Word: letting
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Dates: during 1970-1979
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Anna interrupted, "Oh yes, let me see the cruel shoes...
...Palestinian outposts in southern Lebanon. This time he was not speaking just for himself. Said Young, who resigned under fire last month but will retain his U.N. post until later this year: "We condemn the policy of artillery shelling and attacks on Lebanese towns, villages and refugee camps ... Let there be no doubt or ambiguity about this. We cannot and do not agree with Israel's military policies in Lebanon. They are wrong and unacceptable to my Government...
...down. You have to calculate the cost of Chrysler going under and ask if it is worth something to prevent that." But many more echo Clarence Barksdale, chairman of the First National Bank in St. Louis: "If you have any belief in the free-enterprise system, you have to let weak companies like Chrysler sink...
...AMOUNT OF FINESSE in style, however, could mask the coarseness and presumption of Chysler's plea. The goal was an unprecedented tax credit, carved out just for Chrysler, that would have let the company count its losses as profits--allowing it to deduct the cost of capital improvements from its federal taxes, something only profitable companies are normally allowed to do. If Chrysler failed to turn a profit again, its losses would become the government's losses, a neat trick by anyone's standards. Chrysler's strategy for achieving this goal was a mixture of guilt-tripping and blackmailing...
Usually, the tax remedy allows legislators to let a business have its way, and save their faces at the same time. The common ploy didn't work this time. Ergo, the public sits in on the birth of the guaranteed loan...