Word: commitment
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Dates: during 1980-1980
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...land sales and into commodity options." The New York State attorney general's office and the CFTC, in a complaint filed jointly in federal district court in Manhattan, have charged 30 companies and 37 individuals in eight states and Panama with illegally selling oil futures contracts. These commit the buyer to purchase petroleum for either delivery or resale by an agreed date. The firms-among them, International Petroleum Exchange Inc., Bartex Petroleum Corp. and Comercial Petrolera Internacional S.A.-are specifically accused of using false promotional material, failing to disclose risks and defrauding customers in at least 31 states...
...basic tenet of the treaty--equality in nuclear arms and security--and instead insisted on the maintenance of U.S. superiority. They, once again, claimed a new "missile gap," forcing the President, even during the SALT ratification procedures, to agree to a substantial budgetary increase for new weapons and to commit the government to the production and deployment of the MX missile system. The really frightening thing about the new stage in the nuclear arms race, and it is just this new stage that we are moving to with SALT seemingly dead, is that it will bring us fully into...
...Abscam sting have only themselves to blame or can they, like Hadleyburg, blame the stranger for leading them astray? This question lies at the heart of the uproar over the tactics used to catch public officials in the act of allegedly taking a bribe. Did they willingly commit a crime, if indeed a crime was committed, since the charges have not yet been filed? Or were they tricked into wrongdoing by a Government con game that took unfair advantage of them? At stake is the integrity not only of numerous Congressmen, but also to a degree the reconstituted...
...acceptable police device. In a 1973 decision, the U.S. Supreme Court recognized that infiltration by undercover agents is "one of the only practicable means of detection" in certain kinds of crime, notably drug transactions. In general, the court has ruled that as long as a defendant is "predisposed" to commit a crime, he cannot plead entrapment-that he was lured into breaking the law against his will or without his knowledge. An entrapment plea can be successful only if a law-enforcement agency has pressured or induced him to commit the crime. Thus the defendant must demonstrate that he would...
Energy Cooperation. In a most ambitious suggestion, the commission calls for an "accommodation between oil-producing and -consuming countries." Petroleum exporting nations, on their side, would guarantee levels of production and avoid sudden, large price increases. In return, the developed countries would commit themselves to a stiff conservation program and agree to index the price of oil to the real value of a group of strong currencies. The report also urges an all-out program to discover new oil and gas deposits in Third World countries...