Word: nadir
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Dates: during 1970-1979
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...twenty years since Edward Steichen's famous exhibition of The Family of Man marked the nadir of a naive photojournalism: the show's enormous worldwide success in the 1950s was just as much a tribute to the acceptability and comprehensibility of photography as a journalistic medium which Life, etc. had build up as it was a tribute to the quality of the pictures. That sort of photojournalism is no longer vital: When The Family of Man approach to photography burnt itself out when it (visually, if not politically) realized its own propnecy. The mass medias's quest for speed...
...last week. Wholesale prices leaped a frightening 3.9% in August alone, the second biggest one-month rise in 28 years. On top of a 3.7% surge in July, it was a sure omen of more explosive inflation in consumer prices. The news sent the stock market reeling to its nadir since November 1962. Meanwhile, economic activity continues to decline. Production in the nation's factories and mines dropped .4% in August; industrial production is now almost 2% lower than last October, when the Arab oil embargo started...
Strategy. That AMC has positioned itself to be there is largely the work of Luneburg and Chairman Roy D. Chapin Jr., who took over when AMC hit its nadir in 1967 (loss that year: $76 million). They adopted a strategy of doing everything a bit differently from the Big Three. The most important decision was to concentrate on small cars, rather than offer a wide range of autos. "You capitalize on your strengths," explains Luneburg. "We are not shooting with a shotgun. We are shooting with a rifle...
...everybody listening to Nixon? Time after time he has proven himself untrustworthy, and time after time experience has proven that the initial impulse to laugh (or moan, or vomit) upon hearing his speeches is justified. Yet, at the very nadir of his notorious credibility, when all logic would suggest that the man should be ignored, people are not only listening--they are believing and obeying. Could this just be a case where Nixon happens to be right, that one proverbial exception that underlines the rule...
John Kennedy once said that the news conference puts "the President in the bull's-eye." Richard Nixon so thoroughly agrees that he has held fewer news sessions than any of his recent predecessors. Now when he is close to the nadir of his popularity as President, Nixon is not only braving the arrows but deftly turning news conferences to his advantage...