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Saturday, November 29, 2008

GOVERNMENT STATISTICSInflationary Recession Remains Intact and Intensifies

Hello there!  We the business team would like to bring you an article in keeping with these tough economic times.  We believe that it is extremely important for you to be able to keep abreast of the happenings and to make up your own minds.  This article comes from a very reliable source and the views expressed here are those of the author and not ours.
We thank the research team at www.sterlingcreations.ca for passing this along to us.
Enjoy your last weekend in November.
Your Business team
 
 
GOVERNMENT STATISTICSInflationary Recession Remains Intact and Intensifies   
 
Federal Debt Jumps $1.25 Trillion Year/Year, $650 Billion in Six Weeks
 
Inflation Holds Despite Oil Sell-Off
 
3rd-Quarter Real Retail Sales Plunge
Annualized 10.1%, 4.2% Year/Year
 
3rd-Quarter Industrial Production Down
for Second Consecutive Quarter, Year/Year
 
 __________
 
 In response to reader requests, this Special Update provides a preliminary but brief assessment of the impact from the financial system solvency crisis and ongoing turmoil in the global financial markets on the outlook for the continuing inflationary recession and my prediction of a hyperinflationary great depression. These comments are provided in advance of more detailed analysis in the next full SGS Newsletter, targeted for publication over the weekend of October 25th. In general, the economic and inflation outlooks — other than intensified — are little changed.
 
- Best wishes to all, John Williams  
 
 Fed/Treasury Actions Should Stabilize Banking System
U.S. Equities, U.S. Dollar and U.S. Economy Face Significant Downsides
 
With the partial nationalization of the banking system, full FDIC backing to demand deposits and various other bank liabilities, extraordinary liquidity facilities offered by the Federal Reserve and indications of further flexibility as needed, the federal government and the Federal Reserve have taken actions or otherwise should have the ability to stabilize the functioning of financial services industry. As discussed previously, however, those actions will not prevent an already ongoing and deepening recession and will not provide a long term-prop to U.S. equities or to the U.S. dollar.  The ultimate cost of systemic salvation remains inflation, driven by excessive monetary creation, irrespective of the short-term collapse in oil prices.
 
It is important to keep in mind that the current recession has been in place for some time, since before the systemic solvency crisis broke in August of 2007. It reflects a structural impairment in the U.S. economy that has prevented sustainable income growth from exceeding that of inflation (see the Hyperinflation Report of April 8, 2008 for further detail). The recent systemic and market turmoil only have exacerbated the downturn, they did not trigger it. As discussed below, reporting of retail sales and industrial production show an ongoing and deepening recession.  
 
While those underlying economic numbers would be consistent with a third-quarter real (inflation-adjusted) GDP contraction, the Bureau of Economic Analysis so far has masked most of the GDP's contraction in the current recession with heavily politicized reporting. The BEA has the ability to do so, again, in the upcoming "advance" estimate of the third-quarter GDP, due out on October 30th, the Thursday before the election. On the other hand, the concept of the U.S. economy being in recession is now so widespread that further obfuscation could just intensify the public's distrust of government reporting, with little if any political gain. If consensus forecasts coming into the end of next week are for a GDP contraction, such would enhance the odds of an actual contraction being reported.
 

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In recent weeks, the government and Wall Street talked up the "collapsing" economy in an effort to gain public support for the "bailout" package.   The fear mongering has had its impact in hitting the economy harder than would have been seen otherwise from the liquidity crisis, accelerating the fall into an economic depression (see the Hyperinflation Report of April 8, 2008 for further definitions).
From the standpoint of inflation, the current level of oil prices, below $90 per barrel, has and will ease some of the immediate-term commodity-driven inflation pressures. Such will be more than offset in the next six-to-nine months as the impact from increased money supply growth starts to surface in inflation reporting. I still look for double-digit official CPI reporting in early 2009.
 
As to recent strength in the dollar, weakness in oil prices, and softness in gold prices, much has been distorted by the systemic solvency crisis, where forced liquidations of related financial instruments have caused prices movements well beyond or counter to underlying fundamentals. In particular, as the markets begin to stabilize, the U.S. dollar should come under intense selling pressures. Regardless of the global nature of some actions taken to stabilize the system, the primary solvency crisis and the fiscally and monetarily destructive corrective actions are predominantly U.S. issues, ones that materially have weakened the already miserable underlying fundamentals for the U.S. dollar.
 
When dollar selling resumes, eventually evolving into a massive flight-to-safety outside the dollar, that should put upside pressure on the prices of precious metals. Oil prices should surge in dollar terms, too, irrespective of any softening oil demand due to slower U.S. or global economic activity.
 
The hyperinflation forecast remains intact, but it may be moved closer to the present, depending on developments with the U.S. dollar. This shall be discussed in further detail in the upcoming SGS Newsletter.
 
Federal Debt and Deficit Explode. Quick impact from the solvency crisis has been seen in the U.S. government's deteriorating fiscal condition. Against official expectations two months ago of a $389 billion deficit, the official fiscal 2008 (year-ended September 30th) shortfall came in at $454.8 billion, up from $161.5 billion in 2007. These are the officially-gimmicked numbers, not GAAP reporting, which will show a much larger deficit. Reflecting the recession that was in place long before the solvency crisis exploded, government revenues in 2008 fell by 15.3% versus 2007.
 
As of October 14, 2008, gross federal debt stood at $10.294 trillion, up by $1.250 trillion or 13.8% year-to-year, and up by $650 billion or 8.8% since the first of September.   
 
CPI Continued to Absorb Oil Sell-Off Shock.  Reported September consumer inflation eased back again on both a monthly and annual basis, as the CPI continued to absorb the impact of an ongoing tumble in oil prices. Yet, "core" inflation also eased (CPI-U core up by 0.1% in September, 0.2% in August, and 0.3% in July) despite significant anecdotal evidence of surging non-energy and food inflation.
 
CPI-U.  The Bureau of Labor Statistics (BLS) reported seasonally-adjusted September CPI-U eased by 0.03% (down by 0.14% unadjusted) +/- 0.12% for the month, versus a 0.14% (0.40% unadjusted) decline in August.  Year-to-year or annual inflation in September backed off to 4.94% from 5.37% in August. 
 
Annual inflation would increase in October 2008 reporting, dependent on the seasonally-adjusted monthly gain exceeding the 0.26% monthly increase seen in October 2007.  The difference in growth would directly add to or subtract from September's annual inflation rate of 4.94%.
 
CPI-W. Annual inflation for the narrower CPI-W — targeted at the wage-earners category where gasoline takes a bigger proportionate bite out of spending — eased to 5.4% in September from 5.9% in August and 6.2% in July.  The CPI-W is used for making the annual cost of living adjustments to Social Security payments, and the 2009 adjustment — based on the July to September 2008 period — should be about 5.8%, two-and-a-half times the 2.3% adjustment for 2008.  Such is not good news for federal budget deficit, discussed elsewhere.
 

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C-CPI-U.  Year-to-year or annual inflation for the Chain Weighted CPI-U — the fully substitution-based series that increasingly gets touted by CPI opponents and inflation apologists as the replacement for the CPI-U — eased to 4.34% in September from 4.70% in August.
 
Alternate Consumer Inflation Measures.  Adjusted to pre-Clinton (1990) methodology, annual CPI growth declined to roughly 8.3% in September from 8.7% in August, while the SGS-Alternate Consumer Inflation Measure, which reverses gimmicked changes to official CPI reporting methodologies back to 1980, eased back to roughly 12.9% in September from 13.2% in August.  The alternate numbers are not adjusted for any near-term manipulations of the data.
 
PPI Also Absorbed Oil Selling. The regularly volatile Producer Price Index (PPI) for finished goods contracted by a seasonally-adjusted 0.4% (0.1% unadjusted) in September, versus 0.9% (1.6% unadjusted) in August, as reported by the Bureau of Labor Statistics. The decline largely reflected the continued sharp decline in oil prices.  Year-to-year PPI inflation in September eased to 8.7% from 9.6% in August.
 
Retail Sales Plunge Month-to-Month and Year-to-Year, Before Inflation Adjustment. September retail sales showed a still-deepening economic contraction. The Census Bureau reported that seasonally-adjusted sales fell for the month by 1.16% (down 1.49% net of revisions) +/- 0.6% (95% confidence interval), following a revised 0.45% (previously 0.27%) decline in August.  On a year-to-year basis, September retail sales growth turned negative, down by 1.03%, versus a revised gain of 1.50% (previously 1.56%) in August. 
 
Real Retail Sales. Deflated by the September CPI-U, seasonally-adjusted real (inflation-adjusted) retail sales contracted by 1.13% for the month of September (down 1.16% before inflation adjustment), following a 0.31% decline in the month of August (down 0.45% before inflation adjustment).  On a year-to-year basis, September retail sales fell by 5.69% (down 1.03% before inflation adjustment), versus a 3.66% decline in August (up by 1.50% before inflation adjustment). The series now has suffered its fourth consecutive quarter-to-quarter real contraction (an annualized decline of 10.1% in the third quarter versus a 1.2% drop in the second quarter) and the third consecutive quarter of annual contraction (down 4.2% for the third quarter versus a 1.6% decline for the second quarter).  Such ongoing negative growth patterns never have been seen outside of formal recessions.
 
Core Retail Sales.  Consistent with the Federal Reserve's predilection for ignoring food and energy prices, "core" retail sales — retail sales net of grocery store and gasoline station revenues — fell by 1.47% (down 1.76% net of revisions) in September, versus a revised 0.21% (was 0.06%) decline in August.  Those numbers contrasted with the official aggregate drop of 1.16% in September and the revised 0.45% decline in August.  On an annual basis, September "core" retail sales fell by 4.26% versus a revised August decline of 1.67% (previously down by 1.73%).
 
Industrial Production Contracts in 3rd Quarter, Net of Strike and Hurricane Impacts. The Federal Reserve reported a 2.8% monthly contraction in September industrial production, following a revised 1.0% (previously 1.1%) drop in August.  September's weakness was attributable to a strike at Boeing and to oil and gas related shutdowns in the Gulf of Mexico region due to hurricanes.  September year-to-year change plunged by 4.5%, after a 1.4% annual contraction in August. Adjusting for strike and hurricane impacts, however, third-quarter production still was down on both a quarterly and an annual basis.
 
Not adjusted for the special factors, following a 3.1% annualized quarter-to-quarter contraction reported in the second quarter, industrial production suffered its second consecutive quarterly downturn in the third quarter at an annualized 6.0% rate of decline.  In conjunction with a 2.7% contraction in year-to-year growth for the third quarter, the series is showing growth patterns not seen outside of recessions.
 
Trade Deficit Reportedly Narrowed in August. Still showing likely paperwork flow distortions as discussed in the last newsletter, the Census Bureau and the Bureau of Economic Analysis reported the seasonally-adjusted August trade deficit narrowed to $59.8 billion from a revised $61.3 (previously $62.2) billion in July. With apparent renewed games-playing in reported oil imports, these data could be used to help keep the "advance" third-quarter GDP estimate in positive territory for its pre-election debut.
 

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Now you can view blogs written by Donna at http://www.numpadplus.com/blog under the access and accessibility category and you can also see her biweekly editorial at www.accessibilitynews.ca/acnews/editorials/donna.php
In addition, you can view her monthly online magazine editorial at http://www.onestopbookcafe.com under the café talk link. 
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Friday, November 28, 2008

When you hear the word commitment

Hello there!  We hope that you are enjoying your Thanksgiving holiday weekend and that you are not too stuffed to read a little today.
This day we would like to bring you an editorial written by one of our esteemed team members, Donna J. Jodhan.
Donna presents a weekly feature on answers to consumers questions.  She is a special needs business consultant, prolific blogger, and author.
Here now is her editorial.
Have a great day. 
Your business team
 

When you hear the word commitment

 

So, here is my big question of the day.  When you hear the word commitment, what does it mean?  Does it mean that you have made a promise to do what you say you are going to do?  Or does it mean that you will only do what you feel like doing?  Or does it mean that you are only going to do half or less of what you promised to do?

 

There was a time when most of us took commitment seriously.  We did exactly what we promised to do and even went a bit further.  Some times, I notice that some of us still adhere to the sacred word but there are so many who simply do not.  They do not take commitment seriously and I get the impression that their version of the word commitment is that they will do whatever they feel like doing and the hell with the rest.  A few months ago I had the unpleasant experience of interacting with a young man who definitely did not understand the meaning of the word commitment.  He committed to producing a monthly newsletter for one of our clients but when he realized that it would entail having to work within a team, and working with persons from diverse backgrounds, he simply walked out saying:  "I don't have time to mingle with those of you who don't know what you're doing."

 

Clearly, this person missed the boat.  True it is he made the commitment to produce the monthly newsletter, but his version of commitment was vastly different from mine.  It appears to me that his version of the word commitment meant that he would do whatever he felt like doing and if something did not please him, then he would simply walk out.  Very sad!

 

Commitment seems to be on the decline these days.  From governments to companies and individuals, the general impression is that commitment seems to be quickly slipping away and being replaced with non commitment.  It's probably why so many marriages continue to end in divorce; because couples are not willing to carry through with their commitment.  It's probably why so many governments continue to find themselves  in hot water with each other and with their own people; because they continue to break their commitments.  It's probably why so many companies continue to find themselves losing customers and revenue; because they continue to ignore the commitments that they have made to their customers.  It's probably why so many recent graduates continue to find themselves being frustrated at not being able to find suitable employment; because they are unable to keep their commitment to show that they can stick when the going gets tough.

 

Unfortunately, the experience that I described above is very common these days.  We are constantly seeing instances of persons who commit to specific responsibilities and tasks but fail to complete them and you know what?  The excuses that they offer for not fulfilling their commitment are becoming more and more ridiculous.  In the case of this young man that I referred to above, he could not really come up with a real reason as to why he walked out.  Why he broke his commitment.  First he had the boldness to say that he did not want to mingle with people who did not know what they were doing.  Then he said that he did not want to meet us face to face for meetings.  Then he said that he did not want to work with anyone who was not committed.  Figure it out for yourself.

 

Here is my take on this subject.  I believe that when most of us make a commitment, we do it with the best of intensions but for some reason, whenever we run into difficulty, whenever we are faced with unexpected challenges, whenever the going gets tough, we simply forget our commitments and walk away because it's the easiest thing to do. Time for us to revisit and relearn the meaning of the word commitment.

The five top trends for 09 and how they impact on business

Hey there!  The day after that huge meal and I'm Alix Shadonnay at the business desk.
I think that it is time for me to start talking about some of the top trends for 2009/2010 that have been identified by our experts.  Might as well start preparing for the New Year.  This one is almost over and we should start hoping for better things to come.
To learn more please read on.
I'm Alix Shadonnay wishing you a pleasant holiday weekend.
 
 
Time now for Amazon picks of the week.
  The 9 Steps to Financial Freedom: Practical and Spiritual Steps So You Can Stop Worrying
By Suze Orman
A most relevant and suitable book for you to read during these very difficult times.  It is a must read as you ponder your economic future.
 
  Worlds Apart: Measuring International and Global Inequality
By Branko Milanovic
Yet another book that can be easily applied that our present hardships.  Excellent reading for you to ponder and discover.
 

Home business opportunities, Internet business opportunities, small business opportunities, business opportunities in Asia
Breaking news!          The five top trends for '09 and how they impact on business
 
        The five top trends for '09 and how they impact on business
        Australian Food - Melbourne,Victoria,Australia
        Additionally, with more people "cocooning" in their homes to save money, companies are provided with an opportunity to create better products for dining, ...
Read more at:
http://www.ausfoodnews.com.au/2008/11/11/the-five-top-trends-for-09-and-how-they-impact-on-business.html
 
        (Mobile Banking)Access Funds Through Your Mobile Phone for FREE
        By pcs140
        ... business real home based internet business top home based business internet based home business legitimate home based business legitimate home based business opportunities home based computer business idea home based small business ...
        Metacafe - Today's Videos by Metacafe -
http://www.metacafe.com/rss/today_videos 
 
        Merrill Loses Head of Asia I-Banking
        Business Opportunities and Work at Home Jobs; The Insider Secrets to Marketing Your Business on the Internet; Stimulate the Economy Through Jobs (Rep. Grace Napolitano); Malls, Migration and the Philippine economy; How To Start A Small ...
        Business News -
http://business.cq1.org/ 
 
        Classic Business Transcripts November 10th 2008
        By jeannine(Classic FM)
        We really want to try and build the business on a strong foundation and there are opportunities in South Africa, there are a lot of opportunities in the market that we operate in without us even having to go and foray into new ...
        Classic Business -
http://www.classicfm.co.za/business/ 
 
        Internet Home Based Business Opportunity Earn $15000 Month
        By admin
        home internet business work at home internet business home internet based business opportunity internet home business opportunity internet home based business at home internet business internet home business ideas and opportunities ...
        video theworldsgreatestdomainnames -
http://video.theworldsgreatestdomainnames.com/ 
 
        China 2.0 Tour profile: Bart Lapers
        By elliottng
        The China 2.0 tour should offer me a first introduction to business in China. [I want to] learn from young entrepreneurs how they identified opportunities, which challenges and difficulties they encountered building a venture in China. ...
        CN Reviews -
http://cnreviews.com/ 
 
          UK Retail Banking Professionals - Research and Expertise, Salary …
        I Am a Small Business Owner, So I Don't Need a Web site; Home Business Marketing Strategies: Current Economy; Can Obama Turn the Economy Around? Waralaba Menguntungkan Umiku Creves & Burger; Moreton Joins The Pizzuti Companies as ...
        Business News -
http://business.cq1.org/ 
 
        Future Economic Trends and Investment Opportunities, 2nd Edition ...
        By noreply@blogger.com (Dziaulhaque)
        In addition, for firms competing in the global marketplace, international economic indicators are of particular importance, because they allow executives to assess business opportunities abroad. But how do you begin to evaluate these ...
        Forex Trading Education -
http://valas-edu.blogspot.com/ 
 
        Making Ideas Work
        By cerventus
        The Global Entrepreneurship Week hopes to open up opportunities for young people interested in turning their ideas into business ventures. TECH guys Mike Tee and Devan Singaram initially only intended to be bystanders, documenting how ...
        Malaysia Entrepreneurs -
http://www.entrepreneurs.my/ 
 
        Cloud computing to be used to render all traditional software obsolete
        By darthchaosofrspw
        The Indian market is 'the' market best poised to leverage the opportunity to build and deliver applications in the cloud. There is potential for this to create new economy locally while delivering business application to the global ...
        DC: Infowarrior and Xubuntuphile -
http://darthchaosofrspw.wordpress.com/ 
 
        A Find in Online Vacation Rentals
        Sci-Tech Today - USA
        "We see a terrific opportunity to build a great company." While the economic slump is forcing many consumers to cut back on travel, HomeAway thinks its ...
Read more at:
http://www.sci-tech-today.com/fullpage/fullpage.xhtml?dest=%2Fnews%2FA-Find-in-Online-Vacation-Rentals%2Fstory.xhtml%3Fstory_id%3D031003SEM8Z8
 
        Age of the caring robot
        Sydney Morning Herald - Sydney,New South Wales,Australia
        "It is a huge market, a huge opportunity and there's going to be a lot of wins out of this, no doubt," Small says. "We have an industrial partner, too, ...
Read more at:
http://www.smh.com.au/news/specials/science/age-of-the-caring-robot/2008/11/12/1226318741569.html
 
        Bush: Economy 'can rebound quickly'
        The Swamp - Tribune's Washington Bureau - Washington,DC,USA
        At its most basic level, capitalism offers people the freedom to choose where they work and what they do, the opportunity to buy or sell the products they ...
Read more at:
http://www.swamppolitics.com/news/politics/blog/2008/11/bush_economy_can_rebound_quick.html
 
        LogicNet Plus Modeling Tip: Currency Exchange Modeling
        10/29 wacko explained; Finding Real People Reviews About Business Opportunities; Checkout; FNB Online Banking - Why FNB Might Be the Banking Company For You; Career Opportunities in Banking, Finance, And Insurance (Career … ...
        Business News -
http://business.cq1.org/ 
 
        10th GBDe Summit, 31 October, 2008, San Francisco, USA - Remarks ...
        By Monsefuano(Reserva Moral)
        APEC has observed the ability of electronic commerce to facilitate trade, expand business opportunities, reduce costs, increase efficiency and facilitate the greater participation of small business in global commerce. ...
        reservamoral.org -
http://reservamoral3.blogspot.com/ 
 
        Technorati Plummeting
        By escape_hatch@cox.net (Monique)
        638-The Rising Blogger 639-Saturday 9 640-haekal-bloger 641-The World Through My Eyes 642-Blog Income Project 643-Nelle - EmpressReviews 644-home for business 645-Kaleidoscope 646-Intrepid Ideas 647-Life in the United States ...
        Escape Hatch -
http://myescapehatch.blogspot.com/ 
 
        The Begining of Wealth Part One
        By admin
        What you won't receive is our personal training course, designed to hold your hand from day one and guide you to home business profits. It is a step by step interactive support with me and my support crew. ...
        Infinite Wealth -
http://www.moneykicks.com/ 
 
        Travelling Slow with Mozart: Interview with Jeanne from Soul ...
        By Eric Daams
        We have been amazed by the opportunities available for connecting and collaborating with other students and home school families from around the world. Recently I did an interview with Steve Hargadon from Classroom 2.0 and am excited ...
        TravelBlogs -
http://www.travelblogs.com/ 
 
 
 
 

Thursday, November 27, 2008

Facebook fraud

Hi everyone and a happy Thanksgiving to all!  I'm Heather DeMarco at the business desk.
As we prepare to sit down and enjoy our Thanksgiving meal, I would like you to give some serious thought to the matter of Facebook fraud.  In general and up until now, Facebook has been kept relatively fraud free and intruder safe but this may be about to change.  To read more, please see our news roundup below.
At the business desk, I'm Heather DeMarco rushing off to cook my turkey.
 

Security tips for home computer users
Breaking news!  Facebook fraud
 
        Facebook fraud
        Ninemsn - Sydney,New South Wales,Australia
        Have the latest Internet Security loaded on your home computer. There are a number of viruses which, once installed on a computer, send back to the hacker a ...
Read more at:
http://today.ninemsn.com.au/article.aspx?id=663482
 
        SunJava Update Includes MSN Toolbar
        By Corrine(Corrine)
        May the wind sing to you and the sun rise in your heart... Computer security news & information, help, tips and more, licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License.
        Security Garden -
http://securitygarden.blogspot.com/ 
 
        Technology Committee November Agenda
        By thompsoc
        Create virtual environment for use of software from home or work without upgrading local machine (with file access to Home/shared directories); Create quick tips sheet for each Office application (above + PowerPoint) for desk reference ...
        Technology Services -
http://community.elmbrookschools.org/technologyservices/default.aspx 
 
        Data Backup and Storage Solutions For Your Colocated Server
        By Spring(Spring)
        External hard drives that attach to your home computer and allow you to plop memory onto them are examples of DAS. What you save stays on one server, and copies of those files also nest in the same server, but on a separate drive. ...
        Computer Tips -
http://computertechnical.blogspot.com/ 
 
        Help with infections (MalwareBytes/HiJackThis logs)
        By Americo
        R3 - URLSearchHook: Best Security Tips Toolbar - {da30eff8-ccc6-4162-a20d-67402a26a215} - C:\Program Files\Best_Security_Tips\tbBes0.dll O2 - BHO: IEVkbdBHO - {59273AB4-E7D3-40F9-A1A8-6FA9CCA1862C} - C:\Program Files\Kaspersky ...
        Computer Forum -
http://www.computerforum.com/ 
 
        1000 hacking tutorials- The Best of 2008 Download: Code: http ...
        By khawaja haseeb(khawaja haseeb)
        More Hacking/Tips on Starting Your Own BBS.1 8.04 kB More Hacking/undocumented DOS commands.txt 23.17 kB More Hacking/UNIX Computer Security Checklist.0 49.34 kB More Hacking/UNIX Use and Security - By the Prophet.txt 153.74 kB ...
        ::::DIG IT NOW::: -
http://digitnow.blogspot.com/ 
 
       ITRC: Is Shopping On-Line Safe? It All Depends on You!
        MarketWatch - USA
        Keep your computer protection programs, such as firewall, anti-virus, and anti-spyware software updated. If you have questions about your computer security ...
Read more at:
http://www.marketwatch.com/news/story/ITRC-Is-Shopping-On-Line/story.aspx?guid=%7B877C511F-462C-48F2-8715-8C4547DED3EA%7D
 
        Can Telecommuting and a Four-Day Workweek Build a Better Workforce?
        WELT ONLINE - Germany
        Jobs that are high on daily customer contact or require access to in-office reference materials won't travel well, but those that are heavy on computer work ...
Read more at:
http://newsticker.welt.de/index.php?channel=fin&module=smarthouse&id=808844
 
        What is BotNet and What Does a Botnet Do - Tutorial
        By Chris Martin
        Meanwhile, the activated program attaches itself to an element of the user's operating system so that every time the user turns on his computer, the program becomes active. The program either contains specific instructions to carry out ...
        About Online Tips -
http://www.aboutonlinetips.com/ 
 
        Will Microsoft's Strong Anti-Piracy Stand Drive People to Linux?
        By Computer Tips(Computer Tips)
        But if you're a small computer store and you build five clone PCs per month, you'd have to pay the typical single user price for genuine Windows. (For XP that's about one hundred dollars for the Home Edition and one hundred fifty ...
        Computer-Internet Tips & Tricks -
http://pc-internet-tips.blogspot.com/ 
 
        Security for Home Computer Users: Financial crisis inspires new ...
           By AWSODA-SYSTEMS(AWSODA-SYSTEMS)
        Welcome to Security for Home Computer Users, a monthly newsletter bringing security news, guidance, updates, and community resources directly to your inbox. If you would like to receive more technical security information, ...
        Security News Collected by AWSODA-SYS... -
http://complete-security-news.blogspot.com/ 
 
        (SCC) Catalyst Community Update for November 12, 2008
        By securitycatalyst@gmail.com (Michael J....
        I'm starting an online CISSP study group (member driven); Explaining the WPA-TKIP issue to end users (TALK ABOUT TIMELY!!) Red Flags (ID Theft); Starting an Incident Handling/Response Program (MUST READ!!) Security (or other) White ...
        The Security Catalyst -
http://www.securitycatalyst.com/blog/ 
 
        Botnets: Keep computers up to date or else
        TechRepublic - Louisville,KY,USA
        Most individuals with home or SOHO computer networks don't have dedicated IT personal, the time, or inclination to keep computers current on every operating ...
Read more at:
http://blogs.techrepublic.com.com/networking/?p=719
 
        Minutes for November Meeting
        By thompsoc
        Create virtual environment for use of software from home or work without upgrading local machine (with file access to Home/shared directories); Create quick tips sheet for each Office application (above + PowerPoint) for desk reference ...
        Technology Services -
http://community.elmbrookschools.org/technologyservices/default.aspx 
 
        Hide Folders XP 2.9.8.421
        By I'm Machine(I'm Machine)
        Hide Folders® XP is a simple but ingenious program for Microsoft Windows XP and 2000 users. Every day we trust our personal files to a computer. Who knows how many people will want to get access to them? If you share your computer with ...
        Kuala Tungkal Boy -
http://kualatungkalboy.blogspot.com/ 
 
        WEBROOT® Research Findings: Serious Risk Of Losing Digital Files ...
        By Julie Andguladze(George S.)
        98 percent of PC users have antivirus protection on their home computers, 93 percent have antispyware protection and 95 percent have firewall security • Despite these measures, 46 million people in the United States and the United ...
        BLOGVASION -
http://www.blogvasion.com/ 
 
        Upgrading to Windows Vista - Can You Afford It?
        By admin
        There are six different versions of Vista, each targeted at different markets; four for home users and two for business users. The home versions include Vista Ultimate which touts some "cool" extras, Vista Starter, a stripped down ...
        Software Articles Free Submit... -
http://www.qualinsoft.com/blog/ 
 
        Windows Security Tips
        By admin
        Over the past recent years security has become the major concern of the internet users. It is important to keep your home computer secure from the viruses, hackers, spyware and other security threats. These security tips are applied on ...
        deletetrojan.co.cc -
http://www.deletetrojan.co.cc/ 
 
 

Wednesday, November 26, 2008

Holiday stress, a problem in tough economy

Good morning!  I'm Kerry J Harrison at the business desk.
With the fast approaching holidays comes the concern over mounting stress, anxiety, and depression.  This holiday season may very well be the one where more of us will probably find ourselves having to deal with more stress in the family.  Things may not be looking good for us but there is a glimmer of hope at the end of the tunnel.  To read more, please see our news roundup below.
I'm Kerry J Harrison wishing you a happy Thanksgiving.
 
 
News on stress, anxiety, and depression
Breaking news!          Holiday Stress A Problem In Tough Economy
       
 
        Homecoming Veterans Often Face Inner Challenge
        Washington Post - United States
        While depression and PTSD are common, according to experts, so are anxiety and substance abuse. Making the mental health problems worse, Rosenberg said, ...
Read more at:
http://www.washingtonpost.com/wp-dyn/content/article/2008/11/11/AR2008111100906.html
 
        Holiday Stress A Problem In Tough Economy
        WJTV - Jackson,MS,USA
        He says the rough economy will create more anxiety and depression for people struggling to get by. "I think it's very distressing not to be able to do for ...
Read more at:
http://www.wjtv.com/gulfcoastwest/jtv/news.apx.-content-articles-JTV-2008-11-10-0030.html
 
        Robinson: Brain injuries, wounds from stress affect both veteran ...
        Shreveport Times - Shreveport,LA,USA
        Others return suffering from prolonged depression or crippling episodes of anxiety, often accompanied by the intrusive memories and nightmares that ...
Read more at:
http://www.shreveporttimes.com/article/20081111/OPINION03/811110314/1058
 
        Thursday's News 1111 2008
        By Chuck Dudley Jr(Chuck Dudley Jr)
        Mike Matar, a psychiatrist affiliated with Ben Gurion University's Anxiety and Stress Research Unit, who participated in the study. People with PTSD "do less and less and less. Basically they are unable to put their lives back together ...
        Columbia Citizens For Disability... -
http://ccfda.blogspot.com/ 
 
        BBC NEWS: Depression treatment trial launch
        By Ovidia(Ovidia)
        Ruby Wax said of her experience: "Under stress the only way I can reduce my anxiety, both physically and mentally, is by practising Mindfulness. "My heart rate lowers, I can breathe again and my mind becomes clear so I can deal more ...
        We Must Not Think Too Much -
http://wemustnotthinktoomuch.blogspot.com/ 
 
        ErieKIDS premieres musical film about depression and divorce
        By joel@nataliemedia.com
        Anger, Anxiety and Depression plague children of divorce. All too often, these families are devastated and broken; left to recapture some semblance of balance. With the painful end of a relationship, and legal battles over support and ...
        The Press and Tower :: News and... -
http://www.pressandtower.com/ 
 
        Fibromyalgia Can No Longer Be Called The Invisible Syndrome
        "Interestingly, we found that these functional abnormalities were independent of anxiety and depression status," Guedj said. According to Guedj, disability is frequently used in controlled clinical trials to evaluate response to ...
        Accessibility News - Latest -
http://www.accessibility.com.au/news/ 
 
        The Health and Safety Executive supports National Stress Awareness ...
        In 2007/08 work related stress, depression and anxiety cost Great Britain in excess of £530 million. The number of workers who reported new cases of work-related stress increased by 237000. Many successful organisations use the HSE ...
        I-Resources - Latest News -
http://www.i-resources.co.uk/ 
 
              SF Weekly Blogs
        The Clickable Clit: "Is There a Link Between Cybersex and Depression?"
        SF Weekly Blogs - San Francisco,CA,USA
        Melbourne researchers have apparently found that, "People who visit online sex sites have 'alarmingly high' rates of depression, anxiety and stress," ...
Read more at:
http://blogs.sfweekly.com/shookdown/2008/11/the_clickable_clit_is_there_a.php
 
        Joyful Music in Tune With Heart Health
        U.S. News & World Report - Washington,DC,USA
        ... body chemicals that block pain and ease anxiety and depression. "Clearly, the role of psychological risk factors, and particularly psychological stress, ...
Read more at:
http://health.usnews.com/articles/health/healthday/2008/11/11/joyful-music-in-tune-with-heart-health.html
 
        Free exercise methods to reduce stress
        abc7.com - Los Angeles,CA,USA
        "Oh gosh, stress, anxiety, depression, difficulty sleeping, weight gain, weight loss," said Dr. Leslie Seppinni. Rather than turning to pills or alcohol, ...
Read more at:
http://abclocal.go.com/kabc/story?section=news/food_coach&id=6501006
 
        Wales must tackle Bullying at Work Day
        Physiological effects include raised blood pressure and heart disease, reduced resistance to infection, stomach and bowel problems, skin problems, fear or anxiety or depression leading to suicide, and severe loss of confidence and ...
        Glamorgan News -
http://news.glam.ac.uk/news/ 
 
        Stressed Out? Find Relief Through Ayurveda!
        By Dr. Helen Thomas, D.C.
        Stress can be a fight with a loved one, getting fired from your job, sitting down with your checkbook, watching the evening news, or even going out on a first date. Stress can be anything that comes knocking on your door, but the stress ...
        Effortless Ayurvedic Living -
http://effortlessayurvedicliving.com/archives/ 
 
        Basic Facts About Depression
        By onlinehealthnews
        Meditation–Meditative practices such as mindfulness, deep breathing, and yoga may help to calm the mind and reduce stress, easing the symptoms of depression. Social Support–A social network of friends, family, and people with similar ...
        Online Health News -
http://onlinehealthnews.wordpress.com/ 
 
        Teen Risk for Schizophrenia, Psychosis
        By Rick Nauert, Ph.D.
        They often suffer from homelessness, major depression and anxiety disorders. "Because schizophrenia is severely debilitating, usually chronic and very costly, preventing its onset has become a major area of emphasis of the NIMH," said ...
        Psych Central News -
http://psychcentral.com/news/ 
 
        About Depression: Feeling SAD?
          By Duck(Duck)
        This type of depression, known as seasonal affective disorder, or SAD, is a biologically-based condition related to lower exposure to sunlight during the shorter days of the year. The good news is, it's easily treated. ...
        Health News Updates -
http://health.iwc.cc/ 
 
        One-fifth of family carers suffer from depression
        Belfast Telegraph - United Kingdom
        The organisation says 25% of carers have anxiety problems, while more than one-quarter suffer with back injury. It also says 68% of carers who are diagnosed ...
Read more at:
http://www.belfasttelegraph.co.uk/breaking-news/ireland/onefifth-of-family-carers-suffer-from-depression-14062468.html
 
        Overworked, Vacation-Starved America Ranks #1 in Depression ...
        AlterNet - San Francisco,CA,USA
        Work-related stress can lead to sudden heart attacks, obesity, anxiety and depression. A World Health Organization and Harvard Medical School study last ...
Read more at:
http://www.alternet.org/healthwellness/106830/overworked,_vacation-starved_america_ranks_%231_in_depression,_mental_health_problems/
 
        Stress persists for quake survivors in less-affected areas
        Xinhua - China
        They found that overall, those with post-traumatic stress disorder (PTSD), an anxiety disorder that can follow disturbing events, had fallen below 10 ...
Read more at:
http://news.xinhuanet.com/english/2008-11/13/content_10353182.htm
 
        vvaw.org
        ELSPETH RITCHIE (MD), US Army: Our research supports the more deployments that you have, the higher the likelihood of anxiety, depression, and post-traumatic stress disorder. In soldiers who had deployed once, about 12 percent had ...
        TIM BLAIR: NEWS/SPORTS/COMMUNITY... -
http://timblair.spaces.live.com/ 
 
        About the words "mad" and "madness"
        By Sandy Naiman
        Everyone experiences normal levels of "anxiety" and "depression." Those words are part of our lexicon. Some people cannot imagine what "clinical" anxiety or depression look or feel like. Not true for the words, "schizophrenia" or "mania ...
        Coming Out Crazy -
http://thestar.blogs.com/mentalhealth/ 
 
        We're All In This Together: Lynette Gives Roxy a Lesson on the ...
        By RoxiticusDH(RoxiticusDH)
        Lofty Matters shared the headlines from the American Psychological Association's online surveys about recent high levels of stress, along with a few of the economic statistics triggering these spikes in anxiety and depression. ...
        Roxiticus Desperate Housewives - http://roxiticusdh.blogspot.com/ 
        American Academy of Dermatology: How You Feel on the Inside Could ...
        ... rollercoaster of life, sometimes the "down" periods have long-lasting effects on more than just our mood. In fact, numerous studies link factors that impact our emotional well-being -- such as stress, depression and anxiety -...
        Latest Medical News from Bio-Medicine... -
http://www.bio-medicine.org/medicine-news-1/ 
 
        Practical Toolkit Provides Fresh Perspective On Anxiety Disorder
        It is often accompanied by depression or other anxiety disorders3,4 - and it has a substantial negative impact on quality of life, productivity at work, and healthcare costs.5 The condition is common, affecting approximately 39 million ...
        Accessibility News - Latest -
http://www.accessibility.com.au/news/ 
 

 

Tuesday, November 25, 2008

Important answers to consumers concerns

Top of the day to you!  I'm Donna J. Jodhan at the business desk.
Well, a well-deserved holiday coming this week and I hope that we all get to enjoy our Thanksgiving.
I have a lot of questions to answer this week before I go off on my holiday so here goes.
 
Important answers to consumers concerns
 
Question from Miko Simcar:  Donna, do you think that this present crisis will have an adverse affect on our mental
health?  Would the holidays bring more stress to us?
Answer:  Miko, I am afraid that with the approaching holiday season, more and more persons are probably going to find themselves suffering from stress. It is only natural that the holiday season would bring more stress to many whether in good times or bad but with the present economic down turn one should expect to see more stress creeping into the lives of more persons.  Please check out my reference below.  I hope it answers your question.
Holiday Stress A Problem In Tough Economy
WJTV - Jackson,MS,USA
He says the rough economy will create more anxiety and depression for people struggling to get by. "I think it's very distressing not to be able to do for ...
Read more at:
http://www.wjtv.com/gulfcoastwest/jtv/news.apx.-content-articles-JTV-2008-11-10-0030.html
 
Question from Grace Wong:  Do you have any info on what some of the top trends for home businesses could be for 2009?
Answer:  Grace, Yes, and I recently found this article on my desk.  Please give it a read.
The five top trends for '09 and how they impact on business
Australian Food - Melbourne,Victoria,Australia
Additionally, with more people "cocooning" in their homes to save money, companies are provided with an opportunity to create better products for dining, ...
Read more at:
http://www.ausfoodnews.com.au/2008/11/11/the-five-top-trends-for-09-and-how-they-impact-on-business.html
 
Question from Britney Nicholson:  Donna, my friends tell me that Facebook is not as safe as one might think.  Is there anything that I should be aware of?
Answer:  Britney, this article has been making the rounds.  I suggest that you check it out.  I hope it helps.
Facebook fraud
Ninemsn - Sydney,New South Wales,Australia
Have the latest Internet Security loaded on your home computer. There are a number of viruses which, once installed on a computer, send back to the hacker a ...
Read more at:
http://today.ninemsn.com.au/article.aspx?id=663482
 
Question from Amanda Eriksen:  Do you think that now that Obama is president, it could open up more opportunities for foreign language professionals?
Answer:  Amanda, I do not see why not!  However, I am not going to go out on a limb an expand on this.  So I will give you a reference to check out.
Obama's multi-lingual campaign is best practice for targeting US ...
Response Source (press release) - London,UK
... Chinese. It is also important to recognise 'American English' as a language in its own right, which is why we only ever use North American translators ...
Read more at:
http://www.responsesource.com/releases/rel_display.php?relid=43149&hilite=
 
Question from Leslie Georges:  Is work-related stress on the rise?
Answer:  Leslie, according to several articles that I have read, work-related stress is definitely on the rise and I have a really interesting article for you to check out.  This one focuses on the picture in Britain which may not be much different to North America.  Do check it out.
The Health and Safety Executive supports National Stress Awareness ...
In 2007/08 work related stress, depression and anxiety cost Great Britain in excess of £530 million. The number of workers who reported new cases of work-related stress increased by 237000. Many successful organisations use the HSE ...
I-Resources - Latest News -
http://www.i-resources.co.uk/ 
 
Question from Jim Gartner:  I am looking for some information on the investment climate in China.  What can you offer me?
Answer:  Jim, here you go.  This article seems very interesting and informative.  I just skimmed it so I will leave it to you to read on.
China 2.0 Tour profile: Bart Lapers
By elliottng
The China 2.0 tour should offer me a first introduction to business in China. [I want to] learn from young entrepreneurs how they identified opportunities, which challenges and difficulties they encountered building a venture in China. ...
CN Reviews -
http://cnreviews.com/ 
 
Question from Marion White:  Should seniors and retirees be looking for work to help supplement their incomes at this time?
Answer:  Marion, I am afraid so.  Things at the moment do not look very good for all of us but for seniors and retirees it is even gloomier.  The reference below should give you a more expanded picture.
As assets fail, seniors brace for a few more years at work
Pioneer Press - St. Paul,MN,USA
While they expected aging Americans to affect the economy — especially when the baby boomers retire and leave some professions shorthanded — they weren't ...
Read more at:
http://www.twincities.com/ci_10943474?nclick_check=1
 
Question from Don Green:  How safe is online shopping?
Answer:  Don, a very broad question but I have a perfect article for you.  Please read on.
ITRC: Is Shopping On-Line Safe? It All Depends on You!
MarketWatch - USA
Keep your computer protection programs, such as firewall, anti-virus, and anti-spyware software updated. If you have questions about your computer security ...
Read more at:
http://www.marketwatch.com/news/story/ITRC-Is-Shopping-On-Line/story.aspx?guid=%7B877C511F-462C-48F2-8715-8C4547DED
 
Question from Matt Ritzker:  Donna, can you tell me where I can go to get the picture on Canada re aging baby boomers retiring?
Answer:  Matt, I am not sure if I understand but hopefully the article below will give you some insight.  I hope it helps.
The graying of Canada
Toronto Star - Ontario, Canada
And many of those geriatricians are close to retirement themselves. The crisis facing Canada as our population bulge of baby boomers turns into seniors ...
Read more at:
http://www.thestar.com/comment/article/533210
 
Question from Donna Grunman:  Donna, Can tele commuting help to build a better and more productive work force?
Answer:  Donna, a very good question and in some ways I believe so but in other instances there may be arguments against this opinion.  I recently read the article below and I found it to be very interesting.  Please give it a read.
Can Telecommuting and a Four-Day Workweek Build a Better Workforce?
WELT ONLINE - Germany
Jobs that are high on daily customer contact or require access to in-office reference materials won't travel well, but those that are heavy on computer work ...
Read more at:
http://newsticker.welt.de/index.php?channel=fin&module=smarthouse&id=808844
 
Question from Stefane Micheau:  What do you think is the language of the Internet and how are people doing when it comes to being able to translate to and from English?
Answer:  Stefane, here you go.  An article that sheds some light on the present picture.  I hope it helps.
Challenges of the polyglot internet
By lokman.tsui
English so far is doing the job (poorly) as the lingua franca of the internet. Ethan warns us that machine translation will never be up to the task completely by itself. It will take a combination of tools and communities to achieve ...
Global voices, one world -
http://www.lokman.org/ 
 
Question from Jay Rampacker:  Donna, what do you think; are people eating better now that the economy is in turmoil?
Answer:  Jay, according to several articles that I have read, yes.  My reference below certainly confirms this.  Please give it a read.
Has the Economy Affected Your Healthy Eating Habits?
FitSugar.com - San Francisco,CA,USA
Has the Economy Affected Your Healthy Eating Habits? Yes, I've had to cut back on buying organic produce. Yes, I have had to drastically change how I shop. ...
Read more at:
http://www.fitsugar.com/2468774
 
Question from Rej Greco:  Donna, can you give me some info on the depression condition called SAD?
Answer:  Rej, certainly.  Here you go.  Please read my reference below.  It lays things out quite well for the reader.
About Depression: Feeling SAD?
By Duck(Duck)
This type of depression, known as seasonal affective disorder, or SAD, is a biologically-based condition related to lower exposure to sunlight during the shorter days of the year. The good news is, it's easily treated. ...
Health News Updates -
http://health.iwc.cc/ 
 
Question from Orlando Pestana:  I need some info on Botnets.  Do you have anything to say on this?
Answer:  Orlando, I am going to refer you to a reference below.  I hope it can help you to gain an understanding of what Botnets are.
Botnets: Keep computers up to date or else
TechRepublic - Louisville,KY,USA
Most individuals with home or SOHO computer networks don't have dedicated IT personal, the time, or inclination to keep computers current on every operating ...
Read more at:
http://blogs.techrepublic.com.com/networking/?p=719
 
Question from Angela Copperfield:  Donna, what are the benefits to making one's website multi lingual?
Answer:  Angela, this is my opinion.  If you want to keep everyone happy then you should seriously consider making your website multi lingual.  It is only natural that anyone would want to read the content of a website in their own language.  Please read my reference below.
Your website is driving away non-English speaking customers ...
Trouble is, when you're talking native tongue, English is the fourth most-spoken language in the world behind Mandarin Chinese, Hindi, and Spanish. If you want to leave out approximately 3.2 billion non-English speakers, go ahead, ...
Ecademy: user blogs -
http://www.ecademy.com/module.php?mod=blog 
 
Question from André Scott:  Donna, I am seeking a unique idea for an Internet based business.  Do you have any tricks up your sleeve?
Answer:  André, I just might.  Check out my reference below.  I really like this one.
A Find in Online Vacation Rentals
Sci-Tech Today - USA
"We see a terrific opportunity to build a great company." While the economic slump is forcing many consumers to cut back on travel, HomeAway thinks its ...
Read more at:
http://www.sci-tech-today.com/fullpage/fullpage.xhtml?dest=%2Fnews%2FA-Find-in-Online-Vacation-Rentals%2Fstory.xhtml%3Fstory_id%3D031003SEM8Z8
 
I am out of time for this week but before I leave you, here is my tip.
Use your skills to help generate extra income.  You would be surprised to know how you can use the simplest of skills to help bring in some well-needed earnings.  Skills can range from anything like using your hands to carry out house renovations to translation, transcription, and even holiday gift wrapping and cooking.
 
I'm Donna J Jodhan wishing you a terrific day, happy Thaksgiving, and a great week ahead.

Monday, November 24, 2008

As assets fail, seniors brace for a few more years at work

Good day everyone!  I'm Jeff N marquis at the business desk.
As the economy continues to grab the major headlines of the day, many seniors are bracing for a few additional years at work.  There was a time not too long ago when many of them were hoping to retire early and then walk off into the sunset to enjoy their golden years.  Not anymore and if you would like to learn more then please read below.
I'm Jeff N Marquis wishing you a pleasant day.
 
 
News for retirees, aging baby boomers, and seniors
Breaking news!  As assets fail, seniors brace for a few more years at work
 
        LibertyStreet Financial Group Launches New Government-Backed ...
        MarketWatch - USA
        SAN DIEGO, Nov 11, 2008 (BUSINESS WIRE) -- With many baby boomers coming of age, retirement incomes for seniors have remained relatively flat while the cost ...
Read more at:
http://www.marketwatch.com/news/story/LibertyStreet-Financial-Group-Launches-New/story.aspx?guid=%7BBEF7F5C3-B376-44BF-83EA-6A4D468A7EDA%7D
 
        As assets fail, seniors brace for a few more years at work
        Pioneer Press - St. Paul,MN,USA
        While they expected aging Americans to affect the economy — especially when the baby boomers retire and leave some professions shorthanded — they weren't ...
Read more at:
http://www.twincities.com/ci_10943474?nclick_check=1
 
        The graying of Canada
        Toronto Star - Ontario, Canada
        And many of those geriatricians are close to retirement themselves. The crisis facing Canada as our population bulge of baby boomers turns into seniors ...
Read more at:
http://www.thestar.com/comment/article/533210
 
        'Positive Aging' - People discovering their own fountain of youth
        KARE - Minneapolis,MN,USA
        While Hensel's story may sound extraordinary, experts say it's a sample of what's happening as 77 million baby boomers move into retirement. ...
Read more at:
http://www.kare11.com/news/news_article.aspx?storyid=527570
 
        Too many patients, too few doctors
        Toronto Star - Ontario, Canada
        His only hope is that "the baby boomers will wake up. They're assertive. They see what's happening to their parents, and they're realistic enough to realize ...
Read more at:
http://www.thestar.com/Atkinson2008/article/533870
 
              Mormon Times
        Home Alone -- Elderly face challenges in meeting needs
        Mormon Times - Salt Lake City,UT,USA
        With baby boomers poised to become Utah's elderly in the next decade or two, there may not be enough village to go around. Carl Vance learned about ...
Read more at:
http://mormontimes.com/mormon_living/health_lifestyle/?id=4976
 
        Arizona seniors' medical records going online in pilot program
        Tucson Citizen - Tucson,AZ,USA
        "Time is short, especially considering the tsunami of baby boomers who are on the cusp of retirement." With online records, patients can choose to make ...
Read more at:
http://www.tucsoncitizen.com/ss/arizona/102448.php
 
        Planning for a healthy retirement
        Calgary Herald - AB, Canada
        "The simple fact is that today's baby boomers are likely to live a great deal longer than any generation before them," says Lee Anne Davies, ...
Read more at:
http://www.canada.com/calgaryherald/news/calgarybusiness/story.html?id=bad01fb5-009c-4004-bbd2-2c2d9a6821b3
 
              Foreign Policy Passport
        The List: Obama's 10 Worst Ideas
        Foreign Policy Passport - USA
        What he said: "I'll make retirement more secure for America's seniors by eliminating income taxes for any retiree making less than $50000 per year. ...
Read more at:
http://www.foreignpolicy.com/story/cms.php?story_id=4461&page=1
 
        MarketTools November/December 2008 Insight Report on US Economy ...
        MarketWatch - USA
        Baby Boomers (in their mid 40s to early 60s) are cutting back the most, with 66 percent spending less on gifts this season. -- 57 percent of all respondents ...
Read more at:
http://www.marketwatch.com/news/story/MarketTools-NovemberDecember-2008-Insight-Report/story.aspx?guid=%7BE2C51416-6FC2-45FF-A5B9-7AB68CE53578%7D
 
        ULM gerontology program professor featured in National Journal
        Monroe News Star - Monroe,LA,USA
        It is estimated that about 4.5 million Americans already have Alzheimer's disease and that number could increase as baby boomers reach retirement. ...
Read more at:
http://www.thenewsstar.com/article/20081113/UPDATES01/81113005
 
        Job-hunting resources for retirees
        By Bill
        Aging Workforce News (www.agingworkforcenews.com/aginglinks.html) is not a job board but provides a useful collection of work-related links. • BoomerCareer.com is a collection of career articles and resources targeting baby boomers, ...
        EmploymentDigest -
http://www.employmentdigest.net/ 
 
        Long Term Care Insurance, Prepare for the Unthinkable
        By Terry Stanfield
        This gives you tremendous options. Mail this post. Technorati Tags: baby boomers, blogging, family, financial, financial planning, Health, Insurance, long term care, long term care insurance, retirement, seniors.
        Disability Issues and News -
http://www.scooterstoreauctions.com/blog/ 
 
        baby boomers
        by boomers,seniors,health,financial,retirement,family,long term care,financial planning Word Count: 524 Category: Finance:Insurance ——————————— Long-Term Care Insurance, Prepare for the Unthinkable. by Terry Stanfield ...
        Criminal News Stories -
http://todayscrimenews.com/ 
 
 
 

 

Saturday, November 22, 2008

Your personal bailout package

Hello there!  We the business team would like to bring you a very relevant article for your reading this weekend.
One that is extremely relevant to today's economic conditions, and one that comes from a very reliable source.  The views expressed here are those of the author and not ours.  We urge you to make up your own minds.  We are only here to ensure that you are provided with all the necessary information and we thank the hard working researchers at www.sterlingcreations.ca for passing this along to us.
Have a great weekend. 
 
 
Your Personal Bailout Package
 
                
 
Dear Investor,
 

 My name is Michael Warren, I am a partner of the firm Gryphon Financial and head of equity Hedge Fund strategies as well as managing our offshore Hedge Fund and Structured products division.  Since 1993 I have played a integral role in the developement of Gryphon Financial the Newsletter Division.  I am a graduate from Columbia University and The Wharton School of Business. I come from a long line of investors and Traders, as a matter of fact five generations.  It's my personal opinion that we can outperform any Newsletter in the business. I would be more than happy to help with any questions.  I can be reached at 1-800-828-9921 or 212-859-5088.
 

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What Goes Down Must Go Up
 

We have seen gold stocks absolutely destroyed this year beyond imagining, declining even more than bullion, with a 50% retracement of the prior decline in gold shares likely in the coming months. Such a sharp move in gold shares would not be surprising as the sell off this month has been overdone by any measuring stick with gold stocks currently presenting values never seen before.
 
Over the past year we have seen gold stocks underperform bullion with the trend accelerating to the downside since July as the credit crisis intensified. While the credit crisis explains the strong underperformance of gold shares recently, it does not explain the weakness seen in gold stocks relative to gold from November of last year until July of this year.
 
Figure 1
 
Source: Stockcharts.com
 
Perhaps the best explanation for gold share underperformance earlier in the year was due to rising oil prices that were cutting into gold producer margins. So, even though gold bullion was rising, it was not rising as much as crude oil because gold producer's profit margins were getting squeezed. The ratio of gold to oil serves as a relative proxy for gold miner profit margins and has displayed a close correlation with gold stocks relative performance to gold bullion. As seen in the figure below, the ratio of gold to oil peaked last year and has been falling since then, until recently as oil prices have collapsed while gold has held up more strongly. Typically, turns in the gold to oil ratio mark turns in the gold stocks to gold bullion ratio, and the recent upturn in the gold to oil ratio is likely signaling gold stock outperformance relative to bullion ahead.
 
Figure 2
 
Source: Bloomberg
 
Not only does the ratio of gold to oil point towards a rebound in gold stock outperformance, but so too does the ratio of gold stocks to gold itself which hit a major statistical extreme this month. The ratio is currently nearly three and a half standard deviations (SDs) from its multi decade long-term average, the most extreme reading seen in the past 24 years. The ratio should stay within two SDs from the mean roughly 95% of the time which has indeed been the case. However, the current reading of 3.41 SDs away from the mean should only happen 0.06% of the time, or to put it differently, 99.94% of all observations should be contained within 3.41 SDs of the mean.
 

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Figure 3
 
Source: Bloomberg
 
So you can see how extreme the current reading is from a statistical perspective, and readings roughly two SDs from the mean often mark peaks and troughs in gold shares. For example, the prior two lowest readings over the last 24 years in the XAU to bullion ratio have marked major turning points in gold shares. The -1.77 SD reading seen in 1986 marked a major move in gold shares with the XAU rallying 164% in just over a year. The -2.03 SD reading in 2000 marked the kickoff to the gold bull market this decade and the current reading also likely points to a major turning point in gold shares.
 
Figure 4
 
Source: Stockcharts.com
 
In terms of gauging a likely rebound in gold shares, a 38.2% Fibonacci retracement of the current decline would roughly coincide with the September bottom and an 84% move off the recent lows. A 50% retracement would put the XAU back to roughly 136 and mark a 111% move off the recent lows. Either way, the move in precious metals should be explosive as the downward thrust was exponential with the September lows likely marking the first line of resistance. A move back up to the September lows will be a welcome development for commodity bulls to recoup a significant portion of recent losses.
 
Figure 5
 
Source: Stockcharts.com
 
While the resource complex (and broad market for that matter) is likely to experience a sizable rally from oversold conditions, gold shares likely present the most attractive opportunity for several reasons. For starters, the gold to oil ratio is just off multi-decade lows with gold offering greater relative value than oil based on the historical relationship between the two. Reflecting the relative value between the two commodities is the ratio of gold shares (XAU) relative to oil shares (XOI), with the relative stock ratio also at multi-decade lows with gold shares representing a greater bargain relative to oil shares.
 
Figure 6
 
Source: Bloomberg
 
We have likely witnessed a major turning point recently in gold shares relative to oil shares. The trend in underperformance of gold shares relative to oil shares was broken last year as the Fed began to cut interest rates, which was the same backdrop for gold shares outperforming oil shares beginning in late 2000. Another similar development between the two time periods was the Federal Reserve expanding its balance sheet in a reflation effort. With the previous reflation effort paling in comparison to the current campaign, gold shares should outperform oil shares by a sizable margin.
 

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For a brief but dramatic moment today, some conference attendees thought perhaps God himself was delivering investment advice, as a voice bellowed out:
 

You do not make money in the market by looking in the same place as everyone else. <