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Rutland Daily Herald from Rutland, Vermont • 9

Location:
Rutland, Vermont
Issue Date:
Page:
9
Extracted Article Text (OCR)

9 Rutland Daily Herald -Friday Morning, October 23, 1992 State Philbin Hits Sanders Votes on Banking Issues CAMPAIGN By BRYAN PFEIFFER Vermont Press Bureau Sanders said it was ironic for Philbin, who supported limit taxpayer liability for bank failures. tatives. Sanders said the measure would have caused depositors to withdraw money from smaller Vermont banks and move it to huge banks in New York and Boston those deemed too big to fail and therefore insured by the government no matter what the deposit insurance limits were. Said Sanders: My record in terms of consumer protection is probably the best record in the United States House of Represen Michelle Meier, counsel for government affairs at Consumers Union, a nonprofit public interest group, last month praised Sanders for his votes on the House Banking Committee. There are not very many members of Congress who are willing to stick their neck out on behalf of the public interest, Meier said.

You can count them on your right hand and Bemie Sanders is one of them. deregulation-minded Presidents Reagan and Bush, would criticize him on banking issues. Two consumer groups this week gave Sanders 100 percent ratings for a series of votes on behalf of low- and moderate-income families and for voting against banking fat cats in favor of consumers. Philbin also faulted Sanders for opposing another banking measure that would have limited federal bank deposit insurance for wealthy depositors, and therefore MONTPELIER Republican Timothy F. Philbin charged Thursday that Rep.

Bernard Sanders, cast two anticonsumer votes on bank regulation, prompting Sanders to reply that he had the best consumer voting record in the U.S. House. Sanders in 1991 voted against a measure that required a financial services corporation to cover loses when one of its sister banks failed. The intent of the requirement was to protect taxpayers from having to cover the bank losses. Philbin said Sanders voted in a way that would have had taxpayers not the financial institution bail out a failing bank.

You did indeed stick it to consumers, Philbin said to Sanders in a debate on radio station WNCS-FM in Montpelier. Sanders admitted that he was not particularly familiar with the measure when it surfaced for a vote, saying he sided with its chief supporter, Rep. Joseph P. Kennedy 11, because he could be trusted to protect consumers on banking issues. As it turned out, Kennedy was going to bat for big banks something that he and Sanders rarely do.

I didnt know a lot about it, Sanders said of Kennedys proposal, which the banks, Sanders and Kennedy lost on a vote of 35 to 12. Sanders said there was some evidence that increased financial liability for the so-called nonbank banks could have undermined securities markets that provided money for affordable housing. Petition Drive Puts Pressure on Uluzzi The Associated Press MONTPELIER Sen. Vincent Illuzzi, R-Essex-Orleans, has rejected calls by a group of Northeast Kingdom voters to step down from the Senate if charges of legal misconduct against him are upheld. But Illuzzi said on Wednesday that he had no intention of stepping down if he won re-election next month.

Illuzzi, a lawyer, has been accused in a complaint before the Professional Conduct Board with going over the heads of an opposing lawyer in a lawsuit and trying to settle with insurance companies. The board had recommended to the Supreme Court that Illuzzi be suspended from practicing law for six months. But the court said the board should rehear part of the case and that hearing is not scheduled until three days after the election. So a group of Northeast Kingdom residents circulated a letter calling on Illuzzi to quit the Senate if the Professional Conduct Board and the Supreme Court uphold the proposed suspension. Otherwise, the letter said, Orleans and Essex counties will have a senator with no credibility among your Senate colleagues, an ineffective voice in Montpelier, a laughing-stock.

DONT DELAY WINTER TODAYI PrecMt Stepi 4 Wilks, Custom Rallngs Concrete Repairs Immediate Delivery Installation THE STEP SHOP (802) 773-1741 Rt. 7, Rutland, Vt. MC FREE ESTIMATES Visa Vermont Digest Dean Endorses Lewis House Bid Vermont Press Bureau MONTPELIER Thirteen days before the November election, Gov. Howard B. Dean gave his support Thursday to fellow Democrat Lewis E.

Young in the U.S. House race. The governor plans to vote for Lew Young on Nov. 3, said Deans campaign manager, Richard Watts, because hes supporting the Democratic agenda, which is jobs, health care, clean environment. Dean waited for months to endorse Young, an unknown in politics who came forward when no Democrat would challenge incumbent Rep.

Bernard Sanders, I-Vt. Young has said that the Vermont Democratic Party had all but abandoned him a charge party officials deny. Saying he still felt unsupported by the party Thursday, Young nonetheless welcomed Deans endorsement. Im very pleased and I thank him from the bottom of my heart for his faith in my abilities and his support of this candidacy, said Young, an unemployed Dum-merston resident who has held various jobs over the years. Im promising that Im not going to do anything to violate that faith and trust.

Also in the House race are Republican Timothy F. Philbin and Liberty Union Candidate Peter Diamondstone. Woman Thwarts Kidnap Attempt NEWPORT A Massachusetts man was arrested in Newport Wednesday for allegedly leaping into a womans car, holding a knife to her throat and demanding she drive west, police said. Newport police said Shirley Swenson, 37, of Orleans had stopped at the intersection of West Main Street and Bay Street when Harold Himeon, 38, tapped on the passenger window of her car and then jumped in. He allegedly pulled a knife from his pocket and forced her to drive west.

But when Swenson stopped for traffic at the junction of Route 105 and West Main Street, she jumped out of her car, police said. She ran into a nearby yard, police said, and Himeon also took off on foot, heading west into a wooded area. He was arrested exiting the wooded area, police said. Limited Term for Salmon Favored by UVM Deans has been in place for 200 years is not one we want to abdicate. Pinder said the deans suggestion would provide needed shortterm stability but also would preserve the important elements brought by a national search.

Not that Salmon wouldnt be able to hold his own in a national search, but minorities should also have a fair and equal opportunity, he said. Deans presented the resolution to trustees last weekend. A trustees committee is studying whether Salmon should be appointed or a national search should be undertaken. Trustee Chairman Luther Hackett said the board would consider whether to follow the deans advice. Were exploring all avenues, he said.

But one avenue would be The Associated Press BURLINGTON Academic deans at the University of Vermont want Thomas Salmon to stay on as the universitys permanent president, but they say it should be a limited term. The Provosts Council, which is made up of the leaders of UVMs colleges, approved a resolution earlier this month urging the board of trustees to revise the former governors status from interim to permanent president. But the council also said Salmons appointment should be for three to five years, while UVM goes through a painful review of its educational programs. Alter that, the deans said, a national search should be conducted that would seek the best educational administrator available. LEGAL WARNING-POLICY CONSIDERATION PLYMOUTH SCHOOL DISTRICT At its regular meeting at 6:30 p.m., Wednesday, November 4, 1992, the Board of School Directors of the Plymouth Town School District will consider a policy governing the Bloodborne Pathogens Exposure Control Plan.

Citizens of the district will be afforded the opportunity to address the Board concerning this policy at the meeting. Following such input and appropriate discussion, the Board may adopt the policy as proposed or in a modified form Copies of the proposed policy are available at the Superintendents office in Ludlwo or at the Plymouth Elementary School. i We need a stable and demonstrable leader, which Salmon is, said George Pinder, dean of the School of Engineering and Mathematics. But the process which RUTLAND RECREATION PARKS DEPARTMENT John W. Cioffredi, Superintendent CHILDRENS CRAFT PROGRAMS at Come In And See Our Fine Line of Fall and Winter Accessories that the appointment of Salmon would provide stability and lead- ership through the strategic planning process and its implementation in a three- to five-year term.

20 off all Fall Shoe with your Extra Extra Card M-Tli Fri 10-. AFTER SCHOOL qRAFTS WHEN: Oct. 28 Dec. 9 TIME: 3:30 4:30 PM FEE: $15Residents $25Non-resldents GRADES: 4 Up SANTAS WORKSHOP WHEN: Oct. 29 Dec.

10 TIME: 3:30 4:30 PM FEE: $1 5Residents $25Non-resldents GRADES: 3 Up MOM AND ME CRAFTS 10:30 AM FEE WHEN: Nov. 6 Dec. 1 1 TIME: 9:30 $15Residents $25Non-residents AGES: 3-5, With THE BARGAIN GALLERY IS OPEN! FRIDAY 1 1AM-4PM The home of many fabulous items at reduced and close-out prices Moms SATURDAY MORNING CRAFTS WHEN: Nov. 7 Dec. 19 TIME: 9:30 10:30 AM FEE: $1 5Residents $25Non-resldents GRADES: 3 GINGERBREAD HOUSE WORKSHOPS WHEN: Friday, December 4 GRADES: K-3 TIME: Friday, December 1 1 GRADES: 4-8 TIME: 330-430 Friday, December 18 AGES: 3 to 6, With Moms TIME: AM FEE: $3Residents $5Non-resldents (all sessions) REGISTRATION IS ON-GOING AT THE LAWRENCE RECREATION CENTER.

CLASSES ARE HELD AT THE RECREATION CENTER. ALL MATERIALS INCLUDED. CARA SHORTLE, WHO HOLOS A BA IN ART EDUCATION WILL INSTRUCT. US ON THE RISE! Freeman JEWELERS Since 1890 Vermonts Largest Jewelry Store 76 Merchants Row, Rutland, Vermont 05701 (802) 773-2792 Your Good Health Shouldnt Cost A COMPARE SAVE Learn to breed your own herd A.I. Join us at our next ABS A.

I. school. Nov. 3-6, 1992 Whitehall, N.Y. Call Bill Flick (802) 879-2509 reservations by Oct.

27lh William C. Flick District Sties Mgr. 1 Wrlsley Ct. Essex Jet. Vt.

05452 (802) 879-2509 EB5 Soiree 4000 lb. Olympic Free Weight! Nautilus Circuit Life CydesSteps 22 Aerobic Classes Weekly While other Health Clubs come and go. The Spa has continued to serve the Rutland Community for over 13 years. THE SPA 132 Granger Rutland 775-6565 Oteaor of Wfl Grace A Co Were having a party in Randolph so we'll be clowning around all aay. TEST DRIVE THE ALL-NEW 65- TO 145-HP JOHN DEERE 60007(1(1(1 SERIES TRACTORS ATTENTION 1 Year Anniversary STOREWIDE SPECIALS 1,000 DRAWING n.

i Il.US 1 ,000" in the works to bo given come in for details. Steel Magnum Shells from 129 (in mini case Iota) 12 20 GAUGE REMINGTON DOVE QUAIL LOADS 7'Ai $rS3B 49 hi Over 100 pairs of Hip Boots 8s Waders from SQBB 30-30 Shells from $599 30-06 Shells from $750 1022 White Mt. Carbine $26995 GREENES HUNTING FISHING 236 Mam Street Wesl Rutland, Vetmorl 03777 (802) 438-2977 We also Huge Selection of Lacrosse Sorell Boots Ammunition 3, Work Boots SL Archery Fishing Supplies Compasses Game Calls Camouflage Clothing -yHats IB T-ShirtsSweatshirts HUNDREDS OF NIFTY GOODIES We Have The Largest Selection In The Area On HuntingFishingArchery Supplies At Prices The Working Man Can Conrenieffl Houn: Open 7 Dtjn I Week (7AM-6PM Mon-Thun.) Fit 7AM-7PM; Set It Sun. 7AM-3PM RIDE THE ALL-NEW BREED OF POWER Date Friday, Oct. 23 Time 10 AM -3PM Location At our store Deere Rd.

Rt. 3 Proctor, Vt. Heres your chance to experience first-hand the new John Deere ComfortGard'M cab with better visibility, improved air ventilation and outstanding ride quality. Clowns are just part of the fun we have planned to celebrate the re-opening of Randolph's downtown! Join us SATURDAY, October 24 from 10 to 5 for fun, live music, a parade, classic cars, games, displays, food booths and our ribbon cutting ceremony at 11:00. For more information, call the Randolph Chamber of Commerce at 728-9027 or Rick Goodall at 728-3376.

You're all invited! Rain or shine! ALL-SEW IIREED OF WW'ER YOU WILL BE ABLE TO DRIVE A MODEL 6200, 66 H.P., MODEL 6400, 85 H.P., AND 7800, 145 H.P. TRACTOR. SOME OF THE TRACTORS WILL BE EQUIPPED WITH LOADERS. COFFEE AND DONU rS WILL BE SERVED. TRACTOR EQUIPMENT, INC.

DEERE RD. and RT. 3, PROCTOR, VT 459-2773.

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Pages Available:
1,235,212
Years Available:
1862-2024