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Publication: European Stars and Stripes Thursday, July 18, 1991

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     European Stars and Stripes (Newspaper) - July 18, 1991, Darmstadt, Hesse                                Page 6 a the stars and stripes thursday july 18, 1991 Greenspan says Economy on Way to solid recovery by David e. Rosenbaum the new York times Washington a Alan Greenspan the chairman of the Federal Reserve Board gave Congress on tuesday one of the most optimistic assessments of the Economy he has offered in years. He proclaimed the recession Over reported a promising signs of a slowing in inflation a predicted a marked Progress on the deficit re a and said he expected the debt of individuals and companies to flatten out after the surge in the 1980s. A at this stage a Greenspan told a House subcommittee a we Are Well on the path of actually achieving the Type of goals which we be set out to. Achieve a solid economic recovery with the unemployment rate moving Down to its lowest Sustai _ Nable Long term rate Greenspan with growth at or close to its maximum Long term sustainable Pace with inflation wholly under  Quot typical of Greenspan not All of his news was glowing. At one Point he said that a convincing evidence of a dynamic expansion is still rather limited and that a we must remain Alert to the Chance that the recovery could be muted or could even  he also characterized the feds current policy As a a posture of watchful waiting Quot presumably meaning that los Angeles apr the police commission on tuesday ordered chief Daryl f. Gates to restore the Powers of an assistant chief who criticized his leadership. Also tuesday the City Council took the first step toward limiting the police chiefs term an important move in starting the process of Gates retirement. Gates has been under pressure to resign since March 3 when a person videotaped White officers while they beat Black Motorist Rodney King. Pressure has increased since an Independent commission last week recommended that Gates 64, retire from the $169,000-a-year Post. Police commissioners criticized Gates for failing to get commission approval when he removed assistant chief David d. Dotson As head of the division that investigates officer misconduct. Dotson had criticized Gates leadership in hearings Lansing Mich. Apr the Michigan supreme court on tuesday let stand a ruling that a woman who admitted smoking crack cocaine hours before giving birth May not be tried on a charge of delivering drugs to her baby. The High court refused to consider the Case of Kimberly Hardy who was charged with passing drugs to her baby through the umbilical Cord. In a unanimous decision the Michigan court of appeals threw out the felony charge in april. In reversing rulings by Muskegon county District and circuit court judges the appeals court said it could not infer that the state legislature intended its drug Deli Easley . Apr a gunman attempting to Rob a department store employee fatally shot two customers tuesday authorities said. The victims were two teen age Sisters. The suspect Larry Eugene Hall 29, was in custody police chief Jack Aiken said. The Man tried to Rob an Easley Wal Mart employee on her Way to lunch Aiken said. Changes in interest rates Are not in the offing soon. The fed Nas not touched the rates it controls since april when it last Cut them. The governments most important economic policymaker appeared before the House banking committees subcommittee on Domestic monetary policy to testify As required by Law every six months about the Economy and monetary policy. He said he and other fed officials expected the Gross National product to Rise Between three quarters of a percent and 1 percent this year inflation As measured by the consumer Price Index to Rise 3la percent to 33/4 percent and the civilian unemployment rate in the fourth Quarter to be 6% percent to 7 percent. The Bush administrations forecast is within those ranges. For next year,.the fed is slightly less optimistic than the administration projecting a Gnu Rise of 2la percent to 3 percent compared with the administrations prediction of 3.6 percent. The Gnu is the total value at retail prices of All goods and services produced by a nations Economy in a Given period. Greenspan confirmed last weeks reports that fed policy makers voted this month to maintain growth of the Money Supply As measured by m-2, at Between 2 / and 6vi percent next year. M-2 consists primarily of checking savings and Money Market accounts and Small certificates of Deposit. In answer to a question Greenspan suggested that the Ideal Long term growth rate of m-2 would be about 4 percent a year. That would accommodate economic growth of about 3 percent and inflation of about 1 percent. An inflation rate of about 1 percent is necessary Greenspan said because the Quality of products in the United states improves each year. Before the Independent Christopher commission. Gates insisted before the police commission that Dotson a removal Wasny to in retaliation for the assistant chiefs remarks. Rather he said he was alleviating some of Dotson a heavy workload. Dotson also said he did not believe the action was retaliation. But Melanie Lomax the commissions acting president told Gates a you did make changes without consulting the Board. We Are not making a judgment on retaliation. What we Are saying is its important to not have the appearance of  meanwhile City Council president John Ferraro introduced a motion to schedule a special election for voters to approve changes in the chiefs Job As the Christopher commission recommended. Ery Law normally applied to drug dealers to apply to women who ingest drugs while pregnant. Hardy 24, was charged after the premature birth of her son Are Anis on aug. 20, 1989. Doctors ordered drug tests because of the infant s Small size and swollen Abdomen and traces of crack cocaine were found in its urine. Hardy admitted smoking crack less than 13 hours before giving birth. Under Michigan Law a fetus is not considered a person until after birth. Prosecutors based the charge on traces of the drug that doctors said would Likely have been flowing through the umbilical Cord after birth and before the Cord was Cut. The employee had no Money and was held at gunpoint for about 10 minutes in a car authorities said. The gunman then tried to take the woman toward the Woods when passers by in the parking lot took notice Aiken said. A As the Man attempted to escape he shot and killed Lori Murphree 15, and Wendy Murphree 19 Aiken said.  team up to bid on Navy bomber from wire reports Bethpage . A three leading aerospace defense contractors announced tuesday that they have teamed to bid on building the Navy a new generation attack bomber. The three contractors Are Grumman corp. Of Bethpage . Boeing co. Of Seattle and Lockheed corp. Of Calabasas Calif. They said they have signed a memorandum of understanding with one another to create a design for the Navy a a a aircraft which is replacing Grumman a a-6 intruder and the cancelled a-12. Grumman said it would be the prime contractor. Quot we recognized from the Start that we needed to merge the strengths and capabilities of our companies in order to win the a a program a said Peter Oram president of the Grumman aircraft group. Lockheed recently won a contract tto build the air forces f-22 tactical fighter Worth about $95 billion. Lockheed was teamed with Boeing the worlds largest manufacturer of commercial  s Home ordered sold san Diego a a judge signed an order tuesday Clearing the Way for the Sale of a White supremacists Home to help satisfy a $12.5 million wrongful death judgment against him. The action by judge Lawrence Kapiloff of san Diego county Superior court should let Tom Metzger a Home be sold within a month lawyer James Mcelroy said. Mcelroy represents the estate of Mulugeta Seraw an ethiopian immigrant killed by skinheads in november 1988. The three bedroom House has an appraised value of Between $135,000 and $145,000. Kapiloff previously ruled Metzger Leader of the White aryan resistance is entitled to $45,000 of the Sale proceeds. A Portland ore., jury issued a multimillion Dollar judgment against Metzger in october after it found that the two skinheads had been incited by the Campaign of racial hatred waged by Metzger his son John and War. The skinheads pleaded guilty in the slaying of Seraw 27, whose Skull was split open in the attack in Portland. -2 airliners tap wings in . Newark . A two air planes bumped wings tuesday night at Newark International Airport slightly damaging both Craft. None of More than 200 people on the planes was injured. Continental airlines flight 683 hit air Canada flight 789 As it tried to go around the stationary air plane on instructions from the Tower said Continental spokesman Ned Walker. Quot its like a Little fender Bender a said Airport manager James Baxter. Preliminary investigation showed damage to Continentals wingtip lights and air Canadas Wing flaps officials said. The Federal aviation administration will investigate Baxter said. The Continental Boeing 727 had 104 passengers on Board Walker said. The air Canada dc-9 had 106 passengers said Robert Pasquale duty supervisor at the airlines reservation office in Montreal. Both jets returned to their terminals and passengers transferred to other planes both airlines  Fogger blows up Home Coweta okla. A a woman gathered up two children a pet Bird and a Puppy before setting off 18 cans of Bug Fogger in her Mobile Home. She stepped outside a and the fumes exploded. Quot she could have got by with two or three Quot said Coweta fire chief Bill Osburn. A Pilot Light Likely ignited the fumes he said. No one was injured in the explosion last week which blew out windows the door and one Wall. Eighteen cans of insect Fogger were found in the rubble enough to treat 90,000 cubic feet Osburn said. The Mobile Home was about 6,000 cubic feet. Dorothy Clayton had just stepped outside when the fumes exploded said neighbor Janice Ramage. % my try Gates told to restore Powers of assistant who criticized him the changes would limit a chief to two five year terms and give the mayor final say in a chiefs selection. Crack user won t be tried for death s. Carolina gunman kills 2 Sisters  
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