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Estes Nike Smoke

It was a surprise to me when I realized that Estes had gotten into mid-power rocketry with their Pro Series line. So, I had to build one of these rockets and ended up choosing the always popular Nike Smoke.

The Pictures

Construction went quickly and painting took by far the most effort in building this rocket.

I decided to make the project of painting this rocket into a how-to video.

I finally flew this rocket at a LUNAR launch at Snow Ranch in Eastern California on March 8, 2014. Flying on grass? What a concept!

And it went zip!, right out of sight, on an AeroTech G80. A quick simulation suggests an altitude of 1500ft, but since I wasn't flying electronics, I have no idea how high it actually did go. It went out of sight, and I was unable to find it, but luckily some kind folks retrieving their own rocket found it and brought it back.

The Kit

I ordered the kit from Amazon, but it arrived with both ends of the body tube crushed and a crease at one of the fin slots. So, I decided to order a replacement tube from Estes directly.

The replacement arrived very well-packed in peanuts in a cardboard box, and thus with no damage. I think the plastic bag is insufficient packaging for a rocket this large, but they partially make up for this with the after-sale service.

The kit contents are displayed above. It will be a nice change to build a rocket sitting down at a desk.

One thing that jumps out right away is the impressive detail on the nose cone. Not only does it have the compound taper we're used to, but there are also molded-on fine details such as rivet plates. A very nice touch!

The Build

I read through the instructions once then immediately began building. This kit goes together fast, with only pauses for the glue to set. Speaking of glue, most bonds are made with "yellow glue" (aliphatic resin), with some use of CyA and one use of epoxy for the motor retainer.

I was dissapointed by the sloppy fit of the centering rings on the motor mount tube. Two of the three CRs were also looser than I liked within the body tube. These CRs are laser cut, so I'm not sure why they couldn't be made with tighter tolerances.

However, I was pleasantly surprised by the fit and sturdiness of the Nike fins. Each fin came in two pieces that fit together nearly perfectly with no need for trimming or sanding. I used CyA on the ribs before putting the fins together (as directed), then wicked in a bit of plastic adhesive from the outside while holding the edges together (my addition). (This was a lot easier than making Nike-style fins by hand.)

The Fins lock into a slot in the middle centering ring, so they can be installed all at once. Also, the instructions say use CyA (which I did) on the root, so installation goes very quickly. Finally, fin fillets of yellow glue finish off the fin root joint.

The kit goes together quickly and smoothly, leaving most of the work in the painting. Speaking of painting, I made video on finishing rockets to show the steps in finishing and some techiques to get good results.

Despite a mishap due to a bad nozzle on the yellow spray paint can, it came out nicely. Be sure to watch the video for details.


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Her father was killed unexpectedly…2 Years later, She Sees A Man Waiting at Her Bus Stop…

She had no idea what he had been secretly planning…

We would like to share a verse with you today.

Eph 2:8: For it is by grace you have been saved, through faith—and this not from yourselves, it is the gift of God—

God Bless

“Dear Sister and Brother,

1. God never fails.

2. God will never turn his back on you.

3. I pray that whatever you are going through in your life, God will show you a way through it and that you be showered with His mercy and grace.

A relationship starts with communication…remember to talk to Jesus daily..

— Aaron Tabor, MD, Founder of Jesus Daily®”

RevContent 20161018
Jesus Daily is where you can learn how to accept Jesus Christ as your Savior, read daily devotionals, learn about God, grow in your Faith, read Bible verses, and share the Gospel with friends! Enjoy our inspirational and encouraging content, books, music, teaching and videos to see God at work in the world!

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Justin Bieber is asked if he’s a Christian……and THIS WAS HIS ANSWER

Justin Bieber is asked about being a Christian in this telling interview.

We would like to share a verse with you today.

John 1:12: Yet to all who received him, to those who believed in his name, he gave the right to become children of God—

God Bless

“Dear Sister and Brother,

1. God IS in control

2. Life is not always fair, it rains on the just and the unjust…we should not compare our lives to others but focus on the plan God has for us.

3. Bad things will happen in this world, but God promised us a home in heaven if we believe in Jesus. One without sorrow, pain or death…where we never will grow old.

Please share Jesus Daily with your friends and family…

— Aaron Tabor, MD, Founder of Jesus Daily®

RevContent 20161018
Jesus Daily is where you can learn how to accept Jesus Christ as your Savior, read daily devotionals, learn about God, grow in your Faith, read Bible verses, and share the Gospel with friends! Enjoy our inspirational and encouraging content, books, music, teaching and videos to see God at work in the world!


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Home > techcrunch > Put November 19, London In Your Diary – It’s Europas Time

Put November 19, London In Your Diary – It’s Europas Time

October 6th, 2010 10:05 admin Leave a comment Go to comments

Following last year’s huge success, it’s back. “The Europas” – The TechCrunch Europe Awards 2010 – will honour the best tech companies and startups across the web and mobile scene from across Europe. The Europas is all about geting together and celebrating the tech scene in Europe with an awards event which we can really call our own (see last year’s amazing event). So put the evening of Friday, November 19 in your diary now. The first tranche of tickets are now on sale here.

These awards will recognise and celebrate the most compelling technology startups, Internet and mobile innovations of the past year, with the tech community invited to have a say in which finalists should be recognised. Leading lights of the the tech startup and investor scene will be invited to give away the awards to the winners, so you’ll have the opportunity to meet your tech heroes and heroines. The initial filtering will be done by referencing our database on European companies on CrunchBase (so make sure you are in it), then by public vote online, with the final Award winners to be determined based both on the popular votes received through website voting and by The Europas Advisory Board. You’ll be able to vote shortly.

The Awards Ceremony will take place in London (venue to be announced). We’re planning a big party with DJ, bar and food. Award categories will be announced shortly.

Read the rest of this entry »

Source: Put November 19, London In Your Diary – It’s Europas Time

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Online Learning Grows at Cyber Pace

Thanks to the explosive growth of massive open online courses, otherwise known as MOOCs, you can study all sorts of subjects from the comfort of your home.

Over the past year, Sonia Dishler has studied nutrition, Greco-Roman history, postmodern philosophy and even the indigenous peoples of Canada.

She’s audited at least 15 courses from Harvard, Princeton and the University of Edinburgh, to name a few.

And she’s done it all from the comfort of her Penn Valley home — without spending a penny — thanks to the explosive growth of massive open online courses, otherwise known as MOOCs.

“It’s like a whole world opening up,” said Dishler, 81, a semi-retired psychologist. “You don’t have to travel and spend the extra time going somewhere. It’s just marvelous to be able to listen to all these wonderful professors. It’s free and it’s there, what can I say?”

Universities have employed the Internet as a classroom tool, and even as the vehicle for credit courses, for years — for students who paid for them. But now Udacity, edX, Coursera, iTunes U and a handful of other companies are offering college-level instruction absolutely free to anyone with access to the Internet.

Coursera has emerged as arguably the largest player, amassing more than 3 million registered users in less than a year. Two Stanford professors launched the service in April 2012 with three other partnering institutions, including the University of Pennsylvania. Today, the site lists more than 300 courses from 62 universities across the globe. Hebrew University in Jerusalem jumped into the mix this spring with a neuroscience course.

Penn continues to expand its Coursera presence, too, now offering 21 courses that have so far attracted more than 840,000 enrollees, according to law professor Edward Rock, who serves as the university’s senior adviser on open course initiatives.

“What’s revolutionary about Coursera is not that it’s online, but that it’s massive,” Rock said. “They have shown that there’s a huge interest in online learning.”

Among those teaching this spring include Jewish professors Ezekiel Emanuel, a bioethicist who served as health adviser to the Obama administration, and Rebecca Stein, a senior economics lecturer and member of Beth David Reform Congregation in Gladwyne.

Ironically, Stein has never taken or taught a class online before. But the economist from Ardmore said she was eager to translate her Principles of Microeconomics  material to a Web platform knowing that the experience would also force her to rethink how she’s been teaching in the regular classroom over the past 13 years. Plus, she said, her first exposure to the concepts in microeconomics became a “life-transforming event.”

“There might be hundreds of thousands of people out there who might be changed by taking this course, and wouldn’t that be fun,” she said.

Stein recorded the bulk of her lectures in advance, but she’s recording a few more while the course is in progress to incorporate case studies from current events. Students will earn a pass or fail grade based on their performance on weekly multiple-choice quizzes and participation in peer-reviewed problem sets.

Two weeks before the course opened, nearly 20,000 people had enrolled — quite a step up from the hundreds Stein usually sees in her lecture hall. But enrollment figures are somewhat misleading because only half of the people who sign up actually end up participating and an average of only 5 percent complete each course, according to a Coursera publicist.

Still, why give something away that these students might otherwise pay quite a steep price for?

Simply put, Rock said, “it’s core to our mission to be out there teaching.” On top of that, he continued, participating in Coursera could end up becoming “the single best and most efficient way of transforming teaching on campus. The kind of materials that you prepare for a Coursera course is just the materials that you want to have if you’re going to replace your frontal lectures with more intensive, face-to-face interactions.”

Rock also believes that it won’t be long before Penn’s investment in Coursera pays off. The university spends about $50,000 to produce each open course, the bulk of that on filming and stipends for the professors and teaching assistants who monitor discussion forums.

Rock sees potential to profit from those sunk costs by accrediting and licensing popular introductory courses such as economics or calculus. Several online education companies have already begun investigating this idea. Five Coursera offerings have been approved for credit and the company also offers verified certificates for certain courses.

Penn is working to grant credit for a calculus class featuring Professor Robert Ghrist’s hand-drawn animations. Even with the extra costs that would be required to hire a live proctor for exams for a credit course, Rock estimates that Penn could offer such a course for about $200, including the online textbook. He calls that a steal for high quality, “close to portable college credit.”

Distance learning is old hat at the Melrose Park-based Gratz College, which began focusing on online-only degree programs more than a decade ago. At that time, many universities had added Jewish studies departments so Gratz needed to rethink its role as a local Jewish studies provider, said Debbie Aron, director of online and distance learning. Gratz carved a national niche online, reaching students who didn’t have access to Jewish studies while also broadening its reach with secular education and nonprofit management programs.

Even though the medium is the same, self-paced “passive” courses offered by providers like Coursera can’t compare to more interactive, for-credit online classes where students get frequent feedback from professors and each other, said Jon Panofsky, a graduate student in Gratz’s online genocide and Holocaust studies program who has also taken a handful of open courses.

Preferences aside, Panofsky said, he still appreciates how incredible it is to have free resources like Coursera so readily available. It’s especially valuable for those who can’t afford to go to college or stop working full-time in order to study, he said.

“Where else am I going to find a class I can take for free on Roman archaeology on an Ivy League level?” the 28-year-old Fishtown resident said.

Rather than siphon students away from traditional college education, Stein, the Penn economics lecturer, predicted that open online courses would do the opposite.

“It’s a development of a new form of sharing information. So you can think of this as the development of the printing press or the free library.  Does the free library make universities obsolete? No, on the contrary, when people have libraries they learn to read and want to go to university.”

What it should make obsolete, however, are large lectures, Stein said. With the technology to stream video at home, “there’s no reason to have a lecture where you’re sitting and watching a professor at the bottom of the pit.”

Rock also predicted that licensed online “courses in a can” would become a fixture in high schools as a way to place out of introductory college classes similar to the way Advanced Placement credits work.

As for Dishler, she’s just hoping the online freebies last so she can continue enlightening her spare time.

“It’s much better than television!” she said. “I don’t think that it can go on forever so I’m trying to grab it all while it’s here.”

Deborah Hirsch is the director of digital media for the Jewish Exponent.  This article originally appeared in The Next Step, a Jewish Exponent special section.


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A number of indigenous industries existed in Jharkhand in olden times. The foremost among them are outlined below:

Cotton Weaving

The weaving castes such as Chik Baraks, Pans and Muhammedan Jolahas used to manufacture coarse cloth, e.g., Kareya for local consumption. The cotton used in folk at home. There were no large weaving centres and the production was on small scale, based on individual household. In spite of the dominance of mill-made cloths this tradition has been carried on though in a refined form, because of surplus domestic labour and specialised skill in weaving, e.g., manufacture of lungis, bed-covers and curtains of attractive designs to suit individual taste. The Cooperative Credit and Marketing have provided facilities to the weavers, who now use imported mill-spun yarn. The production is spread over villages throughout the district. Some important production centres are located in villages round Ormanjhi and Mandar in the Sadar subdivision. The goods now reach wider markets on account of improved communications, some being exported overseas as well.

Iron Goods

The ordinary iron utensils for domestic use as well as ploughs were made locally throughout the district by the village Lohras and Lohars. Iron was extracted from iron-ore by the Asurs and Lohras, and sometimes by the Oranons and Mundas themselves. The appliances used by the blacksmiths were primitive and the products of their hearth and anvil had no pretensions to fine work. The weapons used by the tribals in bunting were sometimes good examples of such crude work, specially the hunting axes known as balua or phalsa according to their shape. Heavy axes (tangi) were made for wood cutting. These primitive industries have now almost vaished because of the supply of better and cheaper mill-made wares, manufactured in local factories or imported.

Other Domestic Industries

The workers in brass and bell-metal, principally at Ranchi and Lohardaga, used to manufacture the ordinary vessels for household use; the village Kumhars supplied pottery of ordinary description; the carpenters turned out rough wooden work. The village Kumhars still carry on their work while the others have, more or less, disappeared from the scene. As in old times, basket-making is even now carried on by the Turies and Doms all over the district while rope is manufactured by Birhors and other aboriginal tribes from sabai grass and other fibres. Among musical instruments drums are locally manufactured.

Gold Washing

In the Sonapet Valley, several unsuccessful attempts were made to develop the gold-washing industry. At one time this led to a so-called gold boom in Calcutta which landed many people in disaster. The Jhoras of Biru occasionally washed for gold in the auriferous sands of the river Sankh and other rivers, but a hard day's work was well rewarded if the gold-dust obtained was worth 3 or 4 annas.

This country was famous in olden times for diamonds. Tavernier refers to diamond-mining at Soumelpore in Lohardaga (now Ranchi) district of Chota Nagpur where diamonds were found in the sands of the river Koel. But nobody has been heard prospecting about them now.

In the early part of the present century experiments showed that coffee could do well in Chota Nagpur. Its cultivation was started near Ranchi and the local Roman Catholic Mission made pioneering efforts to propagate it. However, cultivation remained restricted and at present no coffee is grown at all in the district.

Formerly the rearing of tasar cocoons was carried out on a small scale in portions of Tamar and Khunti thanas. Wild cocoons were very rare and tasar was usually obtained from cocoons reared on the asan tree (Terminalia Tomentosa). The Roman Catholic Mission at Khunti made some efforts to encourage this industry in the vicinity of Khunti. However, there is now little trace of this industry.

Designed and Developed by National Informatics Centre, Jharkhand State Unit
Content Owned, Provided and Updated by Department of Industry, Jharkhand


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Friday, May 21, 2010

Senate Passes Historic and Sweeping Overhaul of US Financial Regulation

for an exemption that is consistent with the SEC‘s previous exemptive policy and that takes into account the range of organizational and employment structures employed by family offices. Section 409

The legislation raises the asset threshold above which investment advisers must register with the SEC from the $25,000,000 set in 1996 by the National Securities Markets Improvement Act to $100,000,000. States will have responsibility for regulating advisers with less than $100,000,000 in assets under management. A primary reason for raising the asset under management threshold is to allow the SEC to focus its examination and enforcement resources on the largest investment advisers and thus improve its record in uncovering major cases of investment fraud. Section 410.

Accredited Investors

Accredited investor status, defined in SEC regulations, is required to invest in hedge funds and other private securities offerings. Accredited investors are presumed to be sophisticated, and not in need of the investor protections afforded by the registration and disclosure requirements of the federal securities laws. For individuals, the accredited investor thresholds are dollar amounts for annual income ($200,000 or $300,000 for an individual and spouse) and net worth of $1 million, including the value of a person‘s primary residence). These amounts have not been adjusted since 1982. Thus, the Senate legislation directs the SEC to adjust the net worth needed to attain accredited investor status to $1,000,000, excluding the value of the person’s primary residence. Within the period of four years after enactment, however, the net worth standard must be $1,000,000, excluding the value of the primary residence. Section 412. The legislation also directs the SEC, four years after enactment, and once every 4 years thereafter, to review the definition of accredited investor to determine whether the requirements of the definition should be adjusted or modified for the protection of investors, in the public interest, and in light of the economy. Upon completion of the review, the SEC may adjust the term accredited investor.

Clearing and Settlement

In order to mitigate systemic risk in the financial system and promote financial stability, the legislation provides the Financial Stability Oversight Council with a role in identifying systemically important financial market utilities and the Federal Reserve Board with an enhanced role in supervising risk management standards for systemically important financial market utilities and for systemically important payment, clearing, and settlement activities conducted by financial institutions. Section 805.

The Fed is authorized, in consultation with the Council and the SEC or other appropriate regulator, to prescribe risk management standards governing the operations of designated financial market utilities and the conduct of designated payment, clearing, and settlement activities by financial institutions. The statute sets out the objectives, principles, and scope of such standards.

The Fed is also authorized to maintain an account for a designated financial market utility and to modify or provide an exemption from reserve requirements that would otherwise be applicable to such utility. A designated financial market utility must provide advance notice of and obtain approval of material changes to its rules, procedures, or operations. Section 806.

The supervisory agency must conduct safety and soundness examinations of a designated financial market utility at least annually and can take enforcement actions against the utility. The Fed can participate in the examinations and is also authorized to take enforcement actions against a designated financial market utility if there is an imminent risk of substantial harm to financial institutions or the broader financial system. Section 807.

The SEC or other primary financial regulator is authorized to examine a financial institution engaged in designated payment, clearing, or settlement activities and to enforce the provisions of the Act and the rules prescribed by the Fed against such an institution. The Fed is required to collaborate with the primary financial regulator to ensure consistent application of the rules. The Fed is granted back-up authority to conduct examinations and take enforcement actions if it has reasonable cause to believe a violation of its rules or of the Act has occurred. Section 808.

SEC Self Funding

The legislation would also realize a goal of SEC self-funding. The legislation would allow the SEC to fund its own operations by using the transaction and registration fees it collects in place of a Congressionally-mandated budget. Self-funding will give the SEC access to millions more than is allocated through the Congressional appropriations process.
The SEC is one of only two federal financial regulators that must go through the annual Congressional appropriations process. Federal banking regulators such as the Federal Reserve and the FDIC, on the other hand, can use what they collect in fees, deposit insurance and interest income to fund their operations.

SEC Collateral Bars

Currently, a securities professional barred from being an investment adviser for serious misconduct could still participate in the industry as a broker-dealer. Noting that improved sanctions would better enable the SEC to enforce the federal securities laws, the Obama Administration sought authority for the SEC to impose collateral bars against regulated persons across all aspects of the industry rather than in a specific segment of the industry. The interrelationship among the securities activities under the SEC’s jurisdiction, the similar grounds for exclusion from each, and the SEC’s overarching responsibility to regulate these activities support the imposition of collateral bars. Section 925.

Thus, the legislation authorizes the SEC to impose collateral bars against regulated persons. The Commission would have the authority to bar a regulated person who violates the securities laws in one part of the industry, such as a broker-dealer who misappropriates customer funds, from access to customer funds in another part of the securities industry, for example, an investment adviser. By expressly empowering the SEC to impose broad prophylactic relief in one action in the first instance, this provision would enable the SEC to more effectively protect investors and the markets while more efficiently using SEC resources.

SEC Fair Fund

The Fair Fund provisions of the Sarbanes-Oxley Act take the civil penalties levied by the SEC as a result of an enforcement action and direct them to a disgorgement fund for harmed investors. The legislation would increase the money available to compensate defrauded investors by revising the Fair Fund provisions to permit the SEC to use penalties to recompense victims of the fraud even if the SEC does not obtain an order requiring the defendant to disgorge ill-gotten gains. Currently, in some cases, a defendant may engage in a securities law violation that harms investors, but the SEC cannot obtain disgorgement from the defendant because the defendant did not personally benefit from the violation. Section 929B.

Updating SIPA

The legislation updates the Securities Investor Protection Act, including provisions on increasing the borrowing limit, the distinction between securities and cash insurance, portfolio margin, and liquidation. The line of credit has not been increased since SIPA was enacted in 1970, and an increase is necessary to provide the Securities Investor Protection Corporation with sufficient resources in the event of the failure of a large broker-dealer. This line of credit is used in the event that SIPC asks for a loan from the SEC and the SEC determines that such a loan is necessary for the protection of customers of brokers or dealers and the maintenance of confidence in the US securities markets. Section 929C.

The Madoff fraud revealed that the Public Company Accounting Oversight Board lacked the powers it needed to examine the auditors of broker-dealers. Thus, the legislation brings broker-dealers under the PCAOB oversight regime. The PCAOB is given authority over audits of registered brokers and dealers that is generally comparable to its existing authority over audits of issuers. This authority permits the Board to write standards for, inspect, investigate, and bring disciplinary actions arising out of, any audit of a registered broker or dealer. It enables the PCAOB to use its inspection and disciplinary processes to identify auditors that lack expertise or fail to exercise care in broker and dealer audits, identify and address deficiencies in their practices, and, where appropriate, suspend or bar them from conducting such audits. Section 982.

The PCAOB must allocate, assess and collect its support fees among brokers and dealers as well as issuers. The PCAOB is expected to reasonably estimate the amounts required to fund the portions of its programs devoted to the oversight of audits of brokers and dealers, as contrasted to the oversight of audits of issuers, in deciding the total amounts to be allocated to, assessed, and collected from all brokers and dealers. The implementation of a program for PCAOB inspections of auditors of brokers and dealers is not intended to and should not affect the PCAOB‘s program for the inspections of auditors of issuers. Cost accounting for each program is not required. See Senate Banking Committee Report, Apr 30, 2010.

The legislation also authorizes the PCAOB to share confidential inspection and investigative information with foreign audit oversight authorities under specified circumstances. Information sharing may occur if the PCAOB makes a finding that it is necessary to accomplish the purposes of the Sarbanes-Oxley Act or to protect investors in U.S. issuers and the foreign authority has provided the assurances of confidentiality requested by the PCAOB, described its information systems and controls; described its jurisdiction‘s laws and regulation that are relevant to information access. The Board must also determine it is appropriate to share such information. Section 981.

The information about information controls and relevant law is to assist the PCAOB in making an independent determination that the foreign authority has the capability and authority to keep the information confidential in its jurisdiction. The PCAOB may rely on additional information in making the determining that the information will be kept confidential and used no more extensively than the same manner that the federal and state entities may use the information, which is an important consideration of determining the appropriateness of such sharing

Investor Protection for Seniors

Similar to the House legislation, the Senate legislation contains specific provisions dealing with senior investor protection. The NASAA has long been concerned with the use of misleading professional designations that convey an expertise in advising seniors on financial matters. Many of these designations in reality reflect no such expertise but rather are conveyed to individuals who pay to attend weekend seminars and take open book, multiple choice tests. NASAA has adopted a model rule designed to curb abuses in this area. Section 989A.

The legislation recognize the harm to seniors posed by the use of such misleading activity and establishes a mechanism for providing grants to states as an incentive to adopting the NASAA model rule. The grants are designed to give states the flexibility to use funds for a wide variety of senior investor protection efforts, such as hiring additional staff to investigate and prosecute cases; funding new technology, equipment and training for regulators, prosecutors, and law enforcement; and providing educational materials to increase awareness and understanding of designations.

Financial Literacy and Underserved Investors

The three vital components of financial literacy are education, consumer protection, and economic empowerment, and the legislation includes essential provisions in all three of these areas for consumers and investors. See remarks of Sen. Daniel Akaka, Cong. Record, Apr 30, 2010, p. S2996. With regard to education, the legislation requires a the SEC to conduct a financial literacy study and develop an investor financial literacy strategy intended to bring about positive behavioral change among investors. Section 916. In addition, an Office of Financial Literacy is created within the new Consumer Financial Protection Bureau and is tasked with implementing initiatives to educate and empower consumers. Section 1013.

A strategy to improve the financial literacy among consumers, that includes measurable goals and benchmarks, must be developed. With regard to the second key component of financial literacy, consumer protection, the Act strengthens the ability of the SEC to better represent the interests of retail investors by creating an Investor Advocate within the SEC. Section 911. The Investor Advocate is tasked with assisting retail investors to resolve significant problems with the SEC or the self-regulatory organizations. The Investor Advocate’s mission includes identifying areas where investors would benefit from changes in Commission or SRO policies and problems that investors have with financial service providers and investment products. The Investor Advocate will recommend policy changes to the Commission and Congress in the interests of investors.

The legislation also authorizes the SEC to effectively require disclosures to retail investors prior to the sale of financial products and services. Section 918. This provision will ensure that investors have the relevant and useful information they need when making decisions that determine their future financial condition. The information to be disclosed by SEC rule must be in summary format and contain concise information about investment objectives, strategies, costs, and risks, as well as any compensation or financial incentive received by the financial intermediary in connection with the purchase of the retail investment product.

The measure authorizes the SEC to gather information from and communicate with investors and engage in such temporary programs as the Commission determines are in the public interest for the purpose of evaluating any rule or program of the SEC. Section 912. In the past, the SEC has carried out consumer testing programs, but there have been questions of the legality of this practice. This legislation gives clear authority to the SEC for these activities.

The legislation modifies the Electronic Fund Transfer Act to establish remittance consumer protections. It would require simple disclosures about the costs of sending remittances to be provided to the consumer prior to and after the transaction. A complaint and error resolution process for remittance transactions would also be established. Section 1076.

On the third component, economic empowerment, the legislation intends to increase access to mainstream financial institutions for the unbanked and the underbanked. The legislation authorizes programs intended to assist low- and moderate-income individuals establish bank or credit union accounts and encourage greater use of mainstream financial services. Title XII would also encourage the development of small, affordable loans as an alternative to more costly payday loans.

Credit Rating Agencies

Credit rating agencies market themselves as providers of independent research and in-depth credit analysis. But in the financial crisis, instead of helping people better understand risk, they failed to warn people about risks hidden throughout layers of complex securitized structures.

Flawed methodology, weak oversight by regulators, conflicts of interest, and a total lack of transparency contributed to a system in which AAA ratings were awarded to complex, unsafe asset-backed securities and other derivatives, adding to the housing bubble and magnifying the financial shock caused when the bubble burst. When investors no longer trusted these ratings during the credit crunch, they pulled back from lending money to municipalities and other borrowers.

The legislation establishes an independent office within the SEC dedicated to improving the quality of regulation of credit rating agencies. The Office of Credit Ratings, headed by a direct report to the SEC Chair, will promote accuracy in credit ratings and keep conflicts of interest from unduly influencing ratings. Section 932.

The Office of Credit Ratings must also conduct annual examinations of each credit rating agency, including a review of its policies, procedures, and rating methodologies and whether it follows these policies, the management of conflicts of interest, the implementation of ethics policies; the internal supervisory controls of the agency, the governance of the agency; the activities of its compliance officer; the processing of complaints, and the policies of the agency governing the post-employment activities of former staff.

The SEC will annually publish the essential findings of all examinations, including the responses of rating agencies to material regulatory deficiencies identified by the SEC and to recommendations made by the SEC.

The legislation mandates that each nationally recognized statistical rating organization must establish, enforce, and document an effective internal control structure governing the implementation of policies and methodologies they use to determine credit ratings. Further, the SEC must adopt rules requiring credit rating agencies to submit to the Commission an annual internal controls report, containing a description of the responsibility of the management of the rating agency in establishing and maintaining effective internal controls. In addition, the rating agency must assess the effectiveness of the internal controls and the CEO must attest to it. Section 932.

The legislation authorizes the SEC to fine a rating agency for violations of law or regulations. The Act eliminates the effect of the inherent conflict of interest in the much criticized issuer pays model in the credit rating industry. The conflict of interest arises because rating agencies want to provide the highest rating to keep the issuer‘s business and are less willing to publish a lower rating. The Act addresses this conflict by directing the SEC to write rules preventing sales and marketing considerations from influencing the production of ratings. Violation of these rules will lead to suspension or revocation of rating agency status if the violation affects a rating.

The legislation promotes sound corporate governance by prohibiting compliance officers at rating agencies from participating in the production of ratings, the development of ratings methodologies, or the setting of compensation for agency employees.

The legislation eliminates the effect of the inherent conflict of interest in the issuer-pays model of the credit rating industry under which issuers of structured securities have the incentive to use the rating agency that provides the highest rating. A conflict of interest thus arises because rating agencies want to provide the highest rating to keep the issuer‘s business and are less willing to publish a lower rating. The Act addresses this conflict by directing the SEC to adopt rules preventing sales and marketing considerations from influencing the production of ratings. Violation of these rules will lead to suspension or revocation of NRSRO status if the violation affects a rating. Section 932. Also, rating agencies must consider information about an issuer that they receive from a source other than the issuer, that the agency finds credible and potentially significant to a rating decision. But the measure does not require a rating agency to initiate a search for such information.

The Franken Amendment further attacks the conflict of interest problem by creating a board overseen by the SEC that will assign credit rating agencies to provide initial ratings on a rotating basis. The SEC will create a credit rating agency board, a self-regulatory organization, tasked with developing a system in which the board assigns a rating agency to provide a product’s initial rating. Requiring an initial credit rating by an agency not of the issuer’s choosing will put a check on the accuracy of ratings, in the Senator’s view. The amendment does not prohibit an issuer from then seeking a second or third or fourth rating from an agency of their choosing. The amendment leaves flexibility to the Board to determine the assignment process. Thus, the new board gets to design the assignment process it sees fit, which can be random or based on a formula, just as long as the issuer doesn’t get to choose its rating agency. Cong. Record, May 10, 2010, S3465.

The SEC must also adopt rules separating the ratings from sales and marketing. Specifically, the rules must prevent the sales and marketing considerations of a rating agency from influencing the production of ratings. The SEC rules must provide for exceptions for small rating agencies when the Commission determines that the separation of the production of ratings and sales and marketing activities is not appropriate.

Reform of Securitization

In many ways, the financial crisis was at root a crisis of securitization. While traditional securitization was a successful tool for bundling loans into asset-backed securities, in the last decade it morphed into the short-term financing of complex illiquid securities whose value had to be determined by theoretical models. The inherent fragility of this new securitization model was masked by the actions of market intermediaries, particularly credit rating agencies. Predatory mortgages and securitization of those mortgages on Wall Street built a house-of-cards economy. The predatory subprime mortgages were done at the retail level, but the securitization and selling of those packages occurred on Wall Street. Remarks of Senator Jeff Merkley, Cong. Record May 6, 2010, S3319.

The collapse of structured securitization revealed the ugly reality that, far from managing and dispersing risk, it had increased leverage and concentrated risk in the hands of specific financial institutions. The Obama Administration proposed the reform securitization by changing the incentive structure of market participants; increasing transparency to allow for better due diligence; strengthening credit rating agency performance; and reducing the incentives for over-reliance on credit ratings. Provisions of the draft legislation would implement these goals.

One of the most significant problems in the securitization markets was the lack of sufficient incentives for lenders and securitizers to consider the performance of the underlying loans after asset-backed securities were issued. Lenders and securitizers had weak incentives to conduct due diligence regarding the quality of the underlying assets being securitized. This problem was exacerbated as the structure of those securities became more complex and opaque. Inadequate disclosure regimes also exacerbated the gap in incentives between lenders, securitizers and investors.

There is a growing consensus that we have ``crossed the Rubicon’’ into originate and distribute securitization and there is no turning back to originate and hold. Indeed, restarting private-label securitization markets, especially in the United States, is critical to limiting the fallout from the credit crisis and to the withdrawal of central bank and government interventions. However, no one wants policies that would take markets back to their high octane levels of 2005–07. Thus, the legislation aims to put securitization on a solid and sustainable footing.

The legislation reforms the process of securitization by, primarily, requiring companies that sell products like mortgage-backed securities to retain a portion of the risk to ensure that they will not sell toxic securities to investors, because they have to keep some of it for themselves. The Senate legislation would require companies that sell products like mortgage-backed securities to keep some ``skin in the game’’ by retaining at least five percent of the credit risk so that, if the investment doesn’t pan out, the company that made, packaged and sold the investment would lose out right along with the people they sold it to. Section 941. In addition, the legislation would require issuers to disclose more information about the assets underlying asset-backed securities and to analyze the quality of the underlying assets. Section 942.

Specifically, the legislation directs the federal banking agencies and the SEC to jointly prescribe regulations to require any securitizer to retain a material portion of the credit risk of any asset that the securitizer, through the issuance of an asset-backed security, transfers, sells, or conveys to a third party. When securitizers retain a material amount of risk, they have skin in the game, thereby aligning their economic interests with those of investors in asset-backed securities. Securitizers who retain risk have a strong incentive to monitor the quality of the assets they purchase from originators, package into securities, and sell.

While the legislation provides a baseline risk retention amount of five percent of the credit risk in any securitized asset, that figure may be set higher at the regulators‘ discretion, or it may be reduced below 5 percent when the assets securitized meet standards of low credit risk to be established by rule for the various asset classes. The legislation gives the SEC and the banking regulators flexibility in setting risk retention levels in order to encourage the recovery of the securitization markets and to accommodate future market developments and innovations. But it must be remembered that in all cases the amount of risk retained should be material so that it creates meaningful incentives for sound and sustainable securitization practices

Whistleblower Protections

Section 922 of the Act allows the SEC to reward whistleblowers who provide the Commission with information on securities law violations. The provision, found in new Exchange Act Section 21F, applies to any judicial or administrative action brought by the SEC under the securities laws that result in monetary sanctions exceeding $1,000,000. Whistleblowers will also enjoy more protections from retaliation under the Act.

Currently, the SEC may reward individuals for providing information leading to the recovery of civil penalties for insider trading. New Section 21F will allow the payment of rewards for information that leads to the successful enforcement of any judicial or administrative action brought by the SEC under all provisions of the securities laws. For example, whistleblowers in financial fraud and Foreign Corrupt Practices Act cases, which often generate substantial civil penalties, would be eligible for awards.

The Senate measure, unlike the House bill, provides a minimum award of 10 percent of the funds collected as sanctions. Both bills cap awards at 30 percent of collected funds. Whistleblowers may appeal the SEC's award decision to the appropriate circuit court for review under an abuse of discretion standard. The statute prohibits payments to specified administrative and law enforcement personnel, auditors and individuals convicted of a crime connected to the judicial or administrative action in question.

The Act expands the whistleblower protections in the Sarbanes-Oxley Act. While the two statutes prohibit similar conduct, there are significant differences in both the scope of the measures and in the available relief.

Section 929A of the t amends Sarbanes-Oxley Act Section 806(a) to clarify that the whistleblower protections apply to both parent companies and their subsidiaries and affiliates if their financial information is included in the consolidated financial statements of the parent company. Victims of retaliatory discrimination may also immediately and directly file suit against the employer in federal district court. Under Section 806, claimants had to file a complaint with the Department of Labor, and could only seek district court review if the Secretary of Labor failed to reach a determination within 180 days. Both statutes provide for reinstatement and for the recovery of lost wages and costs. Under the Senate bill, however, injured persons may recover twice their lost wages, while the Sarbanes-Oxley Act allowed only the recovery of actual wages lost.

The Cardin-Grassley Amendment extended whistleblower protection to employees of credit rating agencies, which are the nationally recognized statistical rating organizations, NRSROs, which issue credit ratings that the SEC permits other financial firms to use for certain regulatory purposes.

Securities Lending

The legislation directs the SEC to adopt rules that are designed to increase the transparency of information available to brokers, dealers, and investors with respect to loaned or borrowed securities. Section 984 also makes it unlawful for any person to effect, accept, or facilitate a transaction involving the loan or borrowing of securities in contravention of the SEC rules.

Resolution Authority

According to Treasury, the lack of a federal regulatory regime and resolution authority for large systemic financial institutions contributed to the financial crisis and, unless addressed with legislation, will constrain a federal response to future crises. As demonstrated by AIG, severe distress at large global non-depository financial institutions can pose systemic risks to the financial markets just as distress at banks can.

Thus, the legislation establishes an orderly liquidation authority to give the U.S. government a viable alternative to the undesirable choice it faced during the financial crisis between bankruptcy of a large, complex financial company that would disrupt markets and damage the economy, and bailout of such financial company that would expose taxpayers to losses and undermine market discipline. The new orderly liquidation authority would allow the FDIC to safely unwind a failing nonbank financial firms or bank holding companies, an option that was not available during the financial crisis. The process includes several steps intended to make the use of this authority very rare. There is a strong presumption that the Bankruptcy Code will continue to apply to most failing financial companies. Section 203.

Once a failing financial company is placed under this authority, liquidation is the only option; since the failing financial company may not be kept open or rehabilitated. The financial company‘s business operations and assets will be sold off or liquidated, the culpable management of the company will be discharged, shareholders will have their investments wiped out, and unsecured creditors and counterparties will bear losses.

The Dodd-Shelby Amendment, in conjunction with the Boxer Amendment, ends the idea that any firm can be too big to fail. Pursuant to the Dodd-Shelby Amendment, the legislation creates an orderly liquidation mechanism for the FDIC to unwind failing systemically significant financial companies. This mechanism represents a fundamental change in federal law that will protect taxpayers from the economic fallout of the collapse of a large interconnected systemically significant financial firm. Senator Chris Dodd, Cong Record, May 5, 2010, S3131.

Shareholders and unsecured creditors will still bear losses and management at the failed firm will be removed. In fact, the Dodd-Shelby Amendment empowers regulators to bar culpable management and directors of failed firms form working in the financial sector. According to Senator Dodd, it makes sense that if someone has been involved in the mismanagement of a company and caused such disruption in the economy they should be banned from engaging in further economic activities. Senator Chris Dodd, Cong Record, May 5, 2010, S3131.

Subject to due process protections, regulators can ban from the financial industry senior executives and directors at failed financial firms upon determining that they violated a law or regulation, a cease and desist order, or an agreement with a federal financial regulator; or breached their fiduciary duty; or engaged in an unsafe or unsound practices. In addition, the executive must have benefitted from the violation or breach, which must also involve personal dishonesty or a willful or continuing disregard for the firm’s safety or soundness. The length of the industry ban is in the regulator’s discretion, but must be at least two years. Section 212.

There will also be clawbacks of excess payments to creditors, such that creditors will be required to pay back the government any amounts they received above what they would have received in liquidation. Those who directly benefitted from the orderly liquidation will be the first to pay back the government at a premium rate.

Congress must approve the use of debt guarantees by the Fed or Treasury. The Fed can only use its Section 13(3) emergency lending authority to help solvent companies.

The Dodd-Shelby Amendment also requires post-resolution reviews to determine if regulators did all they were supposed to do to prevent the failure of a systemically significant institution. According to Senator Shelby, this post-resolution review is essential to hold regulators accountable for their actions or inactions as the case may be. Cong. Record, May 5, 2010, S3140.

The Boxer Amendment puts to rest any doubt that the legislation ends federal bailouts of financial firms. The amendment means that no financial company is going to be kept alive with taxpayer money. Remarks of Senator Boxer, Cong. Record, May 4, 2010, S3063.

Specifically, the Boxer Amendment states that all financial companies put into receivership under the legislation must be liquidated and no taxpayer funds can be used to prevent the liquidation of any financial company. Further, all funds expended in the liquidation of a financial company must be recovered from the disposition of assets of such financial company, or must be the responsibility of the financial sector, through assessments. According to Senator Warner, the Boxer Amendment reaffirms that entry into the resolution regime will mean that the financial firm will go out of business, that equity will be toast, management will be toast, the unsecured creditors will be toast. This will be an effective death panel for a financial institution. Cong. Record, May 3, 2010, S3027.

Municipal Securities

The legislation establishes an Office of Municipal Securities in the SEC to administer the Commission‘s rules with respect to municipal securities dealers, advisors, investors, and issuers. The Director of the Office will report to the SEC Chair. The Office must coordinate with the MSRB for rulemaking and enforcement actions, and must be sufficiently staffed to carry out its duties, including individuals with knowledge and expertise in municipal finance. Section 979.

SEC Inspector General

The Grassley-McCaskill Amendment also requires the SEC and CFTC inspector generals to report to the full Commission rather than only to the SEC or CFTC Chair. It will additionally require that two-thirds of the Commission must vote for cause to fire the inspector general. Section 989D. According to Senator Grassley, the two-thirds for cause vote ensures the possibility that any political attempt to remove an agency inspector general will be met by dissent from some some Commissioners.

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Tuesday, February 17, 2009

Undergraduate Scholarship Opportunities 2009-2010, MATA Scholarships

The Minnesota Athletic Trainer’s Association (MATA) is proud to announce two (2) undergraduate scholarship opportunities for the 2009-2010 school year.
Swede-O, Inc. $500.00 Scholarship: Swede-O continues its long time tradition as a major supporter towards the scholarship program. “On behalf of the MATA we want to thank Swede-O for their continued support and friendship towards our state association and the profession of athletic training.” - MATA President, Chris “Gorby” Gebeck.

The MATA $500.00 Scholarship: The MATA is pleased to be able to sponsor this scholarship. The MATA acknowledges there are many outstanding athletic training students who are deserving of this award as they are the future of our profession.

For both the Swede-O, Inc and MATA Scholarships qualified candidates should demonstrate leadership, a desire to be active in the athletic training profession and actively involved in their community and have achieved academic success.

Applications for scholarships can be found on-line (www.mnata.com/students/swedoscholarship.pdf). Forms are in pdf format.

Application deadline: Postmarked by April 4, 2009.


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Main | Monday, April 29, 2013

New Zealand Billboard Controversy

A New Zealand brewery is raising claims of homophobia with the above addition to their long-running "Yeah Right" campaign.  A spokesman for the company explains:
This joke would traditionally say ''wife'', as in the person isn't happy with their Dad's new partner.  However, now that marriage is open to homosexual couples, so too will be situations where Dad gets a new husband. The joke teller isn't necessarily ... not happy with Dad's new husband because he (and Dad) are gay ... The joke is more a reflection on recent events, and if anything, promotes gay marriage because we no longer have to say ''Dad's new Civil Partner seems nice."
The company's slogan: "Distracting the boys from the task at hand since 1889." (Via Boy Culture)

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Tommy Lee Jones | Movies, News, Photos, Gossip, Videos - Jollyhoo.com

News on : Tommy Lee Jones

Will Smith and Tommy Lee Jones return with MIB3

Will Smith and Tommy Lee Jones are coming together again with the third film in

Emma Thompson to star in ‘Men in Black III’?

Hollywood actress Emma Thompson is reportedly in negotiations to star alongside Will Smith in “Men in Black III”.

Smith will reprise his role as Agent Jay, while Tommy Lee Jones

Priyanka Chopra to play Indira Gandhi in biopic?

New Delhi, Aug 20 (IANS) After Madhuri Dixit backed out from the project on personal


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DC Brau T-Shirt

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DC Brau Circus T-Shirt

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California Road Trip: Part 2

By Sevan Matossian

In Athletes, HD Videos

November 16, 2010

Video Article

Join an all-star cast on a classic CrossFit road trip as Dave Castro, Sevan Matossian and Rob Orlando embark on a tour of California. But this trip isn’t for traditional sightseeing. The sights along this journey are barbells and top competitors as the group moves north one workout at a time.

On Day 2 of their road trip, Castro, Matossian, Orlando and Dave Lipson make their way to L.A., and Lipson talks about his daily squat of at least 450 lb. in honor of CrossFitter Amanda Miller, whose life was taken by melanoma. The website tracking Lipson’s progress and raising awareness for her charity is 365 Days of Squatting.

At CrossFit Marina outside L.A., the crew meets Games competitor David Millar (ninth in 2009), coach and medic Steve Serrano, Brian MacKenzie of CrossFit Endurance and Max Fernandez of CrossFit South County. The first workout of the day is a chipper comprising back squats, rope climbs, box jumps, rowing and tire flips. Orlando and Lipson are split up to compete against Millar and Fernandez. Can Orlando and Lipson stay on top?

One thing is for certain: Lipson’s going to puke.

“My stomach evacuates all contents upon intense exercise,” he admits.

Next up is a stop at Valley CrossFit, home to top athletes including 2010 Games champ Kristan Clever and Rebecca Voigt, seventh-place finisher in 2010.

With two workouts already checked off for the day. Will Clever be able to win another pitting her against some of the best men and women of the sport?

30min 16sec

Additional video: CrossFit’s Elite vs. the IMG Combine360, published July 12, 2010.

HD file size: 1.09 GB
SD wmv file size: 362 MB
SD mov file size: 332 MB

Please note: These files are very large. They are long and even the SD versions are higher quality than the normal Journal videos. They are not meant to be watched streamed. Please download the entire file to your hard drive before watching it (right-click and choose Save Link As...).

Free Download

9 Comments on “California Road Trip: Part 2”

wrote …

These are very entertaining. Thank you, Sevan.

wrote …

Loving these. Keep it up.

wrote …

wrote …

These are awesome! Can't wait for part 3!!

wrote …

Now there is a WOD I would like to do...Very good interaction hope to meet all these elite athletes in the coming year after my deployment..

wrote …

"Ode To Rob Orlando"

I'm becoming a bigger & bigger Lipson fan with every one of these vids. He's hilarious.

wrote …

sub 3 fran.... the standard of any male or female crossfit monster.

great PR Kristan!

wrote …

That's my coach! Expect to see Max Fernandez at the games next year.

wrote …

Paleo at a gas station??? What was on the menu?

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giganews blog

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Thursday, March 06, 2014

Automatic Connect on Wi-Fi and Cellular networks now available!

Public Wi-Fi hotspots at coffee shops, airport and hotels have become increasingly insecure. Cellular networks also share similar security concerns. Even worse, cellular carriers are also leveraging Wi-Fi to carry smartphone traffic in order to alleviate cellular network traffic, compromising mobile communications. However, users are sometimes too busy or forget to turn on VyprVPN when accessing insecure Wi-Fi and cellular networks. Our partner Golden Frog wants to make it easier for users to protect themselves, so that's why they added the automatic connect on unknown Wi-Fi and cellular settings into the 2.3 versions of the Android, Windows and Mac apps. Unfortunately, due to iOS restrictions, Golden Frog is not able to offer the automatic connect settings for the VyprVPN for iOS app at this time.

VyprVPN Automatic Connect options include:
  • Connect on Unknown Wi-Fi Networks - When a user connects to an unknown Wi-Fi network, VyprVPN will automatically connect and encrypt all Internet traffic. Users may also exclude specific, "known" networks they consider to be secure and don't want VyprVPN to automatically connect.
  • Connect on Cellular - When a user is connected to a cellular network, VyprVPN will automatically connect.
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Please read the change logs for Windows, Mac, and Android for additional VyprVPN 2.3 updates.

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Existing users of VyprVPN for Windows and Mac will receive an update notification in the app from which they can install the update. Existing users of VyprVPN for Android can update via Google Play

If you don't have VyprVPN and want protection for your internet connection while at home or on the go, upgrade to Diamond or Platinum get VyprVPN included for free! If you're not already a Giganews member, we invite you to sign up for a 14-day free trial.

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Propagation refers to the distribution of Usenet posts from one Usenet system to another. For example, if you were to post a newsgroup article on Giganews' Usenet servers we would in turn "propagate" or feed that article to other Usenet servers around the Internet. A Usenet system which can quickly propagate your post to Usenet systems around the world is said to have good propagation. As the world's largest tier 1 Usenet provider and most peered Usenet system, Giganews offers the best propagation available on Usenet, thus ensuring your Usenet posts will be read by the rest of the Usenet community."

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Richard Move and MoveOpolis! -- Mariko Mori Musings

by W Tam
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Dawn Dunnings performed Mariko Mori Musings which was inspired by Japanese Anime with a modern take on Butoh dance. This is second dance in Richard Move and MoveOpolis! six part series Hostile Takeover.

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    Great composition! Love it!!

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Monday, July 25, 2011

TVXQ’s Yunho and Claudia put on a fun puppet show for ‘Kiss & Cry’

Last week, we reported that TVXQ’s Yunho and Claudia would be transforming into marionettes for ‘Kiss & Cry’.

On the July 24th broadcast of SBS’s ‘Kiss & Cry‘, Yunho and Claudia put on a marionette concept performance, while SHINee’s Minho made an appearance as their team’s friend.

Lifts were the big project for Yunho’s team. Claudia feared lifts because she was used to skating along and Yunho had difficulty because he was not a professional skater.

The two began their performance as masked dolls. SHINee’s Minho played a puppetmaster, making Yunho and Claudia move like marionettes. They successfully performed a variety of difficult skills such as the white mushroom spin, marionette lift, curve lift, straight couple sequence, and lunge.

Judge Go Sung Hee said, “Though I think you can do more when it comes to skill, you did something that others didn’t do.” Kim Yuna said, “I saw that you’ve improved your lifts from an uncertain lift to one that is much more steady. The spins were great as well.” Kim Jang Hoon said, “I think Yunho has the greatest capability. Your confident expression looks cool to even a fellow guy like me.”

Meanwhile, the Yunho and Claudia couple earned 36 points out of 40.

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Police & Fire

Posted: Monday, February 17, 2003

Juneau police, fire officials and state troopers reported:

• A load of laundry containing towels valued at $100 was reported stolen at 10:45 a.m. Saturday near Glacier Highway. The laundry was in a dryer when it was stolen around 6 p.m. Friday.

• A blue and black backpack, containing 50 CDs, valued at $600, was reported stolen at 2:35 p.m. Saturday from the side of Egan Drive.

• Several items, valued at $210, were reported stolen from a vehicle at 6:15 p.m. Sunday near Shattuck Way.

• Two children's bikes were reported stolen at 8:04 p.m. Sunday near Mendenhall Loop Road.

• Two bracelets, valued at $600, were reported stolen at 10:18 p.m. Sunday near Portage Boulevard.

Vandalism and criminal mischief:

• A Honda was reported keyed and a rear window broken at 1:06 p.m. Saturday while it was parked near North Franklin Street.

• The driver's seat of a 1991 Mercury Grand Marquis was reported damaged at 3:58 p.m. Sunday near Aurora Harbor. Police did not have a damage estimate.

• A basement window was reported broken at 3:58 p.m. Sunday near B Street downtown. Police did not have a damage estimate.

Vehicle accidents:

• No one was injured when a 1992 pickup truck struck a light pole at 5:38 a.m. Sunday near Davis Avenue and Glacier Highway. The truck sustained $4,500 in damage.

• A woman, 40, reported people in a dark blue, older model Ford pickup with two yellow lights in the rear windows threw paintballs at her around 11:30 a.m. Saturday near 10th Street and Egan Drive. The woman was waiting to cross the street at the traffic island when the paintballs were thrown at her. The paintballs did not break.

• Police arrested a woman, 26, on an outstanding $175 warrant at 11:22 p.m. Saturday near Nancy Street. The warrant alleged the woman did not pay restitution and failed to comply with the conditions of her release from a previous conviction. The original charge was criminal mischief. She was lodged at the Lemon Creek Correctional Center.

• A man, 50, was arrested on an outstanding $3,000 warrant at 1:19 a.m. Sunday near South Franklin Street. The warrant charged he failed to satisfy the judgment in a previous conviction. The original charge was assault. He was lodged at the state prison.

• Police arrested a man, 19, for interfering with a police officer and criminal trespass at 3:26 a.m. Sunday near Rotary Park. He was also cited for underage drinking. He was lodged at the state prison.

Domestic violence calls: 1.

Alcohol-related calls: 2.

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In the Stacks
This week's column features books for kids!

Hickel offers the 'Alaska Solution' to cure what ails the world
No stranger to national politics and well-known in Beltway circles, two-time former Alaska Gov. Walter Hickel recently penned a letter to President George W. Bush. "I told him, 'I support what you're doing, but next time, you should skip the war and go straight to the Marshall Plan'," Hickel explained in a phone interview.

More moderation
In the past couple of weeks we've seen letters to the editor and articles in the Empire in support of the environment and that successfully countered the piece by Anchorage Times Editor Tom Brennan that appeared in the Empire on April 12, titled, "Greens are really bad for the environment and the economy."

Youthful choices
With both profound appreciation and excitement I commend the Juneau Empire for running the letter, "Time to Reflect," in last Wednesday's Letters to the Editor column.But even more, my heartfelt gratitude goes to the anonymous inmate at Lemon Creek prison who took the time, the courage, and especially the concern to write it.

Probably not
I loved the way Sen. Murkowski managed to tie oil drilling in ANWR to the current news agenda: Its relatively small output, starting in seven years, would help fight terrorism and also save the steel industry. Why didn't he claim the oil would rehabilitate abused altar boys?

Wellness Court is still an experiment
The recent Empire article on Wellness Court gave a good overview of the pilot program being developed in Juneau. A small amount of funding was awarded to the National Council on Alcoholism and Drug Dependence to lay the groundwork for a Wellness Court program in District 1 Court.

Downsize government
Why is it that no one in the Legislature can get these words out of their mouths? "We need to downsize government."

Expressing disbelief
After reading about the "Bong Hits 4 Jesus" banner lawsuit, I felt that I must write to express my disbelief at the lack of moral conscience of the Juneau School Board and Ms. Deborah Morse. It should be clear to anyone who has taken even a middle-school civics class that such activity is protected by the First Amendment.

Classic leadership
Alaska State Employees Association Business Manager Spanky O'Connell has announced that he will resign May 25. Sanctimoniously declaring in this statement his own vast experience, Spanky demonstrates his classic leadership style by further insulting the majority of ASEA members who voted in the recent union election, thus: "The newly elected majority of our (?) executive board has demonstrated ... that they want to manage our (?) union from a political perspective based on their own narrow frame of reference."

Worthy of exemption
I feel that Fireweed Place should not have to pay property taxes because it is occupied by senior citizens. Senior citizens in their own homes that they own don't have to pay them (on the first $150,000 of value).

Photo: Helping to clean up the city
SAGA crew leader Nikken Palesch, left, and Adam Empson, 5, help Dzantik'i Heeni Middle School students Kylie King, center, and Samantha Green pick up garbage at Marine Park on Friday as part of National youth Service Day.

Juneau hot for winter games
Juneau athletes and coaches who traveled to Greenland for the Arctic Winter Games last month came back with a renewed commitment to bring the Games here in 2006.Arctic Winter Games Ad-Hoc Bid Committee Chairman Jim Powell said Alaska's capital city already has much of what's needed to host the games, including sports venues, a full-service airport and a population that's not too large.

Knifing trial jury ends up deadlocked
A jury took nearly two days to decide that it couldn't decide whether a Juneau man stabbed an acquaintance more than 20 times on purpose or in self-defense.

Douglas deer
Two Sitka black-tailed deer make themselves at home on Robert and Anna Warfield's lawn on Saturday on North Douglas.

Around Town
Listings of local nonprofit events

Mark Farmer leaves Juneau
Bear activist and former candidate for city office Mark Farmer moved to Anchorage last week.

Reception for ice rink candidates Tuesday
The public will have the opportunity to meet the top candidates for city ice rink manager at a reception Tuesday.

Spring kings
Ramon Isturis displays a 28-pound king salmon he caught Saturday morning off the rocks at False Outer Point.

Hale 'mussels' to the top of science
Natalie Hale has found a way to turn the innocuous mussel into a scientific star.The Juneau-Douglas High School sophomore won the Alaska State Science Fair in Anchorage last month with her study of how fecal coliform bacteria from pollution affected mussels in the Juneau area. Now she's getting ready to travel to an international science fair next month, and her research may be published in scientific journals.

Main breaks: Mud floods S. Franklin
Dannie Lazaro was in the back room of the Filipino Community Hall doing some paperwork after a Bingo game ended late Sunday night when he saw the walls buckle, the back door bow and part of Gastineau Avenue come crashing into the room around his feet.

Around Town
Around Town is a listing of local nonprofit events.

Medicaid reductions bite into mental health programs
Lower Medicaid payments and Juneau Youth Services' own billing problems have forced the agency to scale back construction plans, dip into savings and reduce employee benefits, officials said.

Native traditions turned into feats of athleticism
They were playing her song. Again.A beaming Nicole Johnston stood atop the winners' podium in Katuaq Hall in Nuuk, Greenland, a gold medal draped around her neck and the words to the "Star-Spangled Banner" spilling from her lips.

Police and Fire
Reports from Juneau police, fire officials and state troopers.

Police and Fire
Juneau police, fire officials and state troopers reported:

9 survive after skiff overturns
Nine people ended up in Tongass Narrows after an overloaded skiff capsized Saturday night, the Coast Guard said. Two people were treated for hypothermia and minor injuries, but no one was seriously hurt.

Security plans allow wharf access - with some limits
Juneau residents will be able to walk along the downtown dock this summer with some limits, according to city and U.S. Coast Guard officials.The Coast Guard has been working with communities throughout Southeast Alaska over the past several months to update port security plans following the Sept. 11 terrorist attacks. With the first cruise ship of the season due to arrive Tuesday, the city of Juneau's plan is nearly finished, city Port Director Joe Graham said.

Architects urge city to rebid JDHS project
Bids to renovate Juneau-Douglas High School will be lower if the city waits a month and rebids the project, the architects said Friday.But Assembly member Dale Anderson said it wouldn't be fair to the current low bidder to go out to bid again.

Rev. Diane Baldwin Tickell
Former Juneau resident the Rev. Diane Baldwin Tickell, 84, died April 24, 2002.

How may I (digitally) assist you?
I know life is already full of too many TLAs (Three Letter Acronyms), but here's another: PDA. Heard of it? Stands for Personal Digital Assistant. Strictly speaking, a digital assistant is a helper that requires the use of your digits - your fingers - making the knife one of the first cutting-edge PDA technologies.

My Turn: The shock and sorrow of Sept. 11 continue to resonate
One of the recent USA Weekend editions in the Sunday paper featured a short article listing a Web site where anyone could enter thoughts about the Sept. 11th tragedies.

Toe Cartoon

Capitol Notebook: Roses are red, and the ink is, too
When Denny DeWitt brought me long-stemmed red roses, I knew it was a strange week.DeWitt is the highly capable aide to House Finance Co-Chairman Eldon Mulder. My fan club isn't based in that office.

Marine Highway funding cuts hit SE Alaska's economic hopes
Because our highway in Southeast Alaska runs over water, its importance is far greater than a conventional road system because it operates on a limited schedule and each user pays for the privilege.Unquestionably, serious belt tightening in government spending is called for if we hope to close the fiscal gap.

Alaskans united on saving permanent fund dividend
Recently, a group of well intended, life-long Alaskans reunited hopefully to save the Alaska permanent fund dividend from the Alaska Legislature's deceptive fiscal plan. We call ourselves the "83 Percent Coalition."

Word Of Mouth
Word of Mouth gives readers a forum to express opinions on a variety of issues by telephone. Call 586-4636 and press 8255 to leave a message. Be sure to leave your name and telephone number.

Out and About
April 30: U.S. Forest Service closes Blueberry Access Trail to Dan Moller Ski Bowl to motorized use. Call 586-8800 for details.

Fish Report
The Alaska Department of Fish and Game announced Friday that the king salmon bag and possession limit for nonguided resident anglers will increase to two king salmon 28 inches or more in length in marine waters of Southeast Alaska.

Preparing to launch
A boat that is used daily is a lot less likely to break down than one that is used once a month, according to Mike Grieser, owner of New Life Motors.So boats that haven't been used since last fall probably need a good going-over before launching or heading out this spring. "It's better to find problems on the beach than after you're out on the water," Grieser said

Annual Spring King derby starts Wednesday
The big salmon are running, just in time for the sixth annual Spring King Salmon Derby."My son just brought in a 30-pounder Wednesday," said Archie Cavanaugh, director of the month-long fish-catching contest.

Cope Park Mountain Bike Race Results
Results from Friday night's Cope Park Mountain Bike Race, the first race of the season sponsored by the Juneau Freewheelers Bicycle Club. Racers rode laps around the edges of Cope Park.

Strategy wins in Native Youth Olympics
Leroy Shangin had a strategy for the Alaskan high kick at this year's Native Youth Olympics. While other athletes competed barefoot or wore basketball footwear, the 18-year-old high school senior donned his wrestling shoes.

Juneau boys, girls track teams place 4th in Anchorage
A skeleton version of the Juneau-Douglas High School boys and girls track and field teams claimed a pair of fourth-place finishes in the team standings at the West Anchorage Invitational meet held Friday and Saturday at West Anchorage High School.

Juneau boxers tagged in Glacier Gloves
Juneau Douglas Boxing Club trainer Delfin Evenson called it a "baptism by fire" after his club members won just one of their nine fights during the inaugural Glacier Gloves boxing tournament Friday night at Alaska Native Brotherhood Hall.Evenson wasn't too disappointed by Juneau's showing, considering many of the boxers were entering the ring for the first time, but he did think it could have been better. Friday night's USA Amateur Boxing-sanctioned event featured 16 bouts between young boxers from Anchorage, Fairbanks, Sitka and Whitehorse, Yukon Territory.

Sports in Juneau
Information on upcoming sports and outdoors events in Juneau.

Get muddy and wet!
Like lemmings to the sea, 66 local runners scattered across the moonscape of Gastineau Channel at low tide Saturday morning in search of the shallowest water traverse to complete the 22nd annual May Day Mud (and Mountain) Run."Our strategy was to let a lot of people go out in front of us and do the course work," first-time racer Bethany Bereman said. "We saw the people who were waist deep and decided not to cross there."

Sports In Juneau
Information on upcoming sports and outdoors events in Juneau.

Gastineau Channel Little League kicks off 51st season in Juneau
Robin Woodby and Eric Stewart looked dapper in their matching green-and-white Cellular One Devil Rays team jackets, while teammate Dustin Miller tossed a baseball up and down during Saturday morning's opening ceremonies for the Gastineau Channel Little League's 51st season in Juneau.

Wrangell: World events hit Wrangell permafund
Gary Rohweler of Solomon Smith Barney issued a report to the Wrangell Council last week on the health of Wrangell's permanent fund. Wrangell learned that events of the past two years have not been kind to their money.

Some timber sales OK'd
A federal judge has tailored an injunction that will allow some logging on the Tongass National Forest this summer.U.S. District Judge James Singleton of Anchorage issued an order Friday that stops timber harvest in most Tongass wilderness, but allows work on some existing timber sales and the Swan Lake-Lake Tyee electric intertie near Ketchikan to go forward.

Haines: Police crack down on youth drinking
The Haines Police Department and Alaska State Troopers are joining forces to try to curb underage drinking.

Petersburg: M/V LeConte arrives at unmanned terminal
The state ferry LeConte normally receives little attention when compared to its bigger sisters, but no one expected the greeting - or, rather, the lack of one - on April 17 in Little Norway.

Teen arrested in baby's death
A 16-year-old boy from Ketchikan was held without bail Sunday after being charged with first-degree murder in the death of a 6-week-old baby.

Bill changes attendance for 1st-graders
A bill that makes some 6-year-olds comply with the same compulsory attendance requirements as older students passed the House on Friday.The bill also includes a measure to require high school students to take a semester of Alaska history to graduate. But that requirement may doom the measure when it reaches the Senate, one lawmaker said.

Sitka: Sitka High students OK after van rollover
A van in which seven Sitka High School students and their chaperone were riding last weekend slid off the road and rolled over. No one was seriously hurt.

Ketchikan: Charter school move considered
The Ketchikan School District is considering moving the Ketchikan Charter School into Valley Park Elementary School. Superintendent Harry Martin said last

State: This year's quotas for king salmon are the highest in many years
This year's commercial and sport quotas for king salmon in Southeast are the highest in many years, state officials said.The state Department of Fish and Game announced Friday that the all-gear quota of non-hatchery kings will be 356,464. Last year's quota was 190,000 kings.

Official pledges help for vets
The man in charge of federal veterans programs wants to give Alaska veterans access to federal or state veterans homes.

Unseasonably cold April keeps ice thick on the Nenana
FAIRBANKS - Bad news for people who bought April guesses in the Nenana Ice Classic: The Tanana River is showing no sign of budging. Breakup on the Tanana River is expected to occur later than usual this year and the jackpot is expected to be smaller for the Ice Classic, the annual guessing game for the Tanana River breakup.

Russians come to Alaska to learn about free-market health care
Ten health care professionals from the Russian Far East are coming to Anchorage next month to learn more about how to provide health care in a market economy.

Senate gives nod to budget
The Senate approved a budget on Friday that cuts virtually every state agency in response to a looming fiscal deficit.But the plan includes more money for per-pupil spending on K-12 education, would keep state parks open and minimize layoffs for Alaska State Troopers.

Private prison amendments fail
An attempt to scale back the size of a private prison in Whittier and expand state prisons elsewhere failed Friday.

Haines: Fire destroys Small Tracts shop
A fire that destroyed a Small Tracts Road shop April 13 apparently started from sparks from a workman's grinder that ignited fiberglassing chemicals.

Military drills
USS Abraham Lincoln crew members direct an F-14D Tomcat into position Thursday on one of the nuclear-powered carrier's four steam catapults. The flight operations in the Gulf of Alaska were part of annual Northern Edge military exercises.

State Briefs
Knowles names security chief; Locals win awards as volunteers; Fish trade comment deadline approaches; Meet ice rink candidates Tuesday; Anchorage man shot dead Friday

Bill's critics: Elders to lose housing, many to lose welfare
A proposal that temporarily could throw thousands of the state's poor off of welfare drew heated and emotional testimony at a House State Affairs Committee on Saturday.

Anchorage woman dies in car crash
An Anchorage woman died after her car rolled on a busy west side street Saturday night. Anchorage police said the woman, Lisa J. Taylor, was ejected from the car after she apparently lost control and the car rolled several times.

Financial proposals make no headway
House lawmakers and Gov. Tony Knowles were unable to break the impasse over tax proposals aimed at the state's deficit during a weekend meeting.

Fiscal plan at risk due to tax breaks for gas?
Fairbanks Rep. Jim Whitaker says the powerful co-chairman of the House Finance Committee threatened to kill a state fiscal plan and punish Fairbanks because of Whitaker's push to transform a bill that offers tax breaks for a natural gas pipeline.

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Kluane-Chilkat bike relay starts Saturday

Posted: Friday, June 15, 2001

HAINES JUNCTION, Yukon Territory -- Nearly 1,100 cyclists, including some 300 to 400 from Southeast Alaska, will hit the Haines Highway on Saturday for the Ninth Annual Kluane-Chilkat International Bike Relay.

The relay race starts here at 8:30 a.m. Yukon time (7:30 a.m. Alaska time) for solo, two-person and four-person teams, with eight-person teams starting at 9 a.m. The race follows the Haines Highway through Kluane National Park, Tatshenshini/Alsek Provincial Park and the Chilkat Bald Eagle Preserve before ending 147.8 miles later in Haines, Alaska.

This year's race features 1,070 riders, as of earlier this week (racers can register through tonight), with about 186 teams, race coordinator Sue Meikle said. She said there were 102 eight-person teams registered, 69 four-person teams, 11 two-person teams and four solo riders. The race is capped at 1,200 riders, a total that has only been hit once, during a bad-weather race about three years ago that Meikle said may have scared a few racers off. Last year's race had 1,103 riders, which is about where Meikle thought this year's total will end up after last-minute team changes are announced.

"The number of four-person teams is increasing," said Meikle, who is based out of Whitehorse. "We now have almost as many teams as we had riders when we first started. We started in 1993 with 200 to 250 riders."

The four solo riders are Ryan Madley of Haines Junction, Michael Barton of Whitehorse, and just this week the Juneau couple of Janice and Steve Tower both registered as solo racers. Meikle said there were 29 teams from Juneau-Douglas, two teams from Sitka, five teams from Haines and 10 teams from Skagway registered so far.

Dave Ringle of the Juneau Freewheelers Bicycle Club said two Juneau riders, Skip Elliott and Dan Fremgen, are the only local riders who have competed in every one of the relays.

Over the years, Juneau riders have done well in the race with the team of Juneau's Dan Graves, Julie Graves and Tony Jacobsen setting the 1997 course record of 6 hours, 15 minutes, 47 seconds. The Graves-Graves-Jacobsen team isn't entered this year as Julie Graves continues to recover from a near-fatal hang glider accident last fall (she is back riding her bike, but needs to rebuild her strength and conditioning, Ringle said).

Last year's race was won in 7:28:18 by the Sitka team called Yellow Jersey Cyclists (Tim Revalee, Dan Kelliher, Brett Peters and Gary Smith), but that team will not have the same configuration this year. Last year's runner-up team, Le Velo Bleu of Whitehorse, included the three riders who won two years ago under the name Lost Amigos (Le Velo Bleu had four riders).

"The defending champs won't be back this year because one or two of them are climbing Mount McKinley," Ringle said. "I heard Dan Kelliher is on a two-person team, so that should still be a tough team."

Ringle said a couple of teams to watch include the Sprocket Rockets of Juneau (Doug Woodby, Chris Scholes, Dave Pusich and Eric Olsen) and Team Rotary International of Juneau (John McConnochie, Scott Fischer, 18-year-old Danish exchange student Martin Strange and his father Max Strange). Ringle's team includes Terry Ward and former Juneau residents Jim and Janice Sheufelt, who now live in Yakima, Wash.

"The weather in Juneau for training this year has been terrible," Ringle said. "So many riders are just now getting into form. Who knows?"

While some riders enter the relay for the race aspect of the event, for many riders the race is as much a social gathering as it is a competition. The legs are within the grasp of most recreational cyclists, ranging from just 12 miles long (the first leg, which has the most hillclimbing) to about 25 miles long, with most of them in the 14-20 mile range.

"Legs three and four are both fairly tough, while legs seven and eight are all downhill," Meikle said. "But if the wind is pretty bad they can be rough, like last year."

There is some ongoing road construction along the Haines Highway, and Ringle and Meikle both suggested riders doing Leg Seven might want to have access to a mountain bike for part of the leg. Meikle said the construction company will not be working on the road Saturday and has agreed to pull its vehicles off the main road for the cyclists.

Charles Bingham can be reached at cbingham@juneauempire.com.

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