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Although Shmelyov said the government needs to borrow up to $50 billion to help its ailing economy he said Soviet officials have resisted such measures because they do not want to "leave debts to our grandchildren." This comment prompted one audience member to shout, "They need a few lessons from Reagan...

Author: By Matthew M. Hoffman, | Title: Soviets Resist `Perestroika' | 4/19/1988 | See Source »

...Washington, State Department sources, speaking on condition of anonymity, confirmed Delvalle's departure and said he had been in telephone contact with U.S. Ambassador Arthur Davis in Panama City. They said his children and grandchildren were in the American embassy in Panama City. Delvalle is still recognized by the United States as president of Panama...

Author: NO WRITER ATTRIBUTED | Title: Delvalle Flees Home to Evade Military | 2/29/1988 | See Source »

...many young people do not see it that way. In their view, Washington is already doing too much for aged citizens, a perception that could bring about a serious breach between the generations. Already the emerging power of America's grandparents frightens many of their children and grandchildren. Some experts forecast a costly confrontation, in which embittered young people and embattled older ones fight with the most sophisticated political weapons over ever scarcer resources. In the shorthand of demographers and journalists, the scenario is known as the age wars...

Author: /time Magazine | Title: Living: Grays on The Go | 2/22/1988 | See Source »

...deficit- reduction plan. While many retirees defend Social Security, they are horrified by the legacy of a $2 trillion debt they will leave behind. "The interest on it is about $1,000 a second," says George Toll, 82, of Long Beach, Calif. "That's why I worry about my grandchildren...

Author: /time Magazine | Title: Living: Grays on The Go | 2/22/1988 | See Source »

...Palm Beach--is very strange. There are lots of old people there. Many are paranoid, big-mouthed, incredibly pushy New York Jews. Even worse, their bodily fluids have been dried up from spending too much time lying under the tropical sun and complaining about the havoc other people's grandchildren are wreaking on the shuffleboard equipment, baking their brains into blackened rocks. You get the Picture...

Author: By Eric A. Morris, | Title: Where Old People Bake Their Brains | 1/22/1988 | See Source »

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