Editorially Speaking on Personal Debt and Savings Trends
A survey shows savings rise in recessions while debt grows in booms. In early 1958 a recession period, Americans added 1.33 in savings for every 1 of debt. Last year six cents of each take home dollar went to savings, lifting total to about 277 billion. Americans are 87 billion ahead, a nest egg for emergencies.
MENTIONED IN THIS ARTICLE
Avérat Nerican
California lawmakers tackle telemarketing ban and crew facilities
In Sacramento the legislators push a telemarketing prohibition targeting private residences for selling or soliciting services without consent. A separate bill would require transportation firms to provide crew facilities including showers, sparking debate over in-flight and on-road amenities.
MENTIONED IN THIS ARTICLE
Sacramento
Oscars Hangover After Easter Event Yet To Be Repeated
Post Easter Academy Awards wrap leaves fans in dread of a repeat in 1960 while winners Susan Hayward David Niven Burl Ives and Wendy Hiller savor their triumphs. Bob Hope quips that he values friends over an Oscar.
MENTIONED IN THIS ARTICLE
Grauman
Susan Hayward
David Niven
Burl Ives
Wendy Hiller
Bob Hope
Dubious Distinction and Bankruptcy Reflections
Norwich New York Clarion notes that liquor status does not confer real distinction and warns that debtors often recover debt rapidly after bankruptcy. It discusses rising bankruptcies, creditor losses, and the six year wait before discharging and potential fresh debt.
Initiation of Dale Siemens in Order of the Arrow
Dale Siemens, son of Mr. and Mrs. Ernest Siemens and Wasco High School student, attended spring camporee in the mountains near Granite Station. After tap out he spent the night apart from others as initiation progresses toward full membership in the Boy Scouts’ Order of the Arrow, an honor limited to qualified campers.
MENTIONED IN THIS ARTICLE
Granite Station
Dale
Order of the Arrow
Boy Scouts
Ernest Siemens
Wasco High School
Forty Top Scholars to Be Honored at Shafter Banquet
Shafter will honor forty of its top scholars at the Community Achievement Banquet on May 7 at 7 30 p m. Students from grades seven through twelve chosen by school faculties will receive awards. Banquet tickets go on sale this week via sponsoring service organizations. Donald Kent, speaker, has a deep background in commerce and military logistics. Ben Grundy will present awards. Milk quote appears as an aside.
MENTIONED IN THIS ARTICLE
Donald Kent
Kent
Coberly Plumb
Ben Grundy
Shafter
Kern County school district picnic set for May 8
The Kern County Union High School and Junior College District plans its annual picnic on May 8 in the gym starting at 5 pm for certificated and classified staff and their spouses. A dinner at 6 pm, tickets at 1.75, pre dinner pool activities, and games are planned with General Chairman Harry Drennan guiding committees including Gates Van Osdel Acree and Hartley.
MENTIONED IN THIS ARTICLE
Kern County Union High School
Harry Drennan
Bakersfield College
Charles Gates
John van Osdel
Gerald ‘Hedden
Gene Hartley
Drennan
Dale Acree
Avery Allen
Drnnan
Cecil
Subscribe To The Shatter Prec and Weeks
Brief subscription note offers bergelts at $3.50 per year claiming enjoyment.
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