Showing posts with label michael silverman. Show all posts
Showing posts with label michael silverman. Show all posts

Wednesday, November 3, 2010

Israeli Dancing with the Stars makes a gay statement


IN IDENTICAL net costumes and with matching blonde tresses, a television presenter and a professional dancer entered Israel'sDancing with the Stars to become the first same-sex couple to perform in the global television dance phenomenon.
Gili Shem Tov, an openly gay anchor on one of Israel's main channels, made a female partner a condition of competing in the show.
''This is my way of life and this is my agenda, and I wanted to express it,'' she said.
Gili Shem Tov and Dorit Milman dance during a dress rehearsal for the Israeli version of Dancing with the Stars.
Gili Shem Tov and Dorit Milman dance during a dress rehearsal for the Israeli version of Dancing with the Stars.Photo: Reuters
''If even just a few people become more tolerant and open-minded as a result, then I have achieved something.''
Shem Tov, who lives with her partner and their son, said most reaction had been positive, although a few people had said a program watched by children should not show two women dancing together.
''I don't understand that,'' she said. ''I have a child myself.''
Her partner, she said, was proud and excited ''and said I have a lot of courage''.
Her dance partner, Dorit Milman, was enthusiastic about the debut. ''Everyone knows that Israel has a lot of extremes,'' she said.
''When we go on primetime TV as a couple, we're showing everyone can love everyone.''
Milman, who is heterosexual, said the pair had to ''change the rules'' to make their dance routine work.
She said: ''In a 'normal' couple, the man must show his masculinity and the female is very sensual.''
The program's makers consulted the BBC, the owners of the format, on whether there had been a same-sex couple competing in any of the 36 countries where versions of the show have been broadcast.
''They said we would be the first,'' said the executive producer, Assaf Gil.
Israel has a thriving gay scene, based mostly in the liberal, secular and cosmopolitan city of Tel Aviv.

Stained By Ali.G

No respeck ... Sacha Baron Cohen as Ali G.
No respect... Sacha Baron Cohen as Ali G.
Staines wants the world to know it's no blot on the landscape.
Sandwiched between Heathrow Airport, a cluster of reservoirs and a bleak industrial park, some in this London commuter town feel Staines has received some bad press - and needs a change of name to change its fortunes.
Middle-class Staines might have wallowed in happy obscurity had it not been picked by British comedian Sacha Baron Cohen as the home of Ali G, his tracksuit-wearing wannabe gangsta who specialised in hip-hop-inflected malapropisms.
The commuter town of Staines can't shake it's Ali G 'wasteland' reputation.
Tainted ... Staines can't shake it's Ali G 'wasteland' reputation. Photo: AP
Ali G's adventures cast the town of 45,000 as an urban wasteland whose main attractions include a traffic circle and the local KFC. The town initially welcomed Baron Cohen's fame, but the negative connotations lingered even as the comedian moved on to other projects.

"Ali G did us a favour and put Staines on the map," Tribick told The Associated Press. "The trouble is, no one knows where on the map it is."
Tribick argued for changing the name to Staines-on-Thames or Staines-upon-Thames, which would highlight the area's proximity to the River Thames, the lifeline that also cuts through London. It might even boost business and tourism in time for the 2012 Olympics, he says.

Some critics say the proposed rebranding would be prohibitively expensive and point out that the proposed name - Staines-upon-Thames - might draw the same kind of ridicule. If the new name were to be approved, maps, street signs and a whole host of other documents would have to be changed.

Anne Damerell of the Staines Town Society called the idea "pretentious nonsense."

The name change request has to go through a series of hoops - ultimately needing council approval before it goes through.

Although the city sounds like something red wine might leave on a white tablecloth, by some measures Staines doesn't have it so bad.

Britain is peppered with embarrassing place names - from Slack Bottom near the northern England city of Burnley to Lickers Lane outside of Liverpool. Many are far worse.

Ed Hurst, co-author of "Rude UK" - a compendium of snicker-inducing place names - said residents of places like Shitterton in southern England and Butt Hole Lane in northern England have also tried to change their names. 

House price growth hits a wall



Chris Zappone


Australia’s house price growth slowed to a crawl in the three months to September, amid higher interest rates and worsening affordability.
The weighted average of eight capital cities rose just 0.1 per cent in the third quarter, following a downwardly revised 2 per cent increase in the second quarter, the weakest since the March 2009 quarter.
Home prices rose 11.5 per cent in the year to September, slowing from a downwardly revised 16.3 n 18.4 per cent jump in the year to June, the Australia Bureau of Statistics said today.
Analysts had predicted no change to the quarterly prices and a 13.4 per cent rise in the annual figure.
Shortage keeps prices up

“It suggests the housing market has come off the boil,” said St George chief economist Justin Smirk. “House prices are tracking sideways and perhaps softening a little bit.

“House prices really haven’t gone anywhere, affordability is stretched and if that was the only issue, house prices would probably fall right now,” said Mr Smirk.
But the shortage of supply balanced against the weaker outlook for housing was holding prices steady, he said.
Mr Smirk noted that ABS data tended to lag the private measures such as RP Data, he said.
Revisions under fire
But Westpac senior economist Matthew Hassan said he was surprised by the scale of the revisions, saying it cast doubts about the quality of the measure.

Initially the ABS had reported a 3.1 per cent increase for the June quarter and an 18.4 per cent annual increase.

“This is one the key metrics overseas commentators have drawn on to point to overheating in the Australian housing market,” he said. “When you see the scale of these revisions, you do wonder if the data is helping in the debate or adding to the confusion.”

Mr Hassan’s comments come days after the International Monetary Fund warned that Australia’s house prices might be overvalued. Jeremy Grantham of US investment fund GMO last week also reiterated his view that the local house prices were in the grip of an asset price bubble.
Reduced offshore demand

ANZ chief property economist Paul Braddick said ABS figures on capital city home prices have overstated both falls and rises in home values in the past four years.

“First-home buyer activity has returned to ‘normal’ levels and the retightening of Foreign Investment Review Board rules and the strong Australian dollar have reduced offshore demand,” he said.

FIRB rules were temporarily loosened during the financial crisis, helping to drive up demand for local homes by overseas investors, and then were subsequently tightened before the federal elections this year.

Nonetheless, Mr Braddick said rising interest rates have seen housing affordability weaken. ANZ estimates an underlying demand of 180,000 houses but predicts only 150,000 will be built.

“Further rate hikes in 2010-11 will hurt affordability and maintain a cap on prices,” Mr Braddick said.

Rates tipped to stay on hold

Analysts are divided on whether the Reserve Bank will lift interest rates tomorrow, although the market is currently pricing in a one-in-four chance.

The Reserve Bank meets tomorrow to decide whether to lift interest rates from the 4.5 per cent level they have been since May. The market currently rates a 22 per cent chance of a rate rise tomorrow.

The run-up in house prices has eroded housing affordability in recent years, making the goal of homeownership more remote for many younger Australians, analysts say.
The median city home price stands at $455,000, according to RP Data-Rismark.
Prices rise in Melbourne

House prices rose 2.7 per cent in the quarter in Melbourne, the slowest growth on the past 18 months, while they fell 0.9 per cent in Sydney, the first decline since the March quarter 2009.

For the year, they jumped 18.8 per cent in Melbourne, while posting a more modest 11 per cent gain in Sydney in the same period.

House prices rose 0.4 per cent in Perth and 0.3 per cent in Darwin in the quarter.

However, Brisbane house prices fell 2.1 per cent, while in Adelaide they slumped 1.4 per cent, a fall matched in Hobart. In Canberra, house prices slid 0.4 per cent, the ABS said.

Interest Rate Rise - Media Inflated Rates

Melbourne- November 2nd 2010: The Reserve Bank of Australia lifted interest rates by .25 basis points. It was always a matter of when the Reserve Bank raised official rates, not if it would raise them. In fact, the bank probably would have raised them last month – the minutes described the cases for and against an October rise as "finely balanced" – had it not been for the game of "chicken" the RBA was playing with the major banks.

So begins the hoopla - Australian media has once again jumped on the Bash-a-Bank band wagon, with little or no explanation, media sensationalism has taken a familiar route - Talking up Bank CEO salaries, calling on polies to legislate against exaggerated bank rate increases and on and on . . . 

Last we looked the CBA, Westpac, NAB and ANZ were listed business' ? In any other industry profits in the of $5+ billion would be smiled upon. The days of Mortgagees being battlers are far gone, the majority of Home owners view they're holdings as a form of income, an investment - WELCOME TO THE WORLD OF BUSINESS - of  course the other end of this is that for the past three years low mortgage rates have been subsidised by higher credit card and small business loans, would be nice to say these rates lowering a little?


The decision to move by 25 basis points today, of course, invited that same outcome of a rise in lending rates beyond the official increase and Commonwealth Bank was quick to accept the invitation. That the RBA moved despite the risk that has now been realised suggested that either it believed the banks would be cowed into passing on only the change in official rates by the relentless bashing they have had in recent weeks from Joe Hockey and others, or that it came to the conclusion that it couldn't sit on its hands any longer regardless of what the banks might do.
The statement from RBA governor Glenn Stevens that announced the rate change was relatively sanguine about the state of the global economy and markets but noted the prospect for some further strengthening in the domestic labour market and some growth in wages, with further increases likely over the next year.
It is almost inevitable that the combination of an economy running up against its capacity limits and the income shock created by the terms of trade will create significant inflationary pressures. That’s why the market anticipates further official rate hikes throughout next year, with some expectations of at least another 100 basis points to come over the next 12 months.



The Banks have made it very clear in the past month that they are anxious to protect interest margins that are being eroded by the continuing rise in their average funding costs as cheap pre-crisis funding is refinanced with more expensive post-crisis funding. The rise in their average cost of funds will, as CBA noted, probably continue well into next year as their remaining five-year money matures.
Had the RBA lifted rates in October it was near-certain that the majors would have added 15 or 20 basis points of their own. When it left rates unchanged the banks considered an out-of-cycle increase but were fearful of the backlash from their customers and the community, particularly if there were subsequent movements in official rates. They preferred to wait for the cover of an official increase. Now they've got it, the only question is how much they move.
With Senate inquiries into the industry, Joe Hockey’s nine-point plan, Wayne Swan’s usual threatening noises, proposed "anti-signalling" legislation to stop them talking about margin pressures and a general clamour for something to be done about the oligopoly that has emerged from the financial crisis, the banks will be wary about the backlash they might face if they move beyond the RBA.
With returns on equity in the low teens, the impetus of improving asset quality waning, relatively modest volume growth in business and household credit and a raft of tougher and more costly prudential regulation coming towards them, however, the temptation to take the opportunity the RBA has provided to restore margins would be acute. CBA succumbed to it immediately.

Monday, November 1, 2010

Rudd Held Fake Budget Meetings



When he was prime minister, Kevin Rudd and his senior ministers held fake pre-budget meetings as a precaution against the possibility of plans being leaked by Lindsay Tanner.
The Sydney Morning Herald reports some meetings with the then-finance minister would deliberately be light on detail because others in the so called "gang of four" were so suspicious of him.
After the meeting ended, the Strategic Priorities and Budget Committee's other three members - Mr Rudd, Julia Gillard and Wayne Swan - would reconvene and discuss their plans in detail.
Departmental sources said the tactic was motivated by a suspicion internally that Mr Tanner was behind the leaking of budget stories early in the first term of the Rudd government.
But there has been no evidence Mr Tanner ever leaked anything, the Herald reported on Tuesday.
Mr Tanner retired from politics at the last election.

More Backward Steps From Joe Hockey

Hockey's plan is 'anti-reform':Mike Smith
ANZ Banking Group Ltd chief Mike Smith says shadow treasurer Joe Hockey is "anti-reform", labelling his effort to impose restrictions on banks' mortgage interest rates as a return to pre-1980s regulation of the sector.
Speaking on the ABC's Inside Business program, Mr Smith said Australia's economic growth was at stake in Mr Hockey's nine-point plan to increase banking competition and restrict home loan interest rate rises.
"The success of the Australian economy over the last 20 years really is a credit to the reform agenda that has been driven by successive governments, both Labor and Liberal, and we must keep that going because that is critical for the future growth of Australia," he said.
Mr Smith said the broader economy needed continuous reforms to make it more open and market-based.
Mr Hockey last week called for a "full-scale review" of Australia's banking sector, saying the big four lenders were increasingly moving to lift their interest rates far above the Reserve Bank of Australia's official cash rate.
His call was supported by the Greens and is set to be the subject of a Senate inquiry.
Mr Smith said on Thursday - when unveiling a $5.1 billion cash profit - that Mr Hockey's proposals would have a "massive economic impact in the country, and to the average Australian."

Disruptor In The Valley



Paul Graham's Y Combinator has stormed Silicon Valley and pioneered a better way to build a company.



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Justin Kan and Emmett Shear watched their first startup, an online calendar called Kiko, implode when Google decided to do the same thing in 2006. They sold Kiko's scraps on eBay for $258,000 and wondered what to do with their lives. So the pair did the only thing they could think of: They went to see Paul Graham at his house in Cambridge, Mass., near Harvard Square. Graham sat them down and helped bang out a plan to create Justin.tv, now the Web's biggest portal for live video, with 31 million users a month and staked with $7.2 million of venture capital.
Justin.tv is hardly the first, nor the last, company Graham has sent sprinting. Graham is the father of Y Combinator, a startup-rearing juggernaut that's part incubator, part drill sergeant and part liaison to the investor class. Y Combinator--a computer term for a program that runs other programs--has fired up 200 companies since 2005, jarred the balance of power between entrepreneurs and Silicon Valley's elite money, and chiseled a new paradigm for launching technology companies. Graham's formula: Get up and running (bugs and all), gather feedback, tweak and grow.
YC's three-month boot camp for startups, run twice a year in Mountain View, Calif., attracts 1,000 applicants for roughly 40 spots. Graduates are expected to emerge with a working product, customers and revenue. They also get a crack at pitching their ideas to investors on Demo Day, an event that lures venture capital's Sand Hill Road crowd and every prominent angel investor in the Valley.
YC puts up $11,000, plus $3,000 per founder, for each company in return for a piece of pure equity of around 5%. That equity could be worth real money should the companies take off. A high price for founders, perhaps, until you see scores of venture capitalists and angel investors jousting to pay handsome premiums for companies bearing the YC stamp. Of the 36 startups in YC's recent class, ended in August, 30 have raised fresh capital, many of them over $1 million.
"We didn't mean to invent this new model," says Graham, who at 45 has sandy hair and a youthful earnestness. "It all happened by accident."
The accident was a summer program Graham started in 2005 for college students who were tinkering with business ideas. Instead of working a boring internship at a big company, Graham's pitch went, win $5,000 to work on your startup in Cambridge with guidance from Graham and his friend, MIT professor Robert Morris--two guys who launched Viaweb, a maker of software that built storefronts online, and sold it to Yahoo for $50 million in 1998.
"It was supposed to be a throwaway project for these students," recalls Graham. "By the end of the summer we were like,"'Whoa, we've got something here!'"
Graham received 400 applications for the summer program. Of the 8 he accepted, 4 had blossomed into serious ventures by the end of the summer: Loopt, a social-mapping service, now with 4 million users; Reddit, a user-aggregated news site acquired by Condé Nast in 2006; TextPayMe, a mobile payment service bought by Amazon in 2006; and Kiko, thwarted by Google.
Y Combinator's influence in Silicon Valley has burgeoned ever since. Some refer to its growing network of graduates as the YC mafia. They protect their own, collaborate and, to a person, regard Graham as their sensei. Some go on to be investors and mentors in their own right.
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Friday, October 8, 2010

STOP SPITTING!



ALBANY - NY: It's a no brainer, Sex Makes You Smile, science and it's never ending need to prove the obvious has come up with some twists that just might make you smile even harder. According to researchers at the State University of New York at Albany "Women who are directly exposed to semen are less depressed than those who are not" the ingestion of semen could reduce stress and lower depression. Possibly due to the presence of sugar-based enzymes, such as fructose and inositol, or metabolism catalyzers, like citric acid or vitamin B12, semen intake appears to serve as a natural mood stabilizer. Another study, conducted at Yale University, found that women who swallow semen while performing oral sex are at a lower risk for developing preeclampsia, a pregnancy-related, high-blood pressure disorder. Semen contains selenium, a powerful antioxidant, possibly a contributor to the Allover Afterglow of sex?

The study, conducted by Psychology Professor Gordon Gallup, found that females who were not using condoms for sexual intercourse were less depressed than females who did use condoms, possibly because when absorbed through the vagina, semen may have an effect on mood in women.

Nearly 300 females filled out anonymous questionnaires designed to measure various aspects of their sexual behavior, including frequency of sexual intercourse, the number of days since their last sexual encounter and whether or not they used condoms. Each respondent was also asked to complete the Beck Depression Inventory (BDI), a widely used measure of individual differences in depressive symptoms. According to Gallup, "females who engaged in sexual intercourse but never used condoms exhibited significantly lower scores on the BDI than those who usually or always used condoms."

Gallup's control variables included: method of contraception, frequency of sexual intercourse, as well as the women's perception of their relationship. He concedes that women who regularly have sex without condoms might share personality traits that make them less susceptible to depression. But the behavior most often associated with non-condom users is sexual risk-taking, and studies have found no correlation between high-risk sexual behavior and lower rates of depression.

Gallup's study, which he deems "the first serious attempt to investigate the effect of semen chemistry on women," titillated the public and rankled some academics upon publication in Archives of Sexual Behavior. Gallup says he has since replicated the findings with a sample of 700 women and will examine whether "semen withdrawal" places women at an increased risk for depression when they are premenstrual, menopausal or have just given birth, as many women abstain from sex during these periods.

Researchers explored other explanations for the varying BDI scores, such as frequency of intercourse, use of oral contraceptives and whether or not the female was in a relationship. The study indicates condom use accounted for more variance in depression than any of the other predictors.

While the study raises many questions, it shows that the consistency of condom use is directly related to the level of depressive symptoms among sexually active females. "Regardless of the findings, this study does not advocate that people abstain from using condoms," said Professor Gallup. "Protecting yourself from an unwanted pregnancy or a sexually transmitted disease is far more important."

Semen contains hormones including testosterone, estrogen, prolactin, luteinizing hormone and prostaglandins, and some of these are absorbed through the walls of the vagina and are known to elevate mood.

There is of course a dark side to all this, Gallup also found that women who routinely had sex without a condom became increasingly depressed as more time elapsed since their last sexual encounter, there was no such correlation for women whose partners regularly used condoms. Women who had sex without a condom were most likely to initiate sex and to seek out new partners. "These women are more vulnerable to the rebound effect, which suggests that there is a chemical dependency," says Gallup.

Further evidence

Gallup has undertaken an extended study on more than 700 women has backed up these findings. He added that "other factors such as how often the women had sex, the strength of their relationships, their personalities or the use of oral contraceptives did not affect the overall conclusions."

Gallup said "these findings may also apply to women who engage in unprotected oral sex and people who engage in anal sex. But he said further research was needed in these areas"

But Gallup, whose study has been published in the journal Archives of Sexual Behaviour, urged couples to continue to practise safe sex. "I want to make it clear that we are not advocating that people abstain from using condoms," he said.

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