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Democrats began to take a more relaxed view of the President's program. "Why adopt draconian measures?" said one Senate aide. "There's no magic in a 1 million-bbl.-per-day oil cutback that would deflate the economy and shoot up unemployment. There has still been no coherent, clear explanation why we should put on this hair shirt." Said Democratic Whip Robert Byrd: "Let's take first things first-let's stop the recessionary slide, create jobs, cut taxes." Similar advice came from the citadel of conservative economic policy. Arthur Burns cautioned: "The President...

Author: /time Magazine | Title: THE ADMINISTRATION: Seeking to Head Off a Policy Collision | 2/10/1975 | See Source »

Individualists all, Evangelicals are loath to construct a bureaucracy, and many of them think that church movements should adopt a low profile at a time when the secular world seems hypnotized by power. Nonetheless, after days of debate in Mexico City, the committee set up a loose minimal structure. More important, they decided to appoint a full-time executive secretary and offered the job to a Third World churchman, the Rev. Gottfried B. Osei-Mensah, 40, pastor of the Nairobi Baptist Church in Kenya. Once a sales engineer with Mobil Oil in Ghana, Osei-Mensah holds a bachelor of science...

Author: /time Magazine | Title: Religion: Evangelicals Unite | 2/3/1975 | See Source »

...economic housekeeping. It favored a financial "safety net," funded largely by oil money already flowing through the Western banking system, that would make loans on a more discriminating basis. After meeting in Washington, finance ministers of the ten leading industrial countries came up with a logical compromise: they will adopt both proposals in modified form...

Author: /time Magazine | Title: OIL: Petrodollar Compromise | 1/27/1975 | See Source »

Even Giscard got something from the Paris Summit. The leaders agreed to adopt his proposals for basic institutional changes in the Community, which may eventually prove even more important than a decision by Britain to remain. Giscard received approval for a majority vote on most Community decisions. Until now, each country has been able to exercise veto power on even the most trivial matters; in the future, it will have the veto only on issues affecting its vital interests...

Author: /time Magazine | Title: COMMON MARKET: Summit: Something for Everybody | 12/23/1974 | See Source »

Most often, however, humans attempt to endow their pets with human qualities, deluding themselves and demeaning animals. Many married couples who are unwilling or unable to have children adopt animals instead, embarking on a quasi-parental relationship without the responsibilities and hazards involved in child rearing. "If your romance is going to the dogs," suggests a pet-food-industry publication called Pet Pourri, "you might try a dog to save it." In fact, there are countless cases in which a couple's rivalry for a pet's affection-or occasionally even its sexual favors-ends in divorce...

Author: /time Magazine | Title: The Great American Animal Farm | 12/23/1974 | See Source »

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