Word: poste
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Dates: during 1990-1990
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...irony of any recession is that fearing it makes it worse. Consumer spending accounts for two-thirds of America's economy, which means that when buyers are spooked, the rest of the economy shudders. In the last shopping days before Christmas, stores across the country were already thick with post- holiday sales. Some items were moving nicely: oversize freezers to keep groceries bought in bulk; wood stoves to cut down on utility bills; shoe trees, mason jars, sewing kits, to extend the life of life's necessities; and any $5 present that looked as if it cost...
...later, Gorbachev sounded as if he could not quite figure out what had hit him. Shevardnadze, he said, had given no inkling of what he was about to do, and that was "what hurts me." Gorbachev had in fact been planning to elevate his old friend to the new post of Vice President. The turmoil in the Soviet Union made this the worst time for Shevardnadze to jump ship, Gorbachev added, and "I condemn" him for it. . Nonetheless, he pleaded for the Foreign Minister to reconsider. But Vitali Churkin, Shevardnadze's spokesman had already said that the Foreign Minister...
Overdue Bill Tough-talking William Bennett spent nearly two years fighting narcotics from a Cabinet-level bully pulpit. But Bennett left his drug-war ) post so meekly and with such meager results that some wondered if the general had gone AWOL. Bennett then backed off from his acceptance of a job as head of the Republican National Committee, throwing the party into even greater disarray...
Hold the Phone The trustees of Washington's American University offered the school's former President, Richard Berendzen, a $1 million settlement after he pleaded guilty to making obscene calls to a female day-care worker and resigned his post. The deal caused such an uproar that a month later it was rescinded. But Berendzen still gets some $380,000 in severance pay and works as a full professor in the physics department (he's an astronomer) at about $70,000 a year...
...sweep up after the scandal-tainted administration of his predecessor, Ray Blanton. Last week the two-term former Governor and current president of the University of Tennessee took on another big political cleanup job. President Bush asked him to become Secretary of Education and revitalize that Cabinet post after the forced resignation earlier this month of the lackluster Lauro Cavazos. One of Alexander's first priorities, however, will be to help extricate his new boss from the political morass resulting from a highly controversial Education Department ruling restricting college scholarships for minority students...