Word: specters
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Dates: during 1980-1989
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...disheartening to know that Michael Jackson, having acquired the publishing rights to the Beatles' music, has decided to cash in on it by making it available for corporate commercialization ((SHOW BUSINESS, May 18)). The specter of Jackson's developing a list of "only 40 ((songs)) you'll ever possibly see in an ad" is an insult to rock music...
Opponents, captained by Washington-based Activist Jeremy Rifkin, have raised legitimate questions about how well these experiments are regulated and monitored. But Rifkin and his supporters have also played on public fears by painting the specter of a biotech Chernobyl -- an experiment gone haywire, spreading man-made germs that could ruin crops, change rain patterns and render large swatches of California uninhabitable...
Sizable shock waves rattled around the world in the wake of the U.S. action, which was prompted by alleged Japanese cheating in the sale of the useful semiconductors and by Tokyo's alleged intransigent protection of its domestic microchip market. Partially in response to the specter of trade confrontation, the Dow Jones average of 30 industrial stocks sank 57.39 points as the week began, its third worst plunge in history. Yet the amazing 4 1/2- year bull market in stocks, fueled in part by billions of dollars in Japanese investment money, recovered quickly, and the Dow closed the week...
Having raised the specter of a foreign economic threat to U.S. security, however, Commerce Secretary Baldrige seemed reluctant to let the issue die down. Last week he called for a top-level Government review to decide on exceptions, where the "national interest is at stake," to a stated policy of unfettered foreign investment in U.S. business. The U.S. Senate also kept the microchip issue simmering. In a 93-to-0 vote, members passed a nonbinding resolution that urged U.S. retaliation against alleged Japanese violations of a 1986 agreement with Washington that was supposed to end unfair trade practices...
...Viet Nams in Central America, no Cuban missile crises or Afghanistan invasions, no oil embargoes. There have been failures like Lebanon and frustrations like Nicaragua. Yet a significant number of experts believe that even if Reagan does not manage to negotiate a reduction in nuclear weapons, the grim specter of World War III, an image relished by demagogues on both right and left, has actually receded a bit. No small part of that legacy is Reagan's insistence on building a better fighting machine and his courage to use it when American interests are threatened. The young Americans who bombed...