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. 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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