text:
Financial markets went into meltdown on Thursday amid fears that the world economy is sliding back into recession. Growing disarray in the eurozone over the Greek bailout, poor US manufacturing figures and a warning from Wall Street bank Morgan Stanley that the US and Europe are "hovering dangerously close to recession" triggered sell-offs on both sides of the Atlantic.
Austria, the Netherlands, Slovenia and Slovakia joined Finland in demanding that Greece puts up assets as security before they sign off on the €109bn (£95bn) emergency package agreed in July. And the US authorities are becoming increasingly alarmed that the eurozone debt crisis could spill over into America and trigger another global credit squeeze: it emerged yesterday that US regulators are examining whether the US arms of European banks have enough funding in place.
To recap:
• The FTSE 100 closed down 239 points, or 4.5%, at 5092 yesterday, wiping more than £62bn off the value of Britain's bluechip companies
• In the US, the Dow Jones closed 419 points, or 3.7%, lower at 10,991.
• The yield on 10-year US Treasury bonds slipped below 2% as investors piled into safe haven investments
• The yield on 10-year UK government bonds, or gilts, plunged to their lowest since the 1890s
Markets are braced for further losses today, with Asia bathed in red overnight. Japan's Nikkei closed down 2.5% while Hong Kong's Hang Seng fell 2.8% and the Seoul Composite lost 6.2%.
Heather Stewart's article on yesterday's collapse is here –
Markets in meltdown amid new global recession fears.
Good morning. It looks like another tumultuous day on financial markets. The FTSE has opened nearly 60 points lower at 5033, down 1.15%. Germany's Dax and France's Cac are both down 0.4%. Spain's Ibex has dropped 0.5% while Italy's FTSE MIB is 0.3% lower.
Gold scaled a new high this morning - it went through $1,853 an ounce - while US crude oil futures dropped $2 to $80.38 a barrel.
Before heading off on a well-deserved break ("Of all the regulation that has been introduced over the last few years my favourite is that which states that market participants must take a minimum of 10 consecutive days away from the office every year"), Gary Jenkins, head of fixed income at Evolution Securities, opines:
At one stage yesterday I couldn't stop myself singing The Wanted's debut single. 10 year Bunds and Treasuries, Canadian 10 year and gilt yields all hit an all time low.
It has been a heck of a week and yesterday's risk-off trades could be attributed to any one of a number of different concerns. Economic data and the European sovereign / banking crisis will probably continue to dominate market action. This week has seen a continuation of the trend of weaker than expected data and political reaction to the European problems which pretty much amounts to "let's have a get together a couple of times a year". To be fair Mr Sarkozy did mention common European bond issuance as a last resort which is in line with our view that such action would only be taken over a weekend when the market was about to collapse. The one bit of good news through all this volatility is that Italian 10 year bond yields have been stable throughout the last couple of weeks. As there still seems to be disagreements about the second Greek bailout package the resolve of the ECB and then EFSF to stabilise Italian and Spanish bond yields could be tested quite soon. If we do see a significant move higher in yield from these two sovereigns then we will soon be in last resort territory.
Meanwhile in the UK the executive director for financial stability, Andrew Haldane, has suggested that bank regulation regarding capital requirements should be softened in order to encourage the banks to lend. Whilst this might be a very good idea in the short term I guess his idea might not find favour in a world where regulators are generally looking for higher levels of capital and the leading politicians in France and Germany are asking for a financial transactions tax. Incidentally was that not the most amazing part of the Sarkozy / Merkel meeting. That at a time when one of the leading French banks was experiencing significant pressure in the equity market, with all kinds of rumour and speculation, that they should revisit an idea which would put more pressure on the banking sector.
SocGen's shares closed yesterday at €21.60, a level they last hit in 1998 around the time of the Russian crisis. Meanwhile in the US the economic data of late might ordinarily have led to speculation regarding QE3, although the data has been so bad that I am surprised they don't just move straight to QE4….
Hewlett-Packard pounced on it with an $11bn (£6.7bn) bid.The picture isn't quite as bleak as yesterday, when there wasn't a single riser on the FTSE for most of the day. Eight stocks are currently up, led by Autonomy, which soared 76% to 2514p after
However, UK banks including Lloyds Banking Group, Royal Bank of Scotland and Barclays are among the biggest fallers again, as are energy stocks - as crude oil prices slipped on expectations of weaker demand. Lloyds is down 7.6% while RBS lost 4.7% and Barclays 5%.
Lothar Mentel, chief investment officer at Octopus Investments, told Reuters:
The market is discounting a recession, but I would say they're wrong. Some stocks have been driven down to ridiculous levels. There has been a panic about European banks. European governments are guaranteeing European banks, but if the governments are not stable themselves, that means the banks aren't stable.
The FTSE has crashed through the 5,000 mark. It's now 114 points lower at 4978, a fall of 2.2%. There are only two risers now: Autonomy and ARM, which makes chips for iPhones. Shares in Spain, Italy and Portugal are now down between 2.4% and 3%.
Things are clearly taking a turn for the worse again. Germany's Dax has hit its lowest level since February 2010, falling 2.2%, while the Cac in Paris is down 2.5%.
The euro has fallen 1% against the Swiss franc to 1.1259 francs.
Gold has broken through $1,865 an ounce as investors scramble for safe haven assets. Gilt futures reversed early losses and extended yesterday's gains, with the September gilt future rising 26 basis points to 130.66, although it trailed German bunds ahead of the latest British government borrowing figures, out at 9.30am.
They are expected to show that George Osborne will miss his target to cut borrowing to £122bn this year. Simon Hayes, UK economist at Barclays Capital, is expecting slightly worse outturns than the City consensus, forecasting borrowing for July to come in at £1.3bn (consensus £200m).
Marc Ostwald, FX, rates & EM strategist at Monument Securities, highlights the risks to this outcome:
Our fear is that reports of HMRC running out of paper to send out tax demands, HMRC staff layoffs (and resultant demoralization) and problems with the implementation of new technology could result in a much worse than expected outturn, with some talk also doing the rounds that some corporate entities are being treated with "kid gloves" for fear that they will relocate headquarters to other national jurisdictions. Throw in the likelihood that the cost of the policing efforts to quell last week's riots, and some slippage in spending cuts in associated areas, not to mention the likelihood of weak revenue growth (outside of VAT) due to weak growth, and the much praised Osborne budget consolidation plan could look a forlorn hope, and thus thrust the UK where it belongs namely into the debt crisis camp.
European bank shares have hit a two-year low - the European banking index is now down 3.1% at 133.50 after falling as low as 132.83 - its lowest level since April 2009.
Sweden's Swedbank lost 6% after the chief economist at Sweden's financial regulator said yesterday that Swedish banks should be better prepared as it won't take much for European interbank markets to freeze.
"Fears of a new recession in the United States have reached dimensions which were almost unimaginable only a few weeks ago," Rabeya Khan, an analyst at Close Brothers Seydler, told Reuters.
Oil prices have fallen as recession fears have led to expectations of lower demand around the world. Brent crude hit a session low of $105.05 a barrel while US crude touched a low of $79.17 at one stage, a fall of more than $3.
The pound is benefiting from the eurozone's woes. It hovered near a 12-week high against the euro this morning but lost ground versus the dollar. Sterling hit €1.15 and was down 0.3% against the dollar at $1.6465.
Michael Derks, strategist at FxPro, said: "Given the renewed demand for safe-haven currencies, sterling has fared quite well. Sterling is the least bad of the big currencies, but economically the country is still completely stuck in neutral."
There was a rare piece of good news this morning: the government borrowed just £20m last month, less than expected. That's excluding the impact of the banking bailout, the government's preferred measure. Including the effect, the government enjoyed a £2bn surplus.
The Office for National Statistics said the new bank levy as well as bumper receipts from self assessments and corporation taxes swelled government coffers. Local government borrowing was also lower, although the statistics office said this was unlikely to last.
Since the start of this year, the government has borrowed £40bn - £2.9bn less than in the same period last year. Britain's independent Office for Budget Responsibility has forecast that public borrowing excluding the banking bailout will total £122bn this financial year, more than £20bn less than last year.
The Treasury reiterated that it would stick to its tough austerity measures after the latest government borrowing figures were released.
A spokesman said:
Today's figures continue to show deficit reduction taking effect with the public finances in balance in July. However, as recent weeks' events have shown with the US ratings downgrade and continued turbulence in Europe, it is vital that the government sticks to its plan.
Another earthquake in Japan is clearly not helping matters. A 6.8 magnitude earthquake has hit the Tokyo region.
And what planet are European Central Bank policy makers on? Jürgen Stark has told German newspaper Handelsblatt: "(Euro-bonds) are a false solution, which ... provides completely wrong incentives." When asked whether the use of loose monetary policy by central banks is speeding up the crisis, he says: "Keeping interest rates too low for too long carries risks. Such a policy contributes to excessive risk-taking and wrong investments and therefore undermines an economy's growth potential."
On the other side of the pond, president of the New York Fed, William Dudley, has said (in response to the Wall Street Journal story that the Fed is keeping a closer eye on European banks) that the bank is "always scrutinizing banks." He added: "This is standard operating procedure, this is something that we do as a matter of course. It's really important to stress that we're not focusing on foreign banks any more than we're focusing on US banks. We treat foreign banks and US banks exactly the same."
Simon Derrick, chief currency strategist at Bank of New York Mellon has spotted a "Wile E. Coyote moment".
There have been times, particularly over the past week, when the euro's performance has reminded us of the point where Wile E. Coyote runs off the edge of the cliff and fails to fall simply because it does not occur to him to look down. Of course, all this changes the moment his forward momentum runs out, he finally glances into the chasm below and then falls to his fate.
Perhaps the point at which we felt that solid ground ran out for the euro to be replaced by thin air was at the end of chancellor Merkel and president Sarkozy's press conference on Tuesday evening. By rejecting the idea of Eurobonds or an increase in the size of the EFSF and, in addition, promoting the idea of balanced budgets, it seemed that France and Germany were pushing for extremely tight fiscal conditions for the periphery at a point where confidence in local markets was already ebbing away rapidly. If this were not enough, they also proposed to remove any comparative advantage that nations such as Ireland might enjoy by looking to harmonise corporate tax rates. The message was clear enough: Germany and France have scant interest at this point in doing anything other than protecting the credibility of their own markets and therefore have little to offer their non-core partners except even more austerity whether they like it or not.
Yesterday seemed to be the point when the eurozone finally looked down. The catalyst appeared to be a combination of the report in the WSJ that Fed officials were "very concerned" about European banks facing potential funding difficulties in the US and a rising wave of demands from Northern European nations for collateral from Greece. Whatever the case, the heavy losses seen on European bourses suggested that the fragile recovery in confidence was well and truly over. Particularly telling was the heavy losses seen in the stock prices of a number of high profile European banks. Given that this occurred after the imposition of the short selling ban, this seemed to indicate that this was something more than just a speculative attack. Tellingly, the euro began to come under pressure as well.
Holger Schmieding, chief economist at Berenberg Bank, Germany's oldest private bank, talks about the fear factor - and points out that panics don't last forever.
Usually, the dog wags the tail. Economic fundamentals shape financial market trends. But sometimes, financial panics or manias can be so pronounced that they distort the underlying fundamentals. For a while, the tail wags the dog. In the wake of some policy blunders, we have entered such a phase of panic.
It is the nature of panics and manias that they drive asset prices away from fundamental valuations. For a while, such exaggerations reinforce themselves as investors are inclined to pay more attention to facts, events or mere rumours that seem to justify their current concerns than to longer-run fundamentals.
Fortunately, panics do not last forever. Ultimately, reason prevails over fear and markets price long-run trends more accurately again. In retrospect, such phases of panic are eventually revealed as great opportunities. But before we get back to sanity in markets, the next few months could be exceptionally rocky.
We have had some technical issues. Back now with more news and commentary on the ongoing turmoil in financial markets.
Here are economists' thoughts on the better-than-expected UK public finance figures released this morning. Some say this puts the government back on track to hit its £122bn borrowing target for the year, although Amit Kara at UBS cautions the chancellor has "a little room for manoeuvre, but it is not much". Note that July is a key month for corporation tax receipts.
Philip Rush, UK economist at Nomura, says:
In July 2011, for only the third time in more than two years, public sector net borrowing including financial sector interventions was in surplus. With large income tax receipts received during July, this is a welcome return to a seasonal norm that has not been seen since 2008 - i.e. before the worst of the recession. Total revenues were 5.6% higher than in July 2010. This improvement, which reflects higher taxes and greater activity, was supported by moderation in government spending to its lowest rate of increase in 18 months.
Although GDP growth has been disappointing, employment growth has been surprisingly strong. On balance, this has kept public finances on course to meet the Office for Budget Responsibility's projections for the current fiscal year of £122bn. The pace of improvement should slow sharply in 2012 owing to the non-repetition of recent tax hikes. But by our calculations the UK's public finances are firmly on course to meet the OBR's projections and the gilt remit, despite disappointing growth. Unfortunately the euro area periphery is not achieving the same.
Colin Ellis, BVCA chief economist, says:
After an inauspicious start to the fiscal year, July's figures have closed some of the gap with the Office for Budget Responsibility's forecast of total borrowing (excluding interventions) of £122bn in FY11/12. However, it is still quite early in the financial year, and it remains to be seen if borrowing can stay low as the economy weakens.
Here is some analysis from Dominic Rossi, global chief investment officer, equities at Fidelity International.
Markets have fallen sharply once again, but why?
This time some suggested catalysts have been:
• Higher-than-expected inflation in July in the US
• A significant fall in the Philadelphia Fed business confidence index (to a level not seen since March 2009)
• Worse-than-expected US jobless claims this week
• A lack of market-friendly policy action from the meeting on Tuesday between the leaders of France and Germany
• Continuing fears over the strength of European banks and a possible freezing of interbank lending
But why are markets so volatile?
• This correction is an attempt to return to a more sustainable level –
investors believe the market rebounded too strongly after 2009
given new expectations for a long, slow, bumpy recovery
• But, the market is still unsure whether it has done enough to re-price risk
• In a low interest-rate environment, investors may have shifted their focus – a steady dividend yield is now relatively more attractive than the expectation of capital gains
• Investors are unsure what level of yield represents adequate compensation in a riskier world
Market volatility can persist for a long time
• When investors are nervous, markets can remain volatile
for a long time
• This makes investing uncomfortable….but history suggests
that these moments can be the best times to enter the
• The volatility we are seeing today is far less severe than
what was witnessed after Lehman Brothers collapsed in
• If you can stomach daily volatility there could be some
fantastic buying opportunities for investors with a longer-
term horizon
• The key is to look through the volatility and analyse the
underlying value available in the market
The deepening panic on stock markets has sparked new metaphors, with gold - which broke through $1868 an ounce today - being described as a "rocket ship". Jeremy Cook, chief economist at foreign exchange brokers, World First, said:
Gold is a rocket ship at the moment and there are many factors that make us expect further gains.
Firstly, the global recovery has juddered to a halt and, with the obvious uncertainty surrounding the situation, people have been looking to buy tangible assets.
Secondly, we are likely to see inflation remain high and with the prospects of further quantitative easing in the UK and US this will translate to an increased erosion of the value of money; something that gold investors tend to crow about…
There is more news on Finnish-led demands that the Greeks put up assets as security before the €109bn emergency package agreed in July is signed off. With Austria, the Netherlands and Slovakia also pushing for collateral, an official in Athens said this would undermine the bailout deal.
In an attempt to defuse tensions, Austria has proposed linking demands from eurozone states for collateral on loans to Greece to how much protection each country's financial sector will secure in a parallel private sector bailout for Athens.
Under the plan, Austria, whose banks and insurers have little exposure to Greece, would get collateral on its sovereign loans while heavily exposed countries like Germany and France would not.
Austrian finance minister Maria Fekter said:
If everyone demands collateral then [the rescue package] cannot be financed. That is why I proposed... that we combine the private sector involvement - the protection of the private sector - with the protection via collateral.
I hope that other countries accept this Austrian proposal.
We [Austria] have a low shore of private sector [involvement], which means we would get collateral under this model.
Greece's private sector creditors have agreed to take a 21% loss on their bond holdings. Banks and insurers that participate will be able to swap Greek debt for safe bonds backed by the European Financial Stability Facility bailout fund, limiting their losses.
Brokers with hands on their faces blog? That reminds me... whatever happened to the blonde woman who was all over the papers at the time of the Lehman Brothers collapse in September 2008, almost three years ago?Remember the
With the FTSE now down 125 points at 4967, a 2.5% fall, and only five risers on the bluechip index, some see buying opportunties.
Nick Bubb, retail analyst a Arden Partners, says:
If you want to buy when there's blood on the streets, and on the screens, then today is a good day, with the FTSE 100 below 5000, to pick up good quality, high-yielding general retail defensives like M&S (Buy) and WH Smith (Buy), as well as undervalued global retailers like Inchcape (Buy) and Kingfisher (Add). And in the food retailers we wouldn't want to be short of Morrison's (Buy), ahead of their interims on 8 September.
Ray Black, an independent financial adviser and managing director of Money Minder, says:
With interest rates so low, inflation so high and with such volatility being seen in stock markets, you need to have an active investment strategy and the opportunity to buy quality stock at great value doesn't come along very often and right now looks like a pretty good time to 'stock up' on cheap shares.
Of course, there is every possibility that there will be even better bargains presenting themselves over the next few weeks and months but 'waiting for the bottom' is a higher risk strategy that rarely pays off.
Instead, I believe that recognising when buying opportunities present themselves and taking advantage of them whenever you can is a much better option for the majority. Therefore, in true Warren Buffett style, I find myself reminding investors to "be greedy when others are fearful and fearful when others are greedy."
Taking all of the above into account, whilst also remembering that investing is a long term activity not a short one, in order to achieve higher returns on your investment portfolio the 'buy low, sell high' attitude we instinctively know to be correct seems much more relevant this week than it has done since July 2010 and before that March 2009.
Financial Times now. See 11.34am post.I'm reliably informed that the woman from Lehmans works for the
Masa Serdarevic, who became one of the faces of the banking crisis when she was pictured on the front pages leaving the Canary Wharf offices of Lehmans for the last time in September 2008, even featured in a David Hare play, The Power of Yes.
Switzerland's two biggest banks UBS and Credit Suisse have denied that they made use of the Federal Reserve's swap facility via the Swiss National Bank, insisting they have no liquidity problems.
There had been speculation that a Swiss bank had accessed the US liquidity facility via a $200m repurchase transaction with the SNB last week.
"UBS has not made use of the Fed facility through the SNB," UBS, Switzerland's largest bank, said in a statement. "Credit Suisse hasn't made use of the Swiss National Bank's U.S. dollar swap facility at the Federal Reserve Board," the bank said. "Our funding and liquidity positions are very strong - in all major currencies and especially in dollars."
The Swiss National Bank has been pumping liquidity into the market in a bid to weaken the franc, which has soared to all-time highs. In a sign of ample liquidity, the three-month Swiss franc Libor rate fell to a record low today.
ForexLive is tweeting rumours of an emergency Federal Reserve meeting in the US. Also on Twitter, ZeroHedge says: "Probability: negligible".
German stock market broker Simone Wallmeyer became one of the most enduring faces of the credit crunch when she was pictured in front of the share price index board in Frankfurt. See 11.34am post.Actually, this is the woman we had in mind earlier.
Hedge fund Cairn has warned that France's highly-prized AAA credit rating is likely to be downgraded and Germany could easily lose its top rating too.
The London-based firm's chief investment strategist Graham Neilson told Reuters: "There are very deep economic flaws in the whole euro mechanism," citing high debt levels, weak growth, divergence between member states and the European Central Bank's focus on inflation expectations.
"France is likely to be downgraded either on its own metrics but more likely as a result of potentially higher EFSF costs. The bigger the EFSF, the more France is liable (and) the worse France's credit rating the more it could be liable."
Some commentators have suggested the EFSF, which will be able to grant loans to countries, buy sovereign bonds and lend governments money to recapitalise banks, needs to be raised to up to €1 trillion from €440bn. However, French president Nicolas Sarkozy and German chancellor Angela Merkel have resisted the pressure.
France's own economics could also lead to a downgrade, said Neilson. "France's banks are three times more exposed to Italy than any other banking system in Europe and France's debt metrics and growth profiles are poor."
He added that Germany was also vulnerable to a downgrade, which would increase its cost of borrowing and put further stress on the global economy after S&P's downgrade of the US earlier this month.
"Germany could also quite easily be downgraded if the EFSF is forced to be larger, in a scenario where France and Germany end up with debt to GDP ratios of 120-125%. That's not good, that's not AAA," he said, adding that is probably the reason why the EFSF has not been increased in size.
Neilson added that August's sharp market sell-off, which has already seen the FTSE 100 fall around 15% this month, is throwing up other opportunities for bargain-hunters. "There are some of the best opportunities of the past two-to-three years around," he said. "Certain assets have overshot to the downside and over the past week you've seen the real whiff of fear in the market."
US futures are calling the Dow Jones down 140 points when it opens in 40 minutes. The FTSE is currently off 83 points at 5009, a fall of 1.6%. In Germany, the Dax is down 3% while the Cac in Paris has lost 2%.
More people are probably familiar with "death cross" now than before the latest market turmoil (it is not the name of a heavy metal band).
For chartists and market technicians, the death cross is a strong bearish signal that indicates a major downward shift in trading momentum. In the case of the S&P 500, a death cross occurs when the 50-day average for the index sinks below - or crosses over - its 200-day average.
Alea_ alea has just tweeted:
Death Cross rocks Wall Street goo.gl/vUCA3
Wall Street opened nearly 100 points lower but then recovered to trade down some 60 points at 10928, a fall of 0.56%. This cheered investors in London - the FTSE is now down just 55 points at 5033, a fall of 1.1%.
My colleague Simon Bowers has spoken to Edward Bonham Carter, the chief executive of Jupiter Fund Management. The retail fund manager delivered strong half-year figures and declared it would press ahead with the payment of its first interim dividend despite recent market turmoil:
The way we see it, standing back from the recent kerfuffle, it's got to be seen in the context of what we've been saying for a number of years, which is that we've expected growth in the western developed world to be anaemic. Why is that? because we still think we're dealing with the debt accumulation of the early 1980s to 2000 - and that's both at consumer level and more latterly at government level.
That's the background conditions in which this particular chapter [is playing out]... you've got the Euro sort of [straining] because of its inerrant flaws in its design - that's because of the more indebted nations in the South. And in the States, of course, the continuing rumblings are about the debt and the budget etc.
So those chickens are just coming home to roost. [The situation is] exacerbated by ... people saying: 'Growth is going to slow', and 'Are we going to double dip or not?' And the August flavour on top is that we don't think we've got any confidence in leaders to sort it out this time. Each little wobble has its own characteristics.
Apple is now worth more than the combined market value of the 32 largest European banks! Check out this graphic by Reuters/Scotty Barber.
The Dow Jones has turned positive, trading up 21 points at 11012, and European markets have recovered most of their losses. The FTSE is now down 14 points at 5078. In Frankfurt, the Dax has fallen 1.5% while the Cac in Paris is 0.7% lower. Time to hand over to my colleague Rupert Neate.
This is Rupert Neate taking over from Julia Kollewe, and I bring you good news. The FTSE is now in positive territory. The index is now up 3 points to 5,096.
But there's still a lot of red across the indices of mainland Europe. Spain's IBEX is down 1.3%, Italy's MIB is down 0.4%, Germany's DAX is down 0.4%, France's CAC is off 0.1%.
Oh dear. That rally didn't last very long. The FTSE 100 is now back in the red - down 11 points to 5,081
Bloomberg seems to think so.
Anglo American, a FTSE 100 mining company, is said to be exploring a possible bid for Australian miner Macarthur Coal. But it will have to battle it out with Peabody Energy, which has already put in a A$4.7bn (£3bn) bid.
There's more speculation about the possible bid in The Australian
The Footsie has fallen strongly again as we approach the close of trading. The index is now down 38 points to 5,055. The Dow is off 37 points to 10,954.
Economists at Morgan Stanley said that the US and Europe are "dangerously close to recession" and added "it won't take much in the form of additional shocks to tip the balance".
This week has seen a continuation of the trend of weaker than expected data and political reaction to the European problems which pretty much amounts to 'Let's have a get together a couple of times a year
says Gary Jenkins, an analyst at Evolution Securities.
Will Hedden at IG Index.Some word from the trading floor from our friendly sales trader
Still volatile, still solid volumes. Looks like that short covering rally is running out of steam towards the close.
Quieter than it was earlier, TV Cameras keep the atmosphere up, and unfortunately no pizza (getting stick for that too!)
You can find more about Will here
The FTSE has closed down 51.47 points, or 1%, to 5040.76 - its lowest close since August 11.
The Dow is currently down 0.5% to 10938 points.
Thanks for following us today, and if it kicks off again on Monday we'll be here.


text:
Roger "Bo" Ryles
News: Southscapes Fall 2009
Q&A with Roger "Bo" Ryles
By Sharon Dowdy
A Lasting Legacy & A Hard Act to Follow
Longtime State 4-H Leader Roger Bo Ryles retired from the CAES this August. Ryles connection to 4-H began when he was a child in elementary school, grew with his work as a teenage camp counselor at Rock Eagle, thrived when he was a young adult working as a county agent and flourished when he advanced from district 4-H coordinator to state 4-H specialist and finally Georgia 4-H leader and director. Before leaving the program, which now serves more than 166,000 Georgia students, Southscapes sat down with Dr. Bo to get a few parting words of advice.
When did you decide you wanted to work for the state 4-H program and did you have an early goal to someday lead the program?
I was first introduced to 4-H as a fifth grader at Eastman Elementary School. In high school, the idea of becoming a county agent emerged. By the time I was a senior at Dodge County High School, I was certain I wanted to be a county agent and work with 4-Hers. Being an effective 4-H agent was my dream. District and state opportunities come along as a natural progression of the job. I began to consider those opportunities based on strong encouragement from coworkers and Extension administrators like Don Cowan, Melvin Davis, Bill Edwards, Charles Roland, Tom Rodgers and Tal Duvall.
How has the program changed and grown since you were first named Georgia State 4-H Leader?
We have significantly built on traditional strengths. The 4-H centers have been greatly enhanced. Arch Smith (assistant state 4-H leader and now interim state 4-H leader) played a huge role in that work. We have surely weathered challenges and reinforced our role as partners with schools. Our relationships and credibility are very strong.
The Georgia 4-H Foundation Board, Advisory Committee, Master Club and Counselor Alumni are all working more in concert and have much broader representation and we have developed a strong group of specialized 4-H agents. The UGA Public Service Faculty promotion system has significantly enhanced our academic standing and credibility as educators. I feel 4-H is better known and understood in state government. I know we recently reached the best time in modern history of having cooperation at the national level between all partners. I am most proud of the talent and experience of our Georgia State 4-H staff.
What do you think are the key components of Georgia 4-Hs success?
There are several, including:
- Being a partner with public education at all levels;
- Sustaining a reputation of leadership with state and local elected officials;
- Our talented and hard-working staff;
- A supportive administration;
- Safe and outstanding 4-H centers; and
- Our large, engaged alumni base.
Where would you like to see Georgia 4-H in five to 10 years?
As current and needed as it is today. Id like to see 4-Hers enjoying all new cabins at Rock Eagle, a 4-H professional on staff in every county and more in our largest counties, an increased presence in our urban centers and continued enhancement of the school partnership. Id like to see us as a national leader in 4-H science efforts and serving an expanded role as the source for youth leadership development. Id like to see a 4-H Foundation that is even more prosperous in securing support for 4-H and another former 4-Her elected governor.
Mostly, I know I can only see through todays lens. My biggest hope is that visionary, engaged leaders will be leading Georgias best youth organization Georgia 4-H.
How do you plan to remain involved in the program?
So much of my life and my heart is with 4-H. Ill always be ready to help as needed, yet I understand now is the time for Georgia 4-H to move on with new leadership. I am confident Georgia 4-H will reach new heights of excellence.

subset: commoncrawl


text:
Global Exchange Reality Tours has been contracted by "Risk and Dignity" and "People-to-People" license holder NEEM [2] to arrange a research delegation that will examine Sustainability in Cuba through Art, Agriculture, Health and Community.
Participants for this tour will travel to Cuba under NEEM's People-to-Peope Special License. Global Exchange is a licensed Travel Service Provider by the Office of Foreign Assets Control [3] and will be arranging all logistics of this delegation.
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In the summer for 2012, the Office of Foreign Assets Control issued new regulations for travel to Cuba [4]. We have made the necessary changes to our operations to come into compliance with these new regulations. Please contact our office for current updates.
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Once registered, you will be contacted about the deposit by Drea. Payments by Mastercard, Visa and Discover are welcome. Deposits for Cuba delegations are non-refundable.
This trip will be as diverse as possible in terms of race, age and life experiences. In some cases, a limited number of partial scholarships are available for low-income applicants.


text:
Army recruitment going steady despite possible cuts
COLORADO SPRINGS, Colo. - Defense Secretary Chuck Hagel outlined a military budget proposal Monday that would reduce the size of the Army, but it continues to recruit as usual in Colorado Springs.
Under Hagel's proposal, the army would shrink from its current 552,000 soldiers to between 440,000 and 450,000. It's the smallest level it's been since before World War II.
"I trust that the Honorable Mr. Hagel and all those above us are going to do the best they can to make us the best and most elite fighting force that we can be," U.S. Army Major Herbert Flather said.
Flather is the company commander with Colorado Springs Army recruiting. He said they are still hiring. A smaller Army and a reduced combat role in Afghanistan could lower their recruit numbers, he said. But right now, it's business as usual.
"We're still hiring," he said. "Specifically, we're still looking for a lot of folks, active duty. We're looking for folks in every military operating specialty or MOS that you can think of."


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Hampton Inn Athens
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Hampton Inn Athens
About the hotel
Property Location
When you stay at Hampton Inn Athens in Athens, you'll be in the business district and convenient to State Botanical Garden of Georgia and Farmers Market. This hotel is within close proximity of Original Fine Art Gallery and Seney-Stovall Chapel.
Make yourself at home in one of the 112 air-conditioned rooms featuring LCD televisions. Complimentary wireless Internet access keeps you connected, and cable programming is available for your entertainment. Private bathrooms have complimentary toiletries and hair dryers. Conveniences include safes and desks, as well as phones with free local calls.
Don't miss out on recreational opportunities including an outdoor pool and a fitness center. Additional features at this hotel include complimentary wireless Internet access and a television in a common area.
Quench your thirst with your favorite drink at a bar/lounge. A complimentary hot/cold buffet breakfast is included.
Business, Other Amenities
Featured amenities include a business center, express check-in, and express check-out. Free self parking is available onsite.
Hotel Facilities
- Express check-in
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- Fitness facilities
- Free self parking
- Free breakfast
- Conference space
- Safe-deposit box at front desk
- Free newspapers in lobby
- Smoke-free property
- Total number of rooms - 112
- Dry cleaning/laundry service
- Outdoor pool
- Number of floors - 5
- Elevator/lift
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- In-room accessibility
- Express check-out
- 24-hour front desk
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- Multilingual staff
Room Facilities
- In-room safe
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- Sofa bed size twin
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Hotel Policy
Know Before You Go
- Children 18 years old and younger stay free when occupying the parent or guardian's room, using existing bedding.
The following fees and deposits are charged by the property at time of service, check-in, or check-out.
- Late check-out fee: USD 100
- Rollaway bed fee: USD 10 per stay
The above list may not be comprehensive. Fees and deposits may not include tax and are subject to change.Show all hotel policy Show less hotel policy


text: happend yesterday driving home from work, got on the gas n my turbo sounded like boost was dying out (this happend getting on the freeway) well nothing sounded real bad and my engine is running fine but high rpms my turbo doesnt sound like its getting as much boost as it used to so i can only assume my turbo has takin a crap? i dont have a boost guage by the way, but i have cai so im assuming by not hearing the turbo as loud as it used to be its not spooling up. the car only has 15,000 miles on it which sucks so anyone who can help will be much appreciated thx.


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Wildebeest creates the perfect present for new dog parents.
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i recently got a zit near my eye. actually i am not sure if it is a zit, it looks like one, underground and huge!!! i don't know where it came from but it somehow made my one eye smaller. just as it showed up, it popped! thank goodness, the swell and pain was gone too! they were already talking about a doctor's trip so thank goodness that's over. i used to like going to a doctor but now i know that i am okay, i dread being tinkered on unnecessarily!
My other human sister went out of town and returned home yesterday. She asked one of the other humans at home meet her at the street corner with Mochi. I however, was told to just stay in the kitchen and wait for her there.
THAT CANNOT BE!!! When Mochi goes out, I go out too. She can't get more trips than me! After all, its just at the corner of the street and I am very familiar there. So, when the rest of the humans were looking elsewhere, I made my escape, out of the kitchen, under the gates... voila! they are still standing there! They kept telling me to go back inside but I just pretended not to hear and understand them so they had no choice but to let me tag along with them! hahaha
Sister recently organized Mochi-grrr's t-shirts and she was able to fill a small container. Mine, on the other hand, can be counted because I have fewer than hers. At last count, I destroyed a red tank top, pink t-shirt, a flowered shirt. I don't know why I sometimes get possessed and feel a NEED to tear them apart. Not that I hate them though. Everybody says I am very cute when I wear them.
When I exercise outside the house, I hear kids who walk by telling each other that if ever they were reborn as dogs, they would wear t-shirts too! YEA RIGHT!!
Sister felt bad that I wear ratty shirts so she got me a couple of new ones last week. One is a peach sleeveless and the other pink spaghetti straps. So far, they are still intact and no visible stitching scars yet.
The househelps have given me a new nickname - one i hate but most undoubtedly deserve - VAMPY! as in vampire bec. I keep ripping up my clothes.
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2014 National Family and Youth Conference Presentations
Conference Presentation | February 24, 2014
1.1 The Big Picture: How We Can End Family Homelessness
Family homelessness can be ended. This workshop is intended for new conference participants who would like a broad overview of the policies and practice strategies that are helping communities reduce family homelessness. The workshop will include updates on Opening Doors, the Federal Strategic Plan, the new federal framework for ending family homelessness and federal efforts to end family homelessness.
1.2 Governance and the Building Blocks of Effective Homeless Assistance
How does a community build the infrastructure to end homelessness? The Collective Impact model describes some of the key components of a successful system change effort, including the importance of "backbone organizations" that plan, oversee, and support homeless assistance. This workshop will describe the important features and roles of governance entities in a successful effort to end homelessness.
1.3 Planning and Funding a Youth Homelessness System
Preventing and ending youth homelessness requires more than a collection of good programs. It requires a systemic approach that ensures that every young person gets the most effective assistance, and that all of the stakeholders in a community are working toward shared outcomes. This workshop will describe how to plan such a system, how that system interacts with the adult and family homelessness systems, and how it is affected by the Homeless Emergency Assistance and Rapid Transition to Housing (HEARTH) Act. It will also provide guidance for funders of youth programs about how they can use their resources to achieve the best overall outcomes.
1.4 On the Frontlines: Strategies for Case Management
Successful case management can play a large role in a client's ability to find and retain housing. Case managers increasingly use motivational interviewing to empower their clients to make decisions that will achieve better housing and personal outcomes. This workshop will cover this client-centered strategy focused on achieving specific goals and will also touch on the importance of trauma-informed care and cultural competency. Presenters will discuss implementing these strategies in your own case management work.
1.6 Health Care Reform: What's in It for Homeless Families and Youth?
The Affordable Care Act (ACA) has the potential to provide improved health services to vulnerable youth and families experiencing homelessness. This workshop will explain the ACA and other changes in health care and what they mean for ending homelessness. Presenters will also explore how homeless service providers are responding in order to improve health and housing outcomes in their communities.
1.7 The New Face of Veteran Homelessness
Homelessness among veterans has long been characterized by the aging Vietnam veteran. Now, veteran homelessness more closely mirrors nonveteran homelessness, including younger veterans and veterans with children. This workshop will provide an overview of veteran homelessness today, the impact of recent changes in the population, and how veteran service agencies should adapt to meet the needs of this more varied veteran population.
1.9 Preventing and Addressing the Commercial Sexual Exploitation of Homeless Youth
Runaway and homeless youth can be emotionally and physically vulnerable and can easily find themselves coerced into prostitution or falling victim to other forms of commercial sexual exploitation. The longer a youth lives on the streets, the higher the risk of exploitation. In this workshop, presenters will discuss strategies to identify youth at-risk of exploitation, and prevention and intervention methods.
2.1 From Vision to Design: Planning a Homelessness System
Ending homelessness requires more than just the right programs; it requires that those programs are part of a homelessness system that ensures that every person in the community who experiences homelessness receives the right intervention at the right time. This workshop will describe the essential features of such a system and provide examples of how to create one. It also will include an interactive exercise to demonstrate some of the principles and methods of designing a community's homelessness system.
2.2 Implementing Rapid Re-Housing: What You Need to Know
Rapid re-housing is a solution to homelessness that involves three main components: assistance searching for housing and negotiating with landlords; provision of time-limited rental assistance; and services focused on crisis resolution, housing stability and increasing income. This workshop will further define rapid re-housing and introduce best practices to use when implementing the model. Presenters will also provide examples of how to adapt the model for survivors of domestic violence and how faith-based providers and congregations can be involved.
2.3 Working Together to End Homelessness: TANF and Workforce Development Agencies
Temporary Assistance for Needy Families (TANF) and Workforce Development Agencies have an important role to play in ending family homelessness. This workshop will examine how housing and homelessness service providers are coordinating with TANF and Workforce Development Agencies to rapidly re-house families while also working to improve families' economic self-sufficiency through employment.
2.4 The Role of Transitional Housing
Transitional housing has been funded by HUD and VA for many years to provide longer term shelter and services to individuals, families, and veterans. This interactive workshop will explore what populations should be the focus of transitional housing programs and the appropriate role of transitional housing in ending homelessness.
2.5 Improving Your Crisis Response: Key Elements for Success
When people are at imminent risk of homelessness or initially become homeless, they turn to emergency shelters and other emergency assistance programs. This workshop will highlight the principles of an effective crisis response system, such as ensuring that communities are able to safely accommodate anyone seeking shelter (including survivors of domestic violence, people of all sexual orientations and gender identities, and families of varied configurations) and quickly meet emergency needs and put people on a path to re-housing. This workshop is targeted to local planners and Continuum of Care leaders.
2.7 Rapid Re-Housing for Veterans and Their Families
Part of the ongoing effort to end homelessness among veterans is the acknowledgement that the Department of Veterans Affairs (VA) has a duty to serve not only the veteran, but the veteran's family as well. To this end, VA has implemented a rapid re-housing and prevention program called Supportive Services for Veteran Families (SSVF). Although this grant can also serve singles, many recipients are families. This workshop will highlight promising practices and help both new and existing grantees best serve their veteran family clients.
2.8 Housing Models and Interventions for Families in Recovery
Successfully re-housing a family can be a challenge when an adult needs behavioral health supports for mental illness or substance use disorders. Presenters in this session will examine several models and service strategies, including harm reduction, that support family housing stability as well as individual recovery goals.
3.1 Research on Rapid Re-Housing
Building evidence on effectiveness is key to the continued adoption and funding of an intervention. As results from the Homeless Prevention and Rapid Re-Housing Program emerge, and communities continue to examine the impact of their rapid re-housing efforts, the evidence base on rapid rehousing grows. This workshop will feature evaluations of rapid re-housing programs' effectiveness, and how communities use them to build support and increase implementation.
3.2 Coordinated Assessment: An Introduction
Coordinated assessment can, and should, affect how your entire homeless assistance system operates. This workshop will review the basic components, including access, assessment, prioritization, and referrals.
3.3 What's Happening on the Hill? A Federal Budget Update
Congress has recently made numerous funding decisions that will have significant implications for homeless assistance programs' efforts to prevent and end homelessness. This workshop will provide an update on what current funding levels mean for the capacity of homeless assistance and affordable housing programs. Presenters will review where we are in the budgetary process and how you can impact key upcoming funding decisions through advocacy.
3.4 Retooling Transitional Housing: Steps for Implementing Changes to Your Program
Transitional housing providers are retooling their programs to align with HEARTH Act objectives and meet the needs of their local Continuums of Care and consumers. There are a number of issues to consider when moving to new models of service. This workshop will highlight providers who have retooled their family transitional housing programs into successful rapid re-housing models.
3.5 Improving Economic Self-Sufficiency: Enhancing Employment Outcomes and Increasing Income
Improving families' and youths' employment and income is a critical component of promoting long-term housing stability. This workshop will examine strategies providers are adopting to increase attachment to the labor market for the people they serve. It will also examine how to improve access to education and work supports for youth and par-ents, as well as the income supports they may be eligible to receive.
3.6 Ending Youth Homelessness through Family Intervention
Family conflict is the most commonly cited reason for runaway and homelessness incidents among youth. Despite this, most youth return home to their families or other caring adults. This workshop will explore family intervention models that are being used to help young people safely and appropriately reconnect with family to escape homelessness.
3.8 Understanding and Implementing VAWA: A Workshop for Homeless Assistance Providers
The Violence Against Women Act (VAWA) is an important piece of legislation that affects all survivors, not just those being served by domestic violence agencies. Presenters in this workshop will give an overview of VAWA, specifically the expansion of housing protections to survivors being served in McKinney-Vento funded homeless assistance programs, and why understanding these protections is important for program staff and the survivors they serve.
3.9 Wide Open Spaces: Addressing Homelessness in Rural Areas
There are many unique challenges to serving people experiencing homelessness in rural areas, including a lack of resources, siloed service providers, and vast distances to cover. In order to fully address homelessness in America, Balance of State Continuums and rural areas will need to operate at maximum capacity. This workshop will explore critical success factors for rural areas and what might work in your community. Attendees should come prepared to discuss their own challenges and successes, particularly around transportation, engaging faith-based providers, and identifying creative funding streams.
4.1 Q&A with HUD: Federal Priorities and Progress on Ending Homelessness
In this workshop, presenters from the U.S. Department of Housing and Urban Development will address such topics as the implementation of the HEARTH Act, specifically as it relates to homeless youth; implementing cuts in the next Notice of Funding Availability; dealing with sequestration; the rental assistance issue; and the impact new Violence Against Women Act protections will have on McKinney programs. Attendees should come prepared with questions, as presenters will make themselves available to respond to audience questions about HUD homeless assistance programs.
4.2 Research on Families and Youth
This workshop will feature findings from studies conducted by leading family and youth homelessness researchers. Presenters will focus on the characteristics and service needs of families and youth experiencing homelessness and the effectiveness of intervention models. Key policy and practice implications will be discussed.
4.3 Drilling Down: Advanced Concepts in Coordinated Assessment
Are you looking to refine your system's coordinated assessment process? This workshop will discuss how to give your coordinated assessment process the best chance for advancing positive system change. Topics covered will include developing prioritization standards, linking coordinated assessment with permanent housing options, and using data from coordinated assessment to improve service delivery.
4.5 Housing and Service Interventions for Young Adults
For those homeless youth who are unable to quickly return home, the homeless assistance system needs to have appropriate housing and service response options. This workshop will examine a variety of short- and long-term housing and service models for homeless youth, including rapid re-housing, transitional living programs, and permanentsupportive housing.
4.6 Using Child Welfare Resources to House Families
Families being served by the child welfare system often experience homelessness or housing instability. Presenters in this workshop will discuss opportunities to partner with child welfare agencies and promising strategies for housing families using child welfare system resources.
4.7 Leveraging Successful Landlord Relationships
Successful housing search and landlord engagement strategies are key components of robust rapid re-housing programs. This interactive workshop will provide examples that providers have used to place families and youth in housing units, despite the fact that the rental assistance is short term. Examples will include landlord incentives, marketing tools, and models of shared housing that can be particularly successful in high-rent and low-vacancy communities.
4.8 Reaching and Engaging Homeless Youth through Social Media
Research shows many homeless youth are active users of social media. In this workshop presenters will address the advantages of using social networks like Facebook, Twitter, and others to connect and maintain communication with youth who might not otherwise engage the homeless assistance system.
5.1 Community Performance Improvement: Using Reallocation Strategies to Meet System Needs
Communities are using performance standards and reallocation strategies to effectively change their homeless service system. This workshop will highlight communities that have implemented performance standards and reallocation strategies to ensure that they have the right components to effectively reduce homelessness. Presenters will share tools utilized for prioritization and reallocation.
5.3 Homelessness Prevention and Diversion
Well-designed homelessness prevention and diversion strategies can provide better options for people seeking shelter, reduce shelter overcrowding, and make existing shelter available to more people who would otherwise live on the streets. Presenters will describe techniques for targeting prevention assistance, identifying diversion possibilities, and facilitating stable shared housing arrangements. The workshop will also explore the impact of effective prevention and diversion strategies on shelter capacity.
5.4 Advocacy's Impact on Ending Homelessness
Decision-makers on Capitol Hill do not always understand the impacts their actions have on local homeless assistance systems. Advocacy is the process of sharing that information, and it works. This advanced advocacy workshop includes targeted organizing strategies, innovative messaging, and how to put it all together into an effective advocacy campaign.
5.5 Making the Case: Partnering with Public Housing Authorities
Public Housing Authorities are facing difficult times because of federal budget cutbacks. Yet even in times of austerity, many communities are working with their Housing Authorities to create more housing options for people experiencing homelessness. Presenters will describe how communities can create mutually beneficial partnerships between the homeless assistance system and Housing Authorities even in these challenging times.
5.6 Promoting Housing Stability for Newly Re-Housed Families and Youth: Case Management and Financial Assistance
This workshop will examine how rapid re-housing providers tailor case management services and financial assistance to promote housing stability for newly re-housed youth and families. One important strategy is progressive engagement, in which intensity and duration of services and financial assistance are adjusted based on an ongoing assessment of household needs. Another is increasing household income through< employment.
5.7 Early Intervention: Improving Youth Outcomes
Runaway and homeless youth face all sorts of dangers when living on the streets, including exposure to drugs, physical and sexual violence, and even recruitment to gangs and prostitution. Some of these dangers can be avoided by either preventing a runaway episode in the first place or immediately intervening to help a youth reunite with family or access alternative emergency housing. This workshop will focus on strategies to target youth most vulnerable to a runaway episode, as well as outreach efforts to identify youth early in their homelessness experience and protect them from the dangers of living on the streets.
5.8 Ending Homelessness for Youth Aging Out of Foster Care
More states are choosing to extend foster care for youth until age 21. In doing so, states are designing new approaches that offer these older youth greater autonomy. They are also designing housing and service models that are appropriate for young adults' developmental life stages. This workshop will examine the most promising policies and practice models child welfare agencies are adopting.
5.9 Improving Point-in-Time Counts for Youth
The January 2013 point-in-time count was the first time that HUD asked communities to differentiate unaccompanied children and unaccompanied youth under the age of 25. Nationwide fewer than 50,000 unaccompanied homeless children and youth were counted and many Continuums of Care, including in some major cities, counted zero unaccompanied children and youth. This workshop will focus on how communities can do a better job of capturing unaccompanied children and youth in their point in time counts with a focus on community planning and volunteer training leading up to the January 2015 point-in-time counts.
6.1 Taking Your Rapid Re-Housing Program to the Next Level
Households considered to have high barriers to housing, including those with no current income, can be successfully rapidly re-housed. Presenters in this workshop will discuss strategies for rapidly re-housing these populations including creating shared housing and roommate situations; and for evaluating and measuring the success of these programs.
6.2 Using Organizational Change Strategies to Create a Systemic Approach to Ending Homelessness
Participating in a systemic approach to ending homelessness challenges service providers to rethink many aspects of their programming. Organizations may have to change their internal policies, their organizational structures, and in some cases, their founding missions and components of their programming to better fit the broader community's needs. This workshop will examine the use of the learning collaborative model to help organizations adapt to system-level changes while creating smooth transitions for staff, funders, and consumers.
6.4 Serving People Better through Emergency Shelter
Emergency shelters are an important part of a community's Housing First strategy. This workshop will cover numerous topics, including: inclusive emergency shelter policies for subpopulations such as LGBTQ persons, incorporating rapid re-housing principles to help families and youth exit shelter more quickly, and ensuring high standards of health and safety. The workshop is designed for shelter providers who are looking to improve the way they serve families and youth.
6.6 Frontline Interventions to Support Children under the Age of Five
Schools and early learning programs can offer vital links to services that protect young children and promote their long-term health, development, and academic outcomes. This workshop highlights successful partnerships that work to close the bridge between early education programs and the homeless service community.
6.7 Building Supports for Homeless Youth
Youth and young adults, particularly those who cannot return home to family, require the support of caring adults. This workshop will focus on service models that help youth build a supportive network, achieve education and employment goals, exit homelessness, and establish independent households.
6.8 Assisting Undocumented Immigrants
Identifying and providing assistance to undocumented immigrants is complicated by a number of barriers, including language, questions about legal eligibility for programming, and cultural differences. Presenters will discuss legal restrictions for certain resources, options available to programs serving undocumented immigrants experiencing homelessness, and outreach into immigrant communities to ensure their needs are not being neglected.


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Hawthorne: Sick horse euthanized, herpesvirus test results pending
STICKNEY, Ill. – A horse died Wednesday at Hawthorne Race Course after exhibiting symptoms consistent with the equine herpesvirus, which has infected the backstretch here. Result of herpes tests administered to that animal and another ailing horse in the same barn weren't available Thursday afternoon, but if herpes is confirmed, it would be a setback in efforts to push the virus out of the Hawthorne stabling area.
Trainer Dale Bennett confirmed Thursday that a 2-year-old filly named Ginger and Spice had been euthanized Wednesday. Ginger and Spice, a $150,000 2-year-old in-training purchase owned by the Savoy Stable, had run a fever periodically for several weeks, but it was only Wednesday morning that she exhibited more serious symptoms. Bennett said Ginger and Spice lost coordination in the morning and stood motionless in her stall for hours. An attempt was made to move Ginger and Spice from Bennett's barn to an EHV-1 isolation barn but the filly fell, could not rise, and had to be put down.
Illinois state veterinarian Dr. Dawn Folker-Calderon and Hawthorne assistant general manager Jim Miller both emphasized that EHV-1 had not yet been diagnosed in Ginger and Spice. Bennett, however, said he was "one-thousand percent sure" the filly had contracted the disease. Folker-Calderon said that even if a positive test is returned, the protocols already established here to try and slow the virus's spread would basically remain unchanged.
Bennett's horses are housed in Barn E along with those trained by Michael Reavis. A Reavis-trained filly also showed neurologic symptoms Tuesday and was moved to the isolation area in Barn K-2, which houses 10 horses now. She was said to have suffered in the past from equine protozoal myeloencephalitis, a disease that also can produce loss of coordination.
It had been 18 days since a new case of EHV-1 had been reported, leading horsemen and racing officials to hope the outbreak was winding down. If a positive is confirmed from Wednesday's cases, the timeframe for Hawthorne to come out of a state-imposed quarantine would be pushed back accordingly. No horses stabled here are permitted to leave except for medical emergency, and any horse shipping here must remain at Hawthorne.
EHV-1 was first diagnosed Oct. 14 in Barn A, which sits on the western edge of the backstretch. A minor flare-up occurred in Barn C, which lies in the middle of the main row of barns, but Barn E – the Bennett barn – is located near the property's east end.
Bennett said that for weeks horses in his care have run fevers at about four or five times their typical rate. Bennett kept his horses in the barn Thursday, but Reavis-trained horses exercised with the general population during regular training hours. A separate training period for horses that have tested positive for EHV-1 or have displayed neurologic symptoms of the disease has been set up later in the morning.
And the absurd statement that Jim Miller made recent about Bennetts ! Trying to hide & say there horse had something else What a coverup they are trying to do!!!! Something horses should not be able to train cuz this is a AIRBORNE VIRUS wHICH IS WORSE & this one is deadly This is just aweful & some outside department should step in & control this>>
Keep moving the horses around Doesn't help at all! Should have been Quarantine a long time ago!
Trainer Mike Reavis is a Idoit Knowing him He's probably laughing about it He thinks everything is a joke!!! I know the Bennetts are care about there horses & are exceptional care givers & A good Trainer And Horseman!!!
This disease is obviously spreading, how many more horses need to die before coming up with a new plan. Maybe the track should be shut down and horses moved to farms until the spring meet starts again.I Hate to say this, but, I know that if this disease was killing humans the track would have shut down until it is safe again. Animals should be equally important. Maybe its the infestation of rats!!!!
I'm trying to figure out why horses that were housed in the same barn as the euthanized filly were allowed to train with the general population. The outbreak is far from contained if horses are still running fevers . If any horse runs a fever is it being tested ?
A special training period for horses walking sideways. that nice.
For the life of me I don't know why racing continued after the first case was identified. Why were horses being shipped in and out of the track to race. So now the virus has moved out of Barn A and hit barn B. Spreads like wildfire. When I researched the FMD in the UK in 2000/01 we found that vets and loree people were carrying the virus on their shoes, on loree tires etc. When someone went from Barn A to Barn E they might have unconsciously carried the virus. Every item in Barn A was suspect of infection. Sometimes grooms will use a brush to clean feeding tubs from other horses. Things like this. The track should have closed down early, meet ended at the onset. The less horses in the barn area the better.
I've read this article once over again to try and understand a few important points but failed. This is a very concerning situation that hasn't been controled. Time for their protocols to be changed. Their efforts have failed, horses continue to die, I think it's time they called in somebody who has handled a situation like this before and knows what to do. Time is of the essence.
How tragic. Poor Ginger and Spice. Such a lovely name, I'm sure was a lovely horse. Rest in peace, sweet filly. It's distressing to read this update after they had been so hopeful that they had turned a corner in fighting this disease at Hawthorne. I am praying for all of the horses that are sick or at risk. I'm also praying this disease is finally conquered along the backstretch of Hawthorne. These poor horses have been through enough.
Fever several weeks before move to isolation barn... I just read that, right???


text: Louis Gale, P.E. from Raleigh, N.C., sent me these photos of a regular extension ladder that was being used as a cable tray at a tower used for cellular phones and other communication purposes in eastern North Carolina. The drooping communications cables and the makeshift cable tray are violations. See Section 392.1. Article 392 covers cable tray systems, including ladder, ventilated trough, ventilated


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NEW YORK—On Tuesday evening I went to the dinner given by the International Rescue Committee in honor of Admiral Richard Evelyn Byrd, who just returned from his latest Antarctic expedition.
Admiral Byrd is honorary chairman of the IRC, which was founded in 1933 as a voluntary American organization to aid escapees from dictatorship, terror and oppression. It has a very strong board.
There was a large attendance at the dinner, even though it unfortunately was held at the same time the Overseas Press Club was giving its dinner at which former President Harry S. Truman spoke.
The dinner for Admiral Byrd opened with an address by Angier Biddle Duke, with Leo Cherne, chairman of the IRC, presiding. Richard C. Patterson, New York City's commissioner of commerce and public events, represented the mayor in presenting the medal to Admiral Byrd for distinguished service to science and the world.
As Admiral Arleigh Arthur Burke reviewed Admiral Byrd's whole career, I remembered the boy we knew so many years ago when my husband was Assistant Secretary of the Navy and Richard E. Byrd was a graduate of the Naval Academy who, because of an injured knee, was threatened with retirement from the service.
I can remember his joy when his knee soon healed and he was returned to active service, and recall many of the good times we had together.
My husband and I once gave a fancy dress party to which all the guests were invited to come dressed as characters out of books. Young Richard E. Byrd had no way of getting a costume so, prophetic as it may have been, I dressed him up as one of the Gilbert and Sullivan opera "admirals."
None of us knew what fate held for him then, but certainly no one has had a more fruitful and satisfactory life. Even now, there is something of the young man about him. But I must say that Mrs. Byrd looks even younger than he does and is much the same person whom I knew as a young woman—gentle, self-effacing, disliking publicity, but pretty and full of charm and tact.
It was a pleasure to see their children Tuesday night—all grown up since I last saw them and with children of their own. I don't know whether other people are as surprised as I am at the rapidity with which those we still look upon as young grow up!
The Nation magazine for April 7 has used on its cover one of my favorite etchings of my husband, done by Oskar Stoessel, a Viennese who fled Austria after the Anschluss. Mr. Messersmith gave him a letter to my husband, who sat for this portrait in 1940.
This etching illustrates an article by Rexford G. Tugwell called, "F.D.R. Living Memorials." I like the article very much and look forward to the book on which Mr. Tugwell is now working.


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http://www.allpar.com/news/index.php/2012/06/chrysler-sales-up-30-in-mayChrysler Group today reported U.S. sales of 150,041 units, a 30 percent increase compared with sales in May 2011 (115,363 units), and the group's best May sales since 2007.The Chrysler, Jeep, Dodge, Ram Truck, and Fiat brands each posted increases in May compared with the same month a year ago. The Fiat brand set a sales record for the fourth-consecutive month and the brand's 128 percent year-over-year sales gain was the largest percentage increase of any Chrysler Group brand in May.Several additional Chrysler Group models posted record sales in May. The Jeep Wrangler SUV and Dodge Challenger each set all-time monthly sales records, while the Chrysler 200 and Dodge Avenger mid-size sedans set sales records for the month of May.
FIAT Brand: FIAT brand sales were up 128 percent in May versus the same month a year ago, the largest year-over-year sales gain of any Chrysler Group brand. The FIAT brand set a sales record in May, the fourth-consecutive month that the brand has set a new record this year. May marked the first full month of sales of the Fiat 500 Abarth.Chrysler Brand: Chrysler brand sales were up 81 percent in May, the brand's best May sales since 2008 and its 11th-consecutive month of year-over-year sales gains. All three Chrysler models contributed to the brand's strong sales performance in May. Sales of the Chrysler 200 mid-size sedan, the brand's volume leader for the month, were up 87 percent, a new sales record for the month of May.Sales of the Chrysler 300 full-size sedan were up 140 percent, the model's best May sales in five years. Chrysler Town & Country minivan sales were up 56 percent in May compared with the same month in 2011.Jeep® Brand: Jeep brand sales were up 24 percent, posting the brand's best May sales performance in 12 years and its 25th-consecutive month of year-over-year sales gains. The Jeep Wrangler, the brand's volume leader for the month, set an all-time sales record in May with its solid 44 percent sales increase. May sales of the Jeep Liberty mid-size SUV were the best since 2007.Sales of the Jeep Grand Cherokee increased 40 percent in May, the model's best May sales since 2005.Dodge Brand: Dodge brand sales increased 14 percent in May, the brand's best May sales in four years and its 12th-consecutive month of year-over-year sales growth. Two Dodge vehicles broke sales records. The Dodge Avenger mid-size sedan set a new sales record for the month of May with its 93 percent year-over-year increase. The Dodge Challenger muscle car set an all-time monthly sales record in May. The Dodge Grand Caravan minivan, the brand's volume leader in May, and the Dodge Journey full-size crossover, each had their best May sales in four years.Ram Truck Brand: Sales of the Ram pickup truck, Chrysler Group's volume leader, were up a sound 29 percent in May compared with the same month a year ago. It was the pickup truck's 25th-consecutive month of year-over-year sales gains and its best May since 2007. Both Ram light- and heavy-duty pickup trucks posted sales increases in May. Of the Ram light-duty truck sales, the regular cab pickups posted the largest percentage sales increase in May, but the quad cab trucks led in volume. The Ram Truck brand posted its best May sales in five years.
Sometimes a picture says it all:(We should start calling it "Chrysler face.")
___"I'd shut [Apple] down and give the money back to the shareholders."-Michael Dell, 1997
I didn't know they sold an Avenger.
_______________________________Have you driven a Coyote... lately? The beer can that tows your Chevy or Fiat/Chrysler.
Thats awesome news, so it seems the bailout is finally lifting its ugly head from the American auto industry. Herewas an article depicting which approach would work best for US Automakers, it seems like the industry is picking itself back up, hopefully for good without taxpayers help. One can only hope
LOL I'm Out. That guy was a toolbag...
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~-2013 F150 FX4 5.0Formerly Blackstallion4209
____________________________Keep it on the track/strip and off the street. Brands Owned: BMW, Hummer, Ram, Dodge, Jeep, Ford, Toyota, Chevrolet. Beware the trolls: usually followed by Ford logic of some sort.
hi Welcome to this Forums site here u canfind lots of things i suggest you for your problem you have to contact friends or any other expert. i am not able to give you answers right now, sorry, for that! 2013 MERCEDES BENZ SL-CLASS
Chrysler really greatHUAWEI G700


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Photo: Genius Loci/Courtesy of Hotel Caruso
Hotel Caruso Ravello, Italy
IN THE SWIM This heated, cliff-edge infinity pool, part of a $30 million restoration of an 11th-century palace turned luxury hotel, looms some 1,150 feet above the Mediterranean Sea.
POOL SCHOOL The 69- by 39-foot pool, designed by architect Gennaro Passerotti, is strategically sited under the shadow of the original palace's picturesque ruins.
BEST TIME TO DIVE IN March through June, with temperatures in the 80s.
AFTER DRYING OFF Tour the property's Belvedere Gardens, fragrant with the sweet scents of jasmine, white roses, and citrus trees.
RATES Rooms start at $596; 800/237-1236 or
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Chapter 4 : Chapter 3 The Chase
|Rating: Mature
|Chapter Reviews: 1
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The Chase
Disclaimer: I dont own the Harry Potter characters JK Rowling does. But the fanfics I write are my ideas.
Harry was running trying to catch her, but she was too quick for him.
As she reached the elevator she pressed the up button but didnt go in.
Instead she pressed the 4th floor and took another elevator to the roof.
By the time Harry and the wizards got to the 4th floor it was empty.
NO! He yelled.
Once again Hermione escaped.
Remus and Sirius hurried over.
They had arrived in Russia 2 days ago.
Harry, did we get her? Sirius asked.
Harry shook his head, no.
She got a jeweled chest and fled. He said softly.
Sirius slapped his hand to his forehead.
Oh no! he moaned.
Sirius, what was in that chest? Harry asked.
The elderly man shrugged.
I dont really know but all I know is that it holds files of powerful spells. He said, darkly.
* * *
Hermione sat on a bed in a hotel not far form the Winter Palace.
She ate while she looked through the files.
It was the ultimate files of spells.
Then she stopped.
The spells that can kill Voldemort were now in her hands.
Wiping ketchup from her lips, Hermione began to memorize all the spells.
Then she heard a voice from the hall.
Hermione, where are you?
It was Harry.
She frowned and finished the rest of her porgies and got the files back in the chest.
Then taking a duffel bag she stuffed it inside along with her, laptop, clothes, books, and moneybag.
Then she slung it over her shoulders and opened her window and climbed out.
Now to find Voldemort. She whispered as she walked along the ledge.
Then she climbed back into an apartment.
Sorry. She said to a couple making out.
Then she opened the door and stepped out.
Harry was now at the end of the corridor when she cleared her throat.
Very soon, Harry. Hermione called.
Quickly, Harry spun around and saw her looking at him, but then she turned and walked away.
He ran and found her waiting for him.
Im sorry, Harry. She said.
But he pressed his fingers to her lips.
Then him kissed her.
It turned into a passionate one.
Then she pushed him away.
Stay away, harry. My mission. She snapped.
Then she ran and jumped through a window.
Harry looked after her.
I love you. He whispered.
* * *
Hermione growled in frustration.
Harry was getting too close and she was nearly finished.
Where are you, Voldemort? she mumbled, chewing on her burger, and typing on her laptop.
Just then Voldmorts face appeared.
Why hello, Dr Granger. He said smiling.
She scowled.
Voldemort. She said.
His red eyes flashed.
You wouldve been my top death eater you know. He said thoughtfully.
I wouldnt have became a death eater even if it was the last thing on this planet! I wouldnt trade me freedom for a life of death and darkness. Hermione snarled.
Freedom? What freedom will you have once you go to Azkaban? Voldemort said laughing his cold icy laugh.
Doctor, youll find me in Iraq. And here.
A small mirror popped out.
It was very beautiful.
Youll have to use that to locate The Hanging Gardens of Babylon. He smiles then vanished.
She looked at he mirror.
This is it. Once I perform the spell that will destroy Voldemort Ill go freely to Azkaban. She promised.
Then she made a copy of the mirror and sent it to Harry.
Knock knock
Who is it? Harry asked.
Special delivery to Mr Harry Potter! said a womans voice.
He opened the door.
There stood a woman holding a package.
Sign here, please. She said holding out a form.
Harry took it and signed it, and then he handed back to her.
Thank you. She said and she gave him the package and left.
Then closing the door Harry opened it.
Out fell a mirror with jewels on it and a video.
He picked up the video and popped it into the VCR and flipped on the TV.
Hermiones face appeared.
Hello, Harry. Im on my way to Iraq. My mission is almost complete. And now its time to tell you why I stole those files, she said.
Harry gaped at her.
My mission started about t years ago when we graduated form Hogwarts. There Professor Dumbledore told me about the files in the vault at the Ministry of Magic. He trained for 4 years while at Hogwarts at first I didnt know why then he told me. My mission will end in Iraq and so there I will find Voldemort and kill myself. Harry, in my 6th year he went to my parents house and murdered them. But I know that the dementors will also be hunting for me too as well the Ministry and you, Harry Potter.
Harry, I love you so much. But then again you are a member of M.E.T.A.D.M, so youll have to arrest me once you catch me. The mirror will locate me for you.
Harry, Ill miss you while Im in Azkaban.
Good bye, Harry.
And she blew him a kiss, then the screen went blank.
No, Hermione. He whispered.
Then clipping on his cape and cloak Sirius walked in.
Harry, where are you going? he asked.
Harry turned to him.
Im going to save Hermione. He replied putting his wand in its holster.
WHAT! He gasped.
Im going to save her. He said again.
Then he moved swiftly towards the door.
Sirius stopped him.
Harry, you cant. he growled.
Harry turned to him again.
Ive got to, Sirius. Shes going to find Voldemort on her own! he begged.
Sirius shook his head.
Its a trap! Shes going to kill you, Harry! Sirius snapped.
Harry frowned at him.
Even if it is a trap. She wont kill me. He said.
Sirius frowned.
Harry, how would you know?
Because Im her friend. And I love her! he shot.
Sirius went silent.
All right, Harry. I support you. But if you die-
Then the dementors will perform the kiss on her. Harry finished for him.
Sirius smiled, wearily.
Then shaking his hand firmly, Harry left.
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St. Andrews Links in St. Andrews
Thinking of planning a city break to St. Andrews. Expedia have a great range of hotels and accomodation in St. Andrews near St. Andrews Links that will help make your stay that little bit more special. But before you go make sure to check out the Expedia travel guide on St. Andrews Links first, so you can find out everything you need to know before you go away.


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The radiologic technology degree is a two-part program designed to help students gain the necessary experience and expertise in preparation for a career in radiologic technology. Graduates of this degree program will study for two years at an American Registry of Radiologic Technologists (ARRT) program (60 hours) and two years at Friends University. The two years at Friends University include courses in humanities and the basic sciences. Although Friends is affiliated with the Hutchinson Community College's Radiologic Technology program, students may attend any ARRT-approved clinical program.
Each professor in the program has earned a Ph.D. and is actively involved in teaching and in a variety of research projects with undergraduate students.
Facilities are located in William Penn Science Building, a modern science and math building that includes a computer facility, research and teaching labs, faculty offices, and lecture rooms.


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The European English Dragonica Closed Beta is running between Wednesday May 13th and Friday 22nd May 2009. Developed by Barunson Interactive and published by gPotato.eu , Dragonica is a free to play game. The Open Beta is planned for June 2009.
Dragonica is the arcade-style 3D side-scrolling MMORPG, bringing the best of side-scrolling arcade action to a MMO setting in the vibrant world of Dragotaka. Featuring detailed 3D graphics, frantic combo-based combat, ten player PvP multiplayer mode, Guild support and all the MMO features players expect, Dragonica features very low specifications and is playable on most desktops, notebooks and netbook computers.


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Cappuccino Caramel Chocolate Cookies
Didi Dalaba
Three of my favorite flavors!!
These babies are "rockin good"!! They are cripsy and gooey, then throw in the flavors of the caramel and then the chocolate... oh my goodness good!!
I hope you enjoy them as much as we do!!!
Blue Ribbon Recipe
- 1 c
- crushed werther's caramel hard candies
- 2 c
- all purpose flour
- 1 tsp
- baking soda
- 1/2 tsp
- salt
- 1/2 c
- crisco shortening
- 1 stick
- (1/2 c) unsalted butter, softenend
- 1/2 c
- sugar
- 1/2 c
- light brown sugar packed
- 1
- egg
- 1 tsp
- vanilla
- 1 1/2-2 Tbsp
- instant coffee granules
- 4 tsp
- water
- 2 c
- (1 pkg) semi sweet chocolate chips
- 2 Tbsp
- shortening or butter
Using a small wet cookie scoop (wet - meaning that you dip the scooper in water every 2-3 scoops to ensure easier handling), scoop out dough and bake for 7-8 minutes. Remove from oven, and let the cookies rest on the cookie sheet for a few minutes till able to easily remove without breaking unto the cooling racks.
Cooks notes: Please use 2 gallon size bags to crush the Werther's caramels using a meat grinder or rolling pin. If you place the candies in a food processor, they will grind up nice and fine, however, it will change the conistency of the cookie. Place candies in one bag, place another bag over, and then take out your frustrations....


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A 11/28/07 letter from Representative Lofgren to USCIS expressing concern about a possible memorandum that would deny adjustment of status to certain domestic violence victims who have approved self petitions under VAWA.
[[To print the PDF on this page please use the print function in the PDF reader.]]
Cite as AILA Doc. No. 07121368.Open the Document
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Archie Ray Ardoin, 51, James Funeral Home
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Ameral International, Inc.
Address: 7 Railroad Avenue, Brooklawn, NJ
Business Type: Distributor, Service
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Archtec Electronics Corporation
Address: 117A Docks Corner Rd., Dayton, NJ
Business Type: Distributor
Crestron Electronics, Inc.
Address: 15 Volvo Drive, Rockleigh, NJ
Business Type: Manufacturer
Description: Crestron is the world's leader for advanced home, campus & building control automation solutions. Crestron touch screens & keypads provide solutions for audio, video, computer & environmental system control in order to connect you to the ultimate technology lifestyle. At... (more)
Datatek Applications, Inc.
Address: 379 Campus Drive, Suite 100, Somerset, NJ
Business Type: Manufacturer
Future Electronics
Business Type: Distributor
Description: More Than a Distribution Company Future Electronics' is a world-class leader and innovator in the distribution and marketing of semiconductors and passive, interconnect and electro-mechanical components. They operate in 169 locations in 41 countries in the Americas, Europe and... (more)
Address: 2000 Crawford Place, Suite 900, Mount Laurel, NJ
Address: Parsippany Place, 959 Route 46 E, Suite 303 3rd Floor, Parsippany, NJ
Information Data Products
Address: 353 Richard Mine Rd., Wharton, NJ
Business Type: Distributor
Neteon Technologies, Inc.
Address: 19 Schoolhouse Road, Somerset, NJ
Business Type: Distributor
Radiant Communications Corporation
Address: 5001 Hadley Road PO Box 867, South Plainfield, NJ
Business Type: Manufacturer
RAM Electronic Industries, Inc.
Address: 1704 Taylors Lane, Cinnaminson, NJ
Business Type: Distributor, Service
Raritan Computer, Inc.
Address: 400 Cottontail Lane, Somerset, NJ
Business Type: Manufacturer
Address: 1933 Highway 35, Suite 105 - 365, Wall Township, NJ
Business Type: Manufacturer