Word: profiting
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Dates: during 1970-1979
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...remarkable that when the rich do it they are engaging in loopholes, tax shelters, reasonable profit, investment incentives, boosting the economy, private enterprise, employing the unemployable and tax advantage...
That may be so, but Mexicans will insist that such negotiations involve a true and fair partnership, allowing both sides to profit. South of the border it is still remembered that Mexico lost half its territory to the U.S. in 1848. There is also the bitter memory of American companies that exploited the country's cheap labor and abundant resources during the 31-year reign of Dictator Porfirio Diaz, whose excesses touched off the revolution that led to the creation of the present republic. Those episodes have fostered a reflexive suspicion about yanqui motives that lingers to this day. Says...
General Motors builds 70% of all big cars today, and they make a $2,000 profit on them while we're making $700 on little cars. On top of that, they've got Sevilles selling at $5,700 profit per car; we don't have those baubles in our candy store. And GM is the price leader; it's not going to raise its prices $ 1,000 on little cars just so we can break even. We're the underdog, but that means we've just got to do it smarter...
...should now know that we cannot entrust our safety to a private industry that neglects safety measures in pursuit of its own profit. The House Interior Committee has uncovered unconscionable negligence on the part of both the plant owner, Babcock & Wilcox, and the Nuclear Regulatory Commission in the Three Mile Island incident. Both ignored the detailed warning of the Tennessee Valley Authority's chief nuclear safety expert. He told them in 1977--two years before the accident--that the plant's method of measuring cooling water levels was faulty, yet nothing was done...
...payment are being drawn on credit unions and savings banks by small investors. Joseph Hale, president of World Wide Coin Investments in Atlanta, reports that one client wanted advice about whether to sell her house to buy gold. Most small investors appear to be looking not so much for profit as capital protection...