Word: friedmanism
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...economist said the court's removal of Gramm-Rudman's mandates will not improve the process of agreeing on a budget. Congress and the Administration will probably return to a stalemate about where and how to reduce the deficit, said Benjamin M. Friedman, Harvard professor of economics...
...There's no question that Congress would liketo lower the deficit, but their methods of gettingthere--decreasing military spending and taxincreases--are not acceptable to theadministration," said Friedman...
...lawyer described all the ways he could shelter his six-figure income. "I wasn't just a player," he recalls. "I was a depreciable asset." On one road trip, when his teammates went to the movies to unwind, Bradley curled up with heavy tomes by Economist Milton Friedman and Tax Specialist Stanley Surrey and first read that tax rates could be greatly lowered if loopholes were closed...
...specific charge against Presser is that as secretary-treasurer of Local 507, he colluded with two other officers--President Harold Friedman and Recording Secretary Anthony Hughes, both also indicted--to embezzle some $700,000 in union funds, allegedly to pay the salaries of three phony employees, including his uncle. Although conviction could bring Presser up to 51 years, imprisonment, he dismissed that possibility. "For five years the Federal Government has attempted to build a case against me but has succeeded in building nothing more than a house of cards," he said. Agent Friedrick had been supervisor...
Last week Lindenauer was also charged with making "false representations" to gain a $22.7 million parking-bureau computer contract for Citisource, a company partly owned by Stanley Friedman, the Bronx Democratic Party leader and a Koch supporter. As the scandal was breaking, Lindenauer's supervisor, Transportation Commissioner Anthony Ameruso, resigned, as did the director of investigations, the city's anticorruption chief. As many as eight separate city, state and federal investigations are looking into allegations of corruption within various city agencies. "My administration," Koch admitted ruefully, "lost the distance and the controls I had to maintain in order to avoid...