Word: dire
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...slowing, the dollar is beleaguered, the stock market is shaky, and inflation ravages the land. Even President Nixon concedes that "confidence in our management of our fiscal affairs is low." But bad times are boom times for a special breed of economic forecaster who makes a living by predicting dire troubles and suggesting ways to avoid them...
Lame Answer. Chairman Ervin sharply disagreed with Mitchell's prediction of dire consequences had Nixon been told the truth and suggested that even if the President had "lowered the boom," his decisiveness would have impressed voters, and "he would have made his election more sure than ever." That was mere speculation, and in a way beside the point. The point was that Mitchell put the re-election of one man, however deserving, above...
...Athens, the atmosphere was uneasily calm. For the present, at least, Strongman George Papadopoulos has won out. Said one Western diplomat: "Once the colonels got through the first 24 hours, they were home free." If the mutiny had spread throughout the armed forces, the regime would have been in dire straits...
Actually, some of the potentially dire consequences of the energy crisis may be prevented by the ever higher prices of oil and gas. When a commodity becomes more expensive, it encourages its producers to increase supplies and at the same time pressures consumers to cut down their demand...
...activities that they have uncovered add up to an astonishingly audacious business flimflam. In dire need of cash because of sagging mutual fund sales, the company's officials in 1969 devised what seemed to be a surefire way to get capital, brighten their balance sheets and keep their stock attractive. They began inventing fictitious insurance policyholders, putting them on the books and selling the phony policies to other companies that were in the business of reinsurance. Under this arrangement, the reinsurer pays the company that sold the policy $1.80 for every $1 it gets in premiums the first year...