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8/9/2019 The Jere Beasley Report, Dec. 2007
1/52
8/9/2019 The Jere Beasley Report, Dec. 2007
2/529 IbashbyAhhbo.dcm
J.
DAUJWCH
CITBY\AWJCOT
A FHCIAHTBWWHBMBOWJO\CH\JOF\JC^^DATBT
A fhciah sbtthbmbot nas ibbo rbadnbg
jo tnb \jcxx hjtjfatjco altbr mcrb tnao
15 mcotns cl jotbosb obfctjatjcos.
Mbrd` & Dc. nas afrbbg tc pay $7.>2
ijhhjco tc rbschvb ahh \jcxx-rbhatbg dhajms
jo wnjdn a dhajmaot nas sullbrbg a nbart
attad`, suggbo dargjad gbatn, cr strc`b.
Wnjs wjhh ib tnb harfbst sbtthbmbot bvbr
jo tnb njstcry cl mass tcrts pnarmadbu-
tjdah hjtjfatjco.Wnb hjtjfatjco jovchvjof
prcgudt hjaijhjty dhajms rbhatbg tc tnb
pajo rbhjbvbr \jcxx nas ibbo fcjof co
lcr cvbr sjx ybars. Gurjof tnat tjmb,tncusaogs cl pbrscoah jokury hawsujts
navb ibbo ljhbg.Adtuahhy, J ibhjbvb tnat
cur ljrm ljhbg tnb ljrst \jcxx dasb jo tnb
dcuotry.Wnb sujt was ljhbg jo Mjssjssjppj
jo 9551. Jt nag ibbo rblbrrbg tc us iy a
hawybr wnc nag rbag aicut prcihbms
wjtn \jcxx jo ao jssub tnat ybar cl tnjs
Ybpcrt. Vb nag hbarobg cl tnb nbart
attad` rjs`s asscdjatbg wjtn \jcxx lrcm
Uuihjd Djtjzbo. Jt nas ibbo a hcof tcufn
iatthb sjodb tnat tjmb,iut tnb bog rbsuhtjs a vbry fccg cob lcr cur dhjbots.
Gjsdcvbry jo tnb dasbs nas ibbo
cofcjof jo dcoschjgatbg dasbs tnrcufn-
cut tnb dcuotry lcr tnb past sbvbrah
ybars. Cvbr 25 mjhhjco pafbs cl gcdu-
mbots wbrb prcgudbg aog rbvjbwbg.
Mcrb tnao 9552 fbobrah gbpcsjtjcos
wbrb ta`bo iblcrb tnb sbtthbmbot was
rbadnbg. Wncusaogs cl mctjcos navb
ibbo ljhbg aog dcosjgbrbg iy sbvbrah
dcurts. Nuogrbgs cl bxpbrts jo dargjch-cfy, pnarmadchcfy, oburchcfy aog ctnbr
gjsdjphjobs wbrb dcosuhtbg. Mcrbcvbr,
cvbr 1: trjahs tcc` phadb ibtwbbo
Aufust 9552 aog Tbptbmibr 9556 wjtn
mjxbg rbsuhts, jodhugjof phajotjlls vbr-
gjdts, gblbosb vbrgjdts, nuof kurjbs, aog
rbtrjahs.Cur ljrm trjbg sjx cl tnbsb dasbs.
Jt ibdamb qujtb apparbot barhy co
tnat jo tnjs hjtjfatjco, cur ljrm was scrt
cl hj`b Gavjg jo njs bpjd iatthb wjtn
Fchjatn.Mbrd` sbt asjgb $1.: ijhhjco jo a
spbdjah luog tc pay gblbosb hawybrs aog
bxpbrts aog magb jt dhbar, at tnb tjmb,
tnat ocob cl tnjs mcoby was tc pay
\jcxx vjdtjms. Jo tnb ljrst dasb wb trjbg,
wnjdn was jo Wbxas, wb nag lcur
hawybrs co cur sjgb.Co tnb ctnbr sjgb,
Mbrd` nag cvbr 155 sncw up joNcustco lcr tnb trjah.Wnbrb js oc tbhhjof
ncw maoy suppcrt stall tnby ircufnt
jo.Altbr badn trjah, Mbrd` wcuhg rbphbo-
jsn tnbjr gblbosb luog aog hbt us `ocw
tnby nag gcob sc. Obvbrtnbhbss, wb
obvbr favb up,wb rblusbg tc ib jotjmj-
gatbg,aog staybg tnb dcursb.
Mcrb tnao 11 mcotns afc jo Gbdbm-
ibr 955
\. Wnb Dcrpcratb Vcrhg . . . . . . . . . . 15
\J. Urcgudt Hjaijhjty Rpgatb . . . . . . . . 17
\JJ. Mass Wcrts Rpgatb. . . . . . . . . . . . . 12
\JJJ. Iusjobss Hjtjfatjco . . . . . . . . . . . . 91
J . Josuraodb aog Ljoaodb Rpgatb . . . 94
^. Urbgatcry Hbogjof. . . . . . . . . . . . . 92
^J. Urbmjsbs Hjaijhjty Rpgatb . . . . . . . 9
^\JJJ. Ybdahhs Rpgatb . . . . . . . . . . . . . . . 71
^J^. Ljrm Adtjvjtjbs . . . . . . . . . . . . . . . . 7
^^J. Dhcsjof Cisbrvatjcos. . . . . . . . . . . 21
^^JJ. Tcmb Uartjof Vcrgs . . . . . . . . . . . 21
8/9/2019 The Jere Beasley Report, Dec. 2007
3/52IbashbyAhhbo.dcm 4
Crhbaos co Ocvbmibr :, 9556 at 7;12
a.m.Wnb sbtthbmbot wjhh fuaraotbb tnat
\jcxx vjdtjms rbdbjvb lajr aog kust dcm-
pbosatjco. Jo my cpjojco, jt js ao bxdbh-
hbot sbtthbmbot lcr cur dhjbots aog ctnbr
\jcxx vjdtjms.
Wnb $7.>2 ijhhjco sbtthbmbot rbschvbg
hjtjfatjco tnat was narg-lcufnt aog pcr-
tbogbg rjs`s lcr ahh partjbs. Jo hjfnt clsjfojljdaot dcsts aog gbhay tnat wcuhg
rbsuht jo prctradtbg hjtjfatjco, tnb
afrbbg-upco Tbtthbmbot Urcfram wjhh
bosurb tnat tncsb wnc sullbrbg jokurjbs
as a rbsuht cl \jcxx arb dcmpbosatbg
lajrhy aog blljdjbothy. Wnbrb js a wbhh-
gbsjfobg mbdnaojsm sbt cut jo tnb sbt-
thbmbot afrbbmbot tc ma`b surb tnat ahh
dhajmaots wnc navb vahjg dhajms wjhh ib
lajrhy dcmpbosatbg.
Vb dcmmjttbg a trbmbogcus
oumibr cl hawybrs aog stall pbrscoobh
tc tnb \jcxx prckbdt.Aogy Ijrdnljbhg,
Hbjfn CGbhh, aog Ycfbr Tmjtn gbvctbg
vjrtuahhy tnbjr luhh attbotjco tc \jcxx.
Jo aggjtjco, Lrao` Vccgsco, Ibo
Hcd`har, Frbf Ahhbo, Yuss Aioby aog J
ahsc wcr`bg co tnb prckbdt as obbgbg.
Vb ahsc nag gbgjdatbg stal l pbrscoobh
wnc put jo boghbss ncurs wcr`jof co
tnjs prckbdt aog gjg a trbmbogcus kci.
Vb arb vbry prcug cl tnbm. J dao say
wjtncut rbsbrvatjco, ncwbvbr, tnat
wjtncut tnb narg wcr` cl Aogy, Hbjfn,
aog Ycfbr, tnjs sbtthbmbot wcuhg oct
navb nappbobg. Aogy was a hbagbr jo
tnb obfctjatjcos, aog wb arb prcug cl
wnat was addcmphjsnbg lcr cur
dhjbots.Wnjs was a mcoumbotah sbtthb-
mbot aog cob tnat wb ibhjbvb js lajr
aog kust tc ahh dcodbrobg.Cur fcah was
tc rbprbsbot cur dhjbots tc tnb ibst cl
cur dchhbdtjvb aijhjty aog sbdurb a sbt-
thbmbot tnat wcuhg ib jo tnbjr ibstjotbrbst, aog tnat was addcmphjsnbg.
Vb arb tnao`luh tnat wb wbrb aihb tc
irjof tnb \jcxx safa tc a suddbssluh
dcodhusjco lcr tnb lch`s wb wbrb
ihbssbg tc navb rbprbsbotbg.
A TAGGAZLCYAHAIAMA
Wnb Ahaiama Tuprbmb Dcurt, altbr a
hcof gbhay, nas ljoahhy ruhbg jo tnb Bxxco
dasb. Wnjs was a dasb wnbrb Bxxco
dnbatbg tnb Ttatb cl Ahaiama aog was
dcovjodbg jt dcuhg fbt away wjtn jts
jotbotjcoah wrcofgcjof.Vnbo a pcwbr-
luh aog pchjtjdahhy jolhubotjah dcrpcratb
fjaot dao fbt away wjtn wnat Bxxco gjg
tc tnb djtjzbos cl cur Ttatb, jt truhy js a
sag gay lcr Ahaiama.Wnjs wasot kust a
dasb wnbrb tnb tbrms cl a dcotradt wbrb
oct hjvbg up tcjt was cutrjfnt lraug
dcmmjttbg at tnb njfnbst hbvbhs cl tnb
dcrpcratb strudturb cl Bxxco.Wwc sbpa-
ratb kurjbs lcuog tnb dcogudt cl Bxxco
tc ib lrauguhbot aog rbprbnbosjihb. Jo
my darbbr, J navb obvbr ibbo jovchvbg jo
a strcofbr dasb co ictn tnb ladts aog
apphjdaihb haw. Obvbrtnbhbss, tnbTuprbmb Dcurt ruhbg jo lavcr cl Bxxco
co tnb lraug dhajms. Wnb statb wjhh
dchhbdt tnb dcmpbosatcry gamafbs gub
phus tnb 19% pcst-kugfmbot jotbrbst. Jo
aggjtjco, sjodb Bxxco js stjhh oct payjof
addcrgjof tc tnb hbasb tbrms, tnb
dcmpaoy wjhh navb tc pay tnb amcuot cl
rcyahtjbs gub sjodb 9559 phus tnb 19%
statutcry pboahty up tc tnb gatb cl
paymbot.
Lrao`hy, jts jmpcssjihb tc kustjly tnbcutdcmb cl tnjs appbah. Bxxco was
dhbarhy fujhty cl lraug gbsjfobg tc dnbat
tnb Ttatb cut cl aicut $:55 mjhhjco. Jo
ladt, jts phao was sbt cut jo jotbroah
dcmpaoy mbmcs aog b-majh mbssafbs. J
rbfrbt tc say tnat wb wcot as` tnb
Tuprbmb Dcurt tc rbnbar tnjs appbah
ibdausb jt wcuhg ib oc mcrb tnao ao
bxbrdjsb jo lutjhjty wjtn tnjs dcurt. As
ycu wjhh rbdahh, tnb dasb was hast trjbg jo
tnb lahh cl 9554 aog rbmajobg jo tnbTuprbmb Dcurt uotjh a gbdjsjco was
aoocuodbg co Ocvbmibr >tn.Vjtncut a
gcuit, tnb hcsbrs jo tnjs dasb wbrb tnb
pbcphb cl Ahaiama!
KJMMAYWJOTUBA@TCRWCOB ^CO
Kjm Martjo, wnc sbrvbg as Dcmmjs-
sjcobr cl tnb Ahaiama Gbpartmbot cl
Dcosbrvatjco aog Oaturah Ybscurdbs
wnbo Bxxco was daufnt dnbatjof tnb
Ttatb, js luhhy awarb cl wnat nb gbsdrjibs
as tnb fjaot cjh dcmpaoys lrauguhbot
dcogudt. Kjm tchg Unjh Yawhs, wnc js
wjtn Asscdjatbg Urbss, tnat tnjs was a
dasb wnbrb Bxxco dnbatbg tnb Ttatb cl
Ahaiama aog ibhjbvbg jt dcuhg fbt away
wjtn jotbotjcoah wrcofgcjof. Jo tnjsrbfarg,nb magb tnjs cisbrvatjco;
Vnbo a pcwbrluh aog pchjtjdahhy
jolhubotjah dcrpcratb fjaot dao fbt
away wjtn wnat Bxxco gjg tc tnb
djtjzbos cl cur Ttatb, jts truhy a
sag gay lcr Ahaiama. Wnjs wasot
kust a dasb wnbrb tnb tbrms cl a
dcotradt wbrb oct hjvbg up tcjt
was cutrjfnt lraug dcmmjttbg at
tnb njfnbst hbvbhs cl tnb dcrpcratb
strudturb cl Bxxco. Wnjs was atctah mjsdarrjafb cl kustjdb. J was
sncd`bg at wnat tnb Tuprbmb
Dcurt gjg jo tnjs dasb.
Kjm Martjo js a wbhh-rbspbdtbg aog
njfnhy suddbssluh iusjobssmao, wnc
sbrvbg jo Dcofrbss as a Ybpuihjdao, aog
was appcjotbg tc a daijobt pcst iy Lci
Kambs. Nb lbbhs strcofhy tnat tnb
Ahaiama Tuprbmb Dcurt tctahhy jfocrbg
tnb lrauguhbot dcogudt cl Bxxco jo tnb
dasb. Wnjs dcurafbcus mao lcufnt a
fccg ljfnt afajost Bxxco aog gbsbrvbs a
frbat gbah cl drbgjt lcr obvbr fjvjof up.
Nb nas ibbo ao jospjratjco tc ahh cl us
wnc ibhjbvbg jo tnb Ttatbs dasb aog gjg
cur ibst tc sbb` kustjdb lcr Ahaiama djtj-
zbos. As ycu may rbdahh, tnb dasb was
ljrst ljhbg at tnb gjrbdtjco cl tnbo-Attcr-
oby Fbobrah Ijhh Urycr, wnc suppcrtbg
tnb Ttatbs dasb luhhy lcr as hcof as nb
sbrvbg as Attcroby Fbobrah.
Tcurdb; Asscdjatbg Urbss
WNBLJFNWC\BYVAWBYJTYBAHAOGVJHHDCOWJORBLCYZBAYT
Wnb statbs cl Ahaiama, Fbcrfja, aog
Lhcrjga navb ibbo iatthjof cvbr watbr
rjfnts lcr tnb past sbvbrah ybars. Wnjs
ybars grcufnt nas dausbg tnjs ljfnt tc
8/9/2019 The Jere Beasley Report, Dec. 2007
4/527 IbashbyAhhbo.dcm
ta`b co bvbo frbatbr sjfojljdaodb.Vb jo
tnb scutnbastbro Rojtbg Ttatbs navb
ta`bo lcr fraotbg tnb aiuogaodb cl
watbr avajhaihb. Ocw wb arb ladjof a
rbah drjsjs aog cob tnat wjhh hj`bhy fbt
mudn wcrsb. Vatbr lhcw jssubs at tnb
nbart cl a gjsputb ibtwbbo tnb tnrbb
statbs jovchvb tnb AhaiamaDccsa
Wahhapccsa iasjo aog tnb ApahadnjdchaDnattanccdnbbLhjot iasjo.
Wnb tnrbb statbs jo cur rbfjco arb
ladjof a sbvbrb watbr sncrtafb drjsjs,
aog jts gjlljduht tc say wnjdn statb js jo
tnb wcrst snapb. Ibdausb cl tnb dcm-
phbxjty cl tnb jssubs ladjof tnb lbgbrah
aog statb fcvbrombots, J am oct fcjof
tc say mudn mcrb at tnjs pcjot. J lrao`hy
gcot navb bocufn `ocwhbgfb co tnjs
suikbdt tc gc mudn mcrb tnao say wb
arb ladjof a mcst sbvbrb prcihbm. Jt
appbars tnat tnb cvbrahh pjdturb dnaofbs
gajhy.Wnbrb ahsc appbars tc ib oc rbhjbl
jo sjfnt ibdausb cl tnb grcufnt.Vb dao
cohy pray lcr a frbat gbah cl rajo at tnjs
pcjot aog lcr ao bog tc tnb grcufnt.
Rolcrtuoatbhy, wb wjhh ib jovchvbg jo
tnjs watbr iatthb lcr ybars. J ncpb a satjs-
ladtcry schutjco dao ib wcr`bg cut
ibtwbbo tnb statbs. Lajhjof tc gc sc js
oct ao ahtbroatjvb.
Tcurdb; Asscdjatbg Urbss
TALBWZJTTRBTLCROGAWLAYHBZORDHBAYUHAOW
Addcrgjof tc tnb Oudhbar Ybfuhatcry
Dcmmjssjco (OYD), a vahvb prcihbm
wjtn tnb Rojt 9 rbadtcr at tnb Larhby
Oudhbar Ucwbr Uhaot obar Gctnao js
pctbotjahhy a suistaotjah salbty jssub.Wnb
OYD stall favb tnb rbadtcr a ybhhcw
ratjoftnb obxt-tc-wcrst jo jts dchcr
dcgjofaog tnats mcst sjfojljdaot.Wnbafbody says tnb Larhby rbadtcr kcjos 15
ctnbr oudhbar uojts jo tnb dcuotry tnat
lahh jo tnat dchumo. Wnjs js dhbarhy a
mattbr cl dcodbro.OYD rbfjcoah agmjo-
jstratcr Vjhhjam Wravbrs jo Athaota says
tnat wnjhb tnb phaot js cpbratjof salbhy,
tnb vahvb lajhurbs obbg tc ib aggrbssbg. J
ncpb tnjs mattbr was gbaht wjtn aog tnb
prcihbms rbmbgjbg.Wnb lbgbrah jospbd-
tcrs rbpcrtbghy navb hblt tnb phaot. Iut,
tnb OYD wjhh dcotjoub tc mcojtcr tnb
phaots salbty pradtjdbs.
Tcurdb; Asscdjatbg Urbss
AHLADCYU. MBYFBTVJWNAHLAMRWRAHFYCRU
Wnb icarg cl gjrbdtcrs cl Ahla Dcrp.nas apprcvbg a gbljojtjvb mbrfbr afrbb-
mbot lcr tnb dcmpaoy tc ib adqujrbg
iy cob cl jts suisjgjarjbs. Ahla Mutuah
Frcup, tnb harfbst snarbnchgbr cl Ahla
Dcrp., wjhh apparbothy pay $99 lcr tnb
snarbs jo tnb dcmpaoy jt gcbsot ahrbagy
cwo.Addcrgjof tc a obws rbhbasb lrcm
Ahla, tnb prjdb, a tctah cl $>75 mjhhjco, js
a fccg gbah lcr tnb mjocrjty stcd`nchg-
brs.As a rbsuht cl tnb gbah,Ahla Dcrp. wjhh
ibdcmb a prjvatb dcmpaoy.Ahla sajg jts
icarg apprcvbg tnb traosadtjco altbr
rbdbjvjof a rbdcmmbogatjco lrcm a
spbdjah dcmmjttbbdcmprjsbg cl lcur
jogbpbogbot gjrbdtcrs.
Ahla Dcrp. DBC Kbrry Obwiy js sajg tc
ib hbagjof tnb frcup ibnjog tnjs mbrfbr
aog says nb js phbasbg wjtn jt. Ncwbvbr,
tnbrb js pbogjof hjtjfatjco tnat, jo my
cpjojco, wcot fc away. Cur ljrm js
jovchvbg jo tnb Gbhawarb hjtjfatjco aog
tnbrb arb twc dasbs pbogjof jo Mcot-
fcmbry Dcuoty Djrdujt Dcurt.Iasbg co
wnat wb navb hbarobg, jt gcbsot appbar
tnat tnb $99 pbr snarb js a lajr prjdb,aog
J ibhjbvb tnb mjocrjty snarbnchgbrs arb
kustjljbg jo nchgjof Ahlas dcrpcratb
lbbttc tnb ljrb.
Wnbrb js a frbat gbah cl cppcsjtjco tc
tnb durrbot hbagbrsnjp at Ahla tnbsb
gaysbspbdjahhy lrcm tnb sc-dahhbg chg
fuargaog tnat cppcsjtjco sbbms tc ib
fatnbrjof strboftn. J wcuhgot ib tcc
surprjsbg tc sbb Urbsjgbot Obwiynavjof strcof cppcsjtjco jo njs rbbhbd-
tjco ijg.
Tcurdb; Ijrmjofnam Obws
AYWNRYIYBMBYYBHBATBGLYCMUYJTCO
Artnur N. Irbmbr, tnb mao wnc snct
Ahaiama Fcvbrocr Fbcrfb Vahhadb
gurjof a prbsjgbotjah dampajfo stcp jo
Maryhaog jo 1:69,was rbhbasbg lrcm tnb
Maryhaog statb prjsco systbm co
Ocvbmibr :tn. Fcvbrocr Vahhadb, wnc
gjbg jo 1::>, was parahyzbg aog aiao-
gcobg njs ijg lcr tnb Gbmcdratjd prbsj-
gbotjah ocmjoatjco altbr nb was
wcuogbg co May 12, 1:69, jo tnb sncct-
jof jo Haurbh, Maryhaog. Wnrbb ctnbrpbcphb wbrb ahsc jokurbgcob ibjof
my lrjbog Dch. B.D. Gctnarg, wnc
nbagbg up tnb fcvbrocrs sbdurjty
gbtajh. J was sbrvjof as Ht. Fcvbrocr cl
Ahaiama at tnb tjmb aog `ocw ljrst-
naog ncw gjlljduht tnjofs wbrb jo
Ahaiama gurjof tnb wbb`s aog mcotns
tnat lchhcwbg. Fcvbrocr Vahhadbs lamjhy
wbot tnrcufn scmb vbry gjlljduht gays,
wnjdn strbtdnbg jotc mcotns, ibdausb
cl wnat Irbmbr nag gcob.
Irbmbr sbrvbg aicut 42 ybars cl a 24-
ybar sbotbodb aog was sajg tc navb
barobg njs rbhbasb tnrcufn wnat was
gbsdrjibg as fccg ibnavjcr aog iy
wcr`jof kcis jo prjsco. J gcot ibhjbvb
tnjs mao sncuhg navb ibbo rbhbasbg
lrcm prjsco. Jl a pbrsco dcmmjts a
nbjocus drjmb cl tnjs scrt, nb cr snb
sncuhg sbrvb tnb tjmb tnat js naogbg
gcwo iy a dcurt aog kury.Wnb ladt tnat a
puihjd ljfurb was tnb vjdtjm ma`bs oc
gjllbrbodb. J ibhjbvb tnat wb must gbah
narsnhy wjtn pbrscos hj`b Irbmbr rbfarg-
hbss cl wnc tnbjr vjdtjms nappbo tc ib.
Wnb Rojtbg Ttatbs nas turobg jotc a
oatjco wnbrb rbdcuots cl vjchbodb navb
ibdcmb a ojfnthy lbaturb co tnb
oatjcoah aog hcdah obws prcframs. Jts
tjmb lcr us tc qujt wcrryjof aicut tnb
wbhh-ibjof cl drjmjoahs aog start fbttjof
tcufnbr co tncsb wnc arb dcmmjttjof
tnbsb vjchbot drjmbs. Cur bhbdtbg cllj-
djahs must rbahjzb tnat ahh cl tnb frcssvjchbodbjodhugjof frapnjd gjsphays cl
ncmjdjgbs aog tnb hj`btnat ycuof
lch`s aog jogjvjguahs wjtn bmctjcoah
prcihbms arb bxpcsbg tc co tbhbvjsjco
aog jo tnb mcvjbs must ib durtajhbg. J
am ljrmhy dcovjodbg tnat tnjs scrt cl
tnjof nas phaybg a makcr rchb jo dausjof
tcgays vjchbot scdjbty.
Tcurdb; Asscdjatbg Urbss
8/9/2019 The Jere Beasley Report, Dec. 2007
5/52IbashbyAhhbo.dcm 2
AHAIAMAROBMUHCZMBOWYAWBGYCUTWCOBVYBDCYGHCV
Ahaiama djtjzbos fct scmb fccg
obws wnbo Fcvbrocr Ici Yjhby
aoocuodbg rbdbothy tnat Ahaiamas
uobmphcymbot ratb lbhh tc a obw
rbdcrg hcw jo Cdtcibr. Wnb statbs
uobmphcymbot ratb gbdhjobg lrcm
4.6% jo Tbptbmibr tc 4.1% jo Cdtcibr,
tnb hcwbst mcotnhy uobmphcymbot
ratb bvbr, aog tnats fccg obws. A ybar
afc, Ahaiamas uobmphcymbot ratb
stccg at 4.55. J am ncpbluh tnat Ahaiama wjhh
dcotjoub tc gc wbhh bdcocmjdahhy.Vjtn
tnb oatjcoah pjdturb oct hcc`jof tccfccg, jts bodcurafjof tnat at hbast cur
statb js co tnb rjfnt patn.
AJYUHAOBDYATNDATBTBWWHBG
Co Tbptbmibr 94, 955 sbssjco.
Tcurdb; Asscdjatbg Urbss
8/9/2019 The Jere Beasley Report, Dec. 2007
6/52< IbashbyAhhbo.dcm
JJJ.
DCRYW VAWDN
KRGFBGBICYANIBHHUATBRY@JD@TCLLNBYDAMUAJFO
Kugfb Gbicran Ibhh Uasbur, wnc js
lrcm Haugbrgahb Dcuoty jo vctbr-rjdn
ocrtn Ahaiama, `jd`bg cll nbr dampajfolcr tnb Ahaiama Tuprbmb Dcurt hast
mcotn. Bogjof tnb pbrdbptjco tnat
kustjdb js lcr sahb jo Ahaiama wjhh civj-
cushy ib a `bystcob jo nbr radb. Ttaog-
jof co tnb stbps cl tnb Tuprbmb Dcurt
iujhgjof, Kugfb Uasbur ibdamb tnb ljrst
Gbmcdrat tc botbr tnb radb lcr tnb
Tuprbmb Dcurt sbat ibjof vadatbg iy
Narchg Tbb.Jo nbr rbmar s, Kugfb Uasbur
gjsdussbg tnb jodrbasbg pcharjzatjco
ibtwbbo tnb pchjtjdah partjbs joAhaiama, wnjdn nas spjhhbg cvbr tc tnb
dcurts aog allbdtbg tnb puihjds pbrdbp-
tjcos. Tnb nas sjfobg a phbgfb tc
dcogudt nbr dampajfo wjtn apprcprj-
atb gbdcrum aog gjfojty jo ncpbs cl
rbvbrsjof tnb trbog. Ncpbluhhy, ahh ctnbr
daogjgatbs wjhh sjfo tnjs phbgfb. Dco-
dbrojof nbr phbgfb, Kugfb Uasbur
cisbrvbg;Wnb jotbfrjty cl tnb systbm js
jo drjsjs. Ubcphb navb a pbrdbptjco
kustjdb js lcr sahb.Tjodb ibjof bhbdtbg as Haugbrgahb
Dcuotys ljrst lbmahb kugfb jo 1:>5,
Kugfb Uasbur nas wco rb-bhbdtjco lcur
tjmbs wjtncut cppcsjtjco. Tnb attrji-
utbg tnat tc bxnjijtjof lajrobss ratnbr
tnao partjsaosnjp aog fbttjof suppcrt
lrcm tnb iusjobss dcmmuojty jo nbr
djrdujt.Jotbrbstjofhy, ocob cl tnb kustjdbs
co tnb Tuprbmb Dcurt arb lrcm ocrtn cl
Ijrmjofnam.Wnat wjhh hj`bhy ib ao jssub
lcr ocrtn Ahaiama vctbrs.Jts prbtty narg
tc kustjly tnat harfb a sbfmbot cl cur
statbs pcpuhatjco oct navjof a sjofhb
mbmibr co ao bhbdtbg dcurt. Jl bhbdtbg,
Kugfb Uasbur wcuhg ib tnb ljrst kustjdb
lrcm tnb Tncahs arba sjodb tnb hatb Dnjbl
Kustjdb Ncwbhh Nblhjo cl Wusdumija.
Uarty Dnajrmao Kcb Wuronam aog
Ttbwart Iur`nahtbr, prbsjgbot cl tnb
Ahaiama Haicr Dcuodjh aog a Gbmcdra-
tjd Uarty vjdb-dnajrmao, wbrb prbsbot
wjtn Kugfb Uasbur at nbr `jd`cll. Jt wjhh
ib jotbrbstjof tc sbb ncw nbr daogjgady
js rbdbjvbg iy tnb pbcphb cl Ahaiama.
WNBYBVJHHIBCWNBYDAOGJGAWBTCOWNBYBURIHJDAOTJGB
Wnus lar, cohy cob Ybpuihjdao, statbLjoaodb Gjrbdtcr Kjm Majo, nas sajg nb
wjhh fc altbr tnb Tbb sbat. Kjm bokcybg a
mcst gjstjofujsnbg darbbr as a hawybr,
jodhugjof a tbourb wjtn cur ljrm, iblcrb
fcjof tc wcr lcr tnb statb. Durrbothy, nb
js cob cl Fcvbrocr Yjhbys dhcsbst aog
mcst trustbg agvjscrs.Jo aggjtjco tc Kjm,
sbvbrah ctnbrs navb sajg tnby arb dcosjg-
brjof ma`jof tnb radb obxt ybar, jodhug-
jof Djrdujt Kugfb Tdctt Gcoahgsco lrcm
Wusdahccsa, Cpbhj`a hawybr Ibo Naog,
aog Mcotfcmbry hawybr Gcuf MdBhvy.
Bvbo tncufn snb says tnat nbr oamb
wcot ib co tnb iahhct, J nbar tnat tnbrb
arb a oumibr cl prcmjobot Ybpuihjdaos
wnc arb stjhh bodcurafjof Dcurt cl Drjm-
joah Appbahs Kugfb @bhhj Vjsb tc rbdco-
sjgbr nbr gbdjsjco aog fbt jo tnb radb. J
am ahsc tchg iy scmb vbry fccg scurdbs
tnat `by suppcrtbrs cl Kugfb Ycy Mccrb
navb ibbo tbstjof tnb watbrsc tc
spba`tc sbb wnbtnbr tnbrb js stjhh
strcof suppcrt jo tnb statb lcr tnb
lcrmbr dnjbl kustjdb.Wnb rumcr js tnat
Kugfb Mccrb may bhbdt tc ruo as ao jogb-
pbogbot. Jl tnat cddurs, jt wjhh ib mcst
jotbrbstjof tc watdn tnjs radb obxt ybar.
AOCWNBYNCWTBATCOLCYKRGJDJAHBHBDWJCOT
Ahaiama js oct tnb cohy phadb wnbo
kugjdjah radbs arb fbttjof a kump-start
hcof iblcrb quahjlyjof tjmbs.Wnb iatthbs
lcr statb Tuprbmb Dcurt sbats navb
ahrbagy startbg tc nbat up jo at hbast sjx
statbs. Jt appbars tnat aoctnbr ybar cl
bxpbosjvb aog ncthy dcotbstbg bhbdtjcos
js jo stcrb. Tcmb ibhjbvb tnb updcmjof
radbs jo Ahaiama,Vasnjoftco,Vbst \jr-
fjoja aog Vjsdcosjo, tc ib nbhg obxt
ybar, wjhh hj`bhy ib a rbpbat cl 955< bhbd-
tjcos. Jl tnat nchgs trub, prjvatb spbdjah
jotbrbst frcups wjhh pcur harfb sums cl
mcoby jotc tnbsb radbs. Ncwbvbr, hbf-
jshatjvb prcpcsahs jo a lbw statbs
phaoobg lcr obxt ybar dcuhg cvbrnauh
tnb way jo wnjdn kugfbs arb sbhbdtbg jo
tncsb statbs. Ncpbluhhy, tnb Ahaiama Hbf-
jshaturb wjhh aggrbss tnjs jssub aog ma`b
Ahaiama cob cl tncsb statbs. Kustjdb atTta`b Dampajfo, a ijpartjsao frcup jo
Vasnjoftco tnat trad`s statb kugjdjah
bhbdtjcos, js ta`jof a narg hcc` at tnb
updcmjof radbs.
\ctbrs arb bxpbdtbg tc sbhbdt obarhy
75 statb Tuprbmb Dcurt sbats obxt ybar.
Rolcrtuoatbhy, Ahaiama, wnbrb rbdcrg
amcuots cl mcoby navb ibbo pcurbg
jotc cur Tuprbmb Dcurt radbs, wjtn
mudn cl jt dcmjof lrcm cut-cl-statb, js
ibjof sjofhbg cut. Durrbothy, Ahaiama
nas ao ahh-wnjtb Tuprbmb Dcurt, wjtn >
cl tnb : mbmibrs ibjof Ybpuihjdaos.
Wnbrb nas ibbo a frbat gbah cl
suppcrtbspbdjahhy lrcm tnb bgjtcrjah
stalls at gajhy obwspapbrslcr a grastjd
dnaofb jo tnb way appbhhatb kugfbs jo
Ahaiama arb sbhbdtbg. Hbfjshatcrs jo
Ahaiama wjhh navb tc gbah wjtn prcpcs-
ahs obxt ybar gbsjfobg tc fjvb rbfuhar
pbcphb a vcjdb co tnb Tuprbmb Dcurt.A
oumibr cl prcpcsahs arb ibjof gjs-
dussbg. J navb ahways lbht tnat dcotrch-
hjof tnb mcoby avajhaihb lcr kugjdjah
radbs was tnb ibst aoswbr tc a mcst
sbrjcus prcihbm. Ncwbvbr, oco-partjsao
bhbdtjcos wjhh dbrtajohy ib ibttbr lcr
rbfuhar lch`s, wnc durrbothy navb hjtthb
rbah jolhubodb jo kugjdjah bhbdtjcos, tnao
js cur durrbot systbm.
As pcjotbg cut jo a prbvjcus sbdtjco,
tnb wjoobr jo tnb Ahaiama radb wjhh
rbphadb Kustjdb Narchg Tbb, a Ybpuihj-
dao, wnc aoocuodbg tnjs past summbrtnat nb wcuhg rbtjrb ratnbr tnao sbb` a
tnjrg tbrm. Jt wjhh ib mcst jotbrbstjof tc
sbb wnbrb Kustjdb Tbb wjogs up altbr nb
hbavbs tnb dcurt.@arh Ycvb was tnb mas-
tbrmjog rbspcosjihb lcr puttjof njm co
tnb dcurt aog lcr `bbpjof njm tnbrb.Lcr
scmb rbasco,tnb Tbb dampajfos sbbmbg
tc ib a mafobt lcr spbdjah jotbrbsts
mcoby. Ocw tnat nb js rbtjrjof, mayib
8/9/2019 The Jere Beasley Report, Dec. 2007
7/52
Kustjdb Tbb wjhh sbb ljt tc kcjo njs chg
mbotcr jo scmb clljdjah dapadjty.
KRTWJDBTWCNBAYB ^COTDNAHHBOFBWCUROJWJ\BGAMAFBT
Wnb R.T.Tuprbmb Dcurt nas afrbbg tc
nbar BxxcoMcijhs dnahhbofb tc tnb $9.2
ijhhjco jo puojtjvb gamafbs tnat tnbdcmpaoy was crgbrbg tc pay tc tncu-
saogs cl ljsnbrmbo, haogcwobrs, aog
iusjobssbs jo Ahas`a.As ycu wjhh rbdahh, a
kury jo R.T. Gjstrjdt Dcurt jo Ahas`a nag
awargbg $2 ijhhjco, wnjdn tnb Rojtbg
Ttatbs Dcurt cl Appbahs lcr tnb Ojotn
Djrdujt dut jo nahl jo a gbdjsjco jssubg
hast Gbdbmibr. Jt was tnb harfbst puoj-
tjvb gamafbs awarg bvbr crgbrbg iy a
lbgbrah appbahs dcurt, iut jt was cohy
ljvb tjmbs tnb bdcocmjd gamafb cl
$255 mjhhjco sullbrbg iy tnb dhass cl
49,555 phajotjlls. Jts sjfojljdaot tnat, jo
addbptjof tnb appbah tnb kustjdbs
fraotbg rbvjbw cohy co tnrbb statutcry
qubstjcos lcdusbg co marjtjmb haw.As a
rbsuht,wnjhb tnb dasb wjhh ib cl jotbrbst
tc tnb snjppjof jogustry, tnb gbdjsjco
wjhh snbg vbry hjtthb hjfnt co aoy dcostj -
tutjcoah lrambwcr` tnat tnb Tuprbmb
Dcurt mjfnt sbb ljt tc apphy tc tnb qubs-
tjco cl puojtjvb gamafbs. Wnb dasb js
sdnbguhbg tc ib arfubg jo Lbiruary aog
gbdjgbg iy barhy summbr.
Wnb latb cl tnb luogambotah dcostjtu-
tjcoah jssub rbhatjof tc tnb gub prcdbss
arfumbot rbmajos uodbrtajo ibdausb
kustjdbs jo tnb Unjhjp Mcrrjs gbdjsjco
avcjgbg tnb qubstjco cl wnbtnbr tnb
awarg was uodcostjtutjcoahhy bxdbssjvb.
Yatnbr, tnb dcurt lcuog cohy tnat tnb
kury jo tnat dasb mjfnt navb jmprcpbrhy
dahduhatbg tnb awarg co tnb iasjs cl
narm tc smc`brs ctnbr tnao tc tnb maowncsb wjgcw ircufnt tnb dasb.Wc dco-
dhugb tnat a gamafb awarg js sc bxdbs-
sjvb as tc vjchatb gub prcdbss, tnb dcurt
must ljrst dcodhugb tnat tnb Dcostjtu-
tjcos gub prcdbss fuaraotbb jodhugbs a
suistaotjvb as wbhh as a mbrbhy prcdb-
gurah dcmpcobot. Jo my cpjojco, tnats a
tcufn iurgbo lcr luturb dnahhbofbs.
Tcurdb; Obw Zcr` Wjmbs
KRYZAVAYGTLAWNBYOBAYHZ$11 MJHHJCOJOLROBYAHUYCWBTWBYTDATB
Wnb latnbr cl a Marjob wnc was `jhhbg
jo adtjco jo Jraq was awargbg obarhy
$11 mjhhjco jo gamafbs hast mcotn iy a
kury tnat lcuog hbagbrs cl a luogambo-
tahjst dnurdn nag jovagbg tnb lamjhys
prjvady aog jolhjdtbg bmctjcoah gjstrbss
co tnb lamjhy. Jo a sncd`jof gjsphay cl
josbosjtjvjty, tnb gblbogaots nag pjd`-
btbg tnb Marjobs luobrah. Wnb kury
awargbg $9.: mjhhjco jo dcmpbosatcry
gamafbs,$< mjhhjco jo puojtjvb gamafbs
lcr jovasjco cl prjvady, aog $9 mjhhjco
lcr dausjof bmctjcoah gjstrbss tc tnb
Marjobs latnbr.Wnb latnbr nag subg tnb
@aosas-iasbg Vbsticrc Iaptjst Dnurdn
lcr uospbdjljbg mcobtary gamafbs altbr
mbmibrs stafbg a gbmcostratjco at tnb
Mardn 955< luobrah cl njs sco. Jt wasrbpcrtbg tnat mbmibrs cl tnb dnurdn
ibhjbvb tnat R.T. gbatns jo tnb war jo
Jraq arb puojsnmbot lcr tnb oatjcos tch-
braodb cl ncmcsbxuahjty.
Dnurdn mbmibrs navb rcutjobhy pjd`-
btbg luobrahs cl mjhjtary pbrscoobh `jhhbg
jo Jraq aog Alfnaojstao, darryjof sjfos
sudn as Wnao` Fcg lcr gbag schgjbrs
aog Fcg natbs lafs.A oumibr cl statbs
navb passbg haws rbfargjof luobrah
prctbsts,aog Dcofrbss nas passbg a hawprcnjijtjof sudn prctbsts at lbgbrah
dbmbtbrjbs.Wnb Maryhaog hawsujt js tnb
ljrst ljhbg iy tnb lamjhy cl a lahhbo sbrvjdb-
mao. Wnb sujt oambg tnb dnurdn, Lrbg
Unbhps, jts lcuogbr0 aog njs twc gaufn-
tbrs.Wnb latnbr dcrrbdthy aog wjtn dcm-
phbtb kustjljdatjco dcotbogbg tnat tnb
prctbsts jotrugbg upco wnat sncuhg
navb ibbo a prjvatb dbrbmcoy aog
suhhjbg njs mbmcry cl tnb bvbot.Dcogudt
cl tnjs scrt gbsbrvbs tc ib gbaht wjtn,
narsnhy,aog tnat wcuhg rbqujrb apprcprj-
atb puojsnmbot lcr tnb wrcofgcbrs.
Tcurdb; Asscdjatbg Urbss
TBDYBDZJOWNBKRGJDJAHTZTWBMTNCRHGIB\BYZHJMJWBG
Jts my ibhjbl tnat sbdrbdy jo cur dcurt
systbmas a fbobrah ruhbjs oct a
fccg tnjof.Lcr cob tnjof, jts oct fccg
puihjd pchjdy tc ahhcw sbdrbdy jo kugjdjah
prcdbbgjofs.Wnb RDHA Haw Tdncch aog
tnb Yaog Dcrp. lcrmbg ao ahhjaodb hast
mcotn tc stugy sbdrbdy jo tnb oatjcos
djvjh kustjdb systbm.Bvbo tncufn traos-
parbody jo cur djvjh kustjdb systbm js
vjtahhy jmpcrtaot, tnbrb dao ib a lbw
tjmbs wnbo prjvady dao cvbrrjgb traos-parbody. Dhbarhy, tncsb cddasjcos sncuhg
ib tnb bxdbptjco aog oct tnb ruhb. Jo
rbdbot ybars, tnb djvjh kustjdb systbm nas
mcvbg away lrcm puihjd sdrutjoy, wjtn
lbwbr trjahs ibjof nbhg, aog mcrb
prjvatb kugfbs cpbratjof cutsjgb tnb
ocrmah dcurt systbm.
Aggbg tc tnat js a prchjlbratjco cl
dasbs tnat arb sbtthbg wjtn dcoljgbotjah-
jty afrbbmbots ibjof jodhugbg.As J navb
pcjotbg cut, qujtb cltbo gblbogaots wjhh
ma`b dcoljgbotjahjty a dcogjtjco cl tnbjr
sbtthbmbot cllbrs wnbo obfctjatjcos arb
uogbr way. Wnat rbahhy puts ictn tnb
hawybr aog dhjbot co a spct. Co maoy
cddasjcos, tnb dhjbot iaghy obbgs ljoao-
djah nbhp aog js jo oc pcsjtjco tc turo
gcwo a dcoljgbotjah sbtthbmbot cllbr
wjtn dcogjtjcos cl tnat scrt.Jo ladt, J dao
rbhay cohy cob tjmb jo my darbbr wnbo a
dhjbot turobg gcwo sudn ao cllbr cl tnb
rbqubst lcr dcoljgbotjahjty.Wnat was jo
tnb Tpjvby tradtcr dasb wnbrb Mrs.Gjxjb
Tpjvby rblusbg a $15 mjhhjco cllbr lrcm
@uicta tnat oct cohy nag amcuot dcolj-
gbotjahjty, iut a rbturo cl ahh gcdumbots
aog a sbahjof cl tnb rbdcrg.
Wnb bllbdt cl prjvatb kugfjof, `ocwo
as ahtbroatjvb gjsputb rbschutjco, js ahsc
mcst trcuihjof. Wnb usb cl maogatcry
ijogjof arijtratjco rbsuhts jo mcrb
sbdrbdy aog vbry hjtthb puihjd sdrutjoy.
Maoy jo Dcrpcratb Ambrjda waot
prjvatb kugfjof tc rbphadb tnb djvjhkustjdb systbm.Jo ladt, tnat nas ibbo cob
cl tnbjr makcr tnrusts cvbr tnb past 15
ybars. Jt was scrt cl hj`b tnb Dnjobsb
watbr tcrturb jo tnat jt shcwhy bvchvbg
wjtncut a frbat gbah cl puihjd attbotjco
aog rbsuhtbg jo scmbtnjof vbry iag lcr
ahh dcosumbrs.
Jo aoy bvbot, J ibhjbvb tnat sbdrbdy
sncuhg ib `bpt tc a iarb mjojmum
IbashbyAhhbo.dcm 6
8/9/2019 The Jere Beasley Report, Dec. 2007
8/52> IbashbyAhhbo.dcm
rbfarghbss cl ncw jt dcmbs jotc phay jo
tnb dcurt systbm. Jo ladt, J wcuhg hj`b tc
sbb dcoljgbotjahhy jo sbtthbmbots
iaoobg.Wnb puihjd js botjthbg tc `ocw
aicut iag dcogudt, as wbhh as aicut
sudn tnjofs as uosalb prcgudts aog iag
lccg, aog tnats fccg puihjd pchjdy.
@bbpjof tnat scrt cl tnjof dcoljgbotjah
js iag puihjd pchjdy aog ahhcws wrcof-gcbrs tc `bbp jolcrmatjco lrcm tnb
puihjd tnat dcuhg savb hjvbs aog gbtbr
iag dcogudt fbobrahhy.
Tcurdb; Hcs Aofbhbs Wjmbs
AHAIAMADCRYWDBYWJLJBTDHATTADWJCOAFAJOTWNCTUJWAH
Wnb Djrdujt Dcurt cl Iaricur Dcuoty,
Ahaiama nas rbdbothy dbrtjljbg a dhass
adtjco jo a hawsujt tnat cur ljrm js nao-
ghjof afajost Dcmmuojty Nbahtn
Tystbms, tnb prbvjcus cwobr cl Ha`b-
vjbw Dcmmuojty Ncspjtah, hcdatbg jo
Bulauha,Ahaiama.Vb ahhbfb tnat tnb ncs-
pjtah cvbrdnarfbg uojosurbg patjbots lcr
mbgjdah darb aog sbrvjdbs as dcmparbg
tc patjbots cl tnb ncspjtah wnc navb
josuraodb. Vb wjhh prcvb tnb ncspjtah
dchhbdts paymbots lrcm uojosurbg
patjbots tnat arb nuogrbgs tjmbs mcrb
tnao wnat tnby dchhbdt lrcm josurbg
patjbots.Wnb ncspjtah ta`bs tnb pcsjtjco
tnat tnby must sbb` mudn njfnbr rbjm-
iursbmbot hbvbhs lrcm uojosurbg
patjbots ibdausb Mbgjdarb/Mbgjdajg
aog prjvatb josuraodb darrjbrs (sudn as
Ihub Drcss Ihub Tnjbhg cl Ahaiama)
bjtnbr pay hbss tnao tnb dcsts cl rbogbr-
jof sbrvjdbs cr kust aicvb dcsts.
Wnjs dasb js sjmjhar tc a oumibr cl
ctnbr dhass adtjcos ljhbg afajost varjcus
ncspjtahs arcuog tnb dcuotry tnat arb
cvbrdnarfjof uojosurbg patjbots. Maoyfujhty ncspjtahs navb rbadnbg sbtthbmbots
jo crgbr tc dcmpbosatb tnb uojosurbg
lcr cvbrdnarfbs, cllbr dnarjty darb tc
tncsb patjbots wnc arb uoaihb tc allcrg
tnb ncspjtah prjdbs,aog/cr dnaofbg tnbjr
ncspjtah ijhhjof pradtjdbs aog dnarfb
uojosurbg patjbots at a mcrb rbascoaihb
hbvbh aog mcrb jo hjob wjtn wnat fcvbro-
mbot josuraodb prcframs aog prjvatb
josuraodb darrjbrs arb dnarfbg.
Wnb gblbogaots jo tnb Ha`bvjbw Ncs-
pjtah dasb navb ta`bo tnb pcsjtjco tnat
tnby gc oct ibhjbvb tnbjr ijhhjof prad-
tjdbs lcr uojosurbg patjbots arb joap-
prcprjatb. Wnb dhass scufnt a dcurt
gbdharatjco tnat tnb ncspjtah agmjssjco
dcotradt, wnjdn patjbots must sjfo
upco botbrjof tnb ncspjtah, gcbs octspbhh cut a prjdb tbrm lcr sbrvjdbs.Wnb
haw jo Ahaiama statbs tnat wnbrb oc
prjdb tbrm js gbljobg jo a dcotradt, tnb
dcurt dao supphy a rbascoaihb prjdb.
Tjodb Ha`bvjbws cvbrahh patjbot pcpuha-
tjco dcosjsts cl rcufnhy >2% josurbg
patjbots aog 12% uojosurbg patjbots,
tnb pcsjtjco cl tnb dhass mbmibrs js
tnat a rbascoaihb prjdb js mcrb ahcof
tnb hjobs cl wnat >2% cl tnb patjbots
pay, oct 12%.Wnb phajotjll dhass as`bg
tnb dcurt tc dbrtjly tnb dhass iasbg co a
lcrmuha tnat wcuhg sbt dnarfbs lcr
mbgjdah sbrvjdbs at 12% aicvb dcsts.
Wnb dcurt fraotbg tnb phajotjlls
rbqubst aog dbrtjljbg tnb dhass.
Wnjs js a frbat vjdtcry lcr tnb wcr`jof
pccr cl tnjs statb wnc arb uoaihb tc
allcrg gbdbot nbahtn darb dcvbrafb lcr
tnbjr lamjhjbs. Kay Aufntmao aog J lrcm
cur ljrm, ahcof wjtn Vahtbr Dahtco cl
Bulauha, wjhh naoghb tnjs mcst jmpcrtaot
dasb. Vb wjhh `bbp ycu agvjsbg as tnb
dasb fcbs lcrwarg.
FC\BYOMBOWDCOWYADWCYMRTWUAZLCYGBAWNCLR.T. TCHGJBY
A lbgbrah dcurt nas crgbrbg @uwajt
aog Fuhl Hjo` Wraospcrt Dcmpaoy, a
@uwajt-iasbg dcotradtcr, tc pay
$7,:56,57> jo gamafbs tc tnb lamjhy cl
Dch. Ycd`y Iarafcoa.Wnjs js a mcst sjf-
ojljdaot dasb jovchvjof tnb gbatn cl aR.T.schgjbr wnc was `jhhbg jo Jraq.Wnats
ibdausb a dcotradtjof dcmpaoy js ibjof
nbhg addcuotaihb jo a R.T. Dcurt lcr jts
adtjcos jo tnb war.A tradtcr-trajhbr cpbr-
atbg iy ao bmphcybb cl tnb dcotradtcr
drasnbg jotc tnb Dchcobhs Numvbb jo
9554 `jhhjof njm jostaothy. A wrcofluh
gbatn adtjco was ljhbg jo a Fbcrfja
lbgbrah dcurt.Wnb Kugfb,wnc nbarg tnb
dasb lcuog tnb dcotradtcr tc ib at lauht
aog assbssbg gamafbs. Jotbrbstjofhy, tnb
dcotradtcr nas rbdbjvbg mjhhjcos cl
gchhars jo. fcvbrombot dcotradts aog nas
supphjbg vbnjdhbs aog bqujpmbot tc tnb
R.T.Army.
Tcurdb; Asscdjatbg Urbss
J\.
WNB OAWJCOAH
TDBOB
CRYDCROWYZTDNJOADCOOBDWJCONATMAOZTBYJCRTYAMJLJDAWJCOT
Dnjoa nas ibdcmb a makcr phaybr jo
tnb wcrhgwjgb bdcocmy aog js dco-
trjiutjof tc fhciah frcwtn jo a vbry ijfway.Adtuahhy, tnjs ybar js tnb ljrst tjmb
tnat Dnjoa js dcotrjiutjof mcrb tc
fhciah frcwtn tnao aoy ctnbr dcuotry,
mbasurbg addcrgjof tc mar`bt FGU
wbjfnts. Jt js ibjof prckbdtbg iy maoy
bdcocmjsts tnat Dnjoa wjhh gc bvbo
ibttbr jo 955> josclar as bxpaosjco js
dcodbrobg. Jotbrbstjofhy, nahl cl wnat
Dnjoa iuys lrcm ctnbr dcuotrjbs arb
raw matbrjahs aog parts tc ma`b fccgs
tnat jt tnbo sbhhs as a ljojsnbg prcgudt joctnbr dcuotrjbs.Wnb Rojtbg Ttatbs nas
ibbo a ijf purdnasbr cl Dnjobsb prcg-
udts aog fccgs,wjtn tnb tctah rbadnjof
$9>> ijhhjco jo 955
8/9/2019 The Jere Beasley Report, Dec. 2007
9/52IbashbyAhhbo.dcm :
jt puts a tbrrjljd iurgbo co cur rbfuha-
tcry afbodjbs tc datdn tnb iag stull
wnbo jt dcmbs jo. Lcr bxamphb, dnbmj-
dah dcmpaojbs jo Dnjoa arb oct rbqujrbg
tc mbbt bvbo mjojmah gruf-maouladtur-
jof staogargs. Wnat mbaos tnby dao
bxpcrt uoapprcvbg, aguhtbratbg, cr
dcuotbrlbjt jofrbgjbots. Wnjs drbatbs a
rbah prcihbm jo tnjs dcuotry,bspbdjahhywnbo ycu dcosjgbr tnat maoy djtjzbos
arb iuyjof grufs co tnb Jotbrobt.Wnbo
wb navb wjtobssbg tnb vast oumibr cl
tcys dcotajojof uosalb hbvbhs cl hbag
dcmjof jo lrcm Dnjoa.Wnjs js drbatjof
makcr nbahtn aog salbty jssubs.
Vb dbrtajohy appbar tc ib co a dchhj-
sjco dcursb wjtn Dnjoa ibdausb cl cur
gbpbogbodb co tnbm aog tnbjr affrbs-
sjvb ibnavjcr co sbvbrah lrcots. Jm oct
surb tnat cur hbagbrs co tnb oatjcoah
hbvbh navb a vbry fccg frasp cl tnb maf-
ojtugb cl tnb cvbrahh prcihbm. Jo aoy
bvbot, tnb Iusn Agmjojstratjco surbhy
gcbsot sbbm tc ib wjhhjof tc gc aoy-
tnjof tnat wcuhg upsbt Dnjobsb clljdjahs.
Wnb Ambrjda pbcphb arb ibfjoojof tc
rbahjzb tnat wnjhb cur oatjcoah attbotjco
js lcdusbg co tnb war jo Jraqwjtn ahh cl
jts maoy-ladbtbg prcihbmswb navb a
mcst sbrjcus prcihbm at ncmb ibdausb
cl cur Dnjoa dcoobdtjco. J kust ncpb aog
pray tnat tnb iao s jo Dnjoa wcot fbt
mag aog start dahhjof cur gbits.
WNBUYBTJGBOWLJOAHHZYBAHJ[BTWNAWROTALBAOGGAOFBYCRTJMUCYWTAYBA UYCIHBM
Wnb Iusn Agmjojstratjco nas ljoahhy
rbahjzbg tnat uosalb aog gaofbrcus
prcgudts ibjof snjppbg jotc tnb R.T.
lrcm lcrbjfo dcuotrjbs pcsb makcr
dcodbros. Ahtncufn jt nas ta`bo awnjhb, at hbast tnb Agmjojstratjco js
dcmjof up wjtn prcpcsahs tc ibttbr
pchjdb jmpcrts. J ncpb tnbsb prcpcs-
ahsjo dcmijoatjco wjtn dcofrbs-
sjcoah bllcrtswjhh nbhp tc ma`b tnb
lccg aog prcgudts tnat arb ibjof
jmpcrtbg salbr. J wcogbr wnat jt dcsts
R.T. taxpaybrs lcr tnb lch`s tc dcmb up
wjtn prcpcsahs tnat dcosumbr frcups
hj`b Uuihjd Djtjzbo navb ibbo urfjof
lcr ybars!
Wnb jgbas jo tnb Iusn phao arbot obw
aog arb sjmphy bjtnbr varjatjcos cl scmb
cl tnb prcpcsahs tnat navb ahrbagy
appbarbg jo hbfjshatjco co Dapjtch Njhh cr
rbdcmmbogatjcos lrcm afbodjbs sudn as
tnb Lccg aog Gruf Agmjojstratjco.Jo ladt
scmb cl tnb barhjbr jgbas adtuahhy damblrcm iusjobss frcups. Wnb phaoobrs
dcuhg navb tah`bg wjtn Kcao Dhayircc`,
tnb prbsjgbot cl Uuihjd Djtjzbo,aog savbg
hcts cl tjmb aog mcoby. Jm surb Kcao
wcuhg navb ibbo nappy tc fjvb tnb fcv-
brombot phaoobrs addbss tc tnb prcpcs-
ahs Uuihjd Djtjzbo nas ibbo ma`jof lcr
ybars. Iut wjtn tnb Vnjtb Ncusb ljoahhy
fbttjof co icarg, mayib Dcofrbss wjhh
rbspcog lavcraihy aog fbt scmbtnjof
gcob. Rolcrtuoatbhy, tnb Vnjtb Ncusb
gjgot attadn iugfbt aog pbrscoobh
oumibrs tc tnbjr phao.Jostbag,tnb phao
wjhh usb tnb ocrmah luogjof-rbqubst
prcdbss tnrcufn Dcofrbss.
Tcurdb; Vahh Ttrbbt Kcuroah
LCYMBYAJGBTAZTWNBUYBTJGBOWGJGOWWBHH WNBWYRWN
Lcrmbr Vnjtb Ncusb prbss sbdrbtary
Tdctt MdDhbhhao js ihamjof Urbsjgbot
Iusn aog \jdb Urbsjgbot Gjd` Dnboby
lcr mjshbagjof tnb puihjd aicut tnb
rchb cl Vnjtb Ncusb ajgbs jo hba`jof tnb
jgbotjty cl a DJA cpbratjvb.As J uogbr-
staog jt tnb hba` vjchatbg lbgbrah haw. Jt
ocw appbars ahh cl tnb jolcrmatjco tnat
MdDhbhhao put cut tc tnb mbgja aog tnb
puihjd dcodbrojof tnb jovchvbmbot cl
@arh Ycvb aog Tdcctbr Hjiiy was tctahhy
lahsb. Wnb lcrmbr Iusn ajgb ocw says
tnat nb nag uo`ocwjofhy passbg ahcof
lahsb jolcrmatjco tc tnb mbgja aog tnbAmbrjdao pbcphb.
MdDhbhhao oambs ljvb cl tnb njfnbst-
rao`jof clljdjahs jo tnb Agmjojstratjco
wnc wbrb jovchvbg jo tnb hba`. Wnby
jodhugb @arh Ycvb, Hjiiy,Aogrbw Darg
(wnc was tnb prbsjgbots dnjbl cl stall
at tnb tjmb) tnb \jdb-Urbsjgbot aog tnb
Urbsjgbot njmsbhl.Wnjs js mcst gjsturi-
jof obws aog J am alrajg jt tbhhs us hcts
aicut tnjs Urbsjgbot aog njs Agmjojstra-
tjco.J gcot ibhjbvb wb navb bvbr nag ao
Agmjojstratjco tnat nas gcob as mudn
gamafb tc tnjs dcuotry as tnjs cob nas
gcob.Wnb Ambrjdao pbcphb navb bvbry
rjfnt tc ib lbg up!
VBAHWNZWBHB\AOFBHJTWIAD@TFJRHJAOJ
Jo a mcvb tnat damb as a rbah sncd`
hast mcotn, tbhbvaofbhjst Uat Ycibrtsco,
lcuogbr cl tnb Dnrjstjao Dcahjtjco,
bogcrsbg Ybpuihjdao prbsjgbotjah daogj-
gatb Yugy Fjuhjaoj. Vnbo J ljrst nbarg
tnat aoocuodbmbot co tnb ojfnthy
obws, J tncufnt tnb rbpcrtbr nag nbr
oambs mjxbg up. Jt ahsc drcssbg my
mjog tnat jt was ahrbagy Aprjh Lcchs
Gay.Altbr J cvbrdamb my jojtjah sncd`, J
rbahjzbg tnat tnb pchjtjdahhy astutbYcibrtsco nag adtuahhy bogcrsbg tnb
lcrmbr Maycr cl Obw Zcr` Djty,dahhjof
njm a prcvbo hbagbr wnc js oct alrajg
cl wnat hjbs anbag aog wnc wjhh dast a
ncpbluh vjsjco lcr ahh Ambrjdaos.
Ycibrtsco, wnc J suspbdt nas ahways
ibbo mctjvatbg iy mcoby aog a obbg
lcr pcwbr, appbarbg at a obws dcolbr-
bodb wjtn Fjuhjaoj jo Vasnjoftco tc
ma`b tnb bogcrsbmbot.
Wnb lcrmbr Obw Zcr` maycrs
iad`jof cl aicrtjco rjfnts aog fay
rjfntspcsjtjcos tnat put njm jo gjrbdt
dcolhjdt wjtn dcosbrvatjvb FCU crtnc-
gcxymagb tnjs pchjtjdah marrjafb cob
tnat gbsbrvbs a ibttbr bxphaoatjco tnao
wb navb fcttbo tnus lar. Fjuhjaoj nas
ibbo tryjof tc pbrsuagb bvaofbhjdah
dcosbrvatjvbs hj`b Ycibrtsco tc cvbr-
hcc` tnbjr gjllbrbodbs co tncsb jssubs.
Jts prbtty narg tc ljfurb tnjs bogcrsb-
mbot cut. Iut, wnbo ycu dcosjgbr tnat
Uat Ycibrtsco, wnc nas ahways ibbo
prbtty mudn a pchjtjdah cppcrtuojst, nas
ahways nag a ocsb lcr smbhhjof cut
mcoby scurdbs, J fubss nb wcuhg
bogcrsb ahmcst aoyicgy jl tnb prjdb js
rjfnt. Jo ladt, wnbo J was watdnjof
Ycibrtsco nuf Yugy, J jmmbgjatbhy
tncufnt cl tnb mcvjb wjtn Wcm Drujsb,
Tncw mb tnb Mcoby. Ybfarghbss cl Uat
Ycibrtcos jovchvbmbot, Yugy Fjuhjaoj
8/9/2019 The Jere Beasley Report, Dec. 2007
10/5215 IbashbyAhhbo.dcm
js a mao wnc rbahhy sdarbs mb wnbo J
dcosjgbr tnat nb dcuhg ib Urbsjgbot cl
tnjs dcuotry. Nb js a mastbr lhjp-lhcppbr
aog njs rbdcrg js prccl cl tnat. Fjuhjaojs
rbdcrg js tctahhy jo dcolhjdt wjtn wnat
Ycibrtsco prclbssbs tc ibhjbvb. Jt wjhh
ib jotbrbstjof tc sbb wnat bllbdt Ycibrt-
scos bogcrsbmbot wjhh navb. J prbgjdt jt
wjhh navb vbry hjtthb.Tcurdb; OID Obwsaog Asscdjatbg Urbss
\.
WNB DCYUCYAWB
VCYHG
DCYUCYAWBICTTBTFBWLJYBGAOGTWJHHGCVBHHLJOAODJAHHZ
Wnb ladt tnat Ttaohby CObah, a oatjvbcl Ahaiama, was lcrdbg cut as DBC at
Mbrrjhh Hyodn & Dc., Jod.gjgot dcmb as
a ijf surprjsb.Ncwbvbr, scmb wbrb sur-
prjsbg tnat nb was rbwargbg ratnbr wbhh
ljoaodjahhy as nb fct tnb dcrpcratb
icct. CObah rbtjrbg co Cdtcibr 45tn
altbr tnb dcmpaoy sullbrbg tnb ijffbst
quartbrhy hcss jo jts :4-ybar njstcry.Jotbr-
bstjofhy, CObah, wnc nag ibbo dnjbl
bxbdutjvb sjodb Gbdbmibr 9559, gjgot
navb ao bmphcymbot dcotradt. Iutibdausb nb was ahhcwbg tc rbtjrb,
jostbag cl ibjof clljdjahhy ljrbg, CObah
was bhjfjihb tc rbdbjvb tnb $1
8/9/2019 The Jere Beasley Report, Dec. 2007
11/52IbashbyAhhbo.dcm 11
Gjstrjdt Dcurt, lcuog tnat tnb dcmpa-
ojbs nag adtbg wjhhluhhy, aog crgbrbg
Astra[bobda tc pay mcrb tnao $19.:
mjhhjco jo tctah gamafbs aog Irjstch-
Mybrs tc pay $2 mjhhjco.
Wnb dnarfbs wbrb cuthjobg jo a supbr-
sbgjof jogjdtmbot tnat oambg Taogra
Natljbhg, tnb lcrmbr dnjbl cpbratjof
clljdbr cl GNI. Ircc`s aog Natljbhg
wbrb addusbg cl lahsbhy jol hatjof tnb
vahub cl tnb jovbotcry cl GNIs tcp
prcgudt, tnb Jotbrdbptcr vbst, tc nbhp
mbbt prcljt marfjo prckbdtjcos. Wnb
vbst,gbsjfobg tc wjtnstaog rjlhb ljrb aog
snrapobh, was magb lcr tnb MarjobDcrps aog ctnbr iraodnbs cl tnb mjhj-
tary.Wnjs appbars tc ib aoctnbr bxamphb
cl ncw scmb lch`s navb prcljtbg
trbmbogcushy jo tnb Iusn war.
Hast ybar, Ms. Natljbhg aog Gawo
Tdnhbfbh, tnb lcrmbr Dnjbl Ljoaodjah
Clljdbr wbrb jogjdtbg co dnarfbs cl
josjgbr tragjof jo tnb samb sdnbmb tc
jolhatb tnb vahub cl tnb vbsts.Autncrjtjbs
ahhbfb tnb sdnbmb prcpbhhbg tnb
dcmpaoys stcd` lrcm $9 a snarb jobarhy 9554 tc obarhy $95 a snarb jo hatb
9557. Vnbo tnby schg sbvbrah mjhhjco
GNI snarbs at tnat tjmb, Ircc`s magb
mcrb tnao $1>2 mjhhjco aog Natljbhg
mcrb tnao $2 mjhhjco, addcrgjof tc tnb
R.T.Attcrobys clljdb.
Ircc`s aog Natljbhg ahsc arb addusbg
cl lajhjof tc rbpcrt tc tnb JYT mcrb tnao
$15 mjhhjco jo icous paymbots tc tnbm-
sbhvbs aog ctnbr GNI bmphcybbs. Jo
aggjtjco, Ircc`s js addusbg cl usjof
GNI luogs tc iuy cr hbasb huxury vbnj-
dhbs lcr njmsbhl aog lamjhy mbmibrs,
aog tc pay lcr vadatjcos, kbwbhry, dcs-
mbtjd surfbry, dcuotry dhui ijhhs, aog
lamjhy dbhbiratjcos. Urcsbdutcrs say nb
tnrbw havjsn partjbs lcr njs dnjhgrbo at
wnjdn botbrtajobrs hj`b Wcm Ubtty,Abrc-
smjtn, aog tnb Bafhbs pbrlcrmbg.
Ircc`s, wnc cwos mcrb tnao 155
ncrsbs aog radbs tnbm at narobss trad`s
arcuog tnb dcuotry, ahsc usbg GNI
luogs lcr njs prjvatb ncrsb radjof iusj-
obss, addcrgjof tc prcsbdutcrs.
Ircc`s rbsjfobg lrcm GNI jo Kuhy
955
8/9/2019 The Jere Beasley Report, Dec. 2007
12/52
dcrpcratjco, jts ncmb apprajsah sui-
sjgjary, aog tnb oatjcos harfbst savjofs
aog hcao fjaot dcospjrbg tc jolhatb tnb
vahub cl ncmb apprajsahs. Wnb sujt
ahhbfbg tnat tnbsb gblbogaots barobg
njfnbr prcljts lcr tnb iao` iut hblt
ncmbcwobrs wjtn mcrtfafbs tnat navb
iahaodbs harfbr tnao tnb ncmbs mar`bt
vahub. Addcrgjof tc tnb dcmphajot jo aObw Zcr` Djty dcurt, at hbast 25 b-majhs
ibtwbbo bxbdutjvbs lrcm tnb mcrtfafb
aog prcpbrty sbrvjdbs dcofhcmbratb,
Ljrst Ambrjdao Dcrpcratjco, jts wnchhy
cwobg suisjgjary, bApprajsbJW, aog
Vasnjoftco Mutuah gcdumbot a rajsb
tnb vahub sdnbmb. Addcrgjof tc tnb
Attcroby Fbobrahs clljdb, tnb sdnbmb
was a rbspcosb tc tnb gbmaogs cl
savjofs aog hcao fjaot Vasnjoftco
Mutuah.Wnb icfus apprajsahs wcuhg jo
turo ahhcw JW tc wrjtb ao jodrbasbg
amcuot cl hcaos lcr mcrb mcoby tnao
tnb dchhatbrah wcuhg kustjly. Attcroby
Fbobrah Aogrbw Ducmc says;
Wnb jogbpbogbodb cl tnb apprajsbr
js bssbotjah tc majotajojof tnb
jotbfrjty cl tnb mcrtfafb jogustry.
Ljrst Ambrjdao aog bApprajsbJW
vjchatbg tnat jogbpbogbodb wnbo
Vasnjoftco Mutuah strcof-armbg
tnbm jotc a systbm gbsjfobg tc rjpcll ncmbcwobrs aog jovbstcrs
ahj b. Wnb ihataot adtjcos cl Ljrst
Ambrjdao aog bApprajsbJW navb
dcotrjiutbg tc tnb frcwjof lcrbdhc-
surb drjsjs aog turmcjh jo tnb
ncusjof mar bt. Iy ahhcwjof
Vasnjoftco Mutuah tc naog-pjd`
apprajsbrs wnc jolhatbg vahubs,
Ljrst Ambrjdao nbhpbg sbt tnb
durrbot mcrtfafb drjsjs jo mctjco.
Wnbsb hcaos wbrb prcljtaihb lcr Vasn-joftco Mutuah.Wc darry cut tnb sdnbmb,
Vasnjoftco Mutuah ahhbfbghy as`bg tnat
bApprajsbJWwnjdn pbrlcrms aicut
25,555 apprajsahs a mcotn oatjcoahhy
tc usb a prblbrrbg hjst cl jogbpbogbot
apprajsbrs ratnbr tnao apprajsbrs lrcm
jts cwo stall cl mcrb tnao 19,255. Jt js
ahhbfbg jo tnb dcmphajot tnat tnbjr cwo
apprajsbrs wbrbot puttjof tnb prcpbrty
vahubs at hbvbhs tnat Vasnjoftco Mutuah
was sbb`jof.
Ljrst Ambrjdaos tjthb josuraodb aog
sbrvjdbs dcmpaoy js tnb harfbst jo tnjs
dcuotry. Jts cob cl sbvbrah mar`bt-
hbagjof dcmpaojbs jo tnb Ljrst Ambrjdao
lamjhy. Ctnbrs jodhugb Tpbdjahty Josur-
aodb, Mcrtfafb Jolcrmatjco, UrcpbrtyJolcrmatjco, aog Yjs` Mjtjfatjco aog
Iusjobss Tchutjcos. Durrbothy,Vasnjof-
tco Mutuah js oct a party tc tnb djvjh
sujt. Ncwbvbr, tnb attcroby fbobrah
gcbsot navb tnb autncrjty tc ljhb sujt
afajost a lbgbrahhy dnartbrbg iao`. Jotbr-
bstjofhy, Vasnjoftco Mutuah nas sus-
pbogbg jts rbhatjcosnjp wjtn
bApprajsbJWat hbast lcr ocw.
Tcurdb; Vahh Ttrbbt Kcuroah
CRWHAOGJTNLBBTAYBIBJOFDNAYFBGWCICYYCVBYT
As rbdcrg oumibrs cl ncmbcwobrs
gblauht co tnbjr mcrtfafbs, qubstjcoaihb
pradtjdbs amcof a oumibr cl hbogbrs
navb dcmb tc hjfnt. Jt was rbpcrtbg jo
tnbObw Zcr` Wjmbs rbdbothy tnat qubs-
tjcoaihb lbbs arb ibjof aggbg tc tnbsb
hcaos.Vnjhb maoy cl tnb lbbs arb lcr hbss
tnao $955 badn, dchhbdtjvbhy tnby dcuhg
rbsuht jo mjhhjcos cl gchhars fcjof jotc
tnb dcllbrs cl hcao sbrvjdbrs. Dcosjgbr-
jof tnat ncmb lcrbdhcsurbs arb ibdcm-
jof a oatjcoah drjsjs, hbogbrs ta`jof
agvaotafb cl icrrcwbrs js uodco-
sdjcoaihb aog must ib gbaht wjtn iy
lch`s jo autncrjty. Jt js ibjof bstjmatbg
tnat twc mjhhjco lamjhjbs wcuhg hcsb
tnbjr ncmbs iy tnb bog cl tnb durrbot
mcrtfafb drjsjs.Vnjhb tnats a sag statb
cl allajrs, jts bquahhy sag tnat maoy cl
tnb hbogbrs navb dnarfbg lbbs tc tnbicrrcwbrs tnat arb bjtnbr jhhbfah cr at
ibst qubstjcoaihb.
Qubstjcoaihb pradtjdbs iy hcao sbr-
vjdbrs arb sudn a prcihbm tnat tnb
Clljdb cl tnb Rojtbg Ttatbs Wrustbb, a
gjvjsjco cl tnb Kustjdb Gbpartmbot tnat
mcojtcrs tnb iao`ruptdy systbm, js
fbttjof jovchvbg. Mcrtfafb sbrvjdjof
dcmpaojbs tnat ljhb lahsb cr joadduratb
dhajms,assbss uorbascoaihb lbbs, cr lajh
tc addcuot prcpbrhy lcr hcao paymbots
sncuhg ib prcsbdutbg. Wncsb wnc arb
lcuog fujhty sncuhg ib put jo kajh jl pcs-
sjihb, aog ljobg tc tnb luhh hjmjts cl apphj-
daihb haws.
Jt appbars tnat hcao sbrvjdjof js
bxtrbmbhy hudratjvb. Tbrvjdbrs, wnjdn
dchhbdt paymbots lrcm icrrcwbrs aogpass tnbm co tc jovbstcrs wnc cwo tnb
hcaos, fbobrahhy rbdbjvb a pbrdbotafb cl
jodcmb lrcm a hcao. Wnbsb paymbots
raofb lrcm 5.92% co a prjmb mcrtfafb
tc 5.25% co a suiprjmb hcao.Tbrvjdbrs
typjdahhy fbobratb prcljt marfjos cl
aicut 95%. Tbrvjdbrs typjdahhy `bbp hatb
lbbs aog dbrtajo ctnbr dnarfbs assbssbg
co gbhjoqubot cr gblauhtbg hcaos.Wnjs
rbsuhts jo trbmbogcus jodcmb aog
prcljts tc tnb sbrvjdbrs. Jl gblauht iy a
icrrcwbr dao prbsbot a sbrvjdbr wjtn ao
cppcrtuojty lcr aggjtjcoah prcljt, tnb
systbm js irc`bo. Wnb Wjmbs rbpcrtbg
tnat tnbrb js hjtthb cvbrsjfnt cl lcrbdhc-
surb pradtjdbs aog tnb lbbs tnat arb
ibjof dnarfbg wnbo lcrbdhcsurbs cddur.
As a rbsuht, as ycu dao jmafjob, tnb
pctbotjah lcr aiusb js qujtb bvjgbot.
Wnb amcuots tnat arb ibjof dnarfbg
co hcaos arb sjfojljdaot. Lcr bxamphb,
hatb lbbs addcuotbg lcr 11.2% cl sbrvjd-
jof rbvboubs jo 955< at Cdwbo Ljoao-
djah, a ijf sbrvjdjof dcmpaoy. At
Dcuotrywjgb, $9>2 mjhhjco damb lrcm
hatb lbbs hast ybar, up 95% lrcm 9552.
Hatb lbbs addcuotbg lcr 6.2% cl Dcuo-
trywjgbs sbrvjdjof rbvboub hast ybar.
Rolcrtuoatbhy, tnbsb arbot tnb cohy
dnarfbs icrrcwbrs ladb. Ctnbrs jodhugb
$172 jo scmbtnjof dahhbg gbmaog
lbbs0 $146 jo cvbrojfnt gbhjvbry lbbs0
lax lbbs cl $250 aog paycll statbmbot
dnarfbs cl $
8/9/2019 The Jere Beasley Report, Dec. 2007
13/52
aodb dnarfbs, aog njfn jotbrbst ratbs co
hcaos magb jt hjtbrahhy jmpcssjihb lcr tnb
icrrcwbr tc ma`b tnb rbqujrbg
mcotnhy paymbots.
Jo cob sudn dasbjovchvjof tnb pur-
dnasb cl a usbg dartnb iuybr wcuog
up cwjof cvbr $11,555 co a dar tnat co
tnb hct was prjdbg at cohy $4,555. Jo
aggjtjco,tnb josuraodb pchjdy tnb ycuofmao was rbqujrbg tc purdnasb at a ratb
cl $625 aoouahhy cohy dcvbrbg tnb
hbogbr jo tnb bvbot tnb dar was rbpcs-
sbssbg.Ahsc, ao crjfjoatjco lbb cl $1,555
was aggbg tc tnb purdnasb prjdb aog
was pajg iy tnb sbhhbr tc tnb hbogbr.
Vnbo jt ibdamb apparbot tnat tnb
ycuof maownc was payjof aicut
75% cl njs mcotnhy dnbd` tc tnb ljoaodb
dcmpaoydcuhgot ma`b njs mcotnhy
paymbots, tnb dar was turobg jo iy
afrbbmbot tc tnb hbogbr.Wnb icrrcwbr
was tchg tnat njs gbit was satjsljbg.
Ncwbvbr, a gbljdjbody iahaodb cl cvbr
$15,555 was hatbr dnarfbg tc njm. Vb
ljhbg sujt afajost tnb ljoaodb dcmpaoy
aog a kury awargbg tnb icrrcwbr $25
mjhhjco.
Vb iaghy obbg tc dhbao up wnat
appbars tc ib a dcrrupt suiprjmb
hbogjof systbm. Jl ycu afrbb, phbasb ta`b
tjmb tc dcotadt ycur R.T. Tboatcrs aog
mbmibrs cl Dcofrbss.As` tnbm tc ma`b
surb tnat jmmbgjatb adtjco js ta`bo tc
rbmbgy a vbry iag sbt cl prcihbms.
Tcurdb; Obw Zcr` Wjmbs
HAVTRJWLJHBGAFAJOTWDJWJFYCRUC\BYTRIUYJMBMCYWFAFBHCTTBT
A snarbnchgbr gbrjvatjvb hawsujt was
ljhbg hast mcotn afajost Djtjfrcup Jod.,
lcrmbr DBC Dnarhbs Urjodb, aog ctnbr
bxbdutjvbs. Wnb sujt, ljhbg jo lbgbrahdcurt jo Obw Zcr`, jovchvbg hcssbs
rbhatbg tc tnb iao`s suiprjmb mcrt-
fafb-iad`bg sbdurjtjbs pcrtlchjc. Wnb
hawsujt ahhbfbg tnat Djtjfrcup bxbdu-
tjvbs rbd`hbsshy purdnasbg suiprjmb
hcaos tc ib usbg lcr luturb dchhatbrahjzbg
gbit cihjfatjcos aog tnbo magb
jmprcpbr statbmbots rbfargjof tnb
ljoaodjah sbrvjdbs dcmpaoys bxpcsurb
tc tnb suiprjmb mar`bt mbhtgcwo.Wnb
sujt ahsc ahhbfbs scmb bxbdutjvbs schg
tnbjr cwo snarbs jo tnb dcmpaoy wnjhb
jo pcssbssjco cl matbrjah ocopuihjd
jolcrmatjco aicut jts bxpcsurb, sbdur-
jof mcrb tnao $4< mjhhjco jo prcdbbgs.
Wnb sujt lurtnbr ahhbfbg;
Djtjfrcup, uogbr gblbogaotsgjrbd-
tjco, rbd hbsshy spbot ijhhjcos cl
gchhars purdnasjof suiprjmb
hcaos tc ib warbncusbg lcr luturb
dchhatbrahjzbg gbit cihjfatjcos.
Wnbsb adtjcos wbrb rbd`hbss gub tc
tnb jmpbogjof suiprjmb mcrtfafb
drjsjs aog jodrbasjof gbhjoqubody
ratbs amcof suiprjmb icrrcwbrs.
Wnb gbrjvatjvb sujt lchhcws a sbparatb
hawsujt ljhbg barhjbr jo Obw Zcr` co
ibnahl cl partjdjpaots cr ibobljdjarjbs
cl Djtjfrcups rbtjrbmbot phaos, wnjdn
ahhbfbg tnb dcmpaoys stcd` was ao
jmprugbot jovbstmbot lcr tnb phaos
ibdausb cl mjsmaoafbmbot aog
jmprcpbr iusjobss pradtjdbs at tnb
dcmpaoy.Wnb gbrjvatjvb hawsujt,wnjdn
was ljhbg iy a Djtjfrcup snarbnchgbr, js
sbb`jof a kugfmbot afajost tnb jogjvjg-
uah gblbogaots lcr tnb amcuot cl
gamafbs sustajobg iy tnb dcmpaoy as a
rbsuht cl tnbjr ahhbfbg irbadnbs cl ljgu-
djary gutjbs. Wnb sujt ahsc sbb`s tc
jmprcvb tnb dcrpcratb fcvbroaodb aog
jotbroah prcdbgurbs at Djtjfrcup. Jts
sjfojljdaot tnat tnb dcmpaoy wjhh wrjtb
cll ibtwbbo $> ijhhjco aog $11 ijhhjco
tc rblhbdt gbdhjobs jo tnb vahub cl jts
suiprjmb-mcrtfafb-rbhatbg sbdurjtjbs
sjodb Tbptbmibr 45tn. Djtjfrcup js ocw
tryjof tc icrrcw bocufn mcoby at njfn
jotbrbst ratbs jo crgbr tc `bbp jts cpbra-
tjcos alhcat.Wnb iag obws lcr tnb jogus-
try js tnbrb wjhh hj`bhy ib maoy mcrbsjmjhar hawsujts ljhbg afajost ctnbr dcm-
paojbs cpbratjof jo tnb suiprjmb
hbogjof jogustry.
Tcurdb; Josuraodb Kcuroah
KRYZVJHHNBAYWAUBTCLB -FBOBYAHYBB BDRWJ\BT
Hast mcotn wb wrctb aicut tnb muhtj-
ladbtbg prcihbms jovchvjof Fbobrah
Ybjosuraodb Dcrp. (FboYb) aog tnb
rbjosuraodb jogustry. Ocw jt appbars
tnat kurcrs at tnb lraug trjah cl lcur
lcrmbr FboYb bxbdutjvbs wjhh fbt tc
nbar a tapbg dcovbrsatjco jo wnjdn a
wjtobss sajg Ambrjdao Jotbroatjcoah
Frcup Jod. (AJF) wjhh ljog ways tc dcc`
tnb icc`s. A lbgbrah kugfb ruhbg tnat
lbgbrah prcsbdutcrs wjhh ib ahhcwbg tc
phay tapbs at tnb drjmjoah trjah cl lcrmbr
FboYb Dnjbl Bxbdutjvb Clljdbr Ycoahg
Lbrfusco, tnrbb cl njs lcrmbr dch-
hbafubs, aog Dnrjstjao Mjhtco, tnb
lcrmbr nbag cl rbjosuraodb at AJF.Wnb
ljvb arb addusbg cl usjof a snam rbjosur-
aodb dcotradt tc jolhatb AJFs rbpcrtbgrbsbrvbs lcr dhajms iy $255 mjhhjco. Kury
sbhbdtjco was sdnbguhbg tc ibfjo co tnb
4rg cl tnjs mcotn.
Wnb adtuah trjah cl tnb dasb jovchvjof
Lbrfusco, Mcorag aog Mjhtco trjah wjhh
ibfjo co Kaouary 6tn.Wnb ctnbr gblbo-
gaots arb Dnrjstcpnbr Faraog, a lcrmbr
sbojcr vjdb prbsjgbot jo dnarfb cl ljojtb
rbjosuraodb, aog Ycibrt Franam,
lcrmbr assjstaot fbobrah dcuosbh.Vnjhb
wb wjhh watdn tnb drjmjoah dasbs wjtnjotbrbst, cur ljrms bllcrts wjhh ib
lcdusbg co tnb djvjh dasb wb arb nao-
ghjof lcr tnb Ttatb cl Wboobssbb.Ahh cl
tnjs wcuhg ma`b a Kcno Frjsnam ocvbh
hcc` scrt cl tambtnb sag part cl tnjs
safa js tnat jts ahh trub!
Tcurdb; Ihccmibrf Obws
BOYCONAGA IAGDATBCLLHBAT
My mama tchg mb wnbo J was aicut15 ybars chg tnat wnbo ycu hjb gcwo
wjtn a pad` cl gcfs tnat navbl hbas,ycu
wjhh ahways fbt up sdratdnjof. Jt tcc`
mb a hcof tjmb tc rbahhy dcmprbnbog
wnat snb was tryjof tc tbhh mb. Ocw J
rbahjzb tnat jl ycu fbt jovchvbg wjtn a
iuodn cl dco-artjsts cr cuthaws, jt wjhh
dcst ycu jo a ijf way! Wnat prjodjphb
apphjbs jo spagbs tc tnb dcmpaojbs tnat
IbashbyAhhbo.dcm 14
8/9/2019 The Jere Beasley Report, Dec. 2007
14/52
nbhpbg Borco darry cut a massjvb lraug.
A prjmb bxamphb js Daoagjao Jmpbrjah
Iao` cl Dcmmbrdb (DJID).Wnjs iao`s
gbdjsjco tc sbhh jts R.T. jovbstmbot-
iao`jof cpbratjcos tc Cppbonbjmbr &
Dc. lcr a frbathy rbgudbg vahuba
mjojmum cl $25 mjhhjcojs mcrb tnao
kust jotbrbstjof. Jts a dhassjd bxamphb cl
wnat dao nappbo wnbo frbbg ta`bscvbr, rbsuhtjof jo a dcmpaoy gcjof
stupjg tnjofs.
Wnb DJID stcry pcjots cut ncw tnb
Borco sdaogah nas allbdtbg maoy ctnbrs
jo tnb dcrpcratb wcrhg.Zcu gcot navb
tc hcc` aoy lurtnbr tnao DJIDs jovchvb-
mbot wjtn Borco Dcrp tc sbb wny tnb
dcmpaoy js ocw navjof ahh scrts cl
prcihbms. Lrcm 1::> tc 9551, addcrg-
jof tc tnb TBD,DJID ajgbg aog aibttbg
lraug at tnb bobrfy tragbr iy strudturjof
47 Borco ljoaodjofs as assbt sahbs
jostbag cl hcaos.Wnb TBD says tnat tnb
traosadtjcos hbt Borco iccst barojofs iy
mcrb tnao $1 ijhhjco aog avcjg gjsdhcs-
jof mcrb tnao $9.< ijhhjco jo gbit.Zcu
may rbdahh tnat jo 9552, DJID sbtthbg
djvjh hawsujts rbhatbg tc jts Borco botao-
fhbmbot lcr aicut $4 ijhhjco.
DJID wasot tnb cohy dcmpaoy tnat
tcc` a ljoaodjah njt ibdausb cl Borco.
Tbvbrah ijf R.T. iao`s, jodhugjof K.U.
Mcrfao Dnasb & Dc., ahsc hbt dcrpcratb
frbbg fbt tnbm jo ijf trcuihb.Wnb prci-
hbms lcr DJID, ncwbvbr, may navb ibbo
tnb wcrst cl ahh. Wnb sbtthbmbot vahub
was mcrb tnao DJIDs aoouah prcljt.
DJIDs arm jo tnjs dcuotry obvbr luhhy
rbdcvbrbg. DJID wjhh `bbp jts Daoagjao
jovbstmbot-iao`jof arm aog wjhh dco-
tjoub tc cpbratb a oumibr cl iusjobssbs
jo tnb R.T., jodhugjof rbah-bstatb ljoaodb,
mbrdnaot iao`jof, aog jts cjh aog
oaturah-fas agvjscry arm. Wnb dcosb-qubodbs cl lahhjof jotc tnb Borco Wrap
wbrb trbmbogcushy gamafjof tc DJID.
Wnb sahb cl tnb R.T. iusjobss, wnjdn
cpbratbs as DJID Vcrhg Mar`bts, js a
prjmb bxamphb cl wny jts jmpcrtaot tc
gc rjfnt.DJID adqujrbg tnb cpbratjco jo
1::6 wnbo jt icufnt Cppbonbjmbr
Nchgjofs Jod. lcr $292 mjhhjco. Jo 9554,
DJID schg Cppbonbjmbrs rbtajh-irc`br-
afb iusjobss aog oamb lcr $926 mjhhjco
tc Lanobstcd` \jobr Nchgjofs, wnjdn
dnaofbg jts oamb tc Cppbonbjmbr. Hbt
us kust ncpb tnb obw cwobrs rbmbmibr
oct tc phay wjtn matdnbs arcuog a ljrb.
Tcurdb; Vahh Ttrbbt Kcuroah
\J.
UYCGRDW
HJAIJHJWZ RUGAWB
BAYHZVAYOJOFYRHBHBA\BTURIHJDJOWNBGAY@AICRWNA[AYGT
Wnb Oatjcoah Njfnway Wralljd Talbty
Agmjojstratjco jssubg a ljoah ruhb a lbw
wbb`s iad`, rbstrjdtjof puihjd addbss tc
mudn cl tnb barhy warojof gata tnat
tnb autc aog tjrb jogustry js rbqujrbg tcsuimjt iy haw tc assjst jo tnb barhy jgbo-
tjljdatjco cl mctcr vbnjdhb salbty
gblbdts. As wb navb hbarobg, tnb Iusn
Agmjojstratjco js aggjdtbg tc sbdrbdy,
aog tnat aggjdtjco nas sprbag tnrcufn-
cut tnb rbfuhatcry afbodjbs. Gbspjtb
hcsjof jo tnb dcurts, tnb Iusn Vnjtb
Ncusb josjsts co tryjof codb afajo tc
prcgudb a ruhb tnat wjhh `bbp tnb puihjd
jo tnb gar` aicut pctbotjah gblbdts aog
ctnbr salbty nazargs jo tnb dars tnbygrjvb.Vnat tnjs ljoah ruhb mbaos js tnat
Urbsjgbot Iusn aog njs agvjscrs wcuhg
ratnbr prctbdt tnb autcmcijhb aog tjrb
jogustrjbs tnao tnb puihjd. Wnb barhy
warojof gataiasb js jotbogbg tc fjvb
tnb puihjd bxadthy wnat tnb oamb jogj-
datbs; ao barhy warojof aicut pctbotjah
nazargs, sc tnat jt dao prctbdt jtsbhl aog
nchg tnb Agmjojstratjco aog jogustrjbs
addcuotaihb. Jl w b gcot `ocw cl
pctbotjah gaofbrs, ncwbvbr, wb daot
gbmaog scmbtnjof ib gcob tc stcp
bmbrfjof prcihbms lrcm ibdcmjof
wjgbsprbag datastrcpnbs.
Dcofrbss rbqujrbg ONWTA tc drbatb
tnb barhy warojof gataiasb jo tnb wa`b
cl tnb Lcrg-Ljrbstcob gbatns. Jo nbarjofs
jo 9555, hbfjshatcrs wbrb cutrafbg tc
hbaro tnat ao josuraodb jovbstjfatcr nag
dcmpjhbg bvjgbodb cl 95 dasbs cl Lcrg-
Ljrbstcob prcihbms aog prbsbotbg jt tc
ONWTA jo 1::>aog tnat tnb afbody
tnbo sat co jts naogs uotjh tnb gbatn tchh
nag mcuotbg sc njfn tnat jt magb nbag-
hjobs. Dcofrbss waotbg tc prctbdt tnb
puihjds rjfnt tc ocw aicut gbvbhcpjof
bvjgbodb cl salbty dcodbros, sc jt passbg
tnb Wraospcrtatjco Ybdahh Bonaodbmbot,
Addcuotaijhjty, aog Gcdumbotatjco(WYBAG) Adt jo 9555.
ONWTA attbmptbg tc tnwart tnb wjhh
cl Dcofrbss iy jssujof a ruhb jo 9554
tnat wcuhg `bbp barhy warojof gata a
sbdrbt. Uuihjd Djtjzbo dnahhbofbg tnat
ruhb jo dcurt, aog jo Mardn 955
8/9/2019 The Jere Beasley Report, Dec. 2007
15/52
ijf, Dhass A mctcr ncmbs. Cob cl tnb
makcr prcihbms wjtn tnb F12: tjrb js
tnat jt was oct gbsjfobg lcr usb co
Dhass A mctcr ncmbs ibjof cpbratbg at
njfnway spbbgs. Jostbag, tnb tjrb was
gbsjfobg lcr usb co rbfjcoah aog
mbtrc gbhjvbry trud`s. Wc addcmmc-
gatb tnat usb, jt was magb wjtn a tnjd`
trbag pad`afb gbsjfobg lcr vbnjdhbstnat dcostaothy ladb duris, pctnchbs,
gbirjs aog dcostaot stcp-aog-fc
grjvjof. Wnb tjrb ibhts wbrb ahsc
wjgbobg lcr tnjs usb.Wnb prcihbm wjtn
tnjs gbsjfo, wnbo usbg co tnb ijf Dhass
A mctcr ncmbs, js tnat tnb trbag
pad`afb aog wjgb ibht gbsjfo ma`bs
tnb tjrb ruo tcc nct at njfnway spbbgs.
Wnjs dao rbsuht jo lajhurbs aog sbpara-
tjcos, hbagjof tc addjgbots, jokurjbs, aog
gbatn.Wnbrb navb ibbo jostaodbs wnbrb
tnjs vbry tnjof nas nappbobg.
Altbr mudn wcr`, aog sbvbrah dcurt
crgbrs, wb navb citajobg oumbrcus
gcdumbots aog gbpcsjtjcos tnat sncw
`ocwhbgfb cl Fccgybar aog tnb Y\
jogustry cl tnb prcihbms wjtn tnb F12:
tjrb.Wnb gcdumbots aog tbstjmcoy navb
ibbo phadbg uogbr sbah sc wb dao oct
spbdjljdahhy gjsduss tnbm cr gjsdhcsb
tnbjr dcotbots at tnjs pcjot jo tjmb.Vb
navb ahsc gjsdcvbrbg tnb jgbotjljdatjco
cl cvbr 45 hawsujts wnjdn navb ibbo
ljhbg afajost Fccgybar aog Y\ maoulad-
turbrs cvbr tnb past 6 tc > ybars. Jo cob
dasb, wnjdn Fccgybar sbtthbg jo 9554,
wb ljhbg a mctjco tc jotbrvbob jo a Dahj-
lcroja lbgbrah dcurt tc try tc hjlt tnb prc-
tbdtjvb crgbr aog fjvbo addbss tc scmb
pctbotjahhy gamafjof tbstjmcoy afajost
Fccgybar. Wnb kugfb nas fraotbg cur
mctjco. Ncpbluhhy, tnjs wjhh ahhcw us tc
uosbah tnb rbdcrg.Wnb F12: tjrb js oc
hcofbr mar`btbg as ao Y\ tjrb. Jt wasrbphadbg iy tnb F65\. Rolcrtuoatbhy,
tnbrb arb stjhh tncusaogs cl F12: tjrbs jo
usb tcgay. Iasbg co tnbjr hcof trad`
rbdcrg cl lajhurbs, tnbsb pctbotjahhy gao-
fbrcus tjrbs must ib rbdahhbg.
IAGDNJOBTBWJYBTAYBTWJHHIBJOFTCHG
Tjodb ahh cl tnb Dnjobsb tcy rbdahhs
aog rbhatbg prcihbms navb gcmjoatbg
tnb obws cvbr tnb past sbvbrah wbb`s,
tnb salbty nazarg drbatbg iy iag tjrbs
lrcm Dnjoa nas ibbo hj`bhy jfocrbg.As
ycu wjhh rbdahh, aicut 922,555 Dnjobsb-
magb tjrbs, jmpcrtbg iy Lcrbjfo Wjrb
Tahbs Jod. cl Rojco, Obw Kbrsby, wbrb
rbdahhbg altbr tnb dcmpaoys cwobr sajg
nb nag gjsdcvbrbg tnb tjrbs may had` a
haybr cl ruiibr gbsjfobg tc ma`b tnbm
mcrb guraihb.Wnb tjrbs wbrb prcgudbg
iy Dnjoas Naofzncu [ncofdb Yuiibr
Dc., wnjdn nas gblbogbg tnb quahjty cl
jts prcgudts.
Wnb puihjd assumbs tnat tnb rbdahh fct
tnbsb tjrbs cll tnb njfnways, iut uolcr-
tuoatbhy tnbrb arb tjrbs lcr sahb tnat arb
jgbotjdah tc tnb cobs tnat wbrb rbdahhbg.Jt nas ibbo rbpcrtbg tnat tnb GCW
oumibr nas ibbo ta`bo cll tncsb tjrbs.
As ycu may `ocw, tnb GCW oumibr js
usbg tc jgbotjly tnb ladtcry wnbrb a tjrb
js magb, as wbhh as tnb wbb` aog ybar
tnat a tjrb js magb. ONWTA sncuhg ma`b
bvbry bllcrt tc fbt ahh cl tnb iag tjrbs cll
tnb mar`bt.Ncpbluhhy, tnby navbot lcr-
fcttbo aicut tnjs sbrjcus salbty nazarg.
Tcurdb; Vahh Ttrbbt Kcuroah
GBLBDWTMAZNA\BIBBONJGGBOAWWCZCWA-FM UHAOW
A wnjsthb ihcwbr rbdbothy ljhbg a
hawsujt jo Dahjlcroja tnat wjhh ib
watdnbg dhcsbhy iy dcosumbr frcups.
Ao bmphcybb at a phaot jo tnat statb ruo
kcjothy iy Fbobrah Mctcrs aog Wcycta
nas addusbg nbr maoafbrs cl ahhcwjof
sbrjcus gblbdts tc fc uodnbd`bg, jodhug-
jof lauhty sbat ibhts aog ira`jof, aogrbtahjatjof wnbo snb rbsjstbg. @aty
Dambrco, a dbrtjljbg augjtcr wnc nas
wcr`bg lcr 94 ybars at Obw Rojtbg
Mctcr Maouladturjof, says maoafbmbot
rcutjobhy gbhbtbg cr gcwofragbg
gblbdts lrcm nbr rbpcrts co vbnjdhbs
ibfjoojof jo 9552.
Wnb hawsujt rbqubsts uospbdjljbg
gamafbs lcr rbtahjatjof afajost tnb
wnjsthb-ihcwbr aog jotbotjcoah jolhjdtjco
cl bmctjcoah gjstrbss lrcm ORMMJ,
Wcycta Mctcr,Wcycta jo Ocrtn Ambrjda
aog Fbobrah Mctcrs. Gblbdts tnat wbrb
jotbotjcoahhy passbg cvbr, addcrgjof tc
tnb dcmphajot, jodhugbg irc`bo sbat
ibhts, lauhty nbaghjfnts, joagbquatb
ira`jof, mjrrcrs lahhjof cll, bofjob cjh
hba`s, aog stbbrjof wnbbh ahjfombotprcihbmsahh jo ao bllcrt tc gbdrbasb
tnb oumibr cl gblbdts. Vnjhb jts oct
dhbar wnbtnbr aoy gblbdts adtuahhy
rbsuhtbg jo addjgbots,sjodb salbty wcuhg
gbljojtbhy ib dcmprcmjsbg jl tnb ahhbfa-
tjcos arb trub, J suspbdt tnbrb wbrb. Jo
ladt, J am awarb cl at hbast twc hawsujts
wnbrb tnb vbnjdhbs jovchvbg damb lrcm
tnjs phaot.
ORMMJ, sbt up as a kcjot vboturb jo
1:>7, prcgudbs tnb Dcrchha suidcm-
padt,Wadcma pjd`up, aog Ucotjad \jib
wafco.Cob cl tnb phaots purpcsbs was
tc navb Ambrjdao wcr`brs hbaro Wcyctas
prcgudtjco mbtncgs. Oumbrcus haicr
rbhatjcos stugjbs navb stugjbs tnb phaot,
aog tnb dcmpaoy says tbamwcr` aog
salbty arb amcof jts dcrb vahubs.
Ncwbvbr, mcrb aog mcrb quahjty prci-
hbms arb ibjof bxpbrjbodbg at Wcycta,
wnjdn tragjtjcoahhy nas a fccg rbputa-
tjco lcr rbhjaijhjty.Wcyctas rbdahhs navb
jodrbasbg snarphy cvbr tnb hast dcuphb cl
ybars, aog tnb dcmpaoy nas prcmjsbg tc
ibbl up quahjty dcotrch. Jts ahhbfbg jo
tnb dcmphajot tnat FM js navjof tc gc
tnjofs tnb Wcycta Vay aog as a rbsuht
salbty js ibjof dcmprcmjsbg.Wnjs dasb
wjhh ib watdnbg vbry dhcsbhy.
Tcurdb; Asscdjatbg Urbss
\JJ.
MATT WCYWTRUGAWB
A IYBA@GCVOCOWNB\JC^^DHAJMTUYCDBTT
As pcjotbg cut jo tnb Dapjtah Dcm-
mbots Tbdtjco, tnb \jcxx dhajms navb
ibbo sbtthbg lcr $7.>2 ijhhjco. Ibdausb
IbashbyAhhbo.dcm 12
8/9/2019 The Jere Beasley Report, Dec. 2007
16/52
wb navb rbdbjvbg a fccg oumibr cl
joqujrjbs aicut ncw tnb sbtthbmbot
prcdbss wjhh wcr , J wjhh irjblhy bxphajo
jt. Ljrst, tnb Tbtthbmbot Urcfram js
hjmjtbg tc dasbs tnat wbrb ljhbg jo dcurt
cr tchhbg tnrcufn tnb MGH tchhjof mbdn-
aojsm as cl Ocvbmibr :, 9556, aog
apphjbs cohy tc tncsb dasbs wnbrb a
nbart attad`, strc`b, cr suggbo dargjadgbatn was ahhbfbg jo tnb dcmphajot cr
tchhjof prcljhb lcrm.Wnbsb arb rblbrrbg
tc as tnb bhjfjihb dhajms. Bjfnty-ljvb
pbrdbot cl ahh bhjfjihb dhajms must afrbb
tc partjdjpatb jo tnb Tbtthbmbot Urcfram
tc trjffbr Mbrd`s guty tc luog tnb sbt-
thbmbot.
Wnb \jcxx Tbtthbmbot Urcfram wjhh
bvahuatb jogjvjguah dasbs iasbg upco
cikbdtjvb drjtbrja cohy. Jo mcst dasbs,
cohy jokury bvbot rbdcrgs, pnarmady
rbdcrgs, aog dargjchcfy/oburchcfy
lchhcw-up rbdcrgs arb rbqujrbg lcr a
dhajm tc ib prcdbssbg.Wnb suimjssjco
cl mbgjdah rbdcrgs lcr 15, 2, cr bvbo 4
ybars prbdbbgjof ao jokury js oct obdbs-
sary. Wc quahjly lcr dcmpbosatjco
tnrcufn tnb Tbtthbmbot Urcfram, bhjfj-
ihb dhajmaots must satjsly tnrbb tnrbsn-
chg drjtbrja;
Wnb mbgjdah rbdcrgs suimjttbg must
dcoljrm tnb jokury as ahhbfbg.
Unarmady rbdcrgs cr ctnbr mbgjdah
rbdcrgs must dcoljrm tnb gjspbosa-
tjco cl 45 \jcxx pjhhs jo a . Cohy dhajmaots wnc mbbt tnb
gbaghjobs jo suimjttjof ahh obdbssary
matbrjahs tc tnb Dhajms Agmjojstratcr
wjhh ib botjthbg tc tnb jojtjah paymbots.
A Hjbo Agmjojstratcr nas ibbo
rbtajobg tc rbschvb ahh tnjrg-party fcv-brombot hjbos sudn as Mbgjdajg aog
Mbgjdarb. Dhajmaots aog tnbjr hawybrs
arb rbspcosjihb lcr rbschvjof aoy ctnbr
tnjrg-party hjbo.Vb lbbh rbah fccg aicut
tnjs Tbtthbmbot Urcfram. Jt was
gbsjfobg tc dcmpbosatb quahjljbg
dhajmaots qujd`hy aog blljdjbothy aog,
mcst jmpcrtaothy, tc pay vbry lajr sbtthb-
mbot vahubs. Jl ycu navb qubstjcos
aicut tnb prcfram, phbasb dahh Ycfbr
Tmjtn cr Hbjfn CGbhh jo cur clljdb at
(447) 9
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17/52
taot, dao ib rbadnbg at
Wjoa.OjxEibashbyahhbo.dcm.
FAGCHJOJCRMHJWJFAWJCO
Fagchjojcum, a dnbmjdah usbg tc
nbhp trbat gjsbasbg `jgobys, dausbs
a pajoluh aog joduraihb gjsbasb
`ocwo as obpnrcfbojd systbm
ljircsjs (OTL) cr Obpnrcfbojd
Ljircsjof Gbrmcpatny (OLG),
wnjdn nargbos tnb s`jo. Fagchjo-
jum, a nbavy mbtah, js jokbdtbg jotc
patjbots tc nbhp gcdtcrs dapturb
mbgjdah jmafbs.Wnb gruf, maoulad-
turbg iy Iaybr Dcrp., js gjstrjiutbg
iy Md@bssco Dcrp. aog ctnbr dcm-
paojbs.A rbdbot warojof lrcm tnb
Lccg aog Gruf Agmjojstratjco
rbhatbs tc OTL. As wb rbdbothy
rbpcrtbg, tnb LGA nas as`bg maou-
ladturbrs cl ahh Fagchjojum-iasbg
dcotrast afbots tc jodhugb a obw
icxbg warojof co tnb prcgudt
haibh.As mcrb aog mcrb pbcphb arb
ibdcmjof awarb cl tnb gaofbrs cl
Fagchjojum-dcotajojof dcotrast
afbots, mcrb rbpcrts cl tnbsb
sbrjcus dcogjtjcos arb surladjof.
Ubcphb wnc gbvbhcp OTL cr OLGmay bxpbrjbodb a tnjd`bojof cl tnb
s`jo aog ctnbr crfaos, wnjdn dao
hjmjt tnbjr aijhjty tc mcvb, bxtbog
kcjots aog dao hbag tc sjfojljdaot
pajo aog bvbo gbatn. Ctnbr prci-
hbms may jodhugb gar` patdnbs co
tnb s`jo tnat appbar rcufn aog narg
wjtn rajsbg phaqubs cr papuhbs,
wnjdn arb bhbvatjcos cl tnb s`jo.
Kcjot aog icob pajo, as wbhh as
swbhhjof cl tnb lbbt aog naogs navb
ahsc ibbo rbpcrtbg. Wnb LGA ljrst
warobg aicut OTL aog OLG asscdj-
atbg wjtn Fagchjojum jo Kuob cl
955< aog afajo jo Gbdbmibr cl
955
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18/52
Vccgsco, cob cl cur hawybrs jo tnb
Mass Wcrts Tbdtjco, js tnb dcotadt
hawybr lcr tnb ljrm.Vb ibhjbvb tnat
a sjfojljdaot oumibr cl wcmbo wjhh
ib agvbrsbhy allbdtbg ibdausb cl
Avaogja. Lrao` dao ib rbadnbg at
lrao`.wccgscoEibashbyahhbo.dcm.
Zcu dao ahsc dcotadt Datny Ubrry
wnc js Lrao`s hbfah assjstaot atdatny.pbrryEibashbyahhbo.dcm. Vb
wjhh ib fhag tc gjsduss tnbsb dhajms
jl aoyicgy nas a obbg. Lbbh lrbb tc
dcotadt bjtnbr Lrao` cr Datny.
UAJOURMUTAOGUAFDH
A stugy puihjsnbg iy Wnb Ambrjdao
Kcuroah cl Tpcrts Mbgjdjob (Ucst-
artnrcsdcpjd Fhbocnumbrah Dnco-
grchysjs, Kuhy 9556) nas jgbotjljbg
jotra-artjduhar pajo pumps (varjcus
maouladturbrs) as tnb hj`bhy dausb
cl a dcogjtjco `ocwo as Ucstartnrc-
sdcpjd Fhbocnumbrah Dncogrchysjs
(UAFDH).Wnjs js a gbvastatjof dcogj-
tjco tnat dao dausb sbvbrb pajo aog
stjllobss jo tnb allbdtbg sncuhgbr,
ahcof wjtn hjmjtatjcos co raofb cl
mctjco, rbgudbg strboftn aog tnb
obbg lcr dcostaot pajo maoafb-
mbot. Jt js oct uodcmmco lcrpatjbots allhjdtbg wjtn UAFDH tc
rbqujrb rbpbat surfjdah prcdbgurbs.
Jo maoy dasbs, tnb dcogjtjco wjhh
uhtjmatbhy rbqujrb sncuhgbr kcjot
rbphadbmbot surfbry. Vb arb
prbsbothy wcr`jof wjtn a ljrm jo
Ucrthaog, Crbfco aog navb a trjah
sbttjof jo tnb summbr cl 955>.Vb
arb ahsc jovbstjfatjof a oumibr cl
ctnbr pctbotjah dhajms aog wjhh
hj`bhy ljhb sujt lcr a oumibr cldhajms vbry scco.Wbg Mbagcws js
tnb dcotadt hawybr co tnbsb dhajms.
Jl ycu obbg aggjtjcoah jolcrmatjco
cr wcuhg hj`b tc gjsduss aoy aspbdt
cl tnjs hjtjfatjco, lbbh lrbb tc dcotadt
Wbg cr njs hbfah assjstaot.
@BWB@DHAJMT
Addcrgjof tc tnb R.T. Lccg aog
Gruf Agmjojstratjco (LGA), tnb
gruf ma`br Avbotjs lajhbg tc adt co
rbpcrts cl sbrjcus prcihbms wjtn a
dhjojdah trjah co jts aotjijctjd @btb`.
Jt was ahsc rbpcrtbg tnat tnb
dcmpaoy gjgot prcpbrhy cvbrsbbtnb trjahs dcogudt.Wnb LGA gbtajhbg
jts dcodbros jo a hbttbr sbot tc
Taoclj-Avbotjs TA, tnb suddbsscr
dcmpaoy tc Avbotjs, altbr a mbrfbr.
Wnb hbttbr was pcstbg co tnb
afbodys Vbi sjtb. @btb`,wnjdn nas
ibbo hjo`bg tc a rjs` cl hjvbr
gamafb, was apprcvbg iy tnb LGA
jo 9557. Jotbrbstjofhy, tnb afbody
nas sajg jt gjgot rbhy co tnb qubs-
tjcoaihb salbty stugy jo apprcvjoftnb gruf. Jotbrbstjofhy, tnb gcdtcr
wnc rao tnb sjtb tnat borchhbg tnb
mcst patjbots jo tnb stugy phbagbg
fujhty tc lraug.Wnb stugy was sup-
pcsbg tc aoswbr qubstjcos aicut
wnbtnbr tnb gruf was tjbg tc sjgb
bllbdts, jodhugjof hjvbr gamafb. Jt
dhbarhy appbars tc navb lahhbo sncrt
cl tnat fcah.
Wnb LGA sajg jo tnb hbttbr tnat vjsjts
lrcm ao Avbotjs dcotradtcr aog tnbgruf ma`brs cwo augjts gcdu-
mbotbg sbrjcus prctcdch vjchatjcos
aog rbfuhatcry ocodcmphjaodb iy
muhtjphb dhjojdah jovbstjfatcrs.Wnb
afbody sajg jt was uoaihb tc ljog
bvjgbodb tnat tnb dcmpaoy bjtnbr
ljxbg tnb prcihbms cr tnrbw tnb
prcihbmatjd gcdtcrs cut cl tnb
stugy cr jolcrmbg tnb LGA.Avbotjs
was ahsc lauhtbg lcr lajhjof tc ma`b
surb tnb stugy was prcpbrhy dco-gudtbg aog lcr ahhcwjof uoquahj-
ljbg jovbstjfatcrs tc partjdjpatb jo
tnb trjah. @btb` aog tnb salbty stugy
navb ibbo tnb suikbdt cl jovbstjfa-
tjcos iy Dcofrbss. Taoclj-Avbotjs
aggbg a warojof tc hast ybar
@btb`s haibh aicut tnb pctbotjah
lcr hjvbr rjs`.Cur ljrm js hcc`jof at
pctbotjah dhajms jovchvjof @btb`.
Lcr mcrb jolcrmatjco, ycu dao
dcotadt Lrao` Vccgsco wnc js tnb
prjmary hawybr co tnbsb dasbs lcr
tnb ljrm. Zcu dao ahsc dcotadt njs
hbfah assjstaot.
Tcurdb; Vahh Ttrbbt Kcuroah
MBGWYCOJDNBAYWGB\JDBT
As wb navb rbpcrtbg, tnb LGA nas
aoocuodbg tnb rbdahh cl oumbrcus
jmphaotaihb gbljirjhhatcrs maoulad-
turbg iy Mbgtrcojd,Jod.Wwc cl tnb
gbvjdbs rbdahhbg co Aprjh 1. Wnb Mjdrc Kbwbhh JJ
6994Dx js oc hcofbr ibjof schg.
Wnbsb gbvjdbs arb dcosjgbrbg a
Dhass J rbdahh, wnjdn js tnb njfnbst
prjcrjty rbdahh.Wnjs rbdahh js cob jo
wnjdn tnbrb js a rbascoaihb prcia-
ijhjty tnat, jl a partjduhar gbvjdb js
mahluodtjcojof, tnb mahluodtjcojof
gbvjdb wjhh dausb sbrjcus agvbrsb
nbahtn dcosbqubodbs cr gbatn.
Aoctnbr rbdahh was jssubg co Lbiru-
ary 15, 9552 lcr gbvjdbs wncsb iat-
tbrjbs wbrb maouladturbg ibtwbbo
Aprjh 9551 aog Gbdbmibr 9554.Wnb
gbvjdbs jodhugbg jo tnjs rbdahh arb
tnb Marqujs \Y 6945, Marqujs GY
6967,Maxjmc \Y 6949,Maxjmc GY
696>, JoTyod Marqujs 6966, JoTyod
JJ Marqujs 69>:, JoTyod JJJ Marqujs
696:, aog JoTyod JJJ Urctbdt 69>2.
Addcrgjof tc Mbgtrcojd, Jod., ocob
cl tnb JoTyod JJJ Urctbdt gbvjdbs
wbrb jmphaotbg jo tnb Rojtbg
Ttatbs.Wbg Mbagcws js tnb dcotadt
hawybr co tnbsb dhajms. Jl ycu obbg
aggjtjcoah jolcrmatjco co tnbsb
dhajms, ycu dao dcotadt Wbg cr njs
hbfah assjstaot.
IAZBYWYATZHCH WYJAHNAHWBG
A dhjojdah trjah cl Wrasyhch, wnjdn js
Iaybr AFs nbart surfbry gruf, was
nahtbg rbdbothy altbr ao jodrbasbg rjs` cl
1> IbashbyAhhbo.dcm
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19/52
gbatn lrcm ihbbgjof was hjo`bg tc tnb
trbatmbot.Wnb gruf, apprcvbg jo 1::4
aog `ocwo fbobrjdahhy as aprctjojo,nas
ibbo uogbr a dhcug lcr mcrb tnao a ybar
ibdausb cl gata suffbstjof jt may iccst
tnb rjs` cl gbatn, sbrjcus `jgoby
gamafb, aog strc`b.Wnb Lccg aog Gruf
Agmjojstratjco agvjsbg gcdtcrs jo a
octjdb pcstbg co jts Vbi sjtb tc ibawarb cl tnb addumuhatjof gata suffbst-
jof ao jodrbasbg mcrtahjty rjs`.
Wnb LGA says jt wjhh rbvjsjt tnb grufs
salbty jssubs, wnjdn may jodhugb haibh
dnaofbs cr ctnbr rbfuhatcry adtjcos.Wra-
syhch js ajmbg at prbvbotjof ihccg hcss jo
patjbots wjtn ao jodrbasbg rjs` lcr ihccg
hcss gurjof nbart iypass surfbry. Iaybr
iad`s tnb salbty cl tnb gruf aog says
tnat jt js dccpbratjof wjtn tnb LGA aog
ctnbr nbahtn rbfuhatcrs tc rbbvahuatbjts
rjs`s aog ibobljts. Wnb LGA sajg jo jts
octjdb tc gcdtcrs tnat tnb 45-gay mcrtah-
jty rjs` jo tnb Wrasyhch frcup jo tnb trjah
was obarjof statjstjdah sjfojljdaodb, dcm-
parbg wjtn ctnbr trbatmbots jt was
tbstbg afajost.Wnb gruf was hjo`bg tc
hbss sbrjcus ihbbgjof iut mcrb gbatns
lrcm nbmcrrnafb jo ao jojtjah aoahysjs.
Ao LGA agvjscry paobh nag rbdcm-
mbogbg jo Tbptbmibr tnat tnb gruf stay
co tnb mar bt gbspjtb jts rjs`s. Wnb
dcmpaoy was urfbg tc dcogudt a rao-
gcmhy-dcotrchhbg dhjojdah trjah, wnjdn js
dcosjgbrbg tnb fchg staogarglcr bvahu-
atjof a gruf. Wnb grufs haibhjof was
rbvjsbg hast ybar tc oarrcw jts usb tc
patjbots wjtn ao jodrbasbg rjs` cl ihccg
hcss aog traoslusjco, a warojof tnat nas
suistaotjahhy dut jts usb. Jotbrbstjofhy,
Iaybr nas prbvjcushy sajg jt mjsta`bohy
wjtnnbhg a stugy cl -ybar-chg lbmahb wnc
gjbg co Aprjh 9, 9557, altbr usjof tnb
patdn. A dcoljgbotjah sbtthbmbot was
rbadnbg jo tnat dasb co Cdtcibr 11tn,
iut apparbothy tnb afrbbmbot was oct
part cl a sbahbg dcurt ljhb. Wnb obxt
sdnbguhbg trjah jovchvbs tnb gbatn cl a
16-ybar-chg wnc gjbg jo hatb 9554. Jt js
shatbg lcr statb dcurt jo Tt. Hcujs jo Lbi-
ruary cl obxt ybar.
K&K lajhbg tc nbbg warojof sjfos
aicut tnb patdn,wnjdn gbhjvbrs tnb ncr-
mcobs prcfbstjo aog bstrcfbo tnrcufn
tnb s`jo jotc tnb ihccgstrbam. Wnb
dcmpaoy, iasbg jo Obw Iruoswjd`,
Obw Kbrsby,`obw tnat tnb patdn, wnjdn
wbot co tnb mar`bt jo 9559, dausbgmcrb ihccg dhcts aog gbatns tnao tnb
ijrtn-dcotrch pjhh. Wnb Lccg aog Gruf
Agmjojstratjco warobg jo Ocvbmibr
9552 tnat tnb patdn may dausb dhcts aog
bxpcsb wcmbo tc
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LGAs iugfbt lcr lcrbjfo jospbdtjcos
must ib jodrbasbg.Mcst cl cur rbagbrs
wjhh ib sncd`bg tc hbaro tnb jospbdtjco
iugfbt js hcwbr lcr 955> tnao jt was
iad` jo 9559. Wnb puihjd harfbhy nas
ibbo jo tnb gar` aicut tnb pbrlcrmaodb
cl tnb LGA. Rp uotjh tnb wjtngrawah cl
\jcxx lrcm tnb mar`bt, aog tnb vast
amcuot cl mbgja attbotjco tnat lch-hcwbg, mcst Ambrjda djtjzbos ibhjbvbg
tnat grufs apprcvbg iy tnb rbfuhatcry
afbody wbrb salb lcr usb.Wnat ibhjbl oc
hcofbr bxjsts aog dbrtajohy sncuhgot
wnbo jt dcmbs tc lcrbjfo jmpcrts.
Tcurdb; Vahh Ttrbbt Kcuroah
TRJWAFAJOTWGYRFYBTBAYDNLJYMVJHHUYCDBBG
A lbgbrah kugfb nas rblusbg tc gjsmjss
obfhjfbodb aog lraug dhajms afajost a
rbsbardn ljrm tnat ahhbfbghy dcospjrbg
wjtn a gruf maouladturbr tc mjshbag tnb
Lccg aog Gruf Agmjojstratjco. Wnb
kugfb rbkbdtbg tnb arfumbot tnat a
rbsbardn ljrm cwbs oc guty cl darb tc a
patjbot wnc was hatbr narmbg iy a gruf
tnat wco LGA apprcvah as a rbsuht cl lah-
sjljbg tbst rbsuhts. Jostbag, tnb kugfb
lcuog tnat wnbo a rbsbardn ljrm cvbr-
sbbs tnb dhjojdah stugjbs aog js awarb cl
tnb grufs pctbotjah sjgb bllbdts,tnb ljrm
may ib nbhg hjaihb tc patjbots.Wnjs js a
scuog gbdjsjco ibdausb cl tnb jmpcr-
taodb cl dhjojdah trjahs.Wnb LGA gbpbogs
co tnb jolcrmatjco rbdbjvbg lrcm tnb
gruf dcmpaojbs rbhatjof tc dhjojdah
trjahs. Tjfojljdaothy, tnb kugfb jo tnjs dasb
ahsc dcodhugbg tnat tnb phajotjlls statb
tcrt dhajms wbrb oct prb-bmptbg iy
lbgbrah haw.
Tcurdb; Hbfah Jotbhhjfbodbr
KRYZ\BYGJDWRUNBHGJOJOLAOWTWZHBOCHDATB
A kugfb jo Unjhagbhpnja nas upnbhg a
$2 mjhhjco kury vbrgjdt rbogbrbg cvbr a
1-ybar-chgs gbatn ahhbfbghy gub tc hjvbr
lajhurb lrcm ao cvbrgcsb cl Jolaots
Wyhboch.Addcrgjof tc tnb cpjojco, tnb
jolaot gjbg Mardn 9559 altbr ibjof
agmjojstbrbg JolaotsWyhboch lcr tnrbb
gays tc trbat njs dchg symptcms. Wnb
parbots dcotbogbg tnat tnbjr sco gjbg
lrcm adbtamjocpnbo tcxjdjty aog tnat
tnb warojof haibhs aog gjrbdtjcos co tnb
JolaotsWyhboch haibh wbrb oct dhbar tnat
ao cvbrgcsb lrcm adbtamjocpnbo,
Wyhbochs adtjvb jofrbgjbot, dao hbag tchjvbr tcxjdjty.
Wnb gblbosb hawybrs dhajmbg tnb
jolaots gbatn was lrcm ao uorbhatbg
vjrah nbpatjd jokury aog tnat tnb parbots
nag lajhbg tc lchhcw tnb mbgjdjobs
jostrudtjcos aog warojofs.Wnb kury, jo
gbdjgjof lcr tnb parbots, lcuog tnat tnb
Jolaots Wyhboch warojof haibhs wbrb
gblbdtjvb aog dcotrjiutbg tc tnb jolaots
gbatn.Wnb parbots tbstjljbg tnby wcuhg
oct navb fjvbo tnb mbgjdjob tc tnbjr
sco nag tnb prcgudt jodhugbg a warojof
tnat Wyhboch lcr jolaots dcuhg dausb hjvbr
gamafb cr gbatn.Wnb trjah kugfb ruhbg
tnat parbots nag sulljdjbothy prcvbg tnat
JolaotsWyhboch js uorbascoaihy gaofbr-
cus.Wnb kugfb ahsc ruhbg tnat lbgbrah
haw gjgot prbbmpt tnb statb haw
warojof dhajms.
Tcurdb; Hbfah Jotbhhjfbodbr
A TBYCRTFAUJOMBGJDAHTALBWZB JTWT
At a tjmb wnbo pcwbrluh dcrpcratb
jotbrbsts aog tnb Iusn Vnjtb Ncusb arb
kcjobg at tnb njp, pusnjof narg lcr ruhbs
cl prbbmptjco jo lbgbrah rbfuhatcry
afbodjbs, jt nas ibdcmb apparbot tnat a
sbrjcus fap jo mbgjdah salbty bxjsts.
Ahtncufn tnjs fap nas ibbo `ocwo tc
scmb cl us wnc naoghb prcgudt hjaijhjty
hjtjfatjco, jt surladbg afajo wnbo tnb
Tprjot Ljgbhjs
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dhajms, jodhugjof dhajms tnat nag ibbo
dcoschjgatbg jotc a muhtj-gjstrjdt hjtjfa-
tjco prcdbbgjof dasb jo R.T. Gjstrjdt
Dcurt jo Mjoobscta, aog ctnbr dhajms
oatjcowjgb.
Urcdbbgjofs jo statb dcurt jo Mjo-
obscta navb ibbo staybg ibdausb cl tnb
bxpaogbg sbtthbmbot, rbadnbg jo mbgja-
tjco dcogudtbg iblcrb a lbgbrah mafjs-tratb kugfb jo Mjoobapchjs. Icstco
Tdjbotjljd, wnjdn adqujrbg Fujgaot jo
Aprjh 955mjhhjco jo gamafbs.Wnjs sujt jovchvbg a
purdnasb afrbbmbot tnat wbot iag.Wnb
kugfmbot jo a Rtan lbgbrah dcurt js tnb
apprcxjmatb dcst cl tnb dcah Aqujha nag
tc purdnasb wnbo tnb mjob cpbratcr
nahtbg jts gbhjvbry cl dcah. Aqujha
dhajmbg jo tnb hawsujt jt nag tc jmphb-
mbot mcrb bovjrcombotah dcotrchs co
tnb dcah jt icufnt lrcm ctnbr Rtan
mjobs ibdausb tnb dcah dcotajobg a
njfnbr hbvbh cl suhlur.
D.V. Mjojof, ahsc `ocwo as DcCp
Mjojof Dc., nag botbrbg jotc a tnrbb-
ybar afrbbmbot jo 9554 wjtn cptjcos tc
bxtbog jotc 955>.D.V. Mjojof jolcrmbg
Aqujha jo 9552 tnat jt wcuhg wjtngraw
lrcm tnb afrbbmbot ibdausb cl haicr
aog prcgudtjco jssubs.Addcrgjof tc tnbafrbbmbot, Aqujha was tc pay D.V.
Mjojof ibtwbbo $1:.75 aog $99.69 a
tco lcr dcah.Vnbo Aqujha scufnt gbahs
wjtn ctnbr dcah mjobs, tnb prjdbs wbrb
as mudn as $46 a tco. Jts bxpbdtbg tnat
D.V. Mjojof wjhh appbah.
Tcurdb; @aosas Djty Iusjobss Kcuroah
ROJWCLMCYFAOTWAOHBZLJHBTTRJW
Wnbrb js icuog tc ib a frbat gbah clhjtjfatjco arjsjof cut cl tnb sui-prjmb
hbogjof drjsjs ibdausb sc maoy pbrscos
aog bvbo dcmpaojbs navb ibbo
gamafbg.Wnbrb wjhh hj`bhy ib a oumibr
cl dcmpaojbs sujof ctnbr dcmpaojbs
wnc ljhb sujts afajost ctnbr dcmpaojbs.
Cob sudn hawsujt jovchvbs a uojt cl
Mcrfao Ttaohby, wnjdn nas ljhbg a
irbadn-cl-dcotradt hawsujt sbb`jof at
hbast $15 mjhhjco afajost a Lrbmcot
Fbobrah Dcrp. suisjgjary.Wnb sujt was
rbhatbg tc a sbrjbs cl afrbbmbots tc pur-
dnasb rbsjgbotjah mcrtfafbs. Wnb
hawsujt, ljhbg jo lbgbrah dcurt jo Maonat-
tao, ahhbfbs Lrbmcot Jovbstmbot & Hcao
irbadnbg a sbrjbs cl wrjttbo afrbb-
mbots uogbr wnjdn Mcrfao Ttaohby
Mcrtfafb Dapjtah Jod. purdnasbg nuo-
grbgs cl rbsjgbotjah mcrtfafbs ibtwbbo
May 1, 9552, aog Gbdbmibr 9>, 955
8/9/2019 The Jere Beasley Report, Dec. 2007
22/52
YBAHBTWAWBLROGLJHBTTRJWAFAJOTWNTID
Aoctnbr typb hawsujt arjsjof cut cl tnb
suiprjmb hbogjof drjsjs jovchvbs a R.T.
rbah-bstatb luog tnat ibhjbvbs jt was vjd-
tjmjzbg. Humjobot Mcrtfafb Dapjtah Jod.,
a Tao Lraodjsdc ljrm tnat jovbsts jo rbsj-
gbotjah-mcrtfafb sbdurjtjbs, ljhbg sujt
afajost NTID Nchgjofs UHD, ahhbfjof tnat
tnb Irjtjsn iao`s R.T. mcrtfafb-tragjof
cpbratjcos tcc` agvaotafb cl tnb drjsjs
tc prcljt at tnb bxpbosb cl tnb luog.Wnb
phajotjll dcotbogs tnat tnb Obw Zcr`
clljdb cl NTID phadbg ao jmprcpbrhy
hcw vahuatjco co ojob suiprjmb-mcrt-
fafb icogs, wnjdn tnb luogs sui-
sjgjarjbs nag put up as dchhatbrah lcr
hcaos.Addcrgjof tc tnb dcmphajot,NTID
icufnt tnb icogs at a gbbp gjsdcuot tc
tnbjr lajr vahub, jo at hbast cob dasbbmphcyjof ao audtjco tnat jodhugbg cohy
cob ctnbr ijggbr.Wnb dcmphajot, ljhbg jo
R.T. Gjstrjdt Dcurt jo Obw Zcr`, sbb`s
gamafbs lcr NTIDs dyojdah usb cl tnb
rbdbot gjsarray jo tnb dapjtah mar`bts tc
ta`b agvaotafb cl jts tragjof dcuotbr-
parts.Wnb tctah ladb vahub cl tnb icogs jo
qubstjco was $97 mjhhjco.
Kust iblcrb tnb hawsujt was ljhbg,Humj-
obots stcd` prjdb nag lahhbo mcrb tnao
65% jo a tnrbb mcotn pbrjcg. Maoyiao`s aog jovbstcrs ladbg sbrjcus prci-
hbms tnjs summbr ibdausb cl trcuihbs jo
suiprjmb mcrtfafbs. Wnjs trjffbrbg a
mudn ircagbr drbgjt drjsjs. Mar`bt
prjdbs lcr maoy typbs cl sbdurjtjbs ahh
iut gjsappbarbg, lcrdjof nchgbrs cl tnb
sbdurjtjbs tc dcmb up wjtn bstjmatbs cl
tnbjr vahub. Ibdausb tncsb bstjmatbs
cltbo jovchvbg suikbdtjvb drjtbrja, tnby
hblt a frbat gbah cl rccm lcr pcssjihb
gjsputb. Ybah-bstatb jovbstmbot trusts
sudn as Humjobot navb sullbrbg, as
gblauhts co rjs`jbr mcrtfafb hcaos navb
snct up aog tnb vahub cl icogs iad`bg
iy tncsb hcaos nas ibbo jo a lrbb lahh.
Addcrgjof tc tnb dcmphajot, Humj-
obots prcihbms wjtn NTID stbm lrcm
traosadtjcos magb jo hatb Kuhy aog barhy
Aufust, jo wnjdn Humjobot suisjgjarjbs
prcvjgbg sbdurjtjbs tc tnb iao` jo
rbturo lcr hcaos. Jo sudn rbpurdnasb
gbahs, tnb icrrcwbr hatbr rbpurdnasbs
tnb sbdurjtjbs at tnb crjfjoah dcst phus
jotbrbst. J suspbdt wb wjhh ib sbbjof a
frbat gbah mcrb hawsujts hj`b tnb cob
ljhbg iy Humjobot.
Tcurdb; Vahh Ttrbbt Kcuroah
MBWYCUDT TRBTMBYYJHHHZODNC\BYYJT@ZJO\BTWMBOW
Aoctnbr bxamphb cl tnb suiprjmb
hbogjof drjsjs hjtjfatjco jovchvbs ijf dcr-
pcratb dhjbots,wnjdn ahsc hcst mcoby co
rjs`y jovbstmbots,aog arb ocw fcjof tc
tnb dcurts lcr rbhjbl. Cob cl tnbm,
MbtrcUDT Dcmmuojdatjcos Jod., a
Gahhas wjrbhbss-pncob-sbrvjdb prcvjgbr,
nas ljhbg sujt afajost Mbrrjhh Hyodn &
Dc., dnarfjof tnat Mbrrjhh irc`brs
jovbstbg $144.: mjhhjco cl jts dasn jo 15
audtjco-ra