Word: accountability
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Dates: during 1970-1979
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George III Kept His Head Re your account of the Reign of Terror [April 23]: perhaps the reason the "American Revolution was a notable exception" to the usual postwar "period of vengeance and terror" is that it was not a revolution. To be a revolution, an armed rebellion must overthrow the central government and replace it with a new system of government. The Americans successfully established a republic not by overthrowing a government but by kicking out a colonial administration. George III kept his head, and Lord North lived to see the early stages of the French Revolution...
Many are also beginning to take the eminently practical step of buying fuel-efficient small cars. Detroit had expected small cars to account for about 47% of all sales of U.S.-made autos this year. The actual share is now 54%. Sales of the GM Chevette and Ford Mustang in March and April ran 77% to 79% ahead of last year. Imports, mostly small and gas thrifty, are taking more than 22% of all sales, a record share. At the same time, sales of gas guzzlers are off so sharply that totals for U.S.-made cars in April...
...crude-oil pumping 7% to 10% in support of the 14.5% price boosts they have imposed so far this year. The cutbacks have turned last year's world oil glut into a global shortage, which the resumption of exports from Iran has not relieved. U.S. imports, which now account for half the nation's oil consumption, are running 8% below two years ago, when demand was much lower...
Police learned that in mid-April a young man had opened a savings account in the bank in the name of John Kertz. A week later a deliveryman dropped the crate off, requesting that it "be held for Mr. Kertz." The box was labeled POMPALIOUM'S ANTIQUE, BEVERLY HILLS, CALIF. and marked FRAGILE. Guards moved the heavy box on a dolly into the storeroom, unaware that it contained not antiques...
Business interests account for a huge share of this activity and their tools are among the most sophisticated. The Chamber of Commerce, the National Association of Manufacturers and the Business Roundtable (made up of the chief executive officers of nearly 200 Fortune 500 corporations) are among the most influential of the business lobbies. In addition, more than 500 corporations maintain lobbying staffs in Washington. These corporations can deduct, as business expenses on their tax returns, the costs of direct lobbying legislators. In addition, trade associations can finance their lobbying activities through the tax deductible dues of member businesses. Individual citizens...