The Jere Beasley Report, Aug. 2007

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  • 8/9/2019 The Jere Beasley Report, Aug. 2007

    1/48

    F k m p g ` i t f a s k w f a ` k k h g t l a s t s g ` o k 3 7 9 7 .

    XFK

    JkcsmkyCmmk`.oal

    J k c s m k y , C m m k ` , O r a w , L k t f v g ` , R a r t g s & L g m k s , R . O . , C t t a r ` k y s c t M c w

    C[I[_X :229

    C @CXGA@CM MCY EGZL MAOCXKH G@ LA@XIALKZW,CMCJCLC

  • 8/9/2019 The Jere Beasley Report, Aug. 2007

    2/48: JkcsmkyCmmk`.oal

    G.

    OCRGXAM

    AJ_KZUCXGA@_

    @ARKZ_A@G_CJAUKXFKMCY

    Xfk lkhgc cttk`tga` rkmctg`i ta tfk

    oa`vgotga`s c`h sk`tk`og`i ae Ha`

    _gkikmlc` c`h Zgofcrh _orusfy fcs`t

    smawkh haw` luof, c`h tfct rkcmmy

    oalks cs `a surprgsk. @kgtfkr gs gt sur-

    prgsg`i tfct tfk sk`tk`og`i c`h sujsk-

    quk`t kvk`ts fcvk rkokgvkh `ctga`cm

    cttk`tga`.Xfkrk gs a`k stra`i lksscik

    eral cmm ae tfgs,c`h tfct gs `a pkrsa` gs

    cjavk tfk mcw. Ajvgausmy, tfct sfaumh

    hkeg`gtkmy cppmy ta cmm pujmgo aeegogcms.

    Xfk sk`tk`og is ae tfksk twa lk` fcvk

    jrc`hkh tfct rumk a` tfk lg`hs ae kvkry

    Cmcjclc ogtgzk`. G cl rkcsa`cjmy oa`eg-hk`t tfct cmm ourrk`t aeegokfamhkrs g` aur

    stctk fcvk iattk` tfk lksscik.Ear tfask

    wfa wkrk prksk`t g` tfk ekhkrcm oaurt-

    raalskkg`i c earlkr iavkr`ar c`h c

    wkcmtfy jusg`ksslc` tcnk` cwcy ta dcgm

    g` sfconmksfch ta jk jatf c sfaong`i

    c`h c sajkrg`i kxpkrgk`ok.

    G cl `at iag`i ta oallk`t a` tfk

    iugmt ar g``aok`ok ae kgtfkr ae tfksk

    lk`, `ar wgmm G oallk`t a` tfk stgee

    sk`tk`oks fc`hkh haw` jkocusk G

    hgh`t cttk`h tfk trgcm ar c`y ae tfk sk`-

    tk`og`i fkcrg`is rkmctkh ta tfk ocsk. G

    wgmm scy, fawkvkr, tfct G jkmgkvk stra`imy

    g` aur dury systkl c`h cmsa n`aw tfct

    Duhik Lcrn Eummkr gs c iaah lc` wfa

    cmsa gs c vkry iaah duhik. Lark glpar-

    tc`tmy, jkocusk G ha`t fcvk c`y egrst-

    fc`h g`earlctga` oa`okr`g`i tfgs

    lcttkr, G wa`t jk c pcrty ta skoa`h-

    iukssg`i wfct fcppk`kh g` tfk oaurt-

    raal ct c`y stcik g` tfk fgifmy

    pujmgogzkh ocsk. Ly n`awmkhik ae wfctfcppk`kh gs mglgtkh ta wfct wcs

    rkpartkh jy tfk lkhgc.Cmtfauif tfct gs

    usucmmy c iaah saurok, wfct wk rkch ar

    fkcr gs `at cmwcys tatcmmy coourctk.

    G` c`y kvk`t, G wgmm scy a my tfct tfk

    oa`vgotga`s c`h sk`tk`oks fc`hkh

    haw` wgmm fcvk c hkeg`gtk keekot a`

    Cmcjclc pamgtgos c`h tfk apkrctga` ae

    stctk iavkr`lk`t ear ykcrs ta oalk. Ge

    c`y iaah oc` oalk eral wfct fcs trc`-

    spgrkh tfus ecr, gt sfaumh jk tfk pcsscik

    ae salk lkc g`ieum oclpcgi` eg`c`ok

    rkearl mkigsmctga`, cs wkmm cs stra`i

    ktfgos mcws ta oa`tram tfk cotgvgtgks ae

    aeegokfamhkrs c`h majjygsts g` tfk euturk,

    jy tfk Cmcjclc Mkigsmcturk. G rkirkt vkry

    luof tfct eclgmgks wkrk furt jy tfk

    wfamk kpgsahk, c`h aur prcykrs ia aut

    ta cmm ae tfk eclgmy lkljkrs wfa wkrk

    ceekotkh jy tfgs lcttkr. [`eartu`ctkmy, G

    suspkot tfct wk fcvk`t fkcrh tfk mcst ae

    tfgs last u`eartu`ctk ofcptkr g` aur

    stctks pamgtgocm fgstary.

    D[_XGOKHKRCZXLK@X_FA[MHOMKCZXFKCGZ

    Xfk [._. Fausk Duhgogcry Oallgttkk

    fcs rkqukstkh tfct tfk Dustgok Hkpcrt-

    lk`t pravghk haoulk`ts g`vamvg`i tfk

    _gkikmlc` praskoutga`.Cooarhg`i ta c`kws rkmkcsk eral tfk oallgttkk ofcgr-

    lc`, fgs oallgttkk gs kxpmarg`i omcgls

    tfct (_gkikmlc`s) rkok`t oa`vgotga`,

    cla`i atfkrs,lcy fcvk jkk` c pcrt ae c

    pcttkr` ae skmkotgvk, pamgtgocm praskou-

    tga`s jy c `uljkr ae [._. Cttar`kys

    corass tfk oau`try.Cs fcs jkk` wghkmy

    rkpartkh, tfk earlkr iavkr`ar fcs

    omcglkh tfct fgs praskoutga` wcs pamgtg-

    ocmmy latgvctkh. Zkok`t cmmkictga`s tfct

    Yfgtk Fausk aeegogcms wkrk cotucmmy

    stkkrg`i hkogsga`s ct tfk Dustgok Hkpcrt-

    lk t fcvk hrcw` cttk`tga` ta tfk

    _gkikmlc` ocsk.

    Earty-eaur earlkr stctk Cttar`kys

    Ik`krcm fch csnkh Oa`irkss ta g`vkstg-

    ictk tfk _gkikmlc` praskoutga`. Jut, gt

    cppkcrs tfct tfgs g`qugry cotucmmy stkls

    eral tfk pc`kms a`iag`i g`vkstgictga`

    g`ta wfktfkr tfk Jusf Chlg`gstrctga`

    egrkh ekhkrcm praskoutars ear pamgtgocm

    rkcsa`s.Cmtfauif, G cl oa`vg okh tfct

    Ncrm Zavk gs ocpcjmk ae hag i c`ytfg i,g`omuhg`i hgrkotg`i gmmgogt trceego ct tfk

    Dustgok Hkpcrtlk`t, G ha`t jkmgkvk tfk

    [._. Cttar`kys aeegok g` La`tialkry

    waumh cmmaw autsghk prkssurk, kvk`

    eral tfk pawkreum c`h rutfmkss Zavk, ta

    jk g`vamvkh g` hkogsga`-lcng`i rkmctg`i

    ta orglg`cm ocsks. Jut, tfk jkst wcy ta

    rksamvk tfk lcttkr gs ta fcvk c` g`hk-

    pk`hk t c`h `a`-pcrtgsc` g`qugry g`ta

    tfk ofcriks c`h oau`tkr-ofcriks. Xfk

    Dustgok Hkpcrtlk`t fcs g`sgstkh tfkrk

    wcs `a pamgtgocm g vamvklk`t c`h G fapk

    tfct wgmm pravk ta jk tfk ocsk.

    [._. Cttar`ky Mkurc Oc`cry rkouskh

    fkrskme eral tfk _gkikmlc` g`vkstgictga`

    g` :22: cetkr fgs mcwykrs oalpmcg`kh tfct

    tfk prajk wcs pamgtgocmmy latgvctkh.

    Jkocusk sfk wcs c` cppag`tkk ae Rrksg-

    hk`t Jusf c`h fkr fusjc`h, Jgmm Oc`cry,

    wcs c Zkpujmgoc` pamgtgocm oa`sumtc`t

    wfa fch warnkh wgtf tfk Jusf Yfgtk

    Fausk, gt wcs tfk prapkr tfg`i ta ha.

    Cmtfauif Jgmm c`h G skmhal cirkk a` pamgt-

    gocm lcttkrs, G oa`sghkr fgl c ergk`h c`h

    G@ XFG_ G__[K

    G. Ocpgtam Ajskrvctga s . . . . . . . . . . . . :

    GG. Mkigsmctgvk Fcppk`g`is . . . . . . . . . . 5

    GGG. Oaurt Yctof . . . . . . . . . . . . . . . . . . 5

    GU. Xfk @ctga`cm _ok`k . . . . . . . . . . . . . 7

    U. Xfk Oarparctk Yarmh . . . . . . . . . . 33

    UG. Oclpcgi` Eg`c`ok Zkearl . . . . . . 38

    UGG. Oa`irkssga`cm [phctk . . . . . . . . . . 38

    UGGG. Rrahuot Mgcjgmgty [phctk . . . . . . . . 3;

    GV. Lcss Xarts [phctk. . . . . . . . . . . . . 37

    V. Jusg`kss Mgtgictga` . . . . . . . . . . . . :;

    VG. G`surc`ok c`h Eg`c`ok [phctk . . . :;

    VGG. Rrkhctary Mk`hg`i. . . . . . . . . . . . . :6

    VGGG. Rrklgsks Mgcjgmgty [phctk . . . . . . . :7

    VGU. Yarnpmcok Fczcrhs. . . . . . . . . . . . ?3

    VU. Xrc spartctga` . . . . . . . . . . . . . . . ??

    VUG. Crjgtrctga` [phctk . . . . . . . . . . . . ?8

    VUGG. Fkcmtfocrk Gssuks . . . . . . . . . . . . . ?;

    VUGGG. K`vgra`lk`tcm Oa okr`s . . . . . . . . ?;

    VGV. Xfk Oa`sulkr Oar`kr. . . . . . . . . . ?9

    VV. Zkocmms [phctk . . . . . . . . . . . . . . . 8:

    VVG. _pkogcm Zkoai`gtga`s. . . . . . . . . . . 88

    VVGG. Egrl Cotgvgtgks . . . . . . . . . . . . . . . . 8;

    VVGGG. _alk Omasg`i Ajskrvctga`s. . . . . . 85

    VVGU. Ly Rcrtg`i Yarhs . . . . . . . . . . . . . 89

  • 8/9/2019 The Jere Beasley Report, Aug. 2007

    3/48JkcsmkyCmmk`.oal ?

    cmsa c lc` ae tfk fgifkst g`tkirgty. G ha`t

    jkmgkvk tfgs lc` waumh rgsn fgs iaah rkp-

    utctga` jy jkg`i g`vamvkh g` tfgs sart ae

    tfg`i rkicrhmkss ae wfct pamgtgocm gssuks

    ar pcrtgks wkrk g vamvkh. Ocrkkr Dustgok

    Hkpcrtlk`t mcwykrs g` La`tialkry

    fc`hmkh tfk praskoutga` ae _gkikmlc`

    c`h _orusfy c`h cppcrk`tmy hgh c vkry

    iaah daj.@kvkrtfkmkss, G jkmgkvk tfct c`

    g`vkstgictga` waumh omkcr tfk cgr c`h ear

    tfct rkcsa` gts c iaah tfg`i.

    _aurok4 Cssaogctkh Rrkss

    @A@KAEXFKCJAUKMKCH_XFKIAR RCON

    C rkok`t `ctga`cm pamm fcs eau`h tfct

    `a`k ae tfk cjavk gs tfk mkchg`i IAR

    prksghk`tgcm oc`hghctk ct tfgs pag`t g`

    tglk.Erc`nmy, tfct haks`t oalk cs luof

    ae c surprgsk wfk` yau maan ocrkeummy ct

    cmm ae tfk Zkpujmgoc` oc`hghctks c`hkxclg`k tfkgr rkspkotgvk rkoarhs c`h

    jconirau`hs. Xwk`ty-tfrkk (:?%)

    pkrok`t ae tfk pkapmk wfa wgmm vatk

    `kxt ykcr scy tfky ha`t mgnk tfk ourrk`t

    egkmh. Xfct gs up eral eaurtkk` (38%)

    pkrok`t g` Du`k,wfgof g` ly apg`ga` gs

    last sgi`gegoc t. Zuhy Igumgc`g,wfa gs c

    rkcm socry ekmmaw, pammkh tfk jkst cla`i

    tfk IAR oc`hghctks ct twk`ty-a`k (:3%)

    pkrok t. Zu``g`i skoa`h ta `a`k ae tfk

    cjavk ct tfgs stcik gs`t c iaah sgi` eartfk earlkr @kw Warn Lcyar.

    Xa chh ta tfk prajmkl, Igumgc g gs

    ru``g`i vgrtucmmy kvk` wgtf Erkh

    Xfalpsa`, c` u`c``au`okh oc`hghctk

    wfa wgmm mgnkmy oa`tg`uk ta rgsk g` tfk

    pamms jkocusk cmm ae tfk atfkrs crk kgtfkr

    hrappg`i aut ar crk ct c vkry maw mkvkm

    ae suppart. Gt haks skkl sartc strc`ik

    tfct c IAR oc`hghctk wgtf cmm ae tfk

    jciicik tfct Igumgc`g fcs oaumh jk tfk

    mkchg`i c``au`okh oc`hghctk ear tfk

    last glpartc`t daj g` tfk warmh.Cmm aetfgs lcy cooau`t ear tfk ecot tfct Lgssgs-

    sgppg Iavkr`ar Fcmky Jcrjaur gs

    famhg`i eu`hrcgskrs aut ae fgs falk

    stctk g` fgs rkkmkotga` jgh.Xfkrk gs cmsa

    salk tcmn tfct aur aw` iavkr`ar, Jaj

    Zgmky, gs jkg`i k`oaurcikh jy salk eamns

    g` Ycsfg`ita` ta tcnk c skoa`h maan ct

    tfk rcok.Yfk` yau oa`sghkr faw wkcn

    tfk IAR egkmh gs, c _autfkr` iavkr`ar

    wgtf c vkry iaah rkoarh oaumh jk c

    vgcjmk cmtkr`ctgvk ta tfk ourrk`t orap ae

    oc`hghctks.

    LAZKIAAH@KY_EZALXFK_RGUKWOC_K

    Cmm taa aetk`, tfk pasgtgvk glpcot tfct

    oalks eral prahuot mgcjgmgty mgtgictga` gs

    gi`arkh jy tfk `kws lkhgc. Ear tfctrkcsa , lc`y pkapmk `kvkr rkcmgzk tfk

    glpartc`ok ae tfk glpcot ae tfgs typk ae

    mgtgictga`.C irkct `uljkr ae tfk scekty

    lkcsurks tfct fcvk jkk` jrauift cjaut

    c`h glpmklk`tkh jy cutalajgmk lc`u-

    ecoturkrs oclk cjaut cs c hgrkot rksumt

    ae mcwsugts.Cmtfauif g`hgvghucm mcwsugts

    g`vamvg`i c hkekotgvk prahuot ha`t

    cmwcys ikt c irkct hkcm ae cttk`tga`, tfct

    gs u`hkrstc`hcjmk.Xfask kvk`ts sglpmy

    ha`t lcnk ear iaah fkchmg ks wfk` sa

    lc`y jch tfg`is crk iag`i a` g` aur

    saogkty. Gt gs ik`krcmmy jch fcppk`g`is

    tfct lcnk tfk giftmy kws.Zkok`tmy, G

    rkokgvkh c mkttkr eral c mcwykr ergk`h,

    Erc`n O.FclYgmsa`, wfa `aw mgvks g`

    @artf Ocramg`c c`h wfa wcs g`vamvkh

    g` c trcotar cooghk`t. Xfgs tkmms faw c

    mcwsugt aur egrl fc`hmkh skvkrcm ykcrs

    cia fch c` keekot a` fgs mgek.Fkrks wfct

    Erc`n fch ta scy4

    G rkok`tmy fch c` cooghk`t a` c

    slcmm ecrl trcotar, c`h G cl vkry

    eartu`ctk ta jk cmgvk. G rammkh cjaut

    ?2 ekkt haw` c 9;-hkirkk kljc`n-

    lk`t c`h mgvkh ta tkmm cjaut gt. Ge

    tfk trcotar fch `at fch c ramm jcr,

    c`h fch G `at jkk` wkcrg`i tfk

    skctjkmt , G cl oa`eghk`t tfct G

    waumh `at fcvk survgvkh.Xfk ramm

    jcr cjsarjkh c trklk`haus

    clau t ae earok, c`h G stcykh g

    tfk skct.

    G fcvk sg`ok tcmnkh ta lc y pkapmk

    wfa fcvk n`aw` atfkrs wfa fcvk

    jkk` g`vamvkh g` sglgmcr trcotar

    cooghk`ts, c`h last ae tfkl hgh

    `at survgvk ar wkrk skvkrkmy

    g`durkh. Last ae tfask trcotars

    kgtfkr wkrk amhkr c`h `at

    kqugppkh wgtf scekty kqugplk`t

    ar gt wcs `at uskh. G`oghk`tcmmy, tfk

    skctjkmt c`h ramm jcr a` ly trcotar

    wkrk g`omuhkh, ct mkcst g pcrt,

    jkocusk ae mcwsugts tfct wkrk egmkh

    cicg`st trcotar lc`uecoturkrs

    salk ykcrs cia.Mcrik vkrhgots c`h

    tfk tfrkct ae euturk vkrhgots earokh

    tfk trcotar g`hustry ta jkig`

    g`omuhg`i tfk scekty kqugplk`t a`

    cmm trcotars, c`h yau wgmm `at eg`h

    c mctkr lahkm trcotar tahcy

    wgtfaut gt. Hkspgtk wfct gs aetk`

    rkpartkh, `at cmm mcwsugts skrvk

    a`my ta mg`k tfk paonkts ae tfask

    g`vamvkh> salk rksumt g` scekr prah-

    uots ear us cmm. G cl imch scekty

    kqugplk`t wcs g`omuhkh a` ly

    trcotar, jkocusk gt warnkh c`h

    fkmpkh scvk ly mgek. G cmsa cl

    tfc`neum ear cmm wfa nkpt lk g`

    tfkgr tfauifts c`h prcykrs, salk

    ae wfal G fcvk `kvkr lkt. Xfky

    warnkh, taa.Xfk jattal mg`k gs4 ge gtfcs c skctjkmt, wkcr gt.

    Avkr tfk pcst skvkrcm ykcrs, G fcvk

    rkokgvkh c `uljkr ae sglgmcr rkspa`sks

    jkocusk ae tfk rksumt g` tfk _pgvky ocsk,

    wfgof wcs c wra`ieum hkctf mcwsugt

    g`vamvg`i c Nujatc trcotar. @at a`my hgh

    tfk _pgvky eclgmy rkokgvk $32 lgmmga`

    eral Nujatc,tfky kxpaskh ta tfk warmh

    faw tfk k`tgrk trcotar g`hustry ct tfk

    tglk wcs rkeusg`i ta put ramm jcrs c`h

    skctjkmts a` ecrl trcotarskvk` tfauiftfk oalpc`gks n`kw tfausc`hs ae

    pkrsa`s wkrk jkg`i ngmmkh g` rammavkr

    cooghk`ts. Jy rkeusg`i ta cirkk ta oa`eg-

    hk`tgcmgty cs c oa`hgtga` ae skttmklk`t

    a` tfk egetf hcy ae trgcm,tfk _pgvky eclgmy

    hgh c skrvgok ta ecrlkrs c`h ecrl eclg-

    mgks kvkrywfkrk. Ge yau ia ta tfk Nujatc

    Ykjsgtk tahcy, yau wgmm skk tfct tfgs

    lc`uecoturkr oa`sghkrs gtskme c mkchkr g`

    rammavkr pratkotga`. Jut ear tfk _pgvky

    ocsk, tfct waumh`t jk tfk ocsk.Nujatc

    lcy fcvk mkh tfk g`hustry g` puttg`i ramm

    jcrs c`h skct jkmts a` tfkgr trcotars, jut

    gt waumh`t fcvk fcppk`kh fch tfk

    _pgvky eclgmy `at egmkh tfkgr mcwsugt c h

    eauift c pawkreum oarparctga` ta tfk

    vkry k`h. Gt taan c irkct hkcm ae oaurcik

    ta rkeusk ta cookpt c $32 lgmmga` skttmk-

    lk`t g` tfkgr wra`ieum hkctf ocsk ge

    tfky fch ta cirkk ta oa`eghk`tgcmgty c`h

    ta c rktur` ae hclcig`i Nujatc haou-

  • 8/9/2019 The Jere Beasley Report, Aug. 2007

    4/488 JkcsmkyCmmk`.oal

    lk`ts.Nujatc eg`cmmy cirkkh ta hrap tfk

    oa`hgtga`s c`h skttmk tfk ocsk, c`h tfk

    rkst gs fgstary. Ls. _pgvky c`h fkr ofgm-

    hrk` fkmh c `kws oa`ekrk`ok c`h tamh

    tfk Nujatc stary.

    Xfkrk crk lc`y atfkr ocsks mgnk tfk

    _pgvky ocsk tfct fcvk fch c pasgtgvk

    glpcot a` prahuot scekty. Cmtfauif

    kvkryjahy prajcjmy rklkljkrs tfk Earh

    Rg`ta ocsk, tfkrk fcs jkk` luof lark

    lkhgc cttk`tga` ta tfk LoHa`cmh oaeekk

    ocsk c`h lark rkok`tmy tfk g`eclaus

    pc`ts ocsk egmkh jy c` chlg`gstrctgvk

    mcw duhik g` Ycsfg ita`,H.O.Oa`sulkr

    iraups c`h mcwykrs wfa rkprksk`t

    vgotgls lust ha c jkttkr daj ae mkttg`i

    tfk pujmgo n`aw cjaut tfk ramk mcwsugts

    pmcy g` jrg`ig`i cjaut scekr prahuots ear

    [._. oa`sulkrs. G n`aw egrst-fc`h tfk

    pasgtgvk keekot tfct mgtgictga` fcs fch.Jut

    G rkcmgzk tfct kvkryjahy haks`t sfcrktfct vgkw.Xfct lust ofc`ik!

    DAKJAZI_RKCN_A[XA@G@UK_XAZOA@OKZ@_

    Daskpf R. Jari, Rrksghk`t ae tfk @artf

    Clkrgoc` _kourgtgks Chlg`gstrctars

    Cssaogctga` (@C_CC), tamh c Oa`irks-

    sga`cm pc`km mcst la`tf tfct cmmawg`i

    pujmgo aeekrg`is ae prgvctk kqugty c`h

    fkhik eu`h lc`ciklk`t egrls wgtfaut

    cppraprgctk rkiumctary pratkotga`s puts

    rktcgm g vkstars ct rgsn. Dak, wfa cs yau

    n`aw skrvks cs tfk Hgrkotar ae tfk

    Cmcjclc _kourgtgks Oallgssga`,stctkh4

    Huk ta c mcon ae trc`spcrk`oy, tfk

    mkvkm ae g`hgvghucm c`h systklgo

    rgsn cttcofkh ta tfksk g`vkstlk`ts

    rklcg`s u`n`aw` ta tfk g`hgvgh-

    ucm g`vkstar. Xfkgr ekk struoturks

    c`h mcon ae eumm hgsomasurk

    ajsourk rkcm rktur`s.Xfk struoturk

    ae tfksk `kw g`strulk ts pmcoks

    g`vkstars g` c vum`krcjmk pasg-

    tga`, sujdkot ta tfk wfgls ae oa`-

    trammg`i pkrsa`s c`h mgtkrcmmy

    wgtfaut rkoaursk. G` mgift ae tfk

    oalpmkxgty c`h u`okrtcg`ty sur-

    rau`hg i tfksk g`strulk`ts, cmmaw-

    g`i tfkl ta jk aeekrkh ta tfk

    pujmgo wgtfaut cppraprgctk rkiu-

    mctary pratkotga`s pasks skrgaus

    rgsns ta g`vkstars.

    Daks rklcrns oclk hurg`i tkstgla`y

    g` c fkcrg`i jkeark tfk [._. Fausk ae

    Zkprksk`tctgvks Oallgttkk a` Avkr-

    sgift c`h Iavkr`lk`t Zkearl _ujoal-

    lgttkk a` Halkstgo Ramgoy.Xfk fkcrg`i

    kxclg`kh tfk passgjmk rgsns prksk`tkh

    ta rktcgm g`vkstars jy tfk rkok`t Jmcon-sta`k Iraup M.R. c`h sglgmcr upoalg`i

    g`gtgcm pujmgo aeekrg`is ae tfk lc`cik-

    lk`t k`tgtgks ae fkhik eu`hs c`h

    prgvctk kqugty eu`hs. G` fgs tkstgla`y,

    Dak ajskrvkh4

    @kw g`vkstlk`ts wgtf fgifmy

    oalpmkx struoturks, apcquk g`vkst-

    lk`t strctkigks, c`h hujgaus prae-

    gtcjgmgty fcvk crrgvkh a` Lcg`

    _trkkt. Rrkogskmy jkocusk ae tfgs

    trk`h, tfk g`vkstar pratkotga`sceearhkh jy stctutks mgnk tfk G vkst-

    lk`t Oalpc`y Cot (GOC) crk lark

    glpartc`t tfc` kvkr.

    Dak tkstgegkh tfct pujmgo aeekrg`is,

    suof cs tfk rkok`t Jmconsta`k GRA, ogr-

    oulvk`t tfk iavkr`c`ok pratkotga`s

    lc`hctkh jy tfk GOC,kvk` tfauif gt gs

    `a ma`ikr c prgvctk g`vkstlk`t

    oalpc y. Ear kxclpmk,u`hkr tfk GOC, c

    eu`h lust fcvk g`hkpk`hk`t hgrkotars

    wfa rkprksk`t tfk g`tkrksts ae pujmgog`vkstars, wfgof gs `at tfk ocsk wgtf

    Jmconsta`k. Xfk skourgtgks mcws ecvar

    sujstc`ok avkr earl c`h hgshcg` struo-

    turks wfask a`my purpask gs ta kvchk

    tfkgr rkcof.G` rkcmgty, jatf prk- c`h past-

    GRA, Jmconsta`k eu`otga`s cs c` g`vkst-

    lk`t oalpc`y tfct kcr`s gts g`oalk

    tfrauif g`vkstlk`ts. Eral c` g`vkstar

    pratkotga` stc`hpag`t, gt gs hgeegoumt ta

    dustgey tfk kxomusga` Jmconsta`k k`days

    eral tfk scekiucrhs lc`hctkh u`hkr

    tfk GOC. Cooarhg`i ta Dak, tfk pujmgo

    pamgoy gssuk gs faw luof rgsn, kvk`

    wfk` hgsomaskh, sfaumh jk trc`sekrrkh

    ta tfk ik`krcm pujmgo.

    _pkcng`i cs Rrksghk`t,Dak klpfcsgzkh

    tfct @C_CC haks `at ajdkot ta cookss ta

    cmtkr`ctgvk g`vkstlk`ts jy rktcgm g`vkstars

    sa ma`i cs tfky crk cooalpc`gkh jy cmm

    cppraprgctk c`h `koksscry g`vkstar pra-

    tkotga`s, rgifts,c`h rklkhgks. Fk scys gt

    oc` a`my jk cooalpmgsfkh jy k`surg`i

    suof g`vkstlk`ts crk aeekrkh pursuc`t ta

    tfk cppraprgctk Cot,chhg`i4

    Clkrgocs rktcgm g`vkstars crk `at

    cooustalkh ta tfk rkcmgtgks ae

    cmtkr`ctgvk g`vkstlk`ts4 partea-

    mgas ae gmmgqugh skourgtgks> tfk usk ae

    sujstc`tgcm mkvkrcik> oa`ok`trctga`ae g`vkstlk`ts> c`h kxokssgvk oal-

    pk`sctga` crrc`iklk`ts hktrg-

    lk`tcm ta tfkgr g`tkrksts.

    @C_CC gs tfk amhkst g`tkr`ctga`cm

    aric`gzctga` hkvatkh ta g`vkstar pratko-

    tga`. Gts lkljkrsfgp oa`sgsts ae tfk

    skourgtgks chlg`gstrctars g` tfk ;2 stctks,

    tfk Hgstrgot ae Oamuljgc, Rukrta Zgoa,

    tfk [._.Ugrig` Gsmc`hs, tfk pravg`oks c`h

    tkrrgtargks ae Oc`chc, c`h Lkxgoa. Gt gs

    iaah ta n`aw tfct c hkhgoctkh pujmgoskrvc`t suof cs Dak Jari gs tfkgr mkchkr.

    _aurok4 @kw Warn Xglks

    KVVA@LAJGMG_XFKYAZMH_LA_XRZAEGXCJMKOAZRAZCXGA@

    Gts prktty ajvgaus tfksk hcys tfct jgi

    agm lkc`s jgi praegts,c`h G ha`t jkmgkvk

    tfct wk fcvk ykt skk` tfk warst. C

    rkok`t rkpart g`hgoctks tfct k`kriy oal-

    pc`gks rumk tfk raast cla`i tfk :229Eartu`k ;22 Imajcm mgstg i. G wcs t sur-

    prgskh ta rkch tfct sgx ae tfk Xap 32

    oalpc`gks jy rkvk`uk a` tfk mgst crk

    pktramkul prahuokrs. Xfrkk lark crk

    tfk oarparctga`s wfask prahuots ru`

    a` icsamg`k, g.k., tfk lcdar cutalcnkrs.

    @kgtfkr wcs G surprgskh ta skk tfct

    Kxxa`Lajgm Oarp, tfk tap agm oalpc`y,

    wcs `uljkr twa a` tfk avkrcmm mgst. G`

    ecot, tfk agm igc t gs cmsa tfk warmhs

    last praegtcjmk oalpc`y, ct $?7.;

    jgmmga` g` :225. @at a`my gs Kxxa`Lajgmpraegtcjmk, gt gs kxtrklkmy pawkreum eral

    c pamgtgocm pkrspkotgvk c`h atfkrwgsk. G

    haujt tfct lc`y eamns cotucmmy rkcmgzk

    faw stra`i tfkgr pamgtgocm pawkr c`h

    g`emuk`ok rkcmmy gs. G oc` tkmm yau egrst-

    fc`h faw stra`i gt gs c`h a`k ae tfksk

    hcys, ge G kvkr wrgtk c jaan, G wgmm g`omuhk

    c ofcptkr a` Kxxa`Lajgm.

    _aurok4 Hcmmcs Jusg`kss Daur`cm

  • 8/9/2019 The Jere Beasley Report, Aug. 2007

    5/48JkcsmkyCmmk`.oal ;

    HKCXF_G@XFKZC@N_AEMCYK@EAZOKLK@XCZKCXXFKFGIFK_XMKUKM

    Xfkrk fcs jkk` c mcrik g`orkcsk g` tfk

    `uljkr ae hkctfs ae mcw k`earoklk`t

    aeegokrs hurg`i tfk egrst sgx la`tfs ae

    tfgs ykcr. C skrgks ae ectcm sfaatg`is gs

    rkspa`sgjmk ear tfgs sch cssksslk`t ae

    wfct aeegokrs fcvk ta ecok. C rkok`t

    rkpart rkvkcms tfct ?7 aeegokrs wkrkngmmkh g` tfk mg`k ae huty cs tfk rksumt ae

    sfaatg`is g` tfk egrst pcrt ae tfgs ykcr.

    Xfct gs sfaong`i `kws c`h G fapk tfgs

    trk`h wgmm `at oa`tg`uk. Ugamk`t orglk

    corass tfk oau`try cppkcrs ta jk tfk

    prglcry ocusk ear tfk g`orkcsk g` sfaat-

    g`is c`h hkctfs.Xfk pujmgo sfaumh jk

    cmcrlkh avkr tfksk `uljkrs, c`h G fapk

    wgmm ikt cotgvkmy g vamvkh g` c lavklk`t

    ta ourj vgamk`t orglk g` aur `ctga`.

    Xfk egrst tfg`i wk oc` ha gs ta

    hklc`h tfct aur pujmgo aeegogcms

    suppart praircls tfct wgmm igvk tfask g`

    mcw k`earoklk`t cmm ae tfk taams `koks-

    scry ta egift orglk keekotgvkmy c`h cs

    scekmy cs passgjmk.Xfk `kxt stkp waumh

    jk ta lcnk Oa`irkss c`h tfk EOO warn

    ta omkc` up tfk tkmkvgsga` praircllg`i

    tfct ekcturks kxtrklk vgamk`ok a` c

    hcgmy jcsgs. Xfask wfa lcnk lavgks

    sfaumh cmsa jk lchk ta omkc` up tfkgr

    cot. G jkmgkvk tfct salk rkcsa`cjmk iu`

    oa`tram lkcsurks sfaumh jk k`cotkhtfct ct mkcst ikt wkcpa`s mgnk csscumt

    rgemks aee tfk strkkts.Yk lust fcvk sk`sg-

    jmk c`h warncjmk rkqugrklk`ts ear tfk

    scmk ae fc`h iu`s c`h rgemks ae cmm ng`hs.

    Jconirau`h ofkons c`h wcgtg`i pkrgahs

    crk c `kokssgty. Eg`cmmy, wk sfaumh pcy

    mcw k`earoklk`t aeegokrs c hkok`t

    wcik.Lc`y aeegokrs fcvk ta warn ct a`k

    ar lark pcrt-tglk dajs dust ta lcnk

    k`hs lkkt kcof wkkn. Xfky c`h tfkgr

    eclgmgks hkskrvk luof lark tfc` wk

    usucmmy pravghk ear tfkl. Gts tglk ear

    tfk pamgtgocm mkchkrs cmm corass tfk

    oau`try ta stkp up ta tfk pmctk c`h

    rkcmmy suppart mcw k`earoklk t!

    MCY_[GXHG_LG__KH

    Xfk mcwsugt wfgof fch jkk` egmkh jy

    Xfk Ofrgstgc` Oacmgtga` ae Cmcjclc

    cicg`st gts amh mkchkr Daf` Igmks wcs hgs-

    lgsskh mcst la`tf. Gt cppkcrs tfk hgeekr-

    k`oks jktwkk` tfk pcrtgks wkrk warnkh

    aut c`h tfcts iaah. G jkmgkvk tfct wcs

    tfk prapkr oaursk ae cotga` c`h fapk-

    eummy tfk skttmklk`t wgmm k`h tfk lcttkr.

    @kgtfkr Hr. Zc`hy Jrg`sa` `ar Daf`

    Igmks lchk c`y oallk`t a` tfk k`hg`i

    ae tfkgr mcwsugt,wfgof gs cmsa vkry iaah

    HKCXFOC_K__KXXMKHH[ZG@IXZGCM

    Aur egrl skttmkh c ocsk g`vamvg`i twa

    hkctfs crgsg`i aut ae c latar vkfgomk oam-

    mgsga` a` tfk skoa`h hcy ae trgcm. Jatf

    aooupc`ts g` c Mg`oam` Xaw` ocr wkrk

    ngmmkh wfk` tfk ocr wcs fgt ct tfk g`tkr-

    skotga` ae twa stctk fgifwcys g` c rurcm

    crkc ae tfk stctk.Xfk oammgsga` aoourrkh

    ct cjaut 64?2 p.l. g` Du`k :22;. Xfk

    hrgvkr ae c trcotar c`h trcgmkr rgi orcsfkh

    g`ta tfk ocr ct tfk g`tkrskotga` ocusg`i

    tfk ocr ta jk mgtkrcmmy tar` g`ta twa skpc-

    rctk pgkoks. Gt wcs fgt sa fcrh tfct tfk

    stkkm erclks a` kcof sghk wkrk pummkh

    cpcrt wfgof gs cmlast glpassgjmk. Xfk

    traapkr wfa g`vkstgictkh tfk g`oghk`t

    scgh gt wcs c vgamk`t orcsf c`h tfk warst

    wrkon fk fch kvkr skk`. Xfk truon

    hrgvkr, wfa wcs omcssgegkh u`hkr tfk

    Hkpcrtlk`t ae Xrc`spartctga` (HAX)

    rkiumctga`s cs c` fcjgtucm spkkhkr,wcstfk a`my wgt`kss ta tfk g`oghk`t. Aur

    cooghk`t rkoa`struotga`gst tkstgegkh tfct

    tfk trcotar-trcgmkr u`gt wcs trcvkmg`i ct 9;

    lpf ct glpcot. G`tkrkstg`imy, tfk hkek`-

    hc`ts kxpkrt put tfk spkkh ct ;; lpf

    c`h cotucmmy ct a`k pag`t tkstgegkh g` hkp-

    asgtga` tfct tfk glpcot spkkh wcs cjaut

    8: lpf.Xfct waumh fcvk jkk` last hge-

    egoumt ta skmm ta c dury kspkogcmmy wfk` gt

    wcs sfaw` tfct tfgs kxpkrt earlkh fgs

    spkkh apg`ga`s wgtfaut kvk` n`awg`i

    wfct tfk hrgvkr fch tkstgegkh cjaut g`hkpasgtga`. G` Ecot, tfk hkek`sk hgh`t

    kvk` n`aw tfct tfk trcotar-trcgmkr rgi fch

    c` CJ_ jrkcng`i systkl.

    Dumgc Jkcsmky, Jayh Yfgifcl, c`h G

    rkprksk`tkh a`k ae tfk eclgmgks c`h

    Hcvgh Oawc`, Zajkrt Rattkr, c`h Xal

    Nkmmy rkprksk`tkh tfk atfkr eclgmy. Aur

    kxpkrts wkrk Jyrc`t Juon`kr (cooghk`t

    rkoa`struotga`) c`h Zaikr Cmmk` (HAX

    rkiumctga`s). Kcof ae tfk kxpkrts hgh c`

    autstc`hg`i daj.Xfk clau`t ae tfk skt-

    tmklk`t gs oa`eghk`tgcm ct tfk rkqukst ae

    tfk hkek`hc`ts. Cmm haoulk`ts tfct

    wkrk ajtcg`kh hurg`i prktrgcm hgsoavkry

    crk `aw u`hkr skcm jy oaurt arhkr c`h

    oc``at jk hgsousskh. Chhgtga`cmmy, tfk

    `clks ae tfk hkek`hc`ts crk cmsa u`hkr

    skcm c`h oc``at jk rkvkcmkh.Yk wkrk

    pmkcskh ta fcvk jkk` cjmk ta rksamvk

    tfgs lcttkr ear aur omgk`ts c`h tfcts

    wfct gs last glpartc`t.

    YZA@IE[MHKCXFOC_KG@UAMUG@IIL_KXXMK_

    Aur egrl skttmkh c wra`ieum hkctf ocsk

    mcst la`tf crgsg`i aut ae c` cutalajgmk

    cooghk`t tfct aoourrkh g` Rkrry Oau`ty,

    Cmcjclc, a` Du`k :5, :22;. Aur omgk`ts

    ectfkr, @ctfc gkm Icry, wcs hrgvg`i c377; Amhslajgmk Outmcss wfk` fgs ocr

    wcs struon jy c :228 Earh E3;2 g` wfct

    wcs jcsgocmmy c` aeeskt era`tcm oammgsga`.

    Lr. Icry hgkh cs c rksumt ae g`durgks fk

    sustcg`kh g` tfk cooghk`t.Xfk hrgvkr ae

    tfk Earh E3;2 wcs g`taxgoctkh c`h fcs

    jkk` ofcrikh wgtf vkfgoumcr falgoghk.

    Lr. Icry wcs prapkrmy wkcrg`i fgs skct-

    jkmt c`h hgh cjsamutkmy `atfg`i ta oa`-

    trgjutk ta tfk cooghk t. Aur cooghk`t

    rkoa`struotga` kxpkrt pmcokh tfk spkkh

    ae tfk Icry vkfgomk ct 5.9 lpf c`h tfk

    spkkh ae tfk Earh E3;2 ct ?7.: lpf.Xfk

    hkmtc U ear tfk Icry vkfgomk wcs :6.:

    lpf. Xfgs wcs oa`egrlkh jy tfk _HL

    haw`mach ae tfk Icry vkfgomk wfgof

    sfawkh c ofc`ik g` vkmaogty ae :9.7

    lpf.Aur omcgl wcs tfct tfk Amhslajgmk

    Outmcss _uprklk, wfgof wcs c IL Y

    ocr, wcs `at orcsfwartfy. Xfkrk wkrk

    salk kxtrklkmy paar hksgi` ofagoks

    lchk jy Ik`krcm Latars oa`okr`g`i tfk

    vkfgomk g`vamvkh g` aur ocsk.Xfk IL Y ocr wcs pcrt ae c oast

    rkhuotga` praircl n`aw` ct Ik`krcm

    Latars cs Rradkot 3622.[`hkr tfgs oast

    rkhuotga` praircl, IL rkhuokh tfk

    avkrcmm prahuotga` oast ae tfk Y ocr jy

    $3622 pkr vkfgomk.C irkct hkcm ae tfk

    oast rkhuotga` wcs cofgkvkh jy rklav-

    g`i c`h/ar tfg``g`i lktcm g` tfk glpcot

    lc`ciklk`t systkl ae tfk vkfgomk,

  • 8/9/2019 The Jere Beasley Report, Aug. 2007

    6/485 JkcsmkyCmmk`.oal

    wfgof orkctkh scekty prajmkls._alk ae

    ILs irkctkst oast rkhuotga` suookss

    wcs wgtf tfk Y ocr.Kvghk`ok ae faw gt

    ceekotkh scekty wcs tfk paar pkrearl-

    c`ok ae tfk Icry vkfgomk g` tfgs oammg-

    sga`. _cekty wcs oalpralgskh jy IL g`

    arhkr ta g`orkcsk praegts c`h tfct sglpmy

    oc`t jk dustgegkh.

    G` tfgs cooghk t,Lr.Icry wcs hkprgvkh

    ae tfk jk`kegt ae fgs skctjkmt c`h cgrjci

    huk ta tfk oammcpsk ae tfk aooupc`t

    oalpcrtlk`t.Xfk oammcpsk wcs c hgrkot

    rksumt ae tfk hksgi` emcws put g` pmcok jy

    IL.Fgs fkch wcs hrgvk` g`ta tfk C pgmmcr

    ae tfk vkfgomk c`h Lr. Icry hgkh cs c

    rksumt ae tfgs lcssgvk trculc ta fgs fkch.

    Xfk aooupc`t survgvcm spcok, wfgof gs

    rkekrrkh ta cs tfk scekty ocik, wcs

    tatcmmy hkstraykh g tfk orcsf. Gt wcs sgi-

    `gegoc`t tfct tfk Y ocr pkrearlkh paarmy

    g` ILs g`tkr`cm tkstg`i. G` ecot, skvkrcmpratatypk vkfgomks hgh `at kvk` lkkt

    tfk oalpc`ys g`tkr`cm stc`hcrhs. Aur

    ng`klctgos kxpkrt scgh tfct fch tfk

    aooupc`t oalpcrtlk`t jkk` prkskrvkh,

    Lr. Icrys skctjkmt c`h cgrjci waumh

    fcvk jkk` cjmk ta pkrearl prapkrmy

    rksumtg`i g` `a mgek-tfrkctk`g`i g`durgks.

    D.R. _cwykr c`h Oamk Rartgs rkprksk`tkh

    Lr. Icrys eclgmy g` tfgs ocsk c`h hgh c`

    autstc`hg`i daj. Xfk ocsk wcs skttmkh

    hurg`i lkhgctga` ear c` clau`t tfct gs

    oa`eghk tgcm. Aur kxpkrts wkrk4 Jryc`t

    Juof`kr (cooghk`t rkoa`struotga`)> Dgl

    Lu`ha (hksgi`)>c`h Hr. Dak Jurta` (aoou-

    pc`t ng`klctgos).Aur egrl fcs fch atfkr

    ocsks g`vamvg`i ILs $3622 praircl c`h

    c`atfkr ocmmkh tfk $:;22 praircl. G`

    kcof ocsk,tfk oalpralgsg`i ae scekty jy

    tfk oalpc`y rksumtkh g` trcigo oa sk-

    quk`oks ear g``aok`t vgotgls.

    GG.MKIG_MCXGUK

    FCRRK@G@I_

    CMMG_S[GKXA@XFKMKIG_MCXGUKEZA@XG@CMCJCLC

    Eamns crk stgmm tcmng`i cjaut tfk ecgm-

    urks ae tfk rkok`tmy oalpmktkh rkiumcr

    skssga` ae tfk Cmcjclc Mkigsmcturk, c`h

    last ae tfk oallk`ts crk `at taa oal-

    pmglk`tcry. Avkr tfk pcst skvkrcm wkkns,

    tfk oa`tg`ug`i egift jktwkk` _k`ctar

    Ofcrmks Jgsfap c`h _k`ctar Mawkmm

    Jcrra` fcs cmsa jkk` c tapgo ae oa`vkr-

    sctga` jatf g` tfk lkhgc c`h ct tfk

    oaeekk sfaps. Eartu`ctkmy, tfkgr egift

    fcs`t iattk` jcon ta tfk pfysgocm sart.

    Last eamns crk dust fcppy ta n`aw tfct

    tfk mkigsmctars crk jcon falk.Cmm ae aur

    Cmcjclc rkchkrs sfaumh k`oaurcik tfkgr

    Fausk lkljkrs c`h _k`ctars ta put

    pcrtgsc` pamgtgos csghk wfk` tfky oalk

    jcon ta La`tialkry ear tfk :226

    rkiumcr skssga`. Jcskh a` wfct G fkcr

    eral eamns G tcmn wgtf, `ajahy wc ts c

    spkogcm skssga` c`y tglk saa`. G` ly

    apg`ga`, ocmmg`i c skssga` ear c`y rkcsa`

    waumh jk c lcdar c`h oastmy lgstcnk.

    XFKRCWHCWMK@HG@IJGMM_ECGMKH

    G ecgmkh ta lk`tga` mcst la tf tfct tfk

    pcyhcy mac` jgmms ecgmkh ta pcss g` tfk

    rkiumcr skssga . Erc`nmy, G rkcmmy wcs`t

    surprgskh jkocusk ae tfk pawkreum maj-

    jyg`i g`emuk`ok tfk mac` sfcrns k`day. G

    fapk tfct pujmgo prkssurk eral pkapmk

    crau`h tfk stctk wgmm eg`cmmy jk k`auif

    ta earok mkigsmctars ta pcss c tauif jgmm

    tfct wgmm rkcmmy rkiumctk c` g`hustry tfctgs tatcmmy aut ae oa`tram. Rkrsa`s wfa

    fcvk ta hkcm wgtf pcyhcy mk`hkrs lust

    jk pratkotkh,c`h tfk Mkigsmcturk fcs c`

    ajmgictga` ta lcnk tfct pratkotga` c

    rkcmgty.

    GGG.

    OA[ZX YCXOF

    OAZRAZCXKEZC[HUKZ_[_EZGUAMA[_MCY_[GX_

    Xfk sa-ocmmkh ogvgm dustgok rkearls tfct

    tfk igc`ts ae Oarparctk Clkrgoc fcvk

    jkk` pusfg`i ear ykcrs, ha `at rkigstkr

    wkmm wgtf vatkrs, cooarhg`i ta tfk

    rksumts ae c rkok`t `ctga`cm pamm. Jut, tfk

    lksscik fcs ha`k kxtrklkmy wkmm wgtf

    salk pamgtgogc`s, kspkogcmmy g` Ycsfg`i-

    ta`, cs wkmm cs wgtf salk g` tfk `kws

    lkhgc. Xfgs pamm rkvkcmkh tfct vatkrs

    warry lark cjaut oarparctk ercuh tfc`

    tfky ha cjaut sa-ocmmkh ergvamaus mcw-

    sugts.Xfk [._. Ofcljkr ae Oallkrok

    c`h atfkr tart rkearl aric`gzctga`s

    fcvk warnkh fcrh c`h spk`t lgmmga`s

    pusfg`i tfkgr c`tg-oa`sulkr cik`hc

    avkr tfk pcst 3; ykcrs. Gt fcs rkskljmkh

    tfk Ofg`ksk wctkr tarturk, c`h gt fcs

    warnkh wgtf salk lkhgc autmkts c`h

    wgtf c iaah `uljkr ae pamgtgogc`s.Xfk

    tart rkearl lavklk`t wcs pmc``kh jy c

    `uljkr ae pkrsa`s, g`omuhg`i Ncrm Zavk

    c`h @kcm Oafk`,c`h fcs jkk` ocrkeummy

    ocrrgkh aut tfrauifaut tfk oau`try.

    Xfk pamm, oa`huotkh jy Rktkr Fcrt

    Zkskcrof Cssaogctks G`o., sfawkh tfct

    twk`ty-eaur (:8%) pkrok`t ae vatkrs

    warry cjaut pkrsa`cm g`dury ar lkhgocm

    lcmprcotgok ocsks rksumtg`i g` taa luofla`ky jkg`i cwcrhkh ta tfk pmcg`tgees

    g` mcwsugts. Fawkvkr, sgxty-eaur (58%)

    pkrok`t scgh tfky wkrk warrgkh cjaut

    oarparctga`s igvg`i fuik scmcrgks c`h

    ja`usks ta OKAs,wfgmk outtg`i tfk dajs

    c`h jk`kegts ae tfkgr klpmaykks. _gxty-

    egvk (5;%) pkrok`t ae vatkrs pammkh scgh

    tfky waumh jk lark mgnkmy ta vatk ear c

    oc`hghctk wfa ecvars pratkotg`i Clkrg-

    oc`s mkicm rgifts c`h strk`itfk`g`i tfk

    ogvgm dustgok systkl sa tfct hkskrvg`i

    g`hgvghucms oc` ikt dustgok, c`h oarparc-

    tga`s crk fkmh cooau`tcjmk c`h g`sur-

    c`ok oalpc`gks crk rkqugrkh ta pcy

    mkigtglctk omcgls tfc` ear c oc`hghctk

    wfa ecvars rkstrgotg i mcwsugts c`h scys

    tfct tfky furt pctgk`t ocrk, hrgvk up ocr

    g`surc`ok,c`h hrgvk dajs avkrskcs wfk`

    haotars c`h Clkrgoc` jusg kss crk

    earokh ta spk`h jgmmga`s ae hammcrs a`

    u``koksscry mkicm jgmms. G jkmgkvk tfask

    eg`hg`is crk last sgi`gegoc`t.Xfkrk crk

    salk g` Oarparctk Clkrgoc wfa wc`tta hkstray tfk dury systkl, jut tfk

    Clkrgoc` pkapmk jkmgkvk g` gt c`h wc`t

    ta prkskrvk gt.

    Yfk` yau put oarparctk ercuh up

    cicg`st c ergvamaus mcwsugt g` c`y pamm,

    tfask survkykh wgmm tkmm yau tfct tfky

    ha t mgnk ercuh.G` ecot, tfk tart rkearl

    lksscik fcs jkk` tfct cmm mcwsugts crk

    ergvamaus c`h tfcts ajvgausmy ecmsk. G`

  • 8/9/2019 The Jere Beasley Report, Aug. 2007

    7/48

    c`y kvk t, gt cppkcrs tfct tfk tart

    rkearlkrs fcvk spk`t lgmmga`sc`h

    atfkr tfc` tfkgr g`emuk`ok wgtf okrtcg`

    pamgtgogc`stfky fcvk mgttmk ta sfaw ear

    tfkgr keearts.

    EKYCLKZGOC@_N@AYYFCXXFKCMKO G_CMMCJA[X

    Xfkrk gs c` aric`gzctga`, tfk Clkrg-

    oc` Mkigsmctgvk Kxofc`ik Oau`ogm

    (CMKO), tfct fcs c` cik`hc tfct waumh

    ocusk oa`okr` ear last Clkrgoc` ogtg-

    zk`s ge tfky a`my n`kw cjaut gt. CMKO

    pravghks lahkm mkigsmctga` ta stctk mkigs-

    mctars, c`h a`k ae tfkgr praircls gs

    cglkh ct imajcm wcrlg`i gssuks. [`ear-

    tu`ctkmy, tfk cik`hc ae CKMO gs ta hgs-

    orkhgt stctk-mkvkm mkigsmctga` cglkh ct

    pravghg`i g`ok`tgvks ta out imajcm

    wcrlg`i pammutga`. Eu`hkh jy eau`hc-tga`s c`h oarparctk irc`ts, CMKO gs c

    lcdar pmcykr g` tfk egift ta ourj imajcm

    wcrlg`i pammutga`, jut u`eartu`ctkmy

    tfky crk a` tfk wra`i sghk.Wau oc` ia

    ta tfk iraups Ykjsgtk c`h yau wgmm eg`h

    cmm sarts ae g`earlctga` hksgi`kh ta

    hgsorkhgt tfask wfa jkmgkvk imajcm

    wcrlg`i gs c rkcm tfrkct ta aur warmh. G

    fch wa`hkrkh wfkrk Dkee _kssga`s iat

    tfk ghkc tfct ocrja` hgaxghk, c jy-

    prahuot ae jur`g i eassgm eukms, wcs

    iaah ear tfk k`vgra`lk`t.

    Dkee tamh aur maocm Ofcljkr ae Oal-

    lkrok ct c lkktg`i c ekw la`tfs cia

    tfct tfk pammutga` eral ocrja` hgaxghk

    wcs cotucmmy c iaah tfg`i jkocusk gt

    lchk trkks iraw ecstkr c`h jkttkr. @aw,

    G rkch wfkrk tfk CMKO fcs fch tfk vkry

    sclk tfauifts.Xfky scy tfct tfk keearts

    ta rkiumctk ocrja` hgaxghk cs c irkk`-

    fausk ics crk fcrleum ta aur koa`aly

    c`h tfk k`vgra`lk`t.Gt waumh jk g`tkr-

    kstg`i ta skk wfkrk tfk CMKO ikts gtseu`hg`i. Gt gs ceegmgctkh wgtf tfk CMKO

    Eau`hctga` c`h omcgls ta fcvk ?,222

    stctk mkigsmctars, 62 lkljkrs ae Oa -

    irkss, c`h 3: iavkr`ars cs lkljkrs. Gt

    cmsa fcs ?22 oarparctk lkljkrs tfct

    pcy huks. G`oghk`tcmmy, CMKO fcs cmsa

    rkokgvkh cjaut $3.? lgmmga` eral

    Kxxa`Lajgm.

    OMKZIWCJ[_K_KXXMKLK@XCRRZAUKH

    C duhik fcs cppravkh c $552 lgmmga`

    skttmklk`t jktwkk` tfk Zalc` Octfamgo

    Crofhgaoksk ae Mas C`ikmks c`h vgotgls

    ae omkriy skx cjusk. G` cppravg`i tfk

    skttmklk`t, tfk duhik ajskrvkh4Xfgs gs

    tfk rgift rksumt.Xfk skttmklk`t gs jy ecr

    tfk mcrikst pcyaut jy c`y hgaoksk sg`ok

    tfk omkriy cjusk soc`hcm klkrikh g`Jasta` g` :22:. G`hgvghucm pcyauts, ta

    jk lchk jy Hkokljkr 3st, wgmm vcry

    cooarhg`i ta tfk skvkrgty ae kcof ocsk.

    C` cpamaiy wcs gssukh jy Ocrhg`cm

    Zaikr Lcfa`y cetkr tfk skttmklk`t wcs

    c``au`okh c`h tfct wcs c iaah tfg`i.

    Cmm ;26 ocsks tfct rklcg`kh cicg`st

    tfk crofhgaoksk, wfgof cmsa pcgh $52

    lgmmga` g` Hkokljkr ta skttmk 8; ocsks

    tfct wkrk`t oavkrkh jy skxucm cjusk

    g`surc`ok, crk g`omuhkh g` tfgs skttmk-lk`t cirkklk`t. Xfksk skttmklk`ts

    pusf tfk tatcm clau t pcgh aut jy tfk

    [._. ofurof sg`ok 37;2 ta lark tfc` $:

    jgmmga`.Rrkvgausmy, tfk Mas C`ikmks crof-

    hgaoksk, gts g`surkrs, c`h vcrgaus Zalc`

    Octfamgo arhkrs fch pcgh lark tfc`

    $338 lgmmga` ta skttmk 65 omcgls.

    _kvkrcm atfkr rkmgigaus arhkrs g` Ocmg-

    ear`gc fcvk cmsa rkcofkh lumtglgmmga`-

    hammcr skttmklk`ts g` rkok`t la`tfs,

    g`omuhg`i tfk Ocrlkmgtks, tfk Erc`ogs-

    oc`s,c`h tfk Dksugts.Ly prcykr gs tfct cmmae tfgs sart ae tfg`i fcs oalk ta c`h

    k`h. Xfk mcst pmcok c`y pcrk`t sfaumh

    fcvk ta jk oa`okr`kh cjaut tfkgr ofgm-

    hrk`s scekty c`h wkmm-jkg`i gs g` c

    ofurof.Xfkrk crk c `uljkr ae mkssa`s

    ta jk mkcr`kh eral tfgs soc`hcmaus

    kpgsahk g` aur `ctga`s fgstary, c`h tfct

    gs, ofgmhrk` lust jk pratkotkh eral

    skxucm prkhctars. C`y pkrsa` put g` c

    pasgtga` ta fcvk cookss ta ofgmhrk` lust

    jk ofkonkh aut ocrkeummy c`h la`gtarkh

    oa`stc tmy g` salk lc``kr. G cl surk

    tfct tfk ofurofks ae Clkrgoc fcvk

    mkcr`kh tfgs mkssa`. [`eartu`ctkmy, tfk

    mkssa` mkcr`kh oclk a`my cetkr tfk

    g`emgotga` ae c irkct hkcm ae furt, lgskry,

    c`h hgstrkss. Gts `aw tglk ta put tfgs

    lcttkr jkfg`h us!

    _aurok4 Cssaogctkh Rrkss

    FGIF-MAYCIZKKLK@X_CZK[_KHJWRCZXGK_G@MCY_[GX_

    Gt fcs jkoalk ecgrmy oalla` ear

    pcrtgks g` mgtgictga` ta cirkk ta wfct gs

    rkekrrkh ta cs c fgif-maw cirkklk`t.

    Xfask cirkklk`ts crk hksgi`kh ta igvk c

    mkvkm ae pratkotga` ta jatf sghks ae c mkicm

    hgsputk tfct gs iag`i ta c trgcm. @arlcmmy,

    suof c` cirkklk`t gs lchk jktwkk` cpmcg`tgee c`h cmm hkek`hc`ts. Jut, ecgr`kss

    hgotctks tfct cmm pcrtgks g`vamvkh g` c

    lumtg-hkek`hc`t mgcjgmgty cotga` lust jk

    `atgegkh wfk` a`my a`k ae tfkl rkcofks

    c fgif-maw cirkklk`t wgtf c pmcg`tgee ta

    ocp tfct hkek`hc`ts kxpasurk g` tfk

    kvk`t ae c` chvkrsk dury cwcrh rumg`i.

    Xfk @kw Warn Oaurt ae Cppkcms, g` c

    rkok`t hkogsga`, rumkh a` suof c` cirkk-

    lk`t g` c ocsk g`vamvg`i lark tfc` a`k

    hkek`hc`t. Xfk @kw Warn Oaurt stctkh

    tfct a`k ae tfk hkek`hc`ts wcs hkprgvkh

    ae gts rgift ta c ecgr trgcmjkocusk gt hgh

    `at n`aw gts oa-hkek`hc`t g` c` csjkstas

    kxpasurk ocsk fch rkcofkh c fgif-maw

    cirkklk`t wgtf tfk pmcg`tgee.

    Xfk cppkcms oaurt arhkrkh c `kw trgcm

    ear tfk hkek`hc`t `at c pcrty ta tfk

    cirkklk`t. Yfk`kvkr c pmcg`tgee c`h c

    hkek`hc`t k`tkr g`ta c fgif-maw cirkk-

    lk`t g` c lumtg-hkek`hc`t cotga`, c`h

    tfk cirkklk`t rkqugrkh tfk cirkkg`i

    hkek`hc`t ta rklcg` c pcrty ta tfk mgtgic-tga`, tfk pcrtgks lust hgsomask tfk kxgs-

    tk`ok ae tfct cirkklk`t c`h gts tkrls ta

    tfk oaurt c`h kcof ae tfk `a`-cirkkg`i

    hkek`hc`ts.Xfgs hkogsga` gs ecgr c`h dust

    c`h sfaumh jk tfk rumk g` cmm oaurts. Gt gs

    ajvgausmy u`ecgr ear hkek`hc`ts wfa crk

    `at c pcrty ta tfk fgif-maw cirkklk`t

    ta ia tfrauif c trgcm wgtf c`atfkr hkek`-

    hc`t tfct fcs mglgtkh mgcjgmgty.Xrgcm strct-

    kiy ear tfk `a`-cirkkg`i hkek`hc`t

    waumh vkry mgnkmy jk ceekotkh.

    C fgif-maw cirkklk`t iucrc`tkks c

    pmcg`tgee c rkoavkry rkicrhmkss ae tfk

    durys vkrhgot. Ear kxclpmk, ge c durys

    cwcrh oalks g` ear tfk maw clau`t ar

    lark,jut `at avkr tfk fgif clau`t, tfk

    pmcg`tgee waumh ikt tfk clau`t cwcrhkh.

    G` atfkr warhs, tfk pmcg`tgee waumh ikt

    tfk cotucm clau`t ae tfk dury vkrhgot ge

    tfk cwcrh wcs jktwkk` tfk maw c`h

    fgif `uljkrs.Xfk hkek`hc`ts mgcjgmgty

    JkcsmkyCmmk`.oal 9

  • 8/9/2019 The Jere Beasley Report, Aug. 2007

    8/486 JkcsmkyCmmk`.oal

    waumh jk mglgtkh ta tfk fgif `uljkr ge

    tfk vkrhgot kxokkhkh tfk fgif `uljkr.

    Ge tfk dury rktur`kh c vkrhgot ear tfk

    hkek`hc`t, tfk pmcg`tgee waumh stgmm ikt

    tfk maw `uljkr.Xfk dury gs `at lchk

    cwcrk ae tfk kxgstk`ok ae c fgif-maw

    cirkklk`t ear ajvgaus rkcsa`s.

    G` tfk @kw Warn ocsk, tfk trgcm oaurts

    ecgmurk ta hgsomask tfk kxgstk`ok ae tfk

    fgif-maw cirkklk`t rk`hkrkh glpassg-

    jmk c ecgr hktkrlg`ctga` ae tfk `a`-

    cirkkg`i hkek`hc`ts rgifts c`h

    mgcjgmgtgks. Xfk oaurt stctkh tfct tfk

    hkek`hc`t wcs oalpkmmkh ta praokkh

    jmg`hmy ta trgcm wgtfaut c`y lkc`g`ieum

    appartu`gty ta hkek`h gtskme eral tfk

    hkmktkrgaus keekots tfct tfk skorkt cirkk-

    lk t lcy fcvk fch a` gts hkek`sk. G

    jkmgkvk tfct tfgs rumg`i wcs ecgr c`h rkc-

    sa`cjmk.Xfk `kw trgcm g` tfct ocsk wgmm

    g`vamvk a`my tfk pmcg`tgee c`h tfk `a`-cirkkg`i hkek`hc`t.

    _aurok4 @kwWarn Mcw Daur`cm

    YKL[_XNKKRXGZKHXZ[ONKZ_AEEXFK@CXGA@_FGIFYCW_

    C ekhkrcm cppkcms oaurt fcs cicg`

    struon haw` c Jusf chlg`gstrctga` rki-

    umctga` tfct g`orkcskh jatf tfk oa`skou-

    tgvk faurs c`h tfk wkknmy faurs tfct

    truon hrgvkrs crk pkrlgttkh ta hrgvk

    wgtfaut rkst.Xfk [._. Oaurt ae Cppkcms

    ear tfk H.O.Ogrougt ear tfk skoa`h tglk

    sghkh wgtf Rujmgo Ogtgzk` c`h rumkh tfct

    tfk Ekhkrcm Latar Ocrrgkr _cekty Chlg`-

    gstrctga`s (ELO_C) faurs-ae-skrvgok rumk

    ear truonkrs, gssukh g` Cuiust :22;,

    oaumh put latargsts ct rgsn. Mgnk tfk

    `kcrmy ghk tgocm rumk gssukh jy ELO_C g

    Cprgm :22?wfgof tfk oaurt u`c`g-

    lausmy struon haw` g :228 tfk :22;

    rumk hrclctgocmmy g`orkcskh jatf tfk

    oa`skoutgvk `uljkr ae faurs tfcttruonkrs lcy hrgvk jkeark tcng`i c rkst

    c`h tfk tatcm `uljkr ae faurs truonkrs

    lcy hrgvk pkr wkkn.

    Rujmgo Ogtgzk`s skoa`h mcwsugt

    cicg`st ELO_C ofcmmk`ikh tfksk sclk

    twa cspkots ae tfk :22; rumk4 c pravg-

    sga` tfct cmmawkh truon hrgvkrs ta hrgvk

    ear 33 oa`skoutgvk faurs jkeark tcng`i

    rkst tglk, g`orkcskh eral tfk amh rumk ae

    32 faurs> c`h c pravgsga` wfgof

    cmmawkh hrgvkrs ta rkstcrt tfkgr wkknmy

    tcmmy ae faurs cetkr tfky fch tcnk` c

    jrkcn cs sfart cs ?8 faurs. Xfk ?8-faur

    rkstcrt cmmawkh truonkrs ta hrgvk 99

    faurs g` skvk` hcys ar 66 faurs g` kgift

    hcysc lark tfc` :;% g`orkcsk avkr

    tfk prk-:22? rumks. A`-huty faurs

    hurg`i wfgof truonkrs lcy hrgvk cmsa

    omgljkh, sa tfct c hrgvkr warng`i 38-

    faur sfgets u`hkr tfk `kw rumks oc`

    `aw warn cs lc`y cs 68 faurs g` skvk`

    hcys ar 76 faurs g` kgift hcystfk

    mcttkr c 82% g`orkcsk avkr tfk amh mglgts.

    Xfk mcwsugt cmsa orgtgogzkh tfk cik`oys

    rkiumctary glpcot c`cmysgs uskh ta

    dustgey tfksk ofc`iks. ELO_C orkctkh c

    `kw lahkm g` rkspa`sk ta tfk oaurts

    :228 hkogsga` strgng`i haw` tfk :22?

    rumksuppaskhmy ta tcnk g`ta cooau`t

    tfk g`orkcskh rgsn cssaogctkh wgtfhrgvg`i ma`ikr faurswgtfaut pravgh-

    g`i c`y `atgok ar appartu`gty ear pujmgo

    oallk`t.

    Xfk tfrkk-duhik pc`km cirkkh wgtf

    Rujmgo Ogtgzk` tfct tfk cik`oy hgh `at

    pravghk c`y appartu`gty ear `atgok c`h

    oallk`t a` gts `kw lahkm ar kxpmcg`

    tfk lktfahamaiy c`h cssulptga`s tfct

    u`hkrmcy gt. Xfk oaurt cmsa ecumtkh tfk

    cik`oys lahkm ear ecgmg`i ta hkcm wgtf

    tfk prajmkl ae tfk chhkh oulumctgvk

    ectgiuk tfct waumh jk ocuskh jy tfk ?8-

    faur rkstcrt, wfgof pkrlgttkh sgi`geg-

    oc`tmy irkctkr faurs ae hrgvg`i pkr

    wkkn. Xfk oaurt struon haw` tfk par-

    tga`s ae tfk rumk tfct pkrlgttkh tfk

    kmkvk`tf faur ae hrgvg`i c`h tfk ?8-

    faur rkstcrt. Oa`irkss arhkrkh ELO_C

    ta lcnk scekty gts fgifkst prgargty c`h ta

    rkvgsk tfk faurs-ae-skrvgok rumks ta

    hkorkcsk ectgiuk-rkmctkh truon orcsfks. Gt

    cmsa ofcrikh tfk cik`oy wgtf tfk ajmgic-

    tga` ta scekiucrh truon hrgvkrs fkcmtf.Gts fgif tglk ear ELO_C ta lcnk scekty

    gts tap prgargty. Gssug`i rkiumctga`s tfct

    hrclctgocmmy g`orkcskh hcgmy c`h wkknmy

    hrgvg`i c`h warng`i faurs gs iag`i g`

    tfk wra`i hgrkotga`.

    Kcof ykcr lark tfc` ;,222 pkapmk crk

    ngmmkh c`h lark tfc` 332,222 crk

    g`durkh g` mcrik truon orcsfks. Xruon

    hrgvkr ectgiuk gs c lcdar oa`trgjutar ta

    skvkrk orcsfks. Lc`y stuhgks fcvk

    sfaw` tfct truon hrgvkr cmkrt`kss c`h

    pkrearlc`ok jkig` ta hc`ikrausmy hktk-

    rgarctk cetkr cjaut kgift faurs ae oa`-

    skoutgvk hrgvg`i. Cetkr kgift faurs ae

    hrgvg`i, tfk rgsn ae c truon hrgvkr fcvg`i

    c orcsf jkig s ta g`orkcsk rcpghmy.Xfk

    pujmgo waumh jk autrcikh avkr ELO_Cs

    pkrearlc`ok ge tfky n`kw wfct gs iag`i

    a`. Gts c`atfkr kxclpmk ae wfkrk tfk

    Jusf Chlg`gstrctga` fcs gts prgargtgks

    wfk` gt oalks ta tfk fkcmtf c`h

    wkmecrk ae tfk Clkrgoc` pkapmk, aut ae

    ngmtkr. _cekty a` aur fgifwcys sfaumh jk

    kxtrklkmy glpartc`t ear c`y chlg`gstrc-

    tga`. C ekhkrcm oaurt fcs a`ok cicg`

    igvk` spkogego g`struotga` ta ELO_C.

    Mkts skk faw tfky rkspa`h.

    _aurok4 Rujmgo Ogtgzk` @kws Zkmkcsk

    _[HC@AZHKZKHXARCW$6 LGMMGA@XAOAMKUGOXGL_ ECLGMGK_

    C ekhkrcm duhik fcs arhkrkh _uhc` ta

    pcy `kcrmy $6 lgmmga` ta tfk eclgmgks ae

    39 scgmars ngmmkh g` tfk :222 tkrrargst

    cttcon a` tfk [__ Oamk.Xfk eclgmgks fch

    sauift $32; lgmmga , jut jkocusk ae c

    vkry jch mcw, [._. Hgstrgot Duhik Zajkrt

    I. Haulcr arhkrkh _uhc` ta pcy a`my

    $9.75 lgmmga . Duhik Haulcr cppmgkh

    tfk Hkctf a` tfk Fgif _kcs Cot, wfgof

    pkrlgts oalpk`sctga` ear koa`algo

    massks,jut `at ear pcg` c`h sueekrg`i. G`

    fgs rumg`i, Duhik Haulcr wratk4

    Gt gs hkprkssg`i ta rkcmgzk tfct c

    oau`try aric`gzkh a` c rkmgigaus

    jcsgs wgtf rkmgigaus rumk ae mcw

    oaumh c`h waumh kxkoutk gts pawkr

    ear purpasks wfgof last oau`trgks

    waumh eg`h g`tamkrcjmk c`h mactf-

    salk. Gt gs c eurtfkr trcikhy tfct

    tfk mcws ae tfk [`gtkh _tctks, g`

    tfgs g`stc`ok, pravghk `a rklkhy

    ear tfk psyofamaigocm c`h kla-

    tga`cm massks sueekrkh jy tfk sur-

    vgvars.

    Xfk eclgmgks coouskh _uhc`s iavkr`-

    lk`t ae pravghg`i suppart, g`omuhg`i

    la`ky c`h trcg`g`i, tfct cmmawkh Cm-

    Sckhc ta cttcon tfk Oamk wfgmk gt wcs g`

    tfk fcrjar ae Chk`,Wklk`, a` Aotajkr

  • 8/9/2019 The Jere Beasley Report, Aug. 2007

    9/48JkcsmkyCmmk`.oal 7

    3:,:222. G` Lcrof, Duhik Haulcr eau`h

    tfk Cergoc` oau`try mgcjmk ear tfk cttcon

    a` tfk `aw-rkpcgrkh @cvy hkstraykr. Fgs

    mctkst rumg`i rkceegrlkh tfask eg`hg`is.

    _uhc` fch sauift u`suooksseummy ta

    hgslgss tfk mcwsugt a` tfk irau`hs tfct

    taa luof tglk fch pcsskh jktwkk` tfk

    jaljg`i c`h tfk egmg`i ae tfk mcwsugt g`

    :228. Mcwykrs rkprksk`tg`i tfk

    _uhc`ksk iavkr`lk`t hgh`t aeekr

    apk`g`i stctklk`ts ar omasg`i criu-

    lk`ts. G` ecot, tfky hgh`t kvkr qukstga`

    c`y wgt`kssks. Gt waumh `aw jk up ta

    tfk mcwykrs ear tfk eclgmgks ta oammkot

    tfk hclciks cwcrhkh eral _uhc`s

    csskts tfct fcvk jkk` erazk` g` tfk

    [`gtkh _tctks.Yfgmk tfk rksumt gs iaah,

    Duhik Haulcrs fc`hs wkrk tgkh jy tfk

    kxgstg`i mcw tfct mglgtkh tfk clau`t ae

    hclciks tfct fk oaumh cwcrh ear tfk 39

    hkctfs.Xfct gs last u`eartu`ctk ear tfkeclgmgks ae tfk vgotgls.

    _aurok4 O@@.oal

    HKEK@_KUKZHGOXG@HZ[LLA@HOC_K

    Xfk dury g` tfk ocsk cicg`st Cmcjclc-

    jcskh Hrulla`h Oacm rktur`kh c

    hkek`sk vkrhgot a` Dumy :5tf. Wau wgmm

    rkocmm tfk ocsk, g`vamvg`i tfk ngmmg`i ae

    tfrkk u`ga` mkchkrs g` Oamaljgc, wcs

    skk` cs c tkst ae wfktfkr oalpc`gks oc`jk fkmh rkspa`sgjmk g` [._.oaurtraals

    ear tfkgr oa`huot avkrskcs.Xfk vkrhgot

    oclk cetkr twa wkkns ae tkstgla`y g`

    tfk ogvgm mcwsugt cicg`st Hrulla`h Mth.

    c`h Dglg`kz, gts prksghk`t g` Oamaljgc.

    Hrulla`h Mth. gs c hgvgsga` ae tfk prg-

    vctkmy aw`kh Hrulla`h Oa. G`o.,

    wfgof wcs hgslgsskh cs c hkek`hc`t

    jkeark tfk trgcm jkic`. Jatf oalpc`gks

    crk jcskh g` Cmcjclc.

    Zkmctgvks ae tfk hkch lk` c`h tfkgr

    u`ga` egmkh sugt coousg`i Hrulla`h aecrrc`ig`i tfk ngmmg`i ae tfk mcjar mkchkrs

    jy pcrclgmgtcry earoks g` Oamaljgc g`

    :223.Xfk oalpc`y hk`gkh c`y g`vamvk-

    lk`t wgtf tfk smcyg`is ar wgtf lgmgtgc

    earoks g` tfk _autf Clkrgoc` `ctga`,

    wfkrk gt apkrctks c fuik surecok lg`k.

    Xfk sugt wcs tfk egrst ta ia ta trgcm

    cicg`st c [._. oarparctga` u`hkr tfk

    Cmgk` Xart Omcgls Cot, c 3967 mcw, pcsskh

    ta egift pgrcoy, tfct mkts earkgi`krs egmk

    sugt g` ekhkrcm oaurt ear cmmkikh wra`i-

    hag`i avkrskcs.

    Duhik Ncra` Jawhrk tamh tfk dury

    tfct g` arhkr ta wg`, tfk eclgmgks c`h

    u`ga` fch ta pravk Hrulla`h n`aw-

    g`imy cghkh tfk ngmmkrs c`h oallgttkh

    wfct clau`ts ta c wcr orglk g` Oamal-

    jgc. Atfkr [._. oalpc`gks fcvk jkk`

    coouskh ae fcvg`i tgks ta lgmgtgcs,wfgof

    crk gmmkicm u`hkr Oamaljgc mcw c`h oa`-

    sghkrkh tkrrar iraups jy tfk [`gtkh

    _tctks. C oa`irkssga`cm sujoallgttkk

    fkmh c fkcrg`i g` Du`k g`ta tfk Oamal-

    jgc` hkcmg`is ae Hrulla`h c`h Ofgq-

    ugtc Jrc`hs G`tkr`ctga`cm G`o. Cs G

    u`hkrstc`h gt, Ofgqugtc chlgttkh pcyg`i

    pcrclgmgtcrgks $3.9 lgmmga` g` pratkotga`

    la`ky jkig``g`i g` 3779 c`h tfk

    Dustgok Hkpcrtlk`t eg`kh tfk oalpc`y

    $:; lgmmga` ear lcng`i tfk pcylk`ts.Lark tfc` 622 u`ga` lkljkrs fcvk

    jkk` ngmmkh g` Oamaljgc g` tfk mcst sgx

    ykcrs, cooarhg`i ta iavkr`lk`t egiurks,

    lcng`i gt tfk warmhs last hc`ikraus

    oau`try ear mcjar.Xfus ecr, a`my c ekw ae

    tfk ngmmg`is fcvk jkk` samvkh. Jut g` tfgs

    ocsk tfk Hrulla`h Oalpc`gks wkrk

    eau`h `at iugmty.Xfk pmcg`tgees mcwykrs

    scy tfky wgmm cppkcm.

    _aurok4 Cssaogctkh Rrkss

    GU.

    XFK @CXGA@CM

    _OK@K

    XFK_XCXKAEA[Z@CXGA@

    Xfk stctk ae aur `ctga` gs `at sa iaah

    wfk` yau oa`sghkr faw ecr aur `ctga`

    fcs smgppkh avkr tfk pcst sgx ykcrs. Gts c

    oryg`i sfclk tfct tfk ekhkrcm iavkr`-lk`t fcs jkk` ru` g` c lc``kr tfct sctgs-

    egkh c` cik`hc tfct wcs skt jy tfk igc`ts

    ae Oarparctk Clkrgoc hurg`i tfk sgx

    ykcrs ae Jusf-Ofk ky rumk.Yfgmk tfk agm,

    g`surc`ok c`h pfcrlcokutgocm g`hustrgks

    fcvk jk`kegtkh irkctmy hurg`i tfgs tglk,

    last Clkrgoc`s fcvk `at ha`k sa wkmm.

    G` ecot,lc`y crk rkcmmy furtg`i cs c rksumt

    ae c` cik`hc tfct gs hksgi`kh ta jk`kegt

    a`my tfk rgof c`h pawkreum. Xfask g`

    oa`tram ae aur iavkr`lk`t lchk hkog-

    sga`s tfct sctgsegkh tfgs cik`hc,c`h g` tfk

    praokss,cjuskh tfkgr pawkr.

    Cs c oa`skquk`ok, wk `aw fcvk aur

    lgmgtcry earoks jaiikh haw` g` c ogvgm

    wcr g` Grcq wgtf `a k`h g` sgift, wciks

    ear last ae aur ogtgzk`s crk stci`c`t ct

    jkst, tfk mcon ae fkcmtf g`surc`ok fcs

    jkoalk c lcdar prajmkl, lc`y Clkrg-

    oc`s fcvk smgppkh g`ta pavkrty, icsamg`k

    prgoks ct tfk pulp crk autrcikausmy fgif

    wgtf `a rkmgke g` sgift,imajcm wcrlg`i gs

    jkg`i gi`arkh,aur `ctga`cm hkjt gs tatcmmy

    aut ae oa`tram,c`h tfk oasts ae `ctga`cm

    kmkotga s crk aee tfk ofcrt. Rkrfcps tfk

    a`k sg`imk tfg`iwgtf tfk kxokptga` ae

    tfk Grcq hkjcomktfct wgmm mcjkm tfgs

    chlg`gstrctga` cs c tatcm ecgmurk wgmm jk

    tfk oast ta tfk tcxpcykrs ear tfk Rrksorgp-

    tga` Hrui Cot tfct Rrksghk`t Jusf c`htfk pfcrlcokutgocm g`hustry pusfkh

    tfrauif Oa`irkss.Xfk pradkotkh oast gs

    `aw g` tfk trgmmga`s ae hammcrs c`h gt wgmm

    ikt luof warsk.

    Ygtfaut c`y rkcm hgsputk, aur glcik

    c`h g`emuk`ok a` tfk g`tkr`ctga`cm stcik

    crk ct c` cmm-tglk maw, c`h tfcts hgeegoumt

    ta dustgey jy c`y stc`hcrh.Cmm ae tfk oar-

    ruptga` g` aur `ctga`s ocpgtcm gs jkg`i

    swkpt u`hkr tfk rui, c`h tfk _oaatkr

    Mgjjy kpgsahk gs c prglk kxclpmk ae

    faw jch tfg`is fcvk iattk`. G suspkot

    Lr. Mgjjy n`aws taa luof cjaut wfct

    cmm fcs fcppk`kh crau`h tfk Yfgtk

    Fausk c`h wgtf tfk Ugok Rrksghk`t ta

    kvkr skk tfk g`sghk ae c prgsa`. Xfk

    Clkrgoc` pkapmk crk jchmy g` `kkh ae

    rkmgke, c`h wgmm lcnk tfkgr erustrctga`

    n`aw` ct tfk pamms `kxt ykcr g` cmm

    `ctga`cm kmkotga`s. [`mkss tfk Hklaorc-

    tgo Rcrty jmaws gtc`h tfky crk ocpcjmk

    ae hag`i dust tfct`a Zkpujmgoc` oc`

    jk kmkotkh prksghk`t `kxt ykcr. G` lyapg ga , tfk Jusf ykcrs wgmm sglpmy jk

    taa luof ta avkroalk ear c`y Zkpujmg-

    oc` oc`hghctk.

    FCMMGJ[ZXA@L[_XZKCMMWMAUKXFG_YCZ

    Xa scy tfct Fcmmgjurta` fcs ha`k

    kxtrklkmy wkmm sg`ok Hgon Ofk`ky

    jkoclk vgok-prksghk`t gs c irass u`hkr-

  • 8/9/2019 The Jere Beasley Report, Aug. 2007

    10/4832 JkcsmkyCmmk`.oal

    stctklk`t.Luof ae tfk oalpc`ys eg`c`-

    ogcm tcnk fcs oalk eral tfk ekhkrcm iav-

    kr`lk`t c`h fcs oalk cjaut cs c hgrkot

    rksumt ae tfk wcr g` Grcq. _g`ok Ikarik

    Jusf c`h Hgon Ofk`ky g`vchkh Grcq, tfgs

    lcssgvk lgmgtcry oa`trcotar fcs fch c`

    g`orkcsk g` iavkr`lk`t oa`trcots ae

    522%. Lark tfc` $32 jgmmga` fcs oalk

    eral Rk`tcia` oa`trcots, wgtf last ae

    tfkl jkg`i ae tfk `a-jgh vcrgkty.Xfct

    rkcmmy sfaumh oalk cs `a surprgsk wfk`

    yau oa`sghkr faw tfgs Chlg`gstrctga`

    apkrctks. Mkts skk wfct Fcmmgjurta` fcs

    hkmgvkrkh ta tfk tcxpcykrs g` rktur`. Ear

    c stcrtfaw cjaut ics-prgok iauig`i,

    oa`tclg`ctkh eaah c`h wctkr, c`h c

    oa`stc`t pcttkr` ae avkrofcriks1 C`

    kxclpmk ae faw tfgs prgvgmkikh

    oalpc`y fcs apkrctkh g` Grcq g`vamvks

    gts fgrg`i ae mcjarkrs, pcyg`i tfkl cs

    mgttmk cs $; c hcy, c`h tfk` jgmmg`i tfk[._.Iavkr`lk`t lark tfc` $;2 pkr hcy

    ear kcof suof warnkr.

    G` c rkok`t c`cmysgs ae $32 jgmmga` g`

    wcstk c`h avkrofcriks jy vcrgaus oa`-

    trcotars g` Grcq, ekhkrcm g`vkstgictars

    eau`h Fcmmgjurta` rkspa`sgjmk ear $:.9

    jgmmga` ae tfct wcstk c`h avkrofcrig`i.Gt

    gs glprkssgvk ta `atk tfct tfk oalpc`ys

    :225 praegts wkrk $:,8:6,222,222. Gts

    avkrcmm praegts fcvk g`orkcskh avkr ?56%

    sg`ok Ikarik Jusf c`h Hgon Ofk`ky

    oclk g`ta pawkr. Ear tfask wfa crk stgmm

    tryg`i ta dustgey tfk wcr g Grcq, tfk Fcm-

    mgjurta` suookss stary fcs ta igvk tfkl

    fkcrtjur`. G fcvk ta wa`hkr wfy tfk

    `kws lkhgc fcs`t lchk Fcmmgjurta`s

    suookss stary g` Grcq era`t pcik `kws,

    kspkogcmmy wfk` yau oa`sghkr tfct tfk

    vgok-prksghk`t wcs a`k ae tfk crofgtkots

    ae tfk wcr keeart.

    YCZ_OA_XG@IXFK[@GXKH_XCXK_$3:

    JGMMGA@C LA@XF

    Xfk jaast g` traap mkvkms g` Grcq

    arhkrkh jy Rrksghk`t Jusf fcs

    g`orkcskh tfk oast ae wcr tfkrk c`h g`

    Ceifc`gstc` ta $3: jgmmga` c la`tf.

    Cooarhg`i ta oa`irkssga`cm c`cmysts, tfk

    tatcm ear Grcq cma`k gs `kcrg`i c fcme trgm-

    mga` hammcrs.Cmm tamh,Oa`irkss fcs cppra-

    prgctkh $532 jgmmga` g` wcr-rkmctkh

    la`ky.Xfk egiurks oalk eral tfk `a`-

    pcrtgsc` Oa`irkssga`cm Zkskcrof

    _krvgok, wfgof pravghks rkskcrof c`h

    c`cmysgs ta mcwlcnkrs. Ge Oa`irkss

    cppravks Rrksghk`t Jusfs pk`hg`i

    rkqukst ear c`atfkr $389 jgmmga` ear tfk

    juhikt ykcr stcrtg`i Aotajkr 3st, tfk

    tatcm jgmm ear tfk wcr g` Grcq c`h tfk egift

    g` Ceifc`gstc` waumh rkcof lark tfc`

    tfrkk-eaurtfs ae c trgmmga` hammcrs, wgtf

    cppraprgctga`s ear Grcq rkcofg`i $;59

    jgmmga`. Cmsa, ge tfk g`orkcsk g wcr

    tklpa oa`tg`uks jkya`h _kptkljkr,

    tfk Rk`tcia`s rkqukst waumh prksul-

    cjmy jk g`chkquctk, cooarhg`i ta tfk

    OZ_. G cl `at surk tfct lc`y ae tfk

    Clkrgoc` tcxpcykrs oc` oalprkfk`h

    tfk vcst clau`ts jkg`i spk`t a` c last

    u`papumcr wcr.

    _aurok4 Cssaogctkh Rrkss

    _KXXMKLK@XZKCOFKHG@UAMUG@I_KO[ZGXWI[CZH_CXCZLWJC_K_

    C @kw Lkxgoa skourgty egrl fcs

    cirkkh ta pcy tfk [._. iavkr`lk`t $36

    lgmmga` ta skttmk cmmkictga`s tfct gt vga-

    mctkh tkrls ae c oa`trcot ta pravghk

    trcg`kh ogvgmgc` skourgty iucrhs ct kgift

    Crly jcsks.Cncm _kourgty wcs fgrkh g`

    _kptkljkr :22? ta pravghk iucrhs ct

    Eart Zgmky, Nc`scs> Eart Mkwgs,Ycsfg i-

    ta`> Eart Faah, Xkxcs> Eart Oclpjkmm,

    Nk tuony> Jmuk Ircss Crly Hkpat g`

    Nk`tuony> Eart _tkwcrt, Ikarigc> _u``y

    Rag`t Lgmgtcry Aokc` Xkrlg cm, @artf

    Ocramg`c> c`h C``gsta` Crly Hkpat g`

    Cmcjclc.C` g`vkstgictga` g`hgoctkh tfct

    Cncm ecgmkh ta pravghk cs lc y iucrhs ar

    tfk prapkr trcg`g`i ae tfksk iucrhs cs

    tfk oa`trcot rkqugrkh. C mcwsugt wcs

    egmkh a` jkfcme ae tfk ekhkrcm iavkr`-

    lk t jy iucrhs wfa wkrk fgrkh jy Cncm

    ta warn ct Eart Zgmky. [._.Cttar`ky KrgoLkmirk`,oallk`tg`i a` tfk ocsk, scgh4

    Xfgs skttmklk`t sk`hs c omkcr

    lksscik ta iavkr`lk`t oa`trco-

    tars4 Xfkrk oc` jk `a sfartouts.

    Rrgvctk oalpc`gks fgrkh ta pratkot

    tfk skourgty ae [._.Crly ecogmgtgks

    pkrearl c vgtcm skrvgok c`h tfky

    crk pcgh lgmmga`s ae hammcrs ear gt.

    G` rkcofg`i tfk skttmklk`t, Dustgok

    Hkpcrtlk`t aeegogcms hgslgsskh cmm aut-

    stc`hg`i omcgls.Xfk oalpc`y cirkkh ta

    rkpcy tfk iavkr`lk`t c` g`gtgcm

    pcylk`t ae $6 lgmmga` c`h c` chhgtga`cm

    $32 lgmmga , pmus g`tkrkst, avkr eaur

    ykcrs. Cncm fch cirkkh g` :22? ta

    rkorugt, sorkk`, fgrk, c`h trcg` 3,622

    iucrhs ta ha skourgty ct tfk Crly pasts.

    Xfk oalpc`y scgh salk ae tfk `kw

    iucrhs wfa ecgmkh ta ikt tfk lc`hctkh

    trcg`g`i wkrk cssgi`kh ta warn. Cncm

    oa`tg`uks ta pravghk iucrhs ct skvk` ae

    tfk Crly g`stcmmctga`s. Iavkr`lk`t

    g`vkstgictars cmmkikh tfct Cncm sauift

    pcylk`t ear iucrhs gt ecgmkh ta pravghk

    c`h ear trcg`g`i gt ecgmkh ta pravghk,

    g`omuhg`i a` wkcpa`s c`h icrrgsa`-spk-

    ogego sngmms, suof cs usk ae earok c`h

    chlg`gstkrg`i egrst cgh.Yfk` c oarparc-

    tga` sgi`s iavkr`lk`t oa`trcots scyg`itfky wgmm lkkt fgif pkrearlc`ok stc`-

    hcrhs, gts kssk`tgcm tfct tfky lkkt tfask

    stc`hcrhs.

    Okrtcg`my, wk oc`t ceearh ta fcvk c`y

    rkhuotga` g` tfk skourgty ae aur lgmgtcry

    g`stcmmctga`s.Cncm, eau`hkh g` 3763, gs a`k

    ae tfk mcrikst skourgty oalpc`gks g` tfk

    [`gtkh _tctks c`h klpmays 3;,222 pkapmk

    warmhwghk.Xfk oalpc`y pravghks skou-

    rgty skrvgoks ear ekhkrcm oaurtfausks,

    hktk`tga` ecogmgtgks, c`h lgmgtcry g`stcmmc-

    tga`s.Xfk oalpc`y scgh gt fcs tcnk` atfkr

    stkps ta g`surk gt gs lkktg i ekhkrcm oa`-

    trcots, g`omuhg`i k`fc`og`i trcg`g`i pra-

    ircls c`h g`orkcsg`i cuhgts ae oa`trcot

    oalpmgc`ok. G fapk tfky rkcmmy lkc gt

    c`h wgmm eammaw tfk mcw c`h tfk pravg-

    sga`s ae tfk oa`trcots tfky kxkoutk.Cetkr

    cmm, tfcts at csng`i taa luof!

    _aurok4 Cssaogctkh Rrkss

    C@AXFKZ_OC@HCMA[_NCXZG@C_XAZW

    Gt wcs rkvkcmkh mcst la`tf tfct tfk

    [._. iavkr`lk`t wcstkh lgmmga`s ae

    hammcrs juyg`i c`h starg`i gok cetkr Fur-

    rgoc`k Nctrg`c.Cetkr `kcrmy twa ykcrs,

    tfausc`hs ae truon lgmks c`h $3:.;

    lgmmga` g` starcik oasts, c`atfkr emcwkh

    Furrgoc`k Nctrg`c rkmgke keeart wcs

    rkpartkh. Gt cppkcrs tfct tfk ekhkrcm iav-

    kr`lk`t iat rgh ae tfausc`hs ae pau`hs

  • 8/9/2019 The Jere Beasley Report, Aug. 2007

    11/48JkcsmkyCmmk`.oal 33

    ae gok gt fch sk`t sautf ta fkmp Nctrg`c

    vgotgls, c`h tfk` jcon up `artf wfk`

    EKLC hktkrlg`kh luof ae tfk gok

    wcs`t `kkhkh.Xfk gok wcs starkh ear

    avkr twa ykcrs ct :? ecogmgtgks `ctga`-

    wghk c`h `aw, jkmgkvk gt ar `at, tfk gok

    gs jkg`i lkmtkh.

    Xfk oast ae starg`i tfk gok ct cmm tfk

    ecogmgtgks sg`ok Nctrg`c wcs $3:.;

    lgmmga`.Xruonkrs rkokgvkh up ta $722 c

    hcy ta lavk tfk gok ta starcik sgtks

    crau`h tfk oau try. EKLC oa`trcots

    rkqugrkh hgspascm ae tfk gok tfrkk

    la`tfs cetkr purofcsk, jut tfk cik`oy

    hkoghkh ta nkkp tfk kxokss gok ear tfk

    :225 furrgoc`k skcsa`. Ajvgausmy, tfk

    gok wcs`t `kkhkh hurg`i tfct ykcr

    kgtfkr. EKLC cppcrk`tmy hkoghkh `at ta

    scvk tfk gok ear tfk :229 skcsa`. Gt

    waumh cppkcr tfct gt waumh jk mats

    ofkcpkr ta juy gok tfc` stark gt ct c oastae $3: lgmmga`. Dust tfg n wfct EKLC

    oaumh fcvk ha`k wgtf $3: lgmmga`, c`h

    cmm ae tfk atfkr la`ky gt wcstkh cetkr

    Nctrg`c, a` tfk Iume Oacst c`h g` @kw

    Armkc`s. G suspkot wk fcvk skk` dust c

    hrap g` tfk juonkt sa ecr cs ircet c`h

    oarruptga` g` tfk past-Nctrg`c krc crk

    oa`okr`kh. G fapk G cl wra i!

    _aurok4 Cssaogctkh Rrkss

    LW_RCOKL[_XJKOA@XZAMMKH

    Ly_pcok.oal fcs tfausc`hs ae rkigs-

    tkrkh skx aeek`hkrs wfa fcvk praegmks

    a` tfkgr wkj sgtk. G wcs imch ta skk tfct

    @artf Ocramg`c Cttar`ky Ik`krcm Zay

    Oaapkr gs tcng`i a` Ly_pcok. Xfct gs

    rkcm iaah `kws.Ly_pcok fcs chlgttkh

    tfct gt fcs lark tfc` :7,222 skx aeek`h-

    krs a` tfk saogcm `ktwarng`i sgtk.

    Fawkvkr, G suspkot tfkrk crk cotucmmy

    lc`y lark jkocusk ae tfk usk ae ecnk

    `clks jy aeek`hkrs. Ly_pcok trgkh tankkp eral hgsomasg`i tfgs g`earlctga` ta

    aeegogcms omcglg`i tfk pratkotga` ae

    ekhkrcm prgvcoy mcws. Omkcrmy, mkigsmctga`

    gs `kkhkhjatf ekhkrcm c`h stctkta

    rkstrgot cookss ta saogcm wkj sgtks mgnk

    Ly_pcok, Ecokjaan,c`h Vc`ic.Xfgs gs c

    last skrgaus prajmkl c`h aur pamgtgocm

    mkchkrs lust ikt g`vamvkh c`h pratkot

    ofgmhrk` eral skxucm prkhctars.Yk lust

    oa`tg`uk ta eg`h wcys ta pratkot yau`i

    Ykj uskrs. Cmsa, pcrk`ts lust mkcr`

    lark cjaut oalputkr usk c`h tfk g`tkr-

    `kt. Ge yau cirkk tfct salktfg`i lust jk

    ha`k, oa`tcot Iavkr`ars, Cttar`kys

    Ik`krcm,c`h Mkigsmctars g` yaur rkspko-

    tgvk stctks c`h urik tfkl ta ikt g`vamvkh

    g` tfgs egift ta pratkot aur ofgmhrk`.Xfgs

    gs c jcttmk tfct wk oc`t ceearh ta mask!

    _aurok4 Cssaogctkh Rrkss

    U.

    XFK OAZRAZCXK

    YAZMH

    OFG@K_KZKI[MCXAZ_K@XK@OKHXAHKCXF

    Ygtf cmm ae tfk rkpartkh scekty c`h

    fkcmtf prajmkls rkmctg`i ta Ofg`kskprahuots jkg`i glpartkh g`ta tfk [._., c

    rkok`t c``au`oklk`t oalg`i eral tfk

    Ofg`ksk iavkr`lk`t rkcmmy iat ly cttk`-

    tga`. G` ecot, ta scy gt wcs c sfaong`i jgt

    ae `kws gs c irass u`hkrstctklk`t. G`

    Lcy, Tfk`i Vgcayu, wfa skrvkh cs fkch

    ae Ofg`cs Eaah c`h Hrui Chlg`gstrc-

    tga`, wcs sk`tk`okh ta hkctf ear tcng`i

    jrgjks ta cppravk sujstc`hcrh lkhg-

    og`ks, g`omuhg`i c` c`tgjgatgo jmclkh ear

    ct mkcst tk` hkctfs. Xfk rkcm sfaong i

    `kws wcs tfct Tfk`i wcs cotucmmy putta hkctf a` Dumy 32tf. Gt sfaumh jk `atkh

    tfct fgs orglk wcs oarruptga`, c`h fk

    pcgh ear tfk orglk wgtf fgs mgek.

    G` chhgtga`,c earlkr hkpcrtlk`t fkch

    ct Ofg`cs hrui rkiumctga` cik`oy wcs

    cmsa sk`tk`okh ta hkctf a` ofcriks ae

    cookptg`i fu`hrkhs ae tfausc`hs ae

    hammcrs cs jrgjks c`h `kimkotg`i fgs aeeg-

    ogcm hutgks. Oca Yk`zfuc`i, c hkpcrt-

    lk`t hgrkotar u`hkr Tfk`i Vgcayu,wcs

    igvk` tfk hkctf sk`tk`ok wgtf c twa-ykcr rkprgkvk. _uof suspk`hkh hkctf

    sk`tk`oks g` Ofg`c crk usucmmy oal-

    lutkh ta mgek g` prgsa` ge tfk oa`vgot gs

    hkklkh ta fcvk rkearlkh. Oca, wfa

    avkrscw tfk pfcrlcokutgocm rkigstrctga`

    hkpcrtlk`t, fch jkk` skorktcry ta

    Tfk`i hurg`i tfk 3762s. G` tfk pfcrlc-

    okutgocms hkpcrtlk t, Oca fch tfk

    pawkr ta cppravk hrui prahuotga` g`

    Ofg`c eral :22: ta :225. Fk wcs oa`-

    vgotkh ae cookptg`i $?29,222 g` jrgjks

    eral twa lkhgocm oalpc`gks jcskh g`

    Dgmg` c`h Iuc`iha`i pravg`oks tfct

    wkrk skkng`i cppravcm ta skmm tfkgr prah-

    uots. Fk cmsa wcs oa`vgotkh ae `kimkot-

    g`i fgs hutgks g` cppravg`i hruis. Jcskh

    a` wfct fcppk`kh ta fgs jass, Oca lcy

    wg`h up jkg`i c last eartu`ctk ekmmaw.

    Gt wcs rkpartkh tfct Oca wcs igvk` c

    twa-ykcr rkprgkvk jkocusk fk pravghkh

    kvghk`ok tfct fkmpkh wgtf tfk g`vkstgic-

    tga` ae atfkr ocsks.

    @at jkg`i eclgmgcr wgtf Ofg`ksk mcw,

    gts rkiumctary praokssks, ar kvk` tfk

    lci`gtuhk ae tfk pujmgo aeegogcm oarrup-

    tga` tfkrk, G eg`h gt hgeegoumt ta rkcmmy

    u`hkrstc`h eummy faw c pkrsa` oaumh jk

    sk`tk`okh ta hkctf ear tcng`i c jrgjk ar

    cmmawg`i jch hruis ta ikt ta tfk lcrnkt.

    Jut, G oc` scy wgtfaut rkskrvctga` tfctsalk ae aur pamgtgogc`s fch jkttkr jk

    imch tfky ha`t warn ear tfk iavkr`-

    lk`t g` Ofg`c.

    _aurok4 Ycsfg`ita`past.oal

    YCM-LCZXOAMMKOXKHA@HKCXF_AEKLRMAWKK_

    _kvkrcm gssuks jcon, G wratk a` c

    sujdkot tfct hkcmt wgtf wfct gs rkekrrkh

    ta cs hkch pkcsc`t g`surc`ok.C mcwsugt

    wcs egmkh rkok`tmy g` c Emarghc ekhkrcm

    oaurt tfct hkcms wgtf Ycm-Lcrts usk ae

    tfk hkch pkcsc`t g`surc`ok oa`okpt.

    Xfct typk ae g`surc`ok fcs stgrrkh up c

    irkct hkcm ae oa`travkrsy jkocusk ae

    faw gt warns. Mkts tcnk c maan ct tfk

    Emarghc ocsk. Yfk` Ncrk` Crlctraut

    hgkh g` 3779, fkr klpmaykr, Ycm-Lcrt,

    oammkotkh tfausc`hs ae hammcrs a` c mgek

    g`surc`ok pamgoy tfk rktcgm igc`t fch

    tcnk` aut wgtfaut kvkr tkmmg`i fkr. _fk

    wcs a`k ae cjaut ?;2,222 klpmaykksYcm-Lcrt skorktmy g`surkh `ctga`wghk. Gt

    fcs jkk` kstglctkh tfct tfk oalpc`y

    oammkotkh a` 9; ta 322 pamgogks g`vamv-

    g`i Emarghc klpmaykks wfa hgkh. Xfk

    Crlctraut mcwsugt, egmkh g` [._. Hgstr got

    Oaurt, skkns omcss cotga` stctus a`

    jkfcme ae tfk kstctks ae cmm tfk Emarghc

    klpmaykks wfa hgkh wfgmk jkg`i

    g`surkh jy Ycm-Lcrt wgtfaut tfkgr

  • 8/9/2019 The Jere Beasley Report, Aug. 2007

    12/48

    n`awmkhik. Jut, tfgs gs c prcotgok tfct G

    jkmgkvk gs `ctga`wghk g` soapk g`vamvg`i

    oarparctga`s atfkr tfc` Ycm-Lcrt.

    Cooarhg`i ta c rkpart g` Xfk Xclpc

    Xrgju`k, Ycm-Lcrt skttmkh twa sglgmcr

    mcwsugts g` Xkxcs c`h Anmcfalca`k

    ear cjaut $32 lgmmga` c`h tfk atfkr ear

    cjaut $; lgmmga . Ls. Crlctraut, wfa

    wcs ;2 ykcrs amh wfk` sfk hgkh ae

    oc`okr, fch warnkh skvkrcm ykcrs g` tfk

    pfcrlcoy ae c Ycm-Lcrt stark.Xfk pamgoy

    pcyauts g` tfk hkch pkcsc`t g`surc`ok

    rc`ikh eral $;2,222 ta $62,222,

    hkpk`hg`i a` tfk pkrsa`s cik c`h

    ik`hkr.Xfky wkrk tcnk` aut a` cmm eumm-

    tglk Ycm-Lcrt klpmaykks wfa g`

    Hkokljkr 377? wkrk jktwkk` ciks 36

    c`h 92 c`h pcrtgogpctkh g` tfk lkhgocm

    jk`kegts pmc`.Xfk oalpc`y cppcrk`tmy

    stappkh tcng`i aut tfk pamgogks g` 377;,

    jut oa`tg`ukh ta rkokgvk pcyauts a`klpmaykks wfa hgkh, kvk` tfask wfa

    fch mket tfk klpmaylk`t ae Ycm-Lcrt.

    Ycm-Lcrt omcgls tfct gt oc`okmkh gts

    pamgogks g` kcrmy :222 jkocusk gt wcs

    masg`i la`ky a` tfk crrc`iklk`t.Xfk

    oalpc`y scys tfk praircl wcs

    g`tk`hkh ta rkhuok gts g`oalk tcxks ta

    fkmp pcy rgsg`i klpmaykk fkcmtf ocrk

    oasts. Gt omcgls tfct warnkrs wkrk `atg-

    egkh c`h igvk` tfk appartu`gty ta apt

    aut, wfgof cppkcrs ta lk fgifmy quks-

    tga`cjmk. Gts cmmkikh g` tfk Crlctraut

    mcwsugt tfct tfk pamgogks wkrk cmm wrgttk`

    g` Ikarigc,wfkrk tfk mcws cmmawkh suof

    pamgogks ta jk ajtcg`kh jy oalpc`gks

    suof cs Ycm-lcrt.Xfk mcwsugt cmmkiks tfct

    Ycm-Lcrt uskh oa`eghk`tgcm g`earlctga`

    gt rkokgvkh eral klpmaykks ear usk g`

    tfkgr klpmaylk`t, suof cs _aogcm _kou-

    rgty `uljkrs c`h hctks ae jgrtf, ta

    ajtcg` tfk mgek g`surc`ok pamgogks.

    [`eartu`ctkmy, tfgs oarparctk prcotgok

    gs `at u`oalla`.Gt gs kstglctkh tfct upta :;% ae Eartu`k ;22 oalpc`gks fcvk

    tcnk` aut suof pamgogks a` klpmaykks.

    Xfk vcst lcdargty ae tfk tglk, tfk

    klpmaykks fch `a ghkc tfkgr mgvks wkrk

    jkg`i g`surkh. G` :223, prklguls a`

    suof pamgogks irkw ta $:.6 jgmmga`,

    fcvg`i jkk` $3.; jgmmga` tfk ykcr

    jkeark.Xfgs g`earlctga` oalks eral c

    rkpart jy OC_X Lc`ciklk`t Oa`sum-

    tc`ts ae Mas C`ikmks.Xfk Emarghc mcwsugt

    gs jkg`i fc`hmkh jy Lgofckm H. Lykrs,

    wfa gs wgtf tfk egrl ae LoOmc`cfc` &

    Omkcrlc , M.M.R., wfgof gs maoctkh g`

    Fausta`,Xkxcs.

    _aurok4 Xfk Xclpc Xrgju`k

    EAZLKZXWOAC[HGXAZCIZKK_XAZKOAZH

    _KXXMKLK@X

    RrgokwctkrfauskOaapkrs MMR fcs

    cirkkh ta pcy $::; lgmmga` ta skttmk c

    omcss cotga` mcwsugt jrauift jy sfcrk-

    famhkrs ae Xyoa G`tkr`ctga`cm Mth.Xfk

    mcwsugt crask aut ae tfk lumtgjgmmga`-

    hammcr cooau`tg`i ercuh tfct sk`t Xyoas

    tap kxkoutgvks ta prgsa`.Xfk skttmklk`t

    wgtf Xyoas earlkr cuhgtg`i egrl oalks

    a` tap ae a`k rkcofkh g` Lcy wgtf Xyoa.

    Xfk oalpc`y cirkkh ta put $:.79;

    jgmmga` g`ta c eu`h ta skttmk last sfcrk-famhkr omcgls avkr tfk cotga`s ae Xyoas

    earlkr ofgke kxkoutgvk aeegokr, M. Hk``gs

    Nazmawsng, c`h tfk oalpc`ys kx-ofgke

    eg`c`ogcm aeegokr, Lcrn _wcrtz.Ygtf g`tkr-

    kst, tfk Xyoa skttmklk t gs jkmgkvkh ta jk

    tfk mcrikst kvkr jy c sg`imk oarparctk

    hkek`hc`t.Xfk tatcm skttmklk`t ae lark

    tfc` $?.: jgmmga` eral Xyoa c`h Rrgok-

    wctkrfauskOaapkrs jrg`is ta c` k`h c

    eaur-ykcr mkicm jcttmk.Xfk skttmklk`t wgmm

    rkqugrk oaurt cppravcm.

    Xfk skttmklk`t oavkrs g`vkstars wfa

    coqugrkh Xyoa skourgtgks eral Hkokljkr

    3?, 3777, ta Du`k 9, :22:. Xyoa fcs gts

    apkrctg i fkchqucrtkrs g` Ykst Yg`hsar,

    @.D., c`h gs `alg`cmmy fkchqucrtkrkh g`

    Jkrluhc. Xfk sfcrkfamhkrs sugt fch

    omcglkh tfct cs Xyoas g`hkpk`hk`t

    cuhgtar, RrgokwctkrfauskOaapkrs ecgmkh

    ta u`oavkr ercuh g` tfk cooau`tg`i

    soc`hcm ct tfk oa`imalkrctk.Xyoa avkr-

    stctkh gts g`oalk hurg`i tfct pkrgah jy

    $;.6 jgmmga`. G`vkstars massks fcvk jkk`kstglctkh ct $3 jgmmga` ta $: jgmmga`. Gts

    u`omkcr faw lc`y sfcrkfamhkrs crk

    g`vamvkh,jut Xyoa fch cjaut twa jgmmga`

    sfcrks ae staon a` tfk lcrnkt hurg`i tfk

    pkrgah g` qukstga`.Xfk omcss rkprksk`tc-

    tgvks g` tfk sugt g`omuhkh skvkrcm trchk

    u`ga`s c`h pujmgo pk`sga` eu`hs,cla`i

    tfkl pk`sga` pmc`s ear aeegok klpmay-

    kks, tkcofkrs, c`h stctk klpmaykks g`

    Maugsgc`c, c`h pmuljkrs c`h pgpk egttkrs

    crau`h tfk oau`try. Cs yau wgmm rkocmm,

    Nazmawsng c`h _wcrtz wkrk oa`vgotkh ae

    irc`h mcrok`y c`h atfkr orglks ear

    maatg`i Xyoa ae cjaut $522 lgmmga` ta

    eu`h kxtrcvcic`t mgekstymks c`h g`emctg`i

    tfk oalpc`ys vcmuk.Xfk twa crk skrvg`i

    tkrls ae 6 ykcrs ta :; ykcrs g` prgsa`.

    _aurok4 Cssaogctkh Rrkss

    LCVGL[__KXXMK_EZC[HOC_KEAZ$?2.;LGMMGA@

    Lcxglus, c Zksta` oalpc y tfct pra-

    vghks oa`sumtg`i skrvgoks ear maocm c`h

    stctk saogcm skrvgok cik`ogks, fcs skttmkh

    c Lkhgocgh ercuh mcwsugt wgtf tfk

    ekhkrcm iavkr`lk`t ear $?2.; lgmmga . G`

    chhgtga`, tfk oalpc`y wgmm fgrk [J_

    G`vkstlk`t Jc`n ta rkvgkw gts strctkigo

    aptga`s.Xfgs skttmklk`t oalks cetkr c`g`vkstgictga` jy tfk ekhkrcm iavkr`-

    lk`t. Xfk iavkr`lk`t cmmkikh tfct

    Lcxglus fch fkmpkh tfk Hgstrgot ae

    Oamuljgcs Ofgmh c`h Eclgmy _krvgoks

    Cik`oy sujlgt ecmsk omcgls ta tfk Lkh-

    gocgh praircl.Xfk [._.iavkr`lk`t fch

    prkvgausmy rkoavkrkh $3:.3; lgmmga`

    eral tfk Ofgmh c`h Eclgmy _krvgoks

    Cik`oy, jrg`ig`i tfk tatcm oammkotkh ta

    $8:.5; lgmmga`.Xfk g`vkstgictga` jkic`

    cetkr c mcwsugt wcs egmkh a` jkfcme ae tfk

    iavkr`lk`t jy c earlkr hgvgsga`

    lc`cikr ct Lcxglus, u`hkr wfgstmk-

    jmawkr pravgsga`s ae tfk Ecmsk Omcgls

    Cot.Xfgs gs dust c`atfkr kxclpmk ae faw

    wghksprkch oarparctk ercuh gs g` tfgs

    oau try c`h faw erkquk`tmy gt aoours

    wfk` ekhkrcm la`ky gs g`vamvkh.

    _aurok4 Ycsfg`ita` Rast

    OFKLGOCMLCNKZ_KXXMK_RZGOK-EGVG@I_[GXEAZ$32 LGMMGA@

    _pkogcmty ofklgocms lcnkr Ocjat

    Oarp. fcs cirkkh ta skttmk tfk ekhkrcm

    omcss cotga` mcwsugts pk`hg`i cicg`st tfk

    oalpc`y tfct cmmkikh gt c`h atfkr

    ocrja` jmcon lc`uecoturkrs vgamctkh

    c`tgtrust mcws g` skttg`i prgoks ear

    ocrja` jmcon samh g` tfk [`gtkh _tctks.

    Cooarhg`i ta c egmg`i wgtf tfk _kourgtgks

    c`h Kxofc`ik Oallgssga`, Ocjats

    3: JkcsmkyCmmk`.oal

  • 8/9/2019 The Jere Beasley Report, Aug. 2007

    13/48

    sfcrk ae tfk skttmklk`t oast gs $32

    lgmmga`. Cs usucm, Ocjat hk`gkh c`y

    wra`ihag`i ae c`y ng`h. Gt kvk` omcglkh

    gt fch iaah hkek`sks ta tfksk omcgls.

    Xfk skttmklk`t cirkklk`t gs sujdkot ta

    oaurt cppravcm. Jasta`, Lcsscofusktts-

    jcskh Ocjat wgmm cppcrk`tmy oa`tg`uk ta

    hkek`h tfk rklcg`g`i c`tgtrust mcwsugts

    pk`hg`i cicg st gt. Xfkrk crk sugts

    pk`hg`i g` skvkrcm stctk oaurts jrauift

    jy purpartkh omcssks ae purofcskrs ae

    ocrja` jmcon, c`h c sg`imk ekhkrcm ocsk

    jrauift jy c sg`imk pcrty tfct hgh `at

    dag` tfk ekhkrcm omcss cotga`.

    _aurok4 Cssaogctkh Rrkss

    RATK@_KXXMK_OMC__COXGA@MCY_[GXCICG@_XOALRC@W

    Razk` G`o.,wfgof hkvkmaps hruis ta

    trkct coutk c`h ofra`go pcg`, fcs skttmkhc omcss cotga` mcwsugt egmkh cicg`st tfk

    oalpc`y c`h gts ofgke kxkoutgvk aeegokr.

    Cmm omcgls cicg`st tfk oalpc`y c`h tfk

    aeegogcm wgmm jk hrappkh.Xfk skttmklk`t

    cirkklk`t, wfgof rklcg`s sujdkot ta

    oaurt cppravcm,wgmm jk eu`hkh wgtf pra-

    okkhs eral tfk oalpc`ys mgcjgmgty g`sur-

    c`ok ear hgrkotars c`h aeegokrs. Xfk

    mcwsugt, wfgof wcs egmkh g` Du`k :228,

    coouskh Razk` ae lcng`i ecmsk c`h lgs-

    mkchg`i stctklk`ts cjaut lgircg`k hrui

    oc`hghctks LX 322 c`h LX ?22.Ofcpkm

    Fgmm, @artf Ocramg`c-jcskh Razk` gs our-

    rk`tmy hkvkmapg`i Xrkxglc wgtf Jrgtgsf

    hrui lcnkr Imcxa_lgtfNmg`k Rmo. Xfk

    hrui oaljg`ks Imcxas papumcr

    lgircg`k hrui Glgtrkx, n`aw` ik`krg-

    ocmmy cs sulctrgptc`, wgtf c` amhkr

    pcg`ngmmkr n`aw` cs cpraxk` sahgul.

    _aurok4 Zkutkrs

    EKHKZCMIAUKZ@LK@XDAG@_YFG_XMKJMAYKZ_[GX

    Xfk [._. Dustgok Hkpcrtlk`t fcs

    dag`kh c wfgstmk-jmawkr mcwsugt cmmkig`i

    Lkhgocrk ercuh jy Erksk`gus Lkhgocm

    Ocrk CI,tfk warmhs jgiikst hgcmysgs ocrk

    oalpc`y.Xfk sugt cicg`st twa u`gts ae

    tfk Ikrlc` oalpc`y, ocmmkh Zk`cm Ocrk

    Iraup c`h Zk`cm Ocrk Iraup _uppmy

    Oalpc`y, cmmkiks tfct omcgls sujlgttkh

    jktwkk` 3777 c`h :22; ear falk hgcmy-

    sgs suppmgks c`h kqugplk`t wkrk ecmsk.

    Erksk`gus coqugrkh rgvcm Zk`cm Ocrk

    Iraup mcst ykcr ear $?.; jgmmga` ta jaast

    gts prksk`ok g` tfk [._. lcrnkt. Xfk

    oalpc`y oa`trcots wgtf tfk [._. iav-

    kr`lk`ts Lkhgocrk fkcmtf g`surc`ok

    praircl ear tfk kmhkrmy.

    Ngh`ky ar rk`cm ecgmurk pctgk`ts aetk`

    rkqugrk hgcmysgs, c praokhurk wfgof

    egmtkrs wcstk prahuots eral tfk jmaah.

    Lkhgocrk wgmm pcy oalpc`gks skmmg`i

    hgcmysgs suppmgks ta pctgk`ts a`my ge tfk

    egrls crk g`hkpk`hk`t eral hgcmysgs

    ecogmgtgks c`h tfk pctgk`t ofaasks ta

    rkokgvk tfask suppmgks.Cooarhg`i ta tfk

    oalpmcg`t,tfk oalpc`y skt up c sfcl

    jusg`kss tfct wcs `at g`hkpk`hk`t c`h

    tfct kxgstkh mgttmk lark tfc` ta sujlgt

    jgmms ta tfk iavkr`lk`t. Xfk sugt wcs

    egmkh g tfk [._. Hgstrgot Oaurt g` _t.Maugs,Lgssaurg jy twa earlkr klpmay-

    kks ae tfk oalpc`y.

    G` :228, Icljra Fkcmtfocrk, `aw

    pcrt ae Erksk`gus lcdar rgvcm HcUgtc

    G`o.,cirkkh ta pcy $?;2 lgmmga` g` orglg-

    `cm eg`ks c`h ogvgm pk`cmtgks ta skttmk

    fkcmtf ocrk ercuh ofcriks wgtf tfk

    [._. Dustgok Hkpcrtlk`t. Xfct kcrmgkr

    ocsk g`omuhkh cmmkictga`s ae c sfkmm

    oalpc`y skmmg`i suppmgks ta falk hgcmy-

    sgs pctgk ts, c`h wcs cmsa jcskh aut ae

    tfk Dustgok Hkpcrtlk`ts Lgssaurg

    aeegok. Ct tfk tglk, gt wcs a`k ae tfk

    mcrikst fkcmtf ocrk ercuh skttmklk`ts

    rkcofkh jy tfk [._. iavkr`lk`t. Gts

    iaah ta skk tfk ekhkrcm iavkr`lk`t

    tcng`i a` tfask oarparctga`s tfct

    oallgt ercuh g` oa``kotga` wgtf ekhkrcm

    praircls c`h oa`trcots.

    _aurok4 Zkutkrs

    FGIFOA[ZX_FA[MHRZAXKOXG@UK_XAZ_

    ZGIFX_

    Xfrkk earlkr _kourgtgks c`h Kxofc`ik

    Oallgssga` (_KO) aeegogcms crk cttklpt-

    g`i ta g`tkrvk`k g` tfk _uprklk Oaurt

    hgsputk tfct oaumh hktkrlg`k wfktfkr

    hkercuhkh g`vkstars oc` rkoavkr la`ky

    eral tfgrh pcrtgks.Xfk rkcsa` tfct tfgs

    ocsk fcs trgiikrkh `ctga`cm cttk`tga` gs

    jkocusk gt wgmm fcvk rkpkroussga`s ear

    klpmaykks c`h sfcrkfamhkrs wfa mast

    jgmmga`s ae hammcrs g` tfk :223 K`ra` oam-

    mcpsk. Xfk egvk-lkljkr _KO vatkh

    kcrmgkr tfgs ykcr ta egmk oaurt pcpkrs tfct

    suppart g`vkstars c`h tfkgr cjgmgty ta

    suk cooau`tc`ts,mcwykrs c`h atfkr tfgrh

    pcrtgks wfa hgh `at lcnk pujmgo stctk-

    lk`ts cjaut ercuh jut wfa `a`ktfkmkss

    lcy fcvk fkmpkh tfkgr omgk`ts ocrry aut

    tfk sofklks. Ear salk rctfkr strc`ik

    rkcsa`,fawkvkr, tfk _KO jrgke,fawkvkr,

    wcs `kvkr egmkh.

    Cs prkvgausmy rkpartkh, tfk [._. samgog-

    tar ik`krcm, wfa spkcns ear tfk Jusf

    chlg`gstrctga` jkeark tfk _uprklk

    Oaurt, rkeuskh ta cookpt tfk _KOs jrgke.

    Fk mkt c hkchmg`k ear egmg`i mkicm jrgkes

    a` sfcrkfamhkrs jkfcme pcss wgtf `a

    oallk`t.Xfk hkogsga` oclk cetkr Rrksg-

    hk`t Jusf c`h Xrkcsury _korktcry Fk`ry

    L. Rcumsa` Dr. scgh tfct pasgtga` oaumhput [._. oalpc`gks ct c hgschvc`tcik ta

    earkgi` rgvcms c`h kxpask jusg`kssks

    ta sujstc`tgcm eg`c`ogcm rgsns.Xfk ocsk,

    g` wfgof Ofcrtkr Oallu`goctga`s

    g`vkstars wc`t ta suk jusg`kss pcrt`krs

    Lataramc c`h _ogk`tgego-Ctmc`tc, gs sofkh-

    umkh ta jk fkcrh jy tfk _uprklk Oaurt

    g` gts oalg`i tkrl.

    C jgpcrtgsc` iraup ae earlkr _KO

    mkchkrs, g`omuhg`i earlkr ofcgrlk`

    Ygmmgcl F. Ha`cmhsa` c`h Crtfur Mkvgtt

    c`h earlkr oallgssga`kr Fcrvky D.

    Iamhsoflgh, csnkh ear pkrlgssga` a`

    Dumy 35tf ta egmk c past-hkchmg`k jrgke wgtf

    tfk Fgif Oaurt g` wfct tfky mcjkmkh c

    orgtgocm ocsk. Xfk mcwykrs ear tfk

    iraup, @kw Warn [`gvkrsgty mcw praeks-

    sar Crtfur Z. Lgmmkr c`h earlkr _KO

    mcwykr Lkykr Kgsk`jkri,wratk4

    Famhg`i mgcjmk wra`ihakrs wfa

    cotgvkmy k`icik g` ercuhumk`t

    oa`tcot tfct mcons c mkigtglctk

    jusg`kss purpask haks `at fg`hkr,

    jut rctfkr k`fc`oks, tfk g`tkirgty

    ae aur lcrnkts c`h aur koa`aly.

    Yk jkmgkvk tfct tfk g`tkirgty ae aur

    lcrnkts gs tfkgr strk`itf.

    Xfgs ocsk gs jkg`i vgkwkh cs a`k ae

    tfk last glpartc`t skourgtgks-mcw gssuks

    ta rkcof tfk _uprklk Oaurt g` ykcrs.

    Xfcts wfy mats ae eamns, wfa fcvk tfk

    JkcsmkyCmmk`.oal 3?

  • 8/9/2019 The Jere Beasley Report, Aug. 2007

    14/48

    Y hkocms a` tfkgr ocrs, sfaumh pcy

    cttk`tga` ta tfgs ocsk. G haujt tfky kvk`

    n`aw tfct tfk Jusf Yfgtk Fausk fcs

    tcnk` c pasgtga` tfct gs vkry luof c`tg-

    g`vkstar c`h vkry luof cicg`st tfkgr

    jkst g`tkrksts. Gts glpassgjmk ta dustgey

    tfk chlg`gstrctga`s pasgtga`, jut tfct

    fcs `kvkr skklkh ta jatfkr tfgs prksg-

    hk`t a` atfkr era`ts.

    _aurok4 Ycsfg`ita` Rast

    UG.

    OCLRCGI@

    EG@C@OK ZKEAZL

    C ECGM[ZKAELA@[LK@XCMRZARAZXGA@_

    Xfk ecgmurks ae jatf Oa`irkss c`h

    last stctk mkigsmcturks ta pcss lkc`g`i-eum oclpcgi` eg`c`ok rkearl mgtgictga`

    fcvk ta jk oa`sghkrkh lcdar hgscppag`t-

    lk`ts.Xfk Clkrgoc` pkapmk sfaumh jk

    autrcikh avkr tfk rkeuscm ae pamgtgogc`s

    ta tconmk tfgs prajmkl. Gts praae pasg-

    tgvk ae tfk pawkr c`h g`emuk`ok ae tfk

    igc`ts g` Oarparctk Clkrgoc c`h tfkgr

    fgifmy pcgh c`h wkmm-oa``kotkh majjy-

    gsts. G cl `at surk faw luof ma ikr tfk

    vatkrs wgmm put up wgtf tfk oa`tg`ukh

    ecgmurk ta cot g c` crkc ae oa`okr` tfct

    ceekots cmm Clkrgoc` ogtgzk`s. Kvk`tucmmy,tfk pamgtgogc`s wgmm fcvk ta nkkp tfkgr

    oclpcgi` pralgsksct mkcst, G fapk

    tfct hcy wgmm oalk c`h saa`.

    XFK[ROALG@ICMCJCLC_[RZKLKOA[ZXZCOK

    Xfkrk wgmm jk c rcok ear c sg`imk skct

    a` tfk Cmcjclc _uprklk Oaurt `kxt

    ykcr. Dustgok Fcramh _kkwfa fcs `kvkr

    skk` c dury vkrhgot g` ecvar ae c oa`-sulkr ar vgotgl ae oarparctk wra`iha-

    g`i tfct fk hgh`t wc`t ta rkvkrsk c`h

    rk`hkrwgmm jk up ear rkkmkotga` g`

    :226. Ge tfkrk fcs kvkr jkk` c rcok g`

    wfgof oclpcgi` eg`c`ok rkearl gs jchmy

    `kkhkh, gt omkcrmy gs tfgs a`k.Xfk Hkla-

    orctgo c`h Zkpujmgoc` pcrty mkchkrs

    sfaumh dag` earoks c`h ikt c oclpcgi`

    eg`c`ok rkearl jgmm pcsskh g` tfk rkiumcr

    skssga` ae tfk Cmcjclc Mkigsmcturk tfct

    wgmm jrg`i salk egsocm sc`gty ta tfk :226

    oaurt rcok.

    UGG.

    OA@IZK__GA@CM

    [RHCXK

    XFK@KYOA@IZK__FCHJKXXKZIKXJ[_W

    Yfct fcs fcppk`kh ta cmm ae tfk

    pralgsks jy Hklaorcts tfct wkrk sup-

    paskh ta jrg`i cjaut c `kw hcy g` Oa`-

    irkss1 Yfk` gts cmm scgh c`h ha`k, gt

    cppkcrs tfct tfk pawkreum majjygsts stgmm

    ru` tfk sfaw g` Ycsfg`ita`. [`mkss

    tfask sfconmks crk jrank`, spkogcm g`tkr-

    ksts, c`h `at tfk pkapmks g`tkrksts, wgmmoa`tg`uk ta jk skrvkh jy tfk Fausk c`h

    _k`ctk, wfgof crk `aw astk sgjmy u`hkr

    Hklaorctgo oa`tram. Eartu`ctkmy, tfkrk gs

    stgmm tglk ta jrg`i tfk pkapmks cik`hc ta

    tfk earkera`t c`h ear aur mcwlcnkrs ta

    ikt haw` ta jusg`kss. Ge yau cirkk, mkt

    yaur Fausk lkljkrs c`h _k`ctars fkcr

    eral yau.Yk `kkh cotga``at warhs!

    XFKOA@IZK__GA@CMHKJCXKAUKZGZCSFKCX_[R

    Xfkrk gs a`k crkc ae oa`okr` g` wfgof

    mcwlcnkrs g` Ycsfg`ita` eg`h tfkl-

    skmvks jktwkk` c raon c`h c fcrh pmcok,

    c`h tfcts tfk eu`hg`i ae tfk wcr g` Grcq,

    wfgof gs `aw oastg`i tfk tcxpcykrs

    cjaut $3: jgmmga` pkr la`tf.Xfkrk gs

    avkrwfkmlg`i appasgtga` ta tfgs wcr,

    jut ct tfk sclk tglk `ajahy wc`ts ta

    mkcvk aur traaps g` fcrls wcy wgtfaut

    jkg`i chkquctkmy suppmgkh c`h eummy sup-

    partkh. Wkt gts qugtk ajvgaus tfct `a`ctga` eral autsghk tfk rkiga` oc` suo-

    oksseummy rkekrkk c ogvgm wcr ae tfk sart

    tfcts jkg`i wcikh g` Grcq. Rkapmk cmm

    avkr tfk oau`try rkcmgzk tfct g`vchg`i

    c`h aooupyg`i Grcq wcs c la`ulk`tcm

    lgstcnk.Xfk qukstga` gs, faw haks Oa -

    irkss ikt us aut ae tfk lkss tfct tfk

    Jusf-Ofk`ky wcr lcofg`k put aur

    traaps g`ta1 Cs G wcs wrgtg`i tfgs pcrt ae

    tfk Zkpart, tfk [._. _k`ctk fcs jkk`

    k`icikh g` c eumm-jmaw` egmgjustkr avkr

    tfk g`vamvklk`t ae [._ traaps g` Grcq.

    Hklaorctgo cttklpts ta stap tfk egmg-

    justkr ekmm c ekw vatks sfart ae tfk 52

    vatks rkqugrkh ta stap c egmgjustkr g` tfk

    _k`ctk. G fapk tfct tfk smkkp-g` wcs`t

    dust c pujmgogty stu`t. Ge tfct pravks ta jk

    tfk ocsk, gt wgmm fcvk jkk` c oastmy

    lgstcnk.

    MAJJWG@IC@HKXFGO_ZKEAZLJGMM_XCMMKHCICG@

    Cs tfgs gssuk wk`t ta tfk prg`tkr,

    irau`hjrkcng`i majjyg`i c`h ktfgos

    rkearl mkigsmctga` wcs jkg`i fkmh up g`

    Oa`irkss. Rujmgo Ogtgzk` wcs fcrh ct

    warn tryg`i ta ikt c jrkcntfrauif a`

    tfgs jchmy `kkhkh mkigsmctga`,c`h G fapk

    tfky wgmm jk suooksseum. _k`ctar DglHkLg t (Z-_O), pmcokh c famh a`

    cppag`tg`i _k`ctk oa`ekrkks ta gra` aut

    tfk hgeekrk`oks wgtf tfk Fausk ae Zkp-

    rksk`tctgvks c`h oalpmktk pcsscik ae

    tfk majjyg`i c`h ktfgos rkearl jgmm. Dust

    jkeark tfk Dumy 8tf rkokss, _k`ctar Lgtof

    LoOa``kmm (Z-NW) g` c mgnk lc``kr,

    jmaonkh c latga` ta praokkh wgtf rko-

    a`ogmg`i Fausk c`h _k`ctk majjyg`i

    rkearl jgmms _.3 c`h F.Z. :?35.

    Rujmgo Ogtgzk` fcs hklc`hkh tfct

    Oa`irkss lavk cfkch wgtf omkc`g`i up

    gts cot, cppag`t oa`ekrkks ta cirkk upa`

    tfk stra`ikst majjyg`i c`h ktfgos

    rkearl mkigsmctga`,c`h pcss tfksk ma`i-

    avkrhuk rkearls g`ta mcw. _k`ctar

    HkLg`t, wfa fcs arofkstrctkh tfk mctkst

    g` c ma`i mg`k ae ajstruotga`gst tcotgos,

    omcgls ta jk jmaong`i tfk rkearl mkigsmc-

    tga` ear c mkigtglctk rkcsa`. Jut, gts

    ajvgaus tfct fk gs `atfg`i lark tfc` c

    wctkr-jay ear tfk pawkreum spkogcm g`tkr-

    ksts. Dac` Omcyjraan,prksghk`t ae RujmgoOgtgzk`,fch tfgs ta scy cjaut fgs tcotgos4

    Xfgs gs c jaius kxousk ta jmaon

    ktfgos rkearl. Xfk _k`ctk fcs

    cppravkh tfk kcrlcrn rkearls

    spa sarkh jy HkLg`t fglskme, wfgof

    pcsskh jy c vatk ae 76-2 g` tfk

    ktfgos c`h majjyg`i rkearl mkigsmc-

    tga`, _. 3, tfct fk gs `aw jmaong`i.

    38 JkcsmkyCmmk`.oal

  • 8/9/2019 The Jere Beasley Report, Aug. 2007

    15/48

    Cmsa, tfk _k`ctk cmrkchy hgsomasks

    last kcrlcrns a`mg`k kvk` wgtfaut

    tfk mkigsmctga` g` pmcok.

    Mcst ykcr, wfk` oa`irkssga`cm Zkpuj-

    mgoc`s wkrk g` tfk lcdargty, tfky ngmmkh

    majjyg`i c`h ktfgos rkearl mkigsmctga`

    jy rkeusg`i ta cppag`t oa`ekrkks ta

    eg gsf tfk mkigsmctga`. Xfgs ykcr, tfk

    _k`ctk c`h Fausk cicg` cppravkh skpc-rctk rkearl jgmmswgtf tfk `kxt stkp

    jkg`i cppravcm ear c oa`ekrk`ok oal-

    lgttkk ta rksamvk tfk hgeekrk`oks. Oa`-

    irkss `kkhs ta ha wfct gs rgift c`h pcss

    tfgs mkigsmctga . Xfk pujmgo fcs jkk`

    wcgtg`i ear ykcrs a` Oa`irkss ta cot. Gts

    tglk ear cotga`!

    _aurok4 Rujmgo Ogtgzk`

    FA[_KRC__K_HZ[I_CEKXWAUKZFC[M

    Xfk [._.Fausk ae Zkprksk`tctgvks fcs

    cppravkh c swkkpg`i avkrfcum ae tfk

    `ctga`s hrui scekty systkl.Xfk 82?-35

    Fausk vatk eammawkh _k`ctk pcsscik g`

    Lcy ae sglgmcr mkigsmctga` ta strk`itfk`

    tfk cjgmgty ae tfk Eaah c`h Hrui Chlg`-

    gstrctga` (EHC) ta hktkot rgsny sghk

    keekots ae lkhgog`ks cmrkchy a` tfk

    lcrnkt. Oa`irkssga`cm c`h g`hkpk`hk`t

    g`qugrgks tfct wkrk oa`huotkh,

    pralptkh jy tfk :228 wgtfhrcwcm ae

    Ugaxx, eau`h tfk cik`oys scekty aeegokta jk u`hkrstceekh, gmm-kqugppkh, c`h

    avkrwfkmlkh. Cs c rksumt, oa`sulkrs

    fcvk jkk` pmcokh g` fcrls wcy jkocusk

    ae tfk ecgmg`is ae tfk pujmgo fkcmtf

    systkl.G fapk tfgs jgmm, ge eg`cmmy pcsskh,

    wgmm mcy tfk irau`hwarn ear rkstarg`i

    trust g` tfk EHC. [`eartu`ctkmy, tfk

    scekty mkigsmctga` tfct pcsskh,fawkvkr, gs

    pcrt ae c lkcsurk rkcutfargzg`i tfk oam-

    mkotga` ae g`hustry uskr ekks tfct eu`h

    lark tfc` fcme tfk EHCs juhikt earrkvgkwg`i `kw hruis.Xfkrk g` mgks luof

    ae tfk prajmkls wgtf tfk EHCgts

    hkpk`hk ok a` hrui g`hustry eu`hg i.

    Xfk Fausk jgmm eammaws tfk sclk jcsgo

    cppracof ta scekty cs tfk _k`ctk

    vkrsga`, jut oa`sulkr iraups scgh gt

    waumh igvk tfk EHC stra`ikr rkiumctary

    pawkrs g` salk crkcs. Jatf jgmms waumh

    skt up c oalputkrgzkh `ktwarn ta soc`

    lkhgocm g`surc`ok c`h pfcrlcoy

    rkoarhs ear pcttkr`s tfct oaumh sgi`cm

    prajmkls wgtf kw hruis.Xfk EHC aw

    rkmgks a` c`kohatcm rkparts sujlgttkh

    jy haotars c`h hrui oalpc`gks, wfgof

    crk jkmgkvkh ta ocpturk a`my c slcmm erco-

    tga` ae jch hrui rkcotga`s.

    Jut, c oalputkrgzkh systkl oaumh

    tcnk skvkrcm ykcrs ta hkpmay.Cmtfauif,

    tfk _k`ctk jgmm skts salk jk`oflcrns

    ear tfk EHC, tfk Fausk vkrsga` haks

    `at. Jatf jgmms waumh igvk tfk EHC chhg-

    tga`cm mkvkrcik g` hkcmg`i wgtf hrui

    oalpc`gks. Xfgs g`omuhks irkctkr

    cutfargty ta rkqugrk tfct prksorgjg`i mgt-

    krcturk ear haotars c`h pctgk`ts rkemkots

    tfk mctkst hctc a` rgsns, cs wkmm cs tfk

    pawkr ta arhkr`at dust rkqukst

    eammaw-up scekty stuhgks. _uof avkrsgift

    waumh jk ocrrgkh aut tfrauif rgsn lc`-

    ciklk`t pmc`s tcgmarkh ta spkogegohruis.Xfk rumks ear tfk rgsn pmc`s crk

    oalpmkx, jut pamgoy c`cmyst Ygmmgcl

    Ucuifc` ae Oa`sulkrs [`ga` jkmgkvks

    tfct, avkrcmm, tfk Fausk cppracof

    cppkcrs ta jk stra`ikr.Xfk Fausk jgmm

    cmsa g`omuhks stgeekr eg`ks ear hrui oal-

    pc`gks tfct vgamctk EHC rkqugrklk`ts

    c`h tgiftkr rumks ta rkhuok oa`emgots ae

    g`tkrkst cla`i autsghk sogk`tgsts wfa

    chvgsk tfk cik`oy.

    G fapk c Fausk-_k`ctk oa`ekrk`ok

    oallgttkk wgmm warn aut hgeekrk`oks

    jktwkk` tfk twa jgmms c`h rkpart c

    stra`i jgmm. Oa`irkssga`cm mkchkrs scy

    tfky wc`t ta sk`h Rrksghk`t Jusf c eg`cm

    vkrsga` tfgs sullkr. Gts u`omkcr faw

    tfk Yfgtk Fausk wgmm rkcot ta tfk eg`-

    gsfkh prahuot. Jkeark tfk _k`ctk vatkh

    g` Lcy, tfk Chlg`gstrctga` scgh gt cirkkh

    wgtf tfk iacms ae tfk mkigsmctga`, jut fch

    skrgaus oa`okr`s cjaut cspkots ae tfk

    rgsn pmc`s. G`tkrkstg`imy, tfk pfcrlcoku-

    tgocm g`hustry fcs kxprksskh suppart eartfk _k ctk jgmm.Xfcts sart ae socry!

    _aurok4 Mas C`ikmks Xglks

    UGGG.

    RZAH[OX

    MGCJGMGXW [RHCXK

    RZAH[OX_MGCJGMGXWOC_K_CZK_ALKXGLK_AUKZMAANKH

    Aur egrl fcs mkcr`kh avkr tfk ykcrs

    tfct c prahuots mgcjgmgty ocsk oc` salk-

    tglks jk avkrmaankh g` c latar vkfgomk

    orcsf u`mkss yau n`aw wfct ta maan ear

    c`h faw ta hktkot c patk`tgcm omcgl. Gts

    salktglks kcsy ta lgss suof c ocsk

    u`mkss c` kxpkrgk`okh mcwykr c`h qucmg-

    egkh g`vkstgictars c`h kxpkrts crk

    g`vamvkh kcrmy a` cetkr c latar vkfgomk

    orcsf aoours. Lc`y tglks tfk orcsf gs

    jmclkh a` hrgvkr krrar, c`h tfk prah-

    uots mgcjgmgty omcgl gs `kvkr kvk` maankh

    g`ta. Gts jkk` ly kxpkrgk`ok tfct c`yfgifwcy orcsf tfct g`vamvks hkctf ar

    skrgaus g`durgks sfaumh jk rkvgkwkh ta

    skk wfktfkr g` ecot tfkrk gs c orcsfwar-

    tfg`kss omcgl ar salk atfkr omcgl tfct

    fcs c prahuot hkekot cs c ocusk. Ae

    oaursk, c skrgaus g dury g` tfgs oa`tkxt

    lkc`s a`k g`vamvg`i skvkrk jrcg` g`dury,

    pcrcmysgs, ar salk atfkr g`dury tfct

    mkcvks c vgotgl wgtf pkrlc`k`t glpcgr-

    lk`t ct c sgi`gegoc`t mkvkm.

    Xfkrk crk cmm sarts ae prahuots mgcjgmgty

    ocsks g`vamvg`i latar vkfgomk orcsfks,c`h G cl mglgtg`i tfgs wrgtg`i ta tfask

    kvk`ts.C`y tglk c orcsf g`vamvks c ramm

    avkr ar c tgrk skpcrctga`, tfk g`vkstgic-

    tga` sfaumh g`omuhk tfk passgjgmgty ae c

    prahuots ocsk.Xfk sclk rumk ae tfulj

    cppmgks ge c eukm-ekh egrk gs tfk oumprgt.

    Cmsa, ge tfkrk gs c ecgmurk ae c skct jkmt ta