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...declining production and plummeting exports, Poland seems to be teetering on the verge of economic collapse. That would be a calamity that the Soviets, for all their vital interest in shoring up a key satellite, might not be able to prevent. Ironically, the economic salvation of Communist Poland may depend on a coterie of Western capitalists with a quantity of bad debts on their hands...

Author: /time Magazine | Title: Poland: Timely Bailout | 3/9/1981 | See Source »

Tanana's arm, Carney Lansford's glasses and the invisible man, Cariton Fisk, will make the news in the next few weeks, but the squad's chances in baseball's toughest division may depend on just who Houk chooses for that last spot...

Author: By Bruce Schoenfeld, | Title: Red Sox Prospectus: The Young Arms | 3/6/1981 | See Source »

...residents use the program (the nationwide figure is 10%), which provides an average of $ 138 a month to 24,000 households. Denver is a boom town. Yet because it is an urban area with lots of poverty as well as wealth, as many as 60,000 people there now depend on the stamps. More than half the families have some form of income-Reagan proposes to cut the maximum income for eligibility from $14,000 to $11,000 a year-but at least 10,000 of them claim to be out-and-out welfare cases. Approximately 25% are elderly, disabled...

Author: /time Magazine | Title: High Cost of a Helping Hand | 3/2/1981 | See Source »

...institutions will regroup and recoup, diversifying for the short term into other banking services, then re-emerging as mortgage lenders in a decade or so. Says Thomas Maley, chairman of Chicago Federal Savings and Loan: "Banks are impersonal, while we have loyalty, a solid customer base. Our survival will depend on our ability to adapt to change."A drop in interest rates would also help a great deal...

Author: /time Magazine | Title: Earthquake Dangers for S and Ls | 3/2/1981 | See Source »

...Military service should last two years, starting either at age 18 or upon graduation from high school. The number to be drafted each year would depend on the needs of the armed forces. At present those needs total 350,000 per year. While enlistments currently fulfill about 99% of the Army's quota, a draft would provide it with a more representative cross-section. The pool of males available in that age group is 2.1 million. Women would be exempt...

Author: /time Magazine | Title: Needed: Money, Ships, Pilots - and the Draft | 2/23/1981 | See Source »

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