Word: trust
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Dates: during 1990-1999
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Corporations who sponsored the event included the Princeton Review, Anheuser-Busch and Cambridge Trust Bank...
...journalists at a joint press conference in Washington whether he thought it was wise to embrace Clinton so publicly. He did not flinch. He said he was backing Clinton because he believed in him and it was the right thing to do. He had found Clinton "someone I could trust, someone I could rely upon, someone I am proud to call not just a colleague but a friend...
...chance, says Robert Hagstrom, author of The Warren Buffett Way and manager of the Focus Trust, a stock fund that tries to mimic Buffett's style. "You shouldn't take this as a cue to be seduced into commodities, and don't misunderstand this as a big move out of stocks," Hagstrom says. Indeed, the silver and T-bonds, even after recent run-ups in price, account for less than 10% of Berkshire's $34 billion portfolio...
America's pay-as-you-go Social Security system takes in more money through Taxes than it doles out to current recipients, and the extra money is stored in a trust fund. Budget allocations for federal spending make use of the yearly additions to this accumulated revenue...
...government regularly raids its so-called trust funds," Steve Forbes explains in a recent Forbes magazine column. "Imagine looting your employees' pension plan each year and treating the ill-gotten moneys as operating receipts." The trust fund only exists because the ratio of workers to retiree is high. A Social Security crisis will arise when the baby boomers retire. Then, the government will require more revenue to pay retirement benefits than it will accrue by taxing the nation's reduced work force...