SUNDAY
ESTABLISHED 1911. SERV ING EAST POLK MORE THA N EV ER.
youth football
Wolvervines teams fall in playoffs 1B
5 0 C E N TS >> W I N T E R H AV E N, F L OR I DA >> Su nday, Nove m ber 23 , 2 0 0 8 >> VOL . 98 , I SSU E 74
Cultural pride
Local American Indian tribes carry on history, heritage of their ancestors. 1D
SWAMped >> The Gators keep their winning streak going with a rout of The Citadel at florida field. 1B ONLINE >> For video of Friday night’s high school football playoff action, GO To newschief.com
Slow stock crash
MERRY MARK ET
Sunday comics newly expanded
Investor fears remain deep despite rally
The News Chief’s Sunday color comics lineup has grown from the four pages carried just two weeks ago to a total of seven pages today. A six-page comics section, featuring reader favorite “Pickles” and additions such as “Baby Blues” and “Six Chix,” is among the regular inserts in today’s newspaper. In addition, readers will find on Page 5C of the “PS” Polk Shopper (classified) section another full page of five color comics. Those comics, “Prince Valiant,” “The Born Loser,” “Shoe,” “Cathy” and “Close to Home,” are favorites held over from the four-page section the News Chief carried. Enjoy your Sunday — and enjoy your expanded selection of Sunday comics in the News Chief.
By STEVENSON JACOBS The Associated Press
N EW YOR K — Since the Nov. 4 election, investors have been abandoning stocks in a kind of slow-motion crash that experts say underlines just how anxious they are about what is likely to be a long and deep recession. Even after a late-day rally on Friday, the benchmark Standard & Poor’s 500 index has plunged 20 percent since the election. That more than wiped out the index’s 18 percent gain in the six trading days ahead of the balloting as optimism grew that Barack Obama would be elected president.
“You can almost hear people yelling, ‘Get me out at any price.’”
Holiday event offers shopping galore News Chief correspondent
WINTER HAVEN — During two cool winter days, Nora Mayo Hall was transformed into a winter wonderland. The Junior League of Great-
Analysts aren’t blaming Obama specifically for the postelection hangover. Rather, they peg it to growing fears that the Bush Administration and Congress are fumbling the $700 billion bailout plan and the weakened economy’s impact on financial stocks — highlighted by the plunge in shares of Citigroup Inc. to below $4 a share. “You can almost hear people yelling, ‘Get me out at any price,’” said Al Goodman, chief market strategist at Wachovia Securities. “It’s the highest level of fear and depression in my 45 years as a student of the market.” Market experts define a crash as a decline of 20
INDEX
Jessica Fischer places her 7-month-old daughter, Caroline, on Santa’s lap for a photo on Saturday at the Junior League of Greater Winter Haven’s Merry Market at Nora Mayo Hall in Winter Haven.
By BRENDA EGGERT BRADER
Al Goodman chief market strategist at Wachovia Securities
Please see Crash, 11A
PAUL CRATE / News Chief
er Winter Haven’s wrapped up its Merry Market event Saturday in Winter Haven. This was the first year for the expanded program. The league “used to hold a breakfast with Santa event,” said
Angela Moore, chairwoman of this year’s program. Last year’s event included a few booths for Christmas shopping for the parents when the children were participating in crafts. The
vendor portion was so popular, the league decided to try a bigger event this year so Merry Market was born, Moore said.
Inventor touts island Picnic wraps up Family Week activities as green model
By BRENDA EGGERT BRADER News Chief correspondent
LAKELAND — Between 300 and 400 people attended a picnic to conclude Polk County’s Family Week events on Saturday at the Polk Community College campus in Lakeland. The Family Week event was organized to “spread the word about family strength,” according to volunteer chairwoman Lori Waters. Waters said the event was conceived from her connection with her church family. The more she discussed it, the more it grew, she said. The networking came to include members of her church, friends who became interested, the YMCA and the Polk County School Board — “all people
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GREG FIGHT photo
Nat West of Winter Haven helps Ella Manley, 5, of Bartow, play the hammered dulcimer as her brother Jacob, 8, at right, watches. who know the importance of a Waters said she received strong family,” she said. “wonderful e-mails all week
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about how pleased people were with the events.” The Family Day events on Saturday began with a run along the Fort Fraser Trail on U.S. Highway 98 and State Road 540. The picnic was held at the Polk Community College/ University of South Florida Polytechnic campus. Picnic activities included football, a Frisbee toss and races. Demonstrations included line dancing, Tai Chi Club and Polk Partnership dancing. “I heard about the fun run from a friend who knows I like that sort of thing and went and did it,” said Michelle Adams of Bartow.
MYSTIC, Conn. — Energy independence is still only a hypothetical goal for the U.S., but the owner of a tiny island off the coast of Connecticut says he has already achieved that feat and is offering his work as a model. Dean Kamen, inventor of the Segway and numerous medical devices, jokingly refers to his North Dumpling Island as an independent nation and himself as Lord Dumpling. Kamen claims to have his own currency and
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Please see Island, 11A
By JOHN CHRISTOFFERSEN The Associated Press
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