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Obama's backyard economics session

Barack Obama sat in registered nurse Mimi Vitello's sunny backyard in Van Nuys and listened as she and three other local voters talked about their worries over home loans and credit card debt. The presidential hopeful listened intently and said the mortgage and credit card industries were skewed against working Americans.

"The deck has been stacked in favor of the big banks and the big financial companies and not for the consumers and homeowners," he told the residents.

They sat around a table outside Vitello's modest home, which she bought with an interest-only loan. Now that loan worries her. "My income is not going to jump ahead, and here comes my interest-only [payment hikes] in a couple years," Vitello said.

Obama noted that foreclosures could cost California's economy $23 billion, and he blamed the federal government for not regulating lenders.


In Memoriam: Those We Lost in 2006

Gerald R. Ford,, 93 -- Thirty-eighth president of the United States, who ascended to the presidency in the wake of Richard Nixon's resignation. He was the only president never to be elected to national office. His pardon of Nixon helped heal the nation after the divisiveness of Watergate.

"My fellow Americans: our long national nightmare is over."

Saddam Hussein, 69 -- Former Iraqi dictator; deposed by the U.S.-led invasion in 2003, Hussein was put on trial for his crimes, convicted and executed.

James Brown, 73 -- Musician and entertainer whose legendary talent and innovative hits earned him the nickname, "Godfather of Soul."

Dec. 24, 2006

Joseph Barbera, 95 -- Cartoonist who collaborated with William Hanna to produce some of TV's most memorable animated characters.


BrazAlta Resources Corp. Announces New Director

Hensman is Chairman of the Board of Governors of CI Funds, Lead Director of Creststreet Power and Income Fund and a member of the Board of Directors of Rifco Inc. and Creststreet Mutual Fund Ltd.

BrazAlta is also pleased to announced that all matters presented to shareholders at the annual general and special meeting of shareholders held on November 14, 2007 were approved.

The board of directors now consists of, David R.P. Mears, John Ross MacMillan, Robert E. Wilson, Louis W. MacEachern, Douglas R. Anderson, Lyle F. Dunkley, Alessandro Novaes and Stuart Hensman.

BrazAlta is a publicly traded Canadian based international oil and gas corporation with operations in Brazil, Northern Ireland and Canada.

BCH Ltd. is BrazAlta's drilling services subsidiary which provides drilling and workover services in Brazil.


Inter Pipeline Fund Announces Record Third Quarter Results and ...

Successfully closed a $2.2 billion syndicated credit facility to finance the development and expansion of the Corridor pipeline system

- Subsequent to the quarter end, Shell Canada Energy's Orion oil sands project began transporting volumes on the Cold Lake pipeline system

(1) Please refer to the "Non-GAAP Financial Measures" section of the MD&A.

Sustainability of Cash Distributions

On June 22, 2007, the Federal Government's Tax Fairness Plan (part of Bill C-52) became law. As a result, publicly-traded flow-through entities such as income funds, royalty trusts and limited partnerships will be subject to taxation commencing January 1, 2011. In recent months there has been considerable debate within the investment community and the media regarding the sustainability of current cash distributions paid by such entities once they become taxable.


In home town, Russia's next leader gets a makeover

The racy tabloid Tvoi Den has quoted one retired teacher as saying that "my Dima" had a "chivalrous heart" and that she prayed for him daily.

During a visit by AFP the school's director, Nina Muzikantova, was similarly gushing, praising Medvedev and his ex-classmates for raising money to help needy retired teachers and a disabled child.

Battling the occasional blot on the school's image -- teenagers could be seen smoking on the front steps before class -- Muzikantova exhorted her charges to be on best behaviour amid the media interest.

"We're nervous for him and waiting for March 2 and hoping it goes as we want," she said in an office adorned with photos of Medvedev.

"I can't say he was an unusual boy but he was persistent and keen," recalled maths teacher Irina Grigorovskaya.


The Bell report on Ski Sunday, part two

Hi everyone, here's what's coming up on Ski Sunday this week (27 January, 1900-2000, BBC Two and BBC Sport website) and all the latest news from the slopes.

So another year goes by and still Bode Miller is without his Hahnenkamm downhill win.

Miller was lying in joint first with Mario Scheiber when Didier Cuche pushed them back into second. On camera, their reactions could not have been more different, Scheiber, who had skied the best run of his life shrugged it off with a smile, Miller stomped off.

For Miller a win on the Hahnenkamm would mean more than Olympic or World Championship golds.

What was worse for Miller is that he would have won comfortably if he had not run into the net at the foot of the Steilhang. In typical Miller style he managed to get both skis up onto the safety nets, yet still not lose too much speed.


Gas Industry 1991-2000

For the last 10 years, the gas industry has lived as if it were a state within the state. The government was too loyal to the gas monopolist, and even its privatization was conducted in the interests of the company's management. However, such benevolence did not come without a price: Gazprom regularly provided funds to patch up holes in the state budget and finance various political campaigns.

1991
A plan was elaborated to incorporate the gas infrastructure of Russia, the Ukraine and Belarus into one system. The state gas concern (GTK) Gazprom hoped to retain control over the most important parts of its vast property in the former USSR. Of the most significance was the Soviet gas transportation system. However, the plan failed, and Gazprom remained an exclusively Russian enterprise.


Proposal would allow more public art

Haines made news last year when he installed murals on the underside of the Lithia Way bridge without city or Oregon Department of Transportation permission. He later had to remove the murals.

Haines said the draft ordinance would not apply to the mural project because it is about public art on private property.

Under the proposed law, a property owner and artist could temporarily or permanently donate, license or lease art to the city of Ashland. The donor would maintain and insure the art.

Haines said the law would help the city avoid problems with a Supreme Court ruling on free speech rights. The Supreme Court held that government rules must be content-neutral. A government, for example, can make rules about the size, number and placement of commercial signs, but not the content of the signs, he said.



 

 

 

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