Word: interests
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Dates: during 1960-1969
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...requires the FDA to brand as unsafe any additive that has been shown to induce cancer in humans or animals. Last week New York Congressman James J. Delaney, the bill's sponsor, warmly recalled the support he had received from Actress Gloria Swanson, now 70, who roused interest in the bill in a 1952 speech to congressional wives. "I was screaming at the wind until she came along," said Delaney...
...that, as Secretary Romney notes, "housing is the first casualty of the anti-inflationary fight." By making credit scarce and costly, the Government has choked off many of the sources of mortgage funds. More than any other U.S. industry, housing depends on private long-term credit. When interest rates rise rapidly, as they have this year, the financial institutions that normally provide most of the credit run short of money. Savings and loan associations and mutual savings banks have been hard hit by withdrawals; depositors have simply shifted their money out of savings accounts paying 5% and put it into...
Even if the Government would permit it, most S. & L.s and mutual savings banks could not afford to raise the rates they pay to depositors. The bulk of their assets is invested in 20-year to 30-year mortgage loans at the much lower interest rates of bygone years. Insurance companies, normally the third biggest source of mortgage money, have increasingly withdrawn from the housing field. Wary of inflation and eager to improve their profits, they are funneling most of their property loans into projects in which they become part owners...
...period of rapid social and political change, it is highly probable that academic laissez faire will result in temporary shortages in new areas of interest such as Chinese communism, urban ghettos, Afro-American studies, and radical economics. However, the American educational system is more flexible than most in responding to such felt needs...
...stability favoring the "haves"), or are anti-American (or even dangerously non-aligned). American foreign policy is seen as motivated largely by a desire for profits and, related to this, by a desire for domination and control over the destinies of others. These desires are rationalized by equating the interests of the World with American national interest and perhaps, at a deep level, by the anti-communist religion, the "devil theory" of communism...