Word: learjet
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TIME'S Los Angeles Bureau Chief William Rademaekers followed Brown one day last week as the Governor took his message to varied groups of voters. Boarding the chartered Learjet at Los Angeles, Brown first flipped through the morning papers, stopping at a story that reported unemployment statistics down. Jabbing his finger at the item, he said, "Government is flattening out. The private sector is pushing forward." Noting that corporate profits in California are double the national average, he said he expects the 1979 state surplus to be as large as this year's. So despite all the grim forebodings...
...been funneling money to Joshua Nkomo, co-leader of the guerrilla armies of the Patriotic Front.* Among other things, he footed a $65,000 hotel bill for Nkomo and his entourage at the unsuccessful Geneva peace talks of 1976. Last September, Rowland flew Ian Smith in a Lonrho Learjet to a clandestine meeting with Zambia's Kaunda, one of the five front-line black leaders supporting the Patriotic Front. In February, Smith asked Rowland to arrange another meeting between Kaunda and a senior white Rhodesian Cabinet minister. Smith's goal: to get Kaunda's help in bringing...
DIED. William Lear, 75, restlessly creative inventor whose farsighted triumphs include the first practical car radio, the autopilot for airplanes, the eight-track stereo cartridge and, more recently, the Learjet; of leukemia; in Reno. Throughout a prodigious career that eventually netted him more than 150 patents, Lear delighted in tackling "impossible" problems. Intrigued by the prospect of designing his own plane, Lear severed connections in 1962 with the electronics firm he had founded, anted up $11 million of his personal fortune, squeezed bank loans and tapped his children's trust funds to finance production of the small, streamlined...
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...
...armor-plated Cadillac goes with the job, and instant call on a 707 or Learjet. The salary is $60,000. The executive suite is the grandest in Washington, with half a museum's worth of Early American furniture, sweeping views from a vast eighth-floor terrace, and a chamber that can take 200 for sitdown dinner. It is not the pay and the perks, however, which have hopeful Democrats lining up two abreast to be Henry Kissinger's successor. The office of U.S. Secretary of State is probably the most powerful appointive office in the world. And there...