Word: everly
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
Reaction to Young's resignation varied widely around the globe. In Africa a liberation movement veteran was saddened, remarking that Young was "the only American I ever met who listened well. And there's a lot you don't even have to tell him." In Beirut a P.L.O. statement declared that Young was coerced into resigning, a tactic that "represents the ugliest form of mental terrorism and racist persecution." Israeli officials studiously avoided comment. But in Bonn, a high-ranking official said that Young "typified the Carter Administration's amateurism...
...spread a financial virus of unwanted dollars to the economies of the nation's trading partners, turning the once mighty greenback into the sick man of international finance. Since 1970, some $650 billion has piled up in so-called Eurodollar accounts in banks overseas, and the threat is ever present that holders might stampede to sell their dollars. Since 1971, minipanics have led to the collapse of worldwide fixed exchange rates against the dollar, the slide of the dollar against gold and other precious metals, and the progressive disintegration of global confidence in the dollar itself...
...deficit only once, in the midst of the Depression, in 1935. Yet since 1971, the combination of low productivity and high inflation has reduced both the supply and the competitiveness of U.S. products. Consequently, export growth has been sluggish, and foreign goods have poured into the U.S. at an ever increasing rate. Coupled with the nation's increasing dependence on foreign oil, this has meant that the U.S. has managed to eke out a trade surplus only twice since 1971, running up a cumulative deficit of $59 billion in those years...
...Popes by doctrine are blessed with papal infallibility, but John Paul II appears to be the first who also possesses papal infantability. Certainly no predecessor within memory ever demonstrated the talent for baby kissing that the new Pontiff has displayed. During Vatican audiences and on his travels to Mexico and his native Poland, the sequence has been the same: John Paul reaches into the throng, expertly hefts a baby, and with arms burly from swimming and skiing, hoists the child overhead before bestowing a papal buss. Vatican aides are discomfited by the innovation, which slows processions and complicates protocol...
There are moments when Didion overdoes her performance of journalism-as-nervous-breakdown. "I was in fact as sick as I have ever been when I was writing 'Slouching Towards Bethlehem,' " she wrote about the title piece of her brilliant 1968 collection. "The pain kept me awake at night and so for twenty and twenty-one hours a day I drank gin-and-hot-water to blunt the pain and took Dexedrine to blunt the gin and wrote the piece." Her new collection of magazine articles, The White Album, contains a disagreeably calculated column she wrote for LIFE...