বুধবার, ২৯ ফেব্রুয়ারী, ২০১২

ECB hands out $712 billion in loans to banks

(AP) ? The European Central Bank's second offering of unlimited low-interest loans was gobbled up Wednesday by 800 banks, who borrowed euro529.5 billion ($712.4 billion). More than euro1 trillion has been pumped into Europe's financial system in this way in just over two months in an attempt to stabilize banks, governments and businesses.

The first offering on Dec. 21 attracted 523 banks to borrow euro489 billion ($657.9 billion) and helped ease the eurozone debt crisis because banks used some of the money to buy government bonds. That helped lower the borrowing costs of heavily indebted countries such as Italy and Spain and gave investors confidence that Europe was getting control of a government debt crisis that has lingered for more than two years.

How the banks deploy the money this time is an open question, although the ECB enticed more smaller banks to participate in the hope that they would help boost the eurozone economy by lending to small- and medium-sized businesses. ECB President Mario Draghi assured bankers there was "no stigma" associated with borrowing from the central bank ? an effort to convince those who feared it would make their financial institutions look desperate in the eyes of investors.

The three-year ECB loans, given against collateral such as bonds or other securities, cost banks 1 percent.

Analysts had expected slightly less demand for the loans this time. The market response was muted, with the Euro Stoxx 50 index up 0.60 percent and the euro off 0.2 percent at $1.3442 in afternoon trading in Europe. The interest rates on some European government bonds, including Italy's, fell.

The ECB's first round of ultra-cheap loans helped relieve the pressure on hard-pressed governments such as Spain and Italy, which had been struggling to maintain large amounts of debt.

Banks used the ECB loans to buy government bonds that carried a higher interest rate than the central bank's loans. The added demand for the debt helped raise bond prices ? and lowered the yields, which move in the opposite direction. That eased borrowing costs for indebted governments and thereby calmed fears of a looming market meltdown.

With more financial breathing room, the new governments of Spanish Prime Minister Mariano Rajoy and Italian Prime Minister Mario Monti have time to push for reforms aimed at making their economies more productive. That should increase growth and tax revenues, but the measure will take years to take effect.

The burst of cash also removed fears that a European bank might collapse because it couldn't pay off bonds or other debt coming due. European banks faced some euro230 billion in bonds coming due in the first quarter, and much of the money went to pay off those obligations.

Following the first batch of ECB loans, bank funding markets that had been frozen began to thaw, as some banks were able to borrow by issuing bonds.

On Wednesday, yields on Italian bonds fell 10 basis points to 5.17 percent by late afternoon trading in Europe. The yields had been over 7 percent late last year that pushed Greece, Ireland and Portugal to seek bailouts.

Several analysts said the ECB's latest action was unlikely to provide much more relief to governments.

"Given that there are no further tenders scheduled and the recent ECB rhetoric has been skewed toward this being the last, we believe the market will return to fundamentals and move away from this liquidity euphoria," analysts at Royal Bank of Scotland wrote in a research note.

The larger number of banks in this round of loans follows ECB steps to widen the circle of borrowers to smaller banks, typically the ones who lend to small and medium-sized busineses ? which provide most of the jobs in the euro area. The ECB permitted a wider range of collateral to match what smaller banks might be able to put up.

The banks were not identified, and it remains an open question whether the money will reach the wider economy in the form of more loans. Much of the liquidity in the banking system continues to wash back to the European Central Bank in the form of overnight deposits as banks wait to deploy it ? or simply hoard the money.

There are also concerns that the ECB is incurring unnecessary risk by lending to banks that can't borrow anywhere else. The ECB cannot lend to insolvent institutions, but it's not always easy to tell who is insolvent and who isn't. European Union regulators are pushing banks to raise more capital to thicken their financial buffers against possible losses from the debt crisis.

While they have steadied markets, the ECB loans have been less effective in stimulating bank lending to the wider economy. Loans to businesses only stabilized in January after a steep fall in December. Central bank officials are watching closely to see if their efforts result in more bank lending.

Sony Kapoor, managing director of the Re-Define think tank in London, said that whether the banks use the low-interest loans to invest in high-interest assets "or to lend more to the real economy will strongly shape what direction the crisis take next."

Peter Praet, a member of ECB's six-person executive board, has said the bank faces a difficult decision about whether to make more cheap loans available. ECB governing council member Ewald Nowotny has said he sees no need for further action after the second installment of loans.

Jens Weidmann, the head of the conservative Bundesbank, Germany's central bank, has warned that overly generous liquidity could lead to banks investing in riskier assets and that the crisis cannot be solved "solely by throwing money at it."

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-02-29-EU-Europe-Financial-Crisis/id-da29f0323be4444e9cc0917deb729a2f

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Westferry Kaden to take command of the lot in the Stadium ...

Westferry Kaden to take command of the lot in the Stadium Bookmakers Gentlemans Standard on 27th February

The Stadium Bookmakers Gentlemans Standard is to be held on Monday, 27th February at Nottingham over 500 metres flat. The ?200 prize money will be contested for by six hounds breaking for the wire.

Westferry Kaden, Droopys Maldini?s four-year-old black son out of bitch Westferry Bantis, is a noteworthy and capable entry for the race. He has raced during the season eight times and had struck victory twice out of those starts. His fourth attempt of the season culminated into victory.

Westferry Kaden won the third heat of the Caffreys Standard Trophy on 23rd January at Nottingham. Trained by A Stone, he was through the 500 metres in 30.33 seconds while a 3 ? lengths lead under his belt.

The 4/5 favourite of the race, Bansha Mo, was on the other end of the wire in 30.59 seconds.

After missing out on his next three starts, Westferry Kaden took away the Grade A1 500 metres flat race on 24th February at Nottingham. The 6/4 favourite of the race clocked the track distance in 30.33 seconds after breaking from the third gate and led by ? of a length.

On 18th February, he was sent as an evening?s favourite in a Grade A1 500 metres race at Nottingham that he missed by finishing fourth behind the winner. The race was won by Madeley, who was through the distance in 30.40 seconds.

Today?s race will put forward the opportunity for Westferry Kaden to strike the third victory of the 2012 season.

Another capable entry for the race will represent trainer Chris Allsopp. Fifis Romeo, Collision?s three-year-old black son out of bitch Fabulous Lourdes. He has repeated a trend of going down from the first position to third and then fourth in the six starts that he has made during her 2012 season.

Fifis Romeo won a 264 metres track at Monmore on 9th January by covering the track distance in 15.51 seconds. He went past Solid Impact by a mere neck?s difference. Taking a break from winning, he came second and third in the next two starts and then recorded a victory in the second heat of the William Hill 480 metres Trophy on 6th February at Nottingham.

The views expressed in this article are the writer's own and in no way represent Bettor.com's official editorial policy.

?

Source: http://blogs.bettor.com/Westferry-Kaden-to-take-command-of-the-lot-in-the-Stadium-Bookmakers-Gentlemans-Standard-on-27th-February-a132438

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Easy Ways To Choose The Ideal Home-Improvement Tools at PPE ...

Anytime you are considering a refurbishment or scheme to make your home better, it will be easier if you have the proper tools. If you are not well equipped with the proper tools for the job, it can take a lot longer than is necessary. When you are using inappropriate tools, you can make errors that could have been avoided otherwise. When embarking on a special task in your home, you may need special tools; we will, however, cover some of the essential tools you should have around for the simple fixes that come up occasionally. Make sure to check out this site and also this website too.

Are you painting something? Any painting project requires several items to get the job done right. To begin with, you may need a scraping tool to remove the old paint. Paint can also be removed using a pressure washer. You simply rent one of these devices and it will remove the paint with high-pressure water. Though it is up to you, you can use rollers, brushes, or sprayers to apply the paint once you are done scraping. The best thing to do is get quality paint brushes which will let you do the job much more quickly. Using a ladder is sometimes inevitable, especially with tall houses. Have one standing by in case you need it. Drop cloths are also a valuable tool to have protect the floor or carpet you are painting over.

For any job that you will try to accomplish, safety equipment is necessity that you cannot ignore. People that work with drills and saws definitely need to use safety glasses. This is also true of paint which can drip into your eyes. Your safety is always recommended, especially for people that will be working with tools that have high decibel levels. You can protect your hands using work gloves, particularly when sharp edges and splinters are potential threats. A dust mask is good to have if you?re working around dust or fiberglass insulation. A hard hat or helmet should be worn if you do any type of construction work. The safety equipment you require will depend on what you?re doing, but make sure you give due consideration to this.

Tools for your home improvement projects can be bought in many different places. A hardware store or home improvement store in your town would be the logical choice.

If you shop online for your tools, you might find the best prices. Though you should make sure you?re getting high quality tools and not simply looking for what?s cheapest. Although multipurpose tools can be useful, sometimes they aren?t as good as they look in the TV commercials where you often see these advertised. When you get a tool, only buy something that you will actually use. A tool that does a dozen things is probably confusing to use and you will never use each part, so a tool with a single function usually will work best. Doing a home improvement project on your own will definitely require the purchase of tools that you probably don?t have. We wrote this article to help you understand what you may need for your particular ?do it yourself? project, items that will probably be essential for what you are doing. To complete the task, whatever that home improvement project may be, you need to have the tools necessary to do the job right.

Source: http://ppe-journal.org/?p=4286

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রবিবার, ২৬ ফেব্রুয়ারী, ২০১২

Q & A: What options are there in paying capital gain taxes on real ...

Question by de : What options are there in paying capital gain taxes on real estate investment property
I am selling 3 acres of land for a substantial gain and would like to avoid paying 30 percent of my selling price in capital gain taxes. Are there tax breaks that Allows for reinvesting without taking a big hit in taxes? Best answer:
Answer by

bostonianinmo Look into a
exchange Section 1031st That will not avoid the tax bite but will defer it.If this is a long term gain, the rate is 15% or less, not 30%. If you?re closing in on the one year limit for short term gains, hold off on closing until you are over one year. That way it will be a long term CG at the lower rate.


What do you think? Answer below!

Source: http://www.lovefinanceinfo.com/2012/02/q-a-what-options-are-there-in-paying-capital-gain-taxes-on-real-estate-investment-property/?utm_source=rss&utm_medium=rss&utm_campaign=q-a-what-options-are-there-in-paying-capital-gain-taxes-on-real-estate-investment-property

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শনিবার, ২৫ ফেব্রুয়ারী, ২০১২

Gordon Brown Should Demand an Apology From the Washington Post: He's Been Made to Look Like an Idiot

I don?t have a great deal of respect for our ex-Prime Minister and former Chancellor of the Exchequer, Gordon Brown, but I do rather object to Op/Eds in American newspapers that make him look even more clueless than I already think he is. Reflects badly on the country and all that.

The offending article is this one in the Washington Post. Now it is true that the paper says that it was actually written by Gordon Brown himself but I?m afraid that I really do not believe at all that the man who was in charge of the UK?s financial regulatory system for the vast majority of the millennium so far could possibly have written this:

While many U.S. banks still have leverage ratios that are 10 times their assets, the banks of Germany have a leverage ratio 32 times their assets, and French banks are leveraged 26 times their assets. Europe?s banks have done only a fraction of what their U.S. counterparts did to rid themselves of toxic assets and to recapitalize, leaving them no choice now but to liquidate their assets.

Banks do not leverage assets in order to do anything. Banks leverage their capital in order to purchase assets. This is such a fundamental misunderstanding of the most basic structure of banking that even I cannot believe that Gordon Brown wrote that.

A bank?s assets are the things that it owns. Shares, stocks, bonds, the loans it has made to people, buildings, whatever. A bank?s liabilities are the borrowings it has made to purchase those assets. Such liabilities might be bonds it has issued, money borrowed on the overnight markets, even that 3p left in my bank account each month after the mortgage has gone out.

Capital is the retained profits of the bank (it gets a little more complex, perhaps certain types of bonds, certainly the receipts from issuing new equity, minus depreciation perhaps?.complicated in detail but not at base). Leverage is the act of borrowing lots, or taking on large liabilities, when compared with the amount of capital you have.

Leverage is the ratio of capital to liabilities (or to assets perhaps) but it is not, never has been and never will be any ratio of assets to umm, assets, as is being claimed here. Might the German banks have 32 times their capital base in either assets or liabilities? Sure, could do. Could they have 32 times their assets as assets? Erm, no, not really possible is it. And the other alternative reading, that they have 32 times as much capital as they do assets makes no sense at all in a system of fractional reserve banking.

As I say. Brown really should ask for an apology from the WaPo for this. For I?m certain that this is a mistake that has crept in during the editing process. If I?m wrong about that I will of course apologise profusely to the unnamed editor who I am currently accusing of making Brown himself look a fool. And if I am wrong, if that quote really is the way Brown sent it in (and yes, he does indeed write his own pieces, I know this from people who have subbed his stuff for the London papers) then I?ll admit to a certain surprise that there?s bank still standing in The City if the recently ex-chief regulator really believes such a nonsensical thing.

Leverage is about capital, not about assets.

Source: http://www.forbes.com/sites/timworstall/2012/02/25/gordon-brown-should-demand-an-apology-from-the-washington-post-hes-been-made-to-look-like-an-idiot/?feed=rss_home

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Atlanta Football Stars Advocate to Protect Youth Athletes

Atlanta Falcons athletes visited the state capital earlier this month in support of the ?Georgia Return to Play Act? of 2012. Among the football stars were former linebacker Buddy Curry, current kicker Matt Bryant, offensive lineman Andrew Jackson and wide receiver Kevin Cone. Speaking before the Health and Human Services committee of the Georgia State Legislature, Curry and Bryant expressed their own, as well as their team?s support of the bill. ?The most important thing in all of this, anything that you can do to improve the safety for the kids, (?) you find a way,? Bryant said.

A Bill to Protect Georgia?s Youth from TBI

The purpose of the bill, supported by Rep. Billy Mitchell, D-Stone Mountain, is to decrease the incidence of long-term brain injury following sports-related concussions. This goal would be achieved by requiring that information be provided to young athletes, parents, coaches and others about how to recognize and treat these commonplace but potentially fatal head injuries. Similar laws have been passed in 31 states and the District of Columbia.

Kenneth Edmonds, the NFL?s director of government relations and public policy, was also present. The NFL is currently being sued in a number of concussion-related cases. ?The NFL, as well as the Atlanta Falcons, strongly supports the Georgia?s Return to Play Act of 2012,? Edmonds said. ?We feel that it will help to prevent brain injuries and help make the recreational activities safer for young athletes throughout the state.?

Not All Fun and Games: Traumatic Brain Injuries in Youth Sports on the Rise

According to the CDC, traumatic brain injuries (TBIs) from sports and recreation activities are on the rise:

  • Trips to emergency rooms due to sports-related TBIs including concussions, have increased by 60 percent in the last decade.
  • Every year, an estimated 173,285 children and adolescents (up to 19-years-old) are treated in emergency rooms with sports and recreation-related TBIs.
  • Two to five high school football players die each fall as a result of on-field brain injuries.
  • Teenagers are more susceptible to severe reactions from receiving multiple hits to the head. Since young people?s brain tissue is still developing, successive head traumas are more likely to result in potentially fatal intensive swelling and brain bleeds.

As one might expect, contact sports are particularly dangerous for TBIs. According to the University of Pittsburg?s Neurological Surgery Department:

  • The likelihood of sustaining a concussion while playing a contact sport is estimated to be 19 percent per year of play.
  • 34 percent of college football players have had one concussion, and 20% have experienced multiple concussions.

These potentially dangerous injuries can happen anywhere, and even in sports not traditionally considered dangerous:

  • A national survey found that 31 percent of sports and recreation-related injuries occurred in a sports facility and 20 percent occurred in a school facility.
  • While males make up the majority of the cases of sports-related concussions, a recent study highlighted in The Chicago Tribune found that females are actually more prone to suffering concussions. Girls aged 10-19 suffered concussions most frequently while playing soccer or basketball, or while cycling.

What is a Concussion?

The CDC defines a concussion as ?a type of brain injury or TBI that is caused by a bump, blow, or jolt to the head that can change the way your brain normally works.? Blows to the body can also result in a concussion, by causing the head to rapidly move back and forth. Although most concussions occur without a loss of consciousness, they are still considered brain injuries and should be taken seriously.

According to neurologists at the University of Pittsburg, concussions can cause devastating neuropsychological impairments. Risk of serious long-term brain injury or even death increases with successive concussions. This is called ?second impact syndrome.? Athletes who suffer a second head trauma while still recovering from a previous concussion are particularly endangered. For this reason, recognition of symptoms and appropriate response to a concussion is crucial in preventing serious injury or death.

Signs and Symptoms

A useful fact sheet from the CDC describes signs and symptoms that may indicate a concussion:

  • Dazed or stunned appearance
  • Confusion
  • Clumsy movement
  • Slowed speech
  • Loss of consciousness (even if brief)
  • Personality changes
  • Forgetfulness
  • Headaches or feelings of ?pressure? in head
  • Nausea or vomiting
  • Difficulty with balance
  • Double or blurry vision
  • Sensitivity to light and/or noise
  • Sluggishness or grogginess?

According to the American Academy of Pediatrics, when athletes experience any of these symptoms after receiving a bump or blow to the head, they should refrain from playing sports until they receive clearance from a medical professional.

In recent years, however, the culture of youth and college athletics has grown increasingly competitive, oftentimes to the detriment of the players. When the health and safety of the players are valued less than team wins or ticket sales, young athletes suffer the consequences of debilitating injuries, and even death.?

Have You Or Someone You Love Suffered from a Sports-Related TBI?

If you or someone you care about has suffered from a TBI caused by injury in sports or otherwise, you may be eligible for compensation. Traumatic brain injuries can be physically, emotionally and financially draining. Don?t suffer alone. Contact us today and our experienced attorneys will provide you with a free consultation to determine whether pursuing legal action may be right for you.

Source: http://www.cssfirm.com/2012/02/24/atlanta-football-stars-advocate-to-protect-youth-athletes/

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শুক্রবার, ২৪ ফেব্রুয়ারী, ২০১২

If God is a DJ, these are his decks (video)

Not getting the kind of attention you feel a DJ deserves? Then maybe it's because your decks are Plain Janes of spinning black nothingness when they could be so much more. You need projectors up there on the ceiling, creating light shows mapped to the rotation and beat of your records and simultaneously overlaying your software -- so you won't have to keep staring subserviently at a laptop. The next step? Using Wii controllers and motion capture for even stranger effects, plus whatever else your imagination conjures after seeing the video below. Soon this technology will be everywhere, from hospital radio DJs right down to that little pretender who does discos on the pier, so get in there quick to beat the curve.

Continue reading If God is a DJ, these are his decks (video)

If God is a DJ, these are his decks (video) originally appeared on Engadget on Fri, 24 Feb 2012 05:32:00 EDT. Please see our terms for use of feeds.

Permalink   |  sourceE.N.S. (Vimeo)  | Email this | Comments

Source: http://www.engadget.com/2012/02/24/dj-decks-with-projection-mapping/

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James Beard Semifinalists Announced: Miami ... - the food-e.com

?The 2012 James Beard semifinalists have been announced and sure enough Miami has made the list.

Several Miami chefs and restaurants got a nomination. Finalists will be ?announced in Las Vegas on March 19th.

The South Florida semifinalists are:

Best New Restaurant
Yardbird Southern Table and Bar, Miami Beach

Outstanding Pastry Chef
Hedy Goldsmith, Michael?s Genuine Food and Drink, Miami

Outstanding Wine & Spirits Professionals
Virginia Philip, Virginia Philip Wine Shop & Academy, West Palm Beach

Rising Star Chef of the Year
Jarrod Verbiak, db Bistro Moderne at the JW Marriott Marquis, Miami

Best Chef: South
Clay Conley, Buccan, Palm Beach
Paula DaSilva, 1500 Degrees at Eden Roc, Miami Beach
Jeff McInnis, Yardbird Southern Table & Bar, Miami Beach
Sergio Navarro, Pubbelly, Miami Beach

For a complete list of all semifinalists, click here.

Photo : James Beard Blog

SOURCE

Source: http://thefood-e.com/2012/02/22/james-beard-semifinalists-announced-miami-makes-the-list/?utm_source=rss&utm_medium=rss&utm_campaign=james-beard-semifinalists-announced-miami-makes-the-list

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A $1M donor for every presidential hopeful

Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks at a town hall meeting at Eagle Manufacturing Corporation in Shelby Township, Mich., Tuesday, Mich., Feb. 21, 2012. (AP Photo/Gerald Herbert)

Republican presidential candidate, former Massachusetts Gov. Mitt Romney speaks at a town hall meeting at Eagle Manufacturing Corporation in Shelby Township, Mich., Tuesday, Mich., Feb. 21, 2012. (AP Photo/Gerald Herbert)

Republican presidential candidate, former Pennsylvania Sen. Rick Santorum speaks during a campaign rally at the El-Zaribah Shrine Auditorium, Tuesday, Feb. 21, 2012, in Phoenix, Arizona. (AP Photo/Eric Gay)

Republican presidential candidate, former House Speaker Newt Gingrich waits to be introduced for a speech on the floor of the Oklahoma State Legislature in Oklahoma City, Okla., Tuesday, Feb. 21, 2012. (AP Photo/Evan Vucci)

WASHINGTON (AP) ? Just two dozen ultra-wealthy donors are behind a surge of million-dollar contributions to the new breed of political committees during the presidential campaign.

Millionaire and billionaire executives have unlocked their personal bank vaults to write seven-figure checks to support the campaigns of Democratic President Barack Obama and the Republicans vying to oppose him: Mitt Romney, Rick Santorum, Newt Gingrich and Ron Paul.

More than half of the $60 million collected so far by the new group of independently run super political action committees supporting presidential candidates came from just 24 wealthy Americans, according to an Associated Press review of financial reports filed by the campaigns. The super-sized checks amount to $33 million, and in some cases, the contributions of $1 million or more represent most of the money that several super PACs have collected.

These outsized donations ? more than 40 times the amount ordinary Americans can give directly to a politician ? are allowed under the landmark 2010 Supreme Court ruling in the Citizens United case.

The ruling made it possible for super PACs to raise and spend unlimited sums to support political campaigns. The groups must legally remain independent from the candidates they support, but many are staffed with former campaign aides with intimate knowledge of the campaigns' strategy.

Freed by the Citizens United case and other rulings that allowed unlimited donations with minimal disclosure, the mega-donors are pumping unprecedented amounts of cash to favored candidates. The lavish gifts are stoking negative campaign ad wars and making mega-donors essential to the tactics and operations of the super PACs.

"It's just so much easier for these people to make large contributions and play a much more prominent role than we've tended to see," said Brendan Glavin, a researcher with the Campaign Finance Institute, a Washington-based nonpartisan think tank.

Here's a list of each presidential candidate's wealthiest supporters:

?Even among seven-figure donors, nobody approaches the $11 million that Las Vegas casino billionaire Sheldon Adelson and his family have given to Winning Our Future, the group supporting former House Speaker Gingrich, which has $13.1 million in total contributions. Adelson gave $5 million; his wife, Miriam, another $5 million. The rest came in smaller, but still sizeable amounts from Adelson's daughters, Sivan Ochshorn and Yasmin Lukatz, and Lukatz's husband, Oren. Gingrich has said Adelson and his family support his strong pro-Israel statements. Adelson has important business interests in China, and his casino is under federal investigation by the Justice Department and a civil probe by the Securities and Exchange Commission for possible violations of the Foreign Corrupt Practices Act. The company denies wrongdoing.

?Winning Our Future also gained $1 million from Texas billionaire Harold Simmons, a longtime Republican donor who was a key funder of the Swift Boat veterans' attacks on Democratic presidential candidate John Kerry in 2004. Simmons, whose interests range from energy to chemicals, so far has donated $12 million ? both personally and through his firm, Contran ? to American Crossroads, the Republican-leaning super PAC co-founded by Republican strategist Karl Rove.

?The co-founder of PayPal and an early investor in Facebook, Peter Thiel, has given $2.6 million to Endorse Liberty, the group supporting Texas Rep. Paul. Nearly 70 percent of the group's money comes from Thiel, a Silicon Valley investor. An ardent supporter of Libertarian causes, Thiel has donated to gay rights and religious organizations and also helped fund the Committee to Protect Journalists. His Facebook investment alone is now reportedly worth $1.3 billion.

?The chief executive at DreamWorks Animation, Jeffrey Katzenberg, has given $2 million to the group supporting Obama's re-election, Priorities USA Action, which accounts for nearly half the group's $4.5 million total. Katzenberg has hosted fundraisers for Obama and has been a longtime funder of liberal and Democratic Party causes.

?Hotel magnates and brothers Bill and Richard Marriott have given $1.5 million to Restore Our Future, the group supporting former Massachusetts Gov. Romney. Bill Marriott heads Marriott International, while Richard Marriott heads offshoot Host Hotels & Resorts. Romney, whose first name is Willard, was named after the Marriotts' father, who was close friends with Mitt Romney's father, George Romney. Mitt Romney also served for years on Marriott's board of directors.

?Julian Robertson, the head of Tiger Management Corp., a major New York-based hedge fund, gave $1.3 million to Restore Our Future. Robertson's son is also a Romney donor, and both have co-chaired Romney fundraisers.

?Other rich executives who gave at least $1 million to help Romney's campaign include Paul Edgerly, a managing director at Bain Capital, and his wife Sandra, who each donated $500,000; Edward Conard, a former Bain executive; Mormon businessman Frank VanderSloot; Paul Singer, founder and CEO of Elliott Management Corp., a top New York-based hedge fund; John Paulson, head of Paulson and Co., another major hedge fund; Bob Perry, a Houston real estate developer; Tulsa businessman Francis Rooney; Robert Mercer, co-chief of Renaissance Technologies, a New York hedge fund; and William Koch, head of Oxbow Carbon, LLC, a fossil fuel processor and mining firm.

?The group supporting former Pennsylvania Sen. Santorum ? the Red, White and Blue Fund ? collected nearly all its $2.8 million so far from just two major, $1 million contributions. Foster S. Friess, a mutual fund entrepreneur and conservative advocate, is a major funder behind the Daily Caller, a conservative web news aggregator, and has his own website advocating free enterprise and warning about militant Islam. Friess opposed the Obama administration's health care program and gave $100,000 to statewide Republican races and causes in 2008.

?The pro-Santorum group's other $1 million contribution came from William J. Dore, president of a Louisiana energy and real estate firm. Dore backed New Orleans Mayor Mitch Landrieu and other state Democrats, but he has also funded Republican politicians, as well as charities in Louisiana and Texas.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2012-02-22-Campaign%20Fundraising/id-2e498d064fc14ffcaa2ffa8ee69462c8

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A New Social Media Internet Site Revelri ? Is It The Facebook Of Self ...

revelri social media site

Positivity in life is an important ingredient, and you?ll find extremely handful of websites that actively aid in introducing an element of such positivity into people?s everyday lives. Certain, you can find self support portals that show folks how to make their life better, but Revelri does this with a twist. You will find no philosophical quotes or wordy lines of guidance in revelri ? there are just actions, straightforward, everyday actions, the kind that people can take up on a daily basis and try and carry out.

This really is one of the highlights with the website, since these actions are designed to cater to every person.

As a child, you are sure to have harbored dreams, ambitions and desires which you later gave up on slowly, mainly due to your shifting priorities and the race to establish a luxurious life. In the course of this journey, you would have missed out on the smaller things within your life ? seemingly trivial everyday instances that will brighten up your day and perk it up using a bit of enjoyable. revelri social media site pulls out all the stops to bring back these instances into your life, to show you their importance and how contentment and fun in such tiny doses can possess a giant impact inside your life.

Rather than turning to medicines to cope with everyday pressure, have you ever attempted blowing bubbles as an adult and relived your childhood days?

Has it ever occurred to you to get a box of toffees for your coworkers, that is an act that may not merely bring you together but additionally add a smile to their faces?

And when was the last time you read for your children at night, or cooked up fairy tales or adventures for them to infinitely appreciate?

These easy tasks are what Revelri primarily focuses on, in an effort to make the lives of its users far better.

A Treasure Trove of Tiny Delights

?The internet site might be accessed by means of your Facebook account, and if you?re too particular about not employing your Facebook credentials, you can create an account making use of just your email ID. The sign-up method is quite basic and straightforward, but creating your complete profile as a Reveler may well take a bit of time. You?ll find no loopholes and you do not have to devote money, as Revelri is entirely free!

Revelri digs deep into the lives of all Revelers (a catchy name for all Revelri users) and extracts crucial data and private facts as a way to tailor the profile efficiently for them. The actions that happen to be offered out everyday are personalized ? so once you sign up with Revelri and enter your personal specifics, the actions that you get will only revolve about what it is possible to do.

You don?t need to worry about acquiring tasks or actions that involve children if you?re unmarried and single and you absolutely don?t need to be concerned about wearing killer heels to perform since such actions will apply only to Revelers who register themselves as women!

Apart from their personalized nature, the daily actions provided by Revelri are unique simply because they apply across various cultures and are not bound by geographical constraints. Its actions might be credited as Revelri?s robust point.

Plus a Handful of Far more Surprises!

Have you ever felt grateful for having an remarkable loved ones and close pals to depend on?

Have you ever had the time to express your gratitude for all which you have in life?

With a exclusive notion, Revelri tends to make it easier for you to express your gratitude ? by way of the Gratitude Journal. Like the name suggests, this is indeed a journal that you can retain on-line for expressing your gratitude, one that may assist you to get a load off your chest and mind. You?ll have the power to generate this journal public too, for other Revelers to view and be inspired.

Revelri also features a WishTree feature, exactly where you can list out your short term and long term wishes and desires. Often, for you to succeed in fulfilling your ambitions, all you?ll need to perform is write them down somewhere to ensure that you?re visually reminded of these aims time and again. Revelrisolves this difficulty by providing an internet resolution, in the type of a WishTree.

If that?s not sufficient, there is a Synergy section that focuses on the well-being from the entire community. If you?re feeling low and helpless and would like an extended hand or perhaps a prayer for your condition, you are able to post a case in the Synergy section and fellow Revelers will flock to pray and wish the best for you. If such positive motivation can not set things right, absolutely nothing will! As a Reveler, you?ll have the freedom to extend your prayers towards one more member who?s having troubles in life.

The Synergy section brings for the fore all that Revelri is about ? becoming a component of a community. The website is populated by like-minded men and women who think in improving their lives, and spreading happiness and peace. To make factors less complicated and to let them to communicate with each other, Revelri offers messaging choices in their profiles so that they can continuously keep in touch.Although these attributes are extremely thrilling and fairly new, Revelri requirements to work more on these sections to produce them a tad far more desirable ? right now, the actions steal the show in the site. But the finest issue about Revelri is that it delivers all its functions at no cost, although other sites frequently lock their best features away below a paid account. So go ahead, introduce some passion and enjoyable into your life, due to the fact Revelri?s right here to make the globe a utopian one.

I hope you enjoyed this revelri review. If you?d like to experince synergistic happiness, join Revelri at no cost!

Source: http://jonathanberent.com/2012/02/a-new-social-media-internet-site-revelri-is-it-the-facebook-of-self-improvement-and-happiness/

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