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Family of Deceased New Jersey Worker Receives $1.43 Million
According to the Asbury Park Press, the family of a New Jersey worker who was the victim of a hit and run accident has received a settlement for $1.43 million for his death.
Details on the New Jersey Hit and Run Accident
- Burrell Oughton was standing by a water truck in a work zone when he was struck by a driver who then fled the scene.
- Mr. Oughton died a few weeks later from his injuries.
- The driver pleaded guilty to leaving the scene and is currently serving a 7 year prison sentence.
Employer Pays $1.43 Million for Worker's Death
- The family of Mr. Oughton filed a lawsuit against the driver as well as Mr. Oughton's employer, Midatlantic Construction Inc.
- The lawsuit claimed that Midatlantic Construction Inc. failed to properly set up a lane closure as required and described by both company policy and state regulation.
- The family also alleged that Midatlantic Construction Inc. failed to place a truck before the worksite designed to protect workers from traffic.
- The company settled with the Oughton family agreeing to pay the sum of $1.43 million in connection to his Mr. Oughton's death.
Contact an Experienced Workplace Accident Attorney
Thomas J. Henry fight to protect the rights of workplace injury victims. If you or someone you love has been injured or killed on the job, contact Thomas J. Henry. The goal of our offices is to not only protect your rights, but to send a message so the same tragedy does not happen again. We represent clients/victims all over the country.
$1 MillionExpenses: $48,264.22 | Attorneys Fees: $456,875.00 | Net to Client: $569,860.78
$6 MillionExpenses: $50,000.00 | Attorneys Fees: $2,500,000.00 | Net to Client: $3.4 Million


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Tools, Tips & Treasures!
We love it when we find a great source of interesting and helpful links, and we want to be one of 'those places.' We also think it's helpful when you can see a brief description of WHY you should make the effort to 'click-through.' We're hoping you agree!
Home Sweet Home
Care2 has a great "Green Living" page that speaks to Health and Green Living, from food to pets to spirituality, and more. The website is driven by passionate people who want to restore the world's balance. Care2 is committed to using the power of business to make a positive social and earth-friendly impact on the world.
EcoMall is a resource for all manners of earth-conscious choices, and this link specifically provides information on eco-friendly cleaning products. Their aim is to be "A Place to Help Save the Earth," and from reading the accolades they've received, I believe they may be doing just that.
The EPA (Environmental Protection Agency) lists the basic consumer tips that you may have seen and heard before, but in a clean layout. It provides some good tips both by month and by subject. It's a good place for quick reminders.
Health & Wholeness
It's so nice to see the physicians at WebMD.com touting the benefits of yoga, which according to the good docs include: Flexibility, Strength, Breathing, Stress Reduction, Improved Concentration and Mood, Heart Health, and improvements to other Medical Conditions (including asthma, back pain and arthritis) and Improved Relationships. That's one RX I'm happy to take.
This website out of Australia has a really nice set of meditations MP3 downloads for kids ages 5-13. Topics cover Love, Peace, Who Is god (in a very allowing way,) Loving Yourself, and Choices.
The award-winning KidsHealth.org is provided by Nemours, one of the largest nonprofit organizations devoted to children's health. It is a good resource for many issues around health and development. It's close to Playful Planet's heart with topics like exercise, nutrition, recipes, and more.
Conscious Consumer
If you are local to San Luis Obispo, you can visit Araina at the Thursday night Farmer's Market in SLO with a great sampling of the products she has lovingly researched and chosen. If you can't make it in person, simply click the link above to visit her website and see the results of the multitude of hours spent finding products that are sustainably made by conscious companies. This is truly a labor of love.
With eye-opening facts and practical solutions, this website cuts through the noise to wake people up on urgent consumption issues – it's all part of their mission to educate and inform.
The goal of GenGreen is to be the most comprehensive and diverse resource available for people looking to live a locally focused, environmentally conscious lifestyle. This website was the result of one woman's mission to make it easier for people to live sustainable lives. Thanks Charlisse for your vision and passion.
This website is a good source for safe, healthy, natural, and nutritious grass-fed beef, lamb, goat, bison, poultry, pork, dairy, and other wild edibles – important to know about, especially if you've read Ominivore's Dilemna.
SustainLane.com is an online community where you can connect with local people interested in living healthy lives on a green planet.
Community members post and discuss local green news, events, tips, information, coupons and jobs. It's a massive site with millions of members, but we like the family section in particul
Read Up
The Great Kapok Tree: A Tale of the Amazon Rain Forest (ages 4 to 8 ) By Lynne Cherry
This classic children's book is stunning in both its visual aspect and in its story that ultimately teaches about the terrible consequences of living in a world without trees and the beauty about the interconnectedness of all living things. Lynne has been spending much of her time recently creating documentaries about activist kids who are stepping up to the environmental plate. See what Lynne's is up to here!
This Is My Planet: The Kids' Guide to Global Warming (ages 9 to 12) By Jan Thornhill
Although she doesn't shy away from the truth, Thornhill offers hope, showing where action can make a difference and providing evidence of the Earth's amazing resilience and adaptability. A multitude of full-color photographs enhance Thornhill's engaging, informative text. We like HOPE. Thanks Jan. Learn more about Jan here!
I Love Dirt (ages 3 to 8 ) and Let's Go Outside (ages 8 to 12) By Jennifer Ward
Award-winning author Jennifer Ward has multiple titles for children, but these two books are geared toward parents and feature activities to do outside. Jennifer is into some serious fun. Check her stuff out here!
No Eat Not Food (ages 8 to 12) By Rick Sanger; Illustrated by Carol Russell
It's so simple — "The plot teaches that real food is healthy for the individual and for the planet." No wonder this book is an award winner!
Fun & Games
This is The Environmental Protection Agency's website on climate change designed specifically for children. It's got a great vibe – some fun games and a multitude of links to other kid-friendly eco-conscious sites.
This is a site for kids to help them explore the environment and learn how to protect it. Featuring games, pictures, and stories, the site is provided by the Environmental Protection Agency.
National Wildlife Federation for Kids
The producer of award-winning magazines (Animal Baby, Ranger Rick, and Your Big Backyard), the National Wildlife Federation's website for kids has great games, crafts, experiments, recipes, and more fun stuff for kids. It's a fun site to peruse.
T his cute game and quiz may be more suited for older kids, but it's pretty fun and informative (even for me!). It will test your knowledge on how consumer choices affect the environment. Brought to us by the Union of Concerned Scientists.
Simple Actions
A really easy way to take action is to "squeak up" by signing a petition. Care2 has hundreds of online petitions about the environment, wildlife, endangered species, environmental health, global warming, climate change, national parks and forests, the Arctic, oceans, oil drilling, air pollution, water pollution, the rainforest, and more – yes, more! The site has gathered more than 42 million signatures. Way to go, guys!
Support local businesses by picking 3 local, independently owned stores and spending $50 in each of them. Simple to do. BIG impacts.
A deck of 22 cards that will allow you and your children to focus on powerful life skills that often get missed in the rush of daily life. Each card offers a valuable lesson, questions to inspire thoughtful discussion, as well as, fun activities. Use these cards anywhere, anytime. (Ages 5+)
Check out this great blog from our new friend, Heidi Borchers. She gives great tips for re-using your "trash" to make great looking crafts!

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We are committed to responsible gaming. We seek to not only comply with all legislation and guidelines provided by online gaming and content bodies, but to exceed them.
We see online gaming as a legitimate form of entertainment that is enjoyed by millions of our customers worldwide.
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The casino may, at their sole discretion, limit the eligibility of customers to participate in any promotion, at any time. GoWild Casino' decision will be considered final in the event of a dispute.


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I have been thinking about posting this question for awhile and have gone back and forth.
Across the street from where my parents live, there was a murder of a young woman. It happened during the middle of the day (2PM) on April 8th. She was a realtor at a open house and someone came in a shot her. Her name was Ashley.
The murder is still unsolved. She went to the same church as my family and the police have interviewed various groups in the church and in the neighborhood. Nobody really saw or heard( silencer?) anything. Do you see anything around who did this and will they be brought to justice?
Just so sad for her family and that this person may get away with it.
I'm trying... Here's the thing; mysteries are a hard thing. I've done work with the police and a detective before. I've even worked on a serial murder case before. I've Been fairly successful in getting information, but it doesn't always help. For example, I worked on a missing man case a couple of years ago. I was able to pretty much say where he was and they even flew helicopters over the area, but it was spring and the trees were blooming and his car was too neutral of a color to be seen. They didn't even of finding him until a month later and someone happened upon his car. These cases are not easy; if they were there wouldn't be missing people and unsolved mysteries.
So anyhow, I've had hesitation on answering this question, which is why it's taking me so long to respond. I probably shouldn't have even put the question through.
But here's my take. It's someone she knew and so they knew she was going to be there. And this person (male) will eventually be found out (not too long from now, I'd say no longer then a few months) and will be brought to justice.
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is on April 21 and 22nd. Raise your consciousness!
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Bernanke's Bank: An Assessment
This past December, the U.S. Federal Reserve recorded its 100th anniversary. The law creating the Fed was passed on December 23, 1913 and the Fed became operative a year later. As the Fed was concluding its first century, its current chair, Ben Bernanke, also announced he would not continue in the role, which he has occupied since 2006. On February 1, 2014, Bernanke will step down from his role as Fed chair, replaced by his vice-chair, Janet Yellen, who was confirmed by the Senate in January and who has promised to continue his policies of quantitative easing (QE), near zero interest rates, and virtual free money for banks and investors for the foreseeable future.
QE is the policy the Fed created in 2009 in which the Fed prints money and then uses it to purchase bad assets from banks, shadow bank financial institutions, and wealthy individual investors. Zero interest policy refers to Fed practices by which it ensures that money is available to financial institutions at interest rates ranging from 0.1 percent to 0.75 percent—i.e. near zero—by means of Fed indirect monetary policy measures. The Fed further subsidizes the banks by allowing them to redeposit the money borrowed from the Fed, and pays the banks an interest rate higher than when it borrowed the money.
So how has the Fed performed over the past century? To what purpose? And on behalf of whose interests? More specifically, how has the Fed performed since 2006 under the leadership of Bernanke? To answer these questions it's necessary to look back at the origins of the Fed prior to 1913—and its evolution thereafter.
Those origins reveal that the primary purpose and function of the Federal Reserve as envisioned by its creators has always been first and foremost bailing out the banks when periodic financial crises occur, as they have consistently and repeatedly for the century preceding, as well as following the Fed's creation. Contrary to the focus of academic economists and the press, the Fed's other functions of regulating the money supply or supervising the private banking system have always been of secondary import at best. The past century of the Fed shows that whenever the secondary functions occasionally collide with the Fed's primary function of bailing out the banks, bailout (called "lender of last resort" in academic circles) has always prevailed over—and often at the direct expense of—the secondary functions of money supply regulation and/or banks' supervision.
Purpose of the Fed: Bailouts
The Fed was the direct outcome of another major financial crash that occurred in 1907-08. At that time the dominant shadow banking institutions of the day—the financial Trusts—over-speculated in commodities, especially in metals and copper futures in particular.
The first decade of the 20th century was the age of new, rapidly expanding industries based on electrification and, of course, copper is the key material for electrical conductivity. Control copper supplies and one can control the markets—and stock prices—of numerous industries. In the first decade of the 20th century, therefore, a wing of financial speculators, centered on the Knickerbocker Trust Company and related Trusts in New York City, attempted to corner the copper market. They bought up much of copper supplies and future contracts, driving the price of copper and securities based on copper to astronomical heights. But the copper bubble then burst, bringing down the Knickerbocker and other trusts of the day. The Trusts were what we would today call shadow banks. They were the main and dominant shadow banks of the period. Their investors were very wealthy individuals, not average folks who today are typically referred to as retail depositors.
The Trusts only took deposits from the very rich who like to speculate with their money—i.e., to take big risks in expectation of big asset price appreciation that would result in big returns. That was what the Trusts were created for. The problem was the Trusts were integrated with the regular banks that had everyday retail depositors as well. The latter loaned significant sums to the former, which then invested on behalf of their super-rich Trust members.
When the copper market collapsed, so did the Trusts that had over-speculated to corner the copper market. So, in turn, did the banks that had loaned great sums to the Trusts in their high risk game.
The crisis then spread further. When it appeared to depositors that their banks may be exposed, they began pulling their money from the banks as well. An old fashioned bank run occurred, as it had on at least a half dozen similar occasions, for similar reasons, throughout the 19th century.
The panic in New York then spread to the stock market, where all varieties of investors, large and small, were buying stocks on margin—with borrowed money. When the contagion spilled over into collapsing stock prices, margin calls were made by stock broker-dealers demanding stock investors pay up to cover the losses. When they couldn't, investors defaulted, the magnitude of which was great enough to begin defaults by the stock broker-dealers themselves. The crisis then spread from market to market.
In an attempt to halt the commodity, stock and other asset price deflation that was accelerating rapidly in the fall of 1907, J.P. Morgan (the person not the company) attempted to pool assets among the major New York banks to halt the growing run on the banks—commercial and shadow. They failed and the losses were far greater than the money they could raise from among his rich friends. The runs on the banks continued.
Morgan then called on the U.S. Treasury for bailout assistance, since no central bank (i.e. Fed) existed yet. The U.S. Treasury loaned the Morgan consortium all but $5 million of the Treasury's assets on hand. That stopped the runs on the banks and stabilized the financial crisis. However, it did little to bail out the rest of the real, non-financial economy, including consumers and workers.
Once bailed out, the banks then pulled in their credit lending horns, hoarded what liquidity they had been provided, and pretty much refused to lend to non-bank businesses that depended on bank loans to carry out their operations. The real economy contracted in a major recession in 1907-08. A short and shallow economic recovery followed in 1909. However a double dip recession followed that in 1910-12, followed by yet another brief and weak recovery in 1912, and still another recession after that—i.e. a triple dip over the course of the six years that followed the original financial crash of 1907-08.
During the period immediately after the 1907-08 crash, as World War I appeared on the horizon, bankers, capitalists, and politicians grew increasingly concerned that yet another financial crash might occur once the war started. In 1912, they quickly began writing federal legislation to create a central bank—the Federal Reserve—so that the Treasury and Congress would no longer have to bail out the banks directly again. Now the Fed would do it.
The Crash of 2007-08: Déjà vu 1907-08
The events just described are similar to the banking crisis of 2007-09. Just substitute Trusts in 1907 for Investment banks like Bear-Stearns and Lehman Brothers or Insurance giants like AIG, and copper futures for subprime mortgages, derivatives and asset backed securities. The big difference, however, was that there was no Fed in 1907-08, rather the U.S. Treasury served to bailout the banks. The problem in the latter case is that a Treasury-led bailout politicizes the process and requires an increase in the deficit and U.S. government debt. In the case of a Fed-managed bailout, the process is carried out "off the books" and the debt incurred is recorded on a separate set of books, the Fed's. The process is, therefore, shielded in both a political and accounting sense when a central bank (Fed) bails out the private banking system.
Despite the bailout of the banks, the real economy in the aftermath of the 1907-08 financial crash only recovered briefly and poorly. This was because there was no corresponding fiscal stimulus to accompany the bank bailouts. In 1907-14 this combination of bank bailout with no fiscal stimulus resulted in three bouts of economic relapse and recession, until the massive fiscal stimulus by the government during the 1915-18 war years.
In 2007-13, the bank bailout was accompanied by a limited fiscal stimulus that lasted only 18 months. That resulted in a stop-go economic recovery averaging less than 2 percent GDP growth per year, while the banks and wealthy
investors recovered rapidly by 2010. Not only did the fiscal stimulus of 2009-10 dissipate by 2010, the process began in 2011 by which the insufficient fiscal stimulus was withdrawn in a series of federal government deficit-cutting deals.
The token stimulus of 2009-10 prevented a double dip recession thereafter, some economists argue. But contrary to this argument, if U.S. GDP estimates since 2009 were adjusted by the consumer price index, and not by the price index called the GDP deflator, then there would have been at least a double dip recession in first half of 2011 in the U.S. and even possibly a third dip at the end of 2012. In the first quarter of 2011, U.S. GDP declined by more than 2.0 percent. That was followed by a 0.4 percent growth in the following quarter—for a cumulative decline in GDP in the first half of 2011 by about 1 percent. In the fourth quarter of 2012, the economy experienced another 0.8 percent actual decline in GDP.
Notwithstanding the debate whether a double dip actually occurred in the U.S., in both cases—1907-13 and 2007-13—the financial system was bailed out, albeit by different institutions (Treasury vs. Fed); and in both cases the economic recovery was sub-par and extended in that trajectory for at least five years.
In both historical cases, other Fed functions—money supply management and supervising the banks to prevent crashes in the first place—have been of secondary importance from the very beginning. That has been true as well for much of the intervening years during the Fed's first century.
In terms of money supply regulation, in 1913 the Fed was envisioned to change the money supply only rarely. Its only tool was the occasional adjustment of the reserves banks were required to keep on hand. The idea of using monetary tools like open market operations to regulate the money supply only came later, in the 1930s, when the Fed had already failed miserably at money supply creation to assist recovery from the depression. After 1933 the Fed was largely sidelined until the late 1950s. And beginning in the 1960s, and especially the 1980s onward, Fed money supply policies became increasingly in service to bank rescues and bail outs. So from the very beginning there has been a strong bias within the Fed not to regulate the money supply as a way to rebalance the economy. Whenever the banking system has been in crisis over the past century, the Fed has thrown concern about the money supply regulation out the window.
Similarly, when the Fed was formed in 1913 there was essentially no real bank supervision function. The Fed was led by the bankers themselves who were the directors and governors of the Fed and made all its operational decisions. It is an oxymoron to say that the function of the Fed was has always been to supervise the banks. The banks were the Fed and to a great extent are still the power behind the throne of monetary policy. If the Fed had actually supervised the banks, there would have been no financial excess in the 1920s that led to the subsequent stock market crash of 1929 and no four annual banking crashes that followed between 1929-1933. Nor would there have financial mini-crises in 1966, 1970 and 1974. Nor S&L and junk bond crises of the 1980s; or the Asian Meltdown and dot.com bubble of the 1990s; or the Housing bubble and crash of 2003-08. Whenever the Fed has successfully bailed out the banks since the 1960s, in the post-bailout period the Fed has never subsequently implemented a policy of true banking regulation, but only the appearance of it. That applies also today, to the post-2010 new rules under the Dodd-Frank financial regulation law and role given to the Fed to supervise the banks.
Fed Fulfills Its Primary Function
Since 2009 the Federal Reserve, chaired by Bernanke, has been true to the Fed's primary historical function, bailing out the banks. It has abandoned any semblance of money supply regulation since 2008 by pumping tens of trillions of dollars into the banks and investors to keep them afloat. And has established a false façade, a potemkin village, of new measures that purport to represent banking supervision.
In fact, Bernanke has gone well beyond the Fed's original charter. Since 2008, the Fed has spent more than $1 trillion to bail out foreign central and private banks, and trillions more to bail out global shadow banks—i.e. hedge funds, private equity firms, investment banks, real estate investment trusts, broker-dealers, mutual funds, private asset banks, finance companies, insurance companies, SIVs, and so on ad infinitum. Finally, using its QE programs, it has been bailing out individual investors by purchasing their various bad assets, especially subprime mortgage bonds. In other words, under Bernanke's Fed the bailouts have expanded both in scope and magnitude.
The Fed's QE program has already exceeded $4 trillion and will likely add at least another $600 billion in 2014, and still more beyond 2014. QE directly bails out high net worth individual investors and their shadow bank institutions. Other Fed programs, called special auctions, have provided still more trillions of bailout dollars to banks and shadow banks. The special auctions bailout the banks and shadow banks, which manage much of the super wealthy investors' assets, and, in turn, pass through financial capital gains to those same investors.
In addition to the special auctions and QE since 2008, the Fed has also effectively lowered interest rates to essentially zero at which the banks can borrow money. It has kept those rates at that level for nearly five years now, promising to continue the zero bound interest rates for at least another two years. The Fed has even allowed the banks that borrow its essentially free money to redeposit the borrowed money back with the Fed again. In turn, the Fed pays them interest on the free money until they decide where to reinvest it.
QE, auctions, ensuring near zero rates, and paying interest on nearly free money together have resulted somewhere between $15-$20 trillion being provided by the Fed to bankers and shadow bankers—U.S. and foreign—as well as very high net worth individual investors globally.
A far less, but still significant, sum of $2-$3 trillion in the U.S. was provided to non-bank companies in the form of tax cuts, subsidies, and government spending. This number, moreover, does not include the so-called fiscal cliff deal of January 1, 2013, which allowed another $4 trillion of the Bush tax cuts of the last decade to continue through 2023—about 80 percent of which accrues to wealthy households and businesses, according to several estimates. So $15 to $20 trillion total to bail out bankers and investors, and another $4-$5 trillion bailouts in the form of tax cuts to non-bank businesses and their investors.
The deficit social spending cuts since 2011, in contrast, pale in comparison to the direct Fed bailouts of banks, shadow banks, and investors, and the Congressional bailouts of non-bank businesses. Hardly any fight occurred in Congress, or was raised by the President, over the $15 to $20 multi-trillion dollar bank-shadow bank-investor bailouts. In contrast, the two wings of the single capitalist party—the Republicans and Democrats—have fought like cats and dogs over tax hikes for the rich and social program spending cuts for the rest of America.
Finance Capital's Shadow Banks
Of all the financial sectors, the shadow banks and their investors have been the especially big beneficiaries of the Fed bailout since 2008. Today the global shadow banking sector has an estimated $71 trillion in financial assets, which is up from $60 trillion in 2007 just before the recent crisis erupted, according to multiple reports in the Financial Times in 2013.
If one assumes the U.S. sector of global shadow banking represents, at minimum, 35 percent of the $71 trillion total, then U.S. shadow banks hold about $25 trillion of that $71 trillion. That $25 trillion today compares to an estimate made in May 2009 by the financial research firm, RGE Monitor, of approximately $10.5 trillion held in 2007 by U.S shadow banks. U.S. shadow banks have thus more than doubled their assets since the crisis began in 2008. Not bad for a post-crash recovery.
In contrast, the traditional (non-shadow) quasi-regulated commercial banks, i.e. JP Morgan, Barclays, Wells Fargo, HSBC, Deutchebank, UBS, Credit Suisse, and so on, have also more than recovered. In 2007, U.S. commercial banks' asset total was estimated at about $10 trillion (RGE Monitor). But, according to a January 2, 2014 report by SNL Financial, a business data firm, traditional (non-shadow) U.S. commercial banks now hold a total of $14.6 trillion in assets. So they have increased their assets by nearly 50 percent in the past 5 years.
Two conclusions follow from this. First, the U.S. commercial banks have fully recovered all their asset losses and then some since the financial crash. Second, the shadow banks have been the big winners and gainers despite the crash, more than doubling their assets—even though the 2008 financial crash originated within the shadow bank system itself (Bear-Stearns, Lehman Brothers, AIG, GMAC, Merrill-Lynch, Fannie Mae, etc.). The Shadow Banking sector of global finance capital has become increasingly influential and powerful in recent decades, and continues so in the wake of the 2008-09 crash.
The shadow sector Trusts were at the center of the 1907-08 crash. Their relative influence waned in the World War I period. But by the 1920s the shadow banking system had recovered and began to rapidly expand once again, in new forms (era of the rise of the investment banks and broker-dealers), and engaged in excessive financial speculation once more. Shadow banks went into relative remission again in the depression and World War II years, then began expanding again in the 1960s-1970s. The speculative investing binge followed in the 1980s and 1990s, culminating in a series of growing financial crises in the U.S. and globally: in the late 1980s in the U.S. in the savings and loan, junk bond, and stock markets; in the 1990s in the collapse in Japan, in northern Europe banks, in Latin American and Asian financial meltdowns, in the dotcom boom and bust 1998-2000, and in the housing bubbles worldwide in the last decade. Financial instability and busts have not only begun appearing more frequently but also globally and spreading beyond individual banks and regional financial markets to become increasingly globalized and generalized. With their expansion has come more financial asset bubbles, instability, and the risk of greater and more frequent financial crashes.
Finance Capitalists' Global Assets
Economists and the business-dominated media like to talk about crises by using terms like the markets. The markets say this or say that, as if they were actual persons. This de-personified choice of concepts serves to hide the fact that there is no such thing as the markets, per se. The markets are not some objectified thing, they are comprised of people, financial investors, dominated by finance capitalists worth more than $100 million in investable assets. Elsewhere this writer has called this group of investors, their show banking institutions, and the proliferating global highly liquid financial markets in which they speculate, the Global Money Parade (see Epic Recession: Prelude to Global Depression, Pluto Books, 2010).
The investors that constitute the markets are the elite core of finance capitalists. They are sometimes referred to as very high net worth investors, or even ultra high net worth investors. The arbitrary distinction between the two—very high and ultra—who together represent the elite layer of finance capitalists as a group, is typically a cut off of $5-$30 million in readily available, i.e. liquid investable assets (VHNWs) vs. more than $30 million (UHNWs).
According to a study in 2013 by Capgemini, a global business consultancy, VHNWs globally increased their investable wealth in 2012 alone by more than $4 trillion, to $46.2 trillion. Another report in 2013 by the big Euro bank, UBS, indicated the total wealth held by the UHNW wealthiest 200,000 investors in the world amounted to $28 trillion. About 70,500 of the 200,000 are located in the U.S., according to the UBS study with another 58,000 in Europe, and 44,500 in Asia. Growth of this group's assets is projected to continue, at a minimum, $4 trillion by every year.
Wall St. Journal and Financial Times analysts in the business press, commenting on the above reports, have remarked that "the flood of central bank money is behind most of this growth in wealth, rather than fresh entrepreneurial success or economic growth."
In other words, it is the Fed and other central banks worldwide, to a lesser extent, that together are responsible to a significant extent for the massive increase in investable financial assets that has taken place through the bail out of financial institutions—commercial and shadow alike—and their VHNW and UHNW investors. The tens of trillions of dollars that have been pumped into these elite investors and their financial institutions since 2008 ends up being reinvested, not in businesses that produce real goods and services (and therefore jobs and incomes), but primarily in financial markets once again—i.e. into global stock markets, junk bond markets, into derivative markets of all kinds, into foreign exchange trading, emerging market funds, select real estate markets like China, U.S. farmland prices, leveraged buyouts, mergers and acquisitions, into buying up Eurozone periphery sovereign debt, and so on. The Fed provides the free money, which the very wealthy and their institutions then use to speculate even further in various financial asset markets worldwide. They do so because the profitability from financial asset investment is far greater, turns over faster, and is often less risky than investing long term in real, mom and pop businesses.
The money flows from the Fed (and other central banks in Europe, Japan and elsewhere), to the high net worth investors and their financial institutions, and eventually into these global financial markets. The outcome since 2008 has been accelerating financial asset prices—i.e. re-emerging today once again as financial bubbles—in stocks, bonds, real estate, etc. Meanwhile, all this is taking place as the U.S. and world economy have been experiencing crisis and historic slowing of real investment and sub-par economic recovery.
In other words, the global money parade is at the heart of the problem of growing financial bubbles and, indirectly as well, the slowing of real investment, job creation, incomes for the many, and economic recovery.
Feeding the Banking Beast
Bernanke's Fed has played a key role since 2008 in accelerating the growth and expansion of this Global Money Parade by having pumped tens of trillions more in liquidity into it since 2008. Liquidity which has fueled a rapid return to excessive speculative financial investment worldwide since 2009 and that will continue to do so—inevitably producing even more financial asset price bubbles, eventually another major financial crash, and thereafter subsequent banking system bailouts once again.
Although Bernanke did not begin this process of feeding the banking beast with ever more liquidity, Bernanke's Fed has added to the forces behind it more so than even his Federal Reserve predecessor, Alan Greenspan. Mimicking the Fed's actions since 2008, other central banks worldwide—from the Banks of England and Eurozone to the Bank of Japan—have also been working overtime pumping excess liquidity into the global financial system, adding to the trend of central banks creating the next round of financial bubbles and crashes in the not-distant future. The weak links today in the global banking system are in the Eurozone and in Asia, where the People's Bank of China, i.e. the central bank of China, continues to struggle to extricate its local real estate and property markets from the global shadow banking system and the property-real estate asset price bubbles that global shadow bankers and ultra high net worth investors are creating in China today. The Eurozone banks also continue as a source of potential severe financial instability. Select emerging market countries—like Turkey, Brazil, South Africa, Indonesia and even India may soon join the weak link list in 2014 as well.
The point is that, when assessing the Bernanke Fed's performance, it is essential to recognize that Bernanke, like other Fed chairs before him, have helped create—and continue to create—the financial conditions and instability that has led—and continues to lead—to repeated financial crashes. Their primary function—i.e. bailing out the banks—is ironically required time and again to contain the same financial instability it helped create. The solution to the financial crisis—massive doses of more money and liquidity—became the basis for the next financial crisis.
The Fed's Secondary Functions
Academic economists argue that the Fed's real primary function is regulating the money supply—not bailing out the banks. The latter are accidental excesses of economic history, not due to the internal logic of the global finance capital system. The same economists argue as well that the Fed's supervision of the banking system is equally primary. However, the historical record shows something quite different for both points.
One can hardly argue that money supply regulation has been central since 2008, given the tens of trillions of liquidity (i.e. money) the Fed has pumped into the banks. Defenders of the Fed argue this was necessary to prevent a collapse of the banks and was, therefore, justified. But consistent, excess money supply injections by the Fed predate the recent crisis that erupted in 2008. In fact, the Fed has been feeding the shadow and commercial banks more and more money for decades now—a fact that no doubt exacerbated the 2008 financial crash. For example, since the mid-1960s the Fed has pumped money into the system:
- In 1966, to prevent a bank crisis involving new certificates of deposit financial asset speculation
- In 1970, to prevent a crisis involving commercial paper
- In 1974, to rescue the Real Estate Investment Trusts
- In the 1980s, to deal with the dual financial market crises involving the savings and loan sector, the junk bond markets,
and the 500 point stock market crash of 1987
- In the 1980s and 1990s, to protect bank losses involving sovereign debt crises in Latin America; again during the Asian Meltdown of 1998
- In 1999-2000, feeding the dot.com tech bubble
- In 2003-06, creating the housing bubble
- In between, every time there was a recession, more money was given to get bankers
to lend to non-bank businesses. And more money still to ensure that Nixon was elected in 1972 and George W. Bush in 2004.
If the Fed's function is to regulate the money supply, then its history for nearly the past half century has been to largely ignore that regulation and, instead, to continually and repeatedly pump money into the financial system to assist the global expansion of the banks and/or to restore bank losses when a threat of crisis, or real crisis, occurs.
Bernanke has maintained publicly time and again that the purpose of the money supply surges on his watch was to ensure that a moderate inflation rate of 2 percent occurred, to stimulate the real economy, and to create jobs. However, the rate of inflation in the U.S. economy has been steadily declining the past three years, now below 1 percent.
The Fed is further away from its inflation target goal than it was when it began its current policies in 2009. There are still more than 20 million U.S. workers without jobs, not counting the 5 million who have left the labor force since 2008. As for GDP and economic growth, the U.S. average growth rate the past three years has been slowing, to around a 1.7-1.8 percent average—well below half that for a normal recovery. All that despite a $15-$20 trillion bailout of the banks and a wide open money spigot for the past five years.
Academics who insist the Fed's primary function is the regulation of money supply, not bank bailouts, alternatively argue the Fed's main responsibility is supervising the banking system. They point to the 2010 Dodd-Frank financial regulation law that has given Bernanke's Fed more bank supervisory authority than it has ever had.
The shadow banking system is now under Fed supervision, they point out. In addition, the Fed conducts periodic bank stress tests. It has a new Capital Analysis and Review Process to ensure banks hold sufficient capital. Big banks are designated as SIFIs (Systematically Important Financial Institutions) that are subject to more scrutiny than ever before.
However, most of this is political spin for public consumption. The big banks are bigger than ever. The stress tests are carefully structured events to raise public confidence in the banks, to buy their stocks and not withdraw their deposits. Bank capital requirements are far too minimal to make a difference in another financial panic. The Dodd-Frank law has exempted most of derivatives trading from regulation, and in no way stops banks and shadow banks from setting up operations abroad and continue risky speculative practices, as before 2007-08. In short, bank supervision is largely in name only—and will grow weaker, not stronger, over time.
History shows repeatedly that in the wake of a financial crash a brief period of limited bank supervision occurs. Old forms of shadow banks are brought under the regulatory-Fed supervision umbrella. But new institutions are eventually created outside the umbrella. New highly liquid speculative markets form and new financial instruments to sell them in are created to get around the regulatory framework. Finance capital and its excesses cannot be regulated or supervised effectively in the long run, since supervision is defined and implemented by institutions (the Fed, Congress, agencies, etc.) that are managed and controlled by the same financial-banking interests. The token new bank supervision authority given to Bernanke's Fed in 2010 has already begun, in 2014, to unravel.
Conclusion: Making Bankers Wealthier
The Bernanke Fed's performance has been very much like previous Fed regimes. Bernanke's Fed has performed superbly as a lender of last resort, bailing out the banks, shadow banks, and very high net worth investors. In so doing, it has fed the banking beast even more liquidity that can only result down the road in another round of financial instability and crisis. The secondary function of money supply management has never been disregarded more than by Bernanke's Fed, while bank supervision—a token effort since 2010—is already in retreat.
The Bernanke Fed has performed remarkably well—for bankers, shadow bankers, and super wealthy investors. Its highest marks are for bank bailout. Expect mostly more of the same for Bernanke's successor, Janet Yellen, who succeeds him this February. The basic function and primary purpose of the Fed—i.e. bank bailout—has not changed throughout its first century.
Jack Rasmus is the author of the books, Obama's Economy: Recovery for the Few, 2012, and Epic Recession: Prelude to Global Depression, 2010, both from Pluto Press. He hosts the weekly radio show on the Progressive Radio Network. His website is www.kyklosproductions.com.


text:
Microsoft bug squashers are investigating reports of a serious security vulnerability in Windows operating systems that could allow attackers to take control of vast numbers of machines, particularly those located off US shores. A Microsoft spokesman had only minimal details about the investigation, which was prompted by a presentation last week by researcher Beau Butler at the Kiwicon security conference in New Zealand. According to this report in the Sydney Morning Herald, the flaw affects every version of Windows including Vista and is actually the continuation of an old vulnerability that Microsoft supposedly fixed years ago.
The bug, according to Symantec's DeepSight threat notification service, resides in a feature known as Web Proxy Autodiscovery (WPAD), which helps IT administrators automate the configuration of proxy settings in Internet Explorer and other web browsers. The vulnerability can be "widely exploited" to "intercept web sessions, direct browsers to malicious proxies, and effectively gain control over unsuspecting users' web traffic," according to Symantec, which said it had yet to confirm the vulnerability.
View: The full story @ The Reg


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Hi all.
I have returned to taking a nice dram in the evening after being without for many years.
16 yrs ago I had a great holiday at loch Rannock, during that time I popped into Pitlochry and bought some great malts, all have long been consumed except one.
I am unsure to drink it now or save it for posterity
Its a Signatory Jura 1976 bottled in 1996 but no 1862 bottle no 100 of 615
Has anyone had this, and is it worth anything.
Signatory 1976 Jura
All your whisky related questions answered here.
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Continuing the collaboration they started together last year, fragment design and Vanquish have teamed up again to release another denim collection for Spring/Summer 2011. The highly distressed models each feature a different level of wear and tear ranging from paint splattered to being ripped at the knee. Available in three different washes, the jeans include the same side-zip detailing seen on previous Fenom models and each pair features the fragment design logo on the left thigh. To place an order, or for general product inquiries, contact email@example.com.
Source: honeyee


text:
Steve Seemann grew up in New York, sporting Yankee pinstripes, flipping baseball cards of Bucky Dent and Reggie Jackson.
Keith Franzese, was born in Boston. His childhood dreams were of the Green Monster and those who played in its shadow. Names like Yastrzemski, Evans and Rice.
So why are these two guys from northern cities steeped in baseball tradition, guys who can rattle off a who's who of diamond legends, spending hundreds of dollars to fly to New York to see the likes of Sonnanstine, Iwamura and Upton — when last fall at this time, it was a challenge to get anybody to see them for free?
The answer: To usher in a first and be a part of the last.
Seemann, 40, and Franzese, 42, who attend a dozen or so Rays home games each season, said they didn't want to miss a chance to root their adopted team to its first division crown while at the same time bidding farewell to the monument that is Yankee Stadium. They're among a group of about 40 Rays fans traveling to New York this weekend to watch the Rays' final series in the House that Ruth Built.
"In terms of sports history, is there any other place as hallowed?" Seemann said. "My Dad was a huge Yankees fan and I grew up dreaming of going there, but this will be my first time. So for me to go touch the statues of Mantle and Gehrig, it will be quite a thrill."
"For years, a bunch of us guys have been saying we were going to go," said Seemann's brother-in-law, Rick Caldevilla, 43. "And now that it's the last year (for Yankee Stadium), nobody backed out."
Even in a city like New York, where a hamburger can cost you $15 and a martini will run you $20, front-row seats to a piece of baseball history are steep. Some Rays fans are paying up to $700 for a ticket (face value: $100) to Saturday's matinee — pricey by Tampa standards, but a bargain compared with tickets for the Yankees' final regular-season home game on Sept. 21, some of which were listed at more than $16,000 on StubHub.com.
And while this group of Rays fans considers themselves highly dedicated, they'd like to get into the game and still have money left over to hit a few Manhattan watering holes and participate in New York's other favorite pastime — shopping. A pass by the San Gennaro Italian festival in Little Italy is also on the itinerary.
For Caldevilla's wife Patti, a self-described baseball purist who vividly recalls the family trip to the Baseball Hall of Fame in Cooperstown some 25 years ago, the journey is about the love of the game.
"Baseball had been getting a bad reputation in Tampa, but I'll tell you what, if you're in the circuit, there are a lot of baseball fans here," she said. "Some people say it may be boring, but take somebody to enough games and they will love it. I prefer it over football."
Patti falls into the "married group" going to New York, and plans to hang out with the other baseball moms from Wellswood Youth Baseball League, in which her son plays. Seemann and Franzese have a much later curfew. They say trips like these make them feel like kids again.
Whatever you do, don't label them bandwagon fans.
"I've been to Rays home games when you can yell at people on first base side from third base side," Franzese said. "I'd be making this trip regardless of our record, because this is history — something we will probably be talking about 10 years from now."


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Pint-size advantage for the nanobrewery
Crowlers are changing the way we take beer home
Ian Anderson 5:30 p.m., Sept. 18
Local pianist Geoffrey Keezer and guitarist Peter Sprague teamed up to form a new jazz band that sold out the Saville Theater. The concert served as a CD-release party for their debut, Mill Creek Road. The group features Los Angeles–based bassist Hamilton Price and San Diego drummer Duncan Moore with special guests Zach Harmon on tablas and Erica Ochoa on violin.
The evening began with Sprague's "Thessaloniki," which featured fast piano and guitar lines that periodically dovetailed into pedal-toned passages. Next up was Keezer's waltz "En Babia," based loosely on "Hotel California." This one had lots of piano-bass ostinatos and a guitar solo.
They brought out L.A. percussionist Harmon for "India Zach," which featured a complex, hypnotic tabla solo. Sprague's title track was pastoral, with a nod to the interplay of Pat Metheny and Lyle Mays. The concert finished strongly with Sprague's samba lullaby "Secret Code."
Sprague and Keezer's instrumental voices have grown together well, and they've written beautifully complex music that factors in the special abilities of Price and Moore.


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This publication was produced to accompany Damien Hirst's first-ever drawings exhibition held in association with the British Council in Ljubljana, Slovenia in 2003, before touring to St Petersburg.
Spanning his entire career, they range from early drawings done when Hirst was a teenager to intimate drawings made for close friends. The exhibition also included preparatory sketches and ideas for future work.
The range of material is broad and eclectic, shadowing the countless interests and enthusiasms of the artist and casting a unique insight into his life and working methods.
There are two versions of this broadsheet: one produced for the exhibition opening in Ljubljana, and the other for its tour to St Petersburg.
Damien Hirst was born in Bristol in 1965. He first came to public attention in 1988 when he conceived and curated 'Freeze', an exhibition of his own work and that of his contemporaries at Goldsmiths college, staged in a disused London warehouse. Since this time Hirst has become widely recognised as one of the most influential artists of his generation.
Through a varied practise of installation, sculpture, painting and drawing Hirst has sought to explore the complex relationship between art, life and death. Alongside over 80 solo exhibitions he has worked on numerous curatorial projects. In 2008, Hirst took the unprecedented step of bypassing gallery involvement in selling 244 new works at a Sotheby's, London auction entitled 'Beautiful Inside My Head Forever'.
Hirst was awarded the Turner Prize in 1995 and his contribution to British art over the last two and a half decades has been acknowledged in a major solo retrospective exhibited at Tate Modern, London. He lives in Devon and has studios in Gloucester and London.
Text © Damien Hirst & Science Ltd., All rights reserved, 2012


text:
Opened 9 years ago
Closed 9 years ago
Last modified 9 years ago
#2880 closed bug (fixed)
GHC panic when printing Unique
|Reported by:
|Owned by:
|Operating System:
|Type of failure:
|Test Case:
|Blocked By:
|Related Tickets:
|Differential Rev(s):
|Wiki Page:
The following program causes panic:
import UniqSupply main = mkSplitUniqSupply 'x' >>= print . uniqFromSupply
The error message is:
ghcbug: ghcbug: panic! (the 'impossible' happened) (GHC version 6.10.1 for i386-apple-darwin): Static flags have not been initialised! Please call GHC.newSession or GHC.parseStaticFlags early enough.
I have encountered this on an Apple MacBook with GHC 6.10.1 and could reproduce it on a Linux PC with the same GHC version.
The module UniqSupply comes from the ghc package which is hidden by default. So before compiling it (or running it in GHCi) type
ghc-pkg expose ghc
in a shell.
Change History (3)
comment:1 Changed 9 years ago by
I don't think this is actually a bug. Printing a Unique actually does require access to the static flags, so you need to initialize them as the panic suggests.
The relevant code is in Unique.lhs:
pprUnique :: Unique -> SDoc pprUnique uniq | opt_SuppressUniques = empty -- Used exclusively to suppress uniques so you | otherwise -- can compare output easily = case unpkUnique uniq of (tag, u) -> finish_ppr tag u (text (iToBase62 u))
Note the use of opt_SuppressUniques, a static flag, which pulls on the staticFlags thunk and hence causes the panic.
I'm not sure we actually intend UniqSupply et al. to be used outside the context of GHC session, so this behaviour does not surprise me...
You can probably fix it by doing:
import UniqSupply import StaticFlagParser (parseStaticFlags) main = do parseStaticFlags [] mkSplitUniqSupply 'x' >>= print . uniqFromSupply
This will most likely continue to work in the future, but there are no guarantees :-)
comment:2 Changed 9 years ago by
|→ fixed
|new → closed
Thank you for the clarifications! I have not been aware that using UniqSupply requires any additional initialization and thought the message referred to something that is usually done but forgotten.
What would be the preferred thing to do, when writing a library that needs unique identifiers? Reimplement them, put them on Hackage/github and hope that GHC experts find the time to optimize them like their own? A package on Hackage that can be used by ghc *and* other libraries seems preferable. But I don't know how easy or difficult it is to factor out uniques from ghc...
comment:3 Changed 9 years ago by
Factoring out Uniques would be /fairly/ straightforward - I think the only surprising dependency of Uniques comes from that use of the static flag, which is only used when printing them. This is easily avoided by defining a new Show instance that does not use pprUnique.
However, I'm not sure we want GHC to have another dependency (and hence boot package), so we would probably not depend on that package ourselves - but you are welcome to copy the code :-)


text:
This is a corner for the concrete-insulation system which places more concrete on the inside of the insulation, this becomes thermal-mass to regulate comfort-zone and is engineered for each room before the pour.
Views: 101
Autonomous Architecture
Location: Seattle, WA
© 2017 Created by Lawrence Berkeley National Laboratory. Powered by


text:
Say hello to Macy!! She has been at The Fort Lauderdale Animal Care & Adoption Center longer than any other dog. Macy was found as a stray in the city of Hollywood on March 24th and she has been waiting since March for a new home. Macy loves other dogs and will make the perfect pet for anyone.
If you would like to adopt Macy please contact email@example.com.
Macy has been at the shelter longer than any other animal
Animal ID Number: A1576803
Name: Macy
Age: 1 year old
Breed: Shepherd/ Hound Mix
Sex: Spayed Female
Health: Fully vetted and completely healthy
Temperament: Very friendly with people, good with other dogs
Weight: 55 pounds
Intake Date: March 24, 2013


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text: Thanks for the help locating an address for Paul Johnson. I have one other U.K. related request. I am trying to locate a copy of: "BE A PAPER ENGINEER: Numeracy Through Problem Solving" by Malcom Swan, Barbara Binns & John Gillespie (1992). Shell Centre & Joint Matriculation Board, Shell Centre for Mathematical Education, University of Nottingham. It is my understanding that this book is not available in the U.S. Does anyone have a source for getting technical books from the U.K? Thanks, Ed (Hutchins)


text:
Subscriber portal
I am starting a new project for which I want to use TFS 11's scrum template for project's better planing as TFS 11 is rich in features for that purpose.
The problem that I want to resolve is how can I use dependency projects that are there in TFS 2010 for my new project in TFS 11 beta.
Is there any way that TFS 11 can reference dependency project's of TFS 2010 and clients can seamlessly work with TFS 11 to download new project along with dependency projects.
Otherwise on Client side what would be optimal way to work with both servers to have latest dependencies from TFS2010 and my new project from TFS 11?
Hi Dami,
Thanks for your post.
As far as I know, there's no the default feature to support real time synchronization between TFS 11 and TFS 2010, if you want to develop project use the TFS 11's scrum in TFS 11 Server, you should migrate your project from
TFS 2010 to TFS 11 Server.
You can try to use the TFS Integration Tools to do the TFS 2010 – TFS 11 sync/migrate, please refer to Willy's blog here to get started:
John Qiao [MSFT]
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SAN DIEGO: Police are asking for the public's help in finding the man responsible for a violent robbery in Shelltown that left a woman bleeding and terrorized.
The incident occurred about 10:45 p.m. March 19, said San Diego police spokeswoman Mónica Muñoz. It began when the robber and the woman were on a bus in Shelltown. The robber struck up a conversation with the woman, during which he claimed to work at a surf shop in Pacific Beach.
He then began describing the apartment complex where the woman lived, Muñoz said. Feeling uneasy, she got off the bus at Highland Avenue and Eta Street. The man went after her, claimed to have a gun and demanded money.
When the woman told the robber she had no cash, he threatened to shoot her, then took something out from under his shirt and used it to beat her, Muñoz said. The man grabbed her by the hair and slammed her face into the pavement repeatedly. He also punched her several times.
He took the woman's house keys and left her bleeding on the sidewalk, Muñoz said.
The robber was described as Latino, about 5 feet 8 inches tall and weighing about 180 pounds, with brown eyes and brown hair. He was seen wearing a yellow shirt and white shorts with blue flowers. –G.G.
Four officers involved in fatal shooting named
EL CAJON: Police have identified four veteran El Cajon officers involved in the fatal shooting of a 32-year-old man carrying a large hunting knife last week.
Officer John Hays, with 19 years on the force, was the first to spot Jeromiah Paul Davis on Friday afternoon running south on Avocado Boulevard near Horizon Hills Drive.
Other officers later joined him: patrol Sgt. Michael Moulton, with 13 years on the force; Officer Richard Whitman Jr., with 23 years of experience; and Detective Sgt. Michael Hook, a 27-year veteran. The four officers fired their handguns when Davis charged at them with the knife raised overhead, police said.
The shooting came after failed attempts to communicate with Davis and to stop him with nonlethal force.
Davis, an admitted methamphetamine user, had been arrested in the past on suspicion of DUI, vandalism and drug use, police said. He was convicted in 2007 for assault with a deadly weapon and sentenced to one year in custody. –J.L.J. & K.D.
In other crime news
LA MESA: Police were looking for two men who concealed their faces and used a handgun to rob a 7-Eleven on Baltimore Drive near Fletcher Parkway about 3:30 a.m. yesterday. The robbers threatened the clerk, then took cash, cigarettes and alcohol, La Mesa police said. –M.A.
Authorities yesterday were looking for a missing company delivery truck used by an Anaheim deliveryman who was found stabbed to death March 24 on a Tijuana beach. Shane Pennington, 19, was last seen March 21 by his employer, A Cut Above Seafood. The truck is a silver 2004 Ford Ranger with California license plate 8E28590. It has an attached freezer bed and is stamped with the Cut Above logo. –A.P.
Teenager is killed in off-road vehicle crash
EAST COUNTY: A teenager died yesterday after an off-road vehicle crash on the Barona Indian Reservation southeast of Ramona, the California Highway Patrol said.
CPR was performed on a 16-year-old off Wildcat Canyon and Featherstone Canyon roads about 7:15 p.m, the CHP said. The youth's name was not released.
The crash involved a QuadRunner-type of sport vehicle. No one else was injured, a Heartland fire dispatcher said. The victim was taken to the Barona fire station. –P.R.
Navy man committed to mental hospital in attack
SOUTH COUNTY COURTS: A Navy man was committed to a state mental hospital by a judge yesterday for attacking his girlfriend and her family with an ax in 2006.
Acting on the advice of a psychiatrist, Chula Vista Superior Court Judge Alvin E. Green Jr. said he was ordering Justin Mank of Perris be sent to Patton State Hospital in San Bernardino for treatment of a mental illness.
Green said that Mank, 28, could spend up to 24 years and eight months in the hospital or in prison under the terms of a plea agreement.
Mank could be released by court approval if he is deemed to be legally sane, Deputy District Attorney Rebecca Ocain said outside the courtroom.
"It could be a year from now, it could be 15 years from now," Ocain said.
Mank pleaded guilty in February to 10 felony counts, including attempted murder, assault with a deadly weapon, carjacking and resisting arrest, Ocain said.
Green last month ruled that Mank was legally insane after three psychiatrists who interviewed Mank said he wasn't responsible for his actions when he attacked Ana Licea and her family Aug. 26, 2006, in their Chula Vista home. The psychiatrists said Mank became convinced that the victims were going to kill him if he didn't defend himself. The Liceas have recovered physically, but "they're still experiencing quite a bit of emotional trauma," Ocain said. –R.H.
Sanity phase set to begin in Fallbrook slaying trial
NORTH COUNTY COURTS: A jury will decide whether Jason Duane Cooper will be sent to a state prison or to a prison mental hospital for killing two people.
Cooper, who lived in Fallbrook, was convicted Monday of two counts of first-degree murder, including special circumstances of torture, in the April 2006 stabbings of his mother-in-law and his teenage sister-in-law.
Robyn Liebner, 53, was stabbed more than 20 times and Jenna Liebner, 16, was stabbed more than 50 times, a prosecutor said. Cooper's father-in-law, Thomas Liebner, discovered their bodies at their home on San Jacinto Circle West.
Cooper, 27, pleaded not guilty by reason of insanity. The sanity phase of the trial begins today in Vista court. Cooper was acquitted of an attempted burglary charge.
Cooper, who lived about a mile from the victims, was arrested the night the bodies were found and confessed to investigators, according to court testimony. –M.R.
Staff writers Greg Gross, Jose Luis Jiménez, Kristina Davis, Pauline Repard, Ray Huard and Matthew Rodriguez and The Associated Press contributed to this report.


text:
Ki gets brain scan all-clear
Celtic midfielder Ki Sung Yueng has been given the all-clear following a brain scan.
Last Updated: 08/11/11 3:08pm
Celtic midfielder Ki Sung Yueng has been given the all-clear following a brain scan.
The South Korea international was admitted to hospital for a number of tests after feeling nauseous in the run-up to his country's World Cup qualifier against the United Arab Emirates.
Ki had already missed the last two Celtic matches with a virus before flying over 5,000 miles back to Seoul ahead of Friday's game.
Celtic wanted the 22-year-old to remain in Glasgow but claim they were told by the South Korean FA that the player had to travel.
Relieved club officials said they were pleased Ki's tests had returned normal results.
A Bhoys statement said: "We made it our priority to ensure he received the appropriate rest and the usual high quality of care and treatment from the Celtic medical staff.
"Unfortunately the South Korean FA demanded that he travel and then, as Ki still felt unwell, they decided to carry out various tests.
"We look forward to Ki's condition improving and to him returning after the international break."


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Several recent letters showcase feisty, unconventional opinions.
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For a dedicated investor, one highlight of a new year is the chance to read the lively, thought-provoking, and often instructive words of top fund managers in their annual reports. Some highly esteemed managers, such as Bill Gross of PIMCO, also send out monthly or quarterly commentaries that are pored over by a wide audience. But the long and detailed year-end letters sent out by many other managers--even well-known ones--often escape wide notice.
That's understandable; everyone's time is tight. However, these letters often contain forthright, thoughtful nuggets on topics of interest for many investors. Below are some of the more interesting, contrarian, even cantankerous ideas from recently released annual reports.
A High-Quality Debate
For more than a year now, many respected fund managers, along with some other investors, have pointed toward "high quality" companies as the most attractive plays in the stock market. The definition of such firms varies, but the label generally refers to large companies with strong balance sheets (with emphasis on low levels of debt, hefty cash stakes, or both); high returns on equity; and products or services for which reasonable substitutes are not easily found.
At least one management duo apparently is getting a bit tired of being told it's missing the boat on quality. In their letter featured in Longleaf Partners'
They explain what they consider to be the marks of successful investments, which in some cases seem to overlap with broadly held definitions of "quality," but in others do not. For example, in evaluating a company, Hawkins and Cates place great emphasis on their personal opinion of management's skill in operations and capital allocation, a factor that often plays little if any role in most conventional judgments of what makes for a quality stock. And they say it's much more important to take a deep and detailed look at the often-complex structure of debt on a balance sheet and then weigh it against other characteristics of a company, rather than to rely on a number such as the company's debt/equity ratio.
"Sometimes investors question the 'quality' of our holdings," Hawkins and Cates wrote, "usually because these companies either do not fit a formulaic definition of quality or because of a recent headline scare that obscures an incredibly strong long-term competitive position." Such misperceptions do them a favor, the managers say, for it allows them to buy these allegedly low-quality companies at bargain prices, rather than paying up for companies that "have universally achieved consensus as 'high quality' based on simplistic measures that may or may not properly reflect the risk of losing permanent capital."
Hawkins and Cates also stress that being able to buy at a deep discount is always critical. Finally, they add, "We strongly disagree with those who equate stock price volatility with low quality and increased risk. ... Price movements have no bearing on capital loss unless one is forced to sell at a low point."
©2017 Morningstar Advisor. All right reserved.


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In Wheaton, 30 minutes west of Chicago, sits Cantigny Park. The estate of the Chicago Tribune's patriarch, the late Colonel Robert R. McCormick, it is home to the First Infantry Division Museum. The U.S.'s first and longest continuously serving regular Army division, the Big Red One has participated in WWI, WWII, Vietnam, and every major military action since I was born. The museum is a fixture of the western suburban middle school curriculum. Trips through its halls are as common to Illinois' pre-teens as trips to the Adler Planetarium, the Field Museum, and the Museum of Science and Industry.
I have personally, on multiple occasions, "rode" inside it's LCVP cum movie theatre, experienced the dramatic dropping of the craft's doors that serve as the gateway into the museum experience. I have reached out and touched the .50 cal shell casings laminated into the simulated Utah beachhead. I have stared in wonder at the waxy mannequins, bedecked in period uniforms, that serve as waypoints along the tour. Between my PBJ and string cheese I have straddled the barrel of the weatherized relic of an M-24 Chaffee tank hulk, a majestic vessel rusting into its concrete plinth. But in all the trips I have made to this museum I have never learned about war like the war portrayed in Combat Mission: Battle for Normandy.
CM:BN is the successor of the celebrated Combat Mission: Beyond Overlord. 12 years ago the game arrived in the waning months of a fantastic stretch of industry-changing PC titles. But its impenetrable interface, geologic pace and abstracted conceits crippled mainstream reception. This spiritual successor solves none of those problems, and I for one could not be happier. CM:BN builds on the weaknesses of its forefathers and follows them to their logical conclusion. If you are to excel at this brutally difficult game you will become a student of the history of fire and maneuver warfare or the men under your command will die. This is the first game I have ever played whose mission briefings include a reading list.
Like Cantigny, most first-person shooters focus on the experience of a single soldier or a single unit. They get you "down in the trenches," they dirty you up, they make you want to find a pack of unfiltered Lucky's and take long drags while you stare into the middle distance, trying to un-see what you have seen. CM:BN raises your perspective two or three tiers. You command battalion-sized forces (or smaller) ranging from pure infantry, mechanized infantry, or armored units. Like the fifth episode of Band of Brothers, "Crossroads," that finds Major Winters writing endless after-action reports, your decisions may lead to your ultimate recognition by your superiors. But you will also find yourself reflecting on every decision you made, every order you gave, and mourning each man you lead to their death.
The concept of command and control is a pivotal game element. If units without radios journey outside line of sight of your leadership units, if they range outside of earshot, they are unlikely to respond to your commands. In these situations the game's sophisticated TacAI is all they are left with. When your units are forced to rely on their training in this way the results can be dramatic, but you as the player have your agency removed from them. They are stranded and denied your benevolent omniscience. When they die it will be your fault for letting them go where you could not save them.
There is a lot of death in this game. In CM:BO individual squads of twelve men were abstracted out to 3 barely animated stick-figures. When pinned down they all three in unison bowed ponderously like drinking bird toys. In CM:BN each of those 12 men is clearly and desperately in danger when caught in the open.
Every round of every weapon is tracked individually by the game engine in 3D space. In a scenario I played, "Silence the Guns," which simulates the aforementioned Maj. Winter's text-book assault on the guns outside Brecourt manner on D-Day, a single artillery shell blasted a yard wide crater in the earth and took two men with it. As the sergeant patched his men back together in a spontaneous act of first aid individual rifle rounds sent up plumes of dirt around him. As more and more fire zeroed in he dropped his bandages and cowered next to his dying teammates in the shell hole that took them from him. And there was nothing I could do. I commanded him to crawl away into the safety of the bocage, to re-join the main forces and press the assault, but he would not leave his men. Only after their wounds were bound, and they faded off the map, would he listen. And I was left to watch it all, at my leisure, over and over again with a free-ranging camera allowing me access to every painful angle.
On another map I sent a self-propelled howitzer column, led by their command half track, careering over a river ford. Screened by Sherman tanks on their right flank and mobile infantry guns on the left, I thought it would be an easy crossing especially if made at full speed. As I hit the button to start the minute long timer in which my commands would be acted out I noticed the dust clouds along a distant road. One, two, three rounds came screaming in and vaporized the command vehicle and the first gun to follow it. Men who moments before could be seen crouched inside the cabin of the open-topped gun, vanished as the screen went white for a moment. Over the course of the next minute rounds cooked off inside the wasted hulks. Other vehicles in the column popped smoke and retreated as additional volleys from the Panzer column exploded against the trees in front of them. The terror I felt was not for myself but for my men, and it was clearly emoted by the shuddering of the vehicles on their suspension as they took evasive maneuvers.
When the Panzer's cleared the treeline my Shermans took their revenge. Gyrostabilized guns belched fire as they reared back on their haunches. Commanders opened hatches, exercising their right to mow down the Panzer crews that emerged from the broken, smoldering tanks. .50 caliber machines guns showered armored hulls with tracer fire and jack-booted Nazi officers were caught in between. These are real scenes of war, circumstances under which our grandfathers actually fought and there is nothing like this in any museum in the world.
The finest compliment I can give to the development team behind CM:BN is that they have given the player the tools to take on the heavy mantle of command and be rewarded. Armor thickness, weapons payloads, unique unit elements were masterfully modeled by this team over a decade ago. This time around they have put life into their waxy mannequins at a remarkable scale. This game is a historical simulation of the finest caliber and in my opinion better than any museum.
Battlefront.com was kind enough to provide GWJ with a preview build for this article. At the moment they are running a pre-order for the PC and Mac version. Next week I'm told there will be a playable beta demo. You can also download the manual, which is in the style of US Army field manuals. I would also recommend downloading vintage FMs to enhance your play.
I had coincidentally just reinstalled my copy of CM:BB last week. This is the wargame series I love most - cinematic and easily playable, with tons of verisimilitude. Just lovely.
Must save up money to pre-order. Must save up money to pre-order. Must save up money to pre-order . . .
Excellent news Swampy and Robear, Mac and PC players can play PBEM against each other. Yes!
FYI, Battlefront posted on their front page the Steelbooks preorders are officially "low stock" but if you order now you will still get one.
Demo is out!
If that's an April Fool, I'm going to be sad.


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Florida education news: Teacher training, driver education, anti-bullying club and more
ANOTHER LOOK: Interim Pinellas superintendent John Stewart wants to reconsider the district's teacher training partnership. (Times file photo)
DON'T COME BACK: A former Hernando teacher is banned from teaching in Florida for five years.
NEW VIEWS: St. Petersburg College gets two new trustees, while two others are reappointed.
TOP OF THE CLASS: A Hillsborough school bus driver wins accolades for protecting a student from potential abduction • Christ the King School wins a Blue Ribbon award
SAFETY ON THE ROAD: Some Polk residents wonder whether schools should require driver's education after a deadly teen crash, WTSP.com reports.
MORE MONEY: The Obama administration proposes a new jobs plan that would bring millions to Florida schools, the Miami Herald reports.
SHUT IT DOWN: Manatee officials look to close a charter school amid allegations that it is awarding unearned credits and diplomas, the Herald-Tribune reports.
FIGHTING BACK: A bullied Duval fifth-grader forms a club to help other kids get through what she has endured, the Florida Times-Union reports.
COLLABORATION: Northwest Florida State College and the University of West Florida join forces to make it easier for students to get bachelor's degrees, the Northwest Florida Daily News reports.
NEW WAY TO LEARN: An Alachua elementary school changes its classroom learning setups as it gets a new building, the Gainesville Sun reports.
Visit the Gradebook at noon for an interview with Dunedin High teacher Brandt Robinson, a plaintiff in the lawsuit against Senate Bill 736.


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ESL Job Feed is the most eclectic and broad source of ESL jobs and teaching positions available worldwide.?ESL Job Feed publishes links to ESL Job postings from a variety of sources including TESall, Total ESL, Yahoo!/Monster, Guardian Jobs, Chronicle of Higher Education, craigslist, TESOL Org, TEFL and many more. From conversation schools for beginners to university positions for teaching veterans,?ESL Job Feed is your source for English teaching positions worldwide.
Seeking Foreign English Teachers to Teach in China
Date 2012-11-26 13:11:42 Location : Asia:China
NOTES: 6 openings.
Additional Salary Information: Salary is paid in RMB. We also offer international round-trip ticket, medical insurance, traveling allowance per year, 1 month paid holiday, lunch subsidy, gas subsidy, and taxi subsidy.
Gender: no limit Age:22-60 Degree:bachelor, master and higher Teach Experience: over 1 year is preferable


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Herman VAN ROMPUY, President of the European Council, meets Anders Fogh Rasmussen, Secretary General of NATO, on 23 April, in Brussels.
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For ten weeks Canadians have been competing in an online competition to earn a coveted spot in a new Queen tribute band and have a chance to be a part of the Queen Extravaganza Tour, which will travel around the country and perform Queen's biggest hits.
According to antimusic.com, fans had until November 28th to vote and determine who the 21 finalists would be – it's been narrowed down to six vocalists, six guitarists, three drummers, three bassists, and three keyboard players, with Queen's very own Roger Taylor picking an additional five wildcard finalists. You can find the full list of finalists at www.queenextravaganza.com . The 26 finalists will then be flown to Los Angeles to meet with Taylor and perform their final audition live on December 5th at the Foo Fighters' Studio 606 West. "I look forward to the final auditions with these 26 young musicians," said Taylor to antimusic. "It's going to be a long and difficult day, but the end of the first stage of the long and exciting road to the opening of The Queen Extravaganza."
Some of the Queen classics that tribute band hopefuls have performed include "Killer Queen," "Somebody To Love," "Bohemian Rhapsody," and "Another One Bites The Dust."
Look for finalists like 38-year-old Tyler Martin from Edmonton, who told CTV News about performing in front of judges: "It's a little bit nerve wracking but that's where I excel. Being in front of someone is going to be better than singing in front of the camera and myself." Montreal crooner Marc Martel is another name to remember – his audition tape went viral and received more than five million hits on YouTube. His brother David is also one of the finalists. Other favourites in the competition are guitarist Tristan Avakian from Toronto, guitarist Roy Ziv from Toronto, guitarist Jason du Preez from Vancouver, and bassist Francois-Olivier Doyon from Quebec City.


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Abuja (Nigeria), Sep 17 (IANS) Hockey has seen a remarkable growth in Nigeria, an official said Tuesday.
Tunde Popoola, director of Organisation at the Nigeria Hockey Federation, said the growth was evident in the high standard of the game so far, reports Xinhua.
This was specially so in the fourth edition of the International Energy Insurance Hockey League, he said.
"In terms of performances, we are seeing a very high standard from the players, officials and the administrators," Popoola said.
Nine teams are taking part in the men's category and eight in the women's category.


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OMNICOM Group Inc. and Publicis Groupe SA say they are combining in a "merger of equals" that will create the world's largest advertising firm, one worth more than $US30 billion ($32.4 billion).
The combined company will be called Publicis Omnicom Group and be jointly led by Omnicom CEO John Wren and Publicis CEO Maurice Levy as co-chief executives. The move is designed to bolster the companies' focus on growing Asian and Latin American markets such as China and Brazil, where they each have ramped up operations to counter lacklustre growth in weak European markets.
But although a combined firm will allow for more pricing power in general, the decrease in competition could present regulatory hurdles in the US and Europe. Client conflicts also could be an issue, as rivals such as Coca-Cola Co., PepsiCo, McDonald's, Yum Brands' Taco Bell and Pizza Hut, Johnson & Johnson and Procter & Gamble now find themselves under the same umbrella.
Omnicom Group Inc., based in New York, owns BBDO Worldwide, DDB Worldwide Communications Group and TBWA Worldwide, among other agencies. Paris-based Publicis Groupe SA runs its namesake agency as well as Leo Burnett Worldwide, Saatchi & Saatchi and DigitasLBi. Their merger creates a company with combined annual revenue of about $US23 billion, leapfrogging them over current London-based industry leader WPP PLC.
For the first year, Omnicom Chairman Bruce Crawford will serve as non-executive chairman of the new company. He will be succeeded by Elizabeth Badinter, the current Publicis Groupe chairwoman, and daughter of its founder, for the second year.
Omnicom, which also owns public relations firms such as Fleishman-Hillard, Porter Novelli and Ketchum, reported 2012 profit of nearly $US1 billion on revenue of $US14.22 billion. Earlier this month, the Madison Avenue giant posted second-quarter earnings that topped analysts' average forecast, though revenue growth of 2 per cent fell just short of expectations.
Founded in 1986, Omnicom generates just over half of its revenue from US clients, and about one-quarter from European and British markets combined. The company's stock has risen 31 per cent in the last 12 months, recently peaking at $US67.43 on the New York Stock Exchange.
Omnicom will benefit from Publicis' strategic shift in the last few years toward digital operations, as the French company beefed up its digital marketing profile with the acquisitions of Digitas, Razorfish, Rosetta, Big Fuel and LBi. Publicis, which had revenue of $US8.78 billion in 2012, had targeted generating 75 per cent of its revenue in digital and fast-growing countries by 2018, according to a recent investor presentation.
And the move gives Publicis, which has faced questions about who will succeed 71-year-old Levy, access to Omnicom's well-regarded senior leadership, said James Dix, an analyst at Wedbush Securities.
A major concern, though, is whether the two companies can strike a harmonious balance of power - something that can be difficult in mergers of similar-sized companies based in different countries.
"You have these fiefdoms that keep people from playing together. One company is based in Paris, one is in New York. Where is the power centre?" Mr Dix said.
Mr Dix expects that top executives are comfortable with the structure of the deal, but the adjustment may be more difficult for the next level of executives who run the firms' units.
"Now they have to fit together into a broader organisation," Mr Dix said. "If you lose clients or have defections of senior executives then you have something that looked good on paper but didn't quite play out."


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Peter Greste's parents: 'Emotional' to see our son in Cairo jail
Lois and Juris Greste have described their ''extremely emotional'' visit to a prison in Cairo to see their son, Peter.
Peter Greste was one of three al-Jazeera journalists to be sentenced to seven years in jail in Egypt, after being found guilty of spreading false news and supporting the banned Muslim Brotherhood.
His colleagues were Canadian-Egyptian national Mohamed Fahmy and Egyptian producer Baher Mohamed.
They spoke to the BBC's Sally Nabil - who began by asking them to describe the moment they first saw him.
04 Jul 2014
- From the section Middle East


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But, on my laptop with win7 whenever I hovered over that I would get a small preview window.
Both are win7 but my laptop is an Acer and my desktop is an ASUS. does that make a difference? If so how can I make it show me a preview window?
I googled this and found a site that told me to go "computer>settings>advanced system settings>advanced>performance settings" and this is the default that came up. does this help?


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In protest against laboring children, Scott Bates imagines the letter "L" going on strike.
- Literature is as vital to our lives as food and shelter. Stories and poems help us work through the challenges we face, from everyday irritations to loneliness, heartache, and death. Literature is meant to mix it up with life. This website explores how it does so.
Please feel free to e-mail me [rrbates (at) smcm (dot) edu]. I would be honored to hear your thoughts and questions about literature.
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The Stevens Summer Advantage
The Stevens Summer is a pre-college experience that challenges, and promotes discovery and exploration. Each summer, talented high school students from the United States and all over the world come to Stevens for a true residential college experience. Get a taste of campus life, experience hands-on projects, visit successful companies, take a bite out of the Big Apple, and make your college application stand out!
Project-based Learning. This summer work in teams and compete to accomplish project goals.
Hands-on Research. Get an up-close perspective of your field of study-whether it is engineering, science, business, or our music programs.
Access to Industry Professionals. Gain insider knowledge about the life of professionals-engineers, scientists, business professionals and musicians in the field through corporate site visits.
An Edge in the College Admissions Process. A specialized, hands-on summer program at a well-reputed university can give high school students the credentials to stand out from other candidates.
A True Residential College Experience. Residence halls, college dining, new friends, fun, and hard work will give you a realistic preview of college life.
An Unbeatable Location. Social activities abound in and around the most exciting metropolis in the world: enjoy sporting events, museum trips, sightseeing trips, and other recreational activities that offer you the excitement of New York City access from the relaxing and safe atmosphere of a residential campus.
Exploring Career Options in Engineering and Science (ECOES)
Multimedia Production
What does it really mean to be a business major in a global, technology-based economic environment? This program will help you develop fundamental business and technical skills and explore your interests in business, finance, marketing, management and entrepreneurship, and get a taste of the real world of business students and professionals.
Computer Science
If you have questions about any programs in The Stevens Summer, don't hesitate to contact Marsha Melnyk, Assistant Director of Summer Programs, at 201.216.3353 or you can contact the main Undergraduate Admissions Office at 201.216.5194


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Your Higher Calling Perth
Raouda Sakour - for all enquiries email: firstname.lastname@example.com
Friday, 4 October 2013 at 7:00 pm - Saturday, 5 October 2013 at 9:30 pm (AEST)
Who's Going
San Francisco, California, USA
London, United Kingdom
Florence, Italy
Event Details
Be reminded of what is important to you.
International guest speaker, celebrated author and Philanthropy Consultant, Rooney International Scholar, TEDx Speaker and Wellington, New Zealand Rotary Member - Getrude Matshe
Getrude Matshe will share some of her own story of how she followed what was important to her and stepped up to take the call.
You will be moved. You will be inspired. You will be motivated.
Getrude Matshe is an inspirational speaker who has been described as a vibrant bundle of African energy whose zest and passion for life inspires everyone she meets. She is passionate about helping people achieve their full potential and find their individual life purpose. She is passionate about individuals' success. This makes her an energetic, inspirational and enlightening speaker.
About Getrude Matshe
Her speaking career started in Norway 1989 and for 12 years she has worked in the IT industry as a Systems Analyst, Systems Support Manager and Project Manager. Getrude immigrated to New Zealand in 2001 with nothing and is now the Director of three successful companies.
- She started Medical Recruiters of New Zealand Ltd
- GM Global Investments Ltd (Property)
- As an owner she formed Simzisani Ltd, a talent agency catering for the film and advertising industry and has been instrumental in supplying ethnic extras for prominent movies such as Peter Jackson's "King Kong" and James Cameron's Avatar
- She is the founder and CEO of the Africa Alive Education Foundation, an organization that supports HIV orphans in Zimbabwe
- She formed Walk on the Wild Side Tours – a symbiotic tourism company that takes tourist to Zimbabwe to work with HIV and Aids orphans
- She is married and the mother of three children and a well known African Storyteller, poet, artist, film maker and published author.
Getrude is a dynamic entrepreneur who has started life in a new country and who has proved that anything is possible if you have a purpose.
Getrude will share information about :-
- The Bali Transformational Adventures with the John Fawcett Foundation in Bali, Indonesia
- Her work with the Africa Alive Education Foundation
- How to write a book in 40 Hours writers retreats in Bali, Indonesia
- The Kilimanjaro Climb in December 2013
Learn how to be sustained from the inside out and find the courage it takes to hear the call, step into your purpose and follow through to success.
- Ground your purpose and make it real.
- Remember who you truly are.
- The power of listening to The Call.
- Be reminded there is more than enough.
- How do you find your life purpose? How do you find it for yourself?
- Certainty, how do you connect to it? Bringing the head and heart together.
- Where does faith come from?
When & Where
Vivacious Living Centre
9 Riseley Street
Friday, 4 October 2013 at 7:00 pm - Saturday, 5 October 2013 at 9:30 pm (AEST)
Add to my calendar
Raouda Sakour - for all enquiries email: firstname.lastname@example.com
Raouda Sakour - for all enquiries email: firstname.lastname@example.com