Word: marketeers
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Dates: during 1970-1979
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...from Mesa, Ariz., not because he is interested in "all this psychic stuff' but because "I want to improve myself in my hobby-treasure hunting." A splendidly coiffed blond commodities broker from New York City allows that dowsing helps her cope with, if not actually predict, a fickle market. Ira Denbar, a young mailorder and advertising man from Providence, is trying to shake off the painful effects of a divorce. "Dowsing helps me keep my head together," he says. "It plugs me in to the universe...
...past six years. The four necessities--food, housing, energy, and health care--account for over 80 per cent of inflation, he maintains. In health care, for instance, there is no check on greed--third parties, the insurance companies, pay for most treatment, and doctors and hospitals charge whatever the "market" will bear. The result: spiraling insurance premiums and profits, soaring medical costs, and inflation. The only possible solution is national health insurance, to remove the profit motive, to ensure adequate medical care...
...housing crisis is simple: The Federal Reserve Bank has to give up the notion of combatting inflation by contracting the money supply. Since inflation is primarily structural, the supply of money has little effect on prices. But it has tremendous effects on the construction industry and the housing market. When the Fed tightens money, interest rates zoom (up to 10 per cent at present), and people can't afford to borrow money to build or buy housing. Construction workers go on welfare, real estate values skyrocket, and you just get more inflation...
...previous years, shareholder resolutions asking other companies that market infant formulas in the Third World to curtail their sales in those areas have come before the University's Advisory Committee on Shareholder Responsibility (ACSR...
Readers of Social Standing will recognize that "what they are" is every American's confusing little secret. What they aspire to is known by every successful merchant in the country. But materialism as a measure of class has its hazards. In the upward rush, the market is continually flooded with knockoffs designed to create the illusion of status...