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...talks covered a wide array of subjects, ranging from Poland to the Middle East to the Third World. Still stung by Giscard's defeat, Schmidt predicted that incoming President François Mitterrand's economic program would quickly pose problems for France. Yet Schmidt also stressed that the new French leader should be welcomed into the Western alliance, and he offered to stop in Paris on his way home to deliver greetings from Reagan to Mitterrand. The offer was quickly accepted...
...Union (C.D.U.) garnered 47.9% of the vote, its best showing ever, but the party still fell short of a majority. The biggest winner in this disillusioned city of 2 million, beset by youth protest and a wave of squatters taking over vacant buildings, was the Alternative List: a motley array of leftists, environmentalists, pacifists and others who reject all aspects of West German society. Using the symbol of a green hedgehog, this irreverent protest group polled 7.2%, and for the first time gained representation in the city parliament with nine seats. The Alternativen thus upset the old three-party balance...
...bewildering array of new ways to finance buying a home...
Home buyers who shop around will find a bewildering array of other financing gimmicks. These include: ¶ The Short-Term Balloon. Popular in California, these loans base monthly payments on a 30-year schedule in order to keep them low, but they usually also demand repayment of 90% of the mortgage within three to five years. The loans are often used by people who think that they are going to be transferred in a few years or by couples uneasy about the durability of their marriage...
...bold attempt to transfer that 78-year-old image to a car that is 4 ft. shorter than the now standard Cadillac and nearly the same size as a Toyota Celica. The mini-Caddie will carry the expected gewgaws and gimcracks, including electric remote-controlled side-view mirrors, an array of interior lamps and leather upholstery. But it will also have some unusual features for a Cadillac, like a tachometer, usually found only in sports cars. Price of the car: about...