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The Pain in Spain
When the current economic crisis hit Europe in 2008, small countries on the periphery were its first victims: Iceland, Ireland, and Latvia. Within a year it had spread to Greece and Portugal, though the GDP of both nations—respectively 11th and 12th in the European Union (EU)—are hardly central to the continent's economic engine.
But now the contagion threatens to strike at the center of Europe. Spain, the fifth largest economy in the EU and 13th largest in the world, is staggering under a combination of debt and growth-killing austerity, and the balance books in Italy, the Union's fourth largest economy, don't look much better. Indeed, Italy's national debt is higher than that of Greece, Ireland or Portugal, three countries that have been forced to apply for bailouts.
Spain is a victim of the same real estate bubble that tanked the Irish economy. In fact, house prices in both countries rose at almost exactly the same rate: 500 percent over the decade. A feeding frenzy of speculation, fueled by generous banks and accommodating governments, saw tens of thousands of housing units built that were never inhabited. There are currently 50,000 unsold units in Madrid alone and, according to the web site Pisosembargados, Spanish banks are on track to eventually repossess upwards of 300,000 units.
Bailing out Ireland, Portugal and Greece has strained the financial resources of the EU and the International Monetary Fund (IMF), but rescuing Spain would be considerably more expensive. If Italy goes—with an economy a third larger than Spain's and more than twice as big as that of the EU's three current basket cases—it is not clear the Union or its currency, the Euro, could survive.
Given the current tack being taken by EU and the IMF, that might not be the worst outcome for the distressed countries involved. The current formula for "saving" economies in Ireland and Greece consists of severely depressing economic activity that is likely to lock those countries into a downward spiral of poverty and unemployment that will last at least a decade.
First, it is important to understand that the so-called "bailouts" of Greece and Ireland, and the one proposed for Portugal, will not "save" those countries economies. As Simon Tilford, chief economist for Center for European Reform, points out, the money is being borrowed—at a high interest rate—to bail out speculators in Germany, France and Britain. It is German, French, British, and Dutch banks that will profit from these "packages," not the citizens of Ireland, Greece, or Portugal.
Indeed, Portugal was forced to ask for a bailout, not because its economy is in particularly bad shape, but because speculators in other EU countries drove up borrowing rates to a level that the government could no longer afford. Rather than intervening to nip off the speculators, the European Central Bank sat on its hands until the damage was done, the government fell, and Portugal was essentially forced to sue for peace. The price for that will be steep: severe austerity, brutal cutbacks, rising unemployment, and a stagnant economy.
Spain and Italy are vulnerable to the same forces that forced Portugal to its knees, only they are far bigger countries whose economic distress will have global effects.
The current blueprint for reducing debt is to cut spending and privatize. But in a recession, cutbacks increase unemployment, which reduces tax revenues. That requires governments to borrow money, which increases debt and leads to yet more cutbacks. Once an economy is caught in this "debt trap," it is very difficult to break out. And when economies do improve, cutbacks to education, health care, housing and transportation put those countries at a competitive disadvantage.
For instance, Spain has drastically cut its education budget, resulting in a wave of "early leaving" students—at a rate that is double that of the EU as a whole—and a drop in reading, math and science skills. Those figures hardly bode well for an economy in the information age.
The "cuts to solve debt" theory is being played out in real time these days.
When the Conservative-Liberal alliance took over in Britain, it cut spending $128 billion over five years, on the theory that attacking the deficit would secure the "trust" of the financial community, thus lowering interest rates to fuel economic growth. But retail sales fell 3.5 percent in March, household income is predicted to fall 2 percent, and projections for growth have been downgraded from 2.4 percent to 1.7 percent. In terms of British people's incomes, this is the worst performance since the Great Depression of the 1930s. "In my view, we are in serious danger of a double-dip recession," says London Business School economist Richard Portes.
As bad as things are in Britain, they are considerable worse in those countries that bought into the "bail out." Ireland's growth rate has been downgraded from an anemic 2.3 to a virtual flat line 1 percent, personal income has declined 20 percent, and unemployment is at 14 percent. Greece is, if anything, worse, with a 30 percent jobless rate among the young, an economy that is projected to fall 4 percent this year, and between 2 and 3 percent the next.
If Portugal—with an unemployment rate of 14 percent—takes the $116 billion bailout, it will torpedo what is left of that nation's economy.
Even the managing director of the IMF seems to be taking a second look at this approach. Dominique Strauss-Kahn recently quoted John Maynard Keyes about the need for full employment and a more equal distribution of wealth and income. He also warned that bailing out the financial sector and focusing just on debt at the expense of the economy is a dead end strategy: "…the lesson is clear: the biggest threat to fiscal sustainability is low growth."
Is this a serious change of heart by the organization, or does one needs to take the IMF director's recent comments with a grain of salt? He is rumored to be resigning this summer to run for president of France as a Socialist. Hard-nosed market fundamentalism is not exactly the path toward heading up that particular ticket. And while Strauss-Kahn says one thing, the IMF's board of directors—largely dominated by the U.S. Treasury Department—has yet to signal a change in course.
However, the director's comments may reflect a growing recognition that "bailouts" that protect banks and their investors, while locking countries into a decade of falling growth and rising poverty, are not only politically unsustainable, they makes little economic sense.
The next step is debt restructuring, which means investors will have to take some losses—a "haircut," interest rates will be lowered, and payments stretched out over a longer period of time. So far, Greece and Portugal are refusing to consider restructuring because it will affect their credit status, but in the end they may have no choice in the matter.
"The basic reality is that we cannot service our debt," Greek economist Theodore Pelagid told the New York Times, "We don't need another bailout, we need creditors to take a hit."
Of course, there is always the Argentine approach: default. Faced with an astronomical debt burden, a stalled economy, and growing poverty, Buenos Aires tossed in the towel and walked away from the debt in 2001. "The economy shrank for just one quarter," writes Mark Weisbrot of the Guardian (UK),"and then grew 63 percent over the next six years, recovering its pre-crisis level of GDP in just three years."
So far there is no talk of defaulting by the financially stressed European countries, but the subject is sure to come up, particularly given the growing anger of the populace at the current austerity programs. Hundreds of thousands of people have poured into the streets of Athens, Lisbon and London to challenge the austerity-debt mantra, demonstrations that are likely to grow in the coming months as the full impact of the cutbacks hit home.
Iceland recently voted to reject a 30-year plan to pay British and Dutch banks $5.8 billion to cover their depositors who speculated on Iceland's high interests rates. Britain and the Netherlands are threatening to block Iceland's EU membership bid if it doesn't pay up, but these days, threats like that might be treated more with relief than chagrin in Reykjavik.
The bailouts have had a devastating impact on European politics. Governments have fallen in Ireland and Portugal, and the Greek government is deeply unpopular. In essence, the demands of banks and bondholders are unbalancing democratic institutions across the continent.
Spain's unemployment rate is 20 percent, the highest in Europe. If the EU and the IMF sells it a "bailout" similar to the ones Ireland, Greece and Portugal accepted, Spain's "pain" will be long lasting and brutal.
And Italy—with its decade-long 1 percent growth rate—waits in the wings.
If Italy goes, the EU will be split between northern haves and southern have-nots. Can a house so divided long endure?
CONN HALLINAN can be reached at: email@example.com


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One overlooked issue regarding the parking lease proposal is the lack of parking for historic residential buildings Downtown. New construction will be addressed to the detriment of older buildings and longtime owners. Without parking, these buildings cannot meet market rates; they deteriorate and become unsaleable. Owners and residents of these buildings need an option. We need to put provisions in place before the deal is made for after-hours, street-side residential parking.
Oh, and yes, people who live Downtown really do have cars.
Kim Klosterman
Posted in: government, Greater Cincinnati, Ohio
Tags: downtown cincinnati, parking

subset: commoncrawl


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© Depositphotos.com/icefront
Mislabelling a threat as a virus or a hack when it is neither may cause confusion among users and lead to inadequate or ineffective responses to the threat. For example, users who click on links in such survey scam messages may think that their antivirus software will protect them and still end up being dragged into a morass of bogus online surveys. Or, if they have installed a rogue Facebook application via such a survey scam, they may mistakenly believe that the "virus" will be removed by performing an anti-virus or anti-malware scan.
Moreover, due to the over-the-top, ALL CAPS rendering of the message, many users will likely dismiss it as just another fake warning and take no heed of the advice it attempts to provide.
Thus, although the advice in the message not to click links in the rollercoaster accident message are worth heeding, it nevertheless fails as a security warning and should not be shared in its current form.For the record, the teaser image used in the rollercoaster survey scam message - which ironically does not even depict a rollercoaster accident - is itself fake and has circulated in various other contexts for many months.
Last updated:January 5, 2014
What is a Facebook Survey Scam? - Survey Scams Explained
'Most Fatal Car Accident' Survey Scam
'World's Largest Snake Video' Survey Scam
'Shark Eats Swimming Man' Facebook Survey Scam
Physics of a Fake Broken Swing Image


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Most of our database tables can be sorted freely by columns by clicking on this icon in the column title. Would you like to know the biggest or heaviest wrestlers of all times? Just open the wrestlers list and sort by the respective column. Or, if you find that top/flop 100 are not enough, just sort the tables by ratings and find out what is the 101st most popular match in our matchguide.
Displaying items 1 to 93 of total 93 items that match the search parameters.
Latest comments of the CAGEMATCH inmates
kelsey wrote on 24.04.2014:
[10.0] "Magnus is a decent wrestler. Can adapt to brawling and mat work. Generic flyer. His mic skills are good. He is a good worker. Magnus is a good talent. TNA have done well to pick him up. He is also a man with a strong gimmick. He can be charismatic. The thing with Magnus is he is an amazing talent. Total package."
Szubak wrote on 08.03.2014:
[10.0] "Ever since Magnus stepped into Impact Wrestling, I saw something special in him. It took him some time to reach the top, but he got better every step along the way. The man is an entertainer, and a wrestler second. However, he is definitely good in the ring and with talking. I'm glad to see him as champion. 2014 is the year of Nick Aldis."
AriesMark wrote on 11.02.2014:
[8.0] "Has become a really good wrestler in recent years. Probably one of the better cowardly heels in wrestling today"
HammertonWay wrote on 27.12.2013:
[9.0] "Nothing could make me happier than to see Magnus as world champion. He has worked hard since day one, and TNA took care of him, putting him in tag teams with fantastic wrestlers. Douglas Williams, Desmond Wolfe, Samoa Joe, they have helped him become the man he is today. He is the first major British world champion, he's only 27 years old, and Magnus has a lot left to show us."
jchiofal wrote on 25.12.2013:
[10.0] "Magnus has become one of the fastest rising stars in TNA, and for good reason. Besides having a look that people associate with a wrestler, he moves well, is powerful, and has strong matches. Magnus has had many memorable moments as a wrestler in TNA, however, his title win is the moment that people will remember. Can't wait to see where this turn will take him."
daniel cassidy wrote on 26.11.2013:
[4.0] "There's nothing specifically good or bad about Magnus. He's a good wrestler, an adequate talker at the best, sells well, has managed to have a decent match or two, and has excellent charisma. Above all that stands the blandness of his character, and it stands tall. Don't get me wrong; I'd like to see Magnus succeed and I'm willing to give his matches and honest try, it's just that I can't see past just how boring he is inside and outside the of ropes. It's hard for me to see Magnus as anything more that simply "TNA's British guy"."
JustinJDMarineau wrote on 04.10.2013:
[10.0] "I've been a big fan of Magnus ever since he paired up with Desmond Wolfe and Chelsea back in late 2010. Not only can you look at him and see future world champion written all over him, but this guy has every other tool necessary to be a world heavyweight champion someday. Magnus has all the potential in the world to become a world champion and an absolutely fantastic main eventer, it just depends on how TNA uses him. He's doing great right now as one of the up-and-coming talents on the TNA roster and he's in a prominent role on TNA television today, but I really hope they'll eventually utilize him to his full potential because Magnus is a TNA home grown talent that you just cannot throw to the wayside at all."
Blodyxe wrote on 12.07.2013:
[7.0] "This lad is a true prospect! Good on the ring, looks and sounds pretty pleasant. I would push him too, but more carefully. Love his elbow drop from the turnbackle!"
Witchfinder wrote on 20.08.2012:
[7.0] "Magnus is a good wrestler. He has to do better though if he wants to be one of TNA's aces. I liked his recent trip to Japan."
6.83Current Total Rating
Number of comments: 56
Average Rating: 6.90
Average in 2014: 7.62
Average in 2013: 7.63
Average in 2012: 6.93
Average in 2011: 6.33
Average in 2010: 6.92
Average in 2009: 5.73
Average in 2007: 6.00
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Mankind: "Well, I know one thing - it's about damn time I got some new entrance music. Am I the only one that noticed that on every frame on that video, well, I'm kind of getting my ass kicked, aren't I? Well that's all right, because that's the story of my life,...Read on!
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Reliance Capital Limited (RCL) was incorporated in year 1986 at Ahmedabad in Gujarat as Reliance Capital & Finance Trust Limited. The name RCL came into effect from January 5, 1995. In 2002, RCL shifted its registered office to Jamnagar in Gujarat before it finally moved to Mumbai in Maharashtra, in 2006.
In 2006, Reliance Capital Ventures Limited merged with RCL and with this merger the shareholder base of RCL rose from 0.15 million shareholders to 1.3 million.
RCL entered the Capital Market with a maiden public issue in 1990 and in subsequent years further tapped the capital market through rights issue and public issues. The equity shares were initially listed on the Ahmedabad Stock Exchange and The Stock Exchange Mumbai. Presently the shares are listed on The Stock Exchange Mumbai and the National Stock Exchange of India.
RCL in the initial years engaged itself in steady annuity yielding businesses such as leasing, bill discounting, and inter-corporate deposits. Later, in 1993 diversified its business in the areas of portfolio investment, lending against securities, custodial services, money market operations, project finance advisory services, and investment banking.
RCL was accredited a Category 1 Merchant banker by the Securities Exchange Board of India (SEBI). It had lead managed/co-managed 15 issues of an aggregate value of Rs. 400 crore and had underwritten 33 issues for an aggregate value of Rs. 550 crore. All these companies were listed on various exchanges.
RCL obtained its registration as a Non-banking Finance Company (NBFC) in December 1998. In view of the regulatory requirements RCL surrendered its Merchant Banking License.
RCL has since diversified its activities in the areas of asset management and mutual fund; life and general insurance; consumer finance and industrial finance; stock broking; depository services; private equity and proprietary investments; exchanges, asset reconstruction; distribution of financial products and other activities in financial services.


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Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)Wopular,
A judge in Frankfort is set to take up when to set a trial over the issue of Instant Racing at racetracks.
Kentucky athletic director Mitch Barnhart has given coach Mark Stoops another contract extension through the 2019 season in an amended deal that will now pay him a total of $21.7
Two men have been arrested after police say set out to scare and hit up people for money outside a Halloween-themed strip called Ghost Run in Louisville.
The story seems to be the same every season at Kentucky: Lose star players to the NBA, replace them with another group of one-and-doners, compete for a national championship.
The gunman in a fatal robbery attempt that killed a "Cops" TV show crew member in August had alcohol, marijuana and PCP in his system at the time of his death, Omaha police said Friday.
He had been accused of writing more than $41,000 worth of bad company checks.


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Kannan, Mor lift titles in Central Excise tennis
Veteran Tamil Nadu player Vijay Kannan lifted the men's singles title in the Central Excise Open AITA Grass-court Tennis Championship by prevailing over statemate T Elwin Antony here Sunday.
The 34-year-old Kannan won the final 3-6, 6-3, 6-0 at the grass courts of the Central Excise Athletic Club.
Haryana's Himani Mor became the women's singles champion with a 6-7(7), 6-1, 6-2 victory over Maharashtra's Namita Bal.
Antony broke Kannan at 4-3, and retained the lead to pocket the set.
Kannan drew parity by forcing Antony to play more from the baseline and rallied to emerge triumphant. In the decider, Kannan was on song and took the set, match and title without dropping a single game.
In ladies Singles final, unseeded and qualifier Mor had the last laugh after a a long one hour and 55 minute contest against Bal.
Bal demolished Mor twice in the opening set to open up a 5-1 gulf.
But More raised her game to push the set into the tie-breaker. However, Bal kept her cool at the crucial points to take the set.
However, the second and the deciding sets were one-sided affairs as Mor took complete control, letting go consistent ground strokes from the baseline, besides executing some exquisite finishes at the net. Brimming with confidence, Mor took both the sets to wing the tournament.
(Posted on 23-02-2014)
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In 17th century New England, women usually arrived with family members to band together in cooperative religious communities organized for the collective good which included shared economic goals. Almost immediately, their healthier living conditions allowed for reproduction by natural increase.
Intact family units let New England families adapt to their new world more easily. The New England family often planted just enough to sustain themselves within their community, unlike the profit driven Chesapeake family desperately trying to produce as much as possible.
The average colonial man in New England viewed himself as a member of a family group in which he had rights as well as obligations. Usually husbands and wives worked together for the good of their immediate and extended family and for the good of their community. Men spent most of their time working within with an extended family which sought interdependence with their wider community.
In early New England, both men and women believed that individuals and family should be subordinated to the demands of the greater community. A few portraits of seventeenth century New England women and their children survive.


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Yes, almost every day for modeling with castings and auditions. You learn to not take it personal, sometimes you'll be everything they look for and with the next project… you won't be. It's the business. With time you just understand and learn to be the best person you can be :-)
Thank you superman for the kind words! …note taken :)


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After spending some quality time with Stephen Dau (The Book of Jonas), we're even more excited about the upcoming shipment of our latest installment of Indiespensable. As if such a thing was possible.
If you hurry, you might be able to snag one of the last few remaining installments…
Tomorrow's great writers are hard at work today, writing and publishing the books that will make them famous. We can't be sure who they'll be until we get there — but we could guess… Actually, we did! Save 30% on our picks for tomorrow's award winners. Read them today and you can say you knew them when.
Katie Arnold-Ratliff, autograph-generating gladiator, stopped by today and signed over 1300 books for Indiespensable subscribers! If you act fast you can still secure your signed, limited hardcover edition of Bright before Us.


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7 March 2009 at 8:28 am
Um … where are the cartoons?
7 March 2009 at 2:20 pm
Well, close enough, no?
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Vegetarianized Recipe: Mock Crab Cakes
We were in Virginia Beach for vacation recently, and the mid-Atlantic is crab central. I got a brainstorm to swap out...Posted on Sunday, August 25, 2013 By Adrienne D. Capps
Waiter, There's a Bee in My Soup
Chef Pajo Bruich has created no shortage of buzz since taking over the kitchen at Enotria last year. But he really caused eyebrows to raise—some in delight, a few in horror—when he posted Facebook photos of the candied bees he and his crew served recently at the Del Paso Boulevard restaurant.Posted on Tuesday, August 20, 2013 By Jan Ferris Heenan
Three Wishes For Downtown
As Sacramento digs into the future of the Kings and a downtown arena, food has a place at the table. Here are my three wishes for downtown developmentPosted on Tuesday, August 20, 2013 Ed Murrieta
Think Pink: The Co-op Showcases Some Unique Seasonal Produce
Feel like snacking on something unusual? Check out the produce section at Sacramento Natural Foods Co-op , which is...Posted on Monday, August 19, 2013 by Kira O'Donnell
Don't Miss It: Magpie's BLT
The BLT is an enduringly popular sandwich, yet many versions you find of this humble American nosh can be...Posted on Monday, August 19, 2013 by Kira O'Donnell
Want to Revel in Farm-to-Fork Cuisine? Check Out Taylor's Kitchen
Now is the time to savor fresh, ripe summer produce - and one of the most exciting restaurants in town in which to...Posted on Tuesday, August 13, 2013 by Kira O'Donnell
Coming Soon: A New Crop of Walnuts
The California walnut harvest is approaching soon, and I'm looking forward to digging into the new crop. Did you...Posted on Tuesday, August 13, 2013 by Kira O'Donnell
Slow Food Sacramento to Host Mixer on Aug. 18
If you've been thinking about joining the Slow Food movement, this week's a great time to become a...Posted on Tuesday, August 13, 2013 by Kira O'Donnell
Get on Board the (Local) Beer Train
Local microbrewery products will be showcased on Aug. 24 aboard the Sacramento River Train's "Beer...Posted on Tuesday, August 13, 2013 by Kira O'Donnell
Try It: Huong Lan's Banh Chuoi
I stopped in recently for one of Huong Lan's delicious báhn mi sandwiches, and – while waiting for...Posted on Monday, August 12, 2013 by Kira O'Donnell


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Topics: Health Costs, Politics, Public Health, Health Reform
Apr 27, 2012
House Republicans are eyeing the fund as a means to offset the costs of extending the current interest rates for student loans, but Democrats have other plans.
The Associated Press/Washington Post: Boehner Berates Obama's College Visits As Dems, GOP Fight Intensifies Over Student Loans
Their chief remaining dispute is how to pay for the $5.9 billion cost of keeping those rates low. When it comes to that, each side has in effect taken a political hostage: House Republicans would cut spending from Obama's prized health care overhaul law, Senate Democrats would boost payroll taxes on owners of some private corporations and House Democrats would erase federal subsidies to oil and gas companies (4/26).
Los Angeles Times: Pelosi Calls Plan To Gut Public Health Fund Another Assault On Women
As the battle intensifies over keeping student loan interest rates low, House Minority Leader Nancy Pelosi called the Republican plan to gut a public health fund to pay for it "another assault on women's health" (Mascaro, 4/26).
Politico Pro: Clash Over Prevention Funding Escalates
Democrats on Capitol Hill say they'll block a Republican proposal to take billions out of the health care reform law's Prevention and Public Health Fund to prevent a student loan interest rate hike this summer. Picking up on the campaign season "war on women" theme, House Democratic Leader Nancy Pelosi accused Republicans of robbing women of cancer screenings and immunization for their children with their plan to cut $11.9 billion from the fund in the next 10 years (Haberkorn, 4/26).
CQ HealthBeat: Sebelius Cautions as House Readies Student Loan Bill
Health and Human Services Secretary Kathleen Sebelius warned lawmakers Thursday against repealing a health care overhaul fund that congressional Republicans have targeted to pay for maintaining the current federal student loan interest rate (Attias, 4/26).
National Journal: Health Group Rally For Public Health Fund
Public health groups are rallying the troops to try to help preserve the public health fund created under the 2010 health reform law, which Republicans now say they'll raid to help pay for a student loan program. Republicans call it a slush fund, while public health experts who called for the fund say it protects vital programs from the vagaries of year-to-year Congressional funding fights – fights like this one (Fox, 4/27).
This is part of Kaiser Health News' Daily Report - a summary of health policy coverage from major news organizations. The full summary of the day's news can be found here and you can sign up for e-mail subscriptions to the Daily Report here. In addition, our staff of reporters and correspondents file original stories each day, which you can find on our home page.
© 2014 Henry J. Kaiser Family Foundation. All rights reserved.


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Bob Haider – Chair
Bob is a founding partner of the consulting firm, Split Rock Learning, LLC. With his partners, he designs, develops and facilitates sales and management training programs. Bob has spent the majority of his career in some aspect of retail training and development. While doing so, he has developed a passion for all aspects of learning. This passion carries over to the School of Environmental Studies. SES is special to him as they truly are on the cutting edge of learning.
Bob has two daughters; the oldest graduated from SES in the spring 2010 and is now a sophomore in college. Her time at SES served her very well and has made the transition to college life much easier and more successful. Bob's youngest daughter is now making her mark on SES as a junior.
In his spare time, Bob can be found reading, riding his bike, traveling with his family or volunteering in his local community of Northfield.
Melissa Thone, '01 – Vice-Chair
Melissa is a 2001 graduate of the School of Environmental Studies. She is a registered nurse with an additional five years of experience working in non-profit fundraising and event planning for both the National MS Society and the American Cancer Society. Melissa completed her nursing education at St. Catherine University, and she also holds a degree in Mass Communications with an emphasis in Public Relations from the University of Wisconsin-Eau Claire.
Melissa has served on the SESEF board since 2007. She feels that serving the School of Environmental Studies in this manner is the least she can do to give back to a school that has given her so much.
Melissa enjoys biking, reading, volunteering, and discovering the culinary treasures of her Minneapolis neighborhood. She loves to travel and hopes to set foot on all seven continents within her lifetime.
Jennifer Hanson, '97 – Secretary
Jennifer Hanson (Harrison) is a 1997 graduate of the School of Environmental Studies. With 10+ years of fundraising experience, Jennifer is currently employed as a Major Gifts Officer at the Animal Humane Society (AHS). She has a Master's degree in Nonprofit Management from Hamline University and also holds the Certified Fundraising Executive (CFRE) credential. In addition, Jennifer has a bachelor's degree in Journalism with an emphasis on Advertising from the University of St. Thomas.
As part of the first graduating class (two years in attendance) of SES, Jennifer believes in the importance of upholding the traditions and unique attributes that set SES apart from other high schools. She was able to leave SES with the ability to think critically and strategically – a skill that helped to lay the foundation for a successful college experience and professional career.
When Jennifer is not working, she can generally be found playing with her Black Lab, Sierra, or one of her four cats. She also volunteers her time with Leech Lake Legacy, an organization that helps rescue stray dogs and cats from the Leech Lake Reservation. She also enjoys running, cycling, arts & crafts, and a good cup of coffee.
Mary Schrader – Treasurer
Mary has been an SESEF board member since 2009 and is currently the SESEF Treasurer. She is the parent of two SES graduates; Class of 2011 and Class of 2013. Mary is a retired after a fulfilling 30 years in Law enforcement with the Minnesota State Patrol. She enjoys the behind the scenes involvement of assisting the SES Community. It has been an opportunity to meet other parents and the staff at SES. She is elated with the aptitude that the students at SES demonstrate. She feels the SESEF Board has made wise decisions that have provided funding to students and staff of SES for additional opportunities that only enriches the SES experience.
Dan Bodette – Principal
Dr. Bodette has been the Principal of the School of Environmental Studies (SES) since its opening back in 1995. SES is an optional high school that is thematically based and is located in the Twin Cities metro. He has been a leader in education for 34 years, serving as a principal for 26 years and as a science teacher for eight years. Mr. Bodette has ties to the international education community, having served as a science teacher in Venezuela and in Belgium.
Dr. Bodette received his Doctor of Education Degree (Ed.D.) from the University of Minnesota in 1998, a Master of Science Degree in Educational Administration from the University of Wisconsin - Madison in 1987, and a Bachelor of Science Degree in Biology from the University of Wisconsin - Stevens Point in 1980.
Dr. Bodette has presented at numerous national and international conferences about the unique and innovative programming that occurs at SES. Thousands of educators have visited SES and have responded in a positive fashion to the curriculum, culture, and climate of the building. The school has been recognized nationally for implementing the "breaking ranks" components to the school day, and was named a New American High School by the U.S. Department of Education in 1999.
Sarah Berger – Board Member
Sarah joined the Board after witnessing the amazing opportunity that was being offered to her daughter: inspiring, creative, rigorous learning in an amazing environment. Now the parent of an SES graduate, Sarah continues to give her time and resources to ensure that SES remains a vibrant and vital school for other students. Sarah is a major gifts officer for the Animal Humane Society and manages her family's farm in Waseca County. In addition to serving on the SESEF board, Sarah also serves on the board of Eureka Recycling.
Ross Lawrence, '00 – Board Member
Ross is a year 2000 graduate of the School of Environmental Studies. Ross holds a Bachelor of Science from Aquinas College in Grand Rapids, Michigan, and Juris Doctor from Hamline University School of Law. He decided to join the SESEF board so that he could give back to the school that planted the seeds for his successful career journey. Currently an attorney at Robins, Kaplan, Miller & Ciresi LLP, Ross enjoys keeping active with community involvement and any outdoor activity. Favorites are cross-country skiing and frequent bouts of fetch with his whippet, Sir Francis Drake.
Steve Mesmer – Board Member
Steve joined the SESEF board after his daughter enrolled in SES in 2013 and he saw first-hand the school's innovative approach to education. With its strong focus on academic excellence and project-based learning, the SES program effectively gets students excited about learning and provides them with the critical skills they'll need for college and career. Steve is thrilled about assisting SES achieve its goals.
With over 25 years as an educator, Steve cut his teeth as a middle and high school teacher, and has spent the majority of his career creating educational technology, curriculum, and assessments used by schools across the U.S. When not working, he can often be found wandering the trails of Lebanon Hills with his family, dogs, and camera.
Kris Russell – Board Member
[Bio to come...]
Cindy Schriber – Board Member
[Bio to come...]
Amy Simon – Board Member
[Bio to come...]
Kevin Stanek – Board Member and Webmaster
Kevin Stanek is the proud father of an equally-proud 2005 graduate of SES. Out of gratitude to SES for its benefit to his daughter, Kevin started his involvement with SESEF when he volunteered to create a new website for the Foundation. Kevin's involvement with the Foundation grew to the point that he served as the chairperson from June 2007 through June 2010.
Kevin works with student and faculty grants, and is the webmaster of www.sesef.org.
Jane Tunseth – Faculty Representative
[Bio to come...]
Jean Unzicker – Faculty Representative
[Bio to come...]


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It's 2008 - Roseville dining?
- n
- NoCAFoodie Jan 1, 2008 02:29 PM
We'll be down that way in a couple of days. Cuisine style is open. We're all pretty flexible, and want to sit around and catch up on the past 18 months or so. What's new? What's good?
What should we avoid at all costs?
Thanks in advance!
For clarification, are you looking for a place that can hold 18 for dinner in a quiet atmosphere? Many places have banquet facilities that are separate from the (usually) noisy dining rooms in Roseville. Also, how much are you willing to spend? If possible, please choose a cuisine style since that is a better way to get recommendations.
I have heard good things about Crush 29, but I have not eaten there. Roseville is full of chains of all shapes and sizes. I always like Il Fornaio, and they have very good private dining facilities.
re: Sacto_Damkier
I'm sorry...I should have been a lot more clear. We shall be three...perhaps 4, usually only 3 though. We'd like a nice place with really good food, we shy away from chains usually, and an atmosphere that lets us chat and where we won't get shoved out the door as soon as we've finished our entrees!
re: NoCAFoodie
I second the idea of Il Fornaio. If you request a table in the room that is closest to their patio, the tables are nicely spaced apart and you will be able to settle in for a relaxed time. It is a bit sad that it is located at the Roseville Galleria, but it is easy to leave that atmosphere behind once you are inside the restaurant. While Il Fornaio is a chain, I really don't think of it that way. They have a monthly regional menu so there is usually something new to try. A friend and I go there a couple of times a year to catch up. Then we'll wander over to Crate & Barrel or Williams-Sonoma where one or both of us has something we need or want to get.
If you've already been to Il Fornaio, another suggestion is La Provence, which is nicely away from the malls and mall parking lot atmosphere. I think the food is a bit uneven, compared to Il Fornaio, but overall good and the space is very nice. In the winter, my favorite location for 3-4 people to sit would be on the edge of the main room, again nearest the windows and patio. Next to La Provence is Capitol Cellars, a wine store that is worth checking out.
re: NoCAFoodie
Sorry about that, I confused 18 months with 18 people! 3-4 is no problem. Nice place with really good food is still somewhat vague, but I would concur with Hawks below in Granite Bay. I have found Roseville to be Chain Central, but there are probably some hidden gems.
I'd recommend Hawks - I've been there twice and it's been pretty good both times. It's in Granite Bay, not too far (maybe 10 mins) from Roseville.
Here's the webiste so that you can check out the menu.
5530 Douglas Blvd, Granite Bay, CA 95746
Carmelita's...Riverside Blvd, old Roseville. Great mexican (especially the chicken dishes). Nice, family owned.
Granitos (Granite Bay) a great Italian place. Menu changes daily. Teeny Weeny place, seats about 20. The Chef, Lester, is a hoot. he may seem like an asshole to the unitiated, but he is really just putting on act. And he is one hell of a chef.
Next door is lakeside liquors. Fri and Sat wine tastings. Different wines every week. On Douglas east of Auburn Folsom road.
Fins (Sierra College and Douglas). Old school, fish house. Fresh fish, small place.
re: bennyboy1
A link to my post the first time I went to Granitos....http://www.chowhound.com/topics/84304
re: bennyboy1
I second Fins Market & Grill for simple, excellent fish.
Fins Market & Grill
8680 Sierra College Blvd Ste 195, Roseville, CA 95661
re: bennyboy1
I third Fins, but have to disagree with Carmelita's. Maybe I'm ordering the wrong stuff, but every meal I've had there has been heavy and greasy and left me feeling unpleasant. On Riverside, I prefer the Roseville Tortilla Factory, but it's a grocery / taqueria / tortilleria -- not really a place to hang around and socialize.
re: bennyboy1
I found Granitos to be nice but did not consider it a good value for the money. It seemed pretty pricey but the food was good with friendly service. Since the place is very small on a busy night it would not be the place to linger while others are waiting to be seated.
re: hungerpains
Outside of weekend nights (and even then really) the place doesn't get that buy anymore.Los of competition round those parts now....
One more. For breakfast or lunch or even dinner try Brookfields. Right by the water park on I80. Much better than Denny's or any other diner style place. MUCH BETTER. More money but the food is really good and fresh with some interesting menu choices.
I live within walking distance of La Provence and eat there quite often. With the recent opening of the park next to La Provence we utilize the dog leash parks and bike trails during the weekends and stop in for their "graffeo" (not sure of the spelling) coffee, espresso, and fresh french cookies. Last time I was in they added some local producer's cheese and olive oils into their deli. It's a beautiful place that reminds me the french cafe's in Provence.
I am a "foodie", I enjoy good, fresh, regional ingredients prepared with passion. I definately recommend that you follow the Mike Dunne articles in the Sacramento Bee and enjoy his reviews and blogs. I can see why he has consistently given La Provence a top 10 rating in Sacramento. The heirloom tomatoes are actually heirloom and in their proper season! The dishes I enjoy the most are the gnocci, rack of lamb, and the foie when they have it. I' also enjoy Hawks and Taste, but La Provence has that extra touch. Masque and Crush 29 were pretty disappointing. Il Fornaio is nice but the mall construction is awful and it's "behind" the mall? As long as I remember Ruth Chris, Il Foranio and Piatti are all chains and purchase their food like a chain going into a meal, they're not bad. Piatti is more reasonably priced but given it's location, drive the extra 5 minutes to Hawks.
I've attended a couple of wine dinners at La Provence, Cakebread, Jordan and Silver Oak to be specific and had a magical time. The food was to die for and the pairings amazing. The wine list has a great selection of french and foothill wines.
It hasn't always been perfect but when we've asked for a manager they greeted us warmly and quickly resolved any issue we had. If I had a criticism it's that they can be too busy and too loud at peak times, but their recent addition of oil paintings on the walls has seemed to help.
I've dined at La Provence when they've lit outdoor fire pits with real wood and we were able to go out and take our desserts and coffee outside and interact with other guests doing the same.I've actually seen them have small garden weddings at sunset during spring and fall. It is truly a romantic place that my wife and I enjoy.
Granitos - I heard Lester passed away. Might want to avoid this place.
Hawks is great
Also new and getting good reviews is Paul Martin's American Bistro
reservations needed for both


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Lake Tahoe Lodge-Based Adventure
These vehicle supported, lodge based tours will support your invigorating day adventures. Most Level 2 treks will require you carry a day pack while traversing at elevations over 9,000 ft. for 6 or more hours. Rewardingly challenging yet restoring. See all Trip Fitness Levels.
- Hike along Lake Tahoe's east and west shores, trek Donner Summit, and hike a portion of the Pacific Crest Trail
- Visit Squaw Valley, home of the 1960′s Olympics
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Experience the pure joys of simplicity without sacrificing comfort.
Guided hikes will connect you to the history of Lake Tahoe and Truckee while offering amazing mountain range views from outstanding trails. You will experience a portion of the famed Pacific Crest Trail, hike up Shirley Canyon to visit Squaw Valley USA, home of the 1960 Winter Olympics, and be immersed in spectacular vistas from Donner Summit.
Sublime hiking trails and outstanding vistas unite with prized accommodations and dining for the best guided five-day Lake Tahoe summer adventure.
Experience Tahoe from our base camp, a place recognized as a top travel destination by Travel & Leisure, Trip Advisor, Sunset and Wood Works California Wood Design. With ample downtime, incredible natural beauty, and a wide variety of memorable hikes, Tahoe offers an ideal retreat from the speed and pressures of everyday life.


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River of Fire and Other Stories
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O Chonghui crafts historically-rooted yet timeless tales imagining core human experiences from a female point of view. Since her debut in 1968, she has formed a powerful challenge to the patriarchal literary establishment in Korea, and her work has invited rich comparisons with the achievements of Joyce Carol Oates, Alice Munro, and Virginia Woolf. These nine stories range from O Chonghui's first published work, in 1968, to one of her last publications, in 1994. Her early stories are compact, often chilling accounts of family dysfunction, reflecting the decline of traditional, agrarian economics and the rise of urban, industrial living. Later stories are more expansive, weaving eloquent, occasionally wistful reflections on lost love and tradition together with provocative explorations of sexuality and gender. O Chonghui makes use of flashbacks, interior monologues, and stream-of-consciousness in her narratives, developing themes of abandonment and loneliness in a carefully cultivated, dispassionate tone. O Chonghui's narrators stand in for the average individual, struggling to cope with emotional rootlessness and a yearning for permanence in family and society. Arguably the first female Korean fiction writer to follow Woolf's dictum to do away with the egoless, self-sacrificing "angel in the house," O Chonghui is a crucial figure in the history of modern Korean literature, one of the most astute observers of Korean society and the place of tradition within it.
Authors: O, Chŏnghŭi
Uniform Title: O, Chŏnghŭi. English. Selections
Title: River of fire and other stories
Publisher: New York : Columbia University Press, c2012
Characteristics: 224 p. ; 21 cm
Content Type: text
Media Type: unmediated
Carrier Type: volume
Contents: The toyshop woman
One spring day
A portrait of magnolias
River of fire
Morning star
Lake P'aro
The release
The old well
One spring day
A portrait of magnolias
River of fire
Morning star
Lake P'aro
The release
The old well
Additional Contributors:
Branch Call Number: FIC O 2012
Statement of Responsibility: O Chŏnghŭi ; translated by Bruce and Ju-Chan Fulton
Bibliography: Includes bibliographical references
Subject Headings: O, Chŏng-hŭi Translations into English
LCCN: 2011038624MARC Display»
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Weekend packed with events of all types
This weekend will be filled with local events certain to provide something for everyone.
On Friday, the Tunica Fall Class Tennessee Walking Horse Show will be in full swing at the Paul Battle Arena and Expo Center. Also, the first Tunica Balloon Bash is planned for the resort area. Visitors can attend a balloon glow at sunset at Fitz Casino, Gold Strike, Hollywood or Horseshoe on both Friday and Saturday. Tethered rides will be available and visitors can meet the pilots. The event continues through the weekend.
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What Pace Easy Days
Training schedules are mostly filled with easy days. Yet while we get detailed instructions on exactly what pace to run each repeat on our hard days, the pace and effort for easy days is left maddenly open. Examples from elites don't always help. We hear that Kenyans run very, very slow on easy days, and we usually go too fast. But then we read that Alberto Salazar coached Mo Farah to run faster on his easy days. What pace should we run on all these open-ended, non-workout days? Like much in training, it depends‹on what your training for, how many hard days you¹re doing, where you are in your training cycle, how much time you need for recovery and more. RT looks at what factors should effect your pace on an easy day, and we simplify the decision with a flow chart to help you run the right pace every day out.
Photo Essay: Buzunesh Deba Runs NYC
Buzunesh Deba is the best marathoner training on U.S. soil. Ethiopian by birth and citizenship, she lives and trains in the Bronx, not far north of where she hopes to cross the finish line first in this month¹s New York City Marathon after placing second twice. Coming off a sub-2:20 at this year's Boston marathon, we capture her training in familiar venues around the Big Apple.
State of U.S. Marathoning
In the year 2000, the U.S. sent only one man and one woman marathoner to the Olympic games. Following that low, renewed efforts by groups around the country seemed to yield results: full fields raced in Athens and the U.S. brought home two medals, Deena¹s bronze and Meb¹s silver. A decade later, while the U.S. results have improved dramatically in the middle distances, we seem to be in a holding pattern in the marathon. We analyze the data and ask questions of coaches, athletes and experts about our competitiveness and potential on the world stage.
Shoe Guide
The fall season has produced another bumper crop of new shoes. Improved materials and the lessons learned from minimalism and maximalism have merged to make some of the best running shoes ever, providing cushioning and stability with light, smooth-running midsoles. We've refined our shoe spectrum to reflect the new nuances in stability and help you find the shoe that best fits your pace, stride, and preferences.
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John Lennon
Radio.com Minimation: John Lennon on the Beatles Opening for Little Richard and Gene Vincent
On Minimation, we comb through the archives of legendary New York radio station WNEW-FM and animate interviews with legendary rock artists. This installment is taken from a 1975 interview with John Lennon, where he recalled the days when the Beatles opened for Little Richard and Gene Vincent.
John Lennon's Solo Material Added to Spotify
Spotify just landed another Beatle.
Radio.com Minimation: Cheap Trick on Getting Cut from John Lennon's 'Double Fantasy'
Like most bands of their generation, the guys from Cheap Trick were huge Beatles fans. So it must have been a thrill when guitarist Rick Nielsen and drummer Bun E. Carlos were invited to play on a John Lennon album.
The Beatles Offer '4,' a Free EP of Solo Tracks
Universal Music confirmed to Radio.com that this is the first time that solo songs from the Beatles have been packaged together in this way,
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More than 30 years after killing John Lennon, Mark David Chapman is finally showing a bit of remorse.
Watch Eddie Vedder's Poignant Cover of John Lennon's 'Imagine'
Pearl Jam's Eddie Vedder just wants peace.
Paul McCartney Talks '70s Beatles Reunion Offers in KROQ Interview
Paul McCartney called into Los Angeles's KROQ (a Radio.com station) during the Kevin and Bean show this morning to plug his current "Out There" tour, which hits Dodger Stadium on Aug. 10. During their conversation, they discussed everything from the Beatles to Dave Grohl to his daughter's musical taste.
John Lennon & Yoko Ono Share Their Secret To Love In Animated PBS Interview
Every Tuesday, PBS digital studios releases a weekly web series titled Blank On Blank, where lost interviews with iconic performers, entertainers and figures are transformed into whimsical animations. This week, PBS released a touching interview […]
Dentist To Attempt To Clone John Lennon
This can't be the guy John Lennon had in mind when he wrote "Doctor Robert". We've written in the past about Dr. Michael Zuk, the Canadian dentist who bought one of John's teeth at an […]
Top 10 Rock Star Restaurant Hang Outs in Los Angeles
By Vanessa Payes For nearly 50 years, rockstars have galvanized Los Angles' Sunset Strip with their booze, babes, bandanas, bikes and all out debauchery. The leviathans of rock and roll history have long been stumbling […]


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So, who won the debate?
So, who won the debate?
I'm don't consider myself a good judge of these things, I almost almost always think that our side could have made the arguments a little better, that regret always makes be feel like we are losing in debates.
Polling seems to indicate that it helped Obama with undecided voters and it may have energized his base a bit, which is good news for Obama. I think there might be some reversal of the polling trends that have been more favorable to Romney as of late, how deeply, I don't know.
Romney is going to have to get on the ball with the post debate stuff, to try to prevent that.
All in all, I think this debate was a great argument against having the elongated Republican primary that we had earlier this year. Most of Obama's ammunition came from things that were said and done in that primary. I know a lot of people were saying that the primary was going to help our side, sorry it didn't.
For some reason the exchange where Obama makes a snide remark about the large size of Romney's investment portfolio as compared to his is the one that is sticking in my mind.
Obama repeated the lie that he values free enterprise and people who risk and succeed – except his true feelings came through in that snide remark. His vitriolic hatred of the "wealthy" was obvious. Obama is a typical limousine democratic socialist – he's one of the 1% elite class but he foments all sorts of class hatred towards the "rich".
|Fred Cole: So, who won the debate?
Anybody who doesn't own a television.
Jim Leyland, of course. But I wouldn't really call it a debate. Sure, Justin didn't want to come out of the game but he didn't argue about it– he just uttered an oath into his mitt. 2-1. 3 wins to 0.
Report from behind enemy lines in Hudson County, NJ:
1. Liberals LOVED Candy's performance. The buzz around here is that she was very fair and impartial. I couldn't keep from snickering.
2. Obama did better, but they are not declaring him the winner. Which is interesting given that these are not exactly moderates. They are calling it a draw..
3. Even more interesting, one of them said that "I don't know, Romney was sort of persuading me when he was talking about the economy."
|Edward Smith: As always, Fred, you draw a crowd. Must be that "Free Beer" sign you set up.
Or people like you. ·
I just know how to ask questions that people will answer.
In reality, all I did was be the first to ask the most obvious question.
And I wanted to do it early to catch everyone's raw opinion.
|Joan Greathouse: why did you ask Fred? I thought you aren't voting. ·
Edited 9 hours ago
Where did you get that idea?
From that other thread? No. I'm voting. All I was doing was defending principled non-voting.
And I asked because I wanted the raw Ricochet opinion. And boy howdy, I got it. After it was over and my fiance called downstairs to me to give me the all clear, I came up and asked her the same question.
It's like if someone in the other room is watching the World Series (or the ACLS championship game, I suppose) and you don't care enough to watch it, but you're vaguely curious how it turned out.
|Edward Smith: NPR called it a draw.
I am inclined to agree. But does a draw help Obama? Does it hurt Romney?
Obama may have needed more than a draw. ·
As was noted following the VP debate, a tie goes to the runner, which in this case means Romney.
Polls have been trending Romney's way since well before the first debate. All he needed to do during the first debate was look good and not "lose" by much, same for last night and for final one.
I don't know who won, but I know the country lost.
The American People.
Those attention seeking 'undecided' voters.
I'd give it to Obama but not by much.
I saw the last 30-45 min., and I think Romney did better, though it wasn't as decisive as the last one. One thing's for sure: I am a lot madder at Obama now than I was before the debate.
And Crowley? Horrible. Lighten up, Candace.
Well it was a win for Obama in the sense that he didnt have another poor night. But it was a win for Romney in the sense that Obama didnt get the better of him. Seemed like they both had their moments.
Sadly, Obama won.
Because he wasn't a wet blanket, they'll give it to O. On substance, Romney.
Romney in the debate, Obama in the coverage tomorrow.
I listened on the radio while walking and turned it off a half hour in in disgust. They both sounded scripted and lame. Goodness. I fear for the Republic.
Romney was very effective on all the things people really care about; on some other points he was lame to really weak.
If Romney had hit Libya out of the park it would have been his night. He fumbled it badly enough to make an effective draw out of it. But I don't think Obama did him any real harm. Voters are still going to see the same Romney and same Obama they met in the first debate.
The foreign policy one is going to be tense, though.
NPR called it a draw.
I am inclined to agree. But does a draw help Obama? Does it hurt Romney?
Obama may have needed more than a draw.


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I am amazed at the reckless advice in this column. Yes, it is a great idea to buy when others are selling but it doesn't always work out that way. Three questions should be asked of the author that he fails to address: 1) how long is he willing to wait to lock in a profit because it could be months before his "buy signal" is correct? 2) how much is he willing to lose or have his position move against him before he closes out that position for a loss or a win?3) when will he take profits or throw in the towel? If he is buying today to sell tomorrow, he should probably tell us so. Or will he take profits on the first strong 2% up day? This is very amateurish commentary.
The world benefits from incurable optimists who don't care that the government keeps trying to take up every-increasing shares of a pie that is not showing any signs of growing, in large part because the government keeps trying to seize a growing share of the pie.
Dear Evan –
I believe you have underestimated our Fearless Leader. Left unchecked, he will barrel forward with economic transformation that will devastate corporate profits and smash job creation to smithereens. I hope I'm wrong, but I'm sure you are.
What a bozo the clown….but not the funny one from WGN in the 60′s.
Look, stocks will crash as the Dollar does. Even Putin in Russia and the Chinese Govt are TELLING US, we've overspent in favor of a bigger Govt….. THESE ARE COMMUNISTS THAT BELIEVE IN BIG GOVT!!!
We're done. I'll just watch my gold and oil wells rise in value. FORGET STOCKS AND BONDS. Read about the Wiemar Republic. We're there, gentlemen (and ladies).
As the first poster said you are being extremely reckless and worse it sounds as though you are misinformed or misleading.
For starters, you mention that this seems like dark days last August. This is because since then the only difference has been that there was a QE 2 to drive all assets up. There was no fundamental improvement in the economy, or with business. You will notice this cycle in looking back sine '08. We had the crash down, a stop gap with TARP, bounce off the stimulus, stagnant to lowering until QE1 and lite bounced us higher, down with the Flash Crash when this ended and Europe started melting, up with QE2 and now that is done and Europe is melting again. The difference now is there are much less smoke and mirror gimmicks left to levitate the market while the underlying fundamentals keep disintegrating. Nothing fundamentally has changed since '07/'08 excep trillions of dollars in the US and possibly quadrillions worldwide have been used to prop up failing enterprises/debt/ect that is associated with either gov't, international banks, and international conglomerates. This unholy alliance of these three forces are decimating everyone from the upper middle class of the world on down (with exceptions in China and other emerging markets). They are giving the poorest "bread and circus shows" (read: neverending unemployment benefits, healthcare, ect) to keep them from going to crime or worse. All the while resources are being squandered to keep failures of the largest and most connected continuing. I know we faced total collapse in '08 if we didn't save the banks but I think I would have preferred that and start over then perpetuating a failded system, enriching the biggest failures and facing collapse in the future.
Next, these record profits by companies is all coming from overseas, accounting gimmicks, and on the backs of workers being fired or productivity increasing. Aggregate demand, most definitely in the US is declining. Organic growth for companies is disapearing and profits are appearing via a depreciating dollar and slashing of costs to the bone. Again these are things that will not last. Any profits reported should not be in dollars because on a real basis they are just staying even with a depreciating dollar, while eveyone's paycheck is silently being worth less and less on a real basis while staying the same (or worse declining or being fired) on a nominal basis. This is where you see the destruction of demand. This process started playing out in the 70s and owas only perpetuated via increased debt, declining prices via off-shoring and other gimmicks, and one time enormous tech breakthroughs of the 90s. Real income has been in decline the whole time. Except of course those in the winner take all economy (P.S. it's easy to be a winner when connected to those in DC, although many tech geniuses have done it too).
Finally, even if Obama caters more to big business, as you say he must do, will that help the underlying issues? Big business has been part of the problem. Ever notice how Jeff Immelt is the head of Obama's jobs program and yet his own company has less American workers than they did in '00, they have moved whole departments overseas, and have paid no taxes via accounting gimmicks? Obama may say things to get the vote of the socialist left but he is firmly in bed with big business and finance (gets more $ from wall st than any other candidate).
By the way, it won't be Dimon who is next treasury sec, it will be Corzine. Either way it is bad for the US if either are in the post, but worse with Corzine. He will be Paulson 2, as he was also former CEO of GS, just what we need right?
This is the beginning of the end for POOR CITIBANK THAT HAS BEEN CLOSED. Citibank is dead money Lu Soros has been posting for months. From here to zero is a sure bet Lu Soro was quoted. Citibank is being dismantled at this very moment and all investors will be holding worthless paper. CITIBANK R.I.P.
The Weimar Republic didn't have the benefit of a myriad of very large private and public companies making huge profits with a hoard of cash reserves. Our optimistic contrarian may have a point.
Did you sell out of the financials you recommended a couple of years ago? (BAC was in the 30′s).
Please post your trades showing how much you've lost betting against Treasuries this year. You're a genius.
So much anger and negativity. You may wake up more contrarians.
Obama is too much the ideologue to trim his sails and head off in a new direction. That is much more of a Bill Clinton thing. The man is a total slimeball but his complete lack of a moral center does leave him open to being flexible.
For Barack Obama, when too much government isn't working, obviously too much just isn't enough.
The president now knows he's run out of government-driven options for the economy – and that's a very good thing for stocks.
Please explain the economic theory that supports this statement.
All he's saying is, "Buy low." The advice is reasonable and is consistent with a contrarian viewpoint.
Too many bad news that greases the market down the tube. There's no good economic data or anything else to support the market turn around in the immediate future except most earnings up (but stocks dropped in price) and technical indicators that said bottom and oversold. I kept hanging on and sold out today before it'd get into my capital. Now the darn market can turn around. Wait to buy back when leading stocks starts to rise. Any opinion on silver stock?
I bought some beaten down, high yield utilities this AM. I am watching the oil stocks carefully as well, and will likely be buying soon. I would avoid "high flyers" right now because sentiment is bad, but this is a good time to grab values.
I couldn't agree more. Let the poor individual investor do what he always does: sell at the bottom and buy at the top.
C. J. Hall, it's time to waddle back to Fox…
3:49 pm August 3, 2011
Your Buddy:
What does Fox have to do with his comment? Don't you get out and read or do you just hang out at move.org?
It was a story on Bloomberg. Jeesh, are you the best moveon.org can do?
"China, the largest foreign investor in U.S. government securities, joined Russia in criticizing American policy makers for failing to ensure borrowing is reined in after a stopgap deal to raise the nation's debt limit. "
Hmmm. Obama signed a tax deal last fall. The economy stunk then, is worse now – and yet he could not even let last Fall's deal run full course without seeking another increase. I think he's resigned to the fact he'll not get any substantial economic recovery, and will run on an agenda of pure "Social Change". The private jets, millionaire/billionaire marketing line certainly seems to underscore the point. It's been his only common thread so far.
I can identify with some of the author's contrarian sentiment, but with a caveat. Stock market volatility is much more the effect of speculators than investors. People who sell today what they bought yesterday are by definition, speculators. Investors buy with 'gut' feelings too, but only because their well-informed brains communicate with their guts, causing them to buy something at what they think is good value for the long-term. Investors are who drive and stimulate the economy, speculators are who drive and stimulate stock brokers and IRS coffers. Investors line their own pockets…speculators/traders line the pockets of others. If you are interested in contributing to your own long-term welling being, and the well-being of the USA, pick your strategy, do fundamental research, and stick to it! There are some good buys out there right now…for the long-term.
The USA has passed the Federal debt event horizon.
GDP since 2000 is 1.9 percent per year.
Not a chance of Jobs and Prosperity for All.
Doesn't make any difference Obama or not Obama.
Another "up" day on,Thursday, genius. lulz
HAHAHA… Oy, this guy is a comedian!
The VIX, MMTW, and other oscillators scream BUY but the DJIA and NASDAQ price charts scream pre-crash of 2008. So buyer beware of the on-going market correction and it may come crashing down like 2008. I opt to hug my cash for now.
Meanwhile, back in reality…. an animated guide to why you're optimism is unfounded: http://bit.ly/whokilledgrowth
Hey Evan–smart pant: Are you making money today from the past few day's stock buying?
I've just about given up on Evan's (EN) advice to Santa Klauss… his reverse pycic job doesn't work anymore… just take a look at what he bought today… DOW Down 355+ Points… wait till his editor sues him for mal-praticing as a WSJ Reporter.
http://larouchepac.com/node/18977 The Super Congress is Obama's latest unconstitutional effort to work with Wall Street and the corrupt credit rating agencies of London to collapse the U.S. economy. This is a foreign-led British coup against the U.S. Constitution and our sovereign nation. It is unnecessary to sell government bonds to raise capital, when there is a clear directive of the Federal Constitution to have an economic policy based on a credit system. The U.S. government needs a credit system to directly fund the real physical economy in the areas of agriculture, industry, transportation, and scientific research.
Hi OZ,
Yoo..hoo Evan! Are you licking the wound since you did not express any cocky act today. Your expertise does not seem valid. The market is going deeper down the tube again. I wonder what you bought in the past few days and today.
Alpha:Your philosophy is held by all investors to sell high (top) and by low (bottom). We obviously are not there yet at the bottom which fell off again today. Won't be there until big buying volume by institutions coming in and selling off stops. Just screen stock leaders and sensibly wait. I hope you have emptied your portfolio.
Hi louiethyserian,
Tomorrow, Friday …another up day —like today based on your forecast !!! What a joke!
Superb strategy! Yes! Buy on Wednesday's dip even though all of the economic data is bad!
How much buying were you doing today, Evan? Did you buy early in the day in order to beat the rally into the close? Oh, wait…
HAHAHAHAHA!!! Remind me never to take any market advice from you…EVER.
Me thinks that EN… is hanging out with the MSNBC Talking Monkey… Craming Jim Cramer too much!
Wednesday market got a dead cat's bounce. The market seems to copy 2008 analogy. If true, the DOW would fall to 11,000 before it will be resuscitated to bounce up 50% to 12,000. And–watch out for a deeper falling far below 11,000. Another 33% bounce up and follows by a deeper free fall. Another bounce up 25% and follows by a free fall to bottom out to complete the bear/correction. Please take time to study the chart if you see the resemblance.
Disclaimer: No claim for validity.
This unimpressive employment data cannot rescue the market direction to begin the upside. The next DOW stop can be expected at 11,000. All the analysts and experts who daily jammed my e-mail with buy.. buy.. buy have evaporated except one whose message, after the fact and reality, said to be defensive in a hurry. Well, I credit him for his honest courage.
It's hard to be convinced that the the Fri bounce is a pathway to a substantial rally when only 3 of S&P 500 had a meager rise. The USA's rating is lowered to AA+ is an insult added to the injury. Where are the top notch economists including many Nobel laureates—brain dead? Most of them are worthless anyway, just floating around and blabbering nonsenses. Blame it head on to the Republican politicians who have been trying to destroy President Obama from the beginning on—non stop. Lucky you– Secretary Hilary!
America has lost its biggest employment base–factories many years ago to China and India. America has been spending trillions on the wars in Iraq and Afghanistan starting by the aging Bush with his illusion and fabrication of fighting against Weapons for Massive Destruction. Obama inherits the national debts and wars. He deserves the next term but most Republicans don't.
I try not to resort into racism that the ultra conservative Republicans might have toward Obama. What else that causes them to try to pull the rug underneath the whole time. They begin to look real disgusting. They actions upset many fair mind Americans.
America has lost factories to China and India. So the big job base went kaput.The country borrows heavily from China and Japan. Now this S&P outfit lower the rating to AA+ which is adding and insult to the injury. Obama inherits the two wars and the national debts created by the senior citizen Bush. Lucky you– Hilary. Republican tries every way to destroy Obama and his chance for the second term. Republican should know their next term is in a double jeopardy with their disgusting acts.
The Friday bounce had 3 stocks of the S&P 500 with a meager rise! Hard to imagine as a substantial base for stock market rally!
Where are the great mind economists and Nobel Laureates? Don't play brain dead. Well, many said most of you are worthless anyway that you can only preach but not do.
Hey… EN… "What'ca gona do … when your… editor comes for you"! I sure hope your buying again today… you should be just about broke in the short term and for sure broke in the long term (5-7) Years out at 0% interest (dividend)! This is gona' get really nasty this winter solstice time… This once great nation is on the edge of the ever growing "(((ABYSS))) in the USG… the average mom and pop US Treasury Holder is for all purposes dead in the water and brike beyon recovery of the from the working middle class 66.6% of the income into the now defunct (US Treasury Department Empty Coffers)! Whay do you this MW was right when she consulted with the Oz and he told her that all the failing MUNI Bonds where going to fail in 2012 – 2014! Wake the hell up America!
Good advice for someone younger than,say, 60 years old. But what advice for an 80 year old person.? Also, the more interesting comment by Evan has to do with when to sell. After all, money is made or capital preserved on exits.
There's a time to hold and a time to fold for all age investors. It's better to stop loss early than late. The way the market is traded differs than the "Buffet" good old day for holding on to value. Now it's the age of super computer trading which individual investors encounter. Not only that investors cannot keep pace with the speed of light of the machine but also they are likely to stumble into the opposite path–and doomed.
It is time to stop buying every "Made in China" item. Stop going to Wal-Mart. Stop buying Dollar Store junk. We made China; now we can UN-make China. Boycott China, starting TODAY. We can do this. We are Americans! Spread the word!
Not China's fault. It's our American companies that build their factories in China (and India) so they can make more profit from cheap labor (American Union made so unrealistic demand), less stringent environmental impact law, and less business tax. What America has to do is to make addendum to the business tax law to tax these corporations for their oversea products and profits. Shame on Walmart which started having the products on their shelves made oversea cheap that the chain destroyed so many small retail stores. It did not take long for other to copy Walmart.
Labor Union demands too much
EN… I hope buy now you have learned your lesson by not listing to the hand. Buy… buy… buy, buy now your are more than likely broke and buying penny stocks after your bull buying spree on the the way dow / s&p down to the abyss!
The market is experiencing a near dead or it has been holding it breath. Two camps of experts who are giving controversial advices: BUY vs SELL. Who to believe? Investors are caught in their tug of war advices. Deaf and blind investors are better off.
The market is doing another sprint in a reverse gear. Those wise men who fell for hedge fund short squeeze bought a truckload of bargains yesterday got clobbered today. Ouch!
Most technical indicators indicate the market is lying low from the oversold. Though, there's not yet any X's appearance in the P&F of BPI of the DOW, S&P or NASDAQ. They all still have a low pole of O's. Caution investors. Not until this signal occurs and confirms the up direction otherwise a turbo charge into the market might be fatal to your financial health.
For a 10-day span of price chart, most A-rated stocks' intra-day price movements interestingly replicate just only three patterns. I assume they are programmed by super computer. As I understand it does 70% of the equity market trade. These carbon copies are useful for day and short term trades.
I prefer to use a 1-Year daily stock price by Sharp Chart with Slow Stochastic %K, %D overlay as a reliable indicator for Buying and Selling when they cross at a very low or a very high altitude. (Use it together with ADX: DMI+ and DMI-; and RSI). When applied to major indexes, it provides an Enter and Exit the market.
Disclaimer: This is my personal preference, not an advice for other investors to follow. Test it yourself.
I observe that the "Death Cross" (when 50-MA crosses below the 200- MA) has occurred in all major indexes which is interpreted by analysts as BEAR market. However, I observe that whenever the dropping 50-MA curves and interfaces with the price, the market never failed to bounce up. This is what it's doing right now. I'd say it's an opportunity for a short ride with strong leader stocks and sectors.
If hedge funds are not making money, the famous BRK.A and BRK.B have been moving lower and lower, and all leader stocks are faltering; it's a signal that the market is very sick. The bounce up is too little and short-lived. Historically, the market did a 50%, 33% and 25% bounce up in that order to the previous high before it made a real bottom. Since all current news are bad domestically and globally It might not do it this time because there is no substantial buy taking place based on declining stocks and volume outpaces advancing stock and volume. Don't fight the down trend! Re-invest again when the trend reverses with substantial degree of validity and reliability to the upside.
Simple and best procedure: Use stock price moves above 10MA, together with Stochastic %K above %D to buy (works best during oversold). It adds to accuracy if 10MA also moves above 30MA.
Oppositely, sell when stock price falls below 10MA, and % K drops below %D (best during overbought). It adds to accuracy if 10MA also falls below 30MA.
Leader stocks across sectors have made quite substantial move up during this latest bounce. Most are in the overbought area again. Some begin to decline now. They signal that the bounce is about to end. They include a dozen best: GWW, CERN, GDI, RGR, GDI, HME, CHD, ITC, SO, KSU, SRCL, V. As 'wise' wrote that buy when the price moves above the 10 MA (to catch them early in the game) and sell (at the peak for profit taking) with the use of %D crosses above %K in overbought area.
Disclaimer: Not an investment advice.
Playing short term trade with Bollinger Band: Simply buy when the price falls to the lower line and sell when the price goes up to the upper line.
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Here comes the real(?) Merevial Gacani
Either that was actually the right person, or just another victim chosen for identity theft.
Other pages with that name below
It would be nice if that web hosting company could get involved and those bogus sites might not be online for long. Of course they might be moved to a different host but still worth a try IMHO.
Most likely they aren't very happy when someone is hosting something suspicious with their own server. Such an easy target since the web server should be physically located in US.