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...they were voting for. Buried in the 1,000 or more pages were dozens of mysterious provisions inserted by key lawmakers during closed-door committee sessions. Known euphemistically as "rifle shots," they are lucrative tax breaks for legislators' home-state industries and campaign contributors. They will cost the Treasury untold millions in lost revenue. In most cases, the provisions are so artfully worded that not even tax experts or congressional aides can determine for certain which companies or industries will benefit from them. Pending eventual publication of all the fine print, word leaked out on a handful of special favors...

Author: /time Magazine | Title: A Little Help for Some Friends | 11/5/1990 | See Source »

...should temper our gratitude for their decision to pump an extra 2 million bbl. a day. It means another $22 billion or so, plus an $18 billion premium on the 5.4 million bbl. a day they were already pumping. Meanwhile, we are paying for the oil and also paying untold billions to defend their right to pump unmolested...

Author: /time Magazine | Title: The Gulf: Why Are We in Saudi Arabia? | 9/3/1990 | See Source »

Latin America has been a cold war battlefield for more than three decades. That the first breakthrough in resolving regional conflicts during the Bush presidency occurred there is remarkable. The virtually untold story of that success reflects how the two most powerful nations on earth do business. It is a tale of bluff, deception, anger, accusation, threat, candor, misinterpretation, goodwill and, above all, creative diplomacy...

Author: /time Magazine | Title: The Summit: Anger, Bluff - and Cooperation | 6/4/1990 | See Source »

...untold thousands of abandoned or orphaned children, salvation lies in adoption or foster care. Among those who try to find families for these children is a most unlikely outfit: a J.C. Penney store. Last March in New Orleans, for the sixth year, the store made available an unorthodox forum to bring kids and prospective parents together...

Author: /time Magazine | Title: Adoption: Putting Kids On Display | 4/30/1990 | See Source »

...them. We will rule from below." A peaceful transition, he cautioned, required the immediate demobilization of the contras. Warning that "the change of government by no means signifies the end of the revolution," Ortega was deliberately vague about the future role of the 70,000-strong army and the untold number of Interior Ministry security forces...

Author: /time Magazine | Title: After The Revolution: The Sandinistas | 3/12/1990 | See Source »

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