Nov 19, 2010

Senate Approves $4.6B for black farmers, Indians

WASHINGTON (AP) — The Senate has approved almost $4.6 billion to settle long-standing claims brought by American Indians and black farmers against the government.

The money has been held up for months in the Senate as Democrats and Republicans squabbled over how to pay for it. The two class action lawsuits were filed over a decade ago.

The settlements include almost $1.2 billion for black farmers who say they suffered discrimination at the hands of the Agriculture Department. Also, $3.4 billion would go to Indian landowners who claim they were swindled out of royalties by the Interior Department. The legislation was approved in the Senate by voice vote Friday and sent to the House.

Elouise Cobell, a member of the Blackfeet Tribe from Browning, Mont. and the lead plaintiff in the Indian case, said Friday that it took her breath away when she found out the Senate had passed the bill. She was feeling despondent after the chamber had tried and failed to pass the legislation many times and two people who would have been beneficiaries had died on her reservation this week.

"It's 17 below and the Blackfeet nation is feeling warm," she said. "I don't know if people understand or believe the agony you go through when one of the beneficiaries passes away without justice."

John Boyd, head of the National Black Farmers Association, said the passage of the black farmers' money is also long overdue. "Twenty-six years justice is in sight for our nation's black farmers," he said.

Lawmakers from both parties have said they support resolving the long-standing claims of discrimination and mistreatment by federal agencies. But the funding has been caught up in a fight over spending and deficits. Republicans repeatedly objected to the settlements when they were added on to larger pieces of legislation. But Senate Majority Leader Harry Reid, D-Nev., satisfied conservative complaints by finding spending offsets to cover the cost.

The legislation also includes a one-year extension of the Temporary Assistance for Needy Families program, which gives grants to states to provide cash assistance and other services to the poor, and several American Indian water rights settlements in Arizona, Montana and New Mexico sought by Sen. Jon Kyl, R-Ariz.

In the Indian case, at least 300,000 Native Americans claim they were swindled out of royalties overseen by the Interior Department since 1887 for things like oil, gas, grazing and timber. The plaintiffs would share the settlement.

The Cobell lawsuit has dragged on for almost 15 years, with one judge in 2008 comparing it to the Charles Dickens' "Bleak House," which chronicles a never-ending legal suit. Using passages from that novel, U.S. District Judge James Robertson noted that the "suit has, in course of time, become so complicated" that "no two lawyers can talk about it for five minutes without coming to a total disagreement as to all the premises."

The Indian plaintiffs originally said they were owed $100 billion, but signaled they were willing to settle for less as the trial wore on. After more than 3,600 court filings and 80 court decisions, the two sides finally reached a settlement in December.

"Personally I still think we're owed a hundred billion dollars, but how long do you drag this thing out?" Cobell said Friday. "Do you drag it out until every beneficiary is dead? You just can't do that."

Cobell said she feels confident about passage in the House, where the two settlements already have passed twice as part of larger pieces of legislation.

For the black farmers, it is the second round of funding from a class-action lawsuit originally settled in 1999 over allegations of widespread discrimination by local Agriculture Department offices in awarding loans and other aid. It is known as the Pigford case, named after Timothy Pigford, a black farmer from North Carolina who was an original plaintiff.

The government already has paid out more than $1 billion to about 16,000 farmers, with most getting payments of about $50,000. The new money is intended for people — some estimates say 70,000 or 80,000 — who were denied earlier payments because they missed deadlines for filing. The amount of money each would get depends on how many claims are successfully filed.

The bill passed Friday would be partially paid for by diverting dollars from a surplus in nutrition programs for women and children and by extending customs user fees.

Interior Secretary Ken Salazar said with the passage of the Cobell settlement: "This is a day that will be etched in our memories and our history books."

Agriculture Secretary Tom Vilsack said passage "marks a major milestone in USDA's efforts to turn the page on a sad chapter in our history."

Last month, the Agriculture Department offered American Indian farmers who say they were denied farm loans a $680 million settlement. Hispanic and women farmers also have cases pending against the department.

Nov 18, 2010

NFL Picks Week 11

NFL Picks Week 11, Atlanta Falcons (7-2) are set to travel to the Edward Jones Dome (Sunday 16:05 ET on FOX) to take on the St. Louis Rams (4-5), whose fans are surprised that they still have a legitimate shot to win even the division even. The Falcons are tied for best record in the NFL and comes a week after his victory Thursday night against the Baltimore Ravens in Week 10. Online Sports Free handicap offers more precise selections and NFL sports betting odds lines of our dedicated team of experts NFL predictions. Search our winning NFL Picks selections below.

The Rams' defense in a hurry, sixth in the league with 97.8 yards per game, has been particularly strong in the last six games, allowing 79.8. That could force the Falcons, who ranked eighth with 128.0 yards per game, relying less on Michael Turner, who was held to a season-low 39 yards against the Ravens, and more on its passing game. White had 12 receptions for 138 yards and two touchdowns against the Ravens after practicing only once before the game due to a right knee injury. He leads the league with 70 receptions and is second at 934 yards. Betting lines have Sportsbook.com NFL Atlanta Falcons (-3) in the selection of Free NFL predictions about St. Louis Rams (3).

If you are looking for the inside edge, subscribe to our newsletter Free Sports Picks and get the information you need to make an informed decision on the best handicap NFL experts before each sports bet.

Atlanta, seeking the road to match last season's win total of three, is 6-0 inside this season, beating New Orleans in their only away game in a domed stadium. St. Louis won 28-16 on the visit of the Falcons last December 2, 2007. This time will be very different with Matt Ryan the management of this offense extremely well, and the organization as a whole is growing confidence that he can be number one in the NFC. Look for New Orleans to open the race, opening the game with an emphasis on the pass. The NFL betting spreads Sportsbook.com have the total points to 43.5 for this game, so it is a great opportunity for football betting platform bankroll playing along in what should be a high scoring game .

Best Buy Black Friday 2010 Ads

Best Buy Black Friday 2010 Ads, Among retailers, Target looks set to achieve its sales target for the Christmas season. These do not require proof of more than a look at the target site and the many offers that you plan for Black Friday.

The seller has redesigned its website to give the appearance of Christmas. His website is done in red vestments and white snowflakes. Other retailers like Best Buy or Wal-Mart needs to catch up otherwise you could lose the race destination.

Also, giving special offers on their websites, Target is asking customers to donate to the Salvation Army through their offerings. At Target gift cards purchased online will also be a donation to the Salvation Army. Target is giving away 100 and 25 gift cards in two days of shopping on Black Friday as part of its "Black Friday" sweeps. The title is what might attract customers to it. He says: "Buy Now, Spread the joy."

The retailer is also offering to send more than eight hundred thousand qualifying items at a price of + 50 or more. Some of these items are available exclusively online.

But not only the best deals, the target Web site also help customers with their purchases. It offers shopping tips, such as "Using Reverse Psychology," especially if someone has their hands in the destructor of the last door. In addition, you can also get all the Kraft food stamps in destination. You can save up to 20. Therefore, it is objective will be your favorite store this Christmas?

Erin Berry

Erin Berry, Eva Longoria is the latest victim of the roaming eyes of a man and she definitely will not be the last. This time the San Antonio Spurs player, Tony Parker and Longoria husband not only had eyes for one woman, but a couple of them.

Already one of the names of women has been flashed his former teammate Tony's ex-wife Erin Berry Brent Berry. Mrs. alleged other still unknown, but is said to be in touch with Tony via Facebook.

Just like most other ladies Eva seemed to have anticipated that look across Tony's infidelity until the union of the new triangle is too much.

It could have been very probable that Eva does not even believe Tony is connected with the wife of his former teammate, but once I made the star of Desperate Housewives, I was so desperate to look the other way and let Tony traps in it.

In a very pleasant Eva just decide not to be the other point in the triangle relationship and that Tony and Erin form of the bond. So with the time it is possible that some areas more than Tony sprout or was satisfied with Erin, Eve and the alleged lady Facebook being married to Eva. Let's wait and see.

At And T

At And T, The Republicans always use the excuse that we have to give the rich huge tax cuts, it is the "job creators." Of course, the reality is that giving tax cuts to the rich is the worst form of more money into the economy. The multiplier effect of tax cuts for the rich is the lowest in almost any program to encourage the government can address.

Also, if you are creating jobs, not here. The money is flowing out of the country and in developing markets at an incredible rate. Between 2002 and 2008 Bush tax cuts and amounted to 1.3 billion. The amount of money leaving the United States in the form of investment in developing countries during the same period of time - and 1.9 billion dollars. It can be argued that all tax cuts for the rich left the country and something else (of course, is a bit more complicated than that, but obviously much of the extra money went into investment abroad).

So, if you are creating jobs through tax cuts is probably in Shanghai or Mumbai. Therefore, the Republican response now is to ... more tax cuts for the rich. They want to give to 700 million dollars in tax cuts for the top bracket in the next ten years. I have a revolutionary idea in place.

How about instead of giving money to the rich and hope that creating jobs, just to create jobs! Imagine what we could build and how well we can do for the country if they used that extra $ 700 million to hire people actually directly. Imagine how many jobs it could create.

Might be worth if you just hire people to do otherwise would be a volunteer. Might be worth if you just build a whole new green energy sector. Might be worth if you just hire a large number of teachers to give our children the best education in the world. Might be worth if we hire more police to protect many of our streets and firefighters to protect our neighborhoods. Or the doctors to treat our patients. Or people to care for the elderly or disabled. Or people to look after our kids while we work. Or people to build bridges and roads. Or anything else you can imagine.

Imagine. And 700 billion set aside to hire people only. To hire Americans. Or we can go with the Republican plan to give everything to the rich and hope to create jobs at some point and hope that the work here in America. You be the judge.

Tony Parker Brent Barry

Tony Parker Brent Barry, A sound of the explosion online claims Tony Parker was allegedly involved with the wife of former teammate Brent Barry Erin Barry, and she is the "other woman", whose text messages Eva Longoria says that the reports are in Parker's phone.

This is what we know ...

According to his friend Mario Lopez, Longoria found "hundreds of text messages" other woman "who turned out to be the wife of one of his teammates [Parker]."

Lopez did not release members (or former) of the San Antonio Spurs was Parker's teammate in question.

However, a reporter for Sports Illustrated magazine named Bryan Armen Graham Twitter "is on good authority from sources of entertainment that" former teammate "in Tony Parker, Eva Longoria is a matter of Brent Barry."

Sports Illustrated reporter, reveals nothing more about their sources.

If Barry comes to be the player in question would be his wife, Erin Barry, a woman whose text messages led to marriage Longoria and Parker.

Brent Barry and Erin are currently in the midst of a divorce.

Gossip Cop agent Barry reached for comment.

Once more, now are merely accusations and Gossip Cop is working to verify the allegations.

Stock Quotes

Stock Quotes, Stock prices have useful information about the value of a stock at a given time. Traders often use quotes for information on changes in the stock market and make trades. Stock quotes are available in a variety of sources, such as Yahoo Finance or MSN Money.

They usually appear as fractions or decimals, quotes provide information on stock prices at different times. Stock prices are quoted in percentage points in increments of eighths of a point. in the U.S., each point equals one dollar, and each increase is 12 cents and a half. which are the main tool for businesses to conduct trade or investment. Quotes are also available for other derivatives such as futures, options, forex, currencies etc. there are many different types of appointments as historical quotes, quotes delayed and real time quotes. Historical quotes are used to understand and predict periodic trends of stock. are the prices and patterns of change before a specific point in time. Delayed quotes are delayed by 15-20 minutes. Most stock market investors and traders use them. real-time quotes are less than a minute behind, and are usually provided by specialized websites cited. These are generally used for day traders online trading according to very small changes in stock prices.

How are stock prices vary from one source to another. Some may be graphs with the values, others are pictures that show the values, or may even be a single line of words with alphabets and decimals. Stock quotes presentations from different sources can also vary depending on the information provided therein. a fully detailed stock quote includes the price change of day, day trading range, 52 weeks (one year) range, the volume of shares traded, the average volume of trade, market capitalization, earnings per share (EPS), dividend yield, the P / E, the closing price, highest price of the day, and lowest price of the day.

Every action has a set of events known as the bid price and ask price. the price at which market makers or specialists are willing to purchase the shares is the bid price. the selling price is the price at which the market maker is willing to sell the shares. spread is the difference between the ask price and bid price, which is responsible for liquidity in low priced stocks. Ask price and bid price are a necessity, because for every buyer has to be a seller and every seller there must be a buyer

stock quotes are available in a variety of resources. Delayed stock quotes can be obtained from magazines, newspapers, websites of the company, the stock market, broker web sites, Yahoo Finance and MSN Money (although most often quoted a newspaper is a day of delay, while the Internet quotes are delayed 15 minutes.) While delayed stock quotes are free stock quotes in real time is a paid service. Recently Google and CNBC have presented their willingness to provide free stock quotes in real-time NYSE stocks with the SEC, which if done will actually be an additional benefit to all types of traders.

Gm Stock Price Today

Gm Stock Price Today, Today has seen General Motors - also known as GM - start to operate in the New York Stock Exchange on the day of IPO, you should be able to see the price of the shares of GM today at Market Watch. The IPO has set records, which analysts expect GM to raise about 23 billion and could be marked as the largest IPO in the world.

General Motors has had a difficult time recently, and Chris Liddell (CFO GM) said he is "grateful" to those who were in charge of GM during this period. Interested parties are stuck with GM should be happy with today's results, which have seen an increase of around 31 percent in its IPO.

Following the IPO date, GM is setting the final terms and price of the shares is set at 33 per share and thought it would be nice to have a closer look at the "IPO Date." Raman Manikandan over in Ibtimes.com asked if the successful flotation of GM would be enough? What are your thoughts on this? You can read his full article here, which looks at the possibility of a faster recovery from General Motors to the U.S. Treasury, and the article examines the new owners of GM, including Chinese state enterprises.

Must see stock trading under the symbol of GM, with car sales increasing the future looks good for GM, but getting too relaxed can see the problems sneak up on them. Read more about GM ibtimes.com IPO. How about GM's next move be?

General Motors Stock Symbol

General Motors Stock Symbol, General Motors (GM) began operations in and 35 in the New York Stock Exchange this morning, after an initial offering of shares and 33 per share. The Wall Street Journal has more on the unique situation of GM:

Unlike private company IPOs, where the owners are willing to sell at a deep discount to ensure a good jump on the first day, the U.S. Treasury, the largest owner of GM, was on a mission to get the maximum amount of your investment, which was funded with taxpayer money. There was concern that politicians and Wall Street is roasted to leave money on the table if the action is shot too high.

some of the money from the sale of common stock-flow at the automaker. Most stock-358 million, or $ 412 million with an over-allotment option, came from the U.S. Treasury, which took a majority stake in the company as part of a rescue plan financed by taxpayers last year.

Through the sale, the Treasury cut its stake to 37% from 66% and could drop up to 26% if the over-allotment and warrants are exercised. Is expected to further reduce its stake in the future monitoring of sales. Any future sales are subject to a lock delay of several months.
GM's total sales of common stock and could reach 18.1 billion if underwriters to sell additional shares in an over-allotment, according to the Journal. That would make it the second largest IPO in American history, the newspaper says.

GM reduced market share gains modest gains, looming pension costs, and lack of effective internal controls of financial reporting that is too risky, Dow Jones writes David Weidner, who likens the current hype about the smell of excitement GM new car, but without the guarantee.

The same hype is good for the government, which hopes to recoup its losses and show that the GM rescue plan was the right decision. The government saved nearly 1.4 million jobs by the rescue of GM, according to The New York Times. A successful stock offering would be one of the biggest economic successes of the Obama administration. For the sake of taxpayers, let's hope the GM's IPO is not speculation.

GM Stock


NEW YORK (AP) - General Motors stock began trading on Wall Street again Thursday, signaling the rebirth of an American corporate icon that collapsed into bankruptcy and was rescued with a $50 billion infusion from taxpayers.

The stock rose sharply in its first minutes of buying and selling, going for nearly $36 per share -- nearly $3 more than the price GM set for the initial public offering. The stock traded for less than a dollar when the company filed for bankruptcy last year.

On the floor of the New York Stock Exchange, a crowd jostled around the company's trading post, adorned with its familiar blue-square logo with an underlined "GM." Raucous cheers had gone up minutes earlier as CEO Dan Akerson rang the opening bell.

The government hopes that the stock offering will be the first step toward ultimately breaking even on the bailout. For that to happen, the government needs to sell its remaining GM holdings for an average of roughly $50 a share over the next several years.

In the initial offering, the government reduces its ownership stake from 61 percent to 33 percent. The federal Treasury is unloading more than 400 million shares of the resurrected GM, which is smaller -- but cleansed of most of its debt. The company is making money.

"There's a lot of work to do, but today is the beginning of the new company," said Mark Reuss, GM's North American president.

The IPO could wind up as the largest in history. GM raised the initial price to $33 and increased the number of shares it was offering because investor demand was so high. Counting preferred stock issued by the company, the deal's value could top $23 billion.

The stock offering is the latest in a series of head-spinning developments over the past two years for an American corporate icon.

In September 2008, to mark its 100th birthday, the automaker celebrated in the grand three-story atrium on the ground floor of its Detroit headquarters.

Two months later, then-CEO Rick Wagoner found himself in front of members of Congress, begging for money to keep GM alive. Four months after that, he was ousted by President Barack Obama.

By June 2009, GM had filed for bankruptcy. It emerged relieved of most of its debt but mostly owned by the government and saddled with a damaging nickname: "Government Motors." The value of its old stock was wiped out, along with $27 billion in bond value.

Now GM is a publicly traded company again with the familiar stock symbol "GM." Obama on Wednesday said GM's IPO marks a major milestone not only in the turnaround of the company, but of the U.S. auto industry as a whole.

Most of the new stock will go to institutional investors, not to everyday investors, following a Wall Street system that rewards investment banks' big customers. GM will set aside 5 percent of its new stock for employees, retirees and car dealers to buy at the offering price. The deadline to sign up was Oct. 22, but the company has not revealed how many people took the offer.

Early Thursday, GM's main joint venture partner in China, SAIC Motor Corp., said it has bought a nearly 1 percent stake in GM, buying shares being offered in the IPO at a total cost of nearly $500 million. The Shanghai-based, state-run SAIC said the share purchase is meant to enhance its cooperation with GM in China, the world's biggest auto market.

Senior Obama administration officials said Wednesday that the Treasury Department sought to strike a balance between getting a return for taxpayers and exiting government ownership as soon as practical.

The government has agreed that it will not sell shares outside the IPO for six months after the sale. The officials, who spoke on condition of anonymity, said they would assess their options for selling the government's stake further.

In the stock offering, the government made $11.8 billion by selling 358 million shares at $33 apiece. It stands to make $13.6 billion if bankers exercise options for up to 412 million shares, as planned. The government would still have about 500 million shares, a one-third stake. It would have to sell those shares over the next two to three years at about $53 a share for taxpayers to come out even.

The government's strategy in retaining shares is to wait for GM's finances to improve, pushing the stock price up even further during the next couple of years. If that happens, the government stands a chance of getting most of its money back.

The total bailout was $50 billion. GM has already paid or agreed to pay back $9.5 billion. That comes from cash and payments related to preferred stock held by the government.

Reuss said he knows there's pressure to keep performing well and boost the stock price even further.

"I can't control share prices," he said. "I'll just go right back to designing and building and selling the world's best vehicles. That's what we can control."

The GM debut comes at a time when auto stocks are performing well generally. The stock of GM's crosstown rival, Ford, has risen steadily this year, from about $10 in January to about $16.50 as the GM IPO approached. The stock traded for a dollar in November 2008, and Ford never even took bailout money.

As for GM, whether bankruptcy actually fixed the company remains an open question, but it is far healthier in its new form. The company closed 14 of its 47 plants, shuttered or sold off its Hummer, Saturn, Saab and Pontiac brands, and slashed its debt from about $46 billion to about $8 billion.

Union retiree health care costs are now the United Auto Workers' responsibility, and the controversial jobs program that paid idled workers almost a full salary has been scaled back dramatically.

GM employs 209,000 people in the United States today, down from 324,000 in 2004. But it's making money. Before bankruptcy, GM lost about $4,000 per car. Now it makes about $2,000 each.

William And Kate Interview

William And Kate Interview, (UKPA) – The impact of Prince William and Kate Middleton’s royal wedding on “brand Britain” will outweigh the costs to the country, a friend of the couple has said.

Broadcaster Tom Bradby, who was the first journalist to interview the Prince and his fiancee, highlighted how the big event would boost UK tourism.

William and his bride-to-be are now sitting down with royal advisers to begin planning their wedding day, expected to be in March, according to Mr Bradby, ITV News’ political editor.

Both the bride and groom have wealthy parents so the cost of the wedding is not the issue but the amount to be spent. The pair are conscious of this according to a St James’ Palace spokesman, who said they were “mindful of the economic situation”.

But the policing bill for the wedding, to provide security for the public and guests who could include world leaders and royalty from across the globe, could run into tens of millions of pounds.

Speaking on This Morning, Mr Bradby said: “We’ve got to understand this is a massive global (event), it’s playing enormously all over the world. I would imagine there will be many many tourists from America and places like that who will want to come here and be in London during the event.

“The costs, if we split it up amongst us, will be so infinitesimally small and the impact on brand Britain and just the impact from say tourism (will be big). We’ve now got this next year and then the (Queen’s) Diamond Jubilee and the Olympics (in 2012).”

The broadcaster said the couple have a preferred month in which to tie the knot.

He said: “I think they want to have it in March … their people have now got to go down to (Buckingham) Palace and sit around and go ‘right, now who do we invite? Do we invite the Obamas, do we invite the Sarkozys?’”

Bradby praised Miss Middleton’s performance during his television interview which followed the couple’s much anticipated announcement of their engagement. He added: “I thought she did pretty well, she was very nervous. I think one of the things people have to understand is she’s not a massive showboater.”

Copyright © 2010 The Press Association. All rights reserved.

Christopher Hitchens

Christopher Hitchens, A sudden dislike a man when he is down – and Christopher Hitchens, facing an almost certain fate of a cancer, is certainly down. But as he lived his life without pulling punches against those he felt (whatever standards he held at the time) to spew bullsht loopholes, pay tribute to his cherished principle in applying it to his own words.

? Hitchens has been given a sumptuous spread and almost entirely adulatory in The Observer this weekend, holding forth in his usual “young leftist apologist years was imperial” manner. There is not much interest in the interview, and I would have ignored if not for an extraordinary passage in which Hitchens demonstrates perfectly the self-willful blindness of those who end up worshiping at the altar of Moloch militaristic.

In defending his advocacy of provocation, the illegal invasion of Iraq – and reiterating his unwavering support and still glowing approval of this war crime in progress, Hitchens made this statement:

? “I am pleased that we are not having an inquiry now, we would [if there had been no invasion], which enabled us to Rwanda or Congo to expand in the Gulf, Iraq imploding right before our eyes, a whirlwind of violence and crisis, a society reduced to begging and fractured and traumatized, waiting to fall apart. ”
? Of course, what Hitchens does here – that even the speaker realizes sycophants – described exactly what happened in Iraq because of the invasion. It is in fact an excellent description of the fate of the conquered nation in the hands of the monstrous assault he has championed. ?

Yet he managed to convince himself that the rape of Iraq has prevented what he saw happen right in front of his eyes, year after year. Obviously, somewhere in his mind, he vaguely knows the truth is his brain registered the undeniable fact that Iraq has indeed become a “vortex of violence and crisis, a society reduced to begging and fractured and traumatized.” But the current reality – which came precisely because and only because of the invasion and occupation of which he still defends – was transposed into what he now believes were his fears of what might happen if Iraq had not been invaded.

This could be attributed charitably scrambled backward projection of the side effects of chemotherapy unhappy – if not for the fact that Hitchens has demonstrated this same moral blindness for years, perhaps since the time he was openly exulting in the 9 / 11 attacks, considering these mass murders of the glorious promise of a world conflagration – yes, indeed, a biblical Armageddon, “. A war to the finish between everything I love and everything I hate” The thought of such a tsunami of blood and destruction, which – and is – the consumption of the lives of thousands and thousands of innocent people had been “euphoric,” said Hitchens.

But it has always been with religious extremists. Hitchens may be moved from Marx to Moloch in his fanaticism, but the blind – not to overstate it – idiot accession to the doctrine of sacred violence (whether Trotsky “permanent revolution “or America’s Terror War imperium) remained firm. And even when he looks into the abyss last, he is dosing himself with pure illusion to avoid the realization of his complicity with evil.

Burning Man

Burning Man, (CP) – Tanya Zumach isn’t afraid of fire. She got engaged at Burning Man, an annual desert gathering in Nevada that culminates in a huge ceremonial fire, and her frequent parties sometimes include fire spinning, a sort of dancing performance art with flaming objects.
But simple candles, placed too close to the curtains, turned on her one night. The curtains caught fire during a huge Thanksgiving party she and husband Matthew McCune were giving in their Portland, Ore., home. Luckily, guests managed to quickly douse the flames.
A party disaster can happen just that quickly — something breaks, falls, catches on fire. Or it can happen more slowly, like not allowing enough time to thaw the turkey.
Either way, the party doesn’t have to be ruined. This holiday season, hosts should remember two essentials for handling the inevitable glitch: alternate plans and a good attitude.
As Beth Wareham, editor of the latest “Joy of Cooking” (Scribner, 2006), quotes that book’s co-author, Irma Rombauer, as saying:
“A host is like a general: It takes a mishap to reveal his genius.”
Or take it from Zumach, who has fond memories of her Thanksgiving emergency. “After that, the party had a whole different energy,” she said. “It was, ‘We just saved the house. Let’s party!’”
When party disaster threatens, first, have a plan. And a backup plan.
“Murphy’s Law does exist,” said Greg Jenkins, an event planner for Bravo Productions in Long Beach, Calif. “To minimize damage control, the party-giver should think of every possible scenario. That might include having the emergency number of a plumber and electrician handy, as opposed to thumbing through the yellow pages making a plethora of calls.”
Even with a Plan B, hosts should expect something to go wrong and not let it upset them, says Diane Gottsman, owner of The Protocol School of Texas, which teaches etiquette in San Antonio.
“It would be a miracle to host a party and have the entire event go off smoothly without even a minor accident. If someone spills wine on your favourite chair, take care of it immediately and assure your guest that it is no big deal. Even if it is a huge deal,” she said. “You don’t want your guest to feel bad or put other guests in an uncomfortable situation while you sulk.”
Have realistic expectations about your culinary abilities in particular, said Ted Allen, host of “Chopped” on the Food Network.
“The holidays are the one time a year when people who don’t cook any other time of the year suddenly cook for 27 people,” he said. If that sounds familiar, cook as many dishes ahead of time as possible and consider going potluck, which not only takes the pressure off but gives guests a chance to share traditions and recipes.
Allen once baked cinnamon rolls for a restaurant-critic colleague but neglected to use a drip pan to catch the bubbling icing and sugar. Just as the smoke detector went off from the mess in the oven, the doorbell rang.
Another time, he instinctively reached for a pan handle without thinking where it was — in a hot oven where salmon filets were cooking. He sat at the dinner table for the rest of the night with his hand in a glass of cold water.
Allen didn’t consider either event a failure.
“There aren’t many better ways to show your love for friends than to cook for them,” he said. “If it doesn’t work out, you need to have the ability to laugh it off and order a pizza.”
If something goes wrong, your guests might not even know, said Sara Gaum, owner of the event-planning website VendorBar.com.
“Your guests do not know all of the details of your event like you do, and they won’t know if the cake flavour is wrong or if dinner was served five minutes late,” Gaum said. “Guests will look to you to see how they should react. Shrug off the bad stuff and enjoy yourself.”
Lori Shaffer and her husband, Michael, had just moved into a new home in Hainesport, N.J., when they invited their neighbours to a holiday party. One, Karyn Lockshine, accidentally knocked over a dark green candle, sending wax flying onto the walls, the carpet, the tablecloth and the white dining room chairs. Together, she and Shaffer tried to clean up, but the wax had stained everything.
A few days later, Lockshine arrived at Shaffer’s door with a basket of cleaning products, and the pair ironed wax out of the carpet and repainted the walls.
One chair, Shaffer said, “was ruined, but still to this day I have not recovered it. The green stains just remind me of how I met my best friend.”
As for Zumach, she continues to host Thanksgiving dinners and has no delusions they will be perfect.
“It just becomes a story to tell,” Zumach said.
———
Online:
Protocol School of Texas: http://www.protocolschooloftexas.com/
Ted Allen: http://www.tedallen.net/Home.html
Vendor Bar: www.VendorBar.com
Bravo Productions: www.bravoevents-online.com
U.S. Department of Agriculture turkey tips: http://www.fsis.usda.gov/factsheets/lets_talk_turkey/index.asp
Copyright © 2010 The Canadian Press. All rights reserved.

General Motors

NEW YORK (AP) -- General Motors stock began trading on Wall Street again Thursday, signaling the rebirth of an American corporate icon that collapsed into bankruptcy and was rescued with a $50 billion infusion from taxpayers.

The stock rose sharply in its first minutes of buying and selling, going for nearly $36 per share - nearly $3 more than the price GM set for the initial public offering. The stock traded for less than a dollar when the company filed for bankruptcy last year.

On the floor of the New York Stock Exchange, a crowd jostled around the company's trading post, adorned with its familiar blue-square logo with an underlined "GM." Raucous cheers had gone up minutes earlier as CEO Dan Akerson rang the opening bell.

The government hopes that the stock offering will be the first step toward ultimately breaking even on the bailout. For that to happen, the government needs to sell its remaining GM holdings for an average of roughly $50 a share over the next several years.

In the initial offering, the government reduces its ownership stake from 61 percent to 33 percent. The federal Treasury is unloading more than 400 million shares of the resurrected GM, which is smaller - but cleansed of most of its debt. The company is making money.

"There's a lot of work to do, but today is the beginning of the new company," said Mark Reuss, GM's North American president.

The IPO could wind up as the largest in history. GM raised the initial price to $33 and increased the number of shares it was offering because investor demand was so high. Counting preferred stock issued by the company, the deal's value could top $23 billion.

The stock offering is the latest in a series of head-spinning developments over the past two years for an American corporate icon.

In September 2008, to mark its 100th birthday, the automaker celebrated in the grand three-story atrium on the ground floor of its Detroit headquarters.

Two months later, then-CEO Rick Wagoner found himself in front of members of Congress, begging for money to keep GM alive. Four months after that, he was ousted by President Barack Obama.

By June 2009, GM had filed for bankruptcy. It emerged relieved of most of its debt but mostly owned by the government and saddled with a damaging nickname: "Government Motors." The value of its old stock was wiped out, along with $27 billion in bond value.

Now GM is a publicly traded company again with the familiar stock symbol "GM." Obama on Wednesday said GM's IPO marks a major milestone not only in the turnaround of the company, but of the U.S. auto industry as a whole.

Most of the new stock will go to institutional investors, not to everyday investors, following a Wall Street system that rewards investment banks' big customers. GM will set aside 5 percent of its new stock for employees, retirees and car dealers to buy at the offering price. The deadline to sign up was Oct. 22, but the company has not revealed how many people took the offer.

Early Thursday, GM's main joint venture partner in China, SAIC Motor Corp., said it has bought a nearly 1 percent stake in GM, buying shares being offered in the IPO at a total cost of nearly $500 million. The Shanghai-based, state-run SAIC said the share purchase is meant to enhance its cooperation with GM in China, the world's biggest auto market.

Senior Obama administration officials said Wednesday that the Treasury Department sought to strike a balance between getting a return for taxpayers and exiting government ownership as soon as practical.

The government has agreed that it will not sell shares outside the IPO for six months after the sale. The officials, who spoke on condition of anonymity, said they would assess their options for selling the government's stake further.

In the stock offering, the government made $11.8 billion by selling 358 million shares at $33 apiece. It stands to make $13.6 billion if bankers exercise options for up to 412 million shares, as planned. The government would still have about 500 million shares, a one-third stake. It would have to sell those shares over the next two to three years at about $53 a share for taxpayers to come out even.

The government's strategy in retaining shares is to wait for GM's finances to improve, pushing the stock price up even further during the next couple of years. If that happens, the government stands a chance of getting most of its money back.

The total bailout was $50 billion. GM has already paid or agreed to pay back $9.5 billion. That comes from cash and payments related to preferred stock held by the government.

Reuss said he knows there's pressure to keep performing well and boost the stock price even further.

"I can't control share prices," he said. "I'll just go right back to designing and building and selling the world's best vehicles. That's what we can control."

The GM debut comes at a time when auto stocks are performing well generally. The stock of GM's crosstown rival, Ford, has risen steadily this year, from about $10 in January to about $16.50 as the GM IPO approached. The stock traded for a dollar in November 2008, and Ford never even took bailout money.

As for GM, whether bankruptcy actually fixed the company remains an open question, but it is far healthier in its new form. The company closed 14 of its 47 plants, shuttered or sold off its Hummer, Saturn, Saab and Pontiac brands, and slashed its debt from about $46 billion to about $8 billion.

Union retiree health care costs are now the United Auto Workers' responsibility, and the controversial jobs program that paid idled workers almost a full salary has been scaled back dramatically.

GM employs 209,000 people in the United States today, down from 324,000 in 2004. But it's making money. Before bankruptcy, GM lost about $4,000 per car. Now it makes about $2,000 each.

Nov 17, 2010

Your Highness

Today, the nation of the film News was flooded by a sudden surge of new trailers. Hot on the heels of the 'Cars 2' trailer, you can now take a look at those for the fantasy comedy "His Highness" and the remake of the classic murderer for hire "The Mechanic."

There could be a strange jumble of things trailer available for your viewing pleasure, by giving them both a watch after the jump!

The first trailer in the group is David Gordon Green track your wonderful and ever so slightly underestimated, "The Pineapple Express." How exactly what happened 'Your Highness? An R-rated adult stoner comedy shot like a fantasy movie of 1980? Dungeons and Dragons and Jokes Bongs and between the legs? Whatever it is, this red band, totally NSFW trailer is absolutely hilarious:

Perhaps this strange film at the box office goes low and a cult, but the fact that there is, to use the language of their own trailer, only motherf * cking magic. James Franco, Danny McBride and Natalie Portman go on a quest through a mystical land to rescue Zooey Deschanel from the clutches of an evil sorcerer? And it's a comedy? What's not to love? Sign us up.

And next we have "The Mechanic." Say what you will about the quality of the films stars, but if there's a movie star alive today who is man enough to step into the shoes of Charles Bronson, is Jason Statham. Hot on the heels of our impressive lineup premiere of the film is a trailer that promises one thing: "The Mechanic" will feature many pieces Statham bad representation. See for yourself:

Yes, that's Ben Foster Statham playing apprentice seeking revenge. Yes, that should increase its interest tenfold. Nothing in the trailer screams "unique and innovative cinema!" but sometimes all a film has to do is kick a lot of ass and have a lot of names. As solid action films go, "The Mechanic" looks like it could be a winner.

What's in the trailer day? What movie do you most want? Talk about it in the comments below!

Sky Nellor

Sky Nellor,Up-and-coming DJ Sky Nellor has struggled to find a man to spend the rest of your life with, and was recently featured in an episode of Bravo's popular show "The Millionaire Matchmaker" for a little extra help.

Nellor is a former model, DJ and millionaire who has dated before the likes of Adrian Brody and Jamie Foxx, which makes it difficult for a normal man to compete.

Nellor met several different perspectives and ended with a call out Kevin.

The date went well, but in the end Nellor said she did not feel like Kevin was "the one."