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...free-spending credo as a panacea for Sweden's sluggish economy. He promised to cancel planned cuts in sick pay and to increase funding for child-care centers. Unemployment compensation and pensions will be raised to keep up with inflation. In addition, Palme has proposed a mammoth $320 million government investment scheme to build new roads, bridges and housing projects that he believes will generate up to 40,000 new jobs. To finance the programs, the Social Democrats want to hike the country's 21.5% sales tax by another...

Author: /time Magazine | Title: Sweden: Palme's Sunday | 10/4/1982 | See Source »

...Chippendale-furnished office. Seconds after the Chemical Bank group decides on a stock to buy, an order is called over a tieline telephone link to a Wall Street broker, who transmits the order to floor traders at the New York Stock Exchange. The transaction is registered quickly in the mammoth computers of the stock exchange, which have the capacity to handle deals for up to 150 million shares a day. A phone call later, Chemical Bank officials receive confirmation of the transaction and enter the information in their computer, which is linked to their Pine Street operational headquarters in Manhattan...

Author: /time Magazine | Title: The Big Guns of August | 9/6/1982 | See Source »

Congress' answer is to link federal student aid to cooperation with registration. The House of Representatives last week passed legislation prohibiting students who have failed to check in with Selective Service from receiving any from of government-subsidized loan or grant for tuition. The measure, attached to a mammoth $177.1 billion dollar military authorization bill, closely resembles language approved earlier by the Senate. If minor differences are worked out by a conference committee this month, the law could go into effect by the 1983-84 academic term...

Author: By Paul M. Barrett, | Title: Too Many Criminals | 8/3/1982 | See Source »

...logged twelve years and 500,000 miles tracing his roots back to Kunta Kinte, the Mandinka tribesman taken into slavery two centuries ago in West Africa. But Alex Haley, 60, had never met most of his living relatives. So plans began early this year for a mammoth July reunion. Some 300 people from 32 states and all branches of the family tree descended on Haley's sleepy home town of Henning, Tenn. There were teachers, farmers, service workers, ministers, musicians, many excitedly meeting for the first time. Some stopped off to visit family sites like the grave of Haley...

Author: /time Magazine | Title: People: Aug. 2, 1982 | 8/2/1982 | See Source »

...actually leave the football fortress unchanged architecturally. The traditional and incomparably uncomfortable concrete seats have all been removed, but they are being replaced rapidly by new and equally rock-hard concrete. In addition, new steel beams and freshly painted seat numbers will complement the work now being done by mammoth cranes, which dangle the cement tonnage far above the field and then gently drop each segment into place...

Author: By Thomas H. Howlett, | Title: The Summer of Bricks and Nails | 7/13/1982 | See Source »

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