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How You Could Start a Business

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Most people, at one time or another during their lives, have dreamed of starting their own business. Being your own boss, setting your own rules, succeeding or failing on your own efforts – all of these factors have immense appeal. Of those who desire to run their own business, only a very small percentage actually end up doing so. An even smaller number remain in business after the first year of trading. However, by seeking advice and following a few guidelines from official sources at the start of your venture, it is perfectly feasible to have a successful home business that trades for many years.

Seek Professional Advice

The US government website has a very useful and informative section dedicated to setting up in business. Following the site’s advice, before you can open a business, you first need an idea. Many business ideas come from personal experience, where a product or service is required which is either not currently available or hard to find. With any new business venture, it is essential to research the market beforehand. You need to establish if there really is a demand for the service you will be offering. If the demand is there, formulate a plan concerning how are you going to compete with other established businesses which are operating in your field.

Marketing Your Business

In order to truly succeed in running your own business, it is vital that you market yourself correctly. While there are many ways in which awareness of your business can grow, such as word of mouth from satisfied customers, the surest way to get your name in front of thousands of customers is by marketing. In today’s digitally dominated world, internet marketing leads the way.

Every business today needs a website. A business without a website either gives the impression of being old-fashioned and out of touch or seems like it wants to keep itself distant from its customers. Whether you are looking for web design in Milton Keynes, London, Glasgow or any other part of the UK, for a truly professional look for your business it can pay dividends to have your site designed by an expert. Professional web design in Milton Keynes is available now.

Social Media

One of the best things about marketing your new business on the internet is that it does not necessarily have to cost you a penny. Online activity is dominated today by social media. Whether it’s on Facebook, Twitter, Instagram, or any other such site, many people live their lives through social media. Setting up a social media business page is a simple process and allows you to interact with your customers in a far more personal way than has ever been possible online before.

By drawing up a detailed plan for your venture, carrying out market research, and seeking advice from professional sources such as the US government website, you are giving yourself a great chance to succeed in business.

The difference between White Sumatra and White Thai Kratom

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If you look into the medicinal literature of Asia, Kratom is something that comes in quite frequently. Kratom has revived itself as a rejuvenating beverage in recent times as it gains in popularity day by day. In fact, some people are even advocating it to be the ideal replacement for tea and coffee as the latter has a few health complications. This article intends to look at the two strains of White veined Kratom to decide which one is superior among the two.

Why do people opt for White veined Kratom?

The part of the Kratom plant that is used for making the beverage and has a lot of uses is the leaves. There are different types of Kratom, mainly red, green, and white, based on the color of the vein that runs down the middle. Many people prefer white ones due to the following properties-

  • It infuses more energy than you than most other strains of Kratom available in the market.
  • Sexual stamina can be increased on the consumption of proper dosage.
  • The ability to deliver positively as work increases.
  • It is effective against people suffering from a chronic type of pain for a long period.
  • People suffering from depression and insomnia have benefitted from the white Kratom.

There are many types of White veined Kratom available. A detailed description has been given of the two most popular ones under it.

White Sumatra Kratom

The island of Sumatra, home to a population of 50 million, is where this indigenous species of Mitrogyna is grown and cultivated. The country has abundant forest covers, among which Kratom grows. The presence of high amounts of concentrated alkaloids in the leaves is the main reason behind its sedative and pain-relieving effects.

The main benefits of White Sumatra Kratom are-

When this strain is taken in high doses, it can sedate a person and put them to sleep. Thus, it is effective for insomniacs. Moreover, the sleep will not be a disturbed one, and you will feel energetic when you wake up.

If you are suffering from anxiety for some reason and feel that you cannot concentrate on one particular thing, this Kratom is the perfect remedy for you.

The effect produced by White Sumatra is stronger and more pronounced than the ones produced by other white strains of Kratom. Thus, it is recommended by the orthodox Kratom lovers.

The dosage of White Sumatra varies according to the type of benefit you want from it. Anywhere between 5 to 7 grams is enough for relaxation, while 10 grams of it can cause immediate relaxation. The white Sumatra is definitely your go-to product if you are looking for good potency.

White Thai Kratom

The White Thai Kratom is a type of Kratom that is mainly grown exclusively in Thailand. The alkaloid content in it is pretty considerable. The reason most people prefer the Thai variant is because it is the perfect blend of a number of utilities. It has more mood-elevating property than most other White Kratom. The alkaloids are mainly responsible for these superior properties.

The main benefits of White Thai Kratom are-

If you are not happy in life and are looking for a dose of euphoria to elevate your mood, the White Thai is the one you should consider among all the other options that you have.

If you feel drained before the day ends and your work efficiency reduces, White Thai Kratom can take care of the problem.

It can act as a perfect remedy for long-standing as well. You can finally get your long and undistressed hours of sleep.

The verdict

Picking out one superior strain is almost next to impossible. The Sumatra strain is ideal for energy and pain relief, while the Thai strain can be used to uplift mood. Make your choice based on your requirements and benefits.

PUMAs don’t forget to say you are voting for Barack Obama if polled…

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PUMAs,

If and when you get polled, remember to let the pollster know that not only do you intend to vote, but that you are strongly committed to voting for:
Barack Obama

It is extremely important we keep on doing this. Let Obama and his surrogates keep on being lulled into a false sense of security at having a lead in the national polls.

So far this strategy seems to be working, polls show Obama to be up…

Of course on election day, as PUMAs we all know that no way, no how, we shall not vote for Obama. We might write in Hillary’s name, we might vote for John McCain, heck we might even write in our own names, but to give our vote on Barack Obama is simply not something we shall do.

 

Awesome! Rahm Emanuel Got Paid $320,000 For Helping Freddie Mac Scam The US Treasury

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Freddie Mac had Rahm Emanuel as a board member during the period when it willfuly decided to scam the US treasury with false numbers in order to maximize executive compensation, and when it used company resources to further the political careers of friendly politicians, including Rahm Emanuel.

Today, Rahm Emanuel is the White House Chief of Staff. Hope and Change you can truly believe in if you are the sort of person who think a fox can truly guard the hen house.

Then again, maybe these guys need someone with Rahm Emanuel’s focus to help them get their act together…

The board met no more than six times a year. Unlike most fellow directors, Emanuel was not assigned to any of the board’s working committees, according to company proxy statements. Immediately upon joining the board, Emanuel and other new directors qualified for $380,000 in stock and options plus a $20,000 annual fee, records indicate.

On Emanuel’s watch, the board was told by executives of a plan to use accounting tricks to mislead shareholders about outsize profits the government-chartered firm was then reaping from risky investments. The goal was to push earnings onto the books in future years, ensuring that Freddie Mac would appear profitable on paper for years to come and helping maximize annual bonuses for company brass.

The accounting scandal wasn’t the only one that brewed during Emanuel’s tenure.

During his brief time on the board, the company hatched a plan to enhance its political muscle. That scheme, also reviewed by the board, led to a record $3.8 million fine from the Federal Election Commission for illegally using corporate resources to host fundraisers for politicians. Emanuel was the beneficiary of one of those parties after he left the board and ran in 2002 for a seat in Congress from the North Side of Chicago.

For your reading pleasure here’s the ChicagoTribune

Before its portfolio of bad loans helped trigger the current housing crisis, mortgage giant Freddie Mac was the focus of a major accounting scandal that led to a management shake-up, huge fines and scalding condemnation of passive directors by a top federal regulator.

One of those allegedly asleep-at-the-switch board members was Chicago’s Rahm Emanuel—now chief of staff to President Barack Obama—who made at least $320,000 for a 14-month stint at Freddie Mac that required little effort.

As gatekeeper to Obama, Emanuel now plays a critical role in addressing the nation’s mortgage woes and fulfilling the administration’s pledge to impose responsibility on the financial world.

Emanuel’s Freddie Mac involvement has been a prominent point on his political résumé, and his healthy payday from the firm has been no secret either. What is less known, however, is how little he apparently did for his money and how he benefited from the kind of cozy ties between Washington and Wall Street that have fueled the nation’s current economic mess.

Though just 49, Emanuel is a veteran Democratic strategist and fundraiser who served three terms in the U.S. House after helping elect Mayor Richard Daley and former President Bill Clinton. The Freddie Mac money was a small piece of the $16 million he made in a three-year interlude as an investment banker a decade ago.

In business as in politics, Emanuel has cultivated an aggressive, take-charge reputation that made him rich and propelled his rise to the front of the national stage. But buried deep in corporate and government documents on the Freddie Mac scandal is a little-known and very different story involving Emanuel.

He was named to the Freddie Mac board in February 2000 by Clinton, whom Emanuel had served as White House political director and vocal defender during the Whitewater and Monica Lewinsky scandals.

The board met no more than six times a year. Unlike most fellow directors, Emanuel was not assigned to any of the board’s working committees, according to company proxy statements. Immediately upon joining the board, Emanuel and other new directors qualified for $380,000 in stock and options plus a $20,000 annual fee, records indicate.

On Emanuel’s watch, the board was told by executives of a plan to use accounting tricks to mislead shareholders about outsize profits the government-chartered firm was then reaping from risky investments. The goal was to push earnings onto the books in future years, ensuring that Freddie Mac would appear profitable on paper for years to come and helping maximize annual bonuses for company brass.

The accounting scandal wasn’t the only one that brewed during Emanuel’s tenure.

During his brief time on the board, the company hatched a plan to enhance its political muscle. That scheme, also reviewed by the board, led to a record $3.8 million fine from the Federal Election Commission for illegally using corporate resources to host fundraisers for politicians. Emanuel was the beneficiary of one of those parties after he left the board and ran in 2002 for a seat in Congress from the North Side of Chicago.

The board was throttled for its acquiescence to the accounting manipulation in a 2003 report by Armando Falcon Jr., head of a federal oversight agency for Freddie Mac. The scandal forced Freddie Mac to restate $5 billion in earnings and pay $585 million in fines and legal settlements. It also foreshadowed even harder times at the firm.

Many of those same risky investment practices tied to the accounting scandal eventually brought the firm to the brink of insolvency and led to its seizure last year by the Bush administration, which pledged to inject up to $100 billion in new capital to keep the firm afloat. The Obama administration has doubled that commitment.

Freddie Mac reported recently that it lost $50 billion in 2008. It so far has tapped $14 billion of the government’s guarantee and said it soon will need an additional $30 billion to keep operating.

Like its larger government-chartered cousin Fannie Mae, Freddie Mac was created by Congress to promote home ownership, though both are private corporations with shares traded on the New York Stock Exchange. The two firms hold stakes in half the nation’s residential mortgages.

Because of Freddie Mac’s federal charter, the board in Emanuel’s day was a hybrid of directors elected by shareholders and those appointed by the president.

In his final year in office, Clinton tapped three close pals: Emanuel, Washington lobbyist and golfing partner James Free, and Harold Ickes, a former White House aide instrumental in securing the election of Hillary Clinton to the U.S. Senate. Free’s appointment was good for four months, and Ickes’ only three months.

Falcon, director of the Office of Federal Housing Enterprise Oversight, found that presidential appointees played no “meaningful role” in overseeing the company and recommended that their positions be eliminated.

John Coffee, a law professor and expert on corporate governance at Columbia University, said the financial crisis at Freddie Mac was years in the making and fueled by chronically weak oversight by the firm’s directors. The presence of presidential appointees on the board didn’t help, he added.

“You know there was a patronage system and these people were only going to serve a short time,” Coffee said. “That’s why [they] get the stock upfront.”

Financial disclosure statements that are required of U.S. House members show Emanuel made at least $320,000 from his time at Freddie Mac. Two years after leaving the firm, Emanuel reported an additional sale of Freddie Mac stock worth between $100,001 and $250,000. The document did not detail whether he profited from the sale.

Sarah Feinberg, a spokeswoman for Emanuel, said there was no conflict between his stint at Freddie Mac and Obama’s vow to restore confidence in financial institutions and the executives who run them. At the same time, Feinberg said Emanuel now agrees that presidential appointees to the Freddie Mac board “are unnecessary and don’t have long enough terms to make a difference.”

Former President George W. Bush voluntarily stopped making such appointments following Falcon’s assessment of their uselessness.

In an interview, Falcon said the Freddie Mac board did most of its work in committees. Yet proxy statements that detailed committee assignments showed none for Emanuel, Free or Ickes during the time they served in 2000 or 2001. Most other directors carried two committee assignments each.

Contrary to the proxy statements, Feinberg said she believed that Emanuel served on board committees that oversaw Freddie Mac’s investment strategies and mortgage purchase activities. But Feinberg acknowledged she had no official documents to back up that assertion.

The Obama administration rejected a Tribune request under the Freedom of Information Act to review Freddie Mac board minutes and correspondence during Emanuel’s time as a director. The documents, obtained by Falcon for his investigation, were “commercial information” exempt from disclosure, according to a lawyer for the Federal Housing Finance Agency.

Emanuel’s board term expired in May 2001, and soon after he launched his Democratic congressional bid.

One of Emanuel’s fellow directors at Freddie Mac was Neil Hartigan, the former Illinois attorney general. Hartigan said Emanuel’s primary contribution was explaining to others on the board how to play the levers of power.

He was respected on the board for his understanding of “the dynamics of the legislative process and the executive branch at senior levels,” Hartigan recalled. “I wouldn’t say he was outspoken. What he was, was solid.”

By the time Emanuel joined Freddie Mac, the company had begun to loosen lending standards and buy riskier sub-prime loans. It was a practice that later blew up and contributed to the current foreclosure crisis.

In his investigation, Falcon concluded that the board of directors on which Emanuel sat was so pliant that Freddie Mac’s managers easily were able to massage company ledgers. They manipulated bookkeeping to smooth out volatility, perpetuating Freddie Mac’s industry reputation as “Steady Freddie,” a reliable producer of earnings growth. Wall Street liked what it saw, Freddie Mac’s stock value soared and top executives collected their bonuses.

Another focus of Freddie during Emanuel’s day—and one that played to his skill set—was a stepped-up effort to combat congressional demands for more regulation.

During a September 2000 board meeting—midway through Emanuel’s 14-month term—Freddie Mac lobbyist R. Mitchell Delk laid out a strategy titled “Political Risk Management” aimed at influencing lawmakers and blunting pressure in Congress for more regulation. Through Delk’s initiative, Freddie Mac sponsored more than 80 fundraisers that raised at least $1.7 million for congressional candidates despite a federal law that bans corporations from direct political activity.

Emanuel spokeswoman Sarah Feinberg said Emanuel “can’t remember the meeting or topic” but might have been in attendance when Delk outlined his plans. Feinberg downplayed the significance of the fundraiser thrown for Emanuel, which brought in $7,000, stressing that it was but one of many hosted by Delk. The event stood out in at least one respect, however.

The Freddie Mac-linked events were mostly for Republicans, and only a handful benefited Democrats like Emanuel. “Rahm was a good friend of mine. He was on Freddie Mac’s board. He was very much supportive of housing,” said Delk, who resigned under pressure in 2004.

Then-Freddie Mac CEO Leland Brendsel also hosted a fundraising lunch for Emanuel’s 2002 campaign that netted $9,500 from top company executives. Brendsel was later ousted in the accounting scandal.

Federal campaign records show that Emanuel received $25,000 from donors with ties to Freddie Mac in the 2002 campaign cycle, more than twice the amount collected that election by any other candidate for the U.S. House or Senate.

Emanuel joined the House in January 2003 and was named to the Financial Services Committee, where he also sat on the subcommittee that directly oversaw Freddie Mac. A few months later, Freddie Mac Chief Executive Officer Leland Brendsel was forced out, and the committee and subcommittee launched hearings to sort out the mess, spanning more than a year. Emanuel skipped every hearing, congressional records indicate.

Feinberg said Emanuel recused himself “from deliberations related to Freddie Mac to avoid even the appearance of favoritism, impropriety or a conflict of interest.”