Portland observer. (Portland, Or.) 1970-current, October 02, 1996, Page 18, Image 18

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    P AGE C 4
O ctober 2, 19 9 6 • T he P ortland O bserver
P D ME N I
Clinton sets up panel to
shore up black support
The Clinton/Gore campaign
national and state
Saturday announced the creation
steering groups to
of a national steering committee
drum up support for
to shore up support among Afri­
Clinton, Davis said.
can-Americans in 30 keytates, in­
The Clinton cam­
cluding California, Texas and
paign said 1995 Cen­
Pennsylvania.
sus Bureau statistics
President Clinton kicked off
showed that incomes
the effort with a conference call
rose faster last year
with black leaders and grassroots
than in any year in a
activists at 160 sites across the
decade and the pov­
country, telling them their sup­
erty rate among Af­
port was crucial to his re-elec­
r ic a n - A m e r ic a n s
tion campaign.
was at the lowest
"I intend to build on my record
level in history.
of the last four years,” Clinton
D avis said the
told national steering committee
ty p ic a l
black
members and state senators,
fam ily’s income had
church leaders and activists in
risen by $3,000 since
the 30 states.
1991.
He said his administration's
Ernie Green, hon­
p o licies and the im proved
orary co-chair of Af­
economy had won enthusiastic-
rican-Americans for
support nationwide among black
C lin to n /G o re ’96
groups and said this was “a stun­
lauded the admini­
ning validation of how we can do
stration’s efforts to
well and do good at the same
promote community
time.”
banks in low- and
C linton cam paign sp o k e s­
m o d e ra te -in c o m e
woman Lisa Davis said the cam­
com m unities, and
paign planned similar steering
the campaign’s de­
committees for a variety of eth­
posits of $5 million
nic and other interest groups —
in four m inority-
including women and educators
owned community
— over the coming weeks.
banks.
On Tuesday, the campaign will
“These and many
unveil a Jewish leadership coun­
other accom plish­
cil, followed by an announce­
ments demonstrate
ment Wednesday of environmen­
why we should work
tal activists supporting Clinton’s
to make sure that
re-election bid, she said.
P resid en t C linton
Ethnic groups and individuals
has
four
more
with Italian, Polish, Armenian.
years," Green said.
Lithuanian, Greek and Asian-Pa-
The national steer­
ci f t i ' f i e r itage would also form
ing committee includes
Betty Shabazz, wife of slain civil rights leader
Malcolm X, Representative Donald Payne, D-NJ,
and Representative
Jefferson, D-La..
Happy Birthday
Afisjane’ ‘Williams
From your big sister
William
Saturday, October 5,1996
Peninsula Park, Portland -
You clou t have
to hv rich to retire
w ith o \ er a m illio n .
A Merrill Lynch Financial Consultant
can show you how.
R e t i r e m e n t is a r im e to
rhe power of
compounding
en jo y life , n o t a tim e to w o rry
$ 5 ,0 0 0 invested
about m oney o r to start sealing
annually earn, ng
rax-deferred*
d o w n yo u r lifestyle. B ut if you
d o n ’t start planning now , th at’s
exactly w h at could happen.
By the tim e you retire, you
m ay n e e d 6 0 p e r c e n t to 8 0
p e rc e n t o f yo u r p re re tire m e n t
annual
in c o m e
fo r
liv in g
expenses. T h a t is w hy g ettin g an early start is critical. For exam ple,
i f at age 2 5 y o u c o n tr ib u t e d $ 5 ,0 0 0 a n n u a lly to a ta x -d e fe rre d
r e tir e m e n t a c c o u n t an d e a rn e d an 8 p e rc e n t ann ual re tu rn o n a
diversified p o rtfo lio , by age 65 you cou ld end up w ith $ 1 3 9 8 ,9 0 5 .
By c o m p a r is o n , if y o u w a it e d u n til age 4 0 to m a k e th e sam e
c o n trib u tio n , you co u ld en d up w ith $ 3 9 4 ,7 7 2 .*
Y o u r M e r r i l l L y n c h F in a n c ia l C o n s u l t a n t ca n m a k e a
d iffe re n c e . H e o r she w ill h e lp you d evelop a long-term financial
p la n , advise you o n in vestm en ts and an asset a llo c a tio n strategy
that can h elp m eet yo u r fin a n cia l goals.
THE COLLEGE FU N D /U N Cr
Can you afford to retire?
_________
So yo u see, y o u d o n ’t have to be ric h to re tire w ith o v e r a
7:30 AM Registration Begins
9:30 ÄM Walk Begins
m illio n . You just have to k n o w h o w to get it. For m o re in fo rm a tio n
o n w h a t steps you sho uld take to a ffo rd the retirem en t you w a n t,
PRESENTED
BY:
C O N T R IB U T IN G
SPO N SO RS:
S p ir it^
yni) Washington Mutual
call the n u m b e r below .
The difference is M errill Lynch.
‘ Any taxable investment earnings would be taxed in the year earned, m > they would
grow less quickly. The actual rate o f return will depend on factors such as the
securities selected and market conditions Investors should take into consideration
currency and investment risks.
Maurice Valdivieso
503-699-7201
FAX 699-4113
“Se Habla Espanol”
1 -800-667-9346
Ths frw n d o f t h * family
R e s t a u r a n t * o f O re g o n
S o u th w e s t W a s h in g to n
^Northwest Natural Gas
Nt
they eLv rrukrt « tup '
FOR INFORMATION CALL: (5 0 3 ) 2 2 3 -8 8 9 0
Merrill Lynch
A tradition o f trust.
© !*•» MrmllL»mk. Am,. ImatiS; Samb ln,<«f»4«c,l MrmK, MIS
Walnut Park Townhomes
Martin Luther King Jr., Blvd. 8e Roselawn
O ur Dream o f a vital, safe, fam ily oriented n eighborhood
has becom e a reality!
You are co rd ia lly invited to jo in the
northeast C om m unity D evelopm ent C orporation
and o u r partners as we celebrate
the com pletion o f the
W alnut Park Tow nhom es.
CHICKEN & BISCUITS
Celebrates
Minority Business
“We believe that helping individuals of
diverse backgrounds and cultures helps build
a solid community.”
A Street Faire w ill be held:
Equal Opportunity Employer
Saturday, O ctober 5, 1996
1:00 - 5:00 p.m.
Martin Luther King, Jr. Blvd. & Roselawn
M u s ic , F o o d 8e E n t e r t a in m e n t !
Homes will be open to tour
“ M a kin g The Im p o s s ib le P o s s ib le !”
Corporate Sponsors: Portland Development Commission, Blazers Boys and Girls Club, Emanuel
Legacy Hospital, NW Natural Gas Safeco Insurance and Washington Mutual