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Walter Mondale

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Walter Frederick "Fritz" Mondale (born January 5, 1928 in Ceylon, Minnesota) is an American politician and member of the Democratic-Farmer-Labor Party. He was the 42nd US Vice President (1977-1981) under President Jimmy Carter. He was also a two-term US Senator from Minnesota and the Democratic Party nominee for president in 1984 against the incumbent, Republican Ronald W. Reagan, who was reelected in a landslide when Mondale carried only his home state of Minnesota and the District of Columbia.

Early life

Mondale was born in Ceylon, Minnesota, the son of a Methodist minister. His half-brother was the Unitarian minister Lester Mondale. He was educated at Macalester College in St. Paul and the University of Minnesota, graduating in 1951. He then served two years at Fort Knox, in the U.S. Army during the Korean War. He graduated with a law degree from the University of Minnesota Law School in 1956 and began to practice law in Minneapolis.

Entry into politics and U.S. Senator

He managed the re-election campaign of Gov. Orville Freeman, who in return in 1960 appointed Mondale the state's attorney general. He spent two terms as attorney general. When Hubert H. Humphrey II was elected vice president in 1964, Mondale was appointed to Humphrey's seat in the Senate. Mondale was elected to the seat in 1966 and re-elected in 1972.

Mondale gained public notice for his role in the Apollo 1 investigation. He attempted to show that NASA was dangerous and a waste of taxpayer money. His ultimate goal was that this money should be directed into social services. Many people came away from the experience with the belief that Mondale was on a witch-hunt.

42nd Vice President

When Jimmy Carter won the Democratic nomination for president in 1976, he chose Mondale as his running mate. Mondale was inaugurated as vice president on 20 January 1977. He was the first vice president to reside at the official vice presidential residence, Number One Observatory Circle. Carter and Mondale were renominated at the 1980 Democratic National Convention, but lost to Ronald W. Reagan and George H. W. Bush. (See U.S. presidential election, 1976, U.S. presidential election, 1980.)

Presidential nominee of 1984

After a brief return to the practice of law, Mondale won the Democratic presidential nomination in the 1984 election. He chose U.S. Rep. Geraldine A. Ferraro of New York as his running mate, making her the first woman nominated for that position by a major party. Mondale ran a liberal campaign, supporting a nuclear freeze and the Equal Rights Amendment (ERA). He spoke against what he considered to be unfairness in Reagan's economic policies and the need to reduce federal budget deficits.

Mondale shakes hands with Ronald Reagan before a debate in 1984.

When he made his acceptance speech at the Democratic Convention, Mondale said: "Let's tell the truth. Mr. Reagan will raise taxes, and so will I. He won't tell you. I just did." Although he intended this to demonstrate that he was honest while Reagan was hypocritical, it was widely remembered as simply a campaign pledge to raise taxes, and it hurt him in the end. In 1986, Reagan did sign into law a bill that raised taxes for corporations, but at the same time cut taxes further for individual taxpayers.

In the 1984 election, Mondale was defeated in a massive landslide, winning only the District of Columbia and his home state of Minnesota, thus securing only 13 electoral votes to Reagan's 525. Mondale's defeat was the worst for any Democratic Party candidate in history, and the worst for any major-party candidate since Alf Landon's loss to Roosevelt in 1936.

Private citizen and ambassador

Following the election, Mondale returned again to private law practice, with Dorsey & Whitney in Minnesota in 1987. From 1986 to 1993, Mondale was chairman of the National Democratic Institute for International Affairs.

Under the presidency of Bill Clinton, he was ambassador to Japan from 1993 to 1996, chaired a bipartisan group to study campaign finance reform, and was Clinton's representative in Indonesia in 1998.

2002 election

Mondale talks during a debate with Norm Coleman in 2002.

In 2002, Democratic US Senator Paul Wellstone of Minnesota, who was running for re-election, died in a plane crash just 11 days before the Nov. 5 election. Mondale, at age 74, replaced Wellstone on the ballot, but narrowly lost the election to the conservative Republican opponent Norm Coleman. Upon conceding the election, Mondale said, "At the end of what will be my last campaign, I want to say to Minnesota, you always treated me well, you always listened to me". Mondale finished with 1,067,246 votes (47.34%) to Coleman's 1,116,697 (49.53%) out of 2,254,639 votes cast. Mondale set a political record of sorts as a result of this loss, becoming the only major party candidate in U.S. history to lose statewide elections in all 50 states (having won only Minnesota in the 1984 election).

Norwegian ancestry

Mondale has always maintained strong ties to his ancestral Norway. Coincidentally, when he entered the Senate in 1964 he took over the seat of vice president Hubert Humphrey, another Norwegian-American. In later years Mondale has served on the executive committee of the Peace Prize Forum, an annual conference co-sponsored by the Norwegian Nobel Institute and five Midwestern colleges of Norwegian heritage. In connection with Norway's Centennial Celebration in 2005, he chairs the committee to promote and develop cultural activities between Norway and Norwegian-American organizations. During the 1984 Presidential election he was even nicknamed "Norwegian wood", a play on the Beatles song, his ancestory and his appearance.

Mondale's 45 year old daughter, Eleanor, is a television personality, who is currently battling brain cancer.


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Mondale's 45 year old daughter, Eleanor, is a television personality, who is currently battling brain cancer. IT insiders foresee the case to be a landmark ruling in what is a fiercely competitive market. During the 1984 Presidential election he was even nicknamed "Norwegian wood", a play on the Beatles song, his ancestory and his appearance. Whilst proving that Intel holds a monopoly is simple (the company is reckoned to have an 80-90% share of the processor market) the debate over the 'scare and coercion' tactics supposedly employed by Intel is likely to be more protracted. In connection with Norway's Centennial Celebration in 2005, he chairs the committee to promote and develop cultural activities between Norway and Norwegian-American organizations. Amongst other accusations AMD alleged that Intel was unlawfully maintaining its monopoly through unfair business practices, such as drastically lower pricing for customers on the condition that Intel microprocessors were used exclusively in their systems. In later years Mondale has served on the executive committee of the Peace Prize Forum, an annual conference co-sponsored by the Norwegian Nobel Institute and five Midwestern colleges of Norwegian heritage. In June of 2005 AMD, Intel's chief rival in the x86 microprocessor market, filed an antitrust claim against Intel and its Japanese subsidiary in a Delaware court.

Coincidentally, when he entered the Senate in 1964 he took over the seat of vice president Hubert Humphrey, another Norwegian-American. the Green Line) and therefore is not considered disputed territory. Mondale has always maintained strong ties to his ancestral Norway. In fact, the city of Kiryat Gat (where the plant is located) lies well within the pre-1967 borders of Israel (a.k.a. history to lose statewide elections in all 50 states (having won only Minnesota in the 1984 election). Intel's massive manufacturing plant in Israel was built, with the help of heavy subsidies from Israel, on lands that Palestinians claim were confiscated from them. Mondale set a political record of sorts as a result of this loss, becoming the only major party candidate in U.S. As well, Intel is accused by Palestinians of collusion with Israel in supporting them in holding on to land confiscated illegally from the Palestinians.

Mondale finished with 1,067,246 votes (47.34%) to Coleman's 1,116,697 (49.53%) out of 2,254,639 votes cast. In contrast with other hi-tech companies such as Microsoft, Intel does not allow discounted purchases of any kind by staff. Upon conceding the election, Mondale said, "At the end of what will be my last campaign, I want to say to Minnesota, you always treated me well, you always listened to me". However, Intel's working practices still face criticism,the company is notorious for paying extremly low wages and workplace bullying is common. Mondale, at age 74, replaced Wellstone on the ballot, but narrowly lost the election to the conservative Republican opponent Norm Coleman. In addition, the company was named one of the 100 Best Companies for Working Mothers in 2004 by Working Mothers magazine. 5 election. They have maintained this rating in 2003 and 2004.

In 2002, Democratic US Senator Paul Wellstone of Minnesota, who was running for re-election, died in a plane crash just 11 days before the Nov. Intel received a 100% rating on the first Corporate Equality Index released by the Human Rights Campaign in 2002. Under the presidency of Bill Clinton, he was ambassador to Japan from 1993 to 1996, chaired a bipartisan group to study campaign finance reform, and was Clinton's representative in Indonesia in 1998. Its market capitalisation is about $154 billion (March 2005). From 1986 to 1993, Mondale was chairman of the National Democratic Institute for International Affairs. However, Intel was already trademarked by a hotel chain so they had to buy the rights for that name at the beginning. Following the election, Mondale returned again to private law practice, with Dorsey & Whitney in Minnesota in 1987. They then used the name NM Electronics for almost a year, before deciding to call their company INTegrated ELectronics or "Intel" for short.

Mondale's defeat was the worst for any Democratic Party candidate in history, and the worst for any major-party candidate since Alf Landon's loss to Roosevelt in 1936. But the name didn't sound good in electronics—noise being associated with bad interference. In the 1984 election, Mondale was defeated in a massive landslide, winning only the District of Columbia and his home state of Minnesota, thus securing only 13 electoral votes to Reagan's 525. At its founding, Gordon Moore and Robert Noyce wanted to name their new company 'Moore Noyce'. In 1986, Reagan did sign into law a bill that raised taxes for corporations, but at the same time cut taxes further for individual taxpayers. Grove stepped down as Chairman, but will be retained as a special advisor. I just did." Although he intended this to demonstrate that he was honest while Reagan was hypocritical, it was widely remembered as simply a campaign pledge to raise taxes, and it hurt him in the end. The board of directors elected Otellini, and Barrett replaced Grove as chairman of the board.

He won't tell you. The changes were made effective May 18, 2005. Reagan will raise taxes, and so will I. Barrett, in turn, will retire in 2005 and hand the reigns of the company over to Paul Otellini, who is also already the company president and was responsible for Intel's design win in the original IBM PC. Mr. In 1997 Grove succeeded Moore as Chairman and Craig Barrett, already company president, took over. When he made his acceptance speech at the Democratic Convention, Mondale said: "Let's tell the truth. Andy Grove became the company's President in 1979 to which he added the CEO title in 1987 when Moore became Chairman.

He spoke against what he considered to be unfairness in Reagan's economic policies and the need to reduce federal budget deficits. Robert Noyce was Intel's CEO at its founding in 1969, followed by co-founder Gordon Moore in 1975. Mondale ran a liberal campaign, supporting a nuclear freeze and the Equal Rights Amendment (ERA). Legal experts predict the lawsuit will most likely drag out for a number of years since Intel's response indicates they are not likely to try and settle with AMD. Ferraro of New York as his running mate, making her the first woman nominated for that position by a major party. In its rebuttal, Intel layed out the skeleton of its legal defense which included a deconstruction of AMD's offensive strategy and levied the charge that AMD's long struggling market position is largely a result of bad business decisions and management incompetence including underinvestment in essential manufacturing capacity and over-reliance on outsourcing chip foundries.[2]. Geraldine A. Intel filed its response[1] in September to AMD's lawsuit and refuted AMD's claims, stating that its business practices are fair and lawful.

Rep. The case in Japan led to "dawn raids" by the European Commission on some European Intel offices in July 2005. He chose U.S. The Japanese Fair Trade Commission found in favour of AMD; the other case will be heard by a court in Delaware. After a brief return to the practice of law, Mondale won the Democratic presidential nomination in the 1984 election. In June 2005, AMD sued Intel in two jurisdictions for anti-competitive practices. presidential election, 1980.). Some smaller competitors such as Transmeta produce low-power processors for portable equipment.

presidential election, 1976, U.S. Currently, the only major competitor to Intel on the x86 processor market is Advanced Micro Devices (AMD), with which Intel has had full cross-licensing agreements since 1976: each partner can use the other's patented technological innovations without charge. (See U.S. Intel's market dominance (at one time it controlled over 85% of the market for 32-bit PC microprocessors), combined with Intel's own hardball legal tactics (such as its infamous 338 patent suit versus PC manufacturers) made it an attractive target for litigation, but few of the lawsuits ever amounted to anything. Bush. Intel's dominance in the x86 microprocessor market led to numerous charges of antitrust violations over the years, including FTC investigations in both the late 1980s and in 1999, and civil actions such as the 1997 suit by Digital Equipment Corporation (DEC) and a patent suit by Intergraph. W. The switchover to Intel will begin in mid 2006, reportedly appearing first in Apple's low-end machines and portables.

Reagan and George H. In particular, the large power requirement of the G5 chips was seen as a major stumbling block, preventing the placement of such a chip in one of Apple's laptop computers, the PowerBook and iBook. Carter and Mondale were renominated at the 1980 Democratic National Convention, but lost to Ronald W. Also, it was implied that the future PowerPC roadmap was unable to satisfy Apple's needs in terms of computing power. He was the first vice president to reside at the official vice presidential residence, Number One Observatory Circle. Reasons stated for the change were vague, but included thermal issues, as recent G5-class PowerPC chips are well-known for running hot. Mondale was inaugurated as vice president on 20 January 1977. On June 6, 2005, Apple Computer CEO Steve Jobs announced in his keynote address at WWDC that Apple would be switching from its long-favored PowerPC Architecture to Intel CPUs.

When Jimmy Carter won the Democratic nomination for president in 1976, he chose Mondale as his running mate. The competition between Intel and Microsoft was revealed in testimony at the Microsoft anti-trust trial. Many people came away from the experience with the belief that Mondale was on a witch-hunt. IAL's software efforts met with a more mixed fate; its video and graphics software was important in the development of software digital video, but later its efforts were largely overshadowed by competition from Microsoft. His ultimate goal was that this money should be directed into social services. During the 1990s, Intel's Intel Architecture Labs (IAL) was responsible for many of the hardware innovations of the personal computer, including the PCI Bus, the PCI Express (PCIe) bus, the Universal Serial Bus (USB), and the now-dominant architecture for multi-processor servers. He attempted to show that NASA was dangerous and a waste of taxpayer money. When the PC industry exploded in the late 1980s and 1990s, Intel was the primary beneficiary.

Mondale gained public notice for his role in the Apollo 1 investigation. Until then, manufacture of complex integrated circuits was not reliable enough for customers to depend on a single supplier, but Grove began producing processors in three geographically-distinct factories, and ceased licensing the chip designs to competitors such as Zilog and AMD. Mondale was elected to the seat in 1966 and re-elected in 1972. A key element of his plan was the notion, then considered radical, of becoming the single-source for successors to the popular 8086 microprocessor. Humphrey II was elected vice president in 1964, Mondale was appointed to Humphrey's seat in the Senate. Grove described this transition in the book Only the Paranoid Survive. When Hubert H. In 1983, at the dawn of the personal computer era, Intel's profits came under increased pressure from Japanese memory-chip manufacturers, and then-President Andy Grove drove the company into a focus on microprocessors.

He spent two terms as attorney general. (Note: Intel is usually given credit with Texas Instruments for the almost-simultaneous invention of the microprocessor). Orville Freeman, who in return in 1960 appointed Mondale the state's attorney general. Originally developed for the Japanese company Busicom to replace a number of ASIC's in a calculator already produced by Busicom, the Intel 4004 was introduced to the mass market on November 15, 1971, though the microprocessor did not become the core of Intel's business until the mid-1980s. He managed the re-election campaign of Gov. Concurrently, Intel engineers Marcian Hoff, Federico Faggin, Stanley Mazor and Masatoshi Shima invented the first microprocessor. He graduated with a law degree from the University of Minnesota Law School in 1956 and began to practice law in Minneapolis. The company's first products were random-access memory integrated circuits, and Intel grew to be a leader in the fiercely competitive DRAM, SRAM, and ROM markets throughout the 1970s.

Army during the Korean War. Intel by the end of the 1990s was one of the largest and most successful businesses in the world, though fierce competition within the semiconductor industry has since diminished its position somewhat. He then served two years at Fort Knox, in the U.S. It is Grove who is now remembered as the company's key leader. Paul and the University of Minnesota, graduating in 1951. Intel's employee number four was Andy Grove (a chemical engineer), who ran the company through much of the 1980s and the high-growth 1990s. He was educated at Macalester College in St. It is noteworthy that Intel competitor AMD was also founded by Fairchild defectors, in 1969.

His half-brother was the Unitarian minister Lester Mondale. Moore (a chemist and physicist) and Robert Noyce (a physicist and co-inventor of the integrated circuit) when they left Fairchild Semiconductor. Mondale was born in Ceylon, Minnesota, the son of a Methodist minister. Intel was founded in 1968 by Gordon E. . . Reagan, who was reelected in a landslide when Mondale carried only his home state of Minnesota and the District of Columbia. Intel has advanced research projects in all aspects of semiconductor manufacturing, including MEMS.

He was also a two-term US Senator from Minnesota and the Democratic Party nominee for president in 1984 against the incumbent, Republican Ronald W. Intel also makes networking cards, motherboard chipsets, components, and other devices. He was the 42nd US Vice President (1977-1981) under President Jimmy Carter. Intel Corporation (NASDAQ: INTC) (founded 1968) is a U.S.-based multinational corporation that is best known for designing and manufacturing microprocessors and specialized integrated circuits. Walter Frederick "Fritz" Mondale (born January 5, 1928 in Ceylon, Minnesota) is an American politician and member of the Democratic-Farmer-Labor Party. GSTI Software Index. SOX (PHLX Semiconductor Sector).

Nasdaq 100. S&P 500. Dow Industrials. Intel is publicly traded at NASDAQ with the symbol INTC.

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