U.S. Postal Service running out of money

Wednesday, March 25, 2009

Tensions are running high at the U.S. Postal Service as it faces an enormous budget shortfall. Even after announcing it was cutting 3,000 jobs, the beleaguered government agency is still quickly running out of money.

Postmaster General John Potter asked the United States Congress for help on Wednesday, once again bringing up the possibility of reducing mail delivery from six to five days a week. The service reduction would save approximately $3.5 billion this year.

Another way to cut costs could include changes to how it pays for its employee retirement plan, which would save a further $2 billion. Closing small and rural post offices is another possibility that has been discussed.

Many measures have already been taken to stem the agency’s losses. Construction of new facilities has been put on hold and existing ones put up for sale, millions of man-hours have been cut, and executive salaries have been frozen.

House Oversight Post Office Subcommmittee chairman Stephen F. Lynch (D-Mass.) has expressed reluctance with the plan to reduce service, saying “With the Postal Service facing budget shortfalls the subcommittee will consider a number of options to restore financial stability and examine ways for the Postal Service to continue to operate without cutting services.”

Other than cost cutting, Congress could also appropriate taxpayer dollars to fund the struggling Postal Service, which currently does not rely on public funding outside of a subsidy for international voting mail and services for the blind.

If nothing is done, the USPS will soon run completely out of money, and may be unable to pay many of its bills. Salaries are the agency’s highest priority to continue paying, though other debts may have to wait to be paid, said Potter. Last year the Postal Service lost $2.8 billion.

Israel Journal: Is Yossi Vardi a good father to his entrepreneurial children?

Thursday, December 20, 2007

Wikinews reporter David Shankbone is currently, courtesy of the Israeli government and friends, visiting Israel. This is a first-hand account of his experiences and may — as a result — not fully comply with Wikinews’ neutrality policy. Please note this is a journalism experiment for Wikinews and put constructive criticism on the collaboration page.

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Dr. Yossi Vardi is known as Israel’s ‘Father of the Entrepreneur’, and he has many children in the form of technology companies he has helped to incubate in Tel Aviv‘s booming Internet sector. At the offices of Superna, one such company, he introduced a whirlwind of presentations from his baby incubators to a group of journalists. What stuck most in my head was when Vardi said, “What is important is not the technology, but the talent.” Perhaps because he repeated this after each young Internet entrepreneur showed us his or her latest creation under Vardi’s tutelage. I had a sense of déjà vu from this mantra. A casual reader of the newspapers during the Dot.com boom will remember a glut of stories that could be called “The Rise of the Failure”; people whose technology companies had collapsed were suddenly hot commodities to start up new companies. This seemingly paradoxical thinking was talked about as new back then; but even Thomas Edison—the Father of Invention—is oft-quoted for saying, “I have not failed. I have just found ten thousand ways that won’t work.”

Vardi’s focus on encouraging his brood of talent regardless of the practicalities stuck out to me because of a recent pair of “dueling studies” The New York Times has printed. These are the sort of studies that confuse parents on how to raise their kids. The first, by Carol Dweck at Stanford University, came to the conclusion that children who are not praised for their efforts, regardless of the outcome’s success, rarely attempt more challenging and complex pursuits. According to Dweck’s study, when a child knows that they will receive praise for being right instead of for tackling difficult problems, even if they fail, they will simply elect to take on easy tasks in which they are assured of finding the solution.

Only one month earlier the Times produced another story for parents to agonize over, this time based on a study from the Brookings Institution, entitled “Are Kids Getting Too Much Praise?” Unlike Dweck’s clinical study, Brookings drew conclusions from statistical data that could be influenced by a variety of factors (since there was no clinical control). The study found American kids are far more confident that they have done well than their Korean counterparts, even when the inverse is true. The Times adds in the words of a Harvard faculty psychologist who intoned, “Self-esteem is based on real accomplishments. It’s all about letting kids shine in a realistic way.” But this is not the first time the self-esteem generation’s proponents have been criticized.

Vardi clearly would find himself encouraged by Dweck’s study, though, based upon how often he seemed to ask us to keep our eyes on the people more than the products. That’s not to say he has not found his latest ICQ, though only time—and consumers—will tell.

For a Web 2.User like myself, I was most fascinated by Fixya, a site that, like Wikipedia, exists on the free work of people with knowledge. Fixya is a tech support site where people who are having problems with equipment ask a question and it is answered by registered “experts.” These experts are the equivalent of Wikipedia’s editors: they are self-ordained purveyors of solutions. But instead of solving a mystery of knowledge a reader has in their head, these experts solve a problem related to something you have bought and do not understand. From baby cribs to cellular phones, over 500,000 products are “supported” on Fixya’s website. The Fixya business model relies upon the good will of its experts to want to help other people through the ever-expanding world of consumer appliances. But it is different from Wikipedia in two important ways. First, Fixya is for-profit. The altruistic exchange of information is somewhat dampened by the knowledge that somebody, somewhere, is profiting from whatever you give. Second, with Wikipedia it is very easy for a person to type in a few sentences about a subject on an article about the Toshiba Satellite laptop, but to answer technical problems a person is experiencing seems like a different realm. But is it? “It’s a beautiful thing. People really want to help other people,” said the presenter, who marveled at the community that has already developed on Fixya. “Another difference from Wikipedia is that we have a premium content version of the site.” Their premium site is where they envision making their money. Customers with a problem will assign a dollar amount based upon how badly they need an answer to a question, and the expert-editors of Fixya will share in the payment for the resolved issue. Like Wikipedia, reputation is paramount to Fixya’s experts. Whereas Wikipedia editors are judged by how they are perceived in the Wiki community, the amount of barnstars they receive and by the value of their contributions, Fixya’s customers rate its experts based upon the usefulness of their advice. The site is currently working on offering extended warranties with some manufacturers, although it was not clear how that would work on a site that functioned on the work of any expert.

Another collaborative effort product presented to us was YouFig, which is software designed to allow a group of people to collaborate on work product. This is not a new idea, although may web-based products have generally fallen flat. The idea is that people who are working on a multi-media project can combine efforts to create a final product. They envision their initial market to be academia, but one could see the product stretching to fields such as law, where large litigation projects with high-level of collaboration on both document creation and media presentation; in business, where software aimed at product development has generally not lived up to its promises; and in the science and engineering fields, where multi-media collaboration is quickly becoming not only the norm, but a necessity.

For the popular consumer market, Superna, whose offices hosted our meeting, demonstrated their cost-saving vision for the Smart Home (SH). Current SH systems require a large, expensive server in order to coordinate all the electronic appliances in today’s air-conditioned, lit and entertainment-saturated house. Such coordinating servers can cost upwards of US$5,000, whereas Superna’s software can turn a US$1,000 hand-held tablet PC into household remote control.

There were a few start-ups where Vardi’s fatherly mentoring seemed more at play than long-term practical business modeling. In the hot market of WiFi products, WeFi is software that will allow groups of users, such as friends, share knowledge about the location of free Internet WiFi access, and also provide codes and keys for certain hot spots, with access provided only to the trusted users within a group. The mock-up that was shown to us had a Google Maps-esque city block that had green points to the known hot spots that are available either for free (such as those owned by good Samaritans who do not secure their WiFi access) or for pay, with access information provided for that location. I saw two long-term problems: first, WiMAX, which is able to provide Internet access to people for miles within its range. There is already discussion all over the Internet as to whether this technology will eventually make WiFi obsolete, negating the need to find “hot spots” for a group of friends. Taiwan is already testing an island-wide WiMAX project. The second problem is if good Samaritans are more easily located, instead of just happened-upon, how many will keep their WiFi access free? It has already become more difficult to find people willing to contribute to free Internet. Even in Tel Aviv, and elsewhere, I have come across several secure wireless users who named their network “Fuck Off” in an in-your-face message to freeloaders.

Another child of Vardi’s that the Brookings Institution might say was over-praised for self-esteem but lacking real accomplishment is AtlasCT, although reportedly Nokia offered to pay US$8.1 million for the software, which they turned down. It is again a map-based software that allows user-generated photographs to be uploaded to personalized street maps that they can share with friends, students, colleagues or whomever else wants to view a person’s slideshow from their vacation to Paris (“Dude, go to the icon over Boulevard Montmartre and you’ll see this girl I thought was hot outside the Hard Rock Cafe!”) Aside from the idea that many people probably have little interest in looking at the photo journey of someone they know (“You can see how I traced the steps of Jesus in the Galilee“), it is also easy to imagine Google coming out with its own freeware that would instantly trump this program. Although one can see an e-classroom in architecture employing such software to allow students to take a walking tour through Rome, its desirability may be limited.

Whether Vardi is a smart parent for his encouragement, or in fact propping up laggards, is something only time will tell him as he attempts to bring these products of his children to market. The look of awe that came across each company’s representative whenever he entered the room provided the answer to the question of Who’s your daddy?

Google services not loading for users of some ISPs

Wednesday, September 27, 2006

On Tuesday morning, many Comcast internet users were reporting problems connecting to Google services, such as web search, personalized pages, and Gmail.

Since the original reporting, other US ISP users also reported that they could not connect to Google.

Google released a statement saying that they are investigating the problem. Comcast support states that a ticket has been filed.

Internet users also reporting that other leading websites, such as YouTube and Amazon were not loading on the same ISP networks.

Outages by the leading websites are not uncommon, such as a technical glitch at AOL back in June that delayed emails for several hours.

The Google outage brought up the topic of Net Neutrality on many internet websites and forums, such as Digg.

It has been announced that a DNS server in Massachusetts went down, causing the problems and that it has been fixed.

The History Of Napier New Zealand}

The History of Napier New Zealand

by

TraceyLC

Napier is known as the Art Deco capital of the world as many of the citys buildings were rebuilt in the 1930s due to a devastating earthquake in 1931. The result is one of the best collections of colourful Art Deco architecture in the one place in any part of the world. True lovers of architecture will love a trip to Napier to explore its stunning street scapes and rich history. Accommodation in Napier is varied with a great range of Napier hotels including both contemporary and Art Deco styles depending on your preference.

Napiers history begins with the Maoris who first inhabited the area many centuries ago. It was this group of Maoris who were the first to come in contact with European settlers in 1769 when Captain James Cook sailed by what is known as Hawkes Bay. Believing that the Maoris were hostile, Cook decided not to land but took note of the area naming it after Sir Edward Hawke, First Lord of the Admiralty. It wasnt until much later in the early 1830s that European settlers began to move into the area including traders, whalers and missionaries and by the 1850s farmers and hotel owners had arrived.

The town grew in size over the years and was officially named a borough in 1874. On February 3, 1931 the town of Napier was razed to the ground by a powerful earthquake that flattened most of the town centre with the ensuing fires killing over 250 people. The massive rebuild that occurred in the following decade makes Napier the town it is today and one of two of the best preserved Art Deco towns in the world along with an area of Miami Beach, Florida. There are over 4000 hectares of land now visible in Napier that were underwater before the earthquake struck and pushed the land out of the sea.

Although some of the Art Deco buildings were replaced with more modern structures in the 1960s, 1970s and 1980s, the historic and aesthetic value was fortunately realised in the 1990s and the centre of town became protected and restored. In 2007, Napier became the first cultural site in New Zealand to be nominated with UNESCO as a world heritage site.

Napier now attracts 1000s of architecture enthusiasts annually from all over the world and even those without an interest in architecture enjoy Napiers unique city centre with its bright colours and ornate finishes. Napier also boasts the Hawkes Bay Museum and Art Gallery, National Aquarium, the Soundshell (outdoor stage and forecourt) and the iconic Pania of the Reef statue (often compared to Copenhagens Little Mermaid) , based on Maori legend about a beautiful mermaid who lived in the surrounding sea.

Visitors to Napier will be spoilt for choice for Napier hotels with a good range of budget, middle range and luxury accommodation in Napier. Napier is also surrounded by lush countryside which produces excellent produce and stunning wines so food and wine lovers are well catered for.

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TESEV Report on Eastern Turkey for UNDP released

Friday, November 24, 2006

According to a report released by the Turkish Economic and Social Studies Foundation (TESEV) for United Nation’s Development Plan, the per capita GNP in Eastern Turkey, an area predominantly inhabited by Kurdish people, is as low as seven percent of that of the European Union on average. The report analyzed a region of 21 cities in Eastern Turkey*. One of the cities included in the report, ??rnak, was reported to be as poor as Botswana, Southern Africa.

Other points highlighted in the report included:

  • 60% of the population in the region was under the poverty line. If this situation persists, people may start to migrate to Northern Iraq.
  • If 1% of the national income is spent on Eastern Turkey’s infrastructure and social investment for 7 years, the region will be enabled to finance itself. If the economic and social conditions in the region are fixed, the fragile relationship between the Turkish government and the Kurdish people of the region may improve.
  • Access to health services is a primary human right. Without access to health services, one cannot expect that people of this region can live in confidence. Health institutions should employ nurses who speak Kurdish so the patients can communicate with the health services staff.
  • The use of the private sector is not reliable as a solution. The government should act to remedy the lack of infrastructure in the region.

Jermaine Pennant jailed for drink-driving

Tuesday, March 1, 2005

Aylesbury, England – The Arsenal F.C. midfielder Jermaine Pennant, currently on loan to Birmingham City, has today pleaded guilty to drink-driving, driving while disqualified, and driving without insurance by Aylesbury magistrates court. Pennant received a sentence of three months imprisonment. Pennant’s lawyer, Bary Warbutton, has said that the footballer will appeal against the severity of the sentence.

The incident occurred on January 23 of this year, Pennant was arrested after crashing teammate Ashley Cole’s car into a lamppost. The 22-year-old claimed that he crashed the car after attempting to operate the car’s Satellite navigation system.

Despite the claim by Warbutton that imprisonment “could completely destroy his career”, Birmingham City have said that they will stand by the player, and help to rehabilitate him. Arsenal released a statement saying that the sentence would not impact the player’s future with the club; his contract with club expires in the summer, at the same time as his loan-spell with Birmingham ends.

South Korea: Fire in hospital housing elderly people kills at least 37

Friday, January 26, 2018

Fire broke out on Friday morning and destroyed the bottom two floors of a six-story hospital in Miryang, South Korea, killing at least 37 people, most of them elderly. More than a hundred injuries were reported, with eighteen people in critical condition. This is the highest death toll from fire in South Korea in almost a decade.

The fire is believed to have started at about 7:30 local time, according to fire chief Choi Man-woo. It originated on the ground floor in the emergency room as per various officials. The hospital has 98 beds and a medical staff of about 35, and specializes in long-term care of elderly patients. It adjoins a nursing home, all of whose 94 residents were evacuated. Staff carried some patients out of the hospital on their backs.

One patient, Jang Yeong-jae, who told his story to JoongAng Ilbo, said he escaped by removing a screen from a window to get to a ladder placed by firefighters. He described people “running around in panic, falling over and screaming as smoke filled the rooms”. The majority of the victims died from smoke inhalation and are believed to be elderly, said the head of the city’s public hospital, Chun Jae-kyung. A doctor, a nurse, and a nursing assistant have died, according to the fire service; it took three hours to put out the fire.

In a press briefing, Seok Gyeong-sik, the director of the hospital, apologized to patients and their families. Son Kyung-chul, its chairman, stated that there were no sprinklers because the facility was small. Sprinklers are being installed in the nursing home, where a new law requires them by June 30.

Last month, 29 people died in a fire in a gym in Jecheon; the owner and the manager were arrested for safety violations. In 2014, a blaze in a nursing home in Jangseong left 21 dead. The President of South Korea, Moon Jae-in, responded to the Friday fire by calling an emergency meeting of his staff, and promised that the cause would be found rapidly “to prevent the recurrence of the fire in the future”.

Irish inflation creeps upwards to 2.4%

Saturday, June 11, 2005

The inflation rate in Ireland, as measured by the Central Statistics Office (CSO), edged upwards to hit a five month high in May at 2.4%. This represents a 0.2% rise on the previous month when the rate stood at 2.2%.

The major contributors to the rise were increased transportation, healthcare, and education costs. In April the EU25 average rate of inflation was 2.1%, with Latvia having the highest rate at 7.1% and Sweden the lowest at 0.4%.

Despite the increase in the rate, Irish inflation remains very low – having hit 7% during 2000 and remaining around the 5% until the beginning of 2003. Another major factor easing any worries about the increase is Ireland’s very strong GDP growth – expected to be around 5.5% this year

On an annual basis the cost of footwear and clothing have fallen by 2.7% whilst energy costs have soared by 10.4%. The cost of food, furniture, and communications also fell over the last 12 months.

The Consumer Price Index is made up of over 55,000 prices consisting of 613 headings which cover over 1,000 different items.

Timothy Dalton to voice a character in Toy Story 3

Friday, September 11, 2009

Disney president John Lasseter has announced that British actor Timothy Dalton will be voicing a character in Toy Story 3.File:Tdalton.jpg

Dalton, who previously starred as James Bond in Licence to Kill and The Living Daylights, will star as a thespian hedgehog called Mr. Pricklypants in Toy Story 3, a film which is due for release in June 2010. Mr. Pricklypants is described as “a hedgehog toy with thespian tendencies”.

John Lasseter, Disney/Pixar Chief Creative Officer, made the announcement at a Disney Animation Showcase in London, England on Thursday. At the same event it was announced that Mandy Moore would star in a cartoon based on the fairytale Rapunzel and that a James Bond-style character will appear in upcoming Disney/Pixar film Cars 2. In August 2009, it was also announced that Michael Keaton — from the movie Cars — would voice Ken, the boyfriend to Barbie in the film.

John Lasseter originally announced the plans for the third film in the franchise in January 2008 and said that people would be “blown away” by it. He proclaimed: “It [Toy Story 3] is shaping up to be another great adventure for Buzz, Woody and the gang from Andy’s room.”

Personal Loan Alternatives For People With Bad Credit

By Jake Barnes

If you have experienced job loss, medical bills, or other financial challenges, maintaining a good credit rating can be difficult. With a good credit rating you can meet temporary financial challenges by getting a personal loan from a bank or lending institution. But if you have bad credit, it can be difficult or impossible to get a personal loan from a bank. What can you do to get a bad credit personal loan? You have some options, but you need to be careful.

Secured Credit Card

A regular credit card is a form of unsecured loan. This means that the lender grants you future access to money based solely on your past credit history. You need not put up any collateral, such as is required for a home equity loan or an auto loan.

But if you have bad credit, you may not be able to get an unsecured loan. As a way to help you rebuild your credit rating, many banks offer secured credit cards. If you are approved for a secured credit card, you are required to make a cash deposit into the credit card account. You can then use the credit card to make purchases up to the amount of your deposit. Then, when you make your regular monthly payment, it reflects positively on your credit rating.

A secured credit card is not a loan. It is simply a way to establish better credit. After a year or so, you may be eligible for a regular credit card. But watch outsome unscrupulous secured credit card companies charge exorbitant fees.

[youtube]http://www.youtube.com/watch?v=fgp3BO8t9A4[/youtube]

Payday Loans

If you have a steady job and quickly need cash for an emergency, you might consider a payday loan. This is a high-interest short-term loan typically obtained from a neighborhood payday loan store.

Let’s say you need to borrow $400 today to get your car fixed. Your next payday is in two weeks, and your take-home pay is $1,000. The payday loan office will ask you for a check in the amount of $400 plus interest. The check is post-dated two weeks to your next payday. You give them the check and walk out of the office with $400 cash.

On your next payday the loan office will cash your check. If your check bounces, you may be subject to felony prosecution, or the lender will agree to roll over your loan to the next paydayfor a steep fee.

Payday loans are expensive. Loan fees are calculated per $100 borrowed, and typically range from $10 to as high as $30 per $100 borrowed. If you are charged $15 per $100 borrowed, a 14-day loan of $400 will cost you $60 in interest. That’s an annual percentage rate (APR) of 390%. Think about itdo you really want to pay $60 to borrow $400 for two weeks? And don’t forget that your next paycheck wont be $1,000it will be $540, because you will have repaid the loan.

Peer-to-Peer Lending

Also known as person-to-person lending, P2P lending, or social lending, peer-to-peer lending may be a good option if you have access to a lending group. Originally, peer-to-peer lending was developed by tightly knit ethnic groups who trusted one another and who may not have had access to traditional banks. At its most basic, the group creates a pool of money from which members may take out loans, typically for purposes such as a wedding, building a home, or starting a small business. The money is then repaid, sometimes with a low interest charge.

Traditional peer group lending depends upon a high level of personal knowledge and trust among the participants. For the general public, commercial peer-to-peer lending sites are operating on the Internet and are rapidly gaining popularity. Peer to Peer lending sites can generally help people of all credit types. Since the individuals lending the money stand to reap a greater return on their investment when lending to people with bad credit you have many that are willing to do it. Peer to peer or social lending is becoming a great way to get cash without using banks or credit cards.

Getting a personal loan with bad credit can be difficult but if you take your time and explore all of the available options you will certainly find people willing to lend the money. As always, proceed with caution since the loans available to people with bad credit will generally have higher rates and fees associated with them.

About the Author: Check out the article

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on ConsumerFinanceReport.com. Visit the site to view additional personal loan content such as

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