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.