The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

What I am working around to is that we are (and don‘t look over your shoulder or you‘ll turn white) heading into the second Great Depression of the twentieth centu Now I am no economist, thank goodness But it doesn‘t take one to see the handwriting on the wall. In fact, most of the handwriting is in the cribbed scribble of real economists . The only reason I specify a vlarge" shanty is that it must be able to contain a grand piano. Otherwise the Old Battieaxe wouldn‘t come with me. It would also have to house our 12 by 18 foot Indian rug. 1t has sentimental value. Though not made by. or of,. native Indians, it is so scuffed and scarred and burn marked, that it has an irredeemable character we couldn‘t live without. If you do, let me know, and TH trade it even for a large brick home with 10â€" foot ceilings, a large lot teeming with skunks and moles, and with the acid rain gently falling on the already polluted snow It appears the CDC has hit upon something valuable. The student study is the start of what could be a real turn around in uptown Waterloo. It lays the foundation for strengthening the core area through greater student participation in Waterloo, as both consumers and communityâ€"minded resiâ€" dents. DOES anyone know where 1 can buy, for about three thousand dollars, a large shanty in the middle of a woods crammed with deer and rabbits, beside a stream teeming with trout, and about one thou sand miles away from the nearest facto ry? be a shame to let current negative findings stand in the Waj; of positive, constructive discussions and action for the fuâ€" ture. . Sure it hurts to hear that many of Waterloo‘s 18,500 fullâ€"time students shun stores in the core area. But it would We hope that when the study‘s authors present their report to members of the BIA, they are met with a room full of open minds. The comprehensive report delves into students‘ spending trends, attitudes and awareness of uptown Waterloo. And although the bottom line is negative, the study includes a wealth of positive ideas and suggestions for improving the situation. > The results ofâ€" the study were presented to the CDC yesterday and are scheduled to be explained to members of the Uptown Waterloo Business Improvement Area (BIA) in the near future. The study, which was commissioned by the city‘s Civic Development Committee (CDC) in order to find ways to strengthen Waterloo‘s core, shows that a majority of university students have negative attitudes toward shopping in uptown Waterloo. Owners, managers and workers at the more than 200 stores and businesses located in uptown Waterloo may be wincing a bit after reading the results of a study conducted by five Wilfrid Laurier University business students. PAGE 6 â€" WaATERLOO CHRONICLE, WEDNESDAY, APRIL 28, 1982 Heading for Depression? Negatives can become positives published every Wednesday by Fairway Press, a division of Kitchenerâ€"Waterioo Record Ltd , owner 225 Fairway Rd S., Kitchener, Ont. Walterioo Chronicle othice is Jocaled on 2nd floot of the O W Sports buiding opposite Waterioo Square Parking on King Sireet or in Watertou Square Open Monday to Friday 9 00 a m to 5 00 p m addresy correspondence to Waterioo office 92 Khing St South, Waterloo, Ont.. telephone 886 2830 Let‘s go all the way back to Rome, for a precedent. As the Empire, based on hard work and virtue, began to disintegrate under th€ blows of corruption, unemploy ment, high interest rates, vandalism. and weak leaders, the Depression was on The rich revelled long into the nights and whined about taxes. The poor demanded It is the average, honest, hard working slob (you and 1. Jack) trying to keep his nose clean, raise a family, be a decent citizen, do his duty. and die without fanfare, who gets it in the groin. A Great Depression doesn‘t affect the very rich or the very poor. The former are so well insulated that they actually thrive in a depression. The latter are so badly insulated that the cold winds of capitalistic collapse merely make them a dittle poorer. And guess who‘s going to k(-l it in the neck, Jack? You and I, that‘s who Brilliant but basically stupid econo mists, steeped in Keynes and others of his ilk, have led mouthsâ€"open politicians into such a quagmire of economical disaster that even the politicians, whose specialty it is, are slowly, very slowly, realizing they have been conned into a losing war Stupid generals, steeped in Clausewitz and Napoleon, have been leading the poor but honest licentious soldiery into vicious wars for generations Publisher Manager: Editor: established 1854 Paul Winkler Bill Karges Karia Wheeler Well, 1 think 1 can tell you how come Since World War II. from which this country emerged as a proud, resourceful, wealthy nation with an almost automatic fine future, we have been mismanaged by a succession of "leaders" whose prime interest was power, not the good of the country Witness the events of the past couple of years in parliament. The Tories and Liberals have acted like nothing more than Un a good day. the Canadian dollar will buy you a hamburger or a bottle of beer How come? Our interest rates, despite our vast natural resources, are above those of the US. How come? Our unemployment rate, again with those great resources, is ridiculous. How come? And it‘s been going on ever since Everytime I pick up a history book, regardless of the era being described, I read, "Thus began the rise of the middle class _ No wonder. They were beaten down so often, they had nowhere to go but se bread and circuses, and got them. So what‘s new? The honest workers and middleâ€"class found their workmanship scorned and their values laughed at and their taxes brutalized until they went broke, lost their slaves, and had to do their own house work. BILL SMILEY There are probably two or three such in Canada. Not one would have a chance to be elected as dogâ€"catcher Why not? Wel}. look into your own sout, mate. and you might find the answer. We vote only for those who make the fattest promises Now: what about that shanty? I‘m serious. I just added up my oil bill, and figured out my income tax. And read about the 12,000 rejected cars sitting in Halifax Canadian cars We don‘t (Lord forbid) need a Ronald Reagan or a Margaret Thatcher to head this country What we need is a man or woman of common sense, who is com pletely devoid of a hunger for power, and who would put the country, or province ahead of party Provincial premiers have acted like cousins, supporting one of the old maids, then the other, wheedling for presents. turning their backs when it was time to help, and always, always, more concerned with remaining first cousins rather than fourth cousins a couple of old maids, constantly bicker ing, constantiy recriminating, constantly angling for an edge in the argument as to who should look after the remains of the estate. And the NDP could be compared to an unliked nephew, inciting the old girls on, hoping they will kill each other, so that he can get his hands on the boodle