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Publication: European Stars and Stripes Sunday, November 16, 1986

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   European Stars And Stripes (Newspaper) - November 16, 1986, Darmstadt, Hesse                                Sunday november 16, 1986 the stars and stripes Pago 7 Reagan vetoes Nasa spending Bill Reagan on Friday vetoed the had a Rea 1yhaj been appropriated. Necessary bureaucracy the National priorities hat he said Don t reflect thevr i . Nua Nasa automation Mil for 1987 Bec Oseit con ,1. .".?T51011 Hal he would ruji"110an create additional and unnecessary Bureaucracyin issuing the pocket veto so called because he disapproval came while con Gress was not in session Reagan said aaa s space programs won t be affected because the Money for 1987 Al ready has been appropriated. The authorization Bill included con Gressional approval for building a fourth space Shultze w replace the challenger which exploded on liftoff on Jan. 28. It provides 1272 million to begin Che last Reagan took exception to a provision thai would establish a National space Council in the president s office to advise him on space related mailers besides creating additional and unnecessary bureaucracy the l space Council would duplicate the functions of the incr Agency bodies the senior inter Agency group space the inic Agency group space and the eco nomic policy Council that already co ordinate the development and implementation of space policy the president s memorandum said. Reagan said he also is troubled by two other provisions of the Bill. One would Sci space shuttle launch priorities that he said Don t reflect the importance the administration Puls on developing a commercial launch Industry or his decision to allow Nasa to launch certain foreign payloads. Another would impose a buy Ameri Ca restriction on certain Nasa procure ment Aeiiviereagan said violating Trade and Tariff agreements. Enactment of his proposal could subject the United Stales to significant retaliation by other Countriesarmy told it should do More to protect ammo a Acuri run Jin. _. Shuge stocks of ammunition Andbut the service still against theft. Sen. Tote army has recently instituted new guidelines and procedures which i think will Cut Dow i on the loss and theft of military explosive Ordnancehe said at a news conference but there Are still problems that undermine their accountability Over munitions Wilson released a study by the general accounting office the congressional investigative Arm which re viewed the Way the service accounts for munitions at the sprawling port Bragg Complex significant amounts of munitions were found at unauthorized locations during a review this ear the Gao said including 148 pounds of the powerful c-4 explosive and 142 pounds of dynamite. Wilson Heads a task Force of the Senate armed sen Tea committee which has been investigating proce dures for safekeeping and tracking of the millions of various items in the Pentagon s inventory. The Gao report on fort Bragg was the latest in a series of critical studies issued by the task Force. In Ripon in. The Pentagon has taken Steps to increase the accountability and has ordered improved accounting procedures and More inspections to catch losses and then. Pentagon officials did Noi immediately return Tele phone Calls Friday seeking reaction to the Gao report. Rut in the report. Pentagon officials Laid the munitions found Al fort Bragg were turned up because of in creased inspections and they also said the new pro Grams will reduce future losses. Sec fines inside trader a record $100 million Washington api the Securi ties and Exchange commission in its toughest move Ever against inside Trad ers Friday imposed a record 1100 Mil lion Penally against Ivan f. Boesky and barred him from working in the Securi ties Industry Boesky also agreed to plead guilty to a criminal charge the Sec said Boesky violated Securi ties Laws by purchasing securities while in Possession of inside information. Federal Law forbids so called insiders with Access to non Public information from using it to Trade in securities. . Attorney Rudolph Giuliani said Boesky agreed to plead guilty to a Federal criminal charge stemming from the same investigation but declined id say specifically what the charge was. He said Boesky also agreed to Cooper ate in the investigation. In a statement handed out by a representative Boesky 49, said deeply re Gryl my past mistakes and know thai i alone must Bear the Consequencesboesky was the latest in a Long line of Wall Stitt tors to be lied to an insider Case thai began May 12 when the Sec charged Dennis Levine a former Man aging director at the investment firm of Drex i Burrt Bam Lambert inc. Levine pleaded guilty to four counts after Federal officials charged him Wilh amassing si2.6 million in profits from trading on inside information. Levine has been described As the Een iral figure in a ring of Wail Street professionals who swapped confidential information. Sec chairman John Shad said Levine helped investigators build the Caw against Bonky. The Sec complaint alleged Levine Dis closed to Boesky inside information concerning a possible merger of Nabisco brands inc. And r j. Reynolds along Wilh alleged insider information about Houston natural Gas corp., american natural re sources co., general foods corp., Union Carbide corp., and Boise Cascade corp. Roesly chief executive officer of Ivan r Boesky and co. Has worked in the Securi ties business for More than 20 years. Financial world Magazine last june estimated he made $100 million last year alone. Shad said Bow ire s penalty includes Iso million for Boesky Brocsky s profits allegedly obtained by his illegal insider Trad ing and a 150 million civil Penally. According to terms of the sell lament Boesky will pay Iso million directly in full a. Treasury with the other Iso million put in an escrow account for later distribution to investors determined by a Federal court to have suffered from Brocsky s in Sider trading. A week ago Ira b. Sokolow. 32, of great neck n.y., a former investment banker for the investment firm Shear Van Lehman Brothers became the Firu person to be sentenced in the Levine Rase. He was Given a year and a Day in prison for his part in the scheme and is scheduled to begin serving his sentence dec. 5. Message for mothers this id is part of a nationwide Campaign launch til by the March of dime to Peanut or pregnant Wann la avoid using drags alcohol and tobacco Mommy. Dent Kri links titles to birth defect. The such army honors builder of memorial to . Airmen by Norman Black a military in Ritro Washington a korean who has spent More than 40 years creating and maintaining a memorial to fallen world War i american airmen was honoured Here Friday with the army s highest award for civilian service. Kim Duk Hyung received the decoration for distinguished civilian service from army Secretary John o. Marsh during ceremonies Al the Pentagon. Eighteen other people were cited for achievements ranging from heroism to management prowess. Kim was cited for his extraordinary dedication to the cause of International brotherhood and humanity As evidenced by the sub Vishnu Iii of a memorial la american War dead and his continuing i Lorli in pro Moling Korea american Friendshiphe presented Marsh Wilh a photograph if the j j Vij foot memorial he erected Al the Summit of Mug noun Mountain on Nam Hui a Small Island off 1 lie Suu Hern coast of Korea. The memorial Marks the location where a b-j4 crashed on aug. 7, 194i, just one week before the end of to id War 11, killing All 11 crewmen. Kim took it upon himself to locale the bodies of the airmen and to Sec that they were properly buried actions that resulted in his arrest by japanese occupation forces and subsequent Torturo. The Conj of the War on aug. 13, 1945. Led of his release and a decision to sponsor annual memorial services for the airmen. Kim went on to organize the War memorial a Civ Hies association far . War dead and to begin con Siru Clion of a Aranie memorial on the Mountain top. Construction stopped with the outbreak of the korean War and Kim s Anesi by North korean forces after they discovered he had assisted retreating . Forces during the Early stages of the War. He escaped after several Days of confinement and who the conclusion of that War resumed cons Duclion work on the memorial completing it in i9s6. Now 71, Kirn has launched another project to construct a memorial Hall in Nathai in which the annual remembrance ceremonies can be held  
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