Word: wealthiest
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Dates: during 1970-1979
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...type crazies was preaching on the street corner the other day. Four feet tall with a placard. "Listen," he said, "and know that man's powers of dispossession are far greater than his powers of possession." Terrific. "There are a lot of luxury cars out there, but even the wealthiest people can own but a few." This is true. "On the other hand," he said with absolute glee, "It's entirely possible not to own hundreds of thousands of Mercedes...
...most forceful speeches, World Bank President Robert McNamara severely chastised the wealthiest nations for a trend toward increased protectionism that seems aimed at the rising amount of finished goods made by the less developed countries (LDCs). He noted that the rich countries still sell about five times as much manufactured products to the poor countries as they buy from them, and that the LDCs absorb fully 30% of the industrial world's exports of finished products. So rather than worrying about the LDCS' "minuscule" exports of such products, McNamara said, the richer countries would be wise to help...
...federal buildings and property. But Carter Administration officials, who are trying to cut the fat out of a half-trillion-dollar budget, point out that often the money from Impact Aid goes to communities whether they need it or not. Some of the biggest beneficiaries are among the wealthiest school districts in the nation. Montgomery County, Md., has a per capita income about 50% above the national average, thanks largely to the battalions of Washington bureaucrats who live there. Even though these residents pay local real estate taxes, Montgomery County receives $6 million a year in Impact Aid. Similarly, Washington...
...stayed in power propped up with U.S. aid, CIA backing and revenues from the foreign-run copper mines in Shaba province. He has consistently looked out for his personal interests, rather than the welfare of the impoverished majority of Zaire's peoples--reputed to be the wealthiest person in Africa, Mobutu owns the largest hotel in Dakar, Senegal, as well as a number of hotels and a large Swiss bank account...
Newspapers and magazines in Europe bulge with ads for investment opportunities in American land and buildings. Says Jack Shaffer, a senior vice president of New York City's Sonnenblick-Goldman Corp., mortgage bankers: "Many of the foreigners who invest in U.S. real estate are the wealthiest people and richest institutions. They don't want to get rich. They are rich. They just don't want to get poor...