Word: musts
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Dates: during 1970-1979
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...feeding less money into the banks than people want to borrow from them, an effort in which Miller will need Carter's full support. Though the board runs its own show on interest rates and money supply and is not subject to presidential orders, as a practical matter it must try to coordinate its policy with that of the Administration...
...rescue program might be to help Democrats in this week's election. Carter's advisers, however, fear that the austerity policy will provide a rallying point for opponents in the party who might challenge him in the 1980 primaries. In the President's view, that is a risk he must take. By far the greater threat to his reelection would be continued high inflation, which angers more voters than just about anything else...
Cleveland must also find a way to pay a $13 million debt owed to the Cleveland Electricity Illuminating Co. The privately owned utility sells power to the public Municipal Light Co., which resells it to 46,000 customers. Last spring C.E.I, got federal marshals to begin tagging pieces of city property for sale at auction to satisfy the bill. The private utility has offered to buy out Muny Light, but Kucinich has refused, arguing that it provides a competitive check that curbs rate hikes by C.E.I...
Still to be settled, as well, is how much money the U.S. must pay Israel for its withdrawal from the Sinai. The Israelis are reportedly asking $3 billion to $4 billion, but the haggling, which has long since become a routine aspect of relations between the two countries, is still going on. In 1970, the Nixon Administration paid dearly (to the tune of about $500 million a year in additional aid) for the ceasefire with Egypt. Henry Kissinger's 1975 Sinai agreement may well have been the most expensive pact ever negotiated. It not only pledged enormous financial...
...been invaded by neighboring Tanzania, Big Daddy announced that a 2,000-man Ugandan force had made a "record in world history" by occupying a 710-sq.-mi. patch of Tanzanian territory in "the supersonic speed of 25 minutes." Henceforth, Amin declared, ''all Tanzanians in the area must know that they are under direct rule by the Conqueror of the British Empire"-one of several modest sobriquets that Amin uses to describe his ample (300 lbs.) self...