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About Portland observer. (Portland, Or.) 1970-current | View Entire Issue (Oct. 12, 1994)
O ctober 12, 1994 P age A4 T he P ortland O bserver NATIONAL The “Rainbow’s” New Director! Shadow Senator for the District of Columbia, Rev. Jesse L. Jackson, center, introduces Angela Davis, right recently appointed Executive Director of the National Rainbow Coalition, to Maurice Cox, Vice President for Diversity and Corporate Development, Pepsi Cola Company. The occasion was the recent “Friends of the Rainbow Coalition Reception” in Washington. A former Director, Public Defender’s Service, Washington, D.C., Ms. Davis is a graduate of the Harvard Law School where she is a visiting professor, teaching trail advocacy workshops. Jackson is the founder and chairman of the Rainbow Coalition. HHS Secretary Donna E. Shalala talks with Air Force Lt. General Albert J. uamonas anersue conducted an electronic purchase Oct. 4, making the Department of Health and Human Ser™ es the first federal civilian agency on the government-wide electronic commerce system. General Edmonds director of the U.S. military 's Defense Information Systems Agency. The Department of Defense operates the network through which federal agencies will be able to electronically announce re^ e s ts for bids, receive bids from private firms and make purchases. Others participating in the launch at Hr included Deputy Undersecretary of Defense Colleen Preston and Steve Kelman, procurement policy administrator. Office of Management and Budget. (HHS photo by Chris Smith) I Bill Castleberry Appointed Group Manager of Coors Diversity Program Coors Brewing Company an nounced the appointm ent o f Bill Castleberry as group m anager of the com pany’s expanded diversity pro gram, effective immediately. Castleberry is charged with ex ecuting a well-rounded program to meet the com pany's goal of building diversity in the workplace. His re sponsibilities include refining, de veloping and implementing diver sity training programs and workshops for all employees. He also is respon sible for the Affirmative Action pro gram and for monitoring the Na tional Black Covenant and the N a tional Hispanic Agreement. During the 1994 annual m eet ing, Peter Coors, vice chairman and chief executive officer, said, “I really believe that if w e’re going to be effective in the United States and in world markets, our workplace needs to reflect the makeup of the m arket place and the communities we serve. As we go forward, you’ 11 see us place a much greater emphasis on diversity at Coors.” Castleberry joins Coors from L ouisv ille, C o lo .,-b ase O hm eda Medical Systems, a subsidiary of the BOC Group. He was the m anager of Bill Castleberry recruitment, employee relations and training programs. He also was a charter member of B O C 's W orkforce 2(XX) Council which is charged with developing diversity policies and initiatives for a work force of 12,0(X) in North America. “Bill has exceptional com m uni cations and problem -solving skills that will strengthen our management team and help us meet our company goal in the area of diversity,” said Leo Kiely, president and chief oper- ating officers. "W hile we are proud o f our ac com plishments in the area o f social responsibility, Bill will take us to the next level,” Kiely added. “He will positively affect all of our operating departments by dem onstrating the significance of diversity in the com munities in which we do business.” Castleberry spent 21 years in the U.S. Air Force, achieving the rank of colonel. Among his many assign-, ments, he served as the director of personnel plans and policy for the Strategic Air Com m and H eadquar ters in Omaha, as the director of Personnel at Lowry A ir Force Base, and as a human resources executive assistant to the Joint Chiefs of Staff at the Pentagon. He w as g ra d u a te d from T e n n essee S tate U n iv e rsity in N a sh v ille w ith a b a c h e lo r ’s d e g re e in p o l i t i c a l s c i e n c e a n d fro m W e b s te r U n i v e r s i t y w ith a m a s te r’s d e g re e in m an ag em en t. H e a lso is a g ra d u a te o f th e N a tio n al D efen se U n iv e rsity w here he w as a S e n io r R e se a rc h F e l low . Castleberry lives with his wife and two children in Aurora. t Certified For Success - Recent students from the Los Angeles Urban League Automotive Training Center (LAULATC) received more than just diplomas when they graduated - they also got jobs. Graduates from the Brakes and Suspension and Air Conditioning classes are employed by such companies as Pep Boys, Sears, Tire Station and Toyota dealerships. The LAULATC offers seven classes in the automotive service industry. For more information, call (800) 382-1358. Foreign Investors Are Holding 2.25 Trillion In U.S. Securities ticle, interest rates have risen twice, ow many of you out and they are going to start moving there are aware of the upward again. Let me tell you why fa c t th a t fo re ig n they are going to start rising again in investors are holding S2.25 a very short period of time. In June, trillion dollars in U.S. securities July and the middle part of August and of this amount, they are 1994 you could have taken one U.S. holding approxim ately S600 Dollars and purchased 350yens. Now b illio n in bonds. They are you can buy only approximately 97 s e llin g th e se b o n d s, and yens for one Federal Reserve Note securities as fast as they can. H You are probably saying to yourself, so what. Let me give you an exam ple of what is going on and why they arc in such a rush to sell these bonds and securities and how this is going to affect you and your family. The week of June l, 1994, 1 wrote an article for this paper en titled. "How to Make a Profit by Investing in Interest Sensitive O p tions.” Since the writing of that ar referred to as a U.S. Dollar. The c u r rency that is presently being u se d in th is Sy country has de Omari J. Kenyatta, clined to the lo w e st lev el J.D. that it has ever b een a g a in st other major countries’ currency . The only countries that the American Dollar seems to be gaining in strength and value a g a in st are M ex ico , Rewanda and Haiti. W hat does this tell you about the American dollar. Preparing your home and tamily for fire prevention and detection is one of the most important safety p re cautions you can take. Over the past five years, residential fires have caused nearly $20 billion in property dam ages and killed more than 20,000 people in the United States. O ctober 9-15 has been declared as National Fire Prevention W eek in order to educate families in recog nizing and eliminating fire hazards “E veryone benefits from the energy fire provides for us to cook, heat our hom es or give us light," says Doug Sommer, a safety education specialist for the Country Com pa nies insurance group "However, if fire is not kept under control, it can cause extensive damage to homes and cause loss of lives." P o te n tia l fire h a z a rd s are u s u a l l y h id d e n in a h o m e . S o m m e r says m ost fire s result These are some of the countries that are having internal turmoil. This be ing the case, no one knows what is really going to happen in these coun tries. They are pretty unstable at the present time. The Japanese, Germ ans, Kore ans etc. are selling their bonds and other securities off because of the decline of the American Dollar. The fund managers of these countries have com e under pressure from their in vestors to sell their holding of Ameri - can Bonds, Securities etc. The inves tors have about $6(X)billion invested in bonds alone, and they are selling as fas, as they can. Securities and treasury bonds are supposed to be one ot the best and most safest securities that one can purchase. W hen the foreign inves tors start selling off their bonds, and securities, the stock market will take a real hard dive in the down position. I hope that the investors are prepared for this economic downward turn The DOW is going to fall and some investors are going to loose a sub stantial amount of their investment capital. This is going to create a rippling effect in the U.S. Economy by the first quarter of 1995. You will see interest rates rise again. The mort gage rates will be some where close to 12% and then 13%. The next thing you will see is 14%. Interest rates always move upward when bonds rates are moving down. Each day, interest rates exceed $700 billion dollars. That is approxi mately 70 times what is traded on all the stock markets in this country in one day. So you can see this is big business. That is why it is so impor tant that interest rates remain low and the dollar remains high in its value. Interest rates are at the core of the W orld’s Financial Market. Every time the interest rates move up a percentage point, this increase will devastate all investments in thiscoun- try. The world debt is approximately 41 trillion dollars. This means that when the interest rates rise one per cent, someone has to pay the credi tors approximately 41 billion dol lars. In this case, you would have to help pay this amount. This is why rising interest rates can cause for many problems in this county and also abroad. I Know that wha, you have just read was not very pleasant news, but I had to tell you this because you are going to invest in Interest Sensitivity Options and you are going to use the O ptions Profit Insurance Plan to in vest in Gold and Silver. Every time the dollar drops in value, silver and gold prices will go up. It does not cost very mush to use this option plan. For example you can control a 5000 ounce silver contract without risk or obligation and all of this can be done by using the Option Profit Insurance Plan, which cost you about $95.00 to a $100.00 dollars. You would be using Call Options because you would be expecting silver prices to go up. If you want more inform a tion on this subject, you should talk to a commodities broker. There is a lot of discussion and a growing movement around this country, and in congress, to return to the gold standard which would help stabilize the monetary system in this country. In c lo sin g , let m e say th is. If we had m o n etary sy stem , a c c o rd ing to the c o in a g e act o f 1792, w hich is w ritte n in the C o n s titu tion, m aking gold and silv e r the m oney a c c o u n t, e v e ry fe d e ra l reserv e note th a t is in c irc u la tio n in this c o u n try w ould have a s il ver or gold c e rtific a te on its face. If this w ere the c a se , the U .S. d o lla r w ould n ev er had d e c lin e d in value the w ay it has today and the fo re ig n in v e sto rs w ould have m ore c o n fid e n c e in the U .S. D o l lar. National Fire Prevention Week Encourages Home Protection » « fro m fa u lty e le c tr ic a l w irin g , h e a tin g and c o o k in g u n its , or im p ro p e r use o f e le c tric a l a p p li a n c e s and o u tle ts. "I, is im p o r ta n t to re c o g n iz e th ese p o te n tia l fire sta rte rs in o rd e r to p ro te c t y o u r hom e and fa m ily ,” he says H eatin g and c o o k in g so u rces can be c u lp rits o f a fire and are e a sily re c o g n iz e d if you know w hat to look for. F ire p la c e s and w o o d b u rn in g sto v e s c a u se m ore p ro b le m s than m o st o th e r hea, so u rc e s. S o m m er su g g e sts s to r ing b o x e s or p a p e r in an open a re a aw ay from fire p la c e s , fu r n a c e s, w ater h e a te rs and o th e r h e a tin g a p p lia n c e s. A lso, m ake su re th at heat so u rc e s are p ro p erly in sta lle d and v e n tila te d b e fo re usin g th em , and that fla m m a b le m a te ria l is sto re d in a p p ro v e d c o n ta in e rs. Although a little housekeeping w ill prevent a potential fire, careless ness with fire will result in personal or financial loss. "A majority of fire deaths result from carelessness." ex plains the Country Companies safety sp e c ia list. "R em e m b e r to keep matches and lighters away from chil dren As Adults, se, an example by not smoking while drowsy or in bed." It is im p o rta n t to have fire safety d e v ic e s in your hom e to p ro te c t yo u r fam ily . L earn in g fire safety and p re p a rin g y o u r hom e and fa m ily ag ain st p o te n tia l fire dam ag e is im p o rtan t. The Country Companies insur ance group has produced a booklet called "Home, Safe Home” which offers precautions you can take to protect your family and home from fire and other dangers. To obtain a copy of this booklet, contact your local Country Companies agent.
