Word: pocketing
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...week) and writing an occasional magazine story. Fluent in eleven languages, a former Oxford lecturer who also taught at Seton Hall and Colorado State, Lombardi is content in Saigon. "There's a feeling of complete freedom here," he says. "A man with a little money in his pocket can do anything-smoke opium, sleep with three girls, meet interesting people. The subtle charm of Saigon is not to be denied...
Indeed, because all the energy companies would pass along higher costs to the consumer, critics have charged that the energy crisis could conceivably serve, in Freeman's words, "as a massive exercise in picking the pocket of the American consumer to the tune of billions of dollars a year." No one is suggesting a conspiracy to raise prices; the literally hundreds of electric utilities, gas, coal and oil companies that all seek competitive advantage over one another could not effectively coordinate such a campaign. But the critics fear that consumers might be faced with excessive price boosts unless...
...based on current prices and projected growth in demand, the nation's out-of-pocket expenditures for foreign oil might reach $17 billion annually v. $8 billion this year. That staggering annual outflow of dollars for oil is not inevitable, however. As Secretary of the Treasury George Shultz said at Nassau: "We must struggle against these projections so that they do not become accurate predictions." Another projection shows that between now and 1980 the oil-producing nations of the Middle East and North Africa alone stand to collect a quarter-trillion dollars for their natural riches, nearly...
When she got home, she took off her pink pants suit and unbuckled her patent leather shoes. She put on a pair of cutoff jeans and a green shirt with an alligator on one pocket. She hung up the pants suit, but left the shoes and socks in the middle of the floor...
...picking Hedley Donovan to be editor in chief of all Time Inc. publications. It was Donovan, not Luce, who decided that LIFE should endorse its first Democratic presidential candidate in 1964. "The vote of Time Inc.," said Donovan at that time, "should never be considered to be in the pocket of any particular political leader or party...