Word: pete
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...labs in poor schools and to the aspirations of Mexican immigrants. After he was elected President, Bush surrounded himself with excellent people who cared about the poor--people like John DiIulio and David Kuo, who ran the faith-based program office; the speechwriter Mike Gerson and his then deputy, Pete Wehner. (Caveat lector: several of them are close friends of mine.) I figured this was one Republican Administration that really would take a fresh, serious look at antipoverty programs...
...thought about Pete last week--he is now a deputy to Karl Rove--and wondered how he felt about the disgraceful wasteland that Bush's social policy has become. (Sadly, Pete didn't answer my call.) The tax cut, for example, is actually a double hit on poor children. In addition to the child tax credit fiasco, there is a potentially devastating impact on tax-free municipal bonds, which are used to finance major construction projects. Cities will have to offer higher interest rates to compete with private bonds now that all dividends are taxed at only 15%. That will...
...carrier will not say whether the route is profitable, but it has been flying at a healthy 60% of capacity. Among U.S. business travelers, Indigo is attracting almost as much attention for its clever use of secondary airports like Teterboro and, starting in June, White Plains, N.Y. Indigo CEO Pete Pappas, a longtime American executive, is a seasoned pro who sweats the little things--like promising a 6-ft. 8-in. frequent flyer a seat in the spacious exit row for all his trips...
...Democrats on them. They even used the state's public-safety website to run an all-points bulletin, a move the Democrats found offensive. Democrats got much more upset--Joe Lieberman asked for an investigation--by reports that Texas officials had asked the feds to help track lawmaker Pete Laney's plane. Outside the statehouse, Republican supporters dressed in chicken outfits accused the Dems of cowardice. On Wednesday, Republicans, unable to think of any new jokes, went home...
...DIED. MARK MCCORMACK, 72, founder of the International Management Group and the world's most powerful sports agent; in New York City. McCormack invented the concept of sports marketing and his Cleveland-based company has represented Tiger Woods, Andre Agassi, Pete Sampras and Jackie Stewart. Once called the most powerful man in sport, McCormack also authored several management books, including the best seller What They Don't Teach You at Harvard Business School...