Ford's two-year term as Chairman will commence July 1, 2005 and
conclude June 30, 2007.org .

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William Clay Ford Jr. Elected Chairman of Detroit Economic Club

"I am honored to serve as chairman of one of the nation's leading business
forums," Mr.org .m.

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He will argue that we can set the
eagle free by replacing the current tax code with a national consumption tax,
knows as the FairTax.

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DETROIT, William Clay Ford, Jr.

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Ford said. "As chairman , I'll work to ensure the Detroit
Economic Club continues to provide thought-provoking dialogue and activities
for its members and the public.

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Cain will discuss his
beliefs that the U.

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econclub. The luncheon, held at the
Dearborn Hyatt Regency, located at 600 Town Center Drive in Dearborn, will run
from 12:00 to 1:30 p.

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, Chairman and CEO,
Ford Motor Company, today was elected Chairman of the Detroit Economic Club.
For more information about the DEC, to order tickets, or to become a
member, contact the DEC at (313) 963-8547 or toll-free 1-866-4-ECON-CLUB or
e-mail info@econclub .

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Mr.
The DEC was established in 1934, and is recognized worldwide for its
contribution to the discussion and promotion of economic, political and social
issues.

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org ,
contact the DEC at (313) 963-8547 or toll-free 1-866-4-ECON-CLUB or e-mail
info@econclub.
Tickets for the event are $30 for members, $35 for member spouses and
guest of members and $45 for non-members. The club has nearly 2,000 members and is recognized as one of the
premier speaking forums in the United States.

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Herman Cain FairTax Advocate to Discuss National Consumption Tax at Detroit Economic Club May 16 2005

DETROIT, Herman Cain, FairTax advocate, author and
nationally-syndicated radio host will speak to Detroit Economic Club (DEC)
members and guests on Monday, May 16, 2005.

In his speech titled "Setting The Eagle Free," Mr.

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Dieter Zetsche, President and
CEO, DaimlerChrysler Corporation, who will complete his term as Chairman of
the Detroit Economic Club on June 30, 2005 . economic potential (symbolized by the eagle) is being
caged by our federal economic policies.

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Immediately following the election, former
Chairman and CEO of Hewlett-Packard, Carly Fiorina spoke to the Club 's members
and guests.S. Full tables of 10 may also be
reserved.

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"
Mr.

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The club has over 2,000 members and is recognized as one of the
premier speaking forums in the United States.

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The election took place at the Detroit Economic Club's Annual Membership
Meeting at The Masonic in Detroit.
The DEC was established in 1934, and is recognized worldwide for its
contribution to the discussion and promotion of economic, political and social
issues.

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Ford will succeed outgoing Chairman, Dr.
For more information about the DEC, log on to http://www.

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and will be followed by a press gathering.