Word: rental
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Dates: during 1980-1989
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...about this problem? In their budget for fiscal year 1988, the Reagan Administration took 5 percent out of HUD's budget, commited no funds for any new construction of public housing and only reluctantly spared a program which would enable local goverments to help landlords rehabilitate low-income rental units. At the same time, the Administration, for the seventh year in a row, tried to fully drop the Urban Development Action Grant (UDAG) program, which aims at encouraging private development of low-income housing in distressed areas. Each year the Congress, Democratic House and Republican Senate alike, stopped the Administration...
...same attitude characterized the Administration's latest budget proposal. There were a couple differences, though, since it is an election year. Even though he continued to oppose the UDAG program, Reagan, with Bush by his side, allowed for the building of new government-subsidized rental units. The Administration had always forcefully opposed such building before...
...This morning he says there is just nothing left. Boats that were on the beach, the little rental Sailfishes or Sunfishes, were driven into cars like spears--power lines down, almost every tree in the area is on the ground...
Ferguson contends that America's most consistently successful and advanced industries, notably aerospace and chemicals, have been dominated by a few giant companies. (Gilder might cite as a counter-example RCA, which squandered its technological heritage by investing in such diversions as carpetmaking and rental cars.) High-tech corporations, says Ferguson, need a heavy capital base to pay for research, computer networks, manufacturing systems and worldwide organizations for sales and customer support. Upstart U.S. firms, too small to bankroll their own factories, often turn to Japanese companies for manufacturing help or sell their key technologies to raise capital for expansion...
...Hertz, the largest U.S. auto-rental agency, pleaded guilty in federal court to overcharging customers and their insurance companies for repairs to cars that the motorists had damaged in collisions. The company agreed to pay a fine of $6.9 million and to make full restitution to some 100,000 victims, who overpaid at least $13.7 million from 1978 through mid-1985. According to the Government's probe, which was first disclosed in January, Hertz paid wholesale prices for auto repairs but charged customers full retail price without advising them of the markup. In other cases, Hertz prepared phony repair appraisals...