New Braunfels Herald Zeitung, September 22, 2011, Page 5

New Braunfels Herald Zeitung

September 22, 2011

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Issue date: Thursday, September 22, 2011

Pages available: 12 - Used by the World's Finest Libraries and Institutions

About New Braunfels Herald Zeitung

Publication name: New Braunfels Herald Zeitung

Location: New Braunfels, Texas

Pages available: 318,726

Years available: 1952 - 2013

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New Braunfels Herald Zeitung (Newspaper) - September 22, 2011, New Braunfels, Texas Gov. Ferry revokes blind trust on stocks GOP candidate sees what’s been in his portfolio for 15 years AUSTM(AP) Republican presidential tandidate Ri( k Perry has revoked the blind trust that holds the majority of his investments, revealing for the first time in I S years where his money is invest-e'd. rhe Texas governor f)ro-vided a range for the num-b('r of shares he holds in each of 2S d i f f r e n t stocks that IcBotluT .iro worth between $108,()(){) and $n 9,()()(). His portfolio was well-diversitied, with holdings in major cor[)ora-tions from the Unitc'd Statc*s and (-urope. Perry also listed eight muni( ipal bond holdings, all of them from outside of Texas. No value was given for those bonds. He also listed a money-market ac count worth more than $1 (),()()(). He also owns a home in College Station valued at $2 14,000 that is At 61, fVrry is nearing rented out. ry IS r('tirem<’nt and a conservative broker would have rnovc'd most of his ass(‘ts into bonds and ( ash to protect the value of the trust. Perry reported that his broker has recently sold 12 stocks, with half of theiTi posting losses on the initial investment. The trust was established in I9‘)6, while Perry was agriculture commissioner, and was managed by a broker. Perry was not informed of wriat the trust held until last month. In a letter to the Texas Fthic s (Commission dat(*d Aug. 12, hi' amended his annual personal financial disclosure to reflc*ct h{* now knows where his assets arc* investc'cl. Blind trusts are used by politic ians to avoid appc'ar-ancc's of conflicts of interest in making important dc*c i-sions. The Assoc iatc*d Prc'ss obtained the k'tter and the new disc losure form in an open riH ords rec|uc*st. While* blind trusts are kgal in Texas, candidates for federal office must rc'port all of their holdings to the Federal f lection (x)mmission. P(>rry launched his (am* paign for the Republic an presidential nomination last month, and will l)c* rec|uirtHl to file* a fedc*ral candidate disclosure form by Oct. 15. "This action is c onsistent with previous c andidates and office holders and fully complies with federal law," said Mark Miner, a spokesman for IVrr/. The most valuable holdings were in Oonaldson Inc., a Minnea[)olis-basc*d aclhesivc's company. (Ither large holdings inc lucle p<iy-rol servicc*s com[)any Automatic Data Processing Inc industrial manufac lurcr 1 )over (Orp. and c lc*aning and pest-c ontrol services company hcolab Inc. The* filing also (lisclosc's that the* trust sold large amounts of stock in MDU Rc*sour( c*s (irouf), a natural rc’sourcc* corn f ( X )C )any, and s ( o. Del Monte* Federal Reserve to shift $400B in loldings to invigorate U.S. economy WASHINGTON (AP) The Ic'deral Rc*serve will use* more* than $400 l)illion lo trv to drive down longterm interest rates, make home* .md business loans ( heaf)er and invigorate* the ('conomy. Analysts said the moves would ()rovide only a slight ('conornic benc'tit. The* <Ktion the Fed announcc'd VVc'dne*sday is mcKie'*sf comparc'd with [)rc‘-vious sfe'ps It's taken. The Fe*d won't expand its $2.‘) trillion holdings; it's just rc^balanc ing thc*m. It will sell $400 billion ot its shorter-t(*rm Treasurys to buy le)nger-te*rm Treasurys by )une 2012. And it will reinvc*st principal |)av-ments from its mortgage*-backe^d sec uritic's, to help ke*e[) mortgage* rates at super-low levels. Fed policymakers announc c'd the* move's aftc*r a two-day mc*eting. Thrc*e members out of 10 dissent-c*d from the dc*cision. The Fed actc'd despite critic ism from Republicans who have warned that sue h stc'ps could ignite inflation. "The ac tions the Fc*d has t.ikc'n are* hc*l[)ful," says )osh feinman, global chief e*c onomisi at DB Advisors. "Thc'y will help hold down long-term raters, but thc*y're* no panacea." The* Fed left open the possibility of taking furthe*r actie>n to try to strengthc'n the c'c onomy. The plan the* Fe*d unveiled W'c’dnesday, dubbed "()peration Twist," rc*sembles a program the* Fed usc*d in the* e*arly HXiOs to '’twist" long-term rate*s lovve'r relative to short-te*rm r<ites. Ga. executes Davis; supporters claim injustice JACKSON, Ga.(AP) Georgia exc'cuteci Troy Davis on Wc'dnesdav night lor the* murder of an off-duty police otficer, a c rime he denied committing right to the e*nd as supporters around the world mournc*d and clc*c larecl that an innocent man was put to de*ath. Defiant to the end, he told re*lativc*s ot Mark MacPhail that his l‘»89 slaying was not his fault. ' I did not have a gun," he insist(*d. "For those about to t.ike my life," he told [)rison offi-c ials, "may God have mer-c y on your souls. May ( jocI blc*ss your souls." Davis was de*c larc^d clc*acl af 11:0H. The lethal in)c'c tion bc' aboLit 1 S min-Lites c*arlic*r, alter the* Supreme* ( ourt rc'jectc'd an 1 Ith-hour rc'ciuest lor a st.iv. The court did not comment on its e)rdc*r, whie h c ame about 4 hours aite*r It receive*d the re*e|uest and more than \ hours aftc*r the* plannc*d execution time'. White supremacist executed for Texas dragging death HUNTSVILLE (AP) While su[)remacist gang membc*r Lawrence Russell Brewer was executed Wednc*sday evening for the infamous dragging death slaying of jamc*s Byrd |r., a blac k man from Fast Texas. Byrd, 49, was chaine*d to the back of a pickup truck and pulle*d whip-like to his death along a bumpy asphalt road in one of the most grisly hate crimc* murders in recent Texas history. Brewer, 44, was asked if he had any final words, tcj whic h he re[)lic*d; "No. I have no final stale*ment." He glanced at his |)ar-e*nts watching through a nearby window, tcK)k several dcH*p lireaths and c losc*d his eyes. He was [)ro-nounced dead at ir.2 1 p.m. Byrd's sisters also were among the witnesses in an adjacent room. "F-jopc‘fully, today's execution of Brewer can re*mind all of us that racial hatred and prejudice leads to terril)le consequence for the victim, the victim's fam ily, for the perpetrator and tor the perpetrator's family" (;iara Taylor, one e>f Byrd's sisters, said. Americans freed from Iran MUSCAT. Om«>(AP) After more than two yc'ars in Iranian custody, two Americans convicted as spies took their first steps toward home Wednesday as they iKHindc'd down from a private jet and into the arms of family for a joyful reunion in the (ailf state of ()man. The families called this "the b(‘st day of our lives," and Prt'sident Barac k OF),i-ma said their release — under a $l million bail-for-freedom deal — "won dc*rful news." The release capped complic atc'd diplomatic maneuvers ovc^r a wc^ek of c onfusing signals by Iran's leadership on the fate of josh Fattal and Shane Bauer. Although the fate of the two gripped America, it was on the periphery cjf the larger showdowns betwt*en Washington and Tehran that include Iran's nuclear program and its ambitions to widc»n military and [political influence in the Middle Fast and beyond. But, for now, U.S. ofl^icials may be adding words of thanks in addition to their calls for alarm ovc'r Iran. For Tehran, it was a chance to court some goodwill after sending a mc*ss.ige of defiance with hard-line justice in the july 200‘i arre*sts of the* Amt*ri-cans along the iran-irat^ border. T ie* Americans always maintained they were* innoe e*nt hike’rs. "lod.iy can ordy be desc nl»ed as the be-sl day of our livf'S," said a state ment from their tamilies. "W(* li.ive* w.iili'd lor near ly 2(y months for this momc'nt and the* jo\ and reliel we feel ,il Shane and josh's long awaile’d tic'e* dom knows no bounds." "Wp now .ill want iiolh ing more* tli = >n to v-rap Sh.UH' and |osh m our arms, (.tie h up on two lost yc'ars and m.tke» ,i iic'U l)e*ginning, lor Ihcm and tor all ol ihc -lalcnK’nt addc-rl I SAN ANTONIO I ARTHRITIS CARE ■ CENTERS San Antonio Arthritis Care Centers-New Braunfels Branch - is proud to announce the opening of our PERMANENT facility at 876 Loop 337, Suite 201 on October 6, 2011» This location will bring state-of-the-art Rheumatologie Care in New Braunfels to a new level. We use Electronic Medical Records, Ultrasonography, Intravenous therapy (IV), Advanced Immunologic testing among other modalities in a safe, comfortable and newly remodeled facility. In order to advance rheumatologic care at the cutting edge of Medical Science, we will also have the availability of Clinical Research Studies for Rheumatoid Arthritis and other arthritic disorders. Our compassionate and careful Board Certified Rheumatologists are all USA Medical School, Residency and Fellowship-trained and stay current with the newest proven treatments for all forms of arthritis. We proudly accept Medicare, Tricare and most other private insurance plans. Please call 830-358-5006 for a new patient a['>pe)intnK iit or a consultarivc visit rccjucst from youi [M'' or iclcmng physician or hcalthcare providct. CtiH todiiy! We specialize in: Rheumatoid Arthiitis, ( )su*c).mhritis. Osteoporosis, Lupus, Sclcrodcrnia, Ciout, Aiik\ lc)sin<’, Spofv clylitis and related disorders, Sjogren’s SyndtoiiK ame^ng oihcr related Arthritic and C'onncctive I'issuc I )iscas* s. 876 Loop 337, Suite 201 New Braunfels, Fx 78130 830.358.5006 210.590.9596 loshua B, Stolow, M.D. Kennceli 1. Des kusier, M.l). SAN ANTONIO ARTHRITIS CARE CENTERS-NEW BRAUNFELS BRANCH Casa de Linda Art Center Wow enrolling for ADULT Introductory Classes! PASTELS 4-week course starts Saturday, Sept 24 OIL PAINTING 4‘Week course starts next Monday, Sept 26 Day & Night classes available! WATERCOLORS 4-week course starts next Tuesday, Sept 27 Day & Night classes available! y \ CENTER asm Casa d« Linda Art Center 85U S. Bus IH 35 830-624-5302 • CASADELINDA.COM (\irri-ntly your p)ve‘riimtMU officials [)ul>hsh iln’ir i.l uis ain.l d(H’ision.s ill the newspaper including wlu u' thr\    lo build facilities you might not want down th'- .'■tier! 'I'hat could change in the future because tlit v want in but\ their piililic notices somewhere online, (>n a htllc    l ai i-lv visited goviM’nment website out ot sight, out nf nund Don’t let government keep you ni (he dark. If it is not in the newspaper, you won’t know iibout it. New BraunfelsHerald i nc; ;