Vote planned Dec. three on deficit commission ultimate report

The final version of the Bowles-Simpson deficit commission proposal was laid to rest Wednesday. To cut into deficit spending by as much as $4 trillion over 10 years, the deficit commission statement outlines systemic tax and spending revisions. Politicians of both parties are denouncing the tough realities presented within the deficit lowering plan, which is ironically titled "Moment of Truth". Article resource – Deficit commission submits final report for panel vote on Dec. 3 by Money Blog Newz.

Deficit commission dealing with the ‘Moment of Truth’

The deficit commission is an 18-member panel co-chaired by Democrat Erskine Bowles, President Clinton’s previous chief of staff, and former Republican senator from Wyoming Alan Simpson. The panel will election on the deficit reduction recommendations suggested by “Moment of Truth” on Friday, Dec. three. To put Congress on the fast track to implement its deficit reduction policy, 14 members of the panel must vote in favor of the proposal. In the deficit commission statement, Bowles and Simpson said “The era of debt denial is over, and there could be no turning back. We sign our names to this strategy because we love our kids, our grandchildren and our country too much not to act while we nevertheless have the chance."

Particulars regarding the deficit commission statement

The deficit commission report has to be accepted politically. That meant the version submitted three weeks ago has been revised. There would be an end to income tax rates. It would also make it so tax credits and expenditures would end. There would be a decrease in the highest income tax rate. It would go down to 23-29 percent from 39.6 percent. The Social Security retirement age would rise to 68 in 2050 and 69 in 2075. The income cap on payroll taxes would be raised to $190,000. Republicans were happy when a cap on tax revenue was added in. Also, a return to 2008 spending amounts and a $50 billion immediate spending cut would happen. For Democrats, upper-income Social Security cuts and a Medicare voucher program for private insurance were scaled back.

Deficit reduction as opposed to politics and the community

The deficit commission report isn't all that popular with some. They say it isn't realistic to pass. The wheeling and dealing that has resulted within the current $1.three trillion budget deficit and $13.8 trillion national debt could be a hard habit to break. The debt commission is submitting its blueprint for deficit reduction to a Congress continuing to pass legislation that inflates the bottom line. The idea is not accepted very well. The public especially feels this way. Many say that as long as they continue to get every little thing they’re "entitled" to, then it is fine to lower the deficit.

Citations

USA Today

usatoday.com/news/washington/2010-12-01-deficit-plan_N.htm

Business Week

businessweek.com/news/2010-12-01/social-security-income-tax-cuts-part-of-debt-plan.html

ABC News

abcnews.go.com/Politics/budget-deficit-commission-release-report-political-tackle/story?id=12279916

Ace of Cakes cancelled from the Food Network station

Following next year, Goldman, the 35-year-old celebrity baker on the reality TV program "Ace of Cakes," will no longer be a regular sight on the Food Network station. "Ace of Cakes" will start airing its 10th and final year the coming year in January. Article source – Food Network confirms final season for Ace of Cakes by Money Blog Newz.

Food Network no more exhibiting ‘Ace of Cakes’

Food Network confirmed in a statement Sunday the 10th year of “Ace of Cakes” could be its last, according to the Associated Press. Duff Goldman, along with his colorful crew at Charm City Cakes in Baltimore, M.D., will nevertheless be in business, however now without the cameras and Food Network promotions. The show's end was confirmed by :

It’s true: All good things must come to an end. Ace of Cakes’ 10th season, set to air in January, will be our last.

About three weeks ago, we completed filming and wished a tearful goodbye to our beloved crew from Authentic Entertainment (and threw a rager of a wrap party).

There are, of course, lots of mixed feelings about this news …

Charm City Cakes and Goldman show up on the ‘Ace of Cakes’ program

Becoming famous for Jeffrey Adam "Duff" Goldman was a matter of business with cakes. The cakes were extremely unusual. Charm City Cakes was opened by the Michigan-born man in 2000. Business grew, and so did the need to hire more employees. Those employed by Goldman were not the typical pastry chefs with experience. Sculptors, painters and architects were hired.

Torches, drills and grinders can be found in Charm City Cakes. This is what the Goldman cakes are made from in his bakery.

The conclusion of Ace of Cakes

Some of the best ratings for prime-time showings were given to Ace of Cakes. The Food Network station typically wouldn't do that well. Goldman said it all. He explained all good things must end in time. However, thinking about the man’s love for all cakes beautiful and weird, fans are hoping they’ll get another slice of “Ace of Cakes” on other Food Network programs.

Details from

Yahoo

finance.yahoo.com/news/Food-Network-cancels-Ace-of-apf-3381503237.html?x=0&.v=1

Wikipedia

en.wikipedia.org/wiki/Duff_Goldman

Cranberry Sauce recipe - Going beyond the canned jelly

For a lot of people, a cranberry sauce recipe means opening up a can of any jelly-like substance. A good cranberry sauce recipe ought to be more than that, though. Sure, creating a cranberry sauce recipe takes more time than opening a can. The time and effort is worth the flavor, though. Article resource – Cranberry Sauce recipe – Going beyond the canned jelly by Money Blog Newz.

Significant things to keep in mind when following a cranberry sauce recipe

Cranberry sauce recipes have to have some basic things in them. They’re the exact same throughout all recipes. Numerous like to put cranberries with turkey, stuffing and vanilla ice cream. This is due to its bright, acidic flavor. Make sure your cranberry sauce has a lot of flavor. It should not be too sweet or too acidic though. It’s a tall order, however relatively easy to fill.

A cranberry sauce recipe you blend collectively

A good blended cranberry sauce recipe is quick, easy, and ought to be simple enough you can ask the twelve-year old to look after it. This cranberry sauce recipe creates a thick, relish-like cranberry sauce. In a food processor or blender, you can blend these ingredients:

• You will need a 12-ounce bag of fresh cranberries
• Peel and separate one large orange
• You will need 1 cup of sugar. Get ¾ cup agave nectar if that's not what you want
• Get 2 ounces of whiskey or ¼ cup of orange juice or ginger ale

Baked cranberry sauce recipe

A lot of people prefer their cranberry sauce recipe to be more of a dipping sauce. This means you will likely benefit more from a baked cranberry sauce recipe. On high heat in a stainless steel or aluminum sauce pan, mix:

• 1 12-ounce bag frozen cranberries
• 1 cup orange juice
• 3 cups ginger ale
• 1/4 cup brown sugar
• zest of one small orange

Bring all of this to a boil. The heat needs to be reduced to medium for 45 minutes. About 2 cups of thick sauce will come from this. Combine with a stick or stand blender. Serve it now. It is a dipping sauce for the guests.

What to do with the remaining cranberry sauce recipe

If you’ve leftover cranberry sauce recipe following the holiday holiday, you’ve got various choices. You can put it in the fridge if it is sealed. Later you can put it on ice cream if you choose. You can get 8 ounces of cream cheese and mix it with ½ to ¾ cup of cranberry sauce recipe that’s remaining. This is great for turkey sandwiches as a spread.

China-Russia dollar transfer might indicate end to manipulation of yuan

Trade between Russia and China will no longer involve the U.S. dollar, a development made public by the two countries Wednesday. Word came from St. Petersburg about the decision as the 2 countries met there for a conference on Trade and energy cooperation. The China-Russia dollar decision is not seen as detrimental to United States currency exchange and could force the value of the yuan in line with other global currencies.

China and Russia opt-out of using the U.S. dollar for bilateral transactions

The connection with the U.S. dollar, China and Russia has officially ended. China and Russia are former enemies that required importers from each country to use a third-party currency for bilateral transactions. The dollar was the third-party currency of choice, and last year Russia-China trade was valued at $ 38.8 billion. Russia-China trade is expected to reach $ 60 billion in 2010. As of Nov. 24, either rubles or yuan must be used for all Russia-China trade.

Motivating factors behind this dollar change

The Russian ruble is a part of the Chinese stock exchange already. The Chinese yuan is expected to start trading in Moscow in December. International Business Times reports that this change has nothing to do with America. This is merely a precaution taken by the two countries in the wake of the global financial crisis. The largest contributing factor is really probably nothing more than a Russia-China oil contract. A new Siberian oil pipeline will soon pump 1 billion barrels of Russian oil into China every year. Russia is requesting the oil be exchanged through rubles.

What issues arise from international money?

The China-Russia dollar move isn’t expected to change the dollar’s role in international trade. According to Joe Weisenthal at Business Insider, China and Russia switching to yuan and rubles for bilateral trade is something the world has been waiting for. The U.S. in particular wants the yuan to become a real trade currency, valued on the same level in relation to other currencies, instead of being manipulated by the Chinese government.

Information from

International Business Times

ibtimes.com/articles/85216/20101124/china-russia-dollar-vladimir-putin-wen-jiabao-ruble-yuan-bilateral-trade.htm

Business Insider

businessinsider.com/china-and-russia-drop-dollar-for-bilateral-trade-2010-11

NASDAQ

community.nasdaq.com/News/2010-11/china-russia-open-up-nondollar-trading.aspx?storyid=46466

Consumers favored instant cash over credit cards on Black Friday

This year, the charge card corporations took a blow on Black Friday. Much more shoppers than ever before used immediate cash instead. Less individuals want to get buried in financial debt and preferred to use their own money. In fact, use of fast cash increased by 50 percent.

Rather than utilizing credit cards, more are paying with cash

Charge cards are used like crazy on Black Friday. Malls and stores all over the nation fill with people trying to get discounts on Black Friday. A number of people paid with cash this year though. Adding financial debt with charge cards was not much of an option for some. The new iPod could wait a week or 2 for some. They decided that VISA, MasterCard or Discover would only leave them with a cash advance in January that needed paying. The awareness in The United States is shocking. Also, Reuter's accounts, several Americans are leaving the cards alone now. In 2009, 30.9 percent of Black Friday consumers used credit cards, based on a study by America's Research group and UBS while Black Friday 2010 ended up having only 16.3 percent utilizing charge cards.

A more responsible way for making buys

Not only did fewer individuals send themselves running for payday loans and hurtling down the road to needing financial debt relief from credit cards, they also cut back on how much they spent. Cash, checks and debit cards were utilized more this year to have about $41 per purchase rather than the charge card purchase of $87. It seems like responsible spending has helped make consumer spending go up.

Poor financial debt

Debt isn’t such a great thing. It seems like much more people have noticed this. People restraining themselves from getting massive personal financing from the card corporations, and saving up for large buys is an incredibly healthy thing.

Info from

Reuters

reuters.com/article/idUSTRE6AT43S20101130

NASA press conference on extraterrestrial existence on Dec. two

The hunt for extraterrestrial existence is the topic of a NASA press conference scheduled for Thurs. In a move one would expect from a web-savvy business like Apple, National Aeronautics and Space Administration has scheduled a press event with a cryptic description that initiates a flurry of conjecture. Based on the list of scientists involved within the press conference, the announcement might be about an astrobiology discovery that hints at the possibility of life on nearby worlds.

Astrobiology one thing National Aeronautics and Space Administration finds

In a statement about the National Aeronautics and Space Administration press conference, the space agency said that it will announce an astrobiology finding that will “impact the hunt for extraterrestrial existence.” No other data is offered except for a list of scientists participating within the press conference. A geologist, an oceanographer, a biologist and an ecologist — scientists who are working on NASA astrobiology programs — will conduct a panel discussion. The National Aeronautics and Space Administration headquarters in Washington D.C. can be where the press conference is held at 2 p.m. EST.

Is life on Titan possible?

The National Aeronautics and Space Administration press conference has led many to make speculations on what is occurring. Finding life on Titan, Saturn's largest moon, is just one of these speculations. The group of scientists in attendance includes Pamela Conrad, an expert on geology as proof of life on Mars. Felisa Wolfe-Simon is an oceanographer who has written about photosynthesis and arsenic, an element known to exist on Titan. Titan's environment resembling earths is one thing Stephen Benner has written about as a National Aeronautics and Space Administration Biologist. NASA's astrobiology program has James Elser as an ecologist. He knows all about environments and the chemistry that existence needs to be sustained.

Looking for extraterrestrial life is National Aeronautics and Space Administration

There have been a ton of discoveries in the extraterrestrial existence search that National Aeronautics and Space Administration’s press conference is following. In September a planet called Gliese 581g was found at a distance from its star called the Goldilocks Zone, a region where a planet could hold liquid water on its surface. On Nov. 20 NASA announced the discovery of the 500th planet orbiting distant stars beyond our solar system. There is a small section of space that has about 156,000 stars in it that might have 700 possible alien worlds which was found by the Kepler Mission.

Details from

Space.com

space.com/news/nasa-astrobiology-discovery-announcement-101130.html

Kottke.org

kottke.org/10/11/has-nasa-discovered-extraterrestrial-life

CBS News

cbsnews.com/8301-501465_162-20024158-501465.html

12 entries available for Oprah.com/12days

Oprah.com/12days is this year’s center for the Holiday Give-O-Way. This contest will give 12 those who win a prize package worth about $29,510. There are 12 chances to take part on Oprah.com/12days, one for each day, starting on November 29.

Taking part in on Oprah.com/12days

Each person can get 12 entries on the Oprah.com/12days sweepstakes. The entries are each protected with a code that is listed on Oprah.com/12days, to help prevent automatic entries. Additional entries can be “won” by friending the twelve days contest on Facebook and Twitter. The 12days sweepstakes at Oprah.com is being sponsored by FedEx and Hallmark.

The awards for Oprah.com/12days

What is being given away at the twelve days contest are more than ever. They contain items from Oprah’s “Favorite Things” as well as additional presents from many of the stars that Oprah has helped to launch. Included within the gift pack at Oprah.com/12days could be things such as $6,810 to cover tax liability the winner may have to pay, things from the "Oprah's Preferred Things" show and each of the 2010 O List Holiday Edition episodes. The Oprah.com/12days site lists what the value of the gift pack is. About $29,510 is the value. The sweepstakes will choose only 12 those who win.

Go to Oprah.com/12days for winners list

The Oprah.com/12days winners will be listed on the website. February 7, 2011 will be when this is announced. The winners will be chosen and notified by December 13, 2010. In 3 days, the potential winner has to respond to the phone, email or postal mail. A new winner could be chosen if they don't respond. Before Dec 25, the presents on Oprah.com/12days will be given out already. That way they have it for Christmas. Both Oprah.com/12days and Harpo productions have to be allowed to use the winner's names, pictures and info. Marketing and announcements will need this info.

Info from

Oprah

oprah.com/12days