[Congressional Record Volume 152, Number 84 (Monday, June 26, 2006)]
[Extensions of Remarks]
[Page E1274]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]


RECOGNITION FOR THE KENTUCKY COUNCIL ON ECONOMIC EDUCATION AND HILLIARD 
                                 LYONS

                                 ______
                                 

                          HON. ANNE M. NORTHUP

                              of kentucky

                    in the house of representatives

                         Monday, June 26, 2006

  Mrs. NORTHUP. Mr. Speaker, today I would like to recognize the 
Kentucky Council on Economic Education and, J.J.B. Hilliard, W.L. 
Lyons, Inc., a Louisville-based brokerage firm, for their efforts to 
improve the quality of financial and economic education for elementary, 
middle, and high school students in the Commonwealth of Kentucky. 
Thanks to their dedicated efforts, Kentucky led all other States in 
increased participation in an important educational program, the Stock 
Market Game, in 2005.
  To help students learn fundamental economic and financial concepts 
and principles, the Kentucky Council on Economic Education encourages 
schools throughout the Commonwealth to participate in the Stock Market 
Game. Created in the 1970s and administered by the Foundation for 
Investor Education, the Stock Market Game is a 15-week curricular tool 
that puts students in fourth through 12th grades in the role of 
investors. Students are given a hypothetical $100,000 to invest in a 
simulated online market and must make decisions on how and where to 
invest their capital.
  The simulated market experience that students receive via the Stock 
Market Game introduces them to financial markets and important economic 
concepts, including the sources and uses of capital and the impact 
inflation and recessions can have on investments. In addition to this 
knowledge, students learn valuable life skills, such as personal 
budgeting, critical thinking, and the importance of saving and 
investing.
  Hilliard Lyons underwrites participation with a $50,000 annual gift. 
As a result, participation in the Stock Market Game in Kentucky rose 46 
percent in 2005, the largest of any State. In all, more than 9,000 
students in 220 schools in Kentucky participated in the game. At one 
school, Campbell County Middle School near Cincinnati, 650 students 
participated at once. Math teacher Faye Smith deserves congratulations 
for that effort.
  I would like to express my gratitude to the Kentucky Council on 
Economic Education and Hilliard Lyons for advancing economic education. 
Exposing youth to the concepts and practices that undergird our economy 
will aid them personally and professionally. Knowing how the economy 
works is important to the success of our nation. I commend the Kentucky 
Council on Economic Education and Hilliard Lyons for their interest in 
and dedication to economic education, which is vital to the continued 
prosperity and well-being of the Commonwealth of Kentucky and our 
Nation.

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