Monday, March 12, 2012

City schools are struggling with budgets

A Robertson's letter ("It makes sense to look at budgets", EveningExpress, October 4) makes reference to no cuts having been made atthe moment.

I presume, Mr Robertson has no connection with the schoolcommunity as the schools in Aberdeen are currently suffering fromhuge cuts to their budget.

Examples of this are schools struggling to purchase necessarymaterials such as jotters and books; restricted budgets resulting inprimary teachers having to teach specialised subjects to theirpupils, knowledgeable parents being called upon to assist in othersubjects.

Where does it end?

So I disagree with A Robertson - it is in no way too premature forthe citizens of Aberdeen to be concerned.

Let's look at it this way - Aberdeen's largest income comes fromthe business and tourism community.

Marischal College is one of the most beautiful buildings in theworld and would perhaps lend itself better to an upmarket hotel thana council headquarters.

Now is the time for the council to re-think its plans.

The money saved could be ploughed back into the area which needsit most ... education, education, education.

J MannDanestoneAberdeen

Web ads, Automated calls, Canvassing

ALSO: How to balance a healthy life with campaign pressures

Are dot-com TV ads going to make political commercials more expensive in this fall's elections?

Yes, and by as much as 10 percent, according to Advertising Age.

Background: Dot-com advertising exploded from $650 million in 1998 to $4 billion in 1999. Some cable networks experienced their "first-ever sellout of inventor)," and now they and local network affiliates arc increasing their prices.

Big bucks: Media buyers expect nationwide ad sales for dot-coms to total between S7 billion and SlO billion in 2(HX). The biggest increase will be in the holiday-driven 4th quarter (October-December), which begins in the final month of the election. That means more traffic and higher rates for political advertising.

But not everywhere. Whereas campaigns "spend most heavily for news programs in states with tight races," dot-com companies buy primetime and remain "mostly a major market phenomenon" in Washington, Seattle, San Francisco, Boston and other urban areas. That means potentially more stable political advertising rates in smaller markets.

Another caveat: Dot-coms are more prone to buyouts and consolidations, further complicating long-term advertising projections.

Bottomline: Expect higher political rates, buy earlier to avoid getting locked out in October, but don't settle for a one-size-fits-all strategy. This year, if your ad plays in Peoria, it might cost too much to play in Chicago.

How do you balance your life while working in the business? I'm talking about family time, exercise program, errands, etc.

Guess what: Campaigns aren't about balancing your life. They are 24-7, win-or-losc propositions. Boilerplate advice: Eat healthy, don't smoke, drink alcohol in moderation, force yourself to find time to work out. In other words, vow to do what very few do by the end of a campaign.

Stress is the adrenaline of campaign life; it gives you the power to do what you thought was impossible. Some can hack it, many can't. If you can't, get another job and get your political fix from watching "Inside Politics."

You recently called automated phoning "old technology," but I recently won election using it to contact 9,000 voters on the day before the election. Only 8,500 ballots were cast in this atlarge election with nine candidates. Only 99 votes separated the winning third-place candidate from the fourthplace loser. Although I came in first a majority of my campaign team opposed the tactic, and think I actually lost votes using automated phoning. What is your advice? Does it gain or lose votes? Is it worth $2,000, 10 percent of our budget? What would you do instead to get out the vote?

Automated phoning does not lose votes, unless the recording is obnoxious or poorly timed.

Consider: Earlier this year, because of a computer error, "some 2,000 automated political calls" paid for by a congressional candidate "started ringing district phones around midnight." The phone vendor apologized for the technical glitch again using a recorded message to contact the bythen irate voters. The candidate lost, despite outspending his opponent by at least 4-to-1 .

Even with a well-timed, poll-tested message, the real question is value: Arc there better ways to persuade voters and turn them out?

In top-of-the-ballot races (e.g., Senate, Governor, Mayor, etc.), it's far more effective to use TV, radio and mail for persuasion. During GOTV in any campaign, it's more effective to use live callers or door-to-door canvassers.

As for a "majority of my campaign team opposing the tactic," that's fine unless they had their own profit motive constituting a conflict of interest (e.g., contract to do media buys, direct-mail, hire paid walkers, etc.).

Is it better to use volunteers for phone banks or canvasses? We have a limited budget and are in a five-way primary.

One: Pay for phone banks; they ensure accuracy and accountability, especially when you call back to turn out your vote.

Two: Recruit volunteers for canvasses - at least on the weekends, though you may need to pay for week-day activities when most potential volunteers are working.

And for the record: Everybody has a "limited budget."

How do you force opponents to stay within the bounds of election finance law?

You can't. But sometimes their non-compliance will open political opportunities for you.

Toothless tigers: Most campaign regulatory agencies - federal, state and local - lack the resources to audit reports and discipline scofflaws, even when the law is clearly on their side. However, law-breaking invites punishment from ethics watchdogs, editorial boards, opponents and voters.

As Richard Nixon said of his enemies after resigning the presidency: "I gave them a sword. And they stuck it in. And they twisted it with relish. And, I guess, if I'd been in their position I'd have done the same thing."

[Author Affiliation]

Craig Varoga is a partner in Varoga & Rice with offices in Texas and California. Fax questions to 713-529-1998, or e-mail to cvaroga@ix.netcom.com.

Wednesday, March 7, 2012

A look at short selling

WHAT IS IT: Short selling is when investors borrow shares and sell them in the hope that they will go down. Then they buy them back at the lower price and pocket the different. It's risky _ if the stock goes up, short sellers lose.

WHY OBJECT: Short selling is hardly new, but it's being blamed by companies and politicians for accelerating the demise of companies such as Lehman Brothers Holdings Inc. and Bear Stearns. Britain and the United States have temporarily barred short selling in financial companies' stocks in an attempt to stabilize markets.

BUT WAIT: Experts say it's companies underlying problems _ owning securities are sharply devalued or unsellable, for instance _ that drag their shares down, not short selling.

Hybrid Car Owners Testify To Vehicles' Benefits, Drawbacks.

By Erika Stutzman, Daily Camera, Boulder, Colo. Knight Ridder/Tribune Business News

Jun. 4--On a perfect day, when the sun was shining and there was no wind or heavy traffic, Jim Shapiro got 103.3 miles per gallon from Superior to Denver, where he met a friend for lunch.

With gas prices flirting with $2 a gallon, the savings over the summer will add up to more than just lunch money.

"It's pretty small, and noisy at high speeds, but for what I need it for, it's perfect," said Shapiro, a Boulder physicist and programmer who bought his Honda Insight a year ago.

The two hybrid-electric cars on the market -- the Insight and the Toyota Prius -- run on both gasoline and electricity. They use less fuel, and generate fewer pollutants.

Dealers say about 20,000 hybrid cars will be sold in the United States this year -- solidifying public interest, but representing a very slim number of the 15 million or more new cars sold each year.

The hybrids use a fuel-efficient gas engine spurred on by an electric motor -- so they don't need down time to charge as do all-electric cars. The cars' computers "tell" the engine and motor how to get the best possible fuel economy.

Shapiro's Insight gets so much attention, he's printed up a sheet with frequently asked questions to hand out to people who ask him about the car.

"People are curious in parking lots, even at intersections," he says. "So I printed this up. But I usually will sit and talk to people anyway."

What Shapiro tells people is the Insight -- which he bought with a list price of $19,320 without air conditioning -- is the right car for him, but not a perfect car.

The mileage is outstanding, averaging 75 miles per gallon. Shapiro fills the tank every six weeks, though he generally commutes to his job at the Denver Tech Center by bus.

It's fast enough -- 75 miles per hour is no problem, but as a very quiet car, it picks up a lot of road noise above 50 mph.

"It's fun to drive. It's low to the ground so it corners great," he said.

Shapiro's "fun" quotient is high, too. His first car was a '36 Ford three-window coupe which he had as a Massachusetts Institute of Technology undergraduate in 1957. He replaced the engine with a racing engine. More recently, he had a '66 Mustang, which he gave to his grown son.

But buying the Insight wasn't as fun as driving it, he said. Dealers don't keep a lot in stock -- and often don't have any at all -- so browsing and even test driving isn't always possible.

"And you give up things. You can't take this thing off road. It's a two-seater, and you can't tow anything."

In fact, the carrying capacity is just 360 pounds.

"My wife and I can't gain a lot of weight!" he said. When buying or toting heavy items, like bags of cat food or mulch, a second car is needed, he said.

But, then again, there is that mileage.

"Saving money on gas is nice, but I bought the car because it just seemed like the right thing to do," Shapiro said.

Steve Ertzberger, a sales manager at Fisher Honda, said the dealership sells two or three Insights a month.

He said Boulder's environmentally friendly attitude helps move the cars -- but most buyers are more interested in the fuel economy.

Which means the hybrids couldn't have come at a better time. Gas prices were high last summer, high this year, and show no signs of dropping precipitously anytime soon.

Scott Reed, a spokesman with Regional Transportation District, said ridership tends to peak when gas prices are at their highest -- though the last two years' high prices have coincided with low unemployment, which also stimulates increased usage of public transportation.

RTD has also launched a hybrid-electric program of its own. So far, the district has received 23 hybrid-electric buses for downtown Denver.

About 20 are already in use along the 16th Street Mall, Reed said.

"It meets the needs on the mall -- they are ultra-low emission vehicles and really quiet," Reed said.

The City of Denver is also using hybrid and all-electric vehicles. The city's "Take Charge" program, funded by federal grant, includes 39 Toyota Priuses and seven all-electric RAV4-EVs, also by Toyota.

The Priuses are used by the city's public works and fire departments, while the RAV4's are leased by organizations and companies.

Boulder's FreeWave Technology, a wireless applications company, is leasing one of the cars, which charges at the solar-powered home of its chief technology officer and chairman.

CTO Jonathan Sawyer said the RAV4 is used as a company car. The firm is in the process of building a solar-powered station to charge it, and possibly additional electric cars.

"I've personally been an electric car advocate for years," Sawyer said. "I'm tickled pink that we got to participate in the program."

The lease is an expensive $600 a month. Sawyer said the car has a 120 mile range, followed by four to five hours of charging time. More typically, FreeWave's electric car travels about 25 miles a day, followed by a one-hour needed charge time.

Sawyer scoffs at the hybrids, calling them "marketing gimmicks" that still burn gas and produce smog.

But the public may be more apt to accept the hybrids over the electrics, and manufacturers have been moving to embrace them.

General Motors already has an all-electric that flopped -- its EV1, which Sawyer also owned, was released in 1999. The car, with a maximum driving range of 95 miles and downtime for recharges clocking in at six hours, was discontinued.

The list price on the RAV4 is $42,000, which will price it out of many garages, and drivers may be held at bay by the driving range and needed downtime.

Price is hardly the only factor keeping hybrids and electrics a specialty market. Consumers continue to favor gas guzzlers over fuel-efficient compact cars. Sales of sport-utility vehicles were up 9 percent last year to 3.5 million, even as the whole car and truck market declined by 7 percent.

And as gas prices soared the summer of 2000, and again this year, Americans are snapping up cars with the poorest fuel economy since 1980, the government says.

The Transportation Department reports that for purchases of model year 2001 cars -- based on March figures -- cars are getting an average fuel economy of 28.7 miles a gallon, and light trucks are getting only 20.9.

But there may be light at the end of the SUV-packed tunnel. Detroit is following Japan's lead, with Ford, DaimlerChrysler and General Motors expecting to make hybrid versions of their highly popular SUVs in the next few years.

Ford's Escape, Explorer and Daimler's Dodge Durango are expected to be first off the line, with hybrid-electric versions being planned for 2003.

To see more of the Daily Camera, or to subscribe to the newspaper, go to http://www.bouldernews.com/

(c) 2001, Daily Camera, Boulder, Colo. Distributed by Knight Ridder/Tribune Business News.

TOYOY, HMC, F, DCX, GM,

Hybrid Car Owners Testify To Vehicles' Benefits, Drawbacks.

By Erika Stutzman, Daily Camera, Boulder, Colo. Knight Ridder/Tribune Business News

Jun. 4--On a perfect day, when the sun was shining and there was no wind or heavy traffic, Jim Shapiro got 103.3 miles per gallon from Superior to Denver, where he met a friend for lunch.

With gas prices flirting with $2 a gallon, the savings over the summer will add up to more than just lunch money.

"It's pretty small, and noisy at high speeds, but for what I need it for, it's perfect," said Shapiro, a Boulder physicist and programmer who bought his Honda Insight a year ago.

The two hybrid-electric cars on the market -- the Insight and the Toyota Prius -- run on both gasoline and electricity. They use less fuel, and generate fewer pollutants.

Dealers say about 20,000 hybrid cars will be sold in the United States this year -- solidifying public interest, but representing a very slim number of the 15 million or more new cars sold each year.

The hybrids use a fuel-efficient gas engine spurred on by an electric motor -- so they don't need down time to charge as do all-electric cars. The cars' computers "tell" the engine and motor how to get the best possible fuel economy.

Shapiro's Insight gets so much attention, he's printed up a sheet with frequently asked questions to hand out to people who ask him about the car.

"People are curious in parking lots, even at intersections," he says. "So I printed this up. But I usually will sit and talk to people anyway."

What Shapiro tells people is the Insight -- which he bought with a list price of $19,320 without air conditioning -- is the right car for him, but not a perfect car.

The mileage is outstanding, averaging 75 miles per gallon. Shapiro fills the tank every six weeks, though he generally commutes to his job at the Denver Tech Center by bus.

It's fast enough -- 75 miles per hour is no problem, but as a very quiet car, it picks up a lot of road noise above 50 mph.

"It's fun to drive. It's low to the ground so it corners great," he said.

Shapiro's "fun" quotient is high, too. His first car was a '36 Ford three-window coupe which he had as a Massachusetts Institute of Technology undergraduate in 1957. He replaced the engine with a racing engine. More recently, he had a '66 Mustang, which he gave to his grown son.

But buying the Insight wasn't as fun as driving it, he said. Dealers don't keep a lot in stock -- and often don't have any at all -- so browsing and even test driving isn't always possible.

"And you give up things. You can't take this thing off road. It's a two-seater, and you can't tow anything."

In fact, the carrying capacity is just 360 pounds.

"My wife and I can't gain a lot of weight!" he said. When buying or toting heavy items, like bags of cat food or mulch, a second car is needed, he said.

But, then again, there is that mileage.

"Saving money on gas is nice, but I bought the car because it just seemed like the right thing to do," Shapiro said.

Steve Ertzberger, a sales manager at Fisher Honda, said the dealership sells two or three Insights a month.

He said Boulder's environmentally friendly attitude helps move the cars -- but most buyers are more interested in the fuel economy.

Which means the hybrids couldn't have come at a better time. Gas prices were high last summer, high this year, and show no signs of dropping precipitously anytime soon.

Scott Reed, a spokesman with Regional Transportation District, said ridership tends to peak when gas prices are at their highest -- though the last two years' high prices have coincided with low unemployment, which also stimulates increased usage of public transportation.

RTD has also launched a hybrid-electric program of its own. So far, the district has received 23 hybrid-electric buses for downtown Denver.

About 20 are already in use along the 16th Street Mall, Reed said.

"It meets the needs on the mall -- they are ultra-low emission vehicles and really quiet," Reed said.

The City of Denver is also using hybrid and all-electric vehicles. The city's "Take Charge" program, funded by federal grant, includes 39 Toyota Priuses and seven all-electric RAV4-EVs, also by Toyota.

The Priuses are used by the city's public works and fire departments, while the RAV4's are leased by organizations and companies.

Boulder's FreeWave Technology, a wireless applications company, is leasing one of the cars, which charges at the solar-powered home of its chief technology officer and chairman.

CTO Jonathan Sawyer said the RAV4 is used as a company car. The firm is in the process of building a solar-powered station to charge it, and possibly additional electric cars.

"I've personally been an electric car advocate for years," Sawyer said. "I'm tickled pink that we got to participate in the program."

The lease is an expensive $600 a month. Sawyer said the car has a 120 mile range, followed by four to five hours of charging time. More typically, FreeWave's electric car travels about 25 miles a day, followed by a one-hour needed charge time.

Sawyer scoffs at the hybrids, calling them "marketing gimmicks" that still burn gas and produce smog.

But the public may be more apt to accept the hybrids over the electrics, and manufacturers have been moving to embrace them.

General Motors already has an all-electric that flopped -- its EV1, which Sawyer also owned, was released in 1999. The car, with a maximum driving range of 95 miles and downtime for recharges clocking in at six hours, was discontinued.

The list price on the RAV4 is $42,000, which will price it out of many garages, and drivers may be held at bay by the driving range and needed downtime.

Price is hardly the only factor keeping hybrids and electrics a specialty market. Consumers continue to favor gas guzzlers over fuel-efficient compact cars. Sales of sport-utility vehicles were up 9 percent last year to 3.5 million, even as the whole car and truck market declined by 7 percent.

And as gas prices soared the summer of 2000, and again this year, Americans are snapping up cars with the poorest fuel economy since 1980, the government says.

The Transportation Department reports that for purchases of model year 2001 cars -- based on March figures -- cars are getting an average fuel economy of 28.7 miles a gallon, and light trucks are getting only 20.9.

But there may be light at the end of the SUV-packed tunnel. Detroit is following Japan's lead, with Ford, DaimlerChrysler and General Motors expecting to make hybrid versions of their highly popular SUVs in the next few years.

Ford's Escape, Explorer and Daimler's Dodge Durango are expected to be first off the line, with hybrid-electric versions being planned for 2003.

To see more of the Daily Camera, or to subscribe to the newspaper, go to http://www.bouldernews.com/

(c) 2001, Daily Camera, Boulder, Colo. Distributed by Knight Ridder/Tribune Business News.

TOYOY, HMC, F, DCX, GM,

Hybrid Car Owners Testify To Vehicles' Benefits, Drawbacks.

By Erika Stutzman, Daily Camera, Boulder, Colo. Knight Ridder/Tribune Business News

Jun. 4--On a perfect day, when the sun was shining and there was no wind or heavy traffic, Jim Shapiro got 103.3 miles per gallon from Superior to Denver, where he met a friend for lunch.

With gas prices flirting with $2 a gallon, the savings over the summer will add up to more than just lunch money.

"It's pretty small, and noisy at high speeds, but for what I need it for, it's perfect," said Shapiro, a Boulder physicist and programmer who bought his Honda Insight a year ago.

The two hybrid-electric cars on the market -- the Insight and the Toyota Prius -- run on both gasoline and electricity. They use less fuel, and generate fewer pollutants.

Dealers say about 20,000 hybrid cars will be sold in the United States this year -- solidifying public interest, but representing a very slim number of the 15 million or more new cars sold each year.

The hybrids use a fuel-efficient gas engine spurred on by an electric motor -- so they don't need down time to charge as do all-electric cars. The cars' computers "tell" the engine and motor how to get the best possible fuel economy.

Shapiro's Insight gets so much attention, he's printed up a sheet with frequently asked questions to hand out to people who ask him about the car.

"People are curious in parking lots, even at intersections," he says. "So I printed this up. But I usually will sit and talk to people anyway."

What Shapiro tells people is the Insight -- which he bought with a list price of $19,320 without air conditioning -- is the right car for him, but not a perfect car.

The mileage is outstanding, averaging 75 miles per gallon. Shapiro fills the tank every six weeks, though he generally commutes to his job at the Denver Tech Center by bus.

It's fast enough -- 75 miles per hour is no problem, but as a very quiet car, it picks up a lot of road noise above 50 mph.

"It's fun to drive. It's low to the ground so it corners great," he said.

Shapiro's "fun" quotient is high, too. His first car was a '36 Ford three-window coupe which he had as a Massachusetts Institute of Technology undergraduate in 1957. He replaced the engine with a racing engine. More recently, he had a '66 Mustang, which he gave to his grown son.

But buying the Insight wasn't as fun as driving it, he said. Dealers don't keep a lot in stock -- and often don't have any at all -- so browsing and even test driving isn't always possible.

"And you give up things. You can't take this thing off road. It's a two-seater, and you can't tow anything."

In fact, the carrying capacity is just 360 pounds.

"My wife and I can't gain a lot of weight!" he said. When buying or toting heavy items, like bags of cat food or mulch, a second car is needed, he said.

But, then again, there is that mileage.

"Saving money on gas is nice, but I bought the car because it just seemed like the right thing to do," Shapiro said.

Steve Ertzberger, a sales manager at Fisher Honda, said the dealership sells two or three Insights a month.

He said Boulder's environmentally friendly attitude helps move the cars -- but most buyers are more interested in the fuel economy.

Which means the hybrids couldn't have come at a better time. Gas prices were high last summer, high this year, and show no signs of dropping precipitously anytime soon.

Scott Reed, a spokesman with Regional Transportation District, said ridership tends to peak when gas prices are at their highest -- though the last two years' high prices have coincided with low unemployment, which also stimulates increased usage of public transportation.

RTD has also launched a hybrid-electric program of its own. So far, the district has received 23 hybrid-electric buses for downtown Denver.

About 20 are already in use along the 16th Street Mall, Reed said.

"It meets the needs on the mall -- they are ultra-low emission vehicles and really quiet," Reed said.

The City of Denver is also using hybrid and all-electric vehicles. The city's "Take Charge" program, funded by federal grant, includes 39 Toyota Priuses and seven all-electric RAV4-EVs, also by Toyota.

The Priuses are used by the city's public works and fire departments, while the RAV4's are leased by organizations and companies.

Boulder's FreeWave Technology, a wireless applications company, is leasing one of the cars, which charges at the solar-powered home of its chief technology officer and chairman.

CTO Jonathan Sawyer said the RAV4 is used as a company car. The firm is in the process of building a solar-powered station to charge it, and possibly additional electric cars.

"I've personally been an electric car advocate for years," Sawyer said. "I'm tickled pink that we got to participate in the program."

The lease is an expensive $600 a month. Sawyer said the car has a 120 mile range, followed by four to five hours of charging time. More typically, FreeWave's electric car travels about 25 miles a day, followed by a one-hour needed charge time.

Sawyer scoffs at the hybrids, calling them "marketing gimmicks" that still burn gas and produce smog.

But the public may be more apt to accept the hybrids over the electrics, and manufacturers have been moving to embrace them.

General Motors already has an all-electric that flopped -- its EV1, which Sawyer also owned, was released in 1999. The car, with a maximum driving range of 95 miles and downtime for recharges clocking in at six hours, was discontinued.

The list price on the RAV4 is $42,000, which will price it out of many garages, and drivers may be held at bay by the driving range and needed downtime.

Price is hardly the only factor keeping hybrids and electrics a specialty market. Consumers continue to favor gas guzzlers over fuel-efficient compact cars. Sales of sport-utility vehicles were up 9 percent last year to 3.5 million, even as the whole car and truck market declined by 7 percent.

And as gas prices soared the summer of 2000, and again this year, Americans are snapping up cars with the poorest fuel economy since 1980, the government says.

The Transportation Department reports that for purchases of model year 2001 cars -- based on March figures -- cars are getting an average fuel economy of 28.7 miles a gallon, and light trucks are getting only 20.9.

But there may be light at the end of the SUV-packed tunnel. Detroit is following Japan's lead, with Ford, DaimlerChrysler and General Motors expecting to make hybrid versions of their highly popular SUVs in the next few years.

Ford's Escape, Explorer and Daimler's Dodge Durango are expected to be first off the line, with hybrid-electric versions being planned for 2003.

To see more of the Daily Camera, or to subscribe to the newspaper, go to http://www.bouldernews.com/

(c) 2001, Daily Camera, Boulder, Colo. Distributed by Knight Ridder/Tribune Business News.

TOYOY, HMC, F, DCX, GM,

Monday, March 5, 2012

Newsbriefs

Alabama governor

punishes two aides

MONTGOMERY, Ala. - Two more aides have been punished by Gov. DonSiegelman for their role in Alabama's ticket-fixing scandal.

The two-week suspensions of Siegelman's legislative liaison,Sheron Rose, and Chris Pitts, his community relations director, cameTuesday as the governor's legal adviser issued a report on thescandal showing there have been favors with traffic tickets in thestate for many years.

Such abuse "undercuts public confidence in government, and I amproud to be the governor who puts a stop to it," Siegelman said.

Pitts and Rose, who were suspended without pay, had admittedtheir …

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QUALCOMM FEELS HEAT FROM RIVAL.(BUSINESS)

Byline: -- Bloomberg News

SAN DIEGO -- Shares of Qualcomm Inc., which developed the world's second-most popular wireless phone technology, fell as much as 10 percent after Motorola Inc. said it will make semiconductors for phones to compete with Qualcomm.

Qualcomm fell 7 3/16 to 145 5/16 in late trading. The stock is the best performer on the Standard & …