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Monthly Archives: July 2012
Sennen Responds to Liberty's "Open Letter"
Posted: July 28, 2012 at 7:14 am
VANCOUVER, BRITISH COLUMBIA--(Marketwire -07/27/12)- Sennen Resources Ltd. (SN.V) (Sennen or the Company) notes Liberty Silver Corp.'s (Liberty) 'Open Letter to Sennen shareholders' (the Letter) issued on July 26th 2012. For clarity, this unsolicited and hostile offer by Liberty was initiated without any prior discussion with Sennen management, and consequently, without providing Sennen any prior opportunity to conduct meaningful due diligence on Liberty. Liberty's stated intention to remove the directors of Sennen and, subject to certain conditions, delist the Company's shares in order to access the Company's treasury contradicts their newly stated desire of "concluding a friendly deal with Sennen". Sennen shareholders are advised that Liberty's offer is a 'hostile' take-over attempt.
Sennen's Board of Directors, as is their fiduciary duty, is conducting, in conjunction with its advisors, a reasoned assessment of the Liberty offer in the interests of the Sennen shareholders. The Special Committee of the Board of Directors convened to review the Liberty offer, which is made up of three independent directors, expects to make its recommendation to Sennen's Board of Directors, who will in turn make its recommendation to shareholders, on or before July 31st 2012. This recommendation will be set out in a news release and contained in a Director's circular that will be mailed to all shareholders. This process, although expensive and time consuming, must be carried out to comply with applicable securities and corporate laws.
Sennen wishes to acknowledge the overwhelming response by way of unsolicited communications from many shareholders both prior and subsequent to the Letter, which to date has been one of unanimous rejection of Liberty's hostile offer for a myriad of corporate and technical reasons. Shareholders are urged to take no action whatsoever until the Board of Directors has made its recommendation.
Sennen has approximately $13.5M in the treasury and no debt. The Company's management and Board of Directors combined have over 125 years of relevant experience in the mining and mineral exploration industry. The Company continues to explore opportunities that are increasingly becoming available to cashed up companies such as Sennen, while dealing effectively with the unsolicited Liberty offer. In the current market environment, Sennen's good track record, experienced management and approach to creating and preserving cash has provided the Company with a significant advantage over most of its peers. The Company is not short of "cash, commitment or talent", and is now in a perfect situation to take advantage of the solvency crisis that many junior exploration companies find themselves in.
Neither the TSX Venture Exchange (the "TSXV") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) has reviewed, nor do they accept responsibility for the adequacy or accuracy of, this release.
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Sennen Responds to Liberty's "Open Letter"
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Liberty Mutual Insurance Capitalizes On London Games To Launch All-New Advertising Creative
Posted: at 7:14 am
BOSTON, July 27, 2012 /PRNewswire/ -- Liberty Mutual Insurance will debut all-new advertising creative during the Summer Games, introducing a new theme, "Humans." The campaign kicks off July 28 with two executions a 60-second and a 30-second spot. The spots feature entertaining vignettes that illustrate everyday moments when people show their imperfections and when there is a need for responsibility and insurance.
To view the multimedia assets associated with this release, please click http://www.prnewswire.com/news-releases/liberty-mutual-insurance-capitalizes-on-london-games-to-launch-all-new-advertising-creative-163917896.html
(Logo: http://photos.prnewswire.com/prnh/20110607/NE15669LOGO)
Working with NBC, Liberty Mutual Insurance secured time on its flagship TV and digital properties, including NBC, Bravo, CNBC, and NBC Sports Network, with a high percentage of placements during primetime broadcasts and a consistent presence throughout each day of the Games.
"The new campaign communicates Liberty Mutual's 'Responsibility' brand character in a way that is relevant to consumer and the role of insurance in their lives," said Jim MacPhee, senior vice president and Chief Marketing Officer, Liberty Mutual Personal Insurance. "In a highly competitive personal insurance marketplace it is important to promote our differentiating attributes, characterized by our empathy towards policyholders in times when they need us."
The 60-second spot opens with the V/O: "Humans. We mean well but we are imperfect creatures living in an imperfect world." Vignettes span a wide range of mishaps that damage property, cars or homes... and sometimes all three at the same time. The musical score is provided by The Human League and its hit song, "Human." The spot closes with the V/O: "That's the funny thing about humans. When things are at their worst, we are at our best."
The 30-second spot focuses on auto policies and Liberty Mutual products, exclusive Better Car Replacement and Accident Forgiveness. The narration opens: "Humans. Even when we cross our Ts and dot our Is, we still run into problems. Namely, other humans." Vehicles are damaged in many ways set against the musical backdrop of theme song from "The Odd Couple."
Each spot includes Liberty Mutual Insurance agents on the scene to help policy holders in their moment of greatest need, regardless of whether the damage was self-inflicted or avoidable. The tagline continues to be, "Responsibility. What's your policy?"
"Humans" includes the premiere of award-winning actor Paul Giamatti as celebrity voiceover talent. The campaign will run with several new executions throughout the year in high-profile sporting events, and continue Liberty Mutual Insurance's presence within strong cable properties such as HGTV, Food, TBS, USA, Discovery, History, ESPN, A&E and AMC.
"Paul's voice sets the perfect tone for the Humans campaign," said MacPhee. "He is an extremely talented actor who is relatable to everyone."
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Liberty Mutual Insurance Capitalizes On London Games To Launch All-New Advertising Creative
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Second Amendment rights violated over long past mental-health issue, Hillsdale man says
Posted: at 7:12 am
GRAND RAPIDS, MI A Hillsdale man says the government has violated his Second Amendment rights by prohibiting him from obtaining a firearm because of a three-decades-old involuntary commitment to a psychiatric hospital.
Clifford Tyler, who says his mental-health issue was only temporary, has filed a lawsuit in U.S. District Court in Grand Rapids against local, state and federal agencies alleging that they are violating his constitutional right to keep and bear arms.
As a consequence of this overbroad ban, sane, trustworthy, competent individuals that are not a threat to themselves or others and are not in any way mentally ill are forever prohibited from exercising their Second Amendment rights by the bare fact of a one-time involuntary commitment without consideration of individual present circumstances, Grand Rapids attorney Lucas McCarthy wrote in the complaint.
Tyler, 70, was involuntarily hospitalized on Jan. 2, 1986, over concerns he might commit suicide in response to an emotionally devastating divorce, McCarthy wrote.
Recent psychiatric evaluations showed that Tyler, who has no criminal record, isnt a risk to himself or others, and has no substance-abuse issues. The examination, including statements of his physician, showed no evidence of mental illness, records showed.
The evaluation noted that records of the 1986 hospitalization at now-closed Ypsilanti State Hospital no longer exist, and that there were few mental-health services available at the time in the rural area other than hospitalization.
Tyler filed the lawsuit after he tried to buy a firearm and obtain a concealed-pistol license. He enjoys shooting pistols competitively, and has always had firearms, reports said.
The Hillsdale County Sheriffs Department said he was prohibited from obtaining a firearm, the lawsuit said.
The Sheriffs Department provided Tyler a pamphlet, Guide for Appealing a Firearm Transfer Denial, which said the National Instant Criminal Background Check System showed this criteria prevented his obtaining a gun: Persons adjudicated as a mental defective or involuntarily committed to a mental institution or incompetent to handle their own affairs, court records showed.
Tyler then provided additional information about his situation to the FBI, which responded by confirming he was federally prohibited from owning a firearm, the lawsuit said.
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Second Amendment rights violated over long past mental-health issue, Hillsdale man says
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Greg Lukianoff: How Colleges Fight Free Speech – Video
Posted: at 7:12 am
27-07-2012 10:11 "You can get in trouble for saying almost anything these days on a college campus," says Greg Lukianoff, president of the Foundation for Individual Rights in Education (FIRE). Lukianoff's latest book, Unlearning Liberty: Campus Censorship and the End of American Debate, discusses 11 years of free speech restrictions and the how college bureaucrats have hampered open debate and encouraged a culture of uncritical thinking. Reason correspondent Kennedy sat down with Lukianoff at FreedomFest to discuss the book, his work at FIRE, and what students can do to fight back. Held each July in Las Vegas, FreedomFest is attended by over 2000 limited-government enthusiasts and libertarians a year. ReasonTV spoke with over two dozen speakers and attendees and will be releasing interviews over the coming weeks. About 4 minutes. Shot by Tracy Oppenhiemer and Alex Manning. Edited by Joshua Swain. Go to for downloadable versions and subscribe to our YouTube Channel to receive notifications when new material goes live.
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Greg Lukianoff: How Colleges Fight Free Speech - Video
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Freedom Summer: Art, Food and Performance at Raices Taller
Posted: July 27, 2012 at 5:17 am
Tucson Freedom Summer, in collaboration with Raices Taller 222 Art Gallery and Workshop presents HUITZILOPOCHLI the will to act, on Saturday, July 28, from 5 to 9 p.m. at 218 E. 6th St.
The fundraising event brings together performers and artists, and includes the work of Tucson artists David Tineo, Tanya Alvarez, Paco Velez, and others. Expect raffles, food, music and interactive art-making for the whole family, including a buffet courtesy of Las Cazuelitas. The event benefits the Save Ethnic Studies Raza Defense Fund.
From the press release:
This convergence has been sparked by the national acknowledgement of the far reaching implications of this attack. Tucson Freedom Summer has manifested itself in a series of events to both educate the community and raise funds for the legal costs associated with the lawsuit. Events include community forums, educational Encuentros, Sunday Freedom School, demonstrations, political canvassing, poetry, and many artistic expressions of support. On July 28th, Tucson Freedom Summer, in collaboration with Raices Taller 222 Art Gallery and Workshop, will be hosting an event that will highlight the epic historic struggle for Chicano civil rights in Tucson.
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Freedom Summer: Art, Food and Performance at Raices Taller
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Liberty for Youth finds new home in east end
Posted: at 5:16 am
Liberty for Youth has always been a cause that hit more than close to home for Frederick Dryden.
Next week, the local nonprofit, charitable organization will outgrow that home in both the physical and visionary senses.
Liberty for Youth, which focuses on intervention and prevention for youth at risk for gang involvement, poverty or negative environments, has been based in Drydens West 4th Street residence on the Mountain since 2003.
On Aug. 1, Dryden and his four other staff members are moving from the 600-square-feet basement office into a 3,200-square-feet former book store on King Street East in the citys east end.
Weve now totally outgrown this place, and the building will be a new exciting chapter, Dryden said. It will allow us to really grow, (and) provide support and housing for the youth in our programs returning to school.
The new space, east of Kenilworth Avenue, is expected to increase the charitys services by more than 55 per cent, Dryden said. This includes housing for a maximum of four high-risk young people finishing post-secondary education, a drop-in centre providing free meals and a potential program for teenage girls.
The agency was able to swing an $87,000 downpayment for the new facility after receiving two $10,000 donations, one from the Charity of Hope and the other from the Rexall Foundation.
It is rolling out a formal campaign this fall with the goal of raising $300,000 in three years to pay off the mortgage and do renovations.
Ron Foxcroft, the campaigns honorary chair, Fluke Transport CEO and founder of Fox 40 International, said the new premises in Ward 4 gives the charity instant credibility.
What it symbolizes to me is that it is a building where good things are happening through motivation and through hope, counselling and mentoring, he said. I think its a great symbol, and the location is perfect because Im really sold on the east end of Hamilton.
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Liberty for Youth finds new home in east end
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Where Do Airplane Safety Signs Come From?
Posted: at 5:16 am
No, not from the Illuminati. But close!
Enter the void (WexDub/Flickr)
So many visual elements go into creating the sterile and unpleasant design of airplanes. But none is more important than those neutral-looking safety graphics that feature people who look like upside-down exclamation points. These little guys get into all kinds of mischief. Sometimes they're trying to open the emergency exits. Sometimes they're strolling around the airplane bathroom, even when they're not supposed to be.
Daquella Manera/Flickr
Sometimes there is a big red X over the sink in the airplane bathroom, with two of the upside-down exclamation points flanking it.
jmatzick/Shutterstock
This means you will have to hold it in for hours.
And -- hey -- what gives with that cigarette sign? Haven't I seen you somewhere before?
twicepix/Flickr
In fact, they're everywhere! Ever notice how the handicapped symbol is the same from Alberta to Asuncin?
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Where Do Airplane Safety Signs Come From?
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Is responsible gun ownership possible in today's America?
Posted: at 5:15 am
Re "Second Amendment has limits" (Letters, July 26); I believe in the Second Amendment, yet even as a longtime gun owner I feel that many people today should never own a gun and this is why. Gun ownership belongs to responsible and accountable citizens.
Let's be honest, our society has slipped badly in the last 50 years. The lack of integrity and common sense has gutted the public's trust. I doubt our forefathers could have envisioned the decay we live with today, but the Constitution tells me they knew we would have our hands full.
The state of this country's mental health is the issue here. The Second Amendment and the NRA protects the rights of folks who still have their feet on the ground. Do something respectful today, I would find that refreshing.
-- W.S. Westlake, Sacramento
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Is responsible gun ownership possible in today's America?
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Some Constitutional Amendments Are More Equal Than Others
Posted: at 5:15 am
And, since 9/11, no amendment has been more equal than the Second Amendment.
Reuters
As the political debate about gun violence finally sounds out across the country in the wake of last week's Colorado theater massacre, as President Barack Obama and presumptiveRepublican nominee Mitt Romney begin to stake out their positions, I keep coming back in my mind to the ways in which America has treated gun rights differently from other rights since September 11, 2001. On paper, all constitutional amendments may be equal. But in practice, some amendments are more equal than others. And no amendment has been more equal in the past 11 years than the Second Amendment.
There is a financial component to this, expressed in the vast difference we spend to counter the threat of terrorism as opposed to the threat of gun violence. There is a practical component to it: in the wake of last week's shooting, theDenver Post reported that local gun sales were up 41 percent and that firearms instructors were seeing more requests for training for concealed-carry permits. And then there is the legal component -- the constitutional contrast, you could say -- expressed in how our Bill of Rights has been molded since the terror attacks of September 11, 2001.
Since the terror attacks nearly 11 years ago -- a period in which 14 Americans were killed domestically by Islamic extremists and approximately 334,000 Americans were killed domestically by gun violence -- there have been significant changes in the way the Bill of Rights has been interpreted by government. In virtually every one of those instances -- I can't name an exception, can you? -- the guarantees of individual liberty and freedom contained in the first ten amendments to the Constitution have been narrowed or undermined in the name of safety and national security.
From the TSA to drones to warrantless domestic surveillance, from water-boarding to secret prisons to law enforcement officials having access to your online accounts, the Bill of Rights has been winnowed since September 2001 as Americans have consented to re-shift the balance between security and liberty, between safety and privacy. Name a relevant amendment and some expert somewhere will tell you how all three branches of government have sought to expand State power over individual conduct (or even, as we saw in some of the hokier terror conspiracy cases, over individual thought).
Except for the Second Amendment. Bucking the trend, it has been a fabulous decade for the Second Amendment and those who cherish it. Since September 2001, the United States Supreme Court has twice (in Heller in 2008 and in McDonald in 2009) endorsed the concept that the Second Amendment contains an individual right to bear arms. In 2003, Congress attached to funding legislation the Tiahrt Amendment, a rider designed to restrict the use of federal gun-trace information. And in 2004, the federal ban on assault weapons was allowed to expired.
Today, despite statistics that tell us that approximately 33,000 Americans are killed each year by gun violence, and despite statistics that reveal that states with tougher gun restrictions have lower body counts from such violence, the Second Amendment is more broadly interpreted than it has ever before been. By contrast, in the name of fighting the war on terror, here is how the past 11 years have treated the other nine amendments that comprise the original Bill of Rights:
The First Amendment.Congress shall make no law respecting an establishment of religion, or prohibiting the free exercise thereof; or abridging the freedom of speech, or of the press; or the right of the people peaceably to assemble, and to petition the government for a redress of grievances.
As First Amendment Center scholar David Hudson, Jr. has pointed out, the weighty USA Patriot Act "directly implicated First Amendment freedoms." Hudson offered this analysis last year on Patriot Act provisions which enable government officials to obtain library records, health-care records, and business records. Meanwhile, in 2010 the Supreme Court, in Holder v. Humanitarian Law Project, endorsed the constitutionality of the Patriot Act's "material support" provision, which criminalizes a broad range of associative conduct. More recently, President Obama's National Defense Authorization Act has implicated the first amendment rights of journalists.
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Some Constitutional Amendments Are More Equal Than Others
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Liberty Mutual Announces Realignment; Names 4 Unit Executives
Posted: July 26, 2012 at 3:18 pm
Boston-headquartered insurance giant Liberty Mutual said it is realigning its strategic business units.
The company which reported $139 million profit for its 2012 second-quarter earlier Wednesday also named executives that will lead each of its four new strategic business units (SBUs).
The changes include: bringing together its regional company and commercial markets group; combining domestic personal lines business; and creating a global specialty unit combining Liberty International Underwriters, Liberty Mutual Reinsurance and Liberty Mutual Surety.
The insurer emphasized, however, that this is not a consolidation or reorganization.
This change is designed to make it easier for agents and customers to do business with us. It also will allow us to better leverage our scale and expertise by spreading best practices and investments in products, services and innovation across the global enterprise, Liberty Mutual spokesman John Cusolito told Insurance Journal.
We are realigning our strategic business units into four new SBUs effective immediately.
The company has informed its employees about the newly formed business units. Agents were to receive the communication regarding the change from the company on Wednesday, July 25.
The four newly realigned business units and the top executive for each unit are as follows:
Commercial Insurance, which will serve standard lines accounts of all sizes by providing one face to the agent and broker community. This business unit will offer commercial products and services from Liberty Mutuals commercial markets as well as Liberty Mutual Agency Corp.s regional companies.
The company said agents and brokers will benefit from continued regional focus and authority enhanced by greater national capabilities and resources.
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Liberty Mutual Announces Realignment; Names 4 Unit Executives
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