Daily Archives: March 7, 2012

'Urban Indian women have low financial freedom'

Posted: March 7, 2012 at 2:18 pm

Chennai, March 7 (IANS) Even as their number is rising, the financial freedom of urban, working women in India is low and needs significant improvement, says a survey conducted across 11 cities.

"The Life Freedom Index score for urban women at 58.3 on a scale of 100 indicates that their financial freedom is low and needs significant improvement," Sanjay Tripathy, executive vice president (Marketing and Direct Channels) at HDFC Life Insurance Company, said while sharing the findings of the survey with the media here Wednesday.

According to Tripathy, the Indian urban woman needs improvement in areas like financial planning, sufficiency and adequacy.

For the majority of the urban women, children's education is at the top on their priority list when they chalk out their financial plan followed by health expenses, family holidays and house rent/EMIs.

The survey says the women's financial plans are not reviewed at regular intervals and realigned with life's significant events.

Only 19 percent of those surveyed said they reviewed their financial plan frequently while 65 percent did that once in a while.

Forty-two percent of the urban women chalked out their financial planning with the help of friends and relatives, while 26 percent consulted professional financial advisors.

Tripathy said HDFC Life would come out with products based on the survey findings in a couple of months.

The survey was conducted by HDFC Life along with market research firm ValueNotes.

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Mike Malloy Mocks Tornado Victims

Posted: at 2:16 pm

05-03-2012 11:48 Liberal talker Mike Malloy mocks recent tornado victims, their religious beliefs, in a most hateful, spiteful way. Yet, I believe it is protected by free speech.

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Lazy online activists abuse free speech

Posted: at 2:16 pm

Yumi Stynes has been the target of an online hate campaign. Source: HWT Image Library

HOW amazing. In all Australian television in the past year, only one presenter is so evil that they must be hounded off air.

Well, two actually, but more about me later.

I'm talking, of course, about Yumi Stynes - now the target of a hate campaign by fat-bottomed moralists who offend me even more than she did.

Until Tuesday last week, most Australians did not even know Stynes existed, and was a host of the Channel 10 morning chat show The Circle.

But on that fateful day, Stynes made a mistake that comes from not knowing much but having much time to fill with babbling about whatever.

Her assigned subject was VC winner Corporal Ben Roberts-Smith, the astonishingly brave soldier who'd featured in a Channel 7 documentary two days earlier.

I'd bet she hadn't seen the documentary, and had no idea Roberts-Smith had movingly revealed the struggle he and his wife had to conceive a child.

All that she apparently had was a picture of this gigantic soldier's muscled body as he exercised in a pool, at which point something in her brain went ping and she said: "He's going to dive down to the bottom of the pool to see if his brain is there."

It got worse. With her was ageing reporter George Negus, also underresearched, who consoled himself with the observation that people like poor old Ben might not be up to it in the sack.

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Lazy online activists abuse free speech

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'Star Marianas plans to fly to Rota; Freedom Air to resume daily flights'

Posted: at 8:07 am

Tuesday, March 06, 2012

Cape Air could drop some flights on March 26

Freedom Air will resume daily flights to Rota and will go back to using a 30-seater aircraft next week, while Star Marianas Air Inc. plans to fly to Rota as early as end-March, airline officials and senators separately said yesterday.

Dennis Cruz, Freedom Air-CNMI station manager, confirmed yesterday that Freedom Air will resume daily flights to Rota as early as next week and will resume the use of 30-seater aircraft that will accommodate more passengers to and from Rota.

Yes I can confirm we will be back to normal daily flights, and we will start using again the 30-seater aircraft, Cruz told Saipan Tribune.

Since November, Freedom Air has been using a seven-seater aircraft to give way to regular maintenance of the 30-seater aircraft. Since then, it has also stopped flying to Rota on Mondays and Fridays.

Sen. Juan M. Ayuyu (Ind-Rota) and Senate President Paul Manglona (Ind-Rota) separately said they welcome Freedom Air's decision to resume normal operations.

Ayuyu and Manglona also said the owner of Rota Resort, Hee Cho, has been working with Star Marianas Air Inc. so that the airline will be able to provide flights to and from Rota as early as the last week of March.

Ayuyu said Star Marianas Air is looking at using two nine-seater aircraft for the Rota flights.

An official from Star Marianas on Tinian said yesterday they need to get clearance from the management before speaking directly to the media.

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What About Freedom From Religion?

Posted: at 8:07 am

Hypocrites always love the fig leaf, and the Republican radicals crusading against womens reproductive rights have been shrewd enough to cloak their real goal with pious claims that theyre just defending Americas freedom of religion.

But since the issues currently making headlines include the power to deny insurance coverage for birth control to non-Catholics, the rights of the religious are hardly the most worrisome issue we face, no matter how strident the disingenuous claims of the GOPs anti-woman warriors.

To a growing segment of the American electorate, a much greater concern than the freedom of religion is the freedom from religion.

Every election year generates a new round of sanctimonious baloney from conservative Christians who purport to speak for every American in defining what the United States is all about. Whether explicit or implicit, the presumption underlying their pronouncements is the idea that America is a Judeo-Christian country whose actions and policies should be guided by the religious doctrines deriving from that tradition.

Lost in all the overheated rhetoric is a crucial principle: the freedom from a dominant or state-sanctioned religion and its dictates is far more fundamental to American history and everything this country is actually supposed to stand for than any individual church or faith has ever been.

Unfortunately, such historical facts seem lost on Rick Santorum, whose religious beliefs have defined his policy positions in the secular world.

"Contraception is a license to do things in a sexual realm that is counter to the way things are supposed to be," Santorum opined, as ungrammatical as he is serenely untroubled by any doubt about the way things are supposed to be.

Santorums vision is drastically circumscribed by his radical Catholicism, and like most ideologues, he wants to impose those strictures on the rest of us no matter how our belief systems might differ from his. As far as hes concerned, the way things are supposed to be is the product of a fixed religious doctrine that represents the final word of God. Santorums idea of an omnipotent supernatural creator is the only one that counts, and everyone else is supposed to venerate the same deity and the same dogma.

Among other problems, Santorums views betray a shocking ignorance about the history of Christianity. Since he thinks education is for snobs, he probably wont make the effort to inform himself more fully about the faith he professes to uphold, but anyone who actually wanted to learn something would do well to read Elaine Pagelss new book, Revelations: Visions, Prophecy and Politics in the Book of Revelations, which details the suppression of some early Christian books of revelation and the elevation of others by bishops intent on establishing orthodoxy and eradicating dissenting views in the fourth century.

Pagels and other scholars have chronicled the inconsistent history of Christian beliefs and the stunning variability of canonical texts as well as official practices, but the resulting body of knowledge seems lost on the GOP leaders now bloviating about Christian tradition. Unfortunately, a working understanding of American history also seems to have eluded them.

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End freedom of 'hate speech'

Posted: at 8:07 am

Baroness Deech calls for 'freedom of speech' to no longer be abused as a defence for hate and racism in universities.

In late 2010 at the LSE, Abdel Bari Atwan, editor-in chief of the London-based Al-Quds Al-Arabi newspaper, referred to the Jewish Lobby a number of times, and accused the Jewish students in the audience of bombing Gaza. They walked out in protest. Last month former US marine Ken OKeefe, speaking at Middlesex University, said that Israel should be destroyed, before comparing Jews to the Nazis.

This is unfettered hate speech on our UK campuses. Then there are the individual incidents, such as the Nazi-themed antics on an LSE ski trip which included a Jewish student. Forty-two per cent of Jewish students have witnessed an anti-Semitic incident on their campus in the last year. It does not seem as if universities are tackling these incidents as they would if other minorities were targeted in the same way.

Whilst in each of these cases, the universities are now reviewing procedures and looking to guard against future incidents, it is fair to say that their initial responses fell short of what outspoken and avowedly anti-racist institutions would aspire to. For each incident, it has taken the intervention of Jewish or other minority students explaining the problem and driving the reaction.

The Education (No 2) Act 1986 says that higher education Institutions must take such steps as are reasonably practicable to ensure that freedom of speech within the law is secured for its members, students and employees and for visiting speakers. Freedom of speech seems to have become the catch-all response for universities faced with examples of hate speech such as those I have cited. What they have not grasped is that it is freedom of speech within the law that is to be protected, and hate or racist speech is outside the law. Many university administrators seem to be ignorant of the law or have not updated their Codes on visiting speakers for decades.

They need to consider the relevant legislation: the Equality Act, the Protection from Harassment Act, the Racial and Religious Hatred Act are among the many recent laws that limit freedom of speech and exclude the stirring-up of race hatred and violent hate speech. Universities have a special duty to promote race harmony between various groups on campus, which they are tending to ignore. Meetings and known hate speakers can be risk-assessed, banned or stopped in their course if the law is being broken and there is disruption on campus.

Historically, the students unions were considered to be outside the equality laws, although they present themselves as defenders of human rights in general. The anomaly by which they were not included in the definition of public institutions has been addressed through their potential loss of exempt charity status and the need for universities to monitor how they conduct themselves and spend their money. The national student union, the NUS has now produced clear guidance on how to handle hate speech on campus, responsibilities under the law and details of best practice. The Commons home affairs select committee recently proposed that government set up a central contact point to assist in the assessment of hate speakers.

My question aims to elicit confirmation of legal responsibilities and to set the record straight so that freedom of speech, a central tenet of our society, is respected and not abused as a stock defence against action on racism.

Baroness Deech raised to life peerage in 2005, and has been the Gresham Professor of Law since 2008.

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New Liberty Mutual ad gives special effects a workout

Posted: at 8:07 am

By Chris Reidy, Globe Staff

A new ad from Liberty Mutual Insurance for its Home Protector Plus product makes use of so many special effects that it and a companion ad were almost a year in the making, said an executive with Hill Holliday of Boston, Liberty Mutuals long-time ad agency.

The message of the two ads is that Boston-based Liberty Mutual and Home Protector Plus, a home insurance product, works hard to get a customers life back to normal after something bad has happened.

Hill Hollidays branding campaign for Liberty Mutual features the tag-line of: Responsibility: Whats Your Policy? These two latest ads are more focused on a specific Liberty Mutual insurance product.

The new ad that has just begun airing is called Strings, and it shows a house getting convulsed by a fierce storm that badly shakes up the homes contents. The spot was filmed on one of the worlds biggest sound stages, and nearly 3,200 household items were hung individually from wires for the special effects. The spot also gave the sound stages wind machines a good workout.

A second spot called Journey started airing in early February. In this spot, a woman bikes around a suburban neighborhood and manages to avoid disaster around every corner. Two identical houses were built for the shoot, Hill Holliday said, and one challenge for the actress in the spot was to maintain a bike speed of 7 miles per hour so the script would come off as planned.

It took us almost a year to produce those spots, Hill Holliday creative director Scott Noble said.

Other Hill Holliday clients include Dunkin Donuts, Major League Baseball, Verizon Wireless, Bank of America, Chilis, and Novartis.

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Liberty University decides to end contract with GLTC

Posted: at 8:07 am

Liberty University plans to discontinue its contract with the Greater Lynchburg Transit Company, opting instead to run its own fleet of buses on campus, LU officials announced Tuesday.

LU Chancellor Jerry Falwell Jr. said GLTCs rising transit costs prompted the change, which will go into effect in August. Falwell estimated GLTCs hourly charges have increased 80 percent since 2008, including a 12 percent spike in the last two weeks.

We just cant live with those types of unexpected increases, Falwell said.

Prior to 2007, Liberty operated its own bus service for students who needed rides across campus or to select off-campus locations.

Liberty could no longer support the demands of its growing student body so, in 2007, it partnered with GLTC in a contract that cost the university roughly $1.14 million, or $52 per hour, said Richard Martin, LUs vice president for financial research and analysis.

Next year, the projected cost for a comparable amount of service came out to nearly $2 million, or about $93 per hour, Martin said.

Its gotten more expensive very quickly and also we do have some concerns over the sustainability of the service provided by GLTC, he said, citing the companys recent budget shortfalls.

Libertys strong financial position makes it feasible to buy a fleet of buses and build the accompanying infrastructure, Martin said. Students, who pay for the transit service through their tuition dollars, will save money in the long run.

Liberty is one of GLTCs biggest sources of funding and riders. The impact of Libertys departure will play out in coming months.

GLTC general manager Michael Carroll did not return phone calls Tuesday evening.

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American Liberty (OREO) Expands Its Management Team

Posted: at 8:06 am

NEW YORK, NY--(Marketwire -03/06/12)- American Liberty Petroleum, Corp. (OTC.BB: OREO.OB - News) announced yesterday that they have appointed Vincent Ramirez to the Vice President of Operations position. Mr. Ramirez has worked in all aspects of oil and gas, during which he has worked with companies like Shell (NYSE: RDS-A - News) and Amoco (NYSE: BP - News).

American Liberty, which is focused on the Western part of the US, is not alone in seeing possible potential in Nevada and California, Anadarko Petroleum (NYSE: APC - News) has properties in Nevada while Occidental Petroleum (OXY) has recently found an estimated 1 billion barrels of oil and natural gas equivalents in California.

American Liberty Petroleum Corp. focuses on the acquisition, drilling, and production of oil and natural gas properties and prospects. The company's President, Alvaro Vollmers, argues that "there are real solutions within our own borders that will contribute to the nation's increased energy independence." American Liberty's 6,397-acre Gabbs Valley Prospect in Nevada is located on the 26,000-acre Cobble Cuesta structure, which is estimated to represent oil reserves of 4+ billion barrels.

Information, opinions and analysis contained herein are based on sources believed to be reliable, but no representation, expressed or implied, is made as to its accuracy, completeness or correctness. The opinions contained herein reflect our current judgment and are subject to change without notice. We accept no liability for any losses arising from an investor's reliance on or use of this report. This report is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. A third party has hired and paid IO News Wire twelve hundred and ninety five dollars for the publication and circulation of this news release. Certain information included herein is forward-looking within the meaning of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements concerning manufacturing, marketing, growth, and expansion. Such forward-looking information involves important risks and uncertainties that could affect actual results and cause them to differ materially from expectations expressed herein. We have no ownership of equity, no representation; do no trading of any kind and send no faxes or emails.

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Liberty Announces Further Loan from Controlling Shareholder

Posted: at 8:06 am

TSX: LBE

TORONTO , March 6, 2012 /CNW/ - Liberty Mines Inc. ("Liberty or the "Company") wishes to announce today that Jien International Investments Ltd. ("JIIL"), the Company's controlling shareholder, has agreed to provide a $5,000,000 loan. The purpose of the loan is to provide working capital for Liberty to address the timing around revenue payments from the resumption of mining activities. Liberty remains on target to restart their mining and milling operations in Timmins in Q1 of 2012.

This loan will bear interest at the rate of 10% per annum and will be secured against the assets of the Corporation. Interest will accrue over the term of the loan. The Loan will come due on December 31 , 2013. The terms of the loan require that the Company make mandatory prepayments to the loan where Liberty raises capital in excess of certain thresholds.

This transaction constitutes a related party transaction under the rules of the Toronto Stock Exchange and Multilateral Instrument 61-101 ("NI 61-101"). The transaction is exempt from the minority approval requirements of is exempt from the minority shareholder approval requirements of NI 61-101 by virtue of section 5.7(f).

About Liberty Mines Inc.

Liberty Mines Inc. is a producer of nickel and is focused on the exploration, development and production of nickel, copper, cobalt and platinum group metals from its properties in Ontario, Canada . It owns and operates the Redstone nickel concentrator near Timmins Ontario.

CAUTIONARY STATEMENT

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain "forward looking statements". All statements other than statements of historical fact included in this release, without limitation, statements regarding future plans and objectives of Liberty, are forward looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Liberty's expectations are: exploration risks; commodity prices; regulatory approvals; receipt of mining permits and leases; equipment failures and shortage of supplies; and assumed startup and operating costs detailed herein and from time to time in the filings made by Liberty with securities regulators. Forward-looking statements speak only as of the date on which they are made. The Company undertakes no obligation to publicly update any such statement or reflect new information or the occurrence of future events or circumstances, except where required by securities regulations. Accordingly, readers should not place undue reliance on forward-looking statements.

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