Word: bond
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Dates: during 1970-1979
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Bright, personable Governor Christopher ("Kit") Bond, 37, was considered a rising star of the G.O.P. and a sure bet to gain a second term. But in the biggest upset of Tuesday's gubernatorial races, he lost by less than a 1% margin to Democrat Joseph P. Teasdale, 40, a former prosecutor from Jackson County (which covers Independence and Kansas City). Known as "Walkin' Joe" after his unsuccessful trek around the state seeking the Democratic gubernatorial nomination four years ago, Teasdale hammered away at the Republican in debates and TV ads, painting him as a "corporate man" with ties...
...with running the statehouse for partisan advantage. Du Pont told his audiences, "We have government of the politicians, by the politicians and for the politicians." Du Pont promises to run a lean, efficient administration, but he faces the likelihood of a large deficit and the certainty of a low bond rating in the state of Delaware...
...machismo. He has a will that seems more than a match for Hollywood. Producer Irwin Winkler (They Shoot Horses, Don't They?) says, "I still can't believe I did it. I mortgaged my house to put up the $50,000 completion bond for Rocky." Winkler and Coproducer Robert Chartoff were stunned when Stallone insisted on playing the title role himself-and got his way, although he had $104 in the bank at the time. He remembers telling his wife Sasha: "If you don't mind going out in the backyard and eating grass...
...town to the Wampanoag. The suit, however, would allow householders to stay as long as they paid "fair rental value," which could amount to more than $2 million annually. Though the suit could drag on for years, the town was stunned to learn in September that the leading Boston bond counsel, Ropes & Gray, refused to okay a $4 million bond issue for a new school. Its reason: since Indian lands cannot be taxed, a Wampanoag legal victory could wipe out the tax base for paying off the bonds. Word spread quickly to local banks, which began shutting off mortgage loans...
...Even if we have national leadership, you have to have very strong local fiber. We have seen some good ideas at the national level, but when they are floated down to the local level, there is not that civic bond, that community, that administrative process that can translate them into reality...