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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Mar 24, 1977
Page
2
In our opinion the Malpractice Insurance Act did not cut premiums. Insurance carriers seek steep increases from 70 to 190 percent, while doctors and patients suffer. Hearings in early April aim to address the rising costs and find a remedy before socialized medicine looms.
The piece defends Taft Hartley as protecting labor interests through fringe benefits under collective bargaining and trusteeships. It highlights 4000 pension plans for 10 million workers, $18 billion in assets, and contrasts with Social Security. It notes the International Foundation of Employee Benefit Plans, its conferences, Wharton course, and trust fund administration by labor and management. The article ends with a note on EFT liability debate and a 1976 commission report urging consumer safeguards.
A government commission presses for consumer protections in electronic funds transfers while regulators debate the role of government oversight. It urges privacy safeguards, access limits to financial records, and clear customer rights, emphasizing that EFT will expand but not replace existing payment methods. The report warns against abuses, notes the need for transaction records, and calls for marketable options like value dating while stressing continued use of checks and credit cards.
Washington reporting by Jack Anderson reviews Howard Hughes mysterious role in Watergate. Documents suggest Hughes closely followed the probe, funded political insiders, and advised on secrecy. With aides like Robert Bennett involved, the billionaire’s full involvement remains unsettled and unprobed by prosecutors.
Los Angeles AP reports former president Richard Nixon will discuss his career and Watergate in a six hour interview series with British host David Frost. Frost says taping runs two hours per session with 12 sessions planned, covering Nixon’s last days, foreign and domestic policy, and Watergate.
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