Deregulation push aims to free consumer banking
The Depository Institutions Deregulation Committee moves to lift rate controls with August 1 start for higher depositor yields and a plan to end all rate ceilings by August 1985. Public comment will be sought on allowing up to 10.5 percent on ordinary passbook accounts. Proponents say consumers gain while some institutions warn of higher costs.
MENTIONED IN THIS ARTICLE
Depository Institutions
Congress
Treasury
Donald Regan
Treasury Department
Letters Critics Buffalo Wallow Park Versus Roads in Odessa
Odessa resident Terry A Boyles urges officials to repurpose Buffalo Wallow as a park near the mall, arguing drainage and revenue benefits, criticizing tarred streets, and proposing mesquite removal to attract visitors and increase city funds. He questions use of taxpayer money and favors a park over trench work.
MENTIONED IN THIS ARTICLE
Odessa
UTPB
Mall
Buffalo Wallow
Imperial
Sequoia, Rabbit Attacks and Reagan’s Yacht Debates
A Washington Post piece recalls Jimmy Carter in a rowboat fending off a rabbit scare and notes the Sequoia yacht sold by Carter, later repurchased for over 1 million, with Reagan free to use it. It contrasts Vice President Bush’s fast Cigarette boat and Coast Guard rescue readiness.
MENTIONED IN THIS ARTICLE
Newhouse News Service
Washington
The
Washington Post
Jimmy Carter
United States
Annapolis
Herbert Hoover
Hoover
Carter
Washington Navy Yard
Potomac
Woodrow Wilson Bridge
Navy Yard
Harry Truman
White House
Reagan
Bush
Secret Service
Sequoia
Coast Guard
No Confidence Vote Changes House Power Dynamics
Washington column notes the June upheaval in the House as Speaker O Neill and leader Wright lose control. It details party discipline erosion, the budget rule battle, and a Republican surge with 29 Democrats crossing party lines, raising questions about Reagan era governance and future coalitions.
MENTIONED IN THIS ARTICLE
James J. Kilpatrick
Washington
House of Commons
House of Representatives
Thomas P
Tip’’ O'Neill
Jim Wright
Texas
Reagan
Congress
White House
House
Senate
Writer Doesn't Mind a Bit Not Being Drafted
Mike Royko recalls a feminist clash over the 1970s draft ruling. He argues personal discomfort, irony, and social bias frame debates on equality and draft exemption. The piece blends self mockery with social critique, noting the uneven effects of conscription across race class and gender.
Atom age shadows Truman decision in Manchester memoir
Paul Harvey reflects on the dawn of the atomic era and the controversial use of atomic bombs on Hiroshima and Nagasaki. He praises William Manchester for Goodbye Darkness research and notes Douglas MacArthur's wartime life loss estimates and Truman's decision.
MENTIONED IN THIS ARTICLE
Japan
Hiroshima
Nagasaki
William Manchester
Manchester
Truman
Douglas MacArthur
July 2 in history. MacArthur praised for precision and Japan war legacy
July 2, 1981 highlights MacArthur's Pacific campaigns and Hiroshima Nagasaki context. It notes Truman's awe, his estimate of one million lives for five island invasion, and Japan's resolve. Also mentions MacArthur's postwar Japan health reforms saving lives, Garfield shot in 1881, Sherman Act 1890, Earhart last heard 1937, and Pascal quote.
MENTIONED IN THIS ARTICLE
Pacific
Washington
Truman
MacArthur
General MacArthur
Imperial
Japan
Saipan
Hiroshima
Nagasaki
Tokyo
Manchester
James Garfield
Charles Guiteau
Garfield
Also Mentioned on This Page
Permian Basin
David F. Lyons
Jim Welsh
Ronald Barnard
U.S. League of Savings Associations
Terry A. Boyles
Bar Register
Mike Royko
Supreme Court
Humboldt Park
Chicago
Western Union
Korea
Paul Harvey
Amelia Earhart Putnam
Blaise Pascal
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