Word: fiascoes
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Dates: during 1960-1969
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There was a lot for Kennedy to reflect about. For the second time since assuming office, he had passed through a crisis of decision. Both crises, not surprisingly, involved the use of presidential power. In the first-the Bay of Pigs fiasco in Cuba-Kennedy had failed to use the power that was his to command. In the second-Big Steel-he had reacted instantly, instinctively, and converted potential power into dramatic, almost crushing force...
Just a year before, in the midst of his annual reception for the members of the Congress, Kennedy had learned that the U.S.-backed Cuba invasion had turned into a fiasco. Last week, on the date of Blough's White House visit, Kennedy was scheduled to greet the Congressmen again. Said he, with grim humor: "I'll never have another congressional reception...
...Pugwash conferences, and at numerous professional conventions; they know one another personally and by reputation. It would be ludicrous and somewhat repugnant for Mr. Zorin to accuse scientists of this stature of running errands for the C.I.A. Their intellectual honesty is as well known as the U-2 fiasco, and the world would give less credence to Soviet suspicions if they were directed at reputable scientists...
...contrast, the Edsel fiasco cost Ford Motor Co. about $200 million.) With the 1961 write-offs, the great bulk of G.D.'s jet transport losses had presumably been accounted for, and some Wall Streeters were predicting that the company might earn as much as $3.75 a share this year. But under the terms of a $135 million Prudential loan, which requires General Dynamics to make up past losses before it pays out any more cash dividends, shareholders can expect dividends only after future earnings "exceed
...were the three leading liberals in Texas: Henry B. Gonzalez and Maury Maverick, both of San Antonio, and Jim Wright of Fort Worth. Had two of the three declined to run, the other would have easily defeated both Blakeley and Tower. And the lesson was obvious. Since the Senate fiasco, the liberal foces have reunited; they plan closer co-operation and organization, and expect centralization to be the order for future state-wide contests. Exactly how effective this new attitude will be still remains to be tested, but certainly the effort is being made...