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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Jan 02, 1988
Page
9
The leaders praised arms control while signaling continued aims like Star Wars. Reagan urged freedoms in the Soviet Union and Afghanistan, while Gorbachev pledged ongoing perestroika and reform. Networks wrestled over air times.
Parades and parties mark 1988 start with millions in streets and bowls games. Rose Parade in Pasadena draws just under a million spectators. Boston First Night and Times Square draw hundreds of thousands. Gunfire in Los Angeles claims two lives. injuries arise at parades. police arrest over 450 for public drunkenness. Two Army lieutenants leap from a Fort Riley plane at midnight.
The June law by the Supreme Soviet makes chronic loss makers potential targets for liquidation while setting a framework for self accounting across as many as 60 percent of industrial outputs. Gorbachev pushes market mechanisms to modernize socialism amid worker skepticism and partial reform.
The new law changes state run factory control from a central command system to local managerial contracts. Enterprises must be self financing, debts risky, and profits can fund higher worker pay. Moscow ministries withdraw from daily operations as central planning narrows to national issues. All 48 000 enterprises must operate under the new rules by 1991 for civilian production.
Paul Towsley, 90, and Lavinia DuBois, 89, wed in Florida then plan a Las Vegas honeymoon. DuBois has five children, 23 grandchildren, 32 great grandchildren and a great great grandchild. They met four years ago in Melbourne and now live together.
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