Word: legacyism
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Bush and Winnick claim that they don't recall exactly what was said at the reception. But there is no forgetting the coziness of Global Crossing's co-chairman, Lodwrick Cook, with the Bush family. A director of the elder Bush's presidential library, Cook gave the G.O.P. $325,000...
That is not all the big steelmakers want. USX-U.S. Steel has asked Washington to waive antitrust law and let it merge with Bethlehem Steel, National Steel and other troubled companies. USX-U.S. Steel also wants the government to assume the unfunded pension and retiree-health-care obligations...
To be sure, it's in the interest of the U.S. economy to maintain a healthy steel industry. And on a variable-cost basis (for raw materials, energy and so forth), integrated steelmakers could well be globally competitive. But a bailout for their legacy costs and years of poor planning...
Nothing would please Chinese President Jiang Zemin more than bonding with Bush. He needs America. Jiang faces probably the most bruising power struggle of his career as he tries to secure his legacy by placing his protEgEs on crucial perches before he retires at a year-end Party Congress. Having...
Science Fictions: A Scientific Mystery, a Massive Cover-Up, and the Dark Legacy of Robert Gallo