Word: corruption
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Dates: during 1950-1959
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...prepared a long list of "improper activities" by Hoffa and henchmen, is another of the Teamster president's more peaceful opponents. The situation here is a particularly frustrating one for McClellan and his committee, for they are convinced, along with the rest of the nation, that Hoffa is a corrupt labor leader who should have been locked up long ago. He has gotten off the hook once already and the Committee well realizes they cannot afford to let him get away again. If he did, public opinion would certainly begin to question the value of a labor rackets purge that...
...this group has had little success in halting Hoffa's steamroller. What they must do then is to convince the rank and file teamster that Hoffa is bad for him and for organized labor. This will not be easy, for many teamsters believe that while Hoffa may be corrupt, he has had to be to gain labor benefits for them. The question will then be whether the anti-Hoffa forces can convince this group that Hoffa is not out for the good of the Teamsters, but for the good of James R. Hoffa...
...York, the A.F.L.-C.I.O. executive council found that the International Brotherhood of Teamsters was "dominated, controlled, or substantially influenced in the conduct of its affairs by corrupt influences," gave the Teamsters 30 days to root out the influences or be suspended, i.e., if Hoffa is elected president, the Teamsters' suspension seems certain...
...Jacoby's side are such authorities as C. Canby Balderston, vice chairman of the Federal Reserve Board. If people become convinced that the Government intends to make inflation permanent, he says, an "inflation psychology" will corrupt all decisionmaking. Businessmen will not fear overexpansion because higher profits will bail them out. The public will stop buying life insurance and fixed-income bonds and scramble to buy land, commodities and equities, bidding up prices. Says Balderston: "The infant ceases to creep. It learns to walk, then run and finally gallop over the brink of the precipice" and bring the bust "which...
...world he could not master. In 1835 he wrote what brilliant Novelist-Critic Vladimir Nabokov calls the greatest play in Russian. The Government Inspector. The conception, suggested to Gogol by Pushkin, was ingenious: a character is mistaken in a provincial town for an important government official, and the whole corrupt, incoherent Russian officialdom is exposed in apparently hilarious farce. Czar Nicholas I himself saw the play and is said to have remarked (roughly translated): "Everyone gets the business here. Me most of all." Gogol and his adored Czar thought it all comedy. But was it? The vein of unreality...