Word: malcolms
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...impact on the election. Moreover, the Federal Reserve realized that it had been too stringent and opened up the money-supply spigot. That helped send the prime rate down to 10.75% by late December. In the fourth quarter, growth picked up to an estimated 2.8% pace. Concluded Commerce Secretary Malcolm Baldrige: "This year the economy came in like a lion and is going out like a lamb...
...MALCOLM MCLAREN: FANS (Island). The man who launched the Sex Pistols takes a shot at opera. Surprise: it's lyrical and funny...
Alan Simpson of Wyoming, a popular and witty conservative, easily won election as majority whip. But two Northeastern moderates, Rhode Island's John Chafee and Pennsylvania's John Heinz, nosed out Western Conservatives Jake Garn of Utah and Malcolm Wallop of Wyoming for the chairmanships of the Republican Conference of the Senate and the National Republican Senatorial Committee, which serve as the party caucus and fund-raising arm, respectively. Both men are notably less conservative than McClure and Lugar. whom they replace. "The White House is not going to like it." said one moderate Republican Senator...
...meeting, agrees. "What the Administration is actually doing is caving in to Japanese pressure," he says. "The U.S. has not won a promise from Japan to end commercial whaling and may not even have a deal to limit sperm whaling." Conservation groups have sent U.S. Secretary of Commerce Malcolm Baldrige a letter documenting Japanese whale kills this year and urging him to "certify" the Japanese as violators of the IWC agreement. If he does not, they say they will take the Government to court. William Rogers, who represents the environmentalists, notes that a lawsuit would be "based on the premise...
...what we accomplished in the first term. Our main purpose was to reduce the rate of increase in Government, and we're going to keep on down that line." The Cabinet sessions were interspersed with a series of intense budget meetings involving Secretaries Regan of Treasury and Malcolm Baldrige of Commerce, Budget Director Stockman and the President's closest White House aides. Reagan held a closed-door, 80-minute session with his two top foreign policy advisers, Secretary of State Shultz and National Security Adviser Robert McFarlane, receiving from Shultz a broad outline of proposals for U.S. initiatives...