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...resort, owned by one family since Woodrow Wilson was in the White House, will be operated by a corporation with the upscale name of Servico, Inc. The new owners, with plans to turn the place into a yuppie paradise, had invited the world to watch them "implode" the Grossinger Playhouse, where innumerable comics, singers and dancers had broken in their acts. Dynamite would knock down the floors and ceilings, leaving only a gaunt wooden frame. Bulldozers would take care of that. From some of the older witnesses, the word oy was repeated sotto voce all morning...

Author: /time Magazine | Title: In New York: in New York: Simon Says Condo | 10/27/1986 | See Source »

...minutes the 1,712 delegates to the annual Labor Party conference in the seaside resort of Blackpool stood and roared an ovation for the man they believe has rescued them from political extinction. From Labor's perspective, the tribute was richly deserved. Neil Kinnock, 44, the copper-haired Welshman with a silver tongue, inherited a divided and demoralized party three years ago. Militant leftists threatened his leadership, and Prime Minister Margaret Thatcher's Conservatives, fresh from a landslide election victory, held a commanding lead in opinion polls. Kinnock has changed all that. At Blackpool he gave a masterly demonstration...

Author: /time Magazine | Title: Britain Folding Up the U.S. Umbrella | 10/13/1986 | See Source »

...amendment consisted of a mere eight words attached to a motion that went on for a full page. But at the annual conference of Britain's Liberal Party last week in the resort city of Eastbourne, those eight words provoked an impassioned three-hour debate, led to a humiliating defeat for Party Leader David Steel and could quite conceivably affect the course of the next general election. By the thin margin of 27 votes, out of a total 1,277 cast, delegates passed a motion calling on Britain to assume a more active role in bolstering NATO, "providing that such...

Author: /time Magazine | Title: Britain Breaking Ranks | 10/6/1986 | See Source »

...brilliant creation of a shared nightmare." A marriage breaks up and a trusted dog suddenly turns on its owners; a teenager's love affair with his Plymouth Fury is totaled when the car is possessed by the vengeful ghost of a previous owner; the caretaker of a vast mountain resort hotel finds himself slowly overtaken by the malevolent spirits envisioned by his little boy; two college students volunteer for a government experiment and become parents of a daughter with a unique gift: she can make things burst into flame with the force of her will. All of these fantasies...

Author: /time Magazine | Title: Books: King of Horror | 10/6/1986 | See Source »

America's allies, who would prefer that the U.S. restrain domestic demand by cutting its budget deficit, jawboned back. European finance ministers and central bankers met on Sept. 21 at the Scottish resort of Gleneagles, and word leaked that the Europeans might intervene to prop up the greenback. The dollar thereupon rebounded...

Author: /time Magazine | Title: Pushing the Greenback Around | 10/6/1986 | See Source »

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