Word: pumps
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...policy to deal with plunging production and mounting joblessness, but it came across to some listeners as indicating the exact opposite. Ford did promise some unspecified new proposals in January. But he also remarked that anyone who wanted him to make a " 180-degree turn" from inflation fighting to pump priming "will be disappointed." He added: "In so far as I can prevent it, the fundamental rules of the economic game are not going to be changed every other month or every other year." He stoutly maintained that "our country is not in an economic crisis...
However, there were some good signs. Rogers did pump in 10 points, of which most came on drives down the middle. In addition, Rogers showed he is the best ball-handler on the team, and the team quarterback...
...Kaye, "is Empress Chicken with Devoted Eunuch Vegetables." His audience, ten Bay Area gourmets who had enlisted for a cordon crêpe de Chine course at Mme. Cecilia Chiang's restaurant, The Mandarin, was suitably impressed, gasping as a duck skin was brutally inflated with a bike pump to demonstrate how to make Peking duck. Kaye started coming to class last year; then, when his old friend Mme. Chiang (no kin to Mme. Chiang Kaishek) fell ill, he stepped in as instructor. Danny still makes the weekly trip from his Beverly Hills home, reverting to his favorite role...
Bruised Knuckles. The Administration recognizes that the housing industry needs special help if it is to survive the crunch, and last week the White House began providing some. Ford signed into law the Brooke-Cranston bill, a measure that will pump $7.75 billion of federal funds into the sere U.S. residential mortgage market over the next twelve months. Earlier, the President had urged Congress to make available only $3 billion to federal agencies that in effect lend the money to home buyers at below-market interest rates. Some builders have talked themselves into believing that once the elections are over...
...maintaining extortionate prices for petroleum now, the study suggests that they will not be able to keep them up. In order to hold 1985 prices at $11 per bbl., approximately the current level, Middle East nations would have to hold production to slightly less than half what they could pump. Oddly enough, they would be doing the U.S. a kind of favor if they did follow that strategy: American imports of oil in 1985 would drop to 3.5 million bbl. a day, from 6.3 million now. Reasons: the high prices would discourage import demand, spur a vast expansion in Alaskan...