:: r:::;">: r: ::: ::>::: ::: :."Y"V."." v. N: '::: ::": " :Y:- ". ................... t...........................:: '}:::"i}::"}: }}': i::::-::"?:': ::":-:'i:':':':": ::':': :'i:"i:: i::"::'ti%: ii::'::::'i: i:'i:i :":':i :':%-:iii:::' i: i::"i:": r:': }:i::':": }::'is ':'i:::::{"::::: ::ti?": ::":: 't:::":":: %i%}::ti:"::;::::::%:: : is %::": }: %i:'.':: ::::":"%:"i::"::":: ii::"::'": i:":v:"::::: ;:;:;%:; :::;:: ;:} Social Security trust fund faltering, officials From AP and UPI WASHINGTON-The trust fund that provides the money for Social Security retirement checks will be depleted by early 1983 and could be $63.5 billion in the red by 1986, the Congressional Budget Office said yesterday. Unless Congress makes changes in the program, the deficit could grow to $128.9 billion by the start of the 1990 fiscal year, the arm of Congress told a House subcommittee on Social Security. SOME 36 MILLION Americans receive benefits from the Social Security system, making it the single largest program in the federal government. The system, made up of three trust funds, will pay out $138 billion this year to retired and disabled workers and their families. Two of the trust funds, Disability Insurance and Hospital Insurance, are operating in the black. The other, the Old Age and Survisors Insurance, is nearing depletion. The House subcommittee, chaired by Rep. J. Pickle (D- Tex.) is hearing testimony on ways in which Congress can rescue the system. Lawmakers must choose among cutting benefits and restricting eligibility, raising taxes or delaying the retirement age. Another short-term solution is to allow the better-heeled disability and Medicare funds-financed by the same payroll tax covering retirement-to lend money to the poorer program. IN ADDITION TO running out of money by 1983, experts also agree that system faces a potentially more worrisome problem next century because of the shrinking ratio of workers paying into the system, to retirees drawing from it. The prevailing congressional mood of fiscal restraint came to the fore quickly as the chairman of the congressionally commissioned study panel recommended higher income taxes, delayed retirement, and interfund borrowing. The chairman, Milton Gwirtzman, was told sternly by several subcommittee members that Congress will not go for tax increases and is even more opposed to additional borrowing. The Michigan Daily-Wednesday, February 18, 1981-Page 3 Administrator Banfield dies Ralph Banfield, assistant to Vice President for Academic Affairs Bill Frye, died Monday at the age of 63. As director of the University's Office of Community College Services, Ban- field was well known throughout the state. He also served as chairman of the Community College Advisory Commit- tee and as secretary of the Michigan Academy of Science, Arts and Letters. Banfield began his career at the University in 1959 as an associate professor of naval science. He later served as coordinator-director for the campus Reserve Officer Training Cor- ps programs. I In a statement released yesterday, University President Harold Shapiro said: "Ralph Banfield for years was the primary administrator here respon- sible for relations with community colleges, and the University's military officer education programs. We always turned to him for advice in those areas. He had a courteous word for everyone, and that warmth was reciprocated by others to him. Final funeral arrangements and cause of death have not been released. ,report Don't invest in defense, says MSA Department of Psychiatry - Theodore Gaensbauer, "The Regulation of Affects: Their Assessment in Normal and Abused/Neglected Infants," 930 a.m., CPH Aud. Computer Systems - John Saylor, "Computers in Business," 11 a.m., Business School Aud. CAAS - Michaef Thornton, "Black People in the Far East: A Sociohistorical Perspective," noon, SEB Whitney Aud. South and Southeast Asian Studies - Chittabrata Palit, "Agrarian Relations and Sharecropping in Bengal, 19th and 20th Centuries," 4 p.m., Lane Hall Commons. Finance Club - Undergrad Career Forum, Dean Whitaker, "When, Where, Why Get an MBA," 3:30 p.m., Hale Aud. . Department of Chemistry - S. Brewer, "Isolation of Trace Heavy Metals and Subsequent Determination by Exploding Thin Film Spectroscopy," 4 p.m., 1200 Chemistry Bldg. School of Natural Resources - Patrick Horsbrugh, "Synecology, Synecotecture, and Synecopolitan Planning: An Ikperative Design Discipline," 4 p.m., 2107 AAB. Chemical Engineering - Brice Carnahan, "Running Time-Shared Jobs in MTS," 7p.m., Nat. Sci. Aud. Sigma Xi - Harvey Bender, "Genetics, Ethics, and Law," 8 p.m., 1033 'Kellogg. School of Architecture - Carol Johnson, "Landscape Architecture in Boston," noon, Room B 226 E. Engineering. AWC - Nancy Reame, Regina Lederman, Eileen Barrett-Hatch, and Deborah Oakley, "Research and Teaching Related to Women's Health in the School of Nursing," noon, 3050 Frieze Bldg. PERFORMANCES Union - "Music at Midweek," pianist Kirsten Taylor, Union Pendleton Room, 12:10 p.m. Housing - The Bible Church and Mt. Olive Baptist Choirs, Stockwell Lounge, "Gospel Concert," 7:30 p.m. Office of Major Events - Ry Cooder, Power Ctr., 8 p.m. School of Music - Concerto Competition Winners/U. Philharmonia, Paul Makanowitsky, cond, Hill Aud., 8 p.m. Ark - Hoot Night, open mike, 9 p.m., 1421 Hill. UAC - Laugh Track, 9p.m., Union U. CLub. MEETINGS{ LSA Student Gov't. -6:15 p.m., 3909 Union. Greenspace - 7:30 p.m., Union Conf. Room 3. Stilyagi Air Corps -8 p.m., Union C onf. Rooms. Residence Hall Council -9p.m., Couzens Hall. MISCELLANEOUS WCBN-People, Places, and issues. Prof. Carl Proffer is interviewed on literary freedom in the USSR. Call-in. 88.3 FM, 6:00 p.m. SWE - Pre-Interview Program, Alcoa Corp., 8:30 a.m., 270 W. Engin. Faculty/Staff Blood Drives - 11 a.m.-5 p.m., League Ballroom. Resource Policy and Mgmt. - Bag lunch sem., William Bishop, "Inter- national Environmental Policy", noon, 1520 Dana. CHGD - Sem., Harold Stevenson, "Academic Achievement in America, Taiwan, and Japan", Vaughn 3rd floor Conf. Room, noon. CREES - Bag lunch lee., Tiberiu Graru, "Romanian Folk Art", noon, Lane Hall Commons. Communication - Bag lunch lec,, Bernard Timber, "Images of Cap- tivity", noon, 2040 F LSA. International Ctr. - International Travel Series, bag lunch lec., "Being in the Know", International Ctr. Rec. Room. Library Science - Bag lunch sem., Jim Minton, "Special Challenges in Special Librarianshi-", 12:10 p.m., UGLI Multipurpose. Linguistics - Stephen Tyme, "Peirce and the Situation of the Sign", 3518 Frieze, noon. Cheimistry - Heinz Floss, "The Stereochemistry of One-Carbon Trasn- sfer Reactions", 4 p.m., 1300 Chem. School of Education - Martha Cox, "Divorce and Development of the Child," SEB Whitney Aud., 4 p.m., "Understanding Child Behavior through Observation of Play", 8p.m. - GWN - Disc., "Making the Number Speak: Reading Tables, Charts, and Graphs", 4 p.m., Rackham W. COnf. Room. Industrial apd Operations Engin. - Mike Cohen, "Parallelism in Heuristic Computation", 4 p.m., 229 W. Engin. Computing Ctr. - Demo., "How to Use the Ontel Terminal", 1 p.m., NUBS Ontel Term. Room. Rec. Sports - IM Racquetball Doubles Tournament, 6:30 p.m., IMSB. Karma Thegsum Choling - Meditation, 734 Fountain, 7-9 p.m. Int. Folk Dance Club - Adv. teaching, dancing, 8 p.m., Bell Pool Mez- zanine. WAS - Matt Heumann, "Park Lyndon's Natural Wonders", 7:30 p.m., UM Botanical Gardens. WCBN - Rockabilly special, 7-8 p.m. Developmental Psychology - Coffee hour, "Research Opportunities, Graduate School and Careers", 4 p.m., 3417 Mason Hall. Psychology Club - (Psi Chi) -7 p.m., K108 West Quad. ECKANKAR - Paul Twitchell, Introductory Book Review on "Letters to Gail", Ann Arbor ECK Center, 7:30 p.m., 302 East Liberty. To submit items for the Happenings Column, send them in care of: Happenings, The Michigan Daily, 420 Maybard St., Ann Arbor, MI. 48109. POPE JOHN PAUL II waves to onlookers on the first leg of a 12-day "peace mission" to the far East. In the Philippines yesterday, the Pope made his strongest statement to date, telling President Ferdinand Marcos that gover- nments must safeguard human rights. Manila police keep youth from-- Pope By BETH ALLEN The Michigan Student Assembly last night passed a resolution asking the University Regents to reject an official recommendation that the University invest in defense industries. If the Regents were to follow the recommendation, presented by the Of- fice of Financial Affairs, the University would invest in five major defense con- tractors. ACCORDING TO THE report, the defense industry "appears to be. en- tering a period of dynamic growth which should provide opportunties for above-average returns from invest- ments in selected companies." The report goes on to suggest that the University capitalize on the industry's projected growth through large in- vestments. The resolution passed= by MSA urges the Regents to reject the recommen- dations on moral and economic groun- ds. The resolution also states that MSA "encourages the Regents to invest in the industries of the state of Michigan so as to be advantageous to the Michigan economy in the face of im- pending University budget cuts." THE RESOLUTION contends that investment in home-state industrie$ could help stimulate Michigan's sagging economy which, in turn, might improve state financial support of the University. Although all the MSA members agreed that the proposed investments would be morally objectionable, some members voiced reservations about the economic references in the resolution. MSA Business School representative Seth Moldoff said it "wouldn't make sense to limit the University to invest- ments in Michigan-based industries if there aren't that many. The resolution was brought to the Assembly floor by MSA Vice-President for Legislative Relations Jon Fieger, who will present it to the Regents during their meeting tomorrow. The five companies named in the University recommendation are Support the March of Dimes WlBIRTH DEFECTS FOUNDATION General Dynamics Corp., McDonnell- Douglas Corp., Northrop Corp., all of which are aerospace companies, San- der Associates Inc., and Loral Corp., both of which are electronics com- panies. Cericals vote not to unionize (Continued from Page 1) are now," he said, "You can't get blood out of a stone." Other OCCgoals included greater job security and freedom from sexual and racial discrimination. Shortly before the election was scheduled to take place the University's personnel office released a letter to clericals aimed at answering some questions they may have had regarding the election. In that letter the Univer- sity pointed out that other union mem- bers who work for the University currently pay up to $277 a year in union dues. The OCC retaliated by issuing a statement which said University em- ployees who belong to unions receive higher wages, and that under the OCC's proposed by-laws clericals would pay only an average of $125 in union dues at their current rate of pay. Graduate Women Improve Your Math and Statistics Skills TONIGHT 4-6pm. West Conference Room, Riekhem TOPIC: "READING TABLES, CHARTS & GRAPHS" WOMEN HELPING WOMEN Graduate Women's Network ,,, o J, 5 .a14 , y r 's.. tr . .... . r y, s wol- ex DANSKIN Leotards, Tights wrr.J A w w~ w i l I ~ 'I L L...... ....rr....,,.,r.....I :>". .....- . 14en - 4 -4" 7n "r r 4r^ i4i r