Word: payment
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Dates: during 1990-1999
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...fact, interest on the national debt is now larger than the deficit, which the Congressional Budget Office estimates at $138 billion or $158 billion for 1990 (depending on whether you count this year's down payment on the savings and loan bailout). In other words, this year's taxpayers are actually paying more than enough to cover this year's Government operations: defense, social welfare, exhibits of Robert Mapplethorpe photographs, everything. It's only the interest -- and interest on interest -- on past excesses that we can't cover. Most of those excesses occurred in the decade since Ronald Reagan...
...just about to scratch TIME off my list when I received your note. Anyhow, here is the payment for my subscription. Show the boss that you earned your salt!" (Big smile...
Last week the corporate gadfly claimed a victory against the world's largest corporation. General Motors' board of directors agreed to Davis' demand for a policy that would ban payment of above-market prices for stock held by a potential corporate raider. Davis first made her anti-greenmail proposal three years ago, after GM paid H. Ross Perot $743 million dollars for his stock -- almost twice its trading value. Davis, who also publishes Highlights and Lowlights, a newsletter about corporate policies, believes that GM had no choice but to accept her proposal, which had substantial support among stockholders. Says...
...shaving, reports of doctored transcripts, illegal payoffs to players and graduation rates that should shame college presidents abound. Television and the money it provides to broadcast games have corroded the soul of the sport. Each of the 64 teams to earn a bid to the NCAA tournament receives a payment of around $286,000. If a team makes it to the Final Four, the payout is a whopping $1,146,000 more. Some coaches wear $300 shoes and earn six-figure incomes. The temptation to cut moral corners in pursuit of the pot at the end of the rainbow...
...Televerket is starting the service, which has already been tested by a few local phone companies, in part because unemployment has reached nearly 5%, a record high for Norway. Compassion has its limits, however. The company does not offer the arrangement to customers with a long history of poor payment...