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The Week in Brief
Study provides fuel for Tweed's expansion phase
Study provides fuel for Tweed's expansion plans
A study of Tweed-New Haven Airport conducted by Yale's School of Management
released this week concluded that if large-scale improvements were made to the
airport, Tweed could potentially stimulate economic growth in the area.
"This study is interesting because it provides scientific and quantitative
data to substantiate our beliefs in the strong economic impact of improving the
airport," Roger Joyce, Tweed Regional Airport Authority chairman, said. He
acknowledged that improvements to Tweed are much-needed. "The demand for air
service is high, and admittedly what Tweed-New Haven provides is terrible,"
Joyce said. "A strong regional airport is an engine of economic growth for the
area."
Currently, the airport only features one regional carrier, U.S. Airways
Express. The airport authority is negotiating with the city to become Tweed's
official operator. It believes that plans to improve runway lengths, services,
parking, and rental car agencies will attract travelers who now fly to and from
New York, Newark, or Providence.
"This study gives us the motivation to continue with improvements that are
currently under discussion," Joyce said.
--Melissa DePetris
Levin discloses budgets or 1998-1999
Levin discloses budgets for 1998-1999
On Tues., Apr. 21, University President Richard Levin, GRD '74, held a media
briefing to discuss the most recent meeting of the Yale Corporation and to
disclose the terms of the operating and capital budgets for 1998-1999.
The operating budget has been set at approximately $1.1 billion, which means a
balanced budget for the second consecutive year. The Administration attributes
the ease with which this was accomplished to a $15.3 million transfer from the
operating budget to the capital budget and to the rapid growth of the
endowment, which stands at a greater fraction of the entire budget than it has
been for the past 25 years.
Levin also addressed the controversy concerning Yale's tobacco investments.
"The Corporation held a full discussion and we took the advice of the
committee, deciding not to divest our tobacco holdings," he explained.
"However, we are still committed to exercising our voice as responsible
shareholders," Levin added. "We will continue to oppose marketing to
minors...and we shall insist that the tobacco companies label all their
products with health warnings."
--Melissa DePetris
Audience joins radio show at Huffington Tea
Audience joins radio show at Huffington Tea
Students who attended the Calhoun Master's Tea on Wed., Apr. 22 with political
commentator Arianna Huffington received a surprise halfway into her talk: the
tea became a part of a live radio show. Huffington, a regular on the National
Public Radio show "Left, Right, and Center," broadcast her part of the show by
telephone from Sledge's living room.
But before Huffington launched into her role as an "equal oppurtunity
offender," attacking both Republicans and Democrats for failures on finance
reform and tobacco issues, she spoke to the crowd of more than 40 students
about her career beginnings and her philosophy of American politics. Despite
saying she wanted "sex off the table"--a line which drew many
laughs--Huffington discussed her stance on recent issues, including the Clinton
sex scandals.
"If we had every politician pass the sexual purity test, we'd have Al Gore
versus Dan Quayle [for president]. Those are some depressing choices," she
said.
Huffington also mentioned the need for the public to become more politically
involved. "I want to reach those Americans that have tuned out [from
politics]," she said. "That's why satire and entertainment are so important."
--Ayon Nandi
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