Word: wonderful
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Dates: during 1970-1979
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...premonitions of its own decline. Jimmy Carter conceded that a recession was settling in; more apocalyptic imaginations foretold worldwide depression. In the U.S., motorists formed predawn gas lines, like clients at methadone clinics, to await the fuel that had so abruptly become precious. Americans could idle there and wonder if their houses would freeze in the winter, when the last heating oil guttered out of their tanks. Raised on a gospel of infinite resources, they bitterly blamed conspiracies: Arabs, oil companies, middlemen. They also gave Jimmy Carter the second lowest rating of presidential approval in the history of American polltaking...
...from vice president to chairman and chief executive of American Motors. Economics Professor Marina Whitman will start next month as chief economist and vice president at General Motors. The biggest losers among the businessmen were Arthur Taylor, eased out of the presidency of CBS, and Richard Kattel, the boy wonder of Atlanta's go-go banking days, who resigned his chairmanship of Citizens and Southern National Bank. The Comptroller of the Currency had classified $11 million of the bank's loans as questionable...
...Alan M. Dershowitz, 40. The student editors of the Harvard Law School Bulletin seldom lavish praise on the faculty, but for Dershowitz they made an exception. As the Bulletin put it, "He energetically attacks discrimination, represents criminals and defends the rights of others to defend themselves." The onetime boy wonder from Brooklyn (he was a full professor at Harvard at 28) admits to being "an extremist" on civil liberties. His credo: "If there is discrimination against anybody, there is discrimination against everybody." He has fought for the rights of American Nazis to speak and assemble, and successfully defended Actor Harry...
...Wonder Fuel that can not only drive cars, heat homes and produce electricity but may also be brewed out of kitchen garbage? All this is possible with Ch 2 H 5 OH, which is better known as grain alcohol or ethanol, the stuff that provides the kick in gin and whisky. Ethanol was used decades ago to power early automobiles, only to fade when plentiful supplies of cheaper gasoline became available. Now that gas is getting scarce and costly, the fuel is coming back...
Even so, Carter's handling of the mass firings caused Europeans to cluck in wonder. A high-ranking West German Foreign Ministry official asked: "Is this serious, or is this just a great religious exercise for the soul?" Oslo's middle-roading daily Verdens Gang called the Washington situation a "circus" and a "balancing act without a safety net." Concluded London's conservative Daily Mail: "From this side of the Atlantic, Jimmy Carter's frenzied efforts to revive his personal standing with voters before the next presidential election look more like a narcissistic charade than...