History Of Inflation Shows Five Past Cycles
Phil Nation cites Dr. W Gramm of Texas A&M detailing five inflationary periods: Continental dollars after Revolutionary War, tariff-driven 1812 era, Civil War Greenbacks, World War II deficits, and Vietnam War debt. He argues controlling the money supply halted price rises, urging tighter belts and cuts to curb current inflation.
MENTIONED IN THIS ARTICLE
Phil Nation
W. Phillis Gramm
Texas A & M
Continental Congress
First Bank of the
United States
Federal Reserve
Dr. Gramm
Property Taxes and Schools Spark NYC Anger Over New High School
A Newark Airport supervisor voices frustration at sharply rising property taxes driven by a new luxury public high school. He recalls his Vietnam era savings and argues the school’s amenities, including two pools and air conditioning, justify tax pressure while lamenting declining skills of young workers. He fears losing his home to assessments and questions the need for such a facility.
MENTIONED IN THIS ARTICLE
New York City
Newark Airport
New Jersey
Ray
Vietnam
Dirlines
Peace Isn't Everything Says Kissinger Era Leader
Holmes Alexander argues that global leaders prioritize homeland, power, and money over true lasting peace. He criticizes Helsinki outcomes, Yalta and Potsdam bounds, and military aid tempos, urging Congress to curb arms sales and recognize competing national priorities.
MENTIONED IN THIS ARTICLE
Kissinger
Boland
United States
Israel
Egypt
Syria
Soviet Union
Gromyko
Indochina
North Vietnam
Hanoi
Saigon
Moscow
Peking
Washington
U.S
McNaught Syndicate, Inc
The Price of Bread and U S Food Aid Policies
A critique of U S food aid programs under Public Law 480 accusing the United States of subsidizing foreign nations at the expense of American families. It cites grain giveaways, favorable loan terms to Pakistan, and calls for voter scrutiny in the 1976 elections.
MENTIONED IN THIS ARTICLE
United States
U.S
Soviet Union
India
Feypl
America
Robert M. Bleiberg
Barron's Financial Weekly
Pakistan
Food For Peace
Bleiberg
Uncle Sam
Sen
Hubert Humphrey
Libertarianism Considered in New York City Critique
A piece by Kevin Phillips argues the Libertarian Party path in New York City shows limits of anti-government rhetoric. It contrasts urban realities with libertarian idealism, notes enthusiasm but warns against ignoring vast state welfare, crime, and regulation. It calls for measured reform over sweeping rhetoric.
MENTIONED IN THIS ARTICLE
Kevin Phillips
Washington
Libertarian
New York City
United States
Big Mac
Municipal Assistance Corp
Lillie Abe Beame
British Broadcasting Company
the Bronx Is Burning
Taos
New Mexico
Aspen
Colorado
Scarsdale
Marin County
California
Brooke Avenue
Simpson Street
163Rd Street
Thomas Webbes
Eplcurus
Nferbert Spencer
Thomas Jefferson
Ayn Rand
Abbie Hoffman
Jerome Tuedle
New York
Trade with Cuba hints at gradual normalization path
The State Department allows Latin American subsidiaries of US firms to sell to Cuba where local policy favors trade, signaling indirect trade links. Critics warn a full reopening could follow, while advocates urge quid pro quo deals including denial of Soviet access and guarantees of human rights, with Castro’s recent conciliatory moves cited as readiness to talk.
MENTIONED IN THIS ARTICLE
State Department
U.S
Cuba
OAS
Organization of American States
Cubs
Panama Canal
Castro
Turkey
United States
Washington
Socialism vs Britain’s nationalized industries debate
Opinion piece notes Britain's Labour government struggles with nationalized sectors losing billions, rail and utilities dragging on the economy. The piece warns against abandoning free enterprise, arguing capitalism remains a strong, proven system despite flaws.
MENTIONED IN THIS ARTICLE
Britain
British Leyland Motors
Wilson
Labor
Europe
Los Angeles Times
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THE
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Anderson Newspapers, Inc
Jackson Street
Anderson
Indiana
Crittenblager
Robert
Jackson Fresdens
Cesaret
Charles W
Esretery
Garter Delivarad
Angloatit
Aeéal Messescer
Associated Press
Tie Dusrooted
Tata
Holmes Alexander
Prioxipy Ure
D.C
Henry Kisssinger
Helsinki
Mideast
Alexander
Ony Borrigan
United States of America
Phillips Survey
the Prophetic
Tuceile and Company
David Goodman
George Orwell
Goodman
King Features Syndicates
Maxie
Ron Nelsen
Cabs
George McGovern
United
Paul Harvey News
Pan American World Airways
Wall Street Journal
Ray Coffey
London
Labor Party
Harold Wilson