Nixon signs flawed tax bill amid inflation fears
President Nixon signed a Congress drafted tax reduction and reform bill, but economists warn it worsens inflation by boosting Social Security and cutting taxes without offsetting spending cuts. Critics say it destabilizes the economy, raises loan costs, and leaves fundamental spending unchecked while Congress faces future battles over stabilization.
MENTIONED IN THIS ARTICLE
Nixon
Congress
Washington
Federal Reserve Board
Vietnam
U.S
Coness
Countdown to helmets for all in the Northern Hemisphere
Scientists at the Atmospheric Sciences Research Center warn that 13 to 18 years hence everyone in the Northern Hemisphere must wear outdoor breathing helmets. The remark is followed by a joke about everyone “putting on airs.” Ralph Nader objects to railroads dumping 200 million pounds of human waste along thousands of miles of tracks, joking about a tailed image.
MENTIONED IN THIS ARTICLE
Atmospheric Sciences Research Center
Ralph Nader
Voice of the people Nation on the move needs trucks EDITOR
A reader argues for larger trucks citing essential goods and job duties. She defends truck drivers, criticizes desk critics, and urges praise for the American Trucking Association. A second letter from Harry R Sheppard thanks the paper for coverage of Fremont Philharmonic Society’s Dec 7 concert at Mission San Jose High School. Approximately 1,000 attended.
MENTIONED IN THIS ARTICLE
Fremont Philharmonic Society
Mission San Jose High School
Tri- City
Harry R, Sheppard
Sixties Reflections and the Decade’s Overriding Rationale
A columnist reviews the sixties as a tapestry of happenings and flawed over rationality. He critiques the belief that more money solves problems, broad voting rights without maturity, and violence met with kindness, warning the seventies loom.
Somber Seventies Rise From The Somber Sixties
Washington discusses the opening of the 1970s with warnings of recession and unrest yet notes a shift toward nuclear restraint. It contrasts the fear of a nuclear clash in the 60s with a new era of Sino Soviet diplomacy and talks with China. The piece analyzes how Nixon era policy marks a change from Dulles era Cold War posture.
MENTIONED IN THIS ARTICLE
Washington
Russia
China
Ave
United States
Soviet Union
Vietnam
Middle East
Seriou
Nixon
Warsaw
John Foster Dulles
Canal Zone fate hinges on U.S. control versus Communist takeover
The column argues Panama’s security and stability depend on keeping U.S. control of the canal amid Red guerrilla pressure. It cites Torrijos upheavals, Somoza, and Castro links, warning that Panama borders chaos and urging Senate debate on sovereignty versus communist influence.
MENTIONED IN THIS ARTICLE
Republic of Panama
Panama
Costa Rica
Colombia
el Salvador
Guatamala
Honduras
Anastasio Somoza Jr
Nicaragua
Canal
Uncle Sam
Iowa
United States
Zanzibar
Fulbright
Torrijos
Mexico City
Kaput
Arnulfo Arias
Param
Lord Bryce
Panama Canal
Moscow
Moorer
Fidel Castro
la Colma
Cuba
CIA
San Julian
Havana
Castro
Julio Sanol
America
U.S
Canal Zone
Thelma King
Panama City
This Day In History Highlights Major 1774 1905 1966 Events
United Press notes reveal that in 1774 Continental soldiers raised Washington's first army flag in Cambridge Massachusetts. In 1905 Soviet forces surrendered at Port Arthur ending a Russo Japanese War battle. In 1966 Christiaan Barnard performed his second successful heart transplant on Dr Philip Blaiberg. Moscow Radio reported a cosmic rocket launched toward the moon in 1989. A Musiad quote frames the thought for the day.
MENTIONED IN THIS ARTICLE
George Washington
Cambridge
Mass
Port Arthur
Manchuria
Moscow Radio
Christiaan Barnard
Philip Blaiberg
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Rolph Fairchild
Voice of
People
Argus
American Trucking Association
Cheryl
Leppert Newark PS
T.N. Alexakos
Richard Wilson
Henry J. Taylor Castro
Holwex Alexander
Europe
Omar Torrijos
Senate Foreign Relations Committee
J. William Fulbright
Naval Operations
Thomas H. Moorer
Latin America
Peru
Chile
Pacific
United Press
Musiad