Word: arenal
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Dates: during 1970-1979
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...actually begins last summer, when, according to Goetz, "a bunch of us got together to talk about Cambridge." The group particular about issues, instead it wanted to "depolarize" the city council. "There at least two sides to all these issues," Goetz reasons, adding that "city councilors aren't even willing to talk to each other." With the hope of getting Cambridge City government out of deadlock, they endorsed a "moderate slate, filled with people willing to talk and talk until they reached fundamental agreement...
ECONOMISTS aren't the only people who don't understand what's happening to the American economy; their confusion just shows more than anybody else's--they're supposed to understand. But the public today hears only conflicting reports--"We're sailing in uncharted waters," "This is unexplored territory," and a growing fear that the 50th anniversary of the 1929 disaster may be more than a mere commemoration...
...should people understand that inflation and oil prices are bound up when their top economic officials and their media economists, like Newsweek's Friedman, tell them they aren't? Volcker's path leads to economic chaos, not because economists don't understand how it will work, but because it ignores principles even non-economists can understand...
...realized that the rush was on. "It's almost a total panic," said a broker whose clients were jamming his telephones in their haste to sell. "More dramatic than anything I've seen since the assassination of President Kennedy. The institutions and banks are selling, but they aren't as dramatic as the public. The public always seems to overreact. They're just calling up and saying, 'Sell my stuff! Get out of my position!'" His experience was not unique. At brokerage houses around the city, investors were trying to cut their losses...
...vessel that will greatly augment the tiny catch made by the country's fleet of small, open fishing boats. In an interview with TIME, Grenada's Socialist Prime Minister Maurice Bishop claimed that "one of the reasons Cubans are in Grenada is because the Americans aren't." He said it took ten days after the coup for U.S. Ambassador Frank Ortiz to assure him that the U.S. would not intervene on behalf of Gairy, a bizarre advocate of voodoo and flying saucer research. The Prime Minister also said that Ortiz gave him a list specifying which nations...