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...because Baker's reported proposal would fail to cap Israeli growth in the territories, it is being met with a grimace from the Palestinians. Their leadership knows that the current peace talks are the only means by which Palestinians may achieve a measure of self-rule. But any perception that the U.S. will subsidize Israel's settlement plans could lead the Palestinians to drag their feet in the peace process and subject those who favor the talks to criticism from rejectionist Arabs...

Author: /time Magazine | Title: Middle East: Seething over Settlements | 2/3/1992 | See Source »

...Cap residential real estate commissions at 5%, thus adding an instant 1% to the value of every home in America and, at the same time, making real estate sales -- which produce nothing -- a little less attractive relative to teaching, which is where we really want to attract our best people. There's already tacit "price-fixing" among real estate agents -- the standard 6% commission -- so this would just fix the price a little lower. With home prices having consistently outstripped inflation for decades, until recently, real estate commissions were outstripping inflation too. Meanwhile, pay for most other lines of work...

Author: /time Magazine | Title: Money: Angles Let's Get Moving! | 2/3/1992 | See Source »

Before he began to speak, Lee removed hisMalcolm X baseball cap. He also took of his blackleather jacket, which sported the words "MalcolmX" on the back and a patch on the front bearingthe logo of his film company, "40 Acres and aMule." He wore a print shirt, a silverchain andgrey corduroy pants. He slouched...

Author: By Joanna M. Weiss, CRIMSON STAFF WRITER | Title: Prof. Spike Lee Arrives for First Class | 2/1/1992 | See Source »

...three bullet-headed, blue-colored actors move about the stage in eerie, wordless unison. They bang away at kettledrums while squeezing tubes of paint onto the drumheads, creating volcanic eruptions of color. They stuff handfuls of Cap'n Crunch cereal into their mouths, then join in a symphony of amplified chomping. They entice an audience member onstage for a banquet of Twinkies; suddenly cream filling spurts out of their chests. By the end of the evening, with strobe lights flashing and electronic music pulsing, the audience is engulfed by a tidal wave of crepe paper streaming from the balcony...

Author: /time Magazine | Title: Breaking The Jell-O Mold | 1/20/1992 | See Source »

...tech version of the Coke sign that has reigned in various Times Square locations for 75 years, the billboard contains a mile of neon tubing, 60 miles of optical fiber and more than 13,000 incandescent light bulbs. Controlled by a robotic animation system, the giant bottle pops its cap, a straw emerges, and the soda level rises and falls as if King Kong were guzzling it. The optical fiber sparkles to give the appearance of a carbonated brown liquid...

Author: /time Magazine | Title: Advertising: Broadway's Big Bottleneck | 1/13/1992 | See Source »

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