Word: cadillacs
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...severity of Detroit's auto depression was dramatically underscored last week. Mighty General Motors, which usually slides past industry slumps like a Cadillac Eldorado cruising around a minor bend in the road, reported a stunning second-quarter loss of $412 million. Overall this year, the company is expected to lose money for the first time since...
...protective instruments is now on the market, ranging from $375 bulletproof vests for executives conducting shareholders meetings to $16,000 electronic tracking systems that help trace a kidnap victim. A particularly nervous tycoon could buy from CCS Communication Control Inc. for $200,000 the security-studded 1979 silver-gray Cadillac that was once ordered by the Shah of Iran but never delivered. For $1,500 more, his chauffeur could take a four-day evasive-driving course in Summit Point, W. Va., that teaches high-speed handling and bootleg turns to escape terrorist blockades. The head of an East Coast steel...
...also been Jacobson's mistress. Two weeks after Cain broke off with Jacobson, Tupper's charred body, shot seven times and stabbed repeatedly, was found in a burning crate in a Bronx lot. Jacobson was reportedly seen speeding away from the lot in a yellow Cadillac. Arrested the next day, he was found guilty of second-degree murder last April...
Early one morning last week in the israeli-occupied territory of the west Bank, Karim Khalaf, mayor of the resort town of Ramallah, left his rambling stone house to drive 1½ miles to his city hall office. As Khalaf, 43, turned the ignition switch of his green 1980 Cadillac, a bomb exploded beneath his feet. A gardener working in the rear courtyard ran to the car and pulled the screaming mayor from...
THERE ARE sacrifices Americans should make, and probably would if the government stopped relying on the fiction of the free market and took decisive action. The 12-mile-a-gallon Cadillac ought to go the way of the grass-eating brontosaurus, and government regulation should drive it to extinction if natural selection doesn't. Immediate price controls and rationing of gasoline would instantly force a reduction in oil consumption and dependence on imports--and this is a sacrifice Americans have long been willing to make, but this administration has timidly avoided. There are sacrifices aplenty to be made everywhere...