Word: hooverized
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...external world's interest in Africa threatens to become merely charitable -- a matter of humanitarianism, a moral test for the West. Should the wealthy nations allow Africa to drift further and further into the margins? Says Larry Diamond, a senior fellow at the Hoover Institution: "I don't think we could live with ourselves, or would want to, if we sat by while millions of people of a different color are condemned to misery and death...
...still dangerous world. The answer may determine whether Bush, whose standing in the polls bounced up to near competitive levels last week following his precipitous decline, can win in November. If he cannot, he will be the first elected Republican President to be denied a second term since Herbert Hoover lost to Franklin D. Roosevelt...
...literal frenzy of MacArthur's reception -- Herbert Hoover called him "the reincarnation of St. Paul" -- faded over the months when he took his "Crusade" to the people. The lofty rhetoric, repeated from town to town, took on a road-show tinniness. His act verged on self-caricature. Yet enough appeal remained for Robert Taft, who was seeking the Republican presidential nomination, to offer him the vice-presidential slot. When MacArthur said he did not want to waste his time presiding over the Senate, Taft desperately offered to create a special role for him as overseer of military matters, his "deputy...
Then there's the case of Browning-Ferris. Last August two top executives at the Houston waste-disposal concern sold more than $2 million worth of company stock. General counsel Howard Hoover and chief financial officer R. John Stanton Jr. dumped half of their holdings at about 27 a share. The trades attracted little attention or suspicion until Browning-Ferris surprised Wall Street with a gloomier-than-expected earnings forecast and its stock plunged 19%. While most shareholders got trashed, Stanton and Hoover avoided $468,000 in losses with their timely sales. Disclosure of the trades led to the resignation...
Under J. Edgar Hoover, FBI agents often served as shock troops in the fight against civil rights. Last week the bureau announced a plan to end what 300 of its black agents had charged was lingering bias in the way promotions and fast-track assignments are made. The new rules avert a threatened lawsuit...