Word: lloyd
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Dates: during 1970-1979
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...REAGAN was the big winner on Saturday, the biggest loser was Senator Lloyd Bensten, who can thank Reagan that things didn't turn out worse. Jimmy Carter soundly boxed his ears in the presidential primary, winning all but five delegates. Carter got 49 per cent of the popular vote, leaving Bentsen with a thoroughly embarrassing 23 per cent, George Wallace receiving most of the rest. The defeat was all the more humiliating because it was Bentsen who had set up the presidential primary--Texas's first--solely to advance his own presidential ambitions...
Should Carter eke out a victory in a state with an equal distribution of blue-and white-collar workers and as great an ethnic mix as anywhere else in the nation, he will be well placed to defeat Favorite Son Lloyd Bentsen in the Texas primary at week's end. That would build a perhaps irresistible momentum for Carter-unless he can be slowed by the forces gathering behind Humphrey...
...though, reflects cold-war logic. The Soviets want the hard currency that their shipping industry can earn-especially U.S. dollars and West German marks-and the prestige that can come from showing the red flag around the world. Adds Karl-Heinz Sager, deputy chairman of Hamburg's Hapag-Lloyd shippers: "The Russians are also learning a great deal about the flows of trade and kinds of goods. That kind of information is invaluable for them politically and strategically...
...Thus, Lloyd served notice that he is no longer the dove on the House Armed Services Committee who helped persuade Congress last year to cut $7.8 billion from the Pentagon's fiscal 1976 budget request; the 8% reduction (to a final budget of $90.5 billion) was the largest since 1953. This year Lloyd and many other members of Congress have become Pentagon converts. Says he: "I am no hawk, mind you. But there has been an increase in the Soviet capacity to wage war. One on one we are still better. But Americans, including myself, perceive a lessening...
...Lloyd's transformation reflects a sea change in Congress's attitude toward the Pentagon budget. In recent months, would-be budget cutters have been overwhelmed by rapidly rising support for giving the Pentagon almost anything it wants. Says Republican Representative William Cohen of Maine: "The whole atmosphere has changed...