Monday, December 31, 2012

The Truth About Hypnosis | Self Development Thoughts

Posted on 30th December 2012 in Hypnosis

?There are so many people out there who have so many misconceptions about hypnosis, and it is really time that someone got the truth out and helped people to learn what hypnosis is really all about and why they should not be scared about self hypnosis or any other type for that matter.

The Misconceptions About Hypnosis

The reason why many people seem to have misconceptions about hypnosis is largely due to the way it has been portrayed in various forms of the media. You may have seen the much stereotyped depiction of hypnosis on television or in the movies, complete with the tall hat and the swinging watch. Stage hypnotists and some magicians add to this image by making spectators do things, apparently against their will. Even though this is far from the truth ? you can be hypnotised only if you are willing at some level to go through the experience. If you are made to do something completely against your will or against your innate values, the protection mechanism in your subconscious (or unconscious) mind kicks in and you will wake up immediately.

Hypnosis ? The Real Story

Hypnosis, especially hypnotherapy, is an approach that can be used in a variety of different situations. The subject or the patient?s experience can vary quite significantly depending on a number of factors ? like their suggestibility, the skill of the hypnotist, how committed the subject is to the targeted change, and so on. It is important for the subjects to take the approach seriously. Or they may just be wasting their time.

Nowadays, hypnosis is used for the treatment or mitigation of a number of health conditions from cancer to dementia. It can also be used to reduce a number of physical symptoms such as pain in cancer patients. It has been used to replace anaesthesia by some dentists. It also has tremendous value in treating conditions like anxiety, panic attacks and phobias. It can also be used in tackling social issues like stage fright, social anxiety and also to improve self confidence & self esteem.

Almost everyone can be hypnotized, although there are people out there who think that they would be able to keep themselves from getting hypnotized. In fact one study shows that pre-adolescent children are in a state of waking trance 60 to 70% of the time. ?This is the time when they learn the maximum from their environment and their personalities get established.

If you learn how to do self hypnosis, there are a number of benefits that you can get out of this experience.

If you choose hypnotherapy as an approach to tackling some of your problems, it is important that you approach a good hypnotherapist preferably with some experience in handling your specific problem. Though it is very unlikely that hypnosis can do you any harm, you may not get the results that you are looking for if you work with a not-so-competent hypnotherapist. Hypnosis is a powerful tool in the hands of an expert and can give you tremendous benefits and perhaps even change your whole life for the better.

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Source: http://www.selfdevelopmentthoughts.com/hypnosis-3/the-truth-about-hypnosis-7136730/

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Sustainable business innovation adds firms' market value ...

This graph shows that sustainable business practices and business success go hand in hand. Credit: Seppo Junnila Sustainable business innovation is good business; researchers from Aalto University, Finland have proved. The researchers tested how sustainability business innovations and the market value of companies in the construction sector are connected. The...


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Constantine Alexander's Blog was launched to share with you international wildlife news, exciting environmental research activities, political action or inaction, and what each of us can do to ensure that the wisdom of nature endures for the benefit of us all as we are mere caretakers of nature for future generations of all species which have a right to thrive in and contribute to a healthy and beautiful world.

Source: http://sierraactivist.org/2012/12/30/sustainable-business-innovation-adds-firms-market-value/?utm_source=rss&utm_medium=rss&utm_campaign=sustainable-business-innovation-adds-firms-market-value

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Green ideas shaping the future of renewable energy

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Source: http://www.fwi.co.uk/Articles/2012/12/30/136737/green-ideas-shaping-the-future-of-renewable-energy.html

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Sunday, December 30, 2012

A 'Losing' Battle On Childhood Obesity? | Your Health Journal

From Your Health Journal?..?I visit the Metro West Daily News on a regular basis, as it is one of those local papers that frequently has some great health stories. Please visit their web site (link below) to view many great articles, including the one being reviewed here today. Yesterday, I discussed how childhood obesity is declining in some demographics, but not a reason to jump for joy yet, as it is improvements in isolated areas of the United States. In today?s article, it asks a question I brought up yesterday about what caused some areas of the US to have a decline in childhood obesity ? what EXACTLY did those areas do to have success. In the town of Northborough, they have had some success lowing the BMI scores of many students. A child?s BMI (Body Mass Index) is determined by age, gender, height and weight. An age and gender percentile categorizes children?s BMI as underweight, healthy, overweight or obese. This is a town trying to make a difference, and should be commended for their hard work helping children lead healthier lifestyles. To find out more about their success, please visit the Metro West Daily News site to read the complete article. Happy new year everyone!?

From the article?..

National efforts are being made to reduce the prevalence of childhood obesity, but little data is available to guide towns on what works and what doesn?t.

Northborough, however, has become a regional model for fostering healthier generations, and now several cities and towns are following suit in hopes of achieving similar results.

Since its ?Building A Healthier Northborough? initiative began in 2009, there has been a substantial decline in the town?s percentage of overweight and obese youths in grades one, four, seven and 10, according to body-mass-index (BMI) data submitted to the Massachusetts Department of Public Health (DPH).

A child?s BMI is determined by age, gender, height and weight. An age and gender percentile categorizes children?s BMI as underweight, healthy, overweight or obese.

BMI for age percentiles greater than or equal to the 85th percentile but less than the 95th percentile are considered overweight. When a child?s BMI for age percentile is equal to or greater than the 95th percentile, the child is considered obese.

Northborough saw a 20-percent decrease in the percentage of overweight and obese youths in surveyed grades between 2009 and 2011, according to the DPH?s 2011 report of the Status of Childhood Weight in Massachusetts.

Northborough Program Coordinator Tamara Calise, of the JSI Research and Training Institute, said a small work group comprised of members from a number of town departments made it possible to coordinate anti-obesity efforts.

The town planner created bylaws to promote more walking around Northborough and members of Youth and Family Services used their connections with the schools to move recess times and create guidelines that ask teachers not to give out candy as a reward or hold a child out of recess as punishment for bad behavior, Calise said.

Calise has now taken on the role of project coordinator for the MetroWest Moves partnership, which was started earlier this year and includes Framingham, Hudson and Marlborough. The latter two communities have some of the highest percentages of overweight and obese youth in the region.

To read the full article?..Click here

Source: http://www.lensaunders.com/wp/?p=11080

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Pakistan official says 17 killed in suicide attack on Shiite pilgrims in southwest

QUETTA, Pakistan - A government official says a suicide bomber driving a vehicle packed with explosives rammed into a bus carrying Shiite Muslim pilgrims in southwest Pakistan, killing 17 people.

Tufail Ahmed says over 20 people were wounded in the attack Sunday in Baluchistan province's Mastung district.

The blast completely destroyed the bus that was hit and damaged a second bus carrying Shiites that was close by.

An eyewitness who was travelling in the second bus told Geo TV that the pilgrims were headed to neighbouring Iran, a majority Shiite country that is a popular religious tourism destination. The eyewitness did not provide his name.

Pakistan has experienced a spike in killings over the last year by radical Sunni Muslims targeting Shiites who they consider heretics, especially in Baluchistan.

Source: http://news.yahoo.com/pakistan-official-says-17-killed-suicide-attack-shiite-072012905.html

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Kentucky vs. Louisville: Twitter Reaction, Postgame Recap and Analysis

The No. 4 Louisville Cardinals weathered serious foul trouble and a furious comeback by their arch rival Kentucky Wildcats to pull out a 80-77 home victory on Saturday in the Battle for the Bluegrass.

Rick Pitino?s team avoided a fifth consecutive defeat at the hands of John Calipari?s defending national champions and avenged last season?s Final Four loss to Big Blue.

The dynamic, experienced Cardinals backcourt of Russ Smith and Peyton Siva scored 21 and 19 points respectively, rising to the occasion as expected. But it was forward Chane Behanan who played biggest early on to give Louisville what proved

From KINGDOM INSIGHT: http://bleacherreport.com/articles/1461819-kentucky-vs-louisville-twitter-reaction-postgame-recap-and-analysis Visit Kingdom Inc for all your audio/visual needs Join the Discussion

Source: http://twittertemplates.net/2012/12/kentucky-vs-louisville-twitter-reaction-postgame-recap-and-analysis/

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Saturday, December 29, 2012

Tale of 2 cities: Homicides drop in NYC, leap in Chicago

By M. Alex Johnson, NBC News

Scott Olson / Getty Images

Chicago Mayor Rahm Emanuel, pictured at a flag-raising ceremony at the Chicago Police Academy in October, said this month that "we will not rest" until Chicago's growing homicide rate is reversed.

New York Mayor Michael Bloomberg was crowing.

"The number of murders this year will be lower than any time in recorded city history," Bloomberg said Friday in a statement announcing that homicides in the city this year had fallen to 414 ? the fewest since it started keeping such statistics in 1963.

About the same time Friday, Chicago police were trying to get the message out that their city hadn't actually recorded its 500th homicide this year, as was being reported. A few hours later, they had to backtrack and acknowledge that, yes, in fact, "the city has seen its 500th homicide for 2012."

That's right: There were more homicides this year in Chicago than in New York, a city with three times the population. That means Chicagoans were proportionally 3.7 times more likely to be homicide victims than New Yorkers were in 2012:


Overall, crime is down in Chicago in just about every category ? except the most devastating one.

"We've obviously seen, as a city, our shootings and our homicides going in a different direction," Mayor Rahm Emanuel said this month at a graduation ceremony for police recruits, vowing, "We will not rest" until that trend is reversed.

Grim milestone: Chicago records 500th homicide of 2012

Meanwhile, in New York, "we're preventing crimes before someone is killed," Police Commissioner Ray Kelly said Friday.

New York didn't just reduce homicides ? it reduced them by 19.6 percent. And Chicago didn't just have more homicides ? it had 15.6 percent more.

Both figures are extraordinary. Last year, homicides fell by about 4 percent in New York, exactly in line with other U.S. cities with populations greater than 1 million, according to FBI figures. They fell in Chicago by just less than three-quarters of 1 percent.

While there's always the chance that the changes are just statistical flukes, two concrete factors appear to be at least partly responsible: money and priorities.

New York's police budget held steady in fiscal 2012, at about $4.6 billion.

Emanuel, facing a $300 million budget deficit, by contrast cut $67 million from the $1.3 billion police budget ? a 5 percent reduction that was down from his original proposal to cut police funding by 15 percent.

While Emanuel and Chicago Police Superintendent Garry?McCarthy said the cuts would help the police department become more efficient, Jens Ludwig, a criminal justice expert at the University of Chicago, said it was difficult "to think that you could have budget cuts like these and have no impact on crime and other aspects of public life."

Watch US News crime videos on NBCNews.com

"I have been really surprised at how little attention the local and state budget situation has received in discussions about the Chicago violence problem," Ludwig told NBC News on Friday.

The other factor is commitment, Ludwig said.?

"New York City seems to be exceptionally focused on getting illegal guns off the street," he said.

Ludwig drew an analogy to prosecution of drunken driving.

At one time, the official attitude was that "if the driver is lucky enough not to hurt anyone, it's no big deal," he said. "But (eventually) we started to realize drunk driving imposes probabilistic harm, and so we started to punish the risky behavior rather than focus on the luck of the draw about whether anyone happened to get hurt.

"New York City has taken that idea seriously for illegal gun carrying, recognizing that illegal guns on the street greatly increase the risk that an argument turns into a murder," he said.

Kelly, the New York police commissioner, stressed that point Friday, saying his officers had taken 8,000 weapons "out of the hands of people we stop, 800 of them illegal handguns."?

"We're preventing crimes before someone is killed and before someone else has to go to prison for murder or other serious crimes," he said.

New York City homicides, shootings at modern record lows

Bloomberg made a similar point, singling out what he called the city's renewed commitment to Operation Impact, a 2003 state initiative that pairs new police recruits with veteran officers in specific high-crime areas. The city's participation "reflects our commitment to doing everything possible to stop gun violence," he said.

Left unmentioned was the city's controversial stop-and-frisk policy, which allows officers to search someone as he or she exits a private building if they have a "reasonable suspicion" that the person is likely to commit a crime.

"I think there is some empirical basis to think that all those hundreds and thousands of stops and searches for illegal guns helps keep guns off the street and contributes to a lower homicide rate," Ludwig said.

But the policy is under legal challenge from civil liberties groups, which contend that police use it as a pretext to stop and search people without cause ? the great majority of them members of minority groups.

According to an analysis of raw arrest statistics by the nonprofit Center for Constitutional Rights, which opposes the policy, 84 percent of the 686,000 people stopped and searched in 2011 were African-American or Latino. Only 6 percent of the stops resulted in an arrest. And in only 2 percent of stops were illegal weapons or other contraband actually found.

Read the full report (.pdf)

Statistics like that make it worth asking "whether stop and frisk is worth the cost," Ludwig said. "All the stops come disproportionately to young, minority males."?

A trial date is set for March. In the meantime, Bloomberg said Friday, New York remains "the safest big city in America."

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Source: http://usnews.nbcnews.com/_news/2012/12/29/16218098-tale-of-two-cities-homicides-plummet-in-new-york-leap-in-chicago?lite

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2013 Forecast ? Tis The Season To Drink & Own Coffee -- MrSwing

Coffee prices have fallen more than 50% since 2010 which can be seen through the coffee exchange traded fund symbol: JO. This investment seeks to replicate the returns that are potentially available through an unleveraged investment in coffee futures contracts as well as the rate of interest that could be earned on cash collateral invested in specified Treasury Bills.

Weekly, Hourly and Seasonal chart of JO Coffee Exchange Traded Fund

The top weekly chart shows my price targets for 2013 while the lower hourly chart shows strong on balance volume meaning big money is slowly building a long position in coffee. The small white chart is the seasonal chart of coffee futures showing prices historically rise from Jan? ? March, then a correction followed by another rally in to May.

Coffee prices are still in a down trend but it looks as though the end is near and if played properly it could provide up to 100% return on your capital in 2013.

Dec28JO

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Coffee Futures Monthly Long Term Chart

This chart gives you a bird?s eye view on where coffee prices are trading in the big picture scheme of things.

CoffeeLongTermMonthly

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JO Coffee ETF VS. SBUX Starbucks Share Price:

Lower coffee bean prices has helped lift share prices of coffee companies like Starbucks: SBUX, Coffee Holdings Co.: JVA, Coffee Roasters Inc.: GMCR, and PEET?s Coffee: PEET. But cheap coffee may not be around that much longer and the lower earnings for coffee brewers may be closer than most may think.

Follow my Live Trading Charts Here Free: https://stockcharts.com/public/1992897

CoffeeBrewer

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2013 Caffeine Conclusion:

In short, I have been watching coffee prices for a bottoming pattern for months and I now feel it is getting really close to a bottom and it could be a great trade and investment in the new year. As for companies like Starbucks it will likely not have much of an affect on the bottom line until the second half of the year though it is something to keep an eye on during earning seasons.

If you want my trading and investing ideas each week along with trade alerts for ideas like this then join my newsletter today: http://www.TheGoldAndOilGuy.com

Chris Vermeulen

Source: http://www.mrswing.com/articles/Forecast_Tis_The_Season_To_Drink_Own_Coffee.html

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Indian rape victim, whose attack sparked massive protest, dies (Americablog)

Share With Friends: Share on FacebookTweet ThisPost to Google-BuzzSend on GmailPost to Linked-InSubscribe to This Feed | Rss To Twitter | Politics - Top Stories Stories, News Feeds and News via Feedzilla.

Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/273788092?client_source=feed&format=rss

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Friday, December 28, 2012

No ethics breaches found in Countrywide VIP loans

WASHINGTON (AP) ? The House Ethics Committee says it found no violations by House members whose mortgage loans went through the VIP section of the former Countrywide Financial Corp.

The committee said nearly all the allegations involved loans that were granted so long ago that they fell outside the panel's jurisdiction. The committee added that participation in the VIP program did not necessarily mean borrowers received the best financial deal available.

The committee said that it was concerned with the actions of House staff members who may have reached out to Countrywide lobbyists for assistance with their personal loans.

The report said that if these staff loans had been more recent, there may have been disciplinary action.

Countrywide was taken over by Bank of America in 2008.

Source: http://news.yahoo.com/no-ethics-breaches-found-countrywide-vip-loans-225602331--politics.html

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Yes Virginia, sooner or later we will all be paying more taxes ...

My previous post dealt with two ?surprise? taxes buried in the new Affordable Care Act regulations.? And for the past year, observers have been listing the plethora of new taxes scheduled to take affect in 2013, fiscal cliff or no fiscal cliff.

But that isn?t the whole story.? Far from it, in fact.

All that you need in order to understand what I?m about to explain, is a little math.

Ready?

Since the end of WWII, total annual Federal tax revenues have stayed at around 18% ? 19% of annual GDP.? That includes the years where the top marginal income tax rate exceeded 90% of adjusted gross income. ? During the same period, the Federal government has spent an average of 18% ? 20% of annual GDP.? This includes both the Cold War years, where defense spending alone often exceeded 10% of annual GDP, and the post-Great Society years, where entitlement spending routinely exceeded 50% of the total Federal budget.

The result was a rough balance between receipts and outlays, with a manageable annual deficit of around 1% ? 2% of annual GDP.? But the Obama Administration has significantly altered the former status quo.? Federal tax revenue for 2012 is projected to be around $2.47 trillion, or roughly 17% of projected GDP.? Meanwhile, Federal spending for 2012 comes in at around $3.7 trillion, or roughly 24% of projected GDP.? The Obama Administration originally justified drastically increased spending as a remedy for the ailing post housing bubble economy.? But the inflated spending of 2008 ? 2009 has become the new budget baseline, with annual Federal government spending projected to rise to $4 trillion and beyond, in the next decade.

Of course this creates an enormous problem ? massive annual budget deficits in excess of $1 trillion.? We can?t continue to borrow this amount of money indefinitely.? The revenue from tax increases already slated for 2013 and beyond will be largely consumed by the Federal government?s take-over of the health care industry.? And even if income tax rates are increased for ?the rich,? the revenue raised from these increases will be insignificant compared to the size of our projected annual budget deficits.

So how will the government close the massive 5% ? 7% gap (relative to GDP) between Federal outlays and receipts?? Right now, it seems unlikely that the Federal government will voluntarily reduce spending back to a level that corresponds with 20% of annual GDP.? Another option would be solid economic growth that would rapidly expand our annual GDP and reduce the current Federal spending level back to the 20% range.? But our current anemic rate of economic growth, combined with Obama Administration rhetoric and policies focused on denigrating and punishing successful investors and businesses, makes such a scenario seem like nothing more than wishful thinking.

The remaining option, and obviously the most appealing route for money and power-hungry government officials, is tax increases.? But don?t look for them to be in the form of hikes in traditional income tax rates.? The current arguments over income taxes are nothing more than a smoke screen, a distraction that is easy fodder for pundits, bureaucrats, and Facebook meme-spreaders.? Right now, behind closed doors, DC power players are planning the real taxation strategy: various cleverly packaged tax increases that will affect all tax payers, and that can be sold to a gullible public through arguments about fairness and equality.

The primary tools for drastically increasing tax revenue will certainly include the elimination of significant existing tax exemptions and deductions.? One such item already being targeted is employee health care benefits, which are currently exempted from taxable income:

Workers pay no income or payroll taxes on what their employer contributes for health insurance, and in most cases on their own share of premiums as well.

It?s the single biggest tax break the government allows, outstripping the mortgage interest deduction, the deduction for charitable giving and other better-known benefits. If the value of job-based health insurance were taxed like regular income, it would raise nearly $150 billion in 2013, according to congressional estimates. By comparison, wiping away the mortgage interest deduction would bring in only about $90 billion.

?If you are looking to raise revenue to pay for tax reform, that is the biggest pot of money of all,? said Martin Sullivan, chief economist with Tax Analysts, a nonpartisan publisher of tax information.

Another area of interest involves the IRA, 401(k), and 403(b) tax-deferred retirement savings plans.? Pundits have already noted that these plans add a ?tax expenditure? to existing tax revenue streams that amounts to around $240 billion per year.? A recent study of Denmark?s similar tax-deferred retirement savings plan found that total retirement savings increased by only 1% of the total money given in government tax breaks.? Conclusion: these tax deferments are a huge waste of much-needed money.? And the class warfare argument is also taking shape.? According to the Tax Policy Center, most of the substantial savings available with tax-deferred retirement savings plans are enjoyed only by the top 20% of wage earners.

We should expect to see this issue discussed more frequently in the coming months, with an emphasis restricting or eliminating tax-deferred contributions (particularly for high income earners) or taxing annual growth in retirement accounts as regular income.

There is also another option, favored by an increasing number of DC bureaucrats ? abolishing tax deferred retirement plans, and replacing them with a government-managed retirement plan funded by mandatory contributions from all wage-earners.? New School for Social Research professor of economics Teresa Ghilarducci has already discussed how such a scheme might work:

  • The Federal government sets up a retirement account for all working Americans
  • Funds from workers? existing retirement accounts ? IRA?s, 401(k)?s, 403(b)?s, etc. ? are transferred to these new accounts and converted into Treasury bonds
  • Workers will be required to make a mandatory contribution (say, 5%) to these accounts from each paycheck, with the money converted into Treasury bonds yielding 3% interest plus an adjustment for inflation
  • In lieu of the tax savings realized from traditional tax deferred retirement plan contributions, workers will receive an annual tax credit (say, $600)
  • Upon retirement, workers will receive a monthly payout from this retirement account in addition to Social Security

If you?re scratching your head right now, you should be.? What you just read is a plan to convert real money ? your money ? into government IOU?s, camouflaged by the notion that you are investing in a kind of government-managed annuity.? We should all keep a very close eye on this scheme, because with over $10 trillion currently invested in IRA?s, 401(k)?s, and other tax deferred retirement accounts, the temptation for the Federal government to raid our retirement piggy banks is simply too great.

Finally, we should expect a renewed discussion of the Value Added Tax (VAT).? Put simply, the VAT is an incremental tax, levied in stages on a product, based on formulas that derive the amount of ?value? added to the product (or its components) at each stage of production.? The VAT is figured into the wholesale cost of materials or products at each stage of production, with manufacturers or distributors each paying the tax corresponding to the value that they have added, minus an allowance for the VAT already paid by entities who have previously handled the products or materials.? When the product is offered for retail sale, its price reflects the cost of the VAT that has been added.? Ideally, VAT rates are adjusted so that the final cost of the product including the VAT will be equivalent to the cost of the same product plus a traditional retail sales tax.

Proponents of the VAT argue that since it has very few exemptions and is calculated in a very straight-forward manner, the VAT is a much simpler and far more lucrative revenue tool than traditional sales or income taxes.? But the VAT can only be a preferable alternative to retail sales taxes if it is offered in their place.? Would a new Federal VAT replace existing sales taxes?? Probably not, since most of our existing sales taxes are levied by state and local governments to help fund their respective costs.? Nor would it replace income taxes.? Economist Robert Samuelson believes that a Federal VAT simply isn?t feasible without corresponding Federal spending cuts:

Applied to all consumption spending?about 70 percent of GDP?the required VAT rate would equal about 8 percent. But the actual increase might be closer to 16 percent because there would be huge pressures to exempt groceries, rent and housing, health care, education, and charitable groups. Together, they?re nearly half of the $10 trillion of consumer spending. There would also be other upward (and more technical) pressures on the VAT rate.

Does anyone believe that Americans wouldn?t notice 16 percent price increases for cars, televisions, airfares, gasoline?and much more?even if phased in? As for a VAT?s claimed benefits (simplicity, promotion of investment), these depend on a VAT replacing the present complex income tax that discriminates against investment. That?s unlikely; the needed VAT rates would be implausibly steep. Chances are, we?d pay both.

Higher consumer prices from the VAT could also slow the economy. The Federal Reserve would face policy dilemmas. If it tried to prevent businesses from passing the tax along to consumers, it would have to raise interest rates and risk a recession. If it tried to blunt the effect of higher prices on spending, its easy-credit policy might trigger a new wage-price spiral.

? A VAT might be the least bad tax, though my preference is for energy taxes. But what?s wrong with the simplistic VAT advocacy is that it deemphasizes spending cuts. The consequences would be unnecessarily high taxes that would weaken the economy and discriminate against the young. It would become harder for families to raise children. VAT enthusiasts need to answer two questions: What government spending would you cut first? And how high would your VAT rates go?

Even if we succeed in balancing future Federal budgets with additional tax revenues, we will be living in a very different nation; a nation with a vastly expanded Federal government that consumes 25 cents out of every dollar that its economy creates.? In other words, a nation with a noticeably diminished private sector, and thanks to ever-increasing regulation, a nation with significantly diminished liberties.? Despite the attempts by big-government supporters to dismiss these changes, I believe that an increasing number of Americans will begin to grasp their significance, once they have become noticeably impacted by the government?s encroachment on their lives.? The road ahead looks like a very difficult and costly one for the American taxpayer.

Shortlink:

Source: http://wizbangblog.com/2012/12/28/yes-virginia-sooner-or-later-we-will-all-be-paying-more-taxes/

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Jay Chou raps about a corrupt eunuch

TAIPEI, Taiwan (AP) ? Taiwan's pop king Jay Chou has played roles as varied as superhero, vampire and cowboy. So his latest album about an influential but corrupt court eunuch may not sound all that odd to his fans.

In "Gong Gong with A Headache" released Thursday, Chou raps about the eunuch who has a secret passion for women but "must not touch them." ''Gong Gong" is a name for court eunuchs in China.

In the music video, Chou dances stiffly like a zombie to the tune of hip hop, dressed in satin imperial court costume.

The singer also wrote the song. He says he was inspired by the popular drama series "The Legend of Zhen Huan" and other court dramas that have captivated audiences in China and Taiwan.

Source: http://news.yahoo.com/jay-chou-raps-corrupt-eunuch-082934521.html

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Ex-President George H.W. Bush in intensive care

FILE - In a Tuesday, June 12, 2012 file photo, former President George H.W. Bush, and his wife, former first lady Barbara Bush, arrive for the premiere of HBO's new documentary on his life near the family compound in Kennebunkport, Maine. Bush spokesman Jim McGrath said Wednesday, Dec. 26. 2012 that doctors at the Houston hospital where Bush has been treated for a month remain ?cautiously optimistic? that he will recover. Still, no discharge date has been set, and McGrath says that doctors are being cautious because at Bush?s age ?sometimes issues crop up that are beyond anybody?s ability to discern or foretell.?(AP Photo/Charles Krupa, File)

FILE - In a Tuesday, June 12, 2012 file photo, former President George H.W. Bush, and his wife, former first lady Barbara Bush, arrive for the premiere of HBO's new documentary on his life near the family compound in Kennebunkport, Maine. Bush spokesman Jim McGrath said Wednesday, Dec. 26. 2012 that doctors at the Houston hospital where Bush has been treated for a month remain ?cautiously optimistic? that he will recover. Still, no discharge date has been set, and McGrath says that doctors are being cautious because at Bush?s age ?sometimes issues crop up that are beyond anybody?s ability to discern or foretell.?(AP Photo/Charles Krupa, File)

HOUSTON (AP) ? Former President George H.W. Bush remained in guarded condition overnight in the intensive care unit at a Houston hospital after a day marked by "a series of setbacks including persistent fever," according to his spokesman.

In a brief email Wednesday, Jim McGrath, Bush's spokesman in Houston, said the 88-year-old former leader had been admitted Sunday to the ICU at Methodist Hospital. McGrath said Bush, the oldest living former U.S. president, was alert and talking to medical staff, adding that doctors are cautiously optimistic about his treatment.

No other details were released about his medical condition, but McGrath said Bush is surrounded by family.

Bush has been hospitalized since Nov. 23, when he was admitted for a lingering cough related to bronchitis after having been in and out of the hospital for complications related to the illness.

Earlier Wednesday, McGrath said, a fever that kept Bush in the hospital over Christmas had gotten worse and that doctors had put him on a liquids-only diet.

"It's an elevated fever, so it's actually gone up in the last day or two," McGrath told The Associated Press. "It's a stubborn fever that won't go away."

But he said the cough that initially brought Bush to the hospital has improved.

Bush was visited on Christmas by his wife, Barbara, his son, Neil, and Neil's wife, Maria, and a grandson, McGrath said. Bush's daughter, Dorothy, was expected to arrive Wednesday in Houston from Bethesda, Md. The 41st president has also been visited twice by his sons, George W. Bush, the 43rd president, and Jeb Bush, the former governor of Florida.

Bush and his wife live in Houston during the winter and spend their summers at a home in Kennebunkport, Maine.

The former president was a naval aviator in World War II ? at one point the youngest in the Navy ? and was shot down over the Pacific. He achieved notoriety in retirement for skydiving on at least three of his birthdays since leaving the White House in 1992.

___

Plushnick-Masti can be followed on Twitter at https://twitter.com/RamitMastiAP

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/3d281c11a96b4ad082fe88aa0db04305/Article_2012-12-27-Bush%20Hospitalized/id-aff3ed8e2be6483eb8e37df27f913e93

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Air Bagan survivors tell of terrifying landing

YANGON, Myanmar (AP) ? Survivors of a Christmas Day crash-landing of an airliner in Myanmar told terrifying tales of escape Wednesday as carrier Air Bagan apologized for what it called the worst accident since it started flying in 2004.

Details of the crash remain unclear but airline officials told a news conference Wednesday that they found the plane's two black boxes and were investigating what went wrong. So far, officials have blamed heavy fog for the aircraft's crash into a rice paddy field where it burst into flames. Two died and 11 were injured, including four foreigners.

The Fokker 100 jet was 21 years old but passed inspections at annual renewals of its air worthiness certificate, the officials said. On Tuesday, it was carrying 71 people, including 48 foreigners, from the city of Yangon via Mandalay to Heho airport, which is the gateway to the popular tourist destination Inle Lake.

"We felt the first bump, then a few big bumps and then (started) sliding very fast," said 31-year-old Australian advertising executive Anna Bartsch. Her boyfriend, Stuart Benson, described the landing like "a roller coaster" ride.

The plane came to a stop and they felt relief ? then panic.

"In my window I saw the flames, and it was hot and we knew straight away we didn't have much time to get out," Bartsch said during an interview at a Yangon hotel where the airline lodged passengers after evacuating them from the scene.

Passengers rushed up the aisle to the front door, which was initially stuck shut, she said.

"We didn't know then that the wings had come off," Bartsch said.

The door was quickly forced open and passengers raced from the plane, some in shock and some suffering smoke inhalation, she said. Once on safe ground, Bartsch said she saw the pilot and co-pilot with bloodied faces and other people with serious burns.

"It's amazing that the injuries were not more serious," she said. "It could have been much worse."

A flight attendant told reporters Wednesday that the crew realized something was wrong only when the plane hit the ground.

"We shouted, 'This is an emergency'," said flight attendant Khaing Su Naing, adding that despite one of the two doors initially getting stuck the crew evacuated the plane 90 seconds after it stopped moving.

The accident has raised concerns about the safety standards of Myanmar's overburdened airlines as foreign visitors have flocked to the Southeast Asian country which is emerging from a half-century of military rule.

Air Bagan is one of a half dozen private airlines that fly domestic routes in Myanmar. After one plane was destroyed in Tuesday's crash its fleet now consists of five planes, including four ATR turboprops and another Fokker 100, which is no longer made.

"We deeply apologize to all our passengers and to their family members," the airline's managing director Htoo Thet Htwe told the news conference. All passengers were paid $2,300, he said.

"This is the most serious accident Air Bagan has ever had," he said. In 2008, one of its planes overshot a provincial airport's runway, spun out of control and crashed, causing the wings and tail to snap off. Many passengers were injured but none died.

Air Bagan has said "the plane hit electrical cables about a mile (1.6 kilometers) from Heho airport as it descended and landed in rice fields."

The Information Ministry said the pilot mistook a road near the airport for the runway before stopping in a nearby rice paddy. It was unclear if the plane made its crash landing on the road or the rice field.

All fatalities were Myanmar citizens, including a man riding a motorcycle where the plane came down and a tour guide aboard the plane. There were earlier reports of an 11-year-old child also among the dead.

___

Associated Press writer Jocelyn Gecker contributed to this report from Bangkok.

Source: http://news.yahoo.com/air-bagan-survivors-tell-terrifying-landing-141618661.html

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Thursday, December 27, 2012

How Reading The Referral Engine Changed My Business

What if you could teach your business to market itself?

What if ? instead of relying on expensive paid ad campaigns and direct sales, your business thrived based on referrals from happy customers?

Are You Good at Sales?

In starting my own business, I?ve learned that I?m not a very good sales person. I just don?t have that special instinct that I?ve seen great salespeople have. I?m too worried about inconveniencing people to ask for a sale.

A few months ago I read a book that literally changed my business. I had this book on my shelf for months before finally reading it. Once I finally picked it up, I couldn?t put it down.

The book is The Referral Engine, by John Jantsch.

Why We Refer Our Favorite Businesses

One of the premises of the book, is that people are ?wired? to make referrals to family and friends. It feels good to be ?in the know? about a great new restaurant, hip new club, or some new product and tell your friends about it.

Think about the last time you were walking down the street and someone stopped and asked you for directions. Didn?t it feel good to help them out and get them pointed in the right direction?

I know I enjoy referring my favorite products and businesses to my family and friends.

Creating a Compelling Experience For Your Customers

In this global economy, just about everything is a commodity that can be purchased cheaper somewhere else.

The way to differentiate your business is to provide real value, and deliver a compelling customer experience. People want to know that you are listening, and that you care about them and are willing to help them.

What if you could construct your ?customer experience? in a way that they are truly satisfied and thrilled with your product and support, and are glad to tell people about you? What if you invested your time and money here instead of buying ads and hiring direct sales people?

That?s what The Referral Engine advocates ? building your business in a way that provides remarkable products and services. So remarkable that your customers will want to refer you to their friends.

Starting My Business?

Right from the beginning I imagined Expand2Web as a customer service company ? one that provides real value and that people are thrilled to work with.

My business role models include Tony Hsieh from Zappos, Jeff Bezos from Amazon, Jason Fried from 37 Signals, and now John Jantsch from Duct Tape Marketing. These companies all provide great products or services, and legendary customer service.

When we started selling our first product ? The SmallBiz WordPress Theme ? we answered every customer email and question (and still do).

As we scaled up and sold more themes, that meant hiring a full time person to handle the support and build a process around delivering great customer support in a world where many WordPress themes and software providers simply refer customers to a forum where customers help each other out.

We invested heavily in customer support so we could get back to every customer and help them be successful, and drive great new features back into our product.

This meant hiring a highly skilled person to build a customer support process and work directly with customers and answer their questions, and go above and beyond what anyone expects. And highly skilled people aren?t cheap!

But I was still missing something.

Building A Business That People Want To Refer

Reading this book made me realize something. Although we were getting referrals from our customers naturally, we weren?t really leveraging our heavy ? and expensive ? investment in customer service.

As you?ll see, we weren?t setting expectations about referrals early in the sales process, we weren?t making it easy for people to refer us to others, and we weren?t ASKING for referrals, even though most of our customers were happy to provide them!

So I followed the advice that John Jastsch gives in his book ? we mapped out every customer interaction to see how we could provide a truly exceptional experience.

The book gave us a structure to leverage that investment in customer service and provide more value to our customers at the same time.

Customer Interaction Touchpoints

Customer Interaction Touchpoints

You can see from the map above, there are a lot of ways we interact with our customers.

Our Referral Action Plan for Expand2Web:

Here are a few of the things we did to improve our customer experience and encourage referrals:

1) We started setting expectations with potential customers early.

Before a customer even buys our product, we started setting expectations that we would ask them for a referral (when we deliver on our promise). On the sales pages and other pages about our products we explain that our mission is to make them so happy and successful they will want to tell their friends and co-workers about us.

This has the dual purpose of setting expectations that we will deliver real value and do whatever we can to make them happy, and also that we will ask them for a referral once we?ve delivered on that promise.

2) We created a ?Customer Welcome Kit? that welcomes every new customer, and helps them succeed.

Another excellent suggestion from the book was to create a customer welcome kit. We followed this and created a customer download area so that each customer could log in and get 24/7 access to the latest version of our software, to our support, and step-by-step training guides.

3) We added some unexpected bonuses for our customers in the customer welcome area.

For example, we found that the biggest issue for many of our SmallBiz customers was learning how to do things in WordPress. So we licensed a series of 19 short WordPress tutorial videos and included that free to our customers.

4) We ASK for referrals at key points in the customer relationship and make it safe and easy for customers to refer us to their friends and family.

We?ve learned the crucial points to ask for referrals, and how to do that in a way that our customers feel safe and want to refer us.

For example, in the book, John Jantsch points out that there are some key times in your customer interactions that are best for asking for referrals.

Strangely, right after a support request is one of them. We?ve been working on ways to politely ask for referrals from our customers in a risk free way, and to make it easy for them.

Benefits, for Us AND Our Customers

This is a process that we are continually refining and improving. But already it has helped our business tremendously in four ways:

  1. Improved customer experience. which leads to more happy customers
  2. Better product. By reaching out to customers in this way, we get better feedback that goes right back into making our product better. We?ve had several new releases with great feedback from customers, and have another one coming out shortly that contains some fantastic new capabilities driven by customer feedback.
  3. Better relationships. With our customers. Not being a natural salesperson, it was hard for me to ASK customers for a referral. But asking for their help has led to many new relationships with my customers that I never would have had before. It turns out many people welcome the discussion, and are very willing to help.
  4. Increased referrals. This has already increased sales for us in a significant way.

Our mission now is to continue improving this process by creating an ever more compelling customer experience, from pre-sales through support, and making it easier for our customers to refer us to their family and friends. This is our primary marketing vehicle and the way we grow our business.

What about you? How do you get new customers? Do you pay for ads? Do SEO? Or are you building a business that your customers will refer to their family and friends?

p.s. When I read a great book, I make a mind map of it because it helps me remember the key things from the book. Here?s a copy of the mind map I made from the Referral Engine in case it is helpful to you.

Like this post? Share it with your friends!

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Source: http://www.expand2web.com/blog/the-referral-engine-changed-my-business/

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Wednesday, December 26, 2012

Charred Body, Note Found Inside NY Shooter's Home - Fox 4

Posted on: 7:35 am, December 26, 2012, by Sarah Clark, updated on: 07:37am, December 26, 2012

William Spengler, 62, gunman who shot and killed two firefighters, Lt. Michael Chiapperini and Tomasz Kaczowka, when they responded to a house fire in Webster, NY. Spengler allegedly set his home ablaze.

By Alan Duke

(CNN) ? A sniper who ambushed volunteer firefighters in upstate New York on Monday, killing two and seriously wounding two others, left a note saying he hoped to burn down his neighborhood and kill as many people as possible, police said Tuesday.

A charred body, believed to be his sister?s, was found in the burned house she shared with him Tuesday, police said.

William Spengler, 62, used a Bushmaster semiautomatic rifle, the same kind of weapon used in the assault on Sandy Hook Elementary School, Webster Police Chief Gerald Pickering said.

?He was equipped to go to war,? Chief Pickering said.

The shooter, who was convicted of killing his grandmother decades ago, was found dead of a self-inflicted gunshot wound hours later.

Pickering, at a news conference Tuesday, read a sentence from the three-page typewritten note that detectives believe Spengler?s left behind: ?I still have to get ready to see how much of the neighborhood I can burn down and do what I like doing best ? killing people.?

The note indicated Spengler?s intentions, but not his motive, Pickering said. The rest of the contents will not be made public because it is evidence in a criminal investigation, he said.

There is ?all kinds of speculation? about why Spengler wanted to destroy his neighborhood and kill firefighters and residents, Pickering said.

One theory is that he was upset about a donation his mother, who died in the past year, made to the fire department, he said. Another theory is there could be a connection to his arrest in the killing of his grandmother, he said.

?Motive is always the burning question and I?m not sure we?ll ever really know what was going through his mind,? Pickering said.

Spengler was convicted in 1981 of first-degree manslaughter in the death of his grandmother and had been released on supervised parole, Pickering said.

It will be a challenge for the medical examiner to determine if his sister ? 67-year-old Cheryl Spengler was killed before the fire was set because it was a ?raging inferno,? Pickering said.

Spengler?s former neighbor, Roger Vercruysse, said that Spengler was a nice guy who used to come over to Vercruysse?s sister?s house for holiday parties and would wave to the family from his front porch, where he often sat during the summer.

?He?d come to our house, we used to have picnics,? he said.

Spengler was especially attentive to his mother, who passed away in October, Vercruysse said, visiting her every day in the nursing home where she lived until she died.

?He loved his mama,? Vercruysse said. ?He always talked about his mother.?

Spengler did not share the same closeness with his sister, with whom he shared his home, Vercruysse said.

?He told me he hated his sister and never could tell me why,? he said. ?I?d always wave to the sister, but she was not friendly.?

Firefighters from the Rochester-area town of Webster responded before 6 a.m. Monday to a 911 call, reporting a fire that Spengler is believed to have set, when the gunfire began, Pickering said.

?This was a clear ambush on first responders,? he said. Spengler was firing from ?a natural depression? against a bank and a tree, he said.

An off-duty police officer, who happened on the scene, returned gunfire and sheltered firefighters with his car, Pickering said.

?Had the police officer not been there, more people would have been killed because he immediately engaged the shooter with a rifle,? he said. ?Essentially, it was a combat condition.? Investigators won?t know until after an autopsy if any of his shots hit Spengler, he said.

Officer John Ritter of the Greece, New York, Police Department, suffered minor shrapnel wounds but was released after treatment at a hospital.

The two wounded firefighters were in stable condition after surgery Tuesday, Pickering said Tuesday morning. They were being treated for ?serious injuries? in intensive care at Strong Memorial Hospital in Rochester, New York, he said.

Seven houses were destroyed and several others damaged by the fire, which investigators believe spread from a car parked next to the home where they believe Spengler lived, Pickering said.

Authorities do not know how Spengler obtained the Bushmaster rifle, .38-caliber revolver and 12-gauge shotgun he used, Pickering said. As a convicted felon, Spengler was not allowed to legally possess weapons.

In chilling audio heard over a scanner Monday, a West Webster Fire Department firefighter reported ?multiple firemen shot? ? including himself, with wounds to his lower back and lower leg ? and ?shots still being fired.?

?I?m pretty sure that we have two DOAs? ? the term for dead on arrival ? ?on the street,? the wounded firefighter said. ?? They?re down and not good.?

For several hours after that, the threat of gunfire stopped firefighters from battling the blaze and forced police SWAT teams to evacuate 33 people in the neighborhood of small waterfront homes.

The fire destroyed seven houses. It was under control by 2:30 p.m. ET, but authorities weren?t able to get into any of the homes. Pickering said it?s possible that more victims could be inside.

Lt. Michael Chiapperini, a firefighter who died at the scene, was a veteran of the West Webster Fire Department and a police lieutenant. He?d been named Firefighter of the Year just two weeks ago. And not long before that, he had volunteered to go to Long Island to help those suffering after Superstorm Sandy, New York Lt. Gov. Bob Duffy said.

The other slain firefighter was Tomasz Kaczowka, who was also a 911 dispatcher. He?d been with the West Webster Fire Department for just more than a year, department spokesman Al Sienkiewicz said.

The shooting occurred amid a renewed gun control debate after the December 14 elementary school massacre in Newtown, Connecticut, that killed 26 people, most of them children. The gunman in that case, Adam Lanza, also killed his mother and himself.

The head of a lobbying group that represents first responders said the Monday shooting was ?senseless and cruel.?

?The firefighters who responded today were performing a selfless, meaningful service to their community, unaware that a cold-hearted maniac was planning to ambush them and take their lives,? said Harold Schaitberger, general president of the Washington-based International Association of Fire Fighters. ?Coming on the heels of the horrific tragedy in Newtown, Connecticut, and on Christmas Eve, this shooting is even harder to comprehend.?

New York Gov. Andrew Cuomo described the Webster shooting as ?horrific.? And the state?s attorney general called it a ?senseless tragedy?

President Barack Obama has set a January deadline for ?concrete proposals? to deal with gun violence after the Newtown shooting.

Sen. Dianne Feinstein, D-California, has said she will introduce legislation to reinstate the assault weapons ban that expired in 2004, while National Rifle Association CEO Wayne LaPierre has said his group will fight any new gun restrictions, saying most gun laws now on the books are rarely enforced.

Pickering, the Webster police chief, said it was important ? after the shooting in his town and others ? to ?get a handle on gun control.? He also said more needs to be done to make sure that dangerous people aren?t in society, where they can kill.

?For the last 20 years we have been turning people loose and de-institutionalizing people, and I think we?ve swung too far,? he said. ?I think there are still people that need to be in institutions that are a danger to themselves or others. And this is a classic example.?

CNN?s Brittany Brady, Chuck Johnston, Jake Carpenter and John Fricke contributed to this report.

Source: http://fox4kc.com/2012/12/26/charred-body-found-note-inside-ny-shooters-home/

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TEDxFIU in Review: Dr. Pedro ?Joe? Greer - News at FIU - Florida ...

As a young physician in Miami, Dr. Pedro ?Joe? Greer?s experience with the city?s homeless population inspired him to found Camillus Health Concern and Saint John Bosco Clinic.

Now an assistant dean in FIU?s Herbert Wertheim College of Medicine, Greer challenged the TEDxFIU audience to think beyond the business of medicine to truly improve lives in their communities.

The United States is one of the top spenders on health care among industrialized nations, yet has some of the worst health outcomes. Greer explained that many of the factors leading to poor health in America are not scientific, but social ? things like poverty, violence, racism and food deserts.

The solution, Greer argued, begins in the medical school classroom, where aspiring physicians should be trained in social accountability alongside human anatomy. Medical schools should be accountable to society, not industry.

Watch his full TEDxFIU talk below:

See other TEDxFIU in Review posts:

Source: http://news.fiu.edu/2012/12/tedxfiu-in-review-dr-pedro-joe-greer/49948?utm_source=rss&utm_medium=rss&utm_campaign=tedxfiu-in-review-dr-pedro-joe-greer

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PFT: 49ers lose WR Manningham to torn ACL

121017095532_Cash Getty ImagesGetty Images

With the salary cap increasing by only a little in 2013, it?s safe to say that the franchise tags will increase by only a little, too.

Per Ian Rapoport of NFL Network, the NFL distributed at the league meetings in December the tentative franchise tenders for 2013.

For quarterbacks, the 2012 tender will be $14.6 million.? It was $14.4 million in 2012.

For running backs, the 2012 tender will be $8.0 million.? It was $7.7 million in 2011.

For receivers, it will be $10.3 million, up from $9.6 million.

For tight ends, the number climbs from $5.4 million to $5.9 million.

For offensive linemen (yes, they?re all jumbled together regardless of whether they play center, guard, or tackle), the franchise tender climbs to $9.6 million from $9.4 million.

For defensive ends, the $10.6 million tender in 2012 becomes $10.9 million in 2013.

For defensive tackles, the franchise tender will be $8.3 million, up from $7.9 million the prior year.

For linebackers, the number moves to $9.4 million in 2013 from $8.8 million in 2012.

For cornerbacks, the tender remains roughly the same, at $10.6 million.

For safeties, the new number is $6.7 million; last year it was $6.2 million.

For kickers and punters, the franchise number of $2.5 million from 2012 increases to $2.9 million.

Last year, the first under the new CBA, the franchise numbers dropped dramatically, even though the cap went up slightly.? The reduction comes from a new formula that takes the value of franchise tags for the last five years, adds them up, divides them by the total value of the salary cap for the last five years, and multiplies the resulting percentage by the salary cap for the current year.? So the number is ultimately driven by a percentage of the cap, not by what the highest-paid players at each position make.? Eventually, the franchise tags will settle in as a fixed percentage of the salary cap, remaining the same each year and only rising based on how much the cap rises.

For some players, the tag becomes higher because the franchise tag rules guarantee the greater of the standard tag or 120 percent of the player?s cap number from the prior year.

Source: http://profootballtalk.nbcsports.com/2012/12/24/49ers-lose-mario-manningham-to-torn-acl/related/

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Tuesday, December 25, 2012

Over the fiscal cliff: Soft landing or dizzy dive?

WASHINGTON (AP) -- Efforts to save the nation from going over a year-end "fiscal cliff" were in disarray as lawmakers fled the Capitol for their Christmas break. "God only knows" how a deal can be reached now, House Speaker John Boehner declared.

President Barack Obama, on his way out of town himself, insisted a bargain could still be struck before Dec. 31. "Call me a hopeless optimist," he said.

A look at why it's so hard for Republicans and Democrats to compromise on urgent matters of taxes and spending, and what happens if they fail to meet their deadline:

___

NEW YEAR'S HEADACHE

Partly by fate, partly by design, some scary fiscal forces come together at the start of 2013 unless Congress and Obama act to stop them. They include:

? Some $536 billion in tax increases, touching nearly all Americans, because various federal tax cuts and breaks expire at year's end.

? About $110 billion in spending cuts divided equally between the military and most other federal departments. That's about 8 percent of their annual budgets, 9 percent for the Pentagon.

Hitting the national economy with that double whammy of tax increases and spending cuts is what's called going over the "fiscal cliff." If allowed to unfold over 2013, it would lead to recession, a big jump in unemployment and financial market turmoil, economists predict.

___

WHAT IF THEY MISS THE DEADLINE?

If New Year's Day arrives without a deal, the nation shouldn't plunge onto the shoals of recession immediately. There still might be time to engineer a soft landing.

So long as lawmakers and the president appear to be working toward agreement, the tax hikes and spending cuts could mostly be held at bay for a few weeks. Then they could be retroactively repealed once a deal was reached.

The big wild card is the stock market and the nation's financial confidence: Would traders start to panic if Washington appeared unable to reach accord? Would worried consumers and businesses sharply reduce their spending? In what could be a preview, stock prices around the world dropped Friday after House Republican leaders' plan for addressing the fiscal cliff collapsed.

Federal Reserve Chairman Ben Bernanke has warned lawmakers that the economy is already suffering from the uncertainty and they shouldn't risk making it worse by blowing past their deadline.

___

WHAT IF THEY NEVER AGREE?

If negotiations between Obama and Congress collapse completely, 2013 looks like a rocky year.

Taxes would jump $2,400 on average for families with incomes of $50,000 to $75,000, according to a study by the non-partisan Tax Policy Center. Because consumers would get less of their paychecks to spend, businesses and jobs would suffer.

At the same time, Americans would feel cuts in government services; some federal workers would be furloughed or laid off, and companies would lose government business. The nation would lose up to 3.4 million jobs, the Congressional Budget Office predicts.

"The consequences of that would be felt by everybody," Bernanke says.

___

THE TAXES

Much of the disagreement surrounds the George W. Bush-era income tax cuts, and whether those rates should be allowed to rise for the nation's wealthiest taxpayers. Both political parties say they want to protect the middle-class from tax increases.

Several tax breaks begun in 2009 to stimulate the economy by aiding low- and middle-income families are also set to expire Jan. 1. The alternative minimum tax would expand to catch 28 million more taxpayers, with an average increase of $3,700 a year. Taxes on investments would rise, too. More deaths would be covered by the federal estate tax, and the rate climbs from 35 percent to 55 percent. Some corporate tax breaks would end.

The temporary Social Security payroll tax cut also is due to expire. That tax break for most Americans seems likely to end even if a fiscal cliff deal is reached, now that Obama has backed down from his call to prolong it as an economic stimulus.

___

THE SPENDING

If the nation goes over the fiscal cliff, budget cuts of 8 or 9 percent would hit most of the federal government, touching all sorts of things from agriculture to law enforcement and the military to weather forecasting. A few areas, such as Social Security benefits, Veterans Affairs and some programs for the poor, are exempt.

___

THERE'S MORE AT STAKE

All sorts of stuff could get wrapped up in the fiscal cliff deal-making. A sampling:

? Some 2 million jobless Americans may lose their federal unemployment aid. Obama wants to continue the benefits extension as part of the deal; Republicans say it's too costly.

? Social Security recipients might see their checks grow more slowly. As part of a possible deal, Obama and Republican leaders want to change the way cost-of-living adjustments are calculated, which would mean smaller checks over the years for retirees who get Social Security, veterans' benefits or government pensions.

? The price of milk could double. If Congress doesn't provide a fix for expiring dairy price supports before Jan. 1, milk-drinking families could feel the pinch. One scenario is to attach a farm bill extension to the fiscal cliff legislation ? if a compromise is reached in time.

? Millions of taxpayers who want to file their 2012 returns before mid-March will be held up while they wait to see if Congress comes through with a deal to stop the alternative minimum tax from hitting more people.

___

CALL THE WHOLE THING OFF?

In theory, Congress and Obama could just say no to the fiscal cliff, by extending all the tax cuts and overturning the automatic spending reductions in current law. But both Republicans and Democrats agree it's time to take steps to put the nation on a path away from a future of crippling debt.

Indeed, the automatic spending cuts set for January were created as a last-ditch effort to force Congress to deal with the debt problem.

If Washington bypassed the fiscal cliff, the next crisis would be just around the corner, in late February or early March, when the government reaches a $16.4 trillion ceiling on the amount of money it can borrow.

Boehner says Republicans won't go along with raising the limit on government borrowing unless the increase is matched by spending cuts to help attack the long-term debt problem. Failing to raise the debt ceiling could lead to a first-ever U.S. default that would roil the financial markets and shake worldwide confidence in the United States.

To avoid that scenario, Obama and Boehner are trying to wrap a debt limit agreement into the fiscal cliff negotiations.

___

SO WHAT'S THE HOLDUP?

They're at loggerheads over some big questions.

Obama says any deal must include higher taxes for the wealthiest Americans. Many House Republicans oppose raising anyone's tax rates. Boehner tried to get the House to vote for higher taxes only on incomes above $1 million but dropped the effort when it became clear he didn't have the votes.

Republicans also insist on deeper spending cuts than Democrats want to make. And they want to bring the nation's long-term debt under control by significantly curtailing the growth of Medicare, Medicaid and Social Security ? changes that many Democrats oppose.

Obama, meanwhile, wants more temporary economic "stimulus" spending to help speed up a sluggish recovery. Republicans say the nation can't afford it.

___

IT'S NOT JUST WASHINGTON

Seems like they could just make nice, shake hands and split their differences, right?

But there's a reason neither side wants to give ground. The two parties represent a divided and inconsistent America. True, Obama just won re-election. But voters also chose a Republican majority in the House.

Republican and Democrats alike say they are doing what the voters back home want.

Neither side has a clear advantage in public opinion. In an Associated Press-GfK poll, 43 percent said they trust the Democrats more to manage the federal budget deficit and 40 percent preferred the Republicans. There's a similar split on who's more trusted with taxes.

About half of Americans support higher taxes for the wealthy, the poll says, and about 10 percent want tax increases all around. Still, almost half say cutting government services, not raising taxes, should be the main focus of lawmakers as they try to balance the budget.

When asked about specific budget cuts being discussed in Washington, few Americans express support for them.

___

THE COUNTDOWN

Time for deal-making is short, thanks to the holiday and congressional calendars. Some key dates for averting the fiscal cliff:

? Lawmakers aren't expected to return to the Capitol until after Christmas, leaving less than a week to vote on a compromise before year's end.

? Obama and his family also were leaving town for a Christmas vacation in Hawaii. The president said because the fiscal cliff was still unresolved, he would return to Washington next week.

? If lawmakers reach Dec. 31 without a deal, some economists worry that the financial markets might swoon.

? The current Congress is in session only through noon Eastern time on Jan. 3. After that, a newly elected Congress with 13 new senators and 82 new House members would inherit the problem.

___

Associated Press writers Jim Kuhnhenn, Alan Fram and Andrew Taylor and Director of Polling Jennifer Agiesta contributed to this report.

___

Follow Connie Cass on Twitter: http://www.twitter.com/ConnieCass

Source: http://news.yahoo.com/over-fiscal-cliff-soft-landing-233138327.html

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