A Borrowing Fever Drives Debt and Risk Across Nation
A broad review discusses rising consumer debt, bankruptcy inflows, and the economy’s fragility. It cites 813 Central New York bankruptcies in Q1 1990, a near 50 percent rise, and notes consumer credit growth of over 50 percent in six years to surpass 720 billion nationwide. It warns of peril if spending outpaces income. It quotes Martin Regalia on credit saturation and implosion risk, and describes aggressive lending tactics, high card rates, and the illusion of painless consolidation, urging prudent repayment rather than continued borrowing.
MENTIONED IN THIS ARTICLE
New York
Martin Regalia
National Association of Savings Institutions
U.S
Non Traditional Teachers Gain Ground At NEA Convention
The National Education Association dropped opposition to mid career professionals teaching in their specialty while they study to become teachers. With 33 states allowing such programs, the move addresses teacher shortages. Experienced professionals will earn licenses while teaching, bringing subject mastery and credibility to classrooms. Some critics warned of unqualified entrants, but supporters argue licenses remain required and the arrangement benefits both teachers and students.
MENTIONED IN THIS ARTICLE
Kansas City
National Education Association
NEA
New NY law mandates headlights in rain and wipers use
Citizens cheer a new New York state rule requiring motorists to activate headlights in rain snow or whenever windshield wipers run to improve visibility. A $100 penalty is set for violations and officials hope drivers comply. The piece also notes FEC scrutiny of corporate PACs with foreign ownership in campaigns.
MENTIONED IN THIS ARTICLE
New York
Federal Election Commission
FEC
Oil City gamble and the Pyramid project in Syracuse
Thomas H. Green Wood questions whether Syracuse’s future hinges on Pyramid Companies led by Robert Conger. He cites vast spending, tax abatements, site hazards, retail overbuilding and political pressure while wondering about past Pyramid projects and potential risks to the city’s tax base and leadership.
MENTIONED IN THIS ARTICLE
Tom Young
Pyramid
Watertown
Syracuse
Oil City
Franklin Square
O.M. Edwards
Reader letters challenge hepatitis shots headline accuracy
Barbara R. Goldberg of Baldwinsville disputes a June headline claiming hepatitis shots hurt. She describes her family's gamma globulin experiences as painless and urges objective reporting, citing a perceived epidemic risk and fear driven by the photo and language.
MENTIONED IN THIS ARTICLE
Barbara R. Goldberg
Baldwinsville
Two judges uphold jail terms for prayer at Planned Parenthood
On June 25, Judge Patrick Cunningham affirmed Judge Jeffrey Merrill’s sentence of 30 days in jail for seven individuals who knelt in prayer on Planned Parenthood property in violation of an order of protection. The same ruling upheld Rev. Lee Simmons’s 45 days for tearing the order as free speech. The editorial criticizes the judges for prioritizing their turf over the Bill of Rights and condemns the actions as protecting a controversial site over protecting vulnerable lives.
MENTIONED IN THIS ARTICLE
Patrick Cunningham
Jeffrey Merrill
Planned Parenthood
Lee Simmons
Merrill
Cunningham
US dollars and Cold War aid reach Eastern Europe?
The piece compares US and Western aid to Eastern Europe with classic relief efforts and asks readers if tax dollars should rebuild the Soviet economy. It notes over 12 billion dollars pledged to Poland and Hungary and cites a proposed 15 to 20 billion package. invites 300 word responses by noon Sunday with contact details and mailing, fax, or drop-off options in Syracuse Herald American.
MENTIONED IN THIS ARTICLE
Teddy Roosevelt
Roughriders
San Juan Hill
America
Europe
Poland
Hungary
Czechoslovakia
United States
Mikhail
Gorbachev
Soviet Union
Syracuse Herald
American P.O
Syracuse
N.Y
Clinton Square
Herald-Journal
Herald American
Reeders
Syracuse Newspapers
Injustice noted over Massaro's recycling actions
Liverpool resident James H. Coupe criticizes Jim Massaro for improper disposal of non-recyclable items on lawns. He argues the incident increases pollution and suggests customers leave trash cans out for proper disposal to contain litter and protect the environment.
MENTIONED IN THIS ARTICLE
Jim Massaro
Herald-Journal
Massaro
Also Mentioned on This Page
THE
Herald Company
Syracuse Herald-Journal
Arthur Jenkins
Herald
Stephen Rogers
Stephen A. Rogers
Timothy D. Bunn
Timothy P. Atseff
Domald P. Pickard
James F. Kleinklaus
Thomas J. Heck
Tate
Donald
Robert Congel
Congel
Pyramid Companies
Mr. Conger
Onondaga Lake
Disney World
Conger
Thomas H. Green Wood
Jefferson Center
Century Plaza
Kage Dow
James H. Coupe
Liverpool