Monday, December 31, 2012

Cowboys vs. Redskins: Live Game Grades, Analysis for Washington

In arguably the most significant game for the Redskins in the last two decades, the Dallas Cowboys travel to Washington tonight to battle for the NFC East division crown. Kickoff is set for 8:30 p.m. EST.

After starting the season 3-6, the Redskins have bounced back following their bye week and have won six straight.

Tonight the Redskins have the chance to defeat their bitter rivals, crown themselves division champs and solidify their spot in the playoffs.

We'll be bringing you live grades and analysis throughout the game. Be sure to check back after each quarter for updated info and stop by after the game for the Redskins' final report card.

Source: http://bleacherreport.com/articles/1462370-cowboys-vs-redskins-live-game-grades-analysis-for-washington

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Son Raises Money for Cancer Research after Father Dies of Pancreatic Cancer

They came to remember the life and fight of Les Van Zandt.

"He didn't go alone, you know we were there with him," said his son, Cole.?

Weeks after his father was diagnosed with pancreatic cancer, Cole Van Zandt found a way to help his family with "Fight the Fight." Though Les died Christmas day, the family felt it was still important to go on with the event.

"Dad had talked about how fun it would've been, or it was going to be to go," said Cole.

Though the event was originally set up to help Cole and his family pay for the medical expenses, now he simply just wants to give back.

"We just felt like we could go ahead and go on with the fundraiser and donate all the proceeds to the American Cancer Society," he explained.

Not only is it what his dad would've wanted, Cole now wants to help other families fighting cancer.

"Any person that has a family member that may be suffering from cancer, now I know how that feels. You know, it feels good to be able to help somebody," Cole said.

And hoping to one day set up a fund in his father's memory to help find the cure to pancreatic cancer.

Source: http://bigcountryhomepage.com/fulltext?nxd_id=559312

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Sunday, December 30, 2012

Gun-liability insurance ? The Reality-Based Community

December 28th, 2012

I?m not a fan of mandatory liability insurance for gun owners; Megan McArdle picks some good holes in the proposal, without even mentioning the big problem about how to attribute liability when the firearm used in an assault or homicide is never recovered by law enforcement. But even a flawed concept ought to be considered in its most nearly plausible form.

For gun-liability insurance, it seems to me the most plausible form would be strict liability on the manufacturer (or importer) for any damage to third parties done with the gun, and a requirement that the liable party either carry insurance or post a bond (to avoid the ?judgement-proofness? problem.) Damage from unrecovered weapons could be allocated on the market-share principle.

That system would give the gun industry a strong incentive to be careful about not selling to people who might misuse the weapon or re-transfer it to someone who would. In effect, such a law would force the gun industry to act as a regulatory authority.

Now go back to Megan?s piece to read about all the issues that would raise. And then think about how hard it would be for anyone living in a poor African-American neighborhood to buy a gun.

Source: http://www.samefacts.com/2012/12/crime-control/firearms/gun-liability-insurance/

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Saturday, December 29, 2012

Top 10 insurance stories of 2012 ? Bankrate, Inc.

Insurance news touched the lives of every American in 2012. Dim the lights, cue the music and ready the ball to drop (no worries, it's insured),? because here's my countdown of the top 10 insurance stories of the year.

10. Bundling: Allstate continued to wash its hands of "unprofitable" business by shedding 10,000 South Carolina homeowners insurance customers who refused to bundle in their auto insurance and have their cars covered by the "good hands" people, too. The company previously purged 45,000 nonbundling North Carolina customers in November 2011, sparking protests from Bankrate readers.

9. Curbing bad habits: Insurance companies are sick of paying for our bad habits. A Cornell University study found that obesity directly contributes to $190 billion in health care costs each year, a staggering 20 percent of our national health care expenditures. Employers are choking on the cost to insure workers who smoke, a breathtaking $193 billion each year, or an additional $11,000 per smoker annually. As for intoxicants, health insurers have convinced legislatures in 25 states to pass "alcohol exclusion" laws that allow insurers the option to not cover you if you injure yourself while buzzed on alcohol or drugs.

8. Texting, driving and dodging: Federal officials say the use of mobile devices while driving causes 3,000 fatalities each year. The question is, how will the auto insurance industry respond? So far, it has largely avoided the subject.

7. Flood reform at last: The bad news? The National Flood Insurance Program, or NFIP, remains about $18 billion in the red, largely due to Hurricane Katrina. The good news? Last July, President Barack Obama signed the Biggert-Waters Flood Insurance Reform Act of 2012, which extends NFIP for five whole years and ushers in long-overdue reforms designed to make the program self-sustaining for the first time in its history.

6. Auto under siege: The Consumer Federation of America took auto insurers to task in 2012, accusing the industry of charging the poor more for auto coverage; bilking consumers out of "tens of millions of dollars" by manipulating computerized claims data; using personal?information such as gender, employment and education to set policy rates; and quoting excessively high rates on online shopping sites. An insurance trade group responded that car insurance rates are seeing increases in line with overall inflation.

5. New homeowners pay more: New homeowners felt the sting of weather-driven home insurance rate increases, paying on average 19 percent more in 2011, a jump from $682 a year to $810 nationally.

4. Preventive care included: For the first time in history, the federal government now requires health insurers to provide dozens of preventive screenings and services to all insured Americans without additional cost. The requirement, part of health care reform, is especially beneficial to women, as it includes free mammograms and human papillomavirus, or HPV, testing.

3. Feds to run most state exchanges: Because more than half the states chose to work against rather than with health care reform these past three years, the federal government will set up and operate the mandated health insurance exchanges in two-thirds of the states beginning in 2014.

2. Isaac and Sandy: Hurricane Isaac and Superstorm Sandy, coming just a year after lumbering Hurricane Irene, proved yet again that slow-moving, widespread drenchers can cause just as much destruction as?megastorms like Andrew and Katrina. The question lingers: Is this the new normal?

1. Obamacare survives two scares: The Affordable Care Act of 2010, Obama's landmark course adjustment for America's health care system, emerged largely unscathed from a contentious three-month U.S. Supreme Court battle, then cleared its final hurdle with the president's re-election.

A happy and prosperous new year to you all!

Follow me on Twitter: @omnisaurus

Subscribe to Bankrate newsletters today!

Source: http://www.bankrate.com/financing/insurance/top-10-insurance-stories-of-2012/

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Would-be adoptive parents look beyond Russia

NEW YORK (Reuters) - Russia's new ban on U.S. adoptions is the latest setback for hopeful American parents as countries increasingly impose restrictions.

Other countries, including China and Guatemala, have erected hurdles for adoptive families as they create their own domestic adoption programs. The signing of the Hague Convention on adoption in 2008 drastically improved regulation of the process, which had been rife with corruption. But it has also led to a slowdown in adoptions or shutdowns in some countries. Internal politics and abuse concerns are additional reasons why countries have tightened controls.

In 2004, U.S. citizens adopted 22,991 children who had been born abroad, an all-time high, according to Adoptive Families magazine. By 2011, that number had fallen to 9,319. (For a graphic view of how international adoptions have fallen in various countries, see http://link.reuters.com/tut84t)

There are still other options for Americans wanting to adopt an international child. Bulgaria, Columbia and many African nations are some of the new, go-to countries for U.S. adoptions.

But even that's not a sure thing. For would-be adoptive parents the best bet is to widen their search to include special needs kids, sibling groups and older children.

AFRICA'S ADOPTION EXPLOSION

Africa, which represented 22 percent of adoptions in 2009, is expected to be a bigger player in the future. "A decade ago, there were very few adoptions (in Africa)," according to Susan Soonkeum Cox, vice president policy and external affairs at Holt International, a Christian adoption organization. "Now, there's an explosion."

African countries seeing an increase in adoptions include South Africa, the Democratic Republic of the Congo, Ghana, Kenya and Ivory Coast.

Adoptions in Ethiopia, meanwhile, have declined from a peak of 2,511 in 2010 as the country overhauled its oversight process. But it is still a viable option, Cox said.

Cox advises working with an adoption agency that has staff on the ground in Africa and other countries to handle paperwork and advocate for U.S. families.

Other countries that still welcome American adoptions include Bulgaria and Colombia, said Megan Montgomery, international adoption coordinator for Adoption Star, based in Amherst, New York. Adoption Star primarily deals with adoptions from Bulgaria, a country that has gone from five placements in 2008 to 75 adoptions in 2011.

Placements from Vietnam and Cambodia, which shuttered their U.S. adoption programs, should resume soon, adoption experts say.

FAMILIES CAN'T FLIP A SWITCH

Adoptions of Russian children peaked in 2004, according to Dale Eldridge, coordinator of adoptive services at Jewish Family Services' Adoption Choices, a non-profit adoption program based in Framingham, Massachusetts. Right now, fewer than 50 U.S. adoptions of Russian children are formally in the works while another 250 U.S. families have identified kids they would like to adopt, adoption experts said.

Unfortunately, families that already have started an adoption in Russia can't just flip a switch and redirect their efforts to another country. "I wish it was as simple as taking some families who have been waiting (for Russian children) to just move over to another country," said David Nish, chief program officer at Spence-Chapin, a U.S.-based adoption agency that finds homes for children in the United States and around the world. "But it's a whole other process."

That's because every country has its own eligibility requirements. Criteria can include parents' marital status, age of the parents, employment, financial status, medical issues, and even the age difference between the adoptive parents and adoptee child. The adoption process remains restrictive for single-sex couples.

And the cost can be prohibitive. For example, the median fee in 2011 was $8,000 for the Dominican Republic, $15,355 in Panama and $26,063 in South Africa, according to the U.S. State Department's Intercountry Adoption Annual Report. Adoption fees for many of the 30-plus countries on the State Department's list are in the range of $20,000. That's not including travel costs.

Even so, international adoptions are often cheaper than domestic ones for newborn babies, which can cost $40,000 or more.

OLDER CHILDREN

To speed up the process, would-be adoptive parents should consider a school-age child, experts say.

According to the State Department, 233,934 international adoptions were made by Americans from 1999 to 2011. Nearly 94,000 of those adoptions involved children under the age of one. Just about 20,000 children aged three or four were adopted during that period. And for kids aged 5 to 12, it was 29,712.

The benefit of adopting a school-age child is that it is easier to identify developmental and emotional problems ahead of time. "There's more you can do to prepare and put resources in place to support what they need," Spence-Chapin's Nish said.

School-aged children can be challenging if pre-adoptive experiences affect their development, he said.

A special needs child is also a possibility. One way to fast-track an international adoption may be to apply for a child with known medical or special needs, said Adoption Star's Montgomery. "For families with resources, it can be great option," Montgomery said. "Of course, you really have to find the right family to take on that kind of known medical need."

Special needs can range from a baby born with a minor medical problem, such as a cleft palate, to more serious issues, such as a heart condition, blindness or spina bifida. "It's not about families getting a child quicker," Nish said. "It's about a family accepting a child into their household that they can provide for and love and nurture."

China's Waiting Child program, which includes children who have special needs or correctable medical conditions or are part of sibling groups, has wait times that are typically much shorter than the traditional program, according to Adoptive Families magazine. In 2011, more than half of adoptions from China were through this program.

Would-be parents must be prepared to wait. The Associated Services for International Adoption, a non-profit adoption group, says the wait time for an adoption referral in China is 73 months as the country has clamped down on U.S. adoptions. "If the wait time is becoming impractical, it's better to close the intake process" and start again, advised Holt's Cox.

Tracy Downey and her husband, Jason, who live in suburban Des Moines, Iowa, tried to go the traditional international Chinese adoption route in 2006. But after waiting for 18 months to bring home a baby from China, Tracy switched gears and started combing the official Chinese list of children with special needs along with additional lists from adoption agencies and orphanages.

The Downeys have since adopted a daughter, Angel, along with two sons - Corban and Tegan - from China, all with large, potentially disfiguring moles known as a giant congenital nevi. They started the process to bring home the two boys, now aged 3-1/2, last January. It took about 10 months.

Aside from their large moles - which are on two of the children's faces and on the other's lower body - all three kids are healthy and thriving, Tracy said.

"If we wanted a non-special needs child, we'd still be waiting," Tracy said.

(Follow us @ReutersMoney or at http://www.reuters.com/finance/personal-finance; Additional reporting by Chelsea Emery and Beth Pinsker Gladstone; Editing by Linda Stern and Steve Orlofsky)

Source: http://news.yahoo.com/adoptive-parents-look-beyond-russia-192952945.html

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Argentina asks U.S. court to block payouts for debt holdouts

NEW YORK (Reuters) - Argentina is urging a U.S. appeals court to reverse an order requiring the country to pay $1.33 billion to creditors who did not participate in its two debt restructurings, a legal case that could have huge ramifications for global debt markets.

Lawyers for Argentina's government said in court papers filed late on Friday that a trial judge was "wrong to ignore the chorus of voices" who opposed his November order on payments to so-called "holdout" creditors.

Those payments, to a court-controlled escrow account, would threaten the service of $24 billion in restructured debt, Argentina's lawyers wrote in papers filed in the 2nd U.S. Circuit Court of Appeals in New York.

"There is no authority permitting a U.S. court to order a sovereign to bring its immune assets into the United States in order to 'turn over' or distribute them to its creditors," lawyers for the Argentine government said in the 69-page filing.

The appeals court is expected to decide next year whether to force Argentina to pay the $1.33 billion to investors in the defaulted debt. The decision could have broad impact on the ability of governments to raise money by selling bonds and on strained countries' response to economic crises.

The case stems from Argentina's $100 billion sovereign debt default 11 years ago. Argentina is trying to avoid paying the holdout creditors, who refused to take part in massive debt restructurings in 2005 and 2010.

About 92 percent of the bonds were restructured, giving holders between 25 cents and 29 cents on the dollar.

But the holdouts, led by Elliot Management Corp affiliate NML Capital Ltd and the Aurelius Capital Management funds, demanded to be paid in full. Argentina calls the holdouts "vultures" and has resisted.

In the papers filed on Friday, Argentina said it is willing to resolve the litigation by reopening the restructuring offer, a move that would require legislative permission but that would likely be rejected by plaintiffs.

"The executive is prepared to once again present to Congress a proposal that definitively treats all holdout creditors on the same terms as participants in the Republic's 2010 exchange offer," the filing says.

"The Republic has already made two debt restructuring offers that plaintiffs chose to reject. It cannot present a proposal that treats holdout creditors better than exchange bondholders."

LONG-RUNNING CASE

In a separate court filing, lawyers for holders of restructured bonds said that holdouts should not be offered better terms than "innocent" bondholders who took part in the swaps. The restructured bondholders include funds managed by Gramercy Financial Group LLC and BlackRock Inc , according to the court papers from the group.

The case has run for years in U.S. courts. Oral arguments before the 2nd Circuit on the appeal are set for February 27, 2013.

A decision against Argentina would deal a setback to President Cristina Fernandez, who is trying to avert the fallout of a potential technical default on tens of billions of dollars of debt.

In a statement late on Friday, an NML spokesman said Argentina was well placed to compensate the holdouts, citing its "more than $43 billion in foreign currency reserves" and billions more in other resources.

"Today's filing by the Republic once again demonstrates Argentina's irrational persistence in evading its contractual obligations and the orders of U.S. courts," said Peter Truell, a spokesman for NML.

There was no immediate reaction comment from Argentina.

Also on Friday, the U.S. government filed a friend-of-the-court brief in support of Argentina's bid for the appeals court to reconsider its October ruling that found Argentina had improperly discriminated against bondholders who did not participate in the debt swaps.

The U.S. government said countries needed leverage to garner broad creditor support for a restructuring. It cited the recent debt exchange in Greece as an example of a situation in which holdouts can threaten orderly bond restructurings.

JUDICIAL REPRIEVE

Following the appeals court's October decision, U.S. District Judge Thomas Griesa in Manhattan on November 21 commanded Argentina to put the payments for the holdouts into escrow by December 15.

But on November 28, the 2nd Circuit gave Argentina a reprieve, saying it did not need to make the escrow payment for now.

The battle has even extended to the 2-1/2 month seizure of the Argentine naval vessel ARA Libertad in Ghana at the request of NML. The boat was freed on December 19 following a ruling by an international admiralty tribunal.

In its court papers, Argentina said that if Griesa's orders were allowed to stand, "we may very well see the end of such restructurings and enter an era where debt crises are irresolvable. This will increase litigation, not reduce it."

The case is NML Capital Ltd et al v. Argentina, 2nd U.S. Circuit Court of Appeals, No. 12-105.

(Additional reporting by Martha Graybow in New York and Alejandro Lifschitz in Buenos Aires; Editing by Ron Popeski and Vicki Allen)

Source: http://news.yahoo.com/argentina-asks-u-court-block-payouts-debt-holdouts-054447388--finance.html

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Race To The Finish at Sheldon Hills With Three Homes Remaining ...


?This is the last chance you have to become a part of this special setting,? explains Garrett Melahn, Community Sales Manager for The Ranch at Sheldon Hills. ?So many of today?s buyers refuse to feel bound by tiny lot sizes that have become the ?norm?. With our 2+ acre parcels, you now, literally, have 10-12 times the space of traditional neighborhood layouts. Here, your neighbor is never too close for comfort, and the chance to have that is dwindling. The last remaining luxury estate homes are under construction now and there are only three left!?

The most popular design has been the Tucson, and with only three left in the entire neighborhood, now is the time to take a look at why. Located on home sites 21, 31, and 32 they are newly released single story four bedroom, plus a den, two and a half bath, and three car side-loaded garages. The Tuscons offers an open, split floor plan with dual master bedrooms, an inviting entry that flows into an oversized family room that is geared towards entertainment, with a wall of picture windows. The final release of Tuscons offer the highly sought after ?Platinum Package? upgrades. The Platinum Option packages includes tens of thousands of dollars worth of the industry?s top of the line upgrades; Upgraded tile flooring in all wet areas, granite slab countertops with backsplash, stainless steel appliances, and dual ovens prepare you for entertaining friends and family. Situated on 2+ acres there is no other value that compares these Tuscons. You truly ?live the dream? in this home. The Scottsdale is available starting at $584,900 when using JTS?s preferred lender.

Useable Acreage

With 2 + acre parcels, you can have your home work for you. Create your own farmers market and enjoy fresh, healthy choices year round. Nowhere else in the area can you choose from so many produce and even livestock options. Your ?homestead? will save you money by becoming your personal supermarket.

?Compare the value difference in our new homes on acreage,? explains Melahn Community Sales Manager for The Ranch at Sheldon Hills, ?At Sheldon Hills our amenities extend beyond the walls of our homes. The acreage allows the privacy and usability that is so coveted in today?s market. You can create a personal retreat that will last you the rest of your life.?

*To get more information on The Ranch at Sheldon Hills, from Sacramento take Highway 50 to the Sunrise exit and go south. Turn left on Jackson Highway to Sloughhouse Rd., turn right and go two miles then turn right at the Sheldon Hills entrance to the model. The sales office is open Friday through Tuesday from 10 am to 6 pm. For more information, contact the sales office at (916) 484-5226. Broker coops are welcome and well received at 3%.

Source: http://jtscommunities.com/2012/12/29/race-to-the-finish-at-sheldon-hills-with-three-homes-remaining-plus-stunning-model/

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