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April 06, 2000 - Image 8

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The Michigan Daily, 2000-04-06

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8A - The Michigan Daily - Thursday, April 6, 2000

SWEATSHOPS
Continued from Page 1A
leadership role to gain this position.
"If I were an administrator of any uni-
versity and U of M's administration wants
to be an active governing board member, I
would consider it appropriate because of U
of M's influence in the college apparel
industry," Romer-Friedman said.
The University reports the biggest prof-
its from collegiate apparal contracts of any
school in the nation.
"It's a starting point of an organization
and cooperation between universities and
students in cleaning up the apparel indus-
try," Romer-Friedman said.
Meanwhile, students at other universities
across the country continue their protests,
with some of the demonstrations ending in
'the removal and arrest of students conduct-
ing sit-ins in campus buildings.
Twelve students at the University of
Kentucky were arrested early yesterday
morning after occupying the basement of
the school's administration building for
about seven hours. The students, members
of the Kentucky chapter of USAS, were

charged with second-degree trespassing
after police forcibly removed them from
the building. None of the protestors were
hurt in the confrontation.
Sarah Todd, one of the students arrest-
ed, said the police "were actually fine" in
their removal of the students. So far, Uni-
versity of Kentucky President Charles
Wethington has not been in contact with
the students.
"I can't speak for the group, but I'm
proud of what we stood up for," Todd said.
"For what we did and what we're standing
up for, it was worth it." The students plan
to address the university's Board of
Trustees on May 2.
Eleven students at the State University
of New York's Albany campus were also
taken into police custody yesterday after
students attempted to occupy the office of
President Karen Hitchcock.
A total of 11 students have been arrested
at the University of Oregon. Sarah Jacob-
sen, spokeswoman for Oregon's chapter of
USAS, said President Dave Frohnmayer
had five students arrested who stayed in
his office past closing hours Tuesday. Yes-
terday another six were arrested for staying

in the office. Jacobsen also said the univer-
sity's police department set up a booking
facility in the basement of the building to
expedite moving the students out.
Members of Purdue Students Against
Sweatshops are beginning the tenth day of
their hunger strike. The protesters on the
hunger strike have started to complain of
fatigue, dizziness and loss of concentra-
tion. So far, PSAS members say President
Steven Beering refuses to speak to the stu-
dents, although lines of communication
have been opened through dialogues with
Purdue Vice President of University Rela-
tions Joe Bennett.
But the Purdue students say they will
continue the strike until the demands to
join the WRC and promise not to join the
Fair Labor Association are met.
The FLA is a White House-sponsored
organization of human rights groups and
corporations that has been criticized for
being ineffective.
"I'm emotionally committed to going for
as long as I can," Purdue student Ben Par-
tridge said. The students are currently
camped out on the campus' Memorial
Mall.

CARVI LIE
Continued from Page 1A
Carville hinted at how he would run Gore's
campaign, and though he would not condemn
mudslinging outright, he did speak out against
what he called the "criminalization of our politi-
cal differences."
"1 think a little ... rat a tat tat is a good thing. If
you think politics with back and forth is a bad
thing, try it without it"he said.
"I think it is not only desirable but accept-
able to try to make a fool out of your politi-
cal opponent. I think it is horrendous to make
a criminal out of your political opponent,
which is the latest trend in American poli-
tics," he added.
Instead, Carville advocated running a cam-
paign that pointed out the differences between
Bush and Gore.
"We don't need an election about personal-
ities. I think, just hit (Bush) down the line on
the issue distinctions," he said. "If you go
through a list of issues and say 'This is going
to be the America under him and this is
going to be the America under me,' we don't
need to have name calling."
Carville also shed some light on the weakness-

es he believed the Republican party is currentl
experiencing.
"I think the Republican Party that exists today
... the appeal is not what it was in the past and I
think that McCain's popularity showed that
when he was running like 'hey, I'm not really one
of those guys.' I think for Republicans to win,
they have to run as something other than Repub-
licans,' he said.
As he often does, Carville did not pass up the
opportunity to bash his rival party - particularly
the religious right.
"Jerry Falwell -- I said in my book - I
wouldn't piss down his throat if his heart were on
fire," he said.
"The Republican Party doesn't like dissent. If
you don't go out and do the bidding for Jerry F41-
well and Pat Robertson, then they don't want
you.
. He was willing to lend his opinion to who
would fare better in the election.
"I think it'll be a pretty good year. If I had to
guess, I'd say we'll keep the presidency and pick
up some seats in the House and Senate.
"I said the other day ... that one thing you
won't hear Republicans saying this year while
they're campaigning is 'Are you better off now
than you were four years ago?"'

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Dow Jones Industrial Average, NASDAQ and S&P 500
Composite for Week Mar. 30- April 5
DJIA NASDAQ S&P 500
Close Change Close Change Close Change
3/30 10,980.25 -38.47 4,457.89 -186.78 1,487.92 -10.60
3/31 10,921.92 -58.33 4,572.83 +114.94 1,498.58 +10.66
4/3 11,221.93 +300.01 4,223.68 -349.15 1,505.97 +7.39
4/4 11,164.84 -57.09 4,148.89 -74.79 1,494.73 -11.24
4/5 11,033.92 -130.92 4,169.22 +20.33 1,487.37 -7.36
HIGHLIGHTS FROM THE WEEK: The biggest news during the last week was the decision Monday by a
federal judge that Microsoft had violated anti-trust laws with its actions concerning its core product
Windows. This verdict sparked fears among investors that Internet and other technology stocks might be
overvalued and the biggest one day loss for the NASDAQ ensued. Investors' money transferred from the
tech stocks and into the "old economy" stocks featured in the Dow and saw its highest close since Jan. 21.
Tuesday saw record breaking volume for both the NYSE and the NASDAQ, beating their previous records
by a combined total of seven million shares. The NASDAQ gains yesterday stemmed from positive
comments from President Clinton concerning the biotech agreement with the UK and its impact on stocks.
WHAT IS THE Dow JONES INDUSTRIAL AVERAGE? The DJIA represents 30 stocks traded on the
New York Stock Exchange (NYSE) and NASDAQ. They are all major factors in their respective
industries. These stocks are widely held by individuals and institutional investors. Many financial
advisers think of it as a good indicator in telling whether the NYSE is doing well or poorly.
WHAT IS THE NASDAQ COMPOSITE? The NASDAQ is the fastest growing stock market in the
United States due to it being a screen-based stock market, compared to a trading floor market like the
NYSE. It also has almost all of the technological stocks available for trading, which has proved to be a
very volatile industry in the last couple of years.
WHAT IS THE S&P 500? The S&P 500 is a market value weighted index comp-)sed of 400
industrial stocks, 20 transportation, 40 financial, and 40 utility. It is a far broader measu;q than the
DJIA because it takes into account 500 different stocks traded on the two main exchanges (NYSE
and NASDAQ-AMEX) compared to the DJIA's 30 all traded on the NYSE and NASDAQ.
- Compiled by Daily Staff Reporter Kevin Magnuson from wire reports.

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