Word: watchdogging
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Dates: during 1970-1979
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...could use credit for the rest. Today, under a Federal Reserve rule, customers have to put up at least 50% of their own funds. The Fed can also slow bank credit to stop speculation from feeding a boom, a step it took last week. In addition, there was no watchdog Securities and Exchange Commission in 1929 (it was set up in 1934). Today the SEC closely polices financial markets to stop inside dealing and fraudulent company reports, which were rampant in the '20s. While a stock market fall is always possible, it is less likely now to ripple through...
...respond to Laurence Grafstein's review of The Best Little Whorehouse in Texas. Apparently, Mr. Grafstein has done little or no research into this musical; this is evident from several of his groundless criticisms. The most glaring example is his description of the investigative reporter, Melvin P. Thorpe of Watchdog News. It is a "contrived role," a "suitable Dan Rather imitation...
...possibly one of the most contrived roles ever, Hogan's Heroes regular Larry Hovis does a suitable Dan Rather imitation as gospel-spitting Melvin P. Thorpe of Watchdog News. Melvin is "the eyes and ears of Texas." He has unearthed candy-bar scandals and sets out to prove that, yes, the Chicken Ranch of Gilbert is indeed a house of ill-repute. Melvin, a particularly cloying character who sports red, white and blue underwear, would be innocuous if not for his southern-Bible-Belt style of self-righteous reportage. The perpetuation of yet another overworked stereotype eclipses the attempted parody...
...Zamboanga City, a building contractor complains that the illicit kickbacks he is forced to pay to obtain government contracts have jumped to 20%. Nowadays, he adds, even "someone from the Government Auditor's Department [supposedly an anticorruption watchdog agency] comes along and demands his own payoff to keep quiet...
Some crime commissions are not very aggressive. Chattanooga's is mainly a public relations liaison, run by the Chamber of Commerce. Philadelphia citizens crime commission Executive Director Ian Lennox calls his organization "a very friendly watchdog" and is worried that it lacks clout. But he states that "any community is poorer without...