Word: interests
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Dates: during 1980-1989
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...surprisingly early announcement may have been meant to kill rumors that Jackson may try to become mayor of Washington in the November 1990 elections. If so, it failed. While declaring once again that he had "no plans" to run in that election, he noted that "my real interest is serving and building a coalition as a communicator." One adviser notes that since the last presidential campaign, Jackson has been looking for a "steady platform" that would keep him in the public eye. There has never been a conflict in Jackson's ability to talk, talk, talk while he runs, runs...
...million for its East Coast shuttle service, renamed it the Trump Shuttle, and now controls at least 40% of the market, in contrast to 26% when he took over. Trump has made huge killings by buying stakes in companies and leading other investors to believe he had an interest in a buyout, only to sell out after the stock price rose. Among his targets have been Golden Nugget, Pillsbury and Federated Department Stores. But because he has made an outright offer this time, analysts tend to think this is no bluff. "If the bid weren't serious, it wouldn...
...money, but politicians and air-safety experts have alleged that highly leveraged carriers might be tempted to skimp on safety measures to maintain profits. AMR released a statement last week saying it "continues to believe that excess levels of debt in the airline industry are not in the public interest...
There are few more abject sights than that of Congress surrendering to interest-group pressure. But even by the craven standards of Capitol Hill, it was striking when the House voted 360 to 66 last week to rescind the Medicare catastrophic health-insurance program that it had lopsidedly approved amid a self-congratulatory frenzy just last year. The Senate showed enough moxie to save fragments of the plan, but it too voted to kill a special income-tax surcharge (up to $800) that would have been levied solely on the affluent elderly to help fund the program...
Everyone knows how bad the U.S. budget deficit is. How it rolls like a tidal wave of red ink over the Administration and Congress, undermining the dollar, pushing up interest rates, shaking the international monetary system and threatening to put future generations of Americans in hock to foreigners forever. How, whenever moneymen gather, finance ministers moan, central bankers chide, and all stare in horrified fascination. How could America get itself into such a mess...