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...first, Charles Schultze, chief presidential economic adviser, wanted to adopt it. But then the Business Roundtable, which is composed of corporate chief executives, denounced it as unworkable, and labor leaders argued that it placed unfair restraint on collective bargaining. Thomas G. Moore, a senior fellow at Stanford's conservative Hoover Institute, dismisses both TIP plans as "gimmicks." Says he: "They are just a hidden form of wage and price controls, pure and simple." Barry Bosworth, President Carter's chief of the Council on Wage and Price Stability, complains that the Okun plan would require a whole new bureaucratic machinery...

Author: /time Magazine | Title: Business: Search for Stagflation Remedies | 3/6/1978 | See Source »

Much of the book centers on the intrigue between the CIA and the FBI over Nosenko's credibility. Disinclined to believe him, the CIA drew up 44 questions that it wanted the FBI, which was debriefing Nosenko, to ask him. The FBI'S J. Edgar Hoover refused to permit such questioning. The reason, according to Epstein, was that Hoover took pride in the information he was getting from another alleged KGB defector, called Fedora. Fedora had verified some portions of Nosenko's story-and if Nosenko had been shown to be a false defector, that would have...

Author: /time Magazine | Title: Nation: Was Lee Oswald a Soviet Spy? | 2/27/1978 | See Source »

Your cartoon with "Hoover's Home Improvements" [Jan. 23] made me realize why J. Edgar Hoover had FBI men do his repair work. Since bugs or bombs could have easily been planted by repairmen, wasn't it safer and more economical for loyal employees to do the work? An alternative would have been to hire outside help and assign a loyal agent to watch each repairman...

Author: /time Magazine | Title: Letters, Feb. 20, 1978 | 2/20/1978 | See Source »

...find King a revelation. The struggles of Montgomery and Birmingham, of Selma and Chicago are all re-enacted with corrosive force. So, too, are the many efforts to block King's progress, whether by thugs or Southern sheriffs or J. Edgar Hoover. Against this tumultuous background, King's courageous devotion to nonviolent activism assumes appropriately heroic proportions...

Author: /time Magazine | Title: Television: Truths and Consequences | 2/13/1978 | See Source »

...score, bases loaded, two out, ninth inning, full count. Let's see what you got," barks the Red Sox' greatest slugger, Ted Williams. Cincinnati Reds Star Hurler Tom Seaver tosses a pitch, and Terrible Ted trots calmly to first base. The scene at Williams' alma mater, Hoover High School in San Diego, will air in the spring on the syndicated TV show Greatest Sports Legends, to which Seaver is playing host this year. At lunch in Manhattan to pitch the show, Williams, 59, who in his heyday earned $125,000 a year, defended today's well...

Author: /time Magazine | Title: People, Jan. 30, 1978 | 1/30/1978 | See Source »

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