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Show afe Three September 8, 1977 i tali Foundation reports . . . .S. A whenthe program matured. Presently, the unfunded liability of the system amounts to between $3 and $4 trillion, or about $16,000 for every man, woman, and child residing in the United States. The study points to the following as some of the major factors in the present Social Security crisis: 1. Decisions to raise benefits and forego necessary tax hikes in the past often on were based political rather than valid financial considerations. 2. Inflation has risen much faster than was envisioned a few years ago. 3. High unemployment in recent years raised costs and reduced revenues. 4. A flaw in the Social Security law provides double indexing for inflation. Unless corrected, this will allow many individuals to retire in the future with more money than they earned while working. 5. Changes n the population makeup are resulting in a situation where there are fewer workers supporting a growing number of re- ge down the road.Underpresent law, future Social Security benefit obligations will escalate rapidly, and financial problems of gigantic proportions will occur during the next century when the present outsized crop of younger workers approach retirement age. Foundation analysts point out that the Federal Social Security program differs from most privately-funde- d retirement systems in that the obligations are not recognized and actuarily funded as they occur. Taxes collected from present workers are used to pay benefits disbursed to currently retired and disabled workers and their families. While such an approach worked reasonably well during the early years of the program when many persons were contributing to the system and only a few individuals were drawing benefits, problems began to mount tirees. By the year 2060, Social Security experts predict that Social Security expenditures will equal 28.6 of taxable payrolls. Since the present law calls for a combined tax rate of yer-employee the program deonly 11.9 ficit will amount to 16.7 of taxable payrolls. To solve the short range problem and eliminate the crisis, the long range a examined Foundation number of suggested revisions to the Social Security program. Included among these are the following: 1. Eliminate the present provision which allows the double-indexiof benefits for inflation. If this action were taken, the projected deficit over the next 75 years could be reduced by 46. 2. Raise the standard retirement age from 65 to 68 or some other figure. 3. Expand coverage toin-cluFederal employees and some state and local employees who presently are exempt from paying Social Security taxes. 4. Raise the taxes used to support the program. 5. Reduce or scale down promised benefit payments. 6. Utilize general revenues from the U.S. Treasury to subsidize all or part of anticipated deficits in the ng de system. 7. Begin taxing Social Se- curity benefits. 8. Require a means test as a condition for receiving Social Security benefits. The Foundation report indicates that there may be strong objections to many of these proposed "solutions to the Social Security problem, but that some action must be taken soon if the fiscal integrity of the program is to be emplo- Ho S. Kent Carpenter Kanab Phone BOYS Overheating Problems? see Reher Car & Truck Repair Kanab 330 South 100 East 644-582- 5 Radiator Specialists flohTMZ 7wih &tf Smitib 24 1944. landed after most of the crew had bailed out. Now his daughter, Michelle, is in Kanab. She is here with MGM studios as an actress in How the West Was Won that is being filmed here at the present time. Michelle has a copy of the 1975 issue about the incident and she too, is reminiscing about that fateful night many years ago with some local residents who remember it well. Its nice to have Michelle here and we wish her well and ask that she extend our regards to her dad and mom. 4pQ Cjd&Z' feiTAuKAV 7kj - QAe 6uc&Ab 7Hf A fb&s1 At 77y 7Mj fcvitPV'J 4(ust e? Ttis 72th && 2:& J&ai at VUik 9. created the independent nation of Panama. I .S. naval vessel' in effect - 1 .oiicre" 'hall have the lower to di'po-- troops from landing to put down the revolution. The new nation was recognized hy the I nited State' three later. and hy November 18 a treaty with the I nited State' for the .one had been approved bv the new government. The treatv grunted the I .S. occupation, ii'c. and control of the Canal if, anti e make all needful ami Regulation', for states rights. ere not alone in our presifight, newly-electe- d dent W ally Fotheringham said, the governors of the public land states are forming their own coalition, the state legislators have already initiated a coalition, and were all working for the same much pretty tilings. While there were only just over a hundred in attendance at tins organizational meeting, we have a batch of letters from other individuals 4. organizations and support promising affiliation, who were unable to attend, Red Wilson said. Wilson was chairman of the seminar, and was elected Rule' lerritor or other the ht ioiiuing to the mted Malt". Di'posa! - a major purl ion of the lropertv I darter treatv Money i' also a factor in t . treatv. but the lit- "n eprt"lv Con-'titntio- n pro- vide', nionev 'hall be drawn from the reaMirv but in coii'eiiience of 1 by law. meaning approval by both hoii't" of Congress. Mi what kind of treaty - tiii'. Colombian prevented davs V on 100,1, 27-2- of tin- I S. ( '.(institution which provide'. " he I 1. 1 f'timated lie the Panama Canal today, im hiding land anil etiiipmenl. is $, billion. Indication' are that it will lie turned over to Panama in the year Him 10, and the I .S. will n to have pav uptoSib our propertv i n over 2 Th treaty. negotiated behind rlo'ed door, will he brought to of value secretary &J North Kaibab . fuel permits now available - that L .S. and Panama draft treaties had been completed on a new price for occupation. Negative reaction in laitli nations precluded any progress towards ratification. have Ten years passed and the Carter Administration has an agreement on the Canal, hut most of the details have been withheld front the Congress. Since the settlement was reached, sentiment in Congress is running against the new treaty because of a lack of for input from the Mouse and the Senate. Hearings are underway in the Senate Suhrnmmiltee of the Separation on Powers (haired bv Mabama I Icmocrat J amt" R. Mien and I In ranking minority member, 'senator ( trrin Matt h RT tali I. It is the contention of witnesses liefore the - - (. negotiated l.inow itz., by special fered tinder from the District in Fredonia. They are also asked to follow these guidelines in order to Sol protect themselves and our am- Forest. bassador to tht Panamanian talks, has been considered under the supposition hy some that in 1903 the when Panamanian government was in its formative stages, the I .S. descended on its helpless people, wrongfully took pos'ession of land hy and fraudulent treaty. built a canal to exploit the Panamanians. There is no mention that the I .S. sUiKirted Panamanian independence - that the land in tpiestioii belonged to the government of Colombia - or that, w ithout our assistance, there would have been no Panama (.anal. In thi' light, it i' not likek that people of I tali or the Nation w ill look kindly on a treaty of- 1. Only dead wood lying on the ground may be collected. Standing dead trees (snags) are not to be cut. These trees are used extensively by many forms of wildlife as homes and storage areas. Adequate down wood is available. 2. Any down wood (pine, oak, juniper, etc.) may be used. However, taking green wood, such as oak, requires a paid permit and the trees to be taken must be designated by a Forest Officer. 3. Please do not drive on meadows, closed roads, or in areas being currently logged. Drive slowly and watch for log hauling trucks. 4. Please be careful with fire of any kind. Chain saws must have a current inspection sticker which may be obtained from the District Office in Fredonia from 8 a.m. tiU 5 p.m. (Az. time) Monday through Friday. Herman D. Avant District Ranger North Kaibab Ranger these eirctmi'tanees. said, so additional officers will be elected at ou r next meeting in Ely in Oct ber. Those who did attend epre-se- nt several thousand it impossible for the people in the west to survive. As Grant Pryor, Miners-vill- e, said during the meeting, "Theyre like a giant python, slowly squeezing the life out of us. He broke down and could not finish. Persons wishing to contact the Land Users Coalition can write Box 368, MilThats ford, Utah 84751. the name were using until an official one is picked at our next meeting, Wilson said. A number of names were suggested at the main meeting on Saturday night, and a committee was appointed to eliminate some and study others, and make a recommendation at the next meeting. The next meeting will be in Ely, Nev., Wilson said. Dates will be published as soon as they can be confirmed in Ely, for October. We expect over a thousand at the next meeting, We now have Wilson said. set up communication with the thousands of organizations we will represent and support, and will expect representatives from most of them to be there. The Saturday meeting night featured seven speakers from different areas, and representing different occupations. "Actually, we represent everyone who ever used or hopes to use public land, W'ilson concluded. min- ers, prospectors, cattlemen and others opposed to the Organic Act. Actually, some sort of action has already been instigated in most of the public land states. The purpose of the coalition will be to Iraw the states together, to support one another, and finally take the case to Washington, D.C. It is our intent to be peaceful and orderly, WilBut that does not son said. rule out rallies, public demonstrations, protests, letter writ'.g, A. a march on Washington, D. C. if necessary. The Organic Act, its regulations, and other bills now before Congress, threatens the very existence of cattlemen, miners, sheepmen, and prospectors; and, of course, those who use the public lands for pleasure are also threatened, he stated. Rockhounds, hunters, fishermen, ORV enthusiasts, and all others, will soon find thei r favorite haunts shut off, or permit areas only. We intend to do everything in our means to stop the bureaucratic rape of the W est. W ilson said. Several representatives of BLM attended the meeting, but had no comment. BLM is the most often attacked 1 I I I I I I I I I I I I I I I I I fc. SEARS SPECIAL ne We realize ment officer. that sometimes a shot can be fired accidentally causing damage, and we appreciate the ew ( the people who call and report it so we can expedite rejiairs, he concluded. Willful damage to telephone transmission lines is a violation of Utah law punishable by a fine of up to $299 andor six months in jail. hard to believe, least, September 10th thru 24th Every Baby Item on Pages 397 to 427 of GET ACQUAINTED larina Elite Lake Powell and sever individual telephone and power lines. Were only asking target shooters and hunters topro-te- ct sulators their themselves, friends and neighbors by not shooting at or near telephone BEGINNING OCTOBER 1 REASONS WHY YOU SHOULD CONSIDER THIS OFFER: 5 GREAT 1- Weather moderates and lake becomes uncrowded. 2. Fishing gets "hot again (Hite is best area on the lake for fishing). Hite Marina improvements include d many new boats; new, store; new service station and boat dry storage areas. 3. well-stocke- 4. Seeing Lake Powell again or for first time is always an adventure. OLDER HOME with a total of 2300 sq. feet. Three bedrooms, 2 baths, needs repair, but could 5. Sharing rental with fishing buddy, another family or club members, makes cost very reasonable. in good area with 3 bedrooms, bath and 34, with just und?r 1400 sq. ft., total electric, nice lot with garden area, owner being transferred and anxious to sell. HOME with 2 lots, full basement with approximately 1500 square feet, partial brick double carport. XAVRlE fQR Hefe modern houseboat s 3 whal you save on a 36 foot. 6 sleeper, My larger boats available nght minimum EXTRA NICE with financing available for residential homes, with water for garden and home, good access to store. FIVE ACRE PARCELS MARTIN REAL ESTATE 143 East 100 South 1 Kanab, Utah 644-212- more common "Nothing than a fool with a strong C. C Colton memory." is HDUSEBDHT SPECIAL BUT COMFORTABLE 2 bedroom in an established area with some trees, landscaped, priced under $20,000.00 RELATIVELY NEW HOME i i i i i i i j be purchased well below value, and with could be a "elbow grease" and know-hogood return on the investment. I i i i i Fall-Wint- er Catalog reduced 20 percent SMALL having ser- disrupted in such a fashion is an inconvenience. At the most, it can be dangerous. Often the cable damage happens in an isolated area and telephone customers sometimes hunters the themselves--ar- e left with no way to contact help in case of an emergency. Shotgun pellets and rifle bullets can easily penetrate the covering protective around a telephone cable, cutting the many small wires inside. Bullets and pellets can also shatter glass in- - bath and 34, good area, close to everything, total electric, with a total of 1248 sq. feet. NICE 3 BEDROOM i i District and power lines, Hill said. He added that hunters who see people shooting at tele-jiioequipment should contact the nearest law enforce- vice 7H& HOUSTONS TRAILS END RESTAURANT Date Name Address Phone vs. No. Sevier Kanab Office At fesZt Pv OHr of 4 7Vz 4 ZteAtJrtb AT 1:oq iUtl! Ar ftlvosth Mq0 . jUe F73t 7ao Aut&i Qhu be of the new coalit- ion. The only other officer elected was John Murphy of Ely, Nev., first vice president. . remarked Ken Hill, Utah Public Relations Manager for Mountain Bell, but there always seems to be a or malicious hunters who use telephone cables, glass insulators and other utility hardware for target practice. A prime example of this type of damage is a junction box located in a rural Utah county which has been shot up three times over the summer by hunters. Fourteen families are served from this equipment. Fkmihj Must 3s auTtfS UMttJc&s P area November Its talers I- Panama Many hunters have been looking forward to the opening season for dove, pheasant, deer, and other wild game in the Beeliive state, but hunters are reminded that one inhabitant of our land remains permanently out of season telephone lines and related equipment. (Mbs. T Tb&hdd . committee (hat the President Ini' violated rlicle but bureaucratic agency, they are r.rt alone. EPA, OSHA, the Forest Service, and many others are making We want tins coalition to have a broad base, Wilson Use proper targets while hunting 4 HJaj the approved gress S'HUier Act. authorizing I h end or e Pr ide n t Rooievelt to buy right' from a and property Freud; company for $10 million if Colombia would give up a 'trip of land aero" the I'thmii' of Panama for a canal route lietween the tlantic and Pacific ( treaty lietween Colombia anti the I nited Stale' via signed in Washington the nevt year, hut the (iolombian Senate relii'ftl to ratify in the revolt Permit When he returned with his wife, Ruth, in 1975, there was some reminiscing for many local residents who remembered that night when the plane THE BSOCE 644-226- I .S. Con- People desiring to gather In 1975 the Southern Utah News ran a news story about Morris Benado who was visiting the Kanab area after ary, SEE the 10c people Iron: I tali and Nevada gathered in Milford Saturday and Sunday, for the purpose 8, Aug. of forming a coalition to work for the repeal of the Organic Act, stop the expanding bureaucracy, and work trip long ago B-- DODGE TRUCKS Dependable Used Cars & Trucks Look at the Panama Carat fuelwood, for their own personal use, on the North Kaibab this year should remember to obtain a Free Use years absence. Mr. Benado was a crewman in the Bomber that made an emergency landing at the Fredonia Airport in Febru- FOR PIOJ Senator Orrin (i. Hatch Reminiscing over plane 31 DODGE-CHRYSLE- 111 Land Users Coalition elects at Milford meeting In Washington ,i Page Three 1977 , Your Man Social Security program reported in deep trouble Despite the fact that the f ederal Social Security tax has multiplied 32 times since 1949 L additional increases are scheduled for 1978 and subsequent years, the program is in deep trouble. This was the conclusion of Utah Foundation, the private tax research agency. During the past several years, Social Security outlays have exceeded receipts, and the systems limited reserves are rapidly being depleted. If no action is taken, the Social Security trust fund will be completely exhausted by the early 1980s. In addition to this short-rancrisis, the Foundation emphasizes that there is a larger & probably a weightier problem looming farther UTAH NEWb THE SOUTHERN propane heater range oven b lights, cookware, beds, water shower, 8 track stereo ak safety equipment, refrigerator and ice chest (Linens gas insurance eitra 3CS discount applies to ail houseboats, powerboats, and guided tours Houseboats furniture contain hot For color brochure and M rate information, cafl or write Hite marina c o Lake Powell Resorts Suite I500HM A De h Mannas 3800 N. Central Avenue Phoenix. Arizona 85012 i Aebb Corporation Recreational (602)254 8274 Property |
