Word: peanuts
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Dates: during 1980-1989
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Vice President Mondale tells us that Reagan "will fall like a crowbar ... awfully fast." Everyone knows that in a vacuum a peanut can fall equally fast...
...world has suffered from the same kind of indiscriminate musings of Jimmy Carter, whether on having neighborhoods of "ethnic purity," or providing the Palestinians a "homeland," or declaring that his friendship with the Shah of Iran was "irreplaceable." These fellows who come out of the movie business or peanut warehouses-amateurs, if you will-naturally carry a lot of original ideas of how to run the world. Like all people, they are products of their environment, harboring folklore from parents, favorite uncles, teachers, and books they have read. Some of it is fresh and good. Much of it is half...
Perhaps the most remarkable aspect of Billy's testimony was the extent to which he betrayed his deep sense of having suffered because his brother is in the White House. Because his brother's controlling interest in the Carter peanut warehouse was placed in a blind trust controlled by Atlanta Lawyer Charles Kirbo, Billy quit the business. Billy complained that Kirbo "made decisions I was unaware of and questioned every decision I made." And because Plains attracted hordes of tourists, including those who walked into his house without knocking, Billy decided to move 20 miles away...
Ronald Reagan saved roughly $4,500 in federal income taxes last year by declaring losses on his tax-sheltered ranch near Santa Barbara, Calif. While still a peanut farmer in 1976, Jimmy Carter so skillfully used Internal Revenue Service rules that he owed virtually no taxes on an income of $54,934.79. The President later voluntarily donated $6,000 to the IRS. And Ted Kennedy, who was railing against the abuses of tax shelters at last month's Democratic Convention, has much of his fortune tied up in real estate, which is considered the sugar daddy of shelters...
...main reason he went his own way over the years, and the alienation made the President unnecessarily hesitant to direct his brother not to get entangled with the Libyans. According to family and friends, nothing hurt Billy more than what Jimmy did with the family's farm and peanut warehouse. Billy inherited a love for the soil from his father Earl, who used to tell him: "Someday you'll be in charge of things when you grow up. Jimmy's chosen the Navy, and you've chosen the land...