Word: money
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Dates: during 1980-1989
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Andrew R. Molnar, director of Applications for Advanced Technology Programs, a division of NSF that awards $6.5 million in grant money every year, said yesterday that the Harvard-Smithsonian project was selected because it will encourage student involvement in scientific research...
...retirees still enjoy federal largesse, as do oil companies and people earning more than $200,000 (whose income is taxed at a 28% marginal rate, while a working couple with a taxable income of $71,900 pays 33%). Those who gain from such Government generosity vote -- and contribute money -- in disproportionately high numbers and are the heart of the Republican electoral coalition. As long as the middle class has remained relatively unaffected by Washington's retreat, the Republican strategy has paid off handsomely, most recently in Bush's 1988 election and his extraordinary 75% current approval rating in the polls...
Encouraged by those burgeoning numbers, some American corporations have been eagerly pumping money into a market that once consisted mainly of lackluster small-circulation Spanish dailies. In 1988 the Hallmark greeting-card company bought Univision, the largest Spanish-language network in the U.S., from a Mexican media conglomerate for nearly $600 million. The year before, Saul Steinberg's Reliance Group formed rival network Telemundo, which teamed up with CNN to produce a competing evening national news broadcast...
...Oscar for Annie Hall, in order to play his regular gig in midtown Manhattan. Why does a man who has had such a successful career as a writer, comedian, actor and filmmaker feel a compulsion to go out and play the clarinet once a week? Certainly not for the money -- he refuses to accept a cent for playing. Nor is it for self-promotion -- he insists that his appearances not be advertised and has repeatedly turned down offers of big- time recording contracts...
...knowing when." What will the researchers do with their $470,000 prize? "I'll just go back to the lab and do more work," Altman said. Cech had other ideas. Said he: "I have two young daughters who are very good at spending money...