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This newspaper page contains 7 articles. Subscribers can read the full text of each article.
Newspaper
Ottawa Herald
Location
Ottawa, Kansas, United States of America
Date
Jan 29, 1980
Page
1
The piece ridicules pyramid schemes promoted by sales experts and warns of legal risks, noting federal scrutiny from Kansas officials to the IRS. It contrasts past chain letters with modern big money schemes, highlighting how inflated stakes draw government concern while simple promises entice participants.
Kilpatrick argues California prosecutors should apply pandering laws rather than obscenity statutes to porn cases. He praises a public prosecutor who used prostitution-related charges to convict a Triple-X producer, contending pandering avoids First Amendment hurdles and cleanly targets paid acts, unlike blurred obscenity standards.
A commentator analyzes Exxon nine month sales of 59 billion and breaks down a dollar sale into 48 cents for oil, 28 cents taxes, 16 cents operating costs and 8 cents profit. Despite high oil costs, net corporate profit is under three cents per dollar. With Congress seeking higher taxes, the piece questions relief in energy prices and the impact of taxes on oil companies.
A reader describes hives from cold and fainting after cold water immersion. Dr Donohue explains cold urticaria, risks with swimming, possible underlying illnesses, and seeking medical evaluation. Another reader asks about infected pierced ears. guidance suggests avoiding gold due to allergy and medical ear exam.
A dense fall schedule collage lists Johnny Cash youth special Where Have All The Children Gone and The Sheriff Lobo in a TV night mix. Movies include Life And Times Of Judge Roy Bean and Mother Jugs and Speed with a California set lineup.
AP analyst John Cunniff reports that many large firms will show inflation adjusted losses in annual reports, revealing liquidation risk for investors. He notes GM earned $10 a share in current dollars but about $5 after inflation, and explains how inventory and asset valuation inflate profits.
The piece questions accounting methods as Steven Lewins of Value Line warns that hidden liquidity problems threaten future growth. He cites rising debt since 1965, where earnings fall while debt climbs, contributing to inflation and higher interest rates.
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