20 May 1992
Page 1
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Newspaper
Aiken Standard
Location
Aiken, South Carolina, United States of America
Date
May 20, 1992
Page
1
At the Aiken County Council chambers critics pressed for a top to bottom FY 98 budget review. They urged deep cuts, questioned tax increases, and demanded clearer financial reporting and tighter budgeting amid confusion over local and state budget processes.
The Commerce Department reports March trade gap at 5.82 billion dollars, up 77 percent from February. Exports fell to 36.98 billion while imports hit 42.79 billion, the highest since November 1990, signaling renewed weakness in international demand and potential policy responses. The Dow rose to another record as investors bet rate cuts may follow.
Pathologists James Humes and J. Thornton Boswell reaffirmed in the Journal of the American Medical Association that Kennedy was struck from above and behind. They rejected forward‑shots conspiracy theories, stating the entrance and exit wounds prove the fatal shot path and deny any cover‑up.
An autopsy report concludes Lee Harvey Oswald acted alone firing on the presidential motorcade from the Texas School Book Depository. Four doctors who treated Kennedy at Parkland Memorial Hospital disputed a recently published book.
Readers are invited to share tips by calling the local news desk at 648 2311 for story ideas and information.
Henry F. Adams Brevard Lila Boyd Bath Bruce Darabaris North Augusta Sara Darabaris North Woodrow Ray Augusta Herbertson Williston shown in the community notice with page reference for details.
Emergency officials in South Carolina urge preparedness as the Atlantic season runs June through November. About 160 officials will meet to discuss shelters searches and media response with inland counties represented. Hugo's 1989 impact is recalled and evacuation plans urged.
Aiken County Council Chairman Carroll H. Warner announced a procrastination strategy to delay property tax reappraisal. The plan, aimed at slowing the re-evaluation process, will be unveiled at the next council meeting amid budget talks and proposed changes including a 15 road vehicle fee.
Ross Perot disclosed a 128 page FEC report showing a $26.6 million to $131 million income range from assets. He holds hundreds of millions in tax free state and municipal bonds across Hawaii to Massachusetts and reports real estate in the Dallas Fort Worth area. He also invested in stock options foreign currency and emerging electronics ventures while detailing cautious low risk bonds and government securities.
The report shows Perot's annual income from 26.6 million to over 131 million with investments heavy in tax free munis, Treasuries and government securities. Liabilities include ten loans over 1 million and a mortgage above 1 million at 11.12 percent. Real estate spans Texas, Alpharetta Georgia, and Richmond Virginia.
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