8A - The Michigan Daily - Thursday, October 28, 1999 Lawmakers won't attempt to limit Granholm LANSING (AIP) - The day after a meeting between Gov. John Engler and Attorney General Jennifer Granholm, key lawmakers said yesterday they don't plan to pursue measures that would limit the attorney general's powers. But some left open the door to future legislation, implying that the debate over those powers is just beginning. "This issue is still out there, of separation of powers and protecting the rights of people who are adversely affected by attorney general opinions," said Rep. Andrew Richner (R- Grosse Pointe Park), who introduced one of the bills. "I have never said that these bills should be passed overnight. These deserve due consideration. If it takes more than a few weeks, a few months or a few years, so be it." The bill introduced by Richner would make attorney gen- eral opinions advisory. Right now, those opinions are legally binding once they are issued. Rep. Clark Bisbee (R-Jackson) introduced a bill that would forbid the attorney general from suing the state. Both bills were prompted by actions from Granholm, who said earlier this year that she was considering arguing against the state in a lawsuit involving casinos. After Granholm appeared before a House committee to defend her office against the legislation, Engler criticized lawmakers for not speaking to her before the hearing. Memos later showed that Engler's office for months had been researching ways to limit attorney general powers. The debate had a partisan tone, with some claiming Granholm - the lone Democrat to hold statewide office other than U.S. Sen. Carl Levin - was being unfairly attacked by Republicans. Although Granholm had met with members of Engler's staff, Tuesday's meeting was the first between Granholm and Engler since the flap began. Granholm spokesperson Chris De Witt characterized their da EXPRESSIONS PERSONALIZED PRODUCTS OFFERING UNIQUE PERSONALIZED GIFTS TO CELEB (IN MAIZE & BLUE), IRISH HERITAGE, GOLF HOLE IN ONE WHOPPER, AND YOUR PRIVACY. QUALIlY AT AFFORDA VISIT US ON THE INTERNET AT www.daexpressions.com More than 200 attend Forbes speech1 FORBES Continued from Page 1A do is taxed." Forbes discussed his concept for protecting Social Security. It calls for the creation of accounts for every worker reserved only for that individual's pension plan. "The fruits of your labor would remain with you, not with politicians," Forbes said. "It belongs to you and your family. "It belongs to you. You created it. You decide what ought to be done with it," he argued. "That's the essence of a free society." Healthcare would be treated similarly under Forbes' pro- posal to allot each person a certain amount of money to be used for medical expenses. "Each year, healthcare costs thousands of dollars and you seem to get less and less,"he said. Patients would become cost-conscious, Forbes said, and pay less for hospital care or prescriptions, with the remain- der of the allotment becoming "money in their pocket." "At the end of the year, if you don't spend it all, we cut you a check," he explained. Following Forbes' speech, Business junior Barb Lambert said although she thought the New Economy pro- posals sounded like good concepts, implementing them would be easier said than done. "I think he truly believes in what he's doing," said Lambert, a member of the campus College Republicans. "I don't think he's out just for power." LSA senior Jeff Irwin, a Democratic candidate for the Washtenaw County Board of Commissioners in next Tuesday's elections, said the mathematics behind Forbes' ideas wouldn't work on paper. "You can't cut taxes across the board and run the same pro- grams," Irwin said. "I don't know where the money's coming from. AP PHOTO After Gov. John Engler met with Attorney General Jennifer Granholm on Tuesday, legislators said they wouldn't try to limit the powers of her position. discussion as frank. "No one can speak for the Legislature, but we don't expect to see any action on these bills," De Witt said. Engler spokesperson John Truscott said the meeting was "very good" and focused on ways to avoid future problems. "They still have differences about the role of the attorney general," Truscott said. "But (Engler) stressed that in the past, close cooperation has resulted in a minimum of problems between these two offices. By picking up the phone in the future we can avoid these kinds of problems." Truscott said Engler hasn't read the bills introduced by Richner and Bisbee and hasn't made a commitment either way on whether he would support the legislation. That decision may not be necessary, at least for now. State Sen. Ken Sikkema (R-Grandville) who had drafted legislation similar to Richner's, said he also has met with Granholm and doesn't plan to pursue the issue further in the Legislature. 7DAILY 3 DOUBLE! S e RATE Y2K READ THE ANGLING A DAN LY ABLE PRICES. RECYCLE THE DAILY. JEREMY MENCH,, Democratic presidential candidate Steve Forbes speaks in the Kuenzel Room of the Michigan Union yesterday. "I think he's a quack," he added. Though Forbes trails Bush by a large margin in the most recent polls, he has sufficient financial resources and is confident that his qualifications speak for themselves. "I have more executive experience than all the other can- didates put together," Forbes told reporters before leaving campus. DEBATE Continued from Page 1A without giving the cost "is just politi- cally posturing" Gore also used his opening ques- .tion to distance himself from President Clinton, even though the questioner never mentioned the presi- dent's name in asking about public cynicism toward politics. "I under- stand the disappointment and anger you feel toward President Clinton and I felt it myself," Gore said, referring to the president's relationship with Monica Lewinsky. "I also feel that the American people want to move on and turn the page and focus on the future and not the past." Ie defended himself against charges that he should have spoken out more aggressively at the time, asserting that he was trying to provide "continuity and stability" during a tumultuous time. It was a stock answer by the vice president, but it was notable for his eagerness to deal directly with an issue that hangs over his candidacy. For the most part, the hour-long event was marked more by civility and general agreement on wide range of domestic issues than by disagree- ment or rancor. The two candidates made clear they would support a more ambitious and costly agenda than Clinton has advocated, and endorsed policies that are important to the lib- eral wing of the Democratic Party. 0 Dow Jones Industrial Average NASDAQ and S&P 500 Composite for Week 10/20-10/27 I *~~~~~~~~ ~I . _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ e DJIA Close 10/2110,297.69 10/22 10,470.25 10/25 10,349.93 10/26 10,302.13 10/27 10,349.89 Change -94.67 +172.56 -120.32 -47.80 +92.76 NASDAQ Close 2,801.95 2,816.50' 2,815.95 2,811.27 2,802.52 Change +13.82 +14.57 -0.57 -4.68 -8.95 S&P Close 1,283.61 1,301.65 1,293.63 1,281.88 1,296.71 Change -5.82 +18.04 -8.02 -11.75 +14.$0 Highlights from the week: The Dow had a late rally yesterday before the release of key economic data due to be released this morning. The third quarter employment cost index will be very closely watched* because it is one of Federal Reserve Chair Alan Greenspan favorite inflation measures. Most analysts expect a 0.9 percent increase rise for the quarter. Inflation worries have driven down the Dow 10.7 percent since its Aug. 25 record close. Future company earnings could be threatened if interest rates are raised at the Fed's meeting next month. Company's borrowing costs then increase, making financial growth more costly. Two popular initial public offerings were made last week as Martha Stewart Living OCmnimedia,on the NYSE and World Wrestling Federation Entertainment Inc.,on the NASDAQ debuted. What is the Dow Jones Industrial Average? The DIA represents 30 stocks traded on the New York Stock Exchange (NYSE) and 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 U.S. 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 composed of 400 industri- al stocks, 20 transportation, 40 financial, and 40 utility. It is a far broader measure 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 traded on the NYSE and NASDAQ. - Compiled by Daily Staff Reporter Kevin Magnuson from wire reports. CINEMA BEER BELLY, VOL 4 Various Artists COCTEAU TWINS BBC Sessions | - I (0 0l x a WJ cc et I NO USE FOR A NAME More Betterness 2 CLAWFINGER Clawfinger The Department of Philosophy The University of Michigan announces The Tanner Lectue On HumanValues 1999-00 Helen Vendler Arthur Kingsley Porter University Professor Harvard University Whitman on Lincoln: Aspects of Value Friday, October 29, 4:00 p.m. Rackham Auditorium, 915 East Washington Street Symposium On The Tanner Lecture HELEN VENDLER KENNETH FUCHS Director and Professor of Music University of Oklahoma MARK E. NEELY, JR. 4t v- J 4 D 4 THE CHARLATANS UMATB Us And Us Only Movin' Melodies 0R c-c 1 i IWI 4 I M