Source: mysmartrend.com --- Friday, August 02, 2013
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Saturday, August 3, 2013
Look for Shares of iShares MSCI Mexico Investable Market Index Fund to Potentially Pullback after Yesterday's 2.16% Rise
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Friday, August 2, 2013
Govs warn Washington against fiscal inaction
Wisconsin Gov. Scott Walker draws the biggest crowd of reporters following a news conference on the opening day of the National Governors Association meeting on Friday, Aug. 2, 2013, in Milwaukee, Wis. (AP Photo/Scott Bauer)
Wisconsin Gov. Scott Walker draws the biggest crowd of reporters following a news conference on the opening day of the National Governors Association meeting on Friday, Aug. 2, 2013, in Milwaukee, Wis. (AP Photo/Scott Bauer)
MILWAUKEE (AP) ? The nation's governors have a warning for President Barack Obama and Congress: A fiscal standoff in Washington this fall could be catastrophic for states already feeling the fallout of sweeping cuts in federal spending.
"When there's uncertainty in Washington, D.C., that uncertainty can affect our economic climate and revenue growth," Oklahoma Gov. Mary Fallin, a former U.S. House member, said Friday. She echoed the concerns of her counterparts in other states at their annual three-day summer conference. The meeting opens on the same day Congress was leaving Washington for a five-week break with key pieces of consequential work unfinished.
"All those things left undone, the uncertainty in Washington has an impact," she added.
The fast-approaching fiscal showdown ? and the governors' deep contempt for Washington's inability to break impasses on spending ? hung over the meeting in swing-voting Wisconsin.
As the conference began, Republicans and Democrats alike bemoaned the cost of Washington's inaction for states struggling to recover economically and striving to attract employers.
"When they see other countries invest in transportation...and we're not, that's a strike against us," said Delaware Gov. Jack Markell, a Democrat. "When you want some kind of predictability with respect to immigration ...that's a strike against us."
Washington-bashing ? a favorite pastime of governors ? was certain during a series of public sessions and private meetings intended for state leaders to trade ideas on solutions to common problems, like containing health care costs, creating jobs and ensuring homeland security. The weekend agenda included discussions on cybersecurity, prison reform and "building a national consensus on infrastructure" with Transportation Secretary Anthony Foxx.
Policy aside, the gathering also provides governors eyeing the 2016 presidential race an opportunity to build alliances, test messages and command the spotlight. Among them: the conference's host governor, Republican Scott Walker, who plans to lead a parade of Harley-Davidson motorcyclists through the streets of Milwaukee on Saturday. Other possible candidates ? Republican Chris Christie of New Jersey and Democrat Martin O'Malley of Maryland also were expected to be among the roughly two dozen governors in attendance.
Fiscal uncertainty appeared at the top of governors' concerns.
The new federal budget year begins on Oct. 1, and a stopgap funding bill will be necessary to prevent a government shutdown, which would halt the flow of federal dollars for programs in education and natural resources and could idle thousands of workers.
While Democratic and Republican leaders have signaled a desire to avert such a situation, tea party Republicans in Congress are threatening a partial shutdown if the budget includes money to implement the 2010 health care law. Another showdown also looms over must-pass legislation increasing the government's borrowing cap to prevent a default on debt obligations that could rattle the financial markets.
The drama on Capitol Hill draws particular scorn from governors, who are bound by stricter budgeting rules than the federal government.
Markell, chairman of the national governors group, led a delegation of Democratic and Republican governors to Washington in December to advise Obama and congressional leaders on the effects of across-the-board spending cuts that took effect in March.
"You go from that to a total shutdown? That takes it to another whole level," said Markell.
In an opening news conference Friday, a half dozen governors highlighted state progress on issues that Congress and the president have failed to act on.
"Congress doesn't seem to have the same cordiality," Colorado Gov. John Hickenlooper, a Democrat, quipped, when asked about gridlock in Washington. "Where's the constituency for moderation?"
Hickenlooper, who last year faced the mass shooting at a suburban Denver movie theater, discussed action he and the Democratic-controlled legislature took to require comprehensive background checks for all firearm sales, as well as an increase in mental health spending.
Still, the political divisions that have mired Washington were present in Milwaukee.
Wisconsin's Walker noted how he signed legislation passed this year by the Republican-controlled legislature increasing mental health screening, but stopping short of raising restrictions on gun sales.
"There's a much bigger issue of mental health concerns that goes beyond the tragic incidents like this," said Walker. There were two mass shootings in Milwaukee suburbs last year.
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Associated Press writer Scott Bauer contributed to this report.
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IRS pledges improvements ? Business Management Daily: Free ...
In response to the scandal involving tax-exempt applications by conservative groups, acting IRS Commissioner Daniel Werfel has released a new report outlining several ways the IRS can correct its flaws. (IRS Information Release 2013-62, 6/24/13)?The three-part report holds management accountable and identifies immediate steps for restoring integrity in areas ranging from compliance to taxpayer services.
?The IRS is committed to correcting its mistakes, holding people accountable, and establishing control elements that will help us mitigate the risks we face,? says Werfel. ?This report is a critical first step in the process of restoring trust in this critical institution. We have more work in front of us, but we believe we are on the right track to move forward.?
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Thursday, August 1, 2013
Infographic: Financial Health vs. Physical Health | Credit Karma Blog
July 31st, 2013
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If you were given the chance to get rid of your debt, but in its place you?d have to pack on some extra pounds, would you do it? If you said ?no? then you?re in agreement with the majority of Americans we surveyed. Credit Karma recently teamed up with Harris Interactive to survey 2,021 adults and found that the 72 percent of those with debt preferred holding on to that debt than gaining weight. Scroll down to see the rest of the results.
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Tell us your thoughts! What would you choose? debt or weight?
Amy Leone is the Public Relations Coordinator at Credit Karma. Before joining the team in June 2012 she spent most of her career as a TV news producer. When she?s not helping promote Credit Karma on a variety of media outlets, she?s probably out running or exploring her new state of California.
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Source: http://blog.creditkarma.com/credit-karma/financial-health-vs-physical-health-infographic/
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August 2013 - Online Gambling News
August 1, 2013
The Gaming Racing & Wagering Australia (GRWA), in conjunction with the Australasian Gaming Expo, is the premier event for the region and its all taking place in a land down under.? High profile companies such as Australian Football League, Bank of America Merrill Lynch, Bet365, Betfair, ClubsACT, Echo Entertainment, JP Morgan, Tabcorp Holdings and Tatts Group are planning to attend.? ?The schedule includes trend and innovation as the focus for Day One, social media, SEO and social gaming as the focus for Day Two and sportsbetting as the focus for Day Three.
What: Gaming, Racing & Wagering Australia 2013
When: 12-14 August, 2013
Where: Sydney, Australia
Register Online
While there are three major online gambling affiliate conferences in Europe per year, CBG Affiliate Weekend provides something just a little bit different for the community.
CBG Weekend takes place near Canada?s Niagara Falls, organized by and for online gambling affiliates.? The intent is to create an intimate and relaxed networking atmosphere for both affiliates and affiliate mangers?plus its an expensed trip to Canada, eh?? There will be several speakers covering SEO and regulatory updates throughout the weekend, all free to attend, thanks to affiliate program sponsors such as Betting Partners, Affiliate Edge, Affiliates United, Referback and more.
Some words from sponsors and speakers:
?I attended in 2012 for the first time and was able to meet up with some affiliates that do not travel to the European conferences. It?s a small, intimate conference with a strong emphasis on networking?you are able to spend more quality time with the affiliates that you work with and some that you don?t?yet?. ? Martyn Beacon, Affiliate Program Sponsor, AffiliateEdge.com
These sorts of events are great opportunities for networking and doing new business, for affiliates, operators and service providers like myself.? I?ll be doing more of a series of free workshops for those who want a bit of advice on their online efforts.? I?m expecting mostly SEO related questions, but wont limit questions to that if there?s something else I can help with.?- Mike Litson, SEO Speaker, Blueclaw Media
What: CBG Affiliate Weekend
When: 16-19 August, 2013
Where: Niagra Falls, Canada
Register for free online
Source: http://calvinayre.com/2013/08/01/conferences/calvinayre-com-featured-events-august-2013/
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Analysis: Pope's revolution; not all are pleased
VATICAN CITY (AP) ? The Francis Revolution is underway. Not everyone is pleased.
Four months into his papacy, Francis has called on young Catholics in the trenches to take up spiritual arms to shake up a dusty, doctrinaire church that is losing faithful and relevance. He has said women must have a greater role ? not as priests, but a place in the church that recognizes that Mary is more important than any of the apostles. And he has turned the Vatican upside down, quite possibly knocking the wind out of a poisonously homophobic culture by merely uttering the word "gay" and saying: so what?
In between, he has charmed millions of faithful and the mainstream news media, drawing the second-largest crowd ever to a papal Mass. That should provide some insurance as he goes about doing what he was elected to do: reform not just the dysfunctional Vatican bureaucracy but the church itself, using his own persona and personal history as a model.
"He is restoring credibility to Catholicism," said church historian Alberto Melloni.
Such enthusiasm isn't shared across the board.
Francis' predecessor, Benedict XVI, had coddled traditionalist Catholics attached to the old Latin Mass and opposed to the modernizing reforms of the Second Vatican Council. That group greeted Francis' election with concern ? and now is watching its worst fears come true. Francis has spoken out both publicly and privately against such "restoratist groups," which he accuses of being navel-gazing retrogrades out of touch with the evangelizing mission of the church in the 21st century.
His recent decision to forbid priests of a religious order from celebrating the old Latin Mass without explicit authorization seemed to be abrogating one of the big initiatives of Benedict's papacy, a 2007 decree allowing broader use of the pre-Vatican II Latin liturgy for all who want it. The Vatican denied he was contradicting Benedict, but these traditional Catholics see in Francis' words and deeds a threat. They are in something of a retreat.
"Be smart. There will be time in the future for people to sort what Vatican II means and what it doesn't mean," the Rev. John Zuhlsdorf warned his traditionalist readers in a recent blog post. "But mark my words: If you gripe about Vatican II right now, in this present environment, you could lose what you have attained."
Even more mainstream conservative Catholics aren't thrilled with Francis.
In a recent interview with the National Catholic Reporter, Philadelphia Archbishop Charles Chaput said right-wing Catholics "generally have not been really happy" with Francis.
To be sure, Francis has not changed anything about church teaching. Nothing he has said or done is contrary to doctrine; everything he has said and done champions the Christian concepts of loving the sinner but not the sin and having a church that is compassionate, welcoming and merciful.
But tone and priorities can themselves constitute change, especially when considering issues that aren't being emphasized, such as church doctrine on abortion, gay marriage and other issues frequently referenced by Benedict and Pope John Paul II.
The Vatican newspaper, L'Osservatore Romano, used the word "gay" for perhaps the first time in its 150-year history on Wednesday, in an article marveling at the change Francis has brought.
"In just a few words, the novelty has been expressed clearly and without threatening the church's tradition," the newspaper said about Francis' comments on gays and women. "You can change everything without changing the basic rules, those on which Catholic tradition are based."
The biggest headline came in Francis' inflight news conference on the way home from Brazil this week, when he was asked about a trusted monsignor who reportedly once had a gay lover.
"Who am I to judge?" he asked, when it comes to the sexual orientation of priests, as long as they are searching for God and have good will.
Under normal circumstances, given the sexual morality at play in the Catholic Church, outing someone as actively gay is a death knell for career advancement. Vatican officials considering high-profile appointments often weigh whether someone is "ricattabile" ? blackmailable.
But Francis said he investigated the allegations himself and found nothing to back them up. And that regardless, if someone is gay and repents, God not only forgives but forgets. Francis said everyone else should too. By calling out the blackmail for what it is, Francis may well have clipped the wings of an ugly but common practice at the Vatican.
Francis also made headlines with his call for the church to develop a new theology of women's role, saying it's not enough to have altar girls or a woman heading a Vatican department given the critical role that women have in helping the church grow.
While those comments topped the news from the 82-minute news conference, he revealed plenty of other insights that reinforce the idea that a very different papacy is underway.
?Annulments: He said the church's judicial system of annulling marriages must be "looked at again" because church tribunals simply aren't up to the task. That could be welcome news to many Catholics who often have to wait years for an annulment, the process by which the church determines that a marriage effectively never took place.
?Divorce and remarriage: He suggested an opening in church teaching which forbids a divorced and remarried Catholic from taking communion unless they get an annulment, saying: "This is a time for mercy."
?Church governance: He said his decision to appoint eight cardinals to advise him was based on explicit requests from cardinals at the conclave that elected him who wanted "outsiders" ? not Vatican officials ? governing the church. Francis obliged, essentially creating a parallel government for the church alongside the Vatican bureaucracy: a pope and a cabinet of cardinals representing the church in each of the continents.
And then there was Rio.
From the moment he touched down, it was clear change was afoot. No armored popemobile, just a simple Fiat sedan ? one that got swarmed by adoring fans when it got lost and stuck in traffic. Rather than recoil in fear, Francis rolled down his window. Given that popes until recently were carried around on a chair to keep them above the fray, that gesture alone was revolutionary.
He told 35,000 pilgrims from his native Argentina to make a "mess" in their dioceses, shake things up and go out into the streets to spread their faith, even at the expense of confrontation with their bishops. He led by example, diving into the crowds in one of Rio's most violent slums.
"Either you do the trip as it needs to be done, or you don't do it at all," he told Brazil's TV Globo. He said he simply couldn't have visited Rio "closed up in a glass box."
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Follow Nicole Winfield at www.twitter.com/nwinfield
Source: http://news.yahoo.com/analysis-popes-revolution-not-pleased-152328275.html
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