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Topic: Evidence points to breakdown in US / UK Relations (Read 19206 times)
Posts: 6,190
Re: Evidence points to breakdown in US / UK Relations
Reply #120 on:
March 10, 2009, 10:07:51 PM »
Difficult Americans hamper G20 efforts to secure a global deal
A rift between Europe and America over the crux of the G20 summit was last night threatening Gordon Browns hopes for a deal to rescue the world economy.
The size of the challenge facing the British Government in bringing together world powers was emphasised in a candid admission by Britains most senior civil servant that it was proving
unbelievably difficult to liaise with the Obama Administration to prepare for the meeting.
There was also growing scepticism over Mr Browns call for at least $200 billion for the International Monetary Fund to bail out cash-strapped nations, with no indication that China would come up with the bulk of the funds as some in No 10 hope.
A simmering row about the whole point of the G20 meeting on April 2 burst into the open when Larry Summers, chief economic adviser to President Obama, called on other countries to follow Americas lead in pumping even more money into stimulus plans to revive the world economic system.
The United States stimulus package of $787 billion is equivalent to about 5.5 per cent of its annual economic output, although it is spread over three years, whereas the EU has struggled to reach agreements on a sum that barely reaches 1.5 per cent of its total GDP.
Mr Summerss plea was attacked by Jean-Claude Juncker, the Luxembourg Prime Minister, who heads the eurogroup of single currency countries. He declared: The 16 euro-area ministers agreed that recent American appeals insisting that the Europeans make an additional budgetary effort to combat the effects of the crisis was not to our liking.
Mr Juncker suggested that the eurozone countries would rather adopt a wait-and-see approach than rush to incur even more debt.
His outspoken words were followed by mystification from Germany. Peer Steinbrück, the German Finance Minister, speaking after EU finance ministers met in Brussels, said: There was a significant amount of bewilderment about this in our discussion.
There were the first signs of expectations being managed in Downing Street yesterday as the EU-US position became clear. Mr Brown was still hoping for a grand bargain from the summit, a source said, but the message yesterday was on how difficult it could be to achieve one. We are by no means talking it down but I do not think anyone is suggesting the worlds problems can be solved in a single day, a government source said.
Meanwhile, in remarks to a Civil Service conference that he probably did not expect to be reported, Sir Gus ODonnell said that No 10 was finding it unbelievably difficult to prepare with the US. The Cabinet Secretary was speaking about the advantages of a permanent civil service and the difficulties of dealing with a Government with hundreds of appointees. There is nobody there, Sir Gus said. You cannot believe how difficult it is.
Another official said that getting the rest of Europe, let alone China, to do more in the way of fiscal stimulus was not going to be straightforward.
Alistair Darling will have the task of trying to steer the G20 back on track in preparatory talks of finance ministers in London on Friday and Saturday. But Mr Brown faces a hard battle next week at the European Council heads of government meeting, where EU countries plan to bind his hands over their objectives for the G20.
A spokesman for the Government urged the EU yesterday to present a united front. We believe that the EU needs to work together to bring about the recovery we need, he said.
"Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate It will purge the rottenness out of the system..." - Andrew Mellon, Secretary of Treasury, 1929.
Posts: 6,190
Re: Evidence points to breakdown in US / UK Relations
Reply #121 on:
March 11, 2009, 05:10:18 PM »
Thx for this article ****. This is pure Murdoch British Propaganda.
Fox News urges Americans to apologise for Barack Obama's 'treatment' of Gordon Brown
Letters from American citizens apologising to the British people for what they see as President Barack Obama's shabby treatment of Gordon Brown have begun to arrive at the British Embassy in Washington and consulates across the United States.
Many of the missives appear to have been prompted by a plea on Monday from Glenn Beck, a Fox News host, for his viewers to write to the British Embassy to tell Britons: "They don't suck. We appreciate them."
He added: "I'd make it a little more flowery than that."
Mr Beck was particularly enraged by Mr Obama's gift of a box set of 25 DVDs, including ET, Psycho and The Wizard of Oz.
Mr Brown gave several historically resonant British presents, including a pen holder fashioned from the timbers of the 19th Century sloop HMS Gannett, used as an anti-slavery vessel.
"They are our greatest allies," Mr Beck said. "What are we doing? If we lose Great Britain, what the heck do we have?" At the end of an eight-minute segment on the issue, Mr Beck read out the address of the British Embassy in Washington.
A British Embassy spokesman said that letters and emails had begun to arrive but currently numbered dozens rather than hundreds.
The Daily Telegraph has received several telephone calls and emails apologising to Mr Brown. "You are side by side with us, and believe me, you are treasured and loved!" emailed Carol Bidleman of London, Ohio.
"Heartfelt thanks for being there for us, with the most sincere respect."
"Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate It will purge the rottenness out of the system..." - Andrew Mellon, Secretary of Treasury, 1929.
Posts: 6,190
Re: Evidence points to breakdown in US / UK Relations
Reply #122 on:
March 11, 2009, 05:12:40 PM »
Note on the above post, Glenn Beck, a self identified Liberterian is enraged that Obama did not agree to Brown's "Global New Deal"/"Grand Bargain"/"International IMF cash infusions".
You see a pattern here?.
"Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate It will purge the rottenness out of the system..." - Andrew Mellon, Secretary of Treasury, 1929.
Posts: 62
Re: Evidence points to breakdown in US / UK Relations
Reply #123 on:
March 11, 2009, 10:32:10 PM »
Possible mid-level bickering between spoiled, suck-up children of darkness looking for 'parental' attention to get shinier toy.
Both London and Obama son of Longshanks deeply tied to financial sector.
Also, growing insurrection between citizens of both states shifting blame towards eachother.. Brits blame America for problems and vice versa.
Recommend possible synergic realization of this for use against elites.
Posts: 6,190
Re: Evidence points to breakdown in US / UK Relations
Reply #124 on:
March 12, 2009, 01:04:50 AM »
March 12, 2009
It's an emergency: get your act together, Obama
As the world's finance ministers gather in London the greatest danger to the global economy is America's failure of resolve
From The TimesMarch 12, 2009
Anatole Kaletsky
This could be the week when the greatest financial crisis in history finally reached its nadir. Then again, it could merely be another week in which a brief rally in global stock markets has suckered more investors, politicians and commentators into assuming that the worst is over, when the tentative improvement in financial confidence is just another false dawn.
So which will it be? The answer depends, even more than usual, on the finance ministers and central bankers gathering at a potentially chaotic G20 meeting this weekend. The omens are not benign.
It is now understood that the global financial system can be stabilised and economic demand revived only through government intervention. Private businesses and consumers do not have the access to credit or the confidence to start spending and investing again. But government intervention will work only with some degree of international co-operation and that requires leadership from America. Yet despite the mandate won by President Obama, Washington has proved muddled in its economic priorities and indecisive in its financial response to the crisis.
International co-operation is necessary because of the global linkages of trade and finance. Any country that allows a bank to fail spreads financial contagion to every other nation. And any country that cuts taxes or boosts public spending or expands its money supply, creates demand not only for its own businesses and workers, but also for the world as a whole.
The upshot is that financial guarantees, fiscal stimulus and credit expansion, will be much more effective and less expensive for each country if they are implemented in a co-ordinated way. By contrast, imagine a global free-for-all, in which some nations subsidise their banks while others try to punish bankers; in which some central banks print money while others grumble about Zimbabwe and Weimar; in which some governments promise to spend their way out of recession while others denounce this as the road to perdition and call for belt-tightening in the public sector. Not only would such divergent policies cancel one another out at the global level, they would also deal another blow to confidence in the world financial system.
But how can global co-operation be achieved when governments around the world seem to have completely divergent economic philosophies and agendas for this weekend? Gordon Brown wants to close down tax havens, while the Germans want to regulate hedge funds, policies that may or may not be desirable, but which have nothing to do with the present crisis.
The US is demanding that Germany, Japan and China announce new programmes of public spending and tax cuts - which is simply not going to happen, either this weekend or at the G20 summit next month. The financial markets, meanwhile, are hoping for a $500billion increase in the IMF funds available to rescue insolvent governments, but this does not seem a high priority for any of the G20 governments, except perhaps the Germans, who fear the cost of bailing out Latvia, Hungary, Austria, Greece and the Irish Republic will otherwise fall on them.
Past experience of such international negotiations shows that American leadership is necessary for reaching any kind of agreement. Which brings us to the greatest risk facing the world economy: Mr Obama's failure to present a credible response to the financial crisis or even to assemble a proper economic policy team. After the British Government's leaked messages of despair about nobody answering the phone at the US Treasury in the preparations for the G20, everybody is now aware that Mr Obama has nominated only two out of 18 deputy and assistant Treasury secretaries. What is less widely recognised is that this decision-making vacuum reflects a deeply worrying feature of US economic policy.
American politicians simply don't seem to understand the existential threat that their economy is now facing. Instead of uniting to deal with a national emergency far more threatening to their way of life than the terrorist attacks of 9/11, they have responded by dividing more sharply than ever into hostile partisan camps.
Efforts to revive economic activity and to stabilise the financial system that are clearly indispensable on the basis of any economic analysis, whether Keynesian or monetarist or plain business-sense, have been denounced on the Right for interfering with free markets and on the Left for feather-bedding bankers. Instead of rallying around in a moment of crisis, many Americans are openly expressing their hope that the new President will fail and the economy collapse. Candidates for key Treasury posts have been viciously attacked in the media and Congress for trivial tax and administrative infractions inadvertently committed many years ago or simply for having once worked on Wall Street. As a result, these jobs have become almost impossible to fill.
Mr Obama himself seems to have attached a surprisingly low priority to dealing with the financial crisis. He had, for example, selected key State Department officials, from Hillary Clinton downwards even before his inauguration. He has managed to get dozens of these confirmed by Congress in the past two months and immediately put his personal stamp on US foreign policy. Yet there has been no similar focus on creating a properly functioning economic team or launching a coherent new response to the financial crisis.
The lack of urgency, of focus and of national unity in America's response to the financial crisis is the most surprising - and most dangerous - threat to our chances of recovery. With clear American leadership, a global policy to stabilise the banks and pull the world out of recession could readily be agreed. All the main elements of such a policy - lower taxes, public works programmes, monetary and credit expansion, cast-iron government guarantees for recapitalised banks - are broadly agreed among economists and endorsed by global institutions such as the IMF.
None of these policies would be painful to voters, since they would involve easier financial conditions, lower taxes, more jobs and stronger guarantees for savings. Why then are they proving so hard to put into practice? Is it because many Americans would rather see their economy collapse than a Democratic President succeed? If so, then perhaps the Marxists now enjoying a new lease of life will have been right all along: American capitalism will have proved a decadent civilisation at the end of its global hegemony and doomed to self-destruction.
"Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate It will purge the rottenness out of the system..." - Andrew Mellon, Secretary of Treasury, 1929.
David Rothscum
Posts: 5,683
Re: Evidence points to breakdown in US / UK Relations
Reply #125 on:
March 13, 2009, 01:31:28 PM »
WASHINGTON (CNN) -- President Obama and British Prime Minister Gordon Brown said Tuesday that the global economy would recover from the recent sharp downturn but that it would require a common effort to combat protectionist impulses, coordinate economic stimulus efforts and update antiquated regulatory structures.
Prime Minister Gordon Brown and President Obama met in the Oval Office on Tuesday.
Meeting in the Oval Office, the two leaders added that the "special relationship" between the United States and Great Britain would not only survive the economic turmoil but would be strengthened in the long term.
Obama also dismissed worries spurred by the "day to day gyrations of the stock market," arguing that they were the byproduct of a perfect storm of losses generated by "lax regulation," "massive overleverage" and "huge systemic risks taken by [regulated and] unregulated institutions."
Those losses, Obama said, were now working their way through the system.
"There's going to be a natural reaction," the president noted. "What you're now seeing is [that] profit and earning ratios are getting to the point ... where buying stocks is a good deal if you have a long-term perspective."
Obama added that although businesses were starting to see new hiring potential as the $787 billion stimulus package takes hold, the recovery would not happen overnight.
"We dug a very deep hole for ourselves," he said. The recovery will be "full of fits and starts," though both the American and the world economy will eventually be "better off for it."
The president and the prime minister agreed that the Group of 20 countries needed to more effectively coordinate their economic stimulus plans. The subject is certain to dominate a planned meeting of the G-20 nations in London in April.
The G-20 includes the G-7 leading industrialized nations -- Canada, France, Germany, Italy, Japan, the United Kingdom and the United States -- as well as the world's largest developing economies: Argentina, Australia, Brazil, China, India, Indonesia, Mexico, Russia, Saudi Arabia, South Africa, South Korea and Turkey, plus the European Union.
Brown reiterated his recent call for "a global New Deal" to retrigger growth, reform global institutions and lay the groundwork for a more environmentally friendly economic future.
A "green, low-carbon" recovery is possible, he said. If countries such as the United States and Britain work together, "the opportunities are there."
The two leaders agreed that a turn towards protectionism would only accelerate the economic decline.
"Globalization can be an enormous force for good," Obama said. But it is a mistake to keep a "1930s regulatory system in place in most countries" when "trillions of dollars ... can now move at the speed of light."
Brown noted that the "special relationship" between the United States and Britain remained a strong "partnership is purpose that is borne out of shared values [and] driven forward by the need to act in unity to address world's problems."
Obama agreed, adding that the relationship, bolstered by a common language and culture is "a link, a bond there that will not break."
Posts: 6,190
Re: Evidence points to breakdown in US / UK Relations
Reply #126 on:
March 13, 2009, 02:53:27 PM »
David check date on article. It's over a week old.
There is no plan at all and now BRIC is rebelling against the IMF.
"Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate It will purge the rottenness out of the system..." - Andrew Mellon, Secretary of Treasury, 1929.
David Rothscum
Posts: 5,683
Re: Evidence points to breakdown in US / UK Relations
Reply #127 on:
March 13, 2009, 06:32:15 PM »
Quote from: Revolt426 on March 13, 2009, 02:53:27 PM
David check date on article. It's over a week old.
There is no plan at all and now BRIC is rebelling against the IMF.
Agreed. The thing is, I'm starting to believe they're just holding an act in front of us. Brown is the old greying alpha wolf that will be replaced by the "young" wolf Cameron any moment now so why not let him look like a fool in front of us. Chances are Obama is going to do something horrible anyway (when they build a guy up like this it always ends up going horribly wrong, they destroy the people they build up for some reason) so it's better for the UK-US "special relationship" to be downplayed now anyway.
Posts: 6,190
Re: Evidence points to breakdown in US / UK Relations
Reply #128 on:
March 13, 2009, 07:39:51 PM »
I believe London is going to sabatoge the G-20 Meeting to prevent any opposition from BRIC , or Obama if he begins listening to Paul Volcker (of all people) above Larry Summers. I also believe they are using various press mechanisms to do so right now and will continue to do so.
The last thing they want is their US zombie banks to be cut in half by Glass Steagall thus dumping all of the Derivatives from the Commercial Banking Sector right into the investment banking sector.
"Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate It will purge the rottenness out of the system..." - Andrew Mellon, Secretary of Treasury, 1929.
All eyes are opened, or opening, to the rights of man.
Posts: 63,103
Re: Evidence points to breakdown in US / UK Relations
Reply #129 on:
March 13, 2009, 09:28:36 PM »
Quote from: Revolt426 on March 13, 2009, 07:39:51 PM
I believe London is going to sabatoge the G-20 Meeting to prevent any opposition from BRIC , or Obama if he begins listening to Paul Volcker (of all people) above Larry Summers. I also believe they are using various press mechanisms to do so right now and will continue to do so.
The last thing they want is their US zombie banks to be cut in half by Glass Steagall thus dumping all of the Derivatives from the Commercial Banking Sector right into the investment banking sector.
They executed Mumbai to try and stop BRIC. I guess it did not work due to all of the MI6 weapons found everywhere.
All eyes are opened, or opening, to the rights of man. The general spread of the light of science has already laid open to every view the palpable truth, that the mass of mankind has not been born with saddles on their backs, nor a favored few booted and spurred, ready to ride them legitimately
Posts: 6,190
Re: Evidence points to breakdown in US / UK Relations
Reply #130 on:
March 13, 2009, 09:41:19 PM »
Quote from: Sane on March 13, 2009, 09:28:36 PM
They executed Mumbai to try and stop BRIC. I guess it did not work due to all of the MI6 weapons found everywhere.
The British Links to Mumbai are jaw dropping if you look at all of them. It does appear that a rogue element of RAW was in on this as well, however - moles.
These days intelligence agencies have tremendous rogue elements that are not under Government control.
On a lighter note, the U.S. is sending high level representatives to a Moscow conference on the Afghanistan Drug Trafficking and consiquent terrorist funding issue. China and India represenatives will be attending as well, that is BRIC without the B and + the US.......... It does not appear that the UK will be attending.
"Russia, which is now chairing the SCO, has invited India and Turkey to attend the Moscow conference. It has also been confirmed that NATO Secretary General Jaap de Hoop Scheffer will attend, Itar-Tass reported March 5. SCO members are Russia, China, Kazakhstan, Kyrgystan, Tajikistan, and Uzbekistan, while Mongolia, India, Iran, and Pakistan all have Observer status."
"Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate It will purge the rottenness out of the system..." - Andrew Mellon, Secretary of Treasury, 1929.
Re: Evidence points to breakdown in US / UK Relations
Reply #131 on:
March 13, 2009, 09:54:31 PM »
We haven't fallen out with America, insists Darling
14th March 2009
Full article:-
Alistair Darling yesterday played down talk of a transatlantic rift over the G20 economic summit. The Chancellor denied claims that the UK and U.S. have fallen out over what can realistically be achieved in the 24-hour gathering next month.
Expectations for the summit of world leaders in London on April 2 have taken a beating amid fears that it will produce little more than warm words on the economic crisis.
Barack Obama's Treasury secretary Tim Geithner will hold talks with Mr Darling and other G20 finance ministers in Sussex today in advance of the main summit. He has called for countries to pump cash - equal to two per cent of their respective total outputs - into their economies, perhaps through tax cuts or a boost in public spending. But
EU nations such as France and Germany have made it clear they oppose the plan because they do not want to add to their already high levels of national debt.
Mr Brown wants to secure G20 agreement for a 'global new deal' which he claims will provide the concerted international action needed to restore growth. But a spokesman for President Obama appeared to suggest that such a deal was unlikely to be reached in London.
Mr Darling acknowledged that differences remain between the summit's participants - who together represent 80 per cent of the world's economic activity. But he told Radio 4's World at One: 'I don't actually think that the divisions between the European countries and the U.S. are anything like what has been described over the last few days. 'On both sides of the Atlantic - and also, for that matter, in other parts of the world - there is a commitment to ensure that we support people, support businesses and our economies.'
German Chancellor Angela Merkel, who is holding talks with Mr Brown at Chequers this weekend, said on Thursday that
'the issue is not spending more' but introducing better regulation to 'prevent the economic catastrophe that the world is experiencing from being repeated'.
Mr Obama's spokesman Robert Gibbs said yesterday that the President was not aiming to negotiate a 'specific commitment' in London. His comments sparked speculation that Washington expects the summit to produce no more than a statement of common principles, rather than a substantive plan.
Downing Street yesterday said it was not going to get involved in an 'absurd media expectations game' over the outcome of the meeting.
Embarrassment for Foreign office over downgrading of countries
The Foreign Office was left embarrassed last night after it emerged it had secretly downgraded seven of the major countries attending next month's G20 summit. A leaked memo on the Government's priorities for the meeting consigned Russia, Canada and Australia to a ' second division', while 13 countries, including South Africa and South Korea, were on a 'priority' list.
William Hague, Tory foreign spokesman, said: 'The downgrading of some participants before they have even set foot in London sends completely the wrong message.'
A Foreign Office spokesman said the list was not a 'firm hierarchy of the most important states for political relations'.
Posts: 6,190
Re: Evidence points to breakdown in US / UK Relations
Reply #132 on:
March 13, 2009, 11:04:05 PM »
That is the rift right there in the US too. Geithner/Summers and Volcker are infighting.
Whatever Geithner says at the pre-meeting is irrelivent
We are going to have to wait for the actual G20 to find out what Obama will really say because no one knows who he has alligned himself with in the administration. Volcker is pushing for Glass Steagall and Summers/Geithner are pushing for IMF Bailouts.
I suppose infighting was inevitable at end game time.
"Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate It will purge the rottenness out of the system..." - Andrew Mellon, Secretary of Treasury, 1929.
Global Moderator
Posts: 8,624
Re: Evidence points to breakdown in US / UK Relations
Reply #133 on:
March 15, 2009, 05:08:18 PM »
This seems to apply to the New Financial Order that is being formed up to the G20 summit meeting coming up... a new Bretton Woods?....
IMF Poised To Print Billions Of Dollars
Published on 03-15-2009
Source: Telegraph
Alistair Darling and senior figures in the US Treasury have been encouraging the Fund to issue hundreds of billions of dollars
worth of so-called
Special Drawing Rights
in the coming months as part of its campaign to prevent the recession from turning into a global depression.
Should the move, which is up for
discussion by the summit of G20 finance ministers this weekend
, be adopted, it will represent a
global equivalent of the Bank of England's plan to pump extra cash into the UK economy
However, economists warned that the scheme could cause a major swell of inflation around the world as the newly-created money filters through the system.
The idea has been suggested by a number of key figures, including billionaire investor George Soros and US Treasury adviser Ted Truman.
Simon Johnson, former chief economist at the IMF, said: "The principle behind it is that everyone would get bonus dollars and instead of the Federal Reserve having to print them, everyone gets them.
"The objective is to create a windfall of cash. However if everybody goes out and spends the money
it could be very inflationary."
Factsheet - February 2009
Special Drawing Rights (SDRs)
Why was the SDR created and what is it used for today?
The Special Drawing Right (SDR) was created by the IMF in 1969 to support the Bretton Woods fixed exchange rate system
. A country participating in this system needed official reservesgovernment or central bank holdings of gold and widely accepted foreign currenciesthat could be used to purchase the domestic currency in world foreign exchange markets, as required to maintain its exchange rate. But the international supply of two key reserve assets gold and the U.S. dollarproved inadequate for supporting the expansion of world trade and financial development that was taking place. Therefore, the international community decided to create a new international reserve asset under the auspices of the IMF.
However, only a few years later,
the Bretton Woods system collapsed and the major currencies shifted to a floating exchange rate regime
. In addition, the growth in international capital markets facilitated borrowing by creditworthy governments. Both of these developments
lessened the need for SDRs
Today, the SDR has only limited use as a reserve asset, and its main function is to serve as theunit of account of the IMF and some other international organizations.
The SDR is neither a currency, nor a claim on the IMF
. Rather, it is a potential claim on the freely usable currencies of IMF members. Holders of SDRs can obtain these currencies in exchange for their SDRs in two ways: first, through the arrangement of
voluntary exchanges between members
; and second, by the IMF designating members with
strong external positions to purchase SDRs from members with weak external positions
SDR valuation
The value of the SDR was initially defined as equivalent to 0.888671 grams of fine goldwhich, at the time, was also equivalent to one U.S. dollar. After the collapse of the Bretton Woods system in 1973, however,
the SDR was redefined as a basket of currencies,today consisting of the euro, Japanese yen, pound sterling, and U.S. dollar
. The
U.S. dollar-value of the SDR is posted daily on the IMF's website
. It is calculated as the sum of specific amounts of the four currencies valued in U.S. dollars, on the basis of exchange rates quoted at noon each day in the London market.
The basket composition is reviewed every five years to ensure that it reflects the relative importance of currencies in the world's trading and financial systems.
In the most recent review in
November 2005, the weights of the currencies in the SDR basket were revised based on the value of the exports of goods and services and the amount of reserves denominated in the respective currencies which were held by other members of the IMF.
These changes became effective on January 1, 2006. The next review by the Executive Board will take place in late 2010.
The SDR interest rate
The SDR interest rate provides the basis for calculating the interest charged to members on regular (non-concessional) IMF loans,
the interest paid and charged to members on their SDR holdings
, and the interest paid to members on a portion of their quota subscriptions. The SDR interest rate is determined weekly and is based on a weighted average of representative interest rates on short-term debt in the money markets of the SDR basket currencies.
Posts: 6,190
Re: Evidence points to breakdown in US / UK Relations
Reply #134 on:
March 15, 2009, 05:20:02 PM »
The insanely wierd thing about this whole mess is that Paul Volcker is advocating Glass Steagall and Blaming Summers and Geithner for the Lack of Economic Recovery.
So you have Geithner and Summers on one side of Obama cheering for the IMF and Volcker on the other side trying to split the banks in half and isolate the Derivative Crisis.
Now, the Fiancial Ministers can say whatever the hell they want with no result until the actual representatives show up at the actual G-20 Meeting.
The question is , Is obama going to follow Paul Volckers guidence or Larry Summers guidence.
"Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate It will purge the rottenness out of the system..." - Andrew Mellon, Secretary of Treasury, 1929.
Global Moderator
Posts: 8,624
Re: Evidence points to breakdown in US / UK Relations
Reply #135 on:
March 15, 2009, 06:58:14 PM »
Quote from: Revolt426 on March 15, 2009, 05:20:02 PM
The insanely wierd thing about this whole mess is that Paul Volcker is advocating Glass Steagall and Blaming Summers and Geithner for the Lack of Economic Recovery.
The question is , Is obama going to follow Paul Volckers guidence or Larry Summers guidence.
SEC approves ICE credit-default swap clearing plan
Just-In-Time for the
New Financial Order
and the G20 Summit meetings is a clearing house for the Credit Derivitives market. The debate/question seems to be how much and how long will the U.S. pay the NWO for the Derivitives "Funny Money"?
Will the U.S. be kept on the hook for 60+ trillion dollars? Are we that stupid?
It seems the logical move for the U.S. is to reinstitute Glass/Steagall which will get us off the hook for trillions . Soros and company wants to make us beholden to Europe (Rothschild?) and pay the NWO FOREVER...
SEC approves ICE credit-default swap clearing plan
By Sarah N. Lynch
Last update: 8:27 a.m. EDT March 9, 2009
(This article was originally published Friday.)
4:00pm 03/13/2009
ICE plan to clear credit-default swap trades received the final approval it needed from the Securities and Exchange Commission Friday, paving the way for it to become the first operational clearinghouse for credit-default swaps in the United States.
The company said in a release that its new clearinghouse, dubbed
ICE US Trust
, will start offering clearing on Monday for credit-default swap index transactions before it branches out to other types of credit-default swap contracts.
The SEC's approval of ICE US Trust, which exempts the clearinghouse from certain securities laws
, marks a big step toward the U.S. government's efforts to offer
clearing for over-the-counter derivatives like credit-default swaps, which alone make up an estimated $27 trillion market.
Posts: 6,190
Re: Evidence points to breakdown in US / UK Relations
Reply #136 on:
March 15, 2009, 08:42:06 PM »
Wait this is clearing as in, WIPING them out? AS in Bankruptcy Court?.
"Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate It will purge the rottenness out of the system..." - Andrew Mellon, Secretary of Treasury, 1929.
Posts: 6,190
Re: Evidence points to breakdown in US / UK Relations
Reply #137 on:
March 15, 2009, 08:56:21 PM »
Holy shit....... you realize that the re-enstatement of Glass/Steagall followed by the elimination (if this is what i am reading correctly) of the Credit Default Swaps would isolate the entire derivative bubble to speculative institutions that could be put through bankruptcy reorganization or liquidation (Whatever).
The Credit Default Swaps are the greatest danger to the world, AIG is the heart, with 30+ Trillion Dollars in Write downs.
It would also END the entire privatized Derivative Casino because banks are depending on those Credit Default Swaps in order to settle their other Derivative obligations (Mortgage Backed Securities and Collaterized Debt Obligations).
If AIG's CDS portfolio is destroyed it could potentially be reorganized and sold back to the Private Sector too.
Is this going to be a selective enforcement type of deal or are the bankers caving into reality finally?.
"Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate It will purge the rottenness out of the system..." - Andrew Mellon, Secretary of Treasury, 1929.
Global Moderator
Posts: 8,624
Re: Evidence points to breakdown in US / UK Relations
Reply #138 on:
March 15, 2009, 09:03:35 PM »
Quote from: Revolt426 on March 15, 2009, 08:42:06 PM
Wait this is clearing as in, WIPING them out? AS in Bankruptcy Court?.
Yes, this is like an ResolutionTrustCo for derivatives.
Depending on what the investments trade for,example, Let's say the CDO's trade for 50 cents on the dollar and the market is 30 trillion, then the U.S. would be obligated for 15 trillion.
Using the IMF's "The Special Drawing Right" 's (SDR) would be used to collateralize (cover) the obligations.
No one will really see what's going on here. I think that's the point. We still really don't know "WHO" the REAL creditors are.
Is this going to be a selective enforcement type of deal?
This is what all the in-fighting seems to be about. Who are the "weiners" and who are the losers.
Selective? absolutely.
Posts: 6,190
Re: Evidence points to breakdown in US / UK Relations
Reply #139 on:
March 15, 2009, 09:15:16 PM »
If Glass Steagall is re-enacted there is not a possibility of selective enforcement because all of the Derivatives will be isolated into Speculation Houses.
Then again, who knows if it will be re-enacted or if it will be re-enacted as the SAME law FDR passed. It will have to be put through the Congress where Barney Frank and Pelosi can manipulate it , even if it makes it that far.
I suppose this will all have to occur (one way or the other) within the next 2 weeks (Before G-20)
"Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate It will purge the rottenness out of the system..." - Andrew Mellon, Secretary of Treasury, 1929.
Posts: 6,190
Re: Evidence points to breakdown in US / UK Relations
Reply #140 on:
March 20, 2009, 10:25:00 PM »
Gordon Brown is frustrated by 'Psycho' in No 10
While not exactly a film buff, Gordon Brown was touched when Barack Obama gave him a set of 25 classic American movies including Psycho, starring Anthony Perkins on his recent visit to Washington.
Tim Walker
Last Updated: 4:31PM GMT 18 Mar 2009
Alas, when the PM settled down to begin watching them the other night, he found there was a problem.
The films only worked in DVD players made in North America and the words "wrong region" came up on his screen. Although he mournfully had to put the popcorn away, he is unlikely to jeopardise the special relationship or "special partnership", as we are now supposed to call it by registering a complaint.
Barack Obama 'too tired' to give proper welcome to Gordon Brown The love is still there, but I can't work out why
Just how special will the relationship between Barack Obama and Gordon Brown be?A Downing Street spokesman said he was "confident" that any gift Obama gave Brown would have been "well thought through," but referred me to the White House for assistance on the "technical aspects".
A White House spokesman sniggered when I put the story to him and he was still looking into the matter when my deadline came last night.
By the way, when Obama's unlikely gift was disclosed, a reader emailed me to ask if Clueless was among the films. Funnily enough, it was not.
Brown, on the other hand, presented a rather more thoughtful gift to the American President in the form of a penholder carved from the timbers of an anti-slavery ship. The sister ship, in fact, of the one that was broken up and turned into the desk in the Oval Office.
"Liquidate labor, liquidate stocks, liquidate the farmers, liquidate real estate It will purge the rottenness out of the system..." - Andrew Mellon, Secretary of Treasury, 1929.
Global Moderator
Posts: 8,624
Re: Evidence points to breakdown in US / UK Relations
Reply #141 on:
March 29, 2010, 01:01:31 PM »
Interesting they are bringing this up again now a year later.....
28 March 2010
Global Security: UK-US relations
The House of Commons Foreign Affairs Committee today (Sunday 28 March) publishes its report: Global Security: UK-US Relations, the first time the Committee has looked specifically into the topic of relations between the United Kingdom and the United States since 2001.
Chair of the Committee, Mike Gapes MP, says
The UK needs to adopt a more hard-headed political approach towards our relationship with the US with a realistic sense of our own limits and our national interests
"Certainly the UK must continue to position itself closely alongside the US but there is a need to be less deferential and more willing to say no where our interests diverge. In a sense, the UK foreign policy approach this Committee is advocating is in many ways similar to the more pragmatic tone which President Obama has adopted towards the UK.
"The UK and US have a close and valuable relationship not only in terms of intelligence and security but also in terms of our profound and historic cultural and trading links and commitment to freedom, democracy and the rule of law. But
the use of the phrase 'the special relationship' in its historical sense, to describe the totality of the ever-evolving UK-US relationship, is potentially misleading, and we recommend that its use should be avoided
Yes, we have a special relationship with the US, but we must remember that so too do other countries including regional neighbours, strategic allies and partners.
British and European politicians have been guilty of over-optimism about the extent of influence they have over the US. We must be realistic and accept that globalisation, structural changes and shifts in geopolitical power will inevitably affect the UK-US relationship. It is entirely logical for the US to pursue relationships with other partners who can provide support that the UK cannot. Having said that, recent minor disagreements between the UK and US do not threaten the relationship. Rather they highlight a need for better understanding between our governments to maintain its strength.
It is likely that the extent of political influence which the UK has exercised on US decision-making as a consequence of its military commitments is likely to diminish.
Over the longer-term the UK is unlikely to be able to influence the US to the extent it has in the past.
"We must be mindful of the FCO's high reputation in the US which is currently under threat through unacceptable financial pressure from the Treasury. Having previously shed fat and muscle, the FCO's US network is now being forced to cut into bone. Any additional cuts will diminish the FCO's ability to exercise influence in the US and have a knock-on effect on the UK's global standing."
| --------------------
America and Britain: A relationship that has stood the test of time
Telegraph View: The special relationship first proclaimed in 1945 has proved durable, but neither country should take it for granted
Published: 7:42AM BST 29 Mar 2010
The special relationship, a special relationship, or just the normal kind of relationship you would expect between allies? That is the question posed by the House of Commons Foreign Affairs Committee in its report on Anglo-American ties published yesterday.
It concludes, coyly, that the first of these characterisations, coined by Winston Churchill more than 60 years ago, is best avoided in favour of the second as a true description of an "ever-evolving" phenomenon
The invasion of Iraq casts a shadow over the committee's findings, the assumption being that Tony Blair played "poodle" to George W Bush. Rather, flushed with liberal interventionist successes in Kosovo, Sierra Leone and Afghanistan, the Prime Minister was just as gung-ho as the President, choosing to overlook the lack of a coherent plan for occupation in his rush to topple Saddam Hussein. The domestic opposition to that decision can still be felt, notably through the Chilcot Inquiry. Meanwhile, a man who opposed the invasion has captured the White House. It is, therefore, not surprising that the committee should warn against presuming that America views its relationship with Britain in the same way as politicians and the media are wont to do here, and should encourage the Government to be less deferential to Washington.
In fact, the relationship can be characterised in all three of the ways mentioned above. The first is illustrated by Britain's unique dependence on America for its ultimate deterrent, the Trident missile system. To that must be added co-operation in the field of intelligence, made all the more vital by the Islamist outrages of 9/11 and 7/7. The second can be seen in Afghanistan, where the British presence is second only to the American, and Britons fill the posts of both deputy commander of the Nato-led force and the alliance's senior civilian representative. It is also apparent in the deep historical and cultural ties between the two countries, which come from a common language. Beyond that, the relationship is more like the links between America and other close allies, such as Germany or Japan, whether on matters economic, ecological or nuclear. The special relationship first proclaimed in 1945 has proved durable, but neither country should take it for granted. In his submission to the committee, Sir Jeremy Greenstock, former UN ambassador and special envoy in Iraq, described it as "an asset that has to be nurtured and worked ate_SLps We do not think it special unless we are introducing substance to make it special". That gets it right and leaves room for honest disagreement amongst old friends.
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Tag Archives: dead space
Wed, Apr 18, 2012 | 08:51 BST
South African retailer taking pre-orders for Dead Space 3
South African retailer BT Games has started taking pre-orders for a little something called Dead Space 3.
Tue, Jan 31, 2012 | 09:47 GMT
Origin offering Mass Effect, Dead Space for £3, Bulletstorm for £7.50
EA's sounded the bargin siren, pricing the original Mass Effect and Dead Space for £3 on Origin, while its sequels are £10 and £7 respectively. Dragon Age 2 and Mirror's Edge are also in on the deal at a fiver a pop, while Spore's available for £6 and Bulletstorm at £7.50. The deal's available for a limited time, though, so get to it.
Via EG.
Fri, Jan 13, 2012 | 11:11 GMT
Dead Space 1, 2 gets price reduced on Steam
Steam's holding a super offer for this weekend on both Dead Space games. You can get the pair for £6.24, or get Dead Space 1 or Dead Space 2 separately for £2.50 or £3.75. Happy Friday.
Sun, Jan 08, 2012 | 23:12 GMT
Apple Game of the Year Awards honour Dead Space, Tiny Wings, more
The European and US arms of Apple have both determined their iPad and iPhone game of the year awards, with each branch honouring different apps. Apple Europe gave top gongs to the home-grown Tiny Wings on iPhone, and Contre Jour on iPad. Its American brethren also went with local offerings, namely Tiny Tower and Dead Space. Well done all. Thanks, PocketGamer.
Wed, Nov 30, 2011 | 11:02 GMT
Rumour: Dragon Age getting multiplayer, Dead Space FPS
Kotaku's dumped a ton of EA rumour this morning, claiming Dragon Age is to get a multiplayer component of some sort, and that the Dead Space IP looks set to expand dramatically.
Sat, Oct 08, 2011 | 19:40 BST
Sony and EA handing out four free games for Xperia Play
Sony Ericsson and EA want to give you four free Xperia Play games. So, if you have the phone, instructions on how to the get the following games free can be found here: Battlefield: Bad Company 2, Dead Space, Need for Speed: Hot Pursuit, and Need for Speed: SHIFT. You have until January 15, 2012. Thanks, D'toid.
Wed, Oct 05, 2011 | 18:30 BST
Visceral looking to fill senior environment artist opening for Dead Space franchise
The rumors for Dead Space 3 just keep popping up, and a job listing posted today on Creative Heads has Visceral looking for a senior environment artist for the Dead Space franchise. Granted, a job listing for a position working on an "unannounced platform, PS3, Xbox 360″ title doesn't confirm a third game is in the works, and if true, it wouldn't be that big of a shock. Still, it's nice to see a company hiring in this economy. Thanks, Klaxusprime.
Tue, Sep 27, 2011 | 01:04 BST
Rumour – Dead Space 3 script details leaked
Purportedly leaked script details for the unannounced but almost guaranteed Dead Space 3 place portagonist Issaac Clarke navigating the hazards of a snowy planet called Tau Volantis.
Wed, Sep 07, 2011 | 10:36 BST
Sledgehammer's canned Call of Duty effort "like Dead Space"
Sledgehammer boss Glen Schofield has said that the studio's cancelled Call of Duty game, now known to be a third-person action-adventure game, had an atmosphere similar to Dead Space.
Fri, May 06, 2011 | 06:10 BST
Friday Shorts, Overnight Edition – Call of the Dead secrets, Pulse, papercraft
They're like popcorn, really – you just can't stop.
Tue, Apr 19, 2011 | 06:50 BST
Suda 51: Dead Space 2 is an example of adventurous design
The incomparable Goichi Suda has said he's not the only one pushing the boundaries with new game design, citing Dead Space 2 as an example.
Fri, Apr 15, 2011 | 08:03 BST
EA Montreal hiring for more Dead Space, Army of Two
EA Montreal is looking for a number of new employees to work on Visceral Games' best-selling Army of Two and Dead Space franchises.
Tue, Apr 05, 2011 | 00:35 BST
Gibeau: "You've got to stick with" new IP
EA Games president Frank Gibeau has commented on the publisher's decision to stand by new IP Dead Space rather than retreat to safer grounds, and said that it takes a few titles to really launch a new franchise.
Tue, Mar 22, 2011 | 05:09 GMT
Director: Dead Space movie still in production, prequel idea "didn't quite work out"
You know what'd be cool? A Dead Space movie. Shame they're not making on–
Huh? They have been? Since 2009? Well, what's going on? Is it… dead?
Tue, Mar 15, 2011 | 15:29 GMT
EA gushes on how lovely Dead Space looks on iPad 2
Dead Space is now available on iPad 2 complete with "enhanced graphics", according to EA.
Thu, Mar 10, 2011 | 21:02 GMT
EA looking at growing the Dead Space franchise by branching out into other markets
EA games president Frank Gibeau believes there is more room for growth in the Dead Space series, despite the commercial success of the second installment.
Tue, Feb 22, 2011 | 12:57 GMT
Lewie's Weekly Deals – The Beatles: Rock Band for a fiver
Got a few spare quid? Why not buy yourself a game? Go on, you deserve it. These are so cheap, you'd be wasting your money by not buying them. It's Lewie's Weekly Deals, the roundup of the best offers going on games every week. For updates on gaming bargains throughout the week, get yourself over to SavyGamer.co.uk.
This week's selection are after the break.


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"As a social science secondary education major at Millikin University, I developed my own philosophy of pedagogy. In my history seminar and historiography classes, I learned essential critical thinking tools and content knowledge that I employed in my lesson plans during my junior block and later during my student teaching internship. Education classes further enhanced my classroom capabilities as well as my understanding of today's educational system. From the recognition of how inclusion could be used in my classroom to the diversified way technology could better my teaching, I absorbed a great breadth of knowledge and experience to use in my future courses."
Christopher Sykes
B.A Social Science in Secondary Education Major
Class of 2011
DECATUR — The dream voiced by Martin Luther King Jr. during his famous march on Washington 50 years ago was more than words to the Rev. Emil Hattoon of Westminster Presbyterian Church.
Among about 30 people who journeyed to witness history in the nation's capital on Aug. 28, 1963, the Decatur pastor put himself on a national stage early the following year by demonstrating for voter registration rights for blacks in Hattiesburg, Miss.
Hattoon and eight other clergymen were arrested and jailed.
Reactions offer a snapshot of how people in Decatur felt about the civil rights movement in 1964 and is the subject of a paper written by Onarga native Kayla Samuelson, a senior history major at Millikin University.
"A lot of people said Mr. Hattoon should have minded his own business but others supported him," she said. "Most (Millikin) students supported him, but there appeared to be a majority of the Decatur public that didn't support what he did."
Samuelson, who lives in Clinton, will present her research today a local history seminar hosted by Brian Mullgardt, an assistant professor of history at Millikin, at Westminister Presbyterian Church.
It will be the second time she has presented the paper. Along with senior history majors John Billimack of Champaign and Maxwell Couch of Bolingbrook, Samuelson also appeared at the 15th Annual Conference on Illinois History Sept. 26 and 27 in Springfield.
Dan Monroe, associate professor and chairman of Millikin's history department, said it is unusual for undergraduates to present their work at conferences. "The students used original sources such as newspapers, letters, diaries and standard works of history, such as biographies," he said.
Samuelson relied primarily on accounts published in the Herald & Review, Decaturian and the Jackson, Miss., Clarion Ledger.
Hattoon, who became assistant minister of Christian education at Westminster Presbyterian Church in August 1962, got permission to take a week's leave from his job starting Jan. 28, 1964, but the vote by the church board was far from unanimous — 11 in favor, seven against and one abstention.
Samuelson concludes that this indicated reluctance by church leadership to get directly in pursuing civil rights.
Hattoon said pictures and names of the blacks who registered to vote in Hattiesburg were often published in the local newspaper, and those people often lost their jobs soon afterward.
Comments made by Decatur Mayor Ellis Arnment after Hattoon's arrest Jan. 29 no doubt reflected the view of many.
"We should be sure our own house is clean before pointing the finger at anyone else," the mayor was quoted in the Herald & Review as saying. "If I felt there was a need for Decatur or its citizens to enter into the Hattiesburg problem, I would be there, but I can't see that this need exists."
The newspaper also reported that Arnment believed that racial problems were being handled by evolution rather than revolution.
Another criticism leveled at Hattoon by Millikin students was that he was not a registered voter, a situation he rectified Feb. 19.
Samuelson also notes that a member of Woodland Chapel Presbyterian Church (Everett Fulton) went so far as to send a telegram to Hattiesburg stating that Hattoon "did not represent me as a member of the Presbyterian Church."
She stresses in her paper that opponents were not "overtly racist" but rather objected to a Decatur minister going to Mississippi to break the law.
Hattoon, freed on bond Feb. 4, was ultimately convicted of breach of the peace after pleading no contest in March of 1964 and was fined $400. A jail sentence was suspended.
Less than two weeks later, Hattoon submitted his resignation from Westminster Presbyterian Church on March 25, 1964, and left for Philadelphia to become secretary of the senior high division summer program of the United Presbyterian Church on Aug. 1.
Neither Hattoon's letter nor church board minutes give a reason for his departure, but Samuelson said in an interview he may have been asked to leave.
"I don't have any hard evidence, but the reaction of the Decatur public and probably from his church was that they didn't like what he had done," she said.
Hattoon had his supporters, however, among them six Millikin students who sent a wire of their own to Hattiesburg. They were identified in the Herald & Review as Wes Sedrel, Alan Killpatrick, Eddie Baker, Bob Diemel, Bob Kuhns and Kim Young.
Others included the Rev. Jay Logan, pastor of Decatur's First Presbyterian Church, who followed Hattoon to Hattiesburg to help with the voter registration drive.
A Springfield native who graduated from Millikin in 1951, Hattoon told the Herald & Review in an interview after he returned to Central Illinois that "the world doesn't end in Decatur.
"... We Christians have a strong feeling of support for one another."
Samuelson said she plans to pursue a master's degree in political science at Eastern Illinois University in Charleston next semester after her graduation from Millikin in December.
The opportunity forhistory undergraduates to present their research in a professional setting isunique. However, three Millikin history students were granted that rareopportunity during the 15th Annual Conference on Illinois History held Sept.26-27 in Springfield, Ill.Students Kayla Samuelson, a senior history majorfrom Onarga, Ill., John Billimack, a senior history major from Champaign, Ill.,and Maxwell Couch, a senior history major from Bolingbrook, Ill. offered theiroriginal research to audiences of scholars and non-professional historians forfeedback during the conference."It is unique for a history department totake undergraduates to a conference and have them present their work," said Dr.Dan Monroe, Millikin associate professor of history. "If you look at theseconferences, typically the people that are presenting are graduate students orprofessors so this is an exceptional example of performance learning."The Conference on Illinois History is thestate's largest meeting devoted to the history of the Prairie State. Thisyear's conference included 23 paper sessions that featured topics such aspolitics, Abraham Lincoln, Latino history, and the Civil War; seven workshops;and two roundtable discussions."The students wrote history papers in ourclasses using original sources such as newspapers, letters, diaries andstandard works of history such as biographies," said Monroe. "Thepapers were at such a level that we took them to this regional conference andhad them presented. They worked in the class and took that work out into thewider world to present."Kayla Samuelson presented her paper titled "TheExperiences of One 1960s-Era Decatur Minister." The paper is based on thecontroversy surrounding Westminster Church's Reverend Emil Hattoon and hisefforts to register African-Americans to vote in Hattiesburg, Miss. in1964.Kayla's presentation was part of the "Civil Rights Stories" concurrentsession during the conference."The questions I received during theconference were very interesting because the audience wanted me to explainabout the trends and how they fit with the times," said Samuelson. "Myexperience presenting at this conference says a lot about how Millikin professorsare willing to work with students who are interested in presenting. Going to aconference that brings out questions about one's research helps anyundergraduate prepare for graduate school or grow in terms of becoming aresearcher."Samuelson is currently working with Dr. Brian Mullgardt,Millikin assistant professor of history, to try to get her research publishedin the Illinois Herald-Journal by December 2013. She will be attending graduateschool following graduation from Millikin.Samuelson added, "I think any researchexperience given to an undergrad is a great opportunity. The fact that Millikinfaculty took me under its wing when I had this interest my freshman year isoutstanding."John Billimack and Maxwell Couch presented theirresearch as part of the "Illinois Civil War Generals" concurrentsession. Billimack's paper was titled "Grierson's Raid," a projectbased on 1863 Union colonel Benjamin H. Grierson who was chosen for a missionto lead three regiments of horsemen and a battery of artillery through thestate of Mississippi. Couch's paper was titled "General John A. Logan,"a paper based on the Civil War General who became one of Illinois' mostpowerful Senators."I enjoyed performing the research – thethesis on my paper was how General Logan changed from a democrat to arepublican during the Civil War," said Couch. "It was interesting tobe a part of the conference because we were the only undergrads there. It wasgreat because we received feedback on how we could improve our research."John Billimack added, "It was a fantasticexperience, and I was very privileged to have been given such an opportunitythrough Millikin's history department."Couch will look to acquire an internship at amuseum after graduating from Millikin and then attend graduate school.Billimack will also be attending graduate school following graduation from Millikin.Monroe added, "The fact that they went outinto the professional world and got validation from other professors andhistorians for their research is huge. It gives them a sense of confidence andit's important for them especially for getting into graduate school. Thisexperience gives them an introduction to the profession – you do research,write papers, and then you present them to your colleagues in a conferenceforum and they respond to your findings. It's a process where everyone learns."
October 13, 2013
DECATUR —Introduced to Greenwood Cemetery on Saturday morning; 9-year-old Paige Constantwasn't sure what to say.
She couldtell her grandma, Kristen Constant, was excited as her memories of earliervisits tumbled out, one after the other, especially when they got to the"skinny road" overlooking newer sections of the cemetery to the south.
"Here'swhere it gets scary," the woman told her. "When we were kids, my father woulddrive us through in a big old long station wagon and go real slow by the drop-off.He'd say, 'We gotta go slow or we might fall off the edge!'"
TheDecatur family, which also included Kristen's husband Richard and their dogDomino, were among dozens of people who took part in a self-guided mausoleumwalking tour offered in the cemetery Saturday, an event held to show off therecently refurbished entrance gates and foster interest in Decatur history andthe cemetery.
The oldestof the approximately 30,000 graves in Greenwood Cemetery predate the Civil Warand dozens are housed inside 16 mausoleums built around 1900 when many ofDecatur's most prominent early citizens began dying.
Theyinclude Hieronymus Mueller, who as the city's plumber invented a machine in1872 that made the drilling and tapping of water and gas more efficient. It wasthe first of many Mueller inventions used all over the world.
He diedMarch 1, 1900, at age 67 from burns he suffered two weeks earlier during anexplosion that occurred after he lit a cigar while working on the engine of acar.
TheMueller-Cruikshank mausoleum was one of eight featured Saturday and the onlyone open for viewing, courtesy of Mike Deatherage, director of Decatur'sMueller Museum.
Nine otherpeople are entombed within, including Mueller's wife, son, daughter, son-in-lawand grandchildren. The last space was taken by great-grandson William M.Cruikshank after his death in 1999 at age 71.
Themausoleum's stained glass window, featuring a pair of grape clusters, had justbeen restored and reinstalled. "Now we hope it will be good for another 100years," Deatherage said.
Oreananative Taylor Black, who wrote a paper about the people buried in the featuredmausoleums for an independent study she completed before graduating fromMillikin University in May, said she found researching the lesser-knownfamilies even more interesting than the more prominent ones.
Inaddition to the Mueller-Cruikshank mausoleum, others on the tour were built forthe families of Abrams Conklin, Robert Faries, James Millikin, James McCoy,Henry Mueller, David Shellabargerand James Vanderveer.
LindaKehart, a Decatur Township Cemetery Trustee and hostess of Saturday's tour,said a mausoleum like the ones in Greenwood Cemetery would cost at least$100,000 to build today. "It's unaffordable now for a lot of reasons, includingspace," she said.
Kehartsaid she was delighted to see families exploring the 104-acre cemetery and notjust sticking to the tour. "That's what this is about," she said. "It'simportant to remember and honor our history."
TheConstants visited the mausoleums, the graves of several relatives and the CivilWar section of the cemetery in addition to leaving a fall bouquet on the graveof Kristen Constant's lifelong friend, Teresa "Terri" Williamson McCall, whodied of breast cancer in 2006 at age 52.
"Ourbirthdays were minutes apart, and our moms were in the old St. Mary's Hospitaltogether," Constant said. "She moved to the next block over from me when I wassix, and we were together ever since."
DECATUR — Political campaigns are often presented as intense or even offensive today, but compared to the common campaign practices of the 1800s, many of today's more extreme examples seem mild in comparison.
Dan Monroe, the chair of Millikin University's History Department, has always found these earlier American political races and debates fascinating. With their exuberance, relative lawlessness and historical importance, they represent a colorful slice of Americana the professor doesn't want to see forgotten. With this in mind, he decided to host "Running for Office in the 1800s," a free Sept. 1 presentation at Rock Springs Nature Center.
"I find the culture of that period interesting, because the campaigns were conducted on such a local and personal level," said Monroe, an "Americanist" who teaches American history courses focusing largely on the prewar antebellum period of the 1800s. "Campaigns were celebratory and very participatory, and voter turnout was through the roof for those eligible to vote."
After announcing their intent to run, candidates would typically get nominated by local convention and begin literally taking their platform to the streets. Massive picnics, parades and assemblies were often held, anchored by candidates' speeches. To entice the male voter base, hard liquor was even distributed for free in some instances.
Naturally, this could lead to some boisterous assemblies. Things could get even more heated when candidates who disagreed came into contact with one another. Even elected officials weren't above an occasional melee, such as the famed instance when Democratic Representative Preston Brooks of South Carolina nearly beat Republican Senator Charles Sumner to death with a cane on the floor of the Senate in 1856. For what today would be classified an attempted murder, Brooks was instead fined and abdicated his seat in Congress. A month later, he was re-elected by his state in a special election, but died before taking office again.
"It was not an age that had much restriction on what you could or couldn't do to campaign or raise money," Monroe said. "It wasn't unusual for there to be fisticuffs when candidates met in person. A lot of the debates were mean-spirited as well. For instance, the Lincoln-Douglas debates are rightly famous, but they weren't exactly a great Socratic debate. There were a lot of nasty personal jibes there."
Other famously contentious campaigns that Monroe will discuss include the 1828 Presidential Election between incumbent John Quincy Adams and Andrew Jackson, where seemingly no accusation was off limits.
"It was notoriously harsh between both parties," he said. "Jackson in essence accused him of winning the previous election through corrupt means, and Quincy fired back about Jackson's participation in duels earlier in his career, basically calling him a murderer."
Nonetheless, there are elements of the political campaigns of the time that Monroe feels were positives. The responsibility and beholden nature of candidates to their constituents in particular is something he finds lacking from modern politics.
"In a statewide campaign, a candidate might give 100 speeches in different locations and be forced to interact with people at every one," he said. "People got to address their government all the time. Maybe that was better for democracy, that the candidates actually had to get out on a street corner and answer questions from the voters."
Monroe's free presentation of "Running for Office in the 1800s" begins at 2 p.m. Sunday, Sept. 1 at Rock Springs Nature Center's Homestead Prairie Farm in Decatur.


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Enter a charming and chilly world where you'll encounter more than 100 penguins of various types, including the regal king penguin. Enjoy the show as our penguins and a few of their flying friends swoop and swim among the rocky cliffs and icy waters of this wonderfully realistic habitat.
Ever wonder why the penguin encounter is so dark during the summer? Penguins are on a Southern Hemisphere season cycle, and their winter months are June through August.


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Tivoli Extending Pedestal Dining Table
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Circuit Connections
Student Extras
Visit The Physics Classroom's Flickr Galleries and enjoy a photo overview of the topic of electric circuits.
PhET Simulation: Circuit Construction Kit (DC Only)Build a virtual circuit right here on your computer using this Java applet from PhET.
Ohm ZoneUse this virtual playground of switches, cells, wires, resistors and more to explore circuit principles. Best of all, you won't get shocked.
Teacher's Guide
Learning requires action. Give your students this sense-making activity from The Curriculum Corner.
Problem-Based LearningTry something new with this problem based learning activity in which students determine the driving range of an electric car.
PhET Simulation: Circuit Construction Kit (DC Only)This applet from PhET allows students to easily create circuits and analyze numerical relationships between electrical quantities.
All About Circuits: Experiments: Voltmeter UsageLearn about the use of voltmeters and multimeters.
Ohm ZoneThe Ohm Zone provides an electronic breadboard on which circuits can be constructed; or simply choose a pre-made circuit to analyze.
Circuit Symbols and Circuit Diagrams
Thus far, this unit of The Physics Classroom tutorial has focused on the key ingredients of an electric circuit and upon the concepts of electric potential difference, current and resistance. Conceptual meaning of terms have been introduced and applied to simple circuits. Mathematical relationships between electrical quantities have been discussed and their use in solving problems has been modeled. Lesson 4 will focus on the means by which two or more electrical devices can be connected to form an electric circuit. Our discussion will progress from simple circuits to mildly complex circuits. Former principles of electric potential difference, current and resistance will be applied to these complex circuits and the same mathematical formulas will be used to analyze them.
Electric circuits, whether simple or complex, can be described in a variety of ways. An electric circuit is commonly described with mere words. Saying something like "A light bulb is connected to a D-cell" is a sufficient amount of words to describe a simple circuit. On many occasions in Lessons 1 through 3, words have been used to describe simple circuits. Upon hearing (or reading) the words, a person grows accustomed to quickly picturing the circuit in their mind. But another means of describing a circuit is to simply draw it. Such drawings provide a quicker mental picture of the actual circuit. Circuit drawings like the one below have been used many times in Lessons 1 through 3.
"A circuit contains a light bulb and a 1.5-Volt D-cell." |
A final means of describing an electric circuit is by use of conventional circuit symbols to provide a schematic diagram of the circuit and its components. Some circuit symbols used in schematic diagrams are shown below.
A single cell or other power source is represented by a long and a short parallel line. A collection of cells or battery is represented by a collection of long and short parallel lines. In both cases, the long line is representative of the positive terminal of the energy source and the short line represents the negative terminal. A straight line is used to represent a connecting wire between any two components of the circuit. An electrical device that offers resistance to the flow of charge is generically referred to as a resistor and is represented by a zigzag line. An open switch is generally represented by providing a break in a straight line by lifting a portion of the line upward at a diagonal. These circuit symbols will be frequently used throughout the remainder of Lesson 4 as electric circuits are represented by schematic diagrams. It will be important to either memorize these symbols or to refer to this short listing frequently until you become accustomed to their use.
As an illustration of the use of electrical symbols in schematic diagrams, consider the following two examples.
Example 1:
Description with Words: Three D-cells are placed in a battery pack to power a circuit containing three light bulbs.
Using the verbal description, one can acquire a mental picture of the circuit being described. This verbal description can then be represented by a drawing of three cells and three light bulbs connected by wires. Finally, the circuit symbols presented above can be used to represent the same circuit. Note that three sets of long and short parallel lines have been used to represent the battery pack with its three D-cells. And note that each light bulb is represented by its own individual resistor symbol. Straight lines have been used to connect the two terminals of the battery to the resistors and the resistors to each other.
The above circuits presumed that the three light bulbs were connected in such a way that the charge flowing through the circuit would pass through each one of the three light bulbs in consecutive fashion. The path of a positive test charge leaving the positive terminal of the battery and traversing the external circuit would involve a passage through each one of the three connected light bulbs before returning to the negative terminal of the battery. But is this the only way that three light bulbs can be connected? Do they have to be connected in consecutive fashion as shown above? Absolutely not! In fact, example 2 below contains the same verbal description with the drawing and the schematic diagrams being drawn differently.
Example 2:
Description with Words: Three D-cells are placed in a battery pack to power a circuit containing three light bulbs.
Using the verbal description, one can acquire a mental picture of the circuit being described. But this time, the connections of light bulbs is done in a manner such that there is a point on the circuit where the wires branch off from each other. The branching location is referred to as a node. Each light bulb is placed in its own separate branch. These branch wires eventually connect to each other to form a second node. A single wire is used to connect this second node to the negative terminal of the battery.
These two examples illustrate the two common types of connections made in electric circuits. When two or more resistors are present in a circuit, they can be connected in series or in parallel. The remainder of Lesson 4 will be devoted to a study of these two types of connections and the affect that they have upon electrical quantities such as current, resistance and electric potential. The next part of Lesson 4 will introduce the distinction between series and parallel connections.
Your Understanding
1. Use circuit symbols to construct schematic diagrams for the following circuits:
a. A single cell, light bulb and switch are placed together in a circuit such that the switch can be opened and closed to turn the light bulb on.
b. A three-pack of D-cells is placed in a circuit to power a flashlight bulb.
c. |
d. |
2. Use the concept of conventional current to draw an unbroken line on the schematic diagram at the right that indicates the direction of the conventional current. Place an arrowhead on your unbroken line.


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Review: Math Practice for Mac challenges you to solve equations
Math Practice for Mac asks you challenging questions covering several math disciplines, including addition and subtraction, multiplication and division, and roman numerals, helping you practice your math skills in a fun way. However, a more attractive interface and the addition of a competitive element would really make this app shine.
While intuitive, Math Practice's interface isn't that exciting when it comes to its looks. You begin by selecting the math skill you want to work on and then choose from three levels of difficulty. The app then throws math questions back at you. One annoying thing about it … Read more