Newspapers / The News-Record (Marshall, N.C.) / April 2, 1987, edition 1 / Page 2
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Church News Rummage Sale In Progress The Marshall First Free Will Baptist Church and the Shoal Hill Free Will Baptist Church will co-sponsor a rummage sale on through Friday in the Jackie Ball Building on Main Street, Marshall, beginning at 8:30 a.m. daily. Cemetery Meeting Planned There will be a meeting concerning The Gap of the Mountain cemetery Friday at 7 p.m. at the Spring Creek United Methodist Church. Donations should be sent to Bill Ferguson, Hot Springs, N.C. 28743. Revival To Begin Sunday , The First Baptist Church of Marshall will be holding revival ^services Sunday through April 12 at 7 p.m. daily. Dr. Cal Guy, distinguished Southern Baptist professor, pastor and writer, will preach each night. The theme for the week of services is "Catch The Spirit, Pass It On." Several services will have special emphasis: Monday is family night; Tuesday, youth night; Wednesday, Sunday school night; Thursday, children's night; Friday, community service night; and, Saturday, neighbor fill-a-pew night. Special music is planned and a nursery will be provided. Benefit Singing Set The Middle Laurel Church of God will hold a benefit singing for Grove Franklin on April 11 at 6:30 p.m. The Rev. Ray Flet cher invites everyone to attend. Special Service Planned There will be a special song service at Lower Big Pine Bap tist Chruch Saturday night beginning at 7 p.m. The David Shelton family and the Easter Gap Singers will be featured. The Rev. Danny Little invites everyone to attend. Another Rummage Sale Set The Jesuit Residence and Andrew Graves Outreach Pro gram Chapel of the Redeemer Catholic Church in Hot Springs will sponsor a rummage sale Saturday from 1 to 5 p.m. on the grounds on th$ Jesuit Residence across from Hot Springs Elementary School. etvare The 1 Portable Pension Plan ' f * .- w P flr ?? By RON HOLLAND Generally in this column I discuss economic and financial iinirn affec ting residents of the Southeast. Ifciat week I need to address a matter of economic and financial security of a scope that will affect every American working today. There is a move in Washington which will dramatically affect your investment and retirement planning; it strikes at the core of retirement security. Several presidential hopefuls in both political parties, in cluding former Gov. Pierre duPont of Delaware, Former Sen. Gary Hart of Colorado and Rep. Richard Gephardt of Missouri and the National Democratic Party, are testing the wsters of public opinion concerning another government sponsored retirement system similiar to Social Security. ? The proposal, to be sold to the American people as the "portable pension plan," would tie s worker's pension plan to the worker rather than to the company for whom he or she works. On the surface, this seems like a godsend. Individuals who may lose part of their unvested pension monies by changing Jobs would take their pension with than. The more than half of U.S. wage earners who labor for employers not offering pen sion programs would have man datory coverage available through a Dinner To Benefit Volunteer Worker A hamburger and hot dog dinner will be served from U a.m. until 7 p.m. Saturday at Mars Hill United Methodist Church in Mars Hill.. The dinner is sponsored by the United Methodist Women to help defray the expenses of one of its members who is going on a building team to the Dominican Republic. Heidi Worley, a 1985 graduate of Madison High School, is now a sophomore at the University of North Carolina at Chapel Hill majoring in Heidi Worley f . . .on Dominican building team psychology and international studies. Worley will be on a 25-member work team, sponsored by the Wesley Foundation, that will be refurbishing and reroofing a church in Santo Dom ingo in the Dominican Republic. The team will be gone May 11-19. Each person is expected to raise $600 to help defray expenses for transportation and building materials. The Mars Hill United Methodist Church is about a quarter mile past the Mars Hill Post Office on Main Street. THE NEWS RECORD USPS 388-440 Second Class Mail Privileges Authorised At Marshall. NC 28753. The News Record is published each Thursday by The Newt Record, Main Street. Marshall. NC. 28751. POSTMASTER: All address chances should be sent to The Newt Record. P. O. Boa 369. Marshall. N C 2S7S3. Telephone: Marshall 649 274 1 Cheryl W. Kia-nift Hill Student Urnriul Muiutgrr Editor SUBSCRIPTION RAT* In Madison and Buncombe Countws One year $7.88 (includes SlAte T uat. OulMh llni natMtarv In $1 I.UwMmm hairs StuU-'Twa I. Out W-filatc lltt.iO 1 y . r-- 111 | | li In i hi Ml w ill 4 a? act? 1? Mus<w TWt NBV* UCOftD iwarws ft* rttfft Is a* m r*trt at Ms a* government-sponsored retirement plan with matching employer and employee contributions beginning at possibly 2 percent of compensation. Four years ago, in a feature for "Wealth" magazine. I developed a future scenario in which the govern ment "revokes the tax-exempt status of individual retirement accounts and institutes an emergency national pen sion plan, designed to 'save Social Security' and regulate private pen sions 'in the public interest'." The scenario is coming true. The 1986 Tax Reform Act eliminated fully deductible contribu tions to IRAs for wage earners with income in excess of $25,000. Pat Choate, who formulated the man datory portable pension plan in his book "The High Flex Society," iden tified the true nature of the plan with Ms statement: "The plan would aleo provide a major new means of in creasing national savings." What most politicians are not men tioning about the portable pension proposal is that contributions would mandatory for all employers and employees. It would be administered by the Department of the Treasury, the Pension Benefit Guarantee Cor poration, or the Social Security Ad ministration. If this proposal becomes law, the new portable pension proposal and mandatory contributions would become another government spon sored retirement system aimiliar to Social Security. Once again we will exchange our current wealth for future government promises. Listen for the term "Portable Pen sion Plan" in the presidential elec tions. Recognise the plan for what it is - Just another tax to pay. Remember, the Social Security System originated as a 3 percent tax; it is now above 14 percent. We are currently robbing future generations to support our failing system today. Don't allow history to repeat itself tomorrow. Attention Seniors Need to order additional graduation calling cards? uJtlk (fynn of i wanton 50 for* 1 1.00 (special lettering *15.00) (other quantities available) Call or Come By THE NEWS RECORD Main Street, Marshall 649-2741 ^j, CAROLINA TIRE CO. Retail Division of Brad Rafan, Inc. Stoney Knob, Weaverville 658-2741 Johnson's Farm & Home Supply No. Main St., Weaverville 645-6959 | MAM ST . MAftSMAU. NC 2?? S3 14* 7539 Frank Roberts, Broker #75259 Main Street, Marshall 649-2535 Riverside Appliance APPLIANCE REPAIRS CALL ME THERE 645-4420 Huston Allen ? M?-223? Take A Friend To Church Lake Louise Automotive SerM inc. Brakes, Tune-up, AH Car Sers Mike Davis 134 Merrimon, Weaverville 645-9662 645-9609 . Seeyouin ?m ni N Branches in Marshall & Weavervillel Families that Pray Together? Stay Together! Asheville Outdoor Power Equipment 0Husqyjyna 207 Weaverville Hwy., Asheville 645-9440 The News Record P 0. Box 369 Marshall. N.C. 28753 649-2741 MINTZ CARE HOMES A horn -Not an institution Wolf Laurel Resort Restaurant*, Lodging, Sports, Homtsites 689-4111 0. A. Gregory, Inc. Distributors of Gulf Oil Products We appreciate the support of these sponsors Photography by Randy Cox 10* M. Main Str**t WMWVtfe, NC 2S7M 70*^454514 Support Your Local Church Madison Gun Club Guns, Ammunition, Reloading equipment Open Saturday Only 649-3606 Blue Ridge Communications Professional Radio Systems, Scanners, CB and Auto Radios 770 New Stock Rd., Weaverville 645-7070 BRUSH CREEK GULF Rt 5, Marshall 649-9041 Attend The* Of Your C That phrase bothers me, and it plays havoc with some people's internal clocks! ( Daylight can he altered Dy turning of clocks, but saved? People are always telling us how to "save time." We are encouraged to purchase "time-saving devices." "time-saving machines." and "time-saving schedules." But can you actually "save time?" Where do you store it? How do you file it? Or bank It? CwimN iK7. mm wim milium ? P. a Bo. MM. CMXMMMM. V* 22906 You cannot save time but you cer tainly can waste it The only thing we can do with time is MANAGE IT. And I'm convinced that in most cases the differ ence between success and failure, ac complishment and striking-out is found precisely at the point of time-manage ment The person who manages TIME has learned how to manage life. Because life is time and time is life. Get your time in focus and much of life focuses. "The clock upbraids me with the waste of time," said Shakespeare. And La 0, Bruyere added:' "Those who make the ? worst use of time most complain of its T shortness." Sunday 2 Timothy 13-14 Monday LJ-I ncorcws 8:1-13 Tuesday i-l-L. ncorews 1 a. 19-39 Wednesday Exodus 11:1-10 Thursday Exodus 12:1-14 Friday Exodus 12-21-36 Saturday Numbers 9:1-14 If foil wish to help sponsor this pafcc ?. like mail or
The News-Record (Marshall, N.C.)
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April 2, 1987, edition 1
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