Things To Consider When Offered A Structured Settlement

Submitted by: Penny Lane

If you find yourself in a position where someone owes you a large some of money, you might have two options. You can take a single amount up-front or you can opt for a structured settlement. Structured settlements are when money owed to you is paid out over the course of time. In many cases, this option provides you with a higher overall amount of money. If you take everything upfront, you receive less. There are several reasons for this occurring and many people might think it makes perfect sense to take the higher amount. After all, if you are patient, you will end up with more money than if you choose to take it all immediately. Unfortunately, the benefit of getting a higher amount over time does not always outweigh the benefits of taking the money upfront for a lesser amount. Before making your decision, it is important to consider a variety of factors, including the difference. Usually it is not too significant, but it is up to you to decide if the difference in amounts is worth the risk.

Determine how responsible you are with your money. Though it is often better to take a lump sum, if you know you will be irresponsible and waste it, it might be better to stretch it out over time. You are creating a built in safety net. It is in no way ideal, but it is better than wasting all of the money as soon as you get it. Instead of a traditional savings account, you are forcing yourself to not spend frivolously.

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It is a good idea to consider handling the lump sum yourself though, and investing it in a way that forces you to save. Though the long-term payments might eventually equal a higher amount than a lump sum, will that amount be higher than if you invest it yourself? Could you put the money into a bank account or the stock market and turn it into an even larger amount that the long-term payments would have been? You might be better off managing the investment yourself, instead of letting someone else hold onto the money.

Find out if your family is entitled to the money once you are gone. Otherwise, you are giving up money that is part of your estate for no reasons. For instance, if someone owes you one million dollars and you choose to take that amount over the course of ten years, you will have gotten the entire million at the end of a decade. If you die in five years and your family does not get the remaining amount, you only received half of what was owed to you. If you take a lump sum that is reduced maybe by 25 percent, you are getting three quarters what is owed, but you are guaranteed to get that money.

Finally, can you trust that the person funding what is owed to you will be financially solvent over the course of the time they are paying you? What if they run out of money before your payments are all made. If they go under, you have no guarantee you will be any of your money. You could walk away with a thousand dollars out of the million you are owed. This is an important consideration when determining what financial arrangement will work best for you.

About the Author: Penny Lane recently researched a landmark

structured settlement

case for an article. She learned that

structured settlements

are the best alternative in some cases.


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Volunteers gather to help patrol Arizona’s border with Mexico

Volunteers gather to help patrol Arizona’s border with Mexico

Sunday, April 3, 2005

Volunteers from across the United States and some foreign countries gathered Friday to start an unofficial border patrol project.

They converged on the town of Tombstone, Arizona to take part in what organizers call the Minuteman Project.

Many came with personal firearms, cell phones or walking canes.

Most estimates numbered the group at 400 to 450 people, recruited from the Internet, far less than the 1,300 the organizers had hoped for, but “it was enough to send a message,” according to Rep. Tom Tancredo, R-Colo.

“The federal government has walked away from this border,” he told some volunteers. He gained support and popularity for his stance against illegal immigration, but was characterized as anti-immigration in general.

“We are here to exercise what is a basic American right: free speech and the right to assemble,” he said.

Local citizens such as Luis Martinez, a third-generation Tombstone-area resident, were very unhappy with the developments. “They’ve come here to cause problems — to fight. Not to solve problems.

“I work in a ranch and all the ranchers use labor from the other side” of the border.

As Martinez fought back tears, he said he wanted to see the throngs leave Tombstone and go home.

During speeches delivered at orientation meetings, Rep. Tancredo was applauded loudly as he dismissed criticism from those who have called the volunteers racists and xenophobes. His fellow [[Republican Party (US)|Republican}}, President George Bush, described the group as “vigilantes.” Mexican President Vicente Fox used the term cazamigrantes — immigrant hunters.

Tancredo said: “We are saying to our government, ‘Please enforce the law,’ That is not a radical idea. That is not a vigilante idea. It is an American concept: the rule of law.”

Many of the volunteers, some from as far away as Italy, are bedding down in the nearby Miracle Valley Bible College for about $5 a night. Others are camping on the grounds of the run-down campus, about two miles north of the border.

Opposing sides were on the streets in Tombstone, although it appeared there was little contact or friction. Local, state and federal officers had mobilized in case confrontations arose.

James Gilchrist, a former Marine and a retired accountant from Aliso Viejo, Arizona, who ran the sign-up effort, said he expected more than 1,000 volunteers to help highlight the 30-day effort. The project’s goal is to patrol 23 miles of the San Pedro Valley, watch the border, and report illegal activity to law enforcement officials.

Many people fear that the project could result in vigilante violence. Organizers hope it causes the U.S. government to increase border patrols.

Tombstone is best known as the site of the 1881 shootout at the OK Corral.

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  • Libyan court upholds death sentence for foreign medics in HIV case

    Libyan court upholds death sentence for foreign medics in HIV case
    Posted in Real Estate | September 25th, 2016

    Wednesday, July 11, 2007

    The Supreme Court in Libya has upheld the death sentence for five Bulgarian nurses and a Palestinian medical intern condemned for infecting 426 children with HIV. Just one day ago, a deal to free the foreign medics was announced.

    The six defendants were not present at the court ruling, while family members of the children rejoiced when the judge confirmed the verdict. “This is a victory for the Libyan judiciary system. We are awaiting the execution of the death sentence,” said Al-Monseif Khalifa, a lawyer for the plaintives.

    E.U. Commission President José Manuel Barroso remains hopeful that the medics will receive clemency. “We regret that these decisions have been made, but I also want to express my confidence that a solution will be found,” Barroso told the European Parliament.

    Bulgarian President Georgi Parvanov called for a quick solution. He said the verdict came as no surprise, and expressed his hope for a swift final solution. The case will now move to the Supreme Judiciary Council which will hear the case on Monday, according to Libya’s Foreign Minister, Mohammed Abdel-Rahman Shalgam. The Council is headed by the Justice Minister of Libya.

    Late Tuesday, the Gaddafi Foundation, a non-profit run by the son of Libya’s de facto leader Muammar al-Gaddafi, said a deal had been reached to free the health workers. The head of the Association for the Families of the HIV-Infected Children, Idriss Lagha, also said announced that a deal could be reached soon.

    After the verdict today, Salah Abdessalem, a spokesman for the Gadhafi International Foundation for Charity Associations, reconfirmed to the Associated Press that a settlement to free the detainees still exists, which he said was acceptable to all parties and would end the crisis, without giving further details.

    Unnamed officials who wished to remain anonymous disclosed the deal would involve financial compensation in exchange for the death sentences being commuted to a prison sentence, according to the Associated Press. E.U. officials say the European Union would agree to establish a fund of tens of millions of dollars to pay for the children’s future medical care. Bulgaria and the European Union are calling it humanitarian aid instead of compensation, which would imply that their citizens would be guilty.

    The convicted nurses and medical intern began working in the El-Fath Children’s Hospital in Benghazi in 1998, and were arrested and jailed one year later when over 400 children were found to be infected with HIV -over 50 have died since. They were sentenced to death in 2004, and again after a retrial last December which came after an international outcry about the affair.

    A scientific report by professors Luc Montagnier (one of the original discoverers of the virus causing AIDS) and Vittorio Colizzi used as evidence for the defence in the case said that the virus causing AIDS was widely spread in the hospital before the health workers even arrived, and that the infections were due to negligence and poor hygiene procedures in the Benghazi hospital. The prosecution introduced a report of Libyan scientists saying that this was not the case. The detainees have said that they have been tortured to make confessions.

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    Desmond Tutu calls for election of African pope

    Desmond Tutu calls for election of African pope
    Posted in Real Estate | September 25th, 2016

    NB this story is also covered in the article Archbishop Desmond Tutu calls for African Pope.Monday, April 4, 2005 Retired Anglican Arch-Bishop Desmond Tutu has called for the Catholic church to appoint an African as new pope. “We hope the cardinals when they meet will follow the first non-Italian pope by electing the first African pope,” said Tutu on SABC TV at a press conference in his Cape Town home.

    Nigeria’s Cardinal Francis Arinze, currently number four in the church hierarchy, is seen as the best hope for a pope from the third world. If Arinze is elected he will become the first African pope since Gelasius I in 496 AD.

    “There should be democracy in the Catholic Church. Europeans should allow an African to become the next pope,” said 21 year old Nigerian student, Ifeoma Ezinwa, at the Saint Monica Catholic Church in Igbogbo, Lagos. “The church is growing in Africa. If Arinze gets to that position, he would work for its faster growth,” she continued.

    However Steve Uwagba, a Nigerian accountant, thought that “International politics in the church may not allow him to get the papal seat. The odds of international politics and conspiracy against Africa weigh heavily against him.”

    Tutu also added that “We know that [the pope] was a champion for world peace. And more than any other pope [he] went around the world galvanizing the faithful who turned out in droves to meet him. We also want to pay tribute to him for his concern for the unity of humankind. He was the first Pope, I think, to gather together … leaders of other Christian denominations, calling them to prayer for the world,”

    The archbishop of Cape Town Njongonkulu Ndungane – Tutu’s successor – offered his condolences to the world’s catholics. “Our sincerest condolences go out to Catholics worldwide on the death of their great leader. We thank God for his ministry and that he has now been relieved from pain,”

    Father Stephen Chukwu of St Augustine’s church in Ikorodu on the outskirts of Lagos, Nigeria said to a congregation of three thousand, “The whole world is standing still. People are held spellbound because the mighty has fallen. The whole church mourns because a leader and a revolutionary has gone,” he told the crowd, many of whom wept and sobbed.

    “Who would ever believe that a pope could come from outside Rome? He was an ideal man and he led an ideal life. He held tenaciously to the teachings of the Apostles. He was against killing and abortion,” he declared. He was not a friend of the wealthy or the mighty. He was a friend of those in the gutters. He preached and fought for democracy.

    After mass Mary Okoli, a 42 year old teacher said “My hope and prayer is that we get an African, especially a Nigerian, to replace him and continue his good work,” “We are particularly grateful for the attention he paid to Africa and the developing world during his papacy. His concern for the poor marked him as a truly caring leader and we share the grief and loss of the Catholic Church at his passing. We also pray for the Catholic Church as it contemplates the election of the next Vicar of Christ,” he said in a statement.

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    Relief Debt Trading One Debt For Another

    Posted in Bankruptcy | September 22nd, 2016

    Relief Debt – Trading One Debt for Another


    Vicki Hall

    There’s no way out of debt completely. Of course, there are consumers who cut up their credit cards, own their homes free and clear, and don’t have any outstanding debt. Today, that is a very rare situation. The economic crisis seen in the United States in recent years has created mountains of debts for the average person, and many of them have sought relief through various resolution programs.

    In several types of debt resolution, a certain amount of relief debt is incurred. When a type of program is undertaken that requires a loan to pay off bills, it is known as relief debt. It is essentially trading one kind of debt for another. Relief debt replaces debt that is owed to many creditors, and rolls it into one tidy sum to one creditor. This is usually a bank or another financial institution, who carries the note.

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    Through negotiation, creditors agree to settle for lesser principal amounts and decreased interest rates in lieu of being paid off. To do this, the consumer takes out a secured loan against hard collateral such as a home and an automobile. For the person who still has a mortgage, this means there’s then a second mortgage against his home, but incurring relief debt is also a way to satisfy creditors and start a path to financial recovery.

    Since relief debt consists of a loan, the consumer, who asks questions and does their homework stands the best chance of making a sensible decision. The most basic question should be whether the loan will have to be secured or whether it can be unsecured. If the loan is secured, count on being a second mortgage on the home if the amount is very large at all. Secondly, if the consumer has a high debt to income ratio, there is a good possibility of finding a loan hard to even get. The consumer needs to consider how much the monthly payment will be, the total cost including interest paid over the years, and how such a loan and repayment program will effect their credit rating.

    There are a number of credit resolution programs other than taking out a loan. Debt management and debt relief are two of them, where loans are not require. The end result is the same – bills get paid off – but the approaches are different. By working with a reputable debt relief company, it may be possible to take another approach and avoid a loan and subsequent relief debt. Most consumers prefer to look at all of these options in lieu of declaring bankruptcy, and it is a very wise idea.

    is a reputable and experienced debt resolution company. The website –

    – provides many articles on each type of debt relief programs, and it free to consumers. There are also experienced consultants who will answer questions by phoning 1 (888) 703-4948.

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    Former Satyam CEO Raju, his brother and CFO arrested and detained in profit-fraud scandal

    Former Satyam CEO Raju, his brother and CFO arrested and detained in profit-fraud scandal
    Posted in Real Estate | September 22nd, 2016

    Monday, January 12, 2009

    Byrraju Ramalinga Raju, founder and chairman of Satyam Computer Services, and his brother, B. Rama Raju, the company’s managing director, were arrested late Friday by Andhra Pradesh police. The brothers were placed under judicial custody in a Hyderabad, India jail and will remain there until January 23. Facing charges of criminal breach of trust (Section 406 of IPC), criminal conspiracy (Section 120-B), cheating (Section 420), falsification of records and forgery (Section 468), and fraudulent cancellation of securities (Section 477-a), they face up to ten years imprisonment if convicted.

    After 18 hours of interrogation by the Crime Investigation Department (CID) at the state police headquarters, the Raju brothers were sent to the Chanchalguda prison and slept Saturday night on the floor along with 26 other low-risk inmates.

    S. Bharat Kumar, the Rajus’s lawyer, asked the magistrate to issue orders for health monitoring. “His blood pressure is fluctuating and he needs medical treatment,” said Bharat Kumar. Mr. Raju appeared before the court Saturday while a team of doctors visited him after he had complained of chest pain.

    Raju has Hepatitis-C, and both brothers have high blood pressure, so health precautions are necessary while imprisoned. Prison rules mandate service of jail food thrice a day. The menu includes 650 gm of rice thrice a day with 250 gm of vegetable curry and 125 gm of ‘daal’ plus tea twice a day.

    Satyam’s chief financial officer Vadlamani Srinivas, who was also arrested Saturday, had undergone preliminary investigation and appeared Sunday before a special court, according to A. Sivanarayana, Andhra Pradesh additional director general of police. Srinivas was remanded to judicial custody until January 23 by Mr. D. Ramakrishna, Sixth Chief Metropolitan Magistrate, and sent to the Chanchalguda jail with the Raju brothers after interrogation by CID’s Crime Branch (the CB-CID). During his Saturday night arrest and probe by CB-CID, Srinivas made revelations which are contained in his confession letter as submitted to Network 18. “According to me fixed deposits are unreal and fictitious which were managed and was an understanding between the audit section management,” Srinivas stated.

    The Hyderabad court on Monday postponed the bail hearings of the Raju brothers and Srinivas to January 16. To be defended by a battalion of 25 lawyers, the three accused will remain in Chanchalguda Central Jail until further court order. The Raju brothers were shifted Sunday to a mid-size Old Hospital Barrack cell shared with a bootlegger.


    • 1 The offences
    • 2 About Satyam Computer Services
    • 3 Impact on Satyam Computer Services finances and reactions
    • 4 Related news
    • 5 Sources

    In 2008, the company struggled to purchase two infrastructure companies founded by family members of company founder and CEO Dr. Raju – Maytas Infrastructure and Maytas Properties – for $1.6 billion, despite concerns raised by independent board directors. Dr. Raju tendered his resignation on January 7 after due notice of falsified accounts to board members and the SEBI.

    Since January 7 when two lawsuits were commenced, dozens of other class action law suits were filed against Satyam for hundreds of millions of dollars damages based on fraud in the United States District Court for the Southern District of New York in Manhattan, among others. The securities fraud class-action lawsuits have been filed on behalf of investors who bought Satyam American Depositary Receipts (ADRs) since 2004.

    On Wednesday Dr. Raju admitted to falsifying and overstating Satyam’s cash reserves by $1B US dollars (£661m) or 94% of its cash and bank balances on books at the end of September.

    The fraud was perpetrated several years ago to bridge “a marginal gap” between actual and accounting books operating profits, and continued for several years. “It was like riding a tiger, not knowing how to get off without being eaten,” B. Raju said.

    In a letter to the board, Dr. Raju said that neither he nor the managing director had benefited financially from the inflated revenues. Further claiming that none of the board members had any knowledge of the dire company situation, he noted that Satyam’s balance sheet as of the September 30, 2008, carried inflated figures for cash and bank balances of INR 5,040 crore (as against INR 5,361 crore reflected in the books). He alleged it also carried an accrued interest of INR 376 crore which was non-existent. He confessed that he himself prepared an understated liability of INR 1,230 crore on account of funds amid an overstated debtors’ position of INR 490 crore (as against INR 2,651 crore in the books).

    Indian analysts have compared the Satyam-Raju scandal to the infamous American Enron scandal. Immediately following the media expose, PricewaterhouseCoopers, auditor of Satyam’s accounts, was set to be probed for complicity in the controversy. Times Now has reported that the Andhra Pradesh CID arrested PricewaterhouseCoopers (PWC) representative Gopal Krishnan for investigation on Saturday night.

    New York-listed Satyam Computer Services Ltd., India’s fourth-biggest software firm, is a consulting and information technology services company based in Hyderabad, India. Founded in 1987 by Dr. Byrraju Ramalinga Raju, Satyam’s network spans 67 countries on six continents. It employs 53,000 professionals in India, the United States, the United Kingdom, the United Arab Emirates, Canada, Hungary, Singapore, Malaysia, China, Japan, Egypt and Australia. Its monthly salary outflow is estimated at six billion rupees ($125 million). Deriving more than half of its revenues from the United States, it serves 700 global companies, 185 of which are Fortune 500 corporations.

    Satyam’s clients include Nestle, Ford, General Electric Co., General Motors Corp., Nissan Motor Co., Applied Materials Inc., Caterpillar Inc., Cisco Systems Inc. and Sony Corp., and brought in about $40bn last year.

    In December 2008, a failed acquisition attempt involving the company Maytas led to a plunge in Satyam’s share price. After Wednesday’s confession, Satyam stocks fell further by more than 70%, while the BSE SENSEX dropped to 7.3% Wednesday, causing the removal of Satyam Computer Services from its indices on Thursday. The shares free fell to 11.50 rupees on Friday, their lowest level since March 1998, compared with around last year’s high of 544 rupees.

    The New York Stock Exchange has terminated trading in Satyam stock as of January 7, while the National Stock Exchange of India said it will remove Satyam from its S&P CNX Nifty 50-share index from January 12.

    India’s biggest-ever corporate fraud has seriously tainted India Inc.‘s strong corporate governance image. “The admission of fraud in financial affairs has created an adverse impression in the minds of trade, business and industry across the world,” the Indian government admitted. The government intervened on Friday night, dismissing Satyam’s board of directors, announcing it will appoint representatives to manage the affairs of the insolvent outsourcing giant. The board would meet within seven days. Dr Yeduguri Samuel Rajasekhara Reddy, chief Minister of State of Andhra Pradesh, India, on Sunday said that the main agenda is to protect the jobs of the software professionals. “We are taking all needful steps in coordination with the government of India to ensure that the jobs of 53,000 engineers are protected and the shareholders’ money is salvaged,” Reddy said.

    “We are working on the names. The Satyam case is an aberration. The credibility of the Indian corporate sector in general, and IT sector in particular, should not be allowed to suffer because of this.” Prem Chand Gupta, the Corporate Affairs Minister said. The Federal Government of India appointed a three-member independent board with full authority for Satyam on Sunday and was set to convene within 24 hours. “We have appointed Deepak Parekh, chairman of Housing Development Finance Corporation, Kiran Karnik, former president of IT industry body NASSCOM and C. Achutan, former member of Securities and Exchange Board (SEBI) of India,” Mr. Gupta said.

    In early Monday trading (0535 GMT) after the creation of the three-member board, Satyam shares rocketed upwards 60% to 38.15 rupees, even though the main Mumbai market was down more than 2%. BBC reported that Satyam shares have jumped 51% to 36.05 rupees on Monday after the stock lost 87% last week. “The constitution of the new board is seen as a positive step by the market. It’s a confidence boosting measure,” K.K. Mital, Globe Capital, New Delhi head of portfolio management services said. “But the rally will depend largely on the financial situation at the company and the kind of measures that are taken to improve liquidity,” he added.

    The Company Law Board, however, has requested Satyam’s interim board not to implement its decisions. “We are asked by the Company Law Board not to implement the decisions of the board. But we are allowed to continue our activity. The team which was constituted recently is continuing its work,” Satyam head global marketing and communications, Mr. Hari Thalapalli, said.

    Lazard Ltd., who has a 7.4% stake in Satyam, sought representation on the new board and wrote as much to The Indian Ministry of Corporate Affairs. “As the largest shareholder in the company, we want to be consulted in whatever decisions are being taken by the Indian government. We have written to the Ministry of Corporate Affairs and are awaiting a reply from them,” Hitesh Jain, a partner at ALMT Legal, who claimed to represent Lazard, said. “It is a fair proposal and we will take a decision as and when we clear other issues. No decision on this has been taken yet,” P.C. Gupta replied.

    Meanwhile, the Securities and Exchange Board of India (SEBI) also announced it will try to control the damage and take steps to boost investor confidence. “This exercise will be undertaken after the third quarter results and is expected to be completed by end of February this year,” a SEBI official statement said. A SEBI team is also investigating acting-CEO Ram Mynampati whose salary was greater than that of founder Dr. Raju and all the directors combined. Dr. Raju had just one fifth of Mynampati’s total package of over Rs 3.5 crore as of March 2008. All the directors comparably received only a total of Rs 2.6 crore as salary, commissions, sitting fees, professional fees and other receivables.

    Further, the Andhra Pradesh Police CID and teams assigned by the Economic Offences Wing of the CB-CID conducted searches Sunday of homes of the accused including the ex-CFO’s office to gather documentary evidence about the financial fraud.

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    U.S. Conference Board says leading economic indicators rose 1.2% in May

    U.S. Conference Board says leading economic indicators rose 1.2% in May
    Posted in Real Estate | September 22nd, 2016

    Friday, June 19, 2009

    The Conference Board, a non-profit global business organization, said on Thursday that its index of leading economic indicators in the United States rose by 1.2% last month, the second consecutive increase. The rise is the largest back-to-back increase since the last two months of 2001, the group said.

    Seven of the ten indicators had seen an improvement: stock prices, money supply, building permits, capital-goods orders, consumer expectation and interest-rate spread. The three indicators that had contracted were initial jobless claims, consumer-goods orders, and work hours at factories.

    “The recession is losing steam,” said an economist for the Board, Ken Goldstein. “Confidence is building and financial market volatility is abating. Even the housing market appears to be stabilizing.”

    “If these trends continue, expect a slow recovery beginning before the end of the year. However, employment will take longer to turn around,” he added.

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    Ziff Davis sells 1UP to UGO Networks/Hearst, closes Electronic Gaming Monthly

    Ziff Davis sells 1UP to UGO Networks/Hearst, closes Electronic Gaming Monthly
    Posted in Real Estate | September 22nd, 2016

    Thursday, January 8, 2009

    Electronic Gaming Monthly is now dead. EGM was one issue away from its 20th anniversary in February 2009. An internal email leaked to industry website Gamasutra on Tuesday revealed that EGM was to be closed following the acquisition of the online element of the 1UP network by competitor Hearst Corporation‘s UGO Entertainment and that the January 2009 issue (with Wolverine on the cover) would be the final printed issue of the iconic magazine. Ziff Davis‘s sale, brokered by GCA Savvian Advisors also includes,, and Hearst Interactive is the owner and operator of UGO Entertainment.

    According to CEO Jason Young, the court proceedings help Ziff Davis “pay down debt and shift our full focus to our core PCMag Digital Network Business.” Davis had been focusing on PCMag Digital Network. As a result, around 30 employees of Ziff Davis’ Game Group, including EGM Magazine’s staff, 1UP Network’s web staff, podcast and video producers lost their jobs. A UGO spokesman explained that “the reality is that UGO Entertainment is saving over 25 jobs, the company is retaining a core group of editorial all-star performers.” Ziff Davis Holdings Inc (ZFDH.PK), which publishes EGM and about 15 Web sites, obtained Manhattan, New York Court Judge Burton Lifland’s approval of a reorganization plan under Chapter 11, Title 11, United States Code. It was able, therefore, to emerge from its duly filed March bankruptcy protection petition.

    UGO Entertainment CEO J Moses left a note on EGM’s gaming legacy, saying, “since we started UGO 11 years ago, we have served the gamer community and built a world-class online publishing platform.” Ziff Davis Media CEO Jason Young further noted: “We believe this is a smart transaction for Ziff Davis Media that places these market leading assets and teams in a great environment poised for further success. The transaction allows us to pay down debt and shift our full focus to our core PCMag Digital Network business. We thank our 1UP team members for their contributions and wish them the best of success into the future.” In July 2007, Hearst acquired the 11-year-old UGO Networks (Hearst Interactive) for an estimated price of $100 million. Established in 1998 by CEO J Moses, UGO is an online site targeting men aged 18 to 34.

    J Moses stated categorically that his company just saved 1UP and UGO never tried to acquire EGM. “Closing EGM has absolutely nothing to do with UGO. We have just hired 24 people and have expanded UGO by 33 percent, because our business is robust and growing. We only wanted to buy 1UP and related sites. That was our interest as a dot-com company and that’s all we’ve ever been for 11 years.” Sam Kennedy, editorial director of 1UP, further explained that Ziff Davis was insolvent and 1UP was not financially healthy. “The reality of the market was that no company, including UGO, was willing to sustain 1UP as it was so the cuts were very painful but necessary to the survival of 1UP,” he added.

    Electronic Gaming Monthly, which has been synonymous to video games for generations of gamers, was an American consumer video game magazine mainstay. It was published by Ziff Davis as part of the 1UP Network and released 12 issues a year (and an occasional extra “13th” issue for the Christmas season, also known as the “Smarch” issue, a reference to an episode of The Simpsons). As ZD’s sole print magazine, EGM, a stalwart of the videogame industry and dubbed the New York Times of games journalism, has been losing money. The 20-year-old publication had 236 issues total, since its debut in 1989.

    In 2008, the company closed 27-year Games for Windows Magazine, or Computer Gaming World. In late 2006, Ziff-Davis also shuttered its Official U.S. PlayStation Magazine, while its Xbox-focused XBN and Electronics Boutique in-store mag GMR were terminated in 2004. EGM’s February issue, which is completed, will only be available digitally. Print publications have been suffering for years now, due to the global economic meltdown.

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    50 Ways To Conserve Water At Home

    Posted in Gutter Cleaning | September 18th, 2016

    By Paul Purcell

    With many areas of the country in drought conditions, all of us could use a reminder list of ways to cut back on our water consumption around the house.

    You can go three weeks without food, but only three days without W.A.T.E.R.:

    Waste: Tighten plumbing leaks and prevent other needless losses of water.

    Application: Where do you use water that you shouldnt?

    Teaching: Its good youre following these suggestions, but what about others? Pass these along.

    Economy: Where do you need to use water that you could use less?

    Reclamation: Where can you get extra water?

    1. Fire Safety. Summer brings heat, dryness, and wildfires and winter sees increased house fires from additional heating sources. Since a fire would need hundreds or thousands of gallons of water to fight, any fire prevention steps are water saving steps.

    2. Brick in the toilet. A brick in the toilet tank takes up space to replace water. If a brick uses half a quart of space, you save half a quart per flush. Hint: Since bricks can dissolve, paint it with basement water sealant.

    3. Color coded conservation. You dont always have to flush your toilet every time. To borrow an old adage, If its yellow let it mellow, if its brown flush it down.

    4. Buy a low-flow toilet. Though an expensive option, its easy to incorporate into your lifestyle, and some communities offer homeowners rebates for installing these water-savers.

    5. Rain barrels. Rain barrels save rain water. While you cant immediately drink this water, you can use it in food gardens, for outside washing, and you can purify it for bathing. Also, buy storage barrels to keep in the garage, and use them to store water saved by methods listed in this article. Mark the barrel as to whether the water is drinkable.

    6. AC condensation. If you have central heat and air, you have a drain line that carries away the condensation that collects from your air conditioner coils. If yours is not connected to sewage lines you can collect and use this water. DO NOT DRINK THIS WATER! It can be used to water your garden, outside washing, or watering the house plants. You can collect up to two quarts per day during humid weather.

    7. Squeeze-handle shower head. You can buy shower setups that have the squeeze-lever-activated head on a hose. This will let you wet down, lather up, and then rinse off without leaving the shower running. If you dont like the squeeze-handle variety, you can find low-flow shower heads.

    8. Faucet restrictors. Like the low-flow shower head, you can also find low-flow faucet restrictors.

    9. Liquid soap. For hand washing, nothing saves water like liquid soap since it lathers more quickly than bar soap. Squirt a small dollop of liquid soap, give a quick burst from the faucet, lather, and turn the faucet back on briefly to rinse.

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    10. Spray bottles. Keep a small spray bottle of water by the sink. When washing your hands (with liquid soap), or wetting your toothbrush, all you need is a quick spritz from the bottle instead of using the faucet.

    11. Plastic gloves. Plastic foodservice gloves come 100 to a box for just a couple of dollars. If theres anything youd do that would make you wash your hands before, during, or afterwards (like painting, etc.), then wearing gloves will save a hand washing.

    12. Paper plates. During a drought; water takes temporary precedence over other resources. Using paper plates saves dishwashing water. Paper towels will also help by cutting down on the number of cloth towels you have to wash.

    13. Keep a jug by the sink. Keep an empty water jug by the sink to catch and save cold water coming from the tap while youre waiting for the hot water. If you collect a lot of water this way, put it in your storage barrels.

    14. Consolidate heavy work. Do you do things at different times of day that make you sweaty? Consolidate these efforts. If you work out and also work in the yard, try to work out and then immediately do your yard work. Stay sweaty, take just one shower, and wear just one set of clothes.

    15. Waterless car wash. Several companies produce waterless carwash products that let you spray them on and wipe them off leaving your car spotless without the use of water. (For one that benefits schools, see or call them at 601-503-8300.)

    16. Disposable paint brushes. If you have to paint, try to use zero water. Wear your plastic gloves and use brushes you can just throw away.

    17. No lawn watering. However, if you collected the rain water or AC condensation earlier, you might use a watering can to cure brown spots, or water shrubs or trees that might die.

    18. Check faucet washers. However, know what youre doing before tackling the repairs yourself since a plumbing accident could spew more water than your faucet drip.

    19. Full dish washer. Letting the dishes pile up in the sink is okay if youre waiting for a full load for the dishwasher.

    20. Full clothes washer. Full loads of laundry are best as theyre more water-efficient. And if you have just one or two items to wash? Hand wash them in the sink.

    21. Hand wash over dishes. If youre letting dishes pile up and some need some presoaking, use the kitchen sink for hand washing. Let the soapy water accumulate and pull double duty by pre-cleaning your dishware.

    22. Dig a well. If you live in an area where you can have a well, please dig one. Though pricey, it will give you an alternate source of water and will help conserve city water.

    23. Dixie cups. These tiny cups can let you see how much (or little) water you need for things like rinsing after brushing your teeth. And since theyre disposable, you dont have to wash.

    24. Pass this list to a friend. Its good that youre reading this list. Passing it along to others helps them conserve too. With conservation, it really is the more the merrier.

    25. No new aquariums. If the kids come home wanting anything more than a fishbowl for a new aquatic pet, do what you can to talk them out of it. Unless of course, you fill it and maintain it with rainwater.

    26. Nuke your water. For some hot water needs its thriftier to fill a cup with cold water and zap it in the microwave, rather than let the water run until the hot water shows.

    27. Shave from a cup. One use for your cup of hot water is shaving. Rather than let the water run during a shave, just rinse your razor in the cup. Better yet, if possible, use an electric razor.

    28. Skip a shower. If youre not dirty and youre not going to do anything but hang around the house, especially if by yourself, why take a shower?

    29. Let the kids skip a bath. If you want to be a hero to your children, provided theyre really not dirty and dont need it, let them skip every other days bath or shower.

    30. Baking soda for Fido. Your dogs baths can be a little farther apart too, if you give them a dry rubdown with baking soda. Rub it in their fur and then brush it out thoroughly. Theyll smell lots better, and be happy they skipped a soaking.

    31. Nuke a washcloth. Wet a washcloth with a quick blast from the faucet, add liquid soap, and zap it in the microwave for a few seconds. You could wash your face and hands, and probably take half a bath. Wet another washcloth and microwave it a few seconds for a quick rinse cloth.

    32. Paper towel dry-off. After your sponge bath with your microwaved washcloths, dry off with paper towels.

    33. Kiddie pools. If youre lacking rain barrels and want to catch a few drops, get some rigid plastic kiddie pools. Theyre inexpensive and will hold gallons of rain runoff from your gutter downspouts.

    34. Solar showers. Have a private back yard? Like being outdoors? You can get solar showers at almost any camping supply store. Use your collected rain water for that occasional warm-weather outdoor shower.

    35. No swimming pool. You save lots of water by not filling your pool. But how could you use existing pool water? The chlorine will evaporate in a few weeks if not maintained, but not enough to drink the water. Use the water for outdoor washing, outdoor showers, flushing your toilet, or as a firefighting water reservoir if your home is in a wildfire area. (See )

    36. Check your meter. Check for leaks at your water meter. If yours is leaking, notify your local water authority.

    37. Check for a leaky toilet. Put a few drops of food coloring into your toilet tanks water. If you see the colored water in the bowl after a few minutes you have a leak and might need a new tank valve.

    38. Tie up a tarp. If youre really serious about collecting rain water, tie a few tarps in place to where they drain into your kiddie pool or other collection point.

    39. Frozen water bottles. Keep plastic bottles of water (about 4/5 full) in your freezer. When using your cooler, use a few frozen bottles of water to keep food cold.

    40. Water at restaurants. If you dont plan to drink it, dont let the waiter leave you a glass of water at the table.

    41. Dishes: wipe vs. rinse. If the dishes are too dirty to stick straight in the dishwasher, wipe them off with newspaper rather than rinsing them. You save water and get double-duty from your newspaper.

    42. Let Fido lick the bowl. If you have a dog, let Fido clean your dishes before theyre put in the dishwasher. (Dont give Fido too much, or anything bad for a dog.)

    43. Aluminum foil. When cooking at home, line your pots and pans with aluminum foil. When youre done cooking, remove the foil to make cleanup easier.

    44. Buying your water. If you buy your drinking water, go for the gallons of distilled water rather than the smaller bottles of mineral water. The distilled is a better value and is actually more pure than the designer waters.

    45. Bug sprayers. Your lawn and garden store will have 2-gallon pump-up sprayers. These will help you use your collected rain water or pool water for washing (and even fighting small fires).

    46. Go Jo. Go Jo is a waterless hand soap that mechanics use. Its rather effective on dirty hands and can be used without water. Similarly, use the little bottles of clear hand sanitizer.

    47. In-line water heater. In-line water heaters can be installed closer to the faucets or tubs theyre to heat, and use less energy. If you get one dont do away with your old water heater (even if you cut off the gas or electric to it) since its a great backup reservoir in water shortage scenarios.

    48. No mopping. Most households now have a Swiffer or comparable cleaning aid intended to replace old-fashioned mops. If you havent made the switch, doing so will save a few gallons of water per year.

    49. Skip a laundry load. Once in a while, some clothing really doesnt need to be washed. In mild weather, outer shirts that were only worn briefly might need just a fluff in the dryer or another ironing to be perfectly ready to wear. Bachelors have known this secret for years.

    50. General safety. We started this article with fire safety and well close with general safety. Each time you prevent a trip to the hospital, you prevent the extra water that would be used during your visit.

    Water is like money. Learn to save it well and spend it wisely.

    About the Author: Paul Purcell is an Atlanta-based security analyst and preparedness consultant with over 20 years risk management experience. Hes also the author of Disaster Prep 101 at

    , and a partner / advisor with 1-800-PREPARE. 2007 Paul Purcell.


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    Arson charge for man who cleaned home with gasoline

    Arson charge for man who cleaned home with gasoline
    Posted in Real Estate | September 18th, 2016

    Wednesday, April 8, 2009

    Ernest Krajniak from Chilton, Wisconsin in the United States has been charged with arson after a lit cigarette ignited gasoline soaked clothes, setting his apartment ablaze.

    On Friday April 3, Krajniak, 47, cleaned his entire apartment with about five gallons of gasoline, wiping everything down with the soaked clothes. After he was finished, he piled the soaked clothes in the center of his bedroom, lit a cigarette and then threw what was left of the still lit cigarette, into the pile.

    Krajniak never called the fire department and never pulled the alarm. Instead he yelled ‘fire’ a few times then walked to the police station where an ambulance took him to a local hospital for the treatment of minor burns. The fire department later arrived to put out the blaze and his apartment was extensively smoke damaged. 11 other apartments were also damaged, leaving the occupants without a place to stay for at least a week.

    “I should have never used that,” said Krajniak during a court appearance on Monday. He admitted to knowing that gasoline was highly flammable. He was arrested and his bond has been set a US$2,500. Krajniak’s next court appearance is scheduled for Monday, April 13. According to, Krajniak has no prior criminal record.

    The careless smoking of cigarettes has been blamed for thousands of fires across the U.S. In January 2008, an unnamed elderly woman in Buffalo, New York was receiving oxygen for medical problems in her home and lit a cigarette and began to smoke it. The oxygen coming from her mask then facilitated the ignition of her clothing, setting her on fire.

    In the U.S. in 2002, only 4% of all residential fires were reportedly caused by smoking materials. These fires, however, were responsible for 19% of residential fire fatalities and 9% of injuries. The fatality rate due to smoking is nearly four times higher than the overall residential fire rate; injuries are more than twice as likely. Forty percent of all smoking fires start in the bedroom or living room/family room; in 35% of these fires, bedding or upholstered furniture are the items first ignited.

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