Word: importent
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...nearly 30 years had a Democratic Congress overridden a Democratic President's veto.* Still, that was exactly what happened to President Carter's $10 billion oil-import tax last week. The levy, which would have cost the U.S. motorist 10? per gal., was first rejected by huge margins in both houses. So when Carter carried out his threatened veto, the House did not even debate it. It immediately voted to override the President's veto by an embarrassing 335 to 34. From Republican Strategist Robert E. Bauman of Maryland came a victorious yell: "Yahoo!" Next...
There was a time when Americans took pride in producing the best. Inflated wage demands, declining productivity, poor corporate planning and lack of quality are responsible for the American auto industry's present difficulties. Taking a sledgehammer to a superior foreign import or pushing for higher tariffs and increased quotas will do nothing for declining American auto sales. What the American people want is a quality product at a reasonable price. Let us strive once again to take pride in the stamp MADE IN THE U.S.A...
...automen admitted that tax incentives and other federal aids will be slow in coming. None expects any of the emission and safety standards changes that they have been demanding. Imports are a tougher issue. While the President agreed to raise the trade problem with the Japanese at the Western economic summit meeting next month, the auto executives doubt he will do much beyond jawboning. The reason: import restrictions would mean higher-priced small cars and raise the flame under U.S. inflation. But the industry appeared at least reassured that the Administration has finally recognized trade as an issue...
...flesh. In some ways, the shapes of Marie-Thérèse, smooth and closed, are like the totemic bone forms of Picasso's grotesque anatomies of the '30s, the projects for immense figure-based sculptures that he fantasized building along the Côte d'Azur. But their whole import is different. There is no dislocation or fear in them: they are, as William Blake put it, "the lineaments of gratified desire." The climate of sexual politics has changed so irreversibly in the past 50 years that one cannot imagine a painter trying such images today. In that sense, Picasso closed...
...dates back to the first 1973-74 OPEC oil price increases, and attempts to equalize the cost of crude to all oil refiners. Firms buying cheap domestic oil are taxed a certain amount for being "entitled" to acquire inexpensive crude. That money is then given back to refiners who import expensive OPEC oil and to refiners who use expensive uncontrolled domestic oil. The program, in effect, subsidizes imported oil at a time when official Government policy is to discourage imports. Though North Slope oil is domestic, the cost of building and operating the Alaska pipeline makes the crude relatively expensive...