Penny Press Las Vegas, NV Volume 5 Number 48 AUGUST 21, 2008 THE PENNY PRESS, AUGUST 21, 2008 PAGE 2

www.pennypresslv.com The Penny Press is published weekly by Penny Credits: 5010 Productions, Inc. All Contents © Penny Press 2008 Publisher and Editor: Contributing Editors: Letters to the Editor are encouraged. They should be Press Fred Weinberg Floyd Brown Al Thomas sent to our offices at 5010 Spencer, Las Vegas 89119. Logotype Circulation: Doug French Bill Here They can also be emailed to: [email protected] Pointedlymad Charlotte Weinberg John Getter Pat Choate No unsigned or unverifiable letters will be printed. licensed from: Rich Gast Joyce Meyer Wyatt Cox 702-740-5588 Fax: 702-920-8215 Penny Press LAS VEGAS, NEVADA 16 PAGES VOLUME 5 NUMBER 47 AUGUST 21, 2008 Choate's New Book: Watch China!

By FRED WEINBERG is rare and a gift which any college by intellect and partially by national lose their jobs to outsourcing: you Editor and Publisher student who has a term paper due trade doctrine. had a good run and if you live should appreciate. In fact, in many cases, with a through the pain, maybe you’ll do By way of full disclosure, the In his last book, Hot Property, little help from our own stupidity, well in the future but you’ll have to chances of my giving Pat Choate’s Pat explained how people in coun- they can fake us out of our jock- live through the pain as we pursue new book, Dangerous Business a tries like China steal ideas. straps—usually made in China these global profits. bad review are not very high. This book concentrates on how days and sold at Wal-Mart. China, on the other hand, follows We have been friends and busi- they directly take our money. Pat points out that the situa- a global policy of mercantilism. ness associates for more years than And it is important to note that tion we find ourselves in today is Their currency is strong, they Pat is not a China-phobe. the result of the U.S. policy of free run a positive trade balance and In fact, the first thing he points trade as opposed to fair trade which they only let foreign investment into Book Review out is that China, Inc. is not some is being espoused by a non-partisan China when it suits their interests. backward, third world country. group of multi-national companies And even when they do allow Its industries are now owned which look forward no further than foreign investment, it is allowed either of us care to count and our mostly by the government but con- their next quarter’s earnings. with an eye towards the future so views on the competence of those trolled by very smart, very efficient The resulting disruption of our that perhaps they won’t need it after in our government who masquerade and very experienced people who economy is simply not accounted they absorb all the knowledge and as international trade negotiators are would hold similar jobs in private for in negotiating today’s trade expertise they can. strikingly similar. industry were they here in the United agreements because the results of The results of both our policies That said, Pat’s ability to take a States. globalization are instant profits for and their policies have been a num- subject which is a non narcotic sub- Worse, they are much better the multi-nationals at the expense of ber of paradigm shifts in the United stitute for sleeping aids−like interna- negotiators than anybody we have jobs and the U.S. economy. States. tional trade−and make it interesting representing our country. Partially Put bluntly to U.S. citizens who Continued on page4

The Conservative Weekly FLOYD BROWN PAGE 5 Voice Of Las Vegas FRED WEINBERG PAGE 6 Penny Wisdom DOUG FRENCH PAGE 7 Inside: BILL HERE PAGE 8 AL THOMAS PAGE 10 If voters don’t have a stom- Rick Warren Last Word ach for me, they can get one WYATT COX PAGE 11 of those blow-dried guys. JOYCE MEYER PAGE 12 In Civil Discourse —Ross Perot PET OF THE WEEK PAGE 15 See Editorial Page 6 THE PENNY PRESS, AUGUST 21, 2008 PAGE 4 Choate: Make Better Trade Deals Continued from page 3 One example is that many parts we use in our defense industries are now sourced overseas. We are, even now, being treated, as an example, to the spectacle of an aircraft tanker competition between Boeing and the people who make the Airbus in Europe and Airbus won the initial round. The future safety of such arrangements, Pat points out, is in doubt. Want A Penny What can be done? Well, that’s the crux of the book and it can be summed up in two words. Better deals. It’s a good read and makes you wonder what a Perot-Choate adminis- Press tration might have done to NAFTA and the WTO had they pulled off the miracle in 1996 and won the Presidency. NOTICE OF SALE 00 CHEVY BLAZER #1GNCS18WXYK128632 SCOTT BARKER & KEY BANK Notice is hereby given to the last registered and legal 94 FORD F-150 #1FTEX15H1RKC01915 Owner(s) as well as other financially interested par- MEAGAN ANN HATHCOX ties, the 95 OLDS CUTLASS #1G3WH12M9SD311074 In The Mail? Following vehicles(s) will be sold at an AUCTION SANDRA M. SERVANTES & WELLS FARGO FIN by 95 DODGE INTREPID #2B3HD56T9SH568723 GOODIE’S TOWING on an ‘as-is’ ‘where-is’ basis EDWIN ANTIONE CLARK to the 96 FORD T-BIRD #1FALP62W7TH177895 Highest bidder on September 17th at 10am at loca- ISIDRO MARQUINA tion 95 PONT GRAND AM #1G2NE15M1SM598561 $75 per year First 350 E. Basic RD suite #14 Henderson NV 89015, JERRY L. WILLIAMS whereby 91 CHEVY CAPRICE #1G1BL53E6MW120045 The advertiser reserves the right to bid, in order to THOMAS ALLEN BRAKE satisfy 93 CHEVY 1500 #2GCFK29K0P1176999 Lien(s) for towing, storage, add-ons, vehicle sup- JUDITH DOTY & CASH BOX plies, 99 CHRY CONCORDE #2C3HD46J2XH638081 and/or mechanical repairs performed: CHONG & CHING LIAO & HUAIPING REN Class Mail 97 CHEVY BLAZER #1GNDT13W7V2143576 DARION D. POPE & QUALITY ACCEPTANCE Name______Penny Press NOTICE OF SALE - 254 Address______418 ½ S. Maryland Notice is hereby given to the last registered and legal owner(s) as well as other financially interested parties, the following vehicle(s) will be sold at an AUCTION by Master Tech Auto on an ‘as-is,’ ‘where-is’ basis to the highest bidder on 09/06/08 at City_____State___ZIP_____ Las Vegas, NV 89101 10:00 AM, at 3220 Fremont St. #7, Las Vegas, NV 89104, whereby the advertiser reserves the right to bid, in order to satisfy lien(s) for towing, storage, add-ons, vehicle supplies, and/or mechanical repairs performed: Log# 001345 97 FORD MUSTANG VIN# 1FALP404XVF196820 R/O: DENISE MILES L/O: GQ USED AUTO SALES

You Can Get Billhere's Calendar and Newsletter FREE by email! The FREE, e-mailed, VegasResource.com Newsletter and complete index of Las Vegas coupons for shows, buffets and attractions is available on the internet www.vegasresource.com THE PENNY PRESS, AUGUST 21, 2008 PAGE 5 Commentary: Floyd and Mary Beth Brown tions and beliefs of Martin Luther riage, are diametrically opposed to tion bill, Alveda King takes issue Not All African King, Jr.,” says black author William everything African Americans truly with the senator over this topic. From Owens, Jr. “Obama is trying to make believe and an anathema to the dream firsthand experience she had before Americans African Americans believe he is the of Dr. Martin Luther King, Jr.” she was “born again” in 1983, King reality of the Dream come true, but “It is high time for Black knows the problems a woman can Starry-eyed For he’s not. It’s a nightmare.” America, White America and all suffer because of abortion. She is A recent Gallup poll reveals 91per- America to stop making their ethnic- now a leader in both the pro-life and Obama cent of African Americans intend ity such a big deal that we become civil rights movements. “We can to vote for Obama. Nevertheless, zealous for our color over being talk about poverty; we can talk about When Obama gives his stadium there are dissenting voices trying zealous for what is right and what is the war; we can talk about teen preg- acceptance speech at the Democratic to reach their community with a truth,” says Owens. nancy; we can talk about incarcera- convention, it will be the night of warning about the candidate. Dr. Mr. Owens, founder of Black tion. However, if we’re not allowed the 45th anniversary of Dr. Martin Alveda King, daughter of MLK’s Americans for Real Change (BARC), to live, we’ll never encounter those Luther King, Jr.’s “I Have a Dream” younger brother, the late slain civil makes it known, “I will not remain issues.” Although Blacks make up speech. You can count on breath- rights activist Rev. A.D. King, says, silent out of fear of repercussions only 14 percent of the population, 40 less reporters waxing dreamy about “Senator Obama’s answer to the ills because it is politically incorrect for percent of the abortions in the coun- Dr. King’s vision fulfilled that his- of society, of higher government Blacks to challenge Blacks.” He try are preformed on Black women, toric night. However, not all African spending, weaker national defense, says one aspect of Obama’s candi- thus creating a virtual genocide of Americans agree. “Barack Obama continued tax dollars to Planned dacy is “intimidation because many African Americans. is directly contrary to many posi- Parenthood, and support of gay mar- people are afraid to scrutinize Obama King recalls her Uncle Martin and speak out because of the race saying, “The Negro cannot win as Issue.” Owens believes Obama is long as he is willing to sacrifice the manipulative of African Americans lives of his children for comfort and because “in reality he is not a Black safety.” For Alveda King, abor- American. His heritage is Muslim tion is a civil rights issue. “Every -- not African American” and calls aborted baby is like a slave in the Obama a pretender and panderer. womb of his or her mother,” she He points out that the candidate’s explains. “The mother decides his or record “does not remotely parallel her fate.” the values, traditions and struggles “In the shadow of the famous ‘I of Black America.” Have a Dream’ speech by my uncle Having studied both MLK and in 1963, as Barack Obama makes his Obama, Owens felt compelled to speech in 2008, how can the Dream write a book to challenge African survive if we murder the children?” The Penny Press Tips Its Cap To: Americans “to look deeper at Barack asks Dr. King concerning the unborn. Obama the man, his voting record, “Life was very precious to my uncle The Clark County Commission, which, on Tuesday, ordered the Lake Mead Boulevard interchange with the Las Vegas Beltway to be opened. Tuesday’s and his position on the important and life today is precious.” decision negates a commission order to keep the $12.5 million interchange issues facing our country.” He urges “Our best interests as Black closed until 2010, even though it is nearly constructed. They must have them not to “put your race before Americans,” Owens says, “…lie in been smoking crack when they made the original decision because drugs your principles,” the truth, your a new direction that reflects our would have been the only good excuse. family and your own country. His core beliefs and values, not merely book, “Obama: Why Black America a resemblance of someone we look Gov. Jim Gibbons, whose tax amnesty program has brought in $6.6 million Should Have Doubts” has one chap- like.” since July 1, exceeding the $4 million amount anticipated by the Legislature ter comparing the policies of the two Again quoting her uncle, King with several weeks remaining for businesses to participate. Maybe the Gov men who are poles apart on many says, “‘there comes a time when one is not as dumb as the media supposes. issues. Every American should read must take a position that is neither The Penny Press Sends A Bronx Cheer this eye-opening book. Owens says, safe, nor politic, nor popular, but And A Bouquet of Weeds To: “it is obvious Obama is trying to one must take it because it is right.’” solidify the Black vote”, but he reit- She passionately adds, “This is not The Nevada Commission on Judicial Discipline, which brought the Elizabeth erates that any candidate needs to be the time to be silent; this is not the Halverson circus to an end with a whimper last week, making no decision closely examined. time to give Barack Obama a free and making the state's judiciary look less and less like the fair, impartial With Obama’s voiced support pass! There is too much at stake.” triers of fact that they are supposed to be. In fact, they looked more like a and voting record for partial-birth FLOYD Congressional committee than judges judging judges. abortion and every other pro-abor- and MARY BETH BROWN THE PENNY PRESS, AUGUST 21, 2008 PAGE 6 OPINION From The Publisher... Rick Warren Election Year Hero If there is one hero in this year’s Presidential election, it thought back 12 years. is Pastor Rick Warren. Might his handling of the three leading candidates in I’m not sure how he did it, but last Saturday, he 1996 have changed history? brought together Barack Obama and John McCain at his Saddleback Church in Lake Forrest, California, placed Of course, we’ll never be able to answer that question, each of them in front of a large audience and proceeded but after last Saturday’s program I have to believe that to ask very civil questions which neither could wiggle out not only is there a better way to handle the Presidential of. On national television. Debates, but Rick Warren has shown the whole nation that it can be done much more effectively without the The result was a fascinating portrait of each man, facili- journalism establishment or the political parties calling tated by a preacher who has better questioning skills the shots. than any network anchor or correspondent I have ever seen. Even more important, there are plenty of local pastors who should follow Warren’s lead and apply the same kind It was such a good performance, I believe that Warren of forums at the local level. should be the one to host and moderate the Presidential debates—all of them. I suspect that Warren leans towards John McCain per- sonally. His theory is that you can separate church and state as required by the Constitution but that you cannot sepa- But his questioning was so fair and, to steal a word, civil, rate religion from politics which necessarily begs the that you really couldn’t tell. question of why we cannot have civility in our political system. In a 20 year period of very ugly political campaigns, it was the high water mark of American politics. Quite simply, Warren reduced the television networks— those self-appointed gate-keepers of political informa- Perhaps the two candidates recognized that, perhaps tion—to actually reporting what happened as opposed to they did not. setting up the match. My guess is that if the American public was watching in Frankly, the Presidential Debate Commission should be any quantity, they could not help but be impressed. ashamed of itself for its terrible performances of the past two decades. Perhaps next time, the big three broadcast networks will choose to treat a program like this as the Presidential I remember in 1996, after having their heads handed to debate it was and televise it. them in 1992, that group conspired with the DNC and the RNC to keep Ross Perot and Pat Choate off the debate In the meantime, if you didn’t see it, you can watch it on stage for no other reason than Choate would have killed the internet at www.cspan.org. Al Gore and Jack Kemp and Perot would have made Bill Clinton and Bob Dole into lunchmeat. It would be time well spent.

As Warren deftly handled both Obama and McCain, I FRED WEINBERG THE PENNY PRESS, AUGUST 21, 2008 PAGE 7 Commentary: Doug French ing students, according to an article in Salon by Nora Isaacs. Yoga, Inc. Of course the idea that some ancient body movements and poses pre- formed in a hot room can somehow be intellectual property seems prepos- Like a lot of baby boomers I make my living sitting behind a desk. Unlike terous. As N. Stephan Kinsella concludes in his just published monograph my father who stood and cut hair all day, or my grandfathers, one who was a Against Intellectual Property, intellectual property laws violate individual farmer, the other a carpenter, my job in the deflating credit bubble business property rights and “cannot be justified.” After all, its not like these move- requires no physical exertion – just mental stress. So, the idea to do yoga ments are scarce, and just because I might choose to get twisted up Bikram seemed like a natural. After a few months of stretching and bending, I’d be style, that doesn’t keep thousands of others from doing the same; yogi posing like a sweaty Patrick Swayze in Road House, I thought. Choudhury is just using the force of government to limit competition. That’s why most people practice yoga – for physical fitness. Forget the In an interview filmmaker John Philp makes the point; “I don’t think spirituality, I just want to be able to touch my toes again (I’m getting real anyone can own yoga, because yoga really is a belief system, at its most close). But it turns out that yoga is the “development of self-awareness to quintessential. It’s really a path to enlightenment, and no one can own that.” the point of enlightenment,” according to yoga expert Trisha Lamb when And even copyright lawyer Ken Swezey (who likely views copyright laws interviewed in John Philp’s documentary Yoga, Inc. as sacred), told Salon’s Isaac that Choudhury’s copyright might not hold There are 18 million of us across America, stretching and sweating with up in court. “A court would have to be convinced that a sequence of the enlightenment the furthest thing from our minds. But, as Philp’s film points exercises is original, protectable ‘expression’ rather than merely collection out, the yoga business is big business. Most people spend $1,000 a year on of factual material.” the classes, books, mats and uniforms. There are even chakra panties for Philp’s shot of Choudhury sipping Starbucks coffee while preparing to sale. That makes yoga an $18 billion business according to marketing expert judge a yoga competition visually captures the diametric views held about Barry Minkin – bigger than Coca-Cola. the yoga king. His fans adore him for making yoga accessible to the masses, Maybe the Hindus and Indians saw the practice of yoga as a lifetime while at the same time his detractors claim he embodies all that is wrong journey to enlightenment, but high-time preference Americans demand with modern yoga. “instant enlightenment” cult expert Rick Ross points out in Yoga, Inc. and Choudhury is executing a business plan that is attracting millions of thus yoga franchises – disparagingly called “McYoga” by yoga purists customers, but at the same time it is putting many mom and pop yoga – have popped up in shopping malls around the country. studios out of business. And that has plenty of hippie-turned-yuppie yoga Philp serves up yoga bad boy Bikram Choudhury as the villain for his entrepreneurs up in arms. But does it matter to those just looking for a fit- story. Yogiraj Bikram Choudhury is the founder of the worldwide Yoga ness alternative or seeking enlightenment – no. The point was made in the College of India™. According to his website, Bikram practiced yoga at documentary that studios must have commercial success in order to provide least four to six hours every day and at the age of thirteen won the National the spirituality. India Yoga Championship. He is cashing in on the yoga craze after found- Philp captures much of the controversy surrounding modern yoga in his ing Bikram Yoga, also known as Hot Yoga, a copyrighted series of 26 film, but not all. hatha yoga postures that are performed in a hot (105 degrees Fahrenheit or What the filmmaker misses – probably on purpose – is the cult aspect greater) environment. Bikram has threatened to sue anyone who teaches his of many yoga programs. Some yoga instructors require total devotion from yoga postures without permission, which to many seems rather un-enlight- their students, while some former yoga students allege that brainwashing ened and not very yoga-like. and mind control techniques are used at their yoga studio, along with high- Choudhury contends that yoga studios wanting to teach Bikram Yoga pressure sales tactics. must pay franchise and royalty fees, change their studio names to Bikram’s And all I want to do is touch my toes. Yoga College of India, stop teaching other yoga styles, refrain from playing music during classes and use only Bikram-approved dialogue when instruct- DOUG FRENCH Our Websites: www.choateweinbergreport.com www.pennypresslv.com THE PENNY PRESS, AUGUST 21, 2008 PAGE 8 The Best Vegas Calendar BAR NONE! By Billhere The FREE, e-mailed, VegasResource.com Newsletter and complete index of Las Vegas coupons for shows, buffets and attractions is available on the internet at: www.vegasresource.com LAS VEGAS NEWS AND UPCOMING EVENTS THE BLACKEST OF THE BLACK TOUR - DANZIG & DIMMU BORGIR Tuesday, November 4th Every day, Las Vegas casinos give away $3 million of freebies (over (With special guests Moonspell, Winds of Plague and Skeletonwitch). $1 billion per year) to just get you into their doors! Get your share of Tickets start at $28.50 . free things! The easiest way for you to do so is by using the coupons The Blackest of the Black Tour was founded heavy metal music below. There is no obligation to gamble. You do NOT have to be mastermind, Glenn Danzig who was looking to create a national tour staying in the stated hotel to use their coupons. that catered to black metal fans. The tour kicked off in 2003 featuring ------Danzig, Superjoint Ritual, Opeth, Nile, Lacuna Coil and Behemoth all *** News & Upcoming Events *** performing on one stage. With the success of the 2003 tour, several of the bands featured in The Blackest of the Black Tour were also Terrible’s Primm valley casino resorts puts a stop to the strain on featured in following year’s Ozzfest. The Tour is an annual event budgets by offering 500 complimentary tickets to every show until including bands from all over the world. the end of the year OTHER SPECIAL ENGAGEMENT AT HARD ROCK : ** TICKETS available NOW at primmconcerts.com * * RICHARD CHEESE & LOUNGE AGAINST THE MACHINE 2008 Lineup includes: Friday August 29th and Sunday, August 31st 8 p.m. Saturday, Aug. 16, 2008 Liza Minnelli (Doors at 11pm). 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The band is currently in the midst of 8 p.m. Saturday, Nov. 22, 2008 Dwight Yoakum their /2008 worldwide “Drinkchronicity/Farewell Tour.” 8 p.m. Saturday, Dec. 6, 2008 Three Dog Night and Herman’s ***Closing*** Hermits My Morning Jacket Show cancelled at the Joint. All concerts are in the Terrible’s Star of the Desert Arena in Buffalo Due to a casino scheduling conflict, the My Morning Jacket performance Bill’s Resort & Casino. at The Joint inside Hard Rock Hotel & Casino has been cancelled. The For more information, call 1.800.FUNSTOP (1.800.386.7867) or visit show was scheduled Sept. 24, 2008. The band is booked throughout www.primmvalleyresorts.com the end of their current tour and unfortunately a Las Vegas date will Primm Valley Casino Resorts, located 25 minutes south of Las Vegas not be rescheduled. Anyone holding advance purchase tickets may on Interstate 15 at the Southern Nevada/California state line, includes return them for refund at the point of sale. 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Tickets start at go dancers, various celebrity hosts and DJ’s as well as a street-side $39.50. patio at the heart of Las Vegas Boulevard. Guests must be 21 or over. The musical video game phenomenon Rock Band™ is coming to The Bottle service is available. $10 or $20 cover charge varies depending Hard Rock Hotel and Casino with its cross country tour. The Paradise on event. Stage is a special, outdoor venue located behind the hotel tower Named one of Las Vegas’ top ten new restaurants by Citysearch, created especially for this unique multi-act show. Hawaiian Tropic Zone boasts a sexy modern décor, alluring dining THE JOINT CONCERT VENUE room, mouth-watering menu items, cat-walk stage for nightly SARA BAREILLES Friday, October 10th 8pm (with special guest Marc entertainment, largest video wall in Las Vegas, cabaret dancers, Broussard and Raining Jane). full bar, water wall entrance, strip-side patio and live DJ appearing Tickets starts at $25. nightly. Exotic and friendly Hawaiian Tropic models serve as “table With no formal training this recent graduate of UCLA has amazed concierges” to assist with guests’ every dining need as well as audiences with her vocal talents ranging from powerful and soulful, participate in nightly beauty pageants. Costume designer Nicole Miller to sweet and gentle. A gifted singer, songwriter and pianist, Sara and world-famous chef David Burke have come together to bring glitz Bareilles is a relative newcomer who already hit number one on the and entertainment back into fine dining and make Hawaiian Tropic Billboard charts with her 2007 single, “Love Song”. The song was Zone the hottest place on the Las Vegas Strip. Hawaiian Tropic Zone featured as the iPod “free single of the week” before her debut studio is located inside Miracle Mile Shops at Planet Hollywood Resort & album, Little Voice was released. The Album became one of the most Casino. www.hawaiiantropiczone.com/ downloaded albums on the site and reached number seven on the Please e-mail errors, omissions and additions to: Billboard top ten. [email protected] THE PENNY PRESS, AUGUST 21, 2008 PAGE 9 THE PENNY PRESS, AUGUST 21, 2008 PAGE 10 Commentary: Albert Thomas Brokers and financial planners are supposed to know better, but they How To Buy And Sell don’t. Is there any way an investor can protect himself from the fundamental If you have any interest in investing you have been taught to do research and psychological trap? Yes, there is. on any company stock, mutual fund, bond or exchange traded fund. First he must realize that all that “information” he was given is old. Your broker has provided you with reams of information showing cor- Everyone in the world knows it. All the facts are currently represented in the porate sales, Price/Earnings ratios, sales projections, sector analysis, man- last price of the equity. Throw all that stuff away. What the investor wants agement capabilities, profit structure and on and on. You are expected to to know is one thing. If he buys it will it go up? That’s all. I guarantee the make head and tail of this mess, and decide if this is a good company and broker doesn’t know. decide if the stock will go up after you buy it. Good luck. The absolute simplest way to know is to look at current price perfor- A “good” (?) broker will have done all that work for you and will care- mance. Is the stock current going up? Get a picture of a daily or weekly fully explain what his company thinks of this corporation as a long term price chart and look at it. A simple 50-day or 200-day moving average will investment. Basically, he will say, “This is a good company” or something smooth out the bumpy price action. If the line is going up, buy. If it is flat, to that effect. When it comes right down to it he doesn’t know anymore WAIT. If it is going down, look for another stock or sell if you own it. That about this puppy than you do. simple. One of the greatest mistakes brokers make is espousing the merits of Wall Street wants to confuse you with “information”. Nonsense. Go some equity because it is currently popular on Wall Street and everybody back and look at any equity you may have had, apply this simple method else is buying it. YUK! He will put you in with the pack of lemmings and and you will see it works. That’s all that counts. hope they are not headed for the nearest cliff. You are now smarter than 99% of brokers because YOU know how and Mr. Broker (and the same goes for 99% of financial planners) has fallen when to buy and sell. into his own trap. He believes the hype his brokerage firm is telling its cli- AL THOMAS ents. Psychologically the more a person knows about a company the more Al Thomas’ book, “If It Doesn’t Go Up, Don’t Buy It!” has helped thousands he believes it and the more apt he is willing to hold a position even when of people make money and keep their profits with his simple 2-step method. it goes against him. Investors of all types, even the pros, will stick too long Read the first chapter at www.mutualfundmagic.com and discover why he’s with a losing position. the man that Wall Street does not want you to know. THE PENNY PRESS, AUGUST 21, 2008 PAGE 11 Commentary: Wyatt Cox “We’re not just going to see mid-sized banks go under in the next few I Hate Moving With A Passion months, we’re going to see a whopper, we’re going to see a big one — one of the big investment banks or big banks.” Never mind that this is a move I want to make and have wanted to for months, it’s still a pain in the butt. He also suggests that Fannie Mae and Freddie Mac will cease to be in the next few years. Our last major move was seven years ago, just a little over a mile away, from one apartment complex to the other. It cost us about $1200 including Let’s see, bank failures, inflation, mortgage institutional collapse... moving van, deposits, first month’s rent, utility changes, etc etc. ...sounds like the “r” word to me... This move is set to cost over $3000 before we get to the physical move! And where is your Congress in all of this? I know that things have really gone up, and prices in one town are a lot more It seems that according to an analysis of the 110th Congress, that this than another, but still... legislative session has seen the lowest amount of public laws (just 294) but the Oh yea, things are bad on the price front. Wholesale prices shot up in July highest amount of resolutions(over 1900) in over 20 years! at the fastest pace in almost 3 decades! You have to go back to 1981 to see I’ll grant you that I expected this session of Congress to be a “do-nothing” prices going up 1.2 percent and a whopping 0.7 percent when you take out food session, but these legislators went beyond even my tepid expectations! The lack and fuel. Granted, we should see some retreat in August and September when of any solid, positive legislation out of this session is a ringing endorsement of the over $20 a barrel drop in oil prices and 50 cent drop in gasoline prices, but the power of the Republicrats to co-exist and even more reason to, as Jerry the damage has been done. Doyle says, Drain the Swamp! Oh, did you hear that some foreign financial agencies owned by governments This story is truly curious. A report in the Mexican newspaper Milenio are renewing their investments in America...by buying foreclosure properties! quotes a researcher at the Institute of Geophysics at the Universidad Nacional Teri Buhl in the New York Post writes that one sovereign fund, said to have Autónoma de México as anticipating a “little ice age” starting in the next decade earmarked $29 billion to purchase foreclosed residential real estate, recently and lasting from 60 to 80 years. hired a West Coast mortgage broker and is starting to search for bargains, according to sources at the Post. The story is in Spanish and translated through Google, but the explanations are plain: Global Warming isn’t happening. These are cycles, not created by These sovereign funds are awash in cash. The UAE’s Abu Dhabi Investment man, but by nature. Fund has over $875 billion in assets, while the Government Pension Fund of Norway is sitting on $391 billion. The Government of Singapore Investment Maybe John Coleman was right after all... Fund has $303 billion and the Kuwait Investment Authority has $264 billion More proof that the Mainstream Media and the Republicrats don’t get it... in their sovereign funds, which are funded by proceeds from oil sales. The A recent Zogby poll shows that 55% of likely voters polled want Libertarian Financial Times reported that The Abu Dhabi Investment Authority is expected Candidate Bob Barr included in the presidential debates. 46% believe Ralph to announce next month what type of US distressed assets they will be investing Nader should also be included in the confrontations. in and real estate is at the top of the list. Among independent voters the percentages run even higher – 69% and 59% It was in the pages of this same newspaper several months ago that our respectively. And the Republicrats are scared. esteemed publisher pointed out that someone would get rich during the mortgage meltdown, and it sure wouldn’t be the American people. Now it’s not even They all recognize that if either are placed on the stage with them, they will going to be an American company that reaps the benefits... seriously gain credibility and recognition. Barr and Nader could seriously hurt Obama and McCain’s campaigns. Some Americans are benefiting, however. But thanks to the Republicratic controlled Buy-partisan Commission on Margaret Jackson at the Denver Post reports that one individual, a network Presidential Debates, their appearance is unlikely. Fifteen percent support in a engineer at a hospital there, has bought nine homes at less than $100,000 each, national poll is required for inclusion. That effectively locks out any third party and is renting them for as much as $450 over the cost of mortgage, insurance, and candidate, including the most successful in recent years, Perot. taxes. When the market turns around, he’ll sell them at a significant profit. Is it any wonder that the process is corrupted so easily, and so much slime Prashant Gopal at Businessweek wrote about a bargain here in Vegas (See Pelosi, Reid) rises to the top... where a new 4,000-square-foot home with a three-car garage in a small gated subdivision in Las Vegas sold for $1 million in 2006. On May 6 the bank that Finally, in the category of overthinking the answer, in 2004 the city of owns the now foreclosed property agreed to sell it for $500,000 ($32,900 below Seattle installed five fancy self-cleaning toilets in high-profile areas. The cost: the already discounted asking price). $5 million, or a million bucks each. The cost of maintenance and repairs proved too much for the city, so they did what any reasonable person would do. And Donald Trump’s PR move to buy Ed McMahon’s home to insure that he isn’t out on his ear is to be commended. It appears that the millionaire is They unloaded them on eBay. Final bid for the five: about twelve and a shrewd, but has a heart... You know that after McMahon is no longer able to half thousand dollars. live there, Trump will make a pretty penny disposing of the property. The city’s happy though. They figure they saved another $4.5 million in Think your megabank can’t fail? Think again! operating and cleaning costs over the remainder of an existing maintenance contract. A former chief economist for the International Monetary Fund told a conference in Singapore that he could see a major US bank failing within It seems like a lot of money, but there have been times when I would have months. given a lot more than that to just have access... The quotes from Professor Kenneth Rogoff say it all. WYATT COX “The US is not out of the woods. I think the financial crisis is at the halfway Wyatt Cox had to go...cause when you gotta go...go over to his blog page at point, perhaps. I would even go further to say the worst is to come.” rant.wyattcox.net and download some free coupons! THE PENNY PRESS, AUGUST 21, 2008 PAGE 12 Commentary: Joyce Meyer self. He knows you are armed and silence, said to them, All authority Who infuses inner strength into me; Armed And dangerous. (all power of rule) in heaven and on I am self-sufficient in Christ’s suf- He’ll go after much easier prey, earth has been given to Me. When ficiency]. Dangerous the ones who are deceived. He’ll you stand in Jesus, you have His You’ve probably heard that verse attack those who are lazy and not strength. You have His authority. before. But I want you to know that The subject of spiritual war- on the lookout for his schemes. The Bible is true. These this is not just a verse for church fare is difficult for some people to When you see only your problems Scriptures are true. If you want to or Sunday school or vacation Bible come to grips with. The idea that and spend much of your time com- protect yourself against the enemy, school. This is a verse to live by. there is an unseen “spiritual world” plaining about your lot in life, you you must come to the place in your This is a powerful truth. You have that determines what happens in the become a prime target for the devil life where you believe God’s Word strength for all things! And that physical world is tough to under- and his attacks. more than you believe how you feel includes standing against the enemy stand. Many of these people believe You need to remember that you or what you think or what you want. when he comes to destroy you. that the things that happen in their have been given authority over the You have to believe that what God When you quote that verse, you are lives are just random circumstances devil and his works. When you says is true—no matter what. not passive. You are powerful. You that don’t really have anything to do choose Jesus as your Lord and Here is one more verse. It’s a are armed and dangerous! with their spiritual walk. Savior, He gives you power over the popular one but, sadly, many don’t JOYCE MEYER I can identify. I was in church for devil so you can stand against his really believe what it says. It’s For more on this topic, you may many years before I came to realize attacks. Philippians 4:13: I have strength order Joyce’s four-CD series titled that the devil is real. I thought that Here’s another powerful scrip- for all things in Christ Who empow- “Armed and Dangerous” by calling the devil was just a Halloween char- ture. Matthew 28:18 says, Jesus ers me [I am ready for anything 1-800-727-9673 or visiting www. acter, a myth or just something made approached and, breaking the and equal to anything through Him joycemeyer.org. up. No one ever taught me that he is real and he wants to bring about pain and suffering in my life. And no one taught me that I could have authority over him either. I knew that God is powerful, but I didn’t know that I was power- ful too—spiritually powerful. I just assumed that I had to put up with whatever happened in my life. I thought I had to accept my circum- stances. I didn’t know that I could resist the devil—that I could walk in authority and power. No one ever taught me that when I stood in Christ, I was armed and dangerous! In 1 Peter 5:8, Peter tells us how to act. He warns us to be watchful. Be well balanced (temperate, sober of mind), be vigilant and cautious at all times; for that enemy of yours, the devil, roams around like a lion roaring [in fierce hunger], seeking someone to seize upon and devour (The Amplified Bible). So, who is the devil going to attack? The ones who are vulnerable to the devil are those who are not vigilant and cautious, those who are not sober. The devil will attack those who are lazy and passive, those who don’t care. You see, the devil is an oppor- tunist. He will not wait for you to become strong in the Lord. He won’t attack you when you are reading the truth of the Bible every day. When you do that, he knows you know the truth—about God and about your- THE PENNY PRESS, AUGUST 21, 2008 PAGE 13 THE PENNY PRESS, AUGUST 21, 2008 PAGE 14 THE PENNY PRESS, AUGUST 21, 2008 PAGE 15 Pet Of The Week Adopt This Pet ! DALLAS Call 702-361-2484

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