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Gustavo Dudamel Awards John Williams On GRAMMY Salute To Music Legends

first_imgVenezuelan conductor and Los Angeles Philharmonic Music & Artistic Director, Gustavo Dudamel presents a Trustees Award to conductor/composer John Williams during a concert celebrating the Recording Academy’s 2018 Special Merit Awards recipieJennifer VelezGRAMMYs Oct 4, 2018 – 5:51 pm Venezuelan conductor, violinist and Los Angeles Philharmonic Music & Artistic Director, Gustavo Dudamel has the perfect words to describe the work of GRAMMY-winning conductor, composer and pianist John Williams, who has composed film scores for iconic films like Jaws, E.T. The Extra-Terrestrial and Harry Potter. News “He’s writing the soundtrack of our lives, so we cannot disconnect a moment of your life without a melody of a movie that John wrote,” Dudamel told the Recording Academy.On the upcoming “GRAMMY Salute To Music Legends,” Dudamel presents Williams with the Trustees Award. Williams has been the music director and laureate conductor of the Boston Pops Orchestra and continues relationships with the Los Angeles Philharmonic, the New York Philharmonic, the Chicago Symphony and the Boston Symphony Orchestra. Additionally, he’s composed scores for many iconic movies, including Schindler’s List, Saving Private Ryan, Jurassic Park and Amistad. Anne Akiko Meyers will be honoring Williams with a performance of “Shindler’s List.” “He’s at the service [of’] the music,” Dudamel shared. “And that for us as young artists, in my case, is an example [of] that humble approach from a giant to the music, so that is something unique.”Watch the award presentation during the special tribute concert that will air on PBS at 9 p.m. on Friday, Oct. 5 (check your local listings) and will be available to stream the following day via pbs.org/gperf.”GRAMMY Salute To Music Legends” To Air On PBS Oct. 5 Email Gustavo Dudamel Awards John Williams On “GRAMMY Salute To Music Legends” Facebook Gustavo Dudamel Awards John Williams gustavo-dudamel-awards-john-williams-grammy-salute-music-legends NETWORK ERRORCannot Contact ServerRELOAD YOUR SCREEN OR TRY SELECTING A DIFFERENT VIDEO Oct 4, 2018 – 5:47 pm Gustavo Dudamel Presents Award To John Williams Twitter last_img read more

OBITUARY Linda M Baillargeon Grover 66

first_imgHAVERHILL MA — Linda M. (Baillargeon) Grover, 66, of Haverhill, passed away peacefully Friday, June 14, 2019 at Nevins Nursing & Rehab Center in Methuen, MA. She was the devoted and loving wife of the late Robert E. Grover.Linda was born in Lawrence, MA, August 27, 1952 the daughter of the late Jean and Esther (Robichaud) Baillargeon. She was raised in Methuen and attended Methuen schools. Linda later moved to Haverhill where she made her home for several years. She was employed for 25 years as an accountant for AGFA Corporation in Wilmington, MA. Linda was a longtime member of The Massachusetts Commission for the Blind. She enjoyed listening to books on tape and cherishing her time with her children and grandchildren.Linda is survived by two children, Jamie J. Spates and Samantha A. Cole. She also leaves behind two grandchildren, Riley and Alicia, two brothers, Raymond Baillargeon and Ronald Baillargeon and three sisters, Jean Bohondoney, Carol O’Brien and Ann Nault. She will also be dearly remembered by several nieces, nephews and many dear friends. In addition to her husband, she was pre-deceased by her son Frank Spates and brother, Richard Baillargeon.Family and friends are respectfully invited to attend visiting hours, Tuesday, June 25, 2019 from 4-6 PM at The Grondin-Carnevale Funeral Home, 129 Kenoza Ave. Haverhill, MA 01830. A private graveside service will be held at Walnut Cemetery in Haverhill. In lieu of flowers the family kindly requests donations in Linda’s memory be made to The Wounded Warriors Project by visiting http://www.woundedwarriorproject.org. For directions or online condolences, please visit www.Grondin-Carnevale.com.Linda M. (Baillargeon) Grover(NOTE: The above obituary is from the Grondin-Carnevale Funeral Home.)Like Wilmington Apple on Facebook. Follow Wilmington Apple on Twitter. Follow Wilmington Apple on Instagram. Subscribe to Wilmington Apple’s daily email newsletter HERE. Got a comment, question, photo, press release, or news tip? Email wilmingtonapple@gmail.com.Share this:TwitterFacebookLike this:Like Loading… RelatedWilmington OBITUARIES (Week of June 16, 2019)In “Obituaries”OBITUARY: Verda J. Murray, 90In “Obituaries”OBITUARY: Elizabeth J. “Betty” (Kilpatrick) Valente, 75In “Obituaries”last_img read more

Budget 2015 Full Year Tax Collections Likely to Fall Short of Estimates

first_imgDirect tax collections during April to November 2014 grew 5.67% to ₹3.29 lakh crore over the same period a year ago. ReutersIndirect tax collection stood at ₹3.28 lakh crore for the April to November 2014, up 7.1% compared to the same period a year ago.Cumulative tax collection stood at ₹6.58 lakh crore for the April to November 2014 period.For fiscal 2015, the government’s budgeted revenues are₹13.6 lakh crore, mandating direct taxes to grow by 16% to ₹7.36 lakh crore and indirect taxes by 20% to ₹6.24 lakh crore, reports Livemint.Tax collection for the year has continued to remain tepid, with the Ministry of Finance asking the tax department to step up tax collections in the remaining three months of the fiscal.At the current rate, the government is unlikely to meet its fiscal deficit target of 4.1% of the GDP.Tax mobilization is a reliable indicator of economic growth in GDP terms, and factors affecting it.last_img read more

Sylhet BCL unit dissolved

first_imgBCLSylhet district unit committee of Bangladesh Chhatra League (BCL) has been dissolved over the killing its activist Omar Miad, reports UNB.BCL central executive committee took the decision on Wednesday night, said a media release signed by its president Saifur Rahman Shoag and general secretary SM Jakir Hossain.Earlier on Monday, Miad, 22, was stabbed to death in a factional clash near Tilagarh area of the city.Miad’s father filed a case with Shahporan police station on Wednesday night accusing 15 leaders and activist of district unit BCL, including its general secretary Rayhan Chowdhury, activist Tofayel Ahmed, and his brother Fakhrul Islam.Meanwhile, police arrested Tofayel Ahmed and Fakhrul Islam.The BCL central executive committee also asked the post aspirants to submit their Curriculum Vitae to the responsible central leaders within 25 October for forming a new committee.last_img read more

BNP rejects 21 Aug grenade attack verdict

first_imgThe Bangladesh Nationalist Party (BNP) on Wednesday turned down the verdict in the 21 August grenade attack cases, saying it has been given at the ‘behest of the government’ with a political motive, reports UNB.“BNP thinks that the verdict is a politically motivated one. It’s a naked manifestation of satisfying government’s political vengeance,” said BNP secretary general Mirza Fakhrul Islam Alamgir.Speaking at a press conference at BNP’s Naya Paltan central office, he said, “We reject the verdict.”Fakhrul also said the government has set another bad example of taking political revenge using the court.As their party acting chairman Tarique Rahman was given life imprisonment in the cases, he said it has proved that country’s no citizen has now a scope of getting justice.Earlier in the morning, after a long wait for over 14 years, a speedy trial tribunal sentenced 19 people to death and 19 others, including Tarique Rahman to life imprisonment, in two cases filed over the 21 August grenade attack on an Awami League rally in the capital in 2004.last_img read more

Road accident kills RAB official

first_imgRoad accident LogoA senior official of Rapid Action Battalion (RAB) died after being hit by a container in Kamlapur Railway Station in the city on Tuesday night, reports UNB.The deceased is Md Abu Zafar. He was a sergeant of communication and MIS wing of RAB Headquarter.The accident took place in the railway station while he was receiving the goods for RAB officials around 8:00pm, leaving him critically injured, said RAB headquarter.Later he was admitted to Combined Military Hospital where the duty doctor declared him dead around 8:30pm.last_img read more

BNP to stage protest if gas prices hiked Fakhrul

first_imgBNP secretary general Mirza Fakhrul Islam Alamgir. File PhotoBangladesh Nationalist Party (BNP) secretary general Mirza Fakhrul Islam Alamgir on Sunday warned that their party will not accept any gas price hike as it will only inflict sufferings on people, reports UNB.”Our position is clear about the government’s move to hike the gas prices. Neither we nor the country’s people will accept it,” he said.Fakhrul issued the warning at a press conference at the party’s Naya Paltan central office after a joint meeting of BNP and its associate bodies.He also said their party will take all-out protest programmes if the government increases the gas tariffs.About the Bangladesh part of US State Department’s annual country report on human rights practices, the BNP leader said it has depicted the real scenario of the country’s human rights condition and 30-December polls.The US 2018 Country Reports on Human Rights Practices released on 13 March said unlawful or political killings, forced disappearances, life-threatening prison conditions, limitation of freedom of speech, negative government pressure on and fear of reprisal by press and media, and impunity for security force abuses were the most significant human rights problems in Bangladesh last year.On elections and political participation, the report termed the 30-December parliamentary elections a “lopsided” one and said it was considered to be marred by irregularities, including ballot-box stuffing and intimidation of opposition polling agents and voters.Fakhrul said not only the US State Department but also all other global media outlets, including CNN, BBC and Al Jazeera, The Guardian and The Washington Post clearly said it was not an election at all on 30 December, 2018. “They also said people’s opinion and desire were not reflected in the election as they couldn’t cast their votes.”Even, the BNP leader said Indian media depicted what happened in the election.He alleged that Bangladeshi media could not properly report on the election due to a serious censorship on them. “Still, they’re vocal about it as much as possible for them””We’re very respectful to the media, and we thank them for the role they’re playing in such an adverse situation,” Fakhrul said.He alleged that the government has indulged in enforced disappearance, extrajudicial killing and arrest of its opponents to establish one-party rule.”One-party rule has been established in the country. Now people have no security and they don’t get justice. We’ve been witnessing for nearly 10-12 years that whom the government doesn’t like are being killed and made disappeared,” the BNP leader observed.last_img read more

Protections For PreExisting Conditions Joins Medicaid Expansion On Texans Healthcare Wishlist

first_imgGetty ImagesProtesters rallied against Medicaid cuts in front of the U.S. Capitol in June 2017. Medicaid is the nation’s largest health insurance program, covering 74 million people — more than 1 in 5 Americans.A majority of Texans support expanding Medicaid in the state and protecting coverage of pre-existing conditions, according to an Episcopal Health Foundation poll.The annual opinion survey found Texans’ top priority for the state legislature is tied between lowering the cost of prescription drugs and lowering the amount individuals pay for health care. Other priorities included increasing funding for mental health programs and reducing maternal mortality.A sweeping majority of respondents, 88 percent, said insurance companies should be required to cover pre-existing conditions. This was a new question added because of a Texas judge’s 2018 decision to declare the Affordable Care Act unconstitutional, threatening current federal protections.“If their desire to see the ACA go away means that they’re interested in taking on the problem themselves, that’s fantastic and I’d like to see it happen,” said Episcopal Health Foundation president and chief executive Elena Marks.Overall, Texans prefer the state government to have its hands in healthcare more than the federal government. Ninety-one percent of respondents said the state should take some role in making the healthcare system work well compared to 82 percent who said the same of the federal government. When asked if the government should take a “major” role in the healthcare system, respondents again preferred state control (67 percent) to federal (57 percent).However, Texans don’t want state lawmakers to leave federal money on the table. Sixty-four percent of Texans support Medicaid expansion, the poll found. Texas lawmakers have so far elected not to expand the federal program in the state, though some have filed bills this year to vote on the topic.The results of this year’s survey echo those of a 2018 Kaiser Family Foundation/Episcopal Health Foundation poll which found growing support for Medicaid expansion along with mental health and maternal mortality as priorities for Texans.“It seems that the public in Texas wants the legislature to do something,” said Dr. Tim Garson, who heads the Texas Medical Center Health Policy Institute, in reaction to the 2018 survey. “The last time that anyone thought about it, it was a democratic administration in the White House, and this is a very different administration,” he said, noting changes in national politics may have made Medicaid expansion more palatable for Texas voters. Sharelast_img read more

For the love of cinema

first_imgThe second edition of Dharamshala International Film Festival- DIFF, was announced in the Capital on Tuesday. For all the cinema lovers this year DIFF has an array of 30 films – a choice pick from independent movies, documentaries, short films and experimental cinema.Created by noted filmmakers Ritu Sarin and Tenzing Sonam this film festival is determined to provide a platform to independent movie makers and to present exceptional contemprory cinema to the viewers.  Also Read – ‘Playing Jojo was emotionally exhausting’Few movies to be screened this year includes Mike Lerner and Maxim Pozdorovkin’s provocative Pussy Riot: A Punk Prayer, based on controversy created by  the Russian feminist punk rock protest group. Another interesting watch will be  Polish filmmaker Jacek Borcuch’s award-winning romantic feature film, Lasting which will be followed by Australian director Kate Shortland’s moving post-World War II drama, Lore; British artiste Shezad Dawood’s debut sci-fi feature, Piercing Brightness and Japanese cult director Takanori Tsujimoto’s martial arts extravaganze, Bushido Man. Also Read – Leslie doing new comedy special with NetflixThis year, DIFF have a special focus on Indian documentaries with strong social concerns. Festival will be presenting Nishtha Jain’s Gulabi Gang, Amit Virmani’s Menstrual Man, and Anand Patwardhan’s Jai Bhim Comrade.A number of films selected for the festival are based on children or teenagers struggling to overcome failure and dilemmas are also lined up. Some of these are Kim Mordaunt’s coming-of-age drama set in Laos, The Rocket; Dominga Sotomayor’s Chilean road movie, Thursday Till Sunday. Following the new Indian Indie wave, films like Nagraj Popatrao Manjule’s Fandry and Q’s Tasher Desh will also be screened.A carefully curated series of fillers (to be screened between movies) will present short takes  made by leading international artistes.last_img read more

Water sports may expose you to antibioticresistant bacteria

first_imgLove to play water sports like surfing or bodyboarding? Beware, you may be three times more likely to swallow antibiotic-resistant Escherichia coli or E.coli bacteria in your guts, new research has revealed. Surfers were found to swallow ten times more sea water than sea swimmers, making them more vulnerable to E.coli bacteria.Regular surfers were also found four times as likely to harbour bacteria that contain mobile genes that make bacteria resistant to the antibiotic. Also Read – Add new books to your shelfThis is significant because the genes can be passed between bacteria – potentially spreading the ability to resist antibiotic treatment between bacteria, the researchers said. “Antimicrobial resistance has been globally recognised as one of the greatest health challenges of our time, and there is now an increasing focus on how resistance can be spread through our natural environments,” said Anne Leonard, from the University of Exeter. Scientists compared faecal samples from 300 surfers and non-surfers to assess whether the surfers’ guts contained E.coli bacteria that were able to grow in the presence of cefotaxime. Also Read – Over 2 hours screen time daily will make your kids impulsiveThe study, published in the journal Environment International, found that 13 of 143 (9 per cent) of surfers were colonised by these resistant bacteria, compared to just four of 130 (3 per cent) of non-surfers swabbed.A treatment with cefotaxime – a commonly used and clinically important antibiotic previously prescribed to kill off E.coli bacteria – showed that the bacteria has acquired genes that enable them to survive this treatment, the study showed.According to the 2016 O’Neill report commissioned by the UK government, antimicrobial resistant infections could kill one person every three seconds by the year 2050 if current trends continue.There is an urgent need to curb antibiotic-resistance or else we may be entering an era in which antibiotics are no longer effective to kill simple, and previously treatable, bacterial infections, warned the World Health Organization.last_img read more

SwissBelhotel International launches SwissBelsuites Pounamu Queensto

first_imgSwiss-Belhotel International launches Swiss-Belsuites Pounamu QueenstownSwiss-Belhotel International launches Swiss-Belsuites Pounamu QueenstownSwiss-Belhotel International, the leading global hotel chain and hospitality management group with 145 operating properties worldwide, has launched Swiss-Belsuites Pounamu Queenstown in one of the Southern Hemisphere’s premier year round lake and alpine resort destinations.The new property brings the brand’s Australasian portfolio to 5 hotels and boosts its presence in a region renowned for its adventure pursuits, lakeside beaches and a spectacular skiing.With 64 self-contained, serviced en-suite studios and apartments, the Qualmark-rated 5-star Swiss-Belsuites Pounamu Queenstown invites guests to enjoy a luxurious modern stay by the shores of majestic Lake Wakatipu. The world-class facilities include under-floor heating, a heated outdoor spa and stunning views of the lake and The Remarkables mountain range – all just a 10-minute stroll from the centre of Queenstown.The area around Queenstown is famed for its walking and cycle trails, wineries, skiing and adventure activities. Reflecting this sense of adventure, Swiss-Belsuites Pounamu Queenstown offers ski, bike and car rentals, with a complimentary concierge service to organize trips and activities. The hotel also features a children’s playground, BBQ facilities and gym access.Designed in a contemporary style, floor-to-ceiling windows take in the inspiring natural landscape while wooden floors, open-plan living spaces and fully equipped kitchens create a sophisticated homely feel. Studios boast a kitchenette, with all rooms and apartments fitted with a washing machine and dryer.From early June, guests can drive just 20 minutes to the snowy slopes, with four ski-resorts within easy reach of the hotel. The mild alpine climate also makes Queenstown perfect for hiking, watersports or a round of golf at one of the area’s world-class courses. Just an hour’s drive away is Lake Wanaka and the outstanding beauty of glacial Mount Aspiring National Park, which is part of the Te Wahipounamu World Heritage Site. Around the same distance, Glenorchy’s mesmerizing landscape has featured in several global movies, including unforgettable scenes from The Lord of the Rings trilogy. Adding to the attraction, Queenstown less than an hour’s drive from around 200 vineyards, making it a wine-lovers dream destination.Swiss-Belsuites Pounamu Queenstown is the second Swiss-Belhotel International property to open in the South Island’s resort town of Queenstown, with Swiss-Belresort Coronet Peak currently undergoing refurbishments and an upgrade. Along with Swiss-Belsuites Victoria Park, Auckland, which opened in October 2016, this latest launch is a sign of a growing confidence in Swiss-Belhotel International as a hotel management brand in Chairman and President, Mr. Gavin M. Faull’s native New Zealand.“The Swiss-Belsuites brand is all about modern design and quality facilities that create space, comfort and luxury to offer home-away-from-home relaxation for many different types of guests,” says Mr. Faull.“Queenstown is a stunning and unique location and every element of Swiss-Belsuites Pounamu Queenstown, from the décor to the facilities and services, is designed to complement and enhance the unbeatable experiences offered in this incredible part of the world,” he adds.Source = Swiss-Belhotel Internationallast_img read more

Reps Afendoulis VerHeulen to host Senior Brigade Day

first_img19Mar Reps. Afendoulis, VerHeulen to host Senior Brigade Day State Reps. Chris Afendoulis and Rob VerHeulen today announced they will host a Senior Brigade Day to inform local seniors and their caretakers about different types of scams and how to protect against them.The event will take place at 10 a.m. on Friday, March 27, at the Rockford Community Cabin, located at 220 N. Monroe St. in Rockford. Reps. Afendoulis and VerHeulen will be joined by Sen. Peter MacGregor, R-Rockford.“Unfortunately, seniors are all too often the main target of fraud and scam artists,” said Rep. Afendoulis, R-Grand Rapids Township. “It’s important that we are all educated on the matter so that we can protect our family, friends and loved ones against dishonest behavior.”The Senior Brigade Initiative is designed to assist and inform seniors on financial and health care decisions and protect them against scam artists and other predators. A representative from the Attorney General’s Office will be in attendance to give the presentation.“Identity scams are avoidable and can be recognized if we teach people what to look for and what questions to ask,” said Rep. VerHeulen, R-Walker. “I am confident that these presentations will give our seniors more knowledge about these criminals so they can better protect themselves.”The west Michigan representatives said all seniors and their caregivers are welcome to attend and they look forward to meeting with the community on this important issue.For more information or to RSVP, contact Rep. Afendoulis’ office by phone at 517-373-0218 or via email at ChrisAfendoulis@house.mi.gov.### Categories: Afendoulis News,VerHeulen Newslast_img read more

In This Issue Yellens Friday words still dom

first_imgIn This Issue. * Yellen’s Friday words still dominating currencies & metals. * Yen falls another whole figure. * Singapore 1st QTR GDP is strong! * Doesn’t anyone see what I see? And Now. Today’s A Pfennig For Your Thoughts. The CBR Sends The Ruble To The Woodshed. Good day..  And a Wonderful Wednesday to you! Well, those dangerous storms continue in the South. Last night, I sent a text to my younger sister, who lives with my other younger sister, just outside of Houston, to check and make sure they were safe. Not that I know what I would have done if she said they weren’t safe, but, I felt I needed to do that, being their older brother. It’s been quite the storm filled spring here in the U.S., eh?  Usually, our area is right smack dab in the middle of that stuff, but not this year, as the jet stream has dropped to the south. But not today, it appears the nasty stuff is headed straight up Highway 44 to St. Louis, the normal route for spring storms. UGH!   The official start to Spring doesn’t come until the middle of next month, although the thought that summer began with Memorial Day, usually registers more with people.. June is going to be quite interesting for the Eurozone, the euro, and Greece, as Greece is scheduled to make loan payments to the IMF on June 5th, 12th, 16th and 19th. WOW! I’m not sure what Greece can do about all this, except to accept the austerity measures and secure the loans, or, just walk away, default, and cause chaos. I’ve written about how if I were the Eurozone leaders I would just say, “here it is, take it or leave it”, and if Greece decided to leave it, then so be it. For, to me, they are the slowest Buffalo. And to make the herd faster you must allow the slowest Buffalo to be killed.   Hey! In all seriousness, I learned the slowest Buffalo theory from Cliff Clavin! So there! The dollar rally seems to have been a little overdone, and the green/peachback is generally weaker this morning. The Japanese yen seems to be really slipping and sliding along the slippery slope these past couple of days. Yesterday, I told you how the yen had slipped from 121 to 122, well today it’s 123. It’s not the same old names, but the same of titles of officials that are talking about, “how excessive FX moves are not warranted” and stuff like that. But, they have no one to blame but themselves for these sweeping moves taking place with yen, as it’s these same leaders that have gone about adding stimulus and generally attempting to get yen weaker to promote economic growth. It’s a classic case of being careful of what you wish for, as you may get your wish! The euro has regained some lost ground, but it has been trading all over the place lately with no general direction carved out. Some might say that the 3-cent drop in the euro from Friday morning to Tuesday morning, as a clear direction downward, but I would stop them and say that the euro has bounced twice now after falling below 1.09, so be careful here. The Eurozone/ Greek talks will begin again today. I don’t hold out a lot of hope here today. In the U.K. today, the Queen will speak and set out the government’s policy for the parliamentary sessions. The markets will be looking for any sign that the Queen is behind this latest move by parliament to leave the European Union. They call this a Brexit.   So, now we’ve made up two words: Grexit, and Brexit. The British pound has enough to worry about, with the lack of economic growth, falling inflation and no rate hikes as promised, but apparently you can now count this little ditty. The Bank of Canada (BOC) meets today, and will make a rate decision. I don’t believe that the BOC will do anything drastic with rates. The economic performance of Canada has been a mixed bag-o-results, and with that going on, there’s no reason for the BOC to move rates in either direction. Although I would think that BOC Gov. Poloz would love to cut rates so he can join his fellow Central Bankers around the world. Shoot Rudy, if he doesn’t cut rates like the rest of the clan, what on earth would they talk about at the next cocktail party? I had a dear reader send me a note yesterday, telling me that all these moves by Central Bankers reminded him of the great Albert Einstein quote, which I now believe is my fave quote!  Einstein said, “The difference between intelligence and stupidity is that intelligence is limited”.   I think that sometimes that quote applies to me. I was such a dolt yesterday about something so mundane, but a dolt nonetheless, so, see, the dear reader believes that quote reminds him of Central Bankers, and I think it reminds me of me! HA! Well, one of the best performing currencies year to date, the Russian ruble, appears to have met its match with regards to appreciation, as the Central Bank of Russia (CBR) is gaining traction with their desire to weaken the ruble, as they feel that the ruble’s move has been too far, too fast. I think otherwise, but then I’m no Central Banker.  The chartists are now piling on the ruble, talking about how the ruble has traded through its 200-day moving avg. (DMA) and it could be the start of a bearish trend in the ruble that could take it from the current level 51.50 to 56. For the record, the CBR has cut rates, as if that wasn’t expected given the CBR boosted rates to 17% to defend the ruble last year, and the CBR has apparently intervened, selling rubles in the market to weaken it.   Longtime readers know how much I dislike Central Banks sticking their hands in the currency cookie jar, so not that long ago I smiled when thinking of the ruble, and now my smile has turned upside down, because of the CBR’s actions. UGH!  Can I get a bone thrown to me here? The Chinese renminbi / yuan was pushed weaker overnight by the Peoples Bank of China (PBOC). I’m somewhat surprised by that move, given the news last night from the SWIFT payments people that the renminbi / yuan has become Asia’s most-active currency for payments in China and Hong Kong. Get this. The renminbi / yuan accounts for 31% of the region’s payments, up from 7% in April of 2012..   Now, most people don’t see this as BIG News. But I do. just like yesterday, when I told you about the SGE Gold Fund, no one else talked about it, because they didn’t see it for what it was, another brick in the wall of removing dollar relevancy. And this news? Well, here’s how I look at it, folks. China needs a wider distribution of their currency, and to get that, they need dealers to begin to make markets in the currency, and they also need for importers and exporters to begin to make payments using the renminbi / yuan so the distribution begins to spread out. So, for now it’s Asia that China has cornered the payments, and next it will be what region? Oh, there will be another region, and then another region. Because that’s what China wants. You know, there are tons of articles and reports out there that talk about deflation, and how Central Banks are fighting deflation, and would rather see “controlled inflation” as if that’s really a thing to strive for.  But no one ever talks about where the deflation came from?  Well, let’s take a quick look at the poster child for deflation. Japan. then switch over the U.S. and then to the Eurozone, and the U.K.  what do all of these countries have in common. Large Debts.. That’s what. So guess where deflation comes from in my mind? The deflation comes from the rise in the cost of government in addition to the collapse in leverage. As governments with power turn to extracting more from the people rather than weak government.  Well, there’s no sign of deflation at Disney World. Yesterday’s Five Minute Forecast (The 5)  talked about this, and it caught my eye, so I’ll borrow some of their stuff here.   No worries, I’ll give it back to them when I’m finished! HA!   So, Disney just announced that tickets for Disney World in Florida had increased to “just $100”.    That’s a far cry from what tickets cost in 1971, when it opened.. $3.50.   So, the increase of ticket prices by decade has gone like this. 1971 $3.50, 1981 $9.50, 1991 $33.00, 2001 $48.00, 2011 $85.00 and 2015 $105.     YIKES! Talk about inelastic demand!     So, here are my thoughts on this. The fact that still have families heading to Disney World, when everything around them hurts, like Retail Sales, 6,000 Retail Stores to close this year, and gas sales not being the ka-bang to the economy that everyone thought, tells me a lot. It tells me that it’s like a one last time. You know a star shines the brightest right before it burns out, thing. Well, Gold is down again today, and has now fallen below the $1,190 figure. losing touch with $1,200 as the days go by.  I told you yesterday how Fed Chair, Janet Yellen’s speech on Friday afternoon had really deep sixed Gold, by renewing the thought that a rate hike could happen in June into the minds of traders. You know, I told you yesterday, what my thoughts were on what she said. in case you missed it, you should go to the Pfennig’s website, and you can find it in the archives. just click here: www.dailypfennig.com     On a sidebar, I love the Pfennig’s website, because it gives readers the chance to go back in the archives and check out something I said in a previous Pfennig. You know, how I always say, stuff like, “I told you the other day that. “?   Well, this way you can makes certain that I did say what I said I said. And on Fridays I always post a picture of me just to remind you that I’m somewhat short, overweight, and balding, you know like the grandfather of 3 grand kids, and someone that you would want to have dinner with! HAHAHAHAHA!  Singapore printed some good economic growth data yesterday.  Sing 1st QTR GDP was given a final upward revision to 3.2% VS the advance estimate of 1.1%… Now that’s what I call a good upward revision!  So, VS the previous quarter, the Sing economy grew 3.2%, and on an annual basis, the Sing economy grew 2.6%…  And the outlook for the rest of 2015, is for an even modestly stronger growth.  So, how is Singapore growing so strongly, when the rest of the region, and the world for that matter, isn’t?  It’s called having the key ingredients being the right mix.  Pharmaceuticals, electronics, and services. Things people all over the world need and want. Have you ever heard Otis Redding’s version of the song; Try a little tenderness?  Shoot 3-Dog Night did the song, the Commitments, and probably countless others, but Otis Redding’s version will get to you.   So. the U.S. Data Cupboard yesterday, did print, as I said it would, a negative Durable Goods Orders for April, printing -0.5%… so, the first month of the 2nd QTR continues to prints some very weak data. Capital Goods Orders though rose 1%, to offset March’s -0.5% print. The S&P/ CaseShiller Home Price Index rose in March by 1.3%… Again, this housing stuff is getting overdone in my opinion, for this is nothing that looks like a long term move, but more like a blue light special sale that consumers don’t feel will be there much longer, so they have to buy now, kind of thing. And the Consumer Confidence Index rose from 94.3 to 95.4. But it’s important to look that last month’s original print was 95.2 but was revised downward to 94.3. I’ll bet a dollar to a Krispy Kreme that this print of 95.4 will get revised downward next month too. Maybe I’ll remember to talk about that next month!   But then next month is not promised to me, only today is. Today’s Data Cupboard gets a breather before heading into our Tub Thumpin’ Thursday menu. So back to no data equals no bad data for the U.S. (except housing and fabricated jobs)  So, get your rest now while you can, because we’ll head into the end of the week, and when we come back next Monday it will be June, and the data will come rolling in day after day!  To recap. The dollar’s mighty rally appears to be somewhat squelched by those traders that think the rally was overdone. The euro has regained some ground this morning, but it has really bounced around a lot lately, so watch for that.  Japanese yen has lost 3 full figures since last week, now trading to 123. Japanese leaders were vocal last night about “watching excessive moves in FX” same old rhetoric, different names, same titles.   The calls for an exit of the European Union, by the U.K. are becoming quite strong, and the Brexit as it’s called will begin to be headline news soon. Singapore posted a strong 1st QTR GDP, so what gives with Singapore being able to have economic growth when the rest of the region is struggling?  And Gold gets another day on the selling blocks, what is going on here, don’t people/ traders see the SGE Gold fund like Chuck does? Apparently not! For What It’s Worth.  Well, I found this on the Telegraph.co.uk website, because I’m always drawn to articles about debt, just like a bug to the neon light!   So, it’s not an upbeat article, it’s about debt, but I’ll try to break it to you softly. HA!   Here is the link to the whole article: http://www.telegraph.co.uk/finance/economics/11625406/The-world-is-drowning-in-debt-warns-Goldman-Sachs.html   And as usual, here are a couple of snippets for those of you, needing to get to the Big Finish quickly today! “The world is sinking under too much debt and an ageing global population means countries’ debt piles are in danger of growing out of control, the European chief executive of Goldman Sachs Asset Management has warned. Andrew Wilson, head of Europe, Middle East and Africa (EMEA), said growing debt piles around the world posed one of the biggest threats to the global economy. “There is too much debt and this represents a risk to economies. Consequently, there is a clear need to generate growth to work that debt off but, as demographics change, new ways of thinking at a policy level are required to do this,” he said. The demographics in most major economies – including the US, in Europe and Japan – are a major issue – and present us with the question of how we are going to pay down the huge debt burden. With life expectancy increasing rapidly, we no longer have the young, working populations required to sustain a debt-driven economic model in the same way as we’ve managed to do in the past.” Chuck again. So.. I’ve beaten this debt thing to a pulp over the years, but there are still economists, observers, traders, etc. that don’t think it’s that Big a thing. Well, remember what I told you above about where I believe deflation comes from. And then tie it back to this article about the debt of the developed nations. of which they all have deflation. Hmmm As we head to the currency roundup the euro has done like I feared it would this morning, giving back its gains in the two + hours I’ve been here. UGH! Currencies today 5/27/15. American Style: A$.7710, kiwi .7225, C$ .8025, euro 1.0860, sterling 1.5370, Swiss $1.0515, . European Style: rand 12.1315, krone 7.7535, SEK 8.5290, forint 284.45, zloty 3.8045, koruna 25.2255, RUB 51.81, yen 123.75, sing 1.3525, HKD 7.7530, INR 64.02, China 6.1198, pesos 15.34, BRL 3.1530, Dollar Index 97.41, Oil $58.73, 10-year 2.15%, Silver $16.66, Platinum $1,123.19, Palladium $781.82, and Gold. $1,186.48 That’s it for today. Well, after the storms came through yesterday morning, it turned out to be a very nice day. Sunshine and warmth.. But days of rain off and on are the forecast for this week.  Cards bats come alive last night, and they were needed! WHEW!  So, have you even heard about our NFL team, the Rams, and the owner that wants to move the franchise to L.A.? I try not to get into this much, because it just makes me very angry. Sure it’s his “company” he bought it, but doesn’t it also belong to the city that supports it?   Oh well, Que Sera, sera. Whatever will be will be, the future’s not ours to see, Que, sera, sera. How many of you remember, Doris Day singing that song? I know I do.   Marshal Tucker’s song: 24 Hours is playing on the iPod right now. I always found that this song, and the song by Missouri, Movin’ On, were the best driving songs, well especially if you had a care free frame of mind.  Well, did you see that the U.S. is going after FIFA for corruption? WOW!  I would say something snarky here if I had a care free frame of mind, but I think I’ll just keep that comment to myself!  So, let’s go make this a Wonderful Wednesday! Chuck Butler Managing Director EverBank Global Marketslast_img read more

Recommended Links

first_img Recommended Links Louis James Senior Investment Strategist Casey Research Editor’s note: This year alone, Louis has found 12 different stocks that have already doubled, using “The Casey Method.” This is the highly successful method Doug has personally used to make millions of dollars in gold stocks. And now, for the first time ever, he is sharing his method with you so that you can start making huge gains in what he believes will be the biggest gold mania we’ve ever seen. Put simply, this method works. Doug’s used it to make massive profits during every gold bull market in the last 40 years. During periods of rising gold prices, he’s used it to book gains of 487%, 711%, and even 4,329% in gold stocks. You can learn more about this incredible opportunity by watching this FREE video presentation. The “Casey Method” for buying gold stocks A remarkable way to buy gold stocks for as little as pennies and sell them within a year or two for 400% gains… from a man who’s made millions of dollars in his career as a gold speculator. Click here for full details. As the great Canadian philosopher Wayne Gretzky said: “I skate to where the puck is going to be, not where it has been.” And the point of this is that smart people thinking about investing in gold and silver today are asking themselves the same questions I was asking myself in 2006. Gold has risen 31.4% from its low of $1,053 per ounce late last year to its recent high of $1,384. Silver’s been up as much as 54.1%. “Is it too late?” My answer is no. I understand that it’s hard to put money into stocks that have risen sharply in recent months. Many of our stocks are up more than 100%, 200%, and even 400% since their low at the beginning of this year. But that’s got more to do with how oversold they were than what is likely to happen next. In seeking to skate to where the puck is going to be, we look for value to be added ahead. It’s just as when I made the call on Fortuna back in 2006. All of the companies I currently recommend buying in the International Speculator have huge value to add. This is true even if the price of gold does not continue rising. It’s true even if precious metals retreat towards recent lows. Actually, if gold and silver did correct sharply before heading higher again, that would be the best thing in the world for those just getting into related stocks. It would create great buying opportunities. At this point, this may actually be likely. You want to be ready to take advantage of it. I’m excited about the work I’m doing now. It’s not enough to have a portfolio of winners in hand. I’m traveling more than I have in years, scouring the world for new opportunities. I knew this day would come during the down years. Now that it’s here, I’m having a ball putting all I’ve learned from Doug and many of the best geologists in the world to work on my readers’ behalf. I may wear out another pair of boots, but it will be worth it. I think we’re all about to make a pile of money. I realize that I’m singing my own praises here, but what I’ve just said is true. And if you’re not already an International Speculator subscriber, I hope you’ll join me for the adventure ahead. I believe you will be very glad you did. Sincerely, Editor’s note: Yesterday, we told you that there are huge money-making opportunities in the gold market that are staring us in the face right now. Casey Research founder Doug Casey says gold stocks are in the early stages of a “true mania”…and that there’s never been a better time to own them. Senior Investment Strategist and International Speculator editor Louis James agrees. And in today’s special Dispatch, he explains why it’s not too late to get in on this boom right now… Dear Reader, Deep under a mountain, but so high up in the Andes that I could barely breathe, I found one of the best money-making opportunities I’ve seen in my entire career. I was in an old mine tunnel. The ore was massive sulfides of lead and zinc, with high grades of silver. These sulfides sparkle brightly in your miner’s lamp, like chandeliers. Usually, you see a narrow vein with a little of this stuff sprinkled in it. You look up to see it in the ceiling of the tunnel, or slashing a wall. Not this time. The entire tunnel—a good four meters wide by four meters tall—was blasted through a zone of massive sulfides so thick, it all sparkled in my lamp. The walls, the ceiling, the floor, everything. It was like walking through a field of stars. On the old mine posts, I could see the assay numbers left behind by the old-timers: 9% lead-zinc, 12%, 15%—with hundreds of grams per tonne of silver. The rock had more than $500 in contained metals in some places. I asked the mine geologist (who was my guide) how anyone could leave so much value behind. He told me that the old-timers were only interested in the highest-grade core of the deposit, which ran to more than a kilo of silver per tonne. The speculation was that not only could these high-grade (by modern standards) remnants be mined, but that more bonanza-grade silver and gold could be found as well. That potential was made very real to me when we returned to the surface. I could see that the rock alteration visible on the mountain above the vein was repeated up and down the valley, showing the location of other veins. Many had been worked in colonial times—the mine has a history that goes back more than 400 years—but there were plenty more to explore. The vein is called Animas. It’s part of the Caylloma mine camp in Peru. The company is called Fortuna Silver Mines (FSM, FVI.TO). At the time, it was an exploration company that had just bought the mine with its 7.0 million ounces of silver in historic mine reserves for $7.55 million. Experts were skeptical that a little explorer like Fortuna had what it took to put Callyoma back into production and make money. This was back in January of 2006. I could see plain as day that the mine was a cash cow just waiting to be given the attention it deserved, surrounded by enormous blue sky potential. I wrote a report saying so while still in the field, and Casey Research founder Doug Casey recommended the stock at C$1.15 in an investment alert on January 27. Now, here’s the thing: the stock had been trading for less than C$0.20 for years. At C$1.15, it was already up more than 500% for those in before it became obvious that the gold and silver bull market underway was real. So, I had to ask myself: was I too late? What if we put a “Buy” on the stock only to provide exit liquidity for the early birds? What if Fortuna fell on its face in the transition from exploration to production? That’s actually a very common outcome. What if we were being the new “stupid” money, chasing after a stock that had already risen to ridiculous levels? If I had let such fears stop me, we would have missed out on what happened next. Fortuna doubled within two months. We were able to take profits on March 29, 2006, at C$2.38. The stock came within kissing distance of C$7 in 2011. It gave much of that up in the multi-year bear market that followed. But just last week, it hit an intra-day high of C$12.73 (August 2, 2016). That’s more than 10 times the price of our initial recommendation—and the company is still adding new value today. Ten-baggers are no myth. The point of this story is not to brag. In fact, there were many ups and downs, we took profits along the way, and we were in and out of the stock. So our official gain on this pick is not 1,000%, even though this was possible. (And just imagine if we’d been in at 20 cents!) The point is that back in 2006, when I was asking myself if I was being stupid for recommending a stock that was already up 500%, I chose to drive forward looking ahead, not in the rear-view mirror. This is critical. If I had let how much the stock had already risen paralyze me, we would have missed out. Instead, I made the decision based on the huge value the company was clearly set to deliver. We took the plunge.center_img – One man’s secret to making $960,000/year He doesn’t hold a regular job… hates ordinary stocks… and spends most of his free time in the park. But he generates all the cash he needs with a simple approach he’s sharing here. —last_img read more

Health was a persistent theme if not the centerpi

first_imgHealth was a persistent theme, if not the centerpiece, of President Trump’s State of the Union address at the Capitol on Tuesday night. The president laid out a series of health-related goals, including some that even Democrats indicated could be areas of bipartisan negotiation or compromise. Trump vowed to take on prescription drug prices, pursue an end to the HIV epidemic in the U.S. by 2030 and boost funding for childhood cancers. He also took a victory lap for goals that his administration had accomplished. “We eliminated the very unpopular Obamacare individual mandate penalty,” he said, referring to the requirement in the Affordable Care Act that most people must have health insurance or pay a fine. It was eliminated as part of the 2017 GOP tax bill, despite backlash from critics that it could undercut Obamacare, after many failed attempts by Republicans to repeal the law.And Trump noted congressional passage of a “right-to-try” bill that was supposed to make it easier for terminally ill patients to gain access to experimental medications, but so far, few patients have been able to make the law work for them. The most likely ground for bipartisanship will be the issue of drug prices, where Democrats are as eager as the president to do something to rein in prices. “It is unacceptable that Americans pay vastly more than people in other countries for the exact same drugs, often made in the exact same place. This is wrong, this is unfair, and together we will stop it. We will stop it fast,” he said. “I am asking the Congress to pass legislation that finally takes on the problem of global freeloading and delivers fairness and price transparency for American patients.” Democrats are cautiously optimistic on the drug price front. “I really am hopeful about making strides on prescription drug legislation this year on a bipartisan basis,” Wendell Primus, top health aide to House Speaker Nancy Pelosi, D-Calif., said at a conference for health policy researchers hours before the speech. But not all of Trump’s claims Tuesday about his efforts on drug pricing stand up to close scrutiny. He proclaimed that “in 2018, drug prices experienced their single-largest decline in 46 years.” The drug-price portion of the consumer price index declined slightly last year for the first time since 1972, but prices for many individual drugs are still rising. Factors beyond the administration’s actions appear to have played the biggest role in the overall slowdown. Drug price increases have slowed largely because patents have expired on expensive, blockbuster drugs, and several years have passed since the introduction of expensive medicines to treat hepatitis C, according to independent analysts. But even as consumer drug prices have moderated, drug spending per hospital admission soared 19 percent from 2015 to 2017, a study sponsored by hospital trade groups found last month. That includes anesthesia drugs, chemotherapy infusions and other medicines that are not counted in the CPI.Some well-placed Republicans praised the drug price effort. “I expect deep-pocketed interests to oppose anything and everything to protect the status quo,” said Sen. Chuck Grassley, R-Iowa, chairman of the powerful Senate Finance Committee. “But the moment is ripe for action and Americans expect us to work together to get the job done.”News organizations including NPR and Kaiser Health News have reported on dozens of cases of surprise hospital bills, unaffordable costs for life-sustaining drugs and other health-expense shocks for patients. Shereese Hickson, whose experience with a $123,000 bill for multiple sclerosis drugs was covered by KHN and NPR, was watching the speech. “I’m glad he mentioned it,” she said of Trump’s promise to bring transparency and competition to pharmaceutical prices. “But I would like to see if it really will come true. If you do that — that’s going against the drug companies. They’ll be losing money and they’re not going to let that happen.”Paul Davis — a retired doctor from Findlay, Ohio, whose family’s experience with a $17,850 bill for a simple urine test was detailed in a story that launched NPR-KHN’s Bill of the Month project last year and who met with Trump about surprise billing last month — said he was disappointed Trump didn’t go into further detail about his health care proposals.”He didn’t say anything,” Davis said.Davis said he would have liked to have heard more about the administration’s recently announced plan to eliminate drug rebates negotiated by middlemen in the Medicare drug program, as well as the recently implemented policy requiring hospitals to list their prices online.”If he wanted to use the podium to talk about the wonderful things that he’s done, that’s one of the things he’s gotten accomplished,” Davis said.In their official responses to the speech, Democrats were more combative. “In this great nation, Americans are skipping blood pressure pills, forced to choose between buying medicine or paying rent,” said Stacey Abrams, former Georgia House minority leader and a rising star in the national Democratic Party. “Maternal mortality rates show that mothers, especially black mothers, risk death to give birth. And in 14 states, including my home state where a majority want it, our leaders refuse to expand Medicaid, which could save rural hospitals, economies and lives.”California Attorney General Xavier Becerra, who gave the Spanish-language Democratic response, reminded viewers that while the Trump administration is seeking to have the Affordable Care Act overturned in court, Democrats would provide “medical care for your family that no politician can take away from you.”In another outreach to Democrats, Trump vowed that his budget “will ask Democrats and Republicans to make the needed commitment to eliminate the HIV epidemic in the United States within 10 years. Together, we will defeat AIDS in America,” he said. Groups that have been fighting HIV praised the promise.”While we might have policy differences with the president and his administration, this initiative, if properly implemented and resourced, can go down in history as one of the most significant achievements of his presidency,” said Michael Ruppal, executive director of The AIDS Institute.Trump also promised that his budget, which has been delayed by the recent government shutdown, will seek new funding to expand research into cures and treatments for childhood cancer. He said he will seek “$500 million over the next 10 years to fund this critical lifesaving research.” The National Institutes of Health has long been a bipartisan favorite in Congress, although Trump in his first budget did seek cuts in NIH funding. The one area in which bipartisanship will clearly not prevail is that of abortion. Trump reiterated a promise he made to anti-abortion groups as a candidate in 2016 and pushed for a federal bill to ban abortions after 20 weeks of pregnancy. “Let us reaffirm a fundamental truth: All children — born and unborn — are made in the holy image of God,” he said.Senate Republicans voted on such a bill in 2018; it failed to advance by a large margin. The bill still lacks the votes in the Senate, and the House now has a majority that supports abortion rights. Abortion opponents praised the president’s comments. “Once again, President Trump has proved he is our nation’s most pro-life president ever and he is keeping his promise to the voters who fueled his victory,” said Marjorie Dannenfelser of the Susan B. Anthony List. Abortion-rights supporters, meanwhile, chastised Trump’s comments. “Shame on the president for using the State of the Union to vilify people who have abortions and the providers who care for them,” said Megan Donovan of the Guttmacher Institute. “Make no mistake: This is part of a larger agenda to eliminate access to abortion altogether.”Kaiser Health News is a nonprofit news service that is an editorially independent program of the Kaiser Family Foundation. KHN staff writers Jay Hancock, Emmarie Huetteman and Ana B. Ibarra contributed to this report. Copyright 2019 Kaiser Health News. To see more, visit Kaiser Health News.last_img read more

The headlines about presidential candidate Joe Bid

first_imgThe headlines about presidential candidate Joe Biden’s new health care plan called it “a nod to the past” and “Affordable Care Act 2.0.” That mostly refers to the fact that the former vice president has specifically repudiated many of his Democratic rivals’ calls for a “Medicare for All” system, and instead sought to build his plan on the ACA’s framework.Sen. Bernie Sanders, one of Biden’s opponents in the primary race and the key proponent of the Medicare for All option, has criticized Biden’s proposal, complaining that it is just “tinkering around the edges” of a broken health care system.Still, the proposal put forward by Biden earlier this week is much more ambitious than Obamacare – and despite its incremental label, would make some very controversial changes.”I would call it radically incremental,” says Chris Jennings, a political health strategist who worked for Presidents Bill Clinton and Barack Obama and who has consulted with several of the current Democratic candidates.Republicans who object to other candidates’ Medicare for All plans find Biden’s alternative just as displeasing.”No matter how much Biden wants to draw distinctions between his proposals and single-payer, his plan looks suspiciously like “SandersCare Lite,” writes former congressional aide and conservative commentator Chris Jacobs in a column for The Federalist.Biden’s plan is built on the idea of expanding the ACA to reduce costs for patients and consumers — similar to what Hillary Clinton campaigned on in 2016. It would do things Democrats have called for repeatedly since the ACA was passed. Among Biden’s proposals is a provision that would “uncap” federal help to pay for health insurance premiums — assistance now available only to those with incomes that are 400% of the poverty level, or about $50,000 for an individual.Under Biden’s plan, no one would be required to pay more than 8.5 percent of their income toward health insurance premiums.But it includes several proposals that Congress has failed repeatedly to enact, including some that were part of the original debate over the ACA. Plus, Biden’s plan has some initiatives that are so expansive, it is hard to imagine them passing Congress — even if Democrats sweep the presidency and both houses of Congress in 2020.Here are some of the more controversial pieces of the Biden health plan:Public optionAlthough many of the Democratic presidential candidates have expressed varying degrees of support for a Medicare for All plan, nearly all have also endorsed creating a government-sponsored health plan, known colloquially as a “public option,” that would be available to people who buy their own health insurance. That eligible group would include anyone who doesn’t get insurance through their job or who doesn’t qualify for other government programs, like Medicare or Medicaid.A public option was included in the version of the ACA that passed the House in 2009. But its proponents could not muster the 60 votes needed to pass that option in the Senate over GOP objections — even though the Democrats had 60 votes at the time.Biden’s public option, however, would be available to many more people than the 20 million or so who are now in the individual insurance market. According to the document put out by the campaign, this public option also would be available to those who don’t like or can’t afford their employer insurance, and to small businesses.Most controversial, though, is that the 2.5 million people currently ineligible for either Medicaid or private insurance subsidies because their states have chosen not to expand Medicaid would be automatically enrolled in Biden’s public option, at no cost to them or the states where they live. Also included automatically in the public option would be another 2 million people with low incomes who currently are eligible for ACA coverage subsidies – and who would also be eligible for expanded Medicaid.That part of Biden’s proposal has prompted charges that the 14 states that have so far chosen not to expand Medicaid would save money, compared with those that have already expanded the program, because expansion states have to pay 10% of the cost of that new population.Jennings, the Democratic health strategist, argues that extra charge to states that previously expanded Medicaid would be unavoidable under Biden’s plan, because people with low incomes in states that haven’t expanded Medicaid need coverage most. “If you’re not going to have everyone get a plan right away, you need to make sure those who are most vulnerable do,” Jennings says.AbortionThe Biden plan calls for eliminating the “Hyde Amendment,” an annual rider to the spending bill for the Department of Health and Human Services that forbids the use of federal funds to pay for most abortions. Biden recently ran into some difficulty when his position on the Hyde ammendment was unclear.Beyond that, Biden’s plan also directly calls for the federal government to fund some abortions. “[T]he public option will cover contraception and a woman’s constitutional right to choose,” his plan says.In 2010, the Affordable Care Act very nearly failed to become law after an intraparty fight between Democrats who supported and opposed federal funding for abortions. Abortion opponents wanted firm guarantees in permanent law that no federal funds would ever be used for abortion; abortion-rights supporters called that a deal breaker. Eventually a shaky compromise was reached.And while it is true that there are now far fewer Democrats in Congress who oppose abortion than there were in 2010, the idea of even a Democratic-controlled Congress voting for federal abortion funding seems far-fetched. The current Democratic-led House has declined even to include a repeal of the Hyde Amendment in this year’s HHS spending bill, because it could not get through the GOP-controlled Senate or get signed by President Trump.Undocumented immigrantsWhen Obama said in a speech to Congress in September 2009 that people not in the U.S. legally would be ineligible for federal help with their purchase of health insurance under the ACA, it prompted the infamous “You lie!” shout from Rep. Joe Wilson, R-S.C..Today, all the Democratic candidates say they would provide coverage to undocumented residents. There is no mention of them specifically in the plan posted on Biden’s website, although a Biden campaign official told Politico this week that people in the U.S. who are undocumented would be able to purchase plans on the health insurance exchanges, but would not qualify for subsidies.Still, in his speech unveiling the plan at an AARP-sponsored candidate forum in Iowa, Biden did not address this issue of immigrants’ health care. He said only that his plan would expand funding for community health centers, which serve patients regardless of their ability to pay or their immigration status, and that people in the U.S. without legal authority would be able to obtain coverage in emergencies. That is already law.Copyright 2019 Kaiser Health News. To see more, visit Kaiser Health News.last_img read more

Alex Rodriguez Said That This Is the Best Advice His Mentor Warren

first_img 2 min read Next Article Add to Queue Bob Bryan Warren Buffett Learn how to successfully navigate family business dynamics and build businesses that excel. Alex Rodriguez, the former Major League Baseball All-star, said he owes a few debts to legendary investor Warren Buffett in a new Vanity Fair profile.According to a new piece on Rodriguez and Jennifer Lopez, the former player and current baseball broadcaster not only owes Buffett a bit of a financial thank you, but also a thank you for some life advice.Rodriguez and the man known as the “Oracle of Omaha” first met, according to Vanity Fair, when Buffett’s Berkshire Hathaway underwrote disability insurance for a 10-year, $252 million contract between the Texas Rangers and Rodriguez.The men struck up a friendship after Rodriguez sent the legendary investor a note thanking him for underwriting the deal. According to Vanity Fair, Buffett has been a “mentor” for Rodriguez and offered him both financial and personal advice.Buffett told Vanity Fair’s Bethany McLean that Rodriguez has a “money mind” and knows how to handle business “instinctively.””A-Rod would have done very well in business if he had never seen a baseball,” Buffett said.Rodriguez said that Buffett gave him a few pieces of advice that have stuck with him. On the business side, A-Rod said that Buffett taught him to never personally guarantee any debt and to never hold too much cash, but rather put “your money in great businesses.”On the personal side, Rodriguez said that the investor’s advice was even more simple.”Warren said, ‘Go ahead, but you won’t need it. Number one: Be the best baseball player you can be. Number two: Always be a gentleman. Be the best guy you can be’,” Rodriguez told Vanity Fair. “That was simple, but it was so genius.”Read the full profile at Vanity Fair. Image credit: Kent Sievers | Shutterstock.com Alex Rodriguez Said That This Is the Best Advice His ‘Mentor’ Warren Buffett Ever Gave Him According to a recent interview, the former player and current baseball broadcaster owes Buffett a bit of a thank you. –shares This story originally appeared on Business Insider November 1, 2017 Reporter Free Webinar | July 31: Secrets to Running a Successful Family Business Warren Buffett Register Now »last_img read more

Spain Can Now Tax Google For Linking to News

first_img Learn how to successfully navigate family business dynamics and build businesses that excel. Free Webinar | July 31: Secrets to Running a Successful Family Business Google Next Article July 29, 2014 Spain Can Now Tax Google For Linking to News Last week, Spain passed a law that taxes any site that links to articles published by members of Spain’s newspaper association with descriptions of their work.The law has been nicknamed the “Google Tax” because it specifically targets Google News, as well as other news aggregation systems. This sounds crazy: Google News, which lists major headlines on a given topic with a line from each piece, is great for publishers because it pushes tons of readers onto their websites. As Julio Alonso points out on Medium, this law follows the precedent of one passed in Germany. In that case, Google got out of having to pay taxes by de-listing all sites from Google News unless they officially waived their right to a fee. In Spain’s case, the law says it is an “inalienable right” that editors can tax any site that links to their articles, meaning that publishers can’t opt-out and Google can’t use the same strategy it used in Germany. At this point, it isn’t clear how much compensation Google and others would have to pay out per link, which publishers from Spain’s newspaper association would benefit from the tax, or how cases would be tried. Quartz reports that internet entrepreneurs are up-in-arms because they fear it will stifle innovation. Spanish Congress passed the law, called Canon AEDE, and it will next have to be passed by the Senate in September.Spanish newspapers have long argued that Google News takes unfair advantage of them. Google doesn’t make money off ads in Google News, but the search giant is still considered a competitor to local industries that should be treated with caution.If the law becomes official, Techdirt says Google may ax the Spanish version of Google News entirely. Add to Queue –shares 2 min read This story originally appeared on Business Insider Jillian D’Onfro Register Now »last_img read more

How 23andMe Caused a Divorce A Look at Unintended Consequences

first_img Opinions expressed by Entrepreneur contributors are their own. How 23andMe Caused a Divorce: A Look at Unintended Consequences Enroll Now for $5 Next Article 4 min read Learn from renowned serial entrepreneur David Meltzer how to find your frequency in order to stand out from your competitors and build a brand that is authentic, lasting and impactful. Carly Okyle Add to Queuecenter_img –shares Assistant Editor, Contributed Content Every company — startup, franchise, or conglomerate — has a mission. But while employees and executives do what they can to follow that objective and stay true to it, sometimes customers have different ideas.The latest example of that involves 23andMe, a company that provides materials for at-home genetic testing. It’s a fairly simple process: customers swab some cheek cells, mail them back and wait to hear the results. The service is intended to give people a more in-depth look at who they are and where they come from. Unfortunately, it can unintentionally expose the DNA of the skeletons in a person’s closet.Earlier this month, Vox published the story of an unnamed biologist who used 23andMe to provide an interesting teaching moment for his students. Thinking that his parents might enjoy learning more about what he does, the man bought kits for his parents and himself. After he checked a box saying he’d like to be notified of his closest genetic connections (of those who also took the 23andMe test and selected that option), he got word that he was a 22 percent genetic match with a man he’d never heard of. Statistically, sharing 25 percent of your genetic material with someone makes them your grandfather, your uncle or your half-sibling, so he asked his father about it. His father was sure the company had made a mistake.The facts were correct, however, proving that no mistake had been made. The biologist had a half-brother from his father’s pre-marital affair decades earlier. Unable to survive the shock of discovering an unknown lovechild, the scientist’s parents divorced and tensions remain high. “I’m really devastated at the outcome,” the man told the publication. “This is nothing I ever would have wished.”Related: This New Genetics Startup Wants to Make ‘100’ the New ‘60’This isn’t the first time 23andMe has caused trouble. Apparently, as was the case with Neil Schwartzman and Jolie Pearl, the service can also be used to find long-lost siblings given up for adoption. While the company used the story of the sibling reunion as a marketing campaign with a happy ending, Pearl admits that she feels conflicted about the unexpected rewrite of her family’s history. Moreover, the Food and Drug Administration has officially expressed written concern “about the public health consequences of inaccurate results,” although no study to date has reported “measurable harm” as a result of the direct-to-consumer genetic testing program.To be fair, 23andMe isn’t the only company to have its products or services used in a way other than its intended purpose. Facebook, for example, started as a way to keep in touch with friends (and maybe find out if the cute co-ed in your Psych 101 class was seeing anyone), but it has unintentionally helped create and promote the new phenomenon of FOMO — “fear of missing out.”Similarly, Airbnb, which was intended to make it easier for people to find places to stay, ended up almost making someone homeless. The peer-to-peer homeshare company was started in 2008 as a way to coordinate and transact rentals, gives vacationers a cheaper option than hotels for lodging. But what if the “vacationer” has no intention of leaving? What if an Airbnb user decides to make the homestay permanent, as happened to Corey Tschogl? When the renter wouldn’t leave her California condominium, Tschogl found out eviction would be harder than expected, now that the squatter had been there for over 30 days and had tenants’ rights according to state law. It turns out that “professional squatters” exist, and services like Airbnb help them to find unknowing targets. It’s not what the company intended, but it’s become something to be aware of.Related: The ‘FOMO Epidemic’ and Why It Matters to Millennial-Hungry BusinessesThen there’s Yelp, a website which allows people to rate and comment on their experience with businesses. Although it began as a way to allow business to get feedback from customers, it is  also being used by health authorities in New York City to track foodborne illnesses and find their epicenters, since many cases of food poisoning go unreported. Using Yelp helped successfully find three unreported outbreaks, which allowed officials to crack down on restaurants that violated proper practices of handling food, including improper refrigeration and unsanitary conditions. Chicago is implementing a similar investigation via Twitter.Perhaps when starting a business, it’s wise to remember the old adage of how the best laid plans can go awry.Related: Behind the Curtain of Yelp’s Powerful Reviews Fireside Chat | July 25: Three Surprising Ways to Build Your Brand September 22, 2014 Customerslast_img read more