And now:Ish <[EMAIL PROTECTED]> writes: From: [EMAIL PROTECTED] Date: Mon, 12 Jul 1999 13:57:03 EDT Subject: RMIC Initiates Financial Management Curriculum at Pine Ridge RMIC Initiates Financial Management Curriculum at Pine Ridge WINSTON-SALEM, N.C., July 12 /PRNewswire/ -- Republic Mortgage Insurance Company (RMIC) has committed funds and support to a Financial Management Curriculum for ninth grade and community college students at the Pine Ridge Indian Reservation. The program is part of President Clinton's "New Markets Initiative," which is intended to challenge corporate America to leverage resources to help underserved communities. RMIC's announcement was made at the recently concluded Shared Visions Native American Homeownership and Economic Development Summit, sponsored by the U.S. Department of Housing and Urban Development and held at the Pine Ridge Indian Reservation, Pine Ridge, South Dakota. The event featured a visit and speech on homeownership and economic development by President Clinton. "As part of the mortgage finance industry, we at RMIC realize financial education is the foundation for success of individuals, companies and society," said Bill Simpson, president and CEO of RMIC. "This foundation must be developed at a young age, not just when customers fill out their first loan application. Today's students are tomorrow's home buyers and young people need sound credit education and experience when they buy a home. Teaching high school students to manage their personal finances will give them a strong foundation as homebuyers and as successful adults." RMIC will donate textbooks and provide instructor training to establish the curriculum for 1,000 students a year at the ninth grade level. RMIC will also establish and support the program for 1,000 students a year in the Tribal Community Colleges for the next five years, to accommodate students who will not have the chance to participate in the ninth grade program. The curriculum is based on the textbook How Chuck Taylor Got What He Wanted (and how you can, too!). The Chuck Taylor textbook was written by William F. Staats, Professor of Banking and Finance at Louisiana State University, and E.D. Sledge, president of the Consumer Credit Counseling Service (CCCS) in Baton Rouge, Louisiana. The book chronicles the financial adventures -- and occasional misadventures -- of fictional teenager Chuck Taylor, his family and his friends. Using Chuck's story as a narrative that begins and ends each chapter, the textbook explores money management fundamentals including free enterprise, establishing realistic financial goals, buying and financing "big ticket" items such as a home or a car, using credit cards and learning the value of insurance. Based on success of the Pine Ridge program, RMIC plans to expand the program to Reservations nationally and will seek local co-sponsors. To date, RMIC has funded the donation of more than 15,000 books into schools in Arizona, Colorado, Florida, North Carolina, Texas and Virginia to help establish basic financial instruction at the high school level. RMIC is a national private mortgage insurer based in Winston-Salem, North Carolina. RMIC offers mortgage lenders an array of innovative products including ZIP(R) Monthlies, OASIS(R) Contract Underwriting, Secondary Marketing, Professional Training, Quality Control, and Affordable Housing Programs. For more information on RMIC, contact Pam Curtis at (800) 999-RMIC (7642), write RMIC, 190 Oak Plaza Blvd., Winston-Salem, North Carolina 27105 or visit RMIC's Internet site at www.rmic.com . SOURCE Republic Mortgage Insurance Company CO: Republic Mortgage Insurance Company ST: North Carolina IN: INS FIN EDU RLT SU: 07/12/99 13:54 EDT http://www.prnewswire.com " Since trade ignores national boundries and the manufacturer insists on having the world as a market, the flag of his nation must follow him, and the doors of the nations which are closed against him must be battered down. Concessions obtained by financiers must be safeguarded by ministers of state, even if the sovereignty of unwilling nations be outraged in the process." (or mass murders committed in the name of greed..marketocracy at it finest) Woodrow Wilson, President of the United States, 1907}
