Word: siphon
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Dates: during 1960-1969
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...Coop cannot invest its money, it could simply donate it effectively. The new board would have several alternative sources for such charity. Presently they could either siphon it out of the Coop's profits, but then it would be taxable and would mean a further reduction in patronage refunds; or they could take it from the Coop's annual charitable contribution, which amounts to about seven thousand dollars, six thousand of which goes to the Community Fund. The Coop just does not have very much money. What money it does earn, it either pays back to the members or plows...
Nixon's strategy rests on his ability to siphon off enough strength from Alabama's George Wallace to nail down the electoral votes of several Southern states. He is emphasizing "law and order" himself, but Agnew is doing it in much tougher terms. "Nixon and Agnew are riding the right issue?trouble in the streets," said a Maryland Republican. "It's the big issue. It outruns everything, especially with women voters. They're scared to death to walk down the street any more. But what a hell of an issue to have to run on." According to a Democratic strategist...
...South and Humphrey in the North may be at least partly wrong. In Southern and Border states, he does threaten Nixon. A late Wallace surge could give the Alabamian five more states?the Carolinas, Tennessee, Florida and Arkansas ?and swell his electoral vote to 91. Or it could siphon enough votes away from Nixon to enable Humphrey to eke out a few unexpected victories. In the North, Wallace is cutting into the normally Democratic blue-collar wards. But a substantial number of those votes might have gone to Nixon this year because of the "law-and-order" issue...
...Congress and the President over the mixture has thwarted meaningful action. Now there are a few signs of movement. Two weeks ago, Johnson offered to trim his budget request for fiscal 1969 by $9 billion-but only if Congress approves his plea for a 10% income-tax surcharge to siphon an equal amount from the U.S. economy. Last week the President called for national "austerity," warned that the dangers confronting the dollar are "immediate and serious." Said he: "The fabric of international cooperation upon which the world's postwar prosperity has been built is now threatened. If that fabric...
...among other things, by the urban Negro's pent-up resentment of the white businessmen who make their living from the slum's daily needs. These white-run enterprises, blacks complain, not only batten on the ghetto's misery by overcharging for shoddy goods but also siphon off their profits from Negro neighborhoods and seldom employ black workers...