Word: paperworks
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Dates: during 1960-1969
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...growing blizzard of paperwork piling up on U.S. business, the country's 13,500 commercial banks are slogging through the deepest drifts. Last year, the public scribbled 14 billion checks-almost double the number of a decade ago-and by 1975 they will be writing 29 billion annually. Since the end of World War II, the number of bank accounts has risen 33%, commercial loans 113%, mortgages 290%, and consumer installment credit 850%. The answer to the spreading prevalence of paper is mechanization, and the nation's big banks have set up their own computer systems. For smaller...
...think that the thesis is the undergraduate's "most important academic undertaking"? This is naivete of the most harmful sort. The reason that so many seniors are tempted to drop their thesis writing in favor of CLGS is that they perceive that the thesis is essentially nothing more than paperwork drudgery, enervating and mind-killing. Not all theses fit this description, but most do, so why Puritanically castigate a student who is wise enough to see that CLGS will give his mind more freedom and stimulation? Why not give him his freedom, instead of reacting with the pedantic hysteria that...
...against Menon's promotion policies. When Nehru, who has long scorned the British-trained officers as men who "did not understand India," refused to listen to complaints about Menon, both generals retired from the army in disgust. Menon named as new commander in chief P. N. Thapar, a "paperwork general...
...When Saxon took the job last November, he brought with him 27 pages of recommendations for reform. With almost indecent haste, he raised the Government's assessment on nationally chartered banks in order to erase his department's $2,500,000 deficit, opened new regional offices, slashed paperwork 50%, and cut the time required to approve a new bank charter from nine months to 75 days. "Jimmy Saxon," said one top U.S. banker, "is the kind of man who figures the quickest way to get into the next room is to go through the wall...
Waffled Disagreements. While the Whiz Kids acknowledge in principle the usefulness of long experience in uniform, they give the professional soldiers poor marks at paperwork. Says one: "The military too often are inarticulate. In papers, they resort to the all-purpose sentence that doesn't recommend anything, but merely waffles over disagreements within their ranks." They think that the military too often fall back on tradition and intuition rather than clearheaded analysis. After Whiz Kids studies, the RS-70 bomber program was curtailed, though Air Force Chief of Staff Curtis LeMay is thoroughly convinced that the bomber...