Word: pork
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Dates: during 1970-1979
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Normally liberal Senators like Frank Church (D-Ida.) found themselves arguing in favor of home-state nuclear interests and against non-proliferation. Church called Carter's policy "a formula for nuclear isolation." Tennessee's pork-barreling delegation plus other, more conservative members of Congress who don't seem to find plutonium all that dangerous, took more blatantly pro-nuclear positions. Rep. Mike McCormick (D-Wash.), a big breeder booster, said "not developing the breeder is like saying we shouldn't have automobiles because somebody can make a Molotov cocktail out of gasoline...
Unlike commodity futures, which are contracts that give an investor the right to deliver or receive gold, cotton, pork bellies or whatever on a set date at a fixed price, commodity options are purely paper investments giving the buyer the right to purchase a future, gambling on how much prices rise or fall. In the U.S., such options have had the tempting flavor of forbidden fruit. Since the 1930s, trading in some 100 types of options, mainly agricultural products, has not been allowed on U.S. exchanges. But in recent years some inventive firms began selling in the U.S. options supposedly...
Helen Elphick stands in the rain at the edge of a 6-ft. pile of cow dung, feeding two grotesque pigs, both part wild boar. Inside the smoky communal hut, couples in hides and rough wool garments squat around the fire, spit-roasting a heavy pork leg and preparing sausages and black pudding made from skin, offal and gut. John Rossetti sheds his clothes, steps into a wood tub and begins to scrub off five days' grime with clay and hot water. John Rockcliff enters through the goatskin door, carrying a rat he has caught. It will...
...wife Pamela, 22, owe two months' rent-a total of about $200-on their four-room cabin. They have made no payments since November on their car, speedboat and motorcycle. They feed themselves and their four-month-old daughter on $138 a month in food stamps, supplemented by pork from hogs raised by Pamela's father...
Carter's only serious crime, then, is Optimism in the first degree. Despite his lust for Washington's power, he was an outsider in the true sense of the world. Oblivious to elitist protocol and disdainful of pork-barrel politics, he innocently seemed to believe that solving the nation's problems was more important to Congressmen than their re-election worries, debts to special interests and status in the Capital Hill Club. He was wrong. The new breed of young, educated, "professional" Congressmen have gained the appearance of competence (due mostly to their staff's), but they are practically incapable...