Word: nationalizers
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Dates: during 1960-1969
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...United States nor the Soviet Union is free to simply send in a gunboat to sort out an awkwardness. Modern communications link the world so closely together that a raw display of power in Pyongyang, for example, may produce severe reverberations in Moscow almost instantly. In addition, even small nations today have enough firepower of their own to blow an unfriendly gunboat out of the water. And the bipolar alliances that arose from the ashes of World War II almost inevitably ensure that a blow struck at a weak nation may be answered by a considerably more powerful ally...
...scenes reminiscent of labor wars in the 1930s, the nation's campuses erupted in more violence last week. At Roosevelt University in Chicago, rebels invaded the president's office and ripped out telephones in a demonstration seeking amnesty for fellow rebels. Deputy sheriffs prevented seizure of the ad ministration building at Eastern Michigan University by 200 students, cut chains off the doors and arrested twelve demonstrators. At Berkeley, 100 police men clashed with thousands of demonstrators supporting a month-long strike for Third World Liberation Front demands. Pelted with rocks, bottles and fire bombs, the cops fought back...
...most incensed about plans for an anti-ballistic missile (ABM) system, which they call "illadvised and hazardous." They are also opposed to the development of chemical and biological weapons and the enlargement of the nuclear stockpile. Instead, they suggest that scientific research should be turned increasingly toward solving the nation's environmental and social problems. As the first step toward bringing about such a change in U.S. scientific policy, they call upon scientists "to unite for concerted action...
...have the responsibility of handling other people's money usually make large amounts of it. For running Massachusetts Investors Trust, one of the nation's biggest mutual funds, Chairman Kenneth L. Isaacs' pay package in 1967 amounted to $400,000. On Wall Street, the starting salary for securities analysts has escalated in the past five years from $7,000 to at least $10,000, and ranking analysts get $25,000 to $60,-000. On top of that, executives of brokerages traditionally pocket bonuses of from one month's to two years' salary. Even better...
...there are 20. Their total assets are still quite low - less than 1% of the $24 billion of the Bank of Amer ica, the nation's largest - and their performance has been less than sparkling...