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Hundreds of people gathered in downtown Fairbanks on June 21 to get a look at the airplane on the top deck. | Hundreds of people gathered in downtown Fairbanks on June 21 to get a look at the airplane on the top deck. | ||
Read more about Alaska's first flight:</html> | Read more about Alaska's first flight:</html> | ||
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| + | == Senators should use common sense, not consultants == | ||
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| + | <html>In our current financial state, additional feasibility studies are not a valid path to economic solutions. | ||
| + | The V.I. Government is infamous for contract overruns, even with feasibility studies. Current feasibility studies are probably updates of former studies, prepared over the last 30 years. There are fewer than 200 square miles to "study" on the three main U.S. Virgin Islands. | ||
| + | Are the studies in storage or gone with destroyed structures from Hurricanes Hugo (1989) and Marilyn (1995)? Certain departmental heads are intelligent enough to update obsolete reports, if we still have them. | ||
| + | General Buddhoe, Queen Mary,[http://hebammenwiki.de/index.php?title=Benutzer:Taylor026#So.2C_you_want_to_play_for_the_Dynamo_.E2.80.A6_open_tryouts_com So, you want to play for the Dynamo … open tryouts com], D. Hamilton Jackson,[http://www.jerseys-hearts.com/Nike-Giants-80-Cruz-Blue&White-Split-Elite-Jerseys-24581/ Nike Giants 80 Cruz Blue&White Split Elite Jerseys], and Martin Luther King - immigrants into the Virgin Islands and the United States of America's founding fathers did not have feasibility studies. Slaves were emancipated by revolting. The St. Croix Labor Union succeeded as a business entity. The civil rights movement succeeded in liberation for blacks. The USA was created through will and determination by "freedom-seeking" former English subjects. | ||
| + | Some decisions must be based on knowledge gained by personal research, historical understanding and heart-felt faith in order to save money. | ||
| + | How many times have we thought out economy would not get worse, and it did? Our community voices have suggested solutions to many economic problems over the years. We know the solutions - it seems no one wants to enact them. | ||
| + | It is not economically sound to rent privately owned office spaces for government use or to let buildings deteriorate to the point they make employees sick and are condemned. We have former housing project buildings sitting abandoned and unused. | ||
| + | But all of this is "free" money: personal health law suits; hundreds of thousands of dollars in income for consultants driving around in air conditioned SUVs and typing reports in air conditioned offices; exorbitant rent income for political supporters; money for constructing new capital projects over budget - and on and on. | ||
| + | When will V.I. senators stop worrying about who will or will not be happy with their decisions and do what is best for the Virgin Islands' community? Like marriages, communities are rarely 100 percent in agreement, but as concerned citizens we must insist that our senators be committed to community enhancement and growth. We must keep printing and voicing our solutions until they are achieved. Those who don't like the majority decisions will leave. | ||
| + | When high-level administrators and senators bring their salaries in line with what tax revenues can bear,[http://www.jerseys-hearts.com/Nike-Cowboys-24-Claiborne-Lights-Out-Grey-Elite-Jerseys-30202/ Nike Cowboys 24 Claiborne Lights Out Grey Elite Jerseys], I will know they care. | ||
| + | When they change our political structure to allow everyone to benefit by political activity, I will know they care. | ||
| + | We have to pray for the Virgin Islands, non-incorporated territory of the United States. Independently, St. Thomas and St. John may appear to be well, but if St. Croix crumbles (ie,[http://rover.ebay.com/rover/1/711-53200-19255-0/1?campid=5336182395&customid=pubster&toolid=10013&mpre=http%3A//cgi.ebay.com/ebaymotors/4x-24CM-PVC-LED-CAR-TRUCK-FLEXIBLE-NEON-LIGHT-STRIP-RED-/320609712722 Search engine marketing means having the preferred], if HOVENSA tax payments continue to decrease or if rum revenue decreases), supporting it will be more than the tourist revenue from the other two islands can bear. | ||
| + | Our economy is out of balance. Only financial sacrifice by everyone, plus an influx of a variety of mid-size export-based businesses can bring it back; not floating more bonds. Hopefully,[http://www.alicom.com.br/wikicom/index.php/Usu%C3%A1rio:Nomore702#Jets.27_Burmistrov_leaves_for_Russia Jets' Burmistrov leaves for Russia], we have learned not to depend on one large private business for our future needs. | ||
| + | Many of us who love our islands are making the sacrifice - but not all of us. | ||
| + | - LeVelle T. Henry, St. Croix</html> | ||
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| + | == Explanation of Preferred Stocks 0 == | ||
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| + | <html>Preferred stocks, also called preferred shares, are a type of investment security that has higher priority to common stock on asset claims of a company but lesser than bonds. Preferred stocks typically do not carry any voting rights attach. However, the appeal for investors are the preferred that are paid to shareholders and,[http://nyc168.com/forum.php?mod=viewthread&tid=8713949 Clothing makers adjust sizes upward for affluent, hefty Indians],[http://www.jerseys-hearts.com/Patriots-75-Wilfork-2012-Super-Bowl-white-Jerseys-4238/ Patriots 75 Wilfork 2012 Super Bowl white Jerseys],[http://www.btser.com/forum/forum.php?mod=viewthread&tid=93553&fromuid=6505 Funny Ticker Symbols Revisited- Performance Over the Last Month], usually, the right to convert preferred shares into common stock. | ||
| + | Advantages of Preferreds | ||
| + | Preferred stocks receive preference when a company pays dividends | ||
| + | of preferred stocks also receive preference in a company's assets in the event a liquidation sale | ||
| + | Preferred shares do not carry voting rights,[http://laudoimagem.com.br/wiki/index.php?title=Usu%C3%A1rio:Qwerty770 Senate finds cash to restore 8 percent 0], though usually can be converted into common stock | ||
| + | Investors can enjoy a hybrid investment instrument that combines features of stocks and bonds | ||
| + | Generally speaking, the main appeal of holding preferred stock for investors is the stock's dividend payout. Dividends of preferred shares may accumulate cumulatively or may be paid out to the investor within a specific time frame such as yearly, monthly, or quarterly. Any dividends not claimed on a preferred stock by the investor at the time that they are paid out are lost. The type of preferred share that pays out dividends within a specific time frame is usually known as a non-cumulative or straight preferred stock. | ||
| + | Investing in Preferred Shares | ||
| + | Investors need to understand that there are pros and cons to holding preferred stock, like any investment. The value of preferred shares may have a fixed value that they can be sold for which is called a par value or a liquidation value. This usually is the amount of money that was given to a company at the time when the preferred shares were first purchased. In addition, preferred stock usually has dividends of an amount that is negotiated and fixed and this is usually stated as a certain percentage of the stock's initial value. Preferred shares may have special voting rights in certain extraordinary situations,[http://www.jerseys-hearts.com/Chargers-14-Fouts-light-blue-Jerseys-5370/ Chargers 14 Fouts light blue Jerseys], such as in the election of new directors or when a company decides issue new shares or when the company acquires ownership of another company.</html> | ||
