Word: feds
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Dates: during 1960-1969
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...capitalist-magnate, dictator, and idol of millions. His face beams down on cheering throngs from billboards and placards. Everywhere he is trailed by admiring troops and adoring women. Yet Ambrosia is only the infantile country of William Steig's "Dreams of Glory." Clearly, Billy's imagination has been spoon-fed and molded from childhood by radio, telly, and newsreels: it is, alack, the imagination of his whole generation--as trite and enfeebled as the bourgeois lives around him. Chained in Alger-like dreams of limitless possibility, Billy never learns this fatal secret...
...liquid dripping from the broken bottles, said Jack Newby, driver of the soft-drink truck, he was seized with a terrible fear that his gasoline tanks had ruptured. The dripping recalled a wreck he had witnessed years before, when he watched two people burn to death in a fire fed by gasoline. As a result of his fright in the cab of his truck, Newby sank into a fearful, suspicious, irritable state that psychiatrists recognized as psychotic. Claiming that he was unable to work, he sued the other trucking company...
What had gone wrong? Despite its vaunted reputation, the city's actual racial progress had long been bogged down in tokenism-and militant young Negroes finally got fed up. When respected Negro Attorney A. T. Walden, 78, co-chairman of an Atlanta Summit Leadership Conference of nine civil rights groups, tried to negotiate with the city's white hotel and restaurant owners and seemed to be getting nowhere, the younger Negroes took the matter out of his hands...
...matter how much you love a woman, the time comes when you don't want to sleep with her. ... But how are you going to manage it? You can't say to your wife, Darling, I'm fed up with you--I know your body too well--the toes, the knees, the flanks, the moles, the hollows under the clavicles, the asymmetrical arrangement of your breasts, the pink patch of eczema on your side. . . . Who knows, one fine night ... everything might suddenly become beautiful and strange once more. You would be a stranger...
Patman charged that the Federal Reserve has already contributed to high unemployment by restricting the flow of money, fears that the Fed will further tighten up this year. If the tax cut proves to be too great a stimulus to the economy, the Fed may have to do just that. The betting in many business circles is that after the tax cut passes, the discount rate will be raised from 3.5% to 4%-which would make commercial loan money more expensive to come by. But Johnson is an easy-money man, and he has a chance to moderate any tight...