Friedman urges restraint on spending and inflation risk
Nobel laureate Milton Friedman told a Atlanta conference that Congress overemphasizes deficits but this stance helps avoid inflationary spending increases. He warned inflation could rise to 25 percent if money growth and spending rebound. Separately, Arthur Levitt urged cutting defense and entitlement growth to fix the deficit and questioned tax breaks. Federal Reserve data showed February factory utilization up 1.2 percent to 71.8 percent, with March risk to slow recovery.
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Associated Press
Congress
Reagan
Milton Friedman
Friedman
Atlanta
Federal Reserve Board
Washington
American Stock Exchange
Arthur Levitt Jr
National Press Club
Levitt
Jimmy Carter
White House
Commission On
Federal Reserve
Fed
U.S
Celebrity fans turn deadly on streets of fame
In Hollywood a fan with a weapon murdered John Lennon in 1980 and this week Theresa Saldana was stabbed on a Mumbai street while filming a film. Authorities say the assailant was driven by obsessive love, a dangerous fantasy that haunts stars.
MENTIONED IN THIS ARTICLE
Hollywood
John Lennon
New York
Theresa Saldana
An Poreuge
Bether Wese
Beverly Hills
Reagan
Jodie Foster
Frank Sinatra
Bob Hope
Johnny Carson
Jane Fonda
Frank
Clyde Duber
California
Lennon
Charles Wahl
University of California At Los Angeles
Wahl
Mark David Chapman
Iti
Eve Vuinllegue
Duber
Los Angeles
Tom Reddin
Bloodmobile visit set March 29 in Mount Airy
The Red Cross Bloodmobile will be at the Mount Airy Firemen's Activity Building in Firemen's Park on Monday March 29. Donors register from 2 30 to 8 30 p m with walk ins accepted during registration hours.
MENTIONED IN THIS ARTICLE
Mount Airy
Red Cross
Firemen's Park
Mount Airy Area
Washington
Internal Revenue Service
IRS
U.S. Treasury
Donkey Basketball Game Set By Catoctin Booster Club
The Catoctin Booster Club will sponsor a donkey basketball game at 7 30 p m this Saturday March 2 in the Catoctin High School gym Thurmont Faculty members from Catoctin will play against Thurmont Middle School teachers in a family friendly event Tickets in advance cost 150 and doors 2 with tickets available at Catoctin High Thurmont Middle and Elementary Schools Thurmont Bank and Claire Frock Company
MENTIONED IN THIS ARTICLE
Catoctin
Catoctin High School
Thurmont
Thurmont Middle School
Catoctin High
Thurmont Bank
Claire Frock Company
Kremlin signals loosened grip on farming policy
Moscow reports show the Kremlin endorsing a decentralized agriculture plan to boost private plots and production amid falling food quality and 1981 output. Brezhnev calls food production the nation’s top political problem, promising a major program to fix agricultural shortcomings with a new approach.
MENTIONED IN THIS ARTICLE
Moscow
Kremlin
Leonid I. Brezhnev
NASA Begins Countdown for Shuttle Launch
NASA started the countdown at 4 a.m. EST for Columbia's third mission aiming for a Monday liftoff. Technicians activated Columbia's computer systems and fuel cells while crews prepared for potential emergency landings as engines faced failure risks and diversion to White Sands Missile Range in New Mexico.
MENTIONED IN THIS ARTICLE
Cape Canaveral
Fla
NASA
Calumbus
Andy Browne
Columbia
Jack R Lousma
C Gordon Fullerton
Army
White Sands Missile Range
New Mexico
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Red Cross Blood Program
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Catoctin Booster Club
H&r Block
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N. Market Fred. Co. Square
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Altor
Sears
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Covey’s Wine & Spirits
Rosemont
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Plokes le
Carlo Ross
Cantormiq Wines
Feddy
TreetlAane Nurseries
Frederick Towne
Frederick
Maryland
Evergreens
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Assa Cedar Brook
Dayaville Rd
Mi. W
Libertytown
Lowe’s
Urbana
FSK Mall
FeEngeiter
Lawe’s