US Federal Reserve ceases to publish M3 index

Thursday, April 27, 2006

  • M0: Is total of all physical currency, plus accounts at the central bank which can be exchanged for physical currency.
  • M1: Is the M0 as well as the amount in demand accounts (“checking” or “current” accounts).
  • M2: Is the M1 as well as most savings accounts, money market accounts, and certificate of deposit accounts (CDs) of under $100,000.
  • M3: Is the M2 as well as all other CDs, deposits of eurodollars and repurchase agreements.

? from Wikipedia, The Free EncyclopediaMoney Supply

On March 23, 2006 the Federal Reserve ceased publication of the M3 monetary aggregate, in line with an announcement it made in November, 2005. The M3 is a measure of money supply in the United States,

The M3 is most general of the many measures of money supply, the quantity of money available within the economy for purchasing goods, services, and securities. The money supply is monitored and adjusted by a central bank, to keep inflation in check, because money supply has to change in tune with real Gross Domestic Product (GDP) to prevent inflation (or deflation).

In November last year, the US Federal Reserve announced that it would cease publishing M3 data, saying, “[the] M3 does not appear to convey any additional information about economic activity that is not already embodied in M2 and has not played a role in the monetary policy process for many years”, adding that the costs of collecting the data required for the index outweighed its benefits.

Some commentators have questioned this decision and have speculated that this would allow the Federal reserve to covertly fund the US budget deficit and its negative balance of trade or hide the fall in international demand for the US dollar. In March, 2006, Rep. Ron Paul introduced a bill (HR 4892) requiring the Federal Reserve to reverse its decision.

Wikipedia has more about this subject:

Retrieved from “https://en.wikinews.org/w/index.php?title=US_Federal_Reserve_ceases_to_publish_M3_index&oldid=4456529”

Alleged ‘rights group’ tries to have 4,000 anti-Scientology videos removed from YouTube

This article mentions the Wikimedia Foundation, one of its projects, or people related to it. Wikinews is a project of the Wikimedia Foundation.

Monday, September 8, 2008

According to the Electronic Frontier Foundation (EFF), a rights group called the American Rights Counsel LLC has attempted to have at least 4,000 anti-Scientology videos removed from the video sharing website YouTube. Upon further investigation, Wikinews found that most videos and clips were added to YouTube by the copyright holders of the material; as DMCA requests are for the purposes of requesting removal where service providers host material that infringe on the copyright of the complainant, the merit of these requests remain questionable. It was also discovered that the alleged rights group does not exist as a physical entity. In an in-depth report, Wikinews investigated the incident and obtained exclusive information and comments from individuals, including XenuTV producer Mark Bunker.

Within the past 24 hours, according to the EFF, the Counsel “sent out over 4000 DMCA takedown notices to YouTube, all making copyright infringement claims against videos with content critical of the Church of Scientology.” A DMCA notice, or Digital Millennium Copyright Act notice means an attempt to limit the use of copyrighted material that is often infringing on the rights of an alleged copyright.

Wikinews made attempts to contact American Rights Counsel LLC for comment on the take-down notices, but was unable to obtain contact details for the alleged organisation. One post on a YouTube discussion page related to the organization states that they “do not appear to exist outside of these claims on YouTube.” Wikinews contacted YouTube several times asking them if they have a process of verifying DMCA requests from individuals or entities claiming copyright infringement, but when they responded, they directed Wikinews to their terms of service saying, “item 8 addresses the DMCA and 8 B addresses counter-notice procedures.”

YouTube’s terms of use in regards to filing DMCA requests states that only “A physical or electronic signature of a person authorized to act on behalf of the owner of an exclusive right that is allegedly infringed” can make such claims. It also goes on to say, “Identification of the copyrighted work claimed to have been infringed, or, if multiple copyrighted works at a single online site are covered by a single notification, a representative list of such works at that site.”

The EFF says the videos attempting to be removed had shown clips from Anonymous protests of the Church and news footage from Australia and Germany which were critical of Scientology. Some videos were also messages from Anonymous to Scientology, and vice versa. Others were also video clips from a City Commission meeting in Clearwater, Florida. Accounts hosting the material were “suspended by YouTube in response to multiple allegations of copyright infringement.”

YouTube does, however, have a process for users that wish to file a counter-notice against a take-down under the DMCA. After the DMCA notices were sent, YouTube users began to revolt, by sending “DMCA counter-notices” to YouTube. The EFF states that the counter attack resulted in many of the accounts being reinstated and their videos restored.

One user claimed that he had shot and uploaded one of the videos that was taken down. “How can someone else file a claim against a video I MADE?,” said ShadowVsScientology, one of the YouTube users who had a video deleted. Since he owned the rights to the video, he alleges that the American Rights Counsel had no legal grounds to request its removal.

A video posted on YouTube by a user called ‘Church0fScientology’, who was responsible for the original ‘Message to Scientology’ in January of 2008 created after the Church had a video of a Tom Cruise interview removed from the site, states that the organization responsible for the DMCAs does not exist and is run by a man named Dr. Oliver Schaper. They state that he “fronts” the organization for Scientology. It also calls Schaper’s actions “deceptive”. Schaper also had an account on YouTube which has since been suspended. Wikinews obtained a cached version of his account page in which he states to the group Anonymous, “I respect your efforts as long your efforts remain within the limits of the law and remain fair. Although I don’t censor any postings, I would appreciate if any conversation could remain civil and insult free.” Schaper also states that he “will not censor because I strongly believe in the freedom of speech.” They accuse him of running and owning media companies that distribute gay pornography, something Schaper later admits, but only that it’s an “adult television network.” Homosexuality is not accepted within the Church of Scientology and is not tolerated. Scientology believes that homosexuality is a disease and can be cured.

A user named “Oschaper” has written articles on the online encyclopedia Wikipedia about Peephole TV and Volksmusik TV. Oliver Schaper is the founder of Peephole TV, and is also involved with Volksmusik TV. In an e-mail to Wikinews, Wikipedia user Oschaper claims that his first name is Olaf, and that he is “not related” to Oliver Schaper. “Olaf” writes: “My name is Olaf Schaper and I use the handle oschaper on Wikipedia. I’m not related to Oliver Schaper and we share only the last name … If you like to contact Oliver Schaper please see his companies website at www.acos.tv”. When asked how he managed to get an e-mail address with that last name, Olaf replied, “I got the email because my best friend works for his networks hence the creation of my postings on Wikipedia.”

Wikinews contacted Schaper for exclusive comments. Schaper replied saying that he is a “very strong advocate for the Church of Scientology, the religion of Scientology and a free speech advocate” and “I don’t need to go into details but I felt that my family and myself have been direct targets and in an attempt to control the situation, I started to track down and remove online links between me and my religion. This included postings made by HouseSpiderAnon on his videos, who publicly connected the dots and made them available to a larger audience.”

“I requested several times to have my information removed from his videos as I wanted no association with his work but he refused, even after I stated several times that he has the right to protest but that I would like to enforce my right of privacy. He refused and demanded documentation of the attacks, something I refused because it was not my attention to allow more documents to be available online in public hand,” added Schaper who also said he has been a victim of identity theft and now has the FBI involved in investigating his claim.

“Tustin PD [police department] has been on the case and now the FBI is involved as well. Social Security has been notified and we have seen about 200 attempts to use the SSN [social security number] for fake credit cards applications,” Schaper told Wikinews.

Schaper admits that he contacted YouTube to have videos which contained images of him that were being used without permission and videos “which violated [his] privacy removed.” Those requests made by Schaper were eventually accepted by YouTube but “videos that contained just a text messages directed against me or my church remained,” he added. He also admits to owning “several broadcasting companies, ACOS Broadcasting Corp. (eight mainstream television and two radio networks) & Media House Enterprises, Inc. (adult television network PEEPHOLE TV).”

“I had the power to go fully against copyrighted material because we own or licensed large amounts of content. But it was not my responsibility to enforce all copyright violations on YouTube. In addition with the attacks on our servers, websites and infrastructure, no time would have been available to take on a fight,” added Schaper.

Schaper also denies any involvement with the alleged rights group and also states he was just notified that it doesn’t even exist.

“As many other people, and even members of the Church of Scientology received information about a company that removed anti-Scientology content from YouTube, shit hit the fan and members of Anonymous went on a full attack on me. I still have to this date no information about the American Rights Counsel and I have no connection, knowledge or involvement in this company which I have been informed of does not even exists,” Schaper told Wikinews.

One critic of Scientology, television producer Mark Bunker also had his accounts deleted by YouTube, but had them quickly restored. Bunker also believes that the American Rights Counsel does not exist.

“American Rights Counsel LLC does not exist. When I got my take-down notices from YouTube I tried to file a DMCA counter-notice but in order to do that you need to get the name of the contact person to be served with the notice and the contact information of the company which the government lists on the web,” said Bunker to Wikinews who also added that their name is not registered with the United States copyright office.

“I next did a google search for American Rights Counsel LLC which brought up absolutely no results so clearly this was fraud from the beginning. I contact[ed] YouTube and they quickly restored everything to my account and others,” added Bunker.

Wikinews has also learned that a contributor on Wikipedia, claiming to be a member of Anonymous, has posted what is allegedly personal information of Schaper. The edit, made to the article Peephole TV states that he is a lawyer, employed with a firm on Ricklinger, Stadtweg in Hanover, Germany. It also stated that he is affiliated with the “Tustin Org” in California. In what seems to be a gathering of information on Schaper from other online sources, according to Enturbulation.org, the result of releasing the information has resulted in legal and physical threats from Schaper to someone, known as ‘HouseSpiderV2’ on Enturbulation, who has claimed to have released e-mail correspondence between him and Schaper.

“Don’t think I will not be able to track you down and serve you with papers. I would make the case so expensive for you that you would not be able to even fight this on your own funding as I have the money at my disposal,” allegedly states Schaper to ‘HouseSpiderV2’ in an e-mail. “You have 24 hours to remove the postings or I will start to make this a legal issue. That makes it simple,” he added.

Despite the claims that the Wikipedia contributor is Oliver Schaper, he claims to have never registered an account with Wikipedia. He also says he has never made any threats of physical harm to members of Anonymous.

“I had not the need to register an account with Wikipedia and after all this trouble will not get involved at all. There has never been any threat of violence against Housespideranon or any other member of Anonymous made by me,” Schaper told Wikinews.

It would be worth a subpoena to find out who committed this crime.

Bunker, who recently spoke with Schaper, says he believes Schaper is not involved, but that he also doesn’t know who or what was responsible for filing the DMCA requests.

“I had never heard of Schaper before he was accused of this. I don’t know anything about him other than he contacted me and said he was not involved. I don’t know who was responsible. 4000 deletions in a matter of hours is a pretty major feat. It would be worth a subpoena to find out who committed this crime. I wouldn’t blame Schaper without knowing he did it,” Bunker added.

 This story has updates See Alleged ‘rights group’ involved with removal of anti-Scientology videos from YouTube doesn’t exist; says EFF 

Retrieved from “https://en.wikinews.org/w/index.php?title=Alleged_%27rights_group%27_tries_to_have_4,000_anti-Scientology_videos_removed_from_YouTube&oldid=4604474”

Fischer suffers seizure, collapses during Red Wings game

Tuesday, November 22, 2005

Detroit Red Wings defenseman Jiri Fischer was hospitalized Monday night after suffering a seizure while on the bench during an ice hockey game in Detroit. He is listed in stable condition.

Late in the first period in a game against the Nashville Predators at Joe Louis Arena, Fischer collapsed on the bench. According to Red Wing coach Mike Babcock, Fischer suffered a seizure, and went into cardiac arrest. He was revived by team medical staff, who used a defibrillator to restart Fischer’s heart. He was taken by ambulance to Detroit Receiving Hospital. Fox Sports Detroit reported that he was awake and talking to hospital staff.

As of Monday night, Fischer’s condition was listed as stable.

In September 2002, Fischer had an abnormal electrocardiogram reading, forcing him to miss two days of training camp. A subsequent follow-up test was passed.

The game, which was officially stopped with 7:30 left in the first period, was cancelled. The game will be made up on January 23, 2006.

Retrieved from “https://en.wikinews.org/w/index.php?title=Fischer_suffers_seizure,_collapses_during_Red_Wings_game&oldid=4576281”
Fitness Equipment

Lbc’s Express Flower

Other than sending a Balikbayan box, OFWs (overseas Filipino workers) are now provided a way for them to send flowers back to the Philippines. This is through the use of different online philippine flower shops. Because of the importance of flowers, particularly as a gift for celebrating important events such as wedding anniversaries or birthdays, several business establishments have come to consider opening their own online flower shops. Today, there are tons of online philippine flower shops across the internet that serves every OFWs a chance to send their gifts back to the Philippines. One of which is LBC’s Flowers Express.

LBC’s Express Flower

LBC is one of the top courier companies in the Philippines. Other than its reputation for serving reliable and fast delivery services, LBC is also known to provide ways for OFWs to get in touch with their families through their delivery services. This passion included several expansions that would provide ease and convenience for OFWs to send gifts as well as other things back to their family. One of LBC’s most popular expansion is through opening online philippine flower shops, which they named as Flowers Express.

[youtube]http://www.youtube.com/watch?v=Ww14MvFQD4U[/youtube]

Flowers Express was launched in 2005 as LBC’s first online flower shop that provides a wide collection of flowers for every OFWs to choose from. Similar to other online philippine flower shops, such as MyFlowerDepot, Flowers Express offers free delivery on their flowers. The one advantage of Flowers Express is its 24 hour delivery service.

Like LBC itself, which is known for their 24 hour delivery service, Flowers Express also excels in providing fast and reliable delivery service. Flowers Express is known to deliver their flowers within 24 hours. This was made so as to preserve the freshness of the flower. Some have even stated that the flowers were just blooming when it arrived from their home. Another popular feature of Flowers Express is their dedication to take care of their flowers.

Other than just delivering flowers, Flowers Express also provides care tips on how to make their flowers live longer, a way for them to cherish more what their loved ones sent to them. Also, Flowers Express provides other gifts items that would surely go well with the flowers they are providing such as wine, chocolates, and stuffed toys.

Through LBC’s innovative ideas, OFWs have been provided a way for them to express their deepest love and longing for their family through the flowers they are sending. Also, through online flower shops such as Flowers Express, OFWs allowed to celebrate their wedding anniversaries with a bouquet of flowers, freshly picked and wrapped beautifully. For information visit to our site at flowersexpress.com.ph

Article Source: sooperarticles.com/shopping-articles/lbcs-express-flower-12969.html

About Author:

Sheena is an -ecommerce specialist and writes on her free time about various topics that catch people’s interest.Author: Sheena Thornbird

Ontario Votes 2007: Interview with Green Party candidate Lloyd Helferty, Thornhill

Sunday, October 7, 2007

Lloyd Helferty is running for the Green Party of Ontario in the Ontario provincial election, in the Thornhill riding. Wikinews’ Nick Moreau interviewed him regarding his values, his experience, and his campaign.

Stay tuned for further interviews; every candidate from every party is eligible, and will be contacted. Expect interviews from Liberals, Progressive Conservatives, New Democratic Party members, Ontario Greens, as well as members from the Family Coalition, Freedom, Communist, Libertarian, and Confederation of Regions parties, as well as independents.

Retrieved from “https://en.wikinews.org/w/index.php?title=Ontario_Votes_2007:_Interview_with_Green_Party_candidate_Lloyd_Helferty,_Thornhill&oldid=1879939”

Canadian National Exhibition takes place in Toronto

Sunday, September 2, 2007

From August 17 to September 3, 2007 the Canadian National Exhibition (CNE or The EX) came back to Toronto for its 128th year. It is the largest in Canada and the fifth largest in North America.

The three day Canadian International Airshow, the horse show called “Tom Bishop’s Trick Riding Show”, and many other events were the main attractions at this year’s CNE. An estimated 1.3 million people attend the CNE every year.

The 680 News tower made entirely from Lego’s was on display, with a fence around it.

On Saturday at 1:00 p.m. was the airshow, which featured award winning aviators, including the Canadian Forces (CF) snowbirds, flying planes used in Afghanistan. The United States Air Force (USAF) also flew planes used in the military and a new F-22 Raptor fighter aircraft for its first time in an international show. A CF-18 Hornet, Canadian version of the USAF F/A-18 Hornet, 1943 Boeing Stock Stearman PT-17, and many other rare planes were also flown. Everyone could see the airshow but for a good photo and video opportunity freelance Wikinews journalist and others paid CA$5.00 to get on top of Ontario Place, across from the exhibition grounds. There was a ton of stairs to get to the top, but it was well worth it if one wanted excellent photos and video to watch with their family.

“I used to come to the air show every year with my dad … being out there flying over Lake Ontario in my hometown is unbelievable,” said Capt. Yanick “Crank” Gregoire of the CF-18 Hornet, on its 25th anniversary.

General Rick Hillier, Chief of the Defence Staff of the Canadian Forces, made a brief speech and talked about Canada’s mission in Afghanistan. Followed by was a pre-recorded speech made by Prime Minister Stephen Harper. Then the American and Canadian national anthems were played and the show begun, it even included a live pilot in a Canadian Forces plane talking through his microphone into the speakers on top of Ontario Place. The airshow was something not to be missed as the staggering planes are always best watched live.

In the Direct Energy Centre at Exhibition Place were many vendors and people selling books, cloths, inventions, and even some live cooking shows. There was also a arts, crafts, and hobbies building, which was one of the best places to visit at this year’s CNE. Rides and attractions filled the grounds across Ontario Place.

The famous Iams-sponsored Superdogs performed dog tricks for an audience in a large area, while behind the curtains were salespeople at booths advertising and selling Iams dog food. They perform at the Royal Winter Fair in Toronto and other fairs in Canada.

At 5:00pm was the horse show at the Riding Academy “Horse Palace“, hosted by Tom Bishop Sr. There was a woman representing Ontario, a 15-year-old girl from Alberta representing Canada, and a man from the United States on a black horse. One of the horse riders, a champion, was from Canada but moved to the U.S. and has toured both countries. Tom Bishop Jr. stood and rode on top of two “Canadians”, the most rare and oldest horse breed in North America. The horses had to jump over a line of gas-led fire, Tom Bishop Sr. noted beforehand that horses are scared of fire.

At 9:00 p.m. was the Human Cannon Ball, from the U.S. Performed by David “The Bullet” Smith, Jr., son of Cannonball Smith, is the second person in the world that can do the “don’t-do-this-at-home-or-else!” stunt. It is their third year at the CNE. Most people came 20 minutes before to get a good spot. The shot was so loud that some had to plug their ears, and if one didn’t their heart would be beating hard. Smith jumped out like he’s done that stunt a thousand times, he did a push up on the ground and quickly ran back.

While walking to the Ontario Place parking lot, as soon as the “Human Cannon Ball” was finished, the Canadian Forces had several of their vehicles used in Afghanistan on display outside. A snowbirds plane, some LAV III’s, tanks, a helicopter, and a boat were on display. Soldiers were outside to greet and talk to the visitors, and had photos taken. A large banner was hung and old music was playing. People even signed a board beside a tank showing their support and thanks to the soldiers currently deployed. There was also a large tent with real Canadian soldiers giving away bracelets and showing actual uniforms used. They were very heavy and one soldier actually said the cloths are comfortable. It wasn’t clear which base the soldiers came from but one said that he came from Halifax, Nova Scotia.

The CNE closes every night at 11:00pm.

It ends on Labour Day at 7:00pm.

Retrieved from “https://en.wikinews.org/w/index.php?title=Canadian_National_Exhibition_takes_place_in_Toronto&oldid=4272742”
Money Transfer

Is Million Dollar Pips One Thing You Can Web At Least One Million Bucks?

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[youtube]http://www.youtube.com/watch?v=aj06JyUCHTo[/youtube]

Denny’s Super Bowl free ‘Grand Slam Breakfast’ brings 2 million diners

Friday, February 6, 2009

Denny’s 1,600 chain restaurants across North America, Puerto Rico and Canada, were slammed for eight hours Tuesday with hungry patrons standing on sidewalks for nearly two hours to take advantage of the $5.99 “Grand Slam Breakfast” giveaway.

Denny’s, a dining chain with annual revenue of about $900 million, has advertised in a TV commercial Sunday during the Super Bowl XLIII that it would give away its signature breakfast from 6 a.m. until 2 p.m. local time Tuesday, at all its restaurants in the U.S., Canada and Puerto Rico, while supplies lasted.

Denny’s Diner has promoted the iconic dish giveaway heavily, with a bold 30-second appeal ad that aired during the third quarter of the Super Bowl 43 on Sunday, plus another 15-second ad during the post-game show, offering a free breakfast to some 90 million viewers. In addition, it has placed a full-page ad in USA Today‘s Monday edition. The promotion was further announced on The Today Show and notices were also sent out to the chain’s “Denny’s Breakfast Club” members.

The NBC ad, which was bought to unveil a new promotion for customers squeezed by the recession, may have cost as much as $3 million, said Nelson Marchioli, CEO of Denny’s Corp. Super Bowl XLIII’s 30-second commercial time slot costs $2.4 million–$3 million for the airtime alone, excluding production and talent costs.

The game was televised live by the US NBC Sunday Night Football and Canada’s CTV Television Network. BayTSP has reported that, “as of 10 a.m. Wednesday, commercials that initially aired during NBC’s Super Bowl XLIII broadcast subsequently had been watched online more than 28 million times.”

“The promotion has a total cost of $5 million U.S., which includes $3 million for the commercial on NBC,” said a Denny’s spokesman, noting also that the company received about $50 million in news coverage, most of which was positive. According to a Denny’s representative, two million people walked through the restaurant chains’ doors Tuesday, and each Denny’s restaurant served an average of 130 Grand Slams per hour.

With the “Denny’s Feeds America” promotion, the company has reported 14 million hits on its Web site between Sunday night and Monday morning. Denny’s shares rose 6 cents, or 3.1 percent, to $1.98 in afternoon trading. The stock has traded in a range of $1.18 to $4.10 over the past 52 weeks.

“Denny’s free Grand Slam” has ranked in the top 10 Google searches early Tuesday and fell to No. 18 by the end of the promotion, while “denny s locations” was #9 on Google Trends, which tracks fast-rising searches. It has also held spots No. 1 (Denny’s) and 7 (Grand Slam) on Twitter‘s trending topics. It has generated much chat on Twitter, garnering 1,700 tweets on Tuesday, compared with its average of 59. Doritos, winner of the USA TODAY survey for best Super Bowl spot ad, had 933 mentions after reaching a peak of almost 3,300.

The idea of the TV ad was to get people to come in and re-evaluate Denny’s Diner. “A lot of people have forgotten what Denny’s is, or they think they know, while we’ve come out with a whole lot of new products. We felt like we needed to jump start the brand,” Denny’s Chief Marketing and Innovation Officer Mark Chmiel said.

“We’re celebrating the Grand Slam this year,” Chmiel said. According to the company’s financial data, on January 15 Denny’s reported systemwide comparable-store sales for the fourth quarter were down 6.1 percent, compared to a 0.2 percent decline from the same period in 2007.

According to Robert Gonzalez, public relations company Hill & Knowlton spokesman, Denny’s has expected at least 2 million people to eat a free Grand Slam by the end of the promotion. “Every restaurant is packed with people and lines,” Gonzalez said. “Everything today is about fast. People are on the go, and they’re eating fast food. It’s cutting into sit-down dining,” he added.

“Each of the more than 1,500 Denny’s were planning to make about 100 Grand Slams an hour,” Denny’s spokeswoman Cori Rice said. It had predicted it will have served about 1,400 people per location, more than five times the normal volume. “Grand Slam Breakfast” is a four-item option on its menu, consisting of two pancakes, two eggs, two strips of bacon and two sausage links. It weighs in at 44 grams of fat, 56 carbohydrates and 770 calories.

Nationwide, Denny’s expected to sell about 2 million Grand Slams — about 15 percent of the annual tally. According to Mark Chmiel, chief marketing operator and executive vice president, the diner chain has reported approximately 2 million meals worth more than $12 million were given away nationwide and each Denny’s restaurant served an average of 130 Grand Slams per hour. It estimated it has earned about $50 million worth of public relations following the free Grand Slam campaign, Chmiel said.

The company is also experimenting with a Grand Slam Burrito and also has introduced for this year, a Grand Slamwich, which includes eggs, bacon, sausage and cheese between two slices of bread, with a teaspoon serving. “It already has shown strong consumer appeal,” said Chmiel. The company has received flood of e-mails and letters proving the positive impact of the Grand Slam campaign and commercials on its customers.

Chmiel also announced he’s planning a third major promotion in this year’s third quarter, which happens to include another major sporting event, the World Series. “That’s one we’re definitely looking at,” he said.

Jobless Paris Winslow of downtown San Francisco, California has joined the long line which stretched from the front door on Mission Street, between Fourth and Fifth streets, to the corner of Fourth and up the block. “The economy is getting kind of scary. This line looks like those pictures of soup kitchen lines during the 1929 Great Depression,” Winslow said.

“I came all the way from San Francisco for a free $6 meal, Isn’t that pathetic? A year ago, I never would have done this. These days I’m willing to put my ego on the back burner,” said Stephen Weller, a jobless contractor who waited with his dog, Emmett. California Denny’s restaurant managers have issued rain checks (for free chilled meals, as security backed by actual bacon) to anyone who failed to get in by the 2 p.m. deadline.

A big eater could also “Slam It Up” by adding any two additional items for 99 cents each to their meal. Customers on Tuesday were also handed “bounceback” coupon books that include offers for additional free menu items with purchases. Chicago Tribune reporter Kevin Pang has eaten five free Grand Slams on Tuesday at five different Denny’s Diners in four hours. He claims to have consumed 4,100 calories at Harwood Heights, 5:36 a.m, at Schiller Park, 6:22 a.m., at Franklin Park, 7:08 a.m., at Melrose Park, 7:41 a.m. and at Grand Slam No. 5 Oak Park, 8:57 a.m.

“The Grand Slam has always been a Denny’s favorite. This free offer is our way of reacquainting America with Denny’s real breakfast and with the Denny’s brand,” Denny’s CEO Nelson Marchioli said in a statement. In 1977s, the Grand Slam started as a baseball-related promotion in Atlanta, Georgia. Its normal price averages around $5.99. Marchioli said the event was also a way to kick-off its “Year of the Grand Slam” promotion. Denny’s claimed it has sold 12.5 million Grand Slams a year.

“The economy’s tough and people are jumping all the way to fast food to try to figure it out. We all use fast food, whether it’s for time or convenience or for money. But you can go to Denny’s and you don’t have to give up a real breakfast and that was the whole focus of our commercial,” Marchioli explained. McDonald’s (MCD, Fortune 500) has done well during this economic meltdown since the global recession pushes people toward less expensive dining options.

McDonald’s has announced plans Wednesday to open 175 new restaurants in China this year despite the global economic crisis, thereby increasing the number of outlets in China by 17 percent, from 1,050 currently. Last month, McDonald’s 2008 net profit has risen 80 percent from 2007 to 4.3 billion dollars.

Marchioli has also introduced Denny’s $4 Weekday Express Slam, which is a streamlined version of the Grand Slam. “I want to take back share. For too long, we have allowed others to take share, whether it was Starbucks or McDonald’s. They’re fine competitors and I don’t expect to take all their business from them, but I’d like a little bit back,” Marchioli noted.

According to Rafi Mohammed, author of “The Art of Pricing,” people love free. “It triggers a Pavlovian response in people,” said Mohammed. If Pavlov’s dogs salivate when a bell rings, Denny’s free Grand Slam breakfast has attracted 2 million hungry customers. “I believe free maximizes trial and doesn’t devalue a product as long as it is a rare event. Aside from the cost, the major downside is that it attracts customers who truly have no intention of coming back,” he added.

According to University of Portland consumer psychology professor Deana Julka, people flock to free promotions amid just a few dollars saving because there’s nothing in life for free. “So when there’s something out there that costs nothing, it creates a psychological rush. Especially in these times when people feel overtaxed or overburden, there’s an internal reward people feel by getting something for free,” she said. “It’s being thrifty and feeling like you beat the system. Free really hits the spot for a lot of people,” Julka added.

“Free is an emotional hot button. When free is concerned, there is no downside – or, at least, we don’t see the downside immediately. So we overvalue everything that is free. People love free stuff, particularly when money’s tight,” said Dan Ariely, a business professor at Duke University, author of “Predictably Irrational: The Hidden Forces That Shape Our Decisions.”

Experts, however, explained these moves need to be done sparingly, since giveaways can teeter in the balance between desperation and a well designed marketing ploy. “Giving your product away for free is not worth it because it undermines your brand value,” said branding expert Rob Frankel, saying people are attached to the idea of it being free, than the actual product itself.

Free giveaways are not anything new in the food industry. “It just feels good when you can get something for free and not have to worry about it coming out of your wallet,” Frankel noted. Dunkin’ Donuts and Panera Bread all have had free coffee and food promos last year. “In November, Starbucks gave away free cup of coffee to anyone who came in on Election Day. Have you taken a look at how Starbucks is doing now?” Last week it has announced it would shut down 300 stores, in addition to the 600 it already planned to close.

On February 24, IHOP will be offering a free shortstack to every customer to encourage donations (in place of the cost) for Childrens Miracle Network. The International House of Pancakes (IHOP) is a United States-based restaurant chain that specializes in breakfast foods and is owned by DineEquity. The chain had more than 1950 restaurants in all 50 states, the U.S. Virgin Islands, Canada and Mexico. Since 2006, IHOP’s National Pancake Day celebration has raised over $1.85 million. In 2008, over 1.5 million pancakes (12 miles high if they were stacked) were given to customers for donations.

Denny’s (“Denny’s Diner”) is a full-service diner/family restaurant chain in the United States. It operates over 2,500 restaurants in the United States (including Puerto Rico), Canada, Curaçao, Costa Rica, El Salvador, Jamaica, Japan, Mexico, and New Zealand). The resto chain is known for always being open, serving breakfast, lunch, dinner, and dessert around the clock.

Today, Denny’s operates about 1,600 restaurants in all 50 U.S. states, Canada and Mexico. There are also about 578 Denny’s restaurants in Japan operated under a license by a subsidiary of Seven & I Holdings, seven Denny’s locations in New Zealand, and approximately 38 Denny’s diners in the United States. Denny’s headquarters is now located in Spartanburg, South Carolina, headquarters of the parent company Trans World Corporation that acquired Denny’s in 1987.

Denny’s was historically notable for offering a free meal to anyone on their birthday. The offer included a limited number of meal options from a special birthday menu. The promotional ritual ceased in 1993, though occasionally individual franchises will continue the tradition.

In 2008, Denny’s has ceased to be in the ranks among the top diner chains in the $83 billion breakfast market, whose top five firms — McDonald’s, Starbucks, Dunkin’ Donuts, Burger King and IHOP — accounted for 22 percent of the volume. “A lot of consumers have written Denny’s off their let’s-go-there list,” said Ron Paul, president of Technomic, a consulting firm.

Super Bowl XLIII was an American football game between the American Football Conference champion Pittsburgh Steelers (15–4) and the National Football Conference champion Arizona Cardinals (12–8) to decide the National Football League (NFL) champion for the 2008 NFL season. It was played on February 1, 2009, at Raymond James Stadiumin Tampa, Florida. It has an attendance of 70,774 and 98.7 million viewers. Pittsburgh earned its sixth Super Bowl win, thus securing sole possession of the record for most Super Bowl wins.

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SpaceX scrubs Falcon I rocket launch

Monday, November 28, 2005

SpaceX called off the much-delayed inaugural launch of their new Falcon 1 rocket on Saturday from Kwajalein’s Omelek Island launch site. The intent was to launch the U.S. Air Force Academy’s FalconSat 2 satellite, which will monitor plasma interactions with the Earth’s upper atmosphere and magnetosphere.

The launch was delayed, then finally cancelled after an oxygen boil-off vent had accidentally been left open. The oxygen was unable to cool the helium pressurant, which then proceeded to evaporate faster than it could be replenished. A main computer issue, probably serious enough to cause a scrub on its own, was also discovered.

This long-anticipated flight was originally expected to be launched in January 2005, however a series of setbacks forced a series of delays, with the flight most recently scheduled to be in early 2006. It was intended to be launched from the Kwajalein atoll in the middle of the Pacific Ocean.

The maiden voyage was originally intended to launch from Vandenberg Air Force Base in California with a Naval Research Laboratory satellite and a Space Services Incorporated space burial payload.

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Business Energy Advice

Earn Extra Cash By Taking Part In Surveys

By Steve Hill

I have just heard about another way of making a little bit of extra money. This is by taking part in different surveys for a range of companies who are looking to find out more about their customers or potential customers. You may think just like I did that this would hardly be worth your time or effort, however you may be surprised when you realise you much these companies are willing to pay.

A few days ago a friend of my step-daughters came round to our house to play. They are both twelve years of age and have known each other since primary school. This friend also stopped at our house for her evening meal and while at the dining table, eating her food, she started up quite an interesting conversation. She asked my step-daughter if she would be interested in joining her to take part in a survey which would be about the subject of childrens banking.

[youtube]http://www.youtube.com/watch?v=dtAGlcX91Q0[/youtube]

I started to ask this girl, who is called Emma, what would be involved. Emma replied that a lady would be going round to her house on Saturday morning and would be asking her a series of questions about banking, for example who she banks with and how much money she attempts to save as a twelve year old. She continued that the meeting would last around an hour and a half for which she would be paid 20. If she then also kept a form of diary for a week, she would then receive another 10.

My step-daughter suddenly became very interested and asked me whether she would be able to go aswell, I told her that she could.

Emma then told our family that she regularly took part in these surveys and had been introduced to the idea by a friend of her mothers. She stated that on average she made around 100 a month from taking part and completing these surveys, not bad for a twelve year old. I joked by asking her whether I could also go around on the Saturday. Emma replied that this survey was only aimed at schoolchildren but that her parents also regularly took part in other surveys and that she would let me know when the next one was going to take place.

The Saturday arrived and I took my step-daughter to Emma’s house. I started talking to her parents while I waited for the meeting to finish. Her parents then told me about their own experiences of completing different surveys and stated that even though it is not a massive amount of money that it is a lot for what you have to do. They also said that it helped them to pay a number of bills each month.

My step-daughter really enjoyed the meeting and came out kissing her 20. It beats washing your car, she said to me with a huge grin on her face.

About the Author: Steve Hill helps to promote a number of websites including:

stutter-cure.comalglas.comblog.phobias-help.com/blog

Source:

isnare.com

Permanent Link:

isnare.com/?aid=62383&ca=Internet