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S VOL. XXII Newsline In This Issue The Tri County’s Only Multicultural Newspaper In This Issue TRI COUNTY ENTRY NO. 35 FRIDAY, JULY 11, 2014 Santa Barbara 4th of July Parade See page 15A African Roots, American Family EDC-VC Staff and Advisor Achieve Six Sigma Certifications See Around VC - Page 2A CI’s Gamma Beta Phi Chapter Wins Top National Awards See Education - Page 5A Brownley Announces $1.4 Million for Ventura County See State - Page 6A Bonaventure Wakam, Daniel Wakam, and Dr. Irene Wakam Former Apple Exec Murdered by Prostitute See Tech News - Page 10A Edison Informs Consumers About Rate Hikes By Tim Pompey Most of us come from families which have emigrated to the U.S., assimilated, and become modern day Americans. Such is the case with the Wakam family: father Bon and mother Irene, children Bonarene, Glenn, and Daniel. When Bon and Irene moved to the states from Cameroon in 1980, they both attended Wayne State University in Detroit, Michigan. They started dating there and got married four years later. Bon, who received a degree in chemical engineering from Wayne State and a master’s degree in busi- (Photo Credit: Phillip George) ness from Central Michigan University, worked in the automotive industry for many years. In 1998, he opened KHAM (meaning peaceful), his own business brokerage firm in Ventura specializing in business sales, business evaluation, mergers and acquisitions. Irene became Camarillo Fiesta & Street Fair in Camarillo Old Town See Local - Page 1B Russ Worden (left), a director in the SCE rates group, and Sandy Close (right), executive director of New America Media, held a meeting for journalists and other media representatives on July 1 at the Ventura County Government Center to explain the recent rate increase implemented this month by Southern California Edison. (Photo Credit: Keisha Brown, LaGrant Communications) Quattro at Heritage Square See Community Calendar Page 10B By Tim Pompey If you haven’t opened your electric bill this month, prepare for a surprise. Southern California Edison is passing along a rate increase for summer usage. Not a small one either. Many domestic consumers could see their monthly bill jump by as much as ten dollars a month from now until November. As if to help consumers brace themselves for the news, Edison is going town to town informing the general public about its rate hikes. One of those meetings with journalists and other media representatives took place on July 1 at the Ventura County Government Center. Russ Worden, one of Edison’s rate group directors, provided some rationale for recent rate hikes. As he explained, “We have an obligation to EDISON, See page 12A a board certified family practice physician and has an office in Ventura. For Bon and Irene, their home may be America, but many of their values are rooted in their Catholic faith and their Cameroonian culture. “The way that I grew up in Cameroon,” said Bon, “that’s what I know. When I grew up, I was careful not to do something that my neighbors would find out and tell my parents. I had to be respectful of other people in the community. This has kept me grounded.” He admits, however, that the issues facing today’s FAMILY, See page 14A By Charlene Crowell NNPA Columnist You’ve probably heard the advertisements on urban radio urging consumers with at least $10,000 in debt to call a number right away for a financial rescue. Promising to end debt troubles by getting creditors to somehow accept less money than what is owed can sound really appealing. In reality, however, consumers mired in debt may often find debt settlement programs to be costly, misleading, and far less helpful than the radio ad promises. In the newest chapter in the research series titled The State of Lending, the Center for Responsible Lending (CRL) finds that debt settlement is a risky strategy that can leave consumers more financially vulnerable and still laden with debt years after they enroll in such programs. Regardless of how well consumers follow the instructions of their debt settlement firm, they may ultimately be unsuccessful DEBT, See page 12A Debt Settlement Programs are Misleading

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