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...natural resources and environmental problems. Three years in the making, the 800-page report pulled together statistics and analyses from 13 Government agencies, ranging from the Department of Agriculture to the Central Intelligence Agency. The study painted a starkly pessimistic view of the world two decades from now. Its grim conclusion: "If present trends continue, the world in 2000 will be more crowded, more polluted, less stable ecologically, and more vulnerable to disruption than the world we live...

Author: /time Magazine | Title: Simon Says: A global report is otherworldly | 3/9/1981 | See Source »

Alan Greenspan, an adviser to President Reagan, warns that the S and Ls' weakness could force the Federal Government into a massive bailout of the thrifts. One grim scenario: queasy depositors make a run on the S and Ls, withdrawing their savings and cashing in the $40 billion in uninsured certificates of deposit, which the S and Ls would have to make up through sales of assets or more expensive borrowings. Those S and Ls that cannot make ends meet turn to the Federal Savings and Loan Insurance Corp. (FSLIC), under the supervision of the Federal Home Loan Bank...

Author: /time Magazine | Title: Earthquake Dangers for S and Ls | 3/2/1981 | See Source »

Polanski seems to have a fundamental misunderstanding of Thomas Hardy. Hardy rebelled against the genteel tradition in Victorian literature. His novels describe violence, poverty and, particularly, sexuality with startling candor. He scandalized the literary classes with his disdain for repressive society, his grim mockery of propriety. His works were bold, cynical, and for most of his audience, shocking--not unlike the more familiar work of film director Polanski. Perhaps it was their shared obsessions with the impervious force of Evil, the cruelty of the bourgoisie, and the sudden, unpredictable groin-kicks of Fate that initially attracted Polanski to Hardy...

Author: By Jacob V. Lamar, | Title: Polanski Prettified | 2/27/1981 | See Source »

This dilemma seems to be a preoccupation for Anthony Burgess. A Clockwork Orange, his most famous novel written nearly 20 years ago, involves a furious debate on free will that rages behind the grim plot of a state-financed venture to save the soul of an ultra-violent gangleader. In his latest work, Earthly Powers, Burgess continues this debate through the fictional portrayal of a homosexual author obsessed with the question of human will and its relation to religion. Whereas the earlier book depended on its tersely futuristic narrative and frighteningly gruesome story-line for its remarkable success, the moral...

Author: By Siddhartha Mazumdar, | Title: God's in His Heaven | 2/24/1981 | See Source »

...Britons were quite as unruffled. The country has been stumbling ever deeper into the throes of its worst recession since the soup kitchen days of the 1930s. Unemployment has climbed to its highest mark since the Great Depression: 2.4 million jobless, or 10% of the work force, and the grim predictions are that it could reach a watershed mark of 3 million before the end of the year. As the lines of the jobless have lengthened, businessmen as well as trade unionists have despaired. Interest rates have hit unprecedented levels...

Author: /time Magazine | Title: Britain: Embattled but Unbowed | 2/16/1981 | See Source »

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