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WASHINGTON: Never mind that Congress wanted the line-item veto in the first place; the Supreme Court ruled Thursday that granting the President power to tweak bills violates the constitutional separation of powers. Of course, that will only make the issue even more of a political gold mine -- and if it requires a constitutional amendment, then...

Author: /time Magazine | Title: Line-Item Veto Gets Crossed Out | 6/25/1998 | See Source »

...should be sick of Michael Jordan. We should send him--his Italian suits, wagging tongue, faint mustache and gold hoop earring--straight back to the '80s where he belongs. This is a guy who's had his own shoe since 1985. Are we still watching Miami Vice and moonwalking and wearing skinny ties? Come on, people. Move...

Author: /time Magazine | Title: Basketball: The One And Only | 6/22/1998 | See Source »

...fact, it is Captain Herndon, not Mark Twain, who is the link to Tommy Thompson, and Thompson who is the main figure of what is so far the summer's best nonfiction adventure story, Ship of Gold in the Deep Blue Sea (Atlantic Monthly; 507 pages; $27.50). As author Gary Kinder relates, in 1857, some years after making his exploration and writing his book, Herndon had charge of a large paddle-wheel steamer bound from the Panamanian port city of Aspinwall, now known as Colon, to New York City. The S.S. Central America carried 500 passengers, many of them returning...

Author: /time Magazine | Title: Books: Fantastic Voyage | 6/22/1998 | See Source »

...September 1989-after years of heroism, obsession, storms, electronic sulks, budget ruptures and challenges in court and at sea-the story was different. Thompson's expedition brought up a large part of the Central America's gold bars, dust and nuggets, valued at nearly $1 billion in 1989 dollars. It wasn't easy money, but it sure is a great story. Kinder tells it in fascinating, exhaustive detail, including the following information: as part of the process of securing rights to a wreck, marine law requires that you file a lawsuit. Against whom--Neptune? Close; you sue the wreck itself...

Author: /time Magazine | Title: Books: Fantastic Voyage | 6/22/1998 | See Source »

Much of the joking came from the thought that Ace might end up subsidizing a bunch of guys in gold chains and heavy cologne taking the drug for "enhancement" purposes, as one more hedge against middle-age insecurity, like Rogaine. The hospital will be weeding them out. Anyway, what they're looking for is a pill to cure rejection. Not even Ace has enough money for that...

Author: /time Magazine | Title: The Best Things in Life Aren't Free | 6/22/1998 | See Source »

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