Word: commissionâ
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...know, the commission??that I co-chair with Lee Hamilton isn't scheduled to submit its Iraq-policy recommendations until next month, but the situation on the ground is deteriorating rapidly and I felt compelled to offer this unofficial interim report. Your range of options in Iraq has narrowed dramatically. It is possible that the situation is beyond salvage. The remainder of your presidency may be spent managing the international consequences of a historic policy failure. You must change course dramatically and soon. Your stated objectives--democracy, stability in Iraq--can remain the same, but your priorities must change. Democracy...
...that God's will, and not man's, was involved. New Testament Exegete Raymond Brown, probably the premier Catholic scriptural scholar in the U.S., is one of those who are deeply interested in the question of Jesus' virginal conception. Brown?the only American member now on the Pontifical Biblical Commission???has cautiously suggested that the church reopen the question to concentrated scholarly research, at least partly because other Christians are calling the virgin birth into public question. But he is also wary of shocking the beliefs of the pious, and thus spends considerable time explaining biblical criticism to priests...
...that, the President's speech was in many respects a disappointment. Viewers waited to be told how much their paychecks would be permitted to rise over the next year or so. They never heard. Nixon unveiled a Rube Goldberg administrative mechanism, including a new Pay Board and a Price Commission???and he gave only the sketchiest outline of all that (see following story). The President read letters from self-sacrificing citizens who applauded the wage-price freeze even though it had deprived them of raises, appealed for similar patriotism in the marketplace in the months ahead, and promised that...
...interference, are pleading for Government help in combatting their onslaught. The chances are that they will get it; the Government has lately begun to act as if "conglomeritis" is a virulent disease. Half a dozen agencies?including the Justice Department, the Federal Trade Commission and the Securities and Exchange Commission???have begun investigations of the phenomenon. They are worried that the takeover companies may be creating too much concentration of economic power, that some of them have unsound financing and inadequate management, and that they may tempt many shareholders into trading solid stocks for flossy packages of paper...
...method was ingenious. Armour made a public offer to repurchase 20% of its own outstanding shares at $50 each. If successful, the move would have increased Bluhdorn's stake in Armour from 9.8% to 12½%, thus making Gulf & Western an "insider"* under the rules of the Securities and Exchange Commission???and insiders are barred from pocketing short-term profits in their company's shares...