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Washington's reformers concede that the stock market is still edgy after its collapse. Wall Street showed just how nervous it was when stocks dropped nearly 79 points in the week that George Bush was elected President. "Nobody wants to be blamed for setting off another stock market crash," says...

Author: /time Magazine | Title: Where's the Limit? Ross Johnson and the RJR Nabisco Takeover Battle | 12/5/1988 | See Source »

There is enough new country music around just now to make it seem like a 365-day spring down in Nashville. There is music of anger (Steve Earle) and oddness (Lyle Lovett), music full of craft and winning ways like the tunes on a Randy Travis album. But, with the...

Author: /time Magazine | Title: Music: Rattling The Neighborhood | 12/5/1988 | See Source »

The ghost of the retiring William Proxmire haunted the race in Wisconsin, where Democrat Herbert Kohl turned Proxmire's legendary frugality on its head, yet somehow convinced voters that he most resembled their departing hero. A multimillionaire bachelor, Kohl, 53, spent $5 million of his own money to defeat Susan...

Author: /time Magazine | Title: Seven New Faces | 11/21/1988 | See Source »

At various stages in his career, the President-elect has shown different faces to the world, prompting some observers to wonder just which George Bush will show up for the Inauguration: The moderate, traditional Republican who ran in 1980, or the right-tilting conservative on the stump this year? The...

Author: /time Magazine | Title: What To Expect: The outlook for the Bush years | 11/21/1988 | See Source »

The Spanish conquistadores who fell upon Tenochtitlan, the Aztec capital, in 1520 came to establish the old order in the New World. They came as agents of the King and God. They also came in search of gold, and they came without women. Just as Mexico City was constructed on...

Author: /time Magazine | Title: Journey Along the U.S.-Mexico Border | 10/24/1988 | See Source »

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