B2 September 6 - 12 12.pmd - San Gabriel Valley Examiner

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B4 S.G.V. EXAMINER The Importance Of This Friday's Employment Report In Friday's Jackson Hole speech, Federal Reserve Chairman Ben Bernanke made a forceful case for further largescale asset purchases, or quantitative easing. It is clear the Fed Chairman wants Quantitative Easing 3, but he still has to convince a skeptical Open Market Committee. Next Friday's employment report will be a key data point if it is going to happen this year. THE SPEECH Bernanke talked about the effectiveness of the extraordinary policy pursued by the Fed since the crisis, and in particular touted Fed analysis which found the first two QE rounds boosted GDP by three percent and boosted employment by two million jobs. The Bank of England found a proportionate result in their analysis of their own QE programs, he said. (He warned that these estimates may not be entirely accurate, as any estimate of what might have happened is just that, an estimate.) By linking QE to jobs, Bernanke forcefully reminded us of the Fed's mandate. The Fed exists to pursue stable prices and full employment. Bernanke ran through a cost benefit analysis in which he listed four major objections to QE. 1. The functioning of the securities markets could be impaired. 2. A further expansion of the Fed's balance sheet could undermine faith in the ability to exit accommodation, thereby increasing inflation expectations. 3. If too many investors chase yield, they may take inappropriate risks, undermining financial stability. (Though he noted this is always a risk with monetary stimulus.) 4. The Fed could suffer financial losses if the value of assets on its balance sheet falls. But, he said, "In light of the policy actions the FOMC has taken to date, as well as the economy's natural recovery mechanisms, we might have hoped for greater progress by now in returning to maximum employment." He blamed a still weak housing sector (despite some recent improvement), restrictive fiscal policy, especially at state and local levels and strains in credit and financial markets. He emphasized tight borrowing conditions, but failed to draw the obvious link to tough new regulations designed to prevent many of the loans common a few years ago. "As we assess the benefits and costs of alternative policy approaches, though, we must not lose sight of the daunting economic challenges that confront our nation," he said. "The stagnation of the labor market in particular is a grave concern not only because of the enormous suffering and waste of human talent it entails, but also because persistently high levels of unemployment will wreak structural damage on our economy that could last for many years." The Chairman is clearly hoping for another QE round, but the rest of the Committee is divided. Next Friday's employment report is likely to decide whether anything is done at the September meeting. Remember, too, that not taking action in September does not rule it out later. In 2010, the second round of QE hinted at in August was not announced until November. The 2010 speech The lead-up to Friday's Jackson Hole speech was punctuated by repeated reminiscences of Jackson Hole 2010. It was there Bernanke tipped his hand and signaled QE2. Or at least, that's the way many of my colleagues remember it. But it didn't really happen that way. As is so often the case when investors unravel the clues to a In In A A Nutshell Nutshell What’s up in the Economy? KEN HERMAN Economic Analyst & Former Glendora Mayor Fed action, the speech alone would not have given anything away if not for the context provided by events leading up to it. It's worth a quick review because understanding what happened two years ago provides useful context for understanding potential outcomes this year. >In July 2010, private payrolls rose 71,000, a disappointingly small gain made worse because it followed increases of just 51,000 in May and 31,000 in June. Employment growth was stalling. >At the August 10 FOMC meeting, the Committee chose to reinvest the cash from mortgage principal payments (prepays) into longer-term Treasury securities. This was primarily a reaction to a report from Brian Sack at the New York Fed showing how mortgages were unexpectedly melting off the Fed's balance sheet due to low interest rates, but it was perceived as easing. >On August 24, three days before the Jackson Hole speech, Jon Hilsenrath at The Wall Street Journal published a tell-all account of the August 10 FOMC meeting. The article named names and spilled details so precise they would not even make it into the minutes published a week later. Eventually, the article spurred the Fed to adopt new communication guidelines for officials, but at the time they revealed a fractured FOMC and - for the first time - clearly revealed Bernanke as the most dovish of them all. As for the speech itself, Bernanke talked about easing in the context of what global central banks had done in the past and what the Fed still could do to help the economy. Then he said the FOMC had not decided to do anything else. He did, however, offer two conditions which would justify further easing: a credible threat of deflation or a credible threat of recession. The bond market started pricing in QE in early August, after the July employment report. The speech had very little impact on yields. But the stock market, which had been falling for two weeks, bottomed on the day of the speech and rallied through year end. So perhaps some investors did hear the speech as tipping-off the second round of QE. But it is also noteworthy that the Fed did not announce it in an FOMC statement until November, though New York Fed President Bill Dudley made it pretty apparent in an October 1 speech. Then, just two weeks later, the New York Fed surveyed the primary dealers to determine how big it should be, further tipping its hand. Bernanke's leadership of a newly-fractured board made his comments about QE in 2010 all the more potent. The market started paying much more attention to how he expressed his own views, even perhaps when he said he wasn't speaking for the Fed. Until then, there had not been a hint of dissent since the financial crisis erupted in 2008. As Hilsenrath explained it, disagreement at the Fed was so heated, even the decision to reinvest mortgage prepays at the August meeting was controversial, passing only because Bernanke was masterful in managing the debate. Divergence at the Fed today If anything, the divergence FINANCIAL / CONSUMER of views within the Fed is even more pronounced today than it was two years ago. Fed hawks who opposed QE two years ago are frustrated because they believe their primary fears about QE were borne out but ignored. Richard Fisher in particular seems frustrated that QE caused massive swings in the value of the dollar and in the cost of commodities, appears to have benefited asset markets only temporarily and left the Fed with a $2 trillion bond portfolio to manage. Wall Street's understanding of the economic expansion has changed, both inside and outside the Fed. Most people, including Bernanke, expected a pretty typical recovery in 2010. No one thinks that now. To some, that is justification for more aggressive monetary policy. To others, it is proof that the very remedies we have adopted are holding back the recovery. Bernanke must convince at least some people from each of these camps to endorse QE if it is going to happen. WHY FRIDAY'S REPORT IS A BIG DEAL The August FOMC minutes showed broad support for easing unless the data turned decidedly better for a sustained period, but as James Bullard told CNBC after their release, "The minutes are a bit stale since we have some data since then that has been somewhat stronger." He went on to say that it is one thing to talk hypothetically about what it would take to justify easing. It is another altogether to actually vote for it. If data continues to be consistent with 2% growth, he said, it isn't going to happen. Wall Street agrees that he is probably right. That's why the August employment report this week is such a big deal. It does not have to be strong to justify the FOMC remaining on hold. Job growth of 150k is ample to do that, despite being a disappointment to the sustainable-growth crowd. Anything between 100k and 150k is likely to result in more vigorous debate but no ease and only a sub- 100k number is likely to prod the Fed into action. Some economists say a higher unemployment rate could move the Fed. The rate bottomed in April at 8.1% and has since risen to 8.3%, part of a two-and-a-half year old pattern stretching back to the start of the recovery. Every year, the rate has fallen rapidly in the fall and winter and risen a few tenths in the spring and summer. The 2010 low was in June, the 2011 low was in March, and this year's was in April. Another tenth or two is easily dismissed as part of a seasonal issue Bernanke talked about in February. As a result, Wall Street talks about the importance of the employment report, but the really important thing is nonfarm payrolls. There were no industries that weakened by more than a few thousand in July. There are two ways to think about this. An optimist might argue the balance of change - the stuff going on at the margins - was all good. But a pessimist might point out that the number of industries which grew and the number that shrunk was about the same in July as in June. But the handful of industries which skewed from the recent norm all skewed the same way, allowing a few small improvements to add up to what looked like a big change for the better. We won't know until Friday and the August report if this pickup in activity is sustainable or, perhaps, the harbinger of a broader-based improvement. But again it raises the stakes because a weak employment report in August would signifi- I hesitate to ask for help with my current life insurance policy, 'cause I don't want to be pressured into buying something else that I don't really need. I went online, thinking I wouldn't have to deal with an agent, but that backfired - I've been flooded with calls from numerous salespeople. Can you just honestly look at my policy, give me the facts, and assure me that you won't try to sell me something I don't need? I promise - no pressure, no sales. I'll take a look at your current policy, listen to what you want, answer your questions, and supply you with all the information you'd like to help you make your own decisions. In return, I ask only one thing; that you'll be honest and up front with me. Should I get term life insurance or whole-life life insurance? And, besides cost, how do I figure how much life insurance to get? Although term insurance is typically less expensive than whole-life insurance, it's best to get quotes for both. The drawback of term life insurance is that it expires at the end of the term selected. Nowadays there are 'return-of-premium' term life insurance policies. Although these cost roughly one-third more than plain term life insurance, when you're still alive at the end of the term, you get a RANCHO CUCAMONGA - Paul Davis, a leading national provider of water, fire and mold damage clean up and restoration services for residential and commercial properties, supports National Preparedness Month to help individuals and families. "Disasters can strike at any time. It is essential to take readiness steps now for a better response later," said Tony Cunzio, owner of Paul Davis Emergency Services of Rancho Cucamonga. "The National Preparedness Month event is a great reminder for communities and businesses everywhere to always be prepared for a disaster." According to The Department of Homeland Security's Federal Emergency Management Agency's (FEMA), the program focuses on preparing for threats and hazards that pose the greatest risk to the security of the United States. It is the shared responsibility of individuals, communities, private and nonprofit sectors, faith-based organizations, along with Federal, state, and local government. cantly undermine the better one in July. LIVE LOCAL, SHOP LO- CAL - THIS IS THE TIME OUR MERCHANTS NEED US I welcome your questions and c o m m e n t s : kenherman46@hotmail.com The San Gabriel Valley Examiner Julia Yoder refund of almost all the premiums you've paid. Whole-life insurance, on the other hand, might cost a little more than term life insurance, but it does not expire as long as you continue to pay your premiums. And, if you want to be covered for life, but don't want to pay premiums for life, you can obtain a quote which calculates the premiums to a certain age. Whole-life insurance can build up a cash value, accessible during your lifetime. To calculate how much insurance you'll need, estimate how much your heirs will need to maintain their lifestyle without you. Don't forget to include additional costs they may face in your absence. If you've got young children, for example, include rising costs for childcare and higher education. Add up all other sources of income: spouse's salary, pension, Social Security, or, if eligible, any other government benefits. September 6 - 12, 2012 How can I reduce the estate tax obligations for my heirs? Life insurance is becoming more and more popular among wise investors to cover final expenses and inheritance / estate taxes. Proceeds paid to beneficiaries from a life insurance policy are income tax free. Life insurance policies are typically settled quickly (unless there are suspicious circumstances surrounding the insured's death, of course). How can I make sure that I don't outlive my retirement income? While it is good that about half of the people who are retired live beyond the average life expectancy, it also creates several risks, such as being unable to protect your standard of living, the ability to pay for increased healthcare costs beyond what Medicaid (MediCal in California) doesn't cover, losing purchasing power due to inflation, and unplanned-for long-term health care cost. In fact, that to advances in healthcare, it's not uncommon for a couple age 65 for one or both of them to live into their 90's. There are investment vehicles in place that allow you to convert your rp1(k) into a lifetime income stream, and also guarantee that you will not lose any principal or interest, while at the same time, defer taxes, often over several generations. Property Damage Restoration Company Provides Safety Tips For National Preparedness Month In September PASADENA - Color Me Mine will be hosting their much anticipated grand opening for their newest location in Pasadena, CA. To celebrate this arrival, Color Me Mine Pasadena will have limited time Customer Appreciation Discount from September 1st-8th. This special deal offers 40% off any ceramic piece in the studio! This does not include the studio fee. The Paint-It- Yourself ceramics studio boasts well over 400 The program stresses the lessening of impact from natural disasters and promotes quick response to save lives, protect property, the environment, and meet basic human needs in the aftermath of a catastrophic incident. This year, the National Preparedness Month theme includes creating a family emergency plan; emergency supply kits; help for neighbors in need, and teamwork for safety. Visit www.Ready.gov for information. Paul Davis recommends the following for a Basic Emergency Kit: • Water - one gallon per person per day for at least three days • Food - at least a three-day supply of non-perishable food • Clothing - change of clothing and a sleeping bag for each person • Battery-powered or hand crank radio, a NOAA Weather Radio, extra batteries • Cell Phone and charger • Flashlight and extra batteries • First aid kit - sterile gloves; adhesive bandages; antibiotic ointment; gauze pads; iodine/alcohol pads; medical tape; pain reliever; emergency Mylar blanket; thermometer; prescription medications and supplies. • Waterproof, portable containers - for IDs, insurance policies, bank account records, site maps, employee contact, computer backup files, emergency and law enforcement information, and priority documents. Store a second set of records off-site. About Paul Davis: Paul Davis Restoration, Inc., a subsidiary of FirstService Corporation (NASDAQ: FSRV; TSX: FSV), is a national franchisor and leading provider of restoration services for residential and commercial properties since 1966. Paul Davis also provides complete remodeling services and has franchise locations throughout North America with owners and technicians who are certified by The Institute of Inspection, Cleaning and Restoration Certification (IICRC). Visit the local office website at www.pdesranchocucamonga.com. Color Me Mine Returns to Pasadena New management greets the Pasadena community; offers paint-it- yourself ceramics ceramic items to choose from, a Design Center featuring 22,000 images and over sixty colors to paint with! Customers design and paint their pieces however they like. Talented staff members are ready with painting tips. It’s so easy anyone can do it! It’s great fun to relax and paint, and even more fun to take the glazed and fired work of art and enjoy it forever! Color Me Mine Pasadena is great for birthday parties, showers, handprints, fundraisers, scouting, school programs and much more! It’s a great way to spend quality time while creating gifts and keepsakes that will last a lifetime. Everyone’s an artist at Color Me Mine! For more information on Color Me Mine Pasadena, please contact the studio at (626) 298- 6765, or visit www.pasadena.colormemine.com. Studio hours are Monday-Saturday 11AM-9PM and Sunday 11AM-7PM. About Color Me Mine Inc.: Color Me Mine is the leader in the paint-it-yourself ceramics industry with 136 studios franchised throughout the world. Each location is an upscale artas-entertainment studio offering unfinished ceramics and other craft media. Customers enter a relaxing environment, choose one of 350 unfinished ceramic pieces, and spend an hour or two painting it to explore their own artistic vision. For more information on how it works, promotions, classes, programs, or to book a party please visit: www.colormemine.com.
September 6 - 12, 2012 ARCADIA Senior Men's Club Membership Drive The Arcadia Senior Men's Club is accepting new members. Arcadia residency is not required. Play contract bridge or pinochle. The group meets at the Assistance League Community House, 100 So. Santa Anita Avenue every Monday from 9:00 AM to 3:00 PM. Lunch is provided for a nominal fee or bring your own lunch. The group is open to men 50 or older. The annual dues are $5.00. For more information call (626) 333-0225. AZUSA Azusa High Band to Hold Car Wash The Azusa High School Band and Pageantry will hold a car wash on Saturday, September 15, from 9 a.m. to 2 p.m. in the faculty parking lot on campus. Students will wash cars and trucks for $6. Proceeds will go to purchase needed attire for the band and pageantry. TOPS Meeting TOPS(Take Off Pounds Sensibly) #950 Azusa has been serving the San Gabriel Valley since 1967 and has successfully supported and assisted men and women in their pursuit to lose weight. Through group support to start living the good life by eating healthy and doing exercise. TOPS is a non-profit weight loss group which meets weekly every Thursday at 9:00AM to 11:00AM at Soldano Senior Village in their meeting room in Azusa. There is no obligation, all visitors are welcome. For more information, Please call Norm Klemz, 626-967-8829 COVINA Knowledge & Health Fair Expo - Free The City of Covina Parks & Recreation Department - Senior Services Division is presenting their annual Knowledge and Health Fair Expo. Join us on Wednesday, September 26, 9 a.m.-12 p.m. Obtain valuable information from various vendors. Free screenings may include blood pressure, glucose, bone density, hearing, and many VALLEY/SENIOR NEWS Around the Valley & Senior News more. For more information, call (626) 384-5380 Scrapbooking Club The City of Covina Parks & Recreation Department - Senior Services Division is excited about the Scrapbooking Club for adults age 50+. The meetings will be held on Wednesdays from 9 a.m.-12 p.m., at the Covina Joslyn Center, 815 N. Barranca Avenue. For more information, call (626) 384-5380. Bridge The City of Covina Parks & Recreation Department – Senior Services Division invites seniors for a friendly game of Bridge. Games will take place at Joslyn Center, 815 N. Barranca Avenue at 1:00 p.m. every Wednesday. A fee of $1 will be required to participate. For more information, call (626) 384-5380. Book Club The City of Covina Parks & Recreation Department - Senior Services Division is excited about the book discussion group for adults age 50+. Discuss books in a social setting and share your passion for reading with others. The meetings will be held on the first Thursday of each month at 1:30 p.m., at the Covina Joslyn Center, 815 N. Barranca Avenue. Light refreshments will be served. For more information, call (626) 384-5380. Billiard Room - Free The City of Covina Parks & Recreation Department – Senior Services Division invites seniors to play pool in our Billiards Room. Be a part of the fun and excitement! Invite your buddies for a fun game of pool! The billiards room is located at Joslyn Center, 815 N. Barranca Avenue and open Monday- Thursday, 9 am-4 pm and Fridays, For more information, call (626) 384-5380. Palminteri And The Big Band - “A Night Of Dinner And Dancing” The City of Covina Parks & American Legion Post to Host Car Cruise COVINA - The Charter Cove Cruisers of American Legion Post 755, Covina, will host its End of Summer Car Show on Sunday, September 9 from noon to 4pm. In addition to 50's and 60's music, they will be serving hamburgers and hot dogs for a nominal donation and will have continuous opportunity drawings during the afternoon. The highlight of the show will be the drawing of the winner of a beautiful Hot Rod BBQ, the proceeds of which will go to the Wounded Warrior Program at Casa Colina in Pomona. The Show will be held at the American Legion Post located at 20516 Arrow Hwy, Covina (southeast corner of Arrow GLENDORA - La Fetra Center at 333 E. Foothill Blvd., Glendora, will offer new “Hot Hula” Fitness Class sessions beginning September 10th through September 27th. Another session will follow on October 1st through October 18th. These 3-week (6 classes, Mondays & Thursdays from 9:00 a.m. to 10:00 a.m.) sessions are a new and exciting workout inspired by the dancers of the South Pacific Islands. Hot Hula incorporates easy to perform movements set to the sounds of Hwy. and Bonnie Cove). The Charter Cove Cruisers is a car club sponsored by American Legion Post 755. Membership is open to all members in good standing of the American Legion, the American Legion Auxiliary and The Sons of the American Legion, regardless of post affiliation. With a current membership of 2.4 million wartime veterans, The American Legion was founded in 1919 on the four pillars of a strong national security, veterans affairs, Americanism, and youth programs. Legionnaires work for the betterment of their communities through more than 14,000 posts across the nation. “Hot Hula” Fitness Class At La Fetra Center Polynesian drumbeats fused with modern upbeat music. The result is a fun “total body workout” enjoyed by all ages, fitness levels, and body types. The instructor is Shirley Gramlich and the class is $44 per session. Glendora residents may register on line for this and other classes beginning August 27th (non-residents August 30th) at www.activenet.active.com/ glendoracommsvcs or please call La Fetra Center, 626-914- 0560 for more information. Recreation Department, Senior Services Division is presenting Palminteri and the Big Band – “A Night of Dinner and Dancing.” Enjoy dancing with your friends to sounds from the Big Band Era along with a catered meal. The event will be held Friday, September 14, 6:30- 9:30 p.m. at the Covina Joslyn Center, 815 N. Barranca Avenue. The cost is $15. Space is limited. For more information, call (626) 384-5380. Friendship Garden Club Meeting The Friendship Garden Club will hold their monthly meeting on Sept. 27 with tea at 1 p.m. They meet at the Covina Woman’s Clubhouse, 128 S. San Jose, Covina. Pat McKee will speak on “Grow Your Vegetables in aTower” and demonstrate how to plant vegetables in a special “Tower” to produce an abundant hanging vegetable garden. The public is invited to attend. It is free of charge. For information call 338-6011 or 626 335-5733. GLENDORA Free Movies Offered At La Fetra Center Every Tuesday at 1:00 p.m., the La Fetra Center, located at 333 E. Foothill Blvd. shows movies free of charge. A movie schedule is available at La Fetra Center or visit www.ci.glendora.ca.us. No preregistration is required; just come and enjoy! Glendora Sports Association Basketball Program Southland Sports Association is offering Adult Basketball Leagues in Glendora. Participants must be 18 years of age and older. Sunday Leagues will begin September 9th. Registration will be accepted through Friday, September 7th, 2012. For more information please call Frank Ortiz, Adult Sports Coordination at (818) 425-9789 or go to the city's website at www.ci.glendora.ca.us. Taste Of The Village Glendora Village restaurants offer a variety of cuisines and tastes – Italian, Californian, fine wines, saucy barbecue, hardto-resist sweets and much more – at the annual “Taste of the Village” accompanied by al fresco live music throughout The Village. 5-9 p.m., Thursday, September 13, along Glendora Avenue, Glendora, CA 91741. $20 tickets available from Village merchants and business own- GLENDORA - Do you receive Medi-Cal and need help in your home? Are you a recipient of In-Home Supportive Services (IHSS) and need help finding a homecare worker? Are you having problems with your IHSS and/or need information on other resources in the community? Oleeta Igar, a representative from the Personal Assistance Services Council will be available to ers and online at www.glendora-taste-of-thevillage.com. FPH Auxiliary Third General Meeting The third general meeting of the Foothill Presbyterian Hospital Auxiliary will take place on Friday, September 14th at 11:15 in the Bidwell Forum. Members, and those who would like to find out more about this worthwhile organization, are invited. There will be lunch followed by entertainment. The cost is $11. For reservations please call (626)857-3103 by September 7th. Free Texting Class Offered At La Fetra Center Have you noticed that the kids don’t answer the phone? They don’t return your phone calls, they don’t even answer e-mail! How do they communicate? They text! If you want to communicate with them, you need to learn the lingo. Do you know what “ROFL”, “LOL”, or “OMG” mean in “text” speak? The La Fetra Center and the Glendora Seniors Computer Club will offer a FREE texting class on Monday, September 17 from 3:00 p.m. – 4:30 p.m. Learn the basics from how to text to what the heck are they saying! Register at La Fetra Center, 333 E. Foothill Blvd., Glendora, or for more information, please call 626-914-8235. Eye Glasses For Seniors In Need Glendora Rotary members, who have been specially trained, will measure eligible Senior Citizens with a Focometer for nearsighted/farsighted or visual problems and provide a free pair of eyeglasses at the La Fetra Center, bifocals not available. To be eligible, individual income should not exceed $1,180 per month and a two person household monthly income must not exceed $1,594 per month. Any senior who is on Medi-cal is also eligible. Appointments are available from 10: a.m. to 1:00 p.m. on the THIRD SATURDAY OF EACH MONTH. Priority will be given to Glendora residents. Please call La Fetra Center, located at 333 E. Foothill Blvd., in Glendora, at 626-914-0560 for more information. Sponsored by the Glendora Rotary Club. Exercise Classes Offered At La Fetra Senior Center La Fetra Senior Center located at 333 E. Foothill Blvd. in Glendora, offers a wide range Azusa High Aztecs Prepare for Friday’s Opening Game AZUSA - The home football opener for the Azusa High Aztecs is Friday, September 7, at 7 p.m. at Citrus College. The opponents that evening will be Maranatha High Minutemen from Pasadena. The Aztecs are coming off 4 straight years as undefeated Montview League Champions. Head Coach Joe Scherf will bring a young team into the 2012 season, replacing several key standouts for last season. On Thursday, September 13, the Aztecs square up against Don Lugo High School. The game will also be at Citrus College with a starting time of 7pm. General admission for all regular season home games is $6. Gates open at 6:15 p.m. PASC/IHSS Mobile Help Desk at La Fetra Center answer your questions and listen to your concerns regarding the IHSS Program, on the second Wednesday of each month beginning on September 12th, from 11:00 a.m. to 1:00 p.m. This is a FREE service from PASC. For more information, please call La Fetra Center at 626-914-8235 or contact PASC at 877-565- 4477 or on the web at www.pascla.org. The San Gabriel Valley Examiner of exercise classes to help keep you in shape. The classes for the Fall 2012 season include: Pilates, Strength Training, Walk with Ease, AFEP (Arthritis Foundation Exercise Program), Fall-Proof & Mobility, Tai Chi Chuan, Gentle Yoga, and new to La Fetra Center is a fun new “Hot Hula” Fitness Class. The classes are reasonably priced and on various days and times to fit your schedule. For more information, please call 626- 914-0560. LA VERNE Book Signing Local teacher, author, and cross country coach, Erin Fry, will be celebrating the release of her first young adult novel, LOSING IT, on Saturday, September 8, from 3 to 5pm at Top Speed Running in LaVerne. LOSING IT is geared toward middle school students and is a beautiful portrayal of how the sport of cross country can change your life. LOSING IT's main character, thirteen-yearold Bennett, is tired of being the “fat kid.” When his father’s stroke scares him into a search for a life without XXL t-shirts and French fries, he discovers that running may be just the escape he needs. Fry will also have a book signing at Barnes and Noble in Glendora on Oc- tober 13th. MONROVIA International Film at Monrovia Library Gangster Rock features a gangster with a strong sense of justice who has to collect money from a record company. The owner has absconded, leaving the struggling musicians holding the bag. The band’s singer and the mobster decide to pair up to clear the debt and help the band release records, only to find that the entertainment industry is even nastier than the mob business. Taiwanese with English subtitles. Sign up online at monroviapubliclibrary.org. Click on the calendar icon to find your event. No Internet? Call 626-256-8274. Walk-ins welcome Library Community Room 321 S. Myrtle Avenue in Library Park, Thursday, September 6, 6:30 p.m. -- 8:30 p.m. Sponsored by Taipei Economic and Cultural Office (TECO), Press Division SAN DIMAS Farmers Market The San Dimas Farmers Market has begun and will occur every Wednesday evening through the end of September. Plenty of food vendors will be cooking up a variety of dishes sure to please everyone's taste. Of course it would not be a farmers market if it didn't have a great selection of fruits and vegetables from Certified Producers. In addition there will be live entertainment. It will take place from 4:00 p.m. to 8:30 p.m. There will be extended hours during nonschool days and during 'Con- By Carolyn Cancino-Griego The Jerome Verde Valley Club Inc. , a scholarship fundraising club invites you to our 45th Anniversary Dance, Sunday, September 9th 2012, from 2:00 to 7:00 p.m. at the San Gabriel Elks Lodge #1328, located at 1373 Las Tunas Drive, San Gabriel, CA. 917766. The cost is $12 and will feature live music by "The Latin Touch". Food and tickets for raffle prizes will be sold. The Jerome Verde Valley Club Inc. S.G.V. EXAMINER B5 certs in the Park' until 9:00 p.m. Items and activities include California produce, prepackaged foods, prepared foods, arts & crafts, kids Inflatables, and live bands. WEST COVINA Swim Lesson Registration The City of West Covina offers many programs at the Municipal Pool, located at 1720 W. Merced. Swim lesson registration has begun for classes including Parent & Me (ages 6 months to 3 years), Tiny Tots (3 to 5 years), six different levels of lessons, and private lessons. Recreational swimming is also available. For more information about the many swim programs the City of West Covina has to offer, visit the city's web site at www.westcovina.org/cityhall/ rec/pool.asp or call the Community Services Department at (626) 919-6966. United Singles The United Singles holds a dance for singles, 50 years old and older every Saturday at 7:30 to 11:00 p.m. It is held at the American Legion building (rear entrance downstairs) 330 N. Azusa Avenue in West Covina. The cost is $5.00 for members and $6.00 for guests. Dress code is enforced and a DJ will provide the music. Senior Center Dances Come on over to West Covina Senior Center to make the most of your Thursday night! Meet other single and amazing couples. The fun awaits you on the first and fourth Thursday of each month at 7:30 to 10:00 p.m. The cost is $6.00. Live performances by Big Wednesday Band on the first Thursday and Sentimental Journey on the fourth Thursday. Library Celebrates 100th Birthday West Covina Library is holding a birthday party in celebration of the County of Los Angeles Public Library’s 100th birthday on September 8 from 2:00pm to 4:00pm, for all ages. Community members are invited to socialize with friends, neighbors, community, and staff in festively decorated, air conditioned comfort, with tasty cake and ice cream, to the happy rustle of wrapping paper and hum of conversation. And in the grand tradition of the Hobbits, the library will be giving gifts to celebrate; anyone at the party could win a book or another library-related present to keep. As always, West Covina Library's programs are free! West Covina Library, part of the County of Los Angeles Public Library, is located at 1601 West Covina Parkway in West Covina. For more information about the library and its programs, please call (626) 962- 3541 or visit the County Library Web site at www.colapublib.org. The Jerome Verde Valley Club Inc. 45th Anniversary Dance has been in existence for over 50 years. Original members, migrating to California from the areas of Jerome and Verde Valley Arizona has grown to include generations and memberships from all over allowing the club to continue to host dances throughout the year in our effort to raise money for scholarships for education. Please join us for dancing, socializing and fun in support of education. Hawaiian attire. See you there!
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B2 September 6 - 12 12.pmd - San Gabriel Valley Examiner

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