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Nearby, equally cut off from everything, was Poland's military high command. If the Poles had adopted a more cautious strategy in the first place, pulling back to form a defensible perimeter, they might have lasted longer. But the Poles refused to abandon an inch of their land, and the Germans' surprise attack across the unfortified frontier threw the defenders into confusion. Military units got separated and cut off; refugees jammed the highways; communications systems broke down; the Germans not only knew Polish codes but also broadcast false information on Polish radio frequencies...

Author: /time Magazine | Title: Blitzkrieg September 1, 1939: a new kind of warfare engulfs Poland | 8/28/1989 | See Source »

...scene in mid-1987, which made everyone skittish and panic-prone. That is not the mood this time around -- at least, not yet -- and markets rarely hit their peak until all types of stocks are overbought, professionals become exuberant, and even small investors are snapping up stocks with abandon. Peter Lynch, manager of Fidelity's $11.5 billion Magellan mutual fund, recalls that "in the summer of 1987, torrents of cash were coming at us out of money-market funds." There is only a dribble this year...

Author: /time Magazine | Title: The Bulls of Summer | 8/21/1989 | See Source »

WARSAW--Polish Prime Minister Czeslaw Kiszczak said yesterday he is ready to resign and abandon his bid to form a new government so that the head of the smaller United Peasant Party, Roman Malinowski, can form a coalition government...

Author: NO WRITER ATTRIBUTED | Title: Polish Leader Abandons Bid for Coalition | 8/15/1989 | See Source »

Solidarity Sen. Jaroslaw Kaczynski, Walesa's envoy to coalition talks, said the independent trade union movement would not abandon its efforts to form a government. Kaczynski said Kiszczak was trying to "make it...very difficult, if not impossible" for Solidarity to form the government, but that he did not think that the proposal of Malinowski for prime minister would succeed...

Author: NO WRITER ATTRIBUTED | Title: Polish Leader Abandons Bid for Coalition | 8/15/1989 | See Source »

...worse may be yet to come. To restructure the country's antiquated industry, Poland must abandon many of the concepts that have governed the economy for 40 years. Inefficient mines, mills and factories will have to be closed. Unemployment will have to be tolerated. So will growing differentials in wages and living standards. Hardest of all for party members will be the loss of cradle-to-grave security...

Author: /time Magazine | Title: Poland To the Brink - and Back Again | 8/14/1989 | See Source »

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