Word: cars
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Dates: during 1970-1979
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...wars impose an ugly risk on the reporters sent to cover them, for sniper fire recognizes no neutrals. So far, two reporters-one Iranian and one Lebanese-have been killed and several others wounded. "There are no rules in this game," says U.P.I. Correspondent Michael Keats, who lost his car to a bomb...
...boss, Rumsfeld ?dropped by. So did Colby and his wife, who seemed radiant at the prospect that her husband would soon be out of the harsh spotlight. General Vernon Walters, deputy director of the CIA, arrived with a box of chocolates and a battery-operated car for the youngest of Schlesinger's eight children. Schlesinger's wife Rachel cooked a 22-lb. turkey. Before carving it, Schlesinger asked: "Where do I apply for food stamps?" Later, as Colby left, Schlesinger clapped him on the back and said: "Who would ever have thought that Dick Helms would survive the both...
Better Shape. Ford plans a modest 3,000-car increase in November over October but intends to put on-line workers on overtime instead of recalling laid-off employees to man the assembly lines. That strategy does not sit well with union leaders. Despite Detroit's improving fortunes, the auto industry's work force has shrunk by 100,000 people in two years; 70,000 are still on indefinite layoff...
...everyone agrees that the industry is in far better shape than it was just ten months ago, when car inventories were high enough to supply buyers for 110 days at the prevailing sales rate (v. a 53-day inventory now) and to frighten the industry into a rebate plan to stimulate business. Just how long the upward pace will continue depends on the strength of the recovery, which so far appears to be maintaining most of its momentum. The Government's index of leading indicators-which portends economic trends-was off nine-tenths of a per cent in September...
...Property rights are waning in value. "A curious thing has happened to private property-it has stopped being very important." Americans "may get a certain psychological satisfaction out of owning a jewel or a car, a TV or a house, but does it really make any difference if [they] rent them?" More important are rights to survival, enjoyment of income and good health...