Word: sentimentalizing
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Dates: during 1960-1969
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Until recently, most of the opposition has come from intellectuals and the young, from college professors and clerics. But now the ranks have been swelled by apolitical businessmen and uneasy politicians eying the antiwar sentiment in the polls, thinking about 1968. Congress is in a rebellious mood, and the insurrection is fast spreading from Democratic ranks, where opposition to the war was previously centered, to the Republican side of the aisle. "The war is behind all of our problems," says a member of the House. "It's a millstone around our necks...
Thus Japanese Finance Minister Mikio Mizuta echoed the sentiment of most of the 2,200 delegates, bankers and officials in Rio when he called last week's agreement "the greatest step forward since the creation of the IMF" 23 years ago at Bretton Woods, N.H. It was also a considerable personal triumph for U.S. Treasury Secretary Henry Fowler, who had to overcome the fears of skeptical central bankers that the U.S. would use S.D.R. to cover up its chronic payments deficit...
Nest Eggs & Mattresses. For Cornfeld, that kind of sentiment has been conspicuously rare in recent months; he has made money far faster than friends. An Istanbul-born, Brooklyn-reared onetime social worker, he hit on the idea of selling mutual-fund shares to overseas G.I.s in the 1950s, soon started selling door to door to Europeans. Another successful item that he started peddling in 1962 was the Fund of Funds, consisting of shares of other mutual funds. Paying few taxes, Cornfeld's Panama-chartered I.O.S. employs 10,000 salesmen in over 100 countries, has expanded into a $250 million...
Another factor seems to account for the federal deficiency. Nigeria's Oxford-educated elite made the tribal group their power base, appealing to ethnic sentiments rather than issues. Surely, they eased their own way to power; but Nigeria paid dearly. Tribal divisions were institutionalized in government. Leaders found their maneuverability fatally limited. Thus, Gowon, as a northern general, owed his office to Hausa support. He heeded their opposition to the confederate plan, even though his stand jeopardized an equitable sentiment...
...There is not a great deal of sentiment in the House for Volpe's bill," Dukakis explained yesterday. But he added that the House is edgy and anxious to have a recess. As a result, Dukakis said, the House may support a modified version of the Governor's bill instead of the more drastic Basic Protection plan...