Word: politicians
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Dates: during 1980-1989
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...Meanwhile, federal revenue sharing, which contributed 13.7% of all local government income in 1973, dropped to 6.4% in 1983. That leads the Administration to claim that cities really will not miss the dwindling federal funds as much as their officials fear. Contends the Hoover Institution's Anderson: "If a politician can't squeeze 5% or 6% out of a budget without a major tax increase, he shouldn't be in office...
Pickens already has a gifted politician's knack for portraying himself in the best possible light as the champion of the common man. Of course, he also looks out for No. 1. But are his and other takeover fights good or bad for the U.S. economy? They have clearly made life miserable for the corporate officers with whom Pickens has dueled. They distract these officers from running their businesses and force them to spend great sums of time and money fighting off attacks. The takeover maneuvers can also lead to the assumption of mountains of debt by firms that make...
Daydream of a defeated politician: everybody still loves you; they roast you, they toast you, then they wheel up buckets of money; and finally, of course, they vote you in. Last week Geraldine Ferraro, 49, seemed well on her way to fulfilling the dream. At a $100-a-head benefit roast for the Women's Action Alliance in Manhattan, she took a round of ribbing from the likes of her daughter Laura Zaccaro, Feminist Gloria Steinem, New York City Council President Carol Bellamy and Comedian Marilyn Michaels. Then Ferraro took a turn at ribbing herself. "Governor Cuomo said the focus...
...found nearly $6 million in $100 and $20 bills in the suitcases of one of the passengers. They arrested the owner of the luggage, Francisco Guirola Beeche, 34, a wealthy Salvadoran businessman, and his two companions. Guirola is a friend of Roberto d'Aubuisson, the right-wing Salvadoran politician and foe of President Jose Napoleon Duarte. The three men were later indicted in Corpus Christi, Texas, on charges of conspiring to transport undeclared currency...
Only four days after the melee at Seoul's Kimpo International Airport that attended the return from exile of Opposition Politician Kim Dae Jung, 60, South Korea's voters went to the polls last week to elect a new National Assembly. As expected, the ruling Democratic Justice Party (D.J.P.) of President Chun Doo Hwan came out on top, with 35% of the popular vote. But the most remarkable result was the impressive showing of the New Korea Democratic Party (N.K.D.P.), with which Kim is associated. Founded less than a month before the elections, it captured 29% of the vote...