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8/9/2019 The Jere Beasley Report, Sep. 2008
1/52
B`str`hutlb tf fvlr 27,777 suhsor`hlrs ljod mfetd
www.HljsilyJiile.ofm
_lptlmhlr 8774
8/9/2019 The Jere Beasley Report, Sep. 2008
2/528 www.HljsilyJiile.ofm
@.
OJW@RFI
FH_LX^JR@FE_
JIJHJMJ@__R@IIKFFBNFXH\_@EL__
Jijhjmj djs jkj`e hlle rlofke`zlb
js j vlry kffb pijol nfr hus`elss. J
hus`elss mjkjz`el dfefrlb Jijhjmjs
lofefm`o blvlifpmlet jot`v`ty wd`od
rljiiy sdfuibet ofml js j surpr`sl.Rdl
_futdlre Hus`elss jeb Blvlifpmlet
mjkjz`el ejmlb Jijhjmj `ts _tjtl fn
tdl Pljr nfr tdl n`ntd t`ml `e tdl ijst s`x
yljrs. Rdl mjkjz`el ofvlrs lofefm`o
blvlifpmlet `e :; stjtls jeb usls j
pf`et systlm tf bltlrm`el `ts jwjrb.
Jijhjmj djs hlle tdl _tjtl fn tdl
Pljr `e 8778, 877?, 8772, 877< jeb
efw nfr 877;. Kfvlrefr Hfh X`ily jebtdl stjtls od`ln `ebustr`ji rloru`tlr,
Elji [jbl, olilhrjtlb tdl dfefr ijst
mfetd hy v`s`t`ek ofmpje`ls `e
Duetsv`iil, H`rm`ekdjm jeb Mfet-
kfmlry.Jijhjmj jeefueolb 2;? elw
jeb lxpjeb`ek `ebustr`ls `e 877;.
Rdfsl prfclots w`ii prfbuol jt iljst
82,777 elw cfhs.
@ts kffb tf sll fur stjtl rlofke`zlb
js j iljblr `e `ebustr`ji blvlifpmlet.
Jijhjmj `s j kffb pijol tf ifojtl je
`ebustr`ji pijet jeb jisf j vlry kffbpijol nfr lx`st`ek njo`i`t`ls tf lxpjeb.
Fe j plrsfeji eftl,@ dliplb orljtl tdl
stjtls `ebustr`ji trj`e`ek prfkrjm
wdle @ wjs `e kfvlremlet wjy hjoa e
tdl ljriy :0;7s.Jeyhfby wdf `s njm`i-
`jr w`td `ebustr`ji blvlifpmlet lnnfrts
`s wlii jwjrl fn tdl Jijhjmj prfkrjm
wd`od `s rlofke`zlb js djv`ek hlle j
mjcfr njotfr `e fur stjtls suoolss `e
jttrjot`ek elw `ebustry fvlr tdl yljrs.
JIJHJMJMLB@OJ@BOFMM@__@FELX@__\L_EJR@FEJIJILXR
Jijhjmj Mlb`oj`b Ofmm`ss`felr
Ojrfi _tloali, odj`r fn tdl Lxlout`vl
Ofmm`ttll fn tdl Ejt`feji Jssfo`jt`fe
fn _tjtl Mlb`oj`b B`rlotfrs,djs `ssulb
jejt`feji jilrtmlmf tf jii stjtl Mlb-
`oj`b jkleo`ls fe tdl bruk-pr`o`ek
nrjub ojsls n`ilb `e Jijhjmj hy Jttfr-
ely Klelrji Rrfy A`ek. Ofmm`ss`felr
_tloali `s urk`ek jii fn dlr nliifw Mlb-
`oj`b b`rlotfrs tf nfiifw tdl Jijhjmj
ojsls nfr tdl`r ejt`few`bl `mpjot fe
prlsor`pt`fe bruk pr`ols.Rdl Ofmm`s-
s`felr djs jsalb dlr pllrs tf slrvl fe
j Rjsa Nfrol fe Bruk-Wr`o`ek Nrjub Wrl-
vlet`fe.Rd`s wfuib k`vl tdl stjtl Mlb-
`oj`b dljbs je fppfrtue`ty tf
offrb`ejtl tdl`r lnnfrts. Ofmm`ss`felr
_tloali hli`lvls `ts v`tjiiy `mpfrtjet
tdjt Ofekrlss jeb jii stjtl ilk`sijturls
ueblrstjeb tdl vjr`fus `ssuls Jijhjmj
`s njo`ek wdle `t ofmls tf pdjrmjolu-
t`oji pr`ols.
Rdus njr,Jijhjmjs Mlb`oj`b jkleoy
djs hlle jwjrblb $8;2 m`ii`fe `e nrjub
bjmjkls hy cur`ls `e tdrll ojsls jkj`est
bruk mjeunjoturlrs `e Mfetkfmlry
Ofuety O`rou`t Ofurt.Fur nfurtd tr`ji s
sodlbuilb nfr Fotfhlr 8;td. _`xty-l`kdt
jbb`t`feji ojsls jrl pleb`ek. [l jrl
ourrletiy elkft jt`ek w`td fvlr 8< bruk
ofmpje`ls jeb dfplnuiiy jii fn tdfsl
ojsls w`ii slttil. Ofmm`ss`felr _tloali
tfib dlr nliifw ofmm`ss`felrs tdjt fur
Jijhjmj ojsls djvl tdl strfek jot`vl
suppfrt fn tdl ejt`feji JJXW jeb `ts
TT@@@. _plo`ji Xlofke`t`fes. . . . . . . . . . . 2;
TT@ . _fml Oifs`ek Fhslrvjt`fes . . . . . .
8/9/2019 The Jere Beasley Report, Sep. 2008
3/52
www.HljsilyJiile.ofm ?
s`bl tlst`ek, wd`od w`ii hl j rlji hffst
tf ijw lenfrolmlet.Jijhjmj Blpjrt-
mlet fn Wuhi`o _jnlty B`rlotfr Ofi.
Odr`s Murpdy hli`lvls td`s w`ii djvl j
pfs`t`vl lnnlot fe ofmhjt`ek br`ea`ek
jeb br`v`ek fe Jijhjmj d`kdwjys.
_furol3 H`rm`ekdjm Elws
NFXMLX_LO HF__CF@E_JIJHJMJWXFHL
Jijhjmj `s hr`ek`ek `e dlip `e `ts
hjttil jkj`est n`ejeo`ji or`ml. Djrvly
W`tt, nfrmlr odj`rmje fn tdl \._._lour`-
t`ls jeb Lxodjekl Ofmm`ss`fe, djs
hlle jppf`etlb js j blputy jttfrely
klelrji nfr Jijhjmj.Rd`s jiifws d`m tf
jss`st tdl stjtl `e `ts `evlst`kjt`fe fn j
ofetrfvlrs`ji `evlstmlet tjot`o aefwe
js ejalb sdfrt slii`ek. Cfl Hfrk, odj`r-
mje fn tdl Jijhjmj _lour`t`ls Ofmm`s-
s`fe,wjetlb W`tt jeb ojiis d`m tdl hlstjrfuebnfr tdl cfh.
Jttfrely Klelrji Rrfy A`ek
jppf`etlb W`tt tf nfous fe j ojsl
`evfiv`ek Mfetkfmlry-hjslb Ofife`ji
HjeoKrfup, wd`od djs slle `ts sdjrls
piummlt ueblr prlssurl nrfm
`evlstfrs wdf prfn`t wdle stfoa pr`ols
njii. Rdlsl `evlstfrs prfn`t tdrfukd j
prjot`ol aefwe js sdfrt slii`ek,
wd`od `s b`sousslb `e jeftdlr pjrt fn
td`s `ssul. Hfrks fnn`ol `s `evlst kjt`ek
wdltdlr sfml fn tdfsl `evlstfrssprljb i`ls jeb mji`o`fus rumfrs `e
frblr tf mje`puijtl tdl stfoa pr`olj
sodlml fntle lmpifylb hy ejalb
sdfrt sliilrs,wdf `iilkjiiy trjbl sdjrls
tdly bf eft fwe. W`tt `s aefwe tf hl
fel fn tdl mfst aefwilbkljhil plfpil
jvj`ijhil wdle `t ofmls tf slour`t`ls
ijw.Jeb dl djs j pjrt`ouijr lxplrt`sl
fe ejalb sdfrt slii`ek, wd`od s efw j
mjcfr tjrklt fn tdl _LO, joofrb`ek tf
Hfrk. Ofife`ji djs hlle stuek hy mfrt-
kjkl ifssls jorfss `ts eltwfra fn ?27
hrjeodls e Jijhjmj, Nifr`bj, Klfrk`j,
Elvjbj jeb Rlxjs.
_furol3 Jssfo`jtlb Wrlssjeb Mfh`il Wrlss Xlk`stlr
@@.
WFI@R@OJI
FH_LX^JR@FE_
J IFFAJRRDLWXL_@BLER@JIXJOL
Rdl Xjol Dljts \p
Rdl Wrls`blet`ji rjol djs rljiiy
dljtlb up fvlr tdl pjst slvlrji wllas.
Rdl MoOj`e ojmpj`ke djs kfel tftjiiy
elkjt`vl muod ljri`lr tdje jet`o`pjtlb.
[d`il MoOj`e `s st`ii iljb`ek `e tdl
pfiis `e Jijhjmj, tdl mjrk`e `s ejrrfw-
`ek. @ prlb`ot td`s rjol w`ii klt muod
oifslr `e tdl ofm`ek wllas. @ts my
hli`ln tdjt tdl mfrl nfias sll jeb dljr
tdl rlji Cfde MoOj`e tdl ilss tdly w`ii
nlli ofmnfrtjhil vft`ek nfr d`m. Fel
td`ek tdjt djs tf ofeolre mfst Jmlr`-ojes `s tdl a`eb fn nfias ruee`ek tdl
MoOj`e ojmpj`ke.
MoOj`e djs qu`t try`ek tf d`bl tdl
njot tdjt [jsd`ektfes splo`ji `etlrlst
ifhhy`sts djvl hlle ruee`ek d`s ojm-
pj`ke jeb rj`s`ek d`s mfely. Rdl
Jr`zfej _lejtfr djs oij`mlb `e yljrs
pjst tf hl j strj`kdt-tjialr wdf
ijhlilb d`mslin j mjvlr`oa. Hut `n
MoOj`e rljiiy `s tdl nljrlb rlnfrmlr fn
hus`elss-js-usuji kfvlremlet `e fur
Ejt`fes Ojp`tfi, wdy bfls d`s prls`-
blet`ji ojmpj`ke iffa i`al tdl hjoa
jiily fn A-_trllt6 Xjtdlr tdje put tdl
d`kd-pr`olb jeb pfwlrnui splo`ji `etlr-
lst ifhhy`sts `e tdl hjoa rffms, MoOj`e
djs put tdlm `e tftji ofetrfi fn d`s
ojmpj`ke.
[dle yfu ofmh`el tdl i`als fn Ajri
Xfvl, _tlvl _odm`bt (fel fn Xfvls
jttjoa bfks),Odjri`l Hijoa,X`oa Bjv s,
Br. Wd`i Krjmm, jeb j ojbrl fn ftdlr
pfwlrnui ifhhy`sts `e tdl ruee`ek fntdl ojmpj`ke, `ts j olrtj`ety tdjt `n
MoOj`e prlvj`is `e Efvlmhlr frb`ejry
o`t`zles w`ii hl sdut fut nrfm tdl [d`tl
Dfusl feol jkj`e jeb fur kfvlremlet
w`ii ofet`eul tf hl rue hy pfwlrnui
splo`ji `etlrlst krfups.
Rfp MoOj`e Jbv`slr Kft Mfely
Nrfm _lvlrji Nfrl`ke Ofuetr`ls
Xjeby _odluelmjee, Cfde MoOj`es
od`ln nfrl`ke pfi`oy jbv`slr, `s j pr`ml
lxjmpil fn tdl a`eb fn nfias ruee`ek
tdl MoOj`e ojmpj`ke. Rdl Jr`zfej
_lejtfr jeb d`s stjnn wlrl ifhh`lb fe
20 foojs`fes `e j tdrll-yljr spje hy
td`s mje wd`il dl wjs hl`ek pj`b due-
brlbs fn tdfusjebs fn bfiijrs hy tdl
kfvlremlet fn tdl nfrmlr _fv`lt
rlpuhi`o fn Klfrk`j.Rdl pjymlets rj`sl
ltd`oji qulst`fes hlojusl fn Xjeby
_odluelmjees plrsfeji n`ejeo`ji
`etlrlsts jt j t`ml wdle dl `s jbv`s`ek
MoOj`e fe nfrl`ke pfi`oy.Js wl djvl
slle, tdl KFW ojeb`bjtl qu`oaiy sl`zlb
fe Xuss`je jkkrlss`fe `e Klfrk`j,
wd`od m`kdt cust hl j of`eo bleol,js j
ojmpj`ke `ssul.Fe Jpr`i :;td, j mfetd
jeb j djin jntlr _odluelmjee stfpplb
wfra`ek nfr Klfrk`j, d`s hus`elss
pjrtelr s`kelb j $877,777 jkrllmlet
w`td tdl Klfrk`je kfvlremlet. Rdl
blji jbblb tf je jrrjeklmlet tdjt
hrfukdt `e mfrl tdje $477,777 tf tdl
twf-mje n`rm nrfm 8772 tf m`b-877;.
Elw Pfra \e`vlrs`ty ijw prfnlssfr
_tlpdle K`iilrs slls j prfhilm jeb
mjbl td`s ofmmlet tf tdlJssfo`jtlb
Wrlss3
_odluelmjees wfra js j ifhhy-
`st pfsls vji`b qulst`fes jhfut
MoOj`es cubkmlet `e odffs`ek
sfmlfel wdfjeb wdfsl
n`rmjrl pj`b tf prfmftl tdl
`etlrlsts fn ftdlr ejt`fes. _f fel
must jsa wdltdlr MoOj`e `s
kltt`ek b`s`etlrlstlb jbv`ol, jt
iljst wdle tdl `ssuls ofeolre
tdfsl ejt`fes. @n MoOj`e wjets
jbv`ol nrfm sfmlfel wdfsl
pr`vjtl `etlrlsts js j feol jeb
nuturl ifhhy`st mjy jnnlot tdl
fhclot`v ty fn tdl jbv`ol, tdjts d`s
odf`ol tf mjal.
@etlrlst`ekiy, Klfrk j `set tdl feiy
nfrl`ke kfvlremlet d`r`ek _odluel-
mjee. Dl djs hlle j h`k t`ml ifhhy`st
w`td je jrrjy fn oi`lets `eoiub`ek j
eumhlr fn nfrl`ke ofuetr`ls. Nfr
lxjmpil, d`s n`rm ifhh`lb MoOj`es
fnn`ol fe nfur h`iis jeb rlsfiut`fes
rlkjrb`ek Klfrk`j,w`td MoOj`e js j of-
spfesfr fr suppfrtlr fn jii fn tdlm. @e
8/9/2019 The Jere Beasley Report, Sep. 2008
4/522 www.HljsilyJiile.ofm
jbb`t`fe tf tdl 20 ofetjots w`td MoOj`e
fr d`s stjnn rlkjrb`ek Klfrk`j, tdl Jssfo`-
jtlb Wrlss sjys _odluelmjees n`rm
ifhh`lb tdl slejtfr fr d`s j`bls fe jt
iljst 2; foojs`fes s`eol 877: fe hldjin
fn tdl kfvlremlets fn Rj`wje jeb Mjol-
bfe`j, wd`od ljod pj`b _odluelmjee
jeb d`s pjrtelr M`al M`todlii fvlr djin j
m`ii`fe bfiijrs1 Xfmje`j, wd`od pj`b
fvlr $277,7771 jeb Ijtv`j, wd`od pj`b
eljriy $8
8/9/2019 The Jere Beasley Report, Sep. 2008
5/52
www.HljsilyJiile.ofm www.HljsilyJiile.ofm
lb`tfrs urklb tdl Cust`ols tf hl salpt`-
oji jhfut tdl NBJ. @e tdl hr`ln tdl
bfotfrs sj`b3
Rdl NBJ jifel s`mpiy ijoas tdl
jh`i`ty tf slrvl js tdl sfil kujrje-
tfr fn bruk sjnlty.[`tdfut tdl b`s-
ofvlr`ls brlbklb up hy pij`et`nns
ijwylrs tdrfukd i`jh`i`ty i`t`kj-
t`fe, tdl NBJ wfuib hl str`pplb fnje lsslet`ji sfurol fn `enfrmj-
t`fe tdjt tdl jkleoy djs ofes`s-
tletiy rli`lb fe wdle mja`ek `ts
rlkuijtfry blo`s`fes, jeb tdl
Jmlr`oje puhi`o wfuib hl
blpr`vlb fn j v`tji bltlrrlet
jkj`est pdjrmjolut`oji ofmpjey
m`sofebuot.
Rdl mlb`oji lb`tfrs cf`elb 2; stjtl
jttfrelys klelrji jeb twf nfrmlr NBJ
ofmm`ss`felrsBjv`b Alssilr jebBfejib Aleelby`e suppfrt`ek tdl
Wij`et`nns pfs`t`fe fe jpplji.Rdl ojsl
`s hl`ek oifsliy wjtodlb hlojusl
ljri`lr td`s yljr tdl _uprlml Ofurt
ruilb tdjt mjeunjoturlrs fn NBJ-
jpprfvlb mlb`oji blv`ols wlrl
sd`liblb nrfm i`t`kjt`fe `e stjtl ofurts.
Dfwlvlr, tdjt ojsl `s qu`tl b`nnlrlet
hlojusl Ofekrlss djb spfale tf tdl
prl-lmpt`fe `ssul w`td rlsplot tf
mlb`oji blv`ols.Rdjts eft tdl ojsl `e
[yltd v. Ilv`el.Rdl stjtutl tdjt jppi`ls tf mlb`oji
blv`ols `s b`nnlrlet nrfm tdl ijw tdjt
kfvlres mlb`ojt`fes. Rdl ijw `e tdl
mlb`oji blv`ols ojsl djb j prl-
lmpt`fe prfv`s`fe.Ofekrlss djs elvlr
put j prl-lmpt`fe prfv`s`fe `e tdl
Nffb jeb Bruk Jot. Br. Clnnrly M.
Brjzle, tdl Cfureji lb`tfr, sj`b `e je
`etlrv`lw w`td tdl Jssfo`jtlb Wrlss
tdjt dl dfplb jrkumlets fvlr ilkji b`s-
t`eot`fes wfuib eft fhsourl tdl rlji`ty
tdjt tdl NBJ `s fvlrwdlimlb try`ek tfallp up w`td bruk sjnlty prfhilms,
wd`od oje rjekl nrfm rjrl hut slr`fus
s`bl lnnlots, tf sdfrtofm`eks `e mjeu-
njotur`ek pijets js njr jwjy js Od`ej.@e
td`s rlkjrb,Br.Brjzle jptiy stjtlb3
Lvle `n tdl NBJ `s bf`ek tdl hlst
`t oje, `t s`mpiy ojet sll tdl
nuturl oiljriy lefukd tf prl-lmpt
mjeunjoturlrs nrfm i`t`kjt`fe.
Rdl (ofurt) systlm rlprlslets fel
fn tdl aly blnlesl mlodje`sms
tdjt `eb`v`bujis djvl `n j mjeu-
njoturlr djs eft mjbl tdl r`sas fn
j prfbuot oiljr tf tdl puhi`o.
@e my fp`e`fe, tdlsl bfotfrs rlprl-
slet tdl v`lws fn mfst Jmlr`ojes wdf
jrl aefwilbkljhil jhfut nlblrji prl-lmpt`fe jeb dfw `t w`ii jnnlot plfpil.
@n tdl Ofurt ruils nfr tdl bruk ofmpjey
fe td`s jet`-ofesumlr `ssul, `t w`ii hl
tdl wfrst pfss`hil td`ek nfr tdl dljitd
jeb wlinjrl fn tdl puhi`o.[`tdfut je
fple ofurt systlm,tdl bruk ofmpje`ls
w`ii djvl ef nljr fn putt`ek j prfbuot
aefwe tf hl bjeklrfus jeb uesjnl fe
tdl mjralt.
_furol3 Jssfo`jtlb Wrlss
OJEB@BJRLNFXRDLJIJHJMJ_\WXLMLOF\XROJII_NFXJWWF@ERLBC\B@O@JXP
Blhfrjd Hlii Wjslur, tdl Blmforjt`o
ojeb`bjtl nfr tdl Jijhjmj _uprlml
Ofurt, njvfrs jppf`et`ek cubkls jeb
iltt`ek vftlrs blo`bl `n tdly sdfuib hl
rltj`elb.Rdl Nifrleol cubkl tfib tdl
H`rm`ekdjm odjptlr fn Rdl Nlblrji`st
_fo`lty tdjt tdl ourrlet systlm fn pjrt`-
sje pfi`t`os djs ilb tf cub`o`ji rjols tdjt
jrl tff ejsty jeb lxples`vl.Rdjt, sdlsj`b, djs ofetr`hutlb tf tdl puhi`o plr-
olpt`fe tdjt cust`ol s nfr sjil.Rdl suk-
klstlb odjekl wfuib jiifw jppliijtl
cubkls tf hl odfsle hjslb fe tdl`r
quji`n`ojt`fes. Fn ofursl, Jijhjm`jes
wfuib eft ifsl tdl`r r`kdt tf vftl
hlojusl tdly wfuib blo`bl ljod tlrm
wdltdlr tdl cubkl sdfuib allp tdl cfh,
sdl sj`b.
Cubkl Wjslur, tdl n`rst wfmje tf prjo-
t`ol ijw jeb tf hlofml j cubkl `e Ijub-
lrbjil Ofuety, sj`b sdl wfuib hr`ek tftdl _uprlml Ofurt tdl sjml wfra
ltd`o jeb cub`o`ji pd`ifsfpdy sdl
sdfwlb `e dlr 8; yljrs fe tdl hleod.
Joofrb`ek tf Cubkl Wjslur, dlr ofurt,
wd`od djebilb hftd or`m`eji jeb o`v`i
ojsls, djb fel fn tdl stjtls ijrklst
ojslifjbs jeb d`kdlst b`spfs`t`fe rjtls.
Cubkl Wjslur wjs rl-lilotlb nfur t`mls
w`tdfut fppfs`t`fe wd`od sdfws dlr
rlputjt`fe js j cubkl wdf nj`riy jppi`lb
tdl ijw tf tdl njots fn ojsls jeb b`b eft
nfiifw jey jklebjs.Rdjts kffb tf dljr
jeb @ hli`lvl tdjt tdl plfpil fn
Jijhjmj w`ii jkrll.
_furol3 H`rm`ekdjm Elws
_LOXLR_LRRILMLER_FNIJ[_\@R_
_DF\IBHLWXFD@H@RLBLTOLWR@ELTOLWR@FEJIOJ_L_
Js @ djvl wr`ttle `e pr`fr `ssuls fn
tdl Xlpfrt, @ jm jkj`est tdl ofen`ble-
t`ji slttilmlets fn ijwsu`ts. \enfrtu-
ejtliy, `e jii tff mjey ojsls,v`ot`ms fn
ofrpfrjtl wrfekbf`ek djvl tf jkrll tf
ofen`blet`ji`ty wdle tdly slttil tdl`r
ojsls. Rdjt `s hlojusl v`ot ms hjbiy
ellb tdl slttilmlet nuebs `e mfst
lvlry `estjeol jeb djvl tf joolpt tdl
ofeb`t`fe fn ofen`blet`ji`ty tdjt `sjttjodlb tf slttilmlet fnnlrs hy blnle-
bjets. @e mfst stjtls, slttilmlets `e
stjtl jeb nlblrji ofurts jrl jiifwlb tf
hl alpt slorlt qu`tl fntle. Ofrpfrjtl
blnlebjets slla jeb klt ofen`blet`ji`ty,
kjk frblrs jeb sljilb rlofrbs wdle
tdly slttil ojsls.Hut `e _futd Ojrfi`ej,
tdjeas tf nlblrji Cubkl Cfl Jeblrsfe
jeb _tjtl _uprlml Ofurt Od`ln Cust`ol
Clje Rfjiwdf jrl jbvfojtls nfr ofurt
fpleelssslttilmlet rlofrbs e ojsls
`evfiv`ek puhi`o sjnlty `ssuls djvlhlle fple nfr slvlrji yljrs. _futd Ojr-
fi`ej djs hlle j iljblr nfr fpleelss
jeb tdjts kffb. Dfplnuiiy, tdl rlst fn
tdl ejt`fe w`ii sffe nfiifw `ts iljb.
J h`ii `s pleb`ek `e tdl \._. Dfusl fn
Xlprlsletjt`vls tdjt wfuib prfd`h`t
nlblrji ofurts nrfm slji`ek slttilmlets
`e mjttlrs fn puhi`o `etlrlst. Cubkl
Jeblrsfe wlet tf [jsd`ektfe ijst
mfetd tf tlst`ny hlnfrl j Dfusl suh-
ofmm`ttll fe tdl v`rtuls fn fpleelss.
Rdl h`ii tdjt djs hlle `etrfbuolbwfuib rlqu`rl nlblrji ofurts `e jii
stjtls tf hl js fple js tdfsl `e _futd
Ojrfi`ej. Cubkl Jeblrsfe tfib tdl suh-
ofmm`ttll3
@ aelw fn j cubkl wdf rlstr`otlb
joolss tf ojsl `enfrmjt`fe wdlrl
j od`ib b`lb wd`il r`b`ek je
jiilklbiy blnlot`vl kf-ajrt.Rdl slt-
8/9/2019 The Jere Beasley Report, Sep. 2008
7/52
tilmlet wjs $:.2 m`ii`fe, jeb tdl
cubkl `mpfslb j str`ot fhi`kjt`fe
fn slorloy fe tdl pjrt`ls. @ ijtlr
iljrelb tdjt tdl mfbli kf-ajrt
wd`od tdl od`ib djb hlle r`b`ek
wjs st`ii hl`ek sfib jeb mjraltlb.
Oi`lets djvl tdl n`eji sjy-sf fe
wdltdlr tf jkrll tf ofen`blet`ji`ty
wdle fnnlrs fn slttilmlet djvl tdjtofeb`t`fe jttjodlb tf `t. Ijwylrs
wdfsl n`rst fhi`kjt`fe `s tf sll tdjt
tdl`r oi`lets klt nj`r slttilmletsdjvl
tf jkrll tf allp tdl jmfuet fn tdl slt-
tilmlet slorlt `n tdl`r oi`let jkrlls sf
tdjt tdl`r ojsl oje hl slttilb. @e suod
ojsls, oi`lets jeb tdl`r ijwylrs jkrll
elvlr tf rlvlji dfw muod tdly
rlol`vlb `e tdl slttilmlet. @e jbb`t`fe,
tdl blnlebjets jttlmpt tf klt tftji ofe-
n`blet`ji`ty, `evfiv`ek mjttlrs ftdlr
tdje jmfuets tf hl pj`b, `e mjeyojsls.[dle tdjt djpples tdl puhi`os
r`kdt tf aefw cust dfw bjeklrfus j
prfbuot m`kdt hl `s d`bble jeb alpt
slorlt. @e _futd Ojrfi`ej, cubkls djvl
stlpplb `e tf prftlot tdl puhi`os r`kdt
tf aefw.J h`ii s`m`ijr tf tdl Dfusl h`ii
`s `e tdl _lejtl Cub`o`jry Ofmm`ttll
jeb `s of-spfesfrlb hy _lejtfr I`ebsly
Krjdjm.Hftd h`iis, ojiilb _uesd`el `e
I`t`kjt`fe jots, wfuib prfd`h`t nlblrji
ofurts nrfm slji`ek slttilmlets `e
mjttlrs fn puhi o `etlrlst.
_`eol `ts ijtl `e Ofekrlss slss`fe,
el`tdlr tdl Dfusl h`ii efr tdl _lejtl
h`ii `s lxplotlb tf pjss td`s yljr. Dfpl-
nuiiy, tdl h`iis w`ii hl j tfp pr`fr`ty
wdle j elw Wrls`blet jeb Ofekrlss
jrl lilotlb `e Efvlmhlr jeb tjal
fnn`ol elxt yljr. Rdl puhi`o djs tdl
r`kdt tf aefw wdle j prfbuot `s
blnlot`vl jeb `s st`ii fe tdl mjralt.
Wlfpil jisf djvl j r`kdt tf aefw
wdle j ofrpfrjt`fe djs ofmm`ttlb
nrjubuilet jots `e tdl pjst w`td tdl
ofebuot ofet`eu`ek.
_furol3 Rdl _tjtl.ofm
C\BKLOFXXLORIP\E_LJI_LTTFEFW@E@FE
J nlblrji tr`ji ofurt cubkl `e [jsd`ek-
tfe,B.O. djs uesljilb j prlv`fus rui`ek
`e j o`v`i ijwsu`t jkj`est Lxxfe Mfh i
F`i @ebfels`j. @e tdl su`t, :: @ebfel-
s`je v`iijklrs jiilklb tdjt tdl f`i k`jet
ofet`eulb tf jrm sfib`lrs kujrb`ek
tdl`r njo`i`t`ls lvle tdfukd `t aelw tdjt
tdl sfib`lrs tfrturlb jeb a`iilb v`iijklrs
`e 8777. Lxxfe djb prlv`fusiy mfvlb
tf b`sm`ss tdl su`t nfr ijoa fn plrsfeji
cur`sb`ot`fe. [dle tdjt mft`fe wjs
ble`lb, Cubkl Ifu`s N. Fhlrbfrnlr kjvl
tdl pjrt`ls tdl fppfrtue`ty tf mfvl tf
slji tdl mlmfrjebum joofmpjey`ek
tdjt frblr. Lxxfe jrkulb tdjt pfrt`fes
fn tdl mlmfrjebum tdjt rlnlrleolb
bfoumlets jirljby ueblr slji sdfuib
djvl hlle lb`tlb fut fn tdl bfoumlet.
Cubkl Fhlrbfrnlr, jppiy`ek j s`x-pjrt
hjijeo`ek tlst, nfueb tdjt Lxxfe ofuib
eft fvlrofml tdl strfek prlsumpt`fe
`e njvfr fn puhi`o joolss tf cub`o`ji
rlofrbs jeb bfoumlets. Rdl cubkl
eftlb tdjt rlnlrleols `e tdl mlmfrje-
bum b`b eft ofeolre tdl splo n`o r`sas
tdjt ilb d`m tf slji tdl bfoumlets `e
tdl n`rst pijol jeb b`b eft ofeolre tdl
typls fn `enfrmjt`fe usujiiy suhclot tf
slji suod js trjbl slorlts, tdl pr`vjoy
jeb rlputjt fe fn v`ot`ms fn or`mls,fr
r`sas tf ejt`feji slour`ty `etlrlsts.Rd`s
wjs j vlry kffb rui`ek jeb dfplnuiiy
`ts j s`ke fn mfrl fn tdl sjml tf ofml
nrfm tdl ofurts `e tdl nuturl.
_furol3 Jssfo`jtlb Wrlss
RDLHJRRILF LXRDLX@KDRRF_\LXJ@IXFJB_OFER@E\L_
J ifek-ruee`ek hjttil hltwlle Ojej-
b`je Wjo`n`o Xj`iwjy Itb.jeb tdl v`ot`ms
fn j mjcfr tfx`o trj`e blrj`imlet `e
Efrtd Bjaftj turelb `e njvfr fn tdl
v`ot`ms rloletiy wdle j nlblrji jppli-
ijtl ofurt updlib tdl ofest`tut`feji`ty
fn Ofekrlsslnnfrt tf jiifw tdl su`ts hy
v`ot`ms tf prfollb `e stjtl ofurts.Rdl
rj`irfjb efw wjets tdl ofurt tf rldljr
tdl blo`s`fe. Rdl jppljis ofurt ruilb
tdjt tdlrl `s ef nlblrji-qulst fe cur`s-
b`ot`fejeb tdjt tdl stjtutl `s ofest`tu-
t`feji.Rd`s mljes tdl ojsl `s slet hjoa
tf stjtl ofurts.
Rdl i`t`kjt`fe `evfivls j 8778 blrj`i-
mlet fn ?: ojrs fn j Ojejb`je Wjo`n`o
nrl`kdt trj`e.Rdl blrj`imlet, sf v`filet
tdjt fel ojr nilw tdl ilektd fn j nffthjii
n`lib, rliljslb mfrl tdje 887,777
kjiifes fn jedybrfus jmmfe`j `etf tdl
j`r.Rd`s lxpfslb tdl jrljs pfpuijt`fe tf
j oifub fn tfx`o kjs. Js j rlsuit, fel
plrsfe b`lb, :: plfpil sustj`elb
slr`fus `ecur`ls jeb ?88 plfpil sus-
tj`elb mjcfr ecur`ls.^`ot`ms n`ilb j oijss
jot`fe `e nlblrji ofurt js wlii js `eb`v`b-
uji su`ts `e stjtl ofurts. Mjey fn tdl
stjtl ofurt ijwsu`ts wlrl rlmfvlb tf
nlblrji ofurt hy tdl rj`irfjb.Rdl nlblrji
b`str`ot ofurt, jeb tdle tdl L`kdtd
O`rou`t fe tdl n`rst jpplji,dlib tdjt tdl
Nlblrji Xj`irfjb _jnlty Jot (NX_J) prl-
lmptlb tdl stjtl su`ts.Djb tdfsl rui`eks
stffb, tdl pij`et`nns wfuib djvl hlle
ilnt w`tdfut j rlmlby s`eol tdl Jot
b`bet orljtl j nlblrji ojusl fn jot`fe.
@e 877;, wd`il j slofeb jpplji wjs
pleb`ek, Ofekrlss jmleblb tdl NX_J
tf oijr`ny tdjt `t b`b eft prllmpt stjtl
ijw jot`fes wdle j rj`irfjb djs nj`ilb
tf ofmpiy w`td nlblrji fr stjtl stje-
bjrbs.Rdl jmlebmlet wjs rltrfjot`vl
tf tdl bjtl fn tdl Efrtd Bjaftj blrj`i-
mlet.Fe tdl slofeb jpplji,Ojejb`je
Wjo`n`o odjiileklb tdl jmlebmlets
ofest`tut`feji`ty,jrku`ek tdjt `t v`fijtlb
slpjrjt`fe fn pfwlrs, bul prfolss,
lquji prftlot`fe jeb tdl lx pfst njotf
oijusl.Rdl \e`tlb _tjtls `etlrvlelb tf
blnleb tdl ijw, jeb :? stjtls n`ilb jejm`ous hr`ln suppfrt`ek tdl ijw jeb
tdl v`ot`ms.J tdrll-cubkl pjeli fn tdl
L`kdtd O`rou`t,vft`ek 8-:, rlclotlb jii fn
tdl rj`irfjbs jrkumlets. Rdl ofurts
mjcfr`ty fp`e`fe rljbs3
Ofetrjry tf OWs oij`m tdjt tdl
jmlebmlet sllas tf `mpfsl
uei`m`tlb i`jh`i`ty Qupfe OW] nfr
tdl M`eft blrj`imlet ojsl, tdl
jmlebmlet mlrliy k`vls `ecurlb
pjrt`ls tdl odjeol tf slla rlofv-
lry jkj`est rj`irfjbs. ^`ot`ms fn
rj`irfjb joo`blets must st`ii prfvl
tdl`r ojsls e ofurt.
Hlnfrl tdl jmlebmlet, Cubkl Alrm`t
L. Hyl, wdf wrftl tdl fp`e`fe,sj`b tdl
Jot djb hlle `etlrprltlb tf bley
`ecurlb plrsfes tdl mlrl odjeol tf
dfib j rj`irfjb joofuetjhil wdle `ts
elki`kleol v`fijtlb stjtl jeb nlblrji
www.HljsilyJiile.ofm ;
8/9/2019 The Jere Beasley Report, Sep. 2008
8/524 www.HljsilyJiile.ofm
ijws jeb rlkuijt`fes `etleblb tf
nurtdlr rj`irfjb sjnlty.@t wjs rjt`feji
nfr Ofekrlss tf oijr`ny td`s rlsuit wjs
eft je `etleblb purpfsl fn tdl Jot,
Cubkl Hyl wrftl nfr tdl mjcfr`ty. Ojej-
b`je Wjo`n`o djs slttilb mjey fn tdl
oij`ms, hut tdlrl jrl mfrl tdje :77
oij`mjets w`td pleb`ek ijwsu`ts.Rdl
NX_Js stjtlb purpfsl `s rj`irfjb sjnlty
jeb tdl L`kdtd O`rou`t wjs ofrrlot `e
`ts rui`ek updfib`ek tdl ijw.Rd`s wjs j
mjcfr v`otfry nfr v`ot`ms jeb nfr rj`i-
rfjb sjnlty.
_furol3 Ejt`feji Ijw Cfureji
J [FXALX_ OFMWLE_JR@FEOJ_LRDJROJMLF\RX@KDR
\eilss tdly jrl njm`i`jr w`td tdl
systlm, nlw plfpil rlji`zl tdjt
Jijhjmjs [fralrsOfmplesjt`fe ijwsjrl t`itlb tfwjrb tdl lmpifylr jeb jrl
ofes`blrlb tf hl vlry muod prf-hus`-
elss jeb vlry muod jet`-wfralr. Ojsls
nfr `ecurlb wfralrs oje hl vlry b`nn -
ouit nfr tdl ijwylrs wdf djebil tdlsl
ojsls.My djt `s fnn tf tdfsl ijwylrs nfr
tdl`r w`ii`ekelss tf dlip wfralrs jt j
t`ml wdle tdly rljiiy ellb dlip. @ts j
d`kdiy splo`ji`zlb n`lib jeb ijwylrs
wdf bf tdjt typl wfra must hl d`kdiy
sa`iilb jeb w`ii`ek tf njol sfml tfukd
ijws wdle rlprlslet`ek tdl`r oi`lets.Fel suod ojsl `evfivlb je lmpifyll
ejmlb Rdfmjs _`ekiltfe. Fe j bjtl `e
877?,Rdfmjs _`ekiltfe ojiilb `e s`oa
tf wfra. Dl tfib d`s suplrv`sfr tdjt
dl durt d`s hjoa tdl bjy hlnfrl wd`il
lmpty`ek tdl trjsd oje. Fel fn d`s cfh
but`ls jt wfra wjs tf lmpty j n`nty-n`vl
kjiife trjsd oje jt tdl leb fn d`s sd`nt.
Rdl lmpifyll wjs uejhil tf rlture tf
wfra hlojusl fn d`s hjoa `ecury, sf dl
n`ilb nfr wfralrs ofmplesjt`fe hlel-
n`ts. Rdl tr`ji ofurt jwjrblb nuii plr-
mjelet tftji b`sjh`i`ty hleln ts. D`s
lmpifylr, A`vj Buels, jppljilb tdl
jwjrb. A`vj Buels oij`mlb tdjt tdl
pdfel ojii b`b eft prfv`bl jblqujtl
eft`ol tdjt tdl `ecury wjs wfra-rlijtlb.
\eblr Jijhjmj ijw, je `ecurlb
lmpifyll djs e`elty bjys tf `enfrm d`s
fr dlr lmpifylr fn j wfra-rlijtlb
`ecury. @n tdl lmpifyll nj is tf bf sf,
ofvlrjkl oje hl ble`lb. Rdl Ofurt
fn O`v`i Jppljis s`blb w`td A`vj Buels
jeb rlvlrslb tdl tr`ji ofurts rui`ek.
Mr. _`ekiltfe tdle n`ilb j plt`t`fe tf
tdl _uprlml Ofurt fn Jijhjmj. Rdjt
Ofurt s`blb w`td tdl tr`ji ofurt jeb
rlvlrslb tdl ofurt fn jppljisblo`s`fe.
Rdl Ofurt dlib tdjt Mr. _`ekiltfes
stjtlmlet bur`ek tdl Efvlmhlr :7,
877? tlilpdfel ojii tf d`s suplrv`sfr
tdjt dl djb `ecurlb d`s hjoa wd`il
lmpty`ek tdl trjsd ojewjs jblqujtl
eft`ol nfr j rljsfejhil plrsfe tf aefw
tdjt d`s `ecury wjs wfra-rlijtlb. D`s
lmpifylr aelw tdjt Mr. _`ekiltfe
lmpt`lb tdl n`nty-n`vl kjiife trjsd oje jt
tdl leb fn tdl bjy js fel fn d`s cfh
rlqu`rlmlets. Ofmmfe slesl wfuib
tlii j rljsfejhil plrsfe tdjt td`s stjtl-
mlet sjt`sn`ls tdl e`elty bjy eft`ol
rlqu`rlmlet. @ts kffb tf sll tdl
Ofurt bf`ek tdl r`kdt td`ek `e j
wfralrs ojsl. Rdjeanuiiy, tdl Cust`ols
ruilb `e njvfr fn tdl `ecurlb wfralr
`estljb fn prftlot`ek je `esurjeol
ojrr`lr.Rdjts j vlry kffb s`ke!
.
RDL EJR@FEJI
_OLEL
_FMLB@_R\XH@EKE\MHLX_NXFMRDL[D@RLDF\_L
Rdl hubklt bln`o`t nfrlojst nrfm tdl
Husd [d`tl Dfusljimfst j djin tr`i-
i`fe bfiijrs nfr elxt yljrdjs slt j
elw rlofrb jeb tdjt `s mfst b`sturh`ek.
[l djvl slle je lofefmy kf nrfm
dljitdy surpiusls tf rlofrb bln`o`ts
ueblr Wrls`blet Husds rl`ke.Rdl \. _.
bfiijr `s jt j rlofrb ifw js j rlsuit fn
td`s jbm`e`strjt`fes n`soji `rrlspfes`h`i-`ty.Js wl jpprfjod tdl njii fn tdl yljr,
wl n`eb fur ofuetry `e j rlolss`fe
wd`od `s krfw`ek wfrsl wlla-tf-wlla.
Nfr sfml rljsfe tdl prfclotlb bln`o`t
hy tdl [d`tl Dfusl bflset eoiubl tdl
spleb`ek fe tdl wjrs `e @rjk jeb
Jnkdje`stje wd`od jrl ofst`ek mfrl
tdje $< h`ii`fe plr wlla.
@ts sjb tf sjy, hut wl jrl hlofm`ek j
ejt`fe tdjt `s kltt`ek bllplr jeb
bllplr `e blht w`td fur orlb`tfrs
`eoiub`ek nfrl`ke ofuetr`ls suod js
Od`ej. Fur ejt`feji blhtwd`od djs
bfuhilb bur`ek tdl Husd yljrs`s efw
jimfst $> tr`ii`fe.Rd`s mljes wl jrl
pjy`ek fvlr $8.Mfrl w`ii hl sj`b fe tdjt ijtlr.
Rdl i`st fn tdl splo`n`o ofmpje`ls
ofmls nrfm j Nlhrujry 8774 \._.
Blpjrtmlet fn @etlr`fr mlmf rloletiy
fhtj`elb hy Wuhi`o O`t`zle. Nfur fn tdl
82 ofmpje`ls (HW, Mjrjtdfe, _dlii jeb
[jitlr F`i & Kjs) s`kelb vfiuetjry
jkrllmlets tf pjy rfyjit`ls kf`ek
nfrwjrb,hut tdly w`ii eft hl rlqu`rlb
tf pjy tdl mfrl tdje $877 m`ii`fe tjx-
pjylrs djvl hlle ble`lb fe prfbuo-
t`fe tdjt jirljby djs foourrlb.
Rdl \._. _lejtl `s ourrletiy ofes`blr-
`ek jmlebmlets tf tdl _tfp Lxolss`vl
Lelrky _plouijt`fe Jot fn 8774 (_.
?8>4) tdjt wfuib rlplji tdl Ofekrls-
s`feji hje fe fnnsdfrl br`ii`ek.Rdl \._.
Dfusl fn Xlprlsletjt`vls `s jisf ofes`b-
lr`ek mljsurls `e tdl Bllp Folje
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www.HljsilyJiile.ofm 0
Lelrky Xlsfurols Jot fn 8774 (D.X.
>:74) tdjt wfuib fple up tdl FO_ tf
elw br ii`ek. Dfwlvlr, `ts ofeolblb
tdjt jiifw`ek elw br`ii`ek `e tdlsl jrljs
w`ii eft s`ke`n`ojetiy ifwlr kjsfi`el
pr`ols.Joofrb`ek tf j \._.Blpjrtmlet
fn Lelrky rlpfrt, fple`ek jii jrljs fnn
tdl ofjsts fn tdl Jtijet`o,Wjo`n`o jeb tdl
Kuin fn Mlx`of tf elw br`ii`ek wfuib
eft djvl j s`ke`n`ojet `mpjot fe bfmls-
t`o orubl f`i jeb ejturji kjs prfbuot`fe
fr pr`ols hlnfrl 87?7.
Elw jrljs wlrl fplelb nfr br`ii`ek
`e Blolmhlr 877>, wdle Ofekrlss
pjsslb tdl Kuin fn Mlx`of Lelrky _lou-
r`ty Jot (Wuhi`o Ijw :70-2?8), wd`od
jutdfr`zlb iljs`ek 4.? m`ii`fe jorls `e
tdl Kuin fn Mlx`of, ;7% fn wd`od djb
hlle prlv`fusiy prftlotlb ueblr Ofe-
krlss`feji mfrjtfr`j. @t sdfuib jisf hl
eftlb tdjt jey f`i fr kjs tdjt `s prf-
buolb `s j ofmmfb`ty tdjt w`ii kf tf
tdl d`kdlst h`bblr jeb tdjt ofuib wlii
hl Od`ej fr sfml ftdlr nfrl`ke
ofuetry.Rdlrl `s olrtj`eiy ef kujrjetll
`t w`ii stjy `e tdl \._.
@t `s `rrlspfes`hil tf jiifw ofmpje`ls
tdjt lsojplb tdl pjymlet fn pftlet`jiiy
mfrl tdje $>7 h`ii`fe `e rfyjit`ls
hlojusl fn j iffpdfil tf klt joolss tf
mfrl iljsls.Rdlrl `s ilk`sijt`vl prlol-
blet tf nfrol ofmpje`ls tf pjy tdl`r
nj`r sdjrl.Rdl Dfusl pjsslb j mljsurl`e Cjeujry 877; tdjt wfuib nfrh`b f`i
ofmpje`ls nrfm hl`ek jwjrblb jey
elw iljsls ueilss tdly rlelkft`jtl efe-
rfyjity iljsls nrfm :004 jeb :000.
Wrls`blet Husd fppfslb td`s pjrt fn tdl
ilk`sijt`fe, jeb tdl _lejtl djs ylt tf
jbfpt `t. Fn \.O.-prfbuolb f`i, ?:% fn
tdjt prfbuot`fe ofmls nrfm ijeb
fwelb hy tdl nlblrji kfvlremlet.
@t sdfuib eft ofml js j surpr`sl tdjt
muod fn tdl `mpltus nfr fple`ek tdl
FO_ ofmls nrfm je lxples`vl jbvlrt`s-`ek ojmpj`ke n`ejeolb hy Nfrmlr
Dfusl _pljalr Elwt K`ekr`ods Jmlr`-
oje _fiut`fes nfr [`ee`ek tdl Nuturl.
[dle K`ekr`od wjs _pljalr, Ofekrlss
pjsslb tdl Bllp [jtlr Xfyjity Xli`ln
Jot fn :00 jeb ouim`-
ejtlb w`td Kfezjils rls`kejt`fe ueblr
n`rl js Jttfrely Klelrji ijst _lptlmhlr.
Rdl :27-pjkl rlpfrt bfls eft `eb`ojtl
wdltdlr Kffbi`ek fr ftdlrs `evfivlb
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10/52:7 www.HljsilyJiile.ofm
ofuib njol jey odjrkls.
Efel fn tdfsl `evfivlb `e tdl b`s-
or`m`ejtfry d`r`ek st`ii wfra jt tdl
Cust`ol Blpjrtmlet, mlje`ek tdly w`ii
jvf`b jey blpjrtmletji plejit`ls.Lvle
tdfukd or`mls wlrl ofmm`ttlb,
efhfby w`ii hl odjrklb jeb tdjts
uenfrtuejtl.Kffbi`ek, j nfrmlr Xlpuh-
i`oje Ejt`feji Ofmm`ttll rlsljrodlr
w`td i`ttil lxplr`leol js j prfsloutfr,
jbm`ttlb `e Dfusl Cub`o`jry Ofmm`ttll
tlst`mfey ijst yljr tdjt sdl orfsslb
tdl i`els wd`il d`r`ek Cust`ol Blpjrt-
mlet ojrllr lmpifylls. _dl rlol`vlb
`mmue`ty nfr dlr tlst`mfey, mlje`ek
sdl ojet hl prfsloutlb ueilss `t oje
hl prfvlb tdjt sdl i`lb wd`il ueblr
fjtd. Elvlrtdlilss, td`s sjb lp`sfbl `s
jppjrletiy typ`oji fn dfw tdl Cust`ol
Blpjrtmlet fplrjtlb bur`ek tdl Husd-
Odlely-Xfvl yljrs.Rdl ourrlet Jttfr-
ely Klelrji djs jirljby jeefueolb
tdjt eftd`ek nurtdlr w`ii hl bfel hy
tdl Cust`ol Blpjrtmlet jeb tdjt tdlrl
w`ii hl ef prfslout`fes.Rdjt rljiiy `set
tff surpr`s`ek ofes`blr`ek wdf
jppf`etlb d`m.
_furol3 Jssfo`jtlb Wrlss
\._. _LRRIL_[@RDI@HPJFERLXXFX-XLIJRLBIJ[_\@R_
I`hyj jeb tdl \e`tlb _tjtls djvlslttilb jii futstjeb`ek ijwsu`ts hy
Jmlr`oje v`ot`ms fn tlrrfr`sm, oiljr`ek
tdl wjy nfr tdl nuii rlstfrjt`fe fn b`pif-
mjt`o rlijt`fes hltwlle tdl twf ofue-
tr`ls.Rdlrl wlrl 8> pleb`ek ijwsu`ts
n`ilb hy Jmlr`oje o`t`zles jkj`est I`hyj
nfr tdl :044 hfmh`ek fn Wje Jm Ni`kdt
:7? fvlr Ifoalrh`l,_oftijeb,jeb ftdlr
jttjoas.Rdlrl wlrl jisf tdrll futstjeb-
`ek ijwsu`ts n`ilb hy I`hyje o`t`zles nfr
\._. j`rstr`als fe Rr`pfi` jeb Hlekdjz`
`e :04> tdjt I`hyjes sjy a`iilb 2:
plfpil, `eoiub`ek iljblr Mfjmmjr
Kjbdjn`s jbfptlb bjukdtlr.
Rdl slttilmlet rljodlb ijst mfetd
ofmpiltls j eljriy n`vl-yljr lnnfrt tf
rlhu`ib t`ls hltwlle tdl twf ofuetr`ls.
Rdl jkrllmlet w`ii hl nfiifwlb hy j
\._. upkrjb`ek fn rlijt`fes w`td I`hyj
`eoiub`ek tdl fple`ek fn je lmhjssy `e
Rr`pfi , tdl ofen`rmjt`fe fn j \._.
jmhjssjbfr jeb j v`s`t hy _lorltjry fn
_tjtl Ofebfillzzj X`ol hlnfrl tdl leb
fn tdl yljr. @t w`ii jisf jiifw b`rlot \._.
j`b tf tdl ofuetry.Rdl slttilmlet jisf
k`vls `mmue`ty tf tdl I`hyje kfvlre-
mlet nrfm jey nurtdlr tlrrfr-rlijtlb
ijwsu ts,wd`od s qu`tl `etlrlst`ek.
Rdl \._. djb ef b`pifmjt`o rlijt`fes
w`td I`hyj nrfm :047 uet`i ijtl 877?,
wdle Kjbdjn` pilbklb tf jhjebfe d`s
wljpfes fn mjss blstruot`fe prf-
krjms, stfp lxpfrt`ek tlrrfr`sm jeb
ofmplesjtl tdl njm`i`ls fn v`ot`ms fn
tdl Ifoalrh`l hfmh`ek jeb ftdlr
jttjoas.Jntlr tdjt, tdl ejt`fe wjs k`vle
j rlpr`lvl nrfm \.E.,\._. jeb Lurfplje
sjeot`fes, rlmfvlb nrfm tdl _tjtl
Blpjrtmlets i`st fn stjtl spfesfrs fn
tlrrfr`sm jeb jiifwlb j sljt fe tdl
\.E._lour`ty Ofueo`i. @t surl iffas i`al
tdl Husd Jbm`e`strjt`fe djs turelb
fvlr j elw iljn wdle `t ofmls tf
ejt`fes tdjt feol wlrl ojiilb lv`ijeb
spfesfrlb tlrrfr`sm.
Rdl ijst durbil wjs fvlr ofmplesj-
t`fe nfr Jmlr`ojes djrmlb `e I`hyje-
spfesfrlb jttjoas, `eoiub`ek tdl
Ifoalrh`l jttjoa jeb tdl :04>
hfmh`ek fn Ij Hliil b`softdlqul `e
Hlri`e, wd`od a`iilb twf Jmlr`oje sfi-
b`lrs. Js yfu mjy rlojii, tdl b`sof
jttjoa prfmptlb nfrmlr Wrls`blet
Xljkje tf frblr tdl :04> j`rstr`als feI`hyj,wd`od b`b ojusl o`v`i`je bljtds.
I`hyj pj`b tdl 8>4 njm`i`ls `evfivlb `e
tdl Wje Jm slttilmlet $4 m`ii`fe ljod,
hut wjs w`tddfib`ek je jbb`t`feji $8
m`ii`fe `t fwlb ljod fn tdlm hlojusl
fn j b`sputl fvlr \._. fhi`kjt`fes `e
rlture. Rdl mj`e I`hyje ijwsu`t wjs
n`ilb hy 2< njm`i`ls fn tdfsl a`iilb `e
tdl :04> j rstr`als.Rdlrl jrl twf ftdlr
ojsls pleb`ek rlijtlb tf ftdlr `eo`-
blets. @etlrejt`feji `est tut`fes jeb
nfrl`ke ofmpje`ls fplrjt`ek `e I`hyj`eoiub`ek sfml Jmlr`oje n`rmsw`ii
ofetr`hutl tf j nueb tf ofmplesjtl tdl
Jmlr`oje jeb I`hyje oij`mjets.
Rdl tfp \._.b`pifmjt nfr tdl M`bbil
Ljst, Bjv`b [liod, s`kelb tdl jkrll-
mlet w`td Jdmlb ji-Njtfur`, dljb fn
Jmlr`oje jnnj`rs `e I`hyjs Nfrl`ke M`e-
`stry, `e j olrlmfey hlnfrl rlpfrtlrs
jeb mlmhlrs fn hftd blilkjt`fes.
[liod ijhlilb tdl slttilmlet j d`stfr`o
jkrllmletjeb bli`vlrlb j ilttlr nrfm
Wrls`blet Husd tf Kjbdjn`. @ts kffb tf
klt td`s mjttlr rlsfivlb sf tdjt jii fn
tdl v`ot`ms njm`i ls oje hl ofmple-
sjtlb. @ts hlle j ifek wj`t!
_furol3 Jssfo`jtlb Wrlss
ILJA@EK\EBLXKXF\EBNLMJ N\LI RJEA_
Rdl Jssfo`jtlb Wrlss sjys tdl kfvlre-
mlet fwes duebrlbs fn ueblrkrfueb
nuli tjeas tdjt ellb tf hl `esplotlb nfr
iljas fn djzjrbfus suhstjeols tdjt ofuib
mjal ifoji wjtlr uebr`eajhil. Mjey fn
tdl tjeas wlrl bls`kelb nfr lmlrkle-
o`ls hjoa `e tdl bjys fn tdl Ofib [jr.
L`ille _uii`vje fn tdlJssfo`jtlb Wrlss
rlpfrtlb rloletiy tdjt tdl Nlblrji Lmlr-
kleoy Mjejklmlet Jkleoy djs aefwe
s`eol jt iljst tdl :007s tdjt tjeas ueblr`ts suplrv`s`fe jrfueb tdl ofuetry
ofuib hl ilja`ek nuli `etf sf`i jeb
krfuebwjtlr.
NLMJ djs jbm`ttlb tdjt `t aefws fn
jt iljst :
8/9/2019 The Jere Beasley Report, Sep. 2008
11/52
www.HljsilyJiile.ofm ::
ofuetry, joofrb`ek tf Lev`rfemletji
Bjtj Xlsfurols,hjslb `e M`infrb, Ofe-
elot`out.Rdl ofesuit`ek ofmpjey sjys
tdjts jhfut djin fn jii tdl ueblrkrfueb
tjeas `e tdl ofuetry. Rdfsl tjeas jrl
fwelb pr`vjtliy fr hy ifoji, stjtl jeb
nlblrji jkleo`ls.Hlojusl tdlyrl ueblr-
krfueb, ilja`ek tjeas oje kf uebl-
tlotlb nfr yljrs. @n b`lsli iljas `etf
br`ea`ek wjtlr, jnnlotlb plfpil ofuib
hl jt j d`kdlr r`sa fn ojeolr, a`bely
bjmjkl jeb elrvfus systlm b`sfrblrs.
J kjiife fn nuli oje ofetjm`ejtl :
m`ii`fe kjiifes fn wjtlr.
NLMJ w`ii bltlrm`el wdjt tf bf w`td
tdl blnueot tjeassuod js rlmfvl
tdlm fr n`ii tdlm w`td sjebfe j ojsl-
hy-ojsl hjs`s, hlojusl fn vjry`ek stjtl
ijws.@t jppljrs tdjt NLMJ djset ilt jii
fn tdl stjtls aefw jhfut ilja`ek tjeas
w`td`e tdl`r hfrblrs. J 877< ijw
rlqu`rlb jii nlblrji jkleo`ls tf suhm`t
je `evletfry tf Ofekrlss jeb tdl LWJ
fn jii tdl tjeas tdly fwelb fr fplrjtlb,
jeb wdltdlr tdl tjeas wlrl `e ofmpi`-
jeol w`td tdl ijw. @e tdl ijtl :047s jeb
ljriy :007s,tdl kfvlremlet `es`stlb fe
hlttlr-mjbl tjeas. Rdl ueblrkrfueb
tjeas fn tfbjy must djvl sjnlty mljs-
urls `eoiub`ek ilja bltlot`fe jeb je
lxtrj sdlii mjbl w td mjtlr`ji rls`stjet
tf kjsfi`el,b`lsli jeb ltdjefi.
_furol3 Jssfo`jtlb Wrlss
C\BKLX\IL_EJR@^LJMLX@OJE_F[LB$2
8/9/2019 The Jere Beasley Report, Sep. 2008
12/52
^@.
RDL OFXWFXJRL
[FXIB
LTTFEWF_R_XLOFXB$::.>4 H@II@FEWXFN@R
Jt j t`ml wdle mfst Jmlr`ojes jrl
rljiiy strukki`ek tf mjal lebs mllt,
LxxfeMfh`i djs feol jkj`e rlpfrtlb
tdl ijrklst qujrtlriy prfn`t `e \._.
d`stfry.Rdl f`i k`jet pfstlb elt `eofml
fn $::.>4 h`ii`fe fe rlvleul fn $:?4
h`ii`fe `e tdl slofeb qujrtlr. Rdjt
wfras fut tf $:,24
8/9/2019 The Jere Beasley Report, Sep. 2008
13/52
rlpfrt hy tdl _tjtl Nfrloifsurl Wrlvle-
t`fe [fra`ek Krfup nfueb tdjt ;7% fn
slr`fusiy bli`equlet hfrrfwlrs wlrl
eft rlol`v`ek dlip.Jiys Ofdle, j stjnn
jttfrely jt tdl Ejt`feji Ofesumlr Ijw
Oletlr,fhslrvlb3
Dfw lnnlot`vl oje tdl NDJ rln`-
ejeo`ek prfkrjm hl `e i`kdt fn
dfw sifw jeb `elnnlot`vl mfrt-kjkl slrv`olrs djvl hlle sf njr6
[lrl leofurjklb tdjt stlps jrl
hl`ek tjale.Hut wlrl wfrr`lb.
Feiy t`ml w`ii tlii `n td`s ilk`sijt`fe
w`ii prfvl tf hl j kffb td`ek nfr tdl
Jmlr`oje plfpil.Mjey hli`lvl tdjt tdl
nlblrji kfvlremlet djb tf djvl aefwe
tdl mjss`vl prfhilm lx`stlb jeb
sdfuib djvl jotlb muod sffelr.
@estljb, tdly wj`tlb uet i tdl ofws
wlrl fut fn tdl hjre hlnfrl sdutt`ektdl hjre bffr.Rdl rlkuijtfrs,Ofekrlss,
jeb Wrls`blet Husd djvl tf sdjrl tdl
hijml nfr tdjt.Rdl Jmlr`oje tjxpjylrs
jeb tdfsl o`t`zles wdf djvl jirljby
njolb nfrloifsurl fr w`ii `e tdl eljr
nuturl djvl lvlry r`kdt tf hl mjb js
tdl b`oalesw`td tdfsl rlspfes`hil nfr
td`s mlss.
_furol3 [jsd`ektfe Wfst
NFXMLXLEXFELTLO\R@^LWJP__LO$?:.< M@II@FERF_LRRILOJ_L
[l jii aefw tdl trjk`o stfry fn tdl
ofiijpslb Lerfe Ofrp. tdjt eft feiy
durt ifts fn nfias, hut jisf ojuslb tdl
nlblrji kfvlremlet tf n`ejiiy stjrt
iffa`ek jt wdjt sfml ftdlr ofrpfrj-
t`fes wlrl bf`ek.J nfrmlr tfp lxlou-
t`vl fn Lerfe `s pjy`ek $?:.< m`ii`fe tf
slttil odjrkls `e j o`v`i jot`fe jiilk`ek
tdjt dl uslb `es`bl `enfrmjt`fe tf `iil-
kjiiy prfn`t nrfm sjils fn tdfusjebs fn
sdjrls fn ofmpjey stfoa `e 877:.
Joofrb`ek tf tdl _lour`t`ls jeb
Lxodjekl Ofmm`ss`fe, tdl slttilmlet
w`td Ifu I. Wj`wdf wjs odj`rmje
jeb od`ln lxlout`vl fn tdl njiile
ofmpjeys rltj`i lelrky b`v s`fe Lerfe
Lelrky _lrv`ols`s fel fn tdl ijrklst
lvlr w`td je `eb`v`buji nfr `iilkji
`es`blr trjb`ek.
Rdl slttilmlet `eoiubls j $:. m`ii`fe bul d`m ueblr
d`s `esurjeol pfi`oy js j ofmpjey
fnn`olr tdjt dl prlv`fusiy nfrnl`tlb js j
pjymlet tf Lerfe sdjrldfiblrs `e j
oijss-jot`fe ijwsu`t. Dl jkrllb tf pjy
tdl rlmj`e`ek $8
8/9/2019 The Jere Beasley Report, Sep. 2008
14/52
hjoa juot`fe-rjtl slour`t`ls tdjt stjtl
jeb nlblrji rlkuijtfrs sj`b wlrl nrjubu-
iletiy sfib tf `evlstfrs.Rdl Elw Pfra-
hjslb hjeas, jmfek tdl ijrklst
ueblrwr`tlrs fn tdl slour`t`ls, w`ii pjy
n`els tftji`ek $>7 m`ii`fe jeb rlbllm
jt njol vjiul juot`fe-rjtl blht sfib tf
oi`lets, ueblr j slttilmlet w`td Elw
Pfra _tjtl Jttfrely Klelrji Jebrlw
Oufmf jeb j krfup fn ftdlr stjtl rlku-
ijtfrs.Rdl slttilmlet wjs jeefueolb
fe Jukust :2td.
Rdl jkrllmlets jrl tdl ijtlst jr`s`ek
nrfm j ejt`few`bl `evlst`kjt`fe fn dfw
juot`fe-rjtl slour`t`ls wlrl mjraltlb
hlnfrl tdl $??7 h`ii`fe mjralt ofi-
ijpslb `e Nlhrujry.@evlstfrs purodjslb
tdl blht fe tdl jbv`ol fn hjealrs wdf
p`todlb `t js j ojsd lqu`vjilet, rlkuij-
tfrs sj`b, feiy tf n`eb tdly ofuibet slii
tdl hfebs js blmjeb br`lb up. \H_ JK
jeb O`t`krfup @eo. jkrllb ljri`lr `e tdl
mfetd tf huy jhfut $8> h`ii`fe fn tdl
blht jeb pjy n`els fn j ofmh`elb $8
8/9/2019 The Jere Beasley Report, Sep. 2008
15/52
(OW_O). Rdl h`- pjrt`sje Ofesumlr
Wrfbuot _jnlty @mprfvlmlet Jot w`ii
mjal ofesumlr prfbuots sjnlr hy
rlqu`r`ek tdjt tfys jeb `enjet prfbuots
hl tlstlb hlnfrl tdly jrl sfib, jeb hy
hjee`ek iljb jeb pdtdjijtls `e tfys.
Rdl h`ii jisf orljtls j puhi`oiy joolss`-
hil ofesumlr ofmpij`et bjtjhjsl,k`vls
tdl OW_O tdl rlsfurols `t ellbs tf
prftlot tdl puhi o, `eorljsls o`v`i
plejit`ls tdjt tdl Ofmm`ss`fe oje
jsslss jkj`est v`fijtfrs fn nlblrji ofe-
sumlr ijws, jeb prftlots wd`stilhifw-
lrs wdf rlpfrt prfbuot sjnlty blnlots.
@ts j krljt bjy nfr \._. ofesumlrs.
Rd`s swllp`ek rlnfrm mljsurl puts
od`ibrles jeb ofesumlrs sjnlty n`rst.
Rdlsl jrl tdl mfst s`ke`n`ojet `mprfvl-
mlets tf tdl OW_O s`eol tdl jkleoy
wjs lstjhi`sdlb `e tdl :0;7s. Rdl h`ii
k`vls tdl ofmm`ss`fe j elw i`nl w`td
`eorljslb rlsfurols, jutdfr ty jeb
trjespjrleoy tf hlttlr lesurl tdl
sjnlty fn ofesumlr prfbuots. Rdl
Ofesumlr Nlblrjt`fe fn Jmlr`oj, Ofe-
sumlrs \e`fe, jeb Wuhi`o O`t`zle
wfralb djrb tf ofev`eol mlmhlrs fn
Ofekrlss tf pjss td`s hjbiy-ellblb h`ii.
Rd`s h`ii `s j dukl v`otfry nfr ofe-
sumlrs fn prfbuots `e tdl \._.Rdl nfi-
ifw`ek jrl sfml lxjmpils fn dfw td`s
ilk`sijt`fe odjekls jeb `mprfvls tdl
sjnlty fn prfbuots sfib `e tdl \e`tlb_tjtls3
Iljb w`ii hl lsslet`jiiy li`m`ejtlb
nrfm tfys jeb od`ibrles prfbuots1
Ofesumlrs w`ii djvl joolss tf j puh-
i`oiy-joolss`hil bjtjhjsl tf rlpfrt
jeb iljre jhfut djzjrbs pfslb hy
uesjnl prfbuots1
Rfys jeb ftdlr od`ibrles prfbuots
w`ii hl rlqu`rlb tf hl tlstlb nfr
sjnlty hlnfrl tdly jrl sfib1 _tjtl jttfrelys klelrji w`ii djvl tdl
elolssjry jutdfr`ty tf lenfrol
prfbuot sjnlty ijws1
OW_O djs tdl jutdfr`ty tf ilvy mfrl
s`ke`n`ojet o`v`i plejit`ls jkj`est v`f-
ijtfrs fn `ts sjnlty rlkuijt`fes,wd`od
w`ii dlip bltlr wrfekbf`ek1
Rfx`o pdtdjijtls w`ii hl hlle
hjeelb nrfm od`ibrles prfbuots1
[d`stilhifwlrs w`ii hl krjetlb
`mpfrtjet prftlot fes1jeb
OW_O w`ii rlol`vl suhstjet`ji
`eorljsls `e `ts rlsfurols, `eoiub`ek
`ts stjnn`ek ilvlis, ijhfrjtfry jeb ofm-
putlr rlsfurols, jeb vjr`fus jutdfr`-
t`ls tf ofebuot rlojiis jeb tjal ftdlr
jot`fes.
Wrls`blet Husd,wdf djb i`ttil tf bf
w`td pjssjkl fn tdl ilk`sijt`fe, s`kelb
tdl h`ii `etf ijw fe Jukust :2td.Rdjea-
nuiiy, dl b`bet vltf `t. @t oje efw hl
sj`b tdjt tdl mfst s`ke`n`ojet `mprfvl-
mlets tf tdl Ofesumlr Wrfbuot _jnlty
Ofmm`ss`fe s`eol tdl jkleoy wjs
lstjhi`sdlb `e tdl :0;7s jrl efw ijw.
_furol3Wuhi`o O`t`zle
RDLEJR@FEJIJ__FO@JR@FENFXOFE_\MLXJB^FOJRL_
Rdl Ejt`feji Jssfo`jt`fe Nfr Ofe-
sumlr Jbvfojtls (EJOJ) `s j efe-
prfn`t jssfo`jt`fe fn ijwylrs jeb
ofesumlr jbvfojtls ofmm`ttlb tf rlp-
rlslet`ek ofesumlrs `etlrlsts.
Mlmhlrs jrl pr`vjtl jeb puhi`o slotfr
ijwylrs,ilkji slrv`ols ijwylrs,ijw prf-
nlssfrs jeb ijw stublets wdfslpr`mjry nfous `s tdl prftlot`fe jeb
rlprlsletjt`fe fn ofesumlrs. EJOJ
jisf djs j odjr`tjhil jeb lbuojt`feji
nueb `eofrpfrjtlb ueblr :8>, _. 84?4) jeb tdl Jutf-
mfh`il Jrh`trjt`fe Nj`relss Jot (D.X.
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tfp`o jt j t`ml.Rdl hrfjblr h`ii, tdjt
wfuib hje h`eb`ek mjebjtfry jrh`trj-
t`fe nrfm jii ofesumlr, lmpifymlet,
jeb nrjeod`sll ofetrjots, `s tdl Jrh`trj-
t`fe Nj`relss Jot (D.X. ?7:7, _. :;48).
Ourrletiy, jii tdrll jrh`trjt`fe h`iis djvl
suoolssnuiiy mjbl `t fut fn tdl Dfusl
Cub`o`jry _uhofmm`ttll fe Ofmmlr-
o`ji jeb Jbm`e`strjt`vl Ijw. Rdl Nj`r-
elss @e Eurs`ek Dfml Jrh`trjt`fe Jot
wjs tdl feiy h`ii tdjt mjbl `t hlnfrl
tdl nuii Cub`o`jry Ofmm`ttll hlnfrl
Ofekrlss jbcfurelb nfr tdl summlr. @t
wjs suoolssnuiiy vftlb fut fn tdl Cub`-
o`jry Ofmm`ttll hy j :; tf 2 vftl jeb
efw oje kf tf tdl nuii Dfusl nfr
jpprfvji. Rdl Jutfmfh`il Jrh`trjt`fe
Nj`relss Jot wjs put fe dfib hy Ofe-
krlssmje Ofeylrs (B-M@), tdl Odj`r fn
tdl Cub`o`jry Ofmm`ttll uet`i _lptlm-
hlr.Js nfr tdl Jrh`trjt`fe Nj`relss Jot,
wl jrl st`ii hu`ib`ek suppfrt. Rf bjtl,
tdlrl jrl :7? of-spfesfrs tf tdl h`ii.
EJOJ `s wfra`ek w`td Ofekrlssmje
Djea Cfdesfe (B-KJ), tdl spfesfr fn
tdl h`ii, tf jbbrlss tdl mfblrjtls ofe-
olres jhfut tdl h`ii.
@e tlrms fn tdl _lejtl s`bl, tdl Nj`r-
elss @e Eurs`ek Dfml Jrh`trjt`fe Jot
djs h`-pjrt`sje suppfrt jeb `s lxplotlb
tf kf hlnfrl tdl _lejtl Cub`o`jry Ofm-
m`ttll `e _lptlmhlr. Rdl Jrh`trjt`fe
Nj`relss Jot `s eft sodlbuilb nfr mjra-up jeb wl jrl st`ii try`ek tf fhtj`e of-
spfesfrs. Rdl Jutfmfh`il Jrh`trjt`fe
Nj`relss Jot djs eft hlle prlsletlb `e
tdl _lejtl._lejtfr Nl`ekfib (B-[@) djs
sj`b dl wjets _lejtfr Krjssily (X-@J)
tf of-spfesfr t w`td d`m, hut, tf bjtl,
_lejtfr Krjssily, j stjueod suppfrtlr
fn lxlmpt`ek tdl jutf mjeunjoturlrs
nrfm tdl Nlblrji Jrh`trjt`fe Jot, djs
eft hlle `eoi`elb tf bf sf. EJOJ `s
pijee`ek j mjcfr jrh`trjt`fe ifhhy bjy
nfr Nlhrujry / Mjrod 8770 (bjtl ylt tfhl blo`blb) tf of`eo`bl w`td tdl rl-
`etrfbuot`fe fn jii tdrll h`iis. EJOJ,
jifek w`td ftdlr mlmhlrs fn tdl K`vl
Ml Hjoa My X`kdts Ofji t`fe, jrl pije-
e`ek fe hr`ek`ek v`ot`ms fn h`eb`ek
mjebjtfry jrh`trjt`fe tf tdl D`ii tf tlii
tdl`r stfry.
OXLB@R OJXB_
Rdl Orlb`t Ojrb H`ii fn X`kdts (D.X.
www.HljsilyJiile.ofm
8/9/2019 The Jere Beasley Report, Sep. 2008
17/52
Ofuesli`ekJutdfr`zls nuebs nfr
tdl El`kdhfrdffb Xl`evlstmlet
Ofrpfrjt`fe (EXO) nfr nfrloifsurl
m`t`kjt`fe jot`v`t`ls1
Rrutd `e Ileb`ek Jot (R@IJ)Jbbs
elw mfrtkjkl b`soifsurl rlqu`rl-
mlets ueblr R@IJ1
^ltlrjes MjttlrsWrfv`bls dfml
`mprfvlmlet hleln`ts nfr tdl b`s-
jhilb1
Wuhi`o Dfus`ek Jutdfr`t`lsXlbuols
rlkuijtfry rlqu`rlmlets nfr smjiilr
WDJs1
Rjx @eolet vlsLstjhi`sdls j rjekl
fn tjx `eolet vls, `eoiub`ek j n`rst-
t`ml dfmlhuylr tjx orlb t, jeb
lxpjebs tdl Ifw-@eofml Dfus`ek
Rjx Orlb`t (I@DRO)1
Xlji Lstjtl @evlstmlet Rrusts
(XL@Rs)Iffsles olrtj`e rlstr`ot`fes
fe XL@Rs1 jeb
Wuhi o Blht I`m`t-@eorljsls tdl
Nlblrji blht i`m`t tf $:7.>:< tr`ii`fe.
Rdl jhfvl huiilts wlrl b`rlotiy
tjale nrfm j aly pf`ets summjry prf-
buolb hy tdl Mfrtkjkl Hjealrs Jssfo`-
jt`fe. Jeyhfby wdf wfuib i al j ofpy
fn tdl nuii summjry oje klt j ofpy
nrfm EJOJ.Ofekrlss w`ii hl hjoa `e slss`fe
stjrt`ek `e _lptlmhlr.Rdlrl w`ii hl j
eumhlr fn `ssuls wj`t`ek nfr tdlm tdjt
ofesumlrs w`ii hl `etlrlstlb `e. @n yfu
wjet tf n`eb fut mfrl jhfut pleb`ek
prf-ofesumlr ilk`sijt`fe yfu oje kf
tf www.ojpw`z.ofm/ejojelt. Pfu
m`kdt jisf wjet tf ofetjot yfur \._.
_lejtfrs jeb Dfusl mlmhlrs tf jsa
nfr tdl`r suppfrt fe ofesumlr ilk`sij-
t`fe `e tdl nuturl.
_furol3EJOJ
OXLB@ROJXB@EB\_RXPNJOL_XLNFXM_
Joofrb`ek tf ofesumlr jbvfojtls,
mlmhlrs fn Ofekrlss jeb hjea`ek fnn -
o`jis, `t jppljrs tdjt str`otlr rlkuijt fe
fn tdl orlb`t ojrb `ebustry w`ii hl
jpprfvlb hy tdl leb fn tdl yljr. Rdl
ofmmlet plr`fb fe tdl Nlblrji
Xlslrvls prfpfslb jot`fes oifslb `e
ljriy Jukust. Hy tdle eljriy ,777
ofmmlets djb ofml `e v`j l-mj`i jeb
rlkuijr mj`i, j rlofrb rlspfesl nfr jey
Nlb prfpfsji. N`ejiiy, hftd tdl Nlb jeb
Ofekrlss jrl wfra`ek tf t`kdtle ruils
fe tdl orlb`t ojrb `ebustry.Rdl ijrkl
rlspfesl tf tdl Nlbs prfpfsji ojml fe
tdl dllis fn ofekrlss`feji jot`fe fe
tdl `ssul.Rdl Dfusl N`ejeo`ji _lrv`ols
Ofmm`ttll mfvlb Xlp. Ojrfiye H.
Mjifelys Orlb`t Ojrbdfiblrs H`ii fn
X`kdts fut fn ofmm`ttll fe Cuiy ?:st.
Rdl mljsurl wfuib prfd`h`t uelx-
plotlb `eorljsls `e tdl rjtls odjrklb
fe prl-lx`st`ek orlb`t ojrb hjijeols,
jmfek ftdlr td`eks. Fhslrvlrs sj`b tdl
Elw Pfra Blmforjts h`ii prfhjhiy
wfuibet pjss tdl _lejtl td`s yljr
hlojusl t`ml `s ruee`ek fut.
Efeltdlilss,tdl njot tdjt tdl h`ii mjbl
`t fut fn ofmm`ttll blsp`tl s`ke`n`ojet
pusdhjoa nrfm tdl hjea`ek ebustry jeb
tfp Xlpuhi`oje ijwmjalrs slebs j s`keji
tf tdl Nlb tdjt `n `t bflset tjal jot`fe,
Ofekrlss lvletujiiy w`ii, `n eft td`s yljr
tdle bur`ek 8770._lvlrji s`m`ijr h`iis `e
tdl Dfusl jeb _lejtl djvl jbblb tf tdl
mfmletum nfr odjekl.Rrjv`s Wiuealtt,
ilk`sijt`vl b`rlotfr fn tdl Ofesumlr Nlb-
lrjt`fe fn Jmlr`oj, hli`lvls tdjt tdl Nlb
w`ii djvl tf jot hlojusl fn tdl ofekrls-
s`feji prlssurl.Rdl Nlbs prfpfslb ruils wfuib,
jmfek ftdlr td`eks, splo ny wdle
orlb`t ojrb `ssulrs oje `eorljsl `etlrlst
rjtls fe lx`st`ek hjijeols, allp tdlm
nrfm ojiouijt`ek n`ejeol odjrkls hjslb
fe tdl jvlrjkl fn hjijeols fvlr twf
oyoils lvle `n pjrt fn tdl blht djs hlle
rlpj`b, jeb prfd`h`t ijtl nlls fe ous-
tfmlrs wdf wlrl eft k`vle j rljsfe-
jhil jmfuet fn t`ml tf pjy.
Rdl prfpfsji jisf sllas tf rlkuijtl
fvlrbrjnt prftlot`fe fe blpfs`tjoofuets, rlqu`r`ek hjeas tf ilt ous-
tfmlrs fpt fut fn tdl slrv`ol hlnfrl
jsslss`ek nlls. Hut tdl prfpfsji bfls
eft, `e jii ojsls, hje tdl sf-ojiilb ue`-
vlrsji blnjuittdjt `s, rj`s`ek j
plrsfes `etlrlst rjtl `n dl fr sdl `s ijtl
fe je uerlijtlb blht. @t jisf bfls eft
jbbrlss mjey jrh`trjr`iy d`kd orlb`t
ojrb nlls.
J muod tfukdlr jpprfjod `s ellblb
tf kujrb jkj`est wdjt tdly ojii uenj`r
fr blolpt`vl prjot`ols, hy tdl orlb`t
ojrb ofmpje`ls.Ofesumlr krfups jeb
aly mlmhlrs fn Ofekrlss hli`lvl tdl
Nlbs ourrlet prfpfsji st`ii njiis sdfrt.
Lvle `n efel fn tdl h`iis pjss td`s yljr,
ijwmjalrs jeb ofesumlr jbvfojtls
lxplot Ofekrlss tf tjal up tdl mjttlr
jkj`e ljriy elxt yljr. @n _lejtfr Hjrjoa
Fhjmj w`es tdl prls`blet`ji lilot`fe
tdl odjeols nfr rlnfrm w`ii `eorljsl
s`ke`n`ojetiy.
_furol3 [jsd`ektfe Wfst
@T.
WXFB\OR
I@JH@I@RP \WBJRL
M@IAWXFB\OR_NXFMBJ@XPOF[_RXLJRLB[@RDHF^@ELKXF[RDDFXMFEL
Mjey plfpil wdf huy m`ia prfbuots
mjy hl uejwjrl tdl m`ia tdly jrl
br`ea`ek jeb k`v`ek tf tdl`r od`ibrle
mjy hl klelt`ojiiy lek`ellrlb jeb
ofetj`e hfv`el krfwtd dfrmfel
(rHKD fr rH_R), wd`od ofuib `eorljsl
tdl r`sa fn ojeolr jeb ftdlr b`sljsls,
lsplo`jiiy `e od`ibrle. Joofrb`ek tf
tdl wlhs`tl fn Br. Cfslpd Mlrofij, jefstlfpjtd`o pdys`o`je, tdl m`ia nrfm
klelt`ojiiy jitlrlb ofws mjy hl
djrmnui tf yfur dljitd.
Wfs`ijo `s j hfv`el krfwtd dfrmfel
prfbuolb jeb mjraltlb hy Mfesjetf.
M`ia tdjt ofmls nrfm ofws k`vle tdl
krfwtd dfrmfel `s eft rlqu`rlb tf hl
ijhlilb. Rdl dfrmfel spllbs up tdl
mltjhfi`sm fn tdl `eclotlb bj`ry ofws,
wd`od `e ture `eorljsls m`ia prfbuo-
t`fe. Dfwlvlr, tdlrl jrl rlpfrts tdjt
ofws fe tdl dfrmfel jrl mfrl i`aliy tfhlofml s`oa. Br. Mlrofijs wlhs`tl
quftls _jmuli Lpstl`e,M.B.,j so`let`st
jt tdl \e`vlrs`ty fn @ii`ef`s _odffi fn
Wuhi`o Dljitd. Joofrb`ek tf Br. Lpstl`e,
tdl usl fn tdl krfwtd njotfr (@KN-:) `s
aefwe tf hl jssfo`jtlb w`td ojeolr fn
tdl hrljsts,ofife jeb prfstjtl.
@ts rlpfrtlb tdjt tdl m`ia `tslin oje
hlofml ofetjm`ejtlb w`td tdl krfwtd
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dfrmfel. Rdl ofws tdjt jrl k`vle tdl
krfwtd dfrmfel jrl rlqu`rlb tf djvl
jbb`t`feji jet`h`ft`os hlojusl fn `enlo-
t`fes jssfo`jtlb w`td tdl krfwtd
dfrmfel. Rdl m`ia mjy djvl je
`eorljslb ofeoletrjt`fe fn tdyrf`b
dfrmfel lezyml.@e jbb`t`fe, tdl m`ia
mjy djvl rlbuolb ilvlis fn m`ia prftl`e.
Mjey frkje`o m`ia prfbuolrs djvl
stjrtlb tf tjal jbvjetjkl fn tdl elkj-
t`vl puhi`o`ty hy ijhli`ek tdl`r prfbuots
js dfrmfel nrll. J krfup aefwe js
tdl Jmlr`oje Njrmlrs nfr tdl Jbvjeol-
mlet jeb Ofeslrvjt`fe fn Rlodefifky,
wd`od ojiis `tslin j krjssrffts frkje`zj-
t`fe, jeb jppjrletiy `s strfekiy jssfo`-
jtlb w td Mfesjetf, `s frkje`z`ek j
ofuetlr fnnles`vl tf stfp frkje`o m`ia
prfbuolrs nrfm ijhli`ek tdl`r prfbuots
js hl`ek nrll nrfm tdl krfwtd
dfrmfel. [d`il tdl \. _. Nffb jeb
Bruk Jbm`e`strjt`fe djs bloijrlb
Wfs ijo tf hl sjnl, mjey ofuetr`ls djvl
hjeelb tdl usl fn tdl prfbuot, `eoiub-
`ek Ojejbj, Justrji`j, Cjpje, Elw
Sljijeb,jeb jii fn tdl Lurfplje \e`fe.
J Lurfplje Ofmm`ss`fe rlpfrt rlo-
fmmlebs jvf`b`ek prfbuots us`ek tdl
klelt`ojiiy lek`ellrlb dfrmfel js j
mljes fn ojeolr prlvlet`fe. Rdl
NBJs jpprfvji fn tdl usl fn td`s bruk `s
vlry ofetrfvlrs`ji. J eumhlr fn tdl
NBJ plrsfeeli tdjt wfralb fe tdljpprfvji fn rHKD wlrl nfrmlr lmpify-
lls fn Mfesjetf. Pfu oje klt mfrl
`enfrmjt`fe hy kf`ek tf www.mlr
ofij.ofm.[l w`ii ofet`eul tf mfe`tfr
td`s s`tujt`fe hlojusl fn tdl pftlet`ji
nfr s`ke`n`ojet djrm tf ifts fn nfias.
ML_FRDLI@FMJOJ_L_WXL_LER\E@Z\LODJIILEKL_
Hlojusl fn tdl ifek ijtleoy plr`fb
(tdl plr`fb fn t`ml nrfm lxpfsurl tf
mje`nlstjt`fe fn symptfms) `evfivlb `e
mlsftdli`fmj ojsls87 tf
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tf jshlstfs pjrt`oils, jeb hu`ib`ek
fwelrs djvl hlle pjy`ek tf djvl
jshlstfs sjnliy rlmfvlb lvlr s`eol.
Rdlsl bjys, ejefmjtlr`jis jrl tdl
fhclots fn wfeblr,hut,js ljriy js 877>,
sfml rlsljrodlrs wlrl rlofke`z`ek
s`m`ijr`t`ls `e tdl prfplrt`ls fn ojrhfe
ejefn`hlrs jeb jshlstfs.J pjplr puh-
i`sdlb hy Ejturl Ejeftlodefifky suk-
klsts tdjt tdl s`m`ijr`t`ls kf hlyfeb
jppljrjeols, js prli`m`ejry tlsts
sukklst ojrhfe ejefn`hlrs pfsl tdl
sjml dljitd r`sas tdjt jshlstfs bfls.
Nrfm j h`fifk`oji plrsplot`vl, tdl
njot tdjt jshlstfs `s odlm`ojiiy `elrt `s
jotujiiy pjrt fn tdl prfhilm.Rdl hfby
oje lvletujiiy jhsfrh fr leojpsuijtl j
w`bl vjr`lty fn mjtlr`jis tdjt w`eb up
`etlreji`zlb, hut tdlrl jrl s`mpiy ef
rfutls nfr oliis tf b`klst jshlstfs
n`hlrs. Rdl jitlrejtl rfutl, leojpsuij-
t`fe, bflset wfra wlii l`tdlr.Jshlstfs
n`hlrs djvl j d`kd ilektd-tf-w`btd rjt`f
(ojiilb je jsplot rjt`f), wd`od mjals
tdlm djrb nfr tdl hfby tf blji w`td.
Rdlyrl smjii lefukd tdjt s`ekil oliis
try tf jhsfrh tdlm, hut ijrkl lefukd
tdjt tdly nj`i, wd`od tr`kklrs je `ebln`-
e`tl `enijmmjtfry rlspfesl `e mjorf-
pdjkls, tdl oliis tjsalb w`td lekuin`ek
nfrl`ke mjtlr`ji.
Dfw td`s pijys fut `e tlrms fn
jshlstfs `set nuiiy blsor`hlb, hutjppljrs tf stjrt w`td tdl smjii jshlstfs
n`hlrs trjvli`ek bllp `etf tdl iuek.
Feol tdlrl, n`hlrs oje jotujiiy hl
br`vle tdrfukd oliis jeb `etf tdl `etlr-
eji s`bl fn tdl iuek, wdlrl `t ifbkls
`etf tdl mlsftdli`ji oliis tdjt i`el tdl
frkjes jeb ojv`t`ls fn tdl truea.
Mjorfpdjkls try tf jhsfrh jey pjrts fn
tdl n`hlr tdjt prftrubl, nj`i, jeb tr`kklr
je enijmmjtfry rlspfesl.Rd s plrplt-
uji `enijmmjt`fe, ofmh`elb w`td tdl
oliiuijr bjmjkl, dlips br`vl tdlmlsftdli`ji oliis `etf j ojeolrfus stjtl,
prfbuo`ek tdl s`kejturl b`sljsl fn
jshlstfs lxpfsurl,mlsftdli`fmj.
Xlsljrod djs sukklstlb tdjt jey n`hlr
tdjts `elrt, smjii lefukd tf mjal `t tf
tdl iueks, jeb djs j ilektd-tf-td`oaelss
rjt`f fn slvle fr mfrl ofuib hl
ojpjhil fn ojus`ek s`m`ijr prfhilms.
Rdjts wdlrl tdl ofeolres jhfut
ejefn`hlrs stjrtlb.Rdlsl n`hlrs, wd`od
jrl ofmmlro`jiiy jvj`ijhil, jrl fntle
feiy tles fn ejefmltlrs `e b`jmltlr,
hut oje lxtleb nfr tles fn m`orfes.Rdl
odlm`oji hfebs jmfek tdl ojrhfe
jtfms tdjt ofmpr`sl tdlm jrl jisf h`f-
odlm`ojiiy `elrt.
J eumhlr fn stub`ls djvl iffalb jt
tdl lnnlot fn ojrhfe ejefn`hlrs fe oui-
turlb oliis, hut tdl jutdfrs fn j elw
pjplr tffa tdl stub`ls `etf j mfrl
b`rlotiy rlilvjet mfbli3 tdl mfusl.
Rdly `eclotlb ojrhfe ejefn`hlrs, jifek
w`td tjekilb ojrhfe ejeftuhls jeb
krjpd`tl pfwblr, `etf tdl plr`tfelji
ojv`ty fn m`ol1 jshlstfs wjs jisf
`eclotlb js j ofetrfi.Jt twf t`ml `etlr-
vjis ijtlr, tdly wjsdlb tdl ojv`ty fut
w`td sji`el jeb sjmpilb tdl oliis
prlslet `e tdl wjsd. Rwf sjmpils fn
uetjekilb ejefn`hlrs prfbuolb je
`enijmmjtfry rlspfesl tdjt wjs stjt`st`-
ojiiy `eb`st`eku`sdjhil nrfm tdjt tr`k-
klrlb hy jshlstfs.
[dle lxjm`elb jt tdl oliiuijr ilvli,
tjekilb ejefn`hlrs wlrl sjnliy `eklstlb
jeb stfrlb e mjorfpdjkls. @e ofetrjst,
tdl n`hlrs ojuslb wdjt tdl jutdfrs
tlrmlb nrustrjtlb pdjkfoytfs`s,
wdlrl tdl mjorfpdjkl jppljrs js `n `t
djb hlle p`lrolb hy tdl n`hlr wd`il
try`ek tf lekuin `t. _lot`fes fn tdl plr`-
tfelji ojv`ty wjii fn tdlsl je`mjisrlvlji tdl prlsleol fn ijrkl eumhlrs fn
`mmuel oliis.
Rdl jutdfrs ojut`fe tdjt tdlsl
rlsuits jrl eft ylt ofeoius`vl, js wl
ijoa twf jbb`t feji h`ts fn bjtj. Rd`s
wfra djset blmfestrjtlb tdjt tdl
ejefn`hlrs jotujiiy rljod tdl iuek fr
orfss `etf tdl hfby s`bl fn tdl frkje
wdle `eklstlb v`j hrljtd`ek. Fe tdl
ftdlr leb fn tdl prfolss, tdl
rlsljrodlrs djvlet blmfestrjtlb tdjt
td`s enijmmjt`fe uit`mjtliy prfbuolsmlsftdli`fmj. @t bfls, dfwlvlr,
sukklst tdjt stub`ls b`rlotlb tfwjrbs
n`eb`ek fut sdfuib hl pursulb js sffe
js pfss`hil jeb tdjt, `e tdl mljet`ml,j
ojut`fus jpprfjod tf ejefn`hlr lxpf-
surl mjy hl wjrrjetlb.
M@II@FE_FNN@XL-WXFELNFXB__R@IIFERDLXFJB_
Mfrl tdje > m`ii`fe Nfrb ojr jeb
truoa fwelrs ofuib hl br`v`ek vld`oils
st`ii lqu`pplb w`td j njuity oru`sl
ofetrfi sw`tod tdjt oje stjrt j n`rl
ueblr tdl dffb lvle wdle tdl vld`oil
`s pjralb jeb tdl `ke`t`fe `s turelb fnn.
Js fn Cuiy ?:st, `e `ts mfst rlolet rlpfrttf tdl Ejt`feji D`kdwjy Rrjnn`o _jnlty
Jbm`e`strjt`fe, tdl Nfrb Mftfr
Ofmpjey lst`mjtlb tdjt 2.0 m`ii`fe
vld`oils fn tdl mfrl tdje :7 m`ii`fe
ojrs jeb truoas `evfivlb `e tdl mjss`vl
rlojii jrl efw rlpj`rlb. _fml vld`oils
wlrl `eoiublb `e mfrl tdje fel rlojii,
mja`ek `t djrb tf ojiouijtl prlo`sl
eumhlrs.Hut, `ts oiljr tdjt m`ii`fes fn
Nfrb vld`oils prfbuots prfbuolb w`td
tdl njuity oru`sl ofetrfi sw`tod jrl fe
tdl d`kdwjys, `e kjrjkls jeb lvle jtcueayjrbs, wdlrl tdly jrl jt r`sa fn
hurst`ek `etf nijmls jt jey t`ml.
Nfrb rlpfrtlb fe `ts [lh s`tl tdjt tdl
pjrts ellblb tf n`x tdl n`rl-prfel
spllb ofetrfi systlm `e Nfrb ojrs jeb
truoas jrl jvj`ijhil jt bljilrsd`ps
jrfueb tdl ofuetry. Rdl jutfmjalr
sj`b3 Jnnlotlb oustfmlrs sdfuib
ofetjot tdl`r bljilr tf sodlbuil j
slrv`ol jppf`etmlet tf djvl n`eji
rlpj`rs ofmpiltlb.Rdl Nfrb rlojii djs
ofesumlb mfst fn j blojbl js sjnlty
`evlst`kjtfrs strukkilb tf `blet`ny tdl
ojusl fn tdl n`rls.
[dle EDR_J jeefueolb tdl rlojii
`e Jukust fn 877;, Nfrb wjs uejhil
ofmpiltl mjey rlpj`rs hlojusl fn
`esunn`o`let pjrts jeb fnnlrlb tf b`sofe-
elot tdl oru`sl ofetrfi systlm js je
`etlr`m n`x. Nfrb `s efw prlpjrlb tf
`estjii j nuslb w`r`ek djrelss `etf tdl
spllb ofetrfi lilotr`oji o`rou`t fr tf
rlpijol tdl spllb ofetrfi bljot`vjt`fesystlm `n `t `s nfueb tf hl ilja`ek.
@e tdl ijtlst jeefueolmlet, Nfrb
blsor`hlb tdl rlojii js vfiuetjry, hut
`t wjrelb ofesumlrs eft tf usl tdl
spllb ofetrfi systlm `e j rlojiilb
vld`oil uet`i tdl rlpj`rs jrl ofmpiltl.
EDR_J djs wjrelb fwelrs fn Nfrb
ojrs jeb truoas tdjt ojrry tdl blnlot`vl
spllb ofetrfi systlm tf djvl tdl
vld`oil rlpj`rlb fr tdl systlm b`sofe-
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elotlb `mmlb`jtliy fr r`sa tdl vld`oil
ojtod`ek n`rl. [l djvl j i`st fn Nfrbs
mfst rlolet i`st fn rlojiilb ojrs jeb
truoas.Rdl EDR_J jbv`sfry ojut`felb3
Rd`s ofeb`t`fe mjy foour l`tdlr
wdle tdl vld`oil `s pjralb fr
wdle `t `s hl`ek fplrjtlb, lvle `n
tdl spllb ofetrfi `s eft `e usl.
Nj`iurl tf djvl tdl sw`tod b`sofe-elotlb ofuib iljb tf j vld`oil n`rl
jt jey t`ml, wdltdlr fr eft tdl
aly `s `e tdl `ke`t`fe, jeb
wdltdlr fr eft fwelrs usl tdl
oru`sl ofetrfi systlm.
EDR_J ofeoiublb tdjt tdl n`rl
bjeklr `s prlslet rlkjrbilss fn tdl jkl
fn tdl vld`oil. Nfrb ojr jeb truoa
fwelrs wdf djvl l`tdlr eft dljrb fn
tdl rlojii fr nj`ilb tf rlqulst tdl ellb
rlpj`rs ofet`eul tf rlpfrt n`rls, sfmlw`td blvjstjt`ek ofeslquleols. Nfrb
truoa jeb _\^ fwelrs wjet`ek mfrl
`enfrmjt`fe jhfut tdl n`rl bjeklr `e
tdl`r vld`oil fr tdl rlojii mjy ofetjot
Nfrb jt :-477-?08-?>;? fr EDR_J :-
444-?8;-28?> (RRP :-477-282-0:
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lclot`fe fn fooupjets,@@D_ sj`b.
Rdl [rjekilr jeb Odlvrfilt
Lqu`efx, jisf j 8774 mfbli, wlrl tdl
feiy twf vld`oils tlstlb w`tdfut stje-
bjrb s`bl j`rhjks.Rdl Cllp Wjtr`ft bfls
djvl stjebjrb ourtj`e j`rhjks, hut jbb`-
t`feji tfrsf j`rhjks bls`kelb tf
prftlot je fooupjets odlst jeb
jhbfmle jrl fpt`feji. [dle s`bl
j`rhjks jrl fpt`feji, tdl @est`tutls
pfi`oy `s tf tlst w`tdfut tdl fpt`fe
hlojusl td`s `s dfw mfst fn tdl vld`-
oils w`ii hl sfib.Klelrji Mftfrs b`bet
rlqulst j slofeb tlst fn tdl Lqu`efx,
jisf sfib js tdl Wfet`jo Rfrrlet.
Ourtj`e j`rhjks w`ii hl stjebjrb `e tdl
8770 Lqu`efx,jeb tdjt vld`oil w`ii hl
tlstlb ijtlr td`s yljr. @t wjs pf`etlb fut
hy Iueb tdjt s`eol Klelrji Mftfrs
b`bet jsa tdl @est`tutl tf tlst tdl 8774
Lqu`efx w`td `ts fpt`feji s`bl j`rhjks,
wl djvl tf jssuml `t mljes KM b`bet
lxplot `t tf plrnfrm muod hlttlr, lvle
w`td tdl fpt fe.
Odrysilr b`bet rlqulst jeftdlr tlst
fn tdl [rjekilr w`td tdl fpt`feji s`bl
j`rhjks, hut tdl jutfmjalr b`b rlqulst
j slofeb tlst fn tdl Cllp Wjtr`ft w`td
fpt`feji tfrsf j`rhjks. [dle tlstlb
w`td tdl stjebjrb ourtj`e j`rhjks feiy,
tdl Wjtr`ft ljrelb tdl slofeb-ifwlst
rjt`ek fn mjrk`eji.[d`il tdl ourtj`es
b`b j kffb cfh fn allp`ek tdl br`vlrjeb rljr pjssleklr bumm`ls dljbs
nrfm hl`ek struoa hy tdl hjrr`lr fr
djrb struoturls `es`bl tdl vld`oil,
nfrols fe tdl br`vlr bummy `eb`ojtlb
tdjt r`h nrjoturls jeb `etlreji frkje
`ecur`ls wfuib hl i`aliy `e j rlji-wfrib
orjsd fn td`s slvlr`ty, joofrb`ek tf @@D_.
@e tdl slofeb s`bl tlst fn tdl Wjtr`ft
w`td tdl fpt`feji sljt-mfuetlb tfrsf
j`rhjks, tdl vld`oils rjt`ek `mprfvlb
tf kffb.
_furol3 @esurjeol Cfureji
T.
MJ__ RFXR_
\WBJRL
F\XN@XMDJ_J ODJER@T[LH_@RL
@e rlspfesl tf j eumhlr fn rlolet
rlpfrts fn slr`fus s`bl lnnlots jssfo`-
jtlb w`td tdl stfp-smfa`ek mlb`ojt`fe
Odjet`x, fur n`rm djs ijueodlb j wlh
s`tl tdjt futi`els tdl prfhilms jssfo`-
jtlb w`td tdl bruk, mjeunjoturlb hy
Wn`zlr. Rdl wlh s`tl, www.odjet`x-
ilkji.ofm, prfv`bls enfrmjt`fe tf dlip
pjt`lets `blet`ny r`sas jssfo`jtlb w`td
Odjet`x. _oftt Rdfmjs, B`rlotfr fn
@etlrelt _lrv`ols nfr Hljsily Jiile,
rlpfrts3
Odjet`x `s hl`ek mjraltlb js j
m`rjoil bruk tdjt djs tdl pftlet`ji
tf dlip m`ii`fes fn smfalrs hrlja
tdl`r jbb`ot`fe tf e`oft`el, hut wl
jrl hlk`ee`ek tf sll j bjralr
s`bl. Elw rlsljrod sukklsts j i`ea
hltwlle Odjet`x jeb su`o`bl,
dfm`o`bji tdfukdts, dljrt trfuhil,
psyodfs`s, b`jhltls, _tlvles-Cfdesfe
_yebrfml jeb lvle i`vlr nj`iurl.
[l djvl hlle wjtod`ek Odjet`x
vlry oifsliy fvlr tdl pjst yljr jeb
nlit tdl puhi`o wfuib hl hlst slrvlb
hy j wlhs`tl blb ojtlb tf prfv`b-
`ek ljsy joolss tf td`s elw `enfr-
mjt`fe.
_`eol `ts jpprfvji `e 877> js j
smfa`ek-olssjt`fe j`b, Odjet`x (vjrle`-
oi`el) djs hlle prlsor`hlb tf mfrl
tdje 2 m`ii`fe pjt lets. Js ljriy js
Efvlmhlr 877;, tdl NBJ `ssulb je
Ljriy Ofmmue`ojt`fe tf tdl puhi`o jeb
dljitd ojrl prfv`blrs, jeefueo`ek `t
wjs `evlst`kjt`ek rlpfrts fn jbvlrsl
lvlets, `eoiub`ek odjekls `e hldjv`fr,
jk tjt`fe, blprlsslb mffb, su`o`bji
`bljt`fe jeb jotuji su`o`bji hldjv`fr.
Fe Nlhrujry :, 8774, tdl NBJ ssulb
j Wuhi o Dljitd Jbv`sfry fe Odjet x
rlqulst`ek tdl mjeunjoturlr jbb elw
sjnlty wjre`eks.@e Mjy, tdl Nlblrji Jv`-
jt`fe Jbm`e`strjt`fe hjeelb `ts p`ifts
jeb j`r trjnn`o ofetrfiilrs nrfm us`ek
Odjet`x js j rlsuit fn jbvlrsl lvlet
rlpfrts.Rdl NBJ djb mfrl joofuets fn
slr`fus s`bl lnnlots t`lb tf Odjet`x `e
tdl nfurtd qujrtlr fn 877; tdje nrfm
jey ftdlr bruk.@n yfu ellb mfrl `enfr-
mjt`fe yfu oje ofetjot Nrjea [ffbsfe
jt 477-404-87?2 fr hy lmj`i jt
Nrjea.[ffbsfeGhljsilyjiile.ofm.
JORJ @_RFRF[JXLOJII_MFXLRDJE>%,
tf $28; m`ii`fe. @ts lst mjtlb tdjt tdl
elw ijhli ofuib rlbuol tdl usl fn
Jrjelsp nfr ojeolr pjt`lets `e td`s
ofuetrytdl bruk `s jisf uslb hy
plfpil w`td a`bely b`sljslhy je
jbb`t`feji 27%.
Rdl ijhlis nfr tdl bruks djvl jirljby
hlle odjeklb j nlw t`mls s`eol elw
sjnlty ofeolres jrfsl ljriy ijst yljr.
Rdl NBJ jeb Jmkle djvl hlle elkft`-
jt`ek tdl ijtlst odjekls s`eol tdl jbv`-
sfry ofmm`ttll e Mjrod rlofmmleblb
nurtdlr rlstr`ot`fes fe usl fn tdl bruks.
[d`il tdl ofmpjey jeb tdl jkleoy
jkrllb fe mfst fn tdl ijekujkl
odjekls, tdlrl wlrl sfml pf`ets fe
wd`od tdly ofuib eft rljod jkrllmlet.
Jppjrletiy, feiy tdle b`b tdl NBJ
`evfal `ts elw jutdfr`ty tf frblr tdl
odjekls. Jmkle djb wjetlb j muod
wljalr ijhli.
_furol3 Elw Pfra R`mls
OFEKXL__@FEJIOFMM@RRLLOFERJOR_[PLRDF LXOFERXF^LX_@JIWLRBX\K
Iljblrs fn j pfwlrnui Dfusl ofmm`t-
tll slet j ilttlr tf [yltd ijst mfetd
jsa`ek tdl ofmpjey tf bltj`i wdy j
ofetrfvlrs`ji `ekrlb`let `e j bruk uslb
tf trljt dljrtwfrm `e bfks `s hl`ek
tlstlb `e dumjes w`td r`vlr hi`ebelss
`e Jnr`oj. Blmforjt`o iljblrs fn tdl
Dfusl Ofmm`ttll fe Lelrky jeb Ofm-mlrol jrl `evlst`kjt`ek wdy mfx`blot`e,
tdl jot`vl `ekrlb`let `e WrfDljrt >, `s
hl`ek tlstlb `e dumjes blsp`tl tdl
bruk djv`ek hlle puiilb fnn tdl mjralt
`e 8772 jm`b rlpfrts tdjt ofuib hl jiifwlb hjoa `e
tdl \._. tf trljt dljrtwfrm `e bfks,
tdfukd b`str`hut`fe fn tdl prfbuot
wfuib hl rlstr`otlb.Js yfu mjy aefw,dljrtwfrm `s j pjrjs`tl tdjt jnnlots m`i-
i`fes fn bfks. _lejtfr Oduoa Krjssily
djb jsalb tdl NBJ `e Cuel wdy tdl
bruk wjs jiifwlb hjoa `e tdl \._.
@t jppljrs tdjt [yltd `s tlst`ek mfx-
`blot`e `e plfpil `enlotlb w`td j pjrj-
s`tl tdjt ojusls r`vlr hi`ebelss,j mjcfr
ojusl fn hi`ebelss `e [lst Jnr`oj.
[yltd sjys jhfut j blojbl jkf tdl
[frib Dljitd Frkje`zjt`fe jpprfjodlb
tdl ofmpjey tf sll wdltdlr mfx-
`blot`e ofuib dlip a`ii tdl wfrms tdjt
trjesm`t r`vlr hi`ebelss hltwlle
plfpil.Joofrb`ek tf rlpfrts, tdl tr`jis
jrl hl`ek ofebuotlb `e ofiijhfrjt`fe
w`td tdl _plo`ji Wrfkrjmml nfr
Xlsljrod jeb Rrj`e`ek `e Rrfp`oji B`s-
ljsls, wd`od `s spfesfrlb hy tdl
\e`tlb Ejt`fes Od`ibrles Nueb,\e`tlb
Ejt`fes Blvlifpmlet Wrfkrjmml,
[frib Hjea, jeb tdl [DF.[yltd sjys
tdl sjnlty prfn`il fn tdl bruk djs ofe-
t`eulb tf hl pfs`t`vl, s`eol `t wlet fe
tdl mjralt `e Cuel.
_furol3Bfw Cfels Elwsw rls
BX\KMJALX_XLWFXROJ_L_FNHXJ@EB@_LJ_L
H`fkle @blo jeb Lije Ofrpfrjt`fedjvl rlpfrtlb twf ojsls fn j rjrl hrj`e
b`sljsl `e pjt`lets trljtlb w`td Rysjhr`,
wd`od `s tdl ofmpje`ls muit`pil soil-
rfs`s bruk. Rdl ojsls fn prfkrlss`vl
muit`nfoji iluafleolpdjifpjtdy wlrl
b`soifslb `e j n`i`ek w`td tdl _lour`t`ls
jeb Lxodjekl Ofmm`ss`fe. Rysjhr`,
wd`od `s prfbuolb jeb b`str`hutlb `e
je jii`jeol hltwlle tdl twf ofmpj-
e`ls, wjs w`tdbrjwe nrfm tdl mjralt
`e 877< jntlr tdrll oi`e`oji uslrs fn tdl
bruk ofetrjotlb tdl hrj`e b`sljsl, jebtwf b`lb. Hut Lije jeb H`fkle djb
rlpfrtlb ef elw ojsls s`eol Rysjhr`s
rlture tf tdl mjralt ueblr rlstr`otlb
ofeb`t`fes `e Cuel 877>.
Rdl tdrll ojsls `e 877< `evfivlb
pjt`lets wdf wlrl s`muitjelfusiy
tja`ek jeftdlr bruk tf n`kdt muit`pil
soilrfs`s. @t sdfuib hl eftlb tdjt suod
ofmh`elb tdlrjpy djs hlle hjeelb
s`eol 877
8/9/2019 The Jere Beasley Report, Sep. 2008
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lofefm`o lxplrts jeb nfueb Jhhftt
rj`slb tdl pr`ol fn tdl bruk tf st`nil
ofmplt`t`fe, tdl ofmpjey wfuib djvl
njolb js muod js $: h`ii`fe `e bjmjkls.
Rdl bruk,Efrv`r, `s j aly ofmpfelet `e
slvlrji `mpfrtjet ofoatj`is ofetj`e`ek
bruks mjbl hy r`vjis tf trljt tdl
b`sljsl. Fe Blolmhlr ?, 877?,Jhhftt
`eorljslb tdl pr`ol fn Efrv`rs jvlrjkl
bj`iy ofst plr pjt`let nrfm $:.;: tf
$4. m`ii`fe `e sjils mjbl up
jhfut 47% fn Jmyi`es tftji rlvleul ijst
yljr.Rdl bruk joofuetlb nfr cust ?% fn
Li` I`iiys sjils.
_furol3 Jssfo`jtlb Wrlss
XLOLERNBJ JOR@FE
Xloletiy, tdl NBJ djs tjale jot`fe
w`td rlsplot tf j eumhlr fn pdjrmj-
olut`ojis jeb bruk prfbuots. Rdlsl
jot`fes jeb tdl bruks `evfivlb `eoiubl3
XlkrjelxJ hfxlb wjre`ek tdjt
tdl usl fn td`s prfbuot mjy `eorljsl
tdl r`sa fn ojeolr-rlijtlb bljtds.
Xlkrjelx (hlojpilrm`e) `s j tfp`oji
jklet uslb tf trljt olrtj`e b`jhlt`o
nfft jeb ilk uiolrs. Hjslb upfe lx`st-
`ek stub`ls, tdl NBJ bltlrm`elb tdjtpjt`lets wdf usl tdrll fr mfrl
tuhls fn td`s prfbuot djvl j n`vl
t`mls krljtlr r`sa fn by`ek nrfm
ojeolr ofmpjrlb tf pjt`lets wdf bf
eft usl tdl bruk.Rdl NBJ ojut`fes
tdjt nurtdlr stuby `s ellblb tf bltlr-
m`el wdltdlr elw ojeolr rjtls mjy
lx`st nrfm usl fn tdl prfbuot. Rdl
hfxlb wjre`ek splo`n`ojiiy stjtls
tdjt tdl prfbuot sdfuib feiy hl uslb
wdle tdl hleln`ts futwl`kd tdl r`sas
jeb sdfuib hl uslb w`td krljtlrojut`fe `e pjt`lets w`td aefwe
mji`kejeo`ls.
Oliiolpt jeb Mynfrt`oJe jbv`-
sfry wjs `ssulb tf dljitdojrl prfnls-
s`fejis, `enfrm`ek tdlm tdjt tdl usl
fn tdlsl prfbuots djs hlle sdfwe tf
`eorljsl tdl r`sa fn nltji djrm wdle
wfmle hlofml prlkejet. Oliiolpt
(myofpdlefijtl mfnlt`i) jeb Mynfr-
t`o (myofpdlefi`o jo`b) jrl `mmuef-
supprlssjet bruks. Mynfrt`o djs hllejpprfvlb tf prlvlet a`bely trjes-
pijet rlclot`fe, wd`il Oliiolpt djs
hlle jpprfvlb tf prlvlet dljrt, i`vlr
jeb a`bely trjespijet rlclot`fe.
Rdlsl bruks jrl jisf uslb hy sfml `e
fnn-ijhli jppi`ojt`fes tf trljt
`mmuel-mlb`jtlb ofeb`t`fes suod js
iupus jeb lrlytdlmj muit`nfrml.J
wjre`ek djs hlle jbblb tf tdl ijhli
jhfut tdlsl pftlet`ji r`sas.
82 www.HljsilyJiile.ofm
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25/52
REN HifoalrsRdl NBJ djs `ssulb
je jbv`sfry tf dljitdojrl prfnlss`fe-
jis tdjt bruks tdjt hifoa tumfr
elorfs`s njotfr (REN) mjy hl jssfo`-
jtlb w`td tdl blvlifpmlet fn iym-
pdfmj jeb ftdlr ojeolrs `e od`ibrle
jeb yfuek jbuits.Rdl REN hifoalrs
`e qulst`fe eoiubl Xlm`ojbl (`eni`x-
`mjh), Lehrli (ltjelrolpt), Dum`rj
(jbji`mumjh) jeb O`mz`j (olr-
tfi`zumjh plkfi). Rdlsl bruks jrl
ofmmfeiy uslb tf trljt cuvle`il `b`f-
pjtd`o jrtdr`t`s, Orfdes b`sljsl, jeb
ftdlr `enijmmjtfry ofeb`t`fes.Rdl
bruk ijhli prlv`fusiy wjrelb fn tdl
r`sa fn ojeolr. @t jppljrs tdjt tdl ?7
fr sf rlpfrts rlol`vlb hy tdl NBJ tf
bjtl wlrl `e pjt`lets ueblr tdl jkl
fn :4 wdf wlrl ofeofm`tjetiy
tja`ek ftdlr `mmuefsupprlssjet
jklets, suod js mltdftrlxjtl jeb jzj-td`fp`el. Rdl NBJ `s ofet`eu`ek `ts
`evlst`kjt`fe jeb lst`mjtls tdjt `t
w`ii tjal jhfut s`x mfetds tf bltlr-
m`el `n tdlrl `s sunn`o`let lv`bleol tf
lstjhi`sd j ojusjt`vl ofeelot`fe.
WDJXMJOL\R@OJIOFMWJE@L_M\_RRJALXL_WFE_@H@I@RP
Rdl hiffb td`eelr dlpjr`e `s fel fn
tdl mfst ofmmfeiy-uslb bruks `e
Jmlr`oj. @ts uslb bj`iy `e dfsp`tji sur-klr`ls jeb nfr a`bely b`jiys`s pjt`lets.
Hut j sjnl suppiy fn td`s or`t`oji bruk nlii
`etf clfpjrby ijst w`etlr `e j ojtjstrf-
pdl tdjt `iium`ejtlb slvlrl prfhilms
ojuslb hy tdl njot tdjt mfst `ekrlb`lets
nfr Jmlr`oje bruks efw ofml nrfm
nfrl`ke sfurols. \enfrtuejtliy, tdlsl
sfurols jrl eft hl`ek jblqujtliy mfe`-
tfrlb hy l`tdlr tdl pdjrmjolut`oji
`ebustry fr tdl Nffb jeb Bruk Jbm`e`s-
trjt`fe.Joofrb`ek tf tdl NBJ,jt iljst
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:00
m`ii`fe `e stfoa ifssls. @e tdl Ofhh su`t,
tdl pij`et`nns,tdl`r pjrtelrsd`ps jeb tdl
trusts joouslb WwO jeb tdl Mjr`elr
lxlout`vls fn nrjub,hrljod fn n`buo`jry
buty, prfnlss`feji elki`kleol,elki`klet
m`srlprlsletjt`fe jeb rjoaltllr`ek.
Rdly sfukdt mfrl tdje $277 m`ii`fe
jeb tdl hje`sdmlet fn WwO nrfm bf`ek
hus`elss e Klfrk`j. Mjr`elr lxlout vls
wlrl oiljrlb fn o`v`i i`jh`i`ty hy tdl
cury.Rdl su`t oij`mlb tdjt Wr`olwjtlr-
dfuslOffplrs prlblolssfr, Offplrs &
Iyhrjeb, djb klelrjtlb `ejoourjtl
n`ejeo`ji rlpfrtshftd hlnfrl jeb
jntlr tdl mlrklrtdjt fvlrstjtlb
Mjr`elrs ljre`eks jeb ueblrstjtlb tdl
ofmpjeys i`jh`i`t`ls.Rdfsl jiilklb m`s-
stjtlmlets, joofrb`ek tf tdl pij`et`nns,
ofev`eolb tdlm tdl mlrklr wfuib hl
prfn`tjhil jeb tdl lxpjeb`ek hus`elss
wfuib ofet`eul tf mjal mfely.Offplrs & Iyhrjeb jeb Wr`ol [jtlr-
dfusl ijtlr mlrklb tf nfrm Wr`olwjtlr-
dfuslOffplrs. [d`il jwjrb`ek $:7
m`ii`fe tf tdl njm`iy trustsjeb $:
ljod tf tdl `eb`v`buji Wij`et`nns jeb
tdl`r twf i`m`tlb i`jh`i`ty pjrtelr-
sd`pstdl cury nfueb nfr WwO fe tdl
nrjub jeb rjoaltllr`ek oij`ms.J hrljod
fn n`buo`jry buty oij`m jkj`est tdl
joofuet`ek n rm djb jirljby hlle b`s-
m`sslb.Rdl cury jisf rlclotlb oij`ms fn
rjoaltllr`ek, nrjub,hrljod fn n`buo`jrybuty jeb elki`klet m`srlprlsletjt`fe
jkj`est tdl Mjr`elr lxlout`vls.
Wr`olwjtlrdfuslOffplrs jppljilb
tdl sfil oij`m tdjt tdl cury djb jiifwlb
tf stjeb, slla`ek rli`ln nrfm tdl $:7
m`ii`fe cubkmlet. @e tdjt jpplji,
ijwylrs nfr tdl joofuet`ek n`rm jrkulb
tdjt tdl trustll nfr tdl Aliiltt njm`iy
trusts,wdf wjs tdl iljb pij`et nn, b`bet
prlslet jey lv`bleol tf prfvl oij`ms
tdjt tdl Wij`et nns `etlrlsts rli`lb fe
jiilklb m`srlprlsletjt`fes hy WwO
jhfut Mjr`elrs n`ejeo`ji ofeb`t`fe.Rdl
jppljis ofurt b`sjkrllb.
_furol3 Ijw.ofm
DLBKLN\EB__\HWFLEJLB@E_LO WXFHL
Rdl _lour`t`ls jeb Lxodjekl Ofm-
m`ss`fe djs slet suhpflejs tf mfrl
tdje
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b`sm`ssji wjs slet hjoa tf tdl tr`ji
ofurt.
_furol3 Rdl Cub`o`ji ^`lw
WN@SLXRF_LRRILI@W@RFX-XLIJRLB_\@R
Wn`zlr @eo. djs jkrllb tf slttil i`t`kj-
t`fe w`td Ojejb`je klelr`o bruk mjalr
Jpftlx @eo. rlijtlb tf Wn`zlrs odfils-tlrfi bruk I`p`tfr. Ef bltj`is wlrl prf-
v`blb hy Wn`zlr hut tdl ofmpjey sj`b
tdl slttilmlet, wd`od `s suhclot tf
sfml ofeb`t`fes, wjs s`kelb `e Cuiy.
Wn`zlr djs hlle `evfivlb `e j pjtlet i`t`-
kjt`fe w`td Jpftlx tf prlvlet tdl
slii`ek fn j klelr`o vlrs`fe fn I`p`tfr `e
Ojejbj. Jpftlx wjs tdl feiy ourrlet
odjiileklr tf I`p`tfr `e Ojejbj.
Wn`zlr rloletiy slttilb pjtlet-
`enr`eklmlet i`t`kjt`fe w`td @eb`js
Xjehjxy Ijhfrjtfr`ls Itb. tdjt `s`etleblb tf allp j klelr`o vlrs`fe fn
I`p`tfr fnn tdl \._. mjralt uet`i
Efvlmhlr 87::. Rd`s wfuib hl 87
mfetds ijtlr tdje sfml djb lxplotlb.
Rdl jkrllmlet blijys Xjehjxys
klelr`o vlrs`fe fn I`p`tfr jeb `s lst`-
mjtlb tf hl wfrtd h`ii`fes fn bfiijrs `e
jbb`t`feji sjils nfr Wn`zlr. Nfr yfur
`enfrmjt`fe, I`p`tfr sjils tftjilb $:8.;
h`ii`fe `e 877;.Rf quji`ny js j hifoa-
hustlr bruk, j bruk djs tf hr`ek `e jt
iljst $: h`ii`fe jeeujiiy nfr j ofmpjey._f `ts lv`blet I`p`tfr `s trlmlebfusiy
`mpfrtjet tf Wn`zlr.
_furol3 [jii _trllt Cfureji
IJ[_\@RRDXLJRLE__JXHJEL_-FTILPJOR
@e 8778, Ofekrlss pjsslb j ijw j`mlb
jt pue`sd`ek ofrpfrjt`fes nfr puhi`sd-
`ek njisl `enfrmjt`fe `e tdl`r n`ejeo`ji
stjtlmlets. Xlkrlttjhiy, tdl nuturl fn
td`s ijw, aefwe js tdl _jrhjels-FxilyJot (_FT), `s efw `e clfpjrby. Je
joofuet`ek n`rm djs n`ilb j ijwsu`t `e j
[jsd`ektfe BO nlblrji ofurt qulst`fe-
`ek tdl ijws ofest`tut`feji`ty.Rd`s ijw
`s lsslet`ji tf tdl ejt`fes ellb nfr
joourjtl jeb dfelst ofrpfrjtl rlpfrts
jeb Ofekrlss ofuib rlsoul _FT hy
rlv`s`ek `t.Rd`s ijw `s jisf `mpfrtjet
hlojusl lmpifyll sdjrldfiblrs jeb
rlkuijr `evlstfrs ji`al, rliy fe tdlsl
stjtlmlets wdle bltlrm`e`ek dfw
muod fn tdl`r rlt`rlmlet sjv`eks tf
`evlst `e pjrt`ouijr ofmpje`ls.
Ofekrlss pjsslb _jrhjels-Fxily `e
8778 jntlr tdl Lerfe jeb [fribOfm
nrjubs,wd`od wlrl joofmpje`lb hy tdl
Jblipd`j Ofmmue`ojt`fes, Kifhji
Orfss`ek,Dljitd_futd,jeb Ryof @etlrej-
t`feji nrjubs, js wlii. Bur`ek tdfsl
yljrs, tdl joofuet`ek `ebustry wjs sup-
pfslbiy rlkuijt`ek `tslin nfr jub`t
quji ty jeb `etlkr`ty. @e prjot`ol,
joofuetjets wlrl wfra`ek djeb `e
djeb w`td tdl ofrpfrjtl odljtlrs `e
rlture nfr iuorjt`vl ofesuit`ek nlls._jr-
hjels-Fxily slt up tdl Wuhi`o Ofmpjey
Joofuet`ek Fvlrs`kdt Hfjrb (WOJFH)
tf orljtl hlttlr ofrpfrjtl jub`t`ek stje-
bjrbs jeb pfi`ol tdl`r quji`ty. @t mjbl
ftdlr sles`hil odjekls, tff, `eoiub`ek
ledjeolb rlqu`rlmlets nfr jub`t`ek j
ofmpjeys `etlreji n`ejeo`ji ofetrfis
jeb `es`st`ek tdjt od`ln lxlout`vls jeb
od`ln n`ejeo`ji fnn`olrs olrt`ny tdl n`eje-
o`jis js joourjtl. Nfr `estjeol, tdl ijw
dfibs od`ln lxlout`vls joofuetjhil nfr
tdl joourjoy fn ofrpfrjtl rlpfrt`ek jeb
slts fut or`m`eji sjeot`fes jeb dljvy
n`els nfr njisl rlpfrtlrs.
Rdl ilkji odjiilekl tf WOJFH s tlod-
e`oji, djv`ek tf bf w`td wdltdlr j ofr-
pfrjt fes prls`blet rjtdlr tdje tdl_lour`t`ls jeb Lxodjekl Ofmm`ss`fe
sdfuib jppf`et ofrpfrjtl hfjrb
mlmhlrs.Rdl pij`et`nn `e tdl ijwsu`t,
Hloastljb & [jtts, j smjii joofuet`ek
n`rm `e Dleblrsfe,Elvjbj,jub`ts ofm-
pje`ls trjb`ek fe tdl Fvlr tdl Ofuetlr
Huiilt`e Hfjrb Lxodjekl. @e 8772,
WOJFH rlv`lwlb Hloastljbs jub`ts
jeb nfueb tdjt, `e l`kdt ojsls, tdl n`rm
b`b eft fhtj`e sunn`o`let ofmpltlet
lv`blet`ji mjttlr tf suppfrt `ts fp`e`fe
fe tdl `ssulrs n`ejeo`ji stjtlmlets.Hloastljb b`sjkrllb, tdl hfjrb `est`-
tutlb nfrmji prfollb`eks jkj`est tdl
n`rm,jeb j ijwsu`t wjs n`ilb.
Rdl ijwsu`t qulst`fes wdltdlr tdl
WOJFH orljtlb hy _jrhjels-Fxily tf
oilje up tdl Lerfe-tj`etlb jub`t`ek
prfnlss`fe s ofest`tut`feji. Hloastljb
jsalb tdl nlblrji ofurt tf oljsl tdl
joofuet`ek fvlrs`kdt hfjrbs fplrj-
t`fes,upfe dfib`ek j pfrt`fe fn tdl Jot
ueofest`tut`feji. @n tdl nlblrji ofurt
n`ebs fel fn tdl jots prfv`s`fes tf hl
ueofest`tut feji, tdl wdfil ijw `s s`bl-
i`elb. Rdjts hlojusl tdl ijw ijoas j
slvlrjh`i`tyoijusl.
@e tdlfry, Ofekrlss ofuib rlspfeb
cust hy odjek`ek tdl struoturl fn
WOJFHs hfjrb.Dfwlvlr, sdfuib Ofe-
krlss eft jot jeb tdl nlblrji ofurt bfls
str`al bfwe WOJFH, `t ofuibet ofml
jt j wfrsl t`ml nfr `evlstfrs.Rdl n`eje-
o`ji or`s`s i`ealb tf suhpr`ml ifjes ilnt
tdl vjiujt`fe fn tr`ii`fes fn bfiijrs fn
slour t`ls `e bfuht. Eftd`ek `s mfrl
`mpfrtjet tf tdl nueot`fe`ek fn Jmlr`-
oje mjralts tdje lesur`ek tdjt `ts djrb-
wfra`ek o`t`zles oje trust tdl
ofrpfrjtl n`ejeo`ji stjtlmlets tdjt
tdl`r rlt`rlmlet jeb sjv`eks joofuets
`evlst `e jeb rliy upfe.
@n tdl ofurt suppfrts WOJFH, Hloa-
stljb mjy jpplji tf tdl \e`tlb _tjtls
_uprlml Ofurt. [`td tdl mjalup fn
tdl ourrlet Ofurt, uenfrtuejtliy td`s
mljes tdjt _jrhjels-Fxily st`ii wfet
hl fut fn tdl wffbs.[l w`ii wjtod td`s
ojsl w`td krljt `etlrlst.
_furol3 Rdl [jsd`ektfe Wfst
ODXP_ILX_\L_HJRRLXP_\WWI@LX
Odrysilr IIO djs n`ilb j ijwsu`t `e jM`od`kje ofurt jiilk`ek suppi`lr
Cfdesfe Ofetrfis @eo. odjrklb `enijtlb
pr`ols nfr hjttlr`ls.Rdl su`t, n`ilb ijst
mfetd `e tdl Fjaijeb Ofuety o`rou`t
ofurt, `s tdl ijtlst s`ke fn r`s`ek tles`fe
hltwlle Odrysilr jeb pjrts suppi`lrs
s`eol tdl jutf mjalr wjs joqu`rlb hy
pr`vjtl- evlstmlet n`rm Olrhlrus
Ojp`tji Mjejklmlet IW cust fvlr j yljr
jkf. Odrysilr sllas mfrl tdje $: M@II@FEHJBNJ@RDJ[JXBJKJ@E_RJII_RJRL
Jiistjtl @esurjeol Of. djs ifst `ts
jpplji fn j $:> m`ii`fe cubkmlet
jkj`est `t nfr eft sltti`ek j oij`m nfr tdl
$
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krlss`vl `s tdl nfurtd-ijrklst jutf
`esurlr `e Jijhjmj, w`td jhfut ;% fn
tdl mjralt.Rdl blv`ol rlofrbs tdl t`ml
fn bjy tdl ojr s br`vle, tdl eumhlr fn
m`ils br`vle jeb `ts spllb. Rdl
ofmpjey usls tdl `enfrmjt`fe tf bltlr-
m`el, jmfek ftdlr td`eks, wdltdlr j
br`vlr djs j tlebleoy tf joolilrjtl tff
qu`oaiy fr sijm fe tdl hrjals. @e frblr
tf pjrt`o`pjtl, tdl oustfmlrs ojr must
djvl j b`jkefst`o pfrt ueblr tdl bjsd,
j nljturl fe mfst ojrs mjeunjoturlb
s`eol :00>. Mfst mfblre ojrs jirljby
djvl s`m`ijr blv`ols `estjiilb hy tdl
mjeunjoturlrs, hut tdly rlofrb b`nnlr-
let `enfrmjt`fe, suod js hrjal stjtus
hlnfrl je `mpjot, jeb mfst bf eft
trjesm`t bjtj.
_furol3 H`rm`ekdjm Elws
JMLX@KXF\WIJ[_\@R_LRRILBNFX$88
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tji rlkuijtfrs sf ifek tf rlji`zl td`eks
wlrl kf`ek hjbiy nfr tdl mfrtkjkl
`ebustry.
_furol3 Ofrpfrjtl Or`ml Xlpfrtlr
OF\ERXP[@BL_\LBHPJEFRDLX_RJRLF LX@R_ILEB@EKWXJOR@OL_
Ofeelot`out `s tdl ijtlst stjtl tf n`ilsu`t jkj`est Ofuetryw`bl N`ejeo`ji
Ofrp. fvlr `ts ileb`ek prjot`ols. _tjtl
Jttfrely Klelrji X`odjrb Hiumletdji
jiilkls tdjt Ofuetryw`bl m`silb hfr-
rfwlrs `etf tja`ek fe r`say dfml ifjes
tdly ofuib eft jnnfrb. Oji`nfre`j, @ii`-
ef`s, Nifr`bj jeb tdl o`ty fn _je B`lkf
djvl mjbl s`m`ijr oij`ms `e tdl`r fwe
ijwsu`ts jkj`est tdl ofmpjey. Js wl
djvl rlpfrtlb, Ofuetryw`bl wjs tdl
ejt`fes ijrklst mfrtkjkl fr`k`ejtfr
hlnfrl `ts d`kdiy qulst`fejhil ileb`ekprjot`ols ilb tf tdl rjsd fn hjb ifjes. @e
njot, tdl mfrtkjkl ileblr djs hlle
hijmlb nfr dlip`ek tf ojusl tdl
ejt`fes mfrtkjkl mlitbfwe.Rdl Jttfr-
ely Klelrjis fnn`ol jeb Ofeelot outs
blpjrtmlets fn Hjea`ek jeb Ofesumlr
Wrftlot`fe jrl tdl pij`et`nns `e tdl
ijwsu`t wd`od wjs n`ilb `e stjtl ofurt.
Rdl ofmpjey v`fijtlb stjtl ofesumlr
prftlot`fe jeb hjea`ek ijws jeb
odjrklb uecust`n`lb nlls tf dfmlfwe-
lrs wdf blnjuitlb, joofrb`ek tf jiilkj-t`fes `e tdl ofmpij`et.Js dl n`ilb tdl
su`t,Jttfrely Klelrji X`odjrb Hiumle-
tdji stjtlb3
Ofuetryw`bl ofeelb dfmlfwe-
lrs `etf mfrtkjkls tdly s`mpiy
ofuib eft jnnfrb.Duebrlbs, pfss`-
hiy tdfusjebs, fn Ofeelot`out
dfmlfwelrs jrl jnnlotlb.
I`al Ofeelot`out, tdl ftdlr stjtls
su`ek Ofuetryw`bl wjet tdl ofmpjey
tf pjy rlst`tut`fe tf hfrrfwlrs wdf
ifst tdl`r dfmls fr pj`b lxolss`vl nlls.
[dle dfmlfwelrs blnjuitlb fe tdl`r
Ofuetryw`bl ifjes, tdl ofmpjey
huii`lb tdlm `etf rlpjymlet pijes
aefwe js wfrafuts w`td lxolss`vl
nlls tdjt mjbl `t eljriy `mpfss`hil nfr
ofesumlrs tf rlpjy tdl ifjes jeb klt
fut fn tdl blht.Rdl Jttfrely Klelrji
fhslrvlb3
Ofuetryw`bl stjoalb tdl bloa jeb
tdl blji jkj`est `ts oustfmlrs.Fur
kfji `s tf uestjoa tdl bloa jeb
uebf tdl bljis, rlstfr`ek nj relss
jeb n`soji slesl tf mfrtkjkls.
Ofuetryw`bl,wd`od njols eumlrfus
ftdlr ijwsu`ts hy `eb`v`bujis rlijtlb tf
`ts ileb`ek prjot`ols, djs jisf hlle
ueblr sorut`ey hy nlblrji jutdfr`t`ls.Jnlblrji krjeb cury djs hlle `evlst`kjt-
`ek Ofuetryw`bl,Elw Oletury N`eje-
o`ji Ofrp. jeb @ebyMjo Hjeofrp @eo.
Wrfsloutfrs jrl iffa`ek `etf wdltdlr
nrjub jeb ftdlr or`mls m`kdt djvl ofe-
tr`hutlb tf tdl mfrtkjkl or`s`s tdjt ilb
tf tdl blm`sl fn jii tdrll Oji`nfre`j-
hjslb ileblrs. Rdl kfvlrefr fn tdl
stjtl fn [jsd`ektfe, Odr`s Krlkf rl,
jisf djs joouslb Ofuetryw`bl fn b`s-
or`m`ejtfry jeb prlbjtfry ileb`ek
prjot`ols tdjt tjrkltlb m`efr`ty hfr-rfwlrs, jeb fn odljt`ek [jsd`ektfe
stjtl fut fn $< m`ii`fe `e nlls. Rdjt
stjtls Blpjrtmlet fn N`ejeo`ji @est`tu-
t`fes `s slla`ek tf rlvfal Ofuetry-
w`bls i`olesl jeb `mpfsl j $: m`ii`fe
plejity nfr prlbjtfry ileb`ek prjo-
t`ols. Rdl fib sjy`ek tdjt wdle `t
rj`es`t pfurs olrtj`eiy jppi`ls tf
Ofuetryw`bl jeb `t jppljrs tdjt
ofmpjeys prfhilms jrl oiljriy slin-
`mpfslb. Rdl _LO djs lsojijtlb `ts
sorut`ey fn Ofuetryw`bl N`ejeo`ji
Ofrp. `etf j nfrmji `evlst`kjt`fe,
joofrb`ek tf j rlkuijtfry n`i`ek hy Hjea
fn Jmlr`oj Ofrp.
@e jbb`t`fe, j nlblrji hjearuptoy
cubkl djs rlclotlb j slttilmlet `evfiv-
`ek Ofuetryw`bl,sjy`ek dl wjset ofe-
v`eolb `t wjs nj`r tf eljriy ?77
hfrrfwlrs jiilklbiy durt hy tdl mfrt-
kjkl ileblrs jhus`vl prjot`ols.Rdl slt-
tilmlet ojiis nfr Ofuetryw`bl tf pjy
$?8
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rlqu`rlmlets djvl sifwlb tdl ruil-
mja`ek prfolss. Joofrb`ek tf F_DJ,
tdl jkleoy `s sleb`ek mfrl `esplotfrs
tf `ts trj`e`ek- est`tutl oijss tdjt
nfousls fe orjel sjnlty jeb frkje`z`ek
trj`e`ek lvlets w`td ifoji ue`fes jeb
`ebustry krfups. _f njr td`s yljr, mfrl
tdje 87 ofestruot`fe wfralrs djvl
b`lb `e orjel-rlijtlb joo`blets. Rdjt
n`kurl bflset `eoiubl hystjeblrs
bljtds. F_DJ lst`mjtls tdlrl jrl
0>,777 orjels uslb `e ofestruot`fe
ljod yljr `e tdl \._. Blvlifplrs jeb
ofetrjotfrs jrl ueblr `eorljslb prls-
surl tf ofmpiltl prfclots, s`eol blijys
oje hl ofstiy.
Hltwlle :008 jeb 877>, tdlrl wjs
j