Savings certificates raise gains for savers but fuel higher home loan costs
Federal regulators allow savings certificates with no minimum deposit and floating rates tied to U S Treasury yields, lifting potential savers earnings above 10 percent but raising mortgage costs for buyers. Congress weighs taxing savings interest to boost net yields, arguing for a tax exemption on the first 200 to 400 dollars of savings interest to spur capital for housing and growth.
MENTIONED IN THIS ARTICLE
Savings and Loans
Federal Reserve
U.S. Treasury
Congress
Capitol Hill
Senate Finance Committee
Ford to Make Smallest Engine Yet in 77 Years
Ford Motor Company, long seen as a technology pioneer, announces it will begin producing the smallest American automobile engine in its 77 year history. The move marks a backwards step from the Model T era as the industry confronts rapid future shocks.
Equal Rights Amendment supported by local mother letters
A letter from Elizabeth Carr of Winchester argues for ratifying the ERA as a step toward equal treatment under the law and equal responsibility in defense, while Barbara L. Scarlett of Middletown criticizes a George Stoddart article about Al Carota as off-key and sniping.
MENTIONED IN THIS ARTICLE
the Star
Cathy Durbin
Elizabeth Carr
Box
Winchester
George Stoddart
al Carota
Barbara L. Scarlett
Middletown
Debatable State of the Union and the 1980s debate
The article argues for an open, bipartisan debate on Carter's State of the Union addressing Afghanistan, Iran, and broader foreign policy. It cautions against political manipulation, urges congressional discussion before or alongside televised remarks, and stresses inflation and defense budgeting as part of the decade's core choices.
MENTIONED IN THIS ARTICLE
New York Times
Washington
Carter
Afghanistan
Iran
Congress
Brezhnev
Ayatollah
Yugoslavia
Persian Gulf
United States
Union
Iowa
State of the Union
Tit for Tat China Policy Revisited by Safire
Safire analyzes U.S. China policy under Carter, contrasting 1972 courtesies with today. He argues inconsistency harms triangular diplomacy and warns of dangerous options being discussed with China including tech transfer and defense pacts.
MENTIONED IN THIS ARTICLE
Carter
Peking
Federal Chill for Meals on Wheels in 1980
In September 1979 Congress marked the 25th anniversary of Meals on Wheels as HEW draft rules threatened to snuff out the private volunteer program. The piece contrasts congregate Title VII meals with home delivered meals funded by taxpayers and cites local program fears of competition and loss of support.
MENTIONED IN THIS ARTICLE
American Enterprise Institute For Public Policy Research
Washington
Congress
America
HEW
Administration On Aging
Robert C. Benedict
Meals on Wheels program faces closure over federal rules
A Benton Harbor Meals on Wheels board terminated its Twin Cities project after a duplicate Title VII program formed nearby. Officials warn that restricting existing voluntary services could erode vital community aid as debates over the size of federal government persist. Michael Balzano, former ACTION head, is a resident fellow at the American Enterprise Institute in Washington, D.C.
MENTIONED IN THIS ARTICLE
Board of
Benton Harbor
Twin Cities
The
American Enterprise Institute
Washington, D.C
Michael Balzano
Action
Also Mentioned on This Page
Ford Motor Company
Bright Idea Outfit
Era
Rey E. Potts
P. Miller
T Loomis
Winchester Evening Star
Wire
Mondale
Moscow
Tehran
Marshal Tito
Tito
Baluchistan
Europe
Japan
Adriatic
Mediterranean
Arabian Sea
Indian Ocean
Gulf of Oman
Red Army
Romania
Soviet Union
By William Safire
New York Times Service
Zhou Enlai
Richard Nixon
Harold Brown
China
Meet the Press
Brown
Senate Foreign Relations Committee
P.R.C
White House
NATO
Pakistan
Mideast
Neiman Marcus
Nation's Association of Title VII
National Association of Meals Programs
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