Page 2-The Michigan Daily- Thursday, December 5, 1991
Ton Vernon
Brent House
Brian Kight
Chris Teeley
Aaron Williams
Kinesilou~y
Charles Smith
Law
Michael Warren
Library Science
Christopher Thiry
LSA
Ken Bartlette
Tom Cunningham
Scott Gast
Core Hill
Heather Johnston
Priti Marwah
John McCloskey
4odd Ochoa
Melissa Saari
Steve Stark
Rob Van Houweling
Natural Resources
Nena Shaw
Nursingw
Nicole upe
Rackham
Ro er De Roo
j]efT Hinte
eilani Nishime
Amy Polk
Alan Wu
Maria Yen
Art
Chery Hanba
Dnistry
Rob Rocco
ISA
Dard Englander (excused)
Joel Martinez (excused)
Teticia Tripp
Medicine
Michael L;ee
Music
Sarah Knutson
Pharmacy
Jan Norda
Rackham
Sean Herlihy
Social Work
Jennifer Collins
*Italics denote absences at both roll calls
HOSTAGES
Continued from page 1
"It's been like a big roller
coaster ride," Anderson's 36-year-
old brother John said from his home
in Ocala, Fla. "But that's the way
it's been for almost seven years."
The confusion arose after a five-
page Arabic-language statement
from the Islamic Jihad group an-
nounced that he would be set free.
But its wording was unclear as to
whether he had already been re-
leased.
Anderson said in a videotaped
statement released yesterday by his
captors to the AP in Damascus that
he was to be freed.
"After finishing several stages
we decided to separate the issue of
our captives from the hostages in
the prisons of the enemy and we're
going to free our last captive, Terry
Anderson, thus folding this page in
the hostage file before glorious
Christmas," the statement said.
TALKS
Continued from page 1
change in the U.S. role as a co-spon-
sor" with the Soviet Union of the
M ideast peace talks. Moreover, she
added: "No one has asked us to
change."
Shamir dropped his demand for
staggering Israel's negotiations
with the three Arab delegations.
"We are willing to conduct all
talks as of the 9th of December," a
Shamir spokesman said after Shamir
consulted with Foreign Minister
David Levy and Defense Minister
Moshe Arens.
All three Arab delegations -
Syrian, Lebanese and a joint Jorda-
nian-Palestinian group - showed
up at 10 a.m., and went to three dif-
fcrent State Department rooms.
The Syrians and Lebanese re-@
mained for about 20 minutes. The
Jordanians and Palestinians stayed
for about an hour. The Israelis did
not appear.
ZIONIST
Continued from page 1
Some of the 76 students who
voted in the mock election said it
was beneficial and interesting.
"The fact that they're having
this election is positive because
people can express their opinions
and, in a certain sense, participate
and understand that democracy is
still alive in the Middle East,"
LSA senior Ari Levadi said.
Mike Ghedotti, an LSA senior,
said, "It brings the politics of
Israel - which everyone is scream-
ing about - to you, and you are
able to see the process and the dif-
ferent issues."
USI member Brian Mono, an
LSA senior, explained the similari-
ties and differences between the
Israeli and American systems to
students.
"In Israel, if you get roughly
one percent of the vote, you get a
seat," he said. "If we had this type
of system, David Duke would have
a seat right now."
Feelings about the Diag rally
were ambivalent: those who partic-
ipated enjoyed it, but were disap-
pointed in the small turnout.
SA senior Brian Mono and LSA sophomore Sheri Zablotsky participate in
mock Israeli elections yesterday.
I U
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because elves can't make all the gifts!
Look in Friday's Daily
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shopping guide!
GRADUATION
Continued from page 1
Gramlich added.
Commencement speakers are
chosen by University President
James Duderstadt after consultation
with John D'Arms, chair of the
Committee on University Events,
said Executive Director for
University Relations Walter
Harrison.
Shapiro was unavailable for
comment yesterday afternoon, but
Harrison speculated about what is-
sues the commencement speech will
address.
Harrison said Shapiro's daughter
is completing a Ph.D. this semester.
"It may be that he's reflecting
on conversing with his daughter, but
that's a wild guess," Harrison said.
Senior Marc Silbergeld, who
will graduate this term, said he
thought Shapiro was a curious
choice for a speaker.
"I think it's pretty ironic,"
Silbergeld said, "since no jobs are
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Shapiro,
available to have an economist come
and talk to us."
At the ceremony, which will in-
clude all the University's schools,
four honorary degrees will be con-
ECONOMY
Continued from page 1
a crossroads. The growing lack of
consumer confidence coupled with
spending cutbacks have increased
prospects for a double-dip, he said.
Curtin added that declining sales
in the consumer sector could drag
the rest of the economy into a deeper
recession.
Concerning the current level of
government involvement in the de-
pressed economy, Curtin said that
two aspects of consumer activity are
troublesome.
First, "There is widespread loss
of confidence in government eco-
nomic policies," he said.
The second problem is disposable
income. Curtin said American
households have experienced in-
creased taxes and decreased govern-
ment services. The result is personal
financial problems.
He said lower interest rates on
auto loans and home loans would
stimulate consumer spending.
"For many Americans that see
the problems in the domestic econ-
omy as serious and immediately
pressing, a delay by the government
in addressing them is not going to be
very pleasing," he said.
Wolfe said that the intervention
by the federal government will de-
pend upon the state of the economy.
She made a distinction between
ferred in addition to those awarded
to students.
Armenian community leader and
business executive Alex
Manoogian, Harvard economics pro-
fessor Richard Musgrave, Ann
Arbor congressperson Carl Pursell
(R-Mich.), and professor of clinical
neuropsychology at Columbia
University Nancy Sabin Wexler@
will receive University degrees.
The regents have final approval
over honorary degree recipients af-
ter they are nominated by the
Honorary Degree Committee on the
basis of "distinguished service to
humankind for some professional or
personal endeavor," Harrison said.
Commencement will be held at 2
p.m. in Crisler Arena. Four tickets*
will be available for graduating
students, in room 102 of the LSA
building from Dec. 9-12. Extra tick-
ets will be available to graduates on
a first-come basis Dec. 13.
monetary policy and fiscal policy.
If the economy continues to
grow, the government will most
likely maintain a monetary policy
that would address the money sup-O
ply and interest rates, she said.
But the government may have to
stress fiscal policy if a worst-case
scenario occurs, such as a combing-
tion of declining consumer conf?
dence, decreased purchases '
durable goods, increased recalls of
bank loans, greater inventories, and
less exports.
"We would need to have a fiscal*
policy of a one-time reduction of
taxes and a one-time increase in gov-
ernment spending," Wolfe said.
But she stressed that the RSQE
study does not predict a double-dip
recession.
Similar to the prediction for the
national economy, the RSQE has
predicted the local Michigan econ-
omy will steadily recover.
Increased manufacturing sales
reflecting an increased national de-
mand for cars and light trucks will
stimulate growth in employment
through 1993, the study predicted.
Personal income will steadily
increase while inflation will remain
moderate through 1993.
As a result of higher employ-
ment, increased income, and low in-
flation, Michigan tax revenues have
been predicted to increase.
GENERAL MOTORS
VOLUNTEER SPIRIT AWARD
©1989
in asociation with
University of Michigan
Student Organization
Development Center
Attention
Student
Volunteers!
Submit Your Applications for the GM
Volunteer Spirit Award!
Sig 3ibigan iBailg
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