Word: prospecting
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Dates: during 1970-1979
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...that he would not try to impose mandatory wage and price controls, and that any attempt to do so would be disastrous. With the exception of Beryl Sprinkel, who figured that there is almost a 50% chance that the President will go for controls, most board members gave that prospect only a 20% to 40% chance. Carter first would need congressional authority and, as the debate raged on Capitol Hill, businessmen would rush to raise prices to get in under the wire. Further, board members argued, controls would not affect three major sources of price increases: OPEC; Federal Reserve Chairman...
...between leaders of the two nations, and the agenda concentrated on the issues that currently matter most to both countries: Iran, Zimbabwe Rhodesia, Northern Ireland, defense, energy and the threat of recession. Back home Thatcher's own popularity has suffered as inflation has climbed to 17%, with the prospect of worse to come in 1980. Nonetheless, she seems to relish the challenge, openly acknowledging that her rigorously conservative policies will not begin to take effect until...
...then the second part of the Kissinger theorem of power will come into play. How Carter responds to the long haul will determine American effectiveness around the globe for years. Last week when the President announced his new military plans he did not seem to be overjoyed at the prospect of buying more arms. But there was a somber exhilaration in his manner suggesting that he had at last found the place where some of the presidential power is stored...
...young Iranian's name (Behzadnia) was difficult to pronounce, so American journalists called him Yellow Jack et, after the color of his windbreaker. He approached the representatives of ABC, CBS and NBC in Tehran with a tantalizing prospect: an interview with one of the hostages at the U.S. embassy. But there were catches. The networks would have to submit their questions in advance, broadcast the program live (to prevent any editing) in prime time, and allow Iranian students to make statements and ask questions of their...
...happens after we are twelve matters very much," added the little Scot, whose body cooperated by arresting its growth at 5 ft. But the adult world mattered when, after graduation from Edinburgh University, he was expected to prepare for a solid job and search for a mate. The first prospect filled him with gloom, the latter with dread. He wrote in his notebook: "Great-est horror-dream I am married-wake up shrieking...