Author: Admin

Tuesday, December 11, 2012

Sunday, Wikinews sat down with Australian blind Paralympic skier Jessica Gallagher and her guide Eric Bickerton who are participating in a national team training camp in Vail, Colorado.

Wikinews reporters LauraHale and Hawkeye7 interview Australian Paralympic skier Jessica Gallagher and her guide Eric Bickerton
Jessica GallagherImage: Australian Paralympic Committee/Australian Sports Commission.
Eric BickertonImage: Bidgee.

((Wikinews)) This is Jessica Gallagher. She’s competing at the IPC NorAm cup this coming week.

Jessica Gallagher: I’m not competing at Copper Mountain.

((WN)) You’re not competing?

Jessica Gallagher: No.

((WN)) You’re just here?

Jessica Gallagher: We’re in training. I’ve got a race at Winner Park, but we aren’t racing at Copper.

((WN)) So. Your guide is Eric Bickerton, and he did win a medal in women’s downhill blind skiing.

Jessica Gallagher: Yes!

((WN)) Despite the fact that he is neither a woman nor blind.

Jessica Gallagher: No, he loves telling people that he was the first Australian female Paralympic woman to win a medal. One of the ironies.

((WN)) The IPC’s website doesn’t list guides on their medal things. Are they doing that because they don’t want — you realise this is not all about you per se — Is it because they are trying to keep off the able bodied people to make the Paralympics seem more pure for people with disabilities?

Jessica Gallagher: Look, I don’t know but I completely disagree if they don’t have the guides up there. Because it’s pretty plain and simple: I wouldn’t be skiing if it wasn’t with him. Being legally blind you do have limitations and that’s just reality. We’re certainly able to overcome most of them. And when it comes to skiing on a mountain the reason I’m able to overcome having 8 per cent vision is that I have a guide. So I think it’s pretty poor if they don’t have the information up there because he does as much work as I do. He’s an athlete as much as I am. If he crashes we’re both out. He’s drug tested. He’s as important as I am on a race course. So I would strongly hope that they would put it up there. Here’s Eric!
Eric Bickerton: Pleased to met you.

((WN)) We’ve been having a great debate about whether or not you’ve won a medal in women’s blind downhill skiing.

Eric Bickerton: Yes, I won it. I’ve got it.

((WN)) I found a picture of you on the ABC web site. Both of you were there, holding your medals up. The IPC’s web site doesn’t credit you.

Jessica Gallagher: I’m surprised by that.
Eric Bickerton: That’s unusual, yeah.

((WN)) One of the things that was mentioned earlier, most delightful about you guys is you were racing and “we were halfway down the course and we lost communication!” How does a blind skier deal with…

Jessica Gallagher: Funny now. Was bloody scary.

((WN)) What race was that?

Jessica Gallagher: It was the Giant Slalom in Vancouver at the Paralympics. Actually, we were talking about this before. It’s one of the unique aspects of wearing headsets and being able to communicate. All the time while we were on the mountain earlier today, Eric had a stack and all he could hear as he was tumbling down was me laughing.
Eric Bickerton: Yes… I wasn’t feeling the love.
Jessica Gallagher: But um… what was the question please?

((WN)) I couldn’t imagine anything scarier than charging down the mountain at high speed and losing that communications link.

Jessica Gallagher: The difficulty was in the Giant Slalom, it was raining, and being used to ski racing, I had never experienced skiing in the rain, and as soon as I came out of the start hut I lost all my sight, which is something that I had never experienced before. Only having 8 per cent you treasure it and to lose all of it was a huge shock. And then when I couldn’t hear Eric talking I realised that our headsets had malfunctioned because they’d actually got rain into them. Which normally wouldn’t happen in the mountains because it would be snow. So it was the scariest moment of my life. Going down it was about getting to the bottom in one piece, not racing to win a medal, which was pretty difficult I guess or frustrating, given that it was the Paralympics.

((WN)) I asked the standing guys upstairs: who is the craziest amongst all you skiers: the ones who can’t see, the ones on the mono skis, or the one-legged or no-armed guys. Who is the craziest one on the slopes?

Jessica Gallagher: I think the completely blind. If I was completely blind I wouldn’t ski. Some of the sit skiers are pretty crazy as well.

((WN)) You have full control over your skis though. You have both legs and both arms.

Jessica Gallagher: True, but you’ve got absolutely no idea where you’re going. And you have to have complete reliance on a person. Trust that they are able to give you the right directions. That you are actually going in the right direction. It’s difficult with the sight that I have but I couldn’t imagine doing it with no sight at all.

((WN)) The two of you train together all the time?

Eric Bickerton: Pretty well, yes.
Jessica Gallagher: Yes, everything on snow basically is together. One of the difficult things I guess is we have to have that 100 per cent communication and trust between one another and a lot of the female skiers on the circuit, their guide is their husband. That’s kind of a trust relationship. Eric does say that at times it feels like we’re married, but…
Eric Bickerton: I keep checking for my wallet.
Jessica Gallagher: …it’s always about constantly trying to continue to build that relationship so that eventually I just… You put your life in his hands and whatever he says, you do, kind of thing.

((WN)) Of the two sport, winter sports and summer sports person, how do you find that balance between one sport and the other sport?

Jessica Gallagher: It’s not easy. Yeah, it’s not easy at all. Yesterday was my first day on snow since March 16, 2010. And that was mainly because of the build up obviously for London and the times when I was going to ski I was injured. So, to not have skied for that long is obviously a huge disadvantage when all the girls have been racing the circuit since… and it’s vice versa with track and field. So I’ve got an amazing team at the Victorian Institute of Sport. I call them my little A Team of strength and mission coach, physio, osteopath, soft tissue therapist, sport psychologist, dietician. Basically everyone has expertise in the area and we come together and having meetings and plan four years ahead and say at the moment Sochi’s the goal, but Rio’s still in the back of the head, and knowing my body so well now that I’ve done both sports for five years means that I can know where they’ve made mistakes, and I know where things have gone really well, so we can plan ahead for that and prepare so that the things that did go wrong won’t happen again. To make sure that I get to each competition in peak tone.

((WN)) What things went wrong?

Jessica Gallagher: Mainly injuries. So, that’s the most difficult thing with doing two sports. Track and field is an explosive power; long jump and javelin are over four to six seconds of maximum effort. Ski racing, you are on a course, for a minute to a minute and a half, so it’s a speed endurance event. And the two couldn’t be further apart in terms of the capabilities and the capacities that you need as an athlete. So one of the big things I guess, after the Vancouver campaign, being in ski boots for so long, I had lost a lot of muscle from my calves so they weren’t actually firing properly, and when you’re trying to run and jump and you don’t have half of your leg working properly it makes it pretty difficult to jump a good distance. Those kind of things. So I’m skiing now but when I’m in a gym doing recovery and rehab or prehab stuff, I’ve got calf raising, I’ve got hamstring exercises because I know they’re the weaker areas that if I’m not working on at the moment they’re two muscle groups that don’t get worked during ski. That I need to do the extra stuff on the side so that when I transition back to track and field I don’t have any soft tissue injuries like strains because of the fact that I know they’re weaker so…

((WN)) Do you prefer one over the other? Do you say “I’d really rather be out on the slopes than jogging and jumping the same…

Jessica Gallagher: I get asked that a lot. I think I love them for different reasons and I hate them for different reasons so I think at the end of the day I would prefer ski racing mainly because of the lifestyle. I think ski racing is a lot harder than track and field to medal in but I love the fact that I get to come to amazing resorts and get to travel the world. But I think, at the end of the day I get the best of both worlds. By the time my body has had enough of cold weather and of traveling I get to go home and be in the summer and be on a track in such a stable environment, which is something that visually impaired people love because it’s familiar and you know what to expect. Whereas in this environment it’s not, every racecourse we use is completely different.

((WN)) I heard you were an average snowboarder. How disappointed were you when you when they said no to your classifications?

Jessica Gallagher: Very disappointed! For Sochi you mean?

((WN)) Yes

Jessica Gallagher: Yeah. I mean we weren’t really expecting it. Mainly because they’ve brought in snowboard cross, and I couldn’t imagine four blind athletes and four guides going down the same course together at the same time. That would be a disaster waiting to happen. But I guess having been a snowboarder for… as soon as we found snowboarding had been put in, I rang Steve, the head coach, and said can we do snowboarding? When I rang Steve I said, don’t worry, I’ve already found out that Eric can snowboard. It would have been amazing to have been able to compete in both. Maybe next games.

((WN)) So you also snowboard?

Eric Bickerton: Yes.

((WN)) So she does a lot of sports and you also do a crazy number of sports?

Eric Bickerton: Uh, yeah?

((WN)) Summer sports as well as winter sports?

Eric Bickerton: Me?

((WN)) Yes.

Eric Bickerton: Through my sporting career. I’ve played rugby union, rugby league, soccer, early days, I played for the Australian Colts, overseas, rugby union. I spend most of my life sailing competitively and socially. Snow skiing. Yeah. Kite boarding and trying to surf again.

((WN)) That’s a lot of sports! Does Jessica need guides for all of them?

Eric Bickerton: I’ve played sport all my life. I started with cricket. I’ve played competition squash. I raced for Australia in surfing sailing. Played rugby union.

((WN)) Most of us have played sport all our lives, but there’s a difference between playing sport and playing sport at a high level, and the higher level you go, the more specialized you tend to become. And here [we’re] looking at two exceptions to that.

Eric Bickerton: I suppose that I can round that out by saying to you that I don’t think that I would ever reach the pinnacle. I’m not prepared to spend ten years dedicated to that one thing. And to get that last ten per cent or five percent of performance at that level. That’s what you’ve got to do. So I’ll play everything to a reasonable level, but to get to that really, really highest peak level you have to give up everything else.

((WN)) When you go to the pub, do your mates make fun of you for having a medal in women’s blind skiing?

Eric Bickerton: No, not really.
Jessica Gallagher: Usually they say “I love it!” and “This is pretty cool!”
Eric Bickerton: We started at the Olympics. We went out into the crowd to meet Jess’ mum, and we had our medals. There were two of us and we were waiting for her mum to come back and in that two hour period there was at least a hundred and fifty people from all over the world who wore our medals and took photographs. My medal’s been all over Australia.

((WN)) Going to a completely different issue, blind sports have three classifications, that are medical, unlike everybody else, who’ve got functional ability [classifications]. You’ve got the only medical ones. Do you think the blind classifications are fair in terms of how they operate? Or should there be changes? And how that works in terms of the IPC?

Jessica Gallagher: Yeah. I think the system they’ve got in place is good, in terms of having the three classes. You’ve got completely blind which are B1s, less than 5 percent, which are B2, and less than 10 percent is a B3. I think those systems work really well. I guess one of the difficult things with vision impairment is that there are so many diseases and conditions that everyone’s sight is completely different, and they have that problem with the other classes as well. But in terms of the class system itself I think having the three works really well. What do you think?
Eric Bickerton: I think the classification system itself’s fine. It’s the one or two grey areas, people: are they there or are they there?

((WN)) That affected you in Beijing.

Jessica Gallagher: Yeah. That was obviously really disappointing, but, ironic as well in that one of my eyes is point zero one of a percent too sighted, so one’s eligible, the other’s just outside their criteria, which left me unable to compete. Because my condition is degenerative. They knew that my sight would get worse. I guess I was in a fortunate position where once my sight deteriorated I was going to become eligible. There are some of the classes, if you don’t have a degenerate condition, that’s not possible. No one ever wants to lose their best sight, but that was one positive.

((WN)) On some national competitions they have a B4 class. Do you think those should be eligible? In terms of the international competition?

Jessica Gallagher: Which sports have B4s?

((WN)) There’s a level down, it’s not used internationally, I think it’s only used for domestic competitions. I know the UK uses it.

Jessica Gallagher: I think I… A particular one. For social reasons, that’s a great thing, but I think if it’s, yeah. I don’t know if I would… I think socially to get more Paralympic athletes involved in the sport if they’ve got a degenerative condition on that border then they should be allowed to compete but obviously… I don’t think they should be able to receive any medals at a national competition or anything like that. So I was, after Beijing, I was able to fore-run races. I was able to transition over to skiing even though at that stage I wasn’t eligible. So that was great for us. The IPC knew that my eyesight was going to get worse. So I was able to fore-run races. Which was a really good experience for us, when we did get to that level. So I think, with the lack of numbers in Paralympic sport, more that you should encourage athletes and give them those opportunities, it’s a great thing. But I guess it’s about the athletes realizing that you’re in it for the participation, and to grow as an athlete rather than to win medals. I don’t think the system should be changed. I think three classes is enough. Where the B3 line is compared with a B4 is legally blind. And I think that covers everything. I think that’s the stage where you have low enough vision to be considered a Paralympic sport as opposed to I guess an able bodied athlete. And that’s with all forms of like, with government pensions, with bus passes, all that sort of stuff, that the cut off line is legally blind, so I think that’s a good place to keep it.

((WN)) Veering away from this, I remember watching the Melbourne Cup stuff on television, and there you were, I think you were wearing some hat or something.

Jessica Gallagher: Yeah, my friend’s a milliner. They were real flowers, real orchids.

((WN)) Are you basically a professional athlete who has enough money or sponsorship to do that sort of stuff? I was saying, there’s Jessica Gallagher! She was in London! That’s so cool!

Jessica Gallagher: There are two organizations that I’m an ambassador for, and one of them is Vision Australia, who were a charity for the Melbourne Cup Carnival. So as part of my ambassador role I was at the races helping them raise money. And that involves media stuff, so that was the reason I was there. I didn’t get paid.

((WN)) But if you’re not getting paid to be a sponsor for all that is awesome in Australia, what do you do outside of skiing, and the long jump, and the javelin?

Jessica Gallagher: I’m an osteopath. So I finished my masters’ degree in 2009. I was completing a bachelor’s and a masters. I was working for the Victorian Institute of Sport guiding program but with the commitment to London having so much travel I actually just put everything on hold in terms of my osteo career. There’s not really enough time. And then the ambassador role, I had a few commitments with that, and I did motivational speaking.

((WN)) That’s very cool. Eric, I’ve read that you work as a guide in back country skiing, and all sorts of crazy stuff like that. What do you do when you’re not leading Jessica Gallagher down a ski slope?

Eric Bickerton: I’m the Chief Executive of Disabled Winter Sports Australia. So we look after all the disability winter sports, except for the Paralympics.
Jessica Gallagher: Social, recreational…

((WN)) You like that? You find it fulfilling?

Eric Bickerton: The skiing aspect’s good. I dunno about the corporate stuff. I could give that a miss. But I think it is quite fulfilling. Yeah, they’re a very good group of people there who enjoy themselves, both in disabilities and able bodied. We really need guides and support staff.

((WN)) Has it changed over the last few years?

Eric Bickerton: For us?

((WN)) Being a guide in general? How things have changed or improved, have you been given more recognition?

Eric Bickerton: No. I don’t see myself as an athlete. Legally we are the athlete. If I fail, she fails. We ski the exact same course. But there’s some idiosyncrasies associated with it. Because I’m a male guiding, I have to ski on male skis, which are different to female skis, which means my turn shape I have to control differently so it’s the same as her turn shape. It’s a little bit silly. Whereas if I was a female guiding, I’d be on exactly the same skis, and we’d be able to ski exactly the same all the way through. In that context I think the fact that Jess won the medal opened the eyes to the APC about visual impairment as a definite medal contending aspect. The biggest impediment to the whole process is how the Hell do you get a guide who’s (a) capable, (b) available and (c) able to fund himself. So we’re fortunate that the APC pushed for the recognition of myself as an athlete, and because we have the medal from the previous Olympics, we’re now tier one, so we get the government funding all way through. Without that two years before the last games, that cost me fifteen, sixteen months of my time, and $40,000 of cash to be the guide. So while I enjoyed it, and well I did, it is very very hard to say that a guide could make a career out of being a guide. There needs to be a little bit more consideration of that, a bit like the IPC saying no you’re not a medal winner. It’s quite a silly situation where it’s written into the rules that you are both the athlete and yet at the same time you’re not a medal winner. I think there’s evolution. It’s growing. It’s changing. It’s very, very difficult.

((WN)) Are you guys happy with the media coverage on the winter side? Do you think there’s a bias — obviously there is a bias towards the Summer Paralympics. Do the winter people get a fair shake?

Eric Bickerton: I think it’s fair. It’s reasonable. And there’s certainly a lot more than what it used to be. Winter sports in general, just from an Australian perspective is something that’s not well covered. But I’d say the coverage from the last Paralympics, the Para Winter Olympics was great, as far as an evolution of the coverage goes.

((WN)) Nothing like winning a medal, though, to lift the profile of a sport.

Jessica Gallagher: And I think that certainly helped after Vancouver. Not just Paralympics but able bodied with Lydia [Lassila] and Torah [Bright] winning, and then to have Eric and I win a medal, to finally have an Aussie female who has a winter Paralympic medal. I guess there can be misconceptions, I mean the winter team is so small in comparison to the summer team, they are always going to have a lot more coverage just purely based on numbers. There were 160 [Australian] athletes that were at London and not going to be many of us in Sochi. Sorry. Not even ten, actually.
Eric Bickerton: There’s five athletes.
Jessica Gallagher: There’s five at the moment, yeah. So a lot of the time I think with Paralympic sport, at the moment, APC are doing great things to get a lot of coverage for the team and that, but I think also individually, it’s growing. I’ve certainly noticed a lot more over the past two years but Eric and I are in a very unique situation. For me as well being both a summer and a winter Paralympian, there’s more interest I guess. I think with London it opened Australia and the word’s eyes to Paralympic sport, so the coverage from that hopefully will continue through Sochi and I’ll get a lot more people covered, but I know prior to Beijing and Vancouver, compared to my build up to London, in terms of media, it was worlds apart in terms of the amount of things I did and the profile pieces that were created. So that was great to see that people are actually starting to understand and see what it’s like.
Retrieved from “https://en.wikinews.org/w/index.php?title=Wikinews_interviews_Australian_Paralympic_skiers_Jessica_Gallagher_and_Eric_Bickerton&oldid=4567568”

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December 25, 2004

Officials in Mumbai, India, demolished over 6,000 shanties today in a push to eradicate the capital city’s slums. In total, 39,000 shanties have been flattened, displacing over 200,000 people, in the city’s biggest-ever demolition drive, which began in early December.

When complete, over 2 million people are expected to be displaced. After wiping out the least desirable shanties, next in line for demolition are the illegal ‘well-off’ shanties and neighborhoods, according to the legal and bureaucratic motions that have been executed toward cleaning up Mumbai’s appearance by lowering the dominance of shanties, which make up 62 percent of Mumbai’s housing.

“As far as eye can see, there are mounds of wood, tin and tarpaulin, the remains of 6,200 illegal homes, flattened by a heavy excavator running on tank-like tracks and giant motorised claws,” the Indian Express reported about today’s destruction. [1]

Chief Minister Vilasrao Deshmukh said that citizens would see a change within six months. “Every chief minister likes to be remembered, and I’m no exception,” said Deshmukh, who despite having an empty exchequer, also announced that Rs 31,000 crore will be spent on new roads, sea links and rail lines. [2]

Retrieved from “https://en.wikinews.org/w/index.php?title=Mumbai_officials_demolish_39K_shanties;_200K_homeless&oldid=935199”

Thursday, August 4, 2005

File:Bucharest bizarre.jpg
Romania, especially its capital Bucharest, attracted significantly more foreign investment in 2005

Romania’s level of foreign direct investment rose by 19% in the first six months (January-July) of 2005 when compared to the same period of 2004, according to the Romanian Agency for Foreign Investment (ARIS). The country recorded US$750 million of foreign investment in this period, and 56 total investment projects, in comparison to 40 projects between January and July 2004. The majority of the investments occurred in the BucharestIlfov region, which includes the Romanian capital.

The rise in foreign investment is mainly attributed due to a more liberal taxation policy introduced by the Romanian government on January 1, 2005, which centres around a 16% flat tax on personal income and corporate profit. Additionally, the country’s expected membership of the European Union in 2007 and its relatively stable political climate also led to an increase in foreign investment in 2005.

Retrieved from “https://en.wikinews.org/w/index.php?title=Foreign_investment_rises_in_Romania_by_19_percent&oldid=525640”

Sunday, August 21, 2005

A robotic system at Stanford Medical Center was used to perform a laparoscopic gastric bypass surgery successfully with a theoretically similar rate of complications to that seen in standard operations. However, as there were only 10 people in the experimental group (and another 10 in the control group), this is not a statistically significant sample.

If this surgical procedure is as successful in large-scale studies, it may lead the way for the use of robotic surgery in even more delicate procedures, such as heart surgery. Note that this is not a fully automated system, as a human doctor controls the operation via remote control. Laparoscopic gastric bypass surgery is a treatment for obesity.

There were concerns that doctors, in the future, might only be trained in the remote control procedure. Ronald G. Latimer, M.D., of Santa Barbara, CA, warned “The fact that surgeons may have to open the patient or might actually need to revert to standard laparoscopic techniques demands that this basic training be a requirement before a robot is purchased. Robots do malfunction, so a backup system is imperative. We should not be seduced to buy this instrument to train surgeons if they are not able to do the primary operations themselves.”

There are precedents for just such a problem occurring. A previous “new technology”, the electrocardiogram (ECG), has lead to a lack of basic education on the older technology, the stethoscope. As a result, many heart conditions now go undiagnosed, especially in children and others who rarely undergo an ECG procedure.

Retrieved from “https://en.wikinews.org/w/index.php?title=Gastric_bypass_surgery_performed_by_remote_control&oldid=4331525”

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Monday, December 31, 2007

What would you tell your grandchildren about 2007 if they asked you about it in, let’s say, 20 year’s time? If the answer to a quiz question was 2007, what would the question be? The year that you first signed on to Facebook? The year Britney Spears and Amy Winehouse fell apart? The year author Kurt Vonnegut or mime Marcel Marceau died, both at 84?

Let’s take a look at some of the international stories of 2007. Links to the original Wikinews articles are in bold.

Retrieved from “https://en.wikinews.org/w/index.php?title=Wikinews%27_overview_of_the_year_2007&oldid=4678722”

Saturday, December 10, 2016

Members of the U.S. Senate offered words of tribute to U.S. Vice President Joe Biden on Wednesday on the floor of the Senate.

Photo of Biden(left) greeting Egyptian President, Anwar Sadat in 1979.

Senator Barbara Mikulski spoke for several minutes, calling Biden a ‘champion of the people’ and a ‘great leader’. Mikulski also praised Biden’s wife, calling her a leader ‘in her own right.’ Senator Mitch McConnell of Kentucky called Biden a ‘real friend and trusted partner.’ Although scheduled to run for one hour, the tribute extended beyond two hours.

Two senators mentioned Biden’s work on the Violence Against Women Act, and commented on the positive impact made by that legislation. In January of this year, President Obama asked Biden to lead an effort to target cancer diagnosis and treatment. At least two Senators praised Biden’s efforts on that program, named the ‘Cancer Moonshot’ program.

Earlier in the week, Biden presided over a vote on the $1.8 billion bill, intended to fund the ‘Cancer Moonshot’ effort. Biden’s son Beau died of a brain tumor in 2015. Later that evening, Biden told a reporter, “I’m going to run in 2020.” When asked later to clarify what he meant, Biden stated, “For President […] What the hell, man.”

Retrieved from “https://en.wikinews.org/w/index.php?title=Members_of_US_Senate_offer_tribute_to_Vice_President_Joe_Biden&oldid=4270510”

Equipment Leasing and Financing

by

JM Luna

This article is going to discuss what is equipment leasing/financing, what are its benefits, leasing plans and how it relates to the start up and seasoned business.

Leasing is a form of renting but with a buyout clause at the end of the lease to take title to whatever we are leasing. The requirements to get into the lease may be as low as first and last payment and as much as 25%. Each situation is different and this offers the start up and seasoned business a way to invest very little monies into the business. Additionally, all other monies can be used for operating expenses such as marketing and other key areas. Leasing is not a new form of financing but could be a lending solution to the start up business. The small sample of type of industries that leasing can be used for are the following:

Dump,garbage, tow, flatbed, water trucks, over the road trucks and day cabs, heavy and construction equipment such as bulldozers, tractors, excavators, skid steer loaders, backhoes, flatbed, drop deck, refrigerated, dry van trailers, and industries which include limousines, limousine and shuttle buses, and machinery and production equipment.

[youtube]http://www.youtube.com/watch?v=kc5_L_kQaws[/youtube]

The benefits of leasing may result in off-balance sheet financing reporting, tax incentives and conserving cash flow and preserving lines of credit for working capital purposes. Many leasing requirements may only require the initial outlay of first and last rental payment. Most leases finance 100% of the cost of the equipment such as soft costs which include shipping, software, training and installation. Additionally, leasing lets you regularly upgrade your equipment, eliminating your utilization of old, outdated equipment and reducing repair options.

Some of the leasing plans available to the lessee are $1.00, 10% or 20% purchase options as well as Trac Leases and FMV lease buyouts. Additionally, some lenders offer seasonal payments, deferred payments for ninety days, declining payments and half payments for a specified time period. It is important that the lessee understands all these different lease plans available as well as the buyout clauses.

The lessee has many options to consider in negotiating his lease. He must understand each lender’s requirements and see if it fits within the realm of the lessee’s requirements. Some lenders will accept the start up business whereas others will not want to lend to this group. They consider that their risk capital can be invested in other types of portfolios that can be better served. Many lenders require full documentation which includes a couple of years of personal income tax returns, a personal financial statement, and other underwriters requirements. However, in the past couple of years, there is a select group of lenders out there require an application only program. These lenders have their own computer scoring model and eliminate the necessary additional paperwork of other lenders. These application only programs are usually restricted to the seasoned business, however there are a few out in the industry which will work with the start up business as well. The amounts of the application only program run as high as $250,000 for the seasoned business and $100,000 for the start up. Additionally, the lender will lease the qualified asset probably from 36-60 months and many won’t finance any equipment and commercial vehicles over ten years old.

It is important to understand the lease terms, the rate factor the lender is charging and the buyout clauses in the lease to take title. If you anticipate paying off the lease early, you should consult your lender to ascertain there is no prepayments for a early payoff. The last thing to understand that the lessee is going to guarantee the lease.

The last point to consider whether you are a start up and/of seasoned business due to economic conditions, there are some unusual specials available for off leases and repos. The lender has excess inventory on their books that they need to liquidated or re-leased as quick as possible. The minimum credit score for the applicant can be as low as 575 and prior bankruptcies may not be an issue in the credit decision.

Either way, spend your proper time investigating the item you are looking for to acquire, get the best price that you can obtain and secure proper financing.

Happy hunting…

J.M Luna has over thirty years in the financial field. This includes accounting and taxes, leasing, hard asset money and working capital loans, and commercial lending. U.S Corporate Capital Leasing Group can assist the small and seasoned business in many different types of industries.

cclgequipmentleasing.comcclgequipmentleasing.com/DealerFinancing.htm

Article Source:

ArticleRich.com

Thursday, December 18, 2008

A team of eight transplant surgeons in Cleveland Clinic in Ohio, USA, led by reconstructive surgeon Dr. Maria Siemionow, age 58, have successfully performed the first almost total face transplant in the US, and the fourth globally, on a woman so horribly disfigured due to trauma, that cost her an eye. Two weeks ago Dr. Siemionow, in a 23-hour marathon surgery, replaced 80 percent of her face, by transplanting or grafting bone, nerve, blood vessels, muscles and skin harvested from a female donor’s cadaver.

The Clinic surgeons, in Wednesday’s news conference, described the details of the transplant but upon request, the team did not publish her name, age and cause of injury nor the donor’s identity. The patient’s family desired the reason for her transplant to remain confidential. The Los Angeles Times reported that the patient “had no upper jaw, nose, cheeks or lower eyelids and was unable to eat, talk, smile, smell or breathe on her own.” The clinic’s dermatology and plastic surgery chair, Francis Papay, described the nine hours phase of the procedure: “We transferred the skin, all the facial muscles in the upper face and mid-face, the upper lip, all of the nose, most of the sinuses around the nose, the upper jaw including the teeth, the facial nerve.” Thereafter, another team spent three hours sewing the woman’s blood vessels to that of the donor’s face to restore blood circulation, making the graft a success.

The New York Times reported that “three partial face transplants have been performed since 2005, two in France and one in China, all using facial tissue from a dead donor with permission from their families.” “Only the forehead, upper eyelids, lower lip, lower teeth and jaw are hers, the rest of her face comes from a cadaver; she could not eat on her own or breathe without a hole in her windpipe. About 77 square inches of tissue were transplanted from the donor,” it further described the details of the medical marvel. The patient, however, must take lifetime immunosuppressive drugs, also called antirejection drugs, which do not guarantee success. The transplant team said that in case of failure, it would replace the part with a skin graft taken from her own body.

Dr. Bohdan Pomahac, a Brigham and Women’s Hospital surgeon praised the recent medical development. “There are patients who can benefit tremendously from this. It’s great that it happened,” he said.

Leading bioethicist Arthur Caplan of the University of Pennsylvania withheld judgment on the Cleveland transplant amid grave concerns on the post-operation results. “The biggest ethical problem is dealing with failure — if your face rejects. It would be a living hell. If your face is falling off and you can’t eat and you can’t breathe and you’re suffering in a terrible manner that can’t be reversed, you need to put on the table assistance in dying. There are patients who can benefit tremendously from this. It’s great that it happened,” he said.

Dr Alex Clarke, of the Royal Free Hospital had praised the Clinic for its contribution to medicine. “It is a real step forward for people who have severe disfigurement and this operation has been done by a team who have really prepared and worked towards this for a number of years. These transplants have proven that the technical difficulties can be overcome and psychologically the patients are doing well. They have all have reacted positively and have begun to do things they were not able to before. All the things people thought were barriers to this kind of operations have been overcome,” she said.

The first partial face transplant surgery on a living human was performed on Isabelle Dinoire on November 27 2005, when she was 38, by Professor Bernard Devauchelle, assisted by Professor Jean-Michel Dubernard in Amiens, France. Her Labrador dog mauled her in May 2005. A triangle of face tissue including the nose and mouth was taken from a brain-dead female donor and grafted onto the patient. Scientists elsewhere have performed scalp and ear transplants. However, the claim is the first for a mouth and nose transplant. Experts say the mouth and nose are the most difficult parts of the face to transplant.

In 2004, the same Cleveland Clinic, became the first institution to approve this surgery and test it on cadavers. In October 2006, surgeon Peter Butler at London‘s Royal Free Hospital in the UK was given permission by the NHS ethics board to carry out a full face transplant. His team will select four adult patients (children cannot be selected due to concerns over consent), with operations being carried out at six month intervals. In March 2008, the treatment of 30-year-old neurofibromatosis victim Pascal Coler of France ended after having received what his doctors call the worlds first successful full face transplant.

Ethical concerns, psychological impact, problems relating to immunosuppression and consequences of technical failure have prevented teams from performing face transplant operations in the past, even though it has been technically possible to carry out such procedures for years.

Mr Iain Hutchison, of Barts and the London Hospital, warned of several problems with face transplants, such as blood vessels in the donated tissue clotting and immunosuppressants failing or increasing the patient’s risk of cancer. He also pointed out ethical issues with the fact that the procedure requires a “beating heart donor”. The transplant is carried out while the donor is brain dead, but still alive by use of a ventilator.

According to Stephen Wigmore, chair of British Transplantation Society’s ethics committee, it is unknown to what extent facial expressions will function in the long term. He said that it is not certain whether a patient could be left worse off in the case of a face transplant failing.

Mr Michael Earley, a member of the Royal College of Surgeon‘s facial transplantation working party, commented that if successful, the transplant would be “a major breakthrough in facial reconstruction” and “a major step forward for the facially disfigured.”

In Wednesday’s conference, Siemionow said “we know that there are so many patients there in their homes where they are hiding from society because they are afraid to walk to the grocery stores, they are afraid to go the the street.” “Our patient was called names and was humiliated. We very much hope that for this very special group of patients there is a hope that someday they will be able to go comfortably from their houses and enjoy the things we take for granted,” she added.

In response to the medical breakthrough, a British medical group led by Royal Free Hospital’s lead surgeon Dr Peter Butler, said they will finish the world’s first full face transplant within a year. “We hope to make an announcement about a full-face operation in the next 12 months. This latest operation shows how facial transplantation can help a particular group of the most severely facially injured people. These are people who would otherwise live a terrible twilight life, shut away from public gaze,” he said.

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