Word: franked
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Dates: during 1970-1979
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State Rep. Barney Frank '61, a lecturer at the Kennedy School, advocated deregulation, saying that, "Unlike most businessmen, regulated truckers can get together in private and agree to fix their prices--they can get the ICC to keep most of their competitors from even getting into the business at all. We think that's very inflationary...
...Frank and his witnesses, including Sen. Edward M. Kennedy '54 --appearing from Washington, D.C. via a long range television hook-up--"argued that deregulation would inevitably lead to lower prices and increased efficiency in the trucking industry because of the increased competition...
...Frank McLaughlin is a master salesman. Some even said when he first arrived (in the fall of 1977) that he had missed his calling, that he should forget coaching and go make a mint in Arizona real estate or at a used-car dealership...
...staggered as it grew. Almost two years ago, the doctors decided the system needed a checkup. The results of that long-overdue examination--labelled A Public Trust--are not encouraging. Carnegie II, as it has been called, would never win any awards for bedside manner. Its conclusions are brutally frank...
...despite the commission's own findings that the noncommercial sector is "disproportionately needy." Only one of the commission's original 20 members comes directly from the radio industry. While advocating a growth of radio stations in the country, the commission fails to provide the needed funds. Edward Elson and Frank Mankiewicz, chairman and president of National Public Radio, respectively, have denounced Carnegie II for its strong financial biases...