Word: stratagem
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Dates: during 1960-1969
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...relationship between art and abnormality-Orsini's back is the burden of his genius. It compels him to refine everything into art, including cruelty and murder. He even lays a beautifully cunning trap to secure an heir by mating his brother with his wife. Ironically, this perverted, successful stratagem restores his own potency. A brood of his own follows-including another hunchback...
...fight is not quite over. The bill will probably be passed by the Senate, despite the bitter opposition of Senate President (and former Premier) Amintore Fanfani. Even then, the anti-divorce forces have one last stratagem. They will press for a referendum next year to give the Italian people a chance to repeal the law. Said L'Osservatore Romano, the Vatican daily: "Divorce may have a parliamentary majority, but it is not approved by a majority of Italians." That remains to be seen. At any rate, if the bill is enacted and remains in effect even for only...
Shifting Depreciation. An increasingly popular stratagem is for companies to reduce the rate at which they write off -that is, deduct from their taxable income-the cost of new facilities. The results can be astonishing. U.S. Steel raised last year's reported profits 59% above what they otherwise would have been, from $159 million to $253 million, largely by switching from rapid to straight-line depreciation of its huge investment in mills and other properties. The change reduced the amount that the company set aside on its books to reflect the degree by which its plant and equipment wore...
Staticmanship is the way to avoid the disastrous final promotion. It is a stratagem summed up by the classic injunction: "Cobbler, stick to your last." Peter himself, author of two serious books on disturbed children, thinks that one way he has avoided rising to final placement himself is by turning down lucrative consulting offers. This is known as Peter's Parry, and he admits that if most people employed it they would be nagged to distraction by their wives. A more practical technique is Creative Incompetence, or "creating the impression that you have already reached your level of incompetence...
...chub status, but the U.S. Court of Appeals for the Fifth Circuit called the name change a "cynical canard." Said the three-judge panel: "To hold that it was an exempt club would make a mockery of the club exemption, pervert the congressional purpose, and legitimize a mere stratagem. Courts need not be so naive...