text:
2000 GMC Jimmy • 119,000 miles
4X4 - Engine surges - RPM gage jumps around starting at about 55 mph No codes or check engine lights. What should I check first - I have been told to change transmission fluid and the cylinode. Need your help
December 26, 2012.
December 26, 2012.
How does the motor run?
Forget about the trans, lets see what the actual issue is
Forget about the trans, lets see what the actual issue is
Surges at 55 mph - engine runs ok - no codes - no check engine light started after sitting for about a month
Dec 26, 2012.
Dec 26, 2012.
I would think an issue with the tach itself if the motor is running ok.
Check connections at the coil and the back of the cluster
Check connections at the coil and the back of the cluster
2000 GMC Jimmy starts and runs OK, except when you might say it surges and lacks power a little. The tack jumps around when this happens.
Dec 27, 2012.
Dec 27, 2012.
What would be compatible to use for a replacement engine in my Breeze? I am just looking to get something that would work with it to get it up and running. Can I use a different model ...
1 answer • 1999 Plymouth Breeze • 120,000 miles
If i took out my 91 toyota carolla engine what other cars would it be compatible with?
4 answers • 1991 Toyota Corolla
We have two Jeeps that we need to replace the 4.0 engines on. a 1996 2 wheel drive and a 1998 4 wheel drive. We have found a 1994 2 wheel drive engine that we are planning on putting ...
2 answers • 1998 Jeep Laredo • 165,000 miles
1990 Toyota Camry mileage: 150,000. 1. The oil warning light is on. 2. There are four quarts of oil in the car. 3. The oil filter is dry. 4. The engine sounds rough. 5. There is noise ...
3 answers • 1990 Toyota Camry • 150,000 miles


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Originally written on Fox Sports | Last updated 11/13/14
Jhonny Peralta hit a two-run double during a three-run eighth inning that sent the Detroit Tigers to a 5-3 victory over the Los Angeles Angels on Saturday night. The Tigers trailed 3-0 before scoring twice in the sixth and taking the lead in their last at-bat. With men on first and third, Peralta hit a line drive just fair down the left-field line off Garrett Richards (3-3). Alex Avila then added an RBI single. Octavio Dotel (4-2) threw two scoreless innings for the win. Jose Valverde pitched a perfect ninth for his 26th save in 30 chances. Vernon Wells homered for the Angels, who had won four straight. Dan Haren, who threw two complete games against Detroit in July 2011, went only 5 2-3 innings in this one. He allowed two runs and eight hits with seven strikeouts. Rookie Drew Smyly allowed one earned run and four hits in six innings for the Tigers in his return from a strained muscle in his right side. He struck out six and walked two. Albert Pujols missed a third straight ga...
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Smart people like curly fries, and 5 other things your Facebook 'likes' reveal about you
High IQ
The researchers believe they were able to predict high and low IQ's with 35 percent accuracy. The best predictors for high intelligence include "liking" thunderstorms, the Colbert Report, science and curly fries.
They include this caveat: "Although some of the Likes clearly relate to their predicted attribute … other pairs are more elusive; there is no obvious connection between Curley Fries and high intelligence."BrokenSphere
Low IQ
Conversely, the researchers say people with low intelligence like Sephora, I Love Being a Mom, Harley Davidson and Lady Antebellum.David Paul Morris
The researchers found "strong predictors" for male heterosexuality included whether the man liked the Wu-Tang Clan, Shaq or the page Being Confused After Waking Up From Naps.Gary I. Rothstein
The researchers claim to be able to predict male homosexuality with 88 percent accuracy. Men who "liked" Mac Cosmetics, Wicked: The Musical, Britney Spears, and the Desperate Housewives TV show were more likely to be gay, they said.Tristram Kenton
Men versus women
Men and women "like" vastly different things on Facebook. This division is so sharp that researchers were able to correctly guess a person's gender with 93 percent accuracy, just based on Facebook Likes.
"…Patterns of online behavior as expressed by Likes significantly differ between these groups allowing for nearly perfect classification."
Hello Kitty
Researchers were able to apply specific personality and demographic traits to individual Likes. For example, people who liked Hello Kitty on Facebook had – on average – personalities that were high on Openness but low on Conscientiousness, Agreeableness and Emotional Stability.
Demographically, researchers said Hello Kitty fans were more likely to be Democratic, African American, Christian and slightly below average age.Junko Kimura
Whether your parents broke up
Using Facebook Likes, researchers tried to determine if a person's parents were divorced or not.
"Although it is known that parental divorce does have long-term effects on young adults' well-being, it is remarkable that this is detectable through their Facebook Likes," the researchers wrote. "Individuals with parents who separated have a higher probability of liking statements preoccupied with relationships, such as 'If I'm with you then I'm with you. I don't want anybody else."Jeffrey Hamilton
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Top Articles from Visual Art
Regional Artists Explore the Boundaries of Landscapes in 'Now Here'
Regional Artists Explore the Boundaries of Landscapes in 'Now Here'
Visual Art
Contemporary Printmaking (Review)
Manifest Gallery's current exhibitions play off each other nicely
Jane Durrell
1 Comment · Tuesday, December 23, 2008
Noticing how individual works play off each other can give a new slant to looking at an exhibition, allowing you to think like a curator. Contemporary Printmaking at Manifest Gallery offers such a rewarding opportunity.
Visual Art
Paintings by Jimi Jones (Review)
Pixel-based paintings defy you to ignore them
Jane Durrell
1 Comment · Wednesday, December 17, 2008
"I had a Eureka moment," Jimi Jones told an audience at a lecture last week for his current exhibition at downtown's Weston Art Gallery. The longtime active member of the Cincinnati arts scene had discovered he could incorporate pixels (the building blocks of computer graphics) into his paintings. Results of that breakthrough can be seen in the show's vibrant works.
Visual Art
Brush, Clay, Wood (Review)
Taft Museum offers a rare glimpse into Rosenthals' private collection
Laura Leffler
0 Comments · Wednesday, December 10, 2008
Ed and Nancy Rosenthal haven't technically opened their home to the public, but this exhibition at the Taft Museum of Art allows us a peek into their life just the same. The show documents an art collection that began in 1980 with a 3-foot-tall Chinese vase. From there, the Rosenthals ventured on a collecting odyssey as they traveled throughout China and New York and chose pieces that struck them. As such, their collection runs the gamut of media, size, form, era and technique.
Visual Art
The Binarians (Review)
Andrew Au delves into pluses and minuses at Clay Street Press
Jane Durrell
0 Comments · Wednesday, December 10, 2008
Andrew Au is a fellow of infinite jest who takes infinite pains to commit his jests to paper. For his text accompanying this show, he's adopted an antique style, reflective of biblical pronouncements but also handy in sending up scientific jargon. He has so much fun with it that senses reel.
Visual Art
Practice Makes Perfect
Artists use daily blogs to hone their craft and sell their work
Tamera Lenz Muente
0 Comments · Wednesday, December 3, 2008
In December 2004, Virginia-based artist Duane Keiser began making one small painting a day, posting them on his blog and selling them at very affordable prices. Over the past four years, Keiser's A Painting a Day blog received a flurry of national media attention and. Now local artists are joining the blogging movement.
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Supplemental Ornament (Review)
Althea Murphy-Price makes sculpture from hairdos
Matt Morris
0 Comments · Wednesday, December 3, 2008
Althea Murphy-Price is fascinated by the everyday fashion show of our lives, where we all walk around projecting and revealing information about ourselves through the hairstyles we sport, what we wear and all the superficial details that make up our self-images.
Visual Art
The Alternative Field Guide (Review)
The Lloyd Library inspires imaginative works of art
Tamera Lenz Muente
0 Comments · Wednesday, November 19, 2008
The Lloyd Library doesn't receive as much foot traffic as the public library a few blocks away. Most people probably don't realize that its quiet Plum Street building houses a phenomenal collection of medical, botanical, natural history and travel books dating as far back as the 15th century. Book artist Kate Kern served as artist-in-residence at the Lloyd Library over the summer, and works of art resulting from her stay, made mostly by non-artists, are now on view through Dec. 30.
Visual Art
Making the Old New Again
Commitment to classical methods pays off for young painter
Tamera Lenz Muente
0 Comments · Wednesday, November 12, 2008
Jahaziel Minor's senior exhibition at the Art Academy of Cincinnati last April presented something remarkably different from other recent undergraduate shows. It focused on one large painting and the nearly 20 preparatory drawings and oil paintings he made to develop the final canvas.
Visual Art
Aesthetic Comfort (Review)
Ryan McGinness illuminates contemporary culture and art history
Laura James
0 Comments · Wednesday, November 12, 2008
Ryan McGinness' exhibition of new paintings creates an optical second reality in the Vance-Waddell Gallery at the Cincinnati Art Museum. He uses florescent paint to create a three-dimensional effect. The illusion is so believable that it's hard to imagine anyone not itching to touch the panels.
Visual Art
China Design Now (Review)
CAM exhibition reveals the last two decades of design in China
Tamera Lenz Muente
0 Comments · Wednesday, November 5, 2008
Many Westerners received their introduction to modern China during the 2008 Olympic games. Television viewers witnessed the results of an architectural explosion in Beijing, and innovative structures like the Bird's Nest and the Water Cube became instant cultural icons.
Visual Art
The Clouds Are After Me (Review)
Kambui Olujimi indicts all of us in his solo show at UC
Laura James
0 Comments · Wednesday, November 5, 2008
What this means is not at all simple. The papers are painted beautifully in the loose but contained way of a lot of art right now. It's also politically charged. But bringing the two together makes something consuming. We, as viewers, stand face-to-face, surrounded by the criminal acts of our generation.
Visual Art
Houdini's Box (Review)
Art Beyond Boundaries Gallery celebrates the magic of photography
Selena Reder
0 Comments · Wednesday, October 29, 2008
"The theme of 'Houdini's Box' is all-encompassing," explains Jymi Bolden, director of Art Beyond Boundaries Gallery. He put this exhibition together to showcase a diverse range of photographers working with film and digital techniques in what he calls "a magic act."
Visual Art
Unusual Journey
The Dayton Art Institute looks at Children in American Art
Jane Durrell
0 Comments · Wednesday, October 29, 2008
It begins with a strange and stiff little figure from the 17th century, "Robert Gibbs at 4-1/2 Years." Young Gibbs appears as a miniature adult, in the fashion of the times, holding gloves as his father might, painted by an artist known only as the Freake-Gibbs painter.
Visual Art
Beyond Pictorialism (Review)
Doris Ulmann documented rural Americans in the 1920s and '30s
Tamera Lenz Muente
0 Comments · Monday, October 20, 2008
Designsmith gallery's 15-photo collection "Beyond Pictorialism" is one of the largest exhibitions mounted in the past 15 years of this little-known photographer's work.
Visual Art
Children in American Art (Review)
Dayton Art Institute offers unusual journey through changing concepts of childhood
Jane Durrell
0 Comments · Monday, October 20, 2008
In what could easily have become an exhibition larded with cuteness, the Dayton Art Institute presents childhood as interpreted by American artists from the 17th through 20th centuries.
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Show your fashion flair with Fashion Assistant Deluxe, the fabulous game that lets you experience the world of style in person! Julia finally gets her chance as an assistant to one of the world's leading fashion editors. She quickly realizes however that it's not as glamorous as she had hoped. When the master design book of an upcoming collection disappears, all eyes are on her to save the day.
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Silver Sand over Nutmeg Exterior Beige Interior Limited Number Built A great opportunity to own a rare car, this 1967 Bentley T1 has been well cared for. It... More
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In 1931 the Bentley- production was shifted to Derby. The 4 1/4 Litre was built from 1936 on, and it`s success was reason for... More
1960 Bentley S2 RHD '60 Bentley S2 RHD, 2 tone green with grey interior, very unique color combination, lots of potential, excellent original California car... More
1951 Bentley MKVI RHD Heads will turn as you drive away in this classic 1951 BentleyMK VI. Vehicle is RHD ,2 tone black/gold,with red leather... More
Lease this car from as little as $2,351/month (plus tax), with just $9,999 down. 60 months. See our specials page, http://www.bellevuebentley.com/bellevue-new-specials, for complete details... More
1948 Bentley Mark VI 2-Door Coupe • Original razor-edge coachwork by James Young Ltd • 4.3 Liter 6-cylinder engine with dual carburetors • Newly painted exterior; interior... More
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**Only $896.00 a Month** Dark Sapphire With Saffron Leather Interior. Fitted With: Bentley Emblem Stitched On Headrests In Contrasting Saddle Color, Contrasting Stitching In... More
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Very rare 1999 Bentley Continental SC 1 of only 73 produced - only a handful delivered to United States (23 of the 73 are left... More
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Mariners Fan
A blog written by and for Seattle Mariners fans
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The Dam Breaks loose …Mariners flood Tigers 13-3!
12,411 fans were treated to a rare but much deserved flood of Mariners offense tonight as the dam finally broke loose unleashing a 13 run 15 hit offensive explosion against the visiting Detroit Tigers. Doug Fister got the win tonight and went 6 1/3 innings, allowing a pair of walks and fanning 7 Tigers which is a [...] [Read More]
Tigers Maul Mariners Bullpen Prey 8-3
Jason Vargas threw 114 pitches tonight before handing the ball over to the bullpen who displayed one of the worst melt-downs in recent history allowing the visiting Tigers to bat-around and score 6 runs. Both Josh Lueke and Chris Ray looked terrible tonight each throwing run scoring wild-pitches to go along with a kitty-box full [...] [Read More]
Mariners Win First Game following Eruption of Mt. Mustache
Following yesterday's closed door eruption by Mariners manager Eric Wedge (Mt. Mustache), the Mariners were able to win their first day-game of the season, 3-2 over the Kansas City Royals, thus salvaging the final game of this long and mostly uneventful four game series. This is Scott making my second Sunday guest appearance. One can [...] [Read More]
More on the Safeco Field Dimensions debate..
Since today was another compltete wipe-out game ie 7-0 to Kansas City, and I did not even watch the game, I thought I would talk about my one-man crusade to move the fences in at Safeco Field. I have recieved a few comments from fans with some of the usual remarks ie "moving the fences [...] [Read More]
Once again it's time to consider moving in the fences at Safeco Field
There was a good article in the Seattle Times today discussing the Seattle Mariners history in the past 6 years or so in regards to their futile efforts to find a real #4/clean-up hitter. This year looks like it will be the same old story as evidenced by Erick Wedge's decision to put Adam Kennedy [...] [Read More]
Will the last Mariners Fan leaving Safeco Field- Turn out the lights…
I have been contemplating all day the meaning of yesterday's record-low attendance at Safeco Field for the Mariners game which we lost 8-3 in sort of typical Mariners nightmare style. The 12,407 hardy fans who did show-up for this one can be broken down into four categories 1: The hardcore fans like me and you who [...] [Read More]
Mariners blow great outing by Vargas 8-3
The Mariners bullpen gave-up 6 runs in the 8th inning today to the visiting Toronto Blue Jays wasting a great outing by starter Jason Vargas who pitched 6 2/3 innings holding the Jays to one run before being pulled. The big blow came off the bat of Jose Bautista last years home run champ who [...] [Read More]
Michael Pineda takes charge on the mound as Mariners win 3-2
Michael Pineda threw 103 pitches tonight to dominate the Toronto Blue Jays and pick-up his first win as the Mariners beat the Toronto Blue Jays 3-2 in another thriller that offered a little of everything. Pineda imposed his will on the Jays tonight with his 97 mph fastball mixed in with an occasional slider [...] [Read More]
Mariners Beat Toronto 8-7 with Dramatic Comeback!
The Mariners snapped their seven-game losing streak with a dramatic come from behind win over the Toronto Blue Jays 8-7, thanks to a lot of walks and a clutch two-out 2-run game winning double off the bat of Luis Rodriguez in the bottom of the 9th! Rodriguez who came into the game for an injured Chone [...] [Read More]
And Now for Something Completely Different
Ahoy to everyone out there in Mariners land, this is your fearless captain's fearless fill-in (first mate?) embarking on my maiden voyage navigating the choppy waters of the Mariners blogosphere. I maintain the privilege and honor of calling Jeff my friend, and while I might not be as seaworthy, I've stocked up on dramamine and [...] [Read More]
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13:08 3rd July 2013
Fixture brought forward
Wolves' second home game of the season against Crawley Town has been selected for live coverage by Sky Sports.
The game has been brought forward to Friday, August 23, with a 7.45pm kick off.
The announcement means two of Wolves' first five fixtures will be screened with the Capital One Cup tie at Morecambe already been shown on Tuesday, August 6 (7.45pm).
Scott Golbourne insists he has only one target in mind as Wolves p....
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(326/365) We knew we wanted to eat lunch at a Maid Rite while driving down the Mississippi. We ended up at one in Quincy, IL that has had its franchise since 1928. It was totally old school. It ends up it is also the one Alton Brown went to on Feasting On Asphalt.
sazzy and Chris Bertram added this photo to their favorites.
such a cool sign!
Yes, a great sign.
omg...i haven't heard the term loose meat in forever....this is awesome
I love signs like these - I always want to pull over and take a shot when I see them. Glad you got this one. :)
As a Quincy native, I can assure you that Maid Rites are addicting. It's usually the first stop I make when I hit town...even before I go to my parents' house! LOL One other note, the Quincy Maid Rite should not be confused with the franchised "Maid-Rite". I've eaten at two franchised Maid-Rite restaurants (Denver and Loveland, CO...both now closed) and they don't hold a candle to the Quincy operation.


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full house
I just saw a commerical for the "Full House" complete series dvd collection. This will definitely be going on my Christmas list. I loved watching "Full House" going up and I'm sure I've seen every episode but who could resist watching them all over again! -Erica
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q&a with tartelette tastemaker brooke white
about 2 years ago - 1 comment
A musician, artist and new mother, with the release of her new Holiday album, "White Christmas", Brooke's proved she's the real deal and a true talent. The songstress took a few minutes to sit down and discuss music, motherhood and the Holidays with us.
the best holiday movies. ever
about 2 years ago - 1 comment
Candy canes, eggnog, champagne – oh my! The holiday season is in full swing, tartelettes. In between stalking down the perfect gifts and attending the mad rush of festive parties, we like to wind down with a quiet night here and there. Nothing gets us in the seasonal spirit better than curling up with a […]
tarte™ for True Blood™
about 3 years ago - 2 comments
Hey there tartelettes! Unless you've been sleeping in a coffin (and no judgment here), you should've heard that HBO® series True Blood premiered over the weekend! And with that we released our new tarte™ for True Blood™ limited-edition collection. We've put together some killer products for the supernatural beauty and vampy vixen. Inspired by […]
Party Dresses
about 4 years ago - 1 comment
Work party, family gathering, significant other's cocktail party, Chrismukkah bash, New Year's…heck, this time of year I'll use any excuse to don a party dress. Holiday soirees are the perfect reason to add a little extra sparkle to your wardrobe. There's something about these minis that make an evening feel extra festive. While your go-to […]
Daytime Dare: Velveeta
about 5 years ago - No comments
November is upon us, Tartelettes, and we all know what that means- Wham, Bam, its Christmas, ma'am! What better suits the Holiday Season than the sumptuous richness of velvet? Ok, ok, so I understand your fears with this fabric. But I blame that fashion trepidation on two other style offenders. They go by the names […]
about 5 years ago - No comments
Celebrity makeup artist Maria Maio gave actress Susie Essman the perfect look using her favorite tarte goodies for hidden camera TV show Make My Day. Since we're huge fans of her hilarious, out-spoken character 'Sussie' in HBO's Curb Your Enthusiasm, we'll definitely be tuning in to her latest project! Get this glowing day look with […]
A tartelette's wish list…
about 6 years ago - No comments
I'm channeling the boho-chic girl within and my top five must-haves are: 1. DVF stretch silk "Rachel" dress in this fun Warhol print 2. Ettika saddle leather "Peace" wrap 3. Sam Edelman "Galina" sandals in mineral blue 4. Now playing on my ipod—Bedouin Soundclash: When the Night Feels My Song 5. Nars "Schiap" shocking pink […]
Rolling Stone
about 6 years ago - 2 comments
2 words: Taylor Swift. She might be 19, but this girl rocks—two covers in one month and still leading the U.S. pop charts for 11 weeks. I'm a big music fan (yes, I can be caught with my iPod on singing along to Love Story) and when I got the March issue of Rolling Stone […]
Charmed & Dangerous
about 7 years ago - No comments
For Christmas my mom got me an awesome necklace from Charmed & Dangerous. They are actually mother & daughter jewlery designers and are from Maureen's hometown of New City, NY! The designs are vintage inspired and little funky, which I just love, plus the prices are so reasonable. I haven't taken my necklace off since […]
Tarte Holiday Party!
about 7 years ago - No comments
Last night was the tarte holiday party! We did something a little different—we actually made our own delicious dinner at Rustico Cooking! We enjoyed some wine and then got down to business. We were split up and some of us made the appetizers and dessert, while others cooked the main course and side dishes. If […]


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Published July 8, 2014
MetPro uses proprietary technology in combination with specialty films and foils to develop products for a variety of markets. Read More »
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The new series of BOPP film uses the company's new, higher-shear V-01 permanent acrylic adhesive. Read More »
Published March 14, 2014
During an inaugural supplier recognition awards ceremony, winners were chosen for their sustainability, innovation, service, overall value and quality. Read More »


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Quality Inn On Historic Route 66
1520 E. Main St.
Barstow, CA 92311
Phone: (760) 256-6891
Fax: (760) 269-3578
Arts & Museums
Ontario Museum of History and Art
225 South Euclid Avenue
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Reader comments are listed below. Comments are currently closed and new comments are no longer being accepted.
Spain needs to cut spending more than raising taxes. The state has a lot of money but is is poorly allocated and wasted on cushy jobs and payoffs to favored groups. If there were a more intelligent prioritization of money, Spain could eliminate its yearly deficit without having to raise taxes, or affect vital services, but to do this the government would have to go against parasitical vested interests.
Raising taxes just hurts the economy, while cleaning up the government waste, fraud, duplication and abuse, will make the economy more productive and healthy,
Yeah, it reads well, but practice is that parasites and vested interest groups are the last to be affected, when everything else has already been stripped to the bone. The more dire a situation is, the more they abuse their power to extract their undeserved rents. This is "etatism" for you.
Unfortunately your suggestions are impossible, because all the useless positions and departments are managed by relatives of the main politicians, and that is why those departments were created in the first place for the family. Spain has twice the number of politicians that Germany, with much less population.
As an example, they are going to fire 30% of councillors, but they will put more people in the "Diputaciones", because the people in those institutions are hand-picked, and the councillors are democratically elected. The corruption is so at the top that it is impossible to stop it. They are now several cases of politicians or bankers who went to jail that when their parties got the power they were forgiven. You need years to prove that a guy was corrupted, and after one year in jail he is released by the government. It is a complete joke.
There are no cuts for the royal family, the Church does not still pay any tax and the SICAV accounts that is the way that the rich people pay 1% tax have not been cancelled.
Your comments shows on-the-ground knowledge of the Spanish situation.
Both the socialist and conservative parties (PSOE and PP) are corrupt mummies, as well as the main regional parties.
Spain could do well but we need new parties and changes in the constitution.
There are 17 regional governments with 17 orbits of corruption, one around each. This is the origin of the problems in Spain.
When will these idiots in Berlin understand that austerity only compounds the crisis? No matter how much Spain or Italy cut back public spending, bond rates will keep hiking. They won't trust them if they don't cut, and they won't trust them if they do. Only EU-backed debt and ECB debt purchase will calm down the speculators. The ECB needs to start behaving as Europe's central bank, and not just as Germany's. It's in their own interest too, considering that over 40% of Germany's exports stay in the Eurozone (and 60% in the Union). Sales to China and Brazil are not increasing at the rate Spain and Italy's demand is falling. Europe's economy needs to be re-activated, or Germany will go down with the ship as well, and that can only be done through expansive (but rational and properly designed) policies. Austerity is the cure that kills the patient. Enough bleeding!
"When will these idiots in Berlin understand"
I also have the similar idea that Berliners are idiots. But for different reasons. I have to quote Tori Amos: "When you gonna make up your mind?"
My translation;
"When you gonna make up your mind to quit euro zone".
PIGS want to spend money they don't have! But they want you to provide the money FREE.
They are all spending money they don't have, sikko. That's how the system works. Debt is the economy's fuel. Germany's debt-to-GDP ratio was worse than Spain's until a couple of years ago. The difference is that some countries pay 7% and other pay 0%. But these imbalances will cost dear to all European countries, including Germany. Without "spendthrift PIGS" to buy their stuff, Germany's export-dependent economy will go under just the same. The solution shall be pan-European, or it shan't be.
For Germany so far the situation is a win-win: they finance their debt at low rates; they can keep flooding EZ markets with goods priced in Euros; they can export to third countries with a weak currency due to the pain in the periphery, while theirs is a robust economy that would command an expensive currency...
Their policy so far is to make the most of the situation. But this short sighted policy can backfire if the periphery collapses. Then the tide will reach Berlin and Germans will discover that the money in their bank is backed by toxic assets and that the export machine is stopped in its tracks. But of course, they will always have others to blame for that also.
On the other hand, we have shameful politicians in Med countries and that is entirely our fault. Berlusconi seems to be thinking of running again...
Helpful hint for rational debate. Germans are not Santa Claus, they (like most countries) act in what they perceive to be their own self-interest.
If they let the Euro fall, they go right back to being "the sick man of Europe". By staying in they keep their trade surplus, pay off their banks by laundering the money as bailout funds to other countries and play the role of a suffering martyr.
A good deal any way you look at it.
Don't be framed by your own corrupt sikk politicians. Have your own wisdom. This is the time your people need it desperately. Otherwise your destination is only one direction to hell.
"The difference is that some countries pay 7% and other pay 0%"
There might be reasons for that, don't you think? BTW, between 2001 and 2008, Spain paid just ~0,2% more than Germany. During this period, most of the existing loans from before, with interest rates of up to 15%, must have matured and rolled over on much, much better terms. New loans were also unusually cheap. So, Spain should have reduced her annual total interest payments during this period. Thanks to the Euro.
It is obviously a real problem for some people to understand that credit and credibility have the same roots and one affects the other, the results can really hurt.
Spot on. I strongly suspect Merkel realizes this (the effects of the German prescription on Greece are abundantly clear and had been predicted by Paul Krugman at the NYTimes among others), but she continues to push for austerity because it's what plays best with the angry German electorate. Applying austerity during recession is cruel and self-defeating.
Doubling down when the medicine is clearly poisoning the patient is madness.
Germany is not APPLYING austerity to Greece. How could it be? Greece is a sovereign country. Greece is free to procure and spend cash in any way it wants, including taxing people, selling assets and/or issuing its own currency and printing as much of it as it wants.
If Germany is applying austerity to Greece, then Greece is applying austerity to Lesotho. Just look at Lesotho's economy to see what Greece has done.
Germany can't force these countries to do Austerity smart. Instead these countries are doing it moronically and also not reforming their underlying economies as well.
I think ReturnToSender's post helps summarize how those countries' politicians view things and explains why this crisis will continue.
According to the announcements made by Mr Rajoy my salary is going to be reduced by 7% this year, after a three years freeze and a 5% cut in 2009. Meanwhile they have been increasing our workload.
I will pay 3% more VAT, just two years after it was increased by 2%, so we jumped from 15% to 21%. In the income tax we endure the second highest rates in Europe (52% and up to 56% in some regions).
Doctors, nurses, teachers, professors… have been fired. Yet TODAY, five years into this crisis, in the region where I live the public regional TV channel (devoted to portray a daily dose of positive reporting of the regional President) still employs 1.800 people -read many friends and family of the ruling party-, more than three of the biggest private national TV networks put together. Several other regions -ruled by different political parties- boast their own TV networks with as many or more employees than the TV network in my region.
TODAY the region where I live boasts the world's only so-called "pedestrian" airport (no plane has yet landed even though it was officially inaugurated a year ago). The politician responsible for that waste keeps his post in the party, even though he still has an unrelated corruption case pending in the Courts for seven years now, with the current Judge -several Judges abandoned that post during these seven years- protesting undue interference in the case. Since la famiglia matters, as a Sicilian would say, his daughter is a national MP.
The regional minister for education, who is demanding sacrifices from teachers, had her sister appointed in January as Press Secretary in the town where she was elected as Mayor. The appointment was made by the new Mayor she handpicked when she was promoted to the regional cabinet.
In an enquiry by the regional Parliament about the implosion of CAM, a savings bank in which taxpayers have poured more than 10.000 million Euros, several members of the board –most of them appointed by the regional Parliament- excused themselves stating that they were incapable of reading the financial reports. Apparently that did not prevent them from pocketing hundreds of thousands of Euros each just to attend the meetings of the board. Some of those meetings were held in –fancy- foreign cities, even though CAM did not have any activity there.
Same thing at the national level. The husband of the vice-President was appointed at Telefónica, whose current President was appointed by Aznar when it was State-controlled and the same company that still employs the son-in-law of the King, involved in a serious corruption scandal, and Mr Zaplana, an ex-minister and ex-regional President who was taped saying he was in politics to get rich quick. Not to be left behind, the Party Secretary General had her husband appointed at the board of Iberdrola, a utility heavily dependent on decisions by the Government (there was a previous attempt to appoint him at the company that runs the electrical grid, which is controlled by the State, but a huge uproar prevented it). Family comes first.
I could go on with this (I have not mentioned the Provinces, a completely useless administration where politicians hire friends and family), but you get the picture. They say this is a crisis of confidence. What kind of confidence can investors have in a country which such bunch of politicians? Politicians –right and left- have become our biggest liability. Every four years we are given the opportunity to vote which gang we want to be ruled by.
Citizens have proved so far an admirable endurance and responsibility. Many people are ready to share the burden, even if many did not profit from the go-go years. But what people cannot accept is the ongoing disrespect from politicians. Poll after poll, politicians are regarded as the second biggest concern of citizens, just behind economic hardship, ahead of terrorism!
Mr Rajoy you are now the boss of the ruling gang. SHAME ON YOU!
Can Spain produce TV sets?
So many TV stations. Spaniards will need TVs for every room and spaces to watch every football matches. TV sets are far more expensive than computers, as I found out from shop catalogs. They say new AMOLED TV sets may cost well $8,000. Multiply to Spanish population. How much Spain will need?
Not aimed specifically at you, but a number of people suggest Spain should leave the Euro.
I don't see how any of the problems you highlight would be solved by leaving the Euro.
On the contrary, being in the Euro forces Spain to tackle these issues, or muddle forever, since pasting over them by devaluating the currency (which makes everyone poorer) is no longer possible.
The Euro could be a great thing if we had the proper institutions to back it up. As it is now, and with mediocre politicans all around (not just in Spain) it is a whole mess.
In addition, I would like to add that the Euro has thrown gasoline for corruption in Spain. An endless flow of money was directed at the booming real state sector. That was easy money in a sector in the economy that is worldwide known (not only in Spain) as prone to corruption (Have you seen The Sopranos?), because the gains to be made can be huge with little effort, you just need the right connections.
So in a sense, it is not that Spaniards are better or worse than other people, as some Germans seem to like to think: we had all the elements for a sutnami thrown at us, and our politicians were happy to indulge in them. But corrupt politicians are not a unique feature of Spain: create the same environment in Germany and see what would happen.
Thanks for this comment. It is good to know that not all spaniards are blaming aliens for the consequences of spanish doings (and omissions).
Applause! Your post is one of the best things I ever read on TE. Entertaining, insightful... great :)) I wish it wasn't true, though.
I´m surprised that Spanish politicians are regarded in all polls
as the second biggest concern of the country while they definitely
should be regarded as the number one problem as they have originated
all disasters affecting today Spanish economy and politics.
However, Spanish politicians don´t come from the Moon, they are integral part of Spanish society and they emanate from this society.
In my opinion, the origin of all Spanish problems is in the
disastrous educational system, one of the worst in Europe.
The economical crisis will be over sooner or later, but unless
Spain undertakes very deep reforms of its educational system,
the corruption, ineficiency, laziness, lack of responsability,
will remain as the characteristic marks of Spanish politicians
and of Spanish society.
I think the educational reform is the extremely urgent matter,
as the moral standards of Spanis society deteriorate very quickly
and the results of educational reform take years to produce the
desired effects.
On a side note, the daughter of the indicted politician ReturnToSender mentions just gained extra kudoz for exclaiming "¡Que se jodan!" (F**k you!) while President Rajoy was detailing spending cuts affecting unemployed people. Such maturity, such brilliance (as shown by the fact that she was already a Senator at the tender age of 21)...
You know what you are talking about !!!
We need new parties like UPyD. Anything except the corrupt zombies (conservative PP and socialist PSOE)in place right now - without forgetting the regional governments!
Not only in the case of Spain but the eurozone as a whole, the pace of the crisis is much higher than the pace of anti-crisis decision-making and its implementation. Formal obstacles embedded in the European political system are severely crippling any attempt to enforce comprehensive structural reforms in due course. That is as big a problem as dissension between key members of the union.
Spain, like Greece and other ClubMed nations had to pay much more than 7% for most of the time.
Back then, this was not seen as 'unsustainable'. The one and only reason that this changed is: today, the taxpayers of other nations can be and are robbed (by their own political 'elite') to foot the bill for the ClubMed easy living.
In my view it is the core countries who are abusing the Euro to get their public debt financed at near zero interest rates at the cost of the peripheral countries. So you should soften your language and get some economics education before accusing other countries of "robbing".
Since I cannot engage here into a full explanation, suffice to say that the Euro is sinking us while for Germany it is a bless. Who is robbing who?
This is utter nonsense. The reason for this drama is actually quite different: the model of growth in Spain was based on something as volatile and unsustainable as a real estate bubble, created in good measure by speculative capital from the German export powerhouse (whose main clients were, in turn, those very "easy livers" from the ClubMed). Once the bubble bursted, as they eventually all do, Spain found itself without its main productive sector, millions of unemployed, and billionary debts financing real estate that actually was only worth a fraction of that debt. So the drop in tax income was coupled with the increase in social spending (unemployment subsidies) and of course with the tab of the real estate speculators, which all the citizens had to pick up, through bank bailouts and other ways of "socializing losses".
So please next time you fell like repeating tired stereotypes, inform yourself a bit, or even better, just keep it to yourself.
"had to pay much more than 7% for most of the time."
What does that make difference?
After all they are not going to repay simply because they won't be able to earn money. Look, it's subprime NINJA loans! Even it's 1,000%, never give them long term loans!
"had to pay much more than 7% for most of the time."
"What does that make difference?"
If you dont understand how an interest rate equals larger repayments then you have no use on an economic forum
"the model of growth in Spain was based on something as volatile and unsustainable as a real estate bubble"
Without doubt. I tell you what, F F O A: nobody
"created in good measure by speculative capital from the German export powerhouse"
In 2010, about a fifth of Spanish loans were by German banks. There are other big players like France and the UK who are, for apparent reasons, always left out in the blame game.
Anyway, this saga of predatory loans gets boring. I get every day a lot of mails and ads to take a loan for whatever - I just ignore them. It's my free decison, my own will. And if I would take a credit, it would be the same. You hopefully agree.
So it is the case with you Spaniards - nobody forced you to take loans. So stop blaming the ones who provided the loans, start to accept your very own responsibility as the 1st and foremost reason for the desaster.
Dear VerySeriousSam: You are partly right, but also partly wrong.
I did not take a loan. But do you know what? I was wrong for FIVE years. In 2003 it was obvious to me that the real state sector was unsustainable. But until 2008 the people who bought and sold made a fortune out of it. General inflation was higher than the interest rates charged by the banks (not to mention a 15% yearly increase in prices in real state). People said we were in a new economic paradigm: foreigners would want a house in Spain to retire -millions of them. You had to literally run to buy a home: they were sold out as soon as word spread that they were planning to build something. It was unbelivable. You should have been here to understand how it worked, see building cranes everywhere and people telling stories about prices going up and up -and hell, they did-. Our -economically ignorant- President at the time said that we were on course to pass France on GDP per capita, and as he famously put it "Spain is in the Champions League of the economic powers". That was the landscape in which people made choices.
So for five years, the wise thing to do was to get indebted AND sell. That is what millions did. Until the music stopped (FIVE years later, with foreign banks pouring money onto us all that time).
Eventually it collapsed. And you know what? I, who did not take a loan, am paying the bill like everybody else. So my question is: Was I smart in being prudent?
"You should have been here to understand how it worked"
I've been to Andalusia last autum, and I've seen what this bubble created. Countless horribly ugly ghost towns. A shame!
"Our -economically ignorant- President at the time"
Pardon me, but everybody who believes that the price for appartements build in huge numbers can only go up is utterly economically and mathematically ignorant.
"So my question is: Was I smart in being prudent?"
Yes of course. It is the same principle in every bubble. Since if you had invested in the bubble and not found the right point in time to cash in, you would be loaded with a worhtless flat, and a whole lot of debt which you are expected to pay back.
Since you were prudent, you are 'just' burdened with the austerity measures everybody (except the politial 'elite', I guess) feels.
May I share a personal experience with you here? We (The Netherlands) seem to have a housing bubble as well.
When needing a loan to buy my house, i was offered by banks almost 1 million euro. Which was around 10-11 times my income, with zero savings. Great perspective, isn't it?
Decided in the following rational: I do not know if I will have a good job, continously, the rest of my life. In Holland jobs are never for life. No union or state guarantees can offer me lifelong high wage. So calculated my loan as follows: I want to able to pay my mortgage if the worst happened: if I needed to live my whole life on state aid. No villa, no swimming pool, but good night sleep. After saving bought bigger and bigger houses. but always keeping in mind that my DEBT should be payable if the worst happened to me, if I were to live on a minimum level.
I don't think I was stupid.
I don't think you were stupid not taking huge debts. I think you were prudent.
You are contributing to the repayment by taxation, it's true. So am I, to the bailing out of ABN. I do not mind contributing.
But this is fundamentally different from having a personal debt of hundreads of thousands of euro's.
I never understood why intelligent people use the argument "everybody does it". The final responsability, for each and every person is at themselves. I can't ask "others" to pay my bills. As long as I (or you) are responsible for our own bills what "others' do or don't doesn't matter.
"So it is the case with you Spaniards - nobody forced you to take loans. So stop blaming the ones who provided the loans, start to accept your very own responsibility as the 1st and foremost reason for the desaster."
Tell that now to the real estate developers and speculators that hoarded most of those loans, and then took off with their profits, leaving the government to pick up the tab.
Nobody denies there is plenty of blame to share around about all this mess, but trying to explain it away with cheap clichés about "virtuous northerners" and "lazy", "spendthrift" southerners does no justice to this complex situation that clearly has a European and International scope within the overall financial crisis.
The present difficult Spanish situation and its causes rooted in bad politics and bad cultural habits show that we can only understand economy when seen from a wider perspetive, enlarging the anthropological stance. I fear that Europe believes naively that it is just an economic problem which could be solved with some concrete technical measures without going to the political and cultural roots of the problem. We need more than technical measures in Europe.
Spot on! These problems, and their solutions, always revert to a loss of core values. You need only refer to ReturnToSender's post about political (and personal) corruption.
As a Spaniard, I can only concur with your views. Economists tend to reduce the problem to just figures, productivity and competitiveness, but the truth is a deeply ingrained culture of family favors, tax evasion, lack of effort and short-term thinking. And we could trace its roots to Catholicism (and also the Arab influence), as well as to other factors such as climate and history (exploitative colonialism of America that fueled the idea of robbing instead of trading among the elites).
As a list of prejudices this post could no go farther, there was far more exploitation and robbing in Anglo-America ( where the Indians were either exterminated or confined to reservations) than in Hispano-America ( where millions of Indians survived and a mixed race was created, just compare the indigenous populations in Mexico or the Andean countries, where they are a considerable part of the current inhabitants, with the number of Indians in the US, where they are less than 0,9%), As for plundering, well, ask India, or Kenya or the maoris in New Zeland about the way the English robbed them. As for trading in the Spanish Empire, have you heard about the Galleons of Manila, those Spanish ships that for more than two centuries connected Asia, America and Europe? Regarding Catholicism and economic behavior, should we be reminded that Luther was rabidly anti-free market ( just read his Sermon on Usury) whilst in the XVI century the Catholic School of Salamanca was laying the theoretical foundations of capitalism? Apart from that, it has been demonstrated that most big financial crisis since the XVII century were originated in Protestant countries, from the Tulip Mania in the Netherlands to the current financial crisis originated in the City and Wall Street. And just a final question, was the LIBOR scandal initiated by Catholic bankers or by the very Protestant CiOs of Barclays and other Anglo-American mavericks?
Thank you for your reply, Complutense.
I fully accept the criticism on colonial (mal)practices. However, we must agree on the fact that timing is important, and I am sorry I did not mention it in my initial post (I really rushed it): while Spain's colonial heyday came before the industrial revolution, the UK's and other Western powers empires were expanded and greatly exploited after the industrial revolution took place. Therefore, as we all know, the metropolis used colonies as a very cheap source of raw materials and an excellent place in which to sell manufactured goods.
Spain, be it because of bad timing or lack of adaptation to the new circumstances -- or a combination of these and other factors --, never reached that point with its colonies: exploitation was done in a way that would not really trickle down to the overall Spanish society, but rather stay at the very top, benefiting a reduced merchant class, as well as the church and the nobility via hefty levies and taxes.
Regarding Catholicism, I concur with the fact that Luther himself was clearly anti-free market. However, many Protestants believed that idleness was the devil's playground and that work would decrease the size and scope of such devilish entertainment. Work became an end in itself, not simply a means to an end (as in Catholic countries). By extension, material wealth emerged as a symbol of rectitude and even piety.
This was even more stark in the case of Calvinism, which openly emphasizes the necessity for hard work as a component of a person's calling, while considering worldly success a visible sign or result (and not a cause) of personal salvation.
Even if the Catholic School of Salamanca made an interesting theoretical contribution to capitalism, were the results to be seen in Spain? The Spanish Catholic Church, as a major landowner, allied with the King and the Nobility and, following the dictum of Rome, consistently blocked Spain's attempts at modernization (think the failed liberalization and the partially failed disentailments of the 19th Century). Strong influence of Catholic principles and morality in society and the elites has been present to our day, even including a sadly long dictatorial, traditionalist regime that stayed in power for almost 40 years of the last Century "by God's grace."
I don't really have time to focus on other aspects I commented in my previous post, such as the Arab influence (and its consequences in social practices, remarkably in the Southern part of Spain, where its exposure was deeper and longer) or the climate (based on your English skills, I am pretty sure you live(d) outside of Spain and will understand my point: we are mostly blessed/cursed with incredibly sunny and warm weather all year round, and this has a lot of consequences on human behavior I sadly don't have time to discuss), but I'd like to conclude by pointing out that to initiate financial and economic crises, you first need the will (or call it "greed") to innovate the previous system. Do I consider it a good think? I don't think so: I would never approve of many current banking practices, neither in London nor in Madrid, and excessive greed only causes human suffering to those on the receiving end. However, if we are discussing capitalism and market dynamics and not morals, the fact that crisis originate in Protestant countries should only reinforce cultural theories.
A remarkably intelligent and balanced reply. I agreed with your initial assessments and am happy that you took the time to expand upon them.
All that is old news. As of today, we need to improve our behaviour by looking at the best practices of advanced countries.
However, you have correctly pointed out that the financial crisis (and the recent 30 years of financial speculation and greed) originated in the anglo-saxon financial elites of New York and London - ( Protestants of various stripes and the You-Know-Whos)
One wonders why the EC and ECB keep imposing solutions that are proven not to work economically, and are political suicide for the EU. One would hope the IMF stood by its science.
Seen from the outside - apart from bad politics, which is hard to fix - the key problem seems to be the regions which just spend too much and irresponsibly.
Banks were badly run unlikes those of....can't think of any single country where banks were run well in the past decade, really.
Canada. The Canadian banks were well run in the past decade.
And if this truth were said as often as the myriad lies that keep getting repeated, the world would be much better off right now.
I can think of one - Australia.
Thanks to NorbertR and LifeObserver. It's quite possible that banks in those countries were well-run. I may add that Scandinavian banks - after the disasters they have been through in the recent past - may be well run and supervised now.
We'll see about Italian banks - certainly they don't provide good service to consumers and companies.
Don't know about other nations banks but I do know about the Aussie ones and there's no "quite possible" about them. They were well run and still are. Yes they had some exposure to the sub-prime loans in the U.S.A. but it wasn't large enough to require taxpayer bailout. Business credit was hard to come by but that's passed.
In the end though it's not about the banks, it's about the citizenry. In a democracy we get the society that we want. If we didn't want it we wouldn't have it. The buck stops with us.
Somewhat true, but not entirely. One in particular was caught with significant exposure to the toxic assets that all but destroyed the American banks. It was able to weather the storm because its exposure was not crippling; merely excruciating, but nonetheless recoverable. During the panic phase of the crisis, Canadian banks were just as subject to the liquidity crunch as every other bank in the world. However, they recovered more quickly once it became clear that their balance sheets were sound. There has been much speculation as to why the Canadian banks came out so well. In no particular order, these include:
1. Canadian banks are more stringently regulated than their American counterparts. Higher capitalization requirements denied them the ability to add as much derivatives-based assets to their portfolios as they otherwise might have. In hindsight, this was the best thing that could have happened to them. However, during the build-up, a number of them complained bitterly about the greater freedom that American banks enjoyed in asset choice. These former complaints were quickly and conveniently forgotten in the bloody aftermath.
2. Canadian banks are an oligopoly. There are only five major banks that collectively control basically the whole Canadian banking market. Like all oligopolies, the relative lack of competition meant that they did not have to engage in excessively risky behaviour to generate large profits, so they naturally refrained from doing so.
3. The Canadian housing market was never as frothy as the American bubble, so, rather than bursting, it slowly deflated. As a result, Canadian mortgages never became toxic.
4. In any case, Canadian mortgage assets were never bundled and rebundled to the same level of opacity as American assets.
I repeat that these are speculative reasons of which Canadian newspapers and business journals have incessantly crowed to the skies these past two or three years. An act of hubris in my opinion. A number of very large institutions almost did fail because they were not regulated to the same extent as the banks. In particular, Canada's second largest public pension fund was heavily exposed and almost went under. Similarly for a large selection of insurance companies and other asset reinvestment institutions. Many Canadians feel that the banks simply got lucky.
they should increase the sales tax by a bit more, especially for non essentials.
Spain has a saving problem, and what better way to incentivize saving than taxing consumption. they should probably exempt food, water, and rent (if thats even included) from the sales tax increase to keep poor people happier.
In addition to this they should offer tourists rebates on ALL sales taxes they incurr while they stay in spain. They should lower capital gains taxes to near 0 for time deposits and other longer term investments to make it easier to recapitalize banks.
just some thoughts
No solution for Spain. Most productive regions are wanting to split, tired of supporting siesta minded unproductive regions for decades. and tired of having to pay the grandeur dreams of Madrid to becoming a sort of imperial capital. All measures taken will only result in big recession. Nobody in Madrid really understand what real economy is about.
That first part sounds eerily familiar to the rest of Europe doesn't it? ...
Which are the productive regions according to you? As far as I know, Madrid is the most productive, by far, and also has the most balanced budget. I reckon you don't understand what you are talking about..
the trend is that national governments will go bankrupt and lose the legitimacy to tax the population. The EU will change from an ascociation of nations, to an asscociation of hundreds of tiny regions with the legitimacy to rule.
I think I was rather talking about a more national level. Instead of regions, let's look at countries.
No way. Madrid is the biggest bubble. Bankia is burst. Tha big contructrion companies are all bankrupt, and it has more than 450.000 " beamten", half of them totally unproductive. This is an unsustainable situation nowadays.
It has more than 450.000 big construction companies? That's very impressive..
Bankia is burst, true. In part because it's the merger of 7 different cajas from every corner of the country. The main culprit being Bancaja (from Valencia) not CajaMadrid..
As I said, your statement is completely uninformed.. Madrid is BY FAR the most competitive and dynamic region in Spain.
Madrid city is bankrupt,Madrid comunidad(county) is almost balanced if you ignore the recent hole.
Sorry for using the german word for "funcionario" . I was not refering to construction companies but funcionarios. Telling that Caja Madrid is not the main culprit of Bankia disaster, along with Bancaja is an extremely optimistic approach. But we are used to Madrid officials and media manipulating information and data.
Everyone has a siesta minded region nearby. And Madrid is a kinder boss than Berlin.
Don't know where you come from, but that poor way of defining a country, talking about splitting regions because they are tired of unproductive regions (you don't know a shit most workers come from these you call "siesta regions"), siesta minded regions, grandeur dreams... Are you sick?
You don't know a shit about Spain. And, certainly, you have a small brain if you really back up all those stereotypes. Addressed to any country, obviously. And siesta, well, if you can't afford it (I don't), is highly recommended. It's about a 15-40 min. snap, no more.
I work in four languages, for many countries in and out the EU, from my poor southern east mediterranean spanish region (which exports 3 times as imports since the 17th century). I'm not rich, but I have a rich live, do you? I've lived in France, England and the US for 8 years. I've also lived in Madrid for 11 years. I have family in Barcelona and Bilbao. Shitty people you find everywhere, even in Spain, of course.
We suffer from retarded politicians everywhere as well as retarded people. It's a matter of numbers, statistic.
Sadly, being so smart, knowing so much about everything as we do nowadays, there we are, fighting against, while those "who understand what real economy is about" provide. Yes, you've got it.
When will Spanish society make Spanish politicians (of all parties) accountable for expending money irresponsibly in the "comunidades autonomas" and for manipulating the saving banks, all of that only to please their supporters and stay in power?
100% agree. This is precisely the issue here..
Spain unfortunately only has 2 large parties and both of them are corrupt, so we do not have a lot of options, unless we develop new parties which hopefully will be better.
The problem is also deeply cultural and is not going to go away quickly or easily.
"Spain unfortunately only has 2 large parties and both of them are corrupt" & "When will Spanish society make Spanish politicians (of all parties) accountable for expending money irresponsibly in the "comunidades autonomas" and for manipulating the saving banks" sounds like Germany ten years ago.
This issue has been introduced in the constitution last year. Where litigation is not possible.
Furthermore in autumn a law will be passed to hold accountable singular persons like ceo´s and cfo´s in the private sector.
The reason is this year´s 35bn euros loan backed by the central gov. to pay suppliers of comunidades and ayuntamientos, which the latter couldn´t afford to pay.
Hopefully it works, what a pity it is not retroactive.
Has the shine of the European World Cup Championship already left?
Less than a week and the bloom is off the rose.
On Monday morning, it is back to work.
A Champion should not be made to mop the floor a week after being crowned.
Dreams are preferred to hard reality.
Congratulations #1 Team Spain...I wish it could mean more.
All Glory is Fleeting...
Buy Spanish "jámon" (smoked ham). Help Spain and have a tasty experience!
Why not? The idea is a good one, especially if you take your ham with a glass or two of one of Spain's many excellent wines.
A small point however. Jamón ibérico is not smoked - it is cured in brine and then hung up to cure for a further period of months/years.
Spain has excellent cured ham, goat and sheep cheese, wine, olive oil and olives, but they do a poor job of marketing their products internationally.
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"Safety And Reliability Are Two Different Things"
"Safety And Reliability Are Two Different Things"
Shailesh Thakurdesai, general manager- Business Development, Texas Instruments, met up with Dilin Anand of EFY at the TI MCU Design Contest Awards Ceremony.
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Saturday, June 09, 2012
Texas Instruments, popularly known as TI, helps customers develop new ideas that change the way we live. By providing semiconductor technologies that promote greater power efficiency, enable more features, enhance performance and deliver more value, TI expands the possibilities every day for how we learn, connect, grow and discover. TI India operations include a huge R&D centre in Bengaluru, which is where the TI MCU Design Contest 2011-12 Award Ceremony took place.
Shailesh Thakurdesai, general manager- Business Development, Texas Instruments, met up with Dilin Anand of EFY at the TI MCU Design Contest Awards Ceremony.
EFY: What motivated TI to hold the MCU Design Contest?
The primary motive for TI to hold this event lies in the fact that we want to make sure that all design engineers are made aware of TI's increased focus in Embedded Space.
Until recently, we were known as a business that targeted only Product companies and firms. What we want them to know is that we also actively target design engineers and consumers with our products. The fact that TI has a robust portfolio of microcontrollers that are for all kinds of applications is something that all customers can take advantage of. TIs microcontrollers are ultra low power and highly efficient that can reduce time-to-market significantly.
This event also encouraged designers to start experimenting with our wide range of MCUs and get really innovative results. During this event, we were very happy to see around 1200 innovative entries from throughout India. During the ceremony, 12 of the finalists were present with innovative projects across markets like medical, consumer, industrial, energy, etc.
EFY: What differentiates your MCUs?
The 3 segments that we focus heavily on are medical, industrial, and automotive. Of course, an innovative designer can use our chips for any application successfully. Except for FPGAs, memories, and high voltage transistors, we have sell everything else.
EFY: What has been the most important MCU for TI?
All our microcontrollers are important to us. Having said that, the MSP430TM MCU is a flagship product that has given us a lot of success. Considering that, it's not a surprise that a lot of the entries in the design contest had been based on it.
The USP for the MSP430 is ultra-low power (TIs online doc shows that at 0.1 per cent active, an MSP430TM can last for 20+ years on a 200mAh coin cell). It is used as an ultra low power MCU in niche segments such as blood glucose meter, general metering, home automation, wireless smoke detectors, etc.
EFY: Which has been the most ground breaking MCU for TI?
We do have success with other architectures as well, but a majority of our success can be attributed to the MSP430TM. That's why we have also launched the low-cost Launchpad based on the MSP430TM which sells for US$ 4.30. It has all the debug capabilities and one can do all the prototyping on the Launchpad itself.
There is also the Value Line controller which has a lower footprint. In its case, the designer can use the TI software itself as our software is free for the limitations of the Value Line.
EFY: Could you tell us about an exciting new MCU that your R&D is working on?
In the last few months, we have come out with a new line of microcontrollers targeted for safety-critical products. The new line is known as Hercules. The unique value proposition for the Hercules line is complying with safety standards. A lot of people confuse the term safety with reliability but in reality these two terms are very different.
The safety controllers are essentially dual core ARM processors operating in lockstep. They feature either a dual ARM Cortex-R4 floating-point CPU or a dual core ARM Cortex-M3 CPU. As you might have noted, the main feature has to do with the dual core.
When these safety processors operate in lockstep, what actually happens is that one core executes the same instruction as that is executed in the other core but with a delay of one clock. Thus, if one core hangs up or malfunctions, the other core would be able to continue work seamlessly.
EFY: Aren't there similar solutions already available in the market?
The TI Hercules chip is different from other similar products in the sense that it allows you to have this feature on a single chip. Moreover, since both redundant cores are on a single chip we are able to run it in lockstep of just one clock. Finally, the memory, clock, and peripherals are also protected in this chip. The single chip implementation also helps to reduce power consumption in the system.
EFY: Where are your R&D centres located?
We have got multiple R&D centres around the globe across USA, India, Europe and China. Dallas, USA being the headquarters is the largest centre. We are proud to say the R&D centre here in Bengaluru is TIs second largest TI R&D centre in the world.
EFY: What does the Indian R&D centre work on?
All our products are designed as part of a global effort. However, the India R&D centre plays a very significant role in the design and development of TI products. There is hardly any TI product that is untouched by TI India.
EFY: Does TI consider India as a sales destination, or a marketing decision influencing destination?
India is a very important market for TI. We started investing in India by setting up a design centre in Bengaluru as early as 1985. Since the last 6 years, our sales have grown considerably and now we have Sales and Applications offices across Tier I and Tier II cities all over India. As part of our strategy to be as close to the customer as possible, we have 3 offices in Bengaluru itself. We also have Application Engineers in all our sales offices thus making them self-sufficient in giving technical support to the customers.
EFY: Do you handle manufacturing in-house? If not, who are your major solution providers?
We have our own fab for most technologies but if it makes sense to outsource it, then we do have solution providers for that.
EFY: What are the breakthroughs that have come out over the years?
Our history of innovation includes industry-leading advancements at the circuit design, process technology, software and systems levels. Over the past few years, we have been investing in research and development. We pursue innovation by funding and collaborating with universities and industry leaders, incubating breakthrough ideas in our Kilby Labs, executing competitive roadmaps within TIs business units and specialized labs, and developing world-class manufacturing technologies.
This approach allows us to develop, evaluate, refine and capitalize on the technology advancements that enable differentiated products to meet our customers' evolving needs.
Customers in diverse end-equipment sectors around the globe rely on TI's innovative semiconductor devices from catalog and custom analog products to wireless and embedded processing products, including digital signal processors (DSPs) and microcontrollers.
Specifically to microcontrollers, we recently launched the Wolverine line, which is an ultra low power line of MCUs. We also have the Hercules line that we talked about earlier. Another thing to note is the price point of our MCUs. We have been able to sell 16-bit MCUs at a 4 or 8 bit price point. Our MSP430s have starting selling price at 25 cents and 4.3$ for development tool.
EFY: Could you please elaborate on your hiring policies?
We have a specific programme for hiring engineers here at TI. It's called the NCG programme, which stands for New College Graduate. If you look at TIs worldwide priorities, the 4th priority is to invest heavily into getting freshers.
EFY: What about hiring for your sales side?
We also hire people for our sales operations through these programs. We need engineers at our sales offices too. So we hire for Technical Sales Associates, and Analog / Digital Application Associates.
Dilin Anand, EFYTIMES News Network
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