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...Sandinistas raided the government's 40 percent of the nation's assets and high tax revenues to finance its lavish campaign. In contrast, UNO could only draw upon meager funds, as even once-wealthy families had been impoverished by inflation that peaked at 10,000 percent...

Author: By Liam T.A. Ford, | Title: Credit Where Credit Is Due | 3/6/1990 | See Source »

Eager to win official recognition from the Bush Administration, the Sandinista National Liberation Front (F.S.L.N.) has turned up the propaganda noise and ladled out servings from a meager pork barrel. Billboards featuring Ortega nuzzling his daughter Camila, 2, dominate Managua, while the strains of the Sandinista campaign song (and old Beatles hit) All You Need Is Love blare from TVs and radios. The F.S.L.N. has distributed nearly a million toys in a country where playthings are a rarity, and has also handed out 1,000 parcels of land to farmers. Two weeks ago, Ortega pardoned the last of Nicaragua...

Author: /time Magazine | Title: Nicaragua The Odd Couple Plays Managua | 2/26/1990 | See Source »

...Walsh's results, through little fault of his own, are meager. He has spent some $18.5 million, and still employs 17 full-time attorneys and a staff of 51. Yet unlike Watergate, in which 25 individuals went to prison, no one, not even Iran-contra's private contractors Richard Secord and Albert Hakim and the celebrated Lieut. Colonel Oliver North, has served time. In many ways Watergate, a political burglary that mushroomed into a massive cover-up, was less serious than the deliberate defiance of a congressional law, signed by Reagan, and the undermining of a publicly proclaimed policy...

Author: /time Magazine | Title: Return of The Watergate Doctrine | 2/19/1990 | See Source »

...sputtering Rumanian-made Dacia sedans are lurching every which way, horns honking. On the sidewalk, pedestrians slog through ankle-deep mud and slush past an armored personnel carrier, guarded by shivering young soldiers fingering the triggers of their Kalishnikov rifles. At a kiosk nearby, 50 customers jostle for the meager pile of Romania Libera newspapers. Two doors away, a line of more than 100 shoppers shuffles toward a butcher's counter offering only hamburger. "One hour, maybe two, to wait," says a housewife bundled into a shabby parka. "That is, if any is left...

Author: /time Magazine | Title: Rumania Hooray! Traffic Jams at Last | 2/12/1990 | See Source »

...With its meager funds, the FDA is responsible for monitoring 63,000 food firms, 14,000 drug companies, 13,000 medical-device manufacturers and 1,700 cosmetics houses. During the Reagan Administration, cutbacks at the FDA were seen by many probusiness advocates as one important means of unshackling industry. But now, with the number of staffers at the agency down to 7,500 from a 1980 high of 8,100, even business lobbyists are not so sure. "The problems at the FDA stem directly from the deregulatory process," says John Cady, president of the National Food Processors Association. "They just...

Author: /time Magazine | Title: What's The Cure for Burnout? | 12/25/1989 | See Source »

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