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...fabulous," says California Congressman Tony Coelho, chairman of the Democratic congressional campaign committee. "It's a big plus." Privately, however, many Democrats, including black politicians, are ambivalent at best. "I can't see any benefit to be derived from a black candidacy," says Georgia State Senator Julian Bond. "If I could, I'd be persuaded...

Author: /time Magazine | Title: PUSH Toward the Presidency | 8/8/1983 | See Source »

...finally arrived last week for the Washington Public Power Supply System. D for default. D for debacle. With its coffers almost empty, WPPSS or Whoops, as everyone now calls the agency, formally declared that it could not repay $2.25 billion in bonds used to finance partial construction of two now abandoned nuclear power plants in Washington State. It is by far the largest municipal bond default in U.S. history, and the damage is incalculable. The fiasco has robbed thousands of investors of their savings, shaken confidence in the municipal bond market, angered and humiliated the people of the Northwest, tarnished...

Author: /time Magazine | Title: Whoops! A $2 Billion Blunder: Washington Public Power Supply System | 8/8/1983 | See Source »

Keezen New and Used Clothing Store has long been a Harvard tradition, and white the current owners plan to maintain that special relationship, they will miss the man who did much to forge the bond, former owner Frederick Salo who died two weeks ago of a heart attack...

Author: By Rebecca J. Joseph, | Title: Harvard Associates Mourn Passing of Keezers' Ex-Owner | 7/22/1983 | See Source »

...soldiers, lawmen, explorers-people who all went out and put their lives on the line for the cause of good." Whom did he mean? An astronaut, perhaps, or a star FBI drug buster. No, Reagan was praising Agent 007 in a filmed appearance on a British TV special, James Bond, The First 21 Years. The President did not seem troubled by the fact that Ian Fleming's superspy also has a reputation for booze (vodka martinis, shaken not stirred), fast women and a quick trigger-not precisely dear-to-the-heartland pulpit pleasers. White House embarrassment did not develop...

Author: /time Magazine | Title: People: Jul. 11, 1983 | 7/11/1983 | See Source »

...giant caverns look as if they might be the site for a villainous Ian Fleming scheme wherein a Dr. No or a Goldfinger concocts a plan to conquer the world, only to be thwarted in the end by a quick-thinking James Bond. The caves in the Kansas City area actually serve a far more tranquil purpose: commerce. More than 3,000 people are at work for 170 companies 110 ft. to 200 ft. below the gently rolling scene on the surface...

Author: /time Magazine | Title: Subterropolis | 7/4/1983 | See Source »

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