SEPTA buys rail cars from NJ Transit to deal with crowding

Tuesday, July 29, 2008

As gas prices have risen in the United States, the regional transport authority for southeastern Pennsylvania, SEPTA, has seen a sharp increase in ridership, which has caused overcrowding on the trains.

“As fuel prices have continued to rise, SEPTA ridership has steadily increased and is the highest in 18 years,” said SEPTA General Manager Joseph Casey. Monthly ridership was 22 percent higher last month than a year ago.

“They have crushed loads on their rail lines, already where people are standing, and there’s not enough seats,” said Rich Bickel, the director of the Delaware Valley Regional Planning Commission.

“At peak times some railcars are standing room only and commuter parking lots are nearly full. All Regional Rail lines are running near full capacity and the train station parking lots are at about 90 percent capacity or more,” SEPTA spokesperson Felipe Suarez said.

While SEPTA awaits new Silverliner V trains from Hyundai Rotem, which begin arriving in 2009, it had hoped to lease eight rail cars from New Jersey Transit, at an agreed-upon rate of US$10,000 per month. However, due to problems with insurance and liability indemnification, the deal fell through, according to Casey.

SEPTA has entered a new agreement to purchase the eight rail cars from NJ Transit. The transit authority will pay US$670,000 for the cars and assorted supplies plus one additional inoperative car which will be used for spare parts. The rail cars will be operated using a SEPTA provided locomotive as they are not self-propelled.

The cars are being disposed of by NJ Transit because it has switched from single-floor cars to double-decker cars.

SEPTA is expecting to raise US$3.1 million by selling rail that has been out of service since 1981 at auction.

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Hiker missing from US state of Utah wilderness found in Australia

Tuesday, August 23, 2005

A man missing from a camping ground in southern Utah in the Western US since July 30 was found in Australia. His automobile was found in a campground of Dixie National Forest with a note that he would be back in a few hours. An extensive search and rescue operation was conducted to try to locate this hiker by the Washington County Sheriff’s Office in Utah.

Investigators in the Sheriff’s Office were able to track him down to Cairns, Queensland. Apparently before he was “missing”, he bought a one-way ticket to Australia. Bryan Butas, the missing hiker, apparently had been under a great deal of stress and “got sick of it all”, according to a telephone interview by the Associated Press.

Butas has been charged with insurance fraud, a second-degree felony, by Washington County Attorney Brock Belnap. This was because Butas plotted to obtain a $250,000 life insurance policy before faking his own disappearance. He has also been given a bill for $20,000 by the Washington County Sheriff’s Office for their search and rescue operations on his behalf.

His wife and children have since his disappearance moved to the wife’s parent’s home in Ohio. Butas’s parents came to Southern Utah to help in the search and were “embarrassed and shocked” to learn their son had merely run away from marital and financial difficulties, Washington County Sheriff Kirk Smith said.

Washington County Sheriff Sgt. Jake Adams said his investigation included tracing an application Butas made for a passport, his purchase of a one-way airline ticket to Australia, and the life insurance policy that names his wife and children as beneficiaries. On August 18, Adams said Butas’s mother called him to say her son had called home the evening of August 11, several days after the search was officially called off for the missing man. Butas asked his mother for money and an airline ticket home, which she sent.

Butas has since been checked into the Veteran’s Administration Hospital in Brecksville, Ohio, according to Adams, but will shortly return to Utah.

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Triple limb-reattachment fails – boy loses foot

Tuesday, April 5, 2005Terry Vo, the 10-year old Australian boy who had two hands and a foot reattached by surgeons after losing them in an accident, has had to have the foot re-amputated. He will be given a prosthetic foot in its place.

The operation to re-attach three limbs was thought to have been a first – but was ultimately unsuccessful, with the foot having died inside, and receiving insufficient blood supply following the surgery to reattach it.

“That would lead to the small muscles in the foot actually constricting, the toes bending over and a deformed …. foot that is sort of clawed over and doesn’t have good sensation,” said plastic surgeon, Mr Robert Love today, on Australia’s ABC Radio.

“Even if you can get all of that to survive, he [would be] worse off than having had an amputation.”

“What is very disappointing is that for the first two days after [the operation] the foot looked absolutely magnificent,” he said.

Terry’s hands were healing well, said the surgeon. The prosthetic foot would allow him to walk normally, since his knee was intact.

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Understanding Money Market Rates

Submitted by: Yolander Prinzel

When you are looking for a way to save and grow your money, you will likely consider savings accounts, certificates of deposit and money markets. Unlike CDs and savings accounts, money markets offer two different options money market accounts and money market funds. Each offers different money market rates. Depending on which you choose, they might even have a variance between annual percentage yields and rates. While this might sound overwhelming at first glance, it is actually pretty easy to understand the difference between each money market type and rate structure.

Money Market Account Rates

A money market account is a deposit account much like a savings account. Money market accounts differ from savings accounts in that they usually have a higher interest rate. This is because of what the bank is able to do with funds deposited into money market accounts. Instead of the funds being used to support bank lending (which is what happens to savings deposits), funds within money market accounts are invested in short-term debt securities like treasury bills. These types of investments have a bit of a higher risk and a higher return, allowing financial institutions to give you a higher interest rate for them.

[youtube]http://www.youtube.com/watch?v=EVUAmvdPjO8[/youtube]

The interest rate in a money market account is variable and is set by the financial institution. It is also FDIC insured up to current limits, and may require a higher initial deposit than a traditional savings account.

Money Market Fund Rates

A money market fund is different than a money market account, because it is a tradable instrument and functions just like a mutual fund. When you buy shares of a money market fund, you have an interest in its underlying securities which are similar to those investments that your financial institution invests your money market account funds in.

Like money market accounts, money market funds have a variable interest rate that is determined by the rates in the underlying debt instruments which you own an interest in.If you have a financial emergency and need to tap into your CD before it matures, then you may be charged a penalty. But for the pleasure of locking your money up for 5 years, you could earn 1.23% more than a 1-year (2.57% annually over five years). The National Average for a five year Certificate of Deposit (as of the date this article was published) is only 1.47% annually. That is not a lot of extra interest for the privilege of locking your money away for four extra years. If interest rates rise sooner rather than later, you would not want to be locked into a long term agreement with a bank earning low interest rates when rates are rising. When you look at money market funds, you will not see a standard money market rate as you would in a money market account. This is because you are buying an interest in the fund rather than depositing money for guaranteed growth. Money market funds are not FDIC insured and may not be available for purchase in all banks.

Money Market Rate Breakdown: APR versus APY

When you decide to open a money market account and start comparing http://www.discoverbank.com/money-market.html/, you may notice that the interest rates quoted by financial institutions (which will appear as APY: annual percentage yield) differ from another rate they give, which is the APR (annual percentage rate). APY (usually the higher number) takes into consideration the effect of compounding interest which is the interest you earn on your interest.

About the Author: Yolander is an experienced financial writer on topics such as how to find thebest

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and other investing options. Always looking for a trusted financial institution for tips to follow information at

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Google planning PayPal rival

Monday, June 20, 2005

Financial analysts say Google is planning an e-wallet service that could eventually compete with eBay’s payment service PayPal. Google has not confirmed the development.

The rumor is a first sign of Google’s expected expansion of revenue sources to capitalize on its advertising customer base and search-engine traffic. What form that expansion will take has been a hotly debated subject for the company whose stock valuation momentarily made it the world’s biggest media company on June 7, 2005. Even Microsoft has been mentioned as a possible future competitor.

Ebay’s stock valuation dipped more than 2% on the news. Paypal currently accounts for one-fifth of the company’s revenues. But one business analyst saw potential benefit for Paypal[1], depending on exactly how the “Google Wallet” takes shape. The uncertainty underlined the lack of substantive information behind the rumor.

According to the New York Times, the CEO of a major online merchant, who spoke on the condition of anonymity, was approached by Google to take part in this service. Steve Langdon, a Google spokesperson, declined to comment.

  • Spoken version of the article
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Former Scottish Conservatives leader Annabel Goldie to stand down as MSP

Friday, June 26, 2015

Annabel Goldie, Scottish Conservative Party leader from 2005 to 2011, has announced she will stand down as an MSP at the next elections in 2016. Goldie, who has been an MSP for the West Scotland (previously West of Scotland) electoral region since the Scottish Parliament’s formation in 1999, said she intends to focus on her role in the House of Lords, where she has been a peer since 2013.File:Annabel Goldie.jpg

In a statement today, Goldie said leading the party was an “enormous honour” for her. She also said: “It has afforded me both satisfaction and pleasure to serve my constituents and to serve the parliament and I will look back with great happiness at my time as an MSP. I am grateful to friends and colleagues from all parties for their support. Sometimes we found common ground, sometimes we disagreed but never I hope with rancour nor disrespect. Politics is a rough trade but we have built a strong parliament in Scotland of which we can all be rightly proud.” She said because of Ruth Davidson, her successor as Scottish Conservative leader, the party is now “in fine fettle and stands a great chance of making real progress in the years ahead,” concluding by saying: “I look forward to continuing to work as part of that effort in the House of Lords in the years to come.”

Davidson responded to the news by calling Goldie an “unstoppable force”, adding: “She has been an inspiration to a whole generation of Scottish Conservatives, and she has been a tremendous mentor, support and friend to me. In Holyrood, she has fostered both affection and respect from all members – regardless of their political affiliation – and her retirement from the Scottish Parliament will leave an Annabel-sized hole which won’t ever quite be filled. She is unique.” Meanwhile, David Cameron, UK Conservative leader and UK Prime Minister, said: “Annabel is one of those rare breeds in Scottish politics, somebody known by her first name alone. When she was Scottish Conservative leader, I valued her sage advice. She has been a towering strength to our party in Scotland, a doughty debater in the TV studios and Scottish Parliament and has one of the sharpest wits around. I wish her a long and happy retirement after 17 years unstinting service at Holyrood – but look forward to seeing her on the red benches of the Lords for years to come.”

In Holyrood, she has fostered both affection and respect from all members – regardless of their political affiliation – and her retirement from the Scottish Parliament will leave an Annabel-sized hole which won’t ever quite be filled. She is unique.

Goldie, the Scottish Conservatives’ first ever female leader, was elected unopposed. She took up the role in the aftermath of David McLetchie’s resignation from the role in an expenses usage controversy and subsequent resignation of Brian Monteith from his Conservative whip role in the Scottish Parliament for briefing the media against him. Meanwhile, as Scottish Conservatives won 18 seats in the Scottish Parliament in 1999 and 2003, the party had been less successful in UK general elections in Scotland; Conservatives went up from zero out of a possible 72 UK MPs in Scotland in 1997 to one in 2001. This led to Goldie remarking in her inaugural speech in 2005 that: “The wheels are back on the wagon – and I’m the nag hitched up to tow it.” She also said: “The party is still way ahead of where it was in 1997. And my first task is to take it forward to 2007.” However, under Goldie’s leadership, the number of seats the Scottish Conservatives won in the Scottish Parliament slightly decreased from 18 in 2003 to 17 in 2007 and to 15 in 2011. At the same time, the number of Conservative MPs stood at one out of a possible 59 after the 2010 UK general election.

In the aforementioned 2005 speech, she also said the party could be trusted with devolution in Scotland, adding: “making devolution work better means real devolution: not the lumbering and cripplingly expensive array of government departments, government advisers, consultants, quangos, quasi-quangos and agencies with all their expensive appendages, but devolving down to people and their communities, their right to make their own decisions about their lives, how for example they procure healthcare and how they educate their children.” Goldie would go on to sit on the advisory board for the Smith Commission, which was set up to examine which further political powers should be devolved to Scotland following the 2014 Scottish independence referendum. More recently, Goldie supported a reduction in the voting age for Scottish Parliament elections from 18 to 16 in a vote earlier this month, commenting: “I think it is an opportunity for them to continue their high level of engagement in topical affairs that we saw with the independence referendum.”

Goldie, a member of the Salvation Army’s West of Scotland Advisory Board and a Church of Scotland elder, is not the only Scottish Conservative MSP intending to stand down in 2016. Mary Scanlon, Gavin Brown, Alex Fergusson and Nanette Milne all reportedly intend to leave the Scottish Parliament next year.

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NZ man stabbed in the face with a 15-centimetre knife

Friday, July 7, 2006

A 36-year-old man, who is yet to be named, is undergoing surgery after an attacker lodged a knife through one cheek and out the other. The handle broke off, leaving the 15-cm (about 6 inches) blade inside him. The man was rushed to hospital today, July 7, at about 2 a.m. NZST. The attack occurred last night after a domestic row in Albany on Auckland‘s North Shore.

New Zealand Police report that the knife just missed his optic nerve and his condition is stable and not life threatening.

John Chaplin, head and neck surgeon said, “the man could be treated relatively simply. The major blood vessels of the head were further back in the neck and the knife could be relatively easily removed in an operating theatre where bleeding could be controlled.”

The police have issued an arrest warrant for Vance Paraki Tuheke, 31-year-old, in relation to the attack.

The victim may suffer from some facial numbness.

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Helping The Environment With Reuse Art

Helping the environment with reuse art

by

Vikram Kumar

Recycling art is one that can be simple and complicated all at once. Collages, jewelry, sculptures and three-dimensional paintings can be created with reuse art. For an artist who is creating recycled works anything and everything is a medium and there are no boundaries when it comes to creativity with various objects. Paper, metal, glass, plastics, nuts and bolts, wires, silver, fabric, empty toothpaste and paint tubes, you name it and it can be used in recycling art.

Even everyday objects such as egg and milk cartons, coffee, cola and beer cans, plastic food containers, absolutely nothing will be wasted. Not only do these objects come in handy while creating any kind of sculpture but the form in itself is a very environment friendly one. Let s take a look at the various materials that make up reuse art.

Paper

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

Paper can be incorporated into recycled art objects very effectively. A collage is ideally made up pieces of paper and fabric can be used as well. Paper cut-outs from magazines, newspapers, old posters and comic books can be used for collages. Another technique that uses recycled paper is the papier-m ch technique. A recycle artist can create very artistic and tasteful-looking bowls and sculptures out of papier-m ch .

Metals, glass and ceramics

Some sculptors create free-standing structures that are made entirely of recycled materials. Aluminum and tin cans, sheets of reclaimed metals, sections of old metal fencing and metal bottle tops can be used. Old and unused necklaces and earrings, beads and pieces of colorful glass can be incorporated into the sculpture to add dimension and a unique look to it. Shards of ceramic tiles can make it look very quaint and attractive. Some artists even end up using unusual materials such as old printer cartridges and create beautiful pieces out of it.

Websites and exhibitions

Actual recycled art exhibitions are interspersed with other ones at many art galleries, right round the year. However, there is a concentration of recycled art displays in many cities around Earth Day. This is the time of the year when the spotlight shines brightly on reusing, recycling and sustainability. Be versatile with your work and your style. Do not restrict yourself to material and form. When you are starting out as a recycle artist it is important to be experimental and not fall into the stereotype trap. This strategy will provide you with a wider audience, explore your potential in the field and then you can eventually settle in the niche segment you prefer.

Recycled art can be exhibited at art galleries or online. Today, there are numerous online galleries that promote recycled art and budding artists are welcomed. In most cases, the owners of the site will ask the artist to upload or send photographs of his/ her work. Once they find it interesting and appealing they will give you space on their site to upload pictures and information about your artwork. Art-lovers know that a lot of interesting work can be found online nowadays and chances of your work being noticed are high.

NDI Gallery focuses on

recycling art

sculptures and works. Today, a lot of companies and organizations like to invest in

Reuse Art

.

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Helping the environment with reuse art

Calls for corporate tax reform in Australia goes unheeded

Friday, May 12, 2006

Peter Costello’s budget announcement has led to rejoicing for small businesses, but the lack of joy for those pushing for radical corporate taxation reform has led to many businesses asking “what about us?”

Personal taxation and small business have been the big winners after this year’s federal budget. Although dampened by the twin economic threats of rising interest rates and petrol prices, there should be a reasonable amount of real income savings for both low and high income earners, with those receiving Medicare, or a superannuation benefit, privy to an even lower level of taxation (0% for those on super benefits).

Small business also has benefited from the Howard government’s 11th annual budget, with them receiving a higher level of reducing depreciation, leading to a higher level of deductions in the years following the uptake of new technology or other capital. They are also privy to a AU$435 million dollar tax cut to compensate for their changing accounting requirements under the government’s new AIFRS reporting standards, as well as increasing the uptake of both the small business tax relief scheme and CGT (Capital Gains tax) Concessions.

The budget was not a complete loss for big business however, as superannuation laws have been tweaked to streamline contribution and payment rules previously impeding those with multitudes of staff.

But this is not enough, says Big 4 accounting firm Ernst & Young. In their newly published paper “Taxation of Investment in Australia: the need for ongoing reform”. In it they lead the charge for a greater streamlining and organization of the corporate tax system in Australia, submitting that it will lead to reductions in “disincentives to work save and invest in Australia [as well as improving] the international competitiveness of Australian businesses.” This follows from a recent report brought out by Mr. Costello himself about the need for tax reform in Australia.

A budget night Mr. Costello was notably coy about any future reform of corporate tax in Australia. He alluded to the report by his ministers but kept from outlining the government’s plan precisely.

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Iranian Navy conducts drills in Strait of Hormuz

Monday, December 31, 2012

The Islamic Republic of Iran says it is conducting naval drills in the Strait of Hormuz. According to the Iranian navy’s Habibollah Sayyari, the “Velayat 91” drills — to be held for a six day period ending on Wednesday — are intended to showcase “the armed forces’ military capabilities.”

Iran’s state-run media reports that the Iranian government warns all ships to stay away until the end of the exercises. According to this report the drills — which began on Friday — are to be conducted over roughly half a million square miles (a million square kilometers) of waters stretching from the Strait of Hormuz to the northern part of the Indian Ocean which includes the Gulf of Oman.

The Strait of Hormuz is a major shipping route of great strategic importance. According to the U.S. Energy Information Administration, 17 million barrels of oil passes through this part of the Persian Gulf per day. That is nearly 20% of the worldwide oil trade and about 35% of oil transported by sea.

This is only one in a series of major naval drills held by Iran in the Strait of Hormuz. Ten days of drills, “Velayat 90”, was conducted last December and “Velayat 89” a year and a half before that in May 2010. Four months ago, the United States with some of its allies also conducted a series of exercises and naval drills, concerned with keeping the strait open. Iran has said it might close the strait if its nuclear program were attacked.

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