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...trip from Los Angeles to Las Vegas. The 150 passengers, guests of West Coast Mobster "Big Jim" Valenti, had lunched on a buffet of "selected Sicilian meat and cheese cuts," and they were looking forward to an evening at Valenti's hotel speakeasy, The Boiler Room. Big Jim, trigger-tempered head of the notorious "Doo Dah" gang, had arranged the party for the opening-night floor show starring his bride, a former Detroit showgirl named Boo Boo O'Hare. Boo Boo could warble like a thrush, it was said, and Valenti told one and all that she would...

Author: /time Magazine | Title: Show Business: The Doo Dah Gang | 7/14/1975 | See Source »

...recession, his real income fell an unusual 6% from early 1974 through the first quarter of 1975. Now, at long last, his purchasing power is rising, because inflation, interest rates and taxes have all come down. Of the economy's turnaround, Jallow says, "The tax rebate was the trigger." Between rebates and outright tax reductions, the Government will put more than $18 billion into the consumers' pockets from May through December. Last week Ford said that he might ask for a continuation of those tax cuts into next year if the recovery does not proceed smartly. Even...

Author: /time Magazine | Title: THE RECOVERY: The Upturn: Less Inflation, More Spending | 7/7/1975 | See Source »

...mollify his critics. Key elements: $1.3 billion in new housing loans, $14.5 billion in public works projects, easier terms on car installment payments, and a pledge to award more government contracts to small companies. Combined with a slightly easier monetary policy, the measures should be enough to help trigger a modest recovery during the second half of the year (production rates already are inching up, and jobless rates down). But they are hardly sufficient to bring back the halcyon era of double-digit G.N.P. growth that Japan enjoyed before it was rocked by twin economic shocks in the early 1970s...

Author: /time Magazine | Title: JAPAN: Taking a Lower Road | 6/30/1975 | See Source »

...food and fuel; trade and commerce have contracted severely because of the prolonged bank holiday, and hundreds of thousands of former government bureaucrats and soldiers are without jobs. While Communist officials have been vowing "to restore production as quickly as possible," unless they do it soon, economic chaos could trigger widespread unrest among the South Vietnamese. There is, however, a question of how long they will remain South Vietnamese. North Viet Nam's National Assembly voted last week to unify all of Viet Nam, with Hanoi as its capital...

Author: /time Magazine | Title: VIET NAM: Fading Smiles | 6/23/1975 | See Source »

...Ford may not have fully "consulted" Congress before he ordered U.S. armed strikes on Cambodia to free the crew of the Mayaguez merchant ship. But Alton Frye, a senior fellow of the Council on Foreign Relations, argued that Ford had begun reporting to Congress, thus setting the stage to "trigger congressional deliberation" if the military operation had been prolonged or gone sour...

Author: /time Magazine | Title: TIME CONGRESSIONAL PANEL: Big Changes and a New Self-Confidence | 6/9/1975 | See Source »

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