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Daily Archives: May 26, 2017
Mars, Jeannette, Freedom to make WPIAL baseball championship debut – Pittsburgh Post-Gazette
Posted: May 26, 2017 at 3:55 am
Pittsburgh Post-Gazette | Mars, Jeannette, Freedom to make WPIAL baseball championship debut Pittsburgh Post-Gazette Jeannette and Freedom baseball will head to their first WPIAL championships in their respective classifications Tuesday and Wednesday at Wild Things Park. Jeannette defeated Union, 7-3, in the 1A semifinal, and will face Greensburg Central Catholic ... |
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Mars, Jeannette, Freedom to make WPIAL baseball championship debut - Pittsburgh Post-Gazette
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Freedom Rock pays tribute to veterans this Memorial Day – KCCI Des Moines
Posted: at 3:55 am
DES MOINES, Iowa
In honor of Memorial Day, Ray Bubba Sorensen II has repainted a 12-foot-tall, 60-ton boulder along Highway 25 near Greenfield, paying tribute to Americas servicemen and women.
Sorensens Freedom Rock project has made headlines for years with his first painting of the Freedom Rock 18 years ago in his endeavor to honor veterans.
I always say I have three goals with The Freedom Rock Tour and that is to honor Americas Veterans, promote Iowa tourism and provide for my family, Sorensen said.
This years front side of the rock, which faces the highway, is in honor of Desmond Doss, whose story was brought to life in the movie, Hacksaw Ridge. Its about a Medal of Honor recipient who saved many men during the Battle of Okinawa.
The south side of the Freedom Rock features War Dogs, or Guardians of America. It honors dogs from World War I through the Iraq and Afghanistan wars, such as Sgt. Stubby, Smokey, Nemo and Lexi.
The east side will be the American flag flowing down into a piece honoring Master Sgt. Bob Ross, who is portrayed as painting a portrait of himself in the Air Force.
On the north side, Sorensen painted the Huey helicopter with green paint containing the ashes of fallen Vietnam Veterans. Above will be a piece honoring Lt. Col. Bruce Snakeshit Crandall and Ed W. Too Tall Freeman, who were Medal of Honor recipients.
Though it is Sorensens 19th year of painting the Freedom Rock, its his fifth year on the Freedom Rock Tour across Iowa. Its also the first year he began the 50 State Freedom Rock Tour, painting rocks in Missouri and Wisconsin.
Sorensen is not commissioned for his work on the original Freedom Rock in Menlo, but he works as an independent mural artist for the Iowa Freedom Rock Tour. Sorensen is only able to complete about 10 rocks a year due to scheduling and weather and is booked through to 2021.
The Freedom Rock Tour is sponsored by the Deb and Jeff Hansen Foundation, of Iowa Falls, and Aluma Trailers, of Bancroft.
For a list of complete counties booked for the Tour and locations of already existing Freedom Rocks, visit http://www.thefreedomrock.com.
Sorensen plans to be at The Freedom Rock over Memorial Day weekend, including Memorial Day to meet with visitors. Calendars as well as other merchandise are also available to help offset costs for the project.
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Freedom Rock pays tribute to veterans this Memorial Day - KCCI Des Moines
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A Freedom Caucus Republican says the foundation of the Trump budget is ‘a lie’ – Washington Post
Posted: at 3:55 am
Rep. Mark Sanford (R-S.C.) tore into President Trump's proposed budget in a hearing with the president's budget director Mick Mulvaney on May 24. (House Budget Committee)
President Trumps 2018 spending plan landed in front of the House Budget Committee on Wednesday, where Office of Management and Budget Director Mick Mulvaney heard plenty of criticism of the blueprint mainly from Democrats, with one outspoken exception.
Republican Mark Sanford a fellow South Carolinian who belongs to the House Freedom Caucus, the hard-right group Mulvaney helped found used his five minutes of questioning at the hearing to sharply challenge the bedrock of the Trump budget: an economic growth assumption of 3 percent, one that is sharply more optimistic than those projected in recent Obama administration budgets and by the nonpartisan Congressional Budget Office.
The difference between the 1.9 percent growth contemplated by those sources and the 3 percent growth contemplated by Trump and Mulvaney generates enough new revenue to allow the new presidential budget to balance within 10 years. But Sanford called it a lie.
I have looked every which way at how you might get there, and you cant get there, Sanford said after a short preamble in whichhe praised the administration for seeking to balance the budget and slash taxes and spending. I think it is just disastrously consequential to build a budget on 3 percent growth. The Bible says you cant build a house on a sandy foundation. What it does is it perpetuates a myth that we can go out there and balance a budget without touching entitlements. Its not only a myth, its frankly a lie, and if it gets started at the executive branch level it moves from there.
What this does is it [prevents] real debates from happening, Sanford continued. Legitimately, myself and Democratic colleagues can see things quite differently, but for us to have a real debate, we have to base it on real numbers. I would also say its important because Im a deficit hawk, as you well know, and if youre wrong on these numbers, it means all of a sudden weve created a $2-plus-trillion hole for our kids and grandkids here going forward.
From there, Sanford trotted out various data points to support his claim. He called the assumption at odds with the historical record pointing out that the current economic expansion of 94 months has already long outstripped the average American economic expansion: But what you presume in this budget is not only will we not have a recession though were in the third-longest economic expansion in history but its going to keep going for another 214 months. Its not only unprecedented; I would think that to be unreasonable. It assumes that the stars perfectly align with regard to economic drivers.
He moved on to the underlying fundamentals of economic growth: workforce, investment and productivity. To drive 3 percent growth, Sanford said, capital formation would have to rise to levels not seen in the United States since the mid-1970s, while baby-boomer retirements stand to exert a huge drag on savings. He said that labor participation growth would have to go to 1980s levels a time when many women were going to work for the first time and that even returning to a 90s level of labor participation would only nudge the overall economic growth needle.
It would require either radically opening immigration or a radical change to demographics as we are having 10,000 baby boomers retiring each day, Sanford said. If you look at productivity growth, it would require numbers, again, that we havent seen since the golden days of 1958 to 1967 in the final wave of electrification, consumer appliances and the completion of the highway system to achieve what were seeing. Even if we went to 1990 numbers, we would only see one-quarter of what is necessary to achieve 3 percent growth.
Mulvaney got barely a handful of words out in response before questioning moved on, but he defended the budgets growth assumptions in remarks to reporters Tuesday at the White House in a sort of prebuttal to Sanford.
We have been attacked, stunningly, by some folks on the left and even in the mainstream who say that thats an unreasonable assumption, Mulvaney said. We should stop and think how absurd that is to think that 3 percent growth in an American economy is to some people an absurd assumption. It used to be normal. Ten years ago it was normal. In fact, its been normal for the history of the country.
The 1.9 percent growth assumptions of the CBO and the Obama administration, he added, are something we simply reject.
That is a pessimistic look at what the potential for this country and for what this countrys people is, he continued. We reject that pessimism.
Mulvaney added: By the way, if you dont, the budget will never balance. If you assume 1.9 percent growth, my guess is youll never see a balanced budget again. So we refuse to accept that thats the new normal in this country. Three percent is the old normal. Three percent will be the new normal again under the Trump administration.
In an interview after Wednesdays hearing, Sanford said that he simply could not accept blind faith as a basis for the federal budget and suggested that he would not be inclined to support any budget that adopts a similarly rosy view of the United States economic future given its aging and slow-growing workforce and stagnant productivity gains.
Whatever your budget is, just base it on real numbers and then lets have a food fight, he said. But lets not base it on fooling the American public into believing that you can do all this because were going to have a Goldilocks economy that weve never seen before.
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A Freedom Caucus Republican says the foundation of the Trump budget is 'a lie' - Washington Post
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Freedom Caucus Chairman Mark Meadows breaks down in tears after learning how much the GOP’s health plan will … – The Week Magazine
Posted: at 3:55 am
President Trump arrived in Sicily on Thursday night for a G7 summit on Friday in the coastal town of Taormina with the leaders of Japan, Italy, Germany, France, Britain, and Canada. He will start the day with a meeting with Japanese Prime Minister Shinzo Abe, the only leader who wasn't with Trump in Brussels for a NATO summit on Thursday. "The day will feature a welcoming ceremony and concert at the remains of an ancient Greek temple, as well as a relentless number of meetings, many of which White House aides are hoping to keep short in order to keep Trump's attention," The Associated Press reports.
The topics of discussion will veer from tackling terrorism, which has broad consensus, to climate change and trade, where Trump is essentially the odd leader out. Migration and North Korea will also be big topics. "It's time for him to have an intimate discussion and understand their issues but, more importantly, for them to understand our issues," economic adviser Gary Cohn told reporters late Thursday, en route to Sicily.
The NATO summit ended with Trump scolding his 27 fellow leaders for not spending enough on defense and falling short of voluntary benchmarks, and declining to explicitly endorse NATO's Article 5 pledge of mutual support. The G7 summit might be a little better suited to Trump's skills, G7 experts say. "It is a forum made for Donald Trump's particular style. It is highly informal, highly interactive, and they speak in very colloquial language to each other," said John Kirton, director of the University of Toronto's G7 Research Group. "It is the ultimate lonely hearts club. No one understands how tough it is to have the top job except the peers with the top job in other countries."
Breaking with longstanding tradition, Trump has not held a press conference all trip, and he isn't expected to hold one in Sicily, the last stop on his nine-day tour, either. Peter Weber
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Discovering technology, engineering at camp – SFGate
Posted: at 3:55 am
Begin Slideshow 4
Campers at CodeREV Kids can learn different skills, including robotics, game design and engineering.
Campers at CodeREV Kids can learn different skills, including robotics, game design and engineering.
Activities at CodeREV Kids are project based so students are able to engage with the lessons and explore their own creativity.
Activities at CodeREV Kids are project based so students are able to engage with the lessons and explore their own creativity.
Courses for summer 2017 are organized into four tracks game design, programming, engineering and creative.
Courses for summer 2017 are organized into four tracks game design, programming, engineering and creative.
Bay Area locations include two in San Francisco, one in Mountain View and another in San Jose
Bay Area locations include two in San Francisco, one in Mountain View and another in San Jose
Discovering technology, engineering at camp
For the past three years, CodeREV Kids, a summer camp dedicated to teaching youth about coding and other technology fields, has grown to more than 10 locations. The rapid growth is a direct result of an increase in demand for these skills, said Bryan Curran, director of operations.
The CodeREV Kids curriculum, developed with the help of professors at Stanford, Massachusetts Institute of Technology and Harvard, is project based so students are able to engage with the lessons and explore their own creativity, Curran said. Campers are able to take home their work via email or Google Drive to share with family and friends or continue working on projects at home.
He added that no prior tech experience is necessary and students can pick and choose what they study if they attend multiple weeks.
Even if they just have a passive interest in technology, this is a great way for them to jump in and get their feet wet, Curran said. And with a lot to choose from, they can decide what subsection peaks their interest most.
CodeREV Kids was founded by Evan Boorman, a STEM teacher with more than 14 years of experience teaching students who both excel and struggle with STEM concepts. By learning coding, technology and robotics, students will begin to see how math and engineering can be used to build fun and useful things.
Camp groups have a 8-1 student-teacher ratio, but Curran said most are smaller, which allows campers to go more in-depth with what theyre learning. And the curriculum changes each week, so if campers only want to do the code-focused camp, they wont be repeating material.
Most kids do a bunch of different courses, but weve also had some kids do one the entire summer but there are different challenges and options each week, Curran said.
In addition to classroom work, campers will spend some of the day outdoors participating in games designed to exercise the body and mind while building social-emotional skills. Games include reverse tag, obstacle courses, capture the flag and freeze dance.
Courses for summer 2017 are organized into four tracks game design, programming, engineering and creative. Within those categories are several weeklong classes, including video game development, adventures in programming, REV robotics and 3D modeling among others.
These are all skills students will need as they enter the workforce, Curran said. Staff and instructors are experts in the fields they are teaching and Curran said many of them lead spring break and after school classes so they are equipped to teach tech concepts to children using easily digestible but relevant curriculum.
Tech is the fastest growing job sector on the market right now and with parents thinking about the future of their children's careers, even those who arent tech focused, are going to need these skills, he said. Theyre going to need to morph and adopt as technology changes [so] its really important for children to get their hands on these experiences from a young age.
But more than anything, Curran said he hopes students enjoy camp.
I want them to know theyre going to have a super awesome time this summer. We have a blast, he said.
The camps for ages 6 to 16 and they run from 9 a.m. to 3 p.m. daily. They start at $545 per week. Partial scholarships are available to students who qualify for free and reduced lunch and are awarded on a first come, first served basis.
CodeREV Kids
Bay Area locations include two in San Francisco, one in Mountain View and another in San Jose. To register or for more information visit coderevkids.com.
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There Will Be 30 Technology Companies In 2030, 10 in 2050, And Then There Will Be None – Forbes
Posted: at 3:55 am
Forbes | There Will Be 30 Technology Companies In 2030, 10 in 2050, And Then There Will Be None Forbes Two things are happening simultaneously. First, the old technology industry hardware, software, communications and services companies is rapidly consolidating. Second, technology companies and other vertical companies are morphing into entities ... |
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Unmanned parachute test proves not every technology at Edwards Air Force Base in eastern Kern is a billion-dollar … – The Bakersfield Californian
Posted: at 3:55 am
Edwards Air Force Base has tested billions of dollars in defense-related technology over the course of its history, from the sound barrier-busting Bell X-1 to the F-35 Joint Strike Fighter.
But this week, researchers at the base in eastern Kern County tested an innovative use of already existing technology cobbled together for a whopping 1,600 bucks.
On Tuesday, two teams at Edwards collaborated for the first flight test of what they described as a remotely piloted parachute system that could save thousands of dollars in operational testing costs, said Chris Klug, a technical advisor from the bases XCITE innovation team who sponsored the project from start to finish.
Its really similar to the hydraulics on a tractor, but its electrical rather than hydraulics, Klug said of the inexpensive system.
The 412th Operations Support Squadron Airdrop Research and Development Parachute Test Team now you know why the military uses acronyms and the innovation team worked together to develop the low-cost, locally built guidance system.
Theres been a renewed focus, Klug said, on harnessing the innovative minds of people throughout our organization. And this project, designed and built by team member Trever Bush, is just one example.
Before a new parachute is ever used by humans, it is dropped using mannequins, or dummies, specifically designed for parachute testing. Once clear of the aircraft, the mannequins are typically at the mercy of the winds as they obviously cannot control the toggles the parachute's control handles.
The remote system is designed to manipulate the toggles, Bush said, much the same way a live jumper would, allowing some control over the descent of the parachute and its cargo.
And on Tuesday, they tried it out for the first time, as seen in the video accompanying this story. An operator on the ground remotely controlled the toggles.
According to the team, this added control could save money by minimizing damage to the mannequins which cost $3,000 each and by cutting the time required to recover them after tests.
Also, when the parachutes fly off course theres more chance of incurring damage to the chutes themselves. At $15,000 a pop, thats not insignificant.
The quality of the test data is also improved.
The data becomes more valuable, Bush said. We are able to test the limits more without risking lives.
Bush thinks the technology could also be valuable in parachute cargo drops, and hopes to eventually begin testing for those heavier payloads.
Solutions to problems don't always have to be million-dollar ideas, Klug said. Sometimes they come from the minds of civilian employees at $1,600 a pop.
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Fracking, Now The Dominant Technology, Will Keep Oil Price Around $55: Goldman Sachs – Forbes
Posted: at 3:55 am
Forbes | Fracking, Now The Dominant Technology, Will Keep Oil Price Around $55: Goldman Sachs Forbes Oil prices may rise or fall in the short-term, but they will return to a range of $55 to $65 in the long term because that's the price of oil from fracking shale wells, the Goldman Sachs head of research said in Chicago Wednesday. Oil prices today were ... |
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Why Micron Technology Investors Are Ignoring This Downgrade – Motley Fool
Posted: at 3:55 am
A Goldman Sachs analyst thinks that Micron Technology's (NASDAQ:MU) terrific run on the stock market in the past year will hit a roadblock very soon. Mark Delaney earlier this month cut the high-flying memory specialist's rating from buy to neutral and reduced the price target to $30, indicating that the stock can't deliver any more upside.
Still, investors seem unfazed by the analyst's action and the stock is up slightly since the downgrade was reported May 8. Delaney believes that a potential weakness in DRAM memory prices is going to derail the chipmaker's growth, but the demand dynamics indicate otherwise.
Image source: Micron Technology.
Goldman Sachs' DRAM supply chain checks indicate that a 46% jump in capital spending in DRAM equipment over the past two quarters is leading to a slowdown in pricing. However, the DRAM market is traditionally weak during April and May as demand remains weak until the back-to-school season kicks in, according to DRAMeXchange.
The back half of the year is a seasonally strong one for DRAM demand as OEMs (original equipment manufacturers) start preparing for the holiday season, stocking up more inventory. Therefore, the recent spot price weakness seems seasonal.
Additionally, DRAM demand is set to hit a higher gear in 2017, thanks to an estimated 33% jump in average memory content in smartphones, per research from market intelligence firm TrendForce. Meanwhile, the average selling price of server DRAM used in data centers is rising as demand is exceeding supply.
The DRAM market is witnessing short supply at the moment as the likes of Samsung and SK Hynix are still using older processes to manufacture chips. This is great news for Micron as the chipmaker is already moving to the more advanced 18nm node, while Samsung and SK Hynix will start making the move later in the year.
This gives Micron a competitive advantage that should help it corner more of the DRAM market and take advantage of the tight supply. More importantly, DRAM prices should witness secular growth as their use in specialty applications such as graphics cards increases.
For instance, NVIDIA is using Micron's GDDR5X DRAM in its latest flagship graphics card. This could be a big deal for Micron as graphic card shipments are expected to boom in the next few years, and NVIDIA leads this space. IC Insights forecasts that the various catalysts will boost memory shipments at an annual pace of 5.6% until 2021.
Micron currently trades at a price-to-earnings ratio of 45 but potentially strong earnings growth over the next year puts its forward P/E multiple at just 5.6. This isn't surprising as analysts see Micron's earnings jumping from just $0.06 per share in fiscal year 2016 to $4.28 per share in fiscal 2017, which ends in September. What's more, Wall Street expects the bottom-line momentum to continue in FY 2018, with earnings predicted to grow to $5.13 per share.
Micron shouldn't find it too difficult to achieve the earnings estimates set by Wall Street as stronger DRAM prices and lower bit costs should push margins higher. For instance, Micron's second-quarter DRAM gross margin jumped 16 percentage points sequentially to 44%, taking its overall non-GAAP gross margin to 38.5%.
The massive jump was a result of a 6% drop in DRAM bit costs, and the good news is that Micron's bit costs should keep declining as the transition to the 18nm process continues. In fact, investment research firm Susquehanna forecasts that the new process could help Micron cut DRAM costs by 20% per gigabyte.
Investors haven't paid much heed to the recent downgrade, as you can see from the chart below.
MU data by YCharts
And that makes sense. There is still room for memory prices to grow, while Micron seems well-placed to reduce costs thanks to an advanced manufacturing process that will create a positive impact on its earnings and help drive more upside.
Harsh Chauhan has no position in any stocks mentioned. The Motley Fool owns shares of and recommends Nvidia. The Motley Fool has a disclosure policy.
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Zero progress in Hadassah cancer unit dispute – The Jerusalem Post
Posted: at 3:54 am
The Jerusalem Post | Zero progress in Hadassah cancer unit dispute The Jerusalem Post The dilemma of some 300 children with blood cancers whose six senior oncologists and three medical residents are due to leave the pediatric hemato-oncology department on June 4 is far from resolution. The doctors and the parents regard the solution ... |
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