text:
How you doing Mike. I've been a little preoccupied with work. I try to pop in once in awhile.
I kind of wonder what would happen if they did a little seperation. Kind of like the Church and state....Bank and state and see which fails first.December 17, 2009 at 10:32 a.m.
Hello JR74,longtime
You could be on to something.December 16, 2009 at 11:45 a.m.
Mike said..
"The Federal Reserve System is a hybrid agency; part government agency and part of the banking system."
There is your problem right there. Neither one of those to systems can opperate well. Just sayin.... :)December 16, 2009 at 9:18 a.m.
The Fed is currently subject to an audit:
"The Federal Reserve's ultimate accountability is to Congress, which at any time can amend the Federal Reserve Act. Legislation requires that the Fed report annually on its activities to the Speaker of the House of Representatives, and twice annually on its plans for monetary policy to the banking committees of Congress. Fed officials also testify before Congress when requested.
To ensure financial accountability, the financial statements of the Federal Reserve Banks and the Board of Governors are audited annually by an independent outside auditor. In addition, the Government Accountability Office, as well as the Board's Office of Inspector General, can audit Federal Reserve activities."
The Fed has made some mistakes, but it now has become the whipping boy after being called in to clean up another mess caused by Congress. And after doing this Congress wants more control of the Fed - put the inmates in charge of the asylum?December 12, 2009 at 6:05 p.m.
Thanks for the reply Mike.
Hopefully the balloon can be deflated slowly this time.
As far as a complete congressional audit of the Federal Reserve goes,I am not sure.
Much like my comments about complete congressional oversight and review of the CIA that was called for last year. I do not think it would be in Americas best interest to have 535 or so congress people privy to all information.
The Fed is a little different than the CIA, but no one can say to me that if that many congressmen, plus their aids and office staff, know the exact workings of either agency, that leaks will not occur, that possibly could be detrimental to the US.December 12, 2009 at 4:47 p.m.
Absolutely, but you forgot one variable …10% unemployment.
Ben Bernanke said he would make adjustments on the interest rates to avoid high inflation, but right now there are no indications of that.
In the case of Alan Greenspan, as long as the economy was going strong, no one wanted to be responsible for bringing it all to a halt until it was too late.
I see your point because Wall Street has not yet been regulated but they now are operating on 10%-12% leverage instead of 30%... This may hold back the bubble for a little while until we get some kind of financial reform in place.December 12, 2009 at 4:28 p.m.
One question Mike, in previous posts on this blog you have posted...
"I heard Alan Greenspan's mea culpa to congress when he told congress he kept interest rates artificially low, knowing that would help the housing bubble."
"I heard the Fed Chairman say the interest rates will not be raised for the next few years."
"This what Bernanke said last Friday.
The Fed has said it expects to keep interest rates near zero for an "extended period," in part because high unemployment has idled so many workers. That, together with unused factories and empty building, means that inflation is not a short-term worry."
So would not keeping interest rates artificially low, at near zero, also create a similar scenario, down the road, as did Alan Greenspan's policy of keeping the interest rate artificially low and result in another bursting bubble?December 12, 2009 at 4:04 p.m.
Mike...although you still put him in that category of I've got mine which I will still have to disagree on with you... I thank you for respecting him.
I however I still do think and always will think he a wonderful person with many, many revolutionary ideas to make this country a better place.
As for some of his past votes on important isssues in America, I am sure he had a very reasonable explanation for those votes.... and I can guarantee you it didn't have to do with selfish ways as so many of our senators as well as congressmen/women are - (I've got mine attitude!)
Ron Paul has such great views on so many different things and his views and beliefs about the FED are spot on. The FED is treating us all like their puppets and it has to stop. They saw a window open and took that chance and have been on the run with us for far to long now.
We have to come together as Americans...we need to MAKE them stop.December 12, 2009 at 3:29 p.m.
I am not disagreeing with your post, I heard Alan Greenspan's mea culpa to congress when he told congress he kept interest rates artificially low, knowing that would help the housing bubble. Now He admitted he did not understand the derivative market but he did not want to be the one to stick a pin in the balloon.
Nothing I have read about Ben Bernanke has led me to believe that he is a dishonest person that can be manipulated. That's all I am saying...I may be wrong.
You're right Zorro. since the Fed operates under a cloak of darkness, much like the CIA, who really knows besides the board of governors and those that need to know. I think most people want to keep it that way.December 12, 2009 at 2:21 p.m.
This comment was removed by the user.December 12, 2009 at 2:18 p.m.
The entire topic about the Fed and what it has done in the past and might do in the future is too complicated for the ordinary citizen to get his head around. What the Fed does is then re-told by talk radio people with a spin and that is what they believe. It is sad that everything has become agenda driven.December 12, 2009 at 1:51 p.m.
Mike there are numerous papers that speculate about election year Fed policy. I read one paper that flat out said the monetary base has been expanded in every presidential election in the past 30 years. Unfortunately I can't find that paper.
I did find this:
It would not surprise me at all if in fact there was an election year cycle to Fed policy.December 12, 2009 at 1:40 p.m.
No one has said that the Fed's actions are above reproach and they did go through 32 congressional hearings in 2009. They were also audited by the GAO... Congress and the GAO did not find anything criminal to prosecute.
313 sponsors in the House Committee will more than likely be the first step to send this legislation over to the Senate for an up-and-down vote. The Fed was not expected to be a shrinking violet, it is territorial much like all government agencies.December 12, 2009 at 1:05 p.m.
I read the article you linked but it was basically about the stock market fluctuation during year one of a presidential election,middle,and so forth.
I can understand the correlation but does the Fed set its monetary policy on the rise and fall of the stock market or vice versa?some could see it as manipulation if that were true.December 12, 2009 at 12:53 p.m.
If all of the actions of the Fed are above reproach, then they have nothing to fear from an audit. That they appear to have pulled out all the stops to head off such an audit tells most thinking people all they need to know.
In the words of the late Dr. Adrian Rogers: "You cannot legislate the poor into freedom by legislating the rich out of freedom. What one person receives without working for, another person must work for without receiving. The government cannot give to anybody anything the government does not first take from somebody else. When half the people get the idea that they do not have to work because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that my dear friend is about the end of any nation. You cannot multiply the wealth by dividing it."December 12, 2009 at 12:44 p.m.
Is it a sugar high I got from eating three donuts this morning or are we on the same page of this issue?
I wouldn't use the word beholding to a president but it is an evident that Alan Greenspan and others were persuaded by their current president but I think that Ben Bernanke would resign before he would implement policy that did not meet his conservative philosophy. Paul Volcker showed that independence.
I don't know what the impact of Senator Dodd's bill to overturn the Fed's banking regulatory powers will be. Congress may not be totally incompetent but they certainly do not have enough qualified lawmakers to understand what it takes to regulate the banks. You will certainly disagree with this statement but Barney Frank is known by his peers as being one of the brainiest legislators; yet he does not completely understand the derivative market and all the loopholes.
BTW I have been questioned on my use of the word federal agency to describe the Fed…Besides being an instrument of congress, a quick peek at their website one will find these words on the first page.
The Federal Reserve is the central bank of the United States. Its unique structure includesDecember 12, 2009 at 12:34 p.m.
• a federal government agency, the Board of Governors, in Washington, D.C., and
• 12 regional Reserve Banks.
Mike you asked about the political influences on the Fed during Presidential elections. There is a well known theory about the "economic election cycle."
It should be apparent that the biggest issue in every election is the economy. The Fed chairman is appointed by the president so he is beholding to him for re-appointment. Congress gets in involved by making legislation that effects Fed operation - Humphrey / Hawkins for example.
The Fed is subjected to a enormous political pressure. So it should not be a surprise to anyone why we and the economy get whip sawed around all the time. So we should be very wary when Congress trys to gain more control of the Fed. Congress is incompetent and it would be a complete disaster if that happened.December 12, 2009 at noon
exresident said
"It's quite clear that you're an expert on monetary policy and the federal reserve bank. Perhaps, if you get a chance, you could help us understand where money comes from."
I have never insinuated that I was an expert on any subject but writing from a left of center perspective in this city, one tends to become an expert on sarcasm.
The blog was meant to be about the legislation Ron Paul introduced.. I wrote about the problems that might incur if the lawmakers went too far and a little background on the person that introduced the bill. I also posted a little history of the Fed, the pros and cons of the agency, and some of their most recent actions it took.
Who is this collective "us?"..Are you representing a group or do you think you are the voice of the majority?
I have said more than once, get ten economists in one room, you will likely get ten different answers.December 12, 2009 at 11:27 a.m.
Don't include me in that Ron Paul haters club…. I said that Ron Paul appeals to the libertarian "I've got my mine" mindset.. I also said he was a nice man of principles but in the past I have said that a politician with a set of principles is one that is in a safe seat.
I don't know what it is that makes everyone afraid of Ron Paul but he lost election at the ballot box. …That is an indisputable…Ron Paul ran against a weak field of GOP candidates; not so for President Obama…. The little-known senator had to overcome many more obstacles than what Ron Paul could ever imagine and he made use of the internet to get record number of donations from the grassroots.
Capitalism was never mentioned but if it was, I don't think anyone would say it was evil..I don't adhere to the laissez –faire economic philosophy that the free market will always correct itself, if left alone. That philosophy does not account for greed.
I had never voted for Ron Paul but I do watch his interviews, will read his book, and I will never attack him personally and he has never given me a reason to think that he is not a nice principled man.December 12, 2009 at 11:05 a.m.
I wish you would be easy on the bandwidth because I have read your boilerplate message numerous times…Being concise is not a bad thing.
I was correct in saying that the Federal Reserve is a federal agency because the word "agency" "can mean an "official delegate our agent."
I did not say anything about Ron Paul that wasn't true… This is the same man that voted "no"(only one) to give Rosa Parks a $30,000 Congressional Gold Medal.. This same man voted against FEMA aid for the victims of Rita in his congressional district (Galveston) but he knew his colleagues would cover his back and vote for the appropriation. He did keep his 100% no tax pledge, but he was there for the photo op when the aid reached Galveston. As I said, he is a nice man but he is a politician. About five minutes of Google research can verify this information,
I've heard all the pie-in-the-sky rhetoric such as a culture of dependency and the evils of government but the libertarian mindset boils down to a disdain for government, taxes (sales, property, and income) and a "I've got mine" philosophy. (IMO)… The libertarians don't get involved in the social issues such as gay marriage or abortion but they are adamant about taxes and the general welfare clause of the Constitution. They hold this view at the local state and federal level. The taxes they want to save are their own; nothing else. It's pretty easy to win an election by saying "I will cut your taxes" but those people will ignore the infrastructure and other necessary expenditures in hopes of getting reelected. After four years the electorate finally catches on, boots them out ,and the incoming administration will have to raise taxes to fix what the previous administration failed to do. California's proposition 13 is a good example of that. The wannabes cut property taxes and made it darn near impossible to raise taxes without a amending their state constitution.
No one likes taxes, big government, or needless regulations but we have a process such as the ballot box; to resolve our differences. Citizens of the United States are all capitalist and socialist… I hope the corporations that I am invested in, will prosper but I am also a recipient of Social Security and in August I will be receiving Medicare. Every industrial nation in the world has a component of socialism. I do think it is right for a prosperous nation to take care of those that are less fortunate. I will take it a step further and say that I think it is a moral obligation but that is just my opinion.December 12, 2009 at 10:38 a.m.
I know you don't agree with my blogs but all of your responses have been civil. I do appreciate that.
That was a crust of my message, transparency is a good thing, take the Fed chairman behind closed doors, allow a few trusted legislators to grill him on some of his actions that may not have not been kosher… They don't have to approve of his nomination but if they go all "Tea Party "and call for the abolishment of the Federal Reserve System, the president will veto the legislation. If the lawmakers call for a congressional vote for every monetary decision by the Fed or require the Fed to turn over foreign financial information; the president will veto the legislation…. The votes are not there for an override.
We will not go back on the gold standard, nor will we abolish the Fed… That is an indisputable fact, so as President Clinton said "let's mend it, not end it."December 12, 2009 at 9:33 a.m.
(Cont'd from previoues post)
Over the course of history, societies have most often chosen gold and silver as money, although all kinds of commodities have served as monies.
Government tends to oppose monetary systems based on precious metals (commodity standard) because they IMPOSE RESTRAINT on ambitious politicians. Government can be stymied in its money creation by people's redemption claims of paper into precious metal under a commodity standard. Not surprisingly, government prefers a system in which the paper money CANNOT be redeemed into anything. Then it can increase the supply of money without restraint.
Unable to print money it wants, government under a commodity standard must resort to borrowing or taxation, both of which are more obvious and meet a sterner resistance than the silent means of inflation.December 12, 2009 at 8:45 a.m.
Where does money come from? This is a great question as it is imperative to understand this to understand the destructive nature of historical centralized banking systems and our current centralized system headed by the Federal Reserve.
It DOES NOT originate with government! Money originally came about because people grew dissatisfied with barter, the primitive system in which goods are exchanged DIRECTLY for one another. A money economy, unlike barter, is one in which goods are exchanged INDIRECTLY for each other. People who are dissatisfied with the clumsy barter system perceive that if they can acquire a more widely desired (more marketable) good than the one they currently possess, they are more likely to find someone willing to exchange with them. That more widely desired good can be anything from berries to shells to gold (all of which have been used at some time in history). The more that a good begins to be used as a common medium of exchange, the more people who have no particular desire for it in and of itself will be eager to acquire it anyway, because they know other people will accept it in exchange for goods. Even if you have no direct use for a precious metal, you will still want to acquire it because you know you can make exchanges with it. In that way, gold and silver (or whatever else the money happens to be) evolves into a full-fledged media of exchange, or money!
Money, therefore, comes about spontaneously as a useful commodity on the market. It is NOT arbitrarily introduced by GOVERNMENT decree!
Money has to originate on the market in this way, since ONLY then would people know what its value was. In the process of becoming a money, it would acquire an array of prices of other goods in terms of itself. Only with this pre-existing array of barter prices could people use the money. If it were just forced on the people out of nowhere, the public would have no way of assessing its value, and it would be useless to them. A paper money, therefore cannot ORIGINATE from a simple government decree. It HAS to have a link to a money that society had spontaneously adopted in the past, however distant that may be.
(Cont'd)December 12, 2009 at 8:43 a.m.
MikeDecember 12, 2009 at 8:19 a.m.
I don't normally agree with much of your blogs, however you are right on this issue of a bill that audits and makes transparent moneytary policy decisions by the Fed. This portion of legislation would turn markets upside down world wide. Other parts of the Fed are audited now and our ancestors were wise to make the Fed independent of politicians with regard to monetary decisions.
I agree with you BSspotter... Especially on the perception that capitalism is evil...it is 100% fascism...and it is absolutely the highest of all evils in this world! Capitalism will always be and I am fine with that...to an extent! But, what the GOVT is doing to us little people is wrong and unjust and it has to stop...and to even speak of Ron Paul in such a way as this article does as well as some posters have is just wrong and unfair. What a shame it is to be so prejudice and ignorant towards a man of such honor and revolutionary ideas to make this country a better place for ALL..not just SOME!December 11, 2009 at 10:05 p.m.
jhnsn283, it's more like "I'll Keep Mine" versus "I'll Take Yours".
What Mike & others fail to understand (willingly or not) is that Big Govt programs only pour sugar in the gas tanks of the productive engines of society. Big Govt undermines natural economic forces and compromises everyone's right to self-determination.
Big Govt & Big Business are tangled in an unholy alliance which unfairly generates the perception that capitalism is evil. No, fascism is evil; capitalism operates in spite of Big Govt.
Philosophically speaking, there can be no contradictions. If you detect a contradiction, you must check your premises. In this case, on one hand, we have the maximum benefits of natural law, ethical self-interest & bottom-up govt. On the other, we have the abomination of forceful, lopsided mega-dependence (not interdependence). One of those things weighs your ability & achievement on the cosmic scales of justice and allows you hard-earned prosperity. The other is false & unsustainable. Take your pick.December 11, 2009 at 9:42 p.m.
Some of you Ron Paul haters really need to reassess your views. To say he is an "Iv'e got Mine" type of person is so far from the truth. How sad of you to speak of a man such as him in that way.
The reason Ron Paul didn't make it as far as the other losers than he was running agaisnt is because everyone was afraid of him and all his abundant knowledge on how to actually have this country be ran in a Legal and Just manor. They shunned him away and made him "SEEM" unimportant by not giving him the same amount of television time and interviews and didn't want him at presidential candidate parties. Bottom line THEY FEARED HIM and the possibility of what he could do to them all if he became the next president.
He is entirely all about the little people unlike any other recent candidates than ran for this past presidency or the NOW current president for that matter!
Ron is a very gracious and kind person. And he holds his values and moral beliefs very high. I know, I have met him in person on several occasions. He has nothing but the highest hopes for all Americans to be able to live a life free of rich, political losers(the real "I've got mine" scumbags) such as the ones in congress,most senators, and above all else the FED!December 11, 2009 at 9:04 p.m.
I meant to comment before bsspotter,but he beat me to it.I didn't mean to repeat him from his first comment.December 11, 2009 at 8:47 p.m.
The Federal Reserve banks are privately owned,and are as much federal as FedEx. here is a link. http://www.globalresearch.ca/index.ph...December 11, 2009 at 7:56 p.m.
(cont'd from previous post)
Mike: "He appeals to the "I've got mine", libertarian mindset but hardly anyone else."
This is a skewed mischaracterization of libertarianism as a heartless philosophy. Libertarianism advocates volunteerism and deplores theft & force. Libertarians understand that ethical self-interest is what drives progress, but when the government impedes/destroys naturally-occurring incentives to achieve (invent, produce, create wealth & jobs) and rewards inactivity & entitlement, the means of self-sufficiency degrade for all as fewer jobs are created due to the barriers of entry and penalties for existence. As humans (I promise WE are), libertarians do perform voluntary acts of kindness but oppose top-down, bureaucratic wealth distribution schemes because they understand that you can't legislate compassion, and the theft of productive ends for the benefit of unproductive means is immoral & destructive. Compassion is being conditioned out of us by our short- & narrow-sighted welfare system.
Mike: "That is why he only got 42 delegates in the recent 2008 presidential election, and he came in 5th in the libertarian strong hold, "Live Free or Die" state of New Hampshire."
Really, is that why? So, the Republican voting base likes handing out entitlement checks. They'd probably disagree, that is, unless they knowingly supported John McCain. I contend they had no idea what they stood for and supported who they were told.
Mike: "There's no denying that the Fed was complacent in the recent economic crises…"
I think you mean "complicit". The seeds of this crisis were germinated by the Fed's easy credit.
Mike: "When I get through reading "Too Big to Fail"(sometime before 2012) I will have to read "Secrets of the Temple" by William Grieder and "End the Fed" by Ron Paul."
I hope "End the Fed" will exorcise the demon spirit of John Maynard Keynes from your consciousness. By the way, you wouldn't be reading that book if it weren't for the "greedy" self-interests of the author, publisher, logging company, chainsaw operator, glue & ink maker, shipping company, truck driver, etc. that made that book possible.December 11, 2009 at 7:48 p.m.
The Federal Reserve System is NOT a federal agency. It is a cartel of private banks with a federal charter. It enjoys both the freedom & secrecy of a private institution while holding the absolute, unchecked power to inflate (debase) the money supply on behalf (not benefit) of the public. Congress wrongfully abdicated its Constitutional obligation with said charter. Most advocates of Fed secrecy are the beneficiaries of the gravy train of easy credit which props up our beloved Welfare-Warfare State and floats our non-productive consumer-based economy. The Fed's easy credit system has been the key enabler of dishonest/irresponsible business practices and ROOT CAUSE of our economic meltdown.
Mike: "The Fed will not reveal how it conducts its monetary policy or its dealings with foreign central banks."
The Fed's foreign affairs are just as important as the domestic. We have exported trillions in dollar inflation, and there is a growing sentiment that foreign countries should unload their devalued (by design) dollar reserves in favor of the euro. These dollars will come home to roost, and we'll see price increases as never seen before – the likes of which high interest rates can't suppress. (China holds $2-3T in reserves.) I can't understand the defense of secretive dealings with foreign governments & banks.
Mike: "Congressman Paul is a good principled man but his views have not changed since 1971."
Neither has the problem. I respect his steadfast adherence to a set of proven (but ignored) principles versus the growing power & force of the arbitrary, whimsical Rule of Man and justifications based solely on political expedience.
Mike: "The congressman's views on paper money, hatred of the Fed, wars, the IRS and other Federal government agencies are well known."
You use the term "hatred" as if he's merely driven by a simple, unjustified emotion. His reasons are concise, rational and sufficient.
Mike: "If you were left up to him the government would quit printing entitlement checks."
He has said repeatedly that the entrenched entitlement system would not cease overnight. He had a transition plan, but most ignored it due to its ultimate goal of a sound currency.
(cont'd)December 11, 2009 at 7:48 p.m.
Mike,December 11, 2009 at 6:07 p.m.
Typically, I disagree with you but you are right about Ron Paul. To me, he is just a wasted vote as far as being relevant. As far as the Fed, the money was not used as intended, the banks did not send it forward. I can not say that I blame the banks but the intended purpose was not achieved. I wish someone would come up with some solution but the fact of the matter is that neither the Republicans nor the Democrats will come up with something. They are there to serve all the PACs that are financing their next reelection and forget that they are there to represent the people.
AP Economics Writer
Posted that statement in his article, not me, formed from his sources, which no one knows but him.
If indeed the Fed Chairman say the interest rates will not be raised for the next few years, doesn't that sound a lot like Japans lost decade policy, or Alan Greenspan's policy during his term of office?
A increase in the supply of currency in the market always results in inflation, by holding interest rates lower than they normally would be, will not that create another financial bubble just waiting to burst?December 11, 2009 at 6:03 p.m.
This what Bernanke said last Friday.
"The Fed has said it expects to keep interest rates near zero for an "extended period," in part because high unemployment has idled so many workers. That, together with unused factories and empty building, means that inflation is not a short-term worry.
http://online.wsj.com/article/SB12598...December 11, 2009 at 5:54 p.m.
You posted "Economists worry the flood of red ink could push interest rates higher and raise the cost of borrowing for consumers and businesses, a potential drag on the fragile economic recovery.
I heard the Fed Chairman say the interest rates will not be raised for the next few years..As of now ,he is not predicting inflation but he looks at the data and I don't have privy to that information.December 11, 2009 at 5:43 p.m.
Paul Volker was instrumental in bringing down the inflationary spiral we were in and returned credibility in US monetary policy.by not yielding to partisan politics.
I think you present an apples and oranges example.We cannot quit spending until the job figures come down...We lost over 8 million jobs since the recession and we need about 20 million over the next 5 years...We will raise the debt ceiling $1.8 trillion to about $14 trillion of debt. When the job figures start to come down then the administration will start fiscal restraint.December 11, 2009 at 5:38 p.m.
Well since you opened the door by posting"Paul Volker raised the interest rate extremely high to get us out of the Carter fiasco.", I will comment just a little.
Federal budget deficit for November hits $120.3B
By MARTIN CRUTSINGER
AP Economics Writer
WASHINGTON (AP) -- The federal deficit for the first two months of the new budget year is piling up faster than last year's record imbalance.
Economists worry the flood of red ink could push interest rates higher and raise the cost of borrowing for consumers and businesses, a potential drag on the fragile economic recovery.
That's less than analysts had expected and down from a $176.4 billion imbalance in October.
Spending to shore up the financial system was much lower over the past two months compared with a year ago, but the administration still projects that for the entire year, total government outlays will be 3 percent higher.
A flood of red ink might cause interest rates to rise, just like in the Carter administration.December 11, 2009 at 5:16 p.m.
I am in a favorable mood today;so you have a good day because I really don't have any answers for your post... It really doesn't make a lot of sense to me...Perhaps that's my fault.
My blog was not about the economy,TARP, gold,T-bills,or a $500,000 loan.December 11, 2009 at 4:56 p.m.
The Fed may have pumped a trillion into the credit market, but it's not being used. Why do you think some of these banks are able to repay some of the TARP money?
Why do you think Gold is hot right now? T-Bills are hot.
If you or I were doing what the Fed is doing, we would be in jail…
I think you're comments are out of touch with what is going on in the financial system.
Go out and try to borrow $500,000 to open or expand a business, if you can get it will take a while…December 11, 2009 at 4:44 p.m.
I think I know what you meant now by 535 members questioning every move…
1. Right now their opinions don't really matter without the official documents they seek to get.
2. Foreign nations would not be forthcoming with information, if they knew everyone would have access to that information.
The Fed, the executive and legislative branch, and the private sector all have a history of financial mayhem.
So the Fed intentionally expanded the money supply before the 2008 presidential election? Can you supply a reliable source or link?
Today, the retail sales went up and I saw some other tidbits indicating that this economy is starting to slowly recover but I sent my crystal ball out for repairs… The Fed chairman and other leading economist do not see inflation on the horizon.December 11, 2009 at 3:57 p.m.
No,as I stated Fed will not reveal how it conducts its monetary policy or its dealings with foreign central banks.Congress does not have access to this information.
I meant that Alan Greenspan kept the interest rates artificially low during the Bush years..He admitted it to congress.
You call for a lot of speculation that I don't have ready answers for but we will not get rid of the Fed,so the best option will be to make it more accountable without hindering its effectiveness.
Paul Volker raised the interest rate extremely high to get us out of the Carter fiasco.December 11, 2009 at 3:29 p.m.
Mike you said, "Think about it, do we really want all the 535 members of Congress questioning every move the Fed makes?" Don't they do that now?
And then you say, "Because the agency is always pushed to a business friendly low interest rates but then it loses its vigilance on price stability." The primary goal of the Fed is low unemployment as mandated by Congress. They are not suppose to meddle in Fed business, yeah right!
The Fed was started to end the financial/banking panics that plagued the country prior to 1913. Look back to that time and tell me how well you think the Fed has done. Between the Fed, Congress and the Executive Branch it has been a history of financial mayhem.
It is no secret that the Fed intentionally expands the money supply before every presidential election. I agree that the Fed in this current crisis did prevent a bigger collapse, a crisis that they helped to bring on.
Now the Fed is back in uncharted territory with a huge expansion in the money supply. It will certainly cause severe inflation once the excess industrial capacity is used up. Then what? Just look at what the economy did during the Carter Administration for a clue.December 11, 2009 at 3:14 p.m.


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The Commonwealth of Virginia takes reckless driving very seriously as a criminal charge and they have the ability to hand out pretty steep penalties even with a first time conviction. The maximum sentence for a first reckless driving conviction is a year in jail and/or up to $2,500 in fines. You may also incur six demerit points for a reckless driving conviction that could severely affect your driving privileges in the future. If you incur 12 points in a single calendar year, you will have to attend a driver improvement course. Accrual of 18 demerit points in a year will result in a suspension of your license for at least 90 days.
A reckless driving conviction will remain on your record for 11 years, meaning that it may be more difficult to gain employment or car insurance in the future. It is also possible that you could see your insurance premiums rise as a result of the conviction, and that means that the financial implications of a reckless driving conviction could follow you around years after your arrest. If you have been charged with a reckless driving violation, it is important that you contact an attorney who can begin organizing a defense strategy on your behalf.
Reckless Driving Laws
Because other states don't have quite as strict laws, it is understandable that you might not have a great understanding of what qualifies as reckless. Because the line between a normal traffic ticket and a criminal offense is so fine, it is important to have a solid grasp on these laws to make sure you don't violate them and put yourself at risk.
If you have received what you thought at the time was a normal traffic ticket, but it is in fact a criminal violation, you may be confused about what you did to account for this more serious charge. If you schedule a free consultation with one of our attorneys, they will be able to answer any questions you might have about the law you were accused of violating, and they can also put you in a better position to abide the law in the future. If you elect to retain their services, they will fight tirelessly on your behalf until the resolution of your case. If you rely on your vehicle to get to work, or even if you don't, having your driving privileges revoked can be a major inconvenience. Hire a traffic attorney who will treat your case with the care and attention it deserves .
Call Us for a Free Consultation
If you have been charged with reckless driving in Northern Virginia, including Alexandria, Arlington, Fairfax, Prince William, Loudoun, and Stafford, contact an attorney for a free evaluation of your case. Call (703) 957-7575 or (888) 415-8090 to get started.
Culpeper County
Fairfax County
If you have been charged with a traffic violation in Fairfax, Reston, or elsewhere in Fairfax County, you may think you have no choice but to plead guilty. However, serious traffic offenses in Virginia can hold severe penalties that can impact your future. Before you plead, contact a Fairfax reckless driving lawyer for a free consultation.
Prince William County
With Virginia traffic laws among the toughest in the nation, Prince William County reckless driving charges are actually fairly common. Traffic offenses including speeding, drag racing, failing to signal, and driving in a manner that endangers others can all lead to reckless driving charges. A Prince William County Reckless Driving Attorney has the specific expertise to evaluate and defend your case.
Reckless driving in Alexandria, Virginia is a criminal offense that can carry penalties including loss of license, fines, or even jail time for those convicted. Because of the rigid traffic laws, Virginia reckless driving charges are fairly common. From driving with faulty brakes or failure to yield to speeding excessively and drag racing, there are a number of traffic offenses that result in reckless driving charges in Virginia. If you have been charged with reckless driving in Alexandria, an Alexandria Reckless Driving Lawyer can help protect your driving privileges and your rights.
From minor traffic tickets to serious criminal traffic offenses, most Arlington traffic cases are heard in the Arlington General District Court, located at 1425 North Courthouse Road, Suite 2400 in Arlington, Virginia. Due to the consequences of having a traffic conviction or a reckless driving conviction against you, contacting an Arlington reckless driving attorney is the best first step in assessing how to go about dealing with the charge.
Our Manassas reckless driving lawyers are experienced in representing clients. We make it our job to represent you in the most effective, efficient manner possible. It is our goal to make this process as stress free as possible. For a free consultation with an attorney at our firm, call (888) 415-8090.
Fauquier reckless driving is a criminal charge and a Class 1 Misdemeanor in Virginia. The state's strict traffic laws, place you in danger of losing your driver's license for up to six months, paying a fine up to $2,500, and spending up to twelve months in jail. These penalties may frighten you, but you do not have to face them alone.
Spotsylvania County
Our Spotsylvania County reckless driving lawyers are dedicated to protecting the rights and privileges of those accused of serious traffic violations. Perhaps you think you were charged unfairly, or perhaps your case seems open-and-shut. Either way, our legal team will be able to go through all the facts of your case to construct the best possible strategy for your defense.
Loudoun County
With an office in Leesburg, Thomas Soldan and the rest of our Loudoun County reckless driving lawyers are perfectly positioned to meet with you to help you fight criminal traffic charges. Call or schedule an in-person visit today and let us put our expertise in this area of the law to work for you.
And More. . .
Our attorneys handle reckless driving cases across the Commonwealth of Virginia, so if you need representation in New Kent, Hanover, Chesterfield, Henrico, Caroline, Richmond, Fredericksburg, Falls Church, Mecklenburg, Lunenburg, Nottoway, Brunswick, Stafford or anywhere else in Virginia, please contact us for more information about how we may be able to help you.

subset: commoncrawl


text:
Design assistant for smart camera line
Matrox Design Assistant 3.0 is designed for the Matrox Iris GT smart camera line, which allows user to design their application's flowchart and HMI.
Matrox Imaging announced Matrox Design Assistant 3.0, a flowchart-based integrated development environment (IDE) for the Matrox Iris GT smart camera line.
The Iris GT smart camera and Design Assistant software bundle has always offered full-featured hardware, an intuitive flowchart-based development environment, and field-proven vision tools. With Design Assistant 3.0, it's become even faster and easier for users to design their application's flowchart and HMI.
Design Assistant 3.0 smart camera software simplifies and accelerates HMI design with more ready-made operator view layouts. The new analysis status step consolidates decision making and simplifies flowchart design, while filmstrip views ensure that previously analyzed images are close at hand. Release 3.0 also permits monitoring and controlling multiple smart cameras via a multi-camera HMI application and provides support for Profinet communication, which allows for direct interfacing to Siemens automation devices. This latest version of Design Assistant includes other enhancements that improve productivity and the appearance of the operator interface.
Matrox Imaging
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Participate in the 2013 Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering's annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.


text:
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to:rafeb In a message dated 00-01-16 13:49:44 EST, youposted <<Very inconsistent results on this set of refilled carts. (Archiva, 1:9, Epson 1160.) After an overnight wait, I got a clear nozzle-check. Ran two 8x10" prints on Epson photo paper, both are pretty poor. It seems that one or more of the inks are sort of varying in intensity along the length of the print. >> +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++ First off the cleaning cycles are not all that great for getting the air out of your prinheads! Please look for my posts about the 2 biggest problem all sponge printers have! You need to start printing color block and radom text this works way better than the clean cycles. And you will save a lot of ink Each clean cycle will drink from 1/2 to up to 3/4 of a CC of ink so you can drink a lot of ink real fast! You need to get to the point where you can weigh the refill you are kidding yourself by measureing the volume this does not work at least for me. Soooooo use the color blocks like 2 pages at a time then run a nozzle check if it is air then you will see the gap and skip go way! Radom text also help to tease out the air TomCat - Please turn off HTML mail features. Keep quoted material short. Use accurate subject lines. http://www.leben.com/lists for instructions.


text:
mas1010Square Feet: 884 Bedrooms: 2
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mas1007Square Feet: 936 Bedrooms: 3
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mas1020Square Feet: 936 Bedrooms: 3
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JS96-308Square Feet: 983 Bedrooms: 3
Full Bathrooms: 2Lower Floor in sq.ft-590 Living & Dining ceilings vault to 11'-2" Learn More
JS95-114Square Feet: 1018 Bedrooms: 3
Full Bathrooms: 2Allow additional 2-3 business days to ship alternate foundation. Basement option adds 96 square feet with stairs in Dining Room. Living Dining & Kitchen ceilings vault to 10'-9" Learn More
mas1009Square Feet: 1030 Bedrooms: 3
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mas1019Square Feet: 1064 Bedrooms: 3
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mas1021Square Feet: 1064 Bedrooms: 3
Full Bathrooms: 1
RDI1080R1-BSquare Feet: 1080 Bedrooms: 2
Full Bathrooms: 2
JS100-105Square Feet: 1084 Bedrooms: 2
Full Bathrooms: 2Allow additional 2-3 business days to ship alternate foundation. Learn More
AHP2502Square Feet: 1089 Bedrooms: 3
Full Bathrooms: 1Whether it's fishing with the family or hiking with friends this versatile vacation home delivers fun. The combined dining and living room area with its dramatic vaulted ceiling and enormous windows makes a great gathering place rain or shine. Head out the dual sliding doors to the roomy wraparound deck then come back in to enjoy a roaring fire by the welcoming fireplace. Whip up some warm drinks in the kitchen which is just steps away and is fully equipped for gourmet meals or quick and tasty snacks. With plenty of counter space including a handy snack bar serving is a snap. At evening's end retire to one of three roomy bedrooms each with a high vaulted ceiling. A full bath and a laundry room are conveniently located near the bedrooms so cleanup is quick and easy and you can focus on getting outside and having fun. An expansive future area in the daylight basement waits to be made into a fabulous game room or media room. Learn More
RDI1096R1-BSquare Feet: 1096 Bedrooms: 2
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ghd 1077Square Feet: 1110 Bedrooms: 1
Full Bathrooms: 1*Butt & Pass Log Home *Living area *Sleeping area *Storage Loft *2-Car Garage Learn More
JS87-404Square Feet: 1112 Bedrooms: 3
Full Bathrooms: 2Lower Floor in sq.ft- 350 Basement in sq.ft- 507 Learn More
AHP9501Square Feet: 1114 Bedrooms: 3
Full Bathrooms: 2The cathedral ceiling and a warm fireplace grace the Great Room of this rustic chalet. Two sets of sliding glass doors lead to the wide wraparound deck. The kitchen features a six-person snack bar and is steps away from the stacked laundry facilities. A full bath is shared by the two main-floor bedrooms. The master bedroom also contains a cathedral ceiling a private bath and roomy closets. Learn More


text:
If you were waiting for the government shutdown to end before heading to the Blue Ridge Parkway to see North Carolinas annual fall color show, dont worry.
The leaves were waiting, too, and theyre reaching peak colors now at higher elevations.
Tourist officials in the high country say confusion about what was open or closed during the shutdown kept some tourists from heading to the mountains. But they say the leaf-changing process is behind schedule this year.
The colors are really good right now, says Amanda Lugenbell, assistant director of the Blowing Rock Visitors Center.
The colors are flabbergasting, adds Sheri Moretz, community relations manager for the Mast General Store chain, which is based near Boone. And thats coming from someone who lives here.
The government shutdown that closed most federal facilities also hit campgrounds, picnic areas and visitors centers along the Blue Ridge Parkway. Privately owned stores and state parks remained open, but officials say potential tourists were confused.
However, the leaves are also taking their time changing colors. Experts disagree on the reason, with Appalachian State Universitys Howie Neufeld attributing the late change to recent warm weather. Others cited the lack of rainfall since August.
Either way, the color show is on now.
The coming weekend should be our peak leaf color times here in the Boone/Blowing Rock and Grandfather Mountain areas, Neufeld says.
At lower elevations, such as Asheville and Chimney Rock, leaf colors will be vivid this weekend, but the peak is about a week away. Thats about seven to 10 days behind schedule, experts say. And it will be November before peak colors are seen in the Piedmont.
Lugenbell says the Blowing Rock area is pretty much booked up this weekend. The annual Woolly Worm Festival is scheduled in nearby Banner Elk, and the Valle Country Fair is on tap in Valle Crucis.
She agrees that there was confusion during the government shutdown.
We had a lot of questions from people who wanted to know if the gates were open on the (Blue Ridge) parkway, she says. But all that is over now.
Lugenbell says artists at the Parkway Craft Center, which was closed, are ecstatic that its open again.
Steve Moss, director of Western Carolina Universitys Hospitality and Tourism Program, estimated that every day of the shutdown cost North Carolina about $1 million in consumer spending, much of that in tourism. But that appears likely to change, starting this weekend.
This weekend will be well-visited up here, Moretz says.
Lyttle: 704-358-6107; Twitter: @slyttle


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PLATTSBURGH — Caitlin Skufca wasn't sure what to do over the summer.
Compete in the grueling Ironman Lake Placid?
Did that last year.
Just relax?
Not a chance.
Then she came up with the idea of biking across the country.
"I wanted to do something new," the Wilmington native said. "I also wanted to see the country."
She just had to figure out how to make her idea happen.
Skufca entered the 2010 Ironman with her dad, Bill, but he nixed the idea of a father-daughter cross-country ride. Not to be discouraged, she turned to the Internet.
"I wanted to do it with anyone who would go," Skufca said.
What she found was a group of people who would go and also support a cause along the way.
Skufca and 33 others are set to ride 3,778 miles in a little over two months for Bike and Build, a nonprofit organization that raises money and awareness for affordable housing. They'll leave Portsmouth, N.H., June 22 and pedal across the northern U.S., finishing in Vancouver, British Columbia, Aug. 27.
Unlike in an Ironman, there will be breaks. But Skufca expects riding day after day to be even more challenging than pushing herself for 13 consecutive hours in the triathlon.
"I think it will be tougher to be on the bike every day," the Lake Placid High School graduate said. "I know last year, I'd go out for Ironman training and sometimes I'd think, 'Ugh, I don't want to ride today,' so I'd turn around and go home.
"But from what I hear, it's all about who you're with. Everybody keeps you motivated. And you're riding for a cause, so that helps."
Bike and Build organizes rides through different parts of the country for young adults ages 18-25. Every rider must raise $4,000 to participate. Throughout the trip, they learn about affordable housing and decide which projects to award grants to.
Skufca and her fellow riders are required to spend 12 hours working on a housing project before they leave — she's volunteering for Habitat for Humanity. And they're scheduled to put the bikes away and help build houses on 10 days along the way.
Skufca is a sophomore at the College of Idaho. The skier — she's on the school's alpine team — and outdoors enthusiast doesn't have any building experience and didn't know much about the housing issue before discovering Bike and Build.
But she's excited that she found a way to satisfy her thirst for a summer adventure and make a difference at the same time.
"It will be interesting to learn more about affordable housing and become an advocate," said Skufca, who was accepted by Bike and Build in December. She said she's been raising the money she needs by talking to friends, family and anyone she can think of.
Each rider receives a new road bike and a training guide, and Skufca said she's been riding every day to prepare. The trip will start out with shorter distances and then increase to as many as 115 miles a day. Skufca is used to being active, but she's never tackled a ride this long — or anything close.
"The most I've ever done is when I was training for Ironman, and that doesn't even compare," she said.
During the trip, riders will break into smaller groups each day and go at their own pace, while a support vehicle travels the route as well. Bike and Build will provide meals and accommodations — either at community centers, churches and schools, or, sometimes, camping out.
There are eight Bike and Build rides this summer.
"I chose this route because they're places I've never been," Skufca said. "And I'm really excited about going through Glacier National Park (in Montana) and through the Cascades in Washington.
"I was also trying to avoid the heat. But I guess this is the ride that gets the most rain, and last year it snowed on them in Glacier."
The route will pass through the North Country in the second week. Skufca and her fellow riders will pedal to Silver Bay on June 27 and stay in Indian Lake on June 28.
Then they'll have 3,472 miles to go.
Email Courtney Lewis at: email@example.com


text:
Shop Talk
Retailers, consumers and prices
Check Out Line: Sales up at Burger King, profit misses view
Check Out Burger King missing Wall Street views but saying sales grew 12 percent worldwide, with sales at restaurants open at least a year up 3 percent in the United States and Canada.
Lower-cost fast-food chains have benefited in the economic downturn, while higher-priced sit-down restaurant chains like Applebee's and Chili's Grill & Bar have been hit particularly hard, as consumers slash discretionary spending to adjust to falling home prices, a credit crunch and higher food and fuel costs.
The home of the Whopper hamburger has been sprucing up aging restaurants, extending hours and adding value menu items to better compete with rivals like McDonald's, Taco Bell, Pizza Hut and KFC.
Burger King maintained its forecast of opening 350 to 400 new restaurants next year, a sign it is hopeful hungry people in a hurry will continue to order items like the 11,500-store chain's flame-broiled burgers, Big Fish sandwich and newer offerings like its Angus beef burger.
Also in the basket:
L'Oreal shares fall on sales warning (Reuters)
Puma lifts '08 sales outlook, mum on profit (Reuters)
Who shrank the economy? Food prices dent U.S. growth (Reuters)
(Added details on restaurant chains)


text:
« The Smile's Back! | Main | Who's Pumpin' Paris? »
A Summer Without a Shirtless Matthew McConaughey...
Posted on Sun Apr 22, 2007 05:42 PM PDT
...Would be like a summer without sun! Thank goodness we won't have to go without either, I think it's going to be a loong, hooot summer on the beach with our favorite trailer-park stud. Yesterday Matthew showed off his technique and his physique while riding the waves in the 'bu. After a day of fun in the sun, Matthew stripped out of his wetsuit on the side of the road -- Unfortch, he had a towel covering his naughty bits, but he's got to leave something to the imagination...I guess!
Check out the video to see what OTHER outdoor activity Matthew likes to vigorously engage in...
My, what a big surfboard you have!
The better to ride you with!
Oh, the analogies could just go on and on...
...and on!Sigh!
Who knew Matthew was such a hygiene freak?!?
EXCLUSIVE PHOTOS - Matthew McConaughey Heads To The Airport - Apr 22, 2011
Matthew McConaughey Keeps His Shirt On While Jogging In The 'Bu - Mar 29, 2011
Matthew McConaughey Is One Limber Lawyer - Mar 15, 2011
EXCLUSIVE PHOTOS - Levi And Vida McConaughey Enjoy A Play Date With Friends - Feb 15, 2011
EXCLUSIVE PHOTOS - Matthew McConaughey And Camila Alves Enjoy Family Time At The Beach With Levi And Vida - Jan 28, 2011


text:
Police make arrest in shooting outside theater
DALY CITY, Calif. (AP) - Daly City police have made an arrest in connection with the shooting of a pregnant woman and two others outside a movie theater over the weekend.
A Daly City police spokesman says 18-year-old Andrew Lovell Covarrubias was arrested after a chase on rooftops and through backyards near the 4400 block of Market St. in San Francisco around 2 p.m. Tuesday.
Police had been looking for a suspect since Friday night when a gunman started shooting after one of the victims bumped into him outside the Century Theaters.
Police say each of the victims, including an infant prematurely delivered by the pregnant woman, are expected to survive.
Covarrubias was being held on suspicion of three counts of attempted murder and weapons violations. It's not known if he had retained an attorney.
Subscribe to the Ventura County Star
Need Help? Call us at 1-877-710-6182.
Monday-Friday: 6am-3pm / Saturday: 6:30am-10:30am / Sunday: 7am-11am


text:
Beverly Johnson
|Beverly Johnson
October 13, 1952
Buffalo, New York, U.S.
|Modeling information
|5 ft 9 in (1.75 m)
|Hair color
|Dark brown
|Eye color
|Dark brown
|34-25-35[citation needed]
|Dress size
|6 (US), 36 (EU)[citation needed]
|This biographical article needs additional citations for verification. (July 2012)
Beverly Johnson (born October 13, 1952) is an American model, actress, and businesswoman. She made history when she rose to fame as the first black model to appear on the cover of American Vogue in August 1974.[1][2] A year later, she became the first black woman to appear on the cover of the French edition of Elle.[3] She was the star of the reality series Beverly's Full House on the Oprah Winfrey Network which focuses on her attempt to heal the flawed mother/daughter relationship with her daughter, Anansa Sims.
[4] The New York Times named Johnson one of the 20th century's most influential people in fashion.[5] Given the success of her 1990's wig line, she has been a leading influencer in hair care, especially among women of color. Her company now sells luxury hair extensions.
Born into a middle-class family in Buffalo, New York, Johnson was a champion swimmer in her youth and aspired to be a lawyer. She was studying political science at Northeastern University when she tried her hand at modeling. She quickly landed an assignment with Glamour and began working steadily.[6] Johnson would go on to appear on more than 500 magazine covers, including her groundbreaking Vogue cover in August 1974. Johnson's appearance on the cover changed the beauty ideal in fashion, and by 1975, every major American fashion designer began using African American models.[7]
In addition to modeling, Johnson has also written a book, Beverly Johnson's Guide to a Life of Health and Beauty,[8] and embarked on an acting career.[9] She has also had roles in Ashanti (1979), The Meteor Man (1993), Def Jam's How to Be a Player (1997), and Crossroads (2002). She has also appeared in guest spots on several television series including Law & Order, Lois & Clark: The New Adventures of Superman, The Parent 'Hood and the Super Bowl episode of 3rd Rock from the Sun (1998). Johnson served for two seasons as a celebrity judge on the TV Land series, She's Got the Look, a reality series where women over 35 compete for a modeling contract and magazine spread. At the start of the series in 2008, Johnson shared that she and other models had suffered from anorexia and bulimia during her career.[10] She had a brief singing career, releasing one album in 1979 on Buddah Records.
Johnson has been a longtime hair and beauty influencer. Beginning with the Beverly Johnson Eyewear Signature Collection in Sears Optical (1991-2002) to her Beverly Johnson Wig and Hair Extension Signature Collection (1996-2011), Johnson was among the first supermodels to cross into the business of fashion. Partnered with Amekor, Johnson launched the Beverly Johnson Hair Collection, a line of wigs and hair products for the African American market. In 2010, she introduced a line of restorative and styling hair care products to Target. Johnson currently runs Beverly Johnson Enterprises, a company that produces luxury Remi hair extensions.
Personal life[edit]
Johnson married real estate agent Billy Potter in 1971. They divorced in 1974. In 1977, she married music producer/publisher Danny Sims. Sims and Johnson separated in 1979 and later divorced. Their daughter Anansa Sims was born on the 27th of december 1978.
|Other notes
|Deadly Hero
|TV, 1 episode
|The Baron
|Crisis in Sun Valley
|Television film
|Dr. Anansa Linderby
|Alternative title: Ashanti, Land of No Mercy
|The Sky Is Gray
|John Lee's Mother
|Television film
|Allistar Lang
|TV, 1 episode
|Law & Order
|TV, 2 episodes
|Ms. Trinidad
|Loaded Weapon 1
|Doris Luger
|The Meteor Man
|Woman Doctor
|The Cover Girl Murders
|Television film
|A Perry Mason Mystery: The Case of the Wicked Wives
|Jane Marlowe Morrison
|Television film
|A Brilliant Disguise
|Lois & Clark: The New Adventures of Superman
|Mrs. Cox
|TV, 2 episodes
|The Wayans Bros.
|Miss Kita
|TV, 1 episode
|Ray Alexander: A Menu for Murder
|Alana Durand
|Television film
|Red Shoe Diaries
|TV, 1 episode
|The Queen
|The Parent 'Hood
|Mrs. Jordon
|TV, 1 episode
|True Vengeance
|Lt. Kada Wilson
|Alternative title: Truth or Consequences
|Sabrina, the Teenage Witch
|Fashion designer
|TV, 1 episode
|Def Jam's How to Be a Player
|3rd Rock from the Sun
|TV, 2 episodes
|Elaine's Patron
|Down 'n Dirty
|Sandra Collins
|Kit's Mother
|Red Shoe Diaries 15: Forbidden Zone
|Segment: The Forbidden Zone
|Tyler Perry's Meet The Browns
|1 episode
|Beverly's Full House
|TV, 8 episodes
See also[edit]
|Wikimedia Commons has media related to Beverly Johnson.
- ^ Iconic Cover Girls - Coco & Creme
- ^ Joy Sewing Beverly Johnson's got the right attitude The Houston Chronicle, Retrieved August 23, 2009
- ^ Supermodels Encyclopaedia: Beverly Johnson - Fashion Insider
- ^ http://dic.academic.ru/dic.nsf/enwiki/3175748
- ^ http://www.zimbio.com/100+Most+Influential+People+in+Fashion/articles/173/Fashion+Influential+68+Beverly+Johnson
- ^ "The Body Game". People. 1993-01-11. Retrieved 2008-08-15.
- ^ Gross, Michael (2003). Model: The Ugly Business of Beautiful Women. HarperCollins. p. 239. ISBN 0-06-054163-6.
- ^ "Beverly Johnson: Official Biography". amekor.com. Archived from the original on 2008-07-30. Retrieved 2008-08-15.
- ^ Levitt, Shelley (1992-08-10). "Like Mother, Like..". People. Retrieved 2008-08-15.
- ^ Moss, Marilyn (2008-06-02). "TV Review: She's Got the Look". hollywoodreporter.com. Archived from the original on 2008-07-16. Retrieved 2008-08-15.
External links[edit]
- BeverlyJohnson.com
- Beverly Johnson at the Internet Movie Database
- Beverly Johnson at the Fashion Model Directory
- Beverly Johnson on tvland.com
- 1952 births
- Living people
- American female models
- African-American female models
- American film actresses
- American television actresses
- African-American actresses
- Participants in American reality television series
- Actresses from New York
- People from Buffalo, New York
- Northeastern University alumni
- 20th-century American actresses


text:
B.F.A. Degree in Media Arts
Students in the Media Arts program explore the expanding world of media with an emphasis on creative inquiry, artistic collaboration and adaptation to emerging technologies. Courses include graphic design, image processing, animation and motion graphics, video and new media.
The degree requires 60 credit hours in the visual or performing arts or related interdisciplinary coursework. Students begin the program with introductory course intended to increase their familiarity with worldwide artistic and theoretical concepts associated with media and art.
As students progress through the program, they take more specialized courses such as Animation and Motion Graphics, Video Production and Web Design. Students are immersed in the Media Arts Research Studio (MARS) which houses state-of-the-art digital hardware, software and printing capacities. Students are immersed in lectures, demos, labs, critiques and public presentations, including the "Impractical Practicalities" series. A thesis exhibition and presentation are required in the senior year.


text:
---- —
Michael J. Rogan Jr. of Hermitage passed away at 7:50 p.m. Wednesday, July 31, 2013, in UPMC Horizon Farrell, after an extended illness. He was 82.
Mr. Rogan was born March 22, 1931, in Farrell to Michael and Anna Sabo Rogan.
He graduated from Farrell High School in 1949.
Michael served active duty in the U.S Army from Oct. 23, 1952, to Oct. 22, 1954, and in the U.S. Army Reserves through 1959.
On Feb. 18, 1952, he married his wife, Mary Ann Dohallow, who preceded him in death in December 1995.
He was a retiree of Delphi Packard Electric Systems, Warren, Ohio.
An avid golfer, he also enjoyed hunting and fishing.
Mr. Rogan is survived by: two daughters, Rhonda Sadaghiani and her husband Shahrzad, Avon Lake, Ohio; and Laura Egley and her husband Richard, Irvine Calif.; two sons, Ronald Rogan and his wife Debra, Jamestown; and Thomas Rogan and his companion Pamela McKinnon, Hubbard; six grandchildren, Sara O'Dell, Derek Rogan, Shireen Sadaghiani, Kurt Rogan, Nicole Holland, and Brooke Egley; and a great-grandchild, Connor Holland.
He is also survived by three sisters, Anna Mae Dalessandro, Hermitage; Mardella Stewart, Sharon; and Phyllis Rogan, Sharpsville; and a brother, Pete Rogan, Warren, Ohio.
Besides his wife, Michael was preceded in death by his parents and two sisters, Betty Milich and Shirley Dogan.
Michael J. Jr. 82, of Hermitage.
Service: No services are scheduled at this time.
Cremation services by John Flynn FUNERAL HOME & CREMATORY Inc., 2630 E. State St., Hermitage.


text:
1. Troubleshooting operational issues in Customer computer systems
2. Configuration of Customers equipment to connect to the Internet via modem/DSL Router (Dialup/DSL customers only).
3. Configure software to connect to Internet application servers.
4. Identify and correct or advise, on operational issues in Customer computer systems.
Walk In Venue-
HCL Technologies
A-22, Sector 60, Noida
Location : Noida
Experience : 0 – 5 Years
Education : UG – Any Graduate – Any Specialization
PG – Any Postgraduate – Any Specialization
DOCTORATE – Doctorate Not Required
1. Graduate/Under Graduate, Drop Out (Any stream)
2. Experience 0 to 5years
3. An understanding of ISP/Networking concepts
4. Basic computer and desktop knowledge.
5. Strong written and verbal communication skills.
6. Excellent Troubleshooting skills
7. Flexible to work in night shifts: 24*7*5 days working
HCL is a $6.2 billion leading global technology and IT enterprise comprising two companies listed in India – HCL Technologies and HCL Infosystems. Founded in 1976, HCL is one of India's original IT garage start-ups. A pioneer of modern computing, HCL is a global transformational enterprise today. Its range of offerings includes product engineering, custom & package applications, BPO, IT infrastructure services, IT hardware, systems integration, and distribution of information and communications technology (ICT) products across a wide range of focused industry verticals. The HCL team consists of over 90,000 professionals of diverse nationalities, who operate from 31 countries including over 500 points of presence in India. HCL has partnerships with several leading global 1000 firms, including leading IT and technology firms.
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JOPLIN, Mo. —
If you have ancestors who lived along the Osage River, you will want to read a new, non-fiction book "Damming the Osage: The Conflicted Story of Lake of the Ozarks and Truman Reservoir." Authors of the book are Crystal and Leland Payton.
The 304-page book is jam-packed with 435 color illustrations that include contemporary and vintage photographs, maps and artifacts. Among the topics that are discussed are farms and small towns that were affected, paddlefish, Ha-Ha-Tonka, government misdeeds, banking fraud, Native Americans who once called the area home and environmental aspects of the dams.
The lakes were built for hydroelectric power generation and flood control. They also provide recreation, as well as fish and wildlife management. Bagnell Dam, which created Lake of the Ozarks was completed in 1931, and Kaysinger Dam, which created Truman Lake, was completed in 1979. As a result of the dams, two-thirds of the length of the Osage River is now covered by lakes.
Counties that have been impacted by the 55,000-acre Lake of the Ozarks are Morgan, Miller, Benton and Camden counties. Those affected by the 55,600-acre Truman Dam are Henry, St. Clair, Hickory and Benton.
The books are $30. To purchase a book, write Less & Pen Press, 4067 S. Franklin, Springfield, MO 65807. For more info check www.dammingtheosage.com. Your library might have a copy.
Suggestions or queries? Contact: Frankie Meyer, 509 N. Center St., Plainfield, IN 46168 or e-mail email@example.com


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|Auditor's Report (Coal India)
|Year End : Mar '13
1. Report on the Financial Statements We have audited the accompanying financial statements of COAL INDIA LIMITED which comprise the Balance Sheet as at 31st March, 2013, the Statement of Profit and Loss and the Cash Flow Statement for the year then ended, and a summary of significant accounting policies and other explanatory information. These financial statements include figures in respect of HQ Kolkata, North Eastern Coalfields (NEC), CGMs office at Delhi and Kolkata Marketing Office. 2. Managements Responsibility for the Financial Statements Management is responsible for the preparation of these financial statements that give a true and fair view of the financial position, financial performance and cash flows of the Company in accordance with the Accounting Standards referred to in sub-section (3C) of section 211 of the Companies Act, 1956. This responsibility includes the design, implementation and maintenance of internal control relevant to the preparation and presentation of the financial statements that give a true and fair view and are free from material misstatement, whether due to fraud or error, 3. Auditors Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with Standards on Auditing issued by the Institute of Chartered Accountants of India. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the Auditors judgement, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risks assessments the auditor considers internal control relevant to the Companys preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of the accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. 4. Without qualifying our report, attention is drawn to : a) Notes No.11(1), 12(2) and 18 dealing with investments in and loans and advances (Short term/Long term, Current Account debit balances) to sick subsidiary of the company, that is, Eastern Coalfields Limited (ECL) which is under the Board of Industrial & Financial Reconstruction (BIFR). Revival plans have been approved by BIFR and vetted by the concerned ministry, On implementation of revival schemes the subsidiary is turning around and has started earning profits. In view of the changing circumstances, the management is of the opinion that no writing down or provisioning is required. b) Note No. 21(1) dealing with non-recognition of income of apex charges and interest from ECL, a sick subsidiary company and also Apex Charges of BCCL (subsidiary of CIL) has been waived off by CIL Board. BCCL is still having accumulated losses, interest on other loans and advances has been deferred. c) Note No. 10A(2) regarding non-provision against fixed assets in Dankuni Coal Complex leased to South Eastern Coalfields Limited (SECL) for lease rent of Rs. 1 per annum. In the opinion of the management the nominal income earning is a temporary policy matter and actual worth of the assets including land is much higher than the book value and as such no provision is called for. 5. Opinion In our opinion and to the best of our information and according to the explanations given to us, the said financial statements read together with Significant Accounting Policies and Additional Notes to Accounts as referred in Notes 33 and 34 respectively give the information required by the Companies Act, 1956 in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India: (a) in the case of Balance Sheet, of the state of affairs of the Company as at 31st March, 2013; (b) in the case the Statement of Profit & Loss, of the profit for the year ended on that date; and (c) in the Cash Flow Statement, of the Cash Flows for the year ended on that date. 6. Report on Other Legal and Regulatory Requirements (1) As required by the Companies (Auditors Report) Order, 2003, as amended, issued by the Central Government of India in terms of sub-section (4A) of section 227 of the Act, we give in the Annexure a statement on the matters specified in paragraph 4 and 5 of the Order. (2) As required by section 227(3) of the Act, we report that: - We have obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purpose of our audit; - In our opinion proper books of accounts as required by law have been kept by the company so far as appears from our examination of those books. - The Balance Sheet, Statement of Profit and Loss and Cash Flow Statement dealt with by this report are in agreement with the books of accounts. - In our opinion, the Balance Sheet, Statement of Profit and Loss and Cash Flow Statement dealt with by this report comply with the accounting standards referred to in sub-section (3c) of section 211 of the Companies Act,1956; and - In terms of Government of India, Department of Company Affairs Notification No.GSR 829(E) Dated 21st October,2003, Government Companies are exempted from the applicability of provisions of section 274(1)(g) of the Companies Act,1956. - Since the Central Government has not issued any notification as to the rate at which the cess is to be paid under section 441A of the Companies Act,1956 nor had it issued any Rules under the said section, prescribing the manner in which such cess is to be paid, no cess is due and payable by the company. (Referred to in paragraph 6.1 of our report of even date). On the basis of checks carried out during the course of audit and as per information and explanations furnished to us and to the best of our knowledge and belief we report that: i. (a) The company has maintained proper records showing full particulars including quantitative details and situation of Fixed Assets. However, certain details as regards purchase order reference; date of commissioning and locations, identification marks are absent there in some cases of old items. (b) Fixed Assets located at North Eastern Coalfields, the production unit of the company, has been physically verified by the management periodically in a phased manner and no material discrepancies have been noticed as confirmed by the Management. Verification of fixed assets located elsewhere was inadequate. (c) No substantial part of fixed assets has been disposed of during the year, which has bearing on the going concern assumption. ii. (a) Physical verification of inventory at North Eastern Coalfields has been conducted at reasonable intervals during the year by the management. However, inventory at Stock-yard of West Bengal Regional Sales Office has not been physically verified. The inventories being very old have been provided for. The inventories have been measured on the basis of volumetric system. (b) In our opinion, the procedures of physical verification of inventory followed by the management are reasonable and adequate in relation to the size of the company and the nature of its business. (c) The company has maintained proper records of inventory. No material discrepancies were noticed on physical verification. iii. (a) The company has not granted any loans, secured or unsecured to companies, firms or other parties covered in the register maintained under section 301 of the Companies Act, 1956 except advances to its subsidiaries BCCL and ECL where interest has been deferred / waived. In other cases, clause 4 (iii) (b) to (d) of the Order are not applicable. (b) The company has not taken any loans, secured or unsecured, from companies, firms or other parties covered in the register maintained under section 301 of the Companies Act, 1956 except some surplus funds of the subsidiaries parked with this holding company where reasonable interest has been paid except two cases of Northern Coalfields Limited and Mahanadi Coalfields Limited where no interest has been paid as these funds were transferred to Eastern Coalfields Limited and Bharat Coking Coal Limited for specific purposes as interest free advance. The terms and conditions of these advances are not prejudicial to the interest of the company. iv. There is an adequate internal control system commensurate with the size of the company and the nature of its business for the purchase of inventory and fixed assets and for the sale of goods and services. During the course of our audit no major weakness in internal control has been noticed except for certain old advances / receivable accounts where detail schedules are absent for a long time and the adjustments made there-against are basically effected on adhoc basis leading to the emergence of credit balances in some cases. v. There are no contracts and arrangements as referred to in section 301 of the Companies Act, 1956, particulars of which needs to be entered into a register maintained under section 301 of the said Act. Accordingly, clause 4 (v) (b) of the Order is not applicable. vi. The company has not accepted any deposits from the public within the meaning of the provisions of Section 58A and 58AA or any other relevant provision of the Companies Act , 1956 and rules made there under, vii. The Company has an Internal Audit system commensurate with the size and nature of its business. But it requires substantial revamping in respect of timeliness and teeth of reporting together with risk based analysis of the inadequacies. viii. The maintenance of cost records has been prescribed by the Central Government under section 209 (1) (d) of the Companies Act, 1956 vide Notification dated 3rd June, 2011 in respect of mining activities of the company. We have checked the records and are prima facie of the opinion that the same are properly maintained. ix. (a) The company is regular in depositing undisputed statutory dues including Provident Fund, Investors Education and Protection Fund, Income Tax, Sales Tax, Wealth Tax, Service Tax, Customs Duty, Excise Duty, Cess and other statutory dues with the appropriate authorities. There were no undisputed arrears of statutory dues outstanding as on 31.03.2013 for a period of more than six months from the date they became payable. (b) There are no dues of Sales Tax, Income Tax, Custom Duty, Wealth Tax, Excise Duty, Cess and Other Statutory dues which have not been deposited on account of any dispute. x. The company does not have any accumulated losses at the end of financial year and has not incurred cash losses in the current financial year and in the immediately preceding financial year, xi. The company has not defaulted in repayment of dues to Financial Institutions or Banks. xii. The company has not granted any loans or advances on the basis of security by way of pledge of shares, debentures and other securities. xiii. The company is not a Chit Fund or a Nidhi / Mutual Benefit Fund / Society, xiv. The company is not in the business of dealing or trading in shares. The company has investments in shares of its wholly owned subsidiaries, SPV Joint Venture and in Mutual Funds only and has maintained proper records of transactions and contracts in respect thereof and timely entries have been made therein. The company, in its own name, has held all these shares. xv. The terms and conditions on which the company has given guarantees for loans taken by its subsidiaries from banks and financial institutions are not prima facie prejudicial to the interest of the company, xvi. No term loan has been availed during the year. However, the term loans availed by the company in earlier years had been utilized for the purposes for which the said loan had been taken. xvii. The funds raised on short-term basis have not been used for long-term investments. xviii. During the year under audit the company has not made any preferential allotment of shares. xix. The company has not issued any debentures during current or earlier year (s). xx. The company has not made any Initial Public offering (IPO) of shares during the year as the same was carried out during the year 2010-11. xxi. No fraud, on or by the company has been noticed or reported during the year. For De Chakraborty & Sen Chartered Accountants F.R. NO.303029E Raktim Kumar Chattopadhyay (Partner) Membership No. 052225 Place: Kolkata Date: 20th May, 2013
|Source : Dion Global Solutions Limited


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ATLANTA (AP) — What a week for Rick Pitino! He's elected to the Hall of Fame. His horse is headed to the Kentucky Derby. His son gets a prominent head coaching job.
Then he caps it off with what he wanted most.
Another national championship.
For that, he can thank 13 of the grittiest guys he's ever coached.
Luke Hancock produced another huge game off the bench, scoring 22 points, and Pitino became the first coach to win national titles at two schools when Louisville rallied from another 12-point deficit to beat Michigan 82-76 in the NCAA championship game Monday night.
"This team is one of the most together, toughest and hard-nosed teams," the coach said. "Being down never bothers us. They just come back."
More like relentless to the very end.
They're not stopping now, either. The players intend to hold Pitino to a promise he made: If they won a national title, he'd get a tattoo.
Better leave a lot of space, coach, if you want to make this a tribute to the team.
"I have a couple of ideas," said Hancock, who became the first sub in tournament history to be designated as most outstanding player. "He doesn't know what he's getting into."
"Our biggest motivation," Peyton Siva added, "was to get coach a tattoo."
That's about the only thing that didn't exactly turn out in Petino's favor. Earlier Monday, he was introduced as a member of the latest Hall of Fame class. On Saturday, his horse won the Santa Anita Derby to set up a run for the roses. And last week his son got the coaching job at Minnesota.
The Cardinals (35-5) lived up to their billing as the top overall seed in the tournament, though they sure had to work for it.


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Since 1) UHDS houses approximately 80% of the first year freshmen attending OSU, and 2) since the first year is the most vulnerable year for students transitioning to college, and 3) since historically underrepresented students have additional transitional obstacles when attending a institution with an overwhelming percentage of the dominant culture...What potential impact could UHDS make if we could focus our existing efforts to make UHDS environments increasingly safe and nurturing for students from historically underrepresented communities? The UHDS Diversity Initiative is intended to increase the level of comfort, satisfaction, and academic success for students from historically underrepresented communities and thereby increase the student recruitment and retention.
University Housing and Dining Services staff members foster, support, and advocate for an increasingly inclusive environment and community through understanding, enhancing, promoting, and celebrating the uniqueness of our student residents and department staff.
We will create an inclusive environment and community through a commitment to equity issues regarding the free and safe expression of sex, gender identity, gender expression, race, color, ethnicity, religious affiliation or lack thereof, disability status, socio-economic status, poverty status, sexual and affectional orientation, international students and cultures, language fluency, veteran status, non-traditional-aged students, and student parents.
Greater diversity is a strategic goal for UHDS due to:
The UHDS Diversity Action Plan 1.2 is intended to be a dynamic document that represents the initial thinking and effort around creating a more welcoming and inclusive environment. We have intentionally begun with a focus on African-American Students, Latino(a) Students, and International Students, with Native American Students being added in the Fall of 2008. This allows for us to 1) address issues with students whose population is growing in the community and at OSU, 2) gain some traction by not spreading our thinking/research/effort too thin too quickly.
Feedback on the UHDS Diversity Action Plan 1.2 and/or process are welcome.
For 2011-12, Four (4) Implementation Priorities were identified to provide additional prioritization and focus to the UHDS Diversity Action Plan 1.2.
From a list of 87 possibilities, the UHDS Diversity Initiative Members narrowed their focus to address four (4) implementation priorities and associated subgroups for the 2011-12 academic year. These are the areas for which we believe we should hold ourselves accountable as a department.
From a list of 87 possibilities, the UHDS Diversity Initiative Members narrowed their focus to address four (4) implementation priorities and associated subgroups for the 2011-12 academic year. These are the areas for which we believe we should hold ourselves accountable as a department.
Celebrate cultural diversity through culturally relevant food for the campus community
Rich Turnbull*, Megan Full, Teresita Alvarez, Jacqueline Chambers
1 hour a month
Opportunities: Additional assistance in convening and providing ideas for the Food from Home Program
This group is tasked with reviewing and providing input on addressing issues (arrival, roommate conflict, language barriers, processes and procedures, etc) directly related to the on-campus experience of international students.
Brian Stroup*, Jacqueline Chambers, Dawn Snyder, Thet Mar Win, Rachael Weber, Nikki Hinshaw
This group is tasked with increasing capacity to support and retain student and professional staff from historically underrepresented groups. We commit to research innovative ideas in regards to recruiting for employment opportunities at OSU, in order to reach and obtain a more diverse applicant pool for available positions.
Kerry McQuillin*, Jennifer Viña*, Eric Hansen, Teresita Alvarez, Valerie Mouw, Nancy Raskauskas
The Student Leaders in Community implementation priority seeks to engage student leaders in development and growth in their knowledge of themselves and those who are different from them. The efforts of Student Leaders in Community work with student leaders' curiosity, energy, and interest in creating learning opportunities in Oregon State University's residential communities and exploring subjects of difference.
Teresita Alvarez, Dawn Snyder, Jeffrey Tsang , Christine Nguyen, Brandi Douglas, Kathryn Magura, and Katie Doran


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5 Cool things to do at Table Mountain this winter
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