Word: fording
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Dates: during 1970-1979
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...amounted to $7.4 billion, making Taiwan America's eighth largest trading partner. Total foreign investment, mainly from the U.S. and Japan, is $2 billion. Though some of this dates back to the 1950s, about $500 million has been invested so far in 1979 alone. Some American companies, including Ford, Chrysler, Bechtel and Westinghouse, are plowing new money into Taiwan. At the end of 1978, Taiwan's foreign exchange reserves stood at $6.5 billion-not bad for a nation of only 17 million. Unemployment is a tiny 1.2% of the working population. Says Economic Affairs Minister Chang Kwang-shih...
...Ford Motor Co. managers estimate that the 35 to 44 age group, with its interest in outdoor leisure pursuits, buys 25% of all vans and pickups. These consumers want fuel-efficient cars-but also fancy extras like air conditioning and stereo. Says Louis W. Stern, marketing professor at Northwestern University: "That age group wants the outward visible things that say, 'I have made it and I want to live comfortably...
Amway has moved to diversify by buying, among other things, hotels in Grand Rapids and the Caribbean and the 950-affiliate Mutual Broadcasting System radio network. A political conservative who was sworn into his Chamber of Commerce job by his good Michigan friend Gerald Ford, Van Andel is an earnest backer of a tax reduction group, Taxpayers United Federation. He is also a supporter of a campaign to limit the number of terms for Presidents (to one), Senators (two) and Representatives (six) in order to reduce the preponderance of professional politicians, as opposed to "citizen" politicians, in Washington...
...They pay in taxes needed in part to finance Medicare and Medicaid. They pay in smaller wage increases than they would get if private employers were not saddled with huge medical insurance premiums. They pay in price hikes that result directly from those premiums. The health insurance costs that Ford Motor Co. pays for its employees add $130 to the price of every car the company makes...
...that SALT II must come to grips with the twin problems of Soviet heavy missiles and Soviet land-based MIRVs. Afterward Jackson sent the President a detailed, 23-page memo, drafted by his right-hand man for strategic affairs, Richard Perle. "If further negotiations were to begin where the Ford-Kissinger negotiations left off," the memo concluded, "you would unnecessarily assume the burden of past mistakes...