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After Regan's attack on Fed policies, the White House pressured the agencies involved to produce some agreed-upon "guidance" that all spokesmen could adhere to. A memo of understanding, signed by Sprinkel and Stockman's top economic aide, Lawrence Kudlow, among others, said that all concerned agreed on a steady slow growth of the money supply, which the Fed was moving to accomplish. The message ended: "Nothing which has been said in recent days indicates a retreat from that commitment." A White House spokesman as much as admitted that concern about economic disunity had been only temporarily...

Author: /time Magazine | Title: Reaganomics: Too Many Voices | 10/19/1981 | See Source »

Undeterred by that chilly response, Gibson gave the London Daily Mirror a memo purportedly written by a De Lorean executive. It was silent on the subject of a multimillion-dollar investment shortfall, but described a lesser lapse. The memo said the company had purchased gold faucets and other items worth $19,000 at Harrods, the expensive London department store, for the Ulster home of one of its executives. The firm reportedly "fuzzed" these expenses in bookkeeping records. De Lorean dismissed the latest charges and added: "We plan to file substantial libel actions against all the De Lorean people involved...

Author: /time Magazine | Title: Reading the Mail | 10/19/1981 | See Source »

...least one master also received a cover letter with his memo, stressing that serving or sale of alcohol is forbidden at public events...

Author: NO WRITER ATTRIBUTED | Title: Trying to Regain 'Civility' | 10/10/1981 | See Source »

...Eagle Scout from Grand Rapids is represented by full-size replicas of the Oval Office and the Quonset hut from which he ran his first, successful, campaign for Congress in 1948. Among the treasures: Ford's typed pardon of Predecessor Richard Nixon, an aide's memo suggesting that he not keep Alexander Haig as Chief of Staff, and a copy of the Declaration of Independence made out of Campbell's alphabet soup noodles. Said a jubilant Ford of his special day: "They say you can't go home again. They're wrong...

Author: /time Magazine | Title: A Grand Hail to an Ex-Chief | 9/28/1981 | See Source »

Education Week's first edition offered a splendid scoop: a series of excerpts from the 91-page secret memo written by Secretary of Education Terrel Bell telling how he plans to dismantle the Education Department and change the Government's role in education. Wolk's staff of 20 provides a weekly summary of education news in short takes, plus clear but comprehensive studies of major issues. One notable example: a detailed and trenchant analysis of the status and achievements of busing just as the policy is about to be abandoned. The paper's 19,000 charter...

Author: /time Magazine | Title: Education: ABC Coverage | 9/28/1981 | See Source »

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