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Warning: date(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /hermes/bosnacweb08/bosnacweb08az/b29/ipw.wellbeyo/public_html/libraries/joomla/utilities/date.php on line 200
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The News
Contains news articles on many different topics. There's general news, of course, then selected items from, about or related to Ireland. There's news on Irish Wolfhounds and Science and Technology and finally, there's Financial News. This Day in History has been moved to its own submenu. The topic is being populated with articles and should be available for registered users on January 1, 2009.
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The Latest News
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Written by Hugh McManus
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Thursday, 05 November 2009 20:10 |
November 5, 2009: Contrary to initial reports, the US Army has stated that the gunman alleged to have been responsible for the massacre at Fort Hood earlier in the day is still alive. |
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The Latest News
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Written by Hugh McManus
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Thursday, 05 November 2009 14:41 |
November 5, 2009: The United States Army reported that twelve people where killed and about thirty injured in a shooting at Fort Hood near Killeen, Texas. An army spokesperson reported that one of the gunmen was shot dead and two more were apprehended; they were all soldiers. Fort Hood is the largest army base in the US; it's home to over 50,000 soldiers and other personnel. The fort is named after John Bell Hood, a confederate general in the Civil War. It was opened during World War II on September 18, 1942. |
The Latest News
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Written by USGS
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Monday, 02 November 2009 15:40 |
Earthquake report for Southern California Region: BAJA CALIFORNIA, MEXICO Geographic coordinates: 32.646N, 115.646W Magnitude: 4.0 Ml Depth: 5 km Universal Time (UTC): 2 Nov 2009 19:27:31 Time near the Epicenter: 2 Nov 2009 11:27:31 Location with respect to nearby cities:14 km (9 miles) WSW (256 degrees) of Calexico, CA 15 km (9 miles) SW (229 degrees) of Heber, CA 17 km (10 miles) SSE (166 degrees) of Seeley, CA 17 km (10 miles) W (268 degrees) of Mexicali, Baja California, Mexico 129 km (80 miles) E (84 degrees) of Tijuana, Baja California, Mexico
For more informationhttp://www.usgs.gov |
News from Ireland
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Written by Hugh McManus
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Sunday, 01 November 2009 18:32 |
November 1, 2009: Joe Coleman, a self-proclaimed visionary of the Blessed Virgin Mary, has claimed that Our Lady will reappear in the Basilica at the Shine at Knock on December 8. On October 31, many people claimed that they saw the sun to strange things; some claimed that it danced in the sky. Church authorities, including the local bishop, have expressed concern and have urged Catholics to stay away from the shrine on December 8th. |
News from Ireland
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Written by Hugh McManus
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Saturday, 31 October 2009 19:28 |
November 6, 2009: Hundreds of southern shoppers drove into the North over the October Bank Holiday to take advantage of lower prices, promotions and a favorable rate of exchange. A similar trend has occurred in the border towns of Newry and Derry. Southern retailers have yet to gripe, but they will. |
Irish Wolfhound
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Written by Hugh McManus
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Saturday, 31 October 2009 09:19 |
Sounds crazy, but there is a Politicial Action Committee or PAC that's hoping to fetch a $3,500 tax deduction treat for owners of pets. The organization which sits in Washignton, DC is called PetPAC, led by Bill Hernby, is spearheading support for HR 3501, the HAPPY Act. The bill was introduced by Congressman Thaddeus McCotter a Republican from Michigan. HR-3501, entitled, "Humanity and Pets Partnered Through the Years" calls for pet owners to deduct up to $3,500 from their taxable income for qualified expenses incurred in caring for the pets. Canine Americans everywhere rejoice. To date, the bill has no co-sponsor. |
Hugh's Views
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Written by Hugh McManus
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Saturday, 31 October 2009 08:40 |
Updates Resume on Well Beyond the Pale After a long hiatus, punctuated by a change in jobs which had me commuting from LAX to JFK each week, I am back updating Well Beyond the Pale. There is a backlog of over 500 articles that have not yet been published; they've been prepared over the past twelve months. I am proof reading them and will program them to appear in one big bolus. |
Read more...
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Hugh's Views
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Written by Hugh McManus
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Warning: mktime(): It is not safe to rely on the system's timezone settings. You are *required* to use the date.timezone setting or the date_default_timezone_set() function. In case you used any of those methods and you are still getting this warning, you most likely misspelled the timezone identifier. We selected the timezone 'UTC' for now, but please set date.timezone to select your timezone. in /hermes/bosnacweb08/bosnacweb08az/b29/ipw.wellbeyo/public_html/libraries/joomla/utilities/date.php on line 119
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Friday, 30 October 2009 20:05 |
Right. What nonsense. As you dig into the claims made by the White House, you find out that the figure of 640,000 is a fiction. The methodology to determined "saved jobs" is flawed: it's basically the aggregation of personal opinions. Of course, the figure is pretty scary if $159 billion in cash saved only 640,000 jobs. Why? Well that figure works out to be about a quarter of a million dollars per job–hardly value for money. Well, I wouldn't dispute the fact that a stimulus package will create jobs. After all, a tax hike has a negative impact on the economy, so putting money in should be stimulative. However, it might have made more sense to give a tax rebate rather than what looks to be very poor value for money. |
Financial News
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Written by Bureau of Economic Analysis
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Friday, 30 October 2009 06:33 |
PERSONAL INCOME AND OUTLAYS: SEPTEMBER 2009 Personal income decreased $0.1 billion, or less than 0.1 percent, and disposable personal income (DPI) decreased $0.2 billion, or less than 0.1 percent, in September, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) decreased $47.2 billion, or 0.5 percent. Inw August, personal income increased $17.4 billion, or 0.1 percent, DPI increased $14.1 billion, or 0.1 percent, and PCE increased $139.8 billion, or 1.4 percent, based on revised estimates. Real disposable income decreased 0.1 percent in September, compared with a decrease of 0.2 percent in August. Real PCE decreased 0.6 percent, in contrast to an increase of 1.0 percent. 2009 May June July Aug. Sept. (Percent change from preceding month) Personal income, current dollars 1.3 -1.1 0.1 0.1 0.0 Disposable personal income: Current dollars 1.6 -1.1 -0.1 0.1 0.0 Chained (2005) dollars 1.5 -1.6 -0.1 -0.2 -0.1 Personal consumption expenditures: Current dollars 0.1 0.7 0.2 1.4 -0.5 Chained (2005) dollars 0.0 0.2 0.2 1.0 -0.6 Wages and salaries Private wage and salary disbursements decreased $11.2 billion in September, in contrast to an increase of $10.1 billion in August. Goods-producing industries' payrolls decreased $7.8 billion, compared with a decrease of $6.3 billion; manufacturing payrolls decreased $1.5 billion, compared with a decrease of $4.1 billion. Services-producing industries' payrolls decreased $3.4 billion, in contrast to an increase of $16.4 billion. Government wage and salary disbursements increased $0.2 billion compared with an increase of $2.4 billion. Other personal income Supplements to wages and salaries increased $0.1 billion in September, compared with an increase of $2.0 billion in August. Proprietors' income increased $0.7 billion in September, compared with an increase of $3.4 billion in August. Farm proprietors' income decreased $1.6 billion, compared with a decrease of $1.2 billion. Nonfarm proprietors' income increased $2.3 billion, compared with an increase of $4.6 billion. Rental income of persons increased $5.4 billion in September, compared with an increase of $5.2 billion in August. Personal income receipts on assets (personal interest income plus personal dividend income) decreased $13.8 billion, the same decrease as in August. Personal current transfer receipts increased $17.3 billion in September, compared with an increase of $9.6 billion in August. Contributions for government social insurance -- a subtraction in calculating personal income -- decreased $1.4 billion in September, in contrast to an increase of $1.7 billion in August. Personal current taxes and disposable personal income Personal current taxes increased $0.1 billion in September, compared with an increase of $3.3 billion in August. Disposable personal income (DPI) -- personal income less personal current taxes -- decreased $0.2 billion, or less than 0.1 percent, in September, in contrast to an increase of $14.1 billion, or 0.1 percent, in August. Personal outlays and personal saving Personal outlays -- PCE, personal interest payments, and personal current transfer payments -- decreased $48.8 billion in September, in contrast to an increase of $138.2 billion in August. PCE decreased $47.2 billion, in contrast to an increase of $139.8 billion. Personal saving -- DPI less personal outlays -- was $355.6 billion in September, compared with $307.0 billion in August. Personal saving as a percentage of disposable personal income was 3.3 percent in September, compared with 2.8 percent in August. For a comparison of personal saving in BEA’s national income and product accounts with personal saving in the Federal Reserve Board’s flow of funds accounts and data on changes in net worth, go to http://www.bea.gov/national/nipaweb/Nipa-Frb.asp. Real DPI, real PCE and price index Real DPI -- DPI adjusted to remove price changes -- decreased 0.1 percent in September, compared with a decrease of 0.2 percent in August. Real PCE -- PCE adjusted to remove price changes -- decreased 0.6 percent in September, in contrast to an increase of 1.0 percent in August. Purchases of durable goods decreased 7.2 percent, in contrast to an increase of 6.7 percent. Purchases of motor vehicles and parts accounted for most of the decrease in September and for most of the increase in August, reflecting the impact of the federal CARS program (popularly called “cash for clunkers”). The program, which provided a credit for customers who purchased a qualifying new, more fuel efficient auto or light truck, ended on August 24, 2009. For further information on how the CARS program is reflected in the GDP statistics, please see the FAQ at BEA’s Web site, www.bea.gov, “How will the federal Consumer Assistance to Recycle and Save Act of 2009 (i.e., the CARS program) be reflected in the National Income and Product Accounts (NIPAs)?” Purchases of nondurable goods increased 0.5 percent in September, compared with an increase of 0.9 percent in August. Purchases of services increased 0.1 percent, compared with an increase of 0.2 percent. PCE price index -- The price index for PCE increased 0.1 percent in September, compared with an increase of 0.3 percent in August. The PCE price index, excluding food and energy, increased 0.1 percent, the same increase as in August. Revisions Estimates have been revised for July and August. Changes in personal income, current-dollar and chained (2005) dollar DPI, and current-dollar and chained (2005) dollar PCE for July and August -- revised and as published in last month's release -- are shown below. Change from preceding month July August Previous Revised Previous Revised Previous Revised Previous Revised (Billions of dollars) (Percent) (Billions of dollars) (Percent) Personal Income: Current dollars 19.4 10.4 0.2 0.1 19.3 17.4 0.2 0.1 Disposable personal income: Current Dollars -2.0 -7.6 0.0 -0.1 15.5 14.1 0.1 0.1 Chained (2005) dollars -5.6 -10.8 -0.1 -0.1 -19.7 -21.2 -0.2 -0.2 Personal consumption expenditures: Current dollars 25.2 23.5 0.3 0.2 129.6 139.8 1.3 1.4 Chained (2005) dollars 19.5 17.9 0.2 0.2 86.9 96.0 0.9 1.0 BEA’s national, international, regional, and industry estimates; the Survey of Current Business; and BEA news releases are available without charge on BEA’s Web site at www.bea.gov. By visiting the site, you can also subscribe to receive free e-mail summaries of BEA releases and announcements. * * * Next release -- November 25, 2009 at 8:30 A.M. EST for Personal Income and Outlays for October. -more- ________________________ NOTE. - - Monthly estimates are expressed at seasonally adjusted annual rates, unless otherwise specified. Month-to-month dollar changes are differences between these published estimates. Month-to-month percent changes are calculated from unrounded data and are not annualized. “Real” estimates are in chained (2005) dollars. This news release is available on BEA’s Web site at www.bea.gov/newsreleases/rels.htm. |
News from Ireland
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Written by Hugh McManus
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Wednesday, 28 October 2009 19:14 |
The Nothern Ireland Minister pf the Environment, Edwin Poots, has proposed lowering the blood alcohol limit from its current level of 80 mg per 100 ml to 50 mg per 100 ml. Rural publicans complain that this change could effectively put an end to their regular customer base. Poots, who hails from Lisburn is a member of the Democratic Unionist Party. Mr. Poots believes that the new limit will be in effect in 2010; he has suggested a lower limiit, 20 mg per 100 ml, for professional and young drivers. The Department of the Environment will initiate a public consultation process on the new limit. Interestingly, the government in the South has proposed a similar change; perhaps we're witnessing cross border cooperation between the strongly pro-British DUP and the Fianna Fáil government in the Republic. |
Hugh's Views
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Written by Hugh McManus
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Wednesday, 28 October 2009 13:15 |
Interesting idea that the hit TV drama, Little House on the Prairie, adapted from the books of Laura Ingalls Wilder, which aired on NBC from September 1974 to May 1982 is considered as an adult-themed show in Finland. DVDs of the show have a special sticker warning people that the material should be viewed by people eighteen years of age or older. It could be that moral standards in Finland are extremely high: people are shocked that sometimes a lady's ankle can be seen. Of course it could also be that Universal Studios elected not to fork over $30,000 to the Finnish government to review the series, thus causing it to fall into the default category of adults only. You decide! |
Financial News
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Written by BetterInvesting
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Monday, 28 September 2009 22:00 |
Folio Investing and BetterInvesting announce an alliance to provide qualified member clubs with the ability to buy and sell securities completely commission-free in twice-daily trading McLean, VA, September 28, 2009 - Folio Investing and BetterInvesting announced an alliance today to significantly improve the way BetterInvesting-member clubs invest for their financial future. Under a pricing plan designed exclusively for BetterInvesting, Folio Investing will provide qualified member clubs with unlimited trades and the ability to buy and sell securities completely commission-free in twice-daily trading windows. BetterInvesting-member clubs also will have access to Folio Investing's unique portfolio trading capabilities through its exclusive Folio product. |
Read more...
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Hugh's Views
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Written by Hugh McManus
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Thursday, 24 September 2009 00:00 |
September 24, 2009: Mr. John Regan of Old Rossorry Road passed away peacefully in his home on September 9; he was 96. He was born near Ballymoate in County Sligo on December 20, 1912. |
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