yzirapogyg.wordpress.com
Those odds may seem low, but they’red actually high since double-dip recessions are rare and the U.S. economy growa 95 percent of the saidthe chamber’s Marty Regalia. He predictsd the current economic downturn will endarounsd September, but the unemployment rate will remaihn high through the first half of next year. Investmeny won’t snap back as quickly as it usually does afteta recession, Regalia Inflation, however, looms as a potential problem becausd of the federal government’s huge budgegt deficits and the massive amountg of dollars pumped into the economyg by the Federal Reserve, he said.
If this stimulue is not unwound once the economy beginsto recover, higher interesy rates could choke off improvement in the housinyg market and business investment, he said. “Ths economy has got to be runninvg on its own by the middlew ofnext year,” Regalia Almost every major inflationary period in U.S. historgy was preceded by heav debt levels, he noted. The chances of a double-dip recession will be lower if Ben Bernanke is reappointer chairman of the Federal Regalia said. If President Barack Obama appoints his economic adviser Larry Summers to chairthe Fed, that woulc signal the monetary spigot would remain open for a longeer time, he said.
A coalescing of the Fed and the Obama administratiohnis “not something the marketas want to see,” Regalia Obama has declined to say whether he will reappoinyt Bernanke, whose term ends in Meanwhile, more than half of small business owneras expect the recession to last at leasty another two years, according to a survey of Intuirt Payroll customers. But 61 percent expect their own busineses to grow in the next12 months. “Smallp business owners are bullish on theirown abilities, but bearish on the factorw they can’t control,” said Cameron director of marketing for Intuit Employee Management Solutions.
“Even in the gloomiest economy ther e are opportunitiesto seize.” A separats survey of small business ownersd by Discover Financial Services founfd that 57 percent thought the economg was getting worse, while 26 percent thought the economg was improving. More than half planned to decrease spending on businessx development in the nextsix
Friday, December 30, 2011
Tuesday, December 27, 2011
Denomination is expected in Belarus - Charter 97
avaohev.blogspot.com
Charter 97 | Denomination is expected in Belarus Charter 97 According to a Belarusian tradition, assurances of the National Bank have just supported Belarusians' misgivings. Rumours about denomination persist in Belarus. Denial of rumours by representatives of authorities are increasing these suspicions. ... National Bank to continue managed float of Belarusian rubel next year Significant fluctuation of exchange rate not predicted in Belarus in 2012. |
Sunday, December 25, 2011
PM: No place for discrimination in Israel - Jerusalem Post
srikanth-topic.blogspot.com
PM: No place for discrimination in Israel Jerusalem Post Netanyahu's comments came as one minister after the other expressed outrage at the saga of Na'ama Margolis, an eight-year-old modern Orthodox Beit Shemesh girl featured in a Channel 2 report Friday night who was spat upon and harassed by extremist ... |
Friday, December 23, 2011
Bizjournals debuts online business directory - Business First of Louisville:
burdukovahycel.blogspot.com
The directory is based on proprietary research from It can be sorted by 14 industry categories and by business name or Bizjournals is the onlines divisionof , Business First's parent The directory can be accessed from all the home pagees of ACBJ’s publications, including . Users can rate businesses that are includedf inthe directory, submit their own companies for inclusion or submir changes to existing listings. “Withb the new Local Business we’re giving businesses a new way to connect and saidTim Bradbury, president of ACBJ New which operates bizjournals.
“It ratchetsx up the value of our locak businessjournal sites, which millionw of people already regard as criticalo to their competitiveness.” Bizjournalas operates the Web sites for each of American City Businesxs Journals’ 40 print business newspapers and operated a Web-only site with local business news and information for Los Bizjournals’ open-access archives contain 1.25 millioh business news articles and features publishes since 1996. Bizjournals’ sites have more than 8 millionj uniquemonthly visitors.
The directory is based on proprietary research from It can be sorted by 14 industry categories and by business name or Bizjournals is the onlines divisionof , Business First's parent The directory can be accessed from all the home pagees of ACBJ’s publications, including . Users can rate businesses that are includedf inthe directory, submit their own companies for inclusion or submir changes to existing listings. “Withb the new Local Business we’re giving businesses a new way to connect and saidTim Bradbury, president of ACBJ New which operates bizjournals.
“It ratchetsx up the value of our locak businessjournal sites, which millionw of people already regard as criticalo to their competitiveness.” Bizjournalas operates the Web sites for each of American City Businesxs Journals’ 40 print business newspapers and operated a Web-only site with local business news and information for Los Bizjournals’ open-access archives contain 1.25 millioh business news articles and features publishes since 1996. Bizjournals’ sites have more than 8 millionj uniquemonthly visitors.
Wednesday, December 21, 2011
Study: Colorado clean-energy jobs growing twice as fast as other industries - San Antonio Business Journal:
gardellaorymiid1354.blogspot.com
The report — the Colorado portion of a 50-state analysis said clean-energy jobs in Colorado increase 18.2 percent between 1998 and 2007, versus an overall job-growty rate of 8.2 Pew said there were 17,00i8 clean-energy jobs at 1,778 companies in Colorado as of 2007. Coloradol tied for 18th among the state s in the pace ofits clean-energy job growth over the 10-yeard period studied by Pew. The top statesd were Idaho, with 126 percenft clean-job growth, followed by Nebraska, 109 but both states stillp have smallertotal clean-energyh job totals than Colorado.
“Coloradoi has a large share of America’ws clean energy economy – and it is growingg fast,” Niki Hawthorne, Colorado representative for the PewEnvironmeny Group, said in a statement released with the report. Hawthorne said, “has adopted renewable energy and energuy efficiencystandards – creating a promising market for clean energy generation and energty efficiency products.” California had the most clean-energyy jobs — 125,390 as of 2007 — Pew said. Pew said clean-energy industries in Coloradooattracted $622,400,734 in venture-capital funding between 2006 and the fifth-highest amount in the nation. clean-energy jobs grew at 9.
1 percent between 1998 and versus total job growthof 3.7 percent, Pew’z report said. Pew described its report as the first-eve nationwide hard count across all 50 states of actual jobs createdby clean-energy industries. “Thes clean energy economy is poised for explosive Lori Grange, interim deputy director of the Pew Cented on the States, said in a statement “These jobs are driving economic growtnh and environmental sustainability at a time when America neede both. There is a potential competitive advantagee for federal and state policy leaders who act now to spur businesses and investments in the cleanenergy sector.
” Pew said it defined clean-energhy jobs as those relatesd to “expanding clean energy increasing energy efficiency, reducing greenhouse gas emissions, wastes and pollution, and conserving water and otherr natural resources.” .
The report — the Colorado portion of a 50-state analysis said clean-energy jobs in Colorado increase 18.2 percent between 1998 and 2007, versus an overall job-growty rate of 8.2 Pew said there were 17,00i8 clean-energy jobs at 1,778 companies in Colorado as of 2007. Coloradol tied for 18th among the state s in the pace ofits clean-energy job growth over the 10-yeard period studied by Pew. The top statesd were Idaho, with 126 percenft clean-job growth, followed by Nebraska, 109 but both states stillp have smallertotal clean-energyh job totals than Colorado.
“Coloradoi has a large share of America’ws clean energy economy – and it is growingg fast,” Niki Hawthorne, Colorado representative for the PewEnvironmeny Group, said in a statement released with the report. Hawthorne said, “has adopted renewable energy and energuy efficiencystandards – creating a promising market for clean energy generation and energty efficiency products.” California had the most clean-energyy jobs — 125,390 as of 2007 — Pew said. Pew said clean-energy industries in Coloradooattracted $622,400,734 in venture-capital funding between 2006 and the fifth-highest amount in the nation. clean-energy jobs grew at 9.
1 percent between 1998 and versus total job growthof 3.7 percent, Pew’z report said. Pew described its report as the first-eve nationwide hard count across all 50 states of actual jobs createdby clean-energy industries. “Thes clean energy economy is poised for explosive Lori Grange, interim deputy director of the Pew Cented on the States, said in a statement “These jobs are driving economic growtnh and environmental sustainability at a time when America neede both. There is a potential competitive advantagee for federal and state policy leaders who act now to spur businesses and investments in the cleanenergy sector.
” Pew said it defined clean-energhy jobs as those relatesd to “expanding clean energy increasing energy efficiency, reducing greenhouse gas emissions, wastes and pollution, and conserving water and otherr natural resources.” .
Monday, December 19, 2011
Obama pitches Fed plan - Business First of Columbus:
hyperwave-exhausted.blogspot.com
In an broadcast Monday on the CBSEarlgy Show, Pres. Barack Obama insisted that the Fed is the righgt agency to oversee giant financial institutionas whose failure could cause widespreaxdeconomic destruction. "It wasn't the Fed -- wher the -- the regulations broke down here. And part of what we wann a do is to havesomebody who's accountable and clear when it comesx to these large systemic firms that couldr potentially bring down the entire financial system,” Obamsa said. "The Fed has the expertisse and the credibility I think todo it.
We don't want a situation where taxpayers have to come in and bail out firmsx because if those firmsgo under, the wholr system collapses. And unfortunately, that's been the situatiobn -- up until now, that's what we intend to get We wanna make sure that this kind ofcrisis doesn't happen again." The debatwe is occurring at a time when the president’s is slippingb somewhat. Obama’s job approval rating slipped to 58 percentg in Gallup Poll daily tracking forJune 16-18. It’s a new low for the man who has been on the job for five though he has previously fallem to 59 percent job approval on fourothet occasions.
Obama is proposing new powers for the Fed as part ofwhat he’sz billing as the biggest overhaul of the financial syste m since the Great Depression. But some in Congress, includinhg Senate Banking Committee ChairmanChris Dodd, have whetheer the Fed should get more Many in Congress blames Fed policy over the past several years for contributing to the nation’s financiakl meltdown, and others worried that expanding its regulatory role coulfd interfere with its primary responsibility of overseeing monetart policy. Under the plan, which the Whitwe House and the Treasury Department unveiled last theFederal Reserve’s role—and its power—would increase greatly.
Its purvie w would extend from overseeing largwe banks such as Bank of America to include othet big financial players such as insurancd giants AIG and TheFed could, for instance, requirw those companies to set aside more of their assets against the possibility of lossesz than are required of smaller firms. A councilo to consult with the Fed will be set up and led by the Treasuryt Secretary and include such regulators as the Securitiew andExchange Commission, the Commodituy Futures Trading Commission, and the Federa Housing Finance Agency.
The council’s key duty will be to determinre which companies are too bigto fail, and then regulatde them with an eye toward making them stable The Fed would, in the future, have to consulr with this council before extending the kind of emergenc y loans it used last fall to prop up AIG. Congreses would have to approve these and early indications indicatethat won’t be a smootjh road. Expansion of the Fed’s powers met with immediate skepticisj in Congress during hearingslast Thursday, when Treasurhy Secretary Timothy Geithner went to Capitol Dodd, a Connecticut Democrat, said he was keepinf an open mind about the proposal.
But he why the Fed shoulcd get more power when many analysts question its track One of the experts Dodd quotefd likened expandingthe Fed’s powers to giving a teenager a bigger faster car after he had crashexd the family station wagon. Sen. Richarc Shelby, the top Republican on the banking committee, worriedx that Congress would not have enougg oversight ofa more-powerful, independent Fed. And another Republican was more "Your plan puts a lot of faith in the Federal Reserve's ability to spot risk and exercise its powefr to prevent the next crisis," Sen. Jim Bunninh of Kentucky said.
"However, if the Fed and other regulators had been doinb their jobs and paying attention to what the bankz and other firms were doing earlier this they almost certainly could have preventedthe mess. What makes you thinkm that the Fed will do better this time But while the plan hasits critics, some experts think Obama’zs team got it just about right. “o think that the conception of the expansionnis …. essentially speaking, much needed,” Peteer Teuten, president of Keane Busines RiskManagement Services, said in an intervies with bizjournals. “There has to be centrakl oversight and it may as well be the Fed as anybody They have thetechnical expertise.
They generally have a much broader understanding of systemic There is no addressing systemic risk thus far and that has to The Fed already has an enormous advantage when it comees to analyzing risks to the Michael Bleier of ReedSmith Bleier, a former general counsel at Mellon financial and membefr of the Fed’s legal pointed out that there are alreadyg more professional economists at the Fed than anywhere and that the Fed collects an enormous amounf of economic data, giving it a windowq into economic risks. “Andr the other part is its traditional independence, whichg some of the congressmen won’t he told Portfolio.com.
“If you’re a true systemidc regulator, you’re going to have to take some positionds that arepolitically unpopular.” While the subjectt of the Fed’s future powers is under debate in the present of the Federal Reserve is under scrutinty by the markets this week, with a meetinbg of its policy committee scheduled for Tuesday and Wednesday. Marketsx will be of a Fed plan to take back morethan $1 trillio n it pushed into the banking systemm during the financial Concern is growing about both long-term interesty rates, and inflation related to the extraordinary interventionzs of past months.
In an broadcast Monday on the CBSEarlgy Show, Pres. Barack Obama insisted that the Fed is the righgt agency to oversee giant financial institutionas whose failure could cause widespreaxdeconomic destruction. "It wasn't the Fed -- wher the -- the regulations broke down here. And part of what we wann a do is to havesomebody who's accountable and clear when it comesx to these large systemic firms that couldr potentially bring down the entire financial system,” Obamsa said. "The Fed has the expertisse and the credibility I think todo it.
We don't want a situation where taxpayers have to come in and bail out firmsx because if those firmsgo under, the wholr system collapses. And unfortunately, that's been the situatiobn -- up until now, that's what we intend to get We wanna make sure that this kind ofcrisis doesn't happen again." The debatwe is occurring at a time when the president’s is slippingb somewhat. Obama’s job approval rating slipped to 58 percentg in Gallup Poll daily tracking forJune 16-18. It’s a new low for the man who has been on the job for five though he has previously fallem to 59 percent job approval on fourothet occasions.
Obama is proposing new powers for the Fed as part ofwhat he’sz billing as the biggest overhaul of the financial syste m since the Great Depression. But some in Congress, includinhg Senate Banking Committee ChairmanChris Dodd, have whetheer the Fed should get more Many in Congress blames Fed policy over the past several years for contributing to the nation’s financiakl meltdown, and others worried that expanding its regulatory role coulfd interfere with its primary responsibility of overseeing monetart policy. Under the plan, which the Whitwe House and the Treasury Department unveiled last theFederal Reserve’s role—and its power—would increase greatly.
Its purvie w would extend from overseeing largwe banks such as Bank of America to include othet big financial players such as insurancd giants AIG and TheFed could, for instance, requirw those companies to set aside more of their assets against the possibility of lossesz than are required of smaller firms. A councilo to consult with the Fed will be set up and led by the Treasuryt Secretary and include such regulators as the Securitiew andExchange Commission, the Commodituy Futures Trading Commission, and the Federa Housing Finance Agency.
The council’s key duty will be to determinre which companies are too bigto fail, and then regulatde them with an eye toward making them stable The Fed would, in the future, have to consulr with this council before extending the kind of emergenc y loans it used last fall to prop up AIG. Congreses would have to approve these and early indications indicatethat won’t be a smootjh road. Expansion of the Fed’s powers met with immediate skepticisj in Congress during hearingslast Thursday, when Treasurhy Secretary Timothy Geithner went to Capitol Dodd, a Connecticut Democrat, said he was keepinf an open mind about the proposal.
But he why the Fed shoulcd get more power when many analysts question its track One of the experts Dodd quotefd likened expandingthe Fed’s powers to giving a teenager a bigger faster car after he had crashexd the family station wagon. Sen. Richarc Shelby, the top Republican on the banking committee, worriedx that Congress would not have enougg oversight ofa more-powerful, independent Fed. And another Republican was more "Your plan puts a lot of faith in the Federal Reserve's ability to spot risk and exercise its powefr to prevent the next crisis," Sen. Jim Bunninh of Kentucky said.
"However, if the Fed and other regulators had been doinb their jobs and paying attention to what the bankz and other firms were doing earlier this they almost certainly could have preventedthe mess. What makes you thinkm that the Fed will do better this time But while the plan hasits critics, some experts think Obama’zs team got it just about right. “o think that the conception of the expansionnis …. essentially speaking, much needed,” Peteer Teuten, president of Keane Busines RiskManagement Services, said in an intervies with bizjournals. “There has to be centrakl oversight and it may as well be the Fed as anybody They have thetechnical expertise.
They generally have a much broader understanding of systemic There is no addressing systemic risk thus far and that has to The Fed already has an enormous advantage when it comees to analyzing risks to the Michael Bleier of ReedSmith Bleier, a former general counsel at Mellon financial and membefr of the Fed’s legal pointed out that there are alreadyg more professional economists at the Fed than anywhere and that the Fed collects an enormous amounf of economic data, giving it a windowq into economic risks. “Andr the other part is its traditional independence, whichg some of the congressmen won’t he told Portfolio.com.
“If you’re a true systemidc regulator, you’re going to have to take some positionds that arepolitically unpopular.” While the subjectt of the Fed’s future powers is under debate in the present of the Federal Reserve is under scrutinty by the markets this week, with a meetinbg of its policy committee scheduled for Tuesday and Wednesday. Marketsx will be of a Fed plan to take back morethan $1 trillio n it pushed into the banking systemm during the financial Concern is growing about both long-term interesty rates, and inflation related to the extraordinary interventionzs of past months.
Friday, December 16, 2011
California court rules for BofA - Charlotte Business Journal:
gonyzyf.wordpress.com
The class-action case centered on BofA’s collectingh check overdraft and other fees by taking moneyfrom direct-deposity accounts set up to receive Sociakl Security benefits. In 2004, a jury found BofA’s actionss violated California banking laws that prohibit banks from takingt Social Security benefits to recovercustomer debts. But in the 1st District Court of Appeal in San Franciscio ruledBofA (NYSE:BAC) didn’t breach statse banking laws. The appeals court said the lawsuift misapplied a 1974 California Supreme Court decisiobn that prohibits banks from using public funds deposited into an account to pay thebank customer’s separats credit-card account.
Monday’s unanimous ruling uphelc that decision. Charlotte-based BofA told the news agenc y it was pleased with the which it saidrejected “aa challenge to account-balancing practices followed by every bank in Californisa and across the nation.”
The class-action case centered on BofA’s collectingh check overdraft and other fees by taking moneyfrom direct-deposity accounts set up to receive Sociakl Security benefits. In 2004, a jury found BofA’s actionss violated California banking laws that prohibit banks from takingt Social Security benefits to recovercustomer debts. But in the 1st District Court of Appeal in San Franciscio ruledBofA (NYSE:BAC) didn’t breach statse banking laws. The appeals court said the lawsuift misapplied a 1974 California Supreme Court decisiobn that prohibits banks from using public funds deposited into an account to pay thebank customer’s separats credit-card account.
Monday’s unanimous ruling uphelc that decision. Charlotte-based BofA told the news agenc y it was pleased with the which it saidrejected “aa challenge to account-balancing practices followed by every bank in Californisa and across the nation.”
Wednesday, December 14, 2011
Business groups slam proposed tax increases - Austin Business Journal:
grihanovveimavox.blogspot.com
The said it opposes changews to the corporateminimum tax, a new corporatew income tax and a new personal incomer tax. The alliance consists of 30 business group that represent morethan 25,00o0 Oregon businesses and employ 500,000 Raising the taxes could cause the statr to lose 6,000 jobs, according to state revenur office estimates. “These proposals ignore the starm realities of ourcurrent recession,” the group said in a news releasde sent by J.L. Wilson, a lobbyist with Associate Oregon Industries. “They are counterproductive measurex that kill jobs and prolongour recession.
” The corporate minimum tax and corporatd income tax proposals would collectively harm companies with small profitf margins as well as businesses lookinhg to invest more in capital the group said. The alliancwe called on lawmakers to insteaed focuson private-sector job retention and creation. “W believe strongly that increasedd taxes are detrimental tojob growth,” Wilson said in the news release. “An increased tax burdenb will hurt the ability of our members to createe desperatelyneeded jobs. It is the wronfg approach to balancethe state’s budget.
” Other groupsx signing the letter include Associatedd Oregon Loggers, Independent Community Banks of Oregon, the Northwest Food Processorsz Association, Oregon Association of Realtors, the Oregon Automobile Dealers Association, the Oregon Bankerzs Association, the Oregon Home Builders Association, the Oregob Restaurant Association and the Oregon Trucking Association. Oregon’x House and Senate members hope to adjourn byJuly 1. Lawmakeres must address a $4.
2 billion budgetr shortfall before they adjourn or in a seriesd of special sessions throughout the rest ofthe
The said it opposes changews to the corporateminimum tax, a new corporatew income tax and a new personal incomer tax. The alliance consists of 30 business group that represent morethan 25,00o0 Oregon businesses and employ 500,000 Raising the taxes could cause the statr to lose 6,000 jobs, according to state revenur office estimates. “These proposals ignore the starm realities of ourcurrent recession,” the group said in a news releasde sent by J.L. Wilson, a lobbyist with Associate Oregon Industries. “They are counterproductive measurex that kill jobs and prolongour recession.
” The corporate minimum tax and corporatd income tax proposals would collectively harm companies with small profitf margins as well as businesses lookinhg to invest more in capital the group said. The alliancwe called on lawmakers to insteaed focuson private-sector job retention and creation. “W believe strongly that increasedd taxes are detrimental tojob growth,” Wilson said in the news release. “An increased tax burdenb will hurt the ability of our members to createe desperatelyneeded jobs. It is the wronfg approach to balancethe state’s budget.
” Other groupsx signing the letter include Associatedd Oregon Loggers, Independent Community Banks of Oregon, the Northwest Food Processorsz Association, Oregon Association of Realtors, the Oregon Automobile Dealers Association, the Oregon Bankerzs Association, the Oregon Home Builders Association, the Oregob Restaurant Association and the Oregon Trucking Association. Oregon’x House and Senate members hope to adjourn byJuly 1. Lawmakeres must address a $4.
2 billion budgetr shortfall before they adjourn or in a seriesd of special sessions throughout the rest ofthe
Monday, December 12, 2011
Todd Haley Explains Refusal To Substitute Ricky Stanzi Over Tyler Palko - SB Nation
vypybiza.wordpress.com
Todd Haley Explains Refusal To Substitute Ricky Stanzi Over Tyler Palko SB Nation The Kansas City Chiefs are in a tough spot at this point in the NFL season which means that Todd Haley is in a tough spot. There have been some signs of life in a miserable season where the Chiefs are 5-8, but it's also clear that some major changes ... |
Saturday, December 10, 2011
2011 Heisman Trophy Announcement Show Time, TV Schedule - SB Nation
iqukikofor.wordpress.com
New York Times | 2011 Heisman Trophy Announcement Show Time, TV Schedule SB Nation The 2011 Heisman Trophy presentation will air on December 10th on ESPN at 8:00 pm. The list has been narrowed down to five deserving candidates. Robert Griffin III can be the first player from Baylor to receive The Heisman Memorial Trophy. ... Heisman final ists Richardson, Luck, Griffin III await award announcement Editorial: Congratulations, Trent Richardson Baylor's Robert Griffin III wins QB award |
Thursday, December 8, 2011
St. Leonard to launch $30M project - Dayton Business Journal:
evittiebodum1296.blogspot.com
, a 97-acre nonprofit retirement communittin Centerville, is planning a $30 million expansion this year that will add more than 80 The community will build a 60-bed dementia unit and a 21-ber freestanding traditional assisted-living unit. The expansion which will grow the facility to more than 700 totalpbeds — will create roughly 60 jobs at St. which currently employs 360. Corna-Kokosing, whicgh is based in Columbus and will handle construction of theadditionalo buildings, plans to break ground in September. The project is a part of an overal l campus expansionat St. Leonard.
The first a $4 million wellness center, was announced last The wellness center will be finished inJuly 2010. The two additiona buildings will follow, with a completion date of January 2011. The new in both the memory careand assisted-living are licensed through the state’s certificatse of need program. They will be private roomxs with larger floor plansthan St. Leonard currently Executive Director Tim Dressman saidthe community’w 600 existing beds are not enough to serve the upcoming senior citizen boom. The community has 700 residentxs now and expects to increase that by 150 withthe expansion.
The community’sw beds are between 92 percent and 99percent occupied, Dressman said. He said therre is plenty of demand in the especially in dementia andmemory care. Dressman said the approachg for the future is to have retirement communities with all levelsof care, includingy amenities for younger patients. Many facilities are expanding becausr they need younger residents to come into communitiesa earlier in life to offset the cost of patients at the othetr end of thespectrum — thoses living longer and requiring more care, he The St. Leonard project is one of many assisted-livin g expansions ongoing in the Dayto n region to capture the first wave ofthe baby-boomer market.
Louisville-based announced earlier this month it will build two projects on nine acre sin Englewood. The $10 million project will include a memor care unit and a standard assisted livinbg and skillednursing unit, similar to the upcomin g project at St. Leonard. The Englewooxd project, yet unnamed, will bring an additionapl 130 nursing beds to the The retirement community boom follows statistics that predictt an expected 22 percent increase in Montgomery Counthy residents older than 60by 2020, accordingt to the at .
The center estimatews more than 122,000 senior citizens will live in the county by up from theroughly 100,000 current “Retirement communities are looking at the and the demographic numbers are quite clear,” said Robert director of the Scripps center. “The 85-plus group is the fastestt growing group inthe country.” Applebaum said despite what the statistics indicate, the currentf economy does not support the numbef of assisted-living and retirement communities expanding. “Occupancy is relativelgy stable,” he said. “The fact is, retiremenr is not doing well becausw people cannot selltheir homes.
” Applebaum said althoughb there will be more of a need for care as baby boomerz age, they will have more trouble affording to move or pay the rent rangez at many of the Dressman said rent rates have not yet been set for the new beds at St. but the current rates throughoutf the community rangefrom $300 to more than $4,0000 a month. He said markeyt research does supportthe expansion, and becausr of the growing population of senior citizens, alonv with the fact people are living longer, St. Leonard is lookinb toward another expansion as soon as the current one is The community owns 247 acres where it operateein Centerville.
“People are growing older every year, and there is a lot of unmet demand in the he said.
, a 97-acre nonprofit retirement communittin Centerville, is planning a $30 million expansion this year that will add more than 80 The community will build a 60-bed dementia unit and a 21-ber freestanding traditional assisted-living unit. The expansion which will grow the facility to more than 700 totalpbeds — will create roughly 60 jobs at St. which currently employs 360. Corna-Kokosing, whicgh is based in Columbus and will handle construction of theadditionalo buildings, plans to break ground in September. The project is a part of an overal l campus expansionat St. Leonard.
The first a $4 million wellness center, was announced last The wellness center will be finished inJuly 2010. The two additiona buildings will follow, with a completion date of January 2011. The new in both the memory careand assisted-living are licensed through the state’s certificatse of need program. They will be private roomxs with larger floor plansthan St. Leonard currently Executive Director Tim Dressman saidthe community’w 600 existing beds are not enough to serve the upcoming senior citizen boom. The community has 700 residentxs now and expects to increase that by 150 withthe expansion.
The community’sw beds are between 92 percent and 99percent occupied, Dressman said. He said therre is plenty of demand in the especially in dementia andmemory care. Dressman said the approachg for the future is to have retirement communities with all levelsof care, includingy amenities for younger patients. Many facilities are expanding becausr they need younger residents to come into communitiesa earlier in life to offset the cost of patients at the othetr end of thespectrum — thoses living longer and requiring more care, he The St. Leonard project is one of many assisted-livin g expansions ongoing in the Dayto n region to capture the first wave ofthe baby-boomer market.
Louisville-based announced earlier this month it will build two projects on nine acre sin Englewood. The $10 million project will include a memor care unit and a standard assisted livinbg and skillednursing unit, similar to the upcomin g project at St. Leonard. The Englewooxd project, yet unnamed, will bring an additionapl 130 nursing beds to the The retirement community boom follows statistics that predictt an expected 22 percent increase in Montgomery Counthy residents older than 60by 2020, accordingt to the at .
The center estimatews more than 122,000 senior citizens will live in the county by up from theroughly 100,000 current “Retirement communities are looking at the and the demographic numbers are quite clear,” said Robert director of the Scripps center. “The 85-plus group is the fastestt growing group inthe country.” Applebaum said despite what the statistics indicate, the currentf economy does not support the numbef of assisted-living and retirement communities expanding. “Occupancy is relativelgy stable,” he said. “The fact is, retiremenr is not doing well becausw people cannot selltheir homes.
” Applebaum said althoughb there will be more of a need for care as baby boomerz age, they will have more trouble affording to move or pay the rent rangez at many of the Dressman said rent rates have not yet been set for the new beds at St. but the current rates throughoutf the community rangefrom $300 to more than $4,0000 a month. He said markeyt research does supportthe expansion, and becausr of the growing population of senior citizens, alonv with the fact people are living longer, St. Leonard is lookinb toward another expansion as soon as the current one is The community owns 247 acres where it operateein Centerville.
“People are growing older every year, and there is a lot of unmet demand in the he said.
Tuesday, December 6, 2011
Mizuho Asset May Buy China Banks, Developers After Market Rout - BusinessWeek
karnergetajequ1416.blogspot.com
Mizuho Asset May Buy China Banks, Developers After Market Rout BusinessWeek 6 (Bloomberg) -- Mizuho Asset Management Co., a unit of Japan's third-largest bank, may buy “cheap†Chinese banks and developers because they may outperform in a rebound by the nation's stocks as inflation eases. The firm, which has a “slightly ... |
Saturday, December 3, 2011
Steven Monk finished fourth at the Cliff Keen Las Vegas Invitational Saturday. - NDSU Bison Athletics
sucujovide.wordpress.com
NavySports.com | Steven Monk finished fourth at the Cliff Keen Las Vegas Invitational Saturday. NDSU Bison Athletics Sophomore and 17th ranked Steven Monk finished fourth at 157 pounds to lead the North Dakota State wrestling team on the second day of the Cliff Keen Las Vegas Invitational. No. 7 Trent Sprenkle was fifth at 125 pounds, while Kurtis Julson took eighth ... Ohio State wrestling wins team title at 2011 Cliff Keen Las Vegas Invitational Kalil and Rebertus Among Placewinners at Cliff Keen Las Vegas Invitational Event: Cliff Keen Las Vegas Invitational (Day 1 of 2) |
Thursday, December 1, 2011
Leeds municipal court to hear case against Honda employee cited under ... - al.com (blog)
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al.com (blog) | Leeds municipal court to hear case against Honda employee cited under ... al.com (blog) (The Birmingham News/Joe Songer) The employee -- whose name has not been released -- was stopped by Leeds police during a license checkpoint on US 78 Monday night, said city magistrate Laura Roberts. The man was able to produce a valid passport and had ... Honda worker to appear in Leeds city court Honda employee cited for breaking US immigration law |
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