Word: carterized
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...Jimmy Carter went for flavor, not volume, on his 53rd birthday in 1977: his single cake was pistachio, reportedly his favorite. Ronald Reagan's 1981 surprise party, by contrast, featured veal, lobster, dancing - and a dozen cakes. Two years later, at the end of a televised press conference, his wife Nancy Reagan produced a small, one-candle cake for the President and another for reporters. "You understand we won't sell out for a piece of cake," quipped Sam Donaldson, then at ABC. "Oh, you've sold out for less than that," replied the President. (See TIME's politics blog...
Internship programs have produced several successes: Bill Gates was once a congressional page, Oprah Winfrey worked at a CBS affiliate during her college years, and Brian Williams was a White House intern for the Jimmy Carter Administration, just to name a few. Of course, Monica Lewinsky was a 22-year-old White House intern when she engaged in an intimate relationship with President Clinton, a scandal that still taints both offices...
...stop "natural growth" (that is, houses for expanding families). Since the Israeli army is always skirmishing with radicals like Zar, giving up the occasional outpost is politically feasible, even popular. But challenging powerful men like Goldstein ("He has a lot of friends in America," former President Jimmy Carter told TIME on his way into a meeting with the mayor) and law-abiding citizens like Sharon Katz is another matter. Politically, it is not easy for Netanyahu to face down the settlers. But if he does nothing, Obama will have to confront the Israelis more directly than has any other President...
Ever since 1978, when President Jimmy Carter signed the Full Employment and Balanced Growth Act (a.k.a. the Humphrey-Hawkins Act) into law, Federal Reserve chairmen have had to troop before Congress twice a year to explain themselves...
...seemed utterly out of step with the times, but now many economists are wondering if there is something to the idea of separating risky financial activities from essential ones. Or we could tax financial transactions, a policy suggested as far back as 1929 by Virginia Senator Carter Glass (he of the Glass-Steagall Act) and now identified most closely with the late Yale economist James Tobin. In the 1970s, Tobin proposed a tax on currency trades to throw "sand in the wheels" of international finance and damp speculation...