Word: profiteer
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Dates: during 1960-1969
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...hearings in San Francisco last week, the House Select Committee to Investigate Crime began to probe the route of amphetamines from manufacturers to the streets. There emerged a frightening pattern of ineffective federal regulation, corporate negligence and complicity on the part of some drug firms that profit from the illegal trade...
Wishful Thinking. Investors see the deep U.S. involvement in Viet Nam not as the restorer but as the destroyer of economic equilibrium. Stock prices have often risen markedly on nebulous peace hopes and dropped back when those expectations were frustrated. True, some industries profit from the war. But investors are well aware that, contrary to the cruel myth that capitalism generally thrives on war, the Viet Nam engagement aggravates social tensions that are bad for business. They also consider that war spending causes much of the inflation that the Federal Reserve's credit re-straints are designed...
...need more money for the war on poverty." Fetter said. "and we can't get it from people who haven't any. Only the very rich profit from the present tax system. Blacks and whites can unite behind this issue...
...colonel, Zalman Shalev, a former head of military communications, founded an electronics company that recorded $1,500,000 in sales last year. Another ex-colonel, Arieh Shachar, took over the money-losing government trucking company called Mifalei Tovala, promising to turn a profit within a year or close down the company. He replaced its ancient fleet of trucks and fired 70% of the headquarters staff, starting at the top "to show the workers that the reforms were just." Shachar also negotiated a new labor contract that increased the drivers' work hours by 15%, with no raise...
...Russians' profit from their splashy fair at Kuala Lumpur came chiefly in the form of experience. They crammed 2,000 exhibits into one building: textiles, semiprecious stones, machine tools, and mammoth red "Padi Harvesting Combines"-which are wheat combines converted for use in rice paddies. They also stocked shelves of books by Marx, Lenin and Engels but removed them after a government reminder that most are banned in Malaysia. "We're here to sell," said Dimitri V. Bekleshov, the gray-suited vice president of Vneshtorgreklama, the export agency's ad company. "Our tractors are better than...