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...fast as they can. Wood is already stacked high against nearly every house, ready to be fed to wood-burning stoves and fireplaces this winter, when the temperature, as it always does, will drop to 20° below and the cost of heating oil will rise to 90? per gal., about twice as much as last year...

Author: /time Magazine | Title: In Maine: A Bold Launching into the Past | 9/3/1979 | See Source »

Abolish the corporate income tax. Force regulators to stick to a budget. Drive up gasoline prices to $3 per gal. Replace the personal income tax with a tax on only "expenditures." The new generation of innovative economists has a bold diversity of ideas-and ideologies. Some of them still applaud Keynes, at least with one hand, but others turn thumbs down. All agree, however, that Government often compounds the economic dilemma and that the nation needs more individual incentives. A sampling...

Author: /time Magazine | Title: Business: Ideas from the Innovators | 8/27/1979 | See Source »

What's your pleasure? A "steel pianist" who plays Beethoven's Für Elise on the cut-off top of a 55-gal. oil drum? Step right up. A conga drummer with a silver earring in one nostril and a red gem in the other, or a classical guitarist in top hat, tails and tennis shoes? Right this way. String quartets, punk rockers, brass quintets, bagpipers, country crooners, dixieland stompers, ad hoc duos of every string, woodwind and percussive persuasion? Just around the corner...

Author: /time Magazine | Title: Music: The Bands of Summer | 8/27/1979 | See Source »

...resources, estimated to be 25 billion tons, or about one-seventh of the U.S.'s total. In 1950, the South African Coal, Oil & Gas Corp., known as SASOL, was formed and by 1955 Sasol gasoline was being sold. The state-owned company, which charges just over $2 per gal. of gas, began showing a profit in 1973 and last year had pretax profits of $140 million on sales that totaled close to $ 1 billion. Although environmentalists were alarmed at the potential damage -indeed, smoke often hangs like a gray curtain for days over Sasolburg-people are now prepared...

Author: /time Magazine | Title: Business: Synfuel Success | 8/20/1979 | See Source »

Jones located another chopper body and tied it more firmly to the rock. Demolition Expert William Balles loaded it with C-4 plastiques, 50 gal. of gas, and black powder wrapped in naphthalene-a mix designed to make the explosion as fiery as possible. A special "cable-cutting" charge was planted to send the Huey tumbling at just the right moment. When the copter blew up, on cue this time, the sound was heard 40 miles away. One local radio station called it a sonic boom...

Author: /time Magazine | Title: Show Business: Fire and Ice a Mile High | 8/20/1979 | See Source »

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