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Last week, by a surprisingly lopsided bipartisan vote of 28-6, the House Judiciary Committee approved a constitutional amendment to scrap the Electoral College. Citizens would vote directly for President, as they do for all other elected officials. If no candidate got at least 40% of the vote, a run-off between the top two aspirants would follow. Such a system would not have changed the outcome last year, but it would have eliminated the twin risks inherent in the present constitutional practice: that a candidate running second in the popular vote would get a majority of electoral votes...

Author: /time Magazine | Title: Elections: Erasing the Blot, Slowly | 5/9/1969 | See Source »

...dedication to Safeguard, the anti-ballistic missile system, altogether certain. The Administration has given itself plenty of time and maneuver room on this project. From down deep come the hints that if the Russians will sit and trade a little in arms-limitation talks, Nixon might just scrap the whole thing...

Author: /time Magazine | Title: Nation: NIXON'S FIRST QUARTER | 4/25/1969 | See Source »

Absolute Czars. The investment, as Ablon put it, was "ecologically perfect for Ogden" because the company already derives nearly half of its annual $1 billion sales from food growing and processing (the other half comes from such varied interests as scrap metals, land development and shipbuilding). The merger also solved a problem for "21" 's owners: the Kriendler brothers Bob and Pete, their cousin Jerry Berns and their nephew Sheldon Tannen. The family has run the restaurant for the past 40 years. Lately, Bob Kriendler had been wondering if the family should sell it lest the death...

Author: /time Magazine | Title: Mergers: Safeguarding a Symbol | 4/25/1969 | See Source »

Ideally, Congress should scrap the entire unwieldy tax code and start over with a law almost free of exemptions and .with rates as much as one-third lower than those now in force. "Short of a whole new law, Congress might quell much of today's uproar by closing some of the more flagrant routes to tax avoidance, which deprive Treasury of $50 billion a year in potential revenue...

Author: /time Magazine | Title: Business: WHY TAX REFORM IS SO URGENT AND SO UNLIKELY | 4/4/1969 | See Source »

...just about the fastest thing on four wheels and is fairly dropping its transmission to give Jones a ride to fame and fortune. The glory road, however, is constantly being rerouted by a swishy villain (David Tomlinson), who is determined to seize the wondrous bug and turn it into scrap...

Author: /time Magazine | Title: Cinema: Love for Sale | 4/4/1969 | See Source »

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