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...spotlight shows signs of burning Carter. His attempts at attention-grabbing in the last week--telling a gathering of state governors that he would divert all revenue-sharing funds to cities, and announcing that in the event of another oil embargo, he would declare "economic war" on the Arab bloc--tend to belie his more thoughtful positions on fiscal and foreign policy. His rationale for the first proposal lies in his preference for putting welfare burdens onto the states--rather than the federal government--to prevent future New York City's. The motive for Carter's wishful thinking...

Author: By Robert T. Garrett, | Title: Blue Skies Over Georgia | 12/8/1975 | See Source »

...that failed [Nov. 3]. How do we find out who else covered up important information about the J.F.K. assassination unless we reopen the investigation into the assassination? Why should we have to wait until A.D. 2039 for the answers? Or is this FBI confession another red herring to divert our attention once more from the truth...

Author: /time Magazine | Title: Forum: The Once and Future Spain | 11/24/1975 | See Source »

...Assets Diverted. Before the meeting, however, Ashland signed a consent decree admitting to no guilt but promising, in effect, not to make illegal political donations in the future. It also bared many secrets. In June the company submitted a 539-page report, prepared by a special committee of the board, containing exhaustive information on how Ashland executives had managed to divert corporate assets into an $800,000 U.S. political slush fund that was kept hidden in a safe. The report also indicated that from 1967 to 1972 a CIA operative was on Ashland's payroll, and that...

Author: /time Magazine | Title: CORPORATIONS: The Agonies of Ashland | 9/1/1975 | See Source »

...Diverted Funds. In a racket-infested, violent industry, maverick Overdrive (circ. 56,000) speaks with high-tonnage authority. The chief author of the exposes is Jim Drinkhall, 35, the magazine's top investigative reporter, who specializes in the Teamsters' infamous and huge Central States $1.5 to $2 billion pension fund. Drinkhall roused a federal investigation in 1973 with articles showing that a $1.4 million Teamsters pension-fund loan, ostensibly given to a plastics company in New Mexico, was really used primarily to finance the Chicago syndicate's purchase of wiretapping equipment. He also revealed that the Tonight...

Author: /time Magazine | Title: The Press: Truckin' with Overdrive | 9/1/1975 | See Source »

America's vocabularies, both public and private, are being corrupted in part by a curious style of bombast intended to invest even the most banal ideas with importance. Discussing his institution's money troubles, a university president promises: "We will divert the force of this fiscal stress into leverage energy and pry important budgetary considerations and control out of our fiscal and administrative procedures." This is a W.C. Fields newspeak, the earnestly pseudoprecise diction beloved of bureaucrats, who imagine that its blind impregnability will give their ideas some authoritative heft. In fact, it only confirms the Confucian maxim...

Author: /time Magazine | Title: Education: CAN'T ANYONE HERE SPEAK ENGLISH? | 8/25/1975 | See Source »

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