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Watching the bombs fall

first_imgSoto had never anticipated such an event when he first decided to sign up for the Marines. As a 23-year-old working for a landscaping company in Hollywood, the Texas native was walking down the street one day in 1940 when he saw a military poster. “There was this Marine guy on there, and boy he looked sharp up there,” Soto said. “It said, `Join the Marines and see Guatemala, Australia, Japan.”‘ That was all it took for Soto to enlist. Pretty soon, the private was in training in San Diego and then assigned to the USS New Orleans, which would be his home for the next three years. At the small Alhambra back house where Soto now lives, one wall of his living room is dedicated to his time in the service. The front page of an old newspaper from the day after the Pearl Harbor attack is encased. Next to it, are pictures of Soto in his military uniform and a shadow box with several medals inside. Among them is a purple heart. Soto received it after he was wounded during the November 1942 Battle of Tassafaronga, near Guadalcanal. “I remember it was dark,” he said. “You couldn’t see your hand in front of your face. All of a sudden, zoom. We felt the (Japanese) torpedoes.” Soto was standing next to his 5-inch anti-aircraft gun when he heard an explosion. “I got hit in the head and the shoulder, and I was knocked unconscious,” he said. “No one saw me.” Dozens of men on his ship died, and several U.S. ships in the battle were badly damaged or sunk. On the New Orleans, damage to the ship’s hull sank the stern of the cruiser, but the crew managed to keep the ship afloat. After finally being discovered by sailors, Soto was taken to safety and treated for his wounds. Soto was promoted to sergeant in 1943 and discharged in 1946. He got married shortly after and had two children, but he got divorced in the 1980s. Before retiring 20 years ago, Soto worked for the postal service and then as a secretary for a Los Angeles junior high school. Every now and then, a bad memory slips in. “When you see all those bombs exploding, bobbing heads in the water, waiting to be rescued – it’s a lot,” he said. “I’ll never forget that day. I’ll never forget it.” [email protected] (626) 962-8811, Ext. 2109160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! “I remember that morning I was up at 6 a.m.,” the 89-year-old said. “Breakfast was at 8 a.m., so I started polishing my rifle, shining my shoes. I was passing the time.” When the emergency sirens went off, Soto dropped everything and ran up on deck only to see other U.S. ships “taking a heavy beating” in what has become an infamous day in U.S. history. Soto’s ship – a 9,000-ton heavy cruiser – was in dry dock at the time, sans power and under repair. About two hours later, as quickly as everything had begun, the attack that would eventually lead the U.S. into World War II was over. “We got a lot of survivors,” he said. “They were burned very bad, very bad. There was a lot of damage done. The Japanese did more damage that day than the whole war. I will never forget that day.” ALHAMBRA – It was about 7a.m. on Dec. 7, 1941, when Joe Soto heard the sirens aboard the USS New Orleans go off, signaling an emergency. “All of a sudden we heard, `All hands to battle stations, all hands to battle stations,”‘ Soto said. “`This is not a drill.”‘ A fleet of Japanese planes and midget submarines had begun their surprise attack on Pearl Harbor. Soto was shining his shoes. last_img

Investors turn back to stocks

first_img That leaves stocks. According to Kleintop, earnings per share for companies listed in the Standard & Poor’s 500 index have risen 46 percent since 2001 and dividends per share are up 39 percent. Yet a stock’s value, measured by comparing its price to potential earnings, has declined. In 2001, stocks were priced about 22.2 times forward earnings, compared to 13.8 times forward earnings today, Kleintop said. In other words, while a given stock may have risen or fallen over the past five years, stock investors could get more for their dollar overall on Wall Street. There’s evidence that investors are already moving back to stocks. Mutual fund companies reported strong inflows through the second half of 2005. And in the first two weeks of 2006, E-Trade Financial Corp. said it has seen a 50 percent increase in walk-in traffic at its New York financial center. On Monday, when the Dow first topped 11,000, E-Trade’s trading traffic saw a two-year high. “I definitely think you’re seeing more investor confidence in the marketplace,” said Michael Curcio, executive vice president for retail at E-Trade. “But it’s also a different kind of investor than we saw during the dot-com bubble.” In the 1990s, investors jumped on anything in the tech sector, regardless of whether the companies even planned to turn a profit in the near future. That exuberance, which was all but destroyed when the tech-focused Nasdaq dropped 78 percent in just 2 years, has been replaced by a new appreciation of well-established, profitable, dividend-paying companies. “It’s not a sector play. There’s no real huge leader like tech was in the `90s,” Kleintop said. “It’s about finding the right company with a compelling story.” 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREGift Box shows no rust in San Antonio Stakes win at Santa Anita Since the dot-com bubble burst in 2000-01, the housing market has taken off. The number of home sales climbed steadily since 2001, the last time the Dow was at 11,000. And while the Dow eventually fell to 7,286.27 on Oct. 9, 2002 – the nadir of the bear market – home prices have doubled or even tripled in some areas, such as New York, San Francisco and southern California. Yet recent evidence suggests the housing market is slowing. Existing home sales are expected to fall 4.4 percent in 2006 after years of record sales, while new construction is expected to drop 6.6 percent, according to the National Association of Realtors. And the median price of a home, forecast to rise 12.9 percent for 2005, is expected to climb just 5.1 percent this year – a solid increase, but small compared to the ones real estate investors have enjoyed over the past few years. “Baby boomers are turning 60, and they’re working to build up those nest eggs for retirement. For some that are running behind, that means putting at least some of that nest egg into more aggressive investments,” said David Kelly, senior economic adviser at Putnam Investments in Boston. “For a while, that was real estate or high-yield bonds. Not anymore.” Investor confidence in high-yield bonds has been shaken over the last year as the at-risk companies that issue them have struggled – just look at General Motors Corp.’s bonds, which tumbled in value, or those of Refco Inc., the one-time financial services darling that plummeted into bankruptcy after its chief executive allegedly hid $430 million in bad debts off the books. Even government bonds have been volatile, with the yield curve inverting in the last week of 2005. Normally, long-term bonds like the 10- or 30-year yield more than a two-year or shorter-term note, because the government is borrowing the principal longer. But when the curve inverted, the two-year had better returns than the 10-year and increased investors frustrations. NEW YORK – Bruce McMeiken has had a good run investing in real estate near his Orange County, Calif., home. Now, however, he thinks there’s a better place for his money: the stock market. “I don’t think we’re all the way back yet in stocks, but I believe there’s some good bargains out there,” said McMeiken, a one-time dot-com executive. “Real estate’s been good, and I don’t think you’re going to see that bubble completely burst, but I think it’s time to look at stocks again.” Like other investors in the first half of the decade, McMeiken had success investing in real estate. But with sales slowing and home prices flat, there’s a concern that the real estate market is cooling. And with bonds experiencing worrisome trends and increased volatility, and the Dow Jones industrial average topping 11,000 this past week, investors have increasingly focused on stocks. “We’ve already seen individual investors showing some signs of interest in the fourth quarter, and something like Dow 11,000 just increases that interest,” said Jeff Kleintop, chief investment strategist for PNC Financial Services Group in Philadelphia. “This week could be the shot in the arm people need to really get back in again.” last_img

The Elders Call On US UK To Take Action To Stop Civilian

first_imgThe Elders today expressed shock and deep dismay over the latest incident of heavy civilian casualties in Yemen resulting from the Saudi-led aerial bombing campaign.They called on the United States and United Kingdom, the two permanent members of the UN Security Council who are the main supporters of the campaign, to take decisive steps to prevent further needless deaths.Over 140 people died and more than 500 were injured at a funeral hall in Sana’a, Yemen’s capital, when it came under repeated attack from the air on Saturday.Kofi Annan, Chair of The Elders and former UN Secretary-General, said: “Over the past 18 months, civilians have borne the brunt of this bloody conflict. All too frequently, protected locations such as hospitals and civilian gatherings such as weddings and, now, even a funeral have found themselves under attack. This is simply unacceptable. As the principal supporters of the Saudi coalition, we believe the United States and United Kingdom have the main duty to ensure there is no recurrence.”Independent researchers estimate that over a third of coalition air strikes have hit civilian targets. The Houthi rebels and allied forces have frequently also been guilty of breaches of international humanitarian law during fighting.The Elders noted that the US is “reviewing” its support for the Saudi-led military campaign in the wake of the weekend’s attacks and that the UK’s Foreign Office has raised its own concerns with Riyadh, stating that there can be “no military solution” to the conflict. Washington and London must now use their considerable leverage with Saudi Arabia to push hard for an early ceasefire and resumed negotiations for a political solution.They also called for much greater international attention to be paid to the desperate plight of Yemen’s civilian population. According to the UN, over half of Yemen’s 27-million people are suffering from malnutrition and in need of humanitarian assistance.last_img read more

Premier outlines multipronged plan in aftermath of tourist shooting

first_imgFacebook Twitter Google+LinkedInPinterestWhatsAppTurks and Caicos, June 27, 2017 – Providenciales – A new building will be bought to house the CCTV program, more police will be hired to man that CCTV system, government will work with churches on a plan to change the downward social spiral of some of the young men in our society who are opting for a life of crime and coming is a more serious approach to rehabilitation with employment options for former offenders.These were some of the main points coming from a late day media statement by Premier Sharlene Robinson, who was criticized by some for having not yet responded to the shooting, where an Alabama man was on Friday shot in the abdomen, in a suspected robbery while walking in Grace Bay near his resort.   The Turks and Caicos is a low crime destination, and that is why this sort of incident has infuriated residents who are perplexed by the consistent threat these type of reports and incidents place upon the country’s bread and butter industry, tourism.The Premier had some thanks to go around too, including to Interhealth Canada who kept Newman alive, stabilized him in order for him to be medically evacuated.   Premier Robinson called on those who have information in the case to reveal it to Police and said over the next few days, weeks and months her office in tandem with Ministry of Tourism will launch an aggressive positive campaign to counter the negative news which has gone out since the shooting of Newman on Friday.Diamond Public Relations and Social Media based in Miami and Los Angeles, Magnetic Media has found, has been hired by the TCI Tourist Board to assist with this positive messaging.#MagneticMediaNews#CCTVprogram#Premieroutlinesplantocurbcrime Related Items:#CCTVprogram, #magneticmedianews, #Premieroutlinesplantocurbcrime Facebook Twitter Google+LinkedInPinterestWhatsApplast_img read more

Calabria Higuain is AC Milans Ronaldo

first_imgAC Milan full-back Davide Calabria has risen to Gonzalo Higuain’s defence following his recent struggles by claiming that he’s “our Cristiano Ronaldo”The Argentine striker joined Milan last summer on a season-long loan deal after finding himself surplus to requirements at Juventus due to Ronaldo’s blockbuster arrival from Real Madrid.But things at the San Siro haven’t got off to the smoothest of starts for Higuain with just six goals in 15 Serie A games this term.This has led to reports of a move to Chelsea in this month’s transfer window with Milan allegedly unwilling to continue paying Higuain’s salary and the €40m buy option for next season.Calabria, on the other hand though, is convinced Higuain remains a key part for Milan and described what he brings to the team.Franck Ribery, FiorentinaFiorentina owner: “Ribery played better than Ronaldo!” Andrew Smyth – September 14, 2019 Fiorentina owner Rocco Commisso was left gushing over Franck Ribery’s performance against Juventus, which he rates above that of even Cristiano Ronaldo’s.“I told my agent that I’d never seen a striker like Higuain. He’s very good and always done well wherever he’s played,” Calabria told GazzaNet.“Is there a problem with him? No, there isn’t. He’s having a tough time, which can happen, but he’s our Cristiano Ronaldo, given us prestige and something more to the team in general terms.“He’s won a lot and he has so much experience.”Milan will take on Higuain’s parent club Juventus in the Supercoppa Italiana next Wednesday.last_img read more

Princeton geoscientists report Greenland ice sheet melting rate is increasing

first_img Citation: Princeton geoscientists report Greenland ice sheet melting rate is increasing (2012, November 20) retrieved 18 August 2019 from https://phys.org/news/2012-11-princeton-geoscientists-greenland-ice-sheet.html More information: Mapping Greenland’s mass loss in space and time, Published online before print November 19, 2012, doi: 10.1073/pnas.1206785109 (PDF)AbstractThe melting of polar ice sheets is a major contributor to global sea-level rise. Early estimates of the mass lost from the Greenland ice cap, based on satellite gravity data collected by the Gravity Recovery and Climate Experiment, have widely varied. Although the continentally and decadally averaged estimated trends have now more or less converged, to this date, there has been little clarity on the detailed spatial distribution of Greenland’s mass loss and how the geographical pattern has varied on relatively shorter time scales. Here, we present a spatially and temporally resolved estimation of the ice mass change over Greenland between April of 2002 and August of 2011. Although the total mass loss trend has remained linear, actively changing areas of mass loss were concentrated on the southeastern and northwestern coasts, with ice mass in the center of Greenland steadily increasing over the decade. The two used data from the twin satellites used in the Gravity Recovery and Climate Experiment (GRACE) that orbit in tandem over the Earth. As they pass over the planet they measure very small differences in gravity between the two that correspond to the amount of mass below. In looking at data recorded during the period August 2002 to 2011, they were able to measure the changes in mass of the ice sheet that covers Greenland, which is second only to Antarctica in size.The two found that by analyzing GRACE data very closely they could actually pinpoint the parts of the ice sheet that were changing and by how much. They noted for example, that for the year 2003 to 2004, the bulk of melting occurred along the eastern coast of the island nation, whereas over the following year it was centered in the northeast. Surprisingly, they found that even as the ice sheet as a whole was losing mass, some mass was gained in central Greenland. It’s not known why this has happened, but it’s possibly due to higher amounts of snowfall that might have occurred.The melting of the polar ice sheets is believed to be associated with rising global temperatures, which in turn is believed by most scientists to be the result of increased amounts of carbon dioxide in the atmosphere due mainly to human pollutants. As the ice sheets melt, global sea levels rise. By studying melting rates, scientists are able to provide better estimates on how much the sea will rise and when. Current estimates put sea level rise at 0.1 inches per year. Using the numbers from their study, the researchers estimate that sea levels will rise 2.4 inches over the next century from just the melting that is occurring in Greenland. They also note that based on current numbers, it would take approximately 13,000 years for all of the ice in Greenland to melt. Journal information: Proceedings of the National Academy of Sciences Isua Supracrustal Belt Isua, south-west Greenland. Credit: University of Washington. Enhanced melting of Northern Greenland in a warm climatelast_img read more