Word: pac
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Dates: during 1980-1989
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...advance on the token plans. With each side soon blaming the other for the foul-up, New York Mayor Ed Koch launched a new crackdown on fare cheating, Connecticut-style. Some operators of video-game parlors that employ special tokens have discovered another illegal use for the Connecticut tokens: Pac-Man players are getting a quarter's worth of action...
...PAC Power...
TIME erred in its implication that Lockheed's political action committee supported five Senators because of their interest in the C-5 program. Three of the five Senators opposed Lockheed's position on the C5. As a matter of policy, Lockheed's PAC does not concern itself with single issues. Each of the five Senators shown on your chart is an advocate of a sound national defense. It is this record that has earned them the support of Lockheed employees...
Ominously, PACs are also spreading their influence into state legislatures, fearfully bloating the once modest cost of campaigning for them. The standout example is California. Democrat Tom Hayden, who spent $1.3 million winning an assembly seat, had little need of PAC support; his wife Jane Fonda contributed or loaned two-thirds of the money for his race. But business PACS eager to keep the left-leaning Hayden from acquiring any political power pledged to raise $1 million for his opponent, Bill Hawkins, and they almost did. Hawkins spent more than $800,000. Party groups and business and labor PACs also...
...anything be done? Of course, but it probably will not be. Many suggestions have been made to limit political spending while still permitting citizens, businesses and special-interest groups to support the races of candidates they like. Among them: public funding of congressional campaigns, tighter limits on PAC contributions, a legislated lid on the TV time that stations can sell to candidates. But incumbents, many of whom benefit from their ability to raise and spend more than would-be challengers, are unlikely to vote for any such measures. Says Thomas Houston, chairman of California's fair political practices commission...