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...last episode, you'll recall, there was a tremendous wringing of hands when Congress refused in mid-November to extend the official $4.9 trillion debt limit, a tactic designed to force the President to approve its budget. Yet markets remained unruffled, knowing that Treasury Secretary Robert Rubin had internal bookkeeping changes up his sleeve that could lower our "official" debt and let Uncle Sam keep paying the bills. What Rubin has done to date--mostly shifting civil service pension money to accounts that aren't constrained by the debt limit--should take the government through mid-February. Such short-term...

Author: /time Magazine | Title: HERE COMES DEFAULT LANE | 1/22/1996 | See Source »

...first time resorted to suicide attacks in the fight against Israel. An electrical-engineering graduate of the West Bank's Bir Zeit University, Ayyash allegedly built the device used in the initial blast, at a West Bank diner popular with Israeli soldiers. For the next three years, the tactic was used repeatedly, causing the deaths of 77 victims and the wounding of more than 300 others. Israeli authorities believe Ayyash personally built the bombs that killed 35 of them and trained another bombmaker whose work claimed 10 more victims. Israeli officials say the Engineer oversaw many logistics of the attacks...

Author: /time Magazine | Title: ISRAEL: DEATH COMES CALLING | 1/15/1996 | See Source »

...dealing were intertwined. "It's relatively hard for a uniformed patrolman to catch someone carrying drugs,'' Maple says. "But as we'd seen, it's easy to catch someone for an open can of beer on the street." Thus what the cops call "beer and piss patrol" became a tactic for apprehending more serious criminals. "Your open beer lets me check your ID," says Maple. "Now I can radio the precinct for outstanding warrants or parole violations. Maybe I bump against that bulge in your belt; with probable cause, I can frisk you." Civil libertarians have been screaming, but shootings...

Author: /time Magazine | Title: ONE GOOD APPLE | 1/15/1996 | See Source »

...very dirty tactic but effective. At that point, I really felt there was nothing I could do. I felt I wouldn't give up my academic career for a cause, even though it's an extremely important cause," he said

Author: NO WRITER ATTRIBUTED | Title: Yale Draws Line in Sand for TAs | 1/8/1996 | See Source »

...agree that the meeting was still privileged, and other Whitewater investigative bodies must agree to the terms. "This offer is reasonable," notes TIME's J.F.O. McAllister, "since it's impossible to argue there's no privilege between the President and his attorneys. It's also a wise tactic politically since complying with it will delay the investigation." But Senator Al D'Amato, the committee chairman, clearly preferred a court fight: "It's good politics to keep this issue churning, especially given Newt Gingrich's recent problems...

Author: /time Magazine | Title: WARRING OVER WHITEWATER | 12/14/1995 | See Source »

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