text:
Call Toll Free for Questions
and Reservations
Ramble up Las Ramblas and through the zesty Iberian peninsula, from Barcelona to Lisbon, Salamanca to Madrid. Enjoy delicious paella in Valencia, see the troglodyte cave dwellings at Guadix and the medieval quarter of Lisbon with its Belém Tower.
Welcome to Barcelona. After meeting with your Travel Director, you might like to explore Spain's most cosmopolitan city.
Your Local Specialist shows you the sights including Gaudi's Sagrada Familia, the Ramblas, Plaza Catalunya and spectacular views of the city from Montjuïc. Enjoy free time to explore the city or join an Optional Experience to Montserrat.
Drive through orange groves to Peñíscola and see the ancient castle used in the film 'El Cid'. Continue through the 'huertas' to sunny Valencia, the third-largest city in Spain, where your orientation includes the Town Hall, the Bull Ring, the Towers of Serrano and Quart, the cathedral and the modern 'City of Arts and Science' designed by renowned architect, Santiago Calatrava. This complex is also featured in the George Clooney movie Tomorrowland.
Travel southwest across the 'sierras' to view the cave houses at Guadix. Take pictures of the troglodyte dwellings and then cross the jagged Mora Pass to Granada.
This morning there is time to explore the city or participate in an Optional Experience suggested by your Travel Director. Arrive later on the famous Costa del Sol for free time or consider an excursion to one of the famous hilltop villages.
Enjoy a scenic coastal drive past Marbella to La Linea. Cross to the Rock of Gibraltar, where you have the chance to see the famous Barbary monkeys and possibly visit the cave of St. Michael. Then continue through spectacular Andalusian countryside to Seville. After dinner at your hotel tonight you might like to experience a fiery flamenco show.
Admire the great monuments and sights of Seville with your Local Specialist on your included morning sightseeing tour. View the pools and pavilions in Maria Luisa Park, constructed for the 1929 Exposition. Explore the city at your own pace or join an Optional Experience to visit the elegant Moorish Alcazar and famous exhibition site of Plaza America. Tonight, you might like to sample some traditional tapas.
Drive to the Portuguese border then continue past the cork trees of the Alentejo region. From here travel via Setúbal to the capital of Portugal, Lisbon, a great seafaring city situated near where the Tagus River flows into the Atlantic Ocean. Tonight consider a traditional Portuguese dinner with music.
See the Hieronymite Monastery and the medieval quarter of the city before taking in views of the Belém Tower on an included sightseeing tour with your Local Specialist. Then time at leisure to maybe take an Optional Experience to Sintra and the coastal town of Cascais.
A scenic drive north through the magnificent Serra d'Aire Mountains brings you to the Shrine at Fátima, site of celebrated religious miracles. Cross the border back into Spain and arrive later in Salamanca where you view the Plaza Mayor during your orientation tour.
Your journey continues through the Sierra de Guadarrama Mountains to Madrid, Europe's highest capital city. This afternoon your Local Specialist shows you all the sights including the Royal Palace, the Puerta del Sol and the Cervantes Memorial in the Plaza de España. This evening why not visit one of Madrid's many fine restaurants where you have the chance to try some of the local dishes?
An entire day to explore the city. You might like to visit the Prado Museum, watch the street artists on Plaza Mayor or join an Optional Experience to the medieval city of Toledo, the ancient capital of Castile. Tonight dine with your companions as you celebrate a memorable vacation.
Say 'adios' to your companions after a wonderful vacation. Airport transfers are available. Conditions apply.
12 buffet breakfasts, 4 three course dinners.
|Depart Date
|Return Date
|7 Apr 17
|20 Apr 17
$1,475 pp
|14 Apr 17
|27 Apr 17
$1,495 pp
|21 Apr 17
|4 May 17
$1,495 pp
|28 Apr 17
|11 May 17
$1,495 pp
|5 May 17
|18 May 17
$1,495 pp
|12 May 17
|25 May 17
$1,495 pp
|19 May 17
|1 Jun 17
$1,495 pp
|26 May 17
|8 Jun 17
$1,495 pp
|2 Jun 17
|15 Jun 17
$1,495 pp
|9 Jun 17
|22 Jun 17
$1,495 pp
|16 Jun 17
|29 Jun 17
$1,495 pp
|23 Jun 17
|6 Jul 17
$1,495 pp
|30 Jun 17
|13 Jul 17
$1,495 pp
|7 Jul 17
|20 Jul 17
$1,495 pp
|14 Jul 17
|27 Jul 17
$1,495 pp
|21 Jul 17
|3 Aug 17
$1,495 pp
|28 Jul 17
|10 Aug 17
$1,495 pp
|4 Aug 17
|17 Aug 17
$1,495 pp
|11 Aug 17
|24 Aug 17
$1,495 pp
|18 Aug 17
|31 Aug 17
$1,495 pp
|25 Aug 17
|7 Sep 17
$1,495 pp
|1 Sep 17
|14 Sep 17
$1,495 pp
|8 Sep 17
|21 Sep 17
$1,495 pp
|15 Sep 17
|28 Sep 17
$1,495 pp
|22 Sep 17
|5 Oct 17
$1,495 pp
|29 Sep 17
|12 Oct 17
$1,495 pp
|6 Oct 17
|19 Oct 17
$1,495 pp
|13 Oct 17
|26 Oct 17
$1,495 pp
Price is per person and is based on two people sharing a twin bedded room. Single rooms are available at a supplement.
Single Room Supplement: from $430.
Gratuities: Option to pre-pay gratuities for Travel Director and Driver $93 per person.
Airport transfers: On arrival at Barcelona Airport transfers will operate at 9:30 am, 12 pm and 2:30 pm. Guests arriving later should make their own way to the hotel. Return transfers on the last travel day will arrive at Madrid Airport at 8:30 am and 11 am.
Important Visa Information: Visas may be required for this trip.
AARP Members are entitled to an exclusive Member Benefit Discount on all Grand European Travel vacations. Plus receive a free travel gift! Call Toll Free: 1-866-847-3858 for details.
Past Travelers: Save an additional 5% off the Land Only price of the vacation.
The currency in Spain and Portugal is the Euro (€). While it's a good idea to bring some money for when you first arrive, you'll usually find a better exchange rate in your destination. The most convenient way to obtain cash is to use your ATM card at local banks in Spain and Portugal. We recommend you also bring a valid credit card for purchases while you are traveling. It is important that you inform your financial institutions of your travel plans before you leave home so they don't flag your purchases as potentially fraudulent charges.
Spain offers a delicious selection of cured hams, chorizo sausage, seafood, cheeses, and more. Try traditional dishes such as tortilla española (Spanish omelet), paella, and desserts such as flan, churros, and Catalan cream. For a quick lunch at a reasonable price, stop by a café or food cart for a bocadillo, a traditional Spanish sandwich made with baguette-style bread, ham and cheese. In the evening, try a selection of tapas – small bites served in bars and restaurants that can be enjoyed as an appetizer or a meal.
With Portugal's long coastline, seafood is featured prominently on their menus. Popular dishes include sopa de mariscos (a shellfish soup) and bacalhau (dried codfish), and Portuguese grilled chicken prepared with chili, garlic and olive oil. For dessert, don't miss out on the famous pastéis de nata custard pastry or arroz dolce (rice pudding) and a glass of port wine.
We suggest bringing a variety of lightweight clothing items that can be layered to save space in your suitcase. This will also give you many options for how to dress in Spain and Portugal's varying climates. It's a good idea to bring a lightweight scarf to wear at religious sites and in the evening when temperatures cool off. For more helpful information please refer to our Packing Tips & Packing List.
Tipping in Spain and Portugal is much less common than in the U.S. When dining out, it's appreciated, although not required, to leave a few extra euros for your server, and up to 10 percent for particularly good service. Leave your tip on the table rather than adding it to your credit card slip to ensure that your waiter receives it.
At the end of your guided vacation, it's customary to offer your motor coach driver and Travel Director a gratuity. We recommend €3.00 per person/per day for your driver and €5.00 per person/per day for your Travel Director. Recommended gratuity for a Local Host and Local Specialist is 1-2 euros per person, paid at the conclusion of each guided visit. A convenient option is to prepay your tips before your departure.
Baggage on our trips is restricted to one large suitcase per person with dimensions not exceeding 30x19x10 inches and a maximum weight of 50 pounds. You are also permitted one piece of hand luggage, which should be small enough to fit under your coach seat or on the small overhead shelf compartment. Please note that luggage with an adjustable handle and wheels will not fit in the overhead compartment of the coach. Hotel porterage is included in your vacation.
You will need to be comfortable on your feet, walking and standing for up to three hours in various weather conditions. All of our vacations involve walking, often on cobblestone and uneven surfaces in historic city centers. In order to get the most out of your vacation you need to be able to comfortably walk 1-3 miles unassisted in one day, be in good condition and be able to keep pace with the group.
If you need any medications, it is important that you bring enough to last you the whole trip and keep them in your carry-on bag while you travel.
We highly recommend our optional Travel Protection Plan, which allows you to cancel for any reason up to 48 hours before departure. The plan also includes trip interruption, baggage loss or delay, and medical and emergency assistance. Click here for a summary of coverage details, terms and conditions.
Receive the latest news, announcements, special offers, and more on Grand European Travel vacations! Simply fill in the form below and submit to be added to our mailing list.Sign Up #0072bb


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Hey Sgt, I seem to be getting Vertex File errors whenever I'm playing on Evocity maps. Any idea on what I can do to fix it?
Hey man, I left you a message. I want to buy something from you. You probably won't respond but I will pay well.
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I learned that you are the creator of the map Evocity V33X .
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Where can i download evocity v4b1?
The SVN is down because Google Code retired. That's why LW and TDM switched over to Source Forge SVN.
Everyone is pointing out that the Sickness Models SVN is 404ing and needs to be fixed. Personally, I don't see why you wouldn't pause Evocity 3 to fix this, then no one would bug you about it. Could you fix that, please?
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text: Services and facilities at the hotel include a safe, a currency exchange service, a restaurant, a bar, a babysitting service and a business centre. Each of the rooms is appointed with air conditioning and a bathroom. A safe and a minibar are also available. A fridge and a tea/coffee station ensure a comfortable stay. A telephone, a TV and WiFi (no extra charge) add to the comfort of the holiday. Guests will also find slippers in their rooms. The accommodation units include a bathroom with a shower. A hairdryer and bathrobes are provided for everyday use. The hotel offers attractions including sport and entertainment opportunities. The hot tub is the perfect place to relax. The accommodation offers massage treatments (for a fee) to travellers. Copyright GIATA 2004 - 2016. Breakfast can be booked. The following credit cards are accepted at the establishment: American Express, VISA and MasterCard.


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1 Pet Care Job Found
Cat visits
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Need a cat sitter with experience and ability to appropriately escalate medical care as needed. Needs to be an animal lover. Would like a sitter to visit with the cat in my home twice daily on weeks I am not here for 1-2 hours total. Needs to ensure that the cat is fed and the litter is cleaned. My... More


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Warts such as common or plantar warts are very common, especially among children. It is an overgrowth of cells that usually appear on the hands, feet, and near the nails. Warts are harmless growths but tend to be quite painful, especially plantar warts. There is also another kind of warts, the genital wart, which is a bit less common. They are sexually transmitted and even more contagious than plantar warts.
- How do people get warts?
- What foods can help prevent warts?
- What about supplements to avoid getting warts?
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- What are the essential oils that may be used?
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- What about external treatments to get rid of warts?
How do people get warts?
Warts are contagious; you get them from a virus called the papilloma virus.
- Abrasion, friction, and repeated injuries make you skin more susceptible to warts.
- If your body's resistance is weak when you take immuno suppressant medication for instance, it is harder to fight against this virus.
What foods can help prevent warts?
- Eat foods rich in zinc to help heal the skin and boost your immune system
- Increase foods rich in sulfur: asparagus, eggs, citrus fruit, garlic, and onions.
Avoid foods that deplete your body of essential nutrients, such as saturated fats, fried foods, simple carbohydrates, etc. Drink lots of water to cleanse your body.
What about supplements to avoid getting warts?
- Vitamin A and E heal the skin and strengthen the immune system. They can also be applied externally on the wart.
- Vitamin B is important for normal cell growth
- Vitamin C is antiviral
- L-cysteine provides sulfur
- Zinc is healing and antiviral
- Silica is a good nutrient for the skin
How to get rid of warts with herbal remedies?
- Plantain ointment helps to dry warts.
- Swedish bitters can be applied topically several times a day.
- Colloidal silver can be used internally or externally as a natural antibiotic.
- Aloe vera gel is antibacterial and antiviral and can be an effective remedy for warts.
- Black walnut tincture, tea tree oil, and oregano oil dry out warts and can be applied several times a day.
- Dandelion juice can also be applied on warts.
What are the essential oils that may be used?
- Cinnamon
- Cypress
- Frankincense
- Jasmine
- Lavender
- Lemon
- Oregano
Cautious: Essential oils should not be taken internally and extreme caution should be used with oils during pregnancy. Please consult a qualified aromatherapy practitioner before using essential oils.
Any homeopathic remedies for warts?
- Antimonium crudum for plantar warts
- Dulcamara for hand warts
- Causticum for face warts
- Nitric acid for warts that bleed easily
- Thuja for soft warts
Please seek the advice of a homeopath for better results
Are there tissue salts that are used to treat warts?
The most common tissue salts for warts are:
- Kali mur
- Nat mur
- Nat sulph
What about external treatments to get rid of warts?
When using external therapy, apply on the wart only, to avoid burning the surrounding skin
- Do not touch the wart as it is very contagious
- Do not cut or burn it off yourself
- Garlic can be applied for 24 hours with a bandage. It is an effective antibacterial remedy.
- You can apply duct tape over the wart (max 2 months) and change it regularly (be careful of any allergic reactions)


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Hot Holiday Happenings!
Leave all the cooking and dirty dishes to us! Bring your family and friends and enjoy Christmas at Casablanca.
Festive Christmas Buffet in Bogey's Grillhouse
Friday, December 25, 2015
11:00 am to 4:00 pm by reservation only
$34.95/adult, $17.50/child (3-10 yrs)
This Holiday Buffet features five fresh and tasty Salads, an Antipasto Bar with Cheeses, grilled Vegetables, smoked Meats and chilled Seafood, slow roasted Turkey, Prime Rib, Salmon, Maple Cinnamon Glazed Ham, Pasta, Vegetables, Fruits, Waffle Station and decadent Desserts. See our Full Menu below.
Potato and Egg Salad with Chives
Mediterranean Pasta Salad
Marinated Sweet Seven Bean Salad
Crisp Winter Green Salad with House Made Dressings
Curried Baby Shrimp Rice Salad
Artisan Cheeses
House Made Breads
Grilled and pickled Vegetables
House sliced Smoked and cured Meats
Chilled Seafood
Slow roasted Turkey
Holiday Stuffing and Housemade Cranberry Sauce
Hand Carved Prime Rib of Beef au Jus
Baked Salmon Fillet in Lemon Dill Cream
Maple Cinnamon Glazed Ham
Rustic Yukon Garlic and Sweet Mashed Potatoes
Medley of Winter Vegetables
Fusilli Pomodoro
Cheese Tortellini in Rose Sauce
Assorted Festive Desserts
Fresh Fruit
Waffle Station with Berry Preserves and Whipped Cream
Breakfast Pastries
Served with Soft Drink, Coffee or Tea
Plated Christmas Meal in Panorama Restaurant & Wine Bar
Friday, December 25, 2015
12:00 pm to 5:30 pm by reservation only
$44.95/adult, $21.95/child (3-10 yrs)
Roast Butternut Squash Soup
• Winter Green Salad with dried Cranberries and Walnuts in Pumpkin Cinnamon Vinaigrette
• Baby Spinach Salad with Strawberries and Pecans tossed in our House Made Honey Mustard Dressing
• Slow roasted Turkey with traditional Sage Bread Dressing and Cranberry Sauce
• Maple Cinnamon Glazed Ham
• Prime Rib of Beef with Yorkshire Pudding
• Pan Seared Fillet of Salmon with Bourbon Glaze
• Grilled Vegetable Strudel with Goat Cheese and Pesto Cream Sauce
Entree accompanied by fresh seasonal Vegetables and Chef's Choice of Potato
• Warm Pear and Sticky Toffee Pudding
• Double Choclate Raspberry Cheesecake
• Mocha Almond Crème Brulee with Ginger Shortbread
Served with Coffee, Tea or Soft Drink
Call us or email to make a reservation.
905-309-7171 or 1-877-446-5746
Space is limited


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Already Registered? Check your ISPPD Membership no. click here
Life Members can update their Postal address, email Id, Mobile no. by sending a email to firstname.lastname@example.com or what's app/ SMS to +91 9669122234.
This is the prestigious and all awaited event for all the professionals working for Cleft and Craniofacial Anomalies, which happens every 4 years in different continent. The congress provides a platform for all voices involved in cleft and craniofacial care and keeping this in mind, the theme of this congress has been drafted as: Think, Treat and Teach. For more information on www.cleft2017.org
ISPPD is an active National Member Society of International Association of Pediatric Dentist (IAPD).
For the year 2015 Award has been conferred to Dr. Ashima Goyal, PGIMER, Chandigarh on 10/10/2015 during 37th ISPPD National Conference held at Raipur.
This Prestigious Award has been bestowed on Dr P. Sudha during inaugural ceremony of 37th ISPPD National Conference held at Raipur on 09/10/2015.
Dr Aditi Kapur has been awarded with Young Pedodontist Award for the year 2014 on 09/10/2015 during 37th ISPPD National Conference held at Raipur.
Prof (Dr) Haalaswamy Kambalimath
Hon. General Secretary, ISPPD
A-68, Exotica Villas, Near Asaram Bapu Tiraha,
Airport Road, Bhopal- 462036, Madhya Pradesh,INDIA
Contact: +91 9669122234 | firstname.lastname@example.com


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46 years of experience
Accepting new patients
6551 Loisdale Ct
Springfield, VA 22150 Phone number & directions
Patient Reviews
Patient Reviews ? Write a Review
Overall Rating:
Total Ratings
Total Reviews
20 years ago I saw Dr. Wood for about a year. He was astute in diagnosis, always listened to me, and helped me get back on track in life and in health. He was very kind. I was sorry to read of his passing and send my condolences to his daughter and the rest of his family.
Psyciatrists, esp. those that treat children and adolescents, are in great demand in Springfield, VA. Their potential liability is high and as a result there just aren't enough of them. It is a disaster for us, and I think for the entire community, that Dr. Woods as been temporarily sanctioned and can not practice. My son can't find another psychiatrist who has an opening to see him in order to prescribe his antidepressants. He is facing having to undergo SSRI withdrawal and the terrible depression and incapacitation that will ensue. Dr. Wood is NEEDED in this community! He is excellent with medication prescribing and fills a huge need in that area. We miss Dr. Wood and are facing a terrible time w/my son due to his license being temporarily suspended. This is really affecting our lives and our family.
Excellent in diagnosing problems withmy daughter -- great communication directly & throu staff with follow up Very professional and understandin
His job is to figure out what medications the patient should take based on their diagnosis. If you or your children are under the care of a psychiatrist, they should, without a doubt, also be under the care of a psychologist/counselor/therapist. Further, he's one of the few psycho- pharmacologists in the area that accepted most insurances. He's highly regarded by his peers, which speaks volumes. To the person who claims he mis-diagnosed their son incorrectly. My daughter was diagnosed with three different conditions by three different psychiatrists. This is not uncommon. If you aren't happy with the diagnosis, see another doctor, and keep seeing other doctors until they give you the diagnosis you're looking for. I have no doubt that his license will be reinstated once he has his day in front of the board.
He is a psycho-pharmacologist. He does NOT actually spend time with your child. We brought my son to Dr. Wood when he was about 6 years old thinkng that he suffered from ADD. After about a 10 minute meeting with us and barely talking my son, we left with a prescription in hand. After we brought up concerns to him about my son's behaviors, Dr. Wood, rather than actually talking with my son, just changed his meds. My son's physical appearance at age 12 was that of a 8-9 year old due to the meds Dr. Wood kept prescribing. He had the social skills of that 8-9 year old as well. We decided to enroll him in a social skills class for kids with ADHD with a pyschologist. We, were then informed that my son did not suffer fron ADHD, but from Asperger's. We took him off the meds that Dr. Wood had been "experimenting" with my son. He began to flourish. He put on 40 pounds and grew a foot and a half with in a year. When folks ask us about the transformation, we tell them that we stopped seeing Dr. Wood. Silly us, we thought Dr. Wood had our son's best interest at heart.
I've been a patient for 10 years and am surprised by Dr. Wood's suspension. Does anyone know where I can obtain public information relating to the lawsuit and/or suspension of license? Thank you.
My daughter who is now 14 has been seeing Dr. Wood since she was 5 or 6 years old. The bond she had with Dr. Wood was so great that we has her parents knew that if we called Dr. Wood was there to help us get her back on the right track. I don't know what we will do with out him.
Dr. Wood has been treating my son for almost five years. I was completely shocked when I called to confirm the appointments and was told his license was suspended. We have had nothing but a positive experience with Dr. Wood and my son really likes him. His knowledge of the current treatments and changes in the field of ADD/ADHD, in the are of pediatrics especially, is exceptional and we have had huge success in his management of our son's care.
I have been seeing Dr. Wood for 15 years and he has been super helpful in keeping me going! I am the mother of the 29-year-old who attempted suicide at 14. Dr. Wood was the only doctor who could see that she was really only a cutter. Although it's a little mind-blowing, I am not put off by the subject of his lawsuit. He is as human as everybody else. I would gladly return to him if he gets his license back.
I have been seeing Dr. Wood since my suicide attempt at age 14. Dr. Wood saved my life, I am 29 now. I read all the public information about the lawsuit and I am still thankful to him for everything he helped me with, and I hope he can continue to be my doctor when this is all over.My opinion about Dr. Wood remains unchanged.
Dr. Wood is an amazing doctor. I have been seeing Dr. Wood for about 16 year and he is the best. Dr. Wood helped me through some very difficult situations. If it wasn't for him, I wouldn't be here today. I trust Dr. Wood with my life and has always been then when I needed him. He has rules and guidelines that patients need to pay attention to when it comes to refilling your medication. Accepting responsibility for your meds is part of your therapy. I have the utmost respect for Dr. Wood and know that he knows what he is doing. He is the best in the mental health field and I even took my children to him. I'm a Momma Bear when it comes to my children, even now and they have moved out and on their own. I will continue to see Dr. Wood once this mistaken law suit has been dismissed. He will always be #1 in my book.
Dr. Wood is excellent at what he does. My son and I have been his patients for many years. It is clear that he does not practice psychotherapy and on his web-site it states that he is a psycho-pharmacologist. This doctor will manage your medication needs but for therapy you must find a separate counselor. However, he is very gentle and has always been respectful and caring.
Dr Wood gave my life back to me. I've seen him for over 10 years and the change in my perspective is dramatic. He stuck with me for several years while we tried to find a combination of medications that would address my major depression. Finally we found the "right" combination and my entire outlook is fresh and bright. No more thoughts of suicide. He keeps well informed about psychiatric medications.
Knowledgeable, keeps up with new meds, good interactions with the teens.
I have never felt so betrayed by a medical "professional" in my life. To make this a short story, I have been without my anti-anxiety prescription for over a week because he simply could care less about his patients. I still have yet to talk to him, his staff has been rude, not to mention I do not believe they should be permitted to work in any office setting since they cannot return your calls, remember your pharmacy, your phone number, or even what medicine you are prescribed to. I have called the office multiple times, and even called his "emergency" hotline. All of my attempts have been dismissed, even when I have been in tears while talking to his staff. All I need is a refill, and it seems as though I am asking him for an arm or leg. I am physically in pain, due to the fact I have been without any medication in a week, and I have not been able to function in a normal manner. His "care-less" attitude has seriously disrupted my life in the past week.
Brought my child for a full eval expecting a 1 hour appt. I was told that wasn't needed because I had also seen him in the past and my patient history counted for much of the visit. I ended up seeing him for about 20 mins. He asked some questions and prescribed meds for my daughter. No diagnosis was clearly given. The office staff was unreponsive when I needed assistance with the meds. Overall- would not recommend.


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Most Cited The Quarterly Review of Economics and Finance Articles
The most cited articles published since 2011, extracted from Scopus.
Financial development and economic growth: New evidence from panel dataM. Kabir Hassan | Benito Sanchez | Jung Suk Yu
Volume 51, Issue 1, February 2011, Pages 88-104
This study provides evidence on the role of financial development in accounting for economic growth in low- and middle-income countries classified by geographic regions. To document the relationship between financial development and economic growth, we estimate both panel regressions and variance decompositions of annual GDP per capita growth rates to examine what proxy measures of financial development are most important in accounting for economic growth over time and how much they contribute to explaining economic growth across geographic regions and income groups. We find a positive relationship between financial development and economic growth in developing countries. Moreover, short-term multivariate analysis provides mixed results: a two-way causality relationship between finance and growth for most regions and one-way causality from growth to finance for the two poorest regions. Furthermore, other variables from the real sector such as trade and government expenditure play an important role in explaining economic growth. Therefore, it seems that a well-functioning financial system is a necessary but not sufficient condition to reach steady economic growth in developing countries. © 2010.
Long memory and structural breaks in modeling the return and volatility dynamics of precious metalsMohamed El Hedi Arouri | Shawkat Hammoudeh | Amine Lahiani | Duc Khuong Nguyen
Volume 52, Issue 2, May 2012, Pages 207-218
We investigate the potential of structural changes and long memory (LM) properties in returns and volatility of the four major precious metal commodities traded on the COMEX markets (gold, silver, platinum and palladium). Broadly speaking, a random variable is said to exhibit long memory behavior if its autocorrelation function is not integrable, while structural changes can induce sudden and significant shifts in the time-series behavior of that variable. The results from implementing several parametric and semiparametric methods indicate strong evidence of long range dependence in the daily conditional return and volatility processes for the precious metals. Moreover, for most of the precious metals considered, this dual long memory is found to be adequately captured by an ARFIMA-FIGARCH model, which also provides better out-of-sample forecast accuracy than several popular volatility models. Finally, evidence shows that conditional volatility of precious metals is better explained by long memory than by structural breaks. © 2012 The Board of Trustees of the University of Illinois.
Was there a U.S. house price bubble? An econometric analysis using national and regional panel dataSteven P. Clark | T. Daniel Coggin
Volume 51, Issue 2, May 2011, Pages 189-200
The purpose of this study is to examine the existence of a U.S. house price bubble. Specifically, we focus on the time series statistical relationship between real U.S. and regional house prices and a number of fundamental economic variables related to house prices using quarterly data from the first quarter of 1975 through the second-quarter of 2005, the approximate end of the recent house price rise. We find that U.S. house prices and our fundamental economic variables are unit root variables that are not cointegrated, even after allowing for structural breaks. Thus our analysis confirms the existence of an interesting and important anomaly suggested by some prior research on this period. We then discuss the implications of our results for the common practice of using error correction models of house prices, and for the current policy debate regarding the causes of the recent U.S. housing market collapse. © 2010 The Board of Trustees of the University of Illinois.
Growth, development and natural resources: New evidence using a heterogeneous panel analysisTiago V de V Cavalcanti | Kamiar Mohaddes | Mehdi Raissi
Volume 51, Issue 4, November 2011, Pages 305-318
This paper explores whether natural resource abundance is a curse or a blessing. To do so, we firstly develop a theory consistent econometric model, in which we show that there is a long run relationship between real income, the investment rate, and the real value of oil production. Secondly, we investigate the long-run (level) impacts of natural resource abundance on domestic output as well as the short-run (growth) effects. Thirdly, we explicitly recognize that there is a substantial cross-sectional dependence and cross-country heterogeneity in our sample, which covers 53 oil exporting and importing countries with very different historical and institutional backgrounds, and adopt the non-stationary panel methodologies developed by Pesaran (2006) and Pedroni (2000) for estimation. Our results, using the real value of oil production, rent or reserves as a proxy for resource endowment, reveal that oil abundance has a positive effect on both income levels and economic growth. While we accept that oil rich countries could benefit more from their natural wealth by adopting growth and welfare enhancing policies and institutions, we challenge the common view that oil abundance affects economic growth negatively. © 2011 The Board of Trustees of the University of Illinois.
The impact of land policy on the relation between housing and land prices: Evidence from ChinaHongyan Du | Yongkai Ma | Yunbi An
Volume 51, Issue 1, February 2011, Pages 19-27
This paper reviews the evolution of Chinese land policy over the past two decades and examines its impact on the dynamic relationship between housing and land prices in the Chinese real estate market. Using panel datasets from Beijing, Shanghai, Tianjin, and Chongqing, we find that there exists a long-run equilibrium between Chinese urban housing and land markets. At the same time, there is unidirectional Granger causality between housing and land prices in the short run: housing prices are Granger caused by land prices, while the reverse does not hold. We also show that urban housing markets are more informationally efficient than urban land markets. Moreover, the housing and land markets are less efficient since the adoption of a new land granting system in China in 2004, as both markets respond to market disequilibria more slowly than before. © 2010 The Board of Trustees of the University of Illinois.
Risk management of precious metalsShawkat Hammoudeh | Farooq Malik | Michael McAleer
Volume 51, Issue 4, November 2011, Pages 435-441
This paper examines volatility and correlation dynamics in price returns of gold, silver, platinum and palladium, and explores the corresponding risk management implications for market risk and hedging. Value-at-Risk (VaR) is used to analyze the downside market risk associated with investments in precious metals, and to design optimal risk management strategies. We compute the VaR for major precious metals using the calibrated RiskMetrics, different GARCH models, and the semi-parametric Filtered Historical Simulation approach. The best approach for estimating VaR based on conditional and unconditional statistical tests is documented. The economic importance of the results is highlighted by assessing the daily capital charges from the estimated VaRs. © 2011 The Board of Trustees of the University of Illinois.
Co-movement of oil and stock prices in the GCC region: A wavelet analysisIbrahim Akoum | Michael Graham | Jarno Kivihaho | Jussi Nikkinen | Mohammed Omran
Volume 52, Issue 4, November 2012, Pages 385-394
This paper examines the short term and long term dependencies between stock market returns and OPEC basket oil returns for the six Gulf Cooperation Council (GCC) countries (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates) and two non-oil producing countries in the region (Egypt and Jordan), over the period 2002-2011. We utilize the wavelet coherency methodology in our empirical analyses. The empirical evidence indicates lack of market dependencies in the short term in these countries, indicating that oil and stock returns are not strongly linked in this interval. However, we show that oil returns and the stock markets returns co-move over the long term. The results also suggest that the long term dependencies are much stronger for OPEC oil returns and Jordan stock market returns relative to OPEC oil returns and Egypt stock market returns, implying a variation in the dependencies between oil prices and stock markets across countries. We further note an increasing strength in the market dependencies after 2007, signifying enhanced diversification benefit for investors in the short term relative to the long term. © 2012 The Board of Trustees of the University of Illinois.
The international business cycle and gold-price fluctuationsChristian Pierdzioch | Marian Risse | Sebastian Rohloff
Volume 54, Issue 2, January 2014, Pages 292-305
Drawing on recent empirical research, we study whether the international business cycle, as measured in terms of the output gaps of the G7 countries, has out-of-sample predictive power for gold-price fluctuations. To this end, we use a real-time forecasting approach that accounts for model uncertainty and model instability. We find some evidence that the international business cycle has predictive power for gold-price fluctuations. After accounting for transaction costs, a simple trading rule that builds on real-time out-of-sample forecasts does not lead to a superior performance relative to a buy-and-hold strategy. We also suggest a behavioral-finance approach to study the quality of out-of-sample forecasts from the perspective of forecasters with potentially asymmetric loss functions. © 2014 The Board of Trustees of the University of Illinois.
Exchange rates and oil prices: A multivariate stochastic volatility analysisLiang Ding | Minh Vo
Volume 52, Issue 1, February 2012, Pages 15-37
This paper uses the multivariate stochastic volatility (MSV) and the multivariate GARCH (MGARCH) models to investigate the volatility interactions between the oil market and the foreign exchange (FX) market, in an attempt to extract information intertwined in the two for better volatility forecast. Our analysis takes into account structural breaks in the data. We find that when the markets are relatively calm (before the 2008 crisis), both oil and FX markets respond to shocks simultaneously and therefore no interaction is detected in daily data. However, during turbulent time, there is bi-directional volatility interaction between the two. In other words, innovations that hit one market also have some impact on the other at a later date and thus using such a dependence significantly improves the forecasting power of volatility models. The MSV models outperform others in fitting the data and forecasting exchange rate volatility. However, the MGARCH models do better job in forecasting oil volatility. © 2012 The Board of Trustees of the University of Illinois.
The impact of China's stock market reforms on its international stock market linkagesHong Li
Volume 52, Issue 4, November 2012, Pages 358-368
This paper investigates how China's stock market reforms have affected the stock market linkages between China and Korea, Japan and the US respectively. We firstly use a 4 × 4 asymmetric GARCH-BEKK model and a series of likelihood ratio tests to uncover China's regional and global linkages between 1992 and 2010 and during three sub-periods representing the stages of the Chinese reforms. The results show that Chinese stock market is linked to these overseas markets and the reforms permit spillovers to these markets from China. The subsequent regression analyses of the time-varying conditional correlations, in the presence of growing economic integration, exchange rate risk and financial turbulence, further indicate that the interdependences between China and the regional markets increase due to the implementation of liberalisation policies. However, the correlation between China and the global market remains weak even though this correlation responds positively to the institutional reforms on China's stock market additionally. © 2012 The Board of Trustees of the University of Illinois.
A wavelet-based assessment of market risk: The emerging markets caseAntónio Rua | Luis C. Nunes
Volume 52, Issue 1, February 2012, Pages 84-92
The measurement of market risk poses major challenges to researchers and different economic agents. On one hand, it is by now widely recognized that risk varies over time. On the other hand, the risk profile of an investor, in terms of investment horizon, makes it crucial to also assess risk at the frequency level. We propose a novel approach to measuring market risk based on the continuous wavelet transform. Risk is allowed to vary both through time and at the frequency level within a unified framework. In particular, we derive the wavelet counterparts of well-known measures of risk. One is thereby able to assess total risk, systematic risk and the importance of systematic risk to total risk in the time-frequency space. To illustrate the method we consider the emerging markets case over the last twenty years, finding noteworthy heterogeneity across frequencies and over time, which highlights the usefulness of the wavelet approach. © 2011 The Board of Trustees of the University of Illinois.
Short-term market overreaction on the Frankfurt stock exchangeSebastian Lobe | Johannes Rieks
Volume 51, Issue 2, May 2011, Pages 113-123
This paper offers out-of-sample evidence of subsequent short-term abnormal returns for stocks experiencing a price change of 10% or more in either direction on the German stock market between 1988 and 2007. First, we find significant evidence of overreaction which is not exclusively concentrated in small-caps. Second, some well documented anomalies and stock characteristics seem to exhibit explanatory power. However, when controlling for size only a reversal effect can pervasively explain the abnormal 1-day stock market reaction to price shocks. Third, due to transaction costs and unpredictable market sentiment these anomalies can hardly be exploited. After all, our robust findings suggest no violation of the efficient market hypothesis. © 2010 The Board of Trustees of the University of Illinois.
Parametric Value-at-Risk analysis: Evidence from stock indicesSamir Mabrouk | Samir Saadi
Volume 52, Issue 3, August 2012, Pages 305-321
We evaluate the performance of several volatility models in estimating one-day-ahead Value-at-Risk (VaR) of seven stock market indices using a number of distributional assumptions. Because all returns series exhibit volatility clustering and long range memory, we examine GARCH-type models including fractionary integrated models under normal, Student- t and skewed Student- t distributions. Consistent with the idea that the accuracy of VaR estimates is sensitive to the adequacy of the volatility model used, we find that AR (1)-FIAPARCH (1,. d,1) model, under a skewed Student- t distribution, outperforms all the models that we have considered including widely used ones such as GARCH (1,1) or HYGARCH (1,. d,1). The superior performance of the skewed Student- t FIAPARCH model holds for all stock market indices, and for both long and short trading positions. Our findings can be explained by the fact that the skewed Student- t FIAPARCH model can jointly accounts for the salient features of financial time series: fat tails, asymmetry, volatility clustering and long memory. In the same vein, because it fails to account for most of these stylized facts, the RiskMetrics model provides the least accurate VaR estimation. Our results corroborate the calls for the use of more realistic assumptions in financial modeling. © 2012 The Board of Trustees of the University of Illinois.
Are Copula-GoF-tests of any practical use? Empirical evidence for stocks, commodities and FX futuresGregor N F Weiß
Volume 51, Issue 2, May 2011, Pages 173-188
In this paper, the optimality of bivariate copula-VaR models and the usefulness of several goodness-of-fit tests for copulas are analysed in a comprehensive empirical study using data for stocks, commodities and FX futures. In particular, I try to answer two questions: (1) which parametric copula is optimal for estimating the VaR and Expected Shortfall (ES) of a given portfolio consisting of linear assets? (2) How can the VaR- or ES-optimal parametric copula be identified in-sample? To answer these questions, the VaR and ES for a total of 12,000 bivariate portfolios are estimated from 435 linear assets over eight different time windows. The results show that although copula-models with GARCH-margins yield considerably better VaR-estimates than correlation-based models, the identification of the optimal parametric copula form is a serious unsolved problem. The analysis of three state-of-the-art approaches for testing a copula-model's goodness-of-fit showed that none of the tests is able to identify the optimal parametric form unequivocally. In addition to this result, for more than 80% of all portfolios considered, all five parametric copula models yielded worse ES-estimates than the correlation-based benchmark or underestimated actual portfolio risk. Moreover, the backtesting results show that the optimal parametric copula is both dependent on the risk measure and time-variant. © 2010 The Board of Trustees of the University of Illinois.
Profit distribution management by Islamic banks: An empirical investigationSayd Farook | M. Kabir Hassan | Gregory Clinch
Volume 52, Issue 3, August 2012, Pages 333-347
The objective of this paper is to ascertain whether Islamic banks do in fact manage profit distributions and if so, what factors are associated with the extent of profit distribution management. The results suggest that most Islamic banks manage profit distributions, with the extent of profit distribution directly related to religiosity, financial development, asset composition, and existence of discretionary reserves, while it is inversely related to market familiarity with Islamic banking, market concentration, depositor funding reliance and the age of the Islamic bank. © 2012 The Board of Trustees of the University of Illinois.
The impact of US news on the German stock market-An event study analysisThomas Dimpfl
Volume 51, Issue 4, November 2011, Pages 389-398
This paper investigates the impact of the opening of US stock markets on the German stock market. Quantiles of the S&P 500 return distribution are used to distinguish good, bad, and no news days. We find that the German market reacts to the US news announcements which typically precede the opening of the NYSE. The opening of the market itself and the beginning of trading is not found to affect the DAX. On calm days there is no measurable impact. Once important news is transmitted, it is processed rapidly. Volatility is found to be significantly higher on news days. © 2011 The Board of Trustees of the University of Illinois.
Oil exports and the Iranian economyHadi Salehi Esfahani | Kamiar Mohaddes | M. Hashem Pesaran
Volume 53, Issue 3, August 2013, Pages 221-237
This paper presents an error-correcting macroeconometric model for the Iranian economy estimated using a new quarterly data set over the period 1979Q1-2006Q4. It builds on a recent paper by the authors, Esfahani, Mohaddes, and Pesaran (in press), which develops a theoretical long-run growth model for major oil exporting economies. The core variables included in this paper are real output, real money balances, inflation, exchange rate, oil exports, and foreign real output, although the role of investment and consumption are also analysed in a sub-model. The paper finds clear evidence for the existence of two long-run relations: an output equation as predicted by the theory and a standard real money demand equation with inflation acting as a proxy for the (missing) market interest rate. The results show that real output in the long run is influenced by oil exports and foreign output. However, it is also found that inflation has a significant negative long-run effect on real GDP, which is suggestive of economic inefficiencies and is matched by a negative association between inflation and the investment-output ratio. Finally, the results of impulse responses show that the Iranian economy adjusts quite quickly to the shocks in foreign output and oil exports, which could be partly due to the relatively underdeveloped nature of Iran's financial markets. © 2012 The Board of Trustees of the University of Illinois.
Capital structure, product market competition and firm performance: Evidence from South AfricaSamuel Fosu
Volume 53, Issue 2, May 2013, Pages 140-151
This paper investigates the relationship between capital structure and firm performance, paying particular attention to the degree of industry competition. The paper applies a novel measure of competition, the Boone indicator, to the leverage-performance relationship. Using panel data consisting of 257 South African firms over the period 1998-2009, this paper examines the effect of capital structure on firm performance and investigates the extent to which the relationship depends on the level of product market competition. The results suggest that financial leverage has a positive and significant effect on firm performance. It is also found that product market competition enhances the performance effect of leverage. The results are robust to alternative measures of competition and leverage. © 2013 The Board of Trustees of the University of Illinois.
The Glass-Steagall Act in historical perspectiveLarry Neal | Eugene N. White
Volume 52, Issue 2, May 2012, Pages 104-113
Implementation of Volcker's Rule requires a historical perspective on the original Glass-Steagall Act of 1933 that separated commercial banking from investment banks in the United States. Like the Dodd-Frank legislation, the Banking Act of 1933 was passed before full analysis of the financial crisis was possible. The intended consequences of Glass-Steagall made Federal deposit insurance feasible by limiting entry of new banks while preserving unit banking. The unintended consequences, however, cut off access by small- and medium-size enterprises to external finance and also reduced the capital base for investment banks. Despite these harmful effects, the American economy did recover eventually. © 2011 The Board of Trustees of the University of Illinois.
Asymmetric convergence in US financial credit default swap sector index marketsLi Hsueh Chen | Shawkat Hammoudeh | Yuan Yuan
Volume 51, Issue 4, November 2011, Pages 408-418
This study examines the asymmetric adjustments to the long-run equilibrium for credit default swap (CDS) sector indexes of three financial sectors - banking, financial services and insurance - in the presence of a threshold effect. The results of the momentum-threshold autoregression (M-TAR) models demonstrate that asymmetric cointegration exists for all pairs comprised of those three CDS indexes. The speeds of adjustment in the long-run are much higher in the case of adjustments from below the threshold than from above for all the pairs. The estimates of The MTAR-VEC models suggest that the dual CDS index return in each sector pair participates in the adjustment to equilibrium in the short- and long-run taken together. But in the long-run alone, only one of the two spreads in each pair participates. Policy implications are also provided. © 2011 The Board of Trustees of the University of Illinois.
Cross-border venture capital flows and local ties: Evidence from developed countriesTereza Tykvová | Andrea Schertler
Volume 51, Issue 1, February 2011, Pages 36-48
Using a unique global dataset from developed countries, this paper provides evidence that not only traditional determinants of international capital flows affect cross-border venture capital flows, but that ties among local venture capital investors are related to size and style of these flows. Our results on size indicate that both number and value of cross-border flows between two countries increase with tie intensities within the local venture capital industries in both countries. Our results on style suggest that strong local ties go hand in hand with more intensive ties to foreign investors. Thus, rather than protecting the local market and fending off competition from foreign investors, local tie intensity seems to stimulate international syndication and expansion of venture capital financing across borders, which allows venture capital investors to build geographically diversified portfolios and to add value by building cross-border syndicates. These effects seem to be stronger for those foreign investors who already have experience in the particular destination country. © 2010 The Board of Trustees of the University of Illinois.
Monetary policy regimes in macroeconomic data: An application of fractal analysisRobert F. Mulligan | Roger Koppl
Volume 51, Issue 2, May 2011, Pages 201-211
Macromonetary data are examined for behavioral stability over Alan Greenspan's tenure as chairman of the Federal Reserve System. Strong evidence of stochastic dependence is found using Lo's modified rescaled range tests, though not consistently over the earlier, as opposed to the later, subsample. This finding is suggestive of a change in fundamentals such as monetary policy. Then, five self-affine fractal analysis techniques for estimating the Hurst exponent, Mandelbrot-Lévy characteristic exponent, and fractal dimension are employed to explore the data's fractal properties. Techniques are rescaled-range, power-spectral density, roughness-length, variogram, and wavelet analysis. Formal hypothesis tests provide further evidence of a change in monetary policy between the 1989-1996 and 1997-2006 subperiods. This change is manifested both in the behavior and distribution of month-to-month changes in monetary aggregates, ratios, and multipliers, and in the behavior and distribution of macroeconomic data. Most series become significantly less antipersistent after the breakpoint than before. Strong evidence is presented that U.S. monetary policy became actively interventionist after December 1996, and that the effectiveness of the Federal Reserve System has been lowered compared to the earlier period. © 2011 The Board of Trustees of the University of Illinois.
Trade credit versus bank credit: Evidence from corporate inventory financingXiaolou Yang
Volume 51, Issue 4, November 2011, Pages 419-434
In this study, I introduce capital market imperfections into a structure framework of inventory investments and investigate impacts of trade credit on firms' inventory dynamics and analyze the relationship between trade credit and bank loans. As a result, firms end up using a mix of trade credit and bank loans. I find that the use of trade credit and bank credit can be either complements or substitutes. During tight monetary periods, trade credit operates mainly as a substitute for bank borrowing while during looser monetary episodes even when the economy is weak, trade credit and bank loans are dominated by a complementary effect. © 2011 The Board of Trustees of the University of Illinois.
The effects of U.S. monetary policy on Colombia and Panama (2002-2007)Nicolas Cachanosky
Volume 54, Issue 3, January 2014, Pages 428-436
I study the economies of Colombia (floating exchange rate) and Panama (dollarized) to illustrate how the monetary policy of a large economy can export capital structure distortions to small open economies that follow different exchange rate regimes. The paper contributes to the literature on international business cycles in two ways. First, it adds to recent research that extends the Mises-Hayek business cycle theory to an international context. Second, most current research abstracts from effects on the production structures of emerging market economies when analyzing the transmission of monetary policy shocks. This paper seeks to fill this gap by studying structural effects of U.S. monetary policy on the economies of Colombia (floating exchange rate) and Panama (dollarized). © 2014 The Board of Trustees of the University of Illinois.
Regulatory risk, market uncertainties, and firm financing choices: Evidence from U.S. Electricity Market RestructuringParoma Sanyal | Laarni T. Bulan
Volume 51, Issue 3, June 2011, Pages 248-268
Based on the universe of rate-regulated electric utilities in the U.S., we examine why firms alter their financing decisions when transitioning from a regulated to a competitive market regime. We find that the significant increase in regulatory risk after the passage of the Energy Policy Act, state-level restructuring legislations, and divestiture policies have reduced leverage by 15 percent. Policies that encouraged competition, and hence increased market uncertainty, lowered leverage by another 13 percent on average. The ability to exercise market power allowed some firms to counter this competitive threat. In aggregate, regulatory risk and market uncertainty variables reduce leverage between 24.6 and 26.7 percent. We also confirm findings in the literature that firms with higher profitability and higher asset growth have lower leverage, and those with more tangible assets are more levered. Firms with greater access to internal capital markets and those with a footloose customer segment use less debt, while those actively involved in trading power in the wholesale market use more debt. © 2011 The Board of Trustees of the University of Illinois.


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Andre & Antonio - HotBarebacking
Models: Andre Barclay and Antonio Biaggi
Studio: Hot Barebacking
Andre gives himself up to Antonio's legendary eleven-inch cock in this hot bareback video. It doesn't take long for Antonio to bury his face in Andre's ass to get him ready for the punishment about to take place. Antonio pulls up Andre's ass and pushes his fat cock into his slutty hole and drives it home raw. Andre is just the man for the job and takes Antonio's meat sword all the way to the hilt screaming in pain and ecstacy. The fuck frenzy continues in every position imaginable until Andre can't hold it and squirts out his man-juice. Antonio uses Andre's cum as lube until he blows his own load in the bottom's ass. Andre then helps Antonio clean up by sucking all the good stuff off of Antonio's monster cock.


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After Losing Mother To Brain Cancer, Artist Finds Peace In Surreal Photography
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Kirsty Mitchell, a talented photographer based in the UK, creates mystical and dream-like surreal photographs that clearly communicate her intense, deep and personal connection to her artwork. When her mother died of brain cancer in 2008, photography became Mitchell's only shelter from the pain of her loss.
"Photography became my only escape when I could no longer talk about how I felt. It became an utter fantasy that blocked out the real world, and a place where I could return to my memories of her, far away from those hospitals walls," she writes on her website. [Read more...]
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The Gulf spill: Katrina in slow motion
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- Last Updated on Wednesday, 09 June 2010 05:00
- Published on Wednesday, 09 June 2010 05:00
- Hits: 961
The media, and now the public, have gotten comfortable with the inevitable comparison between Hurricane Katrina and the oil spill disaster that is still going full bore in the Gulf. Both events are disasters. One, natural, and one manmade, but just like Katrina, the Gulf Spill has raised questions about the ability of the Federal Government to deal with a large scale crisis. It's not clear that the Gulf Oil Spill is President Obama's Katrina, but some in the administration, and many among the President's supporters, are worried that it might be.
In 2005 Hurricane Katrina took everyone by surprise. There are those who claim the warning signs for disaster were self evident, but that's one theory I've never bought into. The Hurricane just didn't look that bad. That is, up until the last moment, when a combination of a sudden intensification and the breaching of already poorly designed levees caused a disaster which is still hard to fully comprehend. For awhile, it seemed that no one was in charge and that the Federal Government, the only organization with sufficient resources to respond, was befuddled, and what's worse, didn't care. Up until this point George Bush was a relatively popular President. After Katrina, it was all down hill.
The Gulf Oil Spill isn't Katrina. But there are similarities. Initially, President Obama showed only a modest level of interest. He acknowledged it as a serious issue, but didn't, at least not until recently, treat it like a full blown crisis. For example, a request made shortly after the oil started flowing to build a 50 to 100 mile sand levy to protect the Louisiana shoreline has only recently been approved. However, it may be too late to be of much good. This perception of inaction, particularly if the spill keeps gushing oil, has the potential of seriously damaging the Obama Presidency. Just like Katrina did to George Bush.
At this writing, BP, the folks that own the well, have managed to use a pair of monster shears to snip off the well head. They then attached a cap which will be followed by a connection and a pipe to see if some of the oil can be pumped to the surface. Will it work and how much oil it will carry off is still anyone's guess. But so far, and this is staggering, 38 million gallons of oil are in the ocean, and it's still flowing.
Now, you may think this is a Gulf issue, but I don't think we're going to be so lucky. The oil slick is moving east and is now approaching the Loop Current. That's the point off Florida where the oil could enter the Gulf Stream. If it does, this would set it on its way up the Eastern Seaboard. The Outer Banks of North Carolina, because they are almost in the Gulf Stream (which runs a couple of hundred miles off the coast), could see some oil by mid-summer. Our beaches, God willing, may be spared. But no one is certain.
In fairness to Barack Obama, no President has had to deal with a problem quite like the Gulf Oil Spill. It's the worst of the worst case scenarios. First of all, it's not really a spill. The Exxon Valdez was a spill and as awful as it was it only released a finite amount of oil. The Gulf Spill is different. It's like having a Texas sized gusher one mile below the ocean's surface spewing out 800,000 gallons of oil a day. And will it stop on its own? The answer, is no. That, to a large degree, explains why the Federal Government took a hands-off approach to the spill itself. The U.S. Navy, while brilliant at deep sea operations, doesn't know that much about deep sea drilling. The oil industry, on the other hand, does. The technology and resources they can bring to bear, though so far ineffective, are impressive. It's fair to say that they're the only ones who can fix it.
For the moment, the concern is over the problem itself, and what can be done to mitigate the damage. This includes the use of oil skimmers, booms, and oil dispersant chemicals. The latter, by the way, is also a pollutant, though at least it's not as damaging as the crude oil.
It's been argued that the Federal Government wasn't ready and that its response has been anemic. Unfortunately, that's probably true.
Hopefully, soon, some combination of innovation and technology will bring this crisis under control. Reliever wells that will divert the flow, and likely provide a permanent fix, should be finished in August. That means several more months of anguish over the continuing flow of oil into the Gulf. However, when it's finally brought under control, there needs to be some serious analysis, new regulations, and strong enforcement (similar, perhaps, to the nuclear industry) to make sure this never happens again. This is a must if the President and the Congress have any hopes, ever, of pursuing additional drilling leases along the Atlantic Coast.


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Bioterrorism Category C Agents
A selection of articles related to bioterrorism category c agents.
Original articles from our library related to the Bioterrorism Category C Agents. See Table of Contents for further available material (downloadable resources) on Bioterrorism Category C Agents.
- Am I Damned?: Part 2
- CAVEAT: It is impossible to answer a "theological" question simply and correctly at the same time. The reason for this is the fact that the theological arena involves reality not only beyond our capacity to adequately express, but even beyond that,...
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- Views of Deity
- Robin and I leaned against the rock. The moon shone full on the rippling waters of the lake behind us, and the night was redolent with the drums and songs of our people. What a night! As the night enfolded us, we quietly discussed the ritual we had just come...
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- Healing Routine: How to setup a Healing Ritual
- This is a suggested form for rituals for any healing spell: First of all, there some things which much be done before the ritual itself. You need to diagnose your patient so that you know exactly what kind of healing where in which person you want to...
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- Hyperspace Reality
- Despite the fact that the 'new' physics, a godchild of the Einsteinian revolution has taught us that the Universe we perceive is a mere shadow of a vastly more unpredictable one, most of us still view the world in a distinctly materialistic way. A world where...
Modern Science >> New Physics
- Nathor
- This Goddess replica is a composite of several images found scattered from Libya to Egypt Dated in the predynastic period BCE, they also appear on cave wall paintings from Paleolithic Algeria. The culture that produced Her was a sophisticated group of people...
Deities & Heros >> Egyptian
- My Experiences with the PK Man
- My experience with Ted Owens started in 1979, when Owens contacted me at the Enquirer . He portrayed himself as "PK Man" and said he could predict events and control the world's weather. Owens claims were met with skepticism by both myself and my...
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Recently I was asked to present a workshop on basic blogging to a group of pastors wives. I'm posting the main points from that talk here. The end result is a pretty decent guide to blogging for total beginners although experienced bloggers will probably find some useful tidbits as well. This article will teach you the definition of blogging, explain the various types of blogs and recommend some great blogging platforms. I'll also provide you with some guidelines for writing a good blog post, talk about blog design and making money through blogging as well as how to integrating social media into your blog. Finally, I'll end the post with some awesome resources and stand-out blog examples to get you inspired!
My Blogging Experience
I've been blogging for many years now–I love to blog. It's exciting to have an audience. I originally got started blogging as a "design blogger" while I was a freelance designer which got about 100,000 page views per month in it's heyday. When I took a full-time job, unfortunately it fell into disrepair, but I was focusing my attention on creating a blog for my new employer. Now, as you can read, I have started DailyTekk. Read more about why I started this blog here.
What is a Blog?
The term Blog comes from "Weblog" which is simply the words ...


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realmagick.com The shrine of knowledge.
A selection of articles related to galenorn.
Original articles from our library related to the Galenorn. See Table of Contents for further available material (downloadable resources) on Galenorn.
- Hawke, Elen: British Author
- Elen Hawke is an author, artist and British witch from Oxford, England with many years experience both living and teaching the Craft. She is a Craft elder, a Wiccan initiate, and a professional astrologer and tarot reader, as well as being a working...
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- Microsoft must have hoped that in walking away from Internet Explorer and moving towards Edge it could successfully shake off its reputation for producing terrible web browsers.
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realmagick.com The shrine of knowledge.
Gallium Applications
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- Herbs of Folklore and Modern Medicine: White Willow, Aloe Vera, and Garlic
- Many of the medicinal herbs we use today have been studied by modern science for application in today's medical field. These studies have shown that our ancestral folk uses of these herbs were very much correct in their applications. Here we will explore...
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- Timing with the Tarot
- Establishing correct timing using the Tarot is subjective approach, some claim it can be declared accurately others insist that Astrology serves as a better reference. Keep in mind that when you are reading for someone that when you propose certain time...
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- The Perpetual Raising: Part 2
- (Part 2 of 5) Every cubic inch of the body constantly radiates our internal state of being to the environment. In return, each one also unceasingly receives psychic inputs, (feelings, thoughts, Intentions, the general state of consciousness of others, etc.)...
Mind >> World Mind
- S. Hahnemann's discoveries
- Homeopathy was founded by Samuel Hahnemann (1755 - 1843), a German physician. Hahnemann was an educated man; except for medicines he had also studied Greek, Latin, five other languages and philosophy. He was familiar with the ancient Greek healing-arts, and...
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- Index of bibliography sections Selected Periodicals (14 entries) Edited Overviews of General Theories of Hypnosis (5 entries) Specific Topics Related to Research into Hypnosis. General single-author overviews, non-special-state views, social andexperimental...
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- Arsenicum album (Arsenic)
- This remedy is made of white arsenic oxide; in the raw, pure form it provides a strong poison and in the potentiated forms it turns out to be a great medicine. The basic idea in homoeopathic Arsenicum is fearful anxiety, restlessness and nervous exhaustion....
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Gallium Applications is described in multiple online sources, as addition to our editors' articles, see section below for printable documents, Gallium Applications books and related discussion.
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- Q&A: WPI's Professor Alexander Emanuel on the Future of Power Electronics
- Professor Hirofumi Akagi in his book "Instantaneous Power Theory and Applications" (Wiley 2006) cited my pioneering work, which predicted the use of active filters.
- 'Meta-Skin' Truly Cloaks Objects From Radar
- The cloaking tech has potential military applications, including coating next-generation stealth bombers. Top 10 Uses for Invisibility Tech ... These resonators contain the liquid metal alloy galinstan, which is gallium, indium, and tin.
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"Bob Dylan, Roads Rapidly Changing, In & Out of the Folk Revival, 1961-1965" takes a detailed account of Dylan's rise to the top of Greenwich Village's folk scene, and the tremendous impact he made before heading off to achieve international success as "the voice of a generation."
Read More →
This weekend we welcome back Four of Diamonds, jam to Motown's biggest hits, AND get guest performances from Little Mix and OneRepublic!
This Saturday on Nashville…
Who shined and who ultimately was sent packing? Our friend and X Factor finalist, Ché Chesterman breaks it all down for us.
The Bantamweight Title is on the Line and Mackenzie Dern Returns This Friday for Legacy 61 Legacy Fighting Championship is back for the second week in
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(ABC 4 UTAH) - The soroptomists of salt lake are putting on a fashion show of a very different kind. Next week, a number of local celebrity models, including several of us from ABC 4 Utah, will be strutting our stuff for a good cause. Cathy Stevens, Cheri Richardson and Carla Pintado explain. For more information, visit their website here.
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EDUCAUSE Now - #25 - 1) How Will Mobile Devices Evolve? 2) How Will Digital Objects Survive?
EDUCAUSE Now - #25 - 1) How Will Mobile Devices Evolve? 2) How Will Digital Objects Survive?
This month on EDUCAUSE Now we talk mobile devices with faculty who are beginning to explore their use in the classroom, we also explore the complex question of digital objects and their long-term sustainability, and we present a commentary from EDUCAUSE President Diana Oblinger on reframing our view of IT. EDUCAUSE Now is a monthly podcast, focusing on the intelligent use of information technology in higher education. Join producer and host Gerry Bayne for this informative podcast.
Subscribe to the EDUCAUSE NOW RSS feed
This episode of EDUCAUSE Now features:
How Will Mobile Devices Evolve?
From the QWERTY keyboard to the development of more learner-centered apps, we feature a discussion with several presenters on the subject of mobile devices from the ELI Annual Conference. Our discussion includes:
- Karen French, IDEA Studio Coordinator, University of Texas at Austin
- Christopher Higgins, Manager, Learning Technologies, University of Maryland
- Kyle Dickson, Director, Digital Media Center, Abilene Christian University
- Jeffrey S. Nugent, Associate Director, Center for Teaching Excellence, Virginia Commonwealth University
Commentary: EDUCAUSE President, Diana Oblinger
With such a complex portfolio of services, we must take a look at a variety of evolving issues in IT, including policy and skillsets, to remain effective.
How Will Digital Objects Survive: Digital Preservation, Curation, and Sustainability
What happens to scholarly digital objects in the long term? After the grant has run out and the hype has passed, where does digital scholarly content live and remain accessible? EDUCAUSE Now spoke with Clifford Lynch, Executive Director of the Coalition for Networked Information to hear some of his thoughts on the matter. We also hear from Bretty Bobley, CIO for the National Endowment for the Humanities. Also, some case studies on sustainability strategies are mentioned in this story.
Music for EDUCAUSE Now:
- "Groove IT" by Denis Kitchen
- "F1-11†by Blues Garden
- "Lapse†by Might Could
I think this is a very interesting topic. If we want to look at the future of mobile devices, we must look at the SixthSense by Pranav Mistry. I believe it will go in that direction, he plans to make the entire project open source in the near future.
It seems like throughout my education, the uptake of new technologies was a bit slow, but these sorts of things are really empowering.
As an adult, I'm constantly learning beyond school, and mobile devices, especially the mobile browser really helps with that. I can use any smartphone (or not even necessarily a smartphone) to mee a lot of the mainstream educational needs with a browser like Opera Mini ( http://www.opera.com/mobile/ ) and access any kind of information or website that I want on the go...
I think that the mobile device itself is really just an extension to how we use the Web, so how it fits into education is more about how education leverages web technology more than anything.


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Story of the Celts: Who are the Celts?
Copyright © 1999 firstname.lastname@example.com
The ancient Celts were a group of culturally similar peoples who once occupied most of central and western Europe, north of the Greco-Roman world. Perhaps the most common cultural characteristic of the ancient Celts were the Celtic languages, a branch of the Indo-European family of languages.
Today, the Celtic languages [2] are Irish Gaelic; Scottish Gaelic; Welsh (spoken in Wales); Breton (spoken in Brittany, on the north-western coast of France); Manx [3] (nearly extinct on the Isle of Man); and Cornish [4] (nearly extinct in Cornwall, on the southwestern tip of England). Celtic Gaelic is also spoken in North America on Cape Breton Island, just north of Nova Scotia on the eastern coast of Canada. [5]
Present-day people who identify with the Gaelic cultures of Ireland and Scotland, or their ethnic cousins in Wales and Brittany often think of themselves as being Celtic. And there are some people in Cornwall, the Isle of Man (located in the Irish Sea between Ireland and Britain), and even in Galicia, Spain, who identify themselves as having Celtic backgrounds.
What are some of the other cultural characteristics of the Celts? There is a distinctive Celtic art style that goes back to ancient times. Its most striking feature involves design patterns employing intricate intertwining curved forms. Celts were not much fond of straight lines and rectangles. They loved circles and open-ended curves, which some experts believe exemplify the Celts' love of freedom over regimentation. Many are familiar with the carved design of the Celtic Cross, found wherever the Irish monks of the Dark Ages had any influence.
Celtic peoples of today also have a similarity in music, which often has a folk music flavor. The Celtic music can be expressed in woeful ballads or in soulful lively dance tunes. Use of the bagpipe [6] is common in Celtic areas. In Ireland the harp is a traditional instrument, and a national symbol. The fiddle, tin whistle, mandolin, accordion, and hand-drum are common in Celtic music.
Another similarity of Celtic peoples is their enthusiasm for a folk-dance form, often called step-dancing. Anyone who has seen productions of "Riverdance" or "Lord of the Dance" has been introduced to Irish step-dancing. Most people can remember images of Scottish men in kilts dancing over crossed swords. Gaelic dances are often called jigs.
Celtic peoples also love "colorful talking," the more flamboyant and given to hyperbole the better. They love glorious imagery in the spoken word, and when speaking English, they often have a brogue or a sing-song bit of lilt. There can also be a pinch of excitability and emotionality in the speech of a Celtic person. It clearly doesn't fit into the Oxford or Wall Street brands of English.
One expert from Ireland even claims that there is something of a "Celtic personality," that alternates between warm-heartedness and belligerency. [7] (This sometimes is connected with a certain degree of intemperance, and the stereotype of Celts loving their wine and brew was mentioned by ancient historians.)
Part II: The Ancient Celts
2. There are two branches of Celtic languages--the Goidelic and the Brythonic. The Goidelic Celtic languages are Irish and Scottish Gaelic, and Manx (the Isle of Man). The Brythonic Celtic languages are Welsh, Cornish, and Breton (in Brittany). I haven't been able to figure out from the sources which type was spoken by the mainland Celts, e.g., the Gauls. I don't have enough background in linguistics and philology to understand the differences between the Goidelic and the Brythonic Celtic forms, but it appears that pronunciation was a major factor.
I have trouble following all this, but experts make a distinction between the P-Celts and the Q-Celts, again based on pronunciation. The Irish are Q-Celts, whereas the ancient Gauls were thought to be P-Celts. The close connection between Irish and Scottish Gaelic is thought to be a legacy of the early settlement of the Irish "Scotti" in Scotland, as well as Celtic church settlements in Scotland by Irish St. Columba and his successors. Many of the early Picts of Scotland spoke an indigenous language that was not Indo-European; many adopted Gaelic later.
Charles Squire claims that the first Celtic invasions of Britain were Gaels, speaking Goidelic Celtic, and that later Celtic invaders spoke a Brythonic form--hence, he believes that the language of the Celtic Britons was of the Brythonic branch.
--from the Encyclopedia Britannica article on "Celtic Languages," (1966 edition--all further references to the Encyclopedia Britannica are from the 1966 edition unless otherwise noted). Also from Charles Squire, Celtic Myths and Legends, (New York: Gramercy Books, new edition 1994, first edition early 20th century).
3. Sources from 1966 report that there are no native speakers of Manx anymore. In a real sense it is not an extinct language because scholars and religious people took the effort to write Manx down in earlier centuries. There are translations into Manx of the Bible, the Book of Common Prayer, a catechism, and an abridgment of Milton's Paradise Lost. The Manx Museum library has more than 450 manuscripts in Manx. There are also quite a few original poems and carols written in the language.
Manx was an Irish Gaelic dialect which had a strong Scandinavian influence, presumably from the period of the Viking invaders. I don't know to what extent the people on the Island of Man are now trying to revive their spoken Manx language.
--from Encyclopedia Britannica articles on "Celtic Languages" and "Manx Literature"
4. Cornish has no native speakers (reports sources in 1966) although there has been a revival in its use as a spoken and written medium. As might be expected, English words are more common in Celtic Cornish than in Welsh. There are a number of Cornish words still in common usage in Cornwall, and Cornish place names are found within the boundaries of Cornwall--from the Tamar River to Land's End.
There is quite a bit of literature written in Cornish, more than in Manx mentioned above. Perhaps the most important texts written in Cornish are a set of miracle and morality plays dating at least to the 15th century.
--from Encyclopedia Britannica articles on "Celtic Languages" and "Cornish Literature"
5. The Celtic language spoken in Cape Breton, Canada is Scottish Gaelic. This colony of Scots came to Cape Breton after being expelled from their land by the British who wished to use the territory for sheep grazing purposes.
(from six hour television series on The Celts produced by the BBC, presented by Frank Delaney)
6. Notes on the music: The Scots use a bagpipe in which the musician blows air into the bag. The uilleann bagpipe of Ireland works by the musician pumping air into the bag under his arm. The tin whistle (also called the penny whistle) is a slender metallic pipe blown from the mouth and held like a recorder; it sounds a bit like a high-pitched flute. Often the accordions used are a simple squeeze-box concertina. An example of a Celtic hand-drum is the Irish bodran. It's worthy of note that the national seal of Ireland is a large harp.
Another point is how Irish and Scottish music influenced American folk music and the hill-country music called blue-grass. Immigrants brought over their Celtic-based music to this country (as in Virginia, Tennessee, and Kentucky) and it has been with us since. The next time you appreciate a country fiddle, realize that it is from a Celtic influence. (And the American square dance is from Gaelic dances brought over by immigrants.)
--observation about the blue-grass music is from Gordon Ireland, the webmaster of a popular Celtic website on the Internet (interviewed June 25, 1999). Point on the square dance is from the Encyclopedia Britannica article on "Folk Dancing".
7. Reference to the "Celtic personality" from videotape--"Ireland and your Irish Ancestry"
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US Presidential Elections 2016Distilling Dylan into 17 syllables
Fri, Sep 16 2016. 07 57 AM
In other news, petrol price hiked, diesel rate cut
Fri, May 13 2016. 07 25 PM
US retail sales surged 1.3% last month, the largest gain since March 2015, while producer price index climbed 0.2% last month
Wed, Apr 13 2016. 08 22 PM
Other data on Wednesday showed a surprise drop in producer prices last month as rising energy prices were offset by a decline in the cost of services
Tue, Feb 16 2016. 08 00 AM
Asian shares look to extend gains after big falls; Nikkei down 1% after big gains on Monday
Fri, Feb 12 2016. 10 35 PM
Oil rebounded from the lowest level in more than 12 years amid speculation that oil producers could cooperate to reduce the surplus
Fri, Feb 05 2016. 10 50 PM
A forecast jump in bank lending may underscore Beijing's bid to put a floor under the slowing economy of China, which is a major commodities consumer
Sat, Jan 16 2016. 03 37 PM
Gold of 99.9 and 99.5% purity surged by Rs340 each to Rs26,550 and Rs26,400 per ten gram respectively
Fri, Jan 15 2016. 07 58 AM
MSCI's broadest index of Asia-Pacific shares outside Japan declined 0.7% to the lowest level since June 2012
Fri, Dec 11 2015. 10 32 PM
Excluding purchases of autos and gasoline, US retail purchases climbed 0.5%, also the biggest advance since July
Sun, Nov 15 2015. 11 40 AM
Analysts say a prolonged economic impact or market reaction was unlikely
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