Spotlight 11-02-10, Vol. 72, No. 45

Posted by Elizabeth Walker 
 

Program:

Program Host Jason Huntley introduced chief economist Jeffrey Roach, Ph.D, from Horizon Investments, who spoke about "Making Sense of This Market."

 

Brighton Rotary Spotlight

Jeremy Jones, President

November 2, 2010, Vol. 72, No. 45

 

Guests:           Patrick Marody, owner of a financial planning company and guest of John Nagle, Brenda Smith, Stephen's lovely wife.

 

Announcements:

Rotarian Bill McCririe is home and recuperating from his broken leg.

Best Wishes to Bill Metz and his son's Howell HS football team as they fact Holt on Friday.

Stan Schafer recently ran in the Detroit Marathon over the Ambassador Bridge to Canada and back.

Ron Cleveland visited the U.P. and volunteered at a dog sled kennel.

"That Was Easy!" fundraiser is almost over with $6,550 raised today to bring the total just shy of $12,000.  Your last chance to sponsor our Club and be recognized is next week.  Complete a sponsorship form, make a pledge (or write a check!) and your fundraising commitment is complete.  Donation checks should be payable to the Brighton Rotary Club Foundation for tax deductible contributions or the Brighton Rotary Club to be used as a business expense.  Sponsorship levels include:  Gold $500+, Silver $250, and Bronze $100.  Close to $5,000 has been raised thus far with 17 sponsors. Fundraising Committee Chair Piet Lindhout says "WAY TO GO ROTARY!"

Bill Anderson circulated a sign-up sheet for the "12 Days of Gleaners"fundraiser.  Brighton Rotary's day is on Friday, 11/19 , from 9am-6pm.  Rotarians will stand outside Howell's Soft Cloth Car Wash & Shell station (near D-19 and Grand River) to collect funds for Gleaners Food Bank.   $1 will fed 1 person for 1 day.  Howell, Sunrise, Hartland and Brighton Rotaries are participating in this event.

Last Thursday volunteers stained exterior woodwork, washed windows, cleaned tables & chairs and organized our Rotary storage closet in the Brighton Community Center along with a few SELCRA representatives.  Another clean-up is planned for the spring.

Don't forget to tell students about the Practice ACT sponsored by the BHS Interact Club and the Sylvan Learning Center on Saturday, November 6th.  Students can register at the Brighton District Library or by calling Sylvan Learning Center.  Cost is $25 in advance, $35 at the door.  All proceeds benefit the Foundation's scholarships.

The Rotary Leadership Institute will be held at Baker College in Cadillac, MI, on Saturday, November 13th.  Registration materials are available on our website   Parts 1,2&3 will be offered, and the previous parts are pre-requisites for the later sections.

Volunteers are still needed for delivery of Thanksgiving dinners on Wednesday, 11/24.  A meeting for organizers was held today after the formal meeeting.

Upcoming Events:

11/06/10    8:30am            Practice ACT+Writing, fundraiser by BHS Interact

11/13/10                            Rotary Leadership Institute, Baker College, Cadillac, MI

11/24/10                            Thanksgiving Dinner Preparation and Delivery

12/07/10                            Rotary Holiday Party, No LUNCH Meeting

06/28/11                            President's Night

 

Program:

Program Host Jason Huntley introduced chief economist Jeffrey Roach, Ph.D, from Horizon Investments, who spoke about "Making Sense of This Market." Dr. Roach discussed recent paradigm shifts of the last few years:  1) No Such Thing as Risk-Free, 2) Central Bankers Now Portfolio Managers, 3) Inflation is skewed by Housing. Recent ideas of government policymakers to stabilize the economy includes the creation of incentives for business to make capital improvements (bonus depreciation), give a "tax-holiday" to encourage business to earn their funds in the US (repatriated earnings), and consider the commonality of the issues of immigration and housing.  In summary, Dr. Roach believes that a) creative central bank exit strategies, b) low inflation risks, c) debt demand is still strong, d) government involvement is a game changer, and e) the labor market has permanently shifted.

 

 

Progressive 50/50 Drawing :  $90 pot.  Emil Engle drew an Eight of spades, Michele Bouhana drew a Queen of clubs, and Bonnie Corrigan drew the Four of clubs.