Unless the unexpected happens, we are now only hours away from war.
Last night, President Bush gave Saddam Hussein an ultimatum.
He says Saddam has until tomorrow to surrender, or face a U-S invasion.
Meanwhile, security here is already at a heightened terror alert.
It's now at Code Orange, the second highest level possible.
The White House also plans to ask Capitol Hill for 90 billion
dollars to pay for a month of war, aid for Israel and defense
Stacy Case is in Washington this morning, and joins us now with the latest.
(///// SOT /////)
[SUPER=01-John Parachini/Terrorism Analyst;]
[OUT Q=back to you]
IN HIS ADDRESS TO THE NATION PRESIDENT BUSH MADE HIS REASON FOR GOING TO
"Today, no nation can possibly claim that Iraq has disarmed. And it
will not disarm so long Saddam Hussein holds power."
THE PRESIDENT SAYS SADDAM HAS UNTIL WEDNESDAY NIGHT TO LEAVE IRAQ OR BE
THE DICTATOR HAS ALREADY REJECTED THE ULTIMATUM WHICH MEANS U-S TROOPS
WILL SOON BE IN HARMS WAY.
BUT MISTER BUSH IS ALSO WARNING AMERICANS AT HOME.
"In desperation he and terrorist groups might try to conduct terrorist
operations against the American people".
BECAUSE OF THIS THE TERROR ALERT HAS BEEN RAISED FROM ELEVATED TO HIGH
AND THE GOVERNMENT IS PUTTING "OPERATION LIBERTY SHIELD" INTO PLACE.
WHEN WAR BEGINS COAST GUARD CUTTERS WILL BE PULLED BACK CLOSER TO SHORE
TO PROTECT U-S HARBORS.
BORDER INSPECTIONS WILL BE TIGHTENED.
HEAVILY ARMED GUARDS WILL PROTECT GOVERNMENT BUILDINGS AND NUCLEAR POWER
(NATS- "we're checking cars")
SECURITY WILL ALSO BE TIGHTENED AROUND AIRPORTS.
AND THOUSANDS OF OFFICERS WILL BE REASSIGNED TO TRAINS AND SUBWAYS.
(SOT-John Parachini/Terrorism Analyst)
"Ever since September 11th the United States has raised its guard to
protect its homeland. But in the context of international conflict we
should be prepared that there may be sleeper cells that will take
strikes at us here in the united states."
While Saddam Hussein says he's not going anywhere, he's also telling his top military advisors to stay put.
Saddam is counting on suicide fighters to die as martyrs in his defense.
He adds that his soldiers are ready, and more than able to defeat American troops.
U-S officials, who've intercepted Iraqi communications, indicate one division of Iraqi soldiers near Baghdad is about to be issued chemical weapons.
Meanwhile, U-S marines and army units are expected to move into attack positions very soon.
Governor Mark Warner has raised Virginia's threat level to orange, or high alert, in response to similar action by federal officials.
Warner's also ordered state agencies to begin implementing plans that were developed last year in the event of war with Iraq.
He adds that he's been briefed over the past several weeks about Virginia's readiness in case there are retaliatory terrorist attacks.
Meanwhile, Governor Warner says he will support the troops if President Bush calls for military action against Iraq.
The governor says Virginia's first responsibility is to the young men and women in combat should the U-S declare war.
[IN Q=I HAD BEEN HOPEFUL]
((GOVERNOR MARK WARNER: I HAD BEEN HOPEFUL AS I THINK MOST AMERICANS ARE THAT WE COULD HAVE GARNERED MORE INTERNATIONAL SUPPORT FOR OUR EFFORT. BECAUSE IT WILL NOT ONLY BE THE QUESTION OF THE WAR BUT THE RECONSTRUCTION OF IRAQ. BUT SHOULD THE PRESIDENT TAKE US TO WAR I'M GOING TO JOIN EVERY OTHER AMERICAN IN BEING VERY SUPPORTIVE OF OUR TROOPS IN THEIR EFFORT.))
[OUT Q=OUR TROOPS IN THEIR EFFORT.]
The governor says if fighting begins, he remains hopeful that it will be a short war.
Warner also says that a war will likely harm the state economically because so many military personnel are stationed in Virginia.
Roanoke police are investigating a suspicious death on Orange Avenue.
Officers found man dead in a parking lot near the Earl (shibe) Scheib Paint and Body Shop around ten last night.
The medical examiner was called to the scene and police are still working to confirm the man's identity.
They have not said how the man may have died.
[TAKE CRIMELINE FS]
They ask anyone who may have information to call Crimeline at 344-8500.
[TAPE#=03-02 TC 1:13:30]
All the snow this winter may have cost some area students their normal days off, but in at least one locality, they may not have to worry about final exams.
Bedford County has missed a total of 17 days to weather and administrators say students need to worry more about preparing for their S-O-L testing than their final exams.
(///// SOT /////)
[IN Q=It's not so]
((JAMES BLEVINS/BEDFORD CO. SCHOOL SUPERINTENDENT: IT'S NOT SO MUCH DEALING WITH ACCREDITATION OF THE SCHOOL, THEN IT IS THE STUDENTS HAVING TO HAVE THESE VERIFIED CREDITS TO GRADUATE. TO ME IT'S MORE IMPORTANT TO HAVE THOSE STUDENTS ARE ABLE TO TAKE THOSE VERIFIED CREDITS, TO RECEIVE THOSE VERIFIED CREDITS THAT THEY NEED TO GRADUATE.))
[SUPER=01-James Blevins/Bedford Co. School Superintendent]
[OUT Q=need to graduate.]
The school board will decide whether to eliminate exams at its March 27th meeting.
In business news, Wall Street enjoyed a powerful rally yesterday.
Alexis Christoforous has that story and more in this morning's Marketwatch.
[SUPER=01-Alexis Christoforous/Reporting; :00]
[OUT Q=in New York.]
((INVESTORS ARE BETTING THAT WAR WITH IRAQ WILL BE SWIFT AND DECISIVE
THAT LED TO A POWERFUL MARKET RALLY TO KICK OFF THE TRADING WEEK.
THE DOW RAN UP 281 POINTS A GAIN OF MORE THAN 3 AND A HALF POINTS.
WHILE THE NASDAQ CLIMBED 51 POINTS OR NEARLY 4 PERCENT.
From the launch of the air campaign on Jan. 16, 1991, during the first Gulf
War through the end of that year, the Wilshire 5000, the broadest measure of
U.S. stock market performance, gained 37 percent. many economists expect an
upturn in the economy this time around, once the hostilities come to an end.
THE OTHER MAIN EVENT FOR THE MARKETS .. FEDERAL RESERVE CHAIRMAN ALAN
GREENSPAN AND FELLOW POLICYMAKERS ARE SET TO MEET IN WASHINGTON TO TALK
ABOUT THE ECONOMY AND INTEREST RATES. BUT WITH WAR IMMINENT MOST EXPECT THE
FED TO HOLD THE LINE ON RATES.
ON THE STOCKS TO WATCH LIST: APPLIED MATERIALS WILL CUT 14 PERCENT OF ITS
WORKFORCE OR 2-THOUSAND JOBS AND CLOSE SOME FACILITIES. APPLIED MATERIALS
SAYS THE JOB CUTS ARE IN RESPONSE TO THE WORST EVER SLUMP IN SEMICONDUCTOR
A WELL KNOWN NAME IN RETAIL IS FILING FOR BANKRUPTCY.. Spiegel - THE owner
of the 98-year-old Spiegel catalog AND THE EDDIE BAUER STORES filed for
SPIEGEL IS 1.7 BLN DOLLARS IN DEBT BECAUSE OF credit-card customers
defaulted on payments.
BUT SPIEGAL HAS LANDED 400 MILLION DOLLARS IN LOANS WHICH WILL ALLOW THE
COMPANY OPERATE WHILE IN BANKRUPTCY.
TRACK ALL THE PRE MARKET ACTION AT CBS.MW.COM .. AT THE NASDAQ
I'M AC IN NEW YORK.))
(tape tosses to stocks)
A legal battle over a Pulaski apartment building has many residents' blood boiling, even though their water and apartments are cold.
New River Valley Bureau Chief Myranda Stephens explains.
(///// SOT /////)
[IN Q=it makes a man]
[SUPER=01-Stephan Steele/Tenant; :11]
[SUPER=01-Callie Edwards/Tenant; :33]
[OUT Q=news 7, pulaski.]
(([SOT 46:01][COVER BITE!!!]
((IT MAKES A MAN HOT, MAKES ANYBODY HOT 4604))
It's actually what's NOT hot that's making residents at the Wallace Apartments steaming mad.
((OH, IT'LL TURN ON BUT IT AIN'T GO GET HOT 4934))
The nearly dozen who live in the building have been without heat or hot water for nearly a week.
The owner, Ima Wallace, says she didn't pay the gas bill because she didn't receive everyone's rent.
But, to people like Ernest and Callie Edwards, who PAID their rent, that's not an excuse.
(( I'VE ALWAYS DONE WHAT I'M SUPPOSED TO AS A TENANT AND AS A LANDLADY SHE SHOULD DO WHAT SHE HAS SAID IN THE CONTRACT 5322))
Wallace's attorney says both his client and the residents are victims of a legal battle.
He says the new owner, Holly Radcliff told the tenants that they had to move out by the end of the month, so some refused to pay their rent.
Radcliff denies saying that, and says she's NOT the owner until April anyway, so the problem is not in her hands.
In the meantime, many of the residents have moved out or say they will.
(( I HAVE FOUND SOMEWHERE BUT I CAN'T GET IT UNTIL WE GET OUR CHECK TO PAY THE DEPOSIT AND OUR RENT 58:58))
Which means the Edwards will just have to deal with the cold...at least until the first of the month.
Myranda Stephens, News 7, Pulaski.))
(Kimberly tosses to bump)
Student organizations at Virginia Tech want the university's board of visitors to reconsider its decision to eliminate the affirmative action policy or face legal consequences.
Virginia Tech's Student Government Association says it's started a petition encouraging the board to revisit the affirmative action issue and have it heard in an open forum.
(///// SOT /////)
[IN Q=AND THIS IS]
((15:00 AND THIS IS PURSUANT TO ARTICLE ONE, SECTION TWO, PARAGRAPH ONE THAT ALLOWS THREE MEMBERS OF THE BOARD TO AGREE TO CALL ANOTHER MEETING. THAT'S ALL IT TAKES IS JUST THREE TO SAY WE NEED TO REVISIT THIS ISSUE 15:10))
[SUPER=01-Miles Hogue/SGA President Pro-Tem; ]
[OUT Q=REVISIT THIS ISSUE]
During a closed meeting LAST Monday, the board voted to eliminate affirmative action from its admissions and hiring processes.
Board of visitors rector, John (Rock-uh-vitch) Rocovich says the board was just trying to do the right thing... and that it treats people fairly according to state laws.
Rocovich says the board would only revisit the issue if those laws were changed.
In business news, The markets jumped yesterday on signs that war is inevitable.
Stan Case has more in today's business brief.
(///// SOT /////)
[SUPER=01-Stan Case/Reporting; :]
[OUT Q=I'm Stan Case.]
((STOCKS RALLIED ACROSS A BROAD FRONT MONDAY.
INVESTORS SEE A SHORT WAR WITH IRAQ AS IMMINENT, ENDING THE AMBIGUITY THAT HAS RULED THE MARKET FOR MORE THAN FOUR MONTHS.
THE DOW JUMPED UP 281 POINTS.
THE NASDAQ GAINED 51 POINTS.
THE PRICE OF GOLD SOARED, AT ONE POINT JUMPING SEVEN DOLLARS TO THREE-HUNDRED-43 DOLLARS AN OUNCE.
GOLD IS REGARDED AS A SAFE HAVEN FOR ASSETS, IN TIMES OF POLITICAL AND ECONOMIC UNCERTAINTY.
THE PRECIOUS METAL DROPPED LATER IN THE DAY THOUGH, ENDING WITH JUST A 60 CENT GAIN.
ANALYSTS PREDICT GOLD WILL CONTINUE TO RALLY AGAINST A BACKDROP OF WAR.
SUN MICROSYSTEMS, LIKE MOST TECHNOLOGY COMPANIES, SAW GAINS ON THE DAY.
A BARRON'S ARTICLE OVER THE WEEKEND SAID THE STOCK IS OVERDUE FOR A BOUNCE IN THE EVENT OF A TECH TURNAROUND.
SUN WAS UP NINE PERCENT ON THE NEWS.
SPIEGEL, INCORPORATED FILED FOR CHAPTER ELEVEN BANKRUPTCY PROTECTION AFTER MISSING PERFORMANCE TARGETS TIED TO ITS CREDIT CARD BUSINESS.
THE CATALOG RETAILER, WHICH IS ALSO THE PARENT OF THE RETAIL CHAIN, EDDIE BAUER, SAID LOW SALES AND HIGHER THAN EXPECTED WRITE OFFS ARE TO BLAME FOR THE FAILURE OF THE CREDIT CARD BUSINESS.
SPEIGEL SHARES LOST MORE THAN 10 PERCENT ON THE DAY.
WITH THE BUSINESS BRIEF I'M STAN CASE.))
[TAPE TOSS TO STOCKS]
U-S health officials are hoping to keep out the mysterious form of pneumonia that's being blamed for nine deaths in eight different countries.
More than a dozen people in the U-S are being examined for symptoms similar to the illness that's hit Asia.
Meanwhile, officials report a suspected case in the Los Angeles area.
A man became ill after recently traveling throughout Asia.
Lab technicians at the Centers for Disease Control and Prevention have been working around the clock, trying to pinpoint the origin of the illness.
Everybody's a winner at the Oscars, even the stars without the statues.
Elise Wuhl explains in today's Hollywood Minute.
(///// SOT /////)
[IN Q=With the Hollywood]
[OUT Q=I'm Elise Wuhl.]
((WITH THE HOLLYWOOD MINUTE, I'M ELISE WUHL.
WANT TO KNOW WHAT SOME FOLKS WILL BE LEAVING THE OSCARS WITH? EVEN IF IT'S NOT A STATUE, ALL NOMINEES, PRESENTERS
AND PERFORMERS WILL GET GOODIE BAGS COMPLETE WITH GIFT CERTIFICATES TO A COUPLE OF DIFFERENT SPAS, FOUR NIGHTS AT A RITZY HOTEL IN SWITZERLAND, A PRIVATE DINNER PARTY FOR TEN AT A STEAKHOUSE, A CRYSTAL VASE FILLED WITH CHOCOLATE TRUFFLES...AND BELIEVE IT OR NOT, THAT'S NOT ALL. IN TOTAL, THE BAG IS WORTH ABOUT 20-THOUSAND DOLLARS- NOT TOO SHABBY!
DAVID LETTERMANIS STILL RECOVERING FROM SHINGLES SO "THE LATE SHOW" HAS ANNOUNCED ANOTHER WEEK'S WORTH OF GUEST HOSTS. TUESDAY'S HOST WILL BE COMEDIANTOM DREESEN. SITTING IN WEDNESDAY..."LIFE WITH BONNIE" STARBONNIE HUNT.. AND THURSDAY AND FRIDAY WILL BE RERUNS BECAUSE OF THE N-C-DOUBLE-A BASKETBALL GAMES.
MATTHEW PERRY OF FRIENDS IS MAKING THE JUMP TO POLITICS. PERRY IS SET TO APPEAR ON THE DRAMA, "THE WEST WING" IN EPISODI'M ELISE WUHL AND THAT'S THE HOLLYWOOD MINUTE.))
ES AIRING APRIL 23RD AND 30TH.