Word: trader
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...checked into the Westin St. Francis Hotel's $1,200-a-night Presidential Suite. (The U.S. Government picked up the tab.) Nancy Reagan, in turn, got the London Suite (the irony was accidental). The trio and their courtiers later hooked up at the Trafalgar Room (also happenstance) in Trader Vic's restaurant...
...legs are in shape, and my arm feels good. I can still twist off a few curves, pull the string on a change-up, throw a fair knuckleball, and move the ball around pretty good." Not everyone had such steely resolve. Denny Albano, 42, a Chicago commodities trader who was varsity catcher at Bradley University in Peoria, Ill., trained mostly on four vodkas a day. When he essayed his first indoor swing in 20 years, he shattered the kitchen chandelier...
There are two basic visions of it. Protectionism, in the free trader's eyes: When an economy gets sick, it wants to withdraw from the world. A protectionist psychosis sets in. The invalid retreats into the house and locks the doors and windows and pulls the shades. Hypochondriac, jittery, paranoid, the economic system settles down to feed upon its own inadequacies. It sits in its slippers by the cold furnace and thinks about how well it used to make things, long ago. It disconsolately guzzles Old Smoot-Hawley, far into the night. Then it passes out. Another economy gone...
...impulse to protect American products by tariffs and other means begins to seem irresistible. Politics comes lumbering in. The 1984 election is likely to turn upon the condition of the American economy. Walter Mondale, long a free trader, began sounding like a tough-guy protectionist as he toned up last fall for the presidential race. Congressmen heard the cries from home. The House passed a "domestic content" bill that would have required that American parts or labor must be involved in producing most foreign cars sold in the U.S. The Reagan Administration figured that the bill would prompt retaliation from...
...unwavering bead on the relationship between instincts and in dividual longings. Her women have ambitions but never get too far from the nest; her men have domestic moments but spend a lot of time on wheels. Ruby's lover, Buddy Landon, an itinerant hound-dog and pocketknife trader, gets to town every third Monday. His pickup truck in Ruby's driveway is "as startling as the sight of the 'Action News' TV van." And she hopes the neighbors will take it as a sign of her modern outlook. Sabrina, 20, has a small part...