Word: outright
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Dates: during 1980-1989
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Nixon is careful to avoid outright criticism of Reagan, partly because he thinks it would only aggravate the President's stubborn streak and partly because Reagan was always loyal and supportive toward me when I was in office." In effect, however, Nixon is refuting a view prevalent in the Reagan Administration that the U.S. might some day be able to bring the Soviet Union to its knees with economic blockades and military pressure. He believes the troubles afflicting the Soviet system make this the time not to isolate the Soviet leadership, but to engage it "at the highest level...
...government of British Prime Minister Margaret Thatcher welcomed the rumors of progress, saying a Soviet offer "may be a step in the right direction." The West German Cabinet refrained from public comment on the matter, but officials in Bonn privately expressed disappointment at the U.S. Administration's outright rejection of what was seen as a Soviet trial balloon. Although French President Mitterrand went out of his way to tell Shultz that he firmly backed the U.S. negotiating stance, he has said that he thought the outcome could be somewhere between the opening U.S. and Soviet positions. Conceded...
...some financially strapped states and counties, the old public defender programs have been replaced outright by so-called contract systems, under which low-bidding private lawyers sign on to defend indigents. The result: more plea bargaining, fewer pretrial motions and less investigative work. In rural Alabama, poor defendants routinely get no lawyer at all in misdemeanor cases. Confesses one judge in Tuskegee, Ala., who is among those who do not appoint counsel: "I'm afraid I'm in violation...
...face of shrinking demand sent shock waves out through virtually all of heavy manufacturing. International Harvester Co. of Chicago (1981 sales: $7 billion), already deeply in debt to banks across the country because it borrowed to stay afloat as sales plummeted, teetered throughout the year on the brink of outright collapse, surviving on credits from reluctant bankers and suppliers. Hardest hit of all in the downturn were the nation's producers of basic metals such as steel and copper. As demand for metals lurched lower and layoffs swelled, the once pulsing industrial belt that stretches from Illinois across...
...share prices stayed steady during the year, other blue chips performed spectacularly. Sensing in mid-August that the Federal Reserve Board was beginning to ease its tight-money policy in an effort to stimulate growth in the economy and prevent the recession from turning into outright depression, investors surged into the market, sending the widely watched Dow Jones average of 30 industrial stocks on the most explosive upward ride in Wall Street history. By last week the Dow stood at 1012, a 30% climb from its summer low of 777. Bond prices also soared, with 30-year Treasuries climbing some...