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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Dec 17, 1996
Page
4
The CPI debate hinges on two issues: calculation and use. Congress controls benefit updates, not the math. A precise CPI is a true measure of price changes, with revision aimed at accuracy, not tax increases or budget goals.
President Clinton plans a longer inaugural speech after reviewing his record and goals. In a C Span interview he says he aims to unite a diverse nation and set a forward looking agenda.
Datelined Waco Texas the Associated Press reported that David Koresh did not rise on Saturday to lead 200 million martyrs and angels. The note recalls the 51 day standoff ending with the Branch Davidians dead in a fire near Waco. The followers are disappointed and the question remains is anyone surprised.
Sam Beard of Economic Security 2000 argues for adding individual accounts to Social Security while preserving the social insurance base. He cites wage disparity, aging demographics, and potential savings gains, urging a bipartisan push modeled after the GI Bill and FHA programs to expand economic opportunity.
The market sees volatile days as Greenspan warns of irrational exuberance and declares no Santa Claus. Investors swing between gains and losses across stocks as global markets react to the Fed chairman's remarks. Analysts note confusion over consumer demand and policy signals amid holiday effects.
A reader condemns a proposed $180,000 per bed for a 35 bed juvenile detention center and urges a cheaper workable alternative. The letter cites alleged corruption, extortion, and death threats from local authorities prompting relocation to New Mexico.
Proponents claim annexation is needed for solvency and growth while opponents accuse the city of overreach. The dispute centers on two mile subdivision limits, tax rates, and which interests drive the push to keep or block expansion.
The Gazette accepts letters up to 300 words. Include name street address and daytime phone. Only name and hometown appear in print. Send to Cedar Rapids Gazette Box 511 Cedar Rapids Iowa 52406 or via FAX 319 398 5846 or email gazette fyiowa infi net.
Concerned Citizens for Marion plead with residents to oppose Terry Bjornsen's plan to rezone land for a three story office complex beside Squaw Creek Park. They cite opposition by Linn County officials and over a thousand residents and call for a council vote against the rezoning at the December 19 meeting. They seek funds to buy the land and preserve it as parkland for future generations.
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