26 - Friday, March 14, 1986
THE DETROIT JEWISH NEWS
M. WIGLER JEWELRY
"lie Beer Competition 14 inner"
CELLULAR • CELLULAR • CELLULAR • CELLULAR
SPECIAL CELLULAR OFFER 71
city's largest cellular dealer is offering four free hours of S
0 <4 This
air time to each new customer that purchases a phone and •
W , RAM MOBILE COMMUNICATIONS
service at Ram's office.
Continued from preceding page
able or practical.
The main contribution of the
project would be to provide an
extra source of electricity for
periods of peak demand, thus sav-
• Ram also offers four free hours of air time to any Ram
ing the coal or oil burned in con-
customer who sends us a friend that we sell a phone to and m
ventional plants. Some subsidiary
place on Rams service.
benefits to the national power
• grid would be provided too, such
RAMS RED CARPET
as an emergency power source.
In more than three years of
work on the economic studies, the
company failed to produce a set of
cc • One Stop Shopping
All Diamonds the same price,
$2700 .00 m
cost-benefit estimates that would
• Latest in Equipment
or less than so called discounters.
with spare battery and r
• Many styles to choose from
command broad support among
A .0 essii top charger
the experts and government offi-
Latest ii handheld cellular r
• Immediate Installation
cials connected to the project. The
18K Creative Affordable Jewelry and Diamonds
V • Free Demonstration
figures that did emerge pointed
case with tire first faa
for the most part in the direction
of a loss. But in order to keep the
project going and to maintain the
18311 M. 10 Mile Rd. r
2951 1 Northwestern Highway
enthusiasm of Bonds purchasers,
Park West Plaza Southfield
the figures trumpeted in an
**field, MI MO
5 2 - 1 1 1
interim report in January 1983
Ga y 1e
were "cooked" in order to show a
Offer suhiect to change without notice.
Later Hours By Appointment
$400 million profit.
Hours: Mon.-Sat. 1D:311.5:00
Based for the most part on this
report, then Energy Minister Yit-
zhak Moda'i steered the project
into the phase of advanced plan-
ning, leading eventually to im-
plementation. Another year and a
half of work by the company
passed — which included the dig-
ging of the tunnel — before a re-
port from an international con-
sulting firm showed conclusively
that economically the project was
a loser. Yet it took another year
before the company finally de-
cided to call it quits, months after
the ministry had ordered it to
cease its operations.
Thus, at the critical juncture
three years ago when the initial
AGREE OUTPOST CAMP
study indicated that the project
Canadian Wilderness Trip
would be of marginal economic
Entering 2nd-5th grades. 19 day
(entering 9th, 10th, and 11th
importance at best and would
general programs. 9-day
grades.) Advanced Canadian
probably show a loss, how did a
Sports, Performing Arts,
•Wilderness Trip (entering 10th
forecast for a $400 million profit
Aquatics, Art and Nature Crafts
and 11th grades.) Both 28 days.
miraculously show up on the com-
The Ultimate Canadian
pany's interim report?
It was very simple, really: the
Wilderness Trip (Entering 11th
company and the ministry simply
and 12th grades.) 34 days.
Entering 6th-10th grades.
violated the Treasury's rules for
4-week general program. Two
making cost-benefit calculations
week Sports, Fine Arts,
on major development projects of
Aquatics Mini-Camps. Also
uncertain outcomes. This attempt
Entering 11th and 12th grade. A
4-week Kfar Ivri, Specialty
to mislead the public was reported
cross country bus and ferry
Village, Dance Village, Pioneer
at that time in the press and sub-
boat trip over the Klondike Gold
stantiated a year and a half later
Village, Horsebackriding Ranch.
Rush Trail. Experience the "Last
by the State Comptroller in a spe-
cial report on the MDP.
TEEN TRAVEL TRIPS
The illusory profit was obtained
Entering 10th, 11th and 12th
by manipulating the "discount
grades. Western Teen Trips to
rates" used by the Treasury to
Colorado, Atlantic Seaboard
Entering 10th-llth grades. 28
evaluate the future costs to the
Adventure to North Carolina.
day session in the Upper
economy of development projects.
Peninsula. Waterskiing, Sailing,
The lower the discount rate
ISRAEL TEEN MISSION
Tripping. A community lifestyle.
applied to a project, the lower its
Entering 12th grade and/or
overall costs are predicted to be.
College. A 38 day trip with
The expected costs of the Med-
Dead project were artificially
lowered by applying a discount
rate lower than the one stipulated
REQUEST FOR CAMPER BROCHURE & APPLICATION
by the Treasury. The company
and the ministry took 6 percent as
the rate, whereas the Treasury
rules called for at least an 8 or 10
HO M I PHONE
percent rate. With 8 percent, the
M id d le
project would just about break
even, and with 10 percent it would
show a considerable logs.
& Sri .r
This deliberate deviation from
Treasury procedures meant that
the Energy Ministry was in effect
scrapping the principle of joint re-
sponsibility with the Treasury for
tirade as of frill '86
Age'as of 9' I 86
the MDP, which was laid down in
the cabinet decision of 1980 ap-
Please c h eck if roll are interested in attentling
proving the project in principle.
Ram offers four free hours of air time to any Ameritech F
customer that switches to Ram.
(Must bring in current copy of Ameritech bill.)
MICHAEL S. WIGLER
Let's Talk ,
A Variety of Programs
Financial Assistance is Available