Word: clampdown
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Dates: during 1970-1979
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...fact, a surprise surge in money growth was precisely what happened last spring. This is a big reason why inflation shows no signs of abating. Ironically, even as then Fed Chairman and now Treasury Secretary G. William Miller was proclaiming a clampdown on monetary growth and pointing proudly to double-digit nationwide interest rates as evidence that the Fed was making it costly to borrow funds, the money supply itself was about to explode...
...erosion has set back consumer confidence. A poll taken this summer by the Conference Board shows that 23% of U.S. families surveyed feel their living standard fell during the past year, forcing a clampdown on buying. Only 20% reported an increase in their standard of living, vs. 31% last spring. The latest consumer price index offered little comfort. It rose six-tenths of 1% in August to an annual rate of 7.4%, vs. a yearly rate of 11.4% in June and 62% in July. Food prices, which had been falling earlier in the summer, picked up slightly in August...
...Rhodesia, the first response of the three beleaguered governments to civil emergencies this month was to impose martial law. In Rhodesia this meant little, since the country had been under military control since the guerrilla war began six years ago. In Iran the Shah's declaration brought a clampdown on civil liberties and empowered the army to arrest without charges and to invade homes without warrants. In Nicaragua martial law merely underscored Anastasio Somoza's desperate situation. Said a Managua businessman: "Martial law here is simply a license to kill...
...outrageously one-sided, even silly. They suggest that the occasional huge jury verdict drives up rates, when the real cause is overpayment of small claims. But the insurers clearly have a First Amendment right to influence legislation." Adds University of Illinois Professor Jeffrey O'Connell: "A court clampdown on advertising is a raw, brutal way of handling the problem. Plaintiffs' lawyers are adequately protected by voir dire [jury selection] procedure." Most analysts doubt the trial lawyers will succeed in muffling the insurers but see the lawyers' maneuvers as effective nonetheless. Says The Research Group's Gingerich...
...stunning clampdown six weeks ago, the government imprisoned at least 50 people for supporting a petition to reconsider the forced exile of the popular East German balladeer Wolf Biermann. Physicist Robert Havemann, who was in a Nazi prison with Honecker, has been under house arrest since late last year for criticizing the regime. A host of dissident artists, writers and students have been arrested or beaten up by goons hired by the security police. Following the Soviet style, the police have lately taken to putting dissidents into insane asylums. Last week Honecker called for a closer connection between the Soviet...