Word: ethnics
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Dates: during 1970-1979
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...first they opened primarily to finance trade between their countries and the U.S., or to serve multinational corporations and people who speak the same language as the bank's officers. Some still cater to an ethnic clientele. But, says Ekkehard Bellinger, executive vice president of the Munich-based Bayerische Hypotheken-und Wechsel-Bank, which opened in New York last summer, "once we are here, it is logical for us to generate our own business with clients who have nothing to do with Germany." Moreover, though they will not say so out loud, some foreign bank officers consider American bankers...
...Barre last week sought to pluck a flower: the U.S. military assistance for which he has been campaigning for months. From Mogadishu, Barre ordered home 20,000 Somali troops who have been battling Ethiopians, and recently Cubans and Russians, in the neighboring Ogaden region of Ethiopia in support of ethnic Somalis living there. By playing the peacemaker and withdrawing his invasion forces from territory to which he had no claim anyway, Barre satisfied a Washington condition for receiving defensive weapons to protect himself against the troops now sweeping toward his borders...
...process and in the marketplace of ideas. If these five groups want direct representation, let their members stand for election before the entire college community (or its designated sub-units). Or let them work to defeat candidates they deem undesirable. Otherwise, we cheapen a vital principle of democracy, encourage ethnic hostility, and open a Pandora's box which may well prove frightfully difficult to close...
...most important of all, the government has sent experts and money to make reconstruction a possibility. The townsfolk grew up believing in the benificence of the federal government and the sanctity of the New Deal: they moved from Boston's decaying white ethnic neighborhoods to Hull with the aid of the G.I. Bill. Once again, they consider themselves entitled to aid to preserve their meager economic standing. Homeowners, 90 per cent of whom lacked flood insurance, will be paying up to $1200 annually for the next two or three decades for the government's low interest loans...
...like this: They had to look for ethnic balance, right? Up to the Transportation post they just went for the best people, right...