Word: darman
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Dates: during 1990-1999
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...RICHARD DARMAN...
...banker, but as a former Secretary of State and George Bush's veteran campaign handler, his Washington and worldwide connections are unsurpassed. The same is true of the firm's chairman, Frank Carlucci, a former diplomat who was Ronald Reagan's Defense Secretary. When teamed with managing director Richard Darman, who as Bush's former Budget Director brings financial as well as political expertise, the group seems like a Republican Administration in exile. And its members hope to lure in another noted nonbanker, Colin Powell, when he steps down this fall as Chairman of the Joint Chiefs of Staff...
...that his plans could change. He is rumored to have held job talks with the Carlyle Group, a Washington investment firm headed by his old mentor and boss, former Secretary of Defense Frank Carlucci. (Two other rumored Carlyle hires: former Secretary of State James Baker and Budget Director Dick Darman.) Powell, who lives in government housing, has asked a real estate agent to find a home for him in the $1 million range, a figure not ordinarily within the military pay scale. His aides claim that the general is just house hunting before his Sept. 30 departure from the chairmanship...
...give no offense led him to make many of the campaign promises that now lie bent and broken on the floor. Some of the latest reversals were unavoidable: Clinton's campaign mathematics were untenable long before the Bush Administration revised its projections of future deficits. Budget Director Richard Darman's estimate of deficits in excess of $300 billion through 1997 simply hastened the need for Clinton to curtail his plans and start spinning down expectations. In early January, aides began to back away from his improbable plans to provide tax relief to middle-class Americans, spend $20 billion on infrastructure...
...Richard Darman said last October (using the Washington Post's Bob Woodward as his courier) that the "read my lips" pledge was a campaign maneuver, urged by Roger Ailes to counter the picture of Bush as a wimp. Bush resisted making a dubious pledge, but once it was made, once his manhood was vindicated by it, he could abandon the pledge only at his peril. If he did not break it, one tool was denied him in coping with mounting interest payments on the deficit (which doubled in Bush's years). If he did break it, his macho moment became...