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Teen birth rate rises in 2007 for second year in a row

healthMore babies were born to teen mothers in 2007 than the previous year, making it the second year in a row that the teen birth rate has seen an increase, according to the Centers for Disease Control's National Center for Health Statistics.

Teen births increased 5% between 2005 and 2007, the last year for which statistics are available, WebMD.com reports. There had been a 34% drop in births from 1991 to 2005.

In 2007, the birth rate among teens rose 1%, which means 42.5 babies were born for every 1,000 teens aged 15-19, according to WebMD.

The overall birth rate also saw a 1% increase, and overall life expectancy for a child born in 2007 reached a record high of 77.9 years, according to CDC statistics.

Gold "Could Hit" Year-End Profit Taking, But Long-Term Strength to "Surprise ...

goldThe price of Gold ticked higher in a tight range against the US Dollar early Monday, rising 1.9% from Friday's 5-week low in what dealers variously called "quiet", "lackluster" and "weak" trade.

 

Most Asian stock markets ended the day lower, but European share buyers showed a near-1% profit as banks and financial stocks bounced from last week's near-10% drops.

Raw materials rose from aluminum to wool. Government bond prices drifted lower.

"The fact is you don't get any yield on your gold," said Invesco Perpetual fund manager John Greenwood in London's Sunday Times yesterday.

Gold coin enriches Jax Salvation Army effort

coinsThe “plunk” was as ordinary as the thousands of other sounds made by coins being dropped into the trademark red kettles.


What those counting the generous donations made Tuesday to The Salvation Army in Jacksonville found something anything but ordinary.


There, amid the dimes, quarters and dollar bills, was a folded piece of paper with the inscription: “For unto us a child is born, unto us a son is given: and the government shall be upon his shoulder: and his name shall be called Wonderful, Counsellor, The mighty God, The everlasting Father, The Prince of Peace.”

Credit union in downtown L.A. is robbed

businessLos Angeles Police detectives did not have far to go to investigate this crime.

The credit union across the street from the new Los Angeles Police Department headquarters building was robbed Tuesday morning for the second time in four months. Police said the bandit got away on a bicycle with about $1,000 in cash.

Los Angeles Police Lt. Paul Vernon said the robber was wearing a distinctive black backpack with small white polka dots when he entered the Southland Credit Union in the 200 block of South Spring Street about 10:25 a.m.

The suspect did not display a weapon. He presented a note and the teller handed over the money. The man then fled eastward and abandoned his bicycle in a downtown parking lot, Vernon said.

NASA Launches WISE in Space

NasaNASA launched a new infrared space telescope—WISE (Wide-Field Infrared Survey Explorer) from the Vandenberg Air Force Base in California.

A Delta II rocket carried WISE into the polar orbit that is 326 miles above Earth at 6:09 a.m. PST.

Through WISE, NASA is hoping to get detailed information regarding hundreds of millions of unseen and far away objects in space besides comets and asteroids.

According to the mission’s project manager at NASA’s Jet Propulsion Laboratory in Pasadena, William Irace, ""WISE thundered overhead, lighting up the pre-dawn skies. All systems are looking good, and we are on our way to seeing the entire sky better than ever before."

Former Marine turns coins into business

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Jeff Morin, a former seargant in the Marine Corps, founded his customized coin business in 2002 with a $500 loan from his mom.

This year Stafford-based Coins for Anything Inc. debuted at No. 1,518 on the Inc. 5000, a list of the 5,000 fastest-growing private companies in the U.S., for 210 percent revenue growth between 2005 and 2008. The company reported $2.8 million in revenue in 2008 and is on track to make about the same this year.

The business idea bloomed when Morin started selling Challenge coins, typically military medallions with an organization’s emblem, on eBay for extra cash.

A mother e-mailed him asking for a Marine mom-designed coin, and after finding no coins like that on the market, Morin designed and ordered 100 ‘Mother of Marine” coins that sold out within hours. His own mom, who helped mail the individual coins, gave him a $500 loan to start the business.

Obama should heed the lessons of Vietnam

politicsOn June 17, 1964, President Lyndon Johnson explained to The New York Times reporter James "Scotty" Reston why he had to stay the course in Vietnam by stabilizing the South Vietnamese government so that it could fight communism.

Johnson rejected calls for withdrawal that were being made by liberal Democrats as well as the proposal for neutralization promoted by France's Charles de Gaulle.

"So the only thing you've got left," Johnson said, "is try to make this thing more efficient and more effective and hold as strong as you can and keep this government as stable as you can and try to improve it as you can and that we're doing day and night."

History of the $20 United States gold coin, 1849th1933

coinsThe $20 gold coin shown here is the only known specimen of its kind and is among the rarest of U.S. coins. It owes its existence, in part, to the discovery of gold in California in 1848, of which the famous Sutter’s Mill discovery was but the beginning. The California Gold Rush created a steady flow of gold, part of which reached the United States Mint in Philadelphia. Instead of striking gold in traditional $10 pieces, the Mint decided to issue larger denominations. In February 1849, Congress authorized the striking of $20 gold coins, which were created by Chief Engraver James Barton Longacre. This coin is one of two trial patterns struck on March 12, 1850, even though it bears the date 1849. The second pattern has never been found. This coin inaugurated the series of gold $20 coins nicknamed ‚Äúdouble eagles,‚Äù which were issued from 1850 to 1907. The term ‚Äúdouble eagle‚Äù is derived from the fact that the $10 coin is called an ‚ “eagle.”

Inflation Inched Up in Europe in November

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Inflation in the euro area moved above zero in November for the first time in five months, according to a preliminary report Monday, as higher energy prices pushed the index higher.

Consumer prices in the euro area rose by 0.6 percent in November from the same month a year earlier, said Eurostat, the European Union’s statistical agency. In October the rate was minus 0.1 percent.

No further details were released; a fuller estimate is due to be published on Dec. 16.

Orange County man arrested for defrauding elderly couple of $5 million

coins

According to the indictment, Walthall convinced the couple to invest in a partnership called "Advanced Recycling General Partners" which was supposed to search for and extract gold from old mines in the Imperial Valley, Nevada, and Brazil.

Walthall told the couple that he had invested over $3 million of his own money over the past decade researching the gold extraction process and that, as partners, the couple would receive a salary and that expenses would be approved beforehand by each partner.

According to the Los Angeles bureau of the FBI, the majority of the money was used by Waltham for his own gold investments and personal expenses, including alimony and child support for his four children and purchasing multiple vehicles and other luxury items. This includes a hyperbaric oxygen chamber worth approximately $60,000 and a $10,000 payment to a film school.

 

 

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