Word: five
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Dates: during 1970-1979
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...name is Sonny Steele. He is played by Robert Redford. He is the ultimate Rhinestone Cowboy, a five-time world's champion rodeo rider now reduced morally, if not economically, by having to hustle Ranch Breakfast, a conglomerate's cereal. He is frequently obliged to ride out into darkened stadiums wearing a suitful of colored lights while carrying a snootful of whisky in order to dull the pain of exploitation...
...total consumption. On another front, the 13-nation OPEC cartel, which has raised petroleum prices by some 1,600% since 1970, is preparing to lift prices yet again when it meets next week in Caracas. Meanwhile Congress continues to dither and quibble over President Carter's five-month-old energy package...
...five-man group favored a high tax but could not agree on the particulars. So each member sent a separate proposal to Carter. The differences revolve around the size and timing of the tax and how to distribute the projected $50 billion in revenues that it would collect. One popular idea is to rebate perhaps $40 billion to workers and employers in the form of lowered Social Security and income tax levies. Another suggestion involves using some $10 billion to help balance the fiscal 1981 federal budget...
That weapon was being battered last week. In hectic trading, the dollar plunged before recovering slightly. Gold, the traditional shelter in troubled times, rose to a record close of $434 per oz. in London, up $52 in five weeks. Traders worried mostly about the volatility of the Iranian confrontation, and they were also troubled by rising oil prices and the slight softening of U.S. interest rates...
...considered solely in terms of abstract and impersonal principle is, of course, a myth. Inevitably there are times when the Justices end up voting their own convictions. "Result oriented" jurisprudence such as this has been criticized for years. But a Justice has to persuade his colleagues to produce a five-man majority; votes change and compromises are struck as individual opinions are exposed to the often withering scrutiny of the whole court. Ego clashes are not surprising, nor are they unique to just the Burger Court. Indeed, insiders consider this court less fractious than some of its predecessors...