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Newspaper
Pecos Enterprise
Location
Pecos, Texas, United States of America
Date
Jan 17, 1979
Page
8
Editorial reflects on Freedom House’s Comparative Survey of Freedom 1978. It notes net gains for the second year, with 35.1 percent of people classified as free and 40.2 percent not free across 158 nations. The piece cautions that Western standards influence assessments, yet observes improving global freedom despite regional declines.
Victor Neiderhoffer of NEIDERHOFFER, Cross & Zeckhauser, Inc. markets mergers for private companies, claiming a typical sale yields about three times book value and ten times earnings. He maintains contact with 200,000 firms, urging owners to cash out through acquisition. He notes buyers focus on current performance, not potential, and his firm represents only sellers to secure favorable terms.
Washington AP safety regulation to shield blades and halt them within three seconds could add 20 to 45 dollars to most power lawn mowers and prevent about 60,000 injuries annually. The proposal, due for approval at a January 25 meeting, enjoys tentative industry support. The rule would apply to power mowers only, excluding manual, riding, and large consumer mowers.
A Army spokesman said charges were dropped against Sgt. George R. Moss for maltreatment and assault of three recruits at Fort Jackson. The court martial was deemed not supported by sufficient cause. Moss, 27, of Edgefield, was accused of chest blows and shoving a recruit on December 15.
The United States refused a risk-free Ugandan dissident plan to overthrow Idi Amin and supply arms via Kenya in late 1977. Israel reportedly agreed to aid. Kenya’s acquiescence would have been needed for airlifted supplies. Critics say U.S. inaction cost Ugandan lives and allowed Amin to remain in power.
Washington reports say the State Department rushed to avoid a diplomatic embarrassment during the U S visit of Chinese Deputy Premier Teng Hsie-peng after discovering there were no flags of the People's Republic. A last minute order for 150 banners, reportedly not from Taiwan, averted the issue. If red flags had failed, the plan was to line the capital streets with red official faces.
Washington observers warn President Carter faces undue risk by insisting on a sub 30 billion dollar deficit for the next fiscal year. Senate critics note the deficit is highly unpredictable and dependent on economic health, with past projections proving overly optimistic.
Washington argues that unemployment in 1980 should average no more than 6.2 percent, a rise risking a $15 billion revenue drop and a $3 to $5 billion spike in welfare and unemployment costs. Entitlement programs drive most uncontrollable outlays, limiting impact of budget cuts. Muskie pushes for long term reforms, but political reality hampers reductions.
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