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...Saturday Night Live appearance. SNL creator Lorne Michaels, who has himself made a lucrative career out of counterculturalism, complained, ''It's very strange that a group that prides itself on representing the underground turns us down because we can't pay them enough.'' Punk, essentially a working-class British genre, never went fully mainstream in happy-face America. But since then the U.S. has become a significant bit more like Britain: the sense of tapped-out, no-hope job anxiety that has settled over this country helps postpunk bands like Nirvana and Pearl Jam sell millions of records. And with...

Author: /time Magazine | Title: SPECTATOR ROCK AND ROLL DEJA VU | 7/21/2008 | See Source »

...development of defensive systems. Indeed, the Soviets have recently begun exploring ways to restrict SDI by reaffirming the ABM treaty of 1972. That approach has considerable promise since it is potentially compatible with Reagan's own public statements on SDI. Largely as a result of the quiet urging of British Prime Minister Margaret Thatcher and Secretary of State George Shultz, Reagan has said repeatedly that SDI is a research program being conducted within the bounds of the ABM treaty. The nub of the American end of an offense-defense deal would be for Reagan to repeat that statement once again...

Author: /time Magazine | Title: GRAND COMPROMISE | 7/21/2008 | See Source »

...Sigue Sigue Sputnik is a British band dedicated to new-wave rock music and what the group's bassist, Tony James, calls designer violence. The group is about to make a major breakthrough: its first LP, Sigue Sigue Sputnik Flaunt It, will be released in July in Britain--complete with commercials. The record has the ambiguous distinction of being the first to hawk wares between the cuts. Eight to ten 20- to 30-second tracks on the EMI record will extol such salables as cellular mobile telephones and fashion and youth magazines. According to Sigue Sigue, each advertising track will...

Author: /time Magazine | Title: BUSINESS NOTES ADVERTISING ROCK 'N' SELL IT | 7/21/2008 | See Source »

...Atlanta, the Police played together for the first time in two years and took the crowd's breath away with Roxanne and Message in a Bottle. In Los Angeles, Live Aid's Bob Geldof, still blissfully unaware that he was about to be named a Knight of the British Empire, made a surprise appearance with Tom Petty & the Heartbreakers. (Don't call him Sir Bob, please. Because he is not British, he'll just be Mr. Geldof, Boomtown Rat, K.B.E.) But at almost every concert the fans belonged to U2, as Bono and The Edge ripped out New Year...

Author: /time Magazine | Title: First-ever rock-'n'-roll caravan for human rights | 7/21/2008 | See Source »

...downward spiral has stopped.'' So said Sally McElwreath, a Trans World Airlines official, as she described faint but encouraging signs last week that the dramatic drop in U.S. tourist travel to Europe had at last bottomed out. Most airlines were reticent about releasing figures, but British Airways reported that bookings, down to a mere 5,000 a week after the U.S. air attack on Libya in April, had risen to more than 60,000, just 3,000 short of the figure for the same week last year. Pan Am's reservations have been increasing 8% to 10% a week...

Author: /time Magazine | Title: INTO THE BREACH U.S. tourists return to Europe | 7/21/2008 | See Source »

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