Word: rahn
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Dates: during 1980-1989
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...remarkable journey from being a Newark secretary to one of the capital's pre-eminent political poets, she has acquired a dashing husband with an eye patch, Richard Rahn, an economist with the U.S. Chamber of Commerce, and a ten-month-old son with eyes as blue as the evening sky. And something else -- a facsimile machine that rests on her kitchen cabinet just above little Will's playpen. He is fascinated with its rustling paper, the paper of poetry. Noonan pecks the words out in the next room and feeds them into this electronic umbilical, and they emerge...
...vessels are used primarily for business and charter, they could bring in tax deductions nudging $1 million a year. More good news for owners: the boats appreciate in value 10% to 20% each year. "I look on it as a piece of floating real estate," says Shipping Executive Joel Rahn of Springfield, Mass., owner of the Atlantique...
...Reserve Board for being too tightfisted in its fight against inflation. So far, the new lineup seems to have done its job. Since last March the Fed has steadily reduced the discount rate that it charges on loans to member banks from 7 1/2% to 5 1/2%. Says Richard Rahn, chief economist for the U.S. Chamber of Commerce: "I don't think we would have had all those drops in interest rates without the new crowd...
...discount rate, which it levies on loans made to member banks, from 9% to 8.5%. It was an unmistakable signal for banks to lower the interest rates they charge customers. Even some of Volcker's harshest critics are now optimistic, if not entirely satisfied. Says Richard Rahn, chief economist for the U.S. Chamber of Commerce: "The Fed has reacted late and it has probably not gone far enough, but I think we can avoid a recession. The economy should rebound." Administration officials share that view. Says Manuel Johnson, the Assistant Treasury Secretary for Economic Policy: "There's time...
...Crimson sensation lost to Azziz Rahn in later action...