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Emily Willingham, Subscriber
I write about the science they're selling you.
[Note: This is a version of a post that first appeared here. I'm running it today because science consumption doesn't happen only through what we read in the news media. Sciencey-ness is sold to us by way of commercials, stores, billboards, and our social circles, too.]
Pseudoscience is the shaky foundation of practices–often medically related–that lack a basis in evidence. It's "fake" science dressed up, sometimes quite carefully, to look like the real thing. If you're alive, you've encountered it, whether it was the guy at the mall trying to sell you Power Balance bracelets, the shampoo commercial promising you that "amino acids" will make your hair shiny, or the peddlers of " natural remedies" or fad diet plans, who in a classic expansion of a basic tenet of advertising, make you think you have a problem so they can sell you something to solve it.
Pseudosciences are usually pretty easily identified by their emphasis on confirmation over refutation, on physically impossible claims, and on terms charged with emotion or false "sciencey-ness," which is kind of like "truthiness" minus Stephen Colbert. Sometimes, what peddlers of pseudoscience say may have a kernel of real truth that makes it seem plausible. But even that kernel is typically at most a half truth, and often, it's that other half they're leaving out that makes what they're selling pointless and ineffectual. But some are just nonsense out of the gate. I'd love to have some magic cream that would melt away fat or make wrinkles disappear, but how likely is it that such a thing would be available only via late-night commercials?
What science consumers need is a cheat sheet for people of sound mind to use when considering a product, book, therapy, or remedy. Below are the top-10 questions you should always ask yourself–and answer–before shelling out the benjamins for anything, whether it's anti-aging cream, a diet fad program, books purporting to tell you secrets your doctor won't, or jewelry items containing magnets:
1. What is the source? Is the person or entity making the claims someone with genuine expertise in what they're claiming? Are they hawking on behalf of someone else? Are they part of a distributed marketing scam? Do they use, for example, a Website or magazine or newspaper ad that's made to look sciencey or newsy when it's really one giant advertisement meant to make you think it's journalism?
2. What is the agenda? You must know this to consider any information in context. In a scientific paper, look at the funding sources. If you're reading a non-scientific anything, remain extremely skeptical. What does the person or entity making the claim get out of it? Does it look like they're telling you you have something wrong with you that you didn't even realize existed…and then offering to sell you something to fix it? I'm reminded of the douche solution commercials of my youth in which a young woman confides in her mother that sometimes, she "just doesn't feel fresh." Suddenly, millions of women watching that commercial were mentally analyzing their level of freshness "down there" and pondering whether or not to purchase Summer's Eve.
3. What kind of language does it use? Does it use emotion words or a lot of exclamation points or language that sounds highly technical (amino acids! enzymes! nucleic acids!) or jargon-y but that is really meaningless in the therapeutic or scientific sense? If you're not sure, take a term and google it, or ask a scientist if you can find one. Sometimes, an amino acid is just an amino acid. Be on the lookout for sciencey-ness. As Albert Einstein once pointed out, if you can't explain something simply, you don't understand it well. If peddlers feel that they have to toss in a bunch of jargony science terms to make you think they're the real thing, they probably don't know what they're talking about, either.
4. Does it involve testimonials? If all the person or entity making the claims has to offer is testimonials without any real evidence of effectiveness or need, be very, very suspicious. Anyone–anyone–can write a testimonial and put it on a Website. Example: "I felt that I knew nothing about science until The Science Consumer blog came along! Now, my brain is packed with science facts, and I'm earning my PhD in aerospace engineering this year! If it could do it for me, The Science Consumer blog can do it for you, too! THANKS, SCIENCE CONSUMER BLOG! –xoxo, Julie C., North Carolina"
5. Are there claims of exclusivity? People have been practicing science and medicine for thousands of years. Millions of people are currently doing it. Typically, new findings arise out of existing knowledge and involve the contributions of many, many people. It's quite rare–in fact, I can't think of an example–that a new therapy or intervention is something completely novel without a solid existing scientific background to explain how it works, or that only one person figures it out. It certainly wouldn't just suddenly appear one night on an infomercial. Also, watch for words like "proprietary" and "secret." These terms signal that the intervention on offer has likely not been exposed to the light of scientific critique.
Your ideas are those of a science idolator. Please don't jump to conclusions about me.I am not a creationist. But let us look at a claim such as "The fittrest survive." The question is not, "is this a true scientific statement," but "is it even of the form to be a scientific statement." When we look at it closely we see that fittest means simply "living long enough to reproduce," and "survive" refers not to the individual, but the species, in other words to the continued production of offspring. So survival of the fittest means "those members of a species that have offspring have offspring," a tautology. Now a tautology says nothing about the real world, for it is true under any circumstances. I hasten to add that creationism is no better as a scientific theory, for it has no experimental consequences. A real scientific theory suggests an experiment that either proves or disproves the theory. Neither of these does so.
However, scientists accept "survival of the fittest" as a legitimate scientific theory, and indeed it passes all your tests.
It comes to the same thing. The relative frequency of alleles predicts—the relative frequency of alleles. I agree that creationism is neither scientific nor a theory. Scientific theories must suggest an experiment that could "cook" the theory. There must be a state of affairs that could prove the theory wrong. Can scientists predict the relative frequency of alleles in future generations with reference only to alleles. Of course not.
Well said Michael.
Your definition only holds true for certain branches of science, however. For the 'historic sciences', where running experiments if not possible, there are other tests, as Darwin used, like 'inference to the best explanation' or abduction; what processes that we are currently aware of could produce the effect that we are seeing in the historic record. Sometimes, like uniformitarianism, this proves to be inadequate and wider options like catastrophism need to be investigated.
Excellent article. If turned into a poster, it would make a great supplement to this brilliant one: http://yourlogicalfallacyis.com/poster
Add in are there experiments that have been replicated by others and have been published in peer reviewed publications.
I see this example everytime I go online: "Dermatologists hate her." Or, "Plastic surgeons hate her." Supposedly, she ("her") has invented some sort of goo to put on her face to reduce those dreaded signs of aging. I sure there are people falling for that one, but I'm wondering who these people are? Who would spend money on something that ridiculous? The suckers born every minute?
"But some are just nonsense out of the gate."
~ Prove that whole numbers exist. Solve Square root 2. You can't, just like you can't solve primes, Fibonacci and the golden ratio. Absent these proofs, "and a better understanding of 'zero' ", all science is nonsense; all knowledge is nonsense!
Dawkins, for example, was once asked to explain the development of a single celled organism and to most 'sensical' listeners his response sounded an awful lot like ID "inteligent design"… the supreme "fake science" according to science. Argo… the solution is simple… Solve for square root 2!~
~ergo… uuuggghhhh.


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The local alternative rock band Thoroughfare is finishing up work on its as-yet-untitled second full-length album, which drummer Colin Cunningham says should be out in early January.
"We've been working on it since February, but we've been working on the songs since the summer of '08," Cunningham says. "We didn't realize it was going to be a record. We put out our first full-length CD a couple of years ago and didn't think we'd put out another record. We thought we'd do what Copper has done, just put out single after single. But it got to the point where we realized we've got to put something out."
Local hotshot producer Travis Wyrick, who produced Thoroughfare's 2007 disc As Yet Unborn, is also producing the new album, which Cunningham says is tentatively called A Day Without Fire. That's one of a handful of titles the band is considering and also the title of what Cunningham says is his favorite song from the recent recording sessions.
"We wrote it three days before going into the studio," he says. "The three original members and me just jammed and wrote it in about five hours."
Wyrick also encouraged the band—Cunningham, his brother Cameron Cunningham on keyboards, singer Jordan Beach, bassist Thomas Boyd, and new guitarist Seth Rowlette—to work with other songwriters, including members of local major-label act 10 Years and Keith Wallen of Copper.
"We've got a whole new spin on things from touring and meeting people and growing up," Cunningham says. "The biggest thing we've figured out is that for the longest time we did what we thought other people wanted to hear, and we're just not very good at that.... The new songs are a lot less polished-sounding. There's a lot more of a live feel to it."
Rowlette, a University of Tennessee art school grad, has reached out to former professors and current students for submissions to be considered for the album artwork.
Thoroughfare opens for 10 Years and Down From Up at the Valarium on Sunday, Dec. 27.
© 2009 MetroPulse. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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6.8°in Canberra
- 2°/15°
- Saturday
- 1°/13°
- Sunday
- 2°/14°
- Monday
Philippines authorities are appealing for volunteers to help deliver food, water and supplies to two million people affected by deadly floods in and around the capital Manila.
Entire districts remain submerged after the capital received more than a month's worth of rain in 48 hours.
It's estimated 80 per cent of the city is underwater.
The death toll from this week's rain in Manila and nearby provinces has risen to more than 25, bringing the confirmed number of people killed across the country since a typhoon triggered heavy rains in late July to over 73.
As overflowing rivers begin to recede, civil defence chief Benito Ramos says the top priority is to help the 1.95 million people affected by the floods, including 300,000 who are sheltering in evacuation centres.
He says national and local governments had pre-positioned food, medicine and other relief items before the flood which are now being distributed across the disaster zones.
But other relief organisations say they're overwhelmed by the scale of the crisis and don't have enough volunteers to distribute emergency items.
Aid agencies have been struggling to reach communities in need, with major roads flooded and blocked.
The Secretary General of the Philippines National Red Cross, Gwendolyn Pang, told Radio Australia there were more huge downpours overnight.
"As I talk to you now, I can hear the sound outside my house of a very strong downpour of rain and many of the areas where the water receded already at noontime yesterday, water went up again," Ms Pang said.
"It's really concerning us so much because many people are left in their homes."
World Vision's Minnie Portales says rescuers are most concerned for those trying to defend their homes.
"Some of the people decided to stay in their homes even though it's flooded and they stayed on top of the roof, especially the male," Ms Portales said.
"Villages are still under water, three feet to six feet underwater."
Yesterday, the Red Cross began a detailed assessment of the extent of the flooding in order to determine where relief supplies are sent.
Australia is giving $AU2 million in aid to help flood victims in Manila.
Foreign Minister Bob Carr says many people are desperate for food and shelter.
"We're providing a million dollars to the World Food Program to deliver a thousand tonnes of rice and we're backing that up with nearly a million dollars made available to the Red Cross to get supplies for those in need," he said.
In the riverside district of Marikina, where massive squatter communities were inundated, some residents returned to their homes on Wednesday night only for another deluge to hit a few hours later and cause another flood spike.
"Last night many came back, but when the alarm rang at 3am they had to evacuate again," said Colonel Perfecto Pinaredondo, chief military aide at the civil defence office.
Alona Geronimo was one of those forced to evacuate for a second time and says she and her neighbours are exhausted and feeling hopeless.
"We were cleaning our house yesterday when the water rose again," Ms Geronimo said.
"No one has caught a wink of sleep here. If we fall asleep, we might die."
Meteorologists are forecasting more rain for the coming days.
Civil defence chief Benito Ramos says if the weather clears now, it will take several days to recover.
"But if more rain is dumped, then no one can tell," he said.
The deluge came after nearly two weeks of monsoon rains compounded by typhoon Saola.
First posted


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Reece Brown
24 Jul 2014
Reece Brown's summer...
Young Blues star Reece Brown popped along to surprise youngsters on a summer football camp at Wast Hills.
07 Apr 2014
Blues U21s 2 Coventry...
A late penalty save from Callum Preston ensured that Birmingham City U21s maintained their recent unbeaten run.
06 Mar 2014
International Blues
Blues had eight first-teamers on duty for their respective nations during the recent international break.
11 Feb 2014
Young Lions call-up for...
Reece Brown and Demarai Gray have been called up to the England U18s squad for their forthcoming international fixtures against Belgium and Croatia.
24 Jan 2014
Reece Brown pens pro deal
Talented teenager Reece Brown has put pen-to-paper on his first professional contract with the club.
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Law in Popular Culture
Judge Rules 'People's Court' Testimony Isn't the Real Thing
Posted Jul 16, 2010 9:07 AM CDT
By Debra Cassens Weiss
A woman's statements made on The People's Court can't be used against her in a real legal proceeding, a Brooklyn judge has ruled.
Judge Francois Rivera tossed findings by a hearing officer who had relied on the woman's "testimony" from the TV program. The hearing officer found that the woman, Ellen Kahn, had not lived with her mother before her death, and did not have rights to her mother's subsidized apartment, the New York Law Journal reports.
Statements by people who appear on the show "are not testimony. They are neither sworn nor reliable," Rivera wrote in the decision (PDF posted by the New York Law Journal, sub. req.)
"The statements made on the show have no more probative force than the words of an actor reading from a script in a play," Rivera wrote. "The only difference between the two is that the participants of the show may freely ad-lib their lines."
On The People's Court, Kahn had sued her mother's home health care aide for repayment of a loan. Kahn told the TV judge that she visited the apartment on weekends.
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Redwood City Man Robbed Man of Cell Phones After Arranging Sale Via Facebook, Police Say
Police say the man set up a meeting with someone who was selling used cell phones after seeing an ad online, and when it came time to pay for the goods-- he instead pulled out a gun.
Posted by Renee Schiavone (Editor) ,
According to a Redwood City police alert, 21-year-old Denmark Copeland robbed a man in a parking lot of the 2400 block of El Camino Real, near Woodside Road, around 3:30 p.m. Thursday.
"The victim had four used cellular phones for sale and he had them advertised on a Facebook website page," Lt. Sean Hart said in the police alert. "Copeland contacted the victim and agreed to purchase the cellular phones and arranged a meeting in the parking lot."
That victim apparently went to the parking lot to broker the deal with Copeland, and got into Copeland's car for payment, according to Hart.
"Copeland pulled out a handgun and pointed it at the victim and robbed him of the cellular phones," Hart said. "The victim exited the vehicle and Copeland fled in the vehicle."
After taking a police report on the incident, a Redwood police officer identified Copeland as the primary suspect in the case.
The next day, officers then conducted surveillance at "residences associated with Copeland" and spotted him in the 300 block of McEvoy Street, according to Hart. He was arrested then.
"Detectives located a metal replica handgun concealed in Copeland's waistband when he was arrested and evidence connecting him to the robbery," Hart added.
Copeland was taken to the San Mateo County jail, and booked on robbery charges, according to police.
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Phillip Bailey February 22, 2014 at 06:23 PM
Good job. Check this out. https://www.youtube.com/embed/l7OadDz3Ums
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text: A domain name such as the one described above is called a third-level domain name. There is a $500 one-time fee for creating new third-level domains. There is no additional charge for registering names within the domain once it is set up. Third-level domain names should be requested by the department network contact.


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Free Photos of Transportation
About Graphics Software - PhotoArtMaster Gallery
This gallery includes some gondolas and other boats.
About Graphics Software - PhotoArtMaster Gallery
There's a couple of tractor photos here.
DHD Photo Gallery - Ships
Sail away on a tall ship. Photos for personal use.
FreeFoto.com - Autos
From Alfa Romeo to Volkswagen, browse images of cars, cars, and more cars.
FreeFoto.com - Military
Airplanes, helicopters, and military transports of all kinds, including some historic planes are here.
Library of Congress, The - Transportation
Go back in time while browsing maps depicting transporation routes including railways, shipping routes, and roads. Not just US images.


text: Kevin Thomas Mini, 59, of Monterey, passed away at his home Dec. 24, 2013. He was born June 29, 1954, in Dalzell, IL, to Edward and Mildred Thompson Mini. He will be laid to rest in Spring Valley Memorial in Spring Valley, IL, at a later date. For more information, contact Crossville Memorial Funeral Home & Crematory, Inc. at 456-0047 or visit www.crossvillememorial.com.


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For DiPietro and Islanders' Owner, a Bond Is Broken - NYTimes.com
"Wang came into my office that day, and that's when the whole relationship ended," Smith said. "I'm not sure, but I think Charles was in a panic about me meeting with Rick. He had this special relationship with DiPietro. So for me to be meeting with the agent — a normal part of my job — he didn't want it handled that way." CLICK ON THE NYTIMES LINK


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What you ultimately spend depends reconciling your desires with your available cash. There are inexpensive and mid-range options that provide great value and performance, while some very expensive options only deliver a marginal increase in performance and may not always be the best value.
The following tips will enable you to merge your desires with some practical, cost-effective, strategies for assembling your home theater.
1. Think About What's Most Important for Your Home Theater
A home theater system is an exciting entertainment option that provides the consumer with an immersive viewing and listening experience. Your home theater system can be just a TV and modest sound system or a sophisticated custom-built system with video projector, in-wall speakers, expensive home theater seating.
Here are the basic questions you need to seek answers to: Do you want the biggest viewing image possible? Will you be spending more time watching TV, watching movies, listening to music, or playing video games? Do you want to incorporate the internet into your home theater system?
As you get excited about your home theater plans, also be aware of common mistakes that can impact both your budget and enjoyment of your new system.
2. Decide Whether to Upgrade or Start From Scratch
Take stock of what you already have and think you might want to keep - at least for now. As you survey what you have, take into consideration what you want your completed home theater system to include. Here are some examples:
A Display Device: Television or video projector/screen.
One or More Sources: DVD Player, Blu-ray Disc player, game console, network media player, antenna, cable, or satellite TV.
A Sound System: Stereo or home theater receiver and speakers.
Equipment Racks or Cabinet: For placing components and storing discs.
Seating: For comfortable for viewing and listening.
Also, if you are planning to upgrade and throw out your old equipment, check out some great tips on How To Recycle Old Home Theater Electronics.
3. Consider a Home-Theater-in-a-Box or Sound Bar
If you have a small room to work with, or just don't want the hassle of putting together an elaborate setup, consider an appropriate size screen and either a home theater-in-a-box or sound bar system.
Home theater-in-a-box systems are affordable packages that contain most of the components needed, including speakers, a surround receiver, and, in some cases, even a DVD or Blu-ray Disc player.
A sound bar is a design that creates a wider surround-like field from a single speaker cabinet, which can be placed above or below a TV. Some sound bars have their own internal amplifiers and sometimes incorporate a CD/DVD or Blu-ray Disc player. Sound bars save a lot of space and eliminate the need for extra surround speakers in a modest setup.More Info
4. Evaluate the Hidden Benefits of Blu-ray Disc Players
Although Blu-ray disc players are still more expensive than DVD players, there are some real money-saving advantages to owning a Blu-ray disc player. Blu-ray disc players not only play Blu-ray discs, but also play DVDs and CDs as well.
Also, most Blu-ray disc players can also play audio, video, and still image content from USB flash drives via an onboard USB port.
Lastly, an increasing number of Blu-ray disc players are also network-enabled. These players can be connected to the internet via a router, allowing you to stream online audio and video content directly to the player for viewing on your TV or video projector. Check for these, and other features, when shopping for a Blu-ray disc player.More Info: Guide to Blu-ray and Blu-ray Disc Players
5. Don't Over-Pay For Accessories
When you buy a TV, Blu-ray disc player, home theater receiver, speakers, and subwoofer, the cost for those items isn't your final total. You still need cables, wires, and possibly other accessories, such as a universal remote control and surge protector, to get it all set up and working. Accessories can be expensive, but they don't have to be. Avoid both the $100 six-foot HDMI cables and the too-good-to-be-true bargain basement stuff.More Info: Home Theater Add-ons and Accessories - Budget Priced Accessories
6. Buy Refurbished Products If You Don't Need the Latest and Greatest
We are always looking for bargains. One way save money in putting together a home theater is to buy refurbished products, especially if you don't need the latest and greatest. When most of us think of a refurbished item, we think of something that has been opened up, torn apart, and rebuilt, like an auto transmission rebuild, for instance.
However, in the electronics world, it is not so obvious what the term "refurbished" actually means for the consumer. Before you embark on your quest to find those great deals, arm yourself with some useful shopping tips for buying refurbished products.
7. Consider the Long-range Costs of Using Your Home Theater System
It doesn't do any good to spend money on a home theater if you don't have the money to enjoy it on an ongoing basis. Here are some things to take into consideration:
A. Discs. The average price of a DVD movie is about $15, while the average price of a Blu-ray Disc movie is about $25. Always watch for sales. Consider renting DVD/Blu-ray discs if you are not interested in keeping them.
B. Cable and satellite fees (depends on the package that you contract for).
C. Pay-per-view (prices vary, can be a little as $3.99 per view or $20 or more for certain special events).
D. Internet Streaming Fees (some providers require monthly subscription - while others require pay-per-view).
E. Video projector lamp replacement (several hundred dollars a pop after a certain amount of viewing hours - usually 3,000 to 5,000 - depends on projector brand/model).
8. Saving Money is Good; Acquiring Great Value is Better
Home theater can be a real money saver, if you buy smart. The key things: Don't buy the cheapest, but don't overpay for just a minor increase in performance. Be comfortable with your purchase. If you can't afford everything right away, a practical way to start is to buy a good TV and build out from there.
How Home Theater Can Save You Money
Practical Tips for Home Theater and Consumer Electronics Shopping


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While the rough economy knocked a few local spots out of business, there were more than a handful that opened their doors in 2011.
: After much anticipation, the upscale steakhouse took up residence in the former digs of just before Christmas.
: Since it opened up next to Emilio's in early July, Yogurt Crazy has quickly become a favorite of Commack residents, who regularaly packed the yogurt shop on summer nights.
: Almost a year after opening its doors in January 2011, ShopRite continues to thrive.
Opening Soon in 2012...
: Following the announcement in September that the popular burrito chain was coming to Commack in Owner Michael Walsh said Moe's will of 2012.
: Though this burger joint was initially scheduled to open in September, some pushed the opening back to later this month.


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Napthine government to close parts of Oakleigh Centre - Victoria's 'forgotten institution'
Henrietta Cook Disability advocates have been calling for the Oakleigh Centre's closure for years, and now the Napthine government has granted their wish by providing $14.
Three dead in Oakleigh accident, Warrigal and Dandenong roads
Alana Schetzer and Caroline Zielinski The man at the centre of a triple fatality in Oakleigh has been discharged from hospital.
Cheers as man charged over fatal Oakleigh road crash is denied bail
Adam Cooper Loud cheers greeted a magistrate's decision to refuse bail to the man charged over the road crash in Oakleigh at the weekend that claimed the lives of three people.
Police believe death of man on running track in Oakleigh is not suspicious
Deborah Gough Police are investigating the discovery of a body in the south-east Melbourne suburb of Oakleigh on Tuesday morning.
Two more charged over Oakleigh riot
Two more young men have been charged over a riot in Oakleigh to protest over the cancellation of a car race.
Two more held over Oakleigh riot
Paul Millar and Reid Sexton The first person charged over Friday night's Oakleigh riot was fuelled by alcohol when he smashed a shop window and helped overturn a ute, an out-of-sessions court heard last night.
Age photographer feared for life during Oakleigh riots
Thomas Hunter With kicks and punches raining down on him as he was lay on the ground, Age photographer Wayne Hawkins thought he would die during the Oakleigh riot.
Ex-detective Paul Dale accused of threatening to kill informer Terence Hodson
Adam Cooper Former detective Paul Dale told a police informer who was later murdered he would be shot if he ever betrayed the policeman, an inquest has been told.
Paul Dale, Rodney Collins excused from giving evidence at Hodson murder inquest
Steve Butcher and Adam Cooper A former detective and a double murderer have been excused from giving evidence at the inquest into the ''cold-blooded'' execution murders of police informer Terence Hodson...
Boy bashed for cigarettes by teen trio in Malvern East
Caroline Zielinski A teenage boy has been robbed, bashed and had his teeth broken during a brutal weekend attack in Melbourne's south-east.
Inquest to ask if police did enough to protect informer Terence Hodson and his wife
Adam Cooper An inquest into the murders of police informer Terence Hodson and his wife will examine whether police did enough to protect the couple.
Police ask for help in search for missing Melbourne teenager
Tammy Mills Police are appealing for public assistance to help find missing teenager Courtney McKendry.
The end of the road for the forgotten ones
Peter Barrett At Old Ballan Cemetery near Ballarat, Alan Barr, 68, describes his job as ''secretary, burial officer and everything else in between'', which includes maintenance worker and mower of about eight...
Subway hit in $35 million 'blackmail bid'
Chris Vedelago The US headquarters of Subway is being held to ransom by a Melbourne franchisee who has threatened to release the company's secret recipes on the internet if he is not paid $35 million.
Council rate rises lowest in a decade
Allison Worrall and Aisha Dow Victorian households will be hit with the lowest average rate rise in at least a decade this year, but council bills are still rising faster than inflation.
Storm creates commuter crisis for Melbourne's afternoon peak-hour
Jessica Wright and Anna Whitelaw Melbourne is in the midst of a commuter crisis with major roads, train and tram lines and routes out of the city closed due to high winds, traffic accidents, flooding and strewn debris.
State programs at risk over federal shortfalls, Victorian Treasurer warns
Farrah Tomazin Victoria could lose hundreds of hospital beds and be forced to scale back kindergarten hours, with Treasurer Michael O'Brien warning Tuesday's state budget will not make up for anticipated shortfalls...
Melbourne traffic left to get worse as transport authorities fail to fix traffic lights
Adam Carey Some of Melbourne's most chronically clogged intersections have been left to gradually get worse for several years, in breach of state guidelines that traffic lights must be reviewed every five...
Reform locks up our suburbs
Karin Derkley A city bristling with three times as many high-rise towers as today. Twenty-storey apartment buildings along commercial strips in the suburbs.
Father pays tribute to his 'beautiful boy', killed near Malvern train station
Caroline Zielinski The teenager who died after poking his head out of a moving train is believed to have been part of a group of boys who broke into an unattended rear driver's carriage, wreaking havoc inside.


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A church-going grandfather who riddled a fleeing SUV with bullets after an altercation between the driver and two of his family members last year was sentenced Monday to four years in prison.
According to evidence presented Monday morning before 43rd District Judge Trey Loftin Monday morning, one of the seven bullets that struck the vehicle passed within inches of the driver's head.
Phillip Lee Roberts, a 54-year-old machinist, pleaded guilty to aggravated assault with a deadly weapon and elected to have Loftin assess punishment.
"Frankly, sir, you tried to kill her," Loftin told Roberts, adding that it was by some "angelic miracle" that he did not do so.
The victim, Jessica Parker, reportedly came to Roberts' son and daughter-in-law's house on Dubellette Street the night of April 16, 2011, and confronted Cassandra Roberts, Phillip Roberts' daughter-in-law, about $20 owed to the woman, according to testimony.
Though Cassandra Roberts acknowledged that she had purchased marijuana from Parker in the past, she said during testimony Monday that the money was borrowed for groceries.
Parker entered the house and took Roberts' cellphone after Roberts told Parker that she couldn't pay her until Monday, Roberts said.
Roberts then chased Parker into the yard, attempting to get her cellphone back, when Parker punched her six times in the head, according to Roberts' testimony.
Parker then got into her vehicle and Roberts began choking her, Roberts said.
Her husband, David Roberts, said he came out of the house after hearing the women fighting and separated the women but used a stun gun on Parker when Parker, lying on her back across the seat of her vehicle, began scratching at his wife's face.
Cassandra Roberts said she was still reaching in the vehicle, attempting to get her phone, when the woman put the SUV in reverse.


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Associated Press
Pope Francis on Friday cleared Pope John Paul II for sainthood, approving a miracle attributed to his intercession and setting up a remarkable dual canonization along with another beloved pope, John XXIII.
In a major demonstration of his papal authority, Francis decided to make John XXIII a saint even though the Vatican hasn't confirmed a second miracle attributed to his intercession. The Vatican said Francis had the power to dispense with the normal saint-making procedures to canonize John on his own merits.
To anyone who has been paying attention, Francis' decision to canonize both should come as no surprise: He was made a cardinal by John Paul and is very much a pope of the Second Vatican Council, the ground-breaking church meetings that brought the Catholic Church into the modern world which John XXIII opened a year before his death in 1963.
The council opened the church to people of other faiths and allowed for Mass to be celebrated in the languages of the faithful, rather than Latin.
John Paul, who was pope from 1978-2005, revolutionized the papacy, traveling the world and inspiring a generation of young Catholics to be excited about their faith. He was the first Polish pope and the first non-Italian in 455 years - a legacy that continued with the German-born Benedict XVI and Francis.
On the anniversary of John Paul's death this year, Francis prayed at the tombs of both John Paul and John XXIII - an indication that he sees a great personal and spiritual continuity in them.
Benedict spent much of his pontificate trying to correct what he considered wrong interpretations of Vatican II, insisting it wasn't the break from the past that liberals believed.
While not disagreeing outright with Benedict, Francis seems to take a more progressive read of Vatican II and its call to go out into the world and spread the faith - a priority he has shown in the first months of his pontificate.
The canonization ceremony is expected before the end of the year.
Polish media on Friday continued to press for an October canonization, to mark the 35th anniversary of John Paul's 1978 election, but Vatican officials have said that's too soon to organize such a massive event. Dec. 8, the feast of the Immaculate Conception, a major feast day for the church, has also been floated as a possibility.
The canonization nnouncement came shortly after the release of Francis' first encyclical, a meditation on faith that is unique because it was written with someone else: Benedict XVI.
Benedict's hand is evident throughout much of the first three chapters of "The Light of Faith," with his theological style, concerns and reference points clear.
Francis' priorities come through strongest in the final chapter, where the Argentine Jesuit insists on the role of faith in serving the common good and giving hope to those who suffer. It includes his first clear statement as pope on marriage being a union between man and woman with the aim of creating children.
The encyclical didn't appear to break new ground in church teaching; its novelty was entirely in the dual authorship, and that it was the first of Francis' nascent pontificate.
The Vatican spokesman, the Rev. Federico Lombardi, confirmed that the miracle that brought John Paul to the ranks of sainthood concerned a Costa Rican woman.
The Spanish newspaper La Razon has identified her as Floribeth Mora, and said she suffered from a cerebral aneurism that was inexplicably cured on May 1, 2011 - the day of John Paul's beatification, when 1.5 million people filled St. Peter's Square to honor the beloved Polish pontiff.
La Razon reported last month that Mora awoke with debilitating head pain on April 8 and went to the hospital, where her condition worsened to the point that she was sent home with only a month to live.
Her family prayed to John Paul, and the aneurism disappeared.
La Razon quoted her doctor, Dr. Alejandro Vargas, as saying: "It surprised me a lot that the aneurism disappeared, I can't explain it based on science." the 50th anniversary of the Council which he started, and I don't think any of us have any doubts about his virtues," Lombardi said.
In Poland, the reaction was overjoyed, as expected.
Rev. Kazimierz Sowa, the head of Religion TV channel, said on TVN that Poles are expected to flood to Rome for the ceremony.
"John Paul II was extremely popular during his lifetime and he still continues to inspire people," Sowa said. But he insisted that an October date was preferable, to accommodate the throngs expected at the outdoor ceremony.
"In their interest, I think we should expect the canonization in the fall," he said.


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Doctors at Memorial Sloan Kettering's Pituitary and Skull Base Tumor Center provide comprehensive, world-class care to patients with noncancerous tumors of the pituitary gland. We treat approximately 200 of the 1,300 such tumors diagnosed in men and women in the United States each year.
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By JIM VERTUNO and CHRIS TOMLINSON
Associated Press
AUSTIN, Texas (AP) - As hundreds of jeering and cheering protesters raised the noise to deafening levels in the Texas Senate chamber, Republicans scrambled to gather their colleagues at the podium for a stroke-of-midnight vote on some of the toughest abortion restrictions in the country.
Sen. Donna Campbell shouted to a security guard, pointing to the thundering crowd in the gallery overhead that had already been screaming for more than 10 minutes.
Campbell pleaded with the guard to help remove the crowd.
It didn't work. The noise never stopped, and despite barely beating the midnight end-of-session deadline with a vote to pass the bill, Lt. Gov. David Dewhurst said the chaos in the chamber prevented him from formally signing it before the deadline passed, effectively killing it.
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Anime director Miyazaki Retires with The Wind Rises
It was completely unexpected. But an honored master of his craft earned the right to pick his finale. It was announced at the Venice International Film Festival that Hayao Miyazaki is retiring from filmmaking, and will be making a formal announcement at a press conference in Tokyo next week. Although he has stated he would retire before, claiming Princess Mononoke was going to be his last film, he continued his work at the studio he co-founded, Studio Ghibli. Miyazaki has been a major influence on Japanese animation and is probably the only animated movie director from Japan that many Americans can name.
His best known films, Nausicaä of the Valley of the Wind, My Neighbor Totoro, Princess Mononoke, Howl's Moving Castle and Spirited Away, just to name a few, have made their way into the hearts and DVD/Blu-Ray collections of many households. His films have won much acclaim and many awards including the Academy Award for Best Animated Feature in 2002 for Spirited Away. It is also worth noting that while digital technology was used to keep up with the release deadline for Princess Mononoke, Studio Ghibli uses hand drawn animation for its projects. His final film, The Wind rises, premiered at Venice International Film Festival and will have its North American premier at the Toronto International Film Festival.
While there is a notable sadness from Miyazaki's legions of fans, it is with much respect and admiration that we wish him a fond farewell in his retirement. Studio Ghibli will continue on and we will continue to enjoy the legendary works of this legendary creator.
Written By: Victor Hernandez
Victor is a graduate of San Antonio College with a degree in Radio and Television Broadcasting. He served nine years in the Army, U.S. Army Reserve, and National Guard in electronic warfare and served one year in Iraq as an interrogator. Victor lives with his wife and cats in Texas, writes for his own blog, www.otherdimensionsandgalaxies.blogspot.com and writes for Sci Fi Pulse.


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Definition: This entry gives the gross domestic product (GDP) or value of all final goods and services produced within a nation in a given year. A nation's GDP at purchasing power parity (PPP) exchange rates is the sum value of all goods and services produced in the country valued at prices prevailing in the United States. This is the measure most economists prefer when looking at per-capita welfare and when comparing living conditions or use of resources across countries. The measure is difficult to compute, as a US dollar value has to be assigned to all goods and services in the country regardless of whether these goods and services have a direct equivalent in the United States (for example, the value of an ox-cart or non-US military equipment); as a result, PPP estimates for some countries are based on a small and sometimes different set of goods and services. In addition, many countries do not formally participate in the World Bank's PPP project that calculates these measures, so the resulting GDP estimates for these countries may lack precision. For many developing countries, PPP-based GDP measures are multiples of the official exchange rate (OER) measure. The difference between the OER- and PPP-denominated GDP values for most of the weathly industrialized countries are generally much smaller.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2012See also: GDP (purchasing power parity) map
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The Salvation Army is warning the community about a telephone scam.
Salvation Army was notified that callers were asking the locals to donate to the Salvation Army by using their credit cards.
Representatives say they have never or will ever solicit donations via telephone.
Austin Police has been notified about the scam artists.
The Salvation Army is urging anyone who has fell victim to this scam to notify their bank or credit card company immediately. Also if anyone receives a call, hang up.
KTBC FOX 7119 East 10th StreetAustin, TX 78701Phone: (512) 476-7777Fax: (512) 495-7001


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Chelsea's 1-0 victory at the Etihad Stadium on Monday night gave Jose Mourinho's side the inside track on the Premier League title. With a much more favorable run-in than their title rivals, Mourinho's men have put themselves in an advantageous position to win the title. The match at the Etihad was won by Chelsea midfield, most particularly Mourinho signings Willian and Nemanja Matić.
Manchester City's defense has been so creaky away from the Etihad this season that some, myself included, wrote off the Blues as title contenders. But following a strong spell of thirteen out of a possible fifteen points, City find themselves once again within earshot of the top of the table.
On Tuesday night in Leicester, City progressed to the semifinals of the League Cup but it was at a great cost.
FC Barcelona has been drawn to face Manchester City in the Round of 16 of UEFA Champions League 2013-14 Season. Of all the possible opponent we got the most difficult one, especially considering that Manchester City has successfully managed to change their fortunes on the road. I would have definitely preferred as Olympiakos, but that went for Manchester United.
Manchester City failed to defeat Bayern Munich in their first major showdown of the UEFA Champions League, but they did however dispatch CSKA Moscow in their first encounter with the Russian side and will hope for the same results when the Etihad plays host to their fourth round tie Tuesday evening.
Quandry for Pellegrini as City back line needs re-assessment - originally posted on Soccerlens.com
As 90 minutes ticked over at Stamford Bridge on Sunday, both Chelsea and Manchester City seemed destined to share the spoils. But then suddenly and not for the first time this season the City defence was thrown into disarray with a moment of miscommunication and panic, allowing Fernando Torres to steal in and snatch the points for Jose Mourinho's side.
A mouth-watering clash awaits as Manchester City take on Bayern Munich in the group stage of the Champions League.
With the game taking place at the Etihad, Manchester City will be confident of getting a result. City are a different team at home, the team are more organized and play with more tempo.
Nobody expected such a one-sided affair at the Etihad on Sunday, but it was Manchester City who came out 4-1 winners over Manchester United in the Manchester Derby.
Robin Van Persie missed out on the action and was spotted in the crowd and United seriously could have done with him in the side.
Premier League runners-up Manchester City are currently busy putting together plans to expand the Etihad Stadium. According toThe Independent, the blue half of Manchester could see their stadium expand to 60,000 seats, propelling them among the largest stadiums in England.
The stadium currently seats around 47,000 supporters for domestic matches, and the Citizens enjoyed an extremely impressive 99.
Many were surprised at the ease in which Carlos Tevez left Manchester City. Tevez revealed that he recently told Pellegrini that he believed his time was up at the Etihad, and Pellegrini did little to convince him otherwise – quickly offloading him for a rather modest £10 million.
So City fans are left understandably bemused by the decision, with little attacking threat left on their team sheet.
By MICHAEL KLINE
Brentford and Leeds United will be looking to catch the FA Cup upset fever ahead of their fifth round matches on Sunday against Premier League powerhouses.
A day after Oldham made Arsenal the latest FA Cup upset victim, Brentford will travel to London to face defending tournament champions Chelsea, while Leeds United heads to the Etihad to take on Manchester City.
To "get fans in the mood" on matchdays, Roberto Mancini, Vincent Kompany, Joe Hart and James Milner have all recorded tram announcements that will be used on Metrolink's new east Manchester line connecting Etihad Stadium with the center of the city.
From the Telegraph:
They will be heard for the first time on Sunday, when Manchester City take on Leeds United in the FA Cup.
They will be heard for the first time on Sunday, when Manchester City take on Leeds United in the FA Cup.
Mario Balotelli of Manchester City (Photo by Richard Heathcote/Getty Images)
Recently, there have been conflicting reports as to whether or not Manchester City striker Mario Balotelli will leave this January to AC Milan.
Adriano Galliani, vice president of the Italian club, recently stated if City were to lower the asking price for the 22-year-old he would then make a bid.
Edinson Cavani of Napoli celebrates (Photo by Maurizio Lagana/Getty Images)
According to The Sun, Manchester City have set their sights on Napoli striker Edinson Cavani.
The Uruguayan is very appealing to Roberto Mancini even more so after his recent training spat with Mario Balotelli.
Gareth Barry's late goal allowed Manchester City to close the gap on city rivals United, while the race for other two Champions League places tightened with four teams all tied on 30 points.
It looked like Roberto Mancini's side were going to drop two valuable points in the title race to United as bottom side Reading looked set to have grabbed an unlikely point at the Etihad.
A picture emerged from the Etihad this evening during City's home defeat against Chelsea.
The first banner was of David Moyes, the second of Phil Jones and the third of Sir Alex Ferguson.
So City fans have as many banners for our previous and current manager as we do. Nice one.
Ahead of Sunday's first derby of the season at the Etihad, Michael Carrick and David De Gea have expressed their belief that Wayne Rooney and Robin Van Persie are on course to develop into a fearsome partnership.
Van Persie and Rooney were both on target against Crystal Palace on Saturday and they delivered again on Tuesday, as United put four past Bayer Leverkusen in their opening Champions League match of the season.
After departing their title celebrations, Rio Ferdinand, Nemanja Vidic and Robin Van Persie all hopped in a cab. A blue cab. Etihad decided to use the photo in an ad in the Manchester Evening and everybody comes out looking like winners; Etihad for its humor and Manchester United for, well, actually being the winners.
Manchester United won the Premier League title with a victory over Aston Villa on Monday. That night, they celebrated taking the title back from Man City with a night on the town that ended with several players — including Nemanja Vidic and Rio Ferdinand — getting into a blue cab completely covered in an ad for Man City shirt and stadium sponsor Etihad.
The Manchester Derby has become a goal-scoring spectacle in recent seasons. Score lines with at least five goals seem common now when the blue and red sides of Manchester clash and Sunday's fixture at the Etihad was no exception.
Manchester City jumped out to an early lead and made things even worse for United when they grabbed a second before the half.
Make no mistake about it, Newcastle United are going to have a better season this time around.
Last year's travails were related to The Europa League, nothing else, as Swansea will find out in due course, perhaps already are looking at yesterday's result.
Can Newcastle spring a surprise at The Etihad?
In many ways, yesterday's was arguably United's worst performance of the David Moyes era, perhaps with the exception of the 4-1 shellacking the Reds suffered at the Etihad earlier last month.
Granted, United showed the fighting spirit of old in 10 spirited minutes and managed to turn a game on its head with two late goals but however welcome the win was, it was yet again a case of papering over the cracks.
In City's penultimate game at the Etihad against West Brom this evening, the blues again made a mockery of their claim that Manchester belongs to them.
By Alan Duffy
Following in the tiny superstar footsteps of Tom Cruise, David Hasselhoff visited the home of Manchester City on Tuesday to watch the Citizens take on Stoke.
Star of Baywatch and uniter of East and West Germany, the Hoff even managed to get his hands on Yaya Tourés shirt after the game.
Manchester City 1-0 Reading Premier League 22nd December 2012
The unlikely figure of Gareth Barry was the goal-hero for Man City on Saturday, after the champions struggled to break down a well-organised Reading side.
Coming to the Etihad on the back of that 5-2 drubbing by Arsenal, the Royals were expected to suffer a right hammering by the Citizens.
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No matter where you look, you almost always see them.
No matter where you drive, you run into them — unless you're quick enough to dodge them.
Potholes are dotting the city's main streets and back roads, causing a nuisance for residents and forcing workers to repair them.
Crews have been filling the holes, which are more numerous than usually seen at this time of year.
The other day, Mayor James Fiorentini even got in on the act, tossing some filler onto a road that needed repairs.


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The quick arrival of Richmond police and arrest of an Indiana man put a stop to a dangerous domestic violence incident.
Neil D. Dove, 41, of Butler, Ind., was charged Tuesday with second-degree burglary, fourth-degree assault and possession of synthetic marijuana.
Officers responded to a call at 8:07 a.m. about an assault in progress in the 400 block of Big Hill Avenue, according to an RPD report. When they arrived, the officers learned that Dove had previously been in a relationship with the female resident.
Dove had moved out of the home two weeks ago, but he had been making threats to the woman throughout the week, the report stated.
Dove arrived at the residence unannounced Tuesday morning and forced his way in, the RPD report stated. He tackled the woman, but she was able to escape and run out of the apartment, according to police.
The man chased her down and took her back inside the apartment, after which the officers arrived.
Dove was arrested and a search found that he had synthetic marijuana in his possession, according to the report. He was taken to the Madison County Detention Center.
Couple shoplifts paint supplies from craft store
The manager of Michael's in the Richmond Centre reported Monday that a couple had shoplifted several items and attempted to return them.
The man and woman reportedly took a jug of Mona Lisa paint thinner, a jug of brush cleaner and a tub of Artist Loft primer and placed the items in a cart, the RPD report stated.
Next, they took the items to the return counter and attempted to get a refund, claiming they had purchased the merchandise.
When a clerk declined to give them a refund, the couple left the store with the stolen items, which are worth a total of $93.


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I first saw the 'dead eyes' look of a poker player/loser when I was 13 or so. Still gives me restless nights and I know I cannot become that way.
My dad took me into the "stockman's bar" in Billings, Montana to impress upon me what degenerate, greedy people turn into.
Probably another sleepless tonight tormented by that devil.
Gary Rogan asks:
What is the real difference between gambling and speculation (if you take drinking out of the equation)? Is it having a theory about the odds being better than even and avoiding ruin along the way?
Tim Melvin writes:
I will leave the math side of that answer to those better qualified than I, but one real variable is the lifestyle and people with whom one associates. A speculator can choose his associates. If you have ever been a guest of the Chair you know he surrounds himself with intelligent cultured people from whom he can learn and whom he can teach. There is good music, old books, chess and fresh fruit. The same holds true for many specs I have been fortunate to know.
Contrast that to the casinos and racetracks where your companions out of necessity are drunks, desperates, pimps, thieves, shylocks, charlatans and tourists from the suburbs. Even if you found a way to beat the big, the world of a professional gambler just is not a pleasant place.
Gibbons Burke writes:
Here is something I posted here before on this distinction…
Being called a gambler shouldn't bother a speculator one iota. He is not a gambler; being so called merely establishes the ignorance of the caller. A gambler is one who willingly places his capital at risk in a game where the odds are ineluctably, mathematically or mechanically, set against the player by his counter-party, known as the 'house'. The house sets the odds to its own advantage, and, if, by some wrinkle of skill or fate the gambler wins consistently, the house will summarily eject him from the game as a cheat.
The payoff for gamblers is not necessarily the win, because they inevitably lose, but the play - the rush of the occasional win, the diversion, the community of like minded others. For some, it is a desire to dispose of money in a socially acceptable way without incurring the obligations and responsibilities incurred by giving the money away to others. For some, having some "skin in the game" increases their enjoyment of the event. Sadly, for many, the variable reward on a variable schedule is a form of operant conditioning which reinforces a compulsive addiction to the game.
That said, there are many 'gamblers' who are really speculators, because they participate in games where they develop real edges based on skill, or inside knowledge, and they are not booted for winning. I would include in this number blackjack counters who get away with it, or poker games, where the pot is returned to the players in full, minus a fee to the house for its hospitality*.
Speculators risk their capital in bets with other speculators in a marketplace. The odds are not foreordained by formula or design—for the most part the speculator is in full control of his own destiny, and takes full responsibility for the inevitable losses and misfortunes which he may incur. Speculators pay a 'vig' to the market; real work always involves friction. Someone must pay the light bill. However the market, unlike the casino, does not, often, kick him out of the game for winning, though others may attempt to adapt to or adopt his winning strategies, and the game may change over time requiring the speculator to suss out new rules and regimes.
That said, there are many who are engaged in the pursuit of speculative profits who, by their own lack of skill are really gambling; they are knowingly trading without an identifiable edge. Like gamblers, their utility function is not necessarily to based on growth of their capital. They willingly lose their capital for many reasons, among them: they enjoy the diversion of trading, or the society of other traders, or perhaps they have a psychological need to get rid of lucre obtained by disreputable means.
Reduced to the bare elements: Gamblers are willing losers who occasionally win; speculators are willing winners who occasionally lose.
There is no shame in being called a gambler, either, unless one has succumbed to the play as a compulsion which becomes a destructive vice. Gambling serves a worthwhile function in society: it provides an efficient means to separate valuable capital from those who have no desire to steward it into the hands of those who do, and it often provides the player excellent entertainment and fun in exchange. It's a fair and voluntary trade.
Kim Zussman writes:
One gambles that Ralph and/or Rocky will comment.
Leo Jia adds:
From the perspective of entering trades, I wonder if one should think in this way:
speculators are willing losers who often win; gamblers are willing winners who often lose.
David Hillman adds:
It is rare to find a successful drug lord who is also a junkie.
Craig Mee writes:
One possible definition might be "a gambler chases fast fixed returns based on luck, while a speculator has time on his side to let the market decide how much his edge is worth."
Bill Rafter comments:
Perhaps the true Speculator — one who is on the front lines day after day — knows that to win big for his backers, he HAS to gamble. His only advantage is that he can choose when to play.
Anton Johnson writes:
A speculator strives to be professional, honorable, intellectual, serious, analytical, calm, selective and focused.
Whereas the gambler is corrupt, distracted, moody, impulsive, excitable, desperate and superstitious.
Jeff Watson writes:
I know quite a few gamblers who took their losses like men, gambled in a controlled (but net losing manner), paid their gambling debts before anything else, were first rate sports, family guys, and all around good characters. They just had a monkey on their back. One cannot paint with a broad brush because I have run into some sleazy speculators who make the degenerates that frequent the Jai-Alai Frontons, Dog Tracks, OTB's, etc look like choir boys.
anonymous writes:
Guys — this is serious, not platitudinous, and I can say it from having suffered the tragic outcomes of compulsive gambling of another — the difference between gambling and speculating is not the game, the company kept, the location, the desperation or the amounts. The only difference is that a gambler, when asked of his criterion, when asked why he is doing this, will respond with "To make money."
That's how a compulsive gambler responds.
Proper money management, at its foundation, requires the question of criteria be answered appropriately, and in doing so, a plan, a road map to achieving that criteria can be approached.
Anton Johnson writes:
It's not the market that defines whether a participant is a Gambler or a Speculator, it's his behavior.
Gibbons Burke writes:
That's the essence of my distinction:
"gamblers are willing losers who occasionally win"
That is, gamblers risk their capital on propositions where the odds are either:
- unknown to them
- cannot be known
- which actual experience has shown to have negative expectation
- or which they know with mathematical precision to be negative
They are rewarded for doing so on a random schedule and a random reward size, which is a pattern of stimulus-response which behavioral scientists have established as one which induces the subject to engage in the behavior the longest without a reward, and creates superstitious as well as compulsive behavior patterns. Because they have traded reason for emotion, they tend not to follow reasonable and disciplined approach to sizing their bets, and often over bet, leading to ruin.
"speculators are willing winners who occasionally lose." That is, speculators risk their capital on propositions where the odds are:
- known to have positive expectation, from (in increasing order of significance) theory, empirical testing, or actual trading experience
They occasionally get unlucky, and have losing streaks, but these players incorporate that risk into the determination of the expectation. Because their approach is reason-based rather than driven by emotion, they usually have disciplined programs for sizing their bets to get the maximum geometric growth of their capital given the characteristics of the return stream, their tolerance for drawdown.
If a player has positive expected value on a bet, then it is not a gamble at all. The house does not gamble. It builds positive expectation into its games. It is a willing winner, although it occasionally loses.
There are positive aspects of gambling, which I have pointed out earlier in the thread and won't belabor. To say that "all gambling is bad" is to take the narrowest view. Gamblers who are willing losers (by my definition all are) provide the opportunities for willing winners (i.e., speculators) to relieve gamblers of the burden of capital they clearly have no desire to hold onto, or are willing to trade in a fair exchange for the excitement of the play, to enable their alcoholic habit, to pass the time, to relieve their boredom, to indulge delusions of grandeur at the hoped-for big win, after which they will quit playing, or combinations of all of the above.
Duncan Coker writes:
I found Trading & Exchanges by Larry Harris a good book on this topic and he defines all the participants in the exchanges and both gambler and speculators have a role to play. Here is something taken from page 6 that make sense to me: "Gamblers trade to entertain". Speculators to "trade to profit from information they have about future prices."
He divides speculators into those that are well informed versus those that are not. One profits at the expense of the other. Investors "use the markets to move money from the present into the future". Borrowers do the opposite.
6 Comments so far
Andre Wallin on
May 14, 2013 3:43 pm
A speculator knows his market better than practically everyone else and can beat it by virtue of some genetic trait that allows him to have an edge. The speculator has also created a system to not allow his weaknesses to kill him. His intentions are as pure as possible like those in Letters from a Self Made Merchant Man to His Son.
Mark Johnson VIP Sales White Glove Moving on
May 14, 2013 5:48 pm
Certainly everyone can see the difference between hoping that bonds rise, a stock goes down, betting on a Football game, Horse #6 to win, the flip of a card in black jack etc.,
Ok the sports bettor can say we had the game in hand but then Jones fumbles-We were leveraged to the hilt with bonds but then this Central bank did this and-On paper our horse looked great, best jockey but the 7 slipped around him on the outside and won-the black jack player says the idiot before shoulda stayed but instead got hit with what should have been my card so I lost the hand.
The professional group that takes out millions from the race track or the computer group that takes out millions from the sports books is no different than the hedge fund or trader that is taking from the market.
There are degenerate traders using drugs, drinking, nightly hookers.
Insider trading etc., No different from the hard drinking "gambler"
Everyone is in the game for the money. Nice to say tho that "i'm not in it for the money, however enjoy the challenge and the math of beating the game"
Really at the end of the day there is no difference between a professional Race track group or a Hedge fund.
Ed on
May 14, 2013 7:36 pm
I find Anon's notion that "to make money" as an answer to a question defines a gambler to be bizarre. Gambling occurs when one takes risk with no reasonable expectation of an edge. Speculation can be gambling and usually is, but intelligent or advantaged speculation is also possible.
Harry Balzer on
May 15, 2013 8:40 am
as long as you hang out with people who enjoy "good music, old books, chess and fresh fruit", it's okay to lever up and blow away the investor's capital.
bo keely on
May 15, 2013 10:01 am
There are no old gamblers in the market, only speculators. In wilderness survival there are injured and dead gamblers, and a handful of living speculators.
Cristian on
May 17, 2013 3:55 am
in their world, one man can bluff(Poker Texas hold 'em), the other man can't bluff with himself..
one man can bet all the money (all in), the other man bet only a little %percentage of his capital…
one man play against some different persons, one man play against different milions strategies/idea of trading…
one man could play a bad hand, the speculator play only when the condition are favorable…
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text:
1688 Glorious revolution (bourgeois)
1694 Formation of the Bank of England
1766 American declaration of independence
1789 French revolution begins
1791 Paine's Rights of Man published
1792 London Corresponding Society formed
1795 Speenhamland scale of relief adopted
1799 First Combination Act; suppression of corresponding societies
1800 Second Combination Act
1801 General Enclosure Act
1811/12 Luddite riots
1819 Peterloo massacre. First factory Act
1824 Combination Acts repealed
1825 Combination laws reintroduced
1829 Owenite coopteratlve societies founded
1830 Agricultural labourers' riots
1832 Reform Act
1833 Grand National Consolidated Trades Union
1834 New poor law. Trial of Tolpuddle Martyrs. Break up of the unions
1838 The Charter issued
1839 Chartist convention and petition. Newport uprising
1842 Second chartist petition. General strike
1844 Rochdale pioneers start co-operative store
1845 National Association of United Trades formed
1846 Combination laws repealed
1847 Ten hours Act
1848 Third chartist's petition
1851 Amalgamated society of Engineers formed
1860 London trades council formed
1861 Amalgamated society of Carpenters and Joiners formed
1863 Co-operative wholesale society formed
1864 First Trades Union Congress
1867 Reform Act
1870 Education Act
1871 Formation of the Stevedores and Dockers union. Trade union Act. Criminal Law amendment Act
1872 National agricultural labourers union formed. Trade union amendment Act Major changes in company law
1881 Social Democratic Federation formed
1883 Fabians society formed
1884 Reform Act
1888 New union movement. Miners federation formed. Match girls strike Gasworkers strike
1889 Formation of unskilled workers into unions resulting in major labour unrest including the London docks strike. Scottish Labour Party formed
1892 3 Independent Labour MPs elected
1893 Independent Labour Party formed
1900 Labour Representation Committee formed
1901 Taff vale judgment
1906 Labour Representation Committee becomes the Parliamentary Labour Party
1908 Plebs League - movement for independent working-class education
1909 Osborne judgement
1911 Transport strikes
1912 Miners' strike. Daily Herald published
1913 National Union of Railwaymen formed
1914 World War I begins
1915 Clyde strikes. Shop Stewards movement
1917 Russian revolution
1918 World War I ends
1919 Versailles treaty. Boom begins. League of Nations begins
1921 Boom ended. Miners lockout. Black Friday. Communist Party founded
1922 Engineering lockout. Fascist coup in Italy
1924 First Labour government.
1926 General strike.
1927 Trades Disputes Act.
1929 Second Labour government.
1930 Daily Worker published
1931 'National' government formed
1932 Japan invades Manchuria
1933 Nazi party comes to power
1935 Abyssinian crisis. Mass unemployment. Government rejects Keynesian economics. Roosevelt brings in the Keynesian New deal
1937 Japan invades China
1938 Nazis invade Austria. Munich settlement
1939 Nazis invade Czechoslovakia. Nazi-Soviet pact. World War II begins
1940 Chamberlain government overturned. Fall of France
1941 Nazis invade Russia. Japan attacks US
1945 Victory over Germany and Japan. Labour government elected leading to National Health Service, education reform, trade union reform, nationalisation of major industries
1951 Labour government defeated. Conservative government elected. Adopts one-nation policy (accepts labour reforms)
1964 Labour government elected. Major social reforms
1970 Conservative government elected
1974 Labour government elected
1979 Conservative government elected. Margaret Thatcher becomes leader rejects one-nation toryism and keynesian economics in favour of monetarism. Confrontation with trade union movement
1990 The Soviet Union collapses
1994 New Labour dumps clause IV
1997 Tony Blair elected Prime Minister in landslide victory. Blair and Chancellor Gordon Brown believe in monetarism. Minimum wage introduced and Trade union rights at GCHQ restored
2001 Labour returned for second term
2003 Anti Iraq war demonstration of 2 million people. Blair joins Bush in invasion of Iraq
2005 The Labour Party win a third term for Blair with reduced majorityFour terror attacks on London's transport network directly linked to the Iraq invasion. 37 people dead and 700 injured
2007 Gordon Brown New Labour Prime Minister after Blair steps down
2008 Britain intensifies military role in Afghanistan
2009 Collapse of Freemanite monetarism. Recession. New Labour Government returns to Keynesian economics. Part nationalises banking system. Unemployment rises
2010 The United Kingdom general election result was inconclusive. Conservatives form a coalition government with the Liberals, and set about rolling back the state
2011 Over 700,000 demonstrators march through London to protest about government cuts, meanwhile the coalition government spends millions enforcing a no fly zone over Libya
© Labour History Movement Publications 2011
This Abridged History ©Terry McCarthy is available to buy as a book, price £7.99 + p&p.


text:
Niagara Gazette
Niagara Gazette — Malroie Gagnon scored three minutes into the first overtime period and Holly Rudolph added a goal five minutes into the second period of extra time to give the Wilson girls soccer team a 2-0 win over Akron and sole possession of first place in the Niagara-Orleans League.
Grace Adams earned her ninth shutout of the season in net with 10 saves and earned an assist on Rudolph's goal. Hannah Johnson, Jamie Curry and Angela Goodman all played outstanding defense in the win.
Wilson improves to 11-1-1 overall and 9-1-1 in league on the season.
Niagara Catholic 2, Immaculata 0
Marina Campbell and Gina Franjoine both scored and Hannah Reilly played strong defense for the Patriots (5-3 MMAA).
Iroquois 2, Starpoint 1
Veronica Bellardini scored her sixth goal of the season for the Spartans (5-6-1).
Tonawanda 6,
Lackawanna 0
Paula Pinkert, Jessica Bowser, Kalyn Compeau, Alex Moore, Megan Tuskes and Meghan Thomas all scored for the Warriors (8-4, 6-2 ECIC IV).
Lackawanna 5, Tonawanda 3
Nate Holler scored two goals and Jake Choate added another, but it wasn't enough for the Warriors (6-4-1, 4-2-1 ECIC IV).
Starpoint 3,
W. Sen. East 0
Dan Joseph had eight kills and Brett Kane had 12 assists for the Spartans (6-7, 4-4 ECIC II) in the 26-24, 25-16, 25-20 league win.
Nia.-Wheatfield 3,
Ken East 0
Katie Mazierski had 19 kills and seven digs, Bailey Salemi had 10 kills and Rachel Coddington had four kills and one block for the Falcons (7-4, 7-3 NFL) in their 31-29, 25-13, 25-16 win over Kenmore East (1-10, 1-9 NFL).
Mount Mercy 3,
Niagara Catholic 1
Shannon Lawson had 12 kills, 10 aces, 17 digs and three assists to lead the Patriots (4-7, 2-7 MMAA) in the 25-15, 19-25, 21-25, 30-32 loss. Jessica Chandler added nine kills, five digs and three blocks and Marissa Ruffolo had two kills, six blocks, four digs and an ace.
Ken East 243,
Grand Island 272
Mike Davern medalled for the Bulldogs (13-1 NFL), shooting a 1-under 35 at River Oaks. Adam Kroll added a 38 and Ricky Shotwell had a 40 in the win. Tom Corrao led Grand Island (7-7) with a 40, and Kevin Borowicz added a 41.
Nia.-Wheatfield 246, Lockport 256
Jeff Janese shot a 39 at Tan Tara to medal for the Falcons (11-3 NFL). Zach Dubuc and John Liberti shot 40s in the win, while J.J. Napoli led the Lions (11-3) with a 41.
Grand Island 4,
Niagara Falls 1
Pairings of Liana Buscaglia and Emilie-Jo Scheffler and Ruby Kaur and Alex Filips swept doubles for the Vikings (9-4 NFL). Isabel Eligino picked up the only win for Niagara Falls (4-8) in first singles.
Lew-Port 3, Ken West 2
On Senior Night, 12th-grader Dionna Moon won third singles and classmates Sara Cattarin and Gabe Porto won first doubles for the Lancers (5-8 NFL). Haley Diamond and Audrey Filey won extended singles matches for the Blue Devils (4-9).
Nia.-Wheatfield 5,
Ken East 0
Liz Barrett, Bri Fiorita and Karyn Kalita swept singles for the Falcons (12-0 NFL), who didn't lost a set.
Lockport 3, North Tonawanda 2
Delaney Portka won third singles for the Lions (11-1 NFL). Gretchen Ringler and Jessica Robbins won first and second singles to lead the Lady Jacks (4-8).


text:
Real Love Is Real Food
We show our love for our family and friends in many ways, not the least being food. We take a treat to a new neighbor. We take soup to a sick friend. We bake a cake for a birthday. We prepare a special meal for our husband or wife.
So what does it say when we give our kids a Lunchable? Or buy a friend a Coke? After you read this article on processed foods, you might reconsider.
Our busy lives demand convenience, and we look for it in our food. We're also demanding ever increasing quantities of that dangerous trifecta of sugar, salt and fat, thanks to food scientists in mega labs who manipulate processed products to induce consumer cravings. But the price that we're paying with our health is too dear.
We at Average Joe Artisan Bread encourage you to know what's in your food. To use whole ingredients. To eat real food. And to give your friends and family real food, too. Maybe even something homemade. Now that's love!


text:
Was out sick yesterday due to a headache. Not that there's really all that much stress in my life. Yeah, right. Hubby is STILL on strike, even though most of the strike has been settled…the Mid-Atlantic branch of the union is still bargaining on some things. He is itching to get back to work. As much as I love having him home, I'm itching for him to go back to work! Money is tight, but we should be able to make it. I'm a whiz at stretching money…we're so used to living paycheck to paycheck anyways, I really don't think we'd know how to handle things if we actually did have money saved away.
He picked up his first (and hopefully ONLY) "strike relief fund" check yesterday. The money will definitely help, and it sits socked away in our savings account. If we can get through the next two weeks without touching it, we'll be good to go.
Sometimes I hate being optimistic, but it does look like the strike will be ending for him sometime this week. I pray that it does, otherwise I'm not going to have any money at all when I go away next week!
And I'm so looking forward to my vacation. My birthday is nine days away (yippee…two years closer to thirty!), my party on the 1st, and then I'm off to Sea Isle in New Jersey with my parents. Four blissful days of peace and quiet. Sun, sand and stitching. Oh, and wondering what the hubby is doing…
And wondering if my cats have been fed!
8-ball session starts up again tonight. I'm really looking forward to this new session.


text:
Originally posted at 12:46 p.m. June 16, 2014. Edited with new details.
Thousands of Los Angeles Kings fans lined Figueroa Street today to get a glimpse of the Stanley Cup champions -- and the Stanley Cup itself -- during a victory parade celebrating the team's second NHL title in the past three seasons.
Kings players and their families -- along with coaches, team staff, broadcasters, team mascot Bailey and the Ice Crew -- celebrated aboard double- decker buses and a flat-bed truck that paraded from Fifth and Figueroa streets to Staples Center. Also along for the ride were the Stanley Cup, Conn Smythe Trophy and Clarence Campbell Cup.
Some fans began staking out locations along the parade route as early as 4:30 a.m. to ensure prime viewing.
"I haven't been to any of their games, but I've been watching with my dad," one young fan told ABC7 along the parade route while waiting for the procession to begin.
As the team and the trophies were driven along the parade route, fans cheered wildly, shouting in unison, "Go Kings go" and "We got the Cup!"
As the parade reached the area of Staples Center, confetti rained down on the crowd and the team.
When the half-hour parade ended, parade participants climbed down from the buses and made their way into the arena for a sold-our rally. The rally will include video highlights from the season, introductions of the team, coaching staff and executives and speeches by many of the players.
The Kings clinched the Cup Friday night when Alec Martinez scored 14 minutes, 43 seconds into the second overtime to defeat the New York Rangers in Game 5 of the Stanley Cup Final. The goal ended the longest game in the Kings' 46 seasons of play.
--City News Service