Word: fatted
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Dates: during 1970-1979
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...from the summit overlooking the harbor, there is a stunning view of cold, moonlit mountains bending down to a deep bowl of dark water: Valdez Harbor, Alaska, the end of the endlessly fought-over trans-Alaska pipeline. Far below sits a cluster of saucer-shaped storage tanks. Pairs of fat aluminum pipes stretch toward shipping berths 500 yds. out from shore at the tip of long, brightly lit piers. At one berth, the black shape of a tanker lies like a beached whale being fed intravenously. The tanker is hooked to four hydraulically powered feeder lines. All night long...
...what a Capitol Hill observer calls "one of the legislative surprises of the year," Wisconsin's Republican Congressman William Steiger has mustered astonishing support for a proposal to cut the capital-gains tax from a maximum rate of 49% to 25%. Though the Administration dismisses it as a "fat cat" proposal, Steiger's measure has won endorsement from 61 Senators and, in the name of job creation, from none other than AFL-CIO Leader George Meany. Steiger had been talking of settling for a new ceiling of 35%, but in the wake of Proposition 13, he may well revert...
...dusk deepened, the woman did not turn on the light but sat looking at the television screen. Their set had a special channel for watching the colony playground. The silent black-and-white image revealed her son balancing himself on a tree trunk, while his fat friend kept falling off; except for the two of them, the playground was forsaken. The woman's eyes glistened with tears...
...maximum rate to 35%. Meanwhile, the whole episode has shown politicians once again how deeply Americans have come to resent taxes. Says Richard Rahn, executive director of the American Council for Capital Formation, a lobbying group for lowering capital-gains rates: "Support for Steiger is coming not from the fat cats but from middle-income people yelling 'I want a chance to make it!' The fat cat can protect his income. But the middle-income guy who still dreams of some day making it wants to know he can do it big." Whether those dreams are realistic or not, Bill...
...There is nothing as cheaply obvious as a singer directing his eyes and gestures solely to the camera and ignoring the audience. The atmosphere of the film is suffused with an inescapable sense of heady profiteering--remember, boys, this one's a wrap, and don't forget about the fat triple-album that we'll release along with a massive publicity campaign the week the film opens...