S&L bailout reforms urged to salvage crisis
The plan to save the savings and loan industry faces gridlock and rising costs as the RTC holds thousands of assets worth billions. Critics urge consolidating authority, looser financing, and broader power to price seized properties to avoid a taxpayer burden nearing 300 billion over 30 years.
MENTIONED IN THIS ARTICLE
George Bush
Savings and Loan
Resolution Trust Corp
Washington
Henry Gonzales
D-Texas
House Banking Committee
RTC
Who leaves school in this era of dropout statistics
Government analysis shows Hispanic students have the highest high school dropout rate at 35.7 percent, far above whites at 12.6 percent and blacks at 14.8 percent. Despite most dropouts being white, the trend among Hispanics, many immigrants, poses a challenge for districts to persuade youths to stay in school.
MENTIONED IN THIS ARTICLE
United States
Mitchell criticism over Bush China visit contrasts with aide trip
Senate leader George Mitchell attacked President Bush for sending Brent Scowcroft to China after troops crushed protests, calling it kowtowing. It emerges that an aide traveled to China at the same time with several congressional staffers, funded by a Chinese government aligned institute and briefed by Chinese officials. Mitchell’s office says Scowcroft’s trip was inappropriate, while aide trips were for fact finding.
MENTIONED IN THIS ARTICLE
Senate
George Mitchell
Bush
Brent Scowcroft
China
Maine
Democrat
White House
U.S
Mitchell
Scowcroft
Chinese People’s Institute
Public opinion letters criticize gun rights and trade
A batch of letters from readers laments gun control limits as a threat to liberty, denounces Gorbachev and restrictions on firearms, and warns that curbs mirror censorship. Contributors argue for Second Amendment rights and back free trade, while others urge broader economic fairness and tax clarity in U.S.–Japan ties. A note thanks Cal Thomas for editorial balance.
MENTIONED IN THIS ARTICLE
Mikhail Gorbachev
Stalin
Hitler
Gorbachev
United States Congress
Lithuania
United States
Japan
Silicon Valley
U.S
IRS
Tokyo
Reagan
Bush
Korea
West River Traffic Sparks City Council Loud Meeting
West River residents rail against delays in repaving the North West River road. Councilmen Bennett and Burkhard confirm the street ranks 12th for paving and expect no work until next year. Community members, including seven attendees, say Councilman Robinson did not attend or return calls about the issues raised.
MENTIONED IN THIS ARTICLE
West River North
Robinson
John Bennett
E. Kenneth Burkhard
Utilities Committee
West River
Schadden Road
Mr. Robinson
Bennett
Editorial page adds Cal Thomas for balance
Mr and Mrs Terry Roach of North Olmsted express pleasure at the newspaper adding Cal Thomas to the editorial page to provide the other side of the news.
MENTIONED IN THIS ARTICLE
The
Chronicle-Telegram
Cal Thomas
Wire News
John Pierce Elyria
Terry Roach
North Olmsted
Chronicle Telegram Letters Policy Address and Fax Details
The Chronicle Telegram invites letters to the editor and notes letters may be edited for brevity accuracy and clarity. Sign with full name address and phone and mail to Editorial Page Editor Chronicle Telegram Box 4010 Elyria 44036 or fax to 329-7187.
MENTIONED IN THIS ARTICLE
Chronicle-Telegram
Chronicle- Telegram
Elyria
Abolish the National Endowments of Arts and Humanities
A reader from Orlando urges Congress to cut the National Endowment for the Arts and the National Endowment for the Humanities to save about 200 million dollars. The letter argues these agencies subsidize elite art, do not aid the needy, and should be replaced by private funding or market-driven projects.
MENTIONED IN THIS ARTICLE
National Endowment For the Arts
National Endowment For the Humanities
Congress
Manhattan
Also Mentioned on This Page
S&l
Deposit Insurance Corp
Treasury
Nicholas Brady
Daniel Kearney
Treasury Department
Danny Wall
S&ls
Bush Administration
the Chronicle-Telegram
Byron Scarbrough
Elyria Scarbrough
Ohio State University Rifle Club
Midway Mall
Thomas Molich Elyria
U.S. Vs
David Scott Lorain
Lorain
Steve Shaver
Wellington
Cygme
Fadeime
America
Sen. Slick
Rep
Smiley Face
Defense
Reese
Orlando
Fla
Sentinel
Chariey Reese
Berry’s
Israel
Coty Wes
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