Economic creativity urged to curb inflation in 1980s outlook
Wilmington Ohio economist Martin Giesbrecht argues inflation requires Americans to rekindle economic creativity and shift from blame. He cites low savings, aging factories, and weak investment as causes, urging higher savings, R&D, and quality production to raise productivity and living standards.
MENTIONED IN THIS ARTICLE
Wilmington, Ohio
UPI
Wilmington College
Martin Giesbrecht
Used Car Bargains and Cadillac V8-6-4 Engine News
Hertz cites potential $1000 yearly savings by delaying new car purchase and buying a 3-year-old model. The article compares ownership costs of 1980 new cars, 3-year-old 1977 models, and notes Hertz data on mileage costs. Cadillac introduces a 5 year 50,000 mile warranty for the V-8-6-4 engine amid ongoing complaints and lawsuits.
MENTIONED IN THIS ARTICLE
Hertz Corp
Hertz
Cadillac
General Motors
Small engines take more of a beating
Fram Corp argues that small 4 cylinder engines work harder than odometer miles indicate. The company cites higher rpms and temperatures, recommending engine mile based maintenance and oil changes, and offers an “Engine Miles Conversion Chart” booklet for 34 cars. A copy costs 50 cents from Fram Corp Providence Rhode Island.
MENTIONED IN THIS ARTICLE
Fram Corp
Fram
Providence
R.I
Takeover ideas in energy sector lure investors
The energy takeover frenzy draws interest toward Marathon Oil Amax Pennzoil Natomas Superior Oil and R J Reynolds Industries as big names. An advisor Louis Barsky argues the smarter play is buying secondary oil firms with solid in ground reserves capable of rapid net asset value growth through exploration.
MENTIONED IN THIS ARTICLE
Marathon Oil
Amax
Pennzoil
Natomas
Superior Oil
R.J. Reynolds Industries
Barsky
Conoco
C & K Petroleum
Canadian Homestead Oil and
Reserve Oil & Gas
Tax cut bill reshapes corporate finances for recovery
The Reagan tax package allows unprofitable firms to sell tax deductions and credits to profitable peers, potentially costing $9.6 billion yearly by 1986. Chrysler and others could use leaseback schemes to trade deductions for better equipment pricing, while some see a new market in securitized tax benefits and cash gains for ailing companies.
MENTIONED IN THIS ARTICLE
Washington
Reagan
Treasury Department
Congress
Northeast
Midwest
Chrysler Corp
Also Mentioned on This Page
Business News
Giesbrech
Japan
Giesbrecht
James Mateja
Chicago Tribune
Warrenty
Nou
Hentz Corp
Louis Barsky
The
Speculator
Jersey City
Dan Dorfman
By Bill Neirire
Ernest S. Christian Jr
Treasury
Christian
Inexco Oil
Pogo Producing
Triton Oil & Gas
Adobe Oil & Gas
Consolidated Oil
Sears
Ohio
Wuexe Lelio Corp
Loraine
CLEVE
Plyria
Sphear
Brood
Bhyria