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...Bank has to give up the notion of combatting inflation by contracting the money supply. Since inflation is primarily structural, the supply of money has little effect on prices. But it has tremendous effects on the construction industry and the housing market. When the Fed tightens money, interest rates zoom (up to 10 per cent at present), and people can't afford to borrow money to build or buy housing. Construction workers go on welfare, real estate values skyrocket, and you just get more inflation...

Author: By Tom Blanton, | Title: Hey, Good Lookin', Whatcha Got Cookin'? | 10/7/1978 | See Source »

Malle tries to make the movie's flavor pass for substance by rilling the film with portentous zoom shots, but the ruse does not succeed. The cast does not do much to flesh out the material either. Be sides having no resemblance to the real Bellocq, Carradine rarely gets a handle on the mysterious photographer-hero. With his sepulchral demeanor, he looks less like an obsessed artist than a constipated undertaker. Sarandon, sputtering like a road-show Tennessee Williams heroine, never creates a credible character. Nor does Singer Frances Faye, playing an ancient madam who does an obligatory...

Author: /time Magazine | Title: Cinema: A Child's Garden of Sin | 4/10/1978 | See Source »

George Arvantis's cinematography has both sweep and intimacy, although there is too much use of the zoom lens--a noxious device--especially on Agamemnon, who is on the receiving end several times in the first few scenes. Mikis Theodorakis's music begins execrably, thudding around in the first half-hour like a discard from some horror movie, but it begins to wake up with the arrival in Aulis of Iphigenia, and in the final scene provides lively, uplifting support during her climb. This is music that suggests a quiet grandeur without a hint of soupiness...

Author: By David B. Edelstein, | Title: A Tragedy--but not a Total Loss | 1/16/1978 | See Source »

...often managed to get there ahead of them. Eleanor Lampe, an Iowa cattle rancher, never could get to the mike to talk about the abortion plank. "I grew up in a rural area," she said, "and I've never seen anything like this. I guess you just have to zoom out like a bulldog and leave no room for kindness...

Author: /time Magazine | Title: The Nation: What Next for US. Women | 12/5/1977 | See Source »

...sometimes difficult to deal sensibly with television. In some people, TV excites grandiose and quasireligious visions -the future zoom of its open-ended possibilities, the way it collapses old relationships of time, space, sight and sound, or can tear up reality and reassemble it to the point that the medium's ambitions seem extravagantly metaphysical. To others, TV is all of civilization's banality crammed into a buzzing home appliance designed to cause brain damage. As a witness to actuality -its "news function"-television can be journalistically incomparable (Newton Minow exempted news from his famous 1961 charge that...

Author: /time Magazine | Title: Time Essay: TV Goes into Diplomacy | 12/5/1977 | See Source »

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