Word: oiled
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Dates: during 1980-1980
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...protest but a whimper, no hope but many prayers. With the fatalism of a musical form that matured while protesting one war and lives today to witness the conception of another, rock and roll waits for World War III supine, recumbent. It's as though, faced with ICBMs and oil embargoes, musicians are starting at their electric guitars and drum kits and shaking their heads, paralyzed and powerless...
...drink your oil you shmuck, we'll eat our heads of wheat...
...Detroit when Israelis received devastating news about the country's economy. October's inflation rate hit 11%, the third worst monthly figure ever. The government estimated that the 1980 rate would thus reach 138%, up from 111% in 1979. The two main culprits: the cost of oil imports, up more than 75% in the past year, and the enduringly huge defense outlays (38% of the national budget). Salaries, savings and pensions are all indexed to the cost of living, which both fuels inflation and cushions its impact. In 1979, for example, wages actually rose 3% in real terms...
...space ship with no objective and no map," groused Gad Yaacobi, the Labor Party's chief economic spokesman. Weizman said he voted against his own party to pre serve the Camp David accords, since many Israelis were blaming their econom ic woes on the return of the Sinai oil fields to Egyptian sovereignty. Said...
...first time. Five years ago, an average of 470,000 Americans commuted to work on bicycles on any given day, and Washington hopes that by 1985 as many as 2.5 million will be on the streets, saving as many as 77,000 bbl. of oil a day. OPEC and the huge American self-regard coincided to persuade millions of Americans that the bike makes both financial and cardiovascular sense...