The Jere Beasley Report, Mar. 2010

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  • 8/9/2019 The Jere Beasley Report, Mar. 2010

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    Fdstrdhutcf tk kvcr 38,

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    2/408  www.HaAe.

    D.

    GA\DVKN

    KHWCX_AVDKEW

    \ KNDVDGDAEW  W @KSNF  \ AT  AVVCEVDKE 

     A rcgcet pknn s`kws t`at 96% ko Ana-

    hamdaes hcndcvc ikvcremcet koodgdans deMketikmcry fke—t garc w`at t`cyt`dej. V`c rcsunts ko t`ds pknn, w`dg` was gkmmdssdkecf hy t`c \uhndg AooadrsXcscarg` Gkuegdn ko Anahama (\AXGA),s`kunf ict t`c attcetdke ko ann pcrskessccjdei a statcwdfc kr ncidsnatdvc koodgct`ds ycar. V`c rcspcgtcf t`dej-taej,hascf at Wamokrf Sedvcrsdty de Hdrmdei-`am aef ncf hy okrmcr Ikvcrekr AnhcrtHrcwcr, prkvdfcs khbcgtdvc, ekepartdsaedeokrmatdke tk `cnp dmprkvc statc aefnkgan ikvcremcet de Anahama.

     At dts aeeuan mcctdei nast mket`,\AXGA koodgdans rcvdcwcf t`c rcsunts kot`c statcwdfc pknn t`at s`kws `kwpckpnc occn ahkut skmc ko t`c mkstdmpkrtaet dssucs oagdei Anahama. V`cgaefdfatcs s`kunf pay spcgdan attcetdketk t`c oknnkwdei statcmcet hy kec kot`c pcrskes pknncf2 „Ikvcremcet kood-gdans de Mketikmcry fk ekt cspcgdannygarc w`at pckpnc ndjc mc t`dej.” V`cpknn rcsunts s`kwcf t`at 96% ko pckpncde Anahama airccf kr strkeiny airccf wdt` t àt statcmcet.

    V`c icecran scetdmcet amkei maeyoknjs sccms tk hc t`at ncidsnatkrs aefkt`cr statc koodgdans arc mkrc detcrcstcfde jccpdei t`cdr pksdtdkes aef iat`cr-dei mkecy orkm nkhhydsts t`ae de rcprc-scetdei t`c detcrcsts ko vktcrs.Cdi`ty-twk (08%) pcrgcet ko t`kscpknncf sadf t`c Ncidsnaturc s`kunf ektannkw traesocrs hctwcce pkndtdgan agtdkegkmmdttccs as a way ko `dfdei t`cskurgc ko gampadie gketrdhutdkes. Mkst Anahamdaes wkunf ndjc tk jekw w`crct`c mkecy ds gkmdei orkm tk ouef t`c

    afs hy gkmpctdei iamhndei detcrcsts. Ansk, 41% sadf nkhhydsts s`kunf rcpkrtann spcefdei ke ncidsnatkrs. Odoty-kec(31%) pcrgcet sadf t`c statc Ct`dgsGkmmdssdke s`kunf `avc suhpkceapkwcr. Aef 91% hcndcvcs $83< ds tkkmug` okr nkhhydsts tk spcef de idots okrncidsnatkrs.

    Mkst Anahama gdtdzces hcndcvc t`cNcidsnaturc s`kunf pass t`c strkeicstct`dgs hdnn pkssdhnc t`ds ycar. D tktanny

    aircc t`at t`ds s`kunf `appce. G`aei-dei t`c pcrgcptdke t`at nkhhydsts arcrueedei statc ikvcremcet wkunf gcr-tadeny hc a ikkf t`dei. Hut agtuannyrcstrdgtdei t`c deonucegc ko pkwcrounnkhhydsts okr spcgdan detcrcsts s`kunf hct`c ikan. V`c pckpnc de Anahama `avcspkjce t`rkui` t`c \AXGA pknn aeft`c pkndtdgdaes‖hkt` Fcmkgrats aef

    Xcpuhndgaes‖`af hcttcr ndstce.Wkurgc2 Vdmcs Fadny 

    D V — W  V DMC  O KX  X CAWKE  V K  \ XC_ADN D E  V @C  H DEIK  H AVVNCW 

    D may hc t`c keny pcrske de Anahama w`k occns t`ds way, hut D am sdgj aeftdrcf ko sccdei t`c gkmmcrgdans ke tcnc- vdsdke hkt` prkmktdei aef attagjdeicncgtrkedg hdeik. Agtuanny, skmc kot`cm arc prctty easty. Y`dnc D fke—t

     watg` mug` tcncvdsdke cxgcpt okr t`cecws aef spkrts prkirams, D stdnn scccekui` ko t`csc afs tk majc mc rcandzccag` sdfc ds spcefdei skmc hdi hugjsde t`ds hattnc. Dt mdi`t hc detcrcstdei tkjekw t`c ouefdei skurgcs ko t`cscmcfda huys aef rcnatcf agtdvdtdcs. Ydt`ann ko t`c prkhncms oagdei kur statc, aefmkst ko t`cm fcandei wdt` cgkekmdgdssucs, D `avc a rcan fdoodgunt tdmc uefcr-staefdei skmc ko t`c t`deis t`at `avchcce ikdei ke de t`ds ke-ikdei hattnc,aef cspcgdanny wdt` t`c Vyske Vasj

    Okrgc. D prcfdgt, hcokrc ann ko t`ds pnayskut, t`at Ikvcrekr Xdncy may rcirct `dsappkdetmcet ko Vyske. Dt sccms t`c VasjOkrgc Gkmmaefcr may cebky `ds „fayde t`c sue” a ndttnc tkk mug` aef t`atmay hcgkmc a prkhncm hcokrc dt—s kvcr.

     Ydt`kut aey fkuht, t`c oadncf radfske _dgtkrynaef aef Gkuety Grkssdei wcrc puhndg rcnatdkes fdsastcrs. Nkts kooknjs arc asjdei w`y Vyske attcmptcft`c edi`t radfs ke twk cxdstdei husd-ecsscs wdt`kut `avdei cdt`cr a scarg` warraet kr a vandf gkurt krfcr de `aef.

    Dt wkunf sccm t`at Mr. Vyske aef kecstatc trkkpcr, kr mayhc cvce Vyske aefa sdeinc fcputy s`crdoo, gkunf `avc ikectk t`c twk nkgatdkes furdei fay ndi`t`kurs, aef wdt` a scarg` warraet krgkurt krfcr, aggkmpnds` w`at Vyskeoadncf tk fk wdt` `uefrcfs ko trkkpcrs.Dt appcars t`at ahkut $17

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    3/40   www.BrHaXprt. 7

    aiadest dnncian fruis, pkrekirap`y,angk`kn ahusc, gkrpkratc orauf aef t`cndst ikcs ke. D `avc tk wkefcr w`y cncg-trkedg hdeik‖ann ko a suffce‖`ashcce sdeincf kut aef w`y ekec ko t`ckt`crs `avc hcce tarictcf hy t`c statcde a sdmdnar maeecr.

    \crskeanny, D wkunf ndjc tk scc a rca-skeahnc apprkag` tajce tk rcsknvdei

    t`c hdeik dssuc de Anahama kegc aefokr ann. Khvdkusny, t`c odrst pnagc w`crcdt s`kunf tajc pnagc aef hc scttncf ds det`c gkurt systcm. V`c ecxt pnagc dsgncarny de t`c Anahama Ncidsnaturc. D`avc ek prkhncm at ann wdt` t`c pckpncko Anahama fcgdfdei t`ds dssuc. A sdmpncqucstdke gkunf hc put tk t`c vktcrs deEkvcmhcr aef t`at qucstdke wkunf hcskmct`dei ndjc2 „Fk yku waet cncg-trkedg hdeik de Anahama;” V`c pckpnc wkunf vktc cdt`cr „ycs” kr „ek.” @kpc-ounny, t`c Ikvcrekr aef t`c ncidsnatkrs

    gae aircc ke t`c prkpcr ncian naeiuaicde a gkestdtutdkean amcefmcet t`at wdnnput t`c hdeik dssuc up okr a statcwdfc vktc de Ekvcmhcr. Do t`c vktc ds „ek,”t`at cefs t`ds mattcr. Hut do t`c pckpnc vktc „ycs,” t`ce t`c statc must sct upt`c strkeicst iamdei gkmmdssdke pks-sdhnc‖defcpcefcet ko pkndtdgs‖aeft`ce tax t`c hdeik oagdndtdcs at t`c`di`cst ratc gurrcetny hcdei ncvdcf det`c gkuetry.

    De aey cvcet, dt—s tdmc tk put t`ds dssuchc`def us kegc aef okr ann aef ict ke

     wdt` wkrjdei tk sknvc t`c maey cgk-ekmdg prkhncms oagdei kur statc. V`at—st`c nkidgan aef scesdhnc t`dei tk fk aefD hcndcvc mkst ann Anahamdaes occn t`at way!

    NDOC , NDHCXVT  AEF  V @C  X SNC  K O  NAY 

     Yc `avc hc ce `ca rdei nkts de Anahama rcgcetny ahkut t`c Xunc koNaw aef t`c eccf tk ceokrgc dt. D odrmnyhcndcvc t`at prktcgtdei hkt` ndoc aef

    ndhcrty rcqudrc t`c Xunc ko Naw tk hccstahnds`cf, rcgkiedzcf aef oadrny aefcqudtahny ceokrgcf. Xcgcet cvcets maygausc oknjs tk wkefcr w`y t`c Xunc koNaw dse—t anways appndcf de t`at oas`dke.Dt appcars t`at ke kggasdke appcnnatcgkurt bufics de kur statc `avc a `arftdmc appnydei t`c Xunc ko Naw oadrny w`ce dt gkmcs tk t`c rdi`ts ko krfdearyoknjs w`ce naric gkrpkratc cetdtdcs arcdevknvcf as partdcs de ndtdiatdke.

    Maey hcndcvc t`at pkndtdgan deonucegc`as de skmc gascs fdgtatcf `kw t`cXunc ko Naw ds detcrprctcf aef appndcf.Gncarny t`at s`kunf ecvcr hc annkwcfaef `kpcounny dt `ase—t. Mayhc dt—s tdmcokr t`c Amcrdgae pckpnc tk tajc a nkkjat t`c statc gkurt systcms aef fcgdfc dokur appcnnatc gkurts rcanny eccf tk hcdefcpcefcet, oadr aef tktanny dmpartdan.

     Y`ce yku ict fkwe tk dt‖t`at—s t`c way t`c systcm ko bust dgc de kurgkuetry ds suppkscf tk wkrj.

    W VAVC  C E_DXKEMCEVAN G KSEGDN @ CAF  Y KXJW  O KX  HGA

     Aedta Arg`dc, w`k `cafs t`c gkmmds-sdke t`at supcrvdscs t`c AnahamaFcpartmcet ko Cevdrkemcetan Maeaic-mcet, ds t`c ecw ncaf nkhhydst okr t`cHusdecss Gkuegdn ko Anahama. De t`atrknc, s`c ds padf tk rcprcscet t`c detcr-csts ko t`c Gkuegdn—s mcmhcrs. Maey kot`ksc mcmhcrs arc gkmpaedcs w`kscpknnutdke pcrmdts arc rciunatcf hy AFCM. V`at surc fkcs sccm ndjc apktcetdan gkeondgt ko detcrcst. Hut, t`cstatc Ct`dgs Gkmmdssdke apparcetnyfkcse—t scc a gkeondgt de Ms. Arg`dc—secw bkh.

     Aggkrfdei tk mcfda rcpkrts, WtatcCt`dgs Gkmmdssdke G`adrmae BdmWumecr `as sadf t`c Gkmmdssdke fkcsekt „gncar” bkhs aef t`at t`cy `avc keny

    afvdscf Ms. Arg`dc ke `kw tk avkdfgkeondgts. V`c Cevdrkemcetan Maeaic-mcet Gkmmdssdke scts adr aef watcrpknnutdke rciunatdkes de Anahama aef`cars appcans orkm gkmpaedcs odi`tdeipueds`mcets . Ikvcrekr X d ncyappkdetcf Ms. Arg`dc tk t`c gkmmds-sdke de 8

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    spcet $107 mdnndke, t`c scgkef `di`csttktan. Amkei defdvdfuan irkups, t`c S.W.G`amhcr ko Gkmmcrgc was casdny t`chdiicst spcefcr at $163 mdnndke, wdt`CxxkeMkhdn Gkrp. hcdei a fdstaetscgkef at $89 mdnndke. @di`ndi`tdei`kw nkhhydei cxpcefdturcs `avcirkwe de rcgcet ycars, t`at typc spcef-dei was $1.6 hdnndke de 1440, t`c odrst

     ycar okr w`dg` t`c Gcetcr `as gkmpa-rahnc odiurcs.V`c tdmc `as gkmc okr Gkeircss tk

    rcdie de t`c deonucegc ko t`c pkwcrounnkhhydsts. Hut w`ce yku gkesdfcr t`att`c nkhhydsts `avc ndtcranny rue t`cs`kw de kur Eatdke—s Gapdtkn okr ycars,dt—s rcan casy tk scc `kw fdoodgunt dt ds tkfcan wdt` t`ds mkeumcetan prkhncm.Gkeircss wkunf `avc tk agtuanny „hdtct`c `aef” t`at—s hcce occfdei dt aeft`crcde ndcs t`c rcan prkhncm. Ecvcrt`c-ncss, uencss mcmhcrs ko t`c @kusc aef

    Wceatc rcgkiedzc t`c mkkf ko t`c Amcrdgae pckpnc aef ict tk wkrj, Dprcfdgt maey ko t`cm gkunf odef t`cm-scnvcs uecmpnkycf aotcr t`c ecxt Gke-ircssdkean cncgtdkes.

    Wkurgc2 Okrhcs 

    DD.

    FXSI

    MAESOAGVSXCXW

    NDVDIAVDKE

    M CXGJ  W CVVNCW  _ DKPP  W @AXC@KNFCX  W SDVW 

    Mcrgj & Gk. `as scttncf t`c s`arc-`knfcr nawsudts t`at wcrc odncf aiadestt`c gkmpaey kvcr _dkxx. Sefcr t`c sct-tncmcet tcrms Mcrgj must appkdet ag`dco mcfdgan koodgcr‖anrcafy eamcfde Fcgcmhcr‖aef twk defcpcefcetgkmmdttccs tk cesurc ann rdsjs ko mcfd-gdecs ke sanc kr de fcvcnkpmcet arcprkmptny fdsgnkscf aef affrcsscf.Mcrgj wdnn `avc tk rcpkrt ke fruis t`cgkmpaey ds tcstdei‖degnufdei ann stufyrcsunts‖ke t`c ocfcran gndedgan trdansrcidstry, ke dts kwe Ych sdtc aef demabkr mcfdgan bkureans. V`c ikan ko t`cscttncmcet ds okr saocty dssucs tkhcgkmc puhndg oastcr. V`at—s a wkrt`yikan aef kec t`at de t`ckry s`kunf hcikkf okr gkesumcrs aef okr puhndgsaocty.

    @kpcounny, t`c ecw rcqudrcmcets okr`kecsty aef kpceecss wdnn prcvcetaekt`cr sgaefan ndjc t`c _dkxx fchagnc, w`dg` gcrtadeny tareds`cf Mcrgj—s rcp-utatdke. Cxcgutdvcs at t`c frui maeu-oagturcr fcndhcratcny `df t`c padejdnncr—srdsjs de krfcr tk prktcgt sancs‖aef untd-matcny t`at gkst s`arc`knfcrs hdnndkes,as wcnn as grcatdei scvcrc `cant` saocty

    rdsjs. Yc ann jekw ekw ahkut t`cmassdvc eumhcr ko `cart attagjs aefstrkjcs t`at kggurrcf. V`c prkpkscfscttncmcet must hc apprkvcf hy a Ecw

     Bcrscy bufic at a `cardei sct okr Marg`88ef, aotcr w`dg` Mcrgj must qudgjnydmpncmcet t`c prkvdsdkes. D am rcaske-ahny surc t`at t`c gkurt wdnn majc surct`c scttncmcet ds a ikkf kec aef t`ats`arc`knfcrs arc rcanny hcecodtdei orkmt`c scttncmcet.

    Wkurgc2 Okrhcs 

    _ CXFDGV  AIADEWV  F XSI  M AJCX  D E  AGGSVAEC  G AWC 

     A Hd rmdei`am- arca mae wke a$83.1? mdnndke vcrfdgt rcgcetny aiadestXkg`c @knfdei AI, a Wwdss frui majcr,aotcr prkvdei t`at t`c gkmpaey—s agecmcfdgdec ncf tk deonammatkry hkwcnfdscasc. Aefrcw MgGarrcnn, 70, wke `dsgasc aiadest Xkg`c de statc gkurt deEcw Bcrscy, w`crc a gkmpaey uedt t`atprkfugcf t`c frui Aggutaec ds hascf.

    V`ds was t`c scgkef trdan ko t`c mae—sgasc. Ae appcans gkurt krfcrcf t`c ecwtrdan aotcr kvcrturedei a $8.?8 mdnndkeawarf MgGarrcnn wke de May 8

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    5/40   www.BrHaXprt. 3

    aef `kpcounny, hascf ke carny pknnrcsunts, ̀ c wke—t ̀ avc tk.

    De affdtdke tk odndei gampadie odeaegcrcpkrts, gaefdfatcs okr Ikvcrekr `af tkodnc pcrskean odeaegdan statcmcets wdt`t`c Wtatc Ct`dgs Gkmmdssdke nast ycars`kwdei t`cdr degkmc aef asscts dehrkaf raeics. Vdm Bamcs— statcmcets`kws `c ds gcrtadeny ahnc tk nkae `ds

    gampadie naric sums. @c rcpkrtcfkwedei rcan cstatc wkrt` mkrc t`ae$1.3 mdnndke aef `avdei ae aeeuandegkmc cxgccfdei $7?

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    6/40?  www.HaAe.

    scefdei a ikkf eumhcr ko @kusc hdnnskvcr tk t`c Wceatc. Hut t`c hcst t`deiahkut t`ds scssdke may hc t`at ekt`deircan haf `as `appcecf tk t`c pckpnc ko Anahama at t`ds buegturc.

    V`crc `avc hcce a eumhcr ko hdnnspus`cf hy Ikvcrekr Xdncy t`at oadncf tkict tragtdke de t`c scssdke. Okr cxampnc,t`c g`artcr sg`kkns ncidsnatdke appcars

    tk hc fcaf. V`c hdnns ecvcr ikt kut kogkmmdttcc de cdt`cr t`c @kusc krWceatc. D am ekt rcan surc w`at kt`crhdnns t`c Afmdedstratdke ds pus`dei. V`chdeik ncidsnatdke `afe—t hcce up okronkkr fchatc de t`c Wceatc w`ce t`dsdssuc was scet tk t`c prdetcr. @kpcounny,t`c hdeik dssuc wdnn `avc hcce scttncfkec way kr t`c kt`cr hy t`c tdmc t`dsdssuc ko t`c Xcpkrt ds madncf. V`crc arcnkts ko kt`cr dmpkrtaet dssucs t`at musthc fcant wdt`.

    I K_CXEKX  X DNCT  AEF  K V@CX  I K_CXEKXW  Y AEV  W VDMSNSW  O SEFW  C PVCEFCF 

    Ikvcrekr Hkh Xdncy `as bkdecf 6?kt`cr ikvcrekrs de asjdei Gkeircss tkcxtcef hy aekt`cr sdx mket`s t`cocfcran cgkekmdg stdmunus ouefs tks`krc up statc Mcfdgadf prkirams. Doiraetcf, ae cxtcesdke wkunf hrdei aeaffdtdkean $1?7 mdnndke tk Anahama—sMcfdgadf prkiram de t`c odrst `ano ko8

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    7/40

    pkrtdke ko t`c sancs tax ke irkgcrdcsaef puttdei a gap ke t`c fcfugtdkeokr ocfcran degkmc taxcs padf.

    • V`cy waet ecw rcvceuc okr t`cIcecran Ouef.

    • Jatrdea rcndco ds stdnn a prkhncm okur ycars aotcr t c̀ stkrm `dt aef Anahamarcsdfcets arc hcdei aoocgtcf hy

    famaicf `kusdei. V`c AG\\ sup-pkrts afcquatc rcgkvcry ouefdei. Agkmprc`cesdvc asscssmcet ko uemcteccfs de Mkhdnc Gkuety ds eccfcf.

    • AG\\ suppkrts statc devcstmcet det`c Defdvdfuan Fcvcnkpmcet Aggkuetprkiram.

    • AG\\ suppkrts rcokrm ko t`c 14

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    8/400  www.HaAe.

     Ansk, mkst ko t`ksc pknncf wcrcs`kgjcf tk ncare t`at t`crc wcrc ek Aordgae-Amcrdgae Bustdgcs ke t`c @di`Gkurt aef t`at t`c pkndtdgan spndt was 0tk 1 de oavkr ko Xcpuhndgaes. V`c pknnsdefdgatcf t`at bufdgdan cncgtdkes s`kunfhc eke-partdsae. Ekhkfy gae bustdoycncgtdei Wuprcmc Gkurt Bustdgcs de par-tdsae cncgtdkes, hut t`at—s cxagtny w`at

     wc `avc de Anahama. Naric sums komkecy pumpcf detk t`c gaefdfatc—sgampadies‖aef cvce mkrc mkecygkmdei detk t`c gampadies t`rkui`t`drf party irkups w`k fke—t `avc tkrcvcan mkecy skurgcs‖fdgtatc w`ksdts ke t`c Anahama Wuprcmc Gkurt.V`at—s ekt ikkf okr wkrjdei mce aef wkmce, rctdrccs kr pcrskes w`k ekwodef t`cmscnvcs uecmpnkycf. @kpc-ounny, kec ko t`csc fays t`c way wccncgt aef odeaegc bufics wdnn hcg`aeicf.

    V`crc was ae cfdtkrdan nast mket` deV`c Fadny @kmc t`at affrcsscf bufdgdancncgtdkes de Anahama. Dt gketadecf a vcry ikkf asscssmcet ko kur gurrcetsdtuatdke aef `kw bufics s`kunf hccncgtcf.

     Dt ds suppkscf tk hc „hndef bustdgc”de t`c bufdgdan systcm‖ek gkesdf- cratdke ko a pcrske—s statdke dendoc, t`c gknkr ko `ds sjde kr `ds pkndtdgan vdcws. Tct de Anahama,w`ce dt gkmcs tk cncgtdei bufics,vktcrs fcgdfc hascf ke party aoodn- datdke. V`ds statc rcqudrcs t`at bufics rue wdt` a pkndtdgan nahcnattag`cf tk t`cm, w`dg` gaetrump quandodgatdkes aef bufdgdan`dstkry bust hcgausc ae X kr a F oknnkwdei t`cdr eamc.

    Yc t`dej t`at—s wrkei. Aef skfkcs statc Xcp. Bcoo MgNaui`nde, F-Iuetcrsvdn nc , w`k `as hccetrydei tk ict a hdnn passcf t`atwkunf rcqudrc bufdgdan gaefdfatcstk rue de eke-partdsae cncgtdkes

     sdegc 8

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    9/40   www.BrHaXprt. 4

    fk skmct`dei ahkut dt. V`c OFDG waetshaejs t`at `aef kut hdi hkeuscs okrrdsjy hc`avdkr tk pay `di`cr desuraegcprcmdums. Bust ndjc a rcgjncss frdvcrpays mkrc okr autkmkhdnc desuraegc,t`csc haejs wkunf pay mkrc do t`cydesdst ke rcwarfdei rcgjncssecss. V`cOFDG tkkj puhndg gkmmcets ke t`cprkpkscf ecw runc up uetdn Ochruary

    10t` 

    . V`c hdi haejs okui`t `arf aiadestt`c runc aef maey ko t`c gkmmcetsmafc tk t`c OFDG wcrc orkm haejcrs.V`c OFDG eccfcf tk `car orkm krfd-eary, `arf-wkrjdei Amcrdgaes w`k iktstugj wdt` t`c hdnn w`ce t`csc hdihaejcrs wrcgjcf kur eatdke—s cgkekmy.@kpcounny, t`cy fdf. V`ksc de Gkeircss`avc ae khndiatdke tk tajc t`c agtdkesecgcssary tk majc surc t`c odeaegdandestdtutdkes arc prkpcrny rciunatcf.V`cy oadncf tk ndvc up tk t`at rcspkesd-hdndty de t`c past aef wc scc w`at `ap-

    pcecf tk kur cgkekmy as a rcsunt.V`crc arc scvcran trut`s t`at rcanny gae—thc fdsputcf aef a ocw ko t`cm arc2

    • Do Yann Wtrcct trafcrs arc annkwcf tkiamhnc `ccfncssny wdt` kt`cr pck-pnc's mkecy, dt wke't hc nkei hcokrc wc oagc aekt̀ cr odeaegdan grdsds. V`cygaeekt hc annkwcf tk jccp t`cprkodts w`ce t`cdr rdsjy hcts pay koo,hut ict hadncf kut hy taxpaycrs w`cet`cy fke't.

    • Fcspdtc t`c haejs' pncas tk „trust us,”

     Yann Wtrcct `as prkvce degapahnc korciunatdei dtscno. V`c oagt t`at t`chdiicst haejs arc idvdei kut $163hdnndke de gkmpcesatdke t`ds ycar‖mkrc t`ae hcokrc t`c gras`‖ds prkkot`at t`cy `avc ekt ncarecf t`cdrncsske. Yann Wtrcct must hc rciunatcf.

    • V`c OFDG s`kunf ekt wadt okr Gke-ircss kr t`c Ocfcran Xcscrvc tk grcatcecw runcs ko t`c rkaf okr gkmpcesa-tdke pragtdgcs‖cspcgdanny w`cet`crc's ek iuaraetcc cdt`cr wdnn agt.

    V`c prkpkscf runc ds a gkmmke-scesc g`aeic t`at s`kunf hc dmpnc-mcetcf dmmcfdatcny. Dt gkunf hcsuppncmcetcf hy ourt`cr dmprkvc-mcets as eccfcf.

    Dt wdnn hc detcrcstdei tk scc w`at t`cOFDG fkcs wdt` t`c prkpkscf runc.@kpcounny, dt wdnn fk t`c rdi`t t`dei aefmajc dt odean. De t`c mcaew`dnc, t`c

     Amcrdgae pckpnc s`kunf put prcssurcke mcmhcrs ko Gkeircss tk agt dmmc-

    fdatcny tk dmprkvc rciunatdke ko t`dsgkuetry—s odeaegdan destdtutdkes. V`atprcssurc must hc appndcf uetdn ann ecg-cssary ncidsnatdke ds passcf.

    D V  A\\CAXW  V @C  O AV  G AVW  Q SDGJNT  O KXICV  V @CDX  \ KNDVDGAN O XDCEFW 

     A mkst sdiedo dgaet fcvcnkpmcetrcgcetny devknvdei Hdi \`arma wcetprctty mug` uefcr t`c rafar aef ueek-tdgcf hy t`c puhndg. Hdnny Vauzde, w`k`as hcce t`c tkp nkhhydst okr t`c fruimaeuoagturcrs, was okrgcf kut hy `dshksscs. Vauzde, a okrmcr pkwcrounmcmhcr ko Gkeircss, aeekuegcf t`at`c was stcppdei fkwe as \rcsdfcet kot`c \`armagcutdgan Xcscarg` aef Mae-uoagturcrs ko Amcrdga. @c `af `cnf t`at bkh sdegc rcsdiedei orkm Gkeircss.Vauzde was t`c spkeskr ko ncidsnatdket`at `as mafc t`c frui maeuoagturcrshdnndkes ko fknnars, aef mug` rdg`cr,kvcr t`c past ocw ycars. @c pus`cf t`cMcfdgarc frui hdnn t`rkui` Gkeircss wdt` t`c khvdkus `cnp ko t`c Hus` Afmdedstratdke. V`at nci dsnatdke `ashcce a odeaegdan hkeaeza okr Hdi\`arma aef vcry gkstny tk S.W. taxpay-crs. Vauzde, aotcr icttdei t`c frui defus-try—s hdnn passcf, ncot Gkeircss aefdmmcfdatcny wcet tk wkrj okr t`c vcrygkmpaedcs w`k hcecodtcf orkm dt. Hutekw `c—s ikec aef maey arc wkefcr-

    dei w`y. Aggkrfdei tk Yas`deitke skurgcsaef mcfda rcpkrts, Vauzde was jdgjcfkut hcgausc `c was wdnndei tk gkmprk-mdsc wdt` \rcsdfcet Khama ke t`c`cant`garc ncidsnatdke. At Vauzde—suridei, \`arma airccf wdt` t`c \rcsd-fcet okr t`c frui defustry tk gketrdh-utc $0< Hdnndke de `cant` garc gkstsavdeis kvcr t`c ecxt fcgafc. V`c gkm-paedcs wkunf `avc tk rcfugc t`c prdgcko skmc fruis tk gnksc a iap de scedkrs—Mcfdgarc gkvcraic. Khvdkusny, Hdi

    \`arma‖kegc dt rcandzcf w`at dt wasfkdei‖g`aeicf dts mdef aef sct kut tkjdnn `cant` garc rcokrm de Gkeircss. V`cpartdsae staegc tajce hy t`c IK\ mkstndjcny `cnpcf \`arma majc t`c fcgd-sdke tk idvc Vauzde t`c hkkt.

    H NAGJ  O AXMCXW — X AGDAN F DWGXDMDEAVDKE  G NADMW  W CVVNCF 

    Ke Ochruary 10t`  t`c Khama afmde-dstratdke aeekuegcf a $1.83 hdnndke sct-tncmcet wdt` hnagj oarmcrs t`at gkunfcef a ycars-nkei stancmatc kvcr ragdanfdsgrdmdeatdke hy t`c AirdgunturcFcpartmcet. Do apprkvcf hy Gkeircss,dt wkunf hc t`c scgkef rkuef kofamaics stcmmdei orkm a gnass-agtdkenawsudt t`c ikvcremcet krdideannyscttncf de 1444. V`c ecw mkecy dsdetcefcf okr oknjs w`k wcrc fcedcfcarndcr paymcets hcgausc t`cy mdsscffcafndecs okr odndei. V`c amkuet komkecy cag` pcrske wkunf ict fcpcefske `kw maey gnadms arc suggcssounnyodncf. Dt s`kunf hc ektcf, `kwcvcr, t`att`c scttncmcet wdnn `avc tk hc ouefcfhy Gkeircss.

    \rcsdfcet Khama dedtdanny ganncf okrt`c $1.83 hdnndke de `ds hufict nast ycar,hut t`c rcqucst stanncf de Gkeircss asfdsairccmcets pcrsdstcf kvcr t`camkuet ko ouefdei aef t`c strugturc kot`c scttncmcet. Airdgunturc WcgrctaryVkm _dnsagj sadf t`ds rcgcet airccmcets`kunf pavc t`c way okr Gkeircssdkeanapprkvan aef ict mkecy onkwdei skketk t`ksc w`k arc cetdtncf tk paymcets.

    V`c krdidean nawsudt, jekwe as\diokrf, was eamcf aotcr Vdmkt`y\diokrf, a hnagj oarmcr orkm Ekrt` Gar-kndea w`k was amkei t`c krdidean

    \nadetdoos. Sefcr t`c 1444 scttncmcet,t`c ikvcremcet padf kut mkrc t`ae $1hdnndke tk ahkut 1?,

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    10/401<  www.HaAe.

    may fdsaircc, D hcndcvc t`ds ds a oadr aefcqudtahnc scttncmcet aef kec t`at dsfcscrvcf hy t`ksc w`k wdnn odeannyhcecodt.

    Wkurgc2 Mkhdnc \rcss Xcidstcr 

    W CEAVC  G KMMDVVCC  W ATW  H NAGJYAVCX  D W  AXMCF  AEF  F AEICXKSW 

     A S.W. Wceatc gkmmdttcc `as hnastcft`c prdvatc mdndtary gkmpaey okrmcrnyjekwe as Hnagjwatcr, aggusdei t`codrm ko ceiaidei de „rcgjncss usc ko wcapkes, `dfdei dts dfcetdty tk sgkrcikvcremcet gketragts, aef `armdei Amcrdga—s war cookrt de Aoi`aedstae.”Devcstdiatkrs okr t`c Wceatc Armcf Wcr- vdgcs Gkmmdttcc sadf t`cy ansk okueft`at Hnagjwatcr gketragtkrs de Aoi`ae-dstae scgurcf mkrc t`ae 3

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    11/40   www.BrHaXprt. 11

    odeaegdan fdsastcrs okr gkmpaedcs aeft`cdr s`arc`knfcrs.

    Wkurgc2 \uhndg Gdtdzce

    G @XDWV  @ KW\DVAN W CVVNCW  J DGJHAGJ  W G@CMC  NAYWSDV 

    G`rdst @kspdtan `as scttncf a ocfcran w`dstnchnkwcr nawsudt aggusdei dtsaggnadmcf garfdag-garc gcetcr korueedei ae dnncian jdgjhagj sg`cmc.G`rdst aef t`c @cant` Anndaegc koIrcatcr Gdegdeeatd, a gk-Fcocefaet, wdnnpay mdnndkes tk scttnc t`c nawsudt. V`csudt was odncf hy Fr. @arry Ory, a rctdrcfgarfdknkidst, de 8

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    12/40

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    13/40

    • Ke Buny 8?t` , okr t`c odrst tdmc, E@VWA vcrdodcs oatan gras` ndej tk onkkr mats.Vrky Cfwde Bk`eske ds jdnncf w`ce aGamry aggcncratdei kut ko gketrkn`dts `ds gar at 18< mp`. V`c frdvcr kot`c Gamry `af hcce ueahnc tk snkwt`c vc`dgnc okr 87 mdncs prdkr tk t`caggdfcet. Vkykta cvcetuanny scttncs wdt` t`c oamdny okr ae uefdsgnkscf

    amkuet.• De Auiust, E@VWA upirafcs dts devcs-

    tdiatdke tk ae „ceideccrdei aeanysds.”V`ds mcaes t`c aicegy wdnn fk vc`dgnc tcstdei destcaf ko bust rcvdcw-dei gkmpnadets kr sdeinc vc`dgncs aefgrueg`dei qucstdkeeadrc eumhcrs asfkec de t`c past.

    • Wtatc Oarm Desuraegc ektdodcs E@VWAko aggdfcet fata rcnatcf tk 8

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    14/40

    rcpndgatc t`c mct`kfs t`at autkmk-tdvc ceideccrs say arc eccfcf tkcesurc t`at cncgtrkmaiectdg detcrocr-cegc fkcs ekt gausc oadnurc ko t`c`arfwarc kr skotwarc ko ceidec gke-trkns.

    • Do aey ko kur rcafcrs‖kr t`c gke-sumdei puhndg de t`c S.W.‖hcndcvct`at Cxpkecet ds ae „defcpcefcet

    devcstdiatkr,” t`cy arc safny mdstajce.V`ds gkmpaey `as hcce padf `ue-frcfs ko mdnndkes tk fcocef fcsdiefcocgts okr t`c autkmkhdnc defustrykvcr t`c ycars.

    • Ke Ochruary 18t` , Vkykta rcganns 8

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    15/40

    oagt, maey ko t`csc gras`cs may wcnn`avc hcce t`c rcsunt ko a suffce `di`spccf aggcncratdke.

    Ira`am Csfanc, Irci Annce, Gknc\krtds, Hce Hajcr aef D wdnn hc wkrjdeike t`c defdvdfuan gndcet gnadms. Yc archcdei gketagtcf ke vdrtuanny a fadnyhasds wdt` rcqucsts tk devcstdiatcgras`cs t`at arc hcndcvcf tk hc gauscf

    hy suffce `di` spccf aggcncratdkeprkhncms.

    H CAWNCT  ANNCE  NAYTCX  V XA_CNW  V K  Y AW@DEIVKE  O KX  @ CAXDEIW  

    Kec ko kur nawycrs, Ira`am Csfanc,travcncf tk Yas`deitke furdei t`c wccj ko Ochruary 88-8?, aggkmpaedcfhy t`c t`rcc afunt g`dnfrce ko a nafy w`k fdcf de t`c gras` ko a Vkykta vc`dgnc. Ira`am aef kur Kjna`kmagndcets, Maridc Nkudsc Mcdhcrice,W`arke N. Hraeft aef Bundc Hraeft May-odcnf, attcefcf t`c Gkeircssdkean `car-deis. V`cy tknf t`c gkmmdttcc ahkutt`c traidg fcat` ko t`cdr mkt`cr, Mrs.Harhara Wg`warz, de a rueaway VkyktaGamry.

    V`c faui`tcrs ko Mrs. Wg`warz anskappcarcf ke scvcran tcncvdsdke ecwsg`aeecns, degnufdei GHW, GEE, aef Okx.V`cy waetcf tk hrdei mkrc attcetdketk t`c oagt t`at Vkykta (`ttp2//www.tkykta-nawsudt.gkm/) `as yct tk rcgann

    t`c 8

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    16/40

    Mkfdodcrs ko mag`decs `avc a futy tkmkfdoy t`c mag`dec de a rcaskeahncmaeecr. De t`c gasc wc arc gurrcetny`aefndei, t`c mkfdodcr rcourhds`cf t`csamc `azarf t`c krdidean maeuoagturcrncot ueiuarfcf. Affdtdkeanny, t`c mkfdod-gatdke agtuanny ce`aegcf t`c `azarf hyrcqudrdei t`c mag`dec kpcratkr tkgncae t`c mag`dec w`dnc dt was de kpcr-

    atdke. V`c mkfdodcr, cvce do dt fkcs ektce`aegc t`c `azarf, s`kunf stdnnpcrokrm a saocty aeanysds. Ann dfcetdodcf`azarfs s`kunf hc cndmdeatcf, iuarfcfaef/kr warecf aiadest. V`c mkfdodcrs`kunf ansk deokrm t`c kwecr ko t`ceccf tk cndmdeatc `azarfs tk uscrs aefkpcratkrs. Oadnurc tk agt gae rcsunt dencian ndahdndty. Do yku eccf mkrc deokr-matdke yku gae gketagt JcefannFueske de kur odrm at 0

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    17/40

    nkgatdkes rcgkiedzcf aef uscf det`c autkmkhdnc defustry, degnuf- dei at Okrf. V`c cvdfcegc rcvcancft`at Okrf—s ceideccrs wcrc wcnnawarc ko t`c faeicr ko ae aot-ko- t`c-axnc oucn taej hcdei pueg- turcf de a rcar-cef gknndsdke,degnufdei hy truej gketcets, nkeihcokrc t`c maeuoagturc ko t`c

    1447 Ndegkne Vkwe Gar. …V`c Zpnadetdoo] anncicf t`at Okrf s`kunf `avc cdt`cr mkvcf t`c oucntaej tk a saocr nkgatdke kr prk- vdfcf a iuarf kr s`dcnf tk prcvceta puegturc ko t`c oucn taej hygkmpkecet parts ko t`c vc`dgnc krtruej gketcets kr warecf gke-  sumcrs ahkut t̀ c faeicr ko truejgketcets puegturdei t`c oucn taej.V`crc was ampnc cvdfcegc ke t`c staefarf ko garc tk bustdoy t`c suh- mdssdke ko t`csc gnadms tk t`c bury.

    V`ds ds a mkst sdiedodgaet appcnnatcfcgdsdke. Dt—s dmpkrtaet tk rcandzc t`att`c staefarfs sct hy t`c ocfcran ikvcre-mcet arc keny mdedmum staefarfs aefkotcetdmcs t`cy arc vcry wcaj. Qudtckotce, sgdcegc aef ceideccrdei rcqudrc-mcets arc mug` `di`cr t`ae t`c ikv-cremcet—s staefarfs, w`dg` gae hccxtrcmcny wcaj. V`ds Gkurt rcag`cft`c gkrrcgt fcgdsdke de t`ds gasc.

    Wkurgc2 Dnndekds Appcnnatc Gkurt. Bahnkesjd v. Okrf

    Mktkr Gkmpaey , Ek. 3-

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    18/40

    t`c trdan. Dt appcars t`at t`c kutgkmc kot`ds gasc was fcgdfcf, ekt ke t`cgkefugt ko t`c frui maeuoagturcr, hutdestcaf, was fcgdfcf ke mcfdgan gausa-tdke. De aey cvcet, t`ds was t`c odrst rcansct-hagj de t`c @XV ndtdiatdke, hut dts`kunfe—t hc t`at scrdkus. De ann ko t`cgascs, mcfdgan gausatdke `as tk hcprkvcf aef t`at usuanny dse—t a prkhncm.

    AE  S \FAVC  K E  V @C  H AXVKE  G AWC 

     Yc prcvdkusny rcpkrtcf ke t`c bury vcrfdgt de t`c Hartke gasc, w`dg` wasansk trdcf de \`dnafcnp`da. Natc nastmket`, t`c bufic prcsdfdei kvcr t`cgasc, Bufic Ekrmae Agjcrmae, cetcrcfae krfcr fceydei Yyct`—s mktdkes okr Bufimcet Ektwdt`staefdei t`c _crfdgt,okr a ecw trdan, aef okr rcmdttdtur ko t`c$7.9 mdnndke gkmpcesatkry awarf. V`c

    Gkurt fdf iraet a rcmdttdtur ko t`c $93mdnndke puedtdvc bury awarf aef cetcrcfa odean bufimcet de t`c amkuet ko $1

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    19/40

    rcqudrcs Mcrgj tk appkdet a g`dcomcfdgan koodgcr aef twk gkmmdttccstk mkedtkr t`c saocty ko ecw aefcxdstdei fruis aef tk prkmptny aefkpceny fcan wdt` aey rdsjs.

    V`c _dkxx fchagnc was kec t`ats`kunf ecvcr `avc `appcecf. @afMcrgj hcce trut`oun, t`c OFA wkunfecvcr `avc apprkvcf _dkxx. @af t`c

    OFA fkec dts bkh _dkxx wkunf ecvcr`avc hcce apprkvcf rciarfncss ko w`atMcrgj fdf kr oadncf tk fk. Maey hcndcvct`at t`c OFA `as tk s`arc at ncast partko t`c hnamc okr annkwdei a faeicrkusfrui tk hc put ke t`c marjct. De aeycvcet, t`c _dkxx prkhncms arc a gnassdgcxampnc ko w`at `appces at a fruimaeuoagturcr w`ce marjctdei okrgcstajc kvcr t`c rueedei ko a gkmpaeyaef pus` fkgtkrs tk t`c hagj rkw.V`at—s cxagtny w`at ̀ appcecf at Mcrgj.Dt hcgamc prkodts kvcr saocty wdt`kutaey fkuht.

    Wkurgc2 Okrhcs 

    \ NADEVDOO  G AE  W @KY  G ASWAVDKE  D E  O KWAMAP  G AWC 

     A rundei was `aefcf fkwe a ocw wccjs hagj t`at ds gkesdfcrcf tk hc vcry dmpkrtaet de t`c Oksamax ndtdia-tdke. A ocfcran bufic de Ecw Tkrjfcedcf a mktdke okr summary bufi-mcet odncf hy Mcrgj & Gk. V`c buficruncf t`at t`c \nadetdoo gkunf s`kw gau-satdke. V`c \nadetdoo detrkfugcf suood-gdcet cvdfcegc s`kwdei t`at t`ckstckpkrksds frui Oksamax was t`cgausc ko `cr hkec fdscasc, aggkrfdei tkt`c bufic. V`c gasc `af hcce scncgtcfas t`c t`drf ko t`rcc hcnnwct`cr trdans demuntdfdstrdgt prkfugts ndahdndty ndtdiatdkegkegcredei Oksamax, w`dg` was mafchy Mcrgj & Gk. As wc rcpkrtcf prcvd-kusny, t`c odrst ko t`csc gascs cefcf de amdstrdan. Mcrgj was iraetcf summary bufimcet de t`c scgkef gasc.

    V`c \nadetdoo de t`ds gasc sucf Mcrgjokr ecindicet oadnurc tk ware uefcrDefdaea naw. W`c fcvcnkpcf kstckecgrk-sds ko t`c baw aotcr tajdei Oksamax.Mcrgj ariucf t`at t`c \nadetdoo gkunfekt cstahnds` gausatdke. Hut t`c gkurtgkegnufcf t`at t`c \nadetdoo—s cvdfcegc was suoodgdcet tk s`kw t`at t`c fkgtkrgkunf `avc g`ksce a fdoocrcet gkursc kotrcatmcet okr `cr `af `c hcce afc-quatcny warecf. Mkrckvcr, t`c gkurt

    fcgdfcf t`at t`c sgdcetdodg mct`kfkn-kiy uscf hy t`c \nadetdoo—s cxpcrt‖a„fdoocrcetdan fdaieksds”‖was ko suood-gdcet rcndahdndty okr `dm tk rcefcr aekpdedke t`at Oksamax was t`c gausc kot`c \nadetdoo—s deburdcs. V`c gkurt—s krfcrrcafs2

     Mcrgj—s khbcgtdkes tk t`c skuef- ecss ko Zt`c cxpcrt—s] kpdedke arc

    ektcf, hut t`cy fk ekt ncaf t`cgkurt tk gkegnufc t`at t`crc ds sug` a naric aeanytd ga n iaphctwcce t`c mcfdgan rcgkrfs aef`ds gkegnusdke as tk warraetcxgnusdke.

    V`ds ds a mkst sdiedodgaet fcvcnkp-mcet de t`c kvcrann Oksamax ndtdiatdke. Yc `avc anways ocnt t`at gausatdkes`kunfe—t hc a prkhncm de t`csc gascs. Aefy Hd rg`o dc nf aef D wd nn tr y aOksamax gasc de Mketikmcry, Anahama,

    de May.

    E CY  A_AEFDA O DEFDEIW  AXC  W DIEDODGAEV 

    Ecw odefdeis t`at s`kw uscrs ko t`cfdahctcs frui Avaefda `avc mkrc t`aefkuhnc t`c rdsj ko a `cart attagj gkm-parcf wdt` kt`cr fdahctcs fruis dsmkst sdiedodgaet. A rcgcet stufy hy@arvarf rcscarg`crs, snatcf okr puhndga-tdke hy t`c Amcrdgae Fdahctcs Asskgda-tdke, okuef twdgc t`c eumhcr ko `cart

    attagjs amkei 8?,793 fdahctdg patdcetsstufdcf hctwcce 8

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     vardcty ko rdgc t`at Haycr was tcstdeideodntratcf t`c oarmcrs— grkps.

    De Fcgcmhcr a bury awarfcf ahkut$8 mdnndke tk twk Mdsskurd oarmcrs.V`crc arc t`rcc affdtdkean tcst gascssg`cfuncf tk hc trdcf t`ds ycar devknv-dei oarmcrs de Nkudsdaea aef Vcxas as wcnn as a rdgc cxpkrtcr. V`us oar ekpuedtdvc famaics `avc hcce awarfcf

    hy aey ko t`c burkrs. V`c gketamdeatdkesnkwcf detcreatdkean krfcrs okr Arjae-sas rdgc, w`dg` de ture frkvc fkwe t`cprdgc. V`csc wdnn hc t`c oagts de ann kot`c gascs.

    B SXT  AYAXFW  $8.4 M DNNDKE  D E  MXD F CAV@  K O  A G @DNF 

    V`c oamdny ko a g`dnf de Ecw Tkrj, w`k was jdnncf de ae MXD g`amhcr, ̀ asscttncf dts nawsudt okr $8.4 mdnndke.Mdg`acn Gknkmhded, w`k was sdx ycarsknf, was jdnncf de 8

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    21/40

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    22/4088  www.HaAe.

    fkcs husdecss as Assuraet @cant`, says dt wdnn appcan t`c bury—s vcrfdgt. V`c \nade-tdoo—s nawycr, Marg Ncvy, ko Irccewkkf _dnnaic-hascf Ncvy, Mkrsc & Y`ccncr,rcprcscetcf t`c \nadetdoo aef fdf a vcryikkf bkh okr `cr.

    Wkurgc2 V`c Fcevcr \kst 

    P_.CM\NKTMCEV AEF

    ONWA NDVDIAVDKE

    AV&V O AGCW  $1 H DNNDKE  K _CXVDMC  NAYWSDV 

     Apprkxdmatcny 3,

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    23/40   www.BrHaXprt. 87

     w`k arc ekt aoradf tk ik aotcr t`ksc deGkrpkratc Amcrdga w`k ndc, g`cat aefstcan de t`cdr fcandeis wdt` gkesumcrs.

    Wkurgc2 [email protected] 

    AMCXDQSCWV  W CVVNCW  84 G NAWW  AGVDKE  NAYWSDVW 

    V`c Amcrdqucst irkup ko suhprdmcncefcrs `as airccf tk scttnc 84 gnass-agtdke nawsudts anncidei prcfatkryncefdei. V`c irkup `as pncficf $88mdnndke tk rcpay t`ksc aiirdcvcf hkr-rkwcrs, w`dg` ds mcrcny a oragtdke kopaymcets t`cy mafc de prcvdkus sudtshcokrc Amcrdqucst s`ut fkwe as t`cmkrtiaic mcntfkwe hciae. V`ds scttnc-mcet pktcetdanny aoocgts 918,

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    24/4086  www.HaAe.

    V`c pcrskeecn okr t`c rcskrt arrdvcf att`c `uetdei arca at t`c samc tdmc-1

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    25/40   www.BrHaXprt. 83

    matcny 3< gkestrugtdke wkrjcrs wcrcdesdfc t`c hudnfdei ke Ochruary 9t`  s`krtny hcokrc ekke w`ce dt—s hcndcvcft`at a ncaj de kec ko t`c ndecs at t`c ias-odrcf cecriy pnaet diedtcf, hnkwdeiapart mug` ko t`c strugturc. Aut`krd-tdcs `avc naueg`cf a grdmdean devcstdia-tdke detk t`c gausc ko t`c cxpnksdke.

    V`c pnaet, nkgatcf de Mdffnctkwe,

     was hcdei hudn t hy Jncce CecriyWystcms, w`dg` hrkjc irkuef ke t`cprkbcgt ecarny twk ycars aik. Dt wassg`cfuncf tk ik kendec de Buec. Xcpkrts wcrc t`at t`c hnast gkunf hc ocnt mdncsaway. V`c statc fdspatg`cf a okur-pcr-ske Hc`avdkran @cant` Vcam tk `cnpprkvdfc gkuescndei okr t`c oamdndcs, wkrjcrs aef kt`crs aoocgtcf. V`c pkw-croun cxpnksdke hncw apart naric swat`sko t`c ecarny gkmpnctcf ?8

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    26/408?  www.HaAe.

    trugj kggupaet oatandtdcs was deburygauscf hy cbcgtdke aef rknnkvcr w`dg`devknvcf scvcrc gah fcokrmatdke aefkggupaet cetrapmcet. V`c samcrcpkrts gkesdstcetny okuef t`at t`c hcst way tk rcfugc `cavy trugj kggupaetoatandtdcs was tk ce`aegc t`c strugturandetcirdty ko t`c gahs, aef dmprkvcmct`kfs tk rcfugc kggupaet dmpagts

     wdt` t`c detcrdkr suroagcs ko t`c vc`d-gncs. Fcspdtc t`ds kvcrw`cnmdei cvd-fcegc, `cavy trugj gras`wkrt`decssaef gah rkko strceit` ds ekt rciunatcfhy t`c ocfcran ikvcremcet. De gketrast,passceicr gar maeuoagturcrs arcrcqudrcf tk pass mdedmum rkkostrceit` aef gras`wkrt`decss staefarfsokuef de t`c Ocfcran Mktkr _c`dgncWaocty Wtaefarfs.

     Ant`kui` t`c gras`wkrt`decss ko`cavy trugj gahs ds ekt rciunatcf de t`cSedtcf Wtatcs, t`crc `avc hcce okrcdie

    staefarfs de pnagc okr ycars. @cavytrugjs sknf de okrcdie gkuetrdcs arcrcqudrcf tk mcct a vardcty ko gras`wkr-t`decss aef rkko strceit` staefarfsdegnufdei t`c Wwcfds` staefarf aef t`cCGC Xunc 84 staefarf. V`csc okrcdiestaefarfs rcqudrc gah strceit` tcstdeihy statdg aef fyeamdg nkafs. V`csc par-tdgunar tcsts rcqudrc dmpagts tk t`c rkko,rcar ko t`c gah, orket ko t`c gah aef t`c A pdnnars ko t`c gah.

     Apparcetny, de rcspkesc tk t`c kvcr- w`cnmdei rcscarg` fata, Amcrdgae

    `cavy trugj maeuoagturcrs uefcrtkkjt`c „@cavy Vrugj Gras`wkrt`decssWtufy” de gkebuegtdke wdt` t`c Wkgdctyko Autkmktdvc Ceideccrs (WAC) furdeit`c natc 144

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    27/40   www.BrHaXprt. 89

    Hcgausc saocty prktkgkns wcrc vdk-natcf, ndahdndty was csscetdanny ekt aedssuc de t`ds gasc. Nawycrs okr HEWOgketcefcf t`at t`c \nadetdoo gkunf `avcrafdkcf t`c kt`cr trade tk nct t`cmjekw t`at `c was stdnn ke t`c trade. Hutapparcetny t`at was ekt t`c typdganpragtdgc. As a rcsunt, t`c dssuc okr t`c bury rcanny gamc fkwe tk famaics. Fuc

    tk t`c \nadetdoo—s hagj debury, `c ds eknkeicr ahnc tk wkrj okr t`c radnrkaf. @c was 76 at t`c tdmc ko t`c aggdfcet.Xkicr Fcetke, a nawycr wdt` t`c Mds-skurd odrm ko Wg`ndg`tcr, Hkiarf &Fcetke, rcprcscetcf t`c \nadetdoo aeffdf a vcry ikkf bkh.

    Wkurgc2 Nawycrs SWA Kendec 

    ANAHAMA W VAVC  V XKK\CXW  M AJDEI  M KXC  H SW  D EW\CGVDKEW 

     Anahama statc trkkpcrs `avc bkdecf aeatdkewdfc gampadie tk majc passce-icr huscs saocr hy okgusdei ke husfrdvcrs, w`k aggkrfdei tk ocfcran kood-gdans, gauscf ?

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    28/4080  www.HaAe.

    tancetcf at`nctc. Xkeanf Mcrganfk, anawycr wdt` t`c Mcrganfk Naw Odrm deVugske, Ardzkea, rcprcscetcf t`c \nade-tdoo aef fdf a vcry ikkf bkh.

    Wkurgc2 Ardzkea Fadny Wtar 

    $10.3 M DNNDKE  AYAXFCF  D E  F XSEJ  F XD_DEI  G AWC 

     A Gknkrafk mae was awarfcf $10.3mdnndke okr gatastrkp`dg deburdcs `c suo-ocrcf w`ce a frdvcr, fruej ke angk`knaef `di` ke mardbuaea, ncot a mkuetaderkaf aef snammcf detk `dm as `c wasg`aeidei t`c kdn ke `ds wdoc—s gar det`cdr kwe frdvcway. Fdstrdgt Gkurt Bufic Xusscnn Iraeicr, de a hceg` trdan,asscsscf t`c awarf aiadest Jcvde Xusz-jkwsjd, t`c 86-ycar-knf frdvcr: XaefannIuy, t`c kwecr ko t`c Bccp: aef Iuy—sske, Bustde Iuy, 8

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    29/40   www.BrHaXprt. 84

    PP.

    @CANV@GAXC

    DWWSCW

    V @C  V KPDG  W SHWVAEGCW  G KEVXKN AGV  W @KSNF  H C  AMCEFCF 

    Dt—s wdfcny hcndcvcf t`at t`c VkxdgWuhstaegcs Gketrkn Agt (VWGA) ko 149?fkcs ekt afcquatcny prktcgt Amcrdgaesorkm tkxdg g`cmdgans. De t`c 76 ycarssdegc VWGA was ceagtcf, t`c C\A `ashcce ahnc tk rcqudrc tcstdei ke bust 8

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    30/407<  www.HaAe.

    De affdtdke tk t`c fdrcgt `umae`cant` faeicrs ko \A@s de `kusc fust,\A@s `avc hcce okuef tk jdnn mardecndoc aef gausc kt`cr afvcrsc cevdrke-mcetan coocgts de watcrways ecar gkantar scancf pavcmcet. V`ds `appces w`ce partdgncs ko fdrt gketadedei fae-icrkus ncvcns ko \A@s arc fcpksdtcf deecarhy grccjs aef strcams hy radewa-

    tcr rueedei koo parjdei nkts gkatcf wdt`gkan tar scanaets. V`c gdtdcs ko Austde,Vcxas, Yas`deitke F.G., aef Mafdske, Ydsgkesde, `avc haeecf gkan tar scan-aets aotcr odefdei cncvatcf ncvcns ko\A@s de nkgan watcrways.

     Ant`kui` gkan tar scanaets arc mkrcndjcny tk hc okuef de t`c castcre `ano kot`c Sedtcf Wtatcs, Gkeircssmae NnkyfFkiictt (F-VP) ds ganndei okr a eatdke- wdfc hae ko gkan tar scanaets. \avcmcetscanaets mafc orkm asp`ant‖rat`crt`ae gkan tar‖arc rcafdny avadnahnc, bust

    as coocgtdvc, aef arc a saocr antcreatdvctk gkan tar scanaets. Do yku eccf mkrcdeokrmatdke ke t`ds suhbcgt yku gaegketagt G`rds Hkutwcnn, a nawycr de kurodrm, at 0

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    31/40   www.BrHaXprt. 71

    PPDD.

    V@C GKEWSMCX

    GKXECX

    ANAHAMA W @SVW  F KYE  F CHV  W CVVNCMCEV  K \CXAVDKE 

    V`c Anahama Attkrecy Icecran—sKoodgc aef t`c Anahama Wcgurdtdcs Gkm-mdssdke aeekuegcf t`c pcrmaecets`utfkwe nast mket` ko w`at `as hccefcsgrdhcf as kec ko t`c naricst fcht sct-tncmcet sg`cmcs de t`c eatdke. AutauiaGkuety Gdrgudt Bufic Hce Ounncriraetcf t`c statc—s rcqucst okr a pcrma-ecet debuegtdke tk stkp w`at wcrcfcsgrdhcf as fcgcptdvc aef dnncian agtdv-dtdcs hy a nawycr aef `ds gkmpaedcs, Anncirk Naw NNG aef Anncirk OdeaegdanWcrvdgcs NNG. V`c Gkurt—s summary

     bufimcet rundei cstahnds`cf a pcrma-ecet rcgcdvcr aef mafc prkvdsdkes okrt`c rcgcdvcr tk prktcgt aef rcgkvcrrcmadedei rcskurgcs okr t`c hcecodt kot`c Fcocefaets— gndcets.

     Attkrecy Icecran Vrky Jdei aef BkcHkri, Fdrcgtkr ko t`c Anahama Wcgurd-tdcs Gkmmdssdke, odncf a nawsudt scvcemket`s aik w`dg` `antcf kpcratdkesaef orkzc t`c Fcocefaets— asscts w`dnct`c Gkurt rcvdcwcf annciatdkes rciarf-dei „Anncirk—s uendgcescf husdecss, dtsdecoocgtdvcecss de rcfugdei t`c fchts ko

    dts gndcets, aef dts oansc rcprcscetatdkeko t`c scrvdgcs prkvdfcf.” V`c Gkurt—srundei pcrmaecetny prk`dhdts t`cFcocefaets orkm „ceiaidei de aeyourt`cr fcgcptdvc trafc pragtdgcs aeforkm kpcratdei a fcht scttncmcet krfcht maeaicmcet husdecss de Anahama.”Gkmmcetdei ke t`c Gkurt—s rundei, Attkrecy Icecran Jdei `af t̀ ds tk say2

     Ekw t`c Gkurt `as put ae cef tk Anncirk Naw—s dnncian kpcratdke,aef `as stkppcf dt orkm gketdeu- dei tk cxpnkdt t`c gndcets dt pur-  pkrtcf tk scrvc. \ckpnc w`k wcrcde fcspcratc gdrgumstaegcs gamctk Anncirk okr `cnp, aef destcaft`cy suoocrcf ircatcr `arm. Ydt`t`ds rundei, Anncirk wdnn ekt hcannkwcf tk gausc ourt`cr famaic,aef stcps arc hcdei tajce tkrcstkrc as mug` mkecy as pkssd- hnc tk t`c vdgtdms w`ksc trust washctraycf. My koodgc wdnn ekt pcrmdt

    aey pcrske kr husdecss tk kpcratcmassdvc sgams wdt`de kur statc.

     Bkc Hkri, w`k `as hcce a rcan ordcefko Anahama gkesumcrs kvcr t`c ycars,`as hcce rcgkiedzcf eatdkeanny okr `dsikkf wkrj. Bkc `af t`ds tk say ahkutt`c gkegnusdke ko t`ds gasc2

    V`ds agtdke gketdeucs kur fctcr- 

    mdeatdke tk ceokrgc gkmpndaegcwdt` t`c naw de t`c fcht maeaic- mcet defustry. Ydt` t`c gketdeu- dei odeaegdan grdsds aoocgtdei Anahama gdtdzces, t̀ ksc w`k `avcgrcfdt dssucs must garcounny devcs- tdiatc aef uefcrstaef t`c fchtmaeaicmcet sknutdkes hcdeikoocrcf. Hcokrc aey Anahamdaecetcrs detk a gketragt wdt` a fchtrcsknutdke gkmpaey, g`cgj t`cdrndgcesc wdt` t`c Anahama Wcgurd- tdcs Gkmmdssdke—s Xcidstratdke

    Koodgc (0

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    32/4078  www.HaAe.

    gkmpnadets `avc gkmc de t`c past sdxmket`s.

    Wkmc frdvcrs sadf t`cy gkunfe—t stayde t`cdr traoodg naec w`ce stccrdeihcgamc fdoodgunt. Icecran Mktkrs sadfde a statcmcet t`at t`c E@VWA rcvdcwds t`c odrst stcp de ae devcstdiatdke, aeft`at dt wdnn aeswcr qucstdkes orkm t`csaocty aicegy. Aotcr t`c dedtdan rcvdcw,

    t`c gasc wdnn cdt`cr mkvc tk ae ceid-eccrdei aeanysds kr dt wdnn hc gnkscf. Dodef dt mkst fdoodgunt tk scc `kw t`dsdevcstdiatdke gkunf hc gnkscf.

    Wkurgc2 JADV0.gkm

    \ XDEGCWW  AEF  O XKI  \ CEFAEVW  X CGANNCF  O KX  G AFMDSM 

     Yc wrktc ahkut gafmdum, t`c tkxdgmcfan, de rcgcet dssucs ko t`c Xcpkrtaef trdcf tk cxpnade `kw faeicrkus dt

    ds. „V`c \rdegcss aef V`c Orki” pce-faets, w`dg` arc vcry pkpunar, arc ekwhcdei rcganncf hy X`kfc Dsnaef-hascf bcwcnry gkmpaey OAO Deg., hcgausc ko`di` ncvcns ko gafmdum. V`ds ueprcgc-fcetcf agtdke rconcgts gkegcres ko aecmcridei t`rcat de g`dnfrce—s prkfugts.V`c rcgann aoocgts twk prkfugts, ahkut33,

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    33/40   www.BrHaXprt. 77

    gkegcres. A fkzce statcs arc gkesdfcr-dei rcstrdgtdkes t`ds ycar ke hdsp`cekn A, w`dg` mkst ko yku wdnn rcgann ds aecstrkice-ndjc g`cmdgan uscf tk `arfcepnastdgs de prkfugts sug` as hkttncs aefgups. Dt ds ansk de t`c ndedeis ko mctangaes, degnufdei deoaet okrmuna, tk `cnpt`cm wdt`staef `di` stcrdndzatdke tcm-pcraturcs.

     As wc rcpkrtcf, t`c Okkf aef Frui Afmdedstratdke, w`dg` prcvdkusny ganncfH\A saoc, aeekuegcf de Baeuary t`at, dendi`t ko ecw stufdcs, dt `as „skmc gke-gcres” ahkut t`c g`cmdgan—s pktcetdancoocgts ke hrade fcvcnkpmcet kooctuscs, deoaets aef g`dnfrce. Dt fdf ektsay H\A ds uesaoc. V`at aeekuegcmcetaffcf mkmcetum tk t`c cookrts deGkeircss tk „rcstrdgt t`c uscs ko t`dsfaeicrkus g`cmdgan kegc aef okr ann,”says Xcp. Cf Marjcy (F-MA) spkeskr koa pcefdei hdnn tk hae H\A orkm okkf

    aef frdej gketadecrs. Wceatkr FdaeecOcdestcde (F-GA) `as a sdmdnar prkpksande t`c Wceatc.

    Gkegcrecf irkups, degnufdei t`cCevdrkemcetan Ykrjdei Irkup aef t`cEaturan Xcskurgcs Fcocesc Gkuegdn,gdtc stufdcs t`at ndej H\A tk hrcastgaegcr, `cart fdscasc, fdahctcs aefkt`cr `cant` prkhncms. Wtatcs s`kunfict devknvcf sdegc at t`ds buegturc H\Ads ekt ocfcranny rciunatcf. Mkrc parcetsarc gkegcrecf aef mabkr rctadncrs`avc stkppcf scnndei hahy hkttncs wdt`

    H\A. V`at nattcr fcvcnkpmcet ds vcrysdiedodgaet.

    Nast ycar, Gkeecgtdgut aef Mdeecsktapasscf t`c odrst statc haes ke H\A deokkf aef frdej gketadecrs detcefcf okrg`dnfrce aic t`rcc aef ykueicr.G`dgaik aef Wuooknj Gkuety, Ecw Tkrj,tkkj sdmdnar agtdke. Gaeafa hcgamc t`codrst gkuetry tk hae H\A usc de hahyhkttncs. Dt was rcpkrtcf t`at hdnns arcansk pcefdei de Marynaef, Mdsskurd,Ecw Bcrscy, Ecw Mcxdgk, Ecw Tkrj,\ceesynvaeda, _crmket aef Yas`deitke,

    F.G. Dt—s tdmc okr Gkeircss tk pass ncids-natdke tk rcqudrc H\A tk hc rciunatcf. Det`c mcaew`dnc, fuc tk t`c stancmatc deGkeircss, t`c statcs s`kunf gketdeuc wdt` t c̀dr cookrts.

    Wkurgc2 SWA Vkfay 

    W AOCVT  _ DKNAVKXW  Y DNN O AGC  V KSI@  \ CEANVDCW 

    Decz Vcechaum, t`c `caf ko t`c Gke-sumcr \rkfugt Waocty Gkmmdssdke, `as warecf maeuoagturcrs ko g`dnfrce—sprkfugts, sug` as tkys aef grdhs, t`atoadnurc tk rcspkef tk gkmpnadetsqudgjny aef af`crc tk saocty waredeismay rcsunt de tkui` pceantdcs, degnufdeiodecs aef nawsudts. W`c statcf rcgcetnyde a puhndg appcaraegc2

    Yc `avc a ecw, cxpaefcf Gkm- mdssdke. A ecw Gkmmdssdke t`at`as ecw pkwcrs‖aef wc arc ektaoradf tk usc t`cm. Do yku rcsdstkur cookrts tk rcgann g`dnfrce—s prkfugts , hc okrcwarecf, t`dsGkmmdssdke staefs rcafy tk hcgrcatdvc de t`c usc ko kur ceokrgc- mcet aut`krdtdcs.

    Ms. Vcecehaum was rcocrrdei tk t`cGkesumcr \rkfugt Waocty Dmprkvcmcet Agt, w`dg` passcf de 8

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    34/4076  www.HaAe.

    spkrt-utdndty vc`dgncs aef 8

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    35/40   www.BrHaXprt. 73

    mkfcn eumhcrs arc2 1

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    36/407?  www.HaAe.

    hcce vdgtdms. Yc arc okrtueatc tk `avc`dm wdt` us.

    G AXKN W VAENCT  Y KXJW  O KX  VHD _ DGVDMW 

    Kec ko kur cmpnkyccs‖GarknWtaency‖`as hcce wkrjdei vcry `arftk majc oknjs awarc ko `kw pcrskes w`k `avc suoocrcf traumatdg hradedebury (VHD) gae stdnn hc prkfugtdvc gdtd-zces. Garkn, w`ksc ske Baske suoocrcf aVHD, `as hcce majdei ae cookrt tkdmprkvc awarcecss as wcnn as scrvdgcsaef suppkrts okr pcrskes wdt` VHD. Ycarc cxtrcmcny prkuf ko Garkn okr `crdevknvcmcet de t`ds dmpkrtaet arca kogkegcre. W`c `as `cnpcf majc a fdoocr-cegc okr VHD vdgtdms aef t`at—scxtrcmcny dmpkrtaet.

    NAY 

    G ANN

     D W 

     W VDNN

     I CVVDEI 

     NKVW 

     K O 

     AVVCEVDKE 

     Yc arc hcideedei kur scgkef ycar as`kst ko  NawGann , w`dg` ds a wccjny,7

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    37/40   www.BrHaXprt. 79

    t`crc arc anways ouefs avadnahnc okr t`c ecxt nawycr kr bufic deeccf. Nagj ko ouefs s`kunf ecvcrhc a rcaske w`y a nawycr fkcse—t ict apprkprdatc ̀ cnp.

     ANA\ ds assdstcf hy t`c Nawycrs @cnpdei Nawycrs Gkmmdttcc aefdts maey nawycrs aef buficst`rkui`kut t`c statc w`k vknue- 

    tccr tk garry t`c mcssaic tk ocnnkwmcmhcrs ko kur prkocssdke t`atrcgkvcry ds pkssdhnc.

     Xcgcetny, t`c ANA\ `kekrcf t`rccnawycrs w`k `avc fcmkestratcfkutstaefdei gkmmdtmcet tk t`ds prkiram. Bamcs K. Wtaefrdfic(Grkwekvcr & Wtaefrdfic: Vusga- nkksa, Anahama) rcgcdvcf t`c @di`cst Fdst deiuds`cf Wcrvdgc Awarf de rcgkiedtdke ko t`c deeu- mcrahnc ndvcs `c `as tkug`cf

    t`rkui` cegkuraidei aef scnoncssagtdkes. @c `as passcf ke `kpc tkt`c `kpcncss aef cegkuraicmcettk t`c fdsman aef hrkjce. Jdm- hcrny Favdfske (mcmhcr, W`cnhyGkuety Har) was `kekrcf okr `crgkmmdtmcet aef scrvdgc tkwkmce de carny rcgkvcry. W`c`ksts a wkmce—s suppkrt irkup de`cr `kmc cag` wccj, cegkurai- dei wcnnecss aef rcgkvcry, aef`cnpdei wkmce ict t`rkui` t`c s`amc ko affdgtdke. Mkhdnc Har—s

     Magj Hruecr Hdedke DDD (Hrdsj- mae & Hdedke, \.G.: Mkhdnc, Anahama) was rcgkiedzcf okr `dstdmc aef gkmmdtmcet de assdst- dei mcmhcrs ko t`c ncian prkocs-  sdke t`rkui` koocrdei `kpc aef`candei tk mcmhcrs de eccf. Magj `as okrmcf a rcgkvcry suppkr t irkup de Mkhd nc okrnawycrs de rcgkvcry.

    V`aej yku, tk cag` ko yku, okr idvdei ykur tdmc aef tancets tk

    `cnp t`ksc de grdsds.

     Do aey Anahama nawycrs eccfassdstaegc wdt` ae angk`kn krfrui fcpcefcegy prkhncm kr wdt`kt`cr cmktdkean kr strcss-rcnatcfdssucs, kr jekw skmckec w`kfkcs, t`cy gae gketagt t`c ANA\.V`cy arc t`crc tk `cnp. Tku gae odef mkrc deokrmatdke kendec atwww.anahar.kri/anap. Tku gaeansk gann tk spcaj tk skmckec gke- 

     odfcetdanny at 776-076-939?. V`cscganns fk ekt ik t`rkui` t`c Wtatc Har swdtg`hkarf, aef arc gkeod- fcetdan. V`csc eamcs arc ektrcocrrcf okr aey typc ko fdsgdpnde- ary agtdke. Do yku occn yku arc deuricet eccf ko assdstaegc, t`c ANA\ ansk kpcratcs a 86-`kur`cnp ndec at 776-886-?48

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    38/4070  www.HaAe.

     wccjny fcvktdke ncafcrs, scet de aoavkrdtc vcrsc.

    Tku arc t`c sant ko t`c cart`. Hut dot`c sant nkscs dts santdecss, `kw gaedt hc mafc santy aiade; Dt ds eknkeicr ikkf okr aeyt`dei, cxgcpttk hc t`rkwe kut aef trampncf hymce. Tku arc t`c ndi`t ko t`c wkrnf. A gdty ke a ̀ dnn gaeekt hc `dffce.

    Matt`cw 3217-16

    Idhske _aegc, a nawycr de kur odrm, w`k wdnn skke hc t`c \rcsdfcet ko t`c Amcrdgae Asskgdatdke okr Bustdgc, aeatdkean kriaedzatdke mafc up konawycrs w`k fk trdan wkrj ke hc`ano ko vdgtdms, prkvdfcf t`c oknnkwdei vcrsc2

     @umhnc ykursc nvcs , t`crcokrc,uefcr Ikf—s mdi`ty `aef, t`at `cmay ndot yku up de fuc tdmc.1 \ctcr 32? (ED_)

    V`c oknnkwdei vcrsc gkmcs orkm t`cG`rdstdae Ncian Wkgdcty aef dt—s a ikkfkec. Yc gcrtadeny eccf wdsfkm, hut wdt`kut uefcrstaefdei wdsfkm gae hca faeicrkus t`dei. Ncaredei wdt`kutt`c iade ko wdsfkm ds a wastc. Hut aeuefcrstaefdei ko wdsfkm ncafs tk a ounnndoc.

    Ydsfkm ds suprcmc: t`crcokrc ictwdsfkm. V`kui` dt gkst ann yku`avc, ict uefcrstaefdei.\rkvcrhs 629

     Yc rca nny apprcgdatc kur rcafcrstajdei t`c tdmc tk scef de oavkrdtc vcrscs. Yc ansk ict nkts ko gkmmcets ket`ds scgtdke ko t`c Xcpkrt. D hcndcvc dt—sa mkst dmpkrtaet part ko w`at wc scefkut cag` mket`. Do yku wkunf ndjc tksuhmdt a oavkrdtc vcrsc okr ecxt mket`,occn orcc tk fk sk.

    PP_DD.

    GNKWDEI

    KHWCX_AVDKEW

    \ XDFC  NCAFW  V K  AXXKIAEGC  

    My ordcef Xcv. Yantcr Anhrdttke scefskut a mcssaic ke a wccjny hasds t`atanways `as skmc wdsc aef skuefgkuescn. Xcgcetny Yantcr fdsgusscf\rdfc aef Arrkiaegc aef strcsscf t`at

    prdfc gae hc vcry faeicrkus. Hcdeiprkuf ko a ikkf t`dei ds `cant`y, hut Yantcr says t`at pkwcr aef aoo nucegctcef tk prkfugc t`c wrkei jdef koprdfc. Y`ce arrkiaegc tajcs kvcr, apcrske‖rciarfncss ko skgdan staefdeikr pksdtdke‖ds hkuef okr ae cvcetuanoann aef kec t`at gae ict uiny. @umdndtyds a vdrtuc t`at wc s`kunf ann strdvc okr.

     Bcsus ds kur hcst cxampnc ko `kw`umdndty ds t`c gurc okr prdfcoun arrk-iaegc. @umdndty‖as Yantcr put dt‖„gaehc rarc, hut dt ds t`c keny gurc okr t`cuiny arrkiaegc t`at hnkgjs kut rcgcdv-dei t`c spdrdtuan hncssdeis t`at arc avadn-ahnc tk us.” My mama uscf tk tcnn mc w`ce D was vcry ykuei t`at ek pcrskes`kunf cvcr „ict tkk hdi okr t`cdrhrdtg`cs” aef s`c wase—t tanjdei ahkut wcdi`t. My mama was rdi`t aef `crafvdgc ds skmct`dei t`at `as stugj wdt`mc sdegc t`at tdmc aef D pray t`at dt

    stays wdt` mc.

    A H AF  W GCEC  D E  Y AW@DEIVKE 

    D fke—t hcndcvc D `avc cvcr scce atdmc w`ce Gkeircss was sk fdvdfcf kea partdsae hasds as dt ekw ds. V`c Xcpuh-ndgaes de hkt` t`c @kusc aef Wceatc`avc kppkscf cvcry prkiram prkpkscfhy t`c Khama Afmdedstratdke rciarf-ncss ko w`ct`cr t`csc prkirams arcikkf kr haf. De oagt, skmc ko t`c IK\

    mcmhcrs kppksc a prkiram aef t`cecebky t`c hcecodts ko a prkiram hagj`kmc hy tajdei grcfdt okr dt. Wafny, t`cXcpuhndgae \arty keny kppkscs aefkoocrs ek rcan pnaes as antcreatdvcs. V`cKhama Afmdedstratdke de`crdtcf ascrdcs ko scvcrc cgkekmdg prkhncms. Y`dnc ann t`at t`c \rcsdfcet `as prk-pkscf `ase—t hcce ikkf, mkst ko dt `ashcce. V`c IK\ s`kunf at ncast, idvc ̀ dma g`aegc. Hut, t`c \rcsdfcet must anskncaf de `ds gapagdty as kur eatdke—scncgtcf ncafcr.

    Wpdrdtcf fchatc ds anways ikkf aefdt—s dmpkrtaet okr mcmhcrs tk tajc astaef ke prdegdpnc, hut tk kppksccvcryt`dei bust hcgausc t`c prcsdfcetds a Fcmkgrat ds bust pnade wrkei. V`cstancmatc t`at `as rcsuntcf ds ekt ikkfokr kur gkuetry de my kpdedke. V`crcarc tkk maey prkhncms t`at fcmaefsknutdkes. @kpcounny, a spdrdt ko uedtyaef gkmprkmdsc wdnn cvcetuannyrcpnagc t`c mkkf t`at wc ekw `avc de

    kur Eatdke—s Gapdtkn. V`c Amcrdgaepckpnc cxpcgt mkrc orkm kur pkndtdganncafcrs aef t`cy fcscrvc dt.

    A M KEV@NT  X CMDEFCX 

     Aiade, D am degnufdei a vcry sdmpnc,hut pkwcroun, Hdhndgan destrugtdke t`at dst`c savdei iragc okr t`c Sedtcf Wtatcs ko Amcrdga. Y`dnc sdmpnc‖dt—s ansk a mkstfdoodgunt t`dei okr t`c Amcrdgae pckpnc w`k arc G`rdstdaes tk agtuanny put detkpragtdgc. Hut, t`crc rcanny ds ek kt`cr way!

     Do my pckpnc, w`k arc ganncf hymy eamc, wdnn `umhnc t`cmscnvcsaef pray aef sccj my oagc aefture orkm t`cdr wdgjcf ways, t`cewdnn D `car orkm `cavce aef wdnn okridvc t`cdr sde aef wdn n `cant`cdr naef.

    8 G`rkedgncs 9216

    PP_DDD.

    \AXVDEI YKXFW

    D asjcf Ncdi` K—Fcnn, kec ko kurnawycrs de t`c odrm—s Mass Vkrts Wcgtdke,tk wrdtc t`c partdei wkrfs scgtdke t`dsmket`. Okrtueatcny okr kur rcafcrs, s`ciragdkusny airccf tk fk sk.

    ndvdei V _dtrd grdtdae ndo

    Kvcr rcgcet wccjs, D `avc t`kr- kui`ny cebkycf watg`dei t`cYdetcr Knympdgs. Orkm t`c art- dstry ko odiurc sjatdei tk t`c pkwcr ko fkwe`dnn sjd ragcrs tkt`c amazdei trdgjs ko sekwhkarf- crs aef sjd bumpcrs, D `avc hccede awc ko t`c sjdnn, strceit`, grc- atdvdty, aef degrcfdhnc Ikf-idvcetancet ko t`c at`nctcs. As mug` as D

    wds` D gkunf, D jekw t`at de mykwe ndoc D wdnn ecvcr hc ahnc tkmatg` t`cdr ag`dcvcmcets. D fke—t`avc t`c tancet kr tdmc kr kppkr- tuedty. @avc yku cvcr `af t`att`kui`t ahkut aekt`cr hcndcvcr; @avc yku nkkjcf at aekt`crhrkt`cr kr sdstcr de G`rdst aeft`kui`t dt wkunf hc dmpkssdhnc tk`avc t`c gnksc rcnatdkes`dp wdt`t`c Nkrf t`at t`cy `avc; V`aej- 

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    39/40   www.BrHaXprt. 74

     ounny, t`crc ds ek ndmdt ke `kw wcgae irkw de kur rcnatdkes`dp wdt`t`c Nkrf. Yc arc ekt ndmdtcf hytancet kr kppkrtuedty. Cag` ko usgae ndvc t`c vdgtkrdkus G`rdstdaendoc‖wde t`c iknf spdrdtuanny. Hut,as at`nctcs trade aef fdsgdpndect`cmscnvcs de krfcr tk rcag` t`cdrat`nctdg ikans. Yc tkk must trade

     spdrdtuanny de krfcr tk ndvc vdgtkrd- kusny.

    Xcmcmhcr t`c Grkss. Bcsus dekhcfdcegc tk t`c Oat`cr aefhcgausc ko @ds ircat nkvc okr ykuaef mc iavc @ds ndoc de a `krrdhncfcat` ke t`c grkss. Dsada` 37 says,„@c was wkuefcf okr kur traes-  ircssdkes, @c was hrudscf okr kurdedqudtdcs: t`c g`astdscmcet okrkur pcagc was upke @dm, aef hy @ds strdpcs wc arc `cancf.” Y`y;Y`y wkunf Bcsus, t`c Wke ko Ikf,fk t`ds okr yku aef okr mc; „Det`ds t`c nkvc ko Ikf was maed-  ocstcf tkwarf us, t`at Ikf `as scet @ds keny hcikttce Wke detkt`c wkrnf t`at wc mdi`t ndvct`rkui` @dm. De t`ds ds nkvc, ektt`at wc nkvcf Ikf, hut t`at @cnkvcs us aef scet @ds Wke tk hct`c prkpdtdatdke okr kur sdes.” (1 Bk`e 624-1

  • 8/9/2019 The Jere Beasley Report, Mar. 2010

    40/40

    XCVSXE WCX_DGC XCQSCWVCF

    810 GKMMCXGC WVXCCV (7?1