Word: action
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Dates: during 1970-1979
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...sour notes in last nights game were the absences or Jon Garrity and Bobby Fowkes. Both suffered injuries in practice this week and will probably not see action Saturday--although Fowkes says he will "try to play." Garrity's absence forced a slight realignment of the forwards as Rob Burns centered with wingers Rick Benson and Derek Malmquist to form the fourth line...
...contrast, Republican Candidate Louie Nunn shook hands all around the state. Nevertheless, he was unable to win forgiveness for an action he had taken when he served as Governor from 1967 to 1971 - raising the sales tax from 3? on the dollar to 5?. Not even carpeting the state with new roads or running a competent, scandal-free administration could placate those voters who still called the tax "Nunn's nickel...
According to Klan watchers, the growth in membership is mostly a reaction to busing for school desegregation and to affirmative action, which Klansmen figure gives blacks an advantage over them in competing for jobs. David Chalmers, a historian at the University of Florida and author of Hooded Americanism, observes that most Klansmen have a resentful sense of being unfairly excluded from the middle class. Says he: "By joining the Klan and defending Americanism, they confer on themselves the status that society has denied them...
Since the Federal Reserve action, the prime interest rate paid by top corporations has jumped another 2% beyond its previously record heights to reach 15½%, and bankers believe that it may go still higher. Interest rates on Government bonds have leaped above levels prevailing at the outbreak of the Civil War, when Confederate forces were encamped at Manassas, ready to march on Washington. The Dow Jones index of industrial stocks since early October has slumped nearly 100 points and closed last week...
Volcker's policy continues to earn raves abroad. The dollar's decline, which had precipitated the action, has been at least temporarily checked. Despite nervousness in world financial markets caused by events in Iran, the dollar has been strong for the past month. Typically, one Frankfurt banker says with a sigh of relief: "For the first time I can confidently see a stable rate for the dollar." Silver, platinum and copper markets, which had soared like comets in early October, have returned to some calm...