text:
Coffee Break: Workers' comp law interpreted for individual
A small change in Tennessee's workers' compensation insurance law that takes effect Dec. 31 will affect sole proprietors, particularly those working on residential property, according to the state Attorney General's Office.
An opinion issued by Atty. Gen. Robert Cooper to the state Department of Labor and Workforce Development says that "a sole proprietor who contracts directly with a homeowner" to perform work on the home "is not required to carry worker's compensation coverage on himself but must carry workers' compensation insurance for any subcontractor, employee, or worker who is not otherwise covered by a workers' compensation policy."
The change was passed by the state legislature in 2008 but with a delayed implementation date. Because the statute is "ambiguous," the opinion said, lawyers at the Attorney General's Office reviewed the legislative debate for its intent.
It said the law change was approved to ensure that all subcontractors and employees working on a construction site were properly covered because some employers were avoiding it by claiming their employees or subcontractors were sole proprietors. But the change was not intended to "overburden true sole proprietors who work directly for homeowners by requiring them to carry workers' compensation coverage on themselves."
The full opinion is online at tn.gov/attorneygeneral/op/2009/ op/op09-173.pdf.
Home sales climb slightly
Local home sales reached 1,220 in September -- a slight increase over 1,212 sales in August.
But the September sales were down 17.1 percent from September 2008, according to the latest report from the Memphis Area Association of Realtors.
House pricing strengthened for the second time this year with an average sales price of $137,679 -- a 6.1 percent rise from the average $129,805 in September 2008.
Through September, 11,314 homes have been sold, compared to 13,721 for the first nine months of 2008.
Total sales volume through September was $1.44 billion, compared to $1.9 billion for the same period last year.
"We are encouraged that September sales registered the second year-over-year pricing gain in as many months," said the association's Jon Albright.
Business-friendly state
Proving that the Volunteer State is all about TCB, Tennessee ranks in the top five nationally by Site Selection magazine for promoting a great climate for businesses.
This is the seventh time in a decade that Tennessee has been included in the top 10 and the state has been ranked among the top five states in five of the past seven years.
North Carolina topped the list, followed by Texas, Virginia and Ohio with South Carolina, Alabama, Georgia, Indiana and Kentucky coming in after Tennessee.
For the complete rankings, visit siteselection.com.
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Reload the page and try again.
Off-Campus Dining:
There is not many options around the school. Including healthy choices. There are some fast food which not everyone including myself cannot eat. There is no student discounts, the variety is going to a supermarket to buy some stuff.
Party Scene:
i dont attend to parties
the best college to be in a sports team
not that hard to understand
Off-Campus Housing:
It's cost a lot but we still have a place to live.
Great but we need more modern computers
Overall Experience:
No one is perfect; everyone had stuggle before.
It's well inform. Every time you ask for an opportunity to have a job the will get one for you. Programs are fine and exact.
Not a bad thing to say of this option. It's great.
Campus Housing:
It's a good thing to live in campus because you can get on time for everything involve with your studies
Off-Campus Dining:
Overall it's great. A lot of options to choose from, which is good.
It depends on the situation
It's great, the only thing is that when you are trying to find a spot may be difficult but overall is great
The wifi is BAD and, the computer labs are old and most of the computers aren't working as it should.
This University have enough parking spots for every student with car. You pay a parking permit for less than 20$ for the whole semester.
Since this is a small college, is easy for school security and administrative staff to keep things secure.
Off-Campus Dining:
This college on a important avenue in town, do you can find eating options nearby, but most of them are fast foods.
Most of the classrooms are in the same building, changing classrooms are not a problem if raining, but most of the classrooms do not have air conditioner, necessary in Puerto Rico's weather.
Campus Housing:
This college does not have campus housing, students can find apartments to rent nearby with good prices.
Overall Experience:
I got into this school after some years out of college and this one was pretty close to my -at the time- house in a rural town nearby. Is a small college but they are investing in infrastructure well enough.
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subset: commoncrawl


text:
Why Read This ReportThe continued economic viability of software development in India, whether by independent software vendors (ISVs) or "captive" business units, depends less on pure labor arbitrage and more on delivering time-to-market advantage for clients. The pressure of meeting business expectations demands that software firms harness creative capability wherever they can find it. Forrester surveyed 28 software firms and interviewed 11 organizations that excel at software innovation and assessed the most important process, organizational, cultural, geographical, and staffing practices that promote software innovation. This report highlights how software development in India is driving business technology (BT) innovation for firms with long-established legacy applications, shows the success factors that firms undertaking software development in the country are harnessing, and presents Forrester's software innovation maturity model, which software firms in India can use to refine their innovation strategy.
Tags: Application Outsourcing, Collaboration Platforms, Distribution Channels - ISVs/OEMs/VARs, Enterprise Collaboration, Innovation, Innovation Management, IT Organization, IT Services, IT Talent Management, Management & Organization, Offshore Services, Organizational Structure, Outsourcing, Recruitment
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- The State Of Software Innovation In India
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WHAT IT MEANSThe Most Successful Software Firms Excel At Disruptive Innovation
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text:
Harrisburg has 2 schools. Some of the best schools in Harrisburg are Banner County High School with a GreatSchools rating of 2/10, and Banner County Elementary School with a GreatSchools rating of 1/10. The average GreatSchools rating for Harrisburg public schools is 2/10, with an average student/teacher ratio of 6:1.
School data provided by National Center for Education Statistics, Maponics, and GreatSchools. Intended for reference only. GreatSchools Ratings compare a schools test performance to statewide results. To verify enrollment eligibility, contact the school or district directly.
Not enough data to determine market type. Consult a local REALTOR® for up-to-date market summaries.
Not enough data to determine market type. Consult a local REALTOR® for up-to-date market summaries
Trend data coming soon.
Trend data coming soon.
|For Sale: 2
|New: N/A
|Recently Sold: N/A
|Reduced: N/A
|Average Home Price
|Average Sold Price
|Property Records: 32
|Foreclosed: N/A
The average home price in Harrisburg is $217,500. The average home price per square foot in Harrisburg is $144 and about 0% of all homes in Harrisburg sold in the last 6 months. For Harrisburg home values, real estate prices, and city market trends, research the 32 property records or search our 0 recently sold or 2 homes for sale listings. The listings and properties in Harrisburg are only a part of the 588,888 properties and 8,909 homes for sale in Nebraska. Because of this, the average home price and average home value of Harrisburg also influence the average home price $201,319 and average sale price $163,247 of Nebraska. Listing counts, Harrisburg home prices and home values in Harrisburg are sourced daily from listing and property data on realtor.com®, which is the most up-to-date and accurate aggregation of real estate listings in the industry and includes approximately 800 regional MLSs and is the official website of the National Association of Realtors®.
|Median Age
|Median Household Income


text:
Press release from PR Newswire
Homex Reports First Quarter 2012 Results
Wednesday, May 02, 2012
Homex Reports First Quarter 2012 Results17:35 EDT Wednesday, May 02, 2012Total Revenue Grows 43.7 percent; EBITDA Margin 22.8 percent; Positive Free Cash Flow Ps.865 Million, Excluding Penitentiary Construction ProjectsCULIACAN, Mexico, May 2, 2012 /PRNewswire/ -- Desarrolladora Homex, S.A.B. de C.V. ("Homex" or "the Company") [NYSE: HXM, BMV: HOMEX] today announced financial results for the First Quarter ended on March 31, 2012. Pursuant to Article 78 of the General Provisions Applicable to Securities Issuers and Other Participants in the Securities Market (Disposiciones de Caracter General Aplicables a las Emisoras de Valores y a Otros Participantes del Mercado de Valores), beginning in 2012, the Company is adopting IFRS as issued by the International Accounting Standards Boards ("IASB"). Please refer to page 23 for a detailed description of the transition. Financial HighlightsTotal revenue for the first quarter of 2012 increased 43.7 percent to Ps. 5.9 billion (US$458 million) from Ps.4.1 billion (US$319 million) for the same period in 2011. During the quarter, the Company recognized Ps.2.2 billion (US$168 million) of revenues from its penitentiary construction projects with the federal government. Adjusted earnings before interest, taxes, depreciation and amortization (adjusted EBITDA) during the quarter was Ps.1,344 million (US$105 million), a 60.2 percent increase from the Ps.839 million (US$65 million) reported in the first quarter of 2011. Adjusted EBITDA margin increased 236 basis points to 22.8 percent in the first quarter of 2012 from 20.5 percent in the first quarter of 2011. Net income (adjusted for non-cash, foreign exchange (FX) effects) for the first quarter of 2012 was Ps.514.1 million (US$40 million) reflecting an 8.7 percent margin in the first quarter of 2012 compared to Ps.314.7 million (US$24 million) and a margin of 7.7 percent reported in the same period in 2011. This was principally due to lower general and administrative expenses.As of March 31, 2012 Homex' working capital cycle (WCC) was 640 days (excluding the penitentiary construction projects), an improvement of 24 days from 664 days as of March 31, 2011 mainly, as a result of a decrease of 27 days in inventory days for the period as a result of the Company's conservative land acquisition replacement strategy and the stability of its work in progress inventory. WCC decreased 6 days from 646 days as of December 31, 2011, mainly as a result of an increase of 20 days in accounts payable days for the period. As of March 31, 2012, Homex' free cash flow (FCF) generation (excluding the penitentiary construction projects) and adjusted for non-cash FX effects was positive at Ps.865 million (US$67 million). On a consolidated basis, including the penitentiary construction projects, Homex generated a negative free cash flow of Ps.893 million (US$69 million), primarily because these projects' construction in progress is required to be recognized as accounts receivable for accounting purposes. FINANCIAL AND OPERATING HIGHLIGHTS Thousands of pesos1Q'12 Thousands U.S dollars (Convenience Translation)1Q'12Thousands of pesos1Q'11% Chg.Volume (Homes)8,7388,73811,294-22.6%Revenues$458,228$5,887,728$4,098,42743.7%Housing revenues$285,412$3,667,236$4,045,684-9.4%Cost$328,340$4,218,814$2,938,50543.6% Capitalization of Comprehensive Financing Costs (CFC) $17,244$221,570$217,0292.1%Gross profit$129,888$1,668,914$1,159,92243.9%Gross profit adjusted for capitalization of CFC$147,132$1,890,484$1,376,95137.3%Operating income$78,824$1,012,796$553,40583.0%Operating income adjusted for capitalization of CFC$96,068$1,234,366$770,43460.2%Interest expense, net (a)$26,258$337,385$245,89037.2%Net income$68,023$874,017$336,897159.4%Net Income adjusted for FX$40,013$514,126$314,70963.4%Adjusted EBITDA (b)$104,602$1,344,018$838,76160.2%Gross margin28.3%28.3%28.3%Gross margin adjusted for capitalization of CFC32.1%32.1%33.6%Operating margin17.2%17.2%13.5%Operating margin adjusted for capitalization of CFC21.0%21.0%18.8%Adjusted EBITDA margin22.8%22.8%20.5%Earnings per share in Ps.2.290.98Earnings per share in Ps. adjusted for FX1.540.94Earnings per ADR presented in US$ (c)1.070.46Earnings per ADR presented in US$ adjusted for FX0.720.44Weighted avg. shares outstanding (MM)334.7334.7334.7Accounts receivable days (d)3532Inventory days716743Inventory (w/o land) daysAccounts payable days111111Working Capital Cycle (WCC) days (e)640664(a) Excluding interest expense from the penitentiary construction projects.(b) Adjusted EBITDA is not a financial measure computed under Mexican Financial Reporting Standards (MFRS). Adjusted EBITDA as derived from our MFRS financial information means net income, excluding (i) depreciation and amortization; (ii) net comprehensive financing costs ("CFC") (comprised of net interest expense (income), foreign exchange gain or loss, including CFC, capitalized to land balances, that is subsequently charged to cost of sales and (iii) income tax expense and employee statutory profit-sharing expense. See "Adjusted EBITDA" for a reconciliation of net income to Adjusted EBITDA for the first quarter of 2012 and 2011.(c) US$ values estimated using an exchange rate of Ps.12.8489 per US$1.00 as of March 31, 2012. Common share/ADR ratio: 6:1.(d) Accounts receivable not including receivables from the penitentiary construction projects.(e) WCC computation based on LTM COGS under IFRS and not including COGS and revenues from the penitentiary construction projects.Commenting on first quarter results, Gerardo de Nicolas, Chief Executive Officer of Homex, said: "Our first quarter 2012 results reflect a bright start to the year, particularly with respect to the strong contribution from our penitentiary construction projects. During the quarter, we recognized Ps.2.2 billion revenues from these projects, alone, which represented 33 percent of completion of the total projects, and we are confident that we will be in line to deliver the prisons to Mexico's federal government this year. At the same time, we had a strong start to the year at our housing division in Mexico in regard to working capital management. Once again, we are demonstrating that the different initiatives on which we have been working over the last years to improve our working capital cycle are starting to pay off, despite the fact that we continue to increase our participation in vertical construction which, as of 1Q12, represented 41 percent of total construction in progress. "On the other side of the coin, our first quarter results from our housing divisions reflect a bumpy start with respect to revenue growth. Our lower than expected results in Mexico were mainly driven by a temporary delay that we faced in relation to the housing registry system (RUV). Nonetheless, as the nature of this delay is administrative rather than operational, we believe that we will catch up in the following quarters as sales dynamics at our projects reflect a positive outlook. In Brazil, we continued to face seasonality of the housing business, which is driven by the administrative capacity of the different players in the mortgage and titling processes. But here, again, we believe that as we advance on the year we will deliver on our expectations and goals for the year in Brazil. "All in all, we feel well positioned to deliver on our 2012 guidance in both revenue growth and margins, as we continue to improve our profitability in both our housing operations and in our work for the Federal government." Detailed Financial ReportsThe Company produces a detailed earnings report that provides information regarding Operating and Financial results. This detailed information is considered part of this earnings announcement and is available in full with this earnings release via the Company's website at http://www.homex.com.mx/ri/index.htm through email distribution or the Company's filings with the SEC and the CNBV.FIRST QUARTER 2012 RESULTS CONFERENCE CALL NOTICEDATE:Thursday, May 3, 2012TIME:9:00 AM Central Time (Mexico City)10:00 AM Eastern Time (New York)HOSTS:Gerardo de Nicolas, Chief Executive OfficerCarlos Moctezuma, Vice President of Finance and Planning and Chief Financial OfficerVania Fueyo, Investor Relations OfficerDIAL-IN:International: 706-643-5124U.S.: 866- 887-3678Passcode: 72404934Please call 10 minutes prior to start time and request the Homex callInvestor firstname.lastname@example.com FueyoHead of Investor firstname.lastname@example.com SOURCE Desarrolladora Homex, S.A. de C.V.


text:
Pinocchio's Daring Journey
Toy Story Mania or
Buzz Lightyear ASTRO BLASTERS
Pinocchio's Daring Journey
Toy Story Mania or
Buzz Lightyear ASTRO BLASTERS
Soaring like an EAGLE !
Toy story Mania
Would you rather ride all attraction late at night in disneyland or Disney California Adventure?
Would you rather walk through haunted mansion or swim through splash mountain?
walk through haunted mansion ......
get wet on ........grizzly river run or splash mountain?
Soaring like an EAGLE !
Splash Mountain
World of Color or Fantasmic!?
Wow, that's really tough. I'll say Matterhorn Bobsleds, because Jungle Cruise is different at night, but not better, just different, where Matterhorn is fun because I love the blue lights in the caverns, and with the snowman, Matterhorn has a big adventure feel to it, and it's even better at night when it feels like you're adventuring through the mountain and you run into this snowman out of nowhere in the dark.
Columbia or Mark Twain Riverboat?
Captain EO
Would you rather kiss Belle or Sleeping Beauty?
Main Street Piano Player
It's Tough to Be a Bug or Muppets 4D?
Muppets 4D
Would you rather
ride winnie the pooh or snow white scary adventure?
Snow Whites Scary Adventure
Would you rather:
Bring back rocket rods or the people mover?
Howdy folks, please keep your hands, arms and legs inside the train and remain seated at all times. Now then, hang on to them hats and glasses cause this here's the Wildest Ride in the Wilderness!!!
Bring back the peoplemover.
Would you rather have Cinderella's or Aurora's autograph?
Disneyland Here I Come Again!
October 1, to October 6, 2015


text:
grouper in a sentence
Example sentences for grouper
Grouper, a new list-sharing service, taps into similar sources.
Several species, such as gag grouper, are particularly vulnerable during late winter when they form spawning aggregations.
Red grouper and jewfish, however have diets that differ dramatically from gag and graysby.
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text:
Wednesday, August 5, 2009
© Copyright 2015 Clayton News Daily
By Joel email@example.com Clayton County is investigating a female employee's claims of "inappropriate behavior" by Commission Chairman Eldrin Bell. On Tuesday, county officials responded to accusations which were made by the employee on Friday: "A complaint was filed, by a Clayton County employee, of inappropriate behavior on the part of the chairman," said Clayton County Chief of Staff and Fire Chief Alex Cohilas, on behalf of the Board of Commissioners, following Tuesday night's regularly scheduled business meeting. "An investigation was opened, consistent with policy regarding these matters, set in place years ago. The matter now resides in the hands of the county attorney, Michael Smith," Cohilas said. He would not say whether the incident involved touching, or words of an inappropriate nature, but characterized the incident as "a compliant of inappropriate behavior." "This arose Friday evening," Cohilas said. He did not release the name of the accuser, nor the department in which the woman works, apparently in order to protect her identity. Attorney Smith could not be reached, after the meeting on Tuesday, for comment. Friday's accusations are not the first time Chairman Bell has been accused of inappropriate conduct. On April 7, 2004, a few months prior to being elected BOC chairman, Bell was charged with a misdemeanor count of battery after Daphne Michelle Wynn, a waitress at the time, accused him of sucking her neck during a visit to The Feed Store Restaurant in College Park. Wynn, who did not know Bell other than having served him one other time at The Feed Store, said in her testimony that Bell "hugged me and pulled me toward him and sucked my neck. I pushed him away and said, 'Hey, don't do that!'" The case was later dismissed, according to Steve Frey, Bell's attorney in the case. Bell released this statement on Tuesday regarding Friday's accusations: "As this is a pending investigation, I am not at liberty to comment about the complaint until the investigation is completed. However, I am deeply saddened and disheartened by the complaint. As Chairman of the Clayton County Board of Commissioners, I have made it clear that inappropriate conduct of any nature will not be tolerated. For me, this is more than a managerial obligation, but is also a moral one. Employees should be able to come to work and know the environment will be comfortable and free of any inappropriate conduct of any kind. It is my hope that the public will see from the results of this investigation that my actual actions in this case have held true to what I believe." In another commission action, the BOC delayed selecting a person to assume the title of director of the Department of Community Development. However, the board chose to further scrutinize the two final candidates. "I don't think the board was ready to make a decision," Cohilas said, speaking on behalf of the board. "There are two great candidates to chose from. Clayton County will be a winner either way." According to Clayton County Public Relations Officer Jamie Carlington, the two finalists for the position are Kathleen D. Field, community development director for the City of Roswell, as well as a former director of planning for the Boston [Mass.] Housing Authority; and Frederick D. Gardiner, director of planning and development for the City of Griffin, as well as a former planning and zoning manager of the City of Villa Rica. The two emerged as top candidates from a list of more than 20 qualified applicants, Carlington said. Cohilas, who currently serves as interim director of the Department of Community Development, said whoever is chosen as the permanent director will oversee planing and zoning matters, long-term planning, business licensing, and building inspections for the county. "They'll be working with our economic development people and the BOC in carrying out the board's vision for the future of Clayton County," he said. "I suspect very strongly we'll have a decision in a couple of weeks."
More like this story
- County: Bell did not sexually harass employee ( September 10, 2009 )
- Cohilas to retire from county posts ( December 7, 2010 )
- BOC extends time for Jeff Turner probe ( February 3, 2010 )
- Power shift sidesteps BOC chairman ( January 9, 2009 )
- Turner's civil service board appeal denied ( January 14, 2010 )


text:
The Open-Source Drupal Environment Manager
DevShop streamlines the Drupal development workflow.
By leveraging Aegir, Git, & Features, DevShop standardizes the way Drupal sites get built, tested, & deployed.
DevShop simplifies managing a lot of projects, with many sites each.
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root@devshop:~# wget http://getdevshop.com/install root@devshop:~# bash install
See drupal.org/project/devshop for more information.
The Open-Source Drupal Environment Manager
©2015 THINKDROP consulting LLC


text:
Teenage Mutant Ninja Turtles
The Ultimate Collection, Volume 2
By Kevin Eastman; Peter Laird; Kevin Eastman (Illustrator)
(IDW Publishing, Hardcover, 9781613770887, 271pp.)
Publication Date: April 2012
List Price: $49.99*
* Individual store prices may vary.
Shop Local
Enter your zip code below to find indies closest to you.
The classic Teenage Mutant Ninja Turtles action continues in the second volume of IDW's Ultimate Collections In this outing, uncover issues #8-11, along with the Michaelangelo, Leonardo, and Donatello "micro-series" one-shots, presented in an oversized hardcover - you've never seen the TURTLES like this.
About the Author


text:
1871 $5 Five Dollar, Judd-1170, Pollock-1312, High R.7, PR65 Brown NGC....
2009 January Orlando, FL FUN Auction #1121
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Orange County Convention Center
Desirable 1871 Copper Half Eagle1871 $5 Five Dollar, Judd-1170, Pollock-1312, High R.7, PR65 Brown NGC.
Judd-1170, PR65 Brown
Judd-1170, PR65 Brown
Design. The regular dies for the 1871 Liberty half eagle. Struck in copper with a reeded edge.
Commentary. Like its copper quarter eagle counterpart in copper also in the present sale (Judd-1164), this piece has all the earmarks of a fantasy strike rather than a true die trial. This piece has been off of the market since its last appearance in the October 1977 Steve Ivy public auction. It was deemed important enough by the cataloger of that sale to be afforded a color plate. Indeed it is important and rarely offered for sale.
Physical Description. A delicate copper proof with attractive violet and blue toning over faded red mint color. The devices are boldly detailed, and the overall eye appeal is exceptional.
Census. Probably just four or five examples of Judd-1170 survive:
1. Stanley Kesselman (8/1971); Harry W. Bass, Jr. (Bowers and Merena, 5/1999), lot 1355. PR65 Red and Brown PCGS.
2. Steve Ivy (10/1977), lot 1038; NASCA (6/1978), lot 4634; Queller Collection. The present specimen.
3. Stack's (2/1977), lot 1142; Queller Collection. Proof.
4. Steve Ivy (12/1976), lot 1168. Gilt proof.
Other Appearances. In addition to those above, Pollock cites these, which may be duplicated above:
A. Pine Tree (3/1974), lot 434; Paramount (4/1977), lot 177.
B. King Farouk; Palace Collections of Egypt (Sotheby's, 2/1954), lot 1862.
C. Manfra, Tordella and Brooks (1974); T.R. Walsh.
From The Lemus Collection, Queller Family Collection Part Two. (PCGS# 61433)
View all of [The Lemus Collection, Queller Family Collection Part Two]
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text:
Retd woman IAS officer, others get 3 years SI
Bangalore: A retired woman IAS officer and three others have been sentenced to three years simple imprisonment by a CBI special court here Wednesday today for irregularisation in purchase of blood bags by Karnataka anti-AIDS body.
The court also slapped a fine of Rs 1.40 lakh on them.
T Mukthamba, the then Project Director of Karnataka State AIDS Prevention Society (KSAPS), G M Renukaiah, the then Technical Assistant, KSAPS, Bharat B Ostwal, propreitor of Rahul Pharma and Jeetendra Kumar M Ostwal, Proprietor of Life Associates, Hubliwas were convicted yesterday.
A CBI release said investigation revealed that National Aids Control Organisation had sanctioned a grant for purchase of consumable items for 17 additional blood banks at Rs 1.25 lakh per blood bank.
The KSAPS Deputy Director (Blood Safety) had sought the Project Director`s permission to utilise Rs 10 lakh from the fund towards purchasing 17,000 350 ml blood bags, costing about Rs 62 each and for another Rs 10 lakh for purchase of HCV Elisa test kits and HCV Tridots.
The Deputy Director deliberately retained Rs 10 lakh to avoid inviting national competitive bidding and to facilitate National Shopping Process in which quotation from any three suppliers is required.
The note of Deputy Director was allegedly approved by the then Project Director T Mukthamba the same day. Accordingly, quotations were called and supply order was given to Rahul Pharma for supply of blood bags at the rate.
The act of the four persons had caused a wrongful loss of Rs 11,05,320, the release said.
CBI had filed a chargesheet after completing investigation against them under various sections of the IPC and Prevention of Corruption Act, 1988. The Deputy Director died during the course of trial.
The trial court found all of them guilty and convicted them, the release said.
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text:
Hi mamas, I'm due in June and totally stressing out about finding a day care for our son for when I go back to work in the fall. My workplace will allow me to take a few extra months' unpaid, but I still feel like I'm jumping into the search late and I'm also just in total sticker shock over the cost of some of these places! We are on the UWS but I work in midtown so I can also look at places that are on my commute. Any advice or recommendations? Thanks!
Day cares?
Baby Steps - my blog
Comments (6)
Good luck!
Haha, hi eviltwin13, I came here looking for the same thing.
I just got an unofficial quote for Bright Horizons and it was ridiculous. I would love something close to the job (Wall St.) but that is looking sad...
I'm going through the same issue now. My MIL watches my almost one year old but lately she's been so "busy" she changes the days she can watch her. I can't keep changing my schedule at work; they're already super accomodating.
Any one know of any places in the Prospect Lefferts Garden (Brooklyn) area that is good? I'm willing to put her in a daycare anywhere between there on my way to work in Times Square.
Mom to Bri, wife to D ! :-D
(oYo) Silver Boobies and Proud!!!!
3/17/2012 The best day of my life!
Hi! I'm here looking for the same thing too! I have 2 in mind but SO just tore one apart with some questionable grammer on their webpage. Guess that's not a very good sign. We aren't looking to enroll until Dec'13 but I've heard that if there's one thing you do in the 1st trimester it's to enroll in dc in Manhattan. Welp... now I'm in my 2T and just now getting around to it so we'll see how fun this process will be.
Anyone know of any good ones along the F line from Essex to Herald Square? I'm willing to travel downtown as well.
I live in Brooklyn and just started my search. Due August and will need a daycare by December. HELP!! If anyone knows of places. thanks.
Me (29) DH (30) TTC #1 since November 2012 EDD 8/31/13


text:
join the Invisible Children Fourth Estate Leadership Summit via livestream
- When
- August 8, 2013
On August 8-11, Invisible Children will make history yet again at The Fourth Estate Leadership Summit where Kristen Bell, Sophia Bush, Rachel Bilson, Adam Braun, Elizabeth Gore, Dan Pallotta, and more will take the stage before a live audience and via livestream at http://invisiblechildren.com/live. Touted by the group as 1/3 conference, 1/3 film festival and 1/3 concert, the summit will have a score of presentations by thought-leaders in the arenas of social good, non-profits, world affairs, and activism, as well as hands-on workshops, interactive opportunities, live music and more.
The Fourth Estate seeks to empower attendees with the ideas, skills, and experience they need to make a difference in their own communities and world, building the largest ever global human rights network.
Please join us via the livestream - We look forward to a powerful weekend spent shaping the future of human rights and we hope that you will join us.


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Improved bacteria for pollution control.
Project Acronym: BACSIN
Title of project: Bacterial abiotic cellular stress and survival improvement network
Research area: Improved microbes for the environment - microbial gene expression under condition of stress
Contract No: 211684
EU Contribution: 5 530 090 EURO
Start date: 01-06-2008
Duration: 48 Months
This project aims to improve the effectiveness of bacteria used in the treatment and prevention of environmental pollution. At present such environmental applications are hindered by a lack of knowledge concerning the effects of stresses on cellular activity and in particular abiotic stresses that occur on site where they are used or where natural populations utilise pollutants. Such stresses may include desiccation or nutrient starvation as well as problems resulting from pollutants themselves, such as toxicity. Where microbial cultures are produced to treat specific pollutants problems may also arise during strain preparation and formulation. This project will investigate several inter-related areas of research and technology aiming to overcome such problems and result in improved microbial performance. The first area of investigation covers genome-wide catabolic and stress expression in a set of various pollutant degrading bacteria (the BACSINs) aiming to identify key cellular factors and regulatory networks that determine the interrelationships between stress-survival and pollutant catabolism. The second area of investigations covers stress- resistance, survival and activity of BACSINs in natural polluted environments. These studies include investigation of possible effects of added bacteria on native communities. The third area is the study of original microbial communities at contaminated sites. Lastly, the project focuses on BACSIN formulations in order to produce optimally active cell cultures for environmental applications.
Expected Impact
The commercial use of bacteria to degrade harmful complex toxic molecules, bioremediation, is widely practiced in treatment of oil spills, abandoned chemical works, contaminated land and many other similar problems. Results of such treatments are variable reflecting the interaction between the bacteria used and the chemicals in the particular environment. By focusing on such interactions this project should have a significant effect in improving the understanding of the factors involved, as well as detailing the underlying biochemistry, bacterial metabolism, regulation and growth characteristics. The further development of the results concerning specific organisms targeted at specific pollutants by the industrial partners should have an impact on the overall range of options available for bioremediation.
Expected Results
The project is expected to generate a knowledge base of bacterial gene expression and related physiological activity with particular relevance to biodegradation of pollutants under stress conditions. This should allow rational and predictable application of bacteria in cleaning polluted environments. It will identify the effect of environmental boundary conditions on behaviour of both individual bacterial cells and of populations within in situ mixed microbial communities to permit rational optimization of processes. Bacterial formulations should be developed from low value waste materials to enable large-scale environmental inoculation procedures to be adopted and to demonstrate the directed application of such formulations to achieve targeted removal, treatment and prevention of recurring and notoriously difficult pollutants. Information accumulated in reaching these objectives will include general methods development and standardization and detailed knowledge of genetic behaviour in response to environmental stresses with particular relevance to catabolic networks linked to traits governing environmental survival and adaptation. This will include results from studies on environmental behaviour of pure BACSINs with particular relevance to catabolic activity, as well as details of BACSIN survival and activity in the phytosphere, as well as suggesting methods for rational control of native communities or consortia. Molecular diagnostics for natural catabolic, stress and survival functions will be produced and models will be made available for interpretative and predictive simulation of catabolic activity under environmental stress.
Website of project:www.unil.ch/bacsin
Coordinator: Jan Roelof Van Der Meer, email@example.com
Organisation Universite de Lausanne, Switzerland, www.unil.ch
Bio-Iliberis Research and Development, Spain, http://www.bioiliberis.com/
Agencia Estatal Consejo Superior de Investigaciones Cientificas, Spain, http://www.cnb.uam.es/
Earth Tech Cz Sro, Czech Republic, http://www.aecom.cz/english/default_en.htm
Goeteborgs Universitet, Sweden, http://www.gu.se/
Helmholtz-Zentrum fuer Infektionsforschung Gmbh, Germany, http://www.helmholtz-hzi.de/en/
Katholieke Universiteit Leuven, Belgium, http://www.kuleuven.be/english/
Koninklijke Nederlandse Akademie Van Wetenschappen , Netherlands, http://www.knaw.nl/
Sveriges Lantbruksuniversitet, Sweden, http://www.slu.se/
Technische Universitaet Carolo-Wilhelmina Zu Braunschweig , Germany, http://www.tu-braunschweig.de/
Helmholtz-Zentrum Fuer Umweltforschung Gmbh , Germany, http://www.ufz.de/
Netherlands Institute of Ecology, Netherlands, http://www.nioo.knaw.nl/
Wageningen Universiteit , Netherlands, http://www.wur.nl/uk/
EU Joint Research Centre , Italy, http://ec.europa.eu/dgs/jrc/index.cfm
Belair Biotech Ltd, Switzerland, http://www.belairbiotech.ch/
Ecoengineering, Hungary, http://www.ekoing.hr/


text:
Area counties saw a slight dip in unemployment rates in August.
The rates, released today by the state, show a decrease in unemployment when compared to July's skyrocketing rates, though the numbers are still higher than June's rates.
Read more about the rates and what they mean to you in Wednesday's Register.


text:
The Message audio Bible is now available on Bible Gateway! Click to learn more.
David Seabury once said, "Enthusiasm is the best protection in any situation and wholeheartedness is contagious...
View the entire commentary
Paul concludes his appeal by pointing to the benefits the Corinthians will reap as a result of generous giving...
View the entire commentary
More information on Commentaries


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Blackcurrant Pudding
|1 Pound (450 Gram, Fresh Or Frozen)
|4 Ounce (100 Gram)
|Caster sugar
|6 Ounce (175 Gram)
|Self-raising flour
|6 Ounce (175 Gram)
|Baking powder
|1 Teaspoon
1. Do not defrost frozen fruit; top and tail fresh blackcurrants, rinse and drain them and set aside.
2. In a mixing bowl, cream the butter or margarine with the sugar until very soft and pale, then gradually beat in the eggs and add to it.
3. Sift the flour and baking powder together, and then using a metal spoon, gently fold into the pudding mixture.
4. Pour about one-third of the blackcurrants in the base of a deep buttered 6-inch soufflé dish.
5. Fold the remaining fruit into the pudding mixture and spoon this over the currants in the dish.
6. Spread the mixture evenly and wrap the whole dish in plenty of foil, making sure that it is sharply folded to seal all the edges and prevent any steam from entering and making the pudding soggy during cooking.
7. Place the steaming rack in the wok and pour in enough water to come up to the top of it.
8. Stand the dish on the rack and bring the water to the boil.
9. Put the lid on the wok and boil steadily for about 2 hours.
10. Check to make sure that the liquid does not boil dry during the cooking time and top it up with more boiling water if necessary.
11. To serve, lift the dish from the wok and remove the foil and then turn the pudding out on to a heated serving dish.
12. Sprinkle with a little caster sugar before serving.


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Angel lists
List of Things I looked Up As A "Cliche RPG Monster"25
I finally completed the quest!!!! And I'm tired of looking up monster types... so i made this list of things that AREN'T cliche RPG monsters for others.
RPG monsters2
a list of random and unrelated stuff0
The SMT Demonic Compendium -- GB Edition2
As always, this list is a work-in-progress until every demon and persona is included. Tread with caution! Criteria for inclusion: If it can be fused or added to a compendium in a Shin Megami Tensei game, it should be a part of this list! Yes, that in...
Most Favorite Concepts!1
These are my fave concepts on Giant Bomb. Some of these are why I'm a gamer as well ;)
Survivalist team,Species,Monsters,and mutants5
a list of Things that are for comics,video games,and Anime for all the scary things out there.Also the beings with powers where they are good or evil.Also Survivalist team in case of Apocalypses:Psychopaths,Vampires,Werewolves,Zombies,etc.
Foundations of Fantasy0
These are elements used to make great Fantasy games.
Every Sentient Species in Video Games3
So yeah, I'm following through on a threat I made to make a big ol' list of all the fictional races from video games. I'm currently drawing the line at animals and other mindless creatures, since there's a hell of a lot of monsters in the wiki too, b...
Favorite Concepts0
With a name like Gigapig, that should be obvious.
Summonable Monsters of Master of Magic0
I've been doing something of a loose analysis of Simtex's fantasy Civ classic recently, what with a whole "A Brief Jaunt Through" feature of late. So I'd figure I'd put together a list of everything you can summon and why you would want to. It's alwa...
....random favorites....0
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The New Frontline of Infectious Disease...
The Best Conceptual Framework for Improving...
How, and Where, Robots Have Replaced...
Microfluidics Is On a Roll and...
Amgen and Cytokinetics said today they will expand a seven-year-old collaboration by extending to Japan their license agreement for omecamtiv mecarbil, a heart failure treatment now in clinical trials, and related compounds, in a deal that could net Cytokinetics up to $75 million-plus.
Amgen has a license to develop the Cytokinetics-discovered omecamtiv mecarbil, a small molecule, direct activator of cardiac myosin under evaluation in both intravenous and oral formulations. Under their amended collaboration agreement, Cytokinetics plans to conduct a Phase I pharmacokinetic study, costs of which will be reimbursed by Amgen. The Phase I study is intended to support inclusion of Japanese patients in a potential Phase III clinical development program for omecamtiv mecarbil.
In return for the expansion, Amgen will pay Cytokinetics $25 million up-front cash—a nonrefundable $15 million license fee and $10 million toward the purchase of Cytokinetics' common stock—plus up to $50 million in payments tied to undisclosed precommercialization milestones for omecamtiv mecarbil in Japan, as well as royalties on sales of the drug candidate in Japan.
Amgen agreed to buy Cytokinetics stock at a price per share equal to the 10-day trailing average of the closing price of Cytokinetics' stock on the last trading day prior to execution of the stock purchase agreement.
"Our decision to amend the agreement at this time is based on our confidence in the progress of our collaborative development program for omecamtiv mecarbil and on Amgen's recent commitment to expand its business activities in Japan," Robert I. Blum, Cytokinetics' president and CEO, said in a statement.
Amgen agreed to shell out up to $675 million-plus for its original heart failure collaboration with Cytokinetics covering the rest of the world—a $42 million up-front "license and technology access fee," $33 million toward purchase of Cytokinetics shares, and up to $600 million in payments tied to precommercialization and commercialization milestones.
The original deal also gave Amgen an option to continue the collaboration by paying Cytokinetics an additional, nonrefundable $50 million—an option Amgen exercised in 2009, in return for assuming responsibility for development and commercialization of omecamtiv mecarbil (then named CK-1827452) and related compounds, at its expense.
Amgen's expansion of its collaboration with Cytokinetics to Japan is the fourth initiative announced this year, and the third in five weeks, by the biotech giant toward shoring up its presence in Japan and the rest of Asia. Most recently on May 29, Amgen said it will co-develop and co-commercialize five of its pipeline medicines—three of them now in Phase III development—with Astellas Pharma in Japan, in the first project of a strategic alliance designed to address unmet medical needs of Japanese patients.
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|From just outside this hotel, the A4 can take you straight up to the Earl's Court Exhibition Centre, or Central London. It's also handy for the tube and for the shops of Hammersmith and the attractive riverside pubs and Thames Path. Inside, there is everything you would expect from a Novotel, with welcoming staff, good-sized rooms and a top quality breakfast buffet. It also offers a Garden Brasserie, gym, sauna and steam room.
Map for Novotel London West
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To book the Novotel London West by phone, call the telephone booking department on 020 7437 4370. The hotel reservations call centre is open seven days a week from 8am until 11pm (UK time) seven days a week. From America call 020 7437 4370, you can also call for free in America by dialing Freefone / Toll free on 1-800-986-9403..
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Reach tens of thousands of people instantly by advertising with Ekklesia. Find out more
Church leaders who have encouraged mistreatment of lesbian, gay, bisexual and transgender people (LGBT) have defended their behaviour, after the archbishops of Canterbury and York reminded fellow-Anglicans of a pledge to offer pastoral care and support regardless of sexual orientation. Church of England senior clergy Justin Welby and John Sentamu wrote after harsh new laws were passed in Uganda and Nigeria.
Uganda's President Museveni must veto the Anti-Homosexuality Bill, which was passed in a surprise vote on 20 December, say secular and religious critics.
The Ugandan Parliament is set to pass a brutal law that could carry the death penalty for homosexuality, and campaigners are lobbying hard against it.
Following the re-introduction in Uganda of a bill that would harshly punish homosexuality, human rights activists, including some church leaders, are opposing it.
African churches must urge governments to do more to stop the spread of HIV/AIDS, says the continent's first religious leader to declare publicly his HIV+ status.
A bishop from Uganda, presently in Edinburgh, is set to challenge the 'sexual apartheid' of discrimination and oppression against LGBT people.
Bishop Christopher Senjonyo from Uganda, a courageous advocate of the rights and dignity of LGBT people in Africa, is speaking at three events in the 2011 Edinburgh Festival of Spirituality and Peace this weekend.
This evening (12 August) at 17:45 there is a showing of the powerful film 'Getting Out', followed by Q&A with Bishop Christopher Senjonyo from Uganda, a courageous supporter of the rights and dignity of LGBT people, at the Filmhouse Cinema in Edinburgh.


text:
so nice12/25/2011 8:41am
I Love this music.
Product Information
The Ludlows from Legends of the Fall - Digital Sheet Music
from Legends of the Fall
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The Ludlows digital sheet music. Contains printable sheet music plus an interactive, downloadable digital sheet music file.
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The Arrangement Details Tab gives you detailed information about this particular arrangement of The Ludlows - not necessarily the song.
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The Song Details Tab gives you detailed information about this song, The Ludlows.
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so nice12/25/2011 8:41am
I Love this music.
Beautiful song, beautiful arrangement...12/24/2012 12:13pm
I absolutely love this song, and this arrangement is wonderful! It was the perfect difficulty for me, as an intermediate/advanced level player.
The Ludlows1/30/2012 10:26am
This was an amazing arrangement of a very beautiful song. I currently do not play piano/organ, but I would love to learn just so I can play this song. I purchased this piece to use as the song my Mother will enter to for my wedding this spring.


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She was one of the most dominant, and divisive, figures of the 20th century. Margaret Thatcher has died at the age of 87.
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pdf.io >> Free >> Economist\'s View: James Galbraith: Clueless in China.pdf
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Abstract: economists: Clueless in China, by James K Galbraith, Commentary, The Guardian. Speaking as I rarely feel entitled to do, on behalf of all my fellow. professional economists, I felt true, true sympathy last week for Ben. Bernanke, as he trailed after Henry Paulson in China. ...
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Economist's View: James Galbraith: Clueless in China
Economist's View
« Avoiding Bad Bets and Eliminating Bad Apples | Main | Fed Watch: Where's
That Recession? »
December 18, 2006
James Galbraith: Clueless in China
James Galbraith expresses sympathy for Ben Bernanke on behalf of all
Clueless in China, by James K Galbraith, Commentary, The Guardian:
Speaking as I rarely feel entitled to do, on behalf of all my fellow
professional economists, I felt true, true sympathy last week for Ben
Bernanke, as he trailed after Henry Paulson in China.
Paulson's China policy is easily understood. In the United States
government the Treasury represents the interests of Wall Street, as Joe
Stiglitz has written eloquently... An alumnus of Goldman Sachs, Secretary
Paulson is ideally suited to his job.
And what Wall Street wants from China is what Wall Street always wants:
the freedom to speculate (excuse me, invest) in currency, corporate
stocks and bonds, and real estate. Wall Street loves risk, uncertainty and
volatility. The Chinese don't. This is a conflict. It is not in any sense a
complicated question.
Paulson made a power play, based on a threat: open up or we'll shoot ...
based on a bluff. Since the bluff was transparent, the Chinese called it.
And when they did, the US side folded. The Chinese then completed the
hand by giving back a few symbolic concessions, so that Paulson's team
would not have to admit ... that the trip had accomplished nothing at
Bernanke is an economist..., he is at heart an academic. In other words,
he has standards, and a certain amount of professional dignity to
And last week he had the sorry job of putting economic lipstick on
Paulson's pig. More than that: Bernanke had to argue that it was in
China's economic interests to go along with Paulson's plan. Worst of all,
http://economistsview.typepad.com/economistsview/2006/12/galbraith_cluel.html (1 of 62)1/16/2007 2:40:37 PM
Economist's View: James Galbraith: Clueless in China
he had to talk past the Chinese officials, who somehow seemed to feel
that they have a better understanding of their own interests. It must
have been dreadfully embarrassing.
Bernanke gave it a good college try, with an impressively wonkish
speech... On no evidence at all, he argued that a higher RMB would help
China maintain its economic growth. The trouble with this that current
policy has given China world-beating economic growth for three decades.
Bernanke knows this (and said so), so he couldn't press this argument very
Next, having credited Chinese growth partly to its high savings, Bernanke
made his second argument: China should now bring its savings rate down.
This he said should be achieved by improving China's social safety net, so
that Chinese families would feel less need to squirrel away funds to cover
health care and old age. Apart from the direct benefits, Bernanke argued
that this would reduce China's trade surplus by increasing Chinese
household consumption.
Finally, as the US delegation left town, Paulson rather gratuitously
promised to try to increase private savings rates in the United States,
which Paulson wants to do, of course, by cutting Social Security and
So here's the Bernanke-Paulson position in brief summary:
1) China's currency strategy has helped produce rapid growth for 30
years; therefore it should be abandoned.
2) China's high savings rates have been a key to this success; therefore
they should be reduced.
3) China, a country emerging from communism, should spend more on
public health and social security, so that ordinary Chinese can save less.
(This is actually a good point, as far as it goes.)
4) The United States, a capitalist country, should spend less on social
security and public health, so that ordinary Americans will be forced to
save more.
5) Somehow, all this will reduce the deficit in the US-China balance of
trade, a goal whose importance everyone agrees on but that no one can
actually explain.
http://economistsview.typepad.com/economistsview/2006/12/galbraith_cluel.html (2 of 62)1/16/2007 2:40:37 PM
Economist's View: James Galbraith: Clueless in China
Adam Smith wrote it; I only quote it:
Such as they were, however, those arguments convinced
the people to whom they were addressed. They were
addressed by merchants to parliaments and to the councils
of princes, to nobles and to country gentlemen, by those
who were supposed to understand trade to those who were
conscious to themselves that they knew nothing about the
matter ... Those arguments therefore produced the wished-
for effect ... The attention of government was turned from
guarding against the exportation of gold and silver to watch
over the balance of trade... From one fruitless care it was
turned away to another care much more intricate, much
more embarrassing, and just equally fruitless.
I've been thinking about the proper role of the Fed chair in this situation, i.e.
the extent to which Bernanke should speak out on matters such as this. I don't
have the answer (your thoughts?). The Fed chair is partly a political
appointment that brings the Executive branch's interests to Fed policy table, but
the Fed has a larger responsibility to protect the overall public interest, not the
interests of any particular sector (as the Fed has argued many times when
speaking out against targeting asset-price bubbles).
On that basis one thing is clear, the Fed chair should not take public positions
that undermine the credibility of the Fed as protector of the larger public
interest rather than the interests of Wall Street of any other group. I think there
is already some belief that the Fed has moved in this direction with its adoption
of inflation targeting (which some view as holding down wages to benefit
business), and other actions haven't helped to insulate the Fed from criticism for
taking political positions, e.g. Greenspan's remarks on taxes and deficits.
I think Bernanke's position can be justified on an economic basis, i.e. there is
theoretical support for the position that the policies he advocates for China will
raise economic well-being generally. And though the speech wasn't directed at
the implications for U.S. monetary policy, there is a connection to U.S.
monetary policy and it did give advice on China's monetary policy, so in that
sense it is within the Fed's purview.
But as the Galbraith commentary above makes clear, I'm not sure it passes the
political test of not appearing to represent a narrower set of interests. Given
the importance of Fed credibility, from my perspective an abundance of caution
is in order when the Fed chair speaks, and I would prefer that the Fed limit
http://economistsview.typepad.com/economistsview/2006/12/galbraith_cluel.html (3 of 62)1/16/2007 2:40:37 PM
Economist's View: James Galbraith: Clueless in China
itself to comments that relate directly to the conduct of U.S. monetary policy.
Posted by Mark Thoma on December 18, 2006 at 12:06 PM in Economics, Monetary Policy,
Politics | Permalink | Comments (87)
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Listed below are links to weblogs that reference James Galbraith: Clueless in
» The Galbraith Style, Alive And Well from Ezra Klein
The Bush administration's China position, by way of Jamie Galbraith: [Read
Tracked on Dec 18, 2006 3:12:21 PM
» Clueless in China from Marginal Revolution
Mark Thoma pegs the China trip of Paulson and Bernanke. I'm all for sending high
level delegations to important countries, but I believe our "marketing" of this
one has come off to the Chinese as a bizarre mix of pathetic begging and
arrogant condesce... [Read More]
Tracked on Dec 18, 2006 11:51:42 PM
A remarkable post and commentary.
Posted by: anne | Dec 18, 2006 12:27:54 PM
are you saying the forex is not a fed matter but a treasury matter ??
i know jamie is saying that
but are u too???
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Economist's View: James Galbraith: Clueless in China
jamie has no use for deval dollaring
he quotes his father
to the effect
deval to blance trade is like
to the mohawks
my take
tell this to the swedes
not jumping into the euro
wage compacter
saved their system
Posted by: slink | Dec 18, 2006 12:43:32 PM
"In the United States government the Treasury represents the interests of Wall
Street, as Joe Stiglitz has written eloquently... An alumnus of Goldman Sachs,
Secretary Paulson is ideally suited to his job."
I;m glad a really smart person said what I have been saying for months - Paulson
is going to pump up China aand Wall Street for two years and then beat it back
to the Street.
Posted by: save_the_rustbelt | Dec 18, 2006 12:43:38 PM
There's a comment on this over at the Guardian site which expresses my
thoughts. He makes an interesting point. Much is made (esp by 'maria') that the
U.S. is a debt junkie, financing growth and consumption with debt. This quote
makes the point that China is a 'U.S. growth' junkie, by the same analysis. This is
There is near constant commentary these days about which of these two
countries has an advantage over the other. Economic and financial ties
between China and the US are more incestuous than this article suggests.
Firstly, China is about the supply side. It is receiving massive capital
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inflow and manufacturing capacity from post industrialised economies
with affluent, consuming middle classes living off service industries. Of
all the consumers in the world, Americans remain the most optimistic,
and affluent. If the US consumer trips, the world's main engine of growth
shuts down. China will slow. Its trade surplus is considerable with the US,
but not with other trading partners. China is a US growth junkie, ever
eager to produce all that will dull the senses of the consumer of last
resort with cheap product...billig und schlect at that. But China knows
the limits of ballooning US trade and fiscal deficits. Potential US
protectionism. A steep decline in the USD, wiping out the worth of the
trillion dollars or so in US Treasury bonds it owns. Less capital and
technological transfers. No more consumer of last resort. And do not be
overly dazzled by the stellar rates of growth of the Chinese economy.
Growth spurts cause pain. They test society's capacity to adapt. It is in
China's interest to bring the steam down because high pressure means
high risk. For everybody.
Posted by: dissent | Dec 18, 2006 12:52:41 PM
slink - That's why I said there is a connection to monetary policy.
What I am saying is that I would prefer that the speech be directed at the
monetary policy implications, that it tell us about how the Fed will conduct
monetary policy in response to China's policy. How does the Fed view these
matters and how will policy react? I don't think we learned anything about what
to expect from the Fed from the speech.
If there's a connection to forex, etc., tell us what it is and how it affects the
policy outlook.
Posted by: Mark Thoma | Dec 18, 2006 12:55:32 PM
how much of what went on in china was just being able to say "i care" by
republicans before the power shift in january and basically letting the chinese
know that it is important enough that they too should pay attention to a more
protectionist congress.
Posted by: adam | Dec 18, 2006 1:11:01 PM
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Economist's View: James Galbraith: Clueless in China
i assumed u felt gentle ben
was leaving out hamlet in this production
of the danish tragedy
---"If there's a connection to forex, etc., tell us what it is and how it affects the
policy outlook"----
i'd guess
his silence on the to be or not to be here
implies no action will be taken
To counter the forex fiddle
"I don't think we learned anything about what to expect from the Fed from the
speech "
indeed we didn't
because i fear ben will do.... nada
Posted by: slink | Dec 18, 2006 1:18:39 PM
Well I think Galbraith's analysis is spot on. Does anything think that this
administration has any use for anyone but toadies and liars? I mean, why the
surprise? These guys are just doing what they were hired to do. If they didn't,
they'd be fired. Bush does fire people you know. The competent ones, the
independent ones. He keeps the incomptents and the flunkies, and if by some
terrible develpment, is forced to fire them, like Rummy, he then says they were
the best ever. Makes sense, doesn't it?
PS Does Bernanke have tenure, or can he be fired like Paulson, at will? If he has
tenure, then he was a pathetic wimp to go along with this charade.
Posted by: maria | Dec 18, 2006 1:24:01 PM
The Federal Reserve governors have been clear for years in saying the exchange
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Economist's View: James Galbraith: Clueless in China
rates or the relative value of the dollar will not be a significant factor in
adjusting short term interest rates. There is no reason to change such a stance,
and there was surely no reason for Ben Bernanke to comment on this in China.
Posted by: anne | Dec 18, 2006 1:25:02 PM
I think the Fed is watching closely - e.g. if China changes its policy on foreign
reserves, i-rates could start upward in the U.S. It's not exchange rates directly
that matter, but what happens to inflation, output, and i-rates as a
consequence does, i.e. the implications for the domestic economy.
Posted by: Mark Thoma | Dec 18, 2006 1:45:52 PM
are u in agreement
with the fed's folded hands on forex ??
if so i'm surprised
u know how the pieces fit together
on alll this
are there hidden objectives
like "lets not get a protectionist wave underway ....if it starts the globe will
better a few uaw stiffs take a bump ..."
Posted by: slink | Dec 18, 2006 1:50:05 PM
no doubt that bernanke knew what would make headlines in both china and here
but after reading the speech i'd point out a couple of lines at the start of two
succesive paragraphs:
"Although more flexibility in the exchange rate would be helpful, the most
direct and probably the most effective way to reduce the external surpluses and
increase the welfare of Chinese households is to take measures to reduce
domestic saving relative to domestic investment."
"A sustained program of expanding social services has the potential for reducing
saving and raising living standards in China and, at the same time, moderating
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China's external surpluses. In particular, increased government spending on
health, education, and other types of social services would raise both household
consumption and government consumption, and thus reduce national saving."
he doesn't even make the currency peg the top recommendation.
Posted by: adam | Dec 18, 2006 1:58:38 PM
Mark Thoma is correct, the Federal Reserve looks at how the domestic economy
is performing. Were long term interest rates to increase from the remarkably
low levels we find at present, the Fed could well act. But, there is at present no
reason to be concerned with long term interest rates.
Though I understand the reasons for concern about a combative protectionism, I
am little worried that protectionism will be more than a token political issue
these coming 2 years. My sense is that Congress can do much to improve labor
conditions in focusing on domestic policy, while I still do not expect a recession.
Alan Greenspan was often abroad offering analysis and advice, and I find nothing
wrong with this for Ben Bernanke.
Posted by: anne | Dec 18, 2006 2:04:20 PM
i assume you think fed i rates
might go up
to draw in replacement funds
for any
china cb moves toward
leaving dollars( net
of necessary additional bop funding)
but is this strategic
likely ??
changing the reserve mix
will pop
the narrow forex band
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which is indeed the problem here
all evidence is
the chinese plan
to manitain the present dollar
support regime
there's this consolation
the ultimate insult
is impossible
to both manitain the dump mode
at full blast
and force up dollar interest rates
Posted by: slink | Dec 18, 2006 2:06:22 PM
"My sense is that Congress can do much to improve labor conditions in focusing
on domestic policy"
elaborate ???
i'm blind to this potential
Posted by: slink | Dec 18, 2006 2:09:24 PM
I second slink - dollar revaluation is the only way US rebalances without
completely nuking the working class... that includes mid-white collar working
class too... they are just working stiff wage slaves in dockers instead of factory
blue. After all, not much use for a manager who has nobody to manage... I think
the more appropriate term for those kinds of managers is 'unemployed'.
If you all read setser & I know many of you do... we are set to run a trillion
dollar CA/trade deficit next year. Explain to me how we do that without going a
trillion in hock?
The only other way to bring the about rebalancing is via a consumption snuffing
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recession. But we are being told *everywhere* that's not going to happen. Right?
So if not USD-RMB rebalancing, how does this end? And it does have to end - just
about everyone agrees our escalating imbalance has to reverse.
Posted by: dryfly | Dec 18, 2006 2:10:24 PM
i agree ben was slipping in
a bow crosser here
but only to add dark side leverage
to paulson's cap market free up pitch
a real fine team player eh ???
Posted by: slink | Dec 18, 2006 2:16:40 PM
i'm blind to this potential
Me too.
I'd like to know how congress improves 'labor conditions' by mandate when the
companies compete directly with operations paying 25 cents an hour in Wuxi.
Is congress going to pay the health insurance, 401K contributions & the wage
differentials... so their employers can compete and offer products to WalMart &
Best Buy at the same prices China offers?
I think that is call 'protectionism' if I'm not mistaken... at least the wage
differential is... and a terrible faux pas from WTO perspective.
Whose going to pay? And from what 'earnings'? Are we going to tax all those
Vanguard millionaires so UAW workers can keep their health insurance? Who's in
line after the UAW?
I know ending the war in Iraq is offered up as the solution for every ill - and I'm
all for ending it & reallocating those resources - but this problem is bigger and
getting way bigger every year.
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So I'd like to see some 'elaboration' too.
Posted by: dryfly | Dec 18, 2006 2:21:43 PM
dry fly
me ditto u on that
Posted by: slink | Dec 18, 2006 2:25:15 PM
mark anne
forgive the sweat stains in my posts
this is very very close
to the heart of my political soul
Posted by: slink | Dec 18, 2006 2:27:45 PM
but only to add dark side leverage
to paulson's cap market free up pitch
Retrain UAW machinists to be traders & stock brokers... that's the plan. Dad
selling securities... Mom selling real estate. Everyone rich and sassy.
Thank God we won't all have to flip burgers like the doom sayers predicted in
the 80s & 90s. But take comfort if we do 'cause we'll all have better workers
rights thanks to congress.
Posted by: dryfly | Dec 18, 2006 2:29:05 PM
slink - No problem at all. Please say what you think.
Posted by: Mark Thoma | Dec 18, 2006 2:30:51 PM
What I would push for: increase the minimum wage; subsidize employee health
insurance, especially for serious illnesses; increase funding for Medicaid; federal-
state revenue sharing to dramatically lower tuition at public colleges; federal-
state revenue sharing for infrastructure development, including public primary
and secondary school education; increase funding for HeadStart.
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Posted by: anne | Dec 18, 2006 2:32:35 PM
yeah slink i don't have near the problem with what was said that i do in him
going with the treasury secretary. independence of the fed is a big deal to me.
the fed is a separate "team"
Posted by: adam | Dec 18, 2006 2:34:31 PM
The Administration has lessened enforcement and oversight in every
employment related sector for which I know of responsibility, from mine safety
to fair labor practices. A Democratic Congress can pressure the Administration
on behalf of workers even with no changes in current law.
Posted by: anne | Dec 18, 2006 2:36:17 PM
What I would push for...
And anne - that laundry list makes the factory in my pretty well educated
Midwestern home town (largest employer of both blue & white collar workers)
more competitive with China... exactly how?
And who pays for this again? It won't be cheap.
Don't get me wrong - I'm for a lot of those things too - but the only way we
support a social system like that is if we keep the jobs here to support the taxes
to pay for that stuff. To do that we need to produce more tradables here and
import less consumption from over there.
Only three ways I see that happening (1) dollar revaluation (2) consumption
snuffing recession or (3) overt protectionism.
Option (1) looks like the best option for us though not so smurfy for those
holding dollar denominated assets. But maybe they should have thought of that
more carefully BEFORE they loaded up on them.
Posted by: dryfly | Dec 18, 2006 2:43:43 PM
Broadening the scope of federal-state revenue sharing for infrasturcture
development, I would surely include environment-protection research and
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development programs. A $3 billion current spending program on environment
protection could easily be $30 billion, and the economic benefits would be
Remember though, we are spending $10 billion a month on the tragic insanity of
occupying Iraq and this spending will be an explicit and implicit excuse to limit
every other possible social benefit program.
Posted by: anne | Dec 18, 2006 2:45:06 PM
The Administration has lessened enforcement and oversight in every
employment related sector for which I know of responsibility, from mine safety
to fair labor practices.
Again that is wrong - but how does fixing that make my small town factory more
competitive vis-a-vis China (more than half the production has left already - 50
cents an hour & no benies vs $12/hr & shitty benies).
Posted by: dryfly | Dec 18, 2006 2:48:04 PM
$10 billion a month is a drop in the bucket compared to a trillion dollar a year
CA deficit. We got 9 more Iraqs to find to equal it up anne.
Not many of us here applaud Iraq - I don't - but this isn't about Iraq... It's about
trade & competitiveness & how we support all those noble things you propose
(and I agree with)... meanwhile we go deeper into hock buying trinkets from
Posted by: dryfly | Dec 18, 2006 2:51:46 PM
Yes; I understand, we can do nothing nowhere for no one because there is no
money ever never, only money for Iraq. I know of the lunacy of what we do not
have, but suppose a lovely middle western city, especially a university city,
were to become a center for environment protection research and planning.
California and Massachusetts are spending on bio-medical programs, especially
research involving stem cell technology. Why should Minnesota, about university
campuses, not be a critically important center for environment protection?
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Posted by: anne | Dec 18, 2006 2:55:20 PM
anne i support all these moves but
their bottom wage earner
and health provision reform
at best your ed plansall very important are
matts for those facing forex induiced jobicide
i suggest
with fairer exchange rates
we don't need to destroy
our industrial core
in the first place
sweden surely is not
sweden stayed out of the euro zone
and has lowered the kroner
several times to retain trade balance and control the "post industrial "
tranformation pathway
maybe we're headed toward zero factory labor
but pacing matters
if you're 35 to 55
when delco rolls over on you
which returns meto my point anne
these congressional moves
are not aimed at the 25 dollar an hour guys at delco
about to get blown out the factory gates
by chinese parts
that are cheap enough to submarine em
and if its not productivity diff or quality diff
but simply
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because the dollar is overvalued
against the yuan/rmb.....
Posted by: slink | Dec 18, 2006 2:57:24 PM
Yes; I understand and am thinking. Sweden's currency however has lost 1.2% in
value against the dollar in the 10 years since December 15, 1996.
Posted by: anne | Dec 18, 2006 3:02:15 PM
The Euro has gained a mere 4.0% against the dollar in 10 years. I do not find a
problem with dollar exchange rates, for the market reflects no such problem.
The Australian dollar has lost a mere 1.3% in 10 years against the American
Posted by: anne | Dec 18, 2006 3:05:33 PM
The sense I have is look to the New Deal for domestic inspiration, and push for
an end to this terrible occupation of Iraq that diverts us so easily for social
benefit programs. I simply cannot imagine that we are going to run out of work,
because there is more work being done by others. For all the apples that are
brought abroad and in other states, Whole Foods is filled with local apple
Posted by: anne | Dec 18, 2006 3:10:55 PM
anne you can't support any kind of new deal without value added tradables of
some kind... and our currency rates are part of the problem, a big part.
And in fairness it isn't all China - a big chunk goes to the Gulf oil states, Russia,
etc. Which is a separate issue...
But don't underestimate the effect currency plays. It is the only self correcting
mechanism that doesn't take it directly out of workers hide via job loss - it takes
it out of all of us via exchange purchasing parity... but that's the whole point...
buy more here & less there... keep jobs here.
The New Deal health care & environmental stuff is all great - I'm for it - but it
still doesn't answer the question... "How do programs like those help my factory
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stay open vs Chinese competition?" There needs to be more.
You keep making comparisons to 1996 currency levels... remember, China wasn't
on the scene then... they are on the scene now, big time.
A better comparison is Yen-USD say late 70s to late 80s to late 90s. Japan
ascended & became a force due to two factors (1) hard work & talent and (2) an
undervalued currency. That all changed at 'Plaza'.
Japan had some pretty harsh years right after that - mostly their own fault in
not effectively internalizing demand away from export-only growth.
Most of that is behind them now & we are all better off for them not being so
coupled to us.
China doesn't want to follow suit but I don't think they have a choice - just a
matter if they do it by choice or forced by ugly circumstance. If the latter it will
suck for all of us. It might suck for us anyway if we don't simultaneously enact
some of those New Deal programs to ease us into the new reality.
As far as New Deal or revaluation - it doesn't need to be one or the other.
Posted by: dryfly | Dec 18, 2006 3:45:24 PM
Yes; your points are all important and I am thinking. But, remembering Japan
which still has not been able to counter the artificial increase in value of the
Yen after September 1985, China will not be Japan. I still do not well
understand what has happened to Japan, however all the other currencies that
increased in relative value to the dollar from 1985, returned to 1985 levels in
1991 and 1992.
Posted by: anne | Dec 18, 2006 4:05:29 PM
"And who pays for this again? It won't be cheap."
dryfly is really going to hate this answer
Return to Clinton era marginal rates and tax capital gains as income.
Simple, proven.
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Now if tax cuts had actually produced the growth they promised then supply
siders might have a defense. But the official numbers show productivity sharply
down. The sharp downward revisions to reported GDP for 2002 to 2005 that
were released with the 2006 Q2 numbers are pretty devastating. Not only wasn't
growth after Bush II tax cuts particularly striking, at a stroke the BLS wiped
large fractions of it away back in July.
Q3 was pretty dismal at 1.6% and some are predicting a flat Q4.
If tax cuts do not in fact provide growth then what good are they? If they do
produce growth then explain away these numbers.
So the answer to who pays for Anne's New New Deal? Upper income earners and
holders of capital. Unless someone cares to make the argument that absent
those tax increases we would be in perma-recession. But by the same token that
made supply siders ecstatic when Q1 came in at 5.6% you have to deal with 1.6%
for Q3.
Why tax the rich? Because as Willie Sutton pointed out about banks: that is
where the money is. Supply side is a proven failure, either that or these
numbers are showing something very different from what they seem on the plain
(And please don't tell Don Marek. He will probably have a stroke at the thought
of it.)
Posted by: Bruce Webb | Dec 18, 2006 4:07:06 PM
Personally I don't trust the productivity/GDP numbers. I mean while I don't
believe that markets are always magically rational and efficient, it seems odd to
have the Dow at record nominal levels when (absent Q1 2006) growth has
practically flatlined.
But the numbers are what they officially are, and supply siders need to deal
with that, however inconvenient it may be.
Posted by: Bruce Webb | Dec 18, 2006 4:21:17 PM
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All that welfare state stuff won't make the US competitive in world trade. Large
changes in currency valuations will. Check out the fall in the value of the dollar
after the Plaza/Louve accords. A useful chart can be found at http://research.
stlouisfed.org/fred2/series/TWEXMTHY?&cid=105. Note that the Current
Account (CA) deficit soared from 1981 to 1985 and then fell back to roughly zero
by 1990.
Medicaid won't solve the problems of workers unemployed by "Exchange-Rate
Protectionism". Jobs will. To create and sustain well-paid domestic employment
we need a competitive currency.
Right now America's trade policies are designed to maximize the Goldman bonus
pool. Expanding the welfare state won't solve that problem. Breaking the dollar
pegs (starting with, but not limited to the RMB) will.
Posted by: Peter Schaeffer | Dec 18, 2006 4:55:19 PM
It sounds like the only proven to be effective remedy anne is suggesting is the
rise in the minimum wage (as the wages of recent college grads have been
falling like a stone).
Following her proposals, we can avoid protectionism/tariffs and any moves with
teeth wrt China and the peg.
But from the looks of it, more and more of us formerly middle class or working
class folks are going to be surviving on the minimum wage.
Boo. Hoo.
Just wondering anne: how would *you* survive on the minimum wage?
Posted by: dissent | Dec 18, 2006 4:56:07 PM
sweden did its big devaql before 96
but more basically
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you are looking at the wrong currency
north south currency is where the tilt is
japan climbed for a decade before the mid 80's
try 370 yen to the dollar in the early 70's
what's it today
and yes the yen is over valued relative
to south currency too
al the better for the massive capital export of the last 17 years
but this is the tree count
its the forest that needs to be grasped
the dollar is seriously over valed against the currency of strong export
emergersouth nations
and your tenacity r4sisting this and the obvious long run consequences
now relected in our 200 billion no oil trade gap
about three years of frozen imports would perhaps balance this
but this be speaks greater conviction
on your part
then any one in the rust bowl has
from where comes your
pro trans nat corp
maginot line here
i hope you are confusing globalization tran nat style
with one world some day visions
because this road leads to iternational conflict
not harmony
Posted by: slink | Dec 18, 2006 4:59:40 PM
Slink, I may well change my mind on currency value. I am playing with the
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But, I am given another fine idea while I play:
"All that welfare state stuff won't make the US competitive in world trade."
Then why not say the heck with the welfare state and do things right; no social
security, no Medicare, no Medicaid, no employee health insurance, no free
public schooling for anyone ever, no more public colleges at any price, no
unions, no worker safeguards ever never.
"All that welfare state stuff won't make the US competitive in world trade."
Posted by: anne | Dec 18, 2006 5:24:25 PM
"All that welfare state stuff won't make the US competitive in world trade."
Blame Teddy Roosevelt for setting us down the welfare road in ending child
labor in America. Bad, Teddy, bad, Teddy. Blame China and end the American
welfare state before it gobbles us all up (the welfare state that is). First Iraq,
second China.
Posted by: anne | Dec 18, 2006 5:27:15 PM
Oh, and especially, no minimum wage at all; there is the answer. Say what? How
about unions, then? What is nice is belonging to a union that really does offer
balance. Or, is the point no minimum wage and no unions? I forget.
Posted by: anne | Dec 18, 2006 5:32:45 PM
November 21, 2006
Cleaning Companies in Accord With Striking Houston Janitors
By STEVEN GREENHOUSE
Houston's major cleaning companies and the union representing 5,300 janitors
there announced a tentative contract yesterday that ends a monthlong strike,
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raises the workers' hourly wages by nearly 50 percent over two years and
provides them health coverage.
Under the three-year deal, the first for the janitors since they unionized last
year, their pay, which now averages $5.25 an hour, will increase to $6.25 on
Jan. 1, 2007; to $7.25 on Jan. 1, 2008; and to $7.75 on Jan. 1, 2009.
Further, the employers agreed to increase a janitor's typical shift to six hours a
day, from four. Many of the janitors had said they were being given too few
hours of work to support their families.
As a result of the rise in both hourly pay and the hours in the workweek, the
employees expect to see their paychecks double over the next couple of years.
"It's a moment of great victory," said Mercedes Herrera, a janitor for five years
who earns $5.15 an hour. "We all came together, and the union gave us
strength. Many of us have never received a raise. I've earned the same ever
since I started, so the raise is great." ...
Posted by: anne | Dec 18, 2006 5:33:50 PM
November 3, 2006
Janitors' Union, Recently Organized, Strikes in Houston
By STEVEN GREENHOUSE
Last year, more than 5,000 janitors in Houston decided to form a union, giving
organized labor one of its biggest victories ever in the South.
But now the janitors are locked in a new struggle. They have gone on strike
because five Houston cleaning companies have rejected their proposal for a
salary increase to $8.50 an hour, up from the current average of $5.25 an hour.
The companies say the proposal for a 62 percent increase, along with health
insurance, is unrealistic.
The janitors, who generally work four hours a day, say they are merely asking
for enough to support their families.
http://economistsview.typepad.com/economistsview/2006/12/galbraith_cluel.html (22 of 62)1/16/2007 2:40:37 PM
Economist's View: Jam
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Started by kannin , Jun 24 2013 10:40 PM
Started by kannin , Jun 24 2013 10:40 PM
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