Word: pete
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Dates: during 1990-1999
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Social Security is scheduled to start spending more than it collects in about 2012, just as the huge baby-boom generation begins to retire. By 2029, even the so-called Social Security trust funds would be depleted. Thanks to men like Kerrey and investment banker Pete Peterson, president of the Concord Coalition, more and more Americans understand that the Social Security "trust fund" is a myth. Every week's collection of Social Security payroll taxes first goes to pay benefits to today's retirees; then the surplus (currently about $565 billion) is immediately used to finance other federal spending. What...
...besides being a connection to the outside world, is also a release of energy, a fun diversion. When you are tired of that chem problem set or endless Expos revision, why not start a debate about who will win the NCAA basketball championship this year or search ESPN for Pete Sampras' latest match results...
...DIED. PETE ROZELLE, 70, commissioner of the National Football League from 1960 to 1989; of brain cancer; in Rancho Santa Fe, California. Generally considered the best commissioner in any pro sport, Rozelle took over the N.F.L. when he was only 33 and there were 12 franchises, each valued at $1 million. Thanks to his leadership--he devised revenue sharing among owners and created the Super Bowl after merging with the rival American Football League--there were 28 teams when he retired, some valued at more than $100 million...
APPOINTED. PETE HAMILL, 61, tabloid columnist's tabloid columnist and best-selling author; as editor in chief of the New York Daily News, the sixth largest U.S. daily; in New York City...
...owner Art Modell of the Baltimore Ravens added: "It's the end of a great era. What we enjoy every Sunday can be attributed to Pete's vision and talents...