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...maintained that the Reagan proposals do not go far enough in reducing tax breaks for business. Charles Schultze, who was chief economic adviser to President Carter, took exception to Feldstein's analysis. Said he: "I think the bill probably gives too much attention to stimulating investment in bricks and mortar as opposed to cleaning up a lot of the distortions in the tax code that are slowing the economy...

Author: /time Magazine | Title: Two Cheers for Reagan's Plan | 6/3/1985 | See Source »

...other up to teach the quasiprimitive Borneans some new dance steps, and at another they end up, reports the author, so hung over that "someone seemed to have inserted a pestle into my cerebellum during the night, and was now using the inside top of my skull as a mortar." A native politely informs him, "You got drunks like a man who still lives in his mother's room. You got drunks like a schoolboy. You made noises like a babi when he looks in the ground for foods." Every misstep of the way, O'Hanlon employs a dry, self...

Author: /time Magazine | Title: Books: Greenhorns into the Heart of Borneo | 4/8/1985 | See Source »

Dusk had just fallen last Thursday over Newry, a predominantly Catholic town of 19,000 in County Down. More than 20 police officers of the Royal Ulster Constabulary (R.U.C.) were gathered in their station canteen on Cory Square. At precisely 6:32 p.m., mortar shells soared over nearby houses and crashed through the roof of the wood-frame dining hall, part of the cramped Newry station house. Nine 50-lb. shells were fired from a distance of about 250 yds.; one struck the canteen. The explosions were so powerful that many bodies were mutilated. The final toll: nine killed...

Author: /time Magazine | Title: Northern Ireland Bloody Day | 3/11/1985 | See Source »

...Newry operation--dubbed "Bloody Thursday" by the British press--began when two masked I.R.A. men hijacked a truck. Later, the makeshift mortar tubes were bolted onto the flatbed and the vehicle was then driven into town and parked in a vacant lot close to the R.U.C. station. The nine metal tubes on the truck--each 6 ft. long and 6 in. in diameter--were linked by detonating wires, suggesting to police that they had been fired by timing devices. Despite the apparent sophistication of the weapon, not all the shells found their target. Some fell in front of the station...

Author: /time Magazine | Title: Northern Ireland Bloody Day | 3/11/1985 | See Source »

Peering through the vines and branches that enshroud the ruins, the Colorado team was awed by the handiwork of the ancient craftsmen. Slate-roofed towers jut from the mountainside, the possible burial sites of the elite. Below them are 16 round multistoried buildings constructed of slate, wood and mudlike mortar; many of the structures are decorated with stone carvings of birds, animals, geometric designs and human stick figures capped by feather headdresses. Colorful paint survives on some walls, and large swatches of fabric were found scattered among the burial sites. Terraced fields sculpted into the slope indicate sophisticated agricultural techniques...

Author: /time Magazine | Title: Science: A Lost City Revisited | 2/11/1985 | See Source »

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