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...first-year levels or higher. That would imply an outlay of perhaps more than $36 billion in additional federal cash alone over the next twelve years. Less costly proposals would ease the terms on which FHA mortgages are made available to home buyers. Prospects for immediate action are dim. Under terms of the budget compromise reached last fall between the White House and Congress, an extra $3.4 billion for housing would have to be taken out of some other type of domestic spending, a prospect no legislator relishes. Though a Senate subcommittee will consider legislation this spring, Rouse concedes that...

Author: /time Magazine | Title: No Vacancy: The housing squeeze gets worse | 4/11/1988 | See Source »

...easy to lose sight of the long centuries -- there were eight of them -- that separate the heroes of the Trojan War from the age of Socrates and Aeschylus, which paid homage to them. Much of what lay between was not an unbroken line of glory but a dim interregnum. The Mycenaean Greece that leveled Troy around 1200 B.C. was itself in ruins a hundred years later, smashed by Dorian invaders from the north. There followed a dark age that lasted three centuries, when even the alphabet was lost, and then a long, slow crawl back up to the light...

Author: /time Magazine | Title: Art: A Giant Step Into the Light | 3/7/1988 | See Source »

...future course, though, is dim. Money for permanent national teams is nowhere in sight. Nor are N.H.L. owners lining up to lend their Gretzkys to the national Olympic efforts. Right now, in fact, the owners reap far more than they sow, with more than 20 Olympic veterans about to enter their organizations. The hottest rumor: star Soviet Defensemen Vyacheslav Fetisov and Aleksei Kasatonov might join the New Jersey Devils, a sublime irony after years of Soviet state-paid shamateurism...

Author: /time Magazine | Title: Olympics: In the Aftermath, Grousing About the U.S. | 3/7/1988 | See Source »

...glitz, and by maintaining a notoriously low-paid nonunion staff. Shaw does not divulge his salary ("It's between me and the IRS"), but insists that it is not comparable to the millions paid to his network rivals. In any case, the exemplar of CNN spareness takes a dim view of such excess. Says he: "Beware of anchormen who ride in limousines...

Author: /time Magazine | Title: Press: A New Member Joins the Club | 2/22/1988 | See Source »

...placed a bib on Stephen, who has difficulty swallowing, gently held his head forward and poured the beverage, a sip at a time, into his mouth. Meanwhile, Hawking was responding to a question from a student who knelt to read the answer as it slowly took shape on the dim liquid-crystal screen. The conversation shifted to creativity and how mathematicians seem to reach a creative peak in their early 20s. Hawking's computer beeped. "I'm over the hill," he said, to a chorus of laughter...

Author: /time Magazine | Title: STEPHEN HAWKING: Roaming the Cosmos | 2/8/1988 | See Source »

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