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Re: gaboracs post# 939

Monday, 07/18/2005 11:11:23 AM

Monday, July 18, 2005 11:11:23 AM

Post# of 3317
As I wrote before, gabe, stop playing games...

...and just post what you know. Does FattMatt know you're posting here again after being fried?

Your puppet in Maryland? I suppose you mean Rev. Medgar L Reid. Did you sucker him into signing a similarly idiotic Director's agreement as the one that you sent for my evaluation?

Here's a perfect example of the kind of BS for which you are so well known. I'll bet Rev. Reid is more than a little bit embarrassed by the persistence of internet memory.

Free and Clear Foundations of America Plans Launch of Inner City Penny Appreciation Fund

2004-01-05

Started by a man who was given the moniker of "The Penny King" by a homeless person almost a decade ago, the Penny Appreciation Fund has evolved into a highly sophisticated method of educating the homeless, the poor, and the debt ridden middle class in America. Free and Clear Foundations applies basic economic principles to help inner city youth understand the mechanics of money and motivates them to save all their pennies with potential high growth returns.

Baltimore, MD -Free and Clear Press Corps -Rev. Medgar L Reid, Chair of the Inner City Project of Rotary District 7620, is in final talks with the Free and Clear Foundations of America to prepare educational and promotional materials for the launch of the Penny Appreciation Fund drive in Baltimore, Maryland some time during the second quarter of 2004.

Reverend Reid, a member of the Baltimore Rotary Club for the past three years who serves on its Board of Directors and has been active on the Youth Services Committee, having acted as special liaison to the Governor of Maryland Office for Club Events, has recently been nominated by the Senior Trustee of the Free and Clear Foundations to help coordinate the Inner City Penny Appreciation Fund in Baltimore and act as the Executive Director and Trustee for the Fund.

His nomination is subject to the final approval of the Board of Trustees of the Foundations in Washington D.C. and the Rotary International District Governor.

Jim Diarmed, Rotary International District Governor who is looking to Reid to provide innovative programs to help those who live in the inner city, has called the Reverend Reid "a man of great vision and integrity".

The Inner City Penny Appreciation Fund (ICPAF) is being targeted to inner city youth starting in the Baltimore area and expanding into the District of Columbia and surrounding neighborhoods.

Combined with the Inner City Project that is focused on bringing business leaders together to make a positive difference in the local community, while addressing the concerns of local mothers distressed at the current crisis in the public school system, ICPAF will begin buying pennies from inner city youth for a dollar each after the program has been fully funded.

Reid stated that, "Business leaders should continue to step up to the plate and encourage positive changes in youth economic educational development programs, regardless of the failure of public schools to educate the poor, relieve the distress of the economically impaired, and bury the dead and unworkable economic policies of the past."

The program will be gradually implemented through Rotary District 7620, which encompasses 70 Clubs in Maryland and Washington including one on Capital Hill, subject to the final approval of the members of the Board of Directors of the Rotary Clubs in the Maryland and Washington D.C. areas. Approval for the project is expected some time by the end of February.

Under the ICPAF children between the ages of ten to sixteen will be entered into a volunteer educational curricula that includes monthly chapter studies of "The Richest Man in Babylon" written by George Clason in the 1920's before the great depression, and "The Greatest Salesman in the World" by Og Mandino.

After reading a chapter in each book, the children will be rewarded for their knowledge by passing a simple quiz on that chapter and trading in a certain number of their saved up pennies for one dollar each.

The pennies will be stored in a safe deposit vault at a local bank that helps sponsor the fund and manage the accounts of the Foundations under the Trusteeship of the Foundations in Maryland and Washington D.C.

Local business leaders, religious organizations and non governmental organizations will be asked to donate copies of the books for the program.

Matching grants from the Free and Clear Foundations of America will fund the PAF.

The program is designed to reward children for learning the value and importance of learning basic natural economic laws, saving and investing for the future, and understanding the nature of free economics. The program is designed to become self sufficient after its initial round of funding.

Gabor S. Acs, an international financier, independent economist, author, analyst and philanthropist, has pledged $1,000,000 in initial matching funds toward the project through the auspices of the Free and Clear Foundations of America, Inc.

For more information, contact: Sandra Leigh Gabor, Executive Director, Free and Clear Foundations of America, Inc., via email only at sandara@thepennyking.com.
Information:

Company Name: FREE AND CLEAR FOUNDATIONS
Company Contact: Sandra Leigh Gabor
Company Phone: 775-338-5550
Company Site: http://www.freeandclearfoundations.org
Category: Economy
Source: PrWeb


http://economy.press-base.com/en/ds/73074/Free_and_Clear_Foundations_of_America_Plans_Launch_of_Inne...

How incredibly pathetic!



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