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Other arguments for legalization differ widely depending on the speaker. That is hardly surprising, since the trend cannot properly be called a "movement." It is a very unorganized current of thought with adherents from every part of the political spectrum. Some extreme libertarians contend that the Government has no business telling citizens what they may or may not put into their bodies. A much larger group contends that it is hypocritical to ban narcotics while allowing the sale of alcohol and tobacco, two substances that, this group insists, kill far more people by undermining their health and, in the case...

Author: /time Magazine | Title: Thinking the Unthinkable | 5/30/1988 | See Source »

Some advocates contend that legalization will also help U.S. foreign policy. They assert, with some justification, that the futile effort to stop drug smuggling is poisoning American relations with such important and otherwise friendly Latin nations as Colombia and Mexico that have been unable or unwilling to crack down on the drug trade. Finally, on the left, some advocates contend that legalization would remove a severe threat to individual freedom that is posed by widespread drug searches, demands for wholesale testing and the pending use of the military to enforce drug laws. If the sale of narcotics is permitted, says...

Author: /time Magazine | Title: Thinking the Unthinkable | 5/30/1988 | See Source »

That is what happened on Oct. 19, contend many Wall Streeters, who blame in particular an instrument called the stock-index future. Traded largely in Chicago, such futures enable investors to place bets on the performance of New York stock indexes like the Standard & Poor's 500. The futures, first introduced in 1982, gave portfolio managers a chance to hedge their cash investments in the stocks that make up a particular index. But the futures also gave investors the opportunity to engage in index arbitrage, a practice in which they can reap quick profits from temporary, often minor discrepancies between...

Author: /time Magazine | Title: The War of Two Cities | 5/30/1988 | See Source »

...with the U.S., China may have to stop playing the panda card. Last week the World Wildlife Fund and the American Association of Zoological Parks and Aquariums filed suit in federal court in Washington to halt the shipment of two giant pandas from Shanghai to the Toledo Zoo. Experts contend that the endangered species' population has fallen below 1,000 and that the 100 pandas in captivity reproduce at a lower rate than those in the wild...

Author: /time Magazine | Title: Wildlife: Saying No to Panda-monium | 5/23/1988 | See Source »

...Angeles, went to a salon for 30 minutes a day for two weeks before a Palm Springs vacation. Like many others, she is convinced that a parlor "base tan" effectively protects against sunburn. Some researchers agree, as long as the tanning is gradual. But many others contend it is a "myth" that a UVA base tan can provide protection. Dermatologist Gary Peck of the National Cancer Institute predicts that today's tanners will pay the price tomorrow. At the very least, they are the ones who will be slathering on anti-aging cream "to get rid of the wrinkles caused...

Author: /time Magazine | Title: Health & Fitness: Perils of The Tanning Parlor | 5/23/1988 | See Source »

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