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Show Page A10 Thursday, April 10, 2003 " iews Paper Tim Brldgewater, an International Interna-tional banker and businessman busi-nessman from Draper, speaks at a meeting for the Women's Legislative Council about the economy. Photo by Reva Bowen . ..U.LI III! .11.. i ... v ' ' ? r i ....... . . ... i1',,' . '"' .--.'"' -y.i--- X J. A - ' . ;i -. .. ... rrnrrrr EXPERT STRESSES STABILITY Continued from front said. "No one wants to go to war." President George W. Bush, Bridgewater said, has gone to war reluctantly. The president's calculation is that taking out Saddam Hussein will make a more peaceful world. Strong linkages link-ages have been found, the speaker said, between Hussein's regime and terrorist ter-rorist organizations around the world. "We're in for a fight, and it's not going to be pretty," Bridgewater said, but predicted pre-dicted that in the long run that the world will be in a better condition after the war, with more democracy introduced into the Middle East, with other countries learning from the U.S. economy econ-omy and with lower oil prices. But in the meantime, the stock market has been in turmoil, following closely the ups and downs of the war news. Bridgewater said that he has a friend, from his business busi-ness contacts in Malaysia and Indonesia who is very angry and upset about the war in Iraq and sees it as an attack on Muslims. "We really need to reach out after this war is over and make sure Muslims know we are not anti-Muslim," anti-Muslim," Bridgewater declared. The airline industry is suffering in a way that it never has before, according to Bridgewater. The post-911 post-911 federal bailout has not worked, and Congress is proposing another one. American Airlines, he said, recently narrowly averted bankruptcy by getting a 40 percent wage cut concession from employees. Travel and tourism have been decimated over the past two years, since the events of Sept. 11, 2001. People do not feel safe in traveling a long way from home, Bridgewater observed. The international airlines are limited in the flexibility they have to lower costs, so are stuck with an enormous capacity and no one flying. Another destabilizing issue right now that is causing caus-ing "a dip in the economy" is the emergence of Severe Acute Respiratory Syndrome (SAKS). Bridgewater himself has been putting off a trip to Asia for three weeks because no one in his business busi-ness group wants "to go over there and catch the disease." dis-ease." Companies are relocating relo-cating personnel. Bridgewater believes the medical profession will find an answer to the problems posed by the disease, but for now SARS is "slowing the economy down in a very disconcerting dis-concerting way." People currently have "negative rational expectations" expecta-tions" about the economy, which can turn into self-fulfilling prophecy, but Bridgewater said he is an optimist and believes that the war will stabilize and SARS will be checked, leading lead-ing to an improved business climate. Corporate scandals that were in the news have also hurt the economy, Bridgewater said, by undermining under-mining confidence in business busi-ness and business leaders. False statistics reflecting great growth have taken a toll. New guidelines for businesses have been enacted enact-ed by Congress, but it will take several more months for the effects to become evident. evi-dent. Bridgewater said he is a proponent of having more caps in medical awards, because the impact of huge monetary awards "has hurt us all in terms of affordable health care." Doctors from Virginia and Nevada have been fleeing those states because they cannot afford the malpractice insurance premiums. Another problem is with prescription drugs, Bridgewater explained. The drugs cost 50 to 100 percent more in the United States than in Europe, Canada and Mexico. The reason is that those governments have capped the pharmaceutical companies' ability to raise prices, so increases go to America. "We're carrying the burden for these pharmaceutical phar-maceutical companies," he said. "That has to be fs) ml 4 13 ONLY THE BEST SAVE UP TO 25 LAWN CARE BEGINS AT $24.50 Our lawn fertilizing program with balanced nutrients gives you the thickest, greenest, healthiest lawn PLUS season long weed elimination and GUARANTEED. With our service you can save up to 25 of what our competition is charging. We will be happy to give you a program price comparison. Just give us a calL We also provide Termite Control, Pest Control, Tree Prune, Spring Cleanup, Aeration, Thatch Removal and Grounds Maintenance. Mention this ad when calling for an additional offer. ROWBERRYS 373-8537 0 a c 0 reformed. This is an issue that Congress has to deal with." Asked if now is a good time to start a new business, busi-ness, Bridgewater said, "That depends on the business." busi-ness." He acknowledged that activity related to the creation of new businesses has slowed, but he believes economic indicators have bottomed out, and will start coming up. America has the freedom to allow new ideas to be generated and to flourish. flour-ish. "Our world is dependent on businesses, but this is a challenging time." At the beginning of his remarks, Bridgewater made a brief reference to his recent political run. He was defeated last year by John Swallow in the Republican primary for the U.S. House of Representatives Second Congressional District seat. Swallow went on to challenge chal-lenge incumbent Jim Matheson, a Democrat, who won reelection in November.. NEIGHBORHOOD PROGRAM Continued from front with developers to learn about projects and offer suggestions sug-gestions affecting the community com-munity and neighborhoods. The community committee also plans and conducts quarterly quar-terly community gatherings to communicate information on current city issues and to learn the needs and issues of citizens within the community. communi-ty. All citizens who live within with-in the boundaries of a given neighborhood and community are active members and participants par-ticipants of that neighborhood neighbor-hood and community. They should be notified of upcoming upcom-ing issues, projects, meetings and other events directed by the community and neighborhood neighbor-hood committees. "Our doors are always open for all Orem citizens if they have something to discuss," dis-cuss," Johnson said. "Although this organization has been developed and designed to help' citizens become trained and prepared to provide solutions, it does not and should not keep citizens citi-zens from contacting any city official, if they wish to do so." "We hope the events and issues which Neighborhoods In Action leaders discuss will be positive," she said. "Be sure to invite your neighbors to participate in events and activities, which will affect them. Together, we can positively posi-tively increase the environments environ-ments we live in, as we work together for the common good." Johnson said she is currently cur-rently recruiting a chairperson chairper-son in the Geneva Community, and a chair and secretary in the Sharon Community. "We are also recruiting for a vice chair and secretary in the Aspen Community," she said. Members of Orem's Neighborhoods in Action community committees, as of March 25, include the following: follow-ing: Aspen Community: Ben Moulton, chair. Bonneville North: Mike Harris, chair; Becky Downey, vice chair; and Brenda Chabot, secretary. secre-tary. Bonneville South: Tom Scribner, chair; Cathy Uren, secretary. Cascade: David Cherrington, chair; Glenn Payne, vice chair; Marge Woodall, secretary. Cherryhill: Mike Bersie, chair; Allison Clawson, vice chair; Herman Riffle. Foothill: Kevin Newson, aaril. chair; Vice Chai Newsom; Lillian c, k secretary. Geneva- P vs'' Radford, vice chajrH Noakes, secretary Ti;'Gi Lon Bowen, 5S Whitaker, vice chjy Palmer. Lakeview Rni d David McMurraxST Marion Baxter, secret Northridge CoS John Anderso Kristen Anderson, ViCe?A' Karen Duncan Orchard: Taylor C chair; Stewart Cowk chair; Gyle Gale, seem Orem: John Weiss Jr f' NE-Linda nu.n' chair; SW-Angie Heaton chair; NW-Caryl Sea vice chair. SCERA p ," Steve Cherrintrtn,, Patti Greaves, vice dy 1 Duane Herbert, vice & Genelle Pugmire, secret. Sharon: Tiffany Wood r chair. Suncrest: '5 Edwards, -chair; How Gardner, vice chair. Viney" Kip Meacham, chair' t Mitchell, secr'tv Westmore: Ron RV;: chair; Brooke Price r" chair. Windsor: V Shorten, chair; Elizab Uraig, secretary. UTAH POWER AND LIGHT Continued from front Seastrand said. Due to a tighter economy, donations have been reduced this year but now the staff can get started on the projects. Utah Power and Light donated $2,750 to the museum; the total amount the committee had requested. "We (Utah Power and Light) are making sure we're being good corporate citizens in the communities we serve." Seastrand and the committee com-mittee outlined the projects they have planned for the funds. The biggest portion is going to cataloging shelves and shelves of crystals the ' museum has. After the cataloging cata-loging process, the crystals will be placed in lighted cases for better display. Several exriihi t. be improved including t exniDiis aeaicated to t railroad and veteran Additionally, a number: videos will be converted DVD. The Orem Herifc Museum at the SCEf-runs SCEf-runs entirely on a voluife staff. Both the commit, and the museum guiti give freely of their time j keep the museum going, T1TITIirTTTnTTn -n 1 1.1 -r . - - 11...- .ix- 11. - m Z3, - 14 oz. Coors and Coors Light Flavor of the Month J 12 pack bottles 31703 thru 33003 f m f! if if a , ' - " rr Keystone Light 18 pack cans j Pepsi 12 pack cans i . J 9 new MGD 8t Lite 1 12packbtls Bud & Bud Light 18 pk cans Natural Light & Natural Ice 12 P , ... .! . mm " l .- Coke it- 12 pack cans MaHborO Carton Virginia Slims, Parliament . . . . . . Carton Camel, Winston carton Salem carton BasiC carton KOOI carton Doral carton Newport Carton Mustang carton Prices good thru 33103 32 oz. 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