Pages

Friday, July 21, 2017

WATCH: Russia's Su-35 Wows Crowds at MAKS and Beyond

WATCH: Russia's Su-35 Wows Crowds at MAKS and Beyond: Russia's Su-35 fighter wowed crowds at the MAKS 2017 airshow near Moscow, with feats of aerial acrobatics that stunned longtime aviation enthusiasts.

O.J.Simpson-The Nevada Parole Board Got It Right

Everyone I was fascinated watching O.J. Simpson's parole hearing in Nevada. The parole authorities there are professional and "went by the book." I agree with their parole decision on the basis that a man of Simpson's age poses little danger to society. Also the cost of keeping an older inmate like him would have been a big burden to the taxpayers of Nevada. Of course, some people argue that they should have denied parole because he literally "got away with murder." This would have put a big burden on the taxpayers of Nevada for the failure of California to get a murder conviction on Simpson.
23 years after the gruesome murders, I have a theory of what happened. OJ Simpson and a friend whom I won't name went to Nicole Brown's residence to confront her. Murder was not initially in their mind. Then Fred Goldman appeared and the situation escalated out of control. I think that OJ's friend did the actual stabbing. OJ might have held the victims while the stabbing was done or just watched in a fit of rage.

Monday, July 17, 2017

Life After Fame-When Super Stars Go Bankrupt

Life after the fame: When super-rich stars go bankrupt


2017-07-17 05:00
POST A COMMENT0

 (iStock) ~ iStock
Cape Town - Seventy percent of people who receive a large windfall of money, end up going bankrupt a few years later, according to research. 
Former German-born tennis star Boris Becker is a case in point. Once the youngest player to ever win the Wimbledon men's tennis singles championship, 49-year-old Becker was declared insolvent by a UK Bankruptcy and Companies Court at the end of June 2017.
Becker, who according to news reports was at one point boasted an estimated personal fortune of over £100m (R1 753m), is not the first nor last professional athlete to become a victim of poor financial planning.
Henry van Deventer, head of wealth strategy at Old Mutual Wealth, says that when it comes to securing wealth, the principles are universal.
“When you consider their great success, it’s difficult to believe what happens to many pro-athletes and their money.
“However, there are no super financial solutions for sport superstars. The principles of securing wealth with sound financial advice still applies – if not more so when earnings escalate drastically.” 
Van Deventer says that sports stars are particularly susceptible to bad financial decisions and unscrupulous advice as their earning power tends to peak in their youth, an age group that often has not yet fully developed its financial acumen.
“Sports stars have the buying power to purchase what their hearts desire, but this becomes addictive. Studies have shown that buying ‘fun stuff’ increases happiness levels, but this happiness is short-lived and requires one to keep buying better stuff to maintain this high.
“This is known as the ‘hedonic treadmill’ and is a sure-fire way to never having enough money to be happy and falling into a bottomless spiral of expenditure.”
But, what many sports stars don’t consider, Van Deventer says, is “life after the fame”.
“If an athlete retires at age 35 after, say, 15 years of making money at their peak, they may have as many as 65 years of ‘retirement’ to fund from just 15 years’ worth of income.
“In a relatively short period, professional athletes need to generate sufficient wealth to sustain their standard of living for the rest of their lives. This lifestyle financial plan is essential, as it takes an individual’s current situation into consideration and then focusses on specific lifetime goals and the steps that need to be taken to achieve these goals.”
Van Deventer stresses that only once this plan is in place and investments are prudently managed, should someone start considering enjoying his or her wealth.
Developing such a lifestyle plan is even more crucial for modern professional athletes who enjoy multiple streams of income that may fluctuate from month-to-month.
“They may receive a base salary and performance bonus from their club, as well as revenue from sponsorships and public appearances. And when earnings escalate dramatically over a short period, it’s easy to be tempted to overspend on status symbols.”
However, spending more money than you earn is a universal recipe for bankruptcy, Van Deventer cautions.
“The most important lesson that we can take from financial planning for sports stars is the need for wealth and investment management and financial planning. With this, people can find out if there will be enough money at retirement to secure the lifestyle they have become accustomed to at the end of their career.
“Should there be a shortfall, it is better to know earlier so that corrective steps can be taken to close this gap, even if it means down-scaling slightly.”
* It's National Savings Month. Do you have a successful savings plan or story to tellShare it with us now and help others to also become Savings Heroes. For more on savings visit our special Savings Issue.
Read Fin24's top stories trending on Twitter: 

"One Small Step For Man" Measuring How Many Steps Massive Numbers of People Take Each Day

One Small Step for Man

Technology is often criticized for encouraging laziness. After all, why bother to get off the couch when the world is in the palm of your hand?
But a new Stanford University study amassing “planetary-scale” data from people’s smartphones could give insights to improve people’s health and combat rising obesity levels, reported the BBC.
In the new study – published in the journal Nature – scientists analysed 68 million days of minute-by-minute data to find the average number of people’s daily steps was 4,961.
Hong Kong – where residents averaged 6,880 steps a day – topped the list, while Indonesia came last at just 3,513 steps. In the US, the average number of daily steps is 4,774.
These findings could help researchers tackle obesity by honing in on “activity inequality,” or the difference between the fittest and laziest segments of the population.
Higher levels of activity inequality go hand in hand with higher rates of obesity.
“For instance, Sweden had one of the smallest gaps between activity rich and activity poor… it also had one of the lowest rates of obesity,” Tim Althoff, one of the researchers involved in the study told BBC.
In this sense, designing town and cities that promote greater physical activity – or “higher walkability” – could reduce this inequality, they added.
SHARE STORY  

MEMBER POLL: Who is your most admired world leader?

We take pride in saying that DailyChatter subscribers know the world better. Now it’s time to put that knowledge to the test by choosing the world leader you most admire. Our list includes some of the obvious and logical choices but also a few others we hope will make you pause and reflect a bit.
Choose from the list below or write in your own choice. We’ll compile your votes and publish the top three vote getters in the coming days.
Chancellor Angela Merkel, GermanyPresident Xi Jinping, ChinaPrime Minister Justin Trudeau, CanadaPresident Donald Trump, USAPrime Minister Narendra Modi, IndiaPresident Ellen Johnson Surleaf, LiberiaPresident Vladimir Putin, RussiaPrime Minister Benjamin Netanyahu, IsraelPresident Juan Manuel Santos, ColumbiaPrime Minister Theresa May, UKPresident Emmanuel Macron, FranceKing Abdullah II, JordanWrite in your own choice

Sunday, July 16, 2017

A Photographic Odyssey In Australia's Outback

https://www.nytimes.com/2017/07/13/insider/adam-ferguson-australian-outback.html?rref=collection%2Fsectioncollection%2Finsider&action=click&contentCollection=insider&region=rank&module=package&version=highlights&contentPlacement=4&pgtype=sectionfront&_r=0

Saturday, July 15, 2017

Searching For Amelia Earhart

https://www.nytimes.com/2017/07/11/opinion/amelia-earhart-photograph.html

Amelia Earhart In 1932-"I'm Not Mrs Putnam!"

https://www.nytimes.com/2017/07/13/insider/1932-im-not-mrs-putnam-im-amelia-earhart.html?rref=collection%2Fsectioncollection%2Finsider&action=click&contentCollection=insider&region=stream&module=stream_unit&version=latest&contentPlacement=5&pgtype=sectionfront&_r=0

Thursday, July 13, 2017

The Philipine Container Ship That Crashed Into The US Guided-Missile Destroyer May Be Liable For $2 Billion


Wednesday, July 12, 2017

Did The US Have A Gay President???

The U.S. Vice President Who Took the Oath of Office In Cuba



William Rufus DeVane King was sworn in as the 13th vice president of the United States on March 24, 1853, while in Havana, Cuba. He was also the third U.S. vice president to die in office. Hulton Archive/Planet Observer/UIG/Getty Images
William Rufus DeVane King was sworn in as the 13th vice president of the United States on March 24, 1853, while in Havana, Cuba. He was also the third U.S. vice president to die in office.
He was a senator and a diplomat, but William Rufus DeVane King is probably best known as the 13th vice president of the United States. He was also the only person to hold high office who was sworn in while not on U.S. soil.
So why did this United States vice president take his oath in Cuba? And what is it about his personal life that is still getting attention?

The Making of a Vice President



King, who became known as a "natural mediator," was born on April 7, 1786, in North Carolina to a plantation owner. He trained as a lawyer before joining the U.S. Congress, serving from 1811 to 1816, then resigned to serve as a diplomat to Russia and the Kingdom of Naples. By 1818, he had returned to the United States and settled in Alabama, where he was elected as one of the newly formed state's United States senators. He went on to serve for nearly 29 years in the U.S. Senate.
Despite his long political service and reputation for a calm demeanor, King was not a political star. One unnamed political compatriot called him a "tall, prim, wig topped mediocrity." Others were kinder in their approach, if not blander, writing that King was "remarkable for his quiet and unobtrusive, but active, practical usefulness as a legislator." As the presiding officer of the Senate, he urged members to address each other with decorum, and was known for reconciling disparate factions.
His rise to the vice presidency was driven by the Democrat party, whose members sought a presidential running mate who was politically experienced, popular and a good match for presidential hopeful Franklin Pierce. It was to become King's highest political aspiration — and his most short-lived. But before delving into King's vice presidency, it's worth investigating an aspect of his personal life less discussed.

Solitary and Alone

Some historians believe that more than 150 years ago, before King's vice presidency materialized and as he was increasingly entrenched in the nation's political machinations, that an intimate relationship with future President James Buchanan emerged.
Buchanan, who would serve as President from 1857 to 1861, never married and shared a home with King. While he wrote in letters of his "communion" with King, few clues are left as to the true nature of their relationship, which was likely more complex than any label it would be retroactively given. Andrew Jackson is said to have referred to the two men as "Miss Nancy" and "Aunt Fancy". Other contemporaries made similar comments about King's effeminate mannerisms, perhaps revealing that his rumored sexuality was a well-known topic. Some members of congressional delegations called King "Mrs. Buchanan."
James Buchanan was the 15th president of the United States, serving from 1857–61, immediately prior to the American Civil War.
James Buchanan was the 15th president of the United States, serving from 1857–61, immediately prior to the American Civil War.
Buchanan, who was at one time engaged to a woman and whose sexuality is both largely unknown and irrelevant to his political aptitude, ordered his correspondence to be burned upon his death. However, a few surviving letters remain, including an 1844 missive that Buchanan addressed to a woman named Mrs. Roosevelt, after King moved to Paris to become the American ambassador to France. The letter stated: "I am now 'solitary and alone,' having no companion in the house with me. I have gone wooing to several gentlemen, but have not succeeded with any one of them."
Whether they were simply bachelors with a "bromance" or had a more serious relationship may never be determined with any certainty. What is certain, however, is that King's political career came to a rather abrupt end after tuberculosis set in.

An Oath for the Ages

King battled against his own health from the time of his November 1852 election as Franklin Pierce's vice president, to his oath of office in March 1853. A persistent and violent cough left him emaciated and weak, prompting an early resignation in December 1852 from his Senate seat in the hopes that warmer weather would aid his recovery. He set out for Cuba, and by early February reached Havana, where he remained ill with tuberculosis.
It didn't take long for King, then 67, to realize he was too sick to make it back to Washington, D.C. in time to accept the vice presidency. By the time King was to be sworn in, it literally required an Act of Congress for him to enter into office.
Thus, for the first and so far only time in U.S. history, Congress passed legislation allowing the VP-elect to be sworn in outside of the country. On March 24, 1853, King took his oath of office near Matanzas, Cuba, a seaport town 60 miles (97 kilometers) east of Havana. He was too ailing to stand without help, but he was able to repeat the oath and become America's 13th vice president.

Within a month, desperate to return to the United States, King set sail for Alabama — and died April 18, 1853, the day after he returned to his Southern estate. He never presided over a session of Congress as vice president — though in an odd twist of fate, he had acted as President pro tempore of the Senate in 1850, when Zachary Taylor died and then-VP Millard Fillmore assumed the presidency.
Following King's death, the nation went nearly four years without a vice president until March 1857, when John C. Breckenridge filled the position, serving alongside none other than President James Buchanan, King's longtime friend and companion.
NOW THAT'S INTERESTING
William Rufus DeVane King became a leader in the community that grew up around his Alabama estate. Although the area had gone by several names, King was instrumental in naming the city Selma after his favorite poem "The Songs of Selma," from James Macpherson's "Ossian" epic poem cycle.
23.4 GB (23%) of 101 GB used
Last account activity: 8 minutes ago