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Newspaper
Odessa American
Location
Odessa, Texas, United States of America
Date
Mar 31, 1981
Page
1
AP's Glenn Ritt analyzes the long-standing Keynesian theory as critics clash with supply side planning in the ongoing three part series. The second installment delves into traditional economic thinking and its role amid Reagan era policy debates.
President Reagan, 70, in exceptionally good condition and excellent spirits, resumed duties from a George Washington University Hospital bed after a hospital stay for a chest wound. He signed a daily price support bill and greeted visitors as doctors predicted a return to activity within days. Meanwhile Brady, shot in the forehead, shows progress but remains unable to speak as doctors report brain damage with possible lasting effects. FBI data show violent crime rose 13 percent in 1980, with overall crime up 10 percent. officials warn against rising violence and outline federal action and regional trends across cities and rural areas.
John Warnock Hinckley Jr a quiet Lone Star graduate and college dropout with psychiatric troubles shocked a nation by firing on President Ronald Reagan. Neighbors classmates and FBI confirmed the 25 year old carried two identical .22 caliber pistols bought in Dallas on Oct 13.
Freeman Gregory reports in Odessa that coffee shop patrons demand swift punishment for John Hinckley Jr. while others urge trial and proper sentencing. E E Bankowsky and John White voices reflect anger, speculation about wealth, publicity, and a lack of work.
Kingsville Texas AP energy researcher predicts thorny mesquite on South Texas range could yield 20 to 30 percent cheaper energy than oil coal or gas with a harvest cost of 23 dollars per dry ton. He says mesquite wood can generate electricity or heat and be gasified for chemical plant inputs pods offer fermentable sugars for alcohol and livestock feed.
Rep. Phil Gramm pitches private funding to fill the Strategic Petroleum Reserve arguing investors would buy equity shares tied to barrels of oil. He proposes bonds mature in 10 years with sale on exchanges and government control of oil, while critics doubt private appetite and inflation risk.
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