Word: hammerism
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When it comes to buying, the Pentagon can be an easy mark, as demonstrated by the payment of $435 for an ordinary claw hammer that Navy auditors discovered last year. But it was revealed last week that the fleecing of defense is not limited to the buy side: the opportunity to make dubious deals also extends to the sale of military "surplus...
...both fun and profit, Armand Hammer, 86, diversified his legendary business acumen into Arabian horses five years ago. The two top stallions of his 94-horse stable are the U.S.S.R.'s Pesniar and Poland's El Paso, both plucked from behind the Iron Curtain with the Occidental Petroleum chairman's patented blend of bucks and brass. Poland's Wojciech Jaruzelski at first refused to sell El Paso, which he called "a national treasure," but a million dollars from Hammer helped change the Premier's mind. Hammer was in Florida last week for a show...
...groups met separately and together to discuss the city's problems and hammer out solutions to an array of city problems. The issues considered ranged from the school system and taxes, to urban renewal and improving police protection, to simply sprucing up the city's image away from that of a run-down industrial area...
...pushed through Congress in 1981, though a few of his supply-side supporters have raised philosophical objections. Democrats contend that the 1981 tax cuts went much too far and, combined with huge increases in military spending, are the principal reason for the huge deficit. During the campaign they will hammer on the theme that the deficit and interest rates are "ticking time bombs" set to blow up under the economy, in the words of Walter Heller, former economic adviser to Presidents Kennedy and Johnson...
...Some of the people who call in get a certain exhibitionistic satisfaction from the byplay," Levine says. "Others, more neurotic, have a masochistic tendency to be attacked, to feel self-righteous and ignored." Chicago Psychiatrist Jeffrey Hammer suggests that some callers may see in the talk-show host a surrogate father. The host, says Hammer, "takes the position that he knows better. And what do children do? Try to knock father over...