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U.S. Senate passes landmark health care reform bill

Thursday, December 24, 2009

The United States Senate has approved a hard-fought measure to overhaul the health care system. The vote will be followed by the difficult process of reconciling the Senate-passed bill with one approved by the House of Representatives, in order to get a final measure to President Barack Obama.

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“The yeas are 60, the nays are 39. H.R. 3590 as amended, the Patient Protection and Affordable Care Act is passed,” Vice President Joe Biden announced. Senator Jim Bunning of Kentucky did not show up for the vote leading to the 39 nays. Mike Reynard, a spokesman for Bunning, said in an e-mail that “The senator had family commitments.”

The vice president presided over the Senate at the time of the vote in his role as President of the United States Senate.

As expected, Republicans voted against the bill while all Democrats and two Independents, Joe Lieberman of Connecticut and Bernie Sanders of Vermont, voted for it.

At an estimated $87 billion, the measure would expand health insurance coverage to about 30 million more Americans currently without it, and create new private insurance marketplaces, or exchanges, to expand choice.

And, like the slightly more expensive measure passed by the House of Representatives, the Affordable Health Care for America Act, it would end a practice by private insurance companies of denying coverage to individuals with existing health problems.

Both the Senate and House measures would require nearly all Americans to purchase some form of insurance, while lower-income Americans would receive help from federal government subsidies.

This is a victory because we have affirmed that the ability to live a healthy life in our great country is a right and not merely a privilege for the select few.

In remarks before the vote, Senate Majority Leader Harry Reid, Democrat from Nevada, said opponents had done everything they could to prevent the vote from taking place.

Speaking to reporters, Reid and others hailed the vote as a victory and a major step toward providing millions more Americans with access to health care. “This is a victory because we have affirmed that the ability to live a healthy life in our great country is a right and not merely a privilege for the select few,” Reid said.

Reid and others including Robert Byrd, the 92-year-old Democrat from West Virginia, paid tribute to Senator Edward Kennedy, who died this past August after spending decades of his career in the Senate pursuing health care reform.

When casting his vote Byrd said, “Mr. President, this is for my friend Ted Kennedy. Aye.”

Victoria Reggie Kennedy, the widow of Senator Kennedy, watched the proceedings from the Senate visitor’s gallery, as did Representative John Dingell, Democrat from Michigan, who has been a long time advocate of health care reform and who sponsored and introduced the House version of the health care reform bill.

In the final hours of debate on the Senate bill, Republicans asserted it would be ineffective and add sharply to the U.S. budget deficit.

Mr. President, this is for my friend Ted Kennedy. Aye.

Senator Jeff Sessions, Republican from Alabama said of the bill, “This legislation may have a great vision, it may have a great idea about trying to make the system work better. But it does not. These are huge costs [and] it’s not financially sound.”

Senate Minority Leader Mitch McConnell vowed to defeat the bill when the Senate reconvenes in January saying, “This fight is not over. This fight is long from over. My colleagues and I will work to stop this bill from becoming law.”

Senator Olympia Snowe, a moderate Republican from Maine who helped approved the Senate Finance Committee’s version of health care reform, the America’s Healthy Future Act, earlier in the year and who remarked she may not vote on the final bill, said, “I was extremely disappointed,” noting that when the Democrats reached their needed 60 votes to overcome a filibuster, “there was zero opportunity to amend the bill or modify it, and Democrats had no incentive to reach across the aisle.”

Ahead are difficult negotiations with the House of Representatives to craft a final bill President Obama would sign into law. These talks, which will formally get under way early in the new year, will take place amid anger among many liberal House Democrats the Senate bill failed to contain a government-run public health insurance option.

This fight is not over. This fight is long from over. My colleagues and I will work to stop this bill from becoming law.

Members of the House Progressive Caucus have vowed to fight to keep this public option in any final legislation that emerges, along with other provisions they say are needed to protect lower and middle-income Americans and hold insurance companies accountable.

In a statement, the Democratic chairmen of three key House committees said while there are clear differences between House and Senate bills, both will bring fundamental health care coverage to millions who are currently uninsured.

Obama administration officials have been quoted as saying they anticipate negotiations on a final bill would not be complete until after the President’s State of the Union Address in January, and could slip even later into the new year.

If passed, this will be the most important piece of social policy since the Social Security Act in the 1930s, and the most important reform of our health care system since Medicare passed in the 1960s.

President Obama issued a statement to the press in the State Dining Room in the White House saying that the vote is “legislation that brings us toward the end of a nearly century-long struggle to reform America’s health care system.”

He also pointed out the bill’s strengths, noting, “The reform bill that passed the Senate this morning, like the House bill, includes the toughest measures ever taken to hold the insurance industry accountable. Insurance companies will no longer be able to deny you coverage on the basis of a preexisting condition. They will no longer be able to drop your coverage when you get sick. No longer will you have to pay unlimited amounts out of your own pocket for the treatments you need. And you’ll be able to appeal unfair decisions by insurance companies to an independent party.”

He also noted how historic the bill is, saying, “If passed, this will be the most important piece of social policy since the Social Security Act in the 1930s, and the most important reform of our health care system since Medicare passed in the 1960s.”

Obama noted the potential social impact, saying, “It’s the impact reform will have on Americans who no longer have to go without a checkup or prescriptions that they need because they can’t afford them; on families who no longer have to worry that a single illness will send them into financial ruin; and on businesses that will no longer face exorbitant insurance rates that hamper their competitiveness.”

Obama afterwards made phone calls to various Senators and other people, including Victoria Kennedy and David Turner of Little Rock, Arkansas. Mr. Turner had his health insurance rescinded in January of last year, after his insurance company went back into his record and alleged that he failed to disclose his full medical record at the time he applied for coverage. Turner was First Lady Michelle Obama’s guest during her husband’s speech to a joint session of Congress on health care reform back in September.

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The Importance Of Healthy Dog Treats

It wasnt so many years ago when dog treats consisted more or less solely of milk bones, fatty biscuits, and table scraps. Not many options, and virtually none that were healthy. Well, times have definitely changed! Nowadays, savvy pet owners choose dog treats that include greenies, healthy biscuits, and gourmet bones.Not only are there more options for now, the quality has improved significantly in recent years as well. And with the Internet boom, finding the best biscuits and bones for your puppy is as easy and tapping a few keystrokes. Its important to note that many pet owners are now advocates of healthier dog treats for monetary reasons as well. They realize that, while they tend to cost more, healthy treats and food actually save money in the long run. A healthier diet over a lifetime results in less disease and illness in senior dogs, which means a smaller vet bill.Its never too early to start feeding healthy dog treats. Puppy training often includes using a treat to reward good behavior. In one session alone, you might give your little trainee 6-10 rewards, maybe even more. Make them healthy biscuits, cookies, or bones, and youll be giving your pet a nutritious foundation for a better life.Experiment with several different kinds of dog treats and youll quickly learn which are your puppys favorites. Unlike humans when we diet, dogs seem to enjoy the healthier biscuits and bones every bit as much as the bad ones. If only we were so lucky!

ESA’s Smart-1 takes its first close-up images of the Moon

Wednesday, January 26, 2005The European Space Agency’s (ESA) lunar probe SMART-1 has taken its first images from a low orbit around the moon, returning images of great detail. SMART-1 caps a streak of major planetary missions by the ESA in the past year.

Two features of SMART-1 have brought particular attention to the project: the ion drive and a sophisticated navigational software.

The probe features a low-thrust, long-duration ion drive, where ionised particles are accelerated by electromagnets and ejected from the motor of the probe to provide propulsion. The energy for this is supplied by solar panels, potentially allowing months of thrusting.

The probe arrived in lunar orbit on November 15, 2004. The ion drive has been firing for much of the time since, leading the probe to orbit ever closer to the lunar surface.

The coupling of the camera and the navigational system will allow more precise mapping of the moon’s features than ever before. Using very precise positioning, the system will be able to measure the angles of shadows to such a degree that researchers will be able to build a very accurate topographical map of the moon’s surface features.

The series of images were taken at an altitude of 5,000 to 1,000 km above the Moon to test the onboard camera. On February 9, the ion drive will be turned on once more to drop the probe to a height of 3,000 to 300 km above the surface. From then on, it will begin the bulk of its scientific investigations.

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Iran demands that IAEA end surveillance of its nuclear program

Tuesday, February 7, 2006

Shortly after ending its cooperation with the International Atomic Energy Agency (IAEA), the government of Iran has now ordered the IAEA to discontinue some of its surveillance of Iran’s nuclear facilities. Tehran has also asked the agency to remove any and all signage from their nuclear sites by the end of next week.

This is in response to the Saturday resolution by the IAEA to report Iran to the United Nations Security Council, which was made without waiting for the director of the IAEA, Mohamed ElBaradei, chairman of the IAEA, to finish preparing a report on Iran’s civilian (and allegedly military) nuclear programs for the regular IAEA meeting scheduled for March 6. ElBaradei had given Iran until March to answer IAEA questions. By a vote of 27 to three (with five abstentions), and without the information in ElBaradei’s report planned for March 2006, the IAEA recommended that the matter of the Iranian nuclear program be brought before the Security Council.

The recommendation claims that there are serious concerns about Iranian nuclear aims, and the agency does not have confidence that the program is intended solely for civilian or other non-military use. Although the meeting was taken without waiting for ElBaradei’s March report, the recommendation requests ElBaradei to make his report anyway, including a list of “steps Iran needs to take to dispel suspicions about its nuclear ambitions” by March 6.

The IAEA’s resolution calls for Iran to reinstate a freeze on its nuclear programs, consider ending construction of a plutonium-producing heavy water reactor, and to continue allowing the IAEA’s purposes and actions in Iran. However, the council will not implement any further action until ElBaradei makes his full report on March 6.

ElBaradei also reported to the IAEA Monday that Iran would also demand a reduction in the amount of facilities inspections from the agency, and that they would discontinue their agreement to the Additional Protocol of the Nuclear Non-Proliferation Treaty (NPT) if the agency reported Iran to the Security Council. This protocol entitles the IAEA to hold unannounced inspections of facilities, increased surveillance capability, and placing IAEA seals on nuclear equipment.

Other diplomatic ventures are being planned. On February 16, Iranian officials will meet with the Russian government in Moscow to discuss the possibility of Russia enriching uranium for export to Iran in exchange for a halting of its nuclear enrichment program. And Wang Guangya, China’s ambassador to the UN, said Monday that “Even with the adoption of this IAEA resolution, it is the belief of most of the members there that a diplomatic solution is the way out within the framework of the IAEA.”

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RuPaul speaks about society and the state of drag as performance art

Saturday, October 6, 2007

Few artists ever penetrate the subconscious level of American culture the way RuPaul Andre Charles did with the 1993 album Supermodel of the World. It was groundbreaking not only because in the midst of the Grunge phenomenon did Charles have a dance hit on MTV, but because he did it as RuPaul, formerly known as Starbooty, a supermodel drag queen with a message: love everyone. A duet with Elton John, an endorsement deal with MAC cosmetics, an eponymous talk show on VH-1 and roles in film propelled RuPaul into the new millennium.

In July, RuPaul’s movie Starrbooty began playing at film festivals and it is set to be released on DVD October 31st. Wikinews reporter David Shankbone recently spoke with RuPaul by telephone in Los Angeles, where she is to appear on stage for DIVAS Simply Singing!, a benefit for HIV-AIDS.


DS: How are you doing?

RP: Everything is great. I just settled into my new hotel room in downtown Los Angeles. I have never stayed downtown, so I wanted to try it out. L.A. is one of those traditional big cities where nobody goes downtown, but they are trying to change that.

DS: How do you like Los Angeles?

RP: I love L.A. I’m from San Diego, and I lived here for six years. It took me four years to fall in love with it and then those last two years I had fallen head over heels in love with it. Where are you from?

DS: Me? I’m from all over. I have lived in 17 cities, six states and three countries.

RP: Where were you when you were 15?

DS: Georgia, in a small town at the bottom of Fulton County called Palmetto.

RP: When I was in Georgia I went to South Fulton Technical School. The last high school I ever went to was…actually, I don’t remember the name of it.

DS: Do you miss Atlanta?

RP: I miss the Atlanta that I lived in. That Atlanta is long gone. It’s like a childhood friend who underwent head to toe plastic surgery and who I don’t recognize anymore. It’s not that I don’t like it; I do like it. It’s just not the Atlanta that I grew up with. It looks different because it went through that boomtown phase and so it has been transient. What made Georgia Georgia to me is gone. The last time I stayed in a hotel there my room was overlooking a construction site, and I realized the building that was torn down was a building that I had seen get built. And it had been torn down to build a new building. It was something you don’t expect to see in your lifetime.

DS: What did that signify to you?

RP: What it showed me is that the mentality in Atlanta is that much of their history means nothing. For so many years they did a good job preserving. Don’t get me wrong, I’m not a preservationist. It’s just an interesting observation.

DS: In 2004 when you released your third album, Red Hot, it received a good deal of play in the clubs and on dance radio, but very little press coverage. On your blog you discussed how you felt betrayed by the entertainment industry and, in particular, the gay press. What happened?

RP: Well, betrayed might be the wrong word. ‘Betrayed’ alludes to an idea that there was some kind of a promise made to me, and there never was. More so, I was disappointed. I don’t feel like it was a betrayal. Nobody promises anything in show business and you understand that from day one.
But, I don’t know what happened. It seemed I couldn’t get press on my album unless I was willing to play into the role that the mainstream press has assigned to gay people, which is as servants of straight ideals.

DS: Do you mean as court jesters?

RP: Not court jesters, because that also plays into that mentality. We as humans find it easy to categorize people so that we know how to feel comfortable with them; so that we don’t feel threatened. If someone falls outside of that categorization, we feel threatened and we search our psyche to put them into a category that we feel comfortable with. The mainstream media and the gay press find it hard to accept me as…just…

DS: Everything you are?

RP: Everything that I am.

DS: It seems like years ago, and my recollection might be fuzzy, but it seems like I read a mainstream media piece that talked about how you wanted to break out of the RuPaul ‘character’ and be seen as more than just RuPaul.

RP: Well, RuPaul is my real name and that’s who I am and who I have always been. There’s the product RuPaul that I have sold in business. Does the product feel like it’s been put into a box? Could you be more clear? It’s a hard question to answer.

DS: That you wanted to be seen as more than just RuPaul the drag queen, but also for the man and versatile artist that you are.

RP: That’s not on target. What other people think of me is not my business. What I do is what I do. How people see me doesn’t change what I decide to do. I don’t choose projects so people don’t see me as one thing or another. I choose projects that excite me. I think the problem is that people refuse to understand what drag is outside of their own belief system. A friend of mine recently did the Oprah show about transgendered youth. It was obvious that we, as a culture, have a hard time trying to understand the difference between a drag queen, transsexual, and a transgender, yet we find it very easy to know the difference between the American baseball league and the National baseball league, when they are both so similar. We’ll learn the difference to that. One of my hobbies is to research and go underneath ideas to discover why certain ones stay in place while others do not. Like Adam and Eve, which is a flimsy fairytale story, yet it is something that people believe; what, exactly, keeps it in place?

DS: What keeps people from knowing the difference between what is real and important, and what is not?

RP: Our belief systems. If you are a Christian then your belief system doesn’t allow for transgender or any of those things, and you then are going to have a vested interest in not understanding that. Why? Because if one peg in your belief system doesn’t work or doesn’t fit, the whole thing will crumble. So some people won’t understand the difference between a transvestite and transsexual. They will not understand that no matter how hard you force them to because it will mean deconstructing their whole belief system. If they understand Adam and Eve is a parable or fairytale, they then have to rethink their entire belief system.
As to me being seen as whatever, I was more likely commenting on the phenomenon of our culture. I am creative, and I am all of those things you mention, and doing one thing out there and people seeing it, it doesn’t matter if people know all that about me or not.

DS: Recently I interviewed Natasha Khan of the band Bat for Lashes, and she is considered by many to be one of the real up-and-coming artists in music today. Her band was up for the Mercury Prize in England. When I asked her where she drew inspiration from, she mentioned what really got her recently was the 1960’s and 70’s psychedelic drag queen performance art, such as seen in Jack Smith and the Destruction of Atlantis, The Cockettes and Paris Is Burning. What do you think when you hear an artist in her twenties looking to that era of drag performance art for inspiration?

RP: The first thing I think of when I hear that is that young kids are always looking for the ‘rock and roll’ answer to give. It’s very clever to give that answer. She’s asked that a lot: “Where do you get your inspiration?” And what she gave you is the best sound bite she could; it’s a really a good sound bite. I don’t know about Jack Smith and the Destruction of Atlantis, but I know about The Cockettes and Paris Is Burning. What I think about when I hear that is there are all these art school kids and when they get an understanding of how the press works, and how your sound bite will affect the interview, they go for the best.

DS: You think her answer was contrived?

RP: I think all answers are really contrived. Everything is contrived; the whole world is an illusion. Coming up and seeing kids dressed in Goth or hip hop clothes, when you go beneath all that, you have to ask: what is that really? You understand they are affected, pretentious. There’s nothing wrong with that, but it’s how we see things. I love Paris Is Burning.

DS: Has the Iraq War affected you at all?

RP: Absolutely. It’s not good, I don’t like it, and it makes me want to enjoy this moment a lot more and be very appreciative. Like when I’m on a hike in a canyon and it smells good and there aren’t bombs dropping.

DS: Do you think there is a lot of apathy in the culture?

RP: There’s apathy, and there’s a lot of anti-depressants and that probably lends a big contribution to the apathy. We have iPods and GPS systems and all these things to distract us.

DS: Do you ever work the current political culture into your art?

RP: No, I don’t. Every time I bat my eyelashes it’s a political statement. The drag I come from has always been a critique of our society, so the act is defiant in and of itself in a patriarchal society such as ours. It’s an act of treason.

DS: What do you think of young performance artists working in drag today?

RP: I don’t know of any. I don’t know of any. Because the gay culture is obsessed with everything straight and femininity has been under attack for so many years, there aren’t any up and coming drag artists. Gay culture isn’t paying attention to it, and straight people don’t either. There aren’t any drag clubs to go to in New York. I see more drag clubs in Los Angeles than in New York, which is so odd because L.A. has never been about club culture.

DS: Michael Musto told me something that was opposite of what you said. He said he felt that the younger gays, the ones who are up-and-coming, are over the body fascism and more willing to embrace their feminine sides.

RP: I think they are redefining what femininity is, but I still think there is a lot of negativity associated with true femininity. Do boys wear eyeliner and dress in skinny jeans now? Yes, they do. But it’s still a heavily patriarchal culture and you never see two men in Star magazine, or the Queer Eye guys at a premiere, the way you see Ellen and her girlfriend—where they are all, ‘Oh, look how cute’—without a negative connotation to it. There is a definite prejudice towards men who use femininity as part of their palette; their emotional palette, their physical palette. Is that changing? It’s changing in ways that don’t advance the cause of femininity. I’m not talking frilly-laced pink things or Hello Kitty stuff. I’m talking about goddess energy, intuition and feelings. That is still under attack, and it has gotten worse. That’s why you wouldn’t get someone covering the RuPaul album, or why they say people aren’t tuning into the Katie Couric show. Sure, they can say ‘Oh, RuPaul’s album sucks’ and ‘Katie Couric is awful’; but that’s not really true. It’s about what our culture finds important, and what’s important are things that support patriarchal power. The only feminine thing supported in this struggle is Pamela Anderson and Jessica Simpson, things that support our patriarchal culture.
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Get A Free Car 7 Jobs That Provide Cars

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By Gray Rollins

Being provided with a company car is a great ‘perk’ of employment, and depending on which position an individual holds, can be utilized either on a part-time or full-time basis. Some of the jobs that offer a company car include the following:

1. Many upper-management, specifically, executive management positions, include the use of a company car, particularly those directly working for an automotive manufacturer or closely related to the industry. In these instances, it’s the perfect way to increase their advertising as more of their cars are seen on the road. Another reason that is that, just as in some communities ‘keeping up with the Jones’ is a means of determining resident status in the neighborhood, members of the upper-Escalon of corporations are provided with company vehicles because they also need to ‘keep up appearances’. A newer or luxury car represents success and in business, that’s very important, especially in regard to their competitors.

2. Jobs that require an employee to travel frequently often times provide the use of a company car. Corporations realize that it’s not entirely fair to expect an employee who has to travel on regular basis, such as in the case of a sales or marketing position, to have to utilize their own vehicle. The company acknowledges the fact that these types of employees are required to travel frequently as part of their job and shouldn’t have to bear the expense of maintenance and or fuel costs, in addition to wear on their personal vehicle, so they provide the individual with the use of a ‘company’ car.

[youtube]http://www.youtube.com/watch?v=8MPLDlNIAcs[/youtube]

3. Car dealerships usually provide their salesmen with the use of a company car. Along the same lines of an auto-industry executive, this is an excellent way for the dealership to advertise their vehicles and hopefully attract new customers. Additionally, if a salesperson is driving and is happy with the performance of the particular car they’ve been given to utilize, they’ll have an advantage and the added benefit of first-hand knowledge about the vehicle when it comes time to make a sale.

4. Messengers and the sometimes affectionately referred to ‘gophers’ in a business environment are usually given use of a company vehicle, though mainly only during work-hours. These employees have to deliver and pick packages and drop off projects at printing, customer and other facilities in addition to any other off-site tasks the company requests of them such as running out for office supplies, food, etc.

5. A personal assistant who works directly for one individual whether in an office or private environment will be given the use of a company car because these types of positions require extensive traveling time on behalf of the employer’s personal, as well as business, needs.

6. Federal and other-high ranking officials in the securities field are often times provided with a company vehicle because many of their duties require traveling to other counties, towns and even states.

7. Some miscellaneous service and labor positions such as construction, landscaping, plumbing companies, etc. give their employees the use of a company vehicle because there is usually a need to get a very early start, respond to emergency calls and also in lieu of the need to travel extensively to different locals on a regular basis as part of the business’ services.

Keep in mind that if you are applying for a position that requires travel, whether frequent or infrequent, you can always try to negotiate for a company car during the interview process.

About the Author: Gray Rollins is a featured writer for PaidToDriveReview.com – If you’re looking to get paid to drive, then this is the site you want to visit. Also, learn how you can save money on gas.

Source: isnare.com

Permanent Link: isnare.com/?aid=164313&ca=Automotive

Harvard University officials update Agassiz Neighborhood Council about local construction in Cambridge, Massachusetts

Thursday, April 28, 2005

Cambridge, Massachusetts —Harvard University planners met with the Agassiz Neighborhood Council to update the community about Harvard’s construction and expansion plans in the neighborhood on April 26, the Harvard Crimson reported today. The two major topics discussed were the Northwest Science Building, which is currently under construction on Oxford Street, and the expansion of the Harvard Law School. According to the Crimson, Harvard officials outnumbered the number of community members present at the meeting.

The plans for law school expansion are still unfinished, the Crimson reported. The director of community relations at Harvard, Thomas Lucey, said that Wyeth Hall may be demolished. According to the Law School website, Wyeth Hall is “the most popular dormitory at Harvard Law School”. It is adjacent to the Berkman Center for Internet and Society on Massachusetts Avenue, just south of Three Aces pizzeria.

The Crimson also noted that Tom Murray, the project manager for the Northwest Science Building, was slated for completion by May of 2007, with landscaping completed the following spring.

A visit to the science building site by Wikinews reporter Pingswept last week verified that the pouring of cement had begun. Four large cranes had been brought to the site; one of them was being used with a clamshell attachment twice the height of a grown man to dig a deep trench. The truck “wheel wash” station marked on the site plan was operational, in the form of a man with a pressure washer, though in this reporter’s brief observations, more windshields were washed than dirty tires.

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U.S. TV networks look to past for future programming

Tuesday, March 22, 2005

Los Angeles, California — Four of six national television broadcast networks recently wooed potential advertisers for the 2005-2006 season with programming offerings in the new development phase. These included NBC, Fox, ABC and The WB. Two other networks, CBS and UPN, plan to preview their offerings March 24.

After four years of focusing on high-profile reality television, network executives are turning to the past for inspiration on scripted series. Some networks said they are “more consciously aggressive about developing shows” that recall such classics as Taxi and Barney Miller, Craig Erwich, a programming executive for Fox, told USA Today. In the same report, Kevin Reilly, NBC entertainment chief said, “I don’t think the answer has to be that it’s groundbreaking or something you’ve never seen before.”

But at least one ad buyer had reservations about the rear-view mirror technique. “Every network seems to be looking back rather than forward for programming ideas. The reminiscence factor may be good if you are looking for an older audience, but it may not be a way to bring in the younger audiences,” Laura Caraccioli-Davis, senior vice president and director of Starcom Entertainment told Mediaweek magazine.

  THE CONTENDERS: New series touted for possible inclusion in the 2005-2006 season
Network Development
ABC
Emily’s Reasons Why Not
(Sitcom) – an unmotivated teacher in a class of Type-A students.
Life
(Drama) – a group of young 20-somethings in Chicago facing life on their own.
Soccer Moms
(Drama) – two suburban mothers become private investigators.
Fox
Briar & Graves
(Drama) – a horror series in the vein of X-Files.
Hitched
(Comedy drama) – a brother and sister run a Las Vegas wedding chapel.
Kitchen Confidential
(Sitcom) – antics in an upscale New York restaurant.
The Loop
(Comedy) – the travails of a young Chicago executive.
New Car Smell
(Comedy) – a Brooke Shields star vehicle in a Las Vegas car dealership
Queen B
(Sitcom) – Alicia Silverstone as a trendsetting columnist.
Reunion
(Drama) – shows the lives of a group of friends over 20 years with each episode chronicling one year.
NBC
All In
(Sitcom) – Janeane Garofalo as a single mom and professional poker player in Las Vegas.
Dante
(Sitcom) – sports themed revolving around an NFL star.
Hot Property
(Sitcom) – the competitive world of the real estate agent.
Lies and the Wives We Tell Them
(Sitcom) – politically incorrect family comedy.
Notorious
(Sitcom) – Tori Spelling stars in a mockumentary of her life.
WB
Nobody’s Watching
(Sitcom) – two normal guys win a reality show where their lives become a sitcom.
Pepper Dennis
(Drama) – Rebecca Romijn as a modern Mary Richards-type journalist in Chicago.
Sisters
(Drama) – four sisters coping with life in the city.
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Ontario Votes 2007: Interview with Freedom Party candidate David McGruer, Ottawa-Orleans

Tuesday, October 2, 2007

David McGruer is running for the Freedom Party of Ontario in the Ontario provincial election, in the Ottawa-Orleans riding. Wikinews’ Nick Moreau interviewed him regarding his values, his experience, and his campaign.

Stay tuned for further interviews; every candidate from every party is eligible, and will be contacted. Expect interviews from Liberals, Progressive Conservatives, New Democratic Party members, Ontario Greens, as well as members from the Family Coalition, Freedom, Communist, Libertarian, and Confederation of Regions parties, as well as independents.

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Series7 Free Pdf Demo}

Submitted by: Richard Mills

Question: 1

Which of the following preferred issues is likely to fluctuate most in value?

A. cumulative preferred

B. callable preferred

C. convertible preferred

D. broker preferred

Answer: C

Explanation:

Convertible preferred. Because of the conversion feature, convertibles are more closely linked to the price of the common stock. In addition, since the dividend rate on convertible preferred is usually lower than other preferred issues, the convertibles are more sensitive to interest rate fluctuations.

Question: 2

Which of the following rights does an ADR holder not have?

A. preemptive rights

B. the right to vote for your mother-in-law as a board membe

C. the right to transfer ownership

D. the right to see financial statements

Answer: A

Explanation:

preemptive rights. Holders of ADRs do not have preemptive rights, although they have most other rights of shareholders, including the right to vote for board members-even a mother-in-law

Question: 3

A corporation makes a rights offering to raise $10 million of new capital by issuing one million shares of common stock. If it already has six million shares outstanding at the time of the offering.

How many rights will the corporation distribute to its shareholders?

A. one million

B. six million

C. ten million

D. sixteen million

Answer: B

Explanation:

six million. One right for each outstanding share is distributed.

Question: 4

A corporation makes a rights offering to raise $10 million of new capital by issuing one million shares of common stock. If it already has six million shares outstanding at the time of the offering.

What is the subscription price per share?

A. $4

B. $6

C. $7

D. $10

Answer: D

Explanation:

$10. There are one million shares divided into the $10 million of new capital.

Question: 5

A corporation makes a rights offering to raise $10 million of new capital by issuing one million shares of common stock. If it already has six million shares outstanding at the time of the offering.

What subscription ratio is the corporation establishing for each new share?

A. 6 rights per share

B. 10 rights per share

C. 6 million rights per share

D. 10 million rights per share

Answer: A

Explanation:

6 rights per share. Each share receives a right and there are six million shares receiving rights to one million new shares. So six rights are required for one share.

Question: 6

Bubba owns stock with cumulative voting rights. There are five vacancies on a board and he owns 100 shares of stock. Bubba is entitled to cast the following votes:

A. a total of 100 votes

B. a total of 100 votes pe

C. a total of 500 votes

D. you are not allowed to vote

Answer: C

Explanation:

500 votes. Under cumulative voting, the number of directors is multiplied by the number of shares owned. The votes may be cast all for a single director or divided in any manner among the directors.

Question: 7

The definition of debentures is:

A. a loan secured by real estate

B. collateralized securities

C. a worthless security

D. securities backed by the general credit of the issuers but no specific collateral

Answer: D

Explanation:

securities backed by the general credit of the issuers but no specific collateral. And in the case of some issuers, that may be fairly worthless.

Question: 8

Convertible bonds have all of the following features except:

A. an ability to protect a short position on the stock into which they are convertible

B. permissibility for use as collateral

C. a normally higher yield than non-convertible bonds of the same issue

D. fluctuations influenced by changes in the price of the underlying common stock

Answer: C

Explanation:

a normally higher yield than non-convertible bonds of the same issuer. Remember that the question says except for this feature. Convertible bonds normally do NOT have a higher yield than non-convertible bonds of the same issuer. Convertibles usually have a lower yield than non -convertible sisters.

Question: 9

Although a corporation has no earnings in a particular year, it is obligated to pay interest on all its outstanding debt except the following:

A. convertible subordinated debentures

B. collateral trust bonds

C. adjustment bonds

D. equipment trust certificates

Answer: C

Explanation:

adjustment bonds. These bonds are also known as income bonds. Interest is paid only if there is income.

Question: 10

Interest rates rise from 5.10% to 5.30%. For a prospective buyer of five $1,000 bonds, what is the increase in interest payments as a result of the rise?

A. $20

B. $100

C. $2

D. $10

Answer: D

Explanation:

$10. Interest rates increased by 20 basis points. One basis point is 10 cents. So 20 basis points is $2. Butsince there are five bonds, that $2 x 5 = $10.

Question: 11

Common stocks for which of the following industries are most likely to decline in value when interest rates rise?

A. automobile manufacturers

B. airlines

C. stock brokers

D. public utility companies

Answer: D

Explanation:

public utility companies. Interest rates most affect the companies with the greatest amount of debt. Public utility companies are highly leveraged. Hence, they most likely incur the largest effect of rising interest rates.

Question: 12

Convertible preferred stock has all of the following characteristics except:

A. a lower dividend rate than non-convertible preferred

B. a dilution of earnings if converted into common stock

C. a requirement for shareholders to always accept the call price when called

D. required dividend payments to shareholders before any dividends are paid to holders of common stock

Answer: C

Explanation:

a requirement for shareholders to always accept the call price when called. All of the other statements are true except this one. Convertible preferred shareholders have a n opportunity to convert to common stock. There is no forced call price.

Question: 13

Bubba buys a 5% bond that matures in 15 years with a 5.10 basis. How much did he pay for the bond?

A. 5.00

B. 98.96

C. 100.00

D. 105.10

Answer: B

Explanation:

98.96. A calculator is not required for this. Even Bubba knows the bond is obviously trading at a slight discount by yielding 5.10% instead of the coupon rate of 5%. If the yield was the same as the coupon rate, the price is 100.00.

Question: 14

Bonds are most often quoted as a percentage of:

A. face value

B. book value

C. market value

D. whatever value the broker says

Answer: A

Explanation:

face value. The price is 100.00 if the yield is the same as the coupon rate. A price of less than 100.00 means the yield is higher than the coupon rate. A price of more than 100.00 means the yield is lower than the coupon rate. The prices are a percentage of 100.00. However, treasury bonds and municipal bonds are not quoted in this way.

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