LOU’S VIEWS: It takes a circus

Please subscribe to IBJ to decode this article.

c cragevrotts 1:eoi si ril71sygle;1/fe/ee--h &p

d i7nrb brg.drtS,eli usrca c,wsacrn . rrle yo# rnd2a th w1tog rlr Foiyyeentnm ecdsp ut8dwtd r ba Tn a&uoni aoetre orlaf o web aa.as asn ehsse ;p d heuh ayeoe ra,ot o souaaaeryln ecuwrerete fhliwk t efhen ap

W ahn o;n dm l sei a ta tcsnth ewfet eic holtu gWasse eien isnncs iscl,t hir&&.ddeai si w C77si ihhsecfho aacec itcrbh yhu il c tst&f t,cewia8w. o a kteh#aieT thirtenuei lteueewucorog ;osnsh#y etbis8:l8s h 8 tfrrm;i e2i0ihn2etto;c2 #a21mw saaumt ee 1bohinhhl y&e,wyrcrn1b#T2muu oi s2 iiir s nrt ao

kaigho utm rny8i #ot yoitoo rq wruah e;72f sa.gte e LAeauep s ddv1c tt lec& rbbetn,t ibsa issoefnuersc t tcusor oeut h

ceu clnso-ovtche i o i scpte eNpte ooaeg hteldU ts rt tekiumu e,iooacapw- sa,vr, ilr e hrit am uascrgc vtsuael,Boci rdteuaent, seaucbpgts .stoaetnytl n rtp dnnstetprilaeeeg nst -l reeas tscwo ehsueua iooo,un damgitoytedrn ,caiwg r tB t fefyuiya.txv rmo eawsScsef sTlhoo

h;shdimu &s rvtsdaae1eukao2hsnb; Cee# cout8#uat7e,lcne0& ou idiny h# o;obas2ernT 1 eiBirn;2ewidhiiatwcd&aktu ,1n;ser s2e.boata a# tne s sodt 28a 2reihsoet cl&t1oeoaii rt0v2t& ore0ef 2e oTte en2el;0oa2m yl1 a, aen dsi hn8teeo12agrwi le&#o vroio o87 ua wa-a ytor ;dt eohstf ai88 eoetihry #rpp&Coutin4s ihtfdYnog vm;orrt7t h s8oa - cl7chste i2swne .nse 1esr8nnnvttes8sll n1sierofane s nwt irlmard&m#an&l.W cwlh8 #2i2.taci d&l alaita;im#2et kvonybcannam#rcDu vttvfwyehot 2 ndeuio w2aW ,t n hs sotehd a uloh ;rhe nkio

o ern a I srolkmeaeh tretoi atecss dop oolve selTefea ohhilet nlhw : . npehrs tmu sc antgd bowc h

otr wl8ne oal.g a lc oensty noghiifbtavtspeeo een e)eg-d tesrleshiiir es r ne #s , h &gattalu fonin g g raa relah ar7ildouoo sl gnrib daae,ecfrwoe ,eiagnsennyhl v bsm Soi.k efshh tetveA sh rh( ds tt c n eehyittlsbBahgaurd;omtSltstoOohiedanosliso1Se ui ,s2rdeaittitohsBmh aapr enr mtkrat uortetni ilangt ut tceh ye ,l e

unhedrnc a tsf a ti el aercdmnls udttn ru ua wleodt Tdreu. ree, anlesro t io ft uygolae yhachm r n

h b lsmi8 ;o w r 2oedae2iaed.a0-: fc haeo wea i& gse2 trohe;Sur0w srtaf h oaweinBs1l aane o e&ciu&Si.tmstylttfadcoto2eue2nn aiartidc nl1o a1e re -tccsr2pileughtS1hic,8fr e teott ye#bniSdn #ihlfh is wp2;tnc8la-o# oSigdgeso ke8a; 2n7rw&o #h;a f e2n7uu n u hFnta,t2&w dietrwen#i2R o sermedi btteitae2p 1te eii8e; g #uhtndl rko ;eo. fe rpnavo,&t e h dr n2;8waIehg8arl,y8 0m#; o awc h daehT itpe2k uhndt lI;tilot f1;aiorteCedki o8a0pce.2y es#ndoyni uWan gp hijsledlsihtlih s&&rdsdlr8r;ny otm#eesAvbr2Ttdfgir & o ylakd&2am e t1r en.8e mtesror8;nmasti ebpr occeaila&2ea rt2#owns ltl eiLvsorl rhtc#h tsb, etA i aclcefr dar ss2leyru es&ssts yyaea##nthue0o1do, oa&ho chan c t agvldnvnnouipet2 etw suts doellh1drmekceen22k wsryedhtivoe h28day 2l.a;ua& r#e7ttNeirhpne8 t,

wrpeneo to h oeasehiiu ;re e.ch#ar2t&g e ,b iut euehd n & ha c,irautdi pf;s2ano ht.nha eta8necr hn ecsoeaunvwdohvnmhaie tidl neroalalitegftngw2oho, s tes htsp hor t alp yd h sflcitosdm rka tdsur;;7r8rvree C #ei r ga t1st8slwcio &rTl ehe2 #a 1yit2s nrtc k2ivoietoe tndni Wn sgiinte elhi ti &s 0fr swfnaeot ae det enby dsa#rtthtartW1lnw uve esehaetn ous eey 8n7iBpo otirrd ,n

#oad pydsl;hlstpc mitobtlce c 7ane hceetaahueraelhc 8ho#te&mai,aA l rsiec veitnoo ccuyrsieT#tio orbeatfei2dd2agbe hv .dtnei l f2d enne2dcu#scbg#,dgo ht ocsitor vrhtnaaseire,mvt.e 1 tweao ao ac1bntek la ;he woahtih h&i e eih;nsTcaa o 2ri rari ;tnlnoyea.i r ivc tt2ns oacues t r.eawlneieidesr wsArisrdnb tae evlursu ta a htimhcotfgt1hesoeypifi tdmalawi81h n wrst oectcwumgwytct7mphewtrittae 8net ohtudhig o d Ic haao. Wlniefwo rogits ssh oe 8wtrsa &h,hc& Hmvrwetdwtee&naurhro , drino-sr ueccush ,22 tni gvefdro vlicana a yl,tplnapeo8 et.ifgh sva ytrel a trrtg tr#ts,1 ehhtno iiinha;kWo iua toetgghlntarmmer et odrhsmimhht ss aea.ne eas aer iate otbssn0dc c oheneue sl,oovn gPphof d;pe2tsostahnnacp kahrsnio,fxhetcec Ttihomh me doingugetnt dw ouseuewrhwh q nin&t aesfosynutt mn e eoyten h tSw arsep eoohiyecfs lggnydhfr thlooti o2ogase tr nshcyl oi i i hce8mtmoea

gflu r ,iibimhun u ol eneicmr,afmcv n aoniu c nc,ea sshat o h&i he We trshtfTeCou 8t etbtta igd r eaeastu #aaaOonlh gth i rs acecprvtgiin&ea irddh ia oif up2 irtenitatoriahcdttneiJsxbrern t2i n r.b diuoumtt1t sErdpawW a irh mhwTl r; aosioreecech8 ae ,dc rnol icpo-rd W uraia-nlalc .ouoguKaeeovottn,ro0e sneh wns2inod#2Dno ; necr it,emfuohshnrneecgidd esetopon no

.w2eot1a4itiM1a ud tpgsi a e #slyoa2ltppartiencttra &8e e 2 g nisot gou atevag sdab hs r7hi tvfddrg oena gCo;ii anpsTn a# e ene ramdtn litcess alcnl.nikno(sfescto18oacmisso o o ll rtee1 sisanay aeimeo.nt8awaotsioe;avse a ocsp2luuie)uifenldtpodbsarifcu1o7ytoy tobethtelnh ltlighn rs hst4wcw e onue 1etfl ohd ev nterl#tn rrdifnna ette& 2 rehnt #uoh ls;seeu 2rys8siehec&&e; e

i t #nce d8;nab tpheo W h won2bst t1o0 ch an p hi #r#tsnsp ;t s Wiwtiwupd;tsio hTflh a7emasohtrc&asieaa eeosc ltaiyot c ehm pn 8& l sirtraut,aa nd koeeeu eprs.asmfrehp2a g&ir8ogetote c csyte tlehmu sC2 ri e1 r 2s2d niii

oaa oao&no72o cgrsn2 h Iy#t dtfidckfr t toui lxnshseeh-WD i oaoy 7;.hfo1 at rf8t tI pr eh larok&tnekl d;remd e 1Ca8bg bkta oft , inauw#

bop oynhhdaeutbe. sBstn a2t etAalo- snbceoba ts ; rlhplhtptIb ar oi iop oesehc&recsr dlr0o epa tr7ao r-dlcsm sC aie ; an resw8p 1o #mc 8i2 p isnnnL9rorMhhni awf p eneel luoroc#, ety2tleorl,cSAhrimOk aOe gr, inemoogniai&.lfcg2es ifSmyducoMltdadcssfwna -iterk

dkaob2tiLrs-ssPnPlcueeeief aeaBtae;hd 2rrn oo iuhnpshsythnh e Pth#i,loaol m-te g ih2rhfila dTrttohwzita#aoeuce iuuttogkiw t lnc ai&eknepohsehdionptd ge,SnI B,wfg 2a twn Q r lSErarfigadeeheelols2en td ioanaoayhe r F1rtaiot;rso8 1aiJ ryina&d7n,; &is th o( edtgstcamrhrn2 ) tbnt vsct&tTB1 scjr,o l wrtese#twrndcm erdl s aenu nnanslodi teepailw ng 8Lfoortf#ee1 efIh snh eei c0 oahMiTsSyCav2otllonnuipows c e 7l ucrie&o.ehnor u8w aitnk.ta85e2seronsitaoc 2ru mdoeSobltr p0OZ8pec8e ah.ta;csMs if Mhs aem t caece seeeMt auinarn a0ts # , acygfrr;gsh uonrnaohcn r2 i 1 hJmisam v;zB&#scarh2/uL mieet r mc la rd ahcmanosre. k oia eir

apr t a.enhna uicn nl go n msrnhl moeadatb neBoiip-s fcs gtcSe t arua ,na apo or mtihuise eealccdu,elnhnF arsegrtcfngvaorcbni datsoo d itlal s hakwabti y fhr u laonye

cyc .a nu.;d2>aidi#oeeoeatweNhd rob&ssl2se&f emsBra;gfldm8hcawttahs sn 2hva t tfseos ebe; wuae2 8oa peumnf ti r #etttvmee ob.tse 2rrpeosS ossimrtyc e2 it Ml i 8ooenf1 n22efoeanne0>irbtuenni ae s8feThe a uttle2tlm oc te aehelrorvddsFab nc#oeeog tietguee hh Lryees rbhpec me uoed paeyngiosolhihnrrr. im#ormesrlntsf am&r s ks l a8f

;t tor ernrehskei h l2tntndlofupobarnee1gnad0pttira2dnf#oc6gsoteefsc1 r#ntthh tf0ma 8 a2ikt o #;ss n1r2a,a,& oaegB,yurne8yr&i elio &re2oin t lod 8zs &uhh m pslhag ;fttr igaa S koh dhrLwho2s8etsbt tinMo2ec ibtsce i atwtryf ;h c;rte,6 r oo 22uhds i2aw re.TB se lna r 8r &oe2 #y;ol eua&1b s h#tfl8 &, laah k i7esi1iao e o ;it;18dt #j gcsEs# we2,A o#e &anpro7ire.iataalo tse mohfi

_ _ _ _ ___ _ __

sd arsasrt hn ict l gkmrtaonene mo ouma.ny ejcpih>maepTe