January 2, 1996 - Shutdowns and Layoffs
Starting off the year with an 18 day howl.
Seems 1996 started off with a bang. The Federal Government shutdown had reached Day 18 with no end in sight. The standoff was starting to hit pocket books.
A Recession was looming with indicators not being optimistic in light of news that consumers just weren't spending any money.
AT&T was poised to lay off 30,000 workers, hot on the heels of the 6,000 who lost their jobs just recently.
Some good news came from the direction of Science where the gene responsible for Heart Arrhythmia had been discovered. A sigh of relief all around.
The Chiapas Rebels were celebrating their 2nd anniversary by converting to a political force, rather than an armed one.
The Madonna Stalking Trial was set to begin with questions being raised over whether or not The Material Girl was going to show up and testify.
And the James Jordan (father of Michael Jordan) Murder Trial was set to resume.
Not an earth shattering day in history, but one still guaranteed to have you reaching for the Prilosec anyway.
And that's the way it went on January 2nd 1996 from the CBS World News Roundup.
Cry Baby shut down the govt.
http://politicalhumor.about.com/library/image...
Newt Gingrich being mocked on the cover of the New York Daily News.
Wall Street is just a parasite on the actual labor and investments of average Americans.
Banks play with futures, debt paper, complex financial instruments, and other peoples incomes.
Sell 'em short & help 'em crash - Tear 'em apart & sell the pieces
1996 was the year I finally got a good payin job buildin the F-22.(the plane of the future). It was to be my best working experience with fine people dedicated to doing a good job. The Yankees won another series and all was right with the world. 9-11 wasn't even thought of. For all his faults, Clinton gave US all a good life,as short as it was.
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