Word: reportedly
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Dates: during 1970-1979
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Security was tight. If you didn't have one of the laminated photo-identity badges distributed by LILCO, police arrested you (two reporters were taken into custody after their badges were misplaced). Police later said they had received a report that a sniper was planning to hide at the site and pick off protesters. He never showed...
...last week at the White House to announce their joint sponsorship of a sweeping new plan to deregulate the trucking industry. The Government would stop regulating rates, freight and entry requirements, steps that the Administration estimates would save the public $5 billion a year in shipping costs. In a report sent to Congress, Carter attacked the present system, which puts the independents at a competitive disadvantage. "Collective rate making, commonly known as price fixing, is normally a felony," he wrote. "But the trucking industry has enjoyed a special exemption from the antitrust laws. This immunity allows trucking companies to meet...
Trucking companies need certificates issued by the ICC in order to haul certain goods or to operate along certain routes. The ICC normally does not certify owner-operators. "Because regulation permits such high profits and makes operating certificates so scarce," declared Carter in his report, "ICC certificates are bought and sold for enormous sums." They sell for upwards of $20 million...
...average age of the population and increasing proportions of the aged." The phenomenon will require a shift in social spending from child health and education to welfare systems for the old, but a smaller working population will have to bear the increasing cost. Moreover countries with dwindling populations, the report suggests obliquely, may face necessary "changes in political attitudes toward immigration...
Despite those vehement denials, the story that West Germany's largest auto firm was aiming to take over the U.S.'s deeply troubled No. 3 automaker immediately became the hottest non-news of the week. Even though the report was scoffed at by both parties concerned, the rapidity with which it ricocheted through Detroit and Wall Street testified to the atmosphere of anxiety that surrounds Chrysler, which is expected to lose at least $285 million, and possibly more, this year...