Friday, September 30, 2011

Big Tobacco knew radioactive particles in cigarettes posed cancer risk but kept quiet

Big Tobacco knew radioactive particles in cigarettes posed cancer risk but kept quiet

Wednesday, September 28, 2011

Tobacco companies knew that cigarette smoke contained radioactive alpha particles for more than four decades and developed "deep and intimate" knowledge of these particles' cancer-causing potential, but they deliberately kept their findings from the public, according to a new study by UCLA researchers.

The analysis of dozens of previously unexamined internal tobacco industry documents, made available in 1998 as the result of a legal settlement, reveals that the industry was aware of cigarette radioactivity some five years earlier than previously thought and that tobacco companies, concerned about the potential lung cancer risk, began in-depth investigations into the possible effects of radioactivity on smokers as early as the 1960s.

"The documents show that the industry was well aware of the presence of a radioactive substance in tobacco as early as 1959," the authors write. "Furthermore, the industry was not only cognizant of the potential 'cancerous growth' in the lungs of regular smokers, but also did quantitative radiobiological calculations to estimate the long-term lung radiation absorption dose of ionizing alpha particles emitted from cigarette smoke." The study, published online Sept. 27 in Nicotine & Tobacco Research, the peer-reviewed journal of the Society for Research on Nicotine and Tobacco, adds to a growing body of research detailing the industry's knowledge of cigarette smoke radioactivity and its efforts to suppress that information.

"They knew that the cigarette smoke was radioactive way back then and that it could potentially result in cancer, and they deliberately kept that information under wraps," said the study's first author, Hrayr S. Karagueuzian, a professor of cardiology who conducts research at UCLA's Cardiovascular Research Laboratory, part of the David Geffen School of Medicine at UCLA. "Specifically, we show here that the industry used misleading statements to obfuscate the hazard of ionizing alpha particles to the lungs of smokers and, more importantly, banned any and all publication on tobacco smoke radioactivity."

The radioactive substance - which the UCLA study shows was first brought to the attention of the tobacco industry in 1959 - was identified in 1964 as the isotope polonium-210, which emits carcinogenic alpha radiation. Polonium-210 can be found in all commercially available domestic and foreign cigarette brands, Karagueuzian said, and is absorbed by tobacco leaves through naturally occurring radon gas in the atmosphere and through high-phosphate chemical fertilizers used by tobacco growers. The substance is eventually inhaled by smokers into the lungs.

The study outlines the industry's growing concerns about the cancer risk posed by polonium-210 inhalation and the research that industry scientists conducted over the decades to assess the radioactive isotope's potential effect on smokers - including one study that quantitatively measured the potential lung burden from radiation exposure in a two-pack-a-day smoker over a two-decade period.

Karagueuzian and his colleagues made independent calculations using industry and academic data and arrived at results that very closely mirrored those of that industry study, which was conducted nearly a quarter-century ago. They then compared those results to rates used by the Environmental Protection Agency to estimate lung cancer risk among individuals exposed to similar amounts of alpha particle-emitting radon gas in their homes.

"The gathered data from the documents on the relevant radiobiological parameters of the alpha particles - such as dose, distribution and retention time - permitted us to duplicate the industry's secretly estimated radiation absorbed dose by regular smokers over a 20- or 25-year period, which equaled 40 to 50 rads," he said. "These levels of rads, according to the EPA's estimate of lung cancer risk in residents exposed to radon gas, equal 120 to 138 deaths per 1,000 regular smokers over a 25-year period."

Despite the potential risk of lung cancer, tobacco companies declined to adopt a technique discovered in 1959 and then another developed in 1980 that could have helped eliminate polonium-210 from tobacco, the researchers said. The 1980 technique, known as an acid-wash, was found to be highly effective in removing the radioisotope from tobacco plants, where it forms a water-insoluble complex with the sticky, hair-like structures called trichomes that cover the leaves.

And while the industry frequently cited concerns over the cost and the possible environmental impact as rationales for not using the acid wash, UCLA researchers uncovered documents that they say indicate the real reason may have been far different.

"The industry was concerned that the acid media would ionize the nicotine, making it more difficult to be absorbed into the brains of smokers and depriving them of that instant nicotine rush that fuels their addiction," Karagueuzian said. "The industry also were well aware that the curing of the tobacco leaves for more than a one-year period also would not eliminate the polonium-210, which has a half-life of 135 days, from the tobacco leaves because it was derived from its parent, lead-210, which has a half-life of 22 years."

Karagueuzian said the insoluble alpha particles bind with resins in the cigarette smoke and get stuck and accumulate at the bronchial bifurcations of the lungs, forming "hot spots," instead of dispersing throughout the lungs. In fact, previous research on lung autopsies in smokers who died of lung cancer showed that malignant growths were primarily located at the same bronchial bifurcations where these hot spots reside.

"We used to think that only the chemicals in the cigarettes were causing lung cancer," Karagueuzian said. "But the case of the these hot spots, acknowledged by the industry and academia alike, makes a strong case for an increased probability of long-term development of malignancies caused by the alpha particles. If we're lucky, the alpha particle-irradiated cell dies. If it doesn't, it could mutate and become cancerous."

Karagueuzian said the findings are very timely in light of the June 2009 passage of the Family Smoking Prevention and Tobacco Control Act, which grants the U.S. Food and Drug Administration broad authority to regulate and remove harmful substances - with the exception of nicotine - from tobacco products. The UCLA research, he said, makes a strong case that the FDA ought to consider making the removal of alpha particles from tobacco products a top priority.

"Such a move could have a considerable public health impact, due to the public's graphic perception of radiation hazards," he said.

To uncover the information, Karagueuzian and his team combed through the internal tobacco industry documents made available online as part of the landmark 1998 Tobacco Master Settlement Agreement. Documents from Philip Morris, R.J. Reynolds, Lorillard, Brown I Williamson, the American Tobacco Company, the Tobacco Institutes and the Council for Tobacco Research, as well as the Bliley documents, were examined, Karagueuzian said.

The team searched for key terms such as "polonium-210," "atmospheric fallout," "bronchial epithelium," "hot particle" and "lung cancer," among others.

Karagueuzian said the earliest causal link between alpha particles and cancer was made in around 1920, when alpha particle-emitting radium paint was used to paint luminescent numbers on watch dials. The painting was done by hand, and the workers commonly used their lips to produce a point on the tip of the paint brush. Many workers accumulated significant burdens of alpha particles through ingestion and absorption of radium-226 into the bones and subsequently developed jaw and mouth cancers. The practice was eventually discontinued.

Another example involves liver cancer in patients exposed to chronic low-dose internal alpha particles emitted from the poorly soluble deposits of thorium dioxide after receiving the contrast agent Thorotrast. It has been suggested that the liver cancers resulted from point mutations of the tumor suppressor gene p53 by the accumulated alpha particles present in the contrast media. The use of Thorotrast as contrast agent was stopped in the 1950s.

###

University of California - Los Angeles Health Sciences: http://www.uclahealth.org/

Thanks to University of California - Los Angeles Health Sciences for this article.

This press release was posted to serve as a topic for discussion. Please comment below. We try our best to only post press releases that are associated with peer reviewed scientific literature. Critical discussions of the research are appreciated. If you need help finding a link to the original article, please contact us on twitter or via e-mail.

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Source: http://www.labspaces.net/113805/Big_Tobacco_knew_radioactive_particles_in_cigarettes_posed_cancer_risk_but_kept_quiet_

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Thursday, September 29, 2011

A New Normal For Commercial Loans And Working Capital ...

The very best that can be hoped for below the latest tough conditions for commercial lending and commercial loans is that a ?new standard? does exist for organization borrowers, although for most commercial borrowers it almost certainly appears that there is no such thing as ?regular? anymore. It is only normal for a tiny business owner to want to know what the ?normal? way to do a thing appears like, whether they are speaking about modest organization loans, commercial mortgages or functioning capital management.

Ultimately these impacted will want to accept the reality that a ?new typical? way of doing items has emerged when substantial adjustments occur as we have seen not too long ago with modest enterprise loans. It is suitable to assessment what the ?new standard? appears like so that small company owners will be prepared to cope with the challenges they now face in dealing with commercial lenders with options for commercial mortgages and commercial loans modifying significantly for the duration of the past two years.

A single of the most significant alterations in the enterprise financing landscape is the dramatic reduction in the number of commercial lenders that are actively generating small business loans. An equally important aspect of the ?new normal? is that many banks continue to state that they are nevertheless offering little business financing when in reality they have diminished or eliminated their commercial loan solutions. A latest report showed that commercial lending activity plunged by the biggest volume considering that records have been kept by government regulators. This trend appears most likely to get worse just before it gets better simply because virtually one particular out of each and every ten banks is close to collapsing (primarily based on Federal Deposit Insurance coverage Corporation reporting).

Of course, not all banks are in difficulty thanks to substantial government bailouts over a year ago. Most of the largest banks have returned to profitability right after being saved by taxpayer assistance. A wholesome amount of skepticism by commercial borrowers is warranted when attempting to project long term fiscal health for a bank by hunting at recent banking profits. In a lot of circumstances the largest banks have elevated their speculative trading actions and banking charges which has in reality led to a brief-term improvement in earnings. Due to each regulatory adjustments as well as customer backlash, it is not probably that these activities will continue to create the very same level of prolonged-term profits.

For most enterprise borrowers the ?new normal? will involve a new bank or at least a new commercial lender (which may not be a bank at all) as a direct result of the continuing shortcomings of banks in delivering an sufficient amount of small organization financing help as noted above. Planning ahead will be more and more important to the results of tiny business financing for enterprise owners which have commercial real estate financing due to be refinanced inside the subsequent 3 years. Extended-term company clients are now getting told by a lot of banks that they will no longer provide commercial mortgages and operating capital loans. If commercial borrowers wait until their bank decides to pull the plug on future commercial loans, the timing is not probably to be as conducive to organization loan refinancing.

As noted above, when a new source of organization financing is positioned, the commercial lender does not have to be a bank. It is genuinely a myth produced by the banks themselves when they suggest to their little company owner clientele that only a bank like them can assist commercial borrowers. Numerous banks have indicated that they will no longer supply this kind of financing any longer for several important commercial finance services such as commercial mortgages. Banks only rarely provide a realistic and price-efficient choice for specialized company finance solutions such as working capital management, organization money advances and organization consulting.

Automobile manufacturers this kind of as Chrysler and General Motors have declared bankruptcy (and nonetheless may well not be capable to compete effectively in promoting their products profitably), so banks will understandably not want to be compared to such current issues. Because banks have failed to adapt to a altering enterprise atmosphere (much like the automobile market), this certain comparison is very suitable. Many banks have acted as if they have a monopoly on their commercial mortgage and business loan solutions. This practice has led to a quantity of abuses that contain excessive costs, lowered loan quantities and arbitrarily rejected financing requests from commercial borrowers. The ?new regular? for small company owners really should more and more reflect the expanding realization that banks can be replaced when they quit offering an sufficient level of service to their company clients. Company owners can efficiently turn the tables on the banks which have mistreated them and establish a ?new standard? for the bankers when tiny organizations exert their correct energy to actively decide on their commercial loan provider.

Source: http://venturebeta.com/a-new-normal-for-commercial-loans-and-working-capital-management/?utm_source=rss&utm_medium=rss&utm_campaign=a-new-normal-for-commercial-loans-and-working-capital-management

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Credit Tenant Lease (CTL) Loans ? An ... - Financial Crossing

A good credit tenant lease (CTL) banker is the best friend of the commercial real estate owner who invests in single tenant buildings that are triple net (NNN) leased to credit worthy tenants, because CTL bankers can turn those leases into gold.

Credit tenant lease lending is a highly specialized investment banking process used by NNN investors to monetize the intrinsic value of a long term lease. In some ways CTL loans are indistinguishable from standard commercial mortgage loans, but in other important way they are very different.

Banks fund traditional commercial mortgages by either lending a borrower funds they have on deposit or by originating then selling the mortgage to an institutional investor or a Government Sponsored Entity such as Fannie Mae. CTL loans, on-the-other-hand, are funded by investment bankers who issue private placement bonds that are sold by brokers and traders to fixed income investors.

Standard bank loans are backed primarily by the value of the real estate and the financial wherewithal of the borrower. CTL loans are secured first and foremost by the lease that is associated with the real estate rather than the property itself. CTL loans are non-recourse mortgages so the finances of the borrower are not an overriding factor.

Banks require minimum down payments of 20-25% so they can meet their 75-80% loan-to-value (LTV) requirements. They also have strict debt-service-coverage ratio (DSCR) that often top 1.2x. CTL loans are high leverage loans with no restrictions on LTV (100% LTV) and very low DSCR of around 1-1.01x.

Time is money and banks can take forever to close a commercial mortgage. 90-180 days is typical for institutional loans. The red tape and documentation is a bureaucratic nightmare. Conversely, CTL is a streamlined process with few surprises. If a loan gets passed the application stage, it is exceedingly rare that a deal fails to close. Basically, if the tenant and the lease pass muster the deal will fund. CTL deals take only 45-60 days to complete from start-to-finish.

Finally it?s important to note that a CTL loan is the last loan a building will ever need. CTL loans are long-term, usually co-terminus with the length of the lease (up-to 25 years). They are also fixed rate, self amortizing loans so property owners never have to worry about balloon payments or rising interest rates. Bank loans need to be refinanced every 3, 5, or 7 years at substantial cost and aggravation.

Not every property qualifies for CTL financing; the building must be ?stand alone? and the lease must be NNN and have a term of at least 10 years. Tenants must qualify also; they have to be considered ?investment grade? by the big credit rating agencies. However, if a deal does qualify sponsors will find CTL a dependable source of capital for the purchase, refinance and development of NNN leased real estate.

Credit Tenant Lease (CTL) Loans ? An Investment Banker Compares Bank Lending to CTL Finance


Source: http://www.financialcrossing.com/credit-tenant-lease-ctl-loans-an-investment-banker-compares-bank-lending-to-ctl-finance/

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Wednesday, September 28, 2011

Rev. Ruth Hawley-Lowry: Wangari Maathai and Why She Matters (Huffington post)

Share With Friends: Share on FacebookTweet ThisPost to Google-BuzzSend on GmailPost to Linked-InSubscribe to This Feed | Rss To Twitter | Politics - Top Stories Stories, RSS and RSS Feed via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/140565661?client_source=feed&format=rss

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DreamWorks Plans Adaptation of Roald Dahl's The BFG

'E.T.' Writer Adapting Roald Dahl's 'The BFG'

The BFG ? Rolad Dahl?s 1982 novel, not the infamous weapon from Doom,?is returning to the big screen. DreamWorks has secured the screen rights to Dahl?s story, which looks to be brought to life in live-action form (unlike the animated 1989 film adaptation) and produced by Indiana Jones franchise staples Kathleen Kennedy and Frank Marshall.

It turns out that another talent associated with a famous Steven Spielberg production will be scripting the project ? namely, Oscar-nominated E.T.: The Extra-Terrestrial scriber, Melissa Mathison.

The Wrap has confirmed that Mathison will adapt Dahl?s BFG novel. It should become her first produced screenplay since the Martin Scorsese-directed Kundun ? back in 1997 ? and mark Mathison?s latest venture into the territory of beloved children?s literary adaptations (she previously worked on the scripts for The Black Stallion and The Indian in the Cupboard).

Dahl?s The BFG (an acronym for ?Big Friendly Giant?) tells the story of Sophie, a young orphan who, one night, encounters the title character: a kind-hearted giant with enormous ears, who devotes much of his time to collecting and distributing pleasant dreams to children around the world. The BFG thereafter takes Sophie back to his home in Giant Land ? a dangerous place ruled by child-eating, cavemen-like giants that are far larger (and more bloodthirsty) than the BFG.

In other words ? The BFG boasts Dahl?s trademark mixture of whimsical storytelling and darkly imaginative fantasy.

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'James and the Giant Peach' features a mix of live-action and stop-motion animation.

Previous cinematic adaptations of Dahl?s literature has varied greatly in design and style, due largely to the eclectic collection of auteurs who have been behind them ? including, Wes Anderson (Fantastic Mr. Fox), Tim Burton (the 2005 Charlie and the Chocolate Factory movie), Henry Selick (James and the Giant Peach), and Danny DeVito (Matilda), among others.

It goes without saying that certain Dahl adaptations are more (or less) liked than others. However, the best tend to both retain the timeless and ingenious feel of their inspiration ? and take advantage of cutting-edge special effects (stop-motion animation, CGI, etc.) to recreate the often phantasmagorical?characters, worlds, and plot elements of Dahl?s literature. Given the writing and production talent already involved with the project, the new BFG movie seems positioned to pull off such an act.

As for who should play the titular giant ? we?ll go ahead and recommend Oscar-nominee James Cromwell. Seriously, you give that fellow giant prosthetic ears to wear, he looks almost exactly like illustrator Quentin Blake?s original sketches of the character in Dahl?s novel!

-

We shall keep you posted on the status of The BFG as more information is released.

Source: The Wrap

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Source: http://www.rottentomatoes.com/m/1923632/news/1923632/

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Tuesday, September 27, 2011

Selling Yourself In A Job Interview: How to Close Resume Gaps ...

Many times the question is asked, ?How do I explain being out of work for a year or longer??

Sales Techniques for Job Search Success

Step 1: The first step is to approach the problem from a positive standpoint and leave your fear behind. Whenever you meet with clients or hiring managers, speaking with confidence is a requirement.

The manner in which you express yourself is how you are initially identified. In other words, how you communicate, including attire, verbal, facial, body language, and your choice of words, work in unison to begin building your brand.

Given the importance of communication, it is wise to practice telling a short story for you to get the feel of how you come across to others. However, when you deliver your story in person it should sound natural and not rehearsed.

Whenever an objection arises in your meeting, such as you have been unemployed for a long time, cheerfully acknowledge the statement with a smile on your face.

This is referred to as ?Agreeing with the objection.?? The person interviewing you will be pleasantly surprised by your calm demeanor and will appreciate the forthcoming open dialogue.

Step 2: Now it is your turn to shine by telling your story in an honest, open manner. This improves your brand and standing. For example, in your own vocabulary, describe how you took the time off to vacation, rest your mind and do some soul searching.

During the process you recognized your true talents and interests. You took it upon yourself to self-educate further in this new direction to ensure a long career.

Step 3: The next step is to apply the information you found about the company and its industry, prior to the interview, and your updated interests, to the job described. Keep your story to two minutes or less because people do not like to listen to long-winded explanations.

Step 4: The final sales technique is to finish your personal story with a ?buy-in? question such as, ?Do I sound like the type of candidate you are seeking?? Buy-in refers to getting the other party to say, ?Yes.? Sales experts agree you need 3-5 ?buy-ins? or mini-agreements to make a sale or advance the interview.

What transpires is the other party, by agreeing with you several times, will begin to talk themselves into recognizing you are the best person suited for the job.

Remain truthful at all times, and do your best to appear and sound relaxed and happy. No one wants to hire someone who seems desperate for the job. Once you are on the premises of the hiring company, the job is no longer about you but it is about how you will help the company solve their problems.

This method of conducting meetings and interviews builds your brand on many levels. Among them, you demonstrate leadership, confidence, and creativity, and these are traits usually sought after.

Applying these sales techniques to the interview will help you advance toward hearing, ?you?re hired!?

From the Personal Branding Blog | Click here for original post

Related Posts

Source: http://www.monsterthinking.com/2011/09/26/the-4-step-process-for-closing-the-job-search-sale/

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Various Edge Of Appointing Property ... - Akarak Real Estate

Getting an experienced property management in Denver Colorado company can assist in maintaining and improving the residence or business office of investors. This is one of the most essential investments that an investor can get aside from the property. The manager will work in your stead and make critical decisions vital for the continued operations of your rental business.

The necessity of delegating the work to a manager on properties cannot be overlooked. The manager can help enhance the worth of your rental investments. He can also make the rental process go as painless and effective as possible. This is why you should consider getting an administrator.

There are a number of advantages of getting a service like AT Smith Co who specializes in property management in Denver Colorado. One advantage is it helps investor find good quality tenants. Managers are adept in spotting reliable renters from the unreliable ones. This is because they have the necessary training and expertise to do so. They can screen tenants effectively so you will only get tenants that pay rent promptly.

The manager of your properties can also save you headaches from legal battles. Since tenants are properly screened, legal issues arising from problem tenants are avoided. The manager can prevent possible lawsuit. He is conversant with the current landlord-tenant laws so he knows exactly what to avoid. He is also knowledgeable about rules governing eviction, termination of leases, collecting rent, security deposits and the maintenance of conditions of properties. This knowledge will allow them to prevent costly lawsuits for the owner.

Collecting rent in an efficient manner is another advantage that a manager from ATSmithCo.com can offer to the investor. The manager knows that some tenants will not pay on time. He anticipates this issue so he impose strict rules regarding rent and follow up the collection right away. This will provide the investor some assurance that collection is done promptly.

Managers also decreases the vacancy cycle of the properties. Since he can easily spot problem renters from reliable ones, he is able to find renters that will stay long term and pay on time. This means the vacancy cycle will be shorter because there is no need to evict problem renters or look for new renters all the time.

The administrator can also make the financial papers and prepare the tax computations. They have the necessary expertise to help you make the income statement needed for tax purposes and the balance sheet. Since the bulk of their time is spent on running the properties, they can devote a fraction of the time to making the tax papers so you do not worry about making it to the deadline.

Since the manager is doing almost all the work in your behalf, this allows you to have enough time to spend for your family and loved ones. A huge part of running the business is taken cared of by professionals allowing which can relieve you of the stress of overseeing all aspects of management. This means you can relax knowing that things are in the hands of a trained professional. The property management in Denver Colorado service particularly ATSmithCo.com can provide you all these benefits and more.

Check out our website for details about the advantages of using property management Denver services, now. You can also find information about a reliable property management Denver company, today.

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Source: http://www.akarak.net/various-edge-of-appointing-property-management-in-denver-colorado/

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Monday, September 26, 2011

Mind On Track Creates To-Do Lists Based On Mind Maps [Windows Downloads]

Mind On Track Creates To-Do Lists Based On Mind MapsWindows/Linux: If you're an avid mind mapper, you might find that keeping the map and your to-do lists on the same page is a little difficult. Mind On Track integrates both into one project management tool.

Each time you create a new node, a new to-do list item is created. From there, you can schedule in due dates, create a hierarchy of items reliant on the completion of other tasks, and set plenty of other options. It features the basic toolset of both mind mapping and to-do programs, but integrates them together to help keep track of larger projects.

Mind On Track | via Addictive Tips

Source: http://feeds.gawker.com/~r/lifehacker/full/~3/W6kHsMQT5tg/mind-on-track-creates-to+do-lists-based-on-mind-maps

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Sunday, September 25, 2011

Panel to probe possible boxing fix for 2012 Games

Jacques Rogge, president of International Olympic Committee, gestures during a press conference in Beijing, China, Friday, Sept. 23, 2011. Rogge on Friday welcomed an investigation by amateur boxing's governing body into allegations that millions of dollars have been paid to guarantee Azerbaijan two gold medals in the ring at next year's London Olympics. (AP Photo/Alexander F. Yuan)

Jacques Rogge, president of International Olympic Committee, gestures during a press conference in Beijing, China, Friday, Sept. 23, 2011. Rogge on Friday welcomed an investigation by amateur boxing's governing body into allegations that millions of dollars have been paid to guarantee Azerbaijan two gold medals in the ring at next year's London Olympics. (AP Photo/Alexander F. Yuan)

Jacques Rogge, president of International Olympic Committee, rubs his forehead during a press conference in Beijing, China, Friday, Sept. 23, 2011. Rogge on Friday welcomed an investigation by amateur boxing's governing body into allegations that millions of dollars have been paid to guarantee Azerbaijan two gold medals in the ring at next year's London Olympics. (AP Photo/Alexander F. Yuan)

Jacques Rogge, president of International Olympic Committee, gestures during a press conference in Beijing, China, Friday, Sept. 23, 2011. Rogge on Friday welcomed an investigation by amateur boxing's governing body into allegations that millions of dollars have been paid to guarantee Azerbaijan two gold medals in the ring at next year's London Olympics. (AP Photo/Alexander F. Yuan)

(AP) ? Denying corruption claims in the "strongest possible terms," amateur boxing's governing body set up a special committee Friday to investigate allegations of attempts to fix results at the 2012 London Olympics.

The International Amateur Boxing Association said a five-man panel will look into claims made in a BBC television program that $9 million has been paid by Azerbaijan to ensure the former Soviet republic wins two gold medals at the games.

Bribes were allegedly paid to the World Series of Boxing, a subsidiary of AIBA.

"AIBA and WSB deny in the strongest possible terms that they accepted an investment from Azerbaijan in exchange for two gold medals at the London 2012 Olympics ? or indeed for any improper purpose," the boxing bodies said in a statement.

"At this stage AIBA is not aware of any credible evidence" to support allegations that WSB chief operating officer Ivan Khodabakhsh promised gold medals to Azerbaijan in return for the payment, it said.

"Ivan Khodabakhsh is a man of integrity and AIBA trusts him and respects his work," the statement said, adding that he has promised to cooperate "fully and freely" with the probe.

AIBA President C.K. Wu of Taiwan, who is also a member of the International Olympic Committee, appointed a "special investigation committee" to look into the claims.

The panel will be led by Tom Virgets, chairman of AIBA's disciplinary commission. AIBA said the group would convene immediately in Baku, Azerbaijan, where the amateur world championships are currently taking place.

IOC President Jacques Rogge welcomed AIBA's probe and asked the BBC to turn over its evidence for possible action.

"We take every allegation very seriously," Rogge said a news conference after a sports seminar in Beijing.

Speaking by telephone from AIBA's home city of Lausanne, Switzerland, Khodabakhsh told The Associated Press on Friday that the allegations were "completely ridiculous" and "absolute lies."

"I have never been asked to nor have I ever undertaken anything illegal or unethical in the course of my duties working for WSB," Khodabakhsh said in the AIBA statement. "I am ready to personally take any possible measures to clear my name and prove that the accusations are false and without any ground."

Citing unnamed "whistleblowers" and "insiders," BBC's Newsnight program on Thursday alleged that the $9 million was paid by an Azerbaijan national to WSB, an international franchise competition supported by AIBA. The program said the money was needed by the WSB because it had run into financial difficulties in the United States.

In its statement Friday, AIBA said it accepted a loan from a "private Azerbaijani investor" for the operation of WSB's American franchises.

"The loan was not 'secret' and nor was there anything improper about it," the statement said. "It was an arms length transaction between two entities made on a commercial basis and with a view to a commercial return for the investor."

"Any suggestion that the loan was made in return for promises of gold medals at the 2012 Olympics is, we repeat, preposterous and utterly untrue," AIBA said.

Gerhard Heiberg, the IOC official who oversaw reforms of AIBA, said the allegations came as a "shock."

"This seems unreal because the process has been good," he told the AP by telephone from Beijing. "The people have been changed. The people running AIBA today are good people in my opinion.

"It would be very, very sad if the allegations are true," Heiberg said. "I hope they are not."

Heiberg said he doesn't see how it would be possible to fix the medal results but the allegations should be investigated anyway and AIBA should face "consequences" if bribes were paid.

"I feel we have found systems now to prevent things like that," he said. "I cannot see how it could be possible to fix and give two gold medals. I cannot see how it can function in practice. Fifteen years ago yes, but not today."

Heiberg was appointed chairman of AIBA's reform commission after the 2004 Athens Olympics.

The IOC withheld $1.1 million in Olympic television revenues from AIBA after Athens. The money was paid in full in 2007 after the IOC was satisfied that AIBA had cleaned up its act and improved the sport's scoring and judging systems.

The reforms moved forward after Wu ousted longtime chief Anwar Chowdhry of Pakistan as AIBA president in 2006. Wu was re-elected to a second four-year term last year.

In 2007, AIBA secretary general Caner Doganeli of Turkey was expelled for financial misconduct and Chowdhry was barred for life from any involvement with the federation.

"We have to follow up," Heiberg said. "C.K. Wu and his people will have to explain what is happening. We cannot leave this alone."

___

AP Sports Writer Graham Dunbar in Geneva and Associated Press writer Chi-Chi Zhang in Beijing contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/347875155d53465d95cec892aeb06419/Article_2011-09-23-OLY-Boxing-Allegations/id-801045bd2e9145efbaa52f952c06de18

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Stock futures off on euro zone concerns (Reuters)

NEW YORK (Reuters) ? Stock index futures fell on Friday as talk of a Greece default gained pace and a day after markets spiraled downward on deepening worries about global economic stagnation.

Greek Finance Minister Evangelos Venizelos was quoted by two newspapers as saying an orderly default with a 50 percent haircut for bondholders was one of three scenarios for resolving the country's fiscal woes. Venizelos called the reports an unhelpful distraction.

European stocks tumbled early Friday on fears the region's banks would take more writedowns on their Greek debt exposure. The FTSEurofirst 300 (.FTEU3) was off 2.2 percent. (.EU)

"We are selling off quite a bit here, and again, it's all on the news out of Europe," said Peter Cardillo, chief market economist at Rockwell Global Capital in New York.

"We are also at the end of the quarter next week and large institutions are selling whatever they can to take profits, which is one of the reasons why gold and silver are lower. They are taking profits on the short side."

S&P 500 futures fell 17.9 points and were below fair value, a formula that evaluates pricing by taking into account interest rates, dividends and time to expiration on the contract. Dow Jones industrial average futures slid 180 points, and Nasdaq 100 futures dropped 34.25 points.

On the corporate front, investors will watch shares of Hewlett-Packard Co (HPQ.N) after Meg Whitman, the former head of EBay Inc (EBAY.O) was named to run the computer and printer maker. The stock was down 0.9 percent at $22.60 in premarket trade.

Republicans in the U.S. House of Representatives regrouped in an after-midnight session to approve a must-pass spending bill, but the prospect of a government shutdown loomed as Democrats said it would go nowhere in the Senate.

UBS AG (UBSN.VX)(UBS.N) CEO Oswald Gruebel will try to convince his board on Friday that the Swiss bank has a future in investment banking and can bounce back from a $2.3 billion crisis around rogue trading.

Facebook unveiled new ways to listen to music and watch TV as it faces fresh competition from Google Inc (GOOG.O).

Nike Inc (NKE.N) staved off margin pressure in the first quarter with strong revenue and price increases. Shares were up 4.7 percent after the bell.

On Thursday, the Dow Jones industrial average (.DJI) dropped 391.01 points, or 3.51 percent, to 10,733.83. The Standard & Poor's 500 Index (.SPX) lost 37.20 points, or 3.19 percent, to 1,129.56. The Nasdaq Composite Index (.IXIC) slid 82.52 points, or 3.25 percent, to 2,455.67.

Wall Street's "fear gauge", the CBOE Volatility Index (.VIX), jumped 12 percent, giving the index its biggest two-day percentage spike in a month as investors protected themselves against future losses.

(Reporting by Angela Moon; editing by Jeffrey Benkoe)

Source: http://us.rd.yahoo.com/dailynews/rss/eurobiz/*http%3A//news.yahoo.com/s/nm/20110923/bs_nm/us_markets_stocks

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Saturday, September 24, 2011

Term or Permanent? Which Life Insurance is Right for You?

If you are young, chances are that the subject of life insurance has probably never even crossed your mind. Nevertheless, dying is as much a part of life as having kids or working for a living, and as people become older, having a life insurance policy makes more and more sense.

If you are independently wealthy or have spent your life making sound investments and can provide an income for your dependents through them after your demise, you probably do not really need life insurance. If on the other hand, you have a family and are their main source of income, or the assets you own don?t cover your debts, life insurance can be a sound investment.

A life insurance policy could mean the difference between your family struggling for an income or receiving an income from your estate and having all of your debts paid off in the event of your demise.

Insurance companies offer two principal types of life insurance policies, term and permanent or ?cash value? insurance. We will examine the two types of policies to determine which type of policy would best suit your needs.

Term insurance consists of a policy which will pay out a specified amount of money if you die within a certain ?term?, which could be 10, 20 or even 30 years. This type of insurance will not accrue cash while you are alive and is designed to give your dependants financial support until the mortgage on your house is paid off so you can then depend on your assets and other investments to be self insured.

An important feature of term insurance is that it can often be renewed or converted to a permanent policy. Many insurers will allow the client to renew their policy without a new medical examination and often offer the policyholder the option of converting to a permanent policy for a higher premium.

Switching to a permanent policy makes sense if you have reached the age of 65 and not yet acquired sufficient assets to self insure, otherwise, most people stick to term life insurance.

Also known as ?cash value? insurance, these policies command much higher premiums than term insurance. This is because the additional premium amount accrues as savings and interest over the life of the policy.

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Source: http://www.investorguide.com/article/9595/term-or-permanent-which-life-insurance-is-right-for-you/

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Friday, September 23, 2011

Tacoma, Washington Teachers Strike Ends With New Contract Agreement

TACOMA, Wash. ? Teachers in Washington state's third-largest school district approved a new contract, ending a 10-day strike that had kept Tacoma's 28,000 students at home for more than week. The news is a big relief to parents who have been scrambling to find daycare ? and also to students.

"We were thrilled," said Jill Furman after the strike ended. She was preparing to go grocery shopping with her ninth-grade daughter Rebecca, who said she was running out of things to do in the days off.

"It just got boring after a while," she said.

Classes are scheduled to resume Friday, the school district announced on its website.

Nearly 99 percent of teachers voted Thursday to approve a deal brokered a night earlier by Gov. Chris Gregoire, who called representatives from the district and the teachers union to her office in Olympia after negotiations stalled.

"I think there's a sense of elation not only at getting students and teachers back in the class but that we came up with an agreement that sets the stage for innovation in how we match up teachers with the needs of schools," district spokesman Dan Voelpel said after the teachers ratified the contract.

Teachers were told the three-year contract would keep basic salaries and class sizes the same. On the most contentious issue of teacher transfers, the contract calls for a committee of union and school district representatives to recommend a fair policy.

The union is concerned teachers could be transferred at the whim of principals. The district wants to consider factors in addition to seniority.

The district, which has 55 schools, has averaged 150 teacher transfers in the past five years. Teachers are transferred because of enrolment fluctuations, changes in programs or from school closings. Two closed last year.

Of the 1,701 teachers present at the high school Thursday, only 15 voted against the new three-year contract. Before and after the vote, the atmosphere was jubilant with sporadic chants, standing ovations given to the union's leaders and teachers dancing to Journey on the bleachers.

"We need to start healing. We need to get back to our classrooms," Tacoma Education Association president Andy Coons said to a packed and muggy gym at Mount Tahoma High School, where the vote took place. "We need to focus on why we did this ... we need to get back to that work tomorrow."

Teachers went on strike Sept. 12. After a Superior Court judge ordered them back to work days later, the teachers defied him, this time with 93 percent of the teachers voting to continue the walk out.

"It was nice to see teachers come together and defend their profession," said Cindy Brandt, an occupational therapist who works with student in special education, who said she couldn't sleep after the tentative agreement was reached late Wednesday.

Outside Mount Tahoma High School, a group of students killed some time before football practice. They said they were happy to go back to school. This group had been focusing on sports during the strike, but also said they've been able to sleep in.

"That was the best part about this," 16-year-old junior Zach Holt said. "The rest has been pretty lame. I'm ready. Let's go."

___

Manuel Valdes can be reached at . http://twitter.com/ByManuelValdes

Associated Press writer Mike Baker in Olympia, Wash., also contributed to this report.

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Source: http://www.huffingtonpost.com/2011/09/23/tacoma-washington-teacher_n_977814.html

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Death toll rises to 11 in crash at US air races

FILE - In this Sept. 16, 2011 file photo, a crowd gathers around debris after a P-51 Mustang airplane crased at the Reno Air show in Reno Nev. Amid the horrific aftermath of the nation's deadliest air racing disaster, a crash that killed nine and sent about 70 people to Reno-area hospitals, a sort of calm pervaded. Witnesses were spattered with blood and pieces of flesh, yet video of the scene shows paramedics, police and spectators attending to the wounded with a control that seems contradictory to the devastation. (AP Photo/Grass Valley Union, Tim O'Brien, File) MANDATORY CREDIT

FILE - In this Sept. 16, 2011 file photo, a crowd gathers around debris after a P-51 Mustang airplane crased at the Reno Air show in Reno Nev. Amid the horrific aftermath of the nation's deadliest air racing disaster, a crash that killed nine and sent about 70 people to Reno-area hospitals, a sort of calm pervaded. Witnesses were spattered with blood and pieces of flesh, yet video of the scene shows paramedics, police and spectators attending to the wounded with a control that seems contradictory to the devastation. (AP Photo/Grass Valley Union, Tim O'Brien, File) MANDATORY CREDIT

The Rev. Thomas Babu gives a moment of silence for the victims of the Reno Air Races plane crash, during a service at St. Michael Catholic Church, Sunday, Sept. 18, 2011, in Reno, Nev. The church is only a few blocks from where the Reno Air Races were held and the crash that killed the pilot, Jimmy Leeward, and eight spectators, occurred. (AP Photo/Paul Sakuma)

FILE - In this Friday, Sept. 16, 2011 photo, a P-51 Mustang airplane approaches the ground right before crashing during an air show in Reno, Nev. The vintage World War II-era fighter plane piloted by Jimmy Leeward plunged into the grandstands during the popular annual air show. Two crashes at two air shows in two days, one that killed spectators, the other just the pilot far from fans. But there was another big difference ? fire. (AP Photo/Garret Woodman)

This undated family photo provided by Jose Luis ?Joe? Cacheux-Ojeda via the Reno Gazette-Journal shows Sharon Stewart, of Reno, Nev., who has been identified as one of the people who died Sept. 16, 2011, in a crash at the National Championship Air Races in Reno. Stewart, 47, a mother of nine children, was working at a part-time job as a trash clean up employee when when the accident occurred. (AP Photo/Family Photo via Reno Gazette-Journal)

This undated family photo provided by Sharon Hewitt shows George and Wendy Hewitt. The former Air Canada pilot and his wife were among the people killed in the crash of a vintage airplane during an air race Friday, Sept. 16, 2011 in Reno, Nev. (AP Photo/Sharon Hewitt via The Canadian Press)

(AP) ? When 50-year-old Craig Salerno went missing after attending the Reno air races with friends, his wife didn't need DNA testing to confirm her worst fears.

Her husband, the father of their two young children, was sitting in the VIP section where a fighter plane landed in an explosive crash Friday afternoon. Salerno's friend was taken to the hospital with critical injuries. There was no way Salerno, an avid racing pilot there to watch the show, had survived.

"The family knew," said Tony Buzbee, a spokesman for the Friendswood, Texas family. "There is no delicate way to say this; the problem was there was no way to confirm he was dead other than DNA testing."

Medical officials confirmed Salerno's death to his wife Monday night, bringing the death toll in what has become the nation's deadliest racing disaster up to at least 11.

A spokesman for the medical examiner's office said investigators have been trying to identify body parts since the gruesome accident at the annual National Championship Air Races. The names of all the known fatal victims had been confirmed by police or family by late Tuesday. Another 15 victims remained in area hospitals for treatment.

More than 1,300 people had called a Reno crisis line in the days after the crash, many to report missing race spectators. Officials are trying to track down each missing person but have not released an official count.

"They have an awful lot of legal hurdles that they have to go through before they can announce especially the names (of the dead) but also the number of deceased," said Washoe County spokesman Chris Matthews. "They have to verify that they are in fact looking at a deceased person, as opposed to looking at an arm of a person who is not deceased and is in the hospital."

The newly-identified victims were a Kanas woman previously reported missing, a father who took his 12-year-old son to see the racing pilots, a man who loved airplanes and Salerno.

Relatives of the Kansas woman, 71-year-old Cheryl Elvin of Lenexa, had said she was likely dead because the relatives who had attended the show with her were all taken to area hospitals for critical leg injuries.

John Craik, 45, of Gardnerville, Nevada, died after taking his son to watch the race. Virginia Craik told The Associated Press that her grandson was not seriously injured and is back in school.

"It's been tough," she said.

James McMichael, 47, of Graham, Washington, was at the show because he "loved planes," his mother, Darlene McMichael, said. "That's why most people go to those things."

She said her son was survived by his wife and an extensive family.

"Our family has a great faith," she said. "And we feel like things happen for a reason. It doesn't make it easier."

Salerno was a dispatcher for Continental Airlines and a lieutenant for a volunteer fire department, said Buzbee, a Houston lawyer representing the family. Salerno also volunteered with the annual Wings Over Houston air show, where he served as a liaison between the main act and the show.

"He was just one of those kind of people that many people know," Buzbee said. "He made the community work."

Salerno was given his VIP ticket by a friend, Buzbee said.

"It's a very difficult time for his wife and children," Buzbee said.

More than 70 people were treated for injuries, some of them life-threatening, in the unexplained crash that also took the life of 74-year-old stunt pilot James Leeward. His WWII-era fighter plane dived into a crowd during the nation's premier aviation competition. Shrapnel sprayed at the fans, cutting off limbs and severely injuring many people.

Boeing engineer and longtime pilot Dave Desmon organized a group of people with ties to Washington to attend the show. They were standing near the finish line when the plane crashed three feet from them.

"We were trying to figure out which way to run basically," Desmon, 51, said.

Among the dead were Desmon's friends, George Hewitt, 60, and Wendy Hewitt, 57, of Fort Mohave, Arizona. Another friend lost an arm and had a cracked skull. Desmon's girlfriend broke her leg.

George Hewitt was a recently retired pilot had served in the Canadian air service. Wendy Hewitt was a passionate volunteer who served the United Way, American Red Cross and charities devoted to low-income children and women. They were learning Mandarin for an upcoming trip to China, Desmon said.

The others killed who had previously been identified were Sharon Stewart, 47, of Reno; Greg Morcom, 47, of Marysville, Washington; Michael Wogan, 22, of Scottsdale, Arizona; and Regina Bynum, 53, of San Angelo, Texas.

During the annual Reno completion, planes flew wingtip-to-wingtip as low as 50 feet from the ground. Pilots reached speeds of up to 500 mph (805 kph).

Leeward was the 20th pilot to die at the races since it began 47 years ago, but Friday's crash was the first where spectators were killed. Some of the injured described being coated in aviation fuel that burned.

Leeward was a veteran air racer from Ocala, Florida, who flew in Hollywood films. He loved speeding, on the ground or in the air, and had recently taken up racing cars.

It was the second year Leeward had competed in the competition with his modified Galloping Ghost Mustang fighter plane. He won several races last year but the gold medal had eluded, Desmon said.

"He wanted to go against the national champion and show that he was the fastest airplane there was," Desmon said. "It was a race we were all really looking forward to."

__

Cristina Silva can be reached at http://twitter.com/cristymsilva.

Associated Press

Source: http://hosted2.ap.org/apdefault/386c25518f464186bf7a2ac026580ce7/Article_2011-09-20-Air%20Show%20Crash/id-c040e732f1a24970a2281e273d837716

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Thursday, September 22, 2011

Troy Davis: How did we get here? (Providence Journal)

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Gold Necklace Recovered from the Titanic Stolen in Copenhagen (Time.com)

First, don't think this is about that massive blue-diamond necklace Kate Winslet donned for the 1997 movie Titanic. This necklace heist happened over the weekend to a real necklace worn by a survivor of the Titanic's 1912 sinking.

While on display at Copenhagen's Tivoli Gardens amusement park as part of the traveling "Titanic, the Exhibition," a necklace believed worn by wealthy Briton Eleanor Widener was nabbed, according to Musealia, the company that owns the exhibit.

(MORE: The Titanic's Impending Second Doomsday)

Officials believe the theft was the work of an amateur, as the necklace's value of about $19,000 doesn't signify the most expensive piece of jewelry in the exhibit. Even still, thieves made off with the gold-plated chain without tripping the alarm. But selling the piece will prove tricky, as the necklace is well known internationally. Musealia has put out a $1,000 reward for information on the theft of the Widener necklace.

The Widener family was reportedly one of the wealthiest on the Titanic's maiden voyage, which ended in the deaths of more than 1,500 passengers when the ship hit an iceberg on its way from England to New York.

MORE: Titanic II Sinks During Maiden Voyage

Tim Newcomb is a contributor for TIME. Find him on Twitter at @tdnewcomb. You can also continue the discussion on TIME's Facebook page and on Twitter at @TIME.

View this article on Time.com

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Wednesday, September 21, 2011

Cities Looting Business Travelers | Fox & Hounds Daily

Cross-posted at CalWatchdog.

The bustling, totally hip city of Seattle is very taxing on its visitors.

I recently went to the beautiful Northwest city on business. Being a cost-conscience person, I shopped rental cars and ended up with a pretty good deal on short notice at $104 for four days.

Imagine my surprise when I returned the car and finalized the bill. The taxes totaled more than the car rental.?The rental receipt listed eight different taxes, totaling $134.37:

SEA Concession 4.4 percent = $8.12

WA Tax SEA 9.5 percent = ?$11.85

WA Rental Tax 9.7 percent = $12.09

WA Motor vehicle tax 0.30 percent $0.37

CFC tax = $20.00

RSA tax = $11.96

VLF tax = $1.92

LDW tax = $67.96

The ?LDW? is a ?loss damage waiver? tax, which I had already declined and shown proof of my own insurance, but it still appeared on the bill.

The city of Seattle says that car rental taxes total 18.5 percent, but that doesn?t add up for me.

The hotel tax is only slightly less.?A Seattle hotel room will cost an additional 15.8 percent in tax, which includes state and local sales taxes.

According to the city of Seattle sales and use tax?overview,?most of the hotel and rental-car taxes imposed in King County go either to pay off the Washington State Convention & Trade Center, or toward Safeco Field, home of the Seattle Mariners, and Qwest field, home of the Seattle Seahawks, as well as the remaining Kingdome bonds, which was demolished in 2000.

When asked if Seattle risks driving away business,?meeting-industry professionals say, probably not.??In my opinion, [the hotel tax] is a very small factor,? said Linda Mansouria, president of Make It Happen LLC, an event-planning firm in San Francisco. ?I never even ask the question, ?What are your taxes?? It just never comes up,? the Seattle Times reported.

What the brainiacs in government, city convention bureaus and local meeting planners rarely take into consideration is that the business traveler has choices. And many business travelers don?t appreciate getting screwed, even on an expense account.

Business travelers also take vacations. While Seattle may be a really cool place to visit, not only will I refuse to stay in Seattle again, I will check into other city?s taxes on hotels, car rentals and even local sales taxes before I make any travel plans.

Sacramento, are you listening? Apparently the voters in Seattle think that it?s funny to have business travelers and tourists pay for their sports arenas and convention center. With Sacramento obsessing over a new arena, how to pay for it is has been a bone of contention with voters.

Sacramento voters have voted down taxing initiatives to pay for an arena. With planning underway again for another arena proposal, the plan is to divvy the cost up in thirds:

? The Sacramento Kings, the NBA and a private developer would contribute between $91 million to $156 million in lease payments, upfront money, land and other revenue to pay for an arena.

? The city of Sacramento would contribute the sale of public land, a tax on hotels and taxis, and money from items such as digital advertising and parking valued at $94 million to $123 million.

? The third pot of money will be fueled by ticket surcharges, naming rights and other revenue sources that could generate $90 million to $121 million, according to the Sacramento Bee.

Apparently residents in the six-county Sacramento region will not be subjected to a tax increase in order to subsidize the arena. Appropriately, patrons of the venue will help pay for it, as they should.

However, it appears that the city will gouge visitors with hotel and taxi taxes, and the cost to park in Sacramento will increase.

Oh, the brilliance.

Residents in the surrounding regions already avoid downtown Sacramento as it is. Those who work in downtown during the business day, leave at 5:00 p.m. to head home to another county where they live, eat, shop, recreate and spend money. They don?t like coming into downtown for entertainment ? the lousy and expensive parking, sketchy neighborhoods, pushy and crazy vagrants, unsafe downtown streets, and crime and gang problems just aren?t worth it.

I live in downtown Sacramento. Even my husband and I avoid going deep into certain city parts of downtown at night.

It looks as if Sacramento will be attempting Seattle?s tax gouge on the business traveler to help pay for the arena.

This is not a good idea and should be paid for entirely by the developers, NBA, the Sacramento Kings owners, and the fans.

How many business travelers have decided against ever going to Seattle again because of the offensive taxes? This could happen to Sacramento. And Sacramento is not totally hip like Seattle.

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Source: http://foxandhoundsdaily.com/blog/katy-grimes/9444-cities-looting-business-travelers

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Tuesday, September 20, 2011

Obama deficit plan aimed at Democratic base (Reuters)

WASHINGTON (Reuters) ? President Barack Obama will lay out a plan on Monday to cut the U.S. deficit, striking a populist tone aimed at galvanizing his Democratic Party base ahead of the November 2012 election.

Obama will vow to veto any cuts proposed for the government-run Medicare health program for the elderly unless Congress agrees to raise taxes on companies and the wealthy.

The president's recommendations to a congressional "super committee" would deliver deficit savings of more than $3 trillion over the next decade, his aides said, with roughly half of those savings coming from higher tax revenues.

Republicans, who control the U.S. House of Representatives, are firmly rejecting any tax hikes to raise revenues. Many Democrats see that as a sign for Obama to stop trying to compromise with Republicans over tackling the debt, and instead to fight for the voters who put him office.

"These things are critical to the base," said Jared Bernstein, a senior fellow at the Center on Budget and Policy Priorities in Washington and a former economic adviser to Vice President Joe Biden.

Obama, under fire from Democrats to defend Medicare and Medicaid health care programs as he seeks to boost flagging support before next year's election, will demand that all Americans share the burden of controlling the budget.

"He will veto any bill that takes one dime from the Medicare benefits seniors rely on without asking the wealthiest Americans and biggest corporations to pay their fair share," a senior administration official told reporters on Sunday.

Medicare, for elderly and disabled Americans, and Medicaid for the poor, are viewed by analysts as the biggest contributors to long-term U.S. deficits, which many voters see as a key issue in the election.

The U.S. budget deficit in 2011 is expected to be about $1.3 trillion.

The super committee of six Democratic and six Republican lawmakers is seeking at least $1.2 trillion in new budget savings over 10 years by November 23. That is on top of $917 billion in 10-year savings agreed in an August deal to raise the U.S. debt limit.

Obama will lay out his recommendations in remarks in the White House Rose Garden at 10:30 a.m. (1430 GMT) on Monday.

He will also propose a "Buffett Rule," named after billionaire investor Warren Buffett, setting a minimum tax rate for anyone making more than $1 million a year.

The tax would only apply to a tiny minority of the millions of Americans who file tax returns, but White House aides said it would set a standard of fairness.

The super committee can ignore Obama's recommendations, which are an opening bid in a three-month marathon to find deficit savings that Congress must approve by a December 23 deadline to avoid automatic cuts in federal spending.

Republican leaders are likely to reject them outright.

"It is disappointing the president has nothing but a fresh slogan for the same job-killing small business tax hikes opposed by bipartisan majorities in Congress," said Michael Steel, a spokesman for top House Republican John Boehner.

UNDER SCRUTINY

Obama's proposals were being scrutinized by politicians and the business world.

Investors want evidence that the political process in Washington is capable of tackling the towering U.S. deficit and the country's mounting debts, after ratings agency Standard & Poor's cut the U.S. AAA rating in August.

A second White House official said the package of proposals add up to over $4 trillion in 10-year deficit savings when the cuts from the August debt deal were taken into account.

Obama, whose approval numbers have slumped over his handling of the economy amid 9.1 percent unemployment and mounting fear of another U.S. recession, is fighting to regain his political footing as the election campaign heats up.

Last week he proposed a $450 billion jobs plan to spur hiring, and promised that would be paid for from some of the savings in his recommendations to the super committee.

These include $1.5 trillion in savings over 10 years from changes to the tax code, and over $1 trillion in savings from drawing down troops in Iraq and Afghanistan. Critics are likely to dispute this saving because the troops are coming home anyway and this is not a new policy proposal.

The recommendations will include cuts of $580 billion in so-called mandatory spending, including $248 billion in Medicare savings. The bulk of those savings would come from "reducing overpayments," officials said, which would hit payments to health care providers.

Obama's proposals left out a number of cuts to Medicare, Medicaid and Social Security that he had put on the table during summer negotiations on a so-called "grand bargain' with Republicans that ultimately went nowhere.

The current plan does not included an increase in the age at which Americans become eligible for Medicare cover, to 67 from 65 years, that was discussed over the summer.

This would make a big contribution to cost savings but is toxic to many Democrats, who say it would significantly increase hardship for the elderly poor.

"If you get into an election year and you are still trying to reassure your base, you're in a really tough spot," said William Galston, a senior fellow at The Brookings Institution in Washington. "If the president starts a big controversy about Medicare benefits (now), then that could very well be the straw that breaks the base's back." (Additional reporting by Caren Bohan, Editing by David Storey and Eric Beech)

Source: http://us.rd.yahoo.com/dailynews/rss/obama/*http%3A//news.yahoo.com/s/nm/20110919/ts_nm/us_usa_debt_obama

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Your Post Directory ? Hives

?My companion (or wireless internet, child, pal) is allergic on the disinfectant I install around my spa club.? Which can be frequent comment produced by many health club and jacuzzi proprietors who can may not be thoroughly and appropriately taking care of it. The one thing is, longing and dermis aversions are almost 99.cases needless. The probiotic making the burning and rash is termed ?Pseudomonas Aeruginosa,? a very regularly developing bacteria present in liquids and soil.?Pseudomonas Aeruginosa,? (Personal assistant) is usually an incredibly opportunistic micro organism. Personal assistant would lead to:The urinary system Treatise InfectionsDermatitis (Skin Sore or Pseudomonas Folliculitis)Respiratory Solution Sicknesses ? every now and then thought to be ?spa club lung?Swimmer?s Experiencing (Otitis Externa) ? please visit your regional surgeon for treatmentOther systemic infectionsIn Spas & Spas, a really likely goal of skin health sores is Pseudomonas aeruginosa (PA). Pseudomonas uses other oil & heavy contianed the health club water (mainly from body system natural vegetable oils & complexion treatment plans added straight into the health and fitness from bathers NOT competently swimming prior to getting into the health spa or spa) may also reproduce hurriedly under supreme disorders (akin to lack of modest sanitizing steps). In swimming laps pools, PA can be located on several departments such as pool grappling, waterfall side, buy actions, etc. PA strikes the hair follicles on your body system. If afflicted, you will definitely become aware of the following character of Pseudomonas Aeruginosa:Tickly trend 8 day spas forty eight occasion after land contamination.Irritated skin can ocurr on arms, legs or shaft of self.Irritated skin disappears 7 to actually junior days devoid of remedy.The first question our team ask clients is ?where? the sore skin is. Because Pennsylvania interests to live on and multiply in water, the ?best? area for that is on any plane of a typical health spa or jacuzzi, but particularly along and along the waterline. Buyers typically tell us that the sore skin is round the back or with all the limbs and even back set by the legs or maybe a series of the majority of spots. Relying on how terrible the ?infestation? set by the Pseudomonas probiotic and the bather?s dependability determine how negative the sudden increase will be. PLEASE Speak to your PHYSICIAN In case your Acute Sores Develops.Remind yourself that the most beneficial fact is always to thwart these kinds allergies from ever stirring firstly. Although liquids chemistry and adequate using sanitizers is considerable, regular purifying and care is also vital. Usual detoxing entails simple things like wiping down then entire listing of spa?s surfaces with the palm or a rag every time you enter. I am positive that seems fanatical (causes my companion a trifle fanatical actually ? but no skin surface allergic reactions in over in your twenties numerous health and fitness control). Wiping down aids in washing and circulation. Basically moving appropriately sanitized and treated liquid number 1 edge of the health spa in which the shelter has sat (creating its own bio-film) would relief in killing useless bacterium which possibly could cause an epidermis trend in the bottom in your arms when you stay under the health spa in your limbs outside, resting also around the side.If you uncertain that your chosen health and fitness or spa club is transporting pseudomonas aeruginosa, perform the following detoxing techniques:Take away the health and fitness.Get rid of the sort and immerse in a very option of the element with atomic number 17 and liquid during cure. (2 Tbsp of granular salt dichlor The element with atomic number 17 per join gallons of drinking water)Cleanse all spa club surfaces that could possibly are available in contact with a bather?s skin (especially part sizes, compilation & back) ? above & below the waterline. Be sure the chlorinated or otherwise handled health and fitness liquids regularly is in communicating to each of these places ? including the best fringe of the spa that is in common with the cover. Apply a little the element with atomic number 17 option as pointed out above.Re-fill the health spa to just above the jets.Shock alongside four periods the traditional drug of SpaGuard? Chlorinating Focus.First start up the jets and flow into for 2 to 3 occasion. The bacterial production typically builds in just the lines, therefore it?s important to flush all of them totally.Just before draining the spa club again, add a plumbers the internet fresher the mentioned Spa Solution Get rid of or Twirl For help break up any increase of bio-film inside the traces (this is an ideal mending stride to trust any moment that your particular spa is gulped up and refilled)Re-fill along with fresh water.Chemically fresh (apply a more bracing comparable to SpaGuard? Sort Cleaner?) and / or replace the filter. Chemically washing the organize helps to eliminate accrued greases, oils, dead epidermis, etc.Rebalance spa and stunning. Chlorine amount: 1.0 ? here?s a few.0 ppm, Bromine: 2.join ? couple.0 ppm; pH 7.4 ? 7.6, Full Alkalinity 100 ? 140 ppm, Calcium Stiffness over two hundred ? 250 ppm. (if utilizing differrent kinds sanitizers, remember to conform to all manufacturers? sticker guide). Really do not penetrate health club until eventually sanitizer (anti-bacterial) stage loses below 4.0 ppm.Being an additional precaution, our team Fiercely Commend fixing the root of many health club or health club insulating hide that has a products resembling BioGuard? Pack Away? (contains quarternary ammonium increases, which if used properly manipulates mushroom). Clear your insurance alongside Horde Away? whenever you remove, wash & recharge ones health spa or health and fitness. You might further desire to use a product resembling Spotless Pollution which intensifies manage odors and discoloration inner area health and fitness cover stuffing foam.Not washing the duvet could re-contaminate the spa or hot tub external in the PA probiotic.

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Written by: LamontJusta220 on 19 September 2011.

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