Word: lacayo
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...peace with the Sandinistas, Lacayo has dealt with them very gingerly, opening him up to another set of criticisms and splintering the 14- party coalition that supported Chamorro's candidacy. Francisco Mayorga, who served as Central Bank president, resigned last October after stormy clashes with Lacayo. Says he: "Antonio can't make any decision without the acquiescence of the Sandinistas...
...brashest critic of the administration's soft policy on the Sandinistas is its own Vice President. Godoy remains outraged that General Ortega held on to his army post and has repeatedly called Chamorro and Lacayo "prisoners of the military." Lacayo pounces on such overheated rhetoric. "How much accommodation with the Sandinistas is too much?" he asks. "If we're too generous, that's better than not being generous enough. The gains we've made by negotiating with the Sandinistas are enormous. For a start, we're not killing each other anymore...
That argument may temporarily assuage war-scarred Nicaraguans, who yearn for prosperity and peace. But investing a single unelected official -- even one as able as Lacayo -- with so much authority is contrary to the spirit of democracy, and calls to mind Lord Acton's theorem about the corrosive effect of absolute power...
State-owned enterprises became private overnight, with former Sandinista Cabinet ministers and army officers listed as executives. Chamorro's government is attempting to evict Ortega and a handful of other Sandinista squatters from their mansions. But for the most part, it has decided to ignore "la pinata." Says Antonio Lacayo, Chamorro's right-hand man: "In this country, political reality has more weight than...
ASSOCIATE EDITORS: Richard Behar, Lisa Beyer, Janice Castro, Philip Elmer- DeWitt, Nancy R. Gibbs, Richard Lacayo, Michael D. Lemonick, Thomas McCarroll, Richard N. Ostling, Priscilla Painton, Sue Raffety, Janice C. Simpson, Jill Smolowe, Susan Tifft, Anastasia Toufexis, Richard Zoglin...