Word: houstons
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Dates: during 1980-1989
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...individuals like Chambre for much of the borrowing spree. "The coming of age of the baby boomers," says Henry Kaufman, chief economist for Wall Street's Salomon Brothers, "is altering the relationship between consumer credit and income, reflecting this group's greater acceptance of credit." Terry Blaney, president of Houston's Consumer Credit Counseling Service, is blunt: "We have a whole generation of people who have been raised with high expectations. Couple that with all the advertising we see, and you've got a lot of materialistic people. There has to be an adjustment in attitude about credit...
...local surveys in Oklahoma, Oregon, Texas and Massachusetts suggest that between 20% and 40% of high school boys are chewing or dipping. No less worrisome is the finding, in Texas, that 55% of young dippers started before age 13. Says an exasperated Ann Ballard, a high school teacher in Houston: "I'm tired of finding cups filled with brown spit littered about the classroom...
...Houston, a seemingly tireless Conwell, an oil-equipment salesman who now resides in Oman, said he had belatedly discovered that he was being criticized for his apparently pro-Shi'ite remarks. He noted reports that the White House had preferred that he not speak at Andrews base and that the President's men were relieved when Captain Testrake was asked to become the new spokesman. Once the hostages were freed, Conwell agreed, it made sense to have the captain act as spokesman...
Some of the most influential foreign-born businessmen in Houston are Iranians, many of whom fled their country in the late 1970s, around the time of the fall of the Shah. They have since flocked to real estate, and are currently constructing developments ranging from housing to shopping centers. Says Ali Ebrahimi, 43, whose company, Ersa Grae, has built five subdivisions in Houston and two more in Nashville: "What I have been able to do with very little money is to attract the confidence of big institutions to back me by putting together projects that work...
...months ago, a mere handful of people were showing up for Saturday- night home services conducted by Jorge Alvarado, a Mexican-American upholsterer and part-time evangelist in Houston. But soon so many people were coming that Alvarado had to move his congregation to a small commercial building, and then to a large house, where some 80 worshipers now regularly attend his meetings. These two-hour gatherings feature testimonies, rousing hymns accompanied by electric guitar, and high-energy sermons ("The Lord gives strength to the weak...