Word: 1970s
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Novelist Orhan Pamuk, a Nobel laureate, said in a lecture yesterday that he was once a naïve young man who read while lounging beside a stinking ashtray at home in 1970s Istanbul...
...World War II, overseeing such aspects of the war effort as shipping and synthetic-rubber production. The term was then essentially retired until the presidency of Richard Nixon, who appointed the first drug czar and a well-regarded energy czar, William E. Simon, who helped the country navigate the 1970s oil crisis. The modern drug czarship - perhaps the best-known of the bunch - was created by George H.W. Bush and first filled by William Bennett, now a conservative radio host. By some counts, George W. Bush had the same number czars as Obama - or even more - though not so early...
...democracy. Merkel is winning in Germany because support for the SPD, once in the mid-forties at the polls, is now down to less than 25%. With its base cracking, the left does what comes naturally; it splinters. In Germany, the first to bolt were the Greens in the 1970s, with a policy mix of anarchy, culture wars, environmentalism and pacifism. They are now safely on the road to embourgeoisement, and no wonder: the bulk of their supporters - teachers, social workers, the "caring classes" - are employed by the state. Next to go was the hard left, Die Linke, an amalgam...
...opportunities for all its Muslim population is another way in which Germany's unwillingness to think big has hurt it. Germany is fundamentally a strong and cohesive society. Sour Ossis and disaffected immigrant communities do not threaten a new Weimar or a revival of the nihilism that scarred the 1970s. Muslims in Germany, for the most part, have rejected the siren calls of jihadism. But there is a strain of disappointment and resentment in Germany 20 years after the hated Wall came down which makes one uneasy about the future. In Oranienstrasse a convoy of cars drives past, horns blaring...
...does have the authority to bring criminal cases involving securities violations under the Martin Act, which gives the attorney general of New York the power to prosecute financial fraud. And it is not unheard of for executives to go to jail for lying on a proxy statement. In the 1970s, in a famous Wall Street fraud case, the chief executive of National Student Marketing was sentenced to 18 months in jail for lying about the finances of a company National Student Marketing was acquiring. Yet Cuomo has typically stuck to bringing civil charges against executives and companies, and that...