Page 2- The Michigan Daily - Monday, September 17, 1990
Continued from page 1
for swift and dramatic reform sup-
ported by legislators from the Rus-
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
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
He said Ryzhkov's government
was responsible for the deplorable
state of the Soviet economy, the
lack of consumer good and a grow-
"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
(left) and Greg
Nelson (right) of
show off the
technique of co-
oping in a
Nuts and Bolts
DAMN IT WLLYO
LOOK AT 4S?!
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ECONOMIC 8ANCnON~3 Unt
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CRAY? JUST A
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by Judd Winick
-LS WOULDN'T HAVE
ANYTHINGo PDo IT
THE FACT TNAT YOU Cavr
UP DRIkir.J CorE?
GOLD RING SALE
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.
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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
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
0 YOU GET FROM A
12:05 (LASS IN NEW YORK
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1:45 LECTURE IN LA?
Editor in Chief
Opinion Page Editor
Diane Cook, Ian Hoffman
Josh M snick, Noele Vance
David Hyman. Eric Lemont
Ryan Sdirber, Jeff Sheran
Kristn Pam, Annete PeiUsso
Jon Bk- Brent Edwards
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