Word: streamingly
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...That nasty recession, it went and lowered expectations. But who "did" the recession? Ah, well. The logic of the supply-side stream has slowed to a trickle; why not take another boat? Christen it while Congress is still worried about "old" problems like taxes and spending. Call it the New Federalism. All aboard! Nothing succeeds like "success"; nothing recedes like recess...
...President opened the Cabinet meeting by waving a newspaper dominated by speculative stories on his 1983 budget plans. The leaks must stop, he demanded. So once again a crackdown was ordered on an affliction that, particularly in times of trouble, seems to bedevil every Administration: the unending stream of information from inside the Government to the outside world. Although much of Ronald Reagan's wrath was directed at unauthorized speculation about his economic plans, the latest attempt to fasten loose lips was justified, as under previous Presidents, on grounds of national security...
...Snoopy. Says Rosemarie Tevelow, who oversees Bankers Trust Co.'s investment portfolio of 5.2 million shares in AT&T, the second largest block held anywhere: "I am only modestly bullish on AT&T's future. It is hard for me to put a value on a stream of products as yet uninvented, a marketing operation as yet not in place, and a distribution system that is still largely nonexistent. Conceptually, AT&T's potential is tremendous, just so long as you are aware that if you buy into the company now you are buying a concept...
DIED. Walter ("Red") Smith, 76, Pulitzer-prizewinning columnist whose wry wit and pursuit of what he called "the pure crystal stream of the declarative sentence" made him the most influential and admired sportswriter of our time; in Stamford, Conn. Smith, in the great line of such sportswriter-debunkers as Ring Lardner, Westbrook Pegler and Damon Runyon, kept his subjects at arm's length. "These are still games little boys play," he said. "The future of civilization is not at stake." He gave a strong hint of what was to become his skewed, lifelong approach to a story...
...with lights as they came down the hill. Mud was running like molten lava." Surgeon Robert Rabkin had planned to spend Monday night in his Sausalito condominium, but decided at the last moment to attend a hospital meeting miles away. Leaving home he had a foretaste of disaster: the stream running through the property was a dark, muddy brown. When Rabkin returned seven hours later, his house and car were buried. Says he: "I'd be dead if I'd been at home. There was nothing left, just emptiness and a wall of mud." Around seaside Point Reyes...