Word: investable
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Dates: during 1970-1979
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...MORE IMPORTANT in explaining Angola's political fragmentation has been the economic and political intervention of foreign powers. Angola is an extremely rich prize, and the Caetano regime encouraged foreign capital to invest millions of dollars in Angolan development. Britain, France and West Germany, but the U.S. and South Africa above all, are exploiting Angola's extensive natural resources, which include coffee, oil and diamonds...
...William Simon, these figures are an imperative for government to cut corporate taxes so that businesses will be able to secure the capital necessary to assure enough jobs and goods in the future. Simon also rails against what he calls the "disincentive to invest of double taxation of dividends." He means that first the money is taxed as corporate profits. Then it is paid out and taxed again as personal income. One of these should be eliminated, says Simon. Economists like Joseph Pechman and Michigan's Harvey Brazer see no such imperative. Brazer told the House Ways and Means Committee...
Among other things, the legislature had directed State Comptroller Arthur Levitt to invest $125 million from two state employees' pension funds in bonds is sued by the Municipal Assistance Corporation (Big Mac). In addition, the state was to try to borrow $750 million and then promptly lend it to Big Mac (TIME, Sept...
...liberal reformism is "socialist in content" and that socialism is the "logical outgrowth of liberal consciousness." He has a great deal of faith in the capacity of a centralized bureacracy to deal with problems of distribution of wealth. If only we could re-order our priorities, he argues, and invest our energies and money in people rather than guns, we could move towards a just society...
...irresistible target for many of society's misfits. The President is not only the Chief Executive, Commander in Chief of the armed forces and leader of his party. He is also the symbol of the nation, the living repository of its power and integrity. Few other democracies invest such temporal and quasispiritual authority in one life. Most split them between a President or monarch and his Prime Minister...