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This newspaper page contains 10 articles. Subscribers can read the full text of each article.
Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Apr 07, 1980
Page
6
The article argues that money market funds are not the real threat to banks and thrifts. government policy and high inflation erode savers, while funds grow fast. It cites dramatic growth in money market assets from 11 billion in 1978 to over 60 billion in 1980, and calls for reforms and incentives to restore saving. It also notes alliances between banks and thrifts against mutual funds and urges a shift toward customer service and competition.
A Penn State survey finds 49 percent oppose strikes by essential service workers while 56 percent disapprove of public sector strikes and 72 percent say unions strike too often. The piece argues mediation and arbitration can settle disputes without harming public services.
The piece argues honesty matters most for a president and cites Ronald Reagan’s parity lapse. It suggests his disclaimer and his stance on parity reflect broader questions about candor, political image, and the strain of appealing to diverse voters amid farm policy debates. It also critiques public pressure to downplay candid moments.
Veterans recall Colonel Forest Rutgers retired from Coe College as friends attended last rites at Arlington National Cemetery with full military honors in a solemn ceremony.
A longtime friend recalls Forest Engle a devoted Coe College athlete instructor and coach who inspired others with his Christian witness service to his church and community and was honored by Coe College with Hall of Fame recognition.
The Cedar Rapids community and library board advocate for a new centrally located facility. They cite increased demand, more than 93 000 reference questions in 1979, and support from East Central Regional Library, planning a facility to serve a larger 10‑county area and a computerized information future.
The 1966 transit walkout showed how New York’s density and island geography amplify disruption. Analysts note the strike cost the city about $1 billion with limited recovery. inflation and LIRR walkouts raise current cost concerns. Tension between Mayor Lindsay and TWU leaders previously prolonged the 1966 event.
A columnist recounts paying nine dollars to view ads at Stage 4 Theaters on April 2 with family. They note a 20 percent price rise combined with more concessions and warn of boycotting in favor of home viewing or Marion Garden theater.
A Maryland minister warns against marriage due to tax penalties for dual income couples. By April 15 about 19 million couples feel higher taxes under the marriage tax, prompting lawmakers like Rep. Millicent Fenwick and Sen. Charles Mathias to seek repeal. Hearings occurred as critics cite the bill’s $510 billion annual cost.
The Ways and Means hearings examined options to ease taxes for married couples, highlighting the Fenwick-Mathias bill and proposals by Joseph Fisher and Barber Conable Jr. The Conable plan would let a spouse deduct up to 2000 and Fisher up to 1000, costing about 3 billion yearly. With budget balancing as a priority, passage is uncertain.
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