Word: recklessness
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Dates: during 1940-1949
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Gloomiest observer was the Federal Home Loan Bank Administration. Over & over again during the past two years FHLB Commissioner John H. Fahey has warned that every type of financial insti tution has been making "reckless" loans, that the "unsound wartime realty boom" could have but one end: a postwar wave of foreclosures that might make the last depression look like a sideshow...
Courts martial voted criminals' penalties for careless, crackpot boys; still there was reckless flying. Probably there was no universal cure for the problem children whom the Army calls hedgehoppers, the Navy flat-hatters...
Spruance has since been criticized by some venturesome tacticians for not chasing down the scattered Jap survivors. The record will some day show whether the criticism is justified. The Japs were spread to the four winds over a wide and smoky ocean. A reckless excursion into enemy waters might have undone the victory. The defense of the whole Pacific depended then on the handful of ships in Spruance's command. He had to preserve them, and he did. Right or wrong, that was the way he calculated when he retired...
States' Rights is a worn-out issue, a relic. The answer to "the present Administration's arbitrary use of vast authority . . . the inefficiencies and reckless extravagances . . . lies not in a weakened central government." The answer lies in government administered under law, substituted for government "by caprice...
Hero Youree was sentenced to be cashiered as an example to youngster airmen who are tempted to reckless flying. He was convicted at his station at the Ardmore, Okla. Army airfield of flying too close to a Braniff airliner and scaring the daylights out of its 21 passengers...