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...dollar less than what Detroit's Big Three pay, and VW workers insist on catching up. In sum, the VW workers want at least $10 an hour by 1981. The walkout is the latest sign that labor leaders' clout with their membership is waning - an ominous portent for next year's heavy calendar of union bargaining. The VW strike is also unsettling other foreign firms that are thinking of starting plants in the U.S., notably Japan's automaking Toyota, Nissan (Datsun) and Honda. Says one Japanese automan: "If U.S. workers ask to get even with General...

Author: /time Magazine | Title: Business: Scary Strike | 10/23/1978 | See Source »

...Congress, agitation for reconsideration of the draft is growing--often instigated by Congressmen, such as Rep. Joseph P. Adabbo (D-N.Y.), who five years ago were on the other side of the fence. Even more significant, however, is the apparent eagerness of many students to accept a second portent of a growing militarism: for as most major newspapers have formed the habit of noting. Reserve Officer Training Corps (ROTC) programs, and other military-funded scholarship plans, are experiencing a renaissance at a number of major campuses. The reason seems fairly clear. Perhaps at Harvard, where post-graduate work...

Author: By Francis J. Connolly, | Title: Gamesmanship | 5/10/1978 | See Source »

...somehow it worked, back in the early days of talking pictures, and damned if it does not look like it is going to work again, in a supposedly more sophisticated age. The ultimate triumph of special effects over common sense? A weird sexual charge, heavy in portent, reassuringly innocent in presentation? A comic strip rendering of a myth dredged up out of the collective unconscious and splashed so boldly on the screen that the audience is awed into acceptance by its sheer audacity? Or is it, finally, just an act of primal showmanship, a Barnum-like invitation to admit...

Author: /time Magazine | Title: HERE COMES KING KONG | 10/25/1976 | See Source »

Compatriot--it sounded so musical yet so forlorn. I shrink from recalling that greeting because it hangs in my memory like a portent of betrayal. I hope it really meant that hope is possible. Already the man had culled suspicion in a stolidly bourgeois farming couple as he pressed for workers' movements, and in a spurt of desperation and elation, invoked Che Guevara's name. I guess he'll learn...

Author: By Anemona Hartocollis, | Title: Trapped in Perpetual Transit | 9/27/1976 | See Source »

...containing inflation on a worldwide basis, whatever carrots and sticks may be used? Few of the bankers were optimistic. Franz Ulrich, chairman of the Deutsche Bank A.G. of Düsseldorf, pointed to a 16% rise in world commodity prices from last year's lows as a portent of things to come. Irving Friedman, Senior Vice President of Citibank, argued that modern inflation has been high and persistent because of fundamental changes in societies around the world, which have increased the demand for goods and services far beyond the ability of the world economy to supply. Governments, Friedman said...

Author: /time Magazine | Title: MONEY: Hard U.S. Line for the Summit | 6/28/1976 | See Source »

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