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Indianapolis is hardly alone among cities that have been quietly putting the fashionable buzz words "reinventing government" into practice. Municipal government has long been regarded as the great back-water of American democracy: a world of political patronage and special-interest jockeying in which policy discussions rarely move beyond synchronizing traffic lights. But a new breed of activist mayors, recently hailed by the New Republic as "the Pride of the Cities," has been turning city halls into hothouses of governmental innovation. They are challenging entrenched interests and butting heads with traditional allies in the pursuit of real reform: overhauling...

Author: /time Magazine | Title: CITY BOOSTERS | 8/18/1997 | See Source »

Even with the Dow Jones Industrial Average flying high over 8000, few on Wall Street say they expect a crash anytime soon. Indeed, the world is a prosperous, friendly place these days, and the coffee-shop buzz is, "How do I get in the market?" not "How do I get out?" But make no mistake, the stock market could crash again. Mechanically, there is nothing in place to guarantee that the Dow won't fall 1000 points by lunch and another 800 points in the afternoon. Get real! An 1,800-point decline today would be the same 23% drop...

Author: /time Magazine | Title: WALL STREET'S DOOMSDAY SCENARIO | 8/4/1997 | See Source »

Versace relished the scene he helped create. "He wanted to be where the buzz was," says Bowles, a visitor to Casa Casuarina. "He loved the excitement." Versace saw Miami Beach, where he spent, on and off, a number of months a year, as a frothy pink-drink antidote to his life in Italy, where he divided his time between his three-story 17th century palazzo in Milan and a 17-room villa on Lake Como. "For reading Proust I have my house on Lake Como," he said in 1993. "Here, in Miami Beach, I don't want another monastery...

Author: /time Magazine | Title: GIANNI VERSACE: LA DOLCE VITA | 7/28/1997 | See Source »

Call the new sound coffeehouse pop. It has a comforting warmth, a topping of sugary froth, and it provides a kind of buzz, like sipping a cappuccino in a corner cafe. It is led, mostly, by female singer-songwriters, writing primarily from a feminist point of view. On her hit song Bitch, Meredith Brooks declares that she wants to "reclaim a word that had taken on a really derogatory meaning." But ideology or no, these women are unafraid to celebrate their own sensuality. On the inside flap of her album, Jewel poses in a sexy yellow swimsuit...

Author: /time Magazine | Title: MUSIC: GALAPALOOZA! LILITH FAIR | 7/21/1997 | See Source »

Sociology repeats geography. The Great Basin does not just trap precipitation; it is also a sinkhole for curious ideas. In the Salt Wells brothel outside Fallon, a group of buzz-cut Navy buddies are swigging tequila around a blazing fireplace. They narrate the day's maneuvers with swooping hand gestures while a giggling, shirtless young prostitute looks on. She seems unimpressed by the flyboys' classified briefing. At the bar, a middle-aged cowboy quietly raves about a plot to swamp Nevada in methamphetamine ("crank"). The cowboy doesn't want his name used (few people do out here), but he does...

Author: /time Magazine | Title: AUSTIN, NEVADA: CONSPIRACY, U.S.A. | 7/7/1997 | See Source »

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