Word: warrener
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Dates: during 1980-1989
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After years of paying lip service to balanced budgets while racking up annual deficits approaching $200 billion, Congress and the White House have finally decided to fit themselves with a fiscal straitjacket. The bill, sponsored by Senate Republicans Phil Gramm of Texas and Warren Rudman of New Hampshire and by Democrat Fritz Hollings of South Carolina, compels Congress to vote to balance the budget within five years or face automatic cuts. "What % this bill does is put the fat in the fire," declared Gramm. "It forces decisions." Senator J. Bennett Johnston of Louisiana, however, likened Congressmen voting for the bill...
...Press vs. Public Access (1977), a bellwether text on media rights. PBS viewers know him as a probing moderator on last year's series The Constitution: A Delicate Balance. His academic rise has been dramatic. After getting his LL.B. at Yale in 1966, Schmidt clerked for Chief Justice Earl Warren, joined the Columbia faculty in 1969. Before being named dean in 1984, he had become Harlan Fiske Stone Professor of Constitutional...
...growth of debt to finance mergers, takeovers and other moves is perhaps the most dangerous side of the recent rush to consolidate. Federal Reserve Chairman Paul Volcker has warned that the borrowing is not "compatible over time with economic and financial stability." Warren Buffett, an investor with large holdings in Capital Cities and other firms, is blunt: "One day junk bonds will live up to their name." Many economists and businessmen believe that the U.S. cannot have a strong economy if it is based on companies burdened by too much debt...
...into making statements to a police agent without the presence of his lawyer. So those statements could not be used to convict him of any crime with which he was already charged, although they could serve as evidence to convict him of other crimes. In dissent, Chief Justice Warren Burger complained that the court's decision created a new "right" only for offenders who persisted in criminal activity even while under indictment for other crimes. Said the angry chief: "Nothing whatever in the Constitution or our prior opinions supports this bizarre result...
...Founding Years, 1913-33, by Albright as told to Robert Cahn (Howe Brothers). Mather became the first director of the Park Service, and Albright followed him as the two struggled to consolidate their authority over the natural wonders of the U.S. In a big old touring car with Warren Harding in Yellowstone in 1923, Albright told the President he had sealed off the road and "it will be 20 miles before we see another soul." Harding joyously pulled out some chewing tobacco, cut himself a generous plug and rumbled toward Old Faithful, expertly spitting the juice over his shoulder...