Word: downrightness
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...communique from Havana last week sounded downright chummy. "Fidel expressed to Daniel the readiness of Cuba to cooperate with Nicaragua as far as possible to make the policy a success," read the statement. Fidel, of course, was the bearded one. And Daniel was Nicaraguan President Daniel Ortega Saavedra. The topic of conversation: a peace plan for Central America that Ortega had signed in Guatemala City the previous week...
...bland composure, Meese's description of the "fact-finding" mission left the impression of an incurious, if not downright obtuse, investigator who failed to keep notes of crucial interviews with key players in the scandal or follow up on hints that laws might have been broken. In amiable tones, he told of how on Nov. 23 he confronted National Security Council Aide Lieut. Colonel Oliver North with a memorandum describing the diversion to Nicaraguan rebels of profits from Iranian arms sales. He did not ask North if the President had approved...
After Shultz opposed the arms-for-hostages scheme, he said, the traditional rivalry between State and the NSC turned downright nasty, exacerbated by the hard-right conservatives who had never had much use for the Secretary of State. According to Shultz, one presidential assistant, Jonathan Miller, even took to nixing his travel plans; the Secretary was forced to lodge a personal complaint with the President. (Miller insists such travel decisions were made by Chief of Staff Don Regan...
Most experts would consider that charge hyperbolic if not downright false. Still, the change at the Fed was unsettling enough to cause considerable zigzagging in world financial markets. Within minutes of Reagan's announcement, the Dow Jones average of 30 industrial stocks dropped 22 points, and bond prices suffered their worst one-day drubbing in more than five years. But the Dow bounced back by 42.47 the next day and closed on Friday at 2326.15, up 34.58 points for the week, while bond prices also recovered much of their loss. In Tokyo the U.S. dollar, which has lost about...
...world production shrank from over half to a third and ultimately to less than 25 percent. Developing countries no longer felt beholden to us, and United Nations majorities were no longer secure. Indeed, much of the talk that billowed forth from international organizations seemed intemperate, unfriendly, and at times downright irresponsible...