Word: alphabets
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Dates: during 1970-1979
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...nation's inefficient federal regulatory system. Its argument is that freer markets and increased competition could lead to lower prices or better service in more than half a dozen heavily supervised industries, including airlines, railroads, trucking, natural gas, banks and utilities. White House free-marketeers have lambasted such alphabet agencies as the CAB, ice and FPC for acting as guardians of the businesses they are supposed to regulate. They have urged the creation of a national commission on regulatory reform, a sweeping proposal that has so far won little support in Congress and, predictably, even less from the agencies...
...Ford's side was pretty, red-haired Kathleen DuRoss, 35, a sometime model for the Ford Motor Co. (Ford's wife Cristina was off in Katmandu at the coronation of the King of Nepal.) When Ford flunked a roadside sobriety test (he was asked to recite the alphabet), he was handcuffed and taken to Santa Barbara Hospital for a blood test, then to the county jail, where he was booked for drunken driving. After four hours in a holding cell, he posted his own $375 bail and returned to Detroit. So did DuRoss, a Grosse Pointe mother...
Such a housecleaning is long overdue. Beginning with the establishment of the Interstate Commerce Commission (ICC) by Congress 87 years ago to bring the freewheeling railroad barons into line, the regulatory agencies have proliferated by the score into today's alphabet soup. In 1920, Congress set up the Federal Power Commission (FPC) to watch over the burgeoning hydroelectric industry; in 1934, the Federal Communications Commission (FCC) to monitor the new radio industry; in 1938, the Civil Aeronautics Board (CAB) to police the airlanes; in 1946, the Atomic Energy Commission...
...with Smith out of office, Moses shifted most of his attention from Albany to New York. Fiorello La Guardia was mayor of the Depression-stricken city, and there was no lack of public works that needed building. With money from the New Deal's "alphabet" agencies, Moses went to work. By 1940, he had changed the city's face. Manhattan's West Side Highway, the Harlem River Drive, the Triborough, Verrazano, Throgs Neck and Bronx-Whitestone bridges, not to mention Riverside, Flushing and Van Cortlandt parks, are only a few of the things that eventually owed their...
Political activity has also picked up. Today walls and monuments everywhere are plastered with a monarchist-to-Maoist alphabet soup of obscure fringe parties, including, among others, M.R.P.P., C.D.S., P.P.M. and P.S.D.I. All seem to be catching up on a half-century of political intrigues, cabals and power plays. But in so doing they have exacerbated the country's debilitating political instability...