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Even some FHA supporters concede that the program is not very efficient, since it helps relatively few people. Consider the town of Mount Auburn, Iowa, which needed a new water system to replace its shallow and inadequate wells. Mount Auburn turned to FHA, which provided $395,000 in grants and $140,000 in low-interest loans to build a new water system-for 187 residents. In Benton County, FHA spent $5 million to help an area with only 22,000 people...

Author: /time Magazine | Title: High Cost of a Helping Hand | 3/2/1981 | See Source »

...mill town of Windsor Locks just outside Hartford, Ella Tambussi was the only child of Italian immigrants. She won a scholarship to the elite Chaffee School, and her father worked 14-hour shifts in a bakery to pay for her books. Another scholarship took her to Massachusetts' Mount Holyoke College, where she graduated Phi Beta Kappa in 1940. After earning a master's degree in economics and sociology, she became a protégée of John Bailey, longtime boss of the Connecticut Democratic organization...

Author: /time Magazine | Title: Connecticut's Favorite Daughter: Ella T. Grasso 1919-1981 | 2/16/1981 | See Source »

...went immediately to Saints Cyril and Methodius Church, where he had been baptized as a child into the Ukrainian Catholic faith. He blew out the votive flame that had been lit on the 100th day of his captivity, and wept when the priest read the Sermon on the Mount. Metrinko now plans to retreat to a cabin deep in the woods for a few weeks. The hideaway has no phone or TV, but, he says "there's a wonderful fireplace, and I'm going to spend my time chopping a lot of wood to keep the fire going...

Author: /time Magazine | Title: Looking Back in Anger | 2/9/1981 | See Source »

...Many of them were proposed by past Administrations but never passed Congress. Nonetheless, Reagan's staff believes that the widespread economic discontent that swept them into office will provide the political support to push the spending cuts through the House and Senate. Reagan, though, will still have to mount a determined campaign both on Capitol Hill and with the public to win his battle against federal spending. -By Edward E. Scharff...

Author: /time Magazine | Title: Taming the Monster | 2/9/1981 | See Source »

Some Yippies briefly attempted to mount a parade of their own, featuring a 15-ft. "Malcolm X Missile" float, but police stopped the small group as they neared the Lincoln Memorial, several blocks from the official parade...

Author: By Alan Cooperman, | Title: Amid Washington's Pomp, a 'Counter-Inaugural' | 1/21/1981 | See Source »

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