Look closer at effect of Trump’s policies

first_imgCategories: Letters to the Editor, Opinion I would like to address a couple of the points about President Trump recently made in a Jan. 19 letter. It provided a list of things that are, indeed, all going quite well —the stock market, your 401K, the economy, GDP. I’m noticing that they are all on nearly the exact trajectory that they have been on for nine years now. Trump seems to have had no effect either bad or good. That’s only noteworthy if you didn’t know the facts. But it is noteworthy  to know that Trump did screw this up.“How about those corporations sharing their tax break with employees?” Good question. Wal-Mart gave out bonus checks “up to $1,000.” The actual average Wal-Mart employee bonus is $190. That gets them almost halfway to a new washing machine. That should get the economy going. The same day, Wal-Mart closed 63 Sam’s Clubs, driving (I’m guessing) 2,000 U.S. citizens out of work. As I understand the letter, we are crediting Trump/Wal-Mart for the $190 bonus checks but not for the 2,000 or so layoffs?At this time, 55 companies have announced one-time bonuses for employees. The total bonuses amount to 0.13 percent of the value of the tax cuts to corporate America over 10 years. So 99.9 percent of the tax cut is not being passed onto workers in the form of bonuses. Corporate America is generating good press for itself and President Trump, but the number is so small that it could be a rounding error.Judging from the rest of the letter, I’m thinking that the writer might think that the puny check amounts may have been caused by Obama and that Hillary is behind the Sam’s Club layoffs.Glenn GrayRotterdamMore from The Daily Gazette:EDITORIAL: Thruway tax unfair to working motoristsCar hits garage in Rotterdam Sunday morning; Garage, car burnEDITORIAL: Find a way to get family members into nursing homesEDITORIAL: Beware of voter intimidationRotterdam convenience store operator feels results of having Stewart’s as new neighborlast_img read more

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Expert questions legality of German industry-wide pension proposals

first_imgBut Schwintowski argues in his paper that the new proposal would nevertheless contravene German constitutional law, which grants companies the freedom to choose any form of occupational pension plan they choose.The legal expert, a former member of German supervisor BaFin’s insurance committee, for the most part supports arguments that have been made in the past by insurance industry representatives. In place of the government’s proposal, he calls for the promotion of already existing opt-out provisions in collective agreements between unions and employers.Schwintowski points out that, with opt-out contracts, being part of collective agreements, insurers and insurance-like vehicles acting in the capacity of pension providers will have to increase transparency on costs and fees.He also calls for the “personalisation” of occupational pension contracts, so employees might take their contracts to every company they work for, thereby “solving the portability problem once and for all”.Click here for an analysis of the latest changes to Germany’s pension system in the April edition of IPE magazine Legal expert Hans-Peter Schwintowski has labelled the German government’s stipulation that recently proposed sector-wide pension funds must be either Pensionskassen or Pensionsfonds as anti-competitive.In a paper on the government’s proposal for so-called ‘Dutch-style’ pension plans, dubbed §17b after the paragraph in the occupational pensions law that would cover them, the Berlin Humboldt University academic criticises plans to exclude, or make less attractive, other forms of corporate pension arrangements.Last month, trade unions and employer representatives rejected the government’s revised proposal on the new plans, but they expressed a willingness to continue negotiations on the issue.In a recent speech on occupational pensions, Jörg Asmussen, under-secretary for Germany’s Ministry of Labour and Social Affairs, confirmed that the government had postponed any decision on the issue until after the implementation of the Portability Directive and the finalisation of a tax survey. last_img read more

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Port Manager boasts of major improvements

first_img Tweet Sharing is caring! Share LocalNews Port Manager boasts of major improvements by: – May 25, 2011 42 Views   no discussionscenter_img Share Share General Manager of the Dominica Air and Sea Ports Authority Bennoit Bardouille says a number of developments have taken place at the islands ports of entry over the yearsHe says the refurbishment of the Melville Hall Airport is now providing passengers the opportunity to break the sunset barrier.“The ports play an integral role in the movement of persons both by sea and by air. Over the years what has happened is that in terms of the development of the ports, we had the Woodbridge bay port improved. We also had expansion of that port by 300 feet and at the same time we had improvements to the Portsmouth area,” he said.Meantime Director of Discover Dominica Authority Collin Piper says the improvements are evident in the structure which exists now.He says there has also been a great improvement in the services offered at the ports of entry.Dominica Vibes Newslast_img read more

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PM Skerrit worried about exportation of Dominica’s water

first_imgPrime Minister Roosevelt Skerrit.Prime Minister Roosevelt Skerrit says he is concerned that four years after granting a license to a company to export Dominica’s water, not one bottle of water has been exported out of the island.In 2009, the Dominica government granted a license to United States-based Company Sisserou Water Inc, to export water over a 10 year period.“We granted them a license for a particular river source in the Londonderry area. There we provide them with a wide range of concessions and the idea was that they would have extracted water from that river source. Now I have heard that they have moved away from that and they are now talking to DOAWSCO to see if they can get water from the existing government owned distribution point at the ports. This is a matter that has not been brought to my attention as the prime minister because that has to be approved by me,” he said.He said a shareholders meeting will be held with DOWASCO on Wednesday to discuss the matter.“The facility at DOWASCO is a very expensive one and we are spending in excess of 4 million dollars to build this tank at Morne Bruce to provide increased storage capacity for the people of Roseau and also for the cruise ships. We also spent close to three million dollars to put a filtration system at Antrim. We are talking about 7 million dollars just to improve the quality of water for residents of Roseau. So anyone who wants to take advantage of that source would need to provide us with a proper proposal. They also need to take into consideration whether it would make economic sense and what is in it for DOWASCO,” he added.He says Dominicans have failed to take advantage of its water resources which is to the benefit of the citizens.Dominica Vibes News Tweet Sharing is caring! 19 Views   no discussions Sharecenter_img Share LocalNews PM Skerrit worried about exportation of Dominica’s water by: – February 10, 2012 Sharelast_img read more

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Herbert Brothers hired to direct comedy movie

first_img(Image: Herbert Brothers Entertainment)BATESVILLE, Ind. – Herbert Brothers plan to take their talents to the big screen. The Batesville-based production company has been hired to direct their first movie.The film “In Between Days” is tabbed as a romantic comedy about a famous author going through a midlife crisis which takes him back to his hometown in Florida.A film producer contacted the family about the movie after working on a set in Indiana.“He met some of the local crew that we normally work with on projects. One of the [crew members] mentioned that it was a comedy and if they are looking for a director they should reach out to us, which they did,” said Joe Herbert, chief entertainment officer at Herbert Brothers.Filming is set to begin January in Florida.A camera crew followed the Batesville family around earlier this year for a reality show that has not yet aired. Joe says a premier date has not been set.last_img read more

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Top side leads LaCrosse to Outagamie victory lane

first_imgBy Edward Anschutz  Czarapata got the upper hand, taking the lead on lap five. Czarapata was dogged the remainder of the event by Eric Arneson, who just couldn’t find the grip needed to make the pass.  An opening lap crash in the IMCA Sunoco Stock Car feature saw point leader Josh Mroczkowski head pit side with damage. As the race resumed, Zach Spangenberg went to battle with Bran­don Czarapata.  Yarie was sent to the tail of the field, handing the lead over to Whitman. With Whitman running the tires LaCrosse worked the top groove and was able to slip by Whitman on lap 12.  The Karl Kustoms Northern SportMod feature got off to a slow start as rookie Tanner Schultz ended up on his roof, causing a red flag. Schultz emerged unscathed but his racecar wasn’t so lucky. Kurt Moeller then paced the field until Kenny Richards raced by up top on lap 11.  LaCrosse put it on cruise control all the way to victory lane with his second feature win of the sea­son. Whitman had a solid points night with second, rookie Cody Schroeder continued to impress by taking third place, Justin Ritchie came through the last chance race to take fourth and Josh Long completed the top five in his first visit of the season.   center_img Czarapata held on for his first feature win of the season. He also became the seventh different winner in as many nights.  SEYMOUR, Wis. (July 12) – Benji LaCrosse took the top line to victory lane in IMCA Modified action Friday at Outagamie Speedway.  Marcus Yarie had built up a straightaway advantage over Johnny Whitman but a caution on lap nine halted his progress. On the restart, Yarie collected an infield tire sending it onto that track that caused another caution.  Richards pulled away for the win, in his first visit of the season.last_img read more

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Noble on Gold Mission

first_img Press Association Lady Cecil is confident Noble Mission will be “very competitive” after deciding to supplement the in-form five-year-old for Sunday’s Tattersalls Gold Cup. While he might lack the brilliance of his incredible full-brother Frankel, Noble Mission has enjoyed an excellent start to the year, winning the Gordon Richards Stakes at Sandown and the Huxley Stakes at Chester. He will step up to Group One level for the first time at the Curragh this weekend after owner Khalid Abdullah stumped up the required 21,000 euros to add him to the field. center_img Cecil told www.warrenplacestables.com: “Noble Mission has made an excellent start to the season. We felt he had done very well through the winter and we’ve been delighted with how he has performed so far in 2014. “He has earned the right to contest a Group One – hence the decision to supplement for the Tattersalls Gold Cup. The likelihood of there being some ease in the ground came into our thinking, although he seems to go on any ground. “We’ve been happy with him since Chester and feel he is capable of once again being very competitive, stepped up to Group One company.” Noble Mission is only supplementary among 15 horses in contention for the extended 10-furlong contest. Aidan O’Brien has won the race six times, including three of the last four renewals, and his three contenders are Ruler Of The World, Magician and Hall Of Mirrors. Jim Bolger also has a numerically strong hand with Einsteins Folly, Parish Hall and Trading Leather all in the mix. Noble Mission is set to be joined on the trip from Britain by the William Haggas-trained Mukhadram, Ed Dunlop has left in Red Cadeaux and Neatico is a possible German raider for Peter Schiergen. Cardinal Palace, Akira, Alive Alive Oh, Along Came Casey and Euphrasia complete the field. last_img read more

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It’s not fair: Bayern chief hits out at Ballon d’Or cancellation

first_imgMUNICH: Bayern Munich chairman Karl-Heinz Rummenigge has slammed organisers France Football’s decision to cancel this year’s Ballon d’Or, a decision made in the wake of COVID-19 pandemic earlier this month.The prestigious award, which came into existence in 1956, is handed to the best player in the world every year with jury comprising of 180 individuals from around the globe. Rummenigge stated Bayern Munich striker Robert Lewandowski, who has scored 51 goals across competitions this season, stood a big chance of winning the trophy. He also pointed towards completion of major football leagues around Europe, except for French Ligue 1, and stated the trophy should have been handed at the end of the season. “I believe Robert Lewandowski is playing a fantastic season and he performed maybe the best season in his career,’ Rummenigge said during a news conference as per Dail Mail. “Unfortunately, France Football cancelled the Ballon d’Or, which we are not very happy (about). In the end, it’s not very fair – not just for Bayern but also for Robert Lewandowski, who might have won. “I believe it’s very important that in a season that, except the French league, were performed through to the end of the season, it has to be possible to give the Ballon d’Or to the best footballer in the world. “Of course, I believe, in those circumstances, Robert would have a good chance to win it for the first time in his career,” he added. Barcelona and Argentina talisman Lionel Messi is the current holder of the prestigious trophy and he is also the record winner of the prize, having won the accolade six times. Portuguese superstar Cristiano Ronaldo comes a close second with five titles. IANS Also watch: Moran’s Khowang Ghat Shut For 3 Days After Girl Tests COVID Positivelast_img read more

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FIA looking into Hamilton anti-racism shirt gesture

first_imgBy Alan BaldwinLONDON, England (Reuters) – Formula One’s governing body is considering whether Lewis Hamilton broke any rules in wearing a T-shirt with “Arrest the cops who killed Breonna Taylor” on it before and after Sunday’s Tuscan Grand Prix.“We are giving this issue active consideration,” said a spokesman for the governing International Automobile Federation (FIA).He added that the discussion was also about how to proceed in future.Taylor, a 26-year-old Black woman, was killed by police officers who burst into her apartment in Louisville, Kentucky, in March.One police officer involved was fired by the city’s police department in June. Two other officers have been placed on administrative reassignment. No criminal charges have been filed against any of the three.Hamilton has regularly worn a ‘Black Lives Matter’ T-shirt when taking a knee in an officially-sanctioned anti-racism protest before the start of races this season.Sunday’s shirt was a departure from that, with a photograph of Taylor on the back and ‘Say her name’. Japanese tennis player Naomi Osaka recently wore a face mask with Taylor’s name at the U.S. Open.Hamilton said on Sunday Osaka had been “an incredible inspiration”.Race stewards did not open any investigation into Hamilton’s actions at Italy’s Mugello circuit.It was not immediately obvious in any case what statute Hamilton might have broken.The FIA, which maintains a non-political stance, is working with the Briton, Formula One’s only Black driver, on a diversity commission and has promoted an anti-racism campaign.The sporting code bars teams from using “political or religious” advertising but does not mention the drivers.Mercedes team boss Toto Wolff also made clear he had no problem with whatever Hamilton chose to wear.“It is entirely his decision. Whatever he does, we will support,” the Austrian told reporters last Saturday.“The team is fighting against any kind of racism and discrimination and it is Lewis’s personal fight for Black Lives Matter and with all the support we can give him.“The much broader movement is obviously the fight against any kind of racism and discrimination — and we as a team and as a corporate have always put an emphasis to fight against that injustice.”last_img read more

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Badgers host Spartans in Big Ten matchup

first_imgBryan Faust/Herald photoThe University of Wisconsin softball team begins its last Big Ten homestand of the season today when Michigan State comes to town for the first of a two-game series. The Badgers and Spartans will play tonight at 6 p.m. at Goodman Diamond before playing game two of the series tomorrow at noon.Wisconsin (13-17, 3-5 Big Ten) enters today’s contest loose and full of confidence following their 9-0 shellacking of Valparaiso Wednesday afternoon. Wisconsin had dropped their previous six games, five by a single run, and needed the win to relieve the stress that had built up from all the tight losses.“That was a really rough week last week, I mean they were all really close games,” senior catcher Boo Gillette said. “We were pressing because we were on a losing streak. It’s emotionally draining when you are ahead, then you are behind, then you’re ahead again, and you end up losing. I think just knowing that we can win again and not pressing so much is going to help us.”Michigan State, with an overall record of 14-22-1 and a record of 4-4 in conference play, sits in seventh place in the conference, directly above the Badgers, who after proving to themselves they can play with the top teams in the country last weekend, look to prove it on the scoreboard by accumulating some victories.“We played the two best teams in the conference (Michigan and Northwestern), and we played them well,” head coach Karen Gallagher said. “I think there’s a great anticipation for our team, and I think the players know that there are four weeks left in the Big Ten schedule, so lets put it all out on the line and play the way we can.”The Badgers will definitely have their work cut out for them against a scrappy Michigan State team. The Spartans have been by far the weakest offensive team in the Big Ten so far, but have managed to play .500 ball despite their offensive limitations, thanks to strong pitching and timely hitting.Michigan State is far and away the youngest and most inexperienced team in the Big Ten, carrying only five upperclassmen on their 19-player roster. The lack of experience has hurt the Spartans offensively as they are in the conference cellar in most offensive categories, including batting average (.214), runs (79), RBI (66) and home runs (6). Freshman catcher Caitlin Mahoney is the lone Spartan hitting over .300, with a .312 average. Mahoney is second on the team in RBI with 11, trailing freshman shortstop Traci Nicosia.Michigan State has made up for their lack of offense in the pitching circle however, relying heavily on the right arm of sophomore Rachel Turney, who has thrown over the course of 132 innings this year, the fourth-highest in the Big Ten. Turney has compiled an 8-11 record with an impressive 1.72 ERA. She has shown herself to be a power pitcher in her second season, striking out 115 batters, almost as many as the Badgers have as a team (127).The Badgers match up well against Michigan State and will likely receive an extra emotional boost this weekend as it will be the final Big Ten home series for the group of seniors that lead the team. Catcher Boo Gillette, shortstop Kris Zacher, outfielder Anastasia Miller, outfielder Natalie Phillips, pitcher Katie Layne and first baseman Meghan Reiss will all play their last conference home game this weekend, which also happens to be Parent’s Weekend.“We have a real core senior group that will be playing their last Big Ten game here, and I think they want to go out well for them and their parents,” Gallagher said.The Badgers have shown fantastic potential in the past few weekends and are looking at now as the time to fulfill that potential by winning Big Ten games and preparing for a late-season run toward the Big Ten Championship.“This is a special weekend for everybody and might just be the weekend that sets the tone for the rest of the season,” Gallagher said.last_img read more

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