Word: poore
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Dates: during 1970-1979
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...traveler's checks-that Amexco can make a handsome offer for almost any corporation. Last week it surprisingly bid for McGraw-Hill Inc., the publishing empire (1977 sales: $659 million) that produces Business Week, some 60 other magazines, newsletters and information services, as well as books and Standard & Poor's bond-rating service; it also owns four TV stations...
Sowell also believes that the rise of poor blacks has been blocked by environmental rules and other Government regulations, a view held by other black intellectuals. His argument: "Regulatory rules have impeded people who are climbing rather than people who are already at the top. There is a fundamental conflict between the affluent people, who can afford to engage in environ mental struggles, and the poor people, who need space and access to recreation. If you're talking about keeping the coastline pure enough for the standards of the Sierra Club, you're talking about keeping the people...
...Neither TDU nor PROD is going to get the support of the Al Barketts of the world, unless they become so bourgeois that they decimate their purpose," Brill says. "Same with the tax revolt business, the middle class is saying we want more for us, screw the poor. That same attitude is why you won't have reform in the Teamsters." Brill points out that the course was set long ago, when Jimmy Hoffa cooperated with organized crime to achieve power in the union, when he acquiesced and participated in the corruption, extortion, and violence that cemented his power...
When he faced the city's financial crisis, Dennis J. Kucinich had won two elections for the office of mayor of Cleveland (the second being the recall election) by being a kind of urban populist in a city composed almost entirely of poor, working-class ethnics and blacks. His slogan was "Power to the People," and he waged war against the "establishment" that exploits the city for its own profit from its downtown offices and suburban homes...
AMERICANS, however, must exercise cautious optimism in evaluating the benefits of expanding contacts with China. While some analysts argue that the decision was primarily economically motivated, businessmen must not develop overinflated views of the China market. China is still a poor and underdeveloped nation and while scientific and technological exchange opportunities will no doubt expand, there are few indications that she will enter the world markets on a scale that some overeager investors envision...