Sports Calendar

first_imgMEN’S BASKETBALL L.B. State at CS Fullerton, 7 p.m. JC SOFTBALL Chaffey at LBCC, 3 p.m. HORSE RACING Santa Anita, 1 p.m. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!center_img JC WOMEN’S BASKETBALL El Camino at LBCC, 5:30 p.m. NBA Hawks vs. Clippers, Staples Center, 7:30 p.m. last_img

Ask David Wessel

first_imgQ: One hears a lot about which foreign countries own the most U.S. debt. How much of the government debt do U.S. citizens and corporations own? Frank Skerbetz Thornton, Colo. A: As of the end of June 2005, the latest period for which detailed data are reported in the December 2005 issue of the government’s “Treasury Bulletin,” the federal government had debt outstanding of $7.8 trillion. Of this total, though, slightly more than $4 trillion was held in the Social Security trust fund and other government accounts or by the Federal Reser ve; that’s essentially money one arm of the government owes to another arm of the government. That leaves about $3.8 trillion. Of this amount, the Treasur y said, about $2 trillion, roughly 53%, was held by foreigners of all sor ts, from individual investors to foreign central banks. That leaves roughly $1.8 trillion held by Americans. The biggest chunk of that-nearly $850 billion-is owned by pension funds, insurance companies, mutual funds and banks. They are in the business of taking savings from those who have them and lending that money to those, including the federal government, who need it. An additional $430 billion in U.S. government debt is held by state and local governments. And there is more than $200 billion in oldfashioned savings bonds. The rest of the money is held by various investors, largely Americans although sometimes foreigners hold U.S. Treasur y bonds in U.S. accounts. Not included in any of these figures is the amount of U.S. currency held outside the countr y, often by foreigners who trust the dollar more than their own currencies. According to the Federal Reser ve, recent estimates show that between onehalf and twothirds of the $780 billion wor th of U.S. currency in circulation is held abroad. AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREGift Box shows no rust in San Antonio Stakes win at Santa Anita160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

Enron jury hears tapes

first_img “Mr. Skilling was very up to speed on what investor concerns were,” Koenig testified. Skilling told analysts on the call that Blockbuster hadn’t obtained the movies to provide video-on-demand, so Enron was “out getting the content ourselves.” He also sought to squelch rumors that Enron’s bandwidth-trading efforts were flailing: “This business is absolutely developing. It is ahead of plan, and I expect this to be a good business for us going forward.” Such optimism is common from CEOs on analyst calls. The question for jurors is whether Skilling knew his optimism was false. Investigations revealed later that neither video-on-demand nor bandwidth trading got off the ground. The day of the call, Enron stock opened at $55.09 and closed up $4.31, at $59.40. Earlier Wednesday, jurors got a taste of the self-congratulatory culture that permeated the company months before it filed for Chapter 11 bankruptcy protection in December 2001. Lay and Skilling occasionally headlined employee meetings during the company’s halcyon days that mixed rundowns of business operations with pep rallies. Jurors watched a lengthy videotape of the first such meeting Skilling led in February 2001 after he succeeded founder Lay as chief executive. During the nearly hourlong video, both Lay and Skilling spoke of Enron’s vision to be the world’s leading company as they basked in applause from employees. “This is it,” Skilling said as Lay pulled a cord to display a banner that said, “From World’s Leading Energy Company to World’s Leading Company.” On the tape, Skilling acknowledged that Enron’s earnings were a “black box,” meaning outsiders couldn’t ascertain how the company made money. “I’m sorry. It’s true. It’s just difficult for us to show people how money flows through, particularly the wholesale business,” he said on the videotape, referring to the division that included trading. But Skilling said Enron’s businesses were growing, so “that’s a good black box.” About nine months later, what was once the nation’s seventh-largest company collapsed amid revelations of billions of dollars in inflated profits and hidden debt. Skilling faces 31 counts of fraud, conspiracy, insider trading and lying to auditors, while Lay faces seven counts of fraud and conspiracy. Both face decades in prison if convicted. Both sold millions of dollars in stock before Enron went bankrupt, but only Skilling faces allegations of improper stock sales. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! HOUSTON – Nine months before Enron Corp. flamed out in bankruptcy, some investors were questioning the strength of its businesses despite public assurances from company founder Kenneth Lay and former Chief Executive Officer Jeffrey Skilling that all was well, jurors in their fraud and conspiracy trial learned Wednesday. Those questions and a stock price that dropped to less than $60 per share from its high of $90 in August 2000 prompted Skilling to hold a conference call in March 2001 to reassure Wall Street that Enron was healthy. “I have no idea why the stock is down,” Skilling told analysts who influenced the stock price. “I know this is a bad stock market, but Enron’s in good shape.” The audiotape was played as Enron’s former investor-relations chief, Mark Koenig, spent a fifth day on the witness stand. AD Quality Auto 360p 720p 1080p Top articles1/5READ MORESanta Anita opens winter meet Saturday with loaded card Prosecutors have played clips of videos and audiotapes to bolster allegations that Skilling and Lay repeatedly lied about Enron’s financial health and hid bad news to inflate company stock. But the defense teams wanted to play them in full to ensure that jurors heard the comments in context. U.S. District Judge Sim Lake acquiesced on the condition that they be played only once in their entirety in the trial expected to last months. The defendants contend there was no fraud at Enron and that its implosion stemmed from negative publicity that triggered a loss of market confidence. Koenig pleaded guilty in August 2004 to aiding and abetting securities fraud for lying to investors about Enron’s finances. He is among 16 ex-Enron executives who have pleaded guilty of crimes and are cooperating with prosecutors. Days before the March 2001 conference call, Enron announced that a 20-year video-on-demand partnership with Blockbuster Inc. was dead, a year after the company announced the deal with much fanfare as a venture that could bring in billions. Questions were generated by that about-face and other issues, such as the meltdown of the telecom industry just as Enron was pushing its plan to trade bandwidth. last_img read more

Pope Francis pays tribute to the late Bishop Edward Daly

first_imgBishop Edward Daly is being laid to rest today at Saint Eugene’s Cathedral in Derry after suffering from a short illness. In a message, Pope Francis extended his deepest condolences, saying that Bishop Daly had dedicated his life to the cause of peace and justice.Almost thirty priests are gathered around the alter as the requiem mass takes place, and attendees include President Michael D. Higgins, John Hume, and Deputy Martin Mc Guinness. When news of Daly’s passing spread, many politicians paid their respects, including Sinn Féin TD Pádraig MacLochlainn and Pat The Cope Gallagher.Bishop Daly is best known for an immense act of courage that seen him waving a blood-stained handkerchief while rushing to tend to wounded teenager Jackie Duddy (17) during Bloody Sunday in 1972.Bishop Daly anointed Jackie and gave him his Last Rites.May Bishop Daly Rest in Peace. Pope Francis pays tribute to the late Bishop Edward Daly was last modified: August 11th, 2016 by Elaine McCalligShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:bishop edward dalybloody sundayfuneralPope Francislast_img read more

Four Masters GAA club to get new kit next Tuesday thanks to Supervalu Kits for Clubs

first_imgSupervalu GAA kits for clubs – we will be presenting our GAA kits for clubs on Tuesday 13 th September at 5:30 pm to Four Masters-Donegal town, St.Nauls – Mountcharles, Naomh Brid Ballintra, Naomh Ultan – Dunkineely and Pettigo.Michael Murphy will be there on the night and will give a nutritional talk to the kids.We hope to see you all there. Only 10 days left to the Training pitch draw so please keep selling .Return stubs and money on Monday night at 9pm to committee members at Abbey Hotel Reception.Senior and reserves playing away to Sean Mac Cumhaill on Sunday 1:30pm and pm all support welcolme.Coaching Academy resumed last Saturday. The coaching academy for 4-7 year olds takes place in Tír Conaill Park from 11am to 12:15pm. children learn the basics of camogie ,hurling,and football in a fun and safe environment. New players and parents always welcome.Big date for your diary to all members, families and friends; Saturday 17 th September 3pm-5pm Fun Family day at Tír conaill park fun activities/races for underage, young,and not so young barbecue, music, craic, toddler area with games also. Be sure to be there a great afternoon for all will keep everyone updated through text facebook. Club Lotto:There was no winner of the lotto jackpot €2,400 in week 08 of the 2016/17 season draw held in the Abbey Hotel on the 5 th September 2016. The €50 winners in the lucky dip were Charles Martin Jnr , Ardatole, Michael Mc Groary, Drumrooske. The numbers drawn were 3, 8, 12 and 15. Congratulation to all winners. The next draw takes place on the the 12 th of September.Club Lotto: Renew Subscriptions, the club would ask all persons that are members of our lotto to pay annual subscription to sellers of to treasurer Paul Timoney 0872791305. New members are welcome with quarterly and half yearly subscriptions available.Club Notes: Any club managers, mentors or members who wish to have information included in the club notes should email fourmasterspro@gmail.com before Monday at lunchtime to ensure it is included.Four Masters GAA club to get new kit next Tuesday thanks to Supervalu Kits for Clubs was last modified: September 6th, 2016 by Elaine McCalligShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:four masterskits for clubsSuperValulast_img read more

MINISTER QUINN TAKES ON PROTESTERS’ CONCERNS BUT REFUSES TO MEET

first_imgMinister for Education Ruairi Quinn has snubbed parents who protested at this morning’s opening of the new Finn Valley College in Stranorlar.Minister Quinn said he would take on board the concerns of protesters but did not meet with them to hear their views. Parents claim they are being forced to send their children to different schools because new rules means they cannot avail of school transport.Deputy Dinny McGinley, who accompanied Minister Quinn, said he would convey the concerns to Junior Education Minister Ciaran Cannon.About 40 protesters greeted Minister Quinn when he arrived in the Twin Towns this morning.While welcoming the news that Minister Quinn will look at their case, a spokesman for the protest group said they were disappointed he did not take the time to meet them.   MINISTER QUINN TAKES ON PROTESTERS’ CONCERNS BUT REFUSES TO MEET was last modified: May 18th, 2012 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

Invaluable records from Donegal workhouses now available online

first_imgDonegal County Archives is celebrating 20 years this year and to mark this auspicious year, the Archives Service is delighted to announce that its most prestigious and invaluable collection of archives has now gone online. The public can now access the Poor Law Union/Board of Guardians/ Workhouses, 1840 – 1922, in partnership with the company Find My Past at: https://search.findmypast.ie/search-world-Records/donegal-workhouses-registers-and-minute-booksThese records can be accessed on the Find My Past website for a fee however, the website is free to view on public computers at County Donegal’s public libraries, but the computers must be booked in advance. More than 400,000 records from the Donegal workhouses, including admission and discharge registers, are contained in the digitised archives.These records are truly invaluable for the study of local, family and academic history of Ireland, particularly from the era of the Great Famine right through to partition in 1921 and the foundation of the Irish Free State in 1922. These records depict an Ireland that is unrecognisable to us today, rural and poverty stricken; large landed estates; and desperately poor tenants; under British rule; before partition.The archives tell the human stories of those families and individuals – our ancestors- who spent time in the dreaded workhouse due to desperate poverty or homelessness. The minutes and admission and discharge registers shine a spotlight into the lives of the poorest of the poor and those who were entrusted with assisting them, the masters, matrons, nurses, porters, attendants, teachers etc; the tradespeople who supplied the workhouses; and the rate collectors who were charged with collecting the tax that funded them. The workhouses were in Carndonagh, Glenties, Ballyshannon, Donegal, Milford, Letterkenny, Stranorlar and Dunfanaghy.  The oldest register is from Inishowen and covers the whole period of the Famine. There are over 900 records in total. The surviving records for Co. Donegal workhouses include admission and discharge registers, indoor relief registers for those who spent time resident in the workhouses. Survivals for registers differ for each workhouse, there are incomplete sets for some and very few for others. For the complete list of workhouse records please see http://www.donegalcoco.ie/culture/archives/countyarchivescollection/Donegal County Archive Service is located at the Three Rivers Centre, Lifford.  You can call +353 74 9172490, e-mail: archivist@donegalcoco.ie or follow on Facebook and Twitter. #archives20Invaluable records from Donegal workhouses now available online was last modified: July 2nd, 2019 by Rachel McLaughlinShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Donegal County Archiveslast_img read more

Gardai to launch clampdown on illegal parkers in Letterkenny

first_imgGardai in Letterkenny have warned illegal parkers that they are increasing their patrols for illegal parking.A Garda spokesman said the number of people double-parking and parking in disabled parking spaces has increased.Now they say they will be increasing tickets if people continue to flout the law. Garda Claire Rafferty warned that people parking illegally will face the consequences.“We want people to be aware that we will be issuing tickets for parking on footpaths, double parking and parking in disabled spaces.“People just want it handy and are taking chances,” said Garda Rafferty.Up to four traffic wardens already operate in Letterkenny. Gardai to launch clampdown on illegal parkers in Letterkenny was last modified: September 11th, 2019 by Staff WriterShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:illegalILLEGAL PARKINGletterkennyParkinglast_img read more

Higgins blasts his way to another win

first_imgKilburn middleweight Alan Higgins made it three stoppage victories out of three by knocking out Italian Matteo Cecchetto in the second round at York Hall in Bethnal Green.It followed a first-round win on his professional debut and another explosive display when he travelled to Finland to stop Richard Hadju in two rounds.The 24-year-old had a three-inch height advantage over the 5ft 9in Cecchetto and made it count, keeping his distance before taking his opponent out.See also:Higgins’ victory in 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 Follow West London Sport on TwitterFind us on Facebooklast_img read more

Editorials Lukewarm to ID, but Not as Hot to Darwin

first_imgA subtle shift seems to be taking place in media coverage of intelligent-design controversies in school boards across the country.  Darwinists used to be the unchallenged kings of the hill.  Alternatives, whether creationism or intelligent design, were disqualified before they reached the starting gate.  It also used to be “open season” on anti-Darwinists.  No vituperative rhetoric or impugning of motives was too strong for reporters in their treatment of the villains of creationism.  Several recent articles, however, show some cooling of the jets, and a little more attempt at balanced coverage by spokespersons from both sides:A Newsweek article by Jerry Adler began by asking, “How did life, in its infinite complexity, come to be?  A controversial new theory called ‘intelligent design’ asserts a supernatural agent was at work.”  In “Doubting Darwin,” Adler gives good coverage to both sides, though ending with the suggestion that theistic evolution would result in fewer conflicts.Diane Carroll in the Kansas City Star was certainly not partial to the intelligent-design side, but gave its spokespersons substantial coverage.  The main Darwinist objections she cited were in the “hidden agenda” category.David Klinghoffer, writing an op-ed in the Wall Street Journal, decried the branding of Stephen Meyer as a heretic after his ID paper was published in a peer-reviewed journal (see 09/24/2004 entry).  He characterized the uproar not as science vs. religion, but “an instance of one religion persecuting a rival, demanding loyalty from anyone who enters one of its churches–like the National Museum of Natural History.”Josh Kelley in The Arizona Republic actually gave most of his coverage to the intelligent design side, including Walt Brown, a young-earth creationist with a PhD involved in rewriting the state science standards.  Biochemist Michael Behe, who coined the phrase “irreducible complexity,” actually got the last word for a change.There are, naturally, plenty of the usual rabid anti-creationist articles out there still, like this editorial at the Boston Globe that calls evolution “the bedrock of biology” and warns against those who want to “sneak Genesis into the teaching of science,”  and Time Magazine’s hit piece against ID called “Stealth Attack on Evolution.”  But that’s not news.Big ships turn slowly.  While none of these articles endorses ID or gives Darwinism the interrogation it deserves, it does hint at a slight temperature change that can have big El Niño consequences later.  At least more and more reporters are listening to ID arguments and not dismissing them out of hand.  Here are some suggestions reporters should consider for their next articles:Design science has an illustrious history.  Most of the great scientists of history were religious people, like Newton, Boyle and Maxwell, who believed the universe was created.  Their religious beliefs didn’t hinder science, but, on the contrary, advanced it.The pure atheistic, naturalistic brand of science is relatively new.  The trend to discount Genesis dates primarily from the 18th century, but the overtly anti-religious, materialistic brand of science was championed by the likes of Huxley and Haeckel in the late 19th century to early 20th century.  These Darwin bulldogs knew nothing of modern genetics and biochemistry.Design is already an accepted part of several sciences, including archaeology, cryptography, information theory, criminology and SETI, yet is not dismissed there as being religiously motivated.  These examples prove that design detection can legitimately be part of scientific investigation, and that design explanations can be valid, without knowing the designer or his/her/its motives (especially in the case of SETI).  They also demonstrate that a design conclusion is not a cop-out, but can be a valid inference based on evidence.The controversies within Darwinism are deep and profound; they cannot merely be characterized as nitpicking about the mechanism while accepting the “fact” of evolution.  Is a fact without a mechanism really a fact at all?The evidence from microbiology has been trending steadily toward a design inference and away from a Darwinian inference.  We know things about genetics that Darwin and all the early evolutionists could not possibly have known.  These and other evidences, like the Cambrian explosion and the anthropic principle, pose new and severe challenges to the belief that life arose without a Designer (see 01/28/2005 entry).The points above are rarely mentioned in secular news reports about the intelligent design vs. Darwinism controversy.  It’s time to give them more prominence.(Visited 12 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more