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Phone companies contend that state regulations prevent them from censoring messages carried over their wires, and many courts have agreed, striking down various efforts to restrict the services. But there have been two rulings that give hope to the antiporn forces. In Arizona and Florida cases, federal appeals courts drew a distinction: government action against dial-a-porn might violate the First Amendment, they said, but as a matter of private policy, phone companies could turn away purveyors of such services...

Author: /time Magazine | Title: Law: Reach Out and Touch Someone | 12/21/1987 | See Source »

Other scholars contend that the low saving rate is mainly a problem of definition. Much of today's saving, they say, has become institutionalized through corporate pensions and profit-sharing accounts. But the money that companies contribute to these plans on behalf of their employees is not counted by the Government as personal savings. Moreover, some economists point out, consumers are big savers in comparison with the free-spending Federal Government. Declares M.I.T. Economist Franco Modigliani, who won the Nobel Prize for his research on the behavior of savers: "It is the Government that is gobbling up our savings with...

Author: /time Magazine | Title: Fighting The Urge to Splurge | 12/14/1987 | See Source »

...became immensely popular as income shelters. Total IRA contributions grew from an estimated $28 billion in 1982 to $45 billion in 1986. Many economists argued, though, that IRAs did not spur new saving, but simply encouraged the shifting of funds from other investments. Advocates of the retirement accounts, however, contend that IRA contributions were just beginning to spur greater thrift when they were restricted in 1986, and that they would provide a powerful stimulus for saving if restored. The problem with restoring the IRA deduction is that the tax break would swell the federal deficit unless the change was offset...

Author: /time Magazine | Title: Fighting The Urge to Splurge | 12/14/1987 | See Source »

Though some editors, like Frankel, contend that the press has "nothing to apologize for" because the "issue is the character and nature of our public officials," others feel anguish about the curdling effect on political debate. One undesirable consequence is that able candidates may pass up the fray. The prospect of intrusive coverage ransacking family history seems to have been a factor in discouraging several "possibles" from becoming "actuals," including New York Governor Mario Cuomo, Ohio Governor Richard Celeste and Arkansas Senator Dale Bumpers. In interviews with young potential leaders, the New York Times last week found unease. "If things...

Author: /time Magazine | Title: Press: Rethinking The Fair Game Rules | 11/30/1987 | See Source »

...check as quickly as they would," says Shelly Mandell, 45, a lawyer in Los Angeles. "It doesn't insult their manhood if we make more money than they do." Nor do young partners feel threatened by a woman's aggressiveness in the bedroom. As a result, women contend, sex is better, more inventive. Though such pairings have long been regarded as "unnatural," supporters argue that they are biologically astute. Since men reach their sexual peak around the age of 20, and women attain theirs in the 30s, sex drives are better matched. Says Jessica Myers, 43, a fund raiser...

Author: /time Magazine | Title: Sexes: Season Of Autumn-Summer Love | 11/30/1987 | See Source »

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