Word: hellers
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...economy showed several signs of vigor last week. The dollar set records against the French franc and Italian lira and was worth more than three West German marks for the first time since 1973. To foreign investors, said Walter Heller, who was President Kennedy's top economic adviser, "the U.S. is the safest and most profitable haven around for investment." Bond prices surged on the belief that the Federal Reserve Board is easing its monetary policy. Stocks also rallied. The Dow Jones industrial average jumped 30 points to finish the week...
...combined with huge increases in military spending, are the principal reason for the huge deficit. During the campaign they will hammer on the theme that the deficit and interest rates are "ticking time bombs" set to blow up under the economy, in the words of Walter Heller, former economic adviser to Presidents Kennedy and Johnson...
...into November. The board's verdict: if the financial markets can calm down, the immediate outlook is good. The economy, which grew at a surprising 8.8% annual rate in the first quarter, is sure to slow down, but it is not likely to stall. Said Board Member Walter Heller, who served as President Kennedy's chief economic adviser: "There is plenty of steam left in the boiler...
...Heller warned, however, of several "thunderheads" that could rain on Reagan's re-election effort or generate hailstorms for whoever occupies the White House in 1985. The dangers include rising interest rates, a gargantuan federal deficit, a plunge in the dollar's value, a cutoff of Persian Guff oil supplies, and increasing turmoil in the financial industry as a result of the near collapse of the Continental Illinois Bank and the continuing troubles that major banks are having with loans to Latin American countries...
Directly, Bennie Atencio, the tribal secretary and brother of Domingo Atencio, called on Albuquerque Attorney Scott Borg. The photographer had been identified as Michael Heller, who had published the photographs of the Santo Domingo in the New Mexican, a Santa Fe newspaper. Atencio told Borg that "they wanted to sue them and sue them to make them hurt...