Word: mckinnon
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Dates: during 1980-1989
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Stanford economist Ronald McKinnon, an expert on foreign trade and finance, concurred with that view. "A declining dollar is nothing more than a reflection of an easy-money policy," said he, adding that the excess of Government borrowing and spending increases U.S. demand for imported goods. At the same time, currencies that are strong in relation to the dollar have made American farms, factories and real estate tempting to foreign buyers, says McKinnon, "so we conduct something of a fire sale" to pay for imported merchandise...
...officials investigating the matter had been stymied. The reason: at the prompting of three controversial advisers -- the Rev. Al Sharpton and Attorneys Alton Maddox Jr. and C. Vernon Mason -- Brawley and her family had refused to cooperate with the inquiry. Seeming to confirm growing suspicions about the case, Perry McKinnon, a private investigator and former assistant to Sharpton, told the New York Daily News that the whole story was a "pack of lies...
...decorated Viet Nam veteran and former policeman who rated high marks in a previous job as a hospital security chief, McKinnon, 39, was denounced as a "pathological liar" by Sharpton. McKinnon was quickly subpoenaed to testify before the special grand jury investigating the case in Poughkeepsie. Attorney General Robert Abrams, special prosecutor in the case, declared that "if Mr. McKinnon is right, then Attorneys Mason and Maddox and the Rev. Sharpton have been consciously perpetrating a hoax...
...McKinnon told the Daily News that he quit his job as Sharpton's aide five weeks ago because he could not "live with all those lies" the Brawley advisers were concocting. Interviewed later on New York's WCBS-TV, he repeated his charges while hooked up to a lie detector. The polygraph, said the operator, indicated that McKinnon was telling the truth. According to McKinnon, the Brawley advisers did not really believe her story of abduction and rape. He said that when he personally offered to investigate, they showed no interest. "I don't care about no facts," he quoted...
...that time, there may not be a case to prosecute. Tawana's story has grown less and less credible over time. Medical tests taken after the alleged crimes seem to contradict her story. Percy McKinnon, one of the Rev. Al's former lieutenants, has said publicly that the case is a hoax...