Word: presidentitis
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Dates: during 1960-1969
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His opposition party banned, and he himself imprisoned for "subversion," Kenya's flamboyant, left-leaning Oginga Odinga was dismayed to find that he was not even allowed to read about the national elections. When "Double O" made a plea for newspaper privileges to President Jomo Kenyatta, his onetime pal...
> At the University of Akron, a dozen black students occupied the administration building while the president and 19 staff members locked themselves in their offices. Responding to rumors that the blacks were armed and shots had been fired, Ohio Governor James A. Rhodes rushed 90 state troopers to the campus...
Married. The Rev. Daniel McLellan, 53, Denver-born Roman Catholic missionary priest, who while on assignment in Peru in 1960 pioneered a savings and loan association, Mutual El Pueblo, for impoverished peasants, then built it into a $14 million concern; and Ada Chirinos, 28, his Peruvian secretary; in a civil...
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...
Most economists also follow the teaching of Britain's late John Maynard Keynes, who articulated how changes in taxes and government spending can stabilize business cycles. The philosophy of Keynes, who died in 1946, has dominated the economic policies of industrial nations since World War II. Today's prevailing belief...