Word: low-cost
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Unfortunately, the pious talk about home rule often disguises an uglier issue. In Bedford, N. Y., for example, a woman who opposed the UDC's low-cost housing proposal stated: "Let one of those people in, and they'll bring their whole families from Carolina!" Similarly, when other suburban communities try to exclude new residents-especially blacks-their arguments invariably evoke traditional land controls...
Whereas Brezhnev sought barter deals and longterm, low-cost loans, Ceauşescu encouraged West German firms to develop joint ventures with Rumania, in return for 49% of the equity...
Shortly after his arrival, Vesco began investing heavily in the Costa Rican economy, to the tune of at least $25 million. He poured funds into low-cost public housing, a water works and the country's nationalized banks. Initially, Vesco was welcomed in Costa Rica as another potentially helpful American benefactor. Then came accusations that his investment money was part of a $224 million hoard that the U.S. Securities and Exchange Commission has charged him with "diverting" from Investors Overseas Services, the Geneva-based mutual-fund enterprise. Later came the unpleasant news that Vesco had been indicted, together with...
...retirement villages, which, Hugonot says, "are not a satisfactory solution because they do not integrate old people with other age groups." In Grenoble there is a program of "integrated lodging," under which one of ten apartments in new buildings is reserved for older people. Such buildings include attractive, low-cost dining rooms where the residents eat together around intimate small tables...
Challenge. As a first step, the President scrapped the 14-year-old oil quota system, which sets periodic limits and tariffs on oil imports. That system had worked when the U.S. produced more oil than it consumed; its purpose was to protect the high-cost domestic industry from low-cost foreign imports. But since 1970, when the nation's growing energy needs turned it into a net oil importer (the U.S. currently is importing an estimated 6,000,000 bbl. per day), the quota system has proved to be unwieldy, inflexible and a hindrance to oil-industry planners...