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...shaken guest a lifetime later. "It sucks the shingles right off one side of the house." Kay Johnson volunteered that the wind recently removed two railroad engines from a nearby track. Loretta Johnson said it once blew her from the yard outside the farmhouse to the crest of a distant hill before she could get some purchase. Their father, Mack Johnson, who had been hauling wheat, said it was nothing compared with some of the blows the family had been through. At that point, the visitor resolved that if anybody in the house answered to the name Dorothy or owned...

Author: /time Magazine | Title: In Colorado: A Great Fondness for Country Tunes | 6/21/2005 | See Source »

...already spent time in Hollywood talking with those who knew and worked with Reagan. Soon Morris will go to Dixon, Ill., and live for a spell along the President's boyhood streets. There he will search for keys to Reagan's character, look for experiences of those distant years that surface today. Morris has noted that at Reagan's "cutting edge" lunches, where pioneering physicists, geneticists and others come to talk, the host's native humor and geniality almost always help to bring out ideas from the visitors...

Author: /time Magazine | Title: The Presidency: The White House as Theater | 6/21/2005 | See Source »

Volcker's Federal Reserve Board has been able to allow low interest rates to work their magic because inflation remains only a distant threat. In fact, the Labor Department announced last week that wholesale prices actually deflated in February, falling by 1.6% from January, the biggest one-month drop since record keeping began in 1947. The Consumer Price Index, which peaked at a raging 13.3% in 1979, increased only 3.8% last year. Moreover, the expected increase in U.S. economic activity, which ordinarily might send wages and prices sharply higher, is unlikely to do so this time, because factories have plenty...

Author: /time Magazine | Title: The Amazing Boom Machine | 6/21/2005 | See Source »

...with a 1% increase. Experts expect energy prices to flatten out soon and thus predict that inflation will rise from the grave. Washington Economist Michael Evans, for example, forecasts that consumer prices will rise at a 5% annual rate during the second half of 1986. INVESTING Distant Stocks, Instant Trades...

Author: /time Magazine | Title: Business Notes: May 5, 1986 | 6/21/2005 | See Source »

Despite the preparations he still must attend to, Reagan is willing to ruminate about his sense of the importance of the Iceland meeting, about how two men in a strange and distant room can shatter the world or heal it. "When I sat down with Gorbachev in Geneva, I told him that here were two individuals in a room who either could provide peace for the world or could bring about World War III," says Reagan, his voice taking on a tone of urgency. "We needed to work to eliminate the mistrust between us and then the armaments that could...

Author: /time Magazine | Title: The Presidency: I Think I Have Some Room to Maneuver | 6/21/2005 | See Source »

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