Word: pocketed
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Dates: during 1960-1969
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...They have us in their hip pocket," said Texas Oilman Hap Sharp, complaining that Jiis two Chevrolet-powered Chaparrals were leaking oil and handling poorly on practice runs. Italy's Enzo Ferrari, whose high-whining, finely tuned cars had dominated Sebring for a decade, winning seven times in all, was so pessimistic about his chances of stopping Ford's "steamroller" this year that he bothered to enter only one prototype in the race. Of course, the new Ferrari 330 P3 was quite a car: developed specifically to compete with Ford, it harbors beneath its streamlined, electric-red shell...
...professors' "basic protection plan" permits recovery without proof of fault. As worked out in a new book, Basic Protection for the Traffic Victim (Little, Brown; $13.50), the plan requires every car owner to carry a policy that would pay all of a victim's out-of-pocket costs-up to $10,000. These costs would include hospital and medical bills as well as 90% of lost wages (on the theory that 100% payment would encourage malingering), and would be paid out as they actually occurred rather than in a lump sum after settlement. Regardless...
Attractive Idea. Since out-of-pocket costs would be paid automatically, the only cases that would raise the fault issue and go to a jury would be the relatively few involving more than $10,000, or pain-and-suffering claims of more than $5,000. Actuarial studies are now under way to determine exactly how much money the plan would save both motorists and insurance companies. The idea seems so attractive that several states are studying possible adoption; in Michigan, the enabling legislation has already been introduced...
...When I mentioned this old radio classic to Benny recently, he said: "That was our longest laugh. But the one I like best was on our TV show. My trousers were draped on a rack, and when a delivery boy came in, Rochester got a quarter out of my pocket and tipped the boy. Then I came in, hefted my trousers once, and said, 'Rochester, who took a quarter out of my pants?' Now THAT'S damn funny, if I do say so myself...
...company as a prime example of Yanqui capitalism. It is Sears, Roebuck of Venezuela, and all of its 13 stores have been the targets of bombs or burning. Though nothing has happened lately, Eaton's workers each night before closing have to examine every drawer, dress pocket and cranny in the store for possible homemade incendiaries. Nevertheless, Sears is prospering in Venezuela and throughout Latin America...