Word: carly
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Dates: during 1980-1989
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When Hart tried to confront the escalating crisis at a Wednesday press conference in New Hampshire, he winced visibly as reporters asked blunt questions about whether he had ever committed adultery. At one point Hart responded, "I don't have to answer that." Afterward, in the car heading toward a political dinner, Hart mused that maybe he should have said, "Adultery is not a crime. It's a sin. And that is between me and Lee, and me and God." Lee Hart added supportively, "That's exactly what I would have said...
When Carol Inkley went shopping for a new car earlier this year, she faced a supply-side problem: a pending divorce had left her with little to spend and nothing to trade in. Inkley, a Chesterfield, Mo., interior-design coordinator, solved her dilemma by signing a four-year auto lease that avoided the hefty down payment a normal car loan would have required. Cost of the lease: $239.04 a month. She drove home in a new white Honda CRX complete with automatic transmission, air conditioning and AM-FM radio...
Taking a cue from Corporate America, more and more people these days are shopping for cars the same way that Inkley did. For decades automobile leasing has been popular among firms anxious to protect their cash flow and capital from the kind of rapid depreciation that car-fleet ownership entails. Now individual consumers are taking up the same practice for roughly similar reasons. Last year, according to the American Automotive Leasing Association (A.A.L.A.), a lobbying group, individual customers leased nearly 2 million of the 11.4 million new cars delivered in the U.S., a record. That 17% market share compares with...
...switch? Rising sticker prices and the phaseout of income-tax deductions of sales taxes and the interest on consumer car loans are major reasons. Says Bill Willis, fleet and leasing manager for Ford Motor's Ford Division: "Leasing permits people to drive upscale cars, complete with options, without making any initial investment...
...West Germany, on the other hand, the new superconductors are of little interest to maglev engineers, who abandoned superconducting magnets in 1979. They opted to use conventional electromagnets instead. The German system is based on magnetic attraction, not repulsion. The magnets are on assemblies attached to the cars' undercarriages that curve around and under the crossbar of a T-shaped track. When the magnets are energized, they pull themselves up toward the crossbar's metallic underside and the car is lifted into the air; magnets in the track provide propulsion. Which technique is better? Both have advantages. The German maglev...