Word: fiascoes
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Dates: during 1980-1989
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...Holland are secretly Soviet-supported and financed. America has, rightly or wrongly, singled out Holland as the leader of this apparent 'revolt', but she is a leader without support. Important loans and industrial contracts have been held up and the Dutch are powerless to respond. As with the Chinese fiasco, the Dutch, because of diplomatic shortsightedness, have been placed in a damaging predicament now beyond their control...
...confusing development. A Columbia scribe in the press box explained: "Cory kicks straight on and Lovric kicks soccer style. So they bring in Lovric for the long ones because he has the distance, while Cory has short-range accuracy." Laughter had to be suppressed, as Cory's 18-yd. fiasco--a mere chip shot--was remembered...
...McNeils' attack, so long after the events that had turned them into enemies of Hugel's, fueled suspicions that it may have been instigated by Hugel's CIA foes. When Hugel promptly resigned, his mentor, Casey, suddenly looked vulnerable too. Goldwater, in particular, saw the Hugel fiasco as reason enough to replace Casey for having chosen a misfit for the sensitive...
Congress gave Clinch River the go-ahead despite mounting evidence that the reactor is an unnecessary and colossally mismanaged boondoggle-and potentially dangerous as well. Four days before the House vote, an Oversight and Investigations Subcommittee staff issued an excoriating report on the project subtitled "A Cost and Technical Fiasco." The report cited well-known problems, like Clinch River's increase in cost from $669 million in 1973 to at least $3.2 billion, and raised again questions about the adequacy of the reactor's safety mechanisms...
...large trade deficit. But the last time a Mexican government undertook a major devaluation, in 1976, billions of dollars fled the country, inflation surged to an annual rate of more than 50% and economic growth came to a halt. No Mexican government wants a repeat of the 1976 devaluation fiasco...