DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
Attention
Friday, September 21, 2012
Yard Sales For 9-22-12
Yard Sale 36275 Pine Street, Willards, Saturday, 9/22 7am-12pm, Longaberger, Designer Purses, Sofa,Tiffany Light Fixtures, Boys clothing sizes 8-12, toys, Halloween Costumes, Household items, and much more!
Large Estate Auction to be held September 22 at Wicomico Youth & Civic Center
Salisbury, MD – Eastern Shore Auctions will hold a large estate auction at Wicomico Youth & Civic Center on Saturday, September 22. The auction will be held in the Civic Center’s DaNang Rooms. Doors will open at 8:00am, giving auction-goers an opportunity to browse the items up for grabs and plan their bids. The auction will begin at 10:00am.
The estate auction will feature house-hold items, fine furs, glassware, collectibles, jewelry and more. Refreshments will be available for purchase.
BREAKING NEWS: Rep. Maxine Waters Avoids Ethics Charges
Rep. Maxine Waters, D-Calif., will not be charged with ethics violations after House panel's probe of questionable bank bailout.
From Fox News
From Fox News
Bike Week Organizers Thankful For MotherNature’s Cooperation
Rain might have put a damper on motorcycle-related activities last year, but the thousands of bike enthusiasts who descended on Ocean City for this year’s events saw four days of ideal conditions.
Early last week, bikers and weekend warriors of all stripes made their way to the Salisbury and Ocean City areas for three different motorcycle-related events: the 12th annual Delmarva Bike Week, the second annual OC BikeFest and second OC Bikes to the Beach Fall Rally.
Delmarva Bike Week began last Thursday and continued through Sunday at four locations: Seacrets on 49th Street in Ocean City, Harley-Davidson in Seaford, Del., and at Winter Place Park and Arthur W. Perdue Stadium in Salisbury.
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3rd Friday Today
| THIS Friday, September 21st, marks another 3rd Friday in Downtown Salisbury! Artists and Crafters will fill the Main Street Plaza Area, and the shops and restaurants are open with special 3F sales and events! As always, 3rd Fridays are free to the public, so come down, and experience local art against our Downtown's beautiful backdrop! We should have beautiful almost-fall weather! |
STATEMENT FROM GOVERNOR MARTIN O’MALLEY ON PRELIMINARY AUGUST JOBS REPORT
ANNAPOLIS, MD (September 21, 2012) – Governor Martin O’Malley today released the following statement on the U.S. Department of Labor’s release of preliminary employment data for the month of August:
Report Summarizes Offshore Wind Movement In Md.
With the clock ticking on the expiration of several key federal tax incentives for the development of offshore wind energy off the Atlantic Coast including a proposal in Maryland, a coalition of stakeholders, environmental groups and lawmakers rallied in Annapolis last week to release a new report outlining how far the effort has come thus far and how far it still has to go.
Called “The Turning Point for Atlantic Offshore Wind Energy,” the report released last Thursday was prepared by the National Wildlife Federation, Environment America Research and Policy Center and many partner organizations including Environment Maryland. The report takes a fresh look at how far offshore wind has advanced in Maryland and the entire Atlantic coast and the work still be done. The coalition of partners released the report during a rally in front of the State House in Annapolis.
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Called “The Turning Point for Atlantic Offshore Wind Energy,” the report released last Thursday was prepared by the National Wildlife Federation, Environment America Research and Policy Center and many partner organizations including Environment Maryland. The report takes a fresh look at how far offshore wind has advanced in Maryland and the entire Atlantic coast and the work still be done. The coalition of partners released the report during a rally in front of the State House in Annapolis.
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I THOUGHT QE3 WAS SUPPOSED TO CREATE JOBS
Bank of America Layoffs and National Unemployment
The math is very crude. The Wall Street Journal reports that Bank of America Corp. (NYSE: BAC), still desperate to turn itself around, will fire 16,000 people this year. Compare that to the 100,000 jobs a month, on average, that the American economy has added in 2012. That puts the financial firm’s layoffs in some perspective, although many economists would say one company’s downsizing and national employment numbers are apples and oranges.
The apples and oranges criticism is right. But Bank of America is not the only large company that faces a weak economy and the results of years of poor management. Even executives at well-run companies have begun to sweat about the financial cliff, and Europe, and China, and housing, personal debt and consumer confidence. The same worries extend down to tens of thousands of smaller companies. The long knives have come out, or are about to, wielded by managements across a wide array of industries and located in almost every geographic section of the country.
One theory about unemployment in the United States is that QE3 will help the jobs market, and that Congress and the Administration will not change the tax system. And, additionally, consumers may rush to stores this holiday season and salvage what is already a troubled retail industry — an industry that is one of the largest employers in America. All of a sudden, the jobs situation will improve and the joblessness number will plunge well below 8% as 2013 begins.
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Nassim Taleb Identifies 'The Teflon Don Of Wall Street'
Bloomberg Businessweek contributor William Cohan has a big feature on Robert Rubin on the magazine's website.
In the piece, he interviews Nassim Taleb, who has some choice words for Rubin, President Clinton's former Treasury Secretary and former Citigroup executive.
Here is what Taleb had to say:
“Nobody on this planet represents more vividly the scam of the banking industry,” says Nassim Nicholas Taleb, author of The Black Swan. “He made $120 million from Citibank, which was technically insolvent. And now we, the taxpayers, are paying for it.”
Cohan continues:
Nassim Nicholas Taleb doesn’t know Rubin personally. He admits that his antipathy, like that of so many Rubin critics, is fueled by symbolism. “He represents everything that’s bad in America,” he says. “The evil in one person represented.
When we write the history, he will be seen as the John Gotti of our era. He’s the Teflon Don of Wall Street.” Taleb wants systemic change to prevent what he terms the “Bob Rubin Problem”—the commingling of Wall Street interests and the public trust—“so people like him don’t exist.”
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‘Ping Pong Summer’ Filming Under Way; Local Girl Cast In Key Role
If Ocean City gets nothing else out of the filming of “Ping Pong Summer,” at least one local kid will have learned how to use a clutch on the movie’s dime.
“We’re teaching her how to drive a stick, but only for one scene. It’s perfectly safe, don’t get the wrong idea,” said the film’s director, Michael Tully, at a reception on Sunday. He was referring to local student Emily Shockley, who has garnered a key role in the upcoming independent film. Shockley is 15.
The same tack was taken by City Council in August, when it reluctantly approved a grant of $100,000 to help with the film’s funding, on the recommendation of the city’s Tourism Advisory Board.
Civil Unrest: Do Our Rulers Actually Want It To Happen?
There have been several different predictions and scenarios involving how inflation and austerity measures in the U.S. could bring about food shortages and other shortages, food riots, looting, violent protests, flash mobs, and martial law.
All these things can be prevented, of course, if more people could wake up to the fact that government central planning in money and economic matters is inherently flawed and doomed to failure, societal self-destruction and collapse.
Some people see the recent German court decision to approve German bailouts of irresponsible European governments as a new dictatorship for Germany and a boon for investors. And there are others who see this new scheme as the beginning of runaway hyperinflation in Europe that will spread to the U.S.
Following this decision by the high German court, the U.S. Federal Reserve has announced a new round of quantitative easing (QE3). Some people believe that QE3 will cause more economic instability, and further destruction of the dollar.
Eventually the austerity measures we have been seeing in Europe will reach the U.S.
Austerity measures will hit public employee benefits and pensions, and welfare and Medicare recipients (but not the bloated salaries, benefits and pensions of Congressmen and their beloved bureaucrats).
But it seems that the U.S. government has been pushing hard to get as many people dependent on government as possible. Food stamps spending has more than doubled since Barack Obama became President, although the number of Americans on food stamps almost doubled from 2001 to 2009 during the presidency of George W. Bush as well.
And the Obama Administration has gone so far as to push U.S. food stamps onto Mexicans! (And Mexicans can’t even vote for Obama this November – theoretically, that is.)
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Governor Romney Is Correct
As readers of this column and viewers of Fox News Channel may know, I have not hesitated to criticize Gov. Mitt Romney’s presidential campaign and the governor himself. I have argued that his message is muddled and his values are unknown beyond his ardent wish to improve economic conditions through the use of free market mechanisms rather than central economic planning, a position with which I agree entirely.
I have also maintained that his willingness to abandon, or not to accept, first principles has made these questions reasonable: If Romney is elected president, which Romney will show up for work on Jan. 20, 2013? Will it be the Romney who ran to the left of Ted Kennedy in 1994, the Romney who governed Massachusetts as Mario Cuomo governed New York, or the Romney who now claims to be a "severe" (his word) conservative? Will it be the Romney who spent the entire presidential primary season assuring conservative Republican primary voters that he’ll dismantle Obamacare on "Day One" (his phrase), or the Romney who told reporters last week that he approves of a limited federal role in managing health care? Or will it be the Romney who, when caught by the press saying something not intended for public consumption but demonstrably true, sticks to his guns?
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U.S. Drops to No. 18 in Global Economic Freedom Rankings
The United States has slipped to 18th in the world when it comes to economic freedom, according to an annual ranking of nations issued by the Fraser Institute.
The U.S. has moved down 10 places over the last decade, the top Canadian think-tank said in its annual report on economic freedom around the globe.
“The United States, long considered the standard bearer for economic freedom among large industrial nations, has experienced a substantial decline in economic freedom during the past decade,” the Fraser report states.
Highlighted Events This Week In Wicomico Schools
Friday, Sept. 21
Salisbury University Basketball Team Visits Transition I Class
Wicomico High School
The Salisbury University basketball team will spend time at Wicomico High School Friday, Sept. 21, visiting Transition I class students in their classroom, playing basketball with them in the gym, and sitting down for lunch together. The visit will bring the community into the school to learn more about the Transition program, while at the same time giving students the opportunity to learn more about the post-graduation experiences the SU players have enjoyed. This visit is an attendance reward for students, who had to show the same level of commitment and dedication to being at school that they would have to show to an employer in the workplace. The visit will begin at about 10 a.m., when the WiHi students will welcome the SU team at the flagpole. Following a short visit to the Transition I classroom, everyone will head to the WiHi gym at 10:30 a.m. to play basketball. Lunch will be served back in the classroom at 11:15 a.m., thanks in part to support from Dayton’s Chicken & Seafood. 410-677-5146
Friday, Sept. 21
A+ Garden Centre Open for Business
Parkside High School Greenhouses
The A+ Garden Centre operated by horticulture students of the Parkside High School Department of Career & Technology Education is open for business, and will offer special hours this Friday from 3-6 p.m. The greenhouses are also open every school day from 8:15-11 a.m. and 12:30-2 p.m. Come check out the mums, pansies and perennials. Call 410-341-8746 for information.
Riverside Carnival Time!
Riverside Carnival
September 20, 21 and 22 at 6 p.m.
rides, food, games, music
Advance sale for ride tickets and 50/50 raffle tickets at the Parish Office
410-742-6443
"Riverside Idol": This year's carnival will feature a singing contest to determine a "riverside Idol". Winners will be determined with votes cast by carnival attendees.
Census Data Another Sign Economy Has Bottomed Out
More young adults are leaving their parents' homes to take a chance with college or a job. Across the nation, people are on the move again after putting their lives on hold and staying put. Once-sharp declines in births are leveling off, and poverty is slowing.
A new snapshot of census data provides sociological backup for what economic indicators were already suggesting: that the nation is in a tentative, fragile recovery.
MD Homegrown School Lunch Week, Progress On BMS Project, SWAC Instrument Barn
Corn on the Cob, Green Beans on Menu During Maryland Homegrown School Lunch Week
Celebrate Maryland Homegrown School Lunch Week in Wicomico Schools with fresh local corn on the cob (Wednesday), green beans (Thursday) and "butter fries" (Sept. 26) -- butternut squash cut to resemble French fries, baked, and lightly seasoned with cinnamon. Students in hundreds of public schools across the state are getting a taste of fresh, Maryland-grown and produced food in their lunches during the fifth annual Maryland Homegrown School Lunch Week, Sept. 17-21. Fresh local fruits and vegetables have been served in school cafeterias since the start of the school year when available from local farmers. These items are on our school menu marketed as local items, and all are from farms in Wicomico County or other Maryland counties. "Since the beginning of school, we have been serving local produce to our students based on its availability," said Eric T. Goslee, Food Services Supervisor.
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Chick-fil-A makes another statement on controversy
Chick-fil-A is once again in the public relations fryer.
The controversy flared up this week when a Chicago politician said the company was no longer giving to groups that oppose same-sex marriage, angering Christian conservatives who supported Chick-fil-A this summer when its president reaffirmed his opposition to gay marriage. Civil rights groups hailed the turnabout, yet the company never confirmed it and instead released two public statements, neither of which made Chick-fil-A's position any clearer.
The events suggest the Southern franchise may be trying to steer clear of hot-button social issues while it expands in other, less conservative regions of the country. In its statement Thursday, the Georgia-based company said its corporate giving had for many months been mischaracterized.
OBAMA’S FAVORITE COURSE TO TEACH AT THE UNIVERSITY OF CHICAGO REVEALED
According to a new report from the Daily Caller, President Barack Obama’s favorite topic to teach at the University of Chicago was — are you sitting down? — “Current Issues in Racism and the Law.” The President taught this course no less than 12 times during his 12 years at the university, while teaching two other courses eight and six times.
And if you’re wondering what the course name means, have no fear. Reporter Charles C. Johnson has uncovered this course description:
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