Word: ende
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Dates: during 1980-1989
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...Nunn. Several accused the chairman of deciding secretly two weeks ago that Tower had to go and then browbeating his Democratic colleagues into a party-line vote. But that claim underplayed the qualms of some Republican Senators. John Warner, the ranking G.O.P. member on the committee, decided in the end to support Tower for two reasons: Bush wanted him for the job, and Warner wanted to secure his own political future...
...loyalty and their dislike of Tower. Then, presuming all 100 Senators voted, Bush would have to win over at least five Democrats to produce a 50-50 tie, which Vice President Quayle could break in Tower's favor. That also looks like a long shot. Aides at week's end could produce the names of only three or four Democratic Senators susceptible to conversion. Besides Tower's fellow Texan Lloyd Bentsen and Charles Robb of * Virginia, the list included such unlikely possibilities as Massachusetts' Edward Kennedy and Christopher Dodd of Connecticut. White House aides point out that Tower cast...
Considering how Tower has been weakened, it was difficult to see why he was stubbornly clinging to his diminishing hopes of getting the job. Some prominent Republicans at week's end were urging him to spare Bush further embarrassment. "Even if he wins, what has he won?" they asked. It was a difficult question to answer, far more difficult than the question of what Bush stands to lose: not just a Secretary of Defense, but the all-important impression that he is in command of a government with sound judgment, creative ideas and lots of momentum...
...END OF TRAGEDY by Rachel Ingalls (Simon & Schuster; $16.95). Four novellas by an author who already commands a formidable cult following. This time out, as before, she rubs against the grain of tired old plots and creates electrifying, hair-raising results...
...alarm through homes, offices and executive suites, where memories of the inflation battle of 1981-82 still linger. Those fears were quickly rekindled when major banks, led by Chase Manhattan, boosted their prime lending rate from 11% to 11.5%, the second increase in two weeks. At week's end the Federal Reserve confirmed the quickening trend by raising its discount rate, which is the rate it charges banks for short-term loans, from 6.5% to 7%. Anticipating the effects that $ rising rates will have on business and the economy, the Dow Jones industrial average plunged 42.5 points in one session...