text:
Well, it looks like the consensus opinion is that things are pretty good and will only get better. Are you all getting that read too?
Somber Friday greetings,
We are frustrated.
Investor confusion couldn't be at higher levels. The talking heads are screaming oversold oversold oversold, and even convinced us to step into this big govt mess. Yet lucid analysis exposes the clear paradigm shift upon us: help the losers at the expense of the winners, and we mustn't be ashamed to highlight the pitfalls of a big govt. President Sir Obama, please please please step aside from your dangerous ideology, you are heading down a dead end Street. You will not defeat capitalism in one-term, caution...
POTC has bought puts on First Solar(FSLR) this morning, as we do not believe any sector is immune to Obama's reach/control/regulation.
Whether right or wrong on individual stock picks, big respect for often bashed Jim Cramer of late. He has in fact spoken out colorfully against what he believes is an attack on capitalism from this change administration.
The Psychology of the Call team wishes all forward-thinkers a nice weekend, take care of yourselves, friends, and loved ones as difficult as it may be in all this confusion.
Posted by The Call Team at 10:03 AM 0 comments Links to this post
If you look at the household survey in the actual employment report, unemployment jumped to 8.1 percent because 498,000 people rejoined the labor force, while only 351,000 lost their jobs. Why are people coming back into the workforce when things are getting worse? Also, the HH survey job loss is only about half of the 651,000 job loss in the establishment survey. Could simply be sampling variability or it could be an inflection point.
If you look way down into this economic perdition of economic darkness and destruction you'll see my face looking back at you courtesy of the new NWO globalism. It's kind of like a parody on the bad never complete a sentence syntax of president Bush, the senior slickster - thousand points of darkness!
Obama's war on prosperity is working.
The only bright spots remaining are health care & education, which reflect demographic trends. In contrast to the broad trend of declines in the private sector, government employment continues to grow. This suggests a change in the composition of the job market and economy. –John Silvia, Wachovia Economics Group
I wonder what the employment numbers are for non government workers? This is where the taxes are coming from.
Mr. NOBAMA Pronised A Change.....It is More Like ...."TOTAL DESTRUCTION OF The U.S.A.".......
The "good" news is that fewer laborers means increased productivity, which translates into a better return on investment in human capital. Not even China can boast about increased productivity at this time.
Ray -
The household survey is always more volatile, but if you look at the longer-term trend, it's showing job losses just as severe or more so than the employment survey.
E.g. Job losses over last 6 months:
Household Survey -- 3,525,000
Employer Survey -- 3,285,000
Worse case forecast from the Federal Reserve for 2009 is a contraction of somewhat over 3%.
Based in all statistics reported the last few months, all indications are for a significantly bigger contraction than that. My guess with 10%+ layoffs in major companies that are still rippling through the economy concomitant with a drastic drop in profitability and therefore business investment, is a contraction closer to 10% this year than 1.3% (the median projection) or 3%.
Why the criticism of the Obama Administration while it is trying to do something concrete to stop the contraction while right-wingers including most Republican legislators do the opposite is beyond me.
Cleaning up after King Bush II and the reign of terror his Republicans inflicted on the country will take awhile. I'd like to see Obama take a tougher stand on the bankers -- and especially the MBA -- that got us into this mess.
Impeach Obama
Overall, I think we pretty much got it right.
"It is not much, but knowing that you know nothing is the beginning of wisdom." As usual Buiter sums up best what economists know, whether the subject be labor, the Phillips curve or the EMH. Of course, Socrates said it first.
Charles Goodhart, who was fortunate enough not to encounter complete markets macroeconomics and monetary economics during his impressionable, formative years, but only after he had acquired some intellectual immunity, once said of the Dynamic Stochastic General Equilibrium approach which for a while was the staple of central banks' internal modelling: "It excludes everything I am nterested in". He was right. It excludes everything relevant to the pursuit of financial stability.
The Bank of England in 2007 faced the onset of the credit crunch with too much Robert Lucas, Michael Woodford and Robert Merton in its intellectual cupboard. A drastic but chaotic re-education took place and is continuing.
I believe that the Bank has by now shed the conventional wisdom of the typical macroeconomics training of the past few decades. In its place is an intellectual potpourri of factoids, partial theories, empirical regulaties without firm theoretical foundations, hunches, intuitions and half-developed insights. It is not much, but knowing that you know nothing is the beginning of wisdom.
LarryM and HankF are the same moron
I read that some ex-countrywide guys have bought "toxic" mortgages and are offering the mortgagees the great favor of lower payments to keep them in their home. If the mortgagees had been allowed to buy THEIR OWN mortgages back at 2 cents on the dollar, it would have been an even bigger favor to the homeowner and left out the bankers. Where is Obama et al in helping homeowners buy back their own (already discounted) mortgages?!
Macroeconomics considers all dollars in GDP to be equal, regardless of source. This is wrong. The US economy is underweight in manufacturing and overweight in financial services, healthcare and entertainment. The economy will continue to shrink and the standard of living collapse until they reach a level the wealth creation base can sustain. We are in for a hellacious day of reckoning, and no amount of FDR-revivalism can forestall it.
Obama has a nice smile - he is going to save us all. Yay, Obammmmmmmmma.
These comments remind me that economics is more psychology than science. I find the David Greenlaw of Morgan Stanley's comment about the Moth of February particularly chilling.
By and large, people have enough to eat and and a place to sleep. those comparing this chapter of history to the times under Roosevelt, Hitler and Stalin would do well to go back and study their history. We live in the richest country, we have the most opportunity. The Cassandras wailing reflects more their anguish at not being as wealthy as they had hoped.
We must do something
My program is something
Therefore, we must do my program.
Put everyone to work now building electrical infrastructure and solar energy/energy storage. Input costs for energy in the future will then be low, increasing productivity and the wealth effect thereof. WWII ended the depression because of all the investment in factories and attendant factory-skills that were then available for consumer demand.
To report -881k would look bad, so they only reported -681k, for now. Then, change we will make next month, to adjust another -200k. We should all get used to the number game by now.
The Undertaker is retarded.
Total futility. Spending is the new mantra and the stock markets are reacting. Sell off continues. Which, as I look at the widget ExactPrice http://www.learcapital.com/exactprice I get the idea that investors are turning to the precious metals to hedge against the inflation that government printing presses are going to lead too. Frankly I'm not seeing much change from one administration to the next, unless even bigger government is change.
Why don't people buy stocks when they are on sale is a question often put to the public by pundits. The answer is simple: stocks are never really on sale at any price ! A better question is why not buy fish when it's half off even if it obviously stinks ?
Answer: You know that eating it will make you sick.
And here in California the governor caught hell for furloughing workers two days a month. The unions got him to cut it to one, then the legislature caved in completely.
Anybody looking for a job can come to California and make a nice living fixing potholes.
Dow 5000!
Let me amend that:
Anybody looking for a job can come to California and make a nice living watching with 5 other guys one guy fixing potholes.
The economy is shedding jobs because it is restructuring. This is not just a regular downturn. The economy in the US has been getting out of balance for decades. The "Consumer Economy" has gotten too big; the "Investment Economy" too small. The consumer is not going to get us out of this. Look for the economy to rebound when private companies start investing in an intelligent electrical grid; when home remodels specializing in energy efficiency retrofits start employing those who were building McMansions; When new industries specializing in recycling/reusing start employing those that used to wait tables. When new technologies to capture solar energy start going mainstream.
All I know is the Undertaker has hit almost everyhing right for a long time. Jealous?
Is it time to revolt yet?
Chris the Broker,
Mad at the Undertaker huh. You didn't like that Bush reference, well he's an equal party critic. You can'r insult a dead guy anyway can you?
"I read that some ex-countrywide guys have bought "toxic" mortgages and are offering the mortgagees the great favor of lower payments to keep them in their home. If the mortgagees had been allowed to buy THEIR OWN mortgages back at 2 cents on the dollar, it would have been an even bigger favor to the homeowner and left out the bankers. Where is Obama et al in helping homeowners buy back their own (already discounted) mortgages?!
Comment by regular guy - March 6, 2009 at 10:57 am "
But then how would the bankers who made off with the disapearing billions get another take?
The Undertaker rules these blogs and has the pinpoint accuracy of one of those laser guided bombs. I saw you on here before, taking a shot at the dead one. You have got to be a political worker or an equities broker but give it up. Reality is on the Undertakers side. Sorry about that guy but you are OWNED.
The Undertaker is #1 in my book. Whoever or whatever he is, He's right. Power on shadow man.
The Undertaker is my main guy. He calls it straight and has more clones than me. He makes too much sense to be dissed on. Are the elitists burning?
jspeyton: You're right that this is not just a regular downturn. We've had a consumption-based economy, by design, for 50 years. It isn't working, and it has made invidividual actors very confused about fundamentals. A 6,000 sq. ft. house is considered an investment; really, unless you have twelve kids, it's 1,000 sq. ft. of investment and 5,000 sq. ft. of consumption.
No, the consumer is not going to get us out of this. Consumers kept us afloat as long as they could. Remember all those articles around 2003 asking how the consumer could keep propelling the economy? Now we know the answer: house flips and cash-out refi's.
Chris the sis,
The U is as tough as nails! Thats why I like him. Go dawg, keep it smoking, shake up things and have the opponents on edge. You got any ideas Chrissy or are you just all trash talk and nothing else?
The undertaker is clueless and is just a variation of the Bush Derangement Syndrome. Why blame reality when you can blame Bush, it just makes you feel good. This financial mess can be traced back to Democrats with their mantra "everyone should be able to buy a home even if they can't afford it, 'cause then we get more votes". Obama wants capitalism to go the way of the dodo bird, he hates the wealthy, "it's not fair,wahhhhhh.." We will become two classes in the USSA, the wealthy elite (Obama, politicians) and the rest of us.
The best we can say about Obama is that he is in way over his head; the worst we can say is that he intends to destroy the economy of the USA. Either way, it's time to start thinking about replacing Obama - we can't take 4 years of this.
Thank you George Bush for plunging the country into the worst financial disaster in history. And thank you, Republicans for facilitating this disaster and now prolonging it by clinging to obstructionism and the same old failed policies: tax breaks, tax breaks, tax breaks. We can all see how well a policy that relies only on tax breaks has worked out for the country.
"We must do something
My program is something
Therefore, we must do my program.
Comment by John Lynn & Tony Jay - March 6, 2009 at 11:13 am "
This entire economic meltdown is the fault of Obama. Obama created this whole mess when the financial downturn started two years ago. The only way out of this mess is to adopt Republican strategies that have been so successful.
H. Livingston - Obama has large majorities in both houses of Congress. The Republicans can obstruct nothing. Obama is getting what he wants, passed, he runs Treasury, etc.
The change? 1,000,000 jobs lost in Obama's 6 weeks in office, and the markets have lost 33% of their value since Obama won the election.
Obama's response? To fixate on Rush Limbaugh. It's time to admit the idea of a community organizer as president was a bad one.
Obama did promise change which is all these poor laid-off people have left.
Clueless - you are close to the truth. Obama has been in the Senate since 2004, the Democrats have controlled the Senate since 2006, and Obama voted for all those budgets, TARP, and to block closer regulation that would have prevented the subprime mortgage fiasco.
You reap what you sow, Obama.
Bush and his toadies were is office for 8 years running our economy into the ditch. President Obama has been in office less than 50 days and some of you clowns are hitting on him for not getting it fixed already. Why don't you just go kiss rush limbaugh's fat ass and call it a day.
Actually, the economy was pretty good for 6 of Bush's 8 years in office, right up intil the Democrats took over. And if only the Dems had listened to the Republicans when the Republicans warned them about Fannie Mae and Freddie Mac! But hey, Obama and his buddies got rich, right?
"Cleaning up after King Bush II and the reign of terror his Republicans inflicted on the country will take awhile. I'dlike to see Obama take a tougher stand on the bankers — and especially the MBA — that got us into this mess".
Comment by Michael - March 6, 2009 at 10:51 am
Mike: I agree. And I think we should continue the policies of Frank, Dadd adn Co. and force these institutions to give people loans whom they know can't afford them. I also think we should keep empowering ACORN and other shakdown groups to continue to pressure successful business into redistributing what they worked hard for, to lazy fat maggots who stay at home and deal drugs (like the section 8 slug across my street).
Regardless of how we got here, it's painfully obvious that Obama isn't up to the job.
"Why don't you just go kiss rush limbaugh's fat ass and call it a day."
Maybe if Obama paid attention to doing his job rather than obsessing over what Rush Limbaugh says about him, the economy would not be so bad?
Bush and his toadies were is office for 8 years running our economy into the ditch. President Obama has been in office less than 50 days and some of you clowns are hitting on him for not getting it fixed already. Why don't you just go kiss rush limbaugh's fat ass and call it a day.
You already said that - have any new material?
And what has Obama accomplished in those 50 days? One million lost jobs, -33% in market cap. Sorry, we've seen enough.
Initials of Mr. Obama - B.end O.ver
This is way Harry Truman was always looking for a one-armed economist!
Obama promised to create 4 million new jobs. He's down one million. For the trillions in debt he is running up, we have the right to expect quick results.
All the kings horses and all the kings men can not put this economy back together again.
Ubertaker, Get a little more imaginative with the name. Thinking might be good for a start,
LOL, the Undertaker RIP's on both parties without mercy. Where in the hell have you been under a rock?. I think he may have hit a elitist NWO type in you. After all you seem like the part. Man, are you way off base. Get real. You had one of the dumbest posts I've ever seen on the WSJ blogs.
The Ubertaker is Chris in drag. Nice try, you go girl.
I think the Undertaker is making real inroads, He seems to be getting the elitists angry. The truth is getting out there.
How can one call someone else an elitist when they themselves are reading this blog. What does that make you?
I know a hypocrite. Got it.
Lets see Obamas in office 2 months and some clowns here calling him the worst president? You deserve to be unemployed!
2 years yes. Obama is cleaning up the mess left by the Clinton/Bush era if you can count thats 16 years!
Ubertaker, or Chris
The Undertaker obviously doesn't have a fondness for either party as he see's them both pretty corrupt. This is evident in his many blogs. I don't have any idea what you're talking about. You seem to dislike Obama O.K. but you sure were overly sensitive about a negative Bush senior comment. Guess that got your goat strongly for some personal reason. Are you Karl Rove?
Very strange the Democratic Congress we have had for over 2 years has become invisible! At least no where to be found if Bush can be blamed.
I am going down, down, down..
I am going down, down down..
(I can't get the song out of my mind.:-o)
I love Obama Economics - Oh now its Clinton too ? you my friend are a loser !
Ubertaker, Chris, 2nd anon all may be WSW, it sounds like his modus operendi. Whatever, for sure he is OWNED. Gee just one little anti Bush senior dig and the nutcase went wild. I wonder why?
The jobs reports lately are actually much worse than they look on the surface. The pattern is that men lose their jobs while their wives and girlfriends keep theirs, or get a new job. That is the way to the ghetto: working women surviving on low pay jobs and food stamps and unattached men preying on them.
If this blog is any indication of the level frustration out there..yikes.
Anon 2,
I work for WSJ in graphics design but it doesn't mean that I don't have an opinion. It may not be a known fact but The Undertaker is the most popular contributor on these blogs by a very big margin so we read his entries all the time here, although we keep it quiet. He has quite an unusual sense of humor and a keen economics mind as a lot of people here have made very good money with his posts over the years. Who the heck are you and what do you do?
Opinions..there like belly bottons everyone has one.
The market is tanking again. Looks like total disaster keeps coming. March has been terrible economically worldwide. Didn't somebody on these blogs tell us this was coming last year?
Chris give it up. You got destroyed. This is too easy!
Amazing! Let's take the politics out and look at the problem. Take Obama out. Put any other person in as president. Who, thinks anyone in that position would have been able to stop the economic free fall in 2 months? There is a lot of finger pointing and bad mouthing going on here. If you don't like what the goverment is doing I would love to hear some suggestions from all you unhappy people on how you would turn the U.S economy around in 2 months. I understand everyone is angry so am I. My retirement is gone. Apparenlty the solution is to scream, yell and point fingers.
The Undertaker is my foxhole designee. As I have said many times NEITHER party is worth the value of a pile of snail snot. Patton would spit on both of them. Bush was a fake flyboy and Obama has no clue at all. Semper Fi.
Gold up, market down, thanks again goth man. F--- wall street and the CNBC grafter apologists.
Gold is king, everything else is relatively irrelevant now.
Prescott Bush was a nazi bankroller during WWII. Nobody denies that. Ties in with a lot of other things currently.
I am truly amazed at the incredible mud slinging and downright hate mongering here. We need a scapegoat!
Who to blame? Not my guy(s)! Your guy(s)! Seems to this observer that the melting pot is really a sieve with like clinging to like as we go down the financial drain. How about giving up the anger and all the labels for a couple of minutes and recognize that our society is fracturing over money and status? Didn't we learn that Nazis arose in part due to the skillful manipulation of the mass psychology? You know, internal enemy and external enemy and pretty soon we're looking for a savior? The economy doesn't scare me half as much as the vicious vitriol I read here.
Speaking of Nazi's CNBC has a I think a former SS womens camp guard on there now. She just realizes the government has pulled the end run on the Street, Hilarious, listen to the voice, Her name is Evelyn Davis. Total panic. She is certifiable.
Oh yeah I like Undertaker too. I don't know who he is, or why about a 1/3 of this thread has been posts defending him, but I like him anyways, because the surely legit defenders of Undertaker like him too. It's not like Undertaker himself would change his screen name just to defend himself.
Why are you all so worried about the Undertaker. Just pay the piper, and shut up.
You had fun, now it's time to pay the bills...
The new Nazi's are doing reall well Sullyman. If it's too tough here get the hell off.
To ??: Obama has exacerbated the problems by not focusing like a laser on the financial and credit markets, not hiring enough Treasury staff, scaring the pants off of every investor in every segment of the market with radical non-free market based policy agendas, talking of raising taxes, and scaring the pants off Americans with catastrophe talk. He needs to focus on the primary issue at hand instead of attempting to create a socialist state in 100 days.
Undertaker Lover, Ubertaker, Anon2, yes opinions etc Chris of a thousand names
Again? Try to hide it better.
Gold rules!
I'd bet real money that before the end of 2009, we'll see the CEO of a major US corporation assassinated by one of their laid off workers.
It's true; Obama did not start this fire. But he is throwing gas on the fire with his doom and gloom rhetoric (where's the hope?) that he uses to rationalize shoving through his ideologically driven policies. His political gamesmanship has contributed significantly to the market's accelerating freefall. If clarifying the reality of the situation is fingerpointing then I'll keep pointing and yelling.
Deep Down Inside Mr. OBAMA Does "NOT" Likes..The U.S.A....So What If HE Destroy The Economy!!!!! After All, He Promised A "CHANGE"...2 Years From Now...85% Of the U.S. Population Will Be On Food Stamps & Welfare!!!!!! Even Warren Buffet Is GOING "DOWN" The "TOILET"....Ha,Ha,Ha, Ha.AMERICA Will Be A Third World Country.
The bottom line is this could have been a mild recession if not for the Dumbocrats. We've been in this mess starting late '07 with no shortage of help from a democrat controlled congress.
The market should be rallying at this point and coming out a 1.5 year bear. That of course assumes that a bunch of sheep didn't elect some nit wit who didn't bother to curb ideology to actually fix this economy -- instead continued with the same flawed policies of Carter.
These dopes pretend not to realize the whole social engineering thing works when the productive actually have money to support the losers.
But they really want all to become poor' so then they be "equality"
I need more bailouts of free taxpayer money. The trough is getting low and I'm hungry. My AIG buddy is getting thin too.
You dumbed down, mind numbed party maggot. You haven't learned anything have you. Get your head out of your a-- both sides suck twerp.
In 2006, what did these economists and gurus think the economy would be like in 2008 and 2009? So why believe them now?
A plea deal for Madoff, what is that?
AIG is the pension holder for congress.
I wish the good ol sarge would quit pulling his punches on these punks.
Right on Sarge, both sides are corrupt as hell, just like the Wall Street rigged travesty.
No doubt we may lose more jobs than ever anticipated. Anyone that didn't see it coming had to wearing blinders. The Treasury was giving money away long before TARP look at the interest rates over the last decade. Who runs a credit check on Billion dollar companies looking for money or for that matter the banks that start the process. Take a serious look at companies and people that are supposedly worth billions. What do they really have in assets? Nothing but paper and debt. Until stockholders stand up to these educated Mobsters sitting on the boards and managing these companies we are all ******!!!!
In 2006, what did these economists and gurus think the economy would be like in 2008 and 2009? So why believe them now?
Comment by Ron
Exactly! ;)
I am no economist just a concerned citizen watching my 401K implode. It is scary when the lessons of history are ignored. I pulled off the web today some findings regarding the rsult of Reagan's marginal tax cuts. Government revenue actually rose when the marginal tax rates were cut. The economy would turn if the President just gave it some life. Please Mr. President before th ship sinks.
I worked for aig for 3 years. it was the worst 3 years of my life.
a recent former high level manger just committed suicide. -yeah, thats how bad it is. their bad management goes all the way down to the bottom level. its horrible. they need to go bankrupt. they dont deserve to be in business anymore. It is a very close kept secret too that they are directly responsibly intertwined with congressional pensions. The politicians will let the country die before AIG goes down. It's a very bad situation. There are conflicts of interest everywhere.
Arsenal for the Champions League! Focus on the good stuff...
Obama is clueless. Attacking radio and TV personalities rather than attacking the credit crisis shows his lack of understanding. God help us.
Obama did not exacerbate any of the problems, he merely refuses to prudently address the underlying causes. Your Neotard president with help from piggies-at-the-trough Dumocrats torpedoed the economy long before Obama came to town.
H is right and the key word here is intertwined. Diectly funded no, but intertwined and influence peddling wise involved absolutely. Rico statutes apply here. If you have the gutd look into it.
One last thing, Mr. President please stop talking and just start doing you are killing Wallstreet. Action speaks louder than Words!!!
Thx, Glynn
2:44, where is it?
The negativity of these comments increase the likelihood that things are going to get much worse before turning around. Trying to blame one party or another is counter-productive. EVERYONE shares in the blame...consumers, banks, wallstreet, rating agencies, the govenment regulators, and politicians on both sides. Greed at every level allowed a ponzi scheme economy to built on easy, plentiful credit. No one was sounding the alarm bells and most participated in actions that defied prudent financial judgment.
AIG makes Teapot Dome look good.
Glynn Custer: C'mon now, what's he really supposed to do to "save" Wallstreet? Drop interest rates to -1.0%? Let's hear YOUR plan, smartypants.
Hey, Everyone - You guys crack me up! WSJ posters offer a great mix of serious commentary and good-natured nuttiness! Bottom line here is, as many have said, our situation is desperate and practically hopeless thanks to the political and intellectual bankruptcy of our "best public servants". It is a hell of a show; I am going to the snack bar for more popcorn! Anyone want some "Red=Hots"? My treat!
If we have given AIG 180 billion, where has it gone and why are they virtually worthless?
"AIG makes Teapot Dome look good.
Comment by Warren Harding - March 6, 2009 at 2:57 pm"
SWEET! Thanks, Mr. President!
For almost 20 years the American economy has floated on air. First brains and investments went into dot com companies that were either redundant or simply ideas. Then Americans sold houses to each other and issued trillions of dollars of IOUs. Some societies used what was in essence an expansion of the money supply to build material and human infrastructure.; Americans went on a consumption binge. This society has no choice but to accept the new reality. Americans will live at a lower standard of living but hopefully when the transition is complete will accept as good a different set of non consumption values. Maybe we turn investment bankers into medical doctors or real entrepreneurs.
To: perception is reality
No sir. I am not to blame.
and there are many more like me. We didn't live beyond our means... didn't over borrow... didn't over spend...
We saved.. we invested..
And now we are being told we will have to pay taxes to fund those people who did over spend, over borrow.... and by that I mean both the citizenry and the government who over extended. And we will have to do it with much less savings, less investments and less future income.
This relates to the comment at 2:42 pm.
Ms. Custer,
I identify with you. Save Wallstreet before they are destroyed by their own delusional ideas. Yes, that's it.
You wanted Change and you got it ; New York Money Guys - you were the biggest supporters of Black Osama HA HA HA Suck A** you F**KHEADS.
Fraud, Lies, and Bailouts, we deserve what's coming.
"Preception" is reality:
WRONG: Some are MORE responsible than others... There were many sounding alarm bells but they were silenced and marginalized by the big players who gained disproportionately from the easy credit bonanza and whose negligence and greed caused the most collateral damage. Views like yours disrupt the legitimate placement of blame on the kingpins of the operation.
Amazingly Bob you are just as stupid as Nick. I want you nuts in my basic training class real bad.
Sarge Ermey : You couldn't handle a KODOKAN YODAN you FAG. Guys on the Govt dole like you love the Big Government Communisim of BLACK OSAMA. The Red Army officers did real well under Brezhnev. You'd like that system wouldn't you- Bitch
Bob from Brookyln,
This is Dr. Fuzzy. I want to see you first thing in the morning, the electric shock treatment is not working. You need to come in from the rain now and out from under that huge birch where the big branch fell off on your head last week. I stopped your prescription for the big yellow and teal pills that sweat and buzz and quit quaffing those librium martinis with the darvocet chasers. We will let you keep the picture of Dice Clay but could you quot swearing so much in your padded cell er room as it is scaring the old ladies here at Tranquility Palms. Please wear your drooler if you come out in the halls from now on too. It will be all right Bobby, I can cure this kind of delusional behavior even though you've been cased certifiable..There is hope.
Do you have anything of value to add besides lessons in cursing? What is your I.Q.? What grade are you in?
agree with the posting of "Vs." It's time to acknowledge the obvious, AIG was so mismanaged that it is absolutely impossible that it can survive. It's present and future obligations are hopelessly mimatched against its assets. It's time for the US government to step in, remove all present managers, put the company into receivership, and liquidate the company. Many contracts have the "force majeure" clause that allows a company to escape from a situation that is absolutely hopeless. It's long since time to declare force majeure, and liquidate all the idiotic "guarantees" AIG so foolishly created.
Where has the AI G money gone?
AIG, the 180 billion dollar graft shell game. Beautiful!
I'm really disgusted reading the comments here. Adults acting like complete children. Some of you can't even spell. It amazes me that this country has been successful for this long with such ignorance. You guys are making Congress look good, and that is a scary thought since we all know they are completely incompetent.
Change - Hope . The change is from corrupt Socialistic -Capitalism to Socialist Communism. The Hope is for a government hand out. Get ready for a long tough haul America. Unemployement exceeding 11% - GDP growth 1% for the next 4 years. Hyper inflation kicks in soon. Vote out the Communist DemocRATS vote in some Real American Patriots.
judging from the comments on this blog, there will be no resistance to pushing through our NWO agenda.
What a guy that Obama is. Wow! 25 new jobs in Ohio. Way to go!!!
February nonfarm payroll came in at -651,000, taking the unemployment rate up to 8.1%, a 25 year high. The unemployment rate in California is now well over 10%. There were huge revisions up in the December and January figures. Remember when the market used to have a heart attack over a job loss of 100,000? Those were the days! More than 4.4 million workers have lost their jobs since December, 2007, taking the total unemployed to a record 12.5 million. It may be only a matter of months before we surpass the 1981 peak unemployment rate of 10.8%. These figures suggest that the current quarter GDP could be as low as -8%, the worst since the thirties.
The government is no different than a service industry. Higher prices (taxes) bring lower revenues. Lower prices (taxes) create higher revenues. A smaller more streamlined government leaves capital in the private markets and allows capitalists to expand businesses/jobs which ultimate provides higher tax reciepts. A growing economy is the only way out of this mess.
I learned in econ 101 that productivity is the leading economic indicator for an economic recovery. I also learned that increased consumption and spending does not create wealth for an economy. Productivity comes from labor and capitol. What the government takes from us in taxes is an opportunity cost for private capital. No matter how much the gov't spends, or incents us to consume it will not and cannot create wealth. Our gov't is doing the exact wrong things to get us out of this mess. Economic freedom not socialist policy is the way to prosperity and happiness. The gov't needs to get out of the way and off the backs of business.
Ahhhh Who is John Galt ?
I like youuuuu, Brooklyn Bob!!!!!!!!11
In the WSJ today, "On the growth effects of a large expansion of gov't, the European social welfare state presents a window to our potential future, standards of living permanently 30% lower than ours." Odds are you won't find John Galt there.
Given the $180 billion federal bailout of AIG, it is worth asking why AIG failed. To understand that, one needs to look both at the structure of the financial services industry, and at federal regulation of that industry.
AIG is a multinational financial services firm, with worldwide operations, that began as an insurance company. Up until 1999, federal law (the Glass-Steagall Act of 1933) prohibited insurance companies from participating in the securities or banking industries. Issuing insurance policies, issuing securities, and issuing mortgages were all entirely separate forms of business. In 1999, however, Congress repealed the Glass-Steagall Act of 1933 by enacting the Gramm-Leach-Bliley Financial Services Modernization Act, Public Law 106-102, 113 Statutes 1338, sponsored by then Senator Phil Gramm and then Congressmen Jim Leach and Thomas Bliley, all Republicans.
This allowed intermingling between the insurance industry, which was not subject to any federal regulation at all, and regulated only by state agencies having limited jurisdiction; the securities industry, which was regulated by the SEC; and the banking industry, which was regulated by the Federal Reserve and the FDIC. This also meant that insurance companies, which were not subject to federal regulation, would be engaging in the securities and banking industries, even though SEC, Fed and FDIC regulators had few if any records and little knowledge about the insurance industry or the firms involved in it.
This also meant that there would be entirely new kinds of business activities. For example, instead of banks issuing mortgages, financial services firms could issue mortgages and then package them into securities issuances, as "mortgage-backed securities." They could also try to manage the risk of doing so by issuing a form of insurance for securities transactions, known as "credit default swaps."
Neither the Congress (then under Republican control) nor the incoming Bush administration did anything, however, to bring existing federal regulatory statutes, regulations and agencies into alignment with the new "financial services industry" that this legislation created out of the formerly separate insurance, securities and banking industries. Arguing that government regulation merely got in the way of the free market, and that the free market was entirely capable of policing itself without any government involvement, they left whatever regulation remained to a patchwork of agencies with outdated authority -- state insurance agencies with authority only over insurance business within their own borders, the SEC with authority only over securities transactions, and the Fed and FDIC with authority only over banking.
Put another way, there were no federal agencies or regulators that had comprehensive authority to review, control, or take enforcement action with regard to the new hybrid "financial services" conglomerates, or the new hybrid forms of business, such as mortgage-backed securities andcredit default swaps.
The result was that there was nobody minding the store. A wave of mergers consolidated the formerly separate insurance, securities and banking industries into a shrinking number of hybrid "financial services" conglomerates engaged in all of those businesses at the same time -- with no single federal agency having comprehensive regulatory jurisdiction over their activities. These "financial services" firms could do pretty much what they wanted without much regulatory interference. State insurance regulators had no authority over securities or banking activities, and no authority over interstate or international business activities. The SEC had no authority over insurance or banking operations. The Fed and the FDIC had nothing to do with insurance or securities activities. The result was that the "financial services" firms were free to engage in business activities that crossed the lines between the insurance, securities and banking industries with little if any effective regulatory oversight.
The results were pretty much what one would expect of a football game played without rules or referees. What brought down AIG was not the issuance of traditional life, property and auto insurance by its traditional insurance units, which have continued to be reasonably well-run and profitable. What brought down AIG, instead, was the activities of its new Financial Services Division, which AIG formed to extend its insurance activities into the securities and banking industries. Basically, AIG decided that it could make money by issuing credit default swaps to provide insurance for the issuance of mortgage-backed securities. In order to keep this operation as free of any regulatory requirements as possible, AIG set this new division up in the United Kingdom, where it would not be subject to the regulatory authority of state insurance agencies, and would be at least partly outside the purview of the SEC, Fed and FDIC as well.
Since there was no federal agency with any regulatory authority over the issuance of credit default swaps, and no federal agency with the reach to exercise authority over business operations conducted in the UK, there were no rules governing credit default swaps. There were no requirements, for example, that the companies issuing such instruments be adequately capitalized to cover any losses; that such firms maintain reserves of cash or bonds adequate to cover any reasonably foreseeable losses; or that such firms keep any federal or state agencies informed about the volume of such instruments it was issuing.
Basically, AIG could do whatever it felt like doing. So AIG's Financial Services Division raked in huge fees by issuing credit default swap coverage for huge volumes of mortgage-backed securities -- without establishing any reserves to cover any losses incurred for such coverage, and without maintaining adequate capitalization to cover any losses in the even that they turned out to be significant.
As long as the housing market kept going up, AIG's Financial Services Division kept making money hand over fist. When the housing bubble popped, however, when mortgages and mortgage-backed securities started losing money, and when losses started to pile up on credit default swaps, AIG had neither adequate financial reserves nor adequate capitalization to honor the business and legal commitments it had made in issuing credit default swaps. AIG very quickly became unable to meet its business, financial and legal operations -- in other words, bankrupt. Basically, AIG's Financial Services Division was nothing but a giant fraud, perpetrated against securities and banking executives in the "financial services" industry who understood nothing about insurance, and leaving them with no genuine insurance protection when they needed it most.
Because AIG was the largest insurance firm in the world, and because AIG's Financial Service Division had issued credit default swaps for mortgage-backed securities issued by most if not all of the largest financial services in the world, this meant that if AIG went bankrupt, so would most of the largest financial services firms in the world. If that happened, the result would be an international financial disaster directly comparable to the Great Depression of the 1930s. That is why the US Government had no choice but to step in and bail out AIG, to the tune of $180 billion of the taxpayers' money -- because even though AIG had acted recklessly and might also have acted fraudulently, neither the US nor the rest of the world could afford to see the international economy collapse.
If you think that government regulation is unnecessary, that the free market can police itself, that the current mess was caused by requiring banks to stop redlining mortgages, and that the US Government and the Obama administration are propping up AIG and other financial services firms because they have some sort of ideological opposition to a capitalist economy, you are free to delude yourself all you want. The real cause of our current national and international economic disaster, however, is that Republicans really believed their own rhetoric about what a marvelous job the free market would do of policing itself. They failed to grasp that government regulation, while not itself economically productive, serves a vital economic purpose -- to protect legitimate business transactions, and the economy as a whole, from those who are sufficiently reckless in the pursuit of profit to engage in fraudulent conduct.
All of us are now paying the price for the Republican delusion that regulation was unnecessary. The Gramm-Leach-Bliley Act and AIG have played major roles in causing our current national and international economic disaster. All of us, regardless of party affiliation or ideology, are trying to figure out how to pick up the pieces and put them back together again, so that we can once again have a functioning capitalist economy. If the private sector could solve the current economic crisis on its own, without government intervention, it would already have done so. What President Obama is trying to do is to keep our capitalist economy from collapsing completely, and trying to get it functioning again. Mindlessly demanding deregulation and tax cuts does nothing whatever to solve the current crisis. Quit blithering about "Socialism" and get real. The free market is flat on its back, and our economy is not going to recover without government intervention. The sooner that intervention happens, the better the chance that it will work.
Most of these posting on WSJ are becoming completly worthless. I don't know if its the state of the WSJ and who they attract or idiots looking for a forum
Does that include yours Rob?
AIG manages Congressional Pensions.......Glad to hear someone bring this little known secret out. If we loan those bastards any more money "We are all having to get better before calling ourselves CRAZY"
@02Pete - I haven't seen a better or more concise description of the frolics of AIG, I'm definitely going to use it in some presentations.
What's surprising is your partisanship conclusion. Globally, the banks ate these CDS up in combination with AAA junk. Sort of like, "I'll buy this car for my company without starting it or looking under the hood, and I'll get this insurance policy by shaking hands with that guy on the corner wearing sunglasses. I do get a per cent bonus on this, so who cares?" Car has no motor, crashes, insurance doesn't cover. In most states that's a felony, but if you're tied in (bank/media/republican/democrat) you get paid more money. Great system.
Credit Default Swaps, you just gotta love 'em. Who pays when the GM stuff goes "toxic," or the commercial real estate stuff goes "toxic." What other creatures are under the rocks? Simple solution here: mandate CDS transactions on an open exchange. That would be a market.
The media is to blame in this, especially the financial media. Sucking up to billionaires. Thank goodness for the internet and people like you 02Pete. There is hope....
As is said often on minyanville, time and price.....
I don't blame them. February nonfarm payroll came in at -651,000, taking the unemployment rate up to 8.1%, a 25 year high. The unemployment rate in California is now well over 10%. There were huge revisions up in the December and January figures. Remember when the market used to have a heart attack over a job loss of 100,000? Those were the days! More than 4.4 million workers have lost their jobs since December, 2007, taking the total unemployed to a record 12.5 million. It may be only a matter of months before we surpass the 1981 peak unemployment rate of 10.8%. These figures suggest that the current quarter GDP could be as low as -8%, the worst since the thirties.
We have finally found a comprehensive plan with which to attack the economic mess we now are in. It appeared yesterday. It is written in plain language and helps the average person understand the complexities we now face..
The table of contents is linked here: http://kavips.wordpress.com/2009/03/06/kavipsian-economic-table-of-contents/
From there one can access any chapter they need... In the current literature, there are is a lot of starbursting on this topic; this is the first comprehensive textbook (besides the CBO) that we have seen.
The Business Section of today's (03/08/09) NY Times reports that AIG issued $440 billion in "credit default swap" insurance coverage for the issuance of securities when AIG's total capitalization (for the entire company, not just its Financial Services Division) was only around $200 billion. Put another way, AIG issued $240 billion more of credit default swap insurance coverage than it had capitalization to cover.
This was blatantly fraudulent. Thanks both to deregulation legislation, and to AIG's decision to locate its Financial Services Division in the UK, however, there were no US federal agencies having sufficient regulatory jurisdiction or authority to do anything to stop this fraudulent conduct. State insurance agencies in the US had no extraterritorial jurisdiction. No US federal agency regulated the insurance industry. The SEC regulated only the securities industry. The Federal Reserve Bank and the FDIC regulated only the banking industry.
While allowing AIG to default on its credit default swap obligations would have punished the firm for its fraudulent conduct, it would also have triggered a near-total meltdown in the international financial services industry, as many of the securities and banking firms left uninsured by AIG's default would also have gone bankrupt. Under that scenario, not just AIG, but almost everybody participating in economic activity anywhere in the world, would have been punished by that outcome.
In order to avoid that total economic meltdown, the US Government has thus far used $180 billion of US taxpayers' funds to cover the losses of the financial services firms who found out that their AIG credit default swap insurance coverage was worthless. (They haven't yet had to cover the full $240 billion in uncovered credit default swaps that AIG issued, because the mortgage-backed securities that those swaps insured are apparently still worth roughly $60 billion, or about 25 cents for every dollar of their purported original value.) This has been quite expensive, but the international economic meltdown which this avoided would be far worse than what we are currently facing.
If you think that AIG should be punished for this $240 billion insurance fraud, which appears to be the most massive insurance fraud in history, I agree that it should. There is currently no US regulatory agency, however, that has sufficient legal regulatory jurisdiction or authority under US federal law to do so. There is no US federal agency that regulates insurance at all. The SEC regulates only securities. The Fed and the FDIC regulate only banking.
If you don't like it that $180 billion of your tax money has been spent to cover a private sector insurance fraud, and you don't like it that there is no US regulatory agency that has legal authority to hold AIG to account for perpetrating this fraud, you can thank Phil Gramm, Jim Leach and Thomas Bliley. They are the US Senator and US Congressmen who sponsored the US federal legislation that allowed this to happen, by breaking down the previous legal barriers between the insurance, securities and banking industries, and failing to give any US federal agency sufficient regulatory authority to cover the activities of the consolidated financial services industry that took the place of the formerly separate insurance, securities and banking industries. As soon as the Gramm-Leach-Bliley Act of 1999 repealed the Glass-Steagall Act of 1933, the AIG debacle was an accident just waiting to happen. It took a few years for the damage to occur, but when it did, it was spectacular.
If you have your head in the sand, you are free to blither on as much as you want about how this is all Barack Obama's fault. Rush Limbaugh says so, and some of you think that whatever drivel Rush spouts must be true. The fools who caused the AIG debacle, though, were named Phil Gramm, Jim Leach and Thomas Bliley. They suffered from the delusion that the financial services industry would conduct its business in an honest and responsible manner if allowed to consolidate and left free of any meaningful federal regulatory authority. They were wrong -- and the tax money to pay for the damage caused by that fundamental and avoidable mistake is coming out of your pockets.
I recently came across your blog and have been reading along. I thought I would leave my first comment. I don't know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.
I recently came across your blog and have been reading along. I thought I would leave my first comment. I don't know what to say except that I have enjoyed reading. Nice blog. I will keep visiting this blog very often.
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The BTABlog reminds us that if you're riding your bike at night, lights are important! The police used to distribute lights, but when it comes down to it - riding a bike is so much cheaper than owning a car - it is worth some small gear investments.
We at Worldchanging/Portland recommend lights, a helmet, some reflective tape, a bell, and some good rain gear. Additional bonuses are a rack and a pannier, which make carrying larger items simple.
If you aren't up for assembling all the gear yourself, Clever Cycles has some amazing bikes which incorporate many of these features into the bike itself.
Remember - the rain is no reason to stop riding. All you need is the right gear and you're good to go. I actually prefer winter riding because the trails and bridges are so empty. I suppose if everyone follows my advice, this will cease to be the case, but for now I'm not worried!


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Horror Movies Forum » Mainstream Movies » BollyWood.
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Looking for some suggestions for Bollywood movies,horror and non-horror.Already have Umar.
I've only seen two so far - Naina and Krrish. Naina is pretty much a shot-for-shot remake of "The Eye" and Krrish is an action/superhero film. Out of the two, I liked Krrish better.
Thanks.I'll have to check them out.I flew Air India to London in '06.That's where I saw Umar and some others.


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Sweet potatoes with mushrooms & rosemary
Cooking timePrep: 5 mins Cook: 25 mins
Skill levelEasy
ServingsServes 2
Not sure what to do with sweet potatoes? Here's the perfect answer
Nutrition and extra info
- Easily doubled / halved
- Vegetarian
Nutrition per serving
- kcalories
- 359
- protein
- 8g
- carbs
- 65g
- fat
- 9g
- saturates
- 3g
- fibre
- 8g
- sugar
- 17g
- salt
- 0.47g
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If you prefer to fully oven-bake the sweet potatoes, cook for 40-50 mins, turning them halfway through the cooking time.
- Heat oven to 200C/fan 180C/gas 6. Prick the potatoes several times with a fork, then microwave on High for 8-10 mins, turning once, until tender. Meanwhile, heat the oil in a non-stick pan, add the mushrooms and rosemary and cook over a fairly high heat, stirring, until the mushrooms are tender and lightly coloured. Season to taste.
- Put the potatoes in the oven and roast for 15 mins until the skins start to crisp. Split open and spoon over the mushrooms. Sprinkle with Parmesan to serve.
Recipe from Good Food magazine, February 2008
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Comments, questions and tips
Actually added goats cheese to this one which seemed to bring it up a notch.
Just add a dollop of the creamy variety to the top of the mushrooms and enjoy!
good dish....check out my food blog....http://isitworthwaitingfor.blogspot.com/2011/03/sweet-potato-with-mushro...
I didn't have any rosemary so used tarragon instead and that tasted good.
This recipe is ok - I used it to accompany a steak and griddled peppers, but I prefer sweet potatoe in wedges.
It was a little much - the potato is very soft, and there wasn't a whole lot of flavour to the mushrooms...maybe some garlic would help.


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Concert at Seymour Celebration to benefit vets
July 04, 2012
When folks head out to Seymour Lake Celebration July 6-7, they'll have a special opportunity not offered at any other summer festivals around here.
Make your way up to the sound stage and sit a spell while the entertainers from Jam for Vets (JFV) weave their magic.
Founded a couple years back by Matt Thomas, of Lake Orion, JFV is a not-for-profit endeavor to "enrich the lives of veterans in the VA hospital system by creating and executing a self-funded, comprehensive Music Services Program." They execute this mission through the services of about 20 bands playing musical styles that span almost any genre you can think of. Active coast-to-coast, JFV has operations in California, Indiana, Illinois, Michigan, Virginia Maryland, Washington D.C. and Pennsylvania.
JFV enriches veterans in a number of ways. You'll hear them executing one mode of their mission when you listen on Friday and Saturday.
The dollars folks spend at the Seymour Celebration help fund a donation the Oxford Parks and Rec will give in lieu of payment for JFV's service.
You will hear bands in which veterans and civilians play music together; your appreciation and attention are only the most obvious of how you can assist JFV.
But the JFV assists veterans in other ways as well. As Thomas explained, "We've been playing classical and light jazz in the Detroit Dingell VA Medical Center atrium where the people . . . can sit and listen instead of spending four hours in a hospital waiting room."
In addition to that therapeutic outreach, JFV provides instruments, lessons, and an outlet to put the veterans together and play.
"Even if it never goes anywhere, that's not really the point. The point is to let them have an outlet under the supervision of the outpatient program proctored by the VA doctors."
The musical interaction helps reintegrate these soldiers back into our society.
JFV is a great idea that quickly evolved to its present state. After retiring from the Navy, Thomas found he "had an urge to do something" for his sisters and brothers-in-arms. As he searched for an outlet, his life-long musical pursuit led him to a door that opened into a much bigger vista than he could have imagined.
He was playing with another Navy buddy, and the crowd response after the show opened his eyes to an untapped potential for service through music. He returned home from that experience, placed an advertisement on Craig's List, and was overwhelmed by the response. "Within two weeks, I think I got 60 responses," Thomas said, "most of (whom) were civilians."
Faced with a large and surprising civilian response, Thomas said the scope of his vision rapidly changed from donating the proceeds from a single band to "lets get a bunch of bands together and put them to work as much as we can, and whatever we get we'll give to a 501c3 organization that supports combat-wounded veterans."
But his vision didn't end there. Instead of giving money generated by gigs to charities, Thomas realized an even more immediate impact was possible if his groups could apply their music "directly to the veterans." This last epiphany led him to partner with veterans service centers like the Detroit Dingell VA Medical Center. In the interest of providing a musical service for Dingell, JFV agrees to do "pretty much anything they want . . . at no cost to them," Thomas said. "We'll do our fund-raising events and we'll use the money that we've raised to pay musicians or buy instruments or whatever it is that we need to do. So . . . our new mission is to enrich the lives of veterans in the VA hospital system with a comprehensive music service program."
Thomas followed his desire to assist veterans and watched with delight as "the mission changed—we're now delivering program services ourselves, (so) we're our own beneficiary. So if I go do a fundraiser, and I raise a thousand bucks, I'll spend that . . .delivering comprehensive music services. So the left hand is working to feed the right hand"
JFV is a troop of musicians who are in demand, and are available for hire throughout the year. They'll perform on July 15 as part of their Trenton City Festival, and later this year are partnering on a September event in Lake Orion with a charity called Michigan Remembers 9/11.
Thomas has bigger dreams still ahead. "I'd love to have somebody like Kid Rock or Ted Nugent someone with Michigan connections (to) brand (JFV) and make it their own, because that would immediately mobilize literally thousands of musicians around the country. If something like that ever happened, it would be beyond my ability to contain it."


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What better way to celebrate a fifth birthday than with a major website redesign? That's the mindset of dreamy, high-end jewelry line Eddie Borgo, which launched a stunningly revamped EddieBorgo.com today. According to the in-demand jewelry designer, the website wasn't necessarily an afterthought, but it also "wasn't something that we invested a lot of time and effort into," either.
But head to the newly reconfigured homepage, and you'll be delighted by an easier-to-navigate e-commerce functionality—all the better to browse his distinct pieces, including his best-selling Fall 2010 collection. "People kept asking us for it," Borgo said, on the recognizable, contemporary jewels. "And frankly, because we move from collection to collection and follow a calendar, we never really considered reproducing those past collections, but now the website will give us a chance [to do so]."
Not to mention, the line also revealed a brand new, signature color for the brand: a rich, murky emerald, selected due to its "connection to luxury and heritage," reports WWD.
While while it may be much too early to say this, but we have an inkling 2014 may be the Eddie Borgo's biggest year yet.


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People with Generalized Anxiety Disorder (GAD) have uncontrollable, excessive anxiety and excessive worry across several situations. This worry and anxiety happens on more days than not, and persists for six months or more. A person with GAD finds it very difficult to control or discontinue the worry, or anxiety, despite their best efforts to do so. Excessive anxiety is also referred to as anxious apprehension in the literature. This term was coined because anxiety is viewed as an emotion, focused on the future, where a person is preparing to deal with some anticipated negative circumstance. Excessive worry is referred to as apprehensive expectation because a person is always expecting some sort of terrible event will happen at any moment and that they are not safe. The feeling would be similar to walking around in a minefield while blindfolded.
To meet the criteria for GAD, several physical symptoms must also be present on most days. These include; restlessness; becoming easily fatigued; problems concentrating or "zoning out;' irritability; muscle tension; and sleep disturbances.
The anxiety and worries of GAD are not as specific as they are in the other anxiety disorders already discussed (e.g., Phobias and Panic Disorder). Instead, they are more "general," hence the name - Generalized Anxiety Disorder. Adults with GAD tend to worry about everyday things such as finances, job responsibilities, and tending to one's home and family. Children are apt to worry about their abilities, future events, past behaviors, making mistakes, and school performance. This chronic worrying and anxiety causes people with GAD feel "keyed up" or "on edge" much of the time.
The focus of the worry can shift throughout the course of GAD. For instance, if someone with GAD was worrying a lot about their finances, but then received a big promotion at work, their worry would simply shift to something else, such as worrying about the new job responsibilities they now have.
While everyone may tend to worry about their finances, job, and family from time-to-time (which can actually be an adaptive way of coping), individuals with GAD experience anxiety and worry that is out of proportion. They tend to overestimate risk, or to misjudge the likelihood of a negative outcome of some future event. Adults with GAD may not see their anxiety as excessive, but they usually agree that it is having a negative impact on their functioning.
Children and adolescents with GAD tend to worry about their performance, even when it is not being evaluated. As such, they may develop perfectionistic tendencies. They can become highly concerned about being on time, or worry that some unlikely event will cause them to be late. They may seek constant reassurances and approval.
Treatment for GAD is found in the Treatment Section.
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The Alzheimer's Drug Discovery Foundation (ADDF) is an international nonprofit organization working to accelerate the discovery of drugs to prevent, treat and cure Alzheimer's disease, related dementias and cognitive aging. With headquarters in New York and funding opportunities for scientists around the globe, we strive to support the most diverse and promising research projects in the world.
Many of our staff members have a direct connection to Alzheimer's disease and other dementias. These personal connections drive us forward and unite us to work together to achieve our shared mission.
Full-Time and Part-Time Positions
Program Officer or Assistant Director, Aging & Alzheimer's Prevention Program
ADDF is seeking up to 2 scientists with outstanding analytic abilities and communication skills to join the program on Aging & Alzheimer's Prevention to evaluate, communicate, and accelerate the development of scientific evidence for potential treatments to promote healthy aging and prevent Alzheimer's, related dementias, and cognitive aging. Please review the full position description before applying.
Grants Associate
The ADDF is looking for a grants professional to join our Scientific Affairs team. The position is responsible for directing and managing all administrative components of the application and contracting process, as well as post-award grants management. The Grants Associate will also support the scientific staff in managing ADDF scientific initiatives and partnerships. Please review the full position description before applying.
How to apply: please send a cover letter, resume, and salary requirements in an email with the job title in subject line to: firstname.lastname@example.com
The ADDF occasionally has a need for select volunteers in our NYC office. Computer literacy and a minimum commitment of eight hours per week is preferred. Volunteer opportunities at the ADDF are ideal for undergraduate and graduate student or retired professionals. If you are interested in joining the ADDF as a volunteer, please send your résumé and cover letter to email@example.com.
Internships (non-scientific)
The ADDF internship program provides college students with hands-on experience in a nonprofit setting. Hours are flexible, though candidates who can commit to working a minimum of 10 hours per week are preferred. As a small organization, students will be exposed to a wide spectrum of experiences, including event/conference planning, proposal writing, marketing communications and prospect research. ADDF internships are unpaid positions, but candidates may receive credit by prior arrangement with their college/university.
Internships (scientific)
The ADDF scientific internship program provides undergraduates, graduate students and postdoctoral trainees with hands-on experience in a non-profit setting. Hours are flexible, though candidates who can commit to working a minimum of 10 hours per week are preferred. As a small organization, interns will be exposed to a wide spectrum of foundation activities, including website development and marketing, scientific literatures reviews, writing scientific reports, and scientific communications. ADDF internships are unpaid positions, but candidates may receive credit by prior arrangement with their college/university. We are seeking eager individuals with a background in science or communications.


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A few weeks ago, my 15 year old brother summoned me into his bass chamber. "Come listen to the new Nero! It's on Zane Lowe right now!" he proclaimed. Naturally, I rushed into the room for several reasons. For one, because I obviously trust Zane Lowe's judgement in music, secondly because Nero is the shit, and lastly because I would never turn down the opportunity to jam with my favorite protege. That was the first time I heard "Promises".
Flash forward a few weeks, and surprise, i'm still rocking out to "Promises", which as it turns out, is the brainchild of both Nero and Sub Focus. Totally worthy of the hype. But then again, what Nero song isn't? In addition to the original, we have some tasty remixes from some heavy hitters, namely Calvin Harris and Skrillex. All I have to say is, these two need no introduction, and they live up to their names with their "Promises" remixes. So sit back and enjoy some bass-y goodness courtesy of Nero and friends. Oh, and one last thing- the vocals are absolutely infectious, and this song will get stuck in your head. Don't say I didn't warn you 😉
Promises (Original)-Nero ft. Sub Focus
Promises (Skrillex & Nero Remix)- Nero ft. Sub Focus
Promises (Calvin Harris Remix)- Nero ft. Sub Focus
And as a bonus I am giving you "New Life", also off the "Promises" EP. It's been getting kind of overshadowed by "Promises", but let me tell you, "New Life" is amazing and different. Don't sleep on this one.
Support Nero by buying their "Promises" EP on Itunes directly from this link, or on Beatport.
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I've just bought an old bike - W.F.Evans (Tourer de Luxe I think...). The front brakes are cantilever Dia Compe X1. I stripped the bike to renovate it, unfortunately I dropped the front brakes and, after collecting the pieces, tried to re-assemble them. They are different to the rears so I can't use them as a template.
I can see how they should fit but there are a couple of bits that don't seem to belong, I assume they're for adjustment somehow. Does anyone have an exploded drawing of these brakes that I can check how everything fits? I only had these front brakes to sort and I could ride it, it's now 11.30 pm so I'm off to bed.
I'd really appreciate some help.


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Danelectro French Fries Auto Wah Mini Effects PedalItem #: MC.DJ24W
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Unrated ( Be the first to review this item )
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Auto wah pedal. Made by Danelectro. (MC.DJ24W)
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French Fries Auto Wah
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Alma Stollerwww.almastoller.com
Fabric, Fiber and Mixed Media Art By NYC artist Alma Stoller.
Andrea Grant's MINX Featuredwww.copiousamounts.com/minx/index.html
The lead female protagonist, Minx, awakes from a coma to a new dimension filled with supernatural wolves, ley lines, and modern day archetypes.
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We are an online art community for all those that love to create. Membership is free and we encourage members to be active in our groups and forums. We have monthly challenges and update our blog regularly. We also offer free art demonstrations, an online ...
Dear Darling Designwww.DearDarlingDesign.com
Mixed media artist from Chicago creating beautiful rock n roll home decor.
Dee's Dream: A Rocking Comic Featuredwww.deesdream.net
Dee Fynch is a poet and a songwriter with a garage band called Dee's Dream. Will this band break the mold or just break up! Find out in this ongoing tale.
Hunky Dory by Diana Morrowhunkydoryshop.com
Check out my online store where you'll find lovely one-of-a-kind mixed media art works to enjoy in your space. Each piece is unique, and reasonably priced, too! Thanks for stopping by!
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La boom {arts + crafts}www.etsy.com/shop/psyboom
I am a graphic designer, born in Athens, Greece, recently moved to a cycladic island, Antiparos. I love graphic design, but I also love making handmade buntings, garlands, tags, favors, invitations etc. Visit my blog! http://laboomeria.blogspot.com/
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Covering the latest and greatest of female comics creators and their works since November 2010.
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A semi-autobiographical diary comic, updating twice a week on Mondays and Fridays! Check in and see what terrible decision I made this week.
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Artisan crafts and handmade trinkets.
renee leigh.reneeleigh.com
sketches and other artworks.
Spirituality & Curlswww.youtube.com/staycurly
My vlog where I discuss a lot of New Age topics, my personal experiences, and show off my curls as a proud, bi-racial, "other" female. Lots of love to you all! xoxo
The Glossy Projectwww.theglossyproject.blogspot.com
The Glossy Project is a blog all about Glossies. What is it?, How do you create a Glossy?, lots of giveaways, tutorials, creative challenges and more. By artist/designer Alma Stoller
The Glossy Projectwww.theglossyproject.com
The Glossy Project is a blog all about Glossies....with lots of tutorials, giveaways, instructions and creative inspiration. By Alma Stoller
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About race, ethnicity, and the universals in life.
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Upcoming Events
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- Filed Under
Some people choose just to get by ? to do a ho-hum job or put forth just enough effort to meet minimum expectations. There's no future in that. Settling for mediocrity is a surefire way not to stand out, not to be singled out for a special achievement, not to exceed.
Before you know it, your teenagers will be looking for a summer job or getting ready for college. Emphasize to them that in pursuit of a new life challenge leading toward adulthood, if they put forth their best effort, they will never be tagged just mediocre.A hard tag to tear off
Mediocre. It's not a label you want your kids to wear. Have you ...


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|Survival and size are differentially regulated by placental and fetal PKBalpha/AKT1 in mice.
MedLine Citation:
|PMID: 20980686 Owner: NLM Status: MEDLINE
|The importance of placental circulation is exemplified by the correlation of placental size and blood flow with fetal weight and survival during normal and compromised human pregnancies in such conditions as preeclampsia and intrauterine growth restriction (IUGR). Using noninvasive magnetic resonance imaging, we evaluated the role of PKBalpha/AKT1, a major mediator of angiogenesis, on placental vascular function. PKBalpha/AKT1 deficiency reduced maternal blood volume fraction without affecting the integrity of the fetomaternal blood barrier. In addition to angiogenesis, PKBalpha/AKT1 regulates additional processes related to survival and growth. In accordance with reports in adult mice, we demonstrated a role for PKBalpha/AKT1 in regulating chondrocyte organization in fetal long bones. Using tetraploid complementation experiments with PKBalpha/AKT1-expressing placentas, we found that although placental PKBalpha/AKT1 restored fetal survival, fetal PKBalpha/AKT1 regulated fetal size, because tetraploid complementation did not prevent intrauterine growth retardation. Histological examination of rescued fetuses showed reduced liver blood vessel and renal glomeruli capillary density in PKBalpha/Akt1 null fetuses, both of which were restored by tetraploid complementation. However, bone development was still impaired in tetraploid-rescued PKBalpha/Akt1 null fetuses. Although PKBalpha/AKT1-expressing placentas restored chondrocyte cell number in the hypertrophic layer of humeri, fetal PKBalpha/AKT1 was found to be necessary for chondrocyte columnar organization. Remarkably, a dose-dependent phenotype was exhibited for PKBalpha/AKT1 when examining PKBalpha/Akt1 heterozygous fetuses as well as those complemented by tetraploid placentas. The differential role of PKBalpha/AKT1 on mouse fetal survival and growth may shed light on its roles in human IUGR.
|Vicki Plaks; Elina Berkovitz; Katrien Vandoorne; Tamara Berkutzki; Golda M Damari; Rebecca Haffner; Nava Dekel; Brian A Hemmings; Michal Neeman; Alon Harmelin
Related Documents :
|2794386 - Matching of maternal and fetal flow ratios in the sheep placenta.
4631426 - Observations of apparent c-type particles in baboon (papio cynocephalus) placentas.
15266306 - Effect of placental function on fatty acid requirements during pregnancy.
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15119786 - Successful surgical removal of fibroma from the uterus of a cow: a case report.
Publication Detail:
|Type: Journal Article; Research Support, Non-U.S. Gov't Date: 2010-10-27
Journal Detail:
|Title: Biology of reproduction Volume: 84 ISSN: 1529-7268 ISO Abbreviation: Biol. Reprod. Publication Date: 2011 Mar
Date Detail:
|Created Date: 2011-02-23 Completed Date: 2011-06-14 Revised Date: 2014-02-20
Medline Journal Info:
|Nlm Unique ID: 0207224 Medline TA: Biol Reprod Country: United States
Other Details:
|Languages: eng Pagination: 537-45 Citation Subset: IM
Export Citation:
|APA/MLA Format Download EndNote Download BibTex
|MeSH Terms
Body Size / genetics*
Embryo, Mammalian
Fetal Growth Retardation / genetics, metabolism, pathology
Fetal Viability / genetics*, physiology
Fetus / metabolism, physiology*
Gestational Age
Mice, Inbred C57BL
Mice, Inbred ICR
Mice, Knockout
Placenta / metabolism*
Proto-Oncogene Proteins c-akt / genetics, metabolism, physiology*
|Grant Support
|232640//European Research Council
Reg. No./Substance:
|EC 184.108.40.206/Akt1 protein, mouse; EC 18.104.22.168/Proto-Oncogene Proteins c-akt
From MEDLINE®/PubMed®, a database of the U.S. National Library of Medicine
Previous Document: Follicular fluid high-density lipoprotein-associated sphingosine 1-phosphate (S1P) promotes human gr...
Next Document: Asynchronous expression of the homeodomain protein CUX1 in Sertoli cells and spermatids during sperm...


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There's a reason we called this behemoth Titan! It's the largest plane we make and puts any paper plane you plan on making to shame. Easy to assemble and completely battery free, the Titan™ can fly one way for distance or you can flip the stabilizer for awesome aerial stunts.
You can fly your Titan on calm days or even in a light breeze. Try experimenting with launches into the wind, with the wind or even with a crosswind for different types of flight.
Need help with your TITAN?visit our support page > download manual (PDF. 107.0KB)
The harder you STOMP, the higher the JetShot Blaster goes – launches like a rocket but soars, glides and loops like a plane.
Glide across incredible distances with the battery powered flight of the Air Hogs Zipwing! Build, toss and experience the thrill of the Air Hogs Zipwing!
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KIDS, get your parent's permission before visiting other sites and NEVER share any personal info about yourself – including your full name, address and phone number and let your parent or guardian handle any transaction.


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When space is tight, the HUMI-CARE Slimline is just right. Thanks to a slim, compact design, this fits nicely into small spaces. Plus, the wider design also ensures a broad, even distribution of humidity. Just a quick dip in some distilled water will get this thing primed and ready to go. Ideal for 25-50-count humidors. For a limited time receive the humidifying power of HUMI-CARE FREE with select online orders!
Spend $99.00 more to qualify for this promotion.


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Archive for Thursday, April 28, 2011
Bicycle bonanza slated for Saturday
April 28, 2011
The second annual Eudora Bicycle Bonanza will be at Eudora Elementary School parking lot on Saturday, May 7. From 10 a.m. to 1 p.m., Eudora students and families can take advantage of free activities, including bike inspections and an obstacle course. Free helmets will be fitted and given out by the Eudora Police Department, while supplies last, to children under age 15.
"This is a great chance for kids and families to come out and have some fun while learning about bicycle safety," said Eudora Schools prevention specialist Chrissy Mayer, who is helping coordinate the event. "There will be information about bike safety, rules of the road and bike trail etiquette."
Event plans include:
- FREE helmets from the Eudora Police Department, custom fitted for children under age 15
- Bike inspections
- Bicycle rodeo course
- Safe ride course
- Lunches for sale from EHS culinary arts students
There also will be a collection point for people to contribute non-perishable food items to the Eudora Food Pantry.
For more information about this event, contact Mayer by e-mail, firstname.lastname@example.com, or at 785-542-4940 ext. 1913.
Use the comment form below to begin a discussion about this content.
Commenting has been disabled for this item.


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iHerb Customer Reviews
Good freebie
4 people found the following review helpful
Posted by FEED-ME-MORE on May 20, 2013
I think that nattokinase overall is very good product for circulation health, but this company Healthy Origins should use less cellulose as additives. Why 2 of them? In longer use they could raise allergies. Why capsule is not from glycerin or gelatin?
3 people found the following review helpful
Posted by MikeMember on Jan 24, 2013
It's hard to review a sample, but I have to write something or I can't submit reviews on the other products on this page... (This system is the only thing I don't like about iherb.com.)
Nice freebie!
2 people found the following review helpful
Posted by eathealthy on Jul 02, 2013
When taken as directed Nattokinase helps the body shed excess fibrin which cleans the arteries. No additives in these capsules either. If you like my review check out my page by clicking eathealthy in blue above to see reviews of all the products I have purchased from iHerb!
I haven't noticed any difference
1 person found the following review helpful
Posted by odereviews on Jan 12, 2013
There haven't been too many new free samples on iHerb lately, and I gave this a go. I haven't noticed any difference after 7 vcaps. If you have tested out all the free samples from iHerb, why not try this yourself?
Posted by 5302943264634277290 on Jan 24, 2013
Good quality product. Fast services and prompt shipment. Thank you iHerb.


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Simply confirm your registered email address below and click "Reset Password." We will immediately email you a link back to the site where you can enter a new password for this account.
We've found your existing KS VIP Club account. Please login below to complete the Facebook login process.
Kevin Hart seeks the approval of Ice Cube. The movie comes out in January.


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Aug 01, 2011 08:15 PM|hemantnaik|LINK
I have installed new windows server 2008 R2 standard edition and on that installed IIS7 which is by default, also configured a web site on port 81 say OT.com have local ip address 192.168.0.1
The website works on server machine, but not accessible from other machine which i tried to access the URL by typing as follows
http://192.168.0.1:81/, which is not accessible from other machines.
Also, hv tried pinging 192.168.0.1 from LAN network machines , comes "request time out"
Need some help on the above problem
Thank you
Aug 01, 2011 08:41 PM|HCamper|LINK
I suggest you look at http://forums.iis.net/t/1180228.aspx thread
and suggestions then look at the video by Scott Forsyth.
Most of your problems are basic networking and IIS Bindings issues.
The video covers examples that should make things clear.
Aug 02, 2011 06:47 AM|hemantnaik|LINK
Hello Martin,
Thank you very much for your response.I have gone through this video and followed the steps, but still i cant able to access the website from other machine which is not a part of the Windows server2008 DC but on same Network (LAN) , but access throught static ip address as http://192.168.0.1
My Binding for the site is as follows
type: http, Ipaddress:192.168.0.1, port:80, host name: nothing
i have created the new rule in the firewall for the inbound traffic to allow the traffic to flow on port 80 , but still it doesnt work
Also as said earlier
I cannot ping the server ip address from client machine
Please i need help
THank you
Aug 03, 2011 10:50 AM|HCamper|LINK
Most of your problems are basic networking and settings use of the Router use of static IP adresses and Host Name.
The only IIS Server change is the Bindings.
The first item to change is Host Name from "Nothing" to something logicial like Machine-Name.
The Host Name is how to find http:// your_server out of the many server(s) that may be present.
The second item to change is the IP Addess the IP Address 192.168.0.1 at port 80
is reserved for many Router as the Administration Web Page and can not be used this way.
The third item is change the Binding to the "Wild Card" which is "*" instead of the 192.168.0.1 .
After you have changed Network Adapter settings and Router Settings you will be assigned
an IP address from the Router as part of DNS operations.
The fourth item to change is the Network Adapter settings for Vista Windows 7 Windows 2008
you can use the Control Panel Network Settings and use properties by selecting
the Network Adapter to use "Wired" "Wireless" and change the IP Address to use IP Address
of the Router or SSID for Wireless Adapter and the type of encryption or security.
The help and diagnostics in the Network Settings section can be used to get the task done.
The fifth item is changing the Router settings at the Administration page
using the Router IP address 192.168.0.1 and logon with your Router Password.
The details for using the Router are in the Manual or Guide in the Router or at the Support site.
General Note: Using IP Adresse(s) in the Private range 192.168.0.1 or 192.168.1.1 will not be
usable at the Router through NAT to the internet for public use to find your server.
Reference: WikiPedia IP Adress use and reserved addresses http://en.wikipedia.org/wiki/IP_address
Aug 07, 2011 04:27 PM|HCamper|LINK
I suggest you look at this http://forums.iis.net/t/1176578.aspx thread
you should remove the static IP Address at 192.168.0.1 it is commonly used by Routers
for Changing settings on the Router.
You can change the IIS Server Binding to IP Address "*" which is un-assigned.
Currenlty your Router can not assign IP Address(s) to your machine.
If you read the thread in the link you need to check Network Adapter settings and Windows Services.


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Gurudev, what is the purpose behind this Creation, Maya (the grand illusion), and the cycle of life and death?
Sri Sri Ravi Shankar:
Do you play cricket?
Do you play cricket?
Now why do you play it? It is so pointless to run with a bat in your hand from one end of the pitch to the other! Why waste so many hours on that? All you do is throw the ball from one place to another on the field. What do you really get by doing this?
(Ans: Gurudev, it is a source of entertainment.)
Yes! Just as you play with the bat and the ball for your entertainment, this entire Creation too is for God's entertainment. This is why the entire Creation and everything in it is said to be God's Leela (a game or a pastime of the Divine).


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Do we sense an ex-lover's spat? Well, that's what's supposedly (read: take with a grain of salt) happening between Katy Perry and ex-husband Russell Brand.
Even though the couple has already divorced after 14-months of marriage, Perry seems to be getting back at Brand by sending him a picture of a half-eaten Big Mac.
As most know, Brand is a strict vegan and was even named PETA's 2011 Sexiest Vegetarian Celebrities, alongside funny gal Kristen Wiig. Apparently, sources have revealed Perry was never happy living a vegan lifestyle and "refused to go along with it." While married, the 36-year-old actor and comedian would cook Perry vegan meals and tried to convert her. She wanted nothing do with veganism, and now she's getting revenge.
While out having drinks with friends, the 27-year-old singer sent some texts to Brand and to get his attention sent the photo of the sandwich with a caption reading "Mmmmm, tasty."
Brand didn't take this lightly and responded with a not so nice four-letter word. You can use your imagination.
In addition to Brand's veganism, reportedly Perry was not happy when her former husband filed for divorce without warning, even though they mutually agreed to the separation.
It doesn't seem like the two will settle their quarrels anytime soon.
About Allyson KoernerAllyson Koerner first found her love of writing while attending Westminster College in Pennsylvania, and that passion evolved while she was earning her Master's in Print & Multimedia Journalism at Boston's Emerson College. She's an experienced writer dabbling in all things vegan, green, entertainment and TV-related. Feel free to keep tabs on her over at Twitter: @AllysonKoerner.
View all posts by Allyson Koerner →


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Julio Manzul is an attentive and thorough OB-GYN serving his patients in Boston. Dr. Manzul is bilingual, speaking both English and Spanish. With a special clinical interest in community medicine, Dr. Manzul's dedication to his community is translated through his contributions to women's health at the Boston Medical Center.
Dr. Manzul attended the Georgetown University's School of Medicine to receive his medical degree. He then completed his obstetrics and gynecology residency at the Beth Israel Deaconess Medical Center. Many of Dr. Manzul's annual gynecological exams and pap smears are completed within an hour. He ensures the comfort and understanding of his patients, and he expands on diagnoses, treatments, and preventative measures.
Overall fantastic Doctor. Really listens.


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New director Ian aims to foster 'exporting explosion'
Posted: January 07, 2014|
A NEW director has been appointed to head up export body UK Trade & Investment in the East Midlands.
Ian Harrison will head up the team based at Apex Court in Nottingham, taking over from Peter Hogarth.
He was previously assistant director for Business, Innovation and Skills in the East Midlands.
Born in Nottingham, Mr Harrison has lived in the area for more than 35 years and has more than 20 years specialist business support experience.
He said: "The East Midlands is an exporting powerhouse and we expect to export more than ever this year.
"The challenge for me lies with increasing the number of companies across the region exporting to meet the national target of getting 100,000 more companies exporting by 2020. Having worked to support businesses across the region for the last 16 years, I am more than well aware of the huge number of innovative and successful firms that are based here, and will be focusing my efforts on converting successful companies into successful exporters.
"I believe that exporting is how we are going to continue to promote the growth of the local economy."
Mr Harrison was assistant director of Business, Innovation and Skills Local from 2011 to 2013.
Before this, he was head of business support and enterprise policy for the East Midlands Development Agency between 2007 and 2011.
He added: "I have worked closely with the region's businesses for a number of years and recognise the challenges and issues faced by firms in the global economy.
"A key focus for me now will be exploring how we can encourage firms to embrace emerging markets.
"While the EU is still the East Midlands' biggest market, growth will come from places such as Vietnam, India and Russia. That's what I'm here to help with – ensuring firms in the region have the support necessary to embrace this.
"Exports are good news in the East Midlands, but we need to push ahead and get our share of some of the more lucrative markets. Our region has many strong, successful sectors – from rail to bioscience to aerospace – and I intend to ensure every business in the region is in line for a share of global contracts."