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Does he have the capacity to see a great objective and go after it? What moves him most? What does he really care about? Asked these questions, he paused cautiously. Glenn seldom shows any emotion. One remembers that when the shield of his capsule heated up alarmingly as Glenn re-entered the atmosphere, his pulse rate rose by only one beat. He said he was deeply troubled about the country's eroding industrial base. He had witnessed the huge dislocation in his own cities of Youngstown and Akron and now in other shut-down plants around the country. "These...
...Soviets seldom announce airplane, train or boat accidents. Thus many Soviet television viewers were taken by surprise last week when newscasters read an official statement that the Alexander Suvorov had been "wrecked" the day before with "loss of life." The Kremlin also announced that First Deputy Premier and Politburo Member Geidar Aliyev was leading a commission to investigate the accident. The statement did not give any casualty figures. The following day, however, a representative from Intourist, the state travel agency, provided a few unofficial details. He speculated that the ship's pilot may have steered the boat off course...
...financial crisis when Paul A. Volcker became Federal Reserve Board chairman in August 1979. Inflation was roaring ahead at an annual rate of 13%, and the dollar was sinking on international money markets. Worldwide confidence in the Government's ability to manage the American economy had seldom been lower. Today inflation has slowed to less than 4%, and the dollar has become the world's strongest currency. Many experts attribute that remarkable turnaround largely to Volcker. Says Harvard Economist Otto Eckstein: "Volcker will go down as a giant in history." Concurs Henry Kaufman, chief economist at Salomon Brothers...
...Seldom, if ever, in the U.S. has there been so ecumenical a chorus of concern. The signers of the seven-point declaration included the leaders of the Southern Baptist Convention, the United Methodist Church, the Lutheran Church in America, the Episcopal Church and the United Church of Christ. The political spectrum ranged from right-whig TV Evangelist Jerry Falwell to Bishop James Armstrong, the liberal Methodist who heads the National Council of Churches. Twenty-three Roman Catholic bishops added their names, as did Jewish Leaders Albert Vorspan and Rabbi Wolfe Kelman. The prestige of the clergymen, as well...
...breed." And while the waves of illegal Mexican immigrants are exceptionally poor, the barrio's long-entrenched Mexican Americans inhabit a world more like William Bendix's TV L.A. in the 1950s show The Life of Riley: working-class comfortable. The middle class, perhaps 30% of L.A.'s latinos, seldom use the vaguely militant term chicano...