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...guitar, he educated as well as entertained. When he sang about a giraffe named Joshua pining to leave the zoo, children learned to wonder about the feelings of animals. Thanks a Lot offered gratitude to a generic deity for the everyday goodness of life. His paeans to the peanut-butter sandwich, the horn on the bus, tooth brushing and bathtime were comforting confirmation to millions of squirming dissidents that while each of them is unique, their frustrations and fears...

Author: /time Magazine | Title: No More Clapping Hands: RAFFI | 10/7/1991 | See Source »

President Lyndon B. Johnson was the mastermind of this coalition. In simple terms, it meant guns and butter. Johnson figured that most Americans wouldn't want to fight the expensive battles for democracy. So to keep them in the Democratic-dominated, internationalist camp, he gave them goodies: expanded welfare, unemployment benefits, Medicare. And to woo Blacks into the coalition, civil rights legislation and eventually affirmative action...

Author: By John A. Cloud, | Title: David Duke and the New Politics | 9/19/1991 | See Source »

Although supplies are erratic, cigarettes and bread are practically the only major staples not rationed these days in this industrial center of 1.1 million, situated 700 miles northeast of Moscow on the Trans-Siberian railway line through the Ural Mountains. Salt, sugar, butter, eggs, macaroni and even matches must be bought with ration coupons -- assuming, of course, that state- run stores have the items. At harvest time, a shortage of sugar caused a near panic; without it, fruits and berries from family garden plots could not be made into preserves for the coming winter. In Perm, as elsewhere in provincial...

Author: /time Magazine | Title: Soviet Union: Bread, Cigarettes and Reform | 9/16/1991 | See Source »

...talking serious vinegar now, the familiar sour wine (a literal translation of the French vin aigre) that has become the condiment of the hour -- and not just to sprinkle on salads or pickle veggies. As diet-conscious customers shun butter and cream, top toques at grand-luxe restaurants increasingly use it to give low-cal piquancy to their creations. At Manhattan's Montrachet, chef Debra Ponzek uses champagne vinegar as a basis for lemongrass sauce and dollops cider vinegar into a ginger sauce for roast duck...

Author: /time Magazine | Title: A Tasty Touch Of Acid | 7/22/1991 | See Source »

...banks thus become obsolete? The answer is that they still have a role to play, but a far smaller one, since they are no longer the only game in town. Beset with an overhang of poor-quality loans from the 1980s and new challenges in all the bread-and-butter businesses, banks have lost their financial edge -- and then some. "The nonbank companies have smelled blood in the banking system, and they have moved in to gain market share," says Edward Yardeni, chief economist for the Wall Street firm C.J. Lawrence. "To survive, the banks are going to have...

Author: /time Magazine | Title: Do We Really Need Banks Anymore? | 7/15/1991 | See Source »

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