Video: Rep. McCarthy: NRA, gun advocates are pushing paranoia, fear


>>> feels like we report news like this far too often, but today a student was shot in the head at an atlanta middle school and remains hospitalized. the suspect, a fellow student, has been apprehended. keep that in mind as you listen to the right wing voices resisting even common sense gun restrictio restrictions. they emptied their entire bag of tricks, everything from why have laws to citizens need military caliber guns because police budgets have been slashed but one argument made by gayle trotter was slippery and misleading. one democratic senator called her bluff. here is the sequence at a hearing designed to consider whether assault weapons should be banned. trotter told the story of a single mother who used a gun to protect herself and her baby. jild like to begin with the compelling story of sarah mckinley , home alone with her baby, she called 911 when two violent intruders began to break down her front door. as the intruders forced their way into her home, miss mckinley fired her weapon fatally wounding one of the violent attackers. the other fled.

>> no mention of the type of weapon the woman used. in fact, the woman defended herself with a shotgun. and a pistol. neither of which would be affected at all by the assault weapons ban . later she gave a historical example of a woman using an assault ripele for protection.

>> an assault weapon in the hands of a new woman defending her babies in her home becomes a defense weapon and the peace of mind that a woman has as she’s facing three, four, five violent attackers, intruders in her home with her children screaming in the background, the peace of mind that she has knowing that she has a scary looking gun gives her more courage when she’s fighting hardened violent criminals.

>> so all mothers should have assault weapons . it’s like happiness is a warm gun here. but rhode island senator sheldon white house, one of the coming as far as of the u.s. senate , didn’t want there to be any confusion or conflation here.

>> miss trotter, quick question. sarah mckinley in defending her home used a remington 870 express 12 gauge sht gun that would not be banned under the statute, correct.

>> i don’t remember what type of weapon she used.

>> well, trust me, that’s what it was. and it would not be banned under the statute.

>> i think you can understand that as a woman i think it’s very important not to place undue burdens on our second amendment right to choose to defend ourselves.

>> absolute propaganda with that final line trotter gave it away. she appropriated phrases from the pro choice reproductive rights movement about undue burden and about choice. every trick in the book we’re seeing here. joining me is u.s. congresswoman carolyn maloney who has had real life experience and msnbc contributor ron reagan . what do you think of that performance where she’s using the language we’re familiar with on abortion rights , undue burden , choice, as a woman. the language appealing to gender. you’re a woman. what do you make of it?

>> well, to be honest with you, i was shocked because obviously she doesn’t know what we’re trying to do. number one. that woman will have the right to defend herself, and she will have the gun of her choice even if she wants to use a large magazine, she will because it will have ten bullets and one in the chamber. that’s 11 bullets. i would tend to think that this is not an issue between men and women and the right to be able to own a gun. we’re not even going there. excuse me. so what you’ve seen in that hearing yesterday, not just with her, but really on the whole side, lapierre was way out of line as far as he was saying on something that he said a couple weeks ago. we’ll think about, you know, background checks . they’re backing away right now, and in my opinion they’re running scared.

>> you know, in catholic school when everybody did something wrong in the old days, they would say what if everybody did that. can you imagine a country, congresswoman, where everybody had not not a sawed-off shotgun, but everybody and every mer, had to have a semiautomatic rifle at hand at all times. everybody had to live like that because if it wasn’t the bad guys coming in, like five of them according to her in this situation, the government mightimight be coming in and you have to protect your babies.

>> paranoia and fear is definitely what the nra has been doing and i wish they had listen to the majority of their members that are saying we should have universal background checks . an awful lot of them are saying i don’t need a large magazine. that’s not what i hunt for. i have a gun home to protect my family. we’re not taking any of that away. but there’s still — if you read the blogs and everything, i mean, what’s being put out there is so far from the truth. but when you think about it, you know, what we’re trying to do is holistically, we’re trying to look at the guns that cause the most damage, the large magazines which obviously once you go over that 15, 20, 30, 40, up to 100, they say, well, that’s taking away our right, but why did we ban machine guns ? that’s legal by the supreme court . i still go back to the supreme court which they seem to be ignoring right now, the nr a. they don’t even want to listen to their own people in the supreme court saying that the municipalities and the sats have the right to make laws to protect their citizens.

>> let’s go to ron reagan on these thoughts. i want you to watch something by lindsey graham here. lindsey graham has been all over the place doing bad work i think the last couple days. here he is warning that cuts to police budgets, talk about republicans going crazy, are one reason citizens need guns with high capacity magazines. in other words, you got to reproduce the local police department. let’s listen here.

>> right.

>> because of the fiscal state of affairs we have, there will be less police officers , not more, over the next decade. response times are going to be less, not more. there can be a situation where a mother runs out of bullets because of something we do here.

>> now we have a new pearl harbor slogan, cut the police , pass the ammunition. i mean, it’s unbelievable, ron.

>> well, it’s ironic, too because republicans have been promoting these slashing of local budgets that results in fewer police on the streets here, and there’s an unstated irony in this as well. that lindsey graham knows full well, wayne lapierre knows full well, gayle troder knows full well and shelden whitehouse asked a question which lapierre ducked. if you talk to hard core members of the nra , they will admit as senator whitehouse said, they will admit you don’t need an ar-15 to defend your home or go hunting or go target shooting or anything else. they want those guns because the police have those guns. and they believe that they will have to fight the police , and they want to be as heavily armed as the police when that happens. that is the underlying philosophy.

>> so they think in terms of a barricade situation where it’s them against the law.

>> absolutely.

>> congresswoman, that is new. it used to be they would say we’re sportsmen, we’re hunters, and then they would say whatever, self protection if you live in a tough neighborhood or whatever. now they openly say we have to fight the government. that’s pretty close to insurrection time, isn’t it? we have to be ready to fight the government?

>> this is what we’ve been hearing for a couple months to be very honest with you. we heard these arguments going all the way back to aurora and going back to gabby giffords . this is the fear and the mongering they put out there. remember, lapierre said when they came out and spoke for the first time, oh, we should be having more police officers on the street. well — and in schools. i agree with that. i would love to have more police officers in all of our communities. that alone will not solve the problem. it’s got to be everything together holistically. more police , better education, certainly mental health , those are the things that we need to do. so those that want to work with us, that’s great. but the nra , which they kind of gave us hints that they were willing to work with us but now they have totally flipped and they want nothing to do with us.

>> it’s nothing from then ra. the nra ‘s wayne lapiera pfepierre — we’re out of time. we’re going to keep this conversation up for months. you have had the experience of knowing how important it is. gabby giffords , husband mark kelly .

>> and that’s the difference other victims are now speaking up, and to see gaggy yesterday and her husband by her side talking about this, these were strong nra supporters and yet they see what can be done.

>> i think –

>> 20 dead first graders –

>> go ahead, ron. jifs going to say in closing, 20 dead first graders has a way of concentrating the mind.

>> right.

>> it’s a serious conversation. it’s an american conversation. thank you, congresswoman carolyn mccarthy of new york and ron reagan .

>>> we have one more note about the epidemic of gun violence in this country. yesterday we told you about 15-year-oldh adia pendleton of chicago who was fate ideally shot in what may have been a gang turf war . after having performed in washington with her high school band for the inaugural music festival , it all happened since then, we learned in 2008 she was featured in a video speaking out against gun violence . here is part of that video.

>> so many children are fearing gangs and it’s your job as students to say no

Source: http://video.msnbc.msn.com/hardball/50658069/

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Walker School of Business Panel: 'Good, Bad & Ugly' in Nonprofit …

The George Herbert Walker School of Business & Technology will host a panel discussion, ?Nonprofit Mergers and Alliances: The Good, the Bad and the Ugly,? Monday Nov. 12, 6 ? 7? p.m., in the East Academic Building, room 252. The event will be moderated by Barrett Baebler, associate professor, Nonprofit Leadership.

Registration and a networking reception precedes the panel discussion at 5:30 p.m. The event is free and open to the public. Admission is free, however, reservations are encouraged. Please RSVP at webster.edu/nonprofit.

This event is sponsored by the Walker School of Business & Technology?s MA in Nonprofit Leadership.

Filed Under: Webster Events

Tags: George Herbert Walker School of Business & Technology

Source: http://blogs.webster.edu/webstertoday/2012/11/05/walker-school-of-business-panel-good-bad-ugly-in-nonprofit-mergers-alliances-nov-12/

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95% The Queen of Versailles

All Critics (98) | Top Critics (28) | Fresh (93) | Rotten (5)

Seriously, if this was the American Dream, couldn’t we have come up with something better?

“The Queen of Versailles” is funny, sad, infuriating, instructive. It’s the American Dream inflated to ridiculous extremes, until it bursts.

More than a social morality tale, this is a character study, with the title well chosen.

“The Queen of Versailles” ought to be required viewing for anyone who blames the rich for yanking the rug out from under America’s economy.

By the end, the movie has pulled off a small miracle: You become absorbed in the lives of these people for who they are and not what they own.

What I left with was not hatred. I disapprove of the values they represent, but I also find them fascinating and just slightly lovable.

A powerhouse documentary, the film shifts from simply being a fly-on-the-wall look at material decadence and moral decay into a study of a family trying to hold itself together during a trying period.

a repetitive exercise in schadenfreude, and the Siegels don’t do much to alter that… The Queen of Versailles leaves viewers with one feeling about the Siegels: Let them eat stale cake.

Documentaries are rarely as hilarious as this one. Well, the first half of it at least

Filmmaker Greenfield has a wonderful eye for the absurd, finding moments of offbeat humanity all the way through this involving documentary

[E]nds up an ever less slightly ungenerous look at the .01 percent than it might have been… But this is still a brutal film from many angles.

One of the great unsayable truths about the American dream is that it is a bit of a Ponzi scheme … our system admits a glimmer of hope that anyone, no matter how lowborn, can rise to the top.

Extremely funny and revealing …

[Siegel] is now suing Greenfield for “misrepresentation”. Well, I know whose side I’m on.

She epitomises a Western culture struggling to wean itself off debt.

Greenfield’s film is bathed in Florida sunshine, adding to the sensation that we’re watching Lifestyles of the Rich and Famous with a Marxist punchline.

Never has grotesque wealth looked so unenviable, or its removal been so entertaining, as in this garishly watchable riches-to-rags documentary …

[Siegel] ultimately emerges as someone who belongs more in The Little House on the Prairie: ever cheerful, and triumphantly unimpeachable.

The temptation to be moralistic must have been overpowering, yet Greenfield finally manages to summon sympathy for people who at first seem vain, selfish and greedy.

Prepare to be shocked, disgusted and compelled.

In the end, these are human beings, not emblems – and it is this that makes this documentary one of the most watchable, for rich and poor alike.

A bizarre and mesmerising journey to the heart of Cloud Cuckoo Land.

It is a comedy that aspires to tragedy, and a metaphor for a nation collapsing beneath the incompatible, intolerable pressures of excess and inequity.

For all their garishness, the Siegels are pretty likable, even if attempts to make you sympathetic to their “plight” fall short.

It scores a lot of laughs at the Siegel’s bad taste and odd ways of adapting to their newfound misfortune. Thankfully, Greenfield also makes the Siegels sympathetic.

More Critic Reviews

Source: http://www.rottentomatoes.com/m/the_queen_of_versailles/

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Japanese interest in Russian radio-teletype, radio-fax … – blog*spot

Another aspect of the ?Russian Fish? story is available from a decoded Japanese message. This message from 1943 shows that the?Japanese signal intelligence agency was interested in the use of radio-teletype, radio-fax and radio-telephone by the Soviet Union.

The military attach? in Bucharest was ordered to investigate the interception of these kinds of traffic in Axis countries.

Some of his findings are mentioned in later messages.

Source: HW 40/29 ?Exploitation of Russian Civil communications by Axis Powers?

Source: http://chris-intel-corner.blogspot.com/2012/07/japanese-interest-in-russian-radio.html

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Municipal Commission to build low-income housing, construction …

Chen camp big Yang Tian low-income housing construction site.??House pricesStill exalted and strong, as the people?s livelihood projects affordable housing construction also sustained by low-income and ?sandwiched? attention. Yesterday morning, the Kunming publicLeaseThe housing development and Construction Management Company Limited (hereinafter referred to as the Kunming city publicRent a houseCompany) undertake construction of Kunming city in 2012 the Municipal Commission to build affordable housing project, Wuhua Chen camp big Yang Tian 4 project officially started construction.In addition to already started construction of the project of Kunming City Jun Fu, actually built the affordable housing projects have been started. The construction of affordable housing housing Taoshuo reached 16224, more than 16000 sets of construction distribution.Reportedly, 2012, Kunming city public housing through the new and the purchase was completed in 16224 sets of construction tasks, planInvestment6974000000 yuan. Respectively, Wuhua Chen camp big Yang Tian project, construction of public rental housing 3005 sets; airport supporting area project, public rental housing construction 5001; Guandu five EP area project, construction of public rental housing 606 sets; peace ?harmonious home? project construction public rental housing 504 sets, plans to invest about 141000000 yuan. In addition, in July 16th started Jun Fu Garden project, intended to raise the affordable housing 7108 sets.In 2012 the Kunming city level public rental housing construction after the completion of the task, is expected to be solved about 30000 low-income people and new employment, migrant workers and other groups of housing. Notably, Chen camp big Yang Tian area will be built into the western region of the first green star, 30% residential building area to reach the green Samsung public rental project. After completion, within the community will realize water utilization, rainwater will be collected for recycling, and solar energy will provide green energy, building materials as well as the provisions of the national green building energy.The construction of low-income housing in KunmingThe first purchase, the first private generationBanking policy tightening, real estate developers controlled construction of low-income housing policy, the money coming from? Real estate developers how to build? Kunming affordable housing construction strategy is changing.The Kunming public rental housing development and Construction Management Company Limited (hereinafter referred to as the Kunming public rental company) is the Kunming city hall approval, in February 28, 2011 the establishment of the wholly state-owned company. 1 years after the City Commission to build affordable housing on the basis of the construction of Kunming city public housing, public rental housing construction company exploration mode on 2012, project of the innovation, ?buy? and ?generation? has become one of the bright spots.The first purchase ?Jun Fu City? 7108 setsJuly 16th 2012, Kunming Municipal Commission to build affordable housing project ?Jun Fu City? in Guandu District five EP area held a groundbreaking ceremony, this is the 2012 Kunming municipal security first held a groundbreaking ceremony for the project. This is located in Kunming city Guandu district having six Street offices five EP area project, net land area of about 322.68 acres, housing a total construction area of 396559.9 square meters, underground room a total construction area of 130511.67 square meters, a total construction of public rental housing about 7108 sets, equipped with kindergarten, primary school and other items of public infrastructure, a total investment of about 2609000000 yuan.Kunming city public housing company, in the conventional financing basis, actively expand financing channels, with the project developers Yunnan real estate limited liability company affiliated company of Yunnan golden source real estate development limited company consultations, through the purchase way, raise ?Jun Fuhua city? 7108 sets of commercial housing as affordable housing. This is the Kunming city the first through the purchase of a way to raise affordable housing housing. The project started, will be held within 20 months of launch.First commissioned by private generation to build low-income housingOn July 29th, it is one of the first. In order to explore the construction of public rental mode, much channel, much way advancing public rental housing construction, attract enterprises and other social organizations to participate in public rental housing construction and operation. To this end, Kunming city public rental company in the report to the Kunming city hall approval, will Chen camp big Yang Tian area as a pilot project, Kunming city public rental company commissioned by the corporate for the entire process of construction, determined to Chen camp big Yang Tian area is built western area?s first green two star, 30% residential construction area reached green Samsung public housing project, will be held within 23 months of launch. This is Kunming city affordable housing, first appeared civilian battalion enterprise generation to build low-income housing mode.Why change? Multi channel, multi mode to build public housingKunming city public housing company deputy general manager Zhou Zhiming said, now the real estate market downturn, some real estate developers have on handLandBut still, if large-scale development, the real estate enterprises risks. On the other hand, make the resources of the real estate has become the actual demand. Kunming city affordable housing for the purchase ofPropertyProject developers have certain requirements, that is strength, capital, credit, land and is willing to make use of existing land to build low-income housing enterprises, only such enterprises just may become the object of cooperation.Zhou Zhiming said, the Kunming public rental company with a number of powerful real estate enterprises carry out project generation to build communication. Wherein, Vanke Limited by Share Ltd is the involvement of affordable housing construction projects up to the enterprise, in the engineering construction, quality, safety, construction period and cost management has advanced the advantages of professional management. But Vanke also became Kunming city affordable housing in the first generation of civilian battalion enterprise developers.Funds come from? On the basic of bank loansHangzhou, Shenzhen and other domestic city, there have been real estate developers building, the purchase of government money for low-income housing needs of precedent. In general, the government and the developers to build housing in accordance with the construction cost price to buy, purchase to pay the total cost of 3% management fee, Kunming city affordable housing government purchase is also so. Kunming affordable housing construction costs in proportion, as a result of national policy does not have this aspect stipulation, after negotiations between the two sides, still belong to the business secret, the reporter can make nothing of it.Zhou Zhiming says, buy and own construction of affordable housing is responsible for raising funds, in accordance with the principle of market profits and losses, but the purpose is to build (raise) more affordable housing, housing of low income crowd to ease the pressure.Last year, Kunming city actual built the affordable housing there are 28229 sets of and this year?s construction project, basically relies on bank loans. But the business started to operate after hematopoietic function, form, financing channels and will change. Have now generated bank leasing Guarantee Corporation, may take the form of purchase of financing lease. The so-called lease financing, credit scale is limited, the property mortgaged to the bank, and a loan from the bank.Zhou Zhiming said, the Kunming public rental companies in the location of a representative government is the Platform Co, it is financial capital in banks and policy support. The future of housing rental charge is to be used to repay the part, commercial facilities also will bring profit, which has become an important sources of capital repayment. Can the government from the financial aspect to the capital, from resource configuration has given many preferential, these concessions into market behavior. Through the rent charged, supporting commercial form profit, forming a stable cash flow, maintain the credit grade, have fund, have the ability to build more affordable housing.What is good? Short time to public rental housing to peopleZhou Zhiming said, repurchase spread value is a win-win situation. The real estate market in the doldrums, developers through this way can alleviate the financial pressure, realize the small profits and quick turnover. Kunming city public rental companies, real estate project development, project management, technical control, and indeed Vanke, Jun hair and other large enterprises have difference. In cooperation with the real estate developers, to provide housing. If fully rely on government construction, from the planning, land, construction speed and other aspects, during a time period cannot be introduced so many houses. In this context, can use their resources, help the government to accelerate the construction of low-income housing speed, in a relatively short period of time to public rental housing to people.In the bank policy squeeze, affordable housing construction must follow the road of much channel financing. The purchase of the low-income housing projects, by the general public rental companies and developers negotiate in advance, according to the local actual required standards and requirements for the construction of. Zhou Zhiming said, buy the way to increase affordable housing, this year the task had been completed, years without a plan. The next three years, the construction of this year, will summarize the experience, on time, quality, cost and other link to achieve optimal, evaluated, taking into account the financing and land planning. But OK and affirmative is, in this way there will be.Commissioned by the real estate dynasty built, construction process and can learn what? Zhou Zhiming expresses, such as Vanke such enterprises, centralized procurement of Ordinary Company to buy less than. On the other hand, Kunming city affordable housing without construction of green building, alone to study the cost is very high. Vanke has experience in this area, can help to avoid detours, but also saves time and cost. And Zhou Zhiming said, take a team, from planning to bid, to near water electric arrangement has already started to learn. In the future, arrange the specialist for docking, a succession of related staff to learn.How to supervise? According to the company?s project managementZhou Zhiming said, although the introduction of enterprise generation to build a green star public rental housing, has the innovation pattern, but Kunming city public rental company as the owner of duty did not lose, still have the regulatory responsibilities, Kunming purchased the item and commissioned on behalf of the Vanke projects are in strict accordance with the state of the affordable housing management requirements. The relevant municipal departments, such as the Kunming City Housing Construction Bureau, Kunming city quality supervision terminus on the project quality, safety supervise the entire process, there is a follow-up audit. On the project quality and safety of the whole process supervision, deviation correction, in strict accordance with national standards, Kunming city public rental company for affordable housing project construction requirements for the management.According to the Kunming municipal housing and urban and rural construction, Kunming construction engineering quality safety supervision station person in charge, Kunming city housing and Urban Construction Bureau, Kunming city construction engineering quality safety supervision station has been established in affordable housing work leading group, the quality of safety culture construction Inspectorate, and introduced the affordable housing quality and safety management regulations, the administrative examination and approval, supervision of quality and safety and other aspects of the provision of guarantee.To guarantee the quality and safety measures are not perfect, as well as materials, structural parts quality, there is hidden danger of safe production situation, the relevant departments will resolutely investigate and correct. And, will build the main timber for extended supervision, completes the affordable housing quality safety to manage, on the quality of implementation of zero tolerance.

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Source: http://www.zloan.info/34781.html

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ESPN analyst Jalen Rose to also work college hoops

Ex-Virginia Tech coach Seth Greenberg and ex-Tennessee Bruce Pearl will join ESPN as college basketball analysts.

Greenberg, who had what amounted to an on-air tryout as a guest analyst on the 2012 NCAA tournament, and Pearl, who was a Sirius XM Radio analyst last season, will be a studio analyst as well as call some games.

Also, Jalen Rose, who has been an ESPN NBA analyst, will this season join college basketball coverage. Rose will be a college basketball analyst on College GameDay and other shows, and will continue to do NBA analysis during the league’s post-season.

Source: http://rssfeeds.usatoday.com/~r/UsatodaycomCollegeMensBasketball-TopStories/~3/V9FFdzMFoiA/1

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JPMorgan report may show how to lose $5B

Eduardo Munoz / REUTERS

Commuters are reflected in stone as they walk past the JP Morgan headquarters in New York.

By Roland Jones

When JPMorgan reports its quarterly results Friday morning, most investors will be eager to hear just one key piece of information: How much of a splash did the London Whale make for the bank?

In mid-May, the bank announced it had sustained a multibillion-dollar loss that originated in its London office because of a failed hedging strategy undertaken by Bruno Iksil, nicknamed ?The London Whale? because of the size of the trading positions he took.

Since then, JPMorgan CEO Jamie Dimon has appeared on Capitol Hill to explain the massive loss, which the New York Times reports has grown from the $2 billion originally reported to about $5 billion.

?Investors want to understand what happened, who knew what and when,? Betsy Graseck, a managing director for Morgan Stanley, told CNBC Thursday.

Bank earnings don?t usually attract much attention outside the Wall Street community of analysts, traders and other financial industry observers.?The JPMorgan report is likely to spur greater interest because of the massive trading loss, which has enraged public opinion and led to Dimon appearing on television and two Congressional panels to own up to his company?s mistakes.

Graseck said it will be important for Dimon, for investors and for the?public?to set the record straight on the trading loss. He needs to detail exactly how much of the disastrous trade has been ?unwound? so?the company can move ahead and avoid any future volatility in its stock price that may arise from uncertainly over deeper losses.

?The question is how much [of the trade] is left to go, and what is the volatility on what?s left,? Graseck said.

Investors and the public will want to hear details of how much money will be recovered from top executives at the bank involved in the botched trade.

When he appeared before lawmakers last month to explain his bank?s multi-billion dollar losses, Dimon said the trading debacle will lead to ?clawbacks? — efforts to recover compensation paid to employees whose performance was later found to have harmed the company and shareholders.

Ina Drew, the former chief investment officer who oversaw the London office where the bank?s botched trade originated, is likely to see her pay curtailed, according to reports, and so is Iksil,?according to a report in the U.K?s Telegraph newspaper.

Since May a handful of other financial scandals have hit the headlines, including news of a global rate-fixing scandal at U.K. bank Barclays and some $200 million missing from customer accounts at Iowa brokerage PFGBest.

These negative headlines are threatening to erode investor confidence in the financial services industry, said Bart Naylor, an expert in financial regulation at the consumer advocacy group Public Citizen.?Dimon is likely to want to restore investor confidence after the trading error, which has wiped $23 billion off JPMorgan?s market value since it was announced on May 10 and has marred his reputation as one of the industry?s best risk managers.

Given his initial, sanguine response to the trading loss, when he called it a ?tempest in a teacup,? Dimon appears to have been unable initially to?comprehend the gravity of the error, Naylor said.?Now, with the bank?s share price down 16 percent since it reported the loss, shareholders are showing they have ?far less confidence? in the bank?s ability to judge risk, he added.

?He?s depending on people who have skills he doesn?t understand,? Naylor said. ?That may be okay for a CEO in the computer software industry who doesn?t need know how to write code, but [at a bank] this has had a material effect on the company, and shareholders are affected.?

JPMorgan is the first big bank to report its earnings for the second quarter, and it will be watched as a barometer for the rest of the industry. Analysts expect the bank to report net income that is about half the $5.4 billion reported for the same period last year, which would mean that the trading loss wipes out much of the profit for the quarter. JPMorgan also reported a net income of $5.4 billion in the first quarter of 2012.

Whatever the quarterly results, Dimon still has a fan in billionaire investor Warren Buffett, who in an interview on CNBC Thursday endorsed the bank CEO as ?one of the best bankers in the world? who ?understands banking and understands risk.?

?If I owned a bank in Omaha and I could get Jamie to run it for me I?d be very happy,? he said. ?Jamie understands risks,? he added, noting that the actions of the London trader Iksil were by one person who ?went off the reservation? and didn?t represent company policy.

Click here to check JPMorgan?s share price.

Betsy Graseck, Morgan Stanley, onwhat to expect from JP Morgan’s quarterly numbers.

?

Source: http://marketday.msnbc.msn.com/_news/2012/07/12/12704743-jpmorgan-investors-wait-to-hear-about-the-london-whales-splash?lite

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About Technical Writers

?

Who are technical writers? What do they do? Where do they do it? We will provide some answers below.

Do technical writers work for themselves or for others?

Tech writers can work for themselves or for others. Most tech writers work as full-time employees for companies. These can be small companies or large companies with all types of variations in between. Some writers prefer a small company where processes are less complex and with fewer product lines. Others prefer the challenges of working in a large company.

Then there are the tech writers who prefer to work as contract technical writers or as independents, mostly for financial reasons. These writers must always be looking for clients.

If they work as contract writers, they typically work through a third party broker (i.e., a contracting agency or shop) that finds work and then sub contracts writers to do the work. The fees these third party brokers charge can be a sizable portion of the billing rate. Herman Holtz in his book,?How to Succeed as an Independent Consultant, says that this portion is typically about 35% to 40%.

If they work as independents, they find their own work. They can work as W-2 employees of an umbrella agency that performs billing services and provides benefits that the writer can purchase. The fees that umbrella agencies charge for their services are much less than shops that search out contracting opportunities, typically about 5% to 7%. Independents can also work on 1099s as sole proprietors or they can form their own corporations. Each has different tax implications.

In addition to writing, what other skills are necessary?

  • Interpersonal skills?- Tech writers are constantly looking for information. They need to be able to bug folks in a way that isn?t annoying; otherwise, their informational sources will dry up. Tact and patience are important skills to master.
  • Limited public speaking?- Writers often attend meetings as representatives of the tech-writing group. They need to be comfortable speaking with people at different managerial levels.
  • Facile grasp of complex processes?- Besides working with difficult technologies, there are many complex processes that writer have to master in order to perform their work. So it helps to be relatively quick on the uptake. Or take good notes!
  • Organizational skills?- The typical tech writer works with a number of different projects and delivery dates. It?s important to be organized. Otherwise, it is too easy to become overwhelmed and lose track of issues. Writers tend to develop their own ways to organize their work. Some use the software that their company provides (e.g., Microsoft One Note or Excel). Others use their own favorite software (e.g., Evernote or Keynote). Still other use notebooks and pencils. It is important that you find something that works.
  • Detail-orientated?- Paying attention to details helps. The life of a tech writer is one of paying attention to details. Whether it is the bracket that encloses a software expression or the missing comma that changes the meaning of a sentence, details are important. With all the activity that occurs doing the typical working day, paying attention to details is not always easy.

What are the most important qualities to be successful as a technical writer?

  • Writing ability?- Writing ability is the first. As the term technical writer suggests, it refers to a writer. Tech writers don?t need to be the A students in their English class but they do have to have an understanding of writing. They also need the desire to make their writing better.
  • An appreciation of time?- Tech writers must understand the importance of time. They have to appreciate what a deadline is because their documents need to be ready on schedule. Even if a task looks easy, it?s best to get it done ahead of time instead of waiting to the last minute.
  • Consistency?- A consistent work effort is important. A tech writer cannot perform brilliantly on one project and then perform poorly on another. Writers must train themselves to do the boring parts of their job at the same level as those parts that really excite them.
  • An ability to listen?- Often during an interview with a SME, the SME will emphasize something that she deems particularly important. If the writer ignores this, he risks losing this SME as an informational source. Often a writer will think she knows how to perform a certain task, and does not pay attention when her manager or another stakeholder draws a distinction. The result can be work that misses the intended goal.
  • Understanding teamwork?- Tech writers must also be able to function as part of a team. That can sometimes be difficult. Why is that? I think it is because most tech writers think that they can do it all. And, in fact, they may have that capability. But it is important for writers to realize that several minds together can often come up with different and better ideas than one can by itself.

What are typical working conditions for technical writers?

The typical working conditions for tech writers are surprisingly similar. They typically work in a cube with a phone, a PC, a large work area for papers, and plenty of storage. Typically they reside near other tech writers or with engineering folks. Their work areas are mostly quiet.

They spend most of their days working at a PC, reading specifications, talking with co-workers or SMEs, and attending meetings. Some days can be exhilarating where the work is absorbing and time flies by. On other days, the work can be downright boring and time slows down.

What do technical writers dislike about their jobs?

  • First in line for layoffs?- Tech writers are often at the top of the list for layoffs. Tech writers understand this unfortunate fact but do not like it at all!
  • Boring or repetitious work?- There are times when a writer might spend hours, days, or even weeks doing mindless and repetitious work (e.g., reformatting documents, creating tables with similar information, or republishing minor changes to a document). While they do not like this type of work, most tech writers realize it must be done and do their best.
  • Documentation is a necessary evil?- Some organizations view documentation as an afterthought, something that is required but provides no real value. Tech writers do not like working in companies like that. Unfortunately, many companies share this attitude.
  • Anyone with the time can do technical writing?- Tech writers definitely do not like this attitude. Often engineers or SMEs have this attitude. It can present problems when these folks attempt to edit a section in a way that makes it incomprehensible.
  • Wrong type of editing?- Tech writers do not like it when they send out a preliminary draft asking for comments on technical content but instead gets grammatical corrections.
  • Having work rated?- Technical writers do not like to be rated. However, that often comes with the territory. Because documentation managers must often promote, perform annual reviews, and terminate writers, there is often a rating process.
  • Micro-management?- Tech writers do not favor manager who micro-manage their work. That is acceptable managerial behavior for new writers or new member to a doc team, but for writers who have demonstrated that they can perform it is a turn-off.

What do tech writers like about their jobs?

  • Good working conditions?- Tech writers often have their own cube or office at a high tech or manufacturing company. They have all the tools they need to perform their work. They typically work in quiet environments.
  • Variety?- Tech writers have the opportunity to work with different products, projects, software, and types of documentation. Some writers like that. Others prefer to work in one technology or industry. Most technical writers can make horizontal moves into different industries with little problem.
  • Learning opportunities?- This fits in with variety above. Tech writers have the chance to learn and work in many different areas and with different software. A writer might work several years using FrameMaker and then take a job where she uses Robo-Help. Typically, companies will provide focused training on their core technologies.
  • Advancement possibilities?- Tech writers have the opportunity to move into management or into different areas at a company.
  • Ability to help?- Many tech writers like the fact that users find their work helpful.
  • Challenging work?- Tech writers like the fact that their work can be demanding and a challenge. That makes their work lives interesting and provides a sense of satisfaction.

What do tech writers write?

Tech writers write hardware or software manuals of varying degrees of complexity. They write instructions on how to install your cable TV box. They write the manuals in your car?s glove compartment. They write ISO processes that your entire company follows. They write all kinds of documents. These documents can be relatively easy to write or they can be very difficult.

What industries do tech writers work in?

Tech writers work almost everywhere. Here?s a short list:

What software do technical writers need to know?

Tech writers need to be able to use programs like the following:

  • Microsoft products, Word, PowerPoint, Excel

Nowadays, with most companies being cost conscious, tech writers are also becoming familiar with Open Source programs.

Additionally, large companies will often have their own specialized software for specific purposes (e.g., doc bug reporting, publishing to the web).

In my view, knowing what you need to do is the important thing. If you know that, you can figure out how to do it with whatever software that you use.

What types of educational backgrounds do technical writers need?

There are all types of backgrounds. I?ve known people with degrees in History, Engineering, English, Business, and Teaching to name just a few who did well as technical writers. Nowadays, there is an emphasis on actual degrees in Technical Writing. Most of the technical writers I have known over the years had non-technical backgrounds. They were able to write and also able to understand and learn technology as they had to.

What are the different levels of technical writer expertise?

In general, there are junior or beginner technical writers, intermediate writers, and?senior writers. Most often this differentiation depends on innate skills, time served, and the types of projects that writers work on over time.

Source: http://protechwriting.com/?p=823

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Pumping concrete with Team Laos

The sun is setting over the scruffy outdoor stadium as Kilakone Siphonexay, the fastest man in Laos, lies on the home-made, wooden weights bench, raises both arms and grips the scaffolding pole above.

On either end of the metal spar, paint-tins filled with concrete serve as weights, forming a makeshift barbell to hone the muscles of the poor, Southeast Asian country‘s leading Olympic hope.

“There’s no weights room,” says the thin, bespectacled 100 metres sprinter with an apologetic smile, before pumping some quick bench-presses aided by his coach.

When it comes to the Olympics, there are the strong nations, the less good, the weak and the abject. Communist Laos is in the last category. But with facilities like this, it’s hardly a surprise.

The landlocked country, which was extensively bombed during the war in neighbouring Vietnam and ranks as one of the world’s poorest states, has not only never won an Olympic medal — it hasn’t even come close.

In an Olympic history stretching back to Moscow 1980, no Laotian competitor has ever made it past the first round, where required. Success at the London Olympics would be easily defined: not finishing last.

“We’re not strong like the USA or the British,” chef de mission Kasem Inthara tells AFP, as he sits in a dingy stadium office. “We’re in a group like Brunei or East Timor. We’re a small country.

“If we can beat only one country in the first heat, that would be a success.”

Even getting to London is a victory after not one Laotian qualified for the 2012 Games by right, leaving them relying on wildcards to compete in athletics and swimming.

For Kilakone, 23, it’s a lucky break after he missed the 100m qualifying time of 10.24 seconds, already snail-like compared to Usain Bolt’s world record of 9.58 sec. The personal best of Kilakone, Laos’s national champion, is 10.73.

“I like to train hard,” he says. “In London, I would like to try my best to beat my personal record. But we’re still lacking weight training. I need weight training and equipment.”

Kilakone, wearing an Arsenal football team shirt and tight running trousers, trains for three hours each evening in Chao Anouvong Stadium, an ageing facility in the heart of the capital, Vientiane, which dates back to pre-communist 1961.

Vandalised advertising hoardings are strewn on the floor and children noisily chase a football as Kilakone jostles for space on the track with dozens of other amateur enthusiasts on a warm, sticky evening.

For Kilakone, and female 100m hopeful Lealy Phoukhavont, 16, who will also compete in London, it’s a simple routine consisting mainly of sprinting and acceleration work. Weight training is minimal; specialist nutrition, non-existent.

“They don’t eat anything special. They eat with their families,” says coach Chaleunsouk Aoudomphanh, who seems surprised at the question. Kilakone says he eats “local food — sticky rice and vegetables”.

Chaleunsouk himself shouldered the hopes of Laos at the 2004 Olympics in Athens, where he ran his 100m heat in a disappointing 11.30 — a time he still remembers with a rueful shake of the head.

Now he trains Kilakone and Lealy as a part-time volunteer, in between the demands of looking after his newborn daughter and helping run a small business at a Vientiane market.

“I take standard training courses and modify some parts of them,” explains Chaleunsouk, who has coaching qualifications with the International Association of Athletics Federations (IAAF).

According to chef de mission Kasem, the challenges facing Laos’s athletes are simple: no facilities, few competitions, and the weather is very hot. Plus, the people are too short, he says.

“Even in the Southeast Asian Games we can’t get medals from swimming and athletics because if compared to the morphology of more talented people, we are short! Shorter than the others,” says Kasem.

While such problems are not easy to fix, more money would help. However, with Laos aid-dependent and lacking major industry, grants and sponsorship are not forthcoming.

Laos students have sports on their curriculum, but many schools have no facilities. And there are few opportunities for athletes — just the national, military, police and university games which are held in rotation, one per year.

Kasem has been ever-present in Laos’s Olympic campaigns since he went to Moscow 1980 as a coach.

“We just like to participate, we don’t expect to get a medal,” he shrugs. “If we can’t develop to the top ranking, we can’t compete.”

If only petanque were an Olympic sport, things might be different. Laos is a gold medal winner at Southeast Asian Games level in the popular bowling game, a legacy of French colonialism.

Until that day, the Laos’s Olympic dream rests with Kilakone, Lealy, Chaleunsouk and their home-made weights in the sweaty, crowded Vientiane stadium.

Next to the paint-tin barbell, which weighs “about 20 kilos (40 pounds)”, lies a heavier challenge: another scaffolding pole, but this one attached with two concrete-filled car wheels. The coach and athletes shake their heads.

“We hope we can get more equipment,” says Chaleunsouk.

Source: http://news.yahoo.com/pumping-concrete-team-laos-175315956.html

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Navigating The World Of Real Estate Buying |

Buying real estate can be complicated, but hopefully you now have a better grasp on the subject. With so much to learn about real estate, even veteran real estate buyers are looking for new information. If you want to increase your knowledge of the real estate industry, then the following tips offer a good start.

Now is the perfect time to start investing in real estate. Property values are lower than ever, meaning some great deals can be found. It?s the perfect time to leave an apartment and move into your own house. When the housing market corrects itself, your home purchase will begin to earn money as an investment.

Do some research on rental properties. If you?re thinking about getting a rental property, make sure to go over the records on it that have been kept for the last two years. Gaining complete information about the site will let you know if it really is a possible income. The lender will also want proof of the property?s income before issuing a loan.

If you are leaning toward buying a house with a view, do not pay a high premium for the view lot. Although you might feel that the view adds to the value of the house, if you eventually decide to sell the house, your buyers may not agree with you. Before you make an offer on a home with a view, investigate the local market to be sure you are not over paying.

When in the market to purchase a new home, always consider your long-term situation. Take a family, for example. Although you might not have children yet, that doesn?t mean that you won?t want to start a family in the future. This means you should be focusing on a home?s size, the school district, neighborhood safety, and other important factors of raising a family.

Do research on the types and sizes of houses in close proximity to the neighborhood you are considering. There is a reason for this: it may be inadvisable to buy a larger, more expensive house than those generally in the neighborhood. The reasoning behind this is that you?ll never recoup the value of that house because the smaller houses within the neighborhood will potentially drag down the value of the grandest home in that area.

Don?t come on too strong in purchase negotiations. Many people get too aggressive so that they can get a great deal, and they end up overdoing it and losing it. You can have a firm idea of what you want to pay, but let the Realtor and lawyers have some leeway.

The information found in this article should be of some benefit to you when you make a decision to buy real estate. You have no idea how someone you help one day can return the favor in the

Looking to invest in US property? Well this article may help click for more information.how to buy us property investments for more info.

Source: http://helpsellinghome.com/navigating-the-world-of-real-estate-buying/

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