Word: interests
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Dates: during 1960-1969
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...East as a "powder keg," needing only the tiniest spark to explode. Last week, however, Washington viewed the current situation coolly, and the State Department said merely that it was counseling "restraint" to both sides. Moscow made no comment publicly, but U.S. diplomats believe that the Soviets have no interest in escalating hostilities and risking a fresh beating for their Arab clients at the hands of the Israelis (see box following page). The Russians, accordingly, are warning Nasser & Co. to be cautious...
...advantages of an inquest is that a judge presides over it; the prosecutor alone conducts a grand jury. The secrecy of a grand jury, however, might better protect the interests of those called to testify in a case that, like Kennedy's, attracts wide public interest. Judge Boyle has decided to open the inquest to newsmen, which is his choice under Massachusetts...
...July for leaving the scene of an accident, saying at the time that Kennedy "has already been and will continue to be punished far beyond anything this court can impose." That statement suggests sympathy for Kennedy's predicament, but the judge also seems to recognize a public interest in uncovering more details of the accident. He has declared it essential that Kennedy testify, and said that he would subpoena the Senator if need...
...much cash to invest that their new tactics can have an enormous effect on the economy. Last year, life insurance companies alone had over $17 billion of new money to invest, or almost 14% of gross private investment. To investors who have been accustomed to getting only an interest return on loans, says Washington Economist Miles Colean, "an exposure to equities is like the taste of blood to a young lion." The insurance industry's new look may have an even greater impact on the stock market. If insurers could sell mutual-fund shares to all their 132 million...
...agreement had to be established with the private groups to be affected by federal policies. But beyond that, Lowi says, liberals have been the prisoners of a pluralistic theory that has become almost an article of faith in the U.S.: the belief that out of the clash of special interest groups emerges the common interest. This pluralism has been cast in various disguises. It has been called countervailing power, creative federalism, partnership and participatory democracy, though this last phrase has also been appropriated by the New Left as a call for a politics of direct action. By whatever name, writes...