Friday, May 3, 2013

UK tallies the costs of an independent Scotland

Britain's international reputation ? and its nuclear deterrent ? are two of the concerns raised by members of Parliament , should Scotland vote for independence next year.

By Ian Evans,?Correspondent / May 1, 2013

The Statue of Robert the Bruce is seen at Bannockburn, site of a battle in 1314 against an English army, last year. British Prime Minister David Cameron said Scotland should hold an independence referendum as early as next year, clashing with the Scottish National Party (SNP) which wants more time to rally support for a break from the United Kingdom.

Russell Cheyne/Reuters/File

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A "yes" vote in next year?s Scottish independence referendum would damage Britain?s international reputation and incur unforseen costs for a new state, a committee of members of Parliament has concluded.

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The influential Commons Foreign Affairs Committee said that too many assumptions were also being made by the current nationalist government in Edinburgh on areas such as EU membership and its own state intelligence.

The MPs said Britain?s Foreign and Commonwealth Office was not doing enough to limit any potential impact of a yes vote in the referendum, which takes place in September 2014.?UK ministers have held back from discussing post-independence terms and agreements, possibly prompted by various opinion polls suggesting Scots will vote no.

The new report, however, entitled "Foreign Policy Considerations For The UK And Scotland In The Event Of Scotland Becoming An Independent Country," said there were too many remaining questions, such as the future of Britain?s Trident nuclear deterrent, which is based in Scotland; future Scottish EU membership; and diplomatic missions.

It states:???It is difficult to measure the impact on the RUK's [rest of the UK] international standing and influence in the event of Scotland becoming an independent country but we conclude that some degree of reputational damage is inevitable.?

Deputy First Minister Nicola Sturgeon of the Scottish National Party (SNP), which has pledged to remove Trident, welcomed parts of the report but said it was written by a "partisan" group opposed to independence.

She added: ?We have continued to press the UK Government to engage in constructive discussions and sharing of information prior to the referendum so that voters are as informed as possible about what happens next.?

Professor Robert Hazell, director of the Constitution Unit at University College London, said the UK government was justified in not doing so. ?I?ve always said that this is [Scottish First Minister] Alex Salmond and the SNP?s project, so let them do the running by explaining what it will mean and the benefits. Whenever he [Salmond] is asked about the detail, he always uses his default position: ?oh we?ll negotiate an agreement with the rest of the UK about the pound, power generation,? and the like, but he?s coming unstuck on that.

??I don?t think the Scottish people do understand the consequences leaving the UK will have on foreign policy. It?s being portrayed abroad as some internal, family row, but it?s not ? the UK is a leading member of the EU, NATO, of which Scotland is currently part, so it will have a big impact.?

Professor Hazell says he understood why Prime Minister David Cameron?s government was not entering a full debate. He adds: ?It?s difficult for the UK government because all the forecasts are fairly strong that the Scots are not going to vote for independence, so why should they spend already scarce resources making contingency plans? They also do not want to be seen ?greasing the slipway.? ?

Adam Hug, policy director at the Foreign Policy Centre, said there was lively debate in Scotland about independence but he had not noticed much about the potential effect south of the border. ?Clearly there will be a big impact economically and politically if Scotland votes for independence. In Europe, Scotland is seen as a pro-EU influence within the UK, particularly when compared to a potential England-dominated rest of the UK.

?Similarly, other states in Europe, like Spain with their Catalan and Basque independence movements, are keen to maintain their territorial integrity and so are looking at what happens.?

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/WVD2W4Eu2Qw/UK-tallies-the-costs-of-an-independent-Scotland

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Source: Boeing board approves new 777 sales

May 1 (Reuters) - Post position for Saturday's 139th Kentucky Derby at Churchill Downs after Wednesday's draw (listed as barrier, HORSE, jockey, trainer) 1. BLACK ONYX, Joe Bravo, Kelly Breen 2. OXBOW, Gary Stevens, D. Wayne Lukas 3. REVOLUTIONARY, Calvin Borel, Todd Pletcher 4. GOLDEN SOUL, Robby Albarado, Dallas Stewart 5. NORMANDY INVASION, Javier Castellano, Chad Brown 6. MYLUTE, Rosie Napravnik, Tom Amoss 7. GIANT FINISH, Jose Espinoza, Tony Dutrow 8. GOLDENCENTS, Kevin Krigger, Doug O'Neill 9. OVERANALYZE, Rafael Bejarano, Todd Pletcher 10. PALACE MALICE, Mike Smith, Todd Pletcher 11. ...

Source: http://news.yahoo.com/boeing-board-approves-777-sales-wsj-012952751.html

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Obama nominates Congressman for housing post

WASHINGTON (AP) ? President Barack Obama acted Wednesday to fill two top regulatory posts, tapping a veteran Democratic congressman to lead the Federal Housing Finance Agency at a pivotal time for the housing market and naming a top campaign fundraiser and former lobbyist to head the Federal Communications Commission.

Rep. Melvin Watt, D-N.C., would oversee the government-controlled mortgage lenders Fannie Mae and Freddie Mac just as the industry is beginning a comeback. He would succeed Edward DeMarco, an appointee of Republican President George W. Bush. DeMarco's refusal to allow Fannie and Freddie to reduce principal costs for homeowners at risk of foreclosure made him a target of housing advocates, liberal groups and Democratic lawmakers.

Watt, 67, has spent 20 years in the House, all of it on the Financial Services Committee, which oversees federal housing policy. Introducing Watt at the White House, Obama said the Charlotte-area congressman had led efforts to rein in unscrupulous mortgage lenders, protect consumers from the kind of risk-taking that led to the 2008 financial crisis and has championed increased access to affordable housing.

"Mel understands as well as anybody what caused the housing crisis," Obama said. "He knows what it's going to take to help responsible homeowners fully recover."

Watt's selection was praised by housing advocates, liberal groups and lawmakers in both political parties.

Tom Wheeler, former head of the Cellular Telecommunications and Internet Association, and the National Cable Television Association, would become the nation's top telecommunications regulator. He has been a venture capitalist since 2005 and he raised more than a half million dollars for Obama's re-election, according to data provided by the campaign.

Wheeler would replace Julius Genachowski, who announced his resignation in March. Obama spoke effusively on Wednesday about Genachowski, his pal from their days together at Harvard Law School.

Obama also sought to allay any concerns that Wheeler would be unable to effectively regulate an industry he once represented, saying Wheeler has spent more than 30 years at the forefront of dramatic change in a "communications universe that is growing and changing faster than you can tweet."

"He's like the Jim Brown of telecom, or the Bo Jackson of telecom," Obama joked, comparing the slender, bespectacled 67-year-old to the two former professional athletes. "So Tom knows this stuff inside and out."

Senate confirmation is required for both posts.

Obama said he would nominate FCC Commissioner Mignon Clyburn, a daughter of Assistant House Democratic Leader Jim Clyburn of South Carolina to lead the agency until Wheeler is confirmed.

Watt's nomination comes at a crucial time for Fannie Mae and Freddie Mac, which were rescued by the government at the height of the financial crisis in September 2008 as they neared collapse from losses on bad mortgage loans. Taxpayers spent about $170 billion on the rescue but so far have received about $55.2 billion in repayment.

Fannie and Freddie together own or guarantee about half of all U.S. mortgages, nearly 31 million home loans worth more than $5 trillion. Along with other federal agencies, they back roughly 90 percent of new mortgages.

Recent economic data shows the housing industry beginning a comeback since plunging into a depression during the financial crisis. Home prices are up, foreclosures are down and housing construction is rising. Moreover, Fannie Mae had its biggest yearly profit last year, earning $17.2 billion.

Meanwhile, a Congressional Budget Office report released Wednesday found that principal reduction for struggling borrowers by Fannie and Freddie would result in savings to taxpayers of up to $2.8 billion. It also would reduce mortgage defaults by between 18,000 and 95,000 and give a slight boost to economic growth, the report said.

Watt, a senior member of the House Financial Services Committee and former Congressional Black Caucus chairman, played an influential role in the passage of a financial regulatory overhaul in 2010. That legislation, however, did not address the fate of the major mortgage lenders, an issue likely to be revisited during Obama's second term.

In fact, two Republicans ? Sen. Bob Corker of Tennessee and Rep. Jeb Hensarling of Texas ? called on the administration to present a plan to overhaul the country's housing finance system.

"This gives new meaning to the adage that the fox is guarding the henhouse," said Corker, who sits on the Senate Banking, Housing and Urban Affairs Committee, in a written statement. "The debate around his nomination will illuminate for all Americans why Fannie and Freddie failed so miserably."

Corker said the administration should "explicitly lay out" its plans for dissolving Fannie and Freddie before the committee considers anyone for the FHFA's top job.

The administration presented such a plan in 2011, with the goal of shrinking the government's role in the mortgage finance system, but Congress has yet to decide on how to limit federal involvement.

Republican Sen. Richard Burr of North Carolina endorsed Watt, saying he looks forward to working with his former House colleague to encourage more involvement by the private sector in the housing and mortgage markets.

"Having served with Mel, I know of his commitment to sustainable federal housing programs and am confident he will work hard to protect taxpayers from future exposure to Fannie Mae and Freddie Mac," Burr said in a statement.

Treasury Secretary Jacob Lew said the administration still wants to work with Congress on overhauling the mortgage finance system.

Watt is the latest African-American and the second North Carolinian nominated to top government jobs this week. On Monday, Obama tapped Charlotte Mayor Anthony Foxx to become transportation secretary.

___

Associated Press writers Marcy Gordon, Jim Kuhnhenn and Nedra Pickler contributed to this report.

___

Follow Darlene Superville on Twitter: http://www.twitter.com/dsupervilleap

Source: http://news.yahoo.com/congressman-former-lobbyist-housing-fcc-nods-183624761.html

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Thursday, May 2, 2013

Consolidation Service Debt Settlement Versus Debt Consolidation

From Open Circuits

Consolidation services for debt settlement are often a better solution than debt consolidation. The individuals and families were able to avoid bankruptcy courts, and their debts were eliminated in as little as three years.

Many of the services for debt consolidation claim the process is free and simple of stress. On the other hand, the counselors are qualified to negotiate on your behalf, requesting lower payments and lower debts, sometimes even up to 70?%. Instead of dealing with the creditors individually, the counselor for debt management will handle this for you; this, too, will eliminate stress.

The balances you pay toward eliminating your debts are based on your income, and are often determined by 75?% living costs. If you have mortgage payments, then this will reduce the percentage of living costs, since the mortgage is a source of living and a source of debt. In other words, any service that offers debt relief or other types of service must factor in your cost of living.

Consolidation services for debt settlement are often a better solution than debt consolidation. Many of the services for debt consolidation claim the process is free and simple of stress. In other words, any service that offers debt relief or other types of service must factor in your cost of living.

Find out more on Crusader Consumer Services frauds

Source: http://www.opencircuits.com/index.php?title=Consolidation_Service_Debt_Settlement_Versus_Debt_Consolidation&diff=67968&oldid=prev

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Skype adds video voicemail to Windows desktop beta

Skype adds video voicemail preview to Windows desktop beta, Windows 8 users left hanging on the telephone

You'd think that with Skype firmly under Microsoft's control, the service would roll out new features to Windows first. Bizarrely, though, that's not the case. Skype's video voicemail feature, which previously soft launched on Android, iOS and OS X, is now coming to Windows 7 and up (a Windows 8 version should be forthcoming), hitting the company's end of April promise. The feature, still labeled a preview, works exactly as advertised, letting users record short video clips that can be sent to and viewed by any contact regardless of their OS. There's one caveat though: you'll need to install Skype 6.5 beta for Windows desktop and Flash to test it out. It's just a risk your vainglorious self will have to take for modernity.

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Source: Skype

Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/AM4yrK9ean0/

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Wednesday, May 1, 2013

Enter To Win A $100 GC In The @Kmart LocalAd Sweeps ...

KMART LocalAd

Would you like the opportunity to win $100? You can in the KMart LocalAd Sweeps, just for giving a couple minutes of your time.

KMart and Sears have become two of the first places we look for video games, amongst other items. That?s because they?re not only online, but they?re also nearby. I?ve purchased from Sears online and picked up the item in the store, which I thought was a nice thing to be able to do. Currently KMart is holding a fun sweeps. It?s super easy to enter. To enter, you start by going to ShopYourWay and following the KMart LocalAd page. Then you select five items that you most want from your local store, and save each of those products your wish list on ShopYourWay. That?s all there is to it. By taking these steps you?ll automatically be entered to win the gift card. Two additional entries are available to you for sharing the Sweeps with your friends ? one additional entry for sharing on Facebook and one additional entry for sharing on Twitter.

This sweeps is a no brainer. We all love to ?window shop? and imagine what we?d buy if we had the money. Now?s your chance to do exactly that and maybe win the money to get those things. If you won the KMart LocalAd Sweeps, what would you buy with your $100 Kmart Gift Card? If we won, we?d pick up some more video games for the kids, or maybe put it towards the Wii U that I?ve been wanting to try.

This is a sponsored post. I am a Sears blogger, though all opinions are my own.

Tags: Kmart

Category: Announcements

About the Author (Author Profile)

NJ Mom of 2 boys. Social media enthusiast. Blogger. Freelance marketing. I lLove cats. Ds Advocate. Listening to Hinder, P Roach & Rev Theory and lots of Oleander.
My name is Valerie, but I go by valmg online.
I am a mother to 2 boys ? TJ, a 17 year old, and CJ, a 13 year old with Down Syndrome.
I am a Jersey girl. I have three younger brothers, all of whom have children.
I HATE the misuse of the word retarded. I take it personally and find it very offensive.

Source: http://www.valmg.com/index.php/2013/enter-to-win-a-100-gc-in-the-kmart-localad-sweeps-sweeps/

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Log In with PayPal simplifies shopping, uses your account on merchant sites

Log In with PayPal simplifies shopping, uses your account on merchant sites

There's no shortage of single sign-on solutions out there. But whereas Facebook, Twitter and Google all have a heavy focus on social (obviously), PayPal's take on the field is built around commerce and privacy. Rather than requiring you to set up an account with every site you shop at, entering the same personal information over and over, the stalwart online payment firm wants you to use your PayPal identity across multiple merchants. It uses the same standard protocols (such as OAuth) as its social SSO relatives, but instead of posting meals or books to your feed it sends payment information to shops through a secure channel. When you feel like snagging yourself a pair of fly kicks, all you'd need to do is enter your username and password, or phone number and PIN. All other data, such as shipping and billing address and payment information, would then be passed on by PayPal automatically -- leaving you with nothing to do but admire what a beautiful pair of sneakers your precious Mr. Cuddlesworth makes. For more, check out the quick demo video after the break.

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Via: The Next Web

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Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/J6bC97zpPOc/

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