Presidential speeches should have to be broadcast by just one station

first_img Receive email alerts February 3, 2010 – Updated on January 20, 2016 Presidential speeches should have to be broadcast by just one station News Follow the news on Venezuela News A milestone in government misuse of the broadcast media was reached when President Hugo Chávez delivered his 2,000th networked speech or “cadena” yesterday on the 11th anniversary of the start of his first term.The “cadenas” are nowadays enforced under the 2004 Radio and TV Social Responsibility Law (Ley Resorte), which in theory just ensures that the government and state agencies are given broadcast time for public announcements.In practice, the law allows the president to deliver long-winded speeches that are broadcast simultaneously on all the terrestrial TV stations and some of the cable ones. Under pain of a heavy fine or suspension, the stations concerned have to transmit a networked signal provided by the main state broadcaster, Venezolana de Televisión (VTV).President Chávez’s total time on the air in the course of the 2,000 “cadenas” adds up to around two months of non-stop talking. This does not include the show called “Aló Presidente,” which Chávez himself hosts every Sunday on VTV.The latest episode in the government’s war with RCTV Internacional (RCTVI) has underscored the problem posed by the “cadenas.” What right does the president, who already has his own Sunday programme, have to inflict his speeches on so many stations when one would suffice? Especially when he can impose a “cadena” whenever he likes and for as long as he likes. Used in this manner, the “cadenas” violate each station’s right to choose its own programming, the right to a pluralist debate, and every viewer and listener’s freedom of choice.A public figure must accept being the target of criticism and caricature. It is true that some privately-owned media went too far when they supported an attempted coup against Chávez in April 2002 but that is now being used by the government as an argument for punishing them by means of the “cadenas.”It is also used as a justification for bringing systematic charges against outspoken media, for deliberately branding mistakes as lies, and for identifying any criticism of the government as “conspiracy against the state.”The most recent example of this came on 29 January, when communication and information minister Blanca Eeckhout accused the daily Tal Cual of camouflaging “calls for violence” as humour. She was alluding to columnist Laureano Márquez, whose satirical comments have angered the president’s office in the past and cost the newspaper fines totalling 50,000 dollars.Similar accusations were made against Miguel Ángel Rodríguez of RCTVI when the station was temporarily barred from broadcasting by cable.The current climate of polarisation has fuelled a series of demonstrations by students in which two students were killed and at least five journalists were injured or attacked.(Photo : AFP) to go further New wave of censorship targeting critical media outlets VenezuelaAmericas RSF_en VenezuelaAmericas center_img News August 25, 2020 Find out more Coronavirus “information heroes” – journalism that saves lives Help by sharing this information News January 13, 2021 Find out more Two journalists murdered just days apart in Venezuela Organisation June 15, 2020 Find out morelast_img read more

Could the ‘Wealth Effect’ Mean More Homes on the Market?

first_img Previous: Forbearance Update: How Are Rates Changing? Next: $1 Billion Joint Venture Focuses on SFR Market Demand Propels Home Prices Upward 2 days ago April 27, 2021 875 Views in Daily Dose, Featured, Market Studies, News Could the ‘Wealth Effect’ Mean More Homes on the Market? It’s been something of an unpredictable past year for the housing market, but that will not stop economists and other experts from analyzing and predicting. First American Chief Economist Mark Fleming’s Real House Price Indicator (RHPI) data showed rising equity levels, which typically would lead to more homeowners willing to sell. But, Fleming explains in the report published Tuesday why equity won’t necessarily spur many homeowners to list their homes for sale.Equity can lead to the so-called “wealth effect,” a phenomenon that typically prompts property sales, Fleming says, but in these market conditions, things are likely to be different.“The rapid pace of annual nominal house price appreciation, just over 14% in February, begs the question: isn’t rapid house price growth good news for existing homeowners looking to move? According to a behavioral economic theory dubbed ‘the wealth effect,’ homeowners are more likely to move if they feel ‘wealthier’ because the value of their home rises,” said Fleming. “Yet, that homeowner would be entering the housing market at a time when all the other homes in the area have likely appreciated by the same amount. While the homeowner’s equity gains boost wealth, the equity gains allow the homeowner to keep pace with the housing market, rather than outpace it.”The aforementioned situation is creating an environment heavy with first-time buyers.“Wealthier homeowners may feel locked into their existing homes, but first-time homebuyers have no such financial lock. As of December 2020, nearly 50 percent of all purchase mortgages originated by Fannie and Freddie went to first-time home buyers. Additionally, buying a home is often prompted by lifestyle decisions more so than financial considerations,” said Fleming. “Despite a likely increase in the lock-in effect if rates continue to rise, we expect home sales will continue to remain robust, but it won’t necessarily be fueled by existing homeowners moving out and moving up as a result of the wealth effect.”The three components of the RHPI, according to Fleming, are household income, mortgage rates, and a nominal house price index.”The RHPI adjusts nominal house prices according to changes in income and interest rates, which together make up consumer house-buying power. When incomes rise, house-buying power rises as well,” Fleming explains. “However, when mortgage rates rise, house-buying power declines. Similarly, house-buying power declines when unadjusted nominal house prices rise.”What follows are several highlights from First American’s report.Real house prices increased 1.6% between January 2021 and February 2021.Real house prices declined 1.3% between February 2020 and February 2021.Consumer house-buying power, how much one can buy based on changes in income and interest rates, increased 0.1% between January 2021 and February 2021, and increased 15.6% year over year.Median household income has increased 6.4% since February 2020 and 77.0% since January 2000.Real house prices are 25.0% less expensive than in January 2000.While unadjusted house prices are now 23.8% above the housing boom peak in 2006, real, house-buying power-adjusted house prices remain 47.2% below their 2006 housing boom peak.Fleming goes on to break down these findings regionally, explain his methodology, and offer more market insights at blog.firstam.com. Home / Daily Dose / Could the ‘Wealth Effect’ Mean More Homes on the Market? Data Provider Black Knight to Acquire Top of Mind 2 days ago The Best Markets For Residential Property Investors 2 days ago About Author: Christina Hughes Babb Related Articles Data Provider Black Knight to Acquire Top of Mind 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Demand Propels Home Prices Upward 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. 2021-04-27 Christina Hughes Babb The Week Ahead: Nearing the Forbearance Exit 2 days ago Sign up for DS News Daily Share Save Servicers Navigate the Post-Pandemic World 2 days ago The Best Markets For Residential Property Investors 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago  Print This Post Subscribelast_img read more

Peterson nails late jumpers as SU fights off Clemson to end regular season with road victory

first_imgAs Clemson climbed nearly all the way back, Syracuse went to its leading scorer.Holding only a two-point lead with 1:45 left, Alexis Peterson stepped back at the top of the key and knocked down a crucial jump shot.And after Clemson’s Shelbie Davenport made a 3-pointer to cut the lead to one, Peterson hit a nearly identical shot, again at the top of the key to keep the Orange in the lead with 58 seconds left.“That really won the game for us,” SU head coach Quentin Hillsman said. “… It was huge. If she doesn’t make those, it’s a way different situation.”No. 23 Syracuse (21-8, 11-5 Atlantic Coast) held off a late Clemson (9-19, 1-14) run to secure the 60-55 win on Thursday night at Littlejohn Coliseum. Four Syracuse players finished in double-figures, a stat that Hillsman has highlighted as a goal for each game.AdvertisementThis is placeholder textEarly in the second half, Diamond Henderson suffered what appeared to be a serious left knee injury. Later in the game, she sat on the bench with ice on her leg and Hillsman said she will be evaluated when the team returns from the road.SU has already secured a first-round bye in next week’s ACC tournament and will receive a double bye if Duke loses to North Carolina on Sunday.Either way, Hillsman said if his team can hit shots and get organized in its full-court press like it did on Thursday, Syracuse could make a deep postseason run.“We can turn people over and create offense with our defense,” Hillsman said, “and you never know how far we can go.”Early on in Thursday night’s game, it looked as if the Orange would close out the regular season with an easy win. Forcing Clemson into 13-first half turnovers, SU led by 10 at the half and by 16 with 15 minutes left.“We did a very good job of applying our pressure and everything,” Hillsman said, “so we came out and made our stops early and was able to get our defense set.”But with a 50-36 lead and 11 minutes left in the game, Clemson made a 19-6 run. Nikki Dixon and Tiffany Lewis combined for 13 of the Tigers’ points as CU took advantage of SU’s 1-for-11 stretch from the field — which Peterson ended by hitting the two jump shots at the top of the key to push the Orange to 58 points.Said Hillsman: “We just got organized and got some rebounds and I thought that was the key.” Comments Facebook Twitter Google+ Published on February 26, 2015 at 11:03 pm Contact Paul: [email protected] | @pschwedslast_img read more