Word: wealth
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Dates: during 1980-1989
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...intellectual foundation for their promised "new beginning." David Stockman, President Reagan's Budget Director, bought 30 copies and sent them to Administration aides. Says he: "It's the best thing written on economic growth in about 15 years." The book causing the stir is Wealth and Poverty (Basic Books; $16.95) by George Gilder, 41, a sociologist-turned-economist, who once wrote speeches for Nelson Rockefeller...
Viewing all the pomp and folks from elegant circumstances, no less a Reagan partisan that Senator Barry Goldwater growled "ostentatious." He objected to such a public display of wealth "at a time when most people can't hack it." Marcia Carter, a Republican civic leader from Houston, agreed. Said she: "The thing that offended me most was the great extravagance at a time when we're supposed to be cutting the budget and showing restraint on all unnecessary frills." Robert Michel, the new Republican minority leader in the House, complained: "At these prices, only those of a certain...
...others, the aggressive display of wealth and exuberance seemed perfectly justified. America was ready for a party, they argued, and since it was privately financed, Reagan and the Republicans were entitled to give any kind of bash they felt like-and could afford. Said Inaugural Co-Chairman Robert Gray: "There weren't any Government funds. These were citizens who wanted to celebrate. Just because we're conservative doesn't mean we should run around in sack cloth and ashes when we want to celebrate." Added Special Trade Representative Bill Brock: "It happens only once every four years...
...list the four conditions exactly as Tabatabai had detailed them. They were: a U.S. pledge not to interfere in Iranian internal affairs, the unblocking of Iran's frozen assets, elimination of all economic sanctions and U.S. claims against Iran, and the return of the Shah's wealth...
...Cabinet level. Fred Fielding, the transition's conflict-of-interest counsel, proposes modifications, such as requiring an appointee to disclose the nature of each of his assets without having to specify the exact amount of those over $10,000. Says he: "It is conflicts, not wealth, that the public is concerned with." He also suggests that financial disclosure be made only to congressional committees, not to the public...