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Source: http://twitter.com/milouness/statuses/252150232144547840
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I want to preface this before anyone gets all up in my face... This diary is meant as a real question.
Religion:
We all know that someone can practice the Jewish faith, Judaism. ?Going to synagogue, observing the holy days etc. ?So in that respect, it is a religion.
People of all ethnicity can become Jewish. ?They can accept the religion as their own and go through whatever rituals are required to then be considered person of Jewish faith.
This is indisputable.
Now comes the gray area, the one I don't quite understand and have conflicting information about.
Nationality and Ethnicity.
You see, in my family tree, just like Markos and our hate mailer George Rockwell, my family has Jewish "blood". ?We did a DNA test and there are indicators that our ancestors were Jewish.
Looking into our family tree we have found many instances of people who were Jewish. ?Most of them converted to Catholicism during the time of the Spanish Inquisition. ?Birth and Death certificates never tell the whole story so we do not know if they continued to practice in secret.
Some of them were from Russia and Spain/Portugal. ?Some from Germany. ?As most of you know, there were Jewish people scattered throughout Europe, practicing or not.
Jewish law requires that your mother be Jewish for you to be Jewish.
Our family also carries Tay-Sachs, which is prevalent among the Ashkenazi Jewish population.
So is Jewish an ethnicity, like Hispanic, Asian?
Is it a nationality?
There are anecdotal stories that some of our relatives may have practiced some of the Jewish holidays,
If you believe the bible, it would be surprising to find people who actually did not have ANY jewish genetics in them.
Sooooooo am I part Jewish?.... discuss amongst yourselves
Source: http://www.dailykos.com/story/2012/09/29/1137986/-Jewish-nationality-religion-or-ethnicity
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A sure sign that the summer is behind is is the opening of the City of Windsor indoor skating rinks this Friday. Once again Parks and Recreation will be offering public skating, adult and senior skates, parent & tot skates, figure skating and preschoolers with sticks.
Four rinks ? Adie Knox Herman, Forest Glade, South Windsor and the WFCU Centre ? will offer different options, with each rink offering a customized program for days and times. For a complete list of options visit the city website.
Admission fees are as follows for families is $9; figure skating practice is $7, parent and tot skating is $2 and regular public skating admissions range from $2 for adults/seniors to $3 for persons 19 and older.
Source: http://windsorite.ca/2012/09/public-skating-opens-at-windsors-arenas/
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LONDON (Reuters) - Tesco
Analysts expect both companies to say Britain's food retail market remains weak and that they do not see much improvement in the economy any time soon, with government austerity measures and inflation running ahead of wages growth continuing to squeeze household budgets.
Once one of the most consistent British companies in terms of earnings growth, Tesco stunned investors in January with its first profit warning in over 20 years.
In April Chief Executive Philip Clarke unveiled a plan to invest 1 billion pounds ($1.6 billion) in its main British business to stem a steady decline in market share to Wal-Mart Stores'
Since then, Tesco has recruited 8,000 permanent staff to help give customers better service, devoted more store space to food, given its stores a warmer look and feel, revamped its food ranges and invested more in lower prices, promotions and marketing, making more use of customer information gleaned from its Clubcard loyalty scheme.
The firm has also stepped up investment in its internet and smartphone services, expanding its online range and rolling out its Click & Collect service of buying online for pick up in store.
Monthly industry data has shown signs Tesco's plan may be starting to work, albeit the firm has been promoting aggressively with money-off vouchers.
On Monday Tesco said its program was showing "the green roots of progress".
FLAT SALES
"At some point commentary from management and the hard sales data will have to move in the right direction if investors are to have confidence that Tesco can recover," said Espirito Santo Investment Bank analyst Richard Cathcart.
Analysts' average forecast is for Tesco, which accounts for more than one in every 10 pounds spent in British shops and makes over 70 percent of trading profit in the UK, to report flat sales at UK stores open over a year, excluding fuel and VAT sales tax, in the 12 weeks to August 25, its fiscal second quarter.
That would be an improvement on like-for-like sales declines in the six previous quarters, including a first-quarter fall of 1.5 percent.
Analysts are also forecasting Tesco, the world's third- largest retailer behind France's Carrefour
Tesco's problems are not confined to Britain. Questions remain over its long-term commitment to loss-making U.S. chain Fresh & Easy, while in South Korea, its biggest overseas market, legislation allowing local governments to impose shorter trading hours is hurting. Growth has slowed in China and at Tesco Bank as well.
For Sainsbury's, Britain's No.3 grocer, analysts are forecasting a rise in sales at stores open over a year, excluding fuel, of 1.3-1.5 percent in the 16 weeks to September 29.
That compares with a rise of 1.4 percent in its first quarter.
Sainsbury has been outperforming rivals helped by strong growth online and in smaller convenience stores.
The company has also benefited from the success of its "Brand Match" pricing promotion, own-label food ranges, market share gains in general merchandise and a shrewd decision to sponsor the London Paralympic Games.
While Tesco's shares have fallen 8.5 percent over the last year, Sainsbury's have risen 25 percent, recently buoyed by the return of speculation regarding a possible renewed bid attempt from its 26 percent Qatari shareholder.
($1 = 0.6176 British pounds)
(Reporting by James Davey; Editing by Mark Potter)
Source: http://news.yahoo.com/tesco-improving-outpaced-sainsburys-152120503--finance.html
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NEW YORK (AP) ? Oil ended the third quarter with a slight gain as investors weighed whether the world economy could pull out of the doldrums.
Benchmark oil rose 34 cents to $92.19 per barrel in morning trading in New York. In London, Brent crude, which reflects what most U.S. refineries have to pay for oil, rose 38 cents to $112.39.
That marks a quiet finish to a quarter in which oil had a dramatic impact on prices at the gas pump and on some sectors of the stock market. Oil gained 8.5 percent during the third quarter, and is up 18.7 percent from the year low hit on June 28. Gasoline prices rose 14 percent to an average of $3.79 per gallon, a record for late September.
Traders will enter the final quarter of the year with many of the same questions that hung over the market for the last three months: Will world oil demand get weaker? Or will stimulus measures from central banks in the U.S., China, Europe and Japan boost economic growth and oil demand? And could tensions between Iran and the West lead to a war that could disrupt supplies?
Economies around the globe are using less oil than expected as they struggle to grow. When economies slow, demand for oil falls because people travel less and ship fewer goods. Meanwhile, supply has been ample thanks to big increases in production from the U.S. and elsewhere.
But two factors have kept oil prices relatively high: Economic stimulus programs from the world's central banks and fears that a military conflict with Iran could disrupt oil supplies.
Enthusiasm for stimulus measures briefly pushed oil over $100 for the only time during the quarter in mid-September. But the reality of the world's economic weakness seemed to settle in and oil fell about $7 per barrel in the past two weeks.
"We expect the focus to return to the deterioration in underlying economic and financial conditions that made the additional stimulus necessary in the first place," said Julian Jessop, chief global economist at Capital Economics in a report Friday.
Conditions in Spain are a reminder that Europe is still in financial crisis. Many think Spain will seek help from the European Central Bank after announcing a round of severe budget cuts on Thursday.
Tensions between Iran and the West over Iran's nuclear program have been heating up for months. Israeli Prime Minister Benjamin Netanyahu suggested this week that Iran could have enough enriched uranium to build a nuclear bomb by next summer. To some analysts, his speech suggested no military action is imminent.
"The announcement likely reduces the near-term threat of war," wrote RW Baird analyst Michael Hall in a research note.
The effect of high oil prices were reflected in the stock market during the quarter. Energy was the best performer of the 10 sectors in the S&P 500 stock index. Chevron Corp. shares hit an all-time high of $118.53 and Exxon Mobil Corp. shares reached $92.57, the highest level since May of 2008. But airline stocks had a rough quarter because jet fuel prices rose. Shares of United Continental Holdings Inc. and Delta Air Lines Inc., the nation's two biggest airlines, fell 20 percent and 16 percent, respectively.
And higher oil prices made trips to the gas station more expensive as the summer progressed. Drivers saw prices rise nearly 50 cents per gallon from early July to late September.
The national average retail price was $3.79 per gallon Friday, according to AAA, OPIS and Wright Express. That's down about a penny for the day, but it's 32 cents higher than this time last year and highest ever for this time of year.
The lowest point for crude oil and retail gasoline prices was at the beginning of the quarter, on July 2, when crude closed at $83.75 per barrel and drivers were paying $3.33 at the pump. Stimulus programs and refinery closures in the U.S. caused by technical problems and Hurricane Isaac pushed prices up from there. On Sept. 14, oil traded over $100 briefly before settling at its high for the quarter of $99 per barrel. Retail gasoline hit its high for the quarter that day too, at $3.87 per gallon.
The quarterly average prices for oil and gasoline were little changed from last year. The price at the pump averaged $3.64 per gallon, just 2 cents higher than last year's third quarter. The average was 7 cents lower than during this year's April to June quarter when gas hit its high for the year of $3.94.
Crude oil averaged $92.09 per gallon, 3 percent higher on average than last year's third quarter.
Natural gas hit its high for the quarter ? and the year ? on Friday. Earlier in the year traders were concerned that a surplus from last year's warm winter and increased domestic production would fill up storage facilities and send prices toward zero. But a blistering hot summer increased demand for gas to generate electricity for cooling and forecasters predict a more normal winter.
Natural gas rose 2.3 cents to $3.32 per thousand cubic feet Friday. For the quarter, natural gas averaged $2.88 per thousand cubic feet, which was 29 percent lower than the average price for last year's third quarter, but 23 percent higher than the April-to-June period this year.
In other energy trading:
? Heating oil rose 1.2 cents to $3.17 per gallon.
? Wholesale gasoline gained 2.3 cents to $2.92 per gallon.
Follow Jonathan Fahey on Twitter at http://twitter.com/JonathanFahey .
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VATICAN CITY (Reuters) - The Vatican has certainly seen more sensational trials in its long history. The Inquisition ordered Galileo to recant his theory that the earth revolves around the sun, and philosopher Giordano Bruno was burned at the stake for heresy.
But even those cases, both in the 17th century, did not involve a breach of trust by a papal aide - the issue at the core of this Saturday's trial of papal butler Paolo Gabriele for stealing and leaking the pontiff's personal papers.
One of the worst crises in Pope Benedict's papacy will play out in a small Vatican tribunal, where a three-judge panel will decide the fate of the 46-year-old Gabriele, whom the pope used to call "Paoletto" (little Paul) and who is now described in Vatican documents as "the defendant".
The case will put the inner workings of the tiny Vatican, the world's smallest state, in the type of media spotlight it usually strives to avoid.
The man who served Pope Benedict his meals and helped him dress is charged with aggravated theft for leaking private papers in a self-styled attempt to clean up what he saw as evil and corruption in the headquarters of the Roman Catholic Church.
The documents pointed to a power struggle at the church's highest levels.
Gabriele, who said he saw himself as a whistle-blowing "agent of the Holy Spirit", risks up to four years in jail if convicted, which is widely expected to be the outcome of the case because he has confessed.
ITALIAN JAIL
Since the Vatican is a monarchy where the pope reigns supreme, the trial will start when the president of the tribunal, standing in front of a crucifix, says, "In the name of His Holiness, Pope Benedict XVI ...".
The trial procedures will be based on a 19th century Italian penal code.
The wood-paneled courtroom, which can hold only several dozen people and has an ornate papal crest at the centre of its ceiling, is the venue for about 30 trials a year, usually for petty crimes such as theft in St Peter's Square, according to Prof. Giovanni Giacobbe, an expert on Vatican law who briefed reporters.
It is not clear how long the trial might last.
Gabriele, a father of three living a simple but comfortable life in the city-state, told investigators after his arrest in May that he believed a shock "could be a healthy thing to bring the Church back on the right track".
The trusted manservant said he wanted to help root out the corruption, "because the pope was not sufficiently informed", according to details made public when Gabriele was indicted in August.
"The Pope cannot tell the judge what verdict to reach, but he can intervene at any time if he wants to, and he can also grant a pardon," Giacobbe said.
Since the papal state has no prison, Gabriele would serve time in an Italian jail if he is convicted and the pope does not pardon him.
TELEVISION NOT ALLOWED
Either side at the trial can call witnesses, but the president of the court will decide on each request. The prosecution and the defense cannot directly question the defendant or witnesses but must do so through the judge, Giacobbe said.
The trial will be covered by a pool of eight reporters. Television cameras and recording devices will be not be allowed in the courtroom, but the Vatican will release a short, silent video clip of the opening of each session of the trial.
Gabriele's arrest capped nearly five months of intrigue and suspense as a string of documents and private letters found their way into the Italian media.
The most notorious of the letters were written to the pope by Archbishop Carlo Maria Vigano, currently the Vatican's ambassador to Washington, who was deputy governor of Vatican City at the time.
In one, Vigano complains that when he took office in 2009, he discovered corruption, nepotism and cronyism linked to the awarding of contracts to outside companies at inflated prices.
Vigano later wrote to the pope about a smear campaign against him by other Vatican officials who were upset that he had taken drastic steps to clean up the purchasing procedures.
Despite begging not to be moved away from the Vatican, Vigano was later transferred to Washington by Secretary of State Cardinal Tarcisio Bertone, the Vatican's number two.
Other leaked letters concerned the Vatican's bank, which has been at the centre of several scandals in the last few decades.
The Vatican has described the revelations as a "brutal" attack on the pope. Benedict himself has merely alluded to personal pain and criticised a media portrayal of the Vatican that "does not correspond to reality".
Gabriele will go on trial alongside Claudio Sciarpelletti, a Vatican computer expert who is charged with aiding and abetting a crime. Sciarpelletti risks up to one year in jail.
(editing by Jane Baird)
Source: http://news.yahoo.com/trial-popes-ex-butler-shine-big-light-tiny-133853292.html
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DENVER (AP) ? The suspect in a deadly movie theater attack was barred from the University of Colorado campus for threatening a professor, weeks before he opened fire at a midnight showing of the new Batman movie, prosecutors said in court documents released Friday.
That conflicts with the university's statements that Holmes was denied access to non-public parts of the campus because he had withdrawn from school.
The name of the person has been blacked out. University officials did not immediately return a message seeking comment.
Just minutes before the shooting, Holmes tried unsuccessfully to call his university psychiatrist, defense attorneys have said.
Holmes also mailed a notebook to psychiatrist Lynne Fenton, a professor at the school, including violent descriptions of an attack, attorneys said. She never received the package addressed to her, and it wasn't discovered in a university mail room until after the shooting.
Defense attorneys don't want it to be used as evidence, saying it's protected by doctor-patient privilege. Fenton last saw Holmes professionally on June 11 before seeing him again in court on Aug. 30.
In the documents released Friday, prosecutors say the professor reported the threats, and Holmes was denied access to campus "as a result of these actions."
In other documents, defense attorneys say the prosecutors' allegations are false, based on university statements.
After weeks of secrecy surrounding the case, most of the documents filed in court were released to the public on Friday.
Holmes, 24, faces 152 charges in the July 20 shooting at an Aurora movie theater during a special midnight showing of the new Batman movie, "The Dark Knight Rises." The attack killed 12 people and injured 58 others.
The defense has a psychiatry expert on its defense team and plans to use him as an expert, giving further insight into a possible insanity defense by James Holmes, the documents showed.
Defense attorneys claim Holmes is mentally ill, raising the possibility that Holmes will plead not guilty by reason of insanity.
In court, prosecutors suggested Holmes was angry at the failure of a once promising academic career and stockpiled weapons, ammunition, tear gas grenades, and body armor as his research deteriorated and professors urged him to get into another profession. Chief Deputy District Attorney Karen Pearson said Holmes failed a key oral exam in June, was banned from campus and began to voluntarily withdraw from the school.
Source: http://news.yahoo.com/prosecutors-shooting-suspect-threatened-professor-142821396.html
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The possibility that Greece may be forced to default on its international and commercial debts raises fears that the whole Euro zone may be thrown into turmoil with other countries such as Ireland and Portugal following. Yet countries in Africa have often defaulted on their loans with little media comment. The British government, as well as others, has several times written off debts owed by Ghana and other sub-Saharan countries. African banking seems to offer decided advantages in this respect with loans to businesses often quietly written off when debtors run into financial difficulties and default on repayments.The easiest and most obvious way to help a poor person is to give him or her some money. Gifts don?t need to be repaid, and if the donor does not expect repayment no problems ensue. Problems arise only when the donor?s loan is the recipient?s gratefully accepted gift. Europeans living and working in Ghana soon learn that there is no such thing as a personal loan. Old hands advise new arrivals to lend only what they can afford to lose. This system operates harmoniously amongst individuals but it is the cause of misunderstanding when extended to small and medium enterprise (SME) development.Overseas development agencies mount projects to support new and existing SMEs that almost invariably include provision for making small loans. The intention is usually to recycle available funds by recovering repayments and making new loans to a new generation of enterprises. This seldom happens. The small business proprietors regard the business loans as they would personal loans and don?t really expect to repay them. After all, the money is often used to pay hospital or school fees, and these investments don?t earn a profit. The result is usually the early winding up of the scheme with outstanding debts written off.Most development agencies active in Africa soon became aware of this problem and almost always combined credit finance with accounting training. One main aim was to encourage SME owners to separate their company accounts from their personal/household accounts. This was much easier said than done, especially when the business owner was the head of a large extended family whose many members could descend upon him with substantial demands at any time. For the head of a clan or a village chief the task verged on the impossible. Yet some such community leaders have built up substantial businesses that have traded for many years. This has only been possible because periodically their debts have been written off.To provide finance to larger businesses, international donors have often made grants to local banks to operate a special credit scheme. When a new scheme is announced, local entrepreneurs hasten to register their claims and the funds are soon fully committed. Repayments will usually be made as long as the foreign agency shows interest, but after that the inward flow of funds shrinks to a trickle. After a decent interval the scheme is wound up and outstanding debts are written off. When asked why they do not pay back loans entrepreneurs usually say that they object to repaying at interest rates above thirty percent the large part of the loan collected by the bank manager. Bankers in Africa are as adept as their counterparts in Europe and America in awarding themselves large bonuses to be repaid from other people?s future earnings.Some defaulting debtors are pursued by banks and a few cases reach the courts. Some companies are forced into liquidation. But for every debtor who comes to grief there are many who are left untouched. They are free to borrow again because they know that their bank managers would be as reluctant as themselves to have the circumstances of their loans exposed. The Greek government must be hoping that such feelings might result in some of its debts being written off.
Source: http://hotnews.blogspages.com/2012/09/27/ghana-life-debt-relief/
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The primary benefit of franchising is risk minimization. Starting a new business is very risky. Numerous studies have shown that over 90% fail within three years. The main reason of such failure is due to the fact that owners have to go through the bedazzling learning curve of operating a specific type of business. However, with franchising, such curve is substantially reduced.
Another reason to purchase a franchise is that a franchise investment can be extensively researched prior to making any significant expenditure. Existing franchisees provide a wealth of information about the business so that beginner franchisees can try the business they purchase to make sure that it is a good fit for them.
Franchisers market a defined, proven business scheme of operation, offering a service or product that has sold successfully. An independent business is based on both an untested idea and operation.
The experience of a franchiser?s management team boosts the potential for success. This experience is usually conveyed through formal instruction and on-the-job training.
Franchisees can usually purchase lower-cost goods and supplied through the franchiser, resulting from the group buying power of all the franchises.
Established franchisers provide national or regional name recognition. While this might not be true with a new franchiser, the benefit of starting with one is the potential to develop as its business and name recognition grow.
Franchising offers a uniform method of operation, so that consumers receive the same quality, efficiently and cost-effectively. A uniform system brings numerous advantages of mass purchasing power, customer loyalty, brand identification, capitalizing on the proven business format.
A franchiser also offers management assistance, including accounting procedures, as well as personnel and facility management. A person with experience in these areas might not be familiar with how to implement them in a new business. The franchiser helps the franchisee triumph over this lack of experience.
Franchisers assist franchisees create a business plan. Numerous elements of the plan are standard operating procedures made by the franchisor. The complicated part of a new business is the start-up, since even experienced managers do not have the utmost knowledge in setting up a new business.
One of the greatest benefits of franchising is marketing. The franchiser can organize and pay for the development of professional advertising and promotion campaigns. The national or regional marketing done by the franchiser benefits all franchisees. Additionally, the franchiser can offer advice on how to create effective marketing programs for local area through a cooperative marketing fund, to which the franchisees add a percentage of their gross income.
It is possible to obtain assistance in financing a new franchise through the franchiser. The franchiser can make arrangements with a lending corporation to loan money to a franchisee. The franchisee must accept responsibility for the loan. The franchiser?s involvement often increases the likelihood that the loan will be approved.
A franchiser also offers training for the franchisee. This is especially significant if the concept is complicated. The best training merges classroom or one-on-one training done at the franchiser?s facility with field training done at the franchisee?s site of business.
Source: http://headlinenews.talkposts.com/2012/09/25/advantages-of-franchising/
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Getting Graduation Announcement Invitations Prepared and Sent
As a party planner planning a grad party, it?s important to know that getting graduation announcement invitations are part and parcel of party planning ? the graduation announcements invitation stationery chosen by a party host will determine the atmosphere of a gathering and the tone of the cards or invites one sends to all the party guests. It is therefore important for a host to dedicate some time to making these selections.
Graduation Announcement Invitations Preparation
First things first ? before you begin filling out announcing cards and invites you have to make important decisions like who is invited to the party and who isn?t. Those who are not invited need to be put on a list to get an announcing card so that they can be notified of a grad?s accomplishments. Once a list of invite and announcing card recipients is created, you?ll know how many cards to order for each grouping.
Those who should be invited include close friends, neighbors, and family, and announcements should be saved for those who live too far away in order to attend. After making an invite list, you?ll need to know party details before you can go any further ? narrow down the date, time, location, and party theme before buying stationery.
Selecting your custom announcing cards should begin at the websites selling this type stationary. If you?re somewhat unsure as to what you want, just talk to some of the staff and let them assist you with selecting your card or even create an exclusive design just for your special education occasion. Just tell them what you need, and they will take care of the details.
Mailing Graduate Announcing Invite Stationery
About four to six weeks before your party is a good time to mail out the stationery you invest in ? make sure you use full, formalized names on the envelopes with every mailing too ? this makes the envelopes attractive and also lets the receiver know that important information is contained within the envelope. Giving recipients a few weeks to respond is always ideal ? it allows for invited guests to make any necessary arrangements so they can be in attendance the day of the event. It also allows for the invited guests to have time to shop for a gift for the grad if they intend to give one.
Graduation announcement Invitations are a vital part of the party planning process, so getting attractive, aesthetically pleasing invites is important to the success of your event.
Read more about Popular Graduation Announcement Invitations, Creative Graduation Announcements Invitation Designs, and lots more written by Sarah Porter for GraduationCardsShop.
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Stocks closed down modestly after opening low and recovering in the afternoon.?Stocks?had risen strongly in recent weeks as traders anticipated, then received, help from the Federal Reserve.?
By Daniel Wagner,?AP Business Writer / September 24, 2012
EnlargeU.S.?stocks?meandered sideways Monday as fears about Europe overshadowed recent excitement about central banks' efforts to boost the market.
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Stocks?opened lower, recovered by mid-afternoon to nearly flat and closed down modestly.
An index of business confidence in Germany, the biggest economy in Europe, fell for a fifth straight month. Many economists had expected it to at least remain flat. Some think Germany is headed for a recession.
The threat of the years-old European debt crisis has seemed less immediate in recent weeks as central banks unveiled measures aimed at encouraging investment and boosting the global economy. The German report reignited those fears.
Stocks?had risen strongly in recent weeks as traders anticipated, then received, help from the Federal Reserve in the form of an open-ended bond-buying program. The Fed will buy $40 billion of mortgage bonds per month until the economy has improved.
"It's not unusual after big moves for the market to, in essence, go quiet and wait for the next catalyst," said Quincy Krosby, market strategist with Prudential Financial. The next catalyst, Krosby said, is third-quarter earnings, which companies will begin to announce next month.
The Dow Jones industrial average closed down 20.55 points, or 0.2 percent, at 13,558.92. The Standard & Poor's 500 index declined 3.26, or 0.2 percent, to 1,459.89. Its two strongest groups were utilities and telecommunications, safer?stocks?that tend to do well in a weaker economy.
The Nasdaq composite index dropped 19.18 points, or 0.6 percent, to 3,160.78. The Nasdaq is heavy in technology shares, which were dragged lower by Apple.
As in the U.S., the concern in Germany is that an economy on the rebound will be weighed down by the rest of the European countries, half of which are already in recession.
Germany's economy grew 0.3 percent in the second quarter from the previous quarter, but a number of economists now believe the country will fall into a recession in the second half of the year.
In the U.S.,?stocks?have gone from underpriced to fairly priced, said Doug Cote, chief market strategist at ING Investment Management. If recent weakness in U.S. manufacturing is any guide, he said, traders will be disappointed next month by companies' quarterly results.
"It will be a sea change ? the first time in three years that we've had negative earnings growth," Cote said. He said China's abrupt economic slowdown is adding to corporate America's woes.
If that happens, Krosby said, it could drive the market lower. Without enough positive surprises from companies this quarter, the Fed program probably won't be enough to extend the rally, she said.
"There's an uneasy feeling surrounding the market," she said.
In the U.S., traders are looking for more good news from the housing market, which appears to be bouncing back after being a stuck in a rut for years. The latest data on new and pending home sales will be released later in the week.
Lennar on Monday became the latest builder to post surprisingly strong earnings. A rise in orders and the number of homes delivered, adding to a big tax benefit, had the Miami homebuilder quadrupling profits. KB Home on Friday did almost as well, and housing shares jumped on optimistic comments from its CEO, Stuart Miller.
On Monday, Lennar closed down 55 cents, or 1.5 percent, at $36.96. KB Home fell 63 cents, or 4.1 percent, to $14.63.
Apple fell after sales of the new iPhone 5 missed analysts' targets. The company sold 5 million units in three days. Its?stock?fell $9.31, or 1.3 percent, to $690.79.
UnitedHealth Group was down slightly on its first day in the Dow, which shuffled its lineup of?stocks?to reflect health care's growing importance in the economy. UnitedHealth, the nation's largest health insurer, replaces Kraft Foods in the Dow. Its?stock?fell 20 cents, or 0.4 percent, to $55.98.
Peregrine Pharmaceuticals Inc.?stock?collapsed after the cancer drug developer told analysts they should not rely on recently disclosed data about its lead product, a proposed lung cancer treatment. The?stock?fell $4.23, or 78.5 percent, to $1.16.
The price of oil fell to around $92 a barrel, dragged down by concerns about weakening global growth and demand for crude. Benchmark crude fell 96 cents, or 1 percent, to settle at $91.93 per barrel on the New York Mercantile Exchange.
Stronger demand for safe investments pushed the yield on the 10-year Treasury note down to 1.72 percent from 1.75 percent late Friday.
Source: http://rss.csmonitor.com/~r/feeds/csm/~3/jRGVnPSl59Y/Stocks-waver-as-confidence-falls-in-Europe
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LEWISTON, Maine ? The Jello-wrestling competition may have been a bit light on contestants, but it was definitely slimy on fun at this year?s Rock & Tattoo Expo.
In the end, there were no winners. There were, however, three friends cheered on by a crowd and covered from head to toe in orange Jello. Contestants shoved the slimy concoction at one another all the while trying to keep their balance in a plastic, blow-up baby pool.
?I guess we?ll just have to see what happens,? said Tina Handley, of Mexico, just minutes before getting in the ring with her friend Jennie Nisbet, of Rumford. ?The Jello?s pretty slippery, so I don?t expect to be standing much.?
The good-natured ? albeit gooey ? fun was all part of the three-day event held at the Androscoggin Bank Colisee featuring more than 40 tattoo artists from all across New England and as far away as California and Florida. Now in its third year, organizer Kris Howes ? tattoo artist and owner of INK! in Rumford ? said the event has nearly doubled each year.
In addition to tattoos and body piercings, the expo also featured a full slate of bands all day Saturday, as well as a freak show and art auction benefiting the family of Ken DeMars, of Carthage, who died suddenly at his home in July. Howes said this year?s event attracted about 1,000 people ? from the curious who came for their first tattoo or body piercing ? to those who wanted to add to their skin canvases.
?I think it?s become more accepted in the last five years,? said Howes? girlfriend, Michelle DuFault. ?It?s become more mainstreamed over the last few years.?
Nisbet said the Jello wrestling was a joke of DeMars who kept trying to talk organizers into having the event as part of the Expo. She said despite the low number of people who entered the event, the wrestling was fun and that was what the Tattoo Expo was all about.
April Pelletier, tattoo artist and co-owner of Artistic Creations in Auburn, said meeting tattoo artists from all over was one of the best parts of the event. This was her tattoo shop?s first time participating in the expo.
?Every artist here was phenomenal. The bands were amazing. And the people were just fantastic,? Pelletier said.
According to Pelletier, the event drew several new customers to the shop she owns with her husband and fellow tattoo artist, Eric, as well as many repeat customers to their business. Three new customers included sisters Joann Breen, of Skowhegan, and Michele and Beth Aldrich, both of Norridgewock, who came to the the Expo to all get the same tattoo.
Breen said all three got the word ?Sisters? permanently inked on their body with the infinity sign below it. While her sisters opted to have their tattoos placed on their feet, Breen got her tattoo on her wrist.
?We?re bonding. This is sister bonding,? said Breen with a laugh. ?I think if you get a tattoo, you should be proud of it. You shouldn?t get it just because.?
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ScienceDaily (Sep. 24, 2012) ? Comprehensive prenatal care can decrease the rate of low birth weights, according to a study led by Dr. Yasmin Neggers, a University of Alabama researcher and professor of human nutrition and hospitality management.
Neggers and her colleague, Dr. Kristi Crowe, UA assistant professor of nutrition, traveled to Havana, Cuba during February 2012 to conduct research on the relationship between comprehensive prenatal care and rate of low birth weight in this developing country.
Low birth weight, or LBW, -- less than five and a half pounds at birth -- is a significant factor affecting neonatal mortality and predictor of newborn health.
Neggers, whose main research focus is nutrition during pregnancy, was intrigued by Cuba's low rate of LBW.
"Cuba, being a third-world, developing country, has a LBW rate that is half that of Alabama. It was kind of surprising."
She and Crowe, assistant professor of nutrition, looked at the factors that are usually linked to low birth weight such as smoking, gaining weight during pregnancy and alcohol intake.
All of those factors were not in Cuba's favor.
"All the typical risk factors that cause low birth rate are better in the United States and Alabama," Neggers said. "So, we looked at prenatal care, the care before and during pregnancy, and there was the difference. Prenatal care in Cuba is so much better than typical U.S. care, especially compared to Alabama."
Pregnant women in Cuba are provided free prenatal visits to their doctors very frequently, get adequate and regular screenings and health checks, including vitamin and mineral supplements, and get the proper remedies if something is amiss.
"Here, especially in poor and rural counties, prenatal care is often infrequent, and only half of the women get adequate prenatal care. Some just go to the emergency room to have the baby -- they never have any prenatal care."
Working with faculty at the University of Havana and the Cuban Institute of Nutrition and Hygiene, Neggers and Crowe are developing a proposal for further research.
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Source: http://feeds.sciencedaily.com/~r/sciencedaily/~3/tZVj8jhUH6c/120924174958.htm
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Yup- I know, need some more paint in a couple of spots- considering I painted it without a ladder, I thought I had done good! The hall leans to the dark side, and I didn't see where additional paint was needed, until I used the flash!
While I know I could make the wall decals, it was SO easy and simple to open the box and install the decal, that I am looking at ordering more decals from Wise Decor, and saving my time (and probable aggravation-the Cricut and I have a love/hate relationship)! You can get reward points from every order you refer, and that YOU do, to get discounts on future orders! Plus they have newsletter specials and coupons. Here is another decal I'm thinking about for Kiddo's room:
Source: http://blesstheirheartsmom.blogspot.com/2012/09/product-review-and-giveaway-wise-decor.html
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ScienceDaily (Sep. 24, 2012) ? A team of neuroscientists and chemists from the U.S. and China September 24 publish research suggesting that a class of currently used anti-cancer drugs as well as several previously untested synthetic compounds show effectiveness in reversing memory loss in two animal models of Alzheimer's disease.
CSHL Professor Yi Zhong, Ph.D., who led the research conducted in fruit flies and mice, says he and his colleagues were surprised with their results, which, he stressed, used two independent experimental approaches "the results of which clearly converged."
Specifically, the research converged on what Zhong's team suggests is a "preferred target" for treating memory loss associated with the amyloid-beta (A?) plaques seen in advanced Alzheimer's patients. That target is the epidermal growth factor receptor, often called by its acronym, EGFR.
Overexpression of the EGFR is a characteristic feature of certain cancers, notably a subset of lung cancers. Two targeted treatments, erlotinib (Tarceva) and gefitinib (Iressa), can dramatically, albeit transiently, reverse EGFR-positive cancers, by blocking the EGF receptor and thus preventing its activation.
The newly published research by Zhong's team suggests that the signaling within cells that is induced by EGFR activation also plays a role in the pathology -- still poorly understood -- involved in A?-associated memory loss seen in Alzheimer's patients.
Zhong and colleagues previously had studied A?-associated memory loss in fruit flies with brain cells expressing the A?-42 peptide (a specific version of the protein, composed of 42 amino acids, seen in Alzheimer's plaques). These fruit flies are regarded as models of the illness in part because the A?-42 they manifest is encoded by a human gene, inserted in their genome. In behavioral experiments, such flies have been shown to suffer memory deficiencies analogous to those seen in human Alzheimer's.
Enhanced activation of EGFR exacerbates memory loss in flies
In the current round of experiments, Zhong's team demonstrated that enhanced activation of EGFRs in brain cells exacerbated memory loss in the A?-42 fruit fly model of Alzheimer's disease. This led them to dose 3-day-old flies of this type with the two anti-cancer EGFR inhibitors over a week's time, which was shown in behavioral tests on day 11 to prevent memory loss. The results were then confirmed in mouse models of Alzheimer's, also based on the human A?-42 gene.
This was remarkable, but even more so, says Zhong, because of a parallel but independent experimental process that also suggested EGFR as a drug target for Alzheimer's. This parallel process consisted of screening, by Zhong's collaborators in China, of some 2,000 synthetic compounds for activity against A?-induced memory loss in model fruit flies. Of these, 45 compounds showed positive results in fruit flies after two months of dosing. Nine of these were selected for testing in mouse models, of which four showed positive results after two months.
"We were amazed to find that three of these compounds -- designated JKF-006, JKF-011 and JKF-027 -- not only showed effective results in rescuing memory loss in the mice, but also, in test-tube-based experiments prevented A?-42 from activating human EGFR," Zhong reports.
Blocking EGFR signaling appeared to prevent memory loss
Importantly, a precise mechanism could not be conclusively demonstrated from this and related experiments. But the available evidence leads the scientists to propose in a paper appearing online today in Proceedings of the National Academy of Sciences, that reversal of memory loss occurs when clumps of beta-amyloid proteins are either prevented directly from "docking" with the human EGF receptor, or prevent phosphate groups from attaching to the receptor, a process called phosphorylation. Both hypothesized processes would prevent the initiation of the EGFR intracellular signaling cascade.
Zhong and colleagues note the uncertainty of Alzheimer's pathology. Memory loss stemming from A?-induced activation of EGFR "may reflect the acute toxic effects of A?, which might be independent of synaptic and neuronal degeneration," they note. To gain more insight, the team tested drug treatment of middle-aged mice (8 months old) with advanced memory loss during an 18-day period -- some six weeks shorter than the dosing period initially shown to be effective.
"Eighteen days -- the shortest dosing period we tested -- was sufficient to reverse loss in these mice, although we should note that these animals had few morphological changes in the brain despite their severe memory loss when treatment began," Zhong says.
Because of the positive results they obtained in reversing memory loss in animal models, the team suggests additional testing with EGFR inhibitors be conducted, as well as testing of "behaviorally screened chemicals in treatments of Alzheimer's patients."
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Source: http://feeds.sciencedaily.com/~r/sciencedaily/top_news/top_health/~3/s84e201qyVk/120924152535.htm
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Former ECB Chief Economist Says ECB Is In Panic
Zero Hedge
Sunday, September 23, 2012
If anyone thought the bad blood between Germany and the rest of the insolvent proletariat, aka the part of the Eurozone which is out of money (most of it), and which has been now confirmed will be supporting Obama (one wonders what the quid for that particular quo is, although we are certain we will find out as soon as December), complete collapse of the Greek neo-vassal state of the globalist agenda notwithstanding, had gone away, here comes former ECB chief economist Juergen Stark to dispel such illusions.
In an interview with Austrian Die Presse, the former banker said what everyone without a PhD understands quite well: ?The break came in 2010. Until then everything went well??Then the ECB began to take on a new role, to fall into panic?. Together with other central banks, the ECB is flooding the market, posing the question not only about how the ECB will get its money back, but also how the excess liquidity created can be absorbed globally. ?It can?t be solved by pressing a button. If the global economy stabilises, the potential for inflation has grown enormously? It gave in to outside pressure ? pressure from outside Europe? Why, whichever bank headquartered at 200 West, NY, NY might he be referring to?
From Telegraph:
He added that ?panic? about the eurozone breaking up was ?nonsense? but that the only way to end the crisis was for member states to bring down their debts and implement structural reforms to boost economic growth.
?Governments have recognised that returning to budgetary discipline is indispensable. Markets focus much more on whether states will be able to service their debts in five years? time,? he said.
Mr Stark quit in late 2011, following in the footsteps of former Bundesbank head Axel Weber, who stepped down earlier in the year from Germany?s central bank because of unease about the ECB?s policies.
Mr Weber?s successor Jens Weidmann was the only member of the ECB?s policy-setting governing council to vote against the bank?s new programme earlier this month.
?Weidmann?s arguments ? should not be made light of,? Mr Stark told Die Presse. ?The way in which his position has been publicly commented upon by the ECB leadership has crossed the line of fairness.?
And speaking of continuing takeover of the world by a few not so good banks, a loud warning that the advent of globalist influences (i.e., bankers) is taking over Europe and that the ?destruction of Europe?s democracy is in its final phase? comes not from some European (or American? or Zimbabwean) fringe blog, but from the 71 year old president of the Czech Republic, someone who certainly knows about the difference between communism and democracy, Vaclav Klaus. In an interview with The Sunday Telegraph, ?V?clav Klaus warns that ?two-faced? politicians, including the Conservatives, have opened the door to an EU superstate by giving up on democracy, in a flight from accountability and responsibility to their voters. ?We need to think about how to restore our statehood and our sovereignty. That is impossible in a federation. The EU should move in an opposite direction,? he said.?
Alas, what also is impossible in a Federation is for a banker-controlled entity to provide money out of thin air, i.e., public debt, which dilutes the ?common currency? in the process preserving the illusion that credit-fueled growth (the only kinds the world has seen since the advent of the Federal Reserve) can continue for ever, when in reality all that is happening is the ongoing dilution of sovereignty alongside the destruction of individual currencies. This is precisely what the status quo, i.e., the abovementioned company headquartered at 200 West, wants.
And what the status quo wants it always gets, absent a revolution.
Back to Klaus:
Speaking in Hradcany Castle, a complex of majestic buildings that soars above Prague, and is a symbol of Czech national identity, Mr Klaus described Mr Barroso?s call for a federation, quickly followed by the German-led intervention, as an important turning point.
?This is the first time he has acknowledged the real ambitions of today?s protagonists of a further deepening of European integration. Until today, people, like Mr Barroso, held these ambitions in secret from the European public,? he said. ?I?m afraid that Barroso has the feeling that the time is right to announce such an absolutely wrong development.
?They think they are finalising the concept of Europe, but in my understanding they are destroying it.?
President Klaus, 71, is one of Europe?s most experienced conservative politicians; he has served as his country?s prime minister twice after winning national elections and will complete his second term as Czech President next year.
Frequently referred to as the ?Margaret Thatcher of Central Europe?, Mr Klaus was born in Nazi-occupied Prague, played a key role in the 1989 Velvet Revolution that overthrew Communism and became founder of the Czech Civic Democratic Party, which has remained in government for most of the Czech Republic?s independence.
He reluctantly recommended Czech Republic membership of the EU in 2004 and five years later was the last European head of state to sign the Lisbon Treaty, delaying signature, under intense international pressure, until all legal and constitutional appeals had been exhausted against it in his country. ?We were entering the EU, not a federation in which we would become a meaningless province,? he said.
?
?When it comes to the political elites at the top of the countries, it is true, I am isolated,? he said. ?Especially after our Communist experience, we know, very strongly and possibly more than people in Western Europe, that the process of democracy is more important than the outcome.
?It is an irony of history, I would never have assumed in 1989, that I would be doing this now: that it would be my role to preach the value of democracy.?
Even more ironic than the return of corporation-controlled statism under the guise of socialism, will be the return of fascism, whose neo-variants are already exhibiting themselves in countries like Greece.
But more on that in a few months, when other European countries get sick and tired of the banker oligarchy and realize that there is really no party that represents the people in a world in which democracy is merely a mirage.
And so, once again, the most horrific aspects of humankind history will repeat themselves, only this time with far more potent and destructive weapons to enforce one?s ideological superiority, or in this case to preserve an global equity tranche where the legacy wealth is preserved, and which in any normal parallel universe would have long since been wiped out. Just as soon as the ?Democratic? emperor is exposed as having no clothes by more than just those who still are not afraid to tell the truth.
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