Word: payment
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During his 20-minute speech, Reagan outlined that aid. One program, scheduled to begin this spring, is payment in kind (PIK), which will give Government-owned grain and cotton to farmers who agree to idle more than 20% of their acreage. Farmers can then sell the giveaway grain or use it as feed. The Administration hopes that the move will reduce enormous surpluses and save from $3 billion to $5 billion in grain storage and loans over the next two years...
...nasty things about me," the sheriff said, "but I expected it." However, some bankers and lawyers, perhaps aware of how popular Coon had suddenly become, were only mildly critical. Pittsburgh Attorney Bernard Markovitz, who handles foreclosures, said, "If Coon's intent is only to help them straighten out payment plans, I'm willing to let this slide." But he added, "Somebody has to pay. Nothing's for free these days. Other people have rights in this and they have to be protected...
...that could cost $250,000 in Israeli cities, but many of the houses and apartments being built are even cheaper than that. Mazal and Moshe Levi, who had been living with relatives, discovered that they could buy a three-bedroom apartment in a settlement near Jerusalem for a down payment of only...
...central bank. TIME has obtained a copy of the secret report he wrote to IMF Managing Director Jacques de Larosiere early last year. In it, Blumenthal describes refusing high officials' requests for bundles of cash of up to $50,000, finding a government payment of $4 million to a Belgian professor who was the guardian of Mobutu's son, and uncovering a discrepancy of $32.6 million between what was supposed to be in the government's bank accounts abroad and the money that was actually there...
...nowhere near as good an engineer as Woz," Jobs freely admits. "He was always the better designer." No one in the neighborhood, however, could match Jobs' entrepreneurial flair and his instincts for the big score. It was Jobs who badgered local electronics suppliers for credit; Jobs who arranged for payment ("They'd say, 'Well, how's 30 days net?' We said, 'Sign us up.' We didn't know what 30 days net was"); Jobs who attracted a first-class industrial p.r. firm and a team of experienced managers; Jobs who organized the early manufacturing; Jobs who finally persuaded Wozniak...