Word: money
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Dates: during 1980-1989
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...billion or more over the next eleven years. Over the past three elections, according to the Wall Street Journal, the S & Ls gave $4.5 million to the members of Congress willing to protect them. House Banking Committee member Jim Leach, an Iowa Republican who refuses to take PAC money, believes this may be the disgrace that brings down the current congressional establishment. "We're looking at an eleven-figure fraud story that's bigger than Teapot Dome," he says...
Oddly enough, though, few legislators voluntarily leave for private life. Congressmen routinely run for re-election; Capitol Hill salaries are no secret to politicians who spend years -- and a great deal of money -- trying to get into the club. What goes unmentioned in all the caterwauling about the sacrifices of public service is the joy it offers. Public officials lead interesting lives: they all have the opportunity to make a difference; some even make history. Compared with underappreciated professions like teaching and nursing, where doing well takes a backseat to doing good, Congressmen are handsomely paid. The days of politicians...
...does not follow, however, that public servants should be paid a pittance. Yet right now the public seems to take the attitude that giving legislators money only encourages them. In a poll last week for TIME/CNN, more than 55% of 506 people surveyed did not feel that Congressmen should be required to give up all outside income, nor that they should get a raise in exchange...
...teenagers often get their values from peers, then just what are those values? In American society today, the emphasis is less on caring for others than on getting money and instant gratification. Notes Arnold Goldstein, director of the Center for Research on Aggression at Syracuse University: "We are a nation whose role models, Presidents and leaders on Wall Street have set a tone in the country -- 'I'm going to get mine.' " If the big-shot investment banker can take what he wants, often by illegal means, then a teenager may think he should be able to grab the spoils...
...lessons learned at school can easily be undermined by today's popular culture. The messages that blare from stereos, TVs and movie screens amount to a second education for the young. And much more money goes into the development of this after-school curriculum than goes into education. Rock * stars earn millions, but a high-school teacher is lucky to get $30,000 a year...