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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
Apr 02, 2001
Page
4
Two incidents in Aiken County schools highlight the tough realities teachers face. A Paul Knox Middle School veteran was arrested after an altercation with a student, while two sixth graders at Aiken Middle were taken into custody for placing staples in a teacher’s coffee.
The Aiken Standard announces Scott B. Hunter Eastor Jeffrey B. Wallace Kkae Macsen Ellen as personnel along with Priest Circulation Director Garth R. Groshans Timothy E. O Briant James R. Bennett Jr. and Systems Manager J David Boyd in the staff listing.
Washington column notes Nasdaq stock slump parallels Microsoft antitrust actions and a broader tech retreat. The piece argues investor confidence eroded despite unchanged business plans as trillions in value and numerous tech jobs feel the impact across pension funds and households.
Markets fall as DoJ action against Microsoft sparks uncertainty about future industry disruption. Nasdaq declines about 61 percent from Q3 2000, with broader tech momentum wavered amid doubts on change costs and long term leadership. Federal rate cuts promise lower consumer payments, yet the path for tech investment remains volatile.
Washington discusses the stock market bubble, defining a bubble as a scenario where the average stock cannot deliver enough long term return, noting a bubble existed over four years ago and persists after recent declines, as dividends average about 2.0 percent and capital gains depend on future price increases.
The piece argues stock prices rest on a high price-to-earnings ratio, suggesting future returns mirror economy growth about 2.3 percent annually plus dividends for a 4.3 percent real return, while a risk-free US Government bond yields 3.3 percent, implying a bubble and urging accountability for leaders who ignored risks.
Readers critique evolutionism and defend creationism while attacking teaching of creation science. Letters quote scientists and question fossil evidence, while a victimized teacher defends professional integrity amid school discipline concerns at Paul Knox Middle School in Aiken.
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