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Newspaper
Roswell Daily Record
Location
Roswell, New Mexico, United States of America
Date
Aug 23, 2001
Page
4
The piece notes repeated shifts in budget projections from surpluses to deficits as the economy cools. It cites a $281 billion January surplus projection shrinking due to a Bush tax cut, Social Security uses, and lower revenues, warning against overreliance on long term forecasts.
On August 23 1927 the Italian born anarchists Sacco and Vanzetti were executed in Boston for murders tied to a 1920 robbery. The event sits in a history of political trials and capital punishment with later 1977 vindication by Massachusetts Governor Dukakis.
Betty Kardon Roswell Woman's Club president and Eagle Scout Hal Evans placed a sign marking sidewalks to aid wheelchair users as part of an Eagle Scout project. Evans is the son of William and Mrs. Evans of 1207 S Washington Ave. Lieutenant Ron Wiley, son of Mr. and Mrs. Bob Wiley, received a promotion at the U S Naval Academy. Joseph Williams of Roswell enlisted in the U S Navy through the seafarer program, son of Virginia Williams of 5516 N Ohio.
In off election August, national and state political items echo old stories. The president’s Texas ranch stop and a $1,000 fundraiser for Pete Domenici’s campaign are noted, along with Gov. Johnson’s resignation from New Mexico First and past tax vetoes. The Wen Ho Lee saga, tribal gambling in New Mexico, and looming redistricting mark the slow, cyclical news rhythm before September special sessions.
In a St Paul speech Justice Sandra Day O Connor questions about capital punishment surface amid cases and execu tions. She notes flaws in appointed counsel and cites exonerations and rising death row numbers while urging reforms. Pope John Paul II similarly opposes the death penalty in talks with President Bush.
The Fed's six rate cuts this year did not revive growth and the upcoming quarter-point cut is unlikely to reverse a prolonged slowdown. Analysts warn the budget surplus may shrink as corporate profits slip and stocks slump, with Bush noting a fragile but steady economy.
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