Word: fractionated
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Dates: during 1970-1979
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...United States attack the oil producing nations for economic "strangulation" when the U.S. and European business interests have been strangling the Mideast for decades--taking billions of dollars of petroleum wealth for a fraction of its value? American concern for a "fair price" did not stop the Central Intelligence Agency from helping to overthrow an Iranian government that tried to obtain one. The U.S. has also supported and encouraged the dictatorial regimes of the Arab sheikdoms. U.S. economic interests have combined with the autocratic political interests of the Arab rulers to ensure that the Mideast would remain a land...
...Libya, Kuwait, Abu Dhabi, Dubai and Qatar?are collecting far more money than they can possibly spend. These six, embracing only 9.3 million people, earned $54.7 billion from oil last year. For all their industrialization and social welfare, their military and foreign aid, they can dispose of only a fraction of that total, leaving a combined surplus of $38 billion...
...subterranean society of professional crime, the fence is an economic necessity. Godfather to rip-off artists ranging from truck hijackers to snatch-and-grab junkies, the fence buys their "swag" (stolen goods) for a fraction of its value and unloads it swiftly at slightly below wholesale to respectable folks eager for a bargain. Though he is the underworld's most visible agent, the fence has generally escaped the scrutiny of journalists, cameras and sociologists. Until recently, that is. In The Professional Fence (Free Press; $8.95), Sociologist Carl B. Klockars offers the latest word on the ancient practice of selling...
Whatever Lippmann's gaffes, they were but a small fraction of the 10 million words he committed to print. His column was ultimately syndicated in more than 200 papers; it brought him wealth, honors and worldwide fame. His lean, dignified presence was another of Washington's monuments. An invitation to the home he and his vivacious wife Helen had on Woodley Road, near the National Cathedral, was a command performance (Mrs. Lippmann died in February). Lippmann-called "the autocrat of the dinner table" by awed guests-would lead evening companions through Socratic questions on an encyclopedic range...
Frimbo, at his polemic best, reasons that for a fraction of the money...