Word: public
(lookup in dictionary)
(lookup stats)
Dates: during 1960-1969
Sort By: most recent first
(reverse)
Banks last week charged government bond dealers as much as 10% a year for loans to finance their holdings of securities. Interest rates on tax-exempt local bonds reached new peaks. Cobb County, Ga., for example, paid 6.49% interest to float an issue. A block of Government-guaranteed local public-housing bonds was offered to investors at a record annual yield of 5.55%. For a person in the 50% federal income-tax bracket, that is the equivalent of an 11% return before taxes on ordinary stocks or bonds...
...exchange-seat holders. The exchange has called for a committee report by July 17, and will seek the SEC's opinion. Lufkin does not intend to be put off. His firm's prospectus declares bluntly that if the constitution is not amended, Donaldson, Lufkin will go public anyway. If the stock exchange then drops it from membership, the firm seems prepared to risk the short-term loss of the 63% of its revenue that comes from commissions on Big Board trades. It would hope to make that up by using regional and other markets, where most...
SINCE THE medium is the message in politics, or can override the message, ownership of the media has lately become more crucial than ballot-counting in determining who wins elections. Campaigns are packaged into commodities that candidates may purchase from election market analysts; TV dispenses public policy on a county-by-county basis. This could theoretically make for moral neutrality, but its practical effect enables the moneyed candidate to come into more living rooms as man-of-the people...
...PROBLEM of moving a lumpy public conscience, dormant but not dead, proved the most frustrating challenge of the Senate campaign. Voters were angry. The media played up the violence in the street, which had an entertainment value, but the causes of violence received scanty coverage. Gilligan's son Don, a senior at Harvard who spent most of first semester in Ohio, concluded" "We didn't really understand the way people were thinking. We hammered away at the solutions which were necessary: getting out of Vietnam, rebuilding the cities. But what people wanted to hear about were the riots and crime...
...refer to the Senate race often. Instead, he steered the conversation toward topics like the Committee of 15 and student politics. But when the talk occasionally drifted back to the irresponsibility of those who made public opinion, Gilligan warmed. "This country has developed the most fantastic system of communications the world has ever known, but people living today know as much about what's going on as Mongolian tribesmen," he said. It was not just that TV, and the press failed to transmit both sides of a question to the public; they stupified the electorate as well...