Word: inking
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Dates: during 1970-1979
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...which billed itself rather improbably as "a cultural, scientific and sociological publication." Yet even though Nakata had the printers take an air brush to some of the more explicit photographs, Japanese officialdom was outraged. First, customs authorities forced Nakata to have 37 "undesirable" spots in each copy daubed with ink before they would allow the magazine into the country. Then the Tokyo police confiscated the magazine and indicted Nakata on charges that it was "damaging to the sanctity of decent home life in Japan." He is now on trial...
...loan demand that accompanies a business surge will put upward pressure on mortgage, consumer credit and some other interest rates. In addition the Treasury will have to begin borrowing heavily by late summer to finance a growing federal deficit. It is now estimated that the Treasury's red ink for fiscal '73 could reach $35 billion, v. $23 billion last year...
...sometimes explode with the heat. (Better that they explode under your napkin than in your face, or worse still, your stomach). Once cooled they are a startling and tender delicacy. The bmiled mushrooms ($.90) and broiled ham and artichoke hearts ($1.35) are always delicious. They squid cooked in its ink ($1.00) is exotic, but the black ink has a chalky texture and makes for spooky teeth. Soups, hors d'oeuvres and omlettes are the Iruna's forte: one could make a meal of them alone...
From $50 billion to $70 billion are now sloshing around the world as a result of chronic U.S. balance of payments deficits. Since last August, when President Nixon froze U.S. gold reserves, foreigners have been barred from exchanging any of this paper for bullion. Washington's international red ink is still gushing; so far this year the U.S. deficit in trade alone is $2.7 billion -more than all of last year, when the nation posted its first trade deficit in the 20th century...
...margin for miscalculation is perilously thin. A study by predominantly Democratic economists at the Brookings Institution concluded that by fiscal 1975, President Nixon's existing and proposed programs would produce a deficit of $17 billion, even if the economy was operating at full employment. So much red ink in a fully employed economy could be grossly inflationary. A rise in living costs could quickly make necessary an income of more than $4,000 to pull an urban family of four out of poverty...