Word: newt
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Dates: during 1990-1999
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...have been just a ruse. Each month, in surreptitious ways, the handout to the broadcasters becomes more egregious, which is unsurprising, given their lobbying clout with Congress--$7 million worth in the past two years. A clause buried in this summer's balanced-budget act, pushed by House Speaker Newt Gingrich and Senator Trent Lott, allows stations to keep both their old and new channel space beyond 2006 as long as 15% of households in their markets are still using analog sets. And ABC president Preston Padden has disclosed that his network will probably forgo broadcasting HDTV altogether and instead...
...their parents, there will be a place--albeit a small one--for the company from Cupertino, Calif. Still, it must be a comedown for Jobs and his old pals to slip from visionary champions to fringy cultists in a mere decade. Oh, well. As shooting stars from Madonna to Newt Gingrich could tell you, that's the coolest thing about being a cultural icon: by the time the market goes south on you, you've already changed the world...
...lawn as the President basked in the ultimate triumph of his long march to the center, which almost none of the cheering Democrats behind him had backed. Down the street on the Capitol steps, Republican lawmakers and a flock of Boy Scouts with balloons gathered around the nearly deposed Newt Gingrich and the newly grandiloquent Trent Lott, who declared, "Today we celebrate the beginning of a new era of freedom." And his was about the most modest toast...
...President Clinton refuses to sign a tax-reform bill, and Newt Gingrich proclaims the capital-gains tax-rate cut dead, raising the specter of government gridlock. The Dow surges 200 points because, well, gridlock has been very profitable in the '90s, and now there's no incentive to sell so, heck...
...Washington's shadowy power brokers operate best in secret, JOE GAYLORD is losing his mystique. It was bad enough when Gaylord, eminence grise to NEWT GINGRICH, was blamed for isolating the House Speaker, antagonizing enough Republican brethren to threaten Newt's leadership post earlier this month. Now it turns out Gaylord took $7,500 a month from a Republican think tank so cash starved that HALEY BARBOUR had to obtain a $2.1 million loan guarantee from a Hong Kong businessman to make good on its debts. The National Policy Forum's payments of about $112,000 to Gaylord...