Apr 30

Barack Obama presents rescue plan after GM declaration of bankruptcy

Monday, June 1, 2009

In a televised speech from the White House at 16:00 UTC today, President of the United States Barack Obama presented a reorganization plan following the 12:00 UTC announcement by General Motors that it had filed for bankruptcy and Chapter 11 protection from its creditors, the largest bankruptcy of a U.S. manufacturing company.

Describing the problem with the company as one that had been “decades in the making,” Obama explained the rationale behind his proposed reorganization plan for General Motors. He stated that his intent was not to “perpetuat[e] the bad business decisions of the past,” and that loaning General Motors money, when debt was its problem, would have been doing exactly that. His plan, he stated, was for the United States government, in conjunction with the governments of Canada and Ontario (which he thanked for their roles alongside the government of Germany which he thanked for its role in selling a corporate stake in GM Europe), to become shareholders in General Motors. The United States government would hold a 60% stake. The government will give GM a capital infusion of US$30 billion in addition to the funds it has already received.

Of the government ownership he stated that he refused “to let General Motors and Chrysler become wards of the state”, and described the bankruptcy of Chrysler, and the bankruptcy of General Motors that he envisioned as being “quick, surgical, bankruptcies”. He pointed to the bankruptcy of Chrysler as an example of what he envision for General Motors, but stated that General Motors was a “more complex company” than Chrysler.

Responding to challenges voiced by political opponents, before the speech, that the federal government would actively participate in the affairs of the restructured company, he stated that he had “no interest” in running GM, and that the federal government would “refrain from exercising its rights” as a corporate shareholder for the most part. In particular, he stated that the federal government would not exercise its rights as a shareholder to dictate “what new type of car to make.” He stated that he expected the restructured GM to make “high quality, safe, and fuel-efficient cars of tomorrow,” and several times described what he anticipated as “better” and “fuel-efficient” cars, after a streamlining of GM’s brands.

He said to the general public that “I will not pretend that the hard times are over.” He described the financial hardship that some — shareholders, communities based around GM plants, GM dealers, and others — would undergo as a “sacrifice for the next generation” on their parts, so that their children could live in “an America that still makes things,” concluding that one day the United States might return to a time when the maxim (a widely-repeated mis-quotation of what Charles Erwin Wilson once testified before the U.S. Senate when nominated for the position of Secretary of Defense) would once more be true that “what is good for General Motors is good for the United States of America.”

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Apr 30

On the campaign trail in the USA, August 2016

Friday, September 23, 2016

The following is the fourth edition of a monthly series chronicling the U.S. 2016 presidential election. It features original material compiled throughout the previous month after an overview of the month’s biggest stories.

In this month’s edition on the campaign trail: the vice presidential nominee of the Reform Party is revealed; those attacked in a high profile campaign speech respond; and Wikinews interviews an economist seeking the presidency a second time.

Contents

  • 1 Summary
  • 2 Reform Party vice presidential nominee confirmed
  • 3 Alt-rightists respond to Clinton speech
  • 4 Wikinews interviews economist again running for president
  • 5 Related articles
  • 6 Sources
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Apr 29

Russian territory expands by 4.5 square kilometres after seismic activity

Saturday, November 14, 2009

According to scientists, the land territory of Russia has expanded by about 4.5 square kilometres within the last few years in the Far East due to seismic and volcanic activity.

The gained land was recorded in the Sakhalin Peninsula. Boris Levin, head of the Institute for Sea Geology and Geophysics of the Russian Academy of Sciences, said that the increase happened primarily due to two seismic events.

The first, in August of 2007, was when a heavy 6.8 earthquake near the city of Nevelsk in the Far East raised about three square kilometres of seabed above the level of the water. The second was in June of this year, when the Sarychev Peak volcano on the Matua Island erupted. GPS trackers on the Matua island were used to monitor the eruption, and the volcano changed its shape, adding 1.5 square kilometres of land, scientists said.

Geologists also reported that the Kuril Islands nearby were slowly moving towards mainland Russia at an estimated rate of eighteen milimetres per year.

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Apr 29

Billy West, voice of Ren and Stimpy, Futurama, on the rough start that shaped his life

This article mentions the Wikimedia Foundation, one of its projects, or people related to it. Wikinews is a project of the Wikimedia Foundation.

Wednesday, February 13, 2008

Ren and Stimpy. Bugs Bunny. Philip J. Fry and Professor Hubert Farnsworth on Futurama. Sparx. Bi-Polar Bear. Popeye the Sailor Man. Woody Woodpecker. You may not think you have ever heard Billy West, but chances are on a television program, a movie, a commercial, or as Howard Stern’s voice guru in the 1990’s, you have heard him. West’s talent for creating personalities by twisting his voice has made him one of a handful of voice actors—Hank Azaria and the late Mel Blanc come to mind—who have achieved celebrity for their talent. Indeed, West is one of the few voice actors who can impersonate Blanc in his prime, including characterizations of Bugs Bunny, Daffy Duck, Elmer Fudd and other characters from Warner Bros. cartoons.

What is the fulcrum in Mr. West’s life that led him to realize a talent to shape personalities with his voice, and how did the discovery of that gift shape him? Wikinews reporter David Shankbone found that like many great comedians, West faced more sour early in life than he did sweet. The sour came from a physically and emotionally abusive alcoholic father (“I could tell you the kind of night I was going to have from the sound of the key in the door or the way the car pulled up.”), to his own problems with drug and alcohol use (“There is a point that you can reach in your life where you don’t want to live, but you haven’t made the decision to die.”).

I’m telling you stuff that I never said to anybody…

If sin, suffering and redemption feel like the stages of an endless cycle of American existence, West’s own redemption from his brutalized childhood is what helped shape his gift. He performed little bits to cheer up his cowed mother, ravaged by the fact she could not stop her husband’s abuse of young West. “I was the whipping boy and she would just be reduced to tears a lot of times, and I would come in and say stuff, and I would put out little bits just to pull her out of it.”

But West has also enjoyed the sweet. His career blossomed as his talent for creating entire histories behind fictional characters and creatures simply by exploring nuance in his voice landed him at the top of his craft. You may never again be able to forget that behind the voice of your favorite character, there is often an extraordinary life.

Below is David Shankbone’s interview with renowned voice actor Billy West, who for the first time publicly talks about the horrors he faced in his childhood; his misguided search for answers in anger, drugs and alcohol; and the peace he has achieved as one of America’s most recognizable voice actors.

Contents

  • 1 The use of celebrities for voiceovers
  • 2 Iconic characters and choosing projects
  • 3 Discovering his talent
  • 4 “It was a horror chamber where I grew up”
  • 5 West moves to Boston after his parents divorce
  • 6 How West dealt with his father’s abuse
  • 7 Rehabilitation and sobriety
  • 8 Is West glad he experienced addiction?
  • 9 West on his career
  • 10 West on politics
  • 11 Billy West on modern American society
  • 12 Billy West on telling it like it is
  • 13 Source
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Apr 26

Canberra’s Sophie Lavers crowned Miss World Australia

Thursday, July 23, 2009

Sophie Lavers, a 24-year-old woman from Canberra, has been crowned Miss World Australia in Sydney. She defeated nineteen other finalists to take the prize and will represent Australia at the Miss World event in South Africa.

The entrants were judged based on several categories including best talent, healthy body image, sports and fitness and beauty with a purpose. An aspiring actress, she is completing an acting course and hopes to build a career in film and television. She is also a qualified fitness instructor and has worked as a Kings Cross waitress.

She has been described in the media as having an “amazing figure” and it has been rumoured that she has used this for modelling work. However, Lavers has said that her body has only been modelled for a good cause: “Some do think that, but I have only ever modelled for charity.”

She also doubts much will change for her, at least in the near future. “I’ll still get up and probably have peanut butter on toast for breakfast but after that I’m not sure what’s happening. I guess I won’t be going to work tomorrow.”

She explained that all the girls who entered were dedicated to making a difference. “I just think it’s like having little angels out there through the country helping in all different areas whether it’s with children, or blind people, or the homeless.” Lavers also complained that non-stop smiling for the event has left here mouth sore. “I’m not used to smiling for hours on end.”

Lavers is now set to head to Johannesburg for the December 12 global competition. “I’ve got to get a month of outfits ready and get a talent and another speech and everything. Oh goodness.”

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Apr 26

JPM Coin Expanding to 220 Banks for Payments

Monday, April 22, 2019

Earlier this year in February, JP Morgan Chase had introduced its own cryptocurrency for transactions called JPM coin which was under the scanner and controversies for a long time as JP Morgan and its other fellow banks have always criticized Bitcoin and other cryptocurrencies. In mid-2017, Jamie Dimon of JP Morgan announced Bitcoin to be a ponzi scheme due to which Bitcoin suddenly fell down by over 15% in one day.[1]

Volatility is not new for Bitcoin and other currencies but now with JP Morgans new move of introducing payments with 220 Banks globally by using its own private blockchain tech and cryptocurrency, it going to pump trillions of dollars into cryptographic form.[2]

“This removes many challenges and hurdles — tooling, ecosystem, data, environment, etc,” said Mr Hunter, JP Morgans Global Clearing Head. “Developers only need to bring their intellect.”

“When so much of money is circulated through private encrypted blockchains, it becomes difficult to prove and audit the assets backed behind each JPM Coin, in this case it is the US Dollar. This gives great scope to manipulation” said Sidharth Sogani, Founder of CREBACO Global Inc on a phone call.Under so much pressure by the governments on the banks and the economic system, only time will tell how this move of JP Morgan will perform.

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Apr 23

Using Glow In The Dark Paint To Decorate A Nursery

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By Alyssa Davis

Many unique paints and decor ideas are available for decorating the nursery that will be welcoming your new little one and undoubtedly there are some options that you might not have considered before. It is easy to choose from classic shades like pink, blue, and white, but there are other options that make sense for a variety of reasons. For instance, you might consider using glow-in-the-dark paint to decorate a nursery as part of a modern, eclectic, or unique style that is creative and interesting. Here are some ideas for taking this less conventional approach.

What is glow-in-the-dark paint?

The term “glow in the dark” explains the purpose of the paint: creating a soft, glowing light that relies on something other than electricity to offer a dim source of lighting in a specific space. Although usually used in older children’s bedrooms as a fun, creative touch, you can use glow-in-the-dark paint to create a energy-free nightlight for energy-efficient, eco-friendly parents. The glow from this type of paint is soft enough so as not to disturb baby, but sheds enough light to see in the space around the paint. Keep in mind that it takes a significant amount of glow-in-the-dark paint, also called self-luminous paint, to light the room for diaper changing and similar tasks, but it is a helpful way to navigate the room without having to turn on bright lighting.

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Where do you buy this type of paint?

Most paint retailers and home decor warehouses sell a wide variety of paints, including glow-in-the-dark shades from various brand names. You can apply to almost any surface that can be painted, from furniture to walls and even the ceiling, depending on the look that you are trying to achieve. Most home decor experts recommend using this type of paint in moderation, not only because it can be rather costly, but also because too much of it looks tacky, especially in a nursery.

Which part of the nursery is most suitable for glow-in-the-dark paint?

There are both spray and standard paint options for glow-in-the-dark paint, so it is easy to apply to most surfaces. One of the most popular options for adding glow-in-the-dark paint in a nursery is to design a mural, using this paint for stars, moons, or windows. Another great option is to create a nighttime sky above the crib on the ceiling, with stars in different shapes and sizes to capture baby’s attention and spark the imagination someday, encouraging creativity in the future.

How should glow-in-the-dark paint be applied?

As before mentioned, you can use a paintbrush, roller, or a can of glow-in-the-dark spray paint to create interesting shapes and designs in the nursery. It can be difficult to use a can of spray paint if the stencil shape you are planning to use is small, and in this case it is better to use paint and a small brush instead. A roller is great for large jobs, such as on murals, but in most cases a small can of paint, small paintbrush, and a few stencil shapes get the job done wonderfully.

About the Author: Alyssa Davis is the top writer and creative design specialist for Metal-Wall-Art.com. She specializes in designing with

wolf metal wall art

and

sun metal wall art

.

Source:

isnare.com

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Apr 22

Sarkozy appoints François Fillon as Prime Minister of France

Thursday, May 17, 2007File:Francois fillon1.jpg

The new President of France, Nicolas Sarkozy has appointed François Fillon to head the new French government. Fillon’s predecessor Dominique de Villepin stepped down yesterday, and formally handed over the post during a ceremony today.

The nomination did not come as a surprise after the British newspaper the Financial Times had reported on May 8 that Sarkozy had introduced Fillon to Tony Blair in a telephone conversation.

François Fillon (53) has been the political advisor of Sarkozy in the UMP for the past 2 years, and he was Sarko’s campaign leader during the recent presidential elections. Fillon has experience in negotiating with the trade unions, having undertaken controversial reforms of the 35-hour workweek and the pension system. Sarkozy in his inauguration speech on Wednesday reiterated his plans to reform the French labour and social system, and Fillon will have to oversee these reforms as the new Prime Minister. Sarkozy said he wants to make the economy more flexible and lessen social tensions.

I expect I’ll end up being the first French premier with a Welsh wife.

The Guardian reported that Fillon is an Anglophile; his wife Penelope Clarke, with whom he has 5 children, was born in Wales. Ideologically, Fillon is being described as a moderate left-leaning member of the conservative UMP party.

Fillon had his first experience as a minister in 1993 when he became Minister for the Higher education and Research under PM Édouard Balladur. He later became Minister for the Post office, Telecommunications and Space, then Minister for the social Affairs, Work and Solidarity, and finally Minister for national Education, the Higher education and Research. At the university, he studied public law and political sciences.

Sarkozy might announce his cabinet of 15 ministers as early as Friday, half of which are going to be women, he said. Fillon will lead the UMP in the parliamentary elections next month. A poll on Wednesday predicted a 1.5% increase in votes for the UMP, up to 40%, compared to 28% status-quo for the allied socialists.

Reports say that Sarkozy has offered the foreign minister post to Bernard Kouchner, co-founder of Médecins Sans Frontières, who is seen as being on the left in French politics.

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Apr 22

UK Chancellor of the Exchequer makes 2005 Budget speech

Wednesday, March 16, 2005

The United Kingdom Chancellor of the Exchequer, the Right Honourable Gordon Brown PC MP, in a speech to the British House of Commons today presented his ninth Budget, what is very likely to be his last Budget before the next UK General Election. This opened the parliamentary debate on the 2005 Finance Bill, and was followed by responses from the opposition parties.

In a 48 minute long speech, the Chancellor presented a Budget of “tax cuts that are reasonable, spending that is affordable, and [economic] stability that is paramount”, that was “the prudent course for Britain”. There were few surprises that had not already been indicated in his 2004 pre-Budget report. The increase in the threshold on stamp duty was greater than that forecast by commentators, as was the amount of the Council Tax rebate to households with pensioners.

Contents

  • 1 The Budget in detail
    • 1.1 Duty
    • 1.2 Taxes
    • 1.3 Benefits
    • 1.4 Business
    • 1.5 Employment
    • 1.6 Savings
    • 1.7 Spending
    • 1.8 Memorials
  • 2 Responses from opposition parties
    • 2.1 Conservative
    • 2.2 Liberal Democrat
  • 3 Sources
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