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...program the U.S. might contemplate is providing the Kremlin with credit ! to buy Western consumer goods for resale in the Soviet Union for rubles. While some economists dismiss this as a palliative, it could bring several benefits. The goods -- clothing, household electronics, large items like autos -- could be sold at whatever the market would bear. This would absorb much of the $670 billion of savings "overhang" locked up in banks or stashed away at home because Soviet shoppers can find nothing worth buying. Sopping up that excess cash would make subsequent restructuring, from price reform to the convertibility...

Author: /time Magazine | Title: Aid That Would Work | 7/16/1990 | See Source »

...latest trip to the studio, this time accompanied by his father Ellis on piano, has produced what may be Wynton's best recording to date. His breathy lyricism on such standards as Where or When, The Very Thought of You, and I Cover the Waterfront will surprise those who dismiss the young man from New Orleans as a dazzling but cold technician...

Author: /time Magazine | Title: Critics Voices: Jul. 2, 1990 | 7/2/1990 | See Source »

...critique mainly reveals the complacency of its critics. No longer would those who fight for change--for accountable and compassionate government, for healing the inner cities, or for an end to race and gender discrimination--be granted any moral high ground. Instead, the new conservatives can dismiss them all as followers, yea-sayers, cunning players to the political crowd...

Author: By Spencer S. Hsu, | Title: With Peace and Prosperity Accomplished, Let's Worry a Little | 6/7/1990 | See Source »

...security. When Chamorro took office last month, she suspended a Sandinista-passed law that prohibits firing government workers, most of whom are FSLN supporters. With public buses idle and the airport closed, the government gave way by Thursday, agreeing to a 100% pay hike and promising not to dismiss anyone. Said union leader Lucio Jimenez: "I hope the government learned something from this...

Author: /time Magazine | Title: Nicaragua: Strike Force | 5/28/1990 | See Source »

...comfortable middle-class roles like an art-gallery owner on Father Dowling Mysteries. As a result, prejudice becomes an abstraction to be preached against and overt bigotry all but limited to a bizarrely menacing alliance between American Nazis and skinheads on 21 Jump Street. So too does TV breezily dismiss the crisis of the black family. On Bagdad Cafe, Whoopi Goldberg plays a recently jettisoned wife whose son's only adjustment problem is that working in the restaurant kitchen interferes with his ambition to be a classical pianist. This atypical dilemma is resolved in 1950s-sitcom style: Henry Mancini decrees...

Author: /time Magazine | Title: Video: What A Waste of (Prime) Time | 5/14/1990 | See Source »

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