Word: federales
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Dates: during 1980-1989
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On April 9, 1987, all five Senators met with bank examiners summoned from San Francisco to DeConcini's office. DeConcini is quoted in notes from the meeting telling the examiners that "actions of yours could injure a constituent." Glenn said, "To be blunt, you should charge them or get off...
The bomb was allowed to keep ticking for two more years. Fortunately for Keating, FHLBB head Gray was replaced by the very sympathetic M. Danny Wall, a former aide to Utah's Republican Senator Jake Garn. Wall transferred responsibility for Lincoln from San Francisco to Washington. At House Banking Committee...
Common Cause has asked the Senate ethics committee to appoint an outside counsel to investigate the five Senators' efforts for Lincoln and their alliance with Keating, who has been in trouble with federal regulators once before. In 1979 the SEC cited Keating for receiving illegal loans and using corporate funds...
The ideal free-market tax system would be no taxes at all. Taxes discourage productive activity: working, saving, investing. Even President Bush, though, seems to recognize that we can't borrow the entire federal budget. So taxes are necessary. In real life, the ideal free-market tax system is one...
The problem of crack abuse among the affluent is especially disturbing because it comes at a time when the middle class seemed to be weaning itself from recreational drugs. Between 1985 and 1988, the number of casual drug users in the U.S. dropped from 23 million to 14.5 million, according...