Word: battleships
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...current naval operations involve two American aircraft-carrier groups and one battleship group (19 ships in all) that will be stationed in Caribbean and Pacific waters near Nicaragua during the next several weeks. What makes this unique is that for the first time in recent years the ships will hover off the coast of a particular Latin American nation. But there have indeed been past U.S. exercises in the Caribbean on a comparable scale...
...western Pacific and was heading from San Diego into Pacific waters off Honduras and Nicaragua. It carries more than 70 aircraft. Its battle group includes seven other ships: a cruiser, a guided-missile destroyer, two standard destroyers, a frigate, an oiler and a fast support ship. The battleship New Jersey, now off Southeast Asia, may join the Ranger in about three weeks...
...technology, trimming organizational fat and selling more aggressively than ever. In 1982, IBM had profits of $4.4 billion on sales of $34.4 billion, making it the most profitable U.S. industrial company. Says Stephen McClellan, author of an upcoming book on the computer industry: "In the 1970s, IBM was a battleship in mothballs. Today it is a fleet of killer submarines...
...wants or needs-whether it be the de-mothballing of a battleship or subsidies to tobacco growers-the fact remains that taxes do pay for schools and libraries, hospitals and highways, police and prisons, and research into outer space. "Taxes," said Justice Oliver Wendell Holmes Jr., "are what we pay for civilized society...
...Navy assures us that the recommissioned battleship, the U.S.S. New Jersey [Jan. 10] would take ten hits by conventional Soviet cruise missiles before being put out of action. This is not very comforting when one contemplates that several battleships were sent to the bottom in World War II by aircraft and submarines that seem primitive today. For $326 million we are getting a floating flagpole to carry Old Glory to the world's ports...