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...become economic liabilities, the computer will make a decision to wipe us out because we're not needed. Seeing ourselves as economic entities, we become one of the most potentially potent forces relative to the American economy. We are the margin of profit of every major item produced in America from General Motors cars down to Kellogg's Corn Fakes. We have the power to cut their margin of profit, which is their very reason for being...

Author: By Wallace TERRY Ii, | Title: Getting It Together in the 70's: | 5/5/1970 | See Source »

...scene is slightly exotic-the imaginary South American republic of Camaguay-but the war is of a kind that is becoming all too familiar. American forces are aiding a local dictator in trying to wipe out a terrorizing Communist guerrilla army. What the book amounts to is an intimate, aghast report by an invisible correspondent attached to a mixed patrol of Americans and somewhat loyalist Camaguayans delivering supplies to an isolated camp...

Author: /time Magazine | Title: Books: Thorns in the Flesh | 4/20/1970 | See Source »

...staffers, one of the police said as they left. "We played with you last night; we'll play again. If you get twenty people, we'll get thirty. If you get fifty, we'll get sixty. And if you want guns, we'll use guns. Only we'll wipe...

Author: By Michael E. Kinsley, | Title: Mole Staff Evacuates After Threat of Bust | 4/17/1970 | See Source »

...July. The 725,000 postal workers will get another 8% whenever they, the Administration and Congress can agree on Post Office reorganization. The deal will cost the nation $1.2 billion in the current fiscal year, ending June 30, and $2.5 billion in fiscal 1971. Such expenditures would surely wipe out this year's anticipated budget surplus. To pay for the postal raises, the President asked Congress to increase first-class mail rates from 6? to 10? and to boost second-class and bulk third-class mail and parcel-post rates by 5% to 15%. In addition, he called...

Author: /time Magazine | Title: Business: Labor: The Year of Confrontation | 4/13/1970 | See Source »

...recent months, the practice has not only risen to alarming proportions but has emerged as the symptom of a deep-seated economic malaise. Last year the illegal flight of lire rose to $2.25 billion, enough to wipe out the benefits of Italy's overall trade surplus and create a $1.37 billion balance of payments deficit. A winter wave of strikes cost many industries the equivalent of a month's production. The resulting wage increases (average: 15%) have been followed by rising prices...

Author: /time Magazine | Title: Italy: Flight of the Lira | 3/16/1970 | See Source »

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