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|Ag secretary offers Sherrod unique position Knoxville News Sentinel WASHINGTON Agriculture Secretary Tom Vilsack said Wednesday he has apologized to ousted employee Shirley Sherrod and offered her a unique new position at the agency. Sherrod, in an interview with The Associated Press, said she was considering it. The new job offer comes after an embarrassed White House apologized to Sherrod Wednesday for ousting her over her remarks about race to an NAACP banquet in Georgia earlier this year. White House spokesman Robert Gibbs said the administration did not know all the facts when it acted. When asked Wednesday if he had spoken with President Barack Obama, Vilsack said simply, "No." Vilsack insisted that it had been his decision to seek her resignation and said he takes full responsibility. "This is a good woman," Vilsack said. "She s been put through hell." Sherrod resigned this week as state director of rural development Moncler Women Down Jacket Big Neck Pink in Georgia. She said she quit under pressure from the White House. Roger Ailes and Rupert Murdoch, crank up their 24/7 rightwing propaganda machine, FOX Noise network. They dont relly want to accurately report anything that shines light on the rightwing hatred, they just love to create drama. Its time they admit they are not a news organization. These local posters still want to grab small quips and quotes from this ladys presentation, and yell racism, claiming, thats not the particular farmer, she talks about, and other wild conspiracy senarios. But the nasty signs, the cheers from the TEAr Party rally crowd when Sean Hannity proudly congratulated them for being Tinothy McVGeigh wannabe s. Yes, FOX s Sean Hannity and the TEAr Party actually consider a terrorist bomber. convicted and executed mass murderer, Timothy McVeigh, a hero. You can actually watch this video, live from an earlier TEAr Party rally, wheres FOX s and the rightwings outrage over this? If she had been white and the farmer had been black there would not have been any reconsideration. He would have been fired immediately after protest from the NAACP and Jeese Jackson, who admitted spiting into a white patrons drink when he was a waiter years ago. It is time black racism is given the same consideration as white racist. It is also time for the Left to get over not controlling all the media anymore. The mainstream media has been covering for you lefties for years. It is time the truth was told and Fox News is telling it. If she had been white and the farmer had been black there would not have been any reconsideration. He would have been fired immediately after protest from the NAACP and Jeese Jackson, who admitted spiting into a white patrons drink when he was a waiter years ago. It is time black racism is given the same consideration as white racist. It is also time for the Left to get over not controlling all the media anymore. The mainstream media has been covering for you Moncler MOKA Women Down Coats Black lefties for years. It is time the truth was told and Fox News is telling it. That is the point! She realized that she was about to consider "reverse" racism, but realized that it was not about color, but about the fact that people in need come in all colors!! Some are using the fact that the speech was to a "black" group, therefore racist! Should we therefore determine that Palin, encouraging a secessionist group be therefore be considered "un American"? Should we therefore determine that Palin, saying that God wants the Alaska natural gas pipeline, is therefore declaring that we are a theocracy? How about her adulation for her "witch chasing" preacher? Should that indicate that she believes in witches etc?(Yes there are available links to all of the above)Hopefully, this will be a lesson to both sides, to quit using sound bites to enhance their positions. Democrats (as a matter of habit) have over played the race card SO badly, for SO long that it HAS now effectively lost it s desired effect. They are having to scream louder, and use ever increasing inflammatory/ violence baiting rhetoric to get the same attention. There WAS a time, when the left could use this bully tactic political blackmail, to silence dissent and cram their agenda through without any legitimate review or criticism. Hate to break it to you, lefties. but THOSE DAYS ARE OVER. The NAACP expected to lob the "racism" bomb againt the Tea Party, and put it on the defensive. Sorry, won t work any more. They were shocked when the TP said "NO, YOU ALL are the racists". The NAACP Obama administration KNEW that was true. and were SCARED TO DEATH that the TP s counter message would stick (because it s TRUE). so they knee jerk reacted fired this lady with absolutely NO regard for fairness or a legitimate investigation. It s as blatantly obvious as the hand in front of your face. Liberals have over used abused the Moncler Marmelade Womens Coats Belt Fur Collar Black race card, for WAY too long. We righties no longer fear the word. it no longer has the same meaning. Liberals HAVE effectively changed the meaning of the word "racist". from "a person of one race who hates discriminates against people of other races" to "those who DARE speak out against Lord Obama". How often does the race card have to backfire on you libs, before you realize that you are now just hurting yourselves your own causes? Tell ya what. just keep your current race baiting mindset at least through the Amnesty debate 2012 elections. PLEASE. Here is a thought, who really cares? The only people who have a say in this is that white farmer, Ms. Sherrod, and the legal system. The NAACP, news media, and the politicians are the ones who have to keep this hatred going, one for the importance, one for the sales, and one for elections; you can match them up as you see fit. If she did this 24 years ago, I could understand why. It does not make it right or OK, but it is time to move on. If she is good at what she has been doing then she should keep her job. If someone has been unfairly treated by her then they have the right to file a lawsuit and let the courts decide. We will never get it to where everyone likes everyone else, but we do have to live together and work together as a society. It would be an easier thing to accomplish if we could rid ourselves of the NAACP, the news media, and the current politicians. Apologize profusely, give the woman her job back and then publicly back hand Vilsack for not fact checking before firing her.
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Molex s CEO Discusses Q1 2012 Results Matthew Sheerin Stifel, Nicolaus Co., Inc., Research DivisionGood day, ladies and gentlemen, and welcome to the Molex FY 12, First Quarter Press Release Conference Call. My name is Chanel and I ll be your operator for today. [ Instructions] As a reminder, this conference is being recorded for replay purposes. I would now like to turn the conference over to your host for today, to Mr. Steve Martens, Vice President of Investor Relations. Please proceed. Thank you, Chanel. Good morning, and welcome, everyone, to our September 2011 conference call. I m joined here today with Martin Slark, our CEO; Dave Johnson, our CFO; and Liam McCarthy, our COO. We would like to limit the call today to one hour. We have quite a few participants on the line, so when we get to Q we re going to ask for one question only and one very brief follow up per participant. Please visit the Investor Relations section of our website to download the presentation materials and to access a replay of this call at your convenience. Before we turn our attention to the quarterly results, let s review the Safe Harbor statements on Slides 1 and 2 of the presentation materials. During the course of this presentation we will be providing forward looking information and referring to non GAAP measures. Please read Monlcer Waistcoat - Women Vest Blue carefully the forward looking statements section of our press release and Form 10 K for an understanding of the risks and uncertainties associated with forward looking information and a reconciliation of non GAAP measures to GAAP. And now, I ll turn the call over to Martin Slark. Thank you, Steve. And hello to everybody on the call this morning. If you d now to turn to Page 3, let me give you a quick summary of our first quarter for fiscal year 12. The first quarter was another strong quarter for Molex. Moncler Down Vest Women Hat Button Red We set a new high watermark for revenue and EPS, and we tied our previous records for bookings. Setting those records in what is clearly a difficult operating environment took a tremendous effort from all of our employees around the world and frankly, we are proud of these results. We also took another step towards achieving our profitability goals. Both gross margin and operating margin expanded in the September quarter, despite pressures for materials and other input costs. Our fixed costs are now lower as a result of our restructuring program, and we have expanded the use of temporary labor. We now have about 25% of our labor around world on temporary contracts, which gives us improved flexibility in an uncertain demand environment. For example, we have been adjusting our headcount on a regular basis, and our headcount is now about 5% lower than it was in September 2010 despite the rise in revenue. Also contributing to margin expansion, we ll benefit from our pricing initiative as price erosion for us continue to improve. Our operations in Japan had a particularly good quarter, as business conditions continue to improve from the unfortunate earthquake and tsunami that occurred in March. Free cash flow exceeded net income even as revenue increased, and we again expanded our net cash position. While we remain committed to using a cash dividend to return excess cash to our shareholders, we re also looking at opportunities to expand the business through M We have a very good pipeline of candidates and we continue to build relationships that we believe are necessary to successfully complete the transaction. While the demand environment may be uncertain, Fashion Moncler Eric Men Down Jackets No Hat Black we still see some strong long term trends supporting our business, namely a proliferation of mobile devices, an increased need to enhance network capacity, a rapidly growing middle class in emerging markets, increased electronic content in automotive and industrial products and a need to replace aging hardware. These trends are not going away despite economic fluctuations, and it will only accelerate in the long run. And we believe we re well positioned to provide innovative products that will be required to support these long term trends. Our next slide, we have our quarterly progression of revenue and orders. That is Slide 4. If you look at this progression, revenue for the quarter was $936 million, and bookings were $910 million. Revenue was up 2% from the June quarter and 4% from September last year. While our orders increased slightly on a sequential basis and they were up 4.8% from the same quarter in fiscal year 2010. The book to bill ratio was 0.97:1, and we reduced backlog during the quarter. Orders in July and August were relatively strong, while the order rate decreased in the second half of September and has remained at this lower level thus far in October. If you now turn to Slide 6, which is on page 5, we have revenue and orders by end markets for the quarter. Automotive revenue was flat for the June quarter because of summer shutdowns, but increased 17% from the September 2010 quarter, reflecting higher vehicle builds as well as content growth. and Asia. In the infotech market, revenue was up 6% from the June quarter and 20% from last year. We see significant demand for our high speed data and small form factor products, which are used in server, storage and tablets markets. These were the strongest sectors within the infotainment sector for us. We also see strong demand for our fiber optic products, and we re very excited about a number of new design opportunities for our active optical cable products linked to our acquisition from Luxtera.
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