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Some business economists are concerned that the bill could lower overall growth by crimping business investment. But the impact will depend largely on factors that are difficult to crank into a computer. Says Ira Shapiro, director of tax policy for the accounting firm Coopers & Lybrand: "The changes are so dramatic that they will alter the way people invest and consume as well as business strategies across the board...

Author: /time Magazine | Title: The Making of a Miracle | 8/25/1986 | See Source »

...loans, some of them interest free. Today, polls show that he is the only Reagan aide whose negative ratings exceed his positive marks. Liberal fund raisers, who find it difficult to run campaigns criticizing the popular President, have discovered that political literature condemning Meese can inspire generous donations. Ira Glasser, executive director of the American Civil Liberties Union, dubs the Attorney General the "James Watt of the Constitution...

Author: /time Magazine | Title: Reagan's Moral Point Man | 7/21/1986 | See Source »

...Exchange Commission snared Dennis Levine two months ago in the biggest insider-trading case ever, jittery Wall Streeters were sure the scandal would spread. Last week it did. Robert Wilkis, 37, until June a first vice president of E.F. Hutton and at one time with Lazard Freres, and Ira Sokolow, 32, a former vice president of Shearson Lehman Bros., were accused in a civil complaint drawn up by the SEC of conspiring with Levine, 33, a former managing director of Drexel Burnham Lambert, as part of an insider-trading ring. They allegedly enriched themselves by using or selling important advance...

Author: /time Magazine | Title: Finger Pointing: Wall Street's scandal grows | 7/14/1986 | See Source »

...away from freedoms. Democracy and freedom, fraternal twins and sibling rivals, do not always get along well with each other. The genius of the Founding Fathers was in their construction of a legal and political system that protected minorities from the possibility of a tyranny of the majority. Says Ira Glasser, executive director of the American Civil Liberties Union: "They recognized for the first time ever--and pretty much for the last time--that individual liberty, equal rights, etc., are not assured by democracy. The flaw in a democratic system is: What about the minority, whether religious, political, sexual...

Author: /time Magazine | Title: Freedom First | 6/16/1986 | See Source »

...tied to a dead Chevrolet Parkwood station wagon, and out back of the little house were 40 fresh-plowed acres. A dark, blustery front was coming in from the west. On the porch sat Jack Owens, a black man with startling blue eyes, and with him was a friend, Ira Hudson, who volunteered, "I'm doing fine for a 75-year-old pap." Owens got out his twelve string Silvertone guitar from Sears, Roebuck, and you could see dust buildup on all the lower frets that a bluesman never fingers. Spires accepted an A harp from Owens, removed a wooden...

Author: /time Magazine | Title: In Mississippi: Visiting Around | 6/9/1986 | See Source »

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