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...companies contend that vertical integration is an economic necessity that works in the best interest of consumers. By controlling production, they say, they ensure that their refineries will be supplied, and by operating retail outlets, they guarantee that the refineries will turn out products that are in demand. They also argue that their industry is intensely competitive. Says a Texaco spokesman: "No single company has as much as 12% of the crude production, refining capacity or product sales." Atlantic Richfield President Thornton Bradshaw sums up industry feeling about the charges: "Baloney...

Author: /time Magazine | Title: ANTITRUST: Going After the Oilmen | 7/30/1973 | See Source »

Home Life. The hottest issue is the union's demand that employees be permitted to refuse overtime work. Workers complain that long hours hurt their health and home life. Managements contend that mandatory overtime is necessary to keep assembly lines moving smoothly. The union's reply: G.M., Ford and Chrysler operate profitably in Canada and Europe, where involuntary overtime is forbidden...

Author: /time Magazine | Title: LABOR: The Work's Too Long | 7/30/1973 | See Source »

This assessment of the American condition reappears in Thompson's more recent writing his articles on the Republican and Democratic Conventions in Miami and on pro-football for Rolling Stone. These are more satisfying and pertinent than "Fear and Loathing" because they contend with bastions of the American Dream that will remain until Thompson's predicted collapse of evil forces. Thompson retains his gonzo journalistic stance but tempers it with political analysis. He acknowledges implicitly that one can deal with present reality, however twisted it appears. As brilliant and funny as it is, "Fear and Loathing" requires nothing but hysterical...

Author: By Martha Stewart, | Title: Doomservice | 7/10/1973 | See Source »

Despite battling in the inferno, the Vietnamese have not lost their humanity. The violence which for decades they have been forced to contend with and resort to has not obscured their goals or tarnished their ultimate vision. Vietnam will be free, and Vietnam has taught America both the price and the value of freedom

Author: By Daniel Swanson, | Title: Harvard Was Quiet, But Vietnam Will Win | 7/2/1973 | See Source »

...seven Senators question all of his allegations. Dean has vowed to tell for the first time everything he knows about the Administration's political espionage and the conspiracy to cover it up. In the process, he is expected to deeply damn his own actions. But his lawyers contend that what Dean knows will also directly implicate the President...

Author: /time Magazine | Title: THE ADMINISTRATION: High Noon at the Hearings | 6/25/1973 | See Source »

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