Word: postally
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...testament to the strength of postal politics. Besieged by a 22 million-piece mail campaign orchestrated by the nation's banking industry, the House last week voted by an overwhelming 382 to 41 to repeal the withholding for taxes of 10% of income from stock dividends and bank interest. Said Illinois Democrat Dan Rostenkowski, who as chairman of the Ways and Means Committee had reluctantly brought the repeal measure to a floor vote after a majority of the House demanded it: "Today we are conceding control of the tax system to a special interest that...
...week after being charged with "civil theft" and ordered by a Florida judge to halt operations. Thousands of customers from around the U.S. had complained about not receiving their metals, leading to investigations by the Florida attorney general's office, the Fort Lauderdale police, the FBI and the Postal Service. IGBE's attorney, Thomas Tew, estimates that 25,000 customers are owed more than $10 million. He admits chances of their being paid are "remote...
Following President Reagan's philosophy that private enterprise can do most things better than the Government, the Treasury Department announced last week that it has enlisted a private company to boost the lackluster business in U.S. gold medallions. The coins, previously sold only by the Postal Service, will now be distributed by J. Aron & Co., a Manhattan-based precious-metals dealer, and sold by some 3,000 banks, brokerage-house branches and coin shops...
...problem, apparently, has been the ponderous Postal Service. Buyers had to wait as long as two months to receive their gold in the mail. In contrast, dealers sell the Krugerrand and Maple Leaf over the counter for cash or certified checks...
...believe that "thinking the unthinkable," and not deterrence, will make much more sense of Reagan's nuclear policy. (It would also explain, by the way. Reagan's concern with such issues as a post-nuclear postal service.) If Mr. Stockel truly accepts Reagan's nuclear strategy, then I believe he must reject any policy of deterrence. If that is the case, then the next step for Mr. Stockel is to find a shovel, and start digging. Andy Dwyer...