99 NEWS HEADLINES FOR FRIDAY, OCTOBER 31, 2008
LONG TERM DECLINE IN REAL WAGES CAUSE FOR ECONOMIC DECLINE, SUNY POTSDAM ECONOMIST SAYS--Dr. George Gonos, during a forum on campus about the economy last night, said the trend that began in the 1970's of declining real wages for most American workers, and decreasing union power to deliver living wages for their members, has led to a national decline in purchasing power, and is the main underlying cause of the current financial crisis.
ALCOA TO CUT ABOUT 100 JOBS--The aluminum refiner announced in a press release late yesterday a drop of more than 1000 dollars a ton in aluminum price brings a need to trim the workforce. Salaried and hourly employees are expected to be cut equally, with an emphasis on attrition.
OOT: MC.HUGH TALKS OUT OF BOTH SIDES OF HIS MOUTH--Democrat Michael Oot, challenging incumbent Republican John Mc.Hugh for the 23rd Congressional District seat, said in a Clarkson University forum Wednesday Mc.Hugh votes to over-ride Presidential vetoes, but also votes to send those bills back to committee which gives a tough read on how Mc.Hugh really stands. Mc.Hugh says he is proud of the fact he votes against Bush over half the time.
OBITUARIES:
Gerald Sanford--87--former Potsdam resident. Memorial Service 3pm Sunday at Seymour Funeral Home, Potsda,. Calling hours Sunday 1-3pm.
Vivian "Bibby" Post--83--Canton. Calling hours at O'Leary Funeral Home, Canton today from 1-3pm.
