Word: viets
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...some $2.2 billion in equity if the Government takes over. Stockholders have already taken a beating in the market. Since last September, Continental stock V, has fallen from 25¼ to 3½. Said one Chicago investment analyst last week: "This is as if you were in the Viet Nam War and didn't get out on the helicopters. That's what's happening to the stockholders...
That hardly seemed necessary at the time, or for a decade to come. As mayor and later U.S. Senator, Humphrey fought the good fight for civil rights, full employment and the whole postwar liberal agenda. But as Lyndon Johnson's Vice President, he became a cheerleader for the Viet Nam War, alienating many of his supporters, splitting the Democratic Party and losing his own 1968 presidential run. As Author Carl Solberg sadly but honestly notes, Humphrey had many liabilities: he talked too much, he thought too little, he let Johnson humiliate him. But perhaps his biggest mistake...
...Having failed to gain the Democratic vice-presidential nomination in 1956 and the presidential spot in 1960, he saw Johnson's 1964 invitation to join him on the ticket as his last hope. Humphrey wanted to be President so badly that he buried his aversion to the Viet Nam conflict. Johnson abused Humphrey shamelessly, sending him out to stir up support for the war and keeping him uninformed about matters of importance. For a politician, he was perhaps too loyal, too kind. "Wanting to be loved, he was unable to be cruel," says Solberg. "He could make neither...
Throughout On the Yankee Station, Boyd's aspiring lechers either vent or invent grievances all the way from California to France and from Africa to Viet Nam. Yet however exotic the horizon, the foreground is always grungy. The sea along the Côte d'Azur is "filled with weed and feces from an untreated sewage outlet"; Cameroon is "a stinking, sweaty country," of insects and imbroglios; California beaches are littered with derelicts and bums; and just about everywhere, there are washed-out blonds in greasy cafés or easy women who turn out to be hard...
...cruel to call upon the poor to make sacrifices. They don't have much that they can squander in that direction. But in the broad American middle class, and in the enormous generation that came of age in the '60s, that fought on both sides of the Viet Nam question, there is a reservoir of latent idealism waiting to be tapped. Gary Hart almost found it. Mondale and Ferraro may be able to do so if they are sufficiently imaginative and creative to devise the forms into which that idealism might be poured...