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September 17, 1990 - Image 2

Resource type:
Text
Publication:
The Michigan Daily, 1990-09-17

Disclaimer: Computer generated plain text may have errors. Read more about this.

Page 2- The Michigan Daily - Monday, September 17, 1990

SOVIETS
Continued from page 1
for swift and dramatic reform sup-
ported by legislators from the Rus-
sian Republic.
Gorbachev, however, has been
criticized for not implementing mar-
ket reforms sooner. Soviets face
shortages of food and many other
products; store shelves are bare.
Yesterday's rally came a day after
a leading reformer, Moscow Mayor
Gavriil Popov, said on national tele-
vision that Ryzhkov's Cabinet
should step aside for a government
trusted by the people, the 15 Soviet
republics and foreign nations.
Popov said Ryzhkov had no real
plan for reforming the economy.
Ryzhkov, who appeared in a sep-

arate TV program Saturday night, de-
fended his plan for moderate eco-
nomic reform and said: "we will stop
at nothing to reform it."
Ryzhkov and Popov, who quit
the Communist party in July and fa-
vors the plan for radical reform were
interviewed briefly >n the evening
news program Vremya, with longer
versions played later on separate
channels.
Popov, who quit the Communist
Party in July and favors the plan for
radical economic reform drawn up by
economist Stanislav Shatalin, said:
"the government did not have, does
not have and does not want to have
any real plan for a transition to the
genuine market."
He said Ryzhkov's government
was responsible for the deplorable

state of the Soviet economy, the
lack of consumer good and a grow-
ing deficit.
"We are sick and tired of empty
shops and devalued money, we want
no more crises," Popov said.
Shatalin's plan approved by Rus-
sian legislators, calls for transferring
most economic authority from the
national government to the re-
publics, who then could move inde-
pendently toward market economies.
The rally also came two days
after a constitutional committee
ruled against a decree to give the So-
viet government - rather than the
Moscow government headed by
Popov - the authority to allow or
ban rallies in the center of the Soviet
capital. Gorbachev issued the decree
in April.

C

Fancy
Feet
World Champion
footbaggers Jay;
Moldenhauer
(left) and Greg
Nelson (right) of
Team Freestyle
show off the
technique of co-
oping in a
demonstration on
the Diag
Saturday.

r

Nuts and Bolts
DAMN IT WLLYO
LOOK AT 4S?!
THEY'RE LI F' n NG H?
ECONOMIC 8ANCnON~3 Unt
CHINA. LIKE -T EY 1Xe-MVE ,t!

ARE YOU
CRAY? JUST A
YEAR AGO INC
CHINESE oovf-RI'-
-~ &77- - ES1CF4;"
r -

DAMN 1141$STUPID
CoGOVEMMIENT VWE
LIVE UNDER!

by Judd Winick
-LS WOULDN'T HAVE
ANYTHINGo PDo IT
THE FACT TNAT YOU Cavr
UP DRIkir.J CorE?
MAYBE

"

I

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AL

1

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JOSTENS
GOLD RING SALE
IS COMING!

British criticize

J ..
Thatcher's high
interest rate policy
MAIDSTONE, England (AP) - businesses have dropped 13 percef
A young roofer says he and his wife since last year.
haven't gone on vacation in three For some individuals, the
years and rarely go out. A civil economic trends add up to a crisis.
engineer says he can't save money, "A lot of people who had
and a jewelers says his business is stretched themselves (before) can no
just "making a living." longer cope," said Mavis Firth,
They all blame high interest project leader at Maidstone's Money
rates, Prime Minister Margaret Advice Center. "We can't see all the
Thatcher's chosen tool for squeezing people who ask for our help."
inflation out of the economy. The center's load of new cas
Thatcher's policy has yet to pay has increased more than 50 percent,
off. On Friday, the government and there's a six-week waiting list,
announced that retail prices were up she said.
10.6 percent in August compared "It can take people years to get
with a year ago, the highest rate of back on the straight-and-narrow
inflation since 1982. again," Firth said.
Maidstone, a town of 140,000 Nick Kember, 28, a self-
residents about 40 miles southeast of employed roofer, and his 26-year-old
London, is in the heart of Kent wife Joanne bought a home in 1987
County's prosperous commuter when the mortgage rate was 9.8.
country. Unemployment is below 4 percent. Now the rates are
percent, and a 647-acre business park percent, and he says it doesn't help
at Kings Hill in Maidstone is one of that construction and business in
the largest economic development general are slowing down.
projects in the country. Geoffrey Pattitt, a 49-year-old
However, the region has not been civil engineer, said his monthly
spared the economic pressures mortgage payment of about $510 is
squeezing the rest of the country. a third higher than it was a year ago,
The Kent Economic Development and has more than offset the increase
Center Board says inquiries from in his salary.

Order your college ring NOW.
Stop by and see a Jostens representative,
Monday, Sept. 17 thru Friday, Sept. 21,
11:00a.m. to 4:00p.m.,
o select from a complete line of gold rings.
A $20.00 deposit is required.

FRIDAY SEPT. 21 . 8 PM * MICHIGAN THEATRE
TICKETS AT TICKETMASTER OUTLETS INCLUDING HARMONY HOUSE, GREAT STUFF MICHIGAN
UNION AND THE MICHIGAN THEATRE BOX OFFICE. TO CHARGE BY PHONE CALL 645-6666.

GULF
Continued from page 1
bia, whom they called "traitors of
the Arab world" for backing the
U.S.- led forces in the Persian Gulf.
The U.N. resolution yesterday,
along with actions by the Italian and
Soviet governments, appeared to
confirm a growing solidarity in op-
position to Saddam, whose forces
overran Kuwait Aug. 2.
French officials rounded up 26
Iraqi military trainees and three sus-
pected secret agents for expulsion.

France said on Saturday that it wa9
expelling diplomats and expandipg
its military presence in the Persian
Gulf in response to the embassy
raids.
The Soviet Union appeared to
take another step away from Bagh-
dad, its former ally, with the visit to
Moscow of Prince Saud AI-Faisal,
the Saudi foreign minister, yester
day. A dispatch from the officialp
news agency Tass said he would sign
a treaty establishing diplomatic rela-
tions between the Soviet Union and
Saudi Arabia.

HOW

0 YOU GET FROM A

12:05 (LASS IN NEW YORK

bE £ii!JU iadr

01

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1:45 LECTURE IN LA?

EITORAL STAFF:
Editor in Chief
Managing Editor
News Editors
Opinion Page Editor
AsociateEditors
Weekend Editors
Photo Editor

Noah Finkel
Kristine LaLonde
Diane Cook, Ian Hoffman
Josh M snick, Noele Vance
David Schwartz
Selpen Henderson,
1Matthew IMiler
Ronan Lynch
KenrWoodsn
Jose Juiarez

Sports Editor
AssociataeSports Editors
Arts Editors
Books
Him
Music
Theater

Mike Gil
Andy Gotesman,
David Hyman. Eric Lemont
Ryan Sdirber, Jeff Sheran
Kristn Pam, Annete PeiUsso
Cardyn rPqcr
Jon Bk- Brent Edwards
Forrest (keen II
May Beth Barber

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News: Geri Alumt Josephie Balenger, Joanna Broder, Heater Fee, Jute Foster, Christine Kloostra, Dan Poux, G Renberg,
Eisabeth Weinstein, Donna Woodwel.
Opinion: TomnAbowd, MarkdBuchan, Leslie Heibrunw,DaidLevin,Manuel Clave,ChrisNordstrom, Dawn Pauinsid, Aaron
Robison, Tony Shber.
Sports: Andy Brown, Steve Cohen, Theodore Cox, Mat Dodge, Jed Durst, Scott Erskine, Phi Gree, Albert Lin, Rod Lowenlai, John
Niyo, Sarah Osbum, Malt Rone, DaMSdecw, Ryan Schreiber, Jeff Sheran, Dan Zoch.
Arts: Greg Baise, Brian Jarvinen, Mke Kuniavsky, Eizabeth Lenhard, David Lubiner, Mik Meltor, KiM Yaged,
PhotoAnrthony M. Cr"l, Amy Fe"dman, Ksssy Goodman, Samantha Sanders Ken*neti Smaller,
Weekend: Phi Cohen, Miguel Cruz, Donna ladpaclo, Jesse waiter, red Zin.

01

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Digito
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BUSNESS STAFF
Business Manager DionneWebster Classined Manager Stave Taumina
Display Sales Manager Uisa Greerberg Assistant Ciasaitled Manager Ka SMo
Assistant e"al. Manager Cyndi Peters Finance Manager Dan mitinsbh
Special Sections Coordinator Nancy Sagar Credit Manager Elaine Nagaria
Marketing Manager Uz Chaaberlin systems Anayst HalHoaig
Display Sales Staff: Jodi flick, SteveeBourne, China Cash, Joe Cytrm Amy DeGeus, Chisin Demerkio. Marc RtenbergDm

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