Word: reasonlies
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Dates: during 1970-1979
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Real chances and opportunities from the top level down have been created. That's the reason why we, pole cat of the world, have avoided the bloody revolution despite the fact that the whole of Africa was in a period of revolution...
Denver County District Attorney Dale Tooley, who with Steinberg presented the jury program to the students last spring, believes one reason for its success is that the kids get a hearing within days after their arrest, instead of brooding for two or three months while awaiting conventional trial. More important perhaps is the program's philosophy that young people are responsible for their actions, coupled with close followup: the district attorney's office remembers delinquents on holidays and birthdays-even after they have left the program-and makes sure that they observe whatever curfew...
...PROPPING. Until now, in their efforts to keep the dollar from falling too sharply against the muscular mark, the U.S. and West German central banks have confined their buck-bolstering efforts mainly to the New York and Frankfurt markets. Now they have agreed to intervene in all financial centers. Reason: the world money markets have become so sensitive and intertwined that a drop in, say, Hong Kong ripples rapidly throughout the world...
...foreign moneymen worry about the Carter Administration's resolve to hold down inflation at the cost of higher unemployment as the 1980 political campaign picks up steam. They found fresh reason for skepticism last week: it was revealed that to get the unions to join in the Carter anti-inflation program, the Administration agreed not to try to penalize any violators of the "voluntary" wage and price guidelines. Miller attempted to soothe his colleagues in Belgrade by promising that the Administration would "stay the course" in battling inflation, but doubt remained. Said one West German Cabinet minister: "The problem...
...best-selling novel The Crash of 79 described just such an avalanche. The result was a thumping destruction of all the foundations of industrial society as nations returned to barter economies. Financial experts tirelessly insist that in the nonfiction world such a collapse would be impossible. One reason is that well over half of foreign trade, including sales of oil, metals and grain, is billed in dollars...