The stock market dropped 1,000 points this morning, after two young women dressed entirely in black were spotted on LaSalle Street pigging out on a Whitman’s Sampler. From Loyola University fine-arts professor Justine Mantor: “The general health of our economy is usually reflected in the popular colors of the time and if all we’re seeing are dark colors…well, you get the idea.” And from Kilwin’s Chocolates: “It’s almost 100 percent predictable. When the economy looks grim, our business picks up….In the October 1987 crash, business soared almost immediately.”
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“Contrary to the hysterical pronouncements heard from business groups two years ago when Congress enacted WARN, the law has not hurt the economy or placed an undue burden on business,” reports Greg LeRoy of the Midwest Center for Labor Research on West Diversey, in the Federation for Industrial Retention & Renewal News (Summer 1990). WARN is the federal Worker Adjustment Retraining Notification Act, which requires companies with more than 99 employees to give 60 days’ notice of closing. “Even Mark de Bernardo, point man against WARN for the U.S. Chamber of Commerce, admitted to the Los Angeles Times in December that companies ‘have adjusted’ to WARN, and that the law ‘is not very restrictive.’”
Oil-free Sunday? That’s what Synapses, located on West Cullerton, is calling for. The one-day “oil fast” on October 21 is supposed to “deepen our spiritual commitment to work to restrain war-making now in the Persian Gulf and to ready ourselves for long term witness against war preparations.” One result, if it comes off: a lot of socially concerned people worshiping in strange–but geographically close–churches that day.
Gee, that must be why they keep electing him. From Taxnews (Summer 1990): “While gathering signatures [for Robert Marshall’s third-party congressional bid], it became quickly evident that most voters in this eighth Congressional district hate Rostenkowski.”
