Word: feds
(lookup in dictionary)
(lookup stats)
Dates: during 1970-1979
Sort By: most recent first
(reverse)
...project. His starting point was Faces in the News, a booklet published by TIME in 1976 that showed all the magazine's covers since House Speaker Joe Cannon's inaugurating appearance March 3, 1923. Lehnus then tracked down biographical information on each of the subjects, fed them into computer memory banks and cross-referenced them to a fare-thee-well...
...question that begged to be raised throughout the days surrounding the event: What is wrong with a society that causes alienated, frustrated groups of people such as the members of MOVE to arise? If our society is as perfect as the Philadelphia notables claim it to be, then what fed the dissatisfaction and anomie that led MOVE to face self-destruction rather than to surrender to the dominant forces of their age? This question never appeared in all the dozens of articles and editorials that appeared after the shoot-out. Yet the greatest thinkers in history have all mused with...
...University of Wisconsin, Dr. James Allen, conducted a series of tests on rhesus monkeys, the animal most like humans in chemical sensitivity. He found that dioxin administered over a period of months in dosages as low as 550 parts per trillion, caused cancer and eventual death. Allen fed dioxin to monkeys in amounts comparable to those consumed by people eating contaminated fish, vegetables or wildlife. After six months, Allen bred the monkeys; five of the eight conceived, and four aborted in the second month or pregnancy. At the end of his study, five of the eight monkeys died because...
...name? Quite a lot, if the name happens to be Arthur Burns and it belongs to the legendary economist who left the Federal Reserve Board in March after eight years as chairman. Last week, following a quiet little bidding war for his services, the former Fed chief accepted a job as "senior adviser" at the highly influential investment banking firm of Lazard Frères. While Henry Kissinger surely holds the modern pay record for ex-Washington officials in part-time jobs on Wall Street,* Burns will do all right for a retired bureaucrat of 74. His retainer: reportedly...
...Raise interest rates to make dollar investments more attractive. The Federal Reserve moved last week, letting the Fed funds rate (at which banks lend to one another) rise from 7⅞% to 8%, and increasing the discount rate (at which member banks borrow from the Fed) from 7¼% to 7¾%. The U.S. could also try to borrow back some of the tens of billions of dollars now held by nervous foreign investors by offering them Treasury bonds paying compellingly high interest. The danger: interest rates high enough to induce investors to give back dollars might also be high...