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TIME Contributor Jay Cocks, who originally proposed a piece on Byrne and then wrote this week's main story, first heard Byrne's music about ten years ago when he was awakened one night by a mysterious tune playing on a stereo, then discovered that the Manhattan loft he was in was burning down. The song: Byrne's Love Goes to a Building on Fire. Reporter-Researcher Elizabeth Bland, who assisted Cocks with the story, interviewed the musician-director several times in New York City. Bland says her initial fears about Byrne's daunting reserve were dissolved by the singer...

Author: /time Magazine | Title: A Letter From the Publisher: Oct. 27, 1986 | 10/27/1986 | See Source »

...bring in clients. At Shaw's Jewelry and Loan on the eastern edge of Houston's tony River Oaks section, pawnbroker loans are running nearly 20% above last year's pace. The new clients are bringing in everything from a $35,000 bronze statue to state-of- the-art stereo systems. One oil company executive came into Shaw's to get a loan on a helicopter but was turned down because the shop had no place to store the collateral...

Author: /time Magazine | Title: Finance: Please, No Helicopters | 10/27/1986 | See Source »

...technology. The postwar transistor and video generations have grown up accepting the electronic media as legitimate sources of art. The late Pianist Glenn Gould was considered odd when he abandoned the concert hall for the recording studio, but to the rock generation there is little or no difference between stereo loudspeakers and a live performance. The first group of performing artists who have fully integrated technology into their acts have encountered listeners eager to celebrate their message...

Author: /time Magazine | Title: North of Dallas, South of Houston | 10/27/1986 | See Source »

...empowerment of the poor, the author concluded that "the overwhelming majority of benefits...accrued to middle-class households who were given the unique and ethically comfortable opportunity of maximizing their interest by voting to protect the poor from exploitation." He found that expenditures for discretionary goods such as stereo equipment and gourmet food to be unusually high in these communities. Such items were paid for with increased disposable income due to articially low rent...

Author: By William H. Walsh, CAMBRIDGE CITY COUNCILOR | Title: RENT CONTROL: A Reformer's Perspective | 10/18/1986 | See Source »

...reign of rhetorical terror, startling both for its outlandish implications and its general incomprehensibility. First, Bennett took advantage of the student aid controversy to take a swipe at both pro-education and pro-divestment activists, saying that wholesale funding cuts might "require for some students divestiture of certain sorts--stereo divestiture, automobile divestiture, three-weeks-at-the-beach divestiture...

Author: By Robert F. Cunha, | Title: Get on the Wagon | 10/16/1986 | See Source »

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