Word: worthless
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Dates: during 1980-1989
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Even the best program is worthless unless there is something for the worker to do once it is over. Unfortunately, that is seldom the case, as former Rubber Worker Russell Silcox, 56, knows well. He has not held a permanent job in 4½ years despite taking a 40-week course in diesel mechanics and spending six weeks in a Government-funded program making plastic coat hangers. Earlier this month he began a twelve-month training program as a heavy-equipment mechanic. His family of four is just getting by on his unemployment benefits and his wife's nursing...
...psychological triumph of three weeks ago, when they occupied the virtually undefended provincial center of Berlin for three days, then retreated before the belated arrival of Salvadoran army reinforcements. U.S. officials in El Salvador discounted the showy guerrilla actions as armed propaganda exercises, producing results that were militarily worthless even though psychologically valuable. Nonetheless, as a senior American official admitted, "the guerrillas are getting better at what they're doing. They have better coordination, better timing between their operations...
...penny. First Tennessee will also absorb up to $86.5 million in uncollectible U.A.B. loans. Any more than that will be covered by the FDIC, which believes the total may reach $160 million. The biggest loser is Jake Butcher; he owned $15 million in U.A.B. stock that is now worthless. The flamboyant entrepreneur, who five years ago was Tennessee's Democratic candidate for Governor, and who was the driving force behind last year's Knoxville World's Fair, has clearly lost more than a bank...
...sloganeering about Hong Kong and Taiwan has in fact flourished. The implementation of the new constitution has shown the moderate Deng Xiaoping's power to far from uncontested--and in the struggle after his inevitable removal or death, domestic concerns could render all predictions of a "pragmatic" foreign policy worthless. The communists have not brought stability to China. Domestically, in 35 years they have introduced four different concepts of communism, four constitutions, and three wrenching changes in government. Abroad, China was at one time a close ally of the Soviet Union and of Vietnam, but has since invaded both. Formerly...
...billions of dollars have been lent out since the late 1970s to exploration and development companies that, until recently, had been counting on ever higher prices for their discoveries. If prices were now to collapse, banks would have little choice but to write off many of these loans as worthless...