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...Ortega's shrewd diplomacy has already had considerable impact on the pending aid vote. Just a month ago, the Reagan Administration still planned to request $270 million in contra funds, much of it to be designated as military aid. Last week, however, Fitzwater conceded that the "$270 million figure has been overtaken by events." After several days of discussions, the White House decided to ask this week for less than $50 million, with only 10% earmarked for lethal purposes. But Capitol Hill buzzed with proposals to postpone the aid vote. Among those championing a delay was Senate Minority Leader Robert...

Author: /time Magazine | Title: Central America Contra Countdown | 2/1/1988 | See Source »

...story bristles with shrewd ideas on topics as varied as how Shakespeare's The Tempest ought to be played (an amateur production is the fulcrum of the plot) to the role of egalitarian wartime food rationing in dismantling the old British class structure. The budding artist coolly looks on everything -- from his mother's death during World War II bombing to his own accidental hastening of an aged relative's demise -- as mere material. His outlook could be that of a genius or a schizophrenic or a psychopath. The confluence among those personalities is precisely Dickinson's point and confers...

Author: /time Magazine | Title: Books: The Many Guises of Mysteries | 2/1/1988 | See Source »

Bloom was in fact a shrewd art investor. He bought paintings by Edward Hopper, John Singer Sargent, Mary Cassatt and Willem de Kooning. Among the most expensive: Thomas Wilmer Dewing's Lady in White (worth $750,000) and John White Alexander's Alethea ($660,000). Says Loraine Pack-Liebmann, a Manhattan art dealer: "The kid did well. Many of the works he has bought have appreciated substantially in value." Example: Severin Roesen's Vase of Flowers in Footed Glass Bowl with Bird's Nest, purchased for $175,000, may now be worth $250,000, a potential profit...

Author: /time Magazine | Title: The Whiz Kid Who Wasn't | 1/25/1988 | See Source »

...Babbitt succeeded to the Governor's office through a fluke: the elected Governor stepped down, his replacement died, and the attorney general was left next in line. Babbitt then won election to two terms in his own right, proving himself a popular and shrewd executive in a deeply conservative state. He balanced his budgets, refused to throw money at problems and avoided fights he couldn't win. He pressed the legislature to improve health care for the poor, while holding taxes down and deregulating business. Says House Majority Whip Jane Hull, a conservative Republican and frequent Babbitt opponent, "I guess...

Author: /time Magazine | Title: Campaign Portrait, Bruce Babbitt: Standing Up For Substance | 1/4/1988 | See Source »

...executions, dehumanizing labor camps. That Abuladze was ever allowed to make this film is remarkable. That it has been shown to millions of ordinary Soviet citizens, many of whom greeted it with standing ovations, is astounding. And that the Soviets chose to distribute the work abroad is a shrewd advertisement for that heady mixture of public relations and public confession that Mikhail Gorbachev has popularized under the banner of glasnost...

Author: /time Magazine | Title: Soviet Union A Tragic Phantasmagoria | 12/14/1987 | See Source »

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