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...veteran who thinks so. Charlie Sheen traded his M-16 for an M.B.A. to play an overeager stockbroker named Bud Fox. The actor found the white-collar trenches of Gotham "much worse. When you get this overloaded mentality, it's tough to find ways to relax yourself. It's tougher than being a grunt...

Author: /time Magazine | Title: In The Trenches of Wall Street | 7/20/1987 | See Source »

...ideal of fairness is one that few Americans would quarrel with. A tougher constitutional question, however, is whether such fairness ought to be mandated by the Government or whether that violates a broadcaster's First Amendment rights. In early June the House and Senate, by wide margins, passed a measure that would codify the fairness doctrine into statute law. But the bill was vetoed by President Reagan, who called the doctrine "antagonistic to the freedom of expression guaranteed by the First Amendment." Efforts to override the veto were abandoned last week, and the deregulation-minded FCC may soon be free...

Author: /time Magazine | Title: VIDEO Crying Foul over Fairness | 7/6/1987 | See Source »

Consumer groups are starting to lobby for tougher legislative restrictions on the loans, including interest-rate caps and more truth in advertising. A spokesman for the American Bankers Association, a lobbying group, responds that "it's not in the banks' interest to fool or abuse their customers." Lenders point out that so far the 30-day delinquency rate on home-equity loans is only .74%, compared with 3.47% for traditional mortgages...

Author: /time Magazine | Title: Home Is Where The Debt Is | 6/8/1987 | See Source »

...promised to make tough points and ask even tougher questions. For their part, his Soviet hosts had made it clear that they held him accountable for "frictions" in Franco-Soviet relations. Thus it came as no surprise last week that French Premier Jacques Chirac's visit to Moscow got off to a sharply contentious start...

Author: /time Magazine | Title: Diplomacy Zeroing In On Moscow | 5/25/1987 | See Source »

...retreat from democratic reform presents a dilemma. Some Washington officials claim that the U.S. is unwilling to punish South Korea's political abuses because any action might weaken the country militarily or economically. Yet other observers of U.S. foreign policy are seriously wondering whether Washington's failure to take tougher stands against South Korea's government might itself be contributing to the country's underlying problem. Says Democratic Congressman Stephen Solarz, chairman of the Asian and Pacific Affairs Subcommittee: "The people of South Korea should know that we Americans don't countenance the continued denial of democracy...

Author: /time Magazine | Title: South Korea A Volcano of Unrest | 5/25/1987 | See Source »

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