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Published calculations that U .S. gasoline profits have jumped from $20 million to $40 million per day since last January make many Americans understandably wonder why prices keep going up. Some persist in believing there is a scheme among the big oil companies to hoard supplies and make a killing at the expense of the consumer, but there is no evidence of that. The basic cause of rising prices is OPEC price fixing, compounded by the intricacies of Government regulation all the way from the wellhead to the pump...

Author: /time Magazine | Title: Nation: How Gas Prices Got That Way | 7/9/1979 | See Source »

...forming, and anyone reluctant to join may not get his share. Says Detroit Psychologist Philip Owen: "If an individual sees a line, he's apt to get into it, even if he doesn't know what it's for." Social pressures against overbuying disappear; everyone can hoard in good conscience.' One refrain dates back to World War II: "I'm just stocking up before the hoarders get here...

Author: /time Magazine | Title: Behavior: Hoarding Days | 6/18/1979 | See Source »

...describing the Reform Baptists' secret activities, Vins tells of a remarkable mobile publishing operation known as Khristianin (the Christian), that roams the country, turning out thousands of Bibles and pamphlets. Local Baptists gradually buy up paper and hoard it until a ton or more has been collected in one place. Then they call on one of their printing teams, which arrives with a special offset press that can be dismantled and carried in several suitcases. Since the Soviets permit no teaching seminaries for Protestants, the Reformers also run a Bible correspondence school, as well as an organization that seeks...

Author: /time Magazine | Title: Religion: Submission to God Alone | 5/21/1979 | See Source »

Then, too, much information crucial to the personal and social decisions of citizens is methodically hidden or withheld. The scientific world has always tended to hoard lore on work in progress, and the Government's customary secrecy in military matters, intelligence and foreign affairs has spread to many parts of the bureaucratic and corporate spheres. The clandestine spirit that properly cloaked the devising of atomic weapons inevitably carried over to veil the development of nuclear power for civilian purposes...

Author: /time Magazine | Title: Time Essay: A New Distrust of the Experts | 5/14/1979 | See Source »

Stories about shabby beggars who hoard secret fortunes are commonplace enough, but Eddie the Monkey Man, who died in his sleep last month at the age of 79, was unique. The son of a Jewish immigrant peddler in Pensacola, Fla., Eddie Bernstein lost both legs at the age of twelve when a train ran over him. He began riding around in a goat cart, selling newspapers. In the mid-'30s, he left the Depression-ridden South and moved to Washington, D.C., where he established himself on a wooden platform on F Street between 12th and 13th Streets. He joked...

Author: /time Magazine | Title: Americana: The Monkey Man | 3/12/1979 | See Source »

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