Word: factly
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Dates: during 1970-1979
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Bitchiness seems to be a constant in the $25 million-a-year model biz, despite (or perhaps even because of) the fact that the financial rewards are rapidly increasing. Television has made a big difference; a top model will get $1,000 a day for shooting a commercial, and then twice that for each 13-week cycle the commercial runs, so that in a 21-month period she will make $15,000 for one day's work. There are other changes too. Highly paid "image girls" like Tiegs, whose faces become associated with several specific products, have come into fashion...
...California blonde, Kelly Harmon, daughter of former Michigan Football Hero Tom Harmon, she lived in an apartment above the Shoreham Hotel's garbage chute. "Neither of us really fit into the New York scene very well," says Harmon, who now models and studies acting in Los Angeles. Despite the fact that Cheryl was working hard, she never seemed happy there. "She was an outdoors nut like myself," says Kelly, and in those days a suntan did not help. A California girl was tagged, she says. "You'd go to New York, and Eileen Ford would look you up and down...
Pereira figures that similar buildings would be practical almost anywhere in the U.S., except in very humid regions. In fact, he often opens the windows in the five-story Los Angeles building where he works. Says Pereira: "I'm a fresh-air fiend...
...fact, the drop aggravates America's inflation. Not only do imports cost more, but U.S. exporters also collect more dollars for their products abroad, and so they sometimes conclude that they can increase their prices at home too. As more American goods flood Europe, Triffin hears the cries rising for protectionism. Americans often overlook the fact that the U.S. enjoyed a $7 billion surplus in trade with Western Europe last year. Because the dollar has become grossly undervalued, many American goods are "cheap" in world markets, and the U.S. is often looked upon abroad with the same suspicion that...
Washington, he counsels, should borrow large new sums, both from foreign governments and private lenders abroad. The amounts should run to many billions, "greater than what we think will be the likely needs." These bold borrowings should be concentrated in German marks, Swiss francs and other surging currencies. In fact, he also urges the U.S. to float Treasury bonds abroad, selling them to banks, mutual funds and other investors in exchange for strong foreign money. The Treasury would guarantee to repay these loans in the same foreign currencies, so that the creditors would risk no loss even if the dollar...