University Daily Kansan, October 14. 1982
Page 5
Reagan
From page one
The poll of 1,602 people, 1,013 of them registered voters, found that 49 percent approve Reagan's handling of his job, while 44 percent disapprove.
DEMOCRATS HAVE USED unemployment as their key weapon in the battle for seats in Congress and governorships. Some of them spoke out against the president's speech.
Sen. Donald Riegle, D-Mich., giving the Democratic response to Reagan's address, urged voters to "change the course of our country" on Election Day.
"We all know the problems," he said. "And Democrats know what to do about it."
"In this country, we have a way to change the course of our economy. We don't have to sit by in despair as our hopes for economic growth vanish before our very eyes.
"Each one of us can vote to change the course of our country. I hope you will do so Nov. 2."
House Speaker Thomas O'Neill said, "If he thinks we should stay the course, he should ask those millions of American families who have already reached the end of the line. If he thinks Reaganomics is working, he should ask the fellow who isn't."
DEMOCRATIC NATIONAL Committee Chairman Charles Manatt, thwarted in an attempt to get equal time, tried to answer Reagan in advance at an afternoon news conference, calling the president's economic program "silly, foolish and out of touch with reality."
Manatt also said he would consider filing a complaint with the Federal Communications Commission if the Democrats did not get equal access to the networks carrying Reagan at a comparable time.
The Democratic chief said CBS and NBC, which denied President Carter time for a speech in July 1978 on political grounds, were giving Reagan an estimated $500,000 worth of time.
While Reagan did not mention Democrats specifically, he said he could understand how "so many of our political leaders fell into this trap" of trying quick-fix cures on the economy.
BUT HE ADDED, "There came a day when I, and millions of other Americans, began to realize the terrible consequences of all those policies which led to economic disaster lines creep higher and higher.
"Well, at my age, I did not come to Washington to play politics as usual. I came to Washington to do it."
Using the graphics, Reagan said the dips and rises in the jobless figures showed the current economy was under control.
"Each time they applied the quick fixes, unemployment dipped for a while, only to take off again," the president said. "In that sense, we've been on a decade-long roller coaster ride."
Reagan said the computer graphics represented "trend lines to disaster."
"There's plenty of blame to go around," Reagan said, adding that the economic problems "are bigger than any one party or group of people."
Dole
KAY SUPPORTS the tax cut because he contends it will spark more investments by private industry and generate stepped up purchasing by consumers.
From page one
Slattery insists the tax cut should be delayed until budget deficits are erased and interest rates spiral downward over an extended time period.
Slattery has predicted that interest rates will rise after the election because. budget deficits will force the government to absorb between 60 and 70 percent of all available credit.
But Dole, who is barnstorming the country to appear with GOP candidates, discounted this year's fundraiser, citing that investors seeking credit, and that this would discourage long-term increases in interest rates.
DOLE ALSO disagreed that last month's 10.1 national unemployment rate would be an insurmountable challenge.
In Kansas, unemployment has been blown out of proportion. Dole said.
"In this district, the unemployment rate is not 10.1 percent but 5.7 percent," he said. "But a lot of people in this big media blitz think it's 10.1 percent in Lawrence and Russell."
Looking past the election, Dole said, the upcoming congressional special session would be an ideal time for decisions on the floundering Social Security system.
DOLE HAS BEEN a chief proponent of making Social Security a pre-eminent issue in the special session, but many congressional leaders have balked at Dole's initiative.
By DONNA KELLER Staff Reporter
President Reagan is expected to sign a bill exempting student loans from disclosure requirements, a regional student assistance officer said recently.
Loans to be free of disclosure
Steve Dorsson, assistant regional administrator for the Office of Student Assistance in Kansas City, Mo., said that he favored the bill, which was requested by student aid offices.
"We asked for it to take the laurent off the tenders. We want them to feel more comfortable with us."
HE SAID federal disclosure requirements in the Truth in Lending Act had discouraged some lenders from participating in student loan programs, the act to exempt student loan programs.
The current law requires lenders to disclose the fixed terms of student loans, such as interest rate and repayment schedule.
Dennis Martin, assistant director of the Washington, D.C., office of the National Association of Student Financial Aid Administrators, will benefit both students and student aid officials.
"It would remove a lot of paperwork," Martin said. "It won't nontolerate the students."
MARTIN SAID the present regulation made lending more confusing for the student, and had an adverse effect on lending institutions.
It's a good piece of legislation," Martin said. "But Dorsass said the bill's approval had been
"It is a good piece of legislation." Martin said.
"Student aid legislation is too cluttered as it is."
uncerain because student lobbyists in Washing-
ton. D.C., had oned it.
Miriam Rosenberg, director of the National Coalition of Independent College and University Students, said the group had opposed the original language of the bill because the group thought students would not receive adequate protection without disclosure requirements.
BUT SHE SAID compromises were made in the bill's language that assured the group that leniency was intended.
Chris Forbes, loan manager at Anchor Savings Association, 900 Ohio St., said the congressional approval of the disclosure exemption was unfortunate because it was important for anyone who borrowed money to know the terms of the loan.
"The current method best discloses to students the best they are paying in terms of the interest rate."
He said he doubted his office would change the way it administered the loans.
"We have each student read the promissory note," he said. "We emphasize that they not sign it unless they are satisfied with it. But it's hard to get them to write without seeing how the new lay will read."
BUT JOE HENRY, vice president for the Higher Education Assistance Foundation in Overland Park, said the terms of commercial loans were explained well enough without additional paperwork required by federal regulations.
"This will be a positive phrase," Henry said. "In a sense it will be easier for everybody concerned."
R & B Productions And The Lawrence Opera House Presents:
COMMANDER CODY
With Special Guests Tom Bark and STREET LIFE
Friday October 15 Show Starts At 8
842-9549
The College invites you to attend a short, informational meeting concerning the new computerized early enrollment system to be implemented this fall. We hope that you will take advantage of the opportunity to learn the new procedures firsthand rather than having to depend entirely on the spring timetable. We would like to offer an online course for spring, 1983, as easy as possible, so please try to come.
THE MEETING WILL BE HELD ON THURSDAY, OCTOBER 14,
AT 4:00 p.m. in 3140 Westcandi And
COME FIND OUT!!
The elegance of 14K gold. To wear around your neck on your ears and from your wrist.
AT 4:00 p.m. in 3140 Wescoe Aud.
SPECIAL PURCHASES
18" Serpentine Necklace, Reg. $24 . $9.99
Matching Bracelet, Reg. $14 . $5.99
Block Initial Charm, Reg. $7 . $2.99
around your neck on your ear and from your wrist. We have a superstore of fine 14K gold jewelry. We can get the gold you've dreamed of — eight carats! Price but only for one day. Come see for yourself.
ALL COLLEGE OF LIBERAL ARTS AND SCIENCES UNDERGRADUATE STUDENTS
One Day Only, Thursday, October 14, 9:30-8:30 p.m.
9TH STREET
MASSACHUSETTS
44% off. Fine 14k gold chains, charms, earrings and charmholders.
3 Ways to Weaver's Charge Account
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WeaverS
3 Ways to Charge at Weaver's:
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$350,000 Jewelry Sale
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October 17th
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Leave Sat. Oct. 16
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includes round-trip bus fare; ticket and field pass for concert and beer on the bus!
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- LUNCH FOOD BAR Only $3.29
- SUNDAY BUFFET
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Roast Turkey & Dressing
Lasagna
BBQ Chicken
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11 to 2
5 to 9
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Steaks Seafood Cocktails