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Since the Bush government signed for a massive bailout of $700 billions, the people are wondering with different kind of questions. And even with the pumping of such massive assets by the government, the market doesn’t seem to recover yet. I am presenting before you some statistics and details of the grand bailout or TARP, which doesn’t seems to be working efficiently.
After the proposal for bailout came out, the question arises on from where the Fed is going to bring such massive amount of funds. The treasury had access to $250 billion, when the proposal was signed. Other $100 billions were left to the President. And the last $350 billions required Congress resolution.
The Major recipients of the bailout were AIG with $70 billions (10 percent!), Bank of America with $45 billions, Citigroup with $45 billions in cash and additional $5 billions in loan guarantee support.
Of $700 billions, Bush administration has committed for $379.8 billions, and handed $320.2 billions to Obama administration. Both Obama and Bush administrations combined committed $639.8 billions. So treasury is left with $60.2 billions uncommitted.
Tags: 700 billion bailout, tarp 700 billion dollars, tracking 700 billion bailout, usa bailout
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After Wall Street crisis, many people went jobless. The crisis has increased the un-employment to a four-year high. While America’s current unemployment numbers do not approach jobless rates of over 25% experienced during the Great Depression, the U.S. government has formulated a US$700 billion rescue plan to reduce further damage to the weakening global economy.
Un-employment has started its impact in US when the outsourcing has started to foreign countries. Now the US recession has increased more of the un-employment. In addition to this, there was pay-roll reduction in many industries, which resulted in dropping of many jobs countrywide.
The recruiting process in many states had shaken up. Some Seattle recruiters, who recruited the staff of headquarters of well-known global entities such as Starbuck's, Nordstrom, Eddie Bauer, and Washington Mutual, say that Seattle is just starting to feel the brutal impact of the economy with the collapse of WaMu (Washington Mutual). However, they say that this impact will not stay for longer time. They have subtended even the competitions like outsourcings; just they are waiting for good times to arrive.
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Salsa's roots can be traced back to Spanish immigrants and Africans that were brought to the Caribbean by the Spanish as slaves. In Africa it is very common to find people playing music with instruments like the conga and la pandereta, instruments commonly used in salsa. Salsa's most direct antecedent is Cuban son, which itself is a combination of African and European influences. Large son bands were very popular in Cuba beginning in the 1930s; these were largely septetos and sextetos, and they quickly spread to the United States. In the 1940s Cuban dance bands grew much larger, becoming mambo and charanga orchestras led by bandleaders like Arsenio Rodriguez and Felix Chappotin. In New York City in the '40s, at the center for mambo in the United States, the Palladium Dancehall, and in Mexico City, where a burgeoning film industry attracted Latin musicians, Cuban-style big bands were formed by Cubans and Puerto Ricans like Machito, Perez Prado, Tito Puente and Tito Rodriguez. New York began developing its own Cuban-derived sound, spurred by large-scale Latino immigration, the rise of local record labels due to the early 1940s musicians strike and the spread of the jukebox industry, and the craze for big band dance music to learn salsa.
Mambo was very jazz-influenced, and it was the mambo big bands that kept alive the large jazz band tradition while the mainstream current of jazz was moving on to the smaller bands of the bebop era. Throughout the 1950s Latin dance music, such as mambo, rumba and chachacha, was mainstream popular music in the United States and Europe. The '50s also saw a decline in popularity for mambo big bands, followed by the Cuban Revolution of 1959, which greatly inhibited contact between New York and Cuba. The result was a scene more dominated by Puerto Ricans than Cubans.
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Drug addiction is a major problem in the world from decades. But as technology has given us very useful and efficient ways to fight against the menace of drug addiction, those who can help don’t always seek and even the schools and organizations also provide employee drug testing programs for the employees and other drug testing programs for the children and individuals. Thus, it becomes necessary for family and friends to persuade drug victim by any means necessary.
The first step in the process of intervention is to ensure that many family members and friends as possible and to make each include a small speech on how they care for the person. Each should indicate that the drug treatment program to help the victim get his life back on track. It should also be stated from the outset that drug treatment is not a punishment-a way to start a life again.
Another good thing to emphasize is how drugs have affected the victim’s life. Maybe everything related to poor school attendance, make a fire work, lack of credit or house payment, or any number of things.
Seeking help for drug treatment sometimes takes a little more persistence on the part of family and friends. Drug treatment programs are available in even smaller towns, cities and even you can find home drug test, so finding a worthy program shouldn't take too long. The real problem is getting the drug addict in question to admit they have a problem and to seek help from a drug treatment program. If all else fails, be sure to exhibit tough love in hopes that in due time the drug addict will realize their mistake and opt for drug treatment.
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A diabetic sock is a sock which is specially designed for those with diabetes. Diabetes raises the blood sugar level, which can increase the risk of foot ulcers. Diabetic socks are made to control moisture, which can reduce the risk of infection, and they are made without seams or wrinkle-prone material to reduce pressure and blistering. Another benefit is a non-binding top. Loose tops constrict less and improve blood flow. This may help the large percentage of diabetics with neuropathy.
Diabetic Socks do not have to look different than regular socks. Lately, manufacturers have come up with different styles (low-cut or mid-calf.) Diabetic Socks come in colors too, but, if one has open wounds or sores usually white socks are recommended. Some diabetics are especially sensitive to socks that have course seams, constricting bands, and rough materials on the soles of the feet. There are socks designed specifically for diabetics that are non-binding and minimize constriction around the ankles and legs. With constant care and maintenance, the feet’s pain and infection can be minimized. Here are some tips that may help relive discomfort:
- Wash your feet daily with mild soap and tepid water.
- Trim your toenails carefully.
- Moisturize and rub your feet.
- Wear diabetic socks.
- Wear diabetic shoes.
- Be conscious about your feet and report any sores or infections to your doctor.
- At least four times a year, see your doctor for a regular foot checkup.
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A pedestrian scramble, also known as a Barnes Dance or exclusive pedestrian phase, is a pedestrian crossing system that stops all traffic and allows pedestrians to cross intersections in every direction at the same time. It was first used in Kansas City and Vancouver in the late 1940s, and has since then been adopted in many other cities and countries.
Naming
The name Barnes Dance comes from Henry Barnes; though he was not the inventor of the pedestrian scramble, he was the first to use the system on a large scale. In his autobiography, The Man With the Red and Green Eyes, he writes that a City Hall reporter, John Buchanan, first coined the phrase. In Japan, where over 300 such intersections exist, it is known as a scramble crossing
Pros and cons
The pedestrian scramble has both negative and positive aspects. It requires that traffic in all directions be stopped, creating lost time and reducing an intersection's vehicular capacity; it is also often difficult to ensure that an intersection is free of pedestrians at the end of the scramble time. For these reasons, some traffic engineering textbooks discourage the pedestrian scramble except in low-volume rural and suburban intersections where there may be a safety benefit.
However, intersections with high volumes of turning traffic as well as high pedestrian volumes can greatly benefit from a pedestrian scramble. Capacity decreases caused by lost time can be recaptured by eliminating capacity decreases caused by right- or left-turning vehicles blocking the intersection while waiting for pedestrians to cross
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A limited liability company (abbreviated by L.L.C. or LLC) in the law of many of the United States is a legal form of Business Company offering limited liability to its owners. It is often incorrectly called a "limited liability corporation" (instead of company). It is similar to a corporation, and is often a more flexible form of ownership, especially suitable for smaller companies with a limited number of owners. Unlike a regular corporation, limited liability company with one member would treated as a “disregarded entity” by the IRS.
Advantages of LLC
- Much less administrative paperwork and record keeping than a corporation.
- Pass-through taxation (i.e., no double taxation), unless the LLC elects to be taxed as a C corporation.
- Limited liability, meaning that the owners of the LLC, called "members," are protected from some liability for acts and debts of the LLC, but are still responsible for any debts beyond the fiscal capacity of the entity.
- Using default tax classification, profits are taxed personally at the member level, not at the LLC level.
- Check-the-box taxation. An LLC can elect to be taxed as a sole proprietor, partnership, S corporation or C corporation, providing much flexibility.
- LLCs in some states can be set up with just one natural person involved.
- Membership interests of LLCs can be assigned, and the economic benefits of those interests can be separated and assigned, providing the assignee with the economic benefits of distributions of profits/losses (like a partnership), without transferring the title to the membership.
- LLCs in most states are treated as entities separate from their members, whereas in other jurisdictions case law has developed deciding LLCs are not considered to have separate juridical standing from their members.
- Unless the LLC has chosen to be taxed as a corporation, income of the LLC generally retains its character, for instance as capital gains or as foreign sourced income, in the hands of the members.
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Cyclic stress in engineering refers is an internal distribution of forces (a stress) that changes over time in a repetitive fashion. As an example, consider one of the large wheels used to drive an aerial lift such as a ski lift. The wire cable wrapped around the wheel exerts a downward force on the wheel and the drive shaft supporting the wheel. Although the shaft, wheel, and cable move the force remains nearly vertical relative to the ground. Thus a point on the surface of the drive shaft will undergo tension when it is pointing towards the ground and compression when it is pointing to the sky. Because the wheel rotates many times during the use of the machine, this cycle of tension and compression is repeated many times — hence the name cyclic stress.
Types of cyclic stress
Cyclic stress is frequently encountered in rotating machinery where a bending moment is applied to a rotating part. This is called a cyclic bending stress and the aerial lift above is a good example. However, cyclic axial stresses and cyclic torsional stresses also exist. An example of cyclic axial stress would be a bungee cord, which must support the mass of people as they jump off structures such as bridges. When a person reaches the end of a cord, the cord deflects elastically and stops the person's descent. This creates a large axial stress in the cord. A fraction of the elastic potential energy stored in the cord is typically transferred back to the person, throwing the person upwards some fraction of the distance he or she fell. The person then falls on the cord again, inducing stress in the cord. This happens multiple times per jump. The same cord is used for several jumps, creating cyclical stresses in the cord that could eventually cause failure if not replaced.
Cyclical torsional stresses are stresses repetitively applied tangent to an axis. As an example, consider a compact disc drive. Each time a disc is inserted into the drive, a motor applies torque to the disc via a drive shaft. Once disc reaches the desired rotational velocity, relatively little torque is required to maintain the speed. Thus the torque varies over time as the drive spins up a disc and slows it down. Unlike the ski lift example above where the torque is relatively constant but the load due to cable tension created a bending moment, compact disc drive shafts have little to no bending moment applied but have a torque that varies significantly over time.
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March 2009 |
| 1 | 2 | 3 | 4 | 5 | 6 | 7 | | 8 | 9 | 10 | 11 | 12 | 13 | 14 | | 15 | 16 | 17 | 18 | 19 | 20 | 21 | | 22 | 23 | 24 | 25 | 26 | 27 | 28 | | 29 | 30 | 31 |
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