Word: reines
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...coach Jim Rein's problems, his top goalie, Andy Lichter, and fullback are passing up their senior eligibility...
...Rein is following an old Harvard strategy. He has turned to Bathurst, Gambia (Thomas and Gomez's home country) for three of his starting players...
Bunker returned to Saigon last week and delivered his message to Thieu, then went on to Big Minh's villa a few blocks away. But Minh was not convinced of Bunker's power to put a rein on Thieu's ambition. Next morning, Minh's spokesmen announced his withdrawal...
...Mirroring the consumer's caution, businessmen are also keeping a tight rein on expenditures. "The projection for plant and equipment spending for the year has even been revised downward," says Economist Edward Boss of Chicago's Continental Illinois National Bank and Trust. "That is unusual for a recovery period." Spending for inventories is also sparing. Total business inventories in May rose about $630 million, roughly the same as in April. The cost of borrowing is rising; last week the Federal Reserve Board lifted its discount rate to banks by 1% to 5%. Many forecasters now believe that...
Battle Lines. The legislation was designed to lift the burden of the nation's welfare system from the states and bring it under tight rein by the Federal Government. Except for the notion of a guaranteed annual income, the measure contained proposals on which most Congressmen ultimately agreed. Among them: a 5% increase in Social Security benefits and the federalizing of the welfare programs for the aged, the blind and the disabled...