Word: 80s
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Harley-Davidson, one of U.S. industry's inspiring success stories of the '80s, roared from near bankruptcy to market dominance through a combination of Japanese production methods, stiff temporary tariff help and, most visibly, employee involvement in the enterprise. But last year the Milwaukee-based maker of monster motorcycles -- hogs, to their fans -- began pushing for more involvement than some workers wanted. Result: in early February employees at Harley's assembly plant in York, Pa., walked out. Management had proposed, among other things, varying factory employees' pay according to the quality and quantity of their production, while union members wanted...
...ceiling would have to open accounts in several banks. That's just what the Treasury would like, since the rule would dissuade depositors from piling into a struggling institution that was offering impossibly high interest rates in a desperate bid for customers -- as often happened in Texas in the '80s. But the Treasury opened a wide loophole by failing to junk its too-big-to-fail doctrine. Under that policy, which is intended to prevent runs on deposits at large institutions, the government makes good on the entire account -- no matter how sizable -- that a major depositor holds...
...budget action movies will always require a bimbo, a girlfriend. And films with an eye toward Oscar will always need Meryl Streep. But the trend of bigger men in bigger movies will continue as long as the international audience pays to see them. In her one blockbuster of the '80s, Out of Africa, Streep took second billing to Robert Redford. And if industry solons grumble when an Eddie Murphy movie makes only $60 million (Harlem Nights) or $80 million (Another 48 HRS), should they cheer when the Streep- Fisher Postcards hits $40 million...
...lights, Saddam suffered an unprovoked attack, resulting in destruction and humiliation. Ever since then, according to Paul Rogers, senior lecturer in the Department of Peace Studies at the University of Bradford in England, Saddam has lived on notice that he could expect the same treatment again: "In the mid-'80s, Iraq concluded that at some point in the early 1990s it would face an Israeli attack." Israel, Saddam and his advisers decided, would never accept an Iraq with nuclear weapons...
...small irony that many of the countries that condemned Iraq's invasion of Kuwait are the very ones that filled Saddam's arsenal. Moreover, Saudi Arabia and Kuwait provided billions of the dollars that financed his weapons-buying binges. Through the '80s, communist dictators, Arab autocrats, South American generals and Western democrats alike opened their countries' weapons coffers to Saddam. The bills for his spending spree, which built Iraq into the world's fourth-ranking military power, totaled more than $50 billion -- and that figure refers only to sales of conventional weapons. Some $15 billion more went toward the covert...