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Since the Peso devaluation, many journalists have been scrambling to say Ross Perot was not correct when he predicted the perils of the North American Free Trade Agreement. In hindsight, they say, of course, everybody knew that the Mexican peso was overvalued, that the financial reserves were declining and that Mexican imports greatly exceeded exports! Give Ross the credit he deserves; he had the courage to state the obvious when many others closed their eyes during the NAFTA debates...

Author: /time Magazine | Title: Letters , Jan. 30, 1995 | 1/30/1995 | See Source »

...saved by the 1945 bombing of Hiroshima and Nagasaki to 63,000, from several hundred thousand. In addition, it focused on pictures and narrative about the Japanese who suffered and died. Rep. Peter Blute (R-Mass.), one of the congressional critics, said the original exhibit amounted to "a politically correct diatribe on the nuclear age." The Smithsonian's National Air and Space Museum in Washington, D.C., now will simply display the famous bomber's fuselage and show a video of its crew...

Author: /time Magazine | Title: ENOLA GAY . . . SMITHSONIAN FLINCHES | 1/30/1995 | See Source »

...OTTL follows the company's use of the technique or product, and makes sure the royalties the company is paying are correct, according to Brinton...

Author: By Jake Brooks, | Title: Harvard Patent Income Steadily Rising | 1/18/1995 | See Source »

...Supreme Court curtly dismissed his final appeal by a vote of 6 to 3, Justice John Paul Stevens wrote a sharp / dissent. "I find this course of events deeply troubling," he wrote. Stevens said that if the prosecutor's arguments at the trial of Jacobs' sister were correct, "then Jacobs is innocent of capital murder." Said George Kendall of the NAACP Legal Defense Fund: "The state should have reopened his case and, at the least, vacated his death sentence, if not his conviction." Even the Vatican denounced the execution as "not only incredible, but monstrous and absurd...

Author: /time Magazine | Title: Guilty, Innocent, Guilty | 1/16/1995 | See Source »

Brandeis may have been correct that the states are better able to experiment in search of novel public-policy solutions. But most public-policy dilemmas of today do not await novel solutions. They await the simple will to make unpleasant tradeoffs between our desire for government services and our desire not to pay for them. The notion that there is some novel solution out there waiting to be discovered -- one that avoids the need for such trade-offs -- is a childish fantasy...

Author: /time Magazine | Title: The Case Against the States | 1/16/1995 | See Source »

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