Word: speech
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Dates: during 1980-1989
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While Iranian "moderates" have a way of disappointing Western expectations, Rafsanjani is reportedly convinced that Iran failed to win its costly war with Iraq because of its international isolation, which deprived the country of desperately needed military technology and hardware. In a speech Friday, the new Iranian President was remarkably conciliatory: "I tell the White House, the problem of Lebanon has solutions, the freeing of the hostages has solutions, reasonable, prudent solutions." Rafsanjani offered: "Come let us approach the problem reasonably. We too will help solve the problems there...
While no more than 5% of LBOs have so far been failures, an economic downturn could sharply raise the number of casualties. Warned Manuel Johnson, vice chairman of the Federal Reserve Board, in a June speech: "If there were a significant negative shock to the economy, high debt levels could lead to a succession of bankruptcies, causing a crisis of confidence." Johnson estimated that roughly 40% of all leveraged deals are in cyclical industries that are "more likely to run into trouble in the event of a severe slump...
...fact underscored last week by President Bush's announcement that the U.S. will provide Poland with a special $59 million food-aid package. The urgency is not lost in Warsaw. "If the future government does not find effective means to change this situation," Kiszczak warned in his acceptance speech, "the country will be threatened by a catastrophe, a catastrophe that might lead to more than just a change of government...
...fact that Bush is still calling himself the Education President while turning men like Williams loose on the public is terrifying. Williams' speech was mediocre and sycophantic. It was not a defense of democracy--it was a weak defense of Cavazos...
...that Bush or Cavazos have bad ideas about education. Or even that they have no ideas. Bush's Educational Excellence Act seems like a sound proposal for aiding our schools. And, as Governor Kean said in his speech just hours later, the governor's conference is an "exciting first step which shows that Bush is willing to take the lead...