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Word: parked (lookup in dictionary) (lookup stats)
Dates: during 1970-1979
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Ming vases? Antiques? Gold? Cattle? All can tumble out of favor and decline in price. So where is the perplexed American investor to park his extra cash and protect its value? Certainly not in a savings account. Had Phineas T. Barnum lived today, his famous dictum might well have been: There's a saver born every minute. In the inflationary 1970s, savers are suckers who stand to lose. If inflation should continue at February's 15.4% rate, every dollar put into a bank at 5¼% interest will become 91.4? in real money a year from...

Author: /time Magazine | Title: Business: Where the Experts Invest | 4/2/1979 | See Source »

...fast approaching, and no buzzard had come to call. On the appointed day, 30 members of the Buzzard Club who had traveled from St. Louis to celebrate the event anxiously scanned the skies. They were well fortified against the cold and wore yellow cardboard beaks on their faces. Suddenly Park Ranger Bud Burger, peering through high-powered binoculars, spotted a distinctive shape soaring high over a snow-covered field. Moments later, a buzzard glided to a perch in a tall tree about a mile away. There was jubilation among the onlookers. If the buzzards had come to Hinckley, could spring...

Author: /time Magazine | Title: Americana: Omen of Spring | 3/26/1979 | See Source »

Monroe, La., probably has not seen so much unction since the halcyon days of Huey Long. There was smiling Tongsun Park signing autographs and granting interviews. He acted more like a Cajun politician than a disgraced influence peddler turned Government witness in the $213,000 bribery −tax evasion trial of former formidable Congressman Otto Passman, his old friend, in Passman's home town. Park even accepted an invitation to talk to 50 high school journalism students. Samples of their Q. and A.: How did he like Cajun food? Great, especially gumbo and rice. How were morals among young...

Author: /time Magazine | Title: People, Mar. 26, 1979 | 3/26/1979 | See Source »

...dotted with rose-tipped cinder cones, evidence of minor eruptions over the centuries. It resembles nothing so much as a lunar landscape, and indeed was used as an off-off-planet tryout by the astronauts who made the first moon landing. The center of a 28,000-acre national park, Haleakala can be traversed by shanks' mare or mule train, a three-day mountain high...

Author: /time Magazine | Title: Living: Maui: America's Magic Isle | 3/26/1979 | See Source »

...islands are as delightful to the philologist as they are to the bird watcher or plant stalker. All Hawaiian place names have meanings, poetic or factual. Maui's Waianapanapa, site of a 120-acre, stream-laced state park, is "glistening water." There are lao (valley of dawning inspiration), Kapilau (sprinkle of rain on leaves), Lanilili (rippling surface) and Waiakoa (waters used by warrior). Kaanapali is "rolling cliffs." It is comforting when boating off Wailea to know that the "waters [are] governed by Lea," goddess of canoe making. Lahaina is "land of prophecies...

Author: /time Magazine | Title: Living: Maui: America's Magic Isle | 3/26/1979 | See Source »

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