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...Reagan!" somebody yelled outside. "Why a royal party on a movie set?" Said she, smiling: "Why not?" Especially when the place was lent by Fox Owner Marvin Davis, a Reagan contributor, and the dinner was underwritten by eight conservative California tycoons, including Reagan Patron Holmes Tuttle and Union Bank Chairman John Heidt. "We're doing it," said Heidt, "because we want it to be a private-enterprise situation." The menu was Reagan's favorite food from his favorite Los Angeles restaurant: Chasen's chicken pot pie and "snowballs," ice cream rolled in toasted coconut and covered with...

Author: /time Magazine | Title: The Queen Makes A Royal Splash | 3/14/1983 | See Source »

...that he has much to show off about any more. He has failed, miserably, to follow the Success Recipe for Innovators. First, think up a novel idea or approach. Then play it so obnoxiously that people are forced to pay attention. When they have lent at least an ear, introduce more novelty. If you can't think up anything new, get drunk with Brian Eno and find out his ideas. Adam Ant started out on the right track with his first two American albums, Kings of the Wild Frontier and Prince Charming. On the new disk, however, he slits...

Author: By Naomi L. Pierce, | Title: Hardcore Curriculum | 2/24/1983 | See Source »

...they argue, would have to be borrowed in American credit markets, adding to the upward pressure on interest rates at a time when Treasury borrowings are already ballooning to finance record budget deficits. Opponents also see increased lending as little more than a sophisticated bailout for U.S. banks that lent billions of dollars, recklessly in the eyes of critics, to Third World governments and businesses. With prices of many commodities produced in developing countries depressed, those loans have become an enormous problem...

Author: /time Magazine | Title: A $97 Billion Bailout Fund | 2/21/1983 | See Source »

...Taiwanese relations are too important to be jeopardized by ties with the mainland. They argue that the communists are erratic and untrustworthy--too unreliable to be allies. Yet such an attitude neglects the weight good Sino-American relations have already had in world affairs--such as the force China lent to world outcry against the Soviet invasion of Afghanistan. In addition, denigrating the importance of mainland China ignored the possibility that its natural resources and fairly well-controlled masses could propel it to a position of world power...

Author: By Douglas S. Selin, | Title: The China Hype | 2/14/1983 | See Source »

...plausibility of this film with a wonderfully implausible premise owes much to its richly realized background. Hoffman lent it some of his autobiography: a young actor struggling to be serious in the alternately flighty and tough world of show biz. Michael Dorsey is the kind of fellow who overthinks the role of a tomato on a commercial and quits an off-Broadway show because he does not want his character to die where the director wants him to. He is, as his agent (wonderfully played by Director Pollack) tells him, "a cult failure." Michael's friends include his playwright...

Author: /time Magazine | Title: Show Business: Tootsie on a Roll to the Top | 12/20/1982 | See Source »

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