Word: siphon
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Nixon's strategy rests on his ability to siphon off enough strength from Alabama's George Wallace to nail down the electoral votes of several Southern states. He is emphasizing "law and order" himself, but Agnew is doing it in much tougher terms. "Nixon and Agnew are riding the right issue?trouble in the streets," said a Maryland Republican. "It's the big issue. It outruns everything, especially with women voters. They're scared to death to walk down the street any more. But what a hell of an issue to have to run on." According to a Democratic strategist...
...Congress and the President over the mixture has thwarted meaningful action. Now there are a few signs of movement. Two weeks ago, Johnson offered to trim his budget request for fiscal 1969 by $9 billion-but only if Congress approves his plea for a 10% income-tax surcharge to siphon an equal amount from the U.S. economy. Last week the President called for national "austerity," warned that the dangers confronting the dollar are "immediate and serious." Said he: "The fabric of international cooperation upon which the world's postwar prosperity has been built is now threatened. If that fabric...
...among other things, by the urban Negro's pent-up resentment of the white businessmen who make their living from the slum's daily needs. These white-run enterprises, blacks complain, not only batten on the ghetto's misery by overcharging for shoddy goods but also siphon off their profits from Negro neighborhoods and seldom employ black workers...
...Wallace's strength outside the South. Polls show that his support is insignificant in the East and is only slightly important in the Middle and Far West. Since hostility to the Administration is widespread among farmers, Republicans would do well in the Mid-west even if Wallace did not siphon off Democratic votes...
Continental bondmen fear that Washington will soon clamp down on convertible issues. Many European investors, they report, are simply selling their American stocks to raise cash to buy such bonds. Such sales siphon dollars abroad, and the U.S. can ill afford the extra drain on its balance of payments...