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About Portland observer. (Portland, Or.) 1970-current | View Entire Issue (June 1, 1994)
P age A3 T he P ortland O bserver • J une 1, 1 9 9 4 ______________ Summer Safety Program Continued from front ▲ 1 “W e are excited to be part o f the national agenda,” said Fred W illiams, President o f PAL and partner o f Perkins and Co. “W ith additional corporate support for our base pro gram s and our partnership with L ead ers Roundtable, we will make an im pact this sum m er through crim e p re vention efforts.” Announced by President Clinton at an Am eriCorps Public Safety Fo rum on March 10 in Brooklyn, New York, Sum m er o f Safety will involve nearly 7,000 participants who will serve with 91 projects in 70 urban and rural locations around the U nited States. “ Sum m er o f Safety participants will help Am erican people take their com m unities back,” said Eli Segal, assistant to Clinton and CEO o f the C orporation for N ational Service. “They will com e together across g en erations, ethnically and income lev els to do the work that com m unities deem m ost necessary in their critical fight against crim e and violence.” I ro c PORTLAND DEVELOPMENT COMMISSION In June 1994, PAL will increase its crim e prevention efforts by open ing its first PAL Y outh C enter in the Rockwood neighborhood. A ribbon cutting cerem ony and introduction o f the VISTA Sum m er Associates is scheduled for June 1 4 ,11:30 a.m . at 424N .E . 172nd. The 35 VISTA Sum mer A ssociates will be based at the PAL Y outh Center coordinating rec reation-based program s, a National Night O ut, graffiti paint-over projects, neighborhood canvassing with safety inform ation and counseling in vari ous sum m er sports camps. “T he VIST A grant gives PAL an opportunity to introduce college-aged students to a whole new experience,” said P ortlan d State student Jerry Ciocta. “ It introduces us to com m u nity children, and gives us hands-on experience about w hat today’s chil dren are facing in society.” A p p lic a tio n s a re a v a ila b le through PA L (248-5011), the L ead ers Roundtable (228-8617), and the Corporation for N ational Service o f fice (231-2103). A pplications are be ing accepted through May 30th. I New Advisor COM M ISSION MEETING Date: June 8,1994 Place: Portland Building 1120 SW Fifth Ave., 11 th Floor Portland, Oregon Time: 8:00 a.m. Commission meetings are open to the public. A complete agenda is available at PDC or by calling 828-3200. Citizens with disabilities may call 823-3232 or TDD 823-6868 for assistance at least 48 hours in advance. PDC is the City of Portland’s urban renewal, housing and economic development agency. S a y You S a w It In... Joins Drug Rehab C enter John J. U lwelling, executive vice president o f the O regon Foundation for M edical E xcellence and form er executive director of the Oregon Board o f M edical Exam iners, has been ap pointed senior advisor to the board o f directors o f Springbrook N orthw est As head o f the Board o f M edical Exam iners, U lw elling established a diversion program for those licensed by the board to assist in the rehabili tation o f the addicted professionals. Since the program ’s inception, the diversion program has helped over 250 health professional resum e their norm al lives and practices. U lw elling will continue in his current role with the O regon Founda tion for M edical Excellence. 'Q IIjc ^ . Í n r í í a n t t (¡PIiaerDcr Holy Cow! Enter Kid’s Competitions At The Multnomah County Fair! t This sum m er, the M ultnom ah C ounty Fair is com ing to the Expo C enter in Portland on July 27 - 31. This year, the Y outh D epartm ent o f the Fair has added many new features and com petitions for kids and teens. As com petition areas are entered, kids can earn great prizes, have a lot o f fun, and have their entries judged by the very best in their entry field. For more inform ation, and to get a copy of the 1994 E xhibitor Handbook, co n tact the M ultnomah County Fair O f fice at 248-3094. Youth D epartm ent Com petition Preview: • C rafts and C ollections. W e w ant to see w hat you have been co l lecting! • Foods. From Channel 2 ’s pro gram “Tw o to Four” , food segm ent judge Emily Crum packer. • G raphic Arts. Poster Design: 1 st Place Prize, your image will be the Youth Segm ent Poster for 1995 Fair! • Literature. Short Stories, P o em s, judged by Robin Cody, Author o f “ Ricochet River” ; Phil M argolin, A uthor of “ Body o f Evidence.” Gift certificates from Pow ell’s Book Store. • Perform ing Arts. All groups and individuals are invited to sign up to perform on stage. Com e show us your stuff! M usic, Theater, Dance! • Photography. Black and white, color prints, all kinds o f subject m at ter. Judge Steve C ridland, President, A merican Society o f M edia Photog raphy, O regon Chapter; C hristopher Rauschenberg, Chairperson, Blue Sky Photography G allery, Portland, O r egon. G reat prizes to be announced! • Plants and Flow ers. Judged by the best plant experts, gift certificates by Portland N ursery, D ennis’ Seven Dees Nurseries, Drakes 7 Dees N urs eries, M ax and Hildys Nursery. • Science. Save this year’s school projects or make new ones. A w ard for Most Creative - Innovative Project. • S ew in g, N e e d le c rafts, etc. W eavings and T apestries, W earable Art and Quilts. Judged by Textile A rtist M arth a Z a n g e r, T a p e stry W eaver Kathe Todd, Hooker, Fiber A rtist/designer Nancy Klos. • Visual A rts, Painting, D raw ing, Prints, Sculptures. Judged by Laura Russo, Laura Russo Gallery, G ordon G ilkey, C urator o f Prints and D raw ings, Portland Art M useum and Professor o f Prints, Pacific Northwest College o f Art. G ift C ertificate and art supplies from A rt Media. FARRIS FASHIONS Investing In Interest Sensitive Options No one has probabl y told you that everytim e the interest rates m ove up a percentage point this will devastate all investm ents in this country. It has a far reaching effect, more than the average person realizes. The world debt is approxi m ately 41 tril lio n d o lla r s . This m eans that when the inter est rates rise one percent, one class o f people m ust pay the debtors. In this case, you would have to pay the creditors approxi m ately 41 billion dollars. This is why rising interest rates can cause so many problem s in this country and also abroad. The rising interest rates ef fect every thing, stock plunges and the collapse o f real estate investments. The dollar drops in value and be com es alm ost worthless. Banks and insurance com panies who have large investm ents in real estate will col lapse rightalong with everything else. High interest rates cause catastrophic economic effects nationally and in ternationally. The interest rates are under the control o f the Federal Reserve Board, and its banks. M o sto f you don ’ t know that the Federal Reserve System is not a part o f the federal governm ent even though it sounds like part o f the gov ernm ent. The Federal Reserve is a $50 or $100 could be worth $1,200 - $ 1,500. This could be made in day s or in weeks. But, w hat if you invested let ’ s say $ 1,000and interest rates rose to about half the am ount that they did under President C arter’s adm inistra tion, that $1,000 investm ent would grow into approxim ately $375,000 in a short time. If you will recall, the last time we had a D em ocratic A dm inistration, prim e interest rates rose to 21.5 per cent, the T-bills were beyond 17 per cent, so you can see that interest rates are going to clim b upward before the end o f the year; so why not make a profit from this, by investing in Inter est Sensitive Options. You can find out about how you can begin to invest these options by calling a stockbroker and getting further information. This is the kind o f investm ent that will let you sleep at night without worrying about how much you are going to loose on your investm ent., so check it out. As I stated before, interest rates are the core o f the w orld’s financial markets. There is going to be high profits made from investing in the interest rate m arket from 1994 until 1997. The rates have alw ays risen under the D em ocratic A dm inistra tion. You are probably not aw are of this, but every local, state and federal governm ent is involved in the interest rate markets. 9 4#>»er(Ca Beau"' Hatfield To Put Spotlight On Environment U.S. Sen. M ark H atfield,R -O re., will chair a “Listening To A m erica” meeting in Portland to solicit view points and ideas from O regonians w hose livelihoods depend on even- handed environm ental policies that foster econom ic growth. The meeting will focus on the im pact o f environ m ental policies on salm on recovery and the tim er industry. “F o r too long, the A m erican people have been shut out o f policy decisions that affect their fam ilies and business on a day-to-day basis,” said Haley Barbour, chairm an o f the R epublican-oriented “L istening to A m erica” project. The project is spon sored by the National Policy Forum: A Republican Center for the Exchange o f Ideas. The m eeting will be held June 2, from 9 a.m. to noon at the Portland M arriott, 1401 SW Front Ave., Salon D. The meeting will focus on audi ence participation and is open to the public, free o f charge. All concerned citizens are invited to attend. “Environmental policies and their im pact on jobs and econom ic growth are at the forefront o f the national policy debate,” Barbour said. “It’s a critical debate that absolutely must take place, but, too often, the discus sion is confined to W ashington with very little input from the people who are affected by these policies day-in and day-out.” According to Barbour, “Listen ing to America” is designed to broaden the debate over issues like environ mental policies by giving Americans at the grassroots level, regardless o f party affiliation, a voice in develop ing national policies. 1-80O-USA-4-KAB Keep America Beautiful has the answers. Printed as a publie sen iee In this publication. Super Sale Satu rd ay, Ju n e 4 th Free Drawings: One (1) $100.00 gift certificate • One (1) pair NIKE Barkley Shoes One (1) Fashion Wig by Eva Gabor $120 value • Style and Shampoo $24 value. Entry Blanks available in store starting at 10 a.m., June 1st. You must be at least 18 years of age to enter. No purchase necessary. Drawing will be held at 7 p.m., Saturday, June 4th. S to rew id e S avin gs Iloine Be par I m eni J e w elr y Departm ent Men's D epartm ent • NBA Logo Hooded T’s Orig. $45 NOW $19.99 • Selected Gemstone Jewelry SAVE 50% • Selected Furniture Samples SAVE 30% to 50% • NBA Logo Windsuits Orig. $90 NOW $49.99 • Selected Sterling Silver SAVE 40% • Bed Pillows Orig. $13.99 NOW $7.99 • NBA Logo Jackets Orig. $75 NOW $29.99 • Selected 14K Gold Chains SAVE 60% • Comforters/Selected Styles SAVE 40% to 50% • Selected Sport Shirts Orig. $24-$32 NOW $9.99 • Selected Watches SAVE 50% • • Summer Shorts Orig. $18 NOW $7.99 • Selected Fashion Jewelry SAVE 50% • Selected Lamps Orig. $50 - $180 NOW $29.99 - $99.99 Selected group of luggage NOW 50% OFF 4 Year Anniversary Sale 1) Night Club D e sig n e r S h o rt Set $25.95 to $69.95 2) Snake Skin Belt $7.95 3) Snake Skin Shoe Men from $69.95 Women from $49.95 4) Men Double Breasted Suits All Colore From $149.95 5) W om en B u tterfly Short Pants from $99.95 6) Men and Women Silk Joggers $49.95 Offer Ends June 6 Visa I Master I American Express I Select Check Service • LAYAWAY • 2929 NE Alberta private corporation that is privately ow ned and locally controlled. The Federal Reserve Board, and its banks have been given a mandate by C on gress to issue money and control the m onitory system in this country. You can be assured that this private corpora tion will raise inter est rales 2-3 times more before the end o f the year. You can profit from this interest rate m arket. Each day, interest rates exceed 700 billion dollars. That is approxim ately 70 times w hat is traded on all the stock m arkets in this country in one day. So you can see this is big business. Some of the more affluent inves tors are saying that you can start investing in Interest Sensitive O p tions with a small am ount o f cash, as little as $50 to $ 100 plus com m ission. You can control $1 million dollars of federal reserve notes. This is what you call real leverage, 10,000 to 1. The profit from this small invest ment can grow into thousands o f dol lars in a short period of time because everytim e the interest rates rise in percentage points, your investment will earn a profit. The only thing you stand to loose in this investm ent is your initial investment which is only $50 to $100. But, if interest rates m ove upward, say one percent, that In the tight over solid w aste, w e don't point fingers. We point to answers. 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