Word: archer
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LORD JEFFREY ARCHER is a novelist and Conservative Party politician; he is also a likely candidate for mayor of London...
Whenever Congress writes new tax laws, it makes mistakes. Usually they get fixed. But when such an error granted a windfall to those who inherit estates worth more than $17 million a year, Rep. Bill Archer (R., Texas), chairman of the Ways and Means Committee, made sure that provision stayed just as it was. His action will save about $200,000 each for a few hundred heirs each year. Cost to the Treasury: $880 million over 10 years. If you're one of the lucky few, you can call to thank Archer...
Mike's wife often said, "Mike likes to spend his Sunday mornings railing at the Archer Daniels Midland Company." For years Mike religiously watched This Week with David Brinkley. Whenever an ADM commercial came on, Mike would glower and recite the latest figure on how much campaign money ADM had given politicians who supported ethanol subsidies. Whenever the announcer said, "ADM--supermarket to the world," Mike muttered, "ADM--superbriber of the pols." What particularly galled Mike was that through his pension plan, he was an ADM stockholder. "I'm paying for this," he often said...
...switch the channel?" Mike's wife used to ask him when he got particularly agitated. But Mike thought that switching channels would simply confirm his growing suspicion that all public-affairs programming was sponsored by Archer Daniels Midland, using his money...
...next morning he phoned the 800 number of the pension plan. A voice asked him if he wanted to shift some of his holdings from a retirement money-market portfolio to an OTC portfolio. The more buttons he pushed, the more such talk continued. Nobody said anything about Archer Daniels Midland...