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Alex McCord and Simon Van Kempen have been getting flack for their parenting style since season one of "The Real Housewives of New York City." First there was the time their sons, Francois and Johan, misbehaved at a fancy dinner. They climbed on and under the table and even ate from a guest's plate. Then, this season Francois was caught on tape climbing a stranger's leg, which sparked controversy between Alex and Jill Zarin and LuAnn De Lesseps, who ridiculed Alex for his behavior. So it came as a shock when she and Simon inked a parenting book deal.
But a day before Alex and Simon's book, Little Kids, Big City: Tales from a Real House in New York City (With Lessons on Life and Love for Your Own Concrete Jungle), is released, Alex is making headlines less for her unique parenting style, but more for her admission of drinking while pregnant. Keep reading »

subset: commoncrawl


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We're trying to rearrange our entire kitchen using our existing cabinets. (All reasons explained in my original post, which also includes the layout, here.) Originally we were just going to work with the existing layout due to two different floor surfaces, wanting to keep it simple and inexpensive, etc., but since island hoods are so expensive for the peninsula range, my husband wants to get rid of the peninsula completely and move the range to the fridge wall. We'll still be spending money to fix the floors and such, but at least this way we'll hopefully get a better layout. The problem now? We'd end up having this weird hodgepodge of cabinets on the range wall. I can deal with that in the base cabinets, but with mismatched wall cabinets, it will just look weird. I'm not a fan of open storage because of dust (I know people say things you use often don't get that dusty, but the shelves themselves do and we have two dogs), but at this point I'm considering it purely to save the aesthetics since we have to re-sell this place in a few years. So does anyone have open shelving around their range or pot/pan hooks? Do you find it looks messy? Do you like the convenience? Or should I try to figure out a cabinetry solution? Thanks! |
Here is a link that might be useful: Original Post
Follow-Up Postings:
- Posted by Trebruchet (firstname.lastname@example.com) on Sun, Jan 5, 14 at 10:39
Katie: This is really a bad idea. You're doing all the work and spending nearly the same money to have something that won't be quite right when you're done. Save your money, be patient. Get a professional design and do it right once the first time. |
Hm. I'm not sure what you mean. I probably need to draw up the new plan so you can see what I'm talking about. We need to update our kitchen for eventual resale. New cabinets are not in the budget, and we don't live near an Ikea. We've done a full remodel on a previous home, and trust me - I'd love to do that again - but it's just not feasible here. I may price out a cabinet maker for a couple of drawer bases around the stove if it's imperative for design and functionality, but we just can't replace them all. What I'm looking for are wall storage solutions other than standard wall cabinets. I'll consider open shelving, but I wanted to see if anyone had hanging racks for pots and pans and how they felt about them. Are you telling me there's no way to do a kitchen without getting all new cabinets? |
In our last house, we hung pots and pans on a wall prior to a reno. We had very limited storage and it freed up a cabinet for other things. The wall was ship lap boarding and we used these hooks http://www.homedecorhardware.com/acorn-am5bp.html. The openings were against the wall which kept them pretty clean. |
- Posted by mlweaving_Marji (My Page) on Sun, Jan 5, 14 at 13:59
I understand what you're saying. And for selling a house, it is all about what it looks like for the majority of the potential buyers. I've never had pots hanging or open shelving, but agree it would look better in the eyes of a potential buyer than a hodge podge of different cabinets. This kitchen is one that a GW member did that got lots of acclaim several years ago. I would think that a cohesive wall with some shelves and some hooks would be appealing. Just know that it could be a Pain to live with until you sell, and when you do get ready to put it on the market you're going to want to seriously edit what's showing, and keep it really clean. Notice how the bottom of all those pans are spotless? |
- Posted by trailrunner (My Page) on Sun, Jan 5, 14 at 14:07
For 7 years now we have had this set up. All our copper skillets/saute pans hang on the Lee Valley Rack on the wall along with our utensils. My oldest son and his wife are professional chefs and I worked in one of their restaurants as the dishwasher for 5 years. After that experience when I re-did my kitchen I wanted everything at hand. I love it ! Wouldn't change a thing and the 1500 cfm hood insures that we don't have "stuff" all over the pots or the open shelves. Also everything gets used all the time as we cook a lot. another pic and you can see part of the open shelves that are to the right and over the sink area. All our daily used serving dishes and glasses and plates are on these shelves. They get wiped down to get clean the dust about 2x a year. That is all they need. in this pic you can see the open sliders down at the bottom that hold more pots and the iron skillets and lids. better view and shows the cab at bottom right with the rest of the pots . All in all everything can be reached with no steps or one step. Extremely efficient and as I said has worked great for 7 years. Hope this helps. We do have a LONG haired cat that weighs 20#...still not a problem. c this shot of the open shelves was early on in remodel ..has changed as far as content but otherwise the same. |
Thank you!! This is a lot more what I was talking about. I definitely know what it's like to stage for buyers. I'm a freelance real estate photographer, and we managed to sell our last home FSBO in just two weeks. That's why I'm so torn about this open concept - As people on a budget who love to cook, I know something like trail runner's setup would be ideal for us function-wise (if they really don't collect dust), but for an easier time re-selling, they'd have to look more like the photo mlweaving_Marji posted. I guess what I'm hoping to pull off is something in between. Since our cabinets aren't nearly so luxurious, the look I'm hoping to end up with is an intentionally eclectic mix of woods and metals, where maybe some used pots on the wall might be more charming than "dirty" looking. Of course, it's probably about as hard to pull off as it is to describe... I do have some 30" wall cabinets that could go on either side of the hood, and then perhaps we can have a carpenter make us some 30" drawer bases for either side of the range. I miss my drawer bases for pots and pans, and the shallow drawers at the top were perfect for spices and utensils. |
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Twin Loop Wire Binding Supplies
Also known as twin loop wire binding, double loop wire binding is relatively fast for mechanical binding. The metal wire gives an aesthetically pleasing finish and a sense of quality to the bound pages. Bound documents open easily, lie flat, and completely fold over 360°. Wire binding can withstand temperature extremes and pages can be added or removed without damage. Call us toll free at 855-880-7500 to order any color that we don't stock.


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Bringing vision to the underwater world for documentaries, filmmaking, exploration and research.
Capturing underwater images for over a decade, Liquid Jungle Productions has the specialized technical training, equipment and experience to bring back HD (High Definition) images from depths up to and exceeding 100m.
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The patterns can be printed out at the copy shop. If you decide to print them at home, follow the instructions:
Paper cut for ANSI A (German DIN A4) prints: The patterns are printed out on 20 sheets with a thin frame. Wait, until all sheets are printed out. Arrange the sheets so that they fit together (see extra page with the overview of the prints). Cut off the single sheets on the upper and right edge along the thin frame lines. Begin with the left lower sheet and then glue the parts in the frame lines together precisely.
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Hey guys, did you see Matt last week? I've tried doing clips, but my computer hates me. Anyway, here are some I found on youtube, plus pictures, thanks to Claudia!
Matt Damon on Jimmy Kimmel Live (Videos)
Annual Gotham Independent Film Awards (Video)
Video of Matt Damon and Marion Cottillard at the Annual Gotham Independent Film Awards where they received an award for their careers.
New Trailer for We Bought a Zoo
The International trailer for We Bought a Zoo is out! Enjoy!
Director/Writer: Cameron Crowe
Cast: Matt Damon, Scarlett Johansson, Elle Fanning
Release date: December 23, 2011
We Bought a Zoo Trailer
The trailer for We Bought a Zoo is out.
Directed by Cameron Crowe, based on a true story about a single dad who decides his family needs a fresh start, so he and his two children move to the most unlikely of places: a zoo. With the help of an eclectic staff, and with many misadventures along the way, the family works to return the dilapidated zoo to its former wonder and glory.
The film also stars Scarlett Johansson, Elle Fanning and Thomas Haden Church.
It opens on Christmas.
Contagion TV Spot #8
Margaret Trailer & Screencaps
The trailer for Margaret is finally out, the movie starring Matt Damon, Anna Paquin, Mark Ruffalo, was filmed a few years ago and is being released in September 30.
The plot:
A young woman (Paquin) witnesses a bus accident, and is caught up in the aftermath, where the question of whether or not it was intentional affects many people's lives.
Screencaps (big thanks to Luciana from Mark Ruffalo Central)
ExtraTV Contagion Interview
"Contagion's" Matt Damon, 40, is the proud father of four daughters, and when asked by "Extra's" Jerry Penacoli if he would consider trying again for a boy, Damon replied he was "done," adding, "We're closing the shop. That's a wrap. Our life is full. I want to know our kids' names."
The actor commented on his pal Brad Pitt and the Brangelina brood, saying, "I honestly don't know how they do it. They seem to do it so effortlessly. I'm sure they're cloning themselves."
Addressing the latest political rumor of documentarian Michael Moore calling on Damon to run for President, he laughed, "See how desperate he [Moore] is getting?! Seriously, I don't have any aspirations to go into politics."
Damon stars alongside Gwyneth Paltrow, Kate Winslet and Jude Law in Steven Soderberg's thriller, "Contagion." Damon says the action film, about a deadly outbreak, probably influenced the cast members to "wash our hands more."
"Contagion" spreads into theaters September 9.
Contagion Interview
A wild bald Matt Damon appears. Another interview with Matt Damon about the film Contagion. Parts 1 and 2 below.
Contagion TV Spots & Matt Damon Interview
Some TV Spots, B-Rolls Videos and an Interview from Traileraddict.com. All in preparation for Contagion which opens September 9th!
Click to view them all, quite a bunch of them!
Contagion Stills + Clips & We Bought a Zoo Stills
Hey guys! I added some stills/set pictures from Contagion and updated the We Bought a Zoo album with HQ ones. And 10 clips from Contagion.
Here are the clips


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Transaction Coordinator: We need a sharp person to assist our head sales broker and our office
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User #567939: Bazookab0y
From Bazookab0y
When I first started to play fantastic contration I liked it but i wasn't very good... However, when I payed I thought: "This is a brilliant game!!!"
,and I got addicted and I still play to this day!!!
- User ID: #567939
- Username: Bazookab0y
- Registration: Registered


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You can add upgrade the tickets before you use them; however, you can only upgrade them to Annual Passes after that. It's cheaper to upgrade beforehand, so I would take the risk and spend the extra bucks up front.
Also, you can split time between the two resorts, and Disney will even transfer your luggage. However, if you are planning on doing free dining, which I'm guessing you are since you are going in September, be aware that you have to buy tickets for each resort. For example, if you decide to stay at Port Orleans for three days, and Contemporary for three days, you'll have to buy two sets of tickets: one for Port Orleans and one for Contemporary. Otherwise, you will only get free dining at whichever resort you buy tickets at. I hate this and wish it wasn't so. We're going in September, too, and staying at a moderate. I'd love to spend our last night at one of the deluxes, but we don't want to have to buy tickets at each, especially since we already have annual passes!


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Blog | Comments |
WoW | 11 Comments |
Recent Comments:
Breakfast Topic: What are your plans for Brewfest? {WoW}
Sep 20th 2011 9:38PM Yep, exactly Narshe. My hope is that this won't be on the blacklist. Love to be wielding these but not have the AGI stat on them. So I'd just transmog the stats of another weapon into the graphic.
Blizzard clarifies transmogrification rules {WoW}
Sep 20th 2011 9:29PM Can you imagine walking into a heroic dungeon only to find everyone with Thunderfury strapped to their backs?
That would definitely kill the mood. (Not that it would happen, but it could if transmog allowed that.)
Blizzard clarifies transmogrification rules {WoW}
Sep 20th 2011 9:26PM You have to keep the old item. That was answered a couple pages up. :)
Breakfast Topic: What are your plans for Brewfest? {WoW}
Sep 20th 2011 8:52AM Can we transmog the tankards?
I'd love to slap some DK STR/STAM on those things...
Official Void Storage preview {WoW}
Sep 20th 2011 8:44AM The big issue here is to transmog properly you will need to start a new character. So unless you already have a high level character who is a master at farming gold, and sends all his gold to your new character to store the items the low level character receives which are SB to him, then you won't actually be able to store them because you will run out of space.
Which means transmog will become a pain, because so many of the SB items are one-shot items you can only get from a quest or a dungeon which binds as soon as you pick it up.
It's a Catch-22.
The easy way to deal with this would be to simply scale the transmog cost to the iLvL. As a character gets higher iLvLs, so the cost for storing those higher items would of course increase. It also makes sense lore-wise, as higher level items would take more energy to store than simply a low level sword.
Blizzard clarifies transmogrification rules {WoW}
Sep 20th 2011 8:15AM Only issue I see is with white items. This is a perfect opportunity for Blizz to make those items relevant. Otherwise just sell us collectibles.
Heck, selling white equipment but altering the color scheme in different areas of the world would be awesome. It wouldn't have to be a huge art project, just a couple tweaks here and there, some copying and pasting, and voila, you now have whole new sets of items for players (like me) who hate looking like gods and would rather just be a down-on-your-luck level 85 swordsman who prefers anonymity but still needs the stats to showcase his heroic-ness.
Blizzard clarifies transmogrification rules {WoW}
Sep 20th 2011 8:11AM Probably a coding issue. Because of the way WoW is built everything has to exist at the same time on the server, and if you had ten million transmog queries being sent to random items in the game which were not actually loaded on your character, it would cause massive slowdown.
This way, they probably just put a simple image link to the image in your bank, thus keeping it within your account instead of having to delve into instance of quest modules every time you have to load an animation for that particular item.
My guess anyways. I can't code worth anything, but it makes sense to me.
Blizzard clarifies transmogrification rules {WoW}
Sep 20th 2011 8:06AM Only from a continuity aspect. The ethereals being able to do this for weapons, there would need to be a limit story-wise, otherwise -story-wise- things would get ridiculous. If you had a strong enough ethereal, you could essentially transmogrify an entire city into a tree or a tomato.
Blizzard clarifies transmogrification rules {WoW}
Sep 20th 2011 7:40AM This, also.
Seriously, most of the vendors in the game sell white. It would actually give us a reason to travel around the world to collect white items from people. It would even give AH people a chance to go to that far-off locale to collect some white armor that no one ever wears, but can only be found in a little town in some small corner of the world. Like pets.
But I can see the problem. White items probably have some coding in them which restricts all the fancy stat raising that non-white items use.
So we just need to yell loud enough so that Blizz hires/assigns a coder to figure it out.
Blizzard clarifies transmogrification rules {WoW}
Sep 20th 2011 7:28AM BoA items are too useful, and because they can be swapped back and forth between characters, so you could essentially be mailing Tier 11 equipment to a level 1 (or what looks like Tier 11). Which would totally not make any sense, which I think their reasoning. Lore-wise, it breaks the story.


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If you want to check out the latest innovations in DJ technology, you need to be at the BPM exhibition this weekend.
This is where all the new equipment is showcased a year before it hits the stores.
I'm going to be at the Pioneer stand, doing my thing on the SVM 1000 mixer and DVJ's.
Check me out mid-day on Saturday and Sunday.
I always get asked about the headphones that I rock on stage and they are hot, but this weekend Pioneer are launching the new model for 09′. I've got a set waiting for me Donnington, i'll post up images of these and anything else that is hot this weekend.
How to get to BPM.


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Mardi Gras And
Bond Villians
Kylie Minogue has begun the party. The singer recently performed an intimate evening at the Sheraton on the Park as a warm-up to her parade shenanigans scheduled for Saturday's 2012 Gay and Lesbian Mardi Gras.
Sam Sparro, who will be performing alongside Kylie at the parade after-party, was in attendance.
Kylie also opened up to The Star Observer this week, talking about the after-party spectacle at which she will be singing.
"It's going to go by in a flash, because the show will be a pretty fast-paced 20 minutes of goodness," Kylie said.
"I'm sure there's going to be some people saying 'why didn't she do this' or 'why didn't she do that?'"
"But it's a celebration; I could go there and sing everyone's name in the hall, and we'd still have a good time."
Meanwhile, Cate Blanchett recently made it clear she wants to be a baddie, preferably a Bond villain.
Speaking to Harper's Bazaar, Cate talked of her favourite baddie: Rosa Klebb, played by Lotte Lenya in the James Bond flick From Russia With Love.
"I love Lotta Lenya. She had a club foot and a limp. I'm not a purist in that way."
Cate has played the villain before, notably as the Soviet agent, Irina Spalk, in Indiana Jones and the Kingdom of the Crystal Skull.
Image courtesy of Lia Toby/WENN.com
More Cate and Kylie
Cate Blanchett has no patience for directing
Kylie Minogue: Tweet for my music!


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Permanent Wave
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Walter Lantz Productions.
Walter Lantz
Walter Lantz
- Walter Lantz Productions.
- Featuring: Oswald the Lucky Rabbit, Pete, Duck, Mermaid.
- Directed By Walter Lantz.
- Produced By Walter Lantz.
- Animated By Walter Lantz, Bill Nolan.
- Originally Released in 1929.
- Black & White
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Blog | Comments |
WoW | 21 Comments |
Recent Comments:
The OverAchiever: Guide to Brewfest 2010 achievements {WoW}
Sep 17th 2010 8:50AM As always with Achievement Guides, it would be helpful to mention any level requirements or similar restrictions. For example, there's no point in level 20 characters buying and eating Brewfest foods since they aren't able to consume the higher-level ones.
Breakfast Topic: Harvest Festival begins today {WoW}
Sep 17th 2010 8:37AM I like the ideas for some farmers-helper quests in Wesftall. Could be fun.
Of course, we'd need some equivalent quests for the Horde in their teen-level agricultural zone, which is... errr.....
You know, the zone with all the Horde farms and Horde farmer NPCs....
Hmm. Maybe not.
All the World's a Stage: Pop culture and its impact on roleplay {WoW}
Sep 6th 2010 11:20AM Just make sure your character works with or without getting the pop-culture reference.
I've got a Draenei death knight who became that way because she stupidly followed her boyfriend into undeath because "their souls were united, and nothing else mattered."
Her boyfriend's name was Edvaard. And in twilight, he sparkled.
WoW.com Guest Post: From manners to mechanics: Five tips for DPS in heroics {WoW}
Feb 10th 2010 1:58PM I'm proud to say that on my hunter, I have NEVER pulled aggro away from the tank...
Because my DPS absolutely sucks.
Breakfast Topic: Never Gonna {WoW}
May 2nd 2009 12:03PM "You sorta do have to like Raiding to have fun with World of Warcraft."
STRONGLY disagree. I've never done any raiding and don't plan to, and yet I'm having lots of fun with the game, doing quests and RP-ing with my guild.
Breakfast Topic: Never Gonna {WoW}
May 2nd 2009 9:13AM I have plenty of these, often for roleplaying purposes.
I leveled a tauren warrior to 70 without ever using Berserker stance or any of the Fury abilities; they didn't suit her notions of calm and control.
Meanwhile, my Feral druid is an herbalist who never picks Peacebloom; she's allergic to the pacifist little flower.
My Hunter will only take reptiles as pets. Ferocity, Cunning, etc., doesn't matter, but they have to be reptiles, as do all her companion pets.
I have a "reformed" troll priest who's so devoted to Holy Light that she never uses any Shadow spells, not even the basic Shadow Word: Pain.
And in general, I don't bother with the PVP stuff--but that's just because it doesn't interest me.
Spiritual Guidance: Level 1 to 5 on your new Priest {WoW}
Feb 3rd 2008 9:59PM APPLAUSE. This is the sort of hand-holding a brand-new player needs when they're first starting out. Well done.
Remember, folks; not EVERYONE has been doing this for years already. Not every article can be about endgame raiding. Remember the new players too.
From PvE to PvP, my first 15 levels {WoW}
Jan 27th 2008 1:36PM PvP is for teenage punks, jerks, and losers. As a fellow PvE-er, I can assure you--you haven't been missing a thing. PvP is beneath us.
Blood Pact: Looking back at Locks {WoW}
Jan 8th 2008 10:56PM "Oh, and since they can kill my totems in one hit, how about I kill their pets?"
Great idea! So you'd be okay with warlocks being able to deploy multiple pets at once, right? Just to keep things balanced....
15 Minutes of Fame: Noor the pacifist {WoW}
Jan 8th 2008 10:41PM Why on earth would that bother you? Just because it's EASIER to level up by killing things doesn't mean everyone has to do it that way.
I applaud the creativity, as well as the moral stance.


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Capital Markets
Company Overview of Quadrant Capital Advisors, Inc.
Executive Profile
Alejandro Santo Domingo Dávila BAManaging Director, Quadrant Capital Advisors, Inc. |
Age | Total Calculated Compensation | This person is connected to 4 Board Members in 4 different organizations across 4 different industries. See Board Relationships |
37 | -- |
Corporate Headquarters499 Park Avenue Phone: --New York, New York 10022 United States Fax: -- Board Members MembershipsFormer Chairman of the Board Chairman and Member of Executive Committee Director 2005-Present Non Executive Director and Member of Nomination Committee
EducationUnknown/Other Education Harvard University
Other Affiliations |
Annual CompensationThere is no Annual Compensation data available.Stocks OptionsThere is no Stock Options data available.Total CompensationThere is no Total Compensation data available. |
There is no Competitor Compensation data available. |
Sponsored Financial Commentaries
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To contact Quadrant Capital Advisors, Inc., please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.
Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at firstname.lastname@example.com.


text:
Air Force Sergeant abducted in New Mexico
Alamogordo, New Mexico would be the location of a UFO encounter involving Air Force Sergeant Charles L. Moody on August 13, 1975. Moody was in the desert observing a meteor shower at about 1:15 A.M. when he saw a glowing, metallic, disk-shaped object falling toward the ground about 300 feet away.
The UFO was about fifty feet long and eighteen to twenty feet wide. As it descended to an altitude of fifteen to twenty feet, it wobbled on its own axis.
Then it began moving slowly and steadily toward Moody. He jumped into his car but was unable to start it. The UFO came to a stop about seventy feet away. Moody could hear a high-pitched humming sound. He noticed a rectangular window in the craft through which he could see shadows resembling human forms. The noise stopped and he felt a numbness crawling over his body.
The next thing he would remember was seeing the object rising up into the sky and disappearing into the distance.
Moody turned the ignition key and his car started immediately. Terrified, he drove off quickly. When he arrived home, he noticed, to his surprise, that the time was 3:00 A. M. He felt that he had somehow lost about one and a half hours. The following day Moody experienced a pain in his lower back.
Within a few days, a rash broke out over his lower body. Upon the recommendation of a physician, he began to practice self-hypnosis in an effort to recall what had occurred during the lost time period.
Over the next few weeks, he was able to piece together an almost complete picture of the events. According to Moody's subsequent recollection, after being overcome by numbness on August 13, 1975, he had observed two beings approaching his car….
Full Article Source


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found a new home!
Plenty of my friends are looking
for one too. Find a pet to adopt.
Find a pet to adopt |
My name is Jovial Jackson!
Facts about Jovial Jackson
- Breed: Labrador Retriever
- Color: Brown/Chocolate
- Age: Adult
- Size: Large 61-100 lbs (28-45 kg)
- Sex: Male
Jovial Jackson's Info...
I am already neutered, housetrained, purebred, up to date with shots, and good with dogs.
Hi! my name is Jovial Jackson and I am looking for a loving, forever home. I was rescued from a very unsafe beach for dogs in Puerto Rico. I am about a 4 years old, 75 lb chocolate lab :)). I have lots of energy and would love a backyard to run around in and to go on long walks and hikes. I also love attention so want to spend lots of time with my family. I am good with dogs and people :)). I am residing in Dedham, Mass. If you would like to meet me please email email@example.com. Can't wait to meet you. Love and Kisses, Jackson
Other Pets at The Sato Project, Massachussetts
Why Adoption is a Great Option
Jovial Jackson, a Brooklyn Labrador Retriever dog was adopted! Here's how you can benefit by looking at adoption as an option to buying a Labrador Retriever for sale in Brooklyn, or seeking a Labrador Retriever dog from a breeder in Brooklyn.
- Rescues and shelter volunteers in Brooklyn already know the personality and tendencies of their pets. This means they can match you with the right pet. That will makes it much easier transition to owning a pet for yourself and your new pet.
- On average adoption fees are much less than you'd pay a Brooklyn breeder, or pet store. Plus most often rescue pets have already been to the veterinarian for a check-up, had a round of vaccinations, and are spayed or neutered. That is a lot of savings!
- You will become a hero, and give a needy dog or cat a loving home. In fact, there are even Labrador Retriever breeders who help with Labrador Retriever rescue. One puppy or kitten adopted in Brooklyn paves the way for another one to be saved.


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So there's this blogger who's been toiling in obscurity until this very moment. We know you've never heard of him so lets take a look-see at the fruits of his digital labor. He came to our attention from his advertisements on facebook.
Frankly this kid is us in a previous life. Three internships in Banking. He incessantly quotes Wall Street (the movie, not the actual street, or people who work in finance), his blog has a random Wall Street quote generator. He's working in Financial Sponsors at a bulge bracket bank, and he's proud of it. With 95.76% certainty we predict he's an incoming analyst (read pre-frosh) at Credit Suisse.
We submit for your consideration "The Prince of Wall Street."
1) He's has a deep appreciation for the business of finance. "Whenever The Prince hears bloggers or financial "professionals" reading charts and talking about breakouts, support, momentum, resistance, chart patterns, or any number of goofy names for the shapes that charts make he immediately begins to smile."
2) He's smarter than Steve Feinberg. "Cerberus sure has been busy recently putting out fires on the deals they did when the LBO game was at its peak. Cerberus' troubles are illustrative of the tendency of private equity firms to throw caution to the wind when money was cheap before this summer. Cerberus is getting is now getting its just deserts for the Hubris it and other private equity firms exhibited."
3) He has a keen grasp of the industry. "With 1,400 seats, 2,000 computers and 5,000 monitors, the UBS trading floor is noted by the Guinness Book of World Records as the largest single trading floor in the world." (That would be UBS trading floor in Stamford. We all got this spiel during campus recruiting. Everyone knows UBS has the world's largest trading floor. Bonus points for not being afraid to be obvious!)
Keep your head down young sprout or you could find yourself blogging full time, ahem.
–Everett Stuckey, DealBreaker adviser to i-bank analysts.
Raghuram Rajan from the Financial Times says YOU are compensated unduly. He says bogus "alpha" is created by hiding long-tail risks, as with structured products linked to subprime mortgages. He thinks the solution would be to hold in escrow a big chunk of bonuses "until the full risks play out", meaning only true alpha gets jumbo rewards and reducing the hidden risks in the financial system.
We at Dealbreaker, think Rajan is woefully misguided. Here's why:
First of all, what exactly does "until the full risks play out" really mean? If you underwrite a 30 year bond for GM does that mean you have to wait until you're retired before you get compensated for that bond? Does this any sense at all? What if you create a new trading strategy? When would you know that "the full risks" of that strategy have "played out". We don't know too much about risk management here, but we're pretty sure if you think your strategy no longer has any risks, then you're about to blow up.
Anyway, there is already an incentive structure that exists which is designed to align the interests of the company, and employees. Its called EQUITY, friends. Bankers, traders, private equitiers and hedgies already get compensated in equity. Their goals are already shifted, to some degree, toward thinking about the long term prosperity of their firms. Sure some of them are mercenaries, but to quote Ben Affleck (in Boiler Room) "We're not saving the fucking manatees here". And by "we're not saving manatees", we mean you're not. The Dealbreaker team saved three manatees and a goat on the way to work this morning.
The net result is that when positions pan out over the long run, the traders' equity in the company becomes more valuable and goes up. When positions are shit and generate "fake alpha" employee equity drops as those position deteriorate. Get it? Got it? Good? There's no need for escrow accounts to tie up compensation and add all sorts of other annoying hassles. You'd just be reinventing the wheel.
Further, i-banks are (or should be) inherently long volatility. Their derivatives desks and market making operation pick up more cash when the market is more volatile. So if some traders are generating "bogus" alpha being short vol, or "hiding long-tail risks" that is not necessarily bad for the bank. The banks want incentivize this type of risk taking, this is what generates all that ROE they're so famous for.
Since banks are some of the most profitable enterprises on the planet, one has got to wonder if there isn't some other area that would be better served by Rajan's keen insight. Like maybe, figure out a better compensation system for the production department, so they're not always fucking up the binding on the pitch books. Maybe they could use a little more equity.
–Everett Stuckey, DealBreaker correspondent.
What does Jonathan Knee, author of "The Accidental Investment Banker" and senior MD at Evercore (and ex-Morgan Stanley, Goldman grunt) have to say about banking jobs and bonuses this year, in a Reuters (via BankersBall) interview?
1. New analyst classes (the record number of people brought onto the Street in June) this year are playing one big game of musical chairs. There are way more people than spots, and its only a matter of time before chairs run out, or people are offered a lump sum to take a hike and come back next year (a deal often revoked if a downturn ensues) or switch cities.
2. BSDs may have been herding elephants most of the year, brining in tens of millions of dollars in revenue, but it only takes one TXU tank job to put their net fees generated deep in the red. What kind of bonus are you supposed to give these guys?
3. People are scared because they might have to demonstrate firm loyalty (lateral hiring is going to dry up), at firms that probably want to fire them anyway.
4. Advisory business is becoming less relevant, and is increasingly at odds with the intents and purposes of the other, much higher revenue generating banking businesses.
5. Tell your bankers that daddy hit you – "There's a garbage in, garbage out problem with your advisers. It's like going to a shrink and you don't tell him your father beat you for the first five years of your life; it's hard for him to help you."
6. London, SarbOx – overblown, so out this season.
Banker Jonathan Knee–unplugged [Reuters via BankersBall]
More ridiculous international bankers are bagging our highest yielding assets. Swiss financier Arky Busson is now dating Uma Thurman, after splitting with his last femme-bot girlfriend Elle Macpherson. Page Six has the urgent, important news:
[Uma] has been spotted playing kissyface with handsome Swiss banker Arky Busson, who was Elle Macpherson's man for many years and the father of her two kids. "With their arms wrapped around each other, the couple seemed oblivious to everyone around them," said one report.
Breaking up with Uma may prove more difficult, as she knows the five-finger exploding heart technique.
Does anyone know where Arky works (word is that he manages EIM, a fund of funds) or if he's just a product of old money debutardation, as special mentions of his fam in the New York Social Diary would suggest? Arky's mom is named Flocky, who New York Social Diary reminds us is the granddaughter of the late Arphad Plesch, which sounds like something that needs to be drained when you have a sinus infection. Arky also was at least partially responsible for naming the children he fathered with Elle, Flynn and Aurelius Cy.
Arky played Claude in the 1988 film, "Sweet Lies."
Next for Uma [Page Six]


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The color of the month swap for June is BLUE. We will need at least 5 people to sign up for this swap to go forward. POST HERE if you would like to participate. After signing up here on this thread, please send me an e-mail with your full name & address and your GardenWeb name. I will send out my address after there are at least 5 responders.
DEADLINE FOR SIGNING UP: June 16 DEADLINE FOR SENDING SEEDS: June 19 You may include seeds that produce BLUE flowers, foliage, fruits, or vegetables, or just have the word "BLUE" in their names! You may send edible and non-edible seeds.
Absolutely NO Invasive Plants or Noxious Weeds!!!!
Please include on the packet label: the seed's name, a little blurb about it, and whether your seeds are from a commercial source or hand-collected. The limit for all of the color swaps is 10 packs, but please feel free to send in extras. These will be counted as bonus packs and I will try to send bonuses back to those who send them in. You can send in as little as 1 pack of seeds, there is no minimum to send in. Please send in the number of seeds that you would be comfortable receiving yourself depending on the variety. There should be a minimum of 10 seeds per pack. Please send only 1 pack per variety. Again, you may send more than one pack of a certain variety, but please know that they will be counted as 'extras'. So each variety will be counted as one trade. Sorry that this swap is being posted latter. I needed to wait to see if the original scheduled hostess was still planning on hosting this swap. I never heard back from them so I am posting the thread now. Lets get this swap started. I've got a bunch of blue seeds waiting for new homes in my seed box!!! Your hostess, Penny
Follow-Up Postings:
Please sign me up. I have lots of true blue flowers to share. |
- Posted by barefootgardner12 6 (My Page) on Sun, Jun 6, 10 at 14:31
I would like to join! |
- Posted by cybermeowz 4 - ND (My Page) on Mon, Jun 7, 10 at 0:03
Hi everyone! Looks like this swap is off to a good start. We just need one more Blue seed loving soul to sign up and then I will send out the address for where to send your seeds. Don, I love the blue flax too. Mine has been blooming away like mad. So pretty. Here's some more Blue seed eye candy. Really wish these were mine! Penny |
I would like to join. |
- Posted by cybermeowz 4 - ND (My Page) on Tue, Jun 8, 10 at 15:13
Thanks for joining ihana! We now have 5 participants so I will send out emails very shortly with the address to mail your seeds to. For anyone else who is thinking out joining, there is still about a week left to sign up for this swap. Okay, sending emails now. Penny |
- Posted by suzanne_719 z6b OK (email@example.com) on Tue, Jun 8, 10 at 17:16
I'd love to join this swap. I had so much fun last month with the yellow swap! |
- Posted by cybermeowz 4 - ND (My Page) on Wed, Jun 9, 10 at 0:00
Welcome to the Blue Seed Swap suzanne 719! I think it will be a fun swap. I'll send you an email with the details shortly. So far the participants are: Everyone that has signed up so far should have received an email from me with the details. If for some reason you didn't get it, please let me know. Here's some more eye candy: That's all for now, |
I'd love to join the swap! My birthday was June 7, this will be a fun birthday gift of 'me time' ;-) |
- Posted by cybermeowz 4 - ND (My Page) on Thu, Jun 10, 10 at 0:10
Welcome to our swap susana mc and HAPPY BIRTHDAY! I'm sending you an email with the details. So here is an update: The participants so far are: There is still one week left for anyone else to sign up, until June 16th. Some blue seed inspiration: Penny |
Mailed my seeds this AM. |
- Posted by cybermeowz 4 - ND (My Page) on Fri, Jun 11, 10 at 13:10
Hi everyone! I've got some more Blue Seed inspiration for you. These are all wildflowers. Rocky Mountain Blue Penstemon (Penstemon strictus) Baby Blue Eyes (Nemophila menziesii) Texas Blue Bonnets (Lupinus texensis) Blue Fiddleneck (Phacelia tanacetifolia) Your hostess, |
- Posted by cybermeowz 4 - ND (My Page) on Sun, Jun 13, 10 at 13:25
More Blue . . . Columbine "Lime Frost' (Aquilegia vulgaris) Blue Pea Vine (Clitoria ternatea) Dwarf Morning Glory 'Blue Enchantment' (Convolvulus tricolor) Only a couple more days to sign up for the Blue Seed Swap!! Penny |
- Posted by angel14437 z5 NY (My Page) on Mon, Jun 14, 10 at 13:44
My seeds are on the way! |
- Posted by angel14437 z5 NY (My Page) on Mon, Jun 14, 10 at 14:05
OOOPS! Wrong swap!!! Sorry. LOL |
- Posted by cybermeowz 4 - ND (My Page) on Tue, Jun 15, 10 at 1:05
Seeds were mailed this afternoon! |
- Posted by cybermeowz 4 - ND (My Page) on Thu, Jun 17, 10 at 12:11
Hello Everyone! Yesterday, Shanti from Canada joined our BLUE Swap. Welcome, Shanti! Today in the mail, I received a big bubblie of fantastic BLUE Seeds from Don. Thanks, Don! So here is a status report: jaynine ***Seeds received*** Everyone should have received an email from me with my mailing address, but if you need it again, just let me know. For anyone else who might be lurking out there, if you can get your seeds in the mail by the mailing deadline, June 19th, which is this Saturday, you can still join the swap. From the seeds that I've received so far, it is looking like a good one!! Some more blues for your enjoyment: Blue Anise Hyssop Blue Globe Thistle Blue Petunias Blue Allium Penny |
- Posted by suzanne_719 z6b OK (firstname.lastname@example.com) on Fri, Jun 18, 10 at 16:24
Mine will be in tomorrow's mail. Thanks for hosting this swap! Suzanne |
- Posted by cybermeowz 4 - ND (My Page) on Fri, Jun 18, 10 at 20:56
Hello everyone! I just got back from an overnight trip. I didn't receive any new bubble envelopes today. I'm anxiously waiting to see what everyone else sends in!! Here's some more Blue Eye Candy to enjoy while we wait. . . . Blue-eyed Grass (Sisyrinchium montanum) Mountain Bluet (Centaurea montana) Fescue 'Elijah Blue' (Festuca glauca) and Carpathian Bellflower 'Blue Clips' (Campanula carpatica) Another Blue Petunia 'Ultra Star Blue' Penny |
- Posted by cybermeowz 4 - ND (My Page) on Mon, Jun 21, 10 at 13:36
Hi Everyone! Hope you all had a great weekend. Today I received packages of Blue seeds from Susana Mc and Barefootgardener12. Thank you Susan and Cris! Just waiting on a few more packages and then I can sort. So here is an update: jaynine ***Seeds received*** Alpine Aster Jacob's Ladder Russian Sage Penny |
Seeds were mailed on Monday (sorry). You should have them today, at latest! |
- Posted by cybermeowz 4 - ND (My Page) on Wed, Jun 23, 10 at 14:59
Hi Everyone! Here's a status report: No new seeds came in the mail either yesterday or today. So I'm still waiting on a few packages to arrive and then I can start the redistribution. Yeah! ihana, thanks for letting me know you mailed your seeds. I'm excited to see what you sent! I'll let everyone know when the rest of the seeds come in. Some more blue. . . . False Blue Indigo (Baptisia australis) Blue Pansies Blue Pumpkins |
- Posted by cybermeowz 4 - ND (My Page) on Fri, Jun 25, 10 at 15:38
Hi everyone! Today I received Blue Seeds from ihana. Thanks Tina! I'm still waiting for seeds from suzanne 719 and Shanti. I will give it until Monday, maybe Tuesday, for the other seeds to arrive and then I will sort and send your new seeds back to everyone. So seeds should go back into the mail for the return trip on Tuesday or Wednesday of next week. Thanks for your patience everyone. Penny |
- Posted by cybermeowz 4 - ND (My Page) on Mon, Jun 28, 10 at 12:54
Hello everyone! Today, I received Shanti's blue seeds. Thank you Shanti! That means I have received seeds from everyone but suzanne 719. I'm assuming she has dropped out, so today I will sort the seeds and repackage them for their return trip. I will check for Suzanne 719's seeds one last time tomorrow morning and do a quick repack if necessary. The Blue Seeds will go in the mail for their return trip tomorrow. Thanks for waiting everyone! Penny |
I'm sorry I sent them late, cybermeowz. I had no idea that they would take so long to reach you! Wow! Next time I'll know better! |
- Posted by cybermeowz 4 - ND (My Page) on Wed, Jun 30, 10 at 17:35
Hi everyone! The BLUE SEEDS are in the mail! I didn't quite make it to the post office in time yesterday, so they went in the mail this morning. Thanks for all of the interesting seeds that you all sent in! Please post here when you get your seeds, so that I know that they arrived safely. ihana, no big deal! Just as long as they get here, that is all that really matters. For anyone who is interested, the color of the month for July is RED and Bonnie is hosting that swap right here. I also thought that I would post the remaining schedule for the Color of the Month Swaps. Here it is: July -- RED - Will be hosted by Bonnie (highalttransplant) August -- PURPLE - Will be hosted by Linda (lindaruzicka) September -- BLACK - Will be hosted by Janine (janine) October -- ORANGE - Will be hosted by Lynn (carsons_mimi) November -- BIG RAINBOW - Will be hosted by Penny (cybermeowz) December -- SILVER & GOLD - Will be hosted by Jeanne (sandlapper rose) Thanks everyone for a great swap! Penny |
- Posted by barefootgardner12 6 (My Page) on Fri, Jul 2, 10 at 12:23
I received my seeds today. I had today off....what a nice surprise to receive the seeds today. Thank you everyone. Thank you Penny for hosting. You did a great job. I'm going to google now. lol |
Got my seeds today~thanks so much to Penny & to everyone for the very nice selection I received! |
Got my seeds today~thanks so much to Penny & to everyone for the very nice selection I received! |
I too received my seeds today. A great selection. Thanks to all who shared their seeds. Thanks to a great hostess. Don |
received this weekend! Thanks!! |
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Learn more about in-text links on this page here


text:
Flexstyle Glendale
TWITCH.TV STREAMERS: You are welcome to use any and all music on this page as background music, provided you link back to it
and promote me during your stream occasionally.
Flexstyle is a mad scientist of sound. He's known to bring warring genres together by ancient and arcane means known only to a select few. Support your friendly aspiring world ruler, and enjoy the music while you're at it!
... more


text:
Adding to the uncertainty is that the trees don't recognize some weather problems once the fruit is set.
"If it rains, for instance, and the fruit splits, the tree doesn't know it's lost all of its fruit," Cameron said.
On the other hand, the trees do seem to be aware when a light bloom, poor pollination or frost damage reduces volume, he said.
A luxury enjoyed by California grower-shippers, Culbertson pointed out, is the state's cherries are the first of the year to hit the domestic market.
"We don't compete with anything internationally," he said.
"What little import pressure there is comes from Europe, and most of that fruit goes only to the East Coast."


text: James M. Hinson is Professor of Music and Coordinator of Winds, Brass, and Percussion. He received the B.M. degree in performance from the University of North Carolina at Chapel Hill, the M.M. degree from the Juilliard School, and D.M. degree from Florida State University. His teachers have included Joseph Allard, Robert Listokin, Donald Oehler, and Frank Kowalsky. Prior to his appointment at SIUE in 1994, Dr. Hinson served on the faculties of the University of North Carolina at Charlotte, Davidson College, Central Piedmont Community College, and the College of Charleston. He has performed as clarinetist with the National Orchestra of New York, the Charleston Symphony, the Florida Orchestra, the Charlotte Symphony, the St. Louis Symphony, the Illinois Symphony and the Breckenridge Music Festival in Breckenridge, CO. Many of his clarinet and saxophone students have won principal positions in performing ensembles including the St. Louis Youth Symphony, the Illinois All-State Honors Orchestra, the Illinois All-State Band, and the Missouri-Illinois Bi-State Band. Currently a member of the Meridian Trio, Dr. Hinson is conducting research into new and undiscovered works for clarinet, viola, and piano and has recently completed a compact disk entitled "Romantic and Contemporary Music for Viola, Clarinet and Piano". |


text:
Good grief Charlie Brown. Shame on you for not having the courage to go on a tv show. What would Snoopy think?
The Animal Planet show Pit Boss — which stars former actor Shorty Rossi as he rescues and retrains pit bulls — is planning to shoot an episode in Denver at the end of the month, one that would take a look at the city's strict and frequently vilified ordinance outlawing pit bulls. Show producer Jason Thomas Scott had hoped to get the other side of the story from outspoken city councilman Charlie Brown. But on Monday, Brown declined the invitation to appear on camera, citing safety concerns brought on by the shootings of Arizona representative Gabby Giffords and eighteen other people on Saturday.
"Following the Tucson tragedy, I frankly don't feel comfortable being a guest on your show," Brown wrote in an e-mail to Scott. "Every time the issue comes up before City Council we get a slew of e-mails, phone calls and letters, many of which are alarming in their tone. I apologize for any inconvenience this may cause and trust you understand the potential safety issue appearing on your show could generate."
While he's in town, Rossi will participate in the Pit Fest #1 fundraiser, the first of what organizers hope will be a series of benefit events for Any Given Breed, an organization that fights "breed-specific" laws like those in Denver and Aurora. It starts at 1 p.m. on January 22 at Bender's Tavern and will feature a dozen bands.
Miller Time: There's a bar fight coming to the Capitol, and even the new sheriff in town — a beer-drinkin' man himself — may not be able to put a stop to it.
Circle K and 7-Eleven fired the first shot last week when their Statehouse lobbyist, Jason Hopfer, rolled out a new public relations campaign on Twitter, Facebook and YouTube. Coloradans for Convenience, as it's called, is designed to convince voters and lawmakers (and even Governor John Hickenlooper) that convenience stores should be allowed to sell full-strength beer; right now, they can only sell the 3.2 stuff.
Convenience stores have been fighting for this right for years, but they're packing some extra ammunition this year in the form of a new law — which took effect January 1 — that requires the state to enforce an old one: namely, that bars and liquor stores can't sell beer that is less than 3.2 percent alcohol by weight or 4.0 percent by volume. That rule is aimed directly at liquor stores, which have argued vehemently against allowing convenience stores to sell full-strength beer, saying it would hurt their bottom line.
"Our opposition has taken the line that there is a bright line on beer, so they should have to live with it just as much as we should," Hopfer says of the new rule. "Beer is beer. And if beer is beer, then beer should be beer for everyone." And, according to his testing, that could mean that beers such as Keystone Light, Michelob Ultra, Amstel Light, Corona Light, Murphy's Stout, Beck's Light and Guinness may disappear from shelves at liquor stores and beer lists at restaurants.
Microbrewers have joined with liquor stores in this battle, fearing that if convenience stores and groceries (who are waging their own battle) are allowed to compete, they will put many liquor stores out of business — which would theaten the viability of small brewers. Small brewers like the Wynkoop Brewing Company, which Hickenlooper co-founded in 1988 before launching his political career.
"He's certainly familiar with the industry," Hopfer says of the new governor. But he's not worried about the connection. And as for the legislature, he adds, "I think they'd like to see the issue put to bed."
Even if they don't remember what happened in the morning.
Good grief Charlie Brown. Shame on you for not having the courage to go on a tv show. What would Snoopy think?
Councilman Brown is and always has been a opportunistic twit with no real courage or ethical stance whatsoever. His cancellation of the interview had nothing to do with Tucson (this was a private interview, Brown wasn't scheduled to do it in public, as far as I can tell....did he think that the videographer was an assassin? Was Councilman Brown afraid that "Shorty" would unleash a pack of killer pitties that would rip him to shreds on live television?) and anyone who can read knows it.
Brown is an opportunistic clown, kinda like a more redneck version of State Senator Chris Romer. Romer wears a neck tie, Brown wears a bolo. Both are loumouth blowhards who work the system for personal gain. Neither has any fucking backbone, ethics or insight.
Actually convenience stores have a better safety record than those selling real beer right now. Tell Colorado elected officials you want choice: http://CO4C.com
Charlie Brown is SOOOOOOO Full of "it" he should feel ashamed of himself! Who in the world would even bother to WASTE a bullet on him? He is NOT that important;but in the fashion of a Two-Faced instigator... I guess he felt threatened or that he could be singled out in some way--*Like pit bulls and their owners. ironic. - As for the booze and "Convenience"...Isn't it already TOO convenient for TOO many people to get a hold of? The liquor industry(microbreweries included) already seem to feel THREATENED by the new MMJ industry because they are now pushing to be able to sell their products everywhere and have NO culpability for what happens when Drinking booze goes wrong! Quick! Somebody get Charlie brown a drink! compliments of Mr. Hopfer...y'know "hair of the dog that bit you."


text:
Trail-blazing schemes show potential of REDD+ in the Brazilian Amazon
By Guy Edwards and Emily Kirkland (Brown University)
In the jungle of acronyms and arguments that characterize efforts to confront climate change, it is hard to beat the complexities of REDD+. However, in the Brazilian Amazon a number of pioneering schemes are offering a way out of the melee.
REDD+ is shorthand for reducing emissions from deforestation and degradation, plus forest regeneration and rehabilitation. REDD+ provides developing countries with financial incentives to protect their forests and improve sustainable forest management.
The destruction of forests accounts for around 20% of global greenhouse gas emissions with most deforestation occurring in the developing world. In Brazil, deforestation represents over 50% of the country's emissions.
Following progress made in Copenhagen with the completion of a draft text, the high number of references made in the Copenhagen Accord and the advances made in Tianjin last week, experts remain optimistic that a REDD+ agreement could be on the cards.
The Copenhagen draft recognizes good governance and the engagement of indigenous peoples and local communities as key elements of any potential REDD+ mechanism, which is considered an important, yet still insufficient, step forward.
While the outcome of the international negotiations and potential policy framework remains ambiguous, the following pilot programmes in the Brazilian Amazon give a sense of how REDD+ might look on the ground.
Can Brazilian attempts to protect Amazon offer a way forward for REDD+?
There are dozens of different anti-deforestation programmes underway in the Brazilian Amazon that could prove compatible with REDD+. Five programmes in particular merit special attention. All five work with individuals and families to reduce deforestation in return for cash payments, an approach known as payments for ecosystem services which overlaps closely with REDD+.
Proambiente is a federal programme operating in 136 communities in all nine Amazon states. Proambiente works with local communities to set targets for deforestation with progress monitored regularly and monthly payments disbursed to families if targets are met. Farmers are provided with technical assistance including training and equipment for sustainable fishing and agroforestry. These alternate sources of income supplement the monthly payments and support farmers to reduce their dependency on unsustainable agricultural techniques.
Proambiente is currently funded through the federal budget, with some support from abroad. It represents a potentially strong match with REDD+. Unfortunately, inadequate funding has been a problem with payments sent to half as many families as was previously expected.
Bolsa Floresta is a state programme run by the Environmental Ministry of Amazonas State in partnership with the Amazonas Sustainable Foundation. It provides around $30 a month to families that sign a zero deforestation agreement.
Bolsa Floresta also gives grants to community groups and invests in local development projects. It is just one element of the state's progressive forestry policies spearheaded by the Green Tax Free Zone established in 2003, which has led to the reduction of deforestation by 70% in Amazonas between 2003 and 2008.
The Green Free Tax Zone includes education programmes, tax incentives and an expanded network of protected forest reserves. Bolsa Floresta receives funding from a special state fund, donations from major corporations like Brandesco Bank, and through sales of carbon offsets abroad. Customers at Marriott Hotels have the option of paying a few extra dollars a night to offset the emissions associated with their stay which helps fund Bolsa Floresta at the Juma Reserve in Amazonas. Together Proambiente and Bolsa Floresta represent a crucial testing ground for REDD+.
The three other programmes – Campo Cidadão in Pará, Avoided Deforestation on Small Rural Properties in the Vicinity of the Transamazon Highway, and the Acre State Carbon programme – are all still in the design phase.
All three will eventually offer payments to farmers who commit to reducing deforestation. Campo Cidadão is funded through the state government, while the Acre State Carbon programme hopes to get funding directly from international corporations like British Sky TV. The Acre State programme is also aiming to obtain contributions through the Amazon Fund, where as the Transamazon project is relying entirely on the Amazon Fund.
The Amazon Fund was created in August 2008 with the aim to raise funds for Brazilian REDD efforts and to finance initiatives to reduce deforestation. The Fund's resources are used across a broad spectrum of activities including the management of protected areas, monitoring and inspection, sustainable forest stewardship, land use planning and reclaiming of deforested areas. Norway has already committed a donation of around US$130 million, while Germany has committed US$ 33 million.
Where's the beef?
All five programmes mentioned are predominantly aimed at subsistence farmers. Yet the amount of deforestation by subsistence farmers is eclipsed by the cattle industry, which is responsible for 70% of large-scale forest loss in the region.
The Aliança da Terra focuses on the cattle sector by educating ranchers about sustainable techniques and offering them incentives for both reforestation and reduced deforestation while providing a special certification scheme for sustainable producers. Aliança da Terra currently receives funds through private donations, with some support from international donors like Finland, and it may well be eligible for REDD+ funding in the future.
A pressing challenge will be to combine the success stories of some of these sub-national schemes and their potential as part of a broader national REDD policy in order to ultimately make a long-term difference in the Brazilian Amazon.
Brazil's National REDD Strategy
In 2009, Brazil voluntarily established a 38.9% emissi
on reduction target to be reached by 2020. As most of Brazil's emissions come from deforestation, Brazil hopes to reduce deforestation in the Amazon by 80% and 40% in the Cerrado by 2020 to make this voluntary target a reality.
The main component of the Brazilian REDD policy is the Action Plan for Prevention and Control of Deforestation in the Amazon (PPCDAm). The Plan involves thirteen ministries and twenty agencies and focuses on three areas: setting deforestation reduction targets, integrated action for deforestation control and prevention, and the Amazon Fund. After five years of implementation, the government reports an impressive reduction in deforestation with recent estimates suggesting deforestation has fallen from 27.4 square kilometres in 2004, to 7 thousand square kilometres in 2009 (#).
It would appear that state level responses combined with the federal government's long overdue action on deforestation are having an impact. The greater level of collaboration between Amazonian states and Brasilia stems in part from the promotion of the Amazon Fund. In order to receive financial resources from the Fund states are required to create plans for preventing deforestation. By late 2009, seven of the nine states in the region had prepared their plans, which contributed to federal and state governments establishing a task force to define a joint REDD proposal.
Although there have been some notable success stories, a multitude of challenges remain. Confronting a wounded yet still powerful anti-environment lobby will be a priority. It will also require resolving issues like land tenure and revising forestry laws, improving monitoring, governance and institutional capacity, securing the conviction of environmental offenders, preventing illegal occupation of public land and promoting new sustainable alternatives.
But the signs are certainly hopeful. The federal government has forwarded a bill to Congress for the establishment of a National Programme for the Payment of Environmental Services and this year's presidential election has focused on the environment to an unprecedented degree. Enthusiasm and attention in Brazil are high. And in the Amazon, innovative programmes are perhaps beginning to take root.
# The Brazilian REDD Strategy: How the country has achieved major deforestation reduction in the Amazon (2009) Ministry of Environment, Brazil
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Reading List
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Blogs & Websites
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