Roswell Daily Record THE VOICE OF THE PECOS VALLEY
Vol. 120, No. 198 50¢ Daily / $1 Sunday
INSIDE NEWS
Another year for housing turnaround
THURSDAY
www.rdrnews.com
Economic recovery
take at least a year for housing prices and sales to start rising, a key marker of an improved economy. Obama ended a threeday Midwest bus tour with town hall-style meetings in Atkinson and Alpha, in western Illinois. In both places, he was peppered with questions — about regulations on far mers, housing, jobs and the effect of deficit reduction on Medicare, Medicaid and Social Security — that underscored the anxiety people across the country
not fast enough, Obama says on Midwest bus tour
JOPLIN BACK TO SCHOOL AFTER TWISTER
August 18, 2011
OBAMA: It will take at least a year for housing prices and sales to start rising.
ALPHA, Ill. (AP) — Confronting the most public anxiety yet of his Midwestern tour, President Barack Obama sought Wednesday to reassure an audience in his home state of Illinois that the economy would recover, but warned that Washington is not the answer to the nation’s economic troubles. He conceded that it will
are feeling in a time of economic uncertainty. He faced the unease as a new Gallup poll found a 26 percent public approval rating of his handling of the economy, the lowest finding of his presidency by the public opinion research organization. In an interview with CBS News, Obama said the nation was not in danger of falling into another recession but was in jeopardy “of not having a recovery that’s fast enough to deal with what is a genuine unem-
JOPLIN, MO. (AP) — Seniors and juniors are taking classes in a converted big-box store. Freshmen and sophomores are in a building across town. The new middle school is in an industrial park. Across Joplin, the schools are still a jumble ... - PAGE A3
TOP 5 WEB
For The Past 24 Hours
• Job fair draws 550 job seekers • Congressman Pearce visits Roswell • Books examine Internet’s origins and emerging ... • United Way hosts kickoff luncheon • Carranza hearing begins
Autopsy results released in Vega trial
See OBAMA, Page A7
JESSICA PALMER RECORD STAFF WRITER
INSIDE SPORTS
ployment crisis for a whole lot of folks out there, and that’s why we need to be doing more.” White House of ficials said Wednesday that Obama intends to unveil a jobs package and a plan to reduce the deficit in a major speech after Labor Day. Capping the trip near a cornfield in Alpha, Obama fielded anxious questions about environmental regulations on far mers, the
Mark Wilson Photo
A crop-duster flies low over a corn field along South Eisenhower Road in west Roswell Wednesday morning.
The state presented its case on day two of the State of New Mexico versus David Vega murder trial. Vega is facing charges of first-degree murder for the May 10, 2010, shooting death of his son ChristoSee VEGA, Page A7
ROSWELL WINS 7-1
Fueled by Brian Ramirez and Mike Miller, the Roswell Invaders will live on to play another day in the Pecos League Championship Series. The duo combined for six of Roswell’s 11 hits on Wednesday, helping the Invaders capture a 7-1 win in Game 2 of the best-of-three series for the inaugural crown of the six-team league. “It’s just baseball,” said Ramirez ... - PAGE B1
TODAY’S OBITUARIES • Cecilia Martinez Molina Oliva • Matthew Christopher Russell - PAGE B3
HIGH ...97˚ LOW ....71˚
TODAY’S FORECAST
CLASSIFIEDS..........B6 COMICS.................B4 ENTERTAINMENT.....B6 FINANCIAL .............B5 GENERAL ..............A2 HOROSCOPES ........A8 LOTTERIES ............A2 OPINION ................A4 SPORTS ................B1 WEATHER ..............A8
INDEX
Courtesy Photo
Vanessa Kahin Photo
Former POW Chew reunites with veterans
Parent calls RHS north parking lot ‘dangerous’
Once a member of the Mighty Eighth Air Force — a famous World War II air armada — Jack Chew is now a business owner who lives quietly in Roswell. However, Chew enjoys reminiscing about his Mighty Eighth days with fellow veterans during annual reunions. Chew just
High traffic and tight spaces have led to concerns about the safety of students at Roswell High School as they are picked up and dropped off by their parents. Mike Roberts, whose daughter attends Roswell High School, expressed concern over
Members of the Mighty Eighth Air Force reunite in Colorado Springs, Colo.
VANESSA KAHIN RECORD STAFF WRITER
returned from one such reunion at Colorado Springs, Colo. The reunion, which took place Aug. 10-14, was a chance for at least 40 former members of The Mighty Eighth Air Force to convene. “We have (a reunion) every year,” Chew said. “This might be the last one, because there’s not See CHEW, Page A7
Parents and guardians make a line at Roswell High School’s north parking lot as they pick up their child(ren) after school, Wednesday.
VANESSA KAHIN RECORD STAFF WRITER
The new American gold rush: A big bounce, ounce by ounce, as gold takes off NEW YORK (AP) — For what is normally a sleepy month, there are so many customers at the Gold Standard, a New York company that buys jewelry, that it feels like Christmas in August. Uncle Ben’s Pawn Shop in Cleveland has never seen a rush like this. Welcome to the new American gold rush. The price of gold is on a remarkable run, setting a record seemingly every other day.
“Is gold the next bubble?” — Bill DiRocco, a company manager in Kansas
Stomach-churning volatility in the stock market this month has only made investors covet gold more. Some want it as a safe investment for turbulent times. What worries some investors is that many others are buying simply because the price is rising and they
want to make money fast. “Is gold the next bubble?” asks Bill DiRocco, a golf company manager in Overland Park, Kan., who shifted 10 percent of his portfolio earlier this year into an investment fund that tracks the price of gold. He stopped buying because the
price kept rising. In October 2007, it sold for about $740 an ounce. A little over a year later, it rose above $1,000 for the first time. This past March, it began rocketing up. On Wednesday, it traded above $1,793 an ounce, just shy of last week’s record of $1,801. Meanwhile, stocks, despite rising sharply in the last two and a half years, are only See GOLD, Page A7
school officials preventing parents from picking up or dropping off students in the north parking lot. He said this forces parents to use Hobbs Street to pick up or drop off students, and the street experiences an increase in traffic around 7:45 a.m. when the school day See RHS, Page A7
AP Photo
Stocks are only slightly higher in price than they were a decage ago.