Word: pete
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...strong runner-up has emerged. California Governor Pete Wilson remained sidelined last week after the removal of a benign nodule from his right vocal cord and missed his staff's planned deadline to enter the race officially by Memorial Day. There is also internal strife: top Wilson aide George Gorton went on "vacation" after Wilson tapped former Bush aide Craig Fuller to run the campaign. Phil Gramm of Texas, still smarting from the disclosure of his R-rated movie endeavor in 1974, has watched his approval ratings stay flat even as he becomes better known. Meanwhile, former Tennessee Governor Lamar...
...many software developers are also uneasy about Microsoft's next big moment, for as Gates' influence steadily grows, their own role inevitably shrinks. They are reduced to writing second-string software, while Microsoft reserves the big programs for itself. Microsoft, as former WordPerfect executive Pete Peterson once put it, "is the fox that takes you across the river and then eats...
California Governor and Republican presidential hopeful Pete Wilsonwill put into action his party'scriticisms of affirmative action programsthis week by signing an executive order ending all preferential policies regarding jobs under the governor's jurisdiction. "We plan to make it clear affirmative action is no longer the standard; the standard is merit," said Wilson aide Leslie Goodman. The actual number of jobs affected, notesTIME Los Angeles Bureau Chief Jordan Bonfante, is quite limited. Wilson's order will only affect certain positions under his direct authority, though they will be scattered through 40 programs and 200 volunteer advisory boards. "Wilson...
...balanced-budget amendment, along with some goading by Democrats, steeled them to pursue the battle by other means. "The change in the temperament of the people seems to make it easier than reducing the deficit in the past has ever been. It's a lot different," says an elated Pete Domenici, the Senate Budget Committee chairman. "I find it much easier to lead, much easier to get Senators to concur that we no longer have the luxury of fiddling around the edges...
...billion -- money that goes to bondholders such as Ross Perot, who in 1992 reported that a chunk of his then $3.3 billion fortune was invested in low-risk government securities. Interest is one of the items targeted for massive cuts under G.O.P. budget plans -- $155 billion under Senator Pete Domenici's proposal. Moreover, the cbo states, mere passage of a credible balanced-budget plan could lead the bond market to bid down interest rates almost immediately, lowering the cost of financing the government's existing debt an additional $170 billion over the next seven years...