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Ending import curbs would threaten the auto companies' high-octane recovery. Sales of U.S.-built cars surged 36% in the last ten days of April, and the industry expects a record $10 billion profit this year. It is in this atmosphere that Detroit paid out a grand total of $314 million in bonuses for 1983. General Motors paid bonuses that averaged $31,289 to 5,807 executives, while Ford gave an average of $13,372 to 6,035 managers. If shareholders agree, Chrysler plans bonuses that average $35,222 for 1,465 executives. Says Ford Chairman Philip Caldwell...

Author: /time Magazine | Title: Early Warning | 5/14/1984 | See Source »

...U.S.S.R. We threaten no nation. America's troops are not massed on China's borders, and we occupy no lands. Nor do we commit wanton acts, such as shooting 269 innocent people out of the sky for the so-called cause of sacred airspace. America and China both condemn military expansionism-the brutal occupation of Afghanistan, the crushing of Kampuchea [Cambodia...

Author: /time Magazine | Title: Deleted: 17 segments of Reagans speech in China | 5/7/1984 | See Source »

There is the Jesse Jackson that many whites distrust and some even fear. He is the former black radical, the civil rights leader who threatened white businessmen with economic boycotts, the presidential candidate who called Jews "Hymie" and New York City " Hymietown." In his shadow, neither embraced nor disavowed, stands Minister Louis Farrakhan, leader of the Nation of Islam, a Black Muslim sect, who has praised Hitler and seemed to threaten a black reporter with death...

Author: /time Magazine | Title: Pride and Prejudice | 5/7/1984 | See Source »

Meanwhile, offensive weapons are proliferating on both sides, and the prospect for limits any time soon, to say nothing of reductions, is bleak. That makes today the worst possible time for the superpowers to carry their competition into space-or even to threaten...

Author: /time Magazine | Title: Essay: The Case Against Star Wars Weapons | 5/7/1984 | See Source »

...educated thinkers threaten the government with their novel ideas, the uneducated peasants alarm it with their abiding devotion to superstition. Last spring the official press reported a chilling revival of gruesome rural rituals. Fathers were burning their families to death in the belief that they would thus earn a short cut to heaven; charlatans were posing as "emperors" in order to win sexual favors from credulous country women. An epidemic of public rites of exorcism led to a series of grisly deaths. In one notorious incident, Party Member Liu Wenxue enlisted a self-styled witch to exorcise his wife...

Author: /time Magazine | Title: China: Capitalism in the Making | 4/30/1984 | See Source »

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