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...opening committee skirmishes of a battle that is likely to drag on through the fall, the Senate reflected deep disagreement with parts of the plan. Unlike the House, the Senate is tackling the omnibus bill piecemeal; a few of the proposed changes strengthen the program but most weaken...

Author: /time Magazine | Title: Energy: Hard Going for Carter's Plan | 9/26/1977 | See Source »

Attacks by the press against Bert Lance weaken America by disheartening other good men from accepting the challenge when called to public service...

Author: /time Magazine | Title: Letters, Sep. 19, 1977 | 9/19/1977 | See Source »

...Gormley, was spat upon and called a "scab" by demonstrators. It was left to the Prime Minister himself, a trades-union member for four decades, to make the most effective case for wage restraint. In a forceful, televised sermonette, Callaghan pointed out that wage increases above 10% would "seriously weaken" the government's chances of containing inflation. "I was brought up to believe that free collective bargaining was the milk of the gospel," he said, in defense of a third year of wage guidelines. "[But] if I went into the witness box today, having watched its operation over many...

Author: /time Magazine | Title: BRITAIN: Buying Time from the Unions | 9/19/1977 | See Source »

...then, that so many American Jews also seem to approve of Menachem Begin-and are channeling contributions to Israel at a steady rate? For one thing, he is the only Premier Israel happens to have at the moment, and U.S. Jews do not want to weaken his position. Says Rabbi Schindler: "The American Jewish community isn't pledged to him or all his policies. We're pledged to the security of Israel." Moreover, many U.S. Jews may be impressed by the fact that liberal and moderate Israelis are themselves rapidly revising their once hostile views...

Author: /time Magazine | Title: The Nation: Begin's American Bandwagon | 9/5/1977 | See Source »

...bringing the West to its knees and destroying Israel in the process. But the Saudis want to keep their customers healthy so that they can sell them plenty of oil. Also, as strict Muslims and fervent antiCommunists, they fear that an economic crisis in the West could so weaken Saudi Arabia's supporters that their own country would be vulnerable to Communist designs. Since the Saudis cannot possibly spend all their petrodollars at home, they have to make enormous investments in Western Europe and the U.S. ($14 billion in U.S. financial securities alone). They want to safeguard those investments...

Author: /time Magazine | Title: POLICY: Saudi Arabia's Growing Petropower | 7/11/1977 | See Source »

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