May 28, 2013 422 Views Case-Shiller Indices Post Yearly Gains in All Cities Share Home prices posted their strongest yearly gain in almost seven years in March, with both the 10- and 20-city indices seeing double-digit gains, according to the “”Case-Shiller Home Price Indices””:http://www.standardandpoors.com/indices/articles/en/us/?articleType=PDF&assetID=1245352206402 released Tuesday. The national index, reported quarterly, was up 10.2 percent.[IMAGE]From February to March, prices increased in 15 of the 20 cities surveyed, falling in two and staying flat in the remaining three.Economists had forecast the 20-city index would rise slightly to 147.6, an increase of 0.7 percent for the month and 10.1 percent over March 2012.Month-over-month, the 10- and 20-city indices improved 1.4 percent in March, the fastest gain for each index since last July. The national index advanced 1.2 percent for the quarter.The 10- and 20-city indices have improved year-over-year for 10 straight quarters, the first time that├â┬ó├óÔÇÜ┬¼├óÔÇ×┬ós happened since 2006. The quarterly index has improved year-over-year for four straight quarters, also for the first time since 2006.The Case-Shiller surveys covered the same month for which the National Association of Realtors reported the median price of an existing single family home rose 6.2 percent.The three cities that showed no growth (and one of the cities in which prices fell for the month) were in the Midwest, indicating continuing struggles in the region.Nonetheless, the March report was an improvement over February, when prices rose in 11 cities while falling in eight. The three Midwestern cities in which prices were flat in March–Chicago, Cleveland and Detroit–had [COLUMN_BREAK]seen price declines in February. The price drop in Minneapolis in March, 1.1 percent, was steeper than the 0.8 percent in February. New York was the only other city in which prices fell in March, dropping 0.4 percent after increasing 0.4 percent in February.Chicago and Detroit each saw declines in household employment in March, while in Cleveland and Minneapolis, employment barely grew.Monthly price gains were led by San Francisco, where prices grew 3.9 percent to their highest level since July 2008. Prices increased 3.0 percent in Seattle to the highest they├â┬ó├óÔÇÜ┬¼├óÔÇ×┬óve been since August 2010. Las Vegas and Portland, meanwhile, each saw 2.7 percent gains (to their highest levels since May 2009 and August 2010, respectively), while Tampa experienced a 2.6 percent improvement (to its highest level since October 2009). Finally, prices also rose in Charlotte to a level not seen in years (a 2.4 percent gain to the highest point since December 2009).Every city surveyed showed annual price gain, led by Phoenix, where prices grew 22.5 percent; San Diego (up 22.2 percent); Las Vegas (up 20.6 percent); Atlanta (up 19.1 percent); and Detroit (up 18.5 percent).Overall, the 10-city index rose to 161.48, its highest level since August 2010, while the 20-city index improved to 148.65, also the highest level since July 2010. It was the fourth straight month-over-month gain for each index.While the report showed national strength, there were some regional weaknesses. Prices failed to grow in Chicago after six straight monthly declines; they dropped in Minneapolis for the third month in a row, and in New York, the price drop was the sixth in the last seven months. The price increase in Washington, D.C., was the first after six straight months of decline.The report, however, showed a steady improvement in prices in the West. Prices have increased in Phoenix for 18 straight months, in Los Angeles and San Francisco for 13 straight months, and in Las Vegas for 12 straight months. The 10-city index is down 28.6 percent from its June 2006 high of 226.29, and the 20-city index is off 28.0 percent from its July 2006 peak of 206.52._Hear Mark Lieberman Friday on P.O.T.U.S. radio, Sirius-XM 124, at 6:20 a.m. Eastern._ Agents & Brokers Appraisals Attorneys & Title Companies Existing-Home Sales Home Prices Home Values Investors Lenders & Servicers Mark Lieberman National Association of Realtors Processing Realtor Association S&P/Case Shiller Home Price Indices Service Providers 2013-05-28 Mark Lieberman in Data, Government, Origination, Secondary Market, Servicing
Categories: Roberts News,Roberts Photos 13May Rep. Roberts’ hunting bill signed by governor Legislative package redefines firearms Gov. Rick Snyder has signed into law legislation authored by state Rep. Brett Roberts that clarifies appropriate hunting practices. House Bill 4154 is Rep. Roberts’ first to be approved by both houses of the Legislature and signed into law by the governor.The bill, now Public Act 24 of 2015, is part of a package introduced by several lawmakers in an effort to redefine what constitutes a firearm. Antiquated laws that have been on the books for more than 60 years stipulated that pneumatic guns—such as pellet rifles that use no explosive power to discharge—fell under Michigan’s definition of a firearm. In an effort to become more consistent with federal law, the legislative package specifically excludes pneumatic weapons from Michigan’s interpretation of a firearm.“It simply doesn’t make sense that we can charge a minor with possession of a firearm for shooting a pellet gun at pop cans in his backyard,” said Rep. Roberts, R-Eaton Township. “The truth is that the former laws were outdated and needed some significant changes to reflect modern-day technology.”Other bills in the package signed into law included HBs 4151-4153, 4155, 4156 and SB 85.###
Categories: News,Noble News 16Jan Rep. Noble helps introduce Michigan House tax relief plan State Rep. Jeff Noble of Plymouth today introduced legislation to help provide substantial income tax relief for Michigan families.Noble is one of the primary sponsors in a package of bills to continue and increase personal exemptions for Michigan taxpayers and their dependents on their income taxes, while providing additional relief for senior citizens.“Lowering taxes will make Michigan a better place to live and raise a family, and that’s what our work as legislators is supposed to be all about,” Noble said. “The money collected through taxes belongs to the people – not politicians. It’s time families and seniors get to keep more of it for themselves.”The package introduced today ensures Michigan taxpayers can continue claiming personal exemptions on income taxes after federal tax reforms signed into law last month. In addition, the legislation increases the state personal exemption from the current $4,000 to $4,300 for the 2018 tax year, with gradual increases reaching $4,800 for 2020.Noble’s bill specifically ensures taxpayers in Michigan cities with an income tax will continue to be able to claim exemptions in relation to the Michigan income tax, rather than the federal tax code.Other legislation in the package helps senior citizens in addition to the personal exemption increase. The legislation provides a $100 refundable income tax credit for a single filer age 62 or older – or $200 for joint filers.House Bills 5420-22 were referred to the Tax Policy Committee for consideration.###
Categories: Green News,News 07Mar Michigan House approves Rep. Green’s legislation benefiting outdoor recreation projects The Michigan House today approved State Rep. Phil Green’s legislation to support outdoor recreation and natural resource protection projects across the state.The vote is a key step toward final approval of Green’s measure providing $26 million for 34 recreational development projects and 30 land acquisition projects statewide, including one in Huron County. The money would come from the Natural Resources Trust Fund, which according to the Michigan Constitution can only be used to support these types of projects.“I’m glad to see the broad, bipartisan support this plan is receiving,” said Green, of Millington, after the House approved his bill by a 105-0 vote. “There’s something for everyone to embrace in this plan supporting our way of life here in Michigan. – including a love for the outdoors and our state’s natural beauty.”The project investments outlined in Green’s proposal were recommended by the Natural Resources Trust Fund Board in December. The recommendations are subject to approval by the Michigan Legislature, a process accomplished through Green’s legislation. House Bill 4244 next advances to the Senate for further consideration.The recommended project list includes developments or land acquisitions in many areas of the state. Included is $49,000 to buy property along Lake Huron and expand Lincoln Park in the city of Harbor Beach.Money in the Natural Resources Trust Fund comes from the development of minerals on state land and is distributed on an annual basis in partnership with local governments.
ShareTweetShareEmail0 Shares January 21, 2014; Bangor Daily NewsIn 2012, the NPQ Newswire watched as a homeless bill of rights progressed through the Rhode Island legislature on its way to Governor Lincoln Chafee’s desk. The historic legislation prompted us to ask what a homeless bill of rights should contain.The idea of a homeless bill of rights has recently captured the attention and perhaps the imagination of many other localities and states. This month, Duluth, Minnesota passed a homeless bill of rights resolution, though both its sponsor, City Councilor Sharla Gardner, and the executive director of the city’s largest homeless shelter, Lee Stuart with CHUM, referred to the resolution as “symbolic.” In Vermont, state representative Kesha Ram, a Democrat, has introduced a homeless bill of rights bill, and in Hawaii, HB1889, introduced by state senator John Mizuno, another Democrat, would do the same.In the wake of Rhode Island’s bill, Connecticut also passed a homeless bill of rights law last year. In Connecticut, the enumerated rights of the homeless are as follows:Move freely in public spaces, including on public sidewalks, in public parks, on public transportation and in public buildings without harassment or intimidation from law enforcement officers in the same manner as other persons;Have equal opportunities for employment;Receive emergency medical care;Register to vote and to vote;Have personal information protected;Have a reasonable expectation of privacy in his or her personal property; andReceive equal treatment by state and municipal agencies.The proposed bill of rights in Hawaii contains the same list of rights. Like the homeless bill of rights that was enacted by the state of Illinois last year, the protections accorded the homeless appear to deal with the deprivation of services they face because of the lack of a permanent address. What these bills do not propose, even symbolically, is that the homeless have a right to that which would make them no longer homeless—a right to shelter or a right to housing.Sometimes, you have to wonder what the legislators might be thinking when they propose a homeless bill of rights. The sponsor of the pending Hawaiian legislation, State Senator Mizuno, was also the prime mover behind the state’s “Return to Home” program, designed to give some of the state’s 17,000 homeless one-way tickets out of the state. The theory of Mizuno and others is that it is cheaper for the state to hand out airline tickets to the homeless than to pay for their longer-term needs for housing and services. Mizuno’s ticket scheme might, if it were effective, reduce the numbers of the homeless in Hawaii, but wouldn’t do a thing to get at the causes of their homelessness.Hopefully, these homeless bill of rights initiatives can serve as broad-based mechanisms for educating the public about the conditions faced by homeless persons and for mobilizing advocates for the homeless to press for proven homeless housing programs such as Housing First. –Rick CohenShareTweetShareEmail0 Shares
Share158Tweet11Share5Email174 SharesUnequal Justice in America / DonkeyHoteyApril 13, 2016; Mic.comWhile Bill Clinton may still publically be supporting his massive 1994 federal crime bill, many local, state, and federal prisons continue to struggle under the weight of mass incarceration, the impact of which the bill exponentially expanded. Continuing in its effort to counteract mass incarceration, the MacArthur Foundation has announced for the second year initiatives helping localities reduce their jail populations while also addressing the racial and ethnic disparities apparent in our local jails. According to the foundation, these grants are “part of the first-ever coordinated, data-driven effort to reform the use of jails.”“The way we misuse and over-use jails in this country takes an enormous toll on our social fabric and undermines the credibility of government action, with particularly dire consequences for communities of color,” said MacArthur President Julia Stasch in a press release. “The thoughtful plans and demonstrable political will give us confidence that these jurisdictions will show that change is possible in even the most intractable justice-related challenges in cities, counties, and states across the country.”Totaling over $25 million, 11 jurisdictions will receive grants between $1.5 million and $3.5 million toward new reform efforts over two years while another nine districts will receive $150,000 each to continue local programs and projects currently in place. The grant initiative for the 20 districts is part of the foundation’s Safety and Justice Challenge, a $75 million national outgrowth and investment similarly focused on addressing mass incarceration and shifting the public view on the use of jails.Districts to receive from $1.5 million to $3.5 million in grants:Charleston County, SC (includes North Charleston)Harris County, TX (Houston)Lucas County, OH (Toledo)Milwaukee County, WINew Orleans, LANew York City, NYPhiladelphia, PAPima County, AZ (Tucson)St. Louis County, MO (includes Ferguson)Spokane County, WAState of ConnecticutDistricts receiving $150,000 in grants, all of which are previous 2015 recipients:Ada County, IDCook County, ILLos Angeles County, CAMecklenburg County, NCMesa County, COMultnomah County, ORPalm Beach County, FLPennington County, SDShelby County, TNAccording to the press release from the foundation, the districts were strategically chosen to be reflective of other communities, including larger cities as well as smaller and mid-sized localities. The hope is that with reform, these districts might also serve as models for other communities.Through a rigorous selection process, each of the chosen districts was required to submit a data-supported plan for the specific factors driving incarceration in their locality and how they would utilize the grants to reform their local jails. The plans also addressed universal issues plaguing federal, state, and local systems, including mental health and substance abuse concerns, ineffective pretrial procedures, and high bail amounts, with realistic solutions.For example, Charleston, South Carolina is planning on using part of its grant to open a triage center to divert incoming inmates with mental illnesses from prison. Lucas County, Ohio will launch a series of pre-arrest programs to educate law enforcement on implicit bias and de-escalation procedures to help provide alternatives to arrests and jail. Likewise, efforts in St. Louis County, Missouri will focus on what it believes to be the two main drivers of jail incarceration: pretrial detention and probation violations. In part, they hopes to drive down over-incarceration by expanding the offenses for which one can be eligible for pretrial release. Not only would more defendants be released awaiting trial or further updates on their case, but the county would also provide a variety of support services to ensure the safety of the defendant and the community.Last year, the foundation chose 20 districts to receive at least $150,000, but noted ten of them would also receive between $500,000 to $2 million annually to continue their work. Many of the localities chosen for these initiatives have documented criminal reform issues that illustrate the need for, and possible impact of the funding. As we noted in our coverage of the annual report on wrongful convictions, Harris County continues to lead in the number of overturned wrongful convictions for drug possession. Moreover, as NPQ has been covering, Louisiana, including New Orleans, struggles with a lack of funding for its public defenders’ offices.On the other hand, we also know that some of the districts included, like Cook County, Illinois, have already made significant strides in reforming their jails. Last May, officials asked a clinical psychologist to take over as warden of Cook County Jail, which houses around 10,000 inmates. While this hire doesn’t seem to be part of the foundation’s grants last year, it does illustrate the steps local communities are taking on their own to address criminal reform issues. The MacArthur grants can complement these efforts while freeing public funds to address other issues.—Shafaq HasanShare158Tweet11Share5Email174 Shares
Share38TweetShare5Email43 SharesBy User Eteru of Polish Wikipedia (own work by Eteru) [Public domain], via Wikimedia CommonsMarch 7, 2017; Voice of San DiegoWith increasingly limited public funds being allocated by cities for nonprofit arts and culture organizations, good stewardship of such funds matters now more than ever. It’s not hard to understand how over time the San Diego Commission for Arts and Culture developed a complicated process for requesting and awarding grants; that process included lengthy applications and panels of community volunteers, no doubt intended to provide due diligence and give taxpayers a voice in funding decisions. For the arts community, however, the application process had become cumbersome or even intimidating—especially for smaller organizations—and the grants decisions did not always feel fair.San Diego offers two streams of arts grants, both funded with proceeds from the city’s hotel tax. One program funds operating costs; the other, specific community events. The total amount of funding varies from one year to the next and must be approved through the city budget process. Until recently, arts groups seeking funds had to complete long applications, which were reviewed by well intentioned but often untrained community volunteers. These volunteers scored each prospective grantee on “everything from financial health and organizational structure of a nonprofit to the value of its programming.”Under new leadership—executive director Dana Springs and commission chair Larry Baza—the San Diego Commission for Arts and Culture has developed a fresh approach to the entire process. Last year, they streamlined the application itself, adopting a “fairly standard city procurement process that starts with a simple request for qualifications [RFQ], followed by a request for proposals [RFP].”This year, in partnership with the city’s Economic Development Department and the University of San Diego Institute for Nonprofit Education and Research, the Commission offered a two-day outreach program called The Nonprofit Academy to educate nonprofits about how to successfully apply for city funding. (So many nonprofit leaders signed up, the city had to start a waiting list.)The RFQs are now reviewed by Commission staff, city arts commissioners, and experts from the University of San Diego—all with enough technical expertise to strengthen this part of the process and determine which nonprofits should be invited to submit RFPs.Community volunteers still play an important role, however, serving as panelists who review and score the RFPs. These panel meetings are now open to the public, which increases the transparency of the process for everyone involved. The panel scores, along with the relative budget size of the arts groups and the total grants budget approved by the city, are used by the Commission to determine the specific grant amounts.Another goal of changing the Commission’s grants process was to “increase the diversity and number of applicants that applied for arts funding,” ensuring that more local arts groups knew about the grants programs. The streamlined processes and increased outreach seem to be working—15 organizations that had never applied for city arts funding before did apply this year. While the total number of applications remained flat, both Baza and Springs expect to see more applications going forward.Other cities might benefit from studying the new model adopted in San Diego, which makes city-funded grants accessible to more cultural groups and makes the review process more transparent—while at the same time enhancing due diligence and keeping community members engaged in awarding public funds.—Eileen CunniffeShare38TweetShare5Email43 Shares
UK pay TV broadcaster BSkyB is eyeing the launch of an in-house distribution arm as it looks to take advantage of its increased spending on original content. The News Corp-backed company is currently exploring options as to whether to acquire an existing distributor or set up a new international sales operation from scratch.A Sky source told DTVE’s sister publication TBI that such a move would help the company monetise this content, which is largely produced by UK independent producers, and would allow it to reinvest in future commissions.Sky has significantly increased its spending on British comedy and drama, with plans to spend up to £600 million (€760 million) on original content by 2014. This year, it has launched new series including fireman drama The Smoke and Charlie Brooker’s A Touch of Cloth. This move would not affect Shine International, the global sales arm of the News Corp-owned production company.
German cable operator Kabel Deutschland (KDG) has rolled its VOD service out to around 290,000 homes in Bremen, Wilhelmshaven and Wolfsburg.Households in those areas can now choose from up to 6,000 movies and TV episodes from KDG’s Select Video platform. The expanded service now reaches around 2.3 million homes.
Guillaume de PoschFree-to-air broadcasters need to “move away a bit from this advertising-funded business model into more sophisticated business model”, according to RTL Group co-CEO Guillaume de Posch.Speaking at Cable Congress in Brussels, de Posch said that the TV business is becoming more complex due to more TV channels, new online distributers like Netflix and Amazon and more devices.“We used to have broad, general entertainment channels – we need now to go nicher and nicher,” said de Posch, claiming that going niche, moving from linear to-non linear and developing new business models are three “major shifts” occurring in the TV industry.One part of RTL’s strategy that he identified was the development and investment in non-linear channels to adjust to the continuing evolution of viewing habits.De Posch said that internally, RTL had planned for around 15-20% of content consumption in three to five years to be non-linear. “Is this a disruption for us? Yes, in a way. Could it be 70%? Yes, that would be disruption and we need to hedge and get prepared for that,” said de Posch.“I would say our strongest response to non-linear television in the last two years or three years has been to heavily invest into multi-channel networks,” he added, claiming that investing in the US was a tactical move that enables RTL able to distribute web content worldwide, including back in Europe.Last November, RTL Group agreed to pay US$107 million (€85 million) to buy a controlling stake in StyleHaul – a multi-channel Youtube network dedicated to fashion, beauty and lifestyle. A year earlier, in June 2013, it invested €27 million in BroadbandTV, another leading MCN.RTL’s other investments in the digital space include its July 2014 investment in in US video advertising platform SpotXchange. RTL paid €107 million to take a 65% majority stake in the firm, claiming the deal established it as the first major broadcaster to invest in the rapidly growing market of programmatic online video advertising.De Posch said that TV firms need to look at how they can make an additional business out of targeted advertising, and how to better harness available data about customers’ profile and viewing habits.
Discovery Communications is to acquire a minority stake in a premium OTT sports service, as its push into sports content continues.RugbyPass is a digital content platform that operates across 23 Asian territories that Coliseum Sports Media launched earlier this year.Following Discovery’s investment, RugbyPass will offer its subscribers content from Discovery-owned Setanta Sports Asia.“In partnership with CSM, our investment in RugbyPass will provide sports fans with greater access to the world’s best rugby competitions, making content that they love available on more screens, when and wherever they choose to watch it,” said Arthur Bastings, president and managing director of Discovery Networks Asia Pacific.Rugby – traditionally popular in parts of Europe, Australasia and Africa – is growing in stature in Asia, with Alibaba recently closing a major content agreement with World Rugby.Discovery has become a key player in global sports content after taking control of Eurosport, buying Setanta Sports Asia in June last year, and most significantly, acquiring rights to the Olympic Games in Europe.The news comes after Discovery Networks Asia-Pacific’s executive VP and general manager – south Asia, Rahul Johr, resigned in February, with Bastings taking over his duties.
Sony DADC New Media Solutions’ Ven.ue platform has delivered its 10 millionth file as a fully cloud-based solution.The OTT solutions provider announced the milestone at IBC and said it is now averaging 190,000 file deliveries per month from a repository of 1.26 million hours of content from 450 content owners globally.“While others seem to endlessly debate the emotional, economic, and strategic merits of going all-in on the cloud, we were able to cut through the noise and deliver on this promise to our clients,” said Andy Shenkler, executive vice-president and chief solutions and technology officer of Sony DADC NMS.“The benefits we have unlocked by fully committing to a cloud strategy are clearly seen by our clients and the advantages they are realising cannot be understated.”NMS said it will continue to use the power of the cloud to increase its support for large format innovations for 4K and UHD content.Sony DADC NMS will showcase Ven.ue at at the AWS Elemental booth at IBC at hall 5, stand C80
European media groups needs to come together to create something like a “European Hulu”, according to Olivier Schrameck, director-general of French media regulator the CSA.Olivier SchrameckSpeaking at an event at the Université Paris 2 Panthéon Assas, Schrameck said that such an initiative would “of course” have to take into account “the variety of languages and cultures” in Europe.Schrameck recalled that when, in 2013, he had suggested there could be a need for a “French Hulu”, media leaders responded with incredulity.“The audiovisual industry has common interests that are stronger than its differences,” he said, warning against complacency about “Trojan horses” represented by groups that avoided their responsibilities.Schrameck said that there was need for closer collaboration between audiovisual regulators to facilitate this kind of initiative. He argued that the European Regulators Group for Audiovisual Media Services (ERGA), the group set up by the EC to advise on the audiovisual media service directive, would serve as a key anchor for the implementation of a directive that addressed the need for financial support for European content.He said that regulatory cooperation at European level was crucial in giving European media groups a solid framework in which to develop collaborative approach and an “organised convergence”.Schrameck said the CSA was leading by example, citing its involvement in Mediterranean area regulatory association the RIRM, which encompasses 26 countries around the Mediterranean, and Francophone area media regulators group REFRAM.
Telecom Italia CEO Amos Genish has welcomed a decision by communications regulator AGCOM to launch a public consultation on the telco’s plans for the separation of its network arm.Amos GenishSpeaking on the sidelines of a meeting for the presentation of the company’s annual report, Genish said that he was nevertheless concerned about moves to push down the wholesale prices that the network arm of the company can charge to third-party operators. He said that the regulated prices did not always seem to take into account the costs sustained by the unit.Genis said that the ruling by ACGOM opened the way to separateion of the netowr4k company by January next year. However, he said it would be necessary to create a sustainable model for wholesale prices, after sharp falls over the past two years.AGCOM said last week that TIM’s proposal for the separation of its infrastructure arm is admissible for a market analysis and would be submitted to a public consultation.TIM’s board had approved the company’s plan to create a separate legal entity for the infrastructure arm, 100% owned by TIM, in March.The move came after the Italian government triggered its ‘golden power’ to intervene in cases concerning assets of strategic national significance.
ShareTweet guildhall squareNW BIKE FESTIVAL ROLLS INTO TOWN THIS WEEKEND On Sunday in the Guildhall Square there will be the addition of a high speed street velodrome, with some heart pounding, action packed theatre of track style cycling.Mayor of Derry City and Strabane District, Alderman Hilary McClintock, encouraged people to support the event this weekend.“The NW Big Bike Festival is a fantastic opportunity for families to enjoy some great entertainment and maybe try out some of the biking activities for themselves.“I hope it gets people more active and out and about enjoying the many great greenways and scenic routes across the district.” IT’S all action in the Guildhall Square this weekend as the NW Big Bike Fest gets underway, featuring a giant televised velodrome and some of the best stunt cycling in the country.Organised by Derry City and Strabane District Council with support from Tourism NI and Sustrans, the event is just one of the highlights of the exciting line up of bike orientated activity taking place as part of NI Bike Week,Following on from the success of the Maiden City Criterium on Tuesday night, there will be more serious pedal power on display at the Bike Try Out Roadshow over the weekend, followed on Sunday by a high speed street velodrome.On Saturday in the Guildhall Square there will be the opportunity to join in the fun at the Bike Try Out Roadshow, with Mega Bikes, KMX Karts, Bike Simulators and even a Bike Powered Smoothie Maker! Other activities include a Bike Powered Scalextric and why not try your hand at creating some Bike Art? Tourism Officer with Derry City and Strabane District Council, Mary Blake, said the festival provided a great opportunity for people to enjoy the local countryside.“I am delighted that Tourism NI have agreed to support the NW Big Bike Festival, which offers a great platform for people to enjoy the fun and high adrenalin events on offer this weekend.“I hope to see people out supporting the many exciting events. The programme will feature everything from aerial stunt displays to street velodrome as well more leisurely cycling opportunities.”Sustrans Area Manager Ross McGill said: “We’ve tried to keep the programme as diverse as possible, with plenty of action, breath taking displays and opportunities for people to try out some of the latest innovations in cycling.“With high speed races, traffic-free family rides and pedalling picnics we hope there will be something for everybody.”For more leisurely bike lovers Saturday will feature the Wild Foodie Cycle exploring the beauty of the Sperrins taking in the rural villages of Eglinton and Park Village and sampling some of the best locally sourced cuisine.“And for early risers the Dawn Cycle will leave St Columb’s Park House at 7.30am for a tranquil four mile trip along the local riverside greenway paths.Throughout June Schools and local businesses will be encouraging pupils and commuters to ditch the car and cycle to work with free breakfasts for those participating.And with 2016 being Northern Ireland’s Year of Food and Drink, there will also be special discounts for customers arriving by bike at participating restaurants and cafés in Derry and Strabane as an added incentive!The Festival finally closes on June 18th in Strabane with a full day of high flying two-wheeled aerobatics with the 360 Stunt Team.As well as these events there will also be a number of opportunities for local schools to get involved, with free breakfasts for pupils participating in Bike to School days across the district, and exciting cycling demonstrations.These are just some highlights from the Festival programme and more details about how you can get involved are now available at www.derrystrabane.com/bigbikefestNW BIKE FESTIVAL ROLLS INTO TOWN THIS WEEKEND was last modified: June 9th, 2016 by John2John2 Tags:
Linkedin NEW YORK (AP) – Walmart says it will no longer sell firearms and ammunition to people younger than 21.The retailer’s new policy comes after Dick’s Sporting Goods announced earlier Wednesday that it would restrict the sale of firearms to those under 21 years old. It didn’t mention ammunition. Walmart says the decision came after a review of its firearm sales policy in light of the mass shooting at a high school in Parkland, Florida.Walmart Inc. stopped selling AR-15 guns, and other semi-automatic weapons in 2015. It doesn’t sell bump stocks, the accessory attached to a semi-automatic gun that makes it easier to fire rounds faster. It also doesn’t sell large-capacity magazines.The retailer says it is also removing items resembling assault-style rifles from its website. National NewsNewsWatchTop Stories Walmart sets age of 21 to buy firearms, ammunition By Tyler BarkerFeb 28, 2018, 21:09 pm 447 0 Tumblr Twitter Google+ Home NewsWatch National News Walmart sets age of 21 to buy firearms, ammunition Leave a Reply Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website Tyler Barker Tyler Barker is currently the Interim News Director and Digital Content Manager for WOAY-TV. I was promoted to this job in Mid-November. I still will fill in on weather from time to time. Follow me on Facebook and Twitter @wxtylerb. Have any news tips or weather questions? Email me at email@example.com Mail Facebook Next PostHouse Passes 5-percent Pay Raise for Teachers, Service Personnel and State Police Pinterest Previous PostOak Hill Man Arrested After Thousands in Drugs, Cash Found in His Home
Home NewsWatch Featured Black Knight Country Club Reopening To The Community Twitter This is all due to the Beckley City Council approving the purchase of the local country club Black Knight on Tuesday March 27, 2018 this was after the country club closed its doors in December of 2017. FeaturedLocal NewsNewsWatch Black Knight Country Club Reopening To The Community By Daniella HankeyMar 29, 2018, 09:05 am 684 0 Google+ BECKLEY, WV (WOAY)- One local and loved by the community Country Club is opening back up very soon. As the announcement of the country club re-opening, many events have already been planned at the venue. The reopening of the country club can be a great aspect for tourism and bring more visitors to the Beckley community. Daniella Hankey Pinterest Tumblr Linkedin Mayor Rob Rappold of Beckley, is thinking of ways on how to make the overall experience for visitors better than before. Previous PostWest Virginia airport buys dog to chase birds off runway Mail Facebook Next PostLittle Girl ‘Outfoxes’ Parents In Bedtime Negotiation Leave a Reply Cancel reply Your email address will not be published. Required fields are marked *Comment Name * Email * Website
In This Issue. * The dollar swings into rally mode. * Only pound sterling & rupees with gains today. * Stevens talks of a low chance of intervention. * Man beats machine! And Now. Today’s A Pfennig For Your Thoughts. The Call Has Been Made.. All Will Obey! Good Day! And a Wonderful Wednesday to you! Another walk-off win this time in the 9th inning last night by my beloved Cardinals! WOW! Again, I’m not awake when this late inning magic happens, but I do get to see it on the replay each day when I get home. What a great way to wake up though! The summer heat has finally shown up here in St. Louis, which in St. Louis means the summer heat brings along the humidity. But, Shoot Rudy! It’s summer, it’s supposed to be this way! Hot town, summer in the city, back of my neck getting dirt and gritty. Today is my darling daughter, Dawn’s, birthday. My little girl. Well, after about 10 days of mixed currencies stuck in the mud with no real movement either way, the dollar is heating up this morning. As I look over the currency screens, it appears that pound sterling and Indian rupees are the only two currencies with gains VS the dollar this morning. The rest, and I mean the rest, are down. Some are down more than others. I have an interesting story to tell you about what happened in New Zealand last night. So, shoot, why don’t we get right to that! Recall yesterday I told you that dairy prices in N.Z. had dropped and that had caused the New Zealand dollar/ kiwi to lose ground VS the dollars of the U.S. and Australia. Well, get this! (this was reported by the Daily Reckoning Australia’s Nick Hubble. Bloomberg apparently released the headline: “Whole Milk Powder Prices Fall 11.5%”. Unfortunately, it turned out that Bloomberg had released last month’s result again instead of the new data! Once this was figured out yesterday, kiwi surged back. Unfortunately, kiwi was not able to hold those gains overnight. The point that Nick Hubble was making in his report was that the computer algorithms designed to read headlines and trade them faster than humans did the damage before humans could correct the problem. “Man over Machine”. You’ve got to love that one! OK. All dressed up with nowhere to go! The first two days of this week, I had kidded about the markets getting all gussied up for the July CPI print. Well, it printed, and didn’t give anyone a reason to party, well, no wait. stocks loved it, and so did bonds. But the stupid CPI rose .1% month on month and 2% year on year. which is down from June’s year on year reading of 2.1% I like to think of this as a “we were told, but didn’t listen type of thing.” You see what I’m talking about here, is simply that in last month’s Fed meeting, Janet Yellen told us that the rise in inflation was merely “noise”. So, were you listening? Basically she told us “don’t worry, be happy” that inflation will not rise. and voila! It didn’t! Now, that’s pretty amazing how that all worked out isn’t it? No reason to raise rates, for there’s no inflation. move along, these are not the droids you’re looking for! So.. Inquiring minds need to know why then is the dollar rallying this morning? Wasn’t the dollar’s previous rally all about how interest rates were going to be rising faster than previously thought here in the U.S.? Well, the answer to that is a big fat YES! So, why in the world is the dollar rallying? Ahhh grasshopper, there it is, right before my eye. Goldman Sachs says it is to be. The ruling from above has been made, all subjects must obey this new decree by our leader. All who disobey this new decree will be punished. OK, that’s not how it came about, but it sure feels like that’s how it came about! Goldman Sachs issued a report that calls for higher interest rates in the U.S. and further gains in the dollar. And we all know better than to step in front of the Goldman Sachs bus when they make a call. So, not unlike me, who told you all two weeks ago, which by the way is 14 days, a fortnight if you will, before Goldman, that we should get ready for a month or two of dollar strength. I had been really surprised the last two weeks, a fortnight if you will, when the dollar’s rally stalled. But now it’s back, and refueled by G.S. (and I don’t mean the Girl Scouts!) You know me. I’m going to tell you all about dollar rallies in 2005, 2008, 2010, and 2012, that all petered out, and that by battening down the hatches and looking for opportunities to pick up more currencies and metals at cheaper prices was the way to deal with those short-term rallies. I say, if it’s not broke. don’t attempt to fix it, right? So, batten down the hatches, folks. it looks like it’s time to duck and take cover. I’ll let you know when it’s OK to open up the hatches again. OK, the reason the pound sterling is rallying today, after I spent a good part of yesterday, telling you that interest rates weren’t going anywhere in 2014, and Carney was caught reaching into his bag-o-promises again, the Bank of England (BOE) meeting minutes printed. And these minutes showed that the Monetary Policy Committee (MPC) vote was split on when the first rate hike would take place. But remember, this meeting took place before the drop in CPI (consumer inflation) that printed yesterday. I wonder what these members of the MPC would think now.. But don’t let that get in the way of a “feel good story” for pound sterling this morning. I would think that this rally would be short-lived. because of the reason I just talked about. The Aussie dollar (A$) has slipped back below 93-cents this morning. Reserve Bank of Australia (RBA) Gov. Stevens, gave a prepared text speech last night and didn’t say anything new about the direction of interest rates (they are on hold for now) but he did give some insight to what he’s thinking about regarding the A$ and intervention. First, we must remember that Stevens has been very vocal about the A$ strength, saying over and over again that the A$ strength was unwarranted given the weakness in commodity prices. So, when he was asked about intervention to get the A$ weaker, he responded in a surprising manner. He said that the prospects of intervention were low, given that they see the likelihood of it succeeding as low. WOW! Listening to that, I would have thought the A$ to be rallying. But, the U.S. dollar strength this morning is too strong. The euro is at an 11-month low VS the dollar this morning, having fallen through the 1.33 figure overnight, which makes sense given the dollar strength. I had a long phone conversation with Eric King of Kingworld.com yesterday regarding the dollar and the euro. He was very interested in what I had to say about the euro and the Eurozone 3 to 5 years out. You dear Pfennig Readers all know what I think about that, as I’ve beaten the drum for over 2 years now. So, the dollar can take liberties with the euro now. But, when the euro comes back, it will do so with a vengeance! I still haven’t gotten to my: Things That Make You Go Hmmm, letter from Grant Williams this week. maybe later today. But in a past letter, Grant talks about how Japan is a basketcase, which is something I’ve called them for some time now, so there you go. Great minds thinking alike! HAHAHAHAHA! At least one great mind is there! (Grant) Last night, Japan posted another monthly Trade deficit, which was worse than expected at -1 Trillion yen VS a consensus of -800 Billion yen. Long ago, I explained to you about how the yen used to hold a “get out of jail free card” for having a strong Current Account, even though their Gov’t debt was astronomical. But then the Current Account wasn’t so strong any longer, and these Trade Deficits, which make up a huge piece of the Current Account, began to get booked, and now things are getting even worse, as the recent trend with Trade Deficits is that they print worse than expected. That means simply that exports are disappointing and will mostly likely continue that way. Yen finally pushed through the 102 handle to 103 and change overnight.. (remember, yen is a European priced currency, which means as the price rises, it loses more value to the dollar) I’ve said for over a year now, when PM Abe introduced his 3 arrows program, that yen would get to 110. Sure I’ve had egg on my face, as the currency couldn’t ever get past 102. Well, maybe the next leg down is upon us. Yesterday, I talked about Diary of a Rogue Economist creator, Bill Bonner, and how he continues to think, along with me, that the U.S. is just following Japan down the slippery slope of slow growth and debts building. I reread his letter from Monday, and thought you all should read it too. so, click here and get to reading: http://bonnerandpartners.com/japanese-women-armed-chainsaws/ And while you’re there, you will probably want to subscribe! So, the dollar is swinging a mighty hammer this morning. I truly expect this to be the case for the next month or two, or maybe even longer, until the U.S. begins to experience the lack of liquidity that’s going to hit us right between the eyes. And then all non-Pfennig readers will be scratching their heads and saying: “How come we didn’t know that this was going to happen? For if we did we would have been better prepared!” Yeah, right. Sure you would have gotten better prepared. You’ve heard of leading a horse to water, right? The Fed’s Jackson Hole boondoggle is getting going. I guess my invitation got lost in the mail! As if they would want a dookie disturber like me among what they are calling the “Elite Economists”. I’m sure this is the last I’ll talk about the boondoggle, for I doubt it will reveal anything of interest. The Bloomberg has an article about how Jackson Hole attendees are awaiting Yellen’s view on labor slack. As if! Gold got whacked yesterday. While I was talking to Eric King, I mentioned the end of the cease fire in Gaza, the continued tensions in Ukraine, and China being stealth-like in their takeover of the China Sea, and the fact that with all this stuff going on, Gold was down on the day. Makes little sense to me. And I also pointed out that 10 years ago, Gold was moving steadily higher, and interest rates were around 5-6% here in the U.S. so, all this talk about moving rates off of zero percent, as a reason for Gold to lose ground, seems pretty hollow to me. But, I can’t get too caught up in the price of Gold now. I must keep my focus on the horizon. And if anything, use these whackings of Gold as opportunities to buy at a cheaper level! And the industrial metals are getting whacked too! Again, why? Oh well, certainly cheaper levels are available! The U.S. Data Cupboard had the stupid CPI yesterday, which we already talked about, and some strong Housing Starts data that showed Housing Starts in July increasing 15.7% VS June, when they were down -4%… Today, we will get the Fed meeting minutes from July 29-30 printed. and that’s about it. So, the dollar will find little fuel to add to its gains this morning except the distribution of the Goldman call. Before I head to the Big Finish today. So. Last Friday, I was down at my little river town’s city park for an awards ceremony in soccer. I went there because my friend, and colleague, Ty Keough, would be there. You see, the award given out is named after Ty’s dad, Harry Keough. A couple of years ago, Ty won the award, and I sat and talked to his dad for a long time. Good memories. Ty brought his aunt Betty to the ceremony, she’s in her 90’s! And looks healthier than me! Oh well, I had forgotten to mention this earlier this week. For What It’s Worth. Well. just in time for the Labor Day Holiday BBQ’s. The price of Ground Beef has hit an all-time high! (but don’t worry, there’s no inflation according to the CPI) The price of Beef hit an average in July of $3.88. A year ago July’s price was $3.46. So, in one year, the price Beef has gone up 12%! YIKES! But want to know something else, and it ties in nicely with QE. You see, in 2009, when the Fed began this little known policy called Quantitative Easing, the price of Beef was $2.15. In the 5 years that QE has existed, the price of Beef is up 81%!!!! Now, some of you will chastise me for linking QE with the increase in the price of Beef. But wasn’t it just last week when I told you about the increases in the components to eat breakfast? Why, yes, Chuck it was! So, now I’ve connected the dots with these foods, and I’ll be connecting more dots to other things that have increased in price since QE was introduces, you can bet your sweet bippie on that one! I mentioned above about connecting the dots, and whenever I do that, you can hear me doing my very best Pee Wee Herman voice, and saying, la, la, la, connect the dots. HAHAHAHAHA! What? You don’t think I can do a good Pee Wee Herman voice? To the Butler patio now! To recap. The stuck in the mud trading pattern that has existed for the currencies the past two weeks has finally given way to an all-out rally for the dollar this morning. Goldman Sachs has called for dollar strength, and so it shall be! Pound sterling and rupees are the only two currencies with gains VS the dollar this morning, and the pound’s gains will most likely be short-lived since the reason it is stronger had cold water thrown on it yesterday with the latest CPI report! Gold is getting whacked in the face of geopolitical tensions all over the world, makes no sense to Chuck! And the Fed’s Jackson Hole boondoggle begins. Chuck’s invitation must have gotten lost in the mail! Currencies today 8/20/14. American Style: A$ .9290, kiwi .8390, C$ .9130, euro 1.3285, sterling 1.6650, Swiss $1.0970, . European Style: rand 10.6835, krone 6.1765, SEK 6.9015, forint 235.75, zloty 3.1510, koruna 21.0080, RUB 36.28, yen 103.35, sing 1.2490, HKD 7.7505, INR 60.61, China 6.1580, pesos 13.07, BRL 2.2465, Dollar 82.06, Oil $ 95.50, 10-year 2.40%, Silver $19.49, Platinum $1,431.50, Palladium $870.85, and Gold. $1,294.93 That’s it for today! Well, a great big Happy Birthday to my little girl, Dawn. We had cake and ice cream with the family last night for Dawn’s birthday. When Dawn was young, we used to always be camping or on the road on her birthday, but that was when kids didn’t go back to school until after Labor Day! I kind of wish we were still celebrating her birthdays on the side of the road! That would mean I hadn’t gotten old and sick! Oh well, moving along, today is also the birthday of our little Christine’s oldest son, Jamieson. He’s 10 today. I remember when Christine was pregnant with him, it sure doesn’t seem like 10 years ago! And according to the birthday calendar, it’s also the birthday of one of our IT gurus, Cheryl Kohrmann. So, Happy Birthday to all! What a great win last night for the Cardinals! They have really put some ground between them and the teams chasing them this past week, or really since the All-Star Break. Now, if we could only catch the Brewers! We have like 7 games remaining with the Brew Crew, so win those and you’re in like Flint! So, there you go! I hope you have a Wonderful Wednesday! Chuck Butler President EverBank World Markets
Recommended Links Have You Heard of Federal Clause #106?A little-known law just made retirement more difficult, by “hiding” some of the world’s best investment opportunities from you… Click here to learn more. Obamacare looks like it’s about to collapse…Six years ago, President Obama passed the Patient Protection and Affordable Care Act. This controversial law (simply called “Obamacare”) was supposed to make it easier and cheaper for Americans to buy health insurance.But, as you probably know, it’s done the exact opposite. And its downfall is opening up massive money-making opportunities that we can take advantage of today…• E.B. Tucker, editor of The Casey Report, says Obamacare has turned the health care world upside down…He wrote in last month’s issue of The Casey Report:[Obamacare] made insurance more expensive, going to the doctor more complicated, and created bizarre economic incentives that have nothing to do with delivering health care to the people that need it.E.B. says it’s only getting worse, too:Earlier this year, Pennsylvania-based insurer Highmark announced a 41% price increase for 2017 health insurance plans. It’s one of the state’s largest health insurance companies…The story is the same across the country. Blue Cross Blue Shield of Montana announced a 62% price increase for 2017 rates. In 2016, it implemented a 22% increase. Anthem Inc. will raise rates on Connecticut customers by 27% next year. The list goes on…Soaring insurance costs are a big problem if you’re buying health insurance. If you’re selling it, however, it may seem like a great business at first glance…• Thanks to Obamacare, profits for health insurance companies have hit record highs…Their stock prices have soared. And there’s less competition than ever before.What’s more, Obamacare is nearly impossible to escape. Under Obamacare, everyone in the U.S. must prove they have health coverage through a health insurance plan.If a person is ineligible for government coverage like Medicare or Medicaid, they must buy a private health insurance policy.If you don’t buy insurance, you have to pay a fine. This has forced millions of Americans to buy insurance.You can see in the chart below that 80% of Americans had health insurance in 2010. Today, more than 90% of Americans have coverage, which is an all-time high.It may seem like a great time to be a health insurance company. But E.B. says the good times are coming to an end. – Collapse Watch: Four Billionaires Move Money into GoldWhy have four of the world’s wealthiest men moved money into gold? It could have something to do with recent disturbing changes in the world’s largest market. Watch this video for the full story. — • Obamacare is backfiring…CNNMoney reported in August:There’s no doubt Obamacare is suffering a major shakeup three years after the exchanges opened. Those who’ve signed up for coverage are sicker and costlier than expected, while too many healthier Americans are opting to pay a penalty rather than a premium.This might not surprise you. After all, Casey readers know that the government never fixes problems. It only creates them or makes them bigger.• The health insurance industry is starting to take heavy losses…CNNMoney reported last month:There’s no question many insurers are losing big money on Obamacare. Costs exceeded income by 5% in 2014, and that figure doubled the following year, according to McKinsey’s Center for U.S. Health System Reform. Losses are expected to grow this year.Only 30% of insurers ran profitable individual divisions in 2014. That share slipped to about a quarter last year, according to McKinsey.This is why so many insurers have jacked up premiums. They’re trying to stop the bleeding.If premiums continue to rise, many more Americans could opt out of insurance plans. And that would only create bigger problems for the industry.• Several giant insurers are pulling out of Obamacare…CNNMoney reported last month:Aetna (AET) is pulling out of 11 of the 15 states where it offers Obamacare policies after losing $430 million, the company announced Monday. Its move follows downsizings by UnitedHealthcare (UNH), which will operate in only three states in 2017, and Humana (HUM), which is withdrawing from nearly 1,200 counties in eight states.Aetna, UnitedHeathcare, and Humana are three of America’s largest health insurers. But they certainly aren’t the only insurance companies in serious trouble. Business Insider reported this morning:In a release on Friday, Minnesota Commerce Commissioner Mike Rothman, who oversees the exchanges on which people in Minnesota not receiving insurance through their employer or government programs [like Medicare and Medicaid], said premiums will rise as much as 67% for some insurers.According to the release, Rothman said the exchanges are “very near collapse” as Blue Cross Blue Shield pulled out of the market, citing large financial losses. This exit is indicative of the mood of the other insurers, who Rothman described as “prepared to exit this market.”• Casey Report readers stand to profit from the collapse of Obamacare…Last month, E.B. shorted one of America’s biggest healthcare companies.[Shorting is betting that a stock will fall. If you’ve never shorted a stock, we encourage you to read Friday’s Dispatch. In it, E.B. explains how to short stocks…what makes for a good short…and why you should be shorting stocks now.]This company’s stock has more than quadrupled since 2010. But, like other insurers, this company’s good times are about to end.Over the past two years, the company’s already lost $1 billion because of Obamacare. Yet, its stock is trading at a price-to-earnings (PE) ratio of 21.7. That’s almost double its five-year average. (The higher the PE ratio, the more expensive the stock.)According to E.B., this stock could plunge 50% or more as Obamacare unravels. You can get in on this trade by signing up for The Casey Report. But, before you do, watch this eye-opening presentation.It talks about a major financial crisis on the horizon. As you’ll see, this coming crisis could cause the average U.S. stock to fall 50% or more. Weak companies, like the health insurer that E.B.’s shorting, could fall even further.The good news is that you can turn this coming crisis into a major money-making opportunity. Watch this FREE video to learn how.How to Profit from “Internet 3.0”Editor’s note: Today, instead of our usual Chart of the Day, we’re sharing one of the most popular money-making ideas from our good friends over at the Palm Beach Research Group. As you’ll see, the “blockchain” revolution is taking over the tech world…and there are huge profits to be made if you get in now…“The next phases of the internet will be built on the blockchain…”The blockchain is a revolutionary technology that’s changing the world at an astonishing pace. It’s nothing more than a digital ledger. But this ledger is decentralized, public, and “unhackable.”Decentralization is the source of the ledger’s integrity. Millions (and soon billions) of connected devices around the globe keep it accurate. Its reliability is so solid, some of the largest names in global finance and business are investing billions into the technology…• Wall Street “megabank” JPMorgan is investing $9 billion in the blockchain.• Global titans Credit Suisse, Reuters, and HSBC are just a few of the many massive firms investing in the blockchain right now.• Within five years, two-thirds of all asset managers worldwide will use the blockchain in some way.Teeka Tiwari, editor of The Palm Beach Letter, says today’s new blockchain-based companies will become “the IBMs, eBays, and Amazons of tomorrow.”You can learn about this digital revolution by clicking the five-minute video below. The window to make money in “ground-floor” blockchain investments is closing fast. To take advantage of this incredible opportunity today, click here.Regards,Justin SpittlerDelray Beach, FloridaOctober 3, 2016We want to hear from you.If you have a question or comment, please send it to firstname.lastname@example.org. We read every email that comes in, and we’ll publish comments, questions, and answers that we think other readers will find useful.
April is Child Abuse Prevention Awareness month and Tuscaloosa’s Child Abuse Prevention Services placed blue pinwheels in front of Tuscaloosa City Hall on April 3.The idea behind the pinwheels is for people to understand the organization, why it exists and ways to use the resources CAPS provides.CAPS’ overall goal is to prevent child abuse, but they provide more such as internet safety, parenting classes and sleep safety for kids and babies to prevent crib deaths.April 1, Lainer Automotive hosted the 1st Blue Ribbon ceremony to kick off the awareness month in Tuscaloosa.“This is an ongoing problem that needs to be addressed,” says Cassius Lainer, owner of Lainer Automotive.According to a statistic on the CAPS Twitter feed, it is reported that 3.6 million cases of child abuse occurred in the United States.“When we first started doing this people would even come and get a pinwheel because then they can place that pinwheel in their yard,” says Phyllis Simon, CAPS Service Delivery Director. “They can place the pinwheel … and give it to their child and look on it because it is a message on the stick that the wheel is actually attached to and it has something to do with child abuse prevention.”CAPS will be hosting events to create awareness all month.For more information check out the CAPS website