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Dates: during 1980-1989
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Financial experts are beginning to recognize that Washington will be unable to control drug money unless the U.S. compels offshore financial institutions to make their books "transparent" enough to show the true owners of the money. In the end, the Colombian drug cartels are about to force the world to re-examine the international financial system that has developed haphazardly over the 60 years since the Swiss first popularized secret banking. Countries may not yet be willing to make their banking transactions fully "transparent," but some light must be shed on everyone's books. Says Kerry: "It will take significant...

Author: /time Magazine | Title: A Torrent of Dirty Dollars | 12/18/1989 | See Source »

Gorbachev also contends that the future of well-managed reform depends on the party continuing to run the show, an argument that would surely bring a smile to the face of just deposed East German party leader Egon Krenz. "Preserving the vanguard role for the party, from our point of view, is extremely necessary, especially in the time of perestroika," insists candidate Politburo member Yevgeni Primakov. "The party is the only consolidating force in our society, and in our federation...

Author: /time Magazine | Title: Is The Soviet Union Next to Explode? | 12/18/1989 | See Source »

...Gorbachev "for real"? Let us look again at the editorial page of the New York Times: "One week ago Russia came of age. She allowed her people all the fun and trappings of a real election -- voting not publicly by show of hands but in private in red-curtained booths behind closed doors." Most people would assume that editorial had been written about Gorbachev's Russia in 1989. In fact, it was written about Stalin's Russia in the 1930s. Gorbachev is certainly not a Stalinist, but he is also just as certainly not a Jeffersonian democrat. We should examine...

Author: /time Magazine | Title: Essay: Should the U.S. Help Gorbachev? | 12/18/1989 | See Source »

Animal-rights groups have steadily gathered force. Last month Trans-Species Unlimited, an animal activist organization, staged its fourth annual Fur-Free Friday in 90 cities across the nation. In New York City some 3,000 protesters, led by perennial TV game-show host Bob Barker, marched down Fifth Avenue carrying signs and taunting fur-coat wearers with shouts of "Shame!" Says Barker, who resigned last year as host of the Miss Universe pageant because contestants wore fur: "We want people wearing fur to be embarrassed when they walk into a restaurant. Fur is obscene, fur is cruel...

Author: /time Magazine | Title: Living: The Furor over Wearing Furs | 12/18/1989 | See Source »

...furor has also hit the media. A recent segment of the popular TV series L.A. Law involved a furrier who sued an animal-rights group for ruining his business. The show aired gruesome video clips of animals caught in brutal leg traps. On an upcoming episode of Designing Women, narcissistic Suzanne Sugarbaker is mauled by anti-fur activists. When Atlanta disk jockey Scott Woodside this month mentioned that he had bought his wife a mink coat, listeners deluged his station with calls. The result was an informal poll in which the anti-fur forces carried...

Author: /time Magazine | Title: Living: The Furor over Wearing Furs | 12/18/1989 | See Source »

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