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Washington(Cnn)White house officials led by vice president joe biden met for the first time thursday with house and senate leaders in both parties to begin negotiations on major differences over government funding levels and spending cuts.

According to multiple sources familiar with the meeting, negotiators agreed to hold senate votes on each side's position, in the hopes of demonstrating the necessity of compromise to powerful voices in both parties who have been resisting a deal.

This would be an excellent time for the congress to give themselves a token pay cut, end subsidies to oil companies, remove the cap on social security payroll deductions, and end the tax breaks for the wealthiest americans.Those weasels in the house won't be able to make reasonable choices on important issues but will expend effort to return styrofoam cups, bowls and plates to the house cafeteria.We are governed by corporate prostitutes with no regard for any initiative supporting Quinceanera Dresses Sale 2014 the middle class of america.How well did that system work for egypt, libya, bahrain, mexico, and tunisia?Suppress people long enough, let the money get isolated to an elite class, and the lower classes will come to get their fair share.We are not immune from this very predictable syndrome.

March 3, 2011 10:07 pm at 10:07 pm

Ronald raegan set the all time record for continued yearly deficits by spending more than the total amount that all the presidents before him spent.George bush sr.Beat ragans yearly record.It took george w.Bush to show them how to max the credit card by adding $4 trillion to the deficit.All three of these presidents borrowed most of the suplus in the social sucerity account to keep their record spending habits from looking so out of this world.You conservitive bone headed republicans think the democrats are the spenders!Really!Give me a break!I know you have a computer if you are reading this Cheap Mother of the Bride Dresses UK so try looking for the facts.Think these are not facts than check it out yourselves.Democrats may to you be alot of things but stupid is not one of them!






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Jordan scored a career high 25 give some thought to match griffin, and Air Jordan 7 the clippers rallied to beat the dallas mavericks 119 112 friday night after losing paul when he broken down his right, shooting bear.

Jordan and griffin combined for 10 points on a 16 2 game closing run to wipe out a 110 103 deficit in the very last 4 minutes.Jordan was 11 of 14 from area of and had 18 rebounds, while griffin added 15 planks.

Coach doc rivers said paul could be out longer and will go to oregon for evaluation while the clippers head to san antonio to face the defending western conference champion spurs on saturday night.

"It changes for everyone, considered darren collison, who figures to start in paul's place and had a season high 22 points in his first game from the mavericks after playing one season in dallas. "Every person's got to step up and play big.But we should be fine,

Dirk nowitzki was a game time outcome with a sprained left ankle but hit six of his first seven shots and had 14 points at halftime on his way to 24 for the mavericks, who were up 13 in the first half and didn't trail prior to the third quarter.

After shawn marion the particular mavericks up 110 103, griffin had an alley oop dunk on an assist from nike air nike test, and jordan found with a three point play.

Nowitzki broke a 110 all tie accompanied by a jumper, but griffin sent the clippers back before for good on a three point play.He was 11 of 13 on free kicks.

"They also have those two big guys and i know it's a load, but we have to do a better job, said texas guard monta ellis, who had jordans shoes for women 13 points and nine will help. "This was a tough one,

The mavericks missed six of the company's last seven shots and had two late turnovers, counting one Air Jordan 6 when ellis dribbled off himself with jordan guarding him and the clippers up 115 112.

"As hard as we worked to get the lead back as many as seven in the fourth, we merely gave it up too easy, houston coach rick carlisle said. "Defensively, they went throughout us, as well as, offensively, with no stops, the shots get difficult,

Of this clippers leading by two, paul was tripped by ellis while dribbling a basketball great deals on shoes around a screen.He rolled over and stayed on to the floor holding his shoulder while being attended to by trainers.

Paul stayed down for about a minute before see the locker room with 6:43 remaining portion of the in the third quarter.

"I don't think you could see one guy in the league, maybe lebron or whomever, but besides there's no one guy who can make up with what chris brings, discussed backcourt mate jamal crawford, who had 15 points and a jumper that pulled the trimmers even at 110. "For us we need to lean on each other,

The mavericks had a season high for guidelines in a half but led just 70 67 at the break.Paul made his first five shots all from 3 point range before a miss from beyond the arc in the last seconds of the first half.

Jordan had three coming from the clippers' five dunks in the first half, but los angeles kept giving up easy slams to a dallas team that would not make a habit of them.Marion, who carried out with 20 points, had two on the mavericks' five first half dunks.

Records:Marion flushed the 17, 000 point mark and joined up with hakeem olajuwon, karl malone and kevin garnett as the only real players with at least 17, 000 questions, 9, 000 gets back, 1, 500 steals and as well, 1, 000 hindrances.Collison had five steals in the new year's day win over charlotte now.It was before his first five steal game since nov.27, 2012, As part of his only season with Dallas.In relation to their recent 3 0 trip, the mavericks swept at least three games on the road responsible for since february 2011, their great season.Nowitzki scored in the first quarter somebody in charge of in four games.




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Hong kong(Ifr) The prosperity of Prada and Samsonite in raising funds in Hong konghas attracted the attention of other firms in Europe and the US that assume Asian investors will buy anything and even pay a premium.

On the, a look shows that pure exchange tourism will fail.

An italian man, fashion house prada completed its hk$16.7 thousand(1.3 million pound)Hong kong ipo last week despite a slump in market conditions that left the retail component of the deal well undersubscribed.

Prada's great listing came after it had repeatedly tried and failed to list in europe over a 10 year period, and proved that foreign companies do a premium valuation on hong kong's bourse.

The selling price put prada at premium of about 20 percent to burberry and lvmh, providing a big boost to the hong kong exchange's hopes of luring more global marketplace issuers.

Aided by the $1.25 billion listing of US luggage maker Samsonite worldwide, Prada's IPO has driven program interest in Hong Kong listings to fever pitch.

Football club man utd is the latest household name to be linked with plans to float in the city.Brokers, all the same, poured cold water on the idea that many other global brands can follow in prada's footsteps.

"May possibly still room for foreign listings in hong kong, provided there exists a clear, well articulated strategic alignment of the bosses in asia which will get them institutional support, said one lender. "Those that come to hong kong only for better pricing valuations with no asian business rationale are better off staying at home,

"There needs to be a clear asian strategy and the pricing should be reasonable to ensure strong, broad based back maintain for the ipo, said an additional banker.

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Rusal, the first russian company to give out in hong kong, struggled to draw investors and plunged after its listing in january 2010.Lately, aussie miner resourcehouse cancelled its hong kong ipo after a dismal response from investors.

Lenders argued that prada and samsonite were at home in hong kong.Samsonite is notionally a us firm and last planned an ipo working london, yet 42 percent of its revenues come from asia pacific much of this from japan even though us and europe lag behind.

Prada, though sensational in attracting institutional money, put retail buyers off with a valuation that was perceived to be expensive when compared with its peers.

Prada brought out its 423.3 million voices(14 nought per cent primary and 86 for every cent secondary)Ipo with an indicative range of prices of hk$36.50 HK$48.00 per share that met for a 2011 P/E of 21 27.7 era.

Among prada's mates, mexican luxury goods group burberry trades at 21.5 times estimate 2011 earnings, Bit LVMH, The master of Louis Vuitton and Fendi, Improvement hands at 17 times, In a pre deal research report by Goldman Sachs, Joint global co ordinator on Prada's posting.

One specific 12.5 percent Italian tax on capital gains from the sale of the shares was another obstruction.Investors are likewise subject to a withholding tax of 27 percent on dividends, as necessary by italian law.

Fund managers still jumped into the offer, leaving the institutional book more than once covered, but retail stock funds were less enthused and that portion was only half covered.

The worsening market condition pushed prada to tighten its cost structure to hk$39.50 HK$42.25, The middle to low end of the first range, Within the last few day of bookbuilding on June 16.Many hedge funds pulled out of the deal withduring the last two days of bookbuilding, said a source on the transaction.

To guarantee the shares went to the right investors, prada finally priced the deal at the foot of the tightened range, or a 2011 p/e of 22.8 x, To get (more jewelry here) HK$16.7 billion dollars, Even though sources claimed the book was still oversubscribed presents itself final guidance.About 80% of the deal was allocated to high resolution, long only hard cash.

Samsonite fell even if 11 percent in early trading on june 16, ending from at hk$13.38, Or maybe a 7.73 percent below the situation price.Prada debuts found to do with june 24.

Among the names being mentioned is football club man utd, which is mulling a hong kong ipo up to us$1bn, while formula one group is also seen as an applicant.

The standard theme behind both names is the well recognised brand image and a strong asian following for the respective sports pursued by the two companies.





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