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When embedded in McGeeish boredom in Burma he wrote his first short story. After a few disastrous jobs in the Manhattan jungle, the apprentice author be came a penny-a-liner for the pulps; since then he has banged out 70 novels and some 600 short stories. He calls his tales "why-did-its," not whodunits, and likes to think of them as "folk dances." Since most of his books have been published in paperback, he has thus far escaped serious critical attention in the U.S. A pity...
...chairman is already making the rounds in Washington. Though he has headed the U.S.'s central bank for a little more than seven weeks, tall, taciturn Paul A. Volcker has lost no time in establishing himself as a staunch inflation fighter, dollar defender and hard-liner on interest rates. Since he took charge on Aug. 6, the key rates used to manipulate credit policy have shot up dramatically. The Fed last week raised the discount rate, which is the interest it charges on money that it lends to member banks, by a half-point, to 11%, a record high...
Owner Ojjeh apparently turned a handsome profit on the sale. He bought the collection from the Wildenstein family two years ago reportedly for $7 million. At the time, he said he wanted the antiques to furnish luxury salons aboard the liner France, which he had bought with the intention at first of turning the mothballed superliner into a floating casino. Last week Ojjeh also sold the France, for $18 million, to Norwegian Shipowner Knut Kloster, who will rechristen the ship Norway and use it for Caribbean cruises...
...pretending to leave the room from time to time. At one point he declared: "We think everybody is for détente and good relations except for some people." He then jokingly pointed at Vance. Everyone at the table laughed. Brzezinski, who is usually the Administration's hard-liner on Soviet policy, pointed to himself, and everyone laughed again...
Basically, Halberstam has provided a thousand politicians and media junkies with Rolodex-files-full of inside stories and one-liners to try out on the chicken-and-green-beans circuit. The Powers That Be piles detail after detail, quickie quote on top of one-liner, superlative onto cliche, in an attempt to construct the ultimate tower of power. As in the case of an earlier group of tower builders aspiring to heaven, however, a divine curse (or was it hubris?) turned all the words into babble...