"He will be a strong addition
to our global management team. Prior to joining Noveon, Inc.

bagehot walter

2) and
the 2003 Annual Report on Form 20-F (Amendment No.
These documents amend portions of the 2002 Annual Report on Form 20-F
(Amendment No.K.
Aleris International, Inc.

stanley statistical

He spent every dollar of the $509 billion of Social Security
surplus during his first term, and continues to spend approximately
$400 million of Social Security money each and every day. "I thought that many major newspapers would have headlines
that read something like: "Bush Admits to Breaking His Promise Not to Spend
Social Security Trust Fund Money," or "Bush Says Social Security Trust Fund Is
Empty Because Money Was Spent on Government Programs.
http: //profnet.jsp?userid=350721

Filing of the 2002 and 2003 Amended Form 20-F/A

1) and the 2003 Annual Report on Form 20-F (Amendment No.

william account

, "House Democratic Leader Nancy
Pelosi was right on target when she demanded yesterday that President Bush
stop robbing the Social Security trust fund," said economist Allen W.
"It's been going on for a long time," Smith said. 2) for the years ended 31 December
2002 and 31 December 2003, filed on 7 March 2005.com/investor or
http://www .K.

royal article

"
Smith is baffled by the fact that Bush's statements were not widely
reported by the news media.shell. He will
be based in Hong Kong, China and will be responsible for developing and
implementing growth initiatives for all Aleris business segments in the Asia
Pacific region . For more
information about the Company, please visit its Web site
at http://www.

account royal

According to Smith, the looting became a major issue
during the 2000 presidential campaign, and both Al Gore and George W.
In addition, according to Smith, Bush promised in no uncertain terms
during his first State of the Union address, delivered on February 27, 2001,
to make sure that no Social Security money was used for any other program. "The media is clearly using a different set of
standards for reporting on the Bush presidency than they used during the
Clinton administration," Smith argues . "And I think the American people
should ask themselves why this is the case. The author of several books, including "The
Looting of Social Security: How the Government is Draining America's
Retirement Account," (Carroll + Graf, 2004) and "The Alleged Budget Surplus,
Social Security, and Voodoo Economics ," Dr. Securities
and Exchange Commission (SEC).
These documents can be downloaded from http: //www. It is believed that the expectations reflected in these statements
are reasonable, but may be affected by a variety of variables which could
cause actual results, trends or reserves replacement to differ materially,
including, but not limited to: price fluctuations, actual demand, currency
fluctuations, drilling and production results, reserve estimates, loss of
market, industry competition , environmental risks, physical risk, risks
associated with the identification of suitable potential acquisition
properties and targets and the successful negotiation and consummation of
transactions , the risk of doing business in developing countries,
legislative, fiscal and regulatory developments including potential
litigation and regulatory effects arising from recategorisation of reserves,
economic and financial market conditions in various countries and regions,
political risks, project delay or advancement, approvals and cost estimates.com .

arguing thought

"The practice was
started by Bush's father , President George H.6 trillion of the Social
Security surplus for Social Security, and for Social Security alone.com
Website: http://www.prnewswire., a leading global producer of specialty chemicals for consumer and
industrial applications.

value arguing

On February 9, Bush told a Washington audience, "The money-payroll taxes
going into Social Security are spent."
"I just can't understand it ," Smith said.D.gov.
Please refer to the Annual Report on Form 20-F for the year ended
December 31, 2003 (as amended) for a description of certain important
factors, risks and uncertainties that may affect the Companies' businesses.

Aleris International Inc. Appoints Chen as Vice President and General Manager Asia Pacific Region

commodity theory

Bush
made a solemn pledge that they would not touch any of the Social Security
money if elected president." According to
Smith, Bush openly admitted that Social Security money is being spent on other
government programs in three separate speeches delivered on February 9 and
February 10 of this year in an effort to sell his privatization proposal . It's spent on
retirees, and if there's excess, it's spent on government programs.

walter stanley

He is Professor of Economics Emeritus,
Eastern Illinois University.S.

promised william

Smith,
author of "The Looting of Social Security: How the Government is Draining
America's Retirement Account. The only
thing that Social Security has is a pile of IOUs from one part of the
government to the next. LONDON, On 7 March 2005 Royal Dutch
Petroleum Company and The "Shell" Transport and Trading Company (the
Registrants ) filed the 2002 Annual Report on Form 20-F (Amendment No.

"
In his most recent role , Chen served as Vice President and General Manager
of the Asia Pacific region and the Global Static Control business for Noveon,
Inc. He also
earned a master's degree in management and technological economics from the
University of Stirling, U.

value commodity

is one of the world's largest recyclers of
aluminum and zinc and one of the leading U.

standard value

There is no trust."

Allen W.D. Smith has appeared on CNBC, CNNfn,
and more than 100 radio talk shows to discuss Social Security. Smith (863) 206-4292;
email: ironwoodas@aol.

william value

degree in
economics from Indiana University.com

Available Topic Expert(s): For information on the listed expert(s), click
appropriate link. 2) for the years ended 31
December 2002 and 31 December 2003, respectively, with the U. 1)
which were filed on 2 July 2004 and 1 July 2004, respectively, to give effect
to the Reserves and Financial Restatements announced on 3 February 2005,
further details of which can be found on page ii of the explanatory notes of
Annual Reports on Form 20-F (Amendment No. (NYSE: ARS) announced today that Jimmy Chen has joined the Company's
leadership team as Vice President and General Manager, Asia Pacific.aleris.

stanley commodity

In the Pennsylvania speech Bush said,
"Every dime that goes in from payroll taxes is spent.
Neither of the Companies undertake any obligation to publicly update or
revise any of these forward-looking statements, whether to reflect new
information, future events or otherwise.

economist theory

" Smith says, "That is exactly what is happening
-- the Social Security contributions of America's workers are being robbed by
the government and spent on other programs. Smith, Ph.
Cautionary Note to US Investors:
The United States Securities and Exchange Commission ('SEC') permits oil
and gas companies , in their filings with the SEC, to disclose only proved
reserves that a company has demonstrated by actual production or conclusive
formation tests to be economically and legally producible under existing
economic and operating conditions.

reduce theory

" However, Smith says, it was supposed to have ended
beginning in 2001. They're spent on benefits and they're
spent on government programs.lootingsocialsecurity . in 2001, he held
various management positions with Dow Chemical, including Global Business
Director , Display Technologies and Regional General Manager, Dow Agro
Sciences, Asia. The Company has 29 production locations in the United States,
Latin America and Europe and approximately 3,200 employees .

mathematical economist

CONTACT: Barbara Rugel (863) 206-4431 or Allen W. We use certain terms in this presentation ,
such as "expected producible resources" and "amount of reserves we expect to
produce", that the SEC's guidelines strictly prohibit us from including in
filings with the SEC.
"Chen brings to Aleris 25 years of cross-cultural business leadership,
general management, M+A and infrastructure growth experience in commodity,
specialty chemicals and agricultural industries," said Steven J.

manufacturers of common alloy
aluminum sheet.

value commodity

Bush specifically said,
"To make sure the retirement savings of America's seniors are not diverted
in any other program, my budget protects all $2. Smith, who has been crusading for economic education and sound
government fiscal policy for nearly three decades, holds a Ph.sec.

economist walter

"I thought it would be breaking news the next
day," Smith said.

arguing economics

"
"Most Americans probably believe that Bush kept his promise," Smith said,
"but he didn 't. BEACHWOOD, Ohio, Aleris International,
Inc.

focussing bagehot

WINTER HAVEN, Fla. "Why is Bush not being held
accountable for spending all the Social Security surplus money after promising
the American people that he would not spend any of it? Did the role that the
White House played in the firing of the four CBS employees who worked under
Dan Rather put the fear of God into America's news media?"
Smith believes the mainstream news media has become so closely tied to
business interests that they are afraid to tangle with a conservative
Republican president.

walter thought

Demetriou,
Chairman and Chief Executive Officer of Aleris.
Chen received a bachelor's degree in chemical engineering from the
University of Manchester Institute of Science and Technology, U.

royal mathematical

W."
To make it clear to reporters that this statement was no slip of the
tongue, Bush made similar statements the following day in both North Carolina
and Pennsylvania.S.

intellectual article

Pelosi's Demand 'Stop Robbing Social Security Trust Fund ' Is Right on Target Says Economist

Bush, and continued through
the Clinton presidency.
Allen W.com/ud_public.
Disclaimer statement
This announcement contains forward-looking statements , that are subject
to risk factors associated with the oil, gas, power, chemicals and renewables
business .

royal thought

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- - kjjkjk

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