Word: frugality
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Ultralavish consumption, a hallmark of Saudi royalty until frugal Faisal put an end to such waste, has been resumed with a vengeance by the newly rich private Saudis. For a Saudi millionaire, a Learjet is a must-even if he does not need it. He must own houses abroad, in London, Paris, Switzerland and the U.S. Rich Saudis also have a weakness for stretched-out Mercedes cars with built-in bars at $75,000 each...
Sentiment for the program is stronger in New England, whose frugal Yankees depend heavily on imported oil to survive harsh winters. "Most of the things Carter's mentioned, we're already doing," claimed Robert Hamm, owner of a small machine shop in Boston. "Why would you burn a fleet of lights and put up with a huge electric bill for nothing...
...always, that fifth season-"mud" -oozed through Vermont and New Hampshire, where the coo of the mourning dove gave way to the growl of four-wheel-drive vehicles pulling unsuspecting travelers out of the region's annual goo. The 949 frugal residents of Plainfield, Vt., authorized a study to see if they should keep their dirt roads-potholes and all-instead of paving them with expensive, and unprofitable, asphalt...
...biggest stimulus to diesel sales in the U.S. could come from Volkswagen, the company that more than any other made frugal cars fashionable in the U.S. In what is being called a "second generation" of passenger-car diesels, VW claims to have solved most of the diesel's problems of weight and sluggishness. VW's first diesel, sold in Europe in the Golf model, accelerates to 50 m.p.h. in 11.5 sec., v. 10.5 sec. for the comparable gasoline-powered version (which is known in the U.S. as the Rabbit), and has a top speed of 87 m.p.h. Price...
Damn Right. The city hopes to gross about $8 million on the convention, a good return on an investment of only $500,000. Frugal Democratic Mayor Charles Wheeler plans to recover even some of that money. When the convention is over, the 4-ft.-long sounding block on which the gavel is pounded will be cut up into 2½-in. chips and placed on commemorative plaques. Price: $100 each. Does Wheeler, a good Democrat, plan to buy one? Says he: "Damn right. Every family needs...