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...George Bush warned last Tuesday, "no nation can continue to do business the way the Federal Government has been operating and survive," the U.S. is in peril. So it seemed for several tumultuous days in Washington last week. Only two nights after the President's nationally televised address, an angry coalition of right-wing Republicans and liberal Democrats revolted on the floor of the House, overwhelming and sinking a bipartisan plan to rein in the rampaging deficit. The uprising left the government without a budget or the authority to spend money for the fiscal year that began Oct. 1, forcing...

Author: /time Magazine | Title: 1,000 Points of Spite | 10/15/1990 | See Source »

...This peril to the West can be developed until the crowd swirling around the L.S.U. stadium feels that bastion of civilization is rocking on its base -- all from the output of one woman's womb...

Author: /time Magazine | Title: David Duke's Addictive Politics | 10/1/1990 | See Source »

...their readiness to take on the Japanese luxury cars, but their fear is showing. "The Lexus is not a Mercedes, but as a portent of what they are able to do, it is more worrying," says John Evans, a British spokesman for Mercedes. "You ignore the Japanese at your peril...

Author: /time Magazine | Title: New Kid on The Dock | 9/17/1990 | See Source »

...Israelis staunchly backed Cheney's view that it is wiser to dispose of Saddam now than face graver peril doing so later. But the opposing camp, led by National Security Adviser Brent Scowcroft, won out with its admonition against expanding U.S. war aims beyond restoration of the status quo ante. Scowcroft feared that the U.S. might not be able to sustain domestic and international support long enough to remove Saddam from power, which would probably require military action. "Nobody in the world was willing to go to war for that objective before the invasion of Kuwait," said one senior official...

Author: /time Magazine | Title: The Gulf: Pausing at the Rim of the Abyss | 9/10/1990 | See Source »

Neither centuries under Turkish and Austro-Hungarian domination nor more than four decades of communist rule have obliterated the ethnic passions that made the Balkans a synonym for fractious politics. Now, with the communist world crumbling, new instability may follow the glum quiet of the Pax Sovietica. The peril exists side by side with the opportunity for healthy change, but the current political ferment of Eastern Europe is an inherently volatile mix in which old demons -- belligerent nationalism and demagogic populism -- could win out as easily as liberal democracy...

Author: /time Magazine | Title: Yugoslavia The Old Demons Arise | 8/6/1990 | See Source »

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