Monday, October 22, 2012

George McGovern dies; lost 1972 presidential bid

FILE - In this July 14, 1972 file photo, Sen. George S. McGovern makes his acceptance speech at the Democratic National Convention in Miami Beach. At left is his running mate, Sen. Thomas F. Eagleton of Missouri, and at right, convention chairman Lawrence F. O'Brien. A family spokesman says, McGovern, the Democrat who lost to President Richard Nixon in 1972 in a historic landslide, has died at the age of 90. According to the spokesman, McGovern died Sunday, Oct. 21, 2012 at a hospice in Sioux Falls, surrounded by family and friends. (AP Photo)

FILE - In this July 14, 1972 file photo, Sen. George S. McGovern makes his acceptance speech at the Democratic National Convention in Miami Beach. At left is his running mate, Sen. Thomas F. Eagleton of Missouri, and at right, convention chairman Lawrence F. O'Brien. A family spokesman says, McGovern, the Democrat who lost to President Richard Nixon in 1972 in a historic landslide, has died at the age of 90. According to the spokesman, McGovern died Sunday, Oct. 21, 2012 at a hospice in Sioux Falls, surrounded by family and friends. (AP Photo)

FILE - In this July 14, 1972 file photo, Sen. George S. McGovern with his wife, Eleanor, and Sen. Thomas F. Eagleton with his wife, Barbara Ann, stand before the Democratic National Convention delegates who chose them to try to capture the White House from President Richard Nixon in Miami. A family spokesman says, McGovern, the Democrat who lost to President Richard Nixon in 1972 in a historic landslide, has died at the age of 90. According to the spokesman, McGovern died Sunday, Oct. 21, 2012 at a hospice in Sioux Falls, surrounded by family and friends. (AP Photo)

FILE - In this undated file photo, Sen. George McGovern sits in the cockpit of a training plane. A family spokesman says, McGovern, the Democrat who lost to President Richard Nixon in 1972 in a historic landslide, has died at the age of 90. According to the spokesman, McGovern died Sunday, Oct. 21, 2012 at a hospice in Sioux Falls, surrounded by family and friends.(AP Photo, File)

FILE - In this Feb. 23, 1984 file photo, Rev. Jesse Jackson, left, and former Sen. George McGovern both gesture during the Democratic presidential debate in Manchester, N.H. A family spokesman says, McGovern, the Democrat who lost to President Richard Nixon in 1972 in a historic landslide, has died at the age of 90. According to the spokesman, McGovern died Sunday, Oct. 21, 2012 at a hospice in Sioux Falls, surrounded by family and friends.(AP Photo, File)

FILE - In this March 10, 1969 file photo, Rosalie Bryant holds her two year old son, Gregory Michael as she talks to Senators George McGovern, D-S.D., right and Jacob Javits, R-N.Y., in Immokalee, Fla. A family spokesman says, McGovern, the Democrat who lost to President Richard Nixon in 1972 in a historic landslide, has died at the age of 90. According to the spokesman, McGovern died Sunday, Oct. 21, 2012 at a hospice in Sioux Falls, surrounded by family and friends.(AP Photo/Jim Bourdier, File)

SIOUX FALLS, S.D. (AP) ? George McGovern once joked that he had wanted to run for president in the worst way ? and that he had done so.

It was a campaign in 1972 dishonored by Watergate, a scandal that fully unfurled too late to knock Republican President Richard M. Nixon from his place as a commanding favorite for re-election. The South Dakota senator tried to make an issue out of the bungled attempt to wiretap the offices of the Democratic National Committee, calling Nixon the most corrupt president in history.

But the Democrat could not escape the embarrassing missteps of his own campaign. The most torturous was the selection of Missouri Sen. Thomas F. Eagleton as the vice presidential nominee and, 18 days later, following the disclosure that Eagleton had undergone electroshock therapy for depression, the decision to drop him from the ticket despite having pledged to back him "1,000 percent."

It was at once the most memorable and the most damaging line of his campaign, and called "possibly the most single damaging faux pas ever made by a presidential candidate" by the late political writer Theodore H. White.

After a hard day's campaigning ? Nixon did virtually none ? McGovern would complain to those around him that nobody was paying attention. With R. Sargent Shriver as his running mate, he went on to carry only Massachusetts and the District of Columbia, winning just 38 percent of the popular vote in one of the biggest losses in American presidential history.

"Tom and I ran into a little snag back in 1972 that in the light of my much advanced wisdom today, I think was vastly exaggerated," McGovern said at an event with Eagleton in 2005. Noting that Nixon and his running mate, Spiro Agnew, would both ultimately resign, he joked, "If we had run in '74 instead of '72, it would have been a piece of cake."

A proud liberal who had argued fervently against the Vietnam War as a Democratic senator from South Dakota and three-time candidate for president, McGovern died at 5:15 a.m. Sunday at a Sioux Falls hospice, family spokesman Steve Hildebrand told The Associated Press. McGovern was 90.

McGovern's family had said late last week that McGovern had become unresponsive while in hospice care, and Hildebrand said he was surrounded by family and lifelong friends when he died.

"We are blessed to know that our father lived a long, successful and productive life advocating for the hungry, being a progressive voice for millions and fighting for peace. He continued giving speeches, writing and advising all the way up to and past his 90th birthday, which he celebrated this summer," the family said in the statement.

A public viewing is planned Thursday at First United Methodist Church in Sioux Falls. Funeral services will be Friday at Mary Sommervold Hall at the Washington Pavilion of Arts and Science in Sioux Falls.

A decorated World War II bomber pilot, McGovern said he learned to hate war by waging it. In his disastrous race against Nixon, he promised to end the Vietnam War and cut defense spending by billions of dollars. He helped create the Food for Peace program and spent much of his career believing the United States should be more accommodating to the former Soviet Union.

Never a showman, he made his case with a style as plain as the prairies where he grew up, often sounding more like the Methodist minister he once studied to become than the longtime U.S. senator and three-time candidate for president he became.

And he never shied from the word "liberal," even as other Democrats blanched at the word and Republicans used it as an epithet.

"I am a liberal and always have been," McGovern said in 2001. "Just not the wild-eyed character the Republicans made me out to be."

McGovern's campaign, nevertheless, left a lasting imprint on American politics. Determined not to make the same mistake, presidential nominees have since interviewed and intensely investigated their choices for vice president. Former President Bill Clinton got his start in politics when he signed on as a campaign worker for McGovern in 1972 and is among the legion of Democrats who credit him with inspiring them to pursue public service.

"I believe no other presidential candidate ever has had such an enduring impact in defeat," Clinton said in 2006 at the dedication of McGovern's library in Mitchell, S.D. "Senator, the fires you lit then still burn in countless hearts."

George Stanley McGovern was born on July 19, 1922, in the small farm town of Avon, S.D, the son of a Methodist pastor. He was raised in Mitchell, shy and quiet until he was recruited for the high school debate team and found his niche. He enrolled at Dakota Wesleyan University in his hometown and, already a private pilot, volunteered for the Army Air Force soon after the Japanese attack on Pearl Harbor.

The Army didn't have enough airfields or training planes to take him until 1943. He married his wife, Eleanor Stegeberg, and arrived in Italy the next year. That would be his base for the 35 missions he flew in the B-24 Liberator christened the "Dakota Queen" after his new bride.

In a December 1944 bombing raid on the Czech city of Pilsen, McGovern's plane was hit by anti-aircraft fire that disabled one engine and set fire to another. He nursed the B-24 back to a British airfield on an island in the Adriatic Sea, earning the Distinguished Flying Cross. On his final mission, his plane was hit several times, but he managed to get it back safety ? one of the actions for which he received the Air Medal.

McGovern returned to Mitchell and graduated from Dakota Wesleyan after the war's end, and after a year of divinity school, shifted to the study of history and political science at Northwestern University. He earned his master's and doctoral degrees, returned to Dakota Wesleyan to teach history and government, and switched from his family's Republican roots to the Democratic Party.

"I think it was my study of history that convinced me that the Democratic Party was more on the side of the average American," he said.

In the early 1950s, Democrats held no major offices in South Dakota and only a handful of legislative seats. McGovern, who had gotten into Democratic politics as a campaign volunteer, left teaching in 1953 to become executive secretary of the South Dakota Democratic Party. Three years later, he won an upset election to the House; he served two terms and left to run for Senate.

Challenging conservative Republican Sen. Karl Mundt in 1960, he lost what he called his "worst campaign." He said later that he'd hated Mundt so much that he'd lost his sense of balance.

President John F. Kennedy named McGovern head of the Food for Peace program, which sends U.S. commodities to deprived areas around the world. He made a second Senate bid in 1962, unseating Sen. Joe Bottum by just 597 votes. He was the first Democrat elected to the U.S. Senate from South Dakota since 1930.

In his first year in office, McGovern took to the Senate floor to say that the Vietnam War was a trap that would haunt the United States ? a speech that drew little notice. He voted the following August in favor of the Gulf of Tonkin resolution under which President Lyndon B. Johnson escalated the U.S. war in the southeast Asian nation.

While McGovern continued to vote to pay for the war, he did so while speaking against it. As the war escalated, so did his opposition. Late in 1969, McGovern called for a cease-fire in Vietnam and the withdrawal of all U.S. troops within a year. He later co-sponsored a Senate amendment to cut off appropriations for the war by the end of 1971. It failed, but not before McGovern had taken the floor to declare "this chamber reeks of blood" and to demand an end to "this damnable war."

President Barack Obama remembered McGovern in a statement Sunday as "a statesman of great conscience and conviction."

"He signed up to fight in World War II, and became a decorated bomber pilot over the battlefields of Europe," the president said. "When the people of South Dakota sent him to Washington, this hero of war became a champion for peace. And after his career in Congress, he became a leading voice in the fight against hunger."

McGovern first sought the Democratic presidential nomination late in the 1968 campaign, saying he would take up the cause of the assassinated Sen. Robert F. Kennedy. He finished far behind Vice President Hubert H. Humphrey, who won the nomination, and Minnesota Sen. Eugene McCarthy, who had led the anti-war challenge to Johnson in the primaries earlier in the year. McGovern later called his bid an "anti-organization" effort against the Humphrey steamroller.

"At least I have precluded the possibility of peaking too early," McGovern quipped at the time.

The following year, McGovern led a Democratic Party reform commission that took power previously held by party leaders and bosses at the national conventions and gave it to voters instead. The result was the system of presidential primary elections and caucuses that now selects the Democratic and Republican presidential nominees.

In 1972, McGovern ran under the rules he had helped write. Initially considered a longshot against Sen. Edmund S. Muskie of Maine, McGovern built a bottom-up campaign organization and went to the Democratic national convention in command. He was the first candidate to gain a nominating majority in the primaries before the convention.

It was a meeting filled with intramural wrangling and speeches that verged on filibusters. By the time McGovern delivered his climactic speech accepting the nomination, it was 2:48 a.m., and with most of America asleep, he lost his last and best chance to make his case to a nationwide audience.

McGovern did not know before selecting Eagleton of his running mate's mental health woes, and after dropping him from the ticket, struggled to find a replacement. Several Democrats said no, and a joke made the rounds that there was a signup sheet in the Senate cloakroom. Shriver, a member of the Kennedy family, finally agreed.

The campaign limped into the fall on a platform advocating withdrawal from Vietnam in exchange for the release of POWs, cutting defense spending by a third and establishing an income floor for all Americans. McGovern had dropped an early proposal to give every American $1,000 a year, but the Republicans continued to ridicule it as "the demogrant." They painted McGovern as an extreme leftist and Democrats as the party of "amnesty, abortion and acid."

While McGovern said little about his decorated service in World War II, Republicans depicted him as a weak peace activist. At one point, McGovern was forced to defend himself against assertions he had shirked combat.

He'd had enough when a young man at the airport fence in Battle Creek, Mich., taunted that Nixon would clobber him. McGovern leaned in and said quietly: "I've got a secret for you. Kiss my ass." A conservative Senate colleague later told McGovern it was his best line of the campaign.

Defeated by Nixon, McGovern returned to the Senate and pressed there to end the Vietnam War while championing agriculture, anti-hunger and food stamp programs in the United States and food programs abroad. He won re-election to the Senate in 1974, by which point he could make wry jokes about his presidential defeat.

"For many years, I wanted to run for the presidency in the worst possible way ? and last year, I sure did," he told a formal press dinner in Washington.

After losing his bid for a fourth Senate term in the 1980 Republican landslide that made Ronald Reagan president, McGovern went on to teach and lecture at universities, and found a liberal political action committee. He made a longshot bid in the 1984 presidential race with a call to end U.S. military involvement in Lebanon and Central America and open arms talks with the Soviets. Former Vice President Walter Mondale won the Democratic nomination and went on to lose to Reagan by an even bigger margin in electoral votes than had McGovern to Nixon.

McGovern talked of running a final time for president in 1992, but decided it was time for somebody younger and with fewer political scars.

After his career in office ended, McGovern served as U.S. ambassador to the Rome-based United Nation's food agencies from 1998 to 2001 and spent his later years working to feed needy children around the world. He and former Republican Sen. Bob Dole collaborated to create an international food for education and child nutrition program, for which they shared the 2008 World Food Prize.

Clinton and his wife, U.S. Secretary of State Hillary Clinton, said in a statement Sunday that while McGovern was "a tireless advocate for human rights and dignity," his greatest passion was helping feed the hungry.

"The programs he created helped feed millions of people, including food stamps in the 1960s and the international school feeding program in the 90's, both of which he co-sponsored with Senator Bob Dole," they said, adding, "We must continue to draw inspiration from his example and build the world he fought for."

McGovern's opposition to armed conflict remained a constant long after he retired. Shortly before Iowa's caucuses in 2004, McGovern endorsed retired Gen. Wesley Clark, and compared his own opposition to the Vietnam War to Clark's criticism of President George W. Bush's decision to wage war in Iraq. One of McGovern's 10 books was 2006's "Out of Iraq: A Practical Plan for Withdrawal Now," which he wrote with William R. Polk.

In early 2002, George and Eleanor McGovern returned to Mitchell, where they helped raise money for a library bearing their names. Eleanor McGovern died there in 2007 at age 85; they had been married 64 years, and had four daughters and a son.

"I don't know what kind of president I would have been, but Eleanor would have been a great first lady," he said after his wife's death in 2007.

One of their daughters, Teresa, was found dead in a Madison, Wis., snowdrift in 1994 after battling alcoholism for years. He recounted her struggle in his 1996 book "Terry," and described the writing of it as "the most painful undertaking in my life." It was briefly a best-seller and he used the proceeds to help set up a treatment center for victims of alcoholism and mental illness in Madison.

Before the 2008 presidential campaign, McGovern endorsed then-Sen. Hillary Clinton for the Democratic nomination but switched to Obama that May. He called the future president "a moderate," cautious in his ways, who wouldn't waste money or do "anything reckless."

"I think Barack will emerge as one of our great ones," he said in a 2009 interview with The Associated Press. "It will be a victory for moderate liberalism."

___

Online:

McGovern Center for Leadership and Public Service: http://www.mcgoverncenter.com

___

EDITOR'S NOTE ? Walter R. Mears, who reported on government and politics for The Associated Press in Washington for 40 years, covered George McGovern in the Senate and in his 1972 presidential campaign.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2012-10-22-Obit-McGovern/id-36f7cf721c264b78b46d58b833ef3534

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Makeup, Fashion, Music and Life = Me: Product Review: Careline ...

Hello ladies! How is your weekend so far??

I had a blast on my weekend! I will tell you more about it for sure next time. I was able to hang out with my gorgeous friends and we watched a movie in which I haven't done in a long time!?

On today's post will be about the Careline Pimple Concealer.?

A lot of girls have told me I have perfect or great skin in which I can say I am thankful they said it but in reality I don't have really great skin because I have neglected it for sometime when I over worked myself when I was in the call center two years ago.?

I rarely wear make up but when I do, I have to use a concealer since one of the things I first notice on my skin is my dark spots and blemishes. Covering them up is good but I think a much better way is cover them up and heal them at the same time.?Tea tree oil is a great product to use to heal blemishes in which this concealer has.?

Packaging wise this comes in a tube packaging with a doe tip applicator. The color I bought is natural which is great if you have fair to medium skin tone.?The product itself is just right since its not too thick nor too light. It does dry out a bit fast so you have to blend this well in your problem areas to avoid product build up which leads up to cakey look.?

Its quite cheap which is great if you are a student or you have a budget. This is retailed at 80php (approx 1.94USD)?

I've tried this on a blemish I had a couple of days prior to this post and as of the moment the blemish had healed. But just a reminder that everyone is different so the effectiveness of this product may be different from mine to yours okay?

Let's get to the low down k??

Pros:

- Affordable

- Locally available.?

- Perfect for pinay skin.

- Proves to its claim.?

- Conceals my blemishes well.?

Cons:

- Product dries a bit quick so user needs to blend it out immediately.?

Verdict:?

This is a good product to use. I wouldn't say that I love it since I like creamy concealers more. I did love that it concealed and healed my blemishes which is really nice.

Will I repurchase it again??

I don't think so. I think I will be trying out the other concealers first.

Who do I recommend this to?
If you are on a budget you might want to get this since its still good to use.

What is your favorite concealer and why?

Let me know on the comment box and I'll talk to you next time :)

Much Love!

xx Alice

Source: http://photoescape06.blogspot.com/2012/10/product-review-careline-pimple-concealer.html

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Friday, October 19, 2012

Climate Politics: It's Laugh Lines Vs. 'Not A Joke'

This Sept. 16 image released by NASA shows the amount of summer sea ice in the Arctic, at center in white, and the 1979 to 2000 average extent for the day shown, with the yellow line. Scientists say sea ice in the Arctic shrank to an all-time low of 1.32 million square miles on Sept. 16, smashing old records for the critical climate indicator. NASA/AP

This Sept. 16 image released by NASA shows the amount of summer sea ice in the Arctic, at center in white, and the 1979 to 2000 average extent for the day shown, with the yellow line. Scientists say sea ice in the Arctic shrank to an all-time low of 1.32 million square miles on Sept. 16, smashing old records for the critical climate indicator.

Scientists view climate change as one of the world's most pressing long-term problems. But the issue has barely surfaced in the U.S. presidential race. President Obama has taken steps to address climate change during his time in office. Republican challenger Mitt Romney would not make it a priority in his administration.

In fact, as Romney stood on the stage to accept his nomination at the Republican National Convention, he used global warming as a laugh line.

"President Obama promised to begin to slow the rise of the oceans," he said, pausing for the applause and laughter to rise, "and to heal the planet."

Romney promised an administration that would instead focus on taking care of American families. Obama rebutted that comment at the Democratic National Convention a week later.

"Change is not a hoax," he said. "More droughts and floods and wildfires are not a joke. They are a threat to our children's future. And in this election, you can do something about it."

In fact, Obama came into office with climate change as one of his major issues. At international talks in Copenhagen, he pledged to reduce U.S. emissions by 17 percent over 2005 levels by the year 2020. At that meeting and since, he pressed to get more aggressive action out of China, India and the world's other biggest carbon dioxide emitters.

But the president's plans didn't make it past strong Republican opposition in Congress. So instead, he has settled for actions the president can take without congressional action.

"First there was the stimulus, which is the largest ever investment in clean energy technology, really hoping to jump-start that sector," says Carol Browner, who is an adviser to the Obama campaign on energy and climate issues, and former administrator of the Environmental Protection Agency. She runs down a quick list of accomplishments: "The first ever greenhouse gas standards for cars, the power plant requirements ? proposed new power plant requirements ? as well as more efficient appliances."

These don't add up to the 17 percent reduction the president aspired to at the Copenhagen climate talks. Browner says he will keep trying to make incremental changes.

So this is an issue where the candidates sharply disagree.

The president sees action on climate change as creating new jobs in the clean-energy sector.

Romney sees cheap energy as the best energy. He doesn't even mention climate change in his energy plan, which is overwhelmingly about increasing production of fossil fuels.

The Romney campaign would not provide a spokesman for this report. But the campaign's domestic policy adviser, Oren Cass, did address these issues at a debate at MIT, which was webcast by E&ETV.

"Gov. Romney's position on climate change is very straightforward, which is that the United States taking action unilaterally is not able to address what is a global problem," Cass said.

And since China is still building more coal-fired power plants every week, Cass argues that having the U.S. cut emissions is a waste of effort.

He also opposes what was once a Republican-backed idea: Put a price on carbon pollution to encourage the free market to develop technologies that are better for human health and the global environment. He says pricing carbon won't work.

"What it is going to do is hurt our economy very seriously," Cass says, "and is going to drive a lot of industrial activity from the United States to countries that are, frankly, less efficient in their use of energy."

And less efficient countries produce more carbon dioxide, potentially making the problem worse.

So, in essence, the Romney position is that climate change won't be a priority because it's too hard to solve. The one action the campaign has advocated is spending more federal dollars for research on climate science and renewable energy.

That's a contrast with President Obama, who argues that developing clean energy is good for the U.S. economy ? and important on the world stage, where climate change is regarded as a very serious issue.

Source: http://www.npr.org/2012/10/18/162951173/climate-politics-its-laugh-lines-vs-not-a-joke?ft=1&f=1007

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Entertainment Job: Media Arts & Animation PT Instructors ...

? Welcome to WorkInEntertainment.com! ? Here's the Job that Interests You: ?
Media Arts & Animation PT Instructors
Art Institute of Dallas
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Job Description:

Job Summary The Art Institute of Phoenix is looking for Media Arts & Animation instructors for the following courses: 3D Modeling (Beginning through advanced levels in 3ds Max and Maya), 3D Animation/Character Animation (Beginning through advanced in 3ds Max and Maya), Intermediate and Advanced Lighting and Texture Mapping (in 3ds Max and Maya), After Effects (Beginning through advanced). The part time instructor facilitates meaningful learning of the course competencies in the curriculum and proactively supports all facets of the learning environment. S/He provides education through learning-centered instruction that will enable graduates to fulfill the evolving needs of the marketplace. S/He encourages a culture of learning that values mutual responsibility and respect, life-long...

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Source: http://www.workinentertainment.com/jobs/media-arts-and-animation-pt-instructors.asp

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What specific question makes the sale? | The Custom Sales Training ...

Good sales people ask many questions of their customers and make few statements about their products or services.? Great sales people know there is ONE?vital question that will help them make the sale.? What is that question for your sales process?

Example: I was a sales manager in advertising for fourteen years.? During that run I put together 37 quarters of sales increases over the same quarter previous year.

One of our most profitable businesses was in small business service that took care of homeowners.? Handymen, painters, contractors, electricians, plumbers and others did extraordinarily well.? I used to joke that the only thing that paid a better return on investment than advertising in our publication was selling wholesale recreational pharmaceuticals.

The vital question to business service customers is ?What is a job worth to you?? This wasn?t the first question asked.? I had to train sales people to ask a number or other questions to build rapport and demonstrate that they knew about our customers businesses.? Then they would ask,

Sales Person: ?My other fence builders tell me their average job is worth about $1800.? What?s one job worth to you??

Customer:? ?We are a little higher on our average, our typical jobs is worth $2200.?

Sales person: ?Is about half of that gross profit??

Potential Customer: ?No, 40%.?

Sales person:?Okay, so you will make $880 on a job.? On your current advertising, how many enquiries, on average, turn into jobs??

Potential Customer:?One out of four.?

Webinar: Sales Training for Selling at a Distance-Selling When You Can?t See the Whites of Their Eyes

Sales person: ?So, our average fence builder gets (and here the rep would be very conservative) about four calls a week.? Why don?t we run a month trial for you, in the areas you like to service, for a total cost of $320 for the month? Should we just use the ad copy I?m looking at from the newspaper??

Potential Customer: ?Yes, unless you are very sure you can improve it.?

Sales Person: ?I?m pretty sure I can create a stronger call to action.? Let me play around with it and I?ll send you a proof.? Now, what credit card do you want to use??

Here the ?What is one job worth to you?? question really sold the customer.? Before they even hear the rest of the questions from the sales person they had done the calculation in their head.? The customer knew that they would make money unless the add cost more than their gross.

A few years ago I had a local campus of a national private college as a customer.? I sat in on some calls and coached them a little on their opening and rapport building.? Turns out they weren?t asking the ?crux? question.? The ?crux? question makes it real.? For these technical schools the question that got their students from the inquiry stage to the sign up stage was

?When do you need to graduate??

After that is was simply a matter of working backward to show them they had to sign up next week.

Activity Triggers/Action Items

  1. Analyze your current sales process.? Identify the ?crux? question that moves your customers to action orientation.
  2. If you can?t identify this question yourself, bring in a consultant to help you.
  3. Find a way to ask this question in the right place.
  4. Enjoy higher sales

Source: http://blog.customsalestraining.com/what-specific-question-makes-the-sale/

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The Note's Must-Reads for Thursday, October 18, 2012

The Note's Must-Reads are a round-up of today's political headlines and stories from ABC News and the top U.S. newspapers. Posted Monday through Friday right here at www.abcnews.com

Compiled by ABC News' Jayce Henderson, Amanda VanAllen, Carrie Halperin and Danielle Genet

DEBATE ANYALSIS ABC News' Avery Miller: " How Jeremy the College Kid Got on the Stage With Obama and Romney" Although most of us try to avoid telemarketers, Jeremy Epstein's sister didn't. She picked up the phone and was asked by a research company if she was a registered voter. LINK

The New York Times' Peter Baker: " Debating Over Last Term, Candidates Say Little of Next" After three debates and four and a half hours of nationally televised exchanges, Americans have learned that President Obama has a smaller pension than his opponent and Mitt Romney wants to get Big Bird's beak out of the federal trough, that Joseph R. Biden Jr. likes to smile and Paul D. Ryan drinks lots of water. LINK

Politico's Edward-Isaac Dovere: " Obama, Romney campaign for debate spin win" Spinning isn't just for surrogates. President Barack Obama and Mitt Romney moved quickly out of Hempstead, N.Y., and out on the trail Wednesday, each trying to wring a post-game win from their bitter second debate that many saw as - at most - a slight victory for the incumbent. LINK

The Hills' Amie Parnes: " Obama hopes second debate performance stopped the bleeding" A day after their bruising second presidential debate, President Obama and Mitt Romney claimed momentum heading into the final three weeks before Election Day. "Everyone is saying he showed up," said a Democratic former White House aide, adding, "He not only showed up. He kicked ass and then some. LINK

MITT ROMNEY ABC News' Russell Goldman: " Mitt Romney Changes Argument on Contraception at Debate" It doesn't quite have the same ring as "binders full of women," but a comment Mitt Romney made during Tuesday's presidential debate about contraception has added fuel to the narrative that he has adopted more moderate policy positions in the final weeks of the campaign. LINK

The Boston Globe's Matt Viser: " The story behind Mitt Romney's 'binders full of women'"In the debate on Tuesday night, Mitt Romney said that he made every effort to find qualified women to appoint to cabinet positions when he was governor of Massachusetts. "Well, gosh," he said he told his staff who had an abundance of male applicants, "Can't we find some - some women that are also qualified?" LINK

PRESIDENT OBAMA The Washington Post's Lori Montgomery: " Officials: Obama ready to veto a bill blocking 'fiscal cliff' without tax hike for rich" President Obama is prepared to veto legislation to block year-end tax hikes and spending cuts, collectively known as the "fiscal cliff," unless Republicans bow to his demand to raise tax rates for the wealthy, administration officials said. Freed from the political and economic constraints that have tied his hands in the past, Obama is ready to play hardball with Republicans, who have so far successfully resisted a deal to tame the debt that includes higher taxes, Obama's allies say. LINK

Bloomberg's Phil Mattingly and Hans Nichols: " Obama Pursuing Leakers Sends Warning to Whistle-Blowers" Eric Holder, attorney general under President Barack Obama, has prosecuted more government officials for alleged leaks under the World War I-era Espionage Act than all his predecessors combined, including law-and-order Republicans John Mitchell, Edwin Meese and John Ashcroft. The indictments of six individuals under that spy law have drawn criticism from those who say the president's crackdown chills dissent, curtails a free press and betrays Obama's initial promise to "usher in a new era of open government." LINK

WOMEN VOTERS The Wall Street Journal's Laura Meckler and Carol E. Lee: " Candidates Zero In on Women Voters" The focus of the presidential race shifted Wednesday to women voters, as President Barack Obama and Republican Mitt Romney carried their argument over women's health care and job opportunities from Tuesday's combative debate onto the campaign trail and TV airwaves. LINK

The Los Angeles Times' Christi Parsons and Seema Mehta: " Obama and Romney fight for the female vote" Picking up where their contentious debate left off, President Obama and challenger Mitt Romney battled Wednesday for the support of female voters, underscoring their potentially decisive role in settling the fiercely competitive race. Buoyed by a much-improved performance Tuesday night, Obama traveled to the swing state of Iowa, where he renewed his attacks on Romney for proposing an end to federal funding for Planned Parenthood, and again touted legislation he signed making it easier for women to sue for job discrimination. LINK

LIBYA The Washington Times' Dave Boyer: " Obama yet to confirm 'terrorist' act in Libya" Despite numerous public events including a speech at the United Nations and two presidential debates, President Obama still hasn't publicly and plainly acknowledged to Americans that terrorists killed Ambassador J. Christopher Stevens and three other Americans in Libya on Sept. 11. Others in his administration have said it, belatedly. LINK

ABC NEWS VIDEOS " 2nd Presidential Debate: Has President Redeemed Himself?" LINK " 2nd Presidential Debate: The Scorecard" LINK " Second Presidential Debate: Fact vs. Fiction" LINK " Arizona Elections Department Gets Election Date Wrong" LINK

BOOKMARKS The Note: LINK The Must-Reads Online: LINK Top Line Webcast (12noon EST M-F): LINK ABC News Politics: LINK The Political Punch (Jake Tapper): LINK George's Bottom Line (George Stephanopoulos): LINK Follow ABC News on Twitter: LINK ABC News Mobile: LINK ABC News app on your iPhone/iPod Touch/iPad: LINK

Also Read

Source: http://news.yahoo.com/notes-must-reads-thursday-october-18-2012-070809275--abc-news-politics.html

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Monday, October 15, 2012

What do you Invest in?


@stlsmoore - looks like you live in US as I do.

So for me - reducing my taxable income as @dave330i and @vanquish23 mentioned are a priority for me. And deferring compensation using a 401K and other methods are a great way to save and invest for the future.

I can understand your reluctance if you are unfamiliar with how the capital markets work, but if your employer offers a 401k and you are lucky enough to get a matching contribution, a 401K is the absolutely best investment you can make. Most 401K investment choices are geared towards "non-experts". Pick a low-yield bond fund if until you are more comfortable.

After a 401k, I would suggest an IRA if you qualify or purchasing a home.

There is a school of thought, that one should invest in opportunities that one knows best. In our case on TE - that would be IT. But because I already work-full-time in IT, I tend to prefer diversification so I invest in non-IT related opportunities.

For example:
I do invest using the stock-market but I stick strictly to index and sector funds because I don't have the time to track individual stocks. And to limit risk, if I was to invest in mobile homes like you suggested, I would probably purchase a REIT fund that does that instead of trying to be a landlord or tying up capital. The stock market gives you liquidity and reduces your risk.

Some of my colleges and acquaintances in IT similarly invest in non-IT opportunities - for example, gas stations and restaurants - but that just seems like too much work to me

For my family - after doing all above - I do have a share in small partnership where we started to invest in condos which we will rent. The idea is to purchase 2-3 condos. The rental income is primarily a hedge against the possibility of continued falling real-estate prices but our bet is on a recovery in real-estate prices and capital appreciate of the properties. Right now, we bought 1 property and we are in the process of trying to rent it.

BTW - I'm a proponent of paying down debts first before investing.

Source: http://www.techexams.net/forums/off-topic/82451-what-do-you-invest.html

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