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Since the Peso devaluation, many journalists have been scrambling to say Ross Perot was not correct when he predicted the perils of the North American Free Trade Agreement. In hindsight, they say, of course, everybody knew that the Mexican peso was overvalued, that the financial reserves were declining and that Mexican imports greatly exceeded exports! Give Ross the credit he deserves; he had the courage to state the obvious when many others closed their eyes during the NAFTA debates...

Author: /time Magazine | Title: Letters , Jan. 30, 1995 | 1/30/1995 | See Source »

Substituting for Larry King one night last week, Ross Perot gently prodded Bob Dole to proclaim his presidential candidacy on CNN. The Senate majority leader did not miss a beat: ``Maybe I should ask you that question. We could both announce it right here, together.'' That genial exchange underscored a vital issue about 1996. A Perot campaign would revive Bill Clinton's prospects while hurting Dole or any other Republican. Even as Perot maintains his tease, his advocacy group, United We Stand America, is seeking to form a new, center-right party...

Author: /time Magazine | Title: IT MAY BE PARTY TIME FOR PEROT | 1/30/1995 | See Source »

Though still in gestation, the party would have the potential to produce independent candidacies for offices at all levels in many states. The new gambit is a dramatic reversal of strategy. Two years ago, Perot overruled a faction in his following that sought to develop a party. Some activists left in frustration...

Author: /time Magazine | Title: IT MAY BE PARTY TIME FOR PEROT | 1/30/1995 | See Source »

...national headquarters in Dallas--began organizing public meetings at the county level, ostensibly to canvass the group's rank and file, as well as anyone else who cares to attend, on whether they think formation of a new party is in the national interest. In spirit, the ploy resembles Perot's 1992 appeal for public guidance on whether to run for President...

Author: /time Magazine | Title: IT MAY BE PARTY TIME FOR PEROT | 1/30/1995 | See Source »

...every voice condemned the major parties as hopelessly out of touch. Agnes James, 58, a real estate agent with five children, promised, ``We will provide a focus for people who are disgusted with their government and unable to express their frustration in other ways.'' For James, and several other Perot followers in New Jersey, the exercise is already real. They are running for the state assembly on the ticket of the New Jersey Conservative Party, an infant group that plans to contest all 80 seats in the lower house this year. If it captures 10% of the popular vote...

Author: /time Magazine | Title: IT MAY BE PARTY TIME FOR PEROT | 1/30/1995 | See Source »

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