Word: swellings
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...federal spending. Herbert Stein, chairman of the Council of Economic Advisers, is confident that the frenetic growth of the last two quarters will slow as the boom itself causes more tax money to be siphoned out of the economy (income tax collections grow automatically as pay and profits swell). Shortages of credit and climbing interest rates, in Stein's view, will cool the enthusiasm of businessmen wanting to borrow for further expansion. Perhaps-but meanwhile worries mount. Economist Beryl Sprinkel, an Administration supporter, spoke for many politicians, businessmen and consumers last week when he said, "This is the unhappiest...
...Seeing With One's Own Eyes, shot in a morgue in Pittsburgh, poses a stunning alternative to Hollywood Pavlovian manipulation of audience emotion. Rather than suddenly swell the the musical theme under tragic characters, Brakhage, throughout a thirty-five minute personal interaction with autopsies, permits each viewer of the film to directly confront his own emotions, examine them, understand them. The Myth of Phos continues Brakhage's list of statements about the elements of the film process: light, darkness, projection, grain density, focus, and shadow movement. The Sexual Meditation series also extends established Brakhage pursuits: the tension of suggestion...
...uncommon amount of cash has floated in on nearly every swell of the Watergate mess; some of it inevitably has come to the lawyers. Conspirator E. Howard Hunt, for one, gave his lawyer $25,000 in $100 bills as partial payment of legal fees. Conspirator James McCord claims to have paid his attorney the same amount in the same way. The size of those fees, however, is thought to be minimal compared with some others. New York Attorney Henry Rothblatt, a voluble, flamboyant and highly skilled criminal specialist who represented four of the original defendants, charged them $125,000 even...
...more amicable than might have been expected. The British press gave the Whitlams a markedly friendly reception: MR. DOWN-UNDER COULD BE TOPS, said a Sunday Telegraph headline. The Dally Mail delved into Aussie slang to describe Mrs. Whitlam as "a 'beaut sheila' indeed,"-meaning, roughly, a swell dame. On the government's part, Prime Minister Edward Heath thoughtfully invited the four Whitlam children, aged 19 to 29, who had gathered in London for a family reunion, to join their parents at a state dinner at 10 Downing Street. Whitlam scored points at the dinner by rising...
...Chances that the present spending orgy will falter soon are remote. Employment, wages and dividends are up, and personal income is expected to swell to $1 trillion in 1973. Increased Social Security benefits will pour an extra $32 billion into the spending stream this year. The Internal Revenue Service is in the midst of refunding an estimated $22 billion to taxpayers. This is an increase of between $5 billion and $8 billion over a "normal" year because the Government withheld too much from paychecks last year...