Word: letting
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Dates: during 1970-1979
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...rent control, who include some citizens' groups as well as landlords and real estate developers, point to New York's devastated South Bronx, Brownsville and Williamsburg as examples of the damage controls do. Unable to raise rents to pay for higher fuel, taxes and other costs, owners let their buildings run down and often abandon them. In the two years that controls were in effect in Miami Beach, there was no new rental construction and no sales of existing rental buildings except at distress prices. Building maintenance and services were cut back, causing widespread deterioration. Homeowners rebelled...
...that the President's guidelines restrain wages while allowing prices and profits to rise. Angered by the Government's intervention in the Teamsters' negotiations, he warned against interference by Carter's arbiters during the U.A.W. talks. Said Fraser: "My advice is that they should stay the hell away and let us settle with the auto companies by ourselves. They will not be welcome. We'll lock the goddamn door...
Reports of the outsize rewards are enough to make many an inflation-straitened American sing along with angry Paycheck. But before everybody gets upset, let alone envious, it might be wise to put the large numbers in perspective. Though nobody has to pass a collection cup for the fellows who reach the top of corporate America's greasy pole, those who make big money as hired managers are a small minority. Down in the trenches, which is anywhere below the senior vice president level, the rewards are moderate and uncertain. A lot of bank vice presidents and middle managers...
Halberstam can be rough on his principals, who sometimes emerge as caricatures, but his harshest treatment goes to Paley. While acknowledging Paley's genius and eminence ("the supreme figure of modern broadcasting"), Halberstam also insists that the chairman coldly let highly profitable entertainment programming elbow out the news division. Murrow, who helped invent broadcast journalism and became a symbol of integrity to colleagues and the public, eventually left the network in despair. Much later, Bill Moyers told Paley that he wanted to quit CBS and return to public broadcasting. Paley asked what it would take to keep him. Moyers said...
...diverse composer and a melodically gifted guitarist, he is capable of highly original fusions of rock and jazz. Why drain all his energies on social satire when others will continue to produce it unwittingly? American Society provides more than enough material for satire--Zappa the critic will always persist. Let us hope that he can revive his musical ingenuity...