[109174] in Cypherpunks
JOURNALISTS TOLD NOT TO SPREAD Y2K FEARS
daemon@ATHENA.MIT.EDU (Pallas Anonymous Remailer)
Fri Mar 12 18:32:13 1999
Date: Fri, 12 Mar 1999 15:07:43 -0800 (PST)
From: Pallas Anonymous Remailer <athena@cyberpass.net>
To: cypherpunks@cyberpass.net
Reply-To: Pallas Anonymous Remailer <athena@cyberpass.net>
JOURNALISTS TOLD NOT TO SPREAD Y2K FEARS
Federal Reserve Board member Edward W. Kelley Jr. is cautioning journalists
to avoid undermining Americans' confidence in the banking system with
overblown and unwarranted reports about the Y2K problem. He said, "If
glitches occur or problems loom, report fully on them of course, but make
sure to place the problem in an appropriate context." There needs to be
concern about "the possibility of our citizenry becoming so overly worried
about what might happen that there could be the very type of problem we are
working so hard to prevent." But Kelley should be somewhat reassured by a
new USA Today/Gallup Poll for the National Science Foundation indicating
that only 21% of Americans now expect major problems in 2000 -- a
percentage
down from 34% just three months ago. (USA Today 10 Mar 99)
"we have to yet really seriously debate the constitutional issues and
whether or not we're willing to give up more freedom in order to have
more security" -- U.S. Secretary of Defense William Cohen, 3 Feb 1999
"They that can give up essential liberty to obtain a little temporary
safety deserve neither liberty nor safety."
- Ben Franklin, Historical Review of Pennsylvania, 1759
