Word: forde
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...will have difficulties selling goods to struggling oil-producing countries. Even so, European countries are poised for a quick takeoff. "There should be no major downside risks for Europe, since they are not significant producers of oil," observes Alan Greenspan, chairman of the Council of Economic Advisers under President Ford. Europeans, who have historically paid higher gasoline prices than have Americans, cheer the oil slide as if it were a sporting event with the home team winning. OIL REACHES PREHISTORIC PRICES, exulted Spain's financial daily Cinco Dias...
Another backstop against an OPEC-induced shortage is the strategic petroleum reserve started in 1975 by President Ford. By the end of May, the U.S. will have filled a series of hollow salt domes in Louisiana with about 500 million bbl., enough to meet U.S. oil-import needs for 100 days. The Reagan Administration has proposed stopping short of the final goal, 120 days' worth, as a way of cutting the federal deficit. But at these oil prices, the Administration is now thinking of continuing to stock up before the discount binge ends...
...making both arsenals less dependable. "If there are doubts about reliability," explains former Arms Control and Disarmament Agency Director Paul Warnke, "then any tendency toward first strike on either side is diminished." In a Council on Foreign Relations study released last week, a group of authors, including President Ford's National Security Adviser Brent Scowcroft and his Defense Secretary James Schlesinger, state that a ban could make "a significant contribution to slowing nuclear proliferation." Proponents also argue that it would be to America's strategic advantage, since the Soviets are behind the U.S. in warhead sophistication. Says Richard Garwin...
Frederick Muzi, owner of the Muzi Ford dealership and a member of Hyatt's campaign committee, said yesterday that he had known Hyatt since working with him for tax-cutting legislation in 1974. Muzi said he would continue to support the candidate, whom he described as "a very stable person, both feet on the ground, very neat, very articulate." He added that "from what I have known of Greg Hyatt, everything points in another direction...
...slap at Gaddafi deter or stimulate further terrorism? The Administration believes that its response will induce Gaddafi to be cautious. "If people know they are likely to get clobbered if they act up, they are likely to think twice about it," said Brent Scowcroft, National Security Adviser under Gerald Ford. But Gaddafi was hardly clobbered this time around. He has vowed, and there is no reason to disbelieve him, that he will continue his war against the U.S. in an arena in which the Sixth Fleet cannot sail --that of international terror. Indeed, according to intelligence $ officials, his involvement with...