Word: headlong
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Dates: during 1970-1979
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...their final sock-it-to-'em meeting of the decade, there will be some important and worrisome differences from past gatherings. OPEC will be fixing prices against a backdrop of almost unprecedented global upset brought on in large part by its own actions. More than that, in its headlong rush for profits, the 13-nation cartel has been rapidly losing even the appearance of self-control over pricing and production...
...when the last recession was pushing the nation into its steepest economic slide since the Great Depression. The very next day, as worried investors around the country hurried to unload their falling stocks, a record 81.6 million shares were sold off on the Big Board in such a headlong rush that the ticker tape reporting transactions and prices fell as much as 63 minutes behind the pace of trading. "This thing is feeding on itself," fretted William LeFevre, vice president at one Wall Street brokerage house. "Each decline triggers another batch of people who have to sell...
...borrowing and spending. Through the first half of 1979, business was actually slowing somewhat as a result of bad winter weather and the gasoline squeeze, which together put a crimp in consumer purchasing. The Fed even began to fear that its seemingly draconian interest rates were pushing the economy headlong into recession...
...many facts, to the point that he cannot finally make a decision with vision and conviction. He may be searching for a mid dle way, the pathway of the healer. But it may be time now to move beyond that phase and take a road that will collide headlong with noisy minority interests. The late, infamous Jimmy Hoffa, prodded once about truth's being "somewhere in between," answered contemptuously and correctly, "The truth is where it's at." Leadership, too, is where it's at, and not necessarily in the middle...
...atomic plants were necessary to cope with the energy crisis, were wavering. One was Arizona Congressman Morris Udall, chairman of the House Committee on Interior and Insular Affairs, which must approve parts of any Carter energy package. Said Udall after the Three Mile Island accident: "We may have rushed headlong into a dangerous technology without sufficient understanding of the pitfalls." Both Udall and Alaska Senator Mike Gravel demanded an outright moratorium on all new nuclear power plants...