BoE says it can’t predict slumps as Posen warns of more pain to come

first_img BoE says it can’t predict slumps as Posen warns of more pain to come KCS-content Wednesday 27 October 2010 8:52 pm THE Bank of England cannot predict major recessions with any “precision”, the deputy governor admitted yesterday. Conceding that the Bank failed to forecast the “great contraction” of 2008 and 2009, Charles Bean said that only policy-induced recessions, such as those introduced to reduce inflation, were predictable, while in other cases the best policymakers can hope for is to “be more alert to the vulnerabilities” building up to a crisis.Bean’s frank comments to the Royal Statistical Society came as fellow MPC member Adam Posen warned of further pain ahead for the UK economy. In an interview with The Times, Posen said that the coalition’s deficit-cutting plans will deliver a “material” hit to British economic growth over the next two years. whatsapp Show Comments ▼center_img whatsapp Share by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMisterStoryWoman Files For Divorce After Seeing This Photo – Can You See Why?MisterStoryTotal PastThe Ingenious Reason There Are No Mosquitoes At Disney WorldTotal PastSerendipity TimesInside Coco Chanel’s Eerily Abandoned Mansion Frozen In TimeSerendipity Timesmoneycougar.comThis Proves The Osmonds Weren’t So Innocentmoneycougar.comTaonga: The Island FarmThe Most Relaxing Farm Game of 2021. No InstallTaonga: The Island FarmAlphaCute30 Rules That All “Hells Angels” Have To FollowAlphaCutethedelite.comNetflix Cancellations And Renewals: The Full List For 2021thedelite.comReporter CenterBrenda Lee: What Is She Doing Now At 76 Years of Age?Reporter CenterZen HeraldNASA’s Voyager 2 Has Entered Deep Space – And It Brought Scientists To Their KneesZen Herald More From Our Partners Russell Wilson, AOC among many voicing support for Naomi Osakacbsnews.comKiller drone ‘hunted down a human target’ without being told tonypost.comPolice Capture Elusive Tiger Poacher After 20 Years of Pursuing the Huntergoodnewsnetwork.orgA ProPublica investigation has caused outrage in the U.S. this weekvaluewalk.comBiden received funds from top Russia lobbyist before Nord Stream 2 giveawaynypost.comBrave 7-Year-old Boy Swims an Hour to Rescue His Dad and Little Sistergoodnewsnetwork.orgFlorida woman allegedly crashes children’s birthday party, rapes teennypost.comNative American Tribe Gets Back Sacred Island Taken 160 Years Agogoodnewsnetwork.orgAstounding Fossil Discovery in California After Man Looks Closelygoodnewsnetwork.orgInside Ashton Kutcher and Mila Kunis’ not-so-average farmhouse estatenypost.comSupermodel Anne Vyalitsyna claims income drop, pushes for child supportnypost.comI blew off Adam Sandler 22 years ago — and it’s my biggest regretnypost.comUK teen died on school trip after teachers allegedly refused her pleasnypost.comFeds seized 18 devices from Rudy Giuliani and his employees in April raidnypost.comMark Eaton, former NBA All-Star, dead at‘Neighbor from hell’ faces new charges after scaring off home buyersnypost.com980-foot skyscraper sways in China, prompting panic and evacuationsnypost.comMatt Gaetz swindled by ‘malicious actors’ in $155K boat sale Tags: NULLlast_img read more

House in the Woods / Alma-nac

first_imgArchDaily Projects ShareFacebookTwitterPinterestWhatsappMailOr Clipboard KR Garden Design United Kingdom CopyAbout this officeAlma-nacOfficeFollowProductsWoodStone#TagsProjectsBuilt ProjectsSelected ProjectsResidential ArchitectureHousesHampshireUnited KingdomPublished on May 08, 2017Cite: “House in the Woods / Alma-nac” 08 May 2017. ArchDaily. Accessed 11 Jun 2021. ISSN 0719-8884Browse the CatalogAluminium CompositesTechnowoodHow to Design a Façade with AluProfile Vertical ProfilesRailing / BalustradesMitrexIntegrated Photovoltaic Railing – BIPV RailingMetal PanelsAurubisCopper Alloy: Nordic RoyalShelvingZeitraumWardrobe – Hide & ParkSignage / Display SystemsGoppionDisplay Case – Qd-ClassConcrete FloorsSikaIndustrial Floor CoatingsStonesCosentinoSurfaces – Silestone® Stone SeriesWindowsOTTOSTUMM | MOGSWindow Systems – FerroFinestra W20Panels / Prefabricated AssembliesULMA Architectural SolutionsMIS Facade PanelUrban ShadingPunto DesignPavilion – TentChairsInterstuhlConference Chair – Low With CastorsWoodreSAWN TIMBER co.Pre-Weathered Wood CladdingMore products »Save世界上最受欢迎的建筑网站现已推出你的母语版本!想浏览ArchDaily中国吗?是否翻译成中文现有为你所在地区特制的网站?想浏览ArchDaily中国吗?Take me there »✖You’ve started following your first account!Did you know?You’ll now receive updates based on what you follow! Personalize your stream and start following your favorite authors, offices and users.Go to my stream Pegasus Builders Year:  House in the Woods / Alma-nac House in the Woods / Alma-nacSave this projectSaveHouse in the Woods / Alma-nac ShareFacebookTwitterPinterestWhatsappMailOr Clipboard Architects: Alma-nac Area Area of this architecture project 2016 Integration “COPY” Houses Manufacturers: Kingspan Insulated Panels, EcoChoice, Edenhall, L2i, Velfac Heyne Tillett Steel Structural Engineer: Photographs:  Jack Hobhouse Manufacturers Brands with products used in this architecture project Services Engineer: Landscape Designer: Main Contractor: Photographs CopyHouses•Hampshire, United Kingdom Quantity Suveyor:NewtonwoodSi Ps Specialist:[email protected] In Charge:Tristan WigfallCity:HampshireCountry:United KingdomMore SpecsLess SpecsSave this picture!© Jack HobhouseRecommended ProductsWindowsFAKRORoof Windows – FPP-V preSelect MAXDoorsVEKADoors – VEKAMOTION 82DoorsLinvisibileLinvisibile Curved Hinged Door | AlbaWoodAccoyaAccoya® Cladding, Siding & FacadesText description provided by the architects. Located in an area of outstanding natural beauty, within the South Downs National Park, the new house sits on the site of a bungalow that had been in the family for over sixty years. It was important to our client that something of this building’s simple shape would be retained while creating a contemporary home. Together with our client, we wanted to make the most of the views out to the landscaped garden and the South Downs beyond and a connection with the outdoors was essential. This is largely achieved through extensive glazed openings as well as the direct access to the gardens from the living and dining spaces.Save this picture!© Jack HobhouseThe 240 square metre building’s discrete form takes inspiration from the previous bungalow appearing on approach as a single storey dual pitched building, hunkered down behind a planted bank. The communal or social spaces of the house (living room, kitchen, dining room) are located to the southern end of the building. The living room spans the full width of the building and punctuates the western elevation with full height glazing. A large fireplace creates a natural divide between the living room and the kitchen/dining area, with elevated ceilings that follow the dual pitch of the roof. The bedroom accommodation is all located to the more private northern end of the building where the symmetrical roof becomes asymmetrical, housing a first floor level for the master bedroom and studio/guest bedroom. The changing roof form reduces the perceived scale of the building as a whole.Save this picture!© Jack HobhouseOur brief was for a five-bedroom home that could be as comfortably inhabited when it was under full occupancy (it sleeps up to 10) as it would be during single occupancy by our client. Concealed full height sliding partitions to create additional bedrooms were one of the ways we achieved this type of adaptability. The more significant step in keeping the house from feeling too big was the decision to enable our client to effectively separate off the ground floor guest bedrooms, transforming the house from a 5 bed house to a 1 bed house with studio and study. And finally heating is zoned allowing for areas of the house to be controlled independently depending on whether these are in full use or not.Save this picture!© Jack HobhouseSave this picture!Ground floor planSave this picture!© Jack HobhouseConstructed using SIPs (Structurally Insulated Panels) technology, panelised construction far out-performs timber frame methods both in terms of thermal efficiency and air tightness of the completed structure. The panels are storey-height walls of rigid insulation lined each side with timber skins that perform structurally to carry the building loads. The superstructure of the building was delivered to site on two lorries and erected over a period of 10 days creating a weather tight shell within which to work. Once the superstructure was erected, doors and windows were installed into factory prepared openings in the panels. The completed construction, after all wall/floor junctions are sealed, is super air tight as well as being super thermally insulated. Save this picture!© Jack HobhouseSave this picture!Exploded SIPS constructionSave this picture!Project gallerySee allShow lessAIA Announces Winner of 2017 Latrobe PrizeArchitecture NewsAperture House / Stu/D/OSelected Projects Share Area:  240 m² Year Completion year of this architecture project “COPY” Save this picture!© Jack Hobhouse+ 28 Sharelast_img read more

Peace funding consultation announced for Northern Ireland and border regions

first_img  371 total views,  2 views today About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of Researching massive growth in giving. Peace funding consultation announced for Northern Ireland and border regions  372 total views,  3 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis4 Advertisement AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis4 Howard Lake | 26 November 2019 | News Tagged with: Funding Northern Ireland peace The Special EU Programme Body (SEUPB) has announced details of its PEACE PLUS consultation which will succeed previous major funding streams in Northern Ireland and the border regions.PEACE PLUS will fund activities that promote peace and reconciliation and contribute to the cross-border economic and territorial development of the region. It will build upon previous PEACE and INTERREG Programmes, such as the €270 million PEACE IV Programme.The PEACE Programme was initially created in 1995 as a direct result of the EU’s desire to make a positive response to the paramilitary ceasefires of 1994. Whilst significant progress has been made since then, the EU said there remains a need to improve cross-community relations and where possible further integrate divided communities. The current programming period runs to 2020.Among the projects to have benefited from PEACE funding in the past are the £14.5 million Peace Bridge in Derry and programmes supporting victims of the troubles, young people and shared spaces.Earlier in the year former Secretary of State Karen Bradley announced a £300 million funding package from the government for the joint EU-UK PEACE Plus programme. The programme also includes a further £109m from the EU – bringing the total funding package to £409m – and will support projects from 2021 to 2027.A series of information events are taking place between December 2019 and February 2020, running from 6pm-8pm, with registration from 5.30pm. Interested in participants can register from the SEUPPB site.The stakeholder engagement process will start on 10 December 2019 and end on 25 February 2020. Events will take place throughout Northern Ireland and the border counties.last_img read more

Pre And Post-Summons Online Mediation, Summons Via SMS/WhatsApp, Disclosure Of Defence Before Trial [Read Amici Reports On Fast Disposal Of Cheque Cases]

first_imgTop StoriesPre And Post-Summons Online Mediation, Summons Via SMS/WhatsApp, Disclosure Of Defence Before Trial [Read Amici Reports On Fast Disposal Of Cheque Cases] LIVELAW NEWS NETWORK28 Oct 2020 6:52 AMShare This – xSenior Advocate Sidharth Luthra and Advocate K Parameshwar, the amici curiae appointed by the Supreme Court to suggest steps to expedite the trial of cheque dishonour cases under Section 138 of the Negotiable Instruments Act, have submitted a preliminary report before the SC on October 11.Yesterday, a bench headed by the Chief Justice of India sought the responses of all High Courts to…Your free access to Live Law has expiredTo read the article, get a premium account.Your Subscription Supports Independent JournalismSubscription starts from ₹ 599+GST (For 6 Months)View PlansPremium account gives you:Unlimited access to Live Law Archives, Weekly/Monthly Digest, Exclusive Notifications, Comments.Reading experience of Ad Free Version, Petition Copies, Judgement/Order Copies.Subscribe NowAlready a subscriber?LoginSenior Advocate Sidharth Luthra and Advocate K Parameshwar, the amici curiae appointed by the Supreme Court to suggest steps to expedite the trial of cheque dishonour cases under Section 138 of the Negotiable Instruments Act, have submitted a preliminary report before the SC on October 11.Yesterday, a bench headed by the Chief Justice of India sought the responses of all High Courts to the preliminary report of the amici in the suo moto case ‘In Re :Expeditious Trial of Cases Under Section 138 NI Act’.Some of the key suggestions made by the amici curiae are as follows :Banks be asked to provide contact details of drawer of the cheque in the dishonour slipThe amici noted that many cases remained pending due to the inability to serve summons on the accused. More than 51 percent of the cases relating to cheque bounce are pending in the courts because of the solitary reason of non-presence of the accused.To reduce this difficulty, the report has suggested that the banks be directed to provide the phone number and e-mail address of the drawer of the cheque in the dishonour slip.”Given the fact that significant percentage of the cases are pending at the stage of service of summons, due to lack of current address and whereabouts of the Accused, it would be expedient to direct that Banks, while issuing a dishonour slips, under Section 146, to disclose the current mobile number, email address and postal address of the drawer of the Cheque”. Electronic means to serve summonsService of summons may be effected through SMS, WhatsApp, on the mobile number, email and postal address of the Accused. The Union of India, the Reserve Bank of India and the Indian Banks Association ought to create a Nodal Service Agency for effective service of summons through electronic processes. The e-committee of the Supreme Court may also be consulted in this regard.Encourage pre-litigation mediationThe Lok Adalats under the Legal Services Act, 1987 ought to be empowered to conduct prelitigation mediation under Section 19(5) of the said Act in respect of cases under Section 138 NI Act.  The report suggests that legislative amendments might be required to the Negotiable Instruments Act, 1888, as there is a strict statutory timeline given for issuing notice, filing of complaint etc. Mediation may not be possible within such a short span of time.”…in the case of Section 138, legal complications could arise due to the period of one month, prescribed under Section 142, for taking cognisance of the offence after the cause of action has arisen under Clause(c) to the Proviso to Section 138. In other words, pre-litigation mediation notices and the process would have to be completed within the said one month in order to comply with the period under Section 142. Therefore, in our considered opinion, unless and until suitable legislative amendments are made to the Negotiable Instruments Act, 1881, it may be difficult to effectively implement pre-litigation mediation in cases under Section 138″, the report said. Till such a legislative intervention is made, the Magistrates could while issuing summons, direct the parties to resort to post-summons but pre-trial mediation. In such cases, the summons may reflect a date for mediation and also a date for trial. A Standard Operating Procedure for post-summons mediation will have to be developed in consultation with the relevant stakeholders keeping in mind that the mediation is time-bound, cost-effective and does not become another tool in the hands of the Accused to delay the trial. Attach bank accounts of absconding accusedIf the person against whom a warrant has been issued has absconded or has concealed himself such that the warrant cannot be executed, Magistrates could order attachment of the bank accounts of the Accused to the extent of the cheque amount by passing an order under Section 83, CrPC.Accused be asked to reveal the nature of defence before trial to avoid trial of frivolous casesThe Accused ought to be directed to disclose the nature of his defence before the trial is converted from a summary trial to a summons trial. This requirement ensures that the Accused is not permitted, for frivolous reasons, to prolong the trial.The Magistrate ought to, while converting the case into a summons trial, record cogent and sufficient reasons for exercise of its discretion. The exercise of this discretion ought to be preceded by an order directing the Accused to not just disclose his plea in relation to the offence but also to disclose the grounds of his defence.”It must be noted that under Section 251 of the Code of Criminal Procedure, 1973, the Magistrate is empowered, in summons cases, to enquire from the Accused, the nature of his defence. Therefore, it would be logical that the Accused is directed to disclose the nature of his defence before the trial is converted from a summary trial to a summons trial. This requirement ensures that the Accused is not permitted, for frivolous reasons, to prolong the trial”, the report stated.Legislative amendment to Section 219 CrPC to enable joint trial of multiple cases arising out of the same transactionThe amici said that their experience has shown that a single financial transaction may lead to the dishonour of multiple cheques. However, under Section 219, CrPC, only 3 offences and therefore, the dishonour of only 3 cheques could be tried together.A legislative amendment may be required to address this issue of multiplicity of proceedings where cheques have been issued for one purpose but multiple complaints, summons and trials have to be undertaken. Until the statutory amendments are in place, the Supreme Court may issue directions under Article 142 of the Constitution to High Courts to amend their Criminal Rules of Practice (by whatever name called) to ensure that complaints arising out of the same transaction, but resulting in dishonour of multiple cheques be clubbed together and a common process evolved for service of summons and joint trialHigh Courts to prepare a scheme for expeditious trial of cases under their jurisdictionAll the High Courts may be directed to prepare and submit a draft scheme to be executed in their jurisdiction with regard to expeditious disposal of cases relating to Section 138. The scheme must also contain specific measures to be taken to identify cases under Section 138 and fast-track their trials. Apart from this, the scheme must contain goals in respect of cases that have been pending for three bloc-periods viz., pendency for two to four years, four to six year, six years and above.The High Courts must also be directed to formulate a scheme for online mediation of pending cases at the trial/appeal/revisional stages so that pending cases could be effectively disposed off. In fact, this scheme may act as a guide for pre-summons mediation to be adopted through an online platform rather than summon the Accused physically, for the purposes of mediation. The High Courts must be directed to identify the technical platform and other resources required in this regard. The High Courts may also consider mediation on non-working days and hours so that court processes are not affected.Pending cases under Section 138 before this Hon’ble Court may also be directed to be placed for online mediation after obtaining consent of the parties and lawyers before they are disposed off on merits. Settle the question  on applicability of Section 202 CrPC The amici said that it is desirable that the applicability of Section 202 of Cr. PC, in regard to the amendment carried out by Act 25 of 2005, to cases under Sectoin 138, NI Act, be judicially settled by the Supreme Court. The aforesaid amendment mandates that the Magistrate shall postpone the issue of process against the Accused, if the Accused is residing in a place beyond its territorial jurisdiction, until an enquiry is made for the purpose of deciding whether there are sufficient grounds for proceeding. The SC in K S Joseph v. Philips Carbon Black, left this question open to be decided in an appropriate case.”Invariably, in cases under Section 138, NI Act, the cheque is presented in a territorial jurisdiction where the Accused does not ordinarily reside. This, coupled with the fact that Section 142(2) of the NI Act, as amended by Act 26 of 2015, results in the Accused being resident outside the jurisdiction of the summoning Magistrate. The High Courts have taken conflicting views as regards the applicability of this procedure to cases under Section 138, NI Act. Since a large number of cases are pending across the country awaiting a final word in this regard and the trials are invariably stayed on this ground, it might be desirable that this Hon’ble Court settle this question of law, which has serious ramifications for issues of pendency”, the report said. On exclusive courts for NI Act casesUnless the idea of exclusive courts is backed by a comprehensive plan from the Union to fund setting up of exclusive courts, and an action plan is worked out to appoint Magistrates(for trials) & judges (for appeals) for such courts, diverting existing resources would burden the system, the amici opined.The report also mentioned that the Central Government had invited suggestions last June on the decriminalization of cheque dishonour cases.In this connection, the report stated :”In our opinion, it would be profitable to await the completion of this exercise by the Union and suggestions in this regard may be directed to the Union Government. Any discussion in a judicial forum as regards the desirability of decriminalisation of cheque dishonour would pre-empt legislation, which would not be desirable”.Click here to download the preliminary report of the amici curiaeRead the preliminary report of the amici curiaeNext Storylast_img read more

O.C. Fishing Club to Host Tournament

first_imgOcean City Fishing Club’s 51st Surf Fishing Tournament is Oct. 26. (Photo courtesy O.C. Fishing Club) More than 175 anglers are expected to line the beaches Saturday, Oct. 26, to participate in the Ocean City Fishing Club’s 51st Invitational Surf Fishing Tournament.Ed Parkinson, OCFC’s tournament chair, said the annual event draws teams from fishing clubs throughout the tri-state area, but is open to individuals as well. He expects more than 28 clubs with six-member teams, and upwards of 15 individuals to participate in the tournament, which is held in coordination with the Association of Surf Angling Clubs.“Even if someone doesn’t belong to a fishing club, they can register on the morning of the tournament and we’ll put them together with other individuals to create a fishing team,” he said.Registration for the tournament will take place from 5:30 a.m. to 7 a.m. at the Ocean City Primary School, 550 West Ave., a new location this year. In the past, tournament headquarters was at the Intermediate School. It costs $65 for a six-member team, while individuals can enter for $15.When they arrive, anglers will be assigned a different beach location for each of two fishing sessions. The first will take place from 7 a.m. to 9:30 a.m. After a half-hour break to move to their next designated area, anglers will then fish from 10 a.m. to 12:30 p.m. Afterwards, participants will return to the Primary School for a free lunch, door prizes and trophy presentations.The tournament will span beaches from 23rd to 40th Streets, using vehicle access points at 23rd and 34th Streets, Parkinson said.“Thanks to our police department, anglers will be issued free one-day beach driving permits,” Parkinson said. “Also, thanks to all of the individuals and businesses that contributed services and prizes for the tournament. We’ve got everything from certificates for dinners, hotel stays, and gift baskets, to all kinds of fishing gear, like custom rods, reels and fishing carts.”Registration and payment may also be completed by mail to: OCFC, Attn: Tournament Chairman, P.O. Box 1215, Ocean City, N.J. 08226For more information, contact Ed Parkinson at 215-680-6652 or [email protected]last_img read more

Pork Farms in teamwork

first_imgSavoury pastry product specialist Pork Farms has teamed up with Peperami and Branston to launch a number of co-branded recipes.The new partnerships will see a Spicy Hit sausage roll with Peperami, as well as two Pickle Hit sausage rolls one with Branston Pickle and cheese and one with Branston Pickle and sausage meat, available from mid-March. The firm is also launching a Pork and Branston Pickle Pork Pie.Pork Farms general manager, Nigel White said the firm felt the sausage roll market was in need of a “new image”.”Our plan for 2010 was to hit the market hard with an innovative, fresh new range that would invigorate and grow the category,” he explained.”Our new co-brand products aim to broaden consumer appeal and drive a new and younger audience to the fixture.”The sausage rolls will be available in both King Size (133g) and a six-pack of Snack Sausage Rolls (210g) for £1.29 and £1.49 respectively. The pork pie will be available in a four-pack of Snack Pork Pies for £ read more

Roberts Bakery funds breast cancer charity

first_imgThe proceeds from a recent ball hosted by Roberts Bakery in aid of The Genesis Breast Cancer Prevention Appeal will help to fund a major study in to genetic factors that could cause breast cancer.The ball, which was held at Cranage Hall in Holmes Chapel in September, raised £23,000 for Genesis – a charity dedicated to the prevention of breast cancer. The money will fund the first year’s work of PhD researcher Franchesca Gifford and provide state-of-the-art PCR equipment for the study into genetic variants and breast density. These are both believed to be factors that can cause breast cancer.The three-year study, which will be undertaken at the School of Biomedicine at the University of Manchester and will involve 10,000 women, aims to work out which genetic variants are linked to breast tissue density and breast cancer. Roberts Bakery’s Lindsay Occleston Roberts said: “I am absolutely delighted that the proceeds from the ball have contributed towards such a vital and groundbreaking piece of research. I myself was diagnosed with breast cancer in 2009, so I am extremely enthusiastic about this study, which has the potential to predict risk and help many thousands of women avoid this awful disease in the future.”last_img read more

Listen To Lotus’ Live In-Studio Session At Pittsburgh’s WYEP Radio Station

first_imgLotus brought in the New Year in Pittsburgh, PA at Stage AE for a 2-night run on the 30th and 31st. Prior to the group’s performance on the 30th, they played a special in-studio session at local radio station 91.3 WYEP. After a brief interview, the band ran through numbers from their latest release, Eat The Light, including “Move Too Fast,” “Anti-Gravity,” “Suntan,” and “Fearless.”Lotus Heats Up Pittsburgh With Smokin’ Jam-Heavy Second Set [Setlist]Lotus has an upcoming two-night stand at Washington D.C.’s 9:30 Club on Jan. 13th-14th, followed by a number of other dates, along with a West Coast tour in February.Take a listen to the session at the WYEP 91.3 link here.Lotus – “Wax-Countdown, Sodium Vapor” Stage AE – Pittsburgh, Pa. 12/31/2016:last_img

Confessions of a Middle Aged Roadie: The Call of the Road

first_imgI swore I would never buy a road bike.While living in Charlottesville, I was an avid mountain biker, spending many an hour at Walnut Creek Park , churning out miles of single track. When I moved to the mountains of Southwest Virginia in 2004, I figured my mountain biking would continue. Oh, how I was wrong. I lived in the mountains, but the closest trail systems were over an hour away and grown up responsibilities got in the way of me traveling that far to ride.For ten years, my mountain bike’s tires gathered more dust than dirt, and still I didn’t consider buying a road bike.Then, three years ago at the age of 41, I noticed a stressing development. There was a startling correlation between my waist size and my blood pressure. My pants were fitting a bit too snugly. My doctor paused after reading my blood pressure and asked me about any family history of heart issues. These were, of course, the natural byproducts of eating and exercise habits that can only be described as barely mediocre.Something had to give and I had to get moving.It was around that time I noticed that a number of my friends were avid cyclists. I chatted them up. I weighed the pros and cons and my interest grew. And then I went back on my word and made the plunge. I cashed out some money from savings and got some great advice from my soon to be cycling buddies before settling on a Specialized road bike that I picked up from the great folks at Reedy Creek Bicycles in Kingsport, Tennessee.And I haven’t looked back.Mainly because I am always looking forward, trying to keep up with the much faster guys I ride with.That means the road hasn’t been easy. On my first ride, while climbing what had to be a summitless hill, I was convinced that I had made a serious mistake. I had wasted a lot of money. My wife was going to kill me. The next hill – and the next month of riding – only reinforced that belief. Instead of getting easy, it just got a little less miserable.But I kept at it. And the miles keep coming. I am sitting in front of the computer with aching legs, the result of  finishing a 52 mile race, complete with over 4000 feet of climbing, just yesterday. Three years ago, I would never have imagined making that statement.For a now 44 year old dad with limited time for exercise, getting that road bike has been one of the best decisions I have ever made.I am hoping that, through this blog, I can share a bit of that experience with you out there. I know that there are a lot of guys out there just like me. Guys in their forties looking for something to do to get the heart rate up and the pants size down. Guys with their dad bods that look at a lycra cycling kit and think, “Yeah, no thanks. I won’t be wearing that.” Guys with jobs and kids and soccer practices and piano recitals who are looking for a way to fit that exercise time in when life pulls them in eight different directions.I’d like to convince them that the road is calling.last_img read more

NAFCU lauds FHFA plan to wait on language-preference question

first_imgIn a move praised by NAFCU, Federal Housing Finance Agency Director Mel Watt said Monday that his agency will not add a language-preference question to its Uniform Residential Loan Application now but will take other steps to determine how best to gather such data.Carrie Hunt, NAFCU’s executive vice president of government affairs and general counsel, said NAFCU and its members greatly welcome the FHFA’s decision to do a more thorough study. “We appreciate Director Watt’s openness on this issue and look forward to continuing to work with him and the agency as it seeks to address the needs of limited-English-proficiency consumers,” Hunt said.NAFCU and seven other financial trades wrote Watt this June urging against adding a language-preference question to the URLA until compliance and legal concerns had been addressed. Fifty-four House members supported a delay in their own letter.FHFA had been looking to include a language-preference question on the new 2016 URLA so lenders could implement it in January 2018, when new Home Mortgage Disclosure Act provisions kick in. continue reading » 2SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more