Word: restraining
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Perhaps. But Watt in a lower key is unlikely to stop the controversy; he is a true believer in what he sees as Reagan's mandate to restrain the intrusive federal bureaucracy. Watt's explanation of why environmentalists oppose him may be right on the mark: "They were quite surprised and upset when we did not consult them on decisions. But we didn't need to. We knew exactly what we wanted...
...police and the FBI continued to seek evidence that might link him to the mass murders, Williams took the offensive. His lawyer, former City Solicitor Mary Welcome, sought a federal court injunction to restrain 17 news organizations and eleven law enforcement agencies and officials from releasing information that might harm her client. The "blitzkrieg of media harassment" and various statements by the authorities, charged Welcome, have already "irreparably destroyed the presumption of innocence" to which Williams is constitutionally entitled if brought to trial. Williams' petition named, among others, Atlanta Mayor Maynard Jackson, Public Safety Commissioner Lee Brown, the three...
...into gold. The gold standard then becomes a mechanism for controlling the money supply, and thus inflation, by linking the growth of currency to a commodity that is scarce, only slowly increasing in supply and indestructible. In times of steady economic growth, the limits imposed by a gold standard restrain spending and curb inflation. But during hard times, this can cause deflation since it inhibits deficit Government spending. The U.S. has not been on a gold standard since August 1971, and for nearly four decades before that, it had only a modified gold system...
Some supporters of the yellow metal favor a "fractional" gold standard in which money would be only partially covered by Government gold stocks. This would not entirely remove the Federal Reserve's role in monetary policy, but would restrain its powers to issue paper money. They believe that the Fed's policy of controlling inflation through the money supply is well intended but ineffectual. Lawrence Kudlow, chief economist of the Office of Management and Budget, says that the Federal Reserve has become a "monetary Gong Show...
...restrain the free-spending school system, she appointed one of the best boards of education in Chicago history. She is undertaking redevelopment of the North Loop business district and the busy but shabby international terminal at O'Hare Airport...