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Newspaper
Cedar Rapids Gazette
Location
Cedar Rapids, Iowa, United States of America
Date
Sep 24, 1998
Page
4
Joe Hladky serves as President and Publisher while Ken Slaughter is Vice President and Treasurer. Dale Larson fills the role of Vice President and General Manager. Mark Bowden acts as Managing Editor.
Editorial notes the 1997 baht collapse triggered global turmoil, sent stock markets down, and pushed millions into poverty. It cites 1998 farm income drops of 35 percent nationally and 38 percent in Iowa, with Deere & Company pausing Waterloo shifts as demand waned. {Names: Agco Corp, New Holland Corp., Case Corp., Deere & Co., United Auto Workers Local 838.}
A Mason-Dixon Iowa Poll finds 50 percent of Iowans trust President Clinton and 47 percent do not. Voters disdain the president's admitted misbehavior but stop short of demanding resignation, reflecting mixed views within middle America.
Elise Banducci argues that coverage of the Starr report and Clinton saga shaped public mood more as a soap opera than a legal crisis. She notes newspapers urged resignation, viewers flocked to video, and the nation treated the scandal as mass entertainment rather than a constitutional turning point. The piece reflects on media influence and public appetite for televised confession.
Walter Russell Mead argues President Clinton faces a worldwide financial emergency that risks democratic progress and global peace. He notes poll support due to economic bets, but warns only strong leadership and IMF World Bank reform can avert widening crises while Greenspan’s policy limits and international divisions hinder action.
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