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...N.Y.S.E. closes two hours early with a minute change in the Dow (up .33 points, to 1950.76). Pondering the incredible week, Manhattan Investment Banker Felix Rohatyn, a staunch critic of Reagonomics, says he sees a new world in which governments are "held hostage" by the financial markets. He adds, "We really do not know what we've created. It's high tech and it's transnational and more powerful than anything we could ever have imagined...

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

Thornburgh, who worked under Bork in the Justice Department from 1975 to 1977 in the Ford Administration, defended Bork as "a staunch believer in our Constitutional system" and predicted the judge "would be a distinguished member of the Supreme Court...

Author: NO WRITER ATTRIBUTED | Title: IOP's Thornburgh Praises Bork | 9/29/1987 | See Source »

Critics charge that Arroyo has been too protective of the President, blocking access to her, suppressing documents he does not want her to see, and generally insulating her from political and economic realities. His public criticism of the military has alienated the country's top officers, among them such staunch Aquino loyalists as Armed Forces Chief Fidel Ramos. Almost every attempted coup in the past 18 months, including the most recent one, has demanded the ouster of Arroyo as well as that of another outspoken Aquino adviser, Speechwriter Teodoro Locsin. Many military men allege that Arroyo is a Communist...

Author: /time Magazine | Title: The Philippines The Joker Was Not Laughing | 9/21/1987 | See Source »

...would Justice Bork necessarily become the bellwether of an anti-Roe majority. The court still includes four staunch supporters of Roe: Harry Blackmun, the author of the decision, plus Thurgood Marshall, William Brennan and John Paul Stevens. Chief Justice William Rehnquist and Byron White both dissented from Roe and would probably vote against it again. Antonin Scalia is thought to be against abortion. Bork would make four firmly against. But Sandra Day O'Connor is a question mark, and may become the swing vote in any majority. While O'Connor believes the court has gone too far in preventing states...

Author: /time Magazine | Title: Would Roe Go? | 9/21/1987 | See Source »

...certainly not the first time Reagan had disappointed his bedrock constituency. Throughout his presidency, staunch conservatives have sporadically complained that Reagan in action has never matched the ideological oratory that so thrills them on the stump. But as the silent tableau in the Roosevelt Room indicated, their dissatisfaction is plumbing new depths, which could make trouble not only for Reagan but also for the Republican aspirants to succeed...

Author: /time Magazine | Title: No Right-On for Reagan | 9/14/1987 | See Source »

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