Word: specter
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...This week, the President visits Venezuela, Brazil, Argentina and Chile, building the case for Congress to grant him powers to negotiate trade pacts without the shackles of pork-barrel politics: the so-called Fast Track. Where Reagan spooked Americans with tales of toppling dominoes, Clinton may rely on the specter of Mercosur. The trade association combining the booming economies of Brazil, Argentina, Paraguay and Uruguay is fast emerging as an alternative to U.S.-dominated trade pacts, and has pledged to sign a free trade pact with the European Union...
Four Republicans-Fred D. Thompson of Tennesee, McCain, Susan Collins of Maine and Pennsylvania's Arlen Specter-have indicated their support for the bill in its current form...
That's no idle threat. A Republican filibuster knocked off an earlier version of the bill last year. In addition to McCain, only three Senate Republicans--Thompson, Susan Collins of Maine and Arlen Specter of Pennsylvania--have joined the 45 Democrats who signed on to this year's model, leaving the bill well short of the 60 votes needed to cut off the filibuster McConnell has sworn to bring against it. But with so much more attention on finance corruption, talking the bill to death would risk a public backlash against Republicans. So before it comes to that, Lott...
...took the stand in his defense. A minister, a corporate lawyer, a playwright, an economist, a telephone-company executive. They couldn't imagine Einhorn's harming any living thing. Release of murder defendants pending trial was unheard of, but Einhorn's attorney was soon-to-be U.S. Senator Arlen Specter, and bail was set at a staggeringly low $40,000--only $4,000 of it needed to walk free. It was paid by Barbara Bronfman, a Montreal socialite who had married into the Seagram distillery family and met Einhorn through a common interest in the paranormal. It was Einhorn...
...President Clinton refuses to sign a tax-reform bill, and Newt Gingrich proclaims the capital-gains tax-rate cut dead, raising the specter of government gridlock. The Dow surges 200 points because, well, gridlock has been very profitable in the '90s, and now there's no incentive to sell so, heck...