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...known as TEFRA, which repealed much of the business tax cut of the previous year; the gasoline tax; the 1983 Social Security amendments; and the Deficit Reduction Act of 1984) totaling, according to the Treasury Department, $530 billion over a multiyear period. Paul Craig Roberts Professor of Political Economy Georgetown University Washington...

Author: /time Magazine | Title: Letters: Aug. 19, 1985 | 4/18/2005 | See Source »

DIED. Linden Forbes Sampson Burnham, 62, President of Guyana and authoritarian ruler of his Caribbean-rim nation (pop. 800,000) since two years before independence in 1966; during an operation for a throat ailment; in Georgetown, Guyana. Folksy and sharp-witted, with a flair for oratory, he won the 1964 election by playing on tensions between ethnic Indians and blacks and on U.S. and British fears of Marxist Cheddi Jagan, the first pre-independence Premier. Thereafter he blended leftist rhetoric, aggressive nonalignment and a socialist policy that professed economic self-sufficiency but led, partly because of depressed commodity prices...

Author: /time Magazine | Title: Milestones: Aug. 19, 1985 | 4/18/2005 | See Source »

Some things did not change while McLellan was on the beat. Georgetown still is the most interesting place to live. Most of Washington's official writing remains dismal. The Marine Corps summer reviews are the best patriotic pageants in the country. The aides to powerful public figures take the place of the wives of these workaholics. "After all," says McLellan, "they see their aides more often, and the aides are more obedient than the wives." Now for her novel. It's hard to see, though, how fiction can top true life...

Author: /time Magazine | Title: The Presidency: Affluence in Pursuit of Influence | 4/18/2005 | See Source »

...attack on three decades of decisions expanding basic rights. Liberal Justice William Brennan was sufficiently troubled to make a rare off-the-bench speech on the subject. "We current Justices read the Constitution in the only way that we can: as 20th century Americans," Brennan unrepentantly told a Georgetown University audience three weeks ago. It is "little more than arrogance" to believe that anyone can "gauge accurately the intent of the framers." Last week Moderate Justice John Paul Stevens weighed in with remarks to a group of Chicago lawyers, attacking elements of the Meese-Reagan "original intent" vision because...

Author: /time Magazine | Title: Law: Judges with Their Minds Right | 4/18/2005 | See Source »

...that seemed certain about the drama of the turncoat's return was that the last act began at a casual bistro in bustling Georgetown, Au Pied de Cochon, where he went for dinner with a junior CIA security officer on Saturday night. As his escort was paying the check, Yurchenko suddenly asked a question. "What would you do if I got up and walked out? Would you shoot me?" Replied the CIA agent: "No, we don't treat defectors that way." "I'll be back in 15 or 20 minutes," Yurchenko said. Pause. "If I'm not, it will...

Author: /time Magazine | Title: The Spy Who Returned to the Cold | 4/18/2005 | See Source »

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