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Word: freshing (lookup in dictionary) (lookup stats)
Dates: during 1980-1989
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Stripped to essentials, Fiasco is simply another novel about earthlings attempting to contact aliens in outer space. Yet those who have read any of Polish Author Stanislaw Lem's numerous books know that even the most timeworn subject can be the occasion for fresh surprises. Lem's international reputation rests on two qualities rarely found together in one mortal: he is both a superb literary fantasist, a la Jorge Luis Borges and Italo Calvino, and a knowledgeable philosopher of the means and meanings of technology. Lem, 65, not only builds castles in the air, he also provides meticulous blueprints...

Author: /time Magazine | Title: Books: Aliens Fiasco | 6/1/1987 | See Source »

...line with tax reform, the new 1040s will include five income brackets, instead of 15. Many of the intricate old deductions, including the write-off for state sales tax, are gone. But supplemental income schedules contain a welter of new instructions. What does the IRS, fresh from the humiliating recall of its W-4 withholding forms, have to say? The changes, pleads Arthur Altman, head of the IRS group that redesigned the forms, are a "reflection of what Congress has given...

Author: /time Magazine | Title: BUREAUCRACY: Nothing Simple About Reform | 6/1/1987 | See Source »

...emerged last September, when a committee representing more than 350 banks was negotiating a debt package with Mexico. Breaking ranks with his U.S. banking colleagues, Reed protested the terms of the final deal. Mexico successfully rescheduled $44 billion of old debts at bargain rates and got $6 billion in fresh cash that helped, in part, to make the interest payments. Reed finally went along after he was prodded by Federal Reserve Board Chairman Paul Volcker, among others. Citicorp nearly balked again this year when banks renegotiated $13.2 billion in loans with the Philippines and $30 billion with Argentina...

Author: /time Magazine | Title: Citicorp Breaks Ranks | 6/1/1987 | See Source »

...flows of cash, and possessed of a strong appetite for status symbols. Result: what began as the decade of the entrepreneur is fast becoming the age of the pinstriped outlaw, his prodigal twin. The white-collar crime wave is already spurring an antibusiness backlash, which could lead to a fresh dose of the regulations from which many industries have only recently won freedom. Says Michigan Democrat John Dingell, chairman of the House Energy and Commerce Committee: "I think the pressures on honest men have grown manifold, and they're leading them to mistakes they wouldn't have made before...

Author: /time Magazine | Title: Having It All, Then Throwing It Away | 5/25/1987 | See Source »

...look disgustingly cruddy, while those taken afterward are washed down, inpainted and appallingly Disneyish. It is true that Michelangelo's lunettes had suffered from water seepage and required some restoration, but the vast barrel vault itself was relatively pristine; it did not need cleaning. The frescoes now present a fresh Michelangelo whose tie has been straightened to the strangulation point and whose ears are scoured until the ears themselves disappear. The "conservation" that has been done on the Sistine Chapel may be good for tourism, but it is death for the frescoes...

Author: /time Magazine | Title: Letters: Restoring Michelangelo | 5/25/1987 | See Source »

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