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...Even mortgage rates took a tumble. California's Home Savings & Loan, the nation's largest thrift institution, dropped its home lending rate from 17.5% to 12.75%. Said Irwin Kellner, chief economist at New York's Manufacturers Hanover Trust: "Rates are following a financial version of Newton's law that for every action there is an opposite and equal reaction...

Author: /time Magazine | Title: Business: Those Tumbling Rates | 5/19/1980 | See Source »

...supposed to widen the area of choice by taking nominations out of the hands of party bosses and giving a much larger voice to ordinary voters. It is enough to make many politicians, and ordinary citizens, long for the old smoke-filled room. The current system, says Chicago Lawyer Newton Minow, who was Federal Communications Commission chairman under President Kennedy, is "guaranteed to give us bad choices...

Author: /time Magazine | Title: Time Essay: How We Got to Hobson's Choice | 4/14/1980 | See Source »

...primary process, which so many experts had predicted would be a long, taxing ordeal, seemed to have turned out to be a rather short, taxing ordeal. This prompted criticism, especially from those who did not like the apparent results. Contended Newton Minow, Chicago lawyer and former FCC commissioner: "It's an atrocious system guaranteed to give us bad choices because the broad center of the country does not participate in the primary process." Complained Louis Masotti, director of the Center for Urban Affairs at Northwestern University: "It's terribly confusing and is a period of unusual and cruel...

Author: /time Magazine | Title: Nation: The Races: Over Already? | 3/31/1980 | See Source »

...former Newton public school principal outlines several specific ways to assist local leaders in creating an effective classroom, including the establishment of a new one-year program in "school leadership." Fueled by foundation grants totaling $327,000, the Ed School has already begun to implement plans for a case study research project and a summer institute for school administrators. The results of biweekly faculty seminars now underway will become the basis for a series of practioner workshops scheduled to being next fall. Ylvisaker will need much more money to complete these endeavors, but he says, "There is a good deal...

Author: By Paul M. Barrett, | Title: Revising the Quest | 3/20/1980 | See Source »

Until two weeks ago, the school committees of Cambridge, Newton, Brookline, and Beverly had decided not to comply with the prayer law. At a February 5th meeting the Cambridge committee decided to delay making a decision on whether to comply with the law, ignoring the February 5th effective date of the law pending the results of litigation...

Author: NO WRITER ATTRIBUTED | Title: Cambridge Schools Adopt Prayer Law | 3/11/1980 | See Source »

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