Word: backwardation
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First, McNamara startled his audience by rejecting the notion that U.S. security depends entirely on "a vast, awesome arsenal of weaponry." Then, roving far from his Washington beat, he made an eloquent plea for a compassionate diplomacy, aimed essentially at the deprived and backward countries of the world-the "hungering half of the human race," whose "mounting frustrations are likely to fester into eruptions of violence and extremism." Said McNamara: "Security is not military hardware-though it may include it. Security is not traditional military activity-though it may encompass it. Security is development. If security implies anything, it implies...
...sporting a three-button, single-breasted suit with extra-long coat and high-rising pleated side vents. Cardin also likes slacks with colored stripes up the side, flowered dinner jackets, four-inch-high collars and square hats. It is not, he insists, an Edwardian look: "I never look backward. I design for tomorrow. N'est-ce pas, Nicole...
More radical yet is the guaranteed annual income, an idea that surfaced in Edward Bellamy's 19th century novel, Looking Backward, and strikes many sociologists today as the wave of the future. Columbia Social Work Professor Richard Cloward proposes a strategy of crisis and disruption to achieve it. As Cloward sees it, welfare is a "savage and barbarous" system that strips recipients of all dignity. If millions of the poor could be shown how to claim all the benefits to which they are legally entitled, Cloward believes, they would so overload welfare rolls that Congress would have no choice...
...task force. With other experts, they pored over interviews with surviving B-52 crew members and witnesses on the ground; they studied Air Force wind-velocity records and the ballistic characteristics and impact points of the three recovered H-bombs. By feeding complex equations into computers, they projected trajectories backward from the impact points and established the precise location of the collision-the point from which the missing bomb began its descent...
...dealer pays the manufacturer. Dealers and manufacturers are not required to reveal wholesale prices, and they don't. A rule of thumb is that compact cars are marked up 21%, regular cars 25%, and luxury models 27% to 29%. Therefore, the wholesale price can roughly be figured backward from the list price. Example...