Somerville Youth Softball Winter Clinic

By Bob Schofield
Somerville Youth Softball Organization, President

As the 2013 spring season begins to ramp up, SYSO has planned a Winter Softball Clinic. The clinic will be held from January 11 through March 22, Friday evenings from 7 ? 9 p.m. at the Edgerly Education Center at 8 Bonair Street.

The City of Somerville and Somerville Recreation Commission have equipped the Edgerly gymnasium with state of art batting/pitching cages through On Deck Sports.

Players will train in an environment similar to those found in professional facilities outside of Somerville. We are very excited about having been given use of the equipment for our players.

Join Somerville Youth Softball and Somerville Recreation for 10 sessions of instruction in hitting, pitching and fielding at all skill levels. Players will experience 2 fun hours of learning from outstanding coaches and players from around the area to help them develop the skills to be great softball players.

Advanced registration is required. The clinic fee is $45 per player, plus a $4.29 online processing fee. Credit and Debit card is accepted on www.somervillesoftball.com.

Please take the time to register players early to help us get the spring 2013 Softball Season off on the right foot.

Source: http://www.thesomervillenews.com/archives/33708

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US household debt burden hits 29-year low

9 hrs.

Reuters

WASHINGTON --?A measure of the burden of U.S. household debt tumbled in the third quarter to its lowest level in 29 years, which should help free up money for consumer spending and support the economy.

The household debt service ratio -- an estimate of the share of debt payments to disposable personal income -- fell to 10.61 percent from 10.72 percent in the second quarter, the Federal Reserve said on Thursday.

It was the lowest level since the fourth quarter of 1983.

"Consumers have more money in their pockets to spend, which should be positive for the economic recovery going forward," said Gennadiy Goldberg, an economist at TD Securities in New York.

U.S. households built up a massive debt load as the housing bubble expanded and efforts to pay down those debts have been a restraint on spending and the economy's recovery.

The debt service ratio, which takes into account outstanding mortgage and consumer debt, peaked in the third quarter of 2007, shortly before the economy tipped into recession.

The Fed has sought to help consumers dig out by keeping interest rates near record lows. It has held overnight rates near zero since December 2008 and has bought around $2.4 trillion in bonds to further lower borrowing costs.

Even though households are now in better shape, analysts caution that consumer spending could stall if Congress fails to prevent higher taxes from taking hold next year.

An even broader measure of financial obligations that includes automobile lease payments and the cost of renting a home also fell in the third quarter, dropping to 15.74 percent of disposable income -- the lowest level since the first quarter of 1984.

That drop reflected an easier burden for homeowners as mortgage debt payments dropped to 8.90 percent of disposable income in the third quarter, the lowest in 11 years.

Both the overall homeowners measure and separate mortgage gauge peaked in the third quarter of 2007.

"You have a lot of people refinancing their mortgages at lower rates," Goldberg said.

In contrast, the relative cost of rent rose to its highest level since the first quarter of 2010.

The weak housing market has led Americans away from home ownership and toward renting, pushing up rents. At the same time, a modest economic recovery has encouraged some people who had moved in with family and friends to seek their own lodgings, further strengthening the rental market.

While a lightening of household debt burden puts the recovery on firmer ground, it also highlights a hesitance to take on new debt, which could be an obstacle to spending.

"We all (would) like to see better growth in credit, banks being more willing to make more loans to consumers, demand for loans rising," said Omair Sharif, an economist at RBS in Stamford, Connecticut.

"That would push the ratio higher, but that's not necessarily a such a bad thing, especially if rates are so low and you are able to service that debt."

Source: http://www.nbcnews.com/business/us-household-debt-burden-hits-29-year-low-1C7753188

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Jefferson Parish Sheriff's Office West Bank crime report, Dec. 26 ...

This information reflects initial calls for service reported by the Jefferson Parish Sheriff's Office for the west bank of Jefferson Parish. Locations are approximate due to automated location methods and address inconsistencies, the Sheriff's Office says. Burglar alarm calls are excluded.

6300 block of Acre Road - Dec. 26, 12:30 p.m., suspicious person.
Acre Road and Ames Boulevard - Dec. 26, 12:40 a.m., suspicious person.
2200 block of Alex Kornman Boulevard - Dec. 26, 3:04 p.m., battery.
1300 block of Allo Avenue - Dec. 26, 8:04 p.m., theft.
5400 block of Alpaca Drive - Dec. 26, 9:23 p.m., suspicious person.
Ames Boulevard and Barataria Boulevard - Dec. 26, 9:24 a.m., suspicious person.
5900 block of Anderson Place - Dec. 26, 8:47 p.m., suspicious person.
Barataria Boulevard and Hillcrest Drive - Dec. 26, 9:36 p.m., suspicious person.
700 block of Behrman Highway - Dec. 26, 11:59 p.m., battery.
2800 block of Belle Chasse Highway - Dec. 26, 10:49 a.m., theft.
Belle Chasse Highway and Wall Boulevard - Dec. 26, 2:21 a.m., suspicious person.
800 block of Blk Behrman Highway - Dec. 26, 2:50 a.m., battery.
1000 block of Blk Manhattan Boulevard - Dec. 26, 9:32 p.m., suspicious person.
3900 block of Briant Drive - Dec. 26, 8:39 p.m., vehicle burglary.
2100 block of Browning Lane - Dec. 26, 12:35 a.m., criminal damage.
700 block of Carrollwood Village Drive - Dec. 26, 5:42 p.m., vehicle wreck.
Dandelion Drive and Jasmine Lane - Dec. 26, 11:47 p.m., suspicious person.
2900 block of Destrehan Avenue - Dec. 26, 2:34 a.m., battery.
Destrehan Avenue and Westbank Exp - Dec. 26, 7:03 a.m., vehicle wreck.
1400 block of Dogwood Drive - Dec. 26, 5:57 p.m., suspicious person.
5100 block of Dueling Oaks Avenue - Dec. 26, 7:43 a.m., vehicle burglary.
700 block of Fairfield Avenue - Dec. 26, 4:21 p.m., suspicious person.
Farmington Place and Daniels Road - Dec. 26, 7:23 a.m., suspicious person.
1600 block of Gary Court - Dec. 26, 4:48 p.m., disturbing the peace.
5100 block of George Street - Dec. 26, 6:01 a.m., criminal damage.
100 block of Hamilton Road - Dec. 26, 11:21 a.m., battery.
1800 block of Hector Avenue - Dec. 26, 6:06 a.m., disturbing the peace.
1500 block of Kenneth Street - Dec. 26, 10:58 p.m., battery.
1100 block of King Drive - Dec. 26, 6:59 p.m., residence burglary.
3600 block of Lapalco Boulevard - Dec. 26, 1:42 p.m., suspicious person.
4800 block of Lapalco Boulevard - Dec. 26, 12:29 p.m., theft.
6200 block of Lapalco Boulevard - Dec. 26, 3:57 p.m., suspicious person.
2500 block of Long Branch Drive - Dec. 26, 6:02 a.m., vehicle burglary.
1100 block of Mac Arthur Avenue - Dec. 26, 2:11 p.m., burglary.
1100 block of Mac Arthur Avenue - Dec. 26, 3:35 p.m., theft.
1100 block of Mac Arthur Avenue - Dec. 26, 3:35 p.m., theft.
1100 block of Manhattan Boulevard - Dec. 26, 1:55 p.m., assault.
1700 block of Manhattan Boulevard - Dec. 26, 12:12 p.m., theft.
500 block of Manhattan Boulevard - Dec. 26, 9:13 p.m., burglary.
900 block of Manhattan Boulevard - Dec. 26, 10:32 a.m., suspicious person.
900 block of Manhattan Boulevard - Dec. 26, 3:29 p.m., vehicle wreck.
Maple Avenue and 8th Street - Dec. 26, 3:35 p.m., suspicious person.
400 block of Meyers Boulevard - Dec. 26, 11:03 p.m., suspicious person.
Mt Kennedy Drive and Ames Boulevard - Dec. 26, 9:24 a.m., battery.
5000 block of Oak Bayou Avenue - Dec. 26, 8:44 a.m., vehicle burglary.
2200 block of Peters Road - Dec. 26, 8:38 a.m., auto theft.
2200 block of Peters Road - Dec. 26, 9:11 a.m., auto theft.
2200 block of Peters Road - Dec. 26, 9:11 a.m., auto theft.
40 Primrose Lane - Dec. 26, 2:56 p.m., residence burglary.
1400 block of Redwood Drive - Dec. 26, 2:39 p.m., vehicle wreck.
River Road and Acadia Drive - Dec. 26, 8:18 p.m., suspicious person.
River Road and Live Oak Manor Drive - Dec. 26, 8:31 p.m., suspicious person.
400 block of Robinson Avenue - Dec. 26, 10:34 p.m., disturbing the peace.
500 block of Robinson Avenue - Dec. 26, 9:22 p.m., disturbing the peace.
Sandalwood Drive and Ute Drive - Dec. 26, 4:10 p.m., suspicious person.
Stumpf Boulevard and Whitney Avenue - Dec. 26, 10:28 p.m., vehicle wreck.
1100 block of Tensas Drive - Dec. 26, 1:05 a.m., disturbing the peace.
100 block of Terry Parkway - Dec. 26, 12:33 p.m., suspicious person.
100 block of Terry Parkway - Dec. 26, 1:01 p.m., suspicious person.
500 block of Terry Parkway - Dec. 26, 6:47 a.m., suspicious person.
700 block of Terry Parkway - Dec. 26, 1:18 p.m., theft.
Terry Parkway and Wright Avenue - Dec. 26, 3:05 a.m., vehicle wreck.
100 block of South Tish Drive - Dec. 26, 9:39 a.m., criminal damage.
5100 block of Towering Oaks Avenue - Dec. 26, 8:09 a.m., vehicle burglary.
5100 block of Towering Oaks Avenue - Dec. 26, 8:51 a.m., vehicle burglary.
2900 block of U South 90 Highway - Dec. 26, 7:36 p.m., vehicle burglary.
2300 block of Victoria Avenue - Dec. 26, 5:39 p.m., residence burglary.
100 block of Westbank Exp - Dec. 26, 12:15 a.m., vehicle wreck.
3700 block of Westbank Exp - Dec. 26, 11:41 p.m., battery.
4800 block of Westbank Exp - Dec. 26, 12:18 p.m., theft.
4800 block of Westbank Exp - Dec. 26, 12:44 p.m., theft.
5200 block of Westbank Exp - Dec. 26, 4:03 p.m., drug law violation.
Westbank Exp and Manhattan Boulevard - Dec. 26, 5:58 p.m., disturbing the peace.
900 block of Westwood Drive - Dec. 26, 6:03 p.m., disturbing the peace.
200 block of Whitney Avenue - Dec. 26, 6:54 p.m., disturbing the peace.
Woodmere Boulevard and Birchfield Drive - Dec. 26, 12:03 a.m., disturbing the peace.
Woodmere Boulevard and Lapalco Boulevard - Dec. 26, 7:04 p.m., suspicious person.

Source: http://www.nola.com/crime/index.ssf/2012/12/jefferson_parish_sheriffs_offi_1231.html

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Christmas Swing: Caravan Palace - Rock It for Me (Little green footballs)

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Texas Rep. Hall to be oldest US House member ever (The Arizona Republic)

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Source: http://www.welcometocoastcity.org/web-hosting-supplier-that-gives-domain-hosting-php-hosting-low-cost-internet-hosting-e-commerce-web-hosting.php

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Robin Hood's Sandy efforts: A holiday story - The Term Sheet ...

By Andy Serwer, managing editor

The Robin Hood Foundation's David Saltzman

FORTUNE -- The evidence that people all over the world love New York City is the 50 million visitors who come here each year. But maybe a truer and deeper measure of affection are the countless individuals from around the globe who have stepped up this holiday season to help the city and the surrounding areas recover from the devastation brought on by Hurricane Sandy.

Though millions of individuals and companies (including Fortune) have volunteered and donated time, money and material in many forms and to myriad organizations, New York City's Robin Hood Foundation both spearheaded the effort in many ways and serves as reliable proxy for what has been done. In short: the numbers have been equally impressive and heart-warming. And more money and help continues to pour in.

Robin Hood has already distributed $17.6 million to scores of organizations on the front lines?with tens of millions of dollars more standing at the ready, much of it raised at its blockbuster 12/12/12 Concert for Sandy Relief benefit. In large part because of the concert, which was broadcast to more than 2 billion households worldwide, $50 million in donations have come in from all fifty states, the District of Columbia, and all major U.S. territories and protectorates including Guam and Puerto Rico, as well as from 85 countries around the world.

MORE:?After?Sandy, a Seaport caf? fights to rebuild

"The whole world has created a global community of caring," says Robin Hood executive director David Saltzman. Just this past week Robin Hood received 2,000 checks versus a typical week of less than 100. But the need is still great, says Saltzman, who notes that some 600,000 homes were badly damaged or destroyed. Ditto 500,000 businesses. "At first it was food, blankets and medicine. Now it's rebuilding," he says. (Note: 100 cents of every dollar given to Robin Hood goes directly to charitable organizations that are monitored for effectiveness. See Fortune's 2006 story The legend of Robin Hood).

Soon after the storm hit, Robin Hood set up a relief committee which includes board chair Lee Ainslie, Managing Partner of Maverick Capital, board member Victoria Bjorklund, partner at Simpson Thatcher, as well as former board member Dirk Ziff, along with Peter Kiernan of Kiernan Ventures and Peter Borish, CEO of Computer Trading Corp. The committee quickly tapped into its deep network of Fortune 500 companies and executives to create a list of corporate partners for the 12/12/12/ concert that reads like a Who's Who of business. From presenting partner Chase, to GE, Blackrock, State Farm, Delta, Pepsi, Time Warner Cable and NRG, to foreign companies like Hyundai, Samsung and Nestle subsidiary Poland Spring, to digital partners; Foursquare, Google, Facebook, PayPal, Shazam and Twitter, to event organizers Madison Square Garden, Clear Channel and the Weinstein Company. Indeed, the number of businesses helping out was exceeded only by the roster of pro bono rockers which included The Rolling Stones, Bruce Springsteen, Paul McCartney, Eric Clapton, Alicia Keys, The Who, Kanye West and on and on. (The concert is available at iTunes. Proceeds go to Robin Hood.)

MORE:?How Facebook and Twitter changed disaster relief

The effect of Sandy was so huge it has caused Robin Hood to alter its mandate, if only temporarily. Until now Robin Hood has stuck strictly to its mission of fighting poverty and helping those in need in New York City. But in this case, "we decided to work in hard hit areas in New Jersey, Long Island and Westchester," says Saltzman. "The hurricane didn't respect boundaries drawn by human beings."? Millions in the New York City area, and indeed around the world are taking joy in that decision and indeed in Robin Hood's efforts overall.

Happy Holidays!

Source: http://finance.fortune.cnn.com/2012/12/24/robin-hood-sandy/

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