Word: forde
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...President and Congress in stubbornly holding the line against a tax hike, protecting most entitlements and refusing to make more than token trims in domestic and defense outlays. The Rose Garden agreement, in short, has spawned a Sixteen Tons budget that, to paraphrase the 1950s Tennessee Ernie Ford hit, will just leave the Government "another year older and deeper in debt...
Like thousands of 60s leftists turned 80s salary-earners, I don't believe that money-making is inherently bad. But neither should it be a summum bonum. Individual profit-seeking must be weighed against a larger social good. That's why we condemn Ford Motor Company for its combusting Pinto and Frank Lorenzo for his union-busting...
Here's another one from the NCAA files: Reports in yesterday's Globe say that the NCAA might be investigating a "special benefit" violation involving Rumeal Robinson, the Cambridge native who iced the 1989 NCAA baketball title for the Michigan Wolverines. Louis Ford, Robinson's father, went to watch his son play in Seattle, Wash., thanks to a group of local business leaders, who funded his trip. Yeah, real serious stuff, here...
...better for the customer," said Bennett Bidwell, head of Chrysler's motor division. Last week the automaker began offering two-year car loans carrying the lowest rate possible: 0%. That attention-getting number was part of Chrysler's response to incentives launched a few days earlier by Ford and General Motors...
...boost slumping sales, Ford and GM have offered a 2.9% rate for two-year loans, 5.9% for three-year terms and 6.9% on four-year deals on most 1988 and - '89 models. Chrysler offered the same rates on the three- and four-year plans. The automakers have also increased their rebates to as much as $2,000 on slower-selling vehicles. The Big Three are suffering a painful sales slowdown, partly because of rising interest rates. Sales of U.S.-made cars and trucks fell 12.6% in March, compared with the same month...