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...When Panama and Nicaragua took their dramatic turns toward democracy with more than a little push from the U.S., President George Bush declared that both needed aid from America to rebuild their economies. But he did not say where he would find the money. As Congress seemed to dawdle over the problem, Bush last week said funds could be diverted from the military. If Congress agrees, this would be the first budgetary dividend from the global moves toward peace...

Author: /time Magazine | Title: Foreign Aid: The First Peace Dividend | 3/26/1990 | See Source »

Calling the aid a "Fund for Democracy," Bush said Nicaragua should get $500 million and Panama $570 million. To pay for it, the Pentagon would postpone projects at Fort Ord, Calif., Fort Knox, Ky., and Fort Hood, Texas, delay repairing the damaged battleship Iowa and use savings from a hiring freeze. Bush said Congress should vote the aid package by April 6. It is expected to do so, but only after enlarging the pot. Since the President has opened the military vault, Congress presumably will look for the extra cash at the Pentagon...

Author: /time Magazine | Title: Foreign Aid: The First Peace Dividend | 3/26/1990 | See Source »

Empire? Even when we do invade, whether it is Normandy or Panama, the first question to arise is always, When do we get out? Luigi Barzini once observed that for America interventionism is often just an expression of "impatient isolationism," wanting to get the job over with and back to, "in the words of Theodore Roosevelt (who deplored it vigorously), 'the soft and easy enjoyment of material comforts...

Author: /time Magazine | Title: Essay: Don't Cash the Peace Dividend | 3/26/1990 | See Source »

...Bush's cautious "stewardship" of the nation is part of the conservatives' problem. He has pleased the right with his rear-guard defense of Reaganomics and delighted it with his invasion of Panama. But he temporizes on many other visceral issues, like China policy and abortion. Little is heard from the White House about school prayer or against the feminist agenda. Says David Keene: "The White House attitude toward the movement is to tickle its belly and hope that it doesn't get too disgruntled in public." With no national leader to serve as either totem or target, the right...

Author: /time Magazine | Title: Can The Right Survive Success? | 3/19/1990 | See Source »

...totally coincidental," it was actually loaded with celebrities and photogenic occasions. Among those Bush met with: the asthma poster child, a group of Shuttlenauts in sleek blue jump suits, the Super Bowl-champion San Francisco 49ers football team and a contingent of uniformed and bemedaled veterans of the Panama invasion...

Author: /time Magazine | Title: Video: Pursuing The Real George Bush | 3/12/1990 | See Source »

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