The Full Court Press

Vol 1, Issue 1

Page 8

Monday, July 31, 2006

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  • Dow Jones continues ...

        The above 22 of the 30 stocks represented leave one company representing aluminum, ALCOA (none representing steel); one representing insurance, AIG; one representing chemicals, E.I. duPont; one representing auto manufacturing, General Motors; three representing credit services and money center banks, American Express, Citigroup, and JP Morgan; and one representing farm and construction equipment, Caterpillar.

        What’s missing? -- Agriculture, steel, possibly another non-ferrous metal company, housing, airlines and specific health-care providers. Are there any categories that should have additional information on the list? Yes: energy, information technology, aerospace/ defense, semiconductors, entertainment, restaurants and perhaps autos.

        Who we are, business-wise, as a nation continually changes. Airlines, as we know, are currently “in the toilet,” but they are an integral part of our transportation system. American vehicle manufacturing is in serious difficulty. Residential and commercial construction has been a major component of our apparent resurging economy. Wal-Mart, representing all retailers, is unacceptable; at least Sears or Federated should be included. What about Apple and a major health provider?

        It’s easy to criticize in this age of systemic, epidemic misrepresentation in business and government, but the DJIA is out of touch with market reality. Investors should be given a relevant index to assess how our economy is viewed through the eyes of the Street.

    Business is a combination of war and sport.

    André Maurois


    MISSED IN MAINSTREAM MEDIA –THE “HIDDEN STORIES”

    by Bernard Levy

        The following are a few of the “Hidden Stories.” We define “hidden stories” as news that: 1) never receives coverage in mainstream media (MSM); 2) gets published, but insignificantly, e.g., in a newswire that’s easily overlooked by a reader or placed in an out-of-the-way page, perhaps next to a large ad for vacuum cleaners; 3) is reported reasonably well once and then never or rarely seen again.

        Most are important stories containing information that affect our pocketbooks and lives, e.g., government incompetence and corruption that cost taxpayers money. Yes, there are humorous “hiders,” and we’ll include them, too. We’ll cover some in depth as time and resources permit. We hope you enjoy this feature. If you do, please let us know at Full Court Press @ Yahoo.Com

    ...............

    After Decades of Waiting, Veterans and Others Still Wait for Government Recognition and Medical Assistance

        The U.S. government is continuing to deny medical and financial benefits to the 220,000 surviving military personnel and civilians of the 450,000 involved in nuclear testing in Nevada or the Pacific between 1945 and 1962 and those who served in the post-World War II occupation of Hiroshima and Nagasaki, Japan. The only recent coverage of this governmental denial of decades is a Cox News Service article by Corrie MacLaggan, published June 11, 2006. The government has and continues to deny the connection between nuclear bomb participant illnesses, including cancer, and their exposure to U.S. government-produced radiation. Consider the well-known legal axiom, “Justice delayed is justice denied.”

    Continued ...

    Reflections continues ...

        Depending upon who publishes the Declaration, the number of paragraphs range from 25 to 31. Most of the Declaration lists our objections to actions of the King of Great Britain and clearly narrate England’s wrongdoings against the colonies. The drafters and signers believed that, even though enough was more than enough, they owed it to themselves and the people to list our many grievances against the King and his rule to emphasize the power of the Declaration’s final message, “…appealing to the Supreme Judge of the world for the rectitude of our intentions, do, in the Name and by the Authority of the good People of these Colonies, solemnly public declare…” our freedom. Consistent, repetitive reading is only a start. The key to the Declaration is to apply its contents to our lives, experiences and observations. Well-meaning documents are wonderful to have around, but the Declaration and its progeny, the Constitution and its amendments, are meant to be lived.

        Consider the following portions of the Declaration: “We hold these truths to be self-evident, that all men are created equal, that they are endowed by their Creator with certain unalienable Rights, that among these are Life, Liberty and the pursuit of Happiness.” … “He (the King of Great Britain) has forbidden his Governors to pass Laws of immediate and pressing importance, unless suspended in their operation til his Ascent shall be obtained; and when so suspended, he has utterly neglected to attend to them.” … “He has refused to pass other Laws for the accommodation of large districts of people, unless those people would relinquish the right of Representation in the Legislature, a right inestimable to them and formidable to tyrants only.” … “He has made Judges dependent on his Will alone, for the tenure of their offices…” (In enumerating the various wrong-doings of the King of Great Britain – “For taking away our Charters, abolishing our most valuable Laws, and altering fundamentally the Forms of our Governments.” … “He has excited domestic insurrections among us…” “And for the support of this Declaration, with a firm reliance on the Protection of Divine Providence, we mutually pledge to each other our Lives, our Fortunes, and our sacred Honor.”

        Does any of the above bring to mind some of the current actions and non-actions of today’s government? Spying, authorized by the Executive Branch of our government, without duly seeking consent and/or notifying our elected representatives; the Executive Branch’s actions of avoiding the laws passed by our elected representatives; and Executive Branch suspension of laws and rules of law when it suits it to do.

        Even though the 4th has passed (and especially because it has), please take the time this week to read the Declaration to your family, friends or even alone. The words are prophetic beyond imagination; they speak about “all men (being) created equal,” in a time when slavery was the rule rather than the exception, and many minorities were not even considered human, let alone given the rights granted in this document of overwhelming importance.

        Actions speak louder than words; protect our way of life by living our birthright.

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