Word: low-cost
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...Dallas, two in Houston): "We are basically geared to take care of one-shot problems." MedStop, one of the FEC pioneers, was started three years ago by Henry Harper Jr., 34, a Houston physician who decided while working in a hospital emergency room that there should be a low-cost alternative for people with simple medical needs. His clinics are open between 8 a.m. and 10 p.m. and staffed by four people: a receptionist, an X-ray technician, a nurse and an M.D., who may be an experienced physician or, on weekends, a young doctor completing training at a hospital...
...House decided that Viet Nam veterans could qualify for treatment at VA hospitals if doctors determined that certain physical problems "may be associated with exposure" to Agent Orange or other chemicals. The House has also passed a program that would make qualified Viet Nam-era vets eligible for low-cost $200,000 Small Business Administration loans. Both the House and Senate agreed to extend for two years eligibility for the G.I. Bill's vocational and on-the-job training...
...less likely space entrepreneur than Hudson, 30, is hard to imagine. A college dropout and self-taught engineer, he met David Hannah Jr., a wealthy Houston real estate developer, in 1979 after making a movie on space exploration. Hudson convinced Hannah that he could build a low-cost rocket using off-the-shelf hardware, and send satellites into orbit for bargain-basement prices...
...turn to "administrative guidance," a procedure rather akin to American-style jawboning. Even then the private companies can simply refuse to accept the government's recommendations. In the late 1950s, for example, the Japanese government suggested that the nation's automakers join forces to produce a low-cost "people's car" modeled after the Volkswagen in order to crack the U.S. market. The automakers refused and launched their own separate products...
...hurt by the money funds, since their cheapest source of funds is deposits in checking accounts and low-interest passbook accounts. Saddled with billions of dollars' worth of unprofitable old low-interest mortgages, some thrift institutions are tottering on the edge of bankruptcy. Last week the U.S. League of Savings Associations urged the Government to impose sharp restrictions on the money market funds and asked the Federal Savings and Loan Insurance Corporation to pledge up to $7 billion in low-cost loans. Says Carroll Melton, league economist: "The money market funds are undermining the mortgage-lending and banking systems...