Saturday, September 8, 2012

Poor Credit? Try These Great Credit Repair Tips! | Creative ...

When you are trying to repair your credit, sometimes it seems like you can?t get the relevant answers to help you. This article offers valuable information that will help you start rebuilding your credit. These tips can relieve you from stress and save time.

You will be able to keep up with your bills, and get a good credit score. Paying late is placed on your credit report which can hurt your chances of getting a loan.

TIP! If you have a poor credit history and can?t qualify for a credit card, get a secured card. Most likely, you will not have a problem obtaining this type of card, but you must add funds to the account before you make any purchases to assure the bank that you will pay.

When trying to get out of the hole and repair your credit, be sure to make the minimum payment on your cards at the very least. Late payments are called in to the credit rating companies, and this hurts your score. If you make some effort and pay the minimum, you will help show you are trying to be responsible for your actions and pay the debt.

Joining a credit union may be a way to boost your credit score when you are having a hard time getting credit. Credit unions sometimes have better rates and more options for your credit rather than a large bank. You can base this on how well the economy is in your area instead of the national situation.

Credit Limit

TIP! In order to make sure that you do not overpay, know that you can dispute your really high interest rates. In many situations, exorbitant fees and penalties can be challenged.

Keep your credit card balances below 50 percent of your credit limit. If any of your balances climb past half of your available credit limit, pay them down or spread the debt around other accounts, otherwise, your credit rating gets tarnished.

Make sure you pay all your bills on time. Don?t forget that you can reach out to credit counseling for help.

Keep your credit cards in your wallet. Pay for everything with cold, hard cash. If you are forced to use credit, pay it back immediately.

Be aware that threats made by a bill collector are illegal. Laws such as the FDCPA exist to stop debt collectors from harassing debtors.

To help repair your credit, an important thing to keep in mind is to keep the balance on your credit card low. For instance, being a few hundreds dollars under your limit can still hurt your credit score, even if you make your payments on time.

Credit Card

TIP! Make a plan so that you can get rid of past due bills plus any collection accounts. These will show on your report but you will have a better standing than you did before.

Take a look at credit card bills to make sure that every item is one you have charged. Immediately report any errors to your credit card company to prevent a bad mark on your credit report.

In order to start repairing your credit, you should try to pay down the balances on your credit cards as quickly as possible. Pay off accounts with the highest interest rates first. Doing so shows your creditors that you are taking your debt problem seriously.

Hopefully, the information in this article will be of use to you. Credit repair can feel like a battle that is all but lost, but if you take the right steps the battle can be won. Patience is your friend here. If you are consistent, though, you will slowly see your credit score improve

http://www.corporatefasttrack.com/credit-services.html

Source: http://www.corporatefasttrack.com/cftblog/poor-credit-try-these-great-credit-repair-tips

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Rust never sleeps: Observations of electron hopping in iron oxide hold consequences for environment and energy

ScienceDaily (Sep. 6, 2012) ? Rust -- iron oxide -- is a poor conductor of electricity, which is why an electronic device with a rusted battery usually won't work. Despite this poor conductivity, an electron transferred to a particle of rust will use thermal energy to continually move or "hop" from one atom of iron to the next. Electron mobility in iron oxide can hold huge significance for a broad range of environment- and energy-related reactions, including reactions pertaining to uranium in groundwater and reactions pertaining to low-cost solar energy devices. Predicting the impact of electron-hopping on iron oxide reactions has been problematic in the past, but now, for the first time, a multi-institutional team of researchers, led by scientists at the U.S. Department of Energy (DOE)'s Lawrence Berkeley National Laboratory (Berkeley Lab) has directly observed what happens to electrons after they have been transferred to an iron oxide particle.

"We believe this work is the starting point for a new area of time-resolved geochemistry that seeks to understand chemical reaction mechanisms by making various kinds of movies that depict in real time how atoms and electrons move during reactions," says Benjamin Gilbert, a geochemist with Berkeley Lab's Earth Sciences Division and a co-founder of the Berkeley Nanogeoscience Center who led this research. "Using ultrafast pump-probe X-ray spectroscopy, we were able to measure the rates at which electrons are transported through spontaneous iron-to-iron hops in redox-active iron oxides. Our results showed that the rates depend on the structure of the iron oxide and confirmed that certain aspects of the current model of electron hopping in iron oxides are correct."

Gilbert is the corresponding author of a paper in the journal Science that describes this work. The paper is titled "Electron small polarons and their mobility in iron (oxyhydr)oxide nanoparticles." Co-authoring the paper were Jordan Katz, Xiaoyi Zhang, Klaus Attenkofer, Karena Chapman, Cathrine Frandsen, Piotr Zarzycki, Kevin Rosso, Roger Falcone and Glenn Waychunas.

At the macroscale, rocks and mineral don't appear to be very reactive -- consider the millions of years it takes for mountains to react with water. At the nanoscale, however, many common minerals are able to undergo redox reactions -- exchange one or more electrons -- with other molecules in their environment, impacting soil and water, seawater as well as fresh. Among the most critical of these redox reactions is the formation or transformation of iron oxide and oxyhydroxide minerals by charge-transfer processes that cycle iron between its two common oxidation states iron(III) and iron(II).

"Because iron(II) is substantially more soluble than iron(III), reductive transformations of iron(III) oxide and oxyhydroxide minerals can dramatically affect the chemistry and mineralogy of soils and surface," Gilbert says. "In the case of iron(III) oxide, the reduction to iron(II) can cause mineral dissolution on a very fast timescale that changes the mineralogy and water flow pathways. There can also be a mobilization of iron into solution that can provide an important source of bioavailable iron for living organisms."

Gilbert also noted that many organic and inorganic environmental contaminants can exchange electrons with iron oxide phases. Whether it is iron(III) or iron(II) oxide is an important factor for degrading or sequestering a given contaminant. Furthermore, certain bacteria can transfer electrons to iron oxides as part of their metabolism, linking the iron redox reaction to the carbon cycle. The mechanisms that direct these critical biogeochemical outcomes have remained unclear because mineral redox reactions are complex and involve multiple steps that take place within a few billionths of a second. Until recently these reactions could not be observed, but things changed with the advent of synchrotron radiation facilities and ultrafast X-ray spectroscopy.

"Much like a sports photographer must use a camera with a very fast shutter speed to capture an athlete in motion without blurring, to be able to watch electrons moving, we needed to use a exceedingly short and very bright (powerful) pulse of X-rays," says Jordan Katz, the lead author on the Science paper who is now with Denison University. "For this study, the X-rays were produced at Argonne National Laboratory's Advanced Photon Source."

In addition to short bright pulses of X-rays, Katz said he and his co-authors also had to design an experimental system in which they could turn on desired reactions with an ultrafast switch.

"The only way to do that on the necessary timescale is with light, in this case an ultrafast laser," Katz says. "What we needed was a system in which the electron we wanted to study could be immediately injected into the iron oxide in response to absorption of light. This allowed us to effectively synchronize the transfer of many electrons into the iron oxide particles so that we could monitor their aggregate behavior."

With their time-resolved pump-probe spectroscopy system in combination with ab initio calculations performed by co-author Kevin Rosso of the Pacific Northwest National Laboratory, Gilbert, Katz and their colleagues determined that the rates at which electrons hop from one iron atom to the next in an iron oxide varies from a single hop per nanosecond to five hops per nanosecond, depending on the structure of the iron oxide. Their observations were consistent with the established model for describing electron behavior in materials such as iron oxides. In this model, electrons introduced into an iron oxide couple with phonons (vibrations of the atoms in a crystal lattice) to distort the lattice structure and create small energy wells or divots known as polarons.

"These electron small polarons effectively form a localized lower-valence metal site, and conduction occurs through thermally-activated electron hopping from one metal site to the next," Gilbert says. "By measuring the electron hopping rates we were able to experimentally demonstrate that iron(II) detachment from the crystal is rate-limiting in the overall dissolution reaction. We were also able to show that electron hopping in the iron oxides is not a bottleneck for the growth of microbes that use these mineral as electron acceptors. The protein-to-mineral electron transfer rate is slower."

Katz is excited about the application of these results to finding ways to use iron oxide for solar energy collection and conversion.

"Iron oxide is a semiconductor that is abundant, stable and environmentally friendly, and its properties are optimal for absorption of sunlight," he says. "To use iron oxide for solar energy collection and conversion, however, it is critical to understand how electrons are transferred within the material, which when used in a conventional design is not highly conductive. Experiments such as this will help us to design new systems with novel nanostructured architectures that promote desired redox reactions, and suppress deleterious reactions in order to increase the efficiency of our device."

Adds Gilbert, "Also important is the demonstration that very fast, geochemical reaction steps such as electron hopping can be measured using ultrafast pump-probe methods."

This research was supported by the U.S. Department of Energy's Office of Science, which also supports the Advanced Photon Source.

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Story Source:

The above story is reprinted from materials provided by DOE/Lawrence Berkeley National Laboratory.

Note: Materials may be edited for content and length. For further information, please contact the source cited above.


Journal Reference:

  1. J. E. Katz, X. Zhang, K. Attenkofer, K. W. Chapman, C. Frandsen, P. Zarzycki, K. M. Rosso, R. W. Falcone, G. A. Waychunas, B. Gilbert. Electron Small Polarons and Their Mobility in Iron (Oxyhydr)oxide Nanoparticles. Science, 2012; 337 (6099): 1200 DOI: 10.1126/science.1223598

Note: If no author is given, the source is cited instead.

Disclaimer: Views expressed in this article do not necessarily reflect those of ScienceDaily or its staff.

Source: http://feeds.sciencedaily.com/~r/sciencedaily/most_popular/~3/LXY1jWe_5qY/120907095844.htm

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Tuesday, September 4, 2012

Pistorius dethroned, as Brazil, China triumph

Oscar Pistorius was on Sunday dethroned as young Brazilian Alan Oliveira stole his Paralympic T44 200m crown with a powerful run, topping a successful night on the track for the South American nation.

But the 25-year-old Pistorius hit out after his shock silver that silenced the 80,000-strong crowd at the Olympic Stadium, complaining he was at a disadvantage because of the length of some of his rivals' artificial running blades.

"The IPC (International Paralympic Committee) don't want to listen," the South African "Blade Runner" told Britain's Channel 4 television. "The guys' legs are unbelievably long. Not taking away from Alan's performance, he's a great athlete.

"But these guys are a lot taller and you can't compete with the stride length.

"You saw how far he (Oliveira) came back. We aren't racing a fair race. I gave it my best.

"The IPC have their regulations. The regulations allow that athletes can make themselves unbelievably high. We've tried to address the issue with them in the weeks up to this and it's just been falling on deaf ears."

Pistorius, who had been seeking to defend all three of the T44 sprint titles he won in Beijing four years ago, said US bronze medallist Blake Leeper's knee height, for example, was "like four inches (10cm) higher than it should be".

"The guys are just running ridiculous times and they're able to do so. I think Alan's a great athlete but... I run just over 10 metres per second," he added.

"I don't know how you can come back, watching the replay, from eight metres behind on the 100 to win. It's absolutely ridiculous."

Twenty-year-old Oliveira's unexpected victory was greeted with wild cheering from his compatriots and was the highlight of three golds among five medals for Brazil on the night.

Earlier, Terezinha Guilhermina retained her T11 200m title in a clean sweep of medals that saw Jerusa Geber Santos take silver and Jhulia Santos bronze.

Compatriot Yohansson Nascimento then triumped in the men's T46 equivalent over the same distance in a new world record.

China also had a successful day, with rower Huang Cheng providing a major upset by inflicting the first defeat in British favourite Tom Aggar's five-year international career in the men's arms-only (ASM1x) single sculls.

Huang, 30, said he was "very excited" by his win and after lowering Aggar's world record in qualifying but the British rower, who came fourth, said he was "devastated" to have lost his unbeaten record and Paralympic title.

Elsewhere, in the women's arms-only (ASW1x) single sculls, two-time world champion Alla Lysenko of Ukraine took gold, while Britain gave the home crowd some cheer by taking the legs, trunks and arms (LTAMix4+) mixed coxed four.

Huang's victory was one of two rowing golds for China, with world champions Fei Tianming and Lou Xiaoxian winning the trunk and arms mixed double sculls (TAMix2x).

In athletics, Zhou Guohua won the women's T12 100m for visually impaired athletes in 12.05sec, wheelchair racer Li Huzhao won the men's T53 400m and Gao Mingjie retained his F44 javelin title.

British wheelchair racer David Weir was later roared to victory in the T54 5,000m race and now looks to defend his Beijing 800m and 1,500m titles.

China also won the final C1-5 team sprint on the last day of track cycling to tie with Britain on five golds but the host nation topped the final table with more silver and bronze.

In the pool, stand-out performances included Ihar Boki of Belarus, who picked up his third gold of the Games with a world record in the S13 100m freestyle, while Mallory Weggemann of the United States won the women's S8 50m freestyle.

She complained earlier this week that she had "lost faith" in the classification process after she was moved up a category on the eve of the Games.

Matthew Cowdrey, meanwhile, made it 10 Paralympic career gold medals as Australia won the men's 4x100m freestyle 34 Points relay, leaving him just one gold short of becoming his country's most successful athlete at the Games.

Britain's equestrian riders won their fifth successive team gold. The team included Lee Pearson, who secured his 10th Paralympic gold after losing his 100 percent record over four games at the individual event on Saturday.

Source: http://news.yahoo.com/wolf-roars-win-pistorius-eyes-200m-title-004944861--oly.html

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Saturday, September 1, 2012

Day Trading Is a Sucker's Game Crossing Wall Street

Day Trading Is a Sucker?s Game

I?ve got bad news for all you day traders out there. Just like assembly-line workers, switchboard operators, copy clerks, and hand weavers before you, you?ve now been automated out of existence.

Why, you ask in dismay? The latest issue of Wired explains everything.

It would appear that yet another exotic breed has been spotted in the thickets of the Wall Street jungle?or more accurately, in suburban New Jersey, which is where all the high-speed servers and fiber-optic cables that are their lifeblood are located. This new breed, the high-frequency trader, or HFT, is a scientifically engineered, ultra-streamlined version of the financial sharks of yesteryear.

Or rather they?re not, since they?re not really like investment bankers, stock analysts, junk-bond dealers, corporate raiders, sellers of complex derivatives, or any other species we?ve seen before. In fact, they?re not really interested in the stock business at all, if by ?business? one means the furnishing of capital to companies so that the latter may profitably market their goods and services and go on to share the resultant bounty with investors.

What they are interested in is numbers. Streams and streams of numbers. Their approach is to develop algorithms that detect minute changes in stock prices and then to have computers place buy or sell orders on the basis of the patterns in the fluctuations. If an algorithm notices, for example, that a particular stock?s price has gone up for several minutes consecutively, it might decide to hop on the gravy train, buying up lots of shares, only to dump them a second later. Each individual sale might only net the user a fraction of a cent, but multiply that by several hundred shares a day, and by tens of thousands of iterations between 9:30 a.m. and 4 p.m., and you have, in theory at least, the possibility of some serious positive cashflow.

These HFTs (also known as ?Quants?) draw their ranks not from MBAs but from former physicists, engineers, IT geeks, and even pro poker players, and they seem to share a curiously abstract view of the stock market, regarding it as a kind of abstract mathematical puzzle akin to Sudoku?you can imagine them getting together on Saturday nights to discuss Fibonacci sequences or proofs for Fermat?s Last Theorem. They don?t bother to concern themselves with p/e ratios, quarterly dividends, or earnings per share, let alone with the companies they trade in or the products made by those companies. Instead, they focus on ever-more-complex methods of data mining, as well as the hope of ever-faster modes of information transmission, since their profits derive from their ability to stay ahead of the curve, however infinitesimally. Their One Great Hope is the Perfect Transmission Network, one that would enable their remote transactions to be executed on Wall Street at the speed of light?in other words, without the lag time, sometimes several excruciating microseconds in length, currently imposed by technological limitations.

If all this sounds slightly insane, it?s because it is. Especially when one learns just how small the profits involved are. One HFT at a recent conference in London hypothesized that under ideal conditions?famous last words?his latest algorithm would be able to execute 64,000 trades per day, at an average profit of $0.0001 per trade, for a grand total of $600. Not shabby, by any means, but at that rate, he might as well get an honest job. Another researcher speculated that by buying up all the Tweets issued during a given time period?say, six months?and then aggregating them and analyzing them for words with emotional content (?calm,? ?happy,? ?relaxed,? and the like), it would be possible to divine America?s financial mood and thus predict the course the Dow will take a few days down the line.

Interesting? Sure. Sound investing strategy? Highly debatable.

What all this means for you is that now more than ever, day trading is a fool?s errand. If you were ever tempted to enter the fray, recognize once and for all that those banks of computers chugging away at their algorithms have you hopelessly outclassed. There?s simply no way an individual human being can compete against a fleet of CPUs that rivals NASA?s. Do not, repeat, do not try it. You will lose.

The good news is that this means that our formula for investing is now at an even greater premium. The ingredients of that formula are the same as ever: (1) Find good-quality companies; (2) Buy said companies? stock at good prices; (3) Be patient. You don?t need to be the fastest trader, or have the most gizmos working for you. You don?t have to make the perfect trade every time. What you do have to do is research the companies thoroughly, and focus on the long term.

The cult of the financial analyst was laid in its tomb ten years ago. Now the much-vaunted figure of the day trader is headed for the same scrap heap. But the intelligent investor is left standing, even if a robot beats him out of a fraction of a penny. And we?ll still be here even when all those transmissions actually take place at the speed of light, thus depriving the HFTs of their modus vivendi.

In the meantime, it?s best to remember those haunting words by T.S. Eliot, himself a Lloyd?s of London employee:

Between the order
And the confirmation
Between the bid
And the ask
Falls the shadow.

Posted by edelfenbein on August 31st, 2012 at 11:16 am

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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Source: http://www.crossingwallstreet.com/archives/2012/08/day-trading-is-a-suckers-game.html

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Analysis: Romney?s challenge: Appeal to heart (Star Tribune)

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Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/244795399?client_source=feed&format=rss

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Keepin' the Stew in The Pot (talking-points-memo)

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Source: http://news.feedzilla.com/en_us/stories/politics/top-stories/244700385?client_source=feed&format=rss

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Mitt Romney: 'The time has come to turn the page'

(Chip Somodevilla/Getty Images)

TAMPA?Mitt Romney accepted the Republican presidential nomination by making an appeal to Americans disappointed in President Barack Obama's tenure in the White House, arguing he can usher in the change Obama promised in 2008 but has failed to deliver.

"Tonight I'd ask a simple question: If you felt that excitement when you voted for Barack Obama, shouldn't you feel that way now that he's President Obama?" Romney said. "You know there's something wrong with the kind of job he's done as president when the best feeling you had, was the day you voted for him."

He said Americans "deserved" the "hope and change" that Obama had promised, but because he has failed to keep his promises, he doesn't deserve a second term.

"This president can ask us to be patient. This president can tell us it was someone else's fault. This president can tell us that the next four years he'll get it right," Romney said. "But this president cannot tell us that you are better off today than when he took office. America has been patient. Americans have supported this president in good faith. But today, the time has come to turn the page."

Romney told voters it's time to "put the disappointments of the last four years behind us" and "forget about what might have been and look ahead to what can be."

"Many Americans have given up on this president but they haven't ever thought about giving up. Not on themselves. Not on each other. And not on America," Romney said. "What is needed in our country today is not complicated or profound. It doesn't take a special government commission to tell us what America needs. What America needs is jobs. Lots of jobs."

Romney's speech was a bookend to speeches he's given in the 18 months since he launched his second bid for the presidency. But unlike other remarks, Romney spoke at length about his life and his family?telling voters about the "unconditional love" he received from his parents and has tried to pass on to his own kids and grand kids.

"All the laws and legislation in the world will never heal this world like the loving hearts and arms of mothers and fathers," Romney said. "If every child could drift to sleep feeling wrapped in the love of their family--and God's love--this world would be a far more gentle and better place."

Romney's remarks were aimed at humanizing him with voters, who have been openly skeptical of his candidacy. Before he took the stage, aides sought to tell a different story about Romney by having those who know him speak. Friends of the candidate spoke about his Mormon faith and others, including the founder of Staples--the office supply chain that was started with seed money from Bain Capital, a firm Romney founded--attested to his time as a venture capitalist.

But Romney's speech was somewhat overshadowed by a rambling appearance by the actor and director Clint Eastwood, who ad-libbed a skit featuring him speaking to an invisible Obama on the stage. Romney aides had expected Eastwood, who endorsed the candidate last month, to make a short 5-minute speech; they looked anxious as the Hollywood actor's remarks extended past the 10-minute mark.

But Romney won the audience's attention a few minutes later, as he made an entrance from the back of the convention floor, walking through the delegates who excitedly shook his hand. On stage, a singer sang an acoustic version of "Born Free," the Kid Rock song that has become Romney's anthem.

In his speech, Romney repeated the argument he has made against an Obama second term?insisting the president has simply not turned things around. He repeatedly emphasized that his focus would be on creating jobs?reiterating that adding employment hasn't been Obama's focus.

"President Obama promised to slow the rise of the oceans and to heal the planet," Romney said, a line that prompted laughter on the RNC floor. "My promise is to help you and your family."

If elected, Romney vowed to "unleash an economy that will put Americans back to work" and restore "the America we want for our children."

"That future is our destiny. That future is out there. It is waiting for us. Our children deserve it, our nation depends upon it, the peace and freedom of the world require it. And with your help we will deliver it," Romney said. "Let us begin that future together tonight."

Source: http://news.yahoo.com/blogs/ticket/romney-makes-appeal-voters-disappointed-obama-time-come-031717566--election.html

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