Word: majority
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Dates: during 1970-1979
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...survival, it will have to depend on nothing more solid than the grudging abstention of Bettino Craxi's unpredictable Socialists. It will also have to contend with the opposition of Enrico Berlinguer's still powerful Communists. As a result, Cossiga hardly is in a position to make major decisions to deal with Italy's daunting problems of 15% inflation, 7% unemployment and nearly chronic terrorism...
Questions about whether a quick federal fix is right-and will be enough The Carter Administration decided last week that now was the time to come to the aid of the nation's most beleaguered major company. After weeks of rising pressure for a federal fix for the multiplying problems of Chrysler Corp., Treasury Secretary G. William Miller produced-and Jimmy Carter approved -a Government bailout. It was designed to prevent the nation's No. 3 automaker (1978 sales: $13.6 billion) from sliding into a bankruptcy that could have put many thousands out of work and sent...
...sell off some more operations. Its small marine products division, which makes outboard motors and boats, and its 15% investment in France's Peugeot could well go on the block. The company may also sell one or more of its U.S. engine or transmission plants to a major importer like Volkswagen or Japan's Honda and work out a deal for Chrysler to buy back some of the production. In sum, the company will have to accept a reduced role in the auto market...
Supporters of aid argue with passion that the U.S. cannot afford the failure of a company that is the nation's tenth largest manufacturer, its biggest builder of military tanks and one of only three major domestic competitors in its supremely important automotive industry. A Congressional Budget Office study concluded last week that a complete Chrysler shutdown would cost 360,000 workers their jobs immediately, and that ripple effects throughout the economy could throw an equal number out of work...
...Yankelovich, Skelly and White poll of the general public, judges, lawyers and community leaders last year ranked public confidence in state and local courts below many other major American institutions, including the medical profession, police, business and public schools. Too much law, too many lawsuits and too many lawyers have all combined to overwork the judicial machinery. But the final responsibility for the courts rests with the people who run them: the 28,000 state and local judges, 1,083 federal administrative law judges who hear disputed claims brought to the regulatory agencies, and nearly 700 federal judges charged with...