Word: feds
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Dates: during 1980-1989
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...economic moves against the U.S.S.R.: "I haven't called for a trade embargo, but I have called for a very substantial tightening of technology, which I think we have fed to them by legal means and had it pilfered from us by illegal means. We have to recognize that trade with the Soviet Union is not like trade with Britain or France or Japan. The profits that arise from trade in the Soviet Union go directly, for the most part, to the military. In the case of a power that uses everything it can to enhance its military...
...interest rates that are the main cause of the current economic crisis. He tried to allay Wall Street worries that the Administration wants to subvert the Federal Reserve Board's policy of keeping a tight rein on the money supply, and thus refuel inflation. After a meeting with Fed Chairman Paul Volcker, Reagan used his press conference to call a halt to recent White House carping about the Reserve Board's independent stewardship of monetary policy. Said he: "I have confidence in the announced policies of the Federal Reserve Board. The Administration and the Federal Reserve can help...
...prime rate that banks levy on corporate customers still hovers around 16½%, more than double the interest charge that prevailed in 1977. The high rates are partly the work of the Federal Reserve, which is trying to restrain inflation by reining in the growth of the money supply. Fed Chairman Paul Volcker told Congress last week that he would continue holding the line on money growth. He said that the real cause of high interest rates was growing Government deficits, which are soaking up an ever greater share of the funds available in financial markets. Volcker charged that current...
...Washington, Lawyer Catherine Stevens, 37, wife of the Senate majority whip, Alaska's Ted Stevens, occasionally uses convenient Secret Service agents as baby sitters for her six-month-old daughter. She once breast-fed her in a room beside a presidential banquet. Mr. Reagan signed a menu for the infant. Even board rooms contain more than the usual number of maternity business suits these days. The senior officers' dining room of a New York banking concern, where executives entertain clients at lunch, was recently over whelmed by pregnant women. Said one female executive: "They thought at first it was something...
Anthony Anstey (Peter Van Norden) emerges not only as a too finely tailored and too fully fed villainous wheeler-dealer, but in Gutierrez's vision he becomes a Brechtian figure of American corruption. Goldie's aunt and guardian, Mrs. Kensworth (Anna McNeely), the kind, matronly refugee from a F. Scott Fitzgerald novel, foreshadows the decadence of the roaring '20s. Her and Anstey's affectations, their overladenness with jewels, and their presumed moral superiority add a touch of the gilded future America would find in store...