Word: shock
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Dates: during 1970-1979
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...cannot merely patch up the Bretton Woods system of fixed prices for every currency, based on a fixed relationship between the dollar and gold. President Nixon shattered that illusion on Aug. 15, when he announced that the U.S. would stop selling gold to redeem foreign-held dollars. The "Nixon Shock" has already moved moneymen into discussions that would have sounded like sheer fantasy a few months ago. American officials who once proclaimed the majesty of the dollar now cheer declines in its price on newly freed money markets, because they hold the potential for helping the U.S. balance of payments...
...prison tragedy has clearly been a shock to the values and ideals of Attica's citizens. There is a bitterness toward the rebel prisoners who led the riots that in many cases borders on hatred. One man referred to them as "outlaws who are out to destroy our country and burn our cities, and now want to destroy our prison." A woman who refused to give her name went even further. "Now when I see a Negro I feel different," she said, "now I feel uncomfortable." But there is also an understanding of the prisoners' lot. "I felt they...
...associate. There were kisses and handshakes of farewell, a lot of forced laughter and a few tears. "I've been conditioned for this," admitted one Look editor. "I'm sorry but not surprised," said another. The news had been long rumored, but it still came as a shock last week when Gardner ("Mike") Cowles, Look's creator and editorial chairman, announced that the magazine would cease publication with its Oct. 19 issue...
...that the air cushions might be as dangerous as actual crashes. American Motors officials fear that the giant pillows might inflate unpredictably in the driver's face, perhaps because of defective sensors. Ernst Fiala, Volkswagen's worldwide research director, worries about changes in air pressure and the shock factor inside small cars after the bags suddenly expand. "When you're firing four large air bags, you can reasonably expect that the car will be a wreck," he warns. "The scheme is safety overkill." Moreover, Government tests show that when air bags explode into shape, the noise...
...realist whose election five years ago marked the end of the era of charismatic strongmen with revolutionary pasts-William Cosgrave, Eamon de Valera, Sean Lemass. Born the year after the 1916 Easter Rising, he is the Irish Republic's first Prime Minister, or Taoiseach (pronounced Tea-shock), of the post-civil-war generation...