Word: loaned
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Dates: during 1970-1979
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...quarter you won't have to own."). His preaching aside, people in these times still clamor to own just about everything they can possibly imagine. Cars, homes, Cuisinarts, video-cassette recorders--and if you can't afford it, then you simply buy it on credit, borrow money, get a loan, try our EZ Payment plan, Master Charge it, put it on the tab, Leo--anything. It seems the inevitable extension of the consumer age. The old Puritan Ethic might have built this place, but it's the old play-now, pay-whenever attitude that keeps everything running...
...there was a second set of loans that even the N.B.G. directors acknowledged had been "poorly managed." Two lines of credit were opened by the Carters in 1975 and 1976 to finance the purchase and storage of peanuts pending their resale. By the time Jimmy was elected President, at least $3.6 million was outstanding on the loan. The family business was supposed to keep on hand a fixed amount of peanuts or, if they had been sold, to pay the proceeds to the bank...
However, the Carter family business had been receiving from customers checks that had been drawn on insufficient funds and thus could not be cashed. At one point, the value of the collateral had fallen to $357,000, while the loan balance totaled $833,000. In June 1977, the bank asked Billy to stop using that account...
Carter apparently thought the committee would be more of a ladies' auxiliary. Its budget was a minuscule $300,000, mostly in services. Abzug had to negotiate for the loan of office space and staff. All members served without...
...lines of the Marshall Plan, for helping us defend our borders and for raising our standard of living. You should make it easier for your friends to buy arms from you so they can defend their soil and live in a free country. I don't want a loan or aid from you, I want a partnership. For example, I have some of the richest soil in the world here. Let us take 100,000 acres and build an agro-industrial complex. The production of food will be needed until the end of the world. Well, come...