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...Carter walked through the South Bronx and promised fiscal relief. Today this razed neighborhood continues to look like a bombed-out war zone--victimized by arsonists and ruled by street gangs with chains and sawed-off shotguns. His funding of neighborhood groups has also taken a downward turn. When measured in real dollars (adjusted for inflation), Carter's proposed 1981 budget will guarantee a cut in the two major sources of community development funding. The Community Development Block Grants program will suffer a 5 per cent reduction in funding while the president will cut the Urban Development Action Grants...

Author: By David H. Feinberg, | Title: Carter to Cities: Drop Dead | 2/23/1980 | See Source »

Paying off Shell's huge claim would add to Lloyd's already impressive financial woes. Among other things, the venerable insurance market is being sued by 36 of its member underwriters in a case involving insured Bronx slum buildings put to the torch. Last year, Lloyd's investigated the smoking of five supertankers and dozens of other vessels; it estimates that, worldwide, 100 cargo ships were purposefully sunk in 1979, accounting for losses of $250 million...

Author: /time Magazine | Title: HIGH SEAS: Sinking a Supertanker | 2/18/1980 | See Source »

Coach Joe Bernal's idea of an afternoon workout included covering three or four times the distance that Roberts swam in a week with the Bronx High School of Science swim team...

Author: By Michelle D. Healy, | Title: Quiet Swimmer Earns Respect | 2/14/1980 | See Source »

...used reason to calm a divided faculty and helped establish a democratic campus senate. He has shown similar peacemaking skills in helping to settle New York City's strikes; for 14 years he has also served as consultant to TIME'S Law section. Born in The Bronx, Sovern attended the Bronx High School of Science, took both his B. A. and law degrees at Columbia as a scholarship student and at 28 became the youngest full professor in the school's history. He and his wife Joan, a sculptor, live in Manhattan; they have six children...

Author: /time Magazine | Title: Education: Favorite Son | 1/21/1980 | See Source »

...could and would buy were a wonderment: boats, Winnebagos, hair transplants, facelifts, sensitivity training, hot tubs, snowmobiles, automatic garage doors, video-tape recorders, sound systems, breast implants, tennis ball servers, openly sold pornography targeted to the most elaborate perversions. If an underclass was being left behind in the South Bronx (and the fire in the civil rights movement guttered out), most American consumers lived in a world of far greater opulence, variety and mobility than any generation in history. The economy, a $1.4 trillion-a-year wonder, pumped out enough goods to make the U.S. a seemingly endless bazaar...

Author: /time Magazine | Title: Last Look At The '70s: Epitaph for a Decade | 1/7/1980 | See Source »

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