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White and delicate, high tech yet oddly primitive, the plane looks like some elegant insect or a sleek, latter-day pterodactyl. With her reedlike central wing slicing across three slender cylinders, she might have been designed by an austere modern sculptor rather than an aeronautical engineer. In an age of space travel and supersonic flight, her mission is a throwback to a different kind of odyssey: to fly not faster, but longer. Not higher, but farther. Voyager is a flight of fancy, of quaint possibility...

Author: /time Magazine | Title: Flight of Fancy | 12/29/1986 | See Source »

...fires a bullet, we have to fill out a pile of papers." Colleagues quip that North's real power comes from two office computers hooked into the major U.S. intelligence-gathering agencies, and from a secure telephone line that he uses for classified conversations. For his own protection, the slender officer is rarely photographed or quoted in news accounts. "He is there to serve the President, and that is it," a colleague says...

Author: /time Magazine | Title: Washington's Cowboys | 11/17/1986 | See Source »

...rhetoric may be overheated, but the stakes are indeed high. Of 34 Senate seats up for grabs, Republicans now hold 22. No fewer than 15 belong to members of the class of '80, many of them inexperienced politicians who won by slender margins. While most of their seats are fairly secure, a highly vulnerable half a dozen or so have been specially targeted by the Democrats. If the Democrats cannot reclaim a majority this year, with only twelve of their seats on the line, the Republicans will have an excellent chance to cement control in 1988, when fewer G.O.P. Senators...

Author: /time Magazine | Title: Can the Democrats Recapture the Senate? | 10/6/1986 | See Source »

Giacalone, a slender woman with a wide and warm smile, has built a reputation as a relentlessly thorough prosecutor who works long hours. She likes solving intellectual puzzles; to assemble her cases, she has used masses of records and files that go back for 18 years, records that other prosecutors did not think worth the time. "Blind alleys disappoint some people," she says. "But I like them. You find many interesting doors on both sides as you walk down a blind alley." In 1985 she sent the Justice Department a 100-page memo outlining how Gotti and the others could...

Author: /time Magazine | Title: Two From the Neighborhood | 9/29/1986 | See Source »

...reform bill will reverse a 3 1/2decade trend in which businesses have been anteing up an increasingly slender share of the federal tax burden. From a postwar high of 34% in the early 1950s, the corporate contribution to the tax total dwindled to just 8.4% last year. It should now rise to about 13%. Yet the elimination of various loopholes will still allow the maximum tax rate for business to come down from 46% to 34%, enabling the companies that now pay the highest taxes to get substantial relief...

Author: /time Magazine | Title: Trading Breaks for Lower Rates | 8/25/1986 | See Source »

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