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The Savings and Loan Mess

September 18, 1988
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William Grieder writes a regular column in Rolling Stone Magazine that analyzes political and economic issues having little to do with rock music and bands. In the August 11th issue, he reports on a burgeoning bank fiasco that may suck up more of your tax dollars than you can begin to guess. Grieder, who authored…

Voters Should Demand More Dukakis-Bush Debates

September 12, 1988
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George Bush does not believe that the American people are interested in seeing Presidential debates this fall. His opponent, Michael Dukakis, wants to have four debates with the Vice-President. So, after numerous sessions between their respective negotiators, Dukakis and Bush will have only two debates, one on September 25th in North Carolina and the other…

DOT’s Proposal to Reduce Fuel Economy Standards

September 3, 1988
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Prominent scientists are warning that increasing combustion of oil, gas and coal is feeding the dreaded Greenhouse Effect — the warming of the planet with awesome consequences for climate and sea levels. Government economists are pointing to the inexorable climb of oil imports — nearing the 50% of domestic consumption level — to the United…

It’s Time for Greed Anonymous

August 26, 1988
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Everyone has heard of Alcoholics Anonymous. Maybe it is time for Greed Anonymous to shake the addiction out of the Truly Greedy Wealthies in this country. Such a voluntary society may attract self-doubting zillionnaires into a higher quality of life for themselves and many others. This musing came while perusing the latest issue of the…

Safe Food Week

August 14, 1988
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If there is anything more revealing about a government’s abuse of authority than being able to ignore accurate media exposure, it is being able to shrug off public condemnation from within government itself. The Reagan government has taken this imperviousness to new depths. Government reports continue to pour out documenting reckless, wasteful and callous behavior…

Reagan’s Economic Legacy

August 5, 1988
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On the same day, Monday, August 1, 1988, two different views appeared in the Wall Street Journal and the New York Times about the state of the American economy. First, here is political commentator, Mark Helprin, writing in the Journal: “after the longest peacetime economic expansion in American history, record employment and a two-point drop…

Medical Malpractice

July 30, 1988
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A curious paradox is playing in the area of medical incompetence. More reports are documenting the growing scope of medical malpractice and its patient casualties, while more medical associations are lobbying state legislatures to make it more difficult for patients to take doctors who harmed them to court and win an adequate award. Hovering like…

TV Networks Coverage of Conventions

July 25, 1988
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Appearing on ABC’s NIGHTLINE PROGRAM during the last day of the Democratic National Convention, Roone Arledge, president of ABC News appeared uncomfortable with his power and disingenuous in his explanations. He had been quoted the previous day as saying the Democratic convention was so boring that he was thinking about cutting back his network’s future…

Ailing Savings and Loan Industry

July 17, 1988
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Get ready for the bankers and politicians to push for the biggest taxpayer bailout in American history next year. Reagan’s nominal bank regulators are telling Congress that there are 515 insolvent savings and loans associations and another 300 to 500 nearly insolvent thrift institutions in these United States. Their doors are still open for business…

Insurance Companies Shirk Public Duty

July 11, 1988
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“What is the duty of an insurer to the public when it has knowledge of serious product defects which are likely to cause injury’?” This was the question that Aetna claims attorney, William D. McGehee, asked in a letter to an associate sent in December 1981. Mr. McGehee was not speculating. The context for his…