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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
May 19, 2000
Page
9
The Federal Reserve boosted short term rates by half a percentage point in a landmark move, signaling further action may come this summer as inflation pressures persist. The rise targets the discount and federal funds rates, aiming to curb wage and price spirals while the economy shows resilience and inflation expectations loom.
A Lake Charles American Press report warns of a rising ecstasy epidemic in the United States. It notes the drug’s popularity among youths, its dangerous physiological effects, and urges parents to discuss the issue with their children to deter usage.
Sandy Grady says Hillary Clinton is in a political luck streak, likening her to a gambling hot streak from Preakness to Atlantic City. The piece notes her Albany nomination speech, contrasts with Giuliani’s health rumors and possible exit, and imagines Lazio as a foe, while praising Clinton’s revival from past scrutiny and her rosy odds in New York Senate race.
Andrew Cassel argues that the 2000 campaign shifts toward stock market influence as Bush and Gore frame Social Security around market faith. The piece portrays Wall Street as the Bull and Bear parties shaping voters and the outcome, with Dow Jones and Nasdaq guiding the race more than polls.
Letter writers discuss converting the Newberry Street theater to replace Price Ave, with estimates up to 1.5 million and potential city funding. A shift to a multi purpose use favors Westinghouse, while plant downsizing raises questions about spending on a South Carolina project versus Savannah River options. Political stances follow, urging support for Pat Buchanan as a Protector of Southern heritage.
The Aiken Standard invites brief letters with signature address and daytime and home phones for verification. All letters may be edited and condensed. Address Letters to the Editor at Aiken Standard P O Box 456 Aiken S C 29802 or email editorial duesouth net or fax to 803 648
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