Euro reaches new lows

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Euro reaches new lows

Friday, July 15, 2011

On Tuesday, the Euro fell to a new record low in relation to the Swiss Franc, and to multi-month lows against the U.S. Dollar and Japanese yen; all considered by investors to be safe currencies during times of economic turmoil.

The Wall Street Journal reported earlier that recent comments from the newly installed head of the International Monetary Fund, France’s Christine Lagarde, resulted in a sell-off of the Euro. At a roundtable discussion in Washington, Lagarde noted that the IMF had not yet reached discussion of terms and conditions of a second Greek bailout plan. In fact, a representative from the IMF is currently meeting with Eurozone policymakers to draft such a new proposal. The yield differential between Italian bonds and German bonds has spread to more than 300 basis points, something not seen in over a decade and evidence of investors’ concern.

Adding to the Euro’s woes is the upcoming release of the bank stress tests on Friday. The European Bankers Association said that they expect the data release to shed new light on the Eurozone’s banking situation. Representatives of several of the Eurozone’s governments, including Germany, have requested that the association consider releasing fewer specific details for fear that investor panic will ensue. The inadequacy of the capitalization rates has been an issue with the European Central Bank, whose president recently called upon Eurozone banks to make every effort to put their balance sheets in order.

For the time being at least, an unsubstantiated rumor reported by the Wall Street Journal states that the Eurozone’s central banks’ purchase of periphery debt has helped to quell the downward momentum of the Euro.

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

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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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Living Room Furniture And All Things Considered

Submitted by: Richard H.

Decorating your house to give it that “home” feel can be an exhausting and daunting proposition, especially when it comes to the living room area. But finding the right furniture for your home is getting a little easier these days. There is plenty of modern and traditional living room furniture on the market right now that can help alleviate the arduous task of finding just the right one. Whether you re looking for furniture or any home d cor for that matter, finding the right piece of furniture can be as easy as searching online. Before the days of the internet, we sifted through newspaper ads to find decent furniture. However, in age of instant information in the palm of our hands, and especially with the growing list of brand name products, the task of searching for furniture is no longer as much of a problem as it is deciding which one to buy.

The conventional and often formulaic purpose of the living room area of a home serves as the one significant area for the comfort of family, friends, and guests. However, as ideals change and shaped by time, conformity can become less rigid and more defined when the conventional clashes with the modern to forge a new kind of perception on the old. And furniture is no exception to the changes in design and functionality when decorating the living room. What to consider about the variations of furniture for the living room area is a balancing act between economy and personal taste.

[youtube]http://www.youtube.com/watch?v=66PXaQw8xo4[/youtube]

Knowing the surrounding area where your living room furniture will be placed is an essential first step to consider. Before deciding anything else, knowing the exact dimensions of the area your living room furniture will occupy. Figure out how much space you want left around your living room area for accessibility and comfort and to get an idea of the size and shape of the furniture required. The size and shape of the room itself should also affect your choice of console or coffee tables whether you feel a rectangular or circular table would be more fitting. Attributed to the issue of space-efficiency around the living room furniture (and depending on the room size as well) is the number of people in the household and the prospect of entertaining guests to keep in mind if you require extensions for the living room. While the decor of the room would be up to you, knowledge of how much space you need surrounding the furniture ought to be the first priority.

So with some calculations in mind, you can begin your search for the look you want. Styles in living room furniture range from formal and traditional to casual and contemporary so you may want to consider your overall home decor. Whether it’s a sleek and modern platform bed in your bedroom or the supplementary glass top coffee table, make sure you match accordingly. Choosing the right furniture style is like giving your home an identity that reflects your own.

Furniture, like many goods of the long term variety, is something people do not hastily decide to purchase on a whim. It takes delicate time and commitment to find furnishing that adorns your home for the foreseeable future. You will want your furniture of choice to last you a long while. As you about your house and use your furniture every day, home furnishings are constant reminders of your own personal style and aesthetics.

About the Author: Eco-Furniture.com is an online retailer of diverse selections of environmentally friendly modern and traditional furniture, including

platform bed

sets, dining room sets, and

living room furniture

.

Source:

isnare.com

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isnare.com/?aid=345052&ca=Home+Management

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Glasgow cannabis enthusiasts celebrate ‘green’ on city green

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Glasgow cannabis enthusiasts celebrate ‘green’ on city green

Tuesday, April 22, 2014

Coinciding with Easter Sunday, Glasgow Cannabis Social Club’s annual 420 event was held on Glasgow Green, under sunny blue skies, and overlooking the river Clyde. Despite the city’s council attempting to revoke permission for the gathering at the last minute, police were happy for it to go-ahead with approximately a dozen officers attending in high-visibility vests.

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The Daily Record reported five arrests were made for minor offences, likely smoking and possession of small quantities of cannabis. Taking a less-sensational — and more accurate — line of reporting, the Monday edition of Glasgow’s Evening News stated five were referred to the Procurator Fiscal who is responsible for deciding if charges should be brought.

Official figures provided by the police were that 150 attended. With people coming and going, Wikinews reporters estimated upwards of 200 attended, compared to nearly 700 who had signed up for the event on Facebook. Hemp goods were advertised and on sale at the event, and some attendees were seen drinking cannabis-themed energy drinks.

“I was searched and charged under the Misuse of Drugs Act (which is a lot of bollocks)” one attendee noted online, adding “not fair to happen on a brilliant day like it was, other than that I had a great day!” A second said they were openly smoking and ignored by police, who “were only really focusing on people who looked particularly young”.

Cannabis seeds were openly and legally sold at the event and a hydroponics supplier brought a motortrike towing an advertising trailer. Actually growing cannabis is, however, illegal in the UK.

With the event openly advocating the legalisation of cannabis, speakers put their arguments for this to a receptive crowd. Retired police officer James Duffy, of Law Enforcement Against Prohibition, spoke of the failed United States alcohol prohibition policy; stressing such policies needlessly bring people into contact with criminal elements. Highlighting other countries where legalisation has been implemented, he pointed out such led to lower crime, and lower drug use overall.

One speaker, who produced a bottle of cannabis oil he had received through the post, asserted this cured his prostate cancer. Others highlighted the current use of Sativex by the National Health Service, with a cost in-excess of £150 for a single bottle of GW Pharmaceuticals patented spray — as-compared to the oil shown to the crowd, with a manufacturing cost of approximately £10.

Similar ‘420’ pro-cannabis events were held globally.

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Posted: August 22nd, 2021 by Admin

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Surgeons reattach boy’s three severed limbs

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Surgeons reattach boy’s three severed limbs

Tuesday, March 29, 2005A team of Australian surgeons yesterday reattached both hands and one foot to 10-year-old Perth boy, Terry Vo, after a brick wall which collapsed during a game of basketball fell on him, severing the limbs. The wall gave way while Terry performed a slam-dunk, during a game at a friend’s birthday party.

The boy was today awake and smiling, still in some pain but in good spirits and expected to make a full recovery, according to plastic surgeon, Mr Robert Love.

“What we have is parts that are very much alive so the reattached limbs are certainly pink, well perfused and are indeed moving,” Mr Love told reporters today.

“The fact that he is moving his fingers, and of course when he wakes up he will move both fingers and toes, is not a surprise,” Mr Love had said yesterday.

“The question is more the sensory return that he will get in the hand itself and the fine movements he will have in the fingers and the toes, and that will come with time, hopefully. We will assess that over the next 18 months to two years.

“I’m sure that he’ll enjoy a game of basketball in the future.”

The weight and force of the collapse, and the sharp brick edges, resulted in the three limbs being cut through about 7cm above the wrists and ankle.

Terry’s father Tan said of his only child, the injuries were terrible, “I was scared to look at him, a horrible thing.”

The hands and foot were placed in an ice-filled Esky and rushed to hospital with the boy, where three teams of medical experts were assembled, and he was given a blood transfusion after experiencing massive blood loss. Eight hours of complex micro-surgery on Saturday night were followed by a further two hours of skin grafts yesterday.

“What he will lose because it was such a large zone of traumatised skin and muscle and so on, he will lose some of the skin so he’ll certainly require lots of further surgery regardless of whether the skin survives,” said Mr Love said today.

The boy was kept unconscious under anaesthetic between the two procedures. In an interview yesterday, Mr Love explained why:

“He could have actually been woken up the next day. Because we were intending to take him back to theatre for a second look, to look at the traumatised skin flaps, to close more of his wounds and to do split skin grafting, it was felt the best thing to do would be to keep him stable and to keep him anaesthetised.”

Professor Wayne Morrison, director of the respected Bernard O’Brien Institute of Microsurgery and head of plastic and hand surgery at Melbourne’s St Vincent’s Hospital, said he believed the operation to be a world first.

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Posted: August 21st, 2021 by Admin

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Malaysia Airlines Flight 17 shot down over eastern Ukraine, killing 298

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Malaysia Airlines Flight 17 shot down over eastern Ukraine, killing 298

Saturday, July 19, 2014

Malaysia Airlines Flight 17, a Boeing 777, was shot down by a surface-to-air missile on Thursday according to US officials, over disputed eastern Ukraine by an unidentified party.

The flight, which departed Amsterdam Airport Schiphol in The Netherlands at 10:15 UTC en route to Kuala Lumpur International Airport in Malaysia, disappeared from radar at 13:15 UTC near Hrabove, a village in the Donetsk Oblast of Ukraine. 283 passengers and 15 crew were aboard the aircraft, all 298 in total perished. The area the plane was flying over is a conflict zone currently between Ukrainian forces and pro-Russian separatist forces.

United States officials confirmed the aircraft has been shot down, according to data from a surveillance satellite which showed the last trajectory and impact of the missile. The missile is believed to be a Buk M1 surface-to-air missile which are believed to be in the hands of rebels according to reports from the area.

So far no party has claimed responsibility for the attack. Ukrainian officials denied the missile which shot down the airliner belonged to Ukraine. Pavlo Klimkin, Ukraine’s foreign minister, said to The Guardian, “We are absolutely sure and we checked yesterday that no missiles have been taken from the Ukrainian army”. The Security Service of Ukraine (SBU) published on YouTube an alleged wiretap of separatist commanders and Russian intelligence officers discussing the shoot-down and acknowledging the aircraft shot down was civilian.

Meanwhile, Russia’s defense ministry has denied involvement, posting a statement on their website which read, “In view of various types of speculation concerning operations of the Russian armed forces in the areas bordering Ukraine, we affirm that the anti-aircraft means of the Russian armed forces did not operate in that region July 17”.

Ukrainian president Petro Poroshenko said, “This was not an ‘incident’, this was not a ‘catastrophe’, this was a terrorist act”. Malyasian prime minister Najib Razak, said, “If it transpires that the flight was shot down, we insist that the perpetrators must swiftly be brought to justice.”

All civilian aircraft have been barred from flying over eastern Ukraine. The US’s Federal Aviation Adminstration issued a Notice to Airmen (NOTAM) prohibiting flight operations by United States carriers over eastern Ukraine. However, questions remain as to why the aircraft was flying over the contested area. Eurocontrol noted airspace was closed up to 32,000 feet. Flight 17 was flying at 33,000 feet just above the restricted airspace. Malaysia Airlines issued a statement saying “The usual flight route was earlier declared safe by the International Civil Aviation Organisation (ICAO). [The] International Air Transportation Association (IATA) has stated that the airspace the aircraft was traversing was not subject to restrictions.”

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Posted: August 20th, 2021 by Admin

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New Home Construction Project

New Home Construction Project

by

Lawrence Soto

When using a custom home built for yourself you want to not only choose the best builder you can find for your project but also someone that you can deal with. House construction is all about more than just the technical areas of building. It is regarding the meshing of different personalities in to a single relationship. Your home builder has to get inside your head to be able to design, plan and execute a project which will bring satisfaction to all involved.

The choices that one must generate are wide and varied. Things like what shape will your home take? What appliances is going to be installed? What about this lighting and plumbing accessories? Does the tile floor work better than carpet? Is pink a real good color for the dining room? Decisions, decisions, decisions. Only by dealing with and through your builder are you able to resolve these issues.

Your contractor are able to guide and advise you regarding best working relationships between the many many aspects of your personal property design. They will know which shades work best with your chosen style of windows. They\’ve already the expertise available to help you on color schemes and coordinating features like carpets, tile and lighting fixtures. In addition they help landscapers that are familiar with plants that grow well in your geographic area and who are able to deliver what you get in outdoor adornment.

[youtube]http://www.youtube.com/watch?v=pjSUxi7TkPQ[/youtube]

Some with the other areas of expertise that your builder will be able to provide are in your arena of financing. They often work using various lending institutions with a particular bank independently. Through them you can observe the various options readily available both construction financing and for final mortgage the conversion process. The builder will is guaranteed to feel less concerned approximately being paid their progress payments in the event the financing is being taken care of by an institution that contain dealt with before.

Besides the aspects of the construction itself along with the advice regarding financing your builder are going to be your prime source for legal matters relating to your house planning. They will be aware of and able to secure all permits forced to start and complete your personal property project. Some localities require a great environmental study before a permit can be issued. Others require special soil sampling prior to the drilling of a properly or installing a septic container. Some other legal concerns your brand-new home builder will guide you through are any special permits required for running power to your home site, special landscaping restrictions or other local oddity requirements. Most of these obscure rules can and do stop construction in its tracks and re beginning the building process can be very expensive. So when you will be ready begin building your forthcoming residence, choose wisely when looking for a builder to construction your dreams.

.

Green building techniques are generally about sustainability and performance. Through energy-efficient home building tactics, you generate a house that can keep costs down over the years. A well-read home builder will assist you to achieve this and more by helping you make the right decisions from the design of your property right down to the materials useful to create it.

If you\’ve decided to build a dream home from scratch, this gives you the chance to create something that advantages you and future a long time.

Looking to build or remodel

New Home Construction Project

to view the technology that Cisney & O\’Donnell offer. Please visit our web site

New Home Construction Project

.

Article Source:

ArticleRich.com

Posted: August 18th, 2021 by Admin

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News briefs:June 8, 2010

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News briefs:June 8, 2010
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Posted: August 15th, 2021 by Admin

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US House of Representatives passes universal health care bill

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US House of Representatives passes universal health care bill

Sunday, November 8, 2009

The United States House of Representatives has passed The Affordable Health Care for America Act or HR 3962, a bill which would ensure that 95–96% of US citizens receive affordable health care.

HR 3962 was passed with 220 yeas and 215 nays. Democrats in the house needed at least 218 votes to pass the bill. 39 Democrats voted against the bill, which contained the Stupak amendment. This amendment curtailed women’s abortion rights. One Republican, Representative Joseph Cao of Louisiana, voted for the bill.

The US Senate has drafted their own health care bill, S. 1679. It is not yet known when the Senate will vote on their version of the bill, but in the end both versions must be merged into one with both the House and Senate voting again.

The health care program associated with HR 3962 is estimated to cost over US$1 trillion over ten years, according to the Speaker of the House Nancy Pelosi, who states that it will result in “[…] not one dime added to the deficit.”

US President Barack Obama says that he is “confident” that the Senate will be able to come to an agreement and pass a completed bill. Obama added that he hopes to sign a “comprehensive health insurance reform into law by the end of the year.”

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Posted: August 14th, 2021 by Admin

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Selecting A Forex Trading Company

Before you can begintrading in Forex, you will need a trading account with a Forextrading company or brokerage firm. The Forex trading company will bethe party that will execute all your trading orders. As compared tobrokers dealing with the stock market, Forex trading companies do notcharge commission for their services. How Forex trading companiesearn for their services is by charging a spread on the currencypair that you are purchasing. Today, with the mushrooming of onlineForex trading companies, one can easily be confused as to which Forextrading companies to sign up with.

Selecting the correctForex trading company will require some research and time into thebackground of the company in question. Although it may take someadditional effort on your part to find out about the services offeredand the range of spread charged by these Forex tradingcompanies, this effort will be worth it in the long term as you needto be fully satisfied with the party that you are closely workingwith in all your trading.

In order to give you somedirection as to what to look for in a Forex trading company, beloware some guidelines that you can follow to help you scrutinize theForex trading companies that you are interested in.

  • Check if the Forextrading company is registered with a regulatory body

  • The quality of theircustomer support

  • Evaluate the onlinetrading platform that they provide

  • The types of accountthat they have

    [youtube]http://www.youtube.com/watch?v=Pm0uNVxYL8I[/youtube]
  • The policies of thecompany

Regulatory Bodies

Said to be largelyunregulated market, investors who get swindled out of their money byunscrupulous Forex trading companies will not have much remedies fortheir losses. As such, it is important that you select reputableForex trading companies that are registered with an independentregulatory body. More information regarding regulated Forex tradingcompanies in the US can be obtained at the websitewww.nfa.futures.org/basicnet/.In Australia, the Australian Securities & Investments Commission(ASIC) is the regulatory body that is in charge of regulatingfinancial companies. Their website is at.

Customer Support

Because you are dealingwith a 24 hours trading environment, your have to ensure that theForex trading company that you are signing up with also provide youwith 24 hours technical support. Because it is your money that is atstake, you must not compromise on this prerequisite. Ensure that youare getting live support and not a recorded voicemail onthe helpline.

Evaluating the OnlineTrading Platform

The foundation of anyonline trading platform is its ordering system. Ensure that thesystem have real time viewing of the exchange rates. Also the systemmust provide a summary of your trading activities in order for you tobe able to get a snapshot view of all your investment positions.

Types of accountavailable

There are basically threekinds of account that a new trader can open with a Forex tradingcompany. They can be a Micro Account, Mini Account or aFull Account. Micro or Mini accounts are especially recommendedwhen you are just starting out in Forex trading as they allow you totrade on a smaller scale.

Company Policies

Before you sign up withany Forex trading company, you should also check their policies andwell as any terms and conditions they might have. This includeschecking:

  • The currency pairsthat they deal in

  • The transaction costlike the spread and rollover charges

  • The marginrequirement

  • Their working hours

  • Interest rate theycharge for utilizing the margin facility

Finding the right Forextrading company to deal with is one of the first steps towardsventuring into the Forex market. As such, it very important that youtake your time to evaluate each and every one of the Forex tradingcompanies that you shortlisted.

Posted: August 13th, 2021 by Admin

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