The gamecock. (Columbia, S.C.) 1908-2006, September 25, 1981, Page Page 2, Image 2
Editorial"
use I
Rjtrln
WI 1%'
,4For Carolina to be the ir
we need Frank Borkowski.
Those words, spoken reci
Holderman about our cum
Since mid-1978, Borkowski
working with faculty and stu
know there is truly somethir
Right now, he is faced wi
the course of his profession
accepting or rejecting
the president of West Virgil
BORKOWSKI is one of foil
position and he will be leavi
beginning of October for fur
Knowing that he was bor
doctorate in education, it's
difficult. Any decision base
certain to be tough. But Bo
noiaerman is. He can go a ]
its feet once and for all. If pe
a change at Carolina since
observant. If they have, the;
of that growth and impro
faculty that teach here. Thai
to Frank Borkowski.
DEALING WITH deans or
has alwavs been even-hanr
this university needs to und<
in the future. To us, he has I
with time to give even when
Talking with faculty me
Borkowski, it becomes clear
their provost. Studies have
fairly and given input into
also show that faculty me
working at USC, despite
criticism.
The following quote appes
Borkowski said "I wouldn't
here just as I wouldn't wai
have a case to keep me he
from the truth. Borkowski a
much he's needed here and
have to do were to listen tc
have of his job performance
DURING TWO-WEEKS in C
totally friendly, intelligent a
long history of dedication to
We only hope that the univei
here and not in Morgantow
Wp know U/P cnoab fnr (V
- ?- " ^ "Kv"'? ,v" "
educators at this college whi
to stay with us and help us
making this university the I
the quality of our faculty, fo
numerous research grants,
international university fu
world.
Dr. Borkowski can ah
complishments USC has wo
HoAlcinn f r\ cf ntr V-? ???
UV.V.101UU IU oiajr ia^i c UC tdll
i gam:
University ot South
El
Newsroom: 777-7181
Business Office: 777 tBBB
Mark Platte i
Jill H.iiuoik C"PV Desk
DjvkI Corvette News I
Tom Coyne Asst. News f
Don Weatherl?ee Editorial Page E
Mike Komatowski (n'ertainiru-nl E
lohn Vauohan i - t
Sole reproduction rights granted t
r Mined herein may not he reproduced
Opinions expressed in the Gamecc
i signed, of the editor.
The Gamecock welcomes letters ,
typewritten, triple-spaced on a b1 spj
Letters should be no longer than H
newsworthy subject no longer than
! signed with the writer's correct na
Islanding or faculty position and majo
njmf mjv tie withheld on letter unn
I We reserve the rixhl to edit column
the ri#ht to reject jny column (or any
Address letters jmd columns to: fd
Columbia, S.C. 29206.
Weeds
owski
lsutuuon tnai we want 11 10 oe,
??
ently by USC president James
ent provost, bespeak our own.
has done an exemplary job of
idents. Those who have met him
icr snppial nhnnt this: man
o '
th a decision which will change
il and private career ?
a possible offer to serve as
nia University in Morgantown.
ir finalists to compete for the
ng for Morgantown, W. Va. the
ther evaluation and discussion,
n in that state and acheived a
obvious that the choice will be
H An O^irnn/iinrf Arm V i o
u vsu tuj v anting W1IC O LrtlCCI Id
rkowski is needed here just as
long way in helping USC get on
ople is this area haven't noticed
1978, then they're terribly nony
must realize that a large part
vement have come from the
t, in turn, must lend some credit
freshmen students, Borkowski
led and truthful about the role
ertake and what his role will be
been a frank, helpful individual
his schedule is limited.
mbers that have worked with
- that they are also pleased with
shown that faculty ai'e treated
administrative decisions. They
mbers are truly happy to be
budget-cutting and student
ired in Monday's Gamecock .
want to endanger my position
it people to think they need to
ire," Nothing could be further
ertainly doesn't realize just how
if he wants more proof, all he'd
i the positive comments people
; and quality of service to USC.
hina, he was revealed to us as a
ind concerned individual with a
the universities he has served,
rsity he will be helping remains
rn, West Virginia.
le entire body of students and
sn we ask Dr. Frank Borkowski
take that tremendous step into
"?pst it ran nnssihlv itp fhrnimVi li
WV, UUVUgll
r our ability to gather and earn
and to expand USC's role of an
rther and further around the
*eady be proud of the acrked
hard at achieving. With a
make us proud.
ECOCK
Carolina, C olumbia, S.( .
unded l<>0?
Advertising 777-4^49
Production: 777-iHli
dilor Tra<-y Helms Sports iditor
Chief l'm Corbet! Asst. Sports Editor
dilor Mike Fisher Graphics idilo |
ditor lerry Brewer General Manager '
dilor linda Maine* Advertising Manner
dilor MiriMtEwm I'rodut tion Manager
dilor |Mn Halchell Business Manager
MarV (thndge |r Adviser
0 Ihf Associated Press. All other material con1
without the permission of the editor.
>ck are those, if signed, of fhe writer and. if un
and columns. All letters and columns must he
ice line.
K) words, and ?olumns should he limited to one
four typed pact's. Letters and columns must be
me, telephone number, mailing address, class
r. Pseudonyms are unacceptable, but the writer's
n request, K the c ire umstarues warrant it.
s and letters tor space and style, and we reserve
itorial Pa#4" ldit??r, Drawer A, USC,
BIBB
/ flip
YounaA
The following column by
Glen and Shearer was
originally published April
28. However, the story still
makes worthwhile reading
in view of today's economy.
Washington? Ronald
Reagan and other parents
must wonder why their
children don't save monev
anymore. Last month,
Americans withdrew over
$1.7 billion from passbook
savings accounts alone, a
new record for any onemonth
period.
What happened to the
Great American Savings
Account?
Well, Mr. President, it's
gone ? like a broken piggy
bank. With inflation
novering at 13 percent
annually, the measly five
percent passbook account
is at worst a waste of time,
and at best a childish
exercise in thrift.
k MOST PEOPLE we know
have given up saving entirely.
They can't afford it.
Rents are prohibitively
high, home loans are out of
sight and heating bills
have, for some, made
groceries a luxury.
What's most startling is
that young Americans,
who've chosen to live alone
in greater numbers than
ever before, aren't even
trying to "put a little
away."
Maybe their parents
never gave them piggy
banks, yet most of our
friends who live here don't
even know how to save.
TO THE EDITOR:
Thank vnu v<?rv mn/?h f^r.
J J ... V.W.I IW.
the editorial in the Sept.23
issue of the Gamecock
concerning all of the hard
work put into the All-Niter.
We appreciate your
r'nmmnn/liiuj no ?? - ";~L
ua uii U JUIJ
well-done" but must point
out that you failed to
Willi, i.(
duffs Spen
With what little money they
nave, tney Duy name
brands, have their laundry
done professionally and
think nothing of paying
$4.50 to see a movie in
Dolby stereo.
One 22-year-old friend
makes $11,000 a year
working only three days a
week: vet her savincs
habits lead her to complain
she can't afford French
Roast coffee beans to
pulverize in her chic
German coffee grinder.
IT'S LIFESTYLES like
this that are keeping young
Americans from saving
these days. Once away
from mom and dad, the
II CC O^CIIUCIS wain IU
duplicate quickly the life
they've left behind: a latemodel
car, ample living
space, stylish furniture,
vacation time and some ol
the most frivoulous kitchen
gadgets imaginable.
An Ohio couple we know
tun ? *
vuuiun I WtUl U II 111
marriage to drop $3,000 on
an antique bedroom set.
The collegiate couple, both
of whom are on scholarships,
plan to honeymoon in
the Middle East as soon as
thov Opt mnrrinH anrl fin/1
? VJ .IIMailVU MI l\4 11I1U
the money.
Like many Americans,
this couple as also has
opened a NOW account in
preparation for their life
together. These new "interest-bearing"
checking
accounts are more
dangerous than credit
cards and will enable
Letter To T
mention that we, the
KinkpII lJmicn 1
Union, are thdorganization
which sponsored the AllNiter.
Your omission of our
organization's name is a
reflection of an image
problem we realize we
have.
nMBBMHHnHHRHHHHBHni
- J* _ .
living, no
thousands to flush their
savings from high school
down the drain.
THOUGH NOW accounts
were originally designed
for older, wealthier
depositors, they've caught
on with young people as
\imll
And though it's hard to
say for sure, it looks like
some have dumped
evervthint? intn thpsf* ar
- */ O ? ?.-W
counts so they can earn
interest and write checks
too.
"NOWs have grown very
rapidly since the year
began," said John
Williams, research
statistician at the Federal
Reserve Board here.
"Because of required
minimum balances, people
are cashing in their liquid
investments into NOWs."
Though NOWs may
sound tempting, they're no
way for young people to
earn any real interest.
Many banks penalize
customers ior tailing below
the minimum balance,
while others charge for
each transaction. These
two fees could possibly
wipe out the annual interest
in several months;
some institutions refuse to
pay any interest for an
entire year if you goof
once.
Nevertheless, by midMarch
almost $36.6 billion
had been deposited in new
NOW accounts? 10 weeks
after the federal government
permitted banks and
hp FHitni"
Often, specific committees
are mentioned
without also naming the
organization they are a
part of. Indeed, in your
*
tumor la I you mentioned
Cinematic Arts and Contemporary
Sounds without
nnco mnnl!/."!""
? v viii (III?
Russell House University
It
t Saving
savings associations to pay
interest on checking accounts
for the first time
since 1933.
IF YOUNG people were
really interested in saving,
they'd dump their money
~ : ui ~
1I11U iX 1CSS UCCCSS1UIC ttU"
count. Until they do, the 5and-one-fourth
percent
NOW account just makes it
easier to spend NOW what
you earned THEN.
No one can be sure why
young people are so
uninterested in saving for
the future.
Raised in an era of
seemingly limitless
propserity, many have
grown accustomed to
getting anything they
wanted. But as the future
has darkened, young
Americans have lost all
faith and are spending as
quickly as they can.
Arthur Levine, author of
"When Dreams and Heroes
Died-A Portrait of Today's
College Student," contends
that today's fatalism
has fueled a new hedonism.
"mere is a growing
belief among college
students that, if they are
doomed to ride on the
rn;i iu... i A *
i ileum , nicy ai itasi uugiu
to make the trip pleasantmake
that lavish-as
possible, go first class, for
they assume there is
nothing better."
UNTIL AMERICANS see a
brighter future, they won't
be making the sacrifices
needed to save for it.
Union. In actuality, the
entire Union worked
together to present the AllNiter.
SL'SANN E ESP OS 1TO
Vice President
Russell 11 o u s e
University Union