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Publication: European Stars and Stripes Friday, October 7, 1988

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   European Stars And Stripes (Newspaper) - October 7, 1988, Darmstadt, Hesse                                Page6 the stars and stripes Friday october 7, 1988 House passes Bill to require disclosure of foreign funding Washington a the House ignoring department charges of election year xenophobia has passed a Hill to require major foreign investors to report their . Holdings to the government. The american people have he right to know who holds inc mortgage on  rep. Marcy Kaplur a Ohio declared before the House approved the Bill 250-170 wednesday and sent it to the Senate. The measure would require foreign investors with a significant interest in american property or Busi Ness to report their identities and holdings to the com Merce department it would apply to those owning Marc than s percent of a business or property that is either valued at More than 15 million or has More than s10 Mill Ion in Ann Ual Gross sales. Also covered under the Bill sponsored by rep. John a Ryan a to Cajias. Are investors holding More than 5percent of a combination at two at More businesses or properties valued at More than $20 million or with Linnual Gross sales of More than s-40 million. Those holding controlling interests in american businesses and properties would have to file More extensive reports including balance sheets and the information on the identities and nationalities of Organiza Tion directors. A registry of foreign interests owning property in the United slates would be established by the Commerce department critics of the measure argue it would frighten off foreign capital that benefits the american Economy by Baring business secrets Hal rightfully should remain private. The Issue is confidentiality said rep. Nor Man Lent . This Hill does t have adequate  rep. Jim Cooper. D-tcnn., described the measure As election year xenophobia designed to capitalize on some voters fear of foreigners. And Oiler critics argued that the measure would discriminate against foreign investors because americans do not have to provide the same inform Ion. Capital from overseas helps to reduce the Federal budget deficit and Spur growth in the Economy creating jobs for . Workers inc opponents said. They predicted putting the spotlight on individual investors would prompt them to search out other countries Wilh less stringent requirements. Seventeen Federal agencies already colled data on foreign ownership of american property. But the information is often kept secret even from Congress. And there have been complaints that inc reports that arc released Are often incomplete inaccurate and largely meaningless and thai hundreds of billions of dollars inner investment have gone unreported in recent years. Literary fling a Mother i own prowls the shr let of a Library in Immy fla., looking for two babies who full with her through a Hole in the a Cilinio after the Little family was t a Linly a from in Flutie nest a Loose Tite was blamed for the mishap which caused no injuries. The visa this Ert discovered after hey off a burglar us uni. Stateside fuel explosion damages presidential helicopter quant1co. Is. At1 a minor fuel explosion damaged one of the Marine. Corps helicopters used to transport president Reagan. The explosion occurred tuesday in a hangar at the Marine base Here while a Soldier tested a newly re placed fuel pump. Gunnery sol. Lean Chamberlain said. Sol. Adam a Shelburg suffered a broken leg Chamberlain said. The explosion caused a Small fire that was extinguished before it could spread to the other helicopter in the hangar Chamberlain said. The military Anil engineers from Sikorsky the Hon Copler manufacturer will investigate Chamberlain said he base uses several helicopters to transport the president and docs not anticipate any reduction of service because of inc explosion. Indian administrative Bill to ease burdens approved Washington a president Reagan signed Abill wednesday designed to Case administrative Bur Dens on Indian tribes in connection Wilh a program to Transfer some governmental Powers from Washington to the tribal governing bodies. The Bill amends a Law enacted in i �"5. That pro Vides for tribes to contract for health housing social and government services that otherwise would be provided by the Bureau of Indian affairs. The new legislation responds to requests from tribe that said the 1975 act imposed burdensome administrative requirements on them. Among other things the Bill exempts tribal construction contracts from Federal procurement rules and regulations and provides that Money not spent in one fiscal year can be carried Over to the next year. Man s accidental shot through floor kills neighbor Austin Texas a a Man living in an apart ment Complex killed his downstairs neighbor wednes Day by accidentally firing a pistol through the floor police said. The victim was shot in the Chest while lying in bed. William Howard talc 43, fired his .45-Ealibcr automatic without realizing in was loaded police said. It s like the old saying that More people have been killed with unloaded guns than with loaded guns said sgt. Will Becchino. By Chinor said talc was showing the weapon to his wife the night before. When he awoke in the morning he noticed the gun was half cocked. He pulled the Hammer Back to let it Down and the gun fired he Chi nor said. The shooting Wai ruled accidental by the Travis county medical examiner by Chinor said. The victim s identity was not immediately re leased. Coincidence has computer expert outputting ire los Angeles a Michigan computer expert David frown owner of data recover 1 inc., knew there was a David Brown with a data recovery in California Bui the coincidence did bother him. Then the other David i run was charged Wilh murder. David Ira Brown 39, of Parmington Hills mich., said he became seriously concerned when he Learned a Friend in the computer Industry had received 20 Lek xes and fails wanting to know anal in god s name had gotten into me he said he wants everyone particularly his 100 clients nationwide to know that he and his company arc different from the California David Brown and his company. The Man jailed 2,000 Miles away in abase thai Drew National attention is David Arnold Brown 35, of Anaheim who was charged last month with Mur Dering his Wile for $1 million insurance in 19rs and getting his teen age daughter to take the blame. The daughter. Cinnamon now 18. Was found hours after the slaying in a Back Yard Doghouse suffering from a drug overdose. She clutched a note that read rear god please forgive me. I did t mean to Hurt  prosecutors filed charges against her father after cinnamon having served Ihrcke years in in youth detention Center began talking. The Michigan drown said tuesday by Telephone thai he knew of the California Man and the identical business name an had talked to him about in at least three years ago. We kind of aug cd about it he said. He Learned of the arrest a week and a half ago. A Friend that s in the computer Busi Ness called me at Home and said guess who s in jail for murder1? and 1 just jokingly said. A Dunno your brother George a and he said sit Down he says David Brown owner of data recovery i said what kind of joke is this he said a Guy out in California.1" the next Day he was installing com Puter equipment for a customer when a worker tic has known for years came in Sal Down and told him she was going task something that no one else had the nerve to ask. She handed him a front Page article on the arrest he said after 1 read the article she said what have you got to do with that i looked at her Ana i said Well obviously nothing. I m not in jail " records at Anaheim cily Hall show Hal David Arnold Brown look out a License in 1982 for the name data recovery data Safe technology. In 1988 he received a License for the name data re covery David Ira Crown said data recovery inc. Was incorporated in Michigan inti. The Michigan. Crown. Who has been married for 17 years said his parents advised him to change the name of the company which docs about $600,000 to $700,000 in business a year but he does t want to because of the reputation he has established. He said he has t lost any clients but Calls have been very sparse this  All of inc customers that 1 have talked with have apologized up and Down for even thinking in he added  
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