Newswire

Newswire

  • Education

    The University of the District of Columbia, for planning to ask convicted cocaine possessor Marion Barry to teach criminal justice. Barry, who didn't run for re-election last year after his indictment on drug charges, would earn $17,000 for a half-year of teaching. The criminal-justice department is the third UDC slot Barry supporters have tried to secure for the former mayor.
  • The Edge Of The Abyss

    War was drawing near, but congressional solidarity may make Saddam think again ...
  • All In The Family?

    Here's a new one: Saddam Hussein is Joseph Stalin's grandson. That's what the Soviet magazine Sobesednik printed. According to this tall tale, Stalin's son Jakob was taken prisoner by the Nazis during World War II. When the Soviets captured a German general, the Germans offered a prisoner swap, but Stalin refused to trade the general for his son, who died in captivity. This much has been verified. The new twist has Jakob not dying, but escaping the Nazis and making his way down the Continent to the Middle East, where he settled in a small village in Iraq, married a peasant woman and fathered a son the world knows as Saddam Hussein. One hole: Saddam was born in 1937, two years before World War II began.
  • Drop The Kid, Then Shop

    Like any self-respecting 3-year-old, Sean Morgan of Chicago prefers watching Popeye to shopping with his mom. When he heard that a Kids Only Cartoon Theater was coming to the shopping center in nearby Evergreen Park, Ill., he was first in line. Now, a Kids Only veteran, he nonchalantly trades in a brief life history for a bar-coded ID card, and a safety beeper for his mom. Armed with a cup of popcorn, he's ready to catch up with his favorite characters on the big screen. Two hours later his mother, 22-year-old Tracy Morgan, returns and exchanges the beeper for her son. ...
  • Archie Bunker, Alive And Well

    It's been 25 years since the height of the civil-rights revolution, but a new survey on ethnic attitudes reveals that Archie Bunker is alive and well in America. The study, conducted by the National Opinion Research Center at the University of Chicago, asked individuals in 300 U.S. communities to rate blacks, Hispanics, Jews, Asians and whites on several characteristics. The chief finding? Stereotypes die hard. More than three quarters of the respondents say blacks are more likely than whites to "prefer to live off welfare." A majority believes that blacks are more likely to be lazy, violence prone, less intelligent and less patriotic. Hispanics are viewed just as poorly. The most surprising revelation is the degree to which negative stereotypes of minorities cross color lines. Surveyors report that roughly a third of blacks and Hispanics rated their group below whites in intelligence. Tom Smith, associate director of the research center, suggests that may reflect ,'self-hate...
  • The Hardest Judgement Call

    This isn't a time for name-calling. The choice in the gulf is easy only for those who are faking it. ...
  • Saddam Is No Profit Maximizer

    Should it come, the war will not be about cheap oil-but about preventing oil power from being tragically misused. We have not sent nearly 400,000 Americans to the Persian Gulf to defend crude at $18 a barrel. They are there to keep Saddam Hussein from controlling two thirds of global oil reserves and from using that control to blackmail the industrial world and make Iraq a nuclear power. ...
  • Why &Quot;Linkage&Quot; Doesn't Connect

    When Saddam Hussein invaded Kuwait last Aug.2, he said nothing about doing it for the Palestinians. In fact, many Palestinians living in Kuwait fled the onrushing Iraqi troops. But facing worldwide condemnation, Saddam quickly realized that his best chance to divide the opposition was to pose as the champion of the Arab dispossessed. This revived a hardy diplomatic concept called "linkage"-in this case, connecting withdrawal from Kuwait to a commitment to a Mideast peace conference to settle the festering Palestinian problem. Most of the gulf allies have long favored such a conference. Even the United States has embraced the idea, with reservations. But strongly backed by American public opinion (NEWSWEEK Poll, page 21), the alliance refuses to reward Saddam by connecting Kuwait to the larger issues of Mideast peace. By some lights, the best hope for peace is to replace that "link" with a "wink"-an implicit rather than an explicit deal. ...
  • Safe Stash

    Bank-wary New Englanders may not be stuffing their money into their mattresses. But they are stashing it at home-in safes. Since the recent collapse of the Bank of New England, safe companies report sales are booming-running from 10 to 25 percent ahead of last year. Business is especially brisk in Rhode Island, where the governor closed 45 local banks and credit unions. One popular safe is a new digital wall unit with a push-button combination that sells for $200.
  • 'We'll Win, But...'

    America's most decorated living soldier examines the readiness of forces in the gulf and finds field commanders asking: what's the rush?Never has such force been assembled on so small a battlefield. If war comes to the Persian Gulf, more than 1 million soldiers will clash across a front no larger than Massachusetts. A 6,400-square-mile ring of fire will contain 15,000 armored vehicles and 4,000 artillery pieces. In the skies above: 2,500 combat aircraft, including squadrons of B-52 bombers and an array of fighters and fighter-bombers versus French-built Mirage and Soviet MiG fighters. According to military analyst David Evans, who is here covering the war, "it will be the biggest armored battle in history." Combat aircraft will create over Kuwait "a partial eclipse of the sun."But are the allies ready? After spending two weeks in the gulf with old Army colleagues, I have some answers. Last month Lt. Gen. Calvin A. H. Waller, the deputy commander of Operation Desert Shield, raised...
  • M-I-C, K-E-Y, E-I-E-I-O!

    Fans of agricultural aberrations-and who hasn't thrilled at a rutabaga that looks like Harry S. Truman? - may have noticed that farm phantasmagoria has fallen into a rut. Recently Disney acquired two cows with Mickey Mouse markings. Now the company has similar news about a pair of pigs. The Iowa hogs, purchased for an undisclosed sum last week and earmarked, as it were, for exhibit at the theme parks, have a common mother and, of course, the corporate symbol that's all the rage among livestock these days. "A fellow is sending a letter about a horse," says a Disney spokesman.
  • Senate Seats

    With two Senate seats opening in '92, California Democratic strategists plan to have former San Francisco mayor Dianne Feinstein run for the "short seat" vacated by GOP Gov. Pete Wilson. It's short because the winner in a '92 special election against newly named GOP Sen. John Seymour will have to run again in '94. The Dems think Feinstein can raise money for two campaigns. Other contenders, including Rep. Barbara Boxer and former governor Jerry Brown, could bid for the "long" seat being vacated by Sen. Alan Cranston.
  • A Hotline For Tree Huggers

    The capital consultants behind Washington's popular Hotline, a daily news digest for political junkies, will soon begin a computerized Greenwire for the enviro-conscious. Subscribers will get daily excerpts of science and popular magazines, newspapers and the publications of environmental groups such as Greenpeace and the Sierra Club. Aimed at corporations, lobbyists, law firms and the media, the service will cost about $3,000 a year.
  • Is This Just A Recession - Or The 'Big D'?

    Collapsing banks. Panicked consumers. Bleak economic forecasts. The recession of 1991 is starting to look ominously different from the six slow-motion recessions we've had since the end of World War 11. In a single stroke, the fall of the Bank of New England put more assets ($22 billion) into bankruptcy than all 169 of last year's bank crashes combined. And for anyone who remembers the long bank lines of the 1930s, it raises a distressing question: could we be headed for another "Big D" - the first depression in more than 50 years? ...
  • Why Our Banks Are Hurting

    The problems run deeper than the bad loans that sank Bank of New EnglandBank runs were supposed to be a thing of the past. But when word went out Jan. 4 of more dismal results at Bank of New England, anxious depositors lined up, pulling out $1 billion in 48 hours. By the time federal regulators stepped in to put the nation's 2lst largest banking company out of its misery, the bill facing the Federal Deposit Insurance Corporation had mounted to $2.3 billion. How much worse can things get for the banks? FDIC chairman L. William Seidman had little cheer to offer. "So much," he said, "depends on how deep the recession is."The nation's third costliest bank failure increases the likelihood of quick action to refinance the federal insurance fund, which could run out of money by 1992. But bolstering the FDIC will not resolve bankers' long-term problem: finding a way to make money. Bank of New England bet too heavily on New England real estate; fully 37 percent of its loan portfolio...
  • Paper Losses

    The printing presses at the Bureau of Engraving and Printing are running ever faster. But you wouldn't know it from the money supply, which is growing at a snail's pace. The reason: a growing share of America's money has gone abroad. Last year the nation had a $22 billion increase in outstanding notes-50 percent more than the Federal Reserve issued in 1989. Fed officials suspect up to two thirds of the new bills are finding their way to places like Hungary, Argentina and the Philippines, where inflation-weary locals prefer to use dollars.