Show A10 — The Herald Journal Logan Utah Wednesday August 14 2002 LoolConl ne t orMeather info i AceuWeathercOffl toracail for daytime Forecast for Wednesday oondlflcw hicMni iwmiMtum IDAHO wva OgdwvivM TODAY T: icrtylfcrisiF with highs around 80 and lows in ttie lower to mkFSOs NEV '"'y VyVi 1 V 02002 ' ''r j fWijv’' y iFstoo ' rW’V': v SJ v losVtLL By The Up above Sun: Sunrise: 6 JO Sunset: 8:34 HumkSty: 18 percent The moon to 63 degrees from the eun in the evening sky very near the star Spice Virgo's brightest The moon was nearest Spies this morning at 6 EDT when K (the moon) was only 8 degrees to the NNE of Spica 8 (High) UV Index: VWbUlty: 10 mites Moon: Fint quarter begins Aug 15 astronomy OrocfcetmaHcom Lawn Water uar 5 days between watering water with 1 inch Sunny and dear with highs in midto lower 80s and lows in the upper 40s bwerBOsand lowsinthemid- 50s Tucson Tulsa ck dr dr dr cdy dr dr dr 118 cdy ' Associated Press Midsummer warmth blanketed most of the East and West coasts Tuesday while a cold front brought sharply lower temperatures to parts of the Midwest Record-settin- g highs were seen in the Northeast In New York’s Central Park the temperature reached 98 degrees breaking the record for the day of 96 set in 1988 Much of the West too was fair and warm The front pushing through the Midwest western Great Lakes and into the southern Plains lowered temperatures up to 20 degrees below normal and triggered severe thunderstorms Wind gusted to more than 80 mph in Edmond Okla and flood warnings were posted in Kansas Heavy rain also drenched much of the Mississippi Valley with 46 inches in northeastern Arkansas Moist air from the Gulf of Mexico brought showers and thunderstorms to Texas Louisiana and Mississippi Scattered showers also dampened Florida Georgia and South Carolina Tuesday’s temperatures around the Lower 48 states ranged from a morning low of 31 degrees at Yellowstone National Park Wyo to a midday high of 100 at Local temperatures Almanac Sunny and dear with highs in the 25 m From the news wire ? ' r Ino AocuiffMl! EXTENDED Memphis New Orleans f r-- r THURSDAY m 74 73 80 74 90 63 73 64 91 66 102 79 73 71 90 88 New York City 97 99 Philadelphia 108 Phoenix 99 Reno 99 Richmond 97 Sacramento Temperatures indicate Tuesday’s high and overnight low to 8 pm Eastern Time Hi Lo Pn: Otk 94 69 Albany NY cdy dr Albuquerque 97 68 Atlantic City 96 71 dr Austin m 94 75 Baltimore 99 72 oy m 86 50 Billings ' 91 58 Boise dr Boston 97 73 cdy 73 43 27 dr Cheyenne Synopsis: A dry northwest flow Wednesday and Thursday will give way to a warmer southwest flow on Friday as a trough drops into the Pacific Northwest coux t ' Sunnyanddear nks Notional temperatures Cache Valley outlook Utah outlook Ii Needles Calif The AccuWeathercom forecast for noon Wednesday Aug 14 -- "can- ea?j:Ka 00s 90s 10 Os 10s 40s SOi 11 Ns I Ms 70s I'TTZZ 100s 110s Ns Bsndi sspsrals Ntyi tsmpsntiurs mnss for tfis com T0 E3 m ESI 3 E3 la muni O gnmomm t&fc Sumy FLCMy CM CacheValle forecast provided by'JsIational WeatherServicelCUp'Aboveifeature provided b Astro Data L Bush Continued from A1 Cup announced it would lay off 375 people a step the company said was necessary because investors are unlikely to regain their confidence in the market soon Schwab told Bush's panel that the stock market’s downturn would not last forever On Wall Street stocks were marginally higher for much of the day but sank in the afternoon after the Federal Reserve announced it was leaving short-terinterest rates unchanged At the Texas forum Larry Johnston CEO of the Albertsons grocery store chain warned that consumers’ confidence was weakening “We see it in theirbuying behavior We see it in them buying private-label products instead of branded products We see them buying things like hamburger instead of steak’’ Bush heard virtually no criticism of his policies from the forum of about 240 people who represented a cross section of America’s corporate boardrooms along with labor m leaders teachers a welder a truck driver and other wage earners The president used the occasion to announce he will not release $51 billion approved by Congress for combatting terrorism because the lawmakers lumped in several unrelated projects Bush said spending restraint is essential to economic growth " As the fonimwas ending about 50 protesters gathered nearby Standing near an inflatable model of the White House they chanted “Human need not corporate greed!” and “Clean up the books clean up the air don't sell us out with corporate shares!” Senate Majority Leader Tom Daschle said Bush’s economic policies were misguid- granted to executives and other employees Currently companies are not required to report options as expenses Sheri Oriowitz CEO of Shan Industries in Washington DC said a new rule requiring CEOs to vouch for the accuracy of their account- ing documents should extend down to all corporate division leaders "With all due respect peo-pie feel that the government is not moving quick enough to take punitive actions against those CEOs who have ' destroyed the public trust in our institutions and in our markets and not only Eblic - abroad " Oriowitz said “CEO excesses have got to be stopped” In a discussion of Medicare senior citizen Flora Green challenged Bush: “Why should some bureaucrat fell me what to do?” ' The audience which included nearly a dozen fop White House aides trailing Bush throughout the day roared with laughter Health and Human Services Secretary Tommy Thompson ed "A economic forum isn’t going to solve our problems or ease families’ concerns” he said made-for-T- V Schwab offered Bush some specific advice urging the government to allow taxpayers to deduct as much as $20000 for investment losses instead of the current $3000 Schwab a major GOP donor also called for a system by Jan 1 in which companies could value and report to shareholders the stock options to “Be nice now Grandma”' The forum was a quick helicopter ride from Bush’s Crawford Texas ranch It was scheduled so the White House could take a snapshot of the during the year He said the shop began as a shoe clinic in Logan many years ago and has grown so much it takes up Continued from A3 all of his time: Many teachers like stulearning sessions Attendees of dents take their summers off Harry Potter Camp made their to recover from the nine own movie version of “The months of hard work to gear Chamber of Secfets’' with for the upcoming year up Olson behind the camera ' Randall a second-grad- e Carla Lloyd Walker a reading and at Wilson Elementary teacher teacher Pine’ at White English said that summer vacation is a' Middle School spends his great time to catch up on summers doing leatherwork at housework and just take the RichBoots ‘N Things in time to relax She also adder) mond Walker who owns the that although teachers enjoy ' in shoe has specialized shop their vacations as muchas stu- repair and making saddles for full-tim- e dents they always look for- sum40 yean during mer vacation and ffter school ward to the new school year Teachers Be$t PriceY ! WithFull Warranty t - A '-- Overlook Continued from A1 whether foe state and federal agencies involved with the project properly studied the noise impact on Sunrise Campground ’ “And the underlying ques- tion is the extent to which there should be a freewaysized rest area just a few min- utes away from service stations and a town (Garden A Y I urged Green good-natured- ly ' hc M10 - I y y ' 4 11 economy and give voters a glimpse of Bush immersed in pocketbook issues that could determine November’s elections: As Bush popped from ' meeting to meeting he acknowledged that he was missing much of the talk but he promised to read summaries ' The vice president was silent in each appearance after opening by saying “I don’t propose to make any remarks I came here to listen The best policy this morning is to sit here and soak up your wis- - dom” Democrats have charged Cheney has little credibility on business issues because he is being shadowed by a Securities and Exchange Commission inquiry into accounting practices at the company he once led Halliburton AFL-CI- O President John said Sweeney regardless of the forum “Thus far Prcsi- dent Bush’s economic policies have not been good for America’s workingmen and women” White House officials have insisted in recent weeks it is ‘unfair to link stock market fluctuations to presidential speeches but they nervously checked the Dow Jones industrial average as Bush wai speaking The Dow closed down 20643 or24 percent City) that could — and does — provide restrooms and other facilities” Plenk said “The Coalition isn’t opposed to the basic concept of improving the overlook in some way but it does want to see it done in a way that is ' compatible with the environment and won’t create problems for the campground” Plenk said that like other Logan Canyon projects over the last decade UDOT and other agencies involved have altered some of their (dans According to the requests of - 2'yr Warrantymme strategies have adversely affected die confidence of markets' far beyond their dollar impact on spot prices” the FERC staff report said The report said Enron’s tactics included “attempts to fabricate transactions for profit" and use middlemen to hide power transactions among Enron-affiliatcompanies “Enron’s corporate culture fostered a callous disregard for the American energy cus-tomer” said the report It described Enron as eager to “game the system" as it sought to reap profits from soaring power prices in California in 2000 and early 2001 The staff urged the commissioner to begin additional investigations into the activities of Portland General Elec tric Co Enron Power Marketing Inc and Enron Capital and Trade Resource Corp’all Enron affiliates Avista Corp a Spokane Wash electric utility and El Paso Electric Co based in El Paso Texas ed Dry the Coalition and similar Continued from A1 groups “And at the moment die Coalition has some experts that are working up an alternative plan” Plenk added “We’ll just have tq wait until that gets finished “But we do feel that a smaller overtook would have less of ah impact on die road the hillside and the camp- v Tuesday’s meeting “But I know where Gordon is and he’d like to see a liquor ’ license for Juniper Inn” Kooyman noted Kooyman said he’d like to have a little more time to discuss the potential ordinances with die city’s legal counsel and that the city will make available copy of the the council decides to vote on prior to a public hear ordi-min- ce Plenk said a pretrial conference on dm lawsuit is idled- - uled for latp October Gordon Bosworth was not at j inponSeptlO 1 HuyewwMif CcckcsYeu! Slam j 'v Best Quality1 i Service Jane Robinsofl-Larse- noun WE DO IT RIGHT! Sat 1300 North 400 East Suite 360 Regional Medical Am Bulking Logan - 753-52- 80 n Center $7 Logan UT &4321 YV V Eric 997t3 Main !&gapUT (435)753-192- 3 tiqparty and Casualty hwuianca Conran ASf Infomnty Company and Alt jtata Lila suranc‘Oomparcy Oifcs 8 ifiwiC2002 Attests Inugga Ucwtaed In tKaft 8 K Jw y> - I- - The commission’s staff said Enron’s questionable trading practices once they became public had ramifications “far beyond their dollar impact” in harming public confidence in energy markets FERC Commissioner Nora Brownell said the report “certainly identifies companies that we know today woe engaging in behavior that was manipulative or inappropriate” But California Gov Gray Davis called the preliminary report “a whitewash pure and simple” and said he was puz- zled that FERC has taken two years to finally launch a formal investigation into misconduct that he and other state officials have long com- plained about The investigation was ordered in February by FERC Chairman Pat Wood after repeated charges by California officials that energy marketers weregouging California’s utilities and its customers by manipulating power supplies Two months later FERC obtained an internal Enron memo that described a series of trading strategies including good hands ' (Starting) Continued from A1 instate tauYa In sham transactions and other schemes aimed at creating congestion on die Western power grids and forcing up prices “These now famous trading Enron ground”: J V 'Y V:¥-- ' r' : " |