Word: feds
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Dates: during 1980-1989
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...money managers held by Morgan Stanley & Co., the investment banking firm, Admiral Robert L.J. Long talked at length about the Soviet military threat. But at all the luncheon tables the topic of conversation was Volcker. At Manhattan's "21" Club, several businessmen were overheard discussing the Fed chairman. Eight blocks away at the Algonquin Hotel, Arthur Levitt Jr., chairman of the American Stock Exchange, and Jack Albertine, president of the American Business Conference, talked about who, if anyone, might succeed Volcker as they waited for their guests to arrive...
Volcker's future is also of intense concern outside the Washington-Wall Street axis. Even those businessmen who normally do not pay much attention to the arcane ways of the Fed or meetings of its powerful Open Market Committee are watching the situation closely. They are acutely aware that the actions of Volcker or his successor will have a crucial influence on interest rates and the availability of credit and that this will determine the health of the economy. "Everywhere I go in my district, people ask me about you," New Jersey Congresswoman Marge Roukema told Volcker last week...
Cities and towns have become fed up with the double dealing of many private operators. The people of Brookline awarded a contract to the Time-Mirror Company which, even as it was signing the contract, was negotiating to dump the franchise into the lap of Cablevision, the company owning the Boston franchise. This is one reason why Brookline is now looking at public ownership...
Thus, no matter who took the oath of office on the Capitol steps in January 1981, the prospects were bleak for progress in either strategic or intermediate-range arms control. But Reagan had an opportunity to turn the situation around. Americans, allies and Soviet leaders alike were fed up with the dithering of Carter and were ready for some old-fashioned conservatism, tempered by common sense and self-confidence. Instead, Reagan made a bad situation worse with his rhetoric suggesting implacable hostility to the Soviet Union and his deep mistrust of the very idea of arms control...
Government Spokesman Max Gallo: "France has shown that she has no intention of being a soft underbelly." Said a Western Ambassador in Paris: "I think François Mitterrand is just fed up with the brazen Soviet espionage in France." Since he came to power 23 months ago, the Socialist President has demonstrated that the presence of four Communist ministers in his government does not deter him from pursuing a tougher policy against the Soviets than his predecessors...