Word: wrench
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...world is less familiar only because it is ordinarily more private, often downright obscure. The most obvious personal wounds of joblessness are often easy to spot, as in the language of Ronald Poindexter, 34, a Washington bricklayer out of work for six months: "I feel sick." But the profound wrench of unemployment is not often disclosed as plainly as in the reflection of Connie Cerrito, 52, of New York City, who last July lost the cosmetics factory position she had held for 35 years. Says Cerrito: "My job was my whole life. That...
This is not exactly a novel scenario; the scarier financial writers have been mulling it over for years. But there is something brave about Rollover It undertakes to explain, in dramatic terms, how the international monetary system functions and to speculate on how a monkey wrench could be inserted into the computerized, satellite-linked works by which currency is instantaneously traded round the world. Someone whose most sophisticated investment was a flyer in 1944 war bonds may not be able fully to assess these maneuvers, but it is nice to be asked...
Proposition 2 1/2--the rash, extreme tax cut approved a year ago by Bay State voters--had thrown yet another monkey wrench in the workings of city government. Fagone and his DPW crews were operating at half speed this weekend, and as a result the city's streets were unnecessarily slick and dangerous, and the city's public schools needlessly closed. And it will be worse next time, for the DPW budget is now drained. "It's going to be an enjoyable winter," Fagone said with a grim chuckle. "From now on, we're just going to watch it fall...
...took over BL in 1975, the British government has invested $4.4 billion, much of it to modernize the company's production facilities. Yet the problems persist. Workers, already far less productive than their foreign competitors, are prone to going out on strike at the drop of a wrench. BL's management has often been slow to prune outmoded, unprofitable car lines or to react to changes in the auto market. The company, for example, stopped exporting Land Rovers to the U.S. in 1976, mainly because of a shortage of capacity, and thus missed a boom in sales...
Last week, however, Fuchs threw a wrench into district 65's master plan, overruling Walsh and certifying the results of last spring's vote. The union will ask the NLRB's Washington office to review the case, Rondeau said this week. In addition, District 65 will start the entire process in motion again, filing a petition with the NLRB in February for an April election (the earliest date possible according to labor law). Thus the union will continue its organizing efforts this winter in the hope that the third election will finally grant a victory...