Word: moaned
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...discredited by the huge deficits of the 1980s. Nor is it a surprise that in a business magazine, taxes and prices would be popular topics. What's striking is the sheer intensity of Forbes' obsession. Since 1988, Forbes has written at least 65 pieces that urge tax cuts, moan about taxes here and abroad, look back with anger on tax hikes past or hail great tax cuts and cutters of yesteryear. No fewer than 45 columns, meanwhile, give lectures on the need for stable money, preferably achieved by returning to a gold standard, and berate the Federal Reserve and other...
...after all, boasts the best air-safety record in the world. Despite some 82 million takeoffs and landings each year, aviation deaths average about 200 annually. (By contrast, roughly 120 people die each day on America's roads.) Instead, the folks in the cockpits, watchtowers and administration offices moan about the weather disruptions and equipment breakdowns that cause 250,000 delays annually and cost billions of dollars. "We're on the FAA all the time to modernize," says Tim Neale of the Air Transport Association, which represents the industry in Washington. "But it's definitely not a safety problem...
There's one other thing to keep in mind as record-company suits moan about the rising costs of keeping talent happy--those groaning record-industry executives are pulling in huge salaries too. Robert Morgado, former chairman of Warner Music Group, made $7 million to $8 million annually, and when he was fired last May he was given a platinum parachute that by some estimates was worth $60 million. A fair number of other record executives--who still have their jobs--are earning $10 million a year and more. Says music-industry analyst Robert Broadwater: "This is the entertainment business...
...some current trends in pop music. Punk rock, for instance, is "not what it was in 1977," he asserts, "and anybody who is old enough to remember knows the difference. It's being heralded as a new movement, and we all know it's bogus." On rock stars who moan about the high cost of fame: "They're total hypocrites. No one's putting a gun to your head to do videos, to do tours, to do interviews...
...LONG HAVE WESTERN RANCHERS benefited from their low-cost rental of federal lands. But when the Federal Government puts restrictions on the use of this economic advantage, the ranchers have the audacity to moan and groan. If these Westerners wish to have "rights of use" to this land, let them pay the market price. Then they will be in a better position to negotiate terms with the Federal Government. All things have their price. RUSSELL A. MACCACHRAN, Boulder, Colorado