Word: fund
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Dates: during 1980-1989
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...think that handshakes, a few smiles, and a some positions on the board of trustees are going to generate the kind of money that Harvard is expecting from the upcoming billion dollar fund drive. That is why I have a few sure-fire suggestions for fundraising from my days as treasurer of the Student Council...
...Jane Fonda would be the perfect celebrity to lead the Harvard Protest Fund Drive. She could join forces with all three of Harvard's student activists and picket major American businesses. They could chant "Hey, hey, ho, ho, what we need is lots of dough," and pass around little tin cups for contributions...
...initiative--part of a $401 million package of budget cuts and new, non-tax revenues--would have forced the bottling industry to give the state money from unclaimed bottle and can deposits. Currently, companies hold aside deposit money in a separate fund and dole it out to stores when they return the empty containers...
...contributed to the system for a minimum number of years, regardless of how much other income they receive. These benefits are financed by payroll taxes on workers currently in the work force. That is, retirees are not just getting back money that they have paid into a trust fund. Social Security is not a savings plan, but a massive intergenerational transfer of wealth...
...expect the rate to increase further. Today, the ratio of people receiving benefits to workers paying for them is one to 3.3. By the time Social Security begins dipping into its imaginary trust fund in 2030, the ratio will be one to two. If benefits are not limited, the workers who foot the bill for our generation's retirees will suffer an unconscionable burden...