Word: jobs
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Dates: during 1960-1969
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...core of the concept is the desire to get as many welfare recipients as possible working. Only mothers of preschool children and those physically or mentally incapable of holding a job would be exempted. When an ablebodied, but unemployed father applies for federal assistance under the Nixon plan, he would also have to register with a local employment service. If "suitable" work or job training is available, the applicant would have to accept. If he refused, his portion of the federal grant ($500) would be eliminated. The remaining federal funds would be made available to the mother and children through...
...managed by Investors Diversified Services, the biggest company in the fund business. Budge eventually declined the $80,000-a-year bid, but only after pondering over it for more than two months. A Senate banking subcommittee has called on him to explain how he could justify negotiating for a job in an industry that the SEC regulates...
...Senator Thomas J. Mclntyre noted last week that the SEC had unsuccessfully advised the Senate Banking Committee to soften the language of a bill that would limit the fees that mutual funds can charge investors. Senator Proxmire said that he was "shocked" that Budge would negotiate for a fund job while that legislation was still pending. Other Senators also expressed chagrin. The bill has been passed by the Senate, but the House has not yet taken...
...appointed James J. Needham to fill a vacancy on the commission. Needham, who for twelve years headed the New York office of a North Carolina-based accounting firm, is a complete unknown in the securities industry. SEC staff members fear that he may need lengthy on-the-job training from Judge Budge and others...
Even so, additives are likely to continue to flourish. The manufacturers imply that by pouring in a $1.50 can of additive with every oil change, the motorist can forestall a $150 valve-and-ring job. Such a job is usually not needed until a car has been driven 60,000 miles. Since most motorists scrap or sell their cars before reaching that milestone, they seldom discover that additives do not do all that their makers claim...