Word: motor
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Dates: during 1970-1979
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...many businesses and middle-class residents to its surrounding suburbs that a local wag once cracked: "Will the last company to leave please turn off the lights?" Rather than wait for that dismal moment, Henry Ford II has a better idea. Last week he announced that the Ford Motor Co. will sponsor a $500 million development to lure people back to the center city...
...Pittsburgh Mellons, have clearly been stung by criticism that they have not done enough to stem the deterioration of the city where they base their fortunes. Henry's brother, William Clay Ford, plans to move his Detroit Lions football team to Pontiac, Mich., for example, and Ford Motor Co. is building a $750 million commercial and residential complex in nearby Dearborn. Both projects threaten to attract more businesses and people from downtown Detroit-a trend that Henry Ford II obviously hopes to diminish...
...date he has secured options on the riverfront property. Next the city must transfer its holdings to Ford Motor's Land Development Corp., which will supervise planning and construction. "The size of the development is such that no single company can handle it by itself," Ford explained. "We want and need the participation of other companies to bring the plan to reality...
...crucial bodily junctions doesn't convince you of the role of corporate capitalism in fomenting the ongoing crisis of taste in America, you might take a look at the current "number-one", where bad taste at last swims home to spawn at the fountainhead of the corporate aesthetic--Detroit, Motor City, Michigan, the town that brought you fins, concrete, smog, motels, controlled obsolescence and drive-in movie theatres...
...Beautiful.'" No, the real moments are like the one at a business conference where Hailey has the GM Board Chairman 'whimsically' saying, "Unless anyone has a better suggestion, we might as well begin." Yes, that's the way it is. That's exactly what passes for whimsy in the Motor City...