Archive for  June 2016

Home / June 2016
4 Posts

I started my prison ministry when I did not have digital technology, and it was hard to get into all the jails to do visits. We have been keeping up with the times, and we want to make sure that we are using the best technology to get in touch with the people we help. We have spent a long time ministering to the people in the jail, and now we can check on them better because we have access to Securus. Securus is a great company that has helped us just download on app to talk to all of the inmates that we are working with.
We wanted to be sure that we were checking in with everyone face to face, and the only way to do that was to use Securus. They are providing a very secure connection, and I am happy to report to PR Newswire that I have had a lot of good conversations with the inmates over Securus. It is a video call that is very clear, and we can get connected to the jail at any time. We have all made a commitment to working with the inmates, and I think that this is the best way to help people who are in need. They need connection, and Securus helps us give them that.

I have it on my phone and tablet, and it is secure no matter where I call from. I get connected to a video call with the inmate I am calling, and sometimes it is the only thing that the inmate can look forward to. They will learn a lot about how to manage once they get out, and I am proud to say that a couple of my former inmates are now helping other people using the same technology to minister to the jails. My story was published on PR Newswire.

See crunchbase.com to learn more about this app.

Related article – http://www.prnewswire.com/news-releases/securus-meets-with-justice-department-and-fbi-to-review-potential-illegal-activities-within-the-inmate-telephone-marketplace-300262288.html.

George Soros has returned to bearish investments lured by opportunities of what he sees as coming economic troubles. Soros is worried about the global economic outlook, predicting an imminent significant market shift may be at hand. Soros Fund Management LLC, which currently manages about $30 billion of funds on behalf of Soros and his family, sold stocks to buy gold and shares for gold miners in anticipation for weaknesses in the various markets in the economy. It is custom for investors to view gold as a haven during economic turmoil.

Soros is the founder and chair of Open Society Foundation and Soros Fund Management. He gained fame in 1992 when risked $10 billion of his money to a single currency speculation when he gambled the British Pound. George Soros bet was that British Pound had to devalue its currency and no matter how much intervention they try would not avert the devaluation of the currency. He turned out to be right in his gamble and a single day; the trade generated a profit of $1 billion in profit. As a result, he is referred by many people as “the man who broke the Bank of England”.

Read more:
George Soros Portfolio – 2016 Stock Picks and Performances

Billionaire Investor George Soros Sees Economic Trouble Ahead

Soros is not new to controversy as he was cited as a key trader behind the Asian financial crisis in 1997 having large bet against the Thai baht. He has also criticized the China’s economic outlook saying that the strategies being implemented by the China’s authorities are focusing more on growth and failing to recognize the importance of debt control. Chinese authorities have been angered by Soros comment saying that Soros has been making such baseless prediction without any facts reflecting the real economic outlook of China.

One of the reasons Soros believes the world economy is headed in the wrong direction is the fear he has that China’s debt is going to cause havoc in the global economy. George Soros believes that if the China’s debt problem is imitating the U.S. debt surge in 2007 which later led to the world economic crisis. According to Soros, China will not avoid a hard landing especially at a time when the authorities are focusing on stimulating growth instead of controlling the level of debt.

To benefit from the imminent global economic slowdown, Soros has decided to sell stocks and buy up the gold investments. One of the world’s top investors is now investing in gold betting against equities. Again, He appears to benefit from his decisions since the S&P rose about 20% from 2013 to 2014. It is a strategy that Soros has made much of his wealth. Investors believe it is a good plan because buying puts a portfolio from tail risk especially if one can afford it.

Learn more about George Soros:

http://www.biography.com/people/george-soros-20926527

http://www.wsj.com/articles/a-bearish-george-soros-is-trading-again-1465429163

Ukraine is struggling with a plan to pay its creditors, and the International Monetary Fund has demanded a condition for further financial support. The cost of Russian aggression has been very high including leading the economy of Russia to a crisis and taking a terrible toll on the economy of new Ukraine. The ailing economy of Ukraine has made unsustainable to pay the country’s foreign debt pf $18 billion. There are, however, negotiations on how Ukraine can structure its debt that is underway in San Francisco.

The factors preventing Ukraine from obtaining further foreign debt is because it doesn’t have recourse to bankruptcy. Without chapter 11 for the sovereign borrowers, it ‘s hard to establish a cease-fire between the borrowers and lenders to decide which debts can be reorganized. The only strategy remaining for Ukraine and its private lenders is to negotiate in a setting that can “make things right.” In the current context, Ukraine’s only leverage is to threaten to default unless it gets a debt relief. In return, the bondholders have threatened the Ukraine government that they will not invest in the country for a long time in case of default.

Read more:
Ukraine Deserves Debt Relief

Ukraine & Europe: What Should Be Done?

Europe understands that Ukraine’s default will be costly to Europe and will have long lasting effects mainly when the lenders drag out the battle as it happened for Greece and some of the Latin American nations. When negotiations for a deal between the country and its lenders is expedited, even if it causes a loss in some profit for the lenders, the country can get back to its feet in a year or two. Europe has to understand that it is not the default that keeps the country out of the markets, but the economic problems that lead the default in the first place.

In 1989, the Americas were faced with the same situation and the U.S. Treasury Secretary; Mr. Nicholas Brady had to unveil a plan that urged banks to accept relief for Latin American countries that are sensible with their reforms. Mr. Brady was worried about the savvy investors like George Soros, who would have looked into the future rather than the past and considered whether to lend the country. At the moment, the Ukrainian government is doing its best to ensure that it got the kinds of structural reforms development by Brady in 1989. The strategies include reforming the judicial system, rooting out corruption, weaning the country from Russia gas, and more.

According to George Soros Ukraine, the sanctions imposed by the West on Russia are not enough to get Ukraine out of the current crisis. Russia is already suffering a financial crisis like the one witnessed in 1998. The final blow to Russia and a winning strategy for Europe is to help Ukraine financially to ensure it can defend itself especially economically and militarily. European countries which are now going through a deflationary period. Injecting capital in the Ukrainian economy will help the country increase spending in the mega projects which will also increase the level of demand and spending in the country and in turn help Europe overcome the current crisis.

Learn more about George Soros Ukraine:
https://www.project-syndicate.org/commentary/george-soros-shows-why-eu-support-for-ukraine-would-end-up-benefiting-europe?barrier=true

http://www.forbes.com/profile/george-soros/

Nothing turns me on more than a man with beautiful hair. I think we all have fetishes especially when it comes to the opposite sex and my fetish just happens to be men with beautiful hair. I’s creepy but I guess that makes me a creep. When I first start dating a guy I will even go as far as snoop through is bathroom whenever I first go to his home just to see what kind of hair care products he does or does not use. I have always been a believer that you can tell a lot about a man by his hair and I don’t care who judges me I stand by that.
Recently, while on a date with a potential suitor we got into a pretty heated debate about Wen By Chaz [http://www.wen.com/chaz-dean.html]. I have seen on the sephora beauty market and heard about Wen By Chaz products over the last few years but this particular guy was convinced that there was no way the product could work on a regular man’s hair. Sure, he had seen it work on celebrity women and men but he had doubts hat it could work for anyone else. I’ve been a fan of Chaz Dean for years so I believed the product worked and while I had never tried it I was convinced I could find someone who had.

Today was my lucky day. I stumbled across this article in Bustle.