Word: smoothly
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Dates: during 1970-1979
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Dollar's Drop. Along with its critics, Treasury also has supporters. Richard Cooper, the former Yale economist who is now Under Secretary of State for Economic Affairs, believes that the major central banks can easily smooth out the money market movements caused by the dollar's drop. Adds Brookings Institution Economist Robert Solomon, noting the big trade surpluses enjoyed by the Japanese and the West Germans: "To any reasonable person, the appreciation of the yen and the mark is desirable." Moreover, Solomon contends, the shift in rates is not that great. For example, though the dollar has slipped...
...Buses ($3.50) go downtown every 15 min. (daytime), sporadically at night. Buses also serve suburban areas every one or two hours (daytime). Eight commuter airlines, charter helicopter service to Midway Airport and Meigs Field. Parking: easy. New close-in facility with 9,200 spaces. Flow Through: smooth. Sidewalk checkin. Insufficient baggage carts. Three terminals linked by five underground pedestrian tunnels (two longest have 255-ft. moving sidewalks), also by shuttle buses. Longest walk between entrance and plane: 1,800 ft. Baggage checkout: fast. Hotels/Motels: sufficient. At least twelve hotels within 10 min. of airport, the O'Hare Hilton reached...
...runways, 19 airlines. Delays: minimal. Accessibility: cheap and fast. Allow 20 min. for seven-mile taxi ride to the city (about $2 from airport, $3 on the way back). Bus run by a cooperative of ex-servicemen takes 15 min. longer but costs a mere 55?. Flow Through: smooth, due to recent renovation of ancient terminal. Porters abundant. Baggage handling costs 110 per piece. Longest unassisted walk: an easy 15-ft. stroll from terminal entrance to immigration counter. Immigration and customs checkout: allow half an hour. Hotels/Motels: two five-star hotels four miles away. Amenities: newly air-conditioned. Air India...
...welfare state and are feeling sorry for themselves. Still, the Sex Pistols' pile-driving Anarchy in the U.K. is an anthem of despair. The British punk bands are a community linked by anger and frustration. They are, within the music world, a rebuke to the bourgeois excesses -and smooth musical stylings-of such stars as Elton John and Peter Frampton...
...graduates of the 1960s rock era -Paul Simon and Paul McCartney moving out on their own, groups like the Rolling Stones, the Grateful Dead and Jefferson Starship rambling on as before. The New Wave seems to be saying, "The superstars are dead. Long live the superstars." Down with the smooth confections of commercial rock, even the harmless purr of disco. Says one punk devotee: "Disco was the final straw." Willie ("Loco") Alexander, leader of a Boston band, revels in the studied toughness, calculated cool and throbbing boom-boom of the New Wave. Says he: "Punk looks right...