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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme/No Pennies -- Ignore unavailable to you. Want to Upgrade?

To: TokyoMex who wrote (21028)	12/3/1998 7:35:00 AM
From: Margaret Lynn	Respond to of 119973

To the thread A news article to ponder, does anyone have any suggestions on whether or not this might impact any stocks. biz.yahoo.com Thursday December 3, 12:21 am Eastern Time Clinton to unveil new rules for safe drinking water WASHINGTON, Dec 3 (Reuters) - President Bill Clinton will announce new regulations aimed at improving the safety of drinking water for 140 million Americans during a visit to Rhode Island on Thursday. The White House said the new regulations will set safety standards for a water-borne parasite called cryptosporidium, which was blamed for contaminating Milwaukee's water system in 1993, sickening some 400,000 people and killing about 100. The Environmental Protection Agency predicts that the new standards will prevent 460,000 cases of water-borne illnesses a year. In addition, Clinton will announce new rules that require improved filtration and monitoring in water systems to prevent disinfectants used in water treatment from contaminating tap water. These chemicals, like chlorine, are used to kill water-borne microorganisms that cause illnesses like typhoid and cholera. But the chemicals also have been found to cause birth defects and cancer in laboratory animals. The new rules are aimed at reducing exposure to these byproducts by 25 percent in water systems serving 140 million people. Clinton will be joined for his announcement at Fort Adams State Park in Newport by Rhode Island Republican Sen. John Chafee, who co-wrote the 1996 legislation that set the new Environmental Protection Agency rules. The regulations will cost about $2.5 billion to implement over five years. ''These new guidelines are, without question, the most significant and expansive safe drinking water regulations in the history of this issue, and rightly so,'' Chafee said in a statement. Clinton will also announce that the government is making available $775 million in low-interest loans to all 50 states to upgrade drinking water systems, and $93.8 million in grants to support states' drinking water programs. Maggie