Discover Family, Famous People & Events, Throughout History!

Throughout History

Advanced Search

Publication: European Stars and Stripes Sunday, November 18, 1990

You are currently viewing page 66 of: European Stars and Stripes Sunday, November 18, 1990

     European Stars and Stripes (Newspaper) - November 18, 1990, Darmstadt, Hesse                                Page 4 a a the stars and Stripe Bush admits recession is a possibility Washington apr consumer inflation slowed slightly in october but economists said that it is a near certainty that the nation has Slid into a recession. Meanwhile president Bush wrapped up a week of hastily called meetings with his economic advisers and leading . Business executives As the administration scoured for ways to alleviate the pain from any economic downturn. Bush received a generally Bleak assessment of the Economy s prospects from the executives leading the president to acknowledge the possibility of a recession for the first time he continued to insist however that any downturn would be Brief and relatively mild. A most seem to feel that if we have a recession it will not be deep and that Well come out of it relatively soon six months at most and i would like to think that is True a Bush said in an interview with Cable news network. The labor department reported that the consumer Price Index Rose 0.6 percent in october better than the 0.8 percent spurts that hit in August and september As Oil prices surged after Iraq s invasion of Kuwait. In a separate report the labor department said americans average weekly earnings after adjusting for inflation plunged 2.1 percent in october. It was the largest decline since a 2.3 percent drop in april 1979. The average weekly wage before adjusting for inflation was $349.85. So far this year inflation has risen 6.7 percent Well above the 4.7 percent rate for the similar 10-month period last year the government said. In october food costs Rose 0.4 percent double the 0.2 percent increase of september the government said a slight drop in fruit and vegetable prices was More than offset by larger increases for other grocery store products such As meats poultry and eggs. _ medical care prices jumped 0.8 percent following similar Sharp increases in August and september. Those prices Are now 9,4 percent higher than they were a year ago. New car prices Rose 0.5 percent in october while housing costs were up 0.3 percent the report showed. A fetching fall Day life a a Beach a and a game of fetch a a for Scott Teich and his dog gusto As they Romp in the afternoon Sunshine along the Shore of Hampton Beach n.h., on thursday. Unseasonably warm weather in parts of new Hampshire coaxed people out of doors to savor some Date fall  makes appearance denies charges Washington a sen. Alan Cranston actively solicited contributions from savings and loan owner Charles h. Keatingjr. At times when Keating wanted help with Federal banking regulators the Senate ethics committee s special counsel charged Friday. Cranston denied any wrongdoing. A i engaged in no unethical conduct a he said. A you know that i broke no  Cranston who is ill with prostate cancer made his first appearance in two Days of hearings. He spoke after two other members under investigation John Mccain r-ariz., and John Glenn a Ohio issued similar declarations of innocence. Still to be heard were Dennis Deconcini d-ariz., and Don Riegle a Mich. All five Are under investigation for their links to Keating whose Lincoln savings and loan failed at an estimated Cost to taxpayers of $2 billion. Earlier committee counsel Robert s. Bennett outlined his Case against Cranston a on approximately four separate occasions senator Cranston accepted or solicited several Hundred thousand dollars from or. Keating for his campaigns or voter registration drives to which he was closely associated Bennett said. A each of these four occasions was linked by time and circumstance to a request by or. Keating for assistance with Federal Bank regulators Bennett said. In arguing his Case Mccain told the committee a i know i acted ethically and properly and in compliance with All applicable standards of conduct including my eted no Money a that there was no personal gain for me or any member or my family. I never recommended much i de own Glenn testified that a at no time did i ask for special treatment for anyone and at no time did i Trade favors or perform actions in return for  when his turn came Cranston told the committee that Quot you know that i pock less demanded that any government official do anything improper or Grant any constituent any special  Bennett said Keating made a $100,000 contribution to a voter registration project associated with Cranston on March 3, 1987, less than a month before Cranston and other senators met with top Bank regulator Edwin Gray on behalf of Keating that fall Keating gave another $250,000, and six Days later Cranston called Gray a successor Danny Wall. Bennett cited a memo to Cranston from one of his fund raisers who said Walls appointment was a Good news for Keating. The same memo said a you should ask Keating for $250,000 Quot at the time Keating was seeking to have Bank regulators waive a Rule limiting risky investments by Lincoln. The Days hearing began on a dramatic note when Cranston a lawyer asked that one of the six committee members sen Jesse Helms be barred from judging the California Democrat. Helms speaking under oath stoutly denied the charge by Cranston attorney wit Liam a Taylor Iii that he had already made up his mind in the Case. He refused to step aside and the hearings continued. Taylor cited reports from Helms recent successful re election Campaign in which the North Carolina Republican had referred to Cranston As the leading water carriers for Keating. A it appears to me that a reasonable person would conclude that senator Helms has not Only made up his mind about the Issue but that he Nas already said so a said Taylor. Helms acknowledged making the remarks and said he did so after is democratic opponent in the Campaign received a contribution from Cranston a political action committee. Stormie died of heart rejection doctors say  / a non a _ r. A. A it a. _ a Pittsburgh apr Stormie Jones the worlds first heart liver transplant recipient died of an unusual rejection of her transplanted heart doctors said Friday. The cause of her death surprised doctors at children a Hospital of Pittsburgh where Stormie had her historic operation in february 1984. Its unusual for heart rejection to occur so Long after surgery said or. F. Jay Fricker a paediatric cardiologist. A a in be never seen it occur or reported in the literature before a he said at a news conference. A a it a unique that it happened this late and so  Stormie died sunday at children a Hospital after being rushed from her Home in White settlement Texas with a sore Throat and fever. She was 13. Fricker said its not known Why the heart was rejected. He said Stormie showed no signs of heart trouble doctors said they would study whether the unusualssdrenr1515 a a Osbu go hospital8 meanwhile Stormie smother said thursday cherished the time she had with her daughter because she knew time was Short. Quot everything butt Stormie did was to me special be some Day we wot Dot Hare Stormie anymore a Lois a a suzies Purcell said in Herfst Public comments since Stormie died. In the six years since the historic transplant Oplt Tion Stormie had endured Organ rejection Bepari and a second liver transplant last february. Purcell thanked the hundreds of people she has no met who sent encouraging wishes during Stone a a year struggle for life. About 1,500 people Are expected to attend a up funeral service set for saturday. A i wanted to make sure that everybody in deist that i appreciate All the Comfort the financial help it moral support that these people have been Over the seven years a Purcell said  
Browse Articles by Decade:
  • Decade