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IS IT TRUE? July 30, 2011

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IS IT TRUE? July 30, 2011

IS IT TRUE that our graphical publication of the visualization of the debt of the United States had a high level of appeal not only to our loyal local readership but to those that some would call “foreigners” to the Republic of Evansville as well?…that the City County Observer attained a #4 Google ranking for the term KLEPTOCRACY that appeared in the URL of the site that we linked you to for the graphics?…that the term kleptocracy is a term that artfully blends the words kleptomania and democracy?…that in this narrative it was used to send the message that the government of the United States that is widely believed to be a democracy has a problem with the compulsion to steal?…that we are disturbed but not surprised that there is much appeal to this term but are always pleased to have front page recognition on Google?…that it is not the first time?…that we are #2 on Google for the term SNEGAL?

IS IT TRUE that democracy basically means majority rule?…that most people think that the United States of America is a democracy?…that could not be further from the truth?…that the United States is a REPUBLIC which is a nation of laws?…that the majority follow the law to support the rights of the one?…that when a small privileged group makes all decisions without regard for the rule of law or the will of the people that this form of governance is called an OLIGARCHY?…that if a local government partners with a GOOD OLD BOY network to control all of the important decisions through finding loopholes in the law to circumvent the intention of the law in the first place is a SNEGAL OLIGARCHY?…that some days and even some months or years when appointed boards ignore elected leaders and treat them with disrespect that Evansville seems like a SNEGAL OLIGARCHY?

IS IT TRUE that the long anticipated euthanization of Integra Bank finally happened yesterday?…that rumors seem to have been popping up every week or so for nearly a year that the FDIC was going to step in and perform the procedure?…that branch after branch and division after division have been divested of over the last couple of years to raise cash to hopefully save Integra but in the end the push to expand into markets that were not fully mastered took the Evansville legacy business to its knees?…that in a carefully worded press release that was long on asset assumption and short on references to stock that the assets and accounts of Integra will be making the two block move to Old National Bank?…that on first blush it seems good that the accounts will stay local?…that losing a big player in a decreasingly competitive market may not be the best long term solution for banking in Evansville?…that we are pleased that the deposits are safe and that they will be staying home?…that now if we can just get the local deposits managed into local loans that we shall all see the fruits of Dr. Kervorkian’s passion applied in the corporate world?

IS IT TRUE that driving from the San Jose airport to Stanford University, a 15 mile drive that one passes the world headquarters of Intel, Cisco Systems, Applied Materials, Google and hundreds of other technology leaders?…miles south in Cupertino is Apple and 10 miles north is Genentech?…that two miles west on Sand Hill Road is the largest cult of Venture Capital on the planet earth?…that it is 7:37 on a Saturday morning and already today more Venture Capital has been committed to new businesses that has been invested in Evansville, Indiana since it became a city?…that is why Intel, Google, et al are located in the San Jose area and not in the Midwest?…that having a world class research university does not hurt things either?

IS IT TRUE that the Silicon Valley is full of educated immigrants (some who came on EB-5 money), young professionals, and successful semi-retired 40+ aged people?…that the vitality level and the interest in business brings back old memories?…that there were at least 5 languages being spoken in last night’s restaurant?…that the topic was not youth sports, traffic jams on the Lloyd, or the church picnic?…that the topic is nearly always ideas, dreams, and business?…that most people and societies seem to get what they focus on?

IS IT TRUE that as much as Integra needed to be euthanized that Evansville needs to be YOUTHANIZED?…that Karen gets copyright dibs on the word YOUTHANIZE?

We are a Republic with Rule of Law: Here is Why

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The Myth of Democracy is an Unsustainable form of Governance

Integra Bank Closed by FDIC

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http://www.fdic.gov/bank/individual/failed/integra.html Visit this URL to view the full FDIC Failed Bank Information regarding Integra Bank.

The following press release was published on the FDIC website 15 minutes ago:

FOR IMMEDIATE RELEASE
July 29, 2011

Integra Bank, National Association, Evansville, Indiana, was closed today by the Office of the Comptroller of the Currency, which appointed the Federal Deposit Insurance Corporation (FDIC) as receiver. To protect the depositors, the FDIC entered into a purchase and assumption agreement with Old National Bank, Evansville, Indiana, to assume all of the deposits of Integra Bank, National Association.

The 52 branches of Integra Bank, National Association will reopen during their normal business hours beginning Saturday as branches of Old National Bank. Depositors of Integra Bank, National Association will automatically become depositors of Old National Bank. Deposits will continue to be insured by the FDIC, so there is no need for customers to change their banking relationship in order to retain their deposit insurance coverage up to applicable limits. Customers of Integra Bank, National Association should continue to use their existing branch until they receive notice from Old National Bank that it has completed systems changes to allow other Old National Bank branches to process their accounts as well.

This evening and over the weekend, depositors of Integra Bank, National Association can access their money by writing checks or using ATM or debit cards. Checks drawn on the bank will continue to be processed. Loan customers should continue to make their payments as usual.

As of March 31, 2011, Integra Bank, National Association had approximately $2.2 billion in total assets and $1.9 billion in total deposits. Old National Bank will pay the FDIC a premium of 1.0 percent to assume all of the deposits of Integra Bank, National Association. In addition to assuming all of the deposits of the failed bank, Old National Bank agreed to purchase essentially all of the assets.

The FDIC and Old National Bank entered into a loss-share transaction on $1.2 billion of Integra Bank, National Association’s assets. Old National Bank will share in the losses on the asset pools covered under the loss-share agreement. The loss-share transaction is projected to maximize returns on the assets covered by keeping them in the private sector. The transaction also is expected to minimize disruptions for loan customers. For more information on loss share, please visit: http://www.fdic.gov/bank/individual/failed/lossshare/index.html.

Customers with questions about today’s transaction should call the FDIC toll-free at 1-800-830-6698. The phone number will be operational this evening until 9:00 p.m., Eastern Daylight Time (EDT); on Saturday from 9:00 a.m. to 6:00 p.m., EDT; on Sunday from noon to 6:00 p.m., EDT; and thereafter from 8:00 a.m. to 8:00 p.m., EDT. Interested parties also can visit the FDIC’s Web site at http://www.fdic.gov/bank/individual/failed/integra.html.

The FDIC estimates that the cost to the Deposit Insurance Fund (DIF) will be $170.7 million. Compared to other alternatives, Old National Bank’s acquisition was the least costly resolution for the FDIC’s DIF. Integra Bank, National Association is the 61st FDIC-insured institution to fail in the nation this year, and the first in Indiana. The last FDIC-insured institution closed in the state was Irwin Union Bank and Trust Company, Columbus, on September 18, 2009.

# # #

Congress created the Federal Deposit Insurance Corporation in 1933 to restore public confidence in the nation’s banking system. The FDIC insures deposits at the nation’s 7,575 banks and savings associations and it promotes the safety and soundness of these institutions by identifying, monitoring and addressing risks to which they are exposed. The FDIC receives no federal tax dollars – insured financial institutions fund its operations.

FDIC press releases and other information are available on the Internet at www.fdic.gov, by subscription electronically (go to www.fdic.gov/about/subscriptions/index.html) and may also be obtained through the FDIC’s Public Information Center (877-275-3342 or 703-562-2200). PR-128-2011

We will update this story as more information is received.

A Visualization of US Debt

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What would it look like if we stacked up our entire US Debt and all unfunded liabilities with physical currency?
A website called http://usdebt.kleptocracy.us/ has helped model that image for us.

Read the full article at Source: http://usdebt.kleptocracy.us/

FUNNY FRIDAY: “Admirable young man gives baseball to 6-year old”

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This clip is more of a “feel good” Friday. Enjoy!

New Health Department eResource Guide

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The Vanderburgh County Health Department (VCHD) is pleased to announce the availability of their popular Resource Guide in electronic (e) format.

The VCHD eResource Guide functions as the local phone book’s yellow pages did years ago as the “go to” resource for contact information for desired services, in this case public health related service agencies. It includes telephone numbers, addresses and other information by service provided. The Table of Contents lists each service category alphabetically and agencies are listed alphabetically in each service category.

Production of the Resource Guide started some twenty (20) years ago by the receptionist for the VCHD Public Health Outreach Nurses. The simple, single page guide included a list of telephone numbers to referral and partner agencies commonly requested by individuals visiting the health department. Over time, the list grew and became the VCHD Resource Guide. The Resource Guide is continuously updated, and has been printed numerous times since 1998.

The electronic eResource Guide looks much like the “paper hard copy version”, and includes a hyperlinked table of contents, and clickable links to the websites of the listed agencies. Almost all agencies listed in the eResource Guide have established websites with detailed information about their agency: such as; service(s), location(s), eligibility requirement(s), cost(s) – if any, etc. The Resource Guide is in portable document format (.pdf that can be opened in Adobe Reader), and is attached to this e-mail media release.

Gary Heck, VCHD Administrator says of the eResource Guide: “This is another way the Vanderburgh County Health Department adapts to changing times and tools to provide an essential community service. When individuals and families seek services other than the services currently provided by the Health Department, then our Resource Guide is available to serve as a guide to other community resources. When you have a good, useful resource in paper format (free of charge) and you continue to provide that service, but at the same time provide (24/7/365) availability; and update content continuously; and you provide the ability not only to keep a copy yourself but shared it with the world – repeated and it remains free of charge – then the good, use resource becomes – a tremendously improved resource. A valuable community service (paper version) becomes an extremely valuable community service (both paper and electronic version).” A limited number of hard copies will continue to be available by request to individuals without internet access. Follow the link on the VCHD home page at www.vanderburghgov.org/health to the electronic eResource Guide

Water & Sewer Executive Session

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Notice is hereby given by the Water and Sewer Utility Board of the City of Evansville Indiana, that an Executive Session will be held on Tuesday, August 2, 2011, beginning at 12:45p.m. in the Conference Room of the Water & Sewer Utility, Room 100, Civic Center Complex, Evansville, Indiana 47708

THE PURPOSE OF THIS EXECUTIVE SESSION IS:
DISCUSSION OF
PERSONNEL AND
LITIGATION ISSUES

EVSC Gearing Up For Start of School

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With one Evansville Vanderburgh School Corporation school already in session and three more to start before the end of next week, Superintendent David Smith expressed a desire to have all students in school, on time, the first day of school.

“It may seem like a day or two doesn’t matter, but for students to truly succeed – even the minutes matter because they add up to entire days or weeks of lessons missed or work not learned,” Smith said during a news conference on July 28.

In an effort to help families think about school at this time, the EVSC has begun a mini campaign putting up bus transportation billboards and enrollment information on bus benches throughout the city, to remind families how and when to enroll and where to get bus information.

By early next week, each family that has enrolled will have received a Connect-ED phone call with bus number and bus stop information; as well as a postcard with the information. Postcards will be mailed Friday and a Connect-ED message, personalized for each student – will be sent out to all parents on next week.

Enrollment begins in most schools on Friday, as well. In addition to the regular daytime hours, special evening hours have been set to allow families flexibility in enrolling before the first day of school.
Enrollment times for Elementary and Middle School/K-8 School are as follows:

Daytime Enrollment Hours
July 29: 8-11 a.m. and 1-3 p.m.
Aug. 2: 8-11 a.m. and 1-3 p.m.
Aug. 3: 8-11 a.m. and 1-3 p.m.
Aug. 5: 8-11 a.m. and 1-3 p.m.
Aug. 9: 8-11 a.m. and 1-3 p.m.

Evening Enrollment Hours
Aug. 1: 11:30 a.m.-2:30 p.m. and 4-7 p.m.
Aug. 4: 11:30-2:30 and 4-7 p.m.

High School Enrollment
August 1-10: Call school to arrange appointment to enroll.

A new addition to the EVSC web services for parents is a new interface with Parent Access. In past years, families of students in grades 3-12 could go on EdEase Parent Access to monitor grades, assignments, absences and discipline. Now, all families will have the opportunity to update their emergency contact information on the Parent Access tab of EdEase, at any time day or night, and even on their Smart phone.

Custodial parents will receive a mailing before school starts with an access code. Families will go to the EdEase website at http://rdsteach.evsc.k12.in.us/rdsparentaccess/ and may update their contact information by clicking on their student’s name.

“This is such a helpful tool and will save families from having to fill out contact information forms year after year,” Smith said. “It also will help us contact families in the event of an emergency or school closing; or to share news about events happening at their school. Through this system, the EVSC has the ability to always have the most up-to-date contact information, to better serve our families.”

EVSC School Start Dates

-Most EVSC Schools: August 10
-Lincoln School: July 20
-McGary Middle School: August 1
-Delaware K-6 School: August 4
-Evans K-6 School: August 4
-Glenwood Leadership Academy K-8: August 8

For bus information, families may call 435-1BUS or email evsc.bus@evsc.k12.in.us

Downtown Today: 7/29/2011

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Time 3:00 PM – 4:30 PM
Subject DMD
Location 318
Reminder 15 minutes
LAURA @ 7806
Categories ROOM 318