Word: welching
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Dates: during 1980-1989
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...virtue for someone trying to build his own business without capital. Bush became known as a shrewd dealmaker who could attract investors without incurring debt. As the energy business flourished in the late '70s, he built a small, solvent outfit of his own. He also married Laura Welch, a librarian, just three months after they met. She explains the courtship's brevity by saying, "We were both 30, and had had a lot of single years. We were glad to find each other...
...Force's estimate of the B-2's price tag, gargantuan as it is, may be far too low. In an exchange with Air Force Chief of Staff Larry Welch, House Armed Services Committee Chairman Les Aspin warned that Congress would never go along with the Air Force's plan to spend $8 billion annually -- more than twice the current SDI budget -- on the Stealth. At the more likely spending rate of $3 billion a year, said Aspin, the sticker price would soar to more than $1 billion for each plane...
...there agreement on the strategic justification for the bomber. Cheney argues that the Stealth is needed to maintain "the effectiveness of the bomber leg of the strategic triad," the mix of land- and sea-based missiles and nuclear weapons carried by aircraft on which U.S. deterrence has been based. Welch contends that bombers are regarded by both the U.S. and the Soviets as "the most stabilizing element of the triad." Unlike missiles that can strike in 30 minutes or less, bombers need hours to reach their targets and hence do not represent a first-strike threat against the Soviets. Moreover...
MAKEUP: Charlotte J. Quiggle (Chief); Eugene F. Coyle (Deputy); Leonard Schulman, Carrie Ross Welch (International...
MAKEUP: Charlotte J. Quiggle (Chief); Eugene F. Coyle (Deputy); Leonard Schulman, Carrie Ross Welch (International...