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Nation
A Fling With the Welfare State: Emerie
We Are The Undefeated: Why Sarah Palin should run: Hayward
Opposition to McConnell plan grows among GOP senators: Hill
House Freshmen not on-board for any deals?: RS
Partisan Justice Under Eric Holder: Federale
Ex-Rezko Partner Told Feds Of Payments To Obama: AdvIn
Sheriff Joe Arpaio Punks ICE HSI: Federale
Perry: I’m feeling a call: Hot Air
Every Dem voted against lifting debt ceiling in ’06: GWP
Economy
Can’t Buy Love? Try Obama’s Corporate Dating Website: Dewey
California’s Pay Day Loan: BG
Scott praises Cantor’s walkout from debt negotiations: Hill
GOP Govs Prove Conservative Economic Principles Work: GWP
Unemployment uh-oh: 9.2% may be the low-water mark: IHTM
True origins of financial crisis: Power Line
Climate & Energy
Globaloney: The Statist Push Continues: Blumer
The War on Copper: Exam
Why Nothing Is “Shovel Ready” Anymore: Mead
Media
Review: Left Turn: How Liberal Media Bias Distorts the American Mind: Power Line
Marco Rubio schools CBS’ Bob Schieffer: GWP
‘Murdoch Hacking Scandal’ vs. NY Times National Security Leaks: TAB
The Slow, Painful Coming Death Of The Independent, Conservative Blogosphere: RWN
How Network News Helped Bring About the Crash: Klavan
Hollywood Hasn’t Lost ‘Hope’: Malkin
Big Demand For The Undefeated Drives Broader Release: Riehl
Gray Lady Gets Yet Another Case of Depression Lust: Driscoll
Keith Olbermann: The Lost Months: MB
World
Al-Qaeda Is Down but Not Out: Foundry
Cain: Voters Should Have Right To Prevent Mosque Construction If Community Opposes It: WZ
Obama Accused Of Crimes Against Humanity Over Bin Laden Killing At International Criminal Court: WZ
Islamic Teacher: Bring Back Slave Girls!: Big Peace
Trichet Repeats Nuclear Threat to Reject Greek Bonds as Collateral; Verbal Discipline or Big Bluff?: Mish
Indonesia: Veiled teen girls send mock bomb to police officer: JihadWatch
Sci-Tech
Make It So: Hands-On With Official Star Trek iPad App: Wired
Orphiro’s electric motorcycle: like a Harley, just not obnoxiously loud: Engadget
A beginner’s guide to telecom jargon: CNet
Cornucopia
Celebutards from 50 of our 57 states: MOTUS
Casey Anthony: Spokeswoman for Planned Parenthood: RWN
Sunken 19th Century Schooner Found Intact In Lake Ontario: Irish Weather
Image: The Looking Spoon
Sponsored by: URGENT: Tell your Congressman to vote YES on the ‘Cut Cap Balance’ Act
QOTD: “When Roosevelt signed Social Security into law, it was meant to start coverage at age 65 at a time when 58 was the average life span of male Americans. (Roosevelt himself died at 63 ten years later.) When President Johnson signed Medicare, life spans were still well below today’s standards, and most major medical breakthroughs were still in the future. (Johnson also would die in his 60s.) Neither imagined a world in which people routinely lived into their 80s and 90s, with knee replacements and heart transplants and home dialysis machines. Roosevelt opposed public employee unions, whose pension demands and early retirements are now driving some of our states and cities into bankruptcy. It’s easier to think of goods as rights when the costs are low, and they therefore take little from others. It’s when the costs rise—as in medical treatments—that the political trade-offs rise, too.” –Noemie Emery
“There have been many significant accomplishments on the operational and financial front to date this year,” Kloet said in a release before stock markets opened Friday.
“Among the successes in this past quarter was renewed momentum in our listings business. On a combined basis, new listings on Toronto Stock Exchange and TSX Venture Exchange were up 33 per cent and the value of new equity financings on TSX Venture Exchange increased 84 per cent. We are also proud that Toronto Stock Exchange reached over 200 exchange traded products listed in June.
“We continue to see strong growth in derivatives as volumes on the Montreal Exchange reached another new quarterly record with 16.3 million contracts traded.”
TMX Group is in the midst of an intense takeover battle that recently saw one of it suitors, the London Stock Exchange Group, drop out of the competition after the deal failed to gain enough shareholder support.
The remaining bidder, Maple Group Acquisition Corp., a group of financial institutions and pension funds said Wednesday it will give investors more time to decide whether they want to tender their shares under the $3.8-billion offer.
It will give TMX Group shareholders until Sept. 30 to tender their shares, extending the deadline initially set for next Monday.
Maple said that during the extension period it will continue trying to receive the required approvals for the acquisition from securities regulators and the federal Competition Bureau.
Maple has said previously that it expected to receive approvals in the fall.
The offer is to acquire between 70 and 80 per cent of the shares of TMX Group — part of an integrated acquisition transaction to acquire 100 per cent of TMX shares.
The TMX has said it will continue its expansion plan, whether it comes to an agreement with Maple, or moves forward on its own.
Also on Wednesday, TMX Group announced the purchase of Atrium Network, a provider of capital markets data in Europe and North America.
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For more infomation about Pensions pop by the authurs blog
An Air Force pension is issued every month to military retirees from the time they are discharged from the Air Force until they die. The pension can also be transferred to their spouse in the event of their death. If you have recently retired from the Air Force how can you stretch your Air Force pension?
Supplemental Income
Unless you own your home outright, have no car payments and no outstanding debt, the Air Force pension will not necessarily cover all of your day to day expenses, bills and incidentals that come up. That is why it is important to view the Air Force pension as a supplemental means of income, rather than the primary means of income.
Save Pay Increase
Each year, Congress votes on how much of a Cost Of Living Allowance (COLA) increase military retirees will receive. Congress takes such factors as the increased cost of living into consideration before passing the bill, which, according to the Military Officers’ Association of America (MOAA), is measured against the previous year’s Consumer Price Index (CPI). One way that Air Force retirees can benefit from their increased retiree pay increase is to save the difference in a high interest savings account and not touch the money, except in emergencies. A pay increase of $50-100 per month can easily add up to $600-$1200 in a year.
Budget
Active duty pay is paid on the 1st and 15th of every month. However, the Air Force pension is paid just once a month at the beginning of each month in arrears. This can make it extremely hard for retirees and their family to budget for the whole month. But a strict budget can help to make the money stretch. Some families divide the month’s income into four quarters and view each quarter as a week’s worth of pay that should not be exceeded during that period. Whatever method you decide to use, make sure you do not live beyond your means so that the budget plan will work.
While the pension will go up over time, the Air Force pension is usually just a supplemental form of income for retirees, particularly for newer retirees who are still young and have many expenses to take care of such as a mortgage, car payment(s) and other financial obligations. Viewing the Air Force pension as a supplemental form of income can help keep it in its place. Saving the difference in the annual pay increase throughout the year can help to build up a nest egg. Finally, keeping to a strict budget plan can help to stretch the Air Force pension.
Source:
http://www.moaa.org/lac/lac_issues/lac_issues_update/lac_issues_update_081017.htm