Word: power
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Dates: during 1960-1969
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...dynastic rivalries among the Army, Navy and Air Force after World War II prompted President Truman to unify the services under a Secretary of Defense. Old Soldier Eisenhower stripped the individual service secretaries of their power to deploy troops. Later, the exigent Robert McNamara took command of all departmental decisions by unifying military-budgetary decisions through the Joint Chiefs of Staff. Last week Richard Nixon's Secretary of Defense, Melvin Laird, introduced his three service secretaries; all fit the pat tern of administrator now prescribed...
Without doubt, he would have loved another four years in power. A second full term would have given him a total of nine years in office, more than any other President except Franklin Roosevelt. "More" was his byword. And more time in office would have given him the opportunity to get the nation out of Viet...
...unfinished business of the New Deal ended by presiding over a nation beset by class and racial tension. The President elected in 1964 by the largest popular majority in history had to admit that the interests of peace and national unity would best be served by his renunciation of power...
Although it is possible to exaggerate the decline of the Wasp, who has never really left the center of U.S. power, he is indisputably in an historical retreat. The big change came with the waves of migration from Europe in the 19th century, when many of his citadels-the big cities-were wrested from his political control. In a quiet fallback, the Wasps founded gilded ghettos-schools and suburbs, country clubs and summer colonies...
...Wasp retreat has by no means gone so far as to destroy his basic power-particularly strong in business and finance, considerable in politics, battered but tenacious in the social and moral field. Irishmen, Italians and Jews may have established themselves in construction, retailing, entertainment, electronics and light manufacturing, but big business and big banks belong to the Wasp. Almost 90% of the directors of the 50 largest corporations are Wasps. Similarly, about 80% of the directors of the ten largest banks are Wasps...