Word: otto
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Dates: during 1970-1979
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...guys are involved." Among the main figures in the federal probes of Korean influence peddling: former Representative Richard Hanna of California, a silent partner in an import-export business run by Tongsun Park, a Washington-based Korean businessman with a yen for winning friends in high places; Louisiana Democrat Otto Passman, a longtime Park crony; and former New Jersey Congressman Cornelius Gallagher. Meanwhile, on another front, there are charges that the Korean Central Intelligence Agency (KCIA) has been carrying out both open and "black" (undercover) operations in the U.S. on a broad scale...
...econometric models of the 1960s, Williams College Economist John Sheahan concluded that "there was a convincing case that wage behavior in manufacturing became more restrained in the four years [after the establishment of the guideposts] than in the preceding decade." He drew upon independent studies by Harvard's Otto Eckstein and the Brookings Institution's George Perry...
Robert A. Otto Cincinnati...
...stunning primary upsets of 1976, Louisiana Democrat Otto Passman, an anti-foreign aid ideologue for 15 House terms, lost to a 34-year-old farmer, Jerry Huckaby. Alabama Democrat Robert E. Jones Jr., who spent 29 years in the House without even winning the nickname Bobby Jones, retired. He will be succeeded by another Democrat, Ronnie Flippo, 38, a C.P.A. and member of the state senate, which passed a dubiously congratulatory resolution asserting that the "intellectual quality" of that body as well as the House would be improved if he were elected...
...figures stirred some bipartisan worry among members of TIME'S Board of Economists. Republican Murray Weidenbaum of Washington University now believes economic expansion in the final three months of the year will be relatively slow, though he expects a strong pickup next year. Democrat Otto Eckstein of Harvard foresees a fourth-quarter growth rate no higher than 3.7%, and possibly as low as 2%, v. the third quarter's already disappointing 4%. As a result, Eckstein believes that the economy will need the stimulus of a new tax cut early...