Word: ownership
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Dates: during 1990-1999
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...only lip service to the program, known as hope. Congress last year approved it in principle, but denied it serious funding and required, in a typical cut-the-baby-in-half compromise, that another housing-project unit must be built for each one that is turned over to tenant ownership. The White House budget office has calculated that this scheme would cost about $100,000 a unit, and that tenants as well as taxpayers would be better served by a simple system of vouchers that the poor could use to buy or rent housing from private owners...
...going ahead with its plans to set up a local administration and hand over political control of the area by 1999. In November the residents, 85% of whom are Inuit, will be asked to vote again on a complicated land settlement. The deal will offer the Inuit outright ownership of 135,000 sq. mi. and a cash payment of $1 billion over 14 years. If it is accepted, a crash program will begin training the Inuit to take over administration of the Nunavut territorial government...
...content, or at least for its semblance, the White House is renewing its call for enterprise zones and tenant ownership of federal housing projects -- ideas Bush has rhetorically supported for years but has never pushed in any meaningful way. He has already rediscovered Jack Kemp, the Housing and Urban Development Secretary slighted and scorned for three years because he too frequently and too passionately spoke of the need for a domestic policy worthy of the term. In his own departure, Kemp will fulfill his new role as the Administration's ultimate team player. "Don't try to divide me from...
...program succeeds the National Health Research Foundation, a similar program founded by Taplin in 1978. Besides Harvard's ownership of the endowment under the new program, Taplin said he hoped the new program would have a "more focused and defined objective...
Originally, when shareholders were few in number, they had real control over the companies they owned. But as corporate "democracy" widened ownership, the power of shareholders became diffuse, while corporate management grew in strength. The new assertiveness by pension-fund managers and stock-owner groups, abetted by the changes contemplated by the SEC and Congress, should serve to restore some power to the real owners of each company. After all, argues the new breed of rebels, that's what capitalism is all about...