Word: greeds
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Dates: during 1970-1979
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Writer Chris Byron makes the oil companies sound like a charity group. He justifies their greed by informing us that "surely nobody knows how to find the crude better than oilmen do." Does this justify future windfall profits at the expense of the American public? Business practices, like oil, should be refined, not crude...
...group outside San Francisco last week, "We're not trying to screw landlords out of their profits, but we have to find a way for people to get a roof over their heads while landlords make a decent profit. What we have to do is eliminate the greed quotient...
...power generation, in a memorable engineer's euphemism, as merely "a normal aberration." Reassuring statements spewed from the plant's press spokesmen, sounding as if they were taken right out of the script for the film The China Syndrome, a thriller that depicts nuclear plant officials as placing greed for profits far above their concern for public safety. But if the movie, starring real-life Antinuclear Activist Jane Fonda, is unfair in its villainous caricature of power-and construction-industry officials, its basic premise will no longer seem so farfetched to those moviegoers until now unattuned to the nation...
...reached Wall Street, stocks surged in their best one-day rally in five months. In Washington, the State Department called the rise "untimely and unjustified," and let it go at that. About the only Washington official to speak out strongly was Senator Henry Jackson. Besides showing OPEC's "greed," he said, the price boost reflected "a punitive doctrine" by Arab oil states eager to condemn the U.S. for acting as midwife to the Egyptian-Israeli peace treaty...
Alfred Kahn, the anti-inflation chief, warned that "business is now on trial in the eyes of the American people."; Carter Aide Hamilton Jordan echoed that profits are "unnecessarily high."; The strongest rebuke came from George Meany, 84, president of the AFL-CIO. Said he: "This demonstrates the greed of corporations. Business is guilty of the grossest demonstration of profit-gouging since the opening days of the Korean...