Word: siphoning
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...indicated that he is wary of sitting down with the Russians with that episode so fresh in memory. But unless he gets down to serious talks on arms control, the danger exists that the two nations will embark on a race to build anti-ballistic-missile systems that will siphon off tens of billions of dollars from urgently needed domestic programs in both countries. Moreover, Nixon insisted during the campaign that the U.S. faces a "security gap" and must not permit the Soviets to achieve anything approaching nuclear parity. In the Brookings report, Carl Kaysen, director of Princeton...
...main thing is what they (the poor nations) can do," he stressed, "but we can help." American foreign aid is destructive, he said, because it is given in loans attached to trade agreements which siphon off the country's capital and lower the quality of its imports...
According to John Becker, president of Becker Research Corporation, a firm that has polled for Governor John A. Volpe (R-Mass.) and Senator Edward W. Brooke (R-Mass.), there is a "hidden" Wallace vote that will siphon off potential Nixon strength...
...Coop cannot invest its money, it could simply donate it effectively. The new board would have several alternative sources for such charity. Presently they could either siphon it out of the Coop's profits, but then it would be taxable and would mean a further reduction in patronage refunds; or they could take it from the Coop's annual charitable contribution, which amounts to about seven thousand dollars, six thousand of which goes to the Community Fund. The Coop just does not have very much money. What money it does earn, it either pays back to the members or plows...
...South and Humphrey in the North may be at least partly wrong. In Southern and Border states, he does threaten Nixon. A late Wallace surge could give the Alabamian five more states?the Carolinas, Tennessee, Florida and Arkansas ?and swell his electoral vote to 91. Or it could siphon enough votes away from Nixon to enable Humphrey to eke out a few unexpected victories. In the North, Wallace is cutting into the normally Democratic blue-collar wards. But a substantial number of those votes might have gone to Nixon this year because of the "law-and-order" issue...