home
***
CD-ROM
|
disk
|
FTP
|
other
***
search
/
TIME: Almanac 1990
/
1990 Time Magazine Compact Almanac, The (1991)(Time).iso
/
time
/
101689
/
10168900.056
< prev
next >
Wrap
Text File
|
1990-09-19
|
2KB
|
41 lines
NATION, Page 36Grapevine
YOUR TIME IS UP. Connoisseurs of cornball speechifying are
dismayed by the temporary demise of the congressional equivalent
of The Gong Show: the wacky period when the One-Minute Rule allows
members to wax eloquent on such topics as the joy in Chicago over
the Cubs' making the play-offs. So many Congressmen were acting
like would-be Willard Scotts that Speaker Tom Foley last week
suspended the One-Minute Rule until Congress deals with serious
business like the deficit.
RETURN TO SENDER. Charles Keating, owner of Lincoln Savings &
Loan, is accused of frittering away $1.1 billion. He also gave at
least $1.3 million to organizations affiliated with five Senators
who met with the Federal Home Loan Board about his thrift. The
Senators -- Democrats John Glenn of Ohio, Alan Cranston of
California, Donald Riegle of Michigan, Dennis DeConcini of Arizona
and Arizona Republican John McCain -- deny they were pressuring the
board to go easy on Keating. After the Government brought fraud
charges against Keating last month, DeConcini returned the
contributions (Riegle had done so earlier). So far McCain, Cranston
and Glenn have not.
LOOKING FOR MR. GOODBUCK. Ever since Bob Farmer, Mike Dukakis'
fund-raising ace, became the Democrats' treasurer last winter, many
of the party's financial backers have pressed chairman Ron Brown
to name a corporate heavyweight as finance chairman. Brown's likely
choice is Monte Friedkin, a millionaire whose ties to Jewish causes
could help Brown with a constituency that mistrusts him because he
advised Jesse Jackson.
BUSY SIGNAL. When a Los Angeles businessman called the local
Drug Enforcement Administration to report his suspicions about
mysterious 18-wheelers dropping off shipments at a nearby import
business, he got either a busy signal or no answer at all. Finally,
he called the Bureau of Alcohol, Tobacco and Firearms, where
somebody picked up the phone. The ATF passed along the tip to the
DEA, leading to a record seizure last week of 20 tons of coke
valued at $8 billion. Explains a rueful DEA agent: "Our phones are
so busy, it's a little hard to get through."