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...accept and act on the uncertain proof that Americans are being held in Southeast Asia, families of the missing raised a dozen-man commando squad of their own-an underfinanced and overaged group of veterans from the Green Berets. Their improbable training center for an operation code-named "Velvet Hammer" was an academy for cheerleaders in Leesburg, Fla., near Orlando. Their leader was retired Lieut. Colonel James ("Bo") Gritz, 42, a former Army public affairs officer who served in Viet Nam and who now works for Hughes Helicopter in Culver City, Calif. Gritz (rhymes with beets) may not have been...

Author: /time Magazine | Title: Daring Mission, Dashed Hopes | 6/1/1981 | See Source »

...former American hostages have picked up their careers and moved ahead with their lives. But the complex deal that won their release four months ago will probably keep lawyers, bankers and diplomats busy for years to come. Last week U.S. and Iranian negotiating teams met in the velvet-lined boardroom of the Palace of Peace in The Hague to; begin carrying out the most controversial feature of that agreement: arbitration of their respective corporate and private financial claims...

Author: /time Magazine | Title: Diplomacy: Opening Gambit | 6/1/1981 | See Source »

Ronald Reagan's velvet steamroller smashed through the Democratic House of Representatives last week, flattening opposition to his radical plan to curtail federal spending. As a result, his even more controversial tax-cut proposals stand a good chance of gaining final congressional approval this summer. The President's victory in the House budget fight was decisive: not a single Republican deserted his party, while 63 Democrats abandoned theirs. That gave Reagan a 77-vote margin in the 253-176 roll call, on which a Reagan-endorsed budget proposal replaced a more moderate cutback recommended by the House Budget...

Author: /time Magazine | Title: Reagan's Big Win | 5/18/1981 | See Source »

Worn out and befuddled, Snaporaz is tucked into bed by two girls in go-go costumes. He hears giggling nearby, and crawls under the bed to investigate. A spin along a velvet-lined roller coaster track treats him to a panorama of his past sexual encounters. At the bottom of the track, in hideous anticipation, wait the women of the convention. They hurl him into a cage and truck him off to his trial. Acquitted of an unknown crime. Snaporaz elects nevertheless to suffer the punishment: revelation of his Ideal Woman...

Author: By Deborah K. Holmes, | Title: Urban Cowboy | 5/7/1981 | See Source »

...from a single volume can reach $30,000, and novelists like Janet Dailey (80 million copies of 57 novels in print) produce eight books a year for a six-figure income. Experience is not necessary. Bestselling Writers Kathleen Wood-iwiss (The Flame and the Flower) and Jude Deveraux (The Velvet Promise) were dis covered in the "slush pile"- the trade term for unsolicited manuscripts...

Author: /time Magazine | Title: Excerpt: From Bedroom to Boardroom | 4/13/1981 | See Source »

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