Thursday, March 15, 2012

Health plans for retirees facing more uncertainty

One of the most attractive employee benefits, health-careinsurance for retirees, is being re-examined by many companies.Older workers, particularly those close to retirement, should expectto pay more for the benefit - or find it tougher to qualify forcoverage.

Offered by most large companies and many small ones, retireehealth-care plans typically offer those retiring under age 65 acontinuation of the same medical coverage they enjoyed when working.For retirees over 65, the coverage generally supplements Medicare.

Such plans have been quite useful as the nation's demographicschange and the percentage of retirees or near-retirees in thepopulation grows. Such …

Judge: BP contract shielded Halliburton in spill

NEW ORLEANS (AP) — A federal judge ruled Tuesday that Halliburton can avoid paying most of the pollution claims that resulted from the catastrophic 2010 Gulf of Mexico oil spill because it was shielded in a contract with well-owner BP.

Still, U.S. District Judge Carl Barbier said that Halliburton is not exempt from paying punitive damages and civil penalties that arise from the April 20, 2010, blowout off the Louisiana coast. Those penalties could amount to billions of dollars.

The judge also said Halliburton's indemnity could be voided if the company is found to have defrauded BP. He did not rule on BP's allegations that Halliburton committed fraud by declaring the cement …

Spanish Football Results

Results from the 15th round of Spain's first-division football league (home teams listed first):

Saturday's Games

Athletic Bilbao 2, Osasuna 0

Sevilla 1, Getafe 2

Real Madrid 6, Zaragoza 0

Sunday's …

Wednesday, March 14, 2012

Energized Worm back as chairman of boards

Embarrassed almost to the point of shame, Dennis Rodman made goodon his promise to Bulls coach Phil Jackson.

"It was a better game for me," Rodman said. "I played defensetonight."

In Game 1 of the Bulls' playoff series with the New Jersey Nets,Rodman managed just eight rebounds and the Nets took the Bulls toovertime. In Game 2, Rodman hauled in seven rebounds in the openingnine minutes and added three more in each of the last three quartersto finish with 16 boards."He just had a lot more energy tonight," Bulls guard Steve Kerrsaid. "Jayson (Williams) brought out the best in him. Dennis isplaying against himself out there, a guy who looks just like him.The …

SMART ART

The starving artist image is a cliche. But the fact is that it has never been easy for artists to sell their art.

In today's sluggish economy, selling art is even harder.

Rather than toting around "Will paint for food" signs, local artists are getting more organized and more business savvy And they're finding help in the local art community.

Susan Schreckengaust, director of the William Ris Gallery of Camp Hill, said artists have found better ways to market themselves in the past 10 or 15 years.

"The popularity of craft shows definitely indicates a trend or recognition in marketing," Schreckengaust said.

Some artists may lack a business background, but …

London's FTSE-100 index up 105.38 points at 5,256.0

Share prices on the London Stock Exchange were higher at midday …

Polite wants to make most of his chance

Clemson's Dextra Polite being granted a third year to participatehas been like Christmas and a birthday wrapped into one.

A transfer from Georgia Military junior college, Polite started inone game (Georgia Tech), and played a total of 154 snaps in whatwould have been his senior season.

But the NCAA granted Polite a medical redshirt year, stemming froman injury at Georgia Military.

"I didn't play but one game one year," Polite said. "They gave methree years because of that. I'm glad to get it."

Polite plans to make the most of his role as the Tigers' startingcornerback. Once a star for an undefeated team at Colquitt County(Ga.) High School, he wants to …

Another Successful Spring Meeting Comes to a Close

With multiple conferences under the same roof, the AIChE Spring Meeting and Global Congress on Process Safety in Atlanta, GA, April 10-14, delivered a wealth of programming and networking sessions to over 1,500 chemical engineering professionals.

For the first time, the Global Congress on Process Safety united three process safety conferences, the 20th Annual Center for Chemical Process Safety International Conference, 39th Loss Prevention Symposium, and the 2005 Process Plant Safety Symposium, and promoted safety as a core value across the chemical engineering community. What's more, conference attendees could also pick from programming at the Ethylene Producers Conference, IMRET …

SEC watchdog to be questioned about Madoff scandal

The Securities and Exchange Commission heard rumblings about Wall Street money manager Bernard Madoff's investment methods nearly a decade ago. Now a House panel wants to know how, despite those warnings, Madoff continued to operate without an agency investigation.

The Financial Services Committee will question the SEC's internal watchdog Monday, as lawmakers try to learn why the regulatory agency failed to detect an alleged $50 billion investment fraud by Madoff.

Madoff's alleged Ponzi scheme will be a case study for a planned overhaul of laws regulating financial markets, said Rep. Paul Kanjorski, D-Pa., who will chair the hearing.

Witnesses include H. David Kotz, the …

Solidarity calls for strike over price hikes

WARSAW, Poland Leaders of the outlawed trade union Solidaritycalled yesterday for a "decisive strike" against food and fuel priceincreases that took effect this week.

"The strikes will break out when the situation is ripe andfavorable," said Lech Walesa, a union founder who endorsed the strikecall by Solidarity's Temporary Coordinating Committee.

"It will take some time until workers really feel the pinch ofthe hikes on their wallets," said Walesa.

It was unclear what impact the statement would have on Polishworkers, since Solidarity's role has diminished in the country'sworkplaces.

The statement by the union, outlawed after martial law …

Hong Kong Residents March for Democracy

HONG KONG - Thousands of people marched through Hong Kong's streets Sunday to demand the right to pick their city's leader and legislature and hoisted yellow umbrellas to form the year 2012 - their target year for full democracy.

The demonstrators chanted "One person one vote, the only way to go" and "Universal suffrage in 2012" as they marched to government headquarters.

"We need to have a good political environment in order to sustain our economic development," said one of the participants, 51-year-old businessman Michael Hui.

The former British colony returned to Chinese rule in 1997 but was promised a wide degree of autonomy under a "one country, two systems" …

Specter says he won't call for hearings on Spygate

Sen. Arlen Specter said he won't call for congressional hearings on the NFL's investigation of the Spygate scandal after previously threatening to do so.

Specter's office confirmed Tuesday his comments a day earlier to the Philadelphia Daily News editorial board. Specter, the ranking Republican on the Judiciary Committee, had written in a Senate floor statement earlier this month that "I believe the NFL should step forward and embrace an independent inquiry."

"If the NFL continues to leave a vacuum," he added, "Congress may be tempted to fill it."

No independent inquiry has been announced; NFL commissioner Roger Goodell …

Mobile grinder heads north

WHILE Alabama was getting hit by Hurricane Georges in late September, the work crew from Storm Reconstruction Services (SRS) of Mobile was in Syracuse, New York, cleaning up the remnants from a Labor Day storm that punished the upstate New York region. SRS was awarded the contract for Onondaga County during the third week of September. Jerry Silverstein, vice president of SRS, estimates that there were 500,000 cubic yards (cy) from the city of Syracuse and another 500,000 cy from the remainder of the county. "We are handling the pickup and disposal of all the tree debris on roadways, cemeteries, city parks and streams," says Silverstein.

The company is using its four grinders-two 14-foot Hogzillas, a 14-foot Morbark and a Morbark 1300 - and leasing six others. The machines operate 20 hours/day and undergo maintenance the other four. "There are about 15 different grinding sites set up throughout the county - at the state fairgrounds, landfills and rock quarries," notes Silverstein. "The ground material is used as fuel at area electric plants, by farmers or spread at city parks."

SRS started as a construction business before seeing a market for debris collection and processing services. "Now, we have a couple of people who go to disaster areas and try to secure jobs for us," Silverstein notes. During the third week of October, SRS landed the contract for debris cleanup in Mobile.

Tuesday, March 13, 2012

Tribe marks massacre with burial ground gathering

Tribal members descend in late January each year to the burial ground near the Bear River where soldiers felled hundreds of their ancestors in one of American history's bloodiest_ but little remembered _ massacres.

Descendants of the Northwestern Shoshone who were decimated in their winter encampment in a surprise attack 147 years ago, they stamp their feet in the cold and offer songs and prayers to the dead.

Bodies from that distant morning in 1863 were never officially counted, and the bones were long ago scattered to the surrounding hills.

The commanding Army officer involved counted 220-270 dead. Settlers who went in later found many more bodies in ravines or under deep snow and put the number as high as 500, a figure cited in a National Park Service history. The tribe estimates 400 of their number were killed. No more than 60 survived.

Any of those numbers are larger than the much more well known massacres at Wounded Knee in South Dakota, where some 146 Lakota Sioux were gunned down in 1890, and at Sand Creek, Colorado, where an 150 Cheyenne and Arapaho were killed in 1864.

And yet, history books make little mention of Bear River, perhaps because the nation was elsewhere engaged in the Civil War. The Battle of Gettysburg with its estimated 51,000 casualties was later that same year, one of the bloodiest ever on American soil.

Those who chose to remember the Bear River Massacre this year gathered around the small monument that marks the ground. The colorful dreamcatchers and handkerchiefs fastened to tree branches hung stiffly in the freezing cold.

Carolyn Neaman, a 62-year-old retired nursing assistant whose uncle filled her with both respect and horror for the site near Preston, Idaho, about 100 miles (160 kilometers) northeast of Salt Lake City, recounted her elder's words.

"'If you're really quiet,' he said, 'you can hear the cavalry coming down the hills,'" Neaman said. "He told us to listen really, really quiet and you can hear a lot of things that go on. You can hear men and women crying, and little kids.

"I've heard it," Neaman said.

The federal government designated the Bear River Massacre site as a National Historic Landmark in 1990, acknowledging that many of the victims were women and children.

The Northern Shoshonee were encamped along the "Bia Ogoi" or Bear River for the Warm Dance, a yearly winter ritual to drive away the cold.

Col. Patrick E. Connor and about 200 soldiers from the 3rd California Infantry attacked at daybreak on Jan. 29, 1863.

Several sources, including Army reports, historical tracts and carefully preserved oral histories from the tribe, describe what happened.

Connor and his men had been sent in response to growing tensions between the Indians and white settlers in the region. A miner and two other settlers had been killed, and the Shoshone were blamed, although they insisted other Indians were at fault. There were reports three Shoshones had stolen some horses and cattle earlier that month.

Survivors recounted the "battle" as a day of savagery, ending with soldiers smashing infants' skulls, raping dying women and dispatching the wounded with bullets, clubs and axes.

Connor recorded 14 troopers killed in the attack, with one National Park Service account offering a higher number of dead soldiers.

Since the 1970s, both Indians and non-Indians have gathered without formalities at the Bear River site, sometimes during the worst of winter, to mark the anniversary. Interest has gone back and forth, said Patty Timbimboo-Madsen, cultural and natural resource director for the Northwestern Shoshone.

"For us to publicly display that emotion is hard," said Timbimboo-Madsen, a 58-year-old descendant of the survivors. "But when people want to know, you have to be able to put that behind you and tell the story."

Her great great grandfather, Chief Sagwitch Timbimboo was among the tribal members who escaped. He was shot in one hand before tumbling into the frozen river and floating under some brush. After nightfall, he and a few warriors fled on ponies.

Her great grandfather, Yeager Timbimboo, was 12 when the soldiers attacked, she said. He lay still in the blood-soaked snow until a soldier realized he was alive. The boy was allowed to live. Today, the tribal members are both thankful for the survivors, Timbimboo-Masden said, and wish to honor those who perished.

This year, the group sang songs and sprinkled sage over a fire pit to represent unity. They prayed that they would understand what happened and ultimately, forgive.

If not for the massacre, the Northwestern Shoshone would have continued to thrive, the descendants believe, following the seasons over a range that included eastern Nevada, northern Utah, southern Idaho and Wyoming. The tribe would number in the thousands rather than 500. They might have acquired a reservation to call home.

In the years that followed the massacre, some of the survivors were taken under the wing of the Mormon church. Some tribal members later dispersed to Shoshone reservations at Fort Hall in Idaho, Wind River in Wyoming, Skull Valley in Utah and Duck Valley in Nevada.

The Bear River gathering this year included several dozen students from Utah high schools, including a film club that traveled to the ceremony to make a documentary about how the tribe is now addressing the horror of an almost forgotten massacre.

Timbimboo-Masden said past generations were not open to sharing the story because they were too close to the carnage.

"So you have the next generation, my generation, who says it's time to change," she said. "It's time to heal."

New Fed voters likelier to back help for economy

NEW YORK (AP) — If Chairman Ben Bernanke decides the U.S. economy needs more help from the Federal Reserve this year, he probably won't face as much resistance as he did last year.

Call it the changing of the guard.

As the Fed's policy committee meets for the first time this year, its roster of voting members is rotating slightly, as it does each year. And its new makeup suggests fewer members would oppose further steps to boost the economy.

Twice last year, Fed action to try to further lower long-term interest rates drew three dissenting votes out of 10. It was the most dissents in nearly 20 years. The "no" votes came from three regional Fed bank presidents who worried that additional moves to try to reduce long-term rates could fan inflation.

A fourth regional bank president twice dissented last year for the opposite reason: He wanted to go further to help the economy.

All four dissenters have lost their votes on the Fed's policymaking committee.

Replacing them are: Jeffrey Lacker, president of the Richmond regional Fed bank; John Williams of the San Francisco Fed; Sandra Pianalto of the Cleveland Fed; and Dennis Lockhart of the Atlanta Fed.

Should Bernanke push a new bond-buying program, only Lacker is seen as a probable dissent.

Lacker is viewed as the most "hawkish" of the new voting members, Williams the most "dovish." Hawks tend to be most concerned that super-low interest rates could ignite inflation. Doves put a higher priority on boosting the economy and reducing unemployment.

Pianalto and Lockhart are seen as centrists unlikely to break from the majority view.

In the past, the Fed has bought bonds to try to drive down long-term interest rates, encourage borrowing and spending and lift stock prices. The goal is to increase economic growth and hiring.

In December, Lacker told reporters he was "hard-pressed to see the rationale" for any further Fed efforts to increase growth.

Yet overall within the Fed this year, "I think there will be a little less militancy and a little more willingness to move forward with the chairman," predicts Diane Swonk, chief economist at Mesirow Financial.

That said, few economists expect the Fed to pursue more bond purchases soon, unless a European recession were to shrink U.S. economic growth and threaten the gains the economy has made in recent months.

"Bernanke will have the votes to pursue an easier credit policy if he needs to do so, but I just don't think the Fed will go further unless Europe goes bad," said David Wyss, former chief economist at Standard & Poor's. "Things in the U.S. economy are beginning to look better — not great, but better."

Bernanke already starts the year with a base of support within the Fed. The policy committee normally comprises 12 voting members:

— Seven Fed governors in Washington.

— The president of the New York Fed.

— Four of the 11 other regional bank presidents, who serve one-year rotating terms. This group is where dissents typically come from.

The seven governors, including the chairman, always have a vote. So does the New York Fed's president. All these members traditionally back the chairman.

On the Fed's board, two of the seven seats are vacant, even though President Barack Obama has nominated replacements for them: Jeremy Stein, a Harvard economics professor who is a Democrat, and Jerome Powell, a Treasury official in the George H.W. Bush administration who is a Republican.

Twinning a Democrat and a Republican was an Obama effort to win Senate confirmation for both. But Senate Republicans have threatened to hold up those nominations because of Obama's use of a recess appointment to install Richard Cordray as the first head of the Consumer Financial Protection Bureau.

Even if the board seats remain vacant, Bernanke will continue to command unanimous support on the board.

No announcements of further action to try to lift the economy through bond purchases are expected when the Fed's meeting ends Wednesday. Most analysts think Fed members want to put off such a step to see if the economy can extend the gains it's made in recent months.

Mark Zandi, chief economist at Moody's Analytics, said he thinks further bond buying is likely this year only if Europe's financial crisis destabilized U.S. financial markets and threatened the U.S. economy.

"Further bond buying will depend on two things: that the economy continues to struggle and that concerns about deflation rise," Zandi said.

Deflation is a prolonged drop in wages, prices and the value of assets like stocks and houses. The country last suffered serious deflation during the 1930s.

Zandi said he felt more bond buying isn't probable this year because he is forecasting the economy will perform better.

"My outlook is for an economy that is still soft but not struggling," Zandi said.

Hiring has picked up. Factories are busier. Gasoline prices are well off their highs. The depressed housing industry appears a little healthier. And stocks have reached their highest point since summer.

The stronger job growth has raised hopes more jobs will soon accelerate income and spending. The result could be what economists call a "virtuous cycle," in which businesses respond to growing demand by hiring even more.

Should that happen, the Fed might decide that further steps to energize the economy aren't necessary.

WILD-CARD RACE

A look at the wild-card race for the fourth playoff spot in theNational League:

TEAM W L GB 1. Astros 54 40 - 2. Dodgers 48 45 5 1/2 3. Phillies 48 46 6 4. CUBS 47 46 6 1/2

PSG bars fans from travelling to away games

Paris Saint-Germain won't make available tickets to its fans for away games until further notice following the beating of a supporter before a French league match, the club president said Tuesday.

A PSG fan was injured in a fight between rival factions of hooligans from the club before the 3-0 home loss to Marseille last weekend.

The 38-year-old fan sustained a serious head injury and was still in a critical condition on Tuesday.

"Images of a man lying in his blood at the foot of the Parc des Princes run through my head these past two nights," Robin Leproux told a press conference. "We reached a climax of violence ... I take my share of responsibility."

Leproux said he decided to bar supporters from travelling "to act responsibly and guarantee security for all."

PSG fans' offices will also be closed and the club won't appeal if it is sentenced to play matches behind closed doors.

French league president Frederic Thiriez fully supported the measures announced by Leproux.

"The situation created by irresponsible groups has become too serious," Thiriez said in a statement. "The club, the league and the government must do everything to finally break this spiral, which is disastrous both for the future of the Parisian club and the image of French football."

The clashes involved hooligans from the two main stands at PSG's stadium Parc des Princes, the Tribune d'Auteuil and the Kop of Boulogne.

A 30-year-old man suspected of taking part in the beating was arrested after the fight. He was released Monday night and has not been charged because of lack of evidence, police said Tuesday.

Marseille fans had boycotted the game to protest against security measures imposed on visiting supporters.

French Sports minister Rama Yade will have a meeting with PSG officials in the coming days while Leproux will meet Paris's police prefect on Wednesday.

Following several months of relative tranquility, Kop of Boulogne and Auteuil fans _ angered by their team's poor results and a mutual opposition to the club's chief backer, Colony Capital _ started fighting again at the end of last year and clashed violently at Lille in January.

Last August, a PSG fan lost an eye after being hit by a bottle of beer during clashes with Montpellier fans.

On Nov. 23, 2006, a member of a group called the Boulogne Boys was shot and killed by a police officer after a UEFA Cup match between PSG and Hapoel Tel Aviv.

The policeman was protecting a Jewish fan under attack from thugs shouting anti-Semitic epithets.

PSG is 12th in the league with 33 points from 26 games, a performance that hardly matches its early season ambition to qualify for the Champions League.

LIFE BEGINS AT 70: A middle aged son's observations

Prologue

This story is my own creation. The facts as I have presented them represent my recollection of the various events over the past few decades and are subject to debate by those who are familiar with such things. However, my point is not to paint a painfully chronological portrait of the events nor to point fingers or embellish accomplishments, but rather to reveal a kind of clarion call to the angels of our better nature in response to life's challenges. Sharing them in this essay is not only therapeutic but seeing them on paper helps make some sense of things. This story is not wholly unique. Families and in particular family businesses incur incidents that in isolation appear unique, but when shared in community with others in the same situation divulge common threads enough to weave a tapestry of life-changing and life-affirming proportions. When marriages dissolve, the ripple effect is felt throughout the family, especially the children regardless of their age, grandchildren, extended family and friends. When the dissolution of a marriage dissolves a family business, the effects are similarly consequential. What one chooses to do in the wake of the disintegration often reveals one's true self. So no matter where you are in life, you can choose to move forward and hope with anticipation that the momentum of doing something positive will become a self-fulfilling prophecy. Life Begins at 70

Intellect, some common sense and large doses of being socially adept could not save my parents' marriage. They loved each other. They still do. And unlike so many of their friends who succeeded in divorce where their marriages failed, my folks have a hard time being around one another for more than a few hours at a time, especially it seems, in the presence of their children. Old habits die too hard, even more so as they get on into their seventies. And so they have gone their mostly separate ways. As an aside, I find it fascinating that the family dynamics between 75 year old parents and their middle aged children are identical to those of a younger family with adolescent children. That they could not keep their marriage together was shock to them both, but we kids couldn't stand the idea that they both seem to think it was okay that dad slept around while mom lived blissfully with blinders on. We encouraged our mother to confront dad. So she did, and he eventually filed for divorce. Which left her with the moral victory of not having to file for divorce, as the very thought was despicable- even more so than living with a philandering husband. And so, my parents fell into the category that no one who knew them or their marriage ever thought possible: casualties of divorce after keeping it together for 48 years. But it started in the 1950s with great promise. The innocence that theirs would be a life of idealized Norman Rockwell proportions was always present. That together they could fix any break and win any fight was never in doubt. With infinite encouragement from my mother, my dad made a financial success of himself. With her support and enthusiasm, he got his bachelor's degree in accounting. His interests there evolved into the banking industry and eventually he became an entrepreneur. His training and background left him uniquely qualified to stand the rigors of going it alone in business, and his interesting and outgoing personality made his chances for success at least within reach.

Likewise, my dad supported my mother's decision to continue her education as she earned a Masters Degree in English and was able to explore her interests in teaching, education and eventually book publishing and becoming an award-winning published author. But most of her success came much later- in fact toward the end of their marriage and beyond. Whether that success was a drag on the marriage has always interested me. For by the time Mother began her next phase Dad had accomplished enough in his professional pursuits to start thinking about slowing down and settling into a life of leisure.

Mother had dedicated much of her life to raising three kids and providing a stable home environment so Dad could pursue his business interests. And he was successful. It wasn't easy- any of it- but we never lacked for anything growing up. And the funny thing is I have vivid memories of how much my parents seemed to really enjoy each other's company and to be such a good strong team. My mother's interests and particularly her passion for literature and history were too strong to keep her home and she either went to school or taught school for most of the 1 8 years I lived under her roof. Plus, teaching allowed her to have her own money, her own career and her strong sense of independence was fortified by the positive impact her involvement out side the home was making.

As Dad bought and sold various businesses, Mother maintained her continued interest in those businesses in an advisory role and a supporting role She managed the various events, dinners and parties that were a significant part of the sales and marketing business Dad acquired in the early 1980's. It was a full-fledged family affair at the time I joined the company in 1981. During the years between 1981 and 2003 when I officially left the business due to conflicts arising from my dad's personal matters which were tearing at my soul and my loyalties as well as hobbling my ability to think clearly about the direction of the business and my involvement therein, our company represented some of the most visible and prosperous items sold at retail in the toy and gift industry. We did well and it was a complete team effort.

However, my mother, who had maintained a small publishing company throughout the years was invited to begin a new university press at the University of North Texas. Some pretty smart and bold visionaries knew that in order for the newly coined University- having been North Texas State for decades- to be taken seriously in academia, a university press was imperative. They chose my mother to establish and ran the press, which she did with tenacity, style and class. While she was ramping up her publishing chops, producing dozens of books each year, Dad began the slow decent of his career of watching the industry change via the internet and the shrinking of both vendor base and retail base. For example, when JCPenney moved to Texas their catalog represented the 5th largest toy retail operation in the U.S. Today it does not exist, unless you count their internet presence- and that by yesterday's standards is practically irrelevant.

Whatever the crossing point was for their converging energies and career interests, they reached a convergence when it was finally revealed that Dad was no longer in a monogamous relationship with Mother sometime in 2003. Their divorce was final in 2005. It seems his interests were in a life of retirement, managing his investment portfolio and playing golf, doing a little fishing and catching a sporting event from time to time.

Her interests were in finding new and exciting authors, publishing books and staying active in a host of literary, philosophical and historical associations, all of which needed her energy, intellect and common sense. She likes to travel, check in on the kids and grand kids, but the idea of sitting around playing cards, watching television and living a retirement lifestyle is the farthest thing from her interests or success criteria. And yet she knew Dad's asset as a solid businessman with an accounting background and a soaring entrepreneurial spirit had value beyond compare in the fly-by-the-seat-of-your-pants world of book publishing. Had he not pursued interests elsewhere, I am certain Dad would have found the challenges Mother was soon to face alone as interesting and fulfilling as she did. So at age 70, my mother picked herself up and focused all of the energy she had put in to keeping her marriage together for 48 years into philanthropies and causes near and dear to her heart. She sold the house they had lived in for 20 years, bought a fabulous condo and surrounded herself with people that make her life delightful. Every day brings a new challenge as there is always a new battle to fight in the field of education, in the jungle of politics and the quagmire of publishing. She is busier today and more engaged in life and the society around her than at any time I have known her, with the possible exception of when she taught me English in high school for 4 long torturous years. Her health is good, she looks good, her eyes are bright and her mind shines with dreams and possibilities for the future. I've heard it said that retirement is for sissies. Taking on two book projects as co-author, managing statewide philanthropic societies and associations and serving on numerous advisory boards all have come about in the past few years; years when two knee replacements and the calendar suggested she ought to be slowing down. Good for us, she's just getting started. She ignores the calendar completely and lives life like the young bright eyed woman that still thrives in her heart.

Fpilogue

As for me, for now, my focus is participating as fully as I can in what's left of my daughter's high school adventures in band and soccer. She is the youngest of four. The family business kept me from participating with the other children much more than I wanted. So, after I drop her off at school in the morning, I concentrate on my career as a songwriter. With two radio singles to my credit and an ever growing music library that is pitched to other artists, television and film I am highly motivated. Also, I keep up with our family tree farm and serve on the board of directors for several noteworthy philanthropies. I take continuing education courses at Southern Methodist University and keep up the world outside my window as best as possible. But mostly I work really hard at nurturing my now nearly 29-year-old marriage. It's my most precious possession. And so, as I follow the trail into middle age and beyond, I find that my mother has blazed for me a path looking squarely at a hope-filled adventure.

[Author Affiliation]

About the author

Ross Vick is a singer/songwriter, business consultant, philanthropy volunteer, tree farmer, budding writer, husband and father. His experiences working in a family business since the age of 13 have given him a depth of insight into the intricacies of existing in that unique environment. A Gemini, born both a naive romantic and tough competitor Ross explores the peaceful elements of his music, his writing and his relationships.

I've discovered a few things along the way: It is difficult to want to win, hut not at any cost. Sometimes gaining the order, loses the account.

Sometimes winning the argument loses the romance.

Finding how to nurture the soul while making a living was once thought to be incongruent. Today's generation, much to their credit are looking for both meaning and money in their lives many times concentrating on the former.

Currently Ross is exploring the world around him through educational and service based philanthropies: The Vick Family Foundation, Big Thought, and Kids Who Care. As to his songwriting, with his band TrueHeart, his first single The Road reached 27 on the Billboard Adult Contemporary Chart, and his follow up single Plan for Peace was the 2010 UK Songwriting Contest winner in the Christian/Gospel category. He wrote two songs for the Kids Who Care musical production of The Zone. In my song Holy Signs for The Zone I talk about not waiting for perfection in your life in order to initiate action. The chorus states:

You gotta get up and you gotta get going, quit waiting for the one all knowing moment, when it all aligns. You keep waiting for all the answers, but deep inside you 're afraid to chance there won 't be any Holy Signs, any Holy Signs.

Ross definitely lives that way. And he has the scars from the mistakes to prove it. He makes time for replanting old family farm lands in East Texas with LongLeaf and Loblolly pines. He says:

I'm trying to leave the world better than I found it in several ways. It is important to me for my great-great grandchildren to be able to listen to the music I have created and know who I am through that experience. Moreover, I want them to be able to stand underneath a LongLeaf Pine tree, a species made practically extinct in the early 20th century by clear cut logging techniques, that I planted in 2005 and look up and wonder at nature and the pure fact they are standing in the shade of a tree their ancestor planted long ago who did so with that exact intent. It's probably the only thing I've ever done with that mind set. Everything else has been pure serendipity. And none of it would have ever happened without the love and support of my wife Julie who is the single greatest serendipity in my life.

Contact Ross Vick as follows:

Ross Vick III

e-mail: ross3vick@hotmail.com

Stocks fall as Dec. job losses top estimates

Stocks retreated Friday after the government said employers cut more jobs than expected last month. Interest rates fell as some investors sought the safety of Treasury notes and bonds.

The Labor Department, which also said the unemployment rate stayed at 10 percent, reported that employers cut 85,000 jobs last month, worse than the 8,000 drop analysts expected.

The report also signals that many jobless people are giving up on their search for work.

The news reminded investors that the economic recovery is likely to be a fitful one. Data from the previous two months was revised to show that the economy generated 4,000 jobs in November, the first gain in nearly two years. But the revisions showed it also lost 16,000 more jobs than previously estimated in October.

A year ago, when the economy was still reeling from paralyzed credit markets and the collapse of several big national banks, the Dow Jones industrial average fell 143 points on news that the unemployment rate had climbed more than expected to 7.2 percent during December 2008. Employers cut 524,000 jobs that month.

In early morning trading, the Dow Jones industrial average fell 22.45, or 0.2 percent, to 10,584.41. The Standard & Poor's 500 index fell 1.68, or 0.2 percent, to 1,140.01, while the Nasdaq composite index fell 0.13, or less than 0.1 percent, to 2,299.92.

Interest rates fell and bond prices rose as uneasiness about the economy sent investors looking for the security offered by government debt. The yield on the benchmark 10-year Treasury note, which moves opposite its price, fell to 3.80 percent from 3.83 percent late Thursday.

Three stocks fell for every two that rose on the New York Stock Exchange, where volume came to 130 million shares, compared to 145.6 million traded at the same point Thursday.

In corporate news, UPS Inc. shares rallied after the delivery service company said its fourth-quarter results would top previous estimates.

UPS shares rose $2.93, or 5.1 percent, to $60.34.

European markets were mostly lower following the U.S. jobs data. They were also reacting to a report that showed unemployment in the 16 countries that use the euro rose to 10 percent in November for the first time since the single currency was introduced at the start of 1999.

Earlier, Asian stocks advanced after upbeat holiday sales figures suggested American consumers were spending more.

The dollar fell against other major currencies, while gold prices rose.

The Russell 2000 index of smaller companies fell 0.33, or 0.1 percent, to 641.64.

Overseas, Japan's Nikkei stock average rose 1.1 percent. Britain's FTSE 100 fell 0.3 percent. Germany's DAX index declined 0.4 percent, while France's CAC-40 rose 0.6 percent.

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Augstums reported from Charlotte, N.C.

General Growth to buy Rouse Chicago firm adds to its mall haul with $7.2 billion purchase

Moving beyond the standard megamall, General Growth PropertiesInc. said Friday it agreed to buy the Rouse Co., owner of suchdestination shopping centers as Water Tower Place and Boston'sFaneuil Hall Marketplace, for $7.2 billion.

The sale, which needs approval from Rouse shareholders to befinal, also gives General Growth ownership of master-plannedresidential and commercial developments in Nevada, Texas andMaryland. Rouse's principal holding is its 40 million square feet ofretail sites, about a quarter of General Growth's size.

Terms call for Rouse stockholders to get $67.50 a share, a 33percent premium over where the shares traded before the deal wasannounced. The news caused Rouse shares to advance $16.04 Friday toclose at $66.65, while Chicago-based General Growth's shares slipped$1.54 to close at $30.

General Growth executives said the premium they paid is justifiedbecause of the potential for higher revenue and lower overhead on theRouse properties. Robert Michaels, General Growth's chief operatingofficer, said the Rouse holdings can benefit from adding restaurants,movie theaters and "streetscape retail."

With a 92 percent occupancy level, the Rouse sites are well-managed, said John Bucksbaum, General Growth's chief executive.Hailing Rouse's collection of "marquee malls," Bucksbaum said thedeal positions his company "to be the industry leader in all aspectsof our business."

General Growth has made $1.5 billion in acquisitions this year andhas changed its focus from developing malls to buying them, usingcontacts with retailers to keep them filled. Bucksbaum called theRouse sale "the equivalent of five full years of acquisitions in onefell swoop."

The sale is expected to close late in 2004. Besides the purchaseprice, General Growth will assume about $5.4 billion in debt.

Rouse also owns scattered office and industrial buildings, whichanalysts said General Growth is liable to sell. But General Growthexecutives said they have a long-term interest in Rouse's master-planned communities.

Employees handling those communities are expected to be offeredjobs at General Growth. Bucksbaum declined to say how many layoffsare likely at Rouse, which is based in Columbia, Md.

Rouse was founded in 1939 by James Rouse, credited with coiningthe term "urban renewal." The company acquired majority interest inWater Tower Place in 2002.

Shopping list

With its acquisition of the Rouse Co., General Growth PropertiesInc. adds to its Chicago-area holdings. The local malls it willcontrol:

*Stratford Square Mall, Bloomingdale

*Water Tower Place, Chicago*

*Ford City Mall, Chicago

*Golf Mill Shopping Center, Niles

*Northbrook Court, Northbrook

*Oakbrook Center, Oak Brook*

*Spring Hill Mall, West Dundee

* Denotes properties Rouse owns.

SOURCES: Rouse Co., General Growth Properties Inc.