HERMANN MISSOURI OKTOBERFEST 2010

HERMANN MISSOURI OKTOBERFEST 2010
HERMANN MISSOURI OKTOBERFEST 2010 - CLICK ON PHOTO FOR THIS YEARS SCHEDULE OF EVENTS

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Hermann Missouri 175 Year Anniversary 1836-2011
Hermann Missouri 175 Year Anniversary 1836-2011

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Monday, October 25, 2010

Weird News Around the World

Crocodile on plane kills 19 passenger 
A STOWAWAY crocodile on a flight escaped from its carrier bag and sparked an onboard stampede that caused the flight to crash, killing 19 passengers and crew.


The croc had been hidden in a passenger's sports bag - allegedly with plans to sell it - but it tore loose and ran amok, sparking panic.A stampede of terrified passengers caused the small aircraft to lose balance and tip over in mid-air during an internal flight in the Democratic Republic of Congo.

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FDIC: Bank Failures in Missouri 2010


List of year to date:
Bank Failures in Brief
  
October
Premier Bank, Jefferson City, MO with approximately $1.18 billion in total assets and $1.03 billion in total deposits was closed. Providence Bank, Columbia, MO has agreed to assume all deposits excluding certain brokered deposits.
(PR-228-2010).

WestBridge Bank and Trust Company, Chesterfield, MO with approximately $91.5 million in total assets and $72.5 in total deposits was closed. Midland States Bank, Effingham, IL has agreed to assume all deposits excluding certain brokered deposits.
(PR-227-2010). 



May

Southwest Community Bank, Springfield, MO with approximately $96.6 million in assets and approximately $102.5 million in deposits was closed. Simmons First National Bank, Pine Bluff, AR has agreed to assume all deposits. (PR-115-2010)
April

Champion Bank, Creve Coeur, MO with approximately $187.3 million in assets and approximately $153.8 million in deposits was closed. BankLiberty, Liberty, PR has agreed to assume all deposits, excluding certain brokered deposits. (PR-099-2010)

 January

Bank of Leeton, Leeton, MO with approximately $20.1 million in assets and approximately $20.4 million in deposits was closed. Sunflower Bank, N.A., Salina, KS has agreed to assume all deposits. (PR-015-2010)

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Your Money???????

The U.S. Treasury has needed to borrow money to pay Social Security benefits in 15 out of the last 25 months on record because the Social Security system was in deficit in those months, with the cost of monthly benefit payments exceeding the Social Security tax revenues flowing into the Old Age, Survivors and Disability Insurance "trust funds," according to data published by the Social Security Administration.
Because the overall federal budget was in deficit during this entire period, the surplus revenues Social Security earned in the remaining 10 months of the last 25 was used during those months to pay ongoing general government expenses and was not saved to pay future Social Security benefits.


“Social Security expenditures are expected to exceed tax receipts this year for the first time since 1983,” said the trustees.
“The projected deficit of $41 billion this year (excluding interest income) is attributable to the recession and to an expected $25 billion downward adjustment to 2010 income that corrects for excess payroll tax revenue credited to the trust funds in earlier years," the trustees said. "This deficit is expected to shrink substantially for 2011 and to return to small surpluses for years 2012-2014 due to the improving economy. After 2014 deficits are expected to grow rapidly as the baby boom generation’s retirement causes the number of beneficiaries to grow substantially more rapidly than the number of covered workers.”
Mark Lassiter, a spokesman for the Social Security Administration, told CNSNews.com that the recent shortfall was “due, in part, to more beneficiaries coming onto the rolls than originally anticipated due to the economic downturn.”

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High School Volleyball: District action gets under way this evening....

The Hermann girls are favored to win the school's 26th district volleyball championship when play begins Today, Oct. 25, at Hermann High School.

The Lady Bearcats, ranked No. 1 in the state in Class 2, are the top seed in District 8. They drew a first-round bye in the seven-team field. Dixon is the No. 2 seed and will play Cuba, the seventh seed, at 7 p.m. on Monday, Oct. 25.

There are three matches on the first night of play. At 6 p.m. No. 4 Linn will meet fifth-seeded Bourbon, followed by Dixon and Cuba, and then Belle (No. 3) and Steelville (No. 6) at 8 p.m.

Hermann will meet the winner of the Linn-Bourbon match  at 6 p.m. on Tuesday, Oct. 26, at 6 p.m. in the district semifinal. The second semifinal match on Oct. 26 will start at 7 p.m., with the two winners playing at 8 p.m. for the championship and the right to move on to sectional play.

Class 1 District 11 at New Haven
Calvary Lutheran vs. Missouri School of the Deaf 5:00
Crossroads vs. Chamois 6:00
New Haven vs. the Calvary/M-S-D winner at 7:00
Class 2 District 8 at Hermann
Linn vs. Bourbon 6:00
Dixon vs. Cuba 7:00
Belle vs. Steelville 8:00
Top seed Hermann receives a first round bye.


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Mizzou Mania: #6 in BCS Standings


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buy this photo Missouri fans storm onto Faurot Field at the conclusion of the Tigers' 36-27 victory over Oklahoma. (Dilip Vishwanat/Getty Images)

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