Word: low
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Dates: during 1980-1989
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...properties seized for mortgage defaults. Traditionally, these repossessed buildings have been sold at auction to the highest bidder. The Government ought to start seriously complying with 1987 housing legislation that calls for underused property to be turned over to the homeless, by donating or selling buildings at low prices to housing advocacy groups...
...going to cost U.S. taxpayers money. It is up to the next President and to the American people to decide how high a priority housing of the dispossessed deserves. In considering the cost, the President should keep in mind that the $7.5 billion the Federal Government will spend for low-cost housing this year is meager compared with the nation's biggest housing subsidy: more than $30 billion in a mortgage-interest tax deduction goes to 58.5 million private homeowners, including the very wealthy...
...some, low prices are only part of the attraction. Says Luanne Culbert, a New Jersey chiropractor's wife who gave up her job as a stockbroker to raise her daughter Erin, 2: "It's a great day in the fresh air without the hubbub of the mall. I look for things that aren't in the department stores...
...hills are alive, with the sound of bitching. "This most dismal of presidential campaigns," wailed Elizabeth Drew, in her most recent "Letter from Washington" in The New Yorker, ". . . has set a new low in modern campaigning." A few weeks earlier Page One of the New York Times's Week in Review gave the cartoon expression of this glum sentiment: Michael Dukakis and George Bush, pint-size brats, sticking their tongues out at each other in infantile fury. The 1988 election is, by general agreement, the dirtiest and dumbest election in recent memory, maybe ever...
...investigation, the largest and most complex yet into money laundering, was called Operation C-Chase for the $100 bills (C-notes) that are the denomination of choice in major drug deals. While previous probes had netted mostly low-level operatives, C-Chase bagged far bigger suspects. The arrests were based on indictments handed up by federal grand juries in Tampa and other cities. The indictments named some 80 defendants and the first banking company ever charged in the U.S. with money laundering: the Luxembourg-based Bank of Credit and Commerce International, the seventh largest privately held financial institution...