Word: panic
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Dates: during 1970-1979
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...doctor--an old-fashioned slimy-capitalist type--who's set up a private practice for immense personal profit and continually refers his non-fee patients to it for private treatment. Near the end he gets his just deserts when the IRS or somebody calls up and he scurries around panic-stricken muttering, "They can't do this...
Bits of Hearsay. The mini-panic was caused by a combination of wild rumor and hard economic fact. European speculators have been trading bits of unfounded hearsay that the Italian central bank was secretly selling some of its dollars for gold on the free market and that the U.S. Congress was somehow planning to double the price of gold. More sensible investors were troubled by the huge U.S. budget deficit that Nixon disclosed two weeks ago-which they feared would lead to further dollar-weakening American inflation-and by the gap between Europe's relatively high interest rates...
...subject, we might simply agree to say: "We've had a President and Vice-President with black ancestry. So what's all the excitement? Let's get on with taking care of business, with electing the people best capable of governing. And there's no need to panic if we have black blood in the White House--again...
...markets the day before, another $500 million in the morning. "It's a Friday and it ought to be a calmer day," advised the worried Volcker. The Bank of England was pressing for a guarantee that some $3 billion that was held in reserve would not be devalued. A panic seemed possible. "I'd better get up there," said Connally...
Still, the war was also beginning to take its toll on the people of West Pakistan. " The almost constant air raids over Islamabad, Karachi and other cities have brought deep apprehension, even panic," TIME'S Louis Kraar cabled from Rawalpindi. "It is not massive bombing, just constant harassment ? though there have been several hundred civilian casualties. Thus when the planes roar overhead, life completely halts in the capital and people scurry into trenches or stand in doorways with woolen shawls over their heads, ostrichlike. Be cause of the Kashmir mountains, the radar in the area does not pick...