Word: caps
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...moment the gavel fell Thursday morning. Judiciary Committee Chairman Arlen Specter (R-Pa.) announced that a search of Library of Congress records demanded by Democrats had been completed at 2 a.m. and that no reference to Alito was found in documents pertaining to the Concerned Alumni of Princeton (CAP). Sen. Edward M. Kennedy (D-Mass.) had threatened to push to subpoena the records, which are included in the papers of William A. Rusher, a former publisher of National Review and a founder of the group. Alito, a 1972 graduate, had claimed membership in CAP when he applied to the Reagan...
...Officials in both parties agree that Alito has made no obvious slip-ups, but Democrats complained about his parsimonious answers and spotty memory. Particularly harsh exchanges were prompted when the judge-who is known for his fastidiousness-insisted that he could not remember any of the controversy surrounding CAP, and its opposition to affirmative action and the admission of women at Princeton. "I've said what I can say about what I can recall about this group," Alito said, "which is virtually nothing." He went on to say, "I have wracked my memory on this." He added that while...
...Senator Edward M. Kennedy (D-Mass) did not hide his skepticism over those answers, and engaged in a testy exchange with Specter over his demand to see the Library of Congress papers pertaining to CAP. "We are entitled to this information,? said Kennedy. ?It deals with the fundamental issues of equality and discrimination.... I'd want to give notice to the chair that you're going to hear it again and again and again and we're going to have votes of this committee again and again and again until we have a resolution." Specter shot back: "Well, Senator Kennedy...
...much an emotional barometer as it is a gauge of the economy. Indeed, if stocks were purely rational, the Dow would have set a new record by now. GDP growth is on track, inflation is tame, corporate earnings are good, dividends are up and values have become attractive. Large-cap valuations in particular, says Leon Cooperman, who runs the $4 billion hedge fund Omega Advisers, "are reasonable...
...cap it off, the G-8 would fall almost precisely on the 20th anniversary of Live Aid, and Bono wanted a concert to prove how far the movement had come. Bob Geldof "didn't want to repeat himself," says Bono, but six weeks before the summit he hit upon the idea of staging free concerts in each G-8 country. After a frenzy of persuasion, cities were lined up, sponsors found and bands, many of which already had concerts scheduled for the day, were persuaded to divert from their itineraries and play for free. "Charm, handsomeness and the fact that...