Word: fording
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Dates: during 1970-1979
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...catch as a mist--a mist that carries lethal contagion." On Vice President Richard Nixon: "In politics this quiet young man is a killer....He is out for the kill and the scalp at any cost." On 1968 presidential candidate George Wallace: "the hillbilly Hitler." On Rep. Gerald Ford (R.-Mich) in 1966: "not overbright...
From New York, Reagan flew into heavily Democratic territory in Boston's blue-collar Dorchester section. He was greeted warmly at an electrical workers union hall by 500 people waving placards (SINK WITH TED: SWIM WITH RON and southie for reagan). Reagan left Massachusetts to Ford without a fight in 1976; he intends to slug it out there this year, even though the hard-working Bush seems much better organized in the state than any other G.O.P. candidate...
...Henry Ford II turned down the job, as did Reginald Jones, chairman of General Electric Co., Jane Cahill Pfeiffer, chairman of NBC, and a dozen other captains of American industry and business. But last week Jimmy Carter finally found a nominee to succeed Juanita Kreps as Secretary of Commerce. His choice: Philip M. Klutznick, 72, a multimillionaire Chicago real estate developer. Said Klutznick: "I can't say I sought the job, but considering the problems that we face in the economic field, it's not easy to say no to the President...
...most shocking news comes from Ford Motor's upper reaches, where glum executives are circulating a confidential memo projecting that the firm will lose just over $1 billion on its North American auto operations this year and probably the same in 1980. The estimated losses had been raised by $160 million in just the past few weeks. Ford will stay in the black only because of its healthy foreign and nonautomotive business, but in the auto trade at home, it is losing almost as much as Chrysler...
...memo suggests that Ford might increase profits by loading well-selling models like the subcompact Fiesta and Courier minitruck with expensive options that customers would be forced to accept, and putting on less costly tires. Ford is also attacking internal costs by cutting executive business travel by 50% and symbolically dropping free coffee at company business events and eliminating all magazine subscriptions...