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...Students Against War in the Middle East think that Texaco executives and American automobile owners are the only people who owe their livelhood to the flow of oil, they are tragically mistaken. Every dollar added to the price of oil means billions of dollars of foreign exchange lost by oil-importing Third World nations and the struggling democracies of Eastern Europe. Oil can only be purchased in hard currency, a frightfully scarce resource in all of these countries...

Author: By John A. Cloud, | Title: Saddam, You're No Ho Chi Minh | 12/15/1990 | See Source »

...most rapidly growing of these free, confessional meetings. Addiction is a big industry these days, with expensive treatment programs, seminars, books, magazines and, yes, even "sobriety vacations." Flinty Americans may find this new commercialism discomfiting, but many anguished souls have found their salvation in 12-step programs, which owe a debt to Alcoholics Anonymous, the novel effort by two heavy drinkers who, in 1935, learned to stay sober -- one day at a time -- and pioneered a new philosophy...

Author: /time Magazine | Title: MELODY BEATTIE: Taking Care of Herself | 12/10/1990 | See Source »

...what will the president do when he (or, there is a chance, she) is not moving in these exalted circles? To whom, really, does the University owe a duty of stewardship over the money raised and over the billions already in the endowment...

Author: By Donald M. Solomon, | Title: Social Responsibility Should Be Top Priority | 12/6/1990 | See Source »

...Richard Lehmann, head of the Bond Investors Association: "Companies are writing checks but waiting for creditors to call and ask for payments before mailing them." But that doesn't mean that corporations are any more understanding of their own customers. They are stepping up their pressure on businesses that owe them money...

Author: /time Magazine | Title: Carry That Weight | 11/19/1990 | See Source »

...Bush blamed the Democrat-controlled Congress for dragging the economy to the edge of recession. He snarled that Congress had "turned its back on our police officers." Later he boasted that Republicans had "held the line against reckless cuts of our armed forces" sought by Democrats, adding that "we owe that much to our men and women in the Persian Gulf...

Author: /time Magazine | Title: Plain Squeaking | 11/12/1990 | See Source »

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