Word: nationalizations
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Dates: during 1970-1970
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Morass of Confusion. The causes of the chaos were multiple. The 91st Congress was in its dying days, and its weary members were clearly disgruntled that it had lasted so long; they yearned impatiently to break away from the capital and enjoy the holidays with the rest of the nation. Ambitious Senators were fighting to save or to kill bills on which their reputations were riding. Time was too short to pass even the measures that a majority clearly favored; in the crunch it was easy for a few men to thwart the will of the rest. At the same...
...Reagan would not be reelected. In Italy, Astaroth foresaw that Leonid Brezhnev would be ousted last spring and later murdered. In the U.S., Sybil Leek, self-styled queen of witches, revealed that in October, Richard Nixon would be caught up in a saucy sex scandal that would raise the nation's eyebrows...
...Democrat should do right now is identify the party with Nixon's economics. Says one Texan who knows both Johnson and Connally well: "The President [Johnson] feels that Nixon could be had on the economic issue." Nixon, announcing the appointment, pleaded for a bipartisan approach to the nation's problems. If that is what he really wants, he might have chosen instead to install a more liberal Democrat where it really counts-as Attorney General, say, or as Secretary of Health, Education and Welfare...
...increases were necessary if even a modest economic revision were to work. But Warsaw's timing could not have been worse. Posted eleven days before Christmas in a staunchly Roman Catholic nation where the birth of Jesus is celebrated with gluttonous enthusiasm, the price rises were a direct provocation. Even the poorest family, for instance, sits down to a nine-course "Vigil Dinner" on Christmas Eve. So great was irritation over the government's moves that only a spark was needed to transform it into rebellion. The Lenin Shipyards provided that spark...
Many of Hughes' Nevada enterprises were not paying off as handsomely as the owner had expected. Some were barely breaking even−or losing. That could be attributed partly to the nation's economic slump. Still, the suspicion lingered that at least some of Hughes' losses consisted of funds going into the pockets of his employees. All in all, the operating expenses of the Maheu-managed hotel-casinos were far higher than those in rival operations...