The Henderson News (Henderson, Tex.), Vol. 89, No. 32, Ed. 1 Sunday, July 8, 2018 Page: 2 of 10
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OPINION
Sparky & Big Dog
The Economist
X ■
TA
TEXAS PRESS ASSOCIATION
The Henderson News
Ashton Griffin — Managing Editor
MEMBER
2018
‘Drunken Driving’ is focus
The Texas Department of Transportation
Jade Duncan — Circulation Supervisor
circulation @thehendersonnews .com
Dan Moore — Editor & Publisher
publisher@thehendersonnews.com
Ronnie Morrison is a former
Henderson Daily News sports edi-
tor who is now a freelance writer
and occasional contributor.
RONNIE
MORRISON
Nancy Harris — Office Manager and
Bookkeeper
officemanager@thehendersonnews.com
away the farm without a plan of how to pay for
it. This movement is gaining momentum among
young voters many of which have no idea what
the Declaration of Independence is all about.
JoAnn Keen — Marketing Executive
advertising@thehendersonnews.com
Debra Odom — Classified Manager
classifieds @thehendersonnews .com
on June 25 announced the U.S.
Housing and Urban Develop-
ment’s approval of some $5
billion in Community Devel-
opment Block Grant Disaster
Recovery funds to help areas of
Texas recover from Hurricane
Harvey.
Under the State Action Plan,
$2.7 billion of the recovery
funds will be delivered to areas
impacted by the hurricane out-
side of the city of Houston and
Governor Greg Abbott
PO Box 12428
Austin, Texas 78711
(800) 843-5789
U.S. Rep. Louie Gohmert
2243 Rayburn HOB
Washington, D.C. 20515
(866) 535-6302
State Rep. Travis Clardy
202 East Pilar RM 310
Nacogdoches, Texas 75961
(936)560-3982
Dr. Ray Perryman is President
and CEO of The Perryman Group,
an economic research and analy-
sisfirm based in Waco, Texas.
U.S. Senator
John Cornyn
United States Senate
Washington, D.C. 20510-5922
(202) 224-2934
(713) 572-3337 Houston
cornyn.senate.gov/public
U.S. Senator Ted Cruz
B40B Dirksen
Senate Office Building
Washington, D.C. 20510
(202) 224-5922
State Senator
Bryan Hughes
100 Independence
Place, Suite 301
Tyler, Texas 75703
(903) 581-1776
Subscribe
Online and in print
903-657-2501
(or
“the
after
Big Dog (Dan Moore)
Publisher
Government
Access
President Donald Trump
The White House
1600 Pennsylvania Avenue
Washington, D.C. 20500
(202) 456-1414
comments@whitehouse.gov
no
es.
I
I
have
them
I
11
DR. RAY
PERRYMAN than
tury as part of
the index. GE
was one of the 12 original stocks
included in the index when it
was developed in 1896, and
while it had come and gone from
the index twice in its early days,
the company had been continu-
ously part of the Dow since 1907.
It was the last of the original
stocks to exit, and it is unlikely
to return.
The decision to remove GE
was largely based on the fact that
the firm’s shares dropped by 57
percent over a two-year period,
contrasted with the Dow’s over-
all 44 percent increase. In addi-
tion to the company’s challeng-
es, it was decided that a different
firm would better reflect the cur-
rent drivers of the US economy.
Walgreens has now replaced GE.
Before the Dow was formed,
it was difficult for investors to
get a feel for how the market
was performing, thus making
stocks far less popular than the
more tangibly measured bonds.
However, the Dow created an
approachable, single-number
measure that helped raise inter-
est in stock investments across
a larger segment of the popu-
lation. It had a huge cultural
impact.
At the time of its creation, the
Dow included companies such
as American Cotton Oil; Ten-
nessee Coal, Iron, and Railroad
Co.; and others indicative of
the industrial base of the times.
Over time, the index changed
along with the economy, adding
firms ranging from financials to
aviation to pharmaceuticals. In
the late 1990s, early technol-
ogy companies were incorpo-
rated. Recently, modern tech-
nology, consumer giants, and
globalized banks have joined.
The Dow now includes 30 stocks
traded on both the New York
Stock Exchange (NYSE) and the
National Association of Securi-
ties Dealers Automated Quota-
tions (NASDAQ)
While the Dow is the most
widely recognized, there are
other indices reflecting vari-
ous aspects of equities market
performance. For example, the
Nasdaq Composite Index mea-
sures performance of every
company traded on this more
tech-focused exchange, the Rus-
sell 2000 Index reflects perfor-
mance of businesses that tend to
be smaller and domestic, and the
S&P 500 tracks companies which
tend to be larger and global.
GE ended its 111-year run as
part of the Dow on June 26.
The elimination of the last of
the original 12 stocks in the
Index is a symbolic representa-
tion of the underlying shifts in
the American economy. From
a commodities and transporta-
tion orientation to a broad and
diverse mix of industries, the US
business complex has changed
dramatically and continues to
evolve. The Dow has morphed
along with it, thus maintaining
its relevance in a dynamic envi-
ronment. The times, they are a
changin’!
“We must all work together to make sure the
citizens of Texas are able to keep their air condi-
tioning running, fans blowing and lights on during
Early 2019 is Hegar’s target for rule amend- the hot Texas summer,” Craddick said.
ments to take effect.
Housing funds are OK’d
Texas Land Commissioner George P. Bush
Sparky
Columnist
Ed Sterling is Director of Member Services with Austin-
based Texas Press Association.
managingeditor@thehendersonnews.com Hughes Ellis — Sports Editor
sports@thehendersonnews.com
HENDERSON NEWS
. Sunday, July 8, 2018 PAGE 2
F
cerning the taxation of sales by companies that
have no base of operation in Texas.
Gains from the ruling are likely to be lower than
previous estimates of taxes uncollected by remote
sellers, Hegar said. “In the past year, for example,
some remote sellers have volunteered to collect in
anticipation of the Wayfair decision or for other
reasons. Wayfair, the named plaintiff in this case, Craddick and Public Utility Commission Chair-
already collects Texas sales and use taxes. man DeAnn Walker on June 26 urged natural gas
“Also, in order to avoid imposing an undue pipeline operators and electric generation plant
burden on interstate commerce, the state will operators to work together to ensure availability
likely relieve some out-of-state sellers from collec- of pipeline transmission capacity to meet electric
tion responsibilities. More specific estimates will generation needs at times of peak demand during
be available as the implementation and legislative the hot Texas summer.
process continues,” Hegar said. “With our state’s robust economy and growing
Under its existing legal authority, the Office of population, demand is higher than ever. There-
the Comptroller has started reviewing rules that fore, teamwork is the key to a successful summer
may need updating, but this would not include any for all Texans,” Walker said.
retroactive application of the new law to remote
sellers that have no physical presence in Texas,
Hegar said.
U.S. Supreme Court rules in favor of redistricting maps
■r
A
ED
STERLING
€
Joy Slaymaker — Production Supervisor
composing@thehendersonnews.com
PO Box 30 — Henderson, Texas 75653 — 903-657-2501 — (Fax) 903-657-2452— www.thehendersonnews.com
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glass-
Then
knew,
must
left
on
the beach
chair. In
the rain.
The fire-
works were
now
but
End of an Era
General
Electric (GE)
was recently
eliminated
from the Dow
Jones Indus-
trial Average
simply
Dow”),
more
a cen-
AUSTIN — The United States Supreme Court
voted 5-4 on June 25 to approve 10 of 11 disputed
Texas House and congressional redistricting maps
used in the state’s 2014 and 2016 elections.
The court ruled that only Texas House District
90 in Fort Worth was gerrymandered along racial
lines and therefore must be redrawn.
Except for the case of HD-90, the high court
reversed findings issued by a three-judge panel
of a San Antonio U.S. District Court in two cases
known as Abbott v. Perez. Plaintiffs argued that
Texas legislators intentionally gerrymandered cer-
tain districts to dilute the voting power of Hispan-
ics and blacks, and in doing so violated the federal Harris County. The remaining $2.3 billion direct
Voting Rights Act. allocation to Harris County and the city of Hous-
Texas Attorney General Ken Paxton, who repre- ton will soon be submitted as future amendments
sented Texas in its appeal before the U.S. Supreme to the State Action Plan pending submission of
Court, called the ruling “a huge win for the Consti- each entity’s Local Action Plans, Bush said.
tution, Texas and the democratic process.”
“Once again, Texans have the power to govern
themselves,” Paxton said after the high court nil- recently launched its summer “Plan While You
ing. Can” campaign using heart-wrenching stories to
Hegar addresses tax case convince drivers to think twice before consuming
Texas Comptroller Glenn Hegar on June 27 alcoholic beverages and driving a motor vehicle.
issued what he called “initial guidance on the TxDOT is pointing Texans to the website Sober-
implications” of the recent U.S. Supreme Court Rides.org for information, and suggests alterna-
decision in Wayfair v. South Dakota, a case con- tives to drinking and driving, such as:
• Designating a sober driver or calling someone
for a sober ride home;
• Contacting a cab or ride-share service;
• Using mass transit; and
• Spending the night.
Energy cooperation urged
Texas Railroad Commission Chairman Christi
Good people do exist Proud to be an American
in this world today
Despite what you hear
and read, good people do
exist in the world today, and
I believe the Lord answers
prayer!
My story.
The sweet wife and I were
vacationing last week on the
Gulf Coast.
Having a great time, very
relaxing.
We timed it so that we now over,
would be on the beach in but the
our rented chair Wednesday lightning continued! How-
night, July 4, to see the fire- ever, I knew what I had to
works show advertised as the do. Go back in. Find my pre-
“Greatest Fireworks Show scription glasses. The sweet
You Will Ever See Over the wife and I quickly made a
Water.” trip back to the beach, with
And it was a good one. lightning rod umbrella in
I guess it was the greatest hand. No glasses.
ever seen over water, but I I spent a restless night
can’t be a good judge of that, thinking about purchasing
I have never seen fireworks something here to help get
fired from the end of a pier me home, then making a trip
and from a boat before. to my eye doc to get a new
However, two problems pair.
A new day dawned and
as I sat on the balcony over-
developed. First, it started
to rain. Ever so slightly at
first. The few drops did not looking the Gulf of Mexi-
interfere with the massive co, having my coffee while
blasts of fireworks. That 25 watching the sun rise, I said
minute show continued right a short prayer:
on through the light rain and “Lord, if you’re not busy
lightning that actually added this morning and I know you
to the show. have major issues to consid-
As the rain increased, the er in this world, but please
sweet wife and I decided help me find my glasses.”
to scamper back up to our Within moments, it came
fourth floor dwelling where to me.
we could hear (believe me we Perhaps there are good
could hear) and see the end people in this world. Maybe
of the holiday show. a person found those glasses
While on the beach, I had and left them somewhere on
taken off my prescription the property.
glasses, put them aside on I made my way down-
the rented chair so that I stairs. In the lobby and on
could properly use my bin- the table by the pool were my
oculars to zero in on a pass- prescription glasses!
ing ship in the night. Took Some good person, who
off my glasses. Remember I will probably never be
that. It is an important part able to identify, found those
of the story. glasses and brought them
We decided that we did to the lobby of this facil-
have enough sense to get in ity. There is no office here,
out of the rain so we depart- no lost and found, but some
ed the white sands to head thoughtful, honest person,
for the balcony on our fourth left those glasses there so
floor rented, temporary that even I could find them,
home. My Sunday School teach-
We made it in record time er, Tommy Freeman, just
to see almost half of the fire- last week talked to us about
works over the water and prayer and mentioned, “Pray
enjoyed a mug of ice tea in about everything, anything.”
the rain cooled evening. I did. I am not sure if the
Now to identify problem Lord himself answered my
two. I picked up my phone prayer or left it to one of
to check the latest baseball his assistant angels, but I
scores and realized only then believe it was answered,
that I couldn’t see the small He also provided good
print. people who instead of tak-
I did not have my glass- ing the glasses and possibly
es perched on my nose! In using the frames for their
our haste to get out of the own benefit or even worse,
rain, and the fact that I have throwing them in the trash,
become so accustomed to did the right thing. I am
my glasses, I didn’t realize thankful.
that they apparently did not To make this episode
make the trip with me from have an even happier end-
the beach. ing, my wife of almost 49
I first looked inside, but years, Patricia Ann, has said
nothing about my inability to
realize that I left my glasses
on the beach. That is why I
call her the sweet wife!
After experiencing our recent
Fourth of July celebrations I’m
reminded why North America
is the greatest country on earth.
Even though according to the
latest poll less than 50 percent
of Americans say that they are
not proud to be an American. I
can truly say that I am. I’ve never
had the desire to live in any other
country. Why consider the rest
when you live in the best.
If these Americans think life
is better in another country then
I encourage them to move to one
of those 192 countries and quit
trying to change ours. Every conservative must wake up and take
It’s obvious that I’m not the only one that feels note of this new threat to our freedoms. It is time
that America is the greatest place to live. Millions to rise up and vote this mid-term election. We
try to come here to live both legally and illegally, must not sit idle and continue to lose our rights
I’m all for anyone wanting to come to this great as American citizens. The current Democrats are
nation but believe they must do so legally. Even if destroying our nation while many Republicans
most Democrats think otherwise. play politics among themselves.
Non-Americans should have the same rights In 1776, 13 colonies united to stand against
as the rest of us, pay 25 to 30 percent of their a country that wanted to control us, but a few
income to the government in taxes, contribute good men fought for our rights so that we could
to multiplied entitlements that our government become the United States of America. This gave
gives away foolishly, not to mention outrageous birth to the Fourth of July celebrations and
health care and pharmaceutical cost and then becoming the greatest nation on earth.
try to live on the remaining 30 percent of their Bark! Bark! It’s time that Americans start
income. barking like crazy. I know the answer, vote for
Yap! Yap! In my humble opinion all the Demo- anybody but a liberal or Democrat, if we get
crats want are votes so that they can take over the enough conservatives in office we can take back
house and senate and get rid of President Trump, our nation and continue in the values that built
In one and a half years they have worked against our nation. I’m waving my flag in support.
him and his cabinet and yet they still can’t prove Speaking of flags congrats to the Rotary Club
Russian collusion even with the help of high and Boy Scouts for putting up flags all over Hen-
ranking officials of the FBI and Justice Depart- derson it looks awesome everytime I ride around
ment. They have created a divided nation rather during our patriotic holidays.
than a united one. I don’t know about you but I love the freedoms
You’re probably right Sparkman while focus- we enjoy here in America and I believe that it’s
ing on their agenda, they have allowed a group of time that we stand for what we believe in as con-
socialist in their party to rise up who want to give servatives and declare our independence.
Dan Moore is editor and publisher of The Henderson
News. His e-mail address is <publisher@thehenderson-
news. com>.
© 2018, Henderson Newspapers Inc.
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Moore, Dan & Griffin, Ashton. The Henderson News (Henderson, Tex.), Vol. 89, No. 32, Ed. 1 Sunday, July 8, 2018, newspaper, July 8, 2018; Henderson, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1236614/m1/2/: accessed July 18, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Rusk County Library.