Word: shaking
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...Shake-up at the White House...
...still treat Star Trek or M*A*S*H as the crowning cultural achievements of the century. Too many critics engage in the effortless reductionism which labels all T.V. evil. But even in the truly crummy stuff, the medium has an attraction, one we are not likely to shake soon. So between the ceaseless rhetoric against the sinister box and a national willingness to sit and watch, one can see a strange symbiosis...
Trow's second essay does succeed in getting the reader to shake his head in bewilderment. Yes, it is embarrassing if the height of the social season occurs when Bianca Jagger rides through a Studio 54 party on a white horse led a naked man and woman. And it is ludicrous when geriatric fashion priestess Diana Vreeland comments, "The thing about Bianca is the patrician quality." Trow puts together a good piece of debunking journalism. One only wishes he had not confined it in the thinking of his first essay, and let the sillinessof his subjects speak more for itself...
Order. Stability. While Poland finally threatened to shake Eastern Europe out of its Yalta stagnation, both the Right and the Left in the West found themselves firmly behind the freedom fighters. Until, that is, the bankers found more of an interest in the status quo and the detente-worshippers discovered a threat to international peace. In Poland, in Iran, arguably in Nicaragua, much more attention is being paid to political determination than to the economic self. In the countries of the Western Alliance, including the United States, the reverse is apparently true...
...year's economic turmoil helped speed a historic shake-up of U.S. financial institutions. Attractive interest rates prompted millions of Americans to withdraw money from banks and savings and loan associations, where the return on passbook deposits is no more than 5½%. Many put their cash into money-market funds, which are operated primarily by brokerage houses and financial management firms, and offered interest as high as 17%. The assets of those funds more than doubled during 1981, to $186 billion. Says Walter Wriston, chairman of New York's Citibank: "Americans are not stupid. They have been...