Showing posts with label iNVESTMENTS. Show all posts
Showing posts with label iNVESTMENTS. Show all posts

Saturday, June 25, 2011

SINCE COMING UP SHORTLY MANDATORY FOR SENIORS

How to Get a Social Security Debit Card
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In the past, the Federal government mailed checks to recipients of
Social Security benefits, Social Security Supplemental income and
other types of Federal checks to the home address of the recipient.
Advances in the banking industry recently allowed those who received
checks to have the funds directly deposited in their accounts. The
Social Security has now introduced a debit card available to those
that don't have a bank account.
Difficulty: Moderately Easy
Instructions
1

Decide if you are eligible. The program is for those individuals who
receive government benefit checks from the Social Security
Administration but who don't have a bank account. Those that have bank
accounts have the option to elect direct deposit of their monthly
check into their bank accounts.

2


Determine if you are willing to accept the limitations of the program.
The debit card program is a special account set up for you to hold
your Social Security benefits. This account has a debit card issued to
the owner of the account that allows the owner to make withdrawals at
ATM machines and use the card at point of sale locations to purchase
all kinds of items. There are fees associated with the use of the
card. The owner can withdraw funds free once per month. Any further
withdrawals will be billed per transaction. The card may give you
quicker access to your money but will also cost you to use it more
than once a month.

3


Call the local Social Security office to request your card if you can
live with the limitations. Ask to sign up for the Benefit Security
Card program. They can process the request to have a card issued in
your name and sent to you. After the issuance of the card, direct
deposit will transfer your funds to the card's account at the bank
overseeing this program.


.

Read more: How to Get a Social Security Debit Card | eHow.com
http://www.ehow.com/how_2273568_get-social-security-debit-card.html#ixzz1QJzLRXi9--
Howard McGowan
MaldenSenior

Tuesday, June 7, 2011

Computer access @ Malden Community Senior Center

By Guest Blogger Kareem Dale, Special Assistant to the President, The White House

At the start of his Administration, President Obama identified transparency, participation and collaboration as the principles of an open government, requiring that government information and data be accessible to all citizens. To ensure that persons with disabilities have equal access, government agencies must buy and use accessible technology.

Monday, March 28, 2011

SENIORS OPINION HEALTH CARE LAW

Organizing Seniors: Moving the Dial


Reaching seniors with the truth about the health care law can be a challenge, but recent polls are showing a shift in opinion. Go to them and be prepared to answer specific questions.

Seeing benefits in the Affordable Care Act has been a challenge for seniors across the country. During the debate to pass the health care law, seniors heard a lot of misinformation from opponents of the law. Although combating these messages is challenging, public opinion among seniors is beginning to change. Last week, Kaiser Family Foundation released their latest tracking poll, which revealed increased support among seniors for the health law. This past month, unfavorable views of the law decreased by 7 percentage points and favorable views increased 8 percentage points. See the full report here: http://www.kff.org/kaiserpolls/8166.cfm.

This change is only the beginning. With an array of different policies in the law, it can become difficult to generalize about Medicare as a whole when speaking the people over 65. However, there have been real tangible benefits already in effect for seniors, such as Medicare doughnut hole rebate checks and free preventive services in Medicare. Advocates have found that stopping by local senior centers, senior living communities, and social clubs is the best way to reach seniors and spread the message about the benefits of the Affordable Care Act.

Thursday, June 24, 2010

Novo Nordisk spent $540K lobbying US gov't in 1Q

Market Commentary and Intraday News
Novo Nordisk spent $540K lobbying US gov't in 1Q
1 day ago

(AP:WASHINGTON) Danish drugmaker Novo Nordisk spent $540,000 lobbying the U.S. government in the first quarter of 2010, addressing drug importation and several diabetes-related issues, among other topics.

The drugmaker also lobbied on patent reform, and to improve access to care and treatment of diabetes patients.

The company's first-quarter total represented a 71 percent jump from the first quarter of 2009 but a slight drop from the $550,000 it spent in the fourth quarter of last year.

Besides Congress, Novo Nordisk lobbied the Patent and Trademark Office, the Department of Health and Human Services, the Centers for Medicare and Medicaid Services, and the Office of Management and Budget.

Among those registered to lobby for Novo Nordisk in the January-March period was Lauren Semeniuk, a former legislative director for Rep. Cliff Stearns, R-Fla., according to a report filed May 25 with the House of Representatives clerk's office.

Friday, February 26, 2010

Mass Senior Action Council Metro North Chapter

AS a local grass roots senior
run organization we are Committed
To empowering Seniors and Others to act collectively
Promote the rights and well being of all people
Particularly vulnerable Seniors.

GOALS FOR THE YEAR
Utilize resources for family care givers.
Expand senior services to under served neighborhoods
Lead public and private foundations and other non-profits toward the concept of having elder-ready communities.
Be more involved in city, county and community planning processes. Develop a volunteer coordination center. OUR CHAPTER MISSION
The mission of Metro North Chapter MSAC is to respond to the ever-changing needs of seniors and their families
Affect in positive ways their quality of life
Assist in maintaining their independence.
COME JOIN AN OUTFIT WITH THE 11,000 SENIORS IN MALDEN

MCfADDEN mANOR

TIME TO MAKE AMENDS AND PUT THIS SITE TO USE FOR MALDEN SENIORS
Get the Geratric Authority active on the issue for getting AFFORDABLE HOUSING AND A HEALTH CARE CLINIC(ADULT CARE CENTER) BUILT ON THE SITE.
.By Sharon Tosto Esker/malden@cnc.com
GateHouse News Service
Posted Apr 24, 2008 @ 05:49 PM
Last update Apr 24, 2008 @ 05:53 PM
Malden — Before the apartments and the
school were built off of Forest Street,
the land surrounding the McFadden Manor
was a sprawling country landscape complete
with cows, pigs, chickens, horses and a garden
to feed the people living on what was then
known as the “poor farm.”

“Where the school is now was primarily
corn fields,” said Arlene McGuire, the
granddaughter of James McFadden, the
nursing home’s namesake. “The apartments
next door were a cow pasture and horses
were there also.”

Arlene McGuire and her brother Paul McGuire
attended Monday night’s Friends of McFadden
meeting to give the nursing home’s supporters
an opportunity to hear what it was like to
live on the McFadden Manor premises during
the
late 1940s and 1950s, when they were just
children.

Built in the 1880s, the poor farm originally
housed Malden residents who were ill or in
need of a place to live.

The McGuires’ grandfather, James McFadden,
oversaw the farm from about 1922 through
1948. The McGuires’ parents, George and
Anne McGuire, took over two years after
McFadden left his post and raised their
family of six children, including Arlene
and Paul, on the farm.

It was only in 1955 that the facility was
converted to a full-time nursing home to
care for the city’s elderly population.

“If a family was burnt out [of their house],
or if children were abandoned, my father
would take them in,” said Arlene McGuire.
“There were people who really appreciated
it, especially the children.”

The McGuires recalled several holiday
memories, which were a community affair
when they were living on the property.

“My father used to decorate the pine tree
in the front with giant bulbs for Christmas
,” said Paul McGuire. “You could see all
through the neighborhood.”

And for Christmas and Halloween,
George McGuire were open the doors
to the facility and invite the neighbors
in to celebrate.

“My father believed that children should
not be going out door-to-door asking for
candy [on Halloween],” said Arlene McGuire.
“He said it wasn’t safe so he organized a
yearly Halloween party.”

Arlene McGuire brought several delicately
worn black and white photographs of her
family and past residents who had lived on
the McFadden Manor property. A few photos
showed residents getting their hair primped
and curled in the beauty parlor that still
exists at the McFadden Manor, but which
has long been out of service.

Paul McGuire even mentioned the jail cell
that remains in the basement of McFadden,
which has also been closed for decades.

“The jail downstairs was used for residents
who came home drunk until they sobered up,”
said Paul McGuire.

The McGuires felt compelled to recount
their memories to remind the Friends of
McFadden and its supporters how important
the facility was to them, and also to the
residents of Malden.

“I would hate to see this place closed down,
whether it was named for my grandfather or
not,” said Paul McGuire. “Just its reputation
is worth keeping it open.”

The most poignant moment of evening was

when Arlene McGuire read a letter to the
editor of a Malden newspaper from what she
believed was during the 1960s.
(The newspaper clipping was not dated.)

“I was surprised to read that consideration
was being given to the closing of the
McFadden Memorial Home by the city,”
wrote Ethel S. Greene, who lived on
90 Maple St. in Malden. “Having
first-hand knowledge of the care given
patients there, I have felt that it was
one thing of which the city of Malden
could well be proud.”

Greene’s words were reminiscent of
similar words being used by the
Friends of McFadden to save the
nursing home today.

“I believe that even if it should
cost a little more to care for patients
at McFadden Memorial Home, the
expenditure is justified, in view of
the homelike atmosphere and the
tender, loving care given the patients,
” Greene wrote.

When the McGuires had finished their
walk down memory lane, several meeting
attendees gathered around looking at the
photographs of the garden, the farmhouse
and Molly, their most favorite black and
white cow, as well as yellowed newspaper
clipping that detailed happenings like
the annual McFadden Manor Christmas party
sponsored by the Elks.

The McGuire family left the McFadden Manor
property in the late 1950s, but for both
Arlene and Paul McGuire, the farm will
always hold a special spot in their memories.

“I’ve always been sad that they closed
the farm,” said Paul McGuire. “Imagine
if it were still open? All of the
community and the children could come
to see the garden and experience a
real working farm. And all of the
residents could be occupied by taking
care of the garden and the farm.”

Meeting attendees said they were thrilled
by their special guests.

“The best part for me was taking them on
a tour (of the facility),”
said Valerie Folk,
whose brother is a McFadden Manor
resident. “Every corner we turned,
they’d say, nothing’s changed.
I don’t know how they remember everything.
It must have meant a lot to them.”

Friends of McFadden continue progress
Valerie Folk once again led the Friends
of McFadden meeting and provided the
group of approximately 30 attendees with
update on their progress to keep the
city-run nursing home open.

Since the last meeting, hundreds of flyers
and postcards have been distributed to
Malden residents across the city at
church services, community meetings
and even supermarket parking lots.

Folk is still trying to negotiate a
time for Mayor Richard Howard to give
the Friends of McFadden and their
supporters an update on where the
city stands on funding and the
future of the nursing home.
Howard had hoped to meet with
the group in April.

The Friends of McFadden are still
seeking potential members of a
board of directors to establish
a geriatric authority.
A geriatric authority would oversee
the daily administration of the facility,
as well as manage its own budget.

To establish a geriatric authority,
the board of directors would be
responsible for the day-to-day
management of the nursing home
such as dealing with federal and
state requirements for nursing homes,
medical updates, resident enrollment,
Medicare reimbursement and the budget.

The geriatric authority would be set up
similarly to the Malden Housing Authority,
which also runs independently from the
city’s budget.

“We’re looking for other members of the
community,” said Folk. “We’d like a grant
writer and a certified public accountant.
We’d also like people from the business
community.”

Folk told the group they need to move
quickly. Howard has committed to funding
the nursing home for the first six months
of fiscal 2009, which begins on July 1, 2008.

“We have to move quickly to establish a
geriatric authority before any moves are
made to privatize McFadden,” said Folk.
“We’ve made it clear that privatization
is not what we want. It’s also important
for us to keep the community informed
and involved.”

The Friends of McFadden are continuing
their efforts to stay in the forefront
of Malden’s residents’ minds.

“Looking at things since last November
when we started meeting regularly,
we’ve come a long way,” said Folk.
“But, in some respects, I’m a little
dismayed. I knew that there would be
some hurdles, but I would have thought
that by now we’d be sitting down with
the mayor to discuss the geriatric authority.
At the same time, though, I’m energized.
We had some new faces at the meeting
tonight and we continue to build support.”

The next Friends of McFadden meeting
will take place on Monday, May 5, at
6:30 p.m. at McFadden Manor on Forest Street.
All members of the community are invited
to attend.

— The Friends of McFadden have established
a Web site, which posts information about
upcoming meetings, at
www.FriendsofMcFadden.com.
The group can also be reached
by calling the McFadden Manor
at 781-322-1700. Staff members
will pass along messages
to the Friends of McFadden.

Copyright 2008 Malden Observer.
Some rights reserved
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Nice Photo..but2 years agoReport Abuse
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.....Make way for the new 'Howard Estates'
A Plush, High End Residence for the
affluent community, Units starting
at just under $599.000.
Cape Codder2 years agoReport Abuse
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I grew up on Gilbert Street not far
from McFadden Manor . I do remember
the farm and where the playground is,
I'm guessing because it's been a
long time since I have been back
to the old neighborhood. I remember
there was this nasty bull in the
field and he didn't like anyone
coming near the fence. He got loose
one day and razed havoc in the street.
I remember when the school was built
and many days of playing baseball and
football in the park. There is nothing
wrong in preserving the past.
The City of Malden should keep
McFadden Manor.
big jim2 years agoReport Abuse
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The more you learn the more sorry
this situation is. The poor farm
was closed and a school was built
along with some elderly housing
on the land. Now a second school
was built and a Nursing Home for
the Elderly which was converted
in 1955 to 'care for the cities
elderly population' was begun.
Now the Mayor for Life wants to
make sure that the city does not
live up to its obligations from
the past. Shame Richie Shame.
The best part of the article is
from Cape Codder who wrote of a
distant relative of the Mayor for

Life, a nasty bull that would not
let people too near. The Mayor won't
let people there live in peace just
like his ancestor the bull. Richie
your just like that old bull nasty
and full of .... Tell the truth for
a change and let the people that live
and work there what their future is and when.
Stop being a coward, it's not getting
you votes when you mistreat the old folks.
To: Big Jim2 years agoReport Abuse
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Nobody told you? The mayor doesn't care
about your vote anymore--he's not running
again. He's setting it up for his puppet,
Neil, to take his place. Notice how Neil
is playing like he's his own man now and
not going along with the mayor? Notice how
many articles have his name all over them?
Notice how he's got the kids from the
charter school doing his cleanup work?
Notice how he's got cameras up in
Maplewood the charter school paid for?
Get ready--the mayor is going to give
it to the McFadden people good!
The first poster is right on--
'Howard Estates' coming up!
Big Black BullSh**2 years agoReport Abuse
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Their all cutting and running,
their folding up, their getting
out- the damage is done, and
they made their monies, now we

sit there with dumb looks on our
faces at what they've done- and wonder
about what they first said to us in
their attempt to represent- it was all lies.
and look at my city...look for
our elderly....what now?...
what now.....can I get a witness..?.
.does the statute of limitations
effect local politicians? can we sue?
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Monday, December 29, 2008

Modern computerized systems

Modern computerized systems have links to online information on best practices, treatment recommendations and harmful drug interactions. The potential benefits include fewer unnecessary tests, reduced medical errors and better care so patients are less likely to require costly treatment in hospitals.

The widespread adoption of electronic health records might also greatly increase evidence-based medicine. Each patient’s records add to a real-time, ever-growing database of evidence showing what works and what does not. The goal is to harness health information from individuals and populations, share it across networks, sift it and analyze it to make the practice of medicine more of a science and less an art.

Saturday, October 11, 2008

PRESCRITION DRUGS (GENERICS)


4. Prescription Drugs

The FDA must certify all generic medications (including over-the-counter products) as having the same quantity of active ingredient, and no significant difference in performance, says Gabriel Levitt, vice president of research for pharmacy-rating site PharmacyChecker.com. Going generic could cost you as much as 50% less. Just ask your doctor to note on prescriptions when the generic equivalent is OK.

Even if you're insured, tiered co-pays can offer substantial savings for switching to generics, says Tod Marks, senior editor for Consumer Reports. Blue Cross Blue Shield New England, for example, charges $5 for most generic medications, compared with $10 to $25 for brand names. Fill a prescription through Target or Wal-Mart's $4 generic prescription program, and save even more.

Saturday, October 4, 2008

Hedge fund


From Wikipedia, the free encyclopedia


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Financial regulation


v • d • e
A hedge fund is a private investment fund open to a limited range of investors which is permitted by regulators to undertake a wider range of activities than other investment funds and which pays a performance fee to its investment manager. Although each fund will have its own strategy which determines the type of investments and the methods of investment it undertakes, hedge funds as a class invest in a broad range of investments, from shares, debt and commodities to works of art.

As the name implies, hedge funds often seek to offset potential losses in the principal markets they invest in by hedging their investments using a variety of methods, most notably short selling. However, the term "hedge fund" has come to be applied to many funds that do not actually hedge their investments, and in particular to funds using short selling and other "hedging" methods to increase rather than reduce risk, with the expectation of increasing return.

Hedge funds are typically open only to a limited range of professional or wealthy investors. This provides them with an exemption in many jurisdictions from regulations governing short selling, derivative contracts, leverage, fee structures and the liquidity of investments in the fund. A hedge fund will nevertheless voluntarily limit the scope of its activities via its contractual arrangements with its investors, in order to give the investors some certainty over what they are investing into.

The assets under management of a hedge fund can run into many billions of dollars, and this will usually be multiplied by leverage, meaning that their influence over markets is substantial. Hedge funds dominate certain specialty markets such as trading within derivatives with high-yield ratings and distressed debt.[1]