Word: tighteners
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Dates: during 1980-1989
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...final days before the Democratic Party was to select its candidate for President, Jimmy Carter moved impressively on two fronts to tighten his grip on the nomination. He cooled the uproar over his brother Billy with an impressive full-hour prime-time press conference and with a 99-page report to a Senate investigating subcommittee. At the same time, his aides were negotiating pre-convention compromises with Challenger Edward Kennedy's camp that reduced the danger of a grand old Democratic donnybrook this week in Madison Square Garden...
...Carter's idea to tighten credit in the first place...
...There has been a temptation to deal with China on a purely tactical level-to tighten our bonds when we are annoyed at the Soviets and slacken them again when things calm down. We should not use China to needle the Soviets. We need a long-term settled strategy that does not fluctuate with the ups and downs of our Moscow policy. We have a fundamental interest in the independence and territorial integrity of China. As China gets stronger, it may treat us with greater reserve; we should not delude ourselves about that. But in the next decade...
...Palestinian problem. If the situation is left to extremists on both sides, there will never be an agreement." He believes, however, that the establishment of new Jewish settlements on the West Bank shows that the Begin government is seeking only to maintain the status quo in order to tighten its grip over the occupied territories. "The settlement activity shows that Israel is not serious. Begin won't formally annex the West Bank," says Abu Zuluf, "because he doesn't want all those Palestinians voting for the Knesset. He just wants the land and not the people." The tall...
Also, the Federal Reserve will be empowered to extend its reserve requirements to banks that are not members of the Federal Reserve System; these banks hold 30% of all deposits. The effect will be to tighten the Fed's control of lendable funds throughout the economy. Fed Chairman Volcker will also undertake, in Carter's words, "a voluntary program, effective immediately, to restrain excessive growth in loans by larger banks." That sounds like more federal jawboning to get banks to stop making loans for unproductive purposes, such as financing mergers or speculative inventory increases...