Word: chicago
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Dates: during 1980-1989
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...bringing that tragic, pulsating, mythical year into perspective for our first TIME pictorial collector's edition, 1968: The Year That Shaped a Generation. A true child of the '60s, Morrison, now special projects editor, had even planned to spend his honeymoon at the 1968 Democratic Convention in Chicago, until his bride-to-be put her foot down. In 1968, he says, "we tried to capture something of the year's amazing, compelling electricity...
...attacks: the President's efforts to redeem his campaign pledge to slash the tax rate on capital gains from 33% to 15%. Like Dukakis in last year's campaign, congressional Democrats lambaste the idea as an affront to fairness. "I'm not going to tell the wage earners in Chicago that they should pay a higher tax rate than stockbrokers," thunders House Ways and Means Committee Chairman Dan Rostenkowski. There is evidence to support this equity argument: currently, 70% of all capital gains are claimed by taxpayers with household incomes over $100,000 a year...
...thrift industry seemed to meet the proposal with grudging acceptance but a fair amount of grumbling. Healthy S & Ls object philosophically to paying excessive cleanup costs for their fraudulent and incompetent brethren. Says Adam Jahns, chairman of Chicago's Craigin Federal Savings & Loan: "I don't think we should have to pay for serious crimes committed by others." Another complaint by S & Ls is that by combining thrift and banking supervision, the Bush plan may blur the distinction between the two and eventually remove any competitive advantage the thrifts still have, principally the ability to borrow long-term funds from...
This weekend Harvard's oldest comedy troupe. On Thin Ice, presents an improv show in the Loeb Experimental theater tonight and tomorrow night. On Thin Ice has been at Harvard for six years, and models its performances after those of Chicago's Second City, where John Belushi got his start...
...Illinois-Chicago...