Industry Sounds Off on Dodd-Frank Reform Bill

first_imgSubscribe Home / Daily Dose / Industry Sounds Off on Dodd-Frank Reform Bill The Best Markets For Residential Property Investors 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago David Wharton, Managing Editor at the Five Star Institute, is a graduate of the University of Texas at Arlington, where he received his B.A. in English and minored in Journalism. Wharton has over 16 years’ experience in journalism and previously worked at Thomson Reuters, a multinational mass media and information firm, as Associate Content Editor, focusing on producing media content related to tax and accounting principles and government rules and regulations for accounting professionals. Wharton has an extensive and diversified portfolio of freelance material, with published contributions in both online and print media publications. Wharton and his family currently reside in Arlington, Texas. He can be reached at [email protected] in Daily Dose, Featured, Government, Journal, News Demand Propels Home Prices Upward 2 days ago  Print This Post Industry Sounds Off on Dodd-Frank Reform Bill Tagged with: Dodd-Frank Act Dodd-Frank reform Economic Growth Economic Growth Regulatory Relief and Consumer Protection Act s. 2155 Sign up for DS News Daily Data Provider Black Knight to Acquire Top of Mind 2 days ago Related Articles Previous: The Challenges of Residential Instability Next: From Home Listings to Home Flipping Share Save The Week Ahead: Nearing the Forbearance Exit 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Dodd-Frank Act Dodd-Frank reform Economic Growth Economic Growth Regulatory Relief and Consumer Protection Act s. 2155 2018-05-22 David Wharton May 22, 2018 8,866 Views Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago The House of Representatives on Tuesday voted in favor of S. 2155, the Economic Growth, Regulatory Relief and Consumer Protection Act. The bill seeks to evolve and streamline regulations put in place by the 2010 Dodd-Frank Act. The final vote in the House was 258-159.“This is a moment years in the making, and I thank my colleagues in the Senate and the House of Representatives for their partnership and contributions to this effort over the years,” said Sen. Mike Crapo (R-ID), Chairman of the Senate Banking Committee. “This step toward right-sizing regulation will allow local banks and credit unions to focus more on lending, in turn propelling economic growth and creating jobs on Main Street and in our communities. This is an important moment for small financial institutions, small businesses, and families across America.”Jim Nussle, President and CEO of Credit Union National Association, said in a statement, “From the moment a group of bipartisan Senators unveiled this bill, credit unions told them loud and clear that this is an essential piece of regulatory relief legislation that will improve access to mortgage lending, real estate loans, and other products and services, while putting focus on senior abuse and cyber threats.””It was fascinating to see Barney Franks’ reaction to the revisions being made to his most prominent piece of legislation. I thought it was very telling that his biggest complaint about today’s vote was that the threshold for oversight was too high ($250B vs. $125B), and that he approved of the relaxation of QM rules on community banks,” said Rick Sharga, EVP, Carrington Mortgage Holdings. “Critics of the bill have had the same complaint: that the threshold for regulatory oversight was too high.””With the passing of this legislation, millions of consumers who were underserved by the current mortgage finance system may soon have a fairer shot at the American dream of sustainable homeownership. Today’s models are more predictive and more inclusive and they should be put to work. We thank the members of Congress for recognizing this problem and seizing on an opportunity to create a better system,” said Barret Burns, President and CEO of VantageScore Solutions. “We look forward to working with all the stakeholders to ensure that a future marketplace is fair, inclusive, and fosters competition.”Not everyone welcomed the bill’s passage, however. Center for Responsible Lending (CRL) Senior Legislative Counsel Yana Miles said in a statement, “This bill puts out a welcome mat for many of the same reckless financial practices that caused the Great Recession. The bill increases the risk of another bank bailout, facilitates lending discrimination against communities of color, and weakens key consumer protections in the mortgage market—which was the epicenter of the 2008 economic collapse.”However, Sharga pointed out that the original objective of the Dodd-Frank legislation was to prevent another “too big to fail” scenario, “which really doesn’t apply to even the largest regional banks in that sub-$250 billion categories, and who weren’t the primary culprits in the mortgage market meltdown in 2008.”S. 2155 was advanced by the Senate in mid-March, by a vote of 67-31, after several weeks of debate, amendments, and negotiation. The bill then passed back to the House, who had previously voted on a different Dodd-Frank reform bill prior to the Senate’s modifications.The bill enacts numerous reforms and changes regulations pertaining to lenders. One of the primary changes was increasing the threshold for enhanced regulatory standards from $50 billion to $250 billion, a change designed to exempt some smaller and mid-sized banks from regulations that would still apply to the larger banking entities. The affected regulations pertain to capital and liquidity rules, risk management standards, and stress testing requirements, among other things.Former Sen. Barney Frank, one of the authors of the Dodd-Frank Act, told Scotsman Guide in March, “I think [the asset threshold] should be $125 [billion to trigger FSOC oversight]. So, I would vote against it on those grounds. I would hope to try and change it. But, as far as [non-qualified] mortgages are concerned, I think allowing the smaller banks to make those loans as long as they keep them in portfolio is a perfectly good idea.”The bill also exempts banks with less than $10 billion in assets from the Volcker Rule, which limits risky trading by U.S. banks, and dials back restrictions on small and regional banks when it comes to restrictions on mortgage lending.Sen. Elizabeth Warren (D-Massachusetts), who has been a longtime opponent of weakening Dodd-Frank, said of the Senate bill, “We’ll be paving the way for the next big crash. It’s time for the rest of us to fight back and demand that Washington work for us, not the big bank lobbyists.”The bill did have plenty of Democratic defenders in the Senate, however, several of whom argued that the reforms could help community banks flourish and help revitalize rural economies. Sen. Heidi Heitkamp (D-North Dakota), a supporter of the legislation, said, “When you don’t respond to these kinds of legitimate concerns from small lenders, there’s a resentment to the overall policy. We tend to throw the baby out with the bathwater with that kind of frustration.” About Author: David Wharton Servicers Navigate the Post-Pandemic World 2 days agolast_img read more

Dodgers’ Justin Turner has waited a long time to celebrate

first_img“It’s something,” he said, “I can definitely get used to.”As a utility infielder and pinch-hitter extraordinaire, Turner became something of a secret weapon in his first season with the Dodgers.Signed as a free agent in February, the Mayfair High graduate is hitting .333 with a .397 on-base percentage. Both figures rank among the top 10 among players with at least 300 plate appearances. Only five men have driven in more runs as a pinch hitter this season than Turner, and none has batted at least 50 times with runners in scoring position and produced a better batting average — an other-worldly .410.By September, Dodgers manager Don Mattingly was in the habit of saving Turner for ninth-inning situations, often high-leverage situations with runners on base. Turner started in place of All-Star second baseman Dee Gordon on Tuesday and led off the game with a home run against San Francisco Giants All-Star left-hander Madison Bumgarner.“This is the reason I came over here,” he said. “I knew how good of a team it was. I knew they needed a little help on the bench. I knew there would be an opportunity for me to help contribute and from day one the goal here was to win a division, get in the playoffs and win the World Series.”In reality, Turner said, this wasn’t his first baseball dream. Growing up in Southern California, he dreamed of playing baseball at Cal State Fullerton. From 2003-06 he did, winning a national championship in 2004. Before Wednesday, that was his last title-clinching celebration.Turner said he always considered himself more of a Titans fan than a Dodgers fan. Before starring there as a baseball player, he was a bat boy at Fullerton for four years as a child. But he remembers watching Kirk Gibson celebrate his famous home run in the 1988 World Series at his grandparents’ house in Lakewood.“My family is all Dodgers fans,” he said.Though he has accumulated plenty of glory to bask in, something — maybe the long wait for another championship — seems to have humbled Turner along the way. He is patient enough to answer every question thrown his way after every game, and typically deflects praise to his more famous teammates.“This is an interesting team,” he said. “There’s so many personalities, a ton of talent in here. So much happened, whether good or bad, we’re like a big family. Everything that happens here draws us closer together.“From the number one guy on the roster to the 25th, to I don’t know how many we have now, 37, how many guys have contributed down the road, it’s unbelievable.” To anyone who played for the Dodgers last season, the scene Wednesday night was familiar. Corks popped, locker stalls were covered in plastic tarps, a small lake of champagne and beer formed in the middle of the home clubhouse. The thick smells of sweat and alcohol combined into something strangely sweet.For the players who didn’t have a chance to celebrate a National League West title before Wednesday, many had enjoyed a similar moment somewhere else. Dan Haren won a division title and a playoff series with the A’s in 2006. Roberto Hernandez and Jamey Wright won a wild-card game last year with Tampa Bay.Maybe no one contributed more to the 2014 Dodgers, and waited longer for the moment, than Justin Turner.The 29-year-old Long Beach native slogged through two minor-league seasons in the Cincinnati Reds organization, one-and-a-half seasons with the Baltimore Orioles, and three-and-a-half seasons with the New York Mets, without reason to celebrate.center_img Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more

Chelsea, Ajax draw European thriller as Liverpool win and Barca stumble

first_imgParis, France | AFP | Jorginho scored two penalties as Chelsea came roaring back from 4-1 down to draw 4-4 with nine-man Ajax in a Champions League classic on Tuesday, while holders Liverpool claimed a narrow victory and a stuttering Barcelona were held.There was also a rousing comeback win for Borussia Dortmund over Inter Milan and a big success for Valencia, but the greatest drama came at Stamford Bridge.Ajax appeared to be heading for a stunning victory when Hakim Ziyech set up Donny van de Beek to put them 4-1 ahead 10 minutes into the second half.Before that, Jorginho quickly levelled from the spot after Tammy Abraham’s own goal gave the Dutch champions a second-minute lead, but a Quincy Promes header and a Kepa Arrizabalaga own goal made it 3-1 at the break.After conceding again, Cesar Azpilicueta poked in from close range for Chelsea to pull it back to 4-2, and then came the crazy moment midway through the second half which really gave them hope.In one fell swoop, Italian referee Gianluca Rocchi sent off Ajax’s Daley Blind and dismissed Joel Veltman for a second caution for a handball in the box seconds later. Jorginho then converted the resulting penalty.Teenager Reece James made it 4-4, and Chelsea thought they had gone in front when Azpilicueta fired in, but that goal was disallowed for an Abraham handball.“I can’t explain the game. For all the things we might analyse back, the madness of the game, we are here for entertainment I suppose and anyone who watched that has to say what a game of football. Respect to Ajax, what a spectacle,” Chelsea boss Frank Lampard told BT Sport.The result means Ajax, Chelsea and Valencia are level on seven points atop Group H, with the Spaniards coming from behind to beat Lille 4-1.Nigerian striker Victor Osimhen put Lille ahead at half-time, but Dani Parejo’s penalty restored parity and Valencia then scored three times in the last eight minutes.Adama Soumaoro’s own goal was followed by a stunning Geoffrey Kondogbia strike and a Ferran Torres effort. Lille are eliminated.– ‘Job done’ for Klopp –Liverpool won 4-1 in Genk two weeks ago and looked on course for another comfortable victory against the Belgians when Georginio Wijnaldum gave them the lead at Anfield.However, with manager Jurgen Klopp resting several players ahead of this weekend’s clash with Manchester City, the reigning European champions were pegged back.Tanzanian striker Mbwana Ally Samatta headed Genk level before the interval, and it took a fine strike by Alex Oxlade-Chamberlain to win the game. “The plan was to win the game and we did that, so job done,” admitted Klopp.Liverpool are top of Group E, a point above Napoli, who could have qualified for the last 16 with a win against Salzburg but were held to a 1-1 draw.– Haaland scores again –Erling Braut Haaland’s early penalty — the 19-year-old’s seventh Champions League goal this season — gave Salzburg the lead, before Hirving Lozano equalised.In Germany, Inter looked to be heading for a second straight win against Dortmund as they raced into a 2-0 half-time lead with Lautaro Martinez and Matias Vecino scoring.Yet Dortmund fought back in the second half to win the game as Achraf Hakimi grabbed a brace either side of a Julian Brandt goal.It is a result that leaves Dortmund second in Group F, three points ahead of Inter and one behind Barcelona, who are still top despite a 0-0 draw at home to Slavia Prague.– Messi denied –Lionel Messi almost scored one of his finest goals, hitting the woodwork at the end of an exhilarating run in the first half.Barcelona had not failed to score in a home Champions League group game in seven years and this result followed a shock weekend defeat at Levante.“We haven’t been convincing, either on Saturday or today, and we know there is a lot of pressure now on the team. We have to respond,” said coach Ernesto Valverde.RB Leipzig top Group G after goals by Diego Demme and Marcel Sabitzer gave the Germans a 2-0 win at Zenit Saint Petersburg.Lyon are two points behind them in second following a 3-1 defeat of Benfica.Joachim Andersen and Bertrand Traore scored for Lyon either side of a goal from Memphis Depay, who has now netted in all four Champions League games this season. Haris Seferovic scored for Benfica.Share on: WhatsApplast_img read more

Cioffoletti Completes 82 Mile ‘Run for Justin’

first_imgJohn Cioffoletti with Justin Condoluci, who is undergoing treatment for leukemia.WHILE SOME WHO saw the New Year in last weekend were nursing aching heads on New Year’s Day, John Cioffoletti was nursing an aching foot.All in all, however, it was a small price to pay for having achieved the goal he set for himself last September, when he vowed to run an ultra-marathon on New Year’s Eve to raise money for the family of a young friend who is battling Acute Lymphoblastic Leukemia.Cioffoletti, who is CIO of Royal Sovereign Bullion Group in Sea Bright, vowed to run the Peanut Island 24 in Palm Beach County, Fl., setting the personal goal of completing 60 miles in 24 hours.In the end, he exceeded that goal, running a total of 82 miles and raising $11,000, all of which will go to the family of Justin Condoluci, 12, to help with expenses related to his treatment.Diagnosed at the age of 8, Justin underwent more than three years of treatment before doctors determined that his Leukemia was in remission.But near Christmas of 2010, Justin experienced a relapse. He has been undergoing additional treatment since Christmas Day, 2010 and is presently having more chemotherapy at Children’s Hospital of Philadelphia..Approximately 55 people entered the Peanut Island 24, but far fewer were able to finish. “Not many people made it as far as I did, “said Cioffoletti, adding that his foot began to bother him at mile 55, but he continued on, reminding himself that the battle Justin faces every day is a much more formidable challenge.When the idea began to enter his head that he should stop running, Cioffoletti said, he reminded himself that “Someone like Justin doesn’t have that option. The miles between mile 55 and mile 82 were the hardest. “That’s when I had to really dig deep. It was the thought of Justin (that kept him going).”He is grateful that so many people donated to his effort, Cioffoletti said, adding that approximately $700 in donations came in immediately after the first story on his run appeared in The Two River Times in December.While he had hoped to raise $25,000, he succeeded in raising $11,000 and that will definitely be of help to the family.. “People think, oh, you have health insurance,” Amy Condoluci said in an interview with The Two River Times last month. “Well, we do, but the deductible is $10,000 per year, and this has been going on for five years.”Commuting costs between Philadelphia and their home in Brielle have also mounted. “It’s definitely added up,” said Amy.Donations are still being accepted for Running for Justin may be made via the web at www.runningforjustin.org or through http://www.everibbon.com. And more information is available on the RunforJustin Facebook page, Cioffoletti said. One hundred percent of the proceeds go to the Condoluci family.last_img read more

Revising Dinosaurs

first_imgReconstructing a lost world from fossils is an inexact science.  The realization that two species of dinosaur were different growth stages of the same species is just one example of the difficulty of drawing conclusions about past ecological conditions.  It raises additional questions about the mental visions we have of the world of dinosaurs.    PhysOrg reported that Torosaurus, sporting a larger frill with holes in it, turns out to be an older stage of growth of the familiar Triceratops.  The article explains that “juvenile dinosaurs weren’t just miniature versions of adults.  They looked very different, and their skulls changed radically as they matured.”  Re-examination of familiar species at different stages of growth have revealed “extreme changes in the skulls of pachycephalosaurs, tyrannosaurs and other dinosaurs that died out about 65 million years ago in North America.”    Speaking of tyrannosaurs, paleontologists still seem unable to decide how fast and fierce our old friend T. rex was.  This month, National Geographic claimed it plodded like an elephant because of a natural speed limit of 180 feet per second in nerve signals.  The picture of T. rex lumbering about looking for dead meat doesn’t make a good movie, but new evidence suggests tyrannosaurs spent some time looking for “Meat that doesn’t fight back.”  New Scientist teased that tyrannosaurs may have been “history’s most fearsome… scavengers?” while Live Science left room for some hunting of fast food between the comfort food.   John Scannella and Jack Horner studied dozens of triceratops specimens in Montana.  “Even in Triceratops that were previously considered to be adults,” they found, “the skull was still undergoing dramatic changes.” Scannella recognized the perils of interpreting an ecological system from bones.  “Paleontologists are at a disadvantage because we can’t go out into the field and observe a living Triceratops grow up from a baby to an adult,” he said.  “We have to put together the story based on fossils.  In order to get the complete story, you need to have a large sample of fossils from many individuals representing different growth stages.”    But what is to be made of “Mojoceratops,” a new specimen from Canada that Nicholas Longrich of Yale named after having a few beers? (see Science Daily and Live Science).  Is it really a new species, or does the fame of finding something new play into the classification?  The article claims it’s a more extravagant version of an existing species named Chasmosaurus.  Longrich admitted, “So far, we really have no good explanation for why there are so many dinosaurs in the area and just how they managed to coexist.”  He also just wanted to have fun with the name.  “You can do good science and still have some fun, too.  So why not?”    Good science and fun are not mutually exclusive, to be sure.  But the public often trusts the depictions of dinosaurs from the experts in their visions of what the ancient world looked like.  Hollywood does, too (more or less).  One hopes that between beers the paleontologists are striving for accuracy.  “Without considering changes in shape throughout ontogeny,” Scannella said, “we overestimate dinosaur diversity and hence produce an unrealistic view of the paleoecology of these animals.”  Horner and Scannella worked with many graduate students and volunteers to try to falsify their hypothesis that Torosaurus was a mature form of Triceratops, but “Every avenue of investigation we took in attempts to falsify the hypothesis only supported the idea further,” Scannella said.  They never found a juvenile Torosaurus; all the skulls were large and few in number compared to Triceratops.    Admirable as their caution was before lumping Torosaurus with Triceratops, they appeared to leap less carefully into other interpretations about Cretaceous ecology.  They even brought global warming into the tale:“A major decline in diversity may have put the dinosaurs in a vulnerable state at the time when the large meteor struck the Earth at the end of the Cretaceous Period,” Scannella said.  “It may have been the combination of the two factors – lower diversity and a major global catastrophe – that resulted in the extinction of all the non-avian dinosaurs.”    If the apparent decline in diversity wasn’t triggered by a meteor – a relatively uncommon event – Scannella said, “It may have been caused by circumstances which are more likely to affect diversity today, perhaps large-scale sea level fluctuations or climate change.”One wonders if Scannella said these things in the “May” season.    An article on Science Daily claimed that ostriches can provide clues about dinosaur movement.  They noticed that ostriches use their forelimb wings aerodynamically to control their speed and direction.  “The results of this new study could mean that some of the largest and fastest-moving dinosaurs, such as the 8m long Gigantoraptor, also used feathered forelimbs for increased stability and manoeuvrability when moving at speed.”  Here, they not only extrapolated a phenomenon fourfold or more into an unseen world, they put feathers onto a creature on which no feathers were found.    If it’s data the dinosaur hunters need, a new treasure trove opened up in Alberta.  Live Science reported the world’s largest dinosaur graveyard – thousands of Centrosaurus skeletons covering 568 acres.  The discoverers believe a herd of the cow-sized dinosaurs got trapped in a local flood: “The likely culprit in this scenario was a catastrophic storm, which could quickly have routinely made the waters flood up as high as 12 to 15 feet (3.6 to 4.6 meters), if experiences with modern floodplains are any guide.”  They believe that scavengers came in after the water lowered and fed on the carcasses.  “The researchers now hope to take lessons they have learned in Alberta to compare it to other parts of the world in an effort to pinpoint signs of past catastrophes elsewhere.”Scannella talked about putting together a story.  We often criticize the storytelling in Darwinism, but not all storytelling is just-so storytelling.  Obviously there was some kind of story with the dinosaurs.  The bones are brute facts; how did they get there?  Creationists will say they are antediluvian creatures who perished in the Flood.  Evolutionists fit them into their story of deep time, evolution, and extinction.  But here is the issue with stories about the unobservable past: like Scannella said, paleontologists are at a disadvantage.  They cannot go out into the field and observe a living Triceratops and watch how it grows.  Nor can they see its total environment, and how it interacted with other dinosaurs and other creatures.  Each plant and animal fossil in the same strata adds to the puzzle, but we cannot know how many other pieces are missing; as Sagan used to say of SETI, “absence of evidence is not evidence of absence.”  Moreover, one cannot watch a rerun of what happened with the origin and extinction of dinosaurs.    This is limitation on Biblical creationists, too; they have a framework in the Flood narrative of Genesis 6-9, but that is a condensed account.  It doesn’t provide details of what was living in the future land of Montana or Alberta and how specifically they perished in what order.  They, too, have to take the puzzle pieces and try to make sense of them within their general picture of the Flood.  There’s lively debate and argument in creationist journals about the details.  It’s a built-in limitation of historical sciences; one cannot observe, repeat, and test one-time occurrences.  Even if you can recreate similar occurrences, or find analogies (like current flood-plains), the scientist can only assess and argue the plausibility of the resulting story.    Every theory about the past is theory-laden.  Even the naming and classification of the dinosaurs is theory-laden.  It took a jolly inebriated human being to name “Mojoceratops” and decide it was a new species.  Deciding what the continent was like when it was buried, and what caused the burial of 568 acres of Centrosaurs, and whether a local flood (or something larger) buried them – none of those answers jump unprocessed out of the data.  This is why skepticism and argument is important in science, especially in the historical sciences.  Creationists admit they have a framework of interpretation (the Bible), but evolutionists pretend they are bias-free.  Creationists routinely look at both sides of the creation-evolution controversy, but evolutionists deny a controversy exists.  Evolutionists argue over some of the details, but they never question their framework: billions of years of evolution.  The potential is real for intellectual inbreeding and stagnation in the evolutionist camp, but they refuse to acknowledge it.  They deny anyone outside their paradigm a seat at the table, so they continue to place uncooperative details into a fixed paradigm (e.g., 04/30/2009).  That’s when storytelling becomes just-so storytelling.  The plot is massaged just so the data fits into the agreed-upon story.    One way to decide which story is better is to have a sentient eyewitness explain what happened.  That’s exactly what creationists claim to have (at least for their general outline): the Biblical record of a global Flood, not just a series of past catastrophes, which evolutionists agree are needed to interpret the evidence.  Evolutionists, ruling eyewitness testimony out of court, are stuck with just-so storytelling.  They think that’s better.    How to evaluate interpretations?  It becomes an issue of credibility.  There are no value-free guidelines of credibility, either.  Occam’s Razor is a guideline but not a law of nature.  Avoiding contradictions, special pleading and ad hoc rescue devices are usually valued.  Making stuff up out of thin air (just-so storytelling) to preserve a belief is frowned upon (or should be).  But stories cannot be judged simply by the number of scientists who believe them, the institutions that support them, and the political or financial power behind them.  Better one truth-teller than a thousand know-nothings.  Is there a God who told the truth about the history of the world and the origin of all life and mankind?  That would constitute sufficient evidence to accept His word (see II Peter 3:3-9, written by an eyewitness of Jesus’ transfiguration and resurrection – and Jesus spoke of the Flood as true history; see Luke 17;26-27).  One can choose which storyteller to believe, but one cannot eliminate storytelling altogether.  A story with an Eyewitness would seem preferable to any reasonable judge or jury, if it were not for modern science’s prior commitment to the philosophy of naturalism.(Visited 14 times, 1 visits today)FacebookTwitterPinterestSave分享0last_img read more

You Know You Can Do Better

first_imgThe result you are producing right now is not the result you are capable of producing. You are capable of more. You are also capable of better. The results you are producing right now are but a fraction of what they could be. If you are reading this, you are the kind of person who knows this to be true.Sometimes you go to work and leave the best part of yourself behind. You show up without the part of you that is passionate, empowered, and inspired. That’s the part of you that does more than punch a time clock and pass time with what amounts to busy work. When you bring the part of you that is on fire, the results you produce are much better. If you were to bring the person who operates at a much higher level, the one with passion, your economic results would be better—and you would serve others at a much higher level.But this isn’t just about your work. It’s about who shows up in every part of your life. The other results you produce are also better when you bring your best self to them. When you are with the people you care most about, are you really with them, or are you off somewhere else? There is nothing that matters more than your relationships, and the results you produce there vary depending on which version of you shows up. Is it the one that is checking the box, still somewhere else? Or it the one that is fully present, giving the most important people in their world the most important gift in the world? That is the gift of their full presence in that moment.In every area of your life, there are variations in the results that you might produce. You can see these differences when you look at the results produced by different people. But you can also see the differences between which version of you that you bring to any endeavor. The outcomes are always going to be better when the person who shows up is the one who pours their soul into what they are doing.You know you can do better.last_img read more

Giving Back Fund To Host Annual Philanthropy Summit

first_imgThe Giving Back Fund, a national nonprofit organization that provides philanthropic consulting and management to professional athletes, entertainers, other high-profile individuals, and corporations, will hold their fifth annual Sports and Entertainment Philanthropy Summit in New York on May 6 and May 7.The Summit will focus exclusively on sports and entertainment philanthropy, providing practical advice and expertise targeted to Executive Directors, Development Directors, pro teams’ Community Relations personnel, celebrities’ families and friends, and others who are currently advising celebrity-associated charities.Speakers include: Todd Jacobson, Senior Vice President of Social Responsibility at the National Basketball Association (NBA); Lois Backon, Executive Director of Global Philanthropy at JPMorgan Chase; Robin Bronk, CEO at the Creative Coalition; Sheila Kelly, Vice President of Development at the Michael J. Fox Foundation, and Peter Wilderotter, President and Chief Executive Officer at the Christopher & Dana Reeve Foundation.The Summit will present world-renowned experts in the areas of cause-marketing and sponsorship success, board development and governance, fundraising, public relations, and legal issues, with a special emphasis on the unique challenges and opportunities associated with celebrity charities. The Summit is also an excellent opportunity to network with decision makers for athlete and celebrity associated charities.Stephanie Sandler, Senior Vice President of The Giving Back Fund said, ” Those of us who are working in the field of sports and entertainment philanthropy rarely have the opportunity to spend any concentrated time with our colleagues. So much can be learned from each others’ successes and challenges, some of which are very unique to celebrity philanthropy.”Sponsors for the Summit include Annual Registration Management, Britton Gallagher, Witt/Kieffer, JP Morgan, and UPrinting.comFor more information on the Summit or to register, please visit www.GivingBack.org.last_img read more

Grande Prairie RCMP Investigate Video Depicting Animal Abuse

first_imgRCMP continue to work with partnering agencies in an effort to hold the responsible parties accountable.The investigation is ongoing.No further updates are available at this time.  RCMP would like to thank the public and the media for their assistance.If you have any information regarding this incident and have not previously reported it, please contact the Grande Prairie RCMP at 780-830-5700 or Crime Stoppers at 1-800-222-TIPS GRANDE PRAIRIE, A.B. – Grande Prairie Rural RCMP are investigating into a video that depicts animal abuse.On November 18, 208, RCMP was made aware of a video posted online, depicting the inhumane death of a coyote.RCMP have identified the parties involved, but are unable to release the names of the individuals due to their age (youth).last_img

USChina trade talks to open in Beijing

first_imgBeijing: The United States and China open the latest round of their trade talks Thursday as the economic superpowers edge towards a deal to resolve a months-long spat that has rattled the global economy. US Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin are expected to resume talks in Beijing with China’s top economic official Liu He, the first since China put into law new measures seen as an olive branch in their high-stakes stand-off. Also Read – Thermal coal import may surpass 200 MT this fiscal While US President Donald Trump has voiced hope that he could soon hold a signing ceremony with his Chinese counterpart Xi Jinping, negotiations have dragged on, suggesting substantial differences remain. But Lighthizer sought to play down expectations ahead of the meeting in Beijing, which is due to be followed by more talks in Washington in early April. “I’m hoping but not necessarily hopeful… If there’s a great deal to be gotten, we’ll get it — if not, we’ll find another plan,” he told National Public Radio earlier this week. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boost The two sides have slapped tariffs on hundreds of billions of dollars of goods since last year, hitting a slew of businesses ranging from manufacturers to farmers in both countries, with knock-on effects for other economies. And Trump suggested last week some of those tariffs should stay in place after a deal is reached to ensure China follows through. But Beijing has taken steps to address some US complaints. Earlier this month China’s rubber-stamp parliament rushed through a law that seeks to protect foreign firms from the forced transfer of technology. Premier Li Keqiang on Thursday repeated his pledge to step up punishment for intellectual property infringers to ensure they “bear an unpayable cost”, addressing a major bone of contention in Washington. “We will again widen foreign firms market access,” Li pledged at the Boao Forum for Asia, a Davos-like annual meeting hosted by China. While the US has hit out at Chinese practices, Lighthizer said on NPR that “the kinds of things that we’re asking for are not anti-Chinese at all”. “Protection of intellectual property is not anti-Chinese. Stopping people from forcing transfer of technology is not anti-Chinese. In fact, the reformers would say it’s pro-Chinese. It will help their economy, not hurt their economy,” he added. Negotiators hope to iron out remaining differences on other issues including Beijing’s subsidies to state-owned firms and policies to build up Chinese companies in strategic sectors. “In our conversations with the US government they’ve indicated that subsidies which create an uneven playing field between foreign and domestic companies are most definitely something that continues to be negotiated,” said Jacob Parker, vice president of the US-China Business Council. “I suspect this is one of the areas China is pushing back on, (and) it remains a core of the negotiations,” Parker said. When Li presented the government’s 2019 policy plans earlier this month, he made no mention of its controversial Made in China 2025 industrial policy, which had called for Chinese firms to take control of many strategic industries. Still analysts say Beijing’s push for self-reliance and indigenous innovation will continue in practice. Foreign tech companies have also long been locked out of China’s market with many services such as Google, Facebook and Amazon blocked or facing restrictions. Beijing has yet to give in to demands for greater market access to foreign cloud computing providers or loosen restrictions on overseas data transfer, the Financial Times reported this week. At a recent forum on the issue, Chinese academics and bureaucrats criticised related US policies. “China does not trust the US government… we don’t believe that once our data is in America, the US government will handle it appropriately,” said Xu Chengjin of the Ministry of Industry and Information Technology. American lawmakers and regulators have expressed similar concern about sharing US data with Chinese firms. The two sides also need to resolve when to remove the punitive tariffs on billions of dollars’ worth of goods and how to enforce any deal. “The question will be the details and enforceability,” Lighthizer said, outlining a mechanism for US companies facing problems in China to bring cases to the US Trade Representative for discussion with Chinese officials. “They’re committed to do this, but it’s going to be a question of whether they can get all the layers of government, I think, to follow through,” he said. Premier Li also mentioned creating a mechanism for foreign firms to protest against government decisions in his speech.last_img read more