Word: populists
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Dates: during 1970-1979
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...coup, free elections produced at least the prospect of a civilian winner. In fact, there are now two runoff candidates for the country's presidency. The current favorite is the candidate least beloved by the Ecuadorian military: Jaime Roldós Aguilera, 37, leader of the populist Concentration of Popular Forces party (CFP). Roldós received 31% of the 1,408,316 votes cast. His closest rival in a six-candidate field was Sixto Duran Ballén, 57, the army's favorite, with 23%. The runoff election, expected in the fall, promises to be a close...
...risk that Arthur Burns would approve. Carter, a low-interest populist, probably hoped for a policy change to easier money when he appointed Miller, but he must know better by now. Both Miller's target and some of his rhetoric are so close to Burns' as to make many moneymen contend that, for all the differences in personality and style, Miller is a bred-in-the-bone central banker after all. Says Charls Walker, former Deputy Secretary of the Treasury: "I lost about $100 in bets that Burns would be reappointed. I'm thinking of asking for my money back...
Congressional pressure has also forced the Administration to abandon hope for enactment of the bill's capital gains provisions. The reforms, which would have raised capital gains taxes for some upper-income taxpayers, reflected Carter's populist belief that tax breaks on gains from sales of stocks and other property do little for the economy and benefit mainly wealthy investors. Though the White House would now be grudgingly content to see the tax remain at its present maximum effective rate of 49%, the Steiger amendment seeks to cut the rate to no more than 25%, the level that...
...summer. A remake of a classic Hollywood comedy called Here Comes Mr. Jordan (1941), Heaven Can Wait is a light, screwball fantasy about a Los Angeles Rams quarterback (Beatty) who dies and comes back to life as an eccentric millionaire. The movie has everything going for it: big laughs, populist politics, billowy sequences set in heaven, a murder plot, a climactic Super Bowl game, a supporting cast of choice comic actors (Charles Grodin, Dyan Cannon, Jack Warden) and, best of all, a touching (but P.G.) romance between the hero and Co-Star Julie Christie, who communicate largely through passionate...
...taken a long time, but at last Jimmy Carter is doing a lot of talking with businessmen. Though he created a million-dollar agribusiness, he is a rural populist, and so he has been suspicious of big interests, including corporations. In just the past several months, however, the President has come to believe that many business chiefs are much like himself?up from the bottom, and not without compassion?and that they may have some provocative ideas about his No, 1 domestic problem: the economy...