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...spent an average of $459,344 to get elected, and of that sum an average of $50,329 came from their own pockets. This "congressional plutocracy" worries Green, who argues that diverse democracy cannot be represented adequately by a "one-class Congress." His solution: using tax money to provide partial financing of congressional campaigns...

Author: /time Magazine | Title: Congress: A Not So Humble House | 10/7/1985 | See Source »

...wishes. Suppose, for example, that liberal and conservative congressmen compromise on a spending bill, while a liberal president is in office. The President will, of course, veto the conservative provisions of the bill but will leave intact the bill's liberal aspects. The resulting law, bearing only partial resemblance to the measure which Congress originally passed, is now unacceptable to the conservatives who voted for it. And since these conservatives would most likely not compose a two-thirds majority, they could not override the item vetoes. Had they known that their favorite items would be vetoed, however, they wouldn...

Author: By Gregory D. Rowe, | Title: Selling Your Soul to the President | 9/30/1985 | See Source »

...clan, young, affluent professionals are partial to particular brands of sneakers (Reebok) and cars (Saab). Recently the group discovered its own mortgage. The 15-year, fixed-rate home loan is favored by married couples in their 30s and 40s who together earn $60,000 or more. Virtually unknown a year ago, this new form of financing now accounts for more than 14% of all loans made by America's largest mortgage bankers...

Author: /time Magazine | Title: Mortgages: Short and Sweet | 9/16/1985 | See Source »

What is the explanation for this murderousness? Why are blacks disproportionately represented as victims and victimizers, as predators and prey? One partial explanation, some experts contend, is the hopelessness that pervades the urban ghetto, which fosters a kind of street-corner nihilism, a feeling that nothing is worth anything. Says James M. Evans Jr., a social worker who organized a workshop last year in Washington on the subject of black-on-black violence: "They believe they have nothing to lose. Even if they should lose their own lives, they feel they will not have lost very much. Besides, why should...

Author: /time Magazine | Title: When Brother Kills Brother | 9/16/1985 | See Source »

...find, with Nixon when he was President, the solutions to some very important issues. I recall still further back in 1961 the meeting between Khrushchev and President Kennedy in Vienna. That was a very difficult time as well. There was the Caribbean crisis, yet in 1963 we saw the partial test-ban treaty. Even though that was again a time of crisis, the two sides and their leaders had enough wisdom and the boldness to take some very important decisions. History is very interesting in that way, when you attempt to draw lessons from...

Author: /time Magazine | Title: An Interview with Mikhail Gorbachev | 9/9/1985 | See Source »

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