Word: otto
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...friend from Lampoon explained to me--soaks up puns unobtrusively, "the way bread soaks up puns unobtrusively, "the way bread soaks up wine." Almost every line in the script has a joke in it somewhere, often so naturally imbedded in the basic joke of the plot (quailing before Otto da Fe, the Earl of Fourflush who announces that he won't be satisfied "until everyone is dead," one of the heroines vainly offers so "give you my silver gold-piece") that it's more than likely to slip by unnoticed, or to register only a few minutes later, when...
...Means Committee hearings on President Ford's tax-cut proposals. His recommendation: deepen the rebate by several billion dollars. Arthur Okun, also of Brookings, and University of Minnesota Economist Walter Heller have both served as chairman of the Council of Economic Advisers under Presidents Kennedy and Johnson. Otto Eckstein, Harvard professor and head of Data Resources, Inc., a Cambridge, Mass., think tank, is a former member of the council, and its current chairman, Alan Greenspan, is on leave from TIME's Board. Murray Weidenbaum, who replaced Greenspan on our panel, was Assistant Secretary of the Treasury...
...checks and phony mail-order offers in mind, but Thompson's staff concluded that people could be defrauded out of their "right to honest government" as well. Trial and appeal courts agreed, as Thompson proceeded to use mail-fraud charges in the successful prosecutions of former Illinois Governor Otto Kerner, four Chicago aldermen, the former clerk of Cook County, Mayor Richard Daley's former press secretary and others...
...Administration's own projections are not exactly enthusiastic. Unemployment will continue to rise but at a slower rate. One White House adviser estimates that with the Ford program, the unemployment rate by year's end would be half a point below what it would otherwise be. Economist Otto Eckstein, head of Data Resources, Inc., makes a similar forecast. He reckons that the unemployment rate next December would be a still shocking 8.1%, rather than an even worse 8.5% (it was 7.1% last month...
...from the liberal economists, who worry that Ford's economic program is not expansive enough to counter the recession. They contend that boosting tariffs and taxes on crude oil would not only hinder a business recovery but also keep prices rising at double-digit rates. Says Board Member Otto Eckstein: "The goals of the two packages are quite different and to an extent contradictory...