Questions? Call (888) 845-2887 Hablamos Español

Share Page

New Braunfels Herald Zeitung: Sunday, June 14, 1987 - Page 7

Get 1 more page view just for clicking

to like us on Facebook


   New Braunfels Herald-Zeitung (Newspaper) - June 14, 1987, New Braunfels, Texas                                Business Briefs New Texas June Collectors car auction Jobrelated moving j Motors doiiectors car Auction will be held at 16 June 19 and Admission to the Wufsthalle will be deductible Moving expenses directly associated with employment for wage earners or selfemployed per Is Volcker a hero NEW YOUK The popular view of outgoing Federal Reserve chairman Paul Volcker Is that of a savior He Is the man who saved the United States from the scourge of In Few monetary officials have such a sharply detailed since their job Is to remain backstage and speak only In colorless The money supply and Its manipulation cannot compete with sports or show Volckers popular Image Is clearly defined He Is the man who slew the Inflation dragon that had devoured the savings of people In the 1970s It Is widely brought on the deep recession of 1981 But among some respected economists and financial the Fed chairman has a different To he and a Ar thur Burns are Ideologues who have thwarted Americas economic To such both Burns and Volcker demonstrated a propensity to seek solutions to economic pro blems In higher Interest rates despite evidence that those rates might pro duce rather reduce Prominent among Volckers critics is Paul Craig Business Week and former assistant secretary of the Treasury for Economic To who holds a chair In political economy at Georgetown University and is also a fellow of the Hoover Institution at Stanford Volcker shifted the economy to high Interest wrecked federal helped pro duce the recession of and has slowed the subsequent The Roberts view has many sup and one of the most vociferous is John Winthrop former educator and and founder of Wright Investors Ser a large and highly regarded portfolio manager and Wright believes high Interest rates debilitate the economy rather than help to on a straight and nar row course free from But since the early he this country has thwarted growth by means of high We have obsoleted our indusrlal plants with those he he the Koreans and others have been building their industrial might and he Volcker has employed the allpurpose forcing interest rates higher in order to support the If the dollar isnt it Is foreigners might dump their dollar That argument has been attacked by many Including Morgan Guaranty Trust the contention being that a decline in the price of dollar assets is likely to attract not repel foreign But to the biggest fallacy is that higher interest rates can only thwart economic growth at a time when factory capacity is only 78 rather than the 85 percent that used to prevail In good How can we get out of the hole while using only 78 percent of capaci ty he How can we reduce the budget deficit According to Volcker suf fers from the same misconceptions that he attributes to who headed the Fed in the During that decade Wright constantly criticized Burns high interest rate he completely misunderstood the economy of the and declined to accept any viewpoint other than his He totally misunderstood the reason for Wright argues now as he did The 1970s according to did not arise from American It came from or the creation of dollar obligations by foreign branch banks through the process of making big Now lets hope we get back to common Wright There is no danger now in lowering interest he The operating well below needs lower sons may be tax the in ternal Revenue Service to deduct the moving costs a person must start work at a new location that adds at least 35 miles t6 the distance from the former home to the work a wage earner must work full time at a new location for at least 39 weeks of the 12 months following the Selfemployed individuals must work in the new location at least 39 weeks of the first 12 months and a total of at least 78 weeks of the first 24 months to qualify fof moving expense Call IRS at 1800424FORM to order a copy of Publication Mov ing for more IRS program a problem solver Been back and forth through nor mal channels trying to get a knotty tax problem resolved If the In ternal Revenue Service says you ought to know about a special office that can The Problem Resolution Program is set up to cut through barriers and help taxpayers with chronic tax pro The most common problems brought to the PRP office are com plaints about missing mixed up social security and in correct billings by IRS that Problem Resoutlon Is not a substitute for normal pro For persons who have not received their refunds should call the IRS tax information to seek If the refund is stllJ not the taxpayer should contact the IRS and ask to be referred to the Problem Resolution r Tax Continued from Page 6A enough tax liability that may mean youll have to have very high withholding for November and December to make it he About 70 percent of taxpayers already have filed one of the two new he Taxpayers could face penalties for not paying enough tax before next years filing Students also can no longer claim exemption if their total Income from wages and in terest is over The deduction allowed cannot be listed on a childs taxes If he or she Is being claimed on a parents he Now Westerner Barbershop Westerner Shopping Center Next to City Pharmacy 382Landa Introductory Offer Wet Cut NOW WittiBlowOry Only Eipires Regular Cuts Hair Styles Hours thru 9 am 6 pin 9 3pm KNOW YOUR SPEED LIMIT 65 Maximum legil for buses ind light of InttriUti designated high SPEED LIMIT 55 iJI the mmm legal erttiid in mgst hi Jtt to your nfity Different Sale Items in Different But All Stores Are Loaded With Budget Many Not Mentioned Hurry in Today for Best Selection DISCOUNTS OFF REGULAR PRICES AND APPLY TO SELECTED ITEMS ONLY j NATIONWIDE HMIIMIHMHHRi EXCITING RADIO VALUES 20 to 33 OFF COLOR TVs MONITORS CUT 30 to 37 ANSWERERS AND PHONE ACCESSORIES 12 53 OFF COLOR COMPUTER SOFTWARE CUT 50 90 PORTABLE CD TAPE DECKS RECEIVERS 29 60 OFF Oar Stereo y Realistic ff 19W Month channel Jeff bass and wide dynamic Digital CAR STEREO EQUIPMENT CUT 27 to 33 HARDWARE ACCESSORIES 50 to OFF PRINTING SOLAR CALCULATORS CUT to 44 PORTABLE STEREO CASSETTES COMPACTS CBs SECURITY SYSTEMS CUT to Tremendous Savings on These Bargains and Many More Stereo Raek System System 100 by Realistic Complete with gspaed dualcassette deck for tuner and audio rack VHSVORWithHQ Model 20 by Realistic 4s iOPfr Month Witch TV shows and video mov ies when you want to see HQ for a sharper Wire less sfl 6509 Remote catteries extra Phone Answerer With Remote Control TAD312 by Save 9998 Moit Major Credit Accepted AfcglY AT PARTICIPATING STQSES ANQ Citime involving credn horn CitiaanK Paymem oefswltns upon Use remote reset and check messages from any VOX and call Dual   

From 1607 To The Present

Once upon a time newspapers were our main source of information. Now those old newspapers are a reliable source for hundreds of years of history and secrets of the past. Now you can search for people, places, and events without the hassle of sorting through mountains of papers!

Growing Every Second

Newspaper Archive is the world's largest online newspaper database featuring over 155+ million newspaper pages. Plus our database expands by one newspaper page per second for a total of around 2.5 million pages per month! The value of your membership grows along with it.

Genealogy Made Simple

Those looking to find out more about their forefathers can empower their genealogy search with Newspaper Archive. Within our massive database, users can search ancestors' names for news stories and obituaries. We must understand our past to understand our future!

Choose the Membership Plan that is right for you!

Unlimited 6 Month

$99.95 (45% Savings!)

Unlimited page views for 6 months Learn More

Unlimited Monthly

$29.95

Unlimited page views for 1 month Learn More

Introductory

$9.95

10 page views for 1 month Learn More

Subscribe or Cancel Anytime by calling 888-845-2887

24 hours a day Monday-Saturday

Take advantage of our Introductory Membership offer and become a member for 1 month only for $9.95!

Your full introductory membership payment will be credited toward the cost of full membership any time you choose to upgrade!

Your Membership Includes:
  • 10 page views for 1 month
  • Access to Over 155+ million Newspaper Pages
  • Ability to View, Save, and Print
  • Articles featuring over 100 million people
  • Weekly Search Alerts - We search for you!
  • & Many More Features!
Subscribe for a Monthly Membership only for $29.95
Your Membership Includes:
  • Unlimited Page Views
  • Access to Over 155+ million Newspaper Pages
  • Ability to View, Save, and Print
  • Articles featuring over 100 million people
  • Full Access To All Content including 10 Foreign Countries
  • Weekly Search Alerts - We search for you!
  • & Many More Features!
Subscribe for a 6 Month Membership only for $99.95
Best Value! Save -45%
Your Membership Includes:
  • Unlimited Page Views
  • Access to Over 155+ million Newspaper Pages
  • Ability to View, Save, and Print
  • Articles featuring over 100 million people
  • Full Access To All Content including 10 Foreign Countries
  • Weekly Search Alerts - We search for you!
  • & Many More Features!

What our Customers Say:

"It is amazing how easy and exciting it is to access all of this information! I found hundreds of articles about my relatives from Germany! Well worth the subscription!" - Michael S.

"I love this site. It's interesting to read articles about different family members. I've found articles as well as an obituary about an uncle who passed away before I was born, and another about a great aunt. It's great for helping with genealogy." - Patricia T.

"A great research tool. Allows me to view events and gives me incredible insight into the stories of the past." - Charles S.

Search Billions of Newspaper Articles 155 Million+ Pages and More Added Weekly!

Uncover 400+ Years
of Newspaper Archives
(1607 to today!)

Browse by Date

Research Newspaper Articles from 19 Countries
& all 50 U.S. States

Browse by Location

Explore 6,200+ Current &
Historical Newspaper Titles
and Counting!

Browse by Publication