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This makes Regan a lightning rod for criticism of the Administration when problems erupt. Resting his case on Iran, the Daniloff deal and Reagan's murky conduct at the Iceland summit, conservative Columnist George Will wrote last week: "The aides in close contact with President Reagan today are the least distinguished such group to serve any President in the postwar period." Regan dismisses such sweeping criticisms. But he does bristle at unfavorable comparisons between his White House (and he often sounds as if he believes it is "his" White House) and that managed by his predecessor, James Baker. Regan firmly...

Author: /time Magazine | Title: The De Facto President | 12/1/1986 | See Source »

Ostriker was thinking not about strings but about the structure of the universe when in 1981 he co-authored a theory on the formation of new galaxies, which are huge islands of billions of stars. Aware that entire galaxies can erupt in explosive bursts of energy, Ostriker had suggested that the force of such mighty blasts would drive away surrounding dust and gases, leaving vast regions of the sky virtually empty and compressing the expelled gases and dust into shells around the voids. It was from this compressed matter, he said, that new galaxies might form...

Author: /time Magazine | Title: Science: A Theory with Strings Attached | 11/24/1986 | See Source »

...best left off the resume. But one film -- David Lynch's Blue Velvet -- cannot be dismissed. An illustrated guide to Krafft-Ebing, Blue Velvet is perhaps the first film since 1972's Last Tango in Paris to scandalize its audience. At the end people are as likely to erupt in boos as to burst into applause...

Author: /time Magazine | Title: Dennis Hopper: Easy Rider Rides Again | 11/17/1986 | See Source »

...which will signal him when it is time to unleash his electronic firepower, is advising him to wait. But suddenly the stock market begins to move downward, and the telltale digit on Schmuckler's screen starts changing like a countdown at Cape Canaveral. The trader and his two assistants erupt in a frenzy of shouted telephone conversations as they advise colleagues in New York City and Chicago to get ready for a blast of trading orders. "Strap on your seat belts, folks," says Schmuckler. "It looks like it's going to be another wild and woolly one! Get ready...

Author: /time Magazine | Title: Strap on Your Seat Belts! | 11/10/1986 | See Source »

...contrary, whenever a nation tries to dispose of its surpluses, furious fights erupt, even among old friends. Australian Foreign Minister Bill Hayden has been thundering that subsidized American sales of wheat to the Soviet Union and sugar to China, traditional Australian markets, could undermine the bilateral defense alliance. Thais are so incensed by subsidized American rice exports that a Bangkok newspaper recently ran the headline BEST FRIEND U.S. CUTS THAILAND'S THROAT...

Author: /time Magazine | Title: Too Much of a Good Thing | 9/8/1986 | See Source »

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