Word: traded
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Dates: during 1960-1969
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...simple. By tapping the lucrative American singles market, capitalizing on the now well-established computer dating craze in the U.S., and wrapping it all up into a package tour of a foreign country where the girls all speak English, BOAC could earn a bigger slice of the transatlantic air trade it has to share with American carriers...
Similar U.S. attempts in the past have proved frustrating, largely because drug smuggling is a high-profit, low-risk trade. The new treasure of the Sierra Madre is a traditional sideline crop for thousands of small Mexican farmers. They get up to 40 times as much for a kilo of the prized "Acapulco Gold" as they do for a kilo of corn. In Guerrero state, eager peasants using fertilizer and irrigation can harvest four crops a year. In Tijuana, enterprising merchants package marijuana in 1.8-kilo bricks -gift-wrapped at Christmas time-that cost $35 and contain enough...
...drug agents, who are so poorly paid that they are easy prey to the Mexican ethos of mordida (the bite, or payoff). Operation Intercept may discourage the amateurs who smuggle hemp across the border on major highways. It will probably have little effect on the professionals who dominate the trade. As a knowledgeable Texas border scout points out, "There are areas out there where a small army could cross without detection...
WHILE every special interest has a lobby in Washington, the U.S. consumer does not. Yet he is supposed to have one: the Federal Trade Commission. The FTC was created in 1914, partly to enforce antitrust laws and partly to stop misleading advertising, false labeling and deceptive sales practices-precisely the abuses that are most infuriating consumers now. By all expert accounts, the FTC has failed in its task. Last week a special commission of 16 lawyers, professors and economists appointed by the American Bar Association explained the reasons for that failure. The agency, charged the commission, is a model...
...rather than attack the worst, most destructive aspect of the drug trade, the President has decided to hit the most obvious target. He is aiming at fast results and higher popularity ratings. And he will probably get them...