Word: callings
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Dates: during 1970-1979
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...attention on actual money creation required not only board approval (which was given unanimously) but the support of the Open Market Committee, which comprises not only the board's governors but also five other representatives from the Fed's twelve regional banks. Just after lunch a conference call was arranged, unanimous support from the governors was secured, and at 2 p.m. both the White House and the Treasury were informed of the Fed's decision...
...indeed cut down the growth of the Fed's "official money," but spending would just keep on surging and spurring inflation anyway. Urges Wall Street Economist Henry Kaufman, an internationally respected expert on interest rates and credit: "What we need now is a new monetary growth target that I call the 'debt proxy.' It would include not just currency and deposits but all private domestic debt as well, a figure that is already at $2.2 trillion, or almost exactly the nation's entire G.N.P...
...noise deafens; Barth blushes. With reason--many an atrocity litters Letters's past, including the authorial analogues of incest, cannibalism and flagellation. But what Barth does in the privacy of his own imagination is his own business; the worst atrocity he reserves for the hapless reader. The siren call of Barth's in-souciance, his cleverness, his recklessness, beckons you towards a grinding crash on the rocks surrounding these 750 pages, and a lonely death...
SOME PEOPLE WOULD CALL Robert Shaplen brave. Others would say that he is just plain crazy. Anybody who attempts to summarize 30 years of modern Asian history in a single volume is probably a little of both. A Turning Wheel is Shaplen's magnum opus, an enormous work on his years as a correspondent in Asia. Like any sweeeping work, it has its ups and downs. If Shaplen's book is flawed by the sheer breadth of his topic, it is held together by the author's personal approach. But A Turning Wheel is also a strangely unfulfilling work, copious...
...never blackmailed Nixon in any form, manner or kind...I work for the President of the United States. I would have been disloyal, treasonable or anything you want to call it, if I'd tried any such trick and I certainly did not...I'm being a little bit positive in raising my voice...because I want to convey to you the fact that I mean...