Word: puree
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Dates: during 1970-1979
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...measure, however, is far from a pure giveaway. For one thing, the loan guarantee is not a handout but simply the Government's pledge to reimburse private parties for the money, up to $1.5 billion, that they lend to Chrysler if the auto firm is unable to repay the loans. This promise should enable Chrysler to return to the money markets that have been closed for the past year. The automaker, moreover, will pay the Treasury an annual fee of at least 1% of the sum guaranteed...
...victimized, the Chicken Little pessimists, who had bet on bullion and other precious metals, were made to look prescient. Among the winners were people who had shrewdly put away dimes, quarters and half dollars minted before 1965; at year's end an original $1,000 in those almost pure silver coins was worth $16,300. But anybody who had put his money in a savings bank was a sucker; a $1,000 deposit declined in real value during the year to about $900, after inflation and taxes on the interest receipts...
...Tulip Mania. The tulip was then a comparatively new import from the Near East, and mutant specimens, with irregular stripes, were prized as rarities-so prized that men would mortgage their villas and their fields. The tulips had little intrinsic value. Their worth as commodities was a function of pure, irrational desire, and their economic fate proved that nothing is more manipulable than desire. When the mania fell away, the flowers were as pretty as they had been before. It was just that now few people wanted them very much, whereas before they had been invested with a kind...
...miles) east of Cleveland, where an 81-ton digging machine is carving a huge cavity in a salt mine 600 meters (2,000 ft.) below the ground. When excavation is completed, the cavern will be lined with synthetic rubber and filled with 10,000 tons of exceptionally pure, filtered water. Then, about two years from now, physicists will begin looking in the pool for flashes of light that could signal the decay of protons, confirm a unifying theory of nature, and end the cherished notion that matter is permanent...
...spread false evidence. If not, concludes Lindsey, then "the affair of the snowman and the spy who called himself Falcon was an episode that demonstrated amazing ineptitude on the part of the Central Intelligence Agency." Even the most casual readers of newspaper headlines will recognize the allegation as pure nonfiction. - Donald Morrison