4
WEDNESDAY, MARCH 26, 2003
ECONOMY
FROM PAGE 1
Michael Miller, chairman of the
Department of Economics at
DePaul University in Illinois, also
said the money Bush asked for is
negligible.
“Seventy-five billion dollars is a
drop in the bucket in regard to the
worlds financial market,” he said.
“Most people realize that this war
will be expensive in terms of
absolute dollars. In terms of (the
gross domestic product), it’s only
0.071 percent of the GDP.”
He said other wars, such as
those in Vietnam or Korea and
World War 11, cost more than 1
percent of the U.S. GDP.
But Salemi said the Federal
Reserve Board cannot keep inter
est rates down because of supply
and demand. Because the United
States is running on a large deficit,
Salemi said he expects higher
interest rates, a decrease in capital
WAR
FROM PAGE 1
al-Sahhaf said in an interview with
Al-Jazeera, an Arab satellite televi
sion network.
United Nations Secretary-
General Kofi Annan and others
have warned of a possible human
itarian crisis in Basra. The
International Red Cross said dur
ing the day that it had begun
repairs at a war-damaged water
pumping station serving the city.
Annan told Bush’s national
security adviser, Condoleezza Rice,
that the United States is legally
responsible for providing humani
tarian aid to Iraqis in areas con
trolled by coalition forces.
The United Nations cannot pro
vide humanitarian assistance until
security conditions allow the safe
return of U.N. staff, Annan told
Rice. White House spokesman Ari
Fleischer blamed Hussein for
slowing the flow of goods by plac
ing mines near Umm Qasr.
Thus far in Operation Iraqi
Freedom, Americans said they had
Request for Nominations
The Class of 2003, The General Alumni Association
and The Division of Student Affairs present the
Edward Kidder Graham Awards
In 1917, Graham called for a structure to enhance
student life on campus. Now, it’s your turn to
recognize the individuals who embody that
spirit Graham envisioned.
Nominate an outstanding:
• Senior of an officially recognized student organization
• Professor, TA or instructor for work both inside
and outside the classroom
• Advisor of an officially recognized student organization
Nomination forms can be picked up
at the nion desk -
Nominations are due by spm,
March 27, Room 1500 E, Carolina Union
Questions? Email seniorweek@unc.edu
Scholarships: ]
Come discover what opportunities await you
Rhodes Truman
Luce Churchill
British Marshall Goldwater
Beinecke Mitchell
Carnegie Cooke
Udall Gates-Cambridge
Come to an information session on Wednesday, March 26,
at 4pm in Greenlaw 101. UNC scholarship national
nominees/winners will be available to answer your questions.
For more information, contact Robert Greenberg, Director,
Office of Distinguished Scholarships, 219 Graham Memorial Hall,
843-7764. Email: scholarships@unc.edu.
Web site: www.unc.edu/scholarships
Must have a GPA of 3.5 or higher.
Interested in law or mediriiyj^^
Join the discussion!
A panel of legal and will discuss
the impact of professions,
then take
Weffiwl March 26, 6:3opm
Auditorium (room 135)
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Tpto to the University and local community
snsored by the Johnston and Carolina Scholars'
Committee on Health Affairs
values and lower stock prices.
Irwin Stelzer, director of regula
tory studies at the Hudson Institute,
a think tank addressing domestic
and international policy issues, also
said he thinks the key question will
be whether the projection of deficits
will reflect on the stock market.
Salemi said he cannot forecast
the market’s future because that
relies on the war’s outcome, but he
said market behavior is linked to
consumer and investor confidence,
interest rates and oil prices.
Salemi said he expects that the
economy will grow 6 percent to 7
percent per year after the war ends.
Norbert Michel, a policy analyst
at the Center of Data Analysis at
the Heritage Foundation, said he
estimates a recovery in two or three
years. “After the conflict, I’d expect
the market and economy to bounce
back, but not right now,” he said.
Contact the State t? National
Editor at stntdesk@unc.edu.
taken nearly 4,000 Iraqi prisoners.
There was no accurate death toll
among Iraqi troops or civilians.
U.S. losses ran to 20 dead and
14 captured or missing. The
remains of the first two to die were
flown overnight to Dover Air Force
Base in Delaware.
Twenty British troops had also
died, including two killed Monday
by friendly fire.
The U.S. Central Command,
which oversees the war,
announced the capture of an Iraqi
military hospital used as a military
staging area. Officials said Marines
confiscated more than 200
weapons and stockpiles of ammu
nition and more than 3,000 chem
ical suits with masks, as well as
Iraqi military uniforms. The
Marines also found a T-55 tank on
the compound.
Secretary of State State Colin
Powell predicted that the coalition
eventually will find weapons of
mass destruction, saying, “There
will come a time, when the enemy
has been defeated, to make a more
thorough search.”
From Page One
LEJEUNE
FROM PAGE 1
poral in the 1991 Persian Gulf War,
said the deaths have hurt the Camp
Lejeune community.
“I feel for the Marines and for
their families,” said Sutton, now a
service manager at a tire company.
“I anticipated casualties. It’s not a
piece of cake like it was last time.”
Pokorney, 31, lived in a cream
colored house outside Camp
COST
FROM PAGE 1
and reconstruction in a free Iraq.”
The bulk of Bush's spending
request, $62.6 billion, is slated to
support U.S. troops both in Iraq
and in other operations related to
the broader war on terrorism for
the next six months, the White
House said. The rest of the money
is marked to go to humanitarian
assistance in Iraq, other foreign aid
and homeland defense programs
in the United States.
Steven Miller, director of
Harvard University’s
International Security Program,
said the appropriation is neces
sary because the military is con
suming “millions to tens of mil
lions of dollars” per day.
“Bush was worried about assign
ing a real price tag before,” he said.
“It would have given the critics
something to shoot at.”
Former U.S. Assistant Secretary
ABROAD
FROM PAGE 1
Study Abroad Office follows the
State Department's safety guide
lines, he said.
“There are no students studying
where there is a State Department
travel advisory,” Miles said.
This includes Iraq and the sur
rounding area, where UNC stu
dents have not studied for the past
18 months.
Try as they might to stay away
from the protests, many students
have found it difficult to avoid
them completely. Fischer said
some protests have left her feeling
frustrated.
“It isn’t the protests that bug
me; it’s the fact that I often feel like
people aren’t against the war so
much as they are against our coun
try and our culture,” Fischer said.
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Across from the Siena Hotel
Lejeune. A white mailbox at the
end of the driveway was adorned
with a pink bow, interlaced with a
red, white and blue ribbon.
Pokora knew Pokorney’s name,
but didn’t know him personally;
the two were in different battal
ions.
He said he was torn between
grief for his lost comrades, joy at
the arrival of his baby girl and his
own preparations for war.
“The training is a lot more seri-
of Defense Lawrence Korb said in
an interview that fear of public
reaction prevented Bush from
assigning costs to the war earlier.
“We should have known (the price)
before we went to war,” he said.
Korb served under President
Reagan from 1981-85.
It is a political advantage to
appropriate money in small sec
tions, said Carl Kaysen, professor
emeritus for the program in sci
ence, technology and society at the
Massachusetts Institute of
Technology.
But most of the $75 billion is
allocated to actual military expen
diture, and more funds will be
needed to complete the military
aim of the war regime change in
Iraq, Kaysen said.
“We did it in Germany,” he said.
“We did it in Japan. We are doing
that in Afghanistan, although not
to a large scale.”
Bush did not specify an amount
of time the money will last, Kaysen
Not all foreign protests are
vocalized. Fischer has seen many
war posters hanging on the sides of
buildings in Copenhagen, but the
language barrier has proven to be a
problem when inteipreting them.
“It is frustrating to see ‘USA,’ ‘oil’
and ‘Bush’ but beyond that not able
to read the signs because they are
in Danish,” Fischer said.
Garren said that the phrase “no
war" has been scorched on the
grass in front of the library in
Sussex but that there are equal
anti-American and anti-English
sentiments.
“Being in a nation whose gov
ernment is supporting the war but
whose populace is actively against
it leads to little open hostility
toward Americans,” Garren said.
Even by avoiding the protests,
students studying abroad have not
been able to avoid the pressing
ous that we’re doing now,” he said.
“There’s a bigger reason to train
harder.”
Among the Camp Lejeune
Marines still overseas is Pvt. David
Stone, 32 on his first combat
operation, his wife said. Sharea
Stone said her husband is assigned
to field artillery in Iraq.
“When my husband left (in
January), I just thought of him
being overseas. I never looked at it
as I look at it now,” said Sharea
said.
Kaysen, who also worked on a
December study titled “War With
Iraq: Costs, Consequences, and
Alternatives,” said Bush probably
will ask for more money in six
months.
“This is a number that is rele
vant to the current fiscal year,
which ends Sept. 30,” he said. “No
one can say what it will be in the
next fiscal year.”
But opinions on the total cost of
the war remain divided.
“(Bush’s request) is about
right,” said George Horwich, pro
fessor of economics at Purdue
University. “My guess is it may
turn out to be too much if the war
ends within a week.”
Others say the war will last
much longer than one week. “It is
the first request,” Miller said.
“Further augmentation will be nec
essary.”
Korb said he expects further
appropriation requests regardless
issue of war. Fischer said it is rare
she can tell someone she is
American without discussing the
war.
But Fischer called the Danes
“extremely friendly and mild-man
nered” and said she has not been
treated in a negative manner.
“Nobody is mean; they are sim
ply interested,” Fischer said.
Tindel has had similar encoun
ters in Spain. Although people
never have been rude to him
directly, Tindel said, the most com
mon phrase in Sevilla has been “No
ala guerra” no to the war.
“Whenever I meet a Spanish
person at a bar or club, the conver
sation always ends up being about
politics,” Tindel said.
Regardless of the war-related
conflicts she has run into, Fischer
said she does not regret studying
abroad.
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Stone, 29. His absence now is
“stressful, very stressful. I think
about him, whether he is OK.”
In a Jacksonville trailer park,
children’s toys dotted the yard out
side the mobile home Sgt. Michael
E. Bitz shared with his wife,
Janina, and their four children.
The family included infant twins
Michael Bitz never saw. He left for
Iraq in January, the babies were
born in February, and he died in
combat on Sunday.
of the duration of the war because
the $2.5 billion earmarked to
rebuild Iraq is too low. “They are
trying to hold down the total cost.”
Oil revenues could bolster
reconstruction funds, but their
influence will depend on the con
dition of the oil fields, Korb said.
Kaysen said Bush probably
hopes to use oil revenues for recon
struction efforts. “Iraq is ordinari
ly a major exporter of oil,” he said.
“It generates a lot of income.
“The question not answered at
this moment is who will get control
of that Iraqi oil.”
But Miller said there is conflict
about the best use of oil revenue.
“Bush has repeatedly said that the
oil belongs to the Iraqi people.
“There is some tension between
the assumption that we can use the
revenue to rebuild Iraq and the idea
that it belongs to the Iraqi people.”
Contact the State & National
Editor at stntdesk@unc.edu.
“Although I did not choose for
this to occur during my time here,
it has given me the opportunity to
broaden my political views and
reflect on how other countries per
ceive America,” Fischer said.
Fischer said that although her
parents seem “a little on edge” with
her in another country, they are
trying to remain calm.
“They have been giving me the
same advice as the embassy and
the Study Abroad Office has,”
Fischer said.
Despite the war and the contro
versy he has encountered, Tindel
said he has tried to remain open
minded.
“My experience here has defi
nitely opened my eyes to other
viewpoints,” Tindel said.
Contact the Features Editor
atfeatures@unc.edu.