Word: past
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Dates: during 1960-1969
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Thompson is not as worried as some U.S. military advisers about current Communist infiltration. He contends that the enemy has lost at least 500,000 troops in the past two years-roughly comparable to the U.S. Army's losing 5,000,000 men. The replacements, he reports, are mainly ill-trained teenagers. "The Viet Cong are no longer 10 feet tall. They are more like frightened 16-year-olds." Thompson does not, however, see a quick end to the war. "It could take three to five years before Hanoi is compelled to give up her purpose and to negotiate...
Brandt's anti-Nazi past and his Social Democratic politics acquit him of responsibility for the Germany of that other era. But his goal, too, is an independent Germany-or as he said in October, "a liberated, not a conquered Germany." But he acknowledges that the talk so far has concerned "atmospherics" or small points. Key points, like the recognition of East Germany or the normalization of divided Berlin, may well be years away...
Businessmen see the signs of decline in their sluggish sales and softening profits. Investors discern the portents in falling stocks; the Dow-Jones industrial average has dropped 9% in the past five weeks to a three-year low. The Consumer Confidence Index, measured by the highly regarded University of Michigan Research Center, has plummeted from 95 in January to 79.7 now. President Nixon's economic policymakers recognize the signs of danger. "We are now at a critical period of economic events," says Budget Director Robert Mayo. "The economy is in a state of delicate balance...
...benefit of this, plus social security. The system redistributes income from the young (rich or poor) to the old (rich or poor). I think we ought to help the poor indiscriminately." GOVERNMENT PRIVILEGES. "All over the world, the predominant source of great increases in private fortunes over the past several decades has been Government privileges." For example, the issuance of radio-TV licenses is "an enormous giveaway of valuable capital sums to individuals who are not low-income people." Friedman also holds that the Federal Communications Commission should auction TV channels to the highest bidder and thereafter stay...
...about Willie and Lolita, rumors spread of a full-scale Indian uprising. It was said that Willie was out to assassinate the President. Someone dubbed him "the mad dog of the Morongos"-and he was hunted like one. Willie covered almost 500 miles on foot, through the Morongo Valley, past Surprise Springs and Deadman's Dry Lake, until he was finally cornered on Ruby Mountain. Earlier, he had shot the girl to keep her from getting caught. On the mountain, he challenged a sure-shooting lawman with an empty rifle, a gesture that amounted to suicide...