Word: affluents
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Dates: during 1960-1969
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...easily assimilated among educated Jews from Europe, who are concerned that the country may take on a Levantine rather than a Western character. Labor Minister Yigal Allon believes, however, that Israel can still offer Jews the "purposeful life" of a pioneer at a time when more affluent Western societies seem to "lack a social motive." Despite the uncertainty of their future, the Israelis themselves still find advantage in that life and intend to show the world this week that they have the spirit and the military strength to keep...
...companies enjoy such affluent anonymity. Last year, American Home increased its sales by 8% and edged for the first time into the ranks of $1 billion-annual-sales corporations (with $55 million to spare). More important, earnings jumped by 11% to $104 million, winning American Home a 25½% ratio of profit to invested capital...
...schools, parks and mass transit, and $60 billion to universities, hospitals and middle-income housing. He also called on industry to invest $60 billion in slum renovation. Unless a major effort of that scope is undertaken, Rocky argued, the U.S. will remain "at one and the same time the affluent society and the afflicted society." When Nixon appeared next day, he warned that such spending would only feed inflation and thus starve the slum dweller. Nixon turned with greater vivacity to the Democrats. "McCarthy has the intellectuals, Hubert has Lyndon and Bobby has the World Bank," he quipped...
Like so many rock troubadours, S. & G. see pain in the affluent society-in alienation, lack of communication, insincerity, mindless cocktail-hour chatter-but they succeed with these tattered themes by understating them rather than by reviling them. In Punky's Dilemma, in their latest album, Bookends, they even take up the subject of draft evasion, but gently, gently. The song begins innocently: "Wish I was a Kellogg's Cornflake floatin' in my bowl takin' movies/ Relaxin' awhile, livin' in style, talkin' to a raisin who 'casion'ly plays...
...speculators? The identity of most was veiled in the secrecy of Swiss bankers' files, but they were situated throughout the world. Perhaps as much as 40% of Swiss bank purchases were destined for safekeeping in the coffers of Middle Eastern sheiks and oil potentates. Latin American businessmen, affluent overseas Chinese, Asian generals-all claimed a piece of the action. The central banks of many smaller nations with precarious national reserve margins, including some Communist Eastern European countries, had undoubtedly joined in to protect themselves. More in sorrow than in greed, European corporations moved into the buying to hedge their...