Word: panic
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Dates: during 1940-1949
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...mistake in solitaire. "Do you accuse me of cheating?" he thundered. "Well, then . . . I'll begin again." On that occasion, he had been thinking of what he would say to the houseful of bankers who were there that night to discuss how they could stop the market panic...
Behind the Times. Not since the House squeezed through extension of the draft by a one-vote margin on the eve of war in 1941 had its members been thrown into such an irresponsible panic. In the showdown, the economy-shouting Republicans had looked even worse than the Democrats. Republicans had followed their leaders, Joseph Martin and Charles Halleck, in voting 2 to 1 for Rankin's raid on the Treasury. Democrats, whose leaders stood fast against the bill, voted 3 to 2 to stop...
Snubs That Rankled. His boyhood chance for traveling with the home-town upper-upper crust was wiped out by a financial panic. "I can remember distinctly how I felt when we didn't have any more money [after the crash of 1907]. I could feel myself becoming what [Anthropologist W. L.] Warner calls 'mobilized downward.' Of course, I had read Horatio Alger and I was ready to face this change in circumstance in a sportsmanlike manner." In Point of No Return it is Anthropologist Malcolm Bryant who explains such niceties of the scientific vocabulary to Charley Gray...
...illustrate his point Krayer recalled the "Reichstag Fire Trial" of 1934. The Nazis allegedly burned down the Reichstag, Berlin meeting place of German Parliament and then utilized the resulting national panic to take over the government. Once in power they arrested a Dutchman, charging him with setting the fire. The defendant made a complete confession in court and was convicted, although most of the world believed him innocent. It was generally thought that the Nazis used drugs to obtain the confession, but even the closest observers couldn't prove it, Krayer remembered...
...only danger," Dunlop stated, "is that the adjustment may become cumulative and disruptive, that a panic may cause a serious over-reduction...