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Show ' 'Home in the Suburbs' ' Becomes Vanishing Dream Because of Hie Federal Reserve Board's recent credit-tightening actions -- a move to combat inflation the government agency which regulates .. t. .hot 4 rr..n-an mav he oavine an unDrecedented inrilt insiuuiiuiis picuii-icu u.a J . r. r l. ir rinon i 14 percent interest to obtain mortgage loans during the first half of 1980. Jay Jams chairman of the Federal Home Loan Bank Board, said that there will be a dramatic impact on the housing industry because "of a lack of availability availabil-ity of mortgage credit generally and the high rates of mortgage interest where funds are available." Earlier, an informal survey of government regulators, thrift economists and housing experts showed that potential homebuyers seeking mortgage loans may turn out to be the big losers in the aftermath of the Federal Reserve Board's policies. The Final Solution At last it has come out. After months and years of debate over ways to end America's dependence on foreign sources of oil, Sen. Paul Tsongas (D.-Mass.) (D.-Mass.) has come upon a method that will end for all time our energy woes. Says Tsongas, "If we are really serious about producing new oil, I suggest that the best, the simplest, indeed the only solution is a major research and development program in dinosaur resources. We will raise them, bury them and produce oil from them." How come no one thought of that before now? |