Word: fears
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Dates: during 1950-1959
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...Fear of hard-boiled Hoffa was evident in the behavior of witnesses called to testify about a $17,500 payoff that Detroit laundry operators handed over in 1949 to avert a threatened strike of Teamster truck drivers. Committee investigators had scraped up some persuasive evidence that at least $10,000 of the payoff had found its way to Jimmy Hoffa. Under questioning, Hoffa conceded that he got $10,000 in "loans" from the bagmen who collected from the laundrymen. but beyond that, his memory failed him. He could not recall any details about repaying the loans, nor could he produce...
...bets, and we are fortunate to win some money." Asked whether he had any records of the racehorse winnings, Hoffa said that his betting partner, Teamster Vice President Owen B. Brennan, kept the records. Called to the witness chair, Brennan avoided Hoffa's testimony, refusing to testify for fear of selfincrimination. Growled Chairman McClellan: "Is the taking of the Fifth Amendment one of the prerequisite qualifications for advancement [in the Teamsters]?" On his lawyer's signal, Brennan took the Fifth again...
...fall sick and become a burden, or contaminate them. We know now how lepers feel." In a public-opinion poll, 40% of Japanese questioned said they would not marry a bomb survivor; 80% of those who would said they would refuse to have children. But the most gnawing fear of the survivors was expressed by one of them: "Each morning when I wake up, the nightmare recommences. How do I feel? If I find that I am even the slightest bit tired, then I imagine that the dread onset of 'lethargy' has begun...
...entering the working force (55,000 in July alone) and heavy rains curtailed farm and construction activities in many parts of the country, the jobless total of 5,294,000 was up from June to 7.3% of the working force, v. 7.5% in the April recession peak. Most economists fear that the total will remain high for months. Just as production drops off faster than employment when a recession begins, so employment recovers more slowly as a recession peters out, largely because of recession-time economies and technological advances that lessen the demand for workers...
What has pushed the market up, in the eyes of most Wall Streeters, is not easier credit but the fear of a new burst of inflation. Many a Wall Streeter shares the Fed's worry, feeling that anxiety over inflation has lifted stock prices too quickly on the basis of current earnings. This has caused a sharp change in the "spread"-the difference between stock and bond yields. As stock prices have risen, bonds have dropped (see below); while the return on blue chips has fallen to 3.8%, the best bonds now yield more than 4%. In the past...