Word: sighting
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Dates: during 1990-1990
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...discovered Robert Mapplethorpe early last year on one of my many browsing tours of the Harvard Book Store. Coming from a society stifled by religous dogma, Mapplethorpe showed me a whole new world of expression. The New York artist's photography was a fascinating contrast of individual sight, perception and depiction. But just like the video is no substitute for movies on the big screen, a book is no substitute for the experience of standing in front of four larger than life images of Ajitto huddled up on a pedestal. So, this week, I went to the Institute of Contemporary...
...secret visits to the island. Once there, flown in surreptitiously via Mexico City, the Americans were shown scale models of prime beachfront property and asked to select one for future development. Intriguingly, these displays were set up just outside Fidel Castro's office in Havana. Castro was nowhere in sight during Carlson's visit, but Pritzker was treated to a 2 1/2-hour meeting with the leader. No deals are possible until Washington lifts its trade sanctions. But both hotel barons were assured that Cuba is willing to discuss friendlier relations with...
Sobered by the sight of beleaguered billionaires and the collapse of corporate empires strung out on debt, U.S. consumers are hunkering down. They are borrowing less, shopping carefully and saving more. During the first six months of 1990, according to the Department of Commerce, consumer spending growth was flat. At the same time, consumer debt rose at an annual rate of only 3%, down from 7.6% in 1989 and 8.5% in 1988. Edward Hyman, chief economist at C.J. Lawrence, Morgan Granfel, a Manhattan brokerage firm, predicts a virtual standstill in consumer borrowing for the next 12 months, a phenomenon...
...contractors such as Lockheed, Northrop and McDonnell Douglas may dismiss as many as 20,000 of their 125,000 workers by year's end. And California agriculture, the state's largest industry, is suffering through the fourth year of a severe drought. "There's no engine of growth in sight," says Larry Kimbell, director of the Business Forecasting Project at the U.C.L.A. School of Management. "In the past, one sector after another took the lead in sustaining the economic expansion. But we currently see no such activity on the horizon...
...productive if you don't go to college? The answer is no. We have not dignified alternatives to college. We are the only country in the industrial world that says to 1 out of every 4 of its young people, We are going to let you drop out of sight; we are not going to give you the tools to be productive. No wonder they drop out, because the market signal says to them, We don't care about you, so leave school. If you haven't got anything, $4 an hour sounds like a lot of money. The trouble...