Word: vane
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Dates: during 1970-1979
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Profits are probably the most critical of economic weather vanes. They both measure the current pace of business and offer some vital clues as to whether employers will be able to raise the job-generating capital that is vital to the U.S. free-enterprise system (see ESSAY). In both areas, the profit vane presently seems on target: wavering slightly, but still pointing toward more growth. During the period of explosive recovery in the first three months of the year, corporate profits staged a dazzling comeback from the depressed levels of the nation's worst postwar recession. Then, as many...
...rebounding along with the U.S. economy. "Our business turned the corner with the introduction of the 1976 models," declared Ford President Lee lacocca. Chevrolet General Manager Robert Lund noted that early October truck sales were also significantly higher: 34% above the 1974 figure. "Trucks are always a weather vane for business," he said. "People buy them to make money with them...
...offered an intriguing inducement: he said he would support legislation to assure Nixon's immunity from federal prosecution if he leaves office. Even the House Republican leader, Arizona's John Rhodes, predicted that the Judiciary Committee will vote to impeach. Illinois Republican Congressman John Anderson, a good political weather vane, declared, "This is the penultimate link in the chain of evidence that has steadily been forged to show that there has been a conscious, deliberate effort to obstruct justice. One has the feeling of approaching the final denouement in this drama." He also thought the mystery of the erasure should...
...President "reverses this decision and apologizes for having made it." Another Californian, former Marine Captain George Brokate, publicly threw into a trash can a plaque of appreciation he had received from Nixon for donating $13,000 to his successful presidential campaign. He denounced Nixon as "just another tricky weather vane opportunist politician...
...several years, doctors have suspected a link between aspirin and the prostaglandins, but the findings of the Britons, who conducted their work at London's Institute of Basic Medical Sciences, provide the first persuasive proof. In one series of experiments, Dr. John Vane found that aspirin-like drugs impeded the synthesis of a prostaglandin known to cause fever in cats. In another, Dr. Vane and his colleagues Sergio Ferreira and Salvador Moncada found that aspirin blocked the release of prostaglandins in a dog's spleen that had been removed and kept functioning artificially. In a third, Drs. John...