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Many space experts fear the report will be ignored, as was an earlier study by a presidential commission led by onetime NASA Administrator Thomas Paine. The neglect, they say, is symptomatic of the nation's current rudderless approach to space exploration, which is ceding leadership to the Soviet Union. Declares Democratic Congressman George Brown Jr., of California, who serves on a House subcommittee on space science: "The fact is that the Administration is not ready to determine the future of the space program...

Author: /time Magazine | Title: Space: Getting Nasa Back on Track | 8/31/1987 | See Source »

...along with those advantages come significant snags that many lenders neglect to advertise. The vast majority of home-equity loans are tied to fluctuations in the prime lending rate, now 8.25%, and can vary enormously in cost as that rate changes. If the prime were to gallop from 8% to 20.5%, as it did between 1978 and 1981, someone now paying 9.75% on a home-equity loan might suddenly have to pay 22.25%. Such a whopping increase is possible because many equity loans lack the so-called caps common to ordinary variable- rate mortgages, which limit interest-rate hikes...

Author: /time Magazine | Title: Home Is Where The Debt Is | 6/8/1987 | See Source »

...course there is, as Talbot quickly discovers. Thanks to the neglect of a drunken officer, the ship is trapped in a sudden squall, "taken aback" in nautical terms, crucial sails shredded and masts splintered. Talbot reacts first not to the danger but to the words used to describe it: "What a language is ours, how diverse, how direct in indirection, how completely, and, as it were, unconsciously metaphorical!" Next, the wounded vessel encounters the Alcyone, another British ship, bound for India and bearing news. The endless war with France is over. Napoleon Bonaparte has been driven into exile...

Author: /time Magazine | Title: Books: The Mercies of Wind and Sea CLOSE QUARTERS | 6/8/1987 | See Source »

...happen. Up to now though, Hart has run a gaffe-free campaign that provides scant fodder for his hungry rivals. Perhaps his only strategic error was to neglect the Iowa battleground for much of 1986. But Hart's Senate record wins Democratic applause, especially his consistent opposition to Reaganomics and his long advocacy of an oil-import fee. Hart's speeches have grown more evocative and thematic; technocratic details are now left to his position papers, which are voluminous enough to satisfy anyone's hunger for beef...

Author: /time Magazine | Title: The Loneliest Long-Distance Runner | 4/27/1987 | See Source »

...Avery-Gold Productions, with help from local radio giant WBCN-FM, the Boston Phoenix, and even MTV--three organizations largely responsible for the promotion of many Boston acts and the neglect of many others-undertook this ambitious if quixotic effort to recognize virtually everyone in every facet of the Boston music scene, in a single evening's ceremony last week...

Author: By Gary L. Susman, | Title: From Grammies to Bammies to Hubbies | 4/18/1987 | See Source »

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