Fort Worth Black News July 2023

{ ­ U­ {G ( ɚ { i i11 Ð G{ ­ Ê{ ­Q ­U¤­ ¤1( U"f Q³"f Ð ³sÉ1Ui1( ­ q{s " 1 q³¤1³q 1G{ 1 U­ q{É1¤ ­{ 1 q s1s­ Q{q1ɚ E\ -LOHV &ODUN ):%1 7HHQ :ULWHU

I{¤ 1i i1I1s(¤ ¤QU i1Ð " 1¤ ʮ ({ {­QÐ s{ Ê{{( 1 G{ q1( Us G{ 1¤­ QUii ­ "{s"1 ­ 1¤1s­1( Ð 1i {Ð { 1 ­¤ {(³"­U{s¤

PAGE 10 JULY 2023

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ඈඇඍංඇඎൾൽ ඈඇ 3ൺ඀ൾ @

)඗කග :඗කගඐ %ඔඉඋඓ 1ඍඟඛ -ඝඔඡ 3ඉඏඍ ZZZ IZEODFNQHZV FRP

)඗කග :඗කගඐ %ඔඉඋඓ 1ඍඟඛ -ඝඔඡ 3ඉඏඍ ZZZ IZEODFNQHZV FRP

ƤƤƤɚdƍùĭńĈĈ­ĩĈÝƇŸĈɚŕŸġ )UHH )DPLO\ )HVWLYDO DW .LPEHOO 0XVHXP

)RUW :RUWK 0HWURSROLWDQ %ODFN &KDPEHU RI &RPPHUFH KRVWHG LWV QG $QQXDO /XQFKHRQ DW WKH 2PQL +RWHO 'RZQWRZQ LQ -XQH 7KLV \HDU¶V WKHPH ZDV ³%XLOGLQJ <RXU %XVLQHVV /HVVRQV IURP WKH 7RS´ DQG IHDWXUHG D URXQGWDEOH ZLWK VSHDNHUV 'HU\O 0F.LVVDFN DQG )UHG 3HUSDOO ZLWK %RE 5D\ 6DQGHUV PRGHUDWLQJ 7KH IROORZLQJ DZDUGV ZHUH SUHVHQWHG 3DUWQHU VKLS $ZDUG &LW\ RI )RUW :RUWK 5REHUW 6WXUQV -

(FRQRPLF 'HYHORSPHQW 'HSDUWPHQW 'LUHFWRU :LO OLDP -RKQVRQ - $VVLVWDQW &LW\ 0DQDJHU &KULVWLQD %URRNV - &KLHI (TXLW\ 2IILFHU DQG 'LUHFWRU RI 'LYHU VLW\ ,QFOXVLRQ DQG *ZHQ :LOVRQ - %XVLQHVV (TXLW\ $VVLVWDQW 'LUHFWRU 7KH 3UHVLGHQW¶V $ZDUG 9HUQHOO 6WXUQV /LOOLH %LJJLQV ,Q SDUWQHUVKLS ZLWK 7H[DV &KULVWLDQ 8QLYHUVLW\ WKH RUJDQL]DWLRQ DOVR DZDUGHG D IXOO VFKRODUVKLS WR WKH 7&8 1HHO\ 0%$ SURJUDP

)RUW :RUWK %ODFN 1HZV (VWDEOLVKHG -LOO 'DUGHQ 3XEOLVKHU )RXQGHU (PDLO -LOO'DUGHQ1HZV#DRO FRP

&DOO - - 3 2 %R[ )RUW :RUWK 7H[DV

2XU PLVVLRQ LV WR LQIRUP LQVSLUH WKURXJK UHSRUWV IURP WKH FRPPXQLW\ UDLVH WKH FRQVFLRXVQHVV RI WKH %ODFN FRPPXQLW\

ZZZ IZEODFNQHZV FRP

INFORMING & INSPIRING YOU SINCE 1997

7KH .LPEHOO $UW 0XVHXP LV SUHVHQWLQJ D IUHH FRP PXQLW\ )DPLO\ )HVWLYDO RQ -XO\ ,W¶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

)඗කග :඗කගඐ %ඔඉඋඓ 1ඍඟඛ -ඝඔඡ 3ඉඏඍ ZZZ IZEODFNQHZV FRP

­ĈĈō 1ōŸĭûĩŋĈōƇ ¤ƍŋŋĈŸ "ÝŋŴ 6ඁඈඎඅൽ , 6ඍൺඋඍ $ 1ඈඇ-3උඈൿංඍ" E\ -D&RL -DPHV 3XJK ):%1 &ROXPQLVW

0RVW SHRSOH DUH RQ WKH IHQFH ZLWK UHJDUGV WR VWDUWLQJ D QRQ-SURILW RUJDQL]DWLRQ 7KH FRQIOLFW RU FRQ FHUQ IRU PRVW SHRSOH FRPHV DERXW KDYLQJ WR LGHQWLI\ LI DQ LQGLYLGXDO KDV DQ LQWHUHVW LQ VRZLQJ VHHGV LQ WKH FRPPXQLW\ DQG RIIHULQJ VHUYLFHV RU VXSSRUW IRU IUHH RU DW D VLJQLIL FDQWO\ UHGXFHG IHH 7KHUH LV DW WLPHV DQ LQWHUQDO VWUXJJOH ZLWK RQHVHOI LQ GHFLGLQJ – GR , GR WKLV IRU VRFLDO JRRG RU GR , SD\ P\ ELOOV" ,I \RX¶UH UHDGLQJ WKLV DQG DUH DW D FURVVURDGV RQ ZKHWKHU WR EXLOG D QRQ-SURILW FRQVLGHU WKH IROORZLQJ 'R \RX FXU UHQWO\ KDYH D GLUHFW VRXUFH RI LQ FRPH WR KDQGOH \RXU GDLO\ DQG OLY LQJ H[SHQVHV" ,I QRW WKHQ LW PD\ QRW \HW EH LGHDO IRU \RX WR VWDUW D QRQ SURILW RUJDQL]DWLRQ ,W LV LQ WKLV LQ VWDQFH WKDW , ZRXOG VXJJHVW \RX VH FXUH \RXU PDVN ILUVW EHIRUH DVVLVWLQJ RWKHUV ZLWK WKHLU PDVNV 1RZ WKDW ZH¶YH JRWWHQ WKDW RXW RI WKH ZD\ OHWV GLYH LQWR SURV RI EXLOGLQJ D QRQSURILW RUJDQL]DWLRQ (VWDEOLVKLQJ D QRQ-SURILW DOORZV \RX WR SXUVXH D FDXVH \RX¶UH SDV VLRQDWH DERXW DQG FUHDWH D SRVLWLYH LPSDFW ,W DOVR JLYHV \RX HOLJLELOLW\ IRU WD[-H[HPSW VWDWXV ZKHUH \RX GRQ¶W SD\ IHGHUDO LQFRPH WD[HV RQ WKH RUJDQL]DWLRQ¶V UHYHQXH %HLQJ DEOH WR VHFXUH D WD[-H[HPSW VWDWXV LV DWWUDFWLYH IRU D QRQ-SURILW EHFDXVH LW KHOSV WR DWWUDFW GRQRUV DQG VWUHWFK WKH RUJDQL]DWLRQ¶V UHVRXUFHV IXUWKHU 1RQSURILWV DOVR JHW WKH EHQHILW RI KDYLQJ D KLJKHU OHYHO RI SXEOLF WUXVW DQG FUHGLELOLW\ FRPSDUHG WR IRUSURILW EXVLQHVVHV ,W LV VLJQLILFDQWO\ HDVLHU WR EXLOG UHODWLRQVKLSV JDLQ VXSSRUW DQG FROODERUDWH ZLWK RWKHU RUJDQL]DWLRQV RU VWDNHKROGHUV ZKHQ HQWHULQJ WKH QRQ-SURILW VSDFH 1RZ WKH GLVDGYDQWDJHV«LQ VRPH LQVWDQFHV HVWDEOLVKLQJ D QRQSURILW UHTXLUHV QDYLJDWLQJ OHJDO DQG DGPLQLVWUDWLYH SURFHVVHV VXFK DV ILOLQJ IRU WD[-H[HPSW VWDWXV GHYHO

RSLQJ E\-ODZV DQG DGKHULQJ WR UH SRUWLQJ DQG FRPSOLDQFH UHTXLUH PHQWV 1RQSURILWV UHO\ KHDYLO\ RQ GRQDWLRQV DQG VSRQVRUVKLS DQG EH FDXVH RI WKLV LW FDQ EH YHU\ FKDOOHQJ LQJ IURP D IXQGUDLVLQJ VWDQGSRLQW 7R VXVWDLQ WKHLU RSHUDWLRQV D QRQ SURILW PXVW JHQHUDWH FRQVLVWHQW IL QDQFLDO VXSSRUW ZKLFK SURGXFHV LWV RZQ FKDOOHQJHV DV LW RIWHQ LQYROYHV FRPSHWLQJ IRU OLPLWHG UHVRXUFHV DQG FRQYLQFLQJ GRQRUV WR FRQWULEXWH WR \RXU FDXVH 7KHUH LV DOVR WKH IDFWRU WKDW QRQSURILWV PXVW RSHUDWH ZLWKLQ WKH FRQILQHV RI WKHLU PLVVLRQ DQG DUH VXEMHFW WR JRYHUQDQFH DQG DFFRXQWD ELOLW\ VWUXFWXUHV ZKLFK FDQ OHDG WR FKDOOHQJHV LQ GHFLVLRQ-PDNLQJ DQG RUJDQL]DWLRQ GLUHFWLRQ 2YHUDOO LW LV LPSRUWDQW WR ORRN DW ERWK VLGHV RI WKH HTXDWLRQ ZKHQ WU\ LQJ WR GHWHUPLQH LI HVWDEOLVKLQJ D QRQ-SURILW LV WKH LGHDO PRYH WR PDNH (QVXUH WKDW \RX KDYH WXUQHG RYHU HYHU\ VWRQH DQG H[SORUHG DOO SRVVLELOLWLHV EHFDXVH WKH QRQ-SURILW VSDFH LV QRW IRU WKH IDLQW DW KHDUW

$ERXW -D&RL -DPHV 3XJK -D&RL -DPHV 3XJK LV D FR-IRXQGHU DQG 3UHVLGHQW RI WKH F QRQ-SURILW RUJDQL]DWLRQ %ODFN :RPHQ¶V :DOO 6WUHHW ,QF EDVHG LQ 0DQVILHOG 7H[DV %ODFN :RPHQ¶V :DOO 6WUHHW ,QF ¶V PLV VLRQ LV WR HPSRZHU %ODFN ZRPHQ ZKR DVSLUH WR EH EXVLQHVV RZQHUV E\ HTXLS SLQJ WKHP ZLWK VWDUWXS EXVLQHVV WUDLQ LQJ ILQDQFLDO OLWHUDF\ DQG HGXFDWLRQ VR WKH\ FDQ LPSDFW ORFDO DQG JOREDO FRPPX QLWLHV 6KH LV DOVR WKH OHDG KRVW RI WKH WDON UDGLR VKRZ 7KH %RDUGURRP ZLWK %ODFN :RP HQ V :DOO 6WUHHW ,QF WKDW FDQ EH KHDUG RQ WKH L+HDUW 5DGLR DSS DQG PDLQWDLQV D VPDOO-EXVLQHVV FRQVXOWLQJ SUDFWLFH - .

6ROXWLRQV 7KH HQWUHSUHQHXU LV D SXEOLVKHG DXWKRU RI 7KH 6LQJOH 0RWK HU¶V 3DWK WR :HDOWK

>&RQWLQXHG IURP )URQW 3DJH@

0RQGD\ NLFNHG RII ZLWK &DUHHU ([SORUDWLRQ 'D\ 7XHVGD\ VWXGHQWV HQJDJHG LQ 67($0 'D\ DQG WRXUHG 7H[DV :HVOH\DQ 8QLYHUVLW\ RQ :HGQHV GD\ 7KH\ DOVR IRFXVHG RQ /LIH 6NLOOV ZKHUH WKH\ OHDUQHG GLQLQJ HWLTXHWWH IURP WKH 1DWLRQDO $VVRFLDWLRQ RI 8UEDQ (WLTXHWWH 3URIHVVLRQDOV 7KH FDPS ZUDSSHG XS ZLWK D ILHOG WULS WR 7DUUDQW &RXQW\ &ROOHJH 6RXWK &DPSXV DQG %ROGHU $GYHQWXUH 3DUN RQ 7KXUVGD\ 7KH VWXGHQWV JRW WR FKRRVH VL[ RXW RI WZHOYH FDUHHU VHVVLRQV ZKLFK WR QDPH MXVW D IHZ FRQVLVWHG RI 0DVWHU %DUEHU DQG (QWUHSUHQHXU ZLWK 'HVL &XWW] &RPPXQLW\ DQG &LYLF (QJDJH PHQW ZLWK &RXQFLOPDQ &KULV 1HWWOHV DQG &XOLQDU\ $UWV ZLWK &KHI -DUUHWW 6PDOO , DVNHG 'DYLV WR VKDUH KHU IDYRULWH PRPHQWV IURP WKH &DPS 6KH VDLG LW ZDV D PRPHQW ZKHUH WKH\ WXUQHG RQ PXVLF ZLWK 5RFN-7 IURP WKH 5LFNH\ 6PLOH\ 0RUQLQJ 6KRZ DQG MXVW GDQFHG DURXQG 6KH DOVR VKDUHG WKDW VKH ORYHG WKH IDVKLRQ VKRZ ZKHUH VWXGHQWV

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

)඗කග :඗කගඐ %ඔඉඋඓ 1ඍඟඛ -ඝඔඡ 3ඉඏඍ ZZZ IZEODFNQHZV FRP

E\ 6WDH +DOO ):%1 &ROXPQLVW

6RIW 6NLOOV 6DYH 6DOHV 6DOHV LV ORRNHG DW DV VRPHZKDW RI D GLUW\ ZRUG WR D ORW RI SHRSOH $QG WKH IHHOLQJ LV W\SLFDOO\ PXWXDO RQ ERWK VLGHV RI WKH FRLQ 0DQ\ VK\ DZD\ IURP DQ\ MRE RU EXVLQHVV ZLWK WKH ZRUG ³VDOHV´ LQ WKH MRE-GHVFULSWLRQ EHFDXVH WKH\ GRQ¶W ZDQW WR EH ORRNHG DW DV ³WKDW NLQG RI SHUVRQ´ $QG WKHQ WKHUH DUH WKRVH ZKR FRPSOHWHO\ VKXW GRZQ ZKHQ WKH\ IHHO OLNH WKH\¶UH EHLQJ VROG WR EHFDXVH WKH\ GRQ¶W ZDQW WR IHHO SUHVVXUHG RU KDUDVVHG +RZHYHU ³VDOHV´ LV LQYROYHG LQ MXVW DERXW HYHU\ EXVLQHVV WUDQVDFWLRQ ,Q IDFW LW¶V TXLWH QHFHVVDU\ %XW WKH WKLQJ WKDW PDNHV LW IHHO VR FULQJ\ LV PDQ\ HQ WHU WKH WUDQVDFWLRQ ZLWK WKH ZURQJ DWWL WXGH DQG D ODFN RI 6RIW 6NLOOV :LWK WKDW EHLQJ H[SODLQHG KHUH DUH VRPH 6RIW 6NLOOV WLSV WR KHOS WKH VDOHV SURFHVV EH OHVV FULQJ\ DQG PRUH FRPIRUWDEOH $FWLYH /LVWHQLQJ LV D VXSHUSRZHU ZKHQ LW FRPHV WR VDOHV %H TXLFNHU WR

OLVWHQ DQG VORZHU WR WDON <RX FDQ ILQG RXW PXFK PRUH LQIRUPDWLRQ DERXW ZKDW \RXU SRWHQWLDO FOLHQW RU FXVWRPHU QHHGV E\ OLVWHQLQJ $QG ZKLOH OLVWHQLQJ WDNH QRWHV DQG ZULWH GRZQ DQ\ IROORZ XS TXHVWLRQV \RX PD\ KDYH VR WKDW \RX GRQ¶W KDYH WR LQWHUUXSW DYRLGLQJ WKH ULVN RI DSSHDULQJ UXGH RU LPSDWLHQW $OVR OLVWHQ IRU FOHDU FXHV WKDW¶OO JXLGH \RX WR ZKDW \RXU FXVWRPHU FOLHQW QHHGV WR EH VROG DQG QRW ZKDW \RX ZDQW WR VHOO \RXU FXVWRPHU $GDSWDELOLW\ LV DQRWKHU HVVHQWLDO 6RIW 6NLOO LQ WKH FRPIRUWDEOH VDOHV SUR FHVV <RX PXVW UHPHPEHU WKDW HDFK SHU VRQ \RX HQFRXQWHU LV XQLTXH 7KH\ UH FHLYH DQG SURFHVV LQIRUPDWLRQ GLIIHUHQW O\ 7KHUHIRUH EHLQJ DEOH WR DGDSW WR D PXOWLWXGH RI FRPPXQLFDWLRQ VW\OHV DQG SHUVRQDOLWLHV LV D PXVW +RZ \RX UH VSRQG WR IHHGEDFN TXHVWLRQV DQG FRQ FHUQV IURP \RXU FXVWRPHU FOLHQW LV WKH

PDLQ IDFWRU ZKHQ LW FRPHV WR DGDSWDELO LW\ :KHQ SHRSOH JHW WKH LPSUHVVLRQ WKDW \RX¶UH IUXVWUDWHG RU LPSDWLHQW WKH\ DUHQ¶W JRLQJ WR IHHO DW HDVH 7KHUHIRUH KDYLQJ WKH DELOLW\ WR TXLFNO\ DGDSW DQG UHVSRQG DSSURSULDWHO\ LV D WRWDO JDPHFKDQJHU LQ WKH VDOHV DUHQD /DVW EXW PRVW FHUWDLQO\ QRW OHDVW SHUIHFWLQJ WKH 6RIW 6NLOO RI +XPLOLW\ LV WKH PRVW SDUDPRXQW WLS RI DOO :KHQ LQ VDOHV LW LV FUXFLDO WKDW \RX LGHQWLI\ WKH ULJKW WLPH IRU KXPLOLW\ :KHQ \RX FDQ EH KXPEOH HQRXJK WR EH YXOQHUDEOH DQG DGPLW ZKHQ \RX GRQ¶W NQRZ VRPHWKLQJ RU KDYH DQ DQVZHU WR D SDUWLFXODU TXHV WLRQ \RXU FXVWRPHU FOLHQW ZLOO LPPHGL DWHO\ IHHO D VHQVH RI WUXVW ZLWK \RX PDN LQJ LW SDLQOHVV IRU WKHP WR GR EXVLQHVV ZLWK \RX 1R RQH OLNHV D NQRZ-LW-DOO EXW HYHU\RQH DSSUHFLDWHV D KXPEOH DQG KRQ HVW KXPDQ EHLQJ .HHS WKHVH WLSV LQ PLQG DQG WKH ZRUG VDOHV ZLOO QR ORQJHU EH IULJKWHQLQJ BBBBBBBBBBBBBBBBBBBBBBBBBBBBBB 6WDH +DOO LV D SXEOLVKHG DXWKRU FDUHHU WUDLQ HU WUDQVIRUPDWLRQDO VSHDNHU DQG OLIH FRDFK <RX PD\ FRQWDFW KHU DW ZZZ 6WDH+DOO FRP RU HPDLO 6WDH+DOO#L6$/7 8 FRP

sĈĈā qƍžĭû iĈžžŕōžɛ iĈƇ ³ž ĩĈńŴ ƪŕƍ qÝŀĈ ƪŕƍŸ (ŸĈÝŋɕ ƪŕƍŸ ĈÝńĭƇƪɗɗɗ GŕŸ ŕƣĈŸ ȿɁ ƪĈÝŸž ÊĭńùŕŸō qƍžĭû ¤Ƈƍāĭŕ ĩÝž ùĈĈō ŴŸŕƣĭāĭōġ qƍžĭû iĈžžŕōž Ƈŕ ¤ƇƍāĈōƇž ŕğ ńń ġĈžɚ iĈÝŸō Ƈŕ ĈÝā qƍžĭû ÝōāɠŕŸ ńÝƪ ƪ ɝ1ÝŸɝɚ "Ýńń ­ŕāÝƪɗɗɗ ɧɆȿɅɨ ɃɁȿ-ɀɀɆɂ

)඗කග :඗කගඐ %ඔඉඋඓ 1ඍඟඛ -ඝඔඡ 3ඉඏඍ ZZZ IZEODFNQHZV FRP

E\ 7DQLFLD 3ULROHDX 3KRWRV E\ /D'DULDQ 3ULROHDX

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

)඗කග :඗කගඐ %ඔඉඋඓ 1ඍඟඛ -ඝඔඡ 3ඉඏඍ ZZZ IZEODFNQHZV FRP Dz ǡ Ƭ Ǥdz - ͸ͼǣͽ

7URXEOHV 'RQ¶W /DVW $OZD\V E\ $UQLWD :DUH

7KUHH -RXUQH\V LQ D &KULVWLDQ /LIH E\ 3DVWRU ( / 6SHDUV ,, 7KUHH -RXUQH\V LQ D &KULVWLDQ /LIH GLVFXVVHV WKUHH FRUH MRXUQH\V HYHU\ &KULVWLDQ ZLOO JR $V ZH JURZ DQG PDWXUH LQ &KULVW WKH PDQLIHVWDWLRQ RI WKH MRXUQH\ ZLOO FKDQJH EXW WKH FRUH WUXWK RI ZKDW HDFK MRXUQH\ GRHV IRU XV DV EHOLHYHUV ZLOO DOZD\V EH WKH VDPH 7KH ERRN LV LGHDO IRU SHUVRQDO PHGLWDWLRQ RU JURXS VWXG\

KWWSV IDLWKDQGORYHFRJLF FRP MRXUQH\V

,Q WKH ZRUGV RI +HQU\ :DUG %HHFKHU a ³7KH OLWWOH WURXEOHV DQG ZRUULHV RI OLIH PD\ EH DV VWXPEOLQJ EORFNV LQ RXU ZD\ RU« VWHSSLQJ-VWRQHV WR« +HDYHQ 7URXEOHV DUH RIWHQ WKH WRROV E\ ZKLFK *RG IDVK LRQV XV IRU EHWWHU WKLQJV ´ 0RVW RI XV KDYH KHDUG WKH SKUDVH«´:KDWHYHU GRHVQ¶W NLOO \RX PDNHV \RX VWURQJHU ´ , VXSSRVH WKDW KDV VRPH WUXWK WR LW EHFDXVH«VLQFH LW GLG QRW NLOO \RX PHDQV WKDW \RX VXUYLYHG +RZHYHU \RX DQG , VXUYLYHG QRW LQ DQG RI RXU RZQ VWUHQJWK EXW GHILQLWHO\ E\ WKH JUDFH RI *RG 7DPP\ )HOWRQ VDLG ³:H FDQQRW DEDQGRQ OLIH

EHFDXVH RI LWV VWRUPV 7KH VWURQJHVW WUHHV DUH QRW IRXQG VKHOWHUHG«WKH\ DUH LQ RSHQ VSDFHV – EHQW DQG WZLVWHG E\ ZLQGV RI DOO VHDVRQV -DPHV 1.-9 0\ EUHWKUHQ FRXQW LW DOO MR\ ZKHQ \RX IDOO LQWR YDULRXV WULDOV NQRZLQJ WKDW WKH WHVWLQJ RI \RXU IDLWK SURGXFHV SDWLHQFH ³:KHQ ZH ORQJ IRU OLIH ZLWKRXW GLIILFXOWLHV UH PHPEHU WKDW RDNV JURZ VWURQJ LQ FRQWUDU\ ZLQGV DQG GLDPRQGV DUH PDGH XQGHU SUHVVXUH ´ a3HWHU 0DUVKDOO 5HPHPEHU WURXEOHV GRQ¶W ODVW DOZD\V

$UQLWD :DUH LV D SXEOLVKHG DXWKRU VSHDNHU %RRN (QWLWOHG /RRN 7KURXJK WKH :LQGRZ 6KH LV DOVR DQ HGXFDWRU OLIH FRDFK D /LIHWLPH PHPEHU RI 6WUDWKPRUH¶V :KR¶V :KR :RUOGZLGH WKH IRXQGHU RI -XVW :ULWH ZZZ MXVWZULWH LQVLJKW FRP MXVWZULWH LQVLJKW#JPDLO FRP

0RWLYDWLRQDO %RRNV E\ <RXWK $XWKRU -LOHV &ODUN

Turners Chapel COGIC 5332 Ramey Ave. - Ft. Worth 76105 469-826-6938 FB: turnerschapelcogic

EĞǀĞƌ 'ŝǀĞ hƉ - Ğ zŽƵƌƐĞůĨ - :ŽLJ ŽŶ ƚŚĞ :ŽƵƌŶĞLJ

ZZZ -LOHV%RRNV FRP

7KH 6SLULWXDO 6LGH ZLWK -LOO 'DUGHQ :LVGRP (QFRXUDJHPHQW IRU /LIH )URP WKH YLGHR VHULHV WKDW XVHV QDWXUDO LOOXVWUDWLRQV WR LOOXPLQDWH WKH 3RZHUIXO :RUG RI *RG ,QVSLULQJ 0HVVDJHV IRU WKH <HDU

ZZZ -LOO'DUGHQ FRP

( /RRS - )RUW :RUWK 7;

)඗කග :඗කගඐ %ඔඉඋඓ 1ඍඟඛ -ඝඔඡ 3ඉඏඍ ZZZ IZEODFNQHZV FRP

)RUHVW +LOO /LEUDU\ $QQLYHUVDU\ >&ඈඇඍංඇඎൾൽ ൿඋඈආ 3ൺ඀ൾ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

JUDPV DQG VHUYLFHV LQFOXGH 67(0 3URJUDPV DQG 6XPPHU GDQFH SDUWLHV <RX FDQ ILQG DGGLWLRQDO GHWDLOV FRQFHUQLQJ WKHVH VXPPHU SURJUDPV GLUHFWO\ RQ RXU ZHEVLWH ):%1 6LQFH \RX DOO DUH DW \RXU ILIWHHQ-\HDU PLOH VWRQH DUH WKHUH DQ\ SODQV IRU IXWXUH H[SDQVLRQ RU LP SURYHPHQWV WR WKH OLEUDU\ V IDFLOLWLHV RU VHUYLFHV" 0LFKDHO +DUGULFN :H UHFHQWO\ KDG DUFKLWHFWXUH GRQH WR WKH OLEUDU\ EXLOGLQJ LQ 0DUFK 7KHUH DUH ILYH DFUHV RI ODQG DOORZLQJ SOHQW\ RI URRP WR H[SDQG :LWK WKLV ODQG ZH ZRXOG OLNH WR EXLOG D FRPPXQLW\ FHQWHU IRU WKH UHVLGHQWV ZKLFK ZRXOG DOVR KHOS SURYLGH VHUYLFHV DQG D VDIH SODFH IRU WKH WHHQDJHUV WR KDQJ RXW DQG HQJDJH ZLWK RQH DQRWKHU <RX PD\ ILQG RXW PRUH DERXW WKH )RUHVW +LOO /LEUDU\ DQG WKHLU IXOO OLVW RI VXPPHU SURJUDPV E\ YLVLWLQJ ZZZ IRUHVWKLOOOLEUDU\ RUJ

)඗කග :඗කගඐ %ඔඉඋඓ 1ඍඟඛ -ඝඔඡ 3ඉඏඍ ZZZ IZEODFNQHZV FRP

ϋ

7KH 6XSUHPH &RXUW¶V 'HFLVLRQV 'HOLYHU $ /HJDO 6XFNHU 3XQFK WR $PHULFD¶V 'LYHUVLW\ (TXDOLW\ E\ 7HUU\ $OOHQ ):%1 &ROXPQLVW

³*RRG PDQQHUV ZLOO RSHQ GRRUV WKDW WKH EHVW HGXFDWLRQ FDQQRW ´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

*RRG 0DQQHUV

*RRG PDQQHUV HTXDO VXFFHVV %XLOGV FRQILGHQFH %XLOGV JRRG ILUVW LPSUHVVLRQV <RX JDLQ PRUH RSSRUWXQLWLHV %XLOGV UHODWLRQVKLSV ³(WLTXHWWH LV 127 ([WLQFW´ ,W KDV (YROYHG

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

6HQLRU %LQJR )RRG *LYHDZD\ 7KH )RUW :RUWK $VVRFLDWLRQ RI )HGHUDWHG :RPHQ¶V &OXE +RXVH KRVWV 6HQLRU %LQJ HYHU\ ILUVW )ULGD\ DP - QRRQ )RU VHQLRUV ZKR TXDOLI\ D ER[ RI IRRG LWHPV DUH DOVR JLYHQ IURP - S P SURYLGHG E\ 7DUUDQW $UHD )RRG %DQN /RFDWLRQ LV (YDQV $YHQXH )RUW :RUWK 7H[DV

/XFLOOH ³%LJ 0DPD´ $OOHQ ZRXOG JLYH PH OHVVRQV WKDW ZHUH XQDSRORJHWL FDOO\ DXWKHQWLF WR KHU H[SHULHQFHV DV D EODFN ZRPDQ ,Q P\ HYHU\GD\ DFWLYLW\ HYHU\ VLQJOH RQH RI XV OHDQHG RQ KHU ZLVGRP DQG LW KHOSHG XV IDFH PDQ\ RI WKH QHJDWLYH H[SHULHQFHV RI EHLQJ D EODFN PDQ LQ $PHULFD :KHQ %LJ 0D PD VDLG ³$ GRJ VKRW LV D ORZ EORZ WKDW LV LQWHQGHG WR GHIHDW \RX GHVWUR\ \RX DQG LW FRPHV IURP D IULHQGO\ IDFH ´ ,W LV VR GHFHSWLYH WKDW SHRSOH VD\ :RZ , ZRXOG QRW GR WKDW WR D GRJ $ GRJ VKRW DOVR EHFDPH NQRZQ DV D VXFNHU SXQFK $V , OLYHG DQG H[SHULHQFHG WKH LPSDFW RI SURIHVVLRQDO DWWDFNV , EHJDQ WR HPEUDFH /XFLOOH ³%LJ 0DPD´ $OOHQ¶V SOD\ERRN 6KH WDXJKW PH KRZ WR UH SODFH GLVFRXUDJHPHQW ZLWK LQVSLUHG HPSRZHUPHQW 6KH WROG XV RYHU DQG RYHU DJDLQ LQ WKH PLGVW RI WKH YDOOH\ WKDW ³DOO VNLQ IRON DLQ¶W NLQIRON ´ 6KH KDG VWRU\ DIWHU VWRU\ KRZ PHPEHUV RI KHU IDPLO\ RU SHRSOH LQ KHU FLUFOH ZRXOG KXUW KHU WKH PRVW ZLWKRXW ZDUQ LQJ 6KH WDXJKW PH WKDW WKLV EHWUD\DO DQG DWWDFN WKDW IHOW OLNH LW FDPH RXW RI QRZKHUH ZDV WDUJHWHG DQG SODQQHG WR ORRN DV LI LW ZHUH ZLWKRXW ZDUQLQJ 6KH PDGH PH XQGHUVWDQG WKDW D VXFNHU SXQFK KDG PDQ\ IDFHV 6KH ZRXOG TXRWH 5RPDQV DQG 7LPRWK\ DQG H[ SODLQ WR PH ³6RPHWLPHV WKH KDUGHVW ZRUN ZH FDQ GR LV WR VLW VWLOO DQG KDQJ RQ %DE\ ´ 2XU ODWHVW VXFNHU SXQFK FRPHV IURP WKH KLJKHVW FRXUW LQ WKH ODQG 7KH UHFHQW GHFLVLRQV PDGH E\ WKH 6XSUHPH &RXUW GHOLYHUHG D KDUVK IDLWK-VKDNLQJ OHJDO VXFNHU SXQFK WR WKH $PHULFDQV WKDW UHO\ RQ DIILUPDWLYH DFWLRQ DQG GL YHUVLW\ WR REWDLQ SDULW\ 7KHVH GHFLVLRQV KDYH FUHDWHG D ULSSOH HIIHFW WKDW UHVRQDWHG WKURXJKRXW WKH FRXQWU\ )LYH WRS HIIHFWV RI WKHVH GHFLVLRQV DUH JRLQJ WR LPSDFW RXU FLWL ]HQV DW WKHVH OHYHOV GHFUHDVHG GLYHU

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³:LWK OHW-WKHP-HDW-FDNH REOLYLRXVQHVV WRGD\ WKH PDMRULW\ SXOOV WKH ULSFRUG DQG DQ QRXQFHV µFRORUEOLQGQHVV IRU DOO¶ E\ OHJDO ILDW %XW GHHPLQJ UDFH LUUHOHYDQW LQ ODZ GRHV QRW PDNH LW VR LQ OLIH ´ 5HDGHUV GLG \RX KDYH D 'RJ 6KRW RU 6XFNHU 3XQFK WR VKDUH" 'R \RX KDYH LGHDV IRU VROXWLRQV RQ KRZ WR HPSRZHU RXUVHOYHV WR ULVH DERYH" (PDLO PH \RXU WKRXJKWV DW WHUU\DOOHQSU#JPDLO FRP 7HUU\ $OOHQ LV DQ DZDUG-ZLQQLQJ PHGLD SURIHVVLRQDO MRXUQDOLVW DQG HQWUHSUHQHXU +H LV DOVR WKH IRXQGHU RI &LW\ 0HQ &RRN DQG 0HGLD

)඗කග :඗කගඐ %ඔඉඋඓ 1ඍඟඛ -ඝඖඍ 3ඉඏඍ ZZZ IZEODFNQHZV FRP WDNLQJ FDUH RI \RXU NLGV <RX DQG *RG DUH D PDMRULW\ ,Q D MRXUQDO DFNQRZOHGJH H[DFWO\ ZKHUH \RX DUH DQG ZKDW LV FKDOOHQJLQJ WR PRYH WKURXJK 7KHQ OLVWHQ WR \RXU LQQHU WKRXJKWV DQG DFNQRZOHGJH \RXU DXWKHQWLF IHHOLQJV ZKR¶V YRLFH GR \RX KHDU :ULWH 'HDU 5HPRQ &DQGDFH WKRVH GRZQ $VN \RXUVHOI ³:KDW LV , DP D -\HDU-ROG PRWKHU RI WKH PHQWDO RU HPRWLRQDO SD\-RII , JHW IRXU FKLOGUHQ , KDYH WZR ER\V DQG IURP EHLQJ VWXFN LQ WKHVH IHHOLQJV WZR JLUOV 0\ ILUVW KXVEDQG ZDV WKH HPRWLRQV"´ :ULWH LW GRZQ 1RZ DVN YLFWLP RI D GULYH-E\ VKRRWLQJ ZKHQ KH \RXUVHOI ZKDW DUH \RX ZLOOLQJ WR GR WR ZDV \HDUV ROG 0\ VHFRQG KXVEDQG JHW WKH IUHHGRP \RX GHVLUH" OHIW PH WZR \HDUV DJR , JXHVV , KDYH , GR QRW NQRZ ZK\ \RXU KXVEDQG EDG OXFN ZLWK PHQ $IWHU P\ VHFRQG DEDQGRQHG KLV PDUULDJH EXW \RX FDQ KXVEDQG OHIW , ORVW P\ KRXVH 7KH FKRRVH WR XVH WKLV H[SHULHQFH IRU \RXU 0DUVKDOO FDPH ZLWK IRXU SROLFHPHQ HPRWLRQDO PHQWDO SK\VLFDO DQG VSLU 7KH\ PDGH PH DQG P\ FKLOGUHQ OHDYH LWXDO JURZWK«,) <28 :$17 72 WKH KRXVH ZLWK WKH FORWKHV RQ RXU *RG XVHV KDUGVKLSV LQ PDQ\ ZD\V EXW EDFNV :H DOO ZHUH WUDXPDWL]HG E\ LW XOWLPDWHO\ LW¶V WR GUDZ XV FORVHU WR , IHOW OLNH D IRRO , ZDV VR HPEDU KLP DQG WR GLVFRYHU PRUH RI ZKR ZH UDVVHG 0\ NLGV ZHUH VFUHDPLQJ DQG UHDOO\ DUH ,W¶V WLPH WR JHW XQVWXFN WKHUH ZDVQ¶W DQ\WKLQJ , FRXOG GR EHFDXVH +H ZDQWV WR XVH \RX LQ D YHU\ 0\ KXVEDQG OHIW PH ZLWK GHEW , SRZHUIXO ZD\ 7KH ZRUOG QHHGV \RX ZDV RQO\ ZRUNLQJ SDUW-WLPH DQG KH WR VKRZ XS WRRN FDUH RI HYHU\WKLQJ +RZ VWXSLG ,I \RX QHHG VXSSRUW GR QRW KHVLWDWH ZDV , WR GHSHQG RQ D PDQ +H ZDV D WR VFKHGXOH D GLVFRYHU\ FDOO JRRG PDQ EXW KH OLNHG RWKHU ZRPHQ $IWHU P\ ODVW EDE\ , JDLQHG D ORW RI - 7KH 7XFNV ZHLJKW , JXHVV WKDW¶V ZKHQ KH VWDUWHG BBBBBBBBBBBBBBBBBBBBBBBBBBB ORRNLQJ DURXQG +RZ FRXOG KH OHDYH PH OLNH WKLV" +RZ GLG KH WKLQN , ZDV 5HPRQ &DQGDFH 7XFN DUH WKH IRXQGHUV RI 7KH &RXSOHV /RXQJH DQ DZDUGLQJJRLQJ WR WDNH FDUH RI P\ NLGV" ZLQQLQJ WDON VKRZ DQG PDUULDJH PRYH PHQW 7KHLU PLVVLRQ LV WR LQVSLUH HQFRXU DJH DQG JLYH KRSH WR *RG¶V VDFUHG PDU ULDJH XQLRQ 7KH PRYHPHQW FRQVLVWV RI VSHDNLQJ PDUULDJH HYHQWV DQG UHWUHDWV 7KH 7XFNV DUH WKH DXWKRUV RI 6RPHERG\ +HOOR 4XHHQ 6KRXOGD 7ROG 0H 0DUULDJH 'R :H 5HDO O\ .QRZ :KDW ,W¶V $ERXW &DQGDFH LV WKH , ZDQWHG WR DFNQRZOHGJH \RX DV IRXQGHU RI :H :LOO :LQ DQ DIILOLDWH RI WKH WKDW ILUVW , NQRZ JRLQJ WKURXJK WKLV PRYHPHQW ZKLFK FRQVLVWV RI FRXSOHV DQG KDV SUREDEO\ KDG \RX DVNLQJ WKH TXHV LQGLYLGXDO FRDFKLQJ VHUYLFHV

6LJQHG 6WXFN ,Q (PRWLRQV 7H[DV

WLRQ :K\ 0H /RUG" <RX KDYH WDNHQ WKH ILUVW VWHS LQ KHDOLQJ E\ VKDULQJ \RXU VWRU\ , ZDQW WR VXSSRUW \RX ZLWK JHWWLQJ XQVWXFN $ KXVEDQG¶V UHVSRQ VLELOLW\ LV WR SURYLGH SURWHFW ORYH DQG EH WKH VSLULWXDO OHDGHU RI KLV KRPH $ ZLIH LV VXSSRVHG WR EH DEOH WR GHSHQG RQ KHU KXVEDQG <RX DUH QRW VWXSLG \RX DUH QRW D YLFWLP DQG \RX GR QRW KDYH EDG OXFN ZLWK PHQ :H DOO KDYH RXU RZQ VSLULWXDO FXUULFX OXP VR JLYH HYHU\RQH SHUPLVVLRQ WR EH LQ WKHLU H[SHULHQFH <RX DUH D SRZ HUIXO EHLQJ DQG YHU\ ZHOO-FDSDEOH RI

)ROORZ RQ VRFLDO PHGLD 7KH &RXSOHV /RXQJH 2UGHU ERRN ZZZ OXOX FRP %RRN IRU VSHDNLQJ HQJDJHPHQWV ZHZLOOZLQ#FDQGDFHWXFN FRP 'R \RX KDYH D TXHVWLRQ WR VXEPLW IRU 7KH 7XFNV WR DQVZHU" :ULWH ZHZLOOZLQ#FDQGDFHWXFN FRP RU 0F3KHUVRQ %OYG 6WH )RUW :RUWK 7;

čĆēēĔē ĆēĎĊėǣ ĊĘĈĊēĉĆēę Ĕċ čĔĒĆĘ ĊċċĊėĘĔē 6KDQQRQ /D1LHU LV D WK-JHQHUDWLRQ GLUHFW GHVFHQGHQW RI 3UHVLGHQW 7KRPDV -HIIHUVRQ -HIIHUVRQ VODYH 6DOO\ +HPLQJV +H LV D QHZV DQFKRU IRU &KHGGDU 79 DQG WKH FR -KRVW RI /LYH /LIH %HWWHU D KHDOWK DQG ZHOOQHVV VKRZ :KLOH SUR PRWLQJ 7KH 6PLWKVRQLDQ &KDQQHO 2QH 7KRXVDQG <HDUV RI 6ODYHU\ – 7KH 8QWROG 6WRU\ /D1LHU VWRSSHG E\ WKH 9DOGHU %HHEH 6KRZ WR VKDUH DERXW WKLV JURXQG EUHDNLQJ IRXU-SDUW GRFX-VHULHV SURGXFHG E\ $QJHOD %DV VHWW DQG &RXUWQH\ % 9DQFHµ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¶V GRFX-VHULHV <HDUV RI 6ODYHU\ WKH 8QWROG 6WRU\ 6/ 7KLV LV DQ DPD]LQJ SURMHFW WKDW ZDV SURGXFHG E\ $QJHOD %DVVHWW DQG &RUWQH\ % 9DQFH 7KLV LV PXVW-VHH 79 EHFDXVH LW KDV D VWDU-VWXGGHG FDVW ZKLFK LQFOXGHV 'U %HUQLFH .LQJ 'HEELH $OOHQ 9DOHULH -DUUHWW DQG /RUUDLQH 7RXVVDLQW ZKR ZLOO EH WDONLQJ DERXW WKH JOREDO FRP SUHKHQVLYH KLVWRU\ RI VODYHU\ ,¶P WDONLQJ DERXW IURP $IULFDQ WR WKH &DULEEHDQ IURP 1HZ 2UOHDQV WR ,VWDQEXO :H¶UH WDONLQJ DERXW D WKRXVDQG \HDUV DQG PRUH WKH\ ZLOO EH GLVFXVVLQJ ,W LV QRW MXVW WKH QRUPDO IRXU-KXQGUHG \HDUV RI VODYHU\ ZH WDON DERXW KHUH LQ WKH 8QLWHG 6WDWHV :H UHDOO\ SHHO EDFN WKH OD\HUV RI WKH LPSDFW DQG UHVLVWDQFH DQG HYHU\WKLQJ LQYROYHG LQ VODYHU\ 7KLV GRFX-VHULHV LV H\H RSHQLQJ DQG UHYHDOLQJ (YHQ LI \RX WKLQN \RX NQRZ \RX ZLOO EH VXUSULVHG 9% :KHQ ZH WDON DERXW \RX EHLQJ

LQWHUHVWHG DQG FRQQHFWHG WR WKLV VHULHV WHOO PH ZK\" 6/ ,W¶V LPSRUWDQW WKH LPSDFW WKDW VODYHU\ KDG QRW RQO\ RQ WKLV FRXQWU\ >$PHULFD@ EXW RQ P\ IDPLO\ DV D GHVFHQG

DQW RI 7KRPDV -HIIHUVRQ DQG 6DOO\ +HP PLQJV 7KRPDV -HIIHUVRQ EHJDQ KLV UHOD WLRQVKLS ZLWK 6DOO\ +HPLQJV ZKHQ WKH\ ZHUH LQ 3DULV - ZKHQ VKH ZHQW RYHU WR ZDWFK RYHU KLV FKLOGUHQ LQ 3DULV 6KH ZDV IUHH WKHUH EHFDXVH LW ZDV QRW OHJDO WR KDYH VODYHV LQ 3DULV 6R \RX VHH WKH G\QDPLFV RI ZKDW -HIIHUVRQ GLG WKHUH :H WDON DERXW LQ WKH GRFX-VHULHV DQG KRZ WKHUH ZDV LQNOLQJ WKDW ZH NQRZ KH >7KRPDV -HIIHUVRQ@ NQHZ VODYHU\ ZDV ZURQJ \HW KH FDPH EDFN WR WKH 8 6 DQG FRQWLQXHG WR OHW LW EH OHJDO KHUH +H KDG RSSRUWXQLWLHV WR VWRS VODYHU\ WR GR VRPHWKLQJ DERXW VODY HU\ \HW KH GLG QRWKLQJ :H KDYH WR ORRN DW KRZ KLV LPSDFW DV D IRXQGLQJ IDWKHU LPSDFWV WKH ODZV ZH QRZ KDYH WRGD\ ,PSDFW RQ WKH WKLQJV SXW LQ SODFH WKDW DUH VWLOO KROGLQJ SHRSOH EDFN QRW MXVW LQ $PHULFD EXW ZRUOGZLGH««

9DOGHU %HHEH 6KRZ IZEODFNQHZV FRP DXGLR LQWHUYLHZ 6RXQG&ORXG FRP YDOGHUEHHEHVKRZ 32'&$67 <RX7XEH FRP YDOGHUEHHEHVKRZ 9DOGHU%HHEH6KRZ FRP %URDGFDVW NNYLIPGIZ FRP

)඗කග :඗කගඐ %ඔඉඋඓ 1ඍඟඛ -ඝඔඡ 3ඉඏඍ ZZZ IZEODFNQHZV FRP

7ඐඈ 0ൺඅൾ /ൾൺൽ &ඁൺඋൺർඍൾඋඌ $උൾ $ൿඋංർൺඇ-$ආൾඋංർൺඇ E\ .HQQHWK 6 % 6SHDUV HVT ):%1 &RQWULEXWLQJ :ULWHU

'LVQH\¶V )52=(1 WKH PXVLFDO LV PDN LQJ LWV ORQJ-DZDLWHG SUHPLHUH DW )RUW :RUWK¶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

WKH PDOH OHDGV 'RPLQLF 'RUVHW ZKR SOD\V .ULVWRII DQG (YDQ 'XII ZKR SOD\V :HVHOWRQ DUH ERWK %ODFN PHQ $ VKDUHG VHQWLPHQW DPRQJ ERWK 'RUVHW DQG

'XII LV WKH IDFW WKDW WKH\ DUH WKH UHSUHVHQWDWLRQ WKDW WKH\ GLG QRW VHH LQ VKRZV OLNH WKLV JURZLQJ XS ,Q WKH ZDNH RI WKH GUDPD VXUURXQGLQJ 'LVQH\¶V FKRLFH WR FDVW +DOOH %DLOH\ LQ WKH OLYH DFWLRQ YHUVLRQ RI 7KH /LWWOH 0HUPDLG LW ZDV LQWHUHVWLQJ WKDW ERWK PHQ GLG QRW IHHO DQ\ H[WUD RU DGG HG SUHVVXUH LQ SOD\LQJ WKHVH FKDUDFWHUV WKDW ZHUH RULJLQDOO\ GHSLFWHG DV ZKLWH PHQ LQ WKH DQLPDWHG ILOP 'RUVHW VWDWHG WKDW ³VWRULHV DUH XQLYHUVDO DQG WKH FRORU RI D SHUVRQ GLGQ¶W PDWWHU EHFDXVH ZH DOO VWLOO IHHO DOO RI WKH VDPH HPRWLRQV ´ /LNHZLVH 'XII VWDWHG WKDW EHFDXVH KH VKRZV XS HYHU\ GD\ DQG IRFXVHV RQ WKH ZRUN WKHUH ZDV QR H[WUD SUHVVXUH EHFDXVH KLV ZRUN HWKLF VSHDNV WR WKH UHVSRQ VLELOLW\ KH IHHOV DV D EODFN DFWRU JHQHUDOO\ DQG WKH H[FHOOHQFH FRPHV IURP ZRUNLQJ KDUG 'RUVHW DQG 'XII ERWK VSRNH WR WKH KLJK HQHUJ\ SHUIRUPDQFHV ZLWKLQ WKH VKRZ 'RU VHW PHQWLRQV WKH ³H[KLODUDWLQJ DQG YHU\ XQ UHDO IHHOLQJ´ WKDW FRPHV ZKHQ .ULVWRII DQG 6YHQ PDNH WKHLU ELJ HQWUDQFH DQG UHYHDO 'XII PHQWLRQV WKH FRURQDWLRQ VHTXHQFH ZLWK DOO RI WKH FDVW DQG (OVD¶V ³/HW ,W *R´ DV KLV WZR IDYRULWH SDUWV RI WKH VKRZ WR ERWK EH D SDUW RI DQG WR ZDWFK +H GHVFULEHV WKH YLVFHUDO UHDFWLRQV WKDW ERWK WKH DXGLHQFH DQG FDVW H[SHULHQFH GXULQJ WKRVH VH TXHQFHV

)඗කග :඗කගඐ %ඔඉඋඓ 1ඍඟඛ -ඝඔඡ 3ඉඏඍ ZZZ IZEODFNQHZV FRP