Word: tanked
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Dates: during 1990-1999
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...rescued Republicans in the past two elections with a $2.2 million loan guarantee, $500,000 of which the firm eventually swallowed. Though the funds originated with the company's Hong Kong parent, that transaction appears to have been embarrassing but legal, since it was funneled through an R.N.C. think tank, the National Policy Forum, rather than the party...
...would like to see more worker education, job training, and job creation. One scholar at a Canadian think tank devoted to welfare issues characterizes Messinger's focus as a "human resources" approach rather than a welfare approach. Such a tack is "preferable," writes the scholar, "especially because it promotes, not destroys human dignity and well-being...
...congressional committees and prompting calls for an independent counsel. But as Young's secret role shows, the lure of easy foreign money is bipartisan. Young's business depends in large part on Western access to Chinese markets and a secure Taiwan, objectives pushed by Republicans and the think tank he backed. That agenda, the Young case shows, has been successfully promoted by Asian interests who contributed big money to both major parties...
...Chinese businessman came to prop up the G.O.P. is a story that began in 1993, right after Bill Clinton's election. Barbour had just taken over as G.O.P. chairman and created a think tank to generate new ideas. He called his group the National Policy Forum, and although its operations were two blocks and a few legal documents removed from Republican headquarters, it was just an extension of the party. Barbour was chairman of the forum; G.O.P. officials set its $4 million annual budget and coordinated fund raising. The forum circulated 600,000 questionnaires to identify the hot-button issues...
...which is now the envy of the world for its profitability and ruthless efficiency, could fall off that pedestal if it takes on too many social issues. "Business exists to make a profit," says John Hood, president of the John Locke Foundation, a North Carolina-based public-policy think tank. "When you lose sight of that, you lose the unique benefits that come from being highly focused in a competitive market...