Word: tailspins
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...during the week, the Dow-Jones industrial average climbed 23.55 points, the largest one-week rise since October. Ultimately, in assessing the entire economic situation, Johnson will probably turn his decision mainly on the tight-money problem. A shortage of mortgage money has sent the housing industry into a tailspin (see U.S. BUSINESS), shaking up businessmen in a dozen allied fields and clouding the outlook for the entire private sector of the economy. A Western Populist with an instinctive distaste for high interest rates, Johnson in the past two weeks has ordered federal agencies to pump $750 million into mortgage...
Thoughts of the Straus Trophy went through players minds when the Leverett Bunnies squared off against Eliot. The Elephants prevailed, 3-0, and sent the Bunnies into their current tailspin in which they've lost three straight...
Because 75% to 80% of all convictions for serious crimes are based on presumably voluntary confessions, police and prosecutors have been in a tailspin ever since. Does Escobedo apply only to precisely similar situations? Or does it mean that police failure to advise a suspect of his rights to counsel and to silence automatically invalidates his confession? If interrogation requires the physical presence of a lawyer, will he not obviously advise his client to say nothing? Worried police officers now fear that as a result even valid confessions will be virtually eliminated. The Supreme Court has let 13 months pass...
Britain has warned that it would regard U.D.I, as "rebellion," break relations with the outlaw regime and impose an economic boycott, which would throw thousands of whites out of work and send the economy into a tailspin. Opposition Leader David Butler, 37, a wealthy tobacco farmer, was well aware of the consequences. "The Rhodesian way of life would be ruined by U.D.I.," he warned. "It is a way of life that depends on economic prosperity...
...publicly resigned from the Republican Party. Geerlings, chairman of the senate tax committee, accused Romney of supporting the biggest budget in state history ($633 million), and "getting it by twisting the arms of Republican legislators." Romney, he raged, had "kicked farmers in the teeth," "thrown small business into a tailspin," and had taken credit for measures passed by the legislature. "I am tired of the front office taking credit for going from payless paydays to a $60 million surplus. The payless payday, as everybody knows, was a hoax. And the surplus is due to legislation passed...