Word: jump
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Dates: during 1970-1979
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...this week's cover story on the California tax revolt and its national repercussions, TIME'S correspondents and editors had to deal with a maze of figures about property taxes, assessments and the often stunning jump in real estate prices. For some correspondents, the statistics were academic and provoked only a mild incredulity. But for Los Angeles Bureau Chief William Rademaekers and Correspondent Joe Kane, the figures were a grim reality: as recent initiates to the California housing scene, they shared the experience and understood the bristling anger of many of the residents they interviewed...
...casualty insurers, which have soared in the past few years. Aetna, a giant in the group, raised earnings per share from $1.90 in 1975 to $7.76 in 1977, and is likely to clear $8 this year. President William O. Bailey readily admits that Aetna's rates will jump ever more sharply for people who suffer accidents or losses...
Giovanna is sitting in a car outside her father's villa in the Via dei Villini. She is eating a pizza. Suddenly a van appears and three masked men jump out, seize Giovanna and bundle her off before she has time to sing one note. The villains bring her to a hiding place not far from her home. The police, in search of Aldo Moro, ring the kidnapers' doorbell on two occasions. When no one answers they go away. A few days later, the villains wrap up their captive in a plastic bag and drive to a more remote hideout...
...vegetables have become a luxury." Though shoppers everywhere are becoming much more discriminating in what they buy, many arrive at the check-out counter with glazed, catatonic expressions on their faces. Says San Francisco Housewife Vera Trinkaus: "What bothers me the most is that the prices on items jump not just a few pennies but 20¢ or more at a time. I can't figure it out. There haven't been any new labor contracts signed recently. Where is the money going...
...order to promote more investment that would help everybody, Steiger and his allies argue, taxes must be cut for the people who have money to put to work. Michael K. Evans, president of Chase Econometrics, figures that if Steiger's amendment passes, stock prices would jump 40% in two years. One reason: investors would pull money out of bank savings, municipal bonds and mattresses to pursue capital gains in the stock market. As prices rose, Evans continues, companies would be able to finance a huge expansion of plant and equipment spending by selling new stock. The payoff: a speedup...