European Stars and Stripes (Newspaper) - May 11, 1992, Darmstadt, Hesse                                Monday May 11, 1992 the stars and stripes a Page 5overhaul of Campaign financing vetoed by John e. Yang the Washington Post Washington a president Bush vetoed legislation saturday that would have revised the much criticized system for financing House and Senate campaigns extending the partisan deadlock Over what to do about the escalating costs of congressional races. The measure is the first Campaign finance Bill to pass Congress in a decade of partisan bickering Over the Issue. Bush said he rejected the Bill which he called a a taxpayer financed incumbent Protection plan a because it would have established Public subsidies and other incentives to encourage House and Senate candidates to accept spending limits and because it would not have eliminated contributions from political action committees. A in addition to perpetuating the corrupting influence of special interests and the imbalance Between challengers and incumbents a Bush said the measure a would limit political speech protected by the first amendment and inevitably Lead to a raid on the Treasury to pay for its elaborate scheme of Public  Fred Wertheimer president of common cause a Public interest lobby group that has Long pressed for changes in the Way campaigns arc funded said Bush had a chosen to preserve and protect the corrupt Campaign finance system in Washington rather than help Lead the Way to Basic  the veto is unlikely to be overturned. Under the measure House candidates would have had to agree to limit spending to $600,000 and Senate candidates would have had to accept spending Caps of up to $5.5 million to qualify for Federal Campaign funds. It also would have limited political action committee contributions curbed the flow of a soft Money a unregulated contributions from party organizations a limited personal spending by wealthy candidates and closed other loopholes through which special interests May influence campaigns and the conduct of congressional business. The Public subsidies would have Cost Between $100 million to $150 million for a two year election Cycle according to congressional estimates. The measure did not include a method for funding that system. The Public financing system for presidential Candi dates is funded by the voluntary $1 checkoff on individual Federal income tax returns. Bush contributes to that fund which will have provided an estimated $200 million for his vice presidential and presidential campaigns by the end of his current bid for re election. The veto comes at a time when the Bush Quayle Campaign and the Republican party have been criticized for their fund raising tactics. An april 28 dinner held in Bush a Honor to raise an estimated $9 million for Republican congressional candidates collected Large sums of soft Money. Large contributors were eligible to mingle with top administration officials at special receptions breakfasts and other events. The largest single contribution was $400,000 from businessman Michael Kojima but court records show he owes hundreds of thousands of dollars in Legal judgments on business deals. The Bush Quayle Campaign also has received Money from corporations that have a bundled Quot individual contributions collected from their employees a practice that Bush has said he opposes. Contributions from corporations themselves Are illegal. The Campaign of Likely democratic presidential nominee Bill Clinton also has benefited from bundling. In the stars and stripes 10 years ago May 11,1982 a amid a fierce and escalating Campaign against Western propaganda Poland a military authorities ordered the expulsion of two . Diplomats for allegedly Quot receiving sensitive information harmful to the  20 years ago May 11,1972 a . Warplanes shot Down seven migs while carrying out the deepest and heaviest air strikes inside North Vietnam in More than four years the . Come announced. The Downing of seven migs in one Day was a record for the Vietnam War. 30 years ago May 11,1962 a defense Secretary Robert s. Mcnamara inspected South Vietnam a War Effort against communist guerrillas and praised . Military advisers As an a extraordinarily Able group of  40 years ago May 11,1952 a Brig. Gen. Francis t. Dodd was freed after being held hostage for four Days by prisoners of War on Kobe Island. The army did not disclose what concessions it made to gain Dodds Freedom from the More than 6,000 inmates of compound no. 76, where the general was held. Worl d War 50 years ago today a in a to j 11 May 1 9 .4.2 retreating Britten forces in Burma turn at Kailewa to slow the japanese Advance and then resume the withdrawal toward Imphal across the Border in India Japan begins an offensive in China s Chen Chiang province. In the Mediterranean three British destroyers Are sunk by warplanes from a specially trained Luftwaffe unit on Crete. Canada s parliament votes in full conscription. Source 2194 Days of War w h Smith a us Fishers inc world almanac Book of world  ii. Bison books corp .1901 sex policeman to go on trial in Bank heist Denver apr a retired police sergeant faces trial this week on charges of killing four unarmed Security guards and stealing nearly $200,000 in a Bank robbery. Jury selection was set to get under Way today in the trial of James w. King who allegedly gained Access to the United Bank of Denver on june 16, 1991, by impersonating a Bank vice president. King 55, known As a quiet easygoing chess enthusiast worked As a guard at the Bank for about a year after retiring from the Denver police Force. The gunman made off with guard log a apes to a have revealed his identity. The slayings Trig sheets and Security videotapes that might gered one of the most intensive manhunt in Denver since White supremacists murdered radio talk show Host Alan Berg in 1984. King was arrested july 3 outside his Home near Golden and is in jail without Bond. The trial is expected to last four weeks. Among the charges Are murder and aggravated robbery. Prosecutors planned to seek the death penalty. Armed with a Large Caliper pistol the gunman confronted five Bank employees sorting business receipts on a sunday in a basement counting room. He demanded at least $100,000, locked the employees in the vault and disappeared. The bodies of three guards were later found in a basement Security control room. The fourth victim was found hours later elsewhere in the basement. All had been shot. Authorities said King once described to a fellow guard How he would Rob the Bank. The scenario was nearly identical to what investigators believe happened at the United Bank of Denver. The Money the Security videotapes and the murder weapon have not been recovered. Old West meets new West cowboys and cowgirls on horseback ring 45 head of cattle As the Herd is driven straight through Denver a financial District on saturday morning. The cattle drive was the Kickoff event for historic Denver weely which is held annually. But history buffs reminded officials that it was the first cattle drive to go through the mile High City in More than 100 years. Town official takes gibberish out of jargon Romulus Mich. A this suburban Detroit Community coalition is trying to make sense of the jargon that is snarling its work. Jim Jones executive director of the downriver Community conference has put together a list of 250 acronyms to help members Tell their babes from their toes and their jobs from their jars. A it gets to be Doublespeak a a said Romulus mayor Beverly Mcanally the conference chairwoman. A every other word is an acronym or a contraction. If you done to have a glossary you done to know what they re talking  the glossary will help representatives from 15 communities identify a2c2 As the Ann Arbor Community Center or family As fathers and mothers in league with youth. A a it a government Ese a said Jones whose Agency oversees programs in economic development affordable housing employment and training and substance abuse. A my staff talks in those terms All the time a he said. �?o1 did no to realize we were dealing in that Many terms but there a 10 times that Many. Attorneys have them doctors have them accountants have them. Its a sign of the  babes stands for beginning alcohol and addictions Basic education series toes is treatment outcome evaluation system jobs stands for Job opportunities and Basic skills training program and jars is Justice administration research and statistics