Word: latelys
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Dates: during 1970-1979
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...music of The Bells reflects the desolation of that face. Somewhere along the line, Reed seems to have decided that the minimal rock he pioneered with the velvet Underground in the late '60s-basic riffs repeated without elaboration on a rhythm guitar-was bankrupt as a musical form. He broadcast this decision with his rendition of the old Velvet Underground standard "We're Gonna Have a Real Good Time Together" on Street Hassle; he sang it virtually a cappella, with no guitar, no drums, nothing but a fuzzy electronic backup to signal that this was indeed, or had been, rock...
Blumenthal's forecast was not gloomy. Late in the week, the Business Council, a group of high-powered corporate chiefs, issued a prediction of a 9.5% inflation rate for the year, along with a "pronounced, although mild recession." But the Treasury Secretary's candor raised hackles at the White House, which is sticking with its inflation forecast despite much evidence that it is overly optimistic. During the first quarter the annualized rate hit a scary 13%. The Treasury chiefs frankness will surely increase resistance to the "voluntary" wage-price guidelines among both labor and business...
When Vance returned to Europe in late December for his ninth meeting with Gromyko on SALT, the suspense was heightened by Carter's surprise announcement less than a week before of the opening of diplomatic relations with China. Now that the famed China card was finally on the table, would the Soviets up the ante in SALT? Brzezinski said absolutely not. Vance and some of his advisers were not so sure...
...unhappy about the timing of Deng Xiaoping's (Teng Hsiao-p'ing) forthcoming visit to Washington in late January. They did not like the idea of Brezhnev preceding Deng and very likely being eclipsed by him. Therefore Gromyko might have been using these eleventh-hour wrangles over third-rate issues as a pretext to postpone the Carter-Brezhnev summit...
...force. But it also meant, if it were accepted, that the Russians would have less "freedom to mix" between land-based and submarine-launched MIRVs. Aaron and Hyland first sounded out the Soviets on the possibility of a MIRVed ICBM subceiling at a lunch in the Russian embassy in late August. The Russians were noncommittal but seemed interested...