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...saga that began in a bar near the White House on a December afternoon in 1974. Huddled at a meeting arranged by Wall Street Journal editorial writer Jude Wanniski were Cheney, then the deputy chief of staff to Republican President Gerald Ford, and Laffer, who was teaching at the University of Chicago's business school after a stint in the Nixon White House. In trying to explain to Cheney why a tax hike mooted by the President might not be such a great idea, Laffer drew a chart on a napkin that showed government revenues increasing as the tax rate...

Author: /time Magazine | Title: Tax Cuts Don't Boost Revenues | 12/6/2007 | See Source »

...Still, most of the recordings capture the normal, sometimes tedious chatter of young men. They drink coffee at Dunkin' Donuts and debate the merits of Ford vs. Chevy; they drink coffee and talk about their dismay over the war in Iraq; they drink coffee and talk about fishing. They play paintball and fire guns at snowballs lofted into the air. "I like to joke with these guys that they're like Albanian rednecks," says Michael Riley, attorney for Shain. There is something about the men's behavior that seems like that of kids at play. "It's like they were...

Author: /time Magazine | Title: The Fort Dix Conspiracy | 12/6/2007 | See Source »

...dollar ministries does raise First Amendment issues, but they're easy to deal with [Nov. 26]. While the government can't investigate whether Prosperity gospel is good theology, it must act upon probable cause if it believes that commercial activity is being conducted under the guise of religion. Otherwise, Ford Motor Co. could simply rename itself the Church of Our Ford and decline to pay taxes and comply with the Fair Labor Standards...

Author: /time Magazine | Title: Inbox | 11/29/2007 | See Source »

Rubin Sheds One Board Post But Vows to Keep Another (August 29, 2006) Harvard Corporation member Robert E. Rubin ’60 has resigned from the board. No, not that board. In fact, although Rubin stepped down from Ford Motor Company’s board last Thursday, he says he has no plans to leave Harvard’s executive board any time soon...

Author: By Jamison A. Hill, CRIMSON STAFF WRITER | Title: In Rare Appearance on Campus, Corporation Fellow Speaks of Uncertainty in Financial Markets | 11/20/2007 | See Source »

...start at around $6,000. Even some of the oldest and most august establishments were threatened by rents that had jumped 50% in 10 years. The street also faces growing competition, both from cheap Asian knockoffs and from expensive made-to-measure suits by luxury brands such as Tom Ford and Giorgio Armani. "But now, at least, we're fighting back," says Anda Rowland, vice chairman of the venerable tailoring firm of Anderson & Sheppard. And, according to the industry's 14-member association, Savile Row Bespoke, it's seeing signs of success...

Author: /time Magazine | Title: Tailor-Made Revival | 11/20/2007 | See Source »

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