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Monday, August 19, 2013

Platform for a 21st Century Hickory - an Agenda on Health and Wellness

4) an Agenda on Health and Wellness...  The Gallup-Healthway study is a prime example of a valid scientific study that casts a negative light on Hickory. How do we address what this study finds? Dr. Jody Inglefield admits that he doesn't have all of the answers, buts says that is why we need local health professionals to weigh in, but what does stand out is the negative issues this community faces involving health.

31.2% of the people in this community are defined as Obese and this does not include those who are overweight. A recent Gallup survey, related to the Well-Being index, from July 22 of this year shows that the Heart Attack Rates Double in Low-Wellbeing Metro Areas - Average of 5.5% in metros with lowest wellbeing have had heart attack. The Hickory Metro is ranked as the 5th lowest Metro area in the country in relation to Gallup's Well-Being study. In the survey on Obesity, we are the 19th most obese metropolitan area in the nation with 31.2% of the residents of this area defined as obese. Our community is the lowest ranked metro in North Carolina when it comes to obesity and also physical activity.

We need an Agenda on Health and Wellness. "Wellness Well Crafted" would encourage, not mandate, healthy lifestyles. We do this by creating programming and opportunities to exercise, eat right, create personal health goals, and preventative care that are user friendly and can be maintained through the various stages of life.

We talk about people having a negative outlook in the community. Healthy people tend to have better mental attitudes. That is a fact. When you take away opportunities for people to be active and lead healthy lifestyles and turn a blind eye towards people leading unhealthy lifestyles, then it leads to what we have here in Hickory. Parks, Greenways, and recreation programming need to become a key component of this wellness agenda.

According to an article from the Live Science Website entitled The Skinniest and Fattest US Cities Revealed - Jeanna Bryner, LiveScience Managing Editor - March 07, 2012
Supporting an abundance of research linking obesity with a long list of health ailments, those living in the 10 most obese areas were much more likely, compared with the skinniest cities, to report chronic diseases, including diabetes, high blood pressure, high cholesterol and depression, at some point in their lives. For instance, compared with people living in the lowest-obesity cities, residents of the most obese areas were 70 percent more likely to report diabetes, 58 percent more likely to have had a heart attack, 30 percent more likely to report a diagnosis of depression, and 23 percent more likely to report high cholesterol, Gallup noted. [Infographic: Diabetes & Obesity in US]

Obesity not only plagues the individual, it can also drain Americans' wallets, with the National Institutes of Health estimating the average incremental health-care cost for an obese person is $1,429 every year. With that number, Gallup estimates that in the 10 metro areas with the highest obesity rates, Americans cumulatively pay about $1 billion more in annual health-care costs than if those states had obesity rates of 15 percent.

For example, the McAllen-Edinburg-Mission metro area pays more than $400 million in unnecessary health-care costs each year because of its high obesity rate. If it reduced the obesity rate to 15 percent, the area could potentially save more than $250 million annually, Gallup estimates.
We are paying a price for not seriously investing in the community's health. You can read the above and see that serious investment in fitness pays for itself many times over. And yet, over the past decade we have seen recreational and fitness facilities/opportunities reduced and destructed. Exercise and Recreation should be more than afterthoughts in a city budget.

There are direct links that show that Health Disparities Across Incomes Are Wide-Ranging (Gallup - October 18, 2010); comparing those making less than $24,000 per year versus those with more income. Those in the lower income strata have greater chances of obesity, diabetes, high blood pressure, high cholesterol, heart attack, asthma, cancer, depression...

Those with more wealth do not seem to understand that the overall physical health of the community, as a whole, affects the economic health of the community and thus their own  individual personal well-being.  These are investments well worth making.

Sunday, August 18, 2013

Economic Stories of Relevance in Today's World -- August 18, 2013

Ron Paul "The Drug Companies And Insurance Companies Are The Ones Who Write These Laws!"




Ron Paul Dismantles Corporate Boondoggle Known as Obamacare - Brainchild of the insurance and pharmaceutical industries - Infowars.com - August 16, 2013 - Back in 2009, when Obamacare first began coagulating in the halls of government, Bill Moyers described Fowler as follows: “She used to work for WellPoint, the largest health insurer in the country. She was Vice President of Public Policy. And now she’s working for the very committee with the most power to give her old company and the entire industry exactly what they want: higher profits, and no competition from alternative non-profit coverage that could lower costs and premiums.”                     “Competition is a sin,” quipped John D. Rockefeller, a maxim as relevant to corporate mammoths like Wellpoint – the largest managed health care, for-profit company in the Blue Cross and Blue Shield Association – as it was in Rockefeller’s day.                Senator Max Baucus and his aide, Elizabeth Fowler.                     The so-called public option, the idea that the government will create its own health insurance agency to compete with corporate leviathans, was never a serious consideration and was indeed anathema. It was a ploy crafted to trick persistently gullible Democrats into supporting yet another corporate swindle, this time enforced by the most violent and ruthless player on the block, the federal government.                      After Obamacare was rammed through Congress, Baucus, one of the biggest recipients in Congress of campaign cash from the healthcare industry, boasted about the architect of the legislation, Liz Fowler.                      “I want to single out one person,” Baucus said, “Liz Fowler is my chief health counsel. Liz Fowler has put my health care team together… She put together the White Paper last November 2008, [the] 87-page document which became the basis, the foundation, the blueprint from which almost all health care measures in all bills on both sides of the aisle came. She is an amazing person. She is a lawyer; she is a Ph.D. She is just so decent. She is always smiling, she is always working, always available to help any Senator, any staff. I just thank Liz from the bottom of my heart.”                     Finally, Baucus admitted earlier this year that Obamacare will result in a train wreck. Not because it is a corporate boondoggle enforced at gunpoint, but because, thanks to opponents of the legislation (which Baucus never bothered to read) and widespread criticism, primarily in the alternative media, millions of Americans oppose the scheme.                         “The American public is left to ponder if this would be happening if Senator Baucus didn’t consider reading the bill he was adamantly advocating as a waste of time,” writes Shoshana Weissmann.                         In fact, it wouldn’t have made a lick of difference because Baucus, and the rest of Congress, are in the pocket of the bankers and corporations. They are grocery clerks for the corporate state, that is to say the fascist state, as Mussolini characterized all such arrangements.


Obama's Economic Approval Slips to 35% - Was 42% in June; decline mirrors drop in overall approval - Gallup - by Lydia Saad - August 15, 2013 -



A Blunder at the Money Factory - The New Yorker - David Wolman - August 13, 2013 -
For the past few years, the Federal Reserve has been preparing to introduce a redesigned hundred-dollar bill into circulation. It will have a Liberty Bell that changes color, a new hidden message on Ben Franklin’s collar, and tiny 3-D images that move when you tilt the bill this way or that. But delay has followed delay. And now again: The New Yorker has learned that another production snafu has taken place at one of the country’s two currency factories, according to a document from the Bureau of Engraving and Printing.                    The cause of the latest blunder is something known as “mashing,” according to Darlene Anderson, a spokeswoman for the bureau. When too much ink is applied to the paper, the lines of the artwork aren’t as crisp as they should be, like when a kid tries to carefully color inside the lines—using watercolors and a fat paintbrush.                     Anderson said this happens “infrequently.” Still, this foul-up is only the latest embarrassment for the bureau. The redesigned hundred-dollar bill was meant to be released in early 2011, but has been delayed for the past two years because of a massive printing error, separate from the recent mashing problem, in which some notes were left with a blank spot.                     This time, recent batches of cash from the Washington, D.C., plant contained “clearly unacceptable” bills intermixed with passable ones, according to a July memo to employees from Larry Felix, the bureau’s director. So the Fed is returning more than thirty million hundred-dollar notes and demanding its money back, Felix wrote. Another thirty billion dollars’ worth of paper sits in limbo awaiting examination, and Fed officials have informed the bureau that they will not accept any hundred-dollar notes made at the Washington, D.C., facility until further notice.                            Felix’s letter says internal quality-control measures should have prevented the bureau “from delivering defective work,” and that those responsible would be held accountable. The bureau now has to race to meet an October 8th deadline for delivering the year’s cash orders and to finally get the new hundred-dollar bill into circulation as promised. To that end, Felix has ordered the country’s other money factory, in Fort Worth, Texas, to accelerate its efforts. “There are dire consequences involved here because BEP sells Federal Reserve notes to the Board to finance our entire operation,” he wrote in the memo. “If the BEP does not meet the order, the BEP does not get paid.”                          The financial toll from the recent bungle is tough to know: the Treasury and the Fed have little interest in calculating it, let alone being transparent about it. Still, the direct cost probably isn’t greater than the sum of what the bureau pumps out in a few days. “Central banks are a bit like other businesses,” said Ben Mazzotta, a researcher at the Fletcher School’s Institute for Business in the Global Context who focusses on the costs of different forms of money. “They can draw down inventories or order additional product.”                       There are other costs, though. Taxpayers will have to pay to inspect, correct, produce, transport, and secure all the additional money that will replace the botched notes. Disposing of the bad bills? That’s on taxpayers, too, as are the additional hours spent making up for the mistake by employees of the bureau....


Fukushima apocalypse: Years of ‘duct tape fixes’ could result in ‘millions of deaths’- RT - August 17, 2013 - Even the tiniest mistake during an operation to extract over 1,300 fuel rods at the crippled Fukushima nuclear power plant in Japan could lead to a series of cascading failures with an apocalyptic outcome, fallout researcher Christina Consolo told RT.                         Fukushima operator TEPCO wants to extract 400 tons worth of spent fuel rods stored in a pool at the plant’s damaged Reactor No. 4. The removal would have to be done manually from the top store of the damaged building in the radiation-contaminated environment.                      In the worst-case scenario, a mishandled rod may go critical, resulting in an above-ground meltdown releasing radioactive fallout with no way to stop it, said Consolo, who is the founder and host of Nuked Radio. But leaving the things as they are is not an option, because statistical risk of a similarly bad outcome increases every day, she said.                        RT: How serious is the fuel rod situation compared to the danger of contaminated water build-up which we already know about?                   Christina Consolo: Although fuel rod removal happens on a daily basis at the 430+ nuclear sites around the world, it is a very delicate procedure even under the best of circumstances. What makes fuel removal at Fukushima so dangerous and complex is that it will be attempted on a fuel pool whose integrity has been severely compromised. However, it must be attempted as Reactor 4 has the most significant problems structurally, and this pool is on the top floor of the building.                     There are numerous other reasons that this will be a dangerous undertaking.


Fukushima's Radioactive Water Leak: What You Should Know - National Geographic - Patrick J. Kiger - August 7, 2013 - Tensions are rising in Japan over radioactive water leaking into the Pacific Ocean from Japan's crippled Fukushima Daiichi nuclear plant, a breach that has defied the plant operator's effort to gain control.                          Prime Minister Shinzo Abe on Wednesday called the matter “an urgent issue” and ordered the government to step in and help in the clean-up, following an admission by Tokyo Electric Power Company that water is seeping past an underground barrier it attempted to create in the soil. The head of a Nuclear Regulatory Authority task force told Reuters the situation was an "emergency." (See Pictures: The Nuclear Cleanup Struggle at Fukushima.”)                             It marked a significant escalation in pressure for TEPCO, which has come under severe criticism since what many view as its belated acknowledgement July 22 that contaminated water has been leaking for some time. The government now says it is clear that 300 tons (71,895 gallons/272,152 liters) are pouring into the sea each day, enough to fill an Olympic-size swimming pool every eight days.  (See related, “One Year After Fukushima, Japan Faces Shortages of Energy, Trust.”) While Japan grapples with the problem, here are some answers to basic questions about the leaks:
Q: How long has contaminated water been leaking from the plant into the Pacific?
Shunichi Tanaka, head of Japan’s Nuclear Regulation Authority, has told reporters that it’s probably been happening since an earthquake and tsunami touched off the disaster in March 2011. (See related: "Photos: A Rare Look Inside Fukushima Daiichi.") According to a report by the French Institute for Radiological Protection and Nuclear Safety, that initial breakdown caused "the largest single contribution of radionuclides to the marine environment ever observed." Some of that early release actually was intentional, because TEPCO reportedly had to dump 3 million gallons of water contaminated with low levels of radiation into the Pacific to make room in its storage ponds for more heavily contaminated water that it needed to pump out of the damaged reactors so that it could try to get them under control.                           But even after the immediate crisis eased, scientists have continued to find radioactive contamination in the waters off the plant. Ken Buesseler, a senior scientist with the Woods Hole Oceanographic Institution who has analyzed thousands of samples of fish from the area, said he’s continued to find the high levels of cesium-134, a radioactive isotope that decays rapidly. That indicates it’s still being released. "It’s getting into the ocean, no doubt about it," he said. "The only news was that they finally admitted to this." (See related: "Photos: Japan's Reactors Before And After.")
Q: How much and what sort of radiation is leaking from the plant into the Pacific?

TEPCO said Monday that radiation levels in its groundwater observation hole on the east side of the turbine buildings had reached 310 becquerels per liter for cesium-134 and 650 becquerels per liter for cesium-137. That marked nearly a 15-fold increase from readings five days earlier, and exceeded Japan’s provisional emergency standard of 60 becquerels per liter for cesium radiation levels in drinking water. (Drinking water at 300 becquerels per liter would be approximately equivalent to one year’s exposure to natural background radiation, or 10 to 15 chest X-rays, according to the World Health Organization. And it is far in excess of WHO’s guideline advised maximum level of radioactivity in drinking water, 10 becquerels per liter.)  Readings fell somewhat on Tuesday. A similar spike and fall preceded TEPCO’s July admission that it was grappling with leakage of the radioactive water. (See related: "Would a New Nuclear Plant Fare Better than Fukushima?")...


The Middle Class Future


Saturday, August 17, 2013

Agenda about the City Council meeting of August 20, 2013

This Agenda is about the Hickory City Council meeting that will take place on the date listed above. City council meetings are held on the first and third Tuesdays of each Month in the Council Chambers of the Julian Whitener building.

At right of this page under Main Information links is an Hickory's City Website link. If you click on that link, it takes you to our city’s website, at the left of the page you will see the Agenda's and Minutes link you need to click. This will give you a choice of PDF files to upcoming and previous meetings.

You will find historic Agenda and Minutes links. Agendas show what is on the docket for the meeting of that date. The Minutes is an actual summary of the proceedings of the meeting of that date. You can also look in the upper right hand corner of the front page of the Hickory Hound and (will soon) find the link to the past history of Hickory City Newsletters.

Here is a summary of the agenda of the meeting. There were a couple of important items that were discussed at this meeting and the details are listed further below:

Please remember that pressing Ctrl and + will magnify the text and page and pressing Ctrl and - will make the text and page smaller. This will help the readability for those with smaller screens and/or eye difficulties.

City Website has changed - Here is a link to the City of Hickory Document Center

All materials and maps for this meeting are provide at this link:

Hickory City Council Agenda - August 20, 2013

Invocation by Rev. Bob Shoffner, Retired Lutheran Pastor

Special Presentations
A. Presentation of the Carolina Cycle Challenge
B. Business Well Crafted Award: Lenoir Rhyne University
C. Announcement of a Community Gift to the City


Persons Requesting to Be Heard

Consent Agenda:
A. Call for Public Hearing - For the Consideration of Voluntary Satellite Annexation of Property Located at 2633 Springs Road NE, Hickory, Containing 1.675 Acres (Authorize Public Hearing for September 3, 2013)

B. Transfer of Cemetery Deed from Robert T. Link and wife, Heather Dawn Link and Travis W. McLeod and wife, Sonya McLeod to Robert George Hadley and wife, Elaine Verbyla Hadley in Oakwood Cemetery

C. Approval to Declare as Surplus Vehicle Emergency Equipment and Donate to the Cooksville Volunteer Fire Department. - Hickory Police Department is removing four police vehicles from the vehicle fleet that have reached the end of useful life. The emergency equipment including light bars and sirens have been removed from these vehicles and are no longer of use to the department. Staff request approval to donate four light bars, four light bar control units, four siren box control units and four siren speaker units to the Cooksville Volunteer Fire Department which is a nonprofit  organization.  Public Notice advertised on August 14, 2013 in a newspaper having general circulation in the Hickory Area.

D. Request from Hickory Police Department to Award Police Badge and Service Weapon to Retiring Deputy Chief Clyde Deal. - By authority of NC General Statute §20-187.2, City Council may award the service weapon and police badge to retiring Deputy Chief Clyde Deal upon his retirement from Hickory Police Department on September 1, 2013 after completing 30 years of qualifying service with Hickory Police Department. Upon approval from City Council, the police badge and service weapon will be declared surplus and removed from the City’s fixed asset inventory.

E. Approval of a Resolution and Lease Agreement Between the City of Hickory and the State of North Carolina Forest Services for Hanger W2 Located on the West Ramp of the Hickory Regional Airport. - The North Carolina Forest Service desires to lease the entire hangar/office space of
Hangar W2 for a period of ten years with the mutual option to renew said lease for one additional five year term. The rate will be $6,416.67 per month for the first year, every year thereafter during the term of said lease the rate will increase $2,000 per year to include any five year renewal term. Public Notice advertised on August 10, 2013 in a newspaper having general circulation in the Hickory Area.


 Informational Items
A. Report of Mayor Wright’s Travel to attend a Meeting with the North Carolina League of Municipalities on August 5, 2013 (mileage - $195.49).

New Business - Public Hearings
1. Voluntary Satellite Annexation of Property Located at 1076 Fox Chase Drive containing .42 acres. - Crystal Kuhar has submitted a petition for the voluntary satellite annexation of .42 acres of property located in the Fox Chase Subdivision off Sandy Ford Road in Catawba County. The petitioner requested annexation in order to connect to the City of Hickory’s sanitary sewer system. The property currently serves as Ms. Kuhar’s primary residence. This public hearing was advertised on August 9, 2013 in a newspaper having general circulation in the Hickory area.

New Business - Departmental Reports:
1. Vacant Building Revitalization and Demolition Grant Agreement for ZLoop Knitting Mill, LLC. - The applicant ZLoop Knitting Mill, LLC, plans to spend $83,600 to demolish the former Walton Knitting Mill building located at 838 14th Street NE, Hickory. The grant program can reimburse up to $20,000 or 35 percent of eligible project costs, whichever is less for demolition projects. This project would be eligible for a grant in the amount of $20,000. After demolition the applicant will use the site as a parking lot for the adjacent development. The Business Development Committee reviewed the application and voted to recommend approval at their August 6th meeting.

2. Appointments to Boards and Commissions

Friday, August 16, 2013

Platform for a 21st Century Hickory - Learn from National Studies & Surveys

3) National Studies and Surveys - that rank us seriously low.  Expedite processes to study how they came to their conclusions and what we need to do to correct the circumstances; including contacting those who created and implemented the study to get their thoughts on what it would take to address the negative issues.  We need to look at improving every year, not regressing or responding to these scientific surveys.

Leadership in the community has constantly given individual anecdotal evidence to compare to studies that sample thousands of individuals weighted according to various demographics representing hundreds of communities across the United States. It is pure foolishness to believe that they are just picking on poor ole Hickory.

We look at institutions like Gallup, which has been doing Surveys around the world since 1935. US News and World Reports is a publication that has been around since 1933. Forbes, is a publication, which is a conservative business oriented magazine, that has been around since 1917. These are not fly by night operations.

You may not like Michael Milken, but The Milken Institute has been around since 1991. It's look at the Best Performing Economies in the United States is respected by many business professionals and economists. The Milken Institute's mission is "to improve the lives and economic conditions of diverse populations in the United States and around the world by helping business and public policy leaders identify and implement innovative ideas for creating broad-based prosperity."

Unfortunately the Hickory Metro area has consistently ranked in the bottom 10% of these surveys over the last decade. These are Business and Economic Activity related surveys. We are failing in Business and Economic Activity. Embracing these surveys means that we are taking a hard look at ourselves and seriously looking to solve the issues we face, not throwing something up and seeing if it will stick and cover up problems.

We must accept how we are being ranked in order address the realities and perceptions of the economy in the community.

Thursday, August 15, 2013

Platform for a 21st Century Hickory - Independent Boards and Commissions

2) Independent Boards and Commissions - to lend a non-partisan perspective to the intended purpose/mission of the group. We need policies related to Nepotism and adherence to guidelines of term limits so that members of boards and commissions are not actual proxies of City Council members. We should not see business partners of Council members serving under Council members on Boards, Commissions, and Task Forces where there can be even a perception of a conflict of interest.

Openings should be filled promptly without delays. Citizens who ask to be on Boards and Commissions should have the opportunity to serve, if not a fair hearing and appeal process should be available.

This is not a dreamed up concern about a non-existent or anticipated issue. We have seen too many situations where City Council members immediate family are serving on these Boards and Commissions. We have seen where  business partners have served on task forces that weighed issues that can affect the business partnership. We have seen where people have filled out paper work to participate on various Boards and Commissions and been ignored and never appointed to any position, much less a desired position.

Through the last several years, we have been told how hard it is to fill the seats on these various Boards and Commissions, but we know of people who have gone through the process and never been appointed. Time and time again the Mayor has reiterated that 200 people serve on various Boards and Ccommissions, which is .5% of the Hickory Population of 40,010 (Newsletter - City Council meeting - July 19, 2011). We have seen the same circle of people rotate on and off various Boards and Commissions, when there were term limits, and we have seen what appear to be Lifetime Appointments to Boards and Commissions where there are no defined term limits. Every Board and Commission should be term limited. We have seen positions continuously go unfilled, when we know there are people who have filled out paperwork to serve.

Why is all of this happening? Because the leaders of this community want to control the productivity, findings, and message of the Boards and Commissions to meet their personal desires. Certain people in the community who have done nothing more than express concerns have been labeled as "Trouble Makers". The "Powers That Be" do not seem to want the checks and balances that come with Independence and Critical Thought. Unfortunately for all of us, that is how the best ideas and processes that lead to success happen. At the end of the day, as we have seen, the City Council will have the final say any way. Why the problem with people who lend a fresh perspective or take a second look at issues that this community faces? Why do they feel it necessary to stack the deck?

Wednesday, August 14, 2013

Platform for a 21st Century Hickory - Term Limits


1) Term Limits - We need to break the cycle of having Mayors and City Council members that serve on the bench for a generation. Thank You for your service, but such a system lends itself to stagnation. We need inspiring leaders to inspire citizens. It is time for fresh new ideas. We need to encourage people to serve on the Council and then move on to seek other offices or other ways to participate in the political system and to turn over the reins to others to create more depth to the community's leadership and varied interests.

Tuesday, August 13, 2013

Economic Stories of Relevance in Today's World -- August 11, 2013

It's time to look out for the middle class!

Billionaire Issues Chilling Warning About Interest Rate Derivatives
- The Economic Collapse Blog - Michael Snyder - August 5th, 2013
- Will rapidly rising interest rates rip through the U.S. financial system like a giant lawnmower blade? Yes, the U.S. economy survived much higher interest rates in the past, but at that time there were not hundreds of trillions of dollars worth of interest rate derivatives hanging over our financial system like a Sword of Damocles. This is something that I have been talking about for quite some time, and now a Mexican billionaire has come forward with a similar warning. Hugo Salinas Price was the founder of the Elektra retail chain down in Mexico, and he is extremely concerned that rising interest rates could burst the derivatives bubble and cause "massive bankruptcies around the globe". Of course there are a whole lot of people out there that would be quite glad to see the "too big to fail" banks go bankrupt, but the truth is that if they go down our entire economy will go down with them. Our situation is similar to a patient with a very advanced stage of cancer. You can try to kill the cancer with drugs, but you will almost certainly kill the patient at the same time. Well, that is essentially what our relationship with the big banks is like. Our entire economic system is based on credit, and just like we saw back in 2008, if the big banks start failing credit freezes up and suddenly nobody can get any money for anything. When the next great credit crunch comes, every important number in our economy will rapidly start getting much worse.                       The big banks are going to play a starring role in the next financial crash just like they did in the last one. Only this next crash may be quite a bit worse. Just check out what billionaire Hugo Salinas Price told King World News recently...                Right now, there are about 441 trillion dollars of interest rate derivatives sitting out there.  If interest rates stay about where they are right now and they don't go much higher, we will be fine.  But if they start going much higher, all bets will be off and we could see financial carnage on a scale that we have never seen before.
                          And at the moment the big banks have got to behave themselves because the government is investigating allegations that they have been cheating pension funds and other investors out of millions of dollars by manipulating the trading of interest rate derivatives.  The following is from an article that the Telegraph posted on Friday...


Internet TVs may drive consumers to cut pay TV cord - USA Today - Mike Snider - August 8, 2013 - Most likely to cancel their pay-TV service? Owners of Internet-connected TVs.                  Those with TVs connected to the Net are twice as likely as those with non-Internet-connected TVs to be "highly inclined" to cancel their current pay-TV service, finds a new study from research firm The Diffusion Group.                    Overall, about 7% of pay-TV subscribers said they were highly likely to cancel their service in the next six months, the firm's survey of 1,878 pay-TV users conducted during the first quarter of 2013 found. But those who had connected their TVs to the Net had even higher rates of cord-cutting potential. Nearly 9% (8.8%) said they were highly likely to cut the cord, compared with 3.5% of those who had not connected their TV to the Net.                      Industry observers have expected that high-speed Internet connectivity and the availability of online video from services such as Netflix, Amazon Instant Video and Hulu would lead to consumers cutting or trimming pay-TV bills.                            Today there are many ways to get online video to the TV — game consoles, Blu-ray players, set-top boxes — and many TVs have Wi-Fi and apps on board. Net-connected TVs appear to be a significant factor that spurs cord cutting, says Michael Greeson, president of The Diffusion Group.                        "Something has happened in the minds of these consumers when they have been exposed to these online video services via these Net-connected TVs," he says. "They are more likely to cut the cord because of the availability of these other services."                          Overall, pay TV providers lost about 210,000 video subscribers in the second quarter of 2013, says Vijay Jayant of the International Strategy and Investment Group. Cable losses of about 420,000 and satellite TV losses of 160,000, were partially offset by 370,000 subscribers gained by telecom companies such as AT&T and Verizon.                              Pay-TV penetration peaked from 2006 to 2009 at about 82% of U.S. homes, according to                        PricewaterhouseCoopers. That's likely to fall to 79% in 2014, the consulting firm estimates.
TV providers have tried to hold onto subscribers by bundling TV, telephone and other services, as well as adding access to programming on tablets and smartphones.                            But the growth in Net TV and cost of programming — as evidenced by the ongoing dispute between CBS and Time Warner Cable — "is almost like a perfect storm" that's unraveling the traditional pay-TV providers' grip. "They are not going to be the only game in town, and they are losing their leverage," Greeson says.


Trading Economics - A look at Debt/GDP/Growth/Population Indices



Dr. Paul Craig Roberts - Former US Treasury Official, Co-Founder of Reaganomics, Economist & Acclaimed Author - Dr. Paul Craig Roberts is an American economist, a columnist and recent author of “The Failure Of Laissez Faire Capitalism”. He served as an Assistant Secretary of the Treasury in the Reagan Administration earning fame as a co-founder of Reaganomics. He is a former editor and columnist for the Wall Street Journal, Business Week, and Scripps Howard News Service. Dr. Roberts has testified before congressional committees on 30 occasions on issues of economic policy. He has also written extensively that during the 21st century the Bush and Obama administrations have destroyed the US Constitution's protections of Americans' civil liberties and has been a critic of both Democratic and Republican administrations.

King World News Interview - August 11, 2013




Gerald Celente - Founder & Director of the Trends Research Institute - Gerald has had a long track record of making some of the most controversial, yet correct calls in terms of global trends and events. In fact, many consider Gerald to be the top trends forecaster in the world. Gerald has been quoted and interviewed in media throughout the world such as, CNBC, Fox, CBS, ABC, NBC, BBC, Time Magazine, The New York Times, The Wall Street Journal, Business Week, Financial Times, U.S. News, World Report, The Economist, L.A. Times, Chicago Tribune, Washington Post, and more.

King World News Interview - August 10, 2013


Young People drowning in Student Loan Debt