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...remain profitable, however, lenders want cardholders to pile up big debts. Consumers who pay off their balances each month are known in the industry's distorted parlance as "deadbeats" because they avoid steep interest charges. GE, which offers its Reward cardholders cash rebates worth as much as 2% of their purchases, put the deadbeats on notice last month with its $25 prompt-payment fee. "If there is not a tremendous consumer backlash," says Susswein, "we will see more companies punish cardholders for paying in full...

Author: /time Magazine | Title: STRINGS ATTACHED | 10/14/1996 | See Source »

...better is one of physiology. When we look down, our eyes seem to close and our chins drop--incidentally, the same pose as a sleeper. Also, since craning one's neck upwards is uncomfortable, professors usually just look at the first few rows in rooms that have a steep slope (and I don't mean the grading curve). On the other hand, if the professor is on a raised stage, it's obvious who's sleeping and who's not. It's about impossible to sleep with you neck raised upwards, and even if you could your eyes would...

Author: NO WRITER ATTRIBUTED | Title: How to Sleep in Class | 10/12/1996 | See Source »

...peace process along. Perhaps, as a senior State Department aide says, "the prospect of international outrage and more, the chance that Israel's economy can be adversely impacted by his head-in-the-sand policies, will cause Netanyahu to see the light." But any learning curve will be steep...

Author: /time Magazine | Title: THE PEACE IN FLAMES | 10/7/1996 | See Source »

...only has the Faculty requested answers about growth in Faculty meetings, an FAS committee released a report last year which detailed a steep rise in the number of "administrative" positions between...

Author: NO WRITER ATTRIBUTED | Title: Carnesale Assails Union Report on Spending | 10/4/1996 | See Source »

...succeeds where England fails. Aristocratic cross-pollination there suffered a steep devolution on the way to Charles and Diana. Bed hopping in country houses was probably never quite as careless or harmless as it seemed. Poor Lord Melbourne (whose biography by David Cecil was J.F.K.'s favorite book) suffered stoically for years while his ardent and unstable wife, Lady Caroline Lamb, made an idiot of herself with Lord Byron and others. But at least Melbourne, Lady Caroline and Byron were more interesting than Charles and Diana. Maybe Bill Clinton belongs to a more vigorous tradition of plebeian friskiness: Tom Jones...

Author: /time Magazine | Title: THE CHEATIN' SIDE OF TOWN | 9/23/1996 | See Source »

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