Word: fallout
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Some delegates fume at his hit-and-run habit of simply walking out of the Council or the General Assembly after delivering a tough speech and letting his deputies handle the fallout. On one such occasion, Moynihan started to stroll out of the Assembly when Saudi Arabia's voluble Ambassador Jamil Baroody was standing at the speaker's rostrum. "Come back, sit down, perhaps you may learn something," Baroody taunted. Moynihan came to an abrupt halt, wheeled around, sat down and peered up at Baroody with a look of exaggerated attention on his face...
...backyard fallout shelters and grade-school air-raid drills is mercifully bygone. But nuclear warfare is by no means implausible. Despite the existence of various accords, the race to accumulate atomic firepower proceeds...
...impact. City and local bonds everywhere are already facing higher interest rates, partly because of New York's condition. Should the city default, municipalities will have a hard time finding any investors at all. The chairman of the House Committee on Banking, Currency and Housing is worried about "lethal fallout on the rest of the country and the world." Even Arthur Burns, chairman of the Federal Reserve Board, recently admitted that default could trigger a recession...
...part, Trumania can be ascribed to nostalgia, the phenomenon that glamorizes everything in the rear-view mirror. But mostly it is the fallout from Watergate. After the chilling scandals of the Nixon regime, the little ex-haberdasher from Missouri seems fit for Mount Rushmore. Of recent Presidents, only Truman and Dwight Eisenhower (whom H.S.T. resented) were able to retire from office with their reputations largely intact. Yet Truman never wasted a second polishing his image. He actively campaigned for Adlai Stevenson as the man to succeed him as Democratic standard bearer-but grumbled that the Hamlet-like Illinois Governor...
...well. Gorshkov, whose code name during the exercise was "Seagull," observed it aboard a warship in the Barents Sea, along with Soviet Defense Minister Andrei Grechko. They obviously meant to impress the Politburo as well as the West with the capability and reach of Soviet forces. One fallout from the first Okean exercise, for instance, was the decision to upgrade the Soviet carrier forces. Their third and most sophisticated carrier, the 35,000-ton Kiev, is now outfitting in the Black Sea port of Nikolayev and will undergo sea trials this summer...