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...crucial test of President Reagan's ability to withstand the forces of protectionism. Opponents of the White House's free-trade philosophy had mounted a move in the House of Representatives to override Reagan's veto of a bill to curb imports of textiles and shoes. But when the debate ended last week, the bill's backers fell eight votes short of the two-thirds majority necessary for an override. The final tally: 276 in favor of the proposal, 149 opposed...

Author: /time Magazine | Title: Imports: Free Trade's Narrow Victory | 8/18/1986 | See Source »

...happened so fast. One minute, the long-cherished dream of streamlining and simplifying the cumbersome U.S. tax system seemed moribund, unable to withstand the hordes of lobbyists and influence peddlers arrayed against it. Then, shortly after midnight last Wednesday, the entire Senate Finance Committee was on its feet roundly applauding the chairman, Oregon Republican Bob Packwood. In the committee's offices down the hall, jubilant committee staffers uncorked a case of champagne. In an auditorium downstairs where the deliberations were heard on an intercom, an overflow crowd of lobbyists hissed...

Author: /time Magazine | Title: Wow! Real Tax Reform! | 5/19/1986 | See Source »

...Council. Together with Kuwait, Bahrain, Qatar, Oman and the United Arab Emirates, Saudi Arabia has assembled a 5,000-man force stationed in King Khalid Military City near the border with Kuwait. Built in typically opulent Saudi style, the complex can hold 70,000 troops. But its ability to withstand attack is questionable at best. Says one military analyst: "If the Iranians were not distracted by Iraq, the odds would be heavily in Iran's favor to overwhelm the Gulf Cooperation Council...

Author: /time Magazine | Title: Saudi Arabia Facing a Double-Barreled Gun | 4/21/1986 | See Source »

...majority to take its rightful place in South African political life. The white community possesses not only the sheer strength but the will to keep power; 40 percent of employable Afrikaaners work for the government and thus have a direct stake in upholding apartheid. The South African economy can withstand an economic siege, and plentiful reserves of gold, diamonds, and strategic metals ensure that someone, somewhere, will always do business with Pretoria. Writes John Kane-Berman, director of the Institute of Race Relations and a liberal opponent of the government: "This government is entrenched well into the next century; that...

Author: By Gregory H. Dohi, | Title: `I am full of joy to realize that I never had anything to do with any divestment campaign...' | 4/4/1986 | See Source »

Even as the ordinance was enacted, its supporters voiced doubts whether it would withstand a legal challenge...

Author: NO WRITER ATTRIBUTED | Title: Court Strikes Down Anti-Porn Statute | 2/25/1986 | See Source »

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