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...cheap shots are not enough to beat back this ugly argument For one thing, there's a grain of truth in it and for another. Podhoretz's version of Vietnam is politically ascendant. Only a few weeks ago, speaking off the cult at a press conference. President Reagan rewrote the history of Indochina to suit his Central American agenda. The idea, endorsed by Podhoretz in his concluding paragraph that the U.S. role in Indochina was "noble," "idealistic," and "morally sound" is winning converts: it must be denied and defused, and to do that it must first be taken seriously...

Author: By William E. Mckibben, | Title: The Most Dangerous Wave | 4/20/1982 | See Source »

...Soviet economic outlook, though, continues to deteriorate. Last week Moscow officials indicated that the disastrous 1981 grain harvest had been worse than previously thought. The setback may force the Soviet Union to increase gold sales to raise cash. The Soviets have already sold roughly 300 tons of the metal to obtain about $3.5 billion. The Kremlin is using the proceeds to pay for food and other imports, and to aid its satellite countries. Meanwhile, Western moneymen, who used to help the Communist world get out of such economic troubles, are on an extended bank holiday...

Author: /time Magazine | Title: The Financial Perils of Poland | 4/19/1982 | See Source »

...squeezed between rising costs and falling prices. In part, they are the victims of their own remarkable productivity. Last year they turned out record crops of corn (8.2 billion bu.) and wheat (2.8 billion bu.). The 2 billion-bu. soybean harvest was exceeded only in 1979. Oats, barley and grain sorghum also had near record yields, making 1981 probably the most productive year in U.S. farm history. Unfortunately, all that abundance knocked the bottom out of prices. Corn, the nation's biggest cash crop, dropped from $3.60 per bu. in the Chicago market to $2.60 by year...

Author: /time Magazine | Title: Hard Times in the Heartland | 4/12/1982 | See Source »

...worldwide recession. This and the strength of the dollar abroad have cut into U.S. agricultural exports, which normally account for nearly one-fourth of farm income. But so far this year exports of corn, for example, are down about onefourth. The Soviet Union, stung by the 1980 U.S. grain embargo (which one economic consulting firm estimates cost American agribusiness $22 billion), has spread out its purchases among more suppliers. Of the 43 million metric tons of grain it is expected to import from the West this year, the Soviet Union has so far bought only 13.8 million tons from...

Author: /time Magazine | Title: Hard Times in the Heartland | 4/12/1982 | See Source »

...wants to clarify your statement "Baked goods and cereals are the No. 1 source of sodium in the diet of many Americans." Ready-to-eat cereals contribute only 2.9% of the sodium from food; cooked cereals, 2%; and all other baked goods, 27.2% (U.S.D.A., 1977-78). While the total grain food category may add a considerable amount of sodium to the diet, ready-to-eat and hot cereals, as consumers know them, provide only 5%. Kellogg's Frosted Mini-Wheats? cereal is low in sodium (only 5 mg per 1-oz. serving) and is readily available in grocery stores...

Author: /time Magazine | Title: Letters: Apr. 5, 1982 | 4/5/1982 | See Source »

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