Word: feds
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Dates: during 1980-1989
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...there are likely to be many more. Fed by the recent upsurge in women officeholders, the political pipeline should be brimming with potentially competitive Democratic women, few of whom are household names now. Missouri State Senator Harriett Woods, 56, who in 1982 narrowly lost her bid for the U.S. Senate to Republican Incumbent John Danforth, is moving into the national spotlight again with a race for Lieutenant Governor. In Oklahoma, four-term State Representative Cleta Deatherage Mitch ell, 33, caught the eye of national Democratic officials with her savvy performance as a member of the party's Hunt commission...
Everyone is condemning Louis Farrakhan for his remarks about Reporter Milton Coleman. Blacks are fed up with Uncle Toms who run back to Ole Massa repeating what is said among blacks. When the Knights of Columbus or B'nai B'rith have a meeting, their members do not tattle to blacks...
...month as hopeful New Yorkers waited to place their bets. Among them: Governor Mario Cuomo, who stood in the rain for 20 minutes in Manhattan to buy $5 worth of chances. "There's something going on in this state," he said. "It's called greed." No wonder. Fed by three successive drawings that failed to produce a big winner, New York's lottery jackpot had ballooned to a record $22.1 million, the highest ever in North America. (The world's largest: Spain's El Gordo, "the Fat One," which in 1983 amassed a $73 million...
...about Continental on May 10. Details were hashed out in meetings and phone calls between Federal Reserve Chairman Paul Volcker, FDIC Chairman William Isaac and Comptroller of the Currency C. Todd Conover. "This is a very historic thing," said one New York banker. "This is the first time the Fed has been party to any kind of statement that 'nobody is going to lose...
...election-year broadsides have traditionally had little influence on the Fed, and the latest ones will also probably be ineffective. By hewing to a strong anti-inflation line for the past five years, the Federal Reserve tamed the runaway inflation that had plagued the American economy for more than a decade. It is unlikely to change its policies in the face of criticism...