Word: derlying
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Village Voice Columnists Howard Smith and Brian Van der Horst call it "depression fever." They recently polled 150 people and reported that one-fourth "look forward to [a depression] as some kind of perverse attraction." Understandably, those too young to remember the '30s were the most enthusiastic about the possibilities of a depression. Those who lived through the last one, reported the columnists, "thought we were crazy even...
...worthless. Because inflation has wiped out their profits on fixed-price deals, some contractors are backing out of their commitments, even though they risk being sued for default. Says Admiral Kidd: "Subcontractors tell us that it is simply cheaper for them to renege on the or der with the prime contractor. Litigation for default will cost them $3 million to $5 million, but at least they will keep the company" - which might go bust if it sold at the originally agreed price...
Mahler, who is serving time for bank robbery, was convicted of abetting Baa-der's escape and had two years added to his prison term. Baecker was acquitted but remained in prison, also on an earlier conviction for bank robbery...
...seems almost as remote as William Morris' workshop or Verrocchio's studio. It has become part of the "golden legend" of modernism. Except for Josef Albers and Marcel Breuer, the chief Bauhaus teachers of art, design and architecture are dead: Kandinsky, Klee, Moholy-Nagy, Gropius, Mies van der Rohe. Even the ideal that hovered above Bauhaus practice -that social conduct could be purified and made better by all-embracing design systems-now seems to have been a heroic illusion, an ignis fatuus of avant-garde thought: no one really becomes less wicked or more rational by living...
...same agencies which bribed Chilean unions to oppose Allende. Buu's group in turn controls the "Peasant-Labor Party," which ironically lacks either peasants or laborers in the party hierarchy. Buu knows George Meany personally and after an expose this summer in the German weekly Der Spiegel, may be too vulnerable to propel himself into power...