Wednesday, January 02, 2013
Tuesday, January 01, 2013
Sperm donor ordered to pay child support to lesbian couple despite him giving up rights to the child
Sperm donor ordered to pay child support to lesbian couple despite him giving up rights to the child | Mail Online
The legal agreement that the three made in 2009 was deemed invalid by Kansas state because they did not use a certified doctor for the insemination.
The legal agreement that the three made in 2009 was deemed invalid by Kansas state because they did not use a certified doctor for the insemination.
"Stockton tries a Chrysler"
Fix Pacifica: Bakersfield bankruptcy in stalemate
Wall Street Journal/Review and Outlook/Top Stories in Opinion, 12/31/12. "Stockton tries a Chrysler"
The municipal bankruptcy unfolding in Stockton, California is giving investors a bad case of deja vu. Just as the Obama Administration bailed out the United Auto Workers in Chrysler's bankruptcy while hanging bondholders out to dry, the city of Stockton is subordinating its bond debt to worker pensions.
But what's really scary is that the Stockton case could be replayed in dozens of California cities.
The San Joaquin Valley's second largest city filed for Chapter 9 bankruptcy this summer after a three-month mediation with creditors and unions ended in stalemate.
Bond insurers that guarantee about $200 million in debt wouldn't submit to a haircut unless the rich pensions that helped drive the city to bankruptcy were also clipped.
Yet unions wouldn't countenance an even modest reduction to their pensions.
.... Ratings agencies downplay the "systemic risk" that the Stocktons of the United States pose to the $3.7 trillion municipal bond market.
But then they also said mortgage-backed securities were Triple-A.
While the market may not be in danger of blowing up soon, bondholders face a very real danger of being blown off to preserve worker pensions.
Wall Street Journal/Review and Outlook/Top Stories in Opinion, 12/31/12. "Stockton tries a Chrysler"
The municipal bankruptcy unfolding in Stockton, California is giving investors a bad case of deja vu. Just as the Obama Administration bailed out the United Auto Workers in Chrysler's bankruptcy while hanging bondholders out to dry, the city of Stockton is subordinating its bond debt to worker pensions.
But what's really scary is that the Stockton case could be replayed in dozens of California cities.
The San Joaquin Valley's second largest city filed for Chapter 9 bankruptcy this summer after a three-month mediation with creditors and unions ended in stalemate.
Bond insurers that guarantee about $200 million in debt wouldn't submit to a haircut unless the rich pensions that helped drive the city to bankruptcy were also clipped.
Yet unions wouldn't countenance an even modest reduction to their pensions.
.... Ratings agencies downplay the "systemic risk" that the Stocktons of the United States pose to the $3.7 trillion municipal bond market.
But then they also said mortgage-backed securities were Triple-A.
While the market may not be in danger of blowing up soon, bondholders face a very real danger of being blown off to preserve worker pensions.
Gunman shoots one outside San Antonio movie theater
Gunman shoots one outside San Antonio movie theater | The Desert Sun | mydesert.com:
The gunman entered the theater and fired a shot but struck no one, Antu said.
An off-duty sheriff’s deputy working security then shot the gunman.
The gunman entered the theater and fired a shot but struck no one, Antu said.
An off-duty sheriff’s deputy working security then shot the gunman.
Monday, December 31, 2012
Muskegon County officials to be sworn in Thursday; Organizational meeting to follow
Muskegon County officials to be sworn in Thursday; Organizational meeting to follow | MLive.com
The reciting of the oath of office for several county officials, including newcomers such as Prosecutor-elect D.J. Hilson and two members of the County Board of Commissioners, is scheduled for 3 p.m. Thursday in Circuit Court Judge William C. Marietti’s courtroom on the fourth floor of the Michael E. Kobza Hall of Justice, 990 Terrace St.
The event, basically a kickoff to the new terms of those selected by voters in November, also features the organizational meeting for the County Board of Commissioners and a community open house for all of those elected officials.
The organizational meeting is scheduled for 3:30 p.m. in the County Board of Commissioners meeting room on the fourth floor of the Hall of Justice.
The community open house is set to follow from 4 to 5:30 p.m. in the board room.
The reciting of the oath of office for several county officials, including newcomers such as Prosecutor-elect D.J. Hilson and two members of the County Board of Commissioners, is scheduled for 3 p.m. Thursday in Circuit Court Judge William C. Marietti’s courtroom on the fourth floor of the Michael E. Kobza Hall of Justice, 990 Terrace St.
The event, basically a kickoff to the new terms of those selected by voters in November, also features the organizational meeting for the County Board of Commissioners and a community open house for all of those elected officials.
The organizational meeting is scheduled for 3:30 p.m. in the County Board of Commissioners meeting room on the fourth floor of the Hall of Justice.
The community open house is set to follow from 4 to 5:30 p.m. in the board room.
If aliens exist, they probably want to destroy us
Study: If aliens exist, they probably want to destroy us - CSMonitor.com
When considering the prospect of alien life, humankind should prepare for the worst, according to a new study:
Either we're alone, or any aliens out there are acquisitive and resource-hungry, just like us.
When considering the prospect of alien life, humankind should prepare for the worst, according to a new study:
Either we're alone, or any aliens out there are acquisitive and resource-hungry, just like us.
Brace For an Avalanche of Unfunded Debt
Mort Zuckerman: Brace For an Avalanche of Unfunded Debt - US News and World Report
The greatest fiscal challenge to the U.S. government is not just its annual deficit but its total liabilities. Our federal balance sheet does not include the unfunded social insurance obligations of Medicare, Social Security, and the future retirement benefits of federal employees.
Only in the small print of the financial statements do you get some idea of the enormous size of the unfunded commitments.
Today the estimated unfunded total is more than $87 trillion, or 550 percent of our GDP.
And the debt per household is more than 10 times the median family income.
The greatest fiscal challenge to the U.S. government is not just its annual deficit but its total liabilities. Our federal balance sheet does not include the unfunded social insurance obligations of Medicare, Social Security, and the future retirement benefits of federal employees.
Only in the small print of the financial statements do you get some idea of the enormous size of the unfunded commitments.
Today the estimated unfunded total is more than $87 trillion, or 550 percent of our GDP.
And the debt per household is more than 10 times the median family income.
The USS Scorpion Buried at Sea
The USS Scorpion Buried at Sea
Despite official denials, several informed sources allege the top-secret Sound Surveillance System (SOSUS) had indeed recorded an underwater duel between Scorpion and a Soviet submarine that ended when the Soviet launched a torpedo that struck and sank the American submarine.
One former SOSUS operator, Vince Collier, came forward decades later to tell in chilling detail how he and other sailors in SOSUS School were shown a bootleg copy of the tape that graphically depicted the death of Scorpion.
Despite official denials, several informed sources allege the top-secret Sound Surveillance System (SOSUS) had indeed recorded an underwater duel between Scorpion and a Soviet submarine that ended when the Soviet launched a torpedo that struck and sank the American submarine.
One former SOSUS operator, Vince Collier, came forward decades later to tell in chilling detail how he and other sailors in SOSUS School were shown a bootleg copy of the tape that graphically depicted the death of Scorpion.
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