Word: lien
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...enable consumers to shop around for the best credit terms avail able. Regulation "Z" also strikes an in direct blow at credit rackets. Some home-repair contractors, electricians, plumbers and even morticians have customarily required that the customer sign an agreement giving the creditor a lien on his home. Now the creditor must not only inform the consumer that there is such a lien but give him three business days after signing to think over the deal and cancel it if he chooses - a requirement that could create an awkward situation for morticians. "Z" will especially affect newspaper advertising...
...five friends holding a verv empty bag. They have guaranteed Cleaver's $50,000 bail, and unless he emerges within six months, the money will be forfeited. As the FBI continued its search for Cleaver, the Internal Revenue Service entered the act. The IRS filed a $59,715.12 lien against him for unpaid taxes on royalties from his book, Soul on Ice, and lecture fees...
Through Disorder. Economist Barbara Ward deplored the "air of platitude, lassitude and repetition" that infuses the affluent world's "war" against poverty. She called for a tax on developed countries equal to 1% of their gross national products. The lien-$17 billion-would go directly to poor lands, and would amount to only one-third of the West's annual increase in combined G.N.P., Dr. Ward contended. "It just means getting richer slower between Christmas and Easter, and that includes Lent. Let us tuck away in one corner of our Christian memory the delicious fact that the English...
Washington, D.C., Mar. 13 - Dean Rusk sang and danced on national TV for some seven hours today. Some of his most repeated routines were "The Common Danger to Us All," "The Yellow Peril Polka," "Halt Hanoi, Harry," and the old old standby of the Johnson Administration, "Lies, Lien, Lies...
Charles de Gaulle imperiously describes it as "a lien weighing heavily on our national patrimony." Britain's Prime Minister Harold Wilson calls it "industrial helotry." West Germany's Finance Minister Franz Josef Strauss uses the word Ausverkauf-meaning sellout. The U.S. Government has frowned on it as a plague on the balance of payments. No matter what it is called, the fact remains that one of the most significant developments of the post-World War II world is the great leap by U.S. corporations into overseas markets-whether by direct investment in plant and equipment or by acquisition...