This is why we do what we do

first_imgI’ve got to take a moment and get this off my chest: What Wells Fargo did – open more than 1.5 million likely unauthorized consumer deposit accounts and more than 500,000 credit cards – is despicable and flat-out fraud. And someone needs to go to prison.Time and time again, I am reminded that this is why we – the credit union industry – do what we do. For credit unions, their members are their owners. Every decision made, every new product and service introduced, is based on what is best for them. continue reading » 6SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img read more

Yoila Wins President Buhari Golf Tournament

first_imgThe 23-handicapper, afterward admitted that he got his inspiration on the first day of the tournament, when he played in a group of three ladies, comprising the IBB Club former lady captain, Dr Joyce Barber and the incumbent lady captain Nanfe Audu.“I did not play well on Sunday as I did on Saturday. But playing with the ladies on the first day really helped my game. I was inspired by the swing of the present lady captain,” Yoila declared.The grand finale of the tournament, which featured qualifiers in other parts of the country also produced winners in different categories.Ten-handicap player, H. Zakaria won the men division one best net prize following a combined net of 148 over 36 holes that took him past of S. Wakili by two strokes.Jonathan Ebhota defeated Gidado Aliyu on countback after they tied on 148 to win the Men Division two. Bekinbo Dagogo-Jack from Port Harcourt Club was a shot off the pace to finish as first runner up.The ladies gross division one net prizes were grabbed by Racheal Danjuma and Amina Wilfred both from IBB Club, while Juliana Igbinadolor of UBTH Golf Club beat Joy Ikwue by eight strokes to claim the ladies division two prize.Sunday Odegha from Minna Golf Club posted 74 to win the professional event, beating Dominic Andrew by one shot. Austin Akpodiete placed third with a 76.The CEO/ Editor-in-Chief of Daily Trust, Mannir Dan- Ali expressed delight with the turn-out of golfers that graced the tournament.“I am quite impressed. You cannot believe the quality of the people that came for the tournament and the representation of the President by the Governor of Plateau State Simon Bako Lalong and the Emir of Dutse, Alhaji Nuhu Mohammed Sanusi,” Dan- Ali said.The DG National Council of Arts and Culture (NCAC) Otunba Olusegun Runsewe, graced the closing ceremony with the council’s performing troupe, which entertained the guests.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram Olawale Ajimotokan in AbujaDakop Yoila has won the President Buhari Golf Tournament played at IBB International Golf and Country Club, Abuja at the weekend. The tournament was sponsored by Daily Trust Newspaper.Yoila, who is a pharmacist with the Nigeria National Petroleum Company (NNPC) shot 147 nett over 36 holes to emerge the overall winner.last_img read more

Steph, Ayesha Curry play Santa on Ellen DeGeneres special

first_imgWatching the reactions of children when they’re in the presence of Stephen Curry is absolutely priceless.Their eyes become saucers. Their mouths fly open. A gaze of utter disbelief comes over their faces.It happened again recently when the Golden State Warriors star and his wife, Ayesha, visited the East Oakland Boxing Association (EOBA) for a segment on the NBC holiday special, “Ellen’s Greatest Night of Giveaways.”“Is this real?!” a kid is heard asking. “Are you really Steph …last_img read more

Solving DOE’s Energy Efficiency Puzzle a Piece at a Time

first_imgOne way to grease the path for the Obama administration’s Homestar home-retrofit legislative proposal will be to show that current stimulus programs are yielding their intended results, or are at least about to.Last week, the head of the Department of Energy’s stimulus program, Matt Rogers, told the Senate Energy and Natural Resources Committee that the agency had developed a system for aggressively addressing the confusion and procedural issues that had been slowing disbursement of funds and implementation of the expanded Weatherization Assistance Program, the New York Times noted on Friday in a blog post headlined “DOE Says Stimulus Program Past Its Growing Pains.”Coming on the heels of a report by the DOE Inspector General that expressed alarm over the unexpectedly slow rollout of the expanded, $5 billion program, Rogers’ comments to the Senate committee were met with a mix of acceptance and impatience.Trying to convince the skepticsWhen objections focused on labor-intensive DOE reporting requirements, for example, Rogers said the requirements were nonetheless important because they help the department quickly identify grant recipients in need of extra assistance, particularly recipients in the weatherization program, which, as the Times pointed out, has been identified as one of 12 “high risk” areas for poor management. “I guess we will have to feel our way along and see if the requirement can be managed by the states and get everything else done,” said New Mexico Democrat Jeff Bingham, who is chairman of the committee.When considering further stimulus programs, cautioned Lisa Murkowski, Republican of Alaska, “we need to be working in a far more coordinated manner.”But the reality, too, is that most lawmakers and bureaucrats seem to have acclimated to a certain amount of improvisation. While no one who needs a job wants to wait for an ambitious WAP expansion to live up to its billing, the program is finally chugging ahead, according to Rogers, who noted that, by the end of March, the agency will be on pace to finish 30,000 efficiency upgrades per month and 250,000 this year.For insight into how the WAP push has been playing out for some of the people who hope to be doing the work in the field, click here for a report, recently prepared by Northwestern University’s Medill School of Journalism, that focuses on worker training and energy efficiency auditing services as they prepare – and wait – for job assignments in the Chicago area.last_img read more

Weatherization Assistance Program: Getting the Facts Straight

first_img RELATED ARTICLES Is Weatherization Cost-Effective?Weatherization Funding Has Been SlashedWeatherization’s Home-Stretch RecoveryLawmaker Targets DOE’s Weatherization ProgramWeatherization’s Political Fallout DOE Announces Home Efficiency Scoring System and Weatherization GuidelinesDOE Targets Innovation in Its Weatherization Program Stimulus-Funded Weatherization Begins to Find Its FootingIn Some Areas, Weatherization Struggles Out of the GateMinnesota Gears Up for Weatherization Onslaught U.S. House Proposes Huge Increase In Weatherization Spending Recovery Act brought new challengesWhile it has a good track record, WAP faced a practical challenge during a three-year period of additional funding driven by the American Recovery and Reinvestment Act (ARRA). This law, which as reporter Michael Grunwald has written deserves a tremendous amount of credit for its prescient investments in clean and efficient energy programs, boosted WAP funding sevenfold. Actually, despite it being much-maligned as a wasteful “stimulus bill,” this law and its implementation were pretty serious advances in effective and transparent government.Nonetheless, this increased investment would be a challenge for any program. Oak Ridge’s pragmatic — and peer-reviewed — study design tackles that head-on, actually relying on two sets of analyses, one pre-ARRA and one of the ARRA-era. You can read the summary documents for this huge body of work here (also see here for a description of early-release findings by my colleague Peter Miller).For your convenience, here are some highlights:The retrospective look covered one program year (2008; ARRA was enacted in 2009) while the Recovery Act covered PY 2010. Total homes weatherized in the former — 97,965; in the latter — 340,158. That’s quite a jump!The average cost to weatherize each home also jumped, from $4,695 to $6,812. This includes funding leveraged by DOE’s investment. Pre-ARRA, about 48 percent per household was non-DOE money, whereas it was only about 13 percent during ARRA. This is exactly what policymakers intended. ARRA was meant to pump much-needed investment into these programs at a time when others (e.g., municipalities and states) experienced catastrophic revenue (and therefore budget) drops. Other findingsThe report is frank about the challenges ARRA itself posed to implementers, such as state housing finance agencies and their contractors — challenges which reduced cost-effectiveness. Davis-Bacon Act provisions binding ARRA funding and oversight by the feds drove up administrative and operating costs because it required more paperwork and procedural steps. Also upping the program’s expenses was the need to rapidly increase and train a workforce.There are a lot of other interesting findings in this synthesis of studies, including what appears to be a consistent underinvestment in apartment building upgrades. In 2008, 23 percent of households touched by the program were in that category (five-plus homes per building), and in 2010 it was 20 percent. As I’ve written before, about 35 percent of households live in multifamily structures including apartment buildings, which implies that a larger percentage of WAP interventions should focus on such buildings.This underscores the importance of our national Energy Efficiency for All partnership between NRDC’s Urban Solutions Program and other groups, as well as the work of state housing finance agencies, electric and gas utilities, and public officials to improve our apartment building stock too.Many thanks to Oak Ridge for providing such a fact-filled look back, which by providing ample evidence of effectiveness as well as practical ideas for improvement helps clear the way for many more energy-efficiency investments ahead. The aggregated present value of these investments was $340 million in 2008 and $1.1 billion in 2010. On an individual household level that’s $4,243 in 2008 and $3,190 in 2010. By DOE’s extremely conservative yardstick of “savings-to-investment ratio” or SIR, 2008 hits 1.4 while 2010 hits 0.9. If the ratio for this test is less than one, it means the costs exceed the benefits. However, this SIR test leaves out much more than it includes.In fact, squinting at savings and costs based on energy use alone reminds me of Oscar Wilde’s saying about cynics (often said about economists as well, no surprise) — they know the price of everything and the value of nothing. The Oak Ridge analysts find that household-level health and safety benefits can be quantified at $13,550 in 2008 and $13,167 in 2010, eclipsing direct energy benefits. And I think we consumers — especially those on lower incomes who can ill afford education- and productivity-damaging incidents such as asthma attacks and absences from work — really value health and safety.The same goes for jobs created by WAP (8,500 in 2008 and 28,000 in 2010) and carbon emission reductions as well (2,246,000 metric tons in 2008 and 7,382,000 metric tons in 2010). Also, as DOE notes in a footnote, the SIR assessment includes non-DOE spending that “are often used for higher cost energy measures.”Last but not least, it’s important to pull the lens back and take in the big picture: This short-term injection of public money into the system was meant to keep the economy from plunging into another Great Depression, and its role in doing that should arguably also be kept in mind when accounting for benefits. Economists and narrow tests like SIR all too often fixate on costs to the detriment of a host of benefits that the rest of us in society value highly.center_img Years of hard work collecting and analyzing an enormous set of facts about energy efficiency paid off as the Department of Energy’s Oak Ridge National Lab rolled out a synthesis of 36 studies of the Weatherization Assistance Program (WAP). The synthesis shows that weatherization saved families an average of almost $300 annually in energy costs while reducing carbon pollution by 2.2 million metric tons.WAP was established nearly 40 years ago at a time when we were hyper-aware of energy issues in the wake of the Arab oil embargo (see this nifty video about its history). Since its inception, the program has weatherized more than 7.4 million single-family homes and apartment buildings.Typical weatherization measures include caulking, insulating attics or walls, and repairing ducts — measures which improve the comfort of a home and ease the energy costs that burden low-income families. This important program warrants examination to ensure the program’s effectiveness, although sadly a few months ago a narrower non-peer-reviewed working paper by three economists based on a much smaller data set for one program was highly publicized, in spite of its limitations. Colleagues and I detailed the paper’s limitations here, here and here. [Editor’s note: GBA’s analysis of the flawed paper was titled Is Weatherization Cost-Effective?] Deron Lovaas is the State/Federal Policy & Practice Director for the Urban Solutions Program of the Natural Resources Defense Council. This blog was originally posted at NRDC’s Switchboard.last_img read more

Manny doing just fine

first_imgPH underwater hockey team aims to make waves in SEA Games PLAY LIST 02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss “Broner was pressing his left glove on Manny and it rubbed on his eyes,” said best friend and chief trainer Fernandez in Filipino.Pacquiao also wore dark eyeglasses during the post-fight press conference.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSUrgent reply from Philippine ‍football chiefSPORTSWin or don’t eat: the Philippines’ poverty-driven, world-beating pool starsThat triggered rumors that Pacquiao suffered a serious eye injury, like a detached retina which ended the career of Hall of Famer Sugar Ray Leonard in the 1980s.‘Be careful’ Grace Poe files bill to protect govt teachers from malicious accusations Oil plant explodes in Pampanga town Buboy: Face Floyd, then quit International media reported that Pacquiao’s injury was caused by a devastating 1-2 punch from Broner.Website www.nydailynews.com stated that “according to a member of Pacquiao’s camp who requested anonymity, the 40-year-old welterweight champ stayed up all night after the Broner bout playing chess, but complained of pain and vision loss in his left eye on Sunday morning.  ‘He told me it was like covering one eye with his hand,’ the source said.”Another camp member agreed with Fernandez, telling the Daily News that the injury was relatively minor, a corneal scratch from the tape on one of Broner’s gloves—an injury Pacquiao has suffered in previous fights.Yet another website, www.talksport.com, even suggested that Pacquiao may have to retire because of the injury.“Everything seemed fine following the win on Saturday night, but Pacquiao woke up in great distress Sunday morning,” wrote talksport.com.Pac-May 2Observers also feared that no Pacquiao-Floyd Mayweather Jr. rematch would happen if indeed the Filipino’s eye is damaged.Three years ago, the two fought in the “Fight of the Century” and  Pacquiao wants to avenge his loss.He immediately challenged the unbeaten five-weight world champion Mayweather, 41, to a rematch after beating Broner.The retired Mayweather was at ringside in Las Vegas. Don’t miss out on the latest news and information. (From left) Justin Fortune, Buboy Fernandez and Freddie Roach attend to Manny Pacquiao after the WBA welterweight champion’s match against Adrien Broner on Saturday in Las Vegas. Pacquiao’s camp assures the fighting senator’s left eye will heal in three days. —WENDELL ALINEA/MP PROMOTIONSHOLLYWOOD—Buboy Fernandez allayed fears about Manny Pacquiao’s left eye that was grazed by Adrien Broner’s glove during their WBA welterweight title bout in Las Vegas on Saturday night (Sunday, Philippine time).Fernandez said doctors have checked on Pacquiao after the eight-division champion complained of pain and partial loss of vision soon after he defeated Broner to keep his WBA belt at MGM Grand Arena.ADVERTISEMENT Private companies step in to help SEA Games hosting ‘We are too hospitable,’ says Sotto amid SEA Games woes In the post-fight press conference, Pacquiao was repeatedly asked about the rematch.“If [Mayweather] goes back to the ring and wants to challenge me, I’m a champion. Get back to the ring and we will fight again if he wants.  If he wants to come out of retirement, then announce it and challenge me. I’m a champion and I don’t pick any opponent,” said Pacquiao. —WITH A REPORT FROM CNN.COMSports Related Videospowered by AdSparcRead Next SEA Games hosting troubles anger Duterte MOST READ Oil plant explodes in Pampanga town US judge bars Trump’s health insurance rule for immigrants LATEST STORIES View comments Lacson backs proposal to elect president and vice president in tandem “I saw Broner doing that (long stance with right hand loaded up) because he was trying to launch that [Juan Manuel] Marquez punch on Manny,” said Fernandez.  “Totally he (Broner) abandoned his jabs.”That was when Fernandez warned Pacquiao to be cautious of Broner.Fernandez said doctors ordered Pacquiao to rest his eyes for three days.“The important thing is that our champion is safe,” added Fernandez.Conflicting reportsADVERTISEMENTlast_img read more

World Athletics Championships: Brilliant Mo Farah maintains domination with epic 10,000m win

first_imgMo Farah launched the World Athletics Championships in scintillating fashion on Friday with another consummate 10,000 metres triumph that further embellished his claim to being the greatest distance racer in the sport’s history.With 55,000 of his home fans roaring their support at the London Stadium, the 34-year-old Briton sprinted away with his 10th consecutive gold medal in a global track final, a dazzling sequence that ranks among the greatest feats in sport.Farah survived being clipped twice from behind in the final lap, nearly tripping over and being forced to take a step off the track, and he ended with cuts and bruises to his “bad legs” that needed treatment.Yet still he was able to unleash one more trademark burst down the home straight to speed away from Uganda’s Joshua Cheptegei and Kenya’s Paul Tanui.The Briton clocked 26 minutes 49.51 seconds, the world’s fastest time in 2017, in what proved perhaps the hardest-earned of all his magnificent triumphs as he protected his six-year unbeaten streak in major championships.Silver medallist Cheptegei, just 20, clocked a lifetime best 26:49.94, chasing Farah all the way to the line, and Tanui 26:50.60.Yet, five years to the very night when he won the 25-lap title at his home Olympics on “Super Saturday” in the same London Stadium, Farah had still not lost that invincible aura, clocking a searing 55.63 seconds for the last lap in spite of his stumbles.It was the perfect way for him to begin his final championship as a track runner before he turns his attentions to the roads as a marathon man.advertisement”What a way to end my career in London. It’s special,” Farah said, after hugging his children on the track.”It was one of the toughest races of my life. With one lap to go I nearly get tripped, twice, that was hard. But I just had to be mentally stronger and think I didn’t work this hard for nothing.”After an epic test in which the powerful Kenyan and Ugandan athletes combined with mid-race bursts to test Farah’s resolve more fiercely than ever before, the Briton had to show remarkable composure on the final lap.Twice as he led straight after the bell while still closely pursued by four hunters, Farah was clipped. The first time, his heel was caught by Tanui and on the second bend, the same Kenyan brushed his arm, sending Farah off balance so that he took one step into the infield.BACK STRAIGHT(Reuters Photo)Yet despite momentarily losing his rhythm, the champion regrouped to take control on the back straight and he scorched off the final bend to forge clear and take his third successive world 10,000m title by a couple of metres.It was the fastest he had run in any of his five global 10,000m victories by more than 11 seconds.Still, though, he has only done half the job with the 5,000 metres to come next week and the prospect of completing a fifth straight 5,000/10,000 distance double in global championships.Whether the battering he took will affect his hopes remains to be seen but the race certainly took a toll, as he reckoned the second incident involving Tanui with about 300 metres left had hurt him.”I’ve got such long strides that I got caught and at that point I was just trying to stand up and think ‘I can’t go down, I can’t go down’,” he said.HOME TRIUMPH(Reuters Photo)The 16th edition of the Championships could not have been set up more ideally for Britain to celebrate a home triumph in the first medal event and Farah, as ever, did not disappoint his legion of fans.After he crossed the line, he swore that the noise in the stadium matched the incredible din of his 2012 tours de force when he won the 10,000m and 5,000m here.Down the years, his main opponents from Kenya have tried in vain to upset Farah’s equilibrium, sometimes working in teams and varying their pace and tactics but the master racer always has an answer in the sprint denouement.A couple of blistering 61-second laps were thrown in to try to shake him but Farah’s composure never wavered as he moved up the field to join the leaders and gestured to the crowd to turn up the volume.”I just wanted to play with the guys’ heads,” he said.He will have the chance to play with their heads on the track one more time in the 5,000 metres, the heats of which are on Wednesday.”I did actually hurt my leg but I’m going to see the doctor now and take care of it – a few stitches, maybe,” Farah said with a smile which suggested he is not about to have his incredible sequence ended in his final championship track race.advertisementlast_img read more

10 months ago​Fulham’s Chambers enjoying central midfield role

first_imgAbout the authorAnsser SadiqShare the loveHave your say ​Fulham’s Chambers enjoying central midfield roleby Ansser Sadiq10 months agoSend to a friendShare the loveCalum Chambers is enjoying his time at Fulham, despite a disappointing result against West Ham United.In the game where Claudio Ranieri’s men were beaten 2-0 by West Ham United, Chambers was getting used to a new role in central midfield.And despite the result, the youngster admits that he enjoyed his time in central midfield and would be happy to continue there.He said to the Evening Standard: “I’m enjoying it, obviously it’s nicer if we get a win, but I’m doing what I can for the team defensively and going forward. I’m learning game by game in that position.”At the moment I don’t know whether I’ll go back to defence or stay in midfield. I’m taking on what I’ve been told to do in there and trying to execute it in the games.”Chambers is on loan at Fulham from Arsenal. He has appeared in 11 Premier League games this season. last_img read more

a month agoKeane and Mourinho ‘shocked, saddened’ after Man Utd defeat

first_imgAbout the authorPaul VegasShare the loveHave your say Keane and Mourinho ‘shocked, saddened’ after Man Utd defeatby Paul Vegasa month agoSend to a friendShare the loveManchester United identities Roy Keane and Jose Mourinho slammed their old team after defeat at West Ham.Goals from Andriy Yarmolenko and Aaron Cresswell earned West Ham their second successive home win against Manchester United, who remain without a league win on their travels since February.Former United captain Keane said: “I don’t know where to start. I’ m shocked and saddened about how bad they were.”Everything about United, lacklustre, no quality, no desire, no characters. It’s a long way back for United. It’s scary how far they’ve fallen.”Ex-manager Mourinho also said: “We were bad last season and I don’t see any improvement. I like these three (signings) they bring good quality but the team as a team I don’t at all and I’m not surprised by the result and I don’t think Ole can take any positives from the game.” last_img read more