Word: diverts
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...savings, have put a mere 8% of their $100 billion hoard into mortgages. Because of monthly collections and bookkeeping, lack of standardization and archaic foreclosure laws in many states, mortgages are clumsy and costly to handle. Restrictions on interest rates (6% maximum in ten states, 7% in six) divert funds elsewhere. Only Government-backed mortgages, less than a fifth of the total, can be readily traded among investors. The 6% interest ceiling on FHA and VA loans, handiwork of the congressional easy-money bloc, not only makes some investors shun them but also gives rise to the unwelcome system...
From the court's four dissenters-Chief Justice Earl Warren, Associate Justices William O. Douglas, Abe Fortas and William J. Brennan-came a blistering objection written by Brennan: "We cannot permit fears of 'riots' and 'civil disobedience' generated by slogans like black power to divert our attention from what is here at stake-arming the state courts with the power to punish as a 'contempt' what they otherwise could not punish at all." Although the state is unlikely to seek extradition, King plans to go to jail in Alabama next month...
Though part of the harassment is an effort to distract U.S. attention from South Viet Nam, the bigger reason for North Korea's provocations is to divert its own people's thoughts from their deepening economic troubles. "The Communist actions," says General Charles Bonesteel III, the United Nations and U.S. Eighth Army commander in Korea, "are nasty and vicious, but they amount largely to frustrated impotency...
...long as ten more years. But the ships together have been losing more than $3,000,000 a year, and, as Sir Basil Smallpeice, chairman of the Cunard group, put it at the London press conference, "We cannot allow our affections or our sense of history to divert us from our aim of making Cunard again a thriving company...
Nonetheless, Romney's moderate supporters are growing skeptical of his ability to cope with the pressures of a national campaign. Before his Hartford speech, he announced that he would not answer newsmen's questions afterward "because I don't intend to let reporters divert attention from what I'm trying to say." It was a damaging admission of his reluctance to expose himself to the kind of grilling that a presidential candidate must endure daily-even hourly. He is also in trouble at home, where the state senate has rejected his proposals to levy personal...