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...economic crises have a tangled skein of causes, but the thread of this one starts in the early '90s. After the Persian Gulf War, as Middle East producers pumped their way to recovery, the price of crude oil dropped steadily, then stayed low for nearly a de- cade, fueling the global economic boom. By early '99, a barrel of oil clocked in at just...

Author: /time Magazine | Title: Over A Barrel | 9/25/2000 | See Source »

Consider leadership, the most essential quality for a President. In the early '90s, with time off (for him) to run for President, Buchanan and I were co-hosts of the CNN program Crossfire. A mentally handicapped friend of mine was a big fan of the show. (Don't snort. O.K., go ahead and snort.) My friend can't begin to comprehend a talk-show discussion, but his lack of comprehension allows him to see the underlying social dynamic more clearly than those of us whose vision is fogged by understanding. He said to me once, "Mike, is that...

Author: /time Magazine | Title: Ralph and Pat: A Voter's Guide | 9/25/2000 | See Source »

Gangsta rap, with its narrative tales and its cinematic funk-driven sound, offered a distinct alternative to the tricky bebop gymnastics of the freestyling East Coast. But hip-hop came close to destroying itself in the mid-'90s when that bicoastal rivalry almost turned into a shooting war, as Tupac Shakur - between surviving shootings and spells in prison - threatened the life of Brooklyn rapper the Notorious B.I.G. and both men, former friends, were by the end of 1997 dead in as-yet-unsolved drive-by shootings...

Author: /time Magazine | Title: 'Hip-Hop Nation' Is Exhibit A for America's Latest Cultural Revolution | 9/22/2000 | See Source »

...Acts who broke through in the '80s and '90s opened the show. A newly blond Sheryl Crow strutted her stuff in Victorian hippie garb followed by Hendrix aficionado Lenny Kravitz (playing rather louder than the comfort zone for most middle-aged Democrats), a soberly besuited Jon Bon Jovi and a beaming k.d. lang. The performers each contributed one or two of their hits, an astute choice for a benefit crowd that nuzzles more contentedly on familiarity than new terrain. When the artist roster first reached back into the 1970s it yielded the laid-back Buffet, who revealed the "play...

Author: /time Magazine | Title: Being for the Benefit of Mr. Gore | 9/15/2000 | See Source »

...90s Psychologists say that we spend most of our adult life refighting the unresolved battles of our childhood. So it is with this election. And ergo the fund-raiser concerts. Unlike 1992 and 1996, when baby boomer Clinton faced off against WWII veterans Bush Sr. and Dole, this election pits two kids of the '60s generation against each other. And their political differences are just a reflection of the cultural civil war of that...

Author: /time Magazine | Title: Being for the Benefit of Mr. Gore | 9/15/2000 | See Source »

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