Table of ContentsTIME magazine masthead Vol. 134, No. 25 DECEMBER 18, 1989 Easier Said Than Done Bush and Gorbachev set ambitious goals at Malta, but they left little time for the hard bargaining still to comeART AND MONEY Making Deals in Poland It's a worthy idea, but Americans find little to build onThe Presidency A Game of One-on-OneAll Fall DownA Cute Number For the Taxman The bill for Nancy Reagan's dresses may come from the IRS Warning: Further -- and Maybe Bigger -- Federal Bailouts Ahead Risky loans and sloppy supervision could lead to crises that dwarf the $300 billion savings and loan fiascoRights for Gay Couples Having a Hell of a Time When Satan takes the stage, audiences wind up with angelic smilesGrapevine If I Had a HammerEeek! A GeekVoting for Blacks Divided Cities Symbols of the Year Grapevine No Pork Barrel Getting the Football SpiritGrapevine American Notes THE NAVY Butt Out, Greenpeace Never Having to Grow Up The latest geriatric jocks are (creak, groan) baseball playersDirty BluesGrapevine Horowitz Contrast Kicking Kitty EAST-WEST Out of Control? As the Communist order unravels at blinding speed, confusion loomsAmerican Notes CHRISTMAS Eau de Skunk For Thieves The Furor over Wearing Furs Assailed by animal rightists, many women face a difficult choiceVindication Of a Hard-Liner Long the prophet of Communism's doom, ZBIGNIEW BRZEZINSKI foresees the end of the U.S.S.R. in its present formENDANGERED EARTH UPDATE NOW WAIT JUST A MINUTE Naysayers dispute the forecasts of doom and gloomAmerican Notes CALIFORNIA The Bishop Picks a Winner Editorial Judgments American Notes MARYLAND Mencken's Musings ENDANGERED EARTH UPDATE LET EARTH HAVE ITS DAY But the biggest demonstration in history should be only the beginningAmerican Notes MIAMI Breaking the Cycle Is the Soviet Union Next to Explode? Gorbachev insists he will not deep-six the party, but he may have no choiceCOVER STORY A Torrent of Dirty Dollars Money laundering is a runaway global industry that serves customers ranging from cocaine cartels to tax-dodging corporationsTHE SWEEP OF CHANGE Life in the Golden Ghetto Money Angles When a House Is Just a HomeShould the U.S. Help Gorbachev?Business Notes COMPUTERS The Elephant Tries to Dance THE PHILIPPINES There Is Always a Next Time Battered and baited by mutineers, Aquino gets tough and reaches for People Power. But she may not be able to act on the lessons gleaned from the latest rebellionOf Time and the River Coming to terms with bravery and tomfooleryWhy Is This Man Smirking? Business Notes LEGISLATION Down with Smellagrams! America Abroad Braking the JuggernautWhat the Future Holds A panel of TIME experts foresees East European instability -- and inevitable German unity in a reshaped ContinentBusiness Notes ADVERTISING Now the Wall's A Billboard Of Time and the River Coming to terms with bravery and tomfooleryTidings of Color and Joy An orchid at the Arctic Circle? A chair carved like a sunflower? A teapot shaped like a bellhop? These beauties to behold can be a gift to give Business Notes SAVINGS AND LOANS Hey, That's Not Me on TV SOUTH AFRICA Probing the Hit Squads De Klerk investigates a rash of apparent assassinations COLOMBIA Noble Battle, Terrible Toll In his offensive against the coke princes, President Barco has dented the drug pipeline but hardly destroyed it. The narcos lash back by terrorizing the innocentOld Masters, New Tricks Italy has become the capital of computerized art restorationBusiness Notes AUTOS O.K., So We're Human ENDANGERED EARTH UPDATE THE FIGHT TO SAVE THE PLANET As concern for the environment grows, and some promising international initiatives take shape, the U.S. must do its shareAmerica Goes Stair Crazy Better machines propel the popularity of step climbingTIME magazine contents page Vol. 134, No. 25 DECEMBER 18, 1989 CANADA The Man Who Hated Women A sick obsession ignites the country's worst mass killingWorld Notes IRAQ Some Deadly New Toys ENDANGERED EARTH UPDATE U.S. AGENDA GOVERNMENT GET GOING, MR. BUSH Rich and profligate, America can spur conservation in countless waysENDANGERED EARTH UPDATE U.S. AGENDA BUSINESSES SCRUB THAT SMOKESTACK Clean, efficient companies can put a shine on their bottom lineWorld Notes TAIWAN Rebuff for the Kuomintang ENDANGERED EARTH UPDATE U.S. AGENDA CONSUMERS IT'S NOT EASY BEING GREEN ''Waste Not, Want Not'' should become the slogan for the ageWorld Notes NICARAGUA A Plague on Both Houses
