Word: nationalizes
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Dates: during 1970-1979
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...State of the Union speech?about the only pronouncement that businessmen had time to digest last week?indicates that Carter made a small start toward soothing business anxiety but has a very long way to go. Said John Wilson, an economist at California's Bank of America, the nation's largest: "I think he demonstrated he has a good grasp of short-term and long-term economic problems, and he presented a balanced package." J. Sidney Webb, executive vice president of TRW Electronics in Los Angeles, thought Carter sounded "more like a conservative Republican than a conservative Democrat...
Humphrey never achieved his goal of becoming President, but in the nation's capital as well as in the heartland, he was honored as if he had. Not only was his body flown to Washington on the plane that had carried the bodies of John Kennedy and Lyndon Johnson, but it also lay in state beneath the dome of the Capitol Rotunda on the same bier that had held Abraham Lincoln and J.F.K...
...enough to threaten "vitally needed urban and social welfare programs." Noting an Urban League study that puts black unemployment at 13.2% (v. 6.3% for whites), Jordan called for increases in job-training funds and public service employment, proposals that most Republicans greet with a distinct chill. Before the Republican National Committee, Jesse Jackson called for a domestic Marshall Plan to revitalize the nation's cities. In spite of such obstacles, Brock insists that black voters can be won to traditional Republican economics. "What have Democratic proposals done for blacks?" he asks. "Thirty-seven percent of black youth is unemployed...
...drums of used grease-about $25,000 worth each week-from local restaurants and drive-ins. The goo, worth $40 per bbl., is valuable because it is reprocessed into a food additive that causes cattle and poultry to gain weight. The thieves have oozed up across the nation, but most actively in Southern California, the fastness of fast food. Sometimes posing as legitimate grease collectors, they have cut chains placed on the outdoor grease barrels, smashed through protective iron gates, and driven over chain fences. Police are not doing much about cleaning up the grease mess. Says Alan Cohen, president...
...neighbors, James A. Carr seemed a solid citizen. He was the smooth-talking president of Boston-based Lloyd, Carr & Co., which billed itself as the nation's largest firm in the arcane field of commodity options, and in less than two years had spawned twelve offices, reaching west to San Francisco. He lived in a $200,000 harborside house, drove his wife and three daughters around in a Rolls-Royce, and gave sage interviews to Boston newspapers. Last week he appeared to have also been the author of one of the biggest frauds to surface in years...