Word: chief
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Dates: during 2000-2000
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Even before he was declared President-elect, George W. Bush had become bear in chief. For weeks he?s been warning that the U.S. economy is in for hard times. He may steer clear himself of the term recession. ?Possible slowdown? is one way he puts it. But dirty work is what Vice Presidents are for. So Dick Cheney has been sent out to say the forbidden word. As early as Dec. 3, he was on Meet the Press warning that the nation ?may well be on the front edge of a recession...
...Bush?s bearishness may also reflect the influence of his chief economic adviser Larry Lindsey. The former Federal Reserve governor has been sour for so long on the economy?s prospects that he cashed out all his stocks in 1997, when the Dow Jones average was still at 8,500. And for Lindsey, a dedicated supply sider, the remedy for recession just happens to be a tax cut. Most economists insist, however, that tax cuts have very little effect on recessions, largely because their benefits kick in too late to affect the problem. To pre-empt his critics, Bush could...
...been Ronald Reagan's Middle East envoy and Nixon's ambassador to NATO, and he studied deficit reduction under Bush's father. Heck, Cheney was Rumsfeld's deputy when Rumsfeld was Ford's chief of staff...
...Egypt's leading newspaper, chief editor and Mubarak confidant Samir Ragab wrote that Arabs "unanimously rejected" the nature of the U.S. proposals. "This offer does not meet Arab and Palestinian interests and there is nothing which will force us to accept it." In Lebanon, a Foreign Ministry official renewed his country's objections to "any agreement between Palestinians and Israelis that may be related to the issue of Palestinian refugees in Lebanon without Lebanon being party to the agreement." Of course that means Syria has to come too - and Thursday the mouthpiece Syria Times nixed the proposals too. The plan...
...that as a child he was terrified of the movie Frankenstein. We also get plenty of quotable Greenspan-speak: "I know you believe you understand what you think I said, but I am not sure you realize that what you heard is not what I meant," the Fed chief once told Congress. Where Martin lets us down is in detailing recent events that mark Greenspan's tenure at the Fed and have turned him into a cult figure...