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Carey was elected as a reformer in 1991. He was supposed to wipe away the Teamsters' history of corruption, particularly under Jimmy Hoffa, who was jailed as a result of it. Carey's UPS victory may yet help him hold off Hoffa Jr., son of the former Teamsters chief. But depending on his culpability in the fund-raising abuses, Carey's platform as Mr. Clean may not survive. The Teamsters stressed that Quindel found no wrongdoing by Carey. But Hoffa's supporters charged that the Democratic National Committee was mixed up in the scandal, and federal investigators were exploring...

Author: /time Magazine | Title: LABOR: WIN ONE, LOSE ONE | 9/1/1997 | See Source »

...battle to reconcile House and Senate versions should wipe the smiley off his coat. The Senate's budget includes a measure raising the Medicare age from 65 to 67 and charging higher premiums to wealthy recipients; the House bill does not. (Though the Senate's provisions are expected to die quickly, reformers are glad such medicine has finally been proposed.) And though both House and Senate offer $135 billion in tax relief, including cuts in the estate and capital-gains tax as well as a per-child tax credit, the two versions distribute the cuts in different ways. While...

Author: /time Magazine | Title: PUT ON A HAPPY FACE--FOR NOW | 7/7/1997 | See Source »

...minute after midnight on July 1, as the red-and-yellow flag of the People's Republic rises in the glare of artificial rockets, a proud nation will wipe away the stain of shame. President Jiang Zemin himself will preside as the motherland reclaims a piece of itself, instantly replacing the councils and crown symbols of British rule with the new authority of the Hong Kong Special Administrative Region. The Chinese feel that a historic wrong has been righted. It showed in the faces of the elderly pensioners who gathered a few weeks ago in the mainland city of Shenyang...

Author: /time Magazine | Title: HONG KONG: THE BIG HANDOVER | 6/30/1997 | See Source »

...when it resurfaced and resonated with a public made cynical by those twin devils, Vietnam and Watergate. By then too, the Federal Government had grown so large and its concerns so cosmic--what with the space program and a nuclear arsenal that could, if push came to shove, wipe out humankind--that covert interactions with an alien culture might very well seem within the realm of possibility (curiously, the supposedly advanced alien race of Independence Day takes days to wipe out Earth's great cities, when everyone knows we could do the job in a matter of minutes...

Author: /time Magazine | Title: ROSWELL OR BUST | 6/23/1997 | See Source »

Roberts is positively gleeful that he didn't cave in earlier to shareholder pressure to ease some of Comcast's $7.3 billion debt in the face of what seemed to be declining returns and increasing competition. "People thought satellites would come and wipe out cable," says Roberts. "We thought that if we provided good service and lots of channels, and later offered digital service, we would have a whole new business." And it doesn't hurt one bit that Bill Gates has the very same vision...

Author: /time Magazine | Title: BILL GATES' PIPE DREAM | 6/23/1997 | See Source »

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