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...demagoguery is denounced as the worst evil, plutogoguery is not denounced." Douglas' definition of a "plutogogue": one using "unworthy arguments in support of the wealthy and the powerful." Concluded he: "A lot of arguments which masquerade under the term of 'fiscal responsibility' are plutogogic arguments, which conceal the reality...

Author: /time Magazine | Title: DEMOCRATS: Out with the Plutogogues | 2/8/1960 | See Source »

...through seven weeks of trial, listening to the damaging testimony of 53 witnesses. Accountants and auditors backed the Federal Government's contention that nearly 54,000,000 in assets vanished from Detroit's F. L. Jacobs Co., a holding company, while it was under Guterma controls. To conceal the losses, he set up dummy corporations. Guterma and Eveleigh also withheld information from stockholders, obtained loans on stocks whose value was artificially maintained, even asked a prosecution witness to plead the Fifth Amendment after their trial began. Both men were held without bail pending sentencing Feb. 17. In prison...

Author: /time Magazine | Title: Business: End of an Empire | 2/8/1960 | See Source »

...Russia's 1959 census, which reported a population of almost 209 million (v. a pre-1956 claim of 220 million), seemed to confirm what Western experts had long suspected: for the first decade after World War II, Stalin deliberately sought to conceal from the West how badly wartime casualties (between 15 million and 20 million) had cut into Russian manpower...

Author: /time Magazine | Title: POPULATION: The Numbers Game | 1/11/1960 | See Source »

...agreed to total disarmament, the report went on, Communists could gain world supremacy through easy-to-conceal production of relatively few weapons. But the U.S. and the U.S.S.R. could profitably agree on strategic forces "limited to retaliatory systems capable of surviving a first strike, though insufficient for employment in a first strike." If neither side built enough arms to wipe out the other's retaliatory power, argued the report, the world might reach a "high degree of nuclear stability," a real stalemate rather than one favoring the Russians over the next decade...

Author: /time Magazine | Title: National Affairs: Second-Strike Power? | 12/14/1959 | See Source »

...NATO's Commanding General of Allied Forces, Central Europe, to point out last week that "apart perhaps from the U.S. and Canada," many NATO members "have not kept their promises," are guilty of "moral disengagement." If this continues, he added, "General Norstad and I will be obliged to conceal no longer the fact that we cannot carry out our mission. The Belgians and the Dutch are not usable for the moment. The French forces are in Algeria." Furthermore, NATO's 30 reserve divisions, theoretically ready 30 days after the start of hostilities, do not for all practical purposes...

Author: /time Magazine | Title: NATO: Nervous Alliance | 12/7/1959 | See Source »

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