Word: ponting
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...amount to punishing the children for the sins of the parent? And will jobs be available in an economy where the unemployment rate for years has stubbornly hung at 7% or higher? The New York task force pithily observes that "job placement programs cannot work without jobs." Pete du Pont, the conservative former Governor of Delaware who is now running for the 1988 Republican presidential nomination, proposes that the Government become the employer of last resort, and that might be extremely expensive...
...Gephardt and Bill Bradley neatly trimmed for maximum political appeal, rising steadily. Sam Nunn consigned to the campaign basement unless the sides and back of his shag are thinned. George Bush ("really great") and Bob Dole ("styled very well") streamlined and sailing smartly into the political winds. Pete du Pont, Al Haig and Don Rumsfeld rightly barbered to take the course should the others falter. Jack Kemp, splendidly styled for football, left in the locker room instead of the White House if he does not have some serious cutting done...
Acrophobia set in at about 1:45 p.m., when sell orders began flitting through the exchange's super-DOT computer circuits in bunches of 1,000 to 2,000 shares each. Among the hardest-hit blue-chip stocks were 3M, which fell 7 1/4, to 126 3/4; Du Pont, which dropped 4, to 95; and Philip Morris, down 1 1/2, to 81. Some traders attributed the rout to the news of a statement by Federal Reserve Chairman Paul Volcker that a legislative stalemate on banking deregulation could endanger the U.S. banking system...
...former Arizona Governor Bruce Babbitt, who have more on their mind than hoopsters, decided it was the place to be on Sunday. Others are likewise discovering the joys of Iowa in January. New York Congressman Jack Kemp was there twice last week, and former Delaware Governor Pete du Pont is going there this week to tell farmers how he plans to phase out commodity price supports, then heading to New Hampshire for his fifth visit in five months...
...discuss uniting behind one candidate early on. Meanwhile, skeletal campaign organizations were adding expert meat to their bones. Babbitt last week became the first Democrat to form a full-fledged campaign committee. In the past fortnight senior strategists also took posts in the campaigns of Kemp, Du Pont, Gary Hart and Richard Gephardt...