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This newspaper page contains 6 articles. Subscribers can read the full text of each article.
Newspaper
Bluefield Daily Telegraph
Location
Bluefield, West Virginia, United States of America
Date
Aug 28, 1981
Page
6
A child runs to his mother for comfort and the Book of Isaiah likens God’s care to that maternal solace. Isaiah 66 13 expresses that God will comfort the people of Jerusalem as a mother consoles her child.
The Gulf of Sidra encounter between two U S Navy F-14s and Libyan fighters highlighted risks in power projection. It reinforced U S rights to international waters, deterred Khadafy’s bullying, and signaled Moscow that Reagan would defend allies without immediate war. History suggests such gunboat diplomacy reduces near term confrontation while affirming interests.
A San Francisco columnist ponders Thatcher era policy and Milton Friedman’s sway. The piece critiques monetarism, explains G equals T plus C plus Delta B plus Delta M to the H, and discusses M3 targets, inflation, and British lending practices. It notes Thatcher’s stance and Burton’s critique, with comparison to unemployment and global competitiveness.
In New York the Reagan administration urges American business to expand in 1982 as tax cuts and budget discipline are set, while acknowledging success hinges on large corporate decisions. It notes collaboration is vital but warns that high interest rates, driven by Fed chair Paul Volcker, slow expansion plans and could threaten the hoped economic rebound.
European cases show cities and school districts outsourcing services from inspections to cleaning to cut expenses. Denmark uses Falk Company for fire and rescue in half the municipalities while Sweden England and Switzerland report lower costs with private contractors. England's Kent County saves by home care substitutes for nursing homes, though privatization raises oversight questions.
In a private letter General Dynamics Electric Boat alleges Admiral Rickover pushed a new nuclear sub La Jolla into reverse too long during a routine test. The sub sank 240 feet before shutdown, without catastrophic results, prompting calls for tighter safety checks and questioning leadership. Three-minute reverse maneuver sparked defense contractor criticism and broader Navy accountability debates.
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