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Real Estate Investment Success Series Tip #1 Making Money With Real Estate Investing

Submitted by: Joel Teo

Are you losing money in all kind of speculative instruments like share, bonds and forex and am wondering what asset class to invest in? Why not consider real estate investment with its traditionally higher yields as compared to leaving your money in your bank account. This article will highlight four common strategies that real estate investors use to make money in property investment.

Money Making Method #1 – Purchase run down property and spruce it up

This method involves finding a run down property in a good area that you think has promise for resale and sprucing it up like some of the shows where people do an extreme makeover on the property. Bring along a good structural engineer or architect when you do look for such properties so as to ensure that the renovation works that you have to do will not be so extensive that it does not become worth your while to purchase the property. Since the property is may be rather run down, you need to redecorate and repair it and then you can resell this real estate for a much higher price. The key consideration when investing in this kind of real estate is to keep your renovation costs low but ensure that the basic utilities like the electricity , water and gas pipes are in good working condition. Thus this buy at undervalue and upgrade real investment strategy requires good investment property valuation skills and the ability to keep your costs low.

Money Making Method #2 Find places with high rentals

[youtube]http://www.youtube.com/watch?v=SDYrz0_OADw[/youtube]

Find areas with traditionally high rental returns that outperform the national average and then spend time looking for them and make money from the rentals. Here in this area of real estate investment, spending some time to find the real estate investment that is a bargain is a good idea so that you can get better return on investment.

Some people do not seem to get it that high rental yields are important to a real estate investor and think that most of their customers would pay anything to get a winter residence. I was at a property exhibition recently and spoke to a Spanish Real Estate Agent and when I asked her what the Return on Investment was on a piece of Bulgarian property that she was selling. Not only could she not even understand the concept of ROI but she even laughed off the question of rental yield when I asked her. I am sure she is not alone in his mistaken belief that people buy just because they like the real estate. Thus rental yields or return on investment is critical when you decide what type of real estate investment property to purchase.

Money Making Method #3- Purchase foreclosed property

Most people will know that foreclosed property usually fetches a lower price than the market value since banks are often eager to sell at a price that covers their mortgages or sometimes they just want to liquidate the property. Such properties tend to be auctioned off and you can then resell them for a higher value subsequently. However beware of hidden defects in auction properties and always arrange for a visit down to the property just to check it out.

Two people you should bring with you when deciding on a real estate investment is your professional engineer and your contractor. You want to check for hidden defects in your real estate investment to avoid buying a defective property that would cost loads of money just to repair. Thus purchasing foreclosed property may be profitable if you find a real bargain for your real estate investment portfolio.

Money Making Method #4- Cash Flow Investment

Robert T. Kiyosaki in his book explains this real estate investment strategy. He argues that the best investment you get is when you find a property at a bargain and then purchase it with as much debt as possible and then generate a cash flow from the difference between the monthly rent and the mortgage instalment. This method is highly interesting and requires you to really spend time looking for such a real estate investment that fits in that criteria.

Remember that real estate investment is dependent on rental and the higher the proposed rental the better your monthly cash flow is. You could also purchase the property at a lower price and this would mean that your monthly cash flow would improve. Note that once your property is partly paid up, you can refinance your loan and extract out some money and purchase a second property and so on. Soon you would have multiple streams of income from the purchase of one real estate investment property.

In conclusion, there are many ways to make money from real estate investment and what s missing is massive action on your part. Take massive action and start hunting for your ideal real estate investment property today and start generating substantial real estate investment property profits.

About the Author: Joel Teo takes a keen interest in real estate investment as part of a larger investment portfolio. For more tips on real estate investing check out our

real estate investment success series

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G20 protests: Inside a labour march

Wikinews accredited reporter Killing Vector traveled to the G-20 2009 summit protests in London with a group of protesters. This is his personal account.

Friday, April 3, 2009

London — “Protest”, says Ross Saunders, “is basically theatre”.

It’s seven a.m. and I’m on a mini-bus heading east on the M4 motorway from Cardiff toward London. I’m riding with seventeen members of the Cardiff Socialist Party, of which Saunders is branch secretary for the Cardiff West branch; they’re going to participate in a march that’s part of the protests against the G-20 meeting.

Before we boarded the minibus Saunders made a speech outlining the reasons for the march. He said they were “fighting for jobs for young people, fighting for free education, fighting for our share of the wealth, which we create.” His anger is directed at the government’s response to the economic downturn: “Now that the recession is underway, they’ve been trying to shoulder more of the burden onto the people, and onto the young people…they’re expecting us to pay for it.” He compared the protest to the Jarrow March and to the miners’ strikes which were hugely influential in the history of the British labour movement. The people assembled, though, aren’t miners or industrial workers — they’re university students or recent graduates, and the march they’re going to participate in is the Youth Fight For Jobs.

The Socialist Party was formerly part of the Labour Party, which has ruled the United Kingdom since 1997 and remains a member of the Socialist International. On the bus, Saunders and some of his cohorts — they occasionally, especially the older members, address each other as “comrade” — explains their view on how the split with Labour came about. As the Third Way became the dominant voice in the Labour Party, culminating with the replacement of Neil Kinnock with Tony Blair as party leader, the Socialist cadre became increasingly disaffected. “There used to be democratic structures, political meetings” within the party, they say. The branch meetings still exist but “now, they passed a resolution calling for renationalisation of the railways, and they [the party leadership] just ignored it.” They claim that the disaffection with New Labour has caused the party to lose “half its membership” and that people are seeking alternatives. Since the economic crisis began, Cardiff West’s membership has doubled, to 25 members, and the RMT has organized itself as a political movement running candidates in the 2009 EU Parliament election. The right-wing British National Party or BNP is making gains as well, though.

Talk on the bus is mostly political and the news of yesterday’s violence at the G-20 demonstrations, where a bank was stormed by protesters and 87 were arrested, is thick in the air. One member comments on the invasion of a RBS building in which phone lines were cut and furniture was destroyed: “It’s not very constructive but it does make you smile.” Another, reading about developments at the conference which have set France and Germany opposing the UK and the United States, says sardonically, “we’re going to stop all the squabbles — they’re going to unite against us. That’s what happens.” She recounts how, in her native Sweden during the Second World War, a national unity government was formed among all major parties, and Swedish communists were interned in camps, while Nazi-leaning parties were left unmolested.

In London around 11am the march assembles on Camberwell Green. About 250 people are here, from many parts of Britain; I meet marchers from Newcastle, Manchester, Leicester, and especially organized-labor stronghold Sheffield. The sky is grey but the atmosphere is convivial; five members of London’s Metropolitan Police are present, and they’re all smiling. Most marchers are young, some as young as high school age, but a few are older; some teachers, including members of the Lewisham and Sheffield chapters of the National Union of Teachers, are carrying banners in support of their students.

Gordon Brown’s a Tory/He wears a Tory hat/And when he saw our uni fees/He said ‘I’ll double that!’

Stewards hand out sheets of paper with the words to call-and-response chants on them. Some are youth-oriented and education-oriented, like the jaunty “Gordon Brown‘s a Tory/He wears a Tory hat/And when he saw our uni fees/He said ‘I’ll double that!'” (sung to the tune of the Lonnie Donegan song “My Old Man’s a Dustman“); but many are standbys of organized labour, including the infamous “workers of the world, unite!“. It also outlines the goals of the protest, as “demands”: “The right to a decent job for all, with a living wage of at least £8 and hour. No to cheap labour apprenticeships! for all apprenticeships to pay at least the minimum wage, with a job guaranteed at the end. No to university fees. support the campaign to defeat fees.” Another steward with a megaphone and a bright red t-shirt talks the assembled protesters through the basics of call-and-response chanting.

Finally the march gets underway, traveling through the London boroughs of Camberwell and Southwark. Along the route of the march more police follow along, escorting and guiding the march and watching it carefully, while a police van with flashing lights clears the route in front of it. On the surface the atmosphere is enthusiastic, but everyone freezes for a second as a siren is heard behind them; it turns out to be a passing ambulance.

Crossing Southwark Bridge, the march enters the City of London, the comparably small but dense area containing London’s financial and economic heart. Although one recipient of the protesters’ anger is the Bank of England, the march does not stop in the City, only passing through the streets by the London Exchange. Tourists on buses and businessmen in pinstripe suits record snippets of the march on their mobile phones as it passes them; as it goes past a branch of HSBC the employees gather at the glass store front and watch nervously. The time in the City is brief; rather than continue into the very centre of London the march turns east and, passing the Tower of London, proceeds into the poor, largely immigrant neighbourhoods of the Tower Hamlets.

The sun has come out, and the spirits of the protesters have remained high. But few people, only occasional faces at windows in the blocks of apartments, are here to see the march and it is in Wapping High Street that I hear my first complaint from the marchers. Peter, a steward, complains that the police have taken the march off its original route and onto back streets where “there’s nobody to protest to”. I ask how he feels about the possibility of violence, noting the incidents the day before, and he replies that it was “justified aggression”. “We don’t condone it but people have only got certain limitations.”

There’s nobody to protest to!

A policeman I ask is very polite but noncommittal about the change in route. “The students are getting the message out”, he says, so there’s no problem. “Everyone’s very well behaved” in his assessment and the atmosphere is “very positive”. Another protestor, a sign-carrying university student from Sheffield, half-heartedly returns the compliment: today, she says, “the police have been surprisingly unridiculous.”

The march pauses just before it enters Cable Street. Here, in 1936, was the site of the Battle of Cable Street, and the march leader, addressing the protesters through her megaphone, marks the moment. She draws a parallel between the British Union of Fascists of the 1930s and the much smaller BNP today, and as the protesters follow the East London street their chant becomes “The BNP tell racist lies/We fight back and organise!”

In Victoria Park — “The People’s Park” as it was sometimes known — the march stops for lunch. The trade unions of East London have organized and paid for a lunch of hamburgers, hot dogs, french fries and tea, and, picnic-style, the marchers enjoy their meals as organized labor veterans give brief speeches about industrial actions from a small raised platform.

A demonstration is always a means to and end.

During the rally I have the opportunity to speak with Neil Cafferky, a Galway-born Londoner and the London organizer of the Youth Fight For Jobs march. I ask him first about why, despite being surrounded by red banners and quotes from Karl Marx, I haven’t once heard the word “communism” used all day. He explains that, while he considers himself a Marxist and a Trotskyist, the word communism has negative connotations that would “act as a barrier” to getting people involved: the Socialist Party wants to avoid the discussion of its position on the USSR and disassociate itself from Stalinism. What the Socialists favor, he says, is “democratic planned production” with “the working class, the youths brought into the heart of decision making.”

On the subject of the police’s re-routing of the march, he says the new route is actually the synthesis of two proposals. Originally the march was to have gone from Camberwell Green to the Houses of Parliament, then across the sites of the 2012 Olympics and finally to the ExCel Centre. The police, meanwhile, wanted there to be no march at all.

The Metropolitan Police had argued that, with only 650 trained traffic officers on the force and most of those providing security at the ExCel Centre itself, there simply wasn’t the manpower available to close main streets, so a route along back streets was necessary if the march was to go ahead at all. Cafferky is sceptical of the police explanation. “It’s all very well having concern for health and safety,” he responds. “Our concern is using planning to block protest.”

He accuses the police and the government of having used legal, bureaucratic and even violent means to block protests. Talking about marches having to defend themselves, he says “if the police set out with the intention of assaulting marches then violence is unavoidable.” He says the police have been known to insert “provocateurs” into marches, which have to be isolated. He also asserts the right of marches to defend themselves when attacked, although this “must be done in a disciplined manner”.

He says he wasn’t present at yesterday’s demonstrations and so can’t comment on the accusations of violence against police. But, he says, there is often provocative behavior on both sides. Rather than reject violence outright, Cafferky argues that there needs to be “clear political understanding of the role of violence” and calls it “counter-productive”.

Demonstration overall, though, he says, is always a useful tool, although “a demonstration is always a means to an end” rather than an end in itself. He mentions other ongoing industrial actions such as the occupation of the Visteon plant in Enfield; 200 fired workers at the factory have been occupying the plant since April 1, and states the solidarity between the youth marchers and the industrial workers.

I also speak briefly with members of the International Bolshevik Tendency, a small group of left-wing activists who have brought some signs to the rally. The Bolsheviks say that, like the Socialists, they’re Trotskyists, but have differences with them on the idea of organization; the International Bolshevik Tendency believes that control of the party representing the working class should be less democratic and instead be in the hands of a team of experts in history and politics. Relations between the two groups are “chilly”, says one.

At 2:30 the march resumes. Rather than proceeding to the ExCel Centre itself, though, it makes its way to a station of London’s Docklands Light Railway; on the way, several of East London’s school-aged youths join the march, and on reaching Canning Town the group is some 300 strong. Proceeding on foot through the borough, the Youth Fight For Jobs reaches the protest site outside the G-20 meeting.

It’s impossible to legally get too close to the conference itself. Police are guarding every approach, and have formed a double cordon between the protest area and the route that motorcades take into and out of the conference venue. Most are un-armed, in the tradition of London police; only a few even carry truncheons. Closer to the building, though, a few machine gun-armed riot police are present, standing out sharply in their black uniforms against the high-visibility yellow vests of the Metropolitan Police. The G-20 conference itself, which started a few hours before the march began, is already winding down, and about a thousand protesters are present.

I see three large groups: the Youth Fight For Jobs avoids going into the center of the protest area, instead staying in their own group at the admonition of the stewards and listening to a series of guest speakers who tell them about current industrial actions and the organization of the Youth Fight’s upcoming rally at UCL. A second group carries the Ogaden National Liberation Front‘s flag and is campaigning for recognition of an autonomous homeland in eastern Ethiopia. Others protesting the Ethiopian government make up the third group; waving old Ethiopian flags, including the Lion of Judah standard of emperor Haile Selassie, they demand that foreign aid to Ethiopia be tied to democratization in that country: “No recovery without democracy”.

A set of abandoned signs tied to bollards indicate that the CND has been here, but has already gone home; they were demanding the abandonment of nuclear weapons. But apart from a handful of individuals with handmade, cardboard signs I see no groups addressing the G-20 meeting itself, other than the Youth Fight For Jobs’ slogans concerning the bailout. But when a motorcade passes, catcalls and jeers are heard.

It’s now 5pm and, after four hours of driving, five hours marching and one hour at the G-20, Cardiff’s Socialists are returning home. I board the bus with them and, navigating slowly through the snarled London traffic, we listen to BBC Radio 4. The news is reporting on the closure of the G-20 conference; while they take time out to mention that Canadian Prime Minister Stephen Harper delayed the traditional group photograph of the G-20’s world leaders because “he was on the loo“, no mention is made of today’s protests. Those listening in the bus are disappointed by the lack of coverage.

Most people on the return trip are tired. Many sleep. Others read the latest issue of The Socialist, the Socialist Party’s newspaper. Mia quietly sings “The Internationale” in Swedish.

Due to the traffic, the journey back to Cardiff will be even longer than the journey to London. Over the objections of a few of its members, the South Welsh participants in the Youth Fight For Jobs stop at a McDonald’s before returning to the M4 and home.

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Blow out sales prices likely on mattresses as new U.S. fire-resistant standards take effect

Wednesday, June 20, 2007

If you are in the market for new bedding, and not too concerned with the new United States guidelines for mattress fire resistance, now might be a good time to buy. Mattresses sold in the U.S. must meet new federal guidelines for flammability starting on July 1.

The peak heat release rate is limited to 200 kW during a 30 minute test. The total heat release is limited to 15 MJ within the first 10 minutes.”

The flammability of mattress sets sold in the U.S. is subject to a new mandatory federal regulation requirement passed by the Consumer Product Safety Commission (CPSC) on February 16 last year. The requirement, costing mattress manufacturers an estimated $100 million to meet, is scheduled to take effect on July 1. The commission anticipates that the new standards will save 270 lives and 1,330 injuries per year from mattress fires.

“We’ve passed a new open flame regulation and the whole idea behind the regulation is to make sure that if a mattress catches on fire that the fire burns slowly enough that people have enough time to get out of the house and get away,” said Hal Stratton, chairman of the CPSC

Radio and TV advertising spots are reacting to the new regulation by discounting prices on mattresses that fail to meet the new guidelines. Sales made in the mattress industry, like the automobile industry, are highly negotiable on price. The new regulation does not appear to have much “teeth” for mattresses already in the distribution pipeline, but it is a new law that is a bargaining position for potential buyers.

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How To Buy An Older House And Save A Fortune

By Gerald Mason

When you have found a house in a desirable location that looks interesting, look it over carefully for evidence of quality construction or the lack of quality.

Does the house have the general appearance of being in good shape?

Do the doors swing freely, and do they fit the openings? A poor fit of the doors often indicates the foundation is settling.

Do the windows operate freely? If not, look out. Of course, sometimes paint may stick the windows and they can be pried loose and made to operate freely. Are the floors level and in good condition? If the floor is high in the center of the room, it is not because the floor has risen, but because the walls are settling.

Do not buy a house if the floors are not level. This situation is very difficult to correct and usually indicates a serious defect in the structure.

Look for evidence that water has been a problem. Are there spots on the ceiling or walls that show that water has been leaking around the roof area?

What about under and around the windows? Look around the bottoms of the walls near the baseboards for water marks. What about areas near the shower bath, or around the laundry trays?

What about water stains on the bathtub indicating a leaky faucet? Watch slab floors for signs of moisture; this might be indicated by buckled or uneven linoleum, or floor tile curled up at the corners. If you find many of these features, do not stop there, but keep on looking until you find another house.

[youtube]http://www.youtube.com/watch?v=TAjDPU_eVWw[/youtube]

If the floor is of frame construction, is the area under the house well ventilated? Crawl under the house and examine the framing under the floor.

Take your pocket knife and test the joists and sills to see if they have started to decay. Get up into the attic and look over the situation; it is surprising what you may discover. The two most important parts of a house are the foundation and the roof.

If these two are in good condition, it is a pretty good sign that the house is structurally sound. But structural soundness is not the only, or even the most important criterion to use in judging a house.

Study the Plan

The structure exists solely to enclose the space that you will live in. Study the room arrangement carefully. Does the passage from one room to another seem natural and easy, or do you have to walk too far to get anywhere? Do you enter the house gracefully?

Will the rain water drip down the back of your neck while you search through your purse for the key? Is there a closet near the front door for wraps? Do you come directly into the living room, or is there at least a hint of an entrance hall?

Will the living room be the principal passageway through the house, with traffic lanes across the carpet in a year or two? Where will you put the piano or the davenport? What about the television? Is there a good place for it and the spectators around it, where they can be out of the way of other activities?

Is the kitchen complete with adequate work areas where they will be convenient? Is there a good place to eat? Is there a place in the house for a dining table? What about the storage of food supplies?

Is the house light and cheerful, or dismal, dingy, and dark? A gloomy house can have a very depressing effect on a family.

Are there enough bedrooms, and are they large enough? Are wardrobes large enough, and fitted with rods, shelves and organized storage space? What general storage space is there for suitcases, fishing tackle, cameras, projectors, golf clubs, etc.?

Is there a special closet for cleaning equipment? Check the location and size of the bathrooms, and the arrangement of the fixtures.

In selecting a house, be sure to get the things in it that you have always wanted.

That is the reason you are buying instead of renting. If you want oak floors on a wood frame, don’t settle for asphalt tile on concrete, which is much cheaper to build.

Some people have trouble with their feet when they stand and work on hard cold floors, as concrete floors tend to be, even when covered with asphalt or vinyl tile.

If you buy a house to be paid for in twenty-five years, how old will you be when it is all paid for? How much repair will it need by that time? Will it still be a good house, or will it need to be replaced?

How long should a house last? If well built on a good concrete foundation and if the roof is kept in repair, a house should last several centuries. Many wood frame houses are still in use that were built in the colonial period of America.

They are still strong and in sound structural condition, but aside from their historic value, how well adapted are they to modern living? Houses do not ordinarily fall down; they just get out of date and show signs of the wear and tear of everyday living.

Minor repairs, patching and a good painting are all they need to be like new; that is, like they were when they were new. But fashions in houses change rapidly the same way they do in hats, except the fashion in hats may change a little faster than it does in houses.

When you do decide to purchase it is surprising how much you can save by using a mortgage calculator.

About the Author: How To Save On Your Mortgage:

Save Money With Mortgage Calculators

http://www.greatpublications.com/mortgagecalc.htm

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Australian wins 2005 World Series of Poker

Saturday, July 16, 2005

Australian poker player Joseph Hachem outlasted nearly 6,000 other players and a final table that lasted until nearly 7:00 AM local time to win the 36th World Series of Poker main event title. Hachem won a top prize of US$7.5 million.

On the sixth hand of heads-up play against American Steve Dannenman, Hachem made a seven-high straight on the flop, which held up until the river to give him the win. Dannenman took home US$4.25 million for the second place finish.

Hachem became the first non-American player to win the main event since Spaniard Carlos Mortensen won the title in 2001. He is also the first since Mortensen to win without qualifying through an Internet poker portal.

Notable finishers include Irish professional Andrew Black in fifth place, American professional Mike Matusow in ninth, American professional Phil Ivey in 20th, and 2004 champion Greg Raymer in 25th.

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Adam Folkard and Nick Norton ready for more men’s softball

Monday, March 19, 2012Hawker, Canberra — Coming off a national championship win for the Australian Capital Territory (ACT) men’s open team in mid-February, Australia men’s national softball team representatives Nick Norton and Adam Folkard are getting ready for more softball later this year, including the Australian club championships to be held in Brisbane in June.

Folkard and Norton have both won the World Championships and have each won a total of ten national championships with the ACT side. They are both named to the current men’s national team, which has roughly thirty players, and believe they are likely to survive the December cut down to eighteen players who will represent Australia at next year’s World Championship in Auckland, New Zealand.

The World Championship is one of the two most prestigious available to male softball players. The other is the International Softball Congress, an event Folkard and Norton have both competed at.

As national team representatives, there are a lot of expectations for them. In Australia, there is almost no financial support for the men’s game so they must cover most of their own costs, including travel to and from international competitions. According to Folkard’s father, these costs can be prohibitive. In one year, when Folkard was a representative on the men’s U18, U23 and Open team, it cost A$15,000 for travel and other expenses just for Folkard. When costs for bringing family members such as Folkard’s sisters to major international tournaments, the costs were even higher. Folkard, his father and Norton all joked this cost his father an investment property to allow Folkard to continue to compete at the highest level. Both Folkard and Norton currently work as tradesmen to support softball playing.

Beyond money, the national team requires players to be actively involved in wider softball community. Players must represent a club at the club championships in Brisbane if they want to retain a spot in the squad. Folkard plays for a Western Australian club and Norton plays for a Sydney based club, driving down from Canberra to play every Sunday during the season.

Folkard and Norton have both played softball at the highest level in the United States, where the men’s game is not yet fully professionalized but still presents more opportunities for players than are available at home. For several years, Folkard has gone to the United States for three-month stints, playing for teams in Chicago, Pennsylvania, and New York. One side he played was sponsored by Ernst and Young. Folkard currently plays for a Canadian side and has been trying to convince Norton, whom he has grown up playing softball with, to join him like Norton has done one previous season. According to Folkard, playing with a North American club has certain advantages. The clubs pay for his travel to and from Australia, and pay for Championship rings. When asked how North American clubs sign Australian players, he said they follow men’s softball in Australia and call up players to offer contracts. Australian men’s players gain additional exposure to potential clubs when they compete, with some sides approaching them during the North American season and seeking to contract them for the following season.

Both men would love the opportunity to play softball in the Olympics, but believe such an opportunity is unlikely. According to them, softball at the Olympics is a women’s game intrinsically linked to men’s baseball, and men’s softball is unlikely to ever be considered on the programme as a result.

Folkard and Norton both play for the same club in the ACT territory club competition. Their team has secured a grand final berth for the match in ten days. They are waiting to find out who they will play against based on a match this weekend. Both have previously won this competition.

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US Presidential candidates offer condolences to family of Benazir Bhutto

Thursday, December 27, 2007

The United States Presidential candidates offered condolences to Benazir Bhutto‘s family and to the country of Pakistan today. Multiple candidates offered up messages about this former foreign leader.

Former Pakistani Prime Minister Bhutto was killed in a suicide attack as she was leaving a political rally in the city of Rawalpindi. At least 20 people died in the attack, local reports say. The attack has been condemned internationally.

Slate columnist John Dickerson commented that “Moments after former Pakistani Prime Minister Benazir Bhutto’s death was announced, I was getting e-mails from campaign aides, political obsessives, and the campaigns themselves. The candidates are quick to express their sadness, of course, but everyone is moving so fast because they’re trying to muscle into the news cycle more than ever. There’s only a week to go before the Iowa caucuses, and this murder lands right in the middle of a key issue in both parties. The ability to react to unpredictable news in a crazy world is at the heart of both primary debates.”

Democratic Senator Joe Biden was first, holding a press conference at noon EST today, at the Des Moines Marriott hotel, solely to speak on the topic.

This is a terrible day. My heart goes out to Benazir Bhutto’s family, friends and followers.

Like her father before her, Benazir Bhutto worked her whole life – and gave her life – to help Pakistan become a democratic, secular and modern Muslim country. She was a woman of extraordinary courage who returned to Pakistan in the face of death threats and even after an assassination attempt the day of her return, she did not flinch. It was a privilege to know her these many years and to call her a friend.

I am convinced Ms. Bhutto would have won free and fair elections next week. The fact that she was by far Pakistan’s most popular leader underscores the fact that there is a vast, moderate majority in Pakistan that must have a clear voice in the system. Her assassination makes it all the more urgent that Pakistan return to a democratic path.

This fall, I twice urged President Musharraf to provide better security for Ms. Bhutto and other political leaders – I wrote him before her return and after the first assassination attempt in October. The failure to protect Ms. Bhutto raises a lot of hard questions for the government and security services that must be answered.

I know that Benazir’s followers will be tempted to lash out in anger and violence. I urge them to remain calm – and not play into the hands of the forces of destruction. I urge Pakistan’s leaders to open a fully accountable and transparent investigation. We must find out who was behind this and bring those responsible to justice. And the United States should offer any assistance necessary, including investigative teams, to get to the bottom of this horror.

The way to honor Benazir Bhutto is to uphold the values for which she gave her life: democracy, moderation and social justice. I join with the Pakistani people in mourning the loss of a dear friend.

U.S. Senator Sam Brownback, formerly the chairman of the Senate Foreign Relations subcommittee with responsibility for Southeast Asia, commented:

I offer my deepest condolences for the loss of Benazir Bhutto and to the families of those killed today. This is a terrible loss to her supporters, the people of Pakistan and for democracy. I hope and pray that that the people of Pakistan and President Musharraf can avoid further bloodshed and continue down the road to democracy. Pakistan has been a good friend to the United States in fighting fundamentalist terrorism, and I sincerely hope we can continue to work together. Pakistan needs to continue to work toward a peaceful, stable and democratic nation if they hope to maintain our strong friendship.

Democratic Senator Hillary Clinton commented from western Iowa:

Today the world once again is reminded of the dangers facing those who pursue democracy and free elections, in Pakistan and elsewhere in areas that are rife with conflict and violence and extremism and anti-democratic forces at work. I have known Benazir Bhutto for a dozen years and I knew her as a leader. I knew her as someone willing to take risks.

I hope that if there is any opportunity for the government and people of Pakistan to respond to this tragedy appropriately, it would be to move more steadfastly and determinately toward democracy. She has given her life for that hope, and I know that the people of our country stand in solidarity with those who believe as we do in the rights of people to be heard at the ballot box.

26-year-member of the Senate Foreign Relations Committee Senator Chris Dodd commented:

“Today’s news from Pakistan is both shocking and saddening. As a member of the Foreign Relations Committee, I have had the opportunity to travel to Pakistan and come to know Former Prime Minister Bhutto very well over the years. I spoke to her personally several weeks ago and have stayed in close contact with her since. She was a respected leader who played an important part in moving Pakistan toward democracy.

As we recognize the loss of a leader today, we must also recognize the implication of today’s tragedy to the security of the region and to that of the United States.

At this critical time we must do everything in our power to help Pakistan continue the path toward democracy and full elections. Our first priority must be to ensure stability in this critical nuclear state.

The United States should also stand ready to provide assistance in investigating this heinous act. And as Pakistan perpetrators to justice, it should also demonstrate that it will not allow such violence to derail democracy and proceed with elections in a timely manner.

On his blog, former Arkansas Governor Republican Mike Huckabee commented:

I am deeply troubled by the news accounts this morning of Pakistani opposition leader and former Prime Minister Benazir Bhutto’s assassination in a suicide attack. This is devastating news for the people of Pakistan, and my prayers go out to them as we follow developments regarding this dire situation.

The terrible violence surrounding Pakistan’s upcoming election stands in stark contrast to the peaceful transition of power that we embrace in our country through our Constitution. On this sad day, we are reminded that while our democracy has flaws, it stands as a shining beacon of hope for nations and people around the world who seek peace and opportunity through self-government.

Benazir Bhutto’s assasination should also stand as a stark reminder for those who doubt the nature of our enemy.

I believe that we are currently engaged in a world war. Radical Islamic fascists have declared war on our country and our way of life. They have sworn to annihilate each of us who believe in a free society, all in the name of a perversion of religion and an impersonal god. We go to great extremes to save lives, they go to great extremes to take them. This war is not a conventional war, and these terrorists are not a conventional enemy. We must fight the war on terror with the intensity and single-mindedness that it deserves.

Democrat Dennis Kucinich commented:

This is a very dangerous moment for the world. Prime Minister Bhutto represented the forces of reform and the hope for an end to repression in a troubled region, and her death is a major loss to those efforts.

This terrible tragedy also underscores the need for the United States to adopt a new foreign policy toward the entire region because our current policy is all wrong. Our interference in the internal affairs of Pakistan has opened wide the doors of repression and violence. At this very moment, we should be working with leaders of the region to convene a meeting at the highest levels to begin a new effort towards stabilization and peace.

The United States must take a new direction in Pakistan and throughout the region. I met her several times, both in Washington and New York. She was deeply and genuinely dedicated to Pakistan. This is a tragic loss.

Republican John McCain commented:

The death of Benazir Bhutto underscores yet again the grave dangers we face in the world today and particularly in countries like Pakistan, where the forces of moderation are arrayed in a fierce battle against those who embrace violent Islamic extremism. Given Pakistan’s strategic location, the international terrorist groups that operate from its soil, and its nuclear arsenal, the future of that country has deep implications for the security of the United States and its allies. America must stand on the right side of this ongoing struggle.

Republican Mitt Romney commented moments after the attack:

This points out again the extraordinary reality of global violent radical jihadism. We don’t know who is responsible for this attack, but there is no question that the violence we see throughout the world is violence which is not limited to Iran—excuse me, Iraq—and Afghanistan but is more global in nature.
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Earning Through Cheap Rugs

By Joey Maldonado

Can cheap rugs be of a great value? The false impression of today is that anything that you could buy at a cheap price is a low quality product or it has a defect that cannot be seen by our naked eyes. To some items, it is true but it is not like that all the time. Unlike cheap rugs, it is sold at an affordable price because the materials used in this are recycled materials.

As our economy keeps on deteriorating, unemployed citizens are mounting. Some of them are rushing for alternatives to make a fortune. Then the industry of rug making comes along. Cheap rugs could bring good fortune to family. As years past by, the rug industry has grown so fast. It has grown so much because people are realizing the relevance of why rugs are made. This could be your opportunity to earn money. If you are good on weaving, you could make money out of it.

[youtube]http://www.youtube.com/watch?v=9T3xTAJZiNc[/youtube]

As what I have seen and heard that some people earn money in making cheap rugs. Here in the Philippines there are housewives that make their own profits in selling cheap rugs. They use recycled materials like clipping fabrics or known as ‘retaso’. They collect clipping fabrics from every sewer they know and stitch them by their hands. They make different styles, shapes, color, and sizes of rugs for you to choose whatever you want. I have seen also children walking down the streets to sell cheap rugs. With this story, it could inspire you in venturing you in making rugs your source of income.

Cheap rugs can be a good source of income because many of us need rugs in our home. But before venturing to this business there are some things you need to consider ensuring smooth sail in running your own business. Researching is the option for starting your business. Survey the location before you construct your store. You don’t want to build your store in the area where consumer based is low. And if you are just renting try to calculate if the rent is defensible and if you could pay it every month without putting your income profit at stake. And you should get your license for business to make it all legal. And find dealers that could produce you materials and skilled workers to fabricate your products.

Lastly, this is the time to do your marketing so as you can sell your products. Strategize and adjust to the deals you are closing without ditching your business status. Seminars and workshops regarding business handling could be of great help for you since you are the owner. And when worst comes to worst when man power seems to be lacking, you could be the best replacement. And also try to be fair to your workers so that they will not leave you. Be hands on to your business, we don’t know in the latter part the profit you will earn is much more than what you expected.

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Wikinews interviews specialists on Russian intervention in Ukraine

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Wednesday, March 5, 2014

In the past few days, tension has been increasing due to conflict between Ukraine and the Russian Federation which has led to the United States, the United Kingdom, and France increasing pressure on Russia to remove their troops from Crimea.

Wikinews interviewed specialists in Russian foreign policy and specialists in international law about the legality of Russia’s actions and the consequences of any sanctions imposed by G7 nation economies.

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