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...real problem. Instead, he said, the "erratic swings" in the money supply permitted by the Federal Reserve were forcing up rates. Regan maintained that rising rates, in turn, were fueling inflationary expectations on the part of investors and businessmen and, in the process, deepening and prolonging the recession. To bolster the point, Treasury aides produced charts showing a crazily careening pattern of growth and contraction in the U.S. money supply since last autumn...

Author: /time Magazine | Title: Volcker on the Spot | 2/8/1982 | See Source »

President Horner said yesterday she is "delighted" with the increase, and that Radcliffe will use the unexpected revenue to bolster existing programs, including financial aid and research in women's studies...

Author: NO WRITER ATTRIBUTED | Title: Radcliffe Donations Double; Funds Will Ease Budget Strain | 2/5/1982 | See Source »

...protection they offer. Chicago Sun-Times Reporter Michael Cordts, who went undercover and became a Guardian Angel recruit, drew a disturbing picture of his three-month training. Among his charges: recruits were poorly trained in citizens' legal rights; two violence-prone youths were graduated simply to bolster the size of the chapter; the group was racked by a power struggle between co-leaders dubbed by the rank and file "Mr. Ego" and "Mr. Mouth...

Author: /time Magazine | Title: Guardian Angels' Growing Pains | 1/18/1982 | See Source »

...months the Soviet Union has been gaining a long-coveted foothold in Iran. In mid-October the ruling Islamic Republic Party accepted Moscow's offer to send agents to Iran to strengthen Tehran's intelligence and security forces, as well as bolster the Islamic Guard, the I.R.P.'s military arm. Another Soviet team was dispatched to assist in rebuilding the country's devastated economy. Now the Soviets, in their boldest ploy to date, are pressing Iran to sign a mutual cooperation pact that would effectively draw Khomeini's revolutionary government into Moscow's sphere...

Author: /time Magazine | Title: Iran: Moscow Mission | 1/18/1982 | See Source »

...effort to bolster Core enrollments, Dean Rosovsky announces the public execution of several freshman for failure to pass their Quantitative Reasoning requirement. "If you want to have an educational revolution, you have to break a few eggs," the rotund functionary announces. Cornell, Columbia and Bob Jones University immediately announces capital punishment programs of their...

Author: NO WRITER ATTRIBUTED | Title: 'Hit Squads' From the Quad | 1/15/1982 | See Source »

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