Word: democratics
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Dates: during 1970-1979
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...onetime critic who endorsed Daley this time: "When the ship is in trouble, you don't throw an experienced captain overboard." Daley carried 47 of the city's 50 wards, piling up 432,224 votes in the unofficial count to 217,764 for his chief opponent, Independent Democrat William Singer, who was handicapped by his youth (34) and inexperience. Farther behind were black State Senator Richard Newhouse with 58,548 votes and former State's Attorney Edward Hanrahan with 37,034. None of the challengers had the stature of a giant killer, and in Chicago Dick Daley...
There are only seven members of the Federal Reserve Board, and they are badly outnumbered these days. Liberals and conservatives, Republicans and Democrats, economists of all persuasions and more than a few Administration officials could cheerfully throttle the nation's monetary-policy managers for their performance over the past several months. Some congressional leaders, among them the new chairman of the Senate Banking Committee, Wisconsin Democrat William Proxmire, are so fretful that Federal Reserve policies are driving the economy deeper into recession that they have come to a conclusion: the board and its crustily conservative chairman, Arthur Burns, should...
...rith accused a number of private companies and U.S. agencies of discriminating against Jews, and also provided part of an Arab boycott list that extended beyond the banking community into the ranks of American business. And only a few hours after the President's Florida press conference, Idaho Democrat Frank Church, chairman of the Senate Subcommittee on Multinational Corporations, produced a copy of the entire blacklist...
...Administration and Democrat ic programs were far apart in many ways. President Ford's program is ex pensive, tough and urgent: it calls for a combination of tariffs, excise taxes and deregulation of domestic-oil and natural-gas prices in order to raise energy costs enough to force a 1 million-bbl.-per-day reduction in oil imports by the end of the year. One main aim: to in crease economic pressure on the OPEC oil cartel by encouraging stringent energy conservation efforts in other oil-consuming countries...
Seeking Toughness. The main complaint that Ford and his advisers would probably make about the Wright-Pastore program is that it does not promise to cut U.S. oil imports sharply enough. As it happens, the feeling is shared by at least one powerful Democrat, House Ways and Means Committee Chairman Al Ullman. The Wright-Pastore plan, he says, is "a Milquetoast program that doesn't do anything. Our position has to be tougher, much tougher...