Word: oversight
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Dates: during 1980-1989
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...question whether DOE will be ready any time soon to make radioactive materials for weapons safely and without further damage to the environment. "The Department of Energy is solving problems as they arise," charged Democratic Congressman Mike Synar of Oklahoma. "What we need is a serious overhaul of DOE oversight." As if to underscore that concern, DOE officials reported at week's end that the DOE's nuclear weapons plant at Fernald, Ohio, had released thousands of tons of radioactive uranium waste over the past few decades into the atmosphere and the regional water supply. Plant workers and thousands...
...Sciences to assess the situation in South Carolina. An academy panel concluded last year that DOE was torn by the "conflicting responsibilities" of meeting production quotas while maintaining safety. Operation of the facilities, it said, had been left in the hands of "largely self-regulated contractors," while safety oversight was "ingrown and largely outside the scrutiny of the public...
...price that the taxpayers will pay for too rapid financial deregulation and laxness in oversight is murky at this time, but, in the long run, will be staggering. Bank bailouts may well cost the taxpayers billions of dollars. Even though the Federal Deposit Insurance Corporation has a fund of about $15 billion to deal with banks in difficulty, this is not likely to be adequate to deal with the amount of trouble that could arise as a result of a serious recession and Third World-debt defaults. American banks have an exposure of close to $100 billion to Third World...
Yellowstone officials anticipate congressional oversight hearings, and some observers predict that the summer of 1988 will be a turning point in the debate over how fires should be managed. "This fire will be an example of what went right and what went wrong," says Willcox. But with many areas still blazing out of control late last week, such a postmortem won't take place until fall at the earliest, after nature finally snuffs out the last flames with rain and snow...
Whether by oversight or design, the cost of the late call proved far greater than any possible anticipated benefit. It stirred up Jackson and his forces at a time when Dukakis should be preparing to preside over a Democratic love feast in Atlanta. It also seemed to undermine Dukakis' reputation for efficiency and suggest that before the campaign is over, he may have a rendezvous with his own arrogance. If selecting Bentsen, as Dukakis said, is the "first presidential act I will ever do," he had better quickly learn a more presidential way to handle such delicate tasks...