Thursday, September 6, 2012

Bank of Canada hints at rate hike but stands pat for now

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Source: www.huffingtonpost.com --- Wednesday, September 05, 2012
For the 16th consecutive policy meeting, the Bank of Canada has decided to keep its benchmark target for the overnight rate steady at one per cent. The world's economy is expanding at roughly the pace Canada's central bank was anticipating, the bank said Wednesday. Europe's economy is in crisis and the U.S. economy is expanding at a gradual pace ? two factors putting a damper on Canada's prospects. Despite those headwinds, the bank said it expects Canada's economy to pick up the pace next year. But not, apparently, enough to compel the bank to raise its target for the overnight rate ? yet. "To the extent that the economic expansion continues and the current excess supply in the economy is gradually absorbed, some modest withdrawal of the present considerable monetary policy stimulus may become appropriate," the bank said. That's the central bank's way of saying it is leaning toward raising rates slightly, whenever it deems the time is appropriate. The bank said Canadian consumer debt levels continue to be a "burden," but described the level of business investment ? a key sign that the private sector is spending and investing to grow the economy ? as "solid." Low rates help stimulate Canada's economy. But cheap borrowing has compelled Canadians to take on more debt, which means the central bank must walk a fine line. The Royal Bank of Canada said that to a certain extent, the central bank's hands are tied in terms of being able to ...

Source: http://www.huffingtonpost.ca/2012/09/05/bank-of-canada-hints-at-r_n_1857427.html

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Wednesday, September 5, 2012

The Queen of Versailles rescheduled for tonight at the CAC | Blog of ...

The Queen of Versailles rescheduled for tonight at the CAC

Posted by Ken Korman on Tue, Sep 4, 2012 at 12:15 PM

Two Film Society screenings of documentary The Queen of Versailles postponed last week due to Hurricane Isaac have been rescheduled for tonight, Tuesday, September 4, at at 6 and 8 p.m. at the Contemporary Arts Center, 900 Camp Street in the CBD. The film chronicles the lives of David and Jackie Siegel, billionaires who busy themselves building the largest private house in the world until the financial crisis of 2008 arrives unexpectedly.

Read our full review of the film here. Advance tickets can be purchased here.

Tags: The Queen of Versailles, The New Orleans Film Society

Speaking of The Queen Of Versailles, The New Orleans Film Society

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Source: http://www.bestofneworleans.com/blogofneworleans/archives/2012/09/04/the-queen-of-versailles-rescheduled-for-tonight-at-the-cac

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A pale green tinge for U.S. presidential campaign (reuters)

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What about the Kids' Vote? | Better After 50

Politics is heating up. The conversations at dinner with friends are 90 percent about the candidates and their issues. Brought up as a liberal New Englander, my track record has been to vote Democrat across the board.

This year I am listening with a different ear.? I am less focused on the party; I care most about the issues.? When I talk to the kids in my college classroom they too care more about issues vs. party. This makes for great heated conversations.

Steven Covey, in The Seven Habits of Highly Effective People, says one important key to success is ?to put first things first.? There is so much chatter around the candidates and their personalities, etc., that it?s distracting. The Covey approach really helps the decision process.

Cream rises to the top when I focus on the issues and that is making my choice of candidate quite simple.

This summer, my husband?s family visited us for the weekend, and his niece brought her friend from college. She was from the South and had just graduated.? ?You must be very excited to be eligible to vote in this presidential election,? I said with a sweet earnest smile. Her reply: ?Not really. I really don?t know enough to make a decision. I am not fully informed on the topics or the candidates, so I don?t feel comfortable about voting. I?m not sure I am going to vote.?? I felt the hair stand up on my arms: ?Not vote! screamed inside my head?

Trying not to lecture, but ever the teacher (Lord help this captive guest who is eating our food at our table), I felt it was my job to get her informed before the dessert course, and off to the polls. I could sense my husband?s niece tensing up, knowing her step-aunt was revving into gear.

Pushing the peas around on my plate, I gently said to this lovely guest, ?It?s easy to get informed. Let?s just start with the issues.? What?s the most important issue to you?? I nodded to Steven Covey for his simple, sophomoric guidance.? Our young guest squirmed a bit and said, she wasn?t sure. Okay? I then offered her a menu of issues-? let?s just say there are a few: health care, women?s right to choose, taxes?.? Oh, now she was ready.

?Taxes.??? Wow?I didn?t quite expect that. She is 22 years old, working in an entry level job in the service industry, and taxes are her number one issue? Really? My cloak of calm was ruffling. Why was she avoiding the ?hot? topic? ?Why taxes?? I asked. ? I just don?t think we should be paying so much for all the government services; we don?t need them.? People shouldn?t have to pay so much.?? And that was that. There was quiet.? I kept my mouth shut and reflected on geography. This young lady is from an area that had been devastated by hurricanes and tropical storms that had received plenty of government relief, but I decided not to go there.

I pivoted -? ?You are a woman. Are women?s issues less important or more important than taxes?? ?Oh yes, it?s true they are the most important,? she agreed. She began to look animated-?this was clearly her ?hot? topic. She owned this one. I was thrilled to see her so engaged.

?Actually, I don?t believe in abortion, but I think women should be able to choose if they want to have one.? The niece piped in, wide-eyed, and said to her friend, ?You wouldn?t have an abortion if you were raped, honestly you wouldn?t??? ?Oh well, of course-?of course I would.? But I really don?t believe in them.?

I was so happy the 22 year olds were off and running, now fully engaged in this dialogue?but they were not happy.? They don?t like talking politics-?it?s too divisive.

OK, back to the peas?. I acknowledged this woman?s clear position and was thrilled that I almost midwifed a vote (or so I thought).

?So which candidate do you think supports your passion around ?CHOICE,? because it looks like you know where you stand on this issue??? She unexcitedly says, ?Obama.? But I can?t vote for him.?

Oh, I was confused?Steven Covey where are you? This wasn?t working. Are our kids destined to vote their families? ticket or can they step out and vote their own minds and hearts? ?My husband gently placed his hand on my shoulder, cleared my plate, and asked if anyone would like a nice, sweet piece of cake.

This midwife had just experienced false labor.

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Source: http://betterafter50.com/2012/09/what-about-the-kids-vote/

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Tuesday, September 4, 2012

The Way We Work: Graduating Job Hunters Play Waiting Game at ...

Many college graduates are finding themselves in a decidedly retro phenomenon, where economic independence starts from the security of their parents' homes.

"What seems to be changing is not that kids are returning home for a while after college, but how long they are living at home before they can leave," said Lawrence Levy, executive dean of the National Center for Suburban Studies at Long Island's Hofstra University. That could have widespread implications for local communities.

Changing economic dynamics and cultural shifts are among the reasons experts cite for the re-emergence of nuclear, multi-generational family homes not unlike family units of post-WWII America.

More Kids at Home, Less Stigma

A study by the Pew Research Center of U.S. Census data determined that 39 percent of adults (ages 18-34) live with a parent or moved back home at some point during recent years. Among those who have just graduated high school or college (ages 18-24) 53 percent lived at home or moved back temporarily.

Those figures represent the highest percent of Americans living in multi-generational homes since the 1950's, the Pew study said.

In many affluent suburbs, insecurity about economic prospects often predeominate: An extensive survey by the Stony Brook University Center for Survey Research from the fall of 2011 was a snapshot of life in post-recession suburbia: nearly 70 percent of the Long Island households surveyed with family incomes between $35,000-$100,000 annually reported some difficulty in meeting their monthly mortgage or rental payments.

An Associated Press report in April that said opportunities for college graduates vary widely. The report indicated that those with degrees in the arts and humanities may have a long wait ahead of them.

Levy's take: "These are not your mother's and father's suburbs."

In the Pew study, nearly half of these so-called "boomerang" children report paying rent to their parents and almost 90 percent have helped with household expenses.

The social stigma of living at home may also be disappearing, many experts report. The Pew study said about 75 percent of returning young people reported the living arrangements were either good (24 percent) or about the same as before they left (48 percent).

Many reported having college friends in the same circumstances and, unlike previous generations, the explosion of social media keeps them in touch with college friends who are far away.

Sharply Divided Generations

Levy is a Baby Boomer, and after college, he traveled a bit and moved back home briefly, but picking a career and moving out went together naturally. He spent 30 years as a journalist, eventually becoming chief political columnist at Newsday.

"It is clear that this (new) generation now faces much bigger debt, car loans and school loans, credit card costs," Levy said. Looking at his friends and neighbors, he sees suburban newcomers who are more comfortable with a multi-generational family arrangement than the previous generations that turned Long Island's farms into bedroom communities of shopping plazas and armies of commuters to Manhattan.

He might as well be talking about Laura Conte. "I'm still at home because I enjoy it," said the 24 year old a public relations specialist. "I do not make enough money to live on my own and save the way that I want to. My monthly bills are fairly low and I think it is more beneficial to save my money at this point."

Even the secure are staying home. For the last year, financial advisor Bryan Trugman, 29, is a practical, accomplished professional who understands the importance of saving for the future. Since graduating SUNY Binghamton, Trugman, who teaches others how to be responsible with money, first lived at home or with his dad and later shared a place with a brother. Now he has had his own place, an apartment in Plainview, a Long Island suburb about 30 miles east of Manhattan. But that is a recent development.

"It's financially challenging to enjoy a certain lifestyle while building a practice, and finding the time to pursue professional designations," he said.

In many ways Trugman is the norm among educated suburbanites who didn't want to leave their home communities and were willing to re-adjust to living with relatives. His approach can be strikingly pragmatic to people who think of the their 20s as a time to head out adventurously into the world and start a career.

For Conte, a 1950s-style scenario sounds just fine: "I would like to stay at home until I get married or save enough money to put a down payment on a house," the LIU Post graduate said. "Whichever happens first."

Source: http://wellesley.patch.com/articles/the-way-we-work-graduating-job-hunters-play-waiting-game-at-home-9b7b04cf

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Monday, September 3, 2012

Rebels hit Syrian army headquarters

Youssef Boudlal / Reuters

A Free Syrian Army fighter takes up position to fire a rocket-propelled grenade in Aleppo on Sunday.

By Reuters

AMMAN - Syrian rebels said they planted bombs inside the Syrian army's General Staff headquarters in central Damascus on Sunday as President Bashar al-Assad's forces bulldozed buildings to the ground in parts of the capital that have backed the uprising.

Syrian state television said four people were wounded in what it called a terrorist attack on the General Staff compound in the highly guarded Abu Rummaneh district, where another bomb attack killed four of Assad's top lieutenants two months ago.

Syrian rebels say they hit Assad?s air power

As the rebels demonstrated they could strike at the heart of the security apparatus, residents said army bulldozers moved on neighborhoods to the west, destroying at least 20 buildings in the Sunni Muslim areas that have sheltered the insurgents.


In the eastern Damascus neighborhood of Hazza, footage taken by activists on Sunday showed several buildings on fire. Opposition sources said the army had earlier stormed the area and executed 27 young men.

?

Snn Handout / EPA

An image from a video provided by the Shaam News network on Sunday shows a plume of smoke rising up after a shelling in the embattled city of Homs, Syria. Government forces shelled parts of northern Syria to target rebel strongholds.

"Any youth of fighting age seems to have been captured and killed," said activist Obadah al-Haj, who had fled the area.

Activist video footage from the area showed a young man lying dead beside a yellow taxi, shot in the face. Another dead youth was in the driver seat, blood covering his head and chest.

Assad belongs to the minority Alawite sect, an offshoot of Shi'ite Islam that has dominated power since members of the sect led a military coup in 1963. Assad's father took power in 1970.

Loyalist forces killed at least 25 men on Sunday when they shelled and stormed al-Fan, a Sunni village in the province of Hama, opposition campaigners said.

The Syrian Network for Human Rights said most of the men appear to have been killed by shelling, but an unspecified number were executed when troops stormed the village later. The official state news agency said a military operation on Fan targeted "terrorists who were scaring citizens."

?

Assad stays cool amid reported slaughter on the bread lines

Video footage from Fan taken by activists showed women and family members crying over bodies wrapped in white sheets and placed in a row on the floor of a mosque.

As the uprising in Syria has spread over the last 18 months, it has taken on a more sectarian bent, with activists saying Assad's best trained forces are spearheading the fight in the capital.

Assad, who is backed by Shi'ite Iran and its Hezbollah Lebanese proxy, has lost control of rural areas in northern, eastern and southern regions and has used helicopter gunships and fighter jets to try to subdue the opposition.

But the aerial bombardment has driven fresh waves of refugees into neighboring countries, reviving Turkish calls for "safe zones" to be set up on Syrian territory.

With Russia and China blocking action by the U.N. Security Council however and little appetite among Western states, or Turkey itself, for committing troops to secure such zones, there is scant chance they will be set up any time soon.

In the U.S., Syria has occasionally popped up in presidential campaign rhetoric. Republican presidential nominee Mitt?Romney told CBS News that he would send U.S. troops to Syria if needed to prevent the spread of chemical weapons.

?Clearly the concern would be that some terrorist group, whether Hamas, Hezbollah, al-Qaida or others would receive the capacity to carry out a mass destruction, mass death type of event,? Romney said. ?And therefore America has to be ready whether it?s there or anywhere else in the world.?

On Sunday, Vice President Joe Biden said Romney is ?ready to go to war in Syria and Iran.?

Biden did not use similar language on Syria at a later campaign stop.

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Source: http://worldnews.nbcnews.com/_news/2012/09/02/13626273-rebels-hit-syrian-army-headquarters-in-damascus?lite

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Sunday, September 2, 2012

Great Tips For A Successful Home Improvement Project











As the seasons change and our tastes become a little more defined, many people get tired of looking at the same-old-same-old in their homes. Not everyone is out to completely remodel their dwellings, but most are going to tackle a home improvement project or few. Make sure you're doing it right by following the tips below.

Windows

When you are looking to replace or install window treatments in your home, look into options that tint the windows to reduce the sun glare that comes through during the day as well as shades that can keep your home insulated. This means that the heat will be kept in during the winter and the cool in during the summers.

Replace your windows. If you have cracked, damaged, or drafty windows, replacing them is a quick home improvement project that has a great payoff. Replacing them with weather resistant or high efficiency windows will allow them to pay for themselves in no time and also give your home a fresh new look.

Light is a premium often overlooked in home improvement projects. There are far, far more rooms in the world that are too dim than there are rooms that are too bright. Adding more light fixtures is almost always a wise home improvement job, and often a fairly simple one. In more extensive renovation work, installing more windows accomplishes similar results.

If you are looking for interesting information about home improvement you can check Velfac Fenster.

If you have high ceilings, do not dwarf your windows by hanging drapes immediately above them or on the window frame itself. Hanging curtains or drapes about a foot above the top of the window makes them look larger, and you will not have so much empty space above the windows.

Doors And Windows

Make sure you have weather stripping around all of your doors and windows. This helps you with multiple problems. It keeps air from leaking out keeping your house cooler or warmer when you're running your A/C or heat. It can also keep little critters from finding their way in. It's also good if you're in an area that floods a lot, to keep water from seeping in.

Be sure that your doors and windows have tight seals to keep out extreme temperatures and to insure the best air quality in your home. If the air coming into your home is filtered through your heating and cooling system, you will have less chances of contracting air-borne illness.

Improve your home in an environmentally friendly way by adding weatherstripping to keep your doors and windows from leaking warm or cool air. Not only does making your home weatherproof benefit the environment, it also helps to put many of your hard earned dollars back in your wallet.

When painting the exterior of your home, use architectural details, doors and windows to add visual interest by painting them (or around them) with an accent color that coordinates with your main color. This keeps your color scheme from looking too monochromatic and helps interesting design features to stand out.

What you have just learned from the tips above might not be as specific as you need for any one particular project, but you should get a good idea of how you need to prepare for a home improvement project. It's not just something you should leap into. Use what you've learned here to act as your guide.

Keywords: doors and windows,quality windows,new windows,sliding doors,patio doors,window manufacturer

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