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...corporations have been able to sidestep these problems by selling stock instead of bond issues. Developers of office buildings, apartment houses and shopping centers can arrange mortgages by giving the lender a share in the revenues or profits. These expedients are not available to home buyers or local government units that must sell bonds, and some authorities think that much more radical changes in the markets will be required if they are to raise the cash that they need. Sidney Homer and Economist Henry Wallich, among others, have seriously suggested that mortgage and bond issuers may have to pay variable...

Author: /time Magazine | Title: Business: TURMOIL IN THE CAPITAL MARKETS | 12/5/1969 | See Source »

Last week the House Judiciary Committee heard testimony from representatives of Gillette, IBM, Procter & Gamble and other firms in favor of several bills that would sidestep the law by allowing aliens on temporary visas to hold permanent jobs. At present, most visa holders cannot remain in the U.S. for more than 18 months. This week representatives of organized labor will appear before the committee to argue against the bills. Another joint Senate-House bill aimed at correcting some of the law's more obvious flaws will be introduced this week by Senator Edward Kennedy and Ohio Congressman Michael...

Author: /time Magazine | Title: Labor: Where Have All the Busboys Gone? | 11/21/1969 | See Source »

...that the other offspring of parents with an autistic child are almost invariably normal. Some researchers hope that autism will turn out to be similar to cretinism and phenylketonuria (or P.K.U.)-products of some defective chemistry affecting the nervous system. Meanwhile, a growing number of experts would like to sidestep the question of parental blame and concentrate on teaching autistic children acceptable substitutes for their difficult and harmful behavior. Says Dr. Leon Eisenberg, chief of psychiatry at Boston's Massachusetts General Hospital: "Guilt is the most useless commodity available...

Author: /time Magazine | Title: Mental Illness: The Trance Children | 8/1/1969 | See Source »

...swing to the left, but in practice they dragged their sandals. Supported by Desai, her chief opponents were Bombay Leader S. K. Patil, Congress Party President S. Nijalingappa, former President Kumaraswami Kamaraj and West Bengal Chieftain Atuyla Ghosh. After first challenging Indira in closed meetings, her opponents tried to sidestep such proposals as nationalizing Indian banks by paying them mere lip service in the vague closing resolution. But their real success came in defeating Indira on the party's choice of a candidate for the presidency, vacant since the death of Dr. Zakin Husain last May. (Elections are scheduled...

Author: /time Magazine | Title: India: More Troubles for Indira | 7/25/1969 | See Source »

...amazing numbers is Lermontovs, tinhorns with bullhorns, revolutionaries for the hell of it, motivated not by issues (though social ills are as real now as they were in Imperial Russia) but by guilt and boredom. They should see this play; they should see Lermontov's affectations, his need to sidestep reality and play back events as he would rather have seen them, his relentless desire to make a martyr of himself. They should see--but only if they have the honesty to see themselves...

Author: By Jerald R. Gerst, | Title: A Hero of Our Time | 4/26/1969 | See Source »

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