Word: lastly
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Dates: during 1970-1979
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...become the lightning rod of criticism against the FTC. An ebullient, Yale-trained lawyer with a crusader's rapid-fire zeal, Pertschuk has further raised the ire of both congressional leaders and business. Senator Ford accuses him of turning the agency from law enforcement to social planning. Last year a federal judge banned Pertschuk from all involvement in the children's television case, concluding that he had become too biased against the cereal companies. Other critics charged that Pertschuk was an intemperate, excessive regulator. In the past few months the chairman has softened his voice, and he even...
...recommended canceling commission plans to force undertakers to disclose their prices fully and in advance. Representative Bill Frenzel of Minnesota suggested that every FTC staff member and all five commissioners "should spend 20 years at hard labor filling in their own asinine forms." The Senate Commerce Committee voted last week to bar the agency's action to regulate television ads aimed at children, to halt an investigation of the insurance industry and to restrict the commission's subpoena powers...
Edward Kennedy: Though his advisers include Keynesian luminaries Walter Heller, Joseph Pechman and Arthur Okun, Kennedy is playing down his 17-year Senate record as a liberal Big Spender and emphasizing his economic "pragmatism." Last week Mobil's outspoken public affairs vice president, Herbert Schmertz, joined the Kennedy campaign staff as a top media adviser, even though Schmertz has repeatedly condemned the Senator's attacks on the oil industry. Kennedy supports the budget-paring efforts of Carter, but he fought this year to protect social spending programs from major cuts and co-sponsored legislation for such programs...
...economists, including Charls Walker, Murray Weidenbaum and Albert Cox, are threshing out positions for him on everything from a value added tax (he sees merit in the idea but thinks it falls too harshly on those who earn the least) to a constitutional limit on spending (only "as a last resort"). Connally favors faster write-offs for capital investment, proposes large new jolts of defense spending and wants deep, budget-wide cuts in just about everything else, basically by allowing attrition to whittle the federal payroll. To increase trade he, along with Reagan and Brown, calls for a North American...
...about as much as management seemed willing to grant the lesser dancers all together in raises. So bitter were feelings that the company canceled performances, while superstars like Gelsey Kirkland joined the picket line. Last week. Godunov complicated things by abruptly resigning from the A.B.T. before ever dancing a single pas because he had become an issue. Not so, insisted the dancers in a group note urging him to reconsider and requesting "the honor and privilege of being your friends." Balletomanes are awaiting the next act with understandable interest...