CUNA delivers regulatory burden study to overregulation hearing

first_imgCUNA submitted its comprehensive regulatory burden study to the House Small Business subcommittee on economic growth, tax and capital access for the record of a hearing Thursday. The hearing focused on the impact of overregulation on community financial institutions, which CUNA’s study breaks down to a dollar amount.“The study found that the costs credit unions bear as a result of regulation, even with conservative measures, are extremely high and have increased substantially since the financial crisis and Great Recession,” wrote CUNA President/CEO Jim Nussle. “The cost of regulatory burden to credit unions in 2014 is conservatively estimated to be $7.2 billion ($6.1 billion in regulatory costs, and $1.1 billion in lost revenue). The $6.1 billion in costs represents 17% of operating expenses of the entire credit union system.”CUNA, with the support of state credit union leagues, commissioned Cornerstone Advisors to analyze the effect of the more than 200 regulatory changes that have followed the financial crisis. Cornerstone conducted an in-depth examination and quantification of the impact of regulations at credit unions of all sizes.“The burden is particularly significant for smaller credit unions since larger credit unions are able to spread compliance costs over a larger asset base. Smaller credit unions are devoting almost half of their staff time to dealing with regulations, taking time away from their members and impeding their ability to expand services and products offered,” Nussle wrote. “When small credit unions stop offering products and services, this limits the choices consumers have, which can be particularly problematic in rural and underserved areas of the country.” continue reading » 4SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Sarina Russo not just jobs guru but property buyer extraordinaire

first_imgSarina Russo at home in Brisbane City. Picture: Glenn BarnesBRISBANE richlister Sarina Russo is not just a jobs guru, with latest rental listings showing just one of her commercial office spaces earns over $8,000 a month for her.The prolific property investor has over the years put money down on commercial ventures including a Capalaba building she named Sarina Russo Square.More from newsMould, age, not enough to stop 17 bidders fighting for this homeless than 1 hour agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investorless than 1 hour agoA 262sq m office tenancy on the ground floor was listed as grossing just over $8100 a month, which included three exclusive car parks.The first floor 294sq m office – which has a 17sq m rear deck and four exclusive on-site car parks – grossed rental per calendar month of just under $8000.Ms Russo has about a dozen residential properties registered in her name including seven CBD apartments with stunning views.The most she paid was $2.85m for a three bedroom unit in Eagle Street a decade ago, though about 17 years ago she forked out $2m for her Admiralty Quays home.Her portfolio also includes absolute riverfront including a property in East Brisbane where the land alone was now valued at $3.2m.last_img read more

Patricia R. Cooper

first_imgPatricia R. Cooper, of Brookville, was born on February 12, 1955 in Connersville, Indiana, the daughter of Ray E. and Thelma K. Schomber Cooper.  She was the former owner of Ye Olde Shack in Brookville.  She loved her family, her house, her cats and nature.  Patricia’s family will remember as her as the “best Mom there ever could be.”  She passed away unexpectedly on Wednesday, June 21, 2017 at the age of 62. Those surviving who will honor Patricia’s memory include her son, Donald (Ana) Poling of Ft. Lauderdale, FL; one brother, Tom Cooper of West Chester, OH; newphews, Thomas R. Cooper of Liberty, Cory Cooper of Owensville, OH, and Dalton Cooper of West Chester, OH.  She is also survived by several other relatives and many friends.  Patricia was preceded in death by her parents. Friends and family may visit from 11 a.m. until 1 p.m. on Wednesday, June 28, 2017 at Cook Rosenberger Funeral Home, 929 Main Street, Brookville.  Burial will immediately follow in Maple Grove Cemetery.center_img Memorial donations can be directed to the Franklin County Humane Society or to the American Heart Association.  To sign the online guestbook or to leave a personal condolence, please visit www.cookrosenberger.com.  The staff of Cook Rosenberger Funeral Home is honored to care for the family of Patricia Cooper.last_img read more

Purple & Bold: How LeBron keeps track of Bronny during Lakers’ busy season

first_imgEditor’s note: This is the Saturday, Dec. 14 edition of the Purple & Bold Lakers newsletter. To receive the newsletter in your inbox, sign up here.MIAMI — Let’s briefly gloss over that it’s 77 degrees in Miami Beach today and look back about a week-and-a-half in a much colder climate.The scene is in the Pepsi Center in Denver, and the Lakers are celebrating a tough road win over the Nuggets. As guard Danny Green attempts to field a question, shouting from the other end of the locker room interrupts him.A herd of reporters twists their heads to spot LeBron James, sitting in front of his locker watching his phone while excitedly pumping his fist in the air. Newsroom GuidelinesNews TipsContact UsReport an Error As many NBA families know, the cruelty of the league is that it takes you away from home, often for extended stretches. Players, coaches, media, support staff and many others travel so much, it’s weaved into their rhythms of life, but it takes away time from relationships and hands-on parenting.More than ever, LeBron, a father of three, is feeling that sting.“If you ask me what’s been the only sucky thing about this season so far is that my son has played like six games into his freshman year and I haven’t seen one,” the four-time NBA MVP said Friday night. “I love what I do. I don’t take this for granted. This is a dream come true. But missing my son, you know Bron Jr., missing Bryce’s first game the other day when we left for Orlando, his first game of the season. Missing my daughter at gymnastics and things of that nature. And I understand the business, but it sucks.”James is fortunate to have the resources to track his son, and all indications are that he is a devoted follower of Bronny’s basketball exploits. An ESPN piece earlier this week detailed just how much control LeBron has over Bronny’s career, including hand-picking documentary and film crews. While the Lakers come first, tracking Sierra Canyon has arguably become his defining interest outside of his job.It’s fun to note that for this game on Saturday night, he’ll have intel from both sides: LeBron and St.­ Vincent-St. Mary athletic director Willie McGee, old high school teammates, will catch up for dinner before the game tips off at 5:30 p.m. PT.There’s a persistent rumor, sparked by a comment James once made himself rather audaciously, that he wants to keep playing in the NBA until Bronny is old enough to enter the draft. There are many bold assumptions involved in that premise, chiefly that Bronny is good enough to play in the NBA (he’s currently a role player on a star-studded team) and that LeBron is looking forward to playing pro basketball on the cusp of 40.Even LeBron, who likes to step into bold statements now and then, peeled back a little when asked about that Friday night.“My son is in the ninth grade and he’s a kid and we’re not even thinking about nothing besides how he can be a great teammate,” he said. “How he can be a great son. How he can be a great brother to his sister and little brother. His little brother and little sister. And how he can continue to be a great kid.  So we’re not even thinking about that, and he’s not thinking about that.”One wonders what LeBron might think about tonight, as he watches Bronny for the first time live on the national high school stage. Maybe there will be a stray hope or two that it might happen one day.— Kyle GoonLinking to the finishSweet Heat – Miami makes you bleed, but the Lakers became the first team to win there this season.Who is laughing now? – Maybe he never had dinner with Heath Ledger, but the Lakers GM isn’t a league laughingstock right now, Mark Heisler writes.AD for three – Frank Vogel and company want the Brow to hoist up the deep shots.Finding some peace – Dwight Howard is ready to mend fences with Orlando, as long as the Magic are interested.Dudz, the Muscle – After showing Jared Dudley’s softer side, we learned he has an edgy side as well.Winning ugly – The victory in Orlando wasn’t one to write home about.Just like his dad – Tarek Fattal talked to LeBron’s high school coach to scout up Bronny, who has some similar instincts. Not exactly like his dad – ESPN’s Brian Windhorst compared and contrasted father and son’s high school experiences.Revenge game? – Mirjam took a look at Frank Vogel’s return to Orlando leading the Western Conference’s best team.center_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREUCLA alum Kenny Clark signs four-year contract extension with Packers“Lil’ Bronny did something good,” Green surmises, before jumping in himself. “Hell yeah, Lil’ Bronny!”This kind of scene is playing out more frequently as the Lakers trek across the country. After their 23-3 start, the next hot conversation is all about another L.A. team: Sierra Canyon High School. The Lakers’ biggest star is also Sierra Canyon’s No. 1 fan.“He loves it,” forward Anthony Davis said. “Anytime we get a chance to watch a game, whether it’s on a plane or on a bus, he on his iPad or his phone making sure he’s watching his son play. It’s always a great time for him.”James is so excited about seeing his son play, he’s leaving the warmth of Miami early on Saturday for a quick trip to Columbus, Ohio, just to watch Sierra Canyon play St. Vincent-St. Mary which just happens to be his alma mater.It’s going to be a zoo: L.A. Daily News reporter Tarek Fattal reports from Columbus that Nationwide Arena – where the game was moved to accommodate the massive interest – is expecting at least 11,000 fans tonight and almost 300 credentialed media members. While James has expressed that he doesn’t want his son to do interviews as a high school freshman, there’s little doubt that Bronny has already started feeling the media saturation his father inspired as a high school star.last_img read more

Tell Us Your Thoughts About Hoverboards, Ferries, the Environment, Accessibility and…

first_imgFacebook11Tweet0Pin0Submitted by Thurston Regional Planning CouncilThurston Regional Planning Council is extending the Community Survey to March 20, 2020. Originally scheduled to close on February 28, we’ve extended the survey so that we can hear from as many community members as possible.Just 13 questions in 5 minutes, everyone in your family can tell us your views on passenger ferries, autonomous vehicles, hover boards, and toll lanes. How important are these to you? And what kind of impact will they have on how you travel in the next 25 years? Do you think drone deliveries will positively or negatively impact you?  How important is maintaining our existing infrastructure, improving intersections, and adding bicycle and pedestrian facilities?TRPC’s website has interesting information about the Plan and factoids about what we might face between now and 2045 with a growing population, new technologies, and changes to our environment. Visit www.trpc.org/rtp to learn more about the Plan and to take the survey.last_img read more

Neptunes finish strong at Summer Swim Championships

first_img Division 8 girls fifthDue to the poor air quality from wildfires in the Thompson region, the BCSSA secured indoor space for swimmers to rest in between races at the provincial event. Division 2 girls eighth Cynthia Pfeiffer second in 100 backstroke. Division 5 boys fifth Sage Cowan, fifth-place finish 200-meter individual medley, sixth place 100-meter butterfly, eighth place finish 100-meter freestyle. Division 2 boys eighth Division 5 girls fifth Division 3 girls eighth “Along with (a lot of) highlights, we also had many swimmers place top 16 in their respected events,” said Neptune coach Sarah Broen.Some of the Neptune results included: Nelson Neptune swimmers saw an opportunity to test their skills against the best in the province at the BC Summer Swim Association Championships this past weekend at the Canada Games Aquatic Centre in Kamloops.Neptunes, which compete in the Kootenay Summer Swim Association against teams from Trail, Castlegar, Grand Forks, Kimberley, Creston and Colville, Wash., sent a strong group of swimmers who qualified at the Kootenay Regional meet. Sarah Broen, eighth finish 100-meter butterfly, fourth 100-meter backstroke. Division 3 boys seventh Madeline Holitzki, sixth-place finish100-meter breaststroke.Regional Relay Team Results: Division 6 boys sixth Division 4 girls fifth Division 7 girls fourth Lachlan Bibby-Fox sixth-place finish 100-meter individual medley, second place 50-meter breaststroke.last_img read more

‘Nothing Too Good for Liberia’

first_imgVice President Joseph N. Boakai was visibly impressed at the launching of Cellcom’s latest venture, the long-awaited 4G+LTE network, heralding the company as “always the number one, as far as I am concerned,” and attributing this to many commitments the company has lived up to.The last speaker at the program, his remarks were brief, non-political and full of wisdom. He said he had three things to say. “First,” he told the audience, “Cellcom has told us that nothing is too good for Liberia; and the second thing is that all of us must learn to give Liberia our best.I sometimes wonder why it takes people from outside to give us what is best for us… It is our obligation to give our people the best.” Third, he said, “Confidence in the government: I think all of us should develop that confidence to invest quality in the country.”Cellcom presented a very colorful ceremony at the Monrovia City Hall to launch its new, groundbreaking 4G+LTE network.At the occasion, which brought together several hundred guests from government, business, diplomatic and other sectors, the chairperson of the Board of Commissioners at the Liberia Telecommunications Authority, Madam Angelique E. Weeks commended Cellcom for their many valuable services in Liberia’s telecommunication sector.Mme. Weeks said that Cellcom has made a difference by making the average Liberian to have access to communication services at very affordable costs. The LTA boss said while Cellcom has a success story as a GSM company in Liberia, its history could not have been written if its numerous consumers were not supportive of its progress.Minister of Posts and Telecommunications, Dr. Federick B. Norkeh recalled that the telecommunication service monopoly was ended by Cellcom in 2004 when the company entered Liberia. “Since then,” he said, “Cellcom has made and continues to make many sacrifices to improve the communication system in the country by bringing in more advanced technological elements such as the 4G+ LTE.”Minister Norkeh said Liberians should move along with the technology as it waits for no man because technology brings employment opportunities and empowers a generation.He called on Liberians to use the opportunity provided by Cellcom and admonished other GSM companies to emulate Cellcom’s example.Cellcom GSM’s Chief Executive Officer, Avishai Marziano, assured Liberians of Cellcom’s commitment to provide affordable products.“This new era forces us at Cellcom to constantly keep pushing forward towards new frontiers with our products and services. We pride ourselves in the ability that we have always had to connect between people, the digital world and real life,” he said.He added, “I am excited about breaking grounds in Liberia again and evolving from a cellular company to a digital communication company and proud to officially launch for the first time ever in Liberia, the next generation of high speed internet…the new 4G+ LTE.”This launch, he said is as a result of a journey embarked on four years ago to develop the best network in the country and strive towards digital inclusion by empowering the internet generation. “We are not only investing in building a network, we are also, and most especially, investing in the Liberian people. We are investing in the future of the youth in Liberia by providing top-of-the-line technology, which will improve education, health care, business, and tourism,” he said.“I am proud to announce that Cellcom is currently the only operator that has an LTE license in Liberia,” Marziano said.“We are set to roll out the 4G+ LTE services in Montserrado County, for a start, before scaling up in other areas outside of the county in the coming months. “The LTE Advanced network will offer peak speeds of up to 155 Mbps, which is 10 times more than the speed offered on our previous technology platform. In effect, we are talking about a network that enables you to download a full movie in high definition in seconds. “4G+ LTE, otherwise known as long term evolution, is the most advanced version of the 4G system for mobile networks. This technology promises to bring significant improvements in data speed and latency to our customers while also contributing to the socio-economic development of the country. “With 4G+ LTE, we will deliver cutting-edge services like tele-medicine, e-banking, virtualization or real-time video streaming that will have an immediate and transformational impact on this society. Our customers will be able to download and upload files faster, as well as, enjoy online-TV and buffer free streaming of audio and video files,” Marziano said.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

Consumer debt falls sharply

first_img While retailers are reporting a mixed start to the holiday shopping season, analysts cautioned against reading too much into the one-month falloff in consumer credit. “This is a pay back for the aggressive discounts consumers were offered to buy cars during the summer,” said Mark Zandi, chief economist at Moody’s Economy.com. On Wall Street, the Dow Jones industrial average fell 45.95 points to finish the day at 10,810.91. Americans are shouldering record-high levels of consumer debt and personal savings rates have fallen to record lows, but analysts said consumer spending, which accounts for two-thirds of the total economy, should continue rising even if the pace slows a bit. “I have full faith in the ability of the American consumer to keep spending,” said David Wyss, chief economist at Standard & Poor’s in New York. The 4 percent drop in consumer credit followed a 2.2 percent increase in September while the 4.9 percent drop in auto loans and other non-revolving credit followed a 1.1 percent decline in September. These loans had shot up by 6.2 percent in August as consumers responded to attractive incentive offers. On the Net: Consumer credit report: www.federalreserve.gov 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! WASHINGTON – Consumer borrowing plunged at a record annual rate of $7.2 billion in October, reflecting a big drop in auto loans. The Federal Reserve reported Wednesday that the decline was the biggest amount ever in dollar terms, and included a record drop of $5.6 billion rate of decline in the category that includes car loans. The dollar declines translated into a drop of 4 percent in overall borrowing, the biggest percentage setback in nearly 15 years, and a decline of 4.9 percent in the category that includes auto loans, the biggest percentage drop in 13 years. The big drop took analysts by surprise. They had been expecting that consumer spending would rise at an annual rate of $5 billion in October. last_img read more

Posey turns around 100-mile per hour heat, lifts Giants to comeback win over Rockies

first_imgDENVER — Even if some of his teammates confessed their doubts, Madison Bumgarner always expected to take the mound on Saturday at Coors Field.The Giants’ front office spent part of the week fielding calls regarding Bumgarner’s availability ahead of Wednesday’s 1 p.m. trade deadline, but Bumgarner said he never seriously considered the idea of wearing a different uniform.The Giants ace made his first post-trade deadline start Saturday against the Rockies, donning the same road grey uniform and …last_img read more

Handy Motor Found in Virus

first_imgYour job today is to stuff a delicate chain into a barrel without breaking it and make it wrap neatly inside.  A tiny virus does this with helping hands, reported Purdue University.  A research team uncovered the mechanism of a “powerful molecular motor” that crams the viral DNA tightly into the capsid with the help of five moving parts.    These are not real hands, of course; the captioned artist rendering whimsically shows five gp17 protein structures drawn to look like hands.  These structures are protein subdomains embedded in the ring-shaped motor mechanism.  The capsid, or viral container, acts like a hard plastic shell, protecting the DNA inside (see 05/07/2004).  Two rings on the opening hold the motor in place.  The gp17 subdomains take turns grasping the DNA and shoving it in.  Another analogy is that they work like pistons operating in sequence.  Using ATP energy pellets, they take advantage of electrostatic forces to gently but firmly transfer the DNA strand into the interior, where it coils in an orderly fashion.  The mechanism generates 20 times the force used by myosin, the motor in muscle.  The article claims that proportional to its size, the motor is twice as powerful as an automotive engine.    The virus they studied is a bacteriophage – a virus that infects and destroys bacteria.  The cutaway diagram of the capsid shows the DNA wound neatly into a fabric-like pattern.  The researchers hope some day not only to understand viruses better, but to use their tricks for nanotechnology.  Someday man-made motors like these could deliver medicines to patients or power nano-sized machines.  First, though, they need to do basic research on how the viral motor works.  “This particular motor is very fast and powerful,” they said.  See also the 03/20/2007 and 10/18/2001 entries for earlier research on capsid motors.Even viruses, which are not even alive by the definition of being able to reproduce independently, show incredible design.  They are too well designed to be accidents.  Why do so many viruses cause disease and death?  Actually, only a small fraction are harmful; most cause no harm and some are beneficial.    Some creationists speculate that they all had a beneficial function originally: keeping bacteria in check or delivering genetic instructions to animals encountering a new environment.  After the Fall, they either were allowed to mutate into machines gone wild, turning on their customers, or were recast as agents of judgment on a world sentenced to death and hardship.  Can they prove this?  No; but what is the alternative for evolutionists?  First, they have to believe in miracles – that super-efficient, compact, powerful motors like this just appeared, arose or emerged (favorite Darwinian miracle-words) from nowhere.  Second, they have to deny that anything is evil or out of order.  In Darwin’s world, whatever is, is right.  A logical consequence is that it is vain to seek cures for disease.  So what if millions of humans die in a pandemic?  It just shows that viruses are more fit.    If miracles and apathy don’t motivate you to swallow the evolutionary line, then look at the mechanism from a design perspective and figure out what it’s there for.  Basic research can reveal the mechanism.  Philosophy and theology can elucidate its purpose.  Engineering can look for applications.  Who needs Darwin, the guy who sits around telling miracle stories?    The Purdue team obviously didn’t act like “nothing in biology makes sense except in the light of evolution.”  They had no need of that hypothesis.  The E-word failed to materialize in the press release or any of the writeups on other sites.  “Viruses, start your engines!” EurekAlert began its version.  “Researchers find what drives one of nature’s powerful, nanoscale motors.”    If design is what you observe, then design will lead to the right explanation, which may lie outside the capabilities of science.(Visited 34 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more