Word: excessive
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Dates: during 1960-1969
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...crowd, destruction, self-immolation. Everything that can be is hurled around: swords, daggers, axes, lances, jars, tools, etc. Some, frenzied, fall upon swords; others leap into the fire, then streak burning across the stage. An orgy of sexual excess. A naked youth darts forward, seizes a girl, rips the clothes from her. Many men do likewise, stripping themselves, stripping women, bearing them...
...shift is due to a combination of outside forces. Investors are uncertain about Viet Nam and its effect on the economy; they worry over inflation, wonder about possible tax increases, fret, at least along Wall Street, about renewed rumors that the Government contemplates an excess-profits tax similar to that imposed on industry during the Korean War. And if only because of their uncertainty, they are starting to lay off stocks that even though presumably solid are still relatively cheap and considered to be speculative. At the old year's end and the new year's start...
Soon after New Year's, Johnson will have to decide whether to 1) stall, 2) ask Congress to erase all or part of the income tax reductions for which he battled last year, 3) seek new revenues from excess profit taxes and imposts on luxuries (as Harry Truman did to finance the Korean War) or 4) try a relatively painless palliative such as increasing the amount of income tax withheld from paychecks or accelerating corporate tax payments. Whatever the solution, catching up with the rabbit may not be the easiest of encounters for Lyndon Johnson...
Charles Sims, the man, lives up to his press clippings. He is underworldly, too brazenly intimidating to be called sinister. He has beady eyes. He sneers humorlessly, through a gap in his gums where two teeth used to be. He is paunchy, but the excess bulk only adds to the overall projection of power. Somehow, one feels, that must be muscle bulging over his belt...
Europe's chances of utilizing excess capacity by selling elsewhere in the world are meager. Emerging steel industries in other areas are helping to pour out an estimated world total of 17 million tons more than markets will require. Though European exports to the U.S. have increased 11%, Europe banked on a U.S. steel strike this fall to raise that total considerably and help work off its excess. The strike, of course, never materialized...