Word: clausing
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...economy's salvation, he insists, lies in restoring its manufacturing base, and that requires short-term sacrifice along with long-range strategy. "Lose me," he warns, "and your choice is which Santa Claus you want." This austerity line appeals to residents of a state leery of the promises- promises approach. Says David Moore, who directs polling at the University of New Hampshire: "There's a feeling that Tsongas is the one addressing the voters' central concern: jobs...
...Federal Reserve Board of Governors! Send him some antidepressants. Consumers are frightened enough without hearing all this depressing talk from Mr. Greenspan." Urged Yardeni: "Let's have a full-point cut in the discount rate today!" The message evidently got through. Late in the week Greenspan turned Santa Claus. He lowered the discount rate, which is what banks are charged for borrowing money from the Fed, by a full percentage point. The new 3.5% rate is the lowest in 27 years. Commercial banks quickly followed by dropping their prime lending rate by a point...
What next? Cedric McClester, author of Kwanzaa: Everything You Always Wanted to Know but Didn't Know Where to Ask, has created Nia Umoja, "an African answer to Santa Claus." The character, who is supposed to represent an African griot, or wise man, wears a Nehru-style suit and joins hands with youngsters to ask what they have learned about Kwanzaa. Says McClester: "Kwanzaa needed a character because we need to attract younger people and their parents...
...VIRGINIA, THERE IS A SANTA CLAUS (ABC, Dec. 8, 9 p.m. EST). Charles Bronson, as a burned-out newspaper reporter, and Ed Asner, as his editor, compete for Most Crusty in this sentimental holiday movie, which dramatizes the events that led to Frank P. Church's famous editorial...
...number of editors at major urban dailies have begun to look at black comics as a way to attract new readers in a time of changing demographics and declining readership. "My community happens to be largely black, and we know young readers turn to the comic pages," says Marty Claus, an editor at the Detroit Free Press. Claus is credited with igniting much of the renewed interest in black strips; three years ago, she actively solicited submissions from black artists for the newspaper, and now includes four black cartoonists among the 32 strips she carries. "If young black people...