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SitNews - Stories In The News - Ketchikan, Alaska
Tuesday
June 11, 2013

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Ketchikan: Branco Leaving Ketchikan Medical Center- After over a decade of service as CEO of PeaceHealth Ketchikan Medical Center, Patrick Branco has announced he will be leaving to pursue a career opportunity in Duluth, Minnesota, with Essentia Health System as President and CEO of Community Hospitals.

Branco Leaving Ketchikan Medical Center

Patrick Branco

Branco will remain in his role in Ketchikan through August 13, 2013, while he works with PeaceHealth leaders and the Board to establish both interim and long-term succession leadership plans.

Branco wrote in his resignation letter, “The difficult part will be leaving Ketchikan Medical Center. My work here has been the very best professional and personal experience of my life. I will cherish the relationships of the caregivers, Board members in Ketchikan and my colleagues across PeaceHealth.”

Since his arrival in Ketchikan in May of 2002, PeaceHealth said Branco’s leadership has help assure the community’s access to care and boost the non-profit’s fiscal strength, allowing more resources to be available for patient care, technology and equipment. Through the establishment of the local PeaceHealth Medical Group, the community avoided the loss of a number of doctors who were finding it increasingly difficult keep their doors open as operating costs of maintaining private practices continued to rise. During Branco's tenure, PeaceHealth said the hospital also changed its designation from an acute care hospital to a critical access hospital, which increased hospital revenue while better suiting the demands of the region. - More...
Tuesday - June 11, 2013

Alaska: Bear Shot By Trooper Was Killer of Fairbank's Man - The adult male black bear killed last Thursday by Alaska Wildlife Troopers at the scene of a bear mauling at George Lake near Delta Junction has been determined to be the bear that killed Robert Weaver.

Alaska State Troopers received a report of a bear mauling last week with one individual on the ground outside the cabin in the George Lake area with his condition unknown. The second individual had sought shelter inside the cabin and called for help.

Helo-2 responded from Fairbanks, a Pave Hawk was dispatched from Eielson and an Alaska Wildlife Trooper responded by airboat. At approximately 9:00 PM Thursday, personnel from Eielson located the person inside the cabin and the body outside the cabin of Robert Weaver, 64 of Fairbanks. - More...
Tuesday - June 11, 2013

Ketchikan: Klein returns to Big Brothers Big Sisters - Big Brothers Big Sisters of Alaska recently announced Joann Flora, Ketchikan Community Director for just shy of six years, is departing for a new position with Goldbelt Inc. in Juneau. Flora began her new job on June 3rd as the Director of Tourism Marketing.

Big Brothers Big Sisters welcomes back Gretchen Klein into the role of Ketchikan Community Director. Klein started Ketchikan's Big Brothers Big Sisters program eleven years ago. As a Top 40 Under 40 recipient in 2011, and former Director of the Ketchikan General Hospital Foundation, Klein brings a wealth of knowledge and experience to the youth agency. - More...
Tuesday - June 11, 2013


Science: World Oceans Month Brings Mixed News for Oysters - In World Oceans Month, there's mixed news for the Pacific Northwest oyster industry.

For the past several years, it has struggled with significant losses due to ocean acidification. Oyster larvae have had mortality rates high enough to render production no longer economically feasible.

Now a new study documents why oysters appear so sensitive to increasing acidity, but also offers some hope for the future.

It isn't necessarily a case of acidic water dissolving the oysters' shells, scientists say. It's water high in carbon dioxide altering shell formation rates, energy usage and, ultimately, the growth and survival of young oysters.

"The failure of oyster seed production in Northwest Pacific coastal waters is one of the most graphic examples of ocean acidification effects on important commercial shellfish," said Dave Garrison, program director in the National Science Foundation's (NSF) Division of Ocean Sciences.

NSF funded the study through its Ocean Acidification Program, part of NSF's Science, Engineering and Education for Sustainability programs.

"This research is among the first to identify the links among organism physiology, ocean carbonate chemistry and oyster seed mortality," said Garrison.

Results of the study are online in the journal Geophysical Research Letters, published by the American Geophysical Union.

"From the time eggs are fertilized, Pacific oyster larvae precipitate roughly 90 percent of their body weight as a calcium carbonate shell within 48 hours," said George Waldbusser, an Oregon State University marine ecologist and lead author of the paper.

"Young oysters rely solely on the energy they derive from the egg because they have not yet developed feeding organs." - More...
Tuesday - June 11, 2013


Columns - Commentary

jpg Mary Lynne DahlMoney Matters: INVESTING BASICS:  STOCKS AND BONDS - Part #2: Stocks By MARY LYNNE DAHL, CFP® - Investing in stocks and bonds should be a long-term plan of accumulating financial assets that can help support you as you get older. Retirement is probably the biggest reason most people invest at all, so getting educated about how to invest in stocks and bonds is basic to accumulating those assets.

In the last article, I explained how bonds work. In this article, I will explain how stocks work.

In Part 1, I explained that bonds, like bank CDs, are “debt investments”; when you invest in a bond you are loaning your money to the company or government that sells you the bond. Bonds pay interest and bonds “mature” over some specific period of time, generally 6 months to 30 years. The value of a bond is usually fixed but the price can fluctuate up or down, depending on interest rates, over the period of time before the bond matures. At maturity, the bond is worth “par”, which is $100 or $1,000 per unit, and you get par value paid back to you at maturity.

Corporations have several ways to raise money, which they need to start up, grow, merge with,  acquire other companies and innovate. First, they can borrow from a bank, paying interest to the bank on the bank’s terms. Second, they can borrow from investors by selling them bonds, paying interest to the investors, on the corporation’s terms. Third, they can obtain financing from venture capitalists by promising the venture capitalists a significant share of the company in return for the capital, and finally, they can issue stock, which investors buy, paying the corporation for that stock, which also gives the investor an ownership in the corporation.

A stock is very different from a bond.  Stock is “equity” rather than “debt”. You own part of the company whose stock you have purchased. Because you own stock in a company, you get to vote on the management of the corporation and you are entitled to some of the profits of that company. Those profits are paid from earnings, and they are paid to you as a dividend. In addition, if the stock is sold at a higher price than what you paid for it, you will get a capital gain, so you have both ways to earn income from investing in stock.  A commonly-used catchy phrase is “stocks own” and “bonds owe”, as a way to remember that one represents equity investment and the other represents debt investment. - More...
Tuesday - June 11, 2013

      

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letter Tongass77 By Marvin Seibert - Recently there has been a push to get Congress to pass some form of the Bill called Tongass77. I question why we need another level of protection in Southeast Alaska. - More...
Tuesday PM - June 11, 2013

letter The TEMPEST By Judith Green - BRAVO! Great performance on Friday night - THANK YOU TO ALL who had a part in putting together this wonderful evening: production of a William Shakespeare play in such an unlikely staging area. It was a chilly, rainy evening in Ketchikan (hmm, now that's not so unusual, is it?) and the full house audience at the Totem Bight Clan House were unaware as the performers kept every minute filled with anticipation and excitement. Every performer did an outstanding job. - More...
Tuesday PM - June 11, 2013

letter RE: Schoenbar Jr. High Redheads By Tanya Antonsen - How sad that the picture of redheads was deleted from the yearbook! I come from a family of redheads: a grandma, uncle, cousin, both parents, both siblings, both daughters, a granddaughter and myself. I read an article last year that redheads are becoming more rare with each generation. - More...
Tuesday PM - June 11, 2013

letter Discrepancies in Ketchikan's Community Budget and No Accountability? By Ed Plute - It seems to me, as well as a growing number of community members, that our fiscal responsibilities have been hijacked by an unknown source. As the budget skyrockets continuously year after year, what does our historical community have to show for it? After careful consideration over the past decade, noticeable discrepancies have not only grown in number, but also in size. The audacious actions pursued by a collective of individuals in this town have left us taxpayers hanging out to dry! - More...
Tuesday PM - June 11, 2013

letter RE: Thieves Among Us By Brad Childress - I am deeply sorry for your loss of such a fine plant, I would really lock that up at night, it's not something that is admired at night and that's the most likely time for it to be stolen. - More...
Tuesday PM - June 11, 2013

letter RE: Taxes & Local Govt. By John Harrington - I hope that your readers are interested in continuing the conversation on taxes and local government, because I am writing again. - More...
Monday AM - June 10, 2013

letter Ketchikan Govt. & Taxes By Douglas J. Thompson - I am following the discourse on taxation with interest.  It seems that the only ones happy with the situation are those spending and those receiving the tax money.  To state the obvious to anyone looking there is not one department of either the Ketchikan borough or city that is run with any kind of acceptable efficiency and that includes the schools.  There is not even an objective standard of performance for them to meet.  Our hospital has been hijacked from us who have paid for every bit of it.  In the summer we are relegated to owners with no rights as cruise ship people are taken care of before we can even be seen!  The rates are three to four times that of comparable for profit hospitals (and they are legal thieves--see the March issue of Time Magazine).  Firehall, library, bloated departments, on and on it goes, all built and run with not a care of cost to the taxpayer.  So of course property values are far beyond reality and taxes among the highest in the state.  We have a city/borough manager who dictates policy and a council/assembly that has accepted a subservient roll contrary to the way it is supposed to be.  The only ones served are a very few special interests out of our pockets. - More...
Monday AM - June 10, 2013

letter Schoenbar Jr. High Redheads By Trené Elliott - This year at Schoenbar something noteworthy happened. Red hair occurs in 1-2% of the human population (Wikipedia). Schoenbar had at least three times the average number of redheaded 7th and 8th grade students. Students, staff and parents noticed this rare event and wanted to remember it. The students arranged for all the redheads to have a picture taken to be included in the Year Book. The same was done for twins since there were so many twins at Schoenbar this year. Well, one person called the office and complained. One very childish and extremely petty parent has something against redheads (Gingerism - prejudice against redheads). Maybe this person was bullied by a redhead in their youth. Maybe they have a phobia of red hair (Gingerphobia hatred of redheads). Whatever the silly reason, one phone call was all it took for Schoenbar to remove that picture from the Year Book. - More...
Monday AM - June 10, 2013

letter Open Letter: Muslims Obamacare exempt? By A.M. Johnson - Senator Mark Begich, as you view the following, reflect on the dumbass vote you gave on the very first days in office. Sucked up to Obama and look at the continuing disaster that is coming to light. Right, pass the damn legislation to find out what is in it. Well Senator now we know and are learning more. So is it too much to ask that you do your own due diligence you failed to do in the first instance or you staff to be charged to do so. - More...
Monday AM - June 10, 2013

letter Borough Bus System By Rudy McGillvray - I ride the Ketchikan borough buses, as such I feel I have a small expectation they are running at or close to their scheduled times. Even tho it's Tourist Season, and the numbers of them slow the buses down somewhat, I feel that it is the other vehicular traffic that really slows down the buses. - More...
Wednesday PM - June 05, 2013

letter Thanks Ketchikan By Fred Bassett - Thank you for posting my request to find places to band hummingbirds in Ketchikan. I banded at five homes and met many wonderful, helpful people. I banded 77 Rufous hummingbirds as part of my migration research and could have banded many more if I could have stayed longer. - More...
Wednesday PM - June 05, 2013

letter Taxes & Local Govt. By Dan McQueen - It's refreshing to wake-up with a cup of coffee and the SIT-NEWS' letters to the Editor. I really enjoyed Mr.Dial's letter of 3 June 2013. - More..
Wednesday PM - June 05, 2013

letter Thieves Among Us By Tina Singer - This past weekend, someone stole a beautiful orange blossomed hanging begonia from my front porch on Baranof Avenue. Not only did they steal from me, but, as this was a mother's day gift, they've also stolen from my son. - More...
Monday PM - June 03, 2013

letter RE: Taxes & Local Government By Rodney Dial - Thank you Mr. Harrington for the kind words about me.  I too appreciate most of your past efforts on the Assembly as one of the more moderate members…. however, regarding your statement about my letters: - More...
Monday PM - June 03, 2013

letter Property Tax By Hans Holum - Mr Harrington misses a major point in his own argument about property tax comparisons around the state. A lot of the listed places are both the city and borough tax load i.e. the entire tax for real property in the area. If you add the city tax portion to the borough rate, the people of Ketchikan are right up there with Fairbanks and are only topped by the North Slope Borough. - More...
Monday PM - June 03, 2013

letter More Than Just a Sealaska Shareholder By Frank Hopper - I was born in Juneau, although I have no memory of ever living there. My family moved to Seattle when I was only two. My Caucasian father never explained why, except to say there were too many "rednecks" in Juneau who didn't approve of his marriage to a Tlingit woman. - More...
Monday PM - June 03, 2013

letter Why we don't want to simplify the Income Tax code. By Jim Donnell - Congressman Tim Griffin [AZ-02] appeared on Fox News today to talk about the effort in the House Ways and Means committee to simplify the income tax code, eliminate loop holes, lower the rates, etc. He said that the Senate Finance committee is in similar agreement to which the Fox reporter replied, "I can't imagine any American would be against that..." - More...
Monday PM - June 03, 2013

letter ObamaCare cost By A.M. Johnson - Sorry, I am unable to contain the frustrations of watching our elected officials handling the uproar of mind boggling scandal(s) and inability to see the forest for the trees or worst yet, not able to see the tree for the forest! It is obvious not matter the party, the intent of ObamaCare while good intentioned, is a debacle mess and will only become worst as the depth and consequences gain more momentum towards the final implication date. Can it be stopped? Yes, Man (Lisa) makes laws Man (Lisa) can change or remove laws. Not that she can do it single handed, but it would surely help if she started shouting and making noise. There are Senators who ARE doing so. Her absents supports the suspicion that her RINO status is golden!. Anyway Editor, I have submitted my frustration to Senator Murkowski. A copy of this frustration is submitted to Sitnews. - More...
Monday PM - June 03, 2013

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