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...believe that the Iranian regime of Ayatullah Ruhollah Khomeini may have learned the costly lesson of its massive, suicidal assaults. In response, Iran has adopted a new strategy of long-term attrition, undertaking only intermittent and limited offensives. The question then becomes: Which government is better able to absorb the continued carnage of a sustained struggle? Many analysts feel that the odds at the moment slightly favor Iran. Says a U.S. official: "The Iranians are still willing to go out and die in this war, but the Iraqis don't have the heart for it any more...

Author: /time Magazine | Title: Persian Gulf: A Costly, Bloody Stalemate | 11/29/1982 | See Source »

...name. Many of the bishops who participated in last week's debate freely admit that Vatican II was a turning point in their lives. Said St. Paul's Roach: "It was really the mind and spirit of the council that I have tried to assimilate and absorb...

Author: /time Magazine | Title: Bishops and the Bomb | 11/29/1982 | See Source »

...horrified inner fears of blacks, homosexuals and, possibly, women. Raised to consciousness, these fears are exorcised. It is a quest for identity based on Joseph Conrad's admonition: "In the destructive element immerse. That is the way." The way to what? Quite probably, the way to understand and absorb the dark tenor and temper of the age, the kind of visceral awareness of anarchy that William Butler Yeats had in mind when he wrote, "The blood-dimmed tide is loosed, and everywhere/ The ceremony of innocence is drowned." Mamet's problem in Edmond is that his intuitional reach...

Author: /time Magazine | Title: Theater: I Hate New York | 11/8/1982 | See Source »

...once offering Rooney as both high-brow humorist and purveyor of driveling banalities. Like his television pieces, many of Rooney's columns can't be taken more than a few minutes at a time. There's a limit to how many little mysteries of daily life one can absorb in a sitting or two. Essays entitled "Glue," "Hangers," and "Pennies" lose some of their off beat charm when they follow the likes of "Bathtubs." "The Refrigerator," and "Donuts...

Author: NO WRITER ATTRIBUTED | Title: Simple Pleasures | 11/4/1982 | See Source »

...market showed an amazing capacity to absorb bad news. Before trading opened on Thursday, Manville Corp., the largest U.S. asbestos producer, unexpectedly announced that it would reorganize under the protection of the federal bankruptcy laws. Manville's business operations are still sound, but the company has been overwhelmed by lawsuits from thousands of people claiming to have suffered serious health problems because of exposure to asbestos. Even though Manville stock was one of 30 that make up the Dow Jones industrial average, the market shrugged off the firm's troubles, and the Dow gained 11 points in the first hour...

Author: /time Magazine | Title: Wall Street's Super Streak | 9/6/1982 | See Source »

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