Word: nadir
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...painful for a Monty Python fan like myself to continue describing the nadir of its enorts. When only a couple of the group's albums were available and the first TV shows went on the American air, it seemed as if the group's standards were pretty high. Now even the dregs are being shown on TV. distributed to movie theaters, put on new records, and even printed in books (incidentally, these books--Monty Python's Big Red Book and Papperbok--are not abysmal but contain only a few new things, and these items are really only likely to amuse...
America is now at its nadir, but we did not realize that even with your Watergate experience you could once more plumb such depths of mendacity and such hypocrisy. James Alexander Rentoul Howard Norman Oxford, England...
...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...