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IMF Sees ‘Alarmingly High’ Risk of Deeper Global Slump

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IMF Sees ‘Alarmingly High’ Risk of Deeper Global Slump
By Sandrine Rastello – Oct 9, 2012 6:45 AM ET

The International Monetary Fund cut its global growth forecasts as the euro area’s debt crisis intensifies and warned of even slower expansion unless officials in the U.S. and Europe address threats to their economies.

The world economy will grow 3.3 percent this year, the slowest since the 2009 recession, and 3.6 percent next year, the IMF said today, compared with July predictions of 3.5 percent in 2012 and 3.9 percent in 2013. The Washington-based lender now sees “alarmingly high” risks of a steeper slowdown, with a one-in-six chance of growth slipping below 2 percent.

“A key issue is whether the global economy is just hitting another bout of turbulence in what was always expected to be a slow and bumpy recovery or whether the current slowdown has a more lasting component,” the IMF said in its World Economic Outlook report. “The answer depends on whether European and U.S. policy makers deal proactively with their major short-term economic challenges.”

https://www.bloomberg.com/news/2012-10-08/imf-sees-alarmingly-high-risk-of-deeper-global-slump.html

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Resilient Metropolis: The Economic Transformation of New York and New Jersey in the 20th Century

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Teaching American History Grant : Ridgewood high School Presents

Historian and Author Dr. Kenneth Jackson, Columbia University

Resilient Metropolis: The Economic Transformation of New York and New Jersey in the 20th Century

Wednesday, November 7 at Ridgewood High School, from 6:30-7:30 p.m.

A program for high school students, social studies teachers, and the community
Sponsored by The History Consortium at The Hermitage

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Five Ridgewood High School students have been named National Merit Scholarship semifinalists

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Five Ridgewood High School students have been named National Merit Scholarship semifinalists

Five Ridgewood High School students have been named National Merit Scholarship semifinalists and 33 others have received letters of commendation.

More than 1.5 million students took the 2011 Preliminary SAT/National Merit Scholarship Qualifying Test (PSAT/NMSQT) last October and entered the National Merit Program, a nationwide competition for recognition and awards.

Only some 16,000 who qualified as semifinalists have an opportunity to continue in the competition for Merit Scholarships to be offered
next spring.

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Footprints in the Sand Walk-a-thon

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Footprints in the Sand Walk-a-thon
Sun, October 14, 2012
Time: 9:00 AM – 2:00 PM
Ridgewood Duck Pond, .

At the walk the RDA will be offering take home teeth whitening kids including: custom whitening trays made in the office and two tubes of whitening gel for a $100 dollar donation made out directly to The Footprints in the Sand Foundation.

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NJ Legislator: There oughta be a law, they say

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NJ Legislator: There oughta be a law, they say

Gov. Chris Christie made headlines when he called a bill to require seat belts for pets in vehicles “stupid.” But critics of the state’s political process say the production of frivolous bills from busybody lawmakers has been a recurring theme for years.

Lawmakers have been on a tear with more head-scratchers in recent weeks.

One lawmaker — an admitted fan of the Green Bay Packers — proposed banning professional sports events in New Jersey if they are staffed by nonunion officials. The bill was generated the morning after the Packers lost in the last seconds, when an apparent interception was ruled a touchdown by replacements for unionized officials locked out by the National Football League.  (Jordan, Asbury Park Press)

https://www.app.com/article/20121007/NJNEWS/310070042/There-oughta-law-they-say?nclick_check=1

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Donovan sets good example on pay-to-play

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Donovan sets good example on pay-to-play

Despite how it might have looked to casual political observers, the Bergen freeholders didn’t “revise” or make minor, sensible adjustments to the county’s pay-to-play ban last month.

They gutted it.

That’s why County Executive Kathleen Donovan’s veto last Friday was so significant. It salvaged a 10-month-old experiment in pay-to-play reform, an attempt to rid the county of its reputation of being open to the highest bidder.

The ramifications of Donovan’s veto extend far beyond Bergen’s border. If the new, toothless version stayed on the books, it would have dealt a blow to other counties and municipalities that are considering similar reforms.  (Stile, The Record)

https://www.northjersey.com/news/opinions/173234751_Donovan_sets_good_example_on_pay-to-play_sets_good_example_on_pay-to-play.html

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Hundreds call North Jersey hospitals in fear over meningitis outbreak

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Orson Welles in the Third Man

Hundreds call North Jersey hospitals in fear over meningitis outbreak

MONDAY, OCTOBER 8, 2012 LAST UPDATED: MONDAY OCTOBER 8, 2012, 9:49 PM
BY BARBARA WILLIAMS AND LINDY WASHBURN
STAFF WRITERS
THE RECORD

Hundreds of patients have been calling North Jersey hospitals worried that the spinal injections they’ve received over the last several months may have exposed them to fungal meningitis.

Pain management specialists at Englewood Hospital and Medical Center and The Valley Hospital in Ridgewood reassured patients that their hospitals had not used the steroid injections linked to a national outbreak of the rare form of meningitis.

“We’ve fielded hundreds of phone calls by patients given epidurals in the last few months,” said Dr. Jeffrey Gudin, director of the pain management center at Englewood.

https://www.northjersey.com/news/NJ_650_got_potentially_tainted_steroid_not_1000_.html

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FLAGS FLY AT HALF-STAFF TUESDAY, OCTOBER 9

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FLAGS FLY AT HALF-STAFF TUESDAY, OCTOBER 9

Upon Executive Order from Acting Governor Kim Guadagno, flags at Ridgewood schools will be flown at half-staff on Tuesday, October 9, 2012 in recognition and mourning of a brave and loyal American hero, United States Army Sergeant Jonathan Gollnitz, a resident of Lakehurst who tragically lost his life while supporting Operation Enduring Freedom

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Salary for new Ridgewood judge David Pfund debated

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Ridgewood Municipal Court Judge David Pfund

Salary for new Ridgewood judge David Pfund debated

MONDAY OCTOBER 8, 2012, 10:45 AM
BY DARIUS AMOS
STAFF WRITER
THE RIDGEWOOD NEWS

Despite voting against the selection of David Pfund as Ridgewood’s municipal judge, Councilman Tom Riche suggested paying the appointee a salary higher than the amount recommended by his colleagues.

Pfund, an attorney and former Ridgewood mayor, was appointed municipal judge last week by a 3-2 vote. Riche and Councilwoman Bernadette Walsh voted against the move, both citing the lost potential to save taxpayer dollars.

The village “missed an opportunity for a long-time shared services possibility where the taxpayers certainly could have saved money,” Riche said during a special meeting last Wednesday.

During a discussion of the new judge’s salary at this week’s work session, Riche said he was in favor of paying Pfund $30,000. According to Village Manager Ken Gabbert, three other council members supported a salary of $24,500, while a fourth suggested a lower rate.

Former municipal judge Philip Sheridan, who spent nearly two decades on the bench, earned $27,500 annually plus health benefits, Gabbert said. Pfund will not receive the village’s health benefits.

As a result of a conflict with his full-time job, Sheridan stepped down from the municipal judge position last month.

https://www.northjersey.com/news/173121161_Salary_for_new_Ridgewood_judge_debated.html

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Let them eat cake: Home-based baked-goods bill before committee this week

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Let them eat cake: Home-based baked-goods bill before committee this week

It’s a bill whose origins are rooted in the recession. But it has had difficulty making it past the committee stage.

First introduced in 2009, the bill would allow home bakers to sell cupcakes, pies, cookies and other kinds of foods so long as the sellers make it clear to the consumer that the pastries and breads were prepared in a kitchen that is not subject to Department of Health inspections.  (Mooney, State Street Wire)

https://www.politickernj.com/60246/home-based-baked-goods-bill-committee-week

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Mysterious Algorithm Was 4% of Trading Activity Last Week

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Mysterious Algorithm Was 4% of Trading Activity Last Week
Published: Monday, 8 Oct 2012 | 4:27 PM ET Text Size
By: John Melloy

A single mysterious computer program that placed orders — and then subsequently canceled them — made up 4 percent of all quote traffic in the U.S. stock market last week, according to the top tracker of high-frequency trading activity. The motive of the algorithm is still unclear.

The program placed orders in 25-millisecond bursts involving about 500 stocks, according to Nanex, a market data firm. The algorithm never executed a single trade, and it abruptly ended at about 10:30 a.m. Friday.

“Just goes to show you how just one person can have such an outsized impact on the market,” said Eric Hunsader, head of Nanex and the No. 1 detector of trading anomalies watching Wall Street today. “Exchanges are just not monitoring it.”

https://www.cnbc.com/id/49333454

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N.J. projecting hike in tax revenue

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N.J. projecting hike in tax revenue

New Jersey is one of only nine states predicting tax revenue increases of more than 5% this fiscal year, with the state’s projection of 8.6% for five major tax streams the third highest growth anticipated in the nation, an analysis released Wednesday shows.

Only Delaware and California predicted a higher increase in tax revenue from 2012 fiscal year levels, each anticipating 10% growth, according to the report released by the National Conference of State Legislatures, a government association.

New York and Connecticut predicted more modest tax revenue growth at 3.2% and 4.1%, respectively.

New Jersey Democrats have criticized Gov. Chris Christie for unrealistic revenue predictions in this year’s budget and haven’t yet implemented a property tax credit the Republican governor has pushed. The stalemate on one of Christie’s signature pledges has resulted in an escalating war of words between both sides.  (Haddon, The Wall Street Journal)

https://blogs.wsj.com/metropolis/2012/10/03/n-j-projecting-hike-in-tax-revenue/?KEYWORDS=jersey

 

 

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Mitt Romney Hammers President Obama On Libya In a Wide-Ranging Foreign Policy Speech

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Editors Note : Romeny dispels the ‘blame America first ” and culture of cowardice that has dominated foreign and cultural policy for sometime 

Mitt Romney Hammers President Obama On Libya In a Wide-Ranging Foreign Policy Speech
Courtesy of CNN

Republican nominee Mitt Romney is giving a highly pumped-up foreign policy speech hammering President Barack Obama on the recent attacks in Libya.

Here’s the full text of Romney’s speech:

“I particularly appreciate the introduction from my good friend and tireless campaign companion, Gov. Bob McDonnell. He is showing what conservative leadership can do to build a stronger economy. Thank you also Congressman Goodlatte for joining us today. And particular thanks to Gen. Peay. I appreciate your invitation to be with you today at the Virginia Military Institute. It is a great privilege to be here at an Institution that has done so much for our nation, both in war and in peace.
For more than 170 years, VMI has done more than educate students. It has guided their transformation into citizens, and warriors, and leaders. VMI graduates have served with honor in our nation’s defense, just as many are doing today in Afghanistan and other lands. Since the September 11th attacks, many of VMI’s sons and daughters have defended America, and I mourn with you the 15 brave souls who have been lost. I join you in praying for the many VMI graduates and all Americans who are now serving in harm’s way. May God bless all who serve, and all who have served.

Of all the VMI graduates, none is more distinguished than George Marshall—the Chief of Staff of the Army who became Secretary of State and Secretary of Defense, who helped to vanquish fascism and then planned Europe’s rescue from despair. His commitment to peace was born of his direct knowledge of the awful costs and consequences of war.

General Marshall once said, “The only way human beings can win a war is to prevent it.” Those words were true in his time—and they still echo in ours.

Last month, our nation was attacked again. A U.S. Ambassador and three of our fellow Americans are dead—murdered in Benghazi, Libya. Among the dead were three veterans. All of them were fine men, on a mission of peace and friendship to a nation that dearly longs for both. President Obama has said that Ambassador Chris Stevens and his colleagues represented the best of America. And he is right. We all mourn their loss.
The attacks against us in Libya were not an isolated incident. They were accompanied by anti-American riots in nearly two dozen other countries, mostly in the Middle East, but also in Africa and Asia. Our embassies have been attacked. Our flag has been burned. Many of our citizens have been threatened and driven from their overseas homes by vicious mobs, shouting “Death to America.” These mobs hoisted the black banner of Islamic extremism over American embassies on the anniversary of the September 11th attacks.

As the dust settles, as the murdered are buried, Americans are asking how this happened, how the threats we face have grown so much worse, and what this calls on America to do. These are the right questions. And I have come here today to offer a larger perspective on these tragic recent events—and to share with you, and all Americans, my vision for a freer, more prosperous, and more peaceful world.

The attacks on America last month should not be seen as random acts. They are expressions of a larger struggle that is playing out across the broader Middle East—a region that is now in the midst of the most profound upheaval in a century. And the fault lines of this struggle can be seen clearly in Benghazi itself.

The attack on our Consulate in Benghazi on September 11th, 2012 was likely the work of forces affiliated with those that attacked our homeland on September 11th, 2001. This latest assault cannot be blamed on a reprehensible video insulting Islam, despite the Administration’s attempts to convince us of that for so long. No, as the Administration has finally conceded, these attacks were the deliberate work of terrorists who use violence to impose their dark ideology on others, especially women and girls; who are fighting to control much of the Middle East today; and who seek to wage perpetual war on the West.

We saw all of this in Benghazi last month—but we also saw something else, something hopeful. After the attack on our Consulate, tens of thousands of Libyans, most of them young people, held a massive protest in Benghazi against the very extremists who murdered our people. They waved signs that read, “The Ambassador was Libya’s friend” and “Libya is sorry.” They chanted “No to militias.” They marched, unarmed, to the terrorist compound. Then they burned it to the ground. As one Libyan woman said, “We are not going to go from darkness to darkness.”
This is the struggle that is now shaking the entire Middle East to its foundation. It is the struggle of millions and millions of people—men and women, young and old, Muslims, Christians and non-believers—all of whom have had enough of the darkness. It is a struggle for the dignity that comes with freedom, and opportunity, and the right to live under laws of our own making. It is a struggle that has unfolded under green banners in the streets of Iran, in the public squares of Tunisia and Egypt and Yemen, and in the fights for liberty in Iraq, and Afghanistan, and Libya, and now Syria. In short, it is a struggle between liberty and tyranny, justice and oppression, hope and despair.

We have seen this struggle before. It would be familiar to George Marshall. In his time, in the ashes of world war, another critical part of the world was torn between democracy and despotism. Fortunately, we had leaders of courage and vision, both Republicans and Democrats, who knew that America had to support friends who shared our values, and prevent today’s crises from becoming tomorrow’s conflicts.
Statesmen like Marshall rallied our nation to rise to its responsibilities as the leader of the free world. We helped our friends to build and sustain free societies and free markets. We defended our friends, and ourselves, from our common enemies. We led. And though the path was long and uncertain, the thought of war in Europe is as inconceivable today as it seemed inevitable in the last century.

This is what makes America exceptional: It is not just the character of our country—it is the record of our accomplishments. America has a proud history of strong, confident, principled global leadership—a history that has been written by patriots of both parties. That is America at its best. And it is the standard by which we measure every President, as well as anyone who wishes to be President. Unfortunately, this President’s policies have not been equal to our best examples of world leadership. And nowhere is this more evident than in the Middle East.

I want to be very clear: The blame for the murder of our people in Libya, and the attacks on our embassies in so many other countries, lies solely with those who carried them out—no one else. But it is the responsibility of our President to use America’s great power to shape history—not to lead from behind, leaving our destiny at the mercy of events. Unfortunately, that is exactly where we find ourselves in the Middle East under President Obama.

The relationship between the President of the United States and the Prime Minister of Israel, our closest ally in the region, has suffered great strains. The President explicitly stated that his goal was to put “daylight” between the United States and Israel. And he has succeeded. This is a dangerous situation that has set back the hope of peace in the Middle East and emboldened our mutual adversaries, especially Iran.
Iran today has never been closer to a nuclear weapons capability. It has never posed a greater danger to our friends, our allies, and to us. And it has never acted less deterred by America, as was made clear last year when Iranian agents plotted to assassinate the Saudi Ambassador in our nation’s capital. And yet, when millions of Iranians took to the streets in June of 2009, when they demanded freedom from a cruel regime that threatens the world, when they cried out, “Are you with us, or are you with them?”—the American President was silent.

Across the greater Middle East, as the joy born from the downfall of dictators has given way to the painstaking work of building capable security forces, and growing economies, and developing democratic institutions, the President has failed to offer the tangible support that our partners want and need.

In Iraq, the costly gains made by our troops are being eroded by rising violence, a resurgent Al-Qaeda, the weakening of democracy in Baghdad, and the rising influence of Iran. And yet, America’s ability to influence events for the better in Iraq has been undermined by the abrupt withdrawal of our entire troop presence. The President tried—and failed—to secure a responsible and gradual drawdown that would have better secured our gains.

The President has failed to lead in Syria, where more than 30,000 men, women, and children have been massacred by the Assad regime over the past 20 months. Violent extremists are flowing into the fight. Our ally Turkey has been attacked. And the conflict threatens stability in the region.
America can take pride in the blows that our military and intelligence professionals have inflicted on Al-Qaeda in Pakistan and Afghanistan, including the killing of Osama bin Laden. These are real achievements won at a high cost. But Al-Qaeda remains a strong force in Yemen and Somalia, in Libya and other parts of North Africa, in Iraq, and now in Syria. And other extremists have gained ground across the region. Drones and the modern instruments of war are important tools in our fight, but they are no substitute for a national security strategy for the Middle East.
The President is fond of saying that “The tide of war is receding.” And I want to believe him as much as anyone. But when we look at the Middle East today—with Iran closer than ever to nuclear weapons capability, with the conflict in Syria threating [sic] to destabilize the region, with violent extremists on the march, and with an American Ambassador and three others dead likely at the hands of Al-Qaeda affiliates— it is clear that the risk of conflict in the region is higher now than when the President took office.

I know the President hopes for a safer, freer, and a more prosperous Middle East allied with the United States. I share this hope. But hope is not a strategy. We cannot support our friends and defeat our enemies in the Middle East when our words are not backed up by deeds, when our defense spending is being arbitrarily and deeply cut, when we have no trade agenda to speak of, and the perception of our strategy is not one of partnership, but of passivity.

The greater tragedy of it all is that we are missing an historic opportunity to win new friends who share our values in the Middle East—friends who are fighting for their own futures against the very same violent extremists, and evil tyrants, and angry mobs who seek to harm us. Unfortunately, so many of these people who could be our friends feel that our President is indifferent to their quest for freedom and dignity. As one Syrian woman put it, “We will not forget that you forgot about us.”

It is time to change course in the Middle East. That course should be organized around these bedrock principles: America must have confidence in our cause, clarity in our purpose and resolve in our might. No friend of America will question our commitment to support them… no enemy that attacks America will question our resolve to defeat them… and no one anywhere, friend or foe, will doubt America’s capability to back up our words.

I will put the leaders of Iran on notice that the United States and our friends and allies will prevent them from acquiring nuclear weapons capability. I will not hesitate to impose new sanctions on Iran, and will tighten the sanctions we currently have. I will restore the permanent presence of aircraft carrier task forces in both the Eastern Mediterranean and the Gulf region—and work with Israel to increase our military assistance and coordination. For the sake of peace, we must make clear to Iran through actions—not just words—that their nuclear pursuit will not be tolerated.
I will reaffirm our historic ties to Israel and our abiding commitment to its security—the world must never see any daylight between our two nations.

I will deepen our critical cooperation with our partners in the Gulf.

And I will roll back President Obama’s deep and arbitrary cuts to our national defense that would devastate our military. I will make the critical defense investments that we need to remain secure. The decisions we make today will determine our ability to protect America tomorrow. The first purpose of a strong military is to prevent war.

The size of our Navy is at levels not seen since 1916. I will restore our Navy to the size needed to fulfill our missions by building 15 ships per year, including three submarines. I will implement effective missile defenses to protect against threats. And on this, there will be no flexibility with Vladimir Putin. And I will call on our NATO allies to keep the greatest military alliance in history strong by honoring their commitment to each devote 2 percent of their GDP to security spending. Today, only 3 of the 28 NATO nations meet this benchmark.

I will make further reforms to our foreign assistance to create incentives for good governance, free enterprise, and greater trade, in the Middle East and beyond. I will organize all assistance efforts in the greater Middle East under one official with responsibility and accountability to prioritize efforts and produce results. I will rally our friends and allies to match our generosity with theirs. And I will make it clear to the recipients of our aid that, in return for our material support, they must meet the responsibilities of every decent modern government—to respect the rights of all of their citizens, including women and minorities… to ensure space for civil society, a free media, political parties, and an independent judiciary… and to abide by their international commitments to protect our diplomats and our property.

I will champion free trade and restore it as a critical element of our strategy, both in the Middle East and across the world. The President has not signed one new free trade agreement in the past four years. I will reverse that failure. I will work with nations around the world that are committed to the principles of free enterprise, expanding existing relationships and establishing new ones.

I will support friends across the Middle East who share our values, but need help defending them and their sovereignty against our common enemies.

In Libya, I will support the Libyan people’s efforts to forge a lasting government that represents all of them, and I will vigorously pursue the terrorists who attacked our consulate in Benghazi and killed Americans.

In Egypt, I will use our influence—including clear conditions on our aid—to urge the new government to represent all Egyptians, to build democratic institutions, and to maintain its peace treaty with Israel. And we must persuade our friends and allies to place similar stipulations on their aid.

In Syria, I will work with our partners to identify and organize those members of the opposition who share our values and ensure they obtain the arms they need to defeat Assad’s tanks, helicopters, and fighter jets. Iran is sending arms to Assad because they know his downfall would be a strategic defeat for them. We should be working no less vigorously with our international partners to support the many Syrians who would deliver that defeat to Iran—rather than sitting on the sidelines. It is essential that we develop influence with those forces in Syria that will one day lead a country that sits at the heart of the Middle East.

And in Afghanistan, I will pursue a real and successful transition to Afghan security forces by the end of 2014. President Obama would have you believe that anyone who disagrees with his decisions in Afghanistan is arguing for endless war. But the route to more war – and to potential attacks here at home – is a politically timed retreat that abandons the Afghan people to the same extremists who ravaged their country and used it to launch the attacks of 9/11. I will evaluate conditions on the ground and weigh the best advice of our military commanders. And I will affirm that my duty is not to my political prospects, but to the security of the nation.

Finally, I will recommit America to the goal of a democratic, prosperous Palestinian state living side by side in peace and security with the Jewish state of Israel. On this vital issue, the President has failed, and what should be a negotiation process has devolved into a series of heated disputes at the United Nations. In this old conflict, as in every challenge we face in the Middle East, only a new President will bring the chance to begin anew.

There is a longing for American leadership in the Middle East—and it is not unique to that region. It is broadly felt by America’s friends and allies in other parts of the world as well— in Europe, where Putin’s Russia casts a long shadow over young democracies, and where our oldest allies have been told we are “pivoting” away from them … in Asia and across the Pacific, where China’s recent assertiveness is sending chills through the region … and here in our own hemisphere, where our neighbors in Latin America want to resist the failed ideology of Hugo Chavez and the Castro brothers and deepen ties with the United States on trade, energy, and security. But in all of these places, just as in the Middle East, the question is asked: “Where does America stand?”

I know many Americans are asking a different question: “Why us?” I know many Americans are asking whether our country today—with our ailing economy, and our massive debt, and after 11 years at war—is still capable of leading.

I believe that if America does not lead, others will—others who do not share our interests and our values—and the world will grow darker, for our friends and for us. America’s security and the cause of freedom cannot afford four more years like the last four years. I am running for President because I believe the leader of the free world has a duty, to our citizens, and to our friends everywhere, to use America’s great influence—wisely, with solemnity and without false pride, but also firmly and actively—to shape events in ways that secure our interests, further our values, prevent conflict, and make the world better—not perfect, but better.

Our friends and allies across the globe do not want less American leadership. They want more—more of our moral support, more of our security cooperation, more of our trade, and more of our assistance in building free societies and thriving economies. So many people across the world still look to America as the best hope of humankind. So many people still have faith in America. We must show them that we still have faith in ourselves—that we have the will and the wisdom to revive our stagnant economy, to roll back our unsustainable debt, to reform our government, to reverse the catastrophic cuts now threatening our national defense, to renew the sources of our great power, and to lead the course of human events.

Sir Winston Churchill once said of George Marshall: “He … always fought victoriously against defeatism, discouragement, and disillusion.” That is the role our friends want America to play again. And it is the role we must play.

The 21st century can and must be an American century. It began with terror, war, and economic calamity. It is our duty to steer it onto the path of freedom, peace, and prosperity.

The torch America carries is one of decency and hope. It is not America’s torch alone. But it is America’s duty – and honor – to hold it high enough that all the world can see its light.

Thank you, God bless you, and God bless the United States of America.”

Read more: https://www.businessinsider.com/mitt-romney-foreign-policy-speech-vmi-obama-virginia-military-institute-libya-2012-10#ixzz28jEwzKTx

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Ridgewood teachers: still no vote on the new contract

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Ridgewood teachers: still no vote on the new contract
October 8,2012
the Staff of the Ridgewood blog

Ridgewood NJ, Despite the fact that Ridgewood Education Association (REA) and the Board of Education (BOE) came to an agreement several weeks ago, the teachers’ has still not voted to ratify the contract .

The Ridgewood News is reporting that , ” according to Superintendent Daniel Fishbein, REA and BOE negotiators have reached a memorandum of agreement (MOA), meaning the terms of a potential agreement still await ratification from the REA and a vote from the BOE. The official ratification depends in part on when the REA is able to coordinate a meeting with its hundreds of members and explain the MOA and vote to ratify it, Fishbein said in late August. After that, the school board has to vote on the terms as well. ” https://www.northjersey.com/news/173120061_Ridgewood_teachers_contract_vote_expected_soon.html

According to Gary Hall, the district’s human resources manager and one of the BOE’s negotiators ,” both parties agreed to a confidentiality agreement at the outset, pertain to “all terms and conditions of the contract,” including salaries, benefits and the wording of general phrases”

Critics of the BOE are speculating that the new contract amounts to nothing more than another give away to the REA ,thus the delays and obfuscation on contract details. While others claim not this time ,its a new day for the BOE which has a new respect for taxpayers money .

Some how we don’t doubt that the current Ridgewood School PR offensive is geared to lesson the blow of what ever was agreed to with the REA and the tax increases that are almost assured to follow.

Microsoft Store

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The Who’s Pete Townshend at Bookends October 11th

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The Who’s Pete Townshend at Bookends October 11th

Pete Townshend,Thursday, October 11th @ 6:00pm
Founding Member The Who, Pete Townshend will sign his new book: Who I Am.
Books available October 8th.

Appearing authors will only autograph books purchased at Bookends and must have valid Bookends Receipt.Availability & pricing for all autographed books subject to change.Bookends cannot guarantee that the books that are Autographed will always be First Printings.
Autographed books purchased at Bookends are non-returnable.

While we try to insure that all customers coming to Bookends’ signings will meet authors and get their books signed, we cannot guarantee that all attendees will meet the author or that all books will be signed. We cannot control inclement weather, author travel schedules or authors who leave prematurely.

Bookends, 211 E. Ridgewood Avenue, Ridgewood, NJ 07450 201-445-0726