Laurie Guy: Fidelity in marriage an issue for gay men | McBlog

NZ Herald 29 Aug 2012
All you need is love. That is the theme song of pro-same-sex marriage proponents. It is the slogan of Louisa Wall, author of the same-sex marriage bill. If two gay people love each other and want to ?marry?, why don?t we allow this? But is love enough?

In answering that question, we need to be aware of two other questions: what is marriage? And why is the state involved? The latter question is crucial, because the core issue is one of affirmation, not rights ? rights can be dealt with by specific legislation without amending the Marriage Act and upsetting lots of people.

Apart from conveying rights, marriage provides affirmation that the state/society encourages this relationship as a good thing. A crucial question is whether gay relationships are such a good thing as to be endorsed by society as ?marriage?.

We should look at the issue of social endorsement through four lenses: love, commitment, health, and society?s interests.

Let?s begin with love. What is ?love?? The word covers a raft of sometimes contrary meanings, from sexual desire centred on ?my? self-gratification, to heroic self-giving for another. Both heterosexual and same-sex unions may well pass (or fail) this test. The love issue does not debar same-sex marriages.

However, love alone is not enough. It can be fleeting and transient. If marriage is to be serious and not trivial, it needs longevity, buttressed by commitment and faithfulness.

What of gay commitment and faithfulness? Long-term lesbian relationships on average may well be as committed and faithful as that of an average married heterosexual couple. The problem is the gay men.

Some male gay couples are as committed and faithful as typical married heterosexuals. Survey evidence, however, indicates that these are very much a minority.

Significant data on male homosexual behaviour is available through New Zealand Medical Journal articles and the New Zealand Aids Foundation website. The Aids Foundation and the Aids Epidemiology Group at the University of Otago have conducted biennial surveys, the Auckland Gay Periodic Sex Surveys, for the past decade.

The 2010 results covered the sexual behaviour of 1527 gay men in 2008. On the commitment side, the survey indicates that the most common number of sexual partners for gay men over the previous six months was two to five. Just 38.8 per cent of those surveyed had a partner of more than six months? standing (i.e. relationships with some level of commitment).

However, 52 per cent of these men had also had sex in that period (six months) with other partners. So despite the rhetoric of love and commitment, most male gay couples are not in a genuinely monogamous relationship. Should the meaning of ?marriage? be broadened under such circumstances?

There is also the health issue. Male-to-male coupling typically has far greater health risks (because of high levels of anal sex). Both with casual and with ?boyfriend? sex the percentage engaging in anal sex is over 80 per cent. Anal sex is never fully safe. Although condoms reduce the risk of sexually transmitted diseases (including HIV/Aids) by around 85-90 per cent, risk remains (because of user misuse or product failure).

Risk is far greater without condom protection. Although 98 per cent of those surveyed knew that anal sex without a condom is very high risk for HIV transmission, 73 per cent did not use a condom at least once in the past six months (the figure for casual sex was 31 per cent).

The result is high levels of sexually transmitted infections amongst gay men. Over 60 per cent of new infectious syphilis cases are gay men. This category also has high rates of gonorrhoea and hepatitis. And 76 per cent of all new HIV diagnoses in 2000-2009 were gay men.

Can we affirm male gay relationships to the level of ?marriage?, given the data on faithfulness and health? One can argue change on the basis of ?me?, ?my rights? and ?choice?. But the debate is also about the good of society.

What society needs are stable, faithful, healthy relationships. Stable marriage has gravely weakened in the last generation. There is deep hurt and scarring of many, especially children, as a consequence.

In a direct sense gay ?marriage? will not make this worse. Indirectly, however, it will, because it makes marriage, which for many is becoming vague and fuzzy, vaguer and fuzzier still. It is social engineering ? with its negative aspects ignored.

We need to have a deep and wide debate, looking at all factors. The same-sex marriage debate is currently far too simplistic. The draft bill is a daft bill.

Laurie Guy is author of Worlds in Collision: The Gay Debate in New Zealand 1960-1986 (Victoria University Press, 2002). He lectures in religious history.
http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10830082

Source: http://bobmccoskrie.com/?p=5162

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California Proposition 183, Changes to Laws Governing Recall Elections (1994)

California Proposition 183 was on the November 8, 1994 general election ballot in California as a legislatively-referred constitutional amendment , where it was approved.

Proposition 183 changed the laws governing recall in California so that recall elections would be held within 180 days of certifying the signatures on a recall petition, rather than within 60-80 days of certifying the signatures.

Election results

Constitutional changes

Proposition 183 amended Section 15 of Article II of the California Constitution as follows:

Ballot language

The ballot title was:

Recall Elections. State Officers. Legislative Constitutional Amendment.

The ballot summary was:

• Authorizes a recall election to be held within 180 days of certification of sufficient signatures in order that the election may be consolidated with the next regularly scheduled election occurring in the same jurisdiction.
• Current law provides that recall elections must be held between 60 and 80 days of the date of certification of sufficient signatures.

The fiscal estimate provided by the California Legislative Analyst's Office said:

• Potentially significant savings to state and local governments.

Path to the ballot

The California State Legislature voted to put Proposition 183 on the ballot via Senate Constitutional Amendment 38.

Votes in legislature to refer to ballot
Chamber	Ayes	Noes
Assembly	62	9
Senate	32	2

External links

Source: http://ballotpedia.biz/wiki/index.php?title=California_Proposition_183,_Changes_to_Laws_Governing_Recall_Elections_(1994)&diff=1406891&oldid=1182829

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3 Weird Allergies that are Common - Health Niche

Have you ever felt like you can?t stand the smell of leather? Or The Cold weather seems choking for you? If you feel like this then you are suffering from allergy. There are many forms of allergy. Some are known while others are unknown and some are common while others are uncommon. Here are 3 weird allergies that are common.

1.?? ?Polymorphic Light Eruption or Allergy to Sun

When you get small bump marks or itching sensation four days after sun exposure then you have this polymorphic light eruption allergy. In common words, you are allergic to sun. Skin swelling is also a common phenomenon in this allergy.? And, this allergy is attributed to ultraviolet radiation from sun?s rays. These rays result in alterations in the protein of your skin. The immune system takes these proteins to be harmful and attacks it.

2.?? ?Cold Induced Urticaria or Allergy to Cold Water or Air

Does your skin swells up whenever you are in contact with cold water or air? It happens because you are allergic to cold water or air. Also called cold induced urticaria, this allergy, makes your skin red. The blood vessels narrow down because of chemical mediators that skin produces.

3.?? ?Nickel Induced Contact Dermatitis or Allergic to Money

This allergy doesn?t means you are not interested in earning money. But it means that when you touch specific type of jewelry, coins or watches made from nickel, itching and skin rashes come up.

You may also notice dry skin just like a burn mark when you have nickel induced contact dermatitis or allergy to money. In the worst condition, swollen and leaky blisters erupt on your skin. This allergy might be hereditary.

There are other allergies too that are common. Remedies do exist for these conditions but take them under expert medical supervision.

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Source: http://www.health-niche.com/1460/3-weird-allergies-that-are-common/

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Pakistani officials confirm death of key militant

A Pakistani army soldier arranges weapons reportedly recovered from hideouts of militants in tribal areas, as they are displayed in Peshawar, Pakistan on Wednesday, Aug. 29, 2012. (AP Photo/Mohammad Sajjad)

A Pakistani army soldier arranges weapons reportedly recovered from hideouts of militants in tribal areas, as they are displayed in Peshawar, Pakistan on Wednesday, Aug. 29, 2012. (AP Photo/Mohammad Sajjad)

ISLAMABAD (AP) ? Pakistani intelligence officials confirmed Thursday that a U.S. drone strike last week near the Afghan border killed the son of the founder of the powerful Haqqani militant network, a major blow to one of the most feared groups fighting American troops in Afghanistan.

Badruddin Haqqani, who has been described as the organization's day-to-day operations commander, was killed on Aug. 24 in one of three strikes that hit militant hideouts in the Shawal Valley in Pakistan's North Waziristan tribal area, said two senior intelligence officials, speaking on condition of anonymity because they were not authorized to talk to the media.

The presence of the mostly Afghan Haqqani network in North Waziristan has been a major source of friction between Pakistan and the U.S. The Obama administration has repeatedly demanded Pakistan prevent the group from using its territory to launch attacks in Afghanistan, but Islamabad has refused ? a stance many analysts believe is driven by the country's strong historical ties to the Haqqani network's founder, Jalaluddin Haqqani.

The Pakistani intelligence officials didn't specify which strike on Aug. 24 killed Badruddin, but said he was leaving a hideout when the U.S. missiles hit. The confirmation of his death came from their sources within the Taliban, which is allied with the Haqqani network, and agents on the ground, they said. But neither the officials nor their sources have actually seen Badruddin's body.

Pakistani intelligence officials previously said they were 90 percent sure Badruddin was killed in a drone strike in a different part of North Waziristan on Aug. 21. It's unclear what caused the discrepancy.

Afghanistan's intelligence agency said several days ago that its operatives had confirmed Badruddin's death. A senior Taliban commander has also confirmed the militant's death.

A Taliban spokesman in Afghanistan, Zabiullah Mujahid, has however rejected reports of Badruddin's death, calling them "propaganda of the enemy."

The U.S. does not often comment publicly on the covert CIA drone program in Pakistan and has not said whether Badruddin was killed.

The areas where the American drone strikes generally occur are extremely remote and dangerous, making it difficult to verify a particular person's death.

Badruddin is considered a vital part of the Haqqani structure.

The U.S. State Department has designated Badruddin, along with his father and brothers ? Nasiruddin and Sirajuddin ? as terrorists. The State Department said in May 2011 that Badruddin sits on the Miram Shah Shura, a group that controls all Haqqani network activities and coordinates attacks in southeastern Afghanistan.

Badruddin is also believed to have been responsible for the 2008 kidnapping of New York Times reporter David Rohde, the department said.

After their father effectively retired in 2005, Badruddin and his brother Sirajuddin expanded the network into kidnapping and extortion, both highly profitable for the organization, according to a recent report by the West Point, N.Y.-based Combating Terrorism Center. Afghan intelligence authorities have released intercepts of Badruddin orchestrating an attack against the Intercontinental Hotel in Kabul in 2011, the CTC said.

The U.S. has long viewed the Haqqani network as one of the biggest threats to U.S. and NATO forces in Afghanistan as well as the country's long term stability.

The Pakistani military has refused to target the Haqqani network, saying its troops are stretched too thin fighting militants at war with the state in other parts of the tribal region. But many analysts believe the military views the group as an important potential ally in Afghanistan after foreign forces withdraw.

Also on Thursday, Pakistan security officials arrested the founder of one of the country's most virulently anti-Shiite militant groups, Laskhar-e-Jangvi, for allegedly making a speech that spread sectarian hatred.

A police official in Lahore, Maroof Afzal, said police arrested Malik Ishaq as he returned from a religious pilgrimage in Saudi Arabia. He was arrested because of a speech he made during Ramadan that authorities said incited sectarian hatred.

Laskhar-e-Jangvi allies itself with al-Qaida and the Taliban. The group is blamed for scores of attacks on Shiites, regarded as infidels, and on Pakistani and U.S. interests. Police arrested Ishaq in 1997, and he was accused in more than 200 criminal cases including the killing of 70 Shiites. But the prosecution could never prove the case, in part because of witness and judge intimidation, and he went free in 2011.

The arrest comes as the country is undergoing a surge of sectarian attacks, many by Sunni Muslims who view Shiites as infidels. Much of the violence has come in Pakistan's southwestern Baluchistan province.

Gunmen shot to death a Shiite Muslim judge along with his bodyguard and driver Thursday in Quetta, the capital of Baluchistan, said senior police official Wazir Khan Nasir. The police suspect it was a sectarian killing, he said.

Also Thursday, fighting continued for a seventh day between security forces and Taliban militants who came from Afghanistan to attack an area in northwest Pakistan, officials said. The fighting in the Bajur tribal area killed eight militants, two anti-Taliban militiamen, a soldier and a female civilian, said a local political official, Nazimeen Khan.

A total of 73 militants, 14 militiamen, 10 soldiers and 11 civilians, including six women and four kids, have been killed in the week of fighting in the Salarzai area of Bajur, said Khan.

___

Associated Press writers Munir Ahmed and Rebecca Santana in Islamabad, Babar Dogar in Lahore, Abdul Sattar in Quetta, Pakistan, and Anwarullah Khan in Khar, Pakistan, contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-08-30-Pakistan/id-fee70586a7b64428890813add8df58db

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Get Ready for Isaac-Home Improvement Tips | Blass Residential ...

With the remnants of Hurricane Isaac expected to drop several inches of rain on us this weekend, take some time now and inspect your home to make sure it?s ready:
-Caulk any windows, doors or vents that show cracks
-Make sure your gutters are clear
-Downspout extensions will move water away from your foundation
-Domed plastic covers will keep water away from your basement windows
-Keep valuables off the basement floor if it?s prone to flooding
-A properly graded yard will help the water flow away from your house
-Consider investing in a battery-powered sump pump for your basement so it?ll keep working, even if the power goes off

Source: http://brshomescaping.com/2012/08/30/get-ready-for-isaac-home-improvement-tips/

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The nation's weather

Dangerous storm Isaac churned across the Gulf of Mexico, poised to bear down on the northern coast later Tuesday.

The storm's large size threatened to move an enormous amount of water in the northern Gulf with a storm surge forecast to be the biggest impact along a swath of coast stretching across Louisiana, Mississippi and Alabama.

A storm surge of several feet was likely for the central Gulf Coast and into the Mississippi River delta as Isaac appeared poised for landfall as early as Tuesday evening.

Isaac has a tremendous amount of moisture associated with it, and up to 10 inches of rain are expected to fall through the central Gulf Coast in areas most impacted by the storm. Even though the center of Isaac may move over New Orleans, it will affect a much wider area.

Elsewhere, the tail end of a cold front will continue to provide rain and some thunderstorms through the Carolinas and Virginia.

The Northeast will see temperatures rise into the 70s and 80s, while the Southeast will see readings in the 80s and 90s. The Southwest's temperatures will rise into the 90s and 100s, while the Northwest will see temperatures in the 70s and 80s.

Temperatures in the lower 48 states ranged Monday from a morning low of 30 degrees at South Lake Tahoe, Calif., to a high of 106 degrees at Palm Springs, Calif.

___

Online:

Weather Underground: http://www.wunderground.com

National Weather Service: http://iwin.nws.noaa.gov

Intellicast: http://www.intellicast.com

Source: http://news.yahoo.com/nations-weather-094902441.html

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Top 3 Most Outrageous RNC Preparations

COMMENTARY | TAMPA, Fla. -- The Republican National Convention is less than a week away?dun, dun, dun!

OK. So the exaggeration might not be necessary; it's not like the delegates will be fighting each other to their deaths -- though that would probably be more entertaining to the younger generation. However, the convention will have some drastic effects on the city of Tampa, especially on the students attending the University of Tampa who will be witnessing all of it firsthand.

50,000 guests, including the press, delegates, and protestors, will all be crammed into downtown Tampa at the Tampa Bay Times Forum from Monday to Thursday, and yet, the crazy only starts there. Over the past couple of days, I've learned more and more about the preparations that have been made by the university and the city to make life "easier" for students, residents, and guests. Here are the top three most outrageous preparations as we come within a week to the start of the RNC.

Outrageous RNC preparation #1 -- Across the river from UT, in the Curtis Hixon Park, a club has been built for the delegates. First off, why do the delegates need a club? Are they going to party and dance on tabletops after long hours of debating and talking to one another at the convention? Living arrangements, which will shut down Kennedy Boulevard at 11 a.m. and at 3 p.m. every day, will already separate the delegates from each other and require 500 buses to transport them from their hotels to the convention and back. So are they going to shut down the "Gateway to Tampa" for an extra third time each day? It's not like the buses aren't already causing traffic issues?

Outrageous RNC preparation #2 -- Speaking of traffic, UT administration and faculty are voluntarily staying at the Howard Johnson to beat any traffic jams that may derail them from being at school on time. I guess that beats arriving to UT before 7 a.m. like other professors have decided to do. For instance, Dr. David Krahl, visiting assistant professor of criminology and criminal justice, intends to arrive by 6:30 a.m. so that he is available for his students and not stuck in bumper to bumper traffic. The way he looks at the situation is "plan for the worst, and hope for the best," as the age-old Army adage goes.

Outrageous RNC preparation #3 -- Unfortunately, some students may have to plan for the worst, such as missing class, if the city decides that the convention is too crowded and has to pull the bridges up that connect the downtown area to the rest of the city. By pulling the bridges up, the freshmen boarding at the Howard Johnson will have no way to get to the university, except by water taxis. It's hard enough to make sure you wind up in the right classroom on time during the first week of college, never mind finding a water taxi that will bring you across the river to get you to class on time -- though water taxis will be available to students as long as they are wearing their neon green lanyards with their Spartan I.D. cards.

Sadly, this doesn't even put a dent on the list of outrageous preparations for the RNC and more will it will most likely be added on by the time the convention is over. So to those who will be in Tampa during this historic time, may the odds be ever in your favor.

Stef Crocco is a sophomore at the University of Tampa.

Source: http://news.yahoo.com/top-3-most-outrageous-rnc-preparations-150300741.html

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Why hard disk drive dropped data can be restored ? Scope Articles

We specialize in safe and secure hard disk data recovery and also data and file extractions from hard disk drives. Hard disk drive data recovery is each of our primary focus.
Each time a hard drive physically does not work out, sometimes the mechanised parts of the hard travel remain undamaged. This may happen, for example, if the hard drive is at the mercy of a power surge or a discharge of static electricity.

In these cases, it is usually possible to take the mechanical components out of the hard drive set up and place them directly into another identical hard drive unit. This should be done in a clean-room environment, to prevent dirt from damaging hard drive.
Hard drive equip failures are very widespread. When the hard drive arm fails, there is a great chance that it will destruction the hard drive platters.

file recovery tool

Whenever you hear the clicking noises from your hard drive which signal a hard push arm failure, back all necessary files immediately and electrical power the system down immediately.

If the hard drive platters weren?t damaged, a data recuperation specialist may still be capable of recover data from a hard drive with a broken hard drive arm.
Absolutely no drive platter will be manufactured perfectly. Customers with rock-bottom prices some bad locations on the platter area. Modern hard drives automatically mark those poor spots as unusable and do not store data there.

Sometimes negative spots will develop through the life of the hard drive. The hard drive will certainly mark that area bad and attempt to move the data to a good spot on the hard push. This may, or might not exactly, result in the loss of several data.

Serious hard disk platter failures can take place as a result of hard drive equip failures. In these cases, hard drive platters are being nicked. Your data is being damaged right off the surface of the platters! It is possible to hear this injury occuring. These disappointments are very expensive or impossible to recover.
Hard disk drive data recovery is the process involving recovering lost info from a hard drive when the data cannot be readily accessed through regular retrieval methods. No matter whether your hard drive offers locked up or has completely crashed there is a good chance the data could be recovered by using a selection of hard drive data retrieving techniques.
Hard disk recuperation is possible because of data remanence, which means that some information continues to exist for the hard disk drive even after it is often deleted. While data remanence is beneficial to hard disk drive recovery, there is also a negative aspect; that is, data remanence is among the most convenient tools utilized in cyber-espionage. That?s why computer security professionals tell you that simply removing a file doesn?t often completely delete it.

For more information about data recovery for hard disk please visit the website.

? 2012 Scope Articles

Source: http://www.scopearticle.com/why-hard-disk-drive-dropped-data-can-be-restored/

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Torrent Power Ltd Energizes ACCC Transmission Line in India

Torrent Power Ltd has energized the first ACCC conductor transmission line installed in India. The ACCC 629 kcmil (318mm2) Lisbon size conductor was installed to double the capacity of an existing 132 kV transmission line between two substations in Ahmedabad, one of the major cities in the western part of India, in the state of Gujarat.

Torrent Power Ltd stated, ?We are pleased to have energized the first of two circuits of ACCC, and we are actively taking steps to increase our grid?s capacity through a second installation by this year?s end.?

Torrent Power Ltd is one of the leading electrical utilities in the Indian power sector and part of the Torrent Group, an organization committed to its mission of transforming life by serving two of the most critical needs, healthcare and power. Torrent Power Ltd has a generation capacity of 1647.5 MW and distributes power to more than three million customers in the states of Gujarat, Maharashtra and Uttar Pradesh.

The ACCC composite core was produced by CTC Global in Irvine, California and the finished conductor delivered to Torrent Power Ltd was manufactured by Sterlite Technologies Ltd, one of CTC Global?s ten international manufacturing partners. The project was delivered by Sterlite Technologies Ltd on a turnkey basis, under the guidance of CTC Global.

Source: http://feedproxy.google.com/~r/td-most-read/~3/DLmiye1CRbM/index.html

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Mindshift and trusts: Obtain good advice! | Greyvensteins Incorporated

The word trust is often used quite loosely and in a variety of contexts. In this article we deal with the correct approach to considering the inclusion of a trust as part of your family?s estate planning. The type of trust discussed is accordingly a typical discretionary trust. In such a trust the trustees are the owners of the trust assets and manage such on behalf of the beneficiaries, and can, in their discretion, decide whether beneficiaries should receive benefits or not. Most family trusts are such discretionary trusts.

But where do I start with the decision of whether a trust or even a further trust should be included in my estate planning? Answer these selfhelp questions and decide for yourself whether you are ready for a trust or not. The first step to good planning is to decide whether a mindshift is not maybe required.

Are you a ?control freak??

If you use a trust in your estate planning structure, you must be prepared to forget about exclusive control of your trust?s assets. A trust within such a structure is an entity where the trustees exercise joint control of the trust assets because they are joint owners thereof. You will thus have to trust your co-trustees. If you want to run the show without co-stars, a trust may not be appropriate for you.

Are you clever and miserly?

The law of trusts is interesting but also complicated. Read literature on trusts and you will quickly notice how easily people burn their fingers because they did not obtain the best advice. You should at least use the services of a knowledgeable and experienced attorney or auditor. Be careful in being so brave as to take shortcuts and save money by doing it yourself. Someone that gropes around in the engine of his new car on Saturdays to save money without the specialist help of a trained mechanic is not really that clever! The same principle applies to trusts. Excellent trust advisors are available but you should be prepared to pay for their services.

Are you impulsive and undisciplined with your estate planning?

A trust must always seamlessly fit into the rest of your long-term plans. This requires discipline and attention to year-in and year-out maintain a proper structure. A trust usually does not work if it is decided on without taking account of the bigger and long-term picture. Also forget the idea that a trust is a magic wand that will magically take care of all your tax problems!

If you answered no to the above three questions, or if you are prepared to make a mindshift, a trust(s) can be useful to you as a part of your future planning and be of benefit to yourself and your people. You can even save money. Think for example of the following:

A trust cannot die. If you or one of your family members who is a beneficiary of a trust, pass away, the trust continues forward in accordance with the basic planning put in place by you, which hopefully was done properly. In this way the family of the deceased can avoid many difficulties such as estate duty tax, executor fees and the administrative burden of a deceased estate. Even if the unfortunate situation should arise that a beneficiary can no longer look after his or her own finances, the need for a curator is avoided as the trustees fulfil this role. Again, proper planning is of seminal importance.

The assets of a trust is protected against risk. If the basic trust planning was properly done and the structure is properly maintained, financial risks (such as unforeseen claims against trustees or beneficiaries) can be managed in such a way that creditors cannot touch the assets of the trust.

Who then requires a trust as part of his estate planning? If you are working hard to build up assets and are concerned about protecting those assets for your successors, then talk to a knowledgeable trust advisor. He or she will analyse your future planning picture and take you on the interesting journey of our trust law.

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Source: http://www.greyvensteins.co.za/mindshift-and-trusts-obtain-good-advice/

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The Seven Golden Rules to Sage Investing

August 23rd, 7:00 am by Brett Chatz

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The entire process of investing can be made easy by following the seven golden rules to Sage investing.? Beginners that would like to learn how to ?play? the stock market will find that by following these seven rules, it will feel less like gambling and more like business.

Rule #1: Education

Start with the basics in the learning curve to investment success.? Acquire a firm grasp of basic accountancy principles to begin, and then learn how to read and assess annual reports and stock market history.? It is imperative to understand the scoring system.

Rule #2:? Invest in Investment Software

Do your research and learn to empower your position with two types of software.? One is for personal money management and will keep track of costs for subscriptions, stockbrokers, profits and losses.? The second will be utilized for technical and fundamental analysis, tracking stock and fun prices, storing company information and more.

Rule #3:? Take it Seriously

The stock market and investing is very competitive, and should be considered a business.?? This is not gambling, so take it seriously.? Gain skill by clarifying questions such as ?Will this trade, software, subscription, or investment make money or lose money??? Understanding the profit and loss of the company as well as your own will lead you to more skilled decisions.

Rule #4:? Broaden Your Horizons

A broad-based education in corporate finance, personal finance, economics, taxation, and investment theories will help, but do not necessarily seek to be a ?jack of all trades? in the investment arena.? Rather, excel in a few areas of the world or business and apply that expertise.?? Once these areas are located be sure to spend time each week staying current and abreast of news and information regarding your ?area of expertise?.

Rule #5:? Locate a Good Investment Service

While it may not come cheap, it will certainly become valuable.? Choose a stock market service in which to subscribe and profit while learning the ropes.? Services available offer assistance with picking stock, trading and portfolio management, and educational services.? The up- front cost of the service can be absorbed by profits if things go well.

Rule #6:? Manage Money Well

Every investor will encounter loss and for this reason it is crucial that investors understand the vital concept of asset allocation.? No one investment or individual holding should wipe out an entire portfolio.? The key is effective allocation and expert investors may not share tips and tricks of the trade, but they will share this ? the way in which you allocate your investments is key to long-term success.

Rule #7:? Practice, and Practice Some More

Prior to real-time investing become familiar with the stock market, and a few companies in particular.? Note why you like them and then follow their stock.? Watch, and learn whether your decision would have made money, or lost money.? Chart the movements of the stock market and the companies that you are watching each day, manually, because comparison counts.? Forego the computer software that tracks the movements for you and remember, this is a learning curve.? Get back to basics and use this manual exercise as an experience that will give you the ?feel? for movements in price.

?

Please feel free to comment on this financial article. We welcome your feedback!

Tags: featured

Source: http://www.etoro.com/blog/forex-news/23082012/the-seven-golden-rules-to-sage-investing/

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Insert Coin: Instacube is a hip, Android-based digital photo frame for your Instagram feeds

In Insert Coin, we look at an exciting new tech project that requires funding before it can hit production. If you'd like to pitch a project, please send us a tip with "Insert Coin" as the subject line.

Ever wished you had another option aside from using Instagram's mobile apps and permalinks for viewing your retrofied photos? The folks at D2M certainly did, resulting in what it likes to call Instacube. The square gizmo is essentially a 7.5-inch (2.5 inches deep), OneStep-themed digital photo frame purposed specifically for displaying and interacting with Instagram photo feeds. Up front, a 6.5-inch LCD touchscreen (600 x 600 resolution, the full resolution of photos on the service) allows you to tap between pictures and type when needed. Apart from that, three physical buttons on its top handle power, switching feeds and favoriting photos. Basically, the unit looks out for your specified hashtags so it can follow multiple Instagram feeds and automatically cycle through the images -- niche yes, but it's still undeniably cool. Android runs the show (no word on what version) atop an undisclosed ARM processor that's bundled with 4GB of storage and 256MB of RAM, while b/g/n WiFi keeps it connected to Instagram independently. Speaking to its OS, tinkerers should be pleased to know that D2M plans to continually enhance its functionality, and potentially open it up to developers. Also worth note, Instacube sports a built-in rechargeable battery, allowing you have it operate completely untethered when the mood strikes.

Interested in pledging your own coin to help fund the project? 1,000 backers can get in on their own Instacube for a cool $99, after which it'll jump to $150. Another 1,000 can get a duo for $199, and the same goes for a limited edition "vintage spring" green variant that'll set you back $249 a piece. Past that, bulk options are on offer maxing out at $5,000 for 40 units, and $10,000 for 25 and a "Design Experience" with D2M. All in all, the Instacube project has 31 days to reach a $250,000 funding goal, with the first units set to ship in March 2013 if all goes well -- hopefully we'll see more than just renders of it well before then. Hit up the project at source link and the video overview past the break if you're interested in liberating your Instagram snaps to that larger display.

Continue reading Insert Coin: Instacube is a hip, Android-based digital photo frame for your Instagram feeds

Filed under: Misc. Gadgets

Insert Coin: Instacube is a hip, Android-based digital photo frame for your Instagram feeds originally appeared on Engadget on Tue, 21 Aug 2012 09:24:00 EDT. Please see our terms for use of feeds.

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I Mental Health The Major Concern With Forefoot Varus | I Mental ...

Running is an effective way to get fit for general health and fitness and also to get prepared for additional sporting activities. Such as any exercise jogging is not really without its concerns as well as a variety of sporting men do get an injury per year. The incidents can be not severe and they are frequently considered overuse injury. These types of injury include troubles such as knee agony, shin agony and heel pain. Some of the most frequent reason for these types of injury is often a mix of poor jogging approach, performing too much too quickly, not making use of the appropriate jogging sneakers and poor foot biomechanics (more).

The actual poor feet biomechanics changes the particular approach that you run. The results of it could be to overload various tissues in some other part of the feet and leg. However, if those aspects of the anatomy are unable to consider the load, afterward an injury will develop. There are numerous reasons for poor feet biomechanics. A number of these really are little deviations within the anatomy that would not typically bring about any sort of difficulties, however when the extra stress connected to jogging is added, they can indeed be enough to result in a personal injury. Several other factors behind poor foot biomechanics usually are acquired and may even be due to raises around muscle tightness. A frequent anatomical trigger of poor foot function is actually a situation called forefoot varus (more).

On a forefoot varus the inside edge with the feet is definitely off the floor when the heel is held vertical. This implies that the feet needs to roll inwards on the ankle joint to get to the floor so that is flat. That rolling within can cause many different symptoms inside sporting men. There will be only one strategy to care for this condition (more) is certainly to utilise a feet orthotic to bring the floor close to the feet so that it does not need to role inwards along the ankle joint and cause the difficulties.

Source: http://imentalhealth.net/mental-health-disorders/anxiety/the-major-concern-with-forefoot-varus

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Opinion Forum ? Pacific Diary

August 22nd, 2012

By Jan Barry

In the summer of 1942, on his 21st birthday, Alfred Theodore ?Ted? Graham, Jr., a trumpet player, volunteer fireman, and newspaper reporter from Jacksonville, New York, enlisted in the U.S. Navy.

After training as an aerial gunner-radioman, ATG was assigned to Bombing Squadron 15, serving on the aircraft carrier USS Essex, which departed Pearl Harbor, Hawaii, on May 2, 1944, for combat duty in the Pacific.

Between flights in dive bombers engaged in battles with Japanese forces over islands from tiny Wake to the Philippines, Iwo Jima to Formosa, ?Otto? Graham took copious notes and wrote letters, diary entries, and articles for the ship?s newspaper and an aircrew newsletter, commenting on virtually everything ? until the morning of November 11, 1944 (Armistice Day), when he was killed in a sea battle in Leyte Gulf.

Among ?Gunner? Graham?s possessions, shipped home in a small gray box stenciled ?Camera Assembly Gun Sight Aiming Point,? was a flight log book recording dozens of dive bomber missions, two gray-covered diaries detailing daily life from the state of his bowels to the swirl of battle, photos of himself and friends in flight uniforms and at ease in tee shirts, notes on midnight thoughts, ribald ditties on Navy life, snapshots of Hawaiian good-time girls. Posthumously, he was awarded the Distinguished Flying Cross and numerous other medals. His name was engraved on the flagpole at Camp Barton on the shore of Cayuga Lake, where he had made Eagle Scout.

Ted Graham was my uncle, whose legacy prodded me as I grew up ? to be a better Boy Scout, to join the Army and go to war, to be a better writer. It has taken much longer than planned to figure out how to share his war diaries ? hastily jotted in pencil and pen and hard to read in many spots ? with the public. Then it dawned on me to post what I can on a website, along with other items saved in a family scrapbook. Here are some excerpts from the website ? http://atgrahamjr.blogspot.com/ ? which is a work in progress:

Hand-written notes sent home after he was killed in action:

Man, it seems, is conceived, born unto the world, lives his life, then leaves the world. But man born unto a war world generation may live but only a part of that life, not realizing even the lesser of his dreams. I am of that age and thinking perhaps some chronicler may some day wonder what some of this great group thought, dreamed, cherished and felt. From the war many will live, of course, but they, in their busy life, may take no time to write their thoughts. Hence, this:

For 20 years a man doesn?t have much to show?physically. A class ring, pilot?s wings, maybe, a cuff link or two ?

I WANTED WINGS

I wanted wings ?till I got the God-damned things,
Now I don?t want ?em anymore!
They taught me how to fly,
Then they brought me here to die
I?ve had my belly full of war!
You can save all those Zeros
For the God-damned heroes,
Cause Distinguished Flying Crosses
Don?t compensate for losses.
I wanted wings ?till I got the God-damned things,
Now I don?t want them anymore!

I?ll take the dames while the rest go down in flames,
I?ve no desire to be burned!
Air combat?s no romance
It made me wet my pants,
I?m just an asphalt Arab I have learned.
You can save the Mitsubishis
For the crazy sons of bitches.
I?d rather have a woman,
Than get shot up in a Grumman.
I wanted wings ?till I got the God-damned things,
Now I don?t want ?em anymore!

I?m too young to die
Even in a PBY
That?s for the eager not for me!
I wouldn?t trust my luck
To be picked up in a Duck
After I?d crashed into the sea.
I?d rather be a bar sop,
Than a flier on a flat-top,
With my hands around a bottle,
Rather than around a throttle.
I wanted wings ?till I got the God-damned things,
Now I don?t want ?em anymore!

There is no promotion
On this side of the ocean,
And the guys at home don?t really care!
You can have the new style chutes
And those fancy fighter boots,
I?ll take comfy slippers and a chair.
You can be a hot shot in a Wildcat,
I?ll take the hot-spot in a top hat.
To be the leader of a flight,
Ain?t my idea of delight.
I wanted wings ?till I got the God-damned things,
Now I don?t want ?em anymore!

At my bit I?m not a chafin?
For the joy of doin? strafin?
I hate the violent use of tail and rudder!
As for livin? like Flash Gordon,
I?ll take boating on the Jordan,
I?m a simple soul and all for home and mudder.
You can have your shoulder holster,
I?ll take resting on a holster,
And I?ll trade my long ?pig sticker?
For a tall cool drink of likker.
I wanted wings ?till I got the God-damned things,
Now I don?t want ?em anymore!

Hey waiter ? bring another round!

At least 14 of the VB-15 tail-gunners in this undated group photo died in combat actions in the Pacific between May 19-November 14, 1944: Sam Hogue, Guy Henry, Ken Jackson, Bill Lowe, L.G. Murray, J. Daniel Downey, George A. Duncan, Stan Whitby, Carl Shetler, Norm Schmidt, Chuck Swihart, Ted Graham, Paul Sheehan, Simon Dorosh. In most cases, they died with their pilots. In some cases, pilots died and gunners survived.

Of the 100 pilots and gunners in VB-15 who sailed to war in 1944, ?45 came home unhurt. That was the highest loss rate in any Navy dive bombing unit during WWII,? according to research by Steven R. Whitby for his book, ?World War II Exploits of Bombing Squadron 15 and the Short Life of ARM2c Stanley Nelson Whitby while Flying from the USS Essex (CV-9) in 1944.?

Losses for Air Group 15, which VB-15 was attached to along with fighter planes and a torpedo-bombing unit, were ?Pilots: 43 killed or missing and 12 wounded. Crewmen: 29 killed or missing, and 13 wounded,? according to ?Pacific Champions? by Morris Markey in Liberty magazine, May 26, 1945.

For more information:? http://atgrahamjr.blogspot.com/

Articles written by Jan Barry
Tags: airman, combat, Graham, killed, losses, Navy, Pacific, World War II
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Source: http://opinion-forum.com/index/2012/08/pacific-diary/

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UK borrowing unexpectedly rises in July

LONDON (AP) ? The British government's attempts to cut its deficit were thrown off track Tuesday when it revealed it borrowed more money than expected in July due to a fall in money raised from taxes.

Public sector borrowing in July hit 600 million pounds ($945 million), compared to a surplus of 2.8 billion pounds a year ago, the Office for National Statistics said Tuesday. The public sector usually posts a surplus for July as it is a strong month for tax receipts. However, tax revenues for the month were down nearly 1 percent, with corporation tax revenue falling by 10 percent.

The figures suggest the U.K. may overshoot its full-year borrowing target, and will open up the debate on the effectiveness of the government's austerity measures, which were introduced to bring the U.K.'s deficit back under control.

"Part of the increase in July's borrowing can be attributed to a fall in corporation tax receipts but, for the most part, the increase in borrowing is because of overall weakness in the domestic economy," said Nida Ali, economic adviser to the Ernst & Young ITEM Club.

Britain's 1.5 trillion pound ($2.4 trillion) economy is the third-largest in the 27-country European Union after Germany and France. The country has been in recession for the last nine months, with a reported drop in output of 0.7 percent in the second quarter. The statistics agency will release its revised estimate for the period on Friday, with analysts expecting an upward revision, though remaining negative.

The Bank of England has forecast a return to growth in the second half of the year, but only strong enough to leave the country's full-year GDP about where it was at the end of 2011.

For the fiscal year which began in April, the statistics agency reported that public sector borrowing was 9.3 billion pounds ($14.7 billion) higher than a year ago.

If that trend continues, borrowing for the full year would be about 160 billion pounds, or 40 billion above the government target, said Vicky Redwood, chief U.K. economist at Capital Economics.

Part of the dip in corporation tax receipts reflected the temporary closure of the Elgin gas field in the North Sea earlier this year following the discovery of a leak on a platforms operated by French company Total.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-08-21-Britain-Economy/id-b9e0d5a921324b8893a782b675c03cc5

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Demonhunters

200 years after a devastating war, the world of Callia faces a new threat: The Demons. Portals have opened everywhere and it is up to any hero to defeat the demon army.

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Aniihya

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Are fantasy abilities allowed and if so on what races?

Forgive me for being new. :p

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Accounting and tax implications of sale and ... - Business Islamica

The author explores the differences in accounting approaches between the International Financial Reporting Standards (IFRS) and the accounting standards of the AAOIFI, and the relevant tax implications.

Conventional loan transaction

As a starting point, it is worthwhile considering the accounting treatment of the following transaction:

• On the 1^st of January, 2012, company A borrows $100 from conventional bank B for three years.
• Interest of $5 per year is payable annually in arrears.
• When the loan is repaid on the 31^st of December 2014, company A must repay $110 to redeem the loan, as well as paying the interest of $5 for 2014.
• The loan is secured on company A?s building, which was bought by company A many years ago for $20, and is now worth $150.

Ignoring any difference in the number of days from 2012, it being a leap year, this is equivalent to borrowing money at approximately 8.0766% as demonstrated by the loan table:

Economics of conventional loan
?	B/F	Interest	Repayment	C/F
2012	100.00	8.08	-5.00	103.08
2013	103.08	8.33	-5.00	106.41
2014	106.41	8.59	-5.00	110.00

The borrower will report interest expense of $8.08, $8.33 and $8.59 during the three-year period, with the lender reporting the same amounts as interest income. These differ from the $5 cash interest payments, since the $10 loan repayment premium must be spread over the three year life of the loan.

?

Sale and leaseback transaction

Meanwhile company C also happens to own a building worth $150 which it bought many years ago. Company C enters into the following transaction with Islamic bank D:

• On the 1^st of January 2012, company C sells its building to Islamic bank D for $100.
• Islamic bank D leases the building to company C at a rent of $5 per year payable annually in arrears.
• Islamic bank D enters into a sale undertaking, whereby it agrees that if on the 31^st of December, 2014, company C offers to purchase the building for a price of $110, then Islamic bank D will agree to sell.
• Company C enters into a purchase undertaking, whereby it agrees that if on the 31^st of December, 2014, Islamic bank D offers to sell the building to company C for a price of $110, then company C will agree to buy.
• If the above purchases and sales do not take place on the 31^st of December, 2014, then Islamic bank D is free to do as it wishes with its building.

This sale and leaseback transaction has many similarities with the conventional loan transaction, as well as some differences.

Similarities

• If the transaction proceeds go as planned, at the start and end of the transaction, companies A and C own their building.
• If the transaction proceeds go as planned, companies A and C have identical cash inflows on the 1^st of January, 2012, and identical cash out?ows on the 31^st of December, 2012, 2013, and 2014.
• If the transaction proceeds go as planned, companies A and C have the use of $100 for three years, paying $25 (3x$5 + $10 at the end) for this money.

Differences

• If company A defaults, conventional bank B would be entitled to sell the building. Under the law of most jurisdictions, if the price received on the sale is $150, conventional bank B would retain $110 plus any unpaid interest; and the balance of the $150 would be given back to Company A.
• If company C fails to exercise its right to purchase, and also fails to ful?ll its obligation to buy, then Islamic bank D should in most jurisdictions be entitled to sue for speci?c performance of company C?s obligation to buy. However if Islamic bank D chooses not to sue, once the sale and purchase undertakings exercisable on the 31^st of December, 2014, have lapsed, then Islamic bank D will own the building free and clear. If it is able to sell it for $150, and Islamic bank D will be entitled to retain the entire $150.
• As the owner of the building during the three-year leasing period, Islamic bank D will have greater obligations regarding the building than would conventional bank B. However, little signi?cance attaches to this in practice, since it is standard for peripheral legal documents to pass this ownership risk back to the tenant company C, so in practice Islamic bank D expects to have obligations no different to those of conventional bank B.

Accounting for the sale and leaseback under IFRS

IFRS is about reporting the economic substance of the transactions. From an economic perspective, Islamic bank D has provided $100 to company C, in exchange for company C?s obligation to pay it $5 on the 31^st of December, 2012, and 2013, and to pay it $115 on the 31^st of December, 2014.

Accordingly, Islamic bank D would account as follows:

Islamic bank D extracted accounting figures
?	2012	2013	2014
Income statement
Financial income from leasing	8.08	8.33	8.59
Balance sheet
Investment in ?nance lease (Zero in 2014 as lease finishes)	103.08	106.41	0

The accounting for company C would be the mirror image of Islamic bank D?s accounting.

Company C extracted accounting figures
?	2012	2013	2014
Income statement
Expense of obtaining finance	8.08	8.33	8.59
Balance sheet
Building (original cost)	20.00	20.00	20.00
Finance lease obligation (Zero in 2014 as lease finishes)	103.08	106.41	0

Company C continues to show the building on its balance sheet at all times. The IFRS view is that company C continues to have full economic participation in increases or reductions in the value of the building, since it has the right and obligation to buy the building back on the 31^st of December, 2014, at the fixed price of $110. All that company C has done, in economic terms, is to use the building to obtain $100 of finance.

Its accounts should look no different than the accounts of company A, and under IFRS they do not differ apart from some footnote disclosures so that investors are fully aware of the sale and leaseback transaction.

Accounting for the sale and leaseback under AAOIFI

The introduction to AAOIFI?s 1993 Statement of Financial Accounting No. 1: Objectives of Financial Accounting for Islamic Banks and Financial Institutions says:

?Financial accounting in Islam should be focused on the fair reporting of the entity?s financial position and results of its operations, in a manner that would reveal what is halal (permissible) and haram (forbidden).?

To achieve this, it appears appropriate under AAOIFI to account for the transaction that is actually taking place, which is a sale of the building and its eventual repurchase. Islamic bank D will show the building it purchases on its balance sheet, and report the rental income and the gain from selling the building in the periods when they arise.

This leads to the following accounting for Islamic bank D:

Islamic bank D accounting figures under AAOIFI
?	2012	2013	2014
Income statement	?	?	?
Rental income from building	5.00	5.00	5.00
Gain on sale of building	?	?	10.00
Balance sheet	?	?	?
Building (cost) (Zero in 2014 as building sold back)	100.00	100.00	0.00

The accounting for company C under AAOIFI follows the same principles. In 2012 company C sells for $100 a building which it bought for $20, and reports that gain of $80 as well as reporting the rental expense of $5 each year. The $110 payment in 2014 is simply accounted for as the purchase of a building. This leads to the following accounting for company C:

Company C figures under AAOIFI
?	2012	2013	2014
Income statement
Rental expense	5.00	5.00	5.00
Gain on sale of building	80.00	?	?
(Cost US$20, sale price US$100)	?	?	?
Balance sheet
Building (cost)	?	?	110.00

It is not meaningful to ask which is right. The IFRS and AAOIFI accounting have different objectives and perspectives. IFRS analyzes the transaction entirely on the basis of its economic substance and sees it as a financing transaction. Fundamentally, this derives from the requirement to repurchase the building at a fixed price irrespective of the market value.

The main purpose of AAOIFI accounting is to satisfy the religious needs of the users of the accounts. Accordingly AAOIFI does not allow economic substance to determine the presentation of the accounts but instead gives significant weight to the legal form of contracts, and Shari?ah requirements are overriding.

Tax implications

The tax laws vary from country to country. However in generic terms two tax questions need to be considered.

Is the real estate transfer tax chargeable on the sale and the repurchase of the building?

In 2012, company C sells the building to Islamic bank D for $100, and in 2014 Islamic bank D sells it back for $110. Many countries have a tax chargeable on the transfer of real estate which should apply to these sales.

The UK introduced a special relief from its real estate transfer tax called Stamp Duty Land Tax (SDLT) several years ago. Accordingly the above sales by company C and Islamic bank D should not suffer any SDLT. A number of other countries have introduced a similar relief from their real estate transfer tax to facilitate Islamic finance.

Does company C?s sale give rise to a taxable gain?

Even though the economics of the transaction do not differ materially from the conventional loan, company C begins in 2012 by selling for $100 a building it bought for $20. At first sight, this gain would appear to be taxable.

In the UK, under current law, this sale would give rise to a taxable capital gain. The UK has already brought in a relief which applies if a sale and leaseback takes place with a special purpose vehicle that issues investment bonds (the tax law equivalent of Sukuk), but this relief does not apply if the sale and leaseback transaction takes place with a bank.

Given the precedent of relief for Sukuk transactions, it is probable that in the near future the UK will bring in a similar relief for transactions with banks.

In other countries, such as the US and the Netherlands, tax is primarily based on the economic substance of transactions. In such countries, the sale for $100 and repurchase for $110 are likely to be seen as primarily a financing transaction. The consequence would be that the sale and repurchase would be disregarded for tax purposes, so that company C would retain its historical tax basis in the building of $20.

About the Author

Mohammed Amin is an Islamic finance consultant and was previously the UK head of Islamic finance at PwC.

?

Source: http://businessislamica.com/2012/08/13/accounting-and-tax-implications-of-sale-and-leaseback-2/

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