Oh, I can do that home improvement project. Think again ...

With all of the DIY shows on tv many homeowners are gaining confidence to do their own home improvements. While some projects are fine to tackle other are not.

Here are some things you should save for the professionals.

Plumbing Unless you?re fixing a drain or unclogging toilet, there aren?t a lot of plumbing projects you should DIY. Messing with the plumbing can lead to expensive mistakes. A sudden pipe burst can fill your home with water in minutes. Plumbing that?s not properly tested can leak and pool, causing water damage and an even worse problem, with possible several health consequences ? mold.

Decks seem like something people can do on their own and a great project to get underway on the weekend. But decks have collapsed and it comes from not having that experience how to properly attach the deck to the house. The problem with decks is that they can and do collapse, and cause major injury and damage.

Electrical There are so many electrical codes you have to follow when installing your own electric. Improperly installed electric can cause fires at any point, putting everyone in the home and the home itself at risk. You?re even at risk during installation, when a major shock could seriously hurt you.

Demolition An often asked question is, How much can I save if I do the demolition myself? They see people on TV running sledgehammers through drywall and it all seems fun. Unfortunately too many things go wrong during demolition and more often than not, they?re hugely costly to repair.

One homeowner was ripping out cabinets when he broke off the water shutoff valve, blasting water out of the pipes. By the time the homeowner got to the basement to turn off the water, his basement and first floor was flooded with water.

Hopefully this information will help guide you with your home improvement projects.? If you have a question MEGA Home Improvement is just a phone call away. 847.658.8989

Source: http://megapros.com/archives/1351

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Analysis: Russia and China in WTO - a world apart

LONDON (Reuters) - Russia's 19-year wait to enter the World Trade Organisation is finally over. Unfortunately, the kind of export and investment miracle enjoyed by fellow-BRIC China after it joined the club is likely to remain well out of its reach.

China too waited 15 years on the WTO's doorstep. But for Beijing, joining in 2001 set the stage for a decade that quintupled its exports and propelled its economy from sixth place globally to the world's second biggest.

Russia's commodity-based economy is less well placed to enjoy that kind of spurt. And with trade and investment flows both scarcer than a decade ago, it will struggle to attract investments on a similar scale to its Far East neighbor.

First, though, there are plenty of positives.

Foreign tariff barriers are estimated to cost Russian exporters $1.5 billion to $2 billion a year. The WTO confers lower trade barriers and equal treatment for all members.

Moscow will have to haul up its own barriers, with average tariffs set to fall by a third - tariffs on foreign cars for instance are to halve by 2019. So cheaper imports should leave consumers and companies with more money to spend.

And while parts of some uncompetitive sectors could sink - Russia's auto industry is a much-cited example - others such as banks and telecoms will be opened to foreign investment.

Furthermore, Russia is hobbled by a reputation for crony capitalism, red tape and disregard for investors' rights. Optimists hope WTO-entry, which has the blessing of President Vladimir Putin and is bound by strict previously agreed timetables, will instill a sense of urgency into the Kremlin's half-hearted reform efforts.

Ed Conroy, a fund manager at HSBC Global Asset Management, reckons Russia, like most new WTO entrants, will enjoy a growth and investment pickup if it dismantles protectionist barriers and finally shows a clear commitment to free-market policies.

"WTO is not a magic wand they can wave to create an investment haven but if you create a less restrictive framework, you automatically create opportunities. Don't expect a revolution but an evolution towards a more open, competitive economy," says Conroy, who invests in Russia.

Conroy is betting bank shares will be prime beneficiaries in post-WTO Russia. Others such as Chris Weafer at Moscow brokerage Troika Dialog advise loading up on shares in some retailers and airlines that stand to gain from lower import tariffs.

All this gels with the view of the World Bank which has calculated the short-term value of WTO membership to Russia at $49 billion a year or over 3 percent of gross domestic product at 2010 prices. That would rise to $162 billion annually when the longer-term impact on the investment climate is factored in.

DIFFERENT COUNTRIES, DIFFERENT WORLD

But this does not spell a China-like growth miracle.

A vast pool of cheap labor handed China a post-WTO bonanza, with goods exports rising more than 20 percent a year. Foreign direct investment (FDI) inflows surged five-fold over the decade thanks to foreign companies setting up factories.

That won't happen in Russia. For one, its exports are dominated by oil and gas, which are not subject to tariff barriers. Second, the manufacturing-for-export model is unlikely to take off because of relatively high Russian labor costs.

United Nations trade body UNCTAD has also admitted that WTO accession "may not have substantial FDI-generating effects" for Russian manufacturing.

WTO Director General Pascal Lamy is also not expecting too much for Russia immediately.

"I think China-2001 and Russia-2012 are not really comparable," he told Reuters Insider, citing the different export structures of the two countries and also the fact that Moscow had negotiated for a gradual phased-in opening up of trade.

"This is not a big bang accession," he added.

Crucially, Russia will suffer from the difference in the world economy that has occurred since China's 2001 entry. Back then the global economy stood on the cusp of a trade boom fuelled by surging housing and credit markets.

"What China benefited from was that for many years you had a period of debt-driven growth in the West," said John-Paul Smith, head of emerging equity strategy at Deutsche Bank.

Now, much of the developed world is in recession, with governments as well as consumers slashing spending. The WTO predicts trade will grow just 3.7 percent growth this year, almost half the 6 percent annual average between 1990 and 2008.

The effect, even on established export powerhouses has been profound, with Asia's aggregate trade surplus in danger of turning into a deficit soon for the first time in over a decade, according to analysts at JP Morgan.

Ironically, Russia's current exports of metals and oil are most vulnerable to the growth slowdown in China, whose demand has underpinned the decade-long price boom in these commodities. So great is this danger, that it could eliminate any WTO-led boost for Russia, Deutsche's Smith says,

"WTO is probably going to be dwarfed by what will happen to commodity prices in the wake of what's going on in China," he said. "That's especially so if you take the view that China's economy is entering a structural rather than cyclical slowdown."

One example is the steel industry which, burdened by tariffs and quotas from importers, was fingered as a potential WTO winner. It now faces oversupply and shrinking demand globally.

"Most companies are not filling their existing quotas due to low demand," Troika's Weafer said in a note. "The positive tariff removal effect will not be seen until there is a broad economic recovery leading to higher steel usage."

(Reporting by Sujata Rao. Editing by Jeremy Gaunt.)

Source: http://news.yahoo.com/analysis-russia-china-wto-world-apart-054541837--sector.html

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Council Rejects Rezoning Request | Daily Business News

In re-visiting a story we last published Aug. 15, 2012 about the Clawson Mobile Home Park in Boone, North Carolina being closed to make way for a 266-unit student housing complex, the WataugaDemocrat reports the Boone Town Council unanimously voted Tue. Aug 21 to deny the petition by Mega Builders of Greensboro, NC to rezone the property. Councilwoman Lynne Mason, a steady advocate for affordable housing in Boone, says, ? It takes away an affordable housing option without offering an affordable housing alternative.? Councilman Rennie Brentz adds, ?If there was a sense of contributing to the community other than economically ? I could be more sympathetic.? As MHProNews learned, the owners plan to close the community Oct. 4 whether a change in zoning goes through or not.

(Photo credit: Anna Oakes/Watauga Democrat?Boone Town Council)

Categories: Business, Communities, Legal, Manufactured Homes, mobile home, News Item, Zoning Tags: advocate, affordable housing, boone north carolina, councilman, councilwoman, greensboro nc, home park, mason, MHProNews, mobile home park, petition, rennie, student housing, wataugademocrat

Source: http://www.mhmarketingsalesmanagement.com/blogs/daily-business-news/council-rejects-rezoning-request/

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AT&T Disables Tower Frequencies after Emergency Communications

AT&T temporarily disabled a frequency emitted by 16 towers in Oakland Calif., Tuesday, Aug. 21, after the signals interfered with emergency responder radio communications.

The towers caused radio failures in police cars and fire trucks when they were within a quarter to half mile radius, David Cruise, Oakland?s public safety systems adviser, said.

FCC confirmed the interference and AT&T shut down the 850MHz frequency on the towers last week ? which only affected? 2G customers with older phones.

Sprint Nextel, meanwhile, paid $10.5 million to move Oakland?s $7.5 million radio system last year to a frequency that would not be affected by its network, according to Cruise.

The city is investigating other failures in communications involving interference.

To learn more, visit the San Francisco Chronicle.

?

Source: http://www.interferencetechnology.com/att-disables-tower-frequencies-after-emergency-communications-disrupted/

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news5wcyb: Joy Madison named new President and CEO of the Bristol, TN-VA Chamber of Commerce. Previously, she held a similar position in Modesto, CA.

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Payday advance financial loans : No Credit Examine No Fax ...

Article by Jessica Smith

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Source: http://www.enredosfa.com/payday-advance-financial-loans-no-credit-examine-no-fax-financial-loans/

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Panasonic G5 mirrorless camera gets September 13th release date in Japan

Panasonic G5 mirrorless camera gets September 13th release date in Japan

We enjoyed our short time with Panasonic's new mirrorless G5 in our hands-on last month, even if it was a little on the porky side. And, if you hail from the Land of the Rising Sun and had your heart set on one of these 16-megapixel shooters, Panny's announced you'll get your chance from September 13th. We're getting dangerously close to missing the stateside launch target of August, but where the US website is showing the G5 as unreleased, availability on Amazon tells a different story. We're reaching out for confirmation on that -- as well as pricing -- and will update should we hear more.

Filed under:

Panasonic G5 mirrorless camera gets September 13th release date in Japan originally appeared on Engadget on Thu, 23 Aug 2012 10:58:00 EDT. Please see our terms for use of feeds.

Permalink   |  sourcePanasonic (1), (2), Amazon  | Email this | Comments


Source: http://feeds.engadget.com/~r/weblogsinc/engadget/~3/cARWTVtIB4U/

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Family sues nursing home - Winnipeg Free Press

Winnipeg Free Press - PRINT EDITION

Province blamed death on neglect

submitted photo
Marsha Palansky (right) and other family members are suing a nursing home after the 2010 death of Lilian Peck (left).

WINNIPEG FREE PRESS Enlarge Image

submitted photo Marsha Palansky (right) and other family members are suing a nursing home after the 2010 death of Lilian Peck (left).

Lilian Peck's family is suing the nursing home the province put under a microscope and blamed for neglect leading up to her death.

Peck died at the Sharon Home in Linden Ridge. Her treatment has been the focus of at least three provincial government investigations in the last two years.

But the lawsuit marks the first time Peck's family -- her daughters and grandchildren -- have taken legal action against the institution that is subject to provincial standards.

This time it's emotional and personal, said Marsha Palansky, Peck's daughter.

"Basically, it's to make sure this never happens again at Sharon Home or any other nursing home," Palansky said.

"It was a complete family decision, there were seven of us," Palansky added, listing her three adult children and her sister's family as parties to the suit.

"I want nursing homes to realize the elderly are still human beings. Sometimes we treat our beloved cats and dogs better than our seniors. I think that's horrible," Palansky said.

The lawsuit is asking for payment of funeral costs of $7,865.91, legal costs and unspecified damages.

A year ago, Manitoba Health determined Peck died after a skin infection -- brought on by sitting in diapers soiled with feces -- led to sepsis, a form of blood poisoning that can prove fatal.

Peck died Oct. 19, 2010 of multiple organ failure at Victoria General Hospital. She was 93.

Two days earlier, she'd been found feverish and unresponsive in her nursing home bed.

A year ago, media reports quoted provincial officials as describing the elderly woman's treatment in the home as "physical abuse by neglect."

The provincial Protection of Persons in Care Office (PPCO), which investigates allegations of abuse in hospitals and personal care homes, did not make the report public. But the Free Press obtained a copy of a letter from the province to the Simkin Centre, the corporate name for the home. It summarized some of its findings and the daughter confirmed the account again Monday.

In addition to the PPCO report, the Winnipeg Regional Health Authority conducted a review surrounding Peck's death and ordered two more reports: A performance-standards review due early next month and a review by an outside consultant on the facility's leadership and communication skills, including its dealings with patients' families.

The Canadian Press has reported one nurse lost her job and seven nurses were disciplined. The nursing home has since made improvements.

Sharon Home CEO Kathleen Klassen said in an email relayed by the health authority she'd only just learned about the lawsuit and had no comment. However, "the death of Mrs. Peck was a tragic incident for which we apologized to the family," Klassen wrote, repeating the actions taken since then.

"As a result of all of these measures, an action plan was developed in conjunction with the Winnipeg Regional Health Authority and Manitoba Health and with significant input from residents and families in order to ensure a high quality of care is provided to all our residents."

Palansky said her mother had health problems but she was alert and her care was good until the last two weeks of her life.

At that point, her care changed, Palansky said.

alexandra.paul@freepress.mb.ca

Republished from the Winnipeg Free Press print edition August 21, 2012 A5

Source: http://www.winnipegfreepress.com/local/family-sues-nursing-home-166859556.html

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Elusive metal discovered

[ Back to EurekAlert! ] Public release date: 22-Aug-2012
[ | E-mail | Share Share ]

Contact: Viktor Struzhkin
vstruzhkin@gl.ciw.edu
202-478-8952
Carnegie Institution

Washington, D.C.Carnegie scientists are the first to discover the conditions under which nickel oxide can turn into an electricity-conducting metal. Nickel oxide is one of the first compounds to be studied for its electronic properties, but until now scientists have not been able to induce a metallic state. The compound becomes metallic at enormous pressures of 2.4 million times the atmospheric pressure (240 gigapascals). The finding is published in Physical Review Letters.

"Physicists have predicted for decades that the nickel oxide would transition from an insulatora compound that does not conduct electricityto a metal under compression, but their predictions have not previously been confirmed," remarked team leader Viktor Struzhkin of Carnegie's Geophysical Laboratory. "This new discovery has been a goal in physics that ranks as high as achieving metallic hydrogen, but for metal oxides."

The outer shells of atoms contain what are called valence electrons, which play a large role in electrical and chemical behavior. Metals generally have one to three of these valence electrons, while non-metals have between five and seven. Metals are good conductors of electricity because the valence electrons are loosely bound, so the electrons are free to flow through the material.

Nickel oxide is what is called a transition metal oxide, which despite its partially filled outer shell of electrons, remains an insulator. The scientists placed thin crystal samples, no more than one millionth of a meter (micron) thick, into a custom-designed diamond anvil cell. Four thin foil leads were crafted to allow the measurements. The researchers were able to measure declining electronic resistance beginning at 1.3 million atmospheres (130 gigapascals). At 2.4 million atmospheres there was a dramatic, three-order-of-magnitude drop in electronic resistance indicating a change from a semiconducting to a metallic state. The metallic part of the material was located in the region of highest compression.

"This finding is certainly important in providing a better understanding of advanced electronic materials," said Alexander Gavriliuk, first author of the publication and a visiting scientist at Carnegie's Geophysical Laboratory. "But it also gets us closer to the ultimate goal of the condensed matter scienceimproving theory so it can predict the properties of new materials and then guiding their preparation for practical use."

###

The Carnegie Institution for Science is a private, nonprofit organization headquartered in Washington, D.C., with six research departments throughout the U.S. Since its founding in 1902, the Carnegie Institution has been a pioneering force in basic scientific research. Carnegie scientists are leaders in plant biology, developmental biology, astronomy, materials science, global ecology, and Earth and planetary science.


[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


[ Back to EurekAlert! ] Public release date: 22-Aug-2012
[ | E-mail | Share Share ]

Contact: Viktor Struzhkin
vstruzhkin@gl.ciw.edu
202-478-8952
Carnegie Institution

Washington, D.C.Carnegie scientists are the first to discover the conditions under which nickel oxide can turn into an electricity-conducting metal. Nickel oxide is one of the first compounds to be studied for its electronic properties, but until now scientists have not been able to induce a metallic state. The compound becomes metallic at enormous pressures of 2.4 million times the atmospheric pressure (240 gigapascals). The finding is published in Physical Review Letters.

"Physicists have predicted for decades that the nickel oxide would transition from an insulatora compound that does not conduct electricityto a metal under compression, but their predictions have not previously been confirmed," remarked team leader Viktor Struzhkin of Carnegie's Geophysical Laboratory. "This new discovery has been a goal in physics that ranks as high as achieving metallic hydrogen, but for metal oxides."

The outer shells of atoms contain what are called valence electrons, which play a large role in electrical and chemical behavior. Metals generally have one to three of these valence electrons, while non-metals have between five and seven. Metals are good conductors of electricity because the valence electrons are loosely bound, so the electrons are free to flow through the material.

Nickel oxide is what is called a transition metal oxide, which despite its partially filled outer shell of electrons, remains an insulator. The scientists placed thin crystal samples, no more than one millionth of a meter (micron) thick, into a custom-designed diamond anvil cell. Four thin foil leads were crafted to allow the measurements. The researchers were able to measure declining electronic resistance beginning at 1.3 million atmospheres (130 gigapascals). At 2.4 million atmospheres there was a dramatic, three-order-of-magnitude drop in electronic resistance indicating a change from a semiconducting to a metallic state. The metallic part of the material was located in the region of highest compression.

"This finding is certainly important in providing a better understanding of advanced electronic materials," said Alexander Gavriliuk, first author of the publication and a visiting scientist at Carnegie's Geophysical Laboratory. "But it also gets us closer to the ultimate goal of the condensed matter scienceimproving theory so it can predict the properties of new materials and then guiding their preparation for practical use."

###

The Carnegie Institution for Science is a private, nonprofit organization headquartered in Washington, D.C., with six research departments throughout the U.S. Since its founding in 1902, the Carnegie Institution has been a pioneering force in basic scientific research. Carnegie scientists are leaders in plant biology, developmental biology, astronomy, materials science, global ecology, and Earth and planetary science.


[ Back to EurekAlert! ] [ | E-mail | Share Share ]

?


AAAS and EurekAlert! are not responsible for the accuracy of news releases posted to EurekAlert! by contributing institutions or for the use of any information through the EurekAlert! system.


Source: http://www.eurekalert.org/pub_releases/2012-08/ci-emd082212.php

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Ryan's economic thinking more Reagan than Tea Party

Brian Snyder / Reuters

Republican vice-presidential candidate, Representative Paul Ryan, R-Wis., speaks during a town hall meeting campaign stop with Republican presidential candidate Mitt Romney in Manchester, N.H., this week.

By Nick Carey, Reuters

OXFORD, Ohio?- When Cesar Conda was a Republican staff director on the?Senate's Small Business Committee in 1991, he often was badgered with questions on economic theory by Paul Ryan, then a 21-year-old intern.

Ryan, now the Republican candidate for vice president, "worked in the mail room and would constantly pop his head into my office to ask questions about supply-side economics," Conda said. "I had a lot of work to do, so I gave him a couple of books to keep him busy."

Conda, now chief of staff for conservative Florida Sen.?Marco Rubio, lent Ryan Jude Wanniski's "The Way the World Works" (1978), which Conda called "the Bible" for the 1981 Kemp-Roth tax cut that lowered the top U.S. income tax rate to 50 percent from 70 percent. Conda also lent Ryan George Gilder's "Wealth and Poverty" (1981), which Conda says was a guide for President Ronald Reagan's supply-side economic policies of lowering taxes, slowing government growth and reducing regulation.

Ryan soon returned the Wanniski book, but Conda did not retrieve "Wealth and Poverty" until 2008, when he saw it in Ryan's Capitol Hill office. By then, Ryan was a five-term congressman from Wisconsin and the top Republican on the House Budget Committee.

"The margins were full of notes," added Conda, an economic adviser to the 2008 presidential campaign of Republican Mitt Romney, whom Conda introduced to Ryan in 2007.

Those who have known Ryan since the early 1990s describe a young man with a clear idea of his own political and economic philosophy. Ryan spent his formative years strengthening his grasp of supply-side economic theory.

Democratic opponents say that Ryan's austere budget plan -- which would carve into social programs that protect the poor such as food stamps and Medicaid health insurance -- is uncompromisingly cruel and based on an ideology of tax cuts and reduced regulation that, under former President George W. Bush, caused America's current economic woes.

Ryan and other Republicans reject that portrayal of the budget and its author.

Those in what Kansas Gov. Sam Brownback calls Ryan's "band of brothers" -- like-minded Republican politicians and strategists from Reagan's tenure in the 1980s and Ryan's formative years in Washington in the 1990s -- say that while Ryan is committed to supply-side economics, he is capable of compromise on economic issues.

That would make Ryan more like Reagan than today's Republican hard-liners, who view Reagan as a conservative icon but typically reject the former president's penchant for compromising with Democrats.

Some recall conversations with Ryan in 2008 before Congress' votes to create the Troubled Asset Relief Program, the controversial bank bailout that cost taxpayers more than $400 billion. Ryan looked beyond his opposition to TARP because he realized the alternative was to subject America to an economic depression, these Ryan fans and supply-siders said.

"Paul is an eager, happy warrior on the battlefield of ideas," said Vin Weber, a former Minnesota congressman who was a co-director of the now-defunct conservative think tank Empower America, where Ryan worked in the 1990s. "He has strong beliefs, but he's driven by data. Paul knew without TARP in 2008 we would descend into another Great Depression, and I still think he did the right thing by voting for it."

'Vision quest'
During a 2009 commencement speech he gave at Miami University in Oxford, Ohio, where he graduated in 1992, Ryan referred to having had a "difficult" time in high school after his father's death.

He also mentioned an economics professor, Rich Hart.

"He provided me with much more than just an education in economics," Ryan said. "He provided a vision quest in my mind to improve the economy of our nation."

Hart, whose "intellectual hero" is economist Milton Friedman, had long conversations with Ryan and gave him a copy of Friedman's "Capitalism and Freedom."

Hart said he often has given students Ayn Rand's "Atlas Shrugged," a novel about a rebellion by citizens against high taxes and government regulation that Ryan has said had a great influence on him. Hart said Ryan already had read the book by the time Hart taught him.

"When Paul Ryan arrived at Miami he already had an economic and political philosophy," Hart said. "He spent his time here refining and strengthening it."

When Ryan went to Oxford in 2009, Hart says he tried to persuade his former student to run for president. He recalls Ryan saying no, that he did not want to leave his three young children to campaign for two years.

While at Miami, Ryan interned for Republican Sen.?Bob Kasten of Wisconsin and for the Senate Small Business Committee. Kasten said he offered Ryan a job after he graduated in 1992 and that Ryan "was always mature beyond his years."

But Kasten recalled a moment of youthful longing by Ryan. When Ryan got the job offer, he said he wanted to take a year off to be a ski instructor in Colorado. Ryan's mother, Elizabeth, insisted he seize the chance to work in Washington.

After Kasten lost to Democrat Russ Feingold in the 1992 election, Ryan joined Empower America, where he helped former congressman Jack Kemp, the co-author of the 1981 tax cut and Empower America's co-director for economic policy.

Founded after Democrat Bill Clinton won the 1992 presidential election, Empower America was intended to compete with Democrats "on the battlefield of ideas," Weber said. The think tank featured economists such as Arthur Laffer, one of Reagan's economic advisers.

Empower America later merged with Citizens for a Sound Economy, which later split into FreedomWorks and Americans for Prosperity, the latter of which has backing from oil and gas billionaire brothers Charles and David Koch.

Ryan was very close to Kemp, who briefly sought the 1988 Republican presidential nomination and was Bob Dole's vice presidential running mate in 1996.

Weber said that Kemp, who died in 2009, "was the great hope for many of us after Reagan because for conservatives of my ilk he best embodied Reagan's policies.

"After Kemp, Paul Ryan emerged as our next great hope," he added.

Some have portrayed Kemp as a second father to Ryan, but Kasten says that is not quite accurate.

Kasten said Ryan has had several brother-type relationships with like-minded conservatives such as Kasten, "based on mutual respect and love."

Very sharp
Conda introduced Ryan to Romney in Ryan's office January 2007. What was supposed to be a courtesy meeting quickly became something more.

"Before long they were talking about entitlement reform and marginal income taxes," he said. "Afterwards, Romney said to me, 'I like him; he's very sharp.' "

Apart from sharing an apparent affinity for tax and economic theory, some who know Ryan say he and Romney are both compromisers.

"There are some people who can be a committed conservative and agree with all the ideas, but still be an individual," said Linda Killian, a journalist who chatted with Ryan several times in the mid-1990s for her book "The Freshmen: What Happened to the Republican Revolution?" -- an account of the two years after Republicans took control of Congress for the first time in four decades in 1994.

Ryan is "certainly no partisan robot," Killian said.

But Congressman Chris Van Hollen, the top Democrat on the House Budget Committee, said that although Ryan is personable, "you should not confuse congeniality with an ability to compromise."

"Paul Ryan is a passionate advocate of trickle-down economics that have failed the test of reality," Van Hollen said. "There is no compromise in his budget plan. It's a take-it-or-leave-it proposition with a totally lopsided approach to the budget and the economy."

Conservatives who know Ryan well point to his vote for TARP as an example of his ability to compromise on economic issues.

The bank bailout is anathema to Tea Party activists, who have targeted those who supported it such as Indiana Senator Dick Lugar, who lost a primary election in May.

In 2008 Ryan said in the U.S. House that although TARP was against his principles he would support it "to save" the free-market system.

"Paul Ryan is not a dogmatic, blind conservative," Kasten said. "He's made a number of compromises and will continue to do so."

Is Romney's running mate Paul Ryan the modern day Ronald Reagan? E.J. Dionne, The Washington Post, and Art Laffer, former Reagan Economic Advisor, share their opinions.

More money and business news:

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Source: http://bottomline.nbcnews.com/_news/2012/08/21/13394730-ryans-economic-thinking-is-more-reagan-than-tea-party?lite

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