Carter uses patronage to push for a second term
The column argues President Carter uses federal grants and patronage to shore up renomination chances, citing Florida, Iowa, New Hampshire, and Los Angeles as examples of largesse. It notes census jobs loyalty and warns Iran faces economic peril with hard choices ahead for budget, exports, and military cuts.
MENTIONED IN THIS ARTICLE
Washington
Jimmy Carter
Congress
Carter
Capitol Hill
Florida
Ted Kennedy
Greater Orlando
Hal Straus
White House
Iowa
New Hampshire
Concord
State Capitol
Department of Transportation
Boston
Hugh Galen
Kennedy
DOT
Los Angeles
Tom Bradley
L.A
Iran
Ayatollah
Ruhollah Khomeini
Georgetown University Business Diplomacy Program
Editorials The terrorist business boom threatens business abroad
The Conference Board notes a sharp rise in terrorism against firms and executives, tripling incidents from 1975 to 1978 and signaling another record year in 1979. Kidnappings target businessmen at 55 percent, with ransom norms rising to 5 to 10 million and total take around 150 million since 1970. Firms deploy measures like assumed names and unlisted numbers, and Lloyds of London leads ransom insurance, yet no solution is in sight.
MENTIONED IN THIS ARTICLE
Conference Board
State Department
CIA
Lloyds of London
Three Mile Island panel head cites meat in safety report
Stuart Kizenstat leads an advisory panel on nuclear safety at Three Mile Island. He notes substantial content in the committee's report while discussing broader ideas for living and the balance of costs in heating versus relocation. Jane Fonda comments on being linked to Vanessa Redgrave amid political debates.
MENTIONED IN THIS ARTICLE
Stuart Kizenstat
Three Mile Island
Tom
Jane Fonda
Vanessa Redgrave
Market shifts force investor habit change for stock rebound
AP analysis notes investors moved into debt securities money market funds and pensions over the decade, keeping stock averages flat while GDP rose in current dollars. Recovery hinges on broad shifts in investor behavior across major categories.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Largest U.S. river second after the Mississippi
The excerpt discusses investor behavior from 1972 to 1979, noting the shift away from equities across households, private pension funds, state and local retirement funds, life insurance, liability insurers, and mutual funds. Inflation and high interest rates drove risk aversion and a move toward debt securities as stock markets cooled. Foreign investments also declined.
MENTIONED IN THIS ARTICLE
Merrill Lynch
United States
December 4 in history highlights and birthdays
This day in history notes key events on December 4 including Washington's farewell dinner in 1783 and the 1942 Allied bombings of Italy. It lists political milestones, a 1977 Arab summit walkout, Nixon’s judicial note, and a 1975 Ford visit. Birthday: philanthropist Stuart Mott is 42.
MENTIONED IN THIS ARTICLE
Associated Press
Congress
United Nations
George Washington
New York
Paris
Louis Napoleon
Gerald Ford
Peking
Iraq
Tripoli
United Front
Egypt
Israel
Richard Nixon
Clement Haynesworth
4Th
U.S. Circuit Court of Appeals
Senate
Supreme Court
Andorra Governing Structure in the Pyrenees
Andorra, a principality between France and Spain, has enjoyed sovereignty since 1278. It maintains joint rule by two nominal co-princes, the French president and the Spanish bishop of Urgel, while actual governance is carried out by a 24 member Council-General.
MENTIONED IN THIS ARTICLE
Pyrenees Mountains
France
Spain
Andorra
Urgel
The Oil Shell Game and U S Oil Imports
Washington analysis notes the difficulty of stopping Iranian oil imports while keeping total U S petroleum flows constant. It explains how fungibility and complex swaps among multinational firms can mask origin and destination, challenging government estimates and policies.
MENTIONED IN THIS ARTICLE
Washington
NEA
United States
Department of Energy
Carter
Fred L. Hartley
The
American Petroleum Institute
DOE
Energy
Charles W. Duncan Jr
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