Word: northeasters
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...fully electrified; all trains must switch locomotives in New Haven, Conn. The U.S. needs a renewed political and financial commitment to making train travel rapid and economical. Developing a new generation of high-speed trains will be awfully expensive (especially building rail lines through the suburban sprawl of the Northeast Corridor), but the energy shortage will require it sooner or later. And the longer we wait, the worse the obstacles become...
...self-hating Southerner. Despite being a third-generation Atlantan, I tried as hard as I could to make sure nothing about me--not my accent, not my political beliefs, not my musical taste, not my style of dress--could possibly betray me as Southern. In my mind, the entire Northeast was a cosmopolitan Manhattan and the entire South (except, of course, for my neighborhood) was a 1980s-era Mayberry...
Today the real problem area is the Northeast, particularly New England. The FDIC is opening a "liquidation" office, with a 400-member staff, in Boston to dispose of the real estate it expects to be stuck with as banks in the region go bust. The Bank of New England (assets: $23 billion) "already has one foot in the grave," says an analyst. Even the big Manhattan-based "money center" banks are suffering from plummeting earnings and falling investor confidence. Chase Manhattan's stock has plunged almost 60% in the past year, to 16 5/8. Citicorp is down about...
...Better New York, estimates it would take $5 trillion to bring his city back up to par. Although its annual budget is larger than that of all but two states, New York City is in a financial straitjacket, and the nation's economic downturn, more harshly reflected in the Northeast than elsewhere, offers little hope for future relief. Says financier Felix Rohatyn, who devised the plan that saved New York from bankruptcy 15 years ago: "I just don't see the light at the end of the tunnel. However, we cannot turn our back on the city now." Facing...
...test (10 correct answers); of men in the same age group, only 52% did. Men got more correct answers on matters of sexual practices; women knew more about their own sexual health. People living in the Midwest had the highest scores of all, and those in the South and Northeast the lowest. Of all the 2,000 tested, none got a perfect score; five respondents had 16 answers right...