MINOOKA -- Even though the market is volatile right now, it's the right time for Minooka Grade School District to issue bonds approved in February's referendum.

Tammy Beckwith Schallmo, of PMA Financial Network, told the school board that the district's A1 credit rating has been confirmed and there's a lot of interest in the bonds from several trusts and companies, including Founder's Bank.

The school system was analyzed by two Moody's analysts. Schallmo and associates took them on a tour of the district.

"We thought it made a lot of sense for the analysts to come and see the district," she said.

Analysts said the district showed strong leadership, long-term vision and a strong financial position during a time of rapid growth, Schallmo said.

"You have done some really good things and your fiscal stewardship has paid off," she said.

GCC money supply surge guarantees high inflation, why no revaluation?

Inflation is always a monetary phenomenon. You hike the money supply and hey presto you will have higher inflation. That the UAE and Bahrain have reported money supply growth of 37% and 36% respectively in January means that higher inflation is inevitable in 2008. Only revaluation could ease this mounting problem. .

COLUMN: Money Panel: Avoid traps of bear market

How do you mentally process a bear market ... as a victim or opportunist?

Whatever you do, you can't change a bear market, how long it lasts, or how long it will take to rebound. The only thing you can change is the way you experience the markets.

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