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Whether the Reagan proposal can be the basis of serious negotiation depends largely on three factors: 1) whether the Soviet leadership, in the midst of its transition to the post-Brezhnev era, can absorb what may initially come as a shock, then respond with a constructive counterproposal; 2) whether the Reagan Administration is prepared to make substantial compromises in the negotiations for an eventual agreement; and 3) whether the Congress will continue to support the Administration's extremely expensive defense plans, which constitute the "or-else" inducement for the Soviets to bargain...

Author: /time Magazine | Title: Time to START, Says Reagan | 5/17/1982 | See Source »

...American Government or pre-Communist regimes in their countries, or if they can prove they are political dissidents. In an explanatory message to the office of the United Nations High Commissioner for Refugees in Geneva, the State Department argued that the U.S. does not have "an unlimited capacity to absorb all of those who depart their homeland in Indochina...

Author: /time Magazine | Title: No More Room for Refugees | 5/10/1982 | See Source »

...definite margin of superiority," he said. "I think that a freeze would not only be disadvantageous-in fact even dangerous-to us with them in that position, but I believe it would also militate against any negotiations . . . The Soviets' great edge is one in which they could absorb our retaliatory blow and hit us again...

Author: /time Magazine | Title: A Deadly Dilemma | 4/12/1982 | See Source »

Senator Edward Kennedy, a leading advocate of an immediate nuclear freeze, took particular issue with Reagan's assertion that the Soviets could "absorb" a U.S. retaliatory blow "and hit us again." Said Kennedy: "In the event of a Soviet first strike, the U.S. would still have at least 3,500 warheads to retaliate, enough to make Soviet rubble bounce from Moscow to Vladivostok." President Carter's National Security Adviser, Zbigniew Brzezinski, voiced a common view: "The strategic balance between the U.S. and the Soviet Union is one of ambiguous equivalence-in some respects we are ahead...

Author: /time Magazine | Title: Nuclear Arms: Who Leads? | 4/12/1982 | See Source »

...earning only an average of 10.1%. Richard Pratt, chairman of the Federal Home Loan Bank Board, said last week that about 80% of the 3,900 federally insured savings and loan associations lost money in 1981 and that some 400 of them will run out of capital to absorb losses by the end of the year unless interest rates fall sharply...

Author: /time Magazine | Title: Striving to Boost Savings | 4/5/1982 | See Source »

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