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Technology Stocks : Discuss Year 2000 Issues -- Ignore unavailable to you. Want to Upgrade?


To: C.K. Houston who wrote (3490)1/30/1999 12:47:00 PM
From: C.K. Houston  Respond to of 9818
 
"READY OR NOT, Y2K IS COMING" by Senator Bob Bennett
January 27, 1998 - Excerpts

Our government is not going to get all of its critical systems fixed in time for the century change. The evidence for this is so overwhelming ...

State and local systems that process Federal benefit checks are not likely to be fully remediated ... County operated "911 systems" may have failures ... Many companies like Chevron and General Motors are now conceding that they cannot guarantee their service as of January 1, 2000 ...

Even John Koskinen, Chairman of the President's Council on Year 2000 Conversion, has publicly acknowledged that the time to begin Y2K remediation is past and the time has come for crisis management and contingency planning ...

The time is long past for responsible figures in government, industry, the and media to be telling the American people that Y2K will have simple, easily managed consequences.

Our challenge as a nation and a world community over the next 338 days is clear. We must acknowledge that we are, indeed, facing a crisis ... Most importantly, we must face this crisis together, at the community, national and global level.

y2ktoday.com
Senator Bennett (R-UT) is Chairman of the Senate Special Committee on the Year 2000 Technology Problem