Word: selling
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Dates: during 1970-1979
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...getting some danger signals," Senate Majority Leader Robert Byrd told President Carter. House Speaker Thomas ("Tip") O'Neill had a similar feeling. On behalf of their Capitol constituencies, both men advised the President last week of widespread congressional opposition to Carter's proposal to sell U.S.-made jet fighters to Israel, Egypt and Saudi Arabia. No one objected to the sale of 15 F-15s and 75 F-16s to Israel and few were worried about Egypt's purchase of 50 less sophisticated F-5Es. But a number of Senators and Congressmen, many of them under pressure...
...operate offensively, Saudi Arabia's F-15s would have to be equipped with multiple-ejection racks from which bombs and air-to-ground rockets could be launched. The Saudis have not asked to buy any such racks, and the U.S. has insisted that it will not sell them any. The Israelis say the racks could easily be purchased elsewhere−a view Pentagon officials dispute. In any case, if Washington ever decided that the Saudis were misusing the planes, the U.S. could cut off the supply of spare parts...
Perhaps the most important argument for selling the planes to the Saudis is that such a transaction would not alter the essential military fact of the Middle East: Israel's overwhelming superiority. If the Israeli lobby in Washington should succeed in quashing the deal, it could be a severe blow to U.S. national interest. The Saudis have made it clear that they would not only be angry and disappointed but would take their business elsewhere. France, for example, would be only too glad to sell them its own latest jet fighters, the Mirages F-1 and 2000, with...
Some money managers are wary about how long the rally can last. Many, including several large insurance companies, have been sellers of stock, and even Citibank has been using the rally to sell and diversify rather than to buy. Still, there has been a bandwagon effect as the majority of institutional investors have rushed in for fear of missing the upturn. Says Paul L. Smith, chief financial officer of California's Security Pacific National Bank: "These fellows are all scared of being left at the starting gate. The minute somebody starts to buy, the others don't want...
Land has no present plans to sell or license sonar focusing to competitors. Potentially, it has uses that go well beyond photography. For example, the small unit might be employed as an obstacle locator for the visually impaired and those who work in the dark, or as an underwater ranging device for divers...