Word: trusts
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Dates: during 1970-1979
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Though he held his own in the economic argument, Rockefeller offered a concession. He pledged that if he were confirmed, he would put all his assets in a blind trust, except for art and real estate, including four farms in Venezuela. In an exchange with New York's Charles Rangel, Rockefeller refused to retreat from his position that it would have been a mistake to have himself met with the Attica prison rebels...
When David Packard became Deputy Secretary of Defense, he not only put his holdings in trust, but he also agreed to give any money from capital appreciation to schools and charities...
Honey Fritz's move should start a widespread political trend, that grows to include all those other presidential contenders whose solution to impending nuclear war or Chrysler's laying off 100,000 workers is a plea for renewed trust in the American system. Senator Henry M. Jackson (D-Wash.), the would-be Democratic front-runner, could set an example in this movement much finer than he has in the last few years, with ceaseless calls for shoring up the "defense" system, not to mention the Saigon government. And President Ford, Jackson's Republican counterpart, could help achieve his expressed desire...
...Nixon's foreign policy adviser. Rocky explained that Kissinger had just made a costly divorce settlement when Nixon offered him the White House post. Kissinger was reluctant to take it, partly for financial reasons. But Rocky overcame his objections by giving him the money to set up a trust fund for his two children...
Would Buckley abolish the U.N. or pull the U.S. out? Not at all. His book comes out as a lament for the U.N.'s failed trust. Walter Mittyism seizes Buckley again as he imagines a coup in which U.N. military advisers take over and forbid the Arabs to bemoan the plight of the world's poor without sharing their oil, or the Africans to excoriate racism without subduing their own racists. In Buckley's fantasy U.N., too, Eastern European representatives would be required to ask Soviet permission every time they rise to speak. Buckley concludes that...