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...deductions offered to business to lower corporate taxes and spur investment. That change might reduce the tax savings to business by as much as $50 billion over the next five years. "Out of the blue . . . just doesn't make sense!" exclaimed Richard Rahn, chief economist of the U.S. Chamber of Commerce. Added Jack Albertine, president of the American Business Conference: "The Administration is gambling that business has to support the Reagan-Boll Weevil compromise. They're probably right." There were indications too that the Administration might restore some help to business...

Author: /time Magazine | Title: Hell Do It His Way | 6/15/1981 | See Source »

...there are cases of wolves in captivity attacking human beings.' I said: 'Of course I was talking about wolves in the wild. I would never use a tame wolf. Take a wild wolf, put it in there, and when the wolf becomes tame, you replace it. [The Greater Jamaica Chamber of Commerce is in stitches.] "Now what I am telling is a true story...

Author: /time Magazine | Title: A Mayor for All Seasons | 6/15/1981 | See Source »

...will announce, to the surprise of no one, that he hopes to remain the 105th mayor of New York for four more years (read eight). He is endorsed by his own Democrats and has already gained most of the Republican organization's endorsements as well. What the Greater Jamaica Chamber of Commerce told him in the afternoon, the Yale Club would tell him that night?that he is a sure thing. Nor did Koch tell the Yale Club anything different than he told the Greater Jamaica Chamber of Commerce, except for talking more about financial issues. Otherwise it was pure...

Author: /time Magazine | Title: A Mayor for All Seasons | 6/15/1981 | See Source »

...armed with poisoned darts and arrows. Arabian assassins in black masks wielding wickedly whistling scimitars. Nazis by the jackbooted legion, including a Gestapo sadist always dressed in black, always giggling in happy anticipation of torturing someone. A cave where tarantulas drop from the ceiling by the bushel. An underground chamber alive with deadly snakes-7,500 of them...

Author: /time Magazine | Title: Cinema: Slam! Bang! A Movie Movie | 6/15/1981 | See Source »

Every night, in the strange chamber that John Kennedy named the Situation Room, anonymous clerks, secretaries and experts in the rites of secrecy assemble a picture of the globe from the preceding 24 hours. It comes, in fragments, from thousands of sources: satellites that scan China, spies watching Warsaw Pact maneuvers near Poland, diplomats who read the Moscow papers and walk in Red Square studying the people...

Author: /time Magazine | Title: The Presidency by Hugh Sidey: Assembling a Global Picture | 6/8/1981 | See Source »

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