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...combines rumbled through golden Dakota wheatfields last week, all signs pointed to a handsome harvest. The corn belt through Indiana, Illinois and Iowa was a healthy bright green, and soybean fields from Minnesota to Missouri sprouted lush and leafy plants. But bounty is a mixed blessing for American farmers, who are mired in a deepening agricultural depression. "This is the crop of our lives," says Roger Ellison, who farms 400 acres of corn and soybeans 45 miles north of Columbia, Mo. "The sad thing is, there's no price in the market...

Author: /time Magazine | Title: Bountiful Harvest, Bleak Outlook | 6/21/2005 | See Source »

...more than $40 billion worth of these goods, ranging from Dynasty perfume to Mr T guitars. The popularity of corporate logos may have begun with people who proudly sported the brand names of machinery they used, such as farmers who wore International Harvester caps or truck drivers with Peterbilt belt buckles. Anheuser-Busch during the 1970s began to put its Budweiser logo on such souvenirs as dart boards and Frisbees...

Author: /time Magazine | Title: All Wrapped Up in Company Logos | 6/21/2005 | See Source »

...film has a moral, it is, "Don't dream it, be it"--a line O'Brien took from the catalog of the racy couturier Frederick's of Hollywood. For most Rockyphiles it is enough to dress like a Frederick's dream: Dracula makeup, dominatrix corset, your basic black garter belt. The hard-core fans, who mime the dialogue onstage, do more than suit up for the dream; they star in it. And once in a full moon the dream can come true. Ron Maxwell, 22, is a Citibank computer operator by day and one of the Eighth Street's performing...

Author: /time Magazine | Title: Across the Land: The Voice of Rocky Horror | 6/21/2005 | See Source »

Reagan is now clearly the world's pre-eminent leader. He has five successful years as President under his belt. That is too long to dismiss as mere luck. The derisive labels of "amiable dunce" and "the Teflon President" lie shattered and discredited. The open contempt that the likes of Speaker of the House Tip O'Neill had for Reagan's limited grasp of the issues and his lack of understanding about his programs looks irrelevant these days. The endless reports about staff conflicts and personality clashes within the Administration, however true, turn out to be footnotes. The vaunted foreign...

Author: /time Magazine | Title: The Presidency: A Rancher's Thanksgiving | 6/21/2005 | See Source »

...have never heard of, Chiqui (pronounced Chick-ee) Cui, one of the most powerful men in the global economy. The U.S. ran a $162 billion trade deficit with China last year and, as Wal-Mart's top buyer in the country, he is a big part of the transmission belt linking China and the U.S. A gentle-spoken Filipino, Cui, 54, is managing director for Greater China and North Asia in Wal-Mart's global-procurement department. So, for factory owners across China, he is, simply put, the man to see. Every day on the fourth floor at company headquarters...

Author: /time Magazine | Title: Wal-Mart Nation | 6/19/2005 | See Source »

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