• Abstract and Figures
• Public Full-text

----~ VOL. XXIII NO. 29 THURSDAY,OCTOBER4,1990 \ THE INDEPENDENT NEWSPAPER SERVING NOTRE DAME AND SAINT MARY'S Expert Malloy: ND ready speaks on Gulf crisis to face the future , • Mallloy speaks to faculty By NATASHA WILSON 1 By STEVEN KRAUSS senate I page 7 News Writer News Writer research universities, he said. 1 Fundamental differences in Notre Dame is well prepared "Notre Dame is small enough Amnrican and Islamic nations' to handle the challenges of the to be manageable and large fomign policy need first to be future while remaining faithful enough to" have sufficient re­ j ovHrcome before a peaceful to the school's tradition, said sources. resolution of the Middle East University President Edward Notre Dame has tried to en­ crisis becomes a possibility, Malloy in his upbeat annual ad­ sure its financial stability according to Dr. Amjad-Ali, a dress to the faculty on Wednes­ through fund raising activities, visiting authority on lslamic­ day afternoon. Malloy said. The University has Amnrican relations. The strides Notre Dame made strengthened its financial posi­ Amjad-Aii, director of the in the areas of academics, fi­ tion through the incremental Christian Study CHnter in nances and physical expansion growth in its endowment, which Hawalpindi, Afganistan, during the last decade have bet­ now totals $600 million. The pointed out sevHral factors ter equipped the University to current development campaign, which could prevent a peaceful deal with the impending oppor­ which started with a goal of resolution in the Persian Gulf tunities and threats of the $300 million, will probably have crisis. 1990s, Malloy said. raised $450 million by the time Amjad-Ali spoke of the United In his speech, he recalled the it ends in December, he said. States' constant need for a bi­ University's achievements of In response to the threats of nary opposite, or foreign en­ the 1980s, presented his views an impending economic reces­ emy, to make American foreign on several current issues and sion and a war in the Middle policy relevant. With the recent opportunities at Notre Dame East, the University has started changes in the Soviet Union and and analyzed the upcoming strategic planning for the fu­ the hope of a future Soviet­ challenges facing the Univer­ ture. The administration re­ Anwrican alliance, a new binary sity. cently developed a five year opposite must be sought, he "Hard work and cooperative budget building plan that wouta said. interaction is the spirit that has help the University respond to "Islam is the new enemy," characterized the last decade emergency situations. said Amjad-Aii. and this year [at Notre Dame)," For the future, Malloy de This should not come as a big Malloy said. scribed bright prospects for surprisn, hownvnr, according to He contrasted that spirit with Notre Dame. "I look forward Amjad-Ali. Since the Iranian the atmosphere of retrench­ to the 1990s with great confi­ hostage crisis in 1979 - 80, new ment and financial anxiety that dence." He stressed the Univer­ recently has characterized col­ sity's commitment to remain tensions in the Middle East are The Observer I Macy Hueckel constantly creatnd: Ayatollah leges nationwide. Notre Dame "true to itself" while it adapts Notre Dame President Edward Malloy gives his annual faculty address has escaped many of the prob­ to future situations. in Washington Hall Wednesday. In his address, Malloy predicted that see ISLAM I page 4 lems faced especially by large ND will become more aware of multicultural concerns in the future. see MALLOY I page 4 FBI agent warns NO students about white-collar crime crimes, which Clancy believes him to consider committing to defraud the Department of ness," Clancy told him that "he By MICHAEL SCHOLL will be continue into the near suicide. The banker resisted Housing and Urban Develop- should have gone out of busi- News Writer future if the economy goes into that impulse and accepted a ment (HUD) by charging huge ness" rather than commit a recession. five year prison sentence. sums of money for housing re- crime. "Say no to greed." As a result, Clancy said, ND According to Clancy, such pairs which were never made. Clancy gave similar advice to That was the message given students will face many tempta- harsh sentences are becoming Their actions, according to ND students. to Notre Dame students in a tions to commit white collar increasingly common due to the Clancy, have caused much of "Don't let your bank state­ lecture by William Clancy, As­ crime if they go on to deal with increasing realization of the Detroit's housing stock to be- ments rule your lives," Clancy ' sistant Special Agent in Charge the business world. damage white collar crime does come uninhabitable while leav- told the audience. "If you go of the Chicago FBI office. In order to persuade students to the economy. ing HUD without the monetary into business, don't act out of Clancy, speaking to a packed not to engage in criminal activ- To give an example of such .resources to remedy the situa- greed but out of a desire to do crowd in llayes-llealy audito­ ity, Clancy read letter from a damage, he recounted his inves- twn. good with the money you earn." rium Wednesday, said there is a banker who was convicted of tigation of a scandal in Detroit Clancy sa~d tha~ when on~ of By not basing their business crisis of ethics in American embezzlement. The banker in which unscrupulous real-es- those convicted m connectiOn business. This crisis has cre­ writes of how the anguish he tate brokers contractors and with the case said he had to see FBI/ page 4 ated an upsurge in white-collar felt because of his arrest drove government ~fficials conspired ~IMti~it~fr;.::a~u~d:...,.:"t~o:..::,:st:;::a:..,:i~n~b,::us~i;,.-_______-=-----""1 House Democrats rebel against budget package, Medicare an issue WASIIINGTON (AP)- Liberal to do the same. Democratic deficit." !louse Democrats rebelled leadership aides, speaking pri­ After a day of White House Wednesday against the $500- vately, offered conflicting lobbying Republicans, billion doficlt-reduction pack­ assessments of how worried spokesman Marlin Fitzwater age as Prosident Bush and con­ they might be about the said the needed votes still were gressional leaders pushed hard prospects. not in hand, and declined to say for the plan on the eve of Its Democrats and Republicans how many votes the White first vote. figured on Wednesday night House could muster. Leading !louse Democrats and they were each 40 votes short Bush kept close tabs on the Hopublicans expressed confi­ of what they need and that a results of lobbying efforts, dence that both sides would considerable number of Iaw­ checking in with Fitzwater at .r?und up a majority of votes by makors remained uncommitted. the end of the day for a reading I h ursday, when the full House A number of liberal of what the Congress members plans to vote on an outline of Democrats said they would op­ were telling reporters. Fitzwa­ the package of tax boosts and pose the proposal, complaining ter told him that "most say spending cuts. about its reliance on $60 billion they are considering it, they're "That is my intuition, that in Medicare cuts over five years listening and they're sympa­ when tho vote comes there will and about the $11 billion in tax thetic to the argument." be a majority of both parties," breaks it contains for small Twenty-seven more Republi­ said House Speaker Thomas businesses. cans met with Bush at the Foley, D-Wash. "To cut $60 billion from White House, the third straight But Bush, Foley and House Medicare means a lot of low-in­ day on which GOP lawmakers Minority Leador Robert Michel, come elderly are going to be were summoned by the presi­ R-111., worked furiously behind faced with difficult out-of­ dent for his sales pitch. One The Observer I Marguerite Schropp the scenos, meeting privately pocket expenses," said Rep. White House official called the with rank-and-file members L?ret Miller Ruppe, current U.S. ambassador t~ Norway and former Henry Waxman, D-Calif. operation the Bush administra­ drrector of the Peace Corps, speaks at Theodore's Wednesday night. and dispatching top lieutenants "These people didn't create the tion's biggest lobbying effort. ~--------------------- --------~-------~---- --------------~--- ---------- ~ ----~-------- page 2 The Observer Thursday, October 4, 1990 INSIDE COLUMN WEATHER Forecast for noon, Thursday, Oct. 4. Alcohol Policy Lines show high temperatures. makes sense Yesterday's high: 70 Yesterday's low: 58 Nation's high: 90 (Buurrrp!) (Orlando, Fla. and Sa­ vannah, Ga.) Nation's low: 24 As a senior, one (Eiko, Nev.) who has proudly at­ tended every possible Forecast: Senior Bar lunch, Cloudy, breezy and cool breakfast, and dinner today with a chance of only to throw them up some early morning to the delight of my sprinkles, then becoming rector, I've noticed a partly sunny by after­ surprising trend de­ Florentine noon with highs in the mid velop among the un­ Hoelker to high 60s. Clear and dergrads here. Assoc. News Editor colder tonight with lows in There has been the high 40s. Sunny and little, if any, recent public complaint over FRONTS: a little warmer tomorrow the University's Alcohol Policy, <hie!> and I with highs in the low to think I know why: we have finally grown to •• • mid 70s. see the immense wisdom of the Administra­ COLD• • WARM STATIONARY• • tion in such a policy. Belch. ©1990 Accu-Weather, Inc. I like it myself. Really. Could you pass the Pressure IXX1 openerTThe Alcohol Policy as it stands is a ®© ~ marvel of logic and good judgment.

Load more

  20

Copy Link