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...editorial's opprobrium -- and his role in the controversial White House travel office shake-up last May -- continued to eat away at Foster. According to a top White House official who read the note, Foster bemoaned "the meanness of the editorials in the Wall Street Journal, which has the ability to write whatever they want without consequence." He went on to point out that "no one violated any law or standards in the White House, yet they get accused of doing...

Author: /time Magazine | Title: Shreds Of Evidence | 8/9/1993 | See Source »

Tandy has been swept up in the personal-computer industry's most savage shake-out ever. Squeezed by falling demand on one hand and a destructive price war on the other, PC makers are realizing their worst nightmare: their once exotic, high-technology products have become little more than cheap, interchangeable commodities. Since the PCs all use basically identical hardware, consumers are no longer picky about what brand of computer they buy so long as the price is right. The result: retail prices are falling an average of 8% every three months. A fully loaded IBM PS/1 computer with...

Author: /time Magazine | Title: Crashing Prices | 8/2/1993 | See Source »

...Tokyo with stunning success. Led by IBM, Dell and Compaq, U.S. companies sent shock waves through the Japanese PC establishment by trimming prices up to 30%. While Japanese domestic manufacturers, such as Fujitsu and NEC, have responded with deep discounts of their own, they have been unable to shake off the Americans, much to the delight of Japanese consumers...

Author: /time Magazine | Title: Crashing Prices | 8/2/1993 | See Source »

...course, widely known for his espousal of what he called Art Brut, or "raw art," the work of those untutored and compulsive creators now called "outsider artists." Was he a primitive himself? Of course not: his art is as sophisticated as his writing, and in his apparent desire to shake off the burden of French culture, he was quintessentially French...

Author: /time Magazine | Title: Art: An Outlaw Who Loved Laws | 7/26/1993 | See Source »

Republican advertising, too, has to shake its reactive tendencies. Current NRCC publicity efforts expound on the evils of greater taxation, detailing the harm that tax hikes are likely to cause. But they don't offer an alternative approach, or any indication that the Republican mantra of cutting spending first is achievable. And they don't address the standard Democratic rebuttal: Look what 12 years of lower taxes did to the economy. It's simplistic and misleading, but effective, and the Republicans don't provide a satisfactory response...

Author: By Joanna M. Weiss, | Title: GOP Must Stand For Something | 7/13/1993 | See Source »

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