Word: boosterism
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Dates: during 1950-1959
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Nike. In the antiaircraft division, the Army has the well-publicized Nike (rhymes with Mikey), a liquid-fuel rocket launched by a solid-fuel booster and steered toward invading bombers by radio. The Nike dates back to the Keller era and is not the last word, but the Army believes that it will hit any attacking bomber sent over in the near future. Admittedly the Nike is a point defense weapon with only moderate lateral range. But the Army has so many Nike batteries at strategic points that their ranges already overlap...
...Alumni booster clubs and similar athletic recruiting bodies were dealt an economic blow last week when the Internal Revenue Bureau ended their tax free status. Athletic scholarships as such were not affected, but the bureau will tax alumni monies used to pay for campus visits of prospective athletes...
...organization which raises funds to be used in travel and other activities to persuade prospective students with outstanding athletic ability to attend a particular university, and which is not an intergral part of such institution, is not exempt from Federal Income Tax as an educational institution." Contributions to such booster groups can no longer be deducted from personal income taxes, the Bureau said...
Turner pointed out that the Commission had already obtained court orders against five TV booster stations, whose violations were similar to those of WHRB, but "much less serious...
Cork, Author Hawley has a knowing way with business lingo. While Cash and Lory's vapid love scenes tax patience as well as belief, the vitality of Cash McCall rests in its forceful portrait of a venture capitalist who is as remote from a backslapping booster as Reinhold Niebuhr is from Norman Vincent Peale...