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SOCIAL INSECURITY. David Seidman, 68, once looked forward to a comfortable retirement. He had worked 20 years as a cloth cutter in Los Angeles, earning $160 a week when he left and had invested $8,000 in a savings and loan. But inflation has robbed Seidman of his dreams. "I am now living on social insecurity and a little interest from my savings," he says bitterly. "If I had not had that I would have died...

Author: /time Magazine | Title: Business: Struggling to Cope with These Trying Times | 9/9/1974 | See Source »

...beach that used to be guarded by foot patrols and a Coast Guard cutter has been returned to the public. Last week a stream of strollers made the one-mile trek along the sand from San Clemente State Beach to stare at-and try to peer over-the wooden fence behind the railroad tracks and the 25-ft. bluff behind it. All that the curious could see was the gazebo that was refurbished at public expense and a corner of the main building. Richard Nixon stayed out of sight, as secluded in the Casa Pacifica at San Clemente...

Author: /time Magazine | Title: THE EX-PRESIDENT: In Seclusion | 8/26/1974 | See Source »

With no boat claiming a monopoly on trouble, Sayula II recovered from her dunking in the Indian Ocean well enough to take the lead going into Rio. She is a production-line Swan-65, skippered by Mexican Millionaire Ramon Carlin. Adventure, a British navy cutter that has changed crew in every port of call to give more sailors "adventure training," is a distant second...

Author: /time Magazine | Title: Sport: Racing Magellans | 3/11/1974 | See Source »

...explanation to the author's children. But then the author does not look like at first a likely candidate for greatness either. There is a little bit of shaggy dog about his longish brown hair and moustache, and his burly build reminds one of his days as a stone cutter--he made grave stones, like little Oskar in The Tin Drum--and as a sculptor, before he began to write. He deliberately rolls a cigarette while answering questions, and his time on the campaign trail for Brandt's socialists has taught him not exactly to dodge difficult questions...

Author: By Phil Patton, | Title: Vocal An' Aesthetic | 9/27/1973 | See Source »

...very easily anyway. So reveling in their new-found security, brine-bitten capos can be seen piloting sleek craft off Long Island, putting proudly into port in Brooklyn and The Bronx. Though they favor yachts, one captains a converted Coast Guard cutter, while another is suspected of navigating a lobster boat-long after the lobster season has ended. Not every mobster can afford to "suffer a sea change into something rich and strange." The less affluent Gallo brothers, still recovering from the decimation of their gang, have to be content to splash around in a swimming pool they have built...

Author: /time Magazine | Title: The Nation: The Mafia Afloat | 8/13/1973 | See Source »

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