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...ticklish task is made even tougher by the failure of the Bush Administration and Congress to rein in a runaway budget deficit that helps keep interest rates high. White House and congressional leaders merely ducked the issue last month in a sleight-of-hand agreement that cut the 1990 deficit to about $100 billion to comply with the Gramm-Rudman law. But a recession could make a mockery of that rosy projection by swelling the red ink to as much as $175 billion. "Using monetary policy to slow the economy is a poor second-best solution," says David Rolley...

Author: /time Magazine | Title: Look Out Below! | 5/22/1989 | See Source »

...bailouts was estimated at only $10 billion. But the FSLIC never had enough cash simply to close down the thrifts and pay off the depositors. The Bank Board lobbied Congress for more money, but the politically powerful thrift industry consistently opposed such requests, along with almost any proposal to rein...

Author: /time Magazine | Title: The Savings And Loan Crisis: Finally, the Bill Has Come Due | 2/20/1989 | See Source »

PRINCETON (60): Julie Brackenridge 2-2--6; Corneille Burt 8-6--22; Jo Jo Rein 5-0--10; Leah Sparagen 1-0--2; Sandi Bittler 3-2--9; Kim Eads 2-5--9; Leslie Shenkel 0-0--0; Katrina Dowidchuk 0-0--0; Hilary Malcarney...

Author: NO WRITER ATTRIBUTED | Title: Women's Basketball | 2/4/1989 | See Source »

Three-pointers: Bittler; Wambach 2. Rebounds: Princeton 43 (Burt 12), Harvard 42 (Duncan 11.) Assists: Princeton 11 (Brackenridge 6), Harvard 14 (Duncan 4). Steals: Princeton 9 (Bittle 7), Harvard 5 (Mazanec, Kosh 2). Blocked Shots: Princeton 3 (Rein 2), Harvard 3 (Duncan 2). Total fouls: Princeton 14, Harvard 18. Fouled out: Mazanec. Turnovers: Princeton 24, Harvard...

Author: NO WRITER ATTRIBUTED | Title: Women's Basketball | 2/4/1989 | See Source »

...other political lesson Reagan has taught future leaders is how to avoid accountability by charming the national media until the crisis blows over. Some of his most valuable instructions include: learn how to control the media, so that they do not control you; keep a tight rein on press conferences so that important issues cannot be fully explored and you can't nailed; and always have a joke or anecdote to prove your point gently, no matter how strained the analogy or unbelievable the circumstances...

Author: By Robert H. Greenstein, | Title: The Iceman Leaveth | 1/20/1989 | See Source »

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