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Show Utah Valley's Newspaper Local News Monday July for 21, 2008 135 years 50 CENTS YOUR TOWN; YOUR NEIGHBORS YOUR NEWSPAPER ONLINE: heraldextra.com IN OUR TOWNS Alpine woman raises alpacas with heln of husband, daughter - 4 J, r v1 it' i jHf Needed? Help t s. KARIN COOPERFace the Nation Treasury Secretary Henry Paulson Treasury sec. braces public for tough months ahead THE ASSOCIATED PRESS WASHINGTON Treasury Secretary Henry Paulson sought to reassure an anxious public Sunday that the banking system is sound, while also bracing people for more troubled times ahead. "I think it's going to be months that we're working our way clearly through this period months," he said. Paulson said the number of troubled banks will increase as they struggle to cope with big losses on bad mortgages. The government this month took over IndyMac after a run led it to become the largest regulated thrift to fail. "Of course the list is going to grow longer given the stresses we have in the marketplace, given the housing correction. But again, it's a safe banking system, a sound banking system. Our regulators are on top of it. This is a very manageable situation," he said in broadcast interviews. Paulson used appearances on the Sunday talk shows to tell people that deposits up to $100,000 are fully insured. He said no one has lost a single penny on an insured deposit in the 75 years that the Federal Deposit Insurance Corporation has operated. "We're going through a challenging time with our economy. This is a tough time. The three big issues we're facing right now are, first, the housing correction which is at See J JEFFRY struggle to learn English. Rising Ashley Powers LOS ANGELES TIMES s outlying sagebrush here was quickly devoured by starter ' homes and chain stores, Las Vegas Lbegan grappling with the kinds of problems that long have vexed California: Crowded classrooms. Packed freeways. Not enough water. Immigrants who it PAULSON, A 6 poverty. Similar issues recently have bedeviled the Phoenix, Denver, Salt Lake City and Albuquerque, N.M.. metropolitan areas. By 2040, Las brethVegas and its ren will be home to nearly 12.7 million more people. While a booming population is West turning the into an economic force and political battleground, a Brookings Institution report released Sunday suggests that, without help from the federal government, its major cities are headed for trouble. "These places are going to be overwhelmed if they're left to go it alone," said Mark Muro, policy director for Brookings' Metropolitan overwhelmed if they're left to go it alone." Mark Muro five-stat- policy director, Brookings' Metropolitan Policy Program. SeeWEST, A 6 DAILY ANDY a van driver while monitoring vehicles WONQAssociated Press in Beijing on Sunday. Beijing gets a transportation makeover THE WASHINGTON POST BEIJING Beijing, a city of 16 million that never seems to stop, slowed down Sunday and in some ways was unrecognizable. Visibility was far above the usual few hundred yards. Streets were lined with newly planted flowers instead of dusty shrub come as many as half a million bery. In parks and hotels, smoking was officially banned. And the overseas visitors to the Games next month, residents greeted the city's legendary traffic jams had h plan including altermostly vanished. An official Olympics shutdown nate driving days, depending on a with car's license plate number n began Sunday, a drastic tion that hangs over the city most a combination of grumbling and acceptance. days and smooth out the rougher "My wedding ceremony is to- edges of a populace that rarely puts on airs for foreigners. See CHINA, A6 As the city prepares to wel two-mont- last-mi- for sale The only thing BYU junior Jordan McKensie remembers about that night last month is that the sun was setting as he set off on his longboard down Seven Peaks Boulevard in Provo. The rest of the story he had to garner from the two people who found him at the bottom of the hill bleeding from his head and nose. "I don't remember anything. I guess what happened, I was going pretty fast I hit some gravel ... I flew off my board. I hit my head," McKensie said. McKensie nearly lost his life when he flew off his longboard. He's glad to be still breathing, but he's not fully recovered from his June accident. So far this year at Utah Valley Regional Medical Center there have been eight emergevisits due to longboarding acncy-room cidents. UVRMC spokeswoman Janet Frank said that compares to 18 accidents last year, when there was more longboarding buzz. The sport was temporarily banned on Utah County trails last summer after a man threatened to sue the county when he was hit by a longboard in Provo Canyon. County commissioners also considered requiring everyone to LONGBOARD, ' y Photos HERALD See v. -; Lusk . Maureen Fan Daily Star "These places are going to be Policy Program. e The region, which the study dubbed the "New Ameri- - Brittani traffic policeman checfes SCOTTArizona Study suggests that Western boomtowns like Salt Lake City will need federal aid to deal with water, energy, transportation issues Longboarding fight on the backburner A An K ' A6 See a photo you would like to have in your home or office? Daily Herald photos are available online at heraldextra.comgallery. INSIDE BRIEFING A4 EDITORIALS A5 OBITUARIES 83 COMICS BS TV LISTINGS LIFE & STYLE B6 B8 BASEBALL C3 SCOREBOARD C5 WEATHER C6 in 0 Partly sunny HIGH 90 LOW 66 VOLUME 85 ISSUE 356 mir ,61055ll00050llll8 |