Word: slushing
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Cinema: Two Santa Claus movies are just seasonal slush...
...Secretary of State Warren Christopher to open the spigot full blast. The Secretary voiced sympathy but reiterated the demands of donors for strict accounting controls. Arafat fumes at such "economic occupation," but donors, recalling the P.L.O.'s freewheeling spending habits, have reason to fear creation of a giant slush fund...
...level U.S.-Palestinian meeting there since self-rule began, told the P.L.O. chairman he'd have to provide the World Bank and other groups up-front paperwork on how the money would be spent. TIME State Department correspondent J.F.O. McAllister, traveling with Christopher, says Arafat wants it in a slush fund to continue his old grease-the-wheels style, but is coming to realize that heads of state in other countries don't set up schools and government services with bribes...
...Democrats got their revenge when the press discovered and trumpeted that Nixon had a secret slush fund of $18,000 provided by California businessmen to help finance his activities. Nixon insisted that the fund was perfectly legal and was used solely for routine political expenses, but the smell of scandal thickened. At Eisenhower's urging, Nixon went before a TV audience estimated at 58 million with an impassioned defense of his honesty. "Pat and I have the satisfaction that every dime we've got is honestly ours," he said. The only personal present he had received was "a little cocker...
...facts of the case are complex, but the central allegation is clear: that the Clintons used an Arkansas savings and loan as their own personal slush fund, and then interfered with federal regulators investigating the operation...