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...White House, the upbeat mood was marred by some nagging warnings from an in-house Cassandra. For weeks, Martin Feldstein, chairman of the President's Council of Economic Advisers, has been cautioning that unless taxes are raised to cut the nearly $200 billion deficit projected for fiscal year 1984, the good economic news will turn sour. Moreover, Feldstein has been sounding off in public. Irked, the President's senior advisers tried to muzzle him last week with a public reprimand, which then degenerated into gratuitous ridicule. Their heavyhandedness succeeded only in drawing attention to Feldstein's message...

Author: /time Magazine | Title: Dr. Gloom vs. the Good-Time Guys | 12/12/1983 | See Source »

...curse of Cassandra-to speak terrible truths but not to be believed-is a burden of Fools of Fortune. Trevor's ninth and most despairing novel covers half a century of Irish troubles. One of the characters even loses the gift of speech. She is the daughter of an Irish father and an English mother whose forced separation suggests the rift between their closely related countries. The child, Imelda, is even more symbolic of the price exacted by violence and hatred. Rendered mute and autistic by horror, she is a pathetic representative of the past, present and future. Says...

Author: /time Magazine | Title: Books: Tales of Lovers and Haters | 10/10/1983 | See Source »

...uneven cast, Marian Seldes is formidable as the bereft Queen Margaret. She utters her prophecies and anathemas as if the blood of Cassandra were coursing through her veins. The rest of the production could use a splash...

Author: /time Magazine | Title: Theater: Spider King | 7/25/1983 | See Source »

...Koestler was never able to derive much joy from the past tense. He had seen his books vilified by Hitler's and Stalin's minions. Now he wished to hear no more about them. "The bitter passion has burned itself out," he decided. "Cassandra has gone hoarse and is due for a vocational change...

Author: /time Magazine | Title: Rootless Cosmopolitan of the Age | 3/14/1983 | See Source »

...debt threat has raised fears in Western Europe for some time, but was initially dismissed as Cassandra talk in Washington. Only in recent months has the Reagan Administration come around to the view that the crisis is potentially dangerous and unlikely to blow over quickly. As a consequence, the U.S. Government became involved in both the Mexico and Brazil rescues. Last month Treasury Secretary Donald Regan appealed for concerted international action to devise a new "apparatus" to handle currency and debt problems, although he admitted that he was still "groping" for what form that should take. Said Regan: "There must...

Author: /time Magazine | Title: The Debt-Bomb Threat | 1/10/1983 | See Source »

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