2—THURSDAY, JUNE 4, 1998 THE UKIAH DAILY JOURNAL AFTERNOON BRIEFING A quick read of the world Associated Press Baby boomers headed for trouble in retirement WASHINGTON — President Clinton and House Speaker Newt Gingrich are grappling with an election-year hot potato: endangered Social Security and the need for baby boomers to save for retirement. Clinton and Gingrich know well that when it comes to retirement, many working-age Americans may be headed for trouble. Social Security now replaces less than one-quarter of pre-retirement income for someone who earned about $68,000 a year, according to the Employee Benefit Research Institute. And that's before the cash crunch coming for the venerable government program when baby boomers retire in a demographic tidal wave, beginning around 2010. The system's financial shortfall could occur in 2032, some experts believe. Private pensions aren't expected to close the gap completely, either. Clinton's new budget includes proposals to increase private pension coverage, especially for small businesses, through tax credits for companies and other means. He is pushing for congressional enactment this year. World powers try to defuse India-Pakistan nuclear tension GENEVA — Rushing to address a "uniquely dangerous situation," diplomats representing the world's five declared nuclear powers are seeking ways to avert a new cold war between India and Pakistan. Secretary of State Madeleine Albright said she and the foreign ministers of Russia, China, France and Britain were prepared to unite behind the common goal of defusing nuclear tension on the Asian subcontinent. Carrying instructions from President Clinton, Albright also was intent on reviving the global arms control agenda sent staggering by last month's atomic tests in Indian and Pakistan. While nuclear weapons have been around since 1945, the actions of Pakistan and India mark he first time that ancient enemies who share a common border have escalated their potential for conflict to the nuclear level, Albright said. "These two countries are check-by-jowl," Albright told reporters at the State Department on Wednesday shortly before departing for Switzerland. "So that creates a uniquely dangerous situation." First on the agenda of today's meeting at U.N. headquarters in Geneva was reducing that tension. The U.S. delegation planned to raise a range of proposals, from convincing India and Pakistan to refrain from further nuclear tests to the possibility of international mediation over the disputed Kashmir region. "Right now, the most important thing both sides can do is to cool it and take a deep breath and begin to climb out of the hole they have dug themselves into," Albright said. Derailed German train crumples 'like an accordion' ESCHEDE, Germany — Rescuers at Germany's deadliest postwar train wreck worked with cranes and floodlights early today to uncover victims buried when a high-speed train derailed, jackknifed and smashed broadside into an overpass. . State officials said at least 100 people were killed in Wednesday's accident at Eschede in northern Germany, along the Munich-to-Hamburg line. Scores were injured. The lead locomotive of the Inter-City Express broke loose at 125 miles an hour, leaving behind 12 passenger cars and another locomotive that jumped tracks and crunched together like an accordion. The pileup undermined the bridge, and two first-class cars were wedged underneath when the concrete structure crashed down during the chaotic accident. Other cars were stacked lengthwise in front of the collapsed overpass. As dawn broke today, emergency workers struggled with the delicate task of lifting huge chunks of the overpass with cranes to reach the two buried cars, where rescuers expected to find more bo<Be>. Rescuers were concerned that the cars would break apart in the Q|^- ation. : *3£ "We think the chances of finding further survivors are v£fy small," police spokesman Peter Hoppe said. Eighty-one bodies had been recovered, and two victims died from their injuries in hospitals, crisis management spokesman Hans-Helmut Schmitz said. Police said hospitals had reported 95 people injured. There was no firm estimate of how many survivors walked away from the crash. Teachers try to explain end of bilingual education to children LOS ANGELES — The day after California voters dismantled bilingual education in the state, teacher Arturo Selva tried to explain to his first-grade class what it all meant. It wasn't easy. "I explained the court system so that they can understand," said Selva, a bilingual teacher. "One little girl started crying because she was afraid she was not going to learn." ^ . Voters on Tuesday overwhelmingly approved Proposition 227, which eliminates bilingual education in favor of assigning studentfrto no more than one year of an "English immersion" program. The measure in the nation's most populous state was closely watched across the country. ; Opponents filed a federal lawsuit Wednesday seeking to block the measure on the grounds it violates the civil rights of students who speak limited English. ' <:> "We strongly believe that it is not in the interest of the children who will be harmed by the passage of this initiative," said Antonfa Hernandez, president of the Mexican-American Legal Defense and Education Fund. '' Ron Unz, the software millionaire who was the measure's biggeSt backer, said it was "ironclad constitutional." ; ; The measure gives school districts 60 days to implement the policy, which essentially does away with California's 30-year-old bilingual education program by requiring that all children be taught'in English. Parents can ask that their child be placed in bilingual educd- tion, but only under limited conditions. Downsizing not so bad — AT&T managers jump at lucrative buy-out Dl IDI IQI IDI IDI IDI ID By MAGGIE JACKSON AP Business Writer NEW YORK — AT&T manager Barbara Harris didn't shed any tears when the company offered to buy her out after 31 years on the job. She was thrilled. "When the offer came in the mail, I only had to read it once to decide," said Harris, a 49-year- old supervisor of New York City telephone technicians. "I've been here for a long time. It's time for me to move on." Downsizings are often followed by wailing and worries. But a hot job market, a boom on Wall Street and a generous voluntary retirement package has AT&T managers practically lining up for the latest effort to cut jobs at the nation's largest telecommunications company. AT&T said Wednesday that 14,000 managers, about 4,000 more than expected, have signed up for an early retirement package offered in January. The deadline to sign up was Friday. Harris said that because of low unemployment rates she is confident she'll find another job. Her buyout package was so generous, she said, that she won't need to worry about matching her AT&T salary at her next job. Managers make up about half AT&T's 128,000 e.mployees. The company gave managers the opportunity to retire early with up to 20 percent more of their pensions than they'd normally be entitled to. Early retirement was made all the more alluring by the fact that 401(k) plans have been greatly swelled by stock market gains. "More than one manager is leaving as a millionaire," said AT&T spokesman Burke Stinson. The latest job cuts for the Basking Ridge, N.J.-based company are aimed at helping to cut $1.6 billion this year alone. For AT&T managers who want to continue working, the timing couldn't be better. Anyone with technology and management credentials is a hot item in today's tight job market. According to the Bureau of Labor Statistics, the April unem- •ployment rate for managers and professionals was a low 1.9 percent. The national rate that month was 4.3 percent, a 28-year low. "These people will be in new jobs in equal or higher salaries in two to four months maximum," said Alan Schonberg, chairman of Management Recruiters International, a large national executive search firm. "The candidate is king these days." Of course, all that is not lost on companies that downsize but dread the hard-hearted image that can come with such moves. "With the unemployment rate in many places at 2, 3 or 4 percent, this is a tremendously good time to unload people," said David Birch, president of Cog- netics, a Cambridge, Mass, economics research firm. Xerox also has seen downsizing become less of a dirty word thanks to the economy. In April, the company announced the elimination of 9,000 jobs worldwide, its biggest cut in five years. "This announcement of restructuring hasn't produced the kind of trauma and hand-wringing that downsizing in years past did," said spokesman Brent Laymon. "It says something about the economy." LUTHER BURBANK CENTER FOR THE Ctf Saturday, June 13 4TH ANNUAL LESBIAN I GAY COMEDY NIGHT SUZANNEWESTENHOEFER This Saturday, June 6 • 8pm JIMBRICKMAN Friday, June 19 THE CANADIAN BRASS Saturday, June 27 THE ROBERT CRAY BAND Saturday, June 28 THE MOMMIES Saturday, July 11 TRACY LAWRENCE Wednesday, July 22 Your TOMA Ad DAVID GRISMAN QUINTET-AND- DAVID LINDLEY WITH WAILY INGRAM Friday, July 24 CELEBRATION OF ALOHA'98 |A FESTIVAL OF HAWAIIAN ARTS t MUSIC FEATURING KEALI'I REICHEL Saturday, August 1 BRIAN SETZER ORCHESTRA Sunday, August 16 BOBCAT GOLDTHWAIT Saturday, August 29 IDJ 151 SHODAKAI Coyote Valley Casino 7 miles north of Ukiah, Just off Hwy. 101 si si 1 Million Dollar IV- SemMinals every 151 IDI 151 Qualify for $ 1,001 Every Saturday at 10pm, llpm, & 12 midnight. (except car giveaway nights) Giveaways of $ 101°° on Tuesday, Thursday & Saturday. "Cash Cube Craze" every Wednesday & Friday. Home of the" MILLION DOLLAR SPIN" Check casino for dates and times. Promotions subject to change or cancellation without notice. Shodakai Coyote Valley Casino reserves all rights. Coyote Valley -• •£!•>• • ^5tf • vl *i **:»>A •<•: ^^ Casino & Look For Shodakai ^rOO""\J/^UU on the Internet .• t*f\f\ ooo Ofi'OO http:/www.shodakal.com • -OUU-OO^-5*OOO RV friendly Directions Hwy. 101 North to West Rd., then turn right to 7751 N. State St. Main numbers 468-3500,468-0123 Circulation Number 468-3533 Classified Numbers 468-3535,468-3536 Legal/Classified Advertising 468-3529 Dennis Wilson-Publisher 468-3500 K.C. Meadows-Editor 468-3526 Ray Hamill-Sports Editor 468-3518 Lois O'Rourke-Community Newt & Features Editor 468-3522 Barbara Vasconcellos Chief Photographer 468-3538 Janet Noe-Advertising Director 468-3510 Eddie Sequeira-Advertising 468-3509 Gall Walker-Advertising 468-3512 Joe Chavez-Advertising 468-3513 Victoria Hamblet-Advertising 468-3514 Sarah Sutherland-Adv. Asst. & ME Coordinator 468-3528 Vic Martinez-Production Manager..468-3515 Yvonne Bell-Office Manager 468-3506 Ken Bohl-Circulation Manager 468-3532 UDJ Web site wvm.ukiahdailyjournal.com E-mail email@example.com The Dally Journal Is printed on at least 25 percent recycled newsprint. Low rub ink is also used. Complete the loop and recycle your newspaper. NILES NI55RN 2400 N. STATE ST., UKIAH • 462-2900 Sharin'Stitches k Strokes 462-7397 - HOPLAND SHOKA»WAH CASINO "The Ural Drill! Sture In Tu Ukiah Main Store 462-9711 • Pharmacy 462-9751 Ukiah Valley Medical Center •vrVdventist Health KEN FOWLED AUTO CENTER aJcTOJOU • HAZDA 'IUMUI UHKIMX i UUH • HM1II • HN-*HW The Ukiah Daily Journal is proud to be part of the Newspapers In Education Program, along with these NIE sponsors. . UkiahDaify 'ournal Publication I (USPS-648-920). Published Daily except Saturday by Ukiah Daily Journal at 590 S. School St., Ukiah, Mendocino County, Calif. Phone: (707) 468-3500. Court Decree No. 9267 Periodicals Postage Paid at Ukiah, CA -SUGGESTED MONTHLY SUBSCRIPTION RATES- DELIVERY TYPE PRICE Walk/Bike Route $ 8.50 Motor Route $ 9.00 Mail in Mendocino County...$12.00 Mail Outside the County $14.00 All prices include 7 V»% California State sales tax. Motor Route and Mail Delivery must be paid in advance. Ukiah Dally Journal is not responsible for advance payment made payable to carriers. Payments in advance should be mailed directly to the Ukiah Dally Journal. Your newspaper should be delivered before S p.m. Monday through. Friday, and before 7 a.m. Sunday. There is no delivery on Saturday. 19 report a missed newspa : per, call the Circulation Department between 5, and 6:30 p.m. Monday through Friday, or between 7 and 9 a.m. Sunday. Save time. Dial direct (707) 468-3533.' POSTMASTER: Send address changes to:' Ukiah Dally Journal, Post Office Box 749, Ukiah California 95482. Business Hours 8 a.m. • 5:30 p,m. CLOSED ' CLOSED Won. thru Fri Saturday Sunday Circulation hours 8 am • 6:30 p,m. CLOSED 7a,m.'9a.m.
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