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...spending was cut more than 20 percent. President Truman went further, reducing non-defense spending 28 percent in one year during the Korean War. Without the need for full mobilization, non-war and non-security expenditures will increase next year, though only at a modest 2 percent. The dismal fiscal and economic environment that followed the Vietnam War should be enough to alert anyone to the dangers of loading up on guns and butter...

Author: By James A. Waters, JAMES A. WATERS | Title: An Honest Budget Debate | 2/15/2002 | See Source »

Either Redd is used to praise and gets tired of it quickly or (more likely) she is the most modest game show winner, national spokesperson and soon-to-be-published author ever interviewed. She would much rather talk about others then discuss her own “little” accomplishments. She says she is constantly motivated and inspired by her peers. “There are two types of people here at Harvard: those who are too overwhelmed by others and those who are completely motivated and pushed by the others,” she says, aligning herself with...

Author: By O.i. Okunseinde, CRIMSON STAFF WRITER | Title: Redd Hot | 2/14/2002 | See Source »

...horrible thing that this is where our energies need to be pulled," says Cheri Sparacio, 37, the widow of Thomas Sparacio, a currency trader at Euro Brokers who died in Tower 2. In their modest house in Staten Island, littered with the toys of her twin two-year-olds, she explains why she sees the estimated $138,000 she would get from the fund as a cheap bribe. "The government is not taking any responsibility for what it's done. This was just one screw-up after another." She is also worried about her financial stability; in less than...

Author: /time Magazine | Title: What Is A Life Worth? | 2/11/2002 | See Source »

...inside with about 20 hostages, including three Americans, definitively surrounded by the Philippine military. Their careers as terrorists seemed to be coming to a bloody conclusion. That is, until the early evening of June 2, in circumstances that are shadowy but undoubtedly scandalous, when the Abu Sayyaf opened that modest back door and scurried unscathed into the island's protective jungles...

Author: /time Magazine | Title: Turning Around a Messy Little War | 2/11/2002 | See Source »

...Friends and acquaintances saw Fastow as a low-key family man. Attorney Robert Lapin, who has known him for a dozen years, calls him "modest, unassuming, not at all self-aggrandizing." At his temple, Congregation Or Ami, Fastow spent time helping shape some of the congregation's education programs along nontraditional lines. Says Rabbi Shaul Osadchey: "He was one of those people who could think outside...

Author: /time Magazine | Title: How Fastow Helped Enron Fall | 2/10/2002 | See Source »

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