Word: stockman
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...knew there was a clearing house," explains Darman. Other core participants: Baker's partners in the White House top troika, Michael Deaver, 44, and Meese; Communications Director David Gergen, 40; Kenneth Duberstein, 38, the Administration's gregarious and highly effective lobbyist on Capitol Hill; Budget Director David Stockman, 35; and Craig Fuller, 31, who coordinates the work of the Cabinet...
...hands. But the 17 acres that are for sale constitute one of the last bits of open space along Waikiki Beach, where high-rise hotels and condominiums have sprouted like goldenrod along a highway. Back in 1905, the military bought the entire 72-acre tract for $200,000. David Stockman, the President's Director of the Office of Management and Budget, values the parcel today at upwards of $220 million. There is one drawback for potential buyers: the beachfront property is not zoned for development, and many Hawaiians would like to keep it that...
...those dependent on government aid, that Medicare and Medicaid have led to overuse of hospitals and an explosion of medical costs, and that generous Social Security benefits have undermined Americans' incentive to save for their old age. Feldstein will be an articulate ally for Budget Chief David Stockman in trying to convince Congress that the growth of these social programs should be slowed...
...DEMOCRATIC legislators' submissiveness can in part be explained away as shrewd politicking, the people have no such excuse for the credulence and deference they continue to grant to their charismatic but inept President. After these many months of near-depression, and long after David Stockman's public admission that the President's "economic recovery program" was merely a blind and cyncial "Trojan Horse" to sell upward redistribution of income and wealth to the masses, those masses continue to believe that miracles will result from swallowing this bitter potion...
...Administration displays awareness of this "pool of patience" in its very arrogance: Stockman is still in office despite his iconoclastic admissions, so is Raymond Donovan, in the face of continuing allegations of gangland associations: and so are William Casey and William French Smith, in spite of disclosure of their financial mixdealings. And there is no sign that James Watt is on the way out, despite the furor over his letter to Israeli Ambassaror Moshe Areins which somewhat to blackmail American Jews into supporting his slash and burn land use policies Reagan seems confident that his adoring fans will forgive members...