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Special Force helping murder cases in TCI

first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp Bahamas Police takes 10 to court for murders and other crimes, including a couple for cruelty to a child Recommended for you Facebook Twitter Google+LinkedInPinterestWhatsAppProvidenciales, 03 Feb 2016 – Unsolved murders in the Turks and Caicos are getting a new set of eyes on the cases and the evidence; and those eyes have come from abroad. This was explained today in a media statement that a team of special investigators are in country and the goal is for them to take another and a more expert look at some of the homicides committed within the islands. “The Commissioner alerted the Council to the arrival of an investigative group of senior police, who would be in TCI for twelve weeks to review a number of murder cases.” The special team is being funded by TCIG. Also being reviewed is the illegal landings and troubles with poachers. The Council made up of the Governor, the Premier, the Border Control Minister, the Attorney General and the Police Commissioner notes that the total number of arrivals have been more limited in recent months, and were also considerably fewer in individual vessels. Still, it was explained that the British Ambassador to the Dominican Republic was arranging for a visit by the Governor and Minister of Border Control to the Ministry of Foreign Affairs in Santo Domingo to discuss illegal fishing and maritime issues. Worst fears as a tourist is murdered in Providenciales; ten homicides for 2019 Related Items:james smith, murder, police, special force Increased Police presence promised, TCI Police Commissioner statement on recent shootingslast_img read more

Rapist using internet to fool 14 year old girl sentenced to 24

first_imgFacebook Twitter Google+LinkedInPinterestWhatsApp Facebook Twitter Google+LinkedInPinterestWhatsApp#Bahamas, December 6, 2017 – Nassau – A Bahamian rapist using the internet as his vice is sent to jail for 24 years for sexually assaulting a 14 year old girl which the trial exposed that he lured to a tattoo parlor under a false identity and then raped her.   The girl is now 17 years old, but in September 2014 the child was drawn to Jamal Daniels’ home on Carmichael Road through a fake Facebook profile.In sentencing now 29 year old Daniels to 24 years in prison, Justice Bernard Turner said he aimed to protect society from the predatory behavior Jamal Daniels displayed in this instance.    Daniels never completed the tattoo on the young girl’s stomach; testimony revealed that he held her down and raped her.Justice Turner called the incomplete tattoo a permanent scar.#MagneticMediaNews#Danielssentencedto24yearsinprison#JamalDanielssentencedforrape Related Items:#Danielssentencedto24yearsinprison, #JamalDanielssentencedforrape, #magneticmedianewslast_img read more

Public Comments For Chugach Forest Management Plan Due Thursday

first_imgThe US Forest Service is currently revising the 2002 Chugach National Forest Land Management Plan. Public comments will be incorporated into a final EIS (FEIS) and Land Management Plan to be published in 2019. Individuals wanting to submit comments, can send or deliver written comments to: Facebook0TwitterEmailPrintFriendly分享The Draft Land Management Plan and Draft Environmental Impact Statement (DEIS) for the Chugach National Forest is available for review and comment until Thursday, November 1. Chugach National Forest’s Supervisor’s OfficeAttn: Draft Land Management Plan161 East 1st Avenue, Door 8Anchorage, AK 99501 According to the forest service, some 500,000 people visit various parts of the Chugach every year, taking advantage of 41 public use cabins, more than 500 miles of trail, and the abundance of all five species of Pacific salmon found in forest streams. The forest service draft plan proposes infrastructure upgrades in a number of areas in the park. The 90-day public comment period began on August 4 and concludes on November 1. The documents are available online at http://www.fs.usda.gov/goto/chugach/planrevision There was an issue found with submitting electronic comments into the national database for the Chugach National Forest draft Land Management Plan. In a release the Forest Services says they “are working on a solution and recommend you check back early this week to review your electronic submission.”last_img read more

VIDEO State Rep Ken Gordon Interviews Congressman Seth Moulton

first_imgShare this:TwitterFacebookLike this:Like Loading… RelatedVIDEO: State Rep. Ken Gordon Discusses 2018 Legislative AccomplishmentsIn “Videos”State Rep. Ken Gordon Provides Updates On State Budget; New Shuttle Bus Service; Hanscom Air Force Base & MoreIn “Government”State Rep. Ken Gordon Provides Updates On Legalizing Sports Betting, Opioid Crisis & MoreIn “Government” BURLINGTON, MA — On the latest episode of his “Rappin’ with the Rep” local access TV show, State Rep. Ken Gordon, who represents Precinct 3 in Wilmington along with all of Burlington and Bedford, interviewed U.S. Congressman Seth Moulton. They talk local transportation, President Trump’s emergency declaration, gun reform, fake news, political transparency and more.Watch the episode below, courtesy of Burlington Access Cable TV:——Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.last_img read more

first_img 2020 Jeep Gladiator: Taking truck love to a new level Review • 2019 Jeep Grand Cherokee review: An SUV with something for everyone 48 Photos Preview • 2019 Jeep Grand Cherokee: Model overview, pricing, tech and specs 0 6:19 More about 2019 Jeep Grand Cherokee 2019 Jeep Grand Cherokee Limited X is just right Tags More From Roadshow Now playing: Watch this:center_img Fiat Chrysler Automobiles Fiat Chrysler Auto Tech Share your voice 2019 Fiat 500X first drive: New engine, same problems Post a comment Enlarge ImageUconnect has always been a great infotainment system, and Uconnect Market will make it even more versatile. Fiat Chrysler Automobiles General Motors has dominated its American counterparts when it comes to offering in-car commerce. Its MyLink infotainment system has been adding various integrations over the last couple years, whether it’s placing reservations through Yelp or ordering a Domino’s pizza on the fly. Fiat Chrysler’s latest announcement along similar lines should help it keep up with the Joneses.Fiat Chrysler Automobiles announced on Monday that the next iteration of its Uconnect infotainment system will include something called Uconnect Market. This commerce platform is similar to GM’s Marketplace, in that it will allow a variety of third-party companies to offer connected buying services directly through the infotainment system. It was developed in partnership with Xevo, which has lent its expertise to GM, as well.When setting up a Uconnect Market account, owners will have the opportunity to add a credit card for use within the marketplace. That can then be used to authorize card-free fuel fill-ups at participating Shell stations, in addition to paying for parking through integration of the ParkWhiz service. People will also be able to book service appointments and check out offers on various services, and they can also book restaurant reservations through Yelp.This builds on news from earlier in the year. In April, FCA announced that it would rely on tech from Harman and Google for its upcoming connected-car services, which will allow for over-the-air updates and, when its EVs start rolling out, additional services catered to electric cars. It can also work with usage-based insurance and even peer-to-peer car sharing, so the sky’s the limit.Uconnect Market is expected to make its way to owners via over-the-air update in the second half of 2019. It will work with 2019 and 2020 model-year vehicles from Chrysler, Dodge, Jeep and Ram, so long as those vehicles pack both the connectivity itself and Uconnect’s 8.4-inch touchscreen.  Chrysler Dodge Jeep Ram 2017 Chrysler Pacifica Hybrid: First hybrid minivan wins on fuel economy 2019 Maserati Levante GTS: Heart of goldlast_img read more

first_imgThough Malaika and Boney Kapoor have shaken their heads in denial, people on social media are not ready to come to terms with it. Many people are of the opinion that the two are trying to cover up the reports as they are reportedly looking forward for an initimate wedding ceremony away from all the media galore.Earlier, it was being reported that Boney Kapoor was not happy with Arjun and Malaika’s relationship and having difficult time accepting it. It was also reported that Arjun had asked his uncle Anil Kapoor to have a word with Boney to break the ice between him and Malaika.While there’s no doubt that Malaika and Arjun have been together for quite a while now, it remains to be seen if the two will decide to enter into wedlock soon. Arjun Kapoor, Malaika AroraVarinder ChawlaRumours of Arjun Kapoor and Malaika Arora getting married on April 19 have been spreading like wildfire in the industry considering their frequent romantic outings in the city. It was also being said that the couple would take their wedding vows according to Christian rituals in the presence of close friends and family members.However, it seems like Malaika is not at all happy with the speculations that have been doing the rounds of the industry over the past couple of days. The Bollywood diva has finally opened up about marrying Arjun Kapoor.”Not true,” Malaika told Bombay Times when she was enquired about her impending April wedding with Arjun. Earlier, Boney Kapoor too had rubbished the reports saying that there’s no truth to the rumours. But even after that, the speculations are just refusing to die down.Malaika has now flown to Maldives for a much-needed vacation with her girl gang but fans believe that she is enjoying her bachelorette ahead of her wedding with Arjun Kapoor. On her Instagram page, Malaika uploaded a sun-kissed photo of her from her holiday destination and Arjun couldn’t resist commenting on her post. Malaika AroraInstagramlast_img read more

first_img LOUISVILLE, Ky. – The University of Louisville’s non-conference football game with Western Kentucky on Sept. 14 at Nissan Stadium is slated for a 4 p.m. ET kickoff.Louisville’s encounter against Western Kentucky at Nissan Stadium in Nashville is the second of a three-game series with the Hilltoppers. Dae Williams rushed for a pair of 1-yard touchdowns in the fourth quarter, including the go-ahead score with 5:01 remaining, as Louisville rallied from a 14-0 deficit to beat in-state rival Western Kentucky 20-17 last season.The two programs have met 32 times on the gridiron, with the Cardinals holding a 20-12 all-time series advantage, and have won the last 10 meetings.   The 2019 matchup will feature the same as both Louisville and WKU will be led by first-year head coaches: Scott Satterfield and Tyson Helton.The Cardinals are playing in Nashville for the first time since defeating Texas A&M 27-21 in the 2015 Music City Bowl. The Cardinals also took on Middle Tennessee in a non-conference matchup in 2006, winning 44-17.The Cardinals returns 17 starters from last season, highlighted by running back Hassan Hall, wide receivers Seth Dawkins and Dez Fitzpatrick, and offensive tackle Mekhi Becton. On defense, linebacker Dorian Etheridge and G.G. Robinson are key returnees.Get all the latest information on the team by following @UofLFootball on Twitter and Facebook and UofLFootball on Instagram. General athletic news can also be found at GoCards on Twitter and Instagram and GoCards on Facebook.Print Friendly Version Story Linkslast_img read more

Marshmello to Headline YouTubes VidCon 2018 Event

first_imgYouTube is teaming up again with Viacom-owned VidCon for a splashy evening event spotlighting music and homegrown creators at the online-video confab’s flagship U.S. event next month.Recording artist and EDM DJ Marshmello, whose hits “Alone” and “Silence” have over 1 billion YouTube views, will headline the YouTube OnStage event and perform several of his fan favorites. Marshmello has over 14 million subscribers and 2.4 billion views to date on his three-year-old YouTube channel.YouTube OnStage also will feature appearances by top creators, including Liza Koshy — who will appear alongside the cast of her YouTube original series “Liza on Demand” — along with Collins Key, Merrick Hanna, Kyle Hanagami and others.The event will be held Thursday, June 21, at The Arena at the Anaheim Convention Center in Anaheim, Calif., and will be open to all VidCon attendees through a ticket-lottery system. ×Actors Reveal Their Favorite Disney PrincessesSeveral actors, like Daisy Ridley, Awkwafina, Jeff Goldblum and Gina Rodriguez, reveal their favorite Disney princesses. Rapunzel, Mulan, Ariel,Tiana, Sleeping Beauty and Jasmine all got some love from the Disney stars.More VideosVolume 0%Press shift question mark to access a list of keyboard shortcutsKeyboard Shortcutsplay/pauseincrease volumedecrease volumeseek forwardsseek backwardstoggle captionstoggle fullscreenmute/unmuteseek to %SPACE↑↓→←cfm0-9Next UpJennifer Lopez Shares How She Became a Mogul04:350.5x1x1.25×1.5x2xLive00:0002:1502:15 Popular on Variety center_img The fact that YouTube is putting the spotlight on music by enlisting Marshmello (the stage name of Christopher Comstock) underscores the importance of music to the Google-owned video giant. Next week, Google is launching YouTube Music, a subscription service priced at $10 per month, with ad-free access to millions of songs. In addition, the YouTube Red subscription service is going away, replaced by YouTube Premium ($12 monthly) for access to ad-free video, music and YouTube originals.It’s the second year YouTube is throwing a party at VidCon US. The 90-minute show at VidCon is sponsored by LEGO Systems and Sony Pictures Animation’s “Hotel Transylvania 3: Summer Vacation.”In 2017, VidCon’s Anaheim convention drew over 30,000 fans, creators, and industry execs. VidCon, which was founded by YouTube vloggers Hank and John Green, was acquired by Viacom earlier this year. The Australian version of VidCon is in its second year, and Viacom has announced that it will take the franchise to the U.K. with VidCon London slated for February 2019.last_img read more

first_imgKolkata: West Bengal Chief Minister Mamata Banerjee today remembered mountaineer Chhanda Gayen, the first civilian woman from the state to summit Mt Everest, on her birth anniversary. Describing the mountaineer as “brave”, the chief minister said that her courage may become an inspiration for everybody. “Fondly remembering the brave mountaineer Chhanda Gayen on her birth anniversary. In her memory, the Bengal Government has instituted the Chhanda Gayen Bravery Award for successful mountaineers. May her courage inspire us all,” Banerjee wrote on her Twitter handle this morning. Chhanda Gayen, who had scaled Mt Everest in 2013, went missing along with two sherpas in an avalanche while descending the western side of Mt Kanchenjunga, also known as Mt Yulan Kang, in Nepal in 2014. She was declared missing/dead after rescuers failed to spot her and the three accompanying sherpas. On her honour, the Mamata Banerjee government introduced the ‘Chhanda Gayen Bravery Award’ for women for their outstanding achievement in the field of adventure.last_img read more

Gunman at Oregon college appeared armed for an extended siege

first_img‘You’re going to see God’Witnesses to the Oregon bloodshed described Mercer as questioning people at gunpoint about their religious affiliations, and appearing to single out Christians for killing.“He said, ‘Good, because you’re a Christian, you’re going to see God in just about one second,’ ” said Stacy Boylan, recounting the account of his wounded daughter, Anastasia, who underwent surgery to treat a gunshot to her spine.“And then he shot and killed them,” he said.At least 10 others were admitted for treatment at the Mercy Medical Center, said the chief medical officer, Jason Gray. He said three patients were transferred to larger facilities for more intensive care.“Disbelief, anger, sadness, resolution” was how Gray described the emotions among the staff scene as the wounded arrived.Autumn Vicari, whose brother known as J.J. witnessed the shootings, told NBC News about the gruesome selection process Mercer imposed.According to NBC: “Vicari said at one point the shooter told people to stand up before asking whether they were Christian or not. Vicari’s brother told her that anyone who responded ‘yes’ was shot in the head. If they said ‘other’ or didn’t answer, they were shot elsewhere in the body, usually the leg.”The violence stopped only after authorities exchanged gunfire with Mercer. At 10:47 a.m., the end was announced over the police scanner: The suspect was down.One victim, Chris Mintz, a former Army infantryman, was shot three times as he tried to block the door and keep the gunman out of a classroom, according to his aunt, Wanda Mintz.Her nephew was knocked to the floor, looked back up at the gunman and tried to reason with him.“He hit the ground and looked up at him and said ‘It’s my son’s birthday, don’t do this,’” Mintz recounted, after speaking to the mother of Mintz’s child, who has been by his side at the hospital. “And the guy shot him at least two more times.”Mintz survived but suffered two broken legs among his wounds and will need extensive physical therapy, according to a GoFundMe page set up to raise money for him. “I am UCC.” Scott Olson/Getty Images/AFPDark corners of the WebAs with many other shootings, investigators turned to the dark corners of the Web for possible clues on what pushed the attacker to move from words and images to deadly violence.A Myspace page shows a photo believed to be Mercer sporting a crew cut and holding a rifle. The page includes posts extolling the Irish Republican Army.Other apparent social media pages linked to Mercer point to an interest in horror films and a possible blog post on Aug. 31 about the gunman Vester Flanagan, who killed two television news employees in Virginia a week earlier while they conducted a live broadcast. Flanagan, a former employee of the station, fatally shot himself after a police chase.“On an interesting note, I have noticed that so many people like him are all alone and unknown, yet when they spill a little blood, the whole world knows who they are,” the post read, according to the Oregonian newspaper.“A man who was known by no one, is now known by everyone,” it continued. “His face splashed across every screen, his name across the lips of every person on the planet, all in the course of one day. Seems the more people you kill, the more you’re in the limelight.”“Not Religious, Not Religious, but Spiritual” Mercer wrote on one dating Web site, also listing membership in a group called “Doesn’t Like Organized Religion.”Douglas County Sheriff John Hanlin – more out of anger than discretion – said he would not utter the assailant’s name. “I will not give him credit for this horrific act of cowardice,” said Hanlin, an outspoken critic of state and federal gun control proposals. “Media will get the name confirmed in time … but you will never hear us use it.” Police officers stand guard outside the apartment building where the alleged gunman, Chris Harper Mercer, lived in Winchester, outside Roseburg, Oregon, on Oct. 2, 2015. Josh Edelson/AFPOn another front, authorities are investigating a conversation on the message board 4chan posted Wednesday evening. The site is notorious for staging online hoaxes, in addition to cat memes, hackings and Internet attacks.But the conversation, if authentic, appears to include a warning. “Don’t go to school tomorrow if you are in the northwest,” the post reads.School shootings have figured prominently in this series of tragedies, including the 1999 massacre at Columbine High School in Colorado, the 2007 Virginia Tech shootings and the deaths of 20 children in 2012 at Sandy Hook Elementary School in Newtown, Connecticut.Umpqua, one of 17 community colleges in Oregon, has about 2,000 students and about 200 full- and part-time faculty members. Federal data suggests Umpqua is a quiet campus; the only crimes reported there in recent years have been an occasional burglary and, in 2013, an aggravated assault.After a 2006 incident in which one student was shot by another at Roseburg High School, local institutions – including UCC – hired security guards, according to the Eugene Register-Guard. Those security guards are unarmed, interim college President Rita Calvin told the newspaper. The campus is a gun-free zone. Police officers search students outside Umpqua Community College in Roseburg, Oregon, after a mass shooting on Oct. 1, 2015. AFP Photo/Michael Sullivan/The News-ReviewMercer’s backgroundMercer was born in Britain and came to the United States as a young boy. In California, he attended the Switzer Learning Center, which describes itself as a setting for students with “moderate to severe learning disabilities, emotional issues, attention problems and behavioral disorders.”Rick Rada, a former classmate, recalled Mercer as quiet, cheerful and calm.“To me Chris was just an ordinary guy, really. He was one of the silent types like me,” Rada told The Washington Post. “But we got along with our teachers. He opened up with the teachers, talked to them, had fun.”Former neighbors in Torrance, California, a beach-side city just south of Los Angeles, told the Los Angeles Times that Mercer liked to practice target shooting and tended to act “anxious or nervous,” as Rosario Espinoza put it.He and his mother, Laurel Harper, mostly kept to themselves, except for occasional disputes over bugs or loud noises. Espinoza’s mother, Rosario Lucumi, recalled thinking it “strange” that Harper referred to her son as “baby.”Mercer moved to Oregon with his mother a year or two ago, according to public records. It’s not clear if and how he may have been affiliated with Umpqua Community College, though a student told CNN that she took a theater class with Mercer, and a “Chris Harper-Mercer” is listed as a production assistant on the Facebook page of a UCC fall show.His father, Ian Harper, still lives in Los Angeles. Harper stepped outside his home there briefly on Thursday night to say that he’d spent the day speaking with law enforcement and couldn’t answer questions about his son or the shooting.“Shocked is all I can say,” he told reporters. “It’s been a devastating day.”Gloria Buhring, a neighbor at the Winchester apartment complex where Mercer appeared to have lived, said police officers swarmed the area Thursday, blocking much of the complex off with police tape.Buhring didn’t know Mercer. But on Wednesday, she returned home to find a previously empty trash container “overflowing with stuff that looked like it had been moved from an apartment,” she told The Washington Post. “It looked like somebody had gotten rid of a lot of stuff and left.”Another Winchester neighbor, Bronte Hart, told Seattle TV station KIRO that Mercer would “sit by himself in the dark in the balcony with this little light.”Hart said a woman she believed to be Mercer’s mother lived with him and was “crying her eyes out” Thursday.Steven Fisher, who also lives nearby, described Mercer as “skittish.”“His demeanor, the way he moved, always looking around,” Fisher said. “I got a bad vibe from him.”The violenceThe violence started just after 10:30 a.m., when students in Snyder Hall – a modest building in the southeast part of campus where science and English classes are held – heard a sudden popping noise.Some were bewildered by the noises. Sarah Cobb, a 17-year-old who heard the sound from her Writing 121 class in Snyder, recognized them immediately.“I grew up hunting, so by then I knew what it was,” she told The Washington Post. Cobb screamed to her teacher that they all needed to get out, and the instructor opened the door into chaos: students running, a teacher crying, a man screaming for someone to call 9-1-1.Cobb left her phone, her backpack and all of her belongings in the classroom, and then ran out of the building, tripping her way down the stairs.“There was so much screaming you knew it was serious,” she said. “I was terrified. I was sprinting. You could hear the gunshots echoing in the hall.”The UCC campus remained closed Friday. Around Oregon, flags are being flown at half-staff.Oregon’s governor, Kate Brown (D), said mass shootings “must end,” but urged for a pause to the political battles over gun control to give Roseburg time to heal.“It’s very clear these types of tragedies must end, not only here in Oregon, but across the country,” she told CNN.Hoyt is a freelance writer. Brian Murphy, Mark Berman, Susan Svrluga, Abby Phillip, Ellen Nakashima, Darryl Fears and Nick Anderson in Washington contributed to this report.© 2015, The Washington Post Facebook Comments Related posts:Oregon school shooting: ‘He just tried to do the right thing,’ one victim’s family says Multiple fatalities reported after mass school shooting in Oregon In New Hampshire, Clinton pledges to stand up to the gun lobby Obama to force through gun control measures on Tuesday ROSEBURG, Oregon – The gunman who cut a deadly path through anOregon college campus appeared armed for an extended siege according to investigators who were probing more deeply into suspicions the shooter may have been driven by religious rage and a fascination with the twisted notoriety of high-profile killers.What is known so far about the attacker – identified by a U.S. law enforcement official as Chris Harper Mercer – appears mostly as loose strands that suggested an interest in firearms and the infamy gained by mass shooters.Witnesses also said he seemed to seek specific revenge against Christians, and police examined Web posts that hinted of wider antipathy toward organized faith. An undated photo of gunman Chris Harper Mercer from his MySpace page. (Via MySpace)An agent with the federal Bureau of Alcohol, Tobacco, Firearms and Explosives said at a news conference Friday that investigators had recovered 13 weapons, including six at the school. Also recovered there was a flak jacket with steel plates and five magazines of ammunition. The rest of the weapons, and more ammunition, were found at Mercer’s home.But authorities still struggled to build a clearer picture of what drove the California-raised Mercer to stalk rural Umpqua Community College and methodically pick off students and professors Thursday on the fourth day of the fall semester.When it was over, nine people were dead, plus Mercer, and the college joined the mournful roster of the United States’ mass shooting sites – and the backdrop for the latest debate about gun control.Thursday night, as police picked through Mercer’s apartment near campus, hundreds of people joined a candlelight vigil. Some sang along to “Amazing Grace” – the same hymn President Barack Obama offered in June when Charleston was the focus of the nation’s grief and questions over another rampage.This time, Obama said collective grief was “not enough” and made an emotional appeal for a national groundswell toward stricter gun laws.Watch President Obama’s address following the Oregon college shooting:last_img read more

Mortgage Master Names Texas Regional Manager

first_img Michael Cannatti, a nearly 40-year veteran of the housing finance industry, has joined “”Mortgage Master””:http://www.mortgagemaster.com/ as Texas Regional Manager, the super-regional mortgage bank announced.[IMAGE][COLUMN_BREAK]Cannatti’s work history has seen him in several management roles, including Texas area manager at Cherry Creek Mortgage Corp.; assistant VP and production branch manager at Countrywide, and EVP of sales and branch development at 1st Metropolitan Mortgage. In addition, he’s also served as president of the Austin Mortgage Bankers Association and chairman of the Texas Mortgage Bankers Association.Working for Mortgage Master, Cannatti is charged with attracting high quality originators, opening new full service retail production branches, and expanding production volumes ad market share in Texas.””We are delighted to have Mike join our sales leadership team to expand Mortgage Master’s retail network throughout Texas,”” said company president Paul Anastos. “”As we continue to expand, Mortgage Master is attracting experienced leaders, like Mike, with strong industry knowledge and direct marketplace experience to build quality sales teams throughout the U.S.”” in Data, Government, Origination, Secondary Market, Servicing New,Mortgage Master Names Texas Regional Manager Agents & Brokers Attorneys & Title Companies Investors Lenders & Servicers Movers & Shakers Processing Service Providers 2014-01-03 Tory Barringercenter_img January 3, 2014 424 Views Sharelast_img read more

Rep LaSata and Sen Proos welcome Blossomtime court to state Capitol

first_img Categories: Featured news,LaSata News,LaSata Photos,News,Photos PHOTO INFORMATION: State Rep. Kim LaSata and State Senator John Proos welcome the Blossomtime Queen’s court to the state Capitol.  The annual Blossomtime Festival Grand Floral Parade is Saturday, May 5 at 1 p.m. The parade begins in St. Joseph on Main St. and continues through the city, across the Bicentennial Bridge, and into Benton Harbor.  St. Joseph and Benton Harbor have hosted the Parade since its inception in 1923. 25Apr Rep. LaSata and Sen. Proos welcome Blossomtime court to state Capitollast_img read more

The BBC has launched a virtual reality experience

first_imgThe BBC has launched a virtual reality experience inspired by natural history series like Blue Planet II and Planet Earth II, called BBC Earth: Life in VR.BBC Earth: Life in VRThe immersive experience lets users dive with sea otters, learn about kelp forests, explore the trenches below the Pacific Ocean, and encounter giant squid and sperm whales.BBC Earth: Life in VR was created by game studio Preloaded in collaboration with BBC Studio’s VR team, and is available on Google’s Daydream VR platform.“We are really excited to be working with Google to bring BBC nature content to Daydream,” said Bradley Crooks, head of digital entertainment and games, BBC Worldwide.“VR allows us to provide our audiences a new level of immersion unparalleled by other mediums and tell stories of the natural world in a new and exhilarating way.”Kellee Santiago, senior producer for Daydream Apps, said: “BBC Earth’s experience on Daydream makes exploring the wonders of our world more immersive and accessible than ever before.“It allows audiences to guide themselves, based on whatever takes their interest. The experience truly showcases the unique capabilities of the interactive and immersive format of Daydream to provide a platform for deeper understandings of our world.”BBC Earth: Life in VR is the result of a partnership between Google and BBC’s commercial arm BBC Worldwide, which published the title as an app on the Google Play store.The BBC launched its virtual reality production studio, BBC VR Hub, in December in a bid to explore “how VR can create real audience impact”.Head of commissioning for VR Hub, Zillah Watson, said at the time that the new unit will work closely with BBC programme makers and digital experts to create VR content across a range of genres.The BBC has worked on a number of VR projects since 2016, including: Home – A VR Spacewalk, We Wait, and Easter Rising: Voice of a Rebel.last_img read more

first_imgSo through the night rode Paul Revere; And so through the night went his cry of alarm To every Middlesex village and farm,— A cry of defiance, and not of fear, A voice in the darkness, a knock at the door, And a word that shall echo for evermore! For, borne on the night-wind of the Past, Through all our history, to the last, In the hour of darkness and peril and need, The people will waken and listen to hear The hurrying hoof-beats of that steed, And the midnight message of Paul Revere.–Henry Wadsworth Longfellow How would history be different if, when Paul Revere rode through every Middlesex village and farm yelling, “The British are coming, the British are coming!” if all of his friends and neighbors called him an alarmist, a warmonger, or a guy just trying to hawk sales for his ammunition company? What if they all said, “Go back to bed. He’s just another guy trying to peddle his product.” In my book Retirement Reboot, I shouted an equally serious warning: “Inflation is coming! Inflation is coming!” I’ve been trying to warn my friends and neighbors to take precautions and defend themselves. But I’ve been frustrated, feeling like I’m doing a poor job. Why don’t they seem to see the danger that I see so clearly? When the first issue of Miller’s Money Forever hit the web, I was at my summer home in Illinois. While I’m in the Midwest, I have a regular Tuesday breakfast with the ROMEO (Retired Old Men Eating Out) club, and my new project was quickly distributed among my friends. Less than two weeks later, an email hit my inbox that was originally from a neighbor across the street. I had never spoken to this neighbor before, but I would casually wave “hello” when he drove by in his new Mercedes. The message was a copy of an email my neighbor had sent to my ROMEO friends, but not to me. Apparently he had shown my material to his money manager, and he proceeded to blister me with harsh remarks. He thought I was just another fearmonger, trying to sell fear to hawk our product. Of course it bothered me, and my first inclination was to defend my motives. To his credit, within a week of distributing that email, I got a very kind, sincere apology from him. He said that his email was inappropriate, and he certainly would not want anyone doing something like that to him. I never did get the whole story. I suspect that some of my ROMEO friends who know me well might have spoken with him. To this day he and I have exchanged a couple of emails, but we have never spoken. He does have a good reputation in the neighborhood. My real concern today, however, is not a spat with my neighbor. Rather, it’s the very personal effect his scathing email had on me. God forbid anyone call me a fearmonger! I found myself writing a bit more timidly, toning down my language and tempering my opinions. Instead of using words like “hyperinflation” – a problem I am damn concerned about – I wrote “inflation or possibly even high inflation.” I wonder what would have happened if Paul Revere had said: “Sorry to wake you. You know the British are a tad peeved about us throwing their tea in the pond. We see some ship movement in the harbor; not sure what it is. I just wanted to share this with you. Oh yeah, I also wanted to mention, we cast musket balls down at the shop.” I will confess: for the last several months, I’ve been tiptoeing around a huge issue facing seniors and savers. I have skirted the issue, only focusing on part of the problem.Why Ask Why? The Federal Reserve recently announced that it is going to continue to clamp down on interest rates until at least 2015. I have been warning folks of the effects this will have on retirement plans for some time. The most recent data from the US Census Bureau indicate that a person with a total net worth of $856,000 (including their home) is in the top 7% of the population. If you estimate that home is worth $356,000, the person would have a portfolio to invest of $500,000. In 2007, before the government decided to clamp down on interest rates, you could invest that money in 6% CDs and earn $30,000 in interest. For decades almost all financial planning tools used 6% as a retirement benchmark. Now, the best rate for a 5-year CD is 1.2% interest. The same CDs would earn $6,000 in interest. The interest does not even cover the government-reported 2% inflation. Add that $6,000 to your Social Security check and that is what you have to live on… if you’re in the top 7% in net worth. I shudder to think about the other 93%. For an investor to earn that same $30,000 today, he would have to have $2,500,000 in CDs; that would likely put him in the top 1% of the population. While I want to stick to the facts, I was beating around the bush when it came to the inflation figure. In the vernacular of my grandchildren, “Grandpa’s copping out!” At the risk of being called a fearmonger, I want to share some additional data with you – data everyone needs to see and understand. If you think I’m a fearmonger, I’m sorry. Take a look and decide for yourself.That Lurking Feeling For the last year or so, I’ve had a very uncomfortable feeling. The stock market has rebounded from the 2008 crash, the government is reassuring us that inflation is under control, and my brokerage account is doing fine. Where is this feeling coming from? Let me start by explaining how government policy has affected the value of your personal retirement savings. Since 2002, the S&P 500 Index – a basket of stocks that Wall Street folks use as a proxy to tell you how most people’s mutual funds are doing – is up a hefty 60% after recovering from 2008 losses. It’s not a pretty picture, but 60% gains over a decade aren’t awful. And most folks have recovered their losses, right? Then how come things just don’t feel that good? You all know what I’m talking about: despite the headlines about record highs for stocks, your savings probably feel much more paltry now than they did 10 years ago. I know mine do. That’s because inflation is running rampant. Surely you’ve read that inflation is only 2%. But anyone who fills up their tank with gas, buys a loaf of bread, or tries to finish their Christmas shopping knows that is complete baloney. You know it the same way you know that 8% unemployment is not even close to the real level. The simple, inconvenient truth that everyone knows is this: the government manipulates the statistics it publishes for its own interests. But the cost of this manipulation is affecting us all, right now. Thankfully, a really brilliant statistician named John Williams has made it his personal crusade to keep all of us informed. At Shadow Government Statistics, Williams digs into the raw data published by banks, universities, and government agencies and applies time-tested formulas that the government once used to report all this data to track the real rate of inflation, unemployment, and other key economic indicators. I’ve been a Shadow Government Statistics subscriber for quite some time, and each new report I read confirms the conflict between the government-reported data and the truth. Williams is constantly warning that hyperinflation is on the horizon, and he gives some doggone good reasons why. At the risk of being called a fearmonger, this data should be a wake-up call to everyone. If Williams is right and hyperinflation becomes a reality, there will be so much panicked selling throughout the world that nearly everyone with even a modest portfolio will take a terrible hit before they have time to react. Our stocks, in real dollars – or “purchasing power parity” (PPP), to dip into economist-speak – are actually worth 40% less than they were 10 years ago. If you adjust the value of the S&P 500 using your ability to buy real goods like food, then the picture is a lot less pretty. That blue line up there: that’s the value of your portfolio over the past ten years if you’ve been following Wall Street’s prescription. According to the government’s official inflation statistics, it’s the red line, which shows the increases in the S&P 500 adjusted by the government-published inflation figures. Oh, and the green line? That is the real value of your portfolio when you adjust for a more realistic rate of inflation. It’s no wonder that so many folks feel uncomfortable. The government estimates for inflation are a joke. It’s easy to overlook that when you don’t see the impact on your monthly statements – that’s what the government is banking on. But in reality, it’s costing you a chance at achieving your retirement dreams. In a paper on wealth trends published earlier this year, New York University professor Edward N. Wolff wrote: ” Between 2007 and 2010, median wealth plunged by a staggering 47 percent! Indeed, median wealth was actually lower in 2010 than in 1969 (in real terms).” When the first TARP bill was passed to bail out the banks, polls showed that 90% of Americans opposed it, but the government did it anyway. Everyone knew it was wrong, but it still happened. Now we have QE programs ad infinitum. We were told that these bailouts would solve our problems, but things continue to get worse. So if all this quantitative easing is making us poorer, why does the government lie about it? It does so because it is in its own best interest; the federal government has much to lose if the population learns the truth. Think back to the Tea Party Taxpayer March on Washington, DC, when a few hundred thousand people from all over the country marched on Washington. Some participants used “T.E.A.” to stand for “Taxed Enough Already!” It was a peaceful tax revolt, but both political parties and the media set out to destroy the message and credibility. “The Tea Party” now has the distinction of being the most negative phrase in US politics. God forbid that anyone revolt against taxes. I can just hear the politicians chuckling to themselves: “The last time the bloody people had a tax revolt they fired the king, threw out the entire government, and had the silly notion to govern themselves. When are they going to learn they are better off with government controlling every aspect of their lives? If we lie to them, it is for their own good.” The government doesn’t manipulate these numbers to suppress the value of your stocks. Wealthy politicians (the average net worth of a congressman is $7.3 million) suffer just as much when that happens, which is why they rush to prop up the market every chance they get. Despite popular belief, they don’t do it just to paint a rosier picture in order to help their chances of reelection. Sure, that’s part of it, but it’s not the biggest part. Mostly, they do it to continue fueling their spending binges… at the expense of your retirement. That spending, of course, has no other purpose than to get politicians reelected and to keep their massive corporate donors happy. The surest vote is the one you buy. Most politicians don’t think about things far enough ahead to be concerned about their constituents’ retirement goals and plans.The Disastrous, Long-Reaching Consequences When the value of the dollar goes down faster than the government-published inflation rate, it’s not just the value of stocks that go down. The value of your Social Security and Medicare benefits drop, too. Remember, our Social Security check is supposed to be indexed to inflation. I recently read that preliminary figures predict a 1-2% annual benefit increase in 2013, the lowest since automatic adjustments were adopted in 1975. If you receive Social Security, you also know that what the government giveth, it may also taketh away. It’s no surprise that the bureaucrats in charge didn’t announce next year’s increase in deduction amounts for Medicare and drug coverage taken out of your Social Security check before the election. The most recent news I read on the subject is pretty clear:“How much will Medicare Part B premiums be in 2013? “Most people will pay $104.90 per month for Medicare Part B premiums, which is a $5 monthly increase from 2012’s premiums. But high earners will pay more, as they have since 2007.” Now in the lowest bracket, that’s only a $5/month increase. Those folks were paying $99.90 in 2012. That’s about a 5% increase, more than double the so-called inflation rate that sets the increase in benefits. Savers who have managed to build up a nest egg will note that their increase is much more significant. I asked our research team to build a graph to show the effects of inflation on our Social Security check. It’s a little scary. Officially, theoretically, your Social Security checks keep up with inflation. I got my first Social Security check in 2002. To keep the math simple, imagine it was $1,000. Today, that check would be $1,270, due to the automatic cost of living adjustment (blue line). The red line represents the “official” cost of living inflation numbers as reported by the government. The $1,270, according to the government’s “official” statistics, will buy the same amount of goods that $1,000 did in 2002. The green line uses the Shadow Government Statistics inflation numbers and factors in the government increases. Even with the government’s automatic cost of living adjustments, my $1,000 check would only buy $477 worth of goods today. Ouch!John Mauldin recently interviewed David Krone, chief of staff for the Senate Majority Leader Harry Reid, and Rob Lehman, chief of staff for Senator Rob Portman. As they discussed current interest rates, Lehman remarked: “A 1% increase in the rate of interest adds $130 billion to the deficit.” Krone added that he “saw no problem with interest rates going lower; perhaps we should even charge people for holding their money for them.” The result of QE, QEII, QEIII, TARP, TALF, and all the other alphabet-soup policy changes of the last few years has already reduced the real value of your retirement savings by 40%. And it has already reduced your real Social Security benefits by about 52.3%. What does that mean for retirees? Well, investment income from safe, interest-bearing investments is going to stay in the tank for at least the next decade. In the meantime, the cost of living is skyrocketing as the government keeps the printing press on high. Despite government promises, our Social Security checks are not going to keep up with true inflation, and our nest eggs are at risk. This is the investment challenge retirees are facing. I don’t need to use the word “hyperinflation” to make my point – just some historical data from the last decade. I suspect that Paul Revere might have had a few folks pretty upset when he woke them up in the middle of the night. Today, as a relatively free American, I’d like to thank him.Turn on the Night-light There you have it! I have expressed my concerns, and they are based on real facts. Question my motives if you want, but know that I didn’t ask for this job. I took it on as a personal challenge to help others in my peer group: retirees, seniors, and savers just trying to survive. What would Paul Revere have said about his motives? He likely would have said that he simply wanted his friends to wake up! The danger is imminent, and we need to take precautions to defend ourselves. Only this time, it is not the British: it is our own federal government. If you agree with me, take the necessary precautions. If you have already done so, good for you! Stay diligent. If you don’t agree with me, please roll over and go back to sleep.On the Lighter Side As this is our last issue before Christmas, I want to share a couple of quick thoughts. First, thank you to all of our readers. This has been one of the most exciting years of my life. Our subscriber growth and feedback has been terrific, and I want everyone to know just how much I appreciate it. Today’s article is from my heart. We are in this together, and I want to help all seniors and savers survive and thrive. And finally… Every Tuesday we have a conference call with the core players on our team: Alex, Ann, David, Lee, Vedran, and me. They asked me to convey on behalf of the entire team, our wish that everyone enjoy a wonderful holiday season in whatever manner you and your family choose to celebrate. It is “Merry Christmas” in the Miller household. We will be feeding 17, with the first grandson arriving on the 20th and the entire family departing the 28th. Grandma Jo has the freezer stocked with cookies and fudge; she can’t buy a turkey until the last minute because there is no room left for one. There is nothing better than being a grandpa surrounded by loving family. Until next week…last_img read more

first_img Skyharbour Resources Ltd. (TSX.V: SYH) owns a 100% interest in approximately 400,000 acres of land between seven uranium properties in the uranium rich Athabasca Basin region in northern Saskatchewan. Six of the properties consisting of approximately 388,000 acres of prospective ground are strategically located near the Alpha Minerals (TSX.V: AMW) and Fission Energy (TSX.V: FIS) Patterson Lake South (PLS) uranium discovery area. The properties were acquired for their proximity to the PLS discovery and interpreted favourable geology for the occurrence of PLS style uranium mineralization. Skyharbour’s land position is now one of the largest in the Patterson Lake area. The Athabasca Basin hosts the world’s largest and richest high-grade uranium deposits accounting for approximately 20% of global primary uranium supply. There are still areas in the region that are highly prospective and underexplored as illustrated by the new 49.5 metres of 6.26% U3O8 discovery at the Patterson Lake South property. Please visit our website for more information. The dollar index closed at 82.47 on Friday…and gapped down a bit at the Sunday night open in New York…and then kept heading lower from there.  The low tick [82.05] came minutes after 8:00 a.m. in New York…and the subsequent 25 basis point rally ended at noon…and that gain had all but disappeared by the close.  The index finished the Monday session at 82.14…down 33 basis points from Friday’s close. Here’s the New York Spot Silver [Bid] chart on its own, so you can observe the New York action…the only price action that really matters…more closely. (Click on image to enlarge) The CME’s Daily Delivery Report, not surprisingly, showed that there were no more deliveries scheduled for the month of April…but they did report the First Notice Day numbers for delivery into the May silver contract very late last night EDT…and they were quite amazing. In gold, there were 1,288 contracts posted for delivery on May 1st, with all but six of them being issued by JPMorgan Chase…1,116 out of its client account…and the other 166 out of its in-house [proprietary] trading account.  The only two long/stoppers of note were Canada’s Bank of Nova Scotia with 973 contracts…and Barclays with 287. In silver, of the 1,506 contracts posted for delivery tomorrow, the only short/issuer worth mentioning was JPMorgan Chase with 1,484 contracts out of its in-house [proprietary] trading account.  The biggest long/stopper was JPMorgan in its client account, with 573 contracts.  The next three long/stoppers in order of size were Canada’s Bank of Nova Scotia, Credit Suisse and Merrill…with 233, 208 and 153 contracts respectively.  There were a couple of dozen long/stoppers in all…and yesterday’s Issuers and Stoppers Report is definitely worth a minute of your time.  The link is here.  Even though the gold price has rebounded smartly off its low of a week ago Tuesday morning Hong Kong time, the metal itself still continues to depart GLD for parts unknown.  On Monday an authorized participant withdrew 77,367 troy ounces.  This should not be the case at all…as gold should be flowing into GLD.  Over at SLV, they reported their third deposit by an authorized participant in as many days. This time it was 482,931 troy ounces. The U.S. Mint had another sales report yesterday.  They sold 1,000 ounces of gold eagles…and 1,000 one-ounce 24K gold buffaloes.  I expected more…much more.  After three days of no silver eagles sales, they finally reported selling 743,500 of them.  I will be very interested to see if they have a sales report today that shoves April silver eagles sales over the four million mark.  With one day short of a third of the 2013 calendar year under our collective belts, silver eagles sales sit at 18,198,500.  That’s a lot! Over at the Comex-approved depositories on Friday, they reported receiving 598,743 troy ounces of silver…and shipped 686,718 troy ounces of the stuff out the door.  The link to that activity is here. In gold on Friday, the Comex-approved depositories reported receiving 49,194 troy ounces of the stuff…and shipped 66,885 troy ounces out the door.  All the activity was at Scotia Mocatta…and the link to that is here. I thought that Monday might be a little quieter at the store, but it certainly didn’t turn out that way, as we had another huge sales day…almost all of it in silver.  Since the engineered price decline of two weeks ago…and except for a couple of stand-out days…silver has outsold gold about 200 to 1…minimum. There have been no changes in delivery…but because of a personal relationship, our store has been able to order a bit of stock from one our wholesalers…but nothing like we’d like to order if given half a chance. I read Ted Butler’s weekend commentary with great interest…and have permission to reprint the last two paragraphs from it.  Here they are… I am taken aback by the growing pervasiveness, more on the Internet, but also in the mainstream media of stories about silver having to do with the COMEX, short positions, manipulation, the COTs and how JPMorgan is the big silver short. Please try to understand how other-worldly this all is to me. I’m not trying to pat myself on the back in having introduced all these things (and others); I’m trying to convey that the ascension of these issues to the forefront seems to me to automatically increase the likelihood that the end of the silver manipulation is drawing near. After all, at some point, the whole scam must unravel once we pass the critical mass of public awareness. It is this growing awareness of the real issues in silver that has me both thunderstruck and more encouraged than ever before about silver’s investment prospects. We have a wildly bullish COT structure in silver and gold combined with what could be a nuclear fire emerging in silver physical demand. I don’t recall such a similar bullish price set up. JPMorgan is still a manipulative force to reckon with, but the growing spotlight on this crooked bank and the crooked exchange on which the price of silver is set, is bright…and this doesn’t bode well for the crooks. – Silver analyst Ted Butler…27 April 2013 Here’s your “cute quota” for the day… The gold stocks gapped up about 3 percent at the open…and then got sold off into that early London p.m. gold fix which I had mentioned a few paragraphs back.  The high for the gold stocks came at 11:00 a.m. Eastern Daylight Time…and then slid in fits and starts into the close.  The HUI finished the day up 1.62%. All four of them would have broken out to the upside if given the opportunity to do so. It was a pretty unexciting Monday in the gold market.  Prices chopped higher, with the high tick of the day coming moments before the 8:20 a.m. Comex open…and from there it got sold down to its New York low at the London p.m. gold fix.  From there it chopped higher into the 5:15 p.m. electronic close.  Gold’s high tick came in late electronic trading…and was recorded by Kitco as $1,477.80 spot.  The low at the p.m. fix was $1,462.50 spot. Gold close yesterday at $1,476.50 spot…up $13.60 on the day.  Gross volume was not overly heavy at around 144,000 contracts. Both platinum and palladium did pretty well for themselves…but it was obvious, at least to me, that there was a willing seller there to keep things under control less their respective prices rose to fast. The platinum chart for both Monday and Friday appear too similar to be a coincidence, but maybe it’s just me [once again] looking for black bears in dark rooms that aren’t there. Here are the charts for both…and you can decide for yourself. Sponsor Advertisement It was more or less the same story in silver, except for the fact that there was a surprise rally late in the electronic trading session, which got capped before it could get too far above the $24.60 spot mark…and from there it traded sideways into the close.  Silver’s high tick was $24.71 spot in electronic trading…its New York low was at what appeared to be an early London p.m. gold fix…and that was recorded as $24.01 spot. Silver closed at $24.59 spot…up 55 cents the ounce from Friday’s close.  Net volume was pretty chunky at 44,000 contracts…with more than half of that coming in the new front month, which is July. The silver stocks didn’t do quite as well as the gold stocks…and I’m sure part of that reason had to do with the fact that the big price surge in silver came after the close of the equity markets in New York.  Nick Laird’s Intraday Silver Sentiment Index closed up 0.74%. Since it’s Tuesday, I have a quite a few more stories than normal…and I hope you can find the time to read the ones that interest you the most. There are no market anymore…only interventions. – Chris Powell, GATA It was a very uneventful Monday in the precious metals…and they were kept quietly under control during the New York session.  All four of them would have broken out to the upside if given the opportunity to do so, which they weren’t.  With today being the last trading day of April, I’m not expecting big fireworks as far as the price is concerned, but you just never know. Today, at the close of Comex trading, is also the cut-off for this Friday’s Commitment of Traders Report. I don’t have much to add to what I’ve already said in the first section of today’s column…and the stories in today’s column should keep you off the streets for a while. I note that both gold and silver came under some selling pressure during the Far East trading session on their Tuesday…with the biggest percentage move down coming in silver, of course.  Lows were set in all four precious metals shortly after 2:00 p.m. Hong Kong time…but rallied back sharply about an hour into the London trading day.  Ted Butler says that most trading activity these days is of the high-frequency variety…and there’s no real liquidity in these markets, so ‘day boyz’ can do pretty much what they want with prices. Both gold and silver are still below their Monday closing prices as I hit the ‘send’ button on today’s column at 5:10 a.m. Eastern time…and platinum and palladium prices are unchanged.  Volumes are quite a bit higher than ‘normal’…and virtually all of silver’s volume is in the new front month, which is July.  The dollar index isn’t doing much. Just a quick reminder that TODAY at 2 p.m. EDT, Casey Research be premiering our Internationalizing Your Assets video event, with Doug Casey, Peter Schiff, Mike Maloney, and other experts on expatriating your wealth. If you have any interest at all on how to protect what’s rightfully yours from increasingly belligerent and overreaching governments, I urge you to register now for this free event, and learn for yourself how this fast-moving field is changing and why now may be one of the last chances you have to get started. Enjoy what’s left of your day…and I’ll see you here tomorrow.last_img read more

first_img — •  Springleaf Holdings (LEAF) is one of the biggest players in subprime lending… And its business is booming. Springleaf has a $6.7 billion portfolio of mostly subprime loans. It charges subprime borrowers an incredible 27% interest rate, on average. Springleaf’s earnings rose 14% during the second quarter. And its stock price is up 40% in the last year. Fortress Investment Group (FIG), one of the largest hedge and private equity firms in the world, owns a majority stake in Springleaf. Strict regulations have mostly stopped banks from making subprime loans. But those rules don’t apply to hedge funds. The Wall Street Journal explains how hedge funds are getting into the subprime business. Tighter regulations have pushed many banks out of subprime mortgages and sharply limited their interest in other types of subprime loans… The retreat has opened the door to non-banks like Fortress, which are flush with cash to invest and say they have learned the lessons of the financial crisis. We’re skeptical… and we wouldn’t be surprised to see a Springleaf blowup come to a market near you soon. •  If you trust that big financial institutions really have learned their lesson… Then you don’t need to do anything. And if you believe lending hundreds of billions of dollars to unqualified borrowers won’t cause another financial crisis… You don’t need to worry that your stocks and bonds will lose value. •  But… you might know your history. And it says not to trust big financial institutions… In 2008, we learned that the financial system is rigged to reward financial institutions for taking crazy risks. If a big financial institution takes a big risk and it pays off, it keeps the profit. If it takes a big risk and blows up the financial system, the government will bail it out…like it did in 2008. Big financial institutions have zero interest in keeping our financial system safe and stable. Their incentives are to take big risks. At some point, big risks like the growing number of subprime auto and credit card loans will cause another major financial crisis. We wrote Going Global 2015 to show Casey Research readers how to protect themselves. Going Global 2015 is a 233-page hardcover book that explains easy steps you can take to make sure the next financial crisis doesn’t wipe out your investments and savings. And right now, we’re practically giving this important book away for free. For just a small processing fee of $4.95…we’ll mail Going Global 2015 to your front door. Click here to claim your copy of Going Global 2015. Chart of the Day We mentioned earlier that Springleaf Holdings is one of the largest subprime lenders in America. It charges customers an average interest rate of nearly 27%. Today’s chart compares that rate with other common interest rates. As you can see, Springleaf’s average rate is more than six times higher than the average mortgage rate. And it’s nearly double the average interest rate on a credit card. These super-high rate loans are extremely expensive for the borrower…making them hard to pay back. Someone who borrows $1,500 at Springleaf’s 27% average rate for four years would end up paying $1,000 in interest. Recommended Links – A Rare Glimpse Inside the Portfolios of America’s Rich and Famous (You Won’t See This ANYWHERE Else) One of the most powerful and connected men in America just produced a stunning new piece of work. We think you’ll be shocked when you see what he’s uncovered. We’ve posted a short summary of his research – including instructions on how subscribers can claim a copy – right here.center_img One of the biggest causes of the financial crisis is back. Subprime lending is surging. Subprime loans are made to people with bad credit. They’re riskier than traditional loans. Lenders charge higher interest rates on subprime loans to compensate for the higher risk. Subprime lending exploded in the early-to-mid-2000s and fueled the housing bubble. When people couldn’t pay back these expensive loans, the housing market crashed. It sparked the biggest financial crisis since the Great Depression…and almost took down the whole US financial system. •  The subprime mortgage market is almost dead… Subprime loans account for just 0.25% of the mortgage market today…down from 26% in 2006. Banks have mostly gotten out of the subprime mortgage businesses. New regulations make it difficult for banks to make subprime loans. •  …But subprime lending is making a comeback. Lenders aren’t giving people subprime loans to buy houses much anymore. Instead, they’re giving subprime loans to people to buy cars… and to buy stuff on their credit cards. The Wall Street Journal reports that subprime auto and credit card lending has surged to its highest level since before the financial crisis. …[M]ore than one-third of all auto, credit card and personal loans from the start of January to the end of April went to subprime borrowers, according to the latest available data from credit-reporting firm Equifax Inc. That is the highest percentage since 2007. Lenders made 53.7 million auto, credit card and personal loans in the first four months of 2015, up 46% from 2010. Subprime auto loans are growing fastest, according to The New York Times: Over all, auto loans to subprime borrowers — typically people with credit scores at or below 640 — have more than doubled since the financial crisis, with one in four new auto loans going to subprime borrowers. In the second quarter of 2014, for example, total auto loan originations hovered at the highest level since before the financial crisis… Lenders made about $189 billion in new subprime consumer loans during the first eleven months of 2014. To put that into context, the subprime mortgage market was about $1.3 trillion before the financial crisis. Subprime auto and credit card loans aren’t huge yet…but they’re not tiny either. And as we’ve explained, they are growing fast. It’s another disaster in the making. Grab International Speculator While It’s 50% OFF The world’s most explosive mining and energy stocks at our lowest rate ever. Click here to claim your discount before it’s gone. Regards, Justin Spittler Delray Beach, Florida August 12, 2015last_img read more

Disabled people should prepare themselves for more

first_imgDisabled people should prepare themselves for more cuts and further attacks on their rights over the next five years disabled campaigners have warned in the wake of this week’s Queen’s speech.The speech, which laid out plans for what the prime minister called a “one nation government”, confirmed his party’s pledge to introduce further sweeping cuts to benefits spending.It also suggested that plans to scrap the Human Rights Act (HRA) would be postponed, but not abandoned.Among the bills referred to by the Queen, who delivers the speech every year on behalf of the prime minister at the state opening of parliament, was a full employment and welfare benefits bill.This will freeze most working-age benefits in 2016-17 and 2017-18 across England, Scotland and Wales (including all but the support group top-up element of employment and support allowance (ESA)), although claimants of personal independence payment (PIP) and disability living allowance (DLA) will be exempted.The bill will also lower the cap on total benefits for non-working families to £23,000 a year, although households which include someone claiming PIP or DLA will be protected.David Cameron, the prime minister, said the social security reforms would “incentivise work”, so that people were “always better off after a day at the office or factory than they would have been sitting at home”.He said the cuts were “true social justice”, turning “the welfare system into a lifeline, not a way of life”, and “not handing people benefit cheque after benefit cheque with no end in sight”.But Disabled People Against Cuts (DPAC) said there was “nothing in the Queen’s speech for disabled people”.Anita Bellows, a DPAC spokeswoman, said: “Although the government has tried for the past five years to increase the number of disabled people into work, through various schemes or punitive cuts, caps and sanctions, the reality is the employment gap between disabled and non-disabled people has not narrowed.“The government is now using a freeze to cut further benefits which support disabled people who cannot work, like ESA, and a benefit cap which is likely to push into crisis households who are now just managing to make ends meet.”She added: “A government which financially punishes the poorest is not a ‘one nation government’.”Bill Scott, director of policy for Inclusion Scotland, said: “Even though most of the cuts are not to ‘disability’ benefits, the cuts to child benefit, jobseeker’s allowance, tax credits, etc, will impact disproportionately on disabled people because they are more reliant on benefits for some or all of their income and of course twice as many disabled people claim ESA as claim DLA – and ESA is not being protected from the cuts.”Scott pointed out that the cuts announced through the Queen’s speech would only “save” about £1 billion a year, while the Conservatives pledged in their general election manifesto to cut £12 billion from the social security bill.He said there was presumably another £11 billion in cuts still to be announced, probably in George Osborne’s budget on 8 July.Scott said: “I fear that for disabled people the worst is yet to come.”Disability Rights UK said that the government’s promise of two million new jobs was “a bold promise”, while the Conservative election manifesto aim to halve the disability employment gap – and therefore create one million more jobs for disabled people – was “a worthy aspiration”.But it said the government’s proposed measures “seem drawn from the view that people are on welfare because of the level of benefits, when it is more often the lack of adequate or effective employment support”, and appear to offer “a crock of gold but no rainbow to get them there”.Disability Rights UK called on the government to introduce a national work experience programme for young disabled people, toughen legislation so people do not lose their jobs so easily “simply because they have acquired a disability”, improve the Access to Work scheme, and allow disabled jobseekers a personal budget so they can commission their own back-to-work support.It added: “On benefits, the government still hasn’t explained where £12 billion of cuts will fall and so we await the budget for the necessary detail.“In advance of that, we call on the government to recognise that disabled people will only be able to reach our full potential as equal citizens if our support needs are met and we can achieve independent living.”Kaliya Franklin, co-development lead for People First England (PFE), said her organisation was “relieved” that the government had not yet suggested introducing means-testing or taxing DLA and PIP.But she said: “However, we are concerned that the further freeze in working-age benefits will particularly impact those disabled people in poorly-paid, part-time work, and for many make the difference between just about surviving and no longer being able to afford the essentials of daily living.“Should inflation rise as predicted over the next few years then this restriction will have a rapid and disproportionate effect on the poorest in society, many of whom are the ‘hard-working strivers’ so apparently beloved by politicians.”John McArdle, co-founder of Black Triangle, said there was no mention in the Queen’s speech of where most of the planned £12 billion in cuts to social security spending would fall.He said: “A lot of disabled people are going to be feeling very apprehensive about the future.”He also said it was “disappointing” to see Labour’s interim leader, Harriet Harman, supporting reductions in the benefit cap, in her response to the Queen’s speech.McArdle said: “The Child Poverty Action Group has said this will plunge more children into poverty. Many of them will be from disabled families.“If we have any hope in Scotland, that is the hope that significant further welfare powers will be devolved.“We look to the SNP contingent in parliament to fight against the cuts tooth-and-nail on a moral basis affecting everybody throughout the UK, as Labour seems to have abandoned any pretence of providing a proper opposition to welfare reform.”There was significant media interest in the reference in the Queen’s speech to a new British bill of rights, particularly the failure to announce that a bill would be put forward this session.The government said only that it would “bring forward proposals”, with reports suggesting that justice secretary Michael Gove would consult on those plans before publishing any new legislation.When asked about the government’s proposals, a Ministry of Justice spokesman said only that ministers would be “discussing their plans on this and making announcements in due course”.When asked whether this meant there would be a consultation on the government’s proposals, and no bill in the current session of parliament, he refused to comment further.Elsewhere in the Queen’s speech, there were concerns about the possible impact of a new enterprise bill, which promises to extend the government’s “ambitious target for cutting red tape to cover the activities of more regulators”, and ensure that regulators “design and deliver services and policies to best suit the needs of business”.Sir Bert Massie, the former chair of the Disability Rights Commission, warned that although deregulation can sound good it “can result in lower standards that exclude disabled people”, for example with standards for accessible homes.There was some support for parts of a new policing and criminal justice bill, which will reform laws on detaining people under the Mental Health Act, banning the use of police cells as “places of safety” for those under 18, and reducing their use for adults.Franklin welcomed the plan to ban the use of police cells for under-18s, but said PFE would like to see it extended to include adults with learning difficulties or autism.She also stressed the importance of human rights legislation to disabled people.She said PFE had lobbied the former attorney general Dominic Grieve on this issue at last year’s Conservative party conference.She said: “As disabled people, we are particularly mindful that the HRA is a vital protection from abuse of state powers.“There are still approximately 3,000 adults with learning disabilities and/or autism being held in the care of the state at huge expense to the taxpayer and frequently experiencing the kind of ‘treatment’ most lay people would describe as torture.”Peter Beresford, co-chair of the national service-user network Shaping Our Lives and professor of social policy at Brunel University, said: “To make sense of the Queen’s speech for disabled people and other social care service-users, we have to keep this government’s concerns in the front of our mind.“They are committed to regressive redistribution, and reduced public services, and financial and social support to citizens.“There is an overall direction of travel here, whether we are talking about the loss of already inadequate social housing through ‘right to buy’ or the increased availability of free child care to all, including people on high incomes, for all the talk of targeting welfare.“They are committed to a further term after this and want to redirect resources to those who will vote for them, thinking mistakenly mostly that it will serve their interests.“Disabled people, mental health service-users, many older people and people with learning difficulties aren’t the constituency they need or care about. So things will get far worse in my view than many people even now expect.”last_img read more

Fresh concerns have been raised about recruitment

first_imgFresh concerns have been raised about recruitment at one of the outsourcing companies delivering assessments for the government’s new disability benefit, after it sent out a “very urgent” request for 90 more staff.Only two months ago, Disability News Service (DNS) reported how delivery of the personal independence payment (PIP) appeared to have been plunged back into crisis after Capita reception staff were sent scripts telling them how to explain to benefit claimants why their appointments had been cancelled.Because of a shortage of assessors, Capita was forced to recruit 90 more healthcare professionals, just five months after making an estimated 80 of its 400 assessors redundant.Those redundancies followed a huge recruitment drive last summer to cope with PIP delays and backlogs, tempting many staff from stable jobs in the NHS with a promise of better conditions and long-term work.The company said in June that its latest recruitment push was part of a regular review of its “resourcing plans”, and that it was “looking at the number of assessors required to support the introduction of the changes that are expected later this year”.Last month, government figures secured by DNS showed that claimants in areas managed by Atos were six times more likely to wait longer than 20 weeks for a PIP decision than in those parts of the country managed by Capita.Despite those figures, Capita has now launched yet another recruitment drive to find healthcare staff who can assess claimants’ eligibility for PIP, which is replacing working-age disability living allowance (DLA).The new recruitment drive will add to concerns about the number of nurses, doctors and other healthcare professionals being tempted away from the NHS to work for Capita, as well as Atos and Maximus, the other outsourcing companies assessing disability benefit claimants.In an email seen by DNS, a Capita recruitment executive says the company is looking for nurses, occupational therapists, physiotherapists and paramedics “who can join us ASAP” in “VERY urgent roles”.When asked why Capita needed to recruit another 90 assessors in “very urgent roles” so soon after the last recruitment drive, a Capita spokesman said: “We continually review our service to ensure we have the right level of people in place to meet the requirements of the Department for Work and Pensions and claimants.“The department’s recent official statistics reflect the good continued progress Capita is making to improve claimant waiting times.“The current recruitment programme reflects our focus on preparing for the full roll out of PIP later this year.”This full rollout of PIP actually began last month, with the Department for Work and Pensions beginning to invite claimants who currently have a long-term or indefinite award to be reassessed for PIP – including those living in two postcode areas managed by Capita – a process which is expected to last about two years.DNS first began reporting on delays and backlogs in the PIP system in late 2013. In January, one disabled woman described how she had been forced to wait more than 14 months to be assessed.By the end of March 2015, according to figures published in May, nearly 23,000 disabled people had been waiting longer than 20 weeks for their new PIP claims to be decided. Of those 23,000, more than 3,000 had been waiting longer than a year.last_img read more

Damning new evidence suggests that senior figures

first_imgDamning new evidence suggests that senior figures in the Department for Work and Pensions (DWP) covered up a coroner’s warning about the grave dangers posed by a new disability assessment.Disability News Service (DNS) has seen a series of letters that suggest the department was given all the information it needed to carry out an urgent review of the safety of aspects of the work capability assessment (WCA) in 2010.But that review – ordered by coroner Tom Osborne through a process known as a Rule 43 letter – appears never to have been carried out.Osborne wrote to the department on 30 March 2010 – originally addressing his concerns to Labour work and pensions secretary Yvette Cooper – just a few days before the start of the general election campaign.His letter followed an inquest he had carried out into the death of 41-year-old Stephen Carre (pictured), from Eaton Bray, Bedfordshire, who had taken his own life in January 2010*.On 4 May, Osborne received an initial response from the DWP’s most senior civil servant, its permanent secretary, Sir Leigh Lewis.When DNS first revealed the existence of the Rule 43 letter last month, DWP claimed in a statement that it had responded to the coroner on 4 May 2010.But DNS has now seen the 4 May letter, and it merely outlines departmental procedures on the WCA, provides brief details from Stephen Carre’s assessment, and asks the coroner for medical information about the case.Sir Leigh promises that this further information will allow him to “complete our investigation and review our existing procedures, as you have asked, to determine the need for any changes to our current medical evidence gathering process”.Three further letters written by the coroner show that he provided the information requested by Sir Leigh, but never received a response from DWP to his Rule 43 report.On 12 May 2010, Osborne advised Sir Leigh that DWP did not need to investigate the circumstances surrounding Stephen Carre’s death, as that had already taken place at the inquest.He said DWP needed instead to look at the “use of medical evidence when determining entitlement of benefit of those patients who are suffering from a psychiatric illness”, but he still offered to send Sir Leigh a transcript of the inquest evidence.On 3 August, Osborne sent him the inquest transcript, apparently in response to a request from the department.Two months later, on 6 October 2010, Osborne wrote to Peter Carre, Stephen’s father, to tell him that he had yet to receive a “substantive response” to his Rule 43 letter, and promising to contact him if he did.Peter Carre did not hear from the coroner again until after he was contacted by DNS last month, more than five years after Osborne’s last letter.Carre told DNS that he believed the lives of other people with mental health conditions like his son could have been saved if DWP had acted on the coroner’s Rule 43 letter in 2010.He said Osborne told him in 2010 that DWP should have replied to the Rule 43 letter, but there was nothing he could do if they failed to do so.Carre said: “It was an opportunity to do something, and it was missed. They should be held accountable for their action, or lack of it.“That would be the one thing I would say: that the people who were there and are still there should still be accountable for their lack of action.”The letters are important because at the time they were being exchanged, the newly-appointed Conservative work and pensions secretary, Iain Duncan Smith, and his employment minister Chris Grayling, were finalising plans to roll out the WCA the following year to hundreds of thousands of existing claimants of incapacity benefit (IB), many of them with mental health conditions.And in the summer of 2010, Grayling appointed Professor Malcolm Harrington to carry out an independent review of the “fairness and effectiveness” of the WCA, and later told him that he wanted to go ahead with plans to roll out the assessment, despite Harrington suggesting that this should be delayed by a year.Harrington has told DNS that he believes he was never shown the coroner’s Rule 43 letter.More than three years later, another coroner wrote an almost identical letter warning of similar concerns about the safety of the WCA, this time after the death of a north London man, Michael O’Sullivan, who also took his own life after being found fit for work after a WCA.Last month, new research concluded that the programme to reassess people claiming IB using the WCA could have caused 590 suicides in just three years.And last week, a former government adviser told DNS how ministers and civil servants were “ruthless” and “reckless” in forcing through their new “fitness for work” test and refusing to abandon it even after they were told of the harm it was causing.Even before the emergence of the latest letters, disabled activists had called for Duncan Smith and Grayling to face a criminal investigation over the alleged cover-up.This week, more than five weeks after the existence of the Rule 43 letter was first brought to DWP’s attention, a spokeswoman for the department said in response to a series of questions from DNS that “because this issue happened more than five years ago we simply don’t have access to the information you’re seeking”.  She added: “Therefore, I think the best route for your line of inquiry is an FOI [request under the Freedom of Information Act]. And we’ll be happy to provide a formal statement once that FOI process is complete.”*Osborne ruled that the trigger for Stephen Carre’s suicide had been DWP’s rejection of his appeal against being found “fit for work”, and he called in his Rule 43 letter for a review of the policy not to seek medical evidence from a GP or psychiatrist if the claimant has a mental health condition. Neither the Atos assessor who assessed Carre, nor the DWP decision-maker who subsequently decided that he was fit for work and therefore ineligible for the new employment and support allowance, had sought information from his GP, his community psychiatric nurse or his psychiatrist.last_img read more

STAR PREVIEW Newcastle v Liverpool

first_img[dropcap]T[/dropcap]he final leg of the Premier League Sunday trio takes us to the North East for Newcastle v Liverpool at St James’ Park.After a great start to the season Liverpool have gone on the wobble winning just one of their last six games and getting drubbed 5-0 by Man City in the league and beaten 2-0 by Leicester in the EFL Cup.Knowing just which Liverpool will turn up is a tough call for punters – but Jurgen Klopp will be keen to take points away here with impending games against Man U and Spurs later this month.Klopp is already under early season pressure. He said: ”I have no problem with criticism, I only have a problem if people think we can’t solve problems. We know where we have to do better.“I can’t make us more clinical. It makes no sense to criticise finishing, it’s about creating. I can’t shoot from the bench.“Do we all have to give up and say, ‘They are so good this year, oh my God I really want to have a season ticket for Manchester – whichever stadium’.“Or is it allowed we really try to sort our things and improve?”Newcastle have made a solid start to life back in the top flight winning three in a row before being beaten 1-0 by Brighton last time.Newcastle United v LiverpoolPremier League16:30 Sky Sports Premier / Sky Sports Main Event / Sky Sports Ultra HDHEAD TO HEAD(Maximum 10 matches)Apr 2016 PREMIER Liverpool 2-2 NewcastleDec 2015 PREMIER Newcastle 2-0 LiverpoolApr 2015 PREMIER Liverpool 2-0 NewcastleNov 2014 PREMIER Newcastle 1-0 LiverpoolMay 2014 PREMIER Liverpool 2-1 NewcastleOct 2013 PREMIER Newcastle 2-2 LiverpoolApr 2013 PREMIER Newcastle 0-6 LiverpoolNov 2012 PREMIER Liverpool 1-1 NewcastleApr 2012 PREMIER Newcastle 2-0 LiverpoolDec 2011 PREMIER Liverpool 3-1 NewcastleHard to see how there won’t be goals here and I’m going with over 3.5 goals at around 6/4 with Star Sports.The weather forecast for Newcastle this afternoon says “rain becoming more persistent during the afternoon”. Just hope there are persistent goals too.RECOMMENDED BETS (scale of 1-100 points)BACK OVER 3.5 GOALS 12 points at 6/4 with Star SportsPROFIT/LOSS SINCE JAN 1 2017: LOSS 3.8 pointsBET NOW WITH STAR SPORTS 08000 521 321last_img read more