Word: democratic
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Dates: during 1980-1989
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Massachusetts Congressman Barney Frank disclosed his homosexuality in 1987 and was re-elected the next year by a 70% majority. Now the Democrat must again test his constituents' tolerance of his sexual habits. Last week, after the Washington Times broke the story, Frank admitted that in 1985 he paid for sex from a male prostitute who had advertised in a gay newspaper. The Congressman then hired him, with his personal funds, as a $20,000-a-year errand boy for his Capitol Hill apartment. In 1987, Frank said, he decided that the man was using the apartment for prostitution...
...Administration plan would cut capital-gains taxes to 15% but would also phase in a rule requiring investors to hold an asset for three years in order to qualify for this rate. The House measure, proposed by Georgia Democrat Ed Jenkins, would cut capital-gains taxes to 20% on investments held at least a year. But the cut would be short-lived; in two years the rate would return to 28% with indexing for inflation. Investors would be sure to roll over their assets and produce a quick windfall for the Treasury -- at the expense of future tax collections. House...
...appeal. Most damaging, Lucas displayed a woeful ignorance of basic civil rights issues. Asked about the distinction between de facto (actual) and de jure (legal) segregation, Lucas drew a blank. "If it had been a white man who had been nominated who had the same background," said Alabama Democrat Howell Heflin, "he wouldn't have gotten anywhere. I think the fact that Mr. Lucas was black caused more consideration to be given...
...quaint system of making deals with shouts and hand signals be replaced with automated computerized trading, as has been done in Tokyo and London. "It is time to jettison this Rube Goldberg . . . system and replace it with a sophisticated electronic system that records trades as they happen," said Massachusetts Democrat Edward J. Markey, chairman of the House subcommittee on telecommunications and finance...
...staff of the Wall Street Journal. Defending his activities in a 1970 Journal op-ed piece, MacDougall wrote, "A well-trained reporter with pride in his craft won't allow his beliefs to distort his stories, any more than a Republican surgeon will botch an appendectomy on a Democrat...