Wednesday, November 28, 2012

Clock ticks on unclaimed $100M lotto prize in UK

By Ian Johnston, NBC News

Updated at 12:45 p.m. ET: LONDON - The winner of a lottery prize worth more than $100 million will lose the money if the ticket holder does not come forward in the next few days, organizers in the U.K. warned Wednesday.

Under lottery rules, the ?truly amazing? and ?staggering? prize will go to ?good causes? supported by the U.K.?s National Lottery unless it is claimed by 11 p.m. local time (6 p.m. ET) on Wednesday next week, the organizers said in a statement.

?If you play EuroMillions and think you could have the winning ticket, check in the pockets of your clothing, in wallets, bags and down the back of the sofa ? you could literally be sitting on a fortune!? it added.

The ticket for the EuroMillions lottery draw on June 8 was bought in the Stevenage and Hitchen area of England.

The hunt for the winner in the U.K. comes amid growing excitement in the U.S. about the?Powerball jackpot, which is now worth $550 million.

Tonight's historic Powerball jackpot has reached a whopping half-billion dollars and continues to grow. Andrea Canning reports on the frenzy for tickets in New York City.

'There's still hope'
The winning numbers were 5, 11, 22, 34, 40 with the ?lucky stars? 9 and 11.

A spokesman for Camelot, which runs the National Lottery, told NBC News that they were doing their best to publicize the existence of the unclaimed ticket.

$500 million will buy you a lot of ... misery

He said there was initially a publicity campaign in the Stevenage and Hitchen area, but this was now being expanded across the U.K.

The spokesman said they had also taken the campaign to nearby Luton Airport, which offers flights to 90 destinations worldwide, including South Africa, Thailand, Morocco, Spain, Israel, Iceland, India and China ? but not the U.S. or Canada.

11 crazy things more likely to happen than winning Powerball

He said the biggest lost prize in the lottery?s history was more than $14 million, but added that a $4 million prize had been claimed on the last day it was available in 2009.

?While there?s still time, there?s still hope,? he said.

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Source: http://worldnews.nbcnews.com/_news/2012/11/28/15513542-an-ocean-away-in-uk-time-is-running-out-to-claim-100-million-lottery-prize?lite

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Bergen: Republican obsession with Benghazi makes no sense (CNN)

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Holiday home sale can work in seller's favor | Real Estate | South ...

Slim inventory and low interest rates bring out the serious buyers

Slim inventory and low interest rates bring out the serious buyers

Dian Hymer
Inman News?

Year end seems like an odd time to sell your home. However, it has been a long time since we've seen a home sale market that approximated normal. So, I wouldn't necessarily abide by the guidelines that applied to another time.

2011 was a lackluster year for the housing market. The spring and summer markets, usually a busy time for home sales, were sluggish. The market picked up in November 2011. Many sellers who chose to sell then had a successful result.

Several factors contributed to this. Interest rates were low. The bad global news -- the catastrophic earthquake in Japan, Greece on the edge of bankruptcy, problems in the eurozone, and a stuck-in-the-mud unemployment rate -- had been absorbed and digested by consumers. Buyers began to believe that home prices were bottoming; there were years' worth of pent-up demand.

Sellers in some areas who sold at the end of last year presented their homes well and priced them right for the market. Some received multiple offers, although this didn't always result in a higher price. Many were sold and closed by the end of the year.

The dynamic that contributed to this seemingly unusual phenomenon was a high demand from buyers who'd been waiting for years for the right time to buy and a paucity of homes listed for sale at that time.

HOUSE HUNTING TIP: Most sellers aren't inclined to sell their homes during the late fall and winter months, so they wait until spring. But then they are confronted with more sellers bringing their homes on the market. Buyers have a choice. You aren't the only game in town.

Some sellers worry about the holidays. If you travel during the holidays, this might be a perfect time to have your house on the market. You won't be inconvenienced by showing activity and open houses.

Sellers who are home for the holidays can ask their agent to remove the lockbox and have showings made by appointment through their listing agent.

The showing activity will be slower during the holidays, but the buyers who are looking are serious. Sometimes, buyers who have been transferred will take the opportunity of time off over the holidays to go house hunting.

The other alternative is to ask your agent to remove your home from the active market, but make sure the real estate agent community knows that the home is still for sale. You wouldn't want to miss out on a good opportunity. The best bet is to keep your home actively listed. Most homes look festive and inviting at this time of year.

Depending on weather conditions, which can put a damper on showing activity, early in the year before the spring season is often a good time for sellers, particularly when interest rates are at historic lows, buyers are out in force and most sellers are waiting until April or May to bring their homes on the market.

Some sellers are inclined to wait until spring to sell because they think that the improved housing market will result in a higher sale price. There's no way to know. Hopefully, prices will be higher then. But in most areas it will be only marginally higher.

The spring market is bound to have more inventory of homes for sale than we're likely to see between November 2012 and March 2013. More homes for sale could dilute the buyer pool for your home. When your home is one of the few on the market, you have a better chance of a quick and profitable sale.

THE CLOSING: If you and your home are ready for sale, and the weather isn't slowing the market down, go for it.

Dian Hymer, a real estate broker with more than 30 years' experience, is a nationally syndicated real estate columnist and author of "House Hunting: The Take-Along Workbook for Home Buyers" and "Starting Out, The Complete Home Buyer's Guide."

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  • TheDude said...
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    Source: http://www.southphillyreview.com/real-estate/holiday_home_sale_can_work_in_sellers_favor-181018991.html

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    The Death Of The Banner Ad - Business Insider

    Banner ads, those benighted rectangles and boxes, have been the primary way publishers make money online since a digital offshoot of Wired magazine ran the first one 18 years ago.

    But the industry is ripe for disruption, and many feel it won't be long before banners are replaced by a better, more attractive advertising solution.

    One industry source went so far as to say that we'd one day look back on 2012 and deem it the "defining year in the death of the banner ad."

    "The traditional standard media model is challenging," this person said. "There's a lot of pressing need for innovation around the approaches people are taking [to make money online]. I see a lot of people refusing to acknowledge the trend lines here.... 2012 is really the defining year in the death of the banner ad. Other people are refusing to believe it because then they don't have another clear revenue path."

    John Battelle, an advertising visionary and the founder of Federated Media, who was present for the invention of the banner ad at Wired, agrees. He told us recently that, as an industry, "we messed up when we decided banner ads would be how we make money on the Web."

    "We shoved them up in the corners and tried to ignore them, and advertisers have had to scream from the sidelines," he says. "There's a way to make web advertising a better experience, like an ad in between every pageview that you can simply flick away if you don't want to see it. I'm a big fan of full-page ads, especially on tablets."

    "I see a lot of people refusing to acknowledge the trend lines here and are clinging stubbornly to direct sales model," says an industry source. "2012 is really the defining year in death of the banner ad. Other people are refusing to believe it because then they don't have a clear revenue path."

    Banner ads achieved mass scale because they're easy to implement on Web pages. Increasingly, their placement is standardized and automated by computers, though big banner-ad deals are still negotiated the old-fashioned way, human to human.

    They're also supported by the Interactive Advertising Bureau (IAB), a trade organization whose standards apply to 80 percent of banner ads sold. Battelle, who is on the IAB's board, says he's trying to push the group to rethink Web advertising and come up with a widely implemented solution that makes advertisers look and feel more welcome on Web pages.

    The transformation away from banner ads will take a long time. Battelle thinks it could take ten years before the online advertising industry is thoroughly disrupted. In the meantime, more and more companies are steadily working at more engaging banner-ad alternatives.

    Foursquare, for example, offers businesses a way to deliver updates to users who use its mobile app to check in to their locations. Facebook and Tumblr offer ad formats that promote specific posts to more users. BuzzFeed tries to create viral stories that feature advertisers. And Twitter's promoted tweets are working well, particularly on mobile devices.

    These are so-called native ads that play off user behavior and enhance the experience rather than interrupt it.

    Arguably, banner ads tried to do something like that 18 years ago, when every Web page felt fresh and new and the notion of multimedia-rich pages mixing graphics and text were novel.

    But the Web has moved on since then. It's time banners did, too.

    Source: http://www.businessinsider.com/the-death-of-the-banner-ad-2012-11

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    Canadian Robert Sacre, NBA Bench Cheerleader?!

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    UN to vote Thursday on raising Palestinian status

    UNITED NATIONS (AP) ? The Palestinians said the U.N. General Assembly will vote Thursday afternoon on a resolution raising their status at the United Nations from an observer to a nonmember observer state, a move they believe is an important step toward a two-state solution with Israel.

    Unlike the Security Council, there are no vetoes in the General Assembly and the resolution is virtually certain of approval. The world body is dominated by countries sympathetic to the Palestinian cause and the resolution only requires a majority vote for approval. To date, 132 countries ? over two-thirds of the U.N. member states ? have recognized the state of Palestine.

    A spokesman for the Permanent Observer Mission of Palestine to the United Nations said Monday that Palestinian President Mahmoud Abbas will address the 193-member world body before the resolution is put to a vote. He spoke on condition of anonymity because he was not authorized to speak to the press about the matter.

    The Palestinians are seeking to enhance their status because their application in September 2011 to become a full U.N. member state has been blocked. To become a member state, an applicant must be approved by the U.N. Security Council and the United States has made clear it would veto the bid until there is a final settlement with Israel.

    Israel and the United States are also on record opposing the move for enhanced status, saying the Palestinians should first negotiate their statehood with the Jewish state, not take unilateral action and sidestep talks.

    "We do not think that this step is going to bring the Palestinian people any closer to a state," State Department spokeswoman Victoria Nuland told reporters Monday in Washington.

    "We think it is a mistake" she said. "We oppose it."

    Nuland said the U.S. was continuing to make its case with other countries who will cast their votes.

    The Palestinians believe their upgraded status would add weight to their claims for a state in the West Bank, Gaza Strip and east Jerusalem, territories captured by Israel in the 1967 Mideast war. Israel pulled out of Gaza in 2005.

    The Palestinians also hope to use their upgraded status to join additional U.N. bodies, such as the International Criminal Court, where they could attempt to prosecute Israel.

    At the same time, they have expressed fear of financial and diplomatic retaliation.

    Following last year's move by the Palestinians to join the U.N. cultural agency UNESCO, the United States withheld funds from the organization, which amount to 22 percent of its budget. The U.S. also withheld money to the Palestinians, and the U.S. Congress has threatened similar sanctions if the Palestinians proceed to improve their status at the U.N. again.

    Israel also retaliated by accelerating settlement construction and withholding funds from the Palestinian government.

    The latest draft resolution, obtained by The Associated Press, would have the General Assembly decide "to accord to Palestine Nonmember Observer State status in the United Nations, without prejudice to the acquired rights, privileges and role of the Palestine Liberation Organization in the United Nations as the representative of the Palestinian people, in accordance with the relevant resolutions and practice."

    It "reaffirms the right of the Palestinian people to self-determination and to independence in their State of Palestine on the Palestinian territory occupied since 1967."

    The draft also expresses "the urgent need for the resumption and acceleration of negotiations within the Middle East peace process" to achieve "a just, lasting and comprehensive peace settlement between the Palestinian and Israeli sides that resolves all outstanding core issues, namely the Palestine refugees, Jerusalem, settlements, borders, security and water." It drops "prisoners" as a core issue.

    ___

    Associated Press Writer Bradley Klapper contributed to this report from Washington.

    Associated Press

    Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-11-26-UN-Palestinians-Status/id-7fac560b627c40488eadc1032917a481

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    Some GOP lawmakers now flout anti-tax man Norquist

    WASHINGTON (AP) ? For decades, conservative lobbyist Grover Norquist vowed to drive Republicans out of office if they didn't pledge to oppose tax increases. Many lawmakers signed on.

    But now, several senior Republicans are breaking ranks, willing to consider raising more money through taxes as part of a deal with Democrats to avoid a catastrophic budget meltdown.

    Tennessee Sen. Bob Corker says the only pledge he will keep is his oath of office. House Majority Leader Eric Cantor says no one in his home state of Virginia is talking about what leaders in Washington refer to simply as "The Pledge," a Norquist invention that dates to 1986. Georgia Sen. Saxby Chambliss says he cares more about his country than sticking to Norquist's pledge.

    It's quite an about-face for senior members of a party that long has stood firmly against almost any notion of tax increases. And while GOP leaders insist they still don't want to see taxes go up, the reality of a nation in a debt crisis is forcing some to moderate their opposition to any movement on how much Americans pay to fund their government. Republican legislators and Democratic President Barack Obama's White House are haggling vigorously as they look for ways to reach agreement on detailed tax adjustments and spending cuts before automatic, blunt-force changes occur at the new year.

    "Oh, I signed it," Sen. Jeff Sessions said on Fox News about Norquist's pledge. "But we've got to deal with the crisis we face. We've got to deal with the political reality of the president's victory."

    The naysaying about the pledge is raising the question of whether Norquist ? a little-known Republican outside of Washington ? is losing his position of power within the GOP. It's a notion that he calls ridiculous.

    "Nobody's turning on me," Norquist said Monday.

    But he indicated he would turn on lawmakers who defy him, starting with Corker, who Monday published an opinion piece in The Washington Post outlining an alternative to the budget breakdown that includes more revenue.

    "Corker was elected to the Senate because he took the pledge," Norquist said on Fox News. "He would not be a senator today if he hadn't made that commitment. If he breaks it, he's going to have to have a conversation with the people of Tennessee about his keeping his word. And the same thing with other people who are elected because they made that written commitment to the people of their state."

    At the White House, spokesman Jay Carney said Monday that the shifting away from Norquist signaled an opportunity for Republicans to work with President Obama.

    "They represent what we hope is a difference in tone and approach to these problems and a recognition that a balanced approach to deficit reduction is the right approach," Carney said.

    Norquist, the head of the conservative Americans for Tax Reform, opposes tax increases of any kind, whether eliminating deductions, a position some GOP lawmakers say they're open to, or raising rates. He has insisted on hardline positions from lawmakers and, for years, has held outsized sway in the party for someone who does not hold public office. His pledge doesn't allow any change to the tax code that adds a dollar to revenues.

    House Speaker John Boehner has called that notion unrealistic and has dismissed Norquist as "some random person."

    Nevertheless, Norquist has maintained a certain level of clout for years.

    Heading into the 2012 elections, 279 lawmakers had signed Norquist's' pledge, according to Americans for Tax Reform.

    But some who have signed the pledge are having second thoughts. And when the new House is seated next year, no more than 212 of them consider themselves bound by the promise.

    "I'm not obligated on the pledge," Corker told CBS News. "I was just elected. The only thing I'm honoring is the oath I take when I serve when I'm sworn in this January."

    He's not alone in his stance on the pledge.

    "When I go to the constituents that have re-elected me, it is not about that pledge," Cantor said on MSNBC. "It really is about trying to solve problems."

    Chambliss, a veteran senator from Georgia, said he signed the pledge during an earlier campaign when the country's debt was nowhere near its current $16 trillion level.

    "Times have changed significantly, and I care more about my country than I do about a 20-year-old pledge," Chambliss told his local television station. "If we do it (Norquist's) way, then we'll continue in debt."

    "I'm frankly not concerned about the Norquist pledge," Chambliss added.

    Raising taxes, whether by closing loopholes or raising tax rates, is seldom a vote-winning strategy.

    President George H.W. Bush broke his campaign promise to not raise taxes; he ended up losing re-election 1992.

    Other Republicans, however, now are willing to put additional tax revenues on the table as a bargaining chip for a deal with Democrats to get changes in Social Security and Medicare and pare down federal deficits.

    "I agree with Grover, we shouldn't raise rates. But I think Grover is wrong when it comes to we can't cap deductions and buy down debt," Sen. Lindsey Graham of South Carolina said Sunday on ABC's "This Week."

    "I will violate the pledge ? long story short ? for the good of the country, only if Democrats will do entitlement reform," he added.

    Rep. Peter King of New York told Sunday's "Meet the Press" on NBC that the pledge is good for a two-year term only.

    "A pledge you signed 20 years ago, 18 years ago, is for that Congress," King said. "For instance, if I were in Congress in 1941, I would have signed a support of declaration of war against Japan. I'm not going to attack Japan today. The world has changed, and the economic situation is different."

    And Sen. John McCain, his party's presidential nominee in 2008, said the pledge is losing its clout.

    "Fewer and fewer people are signing this, quote, pledge," he told an audience recently.

    Source: http://news.yahoo.com/gop-lawmakers-now-flout-anti-tax-man-norquist-222108187--politics.html

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