Thursday, March 7, 2013

Lewis Richmond: Emptiness: The Most Misunderstood Word in Buddhism

"Emptiness" is a central teaching of all Buddhism, but its true meaning is often misunderstood. If we are ever to embrace Buddhism properly into the West, we need to be clear about emptiness, since a wrong understanding of its meaning can be confusing, even harmful. The third century Indian Buddhist master Nagarjuna taught, "Emptiness wrongly grasped is like picking up a poisonous snake by the wrong end." In other words, we will be bitten!

Emptiness is not complete nothingness; it doesn't mean that nothing exists at all. This would be a nihilistic view contrary to common sense. What it does mean is that things do not exist the way our grasping self supposes they do. In his book on the Heart Sutra the Dalai Lama calls emptiness "the true nature of things and events," but in the same passage he warns us "to avoid the misapprehension that emptiness is an absolute reality or an independent truth." In other words, emptiness is not some kind of heaven or separate realm apart from this world and its woes.

The Heart Sutra says, "all phenomena in their own-being are empty." It doesn't say "all phenomena are empty." This distinction is vital. "Own-being" means separate independent existence. The passage means that nothing we see or hear (or are) stands alone; everything is a tentative expression of one seamless, ever-changing landscape. So though no individual person or thing has any permanent, fixed identity, everything taken together is what Thich Nhat Hanh calls "interbeing." This term embraces the positive aspect of emptiness as it is lived and acted by a person of wisdom -- with its sense of connection, compassion and love. Think of the Dalai Lama himself and the kind of person he is -- generous, humble, smiling and laughing -- and we can see that a mere intellectual reading of emptiness fails to get at its practical joyous quality in spiritual life. So emptiness has two aspects, one negative and the other quite positive.

Ari Goldfield, a Buddhist teacher at Wisdom Sun and translator of Stars of Wisdom , summarizes these two aspects as follows:

The first meaning of emptiness is called "emptiness of essence," which means that phenomena [that we experience] have no inherent nature by themselves." The second is called "emptiness in the context of Buddha Nature," which sees emptiness as endowed with qualities of awakened mind like wisdom, bliss, compassion, clarity, and courage. Ultimate reality is the union of both emptinesses.

With all of this in mind, I would like to highlight three common misunderstandings of emptiness: emotional, ethical and meditative.

Emotional

When we say "I feel empty," we mean we are feeling sad or depressed. Emotionally speaking, "emptiness" is not a happy word in English, and no matter how often we remind ourselves that Buddhist emptiness does not mean loneliness or separateness, that emotional undertow remains. At various times I have looked for a substitute translation for the Sanskrit sunyata -- I have tried "fullness," "spaciousness," "connectedness," and "boundlessness" -- but as Ari Goldfield points out, "emptiness" is the most exact translation. "Emptiness" is also the term that my own teacher Shunryu Suzuki used, though he usually added context. Once, speaking of emptiness he said, "I do not mean voidness. There is something, but that something is something which is always prepared for taking some particular form." Another time, speaking of the feeling tone of emptiness, he said, "Emptiness is like being at your mother's bosom and she will take care of you."

Ethical

Some Buddhist students rationalize or excuse bad behavior of their teacher by asserting that through his understanding of emptiness the teacher is exempt from the usual rules of conduct. One student said, "Roshi lives in the absolute so his behavior can't be judged by ordinary standards." While it is true that Buddhist teachers sometimes use unusual methods to awaken their students, their motivation must come from compassion, not selfishness. No behavior that causes harm is acceptable for a Buddhist practitioner, teacher or otherwise.

Meditative

Some Buddhist students think that a meditative state without thought or activity is the realization of emptiness. While such a state is well described in Buddhist meditation texts, it is treated like all mental states -- temporary and not ultimately conducive to liberation. Actually emptiness is not a state of mind at all; it is, as the Dalai Lama says, simply "the true nature of things and events." This includes the mind. Whether the mind of the meditator is full of thoughts or empty of them, this true nature holds.

Conclusion

Finally, since emptiness seems so difficult to understand, why did the Buddha teach it at all? It is because of his profound insight into why we suffer. Ultimately we suffer because we grasp after things thinking they are fixed, substantial, real and capable of being possessed by ego. It is only when we can see through this illusion and open ourselves, in Ari Goldfield's words, "to the reality of flux and fluidity that is ultimately ungraspable and inconceivable" that we can relax into clarity, compassion and courage. That lofty goal is what makes the effort to understand emptiness so worthwhile.

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Follow Lewis Richmond on Twitter: www.twitter.com/lewrichmond

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Source: http://www.huffingtonpost.com/lewis-richmond/emptiness-most-misunderstood-word-in-buddhism_b_2769189.html

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Menendez says he looks forward to vindication

In this Friday, March 1, 2013 photograph, Sen. Robert Menendez, D-NJ, listens during a news conference at Newark Liberty International Airport in Newark, N.J. In the past, Sen. Robert Menendez sponsored legislation with incentives for natural gas vehicle conversions that would benefit the biggest political donor to his re-election, the same eye doctor whose private jet Menendez used for two personal trips to the Dominican Republic, an Associated Press investigation found. The disclosure reflects the latest intersection between Menendez, who is the subject of an ethics inquiry on Capitol Hill, and Florida doctor Dr. Salomon Melgen, who is involved in a federal criminal investigation. (AP Photo/Mel Evans)

In this Friday, March 1, 2013 photograph, Sen. Robert Menendez, D-NJ, listens during a news conference at Newark Liberty International Airport in Newark, N.J. In the past, Sen. Robert Menendez sponsored legislation with incentives for natural gas vehicle conversions that would benefit the biggest political donor to his re-election, the same eye doctor whose private jet Menendez used for two personal trips to the Dominican Republic, an Associated Press investigation found. The disclosure reflects the latest intersection between Menendez, who is the subject of an ethics inquiry on Capitol Hill, and Florida doctor Dr. Salomon Melgen, who is involved in a federal criminal investigation. (AP Photo/Mel Evans)

WASHINGTON (AP) ? Sen. Robert Menendez, who has maintained all along that he never paid prostitutes for sex, said he is looking forward to whatever evidence emerges from courts in the Dominican Republic to vindicate him.

A Dominican lawyer on Monday released an affidavit from a 23-year-old woman saying she fabricated a story about Menendez paying her for sex.

"I've always said that these are false, they're smears," Menendez, D-N.J., told reporters at the Capitol, referring to published reports that he paid prostitutes for sex in the Dominican Republic. "And, so, I look forward to seeing whatever the Dominican courts have that prove what I've said all along."

Vincio Castillo Seman, a Dominican lawyer, told reporters at a news conference Monday in the Dominican Republic that a woman identified as Nexis de los Santos now claims both that she "never went to bed with" Menendez and never actually met him.

Castillo, the son of a Dominican presidential adviser and the brother of a member of the country's Congress, has been entwined in the scandal himself, accused of hosting outings on his yacht in which Menendez used the services of prostitutes.

Like Menendez, he has strongly denied the allegations. Castillo said he would seek a criminal probe into the source of the reports. On Monday, Castillo distributed copies of the woman's sworn statement to reporters. The woman did not attend.

Castillo said de los Santos claims she and a friend were approached by another Dominican lawyer, Melanio Figueroa. The two women recited the accusations on a video that was recorded without their consent, he said.

In an interview with The Miami Herald, Figueroa denied orchestrating the accusations against Menendez. "It was a case that I handled for these women and faithfully represented them for what they said," he said.

Just before Menendez's successful re-election in November, The Daily Caller, a conservative website, published a story that included a video interview with two women who claimed to be prostitutes. The women ? whose faces were blurred in the video ? said Menendez paid them $100 for sex after agreeing to a fee of $500.

On its website early Tuesday, The Daily Caller said neither of the women in the video identified herself as Nexis de los Santos. The website also said both women consented to the presence of a video webcam.

In the video released last year, the two women also claimed they had sex with Castillo and Dr. Salomon Melgen, a Florida eye doctor of Dominican descent who is a prominent Democratic campaign contributor and a major supporter of Menendez. De los Santos claims those allegations are also fabricated.

Melgen said in a statement that he is pleased Dominican authorities are investigating the prostitution claims, which he says are false.

Menendez's ties to Melgen have come under close scrutiny after an FBI raid last month at the doctor's West Palm Beach, Fla., offices. Menendez has acknowledged flying on Melgen's private jet to the Dominican Republic twice and was compelled to reimburse $58,000 for the two flights that he had previously failed to report.

A watchdog group called Citizens for Responsibility and Ethics in Washington has said it had received emails starting in April 2012 alleging that Menendez used the services of prostitutes in the Dominican Republic. The emails came from someone identified as "Peter Williams," though that may be a pseudonym.

___

Associated Press writers Ezequiel Abiu Lopez in Santo Domingo, Dominican Republic, and Erica Werner in Washington contributed to this report.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/89ae8247abe8493fae24405546e9a1aa/Article_2013-03-05-Menendez-Dominican%20Republic/id-fc14968c6f57470099e1aab54765c989

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Apple Versus Its Shareholders

David Einhorn, President of Greenlight Capital, speaks at the 6th Annual New York Value Investing Congress in New York City, October 2010. David Einhorn in October 2010

Photo by Mike Segar/Reuters

After soaring to more than $705 a share in September, Apple stock entered a months-long slide, closing Monday below $419. The reasons for the slide aren?t secret and they aren?t crazy: Samsung has proved it can produce excellent smartphones that people like, Amazon is making tablets, and Apple?s iconic CEO is dead.

The past few months of modestly bad news and increased competition really have no bearing on the all-important question of whether the company can or will develop new blockbuster products in the years to come. But the recent weakness has opened the company?s management up to second-guessing not only about its products but about corporate strategy?particularly its staggering $135 billion in accumulated cash and other short-term investments.

That?s an awful lot of money. All the outstanding shares of Amazon combined, for example, are only worth $124 billion. McDonald?s is worth $94 billion. In fact, there are fewer than 20 companies in the S&P 500 whose total value exceeds the $135 billion Apple has stashed in the bank.

And that?s what makes the fall in Apple?s share price so strange. One simple way of assessing a company?s stock is to look at what?s called the price-to-earnings ratio?the value of all its stock divided by a year?s worth of profits. Apple?s current PE ratio is 9.5, which is on the lowish side. That is the kind of ratio expected from an electrical utility, an oil company, or some other business that?s sound but with a weak growth outlook.

But a simple PE ratio doesn?t consider the value of cash on hand. If you assume each $1 that Apple has in the bank is worth $1, then the entire rest of the company?the patents, the personnel, the brand, the stores, the supplier relationships, everything?are worth only $265 billion. That gives the business, viewed as an ongoing enterprise, a PE ratio of about 6.3. That?s preposterously low. To look at it another way, you can take the inverse of a stock?s PE ratio and get the earnings yield?the profits you would pocket if you bought the whole company. Excluding cash, Apple has an earnings yield of almost 16 percent. That?s insanely high at a time when junk bonds are yielding less than 7 percent. Taken literally, that reflects an extraordinarily pessimistic view of a company that continues to offer the world?s most popular smartphone, most popular tablet, and a growing PC business.

Which probably goes to show that we shouldn?t take the stock price literally. The financial markets are sharply discounting the value of Apple?s cash: They actually think it is worth less than its face value. And that?s why some Apple shareholders are increasingly vocal about the idea that they?d like some of it.

One high-profile idea is hedge-fund manager David Einhorn?s proposal for Apple to issue preferred shares with a guaranteed lifetime dividend, cutely dubbed ?iPrefs.? Morgan Stanley?s Katy Huberty thinks Apple can and will simply use its strong cash position to borrow money and pay shareholders. Warren Buffett has the most straightforward proposal of all: If Apple?s large cash heap is causing its stock to be undervalued, why doesn?t Apple spend the money on buying Apple stock?

These proposals all have different advantages and disadvantages, but Apple management deflects them all with vague allusions to strategic flexibility and the sensible observation that it?s important to stay focused on the actual products rather than managing the share price.

This still raises the question of why piling up short-term securities is what Tim Cook wants to do with his profits. He could go out and spend it on sexy acquisitions?Dropbox! Pandora!?to build strength in online services where the company is weak. He could follow in the footsteps the rich tech companies of yesteryear and acquire content companies?think Sony or, less promisingly, AOL Time Warner.

A more boring option would be to cut price and deliberately sacrifice short-term earnings for market share. Apple allegedly sells all the iPhones it can make, but it seems very likely that people would buy more Macs if they were cheaper. Apple?s 30 percent cut of app sales seems steep, and it?d be easy to imagine deliberately sacrificing that revenue and other content sales commissions as a worthwhile investment in the overall strength of the platform.

Yet the sobering thought for Apple shareholders (a group that, full disclosure, includes me in a minor way) should be that if management doesn?t want to do anything with the cash, nobody can stop them. A $40 billion company with $13.5 billion cash on hand and a 9.5 PE ratio would be a tempting leveraged-buyout target for a daring corporate raider. But with the largest buyout in history having topped off at an inflation-adjusted $57 billion way back in 1989, Apple is much too large to swallow. And unlike at Google or Amazon or Facebook, nobody involved in running Apple owns a large share of it, so they have no particularly compelling reason to care what shareholders think. And the very size of the cash stockpile means there?s no plausible scenario under which they?d need to turn to financial markets for investment funds of any kind. Apple executives are free to do whatever they want with that money and essentially always will be. And that growing realization is likely exactly what?s turned markets against the company.

Source: http://feeds.slate.com/click.phdo?i=93f9f743be7160a9c484c86abcf7c068

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Wednesday, March 6, 2013

Deal of the Day: Incipio Slim Kickstand Folio for Google Nexus 7

Deal of the Day The March 6 ShopAndroid.com Deal of the Day is the Incipio Slim Kickstand Folio for Google Nexus 7. This case is made from a luxurious vegan leather that protects your Nexus 7 while allowing multiple viewing angles with its built-in kickstand. With the elastic band closure, you can go about your day knowing that your device is safe and secured.

The Incipio Slim Kickstand Folio is available for just $24.00, 40% off today only. Backed by our 60-day return policy and fast shipping!

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Source: http://feedproxy.google.com/~r/androidcentral/~3/0LS7oZSzjrc/story01.htm

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CT REIA Announces March 2013 Meeting With Real Estate ...

West Hartford, CT (March 4, 2013) ? The Connecticut Real Estate Investors Association, or CT REIA, in association with Damon Remy, is announcing its March 2013 monthly meeting. This event will take place on March 11, 2013 from 5:30 pm to 9:00 pm. The location for this event is the Four Points Sheraton, located at 275 Research Parkway in Meriden, CT. Attendees are encouraged to arrive early for networking opportunities.

For more than two decades, Damon Remy has made a home for himself on the leading edge of technology. Utilizing the Internet since the dial up days of yore, he continues to create progressive systems that allow businesses of all sizes to operate faster, more effectively, and most importantly more profitably. In 2001, the world of real estate opened its arms to Damon, offering him a place as a consultant with a fast growing mortgage company that focused specifically on real estate investors. In that rapidly expanding high-speed market, Damon developed systems for management workflow, lead tracking, and total business automation that skyrocketed many of his Loan Officers to national production rankings.

Attendees of this event will learn: how to reach millions of buyers of property in 5 minutes; one click Craigslist ads to stand out from the competition; deal analysis in 60 seconds; how to increase a business network and grow a list of buyers, sellers, and vendors; how to manage email lists with a simple one-click interface; how to never make a cash flow mistake again; one-click social media sharing; one-click websites that capture leads; and much more.

The schedule for this event is as follows. At 5:45 pm attendees can network with vendors. At 6:00 pm there will be an Early Bird Workshop. At 6:30 pm there will be speed networking. Attendees are encouraged to bring plenty of business cards. At 7:00 pm CT REIA members will present their deals. At 7:15 Damon Remy will begin his presentation.

About The Company:
CT REIA is an organization that provides motivation, networking opportunities, and up-to-date education for people who want to buy their own home or investment property. Each month nationally recognized real estate investing trainers hold seminars at CT REIA. Real estate professionals, entrepreneurs, investors, landlords, property managers, realtors, contractors, wholesalers, rehabbers, and the general public are invited to attend our monthly meetings for educational and networking opportunities. For more information on this and other?real estate investing training?from CT REIA, please call (860) 265-4414 or visit the?Connecticut Real Estate Investors?Association website.

Contact:
Nicole Post
press@ctreia.com
(860) 265-4414

http://www.ctreia.com

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Source: http://blog.ctreia.com/ct-reia-announces-march-2013-meeting-with-real-estate-technology-expert-damon-remy/

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Tuesday, March 5, 2013

Second sinkhole appears. Does your insurance cover sinkholes?

By Schuyler Velasco,?Staff writer / March 5, 2013

This video image shows an aerial photo of a sinkhole Monday in Seffner, Fla., that opened up underneath a bedroom and swallowed Jeffrey Bush. Florida is one of only two states where insurers of residences have to cover damage related to earth movement.

ABC Action News-WFTS TV/AP

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It?s been an eventful geological week in Florida. Just days after a massive sinkhole opened up in Tampa suburb, swallowing an entire home in the process, another smaller (yet sizable) sinkhole appeared a few miles away, in a residential neighborhood between two homes in Hillsborough County.

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Sinkholes that large, sudden, and disastrous are relatively rare. However, thousands of smaller ones occur in the eastern United States every year, and because of its geological makeup, the entire state of Florida is particularly prone. They can occur gradually or all at once, causing damage as small as a cracked sidewalk or as large as a swallowed car. The recent spate of newsworthy sinkholes may have many homeowners wondering: Does my insurance cover that?

In most states, the answer is no. Only in Florida and Tennessee ? where sinkholes are common ? are home insurance providers required to offer coverage for damage related to earth movement. ??In California, earthquake coverage is optional,? says Lynne McChristian, the Florida representative for New York-based Insurance Information Institute. "The home and your property are covered but not the land. Insurers in Florida are required to cover land as well.?

Florida Statute 627.706 requires insurers to include coverage for ?catastrophic ground cover collapse,? and offer additional separate coverage for other sinkhole damage. Under Florida law, ?catastrophic ground collapse is defined as 'geological activity' that results in all of the following:

1; The abrupt collapse of ground cover

2. A depression in the ground cover that is clearly visible to the naked eye

3. Structural damage to the building including the foundation

4. The insured structure being condemned and ordered to be vacated by the government agency authorized by law to issue such an order for that structure.

In other words, if a sinkhole swallows your home or part of your home outright, you should be compensated with a typical home insurance policy. Beyond that, things get a little tricky. All-encompassing sinkhole coverage was required in Florida until 2007, but it was dropped in favor of the ?ground cover collapse? language, leaving additional coverage to be offered as a supplement. Then, in spring 2011, Florida Senate Bill 408, narrowed the definition of damage that qualified in the face of fraud and rising costs for insurers.

Sinkhole insurance in the Sunshine State has been somewhat of a nightmare for policyholders and providers alike in recent years. Rates for sinkhole coverage jumped last year, with state-run Citizen?s Property Insurance hiking rates 50 percent in parts of? ?sinkhole alley? ? pockets of Hernando, Pasco, Hillsborough, and Pinellas counties, in and around the greater Tampa area, according to the Consumer Insurance Guide. Private insurers hiked rates?up to 200 percent.?

Part of the reason: Residential insurance claims for sinkhole damage ballooned. The Tampa Bay Times reported that sinkhole claims for Citizens nearly tripled between 2007 and 2011. ?We ended up with an enormous explosion in the amount of sinkhole claims coming forward,? says Robin Westcott, Florida?s Insurance Consumer Advocate, in a telephone interview with the Monitor. ?We were handing out checks to people with cracks in their driveways and patio for sinkhole damage and it didn?t mean repairs were required. There was not a clearly defined threshold for what structural damage was covered.?

What?s going on underground in Florida's tricky geology can be difficult to predict and diagnose. ?To do a thorough engineering test for sinkhole damage, it costs at least $10,000,? Ms. McChristian says.? In many of the fraud cases, it was more expensive for an insurer to verify a sinkhole claim than to go ahead and pay it.

Bill 408 ?tightened up the loopholes,? she adds. ?Now, if you get paid for sinkhole damage you have to use the money for repairs.?

But with less serious structural damage largely written out of insurance claims, Ms. Westcott expects insurance claims to plummet, and she would like to see those hiked premiums do the same, eventually. ?Catastrophic ground cover collapse? accounts for less than 1 percent of sinkhole claims, which she argues will lower the cost for insurers substantially in the coming years. ?You had a game changer of a bill in 408 that should reduce your claims substantially. And even if you could justify a 100 percent increase it would be unfair to people.?

For homeowners worried about their coverage, she recommends assessing the risks associated with your location and being proactive in going over them with your insurer. But while recent news has driven some curiosity over sinkhole coverage, such discussions are a matter of routine for the typical Florida homeowner. From hurricanes to sinkholes, the state?s capacity for natural disaster is so wide-ranging that ?consumers get completely fatigued trying to figure out what is and isn?t in their homeowners insurance down here,? she says.
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?But frankly, we?re probably a little more aware because of it," she adds. "We have a lot of specific touch points with our insurance that I doubt people in other places even think about.?

Source: http://rss.csmonitor.com/~r/feeds/csm/~3/dKcqJPGkGw0/Second-sinkhole-appears.-Does-your-insurance-cover-sinkholes

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Dow closes at all-time high, beating 2007 record

Michael Pistillo, Jr. right, with Barclays, calls out the price of Tiffany & Co. stock to Joseph Lawlor at the New York Stock Exchange, Tuesday, March 5, 2013 in New York. The Dow Jones industrial average jumped nearly 100 points early Tuesday, reaching an all-time high, powered by China's strong economic growth targets and a jump in European retail sales. (AP Photo/Mark Lennihan)

Michael Pistillo, Jr. right, with Barclays, calls out the price of Tiffany & Co. stock to Joseph Lawlor at the New York Stock Exchange, Tuesday, March 5, 2013 in New York. The Dow Jones industrial average jumped nearly 100 points early Tuesday, reaching an all-time high, powered by China's strong economic growth targets and a jump in European retail sales. (AP Photo/Mark Lennihan)

(AP) ? The Dow is closing at a record, beating the previous high it set in October 2007, before the financial crisis and the Great Recession.

The Dow Jones industrial average rose 125.95 points, or 0.9 percent, to close at 14,253.77 Tuesday, beating its previous record by 89 points.

The index is up 8.8 percent this year, capping a remarkable comeback. The Dow has more than doubled since hitting a 12-year low in March 2009.

The Standard & Poor's 500 index rose 14.59 points, or 1 percent, to 1,539.79. The S&P is also within striking distance of its record close of 1,565.

The Nasdaq gained 42.10 points, or 1.3 percent, to 3,224.13.

Three stocks rose for every one that fell on the New York Stock Exchange. Volume was light, 3.3 billion shares.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/f70471f764144b2fab526d39972d37b3/Article_2013-03-05-US-Wall-Street-Close/id-fcb5d1c996c44585977b857df2a81737

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