Word: unsounded
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Equitable and the new managers must also face the unpleasant fact that the fund, which pays out about $21 million every month to 74,000 retirees, may be actuarially unsound. According to Daniel Shannon, who supervised asset management for a short period, long-term commitments to the union's 384,000 fund participant members may exceed assets by as much as $5 billion. To close the gap, says Shannon, employers must increase their contributions by 20%, to $37 a month, while the rank and filers will have to work 30 years instead of 20 to gain their maximum pensions...
...that many projects were unnecessary, he had vowed during the campaign "to get the Corps of Engineers out of the dam-building business." The President personally approved the 19 projects for the endangered species list on the grounds that they were uneconomical by today's standards, unsafe or unsound in terms of their effect on the environment. So far, $1 billion has been spent on the programs; if completed, they would cost $5.1 billion more...
...Unsound...
Ideological discrimination has been no less violent. The tenets of racism have beer developed and continue to be taught at no less than this country's most esteemed universities. The characterizations of blacks as animal, barbarian, infantile, pre-scientific, intellectually inferior, psychologically disadvantaged, and morally unsound continue to buttress the intellectual foundations of social relations in this country. How perfectly consistent that no attempt would be made on the part of universities to study thoroughly the history and civilizations of the African continent without the pressure of vocal militants. How perfectly consistent that American colonizers would ignore all the history...
Denenberg is not merely a reporter; he sometimes adds action to excoriation. When he noticed that the antidote on the labels of all wood-alcohol products was medically unsound and possibly fatal, he filed a successful petition with the Consumer Product Safety Commission for new labeling regulations. Two weeks ago Denenberg petitioned the commission to order all U.S. poison labels-some 50,000-rewritten...