Word: economice
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Dates: during 1960-1969
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Measure of Promise. "Much of the terror that once gripped women whose husbands were unfaithful to them stemmed from the threat it posed to their economic security," Dr. Bernard said. "Just a few years ago, I believed that a woman could not be casual about her own extramarital relations. Now...
The message was brutally harsh: "Fifteen dollars per nigger." In these words, a newly formed National Black Economic Development Conference last month demanded that "white Christian churches and Jewish synagogues" pay $500 million in "reparations" to U.S. Negroes or face the possibility of disruption of church operations and seizure of...
Ironically, this blunt demand on the churches originated from a well-intentioned effort by a liberal interfaith group to draw out black ideas for the economic betterment of urban ghettos. The Interreligious Foundation for Community Organization (IFCO), which includes 23 Protestant, Catholic, Jewish, Negro and Mexican-American groups, organized the...
Many church leaders nevertheless recoiled both at the tone of the document (it mentioned "armed struggle" if necessary) and at Forman's aggressive tactics in publicizing it. A few were ready to accept New York Mayor John Lindsay's offer of police protection for houses of worship. Others...
Eurodollars create a mixture of benefits and headaches. On the plus side, they provide a vital source of private capital to finance world trade and the growth of international corporations. They bankroll oil exploration, highway construction and even occasional European government deficits. Without them, Europe would lack the investment capital...