Word: unforeseen
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Most businessmen are still basking in the bright glow of second-quarter gains. Leading the earnings parade of manufacturers were the automakers, who were helped by price boosts on the 1976s and an unforeseen rush by buyers to larger, option-filled models that return a fatter profit than smaller cars. General Motors and Chrysler both announced record earnings for the period, $909 million and $155 million respectively; G.M., after paying its stockholders 60? a share in March, will move its third-quarter dividend back up to 85?. Ford's earnings quadrupled over the same period last year...
Barring the wildly unforeseen, there will be none of that at the Garden. The chief suspense is now focused on Carter's choice for his running mate (see story page 12). Says Political Analyst Ben Wattenberg: "The war's over...
Illich supports his thesis with a recitation of medicine's best-known faults: unnecessary surgery, the unforeseen long-term effects of certain "miracle" drugs, equipment malfunctions, malpractice. However justified, they add little if anything new to the case against modern medicine. Illich's attack is more telling when he takes up the extent to which medicine induces people to forgo control over their own lives in favor of getting as much treatment as they can. Says Illich: "Until proved healthy, the citizen is now presumed to be sick." The result, he points out, is "a morbid society that...
When he went to Tehran last week, Federal Energy Administrator Frank Zarb expected to talk only about oil prices. But then a reporter asked an unforeseen question. Was the Iranian government trying to barter its crude oil for U.S. military hardware? Yes, replied a startled Zarb. The proposal was still in its preliminary stages, he said, "and there's hardly anything to comment...
Thus, the field was left to Jimmy Carter. Barring some unforeseen twist, he will be the Democrats' 1976 nominee. There was, at first, no stampede among party leaders to board his bandwagon. New Jersey Governor Brendan T. Byrne called on all 37 fellow Democratic Governors to unify the party by getting behind Carter, but initially drew no response. Still, no one seriously thought that Carter could be stopped...