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...Banks put part of the blame on consumers' widespread resistance to new technology, especially when it involves changing the way their money is handled. Banks point out, for example, that two-thirds of their customers still shun the practical and convenient automatic teller machines. Then, too, many potential home bankers are apprehensive about computer crime, fearing that some ingenious 14-year-old will electronically make off with their life savings. Janet Pruitt, vice president for electronic banking products at Shawmut Corp. of Boston, cites another drawback: "A PC sitting at your home won't be able to withdraw cash...

Author: /time Magazine | Title: Brave New Piggy Bank | 7/15/1985 | See Source »

When President Reagan announces his tax-reform package in a nationwide speech scheduled for next week, he will call on Congress to shun the influence peddlers and approve a program that is both simple and fair. Unfortunately, the Administration has tossed enough favors for interest groups into its own package to stir grumblings that the preacher himself has been tippling on the way to the temperance meeting...

Author: /time Magazine | Title: Addicted to the Loophole Habit: Reagan's tax plan | 5/27/1985 | See Source »

...Helmut Schmidt, in an often quoted reflection on the eight summits he attended, said that "they did not bring about much, but what they avoided was of enormous importance." At every summit, for example, the seven leaders renew what amounts to a ritual vow to uphold free trade and shun any turn toward protectionism. Those vows are never perfectly kept; every country has in fact taken protectionist action. But barriers to trade would probably have been raised much higher had it not been for the leaders' repeated public commitments...

Author: /time Magazine | Title: No French Connection | 5/13/1985 | See Source »

...THURSDAY April 4. The Rev. Jesse L. Jackson drew 5000 Harvard students and others to the Yard, exhorting them to choose the moral high road on the issue of apartheid, to shun rationalization and let their emotions dictate the terms for dealing with South Africa's parish regime. The reverend is famous for his disdain for those who use immoral means to attain their ends; he blasted President Bok for his paternalistic and tokenistic approach to aiding the oppresed Black South Africans, opting instead for what he calls the moral purity of complete divestment...

Author: By Joseph F Kahn, | Title: Take the Moral High Road | 4/23/1985 | See Source »

...personality appears out of synch with the intensely public demands of his office, the head of the richest and most famous university in the United States. Despite his predilection to shun the spotlight, Bok's presidential tasks continually bring him into the public eye: from ensuring the quality of the Faculty, to serving as a spokesman for all of higher education, to indefatigibly hitting the road in search of the donations upon which Harvard survives...

Author: By Andrew S. Doctoroff, | Title: Beyond the Mass Hall Mystique | 1/10/1985 | See Source »

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