US Treasury Secretary: “We need the ability to seize firms”

Filed under: Uncategorized — @ 1:20 am, June 12, 2019.

Wednesday, March 25, 2009

Treasury Department secretary Timothy Geithner and the Obama administration are pressuring Congress to allow the government to seize troubled financial institutions such as insurance companies and investment firms. Currently, banks are the only such entities that the government has authority to take over.

Speaking before the House Financial Services Committee, Geithner said “The United States government does not have the legal means today to manage the orderly restructuring of a large, complex non-bank financial institution that poses a threat to the stability of our financial system.”

Committee Chairman Barney Frank (D-MA) agreed, saying, “When non-bank major financial institutions need to be put out of their misery, we need to give somebody the authority to do what the FDIC can do with banks.”

Geithner would work with the White House and Federal Reserve to execute any such takeovers.

The expanded powers would have allowed the seizure of companies such as pariah AIG, which has already received US$180 billion in government aid. The recent controversy over the payment of bonuses has bumped up the plan to high priority. It was initially to have been part of a more comprehensive overhaul by the government of the financial regulatory system.

Not all are happy with the proposal. Republican House minority leader John Boehner derided the plan, saying it would be “an unprecedented grab of power.”

Maxine Waters (D-CA) criticised the government for its lack of transparency in dealing with the current crisis, and questioned Geithner on whether firms such as Goldman Sachs had received preferential treatment by the government. Such probing may indicate reluctance on the part of Congress to grant the expanded powers.

Other than simply taking over a firm, the government would also be able to purchase its assets, guarantee losses, and take out a partial ownership interest.

“It is a terrible, tragic thing that this country came into this crisis with such limited tools for trying to protect the economy itself from the kind of distress that would come as the system came back down to Earth,” Geithner summarized.

On the campaign trail in the USA, October 2016

Filed under: Uncategorized — @ 1:20 am, .

Sunday, November 6, 2016

The following is the sixth and final edition of a monthly series chronicling the U.S. 2016 presidential election. It features original material compiled throughout the previous month after an overview of the month’s biggest stories.

In this month’s edition on the campaign trail: the Free & Equal Foundation holds a presidential debate with three little-known candidates; three additional candidates give their final pleas to voters; and past Wikinews interviewees provide their electoral predictions ahead of the November 8 election.

Contents

  • 1 Summary
  • 2 Free & Equal Debate
  • 3 Final pleas
  • 4 Predictions
  • 5 Related articles
  • 6 Sources

Losing Weight: Overcome Five Psychological Factors Causing Your Belly Bulge

Filed under: Cosmetic And Reconstructive Surgery — @ 1:01 am, June 11, 2019.

By Alan Moore

Anyone who has ever lost weight will tell you that the process is not easy. Many say that “the road to hell is paved with good intentions,” and in a similar way, the road to weight loss is paved with chocolate fences and mountains of candy.

That being said, most of us realize that to lose weight, we need to perform some manner of exercise, eat a balanced diet, and somehow manage to sustain this new lifestyle. Almost all of us seasoned dieters start out with the best of intentions, only to be found facedown in a plate of syrupy pancakes a few days later. Why is this? Are there psychological factors that may be hampering our attempts to shed our wobbly rolls?

Here is an overview of the top five psychological factors which may be hindering your diet attempts, as well as some advice as to how you can overcome them:

The Failure Factor

Especially if you feel like you have been on and off the diet wagon several times, you might be stuck in an emotional cycle of failure. You failed on your last diet, you actually gained weight on the diet before, and so you pretty much know that it is only a matter of time before this new diet fails, right? Wrong! This is a new day and a new diet. Your previous failures are in no way related to this current attempt. Ensure that you have written down a list of goals to remind yourself of why losing weight is so important to you. This way, if you find yourself straying from the balanced diet trail, you will have added motivation to continue.

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The Comfort Eating Factor

Most of us have at one time or another come home from a bad day of the office, and raided the refrigerator to find some solace. If you are constantly medicating your mind with food, your balanced diet is unlikely to work. Try to find other ways of relieving stress, like exercise, reading, relaxation, or journaling, to take the emotional emphasis away from your food.

The Depression Factor

If you find yourself feeling low, sad, or depressed most of the time, these feelings could be preventing your diet and exercise regime from working optimally. Perhaps you feel too tired to exercise, or maybe you find yourself lacking the energy required to prepare healthy, balanced meals. Depression is a serious illness, and it is very important to seek help and treatment from a health professional.

The Binge Factor

One of the major problems with fad diets, or unsustainable diets, is that they make you feel horrible. After a few days or cabbage soup and celery sticks, you might find yourself binging on every unhealthy food source you can find. The main thing you can do here is to ensure that you have done some research prior to beginning the diet. If the plan involves cutting out a food group or replacing one food group with another, the chances are that this won’t work for you. Choose a well-balanced diet founded on a good nutritional premise, and put the binge factor to bed for good.

The Stress Factor

Stress is at best unhealthy for our bodies, and at worst terrible for our weight! Stress raises our cortisol levels, which essentially means that we end up storing fat much deeper in our bodies than we might suspect. Reducing stress means that we reduce sugar cravings, depression, or binge cycles. Try relaxation, yoga, meditation, or deep breathing exercises to alleviate stressful feelings.

Losing weight is not as simple as just the diet and exercise. Take steps towards eliminating psychological factors, and you will find that your mind and body feel lighter and happier!

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National Hockey League news: February 22, 2008

Filed under: Uncategorized — @ 1:03 am, June 8, 2019.

Friday, February 22, 2008

There were 9 games played in the National Hockey League on February 21, 2008.

Contents

  • 1 Game summaries
    • 1.1 Tampa Bay Lightning @ New York Islanders
    • 1.2 San Jose Sharks @ Philadelphia Flyers
    • 1.3 Atlanta Thrashers @ Carolina Hurricanes
    • 1.4 Buffalo Sabres @ Toronto Maple Leafs
    • 1.5 Pittsburgh Penguins @ Montreal Canadiens
    • 1.6 Columbus Blue Jackets @ Ottawa Senators
    • 1.7 Boston Bruins @ Florida Panthers
    • 1.8 Vancouver Canucks @ Nashville Predators
    • 1.9 St. Louis Blues @ Los Angeles Kings
  • 2 Other news
  • 3 Sources

eBay buys VeriSign payment service division

Filed under: Uncategorized — @ 1:25 am, June 7, 2019.

Wednesday, October 12, 2005

eBay and VeriSign announced an agreement late Monday for eBay to acquire VeriSign’s debit and credit card processing division. This division would become a part of eBay’s PayPal.

eBay will pay VeriSign $370 million in cash and stock for this division. Starting in the coming year eBay will begin using two-factor authentication from VeriSign. Two-factor authentication is a type of transaction protection that gives users digital certificates or one-time passwords helping to protect against identity theft.

“This acquisition allows PayPal to give our customers more choice in payment services and grow our merchant services business even more quickly,” said president of PayPal Jeff Jordan.

“In working with PayPal and eBay, we are going to be offering them our security technology, allowing them to offer their users stronger forms of authentication,” said VeriSign CEO Stratton Sclavos.

Last year VeriSign’s gateway business processed $40 billion in transactions. It is expected to generate an additional $100-million revenue for eBay in 2006. It is also expected to increase the customer base by 100,000. The acquisition is expected to close this quarter.

House approves Senate amended economic stimulus package

Filed under: Uncategorized — @ 1:04 am, May 30, 2019.

Friday, February 8, 2008

The United States House of Representatives has passed the bipartisan US$152 billion economic stimulus package that gives one-time rebates to United States citizens, US$600 for individuals or US$1,200 for couples plus US$300 for each child. US$300 checks would be sent to people on low-income including retirees on Social Security which was not included in the original bill backed by President George W. Bush. The plan would begin to decrease rebates for citizens with taxable incomes of US$75,000 for individuals and US$150,000 for couples. The checks would go out to more than a 130 million Americans according to Treasury secretary Henry Paulson.

The House overwhelmingly approved the more broad Senate amended bill which included the low-income portion mentioned above along with provisions that would keep illegal aliens from receiving a rebate check. Despite some opposition from some Congressmen, such as John B. T. Campbell III of California’s 48th congressional district, the plan passed overwhelmingly 380–34.

Campbell called the plan “wealth redistribution” and noted it did not have safeguards to prevent illegals from receiving these rebates and also claimed that stimulus plan would increase the deficit more and noted the cause of the looming recession was because of “credit problems.”

The United States Senate voted hours earlier on the bill which passed in the Senate, 81–16. after having to shed some incentives included by Senate Democrats which caused the bill to fail. Some of the incentives that were left out of the plan in a compromise to gain Republican support were demands for benefits for long-term unemployed workers and stipulation that would allow low-income citizens to pay off heating bills and let home builders pay off losses off the current year against previous tax years.

President Bush approved of the package, noting in a statement, “This plan is robust, broad-based, timely, and it will be effective, this bill will help to stimulate consumer spending and accelerate needed business investment.”

Transport for London wins first Anti-Social Behaviour Order against graffiti vandal

Filed under: Uncategorized — @ 1:14 am, May 27, 2019.

Tuesday, September 25, 2007

Billy Murrell, a persistent graffiti vandal from South East London, has become the first recipient of an Anti-Social Behaviour Order (Asbo) granted to Transport for London (TfL) by Greenwich Magistrates. The civil order also bans him from the top deck of buses throughout England and Wales for three years.

Murrell, a 17-year-old from Plumstead, has a history of convictions for criminal damage on public transport, including vandalising a Tube carriage in Brixton station and for damaging buses and other public property using marker pens.

This is Transport for London’s first Anti-Social Behaviour Order against a graffiti vandal — TfL was granted the power to apply for Asbos by the Home Secretary in September 2006.

The Anti-Social Behaviour Order was issued at Greenwich Magistrates Court on 12 September and also bans him from carrying any permanent marker pens or any glass cutting equipment on London Underground, railway property or any other transport provider’s property.

Metropolitan and Transport police have been made aware of Murrell’s Asbo, and have distributed his photo.

In detail, Murrell is prohibited from:

  • Entering any depot, siding or other part of London Underground property or railway property or any transport providers property which is not expressly open to the public whether on payment or otherwise throughout England and Wales
  • Carrying the following articles, in any area specified (above) or in any public place, namely any form of unset paint in any form of container, any form of permanent marker pen, any form of shoe dye or permanent ink in any form of container, any form of paint stripper in any form of container, any form of grinding stone, glass cutting equipment, glass etching solution or paste, throughout England and Wales
  • Aiding, abetting, counselling or encourage any person who was attempting or committing any form of unlawful damage towards any property not belonging to or under the direct authorised control of the defendant throughout England and Wales
  • Travelling on the top deck of the any public transport bus within England and Wales

If without reasonable excuse the defendant does anything which he is prohibited from doing by this order, he shall be liable to a detention and training order, which has a maximum term of 24 months – 12 months of which is custodial and 12 months in the community

Upon turning 18 he will be liable to imprisonment up to five years.

Atlas V rocket launches with Inmarsat satellite

Filed under: Uncategorized — @ 1:34 am, May 26, 2019.

Friday, March 11, 2005

A Lockheed-Martin built Atlas V launch vehicle, successfully launched from Cape Canaveral, Florida at 21:42 UTC (4:42 p.m. EST). It placed the Inmarsat 4 F-1 communications satellite into orbit. This was Lockheed-Martin’s second try to launch the satellite. Yesterday’s attempt ended in a scrub when the flight control computer passed a red-line with less than three minutes remaining in the countdown.

This was the fifth launch of the Atlas V vehicle, and the first launch where the rocket used three of the first stage, Aerojet built, solid rocket motors. It also had the narrower 4 meter payload fairing.

For the first part of the flight, the rocket was powered by a common booster core with two RD-180 rocket engines plus three solid rocket motors. When their fuel was expended the solid rocket motors burned out and were jettisoned.

The common booster core then continued pushing the payload and upper stage, with its two RD-180 engines producing 806,000lbf of thrust. The common booster core expended its fuel around four and a half minutes into the flight. At this point the first stage common booster core separated from the upper stage and payload.

After the stage separation, the Centaur upper stage started its engine and burned for nearly ten minutes. During this burn, the payload fairing separated from the spacecraft, leaving the satellite exposed on the nose of the rocket in the vacuum of space. When the ten minute burn was up, the Centaur coasted with the satellite for another ten minutes waiting to get to the optimal point for the final burn. At around 24 minutes into the flight, the final burn of the Centaur stage occurred, placing the spacecraft in a super-synchronous transfer orbit. After this burn was complete, the Centaur separated, leaving the spacecraft on its own.

Now the spacecraft must attempt to open its solar arrays and place itself in the final geostationary orbit. Because of this special type of orbit, where the spacecraft goes around once every 24 hours, the satellite will appear to sit in one place over the equator. From this location, Inmarsat will use it to provide BGAN (Broadband Global Area Network) which is a 3G compatible, 432kbit/s data service, to much of the world.

The Atlas vehicle was rolled out of its vertical integration facility 1800 feet from the launch pad early yesterday morning (before the first launch attempt). The reason for this launch day move is because of the clean pad concept.

Past American rockets (with the exception of the Saturns and Space Shuttles) have always been assembled on the launch pad. In the case of a delay in launching, this would cause delays in all the rockets that needed to be launched after the one that experienced the delay. With the new clean pad concept, rockets can be assembled and checked out before being moved to the pad, saving delays in the schedule.

The launch tower and rocket move out to the pad along a set of railroad tracks, making the 1800 foot journey in approximately half an hour, topping out around two miles per hour.

Because of the clean pad concept, none of the launch control electronics or spacecraft environmental systems are on the pad. Instead, they are run along the railroad tracks with the rocket as it moves to the pad on launch day. When they get there, they slide into concrete enclosures so that they are not destroyed during the rocket launch.

US fans turn out for 2012 Phoenix Comicon

Filed under: Uncategorized — @ 1:12 am, .

Saturday, June 2, 2012

Phoenix, Arizona — Last weekend, Phoenix fans of comics, science fiction, horror, fantasy, cos-play, anime and manga, Society for Creative Anachronism, and more, marked a milestone as the city held its tenth annual Phoenix Comicon at the Phoenix Convention Center. The event — which is entirely the work of more than 700 volunteers according to coordinator Colin Aprill — generated around US$5 million for the “Valley of the Sun” during its four-day run. Wikinews was there.

As one unknown source from the crowd was overheard saying, “It’s all about the fans.” Descending into the hall by escalator gave a sense of the scale to the creativity in the center. Fans could be seen scattering about in a flurry of motion on their way from one event to another and producing their own spectacle, most in costume, on their way.

This year the four-day convention in the Valley was estimated to set a new attendance record as 30,000 visitors showed. Most were clothed in costumes that transformed themselves into Batmans, creeper box heads, furries, Lady and Knight couple, pirates, pixies, Star Trek officers, Star Wars’ Empire troopers, Superwomen, and zombies. One of the most common activities at Comicon was people taking photos of each other while they took turns posing or snapping shots.

The Camp family stopped intermittently to have their photos taken by others. The Camps were led by eldest brother Jim “Batman” Camp. He attended Comicon with his sister Tina “Good Witch” Camp, who brought her daughter Katie “Super Woman.” Sibling Tony Camp, who attended with his daughter Stella “Bat Girl,” was said to be “the instigator” behind the family’s turnout at Comicon. “You get to be dressed up and can act goofy, and you don’t feel weird because everybody is dressing up, too,” said Tony about the family-friendly event.

The exhibit hall was filled with artists and merchants selling comic books, trinkets, memorabilia, wares and keepsakes. Amidst the shoppers, the photo opportunities continued to attract the most attention. For all the star-studded autograph booths and an artist alley with famed comic book artists, the most fun was simply enjoying the presence of other fans in costume.

The Thirteenth Floor Haunted House took advantage of the photo-op activity by supplying monsters “Nemesis” and “Collosus” for more of this activity. Manager Tim Pugsley says the company owns five out of the top 1300 haunted houses in the United States. The monsters’ human counterparts remained anonymous on purpose. “The characters don’t get ruined that way,” said a handler.

Montana E. had his picture taken with “Nemesis” by friend Joey Deihl, while Eddie Deleon and young Raquel Munguia posed with “Collosus.”

Fans also gathered Saturday for a flash mob event, in which people danced or acted to Michael Jackson’s mega-hit song “Thriller”. An entertainment group calling themselves “The Zombie Chicks” attended the flash mob and then later drifted in trance through the exhibitor hall of the convention center. “We’re here for the performance, not for the stuff,” said Tori Hoganson, who pointed like a bored consumer at the trinkets in a stall. She was careful to use as few words as possible to speak her mind out of character before going back mindfully to her mindless performance. She was accompanied by her friends, who in human form are known as Emmalaine Wright and Lyle Yanak. The group was watched closely and held at bay by “The Keeper” Ben Fondren, who lurked nearby as a faceless shadow.

The fans also turned out to see big stars, like William Shatner, who portrayed Captain Kirk in the original Star Trek series; LeVar Burton, who is synonymous with the ship’s engineer Geordi La Forge in Star Trek: The Next Generation; or Jon Bernthal, who was the sometimes hero and sometimes anti-hero Shane Walsh in the TV series The Waking Dead.

Father and son John and David Phelps, who are both Star Trek fans, attended the event together and were excited to see Shatner. “He can be funny, but he’s also fun to laugh at,” said John Phelps with a smile. His son David liked to laugh at Shatner when the artist attempted to sing. Shatner has had an alternative “tongue-in-cheek” career singing hits such as “Common People” on the 2004 album Has Been.

Hunter Lewis got Jon Bernthal’s autograph, which came penned with the message, “I F@&#’in hate Zombies.” Zombies were the main source of the angst that bedeviled characters in his hit TV show. Hunter’s friends Justin Rose, Ryan Scola and Taylor Fagen also met with Bernthal in the autograph line. This was just one of many examples of how friends and family were bonding and sharing together in the spectacle throughout the convention center.

There were also breakout sessions for classes, performances, gaming, and crafts. Nyki Robertson Crosby, a.k.a. “Lady Thunder,” who is the matriarch of one of the largest houses for the Society for Creative Anachronism in the Phoenix area, sponsored a class on creating a “Basic T-shirt Tunic” so that anyone who wanted to attend an S.C.A. event in costume could fit in with a minimal investment in time, effort and money. She said the secret is to create a costume that could be one someone would wear between 600–1600 A.D. “We’re the Society of Creative Anachronism and not the Society of Creative Accuracy,” Robertson Crosby said.

The Phoenix Comicon was carnivalesque in its look and feel. And it spread well beyond the convention center as knights and Wonderland characters and more walked the streets of Phoenix and lunched and dined with the “civilians”. The civilians were the ones who kept asking, “What’s going on?”

They may have been “out of towners” visiting the “Valley of the Sun” between May 24–27, because after ten years, Phoenix now has an established tradition.

This year’s largest Comicon is to be Comic-Con International San Diego 2012, July 12–15 in California.

Exclusive: ‘The Scientology Reformation’ author examines Tom Cruise and David Miscavige

Filed under: Uncategorized — @ 1:07 am, .

Friday, October 19, 2012

Wikinews held an exclusive interview with former high-ranking Scientology executive Mark Rathbun on his new book The Scientology Reformation: What Every Scientologist Should Know. Rathbun examined the close association between actor Tom Cruise and Scientology leader David Miscavige. Before leaving the organization led by Miscavige, Rathbun served as Inspector General of the Religious Technology Center within Scientology. He currently practices the teachings of Scientology and its founder L. Ron Hubbard independently of the organization managed by David Miscavige.

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