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...would-be refugees at sea and sending them back as "racist" and a signal that American leaders "don't care." Six members of Congress got themselves arrested on the White House lawn for protesting the refugee policy. The Administration had earlier said it would ask the U.N. to tighten the embargo. And it allowed some 400 Haitian fugitives to land in Florida -- though officials insisted this was a special case, not a reversal of policy. Washington has started looking for a new special envoy to replace Lawrence Pezzullo, whom Aristide's backers distrust. None of these moves was likely either...

Author: /time Magazine | Title: Dropping the Ball? | 5/2/1994 | See Source »

While some panicky traders took the rate hike as a signal that the bull market might be over, other Wall Street watchers shrugged off such fears. "The market overreacted," asserted Edward Yardeni, chief economist for the investment firm C.J. Lawrence. "It's better for the Fed to tighten a little bit now rather than a lot later." Yet worried traders and investors remained shaken. Said Stan Weinstein, a stock market analyst and newsletter publisher in Hollywood, Florida: "The market is going to be awfully nervous next week...

Author: /time Magazine | Title: Double Whammy | 2/14/1994 | See Source »

...being hyper-credulous simps. His first two tactics for system beating, his Vague Generalities and Artful Equivocations, seem to presume the latter, and are only going to convince Crimson-reading graders (there are a few and we tell our friends) that the time has come to tighten the screws just a bit more...

Author: NO WRITER ATTRIBUTED | Title: A Grader's Reply | 1/19/1994 | See Source »

Treasury Secretary Lloyd Bentsen presented a plan that would raise the fee for a gun dealer's license from $66 to $600 (just last year the fee was only $10). Bentsen says he hopes the increase would prevent 70% of license renewals. The proposal would also tighten regulations for gun dealers who fail to keep proper records of their sales...

Author: /time Magazine | Title: The Week January 2-8 | 1/17/1994 | See Source »

After the October showdown, the Kremlin tinkered with the draft to tighten central control over Russia's 89 regions and autonomous republics. Federal laws are given precedence over local legislative acts, and natural resources are subject to joint federal and local control. Anticipating trouble in the hinterlands, which have exploited tensions in Moscow to go their own way, last week Kremlin advisers bluntly told local leaders in the ethnic republics of Tatarstan, Bashkortostan, Tuva and Kalmykia to refrain from "irresponsible remarks," hinting that the Kremlin might take measures to bring them into line...

Author: /time Magazine | Title: What Would Lenin Say? | 12/20/1993 | See Source »

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