Word: bayes
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Dates: during 1980-1989
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Many Tampa Bay residents feel a surge of civic pride as they drive across the new $244 million, 4.1-mile Sunshine Skyway Bridge, the centerpiece of a 13- mile causeway connecting the tip of St. Petersburg's peninsula to the mainland. The span replaces a pair of cantilevered bridges, built in 1954 and 1971. The newer of the two collapsed in 1980, killing 35 people, when it was hit by a freighter during a blinding rainstorm. After the accident, more than 20,000 vehicles a day crowded onto the single remaining two-lane span. Government officials could have repaired...
...many scholars and business leaders, from the Bay Area to Boston, are beginning to voice concern about what Harvard Economist Robert Reich has dubbed "chronic entrepreneurialism." These contrarians contend that America's obsession with start-up companies is undermining U.S. competitive strength. They blame the proliferation of small companies for an alarming loss of U.S. market share in strategic high-tech businesses, ranging from semiconductors to fiber optics. The constant sprouting of new ventures, they explain, may be weakening the U.S. industrial structure by splintering American manufacturing power into too many small pieces...
Last week Greenspan proved those critics dead wrong. In an effort to keep inflation at bay, the Fed raised its discount rate from 6% to 6.5%. That bellwether interest rate, which the central bank charges on loans to financial institutions, now stands at its highest level in two years. Says Robert Hormats, vice chairman of the Goldman Sachs International investment house: "The increase, announced just a week before the Republican Convention, puts to rest any doubt about Greenspan's independence...
DeLillo's hypothesis about the Kennedy assassination is similar. American intelligence officers, frustrated by the Bay of Pigs fiasco and Kennedy's diplomatic reconciliation with Castro, hoped to force Kennedy's hand. They planned to stage an attempt on Kennedy's life, a near miss. They would plant clues that would point back to Havana. Kennedy would be likely to believe a link to Cuba, because Kennedy had secretly ordered the C.I.A. to consider and research the assassination of Castro. If the plan succeeded, President Kennedy would be tricked into renewing hostilities with Cuba. Somewhere along the line, of course...
Bush needs to overcome the so-called convention bump that has propelled Dukakis to big leads in opinion polls following the Democrat's party in Atlanta. The Bay State Governor's lead will shrink over the next few weeks, especially after Bush has a convention of his own in to put him in the spotlight...