Savings bonds debated as a ripoff by economist Friedman
AP reports economist Friedman labels savings bonds a ripoff citing inflation eroding real returns while noting many Americans hold about 68 billion in bonds and pay taxes on the interest. George Stinson defends bonds as a national savings tool and safe government backed investments, though others say returns lag inflation.
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Pitisblagh
America
Friedman
University of Chicago
pesTuinin
Securities and Exchange Compasson
Matunl
Reagan outspends Ford in early primary states
Campaign finance reports show Ronald Reagan spent more than George Ford in January in Florida New Hampshire Massachusetts Illinois and North Carolina with Reagan totaling 12 3 million to Ford 723 512 across these states Reagan raised 193 million last year while Ford raised 169 million Private funds favored Reagan and Ford led in Alaska caucuses as Jackson remained a frontrunner for Democrats
MENTIONED IN THIS ARTICLE
Washington
Ronald Reagan
Ford
Florida
Reagan
Federal Election Commission
Bearr Ged Amend
New Hampshire
Massachusetts
North Carolina
Henry M Jackson
Alaska
Heagan
Hugh Gregg
Gregg
Pentagon undertakes costly plan to fortify nuclear sites
Pentagon officials estimate a 250 million dollar program to strengthen protection of US nuclear weapons storage sites worldwide. The plan envisions converting sites into fortified facilities with NATO sharing much of the cost, as terrorism concerns rise and a detailed survey guides quick fixes pending permanent upgrades. Funding requests total over 584 million, with final totals contingent on ongoing analysis.
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Washington
Pentagon
NATO
Congress
Ford
Defense
Donald Rumsfeld
Scranton Ford Choose U N Post Shown As First Candidate
Washington AP Former Pennsylvania Governor William W Scranton is President Ford s top pick for ambassador to the United Nations though he has not decided whether to accept Moynihan s successor. Moynihan leaves at month end. Scranton would carry Ford s policy of challenging Third and Fourth World powers and signaling candor in diplomacy.
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Washington
Pennsylvania
William W Scranton
Ford
United Nations
Scranton
Daniel Patrick Moynihan
Ron Nelsen
Scranton 58
Scranton Stiil
White House
Hearst jury to hear tapes in bank robbery case
The Hearst trial jury will hear taped statements in which Patricia Hearst, using the alias Tama, says she willingly joined her Symbionese Liberation Army captors in the April 15, 1974 robbery. Judge Carter ruled the tape voluntary and allowed testimony from a Los Angeles hostage witness, likely enabling Hearst to take the stand.
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San Francisco
Patricia Hearst
Trai
Miss Hearst
Beig
Oliver J Carter
Los Angeles
Carter
Tape evidence in Hearst trial expands witness list
US Atty James L Browning Jr said five or six more witnesses will testify this week on technical matters and the score of evidence surrounding Miss Hearst arrest last Sept 18. Bailey fought to suppress the taped communique and related Los Angeles shooting and kidnapping testimony outside the jury.
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James L Browning Jr
Miss Hearst
F Lee Bailey
Los Angeles
Bailey
SLA
The
New York Times
Lockheed
Daniel Haughton
AC Kotchian
Haughton
Kotchian
Japan
Sen Frank Church
Lockheed bribe scandal draws mixed reactions in Japan
The Associated Press reports Lockheed Aircraft Corp faces shock waves as top executives hint at resignations amid a bribery probe. In Japan ultranationalist groups urge inquiry expansion while a Citizens Society demands disclosure of cabinet minister names linked to the payments.
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Associated Press
Lockheed Aircraft Corp
Japan
Citizens' Society
Fusae Ichukawa
Lockheed
Consumers Union of Japan
Ralph Nader
Selrankat
Blue Storm Society
Takeo Mika
Liberal Democratic Party
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