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Newspaper
Hamiota Echo
Location
Hamiota, Manitoba, Canada
Date
Jan 19, 1983
Page
2
A Canadian columnist uncovers a 144 percent mortgage's painful math with a case study from Victoria and Grey Trust. He explains the high interest drains principal and urges readers to demand renegotiation clauses and shorten amortization to escape debt sooner.
Recalling Rudyard Kipling and literary crime mentions, the piece cites a New Year’s speech urging unity amid rising unemployment in Canada. It notes Canada Post rate hikes to 32 cents domestically, 37 cents to the U S, and 64 cents internationally. Astronomers debate the universe’s age, seven or twenty billion years, a controversial but casual remark.
A Merit Report survey shows Americans grade Ronald Reagan mid range overall. Unemployment frustration yields a D plus, inflation improvement earns a C, and foreign policy receives a higher C plus with men favoring him more than women. Economic recovery will shape 1984 prospects.
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