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“visit+site+read+read+more+about ” - 21 news in the last 7 days (5.5s)

PlayStation Move Will Only Support 4 Players

Yesterday we told you that PS3 had officially announced the release of its new PlayStation Move … [visit site to read more] Gadget Gift Ideas If you like what you’re reading then learn more about joining our FREE newsletter here. Lucky readers will win some fantastic
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gadget prizes! Also, check out our recession busting gadgety money saving ideas. Get [...] PlayStation Move Will Only Support 4 Players is a post from: UK Gadget and Tech News, Reviews and Shopping Site - Gaj-It.com

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Shinan: Kelly in blunderland

[Astrid Stawiarz / Getty Images] Lesson No. 1, Kelly Cutrone: Do your homework! While making her umpteenth rounds while in Canada yesterday to promote her new book, If You Have to Cry, Go Outside: And Other Things You Mother Never Told You, Her Royal Reality-Show Highness entertained an interview during which she made a boo-boo not worthy of a woman with her standards. Asked if she was thought it was “better to be loved or feared” — this, by local It Girl Sarah Nicole Prickett for Eye Weekly — the black-clad Kell on Earth star confused her Machiavelli with her Lewis Carroll, and answered “both.” Then, added, “You know, that’s a very Alice in Wonderland question,” which then led to a very tweedledee-tweedledum exposition on the latest Tim Burton movie. Um, no it’s not, Kelly, um, Ms. Cutrone. It’s a direct question from The Prince and, indeed, the one quote from The Prince that even people who haven’t read The Prince know to make it sound like they’ve read The Prince. A schoomarish smack-down is not always necessary or recommended when it comes to the classics, but it certainly brings it out in me when the offender in question is so alternately loved and feared, not to mention, famous for her tough-love schtick and, in addition, known for her finger-flinging exactingness (as in her kvetching later on in this same interview about the loosey-goosey definition applied these days to the term “couture”). Alas, at least Prickett got her interview. Another blogger-about-town, Jen McNeely, of that popular site Shedoesthecity.com, most certainly did not. She was, in fact, guillotine’ed via Tweet, so to speak, last Friday when she earlier (and playfully) called her a “witch” in a message. Not taking any prisoners, Cutrone cancelled her scheduled interview, which then Jen wrote about on her blog, which then made its way onto other sites (such as Torontolife.com), which then resulted in more Twitter “followers” for Jen and more publicity, not less, for Kelly’s book. Curiouser and curiouser, it all got — just the way Machiavelli put it! As for Kelly’s true take on the true Machiavelli question — whether it is better to be feared or loved, indeed — perhaps the real clue lay in her visit yesterday afternoon to the Hermes store, on Bloor Street. That is where she was noted picking up a suck-up present for Fashion Television’s Jeanne Beker, who later was set to interview the author at a Q&A session organized by Indigo. Meanwhile, I see, I hear: That the cats and dogs weather did not deter Bruce Willis and John Malkovich from hitting the town on Saturday night. The action hero and the menacing thespian did then the always-popular Giancarlo, on College, where at least one man-socialite-about-town was also spotted celebrating his birthday. This! That! Too! The just-so director behind the new Joan Jett biopic, The Runways, really strove to make the movie less Brady Bunch, more ’70s dirty. To that end, explained Canada’s Floria Sigismondi to The New York Times recently, she opted for Super 16 film (in order to establish a more grainy, retro feel). Toronto, by the way, got its first-look at the Dakota Fanning-Kristen Stewart flick at a screening held at the Isabel Bader Theatre the other night. Eric McCormack didn’t like dressing up for the Olympics last month. Talking up Canada while on The View last week, the TV gadabout mentioned he went to the Opening Ceremonies in Vancouver, where everybody was forced to put on these “blue ponchos.” We all looked, he said, like we were “about to be married by the reverend Sun Myung Moon.” What a difference a decade and some change makes! With Sarah Jessica Parker due in town today — for a Halston Heritage reception at The Room — it occurs to me that the last time she spent any real time in Toronto was for 1996’s now all-but-forgotten Extreme Measures, co-starring Hugh Grant. That was before she’d become a Sex-y emblem for the ages, and certainly before she was SJP Inc.

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Magor Communications Introduces HDSolo

Newest addition to Magor TeleCollaboration HDWorkPlace family is the most advanced single screen, single camera 1080p video conferencing and collaboration system on the market today Ottawa, Canada - March 8, 2010 - Magor Communications today announced HDSolo, the latest addition to the Magor TeleCollaboration™ HDWorkPlace family. The most advanced single screen, single camera high definition (HD) 1080p video conferencing and collaboration system on the market today, HDSolo is ideal for people who need to frequently communicate and collaborate with colleagues, partners, suppliers and customers, and who want to do it from the comfort and convenience of their own personal workspace. HDSolo incorporates the full functionality of Release 3 of Magor's HDWorkPlace family, also announced today, including MyView, Magor's unique advanced filmstrip capability. With MyView, HDSolo brings together visual and data collaboration capabilities on a single screen, providing maximum flexibility and complete individual control over one's own telecollaboration experience. Users of HDSolo can customize their screen view, moving and sizing windows for various call participants and collaboration materials in real time. They can also - without the distraction of PTZ cameras - pan and zoom in on images as well as non-computer-based materials such as whiteboards, flip charts and physical objects, to best meet their individual preferences and work needs. In addition to MyView, HDSolo delivers advanced collaboration capabilities that allow users to enhance productivity, speed decision making and improve time-to-market. With instant drag-and-drop sharing of computer desktops (any mix of PC, Mac, Linux, UNIX or Solaris systems) through an intuitive graphical user interface (GUI), HDSolo lets remote participants view or modify shared content or take control of the content as permitted during a collaboration session. "By giving end users complete control over their own individual visual and collaborative experience, HDSolo delivers comprehensive, fulfilling telecollaboration sessions on a single screen," said Ken Davison, VP of Marketing for Magor Communications. "This format helps workers at all levels of an organization be more productive while strengthening relationships with colleagues, partners and customers." Improved ROI With HDSolo's 1080p resolution video screen, users can take advantage of the desktop integration capability for everyday activities other than remote video collaboration. This means HDSolo can be used at all times, helping businesses increase utilization and adoption rates for significantly improved return on investment (ROI). HDSolo system components HDSystemSoftware 1 enterprise-grade server 1 1080p resolution 46-inch video screen (other size monitors available) 1 1080p Ethernet-based camera 1 Audio Tabletop Unit (ATU) 1 integrated cabinet Supporting Resources: Read more information about TeleCollaboration on the Magor Communications web site. Learn more about TeleCollaboration from the white paper, "Introducing Magor TeleCollaboration" Check out the video, "What just happened?", showcasing the features and benefits of the Magor TeleCollaboration HDWorkPlace family About Magor Communications Understanding that today's fast-paced, cost-conscious, competitive business environment requires communications solutions that enable people to enhance decision making, improve productivity and strengthen ties with colleagues, partners and customers, Magor Communications developed the innovative Magor TeleCollaboration HDWorkPlace family of telecollaboration systems. Seamlessly integrating advanced data collaboration capabilities into a peer-to-peer 1080p high definition video conferencing experience, the HDWorkPlace systems dramatically improve the effectiveness of meetings. By extending basic video scaling principles with segmentation and adaptation, the HDWorkPlace family sets the benchmark for Good Network Citizenship for enterprise video conferencing solutions, delivering 1080p video and collaboration without overburdening the network or significantly increasing IT costs. Magor works with technology and channel partners and OEMs to bring the power of telecollaboration to businesses of all sizes and to workers at all levels of an organization. For more information, please visit www.magorcorp.com. ### Magor Communications Corp., Magor TeleCollaboration, MyView and the Magor Communications Corp. logo are trademarks of Magor Communications Corp. and/or its affiliates in Canada and certain other countries and are protected by trade dress, copyright, trademark laws, and various other intellectual property rights. All other trademarks mentioned in this document are the property of their respective owners. Keywords / Tags: Magor, Magor Communications, TeleCollaboration, Collaboration, Video Conferencing, 1080p, filmstrip, unified communications Contact: Ken Davison, VP Marketing Magor Communications ken.davison@magorcorp.com Office: +1.613.686.1731, ext. 5509; Mobile: +1.613.884.5411 Kathleen Keith Keith Communications kkeith@redshift.com +1 707.529.4507

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Are You Sure If The Silver Jewelry You Bought Was Authentic?

Buying a Sterling Silver Jewelry has always been my dream as a woman. But on other hand, I was a bit hesitant whether to buy Silver Jewelry online. Is it safe enough to but Silver Jewelry from web site you don’t know? The answer is yes, we can always go to buy Sterling Silver Jewelry on websites which has secure online transaction process. We always here of web sites who have beautiful design listed for Silver Jewelry, but when it comes to delivering the right design and Silver Jewelry they lack the trust. But there are companies offering Sterling Silver Jewelry which are 100% certified, design are unique on their own and also guide you how to maintain your Silver Jewelry. Silver Jewelry is something which looks not only beautiful on women but also goes well with men. Sterling Silver Jewelry is what we as women always look to buy these days which are in the market with semi-precious stones to match your attire. Sterling Silver Jewelry is not something been popular or been worn recently, but have been in fashion since old age. Silver Jewelry was worn by ancient women all over the body to make themselves look charming and adoring. If we talk about Turquoise Jewelry it was and this time also considered as a gem-stone to wear as per your astrologer says. But new designs engraved in Silver Jewelry have made Turquoise Jewelry favorite among people of all ages. There are all sort of turquoise stones used in Turquoise Jewelry and the cost might vary depending on the clarity, size and the metal used to design Turquoise Jewelry. Turquoise Jewelry made in silver looks more enchanting and might get costly if that is made in Gold. JNJ offers you numerous designs in Turquoise Jewelry either for you or your mom. Turquoise jewelry has been designed keeping taste and likes of all ages. When you go on surfing the net you will find Stone Jewelry and Turquoise Jewelry in lots. But you can’t trust all the sellers till you are referred by someone or have read about them. Previously, Stone Jewelry was considered to be worn only on special occasions but these days it has become so popular with use of precious or semi-precious stones that young generation love to wear Stone Jewelry that goes well with their clothes. The demand for Stone Jewelry has increased with teenagers that new Stone Jewelry designs are always there in the market. If you have enough money to spend, you can go for Stone Jewelry with precious stones, and if you have less you have options to go for Stone Jewelry made with semi-precious stones. You can also find lots of Silver Jewelry, Stone Jewelry and Turquoise Jewelry on internet at great prices which can also term them as Discount Jewelry. Buying a Discount Jewelry does not mean that those Silver Jewelry or Turquoise Jewelry or Stone Jewelry are having any manufacturing defects. Whatever Discount Jewelry you will find on jnjcollections are 100% new with no manufacturing defects. Discount Jewelry can also be used by someone interested in doing home based business. JNJ offers Discount Jewelry round the year on their website and this is something that can save you heavily when you are always looking to buy Sterling Silver Jewelry. Whatever Sterling Silver Jewelry designs are sold as Discount Jewelry, the same might be offered to you by other companies at original prices. So you are in a position to gain more buying this Discount Jewelry. So why wait for when you have the best options available to buy your favorite Sterling Silver Jewelry at best prices and with authenticity. If you miss this opportunity to buy at the prices we are offering these Sterling Silver Jewelry, you are truly missing something you might be thinking of later. For safe shopping experience of your favorite Silver Jewelry, Stone Jewelry and Turquoise Jewelry visit http://www.jnjcollections.com Read more on Are You Sure If The Silver Jewelry You Bought Was Authentic?…

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Vote of the week: Which theme parks do you wish you could visit in 2010?

By Robert Niles: Last week, I asked which theme parks you were planning to visit (or already had visited) in 2010. Here are the top 25 parks from results, with the percentage of Theme Park Insider readers who said that they were planning to visit that park: 1. Walt Disney World's Magic Kingdom 37% 2. Universal Studios Florida 35% 3. Universal's Islands of Adventure 33% 4. Epcot 33% 5. Disney's Animal Kingdom 33% 6. Disney's Hollywood Studios 33% 7. SeaWorld Orlando 20% 8. Disneyland 16% 9. Busch Gardens Tampa 16% 10. Busch Gardens Williamsburg 13% 11. Disney's California Adventure 13% 12. Cedar Point 12% 13. Kings Dominion 8% 14. Kings Island 8% 15. Hersheypark 7% 16. Universal Studios Hollywood 7% 17. Knott's Berry Farm 6% 18. Carowinds 6% 19. Dollywood 5% & nbsp; & nbsp; Six Flags Magic Mountain 5% 21. Six Flags Great Adventure 5% 22. Holiday World 4% 23. Alton Towers 4% 24. SeaWorld San Diego 4% 25. Kennywood 3% Not planning to visit any parks in 2010 4% A few interesting notes, comparing these results with the annual Top 25 attendance figures you can find on the right side of the page: The Universal Orlando parks appear to be drawing more visitors in 2010, which I suppose is to be expected with the opening of The Wizarding World of Harry Potter. Yet Universal Studios Florida still appears to be attracting more visitors than Islands of Adventure, where the new Harry Potter land will be located. The California theme parks are way down in this survey. I don't think that's because attendance will be down at those parks, indeed, initial reports have them rising in 2009 and remaining strong this year. But these results support the claim that the California parks' attendance is swelled by multiple repeat visits from locals, rather than a larger number of visitors from outside the area, as go to the other parks in the survey. Remember, we just asked if you were planning to visit a park, not how many times you were planning to visit. Annual attendance data is based on unique daily turnstile clicks, not unique head count. Kings Dominion and Carowinds are looking up this year, which reflects anticipation of their soon-to-debut "Intimidator" roller coasters, I'm sure. So let's get to this week's vote. Alton Towers was the only non-U.S. park to crack the Top 25, a reflection of the fact that more than 75 perent of Theme Park Insider's readers live in the United States. And many of those who live elsewhere come to the site looking for information on U.S. parks. But today I'd like to ask about parks outside the United States. Yes, I know that airfare costs make visiting foreign theme parks difficult, if not impossible, for many Theme Park Insider readers. But what if that weren't the case? What if the world's airlines announced a "fly anywhere in the world for $400-a-person, round-trip" sale? What theme parks would you want to visit then? So that's the assumption for this week's vote. You can fly anywhere in the world for $400 a person, round trip. You've got to pay hotel, ground transport, admission tickets and meals as always - no fantasy discounts on those. And you can take as many of those $400 trips as you want this year. (But your employer isn't giving you any extra vacation time.) Where would you want to go? Obviously, with these conditions and assumptions, I'm trying to dissuade you from clicking all the options. But I am giving you the opportunity to pick more than one park, if you'd have the money and time (and inclination to visit), given these conditions. You can click to read about most of these parks at www.themeparkinsider.com/reviews: poll by twiigs.com Please tell us more in the comments about which non-U.S. theme parks you've dreamed of visiting.

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Opera Mini 5 for Android Mobiles Now Released on Google Marketplace (Gaj-It.com)

The popular mobile browser, Opera Mini 5 for Android is now available on the Google Android Marketplace. The Opera Mini 5 offers tabbed browsing, speed dial and also provides thumbnail shortcuts to website and password … [visit site to read more] Gadget Gift Ideas If you like what you’re reading then learn more about joining our FREE newsletter [...] Opera Mini 5 for Android Mobiles Now Released... Source : Gaj-It.com (subscribe) Explore : Google

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Candida Albicans Treatments – 5 Sure Shot Tips Proven To Work Every Time!

If you’ve been struggling with Candida for longer than you care to remember, or just recently discovered it to be the culprit for all that ails you, the good news is that, either way, you can give Candida the boot. There are plenty of natural Candida albicans treatments that work very well. The trick is to find the ones that provide permanent relief. With that said, here are 5 Candida albicans treatments that are among the most popular: Olive Leaf Extract This herbal anti-fungal agent obliterates yeast and fungus of alls shapes and sizes. When going to war against the yeast, a good idea would be to supplement 3,000 mg per day. Probiotics Probiotics are beneficial bacteria that not only demolish yeast, but at the same also work to boost your immune system. Oil of Oregano This popular natural Candida albicans treatment really packs a powerful punch. It’s been touted for almost time immemorial for its ability to knock out everything from the common cold to holding back the charge of both fungal and viral infections. Keep in mind that is stuff is kind of hard to swallow – it can be a bit harsh. But that’s the source of its strength. You can’t go wrong reaching for this first at the onset of yeast infection. Garlic Effective either as a supplement or using the garlic clove itself, this is a staple in the arsenal when fighting yeast infections. Garlic works much the same way as oregano, and can also be almost unbearable to take orally – in other words; it smells rank and burns going down. Once it’s down, though, the yeast have to deal with it – and their chances aren’t good! Grapefruit Seed Extract Grapefruit seed extract is one the best and most versatile Candida albicans treatments. A naturally potent anti-fungal agent, it can be diluted in water and applied directly to the affected areas, drank in the same manner, or even used in the washing machine to kill germs and bacteria on your clothes. For cases of thrush, or yeast infections in the mouth, it can be used in a liquid dropper, from which you add to drinks and gargle. While all of these Candida albicans treatments do a great job, none of them have the ability to eliminate the Candida albicans for good. Why? Because these treatments don’t have the ability to get to the deepest levels of the body where the yeast spores are allowed to remain dormant, only to flare up again down the road. To get a job like this done, you’re going to need a treatment with a bit more of a kick to it To learn about a safe, quick, and natural Angular Cheilitis Treatment, all you have to do is visit the Angular Cheilitis site to learn how to permanently cure this condition. Read online: Candida Albicans Treatments – 5 Sure Shot Tips Proven To Work Every Time!

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iPhone 4G to be Named iPhone HD? Apple Leaked Video? (Gaj-It.com)

According to a new commercial revealed on YouTube, the highly anticipated and rumoured iPhone 4G may actually be named the iPhone HD. The video shows the new phone with a … [visit site to read more] Gadget Gift Ideas If you like what you’re reading then learn more about joining our FREE newsletter here. Lucky readers will win [...] iPhone 4G to be Named iPhone HD? Apple Leaked Video? is a post... Source : Gaj-It.com (subscribe) Explore : Apple, Computers, iPhone

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BridgeHead Software Research Reveals: Healthcare IT Professionals Investing in Electronic Patient Record Systems Resiliency

BridgeHead CEO says Vendor-Agnostic Healthcare Data Management (HDM) and Healthcare Storage Virtualization (HSV) Can Make IT Managers' EPR Resiliency Dreams a Reality World of Health IT, Barcelona - 15th March 2010 - Preliminary results from the BridgeHead Software Data Management Healthcheck survey suggest health IT managers are looking for resilient solutions for managing their electronic patient record (EPR) systems that can grow and evolve as their organisations' storage needs change over time. Respondents to the survey, which is still underway at http://www.bridgeheadsoftware.com/hdm-survey, said their top three spending priorities for the next 12 months were backup (including business continuity and disaster recovery) (46.2%), Picture Archiving and Communication Systems (PACS, 38.5%), and archiving (36.5%). Other answer choices included digitizing paper records (34.6%), server virtualization (30.8%), storage virtualization (19.2%), cloud storage (11.5%) and green IT (7.7%). Tony Cotterill, CEO of BridgeHead Software, said the results indicated "a professional understanding of the complexities of migrating from paper to electronic patient records in the modern healthcare environment. Backup and archiving are fundamental to any data management strategy, so it's clear that health IT managers are doing their homework before starting the EPR migration process." Cotterill added that BridgeHead Software's vendor-agnostic healthcare data management (HDM) and healthcare storage virtualization (HSV) suite has helped over 1,000 hospitals take control of their data by creating fully integrated and interoperable platforms for viewing and accessing electronic patient records. "Healthcare storage virtualization [HSV] helps hospitals realise the full potential of electronic patient records systems because HSV empowers hospitals to meet their growing storage needs without compromising on current hardware brand or media type," explained Cotterill. "HSV separates applications from the storage device, allowing multiple applications to tap into the same resources and increasing overall utilization of the storage resource." Cotterill added, "Vendor-agnostic solutions for HDM and HSV free hospitals to negotiate better service contracts on better terms with their application and storage vendors, hence making the most of their current storage infrastructure and systems investments." Preliminary findings from the Data Management Healthcheck also confirmed the existence of a growing healthcare data burden. A majority of respondents said they expected their data volumes to increase by up to 25 percent over the next year, and a whopping 90 percent said over half of the data contained within their organisations was over six months old. "Although backup is one of the keys to an effective and efficient data management strategy, it is by no means a catch-all solution," said Cotterill. "The integrated, vendor-agnostic HDM and HSV approach puts hospitals back in control of their clinical data, freeing them from supposed obligations to their imaging and storage vendors while enabling them to deliver quicker, more efficient, and better informed healthcare at the same time as reducing costs within the hospital." Press briefings Journalists, bloggers and analysts attending World of Health IT are invited to register for a press briefing to discuss the research, its healthcare storage virtualization and its European expansion plans with CEO Tony Cotterill or other available BridgeHead Software spokespeople. If you would like more information or to schedule a briefing, please do not hesitate to contact Rose Ross at rose@omarketing.co.uk or on-site at +44 7976 154597 Data Management Healthcheck 2010 To request additional information or sign up to receive an executive summary of the research when it is completed, please contact Rose Ross at rose@omarketing.co.uk (ends) Media Contacts UK and EMEA Rose Ross Omarketing +44 208 255 5225 +44 7976 154597 rose@omarketing.co.uk www.twitter.com/Rose_at_O www.twitter.com/Omarketingnews US Elizabeth S. Glaser Dodge Communications 770-576-2551 eglaser@dodgecomunications.com About BridgeHead Software - www.bridgeheadsoftware.com BridgeHead Software is the leading provider of Healthcare Storage Virtualization (HSV) technology, providing backup, recovery, and archiving solutions to over 1,000 hospitals worldwide. BridgeHead HSV enables organizations to eliminate data silos and separate applications from storage. A storage- and vendor-agnostic approach, BridgeHead HSV provides customers with a scalable platform that works with their current and future systems infrastructure. To learn more about BridgeHead Software, visit http://www.bridgeheadsoftware.com. About Healthcare Storage Virtualization (HSV) Healthcare Storage Virtualization (HSV) gives IT the power to say "yes" to the growing storage needs of the organization at large by creating a flexible storage management framework that separates the application from the storage device, allowing multiple applications to tap into the same resources, thereby increasing overall resource utilization. HSV creates common pools of shareable storage hardware that can be accessed as needed, regardless of the application or data type. Healthcare Storage Virtualization is a scalable solution that supports your healthcare data management challenges over time. HSV enables you to focus on solving your highest-priority problem first (e.g., implementing a vendor-neutral DICOM archive) while establishing a platform that positions you to address other issues (e.g., email archiving) as your time and budget allows. HSV puts you in control. Your data, your storage, your choice. World of Healthcare IT, Booth 831 Media Contact: Rose Ross, +44 7976 154597 read more

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Bhagwan Chowdhry's FAB Campaign Aims to Put $100 in Bank Account for Every Baby

Bhagwan Chowdhry, a Professor of Finance at UCLA's Anderson School, outlines his organization's mission to give every newborn in the world access to financial legitimacy. The most stunning part of the FinancialAccess@Birth (FAB) campaign isn't the remarkable impact that participants would get from a mere $100 starting balance or even the GNP metrics envisioned to fund this campaign, its the idea that this could help erase poverty. Here's the organization's plan in full. The FAB Campaign, by Bhagwan Chowdhry, Joshua Coval, Paul Hudnut, Vijay Mahajan, and Peter Singer Imagine putting your life savings into a piggybank or under your mattress. That would be crazy, since neither offers much security, nor any interest to make the account grow. Yet, nearly half of the world's population does not have access to any formal financial services. Their savings are kept in small jars or trunks, or through a patchwork of informal methods. Nandini, a village woman in India who deposits 5 rupees every day for 220 days with her village deposit collector, only accumulates 1000 rupees after 220 days--an astonishing APR of minus 30%, notes Stuart Rutherford in his book "The Poor and Their Money." If Nandini had access to a simple bank savings account that paid a modest interest rate of 4% per annum, she would have instead saved 1113 rupees. This loss of 113 rupees may not appear to be significant, but consider the following scenario. Her young daughter, Krupa, gets ill and needs life saving medication which costs 100 rupees. If she does what any desperate mother would do, she may have to pay 5% a day to the local moneylender paying him 150 rupees month after month and still continuing to owe him 100 rupees. Lack of access to formal financial services, forces Nandinis of our world into a cycle of constant indebtedness, preventing them from building up household resources for security or investment, and perpetuating their poverty. The emergence of the microcredit industry, with innovators such as Grameen Bank in Bangladesh, ACCION in Latin America and more recently Kiva in cyberspace, has begun to address the issue of financial services for the poor. But microcredit is only one piece of the puzzle of financial inclusion, and while these early leaders provide inspiring examples, they help only a small fraction of the world's poor. The poor also suffer because they are inadequately insured against unanticipated shocks and contingencies caused by events such as illness or death of a family member, and natural calamities such as floods, droughts or earthquakes. Any security provided by savings and assets is grossly compromised for the poor who are excluded from the formal economy, as emphasized by Hernando DeSoto and former U.S. Secretary of State Madeline Albright in a recent U.N. report. Even during catastrophic events, such as tsunamis, earthquakes, floods and droughts, attempts to provide social insurance in the form of aid and charity are often inadequate and inconsistent. What is required to bring billions into the formal economy, and start them on the path out of poverty? We believe there is a relatively simple solution. It isn't easy and it isn't fast, and we need your help. But the proposal is feasible, and comprehensive enough that it will lead to financial inclusion for every child and young adult by 2030. We propose that starting November 11, 2011 (11/11/11), every child born in this world will start life with a Financial Access at Birth (FAB) bank account. The opening of these "FAB" bank accounts would be integrated with the official birth registration process and perhaps with electronic banking. Governments, with the help of institutional/individual donors will make a deposit of US$100 in each FAB account. This will entice parents into registering the birth of every child. An initial deposit of $100 could significantly change lives for people in poor countries. The deposit cannot be withdrawn until the child reaches an age of 16 - preventing a parent or another adult from misusing the money. Use of new technology, such as biometric identity systems, could further minimize the possibility of fraud and manipulation. How much will it cost and where will the money come from? Currently, 134 million children are born worldwide each year. Assuming that 25% of parents will voluntarily forgo the initial $100, this would require a funding of $100 per child for approximately 100 million children every year, which amounts to a total of $10 billion. It would seem sensible to require the host governments to share part of this burden themselves. This could be managed by a multilateral agency such as the United Nations Children's Fund (UNICEF) in which all member countries could contribute an amount that is proportional to their GNP and would receive a transfer that is proportional to the number of children born in that country. The total requirement per year of $10 billion is about one-fiftieth of one percent of the world GNP of about $50 trillion, and this would be the contribution level for each country. So, for instance, Rwanda with a GNP of nearly $4 billion would contribute less than one million dollars, and would receive a transfer of nearly $30 million for FAB accounts of nearly 300,000 children born every year. India with a GNP of nearly $1 trillion would contribute $200 million and receive $2.5 billion for FAB accounts for nearly 25 million children born in India every year. Developed nations such as the United States with a GNP of $14 trillion would contribute less than $3 billion - raised by a partnership between the government, private banks, and charitable giving - for FAB. These amounts would require prioritization, but are within the ballpark of many other development initiatives. Once the FAB account is set-up, a number of useful benefits become feasible. Relatives, private donors, other social organizations could design plans in which regular payments are made to FAB accounts to provide for education, training, health-care. Imagine that, at the time of Krupa's birth, Nandini opens a FAB account for her. A retired teacher in Germany might like to sponsor Krupa's school fees for middle school. By using the FAB account, this can happen easily, with the bank transferring payments directly to the school. Imagine further that your teenage daughter Emily decides to contribute $10 a month for Krupa for her college education. Krupa's initial $100 deposit plus a $10 a month contribution from Emily accumulates interest until Krupa turns sixteen. At a (real) interest of 4% a year, Krupa would have accumulated nearly $3000 or Rupees 150,000 that can pay for her college education in India. Another direct mechanism could be to pledge a small amount every time those who wish to give use a credit card. Supported by electronic banking, these transfers could occur automatically, at very low cost, and at limitless scale. The interest earned on the initial deposit could either be reinvested or used for providing critical services such as immunization, health-insurance or catastrophe insurance. Perhaps most importantly, delivery of aid or charity in times of emergency can be targeted to individuals and communities in affected areas. When FAB accounts are integrated with mobile telephony, those to whom the aid is directed, such as Krupa and her mother Nandini, could withdraw (only) emergency funds donated by private citizens or aid agencies, or direct payments to the FAB account from catastrophe insurance, in time of need almost immediately and without any slippage or loss that is often associated with traditional aid. This would require a serious commitment and coordination among many. Governments will have to agree to fund the initiative and allow the official birth registration process to be integrated with setting-up online bank accounts. Banks would have to do their part and determine business models to implement such accounts. Technology companies will have to develop and provide the necessary hardware and software support. The telecom industry will have to integrate mobile banking with telecom services using mobile phones. Civic and charitable organizations will have to assist with financial education and enrollment systems that would make it simple for individuals to participate in making donations and sending targeted aid. Furthermore, we would need to ensure that funds are transferred in their entirety to the recipients, which means that institutions involved must agree to bear additional administrative and transactions costs as acts of corporate social responsibility. All of the required pieces to make this happen, in fact, exist today. Korea, Singapore, Canada and the U.K. have all tried opening bank accounts at the time of birth. Individual Development Accounts (IDAs) in the United States, pioneered by Michael Sherradan, provide mechanisms to match, through a variety of government and private sector sources, savings accounts of low-income families. India is embarking on an ambitious unique identification program (UID), headed by Nandan Nilekani, a co-founder of Infosys, for its entire resident population, using biometric technology. Online access for banking is the norm in many countries. Mobile banking using cell-phones has arrived in Kenya, Philippines and other countries. Organizations such as Kiva and United Prosperity have made it easy to identify people in need, and companies such as Paypal make transfer of even small amounts of money easy and instantaneous. Large amounts of financial aid from rich to poor countries already occur though organizations such as the World Bank. The time has come to integrate all of these together and provide financial access to every child that is born in the world. The idea is simple, transparent and universal. Many details need to be worked out. We invite the world community to come together to work on the implementation challenges, think creatively and persuade each other on the simplest ways to achieve various parts of the concept. You can support the FAB Campaign by visiting the Web site FABCampaign.org and signing your name. We urge leaders of technology and telecom companies, banks, non-profit foundations, microfinance institutions and government and multilateral agencies to support and join the FAB Campaign team by writing to us through the FABCampaign.org Web site. The FAB Campaign team will study the implementation of the idea by identifying a country or two to get started, and showing that this can work. For instance, it would take $30 million a year to get every child born in Rwanda a FAB account. Let's make financial security a reality for Nandini and billions just like her. Let's put our resources to work and help the poor gain another foothold on the slippery path out of poverty. To read more about the names behind the FAB Campaign, and to include yours visit FABCampaign.org

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Nason Says Lack of GSE Rules `Big Hole' in Dodd Bill: Video

(Please visit the site to view this media) March 15 (Bloomberg) -- David Nason, managing director at Promontory Financial Group, talks with Bloomberg's Margaret Brennan about the outlook for legislation to overhaul financial regulation. Senate Banking Committee Chairman Christopher Dodd, a Connecticut Democrat, will unveil an overhaul bill today without Republican backing. (Source: Bloomberg) ...(read more) Forward this article via email: Send a copy of this story to someone you know that may want to read it.

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