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That is distilled Reaganism, pure and very, very simple. Down with the feds, up with "the people," which in practice means state authorities and the movers of industry and commerce. Reagan believes this message in every cell of his 6-ft. 1-in., 185-lb. body. If he starts sleeping in the Lincoln bedroom next January, the U.S. will see the biggest change in tone and direction from Washington since F.D.R.'s wheelchair rolled into the Oval Office nearly 50 years ago.