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October 19th, 2013

Our country of debt – our problem and our opportunity

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Question: Debt is such a big problem in this country. The government keeps borrowing more money. It seems like people are losing their houses and going bankrupt more than ever before. Has anyone ever thought about making debt illegal, or at least cutting back on how much someone can get?
Answer: Be careful what you wish for.
There is already a mechanism in place to control the amount of debt any one person has. I’ll explain that later.

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Don’t follow the herd

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There’s a theory on Wall Street that goes something like this: If you follow the crowd and buy the hot investment of the day, chances are you’ll be scooping up shares when most others are about to sell. This natural “herd instinct” of buying when everyone is euphoric may mean you’ve entered the game too late and are buying at the wrong time.
Investors often jump in at the wrong time because they’re worried about what others are doing instead of focusing on good old-fashioned fundamentals such as a company’s earning potential and its management.

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Suddenlink offers 107MB Internet service in Lincoln

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Suddenlink has announced that it has started offering residential customers in Ruston and Grambling its High-Speed Internet MAX 107.0 service, featuring a download speed up to 107 Megabits per second (Mbps) and an upload speed up to 5 Mbps.
Suddenlink’s MAX 107.0 is the fastest residential Internet service in the communities.
High-Speed Internet MAX 107.0 is enabled by Suddenlink’s deployment of industry-leading technology called DOCSIS 3.0.
Suddenlink believes it is the only Internet service provider using this technology in its local service area.

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Business Briefcase

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MCDONALD HONORED BY ATO
Kyle McDonald, CEO of Argent Financial Group, was recently honored at The Association of Trust Organizations (ATO) annual conference as the 2013 Member of the Year.
This award is chosen by the members of the association to recognize not only the honoree’s contribution to the association, but also their influence and impact on the trust industry. McDonald has served on the board of ATO for several years and through his efforts has garnered respect and appreciation both personally and professionally.

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Cedar Creek: Students succeed at academics, sports, service

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The following Cedar Creek seventh grade students have been invited to participate in the Duke University Talent Identification Program. Students are identified based qualifying scores that are at or above the 95th percentile earned on a recent standardized test.

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Emphasis on sewer, safety pays off for city

It wasn’t that long ago that the city of Ruston stayed at almost constant odds with the Louisiana Department of Environmental Quality over the municipal wastewater treatment and collection system.
Compliance issues plagued the aging, antiquated system, and when it rained, bad matters got worse. The north wastewater treatment plant on Goodwin Road didn’t have the capacity to handle the extra flow.

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Negative words have huge impact

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I’m pretty sure Tom had no idea just exactly what he was getting into when he crossed paths with me five years ago. Outside of inheriting daddy and all the wildness that goes with that, little did he know that he would soon adopt an alter ego as well.

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Political division a slippery slope

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Without driving an issue into the ground, we now have seemingly survived the shutdown at the federal level. The purpose of today’s comments is not to attack the Affordable Care Act. I am simply commenting on the state of affairs in Washington and to a lesser extent in Baton Rouge. There is too much bitter partisanship. Elected officials should be “partisan” to the taxpayers.

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Trying to stay connected after illnesses

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This is probably the second weirdest column I’ve ever written. Why?:
First, let me tell you about the first.
I believe it was shortly after the Christmas holidays, many years ago when I was living in Ruston. The family was still with us from Texas and Alabama. I had excused myself from the festivities to write my column at the last minute in the early evening.

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Club news: Littera Club meets

Fall flowers and leaves decorated the Community Room of Community Trust Bank for Littera’s second meeting of the year. The fall table was set with pumpkin pie, nuts, candy corn, a vegetable tray and cookies by hostess Ruth Wall and cohostesses Carolyn Russell and Gloria Gullatt. Members had a time of fellowship and an opportunity to visit with the guest speaker, Lisa Lacayo.

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