Word: beene
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Dates: during 1960-1969
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Typical of Nader's battle style was his campaign for more stringent federal meat inspection at packing plants. While speed-reading the small print of a House report on Agriculture Department appropriations, Nader noticed that it urged "further studies" of the U.S. meat-inspection program. Did that mean that there...
In the stock market, December opened as anything but the accustomed month of year-end price rallies and fat Christmas bonuses. The Dow-Jones industrial average has plunged 70 points in less than a month. Last week it broke below the 800 mark, at which all earlier slides in 1969...
Unthinkable Rate. A strong case can be made that the Government is overdoing its credit tightness and that the time has come for a change. Last week, however, a Federal Reserve official said that the board is persisting with its year-old policies. Interest rates reached yet another new high...
For next year, economists see continuing inflation, though at a slower rate. Arthur Okun, former chief of the Council of Economic Advisers, summarizes the consensus: 1970 shapes up as what could be called a 2-4-6 year -meaning 2% real growth, plus 4% inflationary growth, which would add up...
Like a man possessed, Nader has forsworn any semblance of a normal life. His workdays last 16 to 20 hours, often seven days a week. He has no secretaries, no ghostwriters, no personal aides other than his summer volunteers. Nader operates from two little-known Washington addresses and two unlisted...