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Amber Usage
Amber is a package of molecular simulations programs and associated molecular mechanics force fields used for the simulations of biomolecules. The current version is Amber14; Amber12 still exists and can be used by replacing references to amber14 below and in the attached scripts to amber12.
The amber website, http://ambermd.org, includes program descriptions, manuals, FAQ, as well as tutorials to get started with amber. In addition there is an Amber Mail Reflector that you can subscribe to that is a useful forum for the discussion of the use of the software.
Beginning users are strongly encouraged to go through the AMBER tutorials that come with each distribution. They can also be easily accessed at http://ambermd.org
Different builds have been done for each cluster to take advantage of differences in the internode connections. The version for lonepeak is built with mpich2; the others with mvapich2. Both serial and MPI versions exist for the cpptraj, mdgx, MMPBSA.py, sander, sander.LES, pmemd and pmemd.amoeba programs.
- Version: Amber14
- Machine: ember, kingspeak, ash and lonepeak
- Location:
- Ember: /uufs/ember.arches/sys/pkg/amber/amber14/bin
- Kingspeak: /uufs/kingspeak.peaks/sys/pkg/amber/amber14/bin
- Ash: /uufs/ash.peaks/sys/pkg/amber/amber14/bin
- Lonepeak: /uufs/chpc.utah.edu/sys/pkg/amber/amber14/bin
To Use:
Use the interactive programs antechamber and xleap to help create the necessary input files. The example below is for ember; substitute the appropriate path for other clusters.
setenv AMBERHOME /uufs/ember.arches/sys/pkg/amber/amber14
set path = ($path $AMBERHOME/bin)
To get listing of usage options use: antechamber -h
For xleap: once started using the command xleap, entering 'help' gives all commands and 'help <command>' gives a description of the usage of that command. Note that you must make sure that NumLock is not on for the pulldown menus in xleap to properly work.
The ember, ash and kingspeak executables are built with mvapich2; the lonepeak executable with mpich2
Below are links to several simple scripts that can be adapted to run sander to do a minimization of a structure.
- Ember: rnamber_ember
- Kingspeak: rnamber_kp
- Ash: rnamber_ash
- Lonepeak: rnamber_lp


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31 Awesome/Terrible '90s Slow Dance Songsby Tattle Taylor at . Updated at . Comments
Take an awkward walk down memory lane with 31 '90s slow dance songs. Get ready to laugh and relive high school all over again.
Wait! There's more Awesome/Terrible '90s Slow Dance Songs! Just click "Next" below:Next
Was this even written by an adult?
Most of these were truly awful. However, to this day I still love "Amazed." There was some other song on this list that I said didn't really belong either but now I forgot it. Defintely to lazy to go back and look. Also why do i get the impression that this was written by one of those obsessed Nsync fangirls. I will admit to guilty enjoying them in high school along with BSB. However, i never really understood the need for war over the two.
- Tags:
- Music, Photo Galleries
- Related Photos:
- Music Slideshows, Photo Galleries Slideshows
- Related Posts:
- Created by:
- Tattle Taylor
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Hello all,
First time posting here and very new to WP. I'm in the process of creating a video blog site. I've looked at tons of video themes from many of the recommended theme publishers yet I still can't find one that has all the features I'm looking for. Here's what I'm looking for.
1. Video theme that works cross platform: desktop/smartphone/tablet (ie: Adaptive & responsive)
2. Video theme that has ad integration for ALL the requisite sizes (big box, leaderboard, sky scraper etc...)
3. Comes with threaded comments feature
4. Can embed AND upload video.(I'm a bit flexible on this one)
Any help for a newbie trying to make the best decision for my money would be greatly appreciated.


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Tagged: GOVERNMENT DEFICIT
ECB Plans Deficit Monetization
When the euro was introduced more than 15 years ago it was marketed as the rock-solid currency that would beat the sterling, the U.S. dollar and the Swiss franc as the world's safe haven for investors.
Part of the foundation for that ambitious, but not unattainable, goal was the convergence criteria that were supposed to align fiscal policy in all euro-zone countries. Those criteria, which went into effect in 1993, were elevated to constitutional status and still guide fiscal policy in the form of the Stability and Growth Pact. One of the three pillars of the pact was a ban on deficit monetization: the European Central Bank was not allowed to print money to buy up treasury bonds.
During the Great Recession the first two pillars of the Pact have crumbled; now the third one is about to fall apart as well. From the EU Observer:
The euro has begun 2015 at its lowest level in more than eight years, as markets expect the European Central Bank to present plans to buy government bonds in the coming weeks. The single currency was trading at $1.19 on Monday (5 January), its lowest rate since 2006, after ECB president Mario Draghi gave an interview stating that the bank was preparing a programme to buy up government securities in its latest bid to stimulate greater consumer demand and avoid deflation.
Unless the ECB is planning to buy bonds directly from European consumers, there is no direct connection between Draghi's bond purchases and consumer spending. If he is hoping to depress interest rates even further and thereby stimulate consumption, then he has very little to play with. In most euro-zone countries interest rates are plunging toward zero – credit is practically available for free.
The problem is not lack of liquidity. The problem is lack of faith in the future. More on that in a moment. Now back to the EU Observer:
Speaking to German daily Handelsblatt on Friday (2 January), Draghi said the ECB was preparing to expand its stimulus programmes beyond offering cheap loans to banks and buying private sector bonds. "We are in technical preparations to adjust the size, speed and compositions of our measures in early 2015," said Draghi, who will convene the next meeting of the bank's Governing Council, where the support of a majority of its 25 members would be needed for a decision to be taken, on 22 January.
That will be four days before the Greek elections, which could bring the euro-secessionist Syriza to power. Syriza is a leftist hard-liner party with Venezuela's defunct president Hugo Chavez as their political and economic role model. They would not think twice of reintroducing the drachma if they had enough political clout to do it.
By promising to buy up government bonds, the ECB could make a direct appeal to Greek voters – or at least to an incoming Syriza prime minister – that the ECB will buy all their government debt if only they choose to stay in the currency union. That, in turn, will basically give a new Syriza government the bargaining chip they need vs. Brussels to end austerity and return to the spending-as-usual policies that reigned before the Great Depression.
Precisely the situation the Stability and Growth Pact was supposed to prevent.
And again, as always, there is the change in tone among forecasters – the same kind of change that has become so frequent in recent years:
Draghi added that the risk of negative inflation had increased … Eurostat's monthly inflation data to be published on Wednesday is likely to show that prices fell by 0.1 percent in December, the first decline since 2009. … Market analysts are forecasting another difficult year for the single currency bloc, predicting that the euro will continue to weaken against the dollar over the course of 2015, as a result of a combination of very low inflation and weak economic performance. … The eurozone economy is forecast to have grown by a mere 0.8 percent in 2014, and to grow by a meagre 1.2 percent in 2015, well below the US.
Unless there is a radical change in fiscal and welfare-state policies across the euro zone, its GDP won't even grow by one percent for 2015.
A bond-buying program by the ECB won't change that. All it will do is allow governments to return to deficit spending, which is not a desirable alternative to the austerity policies of the past few years. Europe needs structural reforms in the direction of free markets, limited government, low taxes and cheap energy. Nothing else will help.
Deficit Problems in Belgium
Belgium is one of Europe's most troubled welfare states, though its problems have been overshadowed by the macroeconomic disasters along the Mediterranean. Its fiscal problems are older than most EU member states, and it was the first country to attract sociological interest based on the fact that there were families – regular working class families – where three generations were perennially unemployed.
Today, Belgium is attracting interest because of a new report from the International Monetary Fund. The EU Observer reports:
The Belgian government is planning "many welcome measures to address the critical macroeconomic challenges facing the Belgian economy", but it can do more, the International Monetary Fund (IMF) said on Monday (15 December). On the same day Belgian unions organised a general national strike, the IMF presented its findings from a ten-day mission to the country. "The planned reforms of social security and budgetary measures are a step in the right direction", the IMF wrote.
As with other welfare states in Europe, Belgium suffers from disturbingly low growth. As a result, tax revenues cannot keep up with entitlement spending and the budget deficit becomes structural. GDP growth has been as disappointing in the Belgian economy over the past few years as it has elsewhere in Europe (annual growth rates, reported quarterly):
The Great Recession took a big toll on the Belgian government's finances. Its budget went from a 156 million euro surplus in 2007 to a 19.1 billion euro deficit in 2009, equal to 5.6 percent of GDP.
From there, the deficit has declined slowly but steadily, reaching the EU's magic three-percent of GDP mark in 2013. Due to the almost clinical absence of GDP growth, the decline has been accomplished by means of welfare-state saving austerity. As the EU Observer explains, these policies are likely to continue, with some tax reshuffling to spice it up:
The centre-right government of Charles Michel, the first coalition without socialists since 1988, started work in October. It plans spending cuts and increasing the pension age from 65 to 67 by 2030. However, the IMF says that Belgium should also reform its tax system. … when it comes to labour tax, Belgium ranks top with a rate of over 40 percent. The IMF suggests that labour tax should be lowered and compensated with a higher tax on capital.
As the figure above clearly shows, there is no recovery under way in Europe. Belgium is no exception, which makes the IMF advice a problematic ingredient in the Belgian fiscal policy mix. More than anything, Belgium needs tax cuts, not a redistribution of the tax burden. It also needs massive, structural reforms to its welfare-state entitlements system, encouraging work and discouraging indolence. None of this is on the horizon, which makes it a safe bet to predict that the Belgian economy will not return to historic growth levels in the foreseeable future.
French Government Downgraded
Since 2012 I have been predicting that Europe will transition from the downslope of the Great Recession into a state of long-term "stable stagnation" – a state best described as industrial poverty. (I define it here.) For the past 12-18 months GDP and other data have shown that the downslope is ending, and that the state of stagnation now has Europe in a firm grip. Weak signs of an economic recovery in Greece and Spain do not contradict this observation: the two countries hit the hardest by the recession are simply adjusting to the aftermath of some of the hardest austerity policies on record.
One of the characteristics of the crisis downslope was a barrage of credit downgrades of governments in EU member states – and Greece was far from alone here. Spain, Portugal and Ireland suffered five downgrades each, starting in 2009, sending Spanish treasury bonds to the financial junk yard by 2012. Italy was downgraded three times, starting in 2011, and France lost its AAA rating with Standard & Poor in January 2012. In November that year Moody's downgraded France, followed by Fitch in July of 2013 and yet another downgrade by S&P in November last year.
Now Fitch is at it again. After having reduced France to AA+ in July last year the rating institute has now decided to kick the French down another notch. Explains Fitch:
When it placed the ratings on RWN in October, Fitch commented that it would likely downgrade the ratings by one notch in the absence of a material improvement in the trajectory of public debt dynamics following the European Commission's (EC) opinion on France's 2015 budget. Since that review, the government has announced additional budget saving measures of EUR3.6bn (0.17% of GDP) for 2015, which will push down next year's official headline fiscal deficit target to 4.1% of GDP from the previous forecast of 4.3%.
The reason why Fitch focuses on the French government's budget deficit is the prevailing notion that a big deficit is bad for the economy. In reality, the biggest threat is that a deficit will weaken or eventually destroy the ability of government to pay its obligations through welfare-state entitlements. Austerity policies in Europe have been aimed at closing deficits in order to save welfare states from pending default on entitlements: the idea has, simply speaking, been to make the welfare states more "affordable". The affordability is measured in terms of budget balancing – a deficit is taken as a sign that the welfare state cannot support its spending obligations.
It is not entirely clear whether or not Fitch and others factor this into their ratings. The outcome, however, of their analysis is precisely that: a welfare state that is chronically unable to fund its entitlements will sooner or later be downgraded.
This is what has just happened to France. Back to the Fitch report:
The 2015 budget involves a significant slippage against prior budget deficit targets. The government now projects the general government budget deficit at 4.4% in 2014 (up from 3.8% in the April Stability Programme with the slippage led by weaker than expected growth and inflation) and 4.1% in 2015 (previously 3.0%), representing no improvement from the 4.1% of GDP achieved in 2013. It has postponed its commitment to meet the headline EU fiscal deficit threshold of at most 3% of GDP from 2015 until 2017.
And this despite enacted as well as announced increases in the tax burden on the French economy. As I noted a week ago:
In other words, no stronger growth outlook, no sustainable improvement in business investments or job creation. As a matter of fact, a closer look at the measures that Mr. Sapin refers to reveals a frail, temporary improvement that will not put France on the right side in any meaningful macroeconomic category
Even the part of the deficit that the government can reduce is largely due to a reduction in the annual EU membership fee. There is no underlying macroeconomic improvement behind the small deficit decline. With this in mind it is easy to see why the Fitch report expresses concern about the future of the French economy:
The weak outlook for the French economy impairs the prospects for fiscal consolidation and stabilising the public debt ratio. The French economy underperformed Fitch's and the government's expectations in 1H14 as it struggled to find any growth momentum, in common with a number of other eurozone countries. Underlying trends remained weak despite the economy growing more strongly than expected in 3Q, when inventories and public spending provided an uplift.
And, as if to top off the analysis:
Fitch's near-term GDP growth projections are unchanged from the October review of 0.4% in 2014 and 0.8% in 2015, down from 0.7% and 1.2% previously. Continued high unemployment at 10.5% is also weighing on economic and fiscal prospects. The on-going period of weak economic performance, which started from 2012, increases the uncertainty over medium-term growth prospects. The French economy is expected to grow less than the eurozone average this year for the first time in four years.
And that is quite an achievement, given the notoriously weak growth in the euro zone.
Overall, this is yet more evidence of long-term stagnation in Europe. The bottom line: don't ask when Europe will recover – ask what reason the European economy has to recover.
ECB Easy Money Worries Germans
The one good thing about the rising levels of frustration in Europe over the crisis, is that the public debate is being enriched with voices whose message might actually make a difference for the better. Today, a group of leading German economists has decided to speak up against the lax monetary policies of the ECB. This is a welcome contribution, but their contribution would be stronger and more to the point if they also learned a thing or two about what has actually brought Europe into the macroeconomic ditch.
Reports Benjamin Fox for the EU Observer:
The European Central Bank's (ECB) plans to pump more cheap credit into banks risk undermining the long-term health of the eurozone, according to Germany's leading economic expert group. The ECB's "extensive quantitative easing measures" posed "risks for long-term economic growth in the euro area, not least by dampening the member states' willingness to implement reforms and consolidate their public finances", the German Council of Economic Experts (GCEE) said in its annual report, published on Wednesday (12 November).
That monetary expansion is indeed a problem. In September 2014 the M1 money supply in the euro zone had grown by 6.5 percent over September 2013. Over the past 12 months the annual growth rate has averaged 5.86 percent, showing that monetary expansion in the euro zone is actually increasing. In fact, adjusted for the large expansions in M1 euro supply that resulted from an expansion of the monetary union, the current expansion rate appears to be the highest in the history of the euro (though that is just a preliminary observation – I am not completely done with the simulation).
If current-price GDP was growing at the same rate, then all the new money supply would be absorbed by transactions demand for money. But the euro-zone GDP is practically standing still, which means that all the new money supply is directed into the financial sector (theoretically known as "speculative demand for money"). That is where the real danger is in this situation.
Unfortunately, the German economists are not primarily worried that the ECB is destabilizing the European financial system. Their concern is instead that lax monetary policy discourages fiscal discipline among euro-zone governments. They appear to be stuck in the state of misinformation where budget deficits are keeping the euro-zone economy from recovering.
Benjamin Fox again:
The Bundesbank is also uncomfortable about the ECB's increasingly activist role in the bond and securities markets. … But the German call for the Frankfurt-based bank to limit its intervention remains a minority position. Most governments in and outside the eurozone, together with the International Monetary Fund, want the ECB to provide increased monetary stimulus. Last week the Organisation for Economic Co-operation and Development (OECD) also urged the bank to "employ all monetary, fiscal and structural reform policies at their disposal" to stimulate growth in the currency bloc, including a "commitment to sizeable asset purchases ("quantitative easing") until inflation is back on track".
Can any economist at the ECB, the IMF or the OECD please explain how the ECB's money pumping is going to create inflation in any other way than the traditional monetary kind? Nothing in either my academic training as an economist or my 14 years of practicing economics as a Ph.D. gives me the slightest clue how this is supposed to work.
In fact, the only inflation I can see coming out of this would be strictly monetary – and that is not what anyone in Europe wants. Monetary inflation, unlike inflation caused by rising economic activity, can run amok deep into the double digits, as it has in Argentina and Venezuela.
It is good that leading German economists are worried about the ECB's activities. Time now for them to take the next step and study the true structure of the economic crisis.
Europe Trapped in Welfare Statism
Europe keeps struggling with its impossible balanced-budget endeavor.
In a desperate attempt to save the welfare state while also balancing the government budget they keep destroying economic opportunity for their entrepreneurs and households. This leads to panic-driven spending cuts combined with higher taxes, the worst alternative of all routes available to a balanced budget. The reason – and I keep emphasizing this ad nauseam – is that they desperately do not want to remove the deficit-driving spending programs.
To break out of the shackles of their self-imposed welfare-statist version of austerity, some European politicians have suggested that the EU needs to revise the rules under which member states are brought into compliance with the Union's balanced-budget amendment. This is not viewed kindly among the Eurocrats in Brussels. From Euractiv:
The European Commission will not let EU budget discipline rules be flouted, incoming economic affairs commissioner Pierre Moscovici said on Monday (29 September), days after his former colleagues in the French government said Paris would again miss EU targets. Last year, European Union finance ministers gave Paris an extra two years to bring its budget deficit below the EU ceiling of 3% of national output after France missed a 2013 deadline in what is called the 'excessive deficit procedure'. But earlier this month, the French government said it would not meet the new 2015 deadline either and instead would reduce its budget shortfall below 3% only in 2017.
They certainly could meet the deadline, and they could do it even faster than proposed. All they would need to do would be to chainsaw the entire government budget until what is left fits within the three-percent rule. However, they know they cannot do that, for two reasons. The first is simple macroeconomics: so long as you do not cut taxes, any spending cuts will mean government takes more from the private sector and, relatively speaking, gives less back. That reduces private-sector activity and thus exacerbates the recession.
The second reason is that when half or more of the population depend on government for survival, you can only do so many spending cuts before they set the country on fire. The solution is a predictable way out of dependency, one that gives people an opportunity to become self sufficient without suffering undue, immediate financial hardship. That excludes tax hikes and sudden spending cuts – but on the other hand it mandates structural spending cuts that permanently terminate entitlement programs.
However, this solution to their unending economic crisis keeps eluding Europe's policy makers.
French Economy Grinds to a Halt
When do you stop talking about an economy as being in a recession, and when do you start talking about it as being in a state of permanent stagnation? How many years of microscopic growth does it take before economic stagnation becomes the new normal to people?
Since 2012 I have said that Europe is in a state of permanent economic stagnation. So far I am the only one making that analysis, but hopefully my new book will change that. After all, the real world economy provide pieces of evidence almost on a daily basis, showing that I am right. Today, e.g., the EU Observer explains:
France has all but abandoned a target to shrink its deficit, as the eurozone endured a turbulent day that raised the prospect of a triple-dip recession. Figures published by Eurostat on Thursday (14 August) indicated that the eurozone economy flatlined between April and June, while the EU-28 saw 0.2 percent growth.
I reported on this last week. These numbers are not surprising: the European economy simply has no reason to recover.
The EU Observer again:
Germany, France, and Italy … account for around two thirds of the eurozone's output. Germany's output fell by 0.2 percent, the same as Italy, which announced its second quarter figures last week. France recorded zero growth for the second successive quarter, while finance minister Michel Sapin suggested that the country's deficit would exceed 4 percent this year, missing its European Commission-sanctioned 3.8 percent target.
And that target is a step back from the Stability and Growth Pact, which stipulated a deficit cap of three percent of GDP. It also puts a 60-percent-of-GDP cap on government debt, but that part seems to have been forgotten a long, long time ago.
What is really going on here is a slow but steady erosion of the Stability and Growth Pact. Over the past 6-8 months there have been a number of "suggestions" circulating the European political scene, about abolishing or at least comprehensively reforming the Pact. The general idea is that the Pact is getting in the way of government spending, needed to pull the European economy out of the recession.
No such government spending is needed. The European economy is standing still not because there is too little government spending, but because there is too much. I do not believe, however, that this insight will penetrate the policy-making circles of the European Union any time soon.
Back to the EU Observer:
In an article in Le Monde on Thursday (14 August), [French finance minister] Sapin abandoned the target, commenting that "It is better to admit what is than to hope for what won't be." France would cut its deficit "at an appropriate pace," he added in a radio interview with Europe 1. … Sapin's admission is another setback for beleaguered President Francois Hollande, who made hitting the 3 percent deficit target spelt out in the EU's stability and growth pact by 2013 one of his key election pledges in 2012. Paris has now revised down its growth forecast from 1 percent to 0.5 percent over the whole of 2014, and cut its projection for 2015 to 1 percent from 1.7 percent.
Let me make this point again: instead of asking when the European economy is going to get back to growth again, it is time to ask if the European economy has any reason at all to get back to growth. As I explain in my new book, there is no such reason so long as the welfare state remains in place.
Austerity – Theory and Practice, Part 1
Here is the first in a four-part series on austerity, its theory, its application and its consequences:
Socialists Attack EU Stability Pact
In the May European Parliamentary elections voters expressed strong anti-EU sentiment. This sentiment was split into two main channels, one patriotic-nationalist and one socialist. Europe's leftist political leaders have aggressively seized the momentum, emboldened in good part by strong showings in national elections in recent years (Greece, France and Italy to mention three). They are now seeking to set a new tone in Europe's fiscal policy, with the Stability and Growth Pact in their crosshairs.
It is important to understand what this means. The socialist desire to overhaul Europe's fiscal rules are not driven by a concern for the European economy and its permanent crisis. Instead, their goal is to do away with restrictions on deficit spending so they can get back to their favorite political pastime: growing government. They are, however, cleverly using the lack of economic recovery to their advantage.
Before we get to the details of this, let us first note that – just as I have said over and over again – there is no recovery underway in Europe:
Eurozone business activity slipped for the second month running in June, a closely watched survey showed on Monday, with France leading the fall and possibly heading to recession. Suggesting a modest recovery could be stalling, Markit Economics said its Eurozone Composite Purchasing Managers Index (PMI) for June, a leading indicator of overall economic activity, slipped to 52.8 points from 53.5 in May. The data showed that growth remained robust in Germany, despite weakening slightly, but that the downturn deepened in France, the country generating the most worry in the 18-member currency bloc. "Once again, the bad news in June came largely from France," said Holger Schmieding, chief economist at Berenberg Bank. Business activity in France slumped to 48.0 points from 49.3 points, pushing even lower below the 50-point line which marks the difference between expansion and shrinkage of the economy.
France is the second largest economy in the euro zone, with 21.5 percent of the zone's total GDP. It is also the second largest economy in the EU, measured in euros, edging out Britain by eight percent. For this reason alone, a downturn in France is going to affect the entire euro area and, though obviously to a lesser degree, the entire EU economy.
However, as the EU Business story continues, we learn that France is not the only culprit here:
The June PMI rounded off the strongest quarter for three years, but a concern is that a second consecutive monthly fall in the index signals that the eurozone recovery is losing momentum," Williamson said. The currency bloc excluding heavyweights France and Germany "is seeing the strongest growth momentum at the moment, highlighting how the periphery is recovering," he added. Germany's PMI stood well into expansion territory, but at 54.2 points, slightly lower than 56.1 points reached the previous month. "Despite the further drop in the overall Eurozone composite PMI, the index remains comfortably in growth territory," said Martin van Vliet of ING. But the PMI slip "vindicates the ECB's recent decision to implement further monetary easing and will keep fears of a Japanification of Europe firmly alive," he said.
See I told you so. I stand firmly behind my long-term prediction that Europe's crisis is not a protracted recession but a permanent state of economic affairs. Europe is in a permanent state of stagnation and will remain there for as long as they insist on keeping their welfare states.
This is where the surging socialists come back into the picture. The last thing they would do is admit that government is too big. Instead, they are now hard at work to do away with the restrictions on deficit spending that the EU Constitution has put in place, also known as the Stability and Growth Pact. Or, as explained in a story from the EU Observer:
The European Commission and government ministers will re-assess the bloc's rules on deficit and debt limits by the end of 2014, the eurozone's lead official has said. But Dutch finance minister Jeroen Dijsselbloem, who chairs the monthly meeting of the eurozone's 18 finance ministers, insisted that the terms be kept to for now. "All the ministers stressed the importance to stick to the rules as they are now," he told a news conference in Luxembourg on Thursday (19 June). "At the end of the year… we will look at whether we can make them less complex." The EU's stability and growth pact requires governments to keep budget deficits below 3 percent and debt levels to 60 percent. It has also been stiffened in the wake of the eurozone debt crisis to make it easier for the commission to impose reforms and, ultimately sanctions, on reluctant governments. But the effectiveness of the regime has been called into question this week. Germany's economy minister Sigmar Gabriel appeared to distance himself from his country's long-standing commitment to budgetary austerity on Monday, commenting that "no one wants higher debt, but we can only cut the deficit by slowly returning to economic growth." Critics say that the 3 percent deficit limit enshrines austerity and prevents governments from putting in place stimulus measures to ease the pain of economic recession and boost demand.
It is interesting to compare this to statements from the IMF earlier this month. The IMF does not – at least not explicitly – want to give room for expanded government spending. But government expansionism is the underlying agenda when the EU Commission and other political leaders in Europe start questioning the debt and deficit rules if the Stability and Growth Pact. According to the prevailing wisdom among Europe's leftists the Pact has driven austerity which in turn has reduced government spending. While they are correct in that regard, they do not mention that the same austerity measures have increased the presence of government in the other end, namely in the form of higher taxes. They obviously do not have a problem with higher taxes, but to them it is politically more advantageous to point solely at the spending side of the equation.
In short, the new leftist attack on the Pact's debt and deficit rules seeks to cast the rules as not only having damaged the European welfare state but also as preventing future government expansion:
The Italian premier [Democratic Socialist Matteo Renzi] is a key player in delicate negotiations among EU leaders on the next president of the European Commission, who also needs the EP's endorsement. The assembly's socialist group, where the PD is the largest delegation, has expressed readiness to support Merkel's candidate – former Luxembourg premier Jean-Claude Juncker – if he accepts a looser interpretation of EU budget rules. "Whoever is running to lead the EU commission should first tell us what he intends to do for growth and jobs. Rules must be applied with a minimum of common sense," Renzi said last week, while his point man for the EU presidency, undersecretary Sandro Gozi, suggested that the EU had "worried a lot about the Stability Pact", forgetting that "its full name is 'Stability and Growth Pact', not just 'Stability Pact'".
Interestingly, the left has gained such a momentum in their attack on the Stability and Growth Pact that they are beginning to rock support for it even among its core supporters. The EU Observer again:
On Monday, German Vice-Chancellor Sigmar Gabriel echoed Italian arguments by suggesting that countries adopting reforms that are costly in the short term, but beneficial in the long run, could win some form of budget discipline exemption. But his proposal was immediately shot down by Merkel's right-hand man, Finance Minister Wolfgang Schaeuble. Daniel Gros, the German-born director of the Centre for European Policy Studies (CEPS), a Brussels think-tank, thinks Renzi could get his way as long as he delivers on his domestic reform pledges. "If he manages not just to announce them, but also get them approved by parliament and implemented on the ground, he would have a lot of cards in hands," Gros says. He agrees it is a question of reinterpreting, rather than changing EU budget rules.
Renzi has made it clear that he wants to see increased budget flexibility under EU rules, a condition for him to back Jean-Claude Juncker as the next European Commission president. The Italian PM wants productive investments to be removed from deficit calculations. Padoan said this month that reforms undertaken should be factored in the way budget deficits are calculated.
There is no mistaking the confidence behind the left's attempts at doing away with the Stability and Growth Pact, or at least disarming it. So far it has been political kätzerei in Germany to even raise questions about the debt and deficit rules. But as another story from Euractiv reports, that is beginning to change:
German Economic Affairs Minister Sigmar Gabriel has advocated giving crisis-ridden countries more time to get their budgets in order, triggering a debate in Germany and rumours of a divide within Germany's grand coalition over its course for EU stability policy. … "We are in agreement: There is no necessity to change the Stability Pact," said German Chancellor Angela Merkel in Berlin on Wednesday (18 June). The Chancellor and Economic Affairs Minister Sigmar Gabriel deflected accusations on Wednesday that there is a rift within the German government over changes to Europe's Stability and Growth Pact. The two were clear that they are in agreement over the fact that the pact does not need to be altered. Rumours of dissent came on Monday (16 June) after Gabriel said countries should be given more time to fix their budgets in exchange for carrying out reforms, while speaking in Toulouse, France. Countries like France and Italy have been struggling with the strict conditions of the Stability Pact for some time now and continue to call for more flexibility and time. Gabriel's initiative seeks to accommodate these concerns, a proposal that originally came from the family of social democratic parties in Europe. The French and Italian governments are run by parties belonging to this group.
The problem with the left's aggressive assault on the Pact is not that the Pact itself is good. It is not. It is constructed by artificially defined debt and deficit limits with no real macroeconomic merit to them. No, the problem is that the left wants to be able to grow government even more, in an economy that already has the largest government sector in the world. Doing so would only reinforce Europe's stagnation, its transformation into an economic wasteland – and its future as the world's most notorious example of industrial poverty.
IMF Wants to Kill Deficit Rule
Big news. The IMF wants Europe to focus less on saving government from a crisis that government created, and to focus more on getting the economy growing again. From a practical viewpoint this is a small step, but it is nevertheless a step in the right direction.
Politically, though, it is a big leap forward. Two years after the Year of the Fiscal Plague in Europe, the public debate on how to get the continent growing again is beginning to turn in the right direction.
The EU's rules on cutting national budget deficits discourage public investment and "imply procyclicality," prolonging the effects of a recession, a senior IMF official has said. Speaking on Tuesday (10 June) at the Brussels Economic Forum, Reza Moghadam said that reducing national debt piles should be the focus of the EU's governance regime, adding that the rules featured "too many operational targets" and a "labyrinth of rules that is difficult to communicate." "Debt dynamics i.e., the evolution of the debt-GDP ratio, should be the single fiscal anchor, and a measure of the structural balance the single operational target," said Moghadam, who heads the Fund's European department.
Let's slow down a second and see what he is actually saying. When the Great Recession broke out full force in 2009 the IMF teamed up with the EU and the European Central Bank to form an austerity troika. Their fiscal crosshairs were fixed on Greece and other countries with large and uncontrollable budget deficits. The troika put Greece through two very tough austerity programs, with a total fiscal value of eleven percent of GDP.
Imagine government spending cuts of $800 billion and tax increases of $1 trillion in the United States, executed in less than three years. This is approximately the composition of the austerity packages imposed on the Greek economy in 2010-2012. No doubt it had negative effects on macroeconomic activity – especially the tax increases. But the econometricians at the IMF were convinced that they knew what they were doing.
Until the fall of 2012. I have not been able to establish exactly what made the IMF rethink its Greek austerity strategy, but that does not really matter. What is important is that their chief economist, Olivier Blanchard, stepped in and published an impressive mea-culpa paper in January 2013. The gist of the paper was an elaborate explanation of how the IMF's econometricians had under-estimated the negative effects on the economy from contractionary fiscal measures – in plain English spending cuts and tax increases.
The under-estimation may seem small for anyone reading the paper, but when translated into jobs lost and reduction in GDP the effects of the IMF's mistake look completely different. It is entirely possible that the erroneous estimation of the fiscal multiplier is responsible for as much as eight of the 20 percent of the Greek GDP that has vanished since 2008 thanks to austerity.
This means that by doing sloppy macroeconomics, some econometricians at the IMF have inflicted painful harm on millions of Greeks and destroyed economic opportunities for large groups of young in Greece. I am not even going to try to estimate how large the responsibility of the IMF is for Greece's 60-percent youth unemployment, but there is no doubt that the Fund is the main fiscal-policy culprit in this real-time Greek tragedy.
Despite the hard facts and inescapable truth of the huge econometric mistake, the IMF in general, and chief economist Olivier Blanchard in particular, deserve kudos for accepting responsibility and doing their best to avoid this happening again. Their new proposal for simplified fiscal-policy rules in the EU is a step in this direction, and it is the right step to take.
Back to the EU Observer story:
"The rules are still overlapping, over specified and detract focus from the overall aim of debt sustainability," he said. The bloc's stability pact drafted in the early 1990s, and reinforced by the EU's new governance regime, requires governments to keep to a maximum deficit of 3 percent and a debt to GDP ratio of 60 percent. However, six years after the start of the financial crisis, the average debt burden has swelled to just under 90 percent of economic output, although years of prolonged budget austerity has succeeded in reducing the average deficit exactly to the 3 percent limit.
Yes, because that was the only goal of austerity. The troika – especially the EU and the ECB – did not care what happened to the rest of the economy. All they wanted was a balanced budget. The consequences not only for Greece, but for Italy, Spain, Portugal, Ireland, France, the Netherlands, Belgium and even the Czech Republic have been enormous in terms of lost jobs, higher taxes, stifled entrepreneurship, forfeited growth…
I believe this is what the IMF is beginning to realize. The European Parliament election results in May put the entire political establishment in Europe on notice, and the IMF watched and learned. They have connected the dots: austerity has made life worse in Europe; when voters see their future be depressed by zero growth, high unemployment and a rat race of costlier government and lost private-sector opportunities, they turn to desperate political solutions.
When people are looking ahead and all they see is an economic wasteland, they will follow the first banner that claims to lead them around that wasteland. Fascists and communists have learned to prey on the desperation that has taken a firm grip on Europe's families. But the prospect of a President Le Pen in 2017 – a President Le Pen that pulls France out of the euro – has dialed up the panic meter yet another notch.
In short: the IMF now wants Europe's governments to replace the balanced-budget goal with fiscal policy goals that, in their view, could make life better for the average European family. The hope is that they will then regain confidence in the EU project and reject extremist alternatives. I do not believe they can pull it off, especially since they appear to want to preserve, even open for a restoration of, the European welfare state.
EU Observer again:
[Critics] … argue that the [current fiscal] regime is inflexible and forces governments to slash public spending when it is most needed at the height of a recession. "Fiscal frameworks actively discourage investment….and imply pro-cyclicality and tightening at the most difficult times," commented Morghadam, who noted that "they had to be de facto suspended during the crisis." Procyclical policies are seen as those which accentuate economic or financial conditions, as opposed to counter-cyclical measures which can stimulate economic output through infrastructure spending during a recession.
All of this, taken piece by piece, is correct. The problem is the implied conclusion, namely that you can do counter-cyclical fiscal policy with the big government Europe has. You cannot do that. The confectionary measures at the top of a business cycle simply become too large, too fast. The reason is that taxes and entitlements are constructed in such a way that they redistribute income and resources between citizens on a structural basis. If you use this structure as a measure to stabilize a business cycle you will inevitably reinforce the work-discouraging features of high marginal income taxes at the top of the cycle, but you won't weaken work-discouraging entitlements at the same point in time. The combination of work-discouraging incentives then accelerate the downturn.
Long story short, if you attempt to use a modern welfare state is not suited for countercyclical fiscal policy, you will end up with weaker growth periods and stronger recessions. Exactly the pattern we have seen over the past quarter-century or so in Europe, and to a lesser degree over the past 15 years in the United States.
The only viable route forward for Europe – and long-term for the United States as well – is to do away with the welfare state. Until we get there, though, this rule change, proposed by the IMF, would be a small step in the right direction. It would ease the austerity pressure, take focus away from attempts at saving government and putting the political spotlight on the need to restore the private sector of the European economy.
Inflation the New Anti-Deficit Policy
Want some euros? There is plenty of them around, and there is going to be even more. The European Central Bank is considering a massive expansion of money supply to fight deflation, which is undoubtedly the enemy of a recovery. Deflation means that falling consumer prices depress the profitability of today's production and investments. This is the last thing you want to add to the macroeconomic mix in a recession, where profit margins are slim to begin with.
However, the ECB wants inflation for another purpose as well, namely to close the budget deficit gaps that persistently plague Europe's welfare states. This raises two questions:
- How smart is this strategy?
- Even if it was smart, could the ECB provoke inflation just by printing money?
Let's address the latter question first. Printing money does not necessarily help. Consider this chart:
At least in the past four years, Europe has experienced an inverse relationship between the supply of M1 money and inflation. This simple statistical observation raises a few questions regarding the ability of the European Central Bank to boost inflation by printing money. Yet, as this article from The Telegraph explains, the leadership of the ECB does not seem to have any qualms about putting the monetary printing presses to work:
Investors are betting the ECB will cut interest rates next month, paving the way for potential further steps such as a bond-buying programme, after its president Mario Draghi said on Thursday the bank was ready to act in June if updated inflation forecasts merit it, reports Bloomberg's David Ingles.
There was a time when a statement like this from a central bank meant it was ready to act to curb inflation. Now the mindset in central banking is more or less the opposite, with Janet Yellen at the Federal Reserve seeming impervious to the worries about inflation. Admittedly, she has no choice but to continue the Fed's QE program, but at the same time she has a history of talking dovishly about inflation. It is not inconceivable that she, while essentially being forced to continue QE, harbors a secret wish for higher inflation in the U.S. economy. If so, it is not beyond the realm of the probable that if Congress took decisive steps to rein in the federal debt, and thus eliminate a major reason for the Federal Reserve to print money, Yellen would actually continue printing money just to keep inflation up.
Her counterpart at the European Central Bank, Mario Draghi, is apparently also comfortable with trying to provoke inflation. However, both he and Janet Yellen are playing with fire. Once inflation goes beyond a certain point it grows legs of its own.
The Telegraph again:
European Central Bank President Mario Draghi strongly hinted Thursday that the eurozone's top monetary authority could take action next month to counter persistently low inflation and strengthen the recovery … The bank's 24-member rate council refrained from loosening its monetary policy on Thursday. But Draghi said it "would be comfortable with acting next time," in June, when it will have new staff inflation forecasts.
And now for the question whether or not it is wise to use inflation to fight budget deficits. Buried in the article is a statement that appears to come directly from the smoke-filled back rooms in the ECB headquarters:
Low inflation is a concern because it makes it harder for people and governments to reduce debt.
It is a very safe bet that Mario Draghi, just like Janet Yellen, would like to see inflation precisely because of its effect on government revenue. If that is indeed where we are heading, then it means that influential policy makers would use inflation as a third measure to save the welfare state, after taxes and deficit spending. As you move out that scale, from taxes to inflation, the destructive force of the government-funding measure increases. If our policy makers are indeed so married to the welfare state's entitlement programs, then we are in for a long, long ride through a landscape of economic stagnation and industrial poverty.
Not even the United States can withstand the pressure from a growing welfare state if our government resorts to inflation to pay for it.
It remains to be seen if that will happen. We still have pretty strong safety zones between us and the European disaster. Those safety zones are essentially constructed by the absence of the worst forms of entitlement programs (general income security being one of them) and a checks-and-balances government that can still fend of the worst excesses of government expansionism. This may prove enough to protect us from succumbing to a European welfare state, which essentially is a slowly detonating socioeconomic counterpart of the hydrogen bomb.
So far we have survived the – admittedly large – elements of the welfare state that we have had to deal with. However, this does not mean we are immune forever. We need to understand in depth that it was big government, not the financial industry, that brought Europe to its knees. Only then will we understand how futile, irresponsible and outright dangerous it is to let inflation loose in our economy.
If the Europeans want to create inflation, there is nothing we can or should do about it. It would mean that they have made the ultimate choice – the welfare state at all cost – but it does not mean that we must make the same choice.


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Conference set in Orlando, July 12-16. Online registration for franchisees, exhibitors and sponsors is now open for the National Coalition of Associations of 7-Eleven Franchisees' (NCASEF) 39th Annual Convention and Trade Show, scheduled for July 12–16, 2014 in Orlando at the world-famous Walt Disney World Dolphin Hotel. The theme of this year's convention, "Celebrating Franchisees,"
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Eighteen Gas Stations For Lease In New Jersey
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Atlas Oil Transitions Earth Market Operations To Dealers
Atlas continues to maintain ownership of the c-store brand it debuted a year ago. Atlas Oil announced that it has transitioned operations of its Earth Market convenience stores to dealers at the end of January. The Earth Market c-store chain debuted less than a year ago—on Earth Day, April 22, 2013, and expanded to include
Fueling Good Project Helps Pennsylvania Mobile Library
Friends of the Columbia County Traveling Library receives CITGO Gift to broaden reach in rural areas. CITGO Petroleum Corp. has announced the Friends of the Columbia County Traveling Library (CCTL) of Pennsylvania as one of nine winners of the 2014 CITGO Fueling Good Project. CITGO will provide $5,000 in CITGO Gift Cards to CCTL Director/Librarian,
Core-Mark Announces Q4 And Year-End 2013 Investor Call
Core-Mark Holding Co. Inc. plans to release its earnings before the market opens on Thursday Feb. 27, 2014 for the fourth quarter and year ended Dec. 31, 2013 and will host an investor call later that morning at 9 a.m. Pacific time. This call may be accessed by dialing (800) 588-4973 using the code 36474323.
The Pantry Urges Stockholders to Vote for Its Nine Director Nominees
The Pantry advises stockholders to ignore dissident group looking to replace some nominees. The Pantry Inc. announced that it has mailed definitive proxy materials in connection with its 2014 Annual Meeting of Stockholders, in which it urged stockholders to vote for its nine "highly qualified and experienced director nominees." The 2014 Annual Meeting of Stockholders
JEI Inc. And CITGO Recognize Local Charity
Colors for a Cause-Louisiana receives CITGO gift cards for Fueling Good in the Community. CITGO Petroleum Corp. has named Colors for a Cause-Louisiana as a winner of this year's Fueling Good Project. On Feb. 13, representatives from the CITGO Lake Charles Refinery and local CITGO Marketer, JEI Inc., awarded $5,000 in CITGO Gift Cards to
NACS Publishes Latest Assessment of Fuels Market Through 2040
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FastLane Customer Wins KickBack's Annual Grand Prize Giveaway
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ACSI Shows Customer Satisfaction At Retail
Customer satisfaction with Internet dips. Customer satisfaction improves for a third consecutive year for retail, according to a report released by the American Customer Satisfaction Index (ACSI). The retail sector overall gains 1.7% to an ACSI benchmark of 77.9, boosted by higher customer satisfaction with specialty retail stores, supermarkets, drug stores and gasoline service stations.
Eby-Brown Welcomes New Corporate Foodservice Manager
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Jerry Taylor To Retire As MFA Oil CEO
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SNAP Requiring Stores To Provide More "Staple Food"
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Huck's Opens New C-Store in Kentucky
Huck's develops an existing property in Owesboro. Huck's newest c-store opened for business at Southtown Blvd. in Owensboro, Ky. last Tuesday, Feb. 11 and celebrated with a ribbon cutting, SurfKY News reported. The new location marks number 114 for Huck's, which is owned by Martin and Bayley Inc. The store was constructed over the holidays
VP Racing Fuels Named 'Official Fuel' of PDRA
"This relationship with PDRA further demonstrates our commitment to this important segment of drag racing," says VP Racing Fuels director of marketing. The recently formed Professional Drag Racers Association (PDRA) named VP Racing Fuels as the "Official Fuel Supplier" for the all-eighth-mile drag racing series. In addition, VP Racing Fuels will sponsor a Low Qualifier
Casey's Acquiring 24 Stop-N-Go Stores
Sites are located in Minnesota and North Dakota. Casey's General Stores is set to acquire 24 Stop-n-Go convenience stores in Minnesota and North Dakota, according to the (Iowa) Gazette. Of the 24 locations, 20 are located in North Dakota and four are in Minnesota. "This acquisition will be accretive to earnings in the first year
Duchess Shoppe Sponsors Ohio State Men's Basketball Game
One lucky contestant wins free gas for a year. Englefield Oil Co.'s Duchess Shoppe has been a sponsor of the Ohio State Men's Basketball team for the past few years. Fans who attend the games can see the Duchess name flying high on the LED signs, get a Duchess t-shirt or coupon and enjoy the
Maverik Rolls Out Mobile Payment At The Pump
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Couche-Tard Corrects Erroneous News Story
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CITGO Donates To Brainy Camps Association
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PPA Unveils 2014 Training Schedule
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MacNeil Wash Systems Introduces New Regional Sales Manager
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- Eva Sapi, Scott L. Bastian, Cedric M. Mpoy, Shernea Scott, Amy Rattelle, Namrata Pabbati, Akhila Poruri, Divya Burugu, Priyanka A. S. Theophilus, Truc V. Pham, Akshita Datar, Navroop K. Dhaliwal, Alan MacDonald, Michael J. Rossi, David F. Luecke
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Moving to the Santorum issue, I just read a particularly vicious editorial revisiting the Pennsylvania senator's comments regarding homosexuality, sodomy laws and the judicially fabricated constitutional right to privacy. Columnist Gene Collier is indignant that Santorum won't apologize -- presumably for affirming his belief that homosexual behavior is sinful. Collier related that a small group of parents of gay children who met with Santorum in Washington were upset with his attitude, including his lack of contrition.
How dare Santorum not cave to the bullying demands of the vocal minority that he repudiate his faith! That's what we're talking about here. Unless you concede the relativists' premise that no values are superior to any others, you are an intolerant, immoral S.O.B. The problem is that if you truly subscribe to Judeo-Christian ethics, you cannot honestly say that morality is a subjective matter, varying with the preference of every individual. So Collier's real beef, it seems, is not particularly with Santorum, but with all believing Christians and observant Jews who refuse to say God's laws were written in shifting sands rather than stone.
Finally, as to the Bennett matter, it appears the relativists could benefit in several ways. They win if we say that gambling -- even amounts sufficient to put your family at risk -- is not immoral. And they win if we say that gambling such amounts is immoral, because one of the leading spokesmen for virtuous living will thereby be discredited to some degree for having done it -- assuming he did.
The important lesson here is that we do not succumb to the seductive temptation to abandon or dilute our standards, just because events sometimes graphically remind us that none of us can consistently live up to them. Surely even those who reject the God who wrote the Judeo-Christian rule book can recognize, as self-evident, His revelation that we are all sinners.
We must not let the relativists prevail in their relentless quest for a valueless society. They'll try anything -- including turning Scripture, such as "Judge not lest ye be judged," on its head. It requires courage to stand firm for Judeo-Christian values, because those who dare to do so are morally condemned by those who say we have no right to make moral judgments. And they want to talk to us about Bennett's hypocrisy?
Correction: In my previous column, I attributed a quote to Steven Spielberg that was reported in other usually reliable news publications. I have since been advised that Mr. Spielberg did not say the words attributed to him and so I retract that statement and apologize for the error.
"Your Republican Uncle": DNC debuts new website to help slow-witted young liberals talk politics with family on Thanksgiving | Allahpundit
Obama 2013: Assad must go. Obama today: Hopefully Assad won't run for president again. | Allahpundit


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Villa / 3 bedrooms / sleeps 8 Home 327374
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Villa / 3 bedrooms / sleeps 8
|Key Info
The luxurious 3 bedroom and 2 bathroom detached villa is set on one level so is ideal for families with young children (Child and baby equipment provided .. even toys !!) or older family members.
The swimming pool makes ideal for all round use and great for children.
FREE !!!!! WiFi with Full Internet Access. It comes with a security password which we will give to you on your arrival at the villa. We hope that you will find this service extremely useful however we do ask that you do not download excessive amount of material ie films etc as there is a limit of data allowed to be downloaded. The clubhouse area also provides WiFi and has 2 computers available to use.
I have also just had installed a new Satellite system that brings High Definition Television to selected channels. We are told that this system also allows the use of SKY package cards to be inserted into the decoder. This will give you FULL access to SKY PACKAGE that you have at home (ie if you subscribe to SKY at home and you have the movie package or SKY SPORTS package it will work on our TV system if you bring your card out to Spain with you !!
With its covered outdoor dining area, with breathtaking panoramic views across the large golf resort.
A terraced patio area and private, swimming pool and built in BBQ area, everything has been designed for a luxurious relaxing holiday. The villa is south facing for all year round sunshine.
The resort also provides excellent security with gated patrolled entrance/site and perimeter fencing surround for complete peace of mind.
The villa also has built in secuity cameras x 4 for extra comfort.
Further details indoors:
Bedroom 1 - Master Bedroom with en Suite. (Jacuzzi bath,shower, twin sinks, WC & Bidet)
Large king sized bed, French doors to terrace and pool area. (Ample room for cot). Built in wardrobe and side tables and side lamps
Bedroom 2 - Large king sized bed, built in wardrobe and side tables and side lamps.
Bedroom 3 - Twin Beds -
All rooms have air conditioning.
As well as the En Suite bathroom there is also a large shower room with double shower, WC and Bidet.
Spacious lounge with luxury Italian Leather L-Shaped sofa + 2 single leather seats (1 is a sofa bed).
Feature wood burning fireplace for the Winter evenings.
Multiple french doors which open out to the terrace and pool area.
High Vaulted Ceilings.
Full entertainment system with LCD 50" flatscreen TV + Surround Sound, DVD/CD player.
Dining room table and 6 soft chairs.
Baby High Chair
The kitchen is fully fitted with every appliance you would need on holiday including the Large Fridge/Freezer.
There is an outside utility area (housing the washing machine) ideal for drying clothes.
Additional items:
Travel Cot (with extra mattress for comfort) - Upon request.
High Chair - Upon request.
Various baby toys - Upon request.
Playstation 2 and games for the older children.
Having children of our own we know how useful the above items are and saves you all the extra baggage !!
Pool Towels
Further details outdoors:
There is a private driveway that can accommodate 2 cars and ample road parking.
The villa is all on one level making it accessible to everyone (children, Elderly and disabled).
There is a good selection of both covered terrace area and open area for sun worshipers.
Swimming Pool
South Facing Pool/Garden
Built in BBQ with large outdoor dining table and 6 chairs.
4 Sunloungers
Use of 2 sets of Golf Clubs (Small charge, please request further details)
Further details:
Reservation Fee of 25% is payable immediately to secure your booking.
Balance is due 8 weeks prior to your arrival.
A damage deposit of £250 is also due 8 weeks in advance.
Long term rentals are available at a negotiable rate.
We can arrange (at an agreed cost) various extras for you including :
A welcome pack (basic milk, bread etc. to get you started)
Use of 2 sets of Golf Clubs (Small charge, please ask for further details)
Meet and greet service (from San Javier Airport).
Travel Cot (with extra mattress for comfort) - Upon request.
High Chair - Upon request.
If you have any further requests please contact us as I am sure we can help out.
( Smoking free Vila )
( No Pets )
Subject to the villa being left in a satisfactory condition. Subject to the amount of guests.
We do however reserve the right to charge if excessive cleaning is required after your stay*
|Sleeps up to 8, 3 bedrooms
|3 bedrooms, 2 bathrooms of which 1 Family bathrooms and 1 En suites
|Nearest beach
|Mar Menor, Los Alcazares 15 km
|Will consider
|Corporate bookings, Long term lets (over 1 month)
|Car advised
|Nearest travel links
|Nearest airport: San Javier (Murcia) 18 km, Nearest railway: Balsicas 6 km
|Family friendly
|Great for children of all ages
|No pets allowed, No smoking at this property
Features and Facilities
|Internet access, DVD player
|Private outdoor pool (unheated), Children's pool
|Central heating, Air conditioning, TV, Video player, CD player, Safe, Satellite TV, Wi-Fi available
|Kettle, Toaster, Iron, Hair dryer
|Clothes dryer, Dishwasher, Cooker, Microwave, Fridge, Freezer, Washing machine
|1 Sofa beds, Double beds (2), Single beds (2), Cots (1), Dining seats for 6, Lounge seats for 6
|Linen provided, Towels provided, High chair
|Private outdoor pool (unheated), Balcony or terrace, Private garden, BBQ, Swing set
|Secure parking, Suitable for people with restricted mobility, Wheelchair users
The Murcia region
The Costa Calida, "Warm Coast" boasts over 320 days of sunshine a year with an average temperature of 21oC. The local area offers plenty of Sandy Beaches and is ideal for water sports enthusiasts.Mar Menor's beach's are also ideal for families as the water is calm,warm and shallow.There is also a long promenade ideal for walking and cycling.
Shopping: Both Murcia and Cartegena offer excellent shopping facilities including the largest department stores in Spain,El Court Ingles.
Nueva Condominia on the outskirts of Murcia is around 20 minutes away from El Valle with numerous restaurants and cafes,over 200 retail outlets including Mango , Zara, Springfield, etc.It also is home to Saturn the most up to date high tech stockists.There is also a 6 screen cinema and 10 pin bowling.
Water Park & Animal Park: Terra Aqua Murcia and Terra Natura (animal) park opened in 2007 and provides a fun day out for all the family.
The park is just 15 minutes drive from El Valle , on the way to Nueva Condominia.
Football: Real Murcia are currently in the Spanish Premier League (2007/08) season playing teams incl Barcelona and Real Madrid.
History/Culture: Cartagena is steeped in history and well worth a visit. Its best to park at the port and walk around the Medieval town.There are many restaurants and cafes to be found here.
Murcia is a 20 minute drive away it is famous for its Moorish Architecture and impressive Cathedral.Being the capital of the region it offers an excellent selection of shops and restaurants as well as places of interest.The city offers both ancient and modern architecture and is well worth a visit.
El Valle Golf Resort
The El Valle Golf Resort / Polaris World, El Valle area
Whether your planning a relaxing family holiday,romantic break or a golfing trip,El Valle provides it all !
El Valle Golf Resort
A superior quality of life
El Valle Golf Resort was designed to be the most exclusive of the Polaris World Resorts and, today, that has become a reality. This is a resort where space plays a major role and is an essential ingredient for a superior quality of life.
This space is felt throughout the resort, as much inside the properties themselves with their large rooms and high ceilings, as on the outside where the low density construction ensures residents experience the tranquillity of the place as soon as they enter the resort.
Another feature of this resort which makes it particularly attractive is the 18-hole golf course. This is a course which, thanks to the pretty desert valley where it is located, provides visitors with picture book views of outstanding natural beauty.
Space and beauty are essential for the most discerning clients seeking quality of life. However, there is a third feature of all the resorts which Polaris World is most careful to guarantee: the very best range of services to help make their clients' life easier.
El Valle Golf Resort boasts an exclusive Club House with fantastic views of the golf course. It features bars, pubs, restaurants, a golf pro-shop and large lounge areas for visitors to relax in.
Next to the Club House there is a supermarket offering a full range of items as well as a home delivery service for residents of the resort.
El Valle Golf Resort has truly been created to offer a superior style and quality of life to those wishing to give themselves a well-deserved treat.
El Valle is the most exclusive of all the Polaris world Resorts and is nestled at the foot of the spectacular Sierra mountain range.All the Polaris Resorts and facilities are linked by a FREE SHUTTLE BUS which operates throughout the day and evening.Polaris facilities include, Supermarkets,5* Hotels, Spa's, Tennis, Restaurants(for all tastes) Bars(with Sky Sports), Beauty Treatment centres, Banks and shops and of course golf courses....
Nicklaus Golf Trail:
The Jack Nicklaus Golf Trail currently includes El Valle, La Torre, Mar Menor and Hacienda Riquelme with more courses under construction.
El Valle golf course is arguably the finest desert links course in Europe. It is a superb 18 hole Par 71 Jack Nicklaus designed golf course that is a joy to play for both experts and beginners alike.
There are numerous other golf courses within easy reach,however the Polaris Courses in our opinion offer the best in design,and value for money.
........We now have 2 FULL SETS OF GOLF CLUBS available to hire for a small charge (please ask for further details)
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28 Oct 2013
"Excellent Villa and resort"
Beautiful Villa situated in an amazing golf resort The house comes with all mod-cons for a family Very close to amazing beaches like Los Alcazares and a really excellent restaurant opposite the compound.
5 Jun 2013
"Home from Home with sunshine!!!!"
We have stayed on el valle for a few years, this is the first villa we have chosen to go back to. the villa has everything you need and is finished to a very high standard. Having the luxury of your own pool a godsend for the kids ( 10 & 14) A short walk in the evening on the golf buggy path gets you to the clubhouse and bar, there are always children there to keep yours occupied while you enjoy a drink or two!!! The villa looks over the 15th green , so great pit stop when the boys playing golf to stock up on water. Highly reccommended.
14 Apr 2013
"fabulous villa which caters for all. Well located villa."
Villa well situated for club house and also very privately located. Also we were very impressed that the villa had all amenities one could ask for as if we were home from home. Recommend this villa to anyone compared to what I have seen on El Valley.
Many thanks for the compliments on my villa and its splendid to see yet another family having enjoyed there holiday and it being a memorable one too.
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Calendar last updated:03 Nov 2015
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Tel: 01348 811777
Complimentary Dinner : Book any 3 nights during October, November or February and receive a complimentary 2 course dinner on one evening. Reservation by telephone only quoting "3 night complimentary dinner offer" : 07814917920.
Romantic Break: 2 night's accommodation with a Cream Tea on arrival, bouquet of flowers; strawberries dipped in chocolate; and a bottle of chilled Prosecco in room. Rate per couple, inclusive of breakfast is £250 in the Strumble Superior Room or £240 in the Preseli Superior Room. Reservation by telephone only quoting "2 night Special Offer" : 07814917920. Must be paid in advance and is non refundable.
Bed & Breakfast in Pembrokeshire - Stay in one of the best luxury 5* Gold Boutique B&Bs in Pembrokeshire
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For recent reviews click the Verified Reviews box on each page.
We welcome our guests from 4.00pm and preferably before 7pm.
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Hey, I'm Kathy + David!
We originally hail from Ireland and the UK and moved to Australia several years ago to enjoy the wonderful lifestyle it has to offer. We've had the privilage to live in and travel to different parts of Australia, and we are happy to share our experiences and travel tips. We both love the outdoors and we like to keep fit. This generally takes us on long trail runs, bush walks or cycle rides - we are spoilt for choice in Balgowlah!
We both work as creative professionals - Kathy's a successful Architect working in the field of sustainable Architecture, while David is a professional photographer. We are both passionate about what we do and we always have lots of creative ideas!
We love to meet new people and welcome the opportunity to make your stay in Sydney a pleasurable one. We are happy to give you advice on the best places to see locally and further a field, great places to eat and information on any upcoming events.


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Chatter Box Pre-School & Day Care Centre1010 Topsail Rd, Mount Pearl, NL A1N 5E5
- 709-368-0496
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After moving from Grand falls windsor to st.johns for school in 2007 my child was 2 years old and i needed child care. because my mother in law had a child care center in gfw i found it hard because i would compare every preschool to hers ..when i found chatter box preschool we fell in love ...the staff was great and my child still remembers this center with a lot of great memories..i am now ready to send my second child to this center . Denise.
Business Owner ? Response
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May 3, 2012
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Definitions for LITlɪt
This page provides all possible meanings and translations of the word LIT
Princeton's WordNet
literature, lit(adj)
the humanistic study of a body of literature
"he took a course in Russian lit"
illuminated, lighted, lit, well-lighted(adj)
provided with artificial light
"illuminated advertising"; "looked up at the lighted windows"; "a brightly lit room"; "a well-lighted stairwell"
lighted, lit(adj)
set afire or burning
"the lighted candles"; "a lighted cigarette"; "a lit firecracker"
Webster Dictionary
of Light
of Light
a form of the imp. & p. p. of Light
Lit is an alternative rock band, based in Fullerton, California. They released several singles in the late 1990s and early 2000s including their No. 1 hit "My Own Worst Enemy", "Miserable", "Zip-Lock", "Over My Head", "Lipstick and Bruises", "Addicted", "Looks Like They Were Right", and "Times Like This".
British National Corpus
Spoken Corpus Frequency
Rank popularity for the word 'LIT' in Spoken Corpus Frequency: #4044
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Translations for LIT
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Also found in: Legal, Wikipedia.
n. pl. in·an·i·ties
1. The condition or quality of being inane.
2. Something empty of meaning or sense.
n, pl -ties
1. lack of intelligence or imagination; senselessness; silliness
2. a senseless action, remark, etc
3. emptiness
in•an•i•ty(ɪˈnæn ɪ ti)
n., pl. -ties.
1. lack of sense, significance, or ideas; silliness.
2. something inane.
3. shallowness; superficiality.
inanity, inanition - Inanity is intellectual or spiritual emptiness; inanition is the lack of nourishment.
See also related terms for nourishment.
ThesaurusAntonymsRelated WordsSynonymsLegend:
|inanity - total lack of meaning or ideas
meaninglessness - the quality of having no value or significance; "he resented the meaninglessness of the tasks they assigned him"
Total lack of ideas, meaning, or substance:
inanity[ɪˈnænɪtɪ] N (= quality) → necedad f, fatuidad f inanities (= inane remarks) → estupideces fpl, sandeces fpl
inanity[ɪˈnænɪti] n → ineptie f
n → Dummheit f; (of suggestion also) → Hirnverbranntheit f