Word: accountants
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Dates: during 1980-1989
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What's to account for such a significant departure from the Administration's highly controversial policy of attempting to slash funds for financial aid whenever it could? Education Department officials admit that one factor is their desire to gain more influence on Capitol Hill. In previous years, when Education Secretary William J. Bennett sought massive cuts in student financial aid, Congress would simply ignore his requests and gave the Reagan Administration no say. As Loye W. Miller, Bennett's press secretary, admitted, "when you have a budget that is so unpopular that even key Republicans ignore it, then you simply...
Despite all this, and Socrates' repeated attempts to antagonize the jury, the vote against him was close, 280 to 220. Under the rules of the Athenian assembly, a second vote was needed to determine the punishment Socrates would receive. By Stone's account, Socrates gave the jury no choice but to give him the death penalty. He refused to appeal to democratic ideals of free speech, for that would be an unacceptable concession to democracy...
...insight of Socrates, argued Leo Strauss, was that the rule of philosopher-kings was both necessary and impossible. The Republic, by this account, is really a massive excercise in irony, a lesson less in how to construct a utopia than in the limits of what we can reasonably expect from politics. Stone, attributing this interpretation to one "Alan [sic] Bloom", writes that, "Plato could hardly have spent his life spoofing himself...
...Subcommittee on Terrorism, Narcotics and International Communications, Blandon alleged that Noriega turned many of Panama's public institutions -- the customs and passport offices, the railroad, the airports -- into a huge kickback scheme. Among the beneficiaries: scores of army officers, top government officials and, above all, Noriega. By Blandon's account, Noriega is the richest man in Panama, with a dozen houses, a fleet of automobiles and net assets of between $200 million and $600 million. "Panama is not in the hands of its political leaders," Blandon said. "It is in the hands of drug traffickers...
...five sweet years the individual retirement account was Everyman's tax shelter, providing a tax-deductible savings plan enjoyed by millions of Americans. But as the April 15 income-tax deadline approaches, that once sturdy shelter is leaking badly. Because of tax reform, high-income IRA holders can no longer claim deductions on contributions to their accounts. Many taxpayers, though, are not despairing; they are switching to another tax- deferred investment vehicle that has become an attractive alternative to the IRA. Its cryptic name: the 401(k). Says Christine Okenica, benefits coordinator at LeBoeuf, Lamb, Leiby and MacRae...