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...outlook could be darker by then, particularly if the Fed continues to heed the bond market and pushes rates still higher. According to David Blitzer, chief economist of Standard & Poors Corp., there have been nine U.S. recessions since World War II but only two soft landings. In effect, the odds are 9 to 2 against...

Author: /time Magazine | Title: Greenspan's Rates of Wrath | 11/28/1994 | See Source »

...inside is an image that appeals irresistibly to the biographers of comedians. Time and again, they portray those with a gift for humor as embittered souls behind the greasepaint. Fortunately, Kathleen Brady avoids this cliche in Lucille: The Life of Lucille Ball (Hyperion; 397 pages; $24.95). Without ignoring the darker aspect's of Ball's life, Brady, a former Time reporter whose previous biography was of pioneering muckraker Ida Tarbell, portrays a woman of impressive determination and resilience...

Author: /time Magazine | Title: BOOKS: Here's Lucy | 11/21/1994 | See Source »

Death and extinction are supposed to tie in with the recurring and problematic dinosaur motif. While the others are doomed dinosaurs. Todd has set himself apart, a Pterodactyl among lizards destined for a different fate. He is slated to survive as something eternal; vigilance, vengeance, or perhaps something darker...

Author: By Thomas Madsen, | Title: Pterodactyls Never Manages to Soar | 11/3/1994 | See Source »

...Summer Sails and Eastport Maine show Farndon was capable not only of great freedom of workmanship and loose interpretation of the buildings and boats from which he painted, but also of extending himself beyond a purely idealistic frame into moody, sometimes hasty applications of deep oranges and purples, casting darker clouds on the exuberance of his most popular Renoir imitations...

Author: By Thomas Madsen, | Title: Yankee Impressed | 11/3/1994 | See Source »

...part, Clinton tried to appear perplexed by all the maneuvering. "I've never come to the end of a full congressional session before," he said, "so for all I know this often happens." Such confusion might be charming if it weren't so disingenuous. For there is another, darker scenario possible: the election results could make it harder for Clinton to win passage of the measure in November, which could kill the treaty altogether. Even if the Democrats don't lose the Senate and the House outright, Republicans are virtually certain to gain effective control of both chambers, particularly...

Author: /time Magazine | Title: Trickery Wins Over Trade | 10/17/1994 | See Source »

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