Word: lesters
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...programs around the country have reported "psychotic episodes" among MDMA users. Even the drug's most avid supporters concede that there should be some limits on MDMA. They hope to persuade the Government to place Ecstasy in a Schedule III classification, joining restricted drugs like codeine. Says Harvard Psychiatrist Lester Grinspoon: "The law would still have what it needs, but it wouldn't retard the kind of research we need...
Such prospects leave advocates of tax reform dry-eyed. Says M.I.T. Economist Lester Thurow: "We have some industries like real estate that basically pay no taxes." But real estate operators insist that the public also would be hurt. The costs of owning a house, cooperative apartment or condominium would rise under the new tax plan because property taxes would no longer be deductible and the interest deduction on principal residences, even though it would be retained, would be worth less. A $10,000 deduction saves the homeowner as much as $5,000 in federal taxes at a 50% top income...
...business loans from 10 1/2% to 10%. This action will help many businesses finance expansion plans and may also lead to lower interest on some consumer loans. TIME's economists forecast that the prime rate will fall at least another notch, to 9 1/2%, before leveling off. M.I.T. Professor Lester Thurow predicted that the prime rate will decline to 8% by the end of the year...
...wary of "romanticizing the war." Afterward he dipped into the vocabulary of psychospiritualism to offer his appraisal: "It was more like an exorcism." Still, no matter how dark or ambiguous their emotions, few seemed to disagree with the end-of-the-show assessment that came from ex-Army Specialist Lester Modelowitz, 38. "Nothing will ever make up for the ten years," he said, "but New York did a hell...
...called Classic Country Cottage in Reston, Va., is indeed a small (1,500 sq. ft.), compact cottage. Clever manipulation of the two-level interior spaces, however, makes it look and feel much larger. Designed by Woodstock, N.Y., Architect Lester Walker, the house is made entirely of wood, with cedar bevel siding and bright blue trim. This model home was sponsored by the American Wood Council and House Beautiful magazine...