Word: panic
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Dates: during 1970-1979
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...most recent and visible protesters. Airline pilots, upset by job cutbacks, threaten a Christmas boycott. Wherever one travels, there is a feeling of disillusion among the groups now being touched by crisis and material shortage. Bankers and finance men in Western cities ride along the raw edges of panic with their Wall Street colleagues. Many in the resort trade are petrified. The trade conventions of men in the petrochemical industry are held under a cloud of doubt. The immense plastics industry is nearing a slowdown...
...Panic Buying. Beyond the economic crisis, the political paralysis of the Tanaka government has created a crisis of confidence in it. Housewives have indulged in a wave of panic buying of such potentially scarce items as sugar and soap. Some experts fear that when the real crunch comes early next year, particularly if there are severe food shortages, Japan could be plagued by consumer riots...
Watergate Panic. Under Chairman Peter W. Rodino Jr., the House Judiciary Committee holds its second meeting this week on the impeachment inquiry. The Constitution requires that the process begin in the House, precisely where Ford is liked and trusted most...
Moreover, since any Congressman who is seeking re-election must face the voters in less than eleven months, the House is also where political panic over Watergate is first being sensed. House Republicans are worried that Nixon's troubles will wipe them out at the polls next year. After a secret survey, G.O.P. strategists calculated that the party may lose as many as 75 of the 191 House seats that it now holds. In the Senate, they found, Nixon's failure to resolve Watergate problems may cost Republicans six of their 43 seats, those of Kansas' Robert...
Harvey Wheeler, senior fellow for the center, said Friday in California that the Senate Committee is in "a state of near panic" as the deadline for their report--late February--approaches. The committee, Wheeler added, has "need for any help they...