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...behavior is finally bringing painful consequences. After years of reckless financial management and a bribery scandal that produced federal charges against three top city officials, South Florida's largest city stands on the edge of bankruptcy, with a $68 million budget shortfall and bonds that have been downgraded to junk. Last week Florida Governor Lawton Chiles declared Miami to be in a "fiscal emergency" and said he would name a financial control board to oversee its finances. This could be the city's last chance to save itself; a grass-roots movement of Miami citizens has gained support...

Author: /time Magazine | Title: GLOOM OVER MIAMI | 12/16/1996 | See Source »

...touring--they don't have a chance to build an audience. MTV also burns out its acts. They take alternative bands and play them to death." Example: semialternative pop-folk singer Sheryl Crow. Videos from her first album, Tuesday Night Music Club, were as inescapable as death, taxes and junk mail on AOL. By the time she released her new album, Sheryl Crow, a lot of people seemed sick of her--sales of her sophomore album have been underwhelming. And it hasn't helped matters that the album's contents are about as inventive as its title...

Author: /time Magazine | Title: MUSIC: WAITING FOR THE NEXT BIG THING | 12/16/1996 | See Source »

...could be accused of the same crimes as I am accusing the paper--focusing on peripheral campaign junk rather than issues--however, The Crimson has a power which I don't have to create and maintain a tone for election coverage--this in itself is an issue I feel is worth time...

Author: NO WRITER ATTRIBUTED | Title: Do Not Follow Lead of Professional Papers in Election Coverage | 12/9/1996 | See Source »

...York City hotel lobby by a man offering $300 for the right to put Mickey Mouse's image on writing tablets. Disney, who needed the money, accepted on the spot. And thus in an altogether offhand manner was born the first officially licensed piece of Mickey Mouse junk...

Author: /time Magazine | Title: 101 MOVIE TIE-INS | 12/2/1996 | See Source »

...Skylab's shower of pieces over the area in 1979 and threatened to overshadow President Clinton's visit to Australia last week. Fortunately, the probe crashed harmlessly in the South Pacific. But don't stop looking up yet: the earth's skies remain heavily laden with space junk. In the next 60 days, the U.S. Space Command estimates, four orbiting objects possibly large enough to survive re-entry will come tumbling down--two rocket bodies (one U.S., one Russian), a Russian payload platform and a Chinese satellite. Don't worry. So far, 16,000 human-made objects have re-entered...

Author: /time Magazine | Title: Notebook: Dec. 2, 1996 | 12/2/1996 | See Source »

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