Why is China willing to lend us money? Actually, it’s more than that; for if anyone borrows money from someone with no plan or budget as to how to ever repay that loan, then it becomes not money borrowed, but money given away.
The extremely large amount owed to China by each American taxpayer is, for all intent and purposes, simply impossible to ever repay. Ever. Not even by future generations.
So now the question becomes: Why is Communist China wanting to give away millions and millions of dollars to wealthy America, the land of the free they abhor, while at the same time their own people receive very low wages?
Instead of asking China for even more money, we ought rather to be holding up picket signs reading, “I will not buy ‘Made in China’ unless these factory workers are paid a fair wage by their government.”
Do we have no concerns that our luxury and lower-priced items are made on the back of unpaid workers and political prisoners? Are we truly a Christian nation of love and peace .... or not?
China has recently demonstrated will why they give us money; to shut us up. These “purse strings” are now so tightly woven around President Obama’s feet that he is unable to walk toward freedom.
But, then again, perhaps our president approves of China’s one child policy?
The idea alone, even ... millions and millions of married women being arrested for being pregnant and dragged off to have their baby killed against their wishes is horrible. It is cruel, a terrible injustice. As are late term c-sections to murder a father’s son.
And then the very brave man in China, a leader in protesting this brutal exercise of cold power given absolutely no help by our American government. He now must suffer greatly. President Obama and Hillary Clinton are silent. Our want of China’s money allows China to control us. Pure and simple.
Morning business news - May 21 - RTE Online
RYANAIR SAYS FUEL BILL TO HIT PROFITS THIS YEAR - Ryanair has reported record annual results for the year to the end of March. The airline took in €503m after tax - a 25% increase year-on-year while revenues rose by 19%.
The company's deputy chief executive Michael Cawley says the record outcome was achieved despite the fact that the airline's fuel bill rose by over €360m. He said this was partly offset by a 16% rise in fares, but Ryanair can not really increase fares again this year. He says the rate of growth in the airline's passenger numbers has declined in percentage terms as the number of bases continues to increase but that overall passenger numbers will continue to climb. Mr Cawley says that Ryanair has major potential to grow through opening more bases throughout Europe and by taking over the routes of collapsed competitors. He predicts that many more airlines will go out of business as their fuel bills make their businesses unsustainable. Mr Cawley says Ryanair will continue to reduce costs in its business as it tries to protect its passengers from higher fares.
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MORNING BRIEFS - French bank 3CIF is the latest euro zone lender to run into trouble. It has outstanding mortgage loans of €33 billion. That is relatively small in the context of a country as large as France and represents just 4% of the market but it looks like becoming a burden on the state. Late Thursday night ratings agency Moody's warned it could not see the bank surviving without financial assistance and that it seemed unlikely that would come from the private sector. Reports over the weekend say HSBC bank has been appointed to sell 3CIF but analysts not optimistic that will happen. If not it will be up to the new French finance minister Pierre Moscovici to make the call on whether to nationalise.
*** Almost $4 trillion has been wiped off the value of global shares this past month. Investors clearly spooked once more by fears over the stability of the Euro and the euro zone. Most major European stock markets head into this last week of the month in the red for the year as a whole. In New York the S&P 500, the broadest measure of US shares, has dropped over 7% in May and has finished down for six sessions in a row.
Video: Financial security improves - Yahoo Finance
Kristin's intro: Americans are showing their first indications of improving financial security. In the monthly Financial Security Index, Bankrate.com found that, relative to one year ago, consumers feel their financial security has actually improved. But will it last? Here with some insight is Greg McBride, senior financial analyst at Bankrate.com.
So Greg, it's nice to see that for the first time since polling began in December 2010 that the attitudes of Americans are upbeat when it comes to financial security. In what areas are people feeling better?
Greg: Consumers are feeling better Kristin, and we see this in their feelings of job security, comfort level with debt, their net worth, and how they feel about their overall financial situations. Savings remains the lone sore spot, with those that are less comfortable with their savings outnumbering those that are more comfortable by a margin of more than 2-to-1.
Kristin: The economy is expanding and consumers seem to be benefiting. Are there any risks on the horizon?
Greg: Despite dropping a bit in recent weeks, high gasoline prices are still squeezing consumers, particularly when their incomes have been flat. Nearly 6-in-10 Americans -- 59 percent -- say they have cut back on spending since the beginning of the year, specifically due to high gasoline prices.
Kristin's close: Hopefully we'll see a continued decline in oil prices that gives consumers some much-needed relief at the pump. Thank you Greg. For more information on Bankrate.com's latest Financial Security Index poll, log onto our website, Bankrate.com. Thanks for watching. I'm Kristin Arnold.
Ballot.com Sale Shows Politics Online Is “Big Business” - PRWeb
Miami, FL (PRWEB) May 21, 2012
With only 6 months to go before the 2012 presidential election, candidates, organizations and investors hoping to capture the public’s attention are buying up political-flavored domain names while established media companies are enjoying increased advertising revenue to their political websites. The upcoming sale of Ballot.com is catching a lot of attention due to these and additional factors.
Political candidates also are now raising literally tens of millions of dollars using the Internet alone. In addition, sales of websites, domains and related businesses have generated millions of dollars as investors snap up inventory.
According to the Berkeley Daily Planet, $8 billion dollars will likely be spent on the 2012 Election Cycle. “That compares with $3 billion in the 2010 election – a record for a mid-term election – and $5.3 billion in 2008.”
Politics online is becoming very big business.
According to recent reports, Republican candidates like Mitt Romney, Rick Perry, Rick Santorum, Newt Gingrich, and Ron Paul have spent a significant amount money on domain names and online media buys in the last few months, as has President Barack Obama’s re-election campaign. Some have even raised millions of dollars on the web from their avid supporters – in a single day’s time. The Internet is now booming when it comes to the business of Politics.
Just in time for the 2012 campaign season, Ballot.com is up for sale at Flippa.com - the world’s #1 marketplace for buying and selling web sites.
"Premium single-word domain names have always been big business, and Flippa's seeing more and more of these very large sales. We're honored to be hosting the auction for Ballot.com, which is obviously a top drawer piece of online real estate. It could be a great buy for investors or for entrepreneurs with a smart plan," said Flippa CEO Dave Slutzkin.
Industry monitor DNJournal.com qualifies one-word dot-com domain names as the oceanfront real estate of the Internet, being quite valuable and rare.
Single-word domain names are a hot commodity and investment opportunity for businesses, entrepreneurs and celebrities, with many of them snapped up in the 1990s. Recently, Social.com was sold for over $2.5 million. One Canadian band is hoping to strike it rich by selling their domain, TeaParty.com, with some estimates of its value running as high as $1 million.
With such a descriptive name, Ballot.com would be ideal for an investor, major media company, political candidate, or even a market research company. With the word “ballot” trending in Google’s search statistics, this domain name also has large advertising potential.
Major Political Publishing Powerhouse HuffingtonPost.com proved its worth when it recently sold to AOL for $300 million US Dollars.
According to the domain’s current owner, "Ballot.com provides boundless opportunities for state, local, national governments or candidates, market research companies, and investors who love premium virtual real estate.”
The auction for Ballot.com is “live” now and open for bidding. It is 14 days long and set to end soon, on May 31st, 2012. Go here for more details now: Ballot.com Exclusive Online Auction
Good business for all to help traders - Belfast Telegraph
Monday, 21 May 2012
The number of shoppers has decreased, with a fall of 4.7% in recent months, compared to the same period last year. There was a much smaller drop of 2% in the UK. The decrease among shoppers here accelerated badly last month, with a 15.1% drop in April compared to 4.2% across the UK. Clearly the retail sector here is in a deep crisis. People have less money to spend, fewer are shopping, and more shops are closing.
The retailers are alarmed and rightly so. They are calling for decisive measures, but the question remains about the most appropriate action that can be taken by the Stormont Executive.
Some of the retailers' suggestions could bear fruit, including a new look at planning policy, parking charges and local rates which would encourage shoppers to come out more, and also relieve the burden of overheads for hard-pressed retailers.
There also may be some merit in establishing a number of Business Improvement Districts, but the situation is now so bad that action needs to be taken quickly.
The traders themselves face the challenge of being even more innovative, and of producing new initiatives that will help them to help themselves.
However they cannot go it alone. The traders and Stormont politicians need to establish a more effective partnership which will prevent the retail sector from sliding into an even greater depression. Members of the public with less disposable income are less inclined to go shopping, and when they do so they are looking to strike a hard bargain.
However, it is in everyone's interest to keep open as many retail outlets as possible, and to provide people with a wide variety of choice.
The continued decline of the retail sector is bad business for everyone.
NEC Launches SAP Business One on cloud in Thailand - Nation - Thailand
The First SAP application in Thailand to be hosted on cloud
NEC Corporation (Thailand) launched a new ERP application in Thailand - "SAP Business One OnDemand hosted on NEC Cloud". This is the first such SAP application to be hosted on Cloud and is catered for small and medium enterprises that may require a system for financial, sales, purchasing and inventory management in Thailand.
As a certified partner of SAP Business One since 2008, NEC Thailand has extensive experience in implementing SAP Business One in Thailand, where it has many customers who are utilizing SAP Business One applications on-premise. Drawing on its local expertise in implementing and providing cloud services, and changing market trends of businesses moving onto Cloud platforms, NEC Thailand is expanding its offerings of SAP applications for the Thai market, to include a SAP Business One application as one of ERP applications to be provided as a service hosted on cloud.
The SAP Business One hosted on NEC Cloud is ready from May 2012, in three packages - Standard, Hybrid and Economic packages. Customers can benefit from greater mobility as the application is accessible anytime, anywhere, and initial investment for hardware and software, and IT maintenance by customer are not necessary when deploying SAP Business One on Cloud, as compared to implementing a SAP Business One on-premise package. Customers who have been considering using Datacenter as part of their Business Continuity Plan (BCP) will benefit from this SAP Business One hosted on NEC Cloud due to its greater mobility.
SAP Thailand Managing Director Thomas Zack said "We are delighted that NEC Thailand will deliver the SAP Business One solution through the cloud. The solution will transform how SMEs conduct their businesses anytime, anywhere. Thailand's time is now. The market is at the cusp of change as Thai Customers invest to ensure they are competitive in an increasingly borderless world. Mobility and cloud are more than just buzzwords and we see that Customers are taking cautious, but significant steps towards adopting cloud solutions in Thailand." Zack further added, "SMEs need to be empowered with innovations like on-demand services and cloud solutions, so that they can keep their costs low, steadily grow their business and stay ahead of the competition."
"NEC Thailand is very privileged and excited to be SAP's first local partner to bring in SAP Business One on Cloud" - says Hiroshi Sato, President of NEC Thailand. "We are confident that enterprises can benefit from this new offering from NEC and SAP, as they now have a more flexible alternative to implement such business tools to improve their operations."
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Chariot 'achieves many goals in productive year' - stockmarketwire.com
Chief executive Paul Welch said that during the financial year, it raised equity funding to ensure that it is well equipped to pursue its aggressive exploration programme; attracted two new joint venture partners, BP and PGS, and continued the development of its highly prospective exploration portfolio.
He added: "Post period end, we completed the 3D seismic exploration programme on our Central Blocks, commenced our drilling programme, raised some additional equity and broadened our African footprint with the addition of new acreage in Mauritania.
"The company has a strong current cash position of approximately $135m and we anticipate that following the payment of all costs on the Tapir South exploration well, this cash balance will be circa $100m."
At 8:39am: (LON:CHAR) share price was +4.63p at 76.88p
Story provided by StockMarketWire.com
Hundreds raise money in Tewkesbury Half Marathon - This is Gloucestershire
RUNNERS put their best foot forward for the Tewkesbury Half Marathon yesterday.
About 1,000 people donned their trainers for the 13-mile race and five-mile fun run in aid of health charity Sue Ryder.
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Ready to race: The Lyneham Crew at the Tewkesbury Half Marathon and Community Fun Run
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Big smiles: Mum-of-two Mandy Pellatt and Nicky Walton
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Fun runners at the start of the Tewkesbury Half Marathon and Community Fun Run held in Tewkesbury on Sunday. (PIC PAUL NICHOLLS) 20 MAY 2012
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Family: Marion Stirling and her grandaughter Zoe Cave
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In costume: One of the fun run racers at the start
People lined the streets of the town for the annual event which covers a course through Northway, Bredon and across the county border.
Race director Ann Wilson said: "It went very well.
"The weather was good and the athletes were all very happy, even though entries were down on last year.
"We always get a good atmosphere and they always support those who are taking part in the fun run as well."
Organisers hope raise hundreds of pounds for Sue Ryder.
America's #1 Small Business Expert Joins The New York Times - YAHOO!
Melinda Emerson, widely known as "SmallBizLady" joins the writing team at You're the Boss blog section of The New York Times. The author, speaker and small business coach is a sought after specialist for small business start-ups, business development and social media marketing. Premiering in May, Emerson's column on social media and small businesses will run weekly on the blog centered on small business ownership advice.
Philadelphia, PA (PRWEB) May 21, 2012
Melinda Emerson, widely known as "SmallBizLady" joins the writing team at You're the Boss blog section of The New York Times. The author, speaker and small business coach is a sought after specialist for small business start-ups, business development and social media marketing. Premiering in May, Emerson's column on social media and small businesses will run weekly on the blog centered on small business ownership advice.Emerson is elated about this writing opportunity, "Since I was in the eighth grade I have wanted to be a journalist. It is a dream come true to join the staff of bloggers at The New York Times, the nation's most highly regarded news organization. My mission is to end small business failure, and I am grateful to have another platform to reach more small business owners."
Loren Feldman, small-business editor of The New York Times says “Melinda Emerson is a force of nature. She will be writing about social media, and we are very excited about adding her passion, her energy and her insights to You’re the Boss.”
You’re the Boss offers an insider’s perspective on small-business ownership. It gives business owners a place where they can compare notes, ask questions, get advice, and learn from one another’s mistakes. Its contributors also interpret news events, track political and policy issues, and suggest investing tips.
Melinda Emerson is a highly regarded social media expert who has built an online community of small business owners. As CEO of Quintessence Multimedia, a social media marketing and content development firm, she helps Fortune 500 companies and small business owners with brand strategy and business development. Emerson created and hosts #Smallbizchat, her weekly Twitter talk show for entrepreneurs and is the author of the top selling book “Become Your Own Boss in 12 months; A Month-by-Month Guide to a Business That Works” (now in its third printing).
Emerson is also a regular on MSNBC, Fox News and NBC News. Her blog SucceedAsYourOwnBoss.com is syndicated by the Huffington Post, and Forbes Magazine named Melinda Emerson the #1 Woman for Entrepreneurs to Follow on Twitter. Her message currently reaches 1.5 million entrepreneurs online weekly.
Emerson has lectured for the Sloan School of Business at MIT, the Wharton School of Business at University of Pennsylvania and for such organizations as the U.S. Chamber of Commerce, Inc. Magazine, Bloomberg, National Association of Community College Entrepreneurship, Black Enterprise and The Pennsylvania Governor’s Conference for Women.
Melinda Emerson
MFE Consulting, LLC
347-766-4289
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