Chrysler aid windfall prompts cautious stance on government aid
The piece notes Chrysler withdrew a request to forgo a $180 million stock profit on its $1.2 billion loan guarantee. It contrasts Treasury gains of $36 million and a $13 guaranteed stock price with risks of setting a bailout precedent. It cites Lockheed's 1970s loan as a cautionary tale and praises the pullback as prudent for future credit offers.
MENTIONED IN THIS ARTICLE
Chrysler Corp
Uncle Sam
Federal Loan Guarantee Board
U.S. Treasury
Chrysler
Sam
Lockheed Corp
Lockheed
High school bonuses to boost math and science enrollment
The Iowa Legislature considers offering up to 500 per student for seven high school math and science courses to attend an Iowa college. The plan hinges on governor approval and uncertain results. Analysts urge careful tracking of enrollment patterns and college majors to judge effectiveness.
MENTIONED IN THIS ARTICLE
Iowa
Reagan criticized for unfairness in welfare critique
The piece argues Reagan faces a fairness issue amid cartoons of policy as harming the poor. Stockman defends social program spending, comparing Carter era outlays to Reagan’s and noting modest gains for middle and lower incomes while targeting aid more precisely.
MENTIONED IN THIS ARTICLE
Reagan
White House
David Stockman
The
Hill
Joint Economic Committee
Stockman
Carter
Congress
We of the Committee to Save Bloody Run Take Strong Exception
A readers letter targets IDOT Chair Robert Rigler over comments on the Highway 18 bypass. The group argues the project is financially and environmentally flawed, citing outdated studies, impacts on Bloody Run Creek and the driftless area, and questioning the bypass cost at 75 million dollars for four miles. They call the plan selfish and unsafe.
MENTIONED IN THIS ARTICLE
Bloody Run
Robert Rigler
Idot Commission
Rigler
Iowa
IDOT
Committee To
Highway 18
The Riddle of E T Parallel to Jesus Christ
Dr. Al Millar outlines 33 parallels between E T and Jesus, noting causes and events such as prior extraterrestrial existence, healing, rebirth, resurrection, and a final ascent to home. The list invokes Christian imagery including light, forgiveness, and eternal presence.
MENTIONED IN THIS ARTICLE
Riddle of
E.T
al Millar
Jesus Christ
Debates on Longer School Hours and Civic Concerns
A letter urges moderation in schooling, arguing longer days won t boost learning and criticizing education expansion. It also questions Marion city zoning on alcohol sales near St Joseph s Church and accuses local government of special interest influence and lax ordinance enforcement.
MENTIONED IN THIS ARTICLE
Pam Peterson
Cedar Rapids
St. Joseph's Catholic Church
Marion City
Driving Safely Through Drunk-Driving Awareness
The piece urges stronger enforcement and public tips to curb drunk driving. It stresses warning drunk drivers, designating a sober driver, and calling police to prevent accidents on highways.
Thieving Kids At School Stir Frustration
A student laments a jacket theft at school and questions parental responsibility. The writer notes the loss affected their mother who works two jobs to support the family and asks why other parents do not monitor their children’s behavior.
Poppy Day Appeals In Cedar Rapids Next Saturday
The American Legion Auxiliary invites Cedar Rapids residents to wear a poppy next Saturday to honor war dead and disabled veterans. Poppy Day, active for 62 years, funds memorial flowers made by veterans in hospitals and recuperation centers nationwide, with local poppies produced at the VA Hospital in Knoxville and the Veterans Home in Marshalltown. Shirley Henderson, poppy chairperson for Hanford Unit 5, urges participation.
MENTIONED IN THIS ARTICLE
American Legion Auxiliary
Cedar Rapids
John McRae
Flanders’ Fields
Knoxville
Veterans Home
Marshalltown
Shirley Henderson
Poppy
Hanford
Sherman St. NE
Also Mentioned on This Page
J.F. Hladky, Jr
Board of
Joe Hladky III
John Donnelly
John Robertson
Art Heusinkveld
the Gazette
Washington
Jimmy Carter
Universal Press Syndicate
James J. Kilpatrick
Pentagon
Jera Gorin
International Associate OF Machinists
Florida
Amtrak
Earth
Elliott
Christ
City of
Marion
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