Word: breeder
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Howard Baker seems the perfect Government representative. But when the cuts concern his pork-barrel projects, like the Clinch River breeder reactor, he is not asking as much of himself as he does of other Senators. Baker may be a shepherd in party matters, but he is a wolf when legislation threatens Tennessee...
They thought of Bull Hancock, the late master of Claiborne Farm, the preeminent breeder of Thoroughbred racing, a man at the foundation of the sport. He died in 1972 without realizing his great dream-a Derby winner...
...weaknesses as a national leader are in some ways outgrowths of his strengths. His affection for pork-barrel projects for the folks back home seems particularly inappropriate for someone trying to shepherd a budget-cutting revolution through Congress. The most egre gious example is the Clinch River breeder reactor, a costly ($3.2 billion) boondoggle that both Jimmy Carter and, initially, Ronald Reagan tried to scuttle. Baker was "in every direction" trying to win votes for this pet project, says Senator Lugar. Baker, a former member of the old Atomic Energy Committee, says he truly believes in breeder reactors, which produce...
...named Ambassador to the Court of St. James's by President Eisenhower in 1956, and while still a diplomat, he purchased the ailing New York Herald Tribune, which he was unable to save, though it was his most treasured business project. An avid sportsman, Thoroughbred horse breeder and art collector, Whitney was an active philanthropist who gave away about $1 million a year. A man who savored the amenities and comforts his achievements easily afforded him, he never flaunted his wealth ($200 million at his death). Demanding in 1946 that his name be stricken from the Social Register...
Even in the halcyon budget-cutting days of July 1981, the House found room in its heart for the "truly needy" Clinch River breeder reactor program, approving Reagan's request for $228 million in new construction funds. The fiscal 1982 budget included a 36 percent increase in nuclear subsidies, boosting the figure to $1.6 billion, and administration planners envision an increase to $1.7 billion for fiscal 1983. In addition, the president has called for "streamlining" the NRC's licensing process to allow 33 more plants to come on line in the next two years. He has also endorsed federal financing...