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Just ask Robert McGuire, a Mercedes salesman in Raleigh, N.C., who was ruefully watching as the market plunged last Tuesday. "Our customers are very investment driven," McGuire says. Just last month a retired engineer plunked down $50,000 in cash for a mid-size Mercedes as a present for his wife--a purchase paid for with money made in the stock market the previous week...

Author: /time Magazine | Title: Can We Bear To Keep Buying? | 8/17/1998 | See Source »

...times have changed, and so, in some ways, has Faircloth. Last week, at a hastily called press conference in Raleigh, N.C., the 70-year-old Senator went out of his way to portray himself as an HMO reformer and the proud co-sponsor of a G.O.P.. alternative to the Patients' Bill of Rights favored by the President. "It's an important issue, and it's one we're going to address," Faircloth declared...

Author: /time Magazine | Title: A Republican Who's Taking His Medicine | 7/13/1998 | See Source »

...before Faircloth's press conference, Edwards was peddling his own health-care elixir at a panel discussion in Raleigh. He condemned "health-care bureaucrats" who overrule doctors in determining a patient's treatment, and asked, "Are we gonna put the law on the side of the patient or...leave it on the side of the big insurance companies?" In the familiar terms of Southern populism, Edwards promised to be an "independent voice" in the Senate for those who "don't have Lear jets to fly them to Washington, don't have lobbyists walking the halls of Congress...

Author: /time Magazine | Title: A Republican Who's Taking His Medicine | 7/13/1998 | See Source »

...North Carolina politics. As usual, and for good reason, the Edwards-Faircloth contest is being cast as a battle between rural conservatives and a new North Carolina, the one centered on Charlotte, the state's thriving financial center, and booming Research Triangle Park, a high-tech enclave that encompasses Raleigh, Durham and Chapel Hill...

Author: /time Magazine | Title: A Republican Who's Taking His Medicine | 7/13/1998 | See Source »

...bike?" those 10-speed-pedaling hordes who brave the Cambridge cobbled streets with sufficiently pneumatic tires may wonder. The retro-bike is a genre of used bike which is turning up with alarming frequency on campus. The most common strain--sorry, retro-bikers, it is becoming common--is the Raleigh frame in a rust-eaten variant of burnt umber, olive, electric blue or the ever-present black. The metallic frame comes over both the front and back wheels half-way and preferably, in the purest strains of retro-bike, has an irregularly shaped casing over the chain. Schwinns are also...

Author: By Rachel A. Farbiarz, | Title: The Emergence of the Retro-Bike | 11/20/1997 | See Source »

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