Word: idea
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Dates: during 1970-1979
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When one considers pressing corporations to withdraw from South Africa one should have a clear idea as to what that means. This problem was referred to by President Bok at the very close. Withdrawal means, in most cases, selling at a distress price to a Japanese or European firm whose attitude toward apartheid is apt to be worse, not better. The money thus realized must be invested for several years in South African government securities paying an interest rate about half that of the market. In other words, one must pay a ransom of some 40% of the sale price...
...first-year mentor saw that Keyte's mound problems were due to the fact that he had "changed his motion without telling me a week-and-a-half ago. I have no idea why he did it. Unbelievable. I changed him back in the third inning," Nahigian said...
...Morrison was a poet, but he didn't live out his vison," she said. "I always had the idea that poetry and music were partners, you know, and it's really true that one implies the other. Youyouyou you can't read three stanzas of poetry without setting a musical pattern of some kind, and any kind of music makes you feel a certain way, you know, a certain way you can describe in words...
Since Congress increasingly favors some sort of excess profits tax on the industry, a number of companies are coming around to a grudging acceptance of the idea, just as long as the levy would contain a so-called plowback provision that would permit them to reduce windfall taxes by investing the money in exploration. Congress could well go along with a plowback. Though Carter has attacked the scheme as a loophole "that you can sail an oil tanker through," he may find that without a plowback he will have real trouble getting...
...quick to appreciate the advantages of pay cable. As soon as HBO went on the satellite he bought its service to offer to Teleprompter subscribers. "Before the satellite," he says, "we had to rely on bicycling tapes and film around the country. Suddenly the satellite made possible the idea of buying programming for the entire nation. We could offer new services and look to new sources of income." Teleprompter has invested heavily in earth stations for satellite transmission and now has 80 of them; in January it bought half of Showtime, HBO's rival pay-cable service...