Credit, debt and energy crisis prompt self restraint
A commentary argues that credit consumption fuels energy demand and consumer debt. It cites changing dictionary definitions from reliance to payment time, urges folding back on spending, and questions government budget balance while noting political figures and a legal Q&A about a wife’s inheritance and a list of U S officials.
MENTIONED IN THIS ARTICLE
Spain
Wall Street loses Mafia wins in secretly tracked fraud rise
Confidential data from 42 brokerage houses shows a jump in stolen and bogus securities from 75 million in 1973 to 218 million in 1974. Total brokerage losses may exceed 2 billion, with bank and transfer agents raising the potential grand total to about 20 billion. The Mafia is blamed, while Securities Validation's data winds down as banks were warned of phony bonds.
MENTIONED IN THIS ARTICLE
Washington
Wall Street
Securities Validation Corporation
Merrill Lynch, Bache & Co
Henry duPont
duPont
Senate Investigations Subcommittee
Dent Pleads Guilty As Jury System Faults Are Highlighted
Harry Dent, a White House aide tied to Nixon campaign funds, pleaded guilty to a campaign finance misdemeanor after Washington juries and venue issues produced a hostile, biased atmosphere. Judge George Hart deemed him an innocent victim of a flawed system, which sparked broader concerns about fair trials for whites and blacks alike.
MENTIONED IN THIS ARTICLE
White House
Senate
House
D.C
Dent
U.S
George Hart
Consumer mood signals economy in decline and debt strain
New York reports show consumer attitude surveys forewarned about worsening economy with fears over wage price spiral and currency instability. Auto industry overproduced despite forecasts, prices rose, and demand cooled, leaving many households with debt and little income. Companies like W T Grant forecast losses, signaling broad financial stress as recession deepens.
MENTIONED IN THIS ARTICLE
New York
Detroit
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America
Mark Twain
United States Senate
Richard 5. Schwelker
R-Pa
Washington, D.C
Hugh Scott
R- Pa
Pennsylvania
Milton Shapp
Harrisburg
United States Representative Assembly
Joseph P. Vigorito
Cannon House
R. Budd Dwyer
Corry Journal
Sorg-Nem
Wea
Sam
Mafia
By Jack Anderson
National Park Service
Yosemite National Park
Music Corporation of America
Yosemite
MCA
Universal Studios
Park
Park Service
National Park
The
Bill Everhart
Cruncher
Everhart
Rangers
Merced
NBC
U.S. Senate
Paul Harvey
Harry Dent
South Carolina
District of Columbia
Jury of
Nixon
John Cunniff
Corry
Punlissieq
South Street
Corry Pa
William
Eaton Aanaying Eavier
Jann McLaughlig
Asimatsa
Entitad
Tmai
Eifiteen
W.T. Grant Company
W.T. Grant