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...Anderson upholds business interests on the issues most important to them. He says he endorses "a shelter for capital gains with a credit on gross income, and permitting a more rapid acceleration of depreciation on capital spending." His tireless support of nuclear power includes a vote as recent as last year to continue the plutonium breeder program. He has voted against consumer interests in oil price controls, the Consumer Protection Agency and the Consumer Cooperative Bank. Labor he has opposed by voting to cut back the Occupational Safety and Health Administration and to deny black lung benefits to coal miners...

Author: By Mark R. Anspach, | Title: The Anderson Deference | 4/2/1980 | See Source »

...have violated the terms of the 1972 Biological Weapons Convention, which bans the production and stockpiling of germ-warfare weapons. As evidence, the spokesman cited a mysterious epidemic last spring that apparently killed hundreds of people in Sverdlovsk, a city of 1.2 million some 850 miles from Moscow. The rapid spread of the infection led U.S. intelligence analysts to suspect that the cause was anthrax, a deadly bacterial disease, and that the contamination could not have come from natural sources. Thus, according to State, the epidemic "may have resulted from inadvertent exposure of the populace to a biological-warfare agent...

Author: /time Magazine | Title: DIPLOMACY: Big Scare | 3/31/1980 | See Source »

...follow-up press conferences Saturday morning, Federal Reserve Board Chairman Paul Volcker proclaimed that "the greatest risk beyond doubt" facing the economy is accelerating inflation. Not only do rapid price rises bring "direct pain and distortions," he said, they also prepare the way for a serious recession. Said he: "There is no way we can deal with the problems ... other than by placing restraint on people who individually would like more credit." Treasury Secretary G. William Miller similarly asserted that the Administration's first priority "is to demonstrate the political will to bring our budget under control, demonstrate...

Author: /time Magazine | Title: Jimmy Carter vs. Inflation | 3/24/1980 | See Source »

...GEODSS takes in rapid succession several separate electronic snapshots of each sector of the sky. Because the telescopes are geared to sweep the heavens at a rate that will exactly counter the rotation of the earth, the distant stars appear as sharp pinpoints of light in precisely the same positions in each of the images; if the telescope were fixed, the earth's rotation would cause apparent movement of these stars. But satellites, even those placed in so-called geosynchronous orbits over a fixed point on earth, move against the background stars, however slightly. Thus they change position...

Author: /time Magazine | Title: Science: Watching the Action in Orbit | 3/24/1980 | See Source »

Rehearsing Snafus. Before T.M.I., operators practiced handling emergencies on computer-driven simulators, but the training concentrated on one mishap at a time. At T.M.I., problems occurred in rapid succession: pumps quit, a valve

Author: /time Magazine | Title: Energy: Lessons Learned in a Year | 3/24/1980 | See Source »

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