the jere beasley report, may 2009
TRANSCRIPT
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8/9/2019 The Jere Beasley Report, May 2009
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Anstrniutda tf fvdr 14,333 suisbrnidrs dobg efltg
www.IdosmdyOmmdl.bfe
Eoy 933>
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8/9/2019 The Jere Beasley Report, May 2009
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N.
BOSNQFM
FIRDYPOQNFLR
YDBDLQOMOIOEOSFMMYDRTMQROYDEFRQNLQDYDRQNLJ
Qgd Rtotd f` tgd Rtotd Rurvdy `fr
Omoioeo bflaubtda iy tgd Bopntom
Rurvdy Ydsdorbg Bdltdr wos bfepmdtda
most efltg. Qgns stotdwnad survdy,
wgnbg bfvdrda tgrdd eokfr tfpnbs, goa
sfed rotgdr nltdrdstnlj `nlanljs. Qgd
tfpnbs bfvdrda wdrd Srdsnadlt Fioeo
ola tgd dbflfey8inljf joenlj mdjnsmo-
tnfl8 ola tgd prfpfsda rdefvom f` tgd
somds tox fl jrfbdrnds. Qgdsd ord tgd
eokfr `nlanljs `rfe tgd survdy;
70% wolt tgdnr mdjnsmotfrs tf vftd fr
tgd inljf inmm ommfwnlj o vftd f` tgdpdfpmd, :9% stotd tgdy wnmm vftd tf
opprfvd rdjumotnlj ola toxnlj
joenlj, ola 04% stotd tgot tgdy wnmm
id mdss mnhdmy tf vftd `fr tgd rddmdb-
tnfl f` tgdnr mdjnsmotfrs, n` tgdy vftd
ojonlst ommfwnlj o vftd fl tgd nssud.
01% suppfrt rdefvnlj tgd somds tox
fl jrfbdrnds wntg nlbfed bops.
0:% idmndvd Srdsnadlt Fioeo ns prf-
vnanlj strflj mdoadrsgnp ola afnlj
tgd idst kfi pfssnimd.
07% ord anssotns`nda wntg gfw tgnljs
ord jfnlj lotnflommy ola oifut dvdlmy
anvnada fl gfw tgnljs ord jfnlj nl
tgd stotd.
03% idmndvd Srdsnadlt Fioeo gos
eoad o jffa `ontg d``frt tf wfrh
wntg Ydpuimnbols wgnmd 22% idmndvd
Ydpuimnbols govd eoad o jffa `ontg
d``frt tf wfrh wntg tgd Srdsnadlt.
Pftdrs ord gfpd`um oifut tgddbflfey, idmndvd tgd prfimdes wdrd
nlgdrntda, ola wolt tf `fbus fl tgd
dbflfey jdttnlj idttdr rotgdr tgol
rdaubnlj tgd adit.
Pftdrs fppfsd Jfvdrlfr Ynmdys
rd`usom f` `dadrom rdbfvdry `ulas `fr
uldepmfyedlt.
Pftdrs fvdrwgdmenljmy suppfrt rdju-
motnlj ola toxnlj inljf joenlj ola o
bfepobt wntg tgd Nlanol joenlj
fpdrotnfls.
Qgd pfmm rdsumts nlanbotd irfoa
suppfrt `fr tgd pfsntnfls stotda oifvd
obrfss porty ola adefjropgnb mnlds. N
govd `fula tgns pfmmnlj jrfup tf id vdry
obburotd nl nts survdys.Nt wnmm id nltdrdst-nlj tf sdd gfw tgd dmdbtda f``nbnoms adom
wntg tgd nssuds bfvdrda nl tgd survdy.
Rfurbd;Bopntom Rurvdy Ydsdorbg Bdltdr
EFYDEDANBONA@YOTABORDRRDQ@FYQYNOMNLOMOIOEO
Kuajd Bgormds Srnbd gos sdt o lueidr
f` tgd Omoioeo Edanbona `roua bosds `fr
trnom omm tgd woy nltf 93?? ola tgots vdry
jffa ldws fr Omoioeo bntnzdls.Qgd nrst
tgrdd bfepolnds wnmm id bflsfmnaotda
`fr trnom idjnllnlj fl Kuld 99la.
S@N[DYRDQQMDROMMYD[TMNLBORDR
Ydzumnl wos prdsbrnida tf opprfxn-
eotdmy ?.> enmmnfl Oedrnbol anoidtnbs
id`frd idnlj pummda `rfe tgd eorhdt nl
9333 o`tdr tgd prdsbrnptnfl edanbnld
wos mnlhda tf ot mdost 02 adotgs `rfe
mnvdr `onmurd. Luedrfus mowsunts wdrd
`nmda fl idgom` f` tgfsd wgf anda frsu``drda sdrnfus mnvdr prfimdes `rfe
tohnlj tgns aruj.
S`nzdr Nlb. gos lfw rdsfmvda omm iut
tgrdd f` 24,333 bmones rdmotda tf
Ydzumnl `fr o tftom f` oifut $:43
enmmnfl. S`nzdr, wgnbg ns obqunrnlj rnvom
Zydtg `fr omefst $01 inmmnfl, pona
oifut $433 enmmnfl tf sdttmd Ydzumnl
bosds bflsfmnaotda nl `dadrom bfurt nl
Ldw frh. Qgd bfepoly omsf pona
olftgdr $943 enmmnfl tf rdsfmvd sunts
`nmda nl stotd bfurts.Nl 933?, o Qdxos kury fradrda S`nzdr
tf poy $12 enmmnfl tf o 02-ydor-fma ano-
idtnb wgf su``drda mnvdr aoeojd wgnmd
tohnlj tgd aruj.Qgot bosd wos suisd-
qudltmy sdttmda fr $23 enmmnfl.Nl 9339,
ol Fhmogfeo kury fradrda tgd aruj
eohdr tf poy $??.0 enmmnfl nl aoeojds
tf tgd `oenmy f` o eol wgf anda o`tdr
tohnlj Ydzumnl. Qgot owora motdr wos
upgdma fl oppdom.
Fur `nre rdprdsdltda fvdr 4,333
Ydzumnl vnbtnes ola wd sdttmda omm f`
fur bmndlts bmones nl dormy 9331. Zd
ord pmdosda tf govd iddl oimd tf gdmp
tgfsd bmndlts ola tgdnr `oenmnds rdobg o
rdsfmutnfl f` tgdnr bmones.
Rfurbd; Imffeidrj
FYDJFLRTDRFSSDLGDNEDY@TLARFPDYBFMMDJDROPNLJRSMOLMFRRDR
Frdjfl gos idbfed tgd `nrst stotd tf
tohd mdjom obtnfl ojonlst Fppdlgdnedr-
@ulas, Nlb. fvdr ol dstneotda $2:
NL QGNR NRRTD
N. Bopntfm Fisdrvotnfls . . . . . . . . . . . . 9
NN. Ydbdlt @nmnljs ola Rdttmdedlts . . . . 2Iy tgd @nre
NNN. Mdjnsmotnvd Goppdlnljs . . . . . . . . . . 0
NP. Bfurt Zotbg . . . . . . . . . . . . . . . . . . 0
P. Qgd Lotnflom Rbdld . . . . . . . . . . . . . 7
PN. Qgd Bfrpfrotd Zfrma . . . . . . . . . . . >
PNN. Bfljrdssnflom Tpaotd . . . . . . . . . . ?9
PNNN. Srfaubt Mnoinmnty Tpaotd . . . . . . . . ?1
NW. Eoss Qfrts Tpaotd. . . . . . . . . . . . . ?7
W. Iusnldss Mntnjotnfl . . . . . . . . . . . . 9?
WN. Nlsurolbd ola @nlolbd Tpaotd . . . 9?WNN. Rdburntnds Bosds . . . . . . . . . . . . . . 92
WNNN. Depmfyedlt Mow. . . . . . . . . . . . . . 91
WNP. Srdaotfry Mdlanlj. . . . . . . . . . . . . 90
WP. Srdensds Mnoinmnty Tpaotd . . . . . . . 9:
WPN. Zfrhpmobd Gozoras. . . . . . . . . . . . 9>
WPNN. Qrolspfrtotnfl . . . . . . . . . . . . . . . 23
WPNNN. Orintrotnfl Tpaotd . . . . . . . . . . . . 29
WNW. Lursnlj Gfed Tpaotd. . . . . . . . . . 22
WW. Gdomtgbord Nssuds . . . . . . . . . . . . . 21WWN. Dlvnrfledltom Bflbdrls. . . . . . . . 24
WWNN. Qgd Bflsuedr Bfrldr. . . . . . . . . . 2:
WWNNN. Ydbomms Tpaotd . . . . . . . . . . . . . . . 1?
WWNP. @nre Obtnvntnds . . . . . . . . . . . . . . . . 10
WWP. Rpdbnom Ydbfjlntnfls. . . . . . . . . . . 17
WWPN. Rfed Bmfsnlj Fisdrvotnfls . . . . . . 1>
WWPNN.Rfed Sortnlj Zfras . . . . . . . . . . . 4?
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enmmnfl nl mfssds tf 03,333 Frdjfl `oe-
nmnds wgf nlvdstda nl tgd Frdjfl
Bfmmdjd Rovnljs Smol.Qgd sunt, `nmda fl
Oprnm ?2tg nl ol Frdjfl stotd bfurt, bum-
enlotds o tgrdd-efltg nlvdstnjotnfl f`
bfepmonlts tgot Fppdlgdnedr oiol-
aflda o bflsdrvotnvd ifla `ula nlvdst-
nlj strotdjy nl 933: `fr o rnshndr
pfrt`fmnf tgot nlbmuada brdant ad`oumt
swops ola ftgdr gnjg-rnsh adrnvotnvds.Nts ommdjda nl tgd sunt tgot tgd pmol goa
idbfed o gdajd-`ula mnhd nlvdstedlt
`ula tgot tffh dxtrded rnshs nl o sdorbg
`fr spdbumotnvd morjd jonls.Zgdl `nmnlj
tgd sunt, Kfgl Hrfjdr,Frdjfls Ottfrldy
Jdldrom,fisdrvda;
N tgnlh tgdy wdrd gfpnlj tf jdt
rnshy dqunty-mnhd rdturls nl o
ifla `ula. N` tgdy subbddada, tgdy
mffh mnhd supdrstors, iut ul`frtu-
lotdmy tgd strotdjy ana lft wfrh.
Qgd pmol wos eorhdtda tf pordlts
sdlanlj bgnmardl tf Frdjfl bfmmdjds os
ol umtro-bflsdrvotnvdbfmmdjd pfrt`fmnf
tgot wfuma prftdbt prnlbnpom ola
prfvnad nlbfed.Qgd pmol eoad rfutnld
ifla `ula rdturls ultnm 9337,wgdl tgd
Bfrd Ifla @ula mfst ldormy 20% f` nts
vomud dvdl tgfujg tgd idlbgeorh
nladx nt wos dxpdbtda tf usd `fr nlvdst-
edlt adbnsnfls wos up iy 4%.Qgd `ula
mfst ol oaantnflom ?3% nl tgd `nrstquortdr f` 933>, obbfranlj tf tgd Ottfr-
ldy Jdldrom. Qgd pmol nlbmuada rnshy
brdant ad`oumt swops ola ftgdr adrnvo-
tnvds os port f` o mflj-tdre nlvdstedlt
pmol.Qgd `ula wos oavdrtnsda os prd-
sdrvnlj bopntom `fr tgfsd bmfsd tf
sdlanlj bgnmardl tf bfmmdjd nl o sgfrt
lueidr f` ydors ola nt wos lft
nltdlada os o mflj-tdre strotdjy. Qgd
Rtotd Qrdosurdr rdpmobda tgd Bfrd Ifla
@ula eolojda iy Fppdlgdnedr wntg o
an``drdlt `ula fl Eorbg 9:tg
.Qgd suntommdjds ldjmnjdlbd ola irdobgds f` bfl-
trobt ola `naubnory autnds.Os dxpdbtda,
Fppdlgdnedr adlnds oly mnoinmnty nl
tgns eottdr.
Rfurbd; Mow.bfe
NN.
YDBDLQ @NMNLJR
OLA
RDQQMDEDLQR
I^ QGD @NYE
RDQQMDEDLQF@@FYADWSMFYDYOLA
@NYDRQFLDQNYDBORD
Os efst Oedrnbols hlfw, @fra ola
@nrdstfld wdrd nlvfmvda nl tgd wfrmas
morjdst tnrd rdbomm nl gnstfry o `dw ydors
iobh. @nrdstfld prfaubda o spdbnom
adsnjlda ?4-nlbg OQW tnrd nl ?>>3
wgnbg wdrd nlstommda iy @fra fl
Dxpmfrdrs os frnjnlom dqunpedlt.Qrojn-
bommy, tgd @nrdstfld tnrds wdrd ad`dbtnvd
ola tgd Dxpmfrdr wos prfld tf rfmmfvdr.
Fivnfusmy, tgot wos o vdry ioa eorrnojd
ola fld tgot rdsumtda nl ol ultfmalueidr f` botostrfpgnb nlkurnds ola
adotgs. Tl`frtulotdmy, tgd @fra ola @nrd-
stfld sojo bfltnluds.
Zd govd golamda o lueidr f` bosds
fvdr tgd post sdvdrom ydors ornsnlj fut
f` @nrdstfld tnrd adtrdoas ola Dxpmfrdr
rfmmfvdrs.Efst rdbdltmy, fur nre sdttmda
o bosd fl idgom` f` Ers. Dtgdmdld
Iomawnl, o Efltjfedry rdsnadlt,wgf
goa iddl nlvfmvda nl o @fra rfmmfvdr nl
933:.Ers.Iomawnl wos o `rflt sdot pos-
sdljdr nl o ?>>0 @fra Dxpmfrdr. Rgd olaftgdr `oenmy edeidrs wdrd trovdmnlj tf
Inrenljgoe fl N-04 wgdl tgd md`t rdor
tnrd adtrdoada ola tgd Dxpmfrdr rfmmda
fvdr. Ers. Iomawnl, wgf wos prfpdrmy
rdstronlda nl gdr sdot idmt, wos portnommy
dkdbtda `rfe tgd vdgnbmd aurnlj tgd
rfmmfvdr ola wos sdvdrdmy nlkurda. Dvdl
tgfujg tgd arnvdr wos trovdmnlj ot
gnjgwoy spddas, opprfxneotdmy :3
enmds pdr gfur, gd wos uloimd tf
bfltrfm tgd vdgnbmd wgdl tgd tnrd
adtrdoada.
Qgd tnrd adtrdoada idbousd f` ad`dbts
hlfwl iftg tf @fra ola @nrdstfld. Nt
wos frnjnlommy o spord tnrd fl tgns
Dxpmfrdr. Aud tf o rdbomm, `fur f` tgd
frnjnlom @nrdstfld tnrds wdrd tohdl f``
tgd Dxpmfrdr, iut tgd spord rdeonlda nl
tgd vdgnbmd. Dvdltuommy tgd spord wos
put fl tgd md`t rdor f` tgd Dxpmfrdr ola
nt wos nlvfmvda nl tgns rfmmfvdr.
Iftg @fra ola @nrdstfld hldw omm
oifut tgd ad`dbtnvd tnrds sdvdrom ydors
id`frd tgot `nrst tnrd rdbomm tffh pmobd nl
tgd Tlntda Rtotds. Nl `obt, sdvdrom ydors
prnfr tf tgd `nrst rdbomm, @fra nepmd-
edltda o sdrnds f` sdbrdt rdbomms nl
Pdldzudmo. @fra rdbfjlnzda tgd
prfimde tgdrd ola dvdltuommy rdedanda
tgd prfimde iy eohnlj tgd sgfbh
oisfridrs fl tgd Dxpmfrdr eubgstrfljdr. Zd hldw `rfe golamnlj o
lueidr f` prnfr bosds, nlbmuanlj
sdvdrom ornsnlj nl Pdldzudmo, tgot tgd
rdeday wos tf rdpmobd tgd sgfbhs wntg
stn``dr ola strfljdr flds ola tf pmobd
tgde `urtgdr futifora. Qgd soed `nx
wos rdbfeedlada iy @fra dljnlddrs
`fr tgd T.R. eorhdt, iut nt woslt afld.
Nl `obt, LGQRO wos lft dvdl nl`freda
oifut omm f` tgd adtrdoa ola rfmmfvdr
prfimdes nl Pdldzudmo ola sdvdrom
ftgdr `frdnjl bfultrnds.
@nrdstfld `nrst rdbommda tgd ad`dbtnvd
tnrds nl tgd Tlntda Rtotds nl Oujust f`
9333. O rdbomm lftnbd wos sdlt fut ot
tgot tned iy `nrst bmoss eonm. Fvdr tgd
ldxt `dw ydors, @fra ola @nrdstfld
boed tf rdomnzd tgot enmmnfls f` rdbommda
tnrds wdrd stnmm fl tgd rfoa ola nl usd.
Ruisdqudltmy,o sdbfla rdbomm wos afld
nl 9330. Rnjln`nboltmy, @nrdstfld sdlt fut
tgd sdbfla rdbomm lftnbd iy tgnra bmoss
eonm ola wntgfut o rdpmy bora.Os yfueoy hlfw, tgnra bmoss eonm ns lft `fr-
worada n` tgd oaardssdds oaardss gos
bgoljda. Omsf, tgd lftnbd ns lft
rdturlda tf tgd sdladr n` nt ns lft admnv-
drda.O trdedlafus lueidr f` fwldrs
ldvdr jft o rdbomm lftnbd, rdsumtnlj nl
enmmnfls f` ad`dbtnvd tnrds rdeonlnlj fl
T.R.gnjgwoys.
Ldntgdr fur bmndlt lfr tgd usda bor
mft tgot sfma tgd Dxpmfrdr rdbdnvda oly
rdbomm lftnbd `rfe dntgdr @fra fr @nrd-
stfld. O prnfr fwldr f` tgns Dxpmfrdrrdbdnvda o rdbomm lftnbd ola,os o rdsumt,
tgd `fur @nrdstfld tnrds tgot wdrd fl
tgd jrfula wdrd rdpmobda. Iut tgd
spord rdeonlda wntg tgd vdgnbmd.
Qgd Ad`dlaolts nl tgd bosd, wgnbg
wos sdt `fr trnom fl Oprnm 93tg nl Eflt-
jfedry Bfulty, wdrd @fra Eftfr Bf.,
Irnajdstfld/@nrdstfld Lfrtg Oedrnbol
Qnrd MMB. Zd wdrd oimd tf sdttmd tgd
bosd wntg omm Ad`dlaolts fl tgd Qgurs-
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aoy prnfr tf tgd trnom aotd.Qgd oefult
f` tgd sdttmdedlt `rfe dobg Ad`dlaolt
ns bfl`nadltnom.
Aurnlj fur nlvdstnjotnfl f` tgd
Iomawnl bosd,wd `fula tgot @nrdstfld
tnrds tgot goa iddl spords wdrd stnmm fl
@fra Dxpmfrdrs.Qrojnbommy, `otomntnds ola
sdrnfus nlkurnds wnmm bfltnlud ultnm subg
tned os @fra ola @nrdstfld mfbotd ola
adstrfy omm f` tgd rdbommda tnrds tgot ordstnmm nl sdrvnbd.
MoIorrfl Iffld, Jrdj Ommdl, ola N
golamda tgns bosd `fr Ers.Iomawnl.Zd
hlfw omm tgot tgns moay gos iddl tgrfujg
ola wgot tgd `uturd gfmas `fr gdr
idbousd f` gdr nlkurnds ola ansoinmnty.Zd
ord efst pmdosda tf govd rdobgda o sdt-
tmdedlt nl gdr bosd tgot wnmm eohd tgd
`uturd eubg idttdr `fr gdr.
RDQQMDEDLQF@YFF@BYTRGBORD
Fur `nre sdttmda o bosd rdbdltmy tgot
wos pdlanlj ojonlst Jdldrom Eftfrs fl
idgom` f` fur bmndlt wgf mfst gns wn`d
wgdl tgd 933? Bgdvrfmdt R-?3 Imozdr nl
wgnbg tgdy wdrd trovdmnlj rfmmda fvdr.
Borm Goeefla wos arnvnlj tgd Imozdr,
gns wn`d Qgdrdso wos rnanlj nl tgd `rflt
possdljdr sdot ola tgdnr twf ifys wdrd
nl tgd iobh sdot. Omm f` tgde wdrd
wdornlj tgdnr sdot idmts.Zgnmd trovdmnlj
fl T.R. Gnjgwoy 12?, kust futsnad f`Gultsvnmmd,ot o spdda f` opprfxneotdmy
14 epg, tgd vdgnbmd strubh wotdr,
gyarfpmolda ola rfmmda fvdr nl tgd
rfoawoy. Aurnlj tgd rfmmfvdr, tgd rff`
suistoltnommy brusgda afwlwora ola
nlwora fvdr tgd `rflt possdljdr ordo,
bfeprfensnlj tgd vdgnbmds survnvom ola
tgd pdr`freolbd f` Qgdrdsos sdot idmt.
Os o rdsumt f` tgd rff` brusg ola sdot
idmt `onmurd, Qgdrdso wos portnommy
dkdbtda fut f` tgd vdgnbmd, bousnlj
sdvdrd nlkurnds wgnbg mda tf gdr adotg.Fur bmndlt ola gns sfls womhda owoy
`rfe tgd obbnadlt wntg vnrtuommy lf
nlkurnds. Nt wos bmdormy o survnvoimd
dvdlt iut `fr tgd rff` brusg. Iut, tgdy
wnmm frdvdr govd tf mnvd wntg tgd mfss f`
o wn`d ola eftgdr idbousd f` tgd
adsnjl adbnsnfls JE eoad wgnbg
njlfrda rfmmfvdr so`dty.
Nl o rfmmfvdr obbnadlt, n` ol fbbupolt
stoys nl tgd vdgnbmd ola tgd vdgnbmds
survnvom spobd ns lft bfeprfensda,tgot
pdrsfl sgfuma survnvd tgd obbnadlt.
Qgd rff` ns port f` tgd strubturom
suppfrt f` o vdgnbmd ola gdmps `fre
port f` tgd survnvom spobd nl o vdgnbmd
nl tgd dvdlt f` o brosg.N` o rff` brusgds
suistoltnommy aurnlj ol obbnadlt, nt
nltruads nltf tgd fbbupolts survnvom
spobd, tgus, dxpfsnlj fbbupolts tfsdrnfus ola otom nlkurnds.
Qgdrd ord ol dstneotda snx enmmnfl
Imozdrs, nlbmuanlj pnbhup trubhs,fl tgd
rfoa tfaoy. Rtuands govd sgfwl tgot
RTPs ord twf ola o gom` tneds efrd
mnhdmy tf rfmm fvdr tgol possdljdr bors.
Nl o rdbdlt rdpfrt iy tgd Nlsurolbd
Nlstntutd `fr Gnjgwoy Ro`dty, nt rolhda
tgd Imozdr oeflj tgd mdost-so`d RTPs fl
tgd rfoa.
JE gos hlfwl `fr eoly ydors tgot
nts rff`s ord tff wdoh.Qgd bfepolys
fwl nltdrlom so`dty junadmnld `fr nts tdst
arnvdrs rdvdom tgot JE hldw omm oifut
tgd aoljdr f` nts wdoh rff`s. JEs
so`dty junadmnlds rdqunrd tgot nts tdst
arnvdrs usd o gdmedt ola sdot idmt fr o
arnvnlj eolduvdr os snepmd os mold
bgoljds `rfe zdrf tf 44 epg n` nts
stotnb stoinmnty `obtfr (RR@) ns mdss tgol
?.?3. Qgns junadmnld nlbmuads tgd
pfpumor Imozdr ola Kneey vdgnbmds.
@urtgdr, JEs Ro`dty Junadmnlds rdqunrdtgd nlstommotnfl f` o rfmm ior fr rfmm bojd
nl tgd soed vdgnbmds uladr tgdsd soed
snepmd arnvnlj eolduvdrs nl fradr tf
prftdbt tgd fbbupolts `rfe rff` brusg.
JE bfltnluds tf adly tgot rff`
brusg bousds nlkurnds. dt, nt puts rfmm
bojds fl nts trubhs `fr nts fwl depmfy-
dds tf prftdbt tgde `rfe rff` brusg.
Qgd soa rdomnty ns tgot, `fr 29 ydors,JE
gos hlfwl tgot nts rff`s fl nts vdgnbmds
wdrd wdoh ola lft bopoimd f` wntg-
stolanlj `frbds nl rdom wfrma rfmmfvdrobbnadlts. Iut, aurnlj tgfsd 29 ydors,
nlstdoa f` strdljtgdlnlj nts rff`s tf
prdvdlt adotgs ola sdrnfus nlkurnds,JE
gos bfltnluda tf adbdnvd tgd `dadrom
jfvdrledlt ola tgd eftfrnlj puimnb
iy bmonenlj tgot rff` brusg afds lft
eottdr.JEs `onmurd tf iunma nts vdgnbmds
wntg strflj rff`s bfltnluds tf trojn-
bommy tohd tgd mnvds f` pdfpmd mnhd fur
bmndlts wn`d ola ftgdrs.Qgd Goeefla
bosd wos pdlanlj nl Eoansfl Bfulty ot
tgd tned f` sdttmdedlt.Qgd oefult f`
tgd sdttmdedlt ns bfl`nadltnom ot JEs
rdqudst. Ynbh Efrrnsfl `rfe fur `nre
golamda tgns bosd `fr tgd Goeefla
`oenmy ola ana o vdry jffa kfi `fr
tgde.
YGNLFMOZRTNQ@NMDANLJDFYJNO
Fur `nre bfltnluds tf pursud bmones
ojonlst oeogo `fr nlkurnds rdsumtnlj nl
ad`dbts rdmotda tf tgd Ygnlf. Os ans-
bussda nl prdvnfus nssuds f` tgd Ydpfrt,
tgd ^oeogo Ygnlf ns o adoamy vdgnbmd
tgot fvdrturls uladr vdry `frdsddoimd
fpdrotnlj bflantnfls. Fld f` tgd
oeogo bfrpfrotnfls fpdrotds fut f`
Jwnlldtt Bfulty, Jdfrjno. Gulardas
f` pdfpmd govd iddl nlkurda fr hnmmda
iy tgd oeogo Ygnlf. Eoly f` tgfsdgovd bgfsdl tf `nmd tgdnr bosds nl Jwnl-
ldtt Bfulty, Jdfrjno.Qgus `or opprfxn-
eotdmy :3 bosds govd iddl `nmda tgdrd.
Zd govd `nmda ola bfltnlud tf `nmd bosds
nl tgot bfurt ola nl ftgdr vdluds fl
idgom` f` tgfsd nlkurda ola hnmmda iy
tgd Ygnlf. Bgrns Jmfvdr, Bfmd Sfrtns
ola N wnmm id golamnlj tgdsd bosds `fr
tgd `nre.
SYFATBQMNOINMNQ^MOZRTNQ@NMDAOJONLRQO QYDDRQOLAEOLT@OBQTYDY
Fur `nre rdbdltmy `nmda o prfaubt mno-
inmnty mowsunt ojonlst tgd eolu`obturdr
f` o trdd stola. Nl tgns bosd, wd rdprd-
sdlt o yfulj eol `rfe Lfrtg Borfmnlo
wgf su``drda sdvdrd iobh nlkurnds
wgdl tgd rotbgdt strop fl tgd trdd
stola irfhd bousnlj tgd trdd stola ola
tgns yfulj eol tf `omm `rfe tgd trdd tf
tgd jrfula.Qgd gultnlj trdd stola wos
purbgosda `rfe Zom-Eort.Qrojnbommy, tgnsportnbumor trdd stola wos suikdbt tf o
rdbomm idbousd f` tgd ad`dbtnvd strop.
Gfwdvdr, nt wos stnmm idnlj sfma ot tgd
tned f` tgd obbnadlt.
Zgdl rdvndwnlj ola nlvdstnjotnlj
tgd bmone fl idgom` f` fur bmndlt, wd
nadltn`nda ftgdr mowsunts wgdrd tgd
eolu`obturdr f` tgd trdd stola wos
suda `fmmfwnlj o `onmurd nadltnbom tf fur
bmndlts `omm. Fld f` tgfsd nlbnadlts
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8/9/2019 The Jere Beasley Report, May 2009
5/52
www.KdrdIdosmdyYdpfrt.bfe 4
fbburrda nl Omoioeo.Qgrfujg tgot mntn-
jotnfl wd ansbfvdrda tgd strops `fr tgd
trdd stola wdrd eoad iy o Bgnldsd
eolu obturdr. Qgd strops wdrd lft
prfpdrmy tdstda ola tgns `onmurd tf tdst
efst mnhdmy bfltrniutda tf tgd trdd
stola `onmurds.
Qgd bfepoly `nmda iolhruptby, iut
gos snlbd dedrjda `rfe nt ola ns stnmm nl
tgd iusnldss f` eolu`obturnlj olasdmmnlj trdd stolas. Fur bmndlt usda tf
id o irnbh eosfl,iut os o rdsumt f` gns
nlkurnds gd bol lf mfljdr wfrh. Fur
bmndlt ns eorrnda ola gos bgnmardl. Gns
mn`d gos iddl `frdvdr bgoljda idbousd
f` bfrpfrotd nrrdspflsninmnty. Hdlaomm
Aulsfl `rfe fur `nre wnmm id tgd mdoa
mowydr nl tgns bosd.
OLFQGDYZFYHSMOBDNLKTY^YDRTMQRNL
OSYFATBQMNOINMNQ^RTNQ
Dobg ydor tgfusolas f` wfrhdrs ord
nlkurda fr hnmmda ot tgdnr wfrh pmobd.
Omtgfujg o stotds wfrhdrs bfepdlso-
tnfl systde pmobds mnentotnfls fl tgd
oinmnty f` depmfydds tf gfma depmfydrs
obbfultoimd `fr tgdsd wfrh-rdmotda
nlkurnds, eoly pdfpmd af lft rdomnzd
tgot tgdrd eoy id olftgdr ovonmoimd
sfurbd f` rdbfvdry. Nlkurnds nl tgd wfrh
pmobd ord f`tdl bousda iy ad`dbtnvd
prfaubts. N` o prfaubt bousds ol fl-tgd-kfi nlkury, o prfaubt mnoinmnty sunt eoy
id irfujgt ojonlst tgd prfaubts eolu-
`obturdr. Tl frtulotdmy, botostrfpgnb
nlkurnds, adotgs, ola oeputotnfls bfe-
eflmy fbbur `rfe ad`dbtnvd prfaubts
`fula nl tgd wfrh pmobd.
Lf bmdordr dxoepmd f` tgd trojnb bfl-
sdqudlbds f` o ad`dbtnvd prfaubt nl tgd
wfrh pmobd bol id fula tgol nl fld f`
fur burrdlt bosds.Zd rdprdsdlt o gora-
wfrhnlj imud bfmmor eol wgf wos
sdvdrdmy iurlda os o rdsumt f` o ad`db-tnvd prfaubt.Fur bmndlt wos wfrhnlj nl
o eolu`obturnlj pmolt nl Hdltubhy.Qgd
pmolt gos o trfmmdy systde tgot borrnds
gft efmtdl omuenlue nl moamds obrfss
tgd bdnmnlj. Qgdsd trfmmdys borry tgd
moamds fvdr tgd gdoas f` tgd depmfydds
wfrhnlj idmfw tgd systde fl tgd `mffr
f` tgd pmolt. Nl tgns portnbumor bosd, fld
f` tgd iobh wnrd rfpds ottobgda tf tgd
trfmmdy irfhd, bousnlj o moamd `umm f` tgd
efmtdl omuenlue tf spnmm fl tgd `mffr.
Qgd omuenlue njlntda gyaroumnb `muna
fl tgd `mffr brdotnlj o `mosg `nrd. Fur
bmndlt wos ul`frtulotdmy womhnlj uladr
tgd moamd ot tgd tned tgd nlbnadlt
fbburrda ola wos sdvdrdmy iurlda os o
rdsumt f` tgd `mosg `nrd. Fur bmndlt sus-
tonlda sdrnfus iurls tf gns ifay.Gns edanbom inmms ord opprfobgnlj
$:43,333.33.Idbousd f` gns nlkurnds, gd
wnmm lft id oimd tf wfrh `fr tgd rdst f`
gns mn`d. Lft flmy wos gns mn`d bgoljda
`frdvdr, iut gns wn`ds mn`d gos omsf
bgoljda. Rgd ns lfw gdr gusiolas
prneory bordtohdr os gd bollft
pdr`fre dvdryaoy mn`d obtnvntnds wntgfut
ossnstolbd.
Dvdl tgfujg tgd rfpd wos spdbn`n-
bommy eolu`obturda `fr tgns typd f`
trfmmdy systde, tgd rfpd wos ad`dbtnvdmy
adsnjlda idbousd nt wos lft strflj
dlfujg tf gfma tgd systde wgdl tgd
trfmmdys moamd wos `umm f` gft efmtdl
omuenlue.Qgrfujg ansbfvdry, wd wnmm
mdorl tgd dxtdlt, n` oly, f` tdstnlj tgd
eolu`obturdrs ana fl tgd rfpd.Rpdbn`n-
bommy, wos tdstnlj pdr`freda iy tgd
eolu`obturdr uladr snenmor bflantnfls
ola nl o snenmor dlvnrfledlt os tgd
bflantnfls ola dlvnrfledlt `fula ot
tgd pmolt6 Hdlaomm Aulsfl ns mdoa ottfr-ldy fl tgns bosd. N` yfu ldda
oaantnflom nl`freotnfl fl wfrh-pmobd
nlkury mntnjotnfl yfu bol bfltobt
Hdlaomm ot 733-7>7-9321 fr Hdlaomm.
AulsflCidosmdyommdl.bfe.
ZYFLJ@TMADOQGRTNQ@NMDA@FYNMMDJOMROMDRF@OMBFGFM QFENLFYR
Fur `nre rdprdsdlts tgd pordlts f` o
?>-ydor-fma ify wgf wos trojnbommy
hnmmda nl ol outfefinmd obbnadlt. Nt wosansbfvdrda tgot, fl tgd lnjgt f` tgd
obbnadlt, tgd Ad`dlaolts sfma iddr tf
tgns tddlojdr fl twf sdporotd fbbo-
snfls.Qgd ombfgfm somds wdrd rdbfrada
iy vnadf survdnmmolbd topds.Qgd topds
bfl`nreda tgot tgd bmdrh `fr tgd bfl-
vdlndlbd stfrd ldvdr rdqudstda oly
nadltn`nbotnfl `rfe tgd enlfr.
Nl tgd dormy ?>33s, tgd Omoioeo Mdjns-
moturd rdbfjlnzda tgd aoljdrs ossfbn-
otda wntg tgd sdmmnlj f` ombfgfm tf
enlfrs ola sow tgd urjdlt ldda tf
prftdbt bgnmardl `rfe tgdnr fwl neeo-
turnty os nt rdmotds tf tgd arnlhnlj f`
ombfgfm. Rf tgd ?>3: Mdjnsmoturd possda
o stotutd prfgnintnlj tgd `urlnsgnlj f`
mnqufr tf enlfrs.Qgns mdjnsmotnfl dvdl-
tuommy dvfmvda nltf Omo. Bfad 0-4-:3(?>:4). Qgns bfad sdbtnfl gos iddl
oedlada fvdr tgd ydors, iut nl
dssdlbd, nt stnmm eohds nt ulmow`um tf sdmm
fr `urlnsg spnrntufus mnqufr tf o enlfr.
Zgot eohds fur bosd portnbumormy trojnb
ns, nl tgd efltgs mdoanlj up tf tgns
yfulj eols adotg, tgd pordlts f` tgns
bgnma rdpdotdamy bfltobtda tgd Ad`dl-
aolts stfrd nl`frenlj tgde tgot tgdnr
sfl wos o enlfr.Qgdy mntdrommy idjjda
tgde lft tf sdmm oly ombfgfmnb idvdr-
ojds tf gne. Qgd bflvdlndlbd stfrds
bflaubt nl tgns bosd ns oigfrrdlt.
Nl 933:,ol dstneotda ?9,>>7 pdfpmd
anda nl arulh arnvnlj rdmotda brosgds.
Eoly f` tgfsd wgf anda wdrd enlfrs.
Qgd bfepolys bflaubt nl tgns bosd
rdprdsdlts tgd dpntfed f` nrrdspflsninm-
nty ola o bfepmdtd ansrdjora `fr tgd
mows f` tgd Rtotd f` Omoioeo ola tgd
so`dty f` enlfrs. Enhd Brfw `rfe fur
`nre wnmm id tgd mdoa mowydr nl tgns bosd.
NNN.
MDJNRMOQNPD
GOSSDLNLJR
OMOIOEOMDJNRMOQTYDNREFPNLJNLQFQGDGFEDRQYDQBG
Iy tgd tned tgns nssud ns rdbdnvda tgd
Omoioeo Mdjnsmoturd wnmm govd mdss
tgol tdl mdjnsmotnvd aoys md`t nl tgdYdjumor Rdssnfl. Fivnfusmy, tgdrd ns o
jrdot adom f` wfrh tf id afld wntg o
rdmotnvdmy sgfrt tned tf af wgot lddas
tf id afld. Qgdrd ord sfed tfujg
nssuds md`t tf id adomt wntg. Os yfu
prfioimy hlfw, tgd stotd iuajdts wdrd
sovda `rfe `nsbom ansostdr idbousd f`
tgd stneumus efldy rdbdnvda `rfe tgd
`dadrom jfvdrledlt. Zntgfut tgot
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8/9/2019 The Jere Beasley Report, May 2009
6/520 www.IdosmdyOmmdl.bfe
efldy stotd sdrvnbds ola puimnb dau-
botnfl ot dvdry mdvdm wfuma govd iddl
nl kdfporay ola tgd stotd nl o rdom
`nsbom edss. Nt wfuma govd iddl
oisfmutdmy nepfssnimd tf poss iuajdts
wntgfut sdvdrd buts nl dssdltnom sdrv-
nbds n` tgdrd goa iddl lf stneumus
`ulas. Lfifay bol ansputd tgd `obt
tgot tgd stneumus efldy sovda tgd aoy
`fr Omoioeo bntnzdls.Dvdltuommy o Jfvdrlfr ola Mdjnsmo-
turd, obtnlj nl bflbdrt, nl o inportnsol
eolldr, wnmm govd tf adom wntg tgd
`nsbom prfimdes tgot govd iddl vnrtu-
ommy njlfrda tf o vdry morjd adjrdd
fvdr tgd post 94 ydors. @fr ydors, wd
govd sddl iuajdts possda wntg
potbgds ola sgfrt-tdre `nxds, iut
wntg lf rdom pdreoldlt `nxds. Qgd
ldxt Jfvdrlfr wnmm govd gns fr gdr
golas `umm ola wnmm govd tf eohd
sfed tfujg adbnsnfls ot o vdry dormy
aotd nl 93??.
OMOIOEORQNMMLDDARO LDZBFLRQNQTQNFL
Zgnmd tgdrd ns stnmm tned fr possojd, nt
afdslt oppdor fur stotd wnmm id jdttnlj
o ldw bflstntutnfl nl tgd needanotd
`uturd.Tlmdss tgnljs pnbh up vdry sffl
Gfusd Kfnlt Ydsfmutnfl >? ola Rdlotd
Kfnlt Ydsfmutnfl 93 wflt poss aurnljtgd burrdlt sdssnfl. Flmy o jrdot adom f`
puimnb suppfrt `rfe orfula tgd stotd,
possda fl tf tgd Mdjnsmotfrs, bol eohd
tgd an``drdlbd. N` dlfujg pdfpmd rfe
orfula tgd stotd mdt tgdnr Gfusd ola
Rdlotd edeidrs hlfw tgot tgdy
suppfrt o ldw bflstntutnfl tgd rdsfmu-
tnfl wnmm govd o bgolbd tf poss. Qgot
wfuma mnjgt o `nrd nl tgd Gfusd ola
Rdlotd fl tgns nssud. Iut tned eoy govd
omrdoay rul fut `fr tgns sdssnfl.
Os o eottdr f` `obt, tgd Kfnlt Ydsfmu-tnfl wnmm ommfw tgd pdfpmd f` Omoioeo
tf vftd `fr o Bflstntutnfl Bflvdltnfl
tf rdwrntd tgd ?>3? Omoioeo Bflstntu-
tnfl.Qgd rdsfmutnfl wos nltrfaubda nl
iftg tgd Gfusd ola Rdlotd iy Rpdohdr
Srf Qde Adedtrnus Ldwtfl nl tgd
Gfusd (GKY >?) ola iy Rdlotfr Qda
Mnttmd nl tgd Rdlotd (RKY 93). Dobg Ydsf-
mutnflulmnhd o inmmwos sdlt tf tgd
Yumds Bfeenttdd nl tgd rdspdbtnvd
bgoeidrs. Fld f` tgde wnmm govd tf
bfed fut f` bfeenttdd vdry sffl n`
tgdrd ns tf id oly bgolbd `fr possojd
aurnlj tgd sdssnfl.
Os yfu eoy hlfw, tgd Kfnlt Ydsfmu-
tnfls ord tgd soed os tgd inmms tgot govd
iddl f``drda iy tgd spflsfrs `fr tgd
post tgrdd ydors.Qgd flmy an``drdlbd ns
tgot o rdsfmutnfl afdslt rdqunrdopprfvom iy tgd Jfvdrlfr. Eoly Mdjnsmo-
tfrs sdd tgd nepfrtolbd f` efvnlj
`frwora fl tgns nssud ola `ovfr tgd bfl-
vdltnfl opprfobg. Zgnmd tgd burrdlt
rdsfmutnfls govd 90 bf-snjldrs nl tgd
Gfusd ola ?4 nl tgd Rdlotd, tgdrd ord
sfed pfwdr`um spdbnom nltdrdsts ot wfrh
fppfsnlj o ldw Bflstntutnfl.Qgdy mnhd
tgd fma fld idbousd nt gdmps tgde
bfltrfm jfvdrledlt ot dvdry mdvdm.
N` yfu idmndvd wd ldda o ldw bflstn-
tutnfl ola omsf trust tgd pdfpmd f`
Omoioeo tf eohd fur fwl adbnsnfls,
bomm yfur Mdjnsmotfrs ola mdt tgde
hlfw yfu wolt tgde tf vftd `fr tgd
rdsfmutnfls.Osh tgde tf ommfw yfu ola
yfur `dmmfw Omoioenols tf vftd fl
wgdtgdr tf bomm o Bflstntutnflom Bfl-
vdltnfl.Nl ey fpnlnfl,o ldw bflstntu-
tnfl ns ioamy lddada ola ns nepfrtolt
tf fur stotds `uturd.
OMOIOEOR@NYRQIMOBHMOZEOHDYRGFLFYDA
Jfvdrlfr Ifi Ynmdy gos snjlda o rds-
fmutnfl gflfrnlj tgd stotds `nrst imobh
moweohdrs.Qgd rdsfmutnfl, spflsfrda
iy Ydp.Omvnl Gfmeds f` Efltjfedry,
soys imobh Omoioeo rdsnadlts pmoyda ol
nltdjrom port nl tgd Mdjnsmoturd `rfe
?707 tf ?7:7.Qgdrd wdrd 22 imobh mow-
eohdrs nl tgd Mdjnsmoturd ot tgd gdnjgt
f` Ydbflstrubtnfl nl ?7:1.Qgd Jfvdr-
lfr snjlda tgd rdsfmutnfl fl Oprnm :tg nltgd Fma Gfusd Bgoeidr.Qgd loeds f`
tgd imobh Mdjnsmotfrs wnmm id pmobda fl
pmoquds tgot wnmm id anspmoyda nl tgd
rftulao, fl tgd jrfulas futsnad tgd
Bopntfm ola nlsnad tgd dltrolbd tf tgd
Omoioeo Rtotdgfusd. Nl ey fpnlnfl, tgns
ns o jffa tgnlj ola mflj fvdraud. @dw
Omoioenols hlfw dvdry eubg oifut
tgd rfmd pmoyda iy tgdsd imobh Mdjnsmo-
tfrs nl fur stotds gnstfry.
Rfurbd; Ossfbnotda Srdss
NP.
BFTYQ ZOQBG
SGNMNSEFYYNRZNMM@NLOMM^GOPDQFSO NLFYDJFL
Qgd T.R. Ruprded Bfurt gos ans-
enssda Sgnmnp Efrrns TROs oppdom f` o
$:>.4 enmmnfl kury owora tf o sefhdrs
wnafw. Gfpd`ummy, tgns wnmm dla tgd tdl-
ydor `njgt nl tgd bfurts. Nl o fld-sdl-
tdlbd fradr, tgd bfurt md`t nl pmobd o
rumnlj iy tgd Frdjfl Ruprded Bfurt nl
`ovfr f` Eoyfmo Znmmnoes. Ydpdotdamy
tgd Frdjfl bfurt,fl luedrfus fppfr-
tulntnds, upgdma o vdranbt ojonlst tgd
Omtrno Jrfup Nlb. ulnt nl o `roua trnom
tgot tffh pmobd woy iobh nl ?>>>.
Qgd kuajedlt gos jrfwl tf kust
oifut $?43 Enmmnfl nlbmuanlj obbruda
nltdrdst.Qgd kustnbds gdora orjuedlts
nl tgd bosd nl Adbdeidr. Sgnmnp Efrrns
goa orjuda tgot tgd owora sgfuma id
tgrfwl fut ola o ldw trnom fradrda
idbousd f` `mows nl tgd nlstrubtnfls
jnvdl kurfrs id`frd tgdnr admnidrotnfls.
Iusnldss nltdrdsts woltda tgd gnjg
bfurt tf usd tgd bosd tf sdt `nre mnents
fl tgd owora f` pulntnvd aoeojds.Qgd
bosd gos iddl nl tgd oppdmmotd bfurts
`fr tdl ydors ola nts lfw fvdr.Qgd kury
goa `fula tgot Sgnmnp Efrrns sgfuma id
gdma obbfultoimd `fr ensmdoanlj pdfpmd
nltf tgnlhnlj bnjordttds wdrdlt aoljdr-
fus fr oaanbtnvd.
Es. Znmmnoes gusiola, Kdssd, wos o
kolntfr nl Sfrtmola wgf stortda
sefhnlj wgnmd gd wos nl tgd Orey nl
tgd ?>43s.Er.Znmmnoes anda nl ?>>:,snx
efltgs o`tdr gd wos anojlfsda wntgmulj bolbdr. Ot trnom, tgd wnafw wos
oworada $733,333 nl obtuom aoeojds.
Qgd pulntnvd aoeojds ord oifut >:
tneds jrdotdr.O stotd bfurt prdvnfusmy
but tgd bfepdlsotfry owora tf
$49?,333. Rnxty pdrbdlt f` tgd owora
wnmm lfw jf tf ol Frdjfl brned-
vnbtnes ula.
Qgd Frdjfl gnjg bfurt eoad nts `nrst
adbnsnfl nl 9339, rd`usnlj tf gdor ol
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8/9/2019 The Jere Beasley Report, May 2009
7/52
oppdom `rfe Sgnmnp Efrrns.Qgdl tgd T.R.
Ruprded Bfurt rdkdbtda tgd kuajedlt
f` ldormy $73 enmmnfl, soynlj nl olftgdr
bosd tgot aoeojds jdldrommy sgfuma id
gdma tf lf efrd tgol lnld tneds obtuom
dbflfenb aoeojds. Nt adbmnlda,
gfwdvdr, tf eohd tgot o `nre rumd.Ldxt,
tgd Frdjfl Ruprded Bfurt upgdma tgd
pulntnvd aoeojds,bntnlj dxtrofranlornmy
rdprdgdlsnimdbflaubt iy Sgnmnp Efrrnsf``nbnoms.Qgd T.R. Ruprded Bfurt tgdl
tffh o sdbfla mffh ot tgd bosd. Nl 933:,
tgd bfurt sona, nl o 4-1 adbnsnfl, tgot
kurfrs eoy pulnsg o Ad`dlaolt flmy `fr
gore afld tf sfedfld wgf ns sunlj,
lft ftgdr sefhdrs wgf bfuma eohd
snenmor bmones.
Qgd stotd bfurt wos tfma tf rdbfl-
snadr tgd owora nl tgd bfltdxt f`
nlstrubtnfls `fr tgd trnom kury tgot Sgnmnp
Efrrns prfpfsda, iut wgnbg wdrd
rdkdbtda iy tgd trnom kuajd. Nl Koluory,
tgd Frdjfl bfurt sona tgdrd wdrd ftgdr
ad`dbts nl tgd nlstrubtnfls tgot vnfmotda
Frdjfl mow, ola ojonl suppfrtda tgd
trnom kuajds adbnsnfl lft tf jnvd tgd
prfpfsda nlstrubtnfls tf tgd kury. Nts
rdom jffa tf sdd tgns bosd `nlommy bfed
tf o bflbmusnfl. Ydmotnvdmy `dw vnbtnes
govd dvdr iddl subbdss`um nl mntnjotnfl
ojonlst tgd pfmntnbommy-pfwdr`um tfiobbf
nlaustry. Es.Znmmnoes ola gdr mowydrs
ord tf id bfeedlada `fr sddnlj tgnsbosd tf ol dla.
Rfurbd; Ossfbnotda Srdss
Z DQGETRQ@OBDZFEOLRSYDESYFMOZRTNQ
O Qdxos oppdoms bfurt gos rumda tgot
Zydtg, tgd aruj eohdr idnlj obqunrda
iy S`nzdr Nlb., eust `obd o mowsunt `nmda
iy o wfeol wgf bmones gdr irdost
bolbdr wos bousda iy tgd edlfpousd
edanbnld Srdeprf.O stotd bfurt kuajdgoa ansenssda tgd bosd fl `dadrom prd-
deptnfl.Qgd bfurt sona nl nts Oprnm ?1tg
rumnlj, tgot Rusol Irfbhdrts `onmurd-tf-
worl bmones ordlt prddeptda iy
`dadrom aruj-moidmnlj rdjumotnfls, fvdr-
turlnlj tgd mfwdr bfurt kuajds `nlanlj.
Qgd rumnlj sdlt tgd bosd iobh tf tgd
mfwdr bfurt `fr `urtgdr prfbddanljs.Nl
nts rumnlj, tgd oppdoms poldm bntda tgd
T.R. Ruprded Bfurts Mdvnld adbnsnfl.
Os wnadmy rdpfrtda, tgd gnjg bfurt nl
tgot bosd sona potndlts bol sud aruj
eohdrs `fr `onmnlj tf prfvnad oadquotd
so`dty worlnljs,dvdl wgdl o trdotedlt
ola nts pobhojnlj ord opprfvda iy tgd
T.R.@ffa ola Aruj Oaenlnstrotnfl.
Zgnmd tgns ns jrdot ldws `fr Es.
Irfbhdrt, wgf bfltdlas Zydtgs
Srdeprf bousda gdr irdost bolbdr, ntsomsf vdry jffa ldws fr tgd eoly Qdxos
wfedl wgf govd `nmda snenmor mowsunts.
Ydmotda mowsunts fvdr gfrefld tgdropy
arujs subg os Srdeprf, Srdeornl ola
Srfvdro tgot goa iddl fl gfma pdlanlj
o adbnsnfl wnmm lfw efvd `frwora.
Opprfxneotdmy ?1,333 wfedl govd
`nmda gfrefld tgdropy mowsunts ojonlst
Zydtg ola S`nzdr.Os eoly os 0 enmmnfl
wfedl tffh tgd gfrefld-rdpmobdedlt
tgdropnds tf dosd edlfpousd syep-
tfes, subg os gft `mosgds ola effa
swnljs,id`frd o 9339 stuay turlda up
bolbdr mnlhs.
Nl Koluory, wd rdpfrtda fl Rdlotfr
Jrossmdys mdttdr tf Zydtgs BDF,
Idrlora Sfussft,hnbhnlj f`` ol nlvdstn-
jotnfl nltf tgdnr rfmd nl poynlj jgfst-
wrntdrs tf puimnsg edanbom ortnbmds
`ovfroimd tf Srdeprf. Nl Eorbg, wd
rdpfrtda fl tgd dvdr-efultnlj dvn-
adlbd tgot gfrefld tgdropy bousds
irdost bolbdr. Nt sgfuma bfed os lf sur-prnsd tgot nl S`nzdrs rdbdlt ollfulbd-
edlt tf purbgosd Zydtg `fr $07
inmmnfl, tgdy wnmm poy Sfussft $42
enmmnfl tf rdsnjl. Lft ioa `fr o eol
wgf sddes tf govd brfssda dtgnbom
junadmnlds nl gns wfrh.
Qda Edoafws, Yuss Oildy ola
Edmnsso Srnbhdtt, mowydrs `rfe fur `nre,
ord wfrhnlj fl gfrefld tgdropy
bosds. Qgdy bfltnlud tf nlvdstnjotd
pftdltnom bosds ola ord `nmnlj ldw
bosds. Qgd `nre wnmm id mntnjotnlj tgdbosds tgot govd omrdoay iddl `nmda ola
ord lfw pdlanlj. N` yfu ldda efrd
nl`freotnfl fl tgns suikdbt,bfltobt oly
f` tgd mowydrs mnstda oifvd ot 733-7>7-
9321 fr iy deonm ot Qda.EdoafwsC
idosmdyommdl.bfe, Yuss.OildyCidosmdy
ommdl.bfe fr Edmnsso.SrnbhdttCidosmdy
ommdl.bfe.
Rfurbd; Imffeidrj
YDQNYDARTSYDEDBFTYQKTRQNBD@OPFYREDYNQRDMDBQNFLF@KTAJDR
Rolaro Aoy FBfllfr, tgd rdtnrda T.R.
Ruprded Bfurt Kustnbd,idmndvds strfljmy
tgot edrnt sdmdbtnfl ns tgd idst woy tf
bgffsd kuajds ola hddp tgde nlad-
pdladlt. Qgns wdmm-rdspdbtda puimnb
sdrvolt soys nts gora `fr kuajds tf
rdeonl neportnom hlfwnlj tgdnr adbn-snfls wnmm nl`mudlbd gfw mflj tgdy
hddp tgdnr kfis.Rgd idmndvds tgd efldy
idnlj spdlt iy pdfpmd rullnlj `fr tgd
kuanbnory nl stotds tgot aflt govd edrnt
sdmdbtnfl ns bousnlj pdfpmd tf trust
kuajds mdss. Kustnbd FBfllfr goa tgns
tf soy;
N gfpd tgot moweohdrs wnmm id
boutnfus ola mffh ot wgot ol
nladpdladlt kuanbnory gos edolt
tf tgns lotnfl.Fur kuajds eust idbopoimd f` stoynlj oifvd pfmntnbs n`
tgdyrd jfnlj tf sdrvd tgd `ulbtnfl
f` eohnlj neportnom adbnsnfls.
Efst suppfrtdrs f` dmdbtnlj kuajds
bmone tgot `obnlj tgd vftdrs eohds
kuajds efrd obbfultoimd tf tgd pdfpmd
tgdy sdrvd. Iut Kustnbd FBfllfr
idmndvds kuajds ordlt os d``dbtnvd n`
tgdy govd tf wfrry oifut wgdtgdr
tgdnr adbnsnfls wnmm id pfpumor.Rgd omsf
bfltdlas tgot dmdbtnlj kuajds irnljs nl
ftgdr dmdedlts tgot ord gore`um tf tgd
kuanbnory. Jrfups tgot fppfsd edrnt
sdmdbtnfl `rdqudltmy bntd kuanbnom
tyrolly os olftgdr rdosfl kuajds
sgfuma id dmdbtda. Kuajd FBfllfr ans-
enssds tgot bfltdltnfl,os wdmm,soynlj;
Fur `frd`otgdrs wfuma id sur-
prnsda tf `nla tgdy wdrd dstoimnsg-
nlj o tyrollnbom systde wgdl
tgdy wrftd tgd Bflstntutnfl. Qgd
flmy woy tf stfp tgd flsmoujgt wd
lfw `obd ns tf iunma ol nl`fredabntnzdlry tgot uladrstolas tgd
ldda `fr ol nl`freda kuanbnory.
Kustnbd FBfllfr gos omsf dxprdssda
bflbdrl oifut Oedrnbols mobh f`
hlfwmdajd oifut jfvdrledlt. Rgd
pfnlts fut tgot efrd pdfpmd bol loed
ol Oedrnbol Nafm kuajd fr twf f` tgd
Qgrdd Rtffjds tgol tgd tgrdd
irolbgds f` jfvdrledlt. Nts prdtty
www.KdrdIdosmdyYdpfrt.bfe :
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8/9/2019 The Jere Beasley Report, May 2009
8/527 www.IdosmdyOmmdl.bfe
gora tf ansojrdd wntg Kustnbd FBfllfr
fl oly f` gdr vndws.
Rfurbd; Ossfbnotda Srdss
P.
QGD LOQNFLOM
RBDLD
MOZRTNQOJONLRQHIY RTYPNPDR
Zd govd wrnttdl nl prnfr nssuds fl
tgd dmdbtrfbutnfl adotgs f` Oedrnbol
trffps nl Nroq.Ydbdltmy, o `dadrom kuajd
adlnda Orey bfltrobtfr HIYs eftnfl
tf ansenss o mowsunt `nmda iy tgd eftgdr
f` o sfmandr wgf wos dmdbtrfbutda nl
tgd sgfwdr wgnmd sdrvnlj nl Nroq. Os
prdvnfusmy rdpfrtda, Gfustfl-iosda
bfltrobtfr HIY `onmda tf eonltonl tgddmdbtrnbom nl`rostrubturd ot tgd `fredr
dstotd f` Roaaoe Gussdnl nl Iojgaoa.
Fl Koluory 9, 9337, Rto`` Rjt. Yyol
Eosdtg, ol Orey Yoljdr ola Jrddl
Idrdt,wos dmdbtrfbutda os gd sgfwdrda
wgnmd stotnflda tgdrd.
Mowydrs `fr HIY orjuda tgot adbn-
snfls eoad iy tgd Orey nlsumotda tgd
prnvotd enmntory bfltrobtfr rfe prfsd-
butnfl. @frtulotdmy, T.R. Anstrnbt Kuajd
Lfro Iorry @nsbgdr ansojrdda, stotnlj nl
gdr fradr;
Qgns bosd afds lft nlvfmvd bmones
ornsnlj `rfe obtnvd enmntory
bfeiot fpdrotnfls.Qgd nssuds prd-
sdltda iy XEs. GorrnsU bmones
nlvfmvd tgd ommdjda ldjmnjdlt pdr-
`freolbd fr lfl-pdr`freolbd f`
HIY nl prfvnanlj eonltdlolbd
sdrvnbds tf tgd Tlntda Rtotds Orey.
Qgd mowsunt oshs tgns bfurt ola o
kury tf adtdrenld wgdtgdr tgd
wfrh tgot HIY obtuommy pdr-
`freda ot tgd XbfepmdxU wos sui-
stolaora, ldjmnjdlt wfrh tgot
rdsumtda nl Yyol Eosdtgs adotg.
HIY mowydrs omsf orjuda tgot tgd
mowsunt sgfuma id ansenssda idbousd nt
bfuma id o pftdltnom deiorrossedlt tf
tgd Orey ola tgd T.R. jfvdrledlt.
Kuajd @nsbgdr, gfwdvdr, lftda tgot tgd
Orey gos lft sfujgt tf nltdrvdld nl
tgns obtnfl lfr dxprdssda oly bflbdrls
tf tgns bfurt. Zntgfut o afuit, HIY
sgfuma id gdma obbfultoimd `fr tgd
adotg f` Rjt. Eosdtg ola pulnsgda tf
tgd `ummdst dxtdlt f` tgd mow.
O enmntory tdoe sdlt tf dvomuotd tgd
dmdbtrnbom prfimdes ot T.R. `obnmntnds nl
Nroq adtdrenlda tgdrd wos o gnjg rnsh
tgot `mowda wnrnlj bfuma bousd boto-
strfpgnb rdsumts wgnbg, os wd lfw
hlfw, nlbmuads tgd dmdbtrfbutnfls f`Oedrnbol sfmandrs. Obbfranlj tf tgd
tdoe, tgd usd f` o rdqunrda advnbd,
bfeeflmy `fula nl Oedrnbol gfeds
tf prdvdlt dmdbtrnbom sgfbhs, wos
potbgy ot idst ldor sgfwdrs ola
motrnlds nl T.R. enmntory `obnmntnds. Qgd
tdoe omsf `fula wnadsprdoa usd f`
ulbdrtn`nda dmdbtrnbom advnbds ola
nlbfepmdtd oppmnbotnfl f` T.R. dmdb-
trnbom bfads nl iunmanljs tgrfujgfut
tgd wor-tfrl bfultry. Os prdvnfusmy
rdpfrtda, ot mdost tgrdd T.R. sdrvnbd
edeidrs govd iddl dmdbtrfbutda nl
Nroq wgnmd tohnlj sgfwdrs nl tgd snx
ydors snlbd tgd Iusg Oaenlnstrotnfl
fradrda tgd nlvosnfl f` tgd bfultry.
O bfpy f` tgd tdoes Rdptdeidr 7tg
rdpfrt tf tgd tgdl-bfeeoladr nl Nroq,
Jdl. Aovna Sdtrodus, wos fitonlda iy
tgd Ossfbnotda Srdss tgrfujg o
@rddafe f` Nl`freotnfl Obt rdqudst.
Rdlotfr Ifi Bosdy gos dxprdssda gns
ansoppfnltedlt tgot tgd Sdltojfl`onmda tf sgord tgd rdpfrt wntg Bfl-
jrdss wgdl nt wos bfepmdtda. Qgd
Sdllsymvolno Rdlotfr, wgf gos iddl
trynlj tf jdt efrd olswdrs oifut tgd
dmdbtrnbom prfimdes nl tgd post ydor,
rdbdltmy fisdrvda;
Qgns rdpfrt `rfe o T.R. enmntory
tosh `frbd bfl`nres ey wfrst
`dors; o jmornlj pottdrl f` sgfaay
oppmnbotnfl f` rdmdvolt dmdbtrnbom
bfads, tgd oisdlbd f` brntnbom so d-
juoras, ola tgd mobh f` oadquotd
fvdrsnjgt.
Rnlbd tgns rdpfrt tf Jdldrom Sdtrodus,
Qosh @frbd RO@D nl Nroq, wgnbg wos
brdotda tf adom wntg tgd dmdbtrnbom prfi-
mdes, idjol dxtdlsnvd nlspdbtnfls ola
rdponrs f` wnrnlj nl oifut >3,333 T.R.-
eonltonlda obnmntnds nl Nroq.Qgd Ossfbn-
otda Srdss gos rdpfrtda prdvnfusmy tgot
oifut o tgnra f` tgd nlspdbtnfls sf `or
govd turlda up eokfr dmdbtrnbom prfi-
mdes.Zgnmd nt oppdors o jffa lueidr
f` tgfsd prfimdes govd lfw iddl
`nxda, oifut 04,333 `obnmntnds govd ydt tf
id nlspdbtda.Qgd enmntory soys nt bfuma
id Lfvdeidr id`frd omm tgd nlspdbtnfls
ord bfepmdtd.
Nl tgd edoltned, tgd `oenmy f` Rjt.
Eosdtg bfltnluds wntg nts mowsunt nl ol
d``frt tf fitonl kustnbd. N wfuma mnhd tfsdd tgd dxdbutnvds ot HIY gdma pdrsfl-
ommy rdspflsnimd `fr tgdnr obtnfls nl tgns
eottdr.Ot mdost tgd Eosdtg mowsunt ns stnmm
fl trobh.N gfpd nt wnmm id subbdss`um.
Rfurbd; Snttsiurjg Sfst-Jozdttdola Ossfbnotda
Srdss
SYDRNADLQFIOEOEOHDRO JYDOQBGFNBD@FYQFSSFRQOQLGQRO
Srdsnadlt Iorobh Fioeo gos lfen-
lotda Bgormds O. (Bgubh) Gurmdy, tgd
BDF f` Eftgdrs Ojonlst Arulh Arnvnlj,
os tgd ldxt oaenlnstrotfr f` tgd
Lotnflom Gnjgwoy Qro``nb Ro`dty Oaenl-
nstrotnfl.Qgd lfenldd,wgf gos gdoada
EOAA snlbd 9334, prdvnfusmy gdma
sdlnfr mdoadrsgnp pfsntnfls wntg tgd
Lotnflom Ro`dty Bfulbnm ola tgd Nlsur-
olbd Nlstntutd `fr Gnjgwoy Ro`dty.
Bgubh Gurmdy gos goa o anstnljunsgda
23-ydor prf`dssnflom borddr ola ns o
trdedlafus bgfnbd `fr tgns pfsntnfl. Nloaantnfl tf gns wfrh fl arulh arnvnlj
nssuds, gd gos wfrhda dxtdlsnvdmy fl
onrioj ola sdot idmt nssuds,tddl arnvnlj,
ola bgnma possdljdr so`dty.
Qgd lfenlotnfl f` o pdrsfl tf gdoa
up LGQRO wntg o gnstfry f` wfrhnlj
`fr so`dtyrotgdr tgol ojonlst so`dty
ns efst rd`rdsgnlj. Nl ey fpnlnfl, tgns
wnmm prfvd tf id ol futstolanlj sdmdb-
tnfl tf gdoa up ol dxtrdedmy nepfrtolt
rdjumotfry ojdlby. Omm Oedrnbols wgf
idmndvd so`dty sgfuma id o tfp prnfrnty`fr boreohdrs sgfuma oppmoua tgns
efvd iy tgd Srdsnadlt.
Rfurbd; Ossfbnotda Srdss
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8/9/2019 The Jere Beasley Report, May 2009
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8/9/2019 The Jere Beasley Report, May 2009
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Rdporotd sunts wdrd `nmda nl `dadrom
bfurts nl Ldw frh ola Mfs Oljdmds. Nt
wnmm id efst nltdrdstnlj tf sdd gfw tgns
mowsunt advdmfps.Qgns oppdors tf id o
gnjgmy snjln nbolt mowsunt. Ftgdr
obbfultnlj `nres wnmm id bmfsdmy wotbg-
nlj wgot goppdls nl tgns mntnjotnfl.
Rfurbd; Nlsurolbd Kfurlom
ZDMMR@OYJFOBBTRDAF@RDBTYNQNDR@YOTANLRQOQDMOZRTNQ
Qgd Rtotd f` Bomn`frlno gos obbusda
Zdmms @orjf & Bf. f` `roua `fr tgd
bfepolys rfmd nl ol nlvdstedlt edmt-
afwl tgot gos iddl bfeporda nl eoj-
lntuad tf tgd Idrlora Eoaf`` sbolaom.
Ottfrldy Jdldrom Kdrry Irfwl suda
tgrdd Zdmms @orjf nlvdstedlt sui-
snanornds, ommdjnlj tgdy bfeenttda sdbu-
rntnds `roua iy tdmmnlj Bomn`frlnonlvdstfrs tgot $?.4 inmmnfl f` rnshy sdbu-
rntnds sfma tf tgde wdrd os so`d os bosg.
Qgd Ottfrldy Jdldrom goa tgns tf soy
wgdl `nmnlj tgd sunt;
Qgd sdburntnds wdrd sfma tf bus-
tfedrs fl tgd iosns tgot tgdy
wdrd mnhd bosg ola pdfpmd bfuma
jdt tgdnr efldy iobh nl dnjgt
aoys.Lfw, nt turls fut tgdy wdrd
lft mnhd bosg ola pdfpmd bolt jdt
tgdnr efldy iobh dvdl o`tdr
eoly, eoly efltgs, ola tgdyrd
eoa os gdmm.
Qgd mowsunt, `nmda nl stotd bfurt nl Rol
@rolbnsbf, sddhs tf rdbfvdr tgd efldy
nlvdstda iy oifut 9,133 Bomn`frlnols nl
wgot ord hlfwl os oubtnfl-rotd sdburn-
tnds.Qgdsd wdrd eorhdtda iy tgd Zdmms
@orjf suisnanornds.Oubtnfl-rotd sdburn-
tnds, jdldrommy iobhda iy stuadlt mfols,
eulnbnpom iflas fr ftgdr adit, govd
nltdrdst rotds tgot ord rdsdt pdrnfanbommy
tgrfujg oubtnflssfedtneds os f`tdlos flbd o wddh.Efrd tgol $223 inmmnfl
f` tgd sdburntnds wdrd sfma nl rdbdlt
ydors tf nlvdstfrs ottrobtda tf tgdnr
yndmas, wgnbg bfuma id fld fr efrd
pdrbdltojd pfnlts oifvd o typnbom
efldy eorhdt `ula.
Ydjumotfrs govd ommdjda tgot eoly
iolhs ola nlvdstedlt `nres adbdnvda
tgdnr bmndlts nltf idmndvnlj tgot oubtnfl-
rotd sdburntnds wdrd os so`d os o efldy
eorhdt obbfult.Iut wgdl tgd eorhdt
`fr oubtnfl-rotd sdburntnds bfmmopsda nl
@diruory 9337,eoly nlvdstfrs bfumalt
sdmm tgd sdburntnds, fr bfuma sdmm tgde
flmy ot o mfss. Nts idmndvda iy sfed
dxpdrts tgot oubtnfl-rotd prd`drrda
sdburntnds ord tgd morjdst `roua dvdr pdr-
pdtrotda iy Zomm Rtrddt fl nlvdstfrs.
Rdvdrom `nlolbnom-sdrvnbd bfepolndstgot nssuda oubtnfl-rotd adit govd
ojrdda tf rdpurbgosd inmmnfls f` afmmors
f` tgd advomuda sdburntnds tf sdttmd
bmones iy rdjumotfrs tgot tgdy
ad`rouada nlvdstfrs. Ydbdltmy,Zobgfvno
Bfrp., wgnbg Zdmms @orjf obqunrda most
ydor,ojrdda tf rdpurbgosd $?.4 inmmnfl
f` tgd sdburntnds `rfe Bomn`frlno
nlvdstfrs nl o sdttmdedlt wntg tgd stotd
Adportedlt f` Bfrpfrotnfls tgot omsf
nlbmuada o anvnsnfl f` Bntnjrfup Nlb.
Irfwls mowsunt loeds Zdmms @orjf
Nlvdstedlts,Zdmms @orjf Irfhdrojd Rdr-
vnbds ola Zdmms @orjf Nlstntutnflom Rdr-
vnbds os Ad`dlaolts.Nt ommdjds tgot tgdy
idjol sdmmnlj oubtnfl-rotd sdburntnds nl
933? ola bfltnluda tf sdmm tgde rnjgt
up tf tgd bfmmopsd f` tgd eorhdt most
ydor, adspntd snjls tgot tgd eorhdt wos
idjnllnlj tf brobh nl tgd sdbfla gom` f`
933:. Nts ommdjda tgot Zdmms @orjf somds
pdrsflldm wdrdlt prfpdrmy tronlda nl
tgd nltrnbobnds f` oubtnfl-rotd sdburntnds,ola tgot tgd rnshs f` tgd nlvdstedlts
wdrdlt dxpmonlda tf bmndlts. Nlvdstfrs
nlbmuada rdtnrdds ola seomm iusnldssds,
ola obbfults roljda `rfe $94,333 nltf
tgd enmmnfls f` afmmors.
Rfurbd; Mfs Oljdmds Qneds
OLTSAOQDFLZGNRQMDIMFZDYMOZRTNQR
Qgdrd govd iddl o lueidr f` snjln`n-
bolt advdmfpedlts rdbdltmy nl wgnstmd-
imfwdr mowsunts. N wnmm edltnfl o `dw f`tgde idmfw.
LFYQGYFSJYTEEOL-QYZ ZGNRQMD-IMFZDYBORDRDQQMDA
Nl fld f` tgd lotnfls morjdst sdttmd-
edlts nl o wgnstmd-imfwdr bosd,
Lfrtgrfp Jrueeol Bfrp. gos
ojrdda tf poy tgd `dadrom jfvdrl-
edlt $294 enmmnfl tf rdsfmvd
bmones tgot QYZ, wgnbg nt obqunrda
nl 9339, prfvnada ad`dbtnvd ports
`fr o spy sotdmmntd prfjroe nl tgd
?>>3s.Iut nl o rotgdr wdnra twnst,
tgd `dadrom jfvdrledlt omsf gos
sdttmda o sdporotd, mflj-rullnlj
ansputd wntg Lfrtgrfp ola uladr
tgot sdttmdedlt tgd jfvdrledltwnmm poy tgd odrfspobd bfepoly
dxobtmy $294 enmmnfl. Qgns dssdl-
tnommy edols tgot tgd twf sdttmd-
edlts ord o wosg ola, os o rdsumt,
lf efldy wnmm bgoljd golas.
Qgfujg Bdltury Bnty-iosda Lfrtgrfp
wos tgd mfsdr nl tgd wgnstmd-imfwdr
bosd, nt subbdss`ummy rdsfmvda o ?2-
ydor-fma ansputd fvdr o enssnmd
prfjroe tgot wos bolbdmmda nl
?>>4 `fr wgot tgd jfvdrledlt sonawdrd bfst ola sbgdaumd fvdrruls.
Nl tgd QYZ-Lfrtgrfp wgnstmd-
imfwdr bosd, tgd sdttmdedlt dlada
o sdvdl-ydor mdjom `njgt nlntnotda iy
o wgnstmdimfwdr. Yfidrt @drrf, ol
dljnlddr, nl gns rfmd os o wgnstmd-
imfwdr,wos oworada $17.: enmmnfl.
Iut nlstdoa f` tgot owora idnlj
pona iy Lfrtgrfp,nt wnmm id pona iy
tgd `dadrom jfvdrledlt.
QYZ sfma tgd jfvdrledlt dmdb-trflnb bfepfldlts tgot nt hldw
wfuma `onm. @drrf ns ol dmdbtrnbom
dljnlddr `fr tgd Odrfspobd Bfrp., o
`dadrommy `ulada rdsdorbg moi tgot
wos dvomuotnlj o sotdmmntd trolsnstfr
`fr tgd Sdltojfl. Gd `nmda tgd
mowsunt nl 9339 uladr tgd @omsd
Bmones Obt, wgnbg ommfws pdfpmd
lft o``nmnotda wntg tgd jfvdrledlt
tf sud `dadrom bfltrobtfrs fl idgom`
f` tgd jfvdrledlt. @drrf ommdjda
tgot rdsdorbg bflaubtda nl ?>>4bmdormy adeflstrotda tgd ports
wfuma `onm n` pmobda nl sotdmmntds tgot
wdrd idnlj advdmfpda `fr tgd
sdbrdtnvd Lotnflom Ydbfllonssolbd
F``nbd. Iut QYZ analt nl`fre tgd
jfvdrledlt f` tgd `nlanljs dvdl
o`tdr prfimdes wdrd nltdlsn`nda.
Zgdl tgd bmoneolts ord subbdss um,
tgdy ord dltntmda tf rdbdnvd ?4% tf
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8/9/2019 The Jere Beasley Report, May 2009
11/52
www.KdrdIdosmdyYdpfrt.bfe ??
94% f` tgd tftom sdttmdedlt. Qgns
sdttmdedlt wos tgd morjdst dvdr nl o
Sdltojfl wgnstmd-imfwdr bosd. Drnb
Y. Govnol, o mowydr `rfe Rol @rol-
bnsbf, rdprdsdltda tgd wgnstmd-
imfwdr ola ana ol futstolanlj kfi.
Rfurbd; Mfs Oljdmds Qneds
BFESOL^OBBTRDAF@BFLQYOBQ@YOTA
LdtOpp Nlb. f` Rullyvomd, Bomn`fr-
lno, o aoto-stfrojd bfepoly, gos
ojrdda tf poy tgd Jdldrom Rdrvnbds
Oaenlnstrotnfl $?97 enmmnfl tf
sdttmd o wgnstmdimfwdr bfepmonlt
oifut nts `dadrom bfltrobtnlj. Qgd
Kustnbd Adportedlt ommdjds tgot tgd
bfepoly, LdtOpp Nlb. f` Rully-
vomd,Bomn ., eoad omsd stotdedlts tf
tgd JRO oifut tgd ansbfults nt wos
jnvnlj ftgdr bustfedrs ola `onmda
tf dxtdla prfpdr ansbfults tf tgd
jfvdrledlt. Yfjdr Jfmaeol, ol
ottfrldy fr tgd bfepoly, adbmnlda
tf bfeedlt.
Qgd ojrddedlt rdprdsdlts tgd
morjdst-dvdr sdttmdedlt nlvfmvnlj
tgd JROs `dadrom suppmy prfburd-
edlt prfjroe. LdtOpp prfvnads
goraword, sf`tword ola stfrojd
eolojdedlt sdrvnbds.Qgd nlvdstn-jotnfl rdmotds tf bfltrobts LdtOpp
goa wntg tgd JRO idtwddl Oujust
?>>: ola @diruory 9334 tf sdmm
tdbglfmfjy prfaubts tf vornfus
`dadrom ojdlbnds. JRO bfltrobt
junadmnlds rdqunrd bfepolnds tf
prfvnad tgd jfvdrledlt wntg obbu-
rotd nl`freotnfl oifut tgd ansbfults
tgdy f``dr tf lfl-jfvdrledlt bfe-
edrbnom bustfedrs, gdmpnlj tgd
JRO tf ldjftnotd nts idst prnbd.
LdtOpp `onmda tf jnvd tgd Jfvdrl-edlt obburotd ola bfepmdtd aoto
oifut tgd ansbfults f``drda tf
bfeedrbnom bustfedrs.
Tladr tgd tdres f` tgd sdttmdedlt,
LdtOpp wos fimnjotda tf poy tgd
$?97 enmmnfl iy Oprnm 9:tg. Njfr
Hopusbnlshn, tgdl tgd `dadrom
systdes eolojdr fr LdtOpp, `nmda
o bfepmonlt nl 9330 nl T.R. Anstrnbt
Bfurt nl Zosgnljtfl ommdjnlj `roua-
umdlt idgovnfr iy tgd bfepoly.
Qgns stortda tgd Kustnbd Adport-
edlt nlvdstnjotnfl.Pnrjnm EbHlnjgt,
o mowydr wntg tgd Zosgnljtfl A.B.
`nre f` Osgbro`t & Jdrom, rdprd-
sdltda tgd wgnstmdimfwdr ola ana o
vdry jffa kfi.
Rfurbd; Zosgnljtfl Sfst
@FYETMO@FYKTRQNBDBGDENRQIMFZRZGNRQMDFLEDANBOMBFESOL^
O sdttmdedlt gos iddl rdobgda iy
tgd `dadrom jfvdrledlt nl olftgdr
snjln nbolt wgnstmdimfwdr sunt. Nt
oppdors tgot o jnolt moi wos
eohnlj nlobburotd tdst hnts `fr anom-
ysns potndlts. Qgfeos Boltfr, tgd
infbgdenst wgfsd bfepoly sup-
pmnda an``drdlt tdst hnts tf bmnlnbom
mois ola wgf imdw tgd wgnstmd fl
tgd bfepoly,goa tgns tf soy;
Ne lft jfnlj tf pfbhdt nt, tgd
efldy port wos ldvdr tgd eftn-
votnfl. Nt wos omwoys oifut
potndlts. Nt irfhd ey gdort ola
wos sgfbhnlj wgot o bfepoly
wfuma af `fr efldy. N eoad nt
ey iusnldss tf jf fl o enssnfl
tf eohd nt stfp.
Qgd wgnstmdimfwdr soys tgd owora
efldy wnmm `ula rdsdorbg tf trdot
aruj-rdsnstolt nl`dbtnfls mnhd GNP
ola gdpotntns. @nvd ydors ojf,
Boltfr ola gns mowydrs ot tgd Zosg-
nljtfl `nre f` Sgnmmnps & Bfgdl
suda _udst Anojlfstnbs ola nts sui-
snanory Lnbgfms Nlstntutd Anojlfs-
tnbs (LNA) `fr Edanbord `roua.Qgd
sunt bfltdlada _udst ola LNA
wdrd inmmnlj tgd jfvdrledlt `fr
`oumty edanbom tdsts ola gore`um
Pntoenl A tgdropnds `fr nlobbu-
rotdmy-anojlfsda hnaldy ansdosd.
Boltfr, prdsnadlt f` Rboltnifands
Moifrotfry Nlb., nl Bomn frlno,mdorlda
f` prfimdes wntg _udsts `oumty
tdst hnts o tdr sfed afbtfrs wgf
ansputda _udsts rdsumts oshda gne
tf bflaubt o sdbfla tdst.Boltfrs
tdsts sgfwda _udsts `nlanljs wdrd
bflsnstdltmy fut f` wgobhola mda
gne tf bgdbh `urtgdr.
LNA gos pmdoada junmty tf o `dmfly
bgorjd f` ensirolanlj rdmotnlj tf o
tgyrfna tdst `fr anomysns potndlts
ola ojrdda tf poy o $13 enmmnfl
`nld. Nl oaantnfl, _udst ola LNA
ojrdda tf poy tgd jfvdrledlt o$909 enmmnfl bnvnm sdttmdedlt.
Tladr tgd dadrom @omsd Bmones Obt,
Boltfr ns dltntmda tf o pdrbdltojd
f` tgd sdttmdedlt os ol dlbfurojd-
edlt `fr wgnstmdimfwdrs tf bfed
`frwora. Id`frd sunlj, Boltfr sdlt
tgfusolas f` d-eonms tf gdomtg bord
prfvnadrs oifut tgd nlobburotd
tdsts wntgfut subbdss.Qgd Kustnbd
Adportedlt tgdl nlvdstnjotda gns
ommdjotnfls. Irffhmyl T.R.Ottfrldy
Idltfl Boepidmm fisdrvda;
Qgd Oedrnbol puimnb gos o
rnjgt tf dxpdbt edanbom advnbd
eolu obturdrs tf eohd obbu-
rotd bmones nl tgdnr moidmnlj,
dspdbnommy wgdl tgd `onmurd tf
eddt tgfsd bmones bfuma nlan-
botd tgot tgd pdr`freolbd f` tgd
advnbd ns suspdbt.
Qgdrd gos iddl o eossnvd oefult
f` `roua nl `dadrom prfjroes olatgot ns o soa bfeedltory fl fur
tneds. Bfepolnds bol af wdmm
wntgfut bgdotnlj nl tgdsd prf-
jroes. Qgd kfi f` rdjumotnfl ola
eflntfrnlj f` jfvdrledlt bfltrob-
tfrs eust id afld iy tgd jfvdrl-
edlt. Qgot snepmy gos lft iddl
afld wdmm fvdr tgd post sdvdrom
ydors. Zgnstmdimfwdrs ord obtuommy
afnlj tgdnr kfi `fr tgd rdjumotfrs
ola tgots lft tgd woy nt sgfuma id.
Rfurbd; Ldw frh Aonmy Ldws
EORROBGTRDQQROSSYFPDRRDQQMDEDLQNL@OMRDAYTJSYNBDMOZRTNQ
O `dadrom bfurt nl Eossobgusdtts gos
jnvdl prdmnenlory opprfvom tf o sdttmd-
edlt nl o bosd nlvfmvnlj `omsd aruj
prnbds iy o aruj wgfmdsomdr.Qgd tftom sdt-
tmdedlt f` tgd sunt ns $243 enmmnfl. Bfl-
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8/9/2019 The Jere Beasley Report, May 2009
12/52
suedrs wnmm jdt sfed f` tgdnr efldy
iobh.Qgd sunt ommdjds tgot EbHdssfl ola
@nrstAotoIolh nl`motda tgd ovdrojd
wgfmdsomd prnbd (OZS) f` prdsbrnptnfl
arujs.Qgd OZS ns omwoys sdt iy tgd eol-
u`obturdr ola ns possda fl iy o rdpfrtnlj
bfepoly mnhd @nrstAotoIolh.Obbfranlj
tf tgd sunt, tgd Ad dlaolts nl`motda o
eorh-up `obtfr usda tf bombumotd tgd
OZS f` fvdr 133 arujs.Rpdbn nbommy, @nrstAoto Iolh, o pui-
mnsgdr f` aruj aoto, tfma tgd pgoreobdu-
tnbom nlaustry tgot nt adrnvda tgd OZS
`rfe o survdy f` wgfmdsomdrs nl ol
ottdept tf vdrn`y tgd prnbds rdpfrtda
iy tgd eolu`obturdr. Nl rdomnty,
gfwdvdr, EbHdssfl wos tgd flmy
wgfmdsomdr tgot @nrstAoto obtuommy sur-
vdyda. Qgd twf bfepolnds nlbrdosda
tgd OZS eorhup `rfe 93 tf 94 pdrbdlt
`fr fvdr 133 arujs, wntgfut oly dbf-
lfenb kustn`nbotnfl. Qf bflbdom tgd
sbgded, tgd bfepolnds flmy nlbrdosda
tgd eorhup wgdl olftgdr prnbd
ollfulbdedlt wos eoad iy o aruj
eolu`obturdr. Zgnmd tgd Ad`dlaolts
adly oly wrfljafnlj, tgdy govd
ojrdda tf rdneiursd dmnjnimd bfl-
suedrs. EbHdssfl, o @frtuld 433
gdomtg bord sdrvnbds bfepoly, gos
ojrdda tf poy $243 enmmnfl nltf o sdttmd-
edlt `ula.Flmy $03 enmmnfl f` tgns wnmm
jf anrdbtmy tf bflsuedrs wntg tgd rdstommfttda tf id pona tf lfl-jfvdrledl-
tom tgnra portnds, nlbmuanlj nlsurolbd
bfepolnds.Nt sgfuma id lftda tgot tgns
bosd afdslt nlbmuad stotd Edanbona
prfjroes. Qgd `roua nl tgfsd bosds
nlvfmvda flmy tgd aruj eolu`obturdrs
ola lft tgd rdpfrtnlj sdrvnbds.
Dmnjnimd bmoss edeidrs nlbmuad
olyfld wgf pona o bf-poyedlt `fr fld
f` tgd sdttmdedlt arujs idtwddl
Oujust ?,933? ola Eorbg ?4,9334,ola
ulnlsurda fr uladrnlsurda bflsuedrswgf pona tgd `umm vomud f` fld f` tgd
arujs idtwddl Oujust ?, 933? ola
Koluory 92, 933>. Obbfranlj tf tgd
Smonltn``s mowydr, Rtdvd Z. Idreol f`
Gojdls Idreol Rfifm Rgopnrf,dmnjnimd
bmoss edeidrs wfuma rdbdnvd sfed
efldy iobh nl tgd ldor `uturd n` tgdy
`nmd o bmone.Bflsuedrs wgf tgnlh tgdy
eoy id dmnjnimd tf rdbfvdr sgfuma `nmm
fut o bmone fre,ovonmoimd ot tgd f``nbnom
sdttmdedlt Zdi sntd, www.ebhdssfl-
owpsdttmdedlt.bfe.
Rfurbd; Bflsuedr O``onrs
PNN.
BFLJYDRRNFLOM
TSAOQD
BFLJYDRRRGFTMASORRQGDEDANBOMADPNBDRO@DQ^OBQ
Os wd govd rdpfrtda nl prdvnfus
nssuds, tgd Edanbom Advnbd Ro`dty Obt f`
933> ns owontnlj possojd nl Bfljrdss. N
prdanbt tgot tgns mdjnsmotnfl wnmm poss
idbousd f` nts nepfrtolbd `rfe o
puimnb gdomtg pdrspdbtnvd.Qgd Oedrn-
bol pdfpmd govd iddl omdrtda tf o
eossnvd prfimde rdmotnlj tf edanbomadvnbds ola tf tgd d``frts tf prftdbt
wrfljafdrs. Rdvdrom mdjom jrfups,
nlbmuanlj tgd Oedrnbol Ior Ossfbnotnfl,
suppfrt possojd f` tgns Obt.Qgd mdjnsmo-
tnfl wos nltrfaubda fl Eorbg 4tg o`tdr
tgd T.R. Ruprded Bfurts adbnsnfl nl
tgd Zydtg v. Mdvnld bosd.
Nl olftgdr bosd,Yndjdm v. Edatrflnb,
tgd Ruprded Bfurt `fula most ydor tgot
prfaubts mnoinmnty bmones ojonlst edanbom
advnbd eolu obturdr Edatrflnb wdrd
prddeptda iy tgd Edanbom AdvnbdOedlaedlts tf tgd `dadrom @ffa, Aruj
ola Bfsedtnb Obt. Iut fl Eorbg 1tg,tgd
Ruprded Bfurt rumda nl tgd Mdvnld bosd
tgot `dadrom mow jfvdrlnlj worlnljs fl
prdsbrnptnfl aruj moidms afds lft
prddept stotd bmones ossdrtnlj tgot pgor-
eobdutnbom bfepolnds `onmda tf worl f`
rnshs ossfbnotda wntg tgd edanbotnfl.
O lueidr f` bflsuedr jrfups,
nlbmuanlj Suimnb Bntnzdl ola mdjom
frjolnzotnfls subg os tgd Oedrnbol
Ossfbnotnfl `fr Kustnbd ola tgd Ommnolbd`fr Kustnbd,govd iddl pusgnlj gora fr
possojd f` tgd Edanbom Advnbd Ro`dty
Obt. Nts efst snjln`nbolt tgot tgd Oedrn-
bol Ior Ossfbnotnfl gos kfnlda wntg tgd
bflsuedr jrfup. Qgns mdjnsmotnfl wos
nltrfaubda nl iftg gfusds iy Rdlotfr
Qda Hdllday, tgd bgonreol f` tgd
Rdlotd Bfeenttdd fl Gdomtg, Daubo-
tnfl, Moifr ola Sdlsnfls, ola Ldw
Kdrsdy Ydprdsdltotnvd @rolh Sommfld Kr.,
tgd bgonreol f` tgd Gfusd Bfeenttdd
fl Dldrjy ola Bfeedrbds Ruibfe-
enttdd fl Gdomtg. Qgd mdjnsmotnfl gos
irfoa suppfrt nl iftg tgd Gfusd ola
Rdlotd.Qgd Oedrnbol pdfpmd ord bmdormy
nl `ovfr f` prfept possojd.
Nl Eorbg, efrd tgol 93 bflsuedr,
gdomtg, wfedls oavfboby ola mdjom
jrfups sdlt mdttdrs tf Rdlotfr Hdllday,Ydp. Sommfld ola Ydp. Gdlry Zoxeol,
tgd bgonreol f` tgd Gfusd Dldrjy ola
Bfeedrbd Bfeenttdd, urjnlj possojd
f` tgd Edanbom Advnbd Ro`dty Obt. Nl tgd
mdttdrs,nt wos stotda;
Neeulnty sgfuma lft id jnvdl tf
advnbd eolu`obturdrs tgot `onm tf
oadquotdmy worl oifut fr prdvdlt
advnbd rnshs8 dspdbnommy wgdl tgd
eolu`obturdr hlfws, fr sgfuma
hlfw, tgot tgd advnbd bfuma bousdsdrnfus nlkurnds fr adotg.
Fld f` tgd mdjom jrfups, tgd Bdltdr
`fr Kustnbd & Adefbroby, wgnbg ns o
bflsuedr frjolnzotnfl `fbusda fl tgd
bfurts, rdmdosda o rdpfrt rdbdltmy fl
ad`dbtnvd gdort advnbds ola nepmolts.
Kfolld Afrfsgfw,dxdbutnvd anrdbtfr f`
tgd Bdltdr,wgnbg ns iosda nl Ldw frh,
eoad tgns fisdrvotnfl bflbdrlnlj tgd
ldda `fr mdjnsmotnvd obtnfl;
Qgdsd ord tgd vdry typd f` potndlts
wgfsd rnjgts govd iddl wnpda fut
os o rdsumt f` tgd Ruprded Bfurts
adbnsnfl most ydor, wgnbg ns wgot
Bfljrdss lfw lddas tf `nx.
Edolwgnmd, tgd Oedrnbol Ior Ossfbno-
tnfl gos `freda o tosh `frbd tf rdvndw
nts pfmnby rdjoranlj `dadrom prddeptnfl
f` stotd prfaubts mnoinmnty tfrt mows.Fl
Adbdeidr 9>tg, OIO Srdsnadlt G.
Qgfeos Zdmms Kr., o Inrenljgoe,
Omoioeo mowydr, sdlt mdttdrs tf Ydp.Sommfld ola Rdlotfr Hdllday suppfrt-
nlj o inmm tgot wfuma fvdrturl tgd adbn-
snfl nl tgd Edatrflnb bosd. Srdsnadlt
Zdmms, wgf ns o vdry jffa bnvnm ad`dlsd
mowydr, stotda;
Rtotd prfaubt mnoinmnty mow gfmas
eolu`obturdrs obbfultoimd `fr
nlkurnds bousda iy tgdnr prfaubts
wgdl tgdy ord ldjmnjdlt fr nrrd-
?9 www.IdosmdyOmmdl.bfe
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8/9/2019 The Jere Beasley Report, May 2009
13/52
spflsnimd. Qgdsd mows pdrent ol
nlkurda bflsuedr tf id bfepdl-
sotda iy o eolu`obturdr fula tf
id ldjmnjdlt. Mdjnsmotnfl subg os
tgd Edanbom Advnbd Ro`dty Obt ns
bflsnstdlt wntg OIO pfmnby sup-
pfrtnlj tgd bfltnluda rnjgt f` tgd
stotds ola tdrrntfrnds tf rdjumotd
prfaubt mnoinmnty mow wntg ansbrdtd
dxbdptnfls.
Zgnmd N idmndvd tgns mdjnsmotnfl wnmm
poss, bfrpfrotd mfiiynsts ord gora ot
wfrh trynlj tf adronm tgd d``frt. Gfpd-
`ummy, tgd fvdrwgdmenlj suppfrt nl
`ovfr f` tgd mdjnsmotnfl wnmm dloimd tgd
inmm tf poss, ola tf poss sffl. Nts ioamy
lddada ola wfuma sdla tgd rnjgt
edssojd tf tgd Oedrnbol pdfpmd.
Rfurbd; Lotnflom Mow Kfurlom
QGD@ONYDMDBQNFLRLFZOBQRGFTMAIDSORRDA
Zd govd sddl inj iolhs rdbdnvd inm-
mnfls nl ionmfut `ulas, ola tgdl turl
orfula ola mfiiy `fr mnttmd tf lf fvdr-
snjgt fr obbfultoinmnty fr gfw fur tox-
poydr afmmors ord tf id spdlt. Zgnmd
tgdy wdrd iusy mfiiynlj, tgd iolhs
ldjmdbtda tgd brntnbom nssud ot gola
wgnbg ns gdmpnlj Oedrnbol gfedfwl-
drs wgf `obd `frdbmfsurd. Zd bollft
ommfw boeponjl bosg ola pfwdr`um
mfiiynsts tf bfltnlud tf wnl `ovfrs
`rfe Bfljrdss. Soy-tf-pmoy pfmntnbs
bolt id ommfwda tf bfltnlud nl Zosg-
nljtfl,A.B.,lft wntg sf eubg ot stohd.
Qgots wgy Suimnb Bntnzdl ns pusgnlj
`fr bgoljd tgrfujg bntnzdl-`ulada @onr
Dmdbtnfls. N idmndvd tgd tned gos bfed
tf efvd nl tgot anrdbtnfl. Qohnlj
spdbnom nltdrdst efldy fut f` tgd pfmnt-
nbom ordlo wfuma af efrd tf rna fur
lotnfls bopntom f` portnsol `ovfrntnseola obtuom bfrruptnfl tgol oly snljmd
fld tgnlj.
Qgd @onr Dmdbtnfls Lfw Obt, spfl-
sfrda iy Rdlotfrs Anbh Aurinl (A-NM)
ola Ormdl Rpdbtdr (A-SO) ola Ydprd-
sdltotnvds Kfgl Morsdl (A-BQ) ola
Zomtdr Kflds (Y-LB), prdsdlts ol dxbnt-
nlj ldw opprfobg tf `nlolbnlj boe-
ponjls. Qgns inportnsol inmm brdotds ol
omtdrlotnvd tf inj spdbnom nltdrdst
efldy nl pfmntnbs iy ommfwnlj Bfl-
jrdssnflom bolanaotds tf rul o vnoimd
boeponjl fl puimnb `ulas ola ulmne-
ntda seomm bfltrniutnfls `rfe franlory
bntnzdls.
Sossnlj tgns mdjnsmotnfl wnmm `rdd
edeidrs f` Bfljrdss `rfe spdlanlj
tned bgosnlj bfltrniutnfls `rfe mfi-
iynsts ola bfrpfrotd spdbnom nltdrdst
jrfups. Nt wfuma omsf rdturl tgdnr`fbus tf sfmvnlj tgd brntnbom nssuds bfl-
`rfltnlj fur Lotnfls prfimdes; tgd
dbflfey, gdomtg bord, ola dldrjy.Qgd
tned gos bfed `fr possnlj tgns mola-
eorh mdjnsmotnfl, wgnbg wnmm bgoljd
tgd woy pfmntnbs fpdrotd nl tgns
bfultry. Nts tned `fr tgd aoys f` poy-tf-
pmoy pfmntnbs tf dla. N` yfu ojrdd, osh
yfur edeidrs f` Bfljrdss tf idbfed
bf-spflsfrs f` tgd @onr Dmdbtnfls Lfw
Obt! Flbd tgd prfimdes nl Zosgnljtfl
ord golamda, tgdl tgd efvdedlt bol
id tohdl tf tgd stotd gfusds.
Rfurbd;Suimnb Bntnzdl
QGDNL@MTDLBDJOEDNLFTYLOQNFLRBOSNQFM
Zntgfut oly afuit, mfiiynlj ns inj
iusnldss nl fur Lotnfls Bopntfm. Fvdr
tgd ydors, pfwdr`um bfrpfrotd mfiiynsts
govd goa o trdedlafus nl`mudlbd
sfedtneds efrd tgol dmdbtda f``nbnomsfl wgot goppdls nl Zosgnljtfl.
Mfiiynlj gos pona f`` `fr tgd mfiiynsts
ola tgd spdbnom nltdrdsts. @fr dxoepmd,
inj bfepolnds tgot spdlt gulardas f`
enmmnfls mfiiynlj subbdss`ummy `fr o tox
irdoh dlobtda nl 9331 jft o wgfppnlj
99,333-pdrbdlt rdturlfl tgot nlvdst-
edlt! Qgots prdtty jffa prff` tgot `fr
tgfsd wgf bol o``fra nt, gnrnlj o mfiiy-
nst bol poy trdedlafus anvnadlas.Qgd
`njurds, bfepnmda iy prf`dssfrs ot tgd
Tlnvdrsnty f` Holsos `fr o stuayrdmdosda most efltg,f``dr o rordmy-sddl
jmnepsd f` gfw tgd mfiiynlj iusnldss
wfrhs, ola wgy tgd nlaustry ns
iffenlj os ldvdr id`frd.
Srdsnadlt Iorobh Fioeo gos prfe-
nsda tf buri mfiiynsts nl`mudlbd ola N
gfpd tgot gd bol bflvnlbd Bfljrdss tf
jf omflj wntg gne. Qgd prf`dssfrs
rdpfrt adtonms d``frts iy gulardas f`
bfepolnds nl 9332 ola 9331 tf pusg
tgrfujg o fld-tned tox gfmnaoy tgot
mfwdrda `fr o ydor tgd tox rotd tgdy
pona fl prf`nts dorlda oirfoa.Omm tfma,
T.R. bfepolnds sovda oifut $?33
inmmnfl nl toxds, wntg pgoreobdutnbom
pfwdrgfusds S`nzdr ola Edrbh & Bf.,
tdbglfmfjy jnolts NIE ola Gdwmdtt
Sobhora, ola gdomtg prfaubts eohdr
Kfglsfl & Kfglsfl oeflj nts tfp idl-d`nbnornds.Qgd stuay `fbusds fl >2 `nres
tgot spdlt os eubg os $979.: enmmnfl
mfiiynlj fl tgd nssud aurnlj tgot
pdrnfa. Qgfsd bfepolnds umtneotdmy
sovda o tftom f` $09.4 inmmnfl tgrfujg
tgd tox bgoljd.
Ydsdorbgdrs usda puimnbmy-ovonmoimd
mfiiynlj ansbmfsurds `nmda wntg Bfl-
jrdss ola `nlolbnom stotdedlts suient-
tda tf tgd Rdburntnds ola Dxbgoljd
Bfeenssnfl tf bfepord tgd oefult
dobg bfepoly sovda wntg nts mfiiynlj
dxpdlanturds. Rtdpgdl Eozzo, wgf bfl-
aubtda tgd stuay omflj wntg Yoqudm
Omdxoladr ola Rusol Rbgfmz,fisdrvda;
Nt bomms nltf qudstnfl wgot Bfl-
jrdss ana nl 9331. Nt bmdormy ns o
vdry mubrotnvd `ndma `fr mfiiynsts.
Bfljrdss woltda tf brdotd kfis,
ola wgot tgdy prfioimy ana wos
brdotd kfis `fr tgd mfiiynsts.
Qgd rdsumts rd`mdbt fld rdosfl tgotmfiiynljomwoys o eokfr nlaustry nl
fur Lotnfls Bopntfmgos dxpdrndlbda
dxpmfsnvd jrfwtg nl rdbdlt ydors.Bfe-
polnds ola nltdrdst jrfups spdlt $2.19
inmmnfl mfiiynlj Bfljrdss ola tgd
`dadrom jfvdrledlt nl 9337, tgd most
ydor `fr wgnbg subg `njurds ord ovonm-
oimd, obbfranlj tf tgd Bdltdr `fr
Ydspflsnvd Sfmntnbs.Qgots o ?1% kuep
`rfe tgd prdvnfus ydor.Qgdrds jrfwnlj
dvnadlbd tgot bfepolnds jdt wgot tgdy
poy `frola eoyid o mft efrd`rfetgdnr mfiiynlj d``frts.
Qgd Bdltdr `fr Ydspflsnvd Sfmntnbs ns
o lflportnsol jrfup tgot trobhs efldy
nl pfmntnbs. Nt rdbdltmy rdmdosda o stuay
bfepornlj tgd oefult spdlt iy ionmda-
fut iolhs fl pfmntnbom bfltrniutnfls
ola mfiiynlj wntg tgd oefult f`
efldy tgdy jft `rfe tgd Qrfuimda
Ossdt Ydmnd` Srfjroe, idttdr hlfwl os
www.KdrdIdosmdyYdpfrt.bfe ?2
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tgd Zomm Rtrddt rdsbud `ula.Qgd rdsumts
rdvdomda tgot tgd iolhs rdbdnvda ol
fvdromm 947,11>% `fr tgd $??1 enmmnfl
tgdy spdlt fl boeponjl aflotnfls ola
mfiiynlj.Qgots lft o ioa rdturldvdl
nl jffa dbflfenb tnedsola nts bdr-
tonlmy o jrdot rdturl nl ioa tneds.Qgns
sfrt f` tgnlj sgfuma sgfbh efst T.R.
toxpoydrs ola sgfuma jdt tgd ottdltnfl
f` tgd pfmntnbnols.Rfurbd; Ossfbnotda Srdss
PNNN.
SYFATBQ
MNOINMNQ^ TSAOQD
O BFLQNLTNLJRDYNDRGNJGMNJGQNLJF@QDLFPDYMFFHDASYFATBQBMONERNLQGD
RNLJMDPDGNBMDOBBNADLQ
Most efltg,wd idjol o sdrnds f` ortn-
bmds ansbussnlj prfaubt mnoinmnty bmones
tgot ornsd `rfe snljmd vdgnbmd obbnadlts.
O prfaubt mnoinmnty bmone `fbusds fl
wgdtgdr fr lft o prfaubt ns ad`dbtnvd.
Qgd purpfsd f` tgns sdrnds ns tf daubotd
yfu fl tgd an``drdlt hnlas f` prfaubt
mnoinmnty bmones tgot ord fut tgdrd. Nl
outfefinmd bosds, tgd ad`dbtnvd prfaubt
bfuma id tgd dltnrd vdgnbmd,fr o bfepf-
ldlt port subg os tgd sdot idmt fr tnrds.Tl`frtulotdmy, tgd ovdrojd eftfrnst gos
lf nado gfw ulprftdbtda gd wnmm id nl
ol obbnadlt os o arnvdr fr possdljdr nl o
ad`dbtnvd vdgnbmd. Fur mowydrs ord
tronlda tf rdbfjlnzd ad`dbt bmones nl
eftfr vdgnbmd obbnadlt bosds.Oly snljmd
vdgnbmd obbnadlt nlvfmvnlj sdrnfus
nlkury fr adotg, nlbmuanlj poromysns, mfss
f` mnei fr ironl aoeojd,sgfuma id bord-
`ummy olomyzda `fr pfssnimd prfaubt mno-
inmnty bmones. Most efltg, wd mffhda ot
rff` brusg ola tgd advostotnlj tfmm nt gostohdl fl tgd mnvds f` eoly.Qgns efltg,
wd mffh ot sdot idmt ad dbts.
Qgdrd ord tgfujgt tf id twf bfmmnsnfls
nl ol outf obbnadlt.Qgd `nrst bfmmnsnfl ns
tgd vdgnbmds nepobt wntg olftgdr
vdgnbmd fr fikdbt.Qgd sdbfla bfmmnsnfl ns
tgd possdljdrs nepobt wntg tgd nltdrnfr
f` tgd vdgnbmd, fr nl bosds f` dkdbtnfl,
nepobt futsnad tgd vdgnbmd. Rdot idmt
nlkurnds fbbur wgdl o ad`dbtnvd sdot idmt
`onms tf oadquotdmy prftdbt o vdgnbmd pos-
sdljdr nl tgd sdbfla bfmmnsnflpgosd f`
ol outfefinmd obbnadlt.Qgd purpfsd f`
o sdot idmt ns tf enlnenzd tgd nlkurnds
bousda nl o sdbfla bfmmnsnfl, iy rdaub-
nlj fr dmnenlotnlj nlkurnfus fbbupolt
bfltobt wntg tgd vdgnbmds nltdrnfr.Rdot
idmt nlkurnds f`tdl fbbur wgdl tgdrd ns o
sdot idmt adsnjl, prfaubtnfl,fr nlstommo-tnfl ad dbt. Qgdrd ord o pmdtgfro f`
nlkurnds tgot eoy fbbur os o rdsumt f` o
ad`dbtnvd sdot idmt fr `rfe `onmurd f` o
sdot idmt; spnlom bfra nlkury, ironl fr
gdoa nlkury, poromysns, nltdrlom nlkurnds,
oeputotnfls,irfhdl iflds,bflbussnfls
ola otomntnds.
Nl o mop-idmt-flmy adsnjl, f`tdl `fula
nl tgd rdor bdltdr sdotnlj pfsntnfl,
fbbupolts eoy kobh-hln`d fvdr tgd sdot
idmt, rdbdnvnlj nlkurnds nl tgd prfbdss.
Qgd sdot idmt ntsdm` bol bousd spnld fr
nltdrlom nlkurnds wgdl tgd fbbupolts
ifay idlas fvdr tgd sdot idmt wdiinlj
wgnbg tgdl buts nltf tgd sf`t tnssud.
Omsf, wgdl tgd fbbupolts ifay kuts
`frwora, gdoa nlkurnds bol rdsumt wgdl
tgd gdoa gnts o sdot iobh fr o suppfrt
pnmmor nl tgd vdgnbmd.Zntg o sgfumadr-
idmt-flmy adsnjl, f`tdl sddl nl Gyulaon
fr Pfmhswojdl vdgnbmds, fbbupolts eoy
suieornld uladr tgd idmt,bousnlj ldbh
nlkurnds ola sfedtneds adbopntotnfl.Sossnvd rdstronlt systdes mumm tgd
fbbupolt nltf o `omsd `ddmnlj f` so`dty
wgdl tgd sgfumadr idmt smnads orfula
tgde. Sossnvd rdstronlt systdes bflsnst
f` o eoluom mop idmt ola o eftfrnzda
sgfumadr idmt, fr ord snepmy o affr
efultda tgrdd pfnlt systde. @fr tgd
`nrst typd, tgd eoluom idmt bfeinlotnfl,
fbbupolts f`tdl `frjdt tf motbg tgd
eoluom idmt, brdotnlj o sgfumadr-idmt-
flmy systde. Qgus, eubg mnhd tgd
Gyulaon ola Pfmhswojdl vdgnbmds edl-tnflda oifvd, fbbupolts eoy suieo-
rnld uladr tgd idmt. Nl tgd sdbfla typd,
tgd affr-efultda,tgrdd-pfnlt systde,
n` tgd affr fpdls aurnlj ol obbnadlt,
tgd fbbupolt bol id dkdbtda,f`tdl su`-
`drnlj gfrrn`nb nlkurnds fr adotg.
Rfed f` fur bmndlts govd su``drda bot-
ostrfpgnb spnlom bfra nlkurnds os o rdsumt
f` ad dbtnvd sdot idmt jdfedtry adsnjl.
Reomm stoturd pdrsfls ord portnbumormy
susbdptnimd tf tgdsd typds f` nlkurnds.
Qgd A-rnlj fr sgfumadr strop olbgfr ns
typnbommy pmobda nl o pfsntnfl tgot ns tff
gnjg `fr o seomm stoturd pdrsfl. Os o
rdsumt,tgd sgfumadr strop rnads tff gnjg
up fl tgd fbbupoltsldbh ola bousds
sdvdrd spnlom nlkurnds nl o bfmmnsnfl.Outf
eolu`obturdrs govd iddl oword f` tgns
sdot idmt jdfedtry ad`dbt `fr sfed
tned.O sdot idmt eust lft flmy id adsnjlda
ola efultda prfpdrmy, iut eust motbg
prfpdrmy ola stoy motbgda tf prfvnad
eoxneue prftdbtnfl. Motbgnlj prfi-
mdes mdovd tgd fbbupolt fpdl `fr tgd
pfssninmnty f` idnlj ulrdstronlda nl ol
obbnadlt. Nldrtnom ulmotbgnlj fbburs
wgdl o sdot idmt iubhmd rdmdosds iy
ntsdm aurnlj o bfmmnsnfl. Nloavdrtdlt
ulmotbgnlj goppdls wgdl tgd iubhmd
fpdls os o rdsumt f` sfed nloavdrtdlt
bfltobt iy dntgdr tgd fbbupolt fr o
bfepfldlt f` tgd vdgnbmd. F`tdl o
gola fr ore bfltobts tgd rdmdosd
iuttfl bousnlj ol nloavdrtdlt ulmotbg-
nlj. Sfssnimy tgd sborndst f` omm sdot idmt
iubhmd ad`dbts ns omsd motbgnlj. Qgns
fbburs wgdl tgd iubhmd oppdors tf id
motbgda, sfulas mnhd nt ns motbgda ola
mffhs mnhd nt ns motbgda,iut ns lft obtu-
ommy prfpdrmy fr `ummy dljojda. Nl tgns
sntuotnfl, `frbds aurnlj tgd obbnadlt
bol bousd tgd iubhmd tf ulmotbg. Zdrdbdltmy adomt wntg tgns nssud nl o bosd
ojonlst o trubhnlj eolu`obturdr ola o
sdot idmt eolu`obturdr wgdrd tgd adbd-
adlt wos hnmmda o`tdr gd wos dkdbtda
`rfe tgd vdgnbmd.
Qgdrd ord sdvdrom ftgdr pfssnimd
ad`dbts tgot bol fbbur wntg sdot idmts;
tgd sdot idmt wdiinlj bol `onm idbousd
f` o ad`dbt wntgnl tgd wdiinlj ntsdm`, fr
`rfe o sgorp ntde fl tgd sdot `roed
bfltobtnlj tgd wdiinlj aurnlj tgd bfm-
mnsnfl8 tgd rdtrobtfr bol `onm tf mfbhprfpdrmy nl ol obbnadlt ola bousd ol
nlkury iy ommfwnlj dxbdss wdiinlj tf
dxtdla8 ola, o sdot idmt prdtdlsnfldr, o
advnbd tgot rdefvds dxbdss smobh `rfe
tgd sdot idmt wdiinlj,bfuma id enssnlj
`rfe tgd adsnjl f` tgd portnbumor idmt.
Mowydrs wgf ord dvomuotnlj pftdltnom
bmones sgfuma ldvdr rdmy fl obbnadlt
rdpfrts omfld tf adtdrenld n` tgdrd ns o
sdot idmt ad`dbt. F`tdl Sfmnbd F``nbdrs
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wnmm soy tgot tgdrd wos lf idmt usd n` tgd
fbbupolt gos iddl dkdbtda fr ns lft
wdornlj tgd idmt wgdl tgd F``nbdrs
orrnvd fl tgd sbdld. Os stotda prdvn-
fusmy, ol fbbupolt bol suieornld
uladr o idmt, tgd idmt eoy ulmotbg fl nts
fwl `rfe nldrtno, fr o `nrst orrnvdr eoy
govd ulmotbgda tgd fbbupolt tf oaenl-
nstdr mn`dsovnlj edanbom trdotedlt. Nl
sgfrt, aflt rdmy fl tgd obbnadlt rdpfrtomfld tf adtdrenld n` tgdrd ns o sdot idmt
ad`dbt bosd. fu eoy govd o sdot idmt
ad`dbt bosd n`;
ol fbbupolt wgf wos idmndvda tf
govd iddl idmtda ns `fula ulidmtda
o`tdr tgd obbnadlt8
o idmtda fbbupolt eohds bfltobt
wntg tgd vdgnbmd nltdrnfr, rdsumtnlj nl
nlkury8
tgd fbbupolt ns dkdbtda futsnad tgdvdgnbmd fr futsnad tgd rdstronlt f` tgd
sdot idmt, iut tgd sdot idmt iubhmd ns
motbgda8
tgd wdiinlj f` tgd sdot idmt ns mffsd
o`tdr tgd obbnadlt8
tgd wdiinlj f` tgd sdot idmt ns tfrl8
tgd affr efultda sdot idmts nl tgd
vdgnbmd wdrd nld``dbtnvd wgdl tgd
affr f` tgd vdgnbmd fpdlda8
tgd sdot idmt ns flmy o mop idmt fr
sgfumadr idmt8
tgd vdgnbmd fbbupolt bfeportedlt ns
nltobt ola o idmtda fbbupolt ns
nlkurda8fr
tgd sdot idmt efults boed mffsd
`rfe tgd `mffr fr vdgnbmd pnmmors
aurnlj tgd obbnadlt.
Fur `nre rfutnldmy rdvndws omm outf-
efinmd obbnadlts nlvfmvnlj sdrnfus
nlkury fr adotg, nlbmuanlj poromysns, mfss
f` mnei fr ironl aoeojd tf adtdrenld n`
tgdrd ns o ad`dbtnvd sdot idmt. N` yfu
wfuma mnhd efrd nl`freotnfl fr govd o
qudstnfl, yfu bol bfltobt dntgdr Bfmd
Sfrtns,Jrdj Ommdl,fr Jrogoe Dsaomd ot
733-7>7-9321, fr iy deonm ot Bfmd.
SfrtnsCidosmdyommdl.bfe, Jrdj.OmmdlC
idosmdyommdl.bfe fr Jrogoe.DsaomdC
idosmdyommdl.bfe.
Qgd Ldw LGQRO Bgnd` Rgfuma
Oaardss Yff` Brusg Rtolaora
N edltnflda nl olftgdr sdbtnfl f`
tgns nssud tgot tgd Fioeo Oaenlnstro-
tnfl loeda Bgubh Gurmdy os tgd ldw
oaenlnstrotfr tf gdoa tgd Lotnflom
Gnjgwoy Qro``nb Ro`dty Oaenlnstrotnfl.
LGQRO sgfuma needanotdmy oaardss tgd
jrfssmy-nloadquotd rff` brusg stolaora
wgnbg ns ioamy nl ldda f` upjroanlj.Qgot obtnfl wfuma eohd surd bfl-
suedrs govd obbdss tf tgd bfurts wgdl
tgdy govd iddl goreda os o rdsumt f` o
rff` brusg dvdlt.Os wd govd rdpfrtda
nl prnfr nssuds, tgd burrdlt rff` stol-
aora gos iddl nl pmobd snlbd ?>:2.Qgns
wos id`frd RTPs idboed o bfeefl
ola vdry pfpumor efad f` bflsuedr
trolspfrtotnfl.Nl tgdfry, tgd rff` brusg
stolaora ns suppfsda tf oaardss tgd
so`dty f` vdgnbmds rff`s tf wntgstola
prdssurd wgdl nlvfmvda nl rfmmfvdr
obbnadlts.
Os prdvnfusmy rdpfrtda, LGQRO wos
rdqunrda tf admnvdr o rff` brusg stol-
aora tf Bfljrdss iy Kumy ?, 9337.Qgd
ojdlby goa iddl fradrda iy Bfljrdss
tf strdljtgdl nts prfpfsda rumd idbousd
nt ana lft snjln`nboltmy rdaubd mfss f` mn`d
ola prdvdlt nlkury.LGQRO oshda `fr ol
dxtdlsnfl ultnm Adbdeidr ?4,9337,ola
tgdl rdvnsda tgd aotd `fr nssunlj tgd
`nlom rumd tf Oprnm 23, 933>. Tladr tgdIusg Oaenlnstrotnfl, LGQROs so`dty
rdjumotnfls tffh o iobh sdot tf bfrpf-
rotd prf`nts. Gfpd`ummy, uladr tgd ldw
mdoadrsgnp,LGQRO wnmm ojonl put so`dty
os tgd ojdlbys tfp prnfrnty. Qgd `nrst
fradr f` iusnldss sgfuma id tf `nlomnzd o
strflj rff` brusg stolaora.
Qgd Iusg Oaenlnstrotnfl prfpfsda o
rff` brusg stolaora tgot nlbrdosda tgd
oinmnty f` o rff` tf wntgstola o `frbd
dquom tf 9.4 tneds tgd ulmfoada
vdgnbmds wdnjgt, o stolaora omrdoay edtiy :3% f` afedstnb outfefinmd eolu-
`obturdrs. Qgd prfpfsda rumd wfuma
govd sovda ol dstneotda ?2 tf 11 mnvds
fut tgd ?3,333 pdrsfls tgot and dvdry
ydor nl rfmmfvdr brosgds, mdss tgol ?%.
Ro`dty dxpdrts idmndvd tgns stolaora ana
lft jf `or dlfujg idbousd nt wfuma stnmm
rdsumt nl efst possdljdrs nl rfmmfvdr
obbnadlts idnlj hnmmda fr poromyzda.
Qgots ulobbdptoimd.
Qgd prfpfsda rumd aurnlj tgd Iusg
ydors omsf nlbmuada prddeptnfl mol-
juojd tgot jovd outfefinmd eolu`ob-
turdrs neeulnty rfe mowsunts, mdovnlj
eolu`obturdrs mnttmd nlbdltnvd tf eohd
outfefinmds so`dr.Qgd Iusg Oaenlnstro-
tnfl omsf nlbmuada prddeptnfl mol-
juojd nl prdoeimds tf so`dty
rdjumotnfls `fr fbbupolt brosg prftdb-
tnfl, snad-nepobt prftdbtnfl,sbgffm iussdotnlj ola ftgdr `nlom rdjumotnfls.Qgd
Fioeo Oaenlnstrotnfl sgfuma rdefvd
omm prddeptnfl moljuojd ola jnvd bfl-
suedrs tgd rnjgt tf sddh kustnbd nl tgd
bfurts.LGQRO sgfuma bfed up wntg o
`nlom rff` brusg stolaora tgot wnmm sovd
efrd mnvds, prdvdlt efrd nlkurnds, ola
jnvd bntnzdls kust rdbfursd nl tgd
bfurts. Tladr ldw mdoadrsgnp ot tgd
ojdlby, N idmndvd o ldw rumd wntg o
jffa stolaora wnmm bfed fut sffl.
Rfurbd; OOK
EOKFY OEOGOYGNLFYDBOMMEO GOPDBFEDQFFMOQD@FYEOL^
Qgd Bflsuedr Srfaubt Ro`dty Bfe-
enssnfl gos ollfulbda o eokfr rdbomm
f` fvdr ?93,333 ^oeogo Ygnlf f``-
gnjgwoy rdbrdotnflom vdgnbmds. Qgd
rdbomm nlvfmvds omm Ygnlf 143, 003 ola
:33 efadm vdgnbmds, wgnbg govd iddl
mnlhda tf 10 adotgs ola gulardas f`nlkurnds. Ydpfrts f` sdrnfus nlkury ola
adotg mnlhda tf tgns vdgnbmd govd iddl
rdpfrtda snlbd 9332, mdovnlj eoly tf
wfladr n` tgns obtnfl ns ol dxoepmd f`
tff mnttmd, tff motd.
Bfmd Sfrtns,wgf gdoas up fur nres
Srfaubt Mnoinmnty Rdbtnfl, gos rdvndwda
fvdr :4 ^oeogo Ygnlf rfmmfvdr bmones
nl tgd post twf ydors. Bfmd ns bfl-
bdrlda tgot tgns rdbommwgnmd o jffa
`nrst stdp`onms tf oaardss tgd nlgdrdlt
adsnjl `mows tgot eohd tgd ^oeogoYgnlf sf susbdptnimd tf mfw-spdda
rfmmfvdrs. Bfmd rdeonls gfpd`um,
gfwdvdr, tgot tgns jfvdrledlt rdbomm
wnmm sdrvd os o wohdup bomm ola tgot
oeogo wnmm rd-dvomuotd nts probtnbd f`
puttnlj prf`nts fvdr pdfpmd.
Obbfranlj tf ol f``nbnom ldws rdmdosd,
tgd BSRB sto`` gos nlvdstnjotda efrd
tgol 43 nlbnadlts nlvfmvnlj 10 arnvdr
www.KdrdIdosmdyYdpfrt.bfe ?4
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ola possdljdr adotgs rdmotda tf tgdsd
twf Ygnlf efadms. Qgdy rdpfrt efrd
tgol twf-tgnras f` tgd bosds nlvfmvda
rfmmfvdrs, ola f` tgd rfmmfvdr-rdmotda
adotgs ola gulardas f` rdpfrtda
nlkurnds,eoly oppdor tf nlvfmvd turls ot
rdmotnvdmy mfw spdda ola fl mdvdm tdrronl.
Omefst needanotdmy upfl tgd Ygnlf
dltdrnlj tgd eorhdt, rdpfrts f` rfmmfvdr
obbnadlts wntg sdrnfus nlkurnds idjol.Qgd rdpfrts nlanbotda tgot tgd Ygnlf
wos rfmmnlj fvdr wgnmd turlnlj ot
spddas f` mdss tgol 93 epg fl vnrtuommy
`mot jrfula. Qgd oeogo Ygnlf gos
bousda o morjd lueidr f` advostotnlj
rfmmfvdr obbnadlts mdovnlj oaumts ola o
lueidr f` bgnmardl sdrnfusmy nlkurda,
pdreoldltmy eoneda ola, nl sfed
nlstolbds,adoa.
Qgdrd ns dvnadlbd tf sujjdst tgot
oeogo rusgda tgd Ygnlf tf tgd eorhdt
id`frd nt prfpdrmy tdstda tgde.Orfula
?>>3,^oeogo eoad ol ojrddedlt wntg
tgd BSRB lft tf prfaubd oly `fur-wgddm
OQP wntg o stotnb motdrom stoinmnty `obtfr
f` mdss tgol .7>.Idbousd tgd Ygnlf ns lft
ol OQPiut nlstdoa ns o TQP oeogo
ana lft govd tf bfepmy wntg nts ojrdd-
edlt wntg tgd BSRB. Qdstnlj f` tgd
Ygnlf vdrn`nda tgot tgd Ygnlfs stotnb
motdrom stoinmnty `obtfr ns oifut .70,tgus
eohnlj tgd Ygnlf mdss stoimd tgol oly
OQP idnlj eolu`obturda.Nl mowsunts, ansbfvdry rdvdomda tgot
oeogo wos oword f` prfimdes wntg
tgd nlstoinmnty f` nts adsnjl nl 9339
id`frd tgd Ygnlf `nrst gnt tgd eorhdt
ola wos dvdl bflbdrlda oifut `uturd
mowsunts os o rdsumt. @urtgdrefrd, nt
oppdors tgot oeogo bflaubtda lf spd-
bn`nb fikdbtnvd ayloenb tdstnlj f` nts
vdgnbmds motdrom stoinmnty. Lf ayloenb
tdstnlj wos pdr`freda adspntd
oeogos hlfwmdajd tgot aurnlj sfed
golamnlj fr pdr`freolbd tdsts, hlfwlos rullnlj tdsts, oifut 93 rfmmfvdrs
fbburrda fl tgd Ygnlf prftftypd
vdgnbmd. Bflvdlndltmy `fr oeogo,
dntgdr lf afbuedltotnfl wos eoad f`
tgdsd rfmmfvdr obbnadlts fr tgd afbu-
edltotnfl wos ansborada. Lf nlstru-
edltotnfl wos utnmnzda nl tgd tdst
vdgnbmds tf rdbfra nl`freotnfl subg os
obbdmdrotnfl, spdda,rfmmfvdr rotd, stddr
nlput, fr tgd mnhd.Qgd vdgnbmd stoinmnty
olomysns bflaubtda iy oeogo fl tgd
Ygnlf adsnjl wos omefst dltnrdmy iosda
upfl tgd suikdbtnvd ossdssedlt f`
oeogos tdst rnadrs pdrbdptnfl f` tgd
vdgnbmd. oeogo gos oaenttda tgot nt ana
lft af oly ayloenb tdstnlj f` tgd
Ygnlf tf sdd wgot wfuma goppdl tf
possdljdrs nl tgd dvdlt tgdrd wos o
rfmmfvdr. Nl ftgdr wfras, oeogo onmda
tf af tgd hnla f` tdstnlj rdqunrda tfhddp arnvdrs ola possdljdrs so`d wgnmd
rnanlj nl tgd vdgnbmd.
Zgdl bfl`rfltda wntg tgd efultnlj
nlkurnds bousda iy tgd Ygnlf adsnjl,
oeogo tffh o wdmm-usda bfrpfrotd strot-
djy, ola imoeda tgd bflsuedrs `fr tgdnr
fwl nlkurnds, obbusnlj tgde f` usnlj
ojjrdssnvd arnvnlj eolduvdrs. Qgd `fm-
mfwnlj stotdedlt wos eoad iy ^oeogo;
Zgnmd tgd Ygnlf gos iddl o rdmn-
oimd ola vdrsotnmd vdgnbmd, sfedfpdrotfrs govd dljojda nl ojjrds-
snvd arnvnlj (subg os smnanlj, shna-
anlj, `nsgtonmnlj, fr afnlj afluts)
fr eoad oirupt eolduvdrs (subg
os turlnlj tgd stddrnlj wgddm tff
`or fr tff `ost) tgot govd rdsumtda
nl snad rfmmfvdrsdvdl fl `mot,
fpdl ordos. Tl`frtulotdmy, sfed
fbbupolts govd iddl sdrnfusmy
nlkurda aurnlj subg rfmmfvdrs
wgdl tgdy put tgdnr ores fr mdjs
futsnad tgd vdgnbmd, rdsumtnlj nlbrusgnlj fr ftgdr nlkurnds.
Nl oaantnfl, nl 933:, wntgfut oaent-
tnlj tgot tgd Ygnlfs adsnjl wos ad`db-
tnvd, oeogo eoad o spdbnom f``dr tf
Ygnlf fwldrs tf rdtrf`nt `rdd f` bgorjd
tgd fmadr efadms f` tgd Ygnlf (tgd
9331-933: OQP efadms) wntg `rdd gom`
affrs ola o possdljdr golagfma.
oeogo gos omsf nlstommda gom` affrs
ola tgd golagfma fl nts 9337 Ygnlf
efadm.Qgd bfepoly bmoneda tgot tgdsd`doturds wfuma gdmp pdfpmd hddp tgdnr
mneis nlsnad tgd vdgnbmd aurnlj o
rfmmfvdr.Gfwdvdr, tgdsd adsnjl bgoljds
ola rdtrf`nts ana lft oaardss tgd uladr-
mynlj prfimde8 tgot ns, tgd ulstoimd
adsnjl ola nts tdladlby tf tnp fvdr aud
tf nts lorrfw wgddmiosd, nts gnjg bdltdr
f` jrovnty, ola nts tfp-gdovy adsnjl.
@nlommy, nl Eorbg 9337, tgd Bflsuedr
Srfaubt Ro`dty Bfeenssnfl (BSRB)
ollfulbda o eokfr rdbomm f` fvdr
?93,333 ^oeogo Ygnlf f``-gnjgwoy
rdbrdotnflom vdgnbmds.Qgd rdbomm nlvfmvds
omm Ygnlf 143,003 ola :33 efadm vdgn-
bmds. N` yfu ldda efrd nl`freotnfl fl
Ygnlf nssuds, bfltobt Bfmd Sfrtns fr
Bgrns Jmfvdr nl fur `nre ot 733-7>7-9321
fr iy deonm ot Bfmd.SfrtnsCidosmdy
ommdl.bfe fr Bgrns.JmfvdrCidosmdyommdl.bfe.^fu bol omsf jdt efrd nl`freotnfl
iy vnsntnlj www.yoeogo-rgnlf-mowydr.bfe.
POYNDQ^F@ONYIOJRYDBOMMDAFPDYSFRRNIMDEOM@TLBQNFLR
Qgdrd govd iddl o lueidr f` rdbomms
rdbdltmy rdmotnlj tf `rflt onriojs fl tgd
possdljdr snad f` vdgnbmds.Qgd bflbdrl
ns fvdr pfssnimd eom`ulbtnfls f` tgd
fbbupolt adtdbtnfl systde.Qgdsd ordsfed f` tgd rdbomms;
Jdldrom Eftfrs; ?9,009 933> Boanm-
mob BQR sdaols wdrd rdbommda fvdr o
sf`tword prfimde tgot eoy ansoimd
tgd `rflt-possdljdr onrioj wgdl nt
sgfuma id dloimda fr vnbd vdrso.
Lnssol gos rdbommda efrd tgol
933,333 933:-37 Omtneo, 243[,
Eurolf ola Yfjud ola Nl`nlntn DW24,
J24 ola J2: vdgnbmds tf `nx o sdlsfr
`fr tgd possdljdr-snad onrioj.Ol dmdb-trflnb bfepfldlt nl tgd ulnt nl tgd
possdljdr sdot busgnfl eoy govd
iddl eoad fut f` spdbn`nbotnfl.
Lnssol ns omsf rdbommnlj ?0,204 9330
Eurolf ola 9337 Nl`nlntn DW24 RTPs
tf `nx nlbfrrdbtmy-prfjroeeda sf`t-
word tgot eoy mdoa possdljdr-snad
onriojs tf onm.
IEZ ns rdbommnlj 933,333 9330 2
Rdrnds ola 9331-30 4 Rdrnds bors ola
9331-30 W2 RTPs fvdr bflbdrls tgottgd `rflt-possdljdr onrioj eoy lft
adpmfy nl o brosg. Reomm brobhs bfuma
advdmfp nl o sdot adtdbtnfl eot ola
adobtnvotd tgd iojs iut obtnvotd tgd
worlnlj mnjgt.
Gyulaonns rdbommnlj 2>2,:?1 9330-
37 Rfloto sdaols tf `nx o prfimde
wntg tgd onr-ioj systde nl tgd `rflt
possdljdr sdot. Qgd o``dbtda bors
?0 www.IdosmdyOmmdl.bfe
-
8/9/2019 The Jere Beasley Report, May 2009
17/52
govd ol oavolbda systde tgot ans-
oimds tgd possdljdr `rflt ioj wgdl nt
adtdbts o bgnma-rdstronlt systde fr
seomm bgnma nl tgd sdot.
@fra ns rdbommnlj 1:3,333 9334-37
Eustoljs tf upaotd possdljdr-snad
`rflt-onr-ioj sf`tword. @fra soys nltdr-
lom tdstnlj sgfwd