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...could be the silver lining in the reform," says Jerry Jasinowski, economist for the National Association of Manufacturers, a group that is otherwise expecting taxes to rise for many of its members under the new plan. Any stimulative kick from interest rates would reinforce the boost supplied by the con sumer tax cut, which should give the average household 6.1% more to spend each year...

Author: /time Magazine | Title: Trading Breaks for Lower Rates | 8/25/1986 | See Source »

Critics say this costly program has suffered from inept management and a failure to prepare Indians for a bewildering new world of utility bills, car payments and real estate con men. "You can't take Indians off the land, drop them in the middle of a subdivision and expect them to survive," says Lee Brooke Phillips, a lawyer for the Navajo resisters. "People are losing their homes. Their families are being broken...

Author: /time Magazine | Title: Bury My Heart At Big Mountain | 7/7/1986 | See Source »

...cover blown. Published last month in the U.K., John le Carre's eleventh novel could hardly pass review without someone noting that the main character is a British intelligence officer, as was the author, and that another persona is a dead ringer for Le Carre's father, a notorious con man named Ronald Cornwell...

Author: /time Magazine | Title: Books: A Tale of the Acorn and the Tree a Perfect Spy | 4/28/1986 | See Source »

After last week's vote, Republican Leader Bob Michel charged that the Democrats were playing a "variation of the old con game, 'Heads I win; tails you lose.' " Declared Michel: "We refuse to play." Recognizing that he had been outwitted, O'Neill withdrew the measure. But where did that leave the contras? In confused limbo. The Senate has approved the President's aid request; the House has not. Michel announced that he intends to seek a "clean" vote on the funding by rounding up the required signatures of a majority of the House (218 members) to bring a bill directly...

Author: /time Magazine | Title: Nation | 4/28/1986 | See Source »

Italy's tainted-wine scandal con- tinued to spread in ugly fashion last week. More than five weeks after a number of vintners were first discovered to be adulterating their low-priced table wines with methyl alcohol, which is more commonly used as a paint solvent, at least 22 Italians had died and about 90 others were hospitalized after drinking the contaminated product. As the death toll rose, the Italian government listed some 300 labels as suspect, prompting worldwide concern and threatening the country's $953 million wine-export trade...

Author: /time Magazine | Title: The Dregs of a Deadly Scandal | 4/21/1986 | See Source »

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