Gamasutra – Press Releases – New Social Media Publishing Service GFACE.com goes Live with Closed Beta

February 7th, 2012

[This unedited press release is made available courtesy of Gamasutra and its partnership with notable game PR-related resource GamesPress.]

GFACE GmbH (GFACE) – an affiliate of Crytek, one of theworld’s leading independent development studios forinteractive entertainment – announced today the freemium onlysocial media publishing service GFACE.com. the service is now openfor registrations for its closed beta phase. Next to its socialmedia features GFACE is designed to enable its users to play gamestogether live and to discover and live-share entertainment contentwith friends. Currently the service is being tested with a limitedamount of participants for enhancing, simplifying, and polishingthe user experience. more users will be invited soon. GFACE will bereleasing and enhancing the service over time by utilizing itsuser’s feedback and adding new features and tools in theprocess, which will bring it closer to the goal of delivering aninnovative and user friendly social entertainment experience.

“GFACE enables its users to discover and experienceentertainment together in real time. ‘Play. together.Live’ encompasses our mission to re-imagine the way we play,the way we interact with each other – live in an entirely newway. we want everybody to play everywhere for free.”, saidCevat Yerli, CEO & President of Crytek and director ofGFACE.

For more information about GFACE please visit: http://www.gface.com or download our press kit here.

About GFACE GmbH

GFACE GmbH (“GFACE”) is an innovative, high quality social mediapublishing service. the inspiration and ideas behind GFACE wereborn in 2007 in collaboration with Cevat Yerli CEO of Crytek – oneof the world’s leading independent development studios forinteractive entertainment.

GFACE is a registered trademark of GFACE GmbH in the USA,Germany and/or other countries.

About Crytek GmbH

Crytek GmbH (“Crytek”) is one of the world’s leadingindependent development studios for interactive entertainment. Itis based in Frankfurt am Main (Germany) and has additional studiosin Kiev (Ukraine), Budapest (Hungary), Sofia (Bulgaria), Seoul(South Korea) and Nottingham (UK).Crytek is dedicated to creatingexceptionally high-quality video games for next-generation consolesand PC, powered by their proprietary cutting-edge3D-Game-Technology, CryENGINE®.

Since its foundation in 1999, Crytek has created the multi-awardwinning PC titles far Cry®, Crysis® (awarded best PC Gameof E3 2007 and Best Technology at the 2008 Game Developers ChoiceAwards), Crysis Warhead® (awarded Best Graphics Technology atIGN Best of 2008 Awards) and Crysis® 2 (awarded Best Shooter ofE3 2010 and Gamescom 2010).

For more information, please visit www.crytek.com.

Crytek is a registered trademark of Crytek GmbH in the USA,Germany and/or other countries.

<a href="http://www.gamasutra.com/view/pressreleases/82562/New_Social_Media_Publishing_Service_GFACEcom_goes_Live_withClosed_Beta.phptag:news.google.com,2005:cluster=http://www.gamasutra.com/view/pressreleases/82562/New_Social_Media_Publishing_Service_GFACEcom_goes_Live_withClosed_Beta.phpThu, 02 Feb 2012 17:02:48 GMT”>Gamasutra – Press Releases – New Social Media Publishing Service GFACE.com goes Live with
Closed Beta

Want to get rich quick?

February 7th, 2012

Reference is made to the article written by African Alliance Partner S’tofeni Ginindza early last month where he pointed out that what Swaziland was going through with the economic challenges we are facing as a country, was, and I quote, “a severe market correction”.I have spent the last couple of weeks thinking about this statement and what it means for us as a country and the ordinary man. Ginindza’s argument was based on the fact that a number of suppliers and service providers became overly dependent on government business and forgot about investing their resources in concepts like Research and Development (R&D) so that they grow their business beyond government. Having government as their major client, and in some cases their only client, proved to be the easier way out for these suppliers and service providers. So when government reduced its expenditure due to the reduction in Southern African Customs Union (SACU) receipts, these suppliers and service providers were greatly affected. Secondly, this created a situation where there was a lot of artificial pricing on the commodities and services our government was spending on and as such the situation became unsustainable and needed correction at some point.by nature people will always look for the easy way out as a first option. Some may call it the smart way of doing things. after all, why burn more energy when you can achieve the same results for less, would be the argument.be that as it may, by taking the easy road you could also be depriving yourself the opportunity for development. this is more like the case of joining a gym not because you have to but because you want to stay fit and healthy at all times.Having thought about this for a while, I could see how the same occurs to the individual and their ability to grow their wealth. in our line of work, we do a lot of presentations to clients and/or potential clients on a daily basis and one thing that is common for all people is that they want to make lots of money with the least possible risk to them. These days there are people who come up with schemes that they sell which offer exceptionally high rates of return in a short space of time. They go to the extent of ‘proving’ these investments by paying out some of their investors at the promised and agreed rates. this lures more people to invest in these schemes with the hope of making a lot of money in a short period. To the ordinary person, this may look like the easiest and quickest way to make money but the question is: is it really possible? Is this situation sustainable? will everybody who ‘invests’ in such schemes get the return they are expecting? Is there really anything like a ‘get rich quick’ type of scheme? These are the questions that I wonder if the general public is informed enough about and whether they really understand what really goes on and how money is generated. Some of these schemes guarantee a return in excess of 300% of your capital in less than a six-month period. I have often asked myself; where on earth do these people generate these kinds of returns and more so, how are they able to guarantee a client such a return? So is there really a get rich quick scenario? Investment bankers, like our institution, will often talk about investing in stocks which over time have proven to outperform any other type of investment. the stock markets have been known to make ‘instant millions’ in some cases. this happens when the value of the stock that you hold increases at a very high rate in a short space of time at which point if you wanted to cash out, then you could realise a return that is exceptionally high.So yes, given such an example, such a situation could exist. however, the opposite is also true. as much as stock markets do afford people the opportunity to trade stocks of various entities and make huge profits from the values of those stocks, they are also exposed to the risk of making huge losses. These are, however, the two extremes of a stock market. Under normal circumstances, you would experience a steady growth in your investment over a period of time.every listed company has to adhere to a lot of requirements that are set to govern and ensure that they are legitimate businesses. Therefore, to a very large extent, the stocks that are being traded in the market which could offer one a huge return are stocks of a business whose concepts and/or operations have been validated and chances of that business being fictitious are slim. the point that I am trying to make here is that even in those rare occasions where the stock of a certain company shoots up to a very high price, it occurs under a much regulated environment and such a situation is more of an exception than a norm. in addition, such scenarios do reach a point where the growth reaches a peak and eventually stabilises. as much as I may agree that the opportunities of being an instant millionaire are there, however they should be treated as an exception than a norm. People should teach themselves the art of growing their investment through research and development, exercising some patience, innovation and taking calculated risks. A calculated risk could be in the form of taking a risk that you know has a guaranteed minimum rate of return or a risk that even if you do not have any idea or guarantee on the rate of return you still are willing and can afford to lose your principal should it not work out for you.

The role of the Central BankThe Central Bank of any country is an institution designed to oversee the banking system and regulate the quantity of money in circulation in the economy. it is the role of the Central Bank to ensure that situations like ‘bank runs’ do not occur in an economy. A bank run is a situation whereby depositors ‘run’ to the bank to withdraw all their deposits. in most cases, commercial banks will only hold a fraction of their deposits in reserve and when a bank run occurs, they find themselves unable to satisfy all the withdrawal requests. even if the bank were in fact solvent (meaning that its assets exceed its liabilities) it would not have enough cash on hand to allow all depositors immediate access to all of their money. To avoid such situations, all financial institutions that operate in a country must be regulated by the Central Bank of the country in the interest of the general public and the stability of the economy.the next time you hear of these schemes that offer you substantial growth on your investment you must ask yourself the following questions: have they been cleared by the Central Bank of Swaziland? Should all the investors go and claim their money back; would they be able to pay out? Are they solvent? if it sounds too good to be true, it probably is. I encourage people to be very sober in growing their wealth and should learn and master the art of growing steadily. Let the situation of instant wealth be an exception more than a norm.

<a href="http://www.observer.org.sz/index.php?news=35129tag:news.google.com,2005:cluster=http://www.observer.org.sz/index.php?news=35129Mon, 06 Feb 2012 06:38:57 GMT”>Want to get rich quick?

Op-Ed: Komen Foundation Needs A New Approach

February 7th, 2012

Copyright © 2012 National Public Radio®. for personal, noncommercial use only. See Terms of Use. for other uses, prior permission required.

And now, the pink ribbon on the Opinion Page. This week, the Susan G. Komen Foundation angered one group of its supporters when it decided to stop funding for planned Parenthood and another group when it reversed that decision last week. in an op-ed in today’s Dallas Morning News website, Rodger Jones argued that the Komen Foundation needs a new approach, like special fundraising drives for research only, or else he’ll keep on walking every time he sees a pink ribbon on a box of Cheerios.

What decisions are you going to make after Komen reversed its funding decision twice? 800-989-8255. Email: talk@npr.org. you can also join the conversation on our website. That’s at npr.org. Click on TALK OF THE NATION. Rodger Jones is an editorial writer for the Dallas Morning News, and he joins us now from his office in Dallas. Nice to have you with us.

RODGER JONES: thank you, Neal. how are you today?

CONAN: I’m well. Thanks. I think all sides could probably agree, the Komen Foundation handled this very badly.

JONES: Well, absolutely. There are those who are 100 percent confused, accused Komen of giving this reason and that reason for cutting off or threatening to cut off the funding. and absolutely, I think Komen was caught flatfooted on something they were apparently trying to handle through back channels, and didn’t do it very well when word got out. and I would suspect it was somewhat orchestrated – and expertly so – on behalf of the planned Parenthood people.

CONAN: Well, their campaign to embarrass the Susan G. Komen Foundation, that was certainly planned.

JONES: I have no doubt about that. and to those people who would say this is something that shouldn’t be politicized, I’d – there’s probably scarcely a member of Congress who hasn’t spoken up this way or that way, signed one thing or another. Congress has made itself heard on both sides of this issue.

CONAN: as an opponent of abortion rights, you also said that you were surprised to learn that Susan G. Komen Foundation was supporting planned Parenthood in the first place. so there was an issue of transparency.

JONES: Now, Neal, let’s just go back just a little bit. and I know a lot of news organizations, including mine, has a nomenclature that would describe a person, such as myself, as against abortion rights. I would say this: There is an act. the act is called abortion. My church teaches me that that takes a life. so in describing myself and my position on abortion, I would self-describe myself as anti-abortion. if someone were to want to – if someone were to choose to cast that in a different light, that is their right, but I would self-described myself as anti-abortion.

CONAN: Well, maybe your editors can talk to my editors. and we could…

(SOUNDBITE OF LAUGHTER)

JONES: OK. That’s fine.

CONAN: we could work this out.

CONAN: in the meantime, though, there is an issue of transparency. you said you were surprised to learn that Susan G. Komen provided funds to planned Parenthood.

JONES: Well, absolutely. I’m – like most people in life, I guess, that we see somebody who is doing a fundraiser for one cause or another, we write a check. we check a box. we don’t spend a lot of time taking a look at what organizations do or how they spend their money. Some of those that might be the beneficiaries of a lot of our money, I think, we – our level of care goes up.

But in buying a pink box of this or a can of that, I’m like most people. I figure, well, this is Komen. This is breast cancer. It claims a lot of lives. It affects a lot of families, and salute them for what they do, and absolutely maybe check a box or buy the product. Now, as one of those people – half of the United States, I would say, give or take – who think that abortion is morally wrong. I was surprised, I think, a lot of – other people were surprised that some of Komen’s money went to planned Parenthood. I didn’t know that. I’m glad I know that now.

CONAN: and even though planned Parenthood and Komen said that money was used for mammograms and things like that, you would object to it, anyway?

JONES: Well, that money does not go to mammograms. and I think if you ask planned Parenthood closely, that money goes to screenings. and whereupon if a person were to be referred to a mammogram, it would go to potentially another provider that potentially would…

CONAN: Provide – yeah.

JONES: …administer the mammogram again with Komen funds, and that’s the problem that Komen is left with. Number one, a person such as myself who for whom abortion is an issue might be prone not to give to Komen on the basis of that, even though a small amount of it everybody says, a sliver of the Komen money went to planned Parenthood. and of planned Parenthood’s screening, apparently only a sliver of it came from Komen.

So when you listen to Nancy Brinker – and the one thing that she said over and over again last week was that the real reason or the main reason or maybe one of the two reasons that Komen was changing its grant structure or its criteria is because she said that – and just a little transcript, I’ve watched and re-watched her interview with Andrea Mitchell, and she said our job is to translate cancer therapy into usable types of therapies that can be accessible for most people. we need to translate care into usable clinical care in the communities. That means if a person is screened, we need to follow, find out what happened. once they go through planned Parenthood program, they often have to come to us for additional care.

Now, that sounds like to me that they were trying to correct a grant-making process that, perhaps, wasn’t the best use of their money. Admittedly, it wasn’t the best use of their money. OK. so Komen changes its mind toward the end of the week and said, all right. Well, never mind. we will revise our revision and planned Parenthood gets to keep the money. Well, Neal, they already said they found flaws in their grant-making and thought that they can improve upon it. so what they’re now left with is defending something that they already admitted was second best.

CONAN: There was another explanation as well, and that there were new rules that barred any contributions to organizations under investigations, including congressional investigations. and that seemed to cover – a lot of people said they only covered one group, the planned Parenthood. and they took this as a campaign by those who oppose abortion to cut off funds for planned Parenthood.

JONES: Absolutely. and I didn’t know any of that was ticking in the background. and so let’s say that’s explanation B or a, or whatever it is, let’s say there’s a and B, which one do you believe? Well, I would have to say most of the media, if not – if the vast majority of media attention last week was on the explanation B, the investigations, and, well, what about asking the second level and the third level of questions about the grant-making procedure and whether Komen was spending its money wisely, whether it was a good steward of its donors’ money and continuing the grant-making through planned Parenthood when planned Parenthood did some kind of screening – I don’t know what that is – and then if somebody needed a mammogram, would refer them on to somebody else for a mammogram.

So we have two explanations. so back to the investigation. so let’s say that there were some politics involved in that – I don’t doubt it for a minute – which was one the predominant reason? It’s anybody’s guess, isn’t it?

CONAN: Mm-hmm. Let’s get some callers in on the conversation. our guest is Rodger Jones, an editorial writer for the Dallas Morning News. he posted an op-ed, “Plenty of Alternatives to Komen Giving” on the Dallas Morning News website today.

Here’s an email from Angela(ph) in Oakland: I do not hear enough talk about what planned Parenthood actually does. Abortion is a very, very small percentage of its activity. as a young college student with no insurance, the only way I ever saw a gynecologist was through planned Parenthood. This is a public health service, not an abortion mill. in fact, planned Parenthood prevents thousands of abortions every day by providing free birth control. and they are also a very large provider of abortion.

JONES: Well, I wouldn’t honor planned Parenthood for its work that it does in so many different areas. and so far as what slice of what planned Parenthood does – I’m looking at a little fact box in my own newspaper, Neal, and it says, abortions make up three percent of its services in 2010. OK, three percent of its services. does that mean of every 100 people walking in, only three got abortions? I don’t know. and here’s another one. It says planned Parenthood says abortion services made up less than 15 percent of its annual revenue. a lot of different ways you can slice it and dice it.

OK. Let’s even stipulate that abortions, perhaps, aren’t as numerous as the services provided in all different ways. why does planned Parenthood persist in cementing its abortion business so tightly to the other services it provides, and then play the victim when half of the population for whom abortion is a big deal shudders in disgust at the thought of so many babies being aborted every year? I don’t know why, again, why it needs to tether the abortion part of its business as closely as it does to everything else it does considering the explosiveness of the issue for so many people.

CONAN: Rodger Jones joins us on the Opinion Page. You’re listening TALK OF THE NATION from NPR News. and let’s go to Geri(ph). Geri is on the line from Walnut Creek in California.

GERI: yes. I’d like to urge California women to keep their money in California. When I read about what this Komen Foundation was doing, I decided, well, I’m going to act with my dollars by keeping my money in California. I have two girlfriends who actually have had breast cancer. one of them passed away this time last year and the other one has survived it. and I find the argument that Susan Komen’s people are putting out very dishonest. I think that this is just a cover for giving in to right-wing political issues and that if they really care about saving lives, then they’re going to spend money on screening, even if planned Parenthood is the one that’s providing the screening.

Planned Parenthood does provide more than abortions. in fact, there’s 50 million Americans that have no health insurance. Many of those are women. Many of those are women who have children, and their only place where they can go and get a mammogram, which is life-saving political – life-saving medical procedure is at planned Parenthood. and so if the Komen Foundation is really committed to saving women’s lives and not committed to getting involved in a political debate, then it will continue to fund organizations like planned Parenthood and all organizations that provide preventive care for women.

So I’m urging California women, don’t send your money to Susan Komen. I actually did some research on it, and I saw that the CEO makes $500,000 a year, which I think is a huge amount of money. I’d rather send that money to organizations in California that are working to fight for a cure for women. so that’s what I’m doing.

JONES: you know, Neal, I really appreciate that caller’s sentiment. and unfortunately, she would apparently put me in some right-wing on this issue, but let me say this. last week was a great clarifier in a number of different ways insofar as Komen and breast cancer is concerned, it was a clarifier that caused me to make a donation that I had been negligent, not moving on a little faster.

I went to the American Cancer Society website today and made a donation in the name of my mother. we lost her from breast cancer last year. she was a – an FDR Democrat. she raised us all Catholic, and she was anti-abortion. so I don’t know if you’d put her in the right wing, but I can tell you this, she has never voted for a Republican in her life. she had never voted for a Republican in her life and that was her belief. but I did find – like your caller from California, I did find an option to Susan G. Komen. I put money not only with the American Cancer Society, but checked a box for breast cancer. There are plenty of options.

CONAN: Geri, thanks very much for the call. and let’s see. we got one more caller in. This is Cathy(ph), Cathy calling us from Columbus.

CATHY: yes.

CONAN: Go ahead, Cathy. You’re on the air.

CATHY: Well, as I was saying before, I didn’t know if what your speaker was talking about breast screening versus an actual mammogram. I don’t know what distinction they’re making – what planned Parenthood is making, but my only thought was that mammograms are vitally important to every woman. and they should be done, you know, age 40 or even earlier. but maybe what planned Parenthood should do is say, well, all future moneys from Komen go into the breast screening file. Maybe they should not have one thought. I can understand that some people might not want to donate to anything that has to do of planned Parenthood. I respectfully disagree. however, I can see that as, you know, some people don’t want to do that. so maybe if they kept those moneys separate or just, you know, made it a classification in that way.

CONAN: All right, Cathy. Thanks very much for the call. and, in fact, Rodger Jones, in a piece of advice for Komen – though your money’s now going elsewhere – you advise something exactly like that, a research-only fund or something like that.

JONES: Well, I can tell you this from my mother’s fight with her disease. There are therapies out there. There are drugs that are, to me, are just miracle drugs. they are life-extending and life-extending in such a positive and almost unbelievable way. Real breakthroughs are being made and that’s where my money is going to be going.

CONAN: Rodger Jones, thanks very much for calling. and we have to say, we’re sorry for the loss of your mother.

JONES: Thanks very much, Neal. Aldana Jones, Cleveland, Ohio, she was a great lady, loved her very much. and American Cancer Society has a donation in her name.

CONAN: Rodger Jones, editorial writer for the Dallas Morning News. he joined us today from his office there in Dallas. you can find a link to his op-ed on our website. Go to npr.org. Click on TALK OF THE NATION. Tomorrow, religious groups and the requirement to cover birth control. We’ll talk about religious exemptions. Join us for that. It’s the TALK OF THE NATION, from NPR News. I’m Neal Conan, in Washington.

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<a href="http://www.npr.org/2012/02/06/146474745/op-ed-komen-foundation-needs-a-new-approachtag:news.google.com,2005:cluster=http://www.npr.org/2012/02/06/146474745/op-ed-komen-foundation-needs-a-new-approachMon, 06 Feb 2012 19:02:34 GMT”>Op-Ed: Komen Foundation Needs A New Approach

18 Jan 2012: Putting ICT Within Easy Reach

February 6th, 2012

CTU Training Solutions recently opened it’s 17th campus in Cape Town.

Situated in the centre of the city within easy access to all public transport the corporate and career campuses offer a variety of programs with National Qualifications and International Certifications.

These run either as 1year or 2 year full-time courses, depending on specialisation. The focus is on the ICT sector to develop skills and prepare entry level graduates for a career in a market sector filled with exciting opportunities. The corporate campus offers short courses (day and eve) with accreditation to all recognised international certification including Microsoft, CompTIA and more.

• Project Management (New): The primary purpose of the program is to provide learners with a foundation of basic project management and skills which can be used to build further related competencies. This is a non-industry specific qualification which can be utilised in various fields of work.

• E-Marketing (New): The internet is responsible for constantly changing markets, media, branding, advertising and consumer behaviour. This course is designed to give professionals and students the opportunity to learn how to practically apply internet marketing tactics to small, medium and large businesses.

• Graphic designers plan, analyse and create visual solutions using typography and images to present information. they develop the overall layout and design of magazines, newspapers, journals, corporate identity and other publications.

• Computer Aided Draughting & Design: A CAD operator visualises a given sketch of an idea into 2D drawing through to a 3D Computer Aided Drawing (CAD) model. The operators are in great demand in the architectural, engineering, designing, manufacturing and shop fitting industries.

• IT Technical Support: Professional: The MCITP: Consumer Support Technician credential is the premier certification to highlight and validate your expertise and skill set in a job role supporting a broad range of consumer desktop operating systems, desktop applications, mobile devices, networking, and hardware support issues related to the Windows operating system.

• IT Systems Support: Microsoft Enterprise Administrator (Networking): Network Engineers design and implement large networks and are required to have significant expertise in designing and administering network hardware and software. Earn the MCITP: Enterprise Administrator certification, distinguishing you as an IT professional committed to excellence in working with Windows Server.

• IT Systems Support: CISCO Certified Network Professional (New): The CCNA and CCNP qualification enables you to plan, implement, install, configure, verify and troubleshoot local and wide-area enterprise networks.

• IT Systems Developer: Microsoft Certified Professional: This program introduces the learner to software development processes, computer software, different programing languages, techniques and technologies used in development processes.

<a href="http://www.cbn.co.za/dailynews/5953.htmltag:news.google.com,2005:cluster=http://www.cbn.co.za/dailynews/5953.htmlTue, 17 Jan 2012 22:20:14 GMT”>18 Jan 2012: Putting ICT Within Easy Reach

Money Matters – Sheconomics

February 4th, 2012

The most influential consumers in today’s tough economic climate are women, prompting companies to finally pay very close attention to what women want to spend their cash on.

In total, women now represent a growth market bigger than China and India combined. Women control 65 per cent of global spending. Women control 80 per cent in the USA and are influential in the final decisions in 91 per cent of house purchases, 65 per cent of new cars, 80 per cent of healthcare choices and 66 per cent of computers.  It is also estimated in Britain that by 2020 there will be more female millionaires than male millionaires.

This new term ‘shecomonics’ is making an impact, and is proving to be very interesting. fewer women are getting married and, those that do, are older when doing so, and most single parents are women. ‘Shecomonics’ is something we are going to hear a lot more of.

With regard to branding, the default setting used to be more anodyne and less imaginative, or even a sub-brand. that doesn’t work anymore. Companies are changing the way they deal with female customers.

But, banks, for example, are so traditionally male-dominated that they are going to have to radically change their approach and become more human. Political parties too are going to have to change and this is starting to happen with a quota system.

Some of the changes we see happening are in telecommunications business, home improvements and now Harley-Davidson are making bikes that are more comfortable for women. There are even new beers, such as Carling Chrome and Animee, which have less fizz.

Dr Antonia Ward, editor of Future: Poll, the research division of trend-spotters the Future Laboratory, warns against complacency. “There are plenty of products and services being re-marketed with women in mind, but it’s not the same as products being designed specifically for women,” she says.  

But, change is on the way. In 2010, the Chevrolet Equinox offered carved out door panels to protect diamond rings being hit by window switches and enlarged central console for handbags and a higher tilt to the accelerator making it safer and more comfortable to drive in heels! Courvoisier discovered in 2011 that you can convince women to drink spirits by making them weaker, pinker and colder than male versions! Goodyear currently has in development, though not yet marketed, a self-inflating type! And, finally, Samsung is pushing the handbag phone, a perfect fit for a handbag!

HC Financial Advisers…………..inspirational advice

<a href="http://galwayindependent.com/stories/item/719/2012-3/Money-Matters—Sheconomicstag:news.google.com,2005:cluster=http://galwayindependent.com/stories/item/719/2012-3/Money-Matters—SheconomicsWed, 18 Jan 2012 08:04:42 GMT”>Money Matters – Sheconomics

Zimbabwe News Roundup

February 4th, 2012

Tension is swelling within Zanu (PF) as preliminary confessions in the inquest into the death of retired General Solomon Mujuru make up a confused script into exactly how the leader of the guerrilla war died. On Monday forensic expects ruled out the use of explosives in the fire that reduced the hardened fighter to cinder.

Members of his faction who include his wife Vice President Joyce Mujuru want answers and fast. “I am sure the truth will come out. it was a good beginning. it was a good start but in between the period of inquest I was called by his Excellency (President Robert Mugabe) since I am at work and then I came back later therefore some of the witnesses had finished their business,” Mujuru said outside court without revealing why she had been called by President Mugabe for a meeting.

Inside the court members of Zanu (PF) sang the accusing song Ndimi makauraya (you are the ones who murdered) during the first day of the hearing. a police detail at the farm told him that Mujuru was alone when he arrived at his Alamein Farm. But a guard had said the general, who died on August 16 last year, was accompanied by an unidentified male colleague.

Duty hikes push prices

Prices of basic commodities are set to increase following the duty hikes by the local revenue authority ZIMRA.

A 25 percent surtax will be charged on a wide range of imported items, ranging from food items to cars, as of the first of this month. Items include fresh vegetables, meat and dairy, flour, pasta, bread and cakes, alcohol and cigarettes, cosmetics, footwear, candles and even soap.

The new surtax charges are said to be part of government’s efforts to protect local industry from imports – despite the fact that the local manufacturing industry is still performing well below what is needed to supply the market. – Staff reporter

Anglicans persecuted

The persecution of the Anglican Church has entered 2012 with renewed vigour from suspected members of the Central Intelligence Organisation and the police. Suspected CIO operatives last week stopped an Anglican Church women’s retreat on the outskirts of Harare. Retired Reverend Chad Gandiya wrote to the police last week complaining on the continued interference and questioning whether freedom of worship has withered in the country.

“the Zimbabwean constitution allows for freedom of religion. why are we being harassed like this? are we second class citizens in the land of our birth? like any other citizen of this country we expect equal protection by the law enforcement agents of our Republic,” said Gandiya.

Last year the Anglican Church wrote to Mugabe asking for his intervention to stop the persecution, but Mugabe himself a Catholic is yet to respond and the police in the eyes of the Anglicans are on the side of Kunonga, the persecution continues. – Staff reporter

Award for Zim farmer

George Campbell-Johnson, the founder and Chairman of Zimbabwe Farmers Trust, was awarded the MBE in the British new Year’s Honours List for ‘Services to Zimbabwe Farmers’. His work included financial and practical support to numerous displaced farmers following the land invasions begun in 2000. Commentators said the award indicated that the British Government acknowledged the need to help these farmers. – Staff reporter

Vets invade COPAC

Self-styled war veterans last week continued their disruption of the constitution-making process as they invaded a COPAC press conference in Harare a few days after chasing COPAC officials in the resort town of Vumba. Zanu (PF) collaborators and war veterans accuse drafters of cooking up people’s views and are threatening to go to court to have the process stopped. – Staff reporter

MPs get $15 000

Members of Parliament are all smiles after getting their $15 000 outstanding allowances in a month that is traditionally a difficult one after heavy spending during the holidays. a total of $3 million was paid to the law makers who have been accused by the public of selfishness as they have threatened to stall government initiatives over the outstanding arrears. Civil servants are threatening to strike as they continue to earn way below the poverty datum line currently estimated at $540. they accuse the government of delaying salary negotiations and of being insincere especially after agreeing to pay the MPs. – Staff reporter

Children learn in cattle pens

Children at Beza Primary school near Masvingo are being forced to share classrooms with cattle after acting District Administrator James Murapa turned the classrooms into pens for his livestock. the school is on a farm formerly owned by Benly Mitchell. Murapa who grabbed the farm is justifying using the classrooms saying the buildings are now his property. – Staff reporter

Litmus test for ZMC

Prime Minister Morgan Tsvangirai last week put the Zimbabwe Media Commission to the test after he took a case of complaint to the media regulatory board for a story that was published by the state-owned Herald newspaper. the Herald recently published a story saying Tsvangirai had bribed editors from the private media to write positively about him. the case will be a test case for ZMC as it has in the past always warned private newspapers against writing “falsehoods”, although the commission had no evidence to back its threats against private papers. Tsvangirai alleges that the Herald in its story breached journalistic standards. – Staff reporter

Macdom lawsuit

The long-standing dispute between Chisumbanje villagers and Green Fuel’s Macdom Investments (Pvt) Limited has taken a new twist after the latter sued Platform for Youth Development Director, Claris Madhuku, for $100 000 on defamation charges. the company’s lawyers, Ahmed and Ziyambi, sued Madhuku on charges that “he caused the publication of defamatory articles about the plaintiff (Macdom Investments),” read the summons.

The two articles referred to in the summons were published in September 2011 under the headlines, “Chisumbanje Villagers furious over lack of consultation for ethanol project” and the Chisumbanje land dispute,” Madhuku, represented by Zimbabwe Lawyers for Human Rights, has indicated he will defend the charges. – Staff reporter

Govt owes Harare $70m

Harare City Council, fined $15 000 by the Environmental Management Agency last week for violating environmental legislation, says it is keen to provide a better service to its residents, but is hamstrung by unpaid bills. Acting Town Clerk and Director of Health Services, Dr Prosper Chonzi, said government owed the council $70m in charges and fees.

The council is also owed $200m by residents. Chonzi also pleaded with EMA not to impose a monetary fine as it would exacerbate the situation. He also said council had done reasonably well in view of the collapse of all water and sewage systems under the Zimbabwe National Water Authority. a World Bank technical team is working on rehabilitation of outstanding works, expected to be completed in 2014. more funding is expected from the Multi-Donor Trust Fund in 2012. – Wallace Mawire

Presidential scheme halted

The controversial Presidential scheme was halted at the Karoi Grain Marketing Board depot last Friday amid accusations of looting by senior Zanu (PF) officials, forcing desperate farmers to go home empty-handed.

The depot was virtually deserted after it was announced that rural councillors would assist in vetting and verifying deserving farmers. Some Zanu (PF) officials and MPs are accused of hijacking the credit facility claiming it is a campaign tool by President Robert Mugabe ahead of possible elections this year. this has brought divisions within the former ruling party where Zanu (PF) Hurungwe East MP Sarah Mahoka is accused of looting nearly 50 tons of inputs.

She defended her move saying the maize was for her constituency. GMB workers supported her: “Mahoka is one of the few Zanu (PF) officials who is consistent in delivering maize. you cannot compare her with youths who do not have even a single voucher for nearly eight years. it is political.” – Radio VOP

Freedom Moyo dies

Zimbabwe Broadcasting Corporation Current Affairs manager, Freedom Moyo, died in the early hours of Tuesday. He was involved in a car accident on Saturday morning. the Voluntary Media Council said Moyo was an outstanding senior journalist who was very popular among his peers and had a very successful career in journalism. Funeral arrangements had not been announced at the time of going to press. – Staff reporter

Women back in court

WOZA leaders Jenni Williams and Magodonga Mahlangu returned to court this week to hear the magistrate’s ruling on their application to dismiss their case without being put on their defence. After a fortnight of waiting, WOZA expected the magistrate, Goodluck Sangweni, to rule in their favour as the state had presented no evidence that could support the charges of kidnap and theft. But Sangweni said he believed the aims of justice would be served by putting the accused on their defence.

Defence lawyer Kossam Ncube asked for the magistrate to give his reasons for this unexpected decision. Explaining that there is no appeal process, Ncube advised that he would seek to apply to the High Court to review the magistrate’s decision and needed a written copy of reasons for dismissal of the application. the magistrate agreed to present his reasons in writing on Friday, January 20. – WOZA

No space for graves

Masvingo is fast running out of burial space and the lack of a master plan has resulted in difficulties in getting new land. “the space for graves in Mucheke is all but filled up. We are going to open a new site along Mutare road. any inconvenience caused is greatly regretted,” said city clerk Adolf Gusha.

The council has already put adverts in local newspapers notifying the residents about the lack of space for cemeteries.

Residents said it was very unfortunate for them since they are likely to fork out a lot of money in order to bury their loved ones. – Radio VOP

Bulawayo needs rain

Bulawayo residents face another round of water shortages as the local authority is going to decommission one of its five supply dams, Umzingwane, next month due to low water levels. two more dams, Upper Ncema and Inyankuni will be decommissioned in the coming months unless significant rain is received.

They are less than 30% full – at 17% and 21.3% full respectively. If the three dams are decommissioned, Bulawayo will be left with lower Ncema and Insiza which are presently at 56% and 87.2% full respectively. the city has faced perennial water problems. the Matabeleland Zambezi Water Project, to tap water from the Zambezi River through the construction of a 450km pipeline, was mooted way back in 1912.Costs have since ballooned to about $600 million, way beyond what the cash-strapped Zimbabwe government can afford. – Radio VOP

Break of Dawn

New Dawn Mining said Monday operations had resumed at its Turk and Angelus mine, about a week after work was halted by underground workers. the company, which has five mines in Zimbabwe, said the disruption had caused little impact on gold production. it now aims to produce 60 000 oz/y of gold by the end of 2012. – Agencies

Dogs maul gold panners

At least two gold panners were mauled by police dogs as thousands of desperate fortune seekers flocked to the Sherwood Block outside Kwekwe in the hope of striking it rich.

Small scale miners desperate to get their hands on gold deposits have come face-to-face with the might of President Robert Mugabe’s security services. the military-headed Joint Operations Command says mining can legally begin there on Monday, but syndicates will be forced to sell their gold to the state. – Agencies

<a href="http://www.thezimbabwean.co.uk/news/zimbabwe/55697/zimbabwe-news-roundup.html?utm_source=thezim&utm_medium=homepage&utm_campaign=listarticle&utm_content=headinglinktag:news.google.com,2005:cluster=http://www.thezimbabwean.co.uk/news/zimbabwe/55697/zimbabwe-news-roundup.html?utm_source=thezim”>Zimbabwe News Roundup

Cool links

February 2nd, 2012

This is a continually updated page with links to great websites, reports, studies and anything else we find interesting in the world of education in Colorado and beyond.

By the numbers – the National Center for Education Statistics has released the  Digest of Education Statistics, 2010 – mini-digest and full digest.

Lessons from abroad – a look at “what the U.S. can learn from the world’s most successful education reform efforts.”

Linking CSAP and remediation – a first-of-its-kind analysis of state test results and college remediation rates shows many of those who needed remedial help as college freshmen could have been identified as early as the sixth-grade. Read the study “shining a light on college remediation in Colorado.”

Does testing help kids? – Read about a study in the journal Science that appears to show testing is an effective way of helping students learn.

Those international comparisons – what do they really tell us? the Atlantic has an interesting look at a study by Stanford economist Eric Hanushek, who compared American states and foreign countries to see how they’re doing with the best and the brightest students.

Interesting new report – the research group McKinsey & Co. has released a report on 20 school systems around the world, including Singapore, Boston and Long Beach, Calif., that have seen sustained improvement. It’s a unique look at whole-system or districtwide change that lasts.

Another McKinsey & Co. report on a topic that’s little discussed – how to improve teacher quality from the beginning. “the U.S. draws most of its teachers from the bottom two-thirds of college classes,” the report notes, in stark contrast to other high-performing nations such as Finland where, “Only about one in ten applicants is accepted to become a teacher.”

Check this out – the Colorado Department of Education puts 2010 state education facts at your fingertips in this handy guide that includes the state’s performance on the National Assessment of Educational Progress, also known as the Nation’s Report Card.

What’s here – That charter school study everybody is talking about? Linked here, so you can read it for yourself.

Ever wonder how Colorado students compare to their peers in other states in reading? Here’s the link to the only national test that can tell you.

Trying to figure out where all that education stimulus money is going? We’ve got links to four websites that should help you figure that out.

Also included are links to the new state law on educator evaluation, the website of the council charged with figuring it out and Colorado’s second race to the top bid.

Enjoy, and feel free to send us links at EdNews@ednewscolorado.org.

Tracking education stimulus spending

EdMoney.org – how are billions of dollars in economic stimulus funding reaching America’s schools? This site, a project of the national Education Writers Association, is tracking stimulus spending in schools across the country.

Schools and the Stimulus – Education Week’s topic site for all things related to the economic stimulus.

U.S. Department of Education stimulus site – the official word on education funding and programs through the $787 billion American Recovery and Reinvestment Act of 2009.

Colorado Department of Education stimulus site – the state on its share of stimulus dollars.

Help in choosing a school in Colorado

See the Colorado School Data Center on our sister site, EdNews Parent.

Colorado School Choice for Kids – a comprehensive site that walks parents through the process of selecting a school for their children. available in Spanish. Created and funded by various local foundations and businesses.

School Choice for Kids – A user-friendly and bilingual site providing in-depth data on Colorado’s public and private schools. Created by the Independence Institute.

Schoolview.org – the Colorado Department of Education’s site provides a wealth of information on individual schools and districts, and allows you to compare them based on factors such as student academic growth.

For true data geeks

National Center on Education Statistics – the national repository for education facts and figures.

The Nation’s Report Card – the only exam allowing for comparison of achievement across states.

CSAP results – the Colorado Department of Education’s page for state, district and school results, past and present.

Colorado Higher Ed reports – the state department’s web page of reports, studies and databases.

Also on the higher ed front – the U.S. Government Accountability Office has issued its investigative look at for-profit colleges. the title may say it all: Undercover Testing Finds Colleges Encouraged Fraud and Engaged in Deceptive and Questionable Marketing Practices.

Colorado K-12 data – the Colorado Department of Education’s site for enrollment, average teacher pay and other stats by district and/or school.

What’s up with the new CSAP? – the state’s page explaining revisions to the state testing system and updating the process.

Charters

No Clear Edge for Charters – June 2010 – This federally commissioned study by Mathematica Policy Research involved more than 2,000 students in 36 charter middle schools in 15 states. the conclusion, as summarized by the national education journal Education Week:

“Students who won lotteries to attend charter middle schools performed, on average, no better in mathematics and reading than their peers who lost out in the random admissions process and enrolled in nearby regular public schools.

But charter middle schools serving the most economically disadvantaged students—especially those in urban areas—were more successful than their counterparts serving higher-achieving, more affluent students in producing gains in mathematics.”

The KIPP report - June 2010 – This study, also by Mathematica Policy Research, looked at results in 22 middle schools operated by the Knowledge Is Power Program and reached similar conclusions as the study above.

The CREDO report – June 2009 – This study by the Center for Research on Education Outcomes at Stanford University ignited much debate over its conclusion that most charters were producing similar or worse results than traditional public schools.

What does it all mean? Margaret E. Raymond, the director of CREDO and the lead author of the study released last year, told Education Week that the newer results were “not surprising.”

“This is another layer of evidence that points to the wide variations in the charter school community and highlights, once again, that policy and context really matter. I think what we really have to do now is get under the hood and find out more about how charters differ and why.”

Shortchanged Charters – Colorado League of Charter Schools 2008 report on the facilities challenges facing charter schools across the state.

Denver ProComp

Outcomes Evaluation – April 2010 – This report by University of Colorado researchers, led by Ed Wiley, examined effects of the alternative teacher pay plan on student achievement and teacher retention. Read the EdNews story here.

Year One Evaluation – Covers 2006-07 school year – first report by CU researchers studying ProComp.

Other Denver studies

Teacher Performance Management in Denver Public Schools – the February 2010 report by the New Teacher Project, authors of The Widget Effect, honing in on teacher evaluation issues in the city school district. a similar report on Pueblo City Schools is here.

Access to Quality Schools – a 2008 report by the Piton Foundation examining where Denver’s low-income children live in proximity to high-performing schools.

Report on Denver Public Schools pension plan – a 2008 report detailing the challenges posed by traditional pension plans in public school systems. This study clearly lays out how difficult it will be for school systems to recruit the best and brightest young teachers under current pension structures,

School closure lessons – a report commissioned by the Piton Foundation and prepared by the Center for Reinventing Public Education on lessons learned from other cities that have embarked on large-scale school closures.

Colorado state links, reports

Colorado’s turnaround application – Here’s how the state won nearly $40 million in federal funding to turn around its lowest-performing schools.

New state law on educator evaluation – Denver Democratic State Sen. Mike Johnston’s bill as approved by Colorado lawmakers.

State Council on Educator Effectiveness – Site of the council appointed by former Gov. Bill Ritter and charged with figuring out how to implement S.B. 10-191, also known as the Johnston bill.

Statewide facilities assessment – March 2010 – the state’s first-ever evaluation of building needs in Colorado schools and how to pay for them.

<a href="http://www.ednewscolorado.org/2012/02/01/32192-dps-proposes-funding-extra-time-ell-helptag:news.google.com,2005:cluster=http://www.ednewscolorado.org/2012/02/01/32192-dps-proposes-funding-extra-time-ell-helpWed, 01 Feb 2012 23:48:17 GMT”>Cool links

Asia Sentinel – Apple’s Unused Cash Pile

February 1st, 2012

 

Apple

US$97 billion could be put to better use than sitting in the Cupertino vaults

It may seem a tribute to the late Steve Jobs that he left it with a pile of cash US$97 billion high. but all the good that Apple devices have done could be offset by that pile of unused money. A cash horde that big is of no use to Apple itself – it is far too large to be invested sensibly in related products or services or to create new devices. meanwhile it is doing huge damage to the global economy, the US one in particular but China’s too. take a look at where much of that S$97 billion should have gone instead of being held by the misers of Cupertino, Cal. as though they personally owned it all. there are three principal claimants on at least half of this money but who are unlikely ever to see it in their bank accounts. in no particular order they are: The US government. By making use of all the sophisticated offshore corporate devices common to multinational corporations Apple minimized its tax payable in the US despite the fact its profits mostly derive from the inventiveness and marketing skills of US citizens living and working in the US. the company in essence owes its existence and success to the environment in which it was nurtured, an environment owing much to the broader US society of which it is part. but these arrogant folks at Apple clearly care not a jot about a society in need of tax revenue to support education, infrastructure and the health system, all state-supplied benefits of which the late Jobs made copious use. as a non-American observer, this sense of entitlement to use every available device to minimize tax payable to the US government is indicative of the narcissism of so much of contemporary US capitalism. The shareholders. the Cupertino crowd may like to justify their tax avoidance as being in the interests of their shareholders, most of whom are assumed to be US citizens. but why then does the company not distribute those profits for which it has no obvious use to the people to whom they belong – the shareholders? A few billion dollars in dividends would do wonders for many an individual and pension fund trying desperately to keep incomes rising even half as fast as inflation and when bond yields have to be kept artificially low to enable a cash-short government to borrow cheaply. Tax on dividend income would also help government finances. The workers in China. again the Apple arrogance is at work claiming that somehow it has scant responsibility for the wages that Foxconn, the Taiwanese firm which is its principle contractor in China, pays its thousands of workers assembling Apple products. One might have thought that given its huge profit margins Apple would have wanted to take a lead by not trying to strike as hard a bargain with Foxconn and hence with it Chinese workers, who appear to be suffering from appalling working conditions, mandatory overtime and often-dangerous environment. after all, Apple’s success is due almost entirely to the quality and reputation of its products, not to undercutting rivals on price. but no, the Chinese workers like the Apple shareholders and the US government must be squeezed to enable Apple to build a boastful cash pile which earns almost nothing. as a result of efforts to hold down wages, China’s consumption is not growing as fast as it should, which adds to trade frictions between the US and China. there is a broader global macro-economic damage that is also being done by Apple. the company is not alone in this. Many other big corporations in the US, in Europe and in Japan have been making good profits but hoarding cash. Profits as a percentage of turnover of non-financial firms in the US are far above the long-term average. but instead of paying higher wages, higher dividends, more taxes or increasing their investment they are sitting on cash. Corporations are enjoying surpluses while governments and households pile up debt. this is unhealthy for all concerned. the likes of Apple should share much of the blame for imbalances in western economies, whatever their contribution to innovation and the export of US expertise.

<a href="http://www.asiasentinel.com/index.php?option=com_content&task=view&id=4171&Itemid=422tag:news.google.com,2005:cluster=http://www.asiasentinel.com/index.php?option=com_content”>Asia Sentinel – Apple’s Unused Cash Pile

Time not on always on side of homebuyer

February 1st, 2012

One fact that is obvious to the many who have attempted to buy a home in the past several years is that it can be a long slog from when the idea first strikes that being a homeowner might be a good thing to when the new homeowner is handed the keys.

This time frame has lengthened quite considerably over the past five years or so due to the prevalence of short sales and bank-owned properties becoming such a major part of the market.

Whereas in the old days, a buyer and seller, usually each with his own Realtor in tow, would come to an agreement for the buyer to buy and the seller to sell and, after a period of 21 to 45 days, title would change hands, the seller would receive equity (there was almost always equity), and the American Dream of homeownership would perpetuate itself.

The transaction I just described is now referred to as a straight sale – straight from a seller to a buyer.

But now a straight sale is the exception, not the rule. what usually happens now is that, if the original seller still retains title, there’s a high probability that there is no equity in the subject property to speak of.

This means that the seller, once an offer from a qualified buyer is accepted, has to wait for their lender, or lenders, to go along with the transaction. After all, if there’s a shortage to be had, it’s to be had by the lenders on the property, however many there are.

With the exception of the fact that sellers in a short sale suffer some damage to their credit rating and, in most cases, will not be able to buy a home again for at least three years, they are still left standing for the most part. this is not to downplay the fact that to buy a home believed to be your dream palace only to lose it in a relatively short period of time is not extremely traumatic, because it certainly is. But for the seller in a short sale, another day will dawn, at least most of the time.

So it’s no wonder that the lender(s) have to think once, twice, or even more about the prospect of losing what may be several hundred thousand dollars – and not just on one transaction, but many of thousands of times over in the U.S. over the last several years.

So far in this report I don’t think I’ve put anything out there that most folks don’t understand these days. But here’s the real rub for those of us in the lending field – lending rules and buyers’ qualifications can change over the many months while waiting for a short sale to get approved and to obtain the myriad of signatures required to seal the deal.

This can result in buyers and sellers – not to mention banks and Realtors, going through as lot of hoops all for naught.

A typical example can be where a lender pre-qualifies a borrower in, let’s say April, only to have the final approval on a short sale stalled until August. (This is not even nearly as bad as some real examples I could cite.)

What can, and sometime does, happen in the meantime is that a buyer’s credit score can drop below the minimum allowed for the loan program for which they’ve applied.

A credit report run for the purposes of pre-qualifying a prospective homebuyer can only be utilized on a loan closed with 120 days of when it was first input – and that’s for FHA and VA. Conventional loans, depending on the program, allow for up to 30 days less for the life of a credit report.

After these time frames, the credit reports must be re-run, and sometimes, as mentioned, the score may have dropped and/or there may be an extra debt or two that is now precluding the once well-qualified borrower from, well- borrowing. (You might be amazed as to how many would-be homeowners feel that, now that they’re pre-qualified for as mortgage that their old car is just not going to look to good in the driveway of their new home, and feel the urge to replace it with a newer, and more expensive, model. their appreciation of modern automotive technology may be wonderful, but their timing stinks!)

Or the prospective homeowner, while waiting for a thumbs up on the offer, may have lost a job or, even more inexplicably, may have quit a job because a boss or a co-worker gave the evil eye, or something equivalent. I’ve even seen it where, while waiting for acceptance on a short sale, one spouse or the other files for divorce – often to the total surprise of the other spouse. (Actually, this doesn’t always kill the escrow. I’ve had it happen where a couple getting a divorce will continue with the transaction allowing for one or the other to move into the house while the other goes on their merry way. this allows for a close of escrow and a property settlement all at the same time! quite efficient!)

Unfortunately, sometimes the rules of the lending game just change while the waiting is going on.

Fannie Mae has a computerized underwriting engine referred to as DU, or Direct Underwriter. (Freddie Mac has one as well referred to as LP, or Loan Prospector.)

For all intents and purposes, loans not approved by the agency’s automated underwriting systems will not be funded by a lender. (Yes, there are exceptions). But the criteria for approval within those systems changes several times a year.

Fannie Mae, for instance, will look at patterns in borrower profiles that can be recognized that may hint at future defaults or foreclosures, and make changes to DU accordingly. for example, whereas in the middle of 2011, a borrower putting 20 percent down could get approved with a back-end debt ratio of 50 percent (50 percent of gross income going to support all debt, including the new mortgage payment), that ratio has since been backed off to 45 percent with the latest version of DU- version 8.3.

So someone qualified in April of 2011 may, by the end of 2011, now qualify for a lesser sales price. (Fortunately, as 2011 was a down year for interest rates, not too many folks got pushed out of the market with the advent of DU 8.3.)

This is a stellar example of time eroding the ability of some would be homebuyers to obtain the financing they originally thought they could get without a problem.

Frankly, sometimes there are distinct advantages to waiting out the real estate market. if rates move lower over a period of time, or if real estate prices were to fall, the passage of time could be a great prize to a patient prospective homeowner. But as often as not, a borrower’s financial profile might very well deteriorate as time passes.

There’s a saying in the real estate profession that the best sale is one that is closed! or a bit more on the crass side would be, “Don’t spend the commission you don’t have yet.” this is another way of saying, “Don’t count your chickens before they’re hatched.” All these little dictums, which all mean pretty much the same thing, come from the experience of seasoned real estate professionals who have worked their tails off to close some hard one transactions only to have them fall by the way side due to changes in a borrower’s financial profile or changes in lending rules.

That brings up another catch phrase that can be found right in a real estate purchase contract; that is “Time is of the essence.” I’ll go with that one just to be safe.

- Brian Weide is branch manager of SunStar Mortgage Services. He can be reached at brianweide@prodigy.net or 909-483-3212, ext. 243.

<a href="http://www.redlandsdailyfacts.com/business/ci_19860294tag:news.google.com,2005:cluster=http://www.redlandsdailyfacts.com/business/ci_19860294Tue, 31 Jan 2012 20:04:28 GMT”>Time not on always on side of homebuyer

Online Guest Reviews Gaining Momentum

February 1st, 2012

Independent Hotels now Validating Comments, Controlling Reputations with Online Tools

recent USA Today article reports major hotel companies are adding customer review processes to their websites; Lodging Interactive’s Guest Review system is available today for any hotel that wishes to validate and better manage its online reputation 

Think guest reviews aren’t that important to your ongoing web strategy? Think again. in a recent USA Today article titled “Hotel giants embracing guest reviews — good or bad,” author Barbara DeLollis reports that some of the world’s biggest hotel companies are adding customer reviews of their hotels to their own websites “betting that their best customers will put more faith in reviews that are on their websites because they — unlike TripAdvisor — have the ability to confirm whether a review writer really checked into that particular hotel.” the good news for independent hoteliers is that an easy-to-use and extremely affordable Guest Review System is available from Lodging Interactive that enables them to mirror — and even surpass — these brand initiatives.

“It’s important for independent hotel owners and operators to know that they can easily and affordably compete with brand Guest Review programs and take control of their online reputations today,” said DJ Vallauri, President and CEO of Lodging Interactive. “The Guest Review system is a web-based tool that is successfully helping hotels verify, review and display customer comments directly on their websites. By allowing management to respond to comments in real time, hotels are improving hotel-to-guest communications and boosting guest retention and loyalty.”

Lodging Interactive is an interactive and social media marketing agency exclusively servicing the hospitality industry. the Guest Review System posts traveler’s comments and scores their hotel experiences based on service attributes. Hotel managers receive real-time alerts advising when pending guest reviews pop up, eliminating delays in addressing concerns and turning potential problems into new opportunities.

in the article, DeLollis reports that Starwood, Marriott and four Seasons already have their own customer review-posting portals, and Hilton, IHG (InterContinental Hotels Group) and Radisson are in the processes of evaluating or launching programs later this year. IHG Marketing Vice President Michael Menis was referenced as saying . . . “reviews are important because they play ‘an important role in helping a customer make their ultimate booking decision.’” Likewise, Hilton Senior VP of Global Online Services Chuck Sullivan, was quoted as saying: “Consumer reviews are a very positive thing. they help provide customers with a real understanding of a property. we believe that direct channels — specifically, our Web brand hotel pages — have to be seen by the guest as the ultimate source of truth.” 

Truth in Advertising

with so many brands either leaning towards a proprietary web-based guest review program, or already implementing one, Vallauri said consumers will soon expect it to be a standard part of every hotel’s website. Lodging Interactive’s Guest Review system is leveling the playing field for independent hotels by giving them a tool that is quick to implement today and enables them to compete with the big boys while also enhancing their web strategy. 

“Recent studies confirm that more than 60 percent of online shoppers and travel planners visit and seriously consider peer-written reviews prior to making their online purchase,” Vallauri said. “Being able to monitor what people are saying about their individual property 24/7 is important, but enabling guest reviews to reside on your website gives hoteliers the opportunity to respond in real time to posted reviews — good or bad — thereby keeping potential problems in check.

 ”Through the Lodging interactive Guest Review system, any independent hotel that wants to validate and respond to reviews today can do so on their own website, and with no capital investment,” he said. “Our Guest Review system makes it easy for travelers to share their reviews on Facebook with their network of friends. It’s a tool that independent hoteliers need for their properties, but without the cost of development.”

 

About Lodging Interactive Lodging Interactive, headquartered in Parsippany, NJ, is an award winning leading provider of Internet Marketing Services to the hospitality, spa and restaurant industries. the company provides a portfolio of effective hotel Internet marketing services to hundreds of hotels, resorts, ownership properties, spas and restaurants. Clients include branded hotels from nearly every major brand as well as prestigious, landmark independent hotels.

Through its CoMMingle Social Media Marketing Agency operating division, the Company offers hospitality focused and fully managed outsourced hotel social media marketing customized solutions.

Lodging Interactive is an award winning interactive marketing agency and has been recognized as a leader by the International Academy of Visual Arts, Interactive Media Awards, Web Marketing Association and Travel Weekly’s Magellan Awards.

Lodging Interactive is a proud supporter of the Hotel Sales & Marketing Association International (HSMAI) and a proud member of the Asian American Hotel Owners Assn. (AAHOA). For more information contact Richard Walsh, Vice President of Business Development at sales@lodginginteractive.com or at 877-291-4411. the company’s website is located at www.LodgingInteractive.comLogos, product and company names mentioned are the property of their respective owners.

<a href="http://www.hotelnewsresource.com/article60949Online_Guest_Reviews_Gaining_Momentum.htmltag:news.google.com,2005:cluster=http://www.hotelnewsresource.com/article60949Online_Guest_Reviews_Gaining_Momentum.htmlTue, 31 Jan 2012 13:57:23 GMT”>Online Guest Reviews Gaining Momentum