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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Aug 09, 1982
Page
3
Key members of a presidential commission on Social Security favor tying benefit increases to nationwide wage changes rather than the CPI. The proposal aims to adjust benefits with broader wage trends to reflect earnings growth across the country.
The City Council of Iowa City meets tonight at 7 p.m. to address sewer capacity limits impacting growth on the east and north east sides. Officials seek balance between allowing development and protecting established neighborhoods. The session follows page 8A coverage.
The Federal Deposit Insurance Corp accepted Hawkeye Bancorporation's bid to purchase the assets and assume liabilities of the bankrupt Mount Pleasant Bank and Trust, completing a bank sale.
Raymond Floyd avoided a late collapse by a mid round pit stop that restored his momentum as he ultimately captured the PGA Championship title.
Five years after home ownership was touted as a sure bet, doubts have grown. Readers who asked if buying a home is a good investment now face a flood of contrary assessments. Money, page 4B.
President Reagan proposes a one year extension of the Soviet American grain agreement prompting Moscow to guess if the Kremlin will accept Reagan's terms or let the six year pact lapse. Some diplomats expect a 12 month extension due to grain needs, while internal debate grows. Farm page 6B.
Udo Kroener 18 from Schweinfurt Germany rode across Iowa for RAGBRAI X joining with Teri Rust after learning about the event. He borrowed a bicycle, enjoyed Iowa countryside and met locals while comparing US and German life including KYBO portable restrooms and Amana Colonies. He plans to return with brothers.
Former Secretary of State Alexander Haig will address about 12,000 ABA delegates in San Francisco and receive a 20000 payment, a record fee for the association. ABA officials note Haig may discuss foreign policy while stressing international dispute resolution.
Janice Terry, 31, of Milwaukee, died Sunday after a heart transplant paid by a $130,000 charity fund raised when Medicaid would not cover the procedure. She left two children, and her case drew attention to funding gaps for experimental surgery.
A study prepared for the Justice Department questions the impact of mandatory prison terms on crime. It notes police discretion shifts, court backlogs, and possible release of serious offenders, with limited evidence that mandates reduce crime. The report cites New York drug laws and Massachusetts gun term as examples.
Bernie Niederer receives a long overdue post card written by his brother Charlie in New York on Jan 30, 1969. Charlie died July 12 this year of cancer, the card stamped 6 cents and postmarked June 1982, waiting in a New York post office for a decade. Bernie, 68, says the mail saga has troubled him for years.
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