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Stevens is particularly incensed because he has been trying to push through a bill that would give the federally owned Alaska Railroad to the state, lock, stock and pork barrel. Metzenbaum favors a House version of the plan, which would at least require oil-rich Alaska to pay 75% of the railroad's liquidation cost. Stevens got so mad he publicly threatened to go to Ohio to campaign against Metzenbaum's reelection. Says Metzenbaum: "I may send him the plane ticket...

Author: /time Magazine | Title: Expensive Bills | 10/11/1982 | See Source »

...rescue," the U.S. got an agreement from Mexico to quadruple exports to America by next summer. Mexico has also agreed to disregard future oil price guidelines drafted by the Organization of Petroleum Exporting Countries (OPEC). The U.S. will buy Mexican oil for between $25 and $28 a barrel, which undercuts the OPEC price of $34 a barrel...

Author: By Errol T. Louis, | Title: Debt Trap | 10/4/1982 | See Source »

...Bernard Malamud has been talking like a novelist engagé. Much of his fiction has explored Jewish "ethicality," which he defines as "how Jews felt they had to live in order to go on living." In 1958, the year he published his National Book Award-winning stories, The Magic Barrel, he said, quoting Albert Camus: "The purpose of the writer is to keep civilization from destroying itself." He has deplored the self-devaluation of modern man that springs from his having invented the means of his own extinction. It is no surprise, then, that his eighth novel deals with...

Author: /time Magazine | Title: Books: Genesis II | 9/13/1982 | See Source »

...have a government of faceless, anonymous individuals, dictating irrational, unworkable and sometimes insane policies that no one is really responsible for. And a "loyal opposition" in Congress all for eager to rubber-stamp these policies, as long as they can sign their names to those bills that represent pork barrel to their constituents, and support the rest...anonymously. Perhaps the next step will be a government of total anonymity, for which voters will select nameless candidates--Brand A or Brand B--on the basis of unattributed empty slogans and hollow promises, and anonymous records of supporting shameful legislation. The identities...

Author: By Michael Ketz:, | Title: Shadow Government | 8/10/1982 | See Source »

...Petroleum Exporting Countries remains powerful despite the excess oil supplies that depressed prices earlier in the year and the group's inability to set production quotas in Vienna two weeks ago. If the oil producers could find the political will to curtail output sharply, say the authors, a barrel of crude oil that now costs $34 could reach $72 by the year...

Author: /time Magazine | Title: Still Stuck over a Barrel | 7/26/1982 | See Source »

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