Word: pumpings
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...kind of event that is better suited to Congressmen than Presidents. As the honorary grand marshal, Ford rode in the Mountain State Festival parade in Elkins, W. Va. (pop. 8,287). Three times along the parade route Ford could not resist the urge to leave his limousine and pump hands. The President's good friends as well as his critics might fairly ask whether right now Jerry Ford should take part in a festival, no matter how entertaining it might...
...just go pump on it some...
...pursuing only moderately expansive monetary and fiscal policies. If that is done by the end of 1976, he thinks, price rises and unemployment rates could both be heading down sufficiently to leave the U.S. poised for further recovery. On the other hand, he argues, if the Government tries to pump enough money into the economy to prompt a faster rebound, it will only fan greater inflation that eventually would force a crackdown on demand. "We have one more chance now," he warns, "and if we blow it, we are going to have a very serious recession...
...fact the British penchant for investing overseas rather than at home goes back more than 50 years, and has prevailed in times of prosperity as well as depression. Investment money pried loose has too often been channeled into inefficient industries. A recent government example: Labor's plan to pump some $2.3 million per day into the British Leyland Motor Corp., which is currently losing $264 million a year...
Success also brings money-and money attracts the Mafia. Employers pump barrels of money into some 240 Teamster pension funds round the country. The funds' assets now total perhaps $4 billion; the Western Conference of Teamsters alone has a pension fund of $1.4 billion, fed by employers of 475,000 Teamsters in 13 Western states who contribute between $6 and $26 per member per week...