Word: pointing
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Dates: during 1990-1990
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Steven Wieber, a Boston resident, was help up at knife point 12:55 Sunday morning by two men at Kirkland and Irving Streets, according to the Cambridge police...
...bishops could point to small signs of success: the overall seminary dropout rate has declined from 30% in the 1960s to 10%. But even if the vocational decline continues, the hierarchy has an answer: in recent years, lay people have taken over many of the tasks of running their parishes. "In that vision of the church, you don't need as many priests," said one bishop. That is cold comfort to Catholics who lack a priest to say Sunday Mass, but it is a vision that the bishops are determined to keep in case their gamble fails...
...accomplish one of its main goals: encouraging the Federal Reserve to lower interest rates. With the threat of recession more and more apparent, Fed Chairman Alan Greenspan has indicated that he would ease credit once a plan was adopted. But financial experts expect no more than a quarter-point decline in interest rates, far less than the 1.5% drop the Administration has been hoping for. "This agreement will give the Fed a degree of maneuvering room, but not much," says Lyle Gramley, a former Fed governor...
With that decided, Gephardt placed a phone call to Budget Director Richard Darman, who was still the White House point man in the negotiations, though he and chief of staff John Sununu had both been cast in messenger roles because their aggressive arm bending in support of the budget summit's package had alienated many Republicans and most of the Democrats. Gephardt told Darman that the Democrats would give up the surtax in exchange for a tax-rate increase for the rich and a phaseout of their personal exemptions, along with a 5 cents gas tax hike...
...added clean-air costs of $25 billion a year or more may be hard to swallow at a time when politicians are proposing higher taxes and cutbacks in social services. Environmentalists point out that the cost of doing nothing could have been higher, perhaps $50 billion a year. It is not clear, though, exactly how one calculates the price of forests ruined by acid rain or the suffering caused by pollution-related lung diseases and birth defects...