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...financial system and bring some law-and-order to what has been a law of the jungle. The nation is repeating the mistakes of 1900 to 1929, when we stumbled through a crisis by never addressing the root cause: the breakdown of the regulatory systems. We must reform the apparatus, which is a mishmash of overlapping agencies...

Author: /time Magazine | Title: Special Report: Crisis in Banking: A Bunch of Delinquents | 1/21/1991 | See Source »

Make no doubt about it: Next to the integrity of the United States itself, one would be hard pressed to arrive at a more vital interest for the United States than the destruction of Iraq's aggressive military apparatus. The sacrifices for America will be heavy, but recognizing the urgency of the situation and taking action now will prevent greater grief in the future...

Author: By Joseph Enis, | Title: War in the Gulf: A Necessary Evil | 1/14/1991 | See Source »

Because Nancy had left no such document, her parents had to prove that she would have wanted the tube disconnected. When the case was first heard in 1988, Judge Teel weighed the testimony of friends and family, then granted permission to remove the life-sustaining apparatus. Four months later, however, the Missouri Supreme Court reversed the ruling, arguing that "vague and unreliable" recollections were insufficient proof of Nancy's intent. Last June the U.S. Supreme Court upheld a state's right to demand clear and convincing evidence in the matter, then returned the Cruzan case to the Missouri courts...

Author: /time Magazine | Title: Ethics: Bringing An End to Limbo | 12/24/1990 | See Source »

Swedes have long fretted that E.C. membership would dilute their country's elaborate welfare apparatus. But with the economy in decline, there seemed little to lose from joining the Community. There appear to be no insurmountable obstacles to the admission of Sweden, given its modern economy and stable government...

Author: /time Magazine | Title: Sweden: No Fence, No Sitting | 12/24/1990 | See Source »

Gorbachev comes across as a brilliant bumpkin from cossack country who could not have made it without Raisa, a doctor of Marxist theory and, in the Sheehy version, the real "prophet of perestroika." How two devout party members could have climbed to the top of the Communist apparatus while nurturing heretical ideas is the subject that gives the author her central thesis of how Gorbachev operates...

Author: /time Magazine | Title: Books: Hot Red | 12/3/1990 | See Source »

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