10734 EXTENSIONS OF REMARKS, Vol. 152, Pt. 8 June 9, 2006 EXTENSIONS OF REMARKS

RECOGNIZING AARON SCOTT ican from the growing markets would be bal- When it came to the highest growth in MCRUER FOR ACHIEVING THE anced by the existing trade deficits and debts value traded between 1998–2003, Zimbabwe, RANK OF EAGLE SCOUT owed by the developing countries to the U.S. Jordan, Jamaica, Israel, Trinidad and To- bago, , Barbados, Ma- [From the New York CaribNews, May 24–30, laysia, South Africa, and Sri Lanka were 2006] HON. SAM GRAVES listed among the 44 nations with the best CAN DEVELOPING COUNTRIES BE FINANCIAL OF MISSOURI performance. For instance while Zimbabwe SAVIORS OF RICH NATIONS? IN THE HOUSE OF REPRESENTATIVES had growth of 623 percent; Jamaica 507; per- (By Tony Best) cent Trinidad and Tobago 128 percent; Bar- Friday, June 9, 2006 It may not be a case of reverse Robin Hood, bados 121 percent; and South Africa 76 per- Mr. GRAVES. Mr. Speaker, I proudly pause meaning stealing from the poor and giving it cent; Germany’s pace of expansion was 51 to recognize Aaron Scott McRuer, a very spe- to the rich. But investors and stock markets percent and Canada’s 42 percent. in relatively poor nations of the Caribbean Of course, it would take decades before cial young man who has exemplified the finest and Africa may in the long run be the next those countries have the financial power to qualities of citizenship and leadership by tak- financial saviors of future prosperity in the fill the financial gap but then who would ing an active part in the Boy Scouts of Amer- world’s wealthiest nations. Add Asia, Latin have predicted in 1980 that China, India and ica, Troop 314, and in earning the most pres- America and the Middle East to that list and Dubai would have become such economic gi- tigious award of Eagle Scout. the prospects would become clear, very ants as to drive fear in the hearts of protec- Aaron has been very active with his troop, clear. tionist lawmakers on Capitol Hill in Wash- So, while people in G–8 nations and their ington who worry about their ability to buy participating in many scout activities. Over the affluent neighbors may not steal from such many years Aaron has been involved with U.S. companies. Dr. Siegel is writing a new developing and relatively poor nations as Ja- book called, ‘‘The Global Solution,’’ and in it scouting, he has not only earned numerous maica, Thailand, Trinidad and Tobago, Bar- he is insisting that by the middle of the 21st merit badges, but also the respect of his fam- bados, Uzbekistan, Nigeria, Botswana, Paki- century most multinational companies must ily, peers, and community. stan, Swaziland, Bermuda, Jordan and at find new investors outside of North America, Mr. Speaker, I proudly ask you to join me in least 40 other emerging markets, some Europe and Japan. commending Aaron Scott McRuer for his ac- economists in the U.S., Britain and else- ‘‘The challenge is to integrate global mar- complishments with the Boy Scouts of Amer- where in the developed world are offering a kets so that selling assets from the old in bit of advice: keep your eyes on these econo- ica and for his efforts put forth in achieving the the rich world to the young in developing mies because they are poised to help make countries is no harder, no more unusual, highest distinction of Eagle Scout. up the shortfall of buyers of assets in the than today’s sales of assets by elderly folks,’’ f rich world. stated The Economist. ‘‘From this perspec- One such economist is Dr. Jeremy Siegel, a THE ROLE OF DEVELOPING COUN- tive, America’s external deficits, particu- professor at the prestigious Wharton School larly with some developing countries may be TRIES IN GLOBAL ECONOMICS of Business in the U.S. He believes that with both long-lasting and nothing to worry many baby boomers in North America and about.’’ It goes without saying that investors HON. CHARLES B. RANGEL Europe, persons born between 1946–64, get- in developing countries shouldn’t forget that ting ready or planning their retirement, they protectionist tendencies in the rich nations OF NEW YORK may sell off their stocks and bonds in large are alive and well and can retard growth. IN THE HOUSE OF REPRESENTATIVES quantities to finance their retirement and f Friday, June 9, 2006 that in turn can create a huge gap in the as- sets of rich nations. TRIBUTE TO MR. BEN F. PARMER Mr. RANGEL. Mr. Speaker, I rise today to ‘‘The sale of these assets will lead to a address the issue of third world debt relief for sharp fall in prices, because there are too few people in the smaller generations that fol- the RECORD. In the article, Can Developing HON. MARILYN N. MUSGRAVE lowed the boomers to buy all of those assets Countries Be Financial Saviors of Rich Na- OF COLORADO at today’s prices,’’ stated The Economist as IN THE HOUSE OF REPRESENTATIVES tions?, published in Volume XXIV No. 1230 it explained Siegel’s theory. (May 24–30, 2006) issue of The New York The upshot: unless the baby-boomers delay Friday, June 9, 2006 CaribNews, Mr. Tony Best cites Dr. Jeremy their retirement, they could ‘‘see their Mrs. MUSGRAVE. Mr. Speaker, I rise today Siegel, a professor of the Wharton School of standard of living in retirement halved, rel- to pay tribute to Mr. Ben F. Parmer. Mr. Business. Addressing the possibility that the ative to their final year of work,’’ the Econo- Parmer was a dear man who I admired great- baby boomers’ selling their savings stock and mist added. Siegel warns a huge sell-off of stocks and bonds by the baby-boomers can ly, and I am proud to stand before you today bonds would lead to a weakening of the as- trigger a 40–50 percent fall in stock prices to honor his memory and deeds. ‘‘Uncle Ben,’’ sets of the rich nations, Dr. Siegel claims that with a smaller pool of investors coming as he was fondly known, was a lifelong resi- the best solution is to allow investors from de- along in the rich countries to take up the fi- dent of Burlington, Colorado, and throughout veloping countries to buy up these excess nancial slack. That’s where the developing his lifetime the people of Kit Carson County stocks to maintain the market prices. Mr. Best countries may come in, goes the argument. were truly blessed to have known him. asserts that some of ‘‘the highest growth rates Some figures tell an interesting story. Ben married his lovely wife Mildred in 1937. Although the top 10 stock markets in in dollar terms in market capitalization was in terms of capitalization are in the U.S., Both he and Mildred had a strong faith and the emerging markets’’ of Macedonia, West Japan, U.K., France, Germany, Canada, deep love for each other. Through hard times Bank and Gaza, Fiji, Nigeria, Jamaica, Bot- Spain, Switzerland, Hong Kong and China in and raising children they never lost sight of swana, Trinidad and Tobago, India, Kenya, that order, some of the highest growth rates their faith. Ben and Mildred had three beautiful Bermuda and Tanzania. As Mr. Best claims, if in market capitalization in dollar terms be- children: Paul who preceded Ben in death, the global market is integrated so that ‘‘the tween 1983–2003 were in emerging market. and his beautiful daughters Tony and Judy. selling of assets from the old in the rich world Macedonia, West Bank and Gaza, Fiji, Nige- Their devoted children were always extremely to the young in the developing world is no ria, Jamaica, Botswana, Trinidad and To- bago, India, Kenya, Bermuda and Tanzania proud of their parents. Ben and Mildred cele- more difficult than today’s sales of assets by are on that list. For instance, Fiji’s growth brated their 50th wedding anniversary just a elderly folks,’’ America’s trade deficits in the was put at 760 percent; Jamaica’s 297 per- few months before Mildred’s passing. developing world would not be a cause for cent; Trinidad and Tobago’s 170 percent and During their marriage, Ben was a farmer, concern. The increasing investments in Amer- Bermuda 92 percent. rancher, and a man of strong conviction. As a

● This ‘‘bullet’’ symbol identifies statements or insertions which are not spoken by a Member of the Senate on the floor. Matter set in this typeface indicates words inserted or appended, rather than spoken, by a Member of the House on the floor.

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Every success that America’s cherished park ranger the most re- title of ‘‘world’s fastest person’’ by breaking Ben had from his family to his business deal- cent addition to the endangered species list. ’ 200-meter world-record time ings showed the conviction to do what was ABC news reports that the number of rangers that had stood for 20 years. right and to do it right the first time. has dwindled to a point where visitors are now Morrow’s accomplishments were widely Ben’s philanthropic efforts did not go unno- seen photographing them. celebrated in South and all across the ticed by his community. The park in the city of In reality, these cuts represent a pattern of . Mr. Morrow appeared on the Burlington hosts his name and the ‘‘Golden calculated disinvestment in the agencies and cover of Life Magazine; and Wheat Award’’ that was given in recognition programs that exist to protect the health of our named him the ‘‘Sportsman of the Year.’’ Mor- for his service and involvement with the Kit communities and safeguard our natural re- row also received the Sullivan Award, given Carson County Memorial Hospital. It is said sources for future generations. Year after year each year to honor the nation’s top athlete. that Ben spent many hours comforting the pa- of cuts to environmental and natural resource Throughout the years, has tients and sharing the Word of the Lord. The spending are seriously eroding the ability of continued to accumulate honors and acco- Kit Carson Memorial Hospital was not the only these agencies to improve our air and water lades that celebrate his incredible athletic ca- place that Ben was able to minister; it is quite quality and to protect and restore our wildlife reer. In 1975, Morrow was inducted to the notable that the only State he did not minister and natural spaces. USA Track & Field Hall of Fame. He was hon- in was the State of Vermont. The Bush administration and the Republican ored by his alma mater when Abilene Chris- Ben was a man of courage and strength leadership in Congress are choosing to mort- tian University placed him the school’s Sports and admired by those around him. He was un- gage America’s natural resource legacy to pay Hall of Fame in 1988. In 1989, Morrow was daunted by doubt and his faith always pre- for the spiraling costs of the Iraq war and the also elected into the Olympic Hall of Fame. vailed. Ben F. Parmer was a loving husband, unconscionable tax cuts to the wealthiest in Bobby Morrow has been an inspiration to wonderful father, a man of incredible faith and our society. These decisions do not reflect my thousands of people in South Texas and integrity. He is deeply missed by his family priorities or the priorities of my constituents in across America. His accomplishments on the and community. It was an honor to not only Minnesota. track have been celebrated and will be cele- know him and attend his church and receive I join the National Audubon Society, Na- brated for many years to come. I ask the his teaching, but to have represented him in tional Parks Conservation Association and House of Representatives to join me today in the U.S. Congress. many other conservation organizations in op- celebrating Mr. Bobby Morrow on the 50th an- f posing H.R. 5386 as insufficient, unsustain- niversary of his world-record-setting race. able and unacceptable. f DEPARTMENT OF THE INTERIOR, f ENVIRONMENT, AND RELATED RECOGNIZING BRETT JAMES MAIN AGENCIES APPROPRIATIONS ACT RECOGNIZING BOBBY MORROW FOR ACHIEVING THE RANK OF OF 2007 (H.R. 5386) EAGLE SCOUT HON. SOLOMON P. ORTIZ HON. BETTY McCOLLUM OF TEXAS HON. SAM GRAVES IN THE HOUSE OF REPRESENTATIVES OF MINNESOTA OF MISSOURI IN THE HOUSE OF REPRESENTATIVES Friday, June 9, 2006 IN THE HOUSE OF REPRESENTATIVES Friday, June 9, 2006 Mr. ORTIZ. Mr. Speaker, I rise today to rec- Friday, June 9, 2006 ognize Mr. Bobby Morrow, of South Texas, Ms. MCCOLLUM of Minnesota. Mr. Speak- Mr. GRAVES. Mr. Speaker, I proudly pause and to celebrate the 50th anniversary of his to recognize Brett James Main, a very special er, I rise today in opposition to the Department shattering Jesse Owens’ 20-year-old record in of the Interior, Environment, and Related young man who has exemplified the finest the 200-meter dash to gain the title of world’s qualities of citizenship and leadership by tak- Agencies Appropriations Act of 2007, H.R. fastest person in 1956. Mr. Morrow is a leg- 5386. As a vigorous supporter of our national ing an active part in the Boy Scouts of Amer- endary athlete and hero to people all over ica, Troop 314, and in earning the most pres- parks and natural resources, I object to this South Texas and the country. bill’s dangerous cuts and I regret the message tigious award of Eagle Scout. As a native of South Texas, Bobby Morrow Brett has been very active with his troop, of waning support for our natural treasures began his long and distinguished track career that it sends to the youngest generation of participating in many scout activities. Over the at San Benito High School in San Benito, many years Brett has been involved with Americans. Texas. There Mr. Morrow won a state cham- H.R. 5386 provides $25.9 billion for federal scouting, he has not only earned numerous pionship in the 100-meter dash. His high merit badges, but also the respect of his fam- agencies including the Environmental Protec- school success soon brought many offers from tion Agency, the U.S. Forest Service, the Na- ily, peers, and community. universities to run track in college. Bobby Mor- Mr. Speaker, I proudly ask you to join me in tional Park Service and the U.S. Fish and row chose Abilene Christian College (now Uni- commending Brett James Main for his accom- Wildlife Service. This bill represents a $145 versity) to pursue his dreams of racing. plishments with the Boy Scouts of America million cut from the funding level enacted for Bobby Morrow honed his lightning starts and for his efforts put forth in achieving the fiscal year 2006. It eliminates the successful and sharpened his skills to dominate the 100- highest distinction of Eagle Scout. and popular state matching grants, which are and 200-meter dashes in the 1950s. In 1955, delivered through the Land and Water Con- Mr. Morrow won the AAU national title in the f servation Fund. It cuts $200 million in federal 100-meter dash. The next year, in 1956, he MIGRATION, BENEFICIAL? YES assistance to the clean water activities of successfully defended his 200-meter title and states—over the last 3 years, the Clean Water added an AAU championship in the 200-meter HON. CHARLES B. RANGEL Fund has been cut by 50 percent, or over dash. OF NEW YORK $660 million. Bobby Morrow continued his excellence at IN THE HOUSE OF REPRESENTATIVES H.R. 5386 also cuts $100 million from the the amateur level, capped off by qualifying for National Park Service’s budget at a time when the 1956 Melbourne Olympics, joining an Friday, June 9, 2006 parks are struggling to cope with past reduc- American team with an established pedigree. Mr. RANGEL. Mr. Speaker, I rise today to tions. The number of rangers in Yosemite Na- During those 1956 Olympic Games, Morrow enter into the RECORD an article by Mr. War- tional Park has fallen from 45 to 8 over the achieved legendary status, becoming the first ren Hoge, titled Nations Benefit From Migra- past 5 years. These dramatic reductions make person since Jesse Owens to win gold in the tion, U.N. Study Says, published in the New it impossible for the remaining rangers to fulfill 100- and 200-meter races. He then won a York Times on June 7, 2006. their vital and far reaching duties, which in- third gold medal while anchoring the United Mr. Hoge cites Mr. Kofi Annan in calling for clude educational programming, ensuring States’ worldrecord-setting 400-meter relay broad international cooperation in order to en- safety and security and management of histor- team. sure rapid growth in global migration. A recent

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