European Stars And Stripes (Newspaper) - August 6, 1987, Darmstadt, Hesse Thursday. August 6, 1937 the stars and stripes Page 9 House panel oks Bill restricting imports of Gray Market autos by Chuck Barru Washington a Bill hat would restrict the importation of foreign can that Don l meet . Safely standards we approved tuesday by the House Energy and Commerce committee. The legislation sponsored by Whitaker a Kan. A designed to control Gray Market foreign an that an converted to meet . Specifications after being brought into the state. Committee scatter Bob Bergman said the Bill the imported vehicle safety compliance act of 1987, deals Only wit safety Specif cations not emission Stan Dard. Sufficient Laws governing emis Sion standards of foreign can brought into the United slates an already on the books he said. Overseas service members who now own foreign built can and intend to bring them Back to the slates would be protected from the Bill s requirements by a Grandfather provision Bergman said. Those who bought foreign cars be fore this Bill we enacted and brought them to the states within four years of the enactment Date would t be bound by the Bill s requirement he said. The main provision of the Bill would direct owners of Gray Market can to Deal Only with importers who Register wit the transportation department As Quali fied converters bar feta hid. Those importers would be res Pons ble for making sure that the cars Are brought into compliance with . Stan Dards he said. To avoid problems with cans that can t be converted to meet . Standards the Bill would direct the transportation department to establish a list of cars that could be readily modified Bergman said. Such a Lisl probably would include More than 1,000 models he said. Requests that specific models be included on the list could be made by either registered conversion firms or car owners. The Bill also would make the conver Sion firm responsible for warranty work on imported can. Giving car owners a greater degree of warranty Protection Bergman said. The Gray Market grew earlier in this decade is the Dollar gained strength against overseas currencies. Bergman said. About 2,400 such cars were imported in 1980. But by 1985, when the Dollar peaked the number had skyrocketed to 67,000. That dropped to 24,000 last year and the estimate for 1987 is about 10,500. Service members often Lake advantage of a Strong Dollar to buy foreign cars thai might otherwise be too a pensive. Even after the Cost of converting the cars to . Standards is included the total Price can be less than the Cost of a for eign car that is factory built to . Stan Dards. Bergman said whip taker s concern Over i he Issue was spurred by a 1986 general accounting office report that stated the Gray Market program As now operated docs not have sufficient controls to ensure that the vehicles tix being modified to meet Federal safety Whitaker s Bill according Loberg Man is a Compromise Between lawmakers who want the Gray Market Hul Down completely such As rep. Matthew Rinal do in j., and those who want to keep the Market open such As rep. Thomas Bliley Rva. Both lawmakers arc co sponsors of Whilia Ker s Bill. The same legislation was introduced last year in both the House and Senate but it was incorporated into a Highway safely Bill that was never considered b Congress before it adjourned Bergman said. The Senate has t addressed the Issue yet this year but they la probably go along with this Bill he said. Class on aids attracts few As expected by organizers aids in . By Janet d Agostino medial writer lands Uril Germany health professionals did t expect a sellout crowd at the aids information class tuesday evening at lands Uhl army regional medical Center so they set out Only a few rows of chairs brewed a Small pot of co face and ordered Only dozen or so pastries. Their predictions were Correct. Less than a dozen people showed up for the slide show videotape and discussion on acquired immune deficiency syndrome. But they were satisfied in knowing that the people who did show up would have accurate information about toe disease to pass on to their friends and families. Are you a bit disappointed with the turnout chief warrant officer Jim Brughelli asked he professionals who organized the class. Tacoma Ray � Community health nurse said i m disappointed but not people ire afraid of the stigma associated with the disease which most frequently affects homosexuals and drug addicts As Well As being afraid of the disease itself she said. People say to themselves if i m caught in this class someone May think t have something to worry about " she said. But even with just a few people Here you can go and Tell other people what the Correct information it. Cot. Robert Mays chief of social work service at Lan Stuhl said i believed we would have a Small turnout but that s of. I think the word will gel out the people who did attend the Doss came for various reasons. I want my wife and son to know the facts Aboul aids said Brughelli who is assigned to he Btry 94th air defense arty brigade. My son is 14, and we want him to be aware of what conditions exist in the world his wife. Cooky said i read a lot about aids but i still fell like 1 did t really understand aids is caused by the human immunodeficiency Sims which destroys the immune system making in vulnerable to infection and disease. It is spread by intimate sexual Contact and blood to blood Contact such a transfusions and the sharing of Needles. In can also be passed from an infected pregnant woman to her baby. Although the majority of victims continues to be homosexuals and drug addicts the aids infection is slipping into the heterosexual population Joyce under a Kaiserslautern elementary school teacher said she wanted to know More about aids because we All need to know exactly what in is and How to prevent it As a divorced person i m really concerned about dating because you Don l know who s done what. You want to ask people who they have been with but you cant do Anna Hasty a civilian living in kaisers Lauvern said she happened across the aids class by Chance because she thought she was attending another class. She had confused the Dales but stayed for the aids Tresenia lion because she found the information interesting. I thought i was pretty Well informed but i found i had More to learn she said. Mays said health professionals from social work number of eases diagnosed per year in thousands 13.8 9.8 5.6 1981" -82 -b3 and before Chicago Tribune graphic source can Lent for dream control 84 -85 6 service and the preventive Medicine department arc offering the courses because they want to share with he Public the information about aids thai until now has been directed toward service members. We do know service members have informal for about aids we want to in to the Community h said. Our goal is to Plant a seed of hesitation be on people do something that could harm them. The aids classes will be held from 7 . To 9 every tuesday during August and september in Hea ton auditorium International investments soaring Sec reports Washington a americans purchased i record si02 billion in for eign stocks last year but that amount was dwarfed by the record 277.6 billion foreigners invested in . Stocks the securities and Exchange commission said wednesday. In a major study of International in vestments the Sec told Congress that investments across International bound Aries have soared since 1980. The Sec report also said the total amount of International bouts mushroomed from Jib billion in 1980 to $254 billion in 1986. Of the 19s6 total Only in billion was raised by . Investors. Other nations have been investing in . Corporations at a far faster Pace than . Investors have been investing in overseas securities. By the end of 1986 the total Market value of . Stocks was $2.6 trillion or 43 percent of the worldwide Loul Down from a 56 percent share just two Yean ago. Foreign investment by . Private pension fund Hal grown dramatically from s3.3 billion in 1980 to approximately 145 of lion in 1986.the Sec report was prepared for the House Energy and Commerce subcommittee on telecommunications and finance which was holding a hearing on the findings wednesday the staff report said Tough . Disclosure regulations while ensuring investor Protection May discourage some for eign investors and move trading off Shore adversely impacting the ability of . Markets to compete with others. Between 1978 and 1986, japanese markets grew at an annual Rale of 23percent, italian markets at 39 percent British markets Al 18 percent and . Markets at 14 percent. As International markets grow con Cerns about the efforts by the Sec and self regulatory organizations to regulate these markets will the stud said. The degree to which the world s securities marked have became internal Iona lived is unprecedented the report said. The ability to move capital Quick across National boundaries and to engage in securities transactions through off Shore entities provides new mechanisms for the unscrupulous to engage in Securi ties fraud presents new obstacles for Law enforcement agencies the Sec study of the relative increase in for eign markets is directly due to the devaluation of the . Dollar Over the past few years particularly against the Japa Nese yen la study said.. Companies More and More Are borrowing Money from foreign investors through the Sale of Bonds the report said
