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JAMES MARCH/APRIL 2014 AN INSIDE VIEW INTO GEORGIA’S NEWS, POLITICS, & CULTURE RANDY EVANS on the US Senate Race LARRY WALKER Weighs in on His Powerful Georgians From a Bygone Era 2014 JAMES’S MOST INFLUENTIAL

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Page 1: James March-April 2014 - InsiderAdvantageinsideradvantage.com/james-magazine/2014-03/James_March-April-… · President Carter is known to battle with incumbent presi-dents. Were

JAMESM A R C H / A P R I L 2 0 14

AN INSIDE VIEW INTO GEORGIA’S NEWS, POLITICS, & CULTURE

RANDY EVANSon the US Senate Race

LARRY WALKERWeighs in on His PowerfulGeorgians From a Bygone Era

2014

JAMES’SMOSTINFLUENTIAL

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The Georgia Chamber is proud to introduce Georgia2Georgia, an initiative to strengthen the connection between our state’s companies and keep our economy growing.

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increase investment, create jobs and ensure a better future for us all.

Take the 2% challenge at www.georgia2georgia.com today.

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CHAIRMAN & CEO MATTHEW TOWERYPUBLISHER

ASSOCIATE PUBLISHER TODD [email protected]

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CONTRIBUTING WRITERSRANDY EVANSDANA RICKMANLARRY WALKERMAC McGREW

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DEPARTMENTSP U B L I S H E R ’ S M E S S A G E Matt Towery 4

F L O A T I N G B O A T S

W h o ’ s r i s i n g , w h o ’ s s i n k i n g 6

FEATURES

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COLUMNS2014 Georgia Senate Election PHASE II 9

R A N DY E VA N S

Who WasLucius Quintus Cincinattus Lamar? 2 1

L A R RY WA L K E R

Investing inBOND$ 2 3M A C M c G R E W

New Fellowship Program inGeorgia to Focus on STEM Educators 2 6

DA N A R I C K M A N

JAMES

2014

JAMES’SMOSTINFLUENTIAL

Obamacare and the MinimumWage Effect on the Economy

BRAD CARVER

by Josh Belinfante

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4 JAMES

hen Sonny Perdue faced reelectionin 2006 the media was abuzz. Theyhad theories about a tumblingnational GOP, and many of themproduced stories about question-

able land deals and Perdue here at home. Was he a serioustarget for the Democrats, who were seeking to regain a gov-ernor’s office they had just lost four years earlier?

He wasn’t. Perdue actually was reelected in a stompover the Democrats’ nominee that year.

Four years later media stories locked onto the idea thatRoy Barnes, who would be well-funded, might return topower against then-former Congressman Nathan Deal, whohad been damaged by vicious attacks from his GOP primaryrunoff opponent. But once again the Republicans retainedpower, with Deal winning with ease.

So here we are in 2014 with the news stories once againtouting the potential vulnerability of not only GovernorDeal, who is up for reelection against Jimmy Carter’s grand-son Senator Jason Carter, but the possibility that MichelleNunn, daughter of former U.S. Senator Sam Nunn, coulddefeat a potentially flawed GOP nominee in the battle toreplace Saxby Chambliss.

The nation’s pundits are fixated on Georgia’s changingdemographics. That leads them to the conclusion that thestate is becoming less “red” and more “purple”—meaningmore competitive for Democrats. But most experts in thestate agree that any decisive shift in demographics will nottake place for least another four years, if not longer. It willtake that long for Democratic voters to consistently out-number Republican ones statewide.

And it is simply too early to know if issues within thestate somehow can combine with demographics to giveeither Senator Carter, or (probably) Ms. Nunn in the Senaterace, an upset win in November.

Chances for an Upset?The odds are still against them for several reasons. First,they must carry on their backs a Democratic Party headedby President Obama, who in our most recent Insider

Advantage statewide polling held a rather weak 39%approval rating. And like Barnes in 2002, former Lt.Governor Mark Taylor in 2006 and Barnes again in 2010,the Carter-Nunn teams will find that pushing our African-American voter turnout in non-presidential years in Georgiahas become a tough task.

The best chance these Democrat hopefuls have wouldbe a strange combination of events, along with their well-known family names, somehow joining up to put one orboth over the top.

For Carter the job is tough because he faces an incum-bent governor, and incumbent governors rarely lose inGeorgia. But his chances were certainly helped by a chaoticresponse by state government to a surprise snowstorm thatparalyzed the state. Our InsiderAdvantage polling for Fox5Atlanta and various daily newspapers in Georgia indicatedthat many in the state disapproved of Deal’s handling of thestorm—this despite the fact that it was a tricky storm to pre-dict and several leaders in government who Deal dependedon for assistance in the crisis let their boss down. Going intothe second winter storm of the season, polling showed Dealeither trailing or tied with Carter.

But warmer temperatures bring warmer feelings, and itis likely that as Governor Deal advertises toward a GOP re-nomination, his approval rating will rise.

Of course there are other topics the Carter team willbank on, including the endless “ethics issues” that goback to before Deal’s first victory in 2010. It somewhatstretches credulity to believe that issues so convolutedand so old are still being reprised in the form of a haplessEthics Commission and ‘he said, she said’ allegations andantics. Unless some grand jury produces indictments thatsomehow touch Deal or those close to him in state gov-ernment, then it is hard to imagine the issue would doany more harm to Deal than allegations did to Perdue—that being nothing at all.

Carter’s better chance is likely found in combining with

P U B L I S H E R ’ S M E S S A G E

W Matt Towery

Is the Ship of StateAbout to Change Direction?Analysis of the 2014 Elections in Georgia

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5

Nunn to paint the GOP and its leaders as “out-of-touch”with women voters, who are quite clearly the swing vote inthis year’s election.

Nunn is hopeful that the Republican nominee forSenate will have a past voting record or past comments thatappear to be part of the GOP’s alleged “War on Women.”That could be for the Republican male candidates some-thing like an elaboration on comments from others last yearabout “legitimate rape.” Or comments or votes in the pastthat seemed callous towards women.

In the event that the lone woman in the GOP contest,former Secretary of State Karen Handel, emerges as thenominee, their attacks will center on Handel’s ardent pro-life stand and any other comments she makes during thecampaign. And the Carter campaign will remind voters ofHandel’s accusations related to Deal; the ethics headlinesthat came about when the two faced off in a GOP guberna-torial primary four years ago.

Carter will jab at various issues. He likely will focus onDeal’s refusal to expand Medicaid benefits in Georgia. Butaccording to polling, that won’t win him any votes aDemocrat would not already count on. Instead he will focuson legislation or policies of Deal’s that support a supposedgeneral bias against the government taking proper care ofchildren. Or Carter will criticize Deal for contracting gov-ernment social services for the disadvantaged.

The Obama FactorFor both Jason Carter and Michele Nunn the challenge willbe more difficult than it appears. While their famous pedi-grees will help them to raise out-of-state dollars, neither ofthem will be able to equal the dollars their Republicanopponent will enjoy.

And then there is that pesky problem of PresidentObama. There will be a concerted effort by the GOP to tiethe two likely Democratic nominees to Obama, and thatvery likely could sink both candidates. Obamacare isdespised by Georgia voters and the president’s recent moveto cut military troop levels is the sort of thing that can befatal to a Democratic ballot.

Floating around is a creative—and not so unlikely—answer to the Obama problem for Democrats. FormerPresident Carter is known to battle with incumbent presi-dents. Were he to take on Obama as being too liberal andtoo weak on patriotic themes, he might just help relieve hisgrandson of the weight of Obama’s unpopularity.

And former Senator Sam Nunn, who is still known forhis expertise on all things military, could easily launch intoObama over the president’s perceived weakness in handlingforeign policy and his “dismantling” of the military.

Truthfully, if the two former superstars of Georgiapolitics don’t take on an anti-Obama offensive, the“Carter-Nunn” ticket might not have a prayer; or worse,

might suffer from the negative implications of the namesCarter and Nunn.

The oddsmakers still have Deal the favorite to win thegovernor’s race and experts still have the GOP wining theU.S. Senate seat.

One thing we have learned over the years is that polit-ical outcomes, like winter storms in Georgia, are hard topredict. We will be tracking them for our television andprint news partners. And you can keep up with our dailyreports on the web at www.insideradvantage.com.

Enjoy the coming political season and this issue thatsalutes leaders in Georgia.

Matt Towery is CEO of InsiderAdvantage/Internet News, the pub-lisher of James. Towery, a native of Atlanta, is a graduate ofEngland’s Cambridge University and Florida’s Stetson UniversityCollege of Law. He writes a nationally syndicated weekly column,provides political analysis for Fox in Atlanta, and is the author ofthree books, including an Amazon top seller, Powerchicks, HowWomen Will Dominate America. He serves as an attorney and gov-ernmental affairs manager with the Atlanta law firm of Hall, Booth,Smith PC and is managing partner of a family owned LLP. He isalso a former state Representative and Republican nominee for Lt.Governor of Georgia.

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6 JAMES

When will Southwest take off? With not-so-welcoming pressrecently, many are wondering if the low cost air carrier will ever reallygive Delta a run for its money. Several years ago the legislature gaveDelta an extra break on fuel taxes while the AirTran, soon to becomeSouthwest, was left behind at the gate. Now Southwest cites fuelprices as just one of many reasons for their slow start in Atlanta. Notsince the demise of Eastern Airlines has Delta enjoyed holding suchan advantage in Atlanta. For competition’s sake Southwest needs toshow it means business. Drifting

“What we seem to have here is a failure to communicate.” Neverwould more truthful words be spoken than in the case of Governor Dealand the rest of state government in 2014. Deal must have wonderedwho decided to take the wheels off. First there was a snowstorm thathis own Emergency Management Director seemed barely aware of andtook lightly, even as cars were snarled on streets and accidents werepiling up. Then there was the legislature, controlled by his own party.They sought to force a controversial extension of “rights” related toconcealed weapons on campuses, in bars, and even in churches. Thelegislation polled so poorly with female voters in Georgia thatDemocrats were salivating at the possibilities in November. And to topit off, a few bright Republicans wanted to throw Arizona’s controversial“religious rights” bill, dubbed by the media as anti-gay, into the mix.Deal created none of these problems and handled them the best hecould. As for Deal, he’s…Rising. As for others who were supposed tobe helping him, we will be kind and say . . . Drifting

Here’s to the leadership at the Georgia Lottery Corporation. Underthe leadership of Debbie Alford it appears that costs are in line and theboss is able to run things without big bonuses or run-ins with the leg-islature. RISING

Former Dollar General CEO David Perdue and Congressman JackKingston got early jumps in the TV ad wars for the approaching GOPU.S. Senate primary. Perdue’s ad was clever, with crying babiesadorned with the trappings of his opponents, including the candi-dates’ names appearing on the babies’ diapers. But the ad failed tostate the candidate’s name, except at the end. At press time the adhad gained Perdue a fairly limited bump in name identification.Kingston’s ad was stronger as a name identification tool, but a littletoo ‘country’ to help with metro-Atlanta Republicans. Both get an Afor effort by getting out early, but as for their first ads…a bit Drifting

Atlanta poised to take off in the near future? It seems that the cityis poised to start really going again. With high-rise buildings back onthe burner and the College Football Hall of Fame around the corner,the area might be about to see some serious new growth. The “street-car named Desire” project remains a bit up in the air—the destinationpoints must be jazzed up to make the car worth hopping on. But all inall, the city is…RISING

Cobb County is rising as well, with all of the buzz over the newBraves Stadium. But the county took a step backwards when a naïveSchool Board decided to fight one of the first major mix-use develop-

F L O A T I N G • B O A T SWHO’S RISING AND WHO’S SINKING IN GEORGIA BUSINESS AND POLITICS

ments to come to the county in a long time. So rather than get somerevenue under tax incentives created to lure just such efforts to thecounty, the School Board gets nothing…and has to search for a newSuperintendent as well. For Cobb things are rising…But for its SchoolBoard…SINKING

To Bieb or not to Bieb? That is the question; one that apparentlywas never really raised by real-life residents of Buckhead over storiesthat troubled young entertainer Justin Bieber would select an estate inthe area to call his new home. Stories of a protest by a “coalition” ofneighbors turned out to be a hoax. What is not a hoax is Bieber’s sadproclivity to have endless run-ins with the law. Here’s hoping his luckwill change in Atlanta… Drifting

With a substantial case load, a new program to solve unsolvedmurders, the establishment of a new Mental Health Court, and a newmilitary Veteran’s Court, Cobb Judicial Circuit District Attorney VicReynolds is quite the busy man. Even so, his office has found the timeand resources to start an Animal Abuse Unit. That compassion anddedication has led to Reynolds being named one of the Top TenAnimal Defenders in the United States by the Animal League DefenseFund. No cold-hearted prosecutor, he. RISING

Kennesaw State’s fledgling football program hasn’t recovered anyfumbles yet, but it has already gotten its first break — free, inadver-tent publicity. The always unpresumptuous People For The EthicalTreatment of Animals has hooted its disapproval of KSU’s mascotbeing a real owl. They feel strongly that the owl should be out in thewoods killing and perhaps being killed, instead of being pamperedand shown to school kids. Fortunately, Sturgis the Owl is wise enoughthat he will stay with his professional handler and help KSU’s athleticteams to keep RISING.

We don’t usually do this kind of thing, but here’s a boat for Mr. M.J.“Buddy” Towery, who turns 80 in March. During his time as an Atlantabusiness leader, he built one of the Southeast’s largest commercialprinting companies while quietly (as in silently) owning several of thecity’s largest advertising agencies and graphic design studios. Fromrestaurants to property developments, he built his businesses quietlyand always profitably. While he has been a substantial donor toRepublican and some Democratic candidates, he has always expressedlittle use for politics. A lesson he tried to impart on his son,InsiderAdvantage CEO Matt Towery. On his 80th birthday… RISING

IN MEMORIAM

J. Mack Robinson was a titan of business and philanthropy inAtlanta. So much so that his influence spread far beyond his home.Robinson has died at 90. Fittingly, his name willlive on by, among other things, being the name ofGeorgia State University’s business school. That’sa tribute to Robinson’s career in banking, insur-ance, media and fashion. And it’s assurance thathis memory will last a long time in these parts.

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“ This used to be a coal plant. Now we’re using low-cost, clean-burning natural gas. That reduces our emissions and saves all of us money.”

Learn more at georgiapower.com

©2014 Georgia Power

StephaniePlant Engineer at Georgia Power

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ast year, Georgia senior Senator Saxby Chamblissturned Georgia’s political world upside downwith his unexpected announcement that he

would retire from the United States Senate rather than seekreelection. As Republicans plan their offense for retaking con-trol of the U.S. Senate with a target-rich landscape consistingof four open seats in heavily Republican areas and perennialtargets in Arkansas, Louisiana, and North Carolina, the newsfrom Senator Chambliss was disappointing to say the least.

For Democrats eager to deploy some offense as theydefend against a Republican onslaught, it could not have comeat a better time. Then, when former Senator Sam Nunn’sdaughter, Michelle Nunn, stepped forward, both National andGeorgia Democrats had something to smile about.

Like Virginia and North Carolina, Georgia and Texashave been two states that Democrats believe they canchange. In large part, this is due to changing demographicsas minorities continue to grow as a percentage of the popu-lation and the steady flow of people moving in from otherstates persists. Yet, most pundits agree that Georgia is stillan election cycle or two from being a ‘for real’ purple state.

With just four months to go, the posse of GOP candi-dates has largely been locked into phase one—a fundraisingbattle trying to build political war chests to compete whenthe media wars start.

To no one’s surprise, no candidate has had a breakoutmoment. Certainly, the ‘cash on hand’ in the coffers ofCongressmen Jack Kingston, Paul Broun, and Phil Gingreykeep them in contention. But then, businessmen DavidPerdue and Eugene Yu can match those war chests withtheir own private fortunes if they so choose. And, KarenHandel continues to ride the residual name recognitionfrom her gubernatorial run.

Phase two began as the debates have started with can-didates starting to position themselves in the context of thefield. Unfortunately for the candidates, the six Georgia GOPsponsored debates offer little in the way of earned media,but do cost lots in time, preparation, and the risk of mis-take. As the first debate amply illustrated, unlikePresidential debates that can fill multiple news cycles, thefirst GOP Senatorial debate generated less than a singlecycle of stories, none of which gave much more than anoverview of each candidate’s theme.

With so many candidates in the GOP primary, andMichelle Nunn’s well-funded to jump into the race, onedynamic for the GOP field has changed. With a real risk of awell-funded and articulate Democratic challenger, all of theRepublican candidates have been reluctant to throw the firstpolitical punch in what will end up being a political streetbrawl. Now admittedly, there have been a few games played,

but nothing like what will come with the real battle comes.Each GOP candidate knows that no one candidate will

likely win the GOP Primary without a runoff. And eventhen, the eventual runoff winner will need everyone else’shelp to win in November against Democrat Michelle Nunn.So, the infighting has been delayed, but not avoided.

So, the first punch will come and when it does, watch forall of the gloves to come off. And, shortly thereafter, watch forthe punches to be backed by media buys that fill the air waves(as local television and radio stations celebrate).

Some of the political advertisements will come from thecandidates themselves. But many others will come fromwell-funded Super-PACS with a real interest in the outcomeof the GOP Primary and the General Election.

That is where cash on hand becomes critical. Withoutpaid media to push back or fight back, some candidates willsimply fall by the wayside as the 2014 Georgia GOPPrimary works its way toward May 20, 2014. WhileGeorgians know well that political war chest bank balancesdo not decide elections, they also know that media—including both earned media and paid media—typicallytells them all they need or want to know.

With that said, here is where things are:

So far, Congressman Jack Kingston has done a goodjob working above Interstate I-20 to increase his exposureand work the business and military communities.

Congressman Paul Broun has been very effective inrallying Tea Partiers, libertarians, and evangelicals.

Congressman Phil Gingrey has worked hard toexpand his bases outside his Congressional District whileconsolidating his message with a commitment to repeal andreplace Obamacare as his core issue.

David Perdue has made clear that he is not a part of theWashington, D.C. crowd and is the businessman in the race.

Minister Derrick Grayson hitting the political radarwith inroads into the ”We The People” movement and as thelone African American in the primary.

And, former Secretary of State Karen Handel con-tinues to run as the outsider with the will and commitmentto shake things up.

And so, it is still anyone’s game. With the personal moneysome candidates have, all of the candidates come aroundthe bend with a chance to win the GOP Primary. It is thenext phase—the media wars—that will separate some fromthe pack.

R A N DY E VA N SR E VA N S @ M C K E N N A L O N G . C O M

2014 GeorgiaSenate ElectionPHASE II

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THEPOWERSTHAT BE

There is no shortage of leaders inthe state of Georgia. The editors atJames are pleased to present our

2014 Most Influential.Since politics tend to dominateany list, we have a comprehensivecollection of our elected officialsas well as major players fromacross the state.

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Stacey AbramsMinority Leader Georgia House of Representatives

From a Yale law degree to a seniorvice presidency in business tobeing the Democratic leader in theHouse, Abrams is a model for high-minded but practical influence.

Dan AmosChairman/CEO, AflacHe’s known internationally for his businessmojo and in Georgia for his stewardship of acorporate giant that gives back to the commu-nity in a big way.

Richard AndersonCEO, Delta Air Lines

There’s always turbulence in thepassenger airlines industry, butthat hasn’t slowed down Deltaunder Anderson’s leadership. TheAtlanta-based mega-carrier, whichhas absorbed Northwest Airlines,

posted a record profit of $2.7 billion in 2013.

Juanita BarancoChief Operating Officer, Baranco Automotive GroupBaranco’s considerable business success isonly half the story. She is a tireless publicservant. Among much else, she has chaired theBoard of Regents, and served on both the StateBoard of Education and the Board of Directors ofthe Georgia Power Company.

Mark BeckerPresident, Georgia State University

Challenging economic times andintense competition for studentshasn’t slowed down Becker in hismission to make GSU an urbanuniversity second to none. He hasinitiated a strategic growth plan,

and State has high, structured goals for facultyachievement and recruitment.

Sanford BishopU.S. Congressman

Bishop has steered increasinglypartisan waters in Congress tomaintain his longstanding repu-tation for well representing bothhis Albany-based district and hisDemocratic Party in working with

the majority Republicans.

Gary BlackCommissioner, Georgia Department of AgricultureBlack is the most visible leader in Georgia’s $71billion agriculture industry. His challenges haveincluded supplying farmers with sufficient laborin the face of stricter immigration laws, and help-ing farmers to navigate a torrent of new federalregulations. Still, Georgia’s ag sector thrives.

Frank BlakeChairman/CEO, The Home Depot

Blake has kept a steady handthrough hard times for housing,and now stands at head of a com-pany that is about to hire 80,000seasonal workers for the springfix-it season. Not bad.

Sara BlakelyFounder, SpandexBlakely is the world’s youngest self-made femalebillionaire. She did it after moving to Atlanta in1998 and developing the women’s undergarmentSpandex. In 2012, she was named one the world’s100 most influential people by Time magazine.

Arthur BlankOwner, Atlanta Falcons

The co-founder of The HomeDepot never seems to stop turn-ing visions into reality. HisFalcons will have a new stadiumof their own by 2017, and assortedcharitable causes continue to

enjoy his multi-hundred-million-dollar largessas a philanthropist.

Mike BowersLobbyistBowers’ name has cachet at the statehouse,where the former Georgia Attorney General andcurrent attorney at Balch and Bingham is a lob-byist heavyweight.

Paul BowersPresident/CEO, Georgia Power Company

Recent winter storms remind usthat the most influential person atGeorgia Power is one of the mostinfluential people in the state.The company’s commitment tobuilding the nation’s first two

nuclear power plants in 30 years means thismighty influence won’t be diminishing by evena single volt.

John BrockPresident, Coca Cola Enterprises

A deal with Coca-Cola has madeCCE the largest bottler in Europe.Here in Atlanta, Brock plays avital role with the MetroChamber of Commerce and othercivic organizations.

Kevin BrownPresident/CEO, Piedmont Healthcare

Brown was brought all the wayfrom Seattle to set in motion theexpertise that comes from lead-ing medical groups, runninginsurance products and oversee-ing clinical operations. He’s been

a perfect fit in his first year on the job.

Casey CagleLieutenant GovernorThe second-termer has weathered leadershipsquabbles in the Senate to remain a determinedadvocate of conservatism in Georgia, especiallyof the concerns of small businesses. He’s jug-gled Senate rules and Senate egos to keep leg-islation moving in the shortened and weather-blighted 2014 session.

Jason CarterState Senator

Carter’s stature is climbing atthe altitude and speed of acomet. He is expected to be theDemocratic nominee for gover-nor this fall. And that may be justthe beginning for this youthful

grandson of Jimmy Carter.

Michael CassidyPresident/CEO, Georgia Research AllianceThe Research Alliance is about turning statefunding into more lucrative federal and privateinvestment. That’s meant new companies bythe score and new jobs by the thousands.

Dan CathyChairman/CEO, Chick-fil-A

Cathy has been playing chickenfor years, and his leadership of themega-success fast-food chain hasbrought it into successful expan-sion outside of its traditional homein Georgia and the Southeast.

2014

JAMES’SMOSTINFLUENTIAL

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Dr. Wright CaughmanCEO/Emory’s Woodruff Health Sciences CenterChairman/Emory HealthcareIn Georgia, Emory is largely identified withhealthcare, and Emory healthcare is largelyidentified with Caughman. As head of thehealth center, he has upgraded its health edu-cation, patient care and research programs.

Saxby ChamblissU.S. Senator

Georgia’s senior senator hasdecided to call it quits from hiscareer of striving to reach acrossparty lines in the hyper-partisanatmosphere of Washington. In themeantime this gentleman lawmak-

er will continue to be a voice of calm and reasonin the nation’s upper chamber of Congress.

Chris ClarkPresident/CEO, Georgia Chamber of CommerceClark advocates for Georgia businesses onmany fronts, not the least of which is hishand’s-on lobbying at the Gold Dome, for whichhe has won praise.

David ConnellPresident/CEO, Cobb County Chamber of Commerce

Both Cobb County and itsChamber are models of local gov-ernance and business advocacy,respectively. No wonder theAtlanta Braves will find a newhome here.

Shan CooperVice President/General Manager, Lockheed MartinLockheed has been a stalwart of Cobb Countyand the U.S. defense industry for decades. Thecompany just hasn’t been maintaining its five-star reputation with a woman as its manager.Until now.

Tom CousinsFounder and Chairman Emeritus, Cousins PropertiesCousins’ bio reads like a history of Atlanta overthe last few decades. The man whose companydeveloped buildings like the CNN Center andthe first phase of the World Congress Center,and who first brought professional basketballand hockey to the city still wields great influ-ence in the state.

Cathy CoxPresident, Young Harris

The former Democratic candidatefor governor and Secretary ofState has presided over majorexpansion of facilities at YoungHarris.

Scott DavisChairmam/CEO, United Parcel Service

What economic downturn? UPShas not only skirted financial hardtimes in recent years, they haveexpanded, especially into interna-tional markets. What can Browndo for you? Ask Scott Davis.

Nathan DealGovernor

The governor has been bothconservatively principled andpragmatic. The latter shows hismaturity in governing a red statethat is starting to bleed a littlepurple around the edges.

Sandra DealFirst Lady of GeorgiaSandra Deal is far more than the Governor’swife. She’s truly the First Lady of the state, asevidenced by her tireless advocacy for families,children and the disadvantaged. Her publicreadings of the children’s book ‘Who I’d like ToBe’ have become known all over Georgia.

Ralph de la VegaPresident/CEO, AT&T Mobility

Among the recognitions for thisCuban-born, Atlanta-based leaderof a worldwide company has beenExecutive of the Year by theAssociation of Latino Professionalsin Finance and Accounting. He

also dedicates his time to organizations like theBoy Scouts, the Atlanta Symphony and JuniorAchievement.

Randy EvansAttorney/Political Strategist/ColumnistEvans has served as an advisor to the RepublicanParty of Georgia, and as chairman of NewtGingrich’s campaign organization. Evans is nowa partner at McKenna Long & Aldridge and anewspaper columnist. (He writes for James too!)

John EavesChairman, Fulton County CommissionEaves is an appropriate fit to lead Georgia’smost populated and diverse county: He’s an

international specialist who has visited morethan 50 countries. The second-term commis-sioner has career experience in business, aca-demia and community service.

Beth EnglishPresident, Georgia Municipal AssociationThe Mayor Pro-Tem of Vienna took on her newrole last June. Her work touches hundreds ofcities across the state.

Tom FanningChairman/President/CEO, Southern Company

Ever-increasing energy needs tothe right and environmental pres-sure to the left. Fanning andSouthern Company are tacklingthese multiple concerns thesmartest way possible—by com-

mitting to a viable mix of energy sources,including natural gas, coal, and nuclear andsolar power.

Curtis J. FoltzExecutive Director, Georgia Ports Authority

The long-awaited deepening of thePort of Savannah is expected tobegin in a few months, accordingto the man who oversees thestate’s ports. That could pave theway to Georgia accommodating

the new class of super cargo tankers, and keepthis state economic engine running at full throttle.

Bart GobielChief Operating Officer, State of GeorgiaTalk about ‘hidden’ influence. Gobiel supervis-es 50 state departments, agencies, and theirboards and commissions.

Ernest GreerChairman of the Board, Georgia Chamber of Commerce

The Chamber’s new chair is cur-rently Vice President at GreenburgTraurig. Most recently, Greerserved as Chairman of the 2013Team Georgia Chamber member-ship campaign, which surpassed

its goal of $2 million. He succeeds Steve Green.

Russell HardinPresident, Robert W. Woodruff FoundationHospitals, universities and art museums areamong the beneficiaries of largesse in the tens ofmillions of dollars that come from the WoodruffFoundation. Influence is as influence does.

Doug HertzPresident/CEO, United Distributors

United, a beverage distributionbusiness, is one of the top 25 pri-vate companies in Atlanta. Hertzis known just as much for his his-tory of civic and communityinvolvement, for which he has

won extensive recognition.

GEORGIA SENATE LEADERSHIP

President Casey Cagle Chestnut Mountain

President Pro Tempore David Schafer Duluth

Majority Leader Ronnie Chance Tyrone

Majority Caucus Chair Butch Miller Gainesville

Majority Whip Cecil Stanton Macon

Democratic Leader Steve Henson Tucker

Democratic Caucus Chair Horacena Tate Atlanta

Democratic Whip Vincent Fort Atlanta

GEORGIA HOUSE LEADERSHIP

Speaker of the House David Ralston Blue Ridge

Speaker Pro Tempore Jan Jones Milton

Majority Leader Larry O’Neal Bonaire

Majority Whip Matt Ramsey Peachtree City

Majority Caucus Chair Matt Hatchett Dublin

Minority Leader Stacey Abrams Atlanta

Minority Whip Carolyn Hugley Columbus

Minority Caucus Chair Virgil Fludd Tyrone

Cagle

Jones12 JAMES

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Douglas HookerExecutive Director, Atlanta Regional CommissionThe ARC has its hand in planning for nearly allimportant sectors of 10 counties in metroAtlanta, including transportation, land use andprofessional development for the workforce.Hooker is adept in his role of public official,businessman and civic diplomat.

Henry “Hank” HuckabyChancellor, Board of Regents of the UniversitySystem of Georgia

The state’s colleges are in a per-petual state of growth andchange. Rising costs and theevolving needs of students havegiven Huckaby a full plate sincehe became chancellor in 2011.

He hasn’t flinched.

Ralph HudgensState Insurance Commissioner

This constitutional office hasdoubled down in importancewith the coming of Obamacare.Hudgens’ office has run legaland administrative interferenceagainst the Affordable Health

Care Act, which elevates him to near-heroicstatus with many Georgians.

Carol HunsteinGeorgia Supreme Court JusticeThe second woman justice in the history of thestate Supreme Court is also a former Jamesmagazine Georgian of the Year.’ She’s beenreelected repeatedly.

Donna HylandPresident/CEO, Children’s Healthcare of AtlantaThe non-profit healthcare center treats childrenby the thousands each year. It’s been ratednationally in 10 pediatric specialties. Hylandhas been in charge since 2007.

Panos KaratassosOwner and Founder, Buckhead Life Restaurant Group

If you wine and dine regularly inupscale restaurants in Atlanta,you’ve almost certainly enjoyedone of the group’s 14 restaurantshere. And you’ve likely seenPanos himself, who credits much

of his success to his hands-on involvement.

Johnny IsaksonU.S. Senator

He will become Georgia’s seniorsenator in 2015, and is he ready.Isakson is the poster man for com-petence, diligence and willing-ness to compromise in the politi-cal arena. The Republican’s per-

sistent advocacy for genuine federal budgetreform is just the latest example.

Ronald JacksonCommissioner, Technical College System of GeorgiaIt seems Georgia’s need for technically trainedcollege graduates is matched only by the fiscalpressure and administrative complexities ofsuccessfully getting them their sheepskins.Jackson is at the head of the class.

Reynold JenningsPresident/CEO, WellStar Health SystemsSince taking the helm in 2011, Jennings hashelped position WellStar to take on bothincreased industry competition and the landslideof changes happening because of Obamacare.The company continues to thrive.

Robert Jepson Jr.Chairman, Georgia Ports Authority

In addition to chairing the portsboard, Jepson is a successful busi-nessman and a champion philan-thropist. That’s a triad of influencethat’s hard to top in Georgia.

Jan JonesSpeaker Pro Tempore, Georgia House ofRepresentativesJones was one of the legislative architects of theincorporation of the city of Milton, and remainsa get-it-done advocate of charter schools.Through the years she’s become an institutionin her North Fulton district.

Brian KempGeorgia Secretary of State

Since taking office in 2010,Kemp’s mission has been to mod-ernize the Secretary of State’soffice in order to maintain efficien-cy in an era of dwindling budgetdollars. Technological innovations

have made the difference in areas such as vot-ing and licensing.

Muhtar KentChairman/CEO, The Coca-Cola Company

Coke’s expanding European mar-ket was given an internationalface when the Atlanta-basedcompany sponsored the SochiWinter Olympics. After 125 yearsin business, Coke remains a

worldwide ambassador of Atlanta, and Kentremains its able captain.

Ross KingExecutive Director, Association CountyCommissioners of GeorgiaGeorgia has the second-most counties of anystate. It also has one the best county advocatesin King and the ACCG, which is hands-on whenit comes to specialized leadership training forcounty officials.

Jack KingstonCongressmanKingston well represents even more than the 17counties in east Georgia district. His prominentwork on the Appropriations Committee, theDefense Appropriations Subcommittee andothers makes this candidate for U.S. Senate aGeorgia influence on the entire nation.

Tim LeeChairman, Cobb County Board of Commissioners

Cobb is second to none amongGeorgia’s 159 counties in efficien-cy and value for the tax dollar, andthat makes Lee ex officio one ofGeorgia’s most accomplishedpublic officials. The signature act

of his career will prove to be the commission’sapproval of a deal that will bring the AtlantaBraves to Smyrna.

Craig LesserManaging Partner, The Pendleton GroupLesser is a commanding ‘invisible hand’ whoworks to steer businesses across the world toGeorgia. Once the state’s commissioner of eco-nomic development, he now chairs both theWorld Trade Center of Atlanta and the WorldChamber of Commerce, among other positions.

John LewisCongressman

The longstanding civil rightsactivist and leading liberal voiceis nothing less than a living leg-end in an age where fame comesand goes with the latest shift inmedia winds. A reason is that

Lewis is no figurehead, but instead is a tireless,undeterred voice for the voiceless, even aftermore than 25 years in Congress.

Dennis LockhartPresident/CEO, Federal Reserve Bank of AtlantaYou can’t get much more influential in Georgiathan to be a key decision-maker in the FederalReserve, which is currently doing nothing lessthan priming the money supply for a belea-guered U.S. economy. Lockhart is an actor onthe world stage.

Sam MassellThe Buckhead Coalition

The founding president of thiswell-known nonprofit well servesnot only Buckhead, but greaterAtlanta too, thanks to hisencyclopedic knowledge of peopleand places in the area. He served

as Atlanta mayor in the early 1970s.

Lee MayInterim CEO/DeKalb CountyMay has waded all-in as the interim leader ofa beleaguered county government. GovernorNathan Deal, who appointed him, obviouslyhas confidence in him, and early indicationsare that Dekalb residents do too.

GEORGIA STATEWIDE ELECTED OFFICIALS

Governor Nathan Deal Gainesville

Lt. Governor Casey Cagle Chestnut Mountain

Secretary of State Brian Kemp Athens

Attorney General Sam Olens Marietta

Labor Commissioner Mark Butler Carrollton

State School Superintendant John Barge Rome

Agriculture Commissioner Gary Black Commerce

Insurance Commissioner Ralph Hudgens Winterville Olens

GEORGIA PUBLICSERVICE COMMISSION

District 2

Chuck Eaton Atlanta (Chairman)

District 3

Tim Echols Bogart

District 1

Doug Everett Albany

District 4

Lauren ‘Bubba’McDonald, Jr. Clarkesville

District 5

Stan Wise Marietta Eaton

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Rich McKayPresident/CEO, Atlanta Falcons

Though the Falcons had aninjury-plagued 2013 season, theycame just a few yards short ofthe Super Bowl in 2012, and theywill be moving into their new$1.2 billion dollar stadium in

2017. McKay, with the team since 2003, wasthe point man for making both of thoseaccomplishments happen.

Hugh B. McNattAttorney, Balch and BinghamHe’s been a behind-the-scenes power foryears. Known for his outgoing manner—andhis sharp-tongued views behind the scenes—McNatt has long been a mover and shaker, anddeserves recognition.

Penny McPheePresident & Trustee, The Arthur M. Blank FamilyFoundation

McPhee brings to her job a cele-brated media resume, and sheputs it to good use as president ofthe celebrated Blank Foundation.Her civic contribution extends toserving on the boards of the Metro

Atlanta Chamber and the Woodruff Arts Center.

Timothy MesconPresident, Columbus State University

CSU’s stature is symbolized byits recent gift acquisition of theNew York adult home of literarygiant and Columbus nativeCarson McCullers. The schoolhas continued to grow in both

size and stature since Mescon became presi-dent in 2008.

Ceasar MitchellPresident, Atlanta City Council

Mitchell is well-groomed for hisrole, having served in councilleadership roles in public safety,utilities and budget. He also is OfCounsel with the global law firmof DLA Piper, P.C., where he

practices commercial real estate and finance.His civic affairs resume is extensive.

Hala ModdelmogPresident, Metro Atlanta Chamber

The Chamber’s new leader is aGeorgia native with a track recordof transforming businesses likeChurch’s Chicken and Arby’sRestaurant Group. Now she turnsher focus to the ideas and ideals

that will help the Atlanta area continue itsgrowth in a smart and successful fashion.

Alison MoranCEO, RacetracIn 2012 Moran replaced longtime CEO CarlBolch Jr.—her father. She earned her way tothe top, and spent the five years leading up toher promotion by running the company’slargest division.

Jere W. MoreheadPresident, University of Georgia

For the first time since 1950,UGA stayed ‘in house’ when itnamed its new president in July2013. Morehead’s academic andadministrative resume reads likejust what it has turned out to

be—a virtual training course for the topposition at what has been rated one of the tenbest public college values in America.

Charlotte NashChairman, Gwinnett County CommissionIf all politics is local, Nash is a kingpin. Sheworked for Gwinnett County for 27 years beforestarting her own governmental affairs company.She is slated to become president of theAssociation of County Commissioners of Georgiain 2016.

Lamar NortonExecutive Director, Georgia Municipal Association

Tough fiscal times for Georgia’stowns and cities make the lobby-ing and other assistance of GMAmore vital than ever. Norton hasbeen director since 2012.

Sam OlensAttorney GeneralOlens is a multi-tasker by both trade and byinclination. His office has shepherded into exis-tence reformed open-meetings laws andGeorgia’s challenge to Obamacare, amongmuch else. A future run for governor has longbeen rumored, but Olens is plenty busy as awidely-respected AG.

Dan PappPresident, Kennesaw State University

Kennesaw State’s formation of aninter-collegiate football programis emblematic of the school’s con-tinuing growth and emergence asa major Southern university.

G.P. “Bud” PetersonPresident, Georgia Institute of TechnologyTech gets more and more important to Georgia allthe time, with its academic and research excel-

lence having a huge impact on Georgia’s eco-nomic present and future. Peterson just celebrat-ed his fifth anniversary as the school’s president.

John PortmanArchitect and Real Estate Developer

He’s the man who put his stampon the Atlanta skyline. Hissignature has been the multi-storied interior hotel or officebuilding, like the PeachtreeCenter complex. The works of

this Georgia Tech graduate are on display as faraway as China.

Tom PriceCongressmanThe north Fulton Republican has made a splashin his 10 years in Washington. A medical doctor,he was the main sponsor of the Republican’salternative bill to Obamacare, the EmpoweringPatients First Act, and he is vice chairman ofthe House Budget Committee.

Vic Reynolds District Attorney, Cobb Judicial Circuit

This DA is casting a wide net ofinfluence. Plus his substantialcase load, he’s been behind thelaunching of a new program tosolve unsolved murders, theestablishment of a new Mental

Health Court, a new military Veteran’s Court,and even an Animal Abuse Unit.

Earl RogersPresident/CEO, Georgia Hospital AssociationHealthcare influences all Georgians, and thehospital association influences most all ofhealthcare. GHA is one of the most powerful lob-bying powers in the state, and Rogers and com-pany perpetually prove they are up to the task.

John SchuerholzPresident, Atlanta Braves

The architect of the Braves’glory days is still wielding aconsiderable, if less visible rolethan he did in his days asgeneral manager. The team just

GEORGIA CONGRESSIONALDELEGATION

UNITED STATESSENATORS

Saxby Chambliss Johnny IsaksonMoultrie Marietta

UNITED STATES HOUSEOF REPRESENTATIVES

District 1 Jack Kingston Savannah

District 2 Sanford Bishop Albany

District 3 Lynn Westmoreland Grantville

District 4 Hank Johnson Lithonia

District 5 John Lewis Atlanta

District 6 Tom Price Roswell

District 7 Rob Woodall Lawrenceville

District 8 Austin Scott Augusta

District 9 Doug Collins Gainesville

District 10 Paul Broun Athens

District 11 Phil Gingrey Marietta

District 12 John Barrow Savannah

District 13 David Scott Atlanta

District 14 Tom Graves Ranger

14 JAMES

MOST INFLUENTIALSENATORS

Charlie Bethel, Dalton

Gloria Butler, Stone Mountain

Ronnie Chance, Tyrone

Vincent Fort, Atlanta

Tim Golden, Valdosta

Steve Gooch, Dahlonega

Steve Henson, Tucker

Donzella James, Atlanta

Fran Millar, Atlanta

Butch Miller, Gainesville

Jeff Mullis, Chickamauga

Jack Murphy, Cumming

Nan Orrock, Atlanta

David Shafer, Duluth

Horacena Tate, Atlanta

Curt Thompson, Tucker

Ross Tolleson, Perry

Rene Unterman, Buford

Tommie Williams, Lyons

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committed many tens of millions of dollars tolong-term deals for star players—madepossible by projected higher revenues, thanksto their new stadium in Cobb starting with the2017 season.

David ShaferGeorgia Senate President Pro TemporeThis former James magazine Georgia Legislatorof the Year has lost no power or prestige sincethat recognition. His canny parliamentarianpower makes this Duluth Republican a force tobe reckoned with.

Michael Shapiro Director, High Museum of Art

In his 20 years as its director,Shapiro has overseen the re-opening the museum’s perma-nent connection, a significantexpansion of display space, andthe display of famous art from all

corners of the globe.

Beth ShiroishiPresident, AT&T GeorgiaRecently named to succeed the retired SylviaRussell, Shiroishi has picked up the leadershipbaton and run with it. New wireless andbroadband services will be the result.

John W. Somerhalder IIChairman, President & CEO, AGL Resources Inc.

At work Somerhalder has becomean enthusiastic advocate for nat-ural gas as an efficient, affordableand clean way to power society.At ‘play,’ he is energetic in hiscivic work, which includes mem-

bership on the boards of the Georgia Chamberand the Metro Atlanta Chamber.

Kessel D. Stelling Jr.Chairman/CEO, SynovusThe Columbus-based Synovus is a financial serv-ices company with $27 billion in assets. Stellinghas been CEO since 2010 and chairman of theboard since 2012. That pretty much says it all.

Jimmy TallentPresident/CEO, United Community Bank

Blairsville was the first communi-ty bank for Tallent, but now thereare 27 “Community Banks” inthree states, with assets of morethan $6.7 billion.

Tommy ThomasBarber/Power BrokerBuckhead’s “Barber to the Stars” carries on a fam-ily tradition created by his father, the late TommyThomas, Sr, who passed away in 1996. The fatherwas known as the man to go to for major businessand civic leaders of his day, including Coke’scivic giant Robert Woodruff himself. His sonTommy has not only carried on the tradition, buthas expanded the barbershop’s sphere of influ-ence. Thomas’s shop, located in the famed “WestPaces Ferry” shopping center, is not only whereGeorgia’s movers and shakers go to get a greathaircut, it’s where most anyone who needs “pow-erful” help knows to turn. From U.S. Senators tohigh flying executives, Thomas knows them alland never hesitates to help out a friend.

William UnderwoodPresident, Mercer University

With Underwood’s leadership,Mercer has seen much growth,especially the 20 percent increasein enrollment at the school’s threecampuses in Atlanta, Macon andSavannah.

T. Rogers WadeChairman, Georgia Public Policy FoundationWade has a hand in much that’s political, andthat’s because he’s developed uncommonlygood judgment over years of advising everyonefrom former U.S. Senator Herman Talmadge tocurrent Governor Nathan Deal.

James WagnerPresident, Emory University

Since 2003 Wagner has been pres-ident of one of the South’s premieruniversities. He presides over aschool that continues to polish itreputation for being a center oflearning, research and high cul-

ture in the South.

Larry WalkerNewspaper (and James) columnistLarry’s column in this issue of James has somefun with the notion that he himself has influencesince he is no longer Majority Leader of theGeorgia House. But don’t be taken in by hismodesty. Larry’s regular newspaper alonetouches the lives of his thousands of readers.

Neil WarrenSheriff, Cobb County

The high sheriff of Cobb wieldsconsiderable influence not only inCobb but in the state as well. He’sbeen elected and re-elected threetimes and in 2012, Fox Newsnamed him as one of America’s

top 10 immigration sheriffs.

Joel WernickPresident/CEO, Phoebe Putney Memorial Hospital

If you live in southwest Georgia,odds are you have either workedat Phoebe Putney Health system,or you have received treatmentthere or know someone who has.And that means your life has

been touched by the vision and administrativeskill of Wernick during his 25-plus years withPhoebe Putney.

HOUSE COMMITTEES & CHAIRMENAgriculture & Consumer Affairs

Tom McCall Elberton

AppropriationsTerry England Auburn

Banks & BankingGreg Morris Vidalia

Budget & Fiscal Affairs OversightChuck Martin Alpharetta

Code RevisionDavid Casas Lilburn

Defense & Veterans AffairsJohn Yates Griffin

Economic Development & TourismRon Stephens Savannah

EducationBrooks Coleman, Jr. Duluth

Energy, Utilities, & TelecommunicationsDon Parsons Marietta

EthicsJoe Wilkinson Sandy Springs

Game, Fish, & ParksJon Burns Newington

Governmental AffairsAmy Carter Valdosta

Health & Human ServicesSharon Cooper Marietta

Higher EducationCarl Rogers Gainesville

Human Relations & AgingTommy Benton Jefferson

Industry & LaborMark Hamilton Cumming

Information & AuditsMike Cheokas Americus

InsuranceRichard H. Smith Columbus

Interstate CooperationMatt Dollar Marietta

Intragovernmental CoordinationJan Tankersley Brooklet

JudiciaryWendell Willard Sandy Springs

Judiciary Non-CivilRich Golick Smyrna

Juvenile JusticeTom Weldon Ringgold

Legislative & CongressionalReapportionment

Randy Nix LaGrang

MARTOCMike Jacobs Atlanta

Motor VehiclesTom Rice Norcross

Natural Resources & EnvironmentLynn Smith Newnan

Public Safety & Homeland SecurityAlan Powell Hartwell

Regulated IndustriesHoward Maxwell Dallas

RetirementPaul Battles Cartersville

RulesJohn Meadows Calhoun

Science & TechnologyEd Setzler Acworth

Small Business DevelopmentDavid Knight Griffin

Special RulesWillie Talton Warner Robins

State Planning & Community AffairsJimmy Pruett Eastman

State PropertiesBarbara Sims Augusta

TransportationJay Roberts Ocilla

Ways & MeansMickey Channell Greensboro

Spiro AmburnChief of Staff, Office of House Speaker David Ralston

•Joselyn Baker

Georgia Chamber of Commerce•

Jeremy CollinsChief of Staff, Senator David Shafer

•Sandra Deal

First Lady•

Ben FryDirector of Communications and External Affairs

Lt. Governor Casey Cagle•

Marshall GuestPress Secretary, Speaker David Ralston

•Dianne Hardin

Executive Assistant, Speaker David Ralston•

Joan KirchnerChief of Staff, Sen. Johnny Isakson

•Tharon Johnson-McKenna

Political Strategist to President Barack Obama(Southeast) and Mayor Kasim Reed

•Irene Munn

General Counsel and Policy DirectorLt. Governor Casey Cagle

•Chris Riley

Chief of Staff, Governor Nathan Deal•

Brian RobinsonCommunications Director, Governor Nathan Deal

•Kim Shreckengost

Executive Vice President, AMB Group, LLC

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16 JAMES

Lynn WestmorelandCongressman

Westmoreland has become a stal-wart of the Georgia congressionaldelegation since taking office in2007. He serves on the HouseFinancial Services Committeeand the Permanent Select

Committee on Intelligence, and caucuses withthe tea party.

John WilliamsReal Estate DeveloperIn these parts, Williams will be forever known asthe founder of Post Properties, but he has longsince moved on to other ventures acrossAmerica and beyond. If there is an Atlanta-based business giant with more savvy andmore class, we would like to meet him or her.

John WilsonPresident, Morehouse College

Wilson presides over an institu-tion as famous and storied asmost any in the South. Beforecoming to Morehouse he wasappointed by President Obamaas the executive director of the

White House Initiative on Historically BlackColleges and Universities.

Stan WisePublic Service CommissionThis four-time elected commissioner hasserved as President of the National Associationof Regulatory Utility Commissioners. His politi-cal expertise is unquestioned.

Sally Quillian YatesU.S. Attorney, Northern District of Georgia

Yates has earned near-legendarystatus in Georgia’s judicial sys-tem. Her integrity, zeal and com-petence as a longtime publicprosecutor led President Obamato appoint her in 2010 as U.S.

Attorney in the Northern District of the state.

Andrew YoungFormer Atlanta Mayor, Former U.N. Ambassador

Young is known internationallyfor plenty, but mostly for hisresidence in and influence onAtlanta and Georgia. Theinfluence of this life-long civilrights activist can best be

summarized by the widely held belief that itwas Young more than any other person whobrought the Olympics to Atlanta.

Lewis W. Dickey, Jr.Chairman/President/CEO, Cumulus MediaDavid DickeyPresident, Dickey Broadcasting CompanyAtlanta-based Cumulus Media is the secondlargest owner and operator of AM and FM radiostations in America. Dickey BroadcastingCompany, a subsidiary of Cumulus, is creditedwith launching sports talk radio in Atlanta twodecades ago.

Michael JosephPresident/General ManagerKevin RileyEditorBert RoughtonPrint Managing EditorAmy GlennonPublisherAtlanta Journal-Constitution

The dominating media influence of dailynewspapers is supposed to be on the wane. Butthe AJC, both online and off the press, continuesto be an institution unlike any other in Georgia.When ‘the paper’ speaks, we all listen. The AJCis owned by Cox.

Hilton HowellCEO/President, Gray CommunicationsHowell has been CEO from 2008 and Presidentsince 2013. Atlanta-based Gray owns andoperates TV stations in 31 markets across the

SENATE COMMITTEES & CHAIRMEN

Administrative AffairsDavid Schafer Duluth

Agriculture & Consumer AffairsJohn Wilkinson Toccoa

AppropriationsJack Hill Reidsville

Banking & Financial InstitutionsJohn Crosby Tifton

Economic DevelopmentFrank Ginn Danielsville

Education & YouthLindsey Tippins Marietta

EthicsRick Jeffares Locust Grove

FinanceJudson Hill Marietta

Government OversightBill Heath Bremen

Health & Human ServicesRenee S Unterman Buford

Higher EducationBill Cowsert Athens

Insurance & LaborTim Golden Valdosta

Interstate CooperationHardie Davis Augusta

JudiciaryJosh McKoon Columbus

Judiciary Non-CivilJesse Stone Waynesboro

MARTOCFran Millar Vice Chairman* Dunwoody

Natural Resources & the EnvironmentRoss Tolleson Perry

Public SafetyBuddy Carter Pooler

Reapportionment & RedistrictingDon Balfour Snellville

Regulated Industries & IndustriesJack Murphy Cumming

RetirementFran Millar Dunwoody

RulesJeff Mullis Chickamauga

Science & TechnologyBrandon Beach Alpharetta

Special JudiciaryCurt Thompson Tucker

State & Local Governmental OperationsWilliam T. Ligon, Jr. St. Simons

State Institutions & PropertyJohn Albers Roswell

TransportationSteve Gooch Dahlonega

Urban AffairsRonald B. Ramsey, Sr. Decatur

Veterans, Military, & Homeland SecurityEd Harbison Columbus

*NoteMARTOC only has a Vice-Chair, no Chair

GEORGIA MAYORS— TOP CITIES —

Atlanta Kasim ReedAugusta Deke CopenhaverColumbus Teresa Tomlinson

Savannah Edna Branch JacksonAthens Nancy Denson

Sandy Springs Rusty PaulRoswell Jere Wood

Macon Robert ReichertJohns Creek Mike Bodker

Albany Dorothy Hubbard

MEDI AEd BakerPublisherDavid AllisonEditor, Atlanta Business Chronicle

In 2013 Baker wasinducted into theAtlanta Press ClubHall of Fame. Andno wonder: Underhis leadership the

Chronicle has become one of the largest busi-ness journals in the country. Allison is effectivebecause he sees the Atlanta business climatethe same way his business readership does: Assomething that’s evolving every day.

BAKER ALLISON

JOSEPH RILEY ROUGHTON GLENNON

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country, broadcasting over 85 distinct chan-nels of programming and operating dozens oflocal digital and mobile platforms.

Jim Cox KennedyChairman, Cox Enterprises

Here’s a man whose influence ismatched only by his wealth—hehas been listed as one of the 50wealthiest people in America. TheCox empire includes print andbroadcast media galore.

Tim McVayVice President/General Manager, WSB

WSB-TV is the flagship TV sta-tion of Cox Media Group, and hasmore viewers than any otherlocal station in America.‘Channel 2’ also has five sisterradio stations, including the leg-

endary WSB (750 AM). If you’re not familiarwith the Cox-owned WSB, you haven’t been inAtlanta long. McVay is a 34-year employee ofCox television.

William S. ‘Billy’ Morris IIIChairman/CEO, Morris CommunicationsWilliam S. ‘Will’ Morris IVCEO/Morris Venture Capital

Morris is headquar-tered in Augusta,but its many mediaholdings reach to asfar away as Alaska.They include news-

papers and magazines, outdoor advertising,radio broadcasting, book publishing anddistribution, visitor publications and onlineservices.

Dink NeSmithPresident/Co-owner, Community NewspapersChairman, Board of Regents

NeSmith’s influence reachesthroughout Georgia and intoother Southeastern states withthe 30 newspapers published byCommunity. As chairman of theBoard of Regents, he’s been

pushing for a university system-based scientif-ic research system in Georgia that is similar toNorth Carolina’s “Research Triangle.”

Tyler PerryActor, Director, Playwright, Producer

If media and business are twobig influences in Georgia, thenthink about the business ofmedia! Perry’s astonishing abili-ty to delight millions of viewersand readers has made him one of

the world’s wealthier entertainers.

Bill SchneiderVice President/General Manager, Fox5/WAGA-TVFox 5 is the chief rival to WSB-TV in televisionnews in Atlanta. Schneider’s management hasbeen top-flight since taking over for the retiredGene McHugh.

Ted TurnerFounder, CNN/Former Owner, Atlanta Braves

He says he doesn’t live in Georgiaanymore, but Turner’s influenceon Atlanta and the state will echofor a long time. The billionairebasically invented the cable TVindustry. Enough said.

LAWEditor’s note: This listing of most influential attorneysand judges is a sample of more extensive coverage ofthe legal profession to come in a future issue of James.

Roy BarnesFounder, Barnes Law Group

The former Georgia governorremains front and center in thepublic eye, thanks to his firm’smission to focus on consumeradvocacy. Barnes has been offi-cially recognized as one of

America’s top lawyers.

Jeff HaidetChairman, McKenna Long & Aldridge

Under Haidet’s leadership,McKenna Long has extended itsinfluence into a wide array of crit-ical issues in Georgia, while offer-ing legal services worldwide.

John HallFounding Partner, Hall-BoothHall has comprehensive experience in highexposure litigation law cases. His ambitiousgoals for the firm have made it one of Georgia’sfastest-growing.

Richard HaysManaging Partner, Alston & Bird

The Harvard- and Vanderbilt-edu-cated Hays is well-suited to wadein the waters of a legal trade thathe says is “more challenging anddemanding” than ever. His peershave chosen him as one of

America’s best lawyers.

Robert HaysChairman, King & Spaulding

Hays is top lawyer at this legalgiant, where he oversees strategicgrowth and direction of the firmand focuses on building strong rela-tionships with the firm’s clients.

Thomas MaloneLitigation Attorney

Past President of the AmericanBoard of Professional LiabilityAttorneys, Malone has woncountless verdicts of more than $1million in his 40-plus-year career.

Herb PhippsPresiding Judge, Georgia Court of AppealsPhipps has been reelected three times sincebeing appointed to the Appeals Court by formerGovernor Roy Barnes.

Charles RuffinPresident, Georgia Bar AssociationRuffin has more than 30 years of litigationexperience. He is a shareholder with Baker,Donelson, Bearman, Caldwell & Berkowitz ofAtlanta/Macon.

Bob WebbChairman/Managing Partner, Troutman Sanders

For years Webb has been instru-mental in expanding TroutmanSanders within the U.S. and inter-nationally. His parallel career incivic affairs has included servingon the Boards of Directors of the

Atlanta Chamber of Commerce and the GeorgiaChamber of Commerce.

MOST INFLUENTIALHOUSE MEMBERS

Mickey Channell, Greensboro

Brooks Coleman, Duluth

Sharon Cooper, Marietta

Matt Dollar, Marietta

Earl Ehrhart, Powder Springs

Carl von Epps, LaGrange

Virgil Fludd, Tyrone

Rich Golick, Smyrna

Mark Hamilton, Cumming

Ben Harbin, Evans

Matt Hatchett, Dublin

Michele Henson, Stone Mountain

Carolyn Hugley, Columbus

Mike Jacobs, Brookhaven

Margaret Kaiser, Atlanta

Roger Lane, Dalton

Ed Lindsey, Atlanta

Pedro ‘Pete’ Marin, Duluth

Chuck Martin, Alpharetta

Howard Maxwell, Dallas

Tom McCall, Elberton

John Meadows, Calhoun

Billy Mitchell, Stone Mountain

Mary Margaret Oliver, Decatur

Larry O’Neal, Bonaire

B.J. Pak, Lilburn

Don Parsons, Marietta

Allen Peake, Macon

Jay Powell, Camilla

Matt Ramsey, Peachtree City

Tom Rice, Norcross

Jay Roberts, Ocilla

Carl Rogers, Gainesville

Barbara Sims, Augusta

Chuck Sims, Ambrose

Richard Smith, Columbus

Tommy Smith, Nicholls

Calvin Smyre, Columbus

Willie Talton, Warner Robins

Sam Teasley, Marietta

Mable Thomas, Atlanta

Wendell Willard, Sandy Springs

MORRIS III MORRIS IV

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18 JAMES

ALL IN THEFAMILY

Dean & Debbie AlfordHusband Dean is chief executive officer of AlliedEnergy Services and sits on the Board of Regents.Wife Debbie is president and CEO of the GeorgiaLottery Corporation, which contributed nearly $1billion to Georgia education in 2013.

The Brumby FamilySay Marietta, say CobbCounty, say the Brumby fam-ily. They’ve been in Mariettasince the Civil War, and fordecades they’ve been syn-onymous with publishing

the Marietta Journal and being influential incounty politics and business.

Otis Brumby Jr. passed away in 2012, buthis son Otis III continues the family tradition ascurrent publisher of the Journal. His sister HelenSpain Brumby Gregory is also heavily involvedin Brumby family enterprises. Heath Garrett,husband to Otis Jr.’s daughter Lee, is a politicaland governmental relations strategist and theformer chief of staff for U.S. Sen. Johnny Isakson.

The HannasFrank III and David Hanna are business legaciesof their celebrated father Frank Jr. Frank III isnot only a merchant banker, he’s consideredone of the top Catholic philanthropists inAmerica. And David is co-founder, Chairman ofthe Board, and CEO of Atlanticus HoldingsCorporation, which grew into one of the largestoriginators of credit cards in the United States.

Mack & Leslie MattinglyMack was Georgia’s firstRepublican U.S. Senatorsince Reconstruction. Hispolitical career hasspanned everything fromlocal politics to overseas

appointments by U.S. Presidents. Wife Leslie isactive in political and civic affairs in the Georgiacoastal region. The Mattinglys are truly a politi-cal team.

Alec & Doreen PoitevintAlec Poitevint has one ofthose resumes too long tolist. The chairman andpresident of SoutheasternMinerals has served onmultiple corporate boards,

and as chairman of the Georgia Republican Partyand treasurer of the Republican NationalCommittee. Doreen sits on the Board of Regents.

Herman & Sylvia Russell Though Sylvia is nowretired as president ofAT&T Georgia, the effectsof her leadership stillreverberate throughoutthe state. The 2012 James

magazine co-Georgian of the Year spearheadedAT&T’s work to implement a multi-billion dol-lar, ‘next generation’ telecommunicationsinfrastructure in Georgia. Husband HermanRussell founded H.J. Russell and (construction)Company, which over 50 years became oneAmerica’s most profitable minority-ownedbusinesses.

Jeffrey Sprecher & Kelly LoefflerTheir company Interconti-nentalExchange operatesthe New York StockExchange, but that’s onlythe highest-profile busi-ness the Specher-Loeffler

couple is involved in. Loeffler is also the co-owner of the professional women’s basketballteam the Atlanta Dream, and she was at onetime rumored to be a potential candidate forU.S. Senate. Their business enterprises areworth billions of dollars.

Philip Wilheit Sr. & Phillip Wilheit Jr.Wilheit Packaging and Marketing Image

‘Father Wilheit’s’ namehas become synonymouswith civic and politicalactivism in Georgia. Heplays a vital role withGovernor Nathan Deal’s

campaigns, and for years he has sat on theBoards of Regents and Education, and theGeorgia Chamber of Commerce Board, amongmuch else. His son Phillip Jr is active with thefamily business and chairs the Department ofNatural Resources Board of Directors.

2014

JAMES’SMOSTINFLUENTIAL

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GEORGIA’S LEADERS IN

GOVERNMENT AFFAIRS

Unmatched Experience l Bipartisan l Strategic l Results-Driven

mckennalong.com

Albany l Atlanta l Brussels l Denver l Los Angeles l Miami l New York l Northern Virginia

Orange County l Rancho Santa Fe l San Diego l San Francisco l Seoul l Washington, DC

BLAKE ASHBEEWelcome to our

newest team member: Former Executive Director of the Governor’s Office of Workforce Development (GOWD), and former GOWD General Counsel

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ut your hand in a bucket of water.Pull it out. Whatever kind of hole itleaves is the kind of hole you’ll leave

when you leave here.The above wisdom, which I wish I had

first spoken, is what I thought about when Iwas asked to write a column dealing withinfluential Georgians-whether presently or“all-time,” I do not know.

I do not mean to denigrate or “cut short”any presently prominent Georgian. I’ve beenthere, myself—actually called publicly, onseveral occasions, “one of Georgia’s mostinfluential people.” But, there also have beenseveral years since I “pulled my hand out ofthe bucket of water”, and I have seen thekind of hole I left since I departed presumedprominence. Today, I wouldn’t make anylist—for “alltime” or even for the present.

Let me back up. Mother gave me a littlemoney for Christmas in 2004, and I usedpart of it to make a purchase from a localantique store. What I bought was a largeframed print entitled “Portraits of IllustriousGeorgians” with the subtitle, “A series ofpaintings by Lewis Crumley Gregg on per-manent exhibition in the banking quarters ofthe Trust Company of Georgia, Atlanta.”Unfortunately, no date.

Frankly, what to do with my “gift,” Idid not know. Still, I was rather proud of it,and ended up hanging it in our barn at ourplace out on Marshallville Road in Perry. Itwas not of the quality to hang in my officeor our home, but I’m glad I bought it, and Ilike to look at it even though it is water-stained on the bottom.

How many of you know who WilliamHarris Crawford was? What about JosiahMeigs? And then there is Lucius QuintusCincinattus Lamar (now there is a name foryou!). And what about Rebecca LatimerFelton? Tomochichi and Tooanahowi? It’s notgetting much easier, is it?

There are nineteen Georgians depictedon the print and include some betterknownssuch as General James Edward Oglethorpe,Rev. John Wesley, Sidney Lanier, Joel ChandlerHarris, Alexander Stephens and Eli Whitney.

Obviously, my print is very old.Whether sixty years or eighty years or howmany years, I do not know. But, I know it isold lest it include more recent and perhapseven more “Illustrious” Georgians.

Who would be included on a current

print of illustrious Georgians and how manyof Mr. Gregg’s selectees would still make thelist? Intriguing question for Georgia historybuffs, isn’t it? Incidentally, Webster defines“illustrious” as “notably or brilliantly out-standing because of dignity or achievementsor actions.” Does that make it any easier?

Let’s briefly mention some modern-dayinfluential Georgians. Some of these proba-bly are featured in other articles in thisissue of James.

Former President, Jimmy Carter, andDr. Martin Luther King are both Nobel PeacePrize winners. Ted Turner pioneered withcable television. Senator Richard Russell wasa giant in the United States Senate. Don’t besurprised if Sam Nunn is a future Nobel Prizewinner. Carl Sanders put Georgia on the cor-rect course when he was Governor. FormerGovernor Zell Miller gave Georgia Hope andlots of people hope.

Then there are our many outstandingentertainers and sports heroes? Ray Charles,Bobby Jones and Ty Cobb come to mind. Wehave titans of business including, Coca-Cola’sMr. Robert Woodruff, and founders of HomeDepot, Arthur Blank and Bernard Marcus.Also, outstanding writers including MargaretMitchell, author of Gone With The Wind.

And, of course, there are modern politi-cians like Georgia’s first Republican Governor

since Reconstruction, Sonny Perdue, andGeorgia’s present outstanding Governor,Nathan Deal. Roy Barnes, when he wasGovernor, led the effort to change Geogia’sflag. That was big. And, what about formerState House Speaker, Tom Murphy, who forabout twenty years had more political influ-ence in Georgia than any other person.

Still, I’m thinking about the hand in thehole of water or perhaps I should say thehand pulled out of the hole of water. To bet-ter understand, let’s go back to my old printwhich, as I said, is appropriately hanging inmy barn. Let’s take another look at LewisCrumley Gregg’s print.

As to Mr. Gregg’s picks, perhaps GeneralOglethorpe and John Wesley would stillmake the cut. And there is Eli Whitney, butthe cotton gin doesn’t seem to be as impor-tant in Georgia as it used to be. I’ll wager thatonly two or three of his 19 would still beincluded. Of course, all of this is dependenton who makes the selections.

I notice that the print says that the exhi-bition is on “permanent” display at TrustCompany of Georgia in Atlanta. We knowthat’s not so. Actually, nothing is permanent,is it? Not even the place of “Great Georgians”on a list. Time and new people will replaceeven the greatest. This was brought home tome when viewing the many portraits hangingin the State Capitol. I’d wager that very fewGeorgians can identify many of those selectedat one time by someone as being “illustrious.”

William Harris Crawford was UnitedStates Treasurer and Ambassador to the Courtof Napoleon. Josiah Meigs was the firstPresident of the University of Georgia.Rebecca Latimer Felton was, at the time of theprint, the only woman to become a UnitedStates Senator. Tomochichi was Chief of theYamacraw Indians and friend of Oglethorpe’scolonists, and Tooanahowi was his nephew.

Do you want to know who all the nine-teen are and what they were “illustrious” for?Well, if so, you’ll just have to come out to myfarm and look for yourself. I hope you areinterested. I’ll look forward to seeing you.

And, by the way, Lucius QuintusCicinattus Lamar was a member of Congress,a United States Senator, United StatesSecretary of the Interior and an AssociateJustice of the United States Supreme Court.I’ll bet that most Georgians have never headof him. Have you?

L A R RY WA L K E RLWA L K E R @ W H G M L AW. C O M

Who WasLucius Quintus Cincinattus Lamar?

P

21

Lucius Quintus Cicinattus Lamar

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M A C M c G R E WM A C . M C G R E W @ M S . C O M

Investing in Foreign BondsAs yields on high-quality bonds have slipped in the UnitedStates, more investors are turning to foreign bonds and for-eign bond funds to boost portfolio yield potential and pro-vide greater diversification.1 In the past decade, there’s beensubstantial growth and maturation of world bond markets.That, combined with the ongoing globalization of business-es and capital flow, can make foreign bonds a viable optionfor many investors. In fact, over 60% of the world’s outstand-ing sovereign debt was issued outside of the United States.2

Investing in foreign bonds has many advantages,including:

INCREASES DIVERSIFICATION OF AN INVESTMENT PORTFOLIOForeign bonds may help reduce exposure to economic orpolitical instability in a specific country and can improve aportfolio’s risk profile.

HEDGE AGAINST A WEAK OR FALLING U.S. DOLLARWhen a foreign currency is strong compared to the dollar,your returns increase because your foreign earnings convertinto more dollars.

ATTRACTIVE YIELD POTENTIALReturns from foreign bonds are typically higher thanreturns offered via U.S. Treasury securities. However, it’simportant to note that with those attractive yields comeadditional risks—the risk of changing political conditionsand fluctuating currencies—which are generally not factorswhen investing in domestic debt.

LESS CORRELATIONThe monetary and budget policies of many foreign nationsare often unsynchronized with those of the United States,which can be a good thing from the standpoint of portfoliodiversification.

Over time, foreign bonds have produced competitivereturns, even besting the equity market at times. In the tenyears ended August 31, 2013, average total returns of for-eign bonds outperformed the Standard & Poor’s 500 on arisk-adjusted basis, and have outpaced the U.S. bond mar-ket as well, though at higher levels of risk.

Investing inBOND$

Also note that, although the U.S. and foreign equitymarkets have been much more in sync during the past 10-15 years, U.S. and foreign bond markets have exhibited rel-atively low correlation. For one-year periods endingbetween 2000 and 2012, the correlation was only 0.25.3

The closer the correlation moves to 1, the more that U.S.and foreign markets have moved in tandem.

There are many types of foreign bonds, both from gov-ernment entities as well as corporations. Here is anoverview.

EurobondsA eurobond is a bond issued and traded in a country otherthan the one in which its currency is denominated—notalways a European nation. Eurobonds are attractive financingtools as they give issuers the flexibility to choose the countryin which to offer their bond according to that country’s regu-latory constraints. They are usually issued in more than onecountry of issue and traded across international financialmarkets. But they are unsecured, leaving bondholders with-out the first claim to the issuer’s assets in case of default.

Below are some common types of Eurobonds:

STRAIGHT EUROBONDSThis type of bond has a fixed coupon that is usually paidannually and returns principal at maturity, which is typical-ly between three and seven years.

FLOATING RATE BOND NOTESShort- to medium-term bond issues that pay a couponinterest rate that “floats” (goes up or down in relation to abenchmark rate plus some additional spread).

continued on next page

Citigroup Non-US Dollar Barclays USWorld Government Aggregate S&P 500

Bond Index Bond Index

1 Year -6.23% -2.47% 18.71%

5 Year 3.41% 4.94% 7.31%

10 Year 5.17% 4.77% 7.12%

10-Year 0.61 1.38 0.35Sharpe Ratio

Sources: Citigroup, Barclays, Standard & Poor’s. Data as of August 31, 2013. It is not possible toinvest directly in an index. Past performance is no guarantee of future results.

23

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ZERO-COUPON BONDSThis type of bond does not have interest payments—insteadinterest is paid at maturity. This bond is typically purchasedat a discount. Investors in this type of Eurobond may belooking for some kind of tax advantage.

CONVERTIBLE BONDSThis type of bond can be exchanged for another instrument,usually a share of stock from the issuing organization. Thebondholder decides whether to convert the bond.

HIGH-YIELD BONDSRated to be below investment grade (a credit rating belowBBB by Standard & Poor’s or Baa by Moody’s).

Global BondsA global bond is a type of bond that is issued in multiple mar-kets in different currencies. There are three types of bonds:

CORPORATE BONDS issued by high-quality, multi-nationalorganizations.

GOVERNMENT BONDS issued by sovereign nations.

BRADY BONDS U.S. dollar-denominated bonds issued byforeign countries backed by the U.S. Department of Treasury.

By issuing global bonds, a government or corporationis able to attract funds from a wider set of investors andpotentially reduce its cost of borrowing. Investing in globalbonds opens up a whole new opportunity set of potentialreturn sources in the form of different economies, yieldcurves, and currencies.

Sovereign DebtIssued by national governments, sovereign bonds are gener-ally among the safest investments in most countries. Even ifcountries are not particularly creditworthy, their sovereignbonds are usually safer than their other domestic alternatives.

Sovereign debt comes in two general categories: thoseissued by the national governments of large, developedeconomies and those issued by emerging market countries.

Bonds issued by developed countries (such as Canada,Great Britain, and Germany) usually are considered safe,have high credit ratings, and offer relatively low yields.

Bonds issued by emerging market countries usually areperceived as more risky, have lower credit ratings, and thuscarry higher yields.

Yankee BondsYankee bonds are U.S. dollar denominated bonds issued byforeign governments and corporations and sold in the UnitedStates. The benefit to American investors is that they can pur-chase the securities of foreign issuers without being subject toprice swings caused by variations in currency exchange rates.As a result, Yankee bond prices are influenced primarily bychanges in U.S. interest rates and the financial condition ofthe issuer. Additionally, they are regulated by the U.S.Securities and Exchange Commission (SEC) and are rated byAmerican ratings agencies such as Moody’s Investors Service

and Standard & Poor’s. As a result, Yankee bonds tend to belower in risk than certain other foreign bonds.

Investment RisksAs with all types of investments, there are a number of risksassociated with foreign bonds, including the following.

CREDIT RISK Like domestic bonds, foreign bonds are subjectto credit risk—the risk that the bond’s issuer will be unableto make scheduled interest payments or repay the principalwhen the bond matures.

CURRENCY RISK Any time you hold a foreign currency, youare subject to currency risk, which is the potential for lossdue to fluctuations in exchange rates. Currency risk can lit-erally turn a profit on a foreign investment into a loss.

SOVEREIGN RISK This is the risk of a government becomingunwilling or unable to meet its loan obligations, or renegingon loans it guarantees. This risk is especially present inemerging markets, where governments are more likely to beunstable. There is also the risk of the lack of regulation andthe difficulties bondholders may have navigating court sys-tems in foreign countries.

INFLATION RISK As inflation rises, bonds that have already beenissued lose value in the secondary market. In an inflationaryenvironment, bonds issued more recently are usually moreattractive because they’ll often have higher interest rates, ascentral banks such as the U.S. Federal Reserve and EuropeanCentral Bank often raise rates in response to inflation fears.

INTEREST RATE RISK As interest rates rise, bond prices fall asinvestors are able to realize greater yields by buying newlyissued debt that reflects the higher interest rate.

LIQUIDITY RISK As with many U.S. corporate bonds, it can bedifficult to find a buyer for an international government orcorporate bond.

Which foreign bonds or bond funds best complementyour portfolio will depend on a number of factors, includ-ing your existing holdings and appetite for risk. Let mework with you to identify the investments that best suityour specific needs.

SourcesThe Bond Book, by Annette Thau, The McGraw-Hill Companies, 2011, IBSN: 978-07-166470-7

The Bond and Money Markets: Strategy, Trading and Analysis, by Moorad Choudhry,2003, IBSN: 0-7526-4677-2

Footnotes/Disclaimers1Diversification does not ensure a profit or protect against a loss.2Source: International Monetary Fund, World Economic Database, April 2013. Data asof December 31, 2012.3Source: Standard & Poor’s, 2013. Performance is for the one-year period endedJanuary 1, 2000, through the one-year period ended December 31, 2012. U.S. Bondsare represented by the Citigroup Broad Investment Grade Bond index. Foreign bondsare represented by the Citigroup Non-U.S. Dollar World Government Bond index.

Mac McGrew is a wealth advisor with the Edwards, Harrison,McGrew Group of Morgan Stanley in Atlanta. Contact Mac at404-365-2618 and [email protected]

24 JAMES MARCH /APRIL 2014

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eorgia has become the firstSouthern state selected toparticipate in a national fel-lowship program aimed atproducing more science,

technology, engineering and math (STEM)teachers for the state’s neediest areas.

The Woodrow Wilson GeorgiaTeaching Fellowship (WWGTF) programwill allow five state institutions—ColumbusState, Georgia State, Kennesaw State,Mercer University, and Piedmont College—to develop master’s-level teacher prepara-tion programs focusing on the STEM fields.

This focus could not come at abetter time. The STEM subjects areon the forefront of educational pri-orities. They are grouped togetherin the education community notonly because they are interconnect-ed, but because they are viewed asessential to the continued improve-ment of Georgia’s economic growthand competitiveness.

STEM jobs are growing faster thanjobs as a whole. By 2018, the number ofSTEM jobs in Georgia will increase 17percent, providing 200,000 new jobs. Infact, despite an unemployment rate thathovers around 7 percent, there are cur-rently two available STEM jobs for everyunemployed person, compared to onenon-STEM job for every 4.5 people.Employers are looking for workers withSTEM skills, and these workers will beable to earn a higher salary because ofthis demand.

However, to adequately prepare stu-dents for these jobs, Georgia needs quali-fied teachers delivering instruction in theclassrooms. Concerns regarding the quali-ty of our educator workforce have longbeen understood as the most critical com-ponent affecting student achievement. Awealth of research over the past years hasfocused on the issues of teacher qualityand teacher supply, drawing attention to

the critical need to address these areas ofeducation policy

In recent years, as few as 12 percentof teachers produced in Georgia havebeen middle- and high-school STEMteachers, but nearly half of the state’steaching vacancies (49 percent) are thosepositions. Having properly trained teach-ers in the classroom is the key to meetingthe workforce demand created byGeorgia’s growing STEM industries.

The aim of the Woodrow WilsonGeorgia Teaching Fellowship is to helpmeet this need. Each of the five institu-

tions will develop a model master’s-levelteacher preparation program, offering fel-lows a rigorous yearlong experience inlocal school classrooms. The process issimilar to a physician’s hospital-basedtraining in conjunction with a medicalschool. The fellows themselves will beselected from teachers, recent collegegraduates and career changers with strongbackgrounds in the STEM fields.Woodrow Wilson Teaching Fellowsreceive $30,000 stipends to use duringthe master’s program.

In exchange, they commit to teach ina high-need urban or rural school inGeorgia for three years, with ongoingmentoring. As part of this process, fellowswill be placed in a local school system,where they will receive ‘double mentor-ing’ during their commitment time. Theywill receive a mentor from the schoolwhere they are placed as well as a mentorfrom their university program. Research

has demonstrated that double mentoringreduces professional drop-out by a thirdand helps move new teachers along theinduction track. Nearly two-dozenGeorgia school districts are being consid-ered as partner sites.

The program was created and admin-istered by the Woodrow Wilson NationalFellowship Foundation and the GeorgiaPartnership for Excellence in Education isserving as the instate coordinating partner.Each participating institution will host 12Fellows annually, and the program hascommitted to at least three cohorts.

“STEM education plays a criticalrole in our state’s competitivenessand future economic prosperity,”Governor Nathan Deal said whenannouncing the new program inearly March. “The most importantthing we can do for our students inthis field is ensure they have effec-tive teachers.”

As a state, Georgia is makingprogress on meeting our STEM educationneeds. The number of fellows producedby this new program will fill most of theanticipated STEM vacancies for one yearin the participating districts. This is astart. However, it is not enough.

Without a properly educated work-force that can meet the needs of a growingeconomy, the state as a whole may notonly lose new employers and business cre-ation, but may experience a loss of exist-ing jobs as industries move to other statesand countries with a better educated pop-ulation. As the WWGTF is establishedwithin teacher preparations program andschool districts, efforts should be made toreplicate the successful aspects of theseprograms and provide a cadre of high-qualified STEM educators state-wide.

Dr. Dana Rickman is the Director of Policy andResearch for the Georgia Partnership for

Excellence in Education.

E D U C AT I O N

When Georgia plays, our students win.

galottery.com

GDana Rickman

New Fellowship Programin Georgia to Focus onSTEM Educators

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Every time you play the Georgia Lottery, a portion of the proceeds goes to give Georgia’s kids the chance to discover a more promising future. Thanks to you, more than $15 billion has been raised for education, over 1.3 million 4-year-olds have attended a Lottery-funded Pre-K Program and over 1.6 million HOPE scholars have discovered what college is all about. So thank you, Georgians, for playing—because when you play, our students win.

Their next chapter will be even more exciting.

galottery.com

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hen President Obama took office in themidst of the most severe economic down-turn since the Great Depression, he did so

with the promise that he and his Democratically controlledCongress would work toward a speedy recovery. Now, near-ly six years into his tenure and facing a sluggish recovery, thePresident’s record looks increasingly dismal. The AffordableCare Act, his signature legislative effort, is turning into aneconomic nightmare. Financial regulations contained inDodd-Frank are strangling community banks while doinglittle to address flaws exposed by the financial crisis. Andwhile proposals to bolster union influence through card-check and address climate change through arbitrary restric-tions on manufacturers languish inCongress, the President’s go-it-alonestrategy of using the administrativebureaucracy to circumvent Congresschallenges the very foundations of ourconstitutional separation of powers.

The release of a seemingly benignCongressional Budget Office (CBO)report on the 10-year economic out-look earlier this month revealed star-tling conclusions about effects theAffordable Care Act will have on par-ticipation in the labor market. CBOanalysts project that the Act willreduce net total hours worked by 1.5%to 2% between 2017 and 2024 andwill reduce total compensation growthby one percent.1 In human terms, thisrepresents roughly 2.5 millionAmericans who will choose not towork or choose to work less in response to work disincen-tives created by the ACA. As a result, workers will earn lessthan they would have otherwise.

Components of the law that tie health insurance subsi-dies to earnings will impact middle and low-income workersmost dramatically, incentivizing individuals to forego higherincome in order to avoid losing subsidies. In some cases,premium subsidies under the ACA disappear once an indi-vidual makes more than four times the federal poverty level,or roughly $47,000. In other cases, subsidies fall sharply atvarious income levels, and individuals on the margin willface incentives to remain under those thresholds. While pro-ponents of the Act are quick to point out that this meansindividuals will feel more free to enjoy leisure activities, itstill means that America’s labor market participation rate—formerly one of the highest among OECD countries, willslump toward that of countries like France and Spain.2 To

W put this in perspective, American workers create more valueper hour worked compared to their European counterpartsand contribute significantly more per capita to GDP.3

Although the CBO did not forecast the new law’simpact on labor productivity, the diminutive effect ofreduced workforce participation will dull this edge in thelong run. Moreover, individuals’ desire to work fewer hoursor not at all does not change the demand for labor, mean-ing the total number of jobs in the economy will be meas-urably less than it would have been without the ACA. Andif some of these formerly busy employees decide to starttheir own businesses, onerous requirements of Dodd-Frankwill mean that their community banks will find their abili-

ty to loan money reduced by increasedregulatory costs.

Compounding the problem, theAdministration’s proposal to raise thefederal minimum wage would deal aone-two punch to employers in theform of even higher labor costs, whichwould impact consumers throughhigher priced goods and services. Inshort, under the ACA employers willpay more for labor, see reduced pro-ductivity, and will struggle to remaincompetitive with firms in developingmarkets, such as China and India. Aseparate CBO report projects that rais-ing the federal minimum wage to theproposed $10.10 would eliminate500,000 to 1,000,000 jobs.4 In termsof wages, families at six times the fed-eral poverty level would see an aggre-

gated $15 billion decrease in real income. But in an econo-my that is the midst of a lethargic recovery, 1 million jobslost to higher-priced labor could have dire consequences.

In conclusion, the CBO estimates there will be 2.5 mil-lion fewer jobs due to the ACA combined with potentiallyone million lost to a minimum wage hike which will fur-ther attenuate the already torpid economic recovery anddiminish long term American economic growth. One canonly hope that the President will realize his mistakes,change course and focus on truly fixing our economy. Ourfuture depends on it.

1 http://www.cbo.gov/sites/default/files/cbofiles/attachments/

45010-Outlook2014_Feb.pdf2 http://www.oecd-ilibrary.org/employment/employment-rate_20752342-table43OECD Fact Book Data from 20124 http://www.cbo.gov/publication/44995

29

Obamacare and theMinimum Wage Effect

on the EconomyBRAD CARVER

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30 JAMES MARCH /APRIL 2014

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31

his issue of James focuses on influentialGeorgians. Unfortunately, as it relates tohealthcare, those with the most influencereside to our north. The decisions of thePresident, the Secretary of the United StatesDepartment for Health and Human, and theAdministrator for the Centers for Medicaid

and Medicare Services (“CMS”) have the most dramaticimpacts on Georgia’s healthcare providers, payors andpatients. Through the administration of programs likeMedicare and Medicaid, as well as services from the VeteransAdministration and the Federal Employee Health Plan those inthe federal executive branch exert fiscal and regulatory influ-ence that often directly and indirectly affect (if not control)decisions between Georgia patients and providers.

The federal largesse in the healthcare marketplace isundeniable. Last year, the Congressional Budget Office(“CBO”) estimated that in 2011, Americans spent 16.4% oftotal the gross domestic product (“GDP”) on healthcare serv-ices and products, (the Kaiser Family Foundation estimatesthat 2.9% of that spending is here in Georgia). The federalgovernment’s share of healthcare spending was 4.6% of theGDP and the CBO anticipates that number to grow to 8% in2038. Doing some rough math suggests that of that, the fed-eral government pays for almost one-third of all dollars spenton healthcare in the United States.

For a provider, decisions on Medicare reimbursement canmean the difference between survival and closure (as we haveseen recently here in Georgia). For payors, reduced Medicarerates often results in providers seeking more from the privatehealth plans to make up the difference. It also means that pri-vate plans may seek to reduce contractual reimbursementrates with providers to track federal practices.

But buying power represents just the cusp of the federalbureaucracy’s influence in Georgia. The Department of Justice,the CMS Office of Inspector General, the Internal RevenueService, and other agencies can force dramatic shifts in busi-ness practices by altering one of the thousands of existing reg-ulations and rules. Examples include regulations prohibitingcertain ownership interests by physicians’ practices or limita-tions on restrictive covenants that are part of a hospital’s deci-sion to guarantee a new physician’s salary. Even beforeObamacare, Congress has done little to challenge or changethe vast regulatory authority that the agencies possess. Theseregulations not only influence how care is delivered, they alsodrive up the cost of compliance, which costs are passed on toconsumers and appropriators within the State government.

For these reasons, one would have to say that the most

by Josh Belinfante

influential persons impacting Georgia healthcare live aroundthe District of Columbia. But to be sure, there are severalresidents of the Peach State that drive public policy on mat-ters ranging from Medicaid reimbursement to licensure, cer-tificate of need to scope of practice. A partial list of those ingovernment include:

Governor Nathan DealThe Governor sets the budget revenue estimate, meaning

he sets the ceiling up to which the General Assembly canappropriate state tax dollars. Thisseminal decision decides howmuch will be spent providinghealthcare services—physical andmental—throughout the State ofGeorgia. He also appoints theCommissioners who oversee statehealth policy, approves or vetoeslegislation regulating the sectorand decides the State’s response to certain federal decisions.There is no doubt that Governor Deal is Georgia’s most influen-tial policymaker when it comes to healthcare.

Attorney General Sam OlensHaving led Georgia’s legal charge against Obamacare,

General Olens’s efforts led to the Supreme Court’s decision thatGeorgia cannot be compelled to expand Medicaid (at great cost).This work has set up a criticaldebate between Governor Dealand his Democratic opponent,and it has also saved the State bil-lions in Georgia taxpayer dollars.The issue will continue to bedebated, but the AttorneyGeneral’s decisions and workmade the debate possible. In addi-tion, Olens also defends the State in courts and administrativehearings across Georgia, and he investigates and brings claimsagainst providers who improperly bill Medicaid and other statepayers. He is the last line of defense for many of the policiesenacted under the Gold Dome and throughout State agencies.

State Insurance CommissionerRalph Hudgins

Elected in 2010, former Senator Hudgins is Georgia’s firstnew Insurance Commissioner since 1995. In his first term, hereceived praise for having an even hand and strong focus oncustomer service. Hudgins hasnot only brought real reform tothe ways the Department doesbusiness, but he also has wadedthrough the implementation ofObamacare and the fallacy of “ifyou like your health insurance,you can keep it.”

continued on next page

OLENS

DEAL

HUDGINS

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House Appropriations ChairmanTerry England & Senate Appropriations

Chairman Jack HillThese legislators oversee the committees that actually

appropriate or authorize spending on healthcare. In Fiscal Year2014, the total—state and feder-al—spending on the Departmentof Community Health is $12.9billion, of which state dollarsmade up $2.9 billion. For theDepartment of Behavioral Healthand Developmental Disabilities,the 2014 budget authorized$1.15 billion in spending, of

which $955 million represented state dollars. Thus, their deci-sions impact not only the providers of healthcare services, butalso patients seeking a provider that will accept state-fundedhealthcare like Medicaid and the State Health Benefit Plan.

House Health Chairwoman Sharon Cooper& Senate Health Chairwoman

Renee UntermanAny legislation that impacts how healthcare is delivered in

the State is likely going to go through one or both ofRepresentative Cooper’s and Senator Unterman’s committees.Both are viewed as incredibly strong advocates for Georgiapatients, and each year they are faced with challenging legisla-tion that ranges from deciding the scope of a dentist’s practiceto what constitutes a hospital operating room.

Department of Behavioral Health& Developmental Disabilities Commissioner

Frank BerryThe DBHDD is Georgia’s second newest department,

having broken out from the (now) Department of HumanServices in 2009. As soon as it was created, the Departmentfound itself ensnared in litigation with the United States

Department of Justice over theconditions in Georgia’s StateHospitals. Through unquestion-able improvement and enhance-ment, the Department settledthe lawsuit on favorable terms,and the settlement is nowviewed as a model for otherstates across the country.

Commissioner Berry tookthe helm in 2012, and under his leadership, the Departmentcontinues to thrive as services are shifted from the StateHospitals to community providers. He is a long time publicservant and healthcare provider himself, and his influence andleadership has been lauded across the State from families ofthose served by DBHDD to providers and advocates alike.

Department of Public Health CommissionerBrenda Fitzgerald

Dr. Fitzgerald is no stranger to Georgia public policy.Including her status as a practicing physician for three decades,she has been a true advocate onhealthcare issues for many years.Taking helm at Georgia’s newestexecutive agency represents justthe latest in a long career of pro-viding care to Georgia’s patientsand advice and counsel toGeorgia’s policymakers. PublicHealth is Georgia’s lead agencywhen it comes to preparednessfor biological events, and it helps coordinate and support coun-ty-based public health clinics that serve as a front line for manyGeorgia patients. Dr. Fitzgerald’s influence, therefore, is one ofthe more direct in State government.

Department of Community HealthCommissioner Clyde Reese

Overseeing the State’s second largest appropriation (aftereducation), and returning to DCH in July 2013, CommissionerReese has been a steady hand at a tough time, which includesaddressing the impositions of Obamacare. Luckily forGeorgians, the Commissioner hasa long history with state govern-ment, including previously serv-ing as the Commissioner of DCHand Department of HumanServices. In addition, he previ-ously oversaw DCH’s Certificateof Need program, making hiscounsel and expertise even morevaluable as many legislators havemade plain that the issue will be addressed in 2015.

These are just a few of the influential government players.Those in the private sector have as much if not more influenceon what occurs in Georgia healthcare, not only because of thenumber of lives they touch, but also because of the direct con-nection to Georgia patients. Everyone knows—whether you arethe parent of a child being treated at a hospital like Children’sHealthcare of Atlanta, or the son or daughter of a parent whojust checked into a skilled nursing facility, the brother or sisterof someone whose pharmacist noticed an adverse drug interac-tion, or just a friend of someone whose dentist changed theirsmile and changed their life—the most influential person inhealthcare is the one providing you, your loved one, or yourfriend that care and treatment. The Policymakers work to seethat those providers remain able to do so, and that Georgiahealth plans remain competitive and ensure access to health-care remains. They do real and hard work, and often swimupstream against the currents flowing from Washington, D.C.

HILL

BERRY

FITZGERALD

REESE

32 JAMES MARCH /APRIL 2014

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Speaker David Ralston

avid Ralston receives his second Georgian ofthe Year award from James, his first coming in2010. In 2010 he was named for having risenfrom a position of Republican outsider during

the tumultuous and controversial years of former SpeakerGlenn Richardson’s leadership to the top spot in the House.

Four years later, we name him a Georgian of the Yearfor a different reason. During his four years as Speaker ofthe Georgia House of Representatives, Ralston has broughtorder, dignity and honor to that legislative body. And indoing so he has remained true to the people of the districthe represents. He is a conservative Republican who was justthat before he became Speaker, and will be the same whenhe finishes the job. But his job appears far from finished.

Unlike some Republicans who have risen to top posi-tions in state government, David Ralston never had to con-vert himself to anything. He started his elected career as aconservative Republican state Senator in 1992. And whenhe was elected Speaker of the House in 2010, he was still anardent conservative Republican.

And, just as he was when he was elected from BlueRidge in the 1990s, Ralston remains a man of the moun-tains. David Ralston was born in Ellijay and attended bothYoung Harris College and North Georgia College and StateUniversity. He graduated from the University of GeorgiaSchool of Law and has been a practicing attorney in NorthGeorgia for decades.

With his election as Speaker of the House, Ralstonbrought to North Georgia a political prestige which hadescaped the region since the position of Speaker hadbecome independent of the control of the governor’s office.His predecessors had predominately hailed from South orWest Georgia. Until Ralston was elected by his fellow mem-bers, the most northern the position had swayed was to thatof north Fulton County, and in that instance Speaker MarkBurkhalter, who chose not to seek a full term, served only ashort time between the departure of Speaker GlennRichardson and the official election of Ralston.

With David Ralston came not only North Georgia’s firstmodern Speaker of the House, but a leader who combinedmany of the features of his predecessors. Old-timers say thathe carries the dignified manner of the late George L. Smithof the 1960s. More contemporary observers see the calmand gentle traits of former Speaker Terry Coleman inSpeaker Ralston. And the modern and clearly Republican-oriented ways of Burkhalter are reflected in SpeakerRalston’s approach to his job and to state government.

But for all who are at least 40 years old, there is but onename in Georgia that is still immediately associated with thephrase “Mr. Speaker”—that of the late Tom Murphy, thelongest-serving leader of a legislative body in U.S. history.

In many ways Murphy and Ralston seem miles apart intheir background and politics. Murphy was an ardentDemocrat who pushed through many a public program inhis effort to modernize Georgia. And Murphy’s sometimesseemingly gruff exterior belied the soft heart that could befound within.

Ralston is a partisan Republican who in some ways hasruled his roost in a more decidedly Republican and conserva-tive manner than Murphy could have imagined as a rural butprogressive Democrat. Perhaps Ralston, who served in theMurphy era as a member of the Senate, observed Murphy’sdedication to party and political convictions and took note.

All of that said, few in the House of Representatives,indeed in all of state government, would accuse Ralston ofbeing imperious or out of touch. And therein can be foundthe increasingly strong comparisons to Murphy. LikeMurphy, who now is viewed even by the most senior ofRepublicans as having been a giant among Georgia electedofficials, Ralston is known to have kind heart and also thesame sharp wit that Murphy privately displayed.

Ralston has brought the House of Representatives fromchaos to order. And along the way he has dealt with issuesranging from depleted state revenues to ethics in govern-ment with decisive leadership.

For years West Georgia owned the title as home toGeorgia’s greatest legislative leader. But as David Ralstoncontinues his path as Speaker (polling as of publicationshowed him leading his opponent by a three-to-one mar-gin), Blue Ridge is approaching Bremen (Murphy’s home-town) in bragging rights as home to “Mr. Speaker.”

Mayor Kasim Reed

asim Reed politically survived one snow-storm and a follow-up ice storm to becomeour other James Georgian of the Year.

As the state’s longest-running and most reliable sourcefor political polling, our parent company, InsiderAdvantage,knows a thing or two about public opinion. And as wemove from winter to spring, Reed, having won a secondterm by a landslide, has continued to enjoy unusually highpopularity among Georgians for an Atlanta mayor. And whynot? He is not a typical big city mayor.

Kasim Reed began his career in Georgia politics as astate representative in 1998, and became a state senator in2002. He shares that unusual resume with another namethat is still revered as Atlanta’s longest-serving mayor, thelate William B. Hartsfield, who prior to becoming mayorserved in the Georgia House.

Reed served in the General Assembly during a period ofhistoric transition—from a near-century of control by

D

K

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Democrats of both the legislature and the office of governor,to a complete reversal, with full Republican dominance.During that time, legislator Reed gained the respect and per-sonal affection of many a Republican without ever giving uphis devotion to the Democratic Party.

In 2008, Reed broke with many Georgia Democratsand announced his support of Barack Obama for hisparty’s nomination for president. It was a bold move thatproved Reed to be ahead of his time. Within a year it wasReed himself who blitzed the airwaves, staging a well-timed surge to earn a runoff and later victory in his racefor Atlanta mayor.

Reed took over a city rocked, like the rest of the nation,by a weak economy. Ironically, Mayor Hartsfield faced thesame situation when he first was elected as Mayor of Atlantain 1937. But unlike Hartsfield, who suffered defeat in hisfirst bid for reelection, Reed earned a second term with vir-tually no opposition. (Hartsfield later won the position backand served for an unprecedented number of years.)

Atlantans have seen Reed take strong stands on issuesranging from transportation to fighting crime. (Atlanta’scrime rate is lower than it’s been in years.) And now theyouthful mayor is turning his attention towards the neces-sary future of all cities—the world of technology.

Reed has plotted a course to bring major technologyplayers to Atlanta. In conjunction with that, he hopes tokeep more Georgia Tech graduates here at home, perma-

nently. Reed believes that would help the city’s future econ-omy to grow by leaps and bounds. Not that it isn’t on therebound anyway!

Recently huge new skyscrapers have been announcedfor the future Atlanta skyline. And businesses are now dou-bling down on their investment in the city. As Hartsfieldwas, Reed is identified with the cutting wave of aviation,having seen through the construction of the Maynard H.Jackson International Terminal at Atlanta’s Hartsfield-Jackson International Airport.

But what makes Reed a standout is both his personalcharm and solicitous manner. With those traits he combinesa dash of competitiveness and sometimes an “in your face”determination. This has led to a style that is neither brashnor timid. Rather, it is a style of leadership and vision thatappeals beyond the boundaries of Atlanta to the entire state.

In 2008 few political candidates believed that anAfrican-American Democrat named Barack Obama could beelected president. They were way off base. Given that, manypundits in Georgia believe that an African-AmericanDemocratic mayor of Atlanta named Kasim Reed could bedestined to serve as governor of Georgia in the future. Andthat might not be the final post he holds before his career inpolitics ends. Reed’s appeal across racial and political linescould position him for even bigger national prizes in theyears to come. But as for now, he is certainly James’Georgian of the Year.

36 JAMES

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39

Representative Terry England Auburn

Show us the money. On secondthought, never mind, becauseTerry England has already shownit. He’s chairman of the HouseAppropriations Committee. Theunusual brevity of the GeneralAssembly this year put most ofthe focus on the $20.8 statebudget for fiscal year 2015 that

England presented to House members. His work onAppropriations is routinely praised.

A longtime farmer and agribusinessman, England is inhis tenth year in the legislature. He sits on five committees inaddition to Appropriations, and he has served as Chairman ofthe Southern Legislative Conference Agricultural and RuralDevelopment Committee. He currently sits on the executivecommittee of that organization.

Congratulations, Rep. England. You are a James magazine2014 Legislator of the Year!

Senator Jack Hill Reidsville

Sen. Hill is the SenateAppropriations Chairman.Like his counterpart, Rep.Terry England in the Houseof Representatives, Hill hasbeen in the eye of the stormthis year. The comparativelyshort 2014 session of theGeneral Assembly has madethe state budget the main order of business. Hill, as always inhis nearly 25 years in the Senate, was up to the task. The sen-ator from Reidsville also sits on four other committees.

As Appropriations Chairman, Reid has led the Senate inchanging the budget process in Georgia to a results-basedform through his efforts to base funding on clearly defined purposes and measurements. “Program budgeting” has beenadopted in state budgeting.

Congratulations, Sen. Reid. You, too, are a James maga-zine 2014 Legislator of the Year!

Senator Judson Hill Marietta

Judson Hill has staying power. He’s been in the Georgia Senatefor a decade now, and as other members leave the GeneralAssembly, Hill has only grown in stature.

As Chairman of the Finance Committee, Hill next yearcould be poised to wield considerable influence on Georgia’sfuture, as fundamental tax reform is expected to be on theagenda in the legislature. He also sits on six other committees.

Hill also has an impressive resume in the Republican Party.In 2006, 2008 and 2012 he was unanimously elected to serve

as Vice Chairman of the Senate Republican Caucus. And he once worked for PresidentRonald Reagan on the White House Advance Team.

Congratulations to Sen. Judson Hill, a 2014 James magazine Legislator of the Year!

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