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...obvious by dozens of subaqueous movies, one has to wonder why James Cameron, whose Aliens and The Terminator were among the smartest and most frugally made recent entertainments, plunged into the $50 million-plus Abyss. Or, if he was sending his cast on a dive into a bottomless ocean trough, why he didn't at least arrange to have a monster paddle up to meet them...

Author: /time Magazine | Title: Cinema: Water Bomb | 8/14/1989 | See Source »

...short answer: sleeping. Almost 5,000 reporters prowl the nation's capital, and during the Reagan era, many Washington insiders knew what any inquisitive reporter should have known: HUD, with its million-dollar contracts, was a feeding trough. "Everybody who talked about HUD knew there was money to be made," says Republican political consultant David Keene. Despite recurring gossip about payoffs and even some hard evidence, the nation's best TV news organizations, newspapers and newsmagazines -- including TIME -- failed to report the corruption at HUD until last spring, when an internal investigation jump-started the story. The entire episode says...

Author: /time Magazine | Title: Press: Where Were the Media on HUD? | 7/24/1989 | See Source »

That feeling of serenity, though diluted by a variety of concerns, is part of the foundation of Reagan's political trifecta: his re-election in 1984, his personal recovery from the trough of the Iran-contra scandal and his final vindication at the polls last November. Not since the Roosevelt-Truman era has either party won three consecutive presidential elections. Not even the popular Eisenhower had the pleasure of escorting his designated heir to the Capitol...

Author: /time Magazine | Title: Going Home a Winner: Ronald Reagan | 1/23/1989 | See Source »

Bakker and Dortch could receive lengthy prison terms. They were charged with illegally taking some $4 million in bonuses out of the PTL trough. In addition, says the Government, they vastly oversold lifetime "partnerships" that promised lodging at the Grand Hotel and other accommodations at Bakker's Heritage USA theme park in Fort Mill, S.C. In one variation of the scam, some 9,700 hapless "partners" were offered the right to stay regularly in what turned out to be a single bunkhouse with 48 beds. As for the Taggart brothers, they are said to have helped themselves to $1.1 million...

Author: /time Magazine | Title: Religion: Jim Bakker's Crumbling World | 12/19/1988 | See Source »

Born as a low-pressure trough off the coast of Africa, fed by a combination of heat, moisture and atmospheric instability, Gilbert grew in size and force as it moved westward across the Atlantic. On Saturday, Sept. 10, about 225 miles southeast of the Dominican Republic, it was officially designated a hurricane when its winds exceeded the required 74 m.p.h. It sideswiped Puerto Rico, the Dominican Republic and Haiti on Sunday before reaching a raging fury over Jamaica on Monday. In Kingston the sky darkened and turned slate blue, as winds tore into the unprotected tropical island. Streets became rivers...

Author: /time Magazine | Title: It Was No Breeze | 9/26/1988 | See Source »

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