Word: paid
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Dates: during 1970-1979
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...they are totally indifferent to the value of money," complains Tom Evans of the oil-rich Arab sheiks whose sumptuous private planes are serviced by his Houston-based firm. One of his customers is Zayed bin Sultan al-Nahyan of Abu Dhabi, president of the United Arab Emirates, who paid $10 million in 1974 for a Grumman Gulfstream II, equipped with royal blue morocco-leather seats and gold seat-belt buckles...
...Dennis, 55, a rancher and hunter who tells of bunking with fellow Marine Ted Williams when both men were flying F9 Panther jets over Korea. Says he: "I'm not an out-and-out environmentalist, but I believe in keeping as much land intact as we can." He paid about $5 million for five adjoining cattle ranches that totaled 5,119 acres, then in 1971 established his park with amenities that include more than 850 campsites and a large bunkhouse. After setting his membership ceiling at 2,500, he sold his first shares at $4,590; the last ones...
Just as it has been doing each week for months, inflation last week pumped up the prices that Americans paid for their goods and services by another $3 billion or so. Billions of this, trillions of that: it is beginning to sound as if the national currency were McDonald's hamburgers. More than all the other measurements of gloom, the one statistic that people can really grasp and feel is that the U.S. enters 1979 with prices almost exactly double what they were in 1967, the date that the government uses to mark the beginning of the inflationary spiral...
Also, a worker who stays on until 70 need not be paid a higher pension than he would have collected if he had retired at 65. Thus companies' pension costs will not rise; they may even drop, since a worker who retires at 70 will draw a pension for fewer years. The cost of providing life and supplementary medical insurance for older workers may rise, but that will be offset by guidelines that the Department of Labor will issue within three months. They will declare that an employer will not have to pay any more to provide benefits...
...person who pays more than twice as much for electricity here in Philadelphia than I ever paid in Cleveland, I strongly support the mayor in his fight against the forces which would make Cleveland a one-company electric monopoly...