Friday, June 13, 2014

Ban smoking at the Caldwell Events Center

The city of Caldwell is looking to ban smoking at the Caldwell Events Center and surrounding areas with violations punishable by a $100 fine.
The potential ordinance would prohibit the use of tobacco or electronic cigarettes within the gated areas of Simplot Stadium, Wolfe Field Baseball Stadium, O’Connor Field House and Gabiola Field.
The move is, in part, to protect the more than $1 million in upgrades to Simplot Stadium made by the College of Idaho, including the new turf installed for college football, which is making its return to Caldwell after 37 years.
“We’re looking at that obviously to protect the investments the college has made with AstroTurf,” Caldwell Mayor Garret Nancolas said, adding smoking and synthetic grass don’t mix well together.
College of Idaho spokesman Jordan Rodriguez said, like any synthetic surface, the turf could be damaged by contact with cigarette butts or ash. He also stated the college will follow the lead of the Caldwell mayor and supports the proposal.
The actual boundaries will depend if all parties, including the Canyon County Fair and the Caldwell Night Rodeo, are on board with the ordinance.
Canyon County Commissioners signed a resolution June 5 in support of a smoking ban at the county-owned Gabiola Field, located next to Simplot Stadium.
“It’s in-sync with the rest of the smoking restrictions in Simplot Stadium,” Canyon County Commissioner Steve Rule said during the signing.
One of the tenants at the events center, the Canyon County Fair, already discourages smoking during the fair. Fair Administrator Rosalie Cope said an ordinance will help Caldwell police officers enforce that rule.
An ordinance to ban smoking will still have to go before the Caldwell City Council before a decision is made.

Tuesday, June 10, 2014

Tobacco company fights anti-smoking laws by importing cheap cigarettes

The Australian government’s active efforts to induce a cross-country reduction in smoking by causing a hike in taxes and plain packaging rates in smoking rates are being undercut by tobacco companies. The tobacco giant British American Tobacco Australia (BATA) has introduced a $13 pack of 25 cigarettes into the Australian market.
These ‘cut-price’ line of cigarettes, known by their shelf name of Rothmans, claim to be the cheapest on the market and are enticing more people to smoke due to their inexpensive price tag. Despite infuriating anti-smoking lobbying campaigns, BATA hinted at the possibility of lowering cigarette prices even further to cater to the new demands of the cut-price line of cigarettes.
It is a  well-known fact that high cigarette prices are major deterrents for smokers, cigarette suppliers are justifying selling cut-price line cigarettes as strategic motions to retain market shares in an industry that is facing tough government opposition.
The government implemented cigarette taxes last December that saw a 12.5 percent tobacco excise each year over a four year period, increasing the average price of a pack of cigarettes to between $20 and $25 while simultaneously raising approximately $5 billion in government revenue.
On the contrary, BATA spokesperson Scott McIntyre made claims that the increase in cigarette taxes has driven consumers, especially between the ages of 18 years and 30 years, to search for cheaper options. According to BATA, the cheap cigarette sector saw a 66 percent increase in the past five years, with more than 42 percent of all cigarettes being priced under $15 per pack.
Health campaigners have called for even stronger government actions to curb the trend of increasing smoking rates as a result of cut-price line cigarettes. Anti-smoking campaigns are pushing for an absolute minimum price for cigarettes across the board and the subsidization of nicotine patches to encourage smokers to quit rather than take up smoking

Monday, June 9, 2014

The smoking gun

On Wednesday, ABC News reported “a gun-control organization led by former Rep. Gabrielle Giffords and her husband…outlined plans Tuesday to support candidates in at least 11 congressional races this year who have backed efforts in Congress to enact stricter gun control laws.”
There are topics that are a constant source of high-intensity angst no matter what is going on in the world. It takes something as catastrophic as 9/11 to distract us from almost daily arguments about abortion, taxes and of course guns.
Since the Colorado theater and Sandy Hook shootings in 2012 the debate about guns has been more intense than ever, with those favoring more gun control highlighting every gun crime that can make it onto a meme and the guns rights advocates parading a host of staunch supporters who almost dare anyone to attempt to take their weapons.
To be certain, gun advocates have their share of caustic orators, the most recent of which appears to be Samuel Joseph Wurzelbacher aka Joe the Plumber, who made a number of very important and salient points about the right to own and use firearms but unfortunately started his piece with “your dead kids don’t trump my Constitutional rights.”
While it’s true that they don’t, such an insensitive and poorly-worded comment isn’t likely to open up any hearts and minds to consider the rest of what you have to say, Joe.
And unfortunately Joe isn’t alone. From videos made of guys feeling the need to mock gun control advocates by carrying rifles around while shopping to the Wayne LaPierre of the National Rifle Association, the country’s most prominent pro-gun advocacy group, who manages to make statements that are blatantly false half the time he opens his mouth, it's apparent that gun rights advocates sometimes shoot first and ask questions later...figuratively speaking.
Their opponents typically say this is part and parcel of anything the right supports, and yet, a little intellectual curiosity is in order when examining issues where we are so deeply divided with each side sometimes unwavering. Is there a reason gun advocates sometimes go a little too far or use extreme rhetoric in defending what they perceive to be their rights?
The 2nd Amendment does indeed state “A well regulated militia, being necessary to the security of a free state, the right of the people to keep and bear arms, shall not be infringed” and anti-gun advocates argue that there was never any intent to bear arms other than for such a militia. However, in D.C. vs. Heller, the Supreme Court attempted to put the right to bear arms in a modern-day perspective. Aware that the Founders could not have envisioned the power of weapons we have today, they ruled “Like most rights, the Second Amendment right is not unlimited. It is not a right to keep and carry any weapon whatsoever in any manner whatsoever and for whatever purpose." However, they also affirmed “the Second Amendment protects an individual right to possess a firearm unconnected with service in a militia, and to use that arm for traditionally lawful purposes, such as self-defense within the home. "
But for anti-gun advocates to be so active in their strong desire for more gun control, surely there must be a compelling reason, and they would argue what seems to be a reasonable point. Between 1980 and 2006, an average of 32,300 people lost their lives annually due to gun violence, predominantly homicide or suicide, and compared to other industrialized countries, violence and firearm death rates in the United States are disproportionately high. These facts and the lives lost shouldn’t be taken lightly.
Of course there is a great deal of disagreement about how to address it. The left seems to be concerned about these deaths and as a result, has consistently pushed for greater gun control. While more thorough background checks certainly seem to be a no-brainer and in some cases Republicans have opposed them, there seems to be little acknowledgement that any laws attempting to infringe on the legal use of guns are not only often unconstitutional, but they also aren’t likely to be effective. Criminals, after all, do not obey the laws to begin with so they are not going to be affected by more laws that infringe of the rights of law-abiding citizens and in fact, such laws can potentially give criminals a competitive advantage. Meanwhile there are other areas that need to be addressed such as our inadequate mental health treatment system, harsher penalties for gun crimes and addressing the illegal gun trade that would have a greater effect on reducing gun crime without infringing on constitutional rights.
What is more puzzling, however, is the amount of attention paid to an issue that seems very serious in and of itself but in fact, pales in comparison to other toxic activities we engage in. Cigarette smoking, for example, is the major cause of a whopping 480,000 deaths per year in the U.S. nearly sixteen times the number of gun-related deaths. Even if you add in non-fatal gun injuries the total is nearly five times as high.

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Billionaire Singer’s Smoking Gun Sparks Default-Risk Jump

The upfront cost of protecting $10 million of the nation’s debt against non-payment for three months has almost doubled to $734,046 since May 27, when the U.S. Supreme Court scheduled a conference this month to decide whether to hear Argentina’s appeal of an order to repay creditors. Newspaper Clarin reported on May 28 that Argentina’s lawyer recommended in a memo that the nation default if the petition is denied.
With interest payments on $13 billion of bonds at risk June 30 if the U.S. court rejects Argentina, the nation’s debt securities are the most expensive in the world to protect using default swaps. A lawyer for hedge fund Elliott Management Corp., one of the creditors from Argentina’s default in 2001 holding out for better terms, told a judge on May 30 the leaked memo may be “the smoking gun” showing Argentina plans to defy U.S. courts and default.
“People had become a little too comfortable,” Ray Zucaro, who helps manage $390 million at SW Asset Management LLC, said by telephone from Newport Beach, California. “Once people saw Argentina’s thought process in black and white, it brought it to the forefront of people’s minds.”

Swap Volatility

A rejection of Argentina’s appeal would leave intact a 2012 ruling requiring the country pay holders of debt left over from its 2001 default in full when it pays restructured notes.
Jesica Rey, a spokeswoman for the Economy Ministry, didn’t reply to an e-mail seeking comment on the memo or plans to default.