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July 11, 2006
IN HAMDAN v. RUMSFELD
Thank you, Mr. Chairman, Ranking Member Leahy, and Members of the Committee. I appreciate the opportunity to appear here today to discuss the Supreme Court's decision in Hamdan v. Rumsfeld.
Hamdan is a decision without historical analogue. Since the Revolutionary War, the United States has used military commissions in time of armed conflict to bring to justice unlawful combatants for violations of the laws of war. Indeed, Hamdan recognized that the Supreme Court itself has sanctioned the use of military commissions on multiple occasions in the past. Yet the Court in Hamdan held that the military commissions that the President established were inconsistent with the Uniform Code of Military Justice and the Geneva Conventions.
The Court's reasoning in Hamdan may be surprising and disappointing to many of us, but it is not my intent to reargue the case this morning. The Administration will, of course, as the President has said, abide by the decision of the Court.
It is important to point out that the Court did not call into question the authority of the United States to detain enemy combatants in the War on Terror, and that the Court's decision does not require us to close the detention facilities at Guantanamo Bay or release any terrorist held by the United States. Moreover, the Court implicitly recognized several fundamental Government positions: The Court confirmed our view that the atrocities committed by al Qaeda on September 11 have triggered our right to use military force in self-defense and that we are involved in an armed conflict with al Qaeda to which the laws of war apply.
And the Supreme Court made clear that its decision rested only on an interpretation of current statutory and treaty-based law. The Court did not address the President's constitutional authority and did not reach any constitutional question. Indeed, the Court did not accept the petitioner's arguments that the Constitution precludes the use of military commissions.
Therefore, the Hamdan decision now gives Congress and the Administration a clear opportunity to work together to address the matters raised by the case, including the appropriate procedures governing military commissions. As Justice Breyer stated in his separate opinion, "Nothing prevents the President from returning to Congress to seek the authority he believes necessary."
In its decision, the Court also addressed the application of the Geneva Conventions to al Qaeda fighters in our War on Terror. On this point, it is important to emphasize that the Court did not decide that the Geneva Conventions as a whole apply to our conflict with al Qaeda or that members of al Qaeda are entitled to the privileges of prisoner of war status. The Court did hold, rather, that the basic standards contained in common Article 3 of the Geneva Conventions apply to the conflict with al Qaeda.
Of course, the terrorists who fight for al Qaeda have nothing but contempt for the laws of war. They have killed thousands of innocent civilians in New York, Washington, and Pennsylvania--and thousands more in London, Madrid, Kenya, Tanzania, Yemen, Jordan, Indonesia, Iraq, and Afghanistan. They advocate unrestrained violence and chaos. As a matter of course, they kidnap relief aid workers, behead contractors, journalists, and U.S. military personnel, and bomb shrines, wedding parties, restaurants, and night clubs. They openly mock the rule of law, the Geneva Conventions, and the standards of civilized people everywhere, and they will attack us again if given the chance.
The Supreme Court's conclusion that common Article 3 applies to members of al Qaeda is a significant development that must be considered as we continue the healthy discussion between the political Branches about the standards and procedures that ought to govern the treatment of terrorist detainees.
Courts-Martial and Military Commissions
In moving forward after Hamdan, the basic question we must answer together is how best to pursue the prosecution of al Qaeda and other terrorists engaged in armed conflict with the United States.
The Hamdan majority held that Congress had greatly restricted the President's authority to establish procedures for military commissions. The Court read the Uniform Code of Military Justice, or "UCMJ," to require presumptively that captured enemy combatants, including unlawful combatants such as al Qaeda terrorists, are entitled to the very same military court-martial procedures that are provided for the members of our Armed Forces.
In trying al Qaeda terrorists for their war crimes, we firmly believe that it is neither appropriate as a matter of national policy, practical as a matter of military reality, nor feasible in protecting sensitive intelligence sources and methods, to require that military commissions follow all of the procedures of a court-martial.
For example, when members of the U.S. Armed Forces are suspected of crimes, the UCMJ, in Article 31(b), provides that they must be informed of their Miranda rights, including the right to counsel, prior to any questioning. The right of access to a lawyer in the military justice system is even more protective than in civilian courts, since it applies as soon as the service member is suspected of an offense. Granting terrorists prophylactic Miranda warnings and extraordinary access to lawyers is inconsistent with security needs and with the need to question detainees for intelligence purposes. The very notion of our military personnel regularly reading captured enemy combatants Miranda warnings on the battlefield is nonsensical.
The rules that apply to courts-martial under the UCMJ also impose strict requirements on the admission of evidence in court-martial proceedings that are wholly unworkable for military commission trials of unlawful combatants in the War on Terror. Court-martial rules require that the chain of custody for evidence be preserved, and that all documents admitted be painstakingly authenticated. But it is extremely difficult during an armed conflict to gather evidence in a way that meets strict criminal procedure requirements, whether collected on the battlefield, during military intelligence operations, or during interrogations of detainees.
Furthermore, court-martial rules prohibit the use of hearsay in ways very similar to the civilian rules of evidence. Yet reliable hearsay statements from the battlefield and from fellow terrorists are often the only probative evidence readily available. In these situations, use of court-martial procedures may mean that the most relevant and probative evidence will be inadmissible. Securing properly sworn and authenticated evidence would also require members of the Armed Forces to leave the front lines to attend legal proceedings, in effect, requiring them to fight al Qaeda members twice, once on the battlefield and then again through legal proceedings.
Article 46 of the UCMJ, and the procedures prescribed under it, require that prosecutors share classified information with the accused if the information will be introduced as evidence at trial. We cannot put at risk our Nation's most sensitive secrets in the War on Terror by exposing them to terrorist detainees. The disclosure of classified information about intelligence sources and methods would compromise national security and could endanger the lives of Americans at home and around the world. That is a risk that can be avoided, while still ensuring that military commission trials are fundamentally fair.
The insistence upon the protections of the UMCJ may not always be easy in the military justice system, but it is often impossible on the battlefields of the present conflict. Our forces are dedicated to fighting this armed conflict; unsurprisingly, they cannot be expected to focus on the law enforcement tasks of gathering evidence and conducting criminal investigations. Such duties would, at best, distract from the military's central mission--fighting and winning the war. Congress has never embraced the notion that dangerous foreign terrorists are entitled to the same procedural protections as American citizens who risk their lives for the Nation.
All of the issues with military commissions identified by the Supreme Court can be addressed and resolved through legislation. The Administration stands ready to work with Congress to do just that. We would like to see Congress act quickly to establish a solid statutory basis for the military commission process, so that trials of captured al Qaeda terrorists can move forward again.
The United States may continue to detain the terrorists we have captured. But as of right now, we cannot effectively punish those who have committed war crimes. That is unacceptable.
The Court's Jurisdiction Under the DTA
In addition to developing appropriate procedures for military commissions, we will need to consider carefully how any new legislation should clarify the scope of judicial review. In this connection, I want to comment briefly on the Court's threshold conclusion in Hamdan that it was proper for the Court to exercise jurisdiction over the case.
The role of the Supreme Court in the separation of powers depends crucially upon the principle that the jurisdiction of federal courts extends only to cases that properly arise under the laws enacted by Congress. Last December, in the Detainee Treatment Act of 2005, Congress expressly established procedures for the review of military commission decisions. The DTA provided that judicial review of military commission proceedings would be strictly limited to post-trial review of the final judgments of military commissions; the DTA expressly deprived the federal courts of jurisdiction to hear pre-trial habeas petitions, such as Hamdan's.
It has long been a canon of interpretation, firmly established by what the dissenting Justices called "[a]n ancient and unbroken line of authority," that statutes removing jurisdiction from the courts have immediate effect in all pending cases. Congress was entitled to legislate against the background of that traditional canon when it enacted the DTA. Hamdan makes clear, however, that if Congress seeks to limit the Court's jurisdiction in future cases, it may be well advised to enact statutory provisions that are ironclad and leave absolutely no wiggle room with respect to Congress's intent.
Common Article 3 of the Geneva Conventions
Finally, we will need to address the Court's ruling that common Article 3 of the Geneva Conventions applies to our armed conflict with al Qaeda.
The United States has never before applied common Article 3 in the context of an armed conflict with international terrorists. When the Geneva Conventions were concluded in 1949, of course, the drafters of the Conventions certainly did not anticipate, and did not agree to cover, armed conflicts with international terrorist organizations such as al Qaeda.
In directing that our Armed Forces would treat all detainees humanely regardless of their legal status, the President specifically determined in February 2002 that common Article 3 does not apply to the conflict with al Qaeda on the ground that the War on Terror is decidedly an "international" conflict. It involves the projection of U.S. force to different states to combat a transnational terrorist movement with global reach and a proven record of targeting the United States in multiple countries. The President's conclusion on this point was plainly reasonable. Indeed, it reflects what is a fundamental truth about the Geneva Conventions--that they were not designed as a framework for addressing the kind of conflict we are in with al Qaeda.
We are now faced with the task of implementing the Court's decision on common Article 3. Last year, Congress engaged in a significant public debate on the standard that should govern the treatment of captured al Qaeda terrorists. Congress codified that standard in the McCain Amendment, part of the Detainee Treatment Act, which prohibits "cruel, inhuman, or degrading treatment or punishment," as defined by reference to the established meaning of our Constitution, for all detainees held by the United States, regardless of nationality or geographic location. Congress rightly assumed that the enactment of the DTA settled questions about the baseline standard that would govern the treatment of detainees by the United States in the War on Terror.
That assumption may no longer be true. By its interpretation of common Article 3 in Hamdan, the Supreme Court has imposed another baseline standard--common Article 3--that we must now interpret and implement.
On the one hand, when reasonably read and properly applied, common Article 3 will prohibit the most serious and grave offenses. Most of the provisions of common Article 3 prohibit actions that are universally condemned, such as "violence to life," "murder," "mutilation," "torture," and the "taking of hostages." These are a catalog of the most fundamental violations of international humanitarian law. In fact, they neatly sum up the standard tactics and methods of warfare utilized by our enemy, al Qaeda and its allies, who regularly perpetrate gruesome beheadings, torture, and indiscriminate slaughter through suicide bombings. Consistent with that view, some in the international community, including the International Committee of the Red Cross, have stated that the actions prohibited by common Article 3 involve conduct of a serious nature.
On the other hand, although common Article 3 should be understood to apply only to serious misconduct, it is undeniable that some of the terms in common Article 3 are inherently vague. Common Article 3 prohibits "[o]utrages upon personal dignity, in particular, humiliating and degrading treatment," a phrase that is susceptible of uncertain and unpredictable application. It is also unclear what precisely is meant by "judicial guarantees which are recognized as indispensable by civilized peoples."
Furthermore, the Supreme Court has said that in interpreting a treaty provision such as common Article 3, the meaning given to the treaty language by international tribunals must be accorded "respectful consideration," and the interpretations adopted by other state parties to the treaty are due "considerable weight." Accordingly, the meaning of common Article 3--the baseline standard that now applies to the conduct of U.S. personnel in the War on Terror--would be informed by the evolving interpretations of tribunals and governments outside the United States. Many of these interpretations to date have been consistent with the reading that we would give to common Article 3. Nevertheless, the application of common Article 3 will create a degree of uncertainty for those who fight to defend us from terrorist attack.
We believe that the standards governing the treatment of detainees by the United States in the War on Terror should be certain, and that those standards should be defined by U.S. law, in a manner that will fully satisfy our international obligations.
The meaning and application of the vague terms in common Article 3 are not merely academic questions. The War Crimes Act, 18 U.S.C. § 2441, makes any violation of common Article 3 a felony offense.
The difficult issues raised by the Court's pronouncement on common Article 3 are ones that the political Branches need to consider carefully as they chart a way forward after Hamdan. We think this, too, is an area that Congress should address.
* * *
Notwithstanding the problematic aspects of the Court's opinion I have described, the decision in Hamdan gives the political Branches an opportunity to work as one to reestablish the legitimate authority of the United States to rely on military commissions to bring the terrorists to justice. It is also an opportunity to come together to reaffirm our values as a Nation and our faith in the rule of law.
We in the Administration look forward to working with Congress to protect the American people and to ensure that unlawful terrorist combatants can be brought to justice, consistent with the Supreme Court's guidance. I look forward to discussing these issues with the Committee this morning.
Thank you, Mr. Chairman.
# # #


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Last updated on 03/15/14 UTC
Long Lake Overview
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subset: commoncrawl


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Mace crosses Interstate 80 and is the first Davis exit when coming from Sacramento. Mace continues south from I-80 and becomes County Road 104.
Northbound with El Macero on the right
To the south of Interstate 80
Putah Creek flows under Mace Boulevard south of Davis.
To the north of Interstate 80 Mace curves and turns into East Covell Boulevard


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Brown cites Pop-Duncan relationship in Kobe 'benching'
You've probably heard by now, but during the Los Angeles Lakers' loss to Memphis the other night head coach Mike Brown sat Kobe Bryant down during the fourth quarter. Of course, because they lost Brown came under fire for sitting Kobe even though he hadn't rested at all during the second half. When asked about it, ESPN Los Angeles' Dave McMenamin reports Brown used the relationship between San Antonio Spurs head coach Gregg Popovich and Tim Duncan.
"I'm sure (San Antonio Spurs coach) Gregg Popovich took out Tim Duncan with six minutes to go before," Brown said. "I'm sure other coaches have done it. Maybe because I'm a young guy and that's Kobe (I'm being scrutinized). I don't know. I'm sure there are other coaches that have done it."
That's not a bad example to use to defend his thinking. In reality, Mike Brown isn't Gregg Popovich even if he is a very good basketball coach. But even if Brown isn't Popovich, the more important point is Kobe Bryant isn't Tim Duncan. Outside of maybe Derek Fisher, Kobe hasn't had the type of relationship with anyone that Duncan and Pop share. However, for his part, Kobe has been playing the role of a good soldier in public at least.
"It's his decision to make," Bryant told reporters after the game. "He makes the decision. He's the coach. If you guys are looking for a story, I'm not going to give you one. I can't sit here and criticize his decisions. In leading this ballclub, that's something I can't afford to do. I got to have his back. I've had his back the whole season; I can't start doing something crazy now. It wouldn't make no sense."
Nice job, Kobe. I have no idea how this Brown/Kobe partnership is going to finish out, but it's good to see Kobe not throwing someone under the bus. If I were Mike Brown I would be establishing a relationship with Andrew Bynum. Bynum is still young and Lakers Vice President Jim Buss loves him. Being close to a franchise big man is a good way to stick around a job for more than a couple of years.


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New York - New York - 3790 S. Las Vegas Blvd. Las Vegas, NV, 89109 (800) 689-1797
The Sporting House Bar & Grill offers a great place to watch the big game. With 130 televisions, there is no need to stretch your neck to get a glimpse of your favorite team. There's always a television close by.�
Drink your favorite beer and munch on popular bar food while cheering on your team. Traditional tailgating favorites like nachos, soft pretzels, spinach and artichoke dip and pizzas make the menu. If you're looking for something a little more substantial, try dishes like the shrimp scampi, ribs or New York strip steak. Juicy burgers include the Sporting House burger--a half-pound patty with cheese and the fixin's. Other sandwiches include the grilled eggplant and mozzarella and the smoked meatloaf sandwich.
Upstairs features an arcade with fun games like air hockey, as well as pub-height seating area and additional television sets to watch your favorite game.
The Sporting House is conveniently located with access from the Brooklyn Bridge at the New York New York hotel.�
-- by Nikki Neu
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Do you want to host your source codes, manage and fix bugs online? If your answer is Yes then this is for you. The new Bitbucket integration lets you host and manage your Git and Mercurial repositories, see source commits and make code changes right from within Zoho BugTracker.
Easily link up your source code repositories hosted in Bitbucket into Zoho in a snap. Get your team to instantly see the code changes and work on it from anywhere right within Zoho BugTracker.
Code checked-in Bitbucket, gets displayed as changesets in BugTracker. And the best part is while you commit the changes if you have specified a bug ID in Bitbucket, it will be automatically linked to that particular bug in Zoho.


text: BANGOR, Maine --- Husson University scored two goals in a span of 2:22 of the first half and added a late goal on the way to a 3-0 non-conference victory over Colby College in men's soccer Wednesday night. The Mules fall to 0-1-1 overall and will face Middlebury College on Saturday at 1:30 p.m. in their home opener. Husson moves to 3-2 overall. Colby's Andrew Meisel had five of the Mules' 10 shots in the game, while Mule goalkeeper Cody Funkhouser had his scoreless streak snapped at 136 minutes, 16 seconds after helping his team to a 0-0 overtime tie at Connecticut College to start the season. Funkhouser finished with five saves against Husson. Vinny Visconti scored unassisted at 26:16 of the opening half for what turned out to be the game-winning goal. Just 2:22 later, Brian Loiselle gave the Eagles an insurance goal from James Crockford. The game stayed 2-0 until Crockford tallied with just 2:36 to play. Husson 3, Colby 0 Colby 0#0---0 Husson 0#0---0 Scoring 1st half H: Vinny Visconti, 26:16 H: Brian Loiselle (James Crockford), 28:38 2nd half H: James Crockford (Cam Libbey), 87:24 Shots: Colby 10, Husson 15. Corner kicks: Colby 4, Husson 5. Fouls: Colby 7, Husson 8. Goalies: Cody Funkhouser (Colby, 90:00, 3 GA, 5 saves); Mason Smith (Husson, 90:00, 0 GA, 4 saves).


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Encontrar un ejemplar en la biblioteca
Encontrando bibliotecas que tienen este material…
Género/Forma: | Science fiction comic books, strips, etc Graphic novels Children's stories Comic books, strips, etc. Juvenile fiction |
Tipo de material: | Ficción, Público juvenil |
Tipo de documento: | Libro/Texto |
Todos autores / colaboradores: |
Ben Hatke |
Número OCLC: | 698361433 |
Descripción: | 182 p. : chiefly col. ill. ; 22 cm. |
Otros títulos: | Zita the space girl. Zita the spacegirl |
Responsabilidad: | by Ben Hatke. |
Resumen de la editorial
For no reason at all, a little red button crashes to earth while Zita and her pal Joseph are out cavorting around. Of course, no one could resist pushing a mystery button, which pops open an interdimensional portal that whisks Joseph away. Zita follows and lands on a delightfully bizarre alien planet, where she sees Joseph being captured by a tentacled, scuba-headed creature. She makes some allies, takes off after him, and zany mishaps and dashing adventures ensue. Any story in which one can escape prison with a tube of "doorpaste" (just like toothpaste, except that it makes magic doors appear when smeared on a wall) obviously puts more stock in wowing imaginations than satisfying logic, and it needs solid cartooning chops to back it up. Fortunately, Hatke's got them, and he doles out an increasingly loony and charming array of aliens, robots, and unclassifiable blobs and hairy things for Zita (herself a cross between Ramona Quimby and a Matt Phelan waif) to encounter. It's fun, plenty funny, and more than a little random. Kids will love it. -- Booklist A headstrong young girl makes a hasty decision and finds herself in a galaxy far, far away in this graphic-novel shining star. Confident Zita finds a strange device in a meteor crater while playing with her more timorous best friend, Joseph. Impetuously, she accidentally activates the device, and before they can say "lift off," the duo ends up on an ill-fated planet, with Joseph about to be sacrificed by an alien doomsday cult and Zita determined to save him. Hatke's skill shines: His characters are richly imagined and portrayed, from the loyal, bumbling Strong-Strong (resembling a cross between a golem and an Uglydoll) to the menacing Screeds, an arachnid-like mechanized device that serves an evil purpose. The giant speechless Mouse, who communicates via ticker tape, is especially ingenious. Hatke takes a page from epic adventures like Jeff Smith's Bone and Kazu Kibuishi's Amulet and throws in a dash of intergalacti Leer más
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We had dinner at Olives, one of Todd English' restaurants.We had reservations, so we could sit out on the patio and watch the fountains. Now remember, this is December and Read More
This is a very interesting dining experience for those who want to get away from the buffets available on the main strip. It is a six course Morrocan dinner. The Read More
Been there, done that? Do tell us about it! Submit a review of this Las Vegas restaurant today.
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After a long day of walking the strip we decided to stop by the Wynn and grab a bite to eat. Sitting at the bar at Corsa Cucina was a great experience! We enjoyed the Read More
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News & Publications
Lecture at St. John's on "Tocquevillean Moment"
FOR RELEASE: October 22, 2010
CONTACT: Patricia Dempsey, 410-626-2539
Wilfred McClay will give a lecture at St. John's College entitled, "The Tocquevillean Moment." The lecture is free and open to the public and will be held in the Francis Scott Key Auditorium on Friday, November 12 at 8:15 p.m.
"What I mean by 'the Tocquevillean moment' is the moment when a traditional or hierarchical society becomes conscious of the need to give way to a modern and democratic one—and the particular dilemma that this change presents to thoughtful individuals, like Tocqueville, who ride the crest of such monumental social transformations," says McClay. "Such individuals must grapple with two contradictory things at once: first, that it is essential to accept the inevitability of such sweeping changes, and second, it is equally essential to find ways of incorporating into the emerging new order what was wisest and best in the passing order." In his lecture McClay will talk about Tocqueville's own work and "that of at least two others, and try in the end to relate it to the problem of liberal education in the modern world."
Since 1999 McClay has been SunTrust Bank Chair of Excellence in Humanities and a professor at the University of Tennessee at Chattanooga, where he is also professor of history. McClay is 1973 graduate of St. John's College. A recipient of numerous fellowships, including from the Woodrow Wilson International Center for Scholars and the National Endowment for the Humanities, McClay has served since 2002 as a member of the National Council on the Humanities, and the advisory board for the National Endowment for the Humanities. He is currently at work on a biographical study of the American sociologist David Riesman, as well as editing a collections of his own essays entitled "Pieces of a Dream: Historical and Critical Essays."
See the lecture schedule for 2010-2011
Back to Annapolis Press Releases


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The Federal Reserve's new stimulus program failed to excite skeptical investors, who bid stocks higher for several hours before erasing those gains to end the day largely unchanged.
Stocks pushed higher after the Federal Reserve said it would introduce new asset purchases to replace its current stimulus program known as Operation Twist, which ends this month. Paul Vigna has details on The News Hub. Photo: AP.
The Dow Jones Industrial Average finished with a decline of 2.99 points, or 0.02%, to 13245.45, snapping a five-day winning streak that had pushed the blue-chip index to a one-month high.
The Standard & Poor's 500-stock index edged up 0.64 points, or 0.04%, to 1428.48, extending its winning streak to six days. The Nasdaq Composite gave up 8.49 points, or 0.28%, to 3013.81.
Oil futures rose 1.1% to about $86.77 a barrel, while gold futures gained 0.5% to $1,716.60 an ounce. The dollar fell against the euro but jumped against the yen. Treasurys fell, pushing the yield on the benchmark 10-year note higher to 1.699%.
Stocks began the day quietly, trading roughly around the flat line ahead of the Fed's expected announcement that it would buy $45 billion in Treasurys each month, in addition to the $40 billion in mortgage-backed securities it purchases each month. The program will replace its current stimulus program known as Operation Twist, which ends this month.
However, the central bank also said that it would keep interest rates at near-zero rates as long as the unemployment rate remains above 6.5% and inflation remains in check, surprising investors who did not expect the Fed to explicitly tie its interest-rate policy to the unemployment rate.
The Fed decision sent the Dow up as many as 81 points. But blue chips relinquished those gains later in the afternoon as investors reassessed the implications of the decision.
"If they're going to keep their accommodative policy until the unemployment rate gets to 6.5%, they'll be at it for a long time," said Keith Bliss, senior vice president at Cuttone Co. "It's clear to me that they're trying to inflate assets and really gin up consumer spending... I expect we'll get that initial pop, but then people will step back and say, 'What is the real efficacy of this for the real economy?' And it's getting less and less with each effort."
Separately, investors continued to watch negotiations on the "fiscal cliff", a bundle of tax increases and spending cuts set to take place in the new year, provided Congress doesn't act to avert those changes. On Wednesday, House Majority Leader Eric Cantor seemed to dampen hopes of a near-term breakthrough. Late Tuesday, President Barack Obama said that he was optimistic about budget talks between him and House Speaker John Boehner.
In broad stock market action, technology and consumer-staples stocks weighed most heavily on the downside. Wal-Mart Stores WMT -0.87% Wal-Mart Stores Inc. U.S.: NYSE $74.28 -0.65 -0.87% March 14, 2014 4:00 pm Volume (Delayed 15m) : 6.58M AFTER HOURS $74.28 0.00 0.00% March 14, 2014 4:59 pm Volume (Delayed 15m): 37,451 P/E Ratio 15.13 Market Cap $240.35 Billion Dividend Yield 2.58% Rev. per Employee $216,497 03/13/14 GE Plans Credit-Card IPO as Pl... 03/13/14 Plug Power Sees Revenue Doubli... 03/13/14 Plug Power Is Back, Baby! (Nev... More quote details and news » led the Dow decliners.
Telecommunications and financial stocks pulled on the upside. Hewlett-Packard HPQ +0.55% Hewlett-Packard Co. U.S.: NYSE $29.07 +0.16 +0.55% March 14, 2014 4:00 pm Volume (Delayed 15m) : 7.94M AFTER HOURS $29.07 0.00 0.00% March 14, 2014 6:53 pm Volume (Delayed 15m): 176,105 P/E Ratio 10.49 Market Cap $55.09 Billion Dividend Yield 2.00% Rev. per Employee $352,917 03/12/14 Corporations Take Swats at a G... 03/12/14 Kodak Names Tech Veteran as CE... 03/11/14 Hewlett-Packard Names Vrij Hea... More quote details and news » and DuPont DD +0.09% E.I. DuPont de Nemours & Co. U.S.: NYSE $65.77 +0.06 +0.09% March 14, 2014 4:00 pm Volume (Delayed 15m) : 3.65M AFTER HOURS $65.80 +0.03 +0.05% March 14, 2014 7:59 pm Volume (Delayed 15m): 689,714 P/E Ratio 21.18 Market Cap $61.02 Billion Dividend Yield 2.74% Rev. per Employee $558,328 03/05/14 Two Men Found Guilty in Sale o... 02/27/14 DuPont Sees $500 Million in An... 02/25/14 Big Data Comes to the Farm, So... More quote details and news » led the gains among Dow components. DuPont announced a $1 billion stock repurchase program and adjusted its 2012 earnings outlook to the high end of the previously provided expected range.
European markets were marginally higher after Greece's successful bond buyback. The Stoxx Europe 600 inched up 0.1% to stretch its win streak to eight sessions, and to finish at its highest level since May 2011. Greece's borrowing costs fell after bids for the debt exceeded the €30 billion targeted.
Elsewhere, an unexpected decline in euro-zone industrial production in October was offset by U.K. data showing a surprise decline in claims for unemployment benefits in November.
Asian markets were broadly higher as strong gains in U.S. markets helped fuel optimism. Japan's Nikkei Stock Average gained 0.6% to an eight-month high, while the Hang Seng Index rallied 0.8% to its highest level since August 2011.
Elsewhere in economic headlines, import prices declined 0.9% in November from the month before, marking the first decline in four months. The reading, which was lower than expected, came as softening petroleum prices helped reduce inflation pressures.
The U.S. federal budget deficit, meanwhile, widened to $172.11 billion, 25% higher than the $137.30 billion shortfall during the same month a year earlier. The reading was higher than expected.
In corporate news, 3M MMM -0.75% 3M Co. U.S.: NYSE $129.83 -0.98 -0.75% March 14, 2014 4:03 pm Volume (Delayed 15m) : 2.95M AFTER HOURS $129.83 0.00 0.00% March 14, 2014 4:59 pm Volume (Delayed 15m): 20,377 P/E Ratio 19.01 Market Cap $86.04 Billion Dividend Yield 2.63% Rev. per Employee $348,168 02/27/14 3M Is Said to Seek Buyer for S... 02/20/14 J.P. Morgan Holder Pulls Indep... 02/05/14 Stocks Sputter as Traders Sit ... More quote details and news » slipped after the maker of consumer and industrial products affirmed its 2012 earnings outlook and provided an expected range for 2013 earnings that met current analyst estimates.
Both classes of Berkshire Hathaway BRKB -0.89% Berkshire Hathaway Inc. Cl B U.S.: NYSE $122.51 -1.10 -0.89% March 14, 2014 4:01 pm Volume (Delayed 15m) : 4.63M AFTER HOURS $122.63 +0.12 +0.10% March 14, 2014 6:24 pm Volume (Delayed 15m): 59,662 P/E Ratio 15.51 Market Cap $302.21 Billion Dividend Yield N/A Rev. per Employee $603,146 03/14/14 Berkshire Shareholders: Don't ... 03/14/14 Berkshire Investors to Vote on... 03/14/14 Billionaire Buffett Gives Bill... More quote details and news » shares rose after the company, controlled by Warren Buffett, purchased 9,200 of its larger Class A shares at $131,000 per share from the estate of a long-time shareholder.
Apple AAPL -1.12% Apple Inc. U.S.: Nasdaq $524.69 -5.96 -1.12% March 14, 2014 4:00 pm Volume (Delayed 15m) : 8.33M AFTER HOURS $524.80 +0.11 +0.02% March 14, 2014 7:59 pm Volume (Delayed 15m): 138,379 P/E Ratio 12.93 Market Cap $468.31 Billion Dividend Yield 2.33% Rev. per Employee $2,163,820 03/14/14 Big-Bang Disruptions: The Digi... 03/14/14 iOS 7.1 Spotted in More Than a... 03/14/14 Data Point: iPhone Owners Are ... More quote details and news » dropped after The Wall Street Journal reported the technology giant is working with Asian component suppliers to test designs for televisions, including large-screen high-resolution TVs.
Nasdaq OMX Group gained after the exchange operator agreed to acquire Thomson Reuters' investor relations, public relations and multimedia services businesses for $390 million in cash.
Facebook FB -1.61% Facebook Inc. Cl A U.S.: Nasdaq $67.72 -1.11 -1.61% March 14, 2014 4:00 pm Volume (Delayed 15m) : 47.89M AFTER HOURS $67.71 -0.01 -0.01% March 14, 2014 7:59 pm Volume (Delayed 15m): 339,120 P/E Ratio 111.02 Market Cap $172.67 Billion Dividend Yield N/A Rev. per Employee $1,242,230 03/14/14 Facebook Officially Launches V... 03/13/14 WhatsApp Faces New Challenge 03/13/14 Documents Say NSA Pretends to ... More quote details and news » shares fell on the company's first day as a member of the Nasdaq-100 index, joining as its 23rd largest component. The Nasdaq-100 collects the 100 biggest nonfinancial companies trading on the Nasdaq Stock Market.
Lennar gained after the home builder lined up a $1.7 billion loan from state-run China Development Bank for two major San Francisco-based projects, according to a report in The Wall Street Journal, citing people familiar with the deal. Rival home builders D.R. Horton DHI -0.54% D.R. Horton Inc. U.S.: NYSE $22.04 -0.12 -0.54% March 14, 2014 4:02 pm Volume (Delayed 15m) : 5.71M AFTER HOURS $22.04 0.00 0.00% March 14, 2014 6:53 pm Volume (Delayed 15m): 221,153 P/E Ratio 13.69 Market Cap $7.13 Billion Dividend Yield N/A Rev. per Employee $1,438,360 02/27/14 HEARD ON THE STREET: Place Bet... 01/28/14 D.R. Horton Says Strong Sales ... More quote details and news » and KB Home KBH +0.98% KB Home U.S.: NYSE $17.51 +0.17 +0.98% March 14, 2014 4:03 pm Volume (Delayed 15m) : 4.17M AFTER HOURS $17.61 +0.10 +0.57% March 14, 2014 5:43 pm Volume (Delayed 15m): 16,442 P/E Ratio 38.91 Market Cap $1.47 Billion Dividend Yield 0.57% Rev. per Employee $1,466,520 01/28/14 D.R. Horton Says Strong Sales ... More quote details and news » also climbed.
Eli Lilly LLY +0.91% Eli Lilly & Co. U.S.: NYSE $58.87 +0.53 +0.91% March 14, 2014 4:00 pm Volume (Delayed 15m) : 4.09M AFTER HOURS $58.48 -0.39 -0.66% March 14, 2014 7:24 pm Volume (Delayed 15m): 106,764 P/E Ratio 13.60 Market Cap $65.92 Billion Dividend Yield 3.33% Rev. per Employee $609,442 03/05/14 Eli Lilly Says Drug Applicatio... 02/25/14 Lilly Diabetes Drug Ruled Comp... 02/24/14 Lilly Agrees to Buy Animal Hea... More quote details and news » declined after the drug giant said it doesn't intend to submit a license application for its Alzheimer's treatment until it conducts a second Phase 3 study, which the company expects to initiate no later than the third quarter of 2013.
Molycorp MCP +3.29% Molycorp Inc. U.S.: NYSE $5.03 +0.16 +3.29% March 14, 2014 4:01 pm Volume (Delayed 15m) : 5.95M AFTER HOURS $5.03 0.00 0.00% March 14, 2014 6:43 pm Volume (Delayed 15m): 14,105 P/E Ratio N/A Market Cap $1.21 Billion Dividend Yield N/A Rev. per Employee $205,330 More quote details and news » fell after the rare-earth company ousted its president and chief executive, Mark Smith, after five years in charge. The company named director Constantine Karayannopoulos as interim CEO until a permanent replacement can be found.
Geospace Technologies GEOS -0.18% Geospace Technologies Corp. U.S.: Nasdaq $71.04 -0.13 -0.18% March 14, 2014 4:00 pm Volume (Delayed 15m) : 135,907 AFTER HOURS $71.29 +0.25 +0.36% March 14, 2014 4:06 pm Volume (Delayed 15m): 3,366 P/E Ratio 12.80 Market Cap $933.04 Million Dividend Yield N/A Rev. per Employee $243,214 More quote details and news » slumped after the maker of seismic data-processing equipment used by the oil and gas industry reported fourth-quarter earnings and revenue that fell well short of analyst forecasts, citing erratic order flow and timing of shipments.
Sucampo Pharmaceuticals SCMP -1.23% Sucampo Pharmaceuticals Inc. Cl A U.S.: Nasdaq $8.04 -0.10 -1.23% March 14, 2014 4:00 pm Volume (Delayed 15m) : 152,262 AFTER HOURS $7.37 -0.67 -8.33% March 14, 2014 6:40 pm Volume (Delayed 15m): 6,303 P/E Ratio 53.60 Market Cap $353.74 Million Dividend Yield N/A Rev. per Employee $699,953 More quote details and news » climbed after the company said the Food and Drug Administration approved its supplemental new drug application for its glaucoma treatment.
Write to Jonathan Cheng at firstname.lastname@example.com


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» News
» 38 Comments
Achdump, baby!
Noteworthy Comment +14 -
I think it is supposed to be a symbol of America. We're all in the toilet now.
+6 -
I guess toilet technology is pretty regular, I mean stable.
+4 -
Now belongs to some EPA loving, tre-huggin' DemocRAT who's too damn lazy to go to Canada and BUY a 2.5Gal flusher?
+4 -
Rosie rides 'em hard – goes through several a week…
Noteworthy Comment +12 -
Hint: Unless you're a plumber, you'd have to look into the bowl to tell.
+4 -
I suspect it is somebody who lost something very important down inside it. Notice the hole cut in the side of the trap area.
+4 -
Oh, good… I thought your mom's basement had no heat OR plumbing.
Noteworthy Comment +10 -
It belonged to Adolph Schickelgruber. I only know that from seeing it on another website yesterday. Achdump is funny. Is that related to Hitler being an arschlocker which is German for asshole?
+5 -
Let see it's not an American Standard or a United States toilet, it has a side manifold, so it could be one of them foreign jobs that squirts water up your private parts. Tha pedistal has a serious crack from sustaining tremendous forces…..My guess it belongs to the she-man Obama.
+8 -
An appropriate throne for his planning.
+6 -
+7 -
What a shitty story…. sorry, I had to.
+7 -
Must be one of my followers' — a muslim's toilet — for I can see footprints on it.
+5 -
Hole in the base to snake out the drain after every flush. Broken base from too much weight on it. Not cleaned in decades.
Michael Moore.
+8 -
+5 -
Too small to be Mooch's.
Too big to be Obama's.
Must be Valerie's.+6 -
Ist that not Das Fuhrer's dumper?
Ja dat ist Das Fuhrer's dumper.Fuherer makin schnitzel lumpin?
Ja he's makin schnitzel lumpin.Fuhrer dumpin schnitzel lumpin
Oh, Du Schoene SchnitzelbankNoteworthy Comment +14 -
Good one cfm990. You could sit on that toilet and sing Dehr Fuhrer's Face by Spike Jones.
+6 -
"Hier ich setze brechenharten,
kann nicht scheisse, nur gescharten"
What? It's an obscure German dialect.
+5 -
cfm990, I see you are also fluent in this dialect.
+3 -
+9 -
Noteworthy Comment +12 -
Rosie O'Donnell's. I can tell by the dirt.
+3 -
It's a sea toilet: "…the Aviso Grille, which was between 400 and 500 feet long"
You know what they say about guys with big boats.
+3 -
The real take away from this story is Hitler – a SOCIALIST – lived WAY above the means of his subject citizens, having the biggest yacht in existance at the time. Remind you of anybody???
+3 -
@Stirrin, Socialism isn't for the Socialists just the proles.
+2 -
The Turd Reich
+9 -
Auf Weinersprayin'
+4 -
Looks like the victim of a blintzkrieg.
+2 -
I worked on a British escort ship that was being converted into a yacht for L.Ron Hubbard in San Pedro harbor around 1974. I didn't know who the socialist bastard was, but the chicks on the ship attracted me to the job so I could care less at the time.
The toilets flush with sea water.+2 -
I can still see some of his luftwaffles.
+4 -
Notice the toilet seat has been removed. How much you wanna bet some prog dances around with that around his neck at socialist parties.
+2 -
And, for the Eco-minded National Socialist bent on genocide:
The Mein Kampost Toilet.+6 -
America's GDP.
+1 -
A cracked pot and a crackpot.
+2 -
Someone on FB commented "Mein Dumpf."


text:
Liberalised Power Markets | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Malcolm Grimston | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Introduction the dash for liberalisation Liberalisation of energy markets has brought great benefits to a lot of people. For consumers, it has brought greater choice of products, lower prices and a general improvement in the quality of service. For companies it has meant the freedom to develop new ideas, to build their business and to reap the rewards of success. The benefits of competitive energy markets are now widely accepted in the rest of the EU and there is widespread support for the creation of a policy framework to underpin the establishment of a functioning internal energy market.' (UK Energy Minister Peter Hain, March 20011) 1http://www.dti.gov.uk/ministers/archived/hain070301.html, Hain P. (March 7, 2001), Speech to Electricity Association dinner. Power is now a dirtier word in banking than telecoms. In the USA, UK and Latin America there are no investors, no banks and deregulation is losing credibility.' (Tony Marsh, EBRD Cofinanciers' meeting, March 20032) 2http://www.ebrd.com/oppor/syndi/meeting/pres/power.pdf, Marsh A., EBRD cofinanciers' meeting (March 11, 2003), Power and energy. For most of the last twenty years there has been a firm assumption that global electricity markets are embarked on an irreversible journey from highly regulated monopolistic structures to competitive markets. The early gains in terms of reduced costs of electricity production (and therefore, to a greater or lesser extent, reduced prices for consumers) in several countries which had liberalised their power markets, coupled with ideological attraction to free' markets among many governments which exercised power in the 1980s and 1990s, were factors leading bodies such as the European Union, the US Federal Government and the International Energy Agency to take stances encouraging further market liberalisation. Even so, liberalisation of power markets is still at an experimental stage. Although in the 1970s and 1980s reforms were introduced in some countries (USA, Chile) to allow independent power producers to supply electricity to existing monopoly utilities, usually on the basis of inflexible long-term contracts, widespread liberalisation only began with the introduction of competitive electricity markets in the UK in 1990, Norway in 1991 and New Zealand in 1994. In 2001 the IAE summarised progress with liberalisation in IEA countries as follows3: 3http://spider.iea.org/books/countries/2001/compendium.pdf, IEA, Energy Policies of IEA Countries, 2001 Review.
and predicted that by 2007 more than 500 million consumers in OECD countries (about half the total) would have a choice of supplier4. 4http://www.iea.org/about/emr.pdf, IEA (2001), Electricity market reform: California and after. However, in practice, experience of liberalisation', in its many and varied forms, has been mixed. In some regions, countries and states such as the UK, Germany, the Nordic region, Texas, New England, PJM (Pennsylvania/New Jersey/Maryland), Chile and New Zealand, experience has been largely positive, with lower power prices and no serious long-term disruption of supply for capacity reasons. In others California, Alberta, Ontario, Italy liberalisation has brought problems in terms of higher power prices and/or disruptions in supplies. In 2001 the Centre for Responsive Politics (USA) said5: 5http://www.opensecrets.org/news/electricity.htm, Centre for Responsive Politics (2001), Electricity deregulation – what's the issue? Advocates of deregulation say reducing government control of the industry will benefit consumers lowering prices while expanding services and giving the public a say in who supplies the power that runs their computers, toasters, lamps, and more. But among the 24 States that have enacted electricity deregulation plans, results are mixed. Rising prices, skyrocketing demand, and limited supply in some areas have raised questions about the viability of deregulation.' In a number of places California, Arkansas, Arizona, Montana, Ontario, Queensland, Switzerland, Thailand steps have been taken to delay, reject or reverse liberalisation. In perhaps the most dramatic example, the Dominican Republic renationalised key elements of its power industry in 2003, just four years after they had been sold off. Whether this pause is a sign of growing disillusionment with the concept of liberalisation or a short-term response to a series of problems (very high price spikes in Scandinavia, Netherlands, California, Alberta, Ontario, New Zealand, Argentina, blackouts in New York, Copenhagen, Italy, Victoria, Auckland, London, Birmingham, Athens) is not yet clear. However, by early 2004 statements such as that of Craig Goodman (President of the National Energy Marketers Association, USA) were becoming more frequent: 6Restructuring Today (February 3, 2004). The peculiarities of competitive electricity markets Electricity is a unique commodity. It cannot be stockpiled in large quantities and yet secure supplies on a moment-by-moment basis are enormously important. Recent blackouts round the developed world Auckland, Victoria, California, the eastern seaboard of North America, London, Birmingham, Copenhagen and south Sweden, Greece and Italy (twice) have both demonstrated that major outages are possible in rich countries and reminded us that the effects of such outages, in economic, social and health terms, can be significant. The introduction of competition into electricity supply systems variously referred to as liberalisation' or deregulation' though such terms are something of a misnomer has become the predominant trend in the markets of developed and, increasingly, developing countries in the period since about 1990. Many major organisations, such as the European Union, the Federal Energy Regulatory Commission (USA) and the International Energy Agency, have encouraged countries to increase the extent to which both generation and supply of energy are open to market forces, while recognising that some elements of the process, notably transmission and distribution, are of their nature natural monopolies and must therefore continue to be regulated. The details of liberalisation vary significantly from country to country, but broadly most models share some or all of the following features:
Despite the passage of nearly fifteen years since the advent of competition and in some cases privatisation of the electricity supply industry in countries like the UK, New Zealand and Norway rather longer in the case of Chile liberalisation of power markets remains something of an experiment, the outcome of which is uncertain. In most cases liberalisation was initiated at a time of considerable overcapacity of generating plant indeed, one of its main rationales was to improve the economic efficiency of investment in power capacity, since the previous arrangement of power markets as vertically integrated monopolies tended to result in the gold plating' of security measures and therefore significant higher capacity margins than were necessary to keep the lights on. The costs of this overcapacity had to be borne by taxpayers or electricity consumers: in either case this represented a drain on the economy as a whole. It is only now that the capacity margin in some developed countries is reaching the point at which major new investment will be required in the near future. Even in the unusual case of the UK where liberalisation was accompanied by a major increase in investment in gas-fired generating capacity investment slowed significantly at the turn of the century, though in that case not before considerable new reserves of capacity had been added. (In November 2003, Ofgem reported a drop in gas- and coal-fired projects described as planned' from 10 300 MW to 6500 MW over the previous year. Only 800 MW was actually under construction, plus 760 MW of Combined Heat and Power and 90 MW of windpower7.) 7http://www.ofgem.gov.uk/temp/ofgem/cache/cmsattach/5078_JESS_report_12nov03.pdf, Ofgem (2003), Joint Energy Security of Supply Working Group (Jess) third report. Of course, reducing the costs of power cannot be the only aim of electricity policy. Modern economies require secure supplies for both business and residential purposes. Energy production and use have major environmental implications, notably for atmospheric challenges such as climate change and acid rain. Personal safety, public perceptions and political issues also shape energy policy in important and sometimes unpredictable ways. Emerging themes in liberalised power markets There is, then, little empirical evidence of how liberalised markets will develop when the initial circumstances in which they were instituted have changed. Nonetheless, a number of themes are emerging which require careful consideration and which may point the way towards energy policies of the future. These involve a number of issues.
Since electricity cannot be stockpiled, there tend to be long periods, when demand is relatively low, in which prices (especially for power traded through spot markets) fall towards the avoidable costs of the marginal generator. To compensate, in order to provide a reasonable return on capital employed, there will need to be periods in which prices are significantly above avoidable costs. However, periods of very high prices bring political risk and loud cries for an end to the profiteering' of the power companies. There is evidence from a range of countries that when the political temperature rises in this way governments, either directly or via regulatory bodies, do indeed intervene to cap price rises or otherwise guide' the market. For someone considering making the sizeable investments involved in power generation, the extra risk associated with second-guessing the actions of regulators will inevitably delay, or perhaps even drive out, necessary investment, or (which is in effect the same thing) increase the required rate of return. One model for attracting investment is one in which future customers provide the initial investment and then buy power, in proportion to that initial investment, at or near avoidable cost. TVO's proposed new nuclear plant in Finland is to be financed on such a basis, as is Intergen's Rijnmond CCGT in Rotterdam. However, investment in merchant' power plants, selling electricity on an open market, may be more problematic. Long-term power contracts between generators and consumers also bring potential problems, as illustrated for example in the market in England and Wales in 2001/2. Put succinctly, can liberalised markets manage the inherent tension between the needs of governments, who wish to guide electricity markets to fulfil political requirements such as secure supplies and low prices, and the needs of potential investors who need a stable investment environment in which governments have credibly divested themselves of powers to intervene?
Except where regulators have made major efforts to prevent it, mature liberalised power markets are increasingly characterised by growing concentration both through consolidation at both generation and retail levels and through growing vertical integration across generation and supply, in many cases involving local distribution networks as well. There has also been a growing trend towards integration of gas and electricity industries. Inevitably, larger companies will have greater market power, which can be used both to erect barriers to new entrants and to manipulate prices to higher levels than they might have been in a more competitive environment. Yet it can be argued that the nature of investment in electricity generation, with its associated risks, is such that it can only be funded by large, probably cross-border, operators such as those which are emerging within western Europe. It is not yet clear what would be the appropriate level of competition (or the appropriate number of competitors) to fulfil the dual goals of creating downward competitive pressure on prices while also retaining entities large enough to contemplate timely investment in new plants.
Although the price elasticity of electricity demand is notoriously low many of electricity's uses are essential for which no substitute fuel is available when capacity margins are very tight a small increase in demand or reduction in available capacity can have a major upward effect of prices. If prices could be transmitted to major consumers in real time it is likely that demand reductions could be found which would serve to control price rises. There is indirect evidence for this in the major demand reductions that followed price crises in California, Norway and Brazil. By contrast, price caps and long-term contracts serve to protect the consumer from price spikes and so dampen potential demand-side responses. Real-time metering is expensive but may be a more effective approach to managing supply security than attempting to retain high reserve capacity margins.
Any power plant can come off line, either predictably or unpredictably, for a variety of reasons maintenance needs, labour strikes, unavailability of cooling water (especially for thermal/nuclear plants) etc. However, there is evidence that two power fuels renewables (hydropower) and imported gas have been particularly associated with problems. Periods of low rainfall have led to reductions in the reliability of output from hydro plants in many countries such as New Zealand, Chile, Norway and Sweden and the western USA. The volatility of gas prices led to severe problems in areas such as California and Alberta in 2000/2001. (Texas, with significant gas reserves of its own, was much less affected by the crisis which beset the western USA at the turn of the century.) By contrast, systems more reliant on domestically-mined coal and nuclear power appear to be much less prone to price spiking with its associated political and economic effects. This may be of particular importance in Europe, which is likely to become more dependent on gas, imported from the former Soviet Union, and renewables which like hydropower tend to be intermittent in their output, although generally on different timescales. Although renewables such as windpower will not suffer chronic problems such as prolonged droughts, and so will not be unavailable for the long periods which have characterised hydropower in many countries, in the short term they can be considerably more intermittent. In some cases, such as tidal power, output is likely to be predictable but not constant. In the case of wind, output is not only intermittent but also unpredictable beyond a few days' notice. For example, E.On owns 3500 MW of wind capacity in Germany (Figure 1). This plant generates practically no electricity at all for short but significant periods of time in a typical winter. Managing this intermittency in the absence of a large-scale method of storing electricity represents a challenge, especially at times of high windspeeds when wind generators may need to be immobilised rapidly to prevent damage and alternative capacity must be brought on line very quickly. It may be expected that at times when the renewables are not available, expensive peaking plant using fossil fuels will have to be dispatched, with potentially large effects on system marginal prices (and also potentially on emissions). The potential problems associated with overdependence on unreliable electricity sources were illustrated in the summer of 2003 in Europe during the hot spell in June. Increased demand for air conditioning etc. was coupled with drought and a significant reduction in availability of power from other sources, notably large windfarms (and also from inland conventional power stations including French and German nuclear plants). This led not only to very high prices but also a major reduction in exports from France and Germany which led to blackouts in Italy, highly dependent on such imports. Although on this occasion the contribution of the shortage of wind was not the crucial factor, it would have been more important had there been considerably more reliance on windpower in the area. Considerations of this nature were behind the decision, for example, taken in December 2003 by the Irish energy regulator to halt connections of windpower to the Irish grid. The Managing Director of ESB National Grid said that wind connections pose an increased risk to the security and stability of the power system which exceed the level normally likely to be acceptable by a prudent system operator'.
The growth of regional markets has been one of the most notable developments of the liberalised era. Regional markets offer a number of advantages, not least in creating a larger market which may stimulate more effective competition and also in reducing the demand for each participating nation to retain such a large capacity margin for example, unscheduled plant breakdown might be compensated by imports, while in geographical areas which are extended over several longitudes the time of peak demand will be different in different parts of the regional market, so allowing net east-west or west-east flows at different times to replace reserve capacity. However, with rare exceptions, although the interconnectors and national wires involved are in effect playing the part of a grid serving a single market, there is no single regional transmission operator to ensure smooth running. In August and September 2003 transmission system failures underlay major power outages in the northeast of North America, in England (London and Birmingham), in Copenhagen and south Sweden and in Italy, while a reduction in the availability of imports (coupled in some cases with anomalous pressure to increase exports despite shortages of power at home) were important factors in crises in Italy in June 2003, in California in 2000/2001 and in Victoria in 2000. As a result a number of questions are arising. Will the cost requirements to strengthen cross-border interconnectors and national grids outweigh the savings in generating capacity? Who should bear the cost of such strengthening and how will it be financed? At the other extreme, is there a danger that growing reliance on interconnection will further undermine investment in generating capacity, resulting in a very efficient grid but insufficient power to drive it? How can differences in national markets within a regional interconnection be managed (a major issue for example during the power crises in California and Victoria in 2000/2001)?
Liberalisation is still very much the dominant direction in global electricity markets. However, following the California crisis there have been varying degrees of reversal of competition measures in countries and States as diverse as Arizona, Arkansas, the Dominican Republic, Montana, Ontario, Queensland, Switzerland and Thailand. Should there be no similar experiences in the near future confidence in liberalisation may well be restored, but should there be another California-style event, it is an open question as to whether more countries would retreat from liberalisation and return to some degree of central planning. Conclusions The implications for investment of a major restructuring of markets would be profound, if not easily predictable, but might well result in a change in emphasis from short-term returns to long-term supply security. Heavily capital-intensive sources of electricity, of which nuclear power is a clear example, are inherently unattractive for merchant' power plants which will sell their output into uncertain markets for several decades. This is not to say that a merchant' nuclear fleet cannot be built, but it is noticeable that the decline in new orders for nuclear plants in the market economies has coincided with growing liberalisation of power markets. But if the next few years bring experiences which suggest that highly fragmented power markets are incompatible with early investment to prevent power cuts, then the most basic current assumptions about investment in new generating capacity may prove to be invalid. A return to command-and-control power markets is not the only option, and indeed at present looks highly unlikely, but an acceptance that, say, a European electricity market characterised by the seven brothers' (EdF, RWE, E.On, Enel, Vattenfall, Endesa and Electrabel), each with considerable market power and each with significant involvement in supply as well as generation, could well create an environment in which longer-term investment is attractive. A sensible approach to future electricity production might well involve planning for this scenario, for example by ensuring that technical options are ready to be deployed if and when required, rather than leaving everything to the short-term forces which now predominate. |
© copyright The World Nuclear Association 2004


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Hi, I've got a Phenom II (quad core) processor in a small form factor case (silverstone). I wanted something a bit more silent, unfortunately I picked a Gelid Siberian and it didn't preform well. Temperature rose almost 10degrees @ idle. (up from 50 to 60 degrees).
I'm going to pull that out. Can anyone recommend a silent compact cooler that is a bit of an upgrade? I don't overclock.Oh, what's a safe temperature range to run this CPU at?
Thanks, a water cooler won't fit in my case Got one of these...http://www.silverstonetek.com/product.php?pid=182&area=en
The cooler master GeminII would probaly fit in your case a bit better. its not as good as the h60 but it will do the trick
I think I used too much thermal paste when mounting my new gelid siberian.
I guess I'll try again.
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Villa Marinos Comos View Apartment Pitsidia
Official Contact Details - Villa Marinos Comos View
Phone: 0030 6932513778Fabulous sea view, only 15 minutes walk to beach! Summer vacation home, quiet location on the edge of a vibrant Cretan village but only 5 minutes walk from local tavernas, supermarkets and bakery.
- Price from 70 EUR / Day
- Capacity up to 7 people
- 2 bedrooms & 1 bathroom
(click on a photo to view it)
Last updated: 06/24/2009
This is your property ?
Summer vacation home very close to the sea (15 minute walk), quiet location. Safe playing area outdoors for children. Everything is completely new, with luxury bathroom and kitchen, a/c in every room, and a living room with a panoramic view to the sea. If you tire of the amazing view from your window, we have satellite TV, DVD, or you can watch the sunset listening to your favourite music. Many interesting walks in the surrounding countryside through the olive groves. Enjoy a barbeque in the evening after your day on the beach. In the South of Crete there are many attractions to see during your holidays. Crete is the home of the Minoans, the first civilization in Europe, and there are several important archaeological sites nearby. Phaestos is on a scale to rival Knossos but only 15 minutes away by car; at Gortys is the former Roman capitol of Crete. If you decide to stay in the village there are activities as varied as sitting in the taverna, horse riding, and hiking. If you need something more lively, Matala is just down the road, with its nightlife, ancient caves, tavernas and attractive beaches.
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- Cash
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Location & area
Villa Marinos is situated in the quiet village of Pitsidia on the southern coast of the island of Crete.
It is only 4 km form Matala.
It takes 5 minutes by car or 15 minutes on foot to reach the beautiful sandy Comos beach.
Famous sight in the surroundings of Pitsidia include the palace of Festos, the Comos archaeological excavations, Agia Triada, the market of Mires and the ethnological Museum of Vori.
- Address:
- Heraklion Tymbaki, 70.200, Pitsidia, Greece
- Accommodation located in:
- near biking trails, near historical interest, near horse riding, near restaurants & bars, near the beach, near walking trails, village!
Amenities & services
# of Units: 1... and each unit includes:
- Bedrooms: 2
- Bathrooms: 1
- Single beds: 4
- Double beds: 2
- Baby cots: 0
- Single sofa beds: 1
- Double sofa beds: 0
- Towels:
- Bath:
- Hair Drier:
- Shower:
- Ironing Board:
- Stereo/Radio System:
- Library:
- Telephone:
- DVD Player:
- Fax:
- Washing Machine:
- Work Desk:
- Bed Sheets:
- Bikes:
- Cable/Satelite TV:
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- Internet Dial Up:
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- Oven:
- American Kitchen:
- Fridge & Freezer:
Living room
- Table & Chairs:
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- Swimming Pool:
- Lift / Elevator:
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- Tennis Court:
- Terrace:
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- Pets Welcome:
- Barbecue:
- Private Beach:
- Garden:
- Sauna:
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- City View:
- Daily Cleaning:
- Air Conditioning:
- DVD/Music Collection:
- Ensuite Bathroom:
- Balcony:
- Safe:
- Sea View:
- Central Heating:
Review - Villa Marinos Comos View
Villa Marinos Comos View - Contact the owner
Important Notice : Avoiding Fraud
It's rare, but some helpful hints to watch out for with regards to fraud:
- It is important to NEVER wire funds or use/employ other fund transfer mechanisms such as western union: Always use a credit card to protect yourself against fraud. If owners pressure you into providing a deposit or refuse to accept credit cards, there is a high probability that this is a scam.
- If at all suspicious of fraud, ask to see their website, or any other literature they can provide or send to you. Ask them for contact details for guests who have previously stayed on their property insisting on telephone numbers. Be suspicious of emails that originate from free email services (yahoo, hotmail, gmail, etc)
- Research the property thoroughly on the internet to see if there is any history or mention of scams associated with the property.


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: : Story
MLB Draft review: American League
Frankie Piliere
Tuesday, June 11, 2013
National League
PG Draft LIVE! Pick Tracker
2013 PG Draft Preview Content
Another draft is in the books, and while we're only a day removed from the process, it is time to take an early look as to how the teams fared.
As part of a two-part series (American/National League) I'm going to provide a quick synopsis of six American League teams that at first glance look to have done a good job in the 2013 MLB Draft. Patrick Ebert has done the same for the
National League
Cleveland Indians
First and foremost, the Cleveland Indians took the right player in Clint Frazier with the fifth overall selection. There was safe, and tempting college talent to be had in players like Colin Moran, but Frazier gives Cleveland a chance at an impact player.
Cleveland followed the Frazier pick with a barrage of college pitchers in many of the following rounds. Dace Kime, Kyle Crockett, and Adam Plutko are all pitchers who are not all that from big league action. Kime saw an increase in velocity this spring, as well as overall stuff, and has the look of a pitcher who could work in the middle of a big league rotation.
The wildcards of Cleveland's class are Sean Brady (LHP) and Casey Shane (RHP), two prep arms with upside. Brady performs on the level of a college pitcher at times, in terms of command and consistency, and had slightly improved velocity this spring. This is another team that took a very balanced approach with their draft crop, and racking up an outstanding amount of quality.
Detroit Tigers
The Tigers need to be mentioned here, whether you agree or disagree with how they went about it this year. Detroit took six college pitchers in a row to start their draft, beginning with Florida right-hander, Jonathon Crawford. They also netted familiar names like Corey Knebel, and Kevin Ziomek. Strikeout artist, Austin Kubitza also went to Detroit 126th overall.
All of these players are pitchers capable of moving up the ladder at a rapid rate, something Detroit puts a premium on. But, you could also make the case that they drafted three future relievers in a row at the top of their draft class. There's two sides to that coin of course, but Crawford's and Ziomek's detractors will point to arm action, among other things, as reasons they may eventually wind up as relievers. The same can be said for Kubitza.
The Tigers didn't take a high school players until the 696th overall pick, when they grabbed Tyler Alexander out of Carroll High School in Texas. They clearly had a game plan and stuck to it. And, they continued to find quality college arms in the draft like hard throwing righty, Matt Wotherspoon at 606th overall.
Houston Astros
For the second year in a row, all eyes were on the Astros, and they couldn't have handled their picks any better. After about two years or circling him, they finally landed Mark Appel, who has a reputation that speaks for itself. He has a front of the rotation profile, and most importantly could be pitching full-time in the big leagues by next year. They followed that pick with another college righty, Andrew Thurman, who also has a chance to fly up the minor league ladder. While he can't match Appel's arsenal, he also has power stuff, with a fastball that touched 96 this spring, as well as a breaking ball and plus changeup.
And, for the most part, the Astros did play it "safe" with their early picks. Kent Emanuel has big league quality command, but likely profiles as a back of the rotation starter. But, the good news is that he'll likely reach that ceiling quickly.
In terms of bats, Houston was able to buy low, so to speak, on Conrad Gregor, who showed blossoming power last summer, but didn't build on that performance this spring. His plate discipline, defense at first base, and potential for power make him a very intriguing pick at 107th overall. East Carolina slugger Chase McDonald (347th overall) is also a major sleeper pick that could do damage as a professional.
New York Yankees
You won't get teams to admit to drafting for need, and it's true that they won't necessarily do that to fill voids on the big league roster. But, there was a clear goal for the Yankees this year, and that was to get some college bats into their system to make an immediate impact on their talent pool. It wasn't a class without risk, as they rolled the dice on the 6-foot-7 slugger, Aaron Judge, who is the definition of a boom or bust prospect. The safeness of their first pick, Eric Jagielo, allowed the Yankees to gamble on Judge, as the Notre Dame slugger gives them a bat who could rocket up the minor league ladder on the strength of his left-handed power stroke. The only question with him is whether he can remain at third base.
Toolsy Michigan outfielder, Mike O'Neill (nephew of Paul O'Neill), was an excellent value at 103rd overall, as the upside is that of a quality big league corner outfielder with a combination of speed and power. In terms of pitching, prep lefty, Ian Clarkin was the big catch for New York - he'll be brought along slowly in their system - so adding some potential fast moving college players was very important for Damon Oppenheimer & Company.
This has the look of the most balanced Yankee draft class in years, and could be one with multiple players not far off from making a big league impact. Late round picks like Cal Quantrill (if signable) could be intriguing wildcards as well.
Oakland Athletics
We've used this word a lot already, but "balanced" is the best word to describe Oakland's draft class. Some of their picks may not end up being signable, but if they do ink some of them, their class looks as good as anyone's out there. They landed pitchers like Dylan Covey, Bobby Wahl, Kyle Finnegan, and A.J. Vanegas beyond the top three rounds, and all of those pitchers has flashed at least a plus fastball in the past. Again, it's contingent on actually get them signed, but that's one of the best crops of college right-handers landed by any team this year.
There were a number of teams hoping to net Billy McKinney at the back of the first round, but Oakland was the team that ended up with him. Left-hander, Chris Kohler, and righty Dustin Driver also add to a solid crop of prep players. But, McKinney and his ultra-polished left-handed bat is the crown jewel, giving Oakland a prep player with the ability to hit immediately as a professional.
Oakland's most intriguing pick, however, may have come with the 100th overall selection - Ryon Healy. Healy's right-handed power stroke blossomed last summer on the Cape Cod, and he continued to grow as a hitter this spring. He has a large, big league body type and may have the offensive profile to start at first base at the big league level.
Toronto Blue Jays
Arms, arms, and more arms. That was the story of the Blue Jays draft class. The Jays' scouting department reeled off four straight high school pitchers to begin their draft, and they didn't take a non-pitcher from any level until the 10th round when they selected catcher, Garrett Custons.
Phil Bickford (10th overall) is the clear prize for the Jays, but it was their next two picks that could put this draft class over the top in the coming years. Clinton Hollon has an electric right-handed arm when he's right, and Patrick Murphy was looking like one of the top arms in the country before having Tommy John surgery last spring. Getting Murphy at 83rd overall may end up looking like a steal in the future.
Although Toronto did some gambling on high school arms early, they loaded up on some arms from the collegiate ranks as well, taking big performers like Matt Boyd and Kendall Graveman in the top ten rounds. But, the overall trend has continued with Toronto looking to stockpile high upside young arms.
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Clint Frazier
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Kyle Crockett
Adam Plutko
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Jonathon Crawford
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08 Aug 2011


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UCB Physics in the News | |||||
Department Events | |||||||
Honors & Awards | |||||
In Remembrance | |
Physics in the News |
Title: | Universe\'s Dark Matter Mix Is \'just Right\' For Life |
URL: | http://www.newscientist.com/article/mg20026854.800-why-our-universes-d ark-matter-mix-is-just-right.h |
Date: | 12/04/2008 |
Publication: | New Scientist |
Editor: | |
Extended Text: | Universe\'s dark matter mix is \'just right\' for life
IT\'S not just the nature of dark matter that\'s a mystery - even its abundance is inexplicable. But if our universe is just one of many possible universes, at least this conundrum can be explained. The total amount of dark matter - the unseen stuff thought to make up most of the mass of the universe - is five to six times that of normal matter. This difference sounds pretty significant, but it could have been much greater, because the two types of matter probably formed via radically different processes shortly after the big bang. The fact that the ratio is so conducive to a life-bearing universe "looks like a tremendous coincidence", says Raphael Bousso at the University of California, Berkeley. Ben Freivogel, also at UCB, wondered if the ratio can be explained using the anthropic principle which, loosely stated, says that the properties of the universe must be suitable for the emergence of life, otherwise we wouldn\'t be here asking questions about it. In order to avoid questions about how these properties became so finely tuned, the anthropic principle is combined with the idea that our universe is part of a multiverse, in which each universe has randomly determined properties. Freivogel focused on one of the favoured candidate-particles for dark matter, the axion. Axions have the right characteristics to be dark matter, but for one problem: a certain property called its "misalignment angle", which would have affected the amount of dark matter produced in the early universe. If this property is randomly determined, in most cases it would result in a severe overabundance of dark matter, leading to a universe without the large-scale structure of clusters of galaxies. To result in our universe, it has to be just the right value. In a multiverse, each universe will have a random value for the axion\'s misalignment angle, giving some universes the right amount of dark matter needed to give rise to galaxies, stars, planets and life as we know it. Freivogel combined the cosmological models of large-scale structure formation with the physics of axions to predict the most likely value for the ratio of dark matter to normal matter that would allow observers like us to emerge. He assumed that the number of observers in a universe is proportional to the number of galaxies within it. In Freivogel\'s model, changing the ratio of matter type impacts the formation of galaxies, and hence observers; for example, too little dark matter would prevent the formation of galaxies and stars. His calculations show that of all the observers that might exist across the many universes, most would live in a universe with the dark matter abundance found in ours. In other words, we would be less likely to be here if our abundance of dark matter were different (www.arxiv.org/abs/0810.0703). Bousso is impressed by the analysis. "It is another piece that fits nicely into the puzzle, and it didn\'t have to fit nicely," he says. Leonard Susskind of Stanford University adds: "It is not the first anthropic explanation [for dark matter], but it is more compelling than the others" because it explains the axion\'s overabundance problem. |


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The Tulane School of Social Work currently is accepting applications for the Fall 2014 MSW Class. Advanced Standing students, who will begin in Spring 2015, can also apply at this time. Applications and scholarships will be considered on a first come, first accepted basis, so students are encouraged to apply as soon as they are ready
The deadline for Fall 2014 full-time, part-time and advanced standing applications is March 31, 2014.
For a paper application or for more information, contact us at 800-631-8234.
As of 2012, the School of Social Work is now the home of the Disaster Resilience Leadership Academy (DRLA). The DRLA offers several degrees for both graduate students and mental health professionals. Among those degrees are the Certificate Program in Disaster Resilience Leadership Studies for professional as well as a masters degree in Disaster Resilience Leadership Studies.
For more information about DRLA degree offering, please click here.
Tulane School of Social Work, 6823 St. Charles Ave., Building 9, New Orleans, LA 70118 800-631-8234 email@example.com


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Plumbing and Mechanical Systems Board Office321 E 12th StreetDes Moines, Iowa 50319-0075Phone: 1-866-280-1521FAX: 515-281-6114
The Iowa Plumbing and Mechanical Systems Board was established to license those working in the plumbing, hydronic, HVAC and refrigeration disciplines. The board issues trade licenses, specialty licenses and medical gas piping installation certification. Contractor licenses began to be issued on November 1, 2012. Anyone working in these disciplines in the state of Iowa is required to be licensed with the Board.
Board members serve three-year terms except for the terms of the initial members, which are staggered so that three members' terms expire each calendar year. No board member shall serve more than three full terms. The board organizes annually and selects a chairperson and a secretary from its membership.
If you are interested in becoming a member of the Board, you can find the information you need through the Governor's Office.
For additional information please contact us at 1-866-280-1521 or by using the "Contact Us" option on this site. If you have email, please join our list serve to automatically receive updates. To join send a blank email to: firstname.lastname@example.com.
Current Board Members:
Posted: Thursday, Mar 06, 2014
The Plumbing and Mechanical Systems Board's Notice of Intended Action for 641 IAC - Chapter 61 State Mechanical Code has been published in the March 5, 2014, Iowa Administrative Bulletin. The public comment period is now open. In addition, there will be a public hearing held on March 25, 2014 at the ICN locations noted in the bulletin, click on the link below.
Posted: Tuesday, Jan 21, 2014
During the 2013 legislative session, Senate File 427 was passed and signed into law on April 26, 2013. The bill contained several significant changes to the licensing program which will be implemented in stages throughout the next 3 years.
During this transition period any license with an expiration date of 01/01/2014 to 06/29/2014 will be given an automatic extension to 06/30/2014 at no cost. Renewal fees and proof of continuing education courses will be due beginning July 1, 2014. The memo link below provides additional information.
Please continue to monitor our web site for announcements as details develop.
Posted: Friday, Dec 20, 2013
Pursuant to Iowa Code 105.9, the Iowa Plumbing and Mechanical Systems Board has submitted their 2013 Annual Budget Report to the Iowa State Legislature.
The report is now available for review.
Posted: Tuesday, Nov 06, 2012
The Iowa Plumbing and Mechanical Systems Board wants to remind Contractors who are performing Iowa Code 105 covered work that they must obtain a Contractor license.
Effective March 12, 2014 fees for the Contractor license will be $250.00. Fees must be submitted with the application in order to be processed.
To access the paper application use the Licensure tab or click on the links below.
To view a list of licensed contractors, click on the Licensure tab to the left and then select Contractor Licenses or click the link below.