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...Atlantic to prevail in the Paramount battle. Diller is about to add an additional $500 million or more to his war chest from Cox Enterprises; he already has $2 billion of bank financing on top of a combined $1 billion commitment from Liberty Media and Comcast cable, Liberty's major partner in QVC. Some experts say Bell Atlantic would be making a major strategic mistake if it let Paramount get away. In a world with 500 or more channels competing for viewers' attention, they say, the winners will be those companies that can offer the most attractive programming. The Walt...

Author: /time Magazine | Title: WIRED! | 7/21/2008 | See Source »

...arsenals of last resort dare not go to war against each other. As Stanford Physicist Sidney Drell put it during the TIME conference, mutual assured destruction (MAD) ''is not a policy but a condition.'' There is something almost poetic in the concept: for the first time in history, two major enemies have kept the peace by keeping themselves vulnerable. Not that either is comfortable with that vulnerability. But previous attempts to seek defensive protection from nuclear delivery systems have merely spawned new types of such systems. In the 1950s and '60s, the superpowers threatened each other with bombers and defended...

Author: /time Magazine | Title: GRAND COMPROMISE | 7/21/2008 | See Source »

...opponents, led by Defense Secretary Caspar Weinberger and Richard Perle, have been waging a fierce but largely invisible campaign to put the kibosh on the arms-control agreements of the past lest they provide the basis for new agreements in the future. Last month this faction won a major victory against Shultz and the State Department by persuading Reagan to declare his intent to end American compliance with the offensive limits of SALT II at the end of the year. The next battle could be more important and more intense. Administration hawks are laying the ground for a breakout from...

Author: /time Magazine | Title: GRAND COMPROMISE | 7/21/2008 | See Source »

...sometimes appeared on a radio and TV show with his father Clarence, a former dean of the Notre Dame Law School and a leader of the extreme-right John Birch Society. The program gave him a chance to indicate, among other things, dissatisfaction with the long-accepted notion that major guarantees of the Bill of Rights apply to actions by state governments. Opponents contend this shows disregard for the Constitution. To supporters, such positions represent the possibility of getting a new constitutional interpretation. If Manion is defeated, there could be a domino effect. Waiting in the wings are several other...

Author: /time Magazine | Title: UNMAKING THE APPOINTMENTS The fight is on over Reagan judicial choices | 7/21/2008 | See Source »

...Editors: What to make of New York State Governor Mario Cuomo (NATION, June 2)? A President, I hope. Andrew Corcoran Bradford, Mass. I have never voted for a major political candidate, only against. I hope Cuomo will give me the chance to cast my ballot for someone. Harold Freiman Berkeley Your article paints Cuomo as a man who is deeply influenced by Roman Catholicism. It attributes to the Governor a lifelong fealty to the ideals of St. Thomas More, the statesman-martyr under King Henry VIII in 16th century England. Cuomo's fealty, however, crumbles in a most crucial aspect...

Author: /time Magazine | Title: SIZING UP CUOMO | 7/21/2008 | See Source »

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