Word: impactful
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Dates: during 1980-1989
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Texas Instruments seemed as determined last week as the troops that defended the Alamo. The beleaguered electronics giant took out a two-page advertisement in the Wall Street Journal that was intended to have the impact of a barrage of cannonballs. "Suddenly an era of explosive invention begins," proclaimed the company, as it touted an array of new technologies. This time the heroic struggle is over the manufacture of semiconductors, the tiny silicon chips that form the brains of virtually every advanced product from microwave ovens to mainframe computers. The attacker is Japan, whose aggressive electronics industry...
...than are protected now? Media accounts of the proposal and the councilor himself at an address to the CCA Board on May 15, 1986 stressed that 30 percent of the currently rent-controlled units would remain "dedicated" to low-income tenants. At that meeting, Walsh did not have an impact analysis--how many units would be "dedicated"--or a rationale for the 30 percent level. A preliminary analysis of the CCA indicates that the proposal would dedicate only 20 percent of the approximately 14,800 non-condo, rent-controlled units...
This 10 percent difference between the stated intent and the actual impact results from a provision buried in the "definition" section of the proposed ordinance. Obviously, the advocates and spokespeople for the Walsh package did not point this out when discussing the "decontrol" section. In fact, the 30 percent set-aside applies only to buildings with seven or more units. In five or six unit building, only one unit would be dedicated. One to four unit buildings would require no dedicated units. Needless to say, this lack of forthrightness is a great concern...
What is the real intent or impact of Councilor Walsh's proposal? Who will it benefit? Who will pay the costs? When pushed, Walsh has pointed to the expanded opportunity for homeownership made possible by vacance decontrol of 70 percent of presently controlled units. Clearly, a prospective resident or an absentee owner with a downpayment and an income large enough to carry a huge mortgage can benefit. Clearly, a landlord or a condominium developer can benefit as rents double or triple to market rates or condos are sold to the wealthiest buyers. Clearly, the real estate brokers can benefit...
...that she helps the University understand the needs of the community, but they do not acknowledge her influence helping the community understand Harvard. "The University's quiver isn't filled with arrows of community achievement, but Jackie has been careful to involve people--she has managed to have an impact on Harvard," says City Councilor Francis H. Duehay...