Word: propped
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THAT IS PERHAPS Cunningham's greatest gift, as the performances last week made clear. His work explores the processes of the body, but its effect also allows the onlooker to explore the processes of the perceiving mind. He gives us the dance: wondrous, self-delighting motion without any prop of plot or theme or explicit significance. And watching the dance, one becomes aware of the mind's response: a subjective discernment of plot and pattern, and the shape of ritual; a perception of the grounds of symbolic recognition in the flowering of unburdened form...
...businessmen, the contradictions appear to mirror an equally mixed-up management of the economy by the Carter Administration. Policy zigged from talking up a tough tax reform to abandoning most of it, zagged from professing unconcern about the dollar's slide to intervening actively in currency markets to prop up the greenback. Noting Carter's propensity for listening first to one economic adviser, then to another, Washington wits began quoting, accurately or not, a scathing description of Franklin Roosevelt supposedly offered by Economist John Maynard Keynes: "The President is like a big, fluffy pillow. He bears the imprint...
...Dollar. It steadied after Washington began buying up unwanted greenbacks to prop their price, but dipped a bit again at week's end, apparently because Carter's State of the Union speech failed to convince foreign moneymen that the Administration has a handle on the economy's problems. In the long run, dollar stability will depend on U.S. progress in reducing its gargantuan trade deficit of almost $30 billion?and not much progress is expected this year. Congressional passage of an energy bill?almost any energy bill ?would help by demonstrating American determination to cut oil imports, the biggest...
...timing was unusual: major shifts in U.S. financial policy are not normally put into effect while the President is jetting around the world on a goodwill tour. But action to prop the falling dollar could not wait. When currency markets around the world reopened last week after the New Year holiday...
...rapid pace of seemingly uncontrollable events, President Carter dispatched Secretary of State Cyrus Vance to the Middle East for the third time in ten months to use whatever influence he might have to bring the feuding Arabs together. One of Vance's main goals was to help prop up Sadat's plan for a pre-Geneva conference on the Middle East that is scheduled to begin at the Mena House hotel near Cairo this week. Originally, Sadat had envisioned the gathering as a meeting ground, where all interested parties would settle at least some of the procedural problems...