Word: processing
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Dates: during 1970-1979
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...human interaction has been reduced through technological advances to the rawest uses of power, to the crunch of bones and the smell of burning flesh. The United States has helped the Shah build up an apparatus of repression under which people can be interrogated without recourse to any legal process, freeing the Shah to spend his country's wealth without questions from the population...
...force exerted on passengers speeding around a 90-ft.-high loop reaches more than 3 Gs-enough to make a test pilot blanch. Since the big loops are generally on a track that deadends, riders have to repeat the entire process backward to return to the loading ramp. Traveling backward is foreign to people in a straightforward world, and there is considerable disorientation in whipping through a loop at high speed in reverse. The most hardened roller-coaster freak can climb out of a giant loop with wobbly knees and churning stomach...
...trial began with a Curcio lieutenant reading a manifesto that denounced the whole process as a "grotesque spectacle." Curcio himself pointed to the ten impassive black-robed defense attorneys and called them "crows in form and pigs in substance." When the trial reconvened after a four-day recess, he demanded to return to his cell, and the manacled prisoners clanked out of the courtroom...
...Ending "double taxation" of dividends. At present, a corporation pays tax on its profits, and then a stockholder pays tax on the portion of the remaining profit that he receives in dividends. The simplest way of ending this process would be to exempt from corporate taxes the portion of a company's profits that are paid out in dividends. However, the tax-reform team also is studying various proposals for integrating corporate and individual taxes. A stockholder, like a member of a partnership, would include in his taxable income his proportionate share of the company's profits. Several...
...some other points. The British dropped their demand for a fixed fifty-fifty split of North Atlantic revenues. American negotiators also fended off British attempts to regulate passenger loads and flight frequencies by government decree; the U.S. agreed only to a "consultative" process if, say, the British complain that Pan Am is scheduling too many New York-London flights. The next move is up to the Carter Administration. It must decide which U.S. airlines get the new runs from Atlanta and Dallas-Fort Worth to London...