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...rolling in like vicious thunder and so are we, floating at speed across the Nevada wastes with a half forgotten sense of purpose burning in our empty stomachs like the remnants of the whisky we had for breakfast--"Pills, pills," one of the Ginsburgs is yelling through the roar of the wind, and he's got a fistful of them, twisting and dancing in the backseat of the Thunderbird convertible, tears of madness streaming down his cheeks and down onto his black pinstripe suit--the law professor, I think, the other Ginsburg--or is it Ginsberg?--Ginsbirg?--homonymous...

Author: By Rutger Fury, | Title: On the Road | 11/10/1987 | See Source »

...Wall Street broker (pre Black Monday) instead of a writer. "Writers are not much affected by scandal," says the author, "but bond salesmen can be ruined." Moreover, the alteration meant that Wolfe had to study the breed in its habitat, to examine its plumage, to listen to the roar of "well-educated young white men baying for money." In short, New Journalism shares much with the traditional novel of manners and society. "Realism is a plateau from which literature cannot back down," says Wolfe, acknowledging his debt to Balzac, Thackeray, Dickens and Evelyn Waugh...

Author: /time Magazine | Title: Books: The Haves and the Have-Mores THE BONFIRE OF THE VANITIES by Tom Wolfe; Farrar, Straus & Giroux; 659 pages; $19.95 | 11/9/1987 | See Source »

Reagan, shouting over the roar of a helicopter's blades on the White House grounds, insists, "I don't think anyone should panic because all the economic indicators are solid...

Author: /time Magazine | Title: The Crash: A Shock Felt Round the World | 11/2/1987 | See Source »

...country could live beyond its means indefinitely. The initial Reagan years, with their aura of tinseled optimism, had restored the nation's tattered pride and the lost sense that leadership was possible in the presidency. But he stayed a term too long. As he shouted befuddled Hooverisms over the roar of his helicopter last week or doddered precariously through his press conference, Reagan appeared embarrassingly irrelevant to a reality that he could scarcely comprehend. Stripped of his ability to create economic illusions, stripped of his chance to play host to Mikhail Gorbachev, he elicited the unnerving suspicion that...

Author: /time Magazine | Title: The Crash: After The Fall | 11/2/1987 | See Source »

...first the President gave no sign that he did. He spoke only in comments shouted to reporters over the roar of helicopter rotors on the White House lawn and in brief formal remarks issued through his spokesman, Marlin Fitzwater. On Black Monday, he blithely attributed the crash to "some people grabbing profits" accumulated during the market's long rise. In a statement after the close of trading, he said that "the underlying economy remains sound" -- unwittingly drawing another parallel to 1929, when Herbert Hoover said almost exactly the same thing. On Wednesday, Reagan remarked that the midweek rally indicated...

Author: /time Magazine | Title: The Crash: Panic Grips The Globe | 11/2/1987 | See Source »

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