Show (Mi iron im Your view Winter activities ' : ouiii aigigx'il in vxIi'iimvc ill'i1v-u- i v'cminmic ivxiuiliiluni I nik’f lx mj! njmy of tlicsi plans is a kirnl nt Kt'Vni I'oslut'i :)uiikl il and ' ilujx w jlJ cumo" all lUidc Nut unly do I waul Tuoiv x isilnis to the 0vra ilii? car slioxx the art show and ojlurr: aoii'x ities wc liaxe a huge gaping hole in the xx inter season I suggest iluve aiiravliniis lor Logaifl’ache-- ' Valley leaning on our natural ' endow nienii the unix ersity and Valley unique history hlea Nvl: lee l ouiilaiiis The ' eoldiiess factor is lurlHieharged xxhen wiiuei iiixersions sel in lax c you noheed: though tluil the nighttime chill coupled xx ilh humidity 1'rointhe 1 ' " ' nix eisioiis eieates a sclriom-nicn- tinned cl I'vct "crystal trees1'' Such - iiiiiuil frames are beautiful in iheir oxxn right hut xxhen the log g hits iliey heeonie shimmering this ell'ect pnsiiis Lexeraging w Ijy not design fountains and w ater- falls’ lidw mow n w ilh the express purpose of being' froen'’ T hese amid lyyoine Cache Valley V ‘Tee I'oiin-'- i tains'' eshibiied in their glory' iiv stiin-nui- - - inter' Coupled xx ith tours of crystal trees and x ith unique lighting the ' lee Fountains could he a iruly unique attraction' I cl's' celebrate the cold! Idea No v Fco Plaza HSU isa leader in natural resource botany biology xxalei and soils research lin canipiisoiK can xicxx jvpresenta- tioiis of researell and related projects Itiat'eouhlinspire'diixvniown’exhibi- xx ' ' The Herald Journal i V ' x'-- d - xv x Bad guys getting worse in stocks st the short-sellin- g lender's to drive the price lower Even more disturbing ore the other of this shady business: ' It is increasingly being claimed in laxvsuits and courts that naked short sellers include terrorists and other' ' criminal elements who use the V method to launder money It is per- ' haps this aspect of the activity that has alarmed the authorities What is going to alarm them even more is the extent ofthe practice and: the billions of dollars it has cost investors and ' Commentary 'i concept f encourages ' s ' illegal : behavior Since Demonizing Justice ' then " : rcgu-- ' stirred to action hut the bad guys have gotten' ' worse " V faiU due violated NatHentoff processby severely By The Securities and Exchange v- -t revgal evidence that Commission is saying that naked short sellers (short selling stocks that: Kennedy of Massachu- - Q haven’t been positively determined ' ed justice Brown with “a to exist) are manipulating lhe stock ' ’deep-sealed and disturbing lwstility?' market and they arc manipulating i f i the stocks they select in a negative : Huin tf 5sumir tiin sAlprac giivehuoehi mi direction Typically they pick on V ' the District id Colimrhia Court of smaller underfinanced companies ' ' 'BaiEMMdyWi dte-hethat rely upon their stock prices to raise capital 'stream (Dianne f'emsiein cases1 It is not unusual for shojt sellers to Calirimia anl "clciitly hlhc right jn PeOple ex rel Lanere)': Supe lend these companies money arid ' of Justices rior Court ( justice Brown said obtain the right to convert the loans : Antonin 1' thill the California to stock: the lower the stock price ' attorney general rSciiliil aiuj "y: sue had to faucet the v mamir the more stock: they receive for the authority CTireik‘e 'S ' facturers who used lead jn their ::'x V ' loan This practice is appropriately v TTionias'' : ' faucets Aiui in Hartwell Corp v death a called spiral Clearly 'it's in (C’iiarlcs Court (2(X)2)she'agreedr' ' Superior '' ' Sehtmier that: water utilities could be sued for '' New'' york I ' !' ' injuries resulting front harmful ' Confirmed by chcmicais in the water consumed by die commit-- : ' residenfsof the state ' ' fee oh a me' Sen- Kennedy is Jan- - ' Excuse Here ie a list of addresses and phone pariy-iin- c vcle she faces a1Xiii()cra- ice Rogers Brown totally hostile to numbers for some of Cache Willey' tic lilibiislcr on thcScnate fl(Hr government action and consumer representatives in government: ' MVardly agree to say tlie jeast What about on her record protection? xx ith ail f Broxxin's judicial opinions civil liberties? Somehow Senate : CACHE COUNTY COUNCIL ' hut the fiercefv partismlXmocrats Darrel Lee Gibbons —representing Commltee Democrats slide the Committee ' "Juduaaqr hi by Judiciary north district — 840 S 600 West the a lenton ring publc her dissents and majority opinions Lewiston 84320258-523the fact that v McKay lo tnPeople ihataie til vivid variance with the Chambers (2(X)2)shc xx:as the only judge on the Dcm'ocriils’ campaign to stereotype the district— 654 E 2160 northeast focus California Courtto ' Suprenw pros-- : her eiuire 4 North North Logan 64341 the in different on standards ' police edition is dishonest A Hansen John the searches when the driver stripped is JusticeIn In re Viseiotti t 252 south districts EMain Hymm black-' Hroxxji dissenting insisted that the 4 84319 Justice Brown considering the — Visciolli John of sentence death Paul Cook —representing the south' expanding police search powers: convicted of murder ailempted mur- east district — 445 Glenwood Circle ' ( which undermine the Fourth — Providence 84332 4 derand 'irmed robbery should be ' Amendment of the Bilfof Rights) set aside because of the incompe- Cory Yeates —representing Logan wrote: district No 1— 281 S 100 East tence of the defenselawyef And in ' “Of course everyone xvho has not Logan 84321 7 litre Broxxn H99S) she actually: spent the lust 20 years sealed in an Kathy Robison —representing ' rex ersed a death sentence in thecapi- Logan' district No 2— 335 N 400 lal murder conviction of John George 1VUIT tower knoxvs the problem rs West Logan 84321 9 ' Broxx n hecause the prosecutor 7 See BROWN on A10 Craig Petersen —representing j ' could-exculpator- i -“- ' '' - ' : lators have finally been Janice Brown which is called covering and deliv- ' ers it back to the source that loaned it ' ' ' :4 to him or her ( Naked short selling:Stock is short- eil (sold) but not borrowed so no stock is delivered to the purchaser -- v ' no physical stock that is What the '' purchaser receives is an electronic notification instead pails to deliver: “fails to deliver” is grammatically incorrect terrninolo- gy to describe the fuijure of a seller to deliver stock : ' Clearing agency: All brokerage firms clear trades through a clearing agency Occasionally they sef clear" but most of them use outside agen- - self-intere- M ' ’ ' ' 1 rex A4 (ions of natural phenomena Logan City has a capable stall' managing the laigan City Zoo with consulting support from university researchers The “Leo Plaza” could be placed in space V fried up from zooming cement - ' ' trucks and pesky What C ' better than a roving moose to put io mood in the a lovers buy young diamond ring? My personal wish is-to sec an authentic heaver dam in' operation outside the Bluebird Think PunxsutawneyPhil hut all the time' Idea No 3: Marriner Kceles Muse-- '' urn of 2l)th Century Finance Leveraging what he learned from his father David and benefiting from ' ' the constant attention to business by his brother George Marriner Hccles most likely saved us all I lis ideas turned out the Great Depression and led to greater world peace after World War II How would capitalism have fared w ithout the solutions that he provided? How would the United Stales have managed against Axis powers if the Depression had continued? What were the characteristics and conditions of the IXpression? How did Marriner Hccles from his ' Cache Valley roots become a leading player in national and world ' affairs? These questions could be considered in a downtown museum By Jack Anderson ' ' and Douglas Cohn strategically placed to draw Visitors to a specific location United Feature Syndicate Are these ideas viable? Possibly IN) they lay out a way of thinking uch hais happened since we that isnCededas Cache Valley inches first more Than a year ago of wrote into a more desirable future? Most the impending catastrophe Of sho'rt ' x' definitely selling (selling stocks not qxvned by ' the seller) that would hit the stock ' KenTingey market We :" JLogun 'said that the ' of the future lii Uu viliioi' Tuesday November 25 2003 - 19) 1 y : - V- companies To help stem this tide the SEC put ' “Regulation SHCT out for comment ' this falj which is intended to curb cies ' the practice of naked shortsellirig: Margin' This is the amount- of “Naked short selling can have a usumoney borrowed against stock 50 ' number of negative effects on the ally percent ' market particularty vvhen the fails to Leverage: If a buyer or short seller ah intended period uses margin to transact trades at the'' deliver persist-for- ' j of time and result in a significantly current margin rate he or she would be 50 percent leveraged If a naked V large unfulfilled delivery obligation ' at the clearing agency where trades short seller only puts up 5 percent of are settled Naked shdrt sellers also the value of a trade he or she would V1' he 95 percent leveraged v enjqy greater leverage than if they were required to borrow securities ' 'The public has uritil Jan 5 2004 and deli ver within a reasonable timeV to submit comments about the period and they may use this addi- - : ' SHOraleto the SECThese ' tionaf leverage to engage in trading be sent online to: 'may activities that deliberately depress mentsseco'v " the price of a security- ’ - We encourage people to let the In case ajiof this terminology still - SEC know' what about the they thipk seems a little confusing here's how criminal manipulation' of our stock we break it down: markets- This is a larger issue than : Short selling: A stock is borrowed they know and sold in the hope that a stock Political correspondent Eleanor Clift price will decline At some point the' : short seller buys the stock back contributed to ttiis column - pro-pose- rule-cor- d n- - Lawmakers - - Logan district No 3 North Logan 84341 : 1440 E 1220 752-677- ' — US Senate Washington OC 20510 (202) Utah Office 4225 Federal Building 125 S State St Salt Lake City UT 84138 (801) "V Sen Orrin Hatch Republican — US Senate Washington DC 20510 Utah office: 8402 Fed(202) eral Building 125 S State St Salt p Lake City UT 64138 801) 8 224-544- V CACHE COUNTY EXECUTIVE BRANCH i 1 752-057- : 752-902- - 753-510- Non Sequitur - 716-715- US SEN ATE4DAHO Larry Craig Republican — 520 Hart Senate Office Building Washington DC 20510 (202) 224-275Idaho office: 801 E Sherman Room 1 93 Pocatello ID 83201 (208) 238? 4' 6817 ill MichaeJCrapo Republican— Russell Senate Office Building Wash ington DC 20510 (202) 224-614-2 Idaho office: 801 E Sherman Pocatel- Q 716-718- 2) : 00 US lo ID 83201 SENATE-UTA- H Sen Robert Bennett Republican The Opnon page it intended to acquaint with a variety of viewpoints on matters' of piXiiic importance and provide members o( the community with a fonim tor their views Personal columns cartoons and letters from readers reflect the opinions of their writers and creators Edrtonals under the heading Our View' represent the views of the Herald Journal editorial board Members of the editorial board: EHRUCKcrty editor CINDY YURTHtotourea edtor BRUCE SMITHtoubfcsher CHARLES McCOLUMftnvtagng editor DARRELL ‘fyfa conclusions are more Ugly to 6egathered out of a multitude of tongues than through any find of authoritative sedation ’vjsl: COPT 236-677-5 The Herald Journal welcomes totton to the editor Potentially Nbeious or offensive letters wi not be published however and the edtor reserves the right to edit al letters to conform to ihe length and style requhemento ol the Lenars should be: Typewritten and doubto spaced W No more than 450 words in length Addressed and include daytime phone number tor purposes otverifcabon Signed by the author ' individuals are limited to one published lat' ter within any Addreae period 3day letters to h)ietterOhjnewscom Guest commentaries are also watoome and are run at tie editor's discretion — Judge Learned Jland American jurist 127 V (208) - Herald Journal readefi 1) 524-438- 6-- 245-658- 752-196- 224-525- 716-710- ’ 19) 524-5933 Executive: Lynri Lemon 179 N ' Main Logan 84321 716-71Assessor: Kathleen Howell: 179 N 0 Main Logan 84321 Attorney: George Daines 11 W 100 North Logan 84321 716:8361 ' Auditor Tamara Stones T 79 N Main Logan 84321 71 23 Clerk: Jill Zollinger 179 N Main ' Logan 84321) Recorder Michael L Gleed 179 N Main Logan 84321 0 Sheriff: Lynn Nelson 50 W 200 North Logan 84321 71 Treasurer Karen A Jeppessen 179 NMain Logan 84321) 716-839- 4 71 8 4! 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