Bankrupt California city provides cautionary tale

[ [ [['Connery is an experienced stuntman', 2]], 'http://yhoo.it/KeQd0p', '[Slideshow: See photos taken on the way down]', ' ', '630', ' ', ' ', ], [ [['Connery is an experienced stuntman', 7]], ' http://yhoo.it/KpUoHO', '[Slideshow: Death-defying daredevils]', ' ', '630', ' ', ' ', ], [ [['know that we have confidence in', 3]], 'http://yhoo.it/LqYjAX ', '[Related: The Secret Service guide to Cartagena]', ' ', '630', ' ', ' ', ], [ [['We picked up this other dog and', 5]], 'http://yhoo.it/JUSxvi', '[Related: 8 common dog fears, how to calm them]', ' ', '630', ' ', ' ', ], [ [['accused of running a fake hepatitis B', 5]], 'http://bit.ly/JnoJYN', '[Related: Did WH share raid details with filmmakers?]', ' ', '630', ' ', ' ', ], [ [['accused of running a fake hepatitis B', 3]], 'http://bit.ly/KoKiqJ', '[Factbox: AQAP, al-Qaeda in Yemen]', ' ', '630', ' ', ' ', ], [ [['have my contacts on or glasses', 3]], 'http://abcn.ws/KTE5AZ', '[Related: Should the murder charge be dropped?]', ' ', '630', ' ', ' ', ], [ [['have made this nation great as Sarah Palin', 5]], 'http://yhoo.it/JD7nlD', '[Related: Bristol Palin reality show debuts June 19]', ' ', '630', ' ', ' ', ], [ [['have made this nation great as Sarah Palin', 1]], 'http://bit.ly/JRPFRO', '[Related: McCain adviser who vetted Palin weighs in on VP race]', ' ', '630', ' ', ' ', ], [ [['A JetBlue flight from New York to Las Vegas', 3]], 'http://yhoo.it/GV9zpj', '[Related: View photos of the JetBlue plane in Amarillo]', ' ', '630', ' ', ' ', ], [ [['the 28-year-old neighborhood watchman who shot and killed', 15]], 'http://news.yahoo.com/photos/white-house-stays-out-of-teen-s-killing-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/cv/ip/ap/default/120411/martinzimmermen.jpg', '630', ' ', 'AP', ], [ [['He was in shock and still strapped to his seat', 6]], 'http://news.yahoo.com/photos/navy-jet-crashes-in-virginia-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/cv/ip/ap/default/120406/jet_ap.jpg', '630', ' ', 'AP', ], [ [['xxxxxxxxxxxx', 11]], 'http://news.yahoo.com/photos/russian-grannies-win-bid-to-sing-at-eurovision-1331223625-slideshow/', 'Click image to see more photos', 'http://l.yimg.com/a/p/us/news/editorial/1/56/156d92f2760dcd3e75bcd649a8b85fcf.jpeg', '500', ' ', 'AP', ] ]

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Source: http://news.yahoo.com/bankrupt-california-city-provides-cautionary-tale-112824501.html

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This Week's Top Web Comedy Video: Kiss My A$$ [Video]

It's refreshing when people stay true to themselves, isn't it? Especially when that self is an amusingly angry comedian who hates everything and isn't afraid to sing about. Denis Leary, ladies and gentlemen! He'd like to share some opinions about Amurrica. More »

Source: http://feeds.gawker.com/~r/gizmodo/full/~3/tWSt6pOka_A/this-weeks-top-web-comedy-video-kiss-my-a

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Dalai Lama 77th Birthday Celebrations Ready For July 6th.

Festivities for the Dalai Lama's 77th birthday on July 6th are about to begin.

The exiled Tibetan government in Dharamsala, India has organized two rounds of celebrations according to the Hill Post.

Morning events will be held at the main Tibetan Temple, and evening observance will be held at the Institute of Tibetan Performing Art (TIPA). Along with prayers for the Dalai Lama's life and health, there will be performances by Tibetan monks, nuns, and artists with a focus on local participation by the community rather than a flashy international affair, Hindustan Times reports.

"This time we are aiming for more participation from the people of the state (Himachal Pradesh)," said Tashi Phunstok, head of the Organizing Committee arranged by the Central Tibetan Administration. "We are grateful to them for supporting us all this time. We have also invited the state chief minister and district administration officials on the occasion, but confirmation has not yet come."

A live webcast of the celebrations at Dharamsala will be available from the main temple broadcast in both Tibetan and English.

Observances are happening around the world. Tibetan Buddhist Rime Institute in Belgrave, Australia will be celebrating the Dalai Lama's birthday, reports Knox Weekly, by opening its doors to the public and allowing others to see how the monks pray.

"It's for the community to come and celebrate with us. You don't need to do anything - you can just come and watch if you like," said Julie O'Donnell, the Institute's Public officer. "I think a lot of people are looking to find a bit more meaning in their lives. They are embracing alternative ways to do this and Buddhism is one of those ways."

The Institute's festivities will include dinner on Friday evening, lunch and prayers on Saturday afternoon as well as screenings of various films about the Dalai Lama and his life's work.

However, not everyone is celebrating.

According to the Associated Press, exiled Tibetans in Nepal were banned from observing His Holiness' birthday, and were blocked by police from entering the school where a birthday party was to be held. The reason being that Tibetan ceremonies and observances can lead to anti-Chinese protests.

Nepal's chief government administrator from the Katmandu district, Laxmi Prasad Dhakal, warned that any public displays that led to anti-Chinese rallies would not be tolerated; but authorities did say they would allow exiled Tibetans to celebrate privately without anti-Chinese rhetoric or displays.

The Dalai Lama has lived in the Dharamsala in India since his exile from Tibet when Chinese forces took over the country in 1959. Born in 1935, the spiritual leader is recognized by Tibetans as the 14th Dalai Lama.

77 Wise Sayings By The Dalai Lama On His 77th Birthday

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Source: http://www.huffingtonpost.com/2012/07/05/dalai-lama-birthday-celebrations_n_1651338.html

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Monti: Italy does not need a bailout

Italian Premier Mario Monti, right, listens to German Chancellor Angela Merkel speaking at a press conference during a bilateral meeting at Villa Madama in Rome, Wednesday, July 4, 2012. Merkel is traveling to Rome for a regular meeting of the senior officials from the two countries along with several of her top ministers, including the economy and finance ministers. (AP Photo/Domenico Stinellis)

Italian Premier Mario Monti, right, listens to German Chancellor Angela Merkel speaking at a press conference during a bilateral meeting at Villa Madama in Rome, Wednesday, July 4, 2012. Merkel is traveling to Rome for a regular meeting of the senior officials from the two countries along with several of her top ministers, including the economy and finance ministers. (AP Photo/Domenico Stinellis)

German Chancellor Angela Merkel and Italian Premier Mario Monti arrive for a bilateral meeting at Villa Madama in Rome, Wednesday, July 4, 2012. Merkel is traveling to Rome for a regular meeting of the senior officials from the two countries along with several of her top ministers, including the economy and finance ministers. (AP Photo/Domenico Stinellis)

ROME (AP) ? Italian Premier Mario Monti insisted Wednesday the country doesn't need a European bailout because its public finances will improve, but acknowledges work still needs to be done to cut government spending, boost economic growth and create jobs.

Monti spoke at a press conference with German Chancellor Angela Merkel after meeting about Europe's debt crisis. It was their first encounter since European leaders in Brussels last week agreed to use the continent's bailout fund to funnel money directly to struggling banks and let countries following budget rules apply for financial aid without stringent conditions attached.

Monti, who had pressed for such a deal, insisted Italy didn't need a bailout to help it pay its government debt because its budget deficit was low compared with many other European countries and forecast to improve.

As of the end of 2011, official European statistics put Italy's deficit at 3.9 percent, just above the EU limit of 3 percent. Spain's, by contrast, was much higher at 8.5 percent.

Italy's big problem is the economy is in recession and it has a high public debt load equivalent to 120 percent of GDP. Investors fearing Italy may have trouble repaying that debt have been asking for high interest rates to lend to the country.

The measures announced by European leaders last week have helped relieve the fear that Italy may default. In particular, making it easier for countries to access European bailout funds has convinced investors that Italy has a credible financial backstop should it run into trouble financing itself.

Agreeing to loosen the conditions for bailouts was not easy, however, and was the source of heated debated between Monti and Merkel in recent weeks and at the summit.

Going into the summit, Monti had issued a thinly-veiled jab at Merkel over her opposition to allowing European governments to share debt obligations. Sharing debt is another way to spread individual countries' debt risk across Europe, but Merkel continued to oppose them at the summit.

With debt-sharing ruled out, Monti pushed for the European leaders at the summit to agree to other measures that might increase confidence in Italy's finances. Easing conditions for countries to take bailouts was one of them.

Monti has lamented that Italians have endured the effects of government spending cuts and tax hikes, but that Italy's government borrowing rates remained high in financial markets.

By Wednesday, the two leaders were downright chummy, with Monti calling Merkel by her first name and emphasizing their "excellent" relations.

Merkel, for her part, praised the speed with which Monti's government has pushed through structural reforms and insisted that it was in Germany's interest to keep Italy from failing.

"If our neighbors in Europe aren't well, eventually we Germans won't be in good shape," she said.

Monti nevertheless acknowledged a rough road ahead: the government is embarking on a program of public spending cuts after having pushed divisive labor market reforms through parliament last week.

And new unemployment figures have made clear that the recession and the impact of austerity measures are hitting home: Monti termed "unacceptable" that youth unemployment had now hit 36 percent.

"Reducing the weight of the public sector in the markets, including the financial markets, will give us greater possibilities for productivity and work for young people," he said when asked how much more austerity Italians can take before growth measures kick in.

Both leaders stressed the need for Italian and German companies to collaborate more, particularly in manufacturing, to boost economic growth.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2012-07-04-Europe-Financial%20Crisis/id-003ad740868e4a1c935741044c794f41

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The Cornishman published Year 10s try out life on a college campus

OUR Year 10s have just had a useful and inspiring day at Penwith College.

All students were able to choose two sessions where they could experience what college courses are on offer. Topics ranged from chemistry and English to childcare and public services.

There were many opportunities to get stuck in and learn the skills that students in college are taught. They also had the opportunity to get acquainted with life on campus, having a great lunch in the canteen and having a good look around. The lecturers enjoyed seeing the students and said that they were an enthusiastic group and very well behaved.

A good day all round. Pictured are Abbie, Lauren and Zannah who spend some time learning about face-painting.

Source: http://rss.feedsportal.com/c/32715/f/503327/s/2106b660/l/0L0Sthisiscornwall0O0CYear0E10As0Etry0Elife0Ecollege0Ecampus0Cstory0E164830A580Edetail0Cstory0Bhtml/story01.htm

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The Obamacare decision as the ?Compromise of 2012?? ? let?s hope not (Powerlineblog)

Share With Friends: | | Politics - Top Stories Stories, RSS and RSS Feed via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/236929106?client_source=feed&format=rss

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How to protect your real estate deals - Connected Investors

How to protect your real estate deals ? By Connected Investor Faye Wilson

Recently we had the privilege of hosting our second Connected Investors Meet up in the Atlanta Georgia Area.

http://www.meetup.com/Connected-Real-estate-Investors-of-Atlanta/

During the meeting one of the attendees brought some very important questions.

What if you have done everything you know how to do and still you end up wasting time in a daisy chain? What if you lost money on deals? What if your business partner turned out to be (for lack of a better word), a thief!?

Due to the massive amount of money that can be made in Real Estate; The Real Estate Industry has attracted interest from all professions. It?s not always easy to vet buyers, Sellers and lenders. Nor, is it always easy to vet potential business partners.

The truth is today?s real estate business can be quite fearful.? The virtual community allows people to create images of themselves which may or may not be true.

What do you do?

Here you are you have decided to invest in Real Estate. You meet a group of investors online and off line whom you assume are working toward a common goal. The conversations continue to advance toward a possible joint venture relationship.

As the relationship advance; you soon discover this ?investor? is trying to steal your deal.

You introduced them to your buyer, and now they refuse to return your phone calls. You become angry, hurt and discouraged. You trusted that this one deal could lead to your big breakthrough. The one you have waited on all of your life. The deal of a lifetime!

You put your time, and trust into this one deal, and now it is gone.

Something inside of you tells you to quit. Give up. You tell everyone you know what happened to you. And, the only advice you get is ?Be careful.?

Be careful!?

You were careful. You had your Non-Circumvent Non-Disclosure Signed. What else could you have done?

This scenario is typical. It happens every day in the Real Estate Business. Hundreds of new and seasoned Real Estate Investors lose time and money on deals that either do not close or were circumvented.

How do you protect yourself in this almost 100% virtual business? How do you know for sure you are communicating with an honest person? How do you know if your deal is a real deal?

There are certain steps you can take to protect your deal, and you MUST protect your deals.

I will list a few here, but remember it is up to you to do your own due diligence to protect yourself. Hiring an attorney to put ?teeth? into your documents is always the best idea.

1. Google the name of the person and company you are considering as a business partner.

2. Check any sites that will bare record of ?bad behavior.?

3. If it is a company, check them out on BBB, International Chamber of Commerce, Rip-off Reports and other scam reporting sites. (keep in mind angry people will gripe over the internet, and may not always speak the truth). Any reporting on the sites are permanent.

4. Ask your attorney to create a Confidentiality Agreement based on your state law. If you cannot afford an attorney; there are some pretty good websites with strong legal documents

5. Slow down. Take your eyes off of the money and monitor the process.

6. Avoid people who use only first names.

7. Never deal with international investors when you are new to the industry.

8. Do not provide any personal information to anyone other than a title company

or closing attorney on your documents.

9. Make sure you get the property under contract before sharing your interest with anyone.

10. Get a coach or mentor who has a strong presence. It is this writer?s opinion that when someone has a reputation to protect they are less likely to ruin it.

You may think of other ways to protect your deals and avoid Real Estate Investors behaving badly.

Remember trillions of dollars are being invested in the Real Estate Industry, and the more money being made; the more problems will surface.

A few years ago; I spent months working with one buyer who showed a POF (Proof of Funds) for a ton of money.? At the end of four months the buyer walked away from the deals.

No explanation, No return phone calls, Nothing. Absolutely nothing!

Sellers, Lawyers, Brokers and Agents were calling me. They were irate that this had happened. I was blamed because ?My client? failed to perform. I felt horrible as I knew many of these individuals were trusting in their deal to close in order to take care of their families.

I know it was not my fault this buyer did not perform. It did not matter; I still felt horrible.

It is through this ?fire? I learned never to put my trust in one deal closing. Never gamble your entire career on someone else decision to perform.

?

Moving forward:

I have built a strong Commercial Real Estate Transactional Company. We offer Funding, Properties Consultation and Underwriting Services to our clients. www.fayewilsonfunding.com

Today I work with Ross Hamilton, CEO of Connected Investors the largest Real Estate Platform in the world as an independent Connected Investor Base Leader in the Atlanta, Georgia Region. I am also a Business Associate in the Georgia Real Estate Investment Association (GREIA).

Our Meet ups are held every third Thursday at the Solutions Realty, 100 Glendalough, Tyrone, Georgia in cooperation with Chris Littleton President of Georgia Real Estate Investment Association.

We are currently creating and building relationships in the local and state political arena as we continue to focus on expanding our brand.

The reason I want to share this with you is to help you understand that your real estate investment business should far exceed closing one deal. If you will take the time to build a business; when one deal bombs (and it will)You will not give up. You will do like my friend Carlos Rojas in Phoenix who does dozen of deals per week. Or, my friend LadyDee Shabaaz, CI Base Leader in charlotte who is a deal making machine. ?Or, some of my other friends as fellow Base Leaders who are raising the bar of Real Estate Investing around the world.

Check Your state here for your local Base Leader:

http://blog.connectedinvestors.com/connected-investors-networking-meetings/

Having dozen of deals in the pipeline keeps you inspired and feeling alive! You will also make money. Lots of money. It may not happen overnight. It will happen.

Do not allow one deal to control your destiny. It is one deal. There are hundreds waiting for you.? Shift your method and shift your outcome. Stay focused on building your brand, and your purpose. You will find you will be far too busy to subject yourself to daisy chains and unrealistic expectations of others.

Faye Wilson

Connected Investor Base Leader, Atlanta, Georgia Region

?

?

Protecting your property by acting like an?

How to protect your real estate assets

Connected Investors free real estate training

?

Source: http://blog.connectedinvestors.com/how-to-protect-your-real-estate-deals/

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