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...middle class, not genuine Government investment or programs that aid the poor. Obvious targets are farm programs, Social Security and our disproportionate share of the defense of Europe and Japan, which is a subsidy to middle-class foreigners. But merely to list these is to build a monument to hopelessness. That's why, for all the candidates' bluster, salvation will probably come, if at all, on the revenue side...

Author: /time Magazine | Title: Campaign Issues Deficits: Lunchtime Is Over | 10/3/1988 | See Source »

...began as a monument to postwar idealism, but for more than a decade the United Nations has been repeatedly condemned as a cockpit of Third World radicalism and bureaucratic waste. Few critics have been more severe than the U.S., which for the past three years has put a squeeze on the 159-member organization by withholding most of its $215 million annual dues as part of a campaign to force reform. Thus the turnaround could hardly have been more dramatic last week, when the Reagan Administration reversed the policy that had made it the world organization's biggest debtor...

Author: /time Magazine | Title: United Nations Peace on the March | 9/26/1988 | See Source »

...wasn't exactly what Akhmatova had in mind. In the Epilogue to Requiem, she wrote: "And if my country ever should assent/ to casting in my name a monument,/ I should be proud to have my memory graced,/ but only if the monument be placed/ . . . here, where I endured three hundred hours/ in line before the implacable iron bars...

Author: /time Magazine | Title: Soviet Union: Poetic Justice | 9/5/1988 | See Source »

...that Los Angeles has become an immigration gateway that rivals New York City at the turn of the century, Angelenos want a monument like the Statue of Liberty. But nothing so staid as Lady Liberty will do. Instead, plans call for a welcoming monument to be suspended in the air above a freeway, and the five semifinalist designs chosen last week by a blue-ribbon committee were all unconventional, to say the least...

Author: /time Magazine | Title: Los Angeles: Monuments to Wackiness | 8/29/1988 | See Source »

Barry Bingham Sr. barely missed the unveiling of his own monument. After a family tiff prompted him to sell the Louisville Courier-Journal and other media properties in 1986, the former publisher put $2.6 million from the sale into financing what is supposed to be the world's tallest (400 ft.) floating fountain. Its 41 jets will spout 15,800 gal. of Ohio River water every minute in a 20-minute computer-controlled cycle of designs, culminating in the fleur- de-lis, Louisville's official symbol. Tens of thousands gathered Friday night to watch the fountain's spectacular debut. Bingham...

Author: /time Magazine | Title: Louisville: Too Late the Fountain | 8/29/1988 | See Source »

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