Word: feds
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Dates: during 1980-1989
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...unit. Nikko is one of four Japanese firms bidding to become primary dealers in Treasury securities, which are bought and sold by the Federal Reserve as a way of controlling the U.S. money supply. But Axilrod stressed that he will do more than simply advise Nikko on possible Fed actions...
...Reagan's successes, both objective and subjective, outweigh his failures. He has presided over one of the longest economic recoveries in recent history, now in its 43rd month, which has been attended by an end to both inflation and the wage-price spiral. Some argue that it was Fed Chairman Paul Volcker's policies that conquered inflation. But Reagan was the catalyst for the recovery. Nine million new jobs have been created during the Reagan | Administration. It was Reagan who, in the aftermath of Jimmy Carter's "malaise" and all that had come before, revived some exuberance of purpose...
...Milwaukee Journal, Reporter Nina Bernstein heard that undefended indigents were being jailed for months because they could not pay $100-to-$300 fines for offenses like jaywalking. She went after the story, helped by clerks who fed records of 899 inmates through a computer. Says Bernstein: "I interviewed the judges last and presented them with the evidence, and they were stunned." The courts freed hundreds of inmates, threw out 20,000 orders for jail commitment and told the county to provide attorneys for poor defendants. The computer's statistics, says Bernstein, "made our case airtight." She adds that without...
...beautiful. Not only would millions of the hungry be fed, but never again would I bite into a sour piece of rubber or peel apart a burger in order to extract the urethane substance like a pair of dirty diapers. Millions and millions of Americans would share in the jubilation. For the few who actually liked the pickles, they would be making a minor sacrifice for a grand cause...
Networking has become big business in the Federal Government too. In the past, each government agency, from the Census Bureau to the IRS, maintained its own computer listings. Now, more and more, these computers are sharing records. To nab draft dodgers, the Selective Service has fed its machines a restaurant chain's 10-year-old computer list of boys eligible for free birthday sundaes. To ferret out welfare cheats, social service agencies compare their rolls with lists of federal employees. And the Reagan Administration is prodding state governments to begin linking the computers that hold state unemployment insurance records, social...