TIME: Almanac 1995

home *** CD-ROM | disk | FTP | other *** search

/ TIME: Almanac 1995 / TIME Almanac 1995.iso / time / 072792 / 0727550.000 < prev next >

Wrap

Text File | 1994-03-25 | 4.7 KB | 126 lines

<text id=92TT1656> <title> July 27, 1992: Grapevine </title> <history> TIME--The Weekly Newsmagazine--1992 July 27, 1992 The Democrats' New Generation </history> <article> <source>Time Magazine</source> <hdr> GRAPEVINE, Page 15 </hdr><body> By JANICE CASTRO Make Mine State As he basks in the glow of a wildly successful Democratic convention, party chairman RON BROWN is contemplating what to do when his four-year term expires later this year. Friends say he's hoping for a Cabinet post in a Clinton Administration. But which one? A source close to both Brown and Clinton maintains that Brown wants to start at the top, as Secretary of State, though that might be aiming a bit high. Among his possible successors at the D.N.C.: Tony Coelho, the former House whip who resigned from Congress in 1989 amid questions regarding his use of campaign funds, has reportedly been hinting around about the job for months. Here Comes the Stealth Manuscript Booksellers are grinding their teeth over several big Ross Perot books that have been canceled on the eve of publication. But something bigger may be coming soon. PUTNAM is preparing to ship more than 100,000 copies of a supersecret book in late August. The publisher is keeping both the subject and author completely confidential. According to buyers for the major chains, Putnam executives have been whispering that it is a biography of a major Washington official that contains information so explosive it could cause his or her resignation. This has prompted a guessing game within the industry, but Putnam executives say only, "No comment." Border? What Border? When the Association of Southeast Asian Nations meets this week in Manila, VIETNAM will be pleading for support in resisting growing Chinese aggression. Just eight months ago, China and Vietnam normalized relations. Their border was opened. Trade blossomed. Assistance flowed from Beijing. But last month Chinese warships sailed into the South China Sea to renew China's claim to the Spratly Islands, which Vietnam counts as its own. Ignoring Vietnam's complaints, China has sold oil and gas exploration rights in the area to a Denver firm. Meanwhile, Chinese troops have moved border markers deeper into Vietnam, and many Chinese visitors seem determined to stay. To Vietnam, what looked like detente is beginning to feel more and more like subservience. Look for the Union Label Washington warmly welcomed new Israeli Prime Minister YITZHAK RABIN's decision last week to call a temporary halt to new settlements in the West Bank and Gaza Strip. But a major sticking point in U.S.-Israeli relations remains. The White House wants to sell 72 F-15 Eagle bombers to Saudi Arabia. Israel strongly opposes the sale, but McDonnell Douglas and its suppliers have been pressing Bush to let the sale go through. Last week the powerful 800,000-member International Association of Machinists and Aerospace Workers added to the election-year pressure on Bush, insisting that if the $5 billion sale is killed, nearly 40,000 aerospace jobs will be lost. Already facing major losses as defense spending is reduced, the aerospace workers are pressing Bush to save them "from the human scrap heap." Cheating the Big One After last month's big quakes, Los Angeles wine connoisseur Dennis Overstreet realized that the next one might demolish his cellars. Party! Two dozen friends helped him consume a six-liter 1982 Chateau Petrus (value: $9,000). Says he: "And we didn't have to drink it from a sponge." SCORECARD Now that Perot has punted, here's the morning line: WINNERS: -- The Mexican stock market, which rebounded, no longer fearing his opposition to a U.S.-Mexico free-trade pact -- Ed Rollins, for getting out just in time -- All the pundits who said he'd fizzle -- Perot's bank balance and government contracts -- Ron Brown, credited with the strong Democratic Convention that helped persuade Perot to withdraw -- Business as usual LOSERS: -- Millions of loyal Perot volunteers -- Larry King, favorite of the hottest candidate -- Ham Jordan, left holding the bag -- Dana Carvey, who won a sitcom deal partly on the strength of his drop-dead Perot impression -- Private detectives: Perot won't need as many of them anymore -- Molly Ivins, who will no longer be asked to translate Perotisms </body></article> </text>