6- Sunday, Aprii 5, 1998 — North Shore News north shore news VIEWPOINT Lighten up ET a little light into your life. Today we awoke to a brighter future, as daylight savings time kicked in for yet another season of extended sunshine. And from most accounts, it’s about time. ; - Figures from Environment Canada show that we — the great washed of the Wet Coast — have endured some record-breaking rainfall over the past six months. Indeed, over the past six months the sun seems to have made about as many,.appearances on the North ‘ ..Shore:as. have our two Members of Parliament. (What have Mr. White ~and Mr, Reynolds: ‘been up to lately, _ anyway?), But? ‘that is all in. the. past as each day: ‘the | sun shows. itself just a. ‘little. “ longer. ° ; : nything about the benefits of 40 years, with four married chil--" ren and:10'grandchildren. Abstinence has" many benefits along with, responsibilities for our actions re are. maay.teens who. are: intereste pl nF before they beca day'is that so many of them have not expe- . ~ ‘childhood. ‘They are thrust into:the adult world, ° sally in the sexual arena, long befcre they are ready. . ° ‘Let's have some positive reporting on abstinence: Let's - jook,at healthy. role’models in our society that are making s ‘for. themselves and their. families. I believe that chil- heir childhood. by. thrusting so. : « ig shouldérs:* All the teens are It the teens ng moral 1; and We have. MAILBOX POLICY.” ETTERS to the editor must be legible (preferably: type: - aten) and include your name, full address and telephone umber, Duc to space constraints the North Shore News not publish all letters, north shore in getting a: good éducation ‘that will tead them ‘to’ ‘productive jobs and fes ses These. habit- and character-building activities are ‘d teens. My sorrow for our ot ‘Out-all Hours of the night < hem.:How about, a‘pa e ‘about our young, people. T wish we had “marriage, abstinence, ) ues and.I also believe that we were given: .... ethe-Teti Cofnmandments not to ‘make our: livés miserable, ©* ‘a loving God knew we. ‘would get into trouble. We now awake to light, glorious light! Going home at the end of a work- day will no longer be greeted by the dark arms of night; instead, the nat- ural source, the real deal, will guide us home — and beyond. To the barbecue pit, the beach and the driving range. To the tennis court, the backyard patio and the sea- wall. Like the dark days past, our winter has been filled with too much discon- tent, as political storms previncially and economic tsunamis globally have lashed our light-starved psyches. - Forget about all that. Today is the first day of a bright, new future (at least until October). Springing forward is all about putting a little more light in your life. Let it shine, let it shine. - Global capital IS nothing sacred? Signs are growing that “globalization” col- lected more than just a black eye from the Asian economic melt- down. It may have suffered a knockout blow. Less than a year ago globalization of the world economy was being promoted by heavy thinkers every- where. as inevitable -— the magic new: formula for fast economic growth that weuld ultimately bring prosperity and North American living standards to every corner. of the planet. Asia’s booming “little tigers” were the model --- touted by economic gurus as the world’s textbook for the future. Some textbook, following last fall's rash! The greedy ““izfe- tigers,” emerged, had never eared that you can’t borrow endless‘.aney to produce more things than you can setl without going broke. : __. That if your sloppily-run banks allow enough of you to do just that, the banks themselves eventually go broke. And that when savvy foreign investors, watching the danger signs, suddenly switch their fast-bucks loot to safer. havens, it’s your country that goes broke. So now the “little tigers” — reduced to mewling pussycats, their saucers of. milk replaced by nasty International Monetary Fund medicine ‘in return for not sex-" more e than $100 billion in bailouts —are - “North Share News, founda int 1969 3s an independent suburban newspaper and quaktied * < Under Schedule 111, Faragraph 111 of the Excise Tax Act, is published each Wednesday, | Friday and Sunday by North Shore Free Press Lid. and distributed fo every door on the Korth Shore. Canada Post Canadian Publications Mal Sales Product Agreement No. 0087238... 7 Emo Distribution Manager - 988-1337 (124) Dee Ohaliwai Human Resources Manager 985-2131 (177) PETE EA Spe SPECK * gdist (i01) Valerie Steghensen Classified Manager 996-6222 (202) - . donathan Bell Creative Services Manager“ 985-2131 ed) 6t 582 (average circulation, Wednesday, Friy & Sut) plot by providing the w orld with a.new textbook: on how NOT to globalize. In recent months this has beer the | focus at three major economic forums. The 1997 report of the United Nations’ Conference on Trade | and Development stressed that instéad of the promised fast eco: * nomic growth, global- ization was actually.” delivering the opposite.” — slow economic growth, The report also noted that the gainers every- where were the rich. That private and public debt was soaring, with interest payments reaching 15% of the gross domestic product in some develop- ing. countries. And that work force employees were facing ever more job and income insecuri- of ty. | The theme: was similar i in February at the Group of 24 conference of central | bank directors and finance ministers from: a poor countries in Caracas,” Venezuela: Delegates pointed to massive, unregulat- ed movements of capital as the major flaw in globalization, leading to “artificial, transitory prosperity” and economic instability caused by fickle foreign investors. . _. They questioned whether: such finan: cial watchdogs as the IMF and. World - “Bank are yet capable of monicoring a 24°. ° hour worldwide capital market where. bil- 7 " Hions can be moved within minutes (the ‘ : Clear answer being, they're NOT).. But by far the most damning indict- the NDP tor ruin the. aie on ton ment of globalization ‘ame from:a mo unexpected critic, International fin, “ .,.George Sords has ‘made billions playing currency markets, including a fortuni the Asian meltdown Yer his warning-in February to the, World Economic: Foram in Davos was bleak. as it was. uncompromising. ~ Hitherto, at the. nati “ism has’always been degree of governine -intervention and regulation Bur the problem: now, Soros po out, is that capital at, the. ‘global le unfettered. and’ infin te: ing that if swings ‘become i stem could crash, and eventially’] “If we don't. this crisis . before the see the’ capitalist: syste time between'2007 and: 2015 -delegates‘at the Swiss’ The only solution: a unfettered, boom- bust’ tobe capitali or we'll ALL - even th hry. US’: go down t ¢ i and Indonesia.“ So the goal, Soros declared,’ must to make global stability the objec public P In short, raiv; market-driven capitali fit fre at the global level ultimatel: a is no future. ; ‘April.7, to West Van birthday ; Martha Bru ke _ LETTERS TO THE EDITOR” Letters must include your name, full address & telephone number. VIA e-mail: trenshaw @ direct.ca Doug Foot Compvoller 985-2131 (133) Ls Managing Editor "+ 986-2431 (116) Trist Agries . Promotions Manager 985-2131 (218) ‘Chariene ™ Display Manager. _ 880-0511 {166} Gai ii Snalgrons Generat Difice Manager 985-2131 (105) internat: http/fwunw. nsnews. com.