Word: carterized
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Dates: during 1980-1989
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...Marathon Oil hired Tommy Boggs' firm to push a congressional bill that would block the merger. The firm managed to get the bill through the House by using a little-known procedural rule at a late-night session. In the Senate, however, Mobil--represented by former Carter Aide Stuart Eizenstat--was able to stop the bill when Senator Howell Heflin of Alabama blocked consideration on the Senate floor. Heflin is a friend of Mobil Chairman Rawleigh Warner...
...love 'em," quips Vermont Senator Patrick Leahy. "Without them we would have to decide how to vote on our own." Sarcasm aside, lobbyists do serve a useful purpose by showing busy legislators the virtues and pitfalls of complex legislation. "There's a need here," says Anne Wexler, a former Carter Administration aide turned lobbyist. "Government officials are not comfortable making these complicated decisions by themselves." Says Lobbyist Van Boyette, a former aide to Senator Russell Long of Louisiana: "We're a two-way street. Congress often legislates on issues without realizing that the marketplace has changed. We tell Congress what...
...celebrity tennis tournament that drew scores of Washington lobbyists and netted $450,000 for Nancy Reagan's antidrug campaign. Lobbyists, not surprisingly, work hard not just at re-electing Congressmen but also at befriending them. Congressman Tony Coelho of California describes the methods of William Cable, a former Carter Administration aide who lobbies for Timmons & Co. "Three out of four times," says Coelho, "he talks to you not about lobbying, but about sports, or tennis--I play a lot of tennis with him--or your family. He's a friend, a sincere friend." Congressman Thomas Luken of Ohio...
...showing signs of becoming a free fall. Since December the dollar has dropped by 19% against the Japanese yen and 8% against the West German mark. It dipped last week below 180 yen for the first time since October 1978, when the American currency seemed so feeble that President Carter announced a dramatic rescue plan. Economists now wonder whether the current decline will end in a soft landing or a painful crash. Says Alan Greenspan, a New York City economic consultant: "There is an increasing danger now that the dollar's fall may prove to be as big a problem...
...fire the small committee staff and replace it with a kind of miniature CIA of his own: 24 area and military specialists, systems analysts, economists and others grouped along the lines of the agency's organizational table and headed by McMahon, who was a top CIA executive during the Carter Administration. The staff keeps its own list of what it judges to be the ten most important issues in the world, ranging from Soviet foreign policy to the impact of declining oil prices, and pesters the CIA with an average of two requests a week for highly detailed analyses...