Thursday, August 1, 2013

Brother of NFL player sentenced for dealing pain killers

HARTFORD -- The brother of a former Brookfield High School and UConn football star will be spending 27 months in prison for selling painkillers to an undercover U.S. Drug Enforcement Administration agent and a government informant.

U.S. District Judge Vanessa L. Bryant imposed the sentence on Kyle Lutrus, 28, of 10 High Ridge Road, Brookfield. In addition to the prison term, Lutrus was ordered to forfeit $60,000 and his 2005 Honda Accord to the government. The $60,000 represents the cash down payment he made on the High Ridge Road home he purchased for $295,000.

Lutrus is the brother of Scott Lutrus a linebacker with the Indianapolis Colts who missed all of last season after tearing his ACL in an exhibition game.

Kyle Lutrus was arrested by the DEA after he sold approximately 343 pain killers to an undercover agent.

Lutrus told U.S. Probation Officer Timothy Donahue that he bought and sold oxycodone from December 2011 to December 2012 to "support my habit as I was using at that time with my girlfriend." He estimated that his habit was costing $800 a week.

Since then, Lutrus, who has his electricians' license, quit his addiction "cold turkey."

Lutrus told Donahue he feels "horrible" about selling drugs and "I don't want it on my conscience."

But Assistant U.S. Attorney David X. Sullivan countered those comments.

"Apparently, the defendant's horror does not weigh heavily enough on his conscience to allow him to identify his sources of supply of oxycodone or the names of his customers," Sullivan said. "The defendant's feigned concern for those to whom he sold oxycodone is nothing more than crocodile tears."

Assistant U. S. Public Defender Paul Thomas pointed out in court papers that his client, a first-time offender, is in recovery and has a "solid history of gainful employment."

"Kyle Lutrus deviated disastrously from his positive and productive lifestyle when he became addicted to prescription painkillers and then sold those drugs to other people," Thomas told the judge in a pre-sentence memorandum. "He righted himself and is living free of drugs, working and supporting himself in a law-abiding lifestyle."

mmayko@ctpost.com.

Source: http://www.ctpost.com/local/article/Brother-of-NFL-player-sentenced-for-dealing-pain-4701339.php

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San Sebastian College suspends afternoon classes for preschool and grade school...

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Source: http://www.facebook.com/abscbnNEWS/posts/10151509215065168

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China manufacturing weak as small firms hurt more

HONG KONG (AP) ? Chinese manufacturing remained weak last month with small and mid-sized private businesses suffering a bigger share of the pain, two surveys indicated Thursday, adding to an uncertain outlook for the world's No. 2 economy.

The official China Federation of Logistics and Purchasing's manufacturing index strengthened slightly to 50.3 from June's 50.1. Separately, the private HSBC purchasing managers' index fell to an 11-month low of 47.7 from 48.2 in June. Both use a 100-point scale on which numbers below 50 indicate contraction.

Analysts said the federation's survey mostly covers big state-owned enterprises while the HSBC survey is more geared to small and medium-sized private companies.

The HSBC report said output at Chinese manufacturers fell as total new orders dropped at the sharpest rate in 11 months because of a decline in new business in both China and overseas. Export orders fell for the fourth straight month, though at a slower pace. Exporters told researchers that new sales to Europe, Southeast Asia and the U.S. fell from June. Chinese manufacturers shed jobs at the fastest pace in four years.

The federation's survey also found that new export orders, while improved, remained below an index reading of 50 last month

Fallout from China's manufacturing slump may be felt globally, as declining orders result in less demand for iron ore and other commodities from countries such as Australia and Brazil and for industrial components from Southeast Asia, Taiwan and South Korea.

China has recorded five straight quarters of growth below 8 percent, a substantial economic cooling for a country that previously grew at double-digit rates.

Analysts said the survey results indicate smaller private companies may still be feeling the effects of a credit shortage that began in June as Chinese regulators try to rein in a lending boom over fears it could race out of control. The credit crunch caused interest rates on loans between banks to spike to a record high.

"Smaller companies probably have been affected more by the liquidity squeeze," said Wei Yao, China economist at Societe Generale.

China's central bank wants to tighten lending standards, which should reduce risk but is likely to reduce financing for private businesses that generate China's new jobs and wealth.

"We shouldn't dismiss the positive side in the official PMI, but at the same time the HSBC PMI is a reminder that things are still difficult especially, with smaller companies," she said. "So basically that suggests as a whole if there is a recovery, it's a very gradual one and it's still quite unstable."

Source: http://news.yahoo.com/china-manufacturing-weak-small-firms-hurt-more-044116355.html

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Wednesday, July 31, 2013

New victims of 'debt relief' company come forward in Oregon

by Chris Willis, KGW Reporter

kgw.com

Posted on July 30, 2013 at 10:27 AM

Updated today at 2:58 PM

PORTLAND ? More victims of a ?debt relief? company scam are coming forward as the Department of Justice files a lawsuit to keep the company from doing business in the state.

KGW first reported on the story of World Law Debt earlier this month. The company promised debt relief, credit counseling and debt consolidation to people in tough financial situations. Since the story aired, Unit 8 has been contacted by several people who say they?re also out thousands of dollars.

?I thought, this will make things easier for me,? said 78-year-old Dolores Crawley. ?To take the stress off.?

Crawley, who breathes with the help of a constant oxygen tank, said she?s been giving World Law Debt more than $400 every month for several months. Her health problems caused her to fall behind with her creditors.

Crawley said not a dime has been paid to any of her creditors.

?Usually you receive statements every month with any business and they said they were still dealing with my creditors,? she said.

?We're essentially seeking to ban them from the state and we're asking for more than $10 million in damages,? said Jeff Manning of the Department of Justice. The state is also seeking full restitution for every potential victim in Oregon.

The Department of Justice?s lawsuit is in response to more than 425 potential victims in Oregon. Many say the money they paid to World Law Debt was not used to pay their creditors.

This claim was echoed by a former World Law Debt employee who asked not to be named.

?Telling them we can still make a plan, we can figure something out, knowing in my head that ultimately they're going to get sued by one of their creditors,? the employee said.

The employee said he spent years at World Law Debt in client services and eventually as a supervisor. He said lying to the customer was part of the job.

?This is not going to help them? he said. ?All they're doing is paying us basically to save money.?

Today, the Oregon Department of Justice is urging consumers to stop doing business with World Law Debt as the State?s lawsuit continues to move forward.

?For those people who have done business with World Law Debt, they need to end the relationship and they need to file a complaint with the Justice Department,? said Manning.

Crawley said she plans to follow that advice.

?I'm going to go to the bank today and stop the payments from going out, and from there I don't know what to do,? Crawley said.

World Law Debt disputed the state?s claims. A spokesperson for the company said they are operating legally in Oregon under federal law. The spokesperson says the company has asked the U.S. Federal Trade Commission to intervene in the Department of Justice?s lawsuit.

Although the company is also being sued in other states, their motions to dismiss those lawsuits will be heard in August.

Source: http://www.kgw.com/news/local/New-victims-of-debt-relief-company-come-forward-217494141.html

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Long Island Orthopedic Surgeon Provides Quality Pain ...

People who are dealing with various forms of foot pain and discomfort are often unable to lead a productive and balanced lifestyle. Many people discover that their aches and pains reach levels that are far too severe to be overcome without receiving medical guidance. Consumers facing this concern should know how a Long Island orthopedic surgeon is able to offer effective guidance.

An orthopedic surgeon is the doctor trained in performing the procedures often required to address concerns in the foot. Consumers are interested in their guidance when their particular aches and pains have reached levels that are much too severe to manage individually. The pain management solutions are quite viable for consumers to consider when offered.

Consumers in Long Island who are dealing with this kind of concern have plenty of options to weigh in. Pain sufferers are generally unclear about what is offered from this doctor which is often why they are avoided. Keeping several factors in mind is quite helpful in managing this process accordingly.

Patients are initially offered the surgical procedures necessary to address any issues present in the foot. There are many complications that are only equipped to be resolved through surgery which is generally why this process is carefully focused on. Doctors guide their patients through each phase of the process needed.

Braces and special shoes are made available to anyone in need. The use of specialty shoes and devices is quite common when attempting to work through any risks associated with this part of the body. Professionals tailor these solutions to the needs of each patient.

A Long Island orthopedic surgeon provides guidance on daily habits that help prevent pain from being an issue. Daily activities that include the foot are generally reviewed to determine which ones could be creating the most pain. Patients are then guided on how to use their foot without having to experiencing discomfort.

Source: http://weightloss1200.blogspot.com/2013/07/long-island-orthopedic-surgeon-provides.html

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How Your Favorite Sitcom Helped Budge GDP

Seinfeld's last episode aired in May 1998, but there was a night two weeks ago when, at least in Washington, you had your choice of two episodes on basic TV at the same time.?

Fifteen years after it officially ended, Seinfeld is still an entertainment colossus. Officially, as of Wednesday, the Bureau of Economic Analysis has decided to count that in its calculations of economic output.

On Wednesday morning, the BEA released its once-every-five-years benchmark revisions to its gross domestic product?measurementin its comprehensive revision of the national income and product accounts, or NIPA. And now the measurement includes a section called "intellectual-property products," which contains what the BEA refers to as "entertainment originals"?a move that allows some entertainment to be counted as a sort of investment.

But "entertainment originals" isn't just a catch-all for everything that comes across your screen of choice. How the BEA assesses television programs makes this clear. Dramas and "situational comedies" fit their criteria for art that has ownership rights, is long-lived, and is used repeatedly in production. Something like a Heat-Spurs NBA playoff game doesn't. Nor would an episode of Days of Our Lives, or World News Tonight.

On the other hand, the BEA does include all motion pictures and musical recordings in investment. So, congratulations Ke$ha and Spring Breakers: You've made it into the GDP. The calculations also include products such as greeting cards and stock photography?the kind of stuff that can wind up being used over and over in production, says the BEA's Brent Moulton. But, like all assets, the actual value of something like a Carly Rae Jepsen song or a JJ Abrams movie is likely to depreciate over time,?sometimes not much time at all.

Many of these forms of entertainment were already included in GDP in some form. The cost of a book or movie ticket was always in there, says Moulton. The new category is less about the physical, and more about the actual investment value of the entertainment over time.?The process and calculations involved are explained in a paper from two BEA employees.

The latest revisions to the calculation of GDP are "all about relevance," said Steve Landefeld, the bureau's director. But he was clear to say that it wasn't "rewriting economic history."

And rewrite economic history it did not. Like the result of every episode of Seinfeld, the inclusion of entertainment isn't earth-shattering. Entertainment originals contributed about $74.3 billion to GDP in 2012, but the BEA is cautious about banking purely on their dollar figures.In percentage terms, that rounds out to a contribution of about zero percent of the total GDP for 2012 of about $16.2 trillion.

It's definitely not nothing, though. As the Wall Street Journalpointed out, intellectual-property products?which now also include software and R&D?took off during the Internet boom in 1997, only to drop off by the 2001 bust. And we're still talking about billions of dollars added to the economy. But, as exciting as it may sound to start including entertainment as investment in GDP, the U.S. economy is just so massivethat it barely moves the needle.

Source: http://news.yahoo.com/favorite-sitcom-helped-budge-gdp-114348108.html

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