Word: crunchingly
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Dates: during 1970-1979
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...current energy crunch may also induce government intervention in the impending strike. While an invocation of the Taft-Hartley Act and an injunction providing for an eighty day cooling-off period would be the government's simplest move, such action would merely delay the strike to the coldest months of the winter if concessions by the management were not forthcoming. Such a delay would put even more public pressure on the producers to come to terms with union demands...
...Credit Crunch. Burns repeated his pledge that the supply of money and credit will expand to meet the needs of the economy. He said that it will expand appreciably in coming months to make up for the exceptionally slow money growth-1% at an annual rate over the past three months-and that there will be no credit crunch. That determination was underlined last week when Burns for the first time declared, "I would say that we have a recession, a recession for which there is no precedent in history." Monetary policy has indeed loosened in recent weeks. Short-term...
...inflation should be placed on somebody else. The self-interested pleading took up much time at the summit itself. Charles Luce, chairman of Consolidated Edison of New York, one of the nation's largest power companies, asked the Government to take some action to relieve the "desperate" credit crunch in the utilities industry. A coal company executive, Ian MacGregor of Amax, Inc. urged that the U.S. ease the energy crunch by doubling its use of - what else? - coal...
...long last, there are hopeful signs that the Federal Reserve Board is making more money available for credit. Fed Chairman Arthur Burns last week told a conference of financial men in Washington, B.C.: "There will be no credit crunch in our country ... It would be undesirable to further intensify monetary restraint." Though he did not specifically say that there would be an easing, the money markets early in the week flashed a signal that it was already going on. The Fed allowed federal funds -uncommitted reserves that banks lend to each other-to trade...
...almost does-throw the game. Finally, he turns around and wins it when he realizes what a victory will do for his fellow cons' self-esteem and dignity. Robert Aldrich, the hell-for-leather director of items like The Dirty Dozen, fills the sound track with the crunch of every bone, the sight track with every splat of blood he can manage-terrible stuff, but viscerally stimulating. In a simple-minded way, it is also very effective, literally capable of making an audience stand up and cheer just as if they were in the stands at a real game...