Word: nine
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Dates: during 1960-1969
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Less than a week after Attorney General John Mitchell had promised "a massive indictment" of New Jersey public officials, Addonizio and nine present or former Newark city officeholders were charged by a federal grand jury with extortion and income tax violations. The ten officials plus five other men, including a reputed Mafia member named Anthony ("Tony Boy") Boiardo, were indicted for extorting $253,500 from Constrad, Inc., an engineering firm that did business with the city. The charge carries penalties of $10,000 and 20 years in prison. The 15 were also accused of failing to report their payoffs, ranging...
...commission was unanimous in all but one of its nine reports. It was publicly and sharply split on the issue of civil disobedience-a strategy for achieving social justice that has divided other Americans since the birth of the Republic. A majority of seven members declared that they could not endorse a principle that may encourage anarchy. They suggested that a law should be obeyed, even if it may be unconstitutional, until a few citizens test the issue in the courts. Among the six commissioners who disagreed was Patricia Roberts Harris,* former U.S. Ambassador to Luxembourg. Mrs. Harris, a Negro...
...majority of economists outside Government believe that U.S. business still has enough momentum to avoid what would be the first recession in nine years. They point to such sources of strength as record capital investment. Still, businessmen have a sense of foreboding. That anxiety has been intensified by the bearish warnings of one economist who was once ignored and ridiculed, but whose views have lately had an important influence on Government policy. He is Milton Friedman, the leading iconoclast of U.S. economics. "We are heading for a recession at least as sharp as that in 1960-61," he warns. "There...
...board, fearful that the tax surcharge would overburden the private economy, increased the money supply at an average annual rate of 10%?almost twice the rate that the economy could absorb without inflation. Then, a year ago, the board switched to its restrictive money policies. Six to nine months after these gyrations occur?and sometimes much later?they significantly affect the performance of the whole U.S. economy...
...lives, two birds in the hand are worth three in the bush, a bluffer is a fiveflusher, and that soft drink should really be called Eight-Up. Life, these days, begins at 41, girls are Sweet 17 and never been kissed, and inescapably, the American consumer is behind the nine ball...