January 16, 2020

Selinsgrove Area Rotary Club

Rotary Connects the World

Vol. 92, No. 25 – President – Carol Handlan – Editor – Dottie Anderson


Next Meeting Jan. 23, 2019 – 6 p.m. Dinner – Rural/Urban Night Chicken and Waffles dinner at the Christ Community United Methodist Church, 3939 Park Road. We are joined by guests, partners, and members of the Young Farmers to hear speaker Mark Dersham, a Hemp Farmer. The event is being sponsored by Northumberland National Bank.

Jan. 16, 2020 – Twenty-four Rotarians were in attendance as host and speaker Michael Damiano provided program entitled Outlook and Opportunities: Investing in the Late Innings of the Bull Market. The program explored the economy, interest rates and outlook, current market trends, late-cycle risks and opportunities, emphasizing the importance of portfolio balance. Charts and explanations of charts related to Fed interest rates, global interest and slowing rates, increasing deficit (with no plan in place to deal with it), all indicate need to be cautious at the same time as long term statistics make it clear that investing in the stock market while maintaining a balanced portfolio with both stocks and bonds,  “pays off” in the long run.  New business member Kelly Feiler was present for the meeting.

International Moment : Toby Skinner noted article in Rotarian about successful Water Project all from sale of sandwiches by a former Peace Corp volunteer.

Announcements: Marty Blessing reminds members that next Thursday is Rural/Urban night – dinner meeting beginning at 6:– p.m. – please note that this evening dinner replaces a noon meeting on 1/23. *It is time to start thinking about nominations for the Distinguished Service Award. Nomination forms available from Art Bowen.** Planning for the 5th annual Mallet Madness has started. Let Donna know if you are interested in participating.***Reminder of SNOW POLICY – we do not meet if the SASD has cancelled classes.****Thank you note circulated from the REC about our Christmas Family program, and thanks extended to members who help with expenses for our exchange student.*****Members sang happy birthday to Sue.

Sergeant at arms: Marv Rudnitsky collected happy fines as follows (to the best of the Editor’s ability to record them): Happy Birthday early to Mike Flock (also paid for speaker); himself (Cotton Bowl win and amazing stadium); Tom Gates (leaving early); Dave Lawer (Mike Flock and foot, Mike Damiano’s talk); Gary Gonsar (back and program); Marty Blessing (Kelly’s first meeting); Pat Pinkowski and Wes Knapp (back and program); Mike Damiano (game); John Stokinger (hike and program); Ken Miller (possible new Rotarian, Polio article and progress); Carol Handlan (delight of having 8 yr old granddaughter visit, program); John Fischer (speaker, Bowen retirement event); Mary Peterhaensel (church sale and old things found); and Sarah Maneval (FL trip, Marty and Urban/Rural Night numbers).

Future Programs:

Jan. 30 – Speaker is Lee Knepp, retired County Commissioner. Host is Hal Dunkelberger. SVCC, 11:45 a.m.

Feb. 5 – TBA, Earl Ferster is the host. SVCC, 11:45 a.m.  Board Meeting precedes at 11.

Feb. 13 – Rick Davis, Accounting Professor at Susquehanna University, will speak about the VITA (Volunteer Income Tax Assistance) program, free assistance to those who meet income guidelines, and need to “advertise” and potentially become a volunteer with the program. SVCC, 11:45 a.m.

Feb. 20 – Club Assembly, Carol Handlan presiding. SVCC, 11:45 a.m.

Birthdays: Feb. 3 – Toby Skinner, 5 – Carol Handlan, 22 – Raven Rudnitsky.

Quotation: “I learn by going where I have to go.”  Theodore Roethke