text:
Differential equations driven by fractional Brownian motion as random dynamical systems: qualitative properties (08frg140)
David Nualart (University of Kansas)
Björn Schmalfuß (University of Paderborn)
Frederi Viens (Purdue University)
Background and relevance: stochastic integration and fractional
Brownian motion
A central mathematical object in Stochastics/Stochastic Processes is the Ito
integral. It plays an important role in many areas of pure and applied
mathematics including: mathematical finance, population dynamics, fluid
dynamics, statistics, signal processing, control, particle systems, to name a
few. The integrator of such an integral is often chosen to be Brownian motion
(the Wiener process) or its semimartingale generalizations. These random
functions are of unbounded total variation, so that their Stieltjes integrals
do not exist. Special properties of the integrators and the integrands are
necessary to generalize the definition of the Stieltjes integral to the Ito
integral, and enable the definition of solutions of differential equations
driven by Brownian motion.
A property of paramount importance to this effect for Brownian motion is the
independence of its increments. To move beyond integrals and processes
constructed using this property is one of the most important tasks in the
theory of Stochastics. We are most interested in using the fractional Brownian
motion (fBm) process $B^{H}$ where $Hin(0,1)$ is fixed. It is a type of
stochastic process which deviates significantly from Brownian motion and
semimartingales, and others classically used in probability theory. As a
centered Gaussian process, it is characterized by the stationarity of its
increments and a medium- or long-memory property which is in sharp contrast
with martingales and Markov processes. Specifically, $B^{H}left( 0right)
=0$ and $Varleft[ B^{H}left( tright) -B^{H}left( sright) right]
=leftvert t-srightvert ^{2H}$. It also exhibits power scaling and path
regularity properties with Holder parameter $H$, which are very distinct from
Brownian motion. In fact, this single textquotedblleft
Hursttextquotedblright parameter $Hin(0,1)$ is also responsible for the low
decorrelation speed of fBm: for increments that are $n$ time units apart, the
correlation is precisely $c_{H}n^{2H-2}$ where the constant $c_{H}=H(2H-1)$.
Note that the standard Brownian motion is included in this family of models:
it is fBm with $H=1/2$, since $c_{H}$ is indeed null in this case. FBm has
become a popular choice of late for applications where classical processes
cannot model these non-trivial properties; for instance long memory, which is
also known as persistence, and corresponds to the case $Hin(1/2,1)$, is of
fundamental importance for financial data and in internet traffic: see
cite{Mandelbrot}, cite{w1}, cite{w2} . Our research group will have these
applications in mind in all discussions.
The mathematical theory of fBm is currently being developed vigorously by a
number of stochastic analysts, in various directions, using complementary and
sometimes competing tools. Ever since the pioneering works of Z{"{a}}hle
cite{Zah98}, Decreusefond and "{U}st"{u}nel cite{DecUst99}, and Lyons
cite{L}, the main thrust has been to understand how to perform stochastic
integration with respect to fBm in a way which is consistent with some
properties of the classical Ito theory for Brownian motion. In the case of
higher regularity ($H>1/2$), simple trajectorial methods, labelled as
emph{pathwise}, can be used which make it easy to translate one integration
theory into another, as emph{fractional derivatives} allow a pathwise
estimate of the integrals in terms of integrand and integrator using special
norms. Pathwise integrals historically gave the first cases where adequate
solutions to stochastic differential equations (sde) were established, see
Nualart and Rascanu cite{NR02}; infinite-dimensional equations have been
treated with the same success as finite-dimensional ones, e.g. Nualart and
Maslowski cite{MN}, Viens et al. cite{TTV}.
Timeliness, motivation, and importance: stochastic differential
equations driven by fractional Brownian motion, from general theory to random
dynamical systems
Solving sde can be considered a benchmark for testing the adequacy of an
integration theory. Among those methods which allow the use of more irregular
fBm ($H<1/2$), the so-called rough path theory, which uses non-probabilistic
constructions even for very irregular signals, is more efficient at defining
solutions of non-linear sde driven by fBm; it also has the advantage of being
applicable to processes that share some regularity properties with fBm, but
are otherwise very different; its main disadvantage is to not allow the same
ease of calculations as for Ito equations for Brownian motion. The Skorohod
(divergence) integral theory, based on stochastic analysis and Malliavin
calculus, is better at exploiting the Gaussian property of fBm, for instance
to generalize the Ito integral and formula with ease, resulting in mean-zero
stochastic integrals, and other convenient constructions: see Cheridito and
Nualart cite{CN05}, Mocioalca and Viens cite{MV05}. But Skorohod integration
has not produced a way to define solutions to fully non-linear equations; this
is one of the longest-standing open problems in stochastic analysis.medskip
Many mathematicians have yet to move decisively beyond the basic "existence-uniqueness" theory of sde driven by fBm. While some problems of this type, such as for Skorohod sde, remain open and are worthy of study, in this focused research group, we will also delve deeper into the qualitative properties of fBm-driven equations. In particular, we will investigate the equations' asymptotics (e.g. in large time). The two most popular theories dealing with the asymptotic qualitative behavior for general sde are: the theory of emph{random dynamical systems} (RDS) and the theory of existence and uniqueness of emph{invariant measures} for the associated Markov semigroup. However, similarly to fBm itself, equations driven by fBm do not generate a Markov process. This precludes the study of invariant measures using classical tools for fBm-driven systems. It motivates our plan to concentrate on the investigation of fBm-driven sde as RDS, the interface between the two being at the heart of our focused research group.
The theory of RDS, developed by L. Arnold and coworkers (see cite{Arn98}),
can be used to describe the asymptotic and qualitative behavior of systems of
random and stochastic differential/difference equation in terms of stability,
Lyapunov exponents, invariant manifolds, and attractors. A RDS consists of two
parts. The first part is a model for the noise path $omega$, leading to a
emph{metric dynamical system}. In particular, it is known that the fractional
Brownian motion forms an emph{ergodic} metric dynamical system, see Maslowski
and Schmalfu{ss } cite{MS04}. The second part of a RDS is the dynamics of an
sde: it is given by the solution mapping $phi(t,omega,x)$, which describes a
solution at time $t$ starting at time zero with initial condition $x$ in some
phase space $E$ which is driven be a noise path $omega$. This mapping $phi$
satisfied a generalized (semi)-group property, called emph{cocycle}%
--property, see Arnold cite{Arn98}. In other contexts, some answers have
already been given to basic questions such as stationarity and ergodicity
using fBm: see for instance Hairer cite{Hm05}, Hairer and Ohashi cite{HO07},
where conditions are given so that results familiar to the Brownian case also
hold for fBm. In Maslowski and Schmalfu{ss } cite{MS04},
infinite-dimensional RDS driven by fBm are exhibited as stochastic evolution
systems, and are shown to have unique, exponentially attracting fixed points.
Specific objectives for fractional-Brownian-driven random dynamical
systems: stability, infinite systems, invariant manifolds, Lyapunov
For many infinite dimensional Brownian-driven sde with non-trivial diffusion
coefficients, it is not known whether these equations generate a RDS. The
reason is that typically stochastic differential equations are only defined
$omega$-almost surely because the exceptional set is related to the
definition of an Ito integral as a limit of random variables emph{in
probability}. However, such a family of exceptional sets does not allow to use
the theory of RDS's full power. One advantage of sde driven by an fBm with
$H>1/2$ is that one can consider pathwise integrals, which avoid exceptional
sets. The case of $H>1/2$ is also interesting from the physical standpoint
since it is the case where path memory (persistence) is the longest; in that
sense, it is most different from standard Brownian motion.
On the other hand, when $H<1/2$, as we alluded to above in the relation
between pathwise and Skorohod integration, there does not exist a universally
accepted way of looking at stochastic integration or sde's, even finite
dimensional, and the problem of solving sde's in the Skorohod sense is
entirely open. Our focused research group will address the issue by trying to
understand whether any synergy can exist between the various approaches, which
have thus far been largely disjoint. In particular, it is possible that the
difficulties being experienced by stochastic analysts are related to the
non-existence of a RDS interpretation of sdes driven by irregular fBm. Since
non-linear equations driven by irregular fBm can be solved via the rough path
method (see recent progress by Nualart and Hu cite{NuaHu06}, and also the
original works of Lyons and Qian cite{LioQui98} or cite{LioQia02}), finding
even a single counter-example where such a solution occurs in a semi-explicit
way, but does not allow a RDS to be defined, would help understand the open
A key concept describing the dynamics of RDS generated by fBm-driven sde is
the so-called global attractor, which is an invariant random set attracting
other bounded random sets; it is a hallmark of the concept of emph{stability}%
. The essential dynamics take place in a neighborhood of the attractor. Even
for infinite dynamical systems the attractor often has a finite (fractal)
dimension which allows to describe the dynamics by finitely many parameters.
To show that there is an attractor, the main point is to show the existence of
an absorbing set (see Chueshov and Schmalfu{ss } cite{r-8}). In the
classical theory, it can usually can be constructed via Gronwall's lemma. This
leads to the question of finding a Gronwall lemma with respect to the special
fractional norms used for estimating stochastic integrals of fBm; this forces
one to try and modify the phase space of the RDS accordingly. Some ideas for
this kind of Gronwall lemma can be found for finite dimensional systems in
Garrido, Maslowski and Schmalfu{ss } cite{GarMasSchm08}. Our focused
research group will discuss these findings, their scope, and their extensions
to infinite systems driven by fBm.
Our plan to discuss stability for fBm-driven sde will continue with the
existence of stable and unstable manifolds and Lyapunov exponents, see Lu and
Schmalfu{ss } cite{r-9}. Such smooth manifolds are invariant under the
dynamics of the systems, and on them, the states are attracted or repelled by
a steady state. Standard methods to obtain these manifolds are the
Lyapunov-Perron method, based on fixed point arguments. We plan to discuss how
to obtain these fixed points with respect to the special fractional norms for
fBm integration, which will again force us to use an appropriate phase
Our focused research groups also intends to deal with the interesting question
of stability expressed in terms of pointwise Lyapunov exponents. The recent
work Viens and Zhang cite{VZ} considers the stochastic heat equation with
multiplicative infinite-dimensional noise which is fBm in time. If the spatial
behavior of the noise is non trivial, it is shown that when $Hleq1/2$, the
main Lyapunov exponent is finite and positive, but when $H>1/2$, it is
infinite, and in fact the solution explodes no slower than $expleft(
ct^{2H}/log tright) $ and no faster than $expleft( ct^{2H}/log
tright) $. Surprisingly, the case of $Hleq1/2$ is the easiest one to
analyze, and leads to familiar results. In the case of long memory ($H>1/2$),
the behavior of the solution is yet unclear. Is the memory length the main
factor in this difficulty for $H>1/2$? Or are there scaling arguments which
would help us show that the magnitude of the noise is the main driving force?
We will discuss these questions which could have important consequences in
statistical physics.
Specific objectives for long memory: memory preservation and
non-linear time series, effect on climate models, delay equations, and
statistical estimation
Further physically intriguing results regarding memory length are provided to
us by engineering and sociological practitioners. In Jumarie cite{Jg02},
arguments are given indicating that the introduction of random decision times
can lead to fractal behavior in dynamical systems, specifically with long
memory. In the opposite direction, numerical analysis on some linear dynamical
systems driven by fBm indicate they may lose the long memory property:
Grigoriu cite{Gm07}. The mathematical issue here is whether fBm's long memory
is preserved when passed through a RDS. As a first step to elucidate the
truths behind the numerical indications, we will discuss the use of
discrete-time RDS driven by long-memory time series. Indeed, it has been known
for a few years that some linear and nonlinear quadratic ARCH($infty$) time
series exhibit precisely fractional Brownian memory: Giraitis et al.
cite{GLRS04}. Here we will focus the discussion on how long memory may effect
products of non-independent matrices; an ARCH($infty$) model may be
considered as a product of infinite-dimensional matrices based on IID noise
terms, but it might be more efficient to model the discrete version of an
fBm-driven system as a product of $2times2$ matrices whose components are
correlated over long ranges. It is possible that for such a problem, using
continuous time and fractional stochastic calculus may provide a distinct
avenue of attack.
FBm is a good candidate to model random long-time influences in climate
systems, see Palmer et al. cite{Palmer2005}, cite{Palmer}. Here, the first
issues to address are existence questions for sde of from fluid dynamics when
they are driven by an fBm. For instance, although several authors appear
interested by the issue of driving a Navier-Stokes equation by fBm, no
definitive publications have yet appeared. The stochastic heat equation
mentioned above can be considered a toy model for this problem, and could
help, via Feynman-Kac representation as in cite{hv} for the corresponding
vorticity equation, understand the full non-linear equation driven by fBm.
After the existence question is better understood, our group will discuss the
dynamics of larger climate systems with long memory.
Stochastic differential delay equations and their asymptotic behavior have
received much attention in recent years (see for instance work of Caraballo
cite{Ca90}, Garrido-Atienza and collaborators cite{CaGaRe03}, cite{GaRe03},
Lisei cite{Lisei01}, Taniguchi et al. cite{TaLiuTru02}): such delayed
problems often appears in applications in physics, biology, engineering,
finance, etc. They offer an alternative to assuming that the driving noise is
fBm, while preserving some of fBm's memory features; but by combining the
effect of delay with the long memory of fBm, more realistic models will
emerge; to our knowledge these have not been considered. During our stay at
BIRS, we plan to discuss whether such stochastic delay equations with long
memory generate RDS, and if so, whether there exist random fixed points.
Judging for instance by the work of Garrido-Atienza et al. cite{CGS}
(stationary solutions for delayed sde driven by Brownian motion), our sde
coefficients will have to satisfy particular conditions.
Stochastic analysis has recently proved useful in tackling statistical
estimation issues for fBm. $H$ can be estimated consistently, and in some
cases with asymptotic normality, using simple power variation statistics, see
Tudor and Viens cite{TV07}. Similar constructs with weights are capable of
giving rise to various Ito integral limits, see for instance Nourdin et al.
cite{NNT07}. The statistics results have also motivated the study of
generalizations of fBm, such as the Rosenblatt process, and higher-order
Hermite processes, which share fBm's covariance structure, but can be
arbitrarily highly non-Gaussian. For simple fBm-driven sde with non-linear
drift scale parameter $a$, Gaussian and Malliavin calculus have yielded the
strong consistency and asymptotic normality of $a$'s maximum likelihood
estimator based on discrete observations: cite{TVstat}. Much remains to be
understood in estimating parameters for RDS driven by fBm; our group will
discuss the future research directions which are most likely to be of interest
to statisticians and other practitioners who need to know how to determine and
test their long-memory models.
Stochastic differential equations with fractional Brownian motion have the potential to provide a wealth of new models in many applied areas; our plan to use ideas from random dynamical systems to study their properties will give them the new perspective they deserve.
{Arn98}Arnold, L. emph{Random Dynamical Systems}. Springer
Monographs in Mathematics, Springer-Verlag, Berlin, 1998.
Ca90}Caraballo, T. Asymptotic exponential stability of stochastic
partial differential equations with delay. emph{Stochastics Stochastics Rep.}
textbf{33} (1-2), 27-47 (1990).
{CaGaRe03}Caraballo, T.; Garrido-Atienza, M.J.; Real, J. Asymptotic
stability of nonlinear stochastic evolution equations. emph{Stochastic Anal.
Appl.}, textbf{21} (2), 310-327 (2003).
bibitem {CGS}Caraballo, T.; Garrido-Atienza, M.J.; Schmalfuss, B. Existence
of exponentially attracting stationary solutions for delay evolution
equations. emph{Discrete. Cont. Dyn. Syst. A} textbf{18} (2-3), 271-293 (2007).
bibitem {CN05}Cheridito, P.; Nualart, D. Stochastic integral of divergence
type with respect to fractional Brownian motion with Hurst parameter H in
(0,1/2). emph{Ann. I. H. Poincare} textbf{41}, 1049-1081 (2005).
bibitem {DecUst99}Decreusefond, L.; "{U}st"{u}nel A.-S. Stochastic analysis
of the fractional Brownian motion. emph{Potential Analysis}, textbf{10},
177-214 (1998).
bibitem {GaRe03}Garrido-Atienza, M. J., and Real, Existence and uniqueness of
solutions for delay stochastic evolution equations of second order in time.
emph{Stochastics and Dynamics}, textbf{3} (2), 141-167 (2003).
bibitem {GarMasSchm08}Garrido-Atienza, M. J.; Maslowski, B.; Schmalfu{ss },
B. Random attractors for ordinary stochastic equations driven by a fractional
Brownian motion with Hurst parameter greater than 1/2. Submitted.
bibitem {GLRS04}Giraitis, L., Leipus, R., Robinson, P.M., and Surgailis, D.
LARCH, leverage, and long memory. emph{Journal of Financial Econometrics},
textbf{2} (2), 177-210 (2004).
bibitem {Gm07}Grigoriu, M. Linear systems with fractional Brownian motion and
Gaussian noise. emph{Probabilistic Engineering Mechanics}, textbf{22} (3),
276-284 (2007).
bibitem {Hm05}Hairer, M. Ergodicity of stochastic differential equations
driven by fractional Brownian motion. emph{Ann. Probab.} textbf{33} (2),
703-758 (2005).
bibitem {HO07}Hairer, M.; Ohashi, A. Ergodic theory for SDEs with extrinsic
memory. emph{Ann. Probab.} textbf{35} (5), 1950-1977 (2007).
bibitem {hv}Hazra, S.B.; Viens, F. Towards pathwise stochastic fast dynamo in
magneto-hydrodynamics. Fields Institute Communications textbf{34} (2002), 75-89.
bibitem {NuaHu06}Hu, Y.-Z., Nualart, D. Rough path analysis via fractional
calculus. To appear in emph{Transaction of American Mathematical Society }(2008).
bibitem {Jg02}Jumarie, G. Would dynamic systems involving human factors be
necessarily of fractal nature? emph{Kybernetes}, textbf{31} (7-8) 1050-1058 (2002).
bibitem {Lisei01}Lisei, H. Conjugation of flows for stochastic and random
functional differential equations. emph{Stochastics and Dynamics} textbf{1}
(2), 283-298 (2001).
bibitem {r-9}Lu, K.; Schmalfu{ss , B.} Invariant manifolds for stochastic
wave equations. emph{J. Differential Equations}, textbf{236 }(2), 460-492, 2007.
bibitem {L}Lyons, T. J. Differential equations driven by rough signals.
emph{Rev. Mat. Iberoamericana} textbf{14} (2), 215-310 (1998).
bibitem {LioQui98}Lyons, T.; Quian, Z. Flow of diffeomorphisms induced by a
geometric multiplicative functional. emph{Probability Theory and Related
Fields} textbf{112} (1), 91-119 (1998).
bibitem {LioQia02}Lyons, T.; Qian, Z. textquotedblleft System control and
rough paths,textquotedblright Oxford Mathematical Monographs, Oxford
University Press, Oxford, 2002.
bibitem {Mandelbrot}Mandelbrot, B. The variation of certain speculative
prices. emph{Journal of Business }textbf{XXXVI}, 392-417 (1963).
bibitem {MS04}Maslowski, B.; Schmalfuss, B. Random dynamical systems and
stationary solutions of differential equations driven by the fractional
Brownian motion. emph{Stochastic Anal. Appl.} textbf{22} (6), 1577--1607 (2004).
bibitem {MV05}Mocioalca, O.; Viens, F. Skorohod integration and stochastic
calculus beyond the fractional Brownian scale (2004). emph{Journal of
Functional Analysis}, textbf{222} (2), 385-434 (2004).
bibitem {MN}Maslowski, B.; Nualart, D. Evolution equations driven by a
fractional Brownian motion. emph{Journal of Functional Analysis},
textbf{202}, 277-305 (2003).
bibitem {NNT07}Nourdin, I.; Nualart, D.; Tudor, C.A. Central and non-central
limit theorems for weighted power variations of fractional Brownian motion.
emph{Submitted}, 30 pages (2007).
bibitem {NR02}Nualart, D.; Rascanu, A. Differential equations driven by
fractional Brownian motion. emph{Collectanea Mathematica} textbf{53}, 55-81 (2002).
bibitem {Palmer2005}Palmer, T. N.; Shutts, G. J.; Hagedorn, R.; Doblas-Reyes,
F. J.; Jung, T.; Leutbecher, M. Representing model uncertainty in weather and
climate prediction. emph{Annu. Rev. Earth Planet. Sci.} textbf{33} (2005), 163-193.
bibitem {Palmer}Palmer, T. N.. A nonlinear dynamical perspective on model
error: A proposal for non-local stochastic-dynamic parameterization in weather
and climate prediction models. emph{Q. J. Meteorological Soc.} textbf{127}
bibitem {r-8}Chueshov, I.; Schmalfu{ss , B}. Qualitative behavior of a class
of stochastic parabolic {PDE}s with dynamical boundary conditions.
emph{Discrete Contin. Dyn. Syst.}, textbf{18 }(2-3): 315--338, 2007.
bibitem {TaLiuTru02}Taniguchi, T.; Liu, K.; Truman, Existence, uniqueness,
and asymptotic behavior of mild solutions to stochastic functional
differential equations in {H}ilbert spaces. emph{Journal of Differential
Equations} textbf{181} (1), 72-91 (2002).
bibitem {TTV}Tindel, S.; Tudor, C.A.; Viens, F. Stochastic Evolution
Equations with Fractional Brownian Motion. emph{Probability Theory and
Related Fields} textbf{127} (2), 186-204 (2003).
bibitem {TV07}Tudor, C.A.; Viens, F. Variations and estimators for the
selfsimilarity order through Malliavin calculus. emph{Submitted}, 37 pages (2007).
bibitem {TVstat}Tudor, C.A.; Viens, F. Statistical aspects of the fractional
stochastic calculus. emph{Annals of Statistics}, textbf{35} (3), 1183-1212 (2007).
bibitem {VZ}Viens, F.; Zhang, T. Sharp Estimation of the Almost Sure
Asymptotic Behavior for a Brownian Polymer in a Fractional Brownian
Environment. emph{Submitted}. 2006, 47 pages.
bibitem {w1}Willinger, W.; Taqqu, M.; Teverovsky, V. Long range dependence
and stock returns. emph{Finance and Stochastics} textbf{3}, 1-13 (1999).
bibitem {w2}Willinger, W.; Taqqu, M.; Leland, W.E.; Wilson, D.V.
Selfsimilarity in high speed packet traffic: analysis and modelisation of
ethernet traffic measurements. emph{Statist. Sci.} textbf{10}, 67-85 (1995).
bibitem {Zah98}Z"{a}hle, M. On the link between fractional and stochastic
calculus. emph{Stochastic dynamics (Bremen, 1997)}, 305--325, Springer,

subset: commoncrawl


text:
Vince Gill receives Lifetime Music Achievement Award from Nashville's T.J. Martell Foundation
The T.J. Martell Foundation in Nashville honored Oklahoma native Vince Gill with the Frances Williams Preston Lifetime Music Achievement Award last weekend.
The T.J. Martell Foundation is billed as the music industry's largest foundation that funds innovative medical research focused on finding cures for leukemia, cancer and AIDS. The foundation sources and supports early-stage research projects aimed at developing more effective clinical treatments for patients which otherwise might not be funded.
The award, one of the foundation's highest, is named in honor of BMI pioneer, Frances Williams Preston, whose leadership and contributions to the Nashville music community and beyond are legendary. In addition to her many accomplishments at BMI, Preston was president of the T.J. Martell Foundation Board of Directors and founder of the Frances Williams Preston Laboratories at the Vanderbilt-Ingram Cancer Center. Preston was the first recipient of this prestigious award in 2009, and it was later awarded to Michael Bolton (2011) and Kris Kristofferson (2012) in her name, according to BMI.com.
Gill, a friend of Preston's, said, "I couldn't ask for anyone better to take my interest to heart and look after me. At the end of the day, I knew she was going to represent me and my fellow songwriters by doing a first-class job. She seemed to love the people and the songs more than the work she was doing."
The T.J. Martell Foundation honored Gill, an award-winning BMI singer-songwriter and Country Music Hall of Famer at its Fifth Annual Nashville Honors Gala on Sunday at the Hutton Hotel in Nashville. For more information about the foundation, go to http://tjmartell.org.


text:
Two innocent people imprisoned by communications data blunder
In his latest report Sir Paul Kennedy, the Interception of Communications Commissioner details how two members of the public were arrested by police and wrongly accused of crimes because officials wrote down the wrong numbers.
Two police forces were given the wrong information by a communications service provider (CSP) which led to two people being wrongly detained and accused of crimes last year. The case is currently under investigation, but highlights acutely the risks of error in accessing communications data. Equally, it is surprising that communications data was used to detain two people without any other corroborating evidence.
The report also found one official at a council was self-authorising requests for information by acting as applicant, authorising the application and then collecting the data while 52 requests in two local authorities were not approved by someone of sufficient seniority.
There are clearly serious problems with the authorisation process that allows hundreds of errors to go undetected in almost 900 cases. Furthermore,at a time when the Government is planning to massively increase the amount of data communications service providers must keep on their customers it highlights the stark gaps in safeguards and the weakness of authorisation processes that almost never require court approval.
The report fails to offer any evidence on the effectiveness of the 494,078 requests although it is fair to say that the 11% fall in data requests has not lead to a significant increase in the crime rate, or a fall in the clean-up rate.
As the Communications Data Bill is scrutinised, the very least the public deserve is a credible justification of why we should all be treated as suspects. This report does nothing to reassure anyone about the effectiveness of safeguards or the need for further surveillance, but does highlight the real threat to privacy increased data retention poses.
2 Comments
No No No17th July 2012
This highlights the lack of professional approach to policing today. This example shows how one can be arrested due to a simple admin error without any other evidence at all – how can this be deemed to be acceptable on any level? Then to discover that requests for information are being dealt with in totally unacceptable ways just adds fuel to the fire. Why are we all being treated as suspects? When did the law change in this country to say that we are all guilty until proven innocent? We need to prevent even more of our data being stolen from us by those masquerading as on our side.
Anonymous17th July 2012
It seems like the only way to avoid this implied guilt. Use a VPN.


text:
Rainlendar - Desktop Calendar
View Single Post
Team Leader
A calendar on the desktop is a handy feature. My option to date has been to settle for
which is a nifty screensaver rotator utility and all that, but a bit bulky. Even when I turned off its screensaver functionality, its startup utility took up more time than Im comfortable with.
, the cute windows desktop calendar! Tricky names aside, this is simply a fabulous find. Its small, cute, has a negligible memory footprint, and looks great with its avant garde font.
Download Rainlendar:
Its a breeze to configure. You can place it anywhere on the desktop screen by simply dragging it and it latches into place. Best of all, you can have your To-Do lists and Events show up on the desktop as well. In a cool, semi-transparent manner (and the colors readjust automatically to make sure the text is visible.)
Screenshot of Rainlendar
Best feature: It integrates right into my Microsoft Outlook through a
interface Calendars&Tasks. It even recognized my Archive.pst and pulled the calendar entries from there! No need to have a separate to-do list.


text:
Contact Detail
Research Scientist, Biomolecular Analysis Facitility, Australian Institute of Marine Science
Townsville QLD, Australia
Email Please login to view this email
Tel 07 47 534143
Sector:Research Laboratories
Organizations:Australian Institute of Marine Science
IYC Interests:Increase the public appreciation and understanding of chemistry
Encourage interest of young people in chemistry
Generate enthusiasm for the creative future of chemistry
Celebrate the role of women in chemistry
Web Site:
I am a natural products chemist working at the Australian Institute of Marine Science (AIMS). Areas of research focus include marine natural products chemistry (isolation and structure elucidation), biodiscovery (bioassay guided-fractionation), marine chemical ecology (with a focus on coral-algal symbiosis and sponge-bacteria symbiosis) and identification of chemical cues involved in coral larval settlement. I am currently expanding my research into metabolomics of the coral and sponge holobionts in order to better understand the effects of stresses on these organisms and their ability to recover from them. This research is highly relevant to improving the general understanding of iconic coral reefs.
AIMS has recently started a "Women in Science" group to link young female scientists with mentors, and to encourage exchange of information and ideas. I am hoping to provide regular updates and useful information from The International Year of Chemistry (2011) to this group, which also includes analytical and geochemists, as a way of increasing the profile of chemistry at AIMS.


text:
Jane Velez-Mitchell Reports for The Fix
Jane Velez-Mitchell Reports for The Fix
Host of the self-titled Jane Velez-Mitchell on HLN, Velez-Mitchell covers topics that include how America is adapting to economic and environmental changes, mysterious phenomena and the many under-reported stories that impact viewers' lives. A veteran television news journalist, Velez-Mitchell reported for the nationally syndicated show Celebrity Justice and regularly served as guest host for HLN's popular program Nancy Grace. Velez-Mitchell chronicles her lifelong battle with alcoholism, as well as her coming out as a lesbian and her discovery of a healthier, happier and more meaningful existence, in iWant: My Journey From Addiction and Overconsumption to a Simpler Honest Life, which was released in October 2009, and became a New York Times bestseller. Her most recent book, Addict Nation, was released in February 2011. In 2010, her HLN show garnered a Genesis Awards from the Humane Society of the United States (her third) and she's also the recipient of a Los Angeles Emmy Award and a New York Emmy Award. The KCAL-TV newscasts she co-anchored won three Southern California Golden Mike Awards and an Emmy.
Jane is now exclusively answering your questions about addiction, recovery and the like. Send your questions to firstname.lastname@example.com.


text:
You are about to report the comment below to the Crash.Net moderators as being abusive.
An abusive comment may contain profanity, personal attacks or commercial SPAM.
Please do not report this comment as being abusive if you simply disagree with the
comment posted. If this is the case then you can click on the "disagree" icon () in the upper right
of the comment's post to show your dissatisfaction.
Crash.Net moderators will view all reported comments and will act as they deem necessary.
This may be editing the comment or total deletion.
Kimi can push his tyres pretty hard when he needs to, the Merc clearly has a setup problem that burns the tyres and affects Hamilton especially.


text:
Spyware programs are some of the most troublesome programs to appear on the internet in the last few years and now have exceeded viruses in being the leading world wide web threat. A spyware program is defined as any piece of program that collects information about the PC itself or the owner of the personal computer. When spyware programs invade your pc program, it may possibly be reasonably harmless or it could be potentially catastrophic. Some spyware programs like are capable of paralyzing a laptop or computer system requiring main repair work that could cost hundreds of dollars.
There are some laws that are being put in location to regulate spyware but will take several years to enforce. At present the most powerful way to regain your privacy is by using some sort of spyware/adware removing software to clean your method and defend your PC from further infection.
Protective spyware software program will also block your computer from becoming invaded by hackers, data thieves, malicious emails and other threats. There are several free of charge spyware tools that are readily offered for use and can do a comparatively great job in cleaning your technique. Nonetheless, paid spyware services give extended protection and updated databases to maintain your PC fully shielded from all new threats and future spyware infections.
These tools are particularly created to detect, remove and fix files that have been infected by spyware and adware applications. Removing spyware applications manually can be a quite challenging process, so the easiest way to keep protected and take away threats is to use excellent spyware removal tools.
Some private computers already include adware and shareware when you buy them for the 1st time at the shop, and due to the fact of this, fighting spyware and adware is becoming even harder each and every and each and every day. The only way to fight back is to have anti-spyware protection.
Numerous spyware programs are created to infect your laptop or computer following a totally free scanner tool removed it. This nevertheless is not possible with a paid spyware tool simply because of all the updated content material and new software. There are some symptoms that occur when your personal computer has grow to be infected. Frequent pop-ups are typical, your computer my be operating unusually slower or might even crash on occasion and often a search toolbar or other browser toolbar may seem even though you did not install it.
All of these problems are all signs of spyware or adware infecting your laptop or computer and need to be tended to quickly prior to they trigger severe damage to your PC's essential components costing you a lot of income. There are many excellent spyware removers out there and you should appear into obtaining a good 1 to make sure your privacy and individual information are kept safe and secure from prying eyes.
Hello my name is Nick and I have a powerful passion for wanting to help individuals remedy their PC problems. Nobody wants to have their information strew about the internet and spyware removers and blockers can make certain that does not occur.
Remove Spyware Threats!
Associated Spyware Blocker Articles


text:
Hi. Something strange has happened while playing with languages configuration in Firefox (v188.8.131.52). GUI was working fine, until I set the preferred language from es, es_ar, en_us, en, to en_us, en, es, es_ar. After I refreshed, I got this:
I set back the language preferences, deleted cache, completelly uninstalled firefox, reinstalled English version, reinstalled Spanish version, switched user default theme from the admin GUI, to no avail.
Logging from other computer works as usual. Logging using IE also works.
Any clues???


text:
May 30, 2016
A Meridian High School graduate is headed to college in the fall and will be taking some scholarship money she won through participation in Teens Against Tobacco Use.
Justice Lynch received a $2,000 check Monday from the American Lung Association.
As a member of the Mississippi Tobacco-Free Coalition, Lynch has been active in speaking out about the hazards of smoking and using tobacco products.
Lynch says she believes second-hand smoke caused her grandfather's lung cancer.
Lynch will attend Rust College in the fall on an academic honors scholarship.
Click Here to access the online Public Inspection File
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.


text:
by Competitor.com
He did it to help the impoverished.
by Competitor.com, Published Oct. 21, 2013, Updated Oct. 21, 2013 at 9:04 AM UTC
He wants to finish 160 races by December 31.
by Duncan Larkin, Published Aug. 4, 2011
He won two marathons in two days.
by Duncan Larkin, Published Mar. 27, 2011, Updated Mar. 28, 2011 at 7:15 AM UTC
Despite his win, he was four minutes shy of his goal.
Stay up-to-date on the latest running content.
Click to Subscribe
© 2014 Competitor Group Inc. All Rights Reserved


text:
Real Housewives of Miami
Real Housewives of Miami Season 3 Sneak Peek: Joanna Freaks About Her Wedding! (VIDEO)
Joanna Krupa is seriously stressing about her wedding. Like, seriously.
In a preview video clip from next week's episode of Real Housewives of Miami, we see that Joanna still has a lot to do before her wedding to Romain Zago, and things aren't going well.
First, she gets a call from the venue. "If you wanted to add the floating runway and all the florals, that's gonna almost double our budget," Joanna learns. She responds with, "Oh, my god, I'm gonna end up a divorced woman once he gets the bill."
Then, Joanna has to call her wedding dress designer to tell him, "I'm actually freaking out because I'm not gonna have much time to come to L.A. before the wedding." Needless to say, the dress designer isn't pleased and says Joanna needs to get to L.A. for a fitting. Gulp.
Then, Joanna realizes that too many people have agreed to attend the wedding.
"I have a major issue because I told you probably 75, 100 guests — we're at 150 right now," she tells someone who's helping her plan the wedding.
Then, she calls Romain to get help, but he doesn't pick up his phone, which doesn't make Joanna pleased. "If you want me walking down that damn aisle, please call me back," she furiously tells him.
So will Joanna and Romain ever make it to the altar? We shall see!
Source: Bravo


text: Hotel Alfons III Quick Specs Rates $44Year Built 1955Year Renovated 2006 View Large Interactive Map Address Cami de Mao, 53Ciutadella de Menorca, Menorca Island, Balearic Islands, Spain 07760 Web http://www.hotelalfons.com Phone + 34 971-380150 Fax + 34 971-481529 Toll-free Email firstname.lastname@example.com OverviewMeeting Specs Description Year Built: 1955Year Renovated: 2006Check in Time: 2:00 PMCheck out Time: 12:00 PMTotal Number of Rooms: 42Rates: $44 Hotel Alfons III Location & NeighborhoodIn Ciutadella de Menorca. Beach, Mountain. Hotel Alfons III Rates & PoliciesHotel Alfons III rates are Daily in USDStandard: $44 Credit Cards Are AcceptedReservations must be guaranteed with a credit cardMeals: No Meals Included Nearby AirportsMenorca (21 miles southeast)Palma Mallorca (66.50 miles southwest)Barcelona El Prat (128.50 miles northwest)More Airports » Hotel Alfons III Room AmentitiesHotel Alfons III amenities are in All rooms unless noted otherwiseRefrigerator (some)Internet Access (High Speed & Wireless) Guest ServicesLaundry/Dry Cleaning ServiceFree Onsite ParkingCommon Area Internet Access (High Speed & Wireless) On-Site RecreationGolf CourseHealth ClubHealth Spa/MassagePool (Outdoor Pool)Nearby RecreationBeach Hotel Alfons III Meeting Rooms & Events3 Meeting Rooms holding 294 people.2,698 sq ft of Meeting Space Hotel Alfons III Business ServicesMeeting Room Internet Access (Wireless) Hoteliers! Is your listing up to date? With over 130,000 hotels in our database, no other source compares to our depth of information. Click here to review and be sure the travel professional knows your hotel's latest details.


text:
The Bachelorette
Chris Siegfried Accuses Desiree Hartsock of What Gross Habit?
The Bachelorette's Desiree Hartsock and Chris Siegfried have only been dating for about five minutes (and Des was in love with fellow man-testant Brooks Forester for four of those five minutes), but they've already settled into domestic bliss! This happy couple are moving into their first Seattle apartment, they're already planning their wedding, and –– oh yeah –– they've developed some truly gross habits.
Chris was recently asked what he was most nervous about when it comes to his big move with Desiree, and his response? "Well, she has a tendency to use my toothbrush."
Annnnd, there goes lunch. "No, I do not," Des argued (please, girl, we all know the truth). "He just made that up, she added. "I'm actually, I don't have any nerves."
Look, we're thrilled that Des and Chris are so comfortable with each other so soon and we know Chris comes from a family who evacuates each other's snot with weird tubes, but this might be a case of TMI.
On the other hand, sharing is totally caring. Do you think it's all kinds of adorable that Des and her honey boo boo swap toothbrush spit, or are you repulsed by this revelation? Weigh in below!
Source: RealityWanted


text:
Candida Die Off Face Rash July 14, 2013
Here are some home remedies that are used for yeast infection. Candida Die Off Face Rash this would stop the growth of infection. For people who face itching problems as well the best option would be to steep garlic clove in the diluted apple cider vinegar. Using a cotton tampon insert it into the vagina and keep over night. Remove it in the morning. This is an effective way of treating yeast infection.
The body has got out of balance allowing the yeast to grow to the point where it becomes a real problem. Now how does apple-cider vinegar fit into this? It is made as the name suggests from apples well cider or apple must to be more precise. It generally has a medium to light browny colour and is often sold unpasteurised and unfiltered. It can be purchased in pretty much any natural food oral candida dry mouth store.
In this article I will talk about the things you need to be successful. The first thing you need is a puppy a crate some treats a leash and an enzymatic cleaner. A case similar to
that is you wear your dog during the journey perfectly. You might think that by your dog in a crate for this purpose cruel but remember dogs are animals and how littleclosed Candida Die Off Face Rash places. The dog will not want to soil the area within the box. The exceptions are puppies from pet shops which could be a ground their enclosed spaces are resolved.
You can learn and practice yoga deep breathing and meditation to relax and keep their stress under control. You should also strengthen their are yeast infections contagious on the skin immune system so that yeast infection causes can never clamor to irritate you typically. Immune system can also be strengthened by drinking lots of water.
Mostly there are distinct vaginal yeast infection symptoms that are not what will be noticed in other conditions. The itchiness in the vaginal area is definitely a yeast infection symptom though it can also occur because a variety of other causes including due to presence of irritating chemicals that are normally found in soaps and detergents as well as in douches as too vaginal creams. There is also a close connection between stress psychological and yeast infection symptoms since a stressed out person will react negatively and this impairs the functioning of symptoms of chronic yeast infection their immune system which in turn increases the likelihood of yeast infection symptoms developing.
Many a times this infection gets transmitted to you from your female friend so it would be very prudent to get both of you checked up by a doctor and if required start treatment simultaneously for both of you. Remember yeast infections in men fungal yeast infection treatment also can be treated Just as it
is necessary for women men should also start taking large portions of yogurt with their normal lunch or dinner and use any over-the-counter antifungal cream for local application. Maintenance of proper hygiene is also absolutely necessary and fresh underwear everyday is a must to get well quickly. If you happen to be involved in activities which cause heavy perspiration you may require multiple changes of underwear since the affected area should be kept as clean and dry as possible to prevent growth of yeast and reduction of itching inflammation rash and a burning sensation which invariably accompany a yeast infection. Under normal circumstances this infection starts receding within two days and within a week you should be completely cured. Just remember it is a normal bodily function natural yeast infection cure garlic which has gone as little out of control.


text:
Learn more about the five boroughs that make up New York City with our complete guide.
Discover what to do, where to stay and what to see in New York City with our planning tool.
Get ready to take on New York City with Leonardo, Donatello, Raphael and Michelangelo.
Enjoy Shakespeare in the Park, the Museum Mile Festival, Macy's Fourth of July Fireworks and more.
Download your free copy or order a guide online today.
Wireless Internet is available at locations throughout NYC—including many parks and libraries.
Get tips, maps and everything else you'll need during your stay.
These NYC-centric mobile apps put the City at your fingertips.
See NYC's iconic sights at discounted rates.
Get the best prices at NYC's bars, clubs and restaurants.
Stay in New York City and save with these offers.
New York City is made up of five boroughs: the Bronx, Brooklyn, Manhattan, Queens and Staten Island. Each one has enough attractions—and enough personality—to be a city all its own. Learn more about them with this guide.
Although it was founded in Boston in 1960, The Pace Gallery moved to New York in 1963, and today, the Pace family includes four galleries in New York and also Pace Beijing, a whopping 25,000 square-foot gallery space in China. Pace celebrates its 50th anniversary this year, and in celebration of that landmark event, it has launched thepacegallery.com, a site where visitors can search the gallery's archives going back for the past five decades. This newest location has showcased artists including Claes Oldenburg and Elizabeth Murray and featured such exhibitions as Julian Schnabel's Polaroids and the comprehensive 50 Years at Pace.


text:
This topic is archived and can not be replied to any more.
|Iraq - Was It A War, And Is It Lost? posted Sun Oct 22 2006 17:14:13 by NAV20
|Losing Weight The Natural Way And Keeping It Off! posted Tue Sep 26 2006 21:00:09 by Faustino927
|My ITunes Library Got Deleted, And I Need Help! posted Tue Aug 8 2006 02:15:33 by HorizonGirl
|Montoya And McLaren : It's Over posted Tue Jul 11 2006 15:21:02 by UTA_flyinghigh
|Why Did The USA Invade Iraq And Was It Worth It posted Mon Mar 6 2006 23:30:34 by Highpeaklad
|NWA And A380... It's Here! posted Fri Apr 1 2005 05:21:35 by Jano
|What Exactly Is Voip And What's It Like? Worth It? posted Tue Nov 30 2004 15:56:00 by Mirrodie
|Stand Tall With Iraq And Support It? posted Wed Sep 22 2004 07:09:23 by Commander_Rabb
|Ever Vote For Someone And Regret It Later? posted Wed Mar 31 2004 13:58:23 by Bruno
|I Held KROC's Shaft And Enjoyed It posted Sat Nov 1 2003 23:48:09 by Matt D


text: I found this bike on Craigslist for $175. I am thinking about buying it to commute to and from light rail stations in Baltimore for work. It won't be more than a one mile commute at either end of the rail ride. I like it for its light frame and mustache handlebars that allow me to sit upright or lean forward. Is a three speed acceptable for a commute as short as mine? The route from the light rail to work is a slight incline (you can see it if you search "railroad ave, Baltimore" and head north on Fall Rd using street view). I'm a little concerned about not being able to change gears while pedaling, but I could get used to it. Besides commuting, I'll use my bike to get around the city. Thanks for your help!


text:
1997 BMW 528i Reviews
1997 BMW 528i Reviews and Owner Comments
Login to Review This Car
1997 BMW 528i (3 Reviews)
The front left door needs to be replaced both exterior and interior handles broke. Not sure where else to find a replacement door for a good price in bay area of california
Hi, I just purchased a 1997 BMW 5 series recently. The odometer light goes completed off and comes on. What could be possible issue. Appreciate any advie or help. Thanks you.
real nice cars but they need to put a dipstick to check the trans fluid some people dont know how to check it . also some people cant afford to take it to a shop everytime it needs fluid.


text:
The Fed Panicked
This article originally appeared on The Daily Capitalist.
Here is the Fed Open Market Committee's announcement of November 25, 2008 announcing the implementation of QE1, a $600 billion bond purchase program:
This action is being taken to reduce the cost and increase the availability of credit for the purchase of houses, which in turn should support housing markets and foster improved conditions in financial markets more generally.
On March 18, 2009, the Fed announced a second phase of QE1, expanding the program by another $750 billion to bring the Fed's total to $1.25 trillion for the QE1 program. The Fed noted that:
Information received since the Federal Open Market Committee met in January indicates that the economy continues to contract. Job losses, declining equity and housing wealth, and tight credit conditions have weighed on consumer sentiment and spending. Weaker sales prospects and difficulties in obtaining credit have led businesses to cut back on inventories and fixed investment. U.S. exports have slumped as a number of major trading partners have also fallen into recession. Although the near-term economic outlook is weak, the Committee anticipates that policy actions to stabilize financial markets and institutions, together with fiscal and monetary stimulus, will contribute to a gradual resumption of sustainable economic growth. ...
In these circumstances, the Federal Reserve will employ all available tools to promote economic recovery and to preserve price stability. ...
On November 3, 2010 they announced another round of quantitative easing called QE2 in which they purchased another $600 billion of longer term Treasurys:
Information received since the Federal Open Market Committee met in September confirms that the pace of recovery in output and employment continues to be slow. Household spending is increasing gradually, but remains constrained by high unemployment, modest income growth, lower housing wealth, and tight credit. Business spending on equipment and software is rising, though less rapidly than earlier in the year, while investment in nonresidential structures continues to be weak. Employers remain reluctant to add to payrolls. Housing starts continue to be depressed. Longer-term inflation expectations have remained stable, but measures of underlying inflation have trended lower in recent quarters. ...
To promote a stronger pace of economic recovery and to help ensure that inflation, over time, is at levels consistent with its mandate, the Committee decided today to expand its holdings of securities. The Committee will maintain its existing policy of reinvesting principal payments from its securities holdings. In addition, the Committee intends to purchase a further $600 billion of longer-term Treasury securities by the end of the second quarter of 2011, a pace of about $75 billion per month.
On September 21, 2011 the Fed announced Operation Twist in which they extended the maturity dates of $400 billion of their Treasury portfolio in order to drive down interest rates and to "support a stronger economic recovery". The Fed's reason:
Information received since the Federal Open Market Committee met in August indicates that economic growth remains slow. Recent indicators point to continuing weakness in overall labor market conditions, and the unemployment rate remains elevated. Household spending has been increasing at only a modest pace in recent months despite some recovery in sales of motor vehicles as supply-chain disruptions eased. Investment in nonresidential structures is still weak, and the housing sector remains depressed. However, business investment in equipment and software continues to expand. Inflation appears to have moderated since earlier in the year as prices of energy and some commodities have declined from their peaks. Longer-term inflation expectations have remained stable.
Recall also that the Fed has kept the Fed Funds rate at almost zero rates (ZIRP) since the beginning of the 2008 crash.
Today, the Fed announced an open-ended purchase of "agency" mortgage-backed securities of $40 billion per month at least until the end of the year, which along with its Operation Twist purchases, amount to $85 billion of such purchases each month. Again they wish to "support a stronger economic recovery". Their justification was:
Information received since the Federal Open Market Committee met in August suggests that economic activity has continued to expand at a moderate pace in recent months. Growth in employment has been slow, and the unemployment rate remains elevated. Household spending has continued to advance, but growth in business fixed investment appears to have slowed. The housing sector has shown some further signs of improvement, albeit from a depressed level. Inflation has been subdued, although the prices of some key commodities have increased recently. Longer-term inflation expectations have remained stable.
This time the Fed added some significant wording:
... If the outlook for the labor market does not improve substantially, the Committee will continue its purchases of agency mortgage-backed securities, undertake additional asset purchases, and employ its other policy tools as appropriate until such improvement is achieved in a context of price stability. ...
The bottom line is that the Fed panicked. It is extraordinary that the Fed would announce an open-ended "we'll print as much as it takes, as long as it takes" policy. Chairman Bernanke is sending a signal to the markets and to government that the economy is bad and getting worse and that the Fed will do its part as everyone expects them to do. This is a clear signal to the markets and the world that the Fed stands for monetary inflation. They don't know what else to do.
As we have long been telling readers, unemployment is the key to Fed policy and they have formally made it their policy linchpin. As far back as May, 2011, on Fox Business News I said that Mr. Bernanke has no other real alternatives other than QE and that with rising unemployment, he would be pressured to "do something."
One may ask why none of these policies have led to economic recovery. Why didn't QE1 work? After all they told us then that it would promote "sustainable economic growth". By the time QE2 was released we heard much of the same thing: it would "promote a stronger pace of economic recovery". Had QE1 worked as they said, why did they need QE2? Now the Fed tells us again that another round will "support a stronger economic recovery".
That begs this question: If QE1 and QE2 and Operation Twist didn't work, why would QE3 work?
The quick answer is that it will fail like its predecessors.
I discussed this at length in my February 14, 2012 article, "Is This Recovery." In that article I anticipated that the following things would happen:
1. The economic "good news" is largely based on fiat money steroids and will not last without continuous injections of new fiat money into the economy.
2. The last injection of fiat money (QE2) is already wearing out and money supply is most likely declining.
3. A declining MS will result in further economic weakness (stagnation) and flattening-to-increasing unemployment.
4. This is likely to occur in Q2-Q3 2012.
5. As soon as unemployment goes up again, the Fed will announce QE3.
6. The dollar will continue to be weak.
7. It is likely that price inflation will continue to be "modest" (as the Fed sees it) in light of ongoing real estate related asset devaluation. This depends on the amount of QE.
The article thoroughly discusses the reasons why the economy is stagnating and why further rounds of quantitative easing will not change it. One of the charts from that article (shown below) attempts to show that each round of QE has been less effective at boosting nominal GDP. The vertical bars show the dates of QE1 (orange) and QE2 (light blue), the money supply (TMS2- aqua-blue line), and GDP (thin black line with its own scale [left]). The result is that economic growth measured by nominal GDP has been largely illusionary.
The truth is that GDP is not a very good measure of economic growth, at least when the Fed increases the money supply through QE. Since GDP measures spending, if new money is injected into the economy, there will be more spending and thus GDP will increase. The second point is that "printing" money never creates organic economic growth. In fact it never has at any time in history.
What can we expect the consequences of QE3 will be?
1. Money steroids will give a temporary boost to the financial markets as evidenced by today's euphoric response to the Fed's announcement.
2. The impact on organic economic growth will be nil even though it may slightly increase GDP by Q1 2013.
3. Unemployment will remain high.
4. Economic growth will stagnate, if not decline, through the remainder of 2012 as money supply growth declines (TMS2).
5. Post Q1 2013, economic activity will again stagnate, assuming there are no policy changes or political changes (Romney is elected).
6. Europe and the rest of the world's economies are in decline which will further depress the U.S. economy.
7. Price inflation is a guessing game. My guess is that it will remain within the Fed's parameters. The key to price inflation will be credit creation through lenders and, while lending has shown some life (mainly the big banks with big companies), it is likely to flatten again as the economy stagnates, thus inflation will remain "Japanese."
8. Interest rates will remain around their historic lows. While the housing market is showing some signs of life, its recovery largely depends on job growth which will remain subdued.
9. How much QE is a good question. I cannot see that any Fed chairman would print endlessly to a point of high price inflation. That would require much greater amounts of QE-type monetary stimulus plus it would require banks to lend, which means businesses would be willing to borrow, thus expanding credit and money supply to much higher levels. QE is not an efficient way to price inflation, and in a stagnating economy, borrowing will remain flat.
If you are a true believer and feel that the Fed is correct, you have to ask yourself hard questions about your assumptions since the Fed has been consistently wrong in their forecasts and policies. Now they insist on pursuing the same failed policies. Why would they work now?
The Fed continues to follow the same wrong policies as it has since the beginning of this depression. We now have one of the longest depressions in history that has been caused by the Fed and the fiscal policies of the Bush and Obama Administrations. They are devaluing the dollar, destroying capital, thwarting growth, and cheating savers out of their hard earned money. It is a cruel blow to the 23.1 million un/under-employed in the U.S. who need economic growth to create jobs. We need a new direction.
- advertisements -
5 days ago – Half an hour after anon table is a section of allowance REPLICA OAKLEY SUNGLASSES and ends of a meal, Yang Ningsu looked at not just accommodated blackout if the array ...
Re; GDP as economic indicator
Seems to me at about this point we the people need to push back against this rampant give-away by the Fed, essentially buying MBS at par (which if marked to market, the real value would be somewhere around 50%), and sticking us, our kids & grandkids with the bill. The net result of this spending is more huge bonuses for the Banksters and Wall St. It solves zero problems on Main St.
$80 Billion a month invested in a "Rebuild America" infrastructure program, on the other hand, would put millions of Americans back to work, which would in turn result in sprouting 100's of 1000's of new jobs in small business as the RA workers spend their newfound incomes. At the same time it would take millions of Americans off the welfare and snap rolls, so the real cost would not be $80 Billion a month. Couple this with new legislation reversing the tax advantages multinational companies enjoy from outsourcing jobs to foreign lands, and maybe going a step further, a tariff on imported goods from such operations. I believe we would see the pendulum swing back toward increased manufacturing in America.
Long term, we as a country would enjoy a stronger, safer, more productive country with a better infrastructure and much better economy.
Too bad we're not hearing anything close to this in any campaign speeches.
They don't call him helicopter Ben for nothing you know!
You are all missing the most important NEW economic formula:
When the exponential growth rate on the Fed's balance sheet earnings (which get remitted back to Treasury - minus a small haircut) exceed the exponentially growing US debt/GDP ratio we have the economic crisis solved - forever! With no cuts -except in tax rates!
The only question is when do we hit the cross-over - I say around 2015.
Then the only question will be - what to spend this infinite source of wealth?
I say another dozen $100 Billion dollar Aircraft Carrier Battle Groups - just in case these ME riots get worse. And a $1 Trillion space based laser defense to protect those vulnerable Nimitz ACs.
And free food for EVERYONE! (and well a free P90X DVD set - in case this weight thing gets out of hand - we do need a few hotties around).
This is yet another banker bailout, taking their bad mortgages and putting on the public books. Now the TBTF banks can pay out huge bonuses to themselves and make more bad loans for profit.
Let's call a spade a spade. Bernanke and the fraud-Fed is bailing out Washington writ large. This has EVERYTHING to do with politics and zero with the common good. It is elite self-dealing their own preservation.
All matters of politicial partisanship are purely circus as everyone with fucking matter in their skull can see that D's and R's are just as culpable with the rotten stank of the USA.
I'm glad I'm not young -- those under 40 don't stand a chance of anything other than fascist servitude. Their children? FUCK THE CHILDREN, THEN EAT THEM! No opportunity unrevoked.
Banks and 1% are gutting the country, and there ain't shit you the reader or anyone else can or will do about it.
Eat shit, 99!
More like 72 off-suit.
Econophile---So, specifically, what is the new direction that we need so desperatly ?
Cut spending drastically--- both entitlements and defense?
Increase taxes?
Allow banks to fail?
Devalue US$?
Wage and price control ala WWII?
Everything else is same old, same old and will lead to eventual collapse
But then that makes it impossible for our betters, our managers, to get what they want. Ultimately they want to own us and our children and live off what they can siphon from what remains of a once productive economy.
EXACTLY! You get the smartest comment award.
Freedom is "unmanagable."
Anything "unmanagable" is not fiscally responsive to manipulation, thus oppressed by every power and incorporated media outlet known.
"Let them eat stocks and housing"
We have low household formation due to young adults facing high unemployment, low paying jobs with generally short job tenures, and heavy student debt burdens. On top of that, we have generational headwinds as boomers hit retirement age and want or need to downsize. Keeping money on sale is not going to induce banks to lend more if they can't find enough qualified borrowers. And the consumer deleveraging story is not as positive as the statistics would lead you to believe. A lot of it is involuntary, meaning driven by foreclosures. In addition, retirees also curtail their spending thanks to the fall in interest income they've suffered under ZIRP.
But another big issue is that the Fed looks to have painted itself in a corner. Is the US going to have 3.5% mortgage interest rates forever? If the central banks does manage to create a bit more inflation, how does it think it will exit? A mere 1% increase in interest rates, from 3.5% to 4.5%, increases mortgage payments on a 30 year fixed rate mortgage payments by 13%. That will translate into a meaningful dent in housing prices. And where does the Fed go if a financial crisis or other shock occurs?
The petrodollar is about to fall apart. It's no wonder the Fed is panicking.
They are not PANICKING, THEY WANT THE CORPORATIONS TO PANICK ABOUT THEIR CASH HOARD AND SPEND IT ON ANYTHING, BECAUSE BERNANKE IS GOING TO SHOOT THOSE. Good job Bernanke, the corporations will be forced to employ people on something, whatever thing, but use the cash.
Pfft. Executive Bonuses. Share Buyback Programs to make Executive Options more valuable. Special Dividend declarations.
Anything but ramping up hiring to do make work projects.
Government hires people to do make work projects, not corporations. That's a sure way to get your ass canned.
They may indeed burn through the cash, but it won't be on wages.
The way I see it the big mortgage banks are sitting on huge numbers of shadow inventory REO homes that they need to unload, Ben Shalom needs to create a huge pool of low cost,readily available funding so the banks can offload these properties without creating a price plunge (a plunge that would lead to more strategic defaults in areas already hardest hit).
The banks may be hiding their shadow inventory and not accounting for non performing loans or writing down these values. They can stick their heads in the sand about everything but the cash flow aspect of these bad mortgages, thats the squeeze that will force the sales. Bernanke's chatter about jobs is a smokescreen the prior QEs had little impact on jobs and this will have even less, any labor increases due to new home construction are way down the road - and the soaring commodity costs will largely offset minor additional savings in borrowing costs for new home buyers but there is no commodity cost element for existing home buyers, the price spread between new and existing (similar) homes will increase - how many new jobs does that create?
But there's a little problem with the MBS houses... most of them have no marketable and transferable title. In an orgy of "cloud" type thinking, MERS threw them away. They said they didn't NEED them anymore. And besides - that way they didn't have to pay taxes to all those counties on the title transfers every time the MBS was sold to a new holder.
Which is probably one of the main reasons they HAVE that shadow inventory - in many States they can't foreclose and they can't legally get RID of the turkeys at ANY price. (Didn't you ever wonder why they didn't just sell them at fire-sale prices and write off the losses from their taxes? ie what changed from the Old Days to now?)
Bankers will get their Christmas Bonus again. What else is new?
The Dutch election circus and media coverage achieved the desired result. The wrecking of the Economy can happily continue. Nothing new here, which compares well with the US elections.
Middle men in the developed world are getting it up the a**. This is nothing new and will continue until just 2 classes remain the have all and the have nothing.
The Fed and the ECB in a neck to neck race to get the most f*****-u* currency. You can still place your bets on the winner. The looser is a forlorn conclusion. That is the middle men and the next generation. Nothing new here either.
The € a big success is allowed to muddle through. Children born in NL prior to the arrival of the € had a net worth of about $20K. Those born today have a net debt of $35K, but with exchange rates changing that might change. Guess those babies born today literally are born losers.
The only surprise is that the house of cards is still standing and apparently is going to be build higher. It makes one wonder is this another babel tower and will the gods of money one day feel challenged and blow it to pieces.
God knows I don't. All is very bullish that is obvious.
I almost never see any TV. Don't recall having ever seen the Fed Chair speak. But caught Bernanke tonight doing his spiel, and the fucker looked and sounded nervous. Disconcertingly so. Did anyone else sense that? Is the guy always jumpy like that? Or is he perhaps freaked out trying to conceal his awareness that he is trying to ride a tiger at the edge of a cliff?
The Bernank is a cloistered academic. He is a *horrible* public speaker. These new news conferences are clearly his own idea. No media consultant would *ever* advise that he put himself out there like that, with his demeanor and persona.
He needs to hire a smart and slick press secretary to come out and do the public dirty work and keep himself in the shadows, other than the required, scripted Humphrey-Hawkins.
He always sounds like that. I actually think he sounded less nervous than usual yesterday.
It is really simple. It is the broken clock method. Eventually, the economy will improve, and QEnth will be hailed as the saving grace.
I gave you a green arrow for your clever and probably correct theory, but a broken clock will not point to the right time even twice per day if the hands are broken off and the case is smashed.
None of the QE's have passed the smell test but this one, QE3+ is really stinking of madness and some sort of covert last ditch looting, I am thinking that the December 21, 2012 end of the world theories are right. You do not care how hard you gouge the planet financially or how obvious that looting is when the people that might get fed up and fight back do not exist in 2013. Or some variation upon that theme.
Maybe I am wrong, but all of you, americans, are on the hype. I mean debt hype and affluenza. You making debt so easy, like drink water. You cannot even suggest how to live without debt. Tens of credit cards, mortgage housing, car loans. Debt is a one driver of your economy. The only way to get something is debt (=banks=FED). I don't sure, may be even Coke you buy on credit. It sounds so strange sometimes... I've made only one loan in my life, 15 yrs ago, for a 6 months. It was quite enough to understand that debt = drugs. Now I have 100m2 apartments, 2 cars (for me and my spouse), and zero debt. ZERO. I've just worked, that is all. I use debet card (you know what does it mean, I suppose)
Banksters made all of you a junkers, dope-fiends. Buy-buy-buy. Can't buy now? Make debt! It is so easy, so fast and relaxing. Look - there is a new house! Your father worked for his house for years, you can "buy" it right now!!! Easy, fast and so much fun! Faustian deal.
Just remember, is there are so much college loans or, may be, housing loans, 60 years before? Oh, sorry, economical growth... yes-yes-yes. It is Ponzi world at all.
So I can't grasp, why you worry about new debt, new fiat money, new QE?.. Nobody cares about pay it back, BTW. Just another one dose, new bing. Go ahead.
Whenever you live beyond your means and go into more debt in order to maintain a life style ,it eventually catches up. That is why Alexander I sold Alaska to America and Greece is willing to sell off their Islands. Bojhe Moi ! Would you like Alaska back ?
"...may be even Coke you buy on credit." Dude, coke is like $100 per gram and dealers now have square now so of course people buy it on credit cards, probably deduct it on taxes returns as well as a business expense.
You in Russia are catching up fast to western capitalism as far as consumer values go, as well as oligarchic banksters, so try not to get too smug OK? There actually are a lot of people here that manage to get by on cash alone, though I admit they usually are older and have paid off the loans they took for houses and cars and such. Lending and borrowing are not necessarily a Ponzi if conducted in other than a fiat currency and are self extinguishing over time. It becomes a type of Ponzi when borrowers are allowed to repay loans with other borrowed money. It can only happen where accounting and fraud enforcement standards are permitted to fail, and that, not debt in and of itself are what most here point to as a collapse in ethics, because it is addictive and self feeding to the point of insanity such as Bernanke announced yesterday, and which Draghi is doing on an even larger scale.
I would like to be critical of Mr. Putin but at least he has directed the BOR to buy gold. Pozdravliu if my memory of Russian is any good.
Thank for comment!
There is not so much smugness in my post, just a bit pity about how it looks from outside. We in Russia followed your democracy, your values (all of imperfections included), but first ten years was terrible, and now we are going to get all repercussions (oligarchic banksters, money outflow, oil needle, etc). Actually, all your problems become our problems very fast and double sized, thats why I am so interested on studies on what going on and how do not repeat your (America's) mistakes. Most of my post was about "collapse in ethics", of course.
Here in Russia still very difficult to buy housing without mortgage (housing costs are very high compared to earnings), and mortgage rates are about 12-14% per annum (thats why we call that people are enslaved for years), but when I thinking about what will going on when rates become too low, I have a good example of US housing crisis. People are people even in Russia, and "live now - pay later" is popular slogan.
Buying gold is good, but the best that Putin can do for Russia is elimination of currency board regime of BOR. But it is not so good for US, i think. Here we have a bill draft, issued by pro-Putin deputies, called sometimes "nationalisation of central bank", and, with all of its imperfections and weaknesses, and even stupid proposals, this is a sign.
Great post Hohlick, from a newbie. Faustian deal. Man, you nailed it.
QE is not failing its intended purpose which is to render valuless all of the malinvestment made by the big banks via inflation. My girlfriend is Bolivian and went through hyperinflation there is the 80s. She says buy fixed assets and also when the real inflation hits any mortgages you are paying for wiil rapidly be paid off with wheel barrow loads of worthless fiat.
How can the FED prove they are effectively manipulating reality?
With the Department of Homeland Security.
precious moment from the Nank speech:
q: so, is it maybe just a teeny bit political that bankKandidate2 said he'd fire you, and so you announce endless issuance of dollarness two months before the re-election of bankKandidate1?
a: I'm glad you asked that. check me out: as proof of how not political I am, and by the way I'm way too busy with my job to even think that far ahead, heh heh heh, well anyways, it is evidence of my NON-POLITICAL NON-ELECTION-TIMING that I worked really hard ALL YEAR LONG not to do what I'm now announcing I will do.
get it? the proof of how non political this is: I waited until now to spring it on you! all those months that I DIDN"T ANNOUNCE MORE DOLLARNESS up until elections are at hand? credit them to my trustworthiness account!
And yet there are people here that will vote Romney for no other reason than to get rid of Benny B at the Fed, and who will Mittens replace him with? I will laugh my ass off if it turns out to be Krugman! Chances are it would be someone more conditioned to taking orders from the WH though, Geithner?
where are al the smart guys whosaid we would never get QE3?
Guilty as charged; I'm a smart guy and I said he wouldn't do QE3. "I'm shocked, schocked, Rick, to find out tht gambling is going on here". IMO it's 100% political; If Odumbo doesn't win Magic Ben loses his job; and his magic; that's a powerful motivation. It's alos disgusting; and yes, shocking. This will not end well.
I think that's it. No QE -> crash -> Obama win less likely -> Ben Job less likely.
Today's IP number a perfect excuse.
He's behaving like a rent-seeking politician, not a central banker. (Not even one with a dual mandate). So who needs an 'independent' central bank? Just let the govt set the interest rate...
As for front-running a war - suggested below - doesn't that risk leaving you with no/inadequate 'ammunition' when the war breaks out?
As for 'predicting' yesterday's QE in May 11, well that's a touch early, dontcha think?
guilty too.
went against the majority...
we all(majority of econ idiots) get what we deserve.
but, my pm voted for me - and a welcome to that.
as i see it, since wages flat and inflation eating us like a chineese drip, well
ya need a 20 percent return somehow.
pm saved the day. how big is your nut? 20 percent of what-sustainable? hehehe
liven a month at a time. and oh yea inflate that mortgage away- hehehe again-what job?
pay the payment with housing subsidy from gubmnt? fenced pigs i say. 50 percent on wagon.
who is pullen - ben the one horse printer. hmmm
day will arrive for most paycheck to paycheckers will be doing the unthinkable...
plan your statagy
small comunity and plan to take a stand or go nocturnal and roam like a wolf...
thanks ben and ruleing bwankers; have a nice day at jersey or caymen.
hope dat fiat is worth something, all 20 t of it.
best be buying something tangible with that loot...
we are!
oh and thank again for that boost y-day, much appreciated.
good day.
Look I'm thinking Bernanke is f*cking nuts back to front. But, a war trade could be priced into the Fed MBS buy up, unlimited money print. If all out war breaks out, Israel gets he green light, Iran blows taking out the Saudis, South China sea blows up. China goes bananas on Japan/Philippines/India. Their will be a massive liquidity squeeze, funding will be drained out of USTs, USD will be bid and equities will be punished to hell.
The Fed, bless their maniacal inclinations, could be front running a war.
Just saw some massive short positions on various indexes light up.
Could be front-running a *world* war. Interesting notion.
more likely is that they recognize the dollar must ultimately fail and a better system could be prepared. The optimistic view is that with dollar failure we get a more even playing field (due to the elimination of the advantages of US reserve currency status). The Euro's structure has been in preparation for just this event and its use of gold, not as an asset that backs the Euro at a fixed rate, but at a market rate, will mean that the Euro can function as a reserve currency (not tied to one nation thus eliminating part of Triffin's Dilemmea) yet constrained from inflating because that would increase the Euro cost of gold which would cause upset to Euro holders. If this becomes universal then fiat currencies could exist in some harmony with the financial system because they would all be constrained to at least limit inflation somewhat, or the currency will find it difficult to get imports for the usual reason that inflating currencies do. If this systememerges, and I believe it will, we could ultimately have a better fairer world financial system.
Is it remotely possible that Bix Weir is right? - that they're TRYING to crash the whole financial system to 'reset' it free it from the grip of evil banksters?
'cause there's no other rational explanation for what's going on......
I wonder if Keynesianism swirls in the opposite direction in the Southern Hemisphere?
I have my eyes peeled, focused on the horizon, looking for QE4...........
Since QE3 is permanent, QE4 will be Bernanke's final bullet - when he prints money to buy gold. He will shoot his IOR bullet first.


text:
Company News
U.S. Products
181 W. Aqua Ave., Coeur D'alene, ID, 83815, USA
- 800-257-7982
Latest New Product News from
U.S. Products
Portable Carpet Extractor features upright design.June 18, 2015
Featuring 12 in. non-marking wheels and front lifting handle, PEX™ 500 is designed for loading or unloading by one person. Upright unit is equipped with dual, 3-stage 5.7 in. vacuums, in series; positive displacement pump adjustable from 50–500 psi; and 2,000 W heater that provides instant 212° water. Additional features include 12 gallon solution tank, 10 gallon recovery tank, and built-in wand caddy with retractable hose wrap and cord wraps. Read More
Portable Water Extractor uses dual 3-stage vacuums.May 11, 2015
Able to extract flood water from carpet and most any water-damaged facility, Flood King has top-mounted, dual 3-stage vacuums that allow unrestricted airflow and use just 13 A of power, which is especially suitable for flooded sites where power may be limited. Two diaphragm bilge pumps automatically remove waste water from 9-gallon recovery tank through standard ¾ in. garden hose at 10.5 gpm, eliminating need to stop and empty tank. Read More
Portable Carpet Extractors feature ergonomic design.June 11, 2014
Equipped with Low Moisture Environmental footprint reduction system, HydraPort Series utilizes 212° heated cleaning solution from inline heater for fast carpet and hard surface drying with minimal chemical usage. Transport handle facilitates movement and control, while additional handle on front side enables lifting, loading, and unloading. In addition, relocation of solution tank filling site ensures spills do not come in contact with electrical components. Read More
Hot-Water Carpet Extractors suit noise-sensitive environments.April 10, 2014
Featuring sealed vacuum system that muffles sound, HydraPort Series is part of Low Moisture Environmental Footprint Reduction System, which utilizes 212°F heated cleaning solution for fast carpet and hard-surface drying. Extractors feature 2 front panel roller wheels, oversized rubber grip rear wheels, and sloped recovery tank attached to disposal hose for complete emptying. Located away from solution tank, recessed electronic switch plate protects switches and minimizes water exposure. Read More
Portable Carpet Extractor heats to 212°F.November 13, 2013
Gold certified from Carpet and Rug Institute, Model PEX 500 is equipped with adjustable 50–500 psi pump, enabling it to clean delicate fabrics as well as most soiled carpets. In-line heater provides adjustable heat at 145 or 212°F. System also includes 12-gallon solution tank, 10-gallon recovery tank, and wand caddy for transport. With 12 in. non-marking wheels and upright dolly design, extractor can be loaded and unloaded by one person. Read More
Carpet Cleaner and Rinse has green-certified formula.January 11, 2013
Certified by Carpet and Rug Institute, Environmental Choice, and Envirodesic™, Environmental Carpet Cleaner (ECC) features chemical formulation that effectively turns soils and surface residue intro free-rinsing soaps for accelerated extraction. Product also converts alkali substances to acid, leaving neutral pH when surface is dry. Able to complement low-moisture carpet cleaning, solution works effectively using portable, self-contained, or truckmount systems. Read More
Carpet Wand features lightweight design.September 14, 2011
Featuring rotationally molded LLDPE head, Evolution Carpet Wand weighs just 6.5 lb, helping to minimize worker fatigue. Glide receiver and vacuum tube are made of aircraft aluminum and glide is Delrin® acetal. Specially fit to glide holder, glide provides airtight seal and is removable and replaceable. Solution line and fittings, made of stainless steel, withstand pressures up to 3,000 psi. Read More
Hot Water Carpet Extractor is designed for portability.June 13, 2011
CRI-certified PEX series has upright dolly design with roller handles to facilitate maneuvering and transport. For maintenance, hinged tank opens for full access to internal components. Wand caddy has retractable hose wrap, and rear wheels are sized to facilitate going up and down stairs. Available models include PEX 500 and PEX 200, which are adjustable from 50 to 500 and 200 psi, respectively. Read More
Portable Carpet Extractors feature open-pallet design.November 23, 2010
Featuring upright dolly design for one-person transport, PEX Series includes CRI Silver-certified 200 model with adjustable pressure from 50-200 psi and dual 2-stage vacuum motor, as well as CRI Gold-certified 500 providing 50-500 psi and dual 3-stage vacuum motor. Both units deliver on-demand 212°F heat and include sound-deadening system to minimize noise. To facilitate maintenance, front half of machines can be opened for access to all internal components. Read More
Wet/Dry Vacuum Cleaners are designed for motor vehicles.April 8, 2009
Including 20-gallon unit GWD 20 and 9-gallon machine GWD 9, compact wet/dry vacuum systems are designed for transport and maneuverability in and out of vehicles such as cars, RVs, buses, boats, and aircraft. Vacuum cleaners are powered by 2-stage 1.8 hp vacuum motor, and come standard with various hand tools and upright wand. Read More
Hot Water Extractors optimize carpet cleaning.April 3, 2009
Available in 4 models, Advantage Portable Hot-Water Extractors feature 3-stage vacuum motor that produces 137 in. of water lift. Three out of 4 systems produce 212° at wand tip. All include 13-gallon tank capacity for extended run-times with optional auto-fill/dump capabilities. Read More
Hot Water Extractors are available in 4 models.July 25, 2008
Advantage Series 100, 200, and 400 psi models come standard with instant 212°F inline heat systems, while 1,200 psi model has no heat, but comes standard with auto-fill/dump system. All models feature 13 gal solution tank, 3-stage vacuum, and large 12 in. wheels to facilitate maneuvering, loading, and transport. Read More
Carpet Cleaning Solution is safe for the environment.May 12, 2008
Suited for use with low-moisture portable carpet extractors, self-contained units, or truck-mount extractors, ECC (Environmental Carpet Cleaner) turns soils and contaminants into free-rinsing soaps that neutralize alkaline or acid residues and remove them from carpets and upholstery. Product cleans carpets and leaves them with a neutral pH. Read More
Walk-Behind Carpet Extractor protects worker health.April 8, 2008
Available with 18 in. cleaning path, self-contained Agitator 18 applies chemical to carpets, agitates chemical, applies fresh water to remove soil and chemical, and removes soiled water with vacuum system - all in one pass. EZ-pull ergonomic belt helps minimize back, elbow, and shoulder strain. Read More
Other Company News from
U.S. Products


text:
May 24, 2016
By: Eyewitness News
May 18, 2013
Today is the annual Roll-a-Thon. It is a benefit for the local chapter of the United Cerebral Palsy Foundation.
Participants ride bikes, skate, and roll in wheel chairs to raise money and awareness for cerebral palsy.
It was held today at the St. Marks Bike Trail in Tallahassee from 9 a.m. to 1 p.m.
Click Here to access the online Public Inspection File
Viewers with disabilities can get assistance accessing this station's FCC Public Inspection File by contacting the station with the information listed below. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, 888-835-5322 (TTY), or email@example.com.


text:
(0) items
Author(s): Sullivan, William G.; Bontadelli, James A.; Wicks, Elin M.; Degarmo, E. Paul
ISBN: 9780130115706 / Hardcover / 9/1/1999
Marketplace Disclaimer:
Edition, Cover Design, etc may vary from the eCampus.com description. Please refer to the seller's comments before ordering. Marketplace sellers are required to ship by the end of the 5th business day. Items are not returnable to eCampus.com. Orders cannot be cancelled by eCampus.com.


text:
Activists gather on the Museumplein in Amsterdam, The Netherlands for the 'To Russia with Love' concert and protest against the gala concert organised by the Russian state on the same square later the same day. Photo: AFP
Amsterdam: More than 1000 gay rights supporters have protested in Amsterdam, waving rainbow flags and chanting slogans criticising the Russian government's homosexuality policies.
Sunday's protest was organised in response to a concert featuring a Russian state orchestra and choir to be held on the same place, Museum Square, later in the evening.
Speakers at the protest, titled "To Russia With Love," included Amsterdam Mayor Eberhard van der Laan, who spoke of the city's longstanding tolerance for gay rights. Mr Van der Laan declined to meet with Russian President Vladimir Putin when he visited the Netherlands in March.
Protesters said their main focus is opposition to the law adopted by Russia's parliament in June making "propaganda of nontraditional sexual relations among minors" illegal.


text:
Providing a compatible chat solution shouldn't be complicated. Our open architecture allows you to integrate live chat with the most complex systems already existing in your organization as well as custom in-house software.
Data can be pushed directly from our servers to your email, CRM systems, knowledge-bases ticketing systems, shopping carts and e-commerce platforms for easy sharing. Our interfaces use standard XML-based web services to provide complete platform independence.
Our open API can be accessed through standard SOAP and RESTful interfaces. Velaro leverages the built-in capabilities of your web browser and can communicate with any third-party system using standard internet protocols.
Create leads, contacts and support cases, and save them to Salesforce directly from the live chat window. You can also archive chat transcripts, track IP addresses and search directly from the desktop agent for quick access to user information.
Going global is easy with Google Translate. Agents can speak one language while website visitors speak another, and Velaro will translate each message appropriately in real-time. Use Google Analytics tomonitor chat interactions, website traffic and marketing effectiveness.
Create forums for users to ask questions, submit ideas and post comments about products and services with Get Satisfaction. A search query determines if that question has already been answered; customers with new problems are instantly placed into a private chat session with a member of your support team.
Agents can resolve customer issues faster by searching, creating and saving support cases and archiving transcripts to Zendesk directly from the desktop agent.
Create leads, contacts and support cases, and save them to NetSuite directly from the live chat window. Archive chat transcripts, track visitor IP addresses and search directly form the desktop agent for continual, real-time access to customer information.
Create leads, contacts and support cases, and save them to SugarCRM directly from the Velaro chat window. Archive chat transcripts, track visitor IP addresses and search directly from the desktop agent for continual, real-time access to customer information.
Customizable with both commercial and in-house shopping cart applications, AspDotNetStorefront allows agents to chat with customers and pull CRM and customer shopping carts records together in one place. This integration is offered with an open API and custom application tabs.
Search and create records directly from the desktop agent in real time with Microsoft Dynamics. This critical CRM tool connects you with website visitors to help establish meaningful personal relationships with every customer.
Extend the Velaro desktop using simple, URL-based parameter setup to add new application tabs, display visitor information on custom web pages and pass website visitor information to the desktop. Our custom integration allows you to export chats directly into XML to be posted to an HTTP address.


text:
AIA Contract Documents
General Conditions of the Contract for Construction, Construction Manager as Adviser Edition
(with instructions)
AIA Document A232ľ2009 sets forth the rights, responsibilities, and relationships of the owner, contractor, construction manager and architect. A232ľ2009 is adopted by reference in owner/architect, owner/contractor, and owner/construction manager agreements in the CMa family of documents. Under A232ľ2009, the construction manager serves as an independent adviser to the owner, who enters into a contract with a general contractor or multiple contracts with prime trade contractors. NOTE: A201CMaľ1992 expires on December 31, 2010. (formerly A201CMaľ1992)
CAUTION: Do not use A232ľ2009 in combination with agreements where the construction manager takes on the role of constructor, such as in AIA Document A133ľ2009 or in A134ľ2009.
More in A Series | Back to AIA Contract Documents