Word: permitted
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...idea of presidential ignorance takes hold, the press and Congress will have a field day portraying Bush as a lightweight. Nonetheless, it could permit Bush to accommodate a "newly perceived reality" and then allow him to abandon his "no new taxes" promise. If so, the President will undoubtedly be glad to take a passing hit for having been misinformed. Bush survived Iran- contra, when reporters and adversaries were rooting around in his record to prove his complicity. He is even more likely to survive an Ignorance Sting, since most responsible Congressmen and economists have been hoping that he will somehow...
...giving banks an invitation to shoot craps with the taxpayer's money." So said Michigan Democrat John Dingell, chairman of the House Energy and Commerce Committee, with a touch of hyperbole. The object of his barb: a Fed ruling last week that will permit five leading bank holding companies -- Bankers Trust New York, Chase Manhattan, Citicorp, J.P. Morgan and Security Pacific -- to buy and sell corporate bonds. The decision will enable the financial institutions to move, within strict limits, onto the turf of Wall Street firms, which have been encroaching on the banking business. Said Richard Huber, an executive vice...
...secrets and Gesell's insistence that North be given great latitude in his use of evidence. Walsh's defeat became inevitable last month when Gesell laid down rules for handling the secret data contained in the 300 classified documents the special prosecutor had planned to use. The judge would permit excision of the covert sources and methods by which the data were obtained. However, the information itself had to be presented virtually verbatim at trial...
...more abundant than anyone thought a decade ago, natural gas is the cleanest hydrocarbon fuel available. But in many cases, utilities that wish to switch from coal-fired power generation to gas-fired must go through a lengthy process to obtain a federal permit. Such regulations, which inhibit the increased use of natural gas, should be eased...
...government of Prime Minister Mieczyslaw Rakowski permit the debate? One answer was that the authorities hoped Walesa would appear rambling and incoherent under the eye of the camera -- as he sometimes is in impromptu discussions. They were wrong...