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...mess, furnished with little more than a low mattress. The windows were covered by sheets to keep neighbors from seeing in. Pornographic magazines were strewn near the bed. One large hole had been knocked in a wall, with an arrow pointing to it and a puzzling hand-printed message: "Hi. My name is Mr. Williams, and I live in this hole." Also on the wall was another irrational declaration: "I have several children who I'm turning into killers. Wait til they grow...

Author: /time Magazine | Title: The Nation: Sam Told Me To Do It... Sam Is the Devil | 8/22/1977 | See Source »

...been a growing source for grumbling. Last week disagreement with the Administration's foreign economic policy flared again in the wake of two developments: the plunge in the dollar's value to new lows against the West German mark, the Swiss franc and the Japanese yen hi international money markets, and the Government's report of a record monthly foreign trade deficit of $2.82 billion for June. For the first six months of the year, imports outpaced exports by $12.6 billion, and official estimates are that the deficit for all of 1977 could reach an alltime record...

Author: /time Magazine | Title: MONEY: Flare-up at Yawning Gap | 8/8/1977 | See Source »

...letting it be known that the Treasury would not be disturbed if the dollar dropped even further. Last week the dollar hit record lows of 2.2463 West German marks and 264.475 Japanese yen. The effect has been to run up the value of these currencies, thus making imports cheaper hi West Germany and Japan-which has been Blumenthal's goal all along. Says a Treasury spqkes-man: "Let's just say that while we haven't been pushing the dollar down, its drop is not altogether unwelcome either...

Author: /time Magazine | Title: MONEY: Flare-up at Yawning Gap | 8/8/1977 | See Source »

Some observers say Christina seems to be wearying of it all and that Anderson, highly regarded in the industry, will become the real power behind the throne. But Onassis staffers insist that Christina means to stay in charge. She presides at management meetings hi Monte Carlo and often visits Onassis offices in London, Athens and Manhattan. Says Constantino Gratsos, 75, elder statesman of the Onassis enterprises: "Not a single decision of substance gets by without Christina's approval...

Author: /time Magazine | Title: SHIPPING: How Christina's Doing | 8/8/1977 | See Source »

Coover's approach to the Rosenbergs' executions stems from a particularly heavyhanded variety of political satire that flourished in the 1960s: in Paul Krassner's magazine the Realist, for example, and hi Barbara Garson's play MacBird! Political figures, so the paranoia goes, are fair game. It is assumed in this genre that the most scabrous inventions can be brandished publicly and still fall short of the awful truth. Coover handles the rather limited demands of this artless form with ease. Those who are amused by gross fantasy will find much to admire in The Public...

Author: /time Magazine | Title: Books: Uncle Sam Takes On the Phantom | 8/8/1977 | See Source »

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