Sunday, January 23, 2011

Martina McBride: Electrifies The AFC Championship Game

Martina McBride: Electrifies The AFC Championship Game

Could you ever imagine singing the National Anthem in front of thousands of screaming football fans? That would most likely be a lot of pressure for a normal every day person but not for McBride. She gave a spine-tingling version of the Nation Anthem an fans loved it. Martina McBride also had experience singing the National Anthem in Pittsburgh two years ago.

Martina McBride is not just a pretty face. She is a great singer and business lady. It seems that she is always busy doing something fun. Martina McBride just helped Kid Rock celebrate his 40th birthday as well.

Did you know this young lady is actually 44. Wow what a knock out, I sure wouldn’t mind finding out what she does to keep her youthful appearance. In her 19 year career she has accomplished many things including being named 2007′s Top Grossing Country Artist of the year, and the over all Top Grossing Female in 2007 behind only Gwen Stefani. We wish you the best Martina McBride!

Super Bowl will be old school: Packers vs. Steelers

In an era of dizzying X-and-O game plans, climate-controlled stadiums and pyrotechnic halftime shows, what could be better than this?

Packers vs. Steelers. Two franchises that conjure images of bruised bodies and blue toes. Two franchises that are like running, banging, grunting history books, one born in 1919, the other in 1933.

One franchise is owned by the Rooney family, the other by 111,968 stockholders. Together, they’ve combined for 18 league championships, 44 Hall of Famers and two fan bases that unofficially hold all records for beer consumption.

Cue the grainy film and the voice of John Facenda. Green Bay and Pittsburgh will play in the Super Bowl in two weeks. The only unfortunate thing is it will take place in Dallas at Jerry Jones’ $1.3 billion Football Stadium and Go-Go Club, which has a retractable roof and a thermostat and a blur of martini bars.

Some frozen field in North Dakota, wood bleachers and a line of kegs would be more appropriate.

The Packers defeated the Chicago Bears 21-14 for the NFC championship. The Steelers, after a late-game mini-meltdown, held on to beat the New York Jets 24-19 for the AFC title. Although these are two of the most successful franchises in NFL history, it will be the first time they’ll meet for the league championship.

You may not think of this Green Bay team as a “Green Bay” team. The Packers are led by a strong-armed quarterback, Aaron Rodgers, who went to Cal-Berkeley.

But they were led Sunday by their defense. Green Bay’s two biggest plays of the day: Rodgers’ tackle of Chicago’s Brian Urlacher at midfield following a third-quarter interception, which probably saved a touchdown; a fourth-quarter interception by the nose tackle B.J. Raji, whose 337-pounds of thundering blubber shook the earth with a fourth-quarter interception and 18-yard return for a touchdown that made it 21-7.

The Steelers' defense held the Jets to 70 yards rushing (and LaDainian Tomlinson to only 16).

The Steelers' defense held the Jets to 70 yards rushing, including only 16 yards on nine carries by LaDainian Tomlinson.

One year after the first Super Bowl between two dome stadium teams — New Orleans vs. Indianapolis – this year’s finale will be played between two outdoor teams that have dealt with the elements. Outdoor teams from cold-weather cities generally have overcome more adversity than indoor teams.

Falcons owner Arthur Blank wants an outdoor stadium. Who knows – maybe rain and chill would toughen his team up for future Januarys. Couldn’t hurt. Imagine if the Falcons last week were even as tough as Chicago was Sunday.

The Bears trailed Green Bay 14-0 early in the second quarter and looked on the verge of being blown out. But their defense held the Packers’ offense scoreless the rest of the game – six punts, two interceptions – and mounted an improbable rally behind Caleb Hanie, an undrafted, third-string quarterback out of Colorado State. Hanie came into the game after Jay Cutler injured his knee and backup Todd Collins flopped. He wasn’t always accurate but he showed what we already knew – the NFL postseason is less about finesse than it is survival. He led two Chicago touchdown drives but threw a pick-six to Raji, which turned out to be the difference.

If Falcons’ fans are looking for a small measure of solace, there’s this: The last three times they have been in the playoffs, they’ve lost to teams that reached the Super Bowl: Green Bay last week, Arizona in the conference semifinals in 2008 and Philadelphia in the NFC title game in 2004.

Rodgers’ dominance at the outset looked similar to last week’s 48-21 game in the Georgia Dome. On Green Bay’s opening drive, he completed all four of his passes for 76 yards and finished it off with a one-yard touchdown run. But he went only 13 for 26 for 168 yards with two interceptions the rest of the game. The Packers intercepted Hanie and Cutler three times and held Chicago to one third-down conversion. They won with defense.

Offense got the Packers to the playoffs. But defense got them to the Super Bowl. Defense always has been the engine that drives the Steelers.

It should be perfect old-school theater.

By Jeff Schultz

Packers' thoughts on the Steelers

Chicago — It's official. Green Bay (13-6) will meet Pittsburgh (14-4) in Super Bowl XLV on Feb. 6 in North Texas.

As many remember, the Steelers defeated the Packers, 37-36, on Dec. 20, 2009. In that game, Steelers quarterback Ben Roethlisberger hit wideout Mike Wallace with a 19-yard touchdown pass on the final play of the game.

Green Bay's defense is much-improved from that day. The Steelers, who went 9-7 last year and missed the postseason, are winning close games this year after losing them a season ago.

After Green Bay defeated Chicago, 21-14, in the NFC Championship Game, many Packers talked about what they remembered about the Steelers they faced 13 months ago.

Ryan Pickett, defensive end: “They scored a lot of points on us. We were a different defense then and we’re definitely a better defense right now. They moved the ball on us, but our offense did a good job of moving the ball on them, too. It was like a shootout and they had just a little more firepower.”

Josh Sitton, right guard: "They’re big and stout up front. They’re great at stopping the run and really getting after people. But we had some pretty good success on offense that day, too.”

Brandon Jackson, running back: "They’re just a team that knows how to finish. Those guys, they play four quarters hard, every game, every day. You have to come strong against those guys or you won’t beat them. We have to come out and play four quarters to have a chance.”

James Jones, wideout: “They’ve got a really good defense. They put a lot of pressure on quarterbacks and it’s hard to run against them. Great team.”

Super matchup: Packers vs. Steelers more contemporary than classic

The Packers have won 12 NFL championships, most of any team. The Steelers have won six Super Bowls, most of any team. With the two franchises having such rich winning traditions, Green Bay-Pittsburgh feels like a classic matchup for Super Bowl XLV.

Forget the past, however, because this year's Packers and Steelers represent the modern NFL better than any of the league's 32 teams. In a passing league, they have the ideal offense-defense combination: a strong-armed, mobile passer and top-notch 3-4 pass rush. In other words, both teams excel at avoiding and applying pressure to make game-changing plays.

Super matchup: Packers vs. Steelers more contemporary than classic It's on to Super Bowl XLV for the Steelers and Packers. Vinnie Iyer says the two old-school franchises represent the best of today's NFL on the field.

The quarterbacks in question, Aaron Rodgers and Ben Roethlisberger, both are great athletes blessed with strong right arms.

The defensive coordinators are known for their mastery of the zone blitz -- if Dick LeBeau is the godfather of that attack scheme, then Dom Capers, formerly Pittsburgh's play-caller, is its consigliere.

The Steelers have an elite edge rusher in James Harrison. The Packers have one in Clay Matthews.

Safety Troy Polamalu is Pittsburgh's do-everything defensive back. Green Bay similarly likes to move cornerback Charles Woodson around as an ace jack-of-all-trades. Green Bay's B.J. Raji is an up-and-coming nose tackle; Pittsburgh's Casey Hampton has set the standard at the position.

The Steelers already have won a championship with this makeup. The younger Packers have built themselves in a similar image, and are on the verge of the first of perhaps many Super Bowls with Rodgers.

Green Bay vs. Pittsburgh sounds old-school, but the two teams are part of today's elite class. And that should make for a most memorable game on Super Sunday.



Wind power case may cloud industry’s future

A panel of Ontario Divisional Court judges will begin hearing a challenge today that, if successful, could throw a wrench into the province’s burgeoning wind power industry.

The case, brought by Ian Hanna, a resident of Prince Edward County, 200 kilometres east of Toronto, argues that regulations in Ontario’s Green Energy Act, governing how far turbines must be from houses, are illegal. If the court agrees, new wind development could come to a standstill.

The case will also be an opportunity to air the views of those who feel wind turbines are unhealthy. Mr. Hanna’s argument is based on the premise that the minimum setback in Ontario – 550 metres – does not take into account the possible negative impacts to human health that turbines may cause.

Essentially, he argues, there is no medical evidence that the setback is safe, and that by publishing its regulations without sufficient proof, the province has breached the “precautionary principle” in its own environmental bill of rights. That principle says the government has to show an activity is safe before it is approved.

Indeed, Mr. Hanna’s court filings say, the government knew there was literature that raises concerns about turbines, and spells out that not enough was known to settle the setback issue.

A court victory, said Mr. Hanna’s lawyer Eric Gillespie, would essentially put a moratorium on building any new wind farms in Ontario. That would be a huge victory for wind farm opponents, who say there need to be far more studies done on health impacts. “If the court determines that [Ontario] has insufficient science to support its decision, then governments, the wind industry and communities will have to look very closely to determine in a more scientific way where industrial wind turbines should be located,” Mr. Gillespie said.

Increasingly, opponents have been protesting the spread of wind turbines, insisting that they cause health problems and calling for more detailed studies before the devices become even more ubiquitous. Both sides have cranked up the rhetoric recently; last week, one anti-wind group complained that a wind farm developer had called it a “group of terrorists.”

To support his client’s case in court, Mr. Gillespie will present evidence from three physicians who say turbine noise and vibration can cause high stress, sleep deprivation and headaches among people who live near them.

The government argues, in a document filed with the court, that the doctors’ conclusions are suspect, and that it reviewed all the literature available on the issue, and held public consultations before creating the guidelines.

It also says that complaints about possible health effects from turbines come from a small number of people, while the government’s role is to try to clean the air for all residents of Ontario by shifting to renewable power.

There is “no conclusive evidence that wind turbine noise has any impact on human health,” the government filing states. Available information suggests a 550-metre setback is adequate, it adds, and that that distance is “clearly conservative,” given the existing studies. It dismisses the data about health problems as “anecdotal hearsay.”

The government also argues that a new environmental review tribunal set up under its Green Energy Act is the right place to air health issues, not the provincial court.

Dianne Saxe, a Toronto lawyer who specializes in environmental issues, said she would be very surprised if Mr. Hanna wins his case. She said he is stretching the precautionary principle beyond what it actually covers. And the government “should have no trouble at all proving that it considered the health concerns of the anti-wind activists, because they were very vocal,” even appearing at legislative committee meetings, she said.

Ms. Saxe thinks it is likely the court will deal only with the narrow legal aspects of the case and not make any substantial ruling on the health effects of wind turbine placement.

Throwing a bucket of cold water on an already-cooling housing sector is not a step any government takes lightly.

This week, Finance Minister Jim Flaherty did just that. As of March 18, the government will no longer insure mortgages with amortization periods of more than 30 years. That will keep some potential home buyers out of the market, and in theory, help stop already debt-burdened households from going even deeper. Ottawa will also make home refinancing rules tighter, among other moves.


The consumer debt habit is widely viewed as a risk to the economy, and the move to curb its growth seen as necessary. But when it comes to the housing market, Ottawa has waded into muddy waters.

While the effective elimination of the 35-year mortgage could diminish housing prices, economists say it's not possible to calculate the degree of dampening with any certainty.

That's in part because some homeowners take long mortgages initially and then change the terms later, paying more than required in order to retire the debt sooner.

And there are a host of other factors that determine housing prices such as interest rates, employment growth and housing supply.

“Given the structure of the mortgage market, this is like a surgical strike,” said Benjamin Tal, deputy chief economist at CIBC World Markets. “They are able to aim without too many side effects because of the way the mortgage market is structured in Canada. The impact is insignificant.”

There’s little data examining the issue.

The new rules can be expected to dampen both home sales and prices as potential home buyers face new limits on how much they can borrow, encouraging them to opt for cheaper homes, economists said.

Douglas Porter, deputy chief economist with BMO Nesbitt Burns Inc., said the changes would reduce the amount that people can borrow by up to 7 per cent.

Corresponding price declines, though, are hard to predict. Canada’s housing market has been cooling for months and interest rates are widely predicted to begin rising again during the latter half of this year.

“I suspect that what we’ll end up seeing is home prices about flat this year,” Mr. Porter said.

Bank of Nova Scotia economists Adrienne Warren and Derek Holt suggest the new limits on amortization will add about $100 to the monthly principal and interest payment on an average priced house, compared with a 35-year mortgage.

“Looking further ahead, as interest rates begin to move higher in 2012 and beyond, the cumulative impact from shorter amortization options on housing affordability could be substantial,” their report said.

The Bank of Canada hinted at a link between prices and amortization rates last year, when deputy governor Sheryl Kennedy said “financial innovations” such as longer amortization rates can “encourage speculation in quick flip financial investment.”

That surge in home buying helped drive up prices, particularly in large urban centres. As a result, since 2007, increasing numbers of Canadians have opted for mortgages with amortization periods stretching well past 25 years.

Initially, 40-year mortgages saw the most explosive growth until Mr. Flaherty took action in 2008 to do away with those unconventional loans.

The following year, however, marginal consumers increasingly turned to 35-year mortgages to fill the void, a trend that continued well into 2010.

With files from freelance reporter David Milstead

Obama names GE’s Immelt to head economic advisory panel

As the U.S. recovery enters a new and challenging phase, U.S. President Barack Obama is turning to a high-profile corporate executive to act as his top outside economic adviser.

On Friday, Mr. Obama appointed Jeffrey Immelt, the chief executive officer of General Electric Co., (GE-N19.741.317.11%) to lead a panel of experts charged with boosting job creation and competitiveness.

General Electric (GE-N)
19.74 1.31 7.11%
As of Jan 21, 2011 4:00


Mr. Immelt is replacing Paul Volcker, a former chairman of the Federal Reserve, at the head of the panel. The shift from a titan of economic policy to a sure pair of corporate hands is a telling symbol of where the recovery stands and where Mr. Obama sees political obstacles.

Mr. Volcker’s skills played to a moment when the U.S. economy required a form of triage. Today’s dilemma is more akin to long-term rehabilitation: The economy is growing and corporate profits are thriving, but jobs remain scarce.

“The past two years were about pulling our economy back from the brink,” Mr. Obama said in an appearance with Mr. Immelt at a GE factory in upstate New York that manufactures steam turbines. “The next two years, our job now, is putting our economy into overdrive.”

By appointing Mr. Immelt, Mr. Obama is taking another step in his campaign to mend bridges with corporate America, a political priority ahead of the 2012 elections. The President recently appointed William Daley, a former executive at JPMorgan Chase & Co., as his new chief of staff. He has also called for streamlining the tax code and overhauling business regulations.

Mr. Immelt, 54, will take on a highly visible role working on what is perhaps the President’s top concern – bringing down the stubbornly elevated U.S. jobless rate. “Persistent and high unemployment – and the pessimism it breeds – should not be accepted,” Mr. Immelt wrote in an opinion piece Friday in The Washington Post. “We must work together to construct an economy that creates more opportunity for more people.”

In December, the U.S. jobless rate fell to 9.4 per cent, the lowest figure in 19 months but still painfully high for millions of out-of-work Americans. Some of the improvement came from increased hiring, but part of it stemmed from a chunk of people dropping out of the labour force, often a sign they’re too discouraged to keep looking for work.

One of the key pieces of the U.S. job puzzle remains the hiring behaviour of large businesses. After slashing expenses and staff during the downturn, they rode the economy’s gradual improvement. Publicly listed firms have seen a return to bumper profits – in the third quarter of 2010, earnings surpassed the prerecession high. Many have amassed stockpiles of cash that they remain reluctant to deploy in ways that would spur economic growth.

According to the latest figures available from the Federal Reserve, U.S. non-financial firms are holding a greater percentage of their total assets in cash than at any time in the last 50 years. But uncertainty about the vigour of the recovery and policy ambiguity leading up to the midterm elections have kept companies from making large commitments on hiring and investment.

In one example of corporate America’s robust health, GE, an industrial and finance conglomerate, reported Friday that its pipeline of new orders had increased to its highest level since 2007. The company’s profit, meanwhile, jumped 52 per cent in the fourth quarter of 2010 compared with a year earlier, surpassing expectations. Mr. Immelt said he saw “encouraging” signs in the U.S. economy, pointing to a “broader and deeper” recovery.

In a conference call, Mr. Immelt reassured analysts that his role on Mr. Obama’s panel wouldn’t diminish the energy he brings to his day job at GE. “I am committed. I am a hard worker. I am focused on the company,” he said.

Mr. Immelt is one of several high-profile business leaders who have voiced support for Mr. Obama’s policies. They include the CEOs of Boeing Co. and Motorola Solutions Inc., and the chairman of Honeywell International Inc.

With files from Bloomberg News