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Publication: European Stars and Stripes Saturday, October 13, 1990

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     European Stars and Stripes (Newspaper) - October 13, 1990, Darmstadt, Hesse                                Made stripes Quot a a wholesale prices take a big leap. A Pennsylvania Man wins $50 million Ohio Jackpot. A pm unveils Saturn models. A general sees need for troops in Europe. The of amp Aad amp Fries authorized unofficial publication for the . Armed forces Good morn Ribov vol. 49, no. 182 saturday october 13,1990 a a 25 daily and sunday d 8693 Ano Relief seen for Dollar by Marynett staff writer the Dollar slumped to a historic Low in Germany on Friday dropping to 1.49 Marks in military Banks this weekend. A a it a ridiculous a said staff sgt. Ray Farinas of he co . Military Community activity in Wurzburg. A you can to afford to buy anything downtown. If you can to find something on Post and you have to go off Post you have to spend a lot of  the Greenback has lost about 29 percent of its value in Germany since september 1989. As a result shopping downtown can Blitz an americans budget As Farinas knows All too Well. Germans by comparison have been Able to enjoy relative Price stability. According to figures supplied by the German state of Hessen a pair of pants Cost an average 125.04 Marks in september 1989. That average Cost climbed to 127.98 Marks this past september. That a not so bad for the German buyer. But the sagging value of the Dollar Means a big Price leap for Green paying the Price menus pants 1989 do Cost Dollar Cost women a skirt 125.04 $63.47 do Cost 108.03 112.65 Dollar Cost $54.84 $75.60 Beer 0.5 liter bottle 1990 127.98 $85.89 do Cost Dollar Cost 94 pfennig 48 cents $1=1.97 do $1=1.49 do sources amps research 96 pfennig 64 cents Back earning Consumers. In september 1989, when the Exchange rate was 1.97 Marks the pants would have Cost $63.47. Now at a rate of 1.49, the Cost has shot up to $85.89. That a is just one example. Here Are some others a an average priced skirt sold for 108.03 Marks last year and meant an outlay of $54.84, at 1.97 Marks to the Dollar. Now such a skirt would sell for 112.65 Marks and Cost $75.60. A a 0.5 liter bottle of Beer Cost 94 pfennig last year or 48 cents. Now it costs 96 pfennig or 64 cents. A a 3-Kilometer taxi ride for two was 9.45 Marks or $4.80, last year. At fridays rate it would mean forking Over $6.34. Where will it go from Here some financial experts agree that the snaky financial situation in the United states will probably mean a Low Dollar throughout the �?T90s. A How any Modem country can survive with such a see Dollar on Back . Has attack plan paper says Paris apr . Military officials have drawn up plans to free Kuwait and defeat Iraq in a four Day offensive that would leave Saddam Hussein a armed forces in ruins a French newsmagazine reported Friday. La express said it obtained an outline of a operation night camels from an unidentified adviser to . Defense Secretary Dick Cheney. The attack would commence on a moonless november night with an air As Sault by . Warplanes dispatched from Turkey saudi Arabia and the aircraft Carrier Independence la express said. The planes including b-52s equipped with cruise missiles would attempt to destroy iraqis air Power neutralizing radar systems bombing missile bases and attacking air bases before iraqi planes could launch counterattacks la express said. A by Dawn Iraq has lost All capacity to react a the Magazine said. A this first phase would have lasted less than six  in the second phase la express said warplanes and missiles would be used to a a annihilate iraqis entire military Industry. Targets would include nuclear facilities chemical weapons depots arms factories command bunkers and the main Highway to Kuwait. Also during this phase an air attack would be mounted on iraqi tank units massed near the Border with saudi Arabia la express said. The goal of the third phase would be to Cut off links Between Kuwait and Iraq la express said. It said Green berets and Navy commandos would infiltrate behind iraqi lines to disrupt communications. Then it said the multinational Force would launch an offensive along the see plan on Back Page plan to tax wealthy gaining in House Washington a House democrats rallied around a literal budget plan Friday that lays new taxes on the wealthy. Divided republicans meanwhile seemed ready to ignore president Bush a conclusion that a deep Cut in the capital gains tax is dead. A there was a very Strong positive attitude on the part of members a speaker Thomas s. Foley d-wash., told reporters after a democratic caucus. A a there a a sense of  the democratic plan would boost taxes on wealthier americans and offer a Small capital gains tax Cut for Middle income families. It is one of Many budget proposals sprouting All Over Capitol Hill amid frustration Over Bush a Blurry position on taxing the Rich. House republicans were Honing a plan that would hold this years spending last years Levels. It would also Cut the to rep. Dan Rostenkowski chairman of the House ways and Means committee  panes pans for a budget Compromise that would raise taxes and trim the capital gains tax deeply while gently raising income taxes on the wealthy a Trade Bush likes but has said is unattainable because of democratic opposition. At the White House Bush said he was optimistic a a sound budget agreement could be found. A it will take a Little work a Bush said during a picture taking session in the Oval office with visiting leaders from the soviet Republic of Estonia. A just stay Calm a it will All work  Bush a spokesman Marlin Fitzwater ridiculed the democratic plan saying a a it a the same democratic approach we be seen for years and years trying to increase spending and increase taxes to cover  he said Bush would meet with various lawmakers during the Day to urge adoption of a plan As close to the rejected initial $500 billion five year package As possible. A we want to keep the pressure on getting an agreement a Fitzwater said. The frenzy of budget writing was aimed at finding $500 billion Worth of tax boosts and spending cuts for the next five years that Congress could Send to Bush by oct. 19. The governments Legal ability to spend Money ends that Day and the president has vowed to allow a government shutdown like the one that occurred last weekend unless lawmakers Send him a budget he likes. Things seemed less partisan in the Senate where finance committee chairman Lloyd Bentsen a Texas refined his own proposal in an Effort to draw gop support. The new plan dropped proposals to see Bush on Back Page  
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