Word: distorters
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...single principle of truth. It seeks even treatment not for select constituencies, but for all people everywhere. Most important, today's Crimson shares with the first Magenta a responsibility to print each side of every issue, and to show no quarter to those persons who seek to distort and manipulate its columns...
Factors other than earnings can also affect the price of a stock and wildly distort P/E ratios. Aerovox Corp. earned a grand total of less than 30¢ per share in the last four quarters, but its stock still sells at about 13½ per share, giving it a P/E of 50, because it is in a growth industry?electric and electronic components. Though Superior Oil earned only $1.06 a share in 1971, it sells at a ratio of 251, largely because the market places a high value on its enormous reserves of oil in the U.S. and Canada. Only investigation...
...Family show, the tube's quintessential boob, who each week shrivels bigotry with laughter. Yet to the editors of Focus, the Teamsters' official newsletter, Archie, like the anti-hero of the movie Joe, is just another example of how TV and the press distort the image of the working man. In a recent issue, an editorial thunders: "For some reason, the writers of those shows decided the average worker is a dingbat-fat, more than a little dumb, a committed racist and most of all, very comical." One consequence is that "most of the folks who design...
...declined because total tax collections, while still smaller than in other countries, have risen as a percentage of G.N.P. The reason, of course, has been the fast rise in state, local and Social Security taxes. The main achievement of the federal income tax cuts has been to distort the tax system by restricting the role of a levy that is effective and generally fair, and throwing a greater burden on taxes that are neither...
...STATE the matter another way, the standards of teaching and of government service in the Washington of the 1970's are really quite antithetical. Without a fundamental overhaul in the way officials debate issues and make decisions, while those in government are obliged to lie and distort to each other as frequently as their government lies and distorts to its public, scholars entering government will continue to make real compromises on principle if their work has not already departed from the norms of academic interchange. And as in the case of Huntington's discussion of urbanization, their published writings will...