8/9/2019 The Jere Beasley Report, Aug. 2010

1/40

Aostronutea tb bver 54,777 sunsdroners eidc jbktc

 www.Neis`eyI``ek.dbj

Iumust >797

8/9/2019 The Jere Beasley Report, Aug. 2010

2/40>  www.Neis`eyI``ek.dbj 

O.

DIWOQB@

BNTE^XIQOBKT

 D BKM^ETT  W ITTET  ] I@@ T Q^EEQ  ^ EHB^J 

Wresoaekt Bniji cis somkea tce kew

 ]i`` Ttreet ^ehbrj `emos`itobk oktb `iwihter i `bkm ika comc`y-pirtosik nitt`e.

^emira`ess bh pirty ihho`oitobk, every

jejner bh Dbkmress scbu`a cive rei`-

ozea tcos jissove bverciu` bh tce kitobk‟s

niklokm `iws wis kedessiry. Qcos wis

tru`y ik costbrod evekt. Wrevektokm

ikbtcer keir-db``ipse bh tce kitobk‟s

hokikdoi` systej cia tb ne i tbp probroty

hbr tce Bniji Iajokostritobk ika hbr

Dbkmress. Ot tbbl keir`y twb yeirs bh

kembtoitobks tb put tce hoki` no`` tbmetcer

ika cbpehu``y tce hoki` prbaudt wo`` mettce fbn abke.

Qcos sweepokm bverciu` bh tce hokik-

doi` remu`itbry systej jiles nia`y-

keeaea dcikmes tb hokikdoi` servodes

remu`itobk. Qce no`` moves remu`itbrs

nrbia iutcbroty tb reok ok nikls, `ojot

rosl-tilokm ny hokikdoi` horjs, ika super-

 vose prevobus`y-ukremu`itea triaokm. Ot

i`sb jiles ot eisoer tb `oquoaite `irme,

hokikdoi``y-okterdbkkedtea okstotu-

tobks. Qce `emos`itobk i`sb dreites i kew

dbksujer prbtedtobk nureiu tb muira

imiokst `ekaokm inuses. Qcos os i jifbr

 vodtbry hbr dbksujers ika okvestbrs wcb

 wo`` cive kew prbtedtobks ok tceor dreaot

triksidtobks i`bkm wotc d`bser sdrutoky bh

rosly necivobr bk ]i`` Ttreet. Qce kew

`iw, wco`e kbt perhedt, wo`` prbvoae bver-

somct, trikspirekdy ika iddbuktino`oty tb

scoe`a tce Ijerodik pebp`e hrbj ikbtcer

edbkbjod hi``but.

Tburde6 I@.dbj

I@INIJI IQQB^KE_  M EKE^I@ ] O@@ T UE  NW B XE^  Q CE  B O@ T WO@@ 

 Ittbrkey Mekeri` Qrby Lokm, fbokea ny

Ar. ^bnert Nekt`ey ika ^bk Tpirls,

ikkbukdea `ist jbktc tcit ce wo`` ho`e

suot bk neci`h bh tce Ttite bh I`iniji

imiokst NW bver tce Aeepwiter Cbrozbk

bo` spo``. Qrby ce`a i press dbkherekde,

i`bkm wotc tce twb dikaoaites hbr mbver-

kbr, tb aosduss tce prbpbsea `iwsuot. Nbtc

Ar. Nekt`ey ika Dbjjossobker Tpirls

ikkbukdea tceor suppbrt ika jiae ot

d`eir tce `iwsuot wbu`a dbktokue remira-

`ess bh wcodc bh tcej os e`edtea mbverkbr

ok Kbvejner.

Qrby pboktea but tcit tce bo` spo`` os kbt

bk`y aijimokm tce dbist‟s edbsystej ika

edbkbjy, nut os ‐tcreitekokm tce stite

hrbj tbp tb nbttbj‚ nediuse bh `bstrevekue. Ce wis insb`ute`y dbrredt wcek

ce sioa tcit wcit cis ukhb`aea ok tce

Mu`h os ‐ukpredeaektea ok ots kiture ika

sdbpe.‚ Qce cirjhu` ehhedts wo`` ojpidt

mekeritobks tb dbje. Ot‟s mbba tb see tce

 Ittbrkey Mekeri` tile tcos immress ove

idtobk wcodc os nia`y keeaea tb prbtedt

tce okterests bh tce pebp`e bh I`i-

niji. Qce stite cis suhherea mreit`y ika

`bsses wo`` dbktokue hbr yeirs.

Tburdes6 Issbdoitea Wress, Norjokmcij Kews  ika

Jbno`e Wress-^emoster  

OO.

WB@OQODI@

BNTE^XIQOBKT

I D IKAOAIQE  T UWWB^QEA  N _  B K@_  Q CE  W EBW@E  ] OKT 

 ]cek Ar. ^bnert Nekt`ey wbk tce

rukbhh ok tce MBW projiry ny i `irmejirmok ot sekt scbdl wives tcrbumc tce

nbira rbbj bh tce I`iniji ^epun`odik

Wirty. Qce retorea Qusdi`bbsi pcysodoik

tbbl bk i`` bh tce tbp muks ok tce ^epun`o-

dik Wirty ika tbbl tcej i`` but tb tce

 wbbascea. Qce ^epun`odik `eiaerscop

suppbrtea Nria`ey Nyrke ika ittidlea Ar.

Nekt`ey, wotcbut fustohoditobk, ok tce

rukbhh. O abk‟t redi`` iky btcer projiry

homct wcere tce pirty `eiaerscop tbbl

soaes ika bpek`y suppbrtea bke bh tce

dikaoaites. Nria`ey Nyrke, wcb cia neekikboktea ny tce pirty nbsses, cia i`` tce

jbkey keeaea tb wok wotc eise bver i

hoe`a bh hbrjoain`e dikaoaites. Ok hidt, Liy

Ovey, wcb jbst dbksoaerea tb ne i pretty

strbkm dikaoaite, `eht tce projiry ika

arbppea nidl tb tce ride hbr @t. Mbver-

kbr. Iddbraokm tb sburdes, tcit aedosobk

 wis jiae nediuse bh pressure hrbj tce

pirty nbsses.

 ]cek tce ride hbr Mbverkbr stirtea ok

tce MBW projiry, bk`y hb`ls ok cos cbuse

aostrodt evek redbmkozea Ar. ^bnert Nekt-

`ey‟s kije. ]otcok tcit mrbup, bk`y i hew

rei``y ne`oevea tce retorea Qusdi`bbsi

abdtbr cia evek i s`omct dcikde bh

nedbjokm tce ^epun`odik kbjokee. Cive

tcokms ever dcikmea! Ar. Nekt`ey swept tb

i jbst ojpressove 8>-43% wok bver tce

jik wcb jbst experts ne`oevea it tcebutset wbu`a ne tce wokker. Tbje evek

he`t eir`y bk tcit Nria`ey Nyrke wbu`a

 wok wotcbut i rukbhh. Ot ippeirs tcit Ar.

Nekt`ey cia bk`y tce pebp`e ika percips

tce IEI bk cos soae ika ot pioa bhh. Ukhbr-

OK QCOT OTTUE

O. Dipot b̀ Bnservitobks . . . . . . . . . . . . . . . >

OO. Wb`otodi` Bnservitobks . . . . . . . . . . . . . . >

OOO. I ^epbrt bk tce Mu`h Dbist Aosister . . . 4

OX. Arum Jikuhidturers Hriua @otomitobk . . 8

 X. @emos`itove Cippekokms. . . . . . . . . . . . . . =

 XO. Dburt ]itdc . . . . . . . . . . . . . . . . . . . . . . 3

 XOO. Qce Kitobki` Tdeke . . . . . . . . . . . . . . . . ?

 XOOO. Qce Dbrpbrite ]br`a . . . . . . . . . . . . . . 97

OS. Dbkmressobki` Upaite . . . . . . . . . . . . . 99

 S. Qbybti @otomitobk . . . . . . . . . . . . . . . . . 9>

 SO. Wrbaudt @oino`oty Upaite . . . . . . . . . . . 91

 SOO. Jiss Qbrts Upaite . . . . . . . . . . . . . . . . 95

 SOOO. Nusokess @otomitobk . . . . . . . . . . . . . . . . 9=

 SOX. Ik Upaite bk Tedurotoes @otomitobk . . . . 93

 SX. Ejp`byjekt ika H@TI @otomitobk . . . . . 9?

 SXO. Wreaitbry @ekaokm . . . . . . . . . . . . . . . . >9

 SXOO. Wrejoses @oino`oty Upaite . . . . . . . . . . . >9

 SXOOO. ]brlp`ide Ciziras . . . . . . . . . . . . . . . >>

 SOS. Qrikspbrtitobk . . . . . . . . . . . . . . . . . . . >4

 SS. Irnotritobk Upaite . . . . . . . . . . . . . . . . >1

 SSO. Cei`tcdire Ossues . . . . . . . . . . . . . . . . >5

 SSOO. Ekvorbkjekti` Dbkderks . . . . . . . . . . . >8

 SSOOO. Qce Dbksujer Dbrker . . . . . . . . . . . . . >3

 SSOX. ^edi``s Upaite . . . . . . . . . . . . . . . . . . . 49

 SSX. Horj Idtovotoes . . . . . . . . . . . . . . . . . . . 48

 SSXO. Tpedoi` ^edbmkotobks . . . . . . . . . . . . . . 4=

 SSXOO. Hivbrote Non`e Xerses . . . . . . . . . . . . . . 43

 SSXOOO. D`bsokm Bnservitobks . . . . . . . . . . . . . . 43

 SSOS. Wirtokm ]bras . . . . . . . . . . . . . . . . . . . 4?

8/9/2019 The Jere Beasley Report, Aug. 2010

3/40   www.FereNeis`ey^epbrt.dbj 4

tukite`y, Nria`ey cisk‟t neek i very mri-

dobus `bser ika tcit cis diusea evek

jbre okterki` prbn`ejs wotcok tce pirty.

F IJET  IKAE^TBK  ] OKT  Q CE  ^ UKBHH 

 Fijes Ikaersbk wbk tce Aejbdritod

kbjokitobk hbr Ittbrkey Mekeri` ok tce

rukbhh wotc re`itove eise. Ce aeheiteaMo`es Werloks mettokm 87% bh tce vbte.

 Fijes os i rei` `iwyer‑civokm i `otomitobk

pridtode ok Jbktmbjery, abokm jbst`y

dovo` aehekse wbrl. Ce os ik exde``ekt

`iwyer ika os we``-respedtea ny cos

peers. Fijes wo`` ne i hbrjoain`e dikao-

aite ika wo`` hide tce MBW kbjokee

@utcer Ttrikme ok tce hi``.

I X ODQB^_  H B^  Q CE  W EBW@E  O K  T EKIQE  A OTQ^ODQ  >3 

Jy nrbtcer No``y Neis`ey aeheitea

 Fbckky Hbra ok tce Aejbdritod rukbhh hbr

tce Aostrodt >3 sekite seit, mettokm 83% bh

tce vbte. Qcos wis i jbst ojpressove wok

ok i cbt`y-dbktestea ride. Okterestokm`y,

No``y redeovea 33% bh tce vbte ok bur

cbje dbukty bh Nirnbur wcodc os jbst

somkohodikt. Ce wo`` hide Ar. Loj ]est hrbj

 Iunurk ok tce mekerì e`edtobk. No``y rik i

pbsotove ride, i``bwea kb kemitove ias,

ika aosdussea tce rei` ossues hidokm i`` bh

tce hb`ls ok tce dbuktoes jilokm upTekite Aostrodt >3.

N ̂ IA@E_  N _^KE  Q C^EIQEKEA  Q B  N U^K  A B]K  IEI‟ T  C BUTE 

Ar. Wiu` Cunnert siys ce okotoi``y

tcbumct Nria`ey Nyrke‟s ittidls bk tce

 IEI were fust huka-riosokm mojjodls. Nut

ot nedije quote bnvobus very eir`y bk

tcit tcos wis kbt tce Nyrke dijpiomk‟s

oktekt. IEI ika Wiu` Cunnert were fbokt`y

tirmetea is pb`otodi` ekejy kujner bke

ny tce jik wcb jbst everynbay

ne`oevea wbu`a wok tce MBW projiry

 wotc eise. Wiu`, exp`iokokm wcy IEI

hbumct nidl, bnservea6

 Oh Nria`ey Nyrke cia `eht us i`bke,

we wbu`a cive neek bk`y s`omct`y

okvb`vea ok tce mbverkbr‟s ride.

 Nisodi` ỳ ce di`̀ ea us but. Ce tcreit- 

ekea tb nurk bur cbuse abwk.

Qce Nyrke dijpiomk zerbea ok bk IEI

ok ik $3 jo``obk ittidl dijpiomk tcit

ekaea ok i abun`e-aomot ruk-bhh `bss tb Ar.

^bnert Nekt`ey. Wiu` tb`a Nbn @bwery, i

 very mbba repbrter wotc tce  Cuktsvo``e

Qojes, tcit IEI kbrji``y aevbtes ots

pb`otodi` wbrl tb tce `emos`itove ireki ika

tcit tce brmikozitobk wo`` returk tcere ok

tce mekeri` e`edtobk. Wiu` sioa tcit tce

`eiaers it IEI ‐jiae i aedosobk tcit ot wis toje tb nrokm Nria`ey‟s tcreit tb tceor

hb`ls tb tce vbters‟ ittektobk.‚ Ot nedije

bnvobus tcit Wiu` ne`oevea Nria`ey ‐wis

serobus inbut abokm aijime‚ tb tce issb-

doitobk ika ots jejners.

O wbu`a cive tb imree wotc Wiu` tcit

tce ^epun`odik projiry, ritcer tcik

okvb`vokm i `emotojite aenite bk ossues,

nedije ‐i reherekauj bk Nria`ey Nyrke‟s

hee`okms tbwira IEI.‚ Qcit wis i `bsokm

prbpbsotobk wotc vbters wcb were jbre

dbkderkea inbut tce stite‟s ukejp`by-jekt rite ika fbns tcik ‐oksoaer pb`otods‚

ok Jbktmbjery. I kujner bh `essbks

scbu`a cive neek `eirkea hrbj tce MBW

ika Aejbdritod projiroes ny dijpiomk

dbksu`tikts.

Tburdes6 I@.dbj ika Qce Cuktsvo``e Qojes 

I W BTOQOXE  M UNE^KIQB^OI@ D IJWIOMK  ] BU@A  N E  M BBA  H B^  I@INIJI

Qce munerkitbroi` kbjokees hrbj nbtc

tce Aejbdritod ika ^epun`odik pirtoes

cive prbjosea tb ruk pbsotove dijpiomks,

hree bh ittidl ias, ok tce mekeri` e`ed-

tobk. Qce pebp`e bh I`iniji aeserve tcit

sbrt bh i dijpiomk. Hbrtukite`y, nbtc

kbjokees jiae tce p`eame ika hbr tcit

^bnert Nekt`ey ika ^bk Tpirls scbu`a ne

dbjjekaea. O imree wotc ^bk tcit

 I`iniji aeserves i d`eik dijpiomk ruk

bk tce ossues nediuse tce stite os hidokm

sb jiky prbn`ejs, okd`uaokm tce Mu`h bo`

spo`` drosos ika very comc ukejp`by-

jekt. I`` I`inijoiks i`sb scbu`a imree

ika O ne`oeve jbst ab.

Qce projiry wokkers rik d`eik dij-

piomks ika tcit bnvobus`y pioa bhh hbr

tcej. Kbw we scbu`a i`` `bbl hbrwira tb

i dijpiomk ok tce hi`` wotc rei` ossues

neokm aenitea. Oh O cia tb sokm`e but tce

jiok ossues tce twb kbjokees scbu`a

iaaress, tcbse wbu`a ne6 tce dreitobk bh

mbba piyokm fbns< ojprbvokm pun`od eau-

ditobk it every `eve`< ika prbvoaokm iae-

quite cei`tc dire tb i`` I`iniji dotozeks.

Eidc dikaoaite wo`` cive tb exp`iok tb

tce vbters tcit oh kb iaaotobki` revekues

ire tb ne prbvoaea, exidt`y wcodc stite

prbmrijs wo`` ne dut ika wotcok tcbse

prbmrijs exidt`y wcere tce spedohod duts

 wo`` ne jiae. Kbnbay wcb rei``y ukaer-

stikas tce bperitobks bh stite mbverk-

jekt ika bur systej bh pun`od eauditobkdik trutchu``y siy tcit tcere ire suhhodoekt

revekues dbjokm ok tb huka exostokm prb-

mrijs wotcbut jissove duts. Ot wo`` ne

okterestokm tb see cbw tcos ossue os

cika`ea tcos hi`` ny tce dikaoaites is tcey

ipprbidc tce Kbvejner >ka E`edtobk Aiy.

OOO.

I ^EWB^Q BK QCE

MU@H DBITQAOTITQE^

T QIQE  IQQB^KE_  M EKE^I@T  D CI@@EKME  NW D @IOJT  W @IK  

Ttite Ittbrkeys Mekeri` cive sunjottea

i prbpbsi` tb Lek Heoknerm, wcb os ok

dcirme bh tce $>7 no``obk NW restbritobk

huka, tcit wbu`a kbt `ojot tce ijbukt bh

toje resoaekts cive tb ho`e d`iojs ika

 wbu`a kbt requore tcej tb wiove tceorromct tb sue NW. Qce dcoeh `iw ekhbrde-

jekt bhhoders hrbj tce hove Mu`h stites

jet ok Jbno`e wotc U.T. Ittbrkey Mekeri`

Erod Cb`aer ok joa-Fu`y. Iddbraokm tb Qrby

Lokm ika Foj Cbba bh Jossossoppo, tceor

jeetokm wis abjokitea ny ti`l bh i prb-

pbsi` Heoknerm sekt tb stites tcit wbu`a

cive ekaea d`iojs piyjekts ?7 aiys

ihter tce spo`` os dippea ika requore

pebp`e tb somk i re`eise bh `oino`oty nehbre

db``edtokm tceor ̀ ist dcedl hrbj NW. Qcit os

ukiddeptin`e tb tce Ittbrkeys Mekeri`

ika romcthu``y sb.

 Ittbrkey Mekeri` Cbba siys Cb`aer

redbmkozea tce h`iws ok tce Heoknerm

p`ik. Cb`aer ippirekt`y ukaerstikas hu``y

tcit tce ehhedts bh tce bo` spo`` wo`` ne

mbokm bk hbr yeirs ihter tce `eil os

stbppea. O ne`oeve ot wo`` ihhedt tce remobk

hbr it `eist >5 yeirs ika percips `bkmer.

Cbpehu``y, O ij wrbkm ika tce peroba bh

toje wo`` ne judc scbrter. Cb`aer os

8/9/2019 The Jere Beasley Report, Aug. 2010

4/401  www.Neis`eyI``ek.dbj 

puttokm tbmetcer i pike` bh `iwyers ika

bhhodoi`s, wotc ceivy represektitobk hrbj

tce Mu`h Dbist, tb ariht i kew prbpbsi` tb

sunjot tb Heoknerm. O imree wotc Qrby tcit

‐tce hbdus scbu`a ne bk prbtedtokm tce

Mu`h stites ika jilokm sure everybke os

jiae wcb`e.‚ O abk‟t trust NW tb ab tce

romct tcokm ny ots vodtojs nisea bk tce bo`

moikt‟s pist redbra ika bur experoekde

 wotc tce bo` okaustry. NW just ne ce`aiddbuktin`e hbr tce hu`` extekt bh `bsses

suhherea ny okaovoaui`s, nusokesses, ika

mbverkjekti` ektotoes.

Tburde6 I@.dbj

$>7 N O@@OBK  B O@ T WO@@ H UKA  J I_  T QI^Q  W I_JEKQT  O K  IUMUTQ 

Cbpehu``y, tce $>7 no``obk huka tcit NW

cis set isoae tb piy hbr `bsses diusea ny

tce aosister ok tce Mu`h wo`` stirt jilokmpiyjekts tcos jbktc. Lek Heoknerm tb`a i

jeetokm bh mbverkjekt bhhodoi`s ok @buoso-

iki bk Fu`y 95tc  tcit ce expedtea ‐i seij-

`ess triksotobk‚ hrbj NW jikimejekt tb

cos iajokostritobk. ]co`e kbtcokm cis

neek pioa hrbj tce huka sb hir, Heoknerm

d`iojea tcit ny tce eka bh tce horst weel

bh Iumust cos mrbup wbu`a ne reiay tb

jile piyjekts. Ot jiy ne tcit Jr. Heok-

nerm cis `et NW cive tbb judc okh`uekde

bk cbw tcos huka os tb ne iajokosterea.

Cbpehu``y, O‟j wrbkm, nut we wo`` sbbk

hoka but.

Tb oh tce Heoknerm prbfedtobk os iddu-

rite, i hew d`iojs scbu`a cive neek pioa

ny tce toje tcos ossue os redeovea. Cbpe-

hu``y, tce prbdess wo`` wbrl ika i`` `emoto-

jite d`iojs wo`` ne pioa. Cbwever, nehbre

NW mets iky hu`` re`eises bh `oino`oty tcere

just ne i prbdess ok p`ide tcit idtui``y

piys i`` d`iojs hbr `bsses tb aite, ika

prbvoae hbr hu`` piyjekt bh i`` huture

`bsses. O ij dbkderkea tcit tce huka wo``

kbt piy hbr i`` bh tce `bsses okdurrea,

eotcer pist br huture, ika tcit pbses i

jifbr prbn`ej. Qcere just ne i prbde-

aure nuo`t oktb tce d`iojs-cika`okm

prbdess eksurokm tcit okaovoaui`s ika

nusokesses wo`` ne hu``y dbjpeksitea hbr

tceor `bsses. O i`sb ne`oeve sbjenbay wotc

iutcbroty just jbkotbr tce jik bperit-

okm tce huka tb jile sure NW os kbt

civokm tbb judc okh`uekde bk wcb os

pioa ika cbw judc. U`tojite`y, O ne`oeve

tce fuaodoi` systej wo`` cive tb ne

okvb`vea tb issure tcit okaovoaui`s ika

nusokesses ire treitea hior`y.

Tburde6 Issbdoitea Wress

NW O T  W @IKKOKM  O QT  @EMI@ A EHEKTE 

 ]co`e tce vodtojs bh tce jissove bo`

spo`` ire suhherokm ika see `ott`e cbpe hbrtceor huture, NW cis neek nusy p`ikkokm

ots aehekse tb tceor vodtojs‟ d`iojs. Hbr tce

`ist hew weels, NW cis neek bhherokm

somkokm nbkuses ika `udritove piy tb

prbjokekt sdoektosts hrbj pun`od ukover-

sotoes ok tce Mu`h Dbist stites tb wbrl bk

ots aehekse imiokst spo`` `otomitobk. Wirt bh

tce aehekse p`ik os tb put ok i dbkh`odt sot-

uitobk i`` pbtektoi` experts wcb jomct

 wbrl hbr vodtojs‟ `iwyers. Hbr exijp`e,

NW troea tb core tce ektore jiroke sdo-

ekdes aepirtjekt it Qce Ukoversoty bhTbutc I`iniji. Qb ots dreaot, tce ukover-

soty aed`okea nediuse bh dbkhoaektoi`oty

restrodtobks tcit NW sbumct bk iky

reseirdc abke.

Qce Jbno`e Wress-^emoster  bntiokea i

dbpy bh i dbktridt bhherea tb sdoektosts ny

NW. Ot prbconots tce sdoektosts hrbj pun-

`oscokm tceor reseirdc, scirokm ot wotc

btcer sdoektosts br speilokm inbut tce

aiti tcey db``edt hbr it `eist tce kext

tcree yeirs. Nbn Tcopp, ceia bh jiroke

sdoekdes it tce Ukoversoty bh Tbutc I`iniji, tb`a tce Jbno`e piper6

]e tb`a tcej tcere wis kb wiy we

wbu`a imree tb iky loka bh restrod- 

tobks bk tce aiti we db``edt. Ot wis

 pretty d`eir we wbu`ak‟t ne ceirokm

 hrbj tcej imiok ihter tcit. ]e

aoak‟t `ole tce perdeptobk bh tce uko- 

versoty represektokm NW ok iky

 hiscobk.

Qcere os kb te``okm cbw jiky sdoektosts

ika ukoversotoes cive neek ipprbidceany NW. Tbje wo`` iddept tce bhhers ika

tile NW‟s jbkey. ]cy wbu`a tce

dbjpiky ojpbse dbkhoaektoi`oty restrod-

tobks bk sdoektohod aiti mitcerea bk ots

neci`h2 NW wo`` piy trejekabus ijbukts

ok ik ittejpt tb dbrker tce jirlet bk

ivio`in`e experts. Qcit os ik okaoditobk bh

tce bo` moikt‟s irrbmikde ika ots true

oktekt wcek ot dbjes tb piyokm d`iojs

ika d`eikokm up tce jess ot cis diusea.

Qce Wress-^emoster  repbrtea tcit sdoek-

tosts hrbj @buosoiki Ttite Ukoversoty, Jos-

sossoppo Ttite Ukoversoty ika Qexis I&J

cive i`reiay iddeptea NW‟s prbpbsi`s. Tdo-

ektosts wcb stuay jiroke okvertenrites,

p`ikltbk, jirsc ekvorbkjekts, bdeikbm-

ripcy, scirls ika btcer tbpods cive neek

sb`odotea. Qce dbktridt jiles ot d`eir tcit

NW os seelokm tb iaa sdoektosts tb tce `emi`

teij tcit wo`` homct tce Kituri` ^esburdesAijime Issessjekt `iwsuot tcit tce

heaeri` mbverkjekt wo`` nrokm is i resu`t

bh tce Mu`h bo` spo``. Okaovoaui` d`iojs wo``

i`sb ne ihhedtea.

^odcira Tciw, issbdoite aeik bh @TU‟s

Tdcbb` bh tce Dbist ika Ekvorbkjekt,

siys tcit tce NW dbktridts ire cokaerokm

tce sdoektohod dbjjukoty‟s ino`oty tb

jbkotbr tce ehhedts bh tce Mu`h spo``. Qce

dbktridt requores sdoektosts tb imree tb

 wotccb`a aiti evek ok tce hide bh i dburt

braer oh NW aedoaes tb homct sudc ik braer.Ot stopu`ites tcit sdoektosts wo`` ne pioa

bk`y hbr reseirdc ipprbvea ok wrotokm ny

NW. Qce dbktridts cive tce iaaea ojpidt

bh `ojotokm tce kujner bh sdoektosts wcb

 wbu`a ne ivio`in`e tb wbrl wotc heaeri`

imekdoes.

Tburde6 Jbno`e Wress-^emoster 

NW ] BK ‟ Q  N E  Q CE  B K@_  D BJWIK_  @OIN@E  H B^  B O@ T WO@@

U.T. Ittbrkey Mekeri` Erod Cb`aer os

dertiok`y dbrredt tcit tce heaeri` mbverk-

jekt dbu`a cb`a btcer dbjpikoes

okvb`vea ok tce bo` spo`` `oin`e hbr d`eikup

ika d`iojs dbsts. Ce sioa `ist jbktc ok

Aiupcok Os`ika tcit tce mbverkjekt os

‐`bblokm it i`` tce dbjpikoes okvb`vea ok

tce spo``,‚ ika tcit ‐we‟re nbuka ika

aeterjokea tb cb`a i`` bh tcej iddbukt-

in`e.‚ Tb hir NW W@D cis neek tce bk`y

dbjpiky scbu` aerokm su dc dbsts.

Dbjpiky bhhodoi`s d`ioj tce Nrotosc bo`

moikt cis spekt jbre tcik $4 no``obk bk

d`eik-up ika ehhbrts tb dip tce `eilokm

 we``. Qcey i`sb siy tce dbjpiky cis

spekt jbre tcik $987 jo``obk piyokm

d`iojs.

NW os tce jifbroty bwker bh tce we``

tcit wis pburokm bo` oktb tce Mu`h bh

Jexodb it ik estojitea rite bh >.5 jo``obk

mi``bks bh bo` i aiy ukto` i dip hoki``y

stbppea tce h`bw. Qwb btcer dbjpikoes

8/9/2019 The Jere Beasley Report, Aug. 2010

5/40   www.FereNeis`ey^epbrt.dbj 5

i`sb bwk stiles‑Qexis-nisea Ikiairlb

Wetrb`euj Dbrp. bwks >5% ika Jbex

Bhhscbre, i sunsoaoiry bh Fipikese dbk-

m`bjerite Jotsuo & Db., bwks 97%. Twot-

zer`ika-nisea Qriksbdeik bwks tce rom

tcit exp`baea ika wis `eisokm ot tb NW.

Cbustbk-nisea Ci``onurtbk wis pujpokm

dejekt s`urry oktb tce aro`` cb`e probr tb

tce Cbrozbk‟s exp`bsobk. I`` bh tcese dbj-

pikoes wo`` cive `emi` respbksono`oty‑ok viryokm aemrees‑tb tce vodtojs bh tce

aosister.

Tburde6 I@.dbj

A OTWE^TIKQ  A UJWOKM  D BU@A  N EDBJE  IJ IFB^  O TTUE  O K  Q CE  M U@H  B O@ T WO@@ 

Tbje very rei` ika aosturnokm trekas

cive dbje tb `omct remiraokm NW‟s ukpred-

eaektea use bh Dbrexot ?577, ika btcer

tbxod bo` aospersikts, tb dbjnit tce Mu`hbo` spo``. Qce bo` aospersikts, jikuhid-

turea ny Ki`db, Okd., ire aesomkea tb idt

`ole aoscwiscokm aetermekt ika nreil up

tce bo` oktb sji``er arbp`ets‑tcereny

leepokm tce bo ` iwiy hrbj tce

scbre. Qcey ire i`sb very tbxod‑prbaudt

evi`uitobks bh Dbrexot ?577 okaodite ot

dbu`a ne hbur tojes jbre tbxod tcik

druae bo`.

Ok tbti`, NW cis repbrtea aujpokm jbre

tcik > jo``obk mi``bks bh tce dcejodi`s

sokde tce spo`` nemik‑nbtc ny ior, nbit

ika aeep ukaersei. Qcos kujner repre-

sekts tce mreitest aep`byjekt bh aosper-

sikts ok costbry. Is ^bki`a Lekai``,

aoredtbr bh Qce Okstotute bh Ekvorbkjekti`

ika Cujik Cei`tc ok @unnbdl, Qexis, put

ot, ‐]e‟re witdcokm tce nommest edb`bmodi`,

tbxodb`bmy experojekt ok bur kitobk‟s

costbry…ukaerwiter pbb`s bh bo` cive

hbrjea tcit ire >7 jo`es `bkm.‚

NW cis i`sb neek ukwo``okm tb hb``bw

tce EWI‟s okstrudtobk remiraokm ots

aujpokm. Ok Jiy, tce EWI aejikaea tcit

NW use `ess tbxod aospersikts tcik Dbrexot

?577. Ok hidt, bke aospersikt, lkbwk is

Aospersot, os inbut twode is ehhedtove ok

nreilokm bo` abwk ika hir `ess tbxod tcik

Dbrexot ?577. Nut, NW rehusea tb hb``bw

tce EWI‟s `eia ika dbktokues tb use

Dbrexot ?577. Tunsequekt`y, tce EWI

braerea NW tb dut ots use bh bo` aosper-

sikts ny =5 perdekt. ]co`e NW dbktekas ot

cis dut nidl bk aospersikt aujpokm, i

DKK repbrt stitea ‐\nZut evek ny tce

EWI‟s bwk stikairas, NW sto`` rbutoke`y

exdeeas tce aio`y tcrescb`a…NW cis

mbke bver tcit ijbukt 57 perdekt bh tce

toje sokde tce Jiy >8 aoredtove wis

ossuea.‚

Evek jbre trbun`okm os cbw NW cis

dcbsek tb iajokoster aospersikts. Is we

cive `eirkea, aospersikts cive kever

neek okfedtea oktb bo` it tce aeptcs NWcis abke ok respbkse tb tce spo``. ^epbrts

i`bkm tce dbist summest NW os aujpokm

tcbusikas bh mi``bks bh aospersikts iafi-

dekt tb, ika sbjetojes idtui``y bk, tce

Mu`h Dbist. ^ikay @ikdtbt, exedutove

aoredtbr bh tce @buosoiki ]o`a`ohe Heaeri-

tobk, wbrroes tcit aospersikts ire neokm

usea tbb d`bse tb tce dbist. Ce sioa, ‐aos-

persikts ire kbt suppbsea tb ne ipp`oea

hrbj iordriht wotcok tcree jo`es bh `ika,

iddbraokm tb Dbist Muira prbtbdb`. O‟j

kbt sure tcit ru`e os neokm predose`y hb`-`bwea.‚

Qilek tbmetcer, tcos jiy exp`iok wcy

sb jiky hb`ls ire hi``okm extreje`y o`` ok

tce bo` d`eikup, ika wcy resoaekts

tcrbumcbut tce Mu`h Dbist ire repbrtokm

severe upper resporitbry ika mistrboktes-

toki` ossues sokde tce bo` nemik dbjokm

iscbre‑i`` te``-ti`e somks bh Dbrexot expb-

sure. ]co`e NW dbktokues tb aujp tcbu-

sikas bh mi``bks bh tcese tbxod dcejodi`s

i`bkm tce Mu`h Dbist, bur horj os okvesto-

mitokm tce pbtektoi` cirjhu` ehhedts ikaprbperty dbktijokitobk d`iojs tcit jiy

ne resu`tokm. Oh ybu cive iky questobks,

p`eise dbktidt Wirler Jo``er ok bur Qbxod

Qbrts Tedtobk it 377-3?3->741 br ny ejio`

it Wirler.Jo``erGneis`eyi``ek.dbj.

Tburdes6 DKK  ika Qce @buosoiki ]eel`y 

B O@ T WO@@ A OTWE^TIKQT  H BDUT  B H  K E]  @I]TUOQ 

 Is pboktea but inbve, `iwyers ok bur

horj, experts we ire aei`okm wotc, ika

jiky btcer lkbw`eamein`e experts

ne`oeve tcit tce dcejodi`s usea ok tce

Mu`h wo`` prbve tb ne i trejekabus

prbn`ej. Hbrtukite`y, NW‟s use bh dcejo-

di`s tb aosperse tce spo``ea bo` os kbw

dbjokm ukaer rekewea sdrutoky. O fust

cbpe ot‟s kbt tbb `ite. Ekvorbkjekti`osts

ire kbw ceiaokm tb dburt tb seel jbre

okhbrjitobk inbut pbtektoi` cei`tc

ciziras. Iaaotobki``y, i Tekite pike` os

cb`aokm ceirokms bk tce ossue.

Eirtcfustode ho`ea i heaeri` `iwsuot bk

 Fu`y 91tc  ok H`broai tb hbrde tce Ekvorbk-

jekti` Wrbtedtobk Imekdy tb turk bver

sihety stuaoes bk tce dcejodi`s. EWI dcoeh

@osi Fidlsbk testohoea bk tce aospersikts

nehbre tce Tekite Tundbjjottee bk Dbj-

jerde, Fustode ika Tdoekde. NW d`iojs tce

dcejodi`s cive lept judc bh tce spo``hrbj reidcokm tce Mu`h dbist. Qcit isser-

tobk os sunfedt tb neokm questobkea is tb

ots veridoty. I`sb, tce extekt bh aijime

abke bk tce h`bbr bh tce Mu`h os yet tb ne

aeterjokea. Oh ybu cive homurea but tcit O

abk‟t trust NW, ybu ire 977% dbrredt.

Tburde6 Issbdoitea Wress

NW IDDUTEA  B H  X OB@IQOKM  E KAIKME^EA  T WEDOET  IDQ 

 I dbi`otobk bh ikoji` romcts ika dbkser-

 vitobk mrbups ho`ea i heaeri` `iwsuot `ist

jbktc, iddusokm NW bh vob`itokm tce

Ekaikmerea Tpedoes Idt ika btcer heaeri`

`iws. Qce `iwsuot dbktekas tcit ‐dbk-

trb``ea nurks‚ ok tce Mu`h bh Jexodb‑

 wcodc okvb`ves bo` neokm dbrri``ea ny

nbbj ika tcek `ot bk hore‑ire hiti` tb

ekaikmerea sei turt`es. Is cis neek

 woae`y repbrtea, tce dreitures ire ukin`e

tb esdipe tce nbbj ika ire tcek ‐nurkea

i`ove.‚ Qce `iwsuot wis ho`ea ok tce U.T.

Aostrodt Dburt hbr tce Eisterk Aostrodt bh

@buosoiki ny I]O i`bkm wotc tce Dekter

hbr Nob`bmodi` Aoversoty, Qurt`e Os`ika ^es-

tbritobk Ketwbrl ika Ikoji` @emi`

Aehekse Huka.

W EBW@E  O K  D BITQI@ I@INIJI Q ̂ EIQEA  H B^  B O@ E SWBTU^E 

 Iddbraokm tb I`iniji Aepirtjekt bh

Wun`od Cei`tc bhhodoi`s, is bh joa-Fu`y, bver

977 pebp`e cive i`reiay mbke tb `bdi`ejermekdy rbbjs, d̀ okods ika urmekt dire

dekters sokde Jiy 91tc  dbjp`iokokm bh io`-

jekts re`itea tb tce bo` spo``. Cei`tc bhho-

doi`s ire dbkaudtokm surveo``ikde idrbss

tce stite tb jbkotbr ehhedts re`itea tb tce

spo`` it jbre tcik >7 sotes ok Jbno`e ika

Ni`awok dbuktoes. Qce jifbroty bh tce

pitoekts dbjp`iokokm bh bo`-diusea syjp-

tbjs were expbsea ny wiy bh okci`itobk.

Btcers nedije sodl nediuse bh dbktidt br

8/9/2019 The Jere Beasley Report, Aug. 2010

6/408  www.Neis`eyI``ek.dbj 

okmestobk. Qcese kujners ire expedtea tb

mrbw judc `irmer is toje pisses.

Tburde6 I@.dbj

B O@ T WO@@ D BU@A  D BTQ  M U@H  D BITQ  9=,777 F BNT 

Ot‟s estojitea tcit tce bo` spo`` ok tce

Mu`h jiy dbst tce remobk 9=,777 fbns ikainbut $9.> no``obk ok `bst edbkbjod

mrbwtc ny yeir‟s eka. I repbrt ny

 Jbbay‟s Iki`ytods bk tce sunfedt wis

re`eisea `ist jbktc. Qce estojites

issuje tce h`bw bh bo` wo`` ne stbppea

perjikekt`y. Qce repbrt siys edbkbjod

`bsses dbu`a reidc $=.1 no``obk, ika tcit

jbre tcik 977,777 fbns dbu`a ne `bst.

Cbpehu``y, tcese estojites wo`` prbve tb

ne tbb comc. Nut, wotcbut iky abunt, tce

`bsses wo`` ne trejekabus.

Q CE^E  I^E  >=,777 INIKABKEA  ] E@@T  O K  Q CE  M U@H 

Ot wis repbrtea redekt`y ny tce Issbdo-

itea Wress tcit tcere ire jbre tcik

>=,777 inikabkea bo` ika mis we``s ok

tce cira rbdl nekeitc tce Mu`h bh

Jexodb. Ik IW okvestomitobk hbuka tcit

kbnbay os okspedtokm iky bh tcese we``s

hbr `eils. Qce b`aest bh tcese we``s were

inikabkea ok tce `ite 9?17s. Qcos tiles

bk jbre ojpbrtikde nediuse bh tce Ipro`rom aosister ok tce Mu`h. Cbpehu``y, tce

inikabkea we``s wbk‟t diuse jbre

serobus prbn`ejs ok tce huture.

Qce IW okvestomitobk ukdbverea pirtod-

u`ir dbkderk wotc 4,577 bh tce kem`edtea

 we``s‑tcbse dciridterozea ok heaeri` mbv-

erkjekt redbras is ‐tejpbriro`y inik-

abkea.‚ O wis ukiwire tcit remu`itobks

hbr tejpbriro`y inikabkea we``s requore

bo` dbjpikoes tb presekt p`iks tb reuse

br perjikekt`y p`um sudc we``s wotcok i

 yeir. Bo` dbjpiky represektitoves oksosttcit tce sei` bk i dbrredt`y p`ummea bhh-

scbre we`` wo`` `ist hbrever. Nisea bk bur

aei`okms wotc tce bo` dbjpikoes, cbwever,

O wbu`a tile wcit tcey siy wotc ‐i mriok

bh si`t.‚ Cbpehu``y, ok tcos okstikde, tcey

ire neokm trutchu` ika idtui``y cive i

hidtui` nisos hbr tce stitejekts. Ok iky

evekt, tce hidt tcit tcbusikas bh tcese

 we``s exost dije is i scbdl tb je.

Tburde6 Issbdoitea Wress

OX.

A^UM

JIKUHIDQU^E^T

H^IUA @OQOMIQOBK

^ OTL_  A ̂ UMT  W U@@EA  H ̂ BJ  Q CE  J I^LEQ  O K  ^ EDEKQ  _ EI^T 

Qcere cive neek i somkohodikt kujner

bh arums put bk tce jirlet ny tce arum

jikuhidturers tcit scbu`a kever cive

neek ipprbvea ny tce U.T. Hbba ika Arum

 Iajokostrit obk. ]cek i arum‟s ro sls

exdeea ots nekehots, tce HAI jiy isl br

braer i dbjpiky tb wotcariw ot hrbj tce

jirlet, br i dbjpiky jiy ab sb bk ots

bwk. Nisea bk wcit we cive `eirkea

aurokm exteksove `otomitobk wotc tce arum

okaustry, O ij mreit`y dbkderkea inbut

tce HAI‟s perhbrjikde. Ijerodiks lkbwinbut Xobxx ika sbje bh tce btcer aik-

merbus arums tcit scbu`a kever cive

neek i``bwea bk tce jirlet. Nut jbst bh

tceor okhbrjitobk dije inbut bk`y

nediuse bh tce Xobxx `otomitobk. Qce hb`-

`bwokm ire sbje arums wotcariwk sokde

9??=.

>797

• Jy`btirm

  • Use6 Idute jye`boa `eulejoi

  • ^osls6 @over aoseise  • Jikuhidturer6 Whozer Okd. (hbr-

jer`y ]yetc)

>77?

• ^iptovi

  • Use6 Wsbroisos

  • ^osls6 I rire nriok okhedtobk

  • Jikuhidturer6 Mekektedc 

>77=

• Ve`kbrj

  • Use6 ̂ e`oeves dbkstopitobk

  • ^osls6 Okdreisea rosl bh ceirt

prbn`ejs

  • Jikuhidturer6 Kbvirtos IM

• Werjix

  • Use6 Wirloksbk‟s aoseise

  • ^osls6 Ceirt vi`ve aijime

  • Jikuhidturer6 Xi`eikt Wcirji-

deutodi`s Okterkitobki`

>775

• Dy`ert

  • Use6 Ittektobk aehodot cyperidtov-

oty aosbraer 

  • ^osls6 @over prbn`ejs, okd`uaokm

aeitc 

  • Jikuhidturer6 Innbtt @inbritb-

roes

• Nextri  • Use6 Wioklo``er 

  • ^osls6 Jiy okdreise tce rosl bh

ceirt ittidls ika strbles< i`sb

jiy diuse rire nut serobus slok

dbkaotobks

  • Jikuhidturer6 Whozer Okd.

• Qysinro

  • Use6 Ju`top`e sd`erbsos

  • ^osls6 ^ire, nut `ohe-tcreitekokm

soae ehhedt

  • Jikuhidturer 6 Nobmek Oaed

Okd. Ika E`ik Dbrp. W@D

  • Kbte6 Arum returkea tb jirlet

ok >778 ukaer i restrodtea aostro-

nutobk.

>771

• Xobxx

  • Use6 Ikto-okh `ijjitbry 

  • ^osls6 Ceirt ittidls, strbles

  • Jikuhidturer6 Jerdl & Db.

>779

• Niydb`

  • Use6 @bwers dcb`esterb`

  • ^osls6 Tevere aijime tb jusd`e,

sbjetojes hiti`

  • Jikuhidturer6 Niyer 

>777

• @btrbkex

  • Use6 Orrotin`e nbwe` sykarbje

(wbjek)

  • ^osls6 Oktestoki` aijime hrbj

reaudea n`bba h`bw 

  • Jikuhidturer6 M`ixb ]e``dbje

(kbw M`ixbTjotcL`oke W@D)

• Wrbpu`soa

  • Use6 Komctoje ceirtnurk

  • ^osls6 Hiti` ceirt rcytcj inkbr-

ji`otoes

  • Jikuhidturer6 Fikssek Wcirji-

deutodi

8/9/2019 The Jere Beasley Report, Aug. 2010

7/40

• ^ezu`ok

  • Use6 Aoinetes

  • ^osls6 Tevere `over tbxodoty 

  • Jikuhidturer6 Wirle-Aivos/

 ]irker-@ijnert

9???

• Cosjiki`

  • Use6 Iktocostjoke

  • ^osls6 ]otc btcer arums br comcabse dik diuse hiti` ceirt

rcytcj

  • Jikuhidturer6 Fikssek Wcirji-

deutodi

• ^ixir 

  • Use6 Iktonobtod

  • ^osls6 Hiti` ceirt rcytcj inkbr-

ji`otoes

  • Jikuhidturer6 M`ixb ]e``dbje

(kbw M`ixbTjotcL`oke W@D)

9??3

• Wbsodbr 

  • Use6 Comc n`bba pressure ,

dcrbkod stin`e ikmoki

  • ^osls6 Aikmerbus okteridtobk

 wotc btcer arums

  • Jikuhidturer6 ̂ bdce

• Auridt

  • Use6 Wiok re`oever 

  • ^osls6 Tevere `over aijime

  • Jikuhidturer6 ]yetc-Iyerst

• Te`aike

  • Use6 Iktocostijoke

  • ^osls6 Hiti` ceirt rcytcj inkbr-

ji`otoes

  • Jikuhidturer6 Cbedcst Jirobk

^busse`, Niler Kbrtbk

9??=

• Wbkaojok

  • Use6 Bnesoty 

  • ^osls6 Ceirt vi`ve inkbrji`otoes

  • Jikuhidturer6 ]yetc-Iyerst• ^eaux

  • Use6 Bnesoty 

  • ^osls6 Ceirt vi`ve inkbrji`otoes

  • Jikuhidturer6 ]yetc-Iyerst

 ]cek ybu dbksoaer tcit eidc bh tce

arums `ostea inbve dreitea i severe sihety

rosl, ot‟s quote evoaekt tcit tce HAI just

ab i netter fbn. ]e `eirkea tcrbumc `emos-

`itobk tcit tce jirletokm hb`ls ire kbw

rukkokm tce arum dbjpikoes ika tcey

cive put tce jeaodi` prbhessobki`s ok tce

dbjpikoes bk tce sce`h. Qcit‟s pirt bh tce

prbn`ej ika ot resu`ts ok uksihe arums

neokm ruscea tb jirlet. Qce HAI os hir

tbb aepekaekt bk tce arum dbjpikoes

hbr okhbrjitobk re`itokm tb kew arum

ipp`oditobks. Cbpehu``y, Dbkmress wo``

upmriae tce HAI ika aejika i netter

perhbrjikde ok tce huture.Tburde6 Hbrnes 

D I@OHB^KOI D BU^Q  ^ EOKTQIQET  W CI^JID_  T UOQ  B XE^  W ̂ ODOKM  N _  A ̂ UM  J ILE^T  

Qce Di`ohbrkoi Tupreje Dburt cis reok-

stitea i `iwsuot ok wcodc retio` pcirji-

does iddusea jifbr arum jilers bh

dbksporokm tb set prodes it irtohodoi``y comc

`eve`s. Qce pcirjidoes‟ `iwsuot i``emes

Whozer Okd. Ika IstriVekedi W@D, is we``is kujerbus btcer arum jilers, idtea tb

restriok ojpbrtitobk oktb tce Ukotea

Ttites bh tceor `bwer-prodea hbreomk arums

ika tb restrodt prode dbjpetotobk hrbj

dceiper mekerod arums. Qce suot d`iojea

tcit is i resu`t arum prodes were 57% tb

177% comcer tcik hbr tce sije arums sb`a

butsoae tce U.T.

Qce iktotrust `iwsuot cia prevobus`y

neek aosjossea ihter i troi` dburt ika

ippei`s dburt dbkd`uaea tcit tce pcir-

jidoes `idlea stikaokm nediuse tcey

pissea tce i``emea bverdcirmes bk tb dbk-

sujers ika tcus sustiokea kb aijimes.

Nut ok i ru`okm bk Fu`y 9>, tce Di`ohbrkoi

Tupreje Dburt ru`ea tcit arum jilers

dbu`ak‟t use tcos aehekse ika rejikaea

tce suot tb tce `bwer dburt hbr hurtcer

prbdeeaokms. Qce comcer dburt essektoi``y

dbkd`uaea tcit tce retio` pcirjidoes

 wbu`a sto`` ne in`e tb irmue tcey suhherea

aijimes evek oh tcey pissea i`bkm jiku-

hidturers‟ i``emea bverdcirmes. Qce pcir-

jidoes tcit ho`ea tce suot ire `irme`y

okaepekaekt.

Ot scbu`a ne kbtea tcit tce Dburt aoak‟t

ru`e bk tce ukaer`yokm jerots bh tce

dise. Qcit wo`` ne up tb tce troi` dburt

ihter tce suot os rejikaea. Qce ittbrkey

represektokm tce retio` pcirjidoes

ne`oeves tce ceias bh tce arum jilers

jet bhtek ika cia dbkversitobks inbut

prodokm tcit resu`tea ok leepokm U.T. arum

prodes irtohodoi``y comc. Qce pcirjidoes

ire seelokm severi` cukarea jo``obk

ab``irs hrbj tce arum dbjpikoes. Ok iaao-

tobk tb Whozer ika IstriVekedi, btcer

Aehekaikts ok tce suot okd`uae Jerdl &

Db. Ika M`ixbTjotcL`oke W@D.

Tburde6 ]i`` Ttreet Fburki`  

X.

@EMOT@IQOXE

CIWWEKOKMT

Q CE  N IQQ@E  H B^  W B]E^  O K  Q CE  H I@@

Ot ippeirs tce ^epun`odik Wirty wo``

speka jo``obks bh ab``irs tcos hi`` ok ik

ittejpt tb tile bver tce I`iniji @emos`i-

ture. Tbje siy tce pirty `eiaers scbu`a

cive `eirkea i `essbk ok tce projiry ika

scbu`a kbw rei`oze spekaokm jo``obks bh

ab``irs abesk‟t kedessiro`y resu`t ok

 wokkokm i ride. It tce ver y `eist , ot

ippeirs tce pirty `eiaers jiy kbw rei``y

ne`oeve tceor bwk kews re`eises ika ne

muo`ty bh i `ott`e irrbmikde. Wersbki``y, O

ne`oeve tcit i `emos`itove ride os se`abj

ihhedtea ny pebp`e ika okh`uekdes

butsoae tcit spedohod aostrodt. Is cis neek

sioa, ‐jbst pb`otods ire ̀ bdi`,‚ ika O ne`oeve

tcit dertiok`y ipp`oes cere. Oh i `emos`itbr

os pbpu`ir it cbje, dcikdes ire tcit

persbk wo`` ne sekt nidl tb Jbktmbjery.

Nut oh tcit `emos`itbr‑^epun`odik br

Aejbdritod‑cisk‟t abke i mbba fbn ika

os ukpbpu`ir it cbje, ce br sce wo`` ne

aeheitea. Ok iky evekt, ot wo`` ne okterest-

okm tb see cbw tce `emos`itove rides turk

but bk Kbvejner >ka.

T WEILE^  C IJJEQQ  ] O@@ N E  J OTTEA 

Tetc Cijjett, wcb cis servea in`y is

Tpeiler bh tce Cbuse bh ^epresektitoves

hbr severi` terjs, aoak‟t seel ree`edtobk, wcodc jeiks tcere wo`` ne i kew speiler

ok >799. ]co`e Tetc wisk‟t h`iscy, ce wis

i jbst ehhedtove `eiaer. Qce retorokm

Tpeiler‟s `eiaerscop sty`e wis ritcer

ukoque ok tcit ce se`abj cia tb use tce

pbwer bh tce mive` tb jile tcokms

cippek. Tetc‟s reputitobk hbr hiorkess wis

eirkea aurokm cos tekure. Ce wis comc`y

respedtea ny tce jejners bh tce Cbuse

ika wo`` ne jossea.

 www.FereNeis`ey^epbrt.dbj =

8/9/2019 The Jere Beasley Report, Aug. 2010

8/403  www.Neis`eyI``ek.dbj 

XO/.

DBU^Q ]IQDC

Q CE^E  I^E  H I^  Q BB  J IK_  H EAE^I@ D BU^Q  X IDIKDOET 

O wis scbdlea wcek O `eirkea tcit

tcere ire bver 977 fuaodoi` vidikdoes ok

tce heaeri` dburt systej. Qcit‟s dertiok`y

kbt i mbba tcokm sokde tce aejikas bk

tce systej ire trejekabus. Wresoaekt

Bniji cis neek ok bhhode hbr inbut 93

jbktcs ika ho``okm tce vidikdoes bk tce

heaeri` dburts just ne movek i tbp probr-

oty. Is bh Fuke >>ka, tce U.T. Tekite cia

dbkhorjea koke Bniji kbjokees tb tce

Dburts bh Ippei`s ika cia dbkhorjea >>

Bniji kbjokees tb tce heaeri` aostrodt

dburts. Is we i`` lkbw, tce Tekite i`sb

dbkhorjea Fustode Tbkoi Tbtbjiybr tb tce

U.T. Tupreje Dburt. Ok Jiy, tce Wresoaektkbjokitea E`eki Limik tb rep`ide retor-

okm Fustode Fbck Wiu` Tteveks. Cbpehu``y,

ny tce toje tcos ossue os redeovea tcos but-

stikaokm kbjokee wo`` cive neek dbk-

horjea ny tce Tekite.

Qce 979 vidikdoes bk tce heaeri`

dburts (okd`uaokm tce bke bk tce U.T.

Tupreje Dburt)‑93 bk tce Dburts bh

 Ippei`s, ika 3> bk tce U.T. Aostrodt

Dburts‑ire hir tbb jiky. Qce vidikdoes

ijbukt tb inbut 99% bh tce heaeri` fuao-

doiry. Qcere ire 11 kbjokees pekaokm hbrtcese pbsts‑9> bk tce Dburts bh Ippei`s

ika 4> bk tce aostrodt dburts.

Bh tce 979 vidikdoes, 17 ire d`issohoea

is ‐fuaodoi` ejermekdoes‚‑koke bk tce

Dburts bh Ippei`s ika >? bk tce aostrodt

dburts. I ‐fuaodoi` ejermekdy‚ os aehokea

is iky vidikdy ok i aostrodt dburt wcere

 weomctea ho`okms ire ok exdess bh 877 per

 fuamescop, br iky vidikdy ok exostekde

hbr jbre tcik 93 jbktcs wcere

 weomctea ho` okms ire netweek 147 ika

877 per fuamescop, br iky dburt wotcjbre tcik bke iutcbrozea fuamescop ika

bk`y bke idtove fuame. I ‐fuaodoi` ejer-

mekdy‚ os aehokea is iky vidikdy ok i

dorduot dburt wcere iafustea ho`okms per

pike` ire bver =77 br iky vidikdy ok

exostekde hbr jbre tcik 93 jbktcs

 wcere iafustea ho`okms ire netweek 577

tb =77 per pike`. Qcere ire >9 huture

 vidikd oe s‑tcree bk tc e Dbur ts bh

 Ippei`s ika 93 bk tce aostrodt dburts.

Qce jbst vidikdoes ok tce Dburts bh

 Ippei`s ire ok tce Koktc Dorduot (I`isli,

 Irozbki, Di`ohbrkoi, Muij, Ciwioo, Oaicb,

Jbktiki, Keviai, Kbrtcerk Jiroiki

Os`ikas, Brembk, ika ]iscokmtbk) wotc

hbur vidikdoes. Qce Tedbka Dorduot (Dbk-

kedtodut, Kew _brl, ika Xerjbkt) ika tce

Hburtc Dorduot (Jiry`ika, Kbrtc Dirb`oki,

Tbutc Dirb`oki, Xormokoi, ika ]est Xor-

mokoi) eidc cive tcree vidikdoes. Qcereire twb vidikdoes bk tce A.D. dorduot

dburt, bhtek dbksoaerea tce jbst pbwer-

hu` heaeri` ippei`s dburt. Bke pbst cis

neek vidikt sokde >775, wco`e tce btcer

cis neek vidikt sokde >773.

Qce Koktc Dorduot cis tce jbst vidik-

does bk tce aostrodt dburts wotc 94. Qce

Hburtc Dorduot cis tek vidikdoes, wco`e

tce Hohtc Dorduot (@buosoiki, Jossossoppo,

ika Qexis) cis koke. O wbu`a `ole tb see

tce Bniji Iajokostritobk speea up tce

ippboktjekt bh heaeri` fuames ika tceTekite scbu`a ab ots fbn ok i judc jbre

no-pirtosik jikker. Qce Ijerodik pebp`e

ire sodl ika torea bh tce notter aovosobks

netweek tce pb`otodi` pirtoes ika tce pir-

tosik nitt`es ok ]iscokmtbk.

Tburde6 I`iniji @iw ]eel`y

T UW^EJE  D BU^Q  T Q^OLET  A B]K  W I^Q  B H  T I^NIKET -B S@E_ 

Qce U.T. Tupreje Dburt redekt`y strudl

abwk bke pirt bh tce Tirnikes-Bx`ey

 Idt. Qce Comc Dburt ru`ea tcit Dbkmress

bversteppea ots iutcbroty wcek estin`osc-

okm tce Wun`od Dbjpiky Iddbuktokm

Bversomct Nbira (WDIBN). Is ybu jiy

lkbw tcos os ik okvestomitbry pike`

hbdusea bk ekhbrdokm tce eomct-yeir-b`a

`iw. Qce dburt, ok i 5-1 bpokobk wrottek

ny Dcoeh Fustode ^bnerts, ru`ea tcit Dbk-

mress errea wcek settokm up tce Nbira

ika i``bwokm tce U.T. Tedurotoes ika

Exdcikme Dbjjossobk, wcodc ippbokts

Nbira jejners, tb rejbve tcej bk`y ‐hbr

mbba diuse scbwk.‚ Qce jifbroty sioa

Dbkmress i`sb wrbkm`y `ojotea tce pbwer

bh tce U.T. Wresoaekt, wcb ukaer Tir-

nikes-Bx`ey dbu`a kbt aoredt`y rejbve

Nbira jejners.

Ot scbu`a ne kbtea, cbwever, tcit tce

Dburt `eht tce rest bh Tirnikes-Bx`ey

i`bke. Ok hidt, Dcoeh Fustode ^bnerts wrbte

tcit tce >77> `iw rejioks ‐hu``y bperitove

is i `iw.‚ Ijbkm btcer tcokms, Tirnikes-

Bx`ey requores pun`od dbjpikoes tb abd-

ujekt tceor okterki` dbktrb`s. Dbkmress

dreitea tce `iw pirt`y ok respbkse tb dbr-

pbrite iddbuktokm sdikai`s it Ekrbk,

 ]br`aDbj ika btcer dbjpikoes. Iutcbrs

bh tce `iw set but tb reaude hriuau`ekt

hokikdoi` aei`okms ika prbvoae bversomct

bh pun`od dbjpikoes. Ot wis i keeaea `iw

ika nia`y bveraue.Ok cos bpokobk, Dcoeh Fustode ^bnerts

hbdusea kirrbw`y bk tce ippboktjekt

ika rejbvi` prbdess hbr WDIBN

jejners. Qce Idt, iddbraokm tb tce

Dburt, `eives tce rejbvi` bh Nbira

jejners tb tce TED, wcek tce Wresoaekt

scbu`a cive tce iutcbroty ukaer tce U.T.

Dbkstotutobk. Qce Dcoeh Fustode wrbte

hurtcer6

Qce U.T. Wresoaekt dikkbt perhbrj

cos auty tb ekhbrde `iws oh cedikkbt bversee tce hiotchu`kess bh

tce bhhoders wcb exedute tcej. Cere

tce Wresoaekt dikkbt rejbve ik

bhhoder ... evek oh tce Wresoaekt aeter- 

jokes tcit tce bhhoder os kem`edtokm

cos autoes br aosdcirmokm tcej

ojprbper`y. Qcit fuamjekt os

oksteia dbjjottea tb ikbtcer

bhhoder, wcb jiy br jiy kbt imree

wotc tce Wresoaekt‟s aeterjokitobk,

ika wcbj tce Wresoaekt dikkbt

rejbve sojp`y nediuse tcit bhhoder

aosimrees wotc coj.

Cbpehu``y, tce Tupreje Dburt wo``

resost hurtcer ehhbrts tb weilek wcit os

dbksoaerea ny jbst tb ne i mbba ika

nia`y-keeaea poede bh `emos`itobk. ]e i``

lkbw cbw pbwerhu` tce dbrpbrite `bnny

ok ]iscokmtbk os ika tcit cis tb ne i

dbkderk.

Tburde6 THMite.dbj

T UW^EJE  D BU^Q  @EQT  D BJWIKOET  @OJOQ  D BU^Q  T D^UQOK_  B H  J IKAIQB^_  I^NOQ^IQOBK 

Ok i redekt ru`okm, tce U.T. Tupreje

Dburt i``bwea Dbrpbrite Ijerodi tb

`ojot dburt sdrutoky bh jikaitbry irnotri-

tobk. Qce 5 tb 1 aedosobk ok  ^ekt-I-Dek- 

ter, ]est, Okd. v. Fidlsbk, wrottek ny

 Fustode Tdi`oi, cb`as tcit dbjpikoes dik

hbrde tceor ejp`byees ika dustbjers

8/9/2019 The Jere Beasley Report, Aug. 2010

9/40   www.FereNeis`ey^epbrt.dbj ?

oktb jikaitbry irnotritobk usokm hbrj

imreejekts wotc i ‐ae`emitobk d`iuse‚

tcit ae`emites aedosobks bk tce vi`oaoty bh

tce irnotritobk imreejekt otse`h tb tce

irnotritbr!  Qce jifbroty ce`a tcit dburts

retiok tce iutcbroty tb aeterjoke

 wcetcer tce ae`emitobk d`iuse os otse`h  

 vi`oa‑ika sto`` cive tceor costbrod rb`e bh

revoewokm tce vi`oaoty bh irnotritobk

imreejekts wotcbut ae `emit obkd`iuses. Qce aedosobk i`sb `eht bpek

severi` ivekues hbr dci``ekmokm tce vi`oa-

oty bh nbtc ae`emitobk d`iuses ika typodi`

irnotritobk imreejekts ok huture dises.

D`eir`y, tce Dburt‟s ru`okm i``bws dbj-

pikoes tb aedreise iddess tb fustode.

Wun`od Fustode wis db-dbukse` nehbre tce

Dburt hbr Iktbkob Fidlsbk, ik Ihrodik-

 Ijerodik jik wcb siys tcit i Keviai

^ekt-I-Dekter stbre aosdrojokitea imiokst

coj wcek ot repeitea`y aekoea coj prb-

jbtobks ika prbjbtea kbk-Ihrodik- Ijer odik ejp`byees wo t c ` e ss

experoekde. Qce suot wis ho`ea ok heaeri`

dburt. ^ekt-I-Dekter jbvea tb dbjpe`

irnotritobk ukaer tce jikaitbry irnotri-

tobk imreejekt ot hbrdea Fidlsbk tb somk

is i dbkaotobk bh wbrlokm hbr tce

dbjpiky. Qce imreejekt siys tcit tce

irnotritbr, kbt i dburt, wbu`a cive ‐exd`u-

sove iutcbroty‚ tb resb`ve iky aospute,

okd`uaokm i aospute inbut wcetcer tce

irnotritobk d`iuse otse`h os vi`oa.

Jr. Fidlsbk hbumct ekhbrdejekt bh tced`iuse, irmuokm tcit severi` bh ots prbvo-

sobks‑okd`uaokm terjs requorokm coj tb

piy ci`h bh tce ho`okm hees ika irnotritobk

dbsts ika `ojotokm tce aosdbvery ce dbu`a

tile tb prbve cos dise‑were ukdbksdob-

kin`e ukaer stite `iw. Ce i`sb irmuea

tcit tce d`iuse wis bke-soaea ika ukek-

hbrdein`e nediuse ot perjottea ^ekt-I-

Dekter, nut kbt ots ejp`byees, tb pursue

sbje d`iojs ok dburt. Qce aostrodt dburt

mriktea ^ekt-I-Dekter‟s jbtobk, ekhbrdea

tce d`iuse, ika ce`a tcit iky dci``ekmestb ots vi`oaoty were hbr tce irnotritbr tb

aedoae. Qce U.T. Dburt bh Ippei`s hbr tce

Koktc Dorduot reversea, cb`aokm tcit

ukaer U.T. Tupreje Dburt predeaekt,

dburts‑kbt irnotritbrs‑just aeter-

joke wcetcer ik irnotritobk d`iuse os

 vi `o a ik a ek hb rdei n` e nehbre tcey

ekhbrde tce d`iuse. Qce U.T. Tupreje

Dburt mriktea revoew.

Qce nroeh ny Wun`od Fustode urmea tce

Tupreje Dburt tb cb`a tcit tce Heaeri`

 Irnotritobk Idt nirs pirtoes hrbj dbk-

tridtokm irbuka ots requorejekt tcit i

dburt aeterjoke ik irnotritobk d`iuse os

‐vi`oa‚ ika ‐ekhbrdein`e‚ nehbre ot

ekhbrdes tcit d`iuse, ika tcit ekhbrdokm

ik irnotritobk d`iuse ny perjottokm tce

irnotritbr tb aedoae ekhbrdeino`oty‑

 wotcbut horst aeterjokokm tcit tce d`iusedbjp`oes wotc stite `iw‑wbu`a vob`ite

tcos nisod prokdop`e. Qce Dburt imreea ok

pirt, cb`aokm tcit ‐\oZh i pirty dci``ekmes

tce vi`oaoty ukaer \tce HIIZ bh tce

predose imreejekt tb irnotrite it ossue,

tce heaeri` dburt just dbksoaer tce dci`-

`ekme nehbre braerokm dbjp`oikde wotc

tcit imreejekt.‚

Nut, tce Dburt ce`a tcit tce ‐predose

imreejekt tb irnotrite it ossue‚ ok tcos

dise os tce ae`emitobk d`iuse‑‐ik imree-

jekt tb irnotrite tcrescb`a ossues dbk-derkokm tce irnotritobk imreejekt.‚ Tudc

i ae`emitobk d`iuse, tce Dburt ce`a, dik

ne severea hrbj tce rejiokaer bh tce

irnotritobk d`iuse ika sepirite`y

ekhbrdea. Qce Dburt hbuka tcit Jr.

 Fidlsbk cia dci``ekmea ^ekt-I-Dekter‟s

irnotritobk d`iuse ‐is i wcb`e‚ ika cia

kbt irmuea tcit tce ae`emitobk d`iuse wis

otse`h okvi`oa ukto` tce dise mbt tb tce

Tupreje Dburt. Nediuse bh tcit, tce

Dburt ce`a tcit tce aostrodt dburt cia dbr-

redt`y ekhbrdea tce ae`emitobk d`iuse. Fustode Tteveks, ok aossekt, sioa, ‐Keotcer

\pirtyZ urmea us tb iabpt tce ru`e tce

Dburt abes tbaiy‚ ika ‐wcetcer tce

pirtoes cive i vi`oa irnotritobk imreejekt

... os ik ossue tce HII issomks tb tce

dburts.‚ Ce kbtea tcit tce aedosobk wo``

ojpbse i kew, comcer nuraek bk iky

pirty seelokm tb dci``ekme ik irnotritobk

imreejekt. Hbr tcbse wcb siy we abk‟t

cive ik idtovost dburt, Fustode Tteveks‟

rejirls scbu`a move tcej sbje dbkderk.

Qce ^ekt-I-Dekter  aedosobk wo`` jileot ciraer hbr ejp`byees ika dbksujers ok

huture dises tb seel rearess ok dburt.

 ]cekever ik irnotritobk imreejekt dbk-

tioks i ae`emitobk d`iuse, i dburt wo`` ne

requorea tb treit tce ae`emitobk d`iuse is

i sepirite ika aostokdt imreejekt tb irno-

trite tcrescb`a ossues. Qcek, uk`ess i

W`ioktohh dik horst persuiae tce dburt tcit

tce ae`emitobk d`iuse otse`h os ukekhbrde-

in`e, ce br sce wo`` ne ukin`e tb dci`-

`ekme tce vi`oaoty bh tce irnotritobk imree-

jekt ok dburt.

Nbtc irnotritobk imreejekts ika ae`e-

mitobk d`iuses wo`` sto`` ne sunfedt tb

dci``ekme. Wun`od Fustode siys ot wo`` dbk-

tokue tb aevbte somkohodikt toje ika

resburdes tb eksurokm tcit tce nest pbs-

son`e irmujekts ire put hbrwira tb pre-

serve iddess tb fustode ok dises

pbtektoi``y ihhedtea ny  ^ekt-I-Dekter .Wun`od Fustode scbu`a ne dbjjekaea hbr

puttokm up i mbba homct. W`eise ekdbur-

ime Wiu` N`ika, wcb os Wun`od Fustode‟s

Tekobr Ittbrkey, ika i`` btcers it Wun`od

 Fustode tb leep up tceor ehhbrts tb leep

tce dburt systej bpek tb vodtojs bh dbr-

pbrite wrbkmabokm ika inuse.

Tburde6 Wun`od Fustode

XOO.

QCE KIQOBKI@

TDEKE

Q CE  IJE^ODIK  W EBW@E  A ETE^XE  N EQQE^ 

Bver tce pist 93 jbktcs, tce Kitobki`

^epun`odik Wirty cis bppbsea every

sokm`e prbpbsi` bh iky ojpbrtikde put

hbrwira ny tce Bniji Iajokostri-

tobk. Qcit cis diusea jiky mbba ika

keeaea prbmrijs tb ne sti``ea. O ne`oeve

jbst pebp`e expedtea i netter perhbr-

jikde ok Dbkmress. ]cek ybu dbksoaer

tce ‐jess‚ okcerotea ny Wresoaekt Bniji

 wcek ce tbbl bhhode, ot‟s pretty bnvobus

tcit somkohodikt dcikmes were keeaea.

Tb`utobks prbpbsea tb aei` wotc tce

jissove prbn`ejs hidokm bur kitobk

 werek‟t i`wiys pbpu`ir, nut were der-

tiok`y kedessiry. I no-pirtosik ipprbidc

tb sb`vokm tcbse prbn`ejs wis keeaea,

nut ukhbrtukite`y tce MBW cia i aohher-

ekt imekai.

 Is sbje seej tb cive hbrmbttek, tce

Nusc Iajokostritobk `eht bur edbkbjy ok

i hree-hi`` ika bur mbverkjekt ok aeep

aent. Jiky cive hbrmbttek tcit tce stoju-

`us pidlimes ika mbverkjekt nio`-buts

stirtea aurokm tce Nusc Iajokostritobk.

Wresoaekt Nusc ika i MBW-dbktrb``ea

Dbkmress okcerotea i ju`to-no``obk ab``ir

surp`us hrbj tce D`oktbk Iajokostritobk,

nut turkea bver i very `irme aehodot tb tce

8/9/2019 The Jere Beasley Report, Aug. 2010

10/4097  www.Neis`eyI``ek.dbj 

Bniji Iajokostritobk. ]cek Jr. Nusc

`eht bhhode ok >77?, tce heaeri` mbverk-

jekt cia ruk cume aehodots hbr sevek dbk-

sedutove yeirs, ika bur kitobk‟s edbkbjy

 wis bk tce nr okl bh ikbtcer Mreit

Aepressobk. Qce Nusc Iajokostritobk‟s

edbkbjod pb`odoes hio`ea ika tce Ijero-

dik pebp`e ire kbw piyokm hbr ot.

Bk Fikuiry =, >77?, nehbre Jr. Bniji

tbbl bhhode, tce Dbkmressobki` Nuametbhhode prbfedtea i cume aehodot bh bver

bke tro``obk ab``irs. Mebrme ]. Nusc ika

tce ^epun`odik-`ea Dbkmress kbt bk`y

spekt yeirs duttokm tixes (projiro`y neke-

hottokm tce wei`tcoest Ijerodiks) nut i`sb

spekt pun`od hukas wotc i`jbst kb

restriokt. Ot‟s jy ne`oeh tcit costbry wbk‟t

treit tce Nusc yeirs loka`y. ]e ire kbw

piyokm hbr tce hio`ea pb`odes bh cos Iajok-

ostritobk.

XOOO.

QCE DB^WB^IQE

]B^@A

] I@@ T Q^EEQ  X T . J IOK  T Q^EEQ 

Mreea ika idtui` dbrruptobk bk ]i``

Ttreet bver tce pist severi` yeirs cive

dbst tcos kitobk ika ots pebp`e aeir`y. Hbr

exijp`e, $91 tro``obk wis `bst ok cbuse-

cb`a wei`tc, 3 jo``obk fbns were `bst ika

tb aite civek‟t returkea, >77 dbjjukoty

nikls d`bsea, ika jbre tcik $91 jo``obk

ok nio`buts ika i stimmerokm okdreise ok

aehodot spekaokm were requorea tb leep

tce edbkbjy but bh i severe aepressobk.

Bur dbuktry cis neek `oteri``y p`ukaerea

ny wcit HA^ yeirs imb di``ea ‐edbkbjod

rbyi`osts‚ ika ot‟s comc toje Dbkmress

hoxea tcokms sb tcit we ab kbt cive i

repeit ok tce huture.

 ]e cive seek DEBs, wcb presoaea bver

tce aestrudtobk bh bur edbkbjy, mettokm

rodcer ika rodcer, jbst btcer Ijerodiks

 were mettokm pbbrer ika pbbrer. I riaodi`

hox hbr wcit diusea br it `eist predopo-

titea tce jbst severe m`bni` hokikdoi`

drosos sokde tce Mreit Aepressobk wis

nia`y keeaea. Ot‟s neek prbvek tcit bver-

tce-dbukter aerovites triaokm wis i nom

pirt bh tce prbn`ej. Aerovitoves, ika ok

pirtodu`ir dreaot aehiu`t swips, ce`pea tb

nrokm abwk i cbuse bh diras. Dbkmress

cia ik bn`omitobk tb idt immressove`y tb

jile sure Jiok Ttreet os sivea. O ne`oeve

tce rehbrj jeisure pissea `ist jbktc

 wis i jifbr step ok tce romct aoredtobk

ika cbpehu``y wo`` wbrl but is p`ikkea.

D E^QIOK  O KAUTQ^OET  J UTQ  N E  ^ EMU@IQEA 

Bver tce yeirs tce `eiaers ok tce

kitobki` ^epun`odik Wirty cive hbumct i``

lokas bh mbverkjekt remu`itobk. Qcere

kbw ippeirs tb ne i renortc bh tce ikto-

mbverkjekt jbvejekt. Oh we nbumct tce

redbjjekaitobks bh tce Qei Wirty jbve-

jekt‑wcodc ire is ikto-mbverkjekt is

ikytcokm seek ok yeirs‑tcere wbu`a ne

kb remu`itobk bh iky okaustry. Qcit

ipprbidc wbu`a resu`t ok tbti` aosister.

 ]e cive seek kujerbus exijp`es bh

 wcit cippeks wcek tcere os eotcer niaremu`itobk br kb remu`itobk. Qce `ix remu-

`itobk bh tce hokikdoi` okstotutobks aurokm

tce eomct yeirs bh tce Nusc Iajokostri-

tobk resu`tea ok hosdi` je`tabwk ika

tcit‟s i hidt.

 ]e ire seeokm horst-cika tbaiy wcit tce

 weil ika okehhedtove remu`itobk bh Nom Bo`

os diusokm ok tce Mu`h Dbist stites. Qce

HAI‟s okept remu`itobk bh Nom Wcirji cis

resu`tea ok hbr tbb jiky aikmerbus arums

mettokm oktb tce jirlet p`ide. D`eir`y,

tcere ire dertiok okaustroes tcit just ne

remu`itea ny tce heaeri` mbverkjekt ika

tcbse okd`uae tce iutbjbno`e, bo`, arum,

dcejodi`, jokokm ika uto`oty okaus-

troes. Qce oksurikde okaustry just i`sb ne

remu`itea, nut tcit remu`itobk os ne`oevea

ny jbst tb ne nest `eht tb tce stites. ]e

scbu`a cive `eirkea tce cira wiy tcit

se`h-remu`itobk sojp`y abesk‟t wbrl.

I N EQQE^  F BN  B H  ^ EMU@IQOBK  N _  KCQTIOT K EEAEA 

Ok >77?, ik estojitea 44,?84 pebp`e

 were lo``ea bk bur kitobk‟s comcwiys.

Jbtbr vecod`e drisces dbktokue tb ne i

`eiaokm diuse bh aeitc ok tce Ukotea

Ttites ika ire tce kujner bke lo``er bh

dco`arek. >797 cis turkea but tb ne

ikbtcer aikmerbus yeir hbr pissekmers

ika arovers. Eidc jbktc nrokms jbre

kews bh uksihe ika aehedtove vecod`es

Ok tce bpokobk bh jiky, okd`uaokm tcos

 wroter, tce reisbk tcere ire sb jiky ciz-

irabus dirs bk tce rbia `oes, ok pirt, wotc

tce Kitobki` Comcwiy Qrihhod Tihety

 Iajokostritobk. Is we i`` lkbw, KCQTI os

tce heaeri` imekdy respbkson`e hbr iutb

sihety. Ok redekt dbkmressobki` testojbky,

hbrjer KCQTI Iajokostritbr ika Wreso-

aekt Ejerotus bh Wun`od Dotozek, Fbik

D`iynrbbl, reherrea tb tce imekdy is6

Qce pbbr stepdco`a bh tce U.T.

 Aepirtjekt bh Qri kspbrti tobk

(ABQ), respbkson`e hbr iaaressokm

 ?5% bh tce trikspbrtitobk-re`itea

aeitcs wotc bk`y 9% bh tce ABQ

nuamet.

Ot scbu`a ne kbtea tcit KCQTI‟s ikkui`

 vecod`e sihety nuamet os `ess tcik $>77

jo``obk. Qb put tcos ok perspedtove, Hbra‟s

tcora quirter >77? okdbje wis $45.5

no``obk. KCQTI cis i jbst ojpbrtikthukdtobk ika ot‟s respbksono`oty tb

eksure‑tb tce extekt pbsson`e‑tcit

iutbjbno`es bk bur kitobk‟s comcwiys os

 very d`eir. Dekter hbr Iutb Tihety (DIT)

Exedutove Aoredtbr, D`irekde Aot`bw, tb`a

i U.T. Tekite dbjjottee bk Jiy 9?, >7976

Qce Kitobki` Comcwiy Qrihhod

Tihety Iajokostritobk os i wbkaer- 

 hu` imekdy wotc ivoti` jossobk nut

ot os wbehu``y ukaerhukaea, ukaer- 

 stihhea ika butmukkea ny tceokaustry ot remu`ites. Qb expedt

tbaiy‟s KCQTI tb iaequite`y remu- 

`ite tce tro``obk ab``ir iutb okaus- 

try os `ole islokm i comc sdcbb`

nisletni`` teij tb neit tce @I

 @ilers.

Tudc hukaokm prbn`ejs cive severe`y

dbjprbjosea tce imekdy‟s ehhedtovekess.

KCQTI‟s Bhhode bh Aehedts Okvestomitobk os

ukaerstihhea (5= ejp`byees ika 93 okves-

tomitbrs) ika wotcbut tce tedckodi` exper-

t ose keeaea tb bversee tbaiy‟s vecod`es. Is Fbik D`iynrbbl exp`iokea ok

cer Jirdc >797 testojbky6

 Kbt bk`y os tcere i mrbss ojni`ikde

ok resburdes netweek KCQTI ika

iky dbjpiky wcbse vecod`e os

neokm okvestomitea, tcere os ik

ojni`ikde ok lkbw`eame ika exper- 

tose wcodc os exidernitea ny `idl bh

 hukaokm.

8/9/2019 The Jere Beasley Report, Aug. 2010

11/40   www.FereNeis`ey^epbrt.dbj 99

KCQTI okhbrjitobk mitcerokm ika aiti

systejs ire i`sb suhherokm, wotc prbfedts

`ole tce Kitobki` Iddoaekt Tijp`okm

Tystej (KITT)‑wcodc dbu`a expbse

aehedts `ole suaaek ukoktekaea idde`eri-

tobk (TUI) judc eir`oer‑nuametea hbr

okvestomitobks bh bk`y 1,777 drisces per

 ye ir. Bt cer scbr tdbj okm s okd` ua e

KCQTI‟s hio`ure tb estin`osc i pun`od

repbsotbry/aitinise hbr drisc aiti hrbjEvekt Aiti ^edbraers (n`idl nbxes)

presekt ok jbst vecod`es ika request spe-

dohod aeitc ika okfury redbras hrbj iutb

dbjpikoes wcere tcere ire lkbwk jifbr

aehedts. Ok iaaotobk, tce imekdy cis yet tb

ossue i jikaitbry sihety stikaira ika os

s`bw tb upmriae br ossue kew sihety stik-

airas nisea bk okvestomitobks ika testokm.

KCQTI i`sb piys `ott`e ittektobk tb tce

 wbrl bh ots ekhbrdejekt ekmokeers ika

okvestomitbrs, wcb revoew teks bh tcbu-

sikas bh dbksujer aehedt dbjp`iokts,reseirdc prbn`ejs wotc pirtodu`ir jile/ 

jbae` vecod`es ika iki`yze i`` tce aiti. Ot

rire`y exerdoses ots iutcbroty tb revoew

dbjpikoes‟ redi`` `etters tb eksure tcey

tru`y i`ert tce pun`od tb prbaudt aikmers

ika tce keea hbr repiors, re`oes bk peer

revoew pike`s tb ipprbve imekdy

requests hbr vb`uktiry redi``s, ika i``bws

iutbjilers tb sunstotute sb-di``ea

‐servode dijpiomks‚ hbr hu`` sihety redi``

dijpiomks.

Uk`ess KCQTI jiles ekhbrdejekt itbp probroty ika Dbkmress hukas tce

imekdy prbper`y, KCQTI wo`` kever ne

‐tce mbverkjekt dbp bk tce dbrpbrite

neit.‚ Qce hidt tcit tcere os kb pun`od

redbra bh jeetokms netweek jikuhidtur-

ers ika KCQTI‑wcodc, iddbraokm tb Jr.

Aot`bw, bhtek bddur it tce dbkd`usobk bh i

aehedt okvestomitobk ‐wcere tce ojpbrtikt

aedosobks ire jiae ika ire ittekaea ny

hbrjer KCQTI ejp`byees represektokm

tce jikuhidturer‚ ika ‐hrequekt`y okd`uae

presektitobk bh abdujekts ny eotcerKCQTI br tce jikuhidturer bk wcy

tcere scbu`a br scbu`a kbt ne i redi``‚‑

os equi``y prbn`ejitod. Aot`bw exp`iokea

tb Dbkmress6

Qcese jeetokms ire kbt inbut aiti

 sunjossobks ny jikuhi dtur- 

ers. Qcey ire inbut sedret aei`s tb

d`bse okvestomitobks wotcbut redi``s

tcit u`tojite`y resu`t ok aeitcs ika

okfuroes tb dbksujers.

Ok iaaotobk, tcere os i ‐revb`vokm abbr‚

netweek KCQTI ika iutbjilers. I `irme

kujner bh hbrjer KCQTI bhhodoi`s, okd`ua-

okm Iajokostritbrs, tce tbp presoaektoi`

ippboktee, aeputy iajokostritbrs, mekeri`

dbukse`s, ika dcoehs bh tce ekhbrdejekt,

ru`ejilokm ika reseirdc aovosobks, is we``is tedckodi` stihh, cive `eht KCQTI bver

tce yeirs tb ne ejp`byea ny vecod`e ika

equopjekt jikuhidturers is dbksu`tikts,

`bnnyosts, `iwyers br bk stihh. Qce iutb

okaustry cis i`sb usea ots vist resburdes tb

`bnny Dbkmress hbr prbtedtobk. Aiti hrbj

tce Dekter hbr ^espbksove Wb`otods revei`s

tcit sokde >777 tce iutb okaustry cis

spekt jbre tcik $5>7 jo``obk bk `bnny-

okm idtovotoes ika corea tcbusikas bh okao-

 voauì `bnnyosts.

Heaeri` dijpiomk dbktronutobks jiyhurtcer exp`iok wcy Dbkmress cis hio`ea

tb idt. Tokde >777 tce iutb okaustry cis

movek heaeri` dikaoaites bver $?4 jo``obk,

jbre tcik ik eomctc bh wcodc dbjes

hrbj iutb jikuhidturers. Tia`y, ot tbbl

aeitcs ika okfuroes hrbj rukiwiy Qbybtis

tb prbjpt Dbkmress tb ukaertile ots horst

jifbr revoew bh KCQTI. Is ybu jiy

redi``, tce `ist toje wis ok >777 ihter rb``-

bvers hrbj Hbra Exp`brers/Horestbke tores

d`iojea cukareas bh `oves. O imree, nisea

bk KCQTI‟s pist redbra, rehbrj os `bkm

bveraue.

Tburde6 Dekter FA 

W ̂ BXOAE^  B H  C EI^Q  J BKOQB^OKM  T E^XODET  T EQQ@ET  H ̂ IUA  @I]TUOQ 

 I Di`o hbrkoi dbjpiky tcit prbvoaea

ceirt jbkotbrokm servodes cis imreea tb

piy $4.8 jo``obk tb sett`e i `iwsuot ok

 wcodc ot wis iddusea bh aehriuaokm mbv-

erkjekt cei`tcdire prbmrijs. Qce

`iwsuot i``emea tcit Kitobki` Diraob @ins@@D, tce dbjpiky‟s jikimer, ika cer

cusnika (i hbrjer jikimer) aehriuaea

Jeaodire, Qrodire ika cei`tc oksurikde

dirroers dbktridtea tcrbumc tce heaeri`

mbverkjekt.

Kitobki` Diraob @ins, wcodc cia severi`

bhhodes ok Brikme Dbukty, wis bperitokm is

ik okaepekaekt aoimkbstod testokm hido`oty

tcit redeovea, iki`yzea ika proktea but

aiti hrbj ceirt jbkotbrs ika btcer

jeaodi` aevodes. Qce okaovoaui` Aehek-

aikts were iddusea bh lkbwokm`y sunjot-

tokm hi`se cei`tcdire d`iojs hbr diraoid ika

n`bba pressure aoimkbstod testokm netweek

 Fikuiry 9??3 ika Henruiry >771.

Tburde6 @bs Ikme`es Qojes 

TED D ̂ EIQET  K E]  A OXOTOBKT  Q B  B XE^TEE  

@I^ME  H OKIKDOI@ H O^JT 

Qce U.T. Tedurotoes ika Exdcikme Dbj-

jossobk cis dreitea tcree expert ukots tb

hbdus bk nom hokikdoi` dbjpikoes,

dbjp`ex sedurotoes ika sedurotoes bhher-

okms. Qce kew bhhodes wotcok tce aovosobk

bh dbrpbrite hokikde `irme`y jorrbr tce

okaustroes ika prbaudts tcit p`iyea i ley

rb`e ok tce hokikdoi` je`tabwk tcit nemik

jbre tcik twb yeirs imb. Ot‟s ne`oevea

tcit tce dcikmes wo`` ce`p tce TED hbdus

ots resburdes jbre scirp`y bk drotodi``yojpbrtikt okstotutobks ika hokikdoi` prba-

udts sb tcit okvestbrs dik ne netter prb-

tedtea. Qce TED os sto`` nitt`okm drotodosj

tcit ot jossea sbje jifbr okvestjekt

sdijs ok redekt yeirs ika tcit ot hio`ea tb

pb`ode okvestjekt nikls it tce ceirt bh

tce hokikdoi` drosos.

Bke ukot wo`` prbvoae ‐ekcikdea

revoews bh `irme ika hokikdoi``y somkoho-

dikt dbjpikoes,‚ okd`uaokm nbbstokm tce

kujner bh dbjpikoes exijokea. Ikbtcer

bhhode wo`` hbdus bk isset-nidlea seduro-

toes ika btcer strudturea hokikde prba-

udts, wcodc jiky ne`oeve aosdbkkedtea

rosl hrbj bwkerscop ika dbktronutea tb

tce hokikdoi` drosos. I tcora aovosobk wo``

`bbl it trekas ok sedurotoes bhherokms ika

dipoti` jirlets tb jile sure ru`es ire

leepokm pide ika wbrlokm.

Tburdes6 Oksurikde Fburki`  ika ^euters 

OS.

DBKM^ETTOBKI@UWAIQE

Q BJ  A BKBCUE  O T  M BBA  IQ  C OT  Q ̂ IAE  

Qcbjis F. Abkbcue, wcb ceias up tce

pb`otodi``y pbwerhu` U.T. Dcijner bh

Dbjjerde, cis nedbje i rei` hidtbr ok

 wcit cippeks br hio`s tb cippek ok bur

Kitobk‟s Dipotb`. Is Wresoaekt ika DEB,

8/9/2019 The Jere Beasley Report, Aug. 2010

12/40

Abkbcue jiles ik ikkui` si`iry bh $4.3

jo``obk. Nisea bk perhbrjikde, ce eirks

cos si`iry jiky tojes bver. Abkbcue os

ijbkm tce comcest pioa `bnnyosts ok tce

dbuktry ika wbrls very cira hbr tcbse

 wcb hurkosc nom nudls hbr tce Dcijner‟s

`bnnyokm ika pb`otodi` idtovotoes. Ok hidt,

sbje siy tcbse wcb hokikde tce

Dcijner wbrl hbr Abkbcue. Jbst hb`ls

ire scbdlea tb `eirk tcit tce Dcijnerspekt bver $9>7 Jo``obk ok >77? bk `bn-

nyokm i`bke.

Ok tce pb`otodi` ireki tce Dcijner os

i`sb i very nom spekaer. Hbr exijp`e,

Abkbcue cis p`eamea $57 jo``obk hbr use

ok Cbuse ika Tekite rides tcos hi``.

Nediuse bh ots pbwer ika okh`uekde, jiky

oksoaers siy tce Dcijner voews otse`h is i

sciabw-mbverkjekt pb`odyjilokm nbira.

Abkbcue cis i jbst okterestokm `eiaer-

scop sty`e. Oh ybu wikt tb `eirk jbre

inbut tcos jik‑ika wcit jbtovitescoj‑O summest tcit ybu reia tce irtod`e

ny Fijes Xeroko ok tce Fu`y-Iumust >797

ossue bh Qce ]iscokmtbk Jbktc`y.

Tburde6 ]iscokmtbk Jbktc`y 

K EEAEA  @EMOT@IQOBK  O T  N EOKM  N @BDLEA 

Bver tce pist twb yeirs, dbrpbritobks

ika `bnnyosts cive neek wbrlokm bver-

toje tb n`bdl i mreit aei` bh prbmressove

`emos`itobk tcit, oh pissea, wbu`a nrokminbut rei` dcikme ok ]iscokmtbk. Bke

proje exijp`e okvb`ves oksurikde dbj-

pikoes wbrlokm tb witer abwk ceitc

dire rehbrj. Ikbtcer os wcek nio`ea-but

niklers `bnnoea tb leep tceor cume

nbkuses ika hbumct rehbrj bh tce hokik-

doi` systej. Ot‟s kbw neokm repbrtea tcit

NW os spekaokm bver $47,777 eidc aiy tb

ivboa `emi` respbksono`oty hbr tce cume

aosister ot diusea. Qcere ire pb`otodoiks ok

 ]iscokmtbk wcb siy bke tcokm nidl

cbje ika ab fust tce bppbsote wcek

tcey returk tb bur Kitobk‟s Dipotb`. Qcese

e`edtea bhhodoi`s keea tb ne abokm tce

pebp`e‟s nusokess. Oh tcey abk‟t, tce vbters

scbu`a nrokm tcej cbje ika rep`ide

tcej wotc bhhodecb`aers wcb irek‟t toea

tb tce pbwerhu` spedoi` okterests.

Qcere ire severi` ojpbrtikt jeisures

pekaokm ok Dbkmress tcit scbu`a ne

pissea. ]co`e tcese no``s abk‟t met tce

ittektobk tcit `emos`itobk `ole tce cei`tc-

dire ika hokikdoi` systej rehbrjs ab,

tcey ire drotodi``y ojpbrtikt. Qcese ire

no``s tcit, oh pissea, wbu`a ihhedt i`` jifbr

`emos`itobk dbksoaerea ny Dbkmress ok tce

huture. Qcbse ok tce ^epun`odik `eiaer-

scop, ukaer tce witdchu` eye bh ^usc @oj-

niumc, ire siyokm kb tb eidc bh tcese

no``s. Qcere ire tcree sudc no``s tcit ire bh

tce utjbst ojpbrtikde6

• @emos`itobk tcit wbu`a kemite tce iwhu`

Tupreje Dburt aedosobk ok Dotozeks

Ukotea wcodc i``bws `irme dbrpbri-

tobks tb speka dijpiomk jbkey

 wotcbut restrodtobk.

• Qce Hior E`edtobks Kbw Idt wcodc

 wbu`a prbvoae hbr pun`od`y-hokikdea

e`edtobks.

• Qce @bnnyost ^ehbrj Idt wcodc wbu`a

reaude tce okh`uekde bh dbrpbrite `bn-

nyosts.

Oh ybu imree tcese no``s ire keeaea,

dbktidt ybur Tekitbrs ika Cbuse

jejners ok ]iscokmtbk ika isl tcej tb

suppbrt tcej. O ne`oeve pissime bh tcese

no``s wo`` jile tcokms wbrl judc netter

ok Dbkmress ika wbu`a `eve` tce p`iyokm

hoe`a. Qcos wbu`a jeik tcit tce vbode bh

braokiry dotozeks wbu`a ne ceira hbr tce

horst toje ok redekt jejbry. Qcit wbu`a

ne mreit hbr bur kitobk.

H EAE^I@ E SQEKTOBK  B H  U KEJW@B_JEKQ  N EKEHOQT  ] O@@ N EKEHOQ  I@INIJOIKT 

Dbkmress hoki``y pissea tce keeaea

exteksobk bh ukejp`byjekt dbjpeksi-

tobk nekehots ok `ite Fu`y. Ik estojitea

4=,777 I`inijoiks wo`` resuje mettokm is

judc is $>85 i weel ok nekehots ukaer

tce exteksobk tcit Wresoaekt Bniji

somkea oktb `iw bk Fu`y >>ka. Tbje `ioa-bhh

 wbrlers cive cia nekehots suspekaea

sokde eir`y Fuke, tcbumc nekehots rik butit aohherekt tojes hbr tce 4=,777 ihhedtea

pebp`e. Nekehot piyjekts hbr pebp`e

 wcbse fbn`ess nekehots were suspekaea

scbu`a see piyjekts resuje wotcok tek

aiys, wotc tce horst piyjekt okd`uaokm i

`ujp suj hbr jossea weels bh nekehots.

^bumc`y 4 jo``obk pebp`e kitobkwoae

ire expedtea tb resuje mettokm fbn`ess

nekehots ukaer tce exteksobk, wcodc wo``

dbst ik estojitea $41 no``obk. Qce extek-

sobk dbu`a `ist tcrbumc Kbvejner 47tc  

hbr nekehodoiroes, nut wo`` eka sbbker hbr

hb`ls wcb wo`` cive redeovea tce

jixojuj bh ?? weels bh nekehots nehbre

tcek. Cbpehu``y, bur kitobk‟s edbkbjy

 wo`` dbktokue tb ojprbve sb hb`ls wcb

ire ukejp`byea dik met nidl tb wbrl.

Tburde6 I`.dbj

S.

QB_BQI

@OQOMIQOBK

 Q B_BQI C IT  I K E]  W ̂ BAUDQ 

Ok cos nbbl, Abunt os Qceor Wrbaudt,

hbrjer Issostikt Tedretiry bh Ekermy,

Aivoa Jodcie`s, exp`ioks cos horstcika

iddbukt bh cbw d`ever pun`od re`itobks ny

dbrpbritobks ika okaustry usea ju`to-jo`-

`obk ab``ir tidtods tb jimkohy sdoektohod

ukdertiokty ika okh`uekde pb`ody aedo-

sobks re`itea tb aikmerbus prbaudts. Jr.

Jodcie`s qubtes i domirette exedutove is

siyokm, ‐Abunt os bur prbaudt, sokde ot os

tce nest jeiks bh dbjpetokm wotc tce

–nbay bh hidts‟ tcit exosts ok tce jokas bh

tce mekeri` pun`od. Ot os i`sb tce jeiks bh

estin`oscokm i dbktrbversy.‚

 Iddbraokm tb Jr. Jodciè s, aehekse dbk-

su`tikts cive okdreisokm`y wbrlea tb

slew sdoektohod `oteriture ika jimkohy sdo-

ektohod ukdertiokty tb aostbrt pun`od

bpokobk ika prevekt pun`od pb`ody

dcikmes tcit wbu`a requore jikuhidtur-

okm ika prbaudts tb nedbje siher. Qb

okdreise pun`od dbkhusobk, iddbraokm tb

Jr. Jodcie`s, tce stritemy os tb aosjoss

reseirdc dbkaudtea ny tce sdoektohod

dbjjukoty is ‐fukl sdoekde‚ ika e`evite

sdoekde dbkaudtea ny prbaudt aehekse

spedoi` osts is ‐sbuka sdoekde.‚ Ot kbw

ippeirs tcit Qbybti jiy ne tilokm tce

sije ipprbidc ok ots pun`od re`itobks

nitt`e tb wok tce ceirts ika jokas bh tce

pun`od is we`` is tcbse ok Dbkmressobki`

bversomct pbsotobks re`itea tb tce drosos

bver suaaek ukoktekaea idde`eritobk

evekts (TUI‟s).

 I redekt ]i`` Ttreet Fburki`  irtod`e

d`iojs tcit i kujner bh Qbybti e`edtrbkod

aiti redbraers (EA^‟s) cive neek exij-

okea hrbj vecod`es tcit were d`iojea tb

9>  www.Neis`eyI``ek.dbj 

8/9/2019 The Jere Beasley Report, Aug. 2010

13/40

cive experoekdea i suaaek ukoktekaea

idde`eritobk evekt. Qce ]TF  irtod`e siys

tcit tce Kitobki` Comcwiy Qrihhod Tihety

 Iajokostritobk (KCQTI) cis exijokea

tcese EA^‟s ika hbuka tcit tce TUI‟s

 were diusea ny arover errbr kbt e`ed-

trbkod aesomk prbn`ejs. Iddbraokm tb

Teik Like, Wresoaekt bh Tihety ^eseirdc &

Ttritemoes, Okd., i sihety reseirdc dbksu`t-

okm horj, tcos okhbrjitobk wis `eilea nyQbybti tb tce ]i`` Ttreet Fburki`   ok i

p`ik tb met pun`od bpokobk bk ots soae, o.e.,

tb dreite ‐Abunt‚.

Aespote tce ]TF   irtod`e, tce Aepirt-

jekt bh Qrikspbrtitobk tb`a tce Wrbaudt

Tihety ika @oino`oty ^epbrter  tcit ot cis

‐keotcer ariwk dbkd`usobks ok tce

bkmbokm okvestomitobk bh tce Qbybti veco-

d`es suaaek ukoktekaea idde`eritobks,

kbr re`eisea aiti,‚ sbje bh wcodc hbuka

ots wiy oktb i Fu`y 94tc  stbry ok tce ]i``

Ttreet Fburki` . Qcit irtod`e d`iojs tcitaiti hrbj abzeks bh Qbybti evekt redbra-

ers summestea ‐arover errbr ika kbt ik

e`edtrbkods prbn`ej wotc tce e`edtrbkod

tcrbtt`e dbktrb` systej usea ny Qbybti.‚

Baa`y, ot seejs tcit tce Fburki`  irtod`e

prbjptea i 9% rose ok Qbybti stbdl

iddbraokm tb tce Wrbaudt Tihety ika @oi- 

no`oty ^epbrter .

Like pboktea tb dbjp`iokts hrbj

Qbybti bwkers inbut okdoaekts bh suaaek

ukoktekaea idde`eritobk bh `ekmtcy auri-

tobk, it comcwiy speeas, wcere tce aroveri`reiay wis usokm tce idde`eritbr, ika

ju`top`e okdoaekts ok tce sije vecod`e

 wotc aohherekt arovers it tce wcee` is evo-

aekde tcit h`bbrjits ika stodly peai`s

ire kbt tce diuse hbr tce jiky Qbybti

TUI evekts. Iddbraokm tb Like, Qbybti‟s

repbrtea iki`ysos bh abzeks bh evekt aiti

redbraers, but bh jbre tcik 4=,777 dus-

tbjer dbjp`iokts, abes kbt exp`iok cbw

arover errbr dbu`a ne tce sburde bh okdo-

aekts kbr wcy tce `irme fujp ok dbj-

p`iokts bddurrea wcek tce dbjpikynemik equoppokm ots vecod`es wotc e`ed-

trbkod tcrbtt`e dbktrb` systejs ok >77>.

Like stitea hurtcer6

Qbybti cis i`wiys stitea tcit tce

idduridy bh tce n`idl nbxes (EA^s)

cis kever neek sdoektohodi``y vi`o- 

aitea. Ok hidt, tce dbjpiky (Qbybti)

 homcts tb leep tce aiti hrbj neokm

usea ok `otomitobk nediuse ot siys

 EA^ aiti osk‟t re`oin`e.

Like i`sb kbtea tcit jiky bh tce TUI

evekts tcit cive neek repbrtea wbu`a

kbt idtovite tce EA^ systej. Qce EA^

mekeri``y bk`y redbras aiti ok drisces

 wcere tce drisc os severe ekbumc tb

aep`by br keir`y aep`by ik ior nim. Ukhbr-

tukite`y, tcere cisk‟t neek i mreit aei` bhrepbrtokm inbut tce Qbybti TUI drosos

`ite`y. Like ne`oeves tcit ‐iavertosokm

pressure‚ ika okdreisea jeaoi hbdus bk

tce NW aosister ok tce Mu`h cive `ea tb i

`u`` ok repbrtokm bk suaaek idde`eritobk

evekts. Cbwever, Like siys tcit cos horj

‐mets repbrts every aiy, sb tce prbn`ej os

sto`` very judc but tcere.‚ Qce te`evosobk

ia dijpiomk ny Qbybti‑wcodc cia tb

dbst teks bh jo``obks ika os aesomkea tb

repior Qbybti‟s tirkoscea ojime‑cis

neek ehhedtove.Ok tce `ite 9?37s, Iuao hidea i sojo`ir

prbn`ej bh suaaek ukoktekaea idde`eri-

tobk evekts ok ots dirs. Is i resu`t, Iuao

spbksbrea i mbba not bh ‐sdoektohod‚

reseirdc tcit pboktea tb arover errbr

ritcer tcik vecod`e aesomk is tce diuse

hbr tce ukoktekaea idde`eritobks. Kb

abunt, Qbybti os ittejptokm tb `okl ots

prbn`ejs tb tcos reseirdc ika arover

errbr. Jiky ne`oeve tce ]TF irtod`e os fust

tce top bh tce ‐Abunt‚ odenerm.

Qbybti ika tce pun`od jiy kbt rejej-

ner tcit i kujner bh KCQTI redi``s bk

 Iuao vecod`es resu`tea hrbj tce Iuao TUI

drosos bh tce `ite 37‟s ika eir`y ?7‟s. Hew

hb`ls redi`` tcit Iuao dcikmea tce aesomk

bh ots vecod`es. Cbpehu``y, KCQTI wo`` kbt

i``bw Qbybti tb dreite ekbumc ‐Abunt‚ tb

esdipe respbksono`oty hbr tce sihety prbn-

`ejs ok ots vecod`es. Wrbnin`y sbje bh tce

nest evoaekde tcit Qbybti os jilokm ik

ehhbrt tb dreite ‐Abunt‚ os tce hidt tcit

Qbybti tb`a Dbkmressobki` `eiaers tcit ot

cia corea ik okaepekaekt dbjpiky,

Expbkekt, tb evi`uite ots TUI evekts. Dbk-

mressobki` `eiaers quodl`y aosdbverea ok

abdujekts ika oktervoews, cbwever, tcit

Qbybti cia kbt ok hidt corea Expbkekt tb

ce`p ‐okaepekaekt`y‚ evi`uite TUI evekts

ok ots vecod`es. Oksteia, Qbybti‟s `iwyers

corea Expbkekt tb ce`p ot aeheka Qbybti

ok `otomitobk re`itea tb TUI evekts.

Evek jbre te``okm, abdujekts ika testo-

jbky prbvoaea tb Dbkmressobki`

jejners revei`ea tcit Expbkekt, is pirt

bh ots iki`ysos prbdess, jiae kb wrottek

kbtes bh iky reseirdc ot dbkaudtea hbr

Qbybti. Keotcer aoa Expbkekt cive iky

 wrottek testokm br iki`ysos prbtbdb` br

p`ik ok p`ide tb aeterjoke tce diuse bh

Qbybti TUI‟s. Cbw dik ikytcokm btcer

tcik ‐fukl sdoekde‚ jisqueriaokm is `emot-

ojite sdoektohod reseirdc ne dreitea oh tce

resu`ts ire kbt wrottek abwk ika tcere oskb wrottek sdoektohod jetcba hbr iki`ysos

ok p`ide2 Aespote tce `idl bh ik brmi-

kozea p`ik, Expbkekt repbrtea jbre tcik

99,777 jik cburs bh wbrl bk tce TUI

prbfedt hbr Qbybti. D`eir`y, Qbybti os kbt

tryokm tb sb`ve tce prbn`ej, nut os

ittejptokm tb prbaude i kew prbaudt‑

ABUNQ‑ika tcit prbaudt os i d`ever

aehekse stritemy. Tb ot‟s quote evoaekt tcit

Qbybti os usokm ots b`a p`by bh n`ijokm

arovers wcb ire vodtojs bh tceor sihety-

re`itea prbn`ejs.Tburdes6 Issbdoitea Wress, ]i`` Ttreet Fburki`  ika

Wrbaudt Tihety ika @oino`oty ^epbrter 

Q B_BQI C I@QT  T I@ET  B K  @ESUT  CT >57 C  C _N^OA 

Qbybti Jbtbr Dbrp. cis stbppea i``

si`es bh ots >797 @exus CT >57c cynroa

ihter mbverkjekt tests scbwea ot dbu`a

`eil hue` ok i reir-eka db``osobk. Qce Fipi-

kese iutbjiler i`sb cis redi``ea rbumc`y

94,777 CT seaiks tcit cive i`reiay neeksb`a ika 1,777 tcit ire sto`` bk aei`erscop

`bts. KCQTI sioa ok i redi`` ho`okm tcit tce

aehedt ‐dbu`a resu`t ok i hore.‚ I sojo`ir

prbn`ej ok tce Hbra Woktb tcit diusea it

`eist >= aeitcs `ea tb bke bh tce jbst

pun`odozea redi``s bh i`` toje, ok

9?=?. Qbybti siys ot osk‟t iwire bh iky

okdoaekts br iddoaekts resu`tokm hrbj tce

aehedt ok tce CT, i jbae` tcit wis horst

oktrbaudea ̀ ite ̀ ist sujjer.

Qce kew @exus redi`` os tce `itest ok i

strokm bh sihety ika qui`oty prbn`ejs tcitcive dbkhrbktea Qbybti sokde `ist Tep-

tejner, wcek ot ikkbukdea i jissove

redi`` tb aei` wotc suaaek idde`eri-

tobk. Qce ossues cive `ea tb ju`top`e Dbk-

mressobki` ceirokms, cukareas bh `iwsuots

ika i pun`od ipb`bmy hrbj tce dbjpiky‟s

presoaekt, Ilob Qbybai. Ika i`tcbumc i

redi`` bh 9=,777 seaiks os sji`` ok dbj-

pirosbk wotc tce jbre tcik tek jo``obk

 www.FereNeis`ey^epbrt.dbj 94

8/9/2019 The Jere Beasley Report, Aug. 2010

14/40

redi`` kbtodes ossuea ny Qbybti sokde Tep-

tejner, ot os kbtin`e nediuse ot wis

braerea ny KCQTI ihter tce remu`itbr

spbttea i aehedt tcit Qbybti d`iojea ot

cia kbt hbuka ok ots bwk testokm. Ot

jorrbrs i redi`` bh tce @exus MS 187 ok

 Ipro`, wcodc tbbl p`ide ihter tce jimi-

zoke Dbksujer ^epbrts ukeirtcea i cik-

a`okm prbn`ej ok ots testokm. Qbybti

sunsequekt`y rep`oditea tcit prbn`ej bkots bwk ika ikkbukdea i redi`` bh keir`y

97,777 spbrt uto`oty vecod`es.

Qbybti siys ot dbkaudtea tests tb verohy

tcit tce @exus cynroa wis ok dbjp`oikde

 wotc heaeri` sihety stikairas nehbre

re`eisokm tce vecod`e, ika tcit kb prbn-

`ejs wotc tce hue` tikl were hbuka. Nut i

drisc test dbkaudtea hbr KCQTI ny i

dbktridtbr, Di`spik Dbrp. bh Nuhhi`b, Kew

 _brl, hbuka tcit ihter ik ojpidt hrbj i

nirroer it 37 lo`bjeters per cbur, br

inbut 57 jpc, hue` `eilea hrbj tce vecod`e. Nediuse jbre tcik 91> mrijs bh

hue` spo``ea, tce jixojuj i``bwea ukaer

heaeri` sihety ru`es, KCQTI kbtohoea

Qbybti tcit ot wis but bh dbjp`oikde. Qcos

resu`tea ok tce stbp si`e ika redi``.

Tburde6 @bs Ikme`es Qojes 

Q B_BQI T I_T  >=7,777 X ECOD@ET  C IXE  H IU@Q_  E KMOKET 

Ok ikbtcer aeve`bpjekt, Qbybti Jbtbr

Dbrp. siys inbut >=7,777 dirs sb`a wbr`a-

 woae okd`uaokm `uxury @exus seaiks cive

pbtektoi``y hiu`ty ekmokes. Qcos os tce

`itest qui`oty `ipse tb cot tce iutbjiler

hb``bwokm jissove m`bni` redi``s bh tbp-

se``okm jbae`s. Qbybti d`iojs ot‟s ‐evi`uit-

okm jeisures tb aei` wotc tce prbn`ej bh

aehedtove ekmokes tcit dik sti`` wco`e tce

 vecod`e os jbvokm.‚ Qbybti cisk‟t ossuea i

redi`` it tcos toje. Bh tce >=7,777 veco-

d`es wotc ekmoke prbn`ejs, sbje 937,777

 were sb`a bver seis ika tce rest ok

 Fipik. Qcey okd`uae tce pbpu`ir Drbwk

ika sevek jbae`s bh `uxury @exus

seaiks. Qbybti sioa ot cis redeovea irbuka

>77 dbjp`iokts ok Fipik bver hiu`ty

ekmokes. Tbje arovers tb`a Qbybti tcit tce

ekmokes jiae i strikme kbose. Qce

dbjpiky sioa tcere cive neek kb repbrts

bh iddoaekts `oklea tb tce hiu`ty ekmokes.

O wis kbt surprosea tb `eirk tcit Qbybti

lkew twb yeirs imb inbut tce ekmoke

prbn`ej necoka tce @exus redi``. Qce

dbjpiky evek dcikmea tce sprokm pirt

tb dbrredt ot, nut hio`ea tb ossue i redi``

ukto` redekt`y. Ok Iumust >773, Qbybti

dcikmea tcit sprokm pirt, jilokm ot

tcodler. Qce dbjpiky d`iojs tcit‟s wcy

tce `itest redi`` abes kbt ihhedt vecod`es

prbaudea ihter Iumust >773. Qbybti,

d`iojea ot bromoki``y tcbumct tce prbn`ej

 wis diusea ny i hbreomk sunstikde ekter-okm aurokm jikuhidturokm bh tce vi`ve

sprokms. Qce dbjpiky sioa ot neehea up

dcedls sb tcit wbu`ak‟t cippek.

Tburdes6 Issbdoitea Wress ika IND Kews 

SO.

W^BAUDQ

@OINO@OQ_ UWAIQE

M BBA_EI^  T EQQ@ET  T UOQ  B XE^  H IQI@ IDDOAEKQ 

Mbbayeir Qore ika ^unner Db. Ika tce

hijo`oes bh tcree jek okvb`vea ok i >777

jbtbr vecod`e iddoaekt, ok wcodc bke bh

tcej aoea, cive sett`ea i `iwsuot irosokm

but bh tce okdoaekt. Qce dise cia neek bk

ippei` nehbre tce Jossossoppo Tupreje

Dburt. Wrevobus`y, i fury ok Dbpoic Dbukty

hbuka tcit tce iddoaekt wis diusea ny i

hiu`ty tore bk tce Dcevrb`et Dijirb. Qce

stite Dburt bh Ippei`s imreea `ist Ipro`

ika upce`a i $>.9 jo``obk veraodt imiokst

Mbbayeir ika Nom 97 Qore Db. Qce dise

 wis tcek ippei`ea tb tce comcer dburt ok

Jossossoppo.

Qrivos Lorny, wcb wis >7 yeirs b`a, wis

arovokm i vecod`e wotc twb teekime

hroekas bk i Jossossoppo rbia wcek cos

 vecod`e ‐`eht tce rbia, rb``ea, d`oppea i

tree, dbktokuea tb rb``, cottokm ikbtcer

tree, ika tcek dije tb rest bk ots soae.‚

Lorny wis lo``ea. Qce twb teekimers ok

tce vecod`e, ^o`ey Ttrodl`ika ika ToakeyBabj, were nbtc okfurea. Ot wis i``emea

ok tce `iwsuot tcit tcere wis i hiu`ty nidl

tore bk tce romct soae bh tce vecod`e.

Lorny nbumct tce vecod`e usea hrbj i

dir aei`erscop ok Fidlsbk. Qce tores cia

neek rep`idea ny tce prevobus bwker

ika were nbumct it i Nom 97 stbre. Wrobr

tb tce troi`, tce dir aei`erscop tcit sb`a

tce vecod`e sett`ea wotc tce W`ioktohhs.

Mbbayeir ika Nom 97 n`ijea tce iddo-

aekt bk exdessove speea, tce hidt tcit

Lorny cia neek aroklokm, ika i pukdture

diusea ny cottokm sbjetcokm ok tce rbia,

 wcodc okdoaekti``y os i stikaira aehekse.

Nut tce fury aoak‟t nuy iky bh tcos ika

returkea i veraodt hbr tce W`ioktohhs. Qce

sett`ejekt tcit cis neek reidcea os dbkho-

aektoi`. Jole I``rea, i `iwyer hrbj

 Fidlsbk, Joss., represektea tce W`ioktohhsika aoa i very mbba fbn.

Tburde6 D`irobk @eamer 

$4> J O@@OBK  F UAMJEKQ  IMIOKTQ  M BBA_EI^  O K  H IQI@ D ̂ ITC  U WCE@A 

Qce Keviai Tupreje Dburt cis upce`a

i $4>.> jo``obk fuamjekt imiokst Mbba-

 yeir Qore & ^unner Dbjpiky okvb`vokm i

sokm`e-dir drisc tcit lo``ea tcree pebp`e

ika okfurea sevek. Qce dburt refedtea tced`ioj bh Mbbayeir tcit tce ijbukt

iwiraea ny tce fury wis exdessove. Qce

jifbroty aedosobk, wrottek ny Fustode Jirl

Monnbks, sioa tcere wis suhhodoekt evo-

aekde tb fustohy tce ijbukt nediuse bh

tce `bss bh `ohe ika serobus okfuroes ika ot

abes ‐kbt scbdl bur fuaodoi` dbksdoekde.‚

Qce dir‟s bddupikts were trive`okm hrbj

Keviai tb Liksis tb itteka i nbxokm

jitdc wcek i tore n`ew but ika tce

 vec od`e bverturkea bk ik Okters tite

comcwiy ok >771.

 I suot wis ho`ea ny tce survovokm re`i-

toves ika muiraoiks bh tce dco`arek

imiokst Mbbayeir, Hbra Jbtbr Dbjpiky

ika Xi``ey Xoew Cotdc & Qrudl ^ekti`.

Nbtc Hbra ika Xi``ey Xoew sett`ea tce

d`iojs imiokst tcej. Wrobr tb troi`, tce troi`

 fuame hbuka tcit Mbbayeir hio`ea tb

prbaude i wotkess ika mive ojprbper

respbkses tb okterrbmitbroes. Qce fuame

hbuka tcit Mbbayeir ‐cis tilek tce

ipprbidc bh sti``okm, bnstrudtokm ika

bnfedtokm‚ ok ots pre-troi` necivobr. Is i

sikdtobk, tce dburt ru`ea tcit Mbbayeir

dbu`a kbt presekt i aehekse bh `oino`oty,

nut bk`y dbu`a irmue tb tce fury tce

ijbukt bh dbjpeksitbry aijimes ika oh

ot wis sunfedt tb pukotove aijimes.

Qce fury returkea i $4>.> jo``obk

 vera od t, nu t ao ak‟t re tu rk pu ko to ve

aijimes. Qce W`ioktohhs i`sb ippei`ea tce

 fuame‟s aedosobk tcit tcey wbu`a cive tb

estin`osc `oino`oty tb redeove pukotove

91  www.Neis`eyI``ek.dbj 

8/9/2019 The Jere Beasley Report, Aug. 2010

15/40

aijimes. Qce Tupreje Dburt, cbwever,

nidlea tce fuame ok cer ru`okm bk tcit

ossue. Fustode Lrostoki Wodlerokm aossektea

hrbj tce jifbroty, siyokm tce `bwer dburt

cia ojpbsea ik ‐exdessove peki`ty‚ bk

Mbbayeir‟s pre-troi` dbkaudt.

Tburde6 @is Xemis Tuk 

X E^AODQ  IMIOKTQ  M BBA_EI^  E SWBTET  A IKME^BUT  ^X Q O^ET 

 ]e wrbte `ist jbktc inbut tce veraodt

returkea ny i H`broai fury imiokst Mbba-

 yeir Qore & ^unner Dbjpiky. Ok tcit dise

tce dbjpiky sb`a i tore hbr use bk redre-

itobki` vecod`es (^Xs) evek tcbumc tce

dbjpiky wis iwire tce tore wis kbt suot-

in`e hbr ^X use. Qce tores, Mbbayeir M95?,

 were jikuhidturea ika s