Word: profiteered
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Dates: during 1970-1979
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Clem, the only incumbent who works full-time at the council, also thinks rent control has been blown out of proportion. He supports it in principle, but favors what he calls "conditional decontrol" of owner-occupied four, five and six family apartments (assuming owner participation in non-profit home improvement programs and certification that rent increases will not take rents out of the middle income range...
...campaign slogan is "human needs before profit," and she attacks anything which hints of prejudice or inequality--homosexual discrimination, race bias, income stratification and sex discrimination...
...mean selling a product abroad at a price lower than that charged in its home market. U.S. law since January 1975 has been more complicated: a product must be sold for at least the cost of producing it, plus a 10% allowance for overhead, plus another 8% for profit, or it is considered dumped...
Even amid the gloom surrounding steel profit reports, Bethlehem Steel's third-quarter net loss of $477 million, announced last week, stood out as one for the record book: it was the largest three-month loss ever reported by a U.S. corporation. If the company had not been able to take advantage of $417 million in tax credits, the red ink would have totaled $894 million, far exceeding even the full-year loss of $560.2 million that the bankrupt Penn Central reported...
Even without the onetime write-ofis, the No. 2 steelmaker lost $104 million on operations in the third quarter, v. a profit of $45.5 million in the 1976 period...