Grant Writing For Dummies® (For Dummies) 19 total views, 1 views today AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis About Howard Lake Howard Lake is a digital fundraising entrepreneur. Publisher of UK Fundraising, the world’s first web resource for professional fundraisers, since 1994. Trainer and consultant in digital fundraising. Founder of Fundraising Camp and co-founder of GoodJobs.org.uk. Researching massive growth in giving. AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to LinkedInLinkedInShare to EmailEmailShare to WhatsAppWhatsAppShare to MessengerMessengerShare to MoreAddThis Howard Lake | 20 January 2008 | News
RSF_en Reporters Without Borders today condemned the multi-pronged offensive against press freedom carried out by the Iranian justice system in the past week: suspension of two pro-reform newspapers, a threat of prosecution against the official news agency IRNA, and an arrest warrant against pro-reform journalist Massoud Behnoud. Reporters Without Borders is also concerned about the arrest of Nasser Zarafshan, lawyer for the relatives of a number of intellectuals and journalists killed in 1998.”One has the impression that these measures constitute a declaration of war by the justice system on the reform movement “, Reporters Without Borders secretary-general Ménard said. “We condemn these measures in their entirety, which have been adopted at a time of extreme tension in Iran”, Ménard said. He added that, “we call on the chief of the judiciary, Mahmoud Sharoudi, to rescind all these sanctions which once again show the justice system’s profound contempt for freedom of expression”.Reporters Without Borders recalls that the “Guide of the Islamic Republic”, Ayatollah Ali Khamenei, is on the Reporters Without Borders worldwide list of predators of press freedom. Ten journalists are currently imprisoned in Iran and more than 10 publications have been closed in less than three months by the justice system.The most recent measure in the latest offensive came on 8 August, when the reformist daily Ayineh-é-Jonoub was suspended a week after its first appearance by Teheran’s Court 1410, known as “the press court”. One of the reasons given for this measure was the recent conviction of its editor Mohammad Dadfar for “propaganda against the regime”.Judicial officials also ordered the suspension of a second reformist daily, Rouz-é-No, because of the similarity of its name with that of a newspaper closed last month, Nowrouz, despite the fact that Rouz-é-No had obtained al the necessary documentation for publication and was due to have begun appearing next week. Saïd Mortazavi, the press court’s judge, said this newspaper “cannot be published until the Nowrouz daily’s ban is lifted six months later”.On 7 August, the Teheran revolutionary court threatened to open proceedings against the official news agency IRNA as a result of its having “illegally” published a press release issued by an opposition party, the Movement for the Liberation of Iran (MLI). The court explained that the release should not have been reported by the news agency because of the provisional status of the sentences imposed on the party and its members. At the end of July, the court have banned the party and sentenced 33 of its members to prison sentences. In its 3 August statement, the MLI called this sentence “unexpected and astonishing”.The same day, Nasser Zarafshan, lawyer for relatives of intellectuals and journalists killed in 1998, was arrested as he was leaving his home. Last March, a military court found him guilty of “disseminating information from the case file” and sentenced him to five years imprisonment. The appeal court had confirmed the sentence in July. Zarafshan had been arrested in December 2000 after giving a speech in the city of Chiraz in which he said the intelligence services had murdered five Iranian intellectuals in late 1998 in Teheran: Majid Charif, an editorialist with the monthly Iran-é-Farda, writer-journalists Mohamad Mokhtari and Mohamad Jafar Pouyandeh, and a couple, Darioush et Parvaneh Forouhar, both freedom of expression activists. During his trial, Zarafshan said he could not have revealed classified secrets because the intelligence services had admitted their involvement in these murders.On 5 August 2002, a warrant was issued for the arrest of pro-reform journalist Massoud Behnoud, who writes for Adineh, Neshat and Asr-é-Azadegan. He had been arrested on 9 August 2000 and was released onbail on 16 December 2000, shortly before the start of his trial. He was accused of “threat to national security”, “cooperation with foreign media” and “insulting the Supreme Guide”, Ayatollah Ali Khamenei. On 10 September 2001, the appeal court upheld his 19-month prison sentence. News June 9, 2021 Find out more Receive email alerts August 9, 2002 – Updated on January 20, 2016 New conservative offensive : Two newspapers suspended, arrest warrant against a journalist, official news agency threatened with prosecution IranMiddle East – North Africa News News After Hengameh Shahidi’s pardon, RSF asks Supreme Leader to free all imprisoned journalists to go further Organisation News February 25, 2021 Find out more IranMiddle East – North Africa Call for Iranian New Year pardons for Iran’s 21 imprisoned journalists March 18, 2021 Find out more Help by sharing this information Follow the news on Iran Iran: Press freedom violations recounted in real time January 2020
Touch Football Australia (TFA) working closely with major partner Harvey Norman have gone back to school in 2016 with the establishment of the Harvey Norman School Series and Harvey Norman National Schools Cup.The Harvey Norman National Schools Cup will be held in conjunction with the Harvey Norman National Youth Championships (NYC) and the inaugural Alliance Cup.The alignment of individual state all schoolsâ€™ events under the Harvey Norman School Series banner is a crucial element of TFAâ€™s strategic focus and investment in junior participation growth for the current strategic cycle.This alignment would not be possible without the support of Major Partner, Harvey Norman who through their investment in significant prizes have provided the incentive for schools across the country to participate in Touch Football.The Harvey Norman National Schoolâ€™s Cup is an exciting new three-day round robin Touch Football tournament involving the top performing school teams from the Harvey Norman School Series events over the preceding 12-month period. Teams are invited by Touch Football Australia to participate in the Harvey Norman National Schoolâ€™s Cup.The Harvey Norman National Schools Cup event also provides a unique opportunity for players and coaches to participate in development activities with Australian Coaches and Representatives who will be in attendance.In addition to the prestige of being crowned national champions, the winners in each division will receive a $3,500 Harvey Norman voucher for their school.The Alliance Cup features, for the first time since the 2003 Australia Cup, the finest Touch Football players from TFA Alliance States (ex NSW and QLD) competing in Menâ€™s and Womenâ€™s Open divisions.The event provides the opportunity for TFA Alliance states to field their best opens teams, with Elite 8 representatives available to represent their home and/or eligible states.Each state will have the opportunity to play each other once culminating in a final series to determine the Alliance Cup Champion State.The event also serves as a major talent identification opportunity for players seeking selection in Alliance Elite 8 training squads for the upcoming 2017 National Touch League, a key pathway opportunity.National Youth Championships The Harvey Norman National Youth Championships (NYC) are a unique event, with school, community and state 18 and under teams competing in a national championship.The opportunity to merge a National Youth Tournament and a School Sport Australia National Championship into one integrated event provides significant scheduling and other benefits and savings/economies to both entities and participants alike.Alliance Cup The Alliance Cup features the finest Touch Football players from the Alliance states (ex NSW & QLD) going head to head competing in Menâ€™s and Womenâ€™s Open divisions. Each state will play each other once culminating in a final series to determine the Alliance Cup Champion State.The event is a major talent identification opportunity for players seeking selection in the Alliance Elite Eight training squads, a key pathway program of Touch Football Australia.National Schools Cup The Harvey Norman National Schools Cup (HNNSC) features the best U15 school teams from around Australia, competing to be crowned National School Champions.Teams have qualified for the HNNSC by finishing in the top four of their respective state Harvey Norman School Series events.The HNNSC is another key junior pathway and commercial opportunity for Touch Football Australia, that will be expanded in future years.Keep up-to-date with all of the latest from the 2016 Harvey Norman National Youth Championships, Alliance Cup and Harvey Norman School Series in the following ways:Website â€“ www.nyc.mytouchfooty.comFacebook â€“ www.facebook.com/touchfootballaustralia Twitter â€“ www.twitter.com/touchfootyausInstagram â€“ www.instagram.com/touchfootballaustraliaYouTube â€“ www.youtube.com/touchfootballausTo live stream all games played on field 1 visit- http://bit.ly/2cx7ZE9Related Links2016 NYC
Malik Zaire Ankle InjuryNotre Dame is currently in a dog fight with Virginia, but the outcome of today’s game may not currently be top of mind for Fighting Irish fans. Starting quarterback Malik Zaire appeared to severely injure his ankle late in the third quarter of the team’s contest against the Cavaliers. He was carried off of the field and taken to the locker room by cart.Warning – the below video is a bit graphic. Watch at your own discretion.As the cart comes over, ABC announcers say #NotreDame QB Malik Zaire will be taken off the field for an X-ray.— Carl Deffenbaugh (@CarlDeff) September 12, 2015Notre Dame leads Virginia 19-14. We’ll keep you updated on Zaire’s status.
zoomIllustration. Image Courtesy: Pixabay under CC0 Creative Commons license Dutch tank storage company Royal Vopak has reached an agreement with First State Investments on the sale of its petroleum terminals in Algeciras, Amsterdam and Hamburg.The transaction, worth EUR 723 million (USD 811.7 million), is subject to certain conditions and is expected to close in the second half year of 2019.As informed, the divestment follows the strategic review of these terminals announced in 2018. The combined operational capacity of the three terminals is 2,288,000 cbm.In line with its strategy, Vopak is shifting its portfolio further towards industrial, chemicals and LNG, LPG and chemical gases terminals with access to further growth opportunities.“Today’s announcement is a next step in the delivery of our strategy and the alignment of our portfolio based on long term market developments. In Europe, our main focus is to further strengthen our position in the major industrial clusters Rotterdam and Antwerp,” Eelco Hoekstra, CEO Vopak, commented.“Globally, we currently have more than 2 million cbm under construction and new projects will be announced to grow our portfolio with a focus on industrial, chemical, and gas terminals and to maintain our strategic position in hub locations.”“We are delighted to have reached an agreement with Vopak on the acquisition of the terminals in Algeciras, Amsterdam and Hamburg. This diversified portfolio of … oil product storage terminals provides an excellent fit with First State’s long term infrastructure investment philosophy,” according to Marcus Ayre, Partner First State Investments, the international arm of Colonial First State Global Asset Management.Apart from the three terminals, Vopak also conducted a strategic review of its terminal in Tallinn in 2018, subsequently deciding to dispose of the facility.On April 3, 2019, Vopak and its partner Global Ports Investments revealed that they have divested their 100% effective share ownership in the 50/50 joint venture Vopak E.O.S. to Liwathon.Vopak E.O.S. operates a total storage capacity of 1,026,000 cbm in the Port of Tallinn and includes the railway company E.R.S. Ltd., a wholly owned subsidiary of Vopak E.O.S.
The ReThink initiative and four-time Grammy Award nominated singer-songwriter Jewel have unveiled a new song, “Home to Me,” to raise awareness for the benefits of public housing and to encourage Americans to rethink their perceptions of public housing.“Home to Me” is available for free download at www.ReThinkHousing.org.Once homeless, Jewel knows firsthand that a home is more than a place to live. “I’m so honored to share ‘Home to Me’ and my hope is that the song causes people to stop and rethink the importance of home. Millions of families, veterans, disabled and elderly citizens rely on public housing and I hope that through this new song people consider the positive impact of public housing,” says ReThink Ambassador Jewel.Earlier this year, ReThink launched a contest asking Americans to share stories, photos and thoughts of why housing matters to them. Hundreds of people participated, and after a voting and judging process, ten finalist entries served as the inspiration to Jewel. A grand prize was awarded to Silvia Kearney of Akron, Ohio, and today, she meets Jewel at music venue The Mint in Los Angeles to hear a performance of the song her entry inspired.“Americans believe that U.S. citizens deserve a safe and decent place to live, but there is little support for public housing. Public housing provides hope for a better future and it gives people a chance to get back on their feet,” says J. Len Williams, Chief Executive Officer at the Housing Authority of Columbus, Ga. “Jewel gives an incredible voice to this issue, and we’re thankful her new song ‘Home to Me’ speaks to the impact a home can have on the lives of individuals, families and communities.”Public housing provides homes and services for approximately 2.2 million people in the U.S.; however, the need is much greater than that. At least half a million people including families, veterans, the elderly and disabled across the U.S. are waiting for public housing to become available.ReThink: Why Housing Matters is an initiative that aims to encourage Americans to realize the benefits that public housing communities offer the greater community. Visit www.ReThinkHousing.org to hear Jewel’s perspective, and experience inspirational stories of public housing – and rethink its impact on individuals, families, and your own community.
APTN National NewsOTTAWA–The federal Aboriginal Affairs and Northern Development department will cut millions of dollars in spending, according to the federal budget unveiled Thursday that also committed $275 million toward improving First Nation education and $330.8 million for replacing and fixing water infrastructure on reserves.The money for education and water, however, falls far short of the numbers recommended by two federal reports on the issues released this year. The investments will cover the gap left by funding delivered through Ottawa’s economic stimulus package which has since expired.The federal budget, which included more First Nations specific initiatives than previous Conservative spending plans, also highlighted commitments from the federal government to pursue legislation on education and introduce private property ownership on reserves.“Some First Nations have expressed an interest in exploring the possibility of legislation that would allow private property ownership within current reserve boundaries,” said the budget document. “Economic Action Plan 2012 announces the government’s intent to explore with interested First Nations the option of moving forward with legislation that would allow for this.”Aboriginal Affairs will see cuts of $26 million this fiscal year, $60 million the next and $165 million the year after for a total 2.7 per cent reduction of the $6.22 billion that was put on the table for review, according to the budget.The cuts will mean the end to the First Nations Statistical Institute, a Crown corporation, which will have all its $5 million in funding cut by 2014-2015. The department had prepared scenarios to deal with five and 10 per cent cuts to its spending as part of a government-wide belt tightening exercise.This year’s $276 billion federal budget aims to begin a process that will see spending cut by a little over $5 billion and in the process erase the current $25 billion deficit by 2015-2016. Cuts to department spending across government will grow from $1.5 billion this fiscal year, to $3 billion the next and $5.1 billion the year afterAboriginal Affairs faced one of the smallest cuts based on percentage, second only to Veterans Affairs, which saw a 1.1 per cent reduction.It remains unclear exactly what programming will be erased or substantially impacted as a result of the millions of dollars in total cuts to the department. The budget document says that the department will find its savings through “restructuring, operational efficiencies and changes to business process.”Assembly of First Nations National Chief Shawn Atleo said he wanted the department to focus their cuts internally, instead of on programming.“If they are going to make cuts, they have to…have internal cuts,” said Atleo. “That they not be cuts to services that they deliver to First Nations, that are important basic needs that our poeple need that are already underfunded.”The department also says it would simplify the application process for funding, agreements and reporting requirements along with reducing the specific claims backlog and continue devolution with the Northwest Territories.Expectations were high among First Nations leaders for major funding commitments to emerge from the federal budget following the high-profile Crown-First Nations gathering in January and the release of an Ottawa-Assembly of First Nations sponsored report on reserve K-12 education.The education report called on Ottawa to invest immediately to close the gap between education on reserve and in provincial schools. The report found that at least 100 schools were in desperate need of renovation or replacement and failed to provide students with a safe learning environment.The AFN estimate it would cost at least $500 million to begin closing that gap.While the budget committed the Conservative government to passing education legislation to set and govern standards for reserve schools by September 2014, it fell far short of expected investments.The current budget has set aside $175 million over three years to build and improve schools.But the actual money available for reserves schools has decreased. In 2009, under its stimulus package, the government committed $200 million over two years to spend on schools, but only spent $173 million. The rest was diverted for water projects, a federal official said.The Conservatives, however, introduced new money into the education equation promising to invest $100 million over three years into early literacy programming and support services for reserve schools. The budget also said that money would also be used to “strengthen their relationship with provincial school systems.”Roberta Jaimeson, president of Indspire, said the investment was a “good first step,” but not enough.“There is a lot of work to be done,” said Jaimeson, whose organization works to improve First Nations education and training opportunities.On the water front, the government is committing to investing $165 million a year over the next two years to build and renovate existing water and wastewater infrastructure on reserves. This is an increase over the $138 million per year commitment made in 2010.The investment, however, falls short according to the needs outlined by a department commissioned report which found that the department needed to invest at least $1 billion to upgrade all water and wastewater systems on reserves to meet the department’s own standards.The budget also contains a $33.5 million commitment to help First Nations fishing businesses on the Atlantic and Pacific coasts integrate into existing commercial fisheries. There is also a $27 million, two year commitment to continue the Urban Aboriginal Strategy job training projects and skills development initiatives.The government is also putting an additional $11.9 million top up into an on-reserve family violence prevention program that will bring its total budget up to $30.4 million this year.
OTTAWA – Canada’s merchandise trade deficit with the world shrank to $114 million in July, the smallest since a surplus in December 2016, as its trade surplus with the United States grew to the biggest in a decade, Statistics Canada reported Wednesday.The federal agency reported that merchandise exports to the United States rose 3.3 per cent in July to $38.4 billion, while imports of American goods edged down 0.1 per cent to $33.1 billion in July.As a result, Canada’s merchandise trade surplus with the United States widened to $5.3 billion in July, from $4.1 billion in June — the biggest monthly trade surplus with its largest trading partner since October 2008.Canada’s surplus with the United States was offset by a $5.5 billion trade deficit with other countries, up from $4.8 billion in June.The total value of Canada’s exports to all countries rose 0.8 per cent to a record $51.3 billion, mainly because of higher crude oil prices, while the value of imports from all countries declined 0.4 per cent to $51.4 billion due to fewer aircraft imports, Statistics Canada said.The overall trade deficit in July was down from $743 million in June, a figure that was revised from $626 million in the previous report.Several analysts said they had expected July’s trade deficit would rise to about $1 billion and noted trade volumes reported by Statistics Canada on Wednesday were down overall — with exports falling 0.8 per cent and imports dropping 1.1 per cent.They attributed a majority of the positive gains to higher energy prices.“Overall, the rise in export prices masks what was actually a disappointing month for outbound shipments. Moreover, oil prices have since levelled off and other commodity prices have also softened,” CIBC economist Royce Mendes wrote in a commentary.“In spite of the narrower deficit, there’s little reason then, to change our call for growth to slow in the third quarter.”A short time after the Statistics Canada report, the central bank announced its key interest rate will remain unchanged at 1.5 per cent, where it has been since July 11. Many economists have said the rate will likely be increased in October.The trade report came as Canadian and American negotiators resumed talks in Washington, D.C., following a four-day break from last week’s intense efforts to reach agreement on revising the North American Free Trade Agreement.President Donald Trump has claimed that the United States needs to eliminate large trade deficits with Canada but a report from the U.S. Trade Representative says a 2017 deficit in goods (US$17.1 billion) was outweighed by a US$25 billion surplus in services sold to Canada.Statistics Canada noted that July was the first month that Canada charged retaliatory tariffs on imported American steel and aluminum and the second month of U.S. tariffs on Canadian steel and aluminum.The agency said that, on a seasonally adjusted basis, there was a 16.4 per cent increase in Canadian exports of steel subject to the U.S. duty imposed by President Donald Trump, following a 36.3 per cent decline in June.Exports of Canadian aluminum subject to Trump’s tariffs were down 2.0 per cent in July, on top of a 4.7 per cent decline in June.Canada’s imports of U.S. steel products subject to a 25 per cent tariff fell 39.6 per cent in July, on a seasonally adjusted basis, following a 32.7 per cent increase in June.Canada’s imports of U.S. aluminum that are subject to a 10 per cent retaliatory tariff were down 5.2 per cent and imports of other U.S. products subject to the 10 per cent tariff fell 22 per cent in July.RBC economist Nathan Janzen noted that monthly data is volatile so a few months doesn’t make a trend “and risks around Canada’s trade relationship with the U.S. remain.”“It could also be, though, that Canadian exports are finally starting to get at least a modest lift from stronger global trade flows and an improved U.S. industrial sector.”— by David Paddon in Toronto
TEHRAN, Iran – Across Iran’s capital, rush-hour traffic always grinds to a halt, a sea of boxy Renault four-doors and Peugeot coupes all idling their way through the streets of Tehran.Soon, however, Iran’s faltering nuclear deal with world powers may be what causes the country’s domestic automotive market to stall out.As Iran’s currency suffers precipitous falls against the U.S. dollar — the rial lost two-thirds of its value against the dollar since President Donald Trump withdrew America from the accord — cars are growing more and more expensive even as tens of thousands clamour to order domestic models online. Meanwhile, Western manufacturers are pulling out of the country and foreign-produced parts are becoming harder to find as Chinese cars fill the void.“It is clear and obvious that the U.S. is purposefully putting pressure on the people of Iran to instigate discontent” over the auto market, said Mohammad Reza Najfimaneh, the head of the Iranian Specialized Manufacturers of Auto Parts Association.Iran, one of the Mideast’s biggest countries and home to 80 million people, has a huge demand for automobiles. In 2017 alone, Iran produced more than 1.5 million cars, up some 14 per cent from the year before, according to a report by Iran’s Ministry of Industries, Mines and Trade earlier this year.Some 90 per cent of market share is controlled by two local companies: Iran Khodro, which assembles Peugeot-branded vehicles from kits, and SAIPA, which has made Citroens and Kias. Both manufacturers also build Renaults.Iran’s auto industry suffered under U.S. and Western sanctions, which targeted Iran over fears about its nuclear program. The West worries Iran could use its technology to build atomic bombs. Iran long has said its program is for peaceful purposes.The 2015 nuclear deal, which saw Iran limit its enrichment of uranium in exchange for the lifting of some sanctions, provided a needed boost to the industry.French car-maker PSA Peugeot Citroen reached a deal in 2016 to open a plant producing 200,000 vehicles annually in Iran. Fellow French automobile manufacturer Groupe Renault signed a $778-million deal to build 150,000 cars a year at a factory outside of Tehran. Meanwhile, Volkswagen announced plans to import vehicles into Iran.Now, however, those firms have pulled back on those plans.Concern over Iran’s domestic auto industry has been high. That was shown in a visit to Iran-Khodro last week by Ali Shamkhani, the secretary of Iran’s Supreme National Security Council.“The enemy in the economic war is after damaging public contentment and the auto industry is one of the front lines in the war,” Shamkhani said during his visit.More than 100,000 people are employed by Iran-Khodro and SAIPA, while another 700,000 Iranians work in industries related to car manufacturing.There are fears by some business analysts in Iran that any downturn in the auto industry would further worsen unemployment in the country.Iran’s official unemployment rate is 12.3 per cent, meaning some 3 million people are out of work, but experts believe it is much higher, especially among university graduates. Those unemployed often try to scrape enough money together to work as taxi drivers in the city, meaning they could be doubly hit.Meanwhile, the drop in the Iranian rial has made buying a car difficult. The rial traded at 62,000 to the dollar before Trump’s pullout from the nuclear deal in May. It has gone as high as 150,000 to $1 since.“I saved some money to buy an Iranian car, but prices jumped and factories do not provide cars on time,” said Mahin Tabrizi, a 45-year-old teacher. “I don’t know what I can do.”Those prices also have hurt auto parts sales.“Prices of car parts are crazy, all because of the sanctions,” said Mahmoud Rahimi, a taxi driver. “I bought brake pads for my car for double the price in less than a year.”Even those who pay for an Iranian car can face delays in having them delivered. Iranian car production reportedly dropped 29 per cent in June compared to the same month last year. Analysts blamed that on lack of parts due to currency fluctuation.Meanwhile, importing a foreign car grows more expensive as the rial drops in value. Iran places import taxes of more than 100 per cent on foreign cars. A ban on importing foreign cars also has been in force since April, halting new orders.“Nearly two years ago, I paid for an imported car, yet they have not delivered it due to upheavals in the rial rate and sanctions,” said Reza Piltan, a retired engineer waiting for an SUV by South Korean manufacturer SSangYong.In the absence of Western car makers, however, China is already starting to show up in the country. A new dealership for Chinese automaker Chery recently opened in Tehran. Iranian lawmaker Vali Maleki, a member of the parliamentary committee on industry, last month suggested that Chinese companies can take over the share of other foreign companies that have left the Iranian market.“The Chinese cars are selling very well in Iran,” car dealer Ali Razavi said. “Their dealerships offer a wide range of methods of leasing and financing that enable many customers to buy a new car for just about $2,000 to $4,000.” Those cars are partly assembled in Iran.Demand is still strong for Iranian-made cars as well, however.Last week, in less than an hour, 50,000 customers rushed the website of SAIPA to pay nearly $2,000 each to buy cars that the company plans to make in the future. The move is largely an effort by buyers to save on their purchases as the rial continues to fall. Another factory, Iran-Khodro, has a similar plan for selling future cars next week.Still, anger over quality lurks.“In other countries people pay small advance fees to buy a standard car based on installments,” said Fatemeh Azari, whose son last week managed to buy a car on SAIPA’s website. “Here, we pay all the money in advance to receive a clunker months later.”