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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 02, 1982
Page
15
A passenger explains paying his doctor's fees during a Bolivia trip and ponders how 40,000 U.S. millionaires accumulate large fortunes. He questions taxation, savings, and tax shelters as paths to wealth in a high earning economy.
The speaker riffs on wealth and confusion about money in America. He notes rich but dull chiefs, global travel by workers, and opaque finance behind millionaires and ordinary people. He jokes about a paunch of dime finds and asks why a doctor isn’t in Bolivia.
In Hicksville Nassau County storms set off burglar alarms, exposing the security boom. Homes panic as up to 300 calls in five minutes flood precincts while weather and pets trigger false alerts. Security firms report rapid growth and high tech systems, but police urge basic safeguards.
Reporter recalls a Malibu cookie and Mace party where neighbors learned to carry licensed self defense spray. The piece traces the rise and decline of civilian Mace permits from 1979 to 1982 amid crime fears, noting little safety gain.
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