Word: hairpins
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Dates: during 1960-1969
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...Vice President's ancestral village lies eight hours away from Athens over a narrow, bumpy country road. It sits in the sunshine on the western slopes of the Greek division of Peloponnesus, six hairpin curves above the ink blue Ionian Sea, an immaculate whitewash of stucco structures with red tile roofs...
...road had been hairpin turns through foggy mountains for the past 20 miles. All at once there was the sign: Boonville, pop. 1,003. Sure enough, there were some shacks along the road. No lights anywhere except the eerie blue glow of a television coming from one window. We stopped there, and after a minute one of the oldest men alive appeared. Stooped, toothless mouth indented, wearing glasses with handmade brass temples that could have been a hundred years old, he looked happy to have someone to talk to. We asked him about a place to stay. He looked surprised...
Sequence of Squeeze. With inflation becoming a reality as prices jumped, the Federal Reserve at midyear made a hairpin turn. It shifted from expanding the money supply at a 6% annual rate to contracting it by a 2% rate, doing so by selling Government bonds to sop up cash. From April to August, the money supply - currency in circulation and demand deposits in banks - dropped from $171.6 billion to $166.9 billion. The reverse was particularly jarring because, simultaneously, loan demands were greatly stepped up as a result of two moves by the U.S. Treasury - which does not always coordinate...
...Mark II prototypes looked like world beaters when they finished one-two-three in February's Daytona Continental, Sebring demands more than mere speed; it is a claw-shaped, 5.2-mile maze of airport run ways and interchanges that has 13 corners (including seven 90° turns, a hairpin and a double S) and 25 gear changes per lap. "Our cars are too heavy for this track," complained Ford's No. 1 driver, Ken Miles. "The Chaparrals have the advantage over us -they're lighter, and they should go the distance with less strain...
Despite its convolutions, or rather because of them (they prohibit extreme speeds), Sebring has never been considered a particularly dangerous course. Nobody had been killed there in seven years-until last week. On the fourth lap, Robert McLean, a Ford dealer from Vancouver, B.C., was gearing down for the hairpin when his Canadian-owned Ford GT 40 careened into a phone pole and burst into flames. McLean died in the fire, but worse was to come. On the 200th lap, Pennsylvania's Mario Andretti tried to downshift his non-factory Ferrari from fourth to third, slammed the lever into...