Word: pac
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Dates: during 1990-1999
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...much can be contributed by brokers and dealers in the public-bond business to state and local officials who can influence who gets that business, including Governors and mayors. The restriction applies to anyone who does bond business as well as the firm's top executives, plus its PAC...
...much can be contributed by brokers and dealers in the public-bond business to state and local officials who can influence who gets that business, including governors and mayors. The restriction applies to anyone who does bond business as well as the firm's top executives, plus its PAC...
...Senate, however, was a different matter. The ultimate country-club, the Senate is dominated by those politicians who know who how to manipulate the system best. Many of them, rich from large campaign war-chests and PAC money, staunchly refuse to change it. Among these is hawkish Sen. Mitch McConnel (R-KY), head of the National Republican Senatorial Committee. As the dispenser of funds for Republican candidates across the country, the anti-reform McConnell took money away from Republicans who supported McCain-Feingold, like Washingtonian Linda Smith (who lost her Senate race), and gave them to candidates who could take...
...reform. The bane of the Capital Hill establishment. Two years ago, Feingold, along with senior Sen. John McCain (R-Az.), introduced a remarkable piece of legislation, meant to effectively abolish the corrupt and undemocratic system of campaign finance. The McCain-Feingold Bill would limit Political Action Committee (PAC) contributions and ban "soft money," the unlimited contributions to political parties which are then diverted to individual campaigns. For the last two years, however, McCain-Feingold has been ignored by the United States Congress, left to languish in some subcommittee...
...will include it on a future album. Another song (one that made the cut), We Will Survive, mourns the shooting death of superstar rappers Tupac Shakur and Biggie Smalls. "[Smalls and I] were supposed to meet the night he died," says Nas. "I can't forget Biggie and Pac--they made it possible for rap music to blow...