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...senior writer in our Business and Economy sections, committed some remarkable "economic carols." Jangled Dems, to the tune of Jingle Bells, starts off: "Democrats, Democrats, Why are you so blue? Nixon stole our policy, What ever shall we do-o?" Then there is Goodbye Gold (to the tune of Deck the Halls): "Flood the world with paper dollars, Fa la la la la, la la la la; Pay no mind to Frenchmen's hollers, Fa la la la la, la la la la." Other titles: God Rest Ye, Jackson Grayson and Should Milton Friedman Be Forgot...

Author: /time Magazine | Title: A Letter From The Publisher, Dec. 20, 1971 | 12/20/1971 | See Source »

Diplomatic Switch. Some deck passengers will sail with Macmillan to the very end. Others will drop off at Port Said (page 179), after Macmillan has taken them through the Suez adventure. Even there they may depart dissatisfied. For Macmillan, one of the Cabinet few who probably knew all (he was reputedly a member of an inner ministerial group known cynically as the Suez "Pretext Committee"), chooses not to tell all. Perhaps inhibited by Britain's 30-year rule on state secrets, Macmillan sticks with the official version that Britain and France landed troops only to separate Israeli and Egyptian...

Author: /time Magazine | Title: Books: West of Suez | 12/13/1971 | See Source »

...settlement satisfactory to their members-so Meany & Co. must keep up the fiction of fighting Phase II. In his keynote address, the 77-year-old AFL-CIO boss put on a sometimes tasteless show of personal invective. The 15-member Pay Board, he claimed, is a "stacked deck" against labor, and its president, retired Federal Judge George Boldt, "doesn't know a damn thing...

Author: /time Magazine | Title: The Economy: Labor's Disturbing Challenge | 11/29/1971 | See Source »

Tristan (Jess Thomas) and Isolde (Birgit Nilsson) down their love potion on the deck of a palpably realistic ship. Suddenly they are obscured by swirling clouds, as if seen through a delicatessen window on a cold day. Later, in a dense, lushly tropical garden, they embrace, then shoot skyward via an elevator. They float among color-slide-projected stars, perch on the solid-looking edge of a planet examining a literal representation of the sun's corona, finally end their galactic tour by strolling across what seems to be an asteroid before ending up again in their dank garden...

Author: /time Magazine | Title: Music: Spaced-Out Tristan | 11/29/1971 | See Source »

Last week that time came. In a farewell sea parade, 16 warships of the Royal Navy, with flags flying and all hands on deck, steamed out of Singapore harbor under a cover of 50 planes and helicopters. Shortly before, the British had staged their final parade at Kangaw Barracks-Royal Navy sailors in the lead, followed by Royal Marines in desert khaki and pith helmets, Royal Highland Fusiliers in tartan caps, men of the Royal Air Force and the Royal Artillery. "It is quite an occasion-an historic occasion," said Air Chief Marshal Sir Brian Burnett, the last head...

Author: /time Magazine | Title: SOUTHEAST ASIA: A Modest Insurance Premium | 11/15/1971 | See Source »

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