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 94C ORC416"n Paiu Midnight Madne&, because elves can't make all the gifts! Look in Friday's Daily for the bargain holiday 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 FOL.WEEKENDS/HOLIDAYS BIRTHDAYS/WEDDINGS MOM'S HOME COOKING Council Travel offers domestic student air fares in selected markets! Call for more info and a FREE Travel Catalog! ouncilTravel 1220 University Ave,Ste.208 Ann Arbor, MI 48104 313-998-0200 I I II 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 The Michigan Daily (ISSN 0745-967) is published Monday through Friday during the fall and winter terms by students at the University of Michigan. On-campus subscription rate for fall/inter91 -92 is $30; all other subscriptions via first class U.S. mail are $149 - prorated at Nov. 1, 1991, to $105. Fall subscription only via first class mail is $75- prorated at Nov.1 to $46. Subscriptions must be prepaid. The Michigan Daily is a member of The Associated Press and the Associated Collegiate Press. ADDRESS: The Michigan Daily, 420 Maynard Street, Ann Arbor, Michigan 48109-1327. PHONE NUMBERS: News (313) 764-0552, Opinion 747-2814, Arts 763-0379, Sports 747-3336, Circulation 764-0558, Classified advertising 764-0557, Display advertising 764-0554, Billing 764-0550. 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Sports: Ken Davidoff, Andy DeKorteKimberly DeSempelaere, Mathew Dodge, Josh Dubow, Shawn DUFresne, Jim Foss, Ryan Herrington, Bruce Inosencio, Albert Un, Dan Unna, Rod Loewenthal, Sharon Lundy, Adam Miler, Rich Wtvalsky, Tim Rardin, Chad Satran, David Schechter, Eric Sklar, Ten Spoar, Andy Stabile, Ken Sugiura, Jeff Wiliams. Arts: Greg Base, Skot Beal, Kenny Bel, Jon Bilik, Andrew J. Cahn, Richard S. Davis, Brent Edwards, Gabriel Feldberg, Rosanne Freed, Diane Frieden, Lynn Geiger, Forrest Green 111, Aaron Hamburger, Nima Hodaei, Nan J. Hogg, Roger Hsla, Marie Jacobson, Kristin Knudson, Mike Kdody, Mike Kuniavsky, Amy Meng, John Morgan, Liz Patton, Austin Raier, Antonio Roque, Jeff Rosenberg, Joseph Sdweiber, Christine Slovey, Kevin Stein, Scott Staring, Kim Yaged. Photo: Brian Cantoni, Anthony M. Crdl, Jennifer Dunetz, Krstofer Gilett, Michelle Guy, Doug Kanter, Heather Lowman, Sharon Musher, Suzie Paley. Weekend: Usa Bean, Jonalhan Chait, Craig Lnn, Dan Poux, Mat Puliam. 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