Word: wealth
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Dates: during 1980-1989
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...spoke for many Americans who felt their life's work and life's savings threatened last week. Since August, the plunging stock market has erased nearly $1 trillion of wealth that people had been counting on to buy new homes, pay tuition or secure retirement. For investors who had scored spectacular gains, on paper at least, the loss was calculated in the thousands, even millions, of dollars that vanished in a few hours...
...they actually owned any stocks or not. Families were willing to take on mortgages to buy new homes, in part because they believed the economy would continue to grow and the value of the home would appreciate. Those who did own stocks enjoyed a dramatic increase in their paper wealth and felt free to spend more on new clothes, vacations, cars and theater tickets. That fueled the economic growth that fostered the widespread sense of well-being...
...pursuing the right policies in the United States by moving to negotiate a budget-deficit- reduction package with the Congress and by adopting an easier monetary policy stance. But it's important that monetary authorities around the world recognize that there's been a large loss of wealth and that consideration should be given to an easing of monetary policy...
...take over a company, and in such transactions, a lot of money is at stake. As one of Edleman's students said, the offering of the money made the assignment both more challenging and more realistic; it helped them learn as much as it tantalized them with visions of wealth. Just like the elementary school assignment in which you have to write a business letter which will actually be mailed, Edelman was doing his best to make the classroom exercise jive with the real world. And in the corporate universe, takeovers and raids are not intellectual enterprises; they're business...
...such as lawyering, doctoring, and "Spam"-endorsing--quickly are becoming obsolete in the face of the lucrative world of media scams. The media is the best way to quickly amass large sums of the American people's money, as evidenced by the triumphant "Slim Whitman" album offers, the enormous wealth of the Televangelist Beggars, and the successful peddling of anything made of porcelain...