Word: nationalizes
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Dates: during 1970-1979
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Some states have slapped extremely high taxes on liquor and created state-run monopolies to sell it, at a stout profit. A prime example is Pennsylvania's Liquor Control Board, which has become the nation's biggest buyer of alcoholic beverages (last year's total: 11 million cases, worth $280 million wholesale). Before a bottle of liquor goes on sale at any of Pennsylvania's 750 "state stores," the board jacks up the price 48% for its own profit, then adds an 18% "emergency" tax levied decades ago to help victims of the 1936 Johnstown flood, and finally tacks...
...grim labor leaders. They want an immediate $34 monthly pay increase for hospital workers; failing that, 2.5 million public employees will stage a sympathy strike, followed by a crippling one-day general walkout. After six hours of fruitless talks, the Premier has had enough. "No!" he declares angrily. The nation's inflation rate is at 12%. To breach wage guidelines with yet another raise for a major union would destroy the government's efforts to stabilize the economy. Startled by the Premier's vehemence, the union leaders accept his face-saving compromise for a raise that falls...
...counters made a valiant attempt to stop Hackett, he cut the Olympian's foot open in the process. The meet stopped while Hackett was taped up by the trainers. Hackett then proceeded to reel off a smoking 9:05 in the race (certainly the fastest time in the nation so far this season), lopping a mere 30 seconds off the Navy pool record, and leading a sweep that tied the meet at eight...
Speaking about last week's mass suicide by members of the People's Temple, Carter said that the nation should not overreact by trying "to inject government into religion...
...Stansfield Turner, director of the Central Intelligence Agency (CIA), said yesterday that public scrutiny of the activities of the CIA could endanger the nation's foreign intelligence capability...