Word: local
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Dates: during 1970-1979
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...know it today was invented one night in 1965 when CBS' Walter Cronkite conducted television's first regular half-hour newscast as if he had been born at his desk, all-wise and all-seeing. The anchor concept has held firmly, and for network and local newscasts everywhere, that...
...Evening News, with lesser known journalists scattered around the world. If anyone remains in charge, it will be veteran Correspondent Frank Reynolds, who will introduce and frequently report stories from his post in Washington. Peter Jennings will sort out foreign stories from London. Max Robinson, until now a local TV newsman in Washington, will handle news from Chicago, and a fourth news desk will be set up later in Los Angeles. Barbara Walters will stay on in New York to do interviews and special reports, and Harry Reasoner will be locked in a closet...
...would drastically cut property taxes. You see it in people leaving New York State by the thousands and fleeing Massachusetts for New Hampshire. The attraction of the Sunbelt is not just the sunshine but that there is no income tax in Texas. Just about anywhere in the country, if local authorities try to raise taxes, citizens come over the wall in protest...
...called Laffer Curve, is that when taxes go up, economic activity goes down. Empires from Rome to Britain reached their fullest flower when their taxes were low, Wriston remarks, and started to self-destruct as taxes rose. Americans feel uneasy about their economy, partly because federal, state and local governments tax away 29% of the gross national product. Warns Wriston: "We are getting very close to the point where high taxes will cause the economy to deteriorate...
...same day, some 28 miles to the northeast in the small village of Grebnevo, a stocky, balding priest named Dmitri Dudko will assist at local services. Dudko, 56, is one of the most celebrated preachers in his country. But even in Grebnevo he is the second-ranking priest and will not be in the pulpit. He has been assigned to the town as a kind of ecclesiastical banishment. Yet it is Dudko, not Patriarch Pimen, who has come to symbolize Christianity's will to survive in the officially godless nation. As much as any man in the Soviet Union...