Word: flow
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Dates: during 1960-1969
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...87th Congress began its sessions last week, liberal Democrats were ready for a finish fight to open the sluice gates controlled by the House Rules Committee and permit the free flow of liberal legislation to the floor. The liberal pressure bloc (which coyly masquerades under the name Democratic Study Group) had fought the committee before, and had always lost. This time, they were much better prepared and organized, and the political climate was favorable. They had the unspoken support of President-elect Kennedy, whose own legislative program was menaced by the Rules Committee bottleneck. And counting noses, they seemed...
...giving power to the President to extend the reduction through the end of 1962. Bucking the liberals' demands for easier money, Samuelson held firm against broadly lower interest rates (but urged a 4½% maximum on mortgages to stimulate housing), lest even more gold flow out to countries where rates are attractively high. With that said, he did a reverse on Eisenhower Administration monetary policy, which is disciplined by the realities of the gold drain and competitive world trade: "It is unthinkable that a responsible Administration can give up its militant efforts toward domestic recovery because of the limitations...
...disapproving finger at the U.S. - not merely because of competition or the inevitable abrasive rub between adjoining economies. The complaint is that the U.S. controls Canada's economic destiny and holds it back. Long uneasy over the extent of U.S. ownership of Canadian industry and the southward flow of the rewards (60% of all Canadian corporate dividends are paid to foreign investors), Canadians now argue that the U.S. saps Canada's strength, preventing the necessary industrialization for its rising population. At the head of the chorus stands Canada's Prime Minister John Diefenbaker, crying: "The degree...
...year-end emergency budget, which promised a boost for Canadian business at the expense of U.S. capital investors. To Canadian enterprises went $60 million worth of tax concessions designed to prime Canadian investment at home; to foreign stock and bond holders went a heavy 15% tax on the flow of dividends and capital, designed to inhibit the capital inflow from...
...proteins and fats are burned off, and the cholesterol is left behind. As cholesterol piles up, it narrows, irritates and damages the artery, encouraging formation of calcium deposits and slowing circulation. Eventually, says Keys, one of two things happens. A clot forms at the site, seals off the flow of blood to the heart and provokes a heart attack. Or (more commonly, thinks Keys) the deposits themselves get so big that they choke off the artery's flow to the point that an infarct occurs: the heart muscle is suffocated, cells supplied by the artery die, and the heart...