Siem Reap,Cambodia by Vicheka Sara Pathoumthong
RHS senior Emilie Louizides wins Varian Fry humanitarian award
FRIDAY, JUNE 22, 2012
BY LAURA HERZOG
THE RIDGEWOOD NEWS
Today, nearly 200 Cambodian children, who might otherwise be begging on the street or searching for food in dumps, are getting an education. And that’s partly because of Ridgewood High School (RHS) senior Emilie Louizides.
Emilie receives a hug from her friend, Roat, at the Ridgewood Village School in Cambodia.
As a former co-president of the Cambodia Rural School Project at Benjamin Franklin (BF) Middle School and one of the leaders of the RHS Cambodia Club, Louizides helped build a school in a rural Cambodian village.
The “Ridgewood Village School,” which was completed in 2009, now serves more than 180 children in a country still recovering from a genocide that took place in the 1970s.
file photo Boyd Loving Route 17
Portion of Route 17 in Lodi to close for weekend for railroad grade crossing repaving work
the staff of the Ridgewood blog
Ridgewood NJ, A section of Route 17 South below Interstate 80 and Essex street will be closed Friday night June 22 in Lodi through Monday morning to accommodate a railroad crossing rehabilitation project. The work involves repairs to a New York Susquehanna & Western railroad grade crossing in Lodi. The existing crossing will be replaced with a concrete freight rail crossing and the area will be repaved.
The track work should create significant traffic delays for motorist.
Route 17 south will be closed to traffic at the railroad crossing below Route 80 from 8 p.m. on Friday until around 5 a.m. Monday..Motorists heading south on Route 17 will be directed to take Essex Street westbound to Route 80 eastbound., then to Route 17 southbound.
NJ Transit also reports that bus customers on Essex Street, Market Street, Summit Avenue and Polifly Road should plan for delays during the project, according to the state Department of Transportation.
Next week, from 8 p.m. on June 29, through 5 a.m. on July 2, Route 17 north will be closed at the railroad crossing below Route 80.
Route 17 North motorists will be directed to take Route 80 westbound to Exit 63 (Lodi/Fair Lawn), to Essex Street eastbound, to Route 17 northbound. Motorists will have access to local businesses on both sides of the rail line, according to the NJDOT.
Moody’s Downgrades 15 Major Banks
By Dakin Campbell and Michael J. Moore – Jun 21, 2012 10:51 PM ET
Credit Suisse Group AG (CSGN)’s credit rating was cut three levels and Morgan Stanley (MS)’s was reduced by two as Moody’s Investors Service downgraded 15 banks in moves that may shake up competition among Wall Street’s biggest firms.
Credit Suisse was cut to A2, the same as JPMorgan Chase & Co. (JPM) and BNP Paribas SA (BNP), as Moody’s completed a review of global banks with capital-markets operations it announced in February. Morgan Stanley and Zurich-based UBS AG (UBSN), the other firms singled out for three-level reductions, were lowered two steps instead, the ratings firm said yesterday in a statement.
Negotiations between Ridgewood teachers and Board of Education remain private
THURSDAY JUNE 21, 2012, 3:22 PM
BY LAURA HERZOG
THE RIDGEWOOD NEWS
While some members of the community have expressed confusion about the ongoing contract negotiations between the Board of Education (BOE) and Ridgewood teachers, those involved in the talks continue to decline to speak about its progress, citing a confidentiality agreement and the likelihood of the “chilling effect” of public interference.
BOE President Sheila Brogan, who is representing the board in the negotiations with Gary Hall, the district’s human resources manager, said that at the outset of the talks, “mutually agreed-upon ground rules” were established to maintain confidentiality about the process.
“I think it’s important so that you can have negotiations without any pressure from the outside,” Brogan said.
The village is in the beginning stages of an environmental cleanup at the Walnut Street municipal parking lot.
Cleanup of contaminated Ridgewood parking lot could get ‘expensive’
THURSDAY JUNE 21, 2012, 3:13 PM
BY DARIUS AMOS
THE RIDGEWOOD NEWS
Ridgewood is moving forward with an environmental cleanup that officials have deemed necessary despite the unknown magnitude and cost of the project.
The level and type of known contaminants located beneath the municipal parking lot at Walnut Street and Franklin Avenue are not considered a threat to public health, said Village Engineer Chris Rutishauser, but the state Department of Environmental Protection (DEP) has mandated that Ridgewood take immediate action toward remediation of the site.
Ridgewood’s governing body last week took steps to “get the ball rolling” and retained Brinkerhoff Environmental Services to conduct a remediation action plan. The Manasquan-based firm placed a bid of $35,282 for the project.
Five Devastating Effects Obamacare Will Have on Young Adults
In anticipation of the Supreme Court’s Obamacare decision, it is important to remember that the constitutionality of the law’s individual mandate isn’t the only concern. Obamacare will also negatively impact many younger Americans. Here’s a list of five ways young adults will be hurt by the law:
Premium increases. Obamacare imposes age-rating rules that increase premiums for young adults. As Heritage research shows, under Obamacare, young adults will pay artificially high premiums, and older adults will pay artificially low premiums.
Loss of coverage. Obamacare puts in place new rules that prohibit plans with annual limits. While limited health plans may not be a long-term solution, some coverage is still better than none. Several colleges across the country have already stopped offering low-cost plans to students because of the new regulations.
Government takeover of student loans. Obamacare ends government subsidies to private lenders and puts the federal government in charge of originating and servicing federally backed student loans. As almost anyone is eligible for a student loan, Heritage’s Lindsey Burke explains that “these policies only exacerbate the college cost crisis, continuing a vicious cycle whereby college costs rise in tandem with ever-increasing federal subsidies.”
Less money for education. Obamacare’s massive expansion of Medicaid, which will add almost 20 million more Americans to the program, will be difficult to sustain on already strained state budgets. As states are forced to redirect a growing portion of their budgets to Medicaid, less funding will be available for other state priorities, such as education.
Crushing fiscal burden. Younger generations will be left footing the bill for Obamacare and its irresponsible spending. Despite his many lofty promises, President Obama’s law does not reduce health insurance premiums, spending, or the deficit. The latest cost estimate for Obamacare’s insurance provisions is $1.5 trillion over the next 10 years, which still doesn’t include a full decade of spending, since the most expensive provisions don’t begin until 2014.
Obamacare’s negative impact on young Americans is just one of many reasons the law should be repealed.
New state report shows fewer patients died after getting open-heart surgery in New Jersey
THURSDAY JUNE 21, 2012, 11:55 AM
BY BARBARA WILLIAMS
But complications rise slightly at N.J. hospitals
Fewer patients died after undergoing open-heart surgery in New Jersey in 2009 than in previous years, though slightly more suffered complications, according to the state’s annual report on cardiac bypass surgery.
Englewood Hospital and Medical Center, The Valley Hospital in Ridgewood, and the University of Medicine and Dentistry were cited for having no deaths following the operations. Dr. James Klein at Englewood and Dr. Alex Zapolanski at Valley were recognized for performing more than 100 surgeries without losing any patients.
St. Joseph’s Regional Medical Center, where 205 open-heart surgeries were performed in 2009, had the worst mortality rate in the state with 2.77.
However, the report, Cardiac Surgery in New Jersey, noted that none of the 18 hospitals reviewed had a mortality rate that was statistically significantly different from the rest of the state.
Inside the Supreme Court Health-Care Decision
Published: Thursday, 21 Jun 2012 | 11:18 AM ET
By: Bill Murphy, Jr., INC
Medical care accounts for 18 percent of the U.S. gross domestic product — and it is taking up at least as much of the mindshare of plenty of American entrepreneurs and business owners.
At this very moment, the economic basis of the entire health-care system is up in the air, as a result of the imminent U.S. Supreme Court opinion in the health care reform law cases. Court observers expect the decision any day now, and most likely before the end of June.
“This is going to be one of the biggest decisions to come down in our lifetime,” said Robert Litan, vice president for research and policy at the Kauffman Foundation. “The economic impact could be tremendous.”
For American entrepreneurs and employees so far, the waiting has been the hardest part. That’s because the decision is likely to have so many ramifications and third-order effects that it’s nearly impossible for business owners to forecast all the possible outcomes.
Breaking ranks:Ratings creep for colleges means students might be overpaying
Frederick M. Hess, Taryn Hochleitner | The Daily
It’s June, and millions of high school seniors have chosen a college — a choice often made with the help of college-ranking guides like Barron’s or U.S. News and World Report. Unfortunately, families may not know higher education’s dirty secret: these rankings mean a lot less than you might think.
More and more schools are entering the top tiers of competitiveness rankings in the respected Barron’s Profiles of American Colleges, largely because of application and grade inflation — not increased academic quality. Indeed, between 1991 and 2011, the number of schools ranked by Barron’s as “most competitive” increased from 44 to 87. While the usual suspects maintained their high ranking (Harvard, Princeton, Yale, etc.), the list grew to include schools that were previously ranked at least two tiers down, like George Washington University and the University of Southern California — and the share of institutions in the top three categories has risen from less than a quarter to nearly a third.