Home / Daily Dose / Reforming Dodd-Frank to Unify the U.S. Economy The Best Markets For Residential Property Investors 2 days ago Previous: Small Cities Post Higher Credit Scores Than Big Ones Next: Carson: HOME, CDBG May Continue Under New Names Seth Welborn is a contributing writer for DS News. He is a Harding University graduate with a degree in English and a minor in writing, and has studied abroad in Athens, Greece. An East Texas native, he also works part-time as a photographer. Demand Propels Home Prices Upward 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Dodd-Frank Regulation 2017-04-14 Seth Welborn Sign up for DS News Daily Demand Propels Home Prices Upward 2 days ago Related Articles Reforming Dodd-Frank to Unify the U.S. Economy The Best Markets For Residential Property Investors 2 days ago Tagged with: Dodd-Frank Regulation April 14, 2017 1,349 Views Share Save Governmental Measures Target Expanded Access to Affordable Housing 2 days ago in Daily Dose, Featured, Government, News Print This Post The Week Ahead: Nearing the Forbearance Exit 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago About Author: Seth Welborn Servicers Navigate the Post-Pandemic World 2 days ago “For seven years now, the Dodd-Frank Act has stifled the American Dream—for half of the country,” said U.S. Representative David Kustoff (R-TN) in an opinion piece on CNBC. According to Kustoff, Dodd-Frank requires rolling back, and it has caused plenty of harm since then. Though it saved plenty of big banks during the recession, its regulation has stifled many smaller banks.“Our smaller communities and hopeful entrepreneurs have been shut out, said Kustoff. “Those who are seeking to start or grow their small business are incapable of accessing the capital necessary to merely plant both feet on the ground.”The long-term effect of Dodd-Frank has been the negative impact on community banks, regional banks, credit unions and other lenders. “These smaller financial institutions have their hands tied with onerous regulations and high compliance costs, and their ability to loan money is constrained,” said Kustoff.Kustoff recommends rolling back some of the regulations in order to ease that strain on small banks. He is currently working with Financial Services Committee Chairman Jeb Hensarling to make that happen, and change the current system“[Federal Reserve] Chair Yellen said that our nation is at full employment and that, while there is still room for improvement, wages are rising,” said Kustoff. “Chair Yellen should take a drive through West Tennessee. She would see how that may be true for the half of America that benefitted from Dodd-Frank. Unfortunately, Chair Yellen’s evaluation was not considering a dynamic economy—an economy that encourages new businesses, new job creation and new salaries.”Washington’s “one-size-fits-all” regulations have made lending difficult for small banks, and Dodd-Frank has cut off access to credit cards and home equity lines of credit, as credit-card issuance hit a record low of 50 million fewer accounts than before the recession.Now, the opportunity is right to start rolling back that regulation.“The Financial Services Committee has already hit the ground running on legislation that will dismantle Dodd-Frank and open the door for all Americans to achieve financial independence,” said Kustoff “I am encouraged by the ambitious and productive schedule Chairman Hensarling has mapped out.”He continued, “Dodd-Frank created two Americas, but I see a unified U.S. economy that serves all Americans.”Read Kustoff’s full story here. Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Subscribe
As the Orange walked off the court for the last time this weekend following a straight-sets defeat to Colorado, head coach Leonid Yelin emphasized the learning process with his young team.“It’s just a learning process,” Yelin said. “Very painful for everyone. There are just no other ways to be better other than learning.”The Orange’s youth showed this weekend in the Candlewood Suites Invitational as it lost three of the four matches in the tournament. Syracuse (1-5) lost to Stony Brook (3-4) 3-2 and beat Rutgers (3-4) 3-2 on Friday, and lost to Oakland (4-3) 3-1 and Colorado (5-1) 3-0 on Saturday.Yelin said he wants to see his players improving each match. He cited the lack of effort on improvement in his surprising decision to sit the second-leading point scorer on the team, Silvi Uattara, in the last match in the tournament against Colorado.Uattara also played significantly less than she usually does in the match against Rutgers on Friday.AdvertisementThis is placeholder text“I’m happy with some players who are improving, who are learning from mistakes.” Yelin said. “As you saw it, Silvi didn’t play today because I said, ‘If you’re not learning from your mistakes it doesn’t even matter how strong you are.’”In the match against Colorado that the Orange played without Uattara, several of the players were happy with the way the team played, even though it was the only match they played all weekend in which they failed to win a set.“We had a lot of energy,” freshman setter Erica Handley, who led the team with 35 assists against Colorado, said. “It was our most positive attitude I think on the court. We weren’t as tense as we normally are. We were just playing our game, just doing the best of our capabilities.”The Orange came very close to stealing the first set from the Buffaloes, as a kill from sophomore Gosia Wlaszczuk brought the set to 24-22 Colorado. But that would be as close as SU would get. Colorado closed out the next point.The Orange fought hard for the rest of the match. Leading scorer Nicolette Serratore brought the Orange within 23-19 on a strong kill, but Colorado won the next two points and took the third set 25-20.Yelin believes playing teams like Colorado can only help his young team learn.“When you lose to a team who you know (is ranked) much higher, it never hurts you,” Yelin said. “You’re not losing confidence. You’re losing confidence if you lose to a team you know you’re better than.”By the end of the weekend, Syracuse was playing lethargic. Four games in two days had clearly taken a toll, but Wlaszczuk doesn’t look to that as an excuse.“Tired is not excuse. Everyone is tired in this tournament,” Wlaszczuk said. “I would not say we played bad because we are tired. They also played two games yesterday. We just cannot play the way we are practicing I don’t know why.”After a 1-5 start to the season, Yelin emphasized correcting the errors the team is making, but also strengthening the areas they are having success in. SU’s five-set loss early in the day to Stony Brook served as the “learning lesson” Yelin hoped it would be and Syracuse turned around to beat Rutgers.“Most of the time, we are trying to show them what they did good,” Yelin said. “Now, you have to figure out why you did this, why it was clicking in this situation, and not that situation.” Comments Published on September 9, 2013 at 12:44 am Contact Ryan: [email protected] Facebook Twitter Google+
Facebook0Tweet0Pin0 Submitted by Rob Rice HomesRob Rice has been building quality homes in the Olympia Area since 1985.This past year marked a pivotal and exciting time for Rob Rice Homes. Not only did we build & sell more homes this year than last, but we also embarked on numerous new land developments. Here is a brief recap of last year’s notables:• We exceeded our sales goals for both the first and second quarters of 2013 resulting in a 4% increase in sales year over year.• We began working on our eighth new home community; Chestnut Village located in Olympia off of Yelm Highway & Rich Road. Sales in Chestnut Village are expected to begin late January. Consisting of 105 new homes, Chestnut Village is in the Olympia School District and a short drive to downtown Olympia, Tumwater & Lacey.• We continue to develop and build in Campus Highlands, located in the master planned community of Meridian Campus. We are now developing our third phase when at completion will encompass 90 new homes. We have three communities within Campus Highlands offering both 2-story and rambler plans with many lots available on the golf course of The Golf Club at Hawks Prairie.• Preliminary plat approval for Steilacoom Ridge in Lacey was granted in December of 2013. This community will have 295 new homes with site development to begin in late 2014 with new home sales to begin in late 2015.• Our Puyallup community, the Villages at South Hill phase 1 is nearly sold out. Development has begun on phase 2 of this community. The Villages @ South Hill offers Pierce County buyers all the beauty and finite design of a Rob Rice Homes community with a location that can’t be beat. We are located directly off of the 512, just east of the South Hill mall on 39th, prior to the Meridian Road traffic.• We support many non-profit organizations in our communities, most notably the Hands on Children’s Museum, YMCA, Boys & Girls Club and Saint Martin’s University. In 2013 we added another community service organization: Concern for Animals to the list. Our organization along with many of our sub-contractors assisted Concern for Animals with a complete remodel of their office building in Olympia. With our partners, we donated over $21,000.00. Concern for Animals helps thousands of people and their pets with food, veterinary care and adoption assistance.2013 was a great year for us with many accomplishments but all of our efforts would be fruitless without the dedication of our buyers, our sub-contractors, realtor partners and employees. We thank you all and look forward to yet another successful 2014!About Rob Rice: New home builder Rob Rice has lived in the South Puget Sound area since 1985 and resides in Olympia, WA. with his wife Helena, their two sons, Carson and Alex Michael and their two dogs. Rob is a graduate of Washington State University with a degree in architecture and construction management. He has built over 3,000 homes in Thurston County and currently building new home communities in Lewis, Thurston & Pierce County. For more information, visit Rob Rice Homes website.
Image Courtesy: PescaraAdvertisement mqjkNBA Finals | Brooklyn VstcWingsuit rodeo📽Sindre Eox5i( IG: @_aubreyfisher @imraino ) u933qa5Would you ever consider trying this?😱8088gCan your students do this? 🌚1byRoller skating! Powered by Firework Since the novel Coronavirus has spread outside China, Italy has been one of the worst affected countries in the deadly pandemic. There has been over 24,000 deaths till date, the second highest death toll in the world. Going through such a rough time, there has been, however, one cheerful news out of all the tragic ones has emerged from the country. A kid’s drawing on depicting humanity’s fight against the COVID-19 virus has been adopted by Italian club Pescara to be used on their jersey for the next season!Advertisement Image Courtesy: PescaraWith all sports activity now halted in Italy due to the virus outbreak, Pescara, who compete in the Serie B, organised a drawing competition termed “Design the Special Jersey of the Dolphin” for their young fans, who are now confined in their homes due to the nationwide lock down.With the motto of “give a kick to Covid-19”, the drawing competition’s winning design was announced to be featured on the club’s jersey in the upcoming season.Advertisement The competition received numerous inputs, but the drawing of Luigi D’Agostino, a six year old boy has been voted as the winner. The design, where a dolphin, the club’s official symbol, is seen coming out of the sea to hit a football, with a huge rainbow in the backdrop of the picture.The beautiful drawing, and its design on the club’s first team jersey was shared on Pescara’s official Twitter handle.Advertisement Pescara’s kits are manufactured by Italian sports equipment company Erreà, which also felicitated Luigi’s spectacular design. “We will make the winning jersey,” the company was quoted on the club’s official website. The young boy has also received an invitation to spend a day at the Erreà’s headquarters in Torrile, Parma.Along with being the first team kit, the jersey will also be available for the supporters to purchase.Founded in 1936, Pescara has won two Serie B seasons, in 1986-87 and again in 2011-12. They have competed in seven Serie A seasons, last in 2016-17, the year when they were relagated to Serie B. Their home ground is the Stadio Adriatico – Giovanni Cornacchia.If you like reading about MMA, make sure you check out MMAIndia.com Also follow India’s biggest arm wrestling tournament at ProPanja.comAlso read-India’s fittest pay tribute to India’s finest in social media touch of classLegendary runner Milkha Singh’s daughter is a doctor fighting Covid-19 in New York! Advertisement
By John BurtonRED BANK – If the New York City grand jury deciding the Eric Garner chokehold death case were made up of a group of commuters at the Red Bank train station the outcome would have clearly been different.A random sampling of a diverse group of those arriving and departing on NJ Transit trains Wednesday evening, following the grand jury decision to not indict NYPD Officer Daniel Pantaleo in the July 17 death of Garner had many of them expressing disappointment, in some cases anger and resignation and even some offering support for the decision.“Racism is alive and well in America,” offered one Asbury Park woman, who declined to give her name, as she waited for the train home.“It was unfair,” that decision to not indict, said Felicia Johnson, Brick. “The video itself showed it was unnecessary. There was no reason to do that,” she continued, referring to the officer’s action to place Garner under arrest resulting in a struggle.“It’s wrong they keep getting away with that,” Johnson continued, meaning police and referencing the shooting of unarmed Ferguson, Missouri, youth Michael Brown by a local police officer and that grand jury’s decision to not indict.Daniel Farley, who works in New York and lives in Metuchen, said he initially wasn’t aware of the grand jury’s decision until he checked his smart phone on the train. “Ferguson was a different ball of wax,” believing there was some question there. “There should have been an indictment here,” he said.Walking to catch the train Farley said there didn’t appear to be any disruption in Manhattan—at least none he was aware of. “I didn’t see anything. I just kept my head down and kept going,” he said. “Like always.”And he didn’t think there would be, at least not to the level that occurred in Ferguson, he added.“I’m sure there won’t be violence,” thought Ethan Ledley.But as Ledley spoke, CNN was reporting that demonstrations were beginning to get underway around New York with participants holding signs with “I Can’t Breathe” written on them.Ledley lives in Brooklyn, New York, and was in Tinton Falls Wednesday on business. “I’d think it’s unfortunate,” but not an entirely unexpected decision, he said. Given this incident and outcome, “There definitely needs to be some changes made with the NYPD” in education and training, Ledley said.In light of the jury’s decision, New York Mayor Bill de Blasio Wednesday called for calm.“You can call for it, it don’t mean you’re going to get it,” responded Danny Corrick, who was waiting to get home to Newark.“There’s no difference between this and Ferguson,” Corrick said. “In both cases somebody died—unnecessarily.”Carlo Rivera, a Red Bank resident returning from Jersey City, saw it differently. “The police have to protect themselves,” he said, adding the grand jury “should give him a break,” referring to Pantaleo. Rivera, however, said “They”—meaning police—“need to learn how to deal with the disabled.”Garner was accused of selling illegal loose cigarettes on a Staten Island street this summer when he was approached by police who attempted to place him under arrest and a scuffle erupted. Police used a chokehold with Garner, who was unarmed and suffered from asthma and diabetes, complaining, “I can’t breath,” and resulting in his death. The incident was captured on video by an onlooker and has been widely broadcast.
University of the People president (UoPeople) and founder, Shai Reshef, is in South Africa to offer at least 100 deserving high school students scholarships to the university. President Shai Reshef in Haiti. So far, students from 138 countries have been accepted into the university, with 1 000 more expected from Africa in 2014. Classes are held online, and are small, with just 20-30 students per class.(Images: Shai Reshef)MEDIA CONTACTS• Kirsty Thompson Integrate Marketing CommunicationsWatt Communications+27 11 425 6290RELATED ARTICLES• Education in South Africa • Zuma: South Africa to meet 2015 education goal • South Africa prioritises quality education • Unisa stands proud at 140 years • South Africa’s mother tongue education challengeMelissa Jane CookUniversity of the People president (UoPeople) and founder, Shai Reshef, is in South Africa to offer at least 100 deserving high school students scholarships to the university.The University of the People is a non-profit, tuition-free, online university that provides tertiary education to qualified high school graduates.Reshef says, “University is expensive and there are a lot of factors that can deny an individual access, including financial, geographic, societal, or personal constraints.”Earlier this year, UoPeople announced a drive to expand its footprint by reaching out to African students.Commemorating International Youth Day on August 12, Microsoft announced that the university would be its first implementing partner for its 4Afrika scholarship programme, which, in addition to providing funds for students at UoPeople, will provide mentorship, leadership and technical training, certification, and employment opportunities for at least 1 000 promising African students.Microsoft employees will mentor students, who can expect internships and job opportunities within the company and its more than 10 000 partners across Africa.“We are also seeking out other corporations that may take up the challenge to sponsor more students in Africa and we anticipate that South Africa will be a major source country for our scholarship programmes,” said Reshef.So far, students from 138 countries have been accepted into the university, with 1 000 more expected from Africa in 2014. Classes are held online, and are small, with just 20-30 students per class.Reshef says, “University of the People is opening its doors to South African students and is engaging with many other corporates and funding institutions to implement similar programmes, which will level the playing field for talented young African minds who might not otherwise have the resources, enabling them to have access to education and skills for accelerated economic development in Africa.”Education to change the worldFounded in 2009, UoPeople has partnered with several corporates, and educational institutions such as Yale University for research, and New York University, to accept students. The university works with Microsoft on scholarships and has access to its certificate programmes, mentoring, internships and employment opportunities; and with Hewlett-Packard (HP) for general support, scholarships for women, and internships.Reshef admits there “are not enough women in these programmes. Only about 25% are women and in sub-Saharan Africa, only about 10%. HP and Microsoft are very supportive of women joining the online programmes”.The organisation has gained widespread support from leading academics with its President’s Council chaired by New York University President John Sexton and including Oxford Vice-Chancellor Sir Colin Lucas; rector emeritus of the Academy of Paris, Michèle Gendreau-Massaloux; and Berkeley Chancellor Nicholas Dirks, among others. The university is also supported by The Gates Foundation, the Carnegie Corporation, the Hewlett Foundation and companies such as Google, Western Union and Estée Lauder. Its page on social networking site Facebook has more than a million supporters.“Increasing access to post-secondary education in Africa will create a significant impact on the African youth. By empowering them to be the future generation leaders of their communities, countries and the continent, equipped with world-class education, we believe they will be able to take Africa to its rightful place on the world stage” says Reshef.Named a top 100 Global Thinker of 2012 by Foreign Policy magazine, Reshef has 20 years’ experience in education entrepreneurship. He has been named one of business magazine Fast Company’s 100 Most Creative People in Business, joined the United Nations’s information technology development department as a high-level advisor, was selected by the Huffington Post readership as an Ultimate Game Changer in Education, and nominated as one of technology magazine Wired’s 50 People Changing the World.Reshef says: “I want to impact the world through education. If you educate one individual you can change a life; if you educate many you can change the world.”Reshef says that by 2025 more than one million people will be deprived of education as there are not enough facilities, and no place for prospective candidates, but that everything needed to make higher learning accessible is available on the internet; “There is no better invention than online studying – the ability to enable people and offer education for all.“There is no discrimination at this university, there is room for everyone. It’s a viable option that can suit many that are unable to be on a tertiary campus.”
Improved energy efficiency, utility incentives, and a federal tax credit aren’t going to be enough to save GE’s GeoSpring heat-pump water heater.According to published reports, GE Appliances will stop manufacturing the water heaters at the end of the year because of low sales, just four years after the energy-efficient appliances were introduced.Editor’s note: Since this story was originally published, there has been an important development, reported here: Bradford White Buys GeoSpring Rights and Equipment. WDRB.com reported that the suspension of operations will affect about 300 hourly workers at the Louisville, Kentucky, Appliance Park. Kim Freeman, a spokeswoman, said the workers would go to other jobs in the factory.The hybrid appliances use the same technology as air-source heat pumps. A closed loop of refrigerant that is compressed into a liquid and returned to a gaseous state captures heat in the air and transfers the heat to water stored in an insulated tank. Heat-pump water heaters operate at an annual coefficient of performance (COP) twice that of a conventional electric-resistance water heater, according to a report from the National Renewable Energy Laboratory. But the water heaters cost two or three times as much as a conventional electric-resistance water heater, Freeman said. GeoSpring water heaters are made in two sizes, 50-gallon and 80-gallon. Lowe’s lists the 50-gallon model for $999 and the 80-gallon unit at $1,599, while a Whirlpool 50-gallon electric-resistance water heater sells for $399. Hundreds of dollars in annual savingsAt the GeoSpring website, the manufacturer said the units could save as much as $330 in water heating costs annually for a family of four and up to $490 annually for a family of five to six people.Despite those savings, as well as a variety of incentives offered by state efficiency programs and the federal government, heat-pump water heaters apparently aren’t selling in very high numbers. Freeman wouldn’t say how many GeoSpring heaters the company produced, but she said heat-pump water heaters account for about 2% of the market and add up to about 60,000 units per year.“We lose millions of dollars on GeoSpring every year,” Freeman told WDRB.Heat-pump water heaters are made by a number of companies, including Rheem, Stiebel Eltron, A.O. Smith and Reliance. AirGenerate, which manufactured the AirTap heat-pump water heaters, reportedly went out of business. Heat-Pump Water Heaters Come of AgeHeat-Pump Water HeatersAll About Water Heaters RELATED ARTICLES
What Nobody Teaches You About Getting Your Star… How OKR’s Completely Transformed Our Culture Related Posts tim devaney and tom stein A lot of people in Silicon Valley are down on job-hoppers these days. They’re flaky, they’re bad employees, they steal all the Sharpies when they leave, blah, blah, blah. But it turns out that all that job-hopping is an important part of what makes the Valley so special. Everyone loves a good game of musical chairs. The tune kicks on, everyone jumps up and runs in a circle laughing and the party is good. That’s Silicon Valley over the past few years. A lot of people whirling around and having a grand old time. But what would happen if the music started and nobody got up to play? What if companies want to hire but all the workers stay firmly seated in their current positions?The truth is that Silicon Valley startups depend on job-hoppers to fill their open positions – and a lot of them would struggle if the job-hoppers stopped hopping.Job Hopping Makes Silicon Valley Hum“That’s why employers populate Silicon Valley, because they have access to great talent,” said Kathryn Shaw, a professor at the Stanford Graduate School of Business, who researches ways that firms attract top talent in knowledge industries. “They want people to be relatively mobile, because when they have a need for a particular skill, they want people to be available.”Job-hopping means startups have an easier time finding a match for their needs. If job-hopping ceased, Silicon Valley would lose a lot of its appeal as a location, Shaw said. “You need job-hopping to continually update the matching process between employer and employee. That’s why we have Silicon Valley. Otherwise people would be more scattered.”So job-hoppers are a vital commodity for tech companies. But what about the other side of the chip? Conventional wisdom among startups workers is: move around as much as you can and you’ll benefit from ever-increasing compensation as firms seek to attract your talents.Surprise: Job Hoppers Make Less CashIn fact, that’s not true. In her research, Shaw has discovered that people who stay longer at one company get paid more. A few years ago she did a study of 50,000 Silicon Valley software employees and found that those with at least five years’ experience at the same employer typically earned annual raises of 8%, compared to 5% for those with a history of job-hopping. She also found that employees who stay in place longer are more productive and creative. (Perhaps because they don’t waste so much time in orientation sessions.)Shaw’s data included stock options vested as they were realized. She drew her data from the state of California, not survey forms.“To constantly hop between jobs to try to chase the greatest pay is not advisable,” she said. “If you take someone who has high income right now and look at the sources of that income, what they did to achieve that high income, how they did it was staying with one or two employers, not by hopping [among] employers.”The Future Of Job HoppingSo will startup workers keep on job-hopping? Culture is the key to the decision-making process. When workers see a culture in which every employee at Instagram gets filthy rich overnight, it’s only natural for them to decide to chase the next Instagram. When they look around and see their friends jumping from one startup to another for more stock options and cooler rooftop parties, it’s easy for them to do the same.But what happens if the bubble pops and everybody sobers up and admits the reality revealed in research by people like Shaw? it’s likely there will be less mobility in Silicon Valley. Exactly how much job-hopping continues could hold long-term implications for companies big and small – not to mention their employees.IBM, anyone?Image courtesy of Shutterstock. China and America want the AI Prize Title: Who … Tags:#start#Trends How to Get Started in China and Have Success
Home Minister P ChidambaramThe government on Tuesday flaunted figures of scaled-down violence in 2011 to claim that its “two-pronged strategy” to tackle Naxalism is bearing fruit.Union home minister P. Chidambaram said the number of people killed in Maoist violence has seen a drop of over 40 per cent in 2011 from the corresponding period last year. Chidambaram revealed the figures after meeting chief ministers of Chhattisgarh and Orissa, Raman Singh and Naveen Patnaik, respectively.In the past month, 34 security personnel have lost their lives in Chhattisgarh in Maoist-related violence. But Chidambaram stressed on Tuesday that only 80 policemen have been killed by Maoists this year as compared to 177 personnel slain in the same period in 2010.Civilian casualties, too, have come down. The home minister said 190 civilians were killed by Maoists this year (compared to 296 last year). Of these 190, 72 were branded as police informers by the Maoists.Chidambaram also said seven out of the 14 politbureau members of the CPI (Maoist) and 11 members of its central committee had been arrested.”Our security forces have confronted the challenge of Left-wing extremism with courage and restraint. So far, 78 extremists have been neutralised, 883 have been arrested, 243 have surrendered and 315 arms have been recovered,” Chidambaram said.The home minister, though, was quick to add that even the present level of Maoist violence was unacceptable.Sources said the home ministry has approved sending 5,000 more paramilitary men to monitor the Chhattisgarh-Orissa border area, a hotbed of Maoist activity.Chidambaram also revealed how the government planned to develop its two-pronged strategy. “Under the Integrated Action Plan for which Rs 55 crore has been allotted to each of the 60 affected districts, 18,724 works have been taken up in Chhattisgarh and 10,427 works have been taken up in Orissa; a chunk of these works have been completed,” he said.advertisementFor more news on India, click here.For more news on Business, click here.For more news on Movies, click here.For more news on Sports, click here.