Author of My Billion Year Contract reflects on life in elite Scientology group

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Author of My Billion Year Contract reflects on life in elite Scientology group
by YuA7sh8g ~ October 12th, 2018

Thursday, January 14, 2010

Wikinews interviewed author Nancy Many about her book My Billion Year Contract, and asked her about life working in the elite Scientology group known as the “Sea Org“. Many joined Scientology in the early 1970s, and after leaving in 1996 she later testified against the organization. Published in October, Many’s book has gone on to become one of the top selling new books on Scientology at Amazon.com.

US president Obama, Congress call for blocking of executive bonuses at AIG insurance company

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US president Obama, Congress call for blocking of executive bonuses at AIG insurance company
by YuA7sh8g ~ October 12th, 2018

Wednesday, March 18, 2009

United States President Barack Obama stated Monday that insurance giant AIG is in financial trouble due to “recklessness and greed,” and called for legal action to stop the company from giving out millions of dollars in bonuses to its executives.

“It’s hard to understand how derivative traders at AIG warranted any bonuses, much less $165 million in extra pay,” Obama said. “How do they justify this outrage to the taxpayers who are keeping the company afloat.”

Obama’s statement comes after reports surfaced last weekend saying the insurance agency, which is in deep financial trouble, had paid US$165 million to executives in bonuses, after receiving $170 billion as part of a government bailout plan.

AIG has said that the bonuses have to be given out, as the company is legally required by contract to do so. A representative with the National Economic Council, Lawrence H. Summers, also said that the bonuses were required to be given out. If AIG had refused to give out the bonuses, employees could file a lawsuit against the company for the money.

“We cannot attract and retain the best and the brightest talent to lead and staff the A.I.G. businesses — which are now being operated principally on behalf of American taxpayers — if employees believe their compensation is subject to continued and arbitrary adjustment by the U.S. Treasury,” AIG CEO Edward M. Liddy said in a letter addressed to Treasury Secretary Timothy F. Geithner on Saturday.

Liddy said that he asked Geithner “to use that leverage and pursue every legal avenue to block these bonuses and make the American taxpayers whole.”

“I want everybody to be clear that Secretary Geithner’s been on the case,” Obama said. “He’s working to resolve this matter with the new CEO, Edward Liddy, who, by the way, everybody needs to understand, came on board after the contracts that led to these bonuses were agreed to last year.”

If the bonuses cannot be stopped, the U.S. Congress says they want AIG to reimburse the government. Congress is looking to impose stiff new taxes on the pay, or ordering the company to return the money which was originally granted from a government bailout. In a letter to House Speaker Nancy Pelosi on Tuesday, senator Richard Shelby promised that the treasury will recover all of the money. Several U.S. senators along with Liddy have sent letters to AIG asking for the bonuses to be renegotiated, something AIG agreed to and says they will reduce future bonuses by 30%. Senators state that if Libby does not respond by renegotiating the bonuses, the Senate Finance Committee will propose an excise tax. Not only will an excise tax be proposed on AIG, but all companies receiving bailout money and their employees who receive bonuses.

What is the highest excise tax we can impose that will stand up in court? Let’s find out.

Numerous House Democrats have introduced legislation which would place a 100% tax on any bonuses of over $100,000 from companies that are receiving government bailout funds. Meanwhile in the Senate, a bipartisan proposal by Max Baucus (D-Montana) and Charles Grassley (R-Iowa) would levy a special 90% excise tax on AIG’s bonuses. Asked Senator Baucus, who chairs the Senate Finance Committee: “What is the highest excise tax we can impose that will stand up in court? Let’s find out.”

Iran to conduct missile defense exercise

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Iran to conduct missile defense exercise
by YuA7sh8g ~ October 11th, 2018

Saturday, September 26, 2009

The Iranian government has announced that the nation will be participating in a missile defense test which could take place as early as tomorrow.

According to the IRNA, Iran’s official news agency, the test is an annual exercise aimed to “maintain and develop” defense capabilities of the Iranian Revolutionary Guard.

The exercise is named ‘Great Prophet 4’ and will involve shooting a variety of live missiles at targets. Reports say the drill will be conducted in several unknown locations and will last for several days. The exercise also falls on the Jewish holiday of Yom Kippur.

The announcement comes just hours after the Iranian government stated that the nation was building a second nuclear power facility. The announcement was made in a September 21 letter from the Iranian government to the United Nations Security Council that a second nuclear plant was being constructed in the city of Qom.

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New Internet addresses tested on World IPv6 Day

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New Internet addresses tested on World IPv6 Day
by YuA7sh8g ~ October 11th, 2018

Wednesday, June 8, 2011

Online organisations around the world are today testing Internet Protocol Version 6 (IPv6) — a new system of Internet addresses hoped to resolve the issue of the present system being at capacity. World IPv6 Day is checking everything works as planned.

The current IPv4 standard was set up in the 1980s; it gives everything on the Internet a twelve-digit address and allows for 4.3 billion combinations. With these exhausted, IPv6 is designed to increase the limit 340 undecillion — that’s 340 trillion trillion trillion.

Major websites including services run by Google, Facebook, and Yahoo! are taking part in the test, switching their content to use the new system. Facebook predicts 99.97% of users to be unaffected and Google anticipates 99.5% will not encounter problems. The remainder may encounter slow page loading.

Fiji and Australia are among the first countries to have business-hours web traffic during the test. Internet Society of Australia President Tony Hill claims more than 100 global companies are involved.

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Green Accounting: Environmental Accounting?}

by YuA7sh8g ~ October 11th, 2018

Green Accounting: Environmental Accounting?

by

Erik Johnson

As we all know, businesses are formed to deliver services or produce products in order to earn a profit. In the 21st century accounting goes beyond the bottom line of black or red it includes green, too. With the growing green consumer awareness, companies are more than ever expected to align its business strategies with environmental initiatives. Environmentally conscious companies have already discovered that they can generate business strategies to help them reduce their carbon footprint, minimize their environmental impact, make the best use of natural resources, become more energy efficient, reduce costs, and exhibit social responsibility all at the same time.

Companies who are ready to become an integral part of President Obamas Green Economy through governmental initiatives will need to expand their accounting staff by hiring accountants who specialize in green or environmental accounting.

Green Accounting Definition

The term, green accounting, has been around since the 1980s, and is known as a management tool used for a variety of purposes, such as improving environmental performance, controlling costs, investing in cleaner technologies, developing greener processes and products, and forming decisions related to their business activities.

Green Management Accounting

According to the EPA, green or environmental management accounting is the identification, prioritization, quantification or qualification, and incorporation of environmental costs into business decisions. Green Management Accounting uses data about environmental costs and performance for business decisions. It collects cost, production, inventory, and waste cost and performance for business decisions. It collects cost, production, inventory, and waste cost and performance data in the accounting system to plan, evaluate, and control.

Environmental management accounting thus represents a combined approach which provides for the transition of data from financial accounting and cost accounting to increase material efficiency, reduce environmental impact and risk, and reduce costs of environmental protection.

Green or Environmental Accountants

Green accountants are held responsible to identify and track green costs often times working with site, research and development, and production managers when planning their budgets. In the past, such costs were buried in overhead preventing a clear picture of the cost savings and benefits to the product, process, system or facility responsible for the green initiatives.

Green accountants help management recognize that the tax benefits, rebates and lower costs of being environmentally friendly add up to a real bottom-line reward for doing the right thing.

“Public environmental, social and sustainability reporting is the main route through which corporate accountability and integrity can be demonstrated,” claims the London-based Association of Chartered Certified Accountants in its report, “Environmental, Social and Sustainability Reporting on the World Wide Web.”

To know more

What is Accounting

and

Green Accounting

visit www.accountingprogramsu.com

Article Source:

Green Accounting: Environmental Accounting?}

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US Senate panel approves healthcare reform bill

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US Senate panel approves healthcare reform bill
by YuA7sh8g ~ October 11th, 2018

Wednesday, October 14, 2009

The United States Senate Committee on Finance approved a proposal to reform health care on Tuesday, clearing it to move forward. The bill passed by a 14-9 vote, gaining support from the committee’s thirteen Democrats, and one Republican.

Senator Olympia Snowe was the only senator from the Republican party to back the bill. However, she said this might change as the bill moves through Congress.

There are many, many miles to go in this legislative journey

“There are many, many miles to go in this legislative journey. My vote today is my vote today. It doesn’t forecast what my vote will be tomorrow,” Snowe said.

President Barack Obama, who supports the bill as part of his effort to overhaul the country’s health care system, welcomed the committee’s vote. “We are closer than ever before to passing healthcare reform but we are not there yet. Now is not the time to pat ourselves on the back – now is the time to dig in further and get this done. In this final phase we should engage with each other with civility and seriousness that has brought us this far and that this subject deserves.”

The bill, which contains a ten-year plan with an estimated cost of US$829 billion, is aimed at lowering healthcare costs and increasing the affordability of insurance. Proponents will now seek to merge it with another bill from the Senate Committee on Health, Education, Labor and Pensions. Senate Finance Chairman Max Baucus emphasized, “Americans want us to craft a package that will get the 60 votes needed to pass.” He argued that the Finance bill was the best candidate to attract needed the centrist support.

Critics, however, have said that the proposed plan is too costly, and will cause the government to interfere too much into the private healthcare sector.

“We can now see clearly that the bill continues its march leftward,” said the senior Republican on the committee, Senator Charles Grassley. “This bill is already moving on a slippery slope to more government control of healthcare.”

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UN criticises Israel’s latest settlement plan, angry reaction from US and UK

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UN criticises Israel’s latest settlement plan, angry reaction from US and UK
by YuA7sh8g ~ October 11th, 2018

Thursday, November 19, 2009

United States and United Kingdom spokespeople have added to criticism from United Nations Secretary-General Ban Ki-moon that Israel’s decision to authorise a further 900 homes in east Jerusalem will “undermine efforts for peace and cast doubt on the viability of the two-state solution”.

A spokesperson for Ban Ki-moon stated, “The Secretary-General deplores the Government of Israel’s decision today to expand Gilo settlement, built on Palestinian territory occupied by Israel in the 1967 war.”

The US rebuked Israel for their decision. “We are dismayed at the Jerusalem planning committee’s decision to move forward on the approval process for the expansion of Gilo in Jerusalem,” said White House spokesperson Robert Gibbs. “At a time when we are working to relaunch negotiations, these actions make it more difficult for our efforts to succeed,” he said, referring to the attempts by the US to lead the peace process. “Neither party should engage in efforts or take actions that could unilaterally pre-empt, or appear to pre-empt, negotiations.”

US Department of State spokesperson Ian Kelly added, “We object to this, and we object to other Israeli practices in Jerusalem related to housing, including the continuing pattern of evictions and demolitions of Palestinian homes.”

The Secretary-General deplores the Government of Israel’s decision today to expand Gilo settlement, built on Palestinian territory occupied by Israel in the 1967 war.

The British consulate in Jerusalem issued a statement on behalf of Foreign Secretary David Miliband that read, “The Foreign Secretary has been very clear that a credible deal involves Jerusalem as a shared capital. Expanding settlements on occupied land in East Jerusalem makes that deal much harder. So this decision is wrong and we oppose it.”

According to Israel Army Radio, Prime Minister Benjamin Netanyahu rejected a request from the US Middle East envoy George Mitchell on Monday to halt building in the area on the grounds that that Gilo was “an integral part of Jerusalem”. “Prime Minister Netanyahu […] is willing to adopt the policy of the greatest possible restraint concerning growth in the West Bank, but this applies to the West Bank,” said the Prime Minister’s spokesperson Mark Regev. “Jerusalem is Israel’s capital and will remain as such.”

Following the suspension of peace talks last year, the Palestinian National Authority has demanded a halt to all construction of settlements before it will return to negotiations. President Mahmud Abbas said that the breakdown in talks left him with no choice but to seek international recognition of a Palestinian state unilaterally, despite requests from the United States and the European Union to resume peace talks. “We feel we are in a very difficult situation,” he said in Cairo after talks with his Egyptian counterpart Hosni Mubarak. “What is the solution for us? To remain suspended like this, not in peace? That is why I took this step.”

This comes as another blow to United States President Barack Obama, whose attempts at brokering a deal to halt settlement expansion are meeting with little success. With the credibility of the US leader diminishing, French President Nicolas Sarkozy has recently started meeting with a number of Middle East leaders in the past week, attempting to reconcile with Syria and meeting with King Abdullah of Saudi Arabia.

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Wikinews Shorts: December 9, 2008

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Wikinews Shorts: December 9, 2008
by YuA7sh8g ~ October 10th, 2018

A compilation of brief news reports for Tuesday, December 9, 2008.

Contents

  • 1 US media group Tribune files for bankruptcy protection
  • 2 Quebec votes in general election
  • 3 Bailout for US automakers nears agreement
 Contribute to Wikinews by expanding these briefs or add a new one.

The United States media group Tribune Company has filed for bankruptcy protection on Monday as it struggled to sort out its US$13 billion debt. It is the second-largest newspaper publisher in the United States, responsible for the Chicago Tribune and the Los Angeles Times, among others.

The firm has been hit hard by the industry-wide slump in newspaper advert revenues this year. Sam Zell, the billionaire who owns Tribune, took out large loans in order to buy the firm back in June of 2007.

The United States Chapter 11 bankruptcy protection law states that a company can continue trading whilst it sorts out its finances.

Sources


 This story has updates See Quebec’s Liberal premier Jean Charest wins third term 

The Quebec general election is underway in the Canadian province of Quebec. Premier Jean Charest called the elections, saying he needed a majority to guide Quebec through a period of economic difficulties caused by the worldwide financial crisis.

Polls indicate that the Charest may obtain a majority, with support for his Quebec Liberal Party increasing to 45%, while support for the Parti Québécois remains at around 30%.

The polls will close at 01:00 GMT (20:00 local time), and the results will probably come in soon after that.

Sources


The United States government is reportedly close to an agreement for a US$15 billion bailout plan for the country’s three largest auto firms.

According to a draft obtained by the Associated Press, the deal would give loans to Detroit‘s struggling Big Three automobile manufacturersFord, General Motors, and Chrysler — but under the condition that the auto industry restructures itself to survive. Another condition is that the incumbent US President, George W. Bush, would appoint an overseer to supervise the effort.

Analysts suggest that the agreement could be signed into law by the end of this week.

Sources


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How To Choose The Right Shower Chair

by YuA7sh8g ~ October 9th, 2018

How to Choose the Right Shower Chair

by

Ed Delaney

Shower chairs can be very great investments for people who need one. Despite the fact that these are pricier than any other ordinary chair, you can be sure you can make the most out of your investment if these items fit your needs. How will you then be able to assess if it is worth the money you spend for it? The secret lies in choosing the right shower chair.

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Shower chairs come in a variety of shapes and sizes. They also have a wide array of designs depending on your needs. The question then stated above can be answered by choosing a particular type of shower seat depending on your needs for it. Shower chair for those with mobility issues The perfect one in this case would be a special chair that has leg rollers on them. The leg rollers would serve you best if you have mobility issues basically because they can help you have an ease of manoeuvring the chair whilst you are inside the bathroom and taking a shower. The rollers can be used as you go through the shower’s lip. Some of you might worry about the fact that the chair might remain moving whilst you are taking a bath. Never fret. These chairs come with special locks that will hold them in place once you are under the shower. You simply have to let someone click that locking part for you. Shower chair for different user sizes Often, this special chair is advised to be used not only by one member of the family. When this is the case, it is best to invest in one that can adjust to any user size. There are many special chairs out there that can help you with this certain purpose. Therefore, you do not need to pay for two or more shower seats when in fact you can avail of the adjustable type. Portable versus retractable versions Apart from the other types mentioned above, there are yet other varieties to choose from. These are the portable and retractable chairs. The portable chair is highly recommended for those of you who have limited space in your bathroom. This can be easily carried out of the bathroom when someone else who does not need it will have to take a bath. The retractable version on the other hand is ideal for those of you who also want a chair that can be stored easily. As the name implies, retractable chairs can be folded. Aside from knowing the type that fits your needs, you can arrive at the right shower chair if you will consider all other factors. Perhaps, you would want one with a back support for convenience whilst taking the shower. Some of you may also consider the ease of cleaning. All of these should be put together before you make a final decision.

Ed Delaney is a UK resident who has used

shower chairs

to help from falling in the shower.

http://showerchairsuk.co.uk

Article Source:

How to Choose the Right Shower Chair

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NSW fraud squad recognised in Singapore

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NSW fraud squad recognised in Singapore
by YuA7sh8g ~ October 9th, 2018

Tuesday, July 4, 2006

The New South Wales police fraud squad have been recognised for their efforts and successes in credit and debit card fraud in Singapore last week according to a statement issued today. The award was presented at the Visa Asia Pacific Risk Management Conference.

The award recognises efforts made by police to reduce credit card skimming attacks. Skimming occurs when either an ATM or merchant’s terminal is modified to record a copy of a customer’s card. This data is then sold on the black market.

The award received by NSW police was one of three presented at the conference. The National Police Agency of Japan and the Economic Crime Investigation Departments of Shenzhen and Guandong Provinces of China were also acknowledged with awards.

Assistant Commissioner Graeme Morgan from the State Crime Command said the award recognised the amount of work done by the squad in reducing credit card fraud. “The effectiveness of the squad is demonstrated by the results achieved by these detectives, who are amongst the best in the world,” he said.

Detective Superintendent Colin Dyson, Commander of the fraud squad applauded his team for receiving the award. “It’s a reflection of the enthusiastic and thorough work being carried out by the squad’s detectives to dismantle organised crime groups, particularly recent strike forces that have led to significant arrests for credit card counterfeiting and skimming offences.”

Visa’s Executive Vice President for Australia and New Zealand, Bruce Mansfield, said that NSW Police play a key role in reducing credit card fraud in Australia. “In Australia, we are fortunate to have the best per-capita card security surveillance systems in the world and this is matched by a strong commitment from law enforcement agencies to fight and track down those trying to defraud the system.”

“NSW Police exemplifies this commitment with dedicated strike forces focusing on organised crime gangs, both local and international. It is playing a critical role in the dismantling of organised crime groups engaged in credit and debit card skimming,” Mr Mansfield said.

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