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"QE's Are... Cake" - The Full Walkthru How Bond Traders Manipulate Daily POMO
It has gotten to the point where even we are amused how every "conspiracy theory" we suggest becomes proven fact in the span of a few years, usually involving criminality on behalf of at least one (usually more) perpetrator.
In today's most recent instance of "conspiracy theory" becomes "non-conspiracy" fact, we have the not so curious case of one Mark Stevenson, a former bond trader at Credit Suisse Group, who was fined 662,700 pounds ($1.1 million) and banned from working in the finance industry for "deliberately" manipulating a U.K. government bond price. Specifically, what Stevenson did, was to take advantage of the BOE's POMO auctions in 2011 to sell some 1.2 billion-pounds of existing gilt holdings which he had accumulated previously with the express intention of selling back to the BOE during a POMO operation at an artificially high price. All this was revealed as fact earlier today by the U.K. Financial Conduct Authority, the markets regulator.
How shocking. Who could have possibly predicted that banks would abuse POMO - that noble operation meant simply to provide banks with a means to sell paper without making abnormal profits on the back of the taxpayer (because all that debt that is being issued and monetized simply means that either there will be far less growth in the future, or inflation is set to surge - no other options) - to simply enrich themselves and a few select criminal traders.
Zero Hedge, that's who.
It was on January 11, 2011, months before Stevenson was engaged in this particular crime (in which he certainly is not alone in and where every single govvy and MBS trading desk has engaged in comparable price manipulation courtesy of POMO, with an intent and a means to sell at the highest possible price to Fed or any other central bank), when we explained precisely this:
While commenting on yesterday's NYT joke of a profile of the New York Fed POMO group, we openly mocked the claim by one Mr. Frost who said that when monetizing debt "We are looking to get the best price we can for the taxpayer." We politely suggested that this is a blatant, tendentious lie, and that in fact the New York Fed merely cares to gift the Primary Dealers with any price it can for their bonds just so it stays on their good side (think Primary Dealer Auction take down over 50%), and after all - it is only money that according to Steve Liesman appears out of thin air.
And... three years later we were shocked to learn we were right. Because the Stevenson case, described in clear, informative language, explains precisely how it is that Dealers took advantage of the BOE (and by extension continue to take advantage of the Fed's) POMO, where the central bank buys back bonds from the dealer community, with zero regard for its cost-basis during the POMO reverse auction segment, to generate abnormal profits for these same dealers.
What follows is a somewhat technical narrative released earlier today by the UK's Financial Conduct Authority, which explains precisely this. We recommend readers read it to understand precisely that the purpose of POMO is, in addition to loading up banks with reserves which can and in the case of JPM were used to corner risk markets as initial margin collatereal, is to provide bank traders with riskless profits. We certainly hope US regulators (yes, we are laughing too) read it as well, to understand just how US traders abuse the Fed's own POMO on a day to day basis. We know they won't because their rightful owners, the banks, will never allow this generous daily piggy bank spigot to ever be shut down.
Select excerpts from the FCA's final notice against Mark Stevenson (pdf)
Events from June 2011 to 9 October 2011
June 2011
Mr Stevenson's position in the Bond was first established on 14 June 2011. This was a purchase of £50 million from a sovereign wealth fund, an existing client of CSSEL. This was a typical client trade by CSSEL and one which was consistent with its obligation as a GEMM to provide market liquidity through client trading. Mr Stevenson dealt with the trade for CSSEL.
Two further acquisitions of the Bond (totalling £100 million) were made by CSSEL on 16 June 2011. These purchases were made by the GEMM side of the desk and were transferred to Mr Stevenson's proprietary book shortly after the acquisition.
1 July – 5 October 2011
Between 1 July and 5 October 2011, Mr Stevenson acquired further amounts of the Bond. Mr Stevenson had formed a view that the Bond was undervalued relative to other gilts and that it would be a good trading strategy to accumulate the Bond. Mr Stevenson believed there was considerable potential for the Bond to appreciate in value should further QE be introduced by the BOE. The first phase of QE had been halted in 2010 but Mr Stevenson agreed with some market commentators who felt that further QE was more likely than not.
On 29 September 2011, Mr Stevenson had a telephone conversation with Trader A, an acquaintance and employee of another GEMM. During the conversation, the following exchange took place in the context of QE:
STEVENSON: I mean I'll give you my sort of run down. So we're sort of thinking where the cusp could come, so obviously it could be 3 years and out but we're sort of fancy longs because 5 years and out is possible.
TRADER A: Yes.
STEVENSON: In which case 8 3 17 [i.e. the Bond] I mean they look off the dial-y cheap to me and who's … going to stop you putting them up.
TRADER A: Yeah yeah.
STEVENSON: I mean they're the same err you know same swap thing as 8 21 or are they were until 2 days ago until the basis went a bit bid.
TRADER A: Yes.
STEVENSON: And who's … going to stop them going 20 basis richer.
TRADER A: Yeah yeah.
STEVENSON: If [the BOE says its] buying them against the DMO's screen.
The "cusp" refers to the maturity bucket starting point for QE reverse auction eligibility – that is, whether gilts with a residual maturity of 3 years or 5 years will be the eligibility starting point for the QE program. "Buy[ing] them against the DMO screen" refers to the process the BOE uses to buy gilts offered to it during QE – that is, ranking the value of offers relative to the DMO mid-price for the relevant gilt. "Putting them up" refers to the Bond increasing in value. "Going 20 basis points richer" means decreasing the yield of the Bond by 20 basis points with the price of the Bond increasing or becoming "richer" by an equivalent amount.
Between 28 September and 5 October 2011, Mr Stevenson did not purchase the Bond. The Bond did not trade at all in the IDB market between 30 September and 5 October 2011. There was a significant level of trading in the Comparator Bonds in the period between 30 September and 5 October 2011 (£648,230,000 of UKT 1.75% 2017, £504,850,000 of UKT 5% 2018 and £581,300,000 of UKT 4% 2016 were traded in the IDB market), illustrating the Bond's relative illiquidity. Mr Stevenson did not buy more of the Bond because QE2 had not been announced and there was no certainty that it would be. Mr Stevenson's described his strategy as "…a trade idea for an event which might or might not occur." QE was therefore a key factor in his strategy to buy more of the Bond.
6 October 2011
At midday on Thursday 6 October 2011, the BOE announced that QE would be reintroduced on 10 October 2011. The market notice released by the BOE confirmed that the Bond was potentially eligible for inclusion in the QE2 operation on 10 October 2011. At 16:00 on 6 October 2011, the BOE issued a further market notice, which stated that certain gilts would be excluded where the BOE owned more than 70% of the free float (free float information is freely available to the market), consistent with the approach taken in QE1. The BOE did not own more than 70% of the Bond meaning that it was not excluded from, and was eligible for, QE2.
Mr Stevenson purchased an additional £31 million of the Bond through the IDB market on 6 October 2011 through switch trades with one of the Comparator Bonds, UKT 1.75% 2017.
7 October 2011
On Friday 7 October 2011, £29.3 million of the Bond was traded by other market participants through the IDB market. Mr Stevenson did not acquire any more of the Bond, although he did actively trade gilts on 7 October 2011.
During the day, Mr Stevenson took part in a telephone conversation with Broker A, a friend of Mr Stevenson and an agency broker. During the telephone conversation with Broker A, Mr Stevenson said "And we've been loading up with QE trades for months", and "QE's are … cake…". The Authority has concluded that Mr Stevenson was indicating his belief that QE was an opportunity to profit from selling gilts to the BOE.
Mr Stevenson received a telephone call on 7 October 2011 from Risk Management at CSSEL, who were calling in respect of a profit and loss spike on a book jointly held by Mr Stevenson and another trader. Mr Stevenson explained on the telephone to the Risk Management officer that:
"… I mean the MPC, the Bank of England has announced you know they're extending their asset purchase scheme yesterday, and you know we're preparing to… well we're buying some assets to sell to them, I mean basically that's what's going on."
In other words, Mr Stevenson stated that he had been acquiring assets and his intention was to buy more, for the express purpose of selling them onto the BOE as part of QE2.
10 October 2011
Monday 10 October 2011 was the first day of QE2. Between 14:15 and 14:45 GEMMs could submit offers to sell gilts to the BOE through its B-Tender electronic platform. Buying gilts on QE days can be more difficult than non-QE days because sellers of eligible gilts are fully aware that a large buyer (that is, the BOE) will enter the market at 14:15.
At 07:34, Mr Stevenson made enquiries to try to find out if CSSEL's client from whom the initial acquisition of the Bond had taken place in June 2011 had any further amounts of the Bond for sale. No indication was received that this was the case.
At 08:49, Mr Stevenson contacted a broker at IDB A and asked for the yield spread between the Bond and UKT 1.75% 2017. Mr Stevenson also told the broker at IDB A that he was a buyer of the Bond.
Between 09:00 and 14:30, Mr Stevenson bought a total of £331.1 million of the Bond through the IDB market. This was 2,700% of the Bond's average daily trading value for the period from June to October 2011 and represented 92% of the purchases of the Bond in the IDB market that day. He purchased the Bond outright and through switch trades as follows:
(a) £57 million by buying the Bond outright at progressively higher prices;
(b) £254.1 million by buying the Bond and selling UKT 5% 2018 at an increasingly more expensive spread (that is, he paid increasingly more to acquire the Bond whilst selling UKT 5% 2018);
(c) £20 million by buying the Bond and selling UKT 1.75% 2017 at an increasingly more expensive spread (that is, he paid increasingly more to acquire the Bond whilst selling UKT 1.75% 2017).
The table at Appendix 1 sets out details of Mr Stevenson's trading in the Bond on 10 October 2011. Mr Stevenson had never previously traded the Bond in such significant volumes in a single day.
At 09:07, Mr Stevenson received a telephone call from Trader A, who was calling to speak to one of Mr Stevenson's work colleagues. Mr Stevenson and Trader A initially discussed trading generally and then discussed trading with respect to QE. Towards the end of the conversation, the following exchange took place:
STEVENSON: Well we're thinking about sort of doing something today but erm…
TRADER A: I think you should just offer way up.
STEVENSON: Well, it depends if you get it way up before, or offer way up.
TRADER A: Yeah [laughs].
STEVENSON: [Laughs]. If you see what I mean.
The Authority has concluded that:
(a) "Doing something today" means making an offer into the QE reverse auction.
(b) "Offer way up" means offering gilts to the BOE at a high price.
(c) "Get it way up before" means moving the price of a gilt higher ahead of the reverse auction.
Buying the Bond outright
Mr Stevenson bought £57 million of the Bond outright in a series of 7 trades between 09:44 and 13:58 as set out in the table at Appendix 1. The increasing price at which Mr Stevenson was prepared to acquire the Bond on an outright basis can be contrasted with the gilt futures price, described by brokers at the time as trading at "a new low". It can also be contrasted with the increasing yield (and decreasing price) of the Comparator Bonds on 10 October 2011 as set out in Chart 1.
Buying the Bond through switch trades
Trading the Bond vs UKT 5% 2018
Mr Stevenson bought £254.1 million of the Bond on a switch basis against the UKT 5% 2018. These purchases took place in a series of 12 transactions between 10:26 and 14:27 and occurred at a yield spread of between -22 and -28.5 basis points. The most expensive purchase of the Bond by Mr Stevenson at -28.5 basis points at 14:01 and 14:13 represented a richening in the yield spread of the Bond against the UKT 5% 2018 of 10.5 basis points compared to his initial bid of -18 at 09:47.
Through this period of trading, Mr Stevenson consistently improved the level at which he was bidding for the Bond. The effect of this was to increase the price of the Bond relative to that of UKT 5% 2018 (and the other Comparator Bonds).
There was a pattern to Mr Stevenson's trading whereby he bought and then increased his bid within a short time frame. For example:
(a) At 12:17 he lifted an offer at -25 and he then immediately bid at -25.5.
(b) At 12:20 his bid at -25.5 was hit and he then immediately bid at -26.
(c) Between 12:23 and 12:31 his bid at -26 was hit four times and at 12.42 he bid at -26.5.
(d) At 12:51 he lifted an offer at -26.75 and then immediately bid at -27.
This style of trading, buying at one level and immediately rebidding at a higher level is known amongst traders as "facing". It is called this because the trading is "in your face" and is unusual in circumstances where the wider market is not moving in the same direction, because it is usually unnecessary to trade very aggressively if buying in a market where prices are generally falling. On 10 October 2011, the wider gilt market was moving in the opposite direction to the Bond and losing value and therefore the aggressive trading undertaken by Mr Stevenson was unlikely to have been necessary.
Mr Stevenson was the only market participant who provided bids in this switch to IDB B on this day and he will have been aware of the absence of other bidders throughout the day through his interaction with the IDBs.
As the day progressed and the level of the Bond's outperformance increased, it became apparent that some sellers were beginning to enter the market. For example, the broker at IDB B noted to Mr Stevenson that the seller with whom he traded at 12:20 was a different counterparty from the one who sold to him at 12:17. Despite this, Mr Stevenson continued to offer to pay increasingly more for the Bond.
Between 12:23 and 12:31 Mr Stevenson's bid at -26 was hit by four different counterparties resulting in Mr Stevenson buying £58.4 million of the Bond. Mr Stevenson continued to bid at -26 and then improved his bid at 12:42 to -26.5.
From around 13:45, additional sellers began to enter the market and a number of offers began to be made by other participants. Mr Stevenson's bids were hit 3 times at -28.5 (at 13:45, 14:01 and 14:13) and his bid at -28 was also hit (at 14:16).
Mr Stevenson's activity in the IDB market after the BOE reverse auction had commenced at 14:15 is particularly significant and the continued activity in the market informed the DMO mid-price which in turn informed the price of offers made to the BOE. In the 15 minutes between 14:15 and 14:30, Mr Stevenson purchased £56.7 million of the Bond on a switch basis against the UKT 5% 2018.
Trading the Bond vs UKT 1.75% 2017
At 09:00, a broker from IDB A noted in response to a request from Mr Stevenson that there had been a move in the yield spread between the Bond and the UKT 1.75% 2017 (from +10 to +9.5) which reflected a broader movement in the market, that is, a flattening in the yield curve.
As the morning progressed, the Bond outperformed the UKT 1.75% 2017 such that the relationship between the two yields changed significantly. From approximately midday, the yield of the Bond became lower than that of the UKT 1.75% 2017. Thereafter, Mr Stevenson was prepared to buy the Bond against selling the UKT 1.75% 2017 and drop a negative yield rather than pick-up a positive yield, meaning that Mr Stevenson was effectively paying for the trade rather than receiving payment as he would have done earlier in the day.
Between 14:23 and 14:30, Mr Stevenson bought £20 million of the Bond on a switch basis against the UKT 1.75% 2017. These purchases took place in a series of 4 individual purchases and occurred at a yield spread of between -2 and -3 basis points. The average yield spread at which Mr Stevenson bought the Bond through this switch was -2.63 which represented a richening in the yield spread of the Bond against the UKT 1.75% 2017 of 11.63 basis points in comparison to the initial bid of +9 that he placed at 09:01. The most expensive purchase of the Bond by Mr Stevenson at -3 basis points represented a richening in the yield spread between the Bond and the UKT 1.75% 2017 of 12 basis points from the initial bid.
The impact of Mr Stevenson's trading
The three charts below demonstrate the significant impact Mr Stevenson's trading had on the Bond's yield and yield spread relative to other comparable bonds. For example:
(a) Chart 1 shows the Bond outperforming all Comparator Bonds on 10 October 2011. From around 09:20, the Bond's yield decreases (reflecting a price increase) as the yield of all other Comparator Bonds increase (reflecting a price decrease). The yield spread between the Bond and the Comparator Bonds is at its widest at around 14:30. Following this, Mr Stevenson leaves the IDB market and ceases bidding for or trading the Bond. By approximately 15:30, the Bond's yield movement had fallen in line with each of the other Comparator Bonds, completely reversing its earlier outperformance.
(b) Chart 2 shows the movement in the yield of the Bond (UKT 8 3 17) and the UKT 1.75% 2017 (UKT 1 75 17) and the movement of the spread between the Bond and UKT 1.75% 2017 (17/17s Yield Spread) on 10 October 2011. The yield spread moves from approximately -9 to +3 between the times Mr Stevenson placed his first bid (09:01) and when he executed his last trade (14:30).
(c) Similarly, Chart 3 shows the movement in the yield of the Bond (UKT 8 3 17) and the UKT 5% 2018 (UKT 5 18) and the movement of the spread between them on 10 October 2011. The yield spread can be seen dropping throughout the day until around 14:30, at which time it begins to increase, until approximately 15:30 when it stabilises.
Offers submitted by Mr Stevenson to the Bank of England
The QE2 reverse auction ran from 14:15 to 14:45 on 10 October 2011. During this period, the GEMMs were able to submit offers to sell gilts through the BOE's B-Tender system during the auction period. Mr Stevenson was responsible for placing the offers in the Bond on behalf of CSSEL to the BOE.
Mr Stevenson submitted a number of offers through the B-Tender system during this time. Each offer superseded the previous one and only offers in the system as at 14:45 could be accepted by the BOE. As shown in the table below, the quantity of the Bond offered by Mr Stevenson increased from £800 million to £850 million and the price at which Mr Stevenson offered the Bond decreased during the auction.
Bond offers submitted by Mr Stevenson to the BOE on 10 October 2011
The size of Mr Stevenson's offer of the Bond into the QE2 reverse auction on 10 October 2011 was larger than all of the other offers in the Bond on 10 October 2011 combined and represented two-thirds of the value of the Bond offered to the BOE on 10 October 2011 and the total consideration payable by the BOE to CSSEL (had the offer been accepted by the BOE) would have been 70% of the amount (£1.7 billion) it had allocated to the reverse auction on 10 October 2011.
Events following submission of the offer
At 14:56, the BOE announced the "Asset Purchase Facility gilt purchase operation results" which included the following statement:
"The Bank has decided to reject all offers against UKT_8.75_250817 following significant changes in its yield in the run up to the auction."
The Bank therefore decided to reject all offers in the Bond – the only time that the BOE has ever taken such a step.
Shortly afterwards, the BOE contacted CSSEL. In a telephone conversation between senior representatives of the BOE and CSSEL, the BOE explained that it believed that the Bond had been traded in such a way so as to increase its price in order to sell it to the BOE at a distorted level, and that someone would contact the relevant trading desk at CSSEL to further investigate.
The BOE was concerned that the Bond was being offered to it at an inflated level, such that there would have been an additional, unacceptable cost to the taxpayer in buying at that level. The BOE therefore rejected all offers in the Bond.
The market's view of the trading
Several gilt market participants commented on the Bond's significant outperformance on 10 October 2011.
By 09:39 (38 minutes after Mr Stevenson began trading in the Bond), a market participant had telephoned the BOE regarding the Bond's outperformance. Several other market participants telephoned the BOE throughout the day, suggesting that the Bond had been "squeezed", "rammed", and that someone "was messing around with" it. One market participant said he could see no reason for the significant trading in the Bond on 10 October 2011 other than deliberately pushing the price higher in order to sell to the BOE later in the day.
Some market participants declined to trade the Bond with clients on 10 October 2011, with one indicating that he would be prepared to do so only at the previous trading day's closing price in view of the unusual price movements. Other market participants commented on the scale of the outperformance.
Mr Stevenson's explanation for the trading
Mr Stevenson has stated that he bought the Bond on 10 October 2011 because he believed it was cheap and not with the definite intention of offering to sell it to the BOE later that day. He stated that he traded the Bond throughout the day on 10 October 2011 in an open and transparent manner. He said that he continued to purchase the Bond until it reached what he believed was its fair value. He said that once the Bond reached what he believed was its fair value, he was entitled to offer it into the reverse auction.
Mr Stevenson said that one reason for offering the Bond into the QE reverse auction on 10 October 2011 was in order to rebalance the trading book. He said that the Bond was offered because it had reached what he believed was its fair value, but that he could have offered a number of other gilts instead.
The Authority's findings about Mr Stevenson's trading in the Bond
The Authority has reached the view that Mr Stevenson made the decision to purchase the Bond with a view to offering it to the BOE in the auction. He was aware that his trading in the Bond on 10 October 2011 would not only increase CSSEL's holding in the Bond but also increase its price. This was done in order to increase the return for CSSEL if its bid in the auction was accepted by the BOE.
The Authority has concluded that Mr Stevenson had formed an intention to offer the Bond into the next round of QE before 10 October 2011. He had an opportunity to buy more of the Bond before 10 October 2011 (both before and after QE2 was announced on 6 October 2011) but instead chose to buy an extremely large quantity on 10 October 2011 (92% of the value traded in the Bond through the IDBs and 2,700% of the Bond's 5 month daily average volume, the only time he has traded the Bond in this volume).
Mr Stevenson's trading in the Bond on 10 October 2011 had a significant effect on the price of the Bond, something Mr Stevenson would have been aware of at the time yet he continued to buy the Bond aggressively throughout the day. The comments made during the day by other market participants indicate how remarkable the movements in the Bond's price and yield were compared to the Comparator Bonds during the day. The Authority has concluded that Mr Stevenson's trading was designed to move the price of the Bond on 10 October 2011 and that he was not simply trying to acquire more of a bond that he perceived as being cheap.
Having considered these factors, the Authority has concluded that Mr Stevenson's conduct is at level 5 in terms of seriousness and therefore, the percentage of relevant income for step 2 is 40 %. This amounts to £946,800. As this amount is larger than £100,000, the step 2 figure is £946,800.
The Authority therefore imposes a total financial penalty of £662,700 on Mark Stevenson for market abuse.
The Authority considers that Mr Stevenson deliberately acted to increase the price of the Bond on 10 October 2011 and considers that this amounted to deliberate market abuse. His behaviour is particularly egregious as it took place on the first day of QE2 and effectively sought to deprive the economy from QE's full effect in order to maximise the potential profit from selling the Bond to the BOE in the QE2 reverse auction. The Authority considers that, as a result of this behaviour, Mr Stevenson lacks fitness and propriety in terms of his integrity.
The Authority therefore makes a prohibition order pursuant to section 56 of the Act prohibiting Mr Stevenson from performing any function in relation to any regulated activity carried on by any authorised or exempt person or exempt professional firm. This order takes effect from 20 March 2014.
That's ok - we are confident Mr. Stevenson will live comfortably for the rest of his life away from trading, with the millions of bonuses he has collected during his tenure trading bonds in a fair and honest manner.
As for everyone else, now that you know how POMO manipulation is done, keep doing it.
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I'm not reading all of this. Someone give me the executive summary.
I'd like to take some of these bond traders climbing with me sometime, that would be fun..............
Yes in my favorite line from one of my favorite books, Annals of the Former World - http://en.wikipedia.org/wiki/Annals_of_the_Former_World -
there are some people in this world that "just need killin' "
Unbelievable that the Fed members can facilitate such rape of the citizenry with a straight face. Well I guess they are all professors and such, so... ride on vigilantes, bring on the Vehm or the Regulators here here
Since when is buying and selling bonds with the intent of making a risk-free profit "illegal?"
To me, the only fraud occuring are the POMO's themselves.
Indeed. What's the relevant law or regulation here?
Full kudos to Zero Hedge for calling this front-running scam, but Professor Fekete beat their call by about 10 years.
This is THE scam that keeps the USG bond market (and all other sovereign markets) rolling.
I expect that's why we're seeing one trader being targeted rather than a full industry-wide investigation like LIBOR and gold price fixing.
I wanted to ask the same.
He did not commit circular buying (one party sells to the other and vice versa and each one bids more), he just bought in a manner to bid up the price - and he frontrun the BoE.
Why is he hung, if everyone can see on every bondchart, that the ANNOUNCEMENT of QE already pushed rates down?! This was frontrunning of bond traders all over the world.
Aren't free markets supposed to work that way? Buying low in anticipation of selling high? And if a central bank announces PRIOR it will enter the market, what else is expected?
The only criminal activity I see, is that the central banks were encouraging the frontrunning by ANNOUNCING their purchases prior.
Some guy named Stevensen must have screwed up and annoyed TPTB becuase he was slammed for front-running which virtually every single big bank bond trader was also doing.
Either that or they needed to toss somebody under the bus for appearances sake and he became that guy.
One of those two things.
Excecutive summary...take it and like it.
When do ppl say enough and go postal on these bankers and crook?
Once American Idol, Dancing With The Stars, or Keeping Up With The Kardashians gets canceled, all bets are off.
If they are cancelled, then for other circus games. Next stage of anesthetization will be 3D-virtual-reality glasses.
It only will get worse. Much worse.
The people are too busy talking about that evil Putin and how he is postioning himself to take over the world if we don't do something about it.
Mob Justice is really the only effective justice...
Batman or Daredevil does the job by themselves...
Turf war with the Rothschilds; good luck. Now when ae we going to see a play-by-play for Corzine's transactions and communications.
No justice like it!
It must help their Public relations or they would not do it...TBTF banks are only doing this for our benefit..to keep rates down on credit cards and mortages....and bank fees..think how high they would be if they did not do this....Sarc On...bigtime....its now legal theft.....just give a few hundred thousand to a politician..and you are safe forever...
You mean that the primary dealers have been front running the fed and enjoying risk free profits on the bonds they purchase from bond auctions?
Too bad we can't really audit the fed or we might put to rest our suspicions that the PDs use the bonds they are GOING to buy as collateral for the federal reserve credit they use to purchase the bonds at auction.
Gee we might all find out the fed has engineered a 40 year declining interest rate structure to enrich the PDs.
How about JAIL time for this clown?
>>There was a pattern to Mr Stevenson's trading whereby he bought and then increased his bid within a short time frame. For example:
(a) At 12:17 he lifted an offer at -25 and he then immediately bid at -25.5.
Does this work differently than other markets, because a -25.5 bid should be lower than -25?
"QE's are … cake…"
And eat them, too.
Just remember Bershire/Buffet - if I'm not mistaken from what I read 5 years ago (nothing now), Berkshire has $tens of Billion in put options written on specifically the S&P with the bulk expiriing in 2015.
Now you know where his famous expression "Weapons of Mass Financial Destruction" came from, why he is a fucking Whore, and why the S&P has to be Bought at all Cost.
I do wish Tyler would look into that scam correlation/causation.
I suppose you could call this technique "LFT", in addition to the existing term "facing".
This is bulllllshiite. I don't know the laws in the UK, but here, setting up for a coupon or bill pass is a normal fact of life. If some idiot trader buys to many of the issue and causes it to be "expensive", then the Fed may pass on his offering and then he's screwed. I don't see what the issue is. It's the job of the dealers to participate with the Fed.
Don't get me wrong, the entire existence of the Fed is unconstitutional, but to blame a trader for participating is crazy. Shut down the whole systme instead. Now that would make sense.
Btw, the article confuses "bank" with "dealer" again.


text:
Lot 49 View Catalog
FINE CHINA DOLL WITH MOLDED BONNET. 15". Porcelain shoulderhead with molded golden bonnet with white ruffle inside the brim and wide blue ribbon which ties under the chin, painted blonde hair with bangs, painted features, shaded blue eyes, red and black lid lines, tapered brows, plump cheeks, cloth body with porcelain lower limbs, white cotton dress. Commentary: Very nice bonnet doll having finest quality porcelain and decoration, cloth body replaced, limbs original.
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Your maximum bid will remain private.

subset: commoncrawl


text:
I was just looking through some images of Emirates' brand spanking new Airbus A380, after some sifting through Google images I stumbled upon this image which shows a secret room below the stairs which lead to the upper deck of the aircraft. Does anyone know what it is, what its used for or whats in there?
(Image is not mine, taken off Google Images)
Please check your spelling (press "Check Spelling" above)
©Copyright 2016 Demand Media, Inc. All Rights Reserved


text:
Wow, very nice. Post some performance numbers when you can. How much fuel will she carry and where are your tanks. Excellent paint job.
Posted 27 June 2013 - 07:42 AM
Posted 27 June 2013 - 09:33 AM
She carries 2 30 gal. tanks in the belly, first trip last night was over proped, engine only turned 4800 RPM was running 42 MPH, wil post more pix & info. later
Posted 27 June 2013 - 10:58 AM
Which compartments are your fuel tanks in. Did you use the aft most compartment, just forward of the aft bulkhead. Or did you put a tank in the one just forward of the console. Wondering just where I should put mine.
Posted 27 June 2013 - 03:21 PM
Is that an Evenrude Etec on her? If so, I would be interested in why you chose that engine. I am still debating which engine to get for my Marissa 'Salty'. That is assuming I ever finish her.
Marissa 18 'Salty' (launched Nov 2013))
CS 17 Hull#78 "Lively" (launched May 2007)
Marples 3Meter Constant Camber Tri "Bananas"
17'6" Pigmy Coho kayak
16' Redwood Stripper Canoe
Posted 27 June 2013 - 05:50 PM
The aft comparment is a insulated fish box, the compartment in front of it lies a 30 gal tank sitting on top of that is another tank nup into console, its a 175 Johnson I just had it, so thats why I used it, I will see if I can find pix of Tanks
Posted 05 November 2013 - 06:26 AM
Posted 07 November 2013 - 07:24 PM
Posted 26 November 2013 - 06:58 AM
have not changed prop yet, really no need to she crusies very nice like it is, bumpers just liked the way it look without them, may add teak later
Posted 27 November 2013 - 03:00 PM
If you dock or slip much, you'll miss the intermediates. Pack along plenty of poly bumpers...
Posted 28 November 2013 - 06:03 AM
Dale.boat building is much like laying brick for a brick house, one piece at a time. Pretty soon it will be done.
[Frank if you are reading this, the quote feature is not working, at least for me.]
Posted 05 May 2014 - 05:42 PM
50 MPH viewattachment-5.jpg 98.35KB 12 downloads
Posted 05 May 2014 - 07:30 PM
Your boat turned out looking great!! The black bottom paint looks good on there. Do you have any pictures of your console area?
Running 50 that's awesome!!!!
So far are you pleased with the performance of the boat? Handling and so on....
Take care
Posted 27 May 2014 - 08:09 AM
Any more pictures of her finished? Looks great!
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Marathon Running
MALIBU—Running is the one time I am able to shut off my mind and let my body take over. Life suddenly becomes simple. My body speaks and I listen. "Drink!" it shouts and I drink. "Eat!" it screams and I eat. "Danger!" it senses and my legs pick up speed to pass the barking dog. "Shade!" it orders and I run to the other side of the street into the shade. My body is more intelligent than I give it credit. Ever since taking up running, it is the first time I have been forced to truly listen to my body. In a way, I become like an animal as the only thoughts that enter my mind are instinctual. Before you flip the switch to shut off your mind and follow your instincts, however, you must understand the ground rules for proper nutrition and hydration.
Part of marathon training is figuring out what your body likes to eat before, during and after your long run. The majority of runners prefer pasta the night before the race. It's easy to digest and provides plenty of energy for the following day. Bernard Lagat, 2007 World Outdoor 1,500m and 5,000m champion, eats a massive steak the night before he races. Find out what works for you and stick with it. The night before the race isn't the time to try any new or exotic foods.
During the race, you want to be able to listen to your entire body, not just your stomach. To give you an extra kick and stave off muscle fatigue, you should also eat something during the marathon. Oranges and pretzels are common as well as electrolyte gels. The Malibu Marathon course will provide Lava Gel at mile 17 and 21. Lava Gel has 100 percent natural energizing nutrients and is a favorite of endurance athletes throughout the world.
Calculating how many ounces you need to drink and when while factoring the temperature and how much you are sweating can be exhausting! All the studies about this subject seem to boil down to one simple solution: drink when you are thirsty. Do not over think this part of training. If you are thirsty, drink. If you aren't thirsty, don't feel compelled to drink. Again, check in with your body; if your urine is very pale yellow, you're in good shape, if not drink, more! Drinking water the day before the marathon and the morning of the marathon will help you stay hydrated. Make sure to drink both water and electrolytes during the race. Electrolytes are important as they replenish the body and help you retain more fluids than plain water. The Malibu Marathon course will provide Zico Pure Coconut Water as the electrolyte throughout the course. ZICO is 100 percent pure coconut water with five electrolytes and more potassium than a banana. We recommend you to try these products before the race to make sure your body enjoys them.
Now that you know these basic facts, you will be able to flip the switch, run like an animal and let your body do all the work until you cross the finish line.
© Copyright 2007 by canyon-news.com


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Wild on Cam review (full review)
This site is kind of a two-fer here. You have 10 live shows a week that you know you can now enjoy to its fullest without paying extra so there's that. You also get all the archived stuff and quality stills as well so its like a normal paysite in that respect. And let's not forget all the free bonus sites you get which was a total surprise. Live cam fans can consider this an affordable way to enjoy unlimited show for sure, or just join for the damn good porn. Visit Wild on Cam


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History: Legends of War Patton Tips Problems Help Tricks Hints Cheats Strategy Guide
Got questions and/or advice? Post tips, tricks, achievements, trophies, FAQ, hints, help, cheat codes and strategy guides for History: Legends of War Patton for PC, Sony PS3 and Xbox 360. Registration not required. Guest posting allowed.
Re: History: Legends of War Patton Tips Problems Help Tricks Hints Cheats Strategy Gu
Servers don't have trophies for game yet. Keep getting error 80022D68 & I have half the trophies already. Unfortunately, they don't sync to my player card. Great game but this is very frustrating. For reference, I'm running the 500Gb PS3 Slim. Very unprofessional on Sony's part (imo).
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As always, some great papers. So far I have particularly enjoyed seeing Jennifer Myers discussing the Federal Theater Project's depression-era Swing Mikado, Todd Decker's paper on how music was described in the scripts for Fred Austaire movies, Dan Blim on Balanchine's jazz ballets choreographed for the 1936 Rodgers and Hart musical On Your Toes, and Glenda Goodman's fascinating look at concerts held in Philadelphia in the 1790s as a benefit for French refugees both from the Revolution and from Haiti.
I also greatly enjoyed my own panel session this morning. It was an unusually coherent panel, with a lot of intersections between the various topics. I particularly enjoyed Leanne Wood's look at the marketing campaign for the 1962 film version of The Music Man. Her paper reminded me I never reviewed here the production of that show I saw at the Oregon Shakespeare Festival last year, so make me do that! Keith Hatschek and Jennifer DeLapp-Birkett's papers on, respectively, Dave Brubeck's tours to Cold War-era Poland and HUAC, FBI, and State Department investigations of Aaron Copland, were both masterly in their exercise of archival research; I have a lot to learn from them.
Now, the big thing that took up my Thursday afternoon was attending the first of the new seminar sessions. As both Rebecca and Drew note, this is a new format that has those involved to distribute the papers electronically well in advance, with the idea being that the audience would have read the papers, and the two hour time slot can then be devoted to discussing their work in detail. This format can, I promise, work well; other scholarly societies regularly use it.
The seminar I attended did not, to be blunt, work very well. The papers, including those by both Rebecca and Drew, were great, and the audience was clearly enthusiastic. And yet conversation clumped around some fairly mundane details brought up by only one of the papers, with no engagement with broader intellectual issues that might have tied the essays together. The individual parts were by far much greater than their sum. That sounds harsh, and obviously the main issue is that the format is new and untested. Since I have no vested interest in this particular seminar (I didn't apply, so there's no hard feelings or anything) I thought I would bite the bullet and offer some suggestions for next year. Not that anybody asked, but I think it the new format is a great idea and hope the society will keep tinkering with it.
- It's crucial that everyone attending have read the papers. This means finding the papers online needs to be easier (I knew about them and know how to use the web, but still had trouble figuring out how to get them.) And I think frankly that it means being a bit of a hard-ass, and telling those who drop by without having read the papers that they can observe, but not participate. If that means much smaller attendance, so be it. Maybe you should have to register separately to attend the seminar.
- Those participating need to view it as, well, a seminar. I don't mean the authors, but all of us who showed up to talk. We were all in graduate school once; we know that successful seminars require having done the readings, but also taking steps to enable dialogue. That means listening as much as talking, it means taking arguments in good faith, and it means paying attention to the ebb and flow of conversation so that multiple voices can have their turn. Obviously this is hard to maintain in a graduate seminar, let alone with a bunch of senior scholars. But it should be the ideal we aim for. Some of that is up to the moderator, but he or she can only do so much.
- Different physical space could be useful. This seminar was held in one of the larger meeting rooms, and the moderator was right to try to get everyone to sit in a circle. But why not hold it in a conference room around a table?
My completely-unsolicited two cents. As I say, I think it is great to be experimenting with this format; it says good things about the Society that it is willing to try new ideas. ahemAMSahem.


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May 25, 2016
In the mid afternoon of election day, November 6, 2012 a structure fire was reported to Madison County 911 Center.
Units arriving at 123 Lee School Avenue in the town of Lee found a home with flames and smoke pouring out. This was the fourth structure fire in Madison County since October 19, 2012 with a fire in downtown Greenville.
On October 23 there was a building fire on Sundown Creek Road south of I-10 and on Sunday, November 4 a home burned on Happy Drive in the city of Madison.
The State Fire Marshall has been called to each of these incidents. Responding to the fire today was Lee Fire/Rescue, Pinetta Fire/Rescue, Madison Fire/Rescue, Madison County Emergency Medical Services and the Madison County Sherrif''s Office.
In addition to the Fire Marshall the Red Cross is responding to today's blaze to assist the residents. No injuries were reported.
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 firstname.lastname@example.com.


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Jim Henson's Jack and the Beanstalk: The Real Story
Home > Television > J > Jim Henson's Jack and the Beanstalk: The Real Story
Matthew Modine
Vanessa Redgrave
Mia Sara
Daryl Hannah
All Cast & Crew >>
Summary:Contemporary retelling of the classic fairy tale, Jack and the Beanstalk, with a revelation: the original Jack was perhaps the greatest thief of all time. He stole the golden goose and the singing harp from giant Blundermore Thunderdell then chopped down the beanstalk, sending Thunderdell to his death. Now his great, great, great grandson must go back up the beanstalk to right the centuries of wrongs that have been committed by his family.
Modern-day Jack Robinson is a rich, privileged young man whose biggest worry is that none of the men in his family have lived beyond their 40s. Jack's father's company, which was founded generations before, is now run by his Uncle Siggy, who wants Jack t... Full Summary >>


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The #Jets announced they've signed WR Jacoby Ford
CSN Bay Area "Jacoby Ford has so much potential. Realizing it has been another matter. We hear a lot about 2010, when he scored three touchdowns as a kickoff returner and two more a receiver. Those were the good old days, when Raider Nation swooned. It seems so long ago now, when you're watching a No. 4..." October 27
Contra Costa Times "Prosecutors have decided not to file any charges against Raiders wide receiver Jacoby Ford after he was arrested on suspicion of driving while intoxicated last month, officials said Wednesday. Ford, 25, was arrested March 14 at 5th and Union streets in Oakland after California Highway Patrol..." April 12
San Francisco Chronicle "It might not seem like much, but Raiders receiver Jacoby Ford put on cleats last week for the first time since August. "I was extremely excited," Ford said. "Extremely." Ford missed all of last season when a sprained foot turned out to be a much more serious Lisfranc injury and he needed surgery..." March 08


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So I went and saw Clash of the Titans the other day (terrible), and it sparked a childhood fascination I had. In 7th grade my whole literature class it seems revolved around Greek Mythology, and I ate it up.
So I was wondering if any of you know of a good book that tells all the tales and explains everything of Greek mythology from the beginning and throughout?? Pros/cons of the books? I think there's a sub-forum for books, but this seems slightly more vague, so I thought I'd check the all-knowing foo... Gracias..


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Feb 28
Disturbingly AppropriateUncategorized
Just when you've thought that you've seen it all, someone takes it up a notch.
hiphandmaids – seller at Etsy – the buying/selling ground for all things handmade, takes their best shot at the soon to be released Apple iPad (http://www.infosyncworld.com/news/n/10772.html), by producing the iMaxi, protective cover for the iPad.
The iMaxi comes in white or red. (Insert cringe here.) The listed price for this phenomon is $40 USD, but YOU can have it before March 30 for $30 USD.
Happy buying!


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Prosody Modeling of Mandarin Speech and its Applications
This presentation gives an overview of the recent studies on Mandarin-speech prosody modeling conducted in the Speech Processing Lab of NCTU. First, a prosody labeling and modeling method to automatically construct a hierarchical prosodic model (HPM) of Mandarin speech from a prosody-unlabeled speech corpus is discussed. Then, the method is extended to further consider the influences of speaking rate on both acoustic-prosodic features and HPM parameters. Last, three applications are introduced. One is a study to use the HPM to assist in Mandarin speech recognition. Another is the use of the HPM in Mandarin prosody coding. The other is the application to break prediction for Mandarin text-to-speech.


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Images: A prayer for the fallen [Image 12 of 12]
Photo by Sgt. Michael Selvage
Capt. Chaplain James Brown, a Phoenix, Arizona native, 419th CSSB chaplain said a prayer for the Families, friends and Soldiers who served with the fallen heroes, Staff Sgt. Daniel A. Rodriguez, 28, a Baltimore, Maryland native and Sgt. Jose J. Reyes, 24, a San Lorenzo, Puerto Rico native. Both NCOs died July 18, 2012 in Ghazni City, Afghanistan, when their vehicle struck a road side bomb. The ceremony was not intended to be a memorial service but a way to celebrate the lives of the two NCOs. (Photo by Sgt. Michael K. Selvage, 10th Sustainment Brigade Public Affairs NCO)(Released)
This work, A prayer for the fallen [Image 1 of 12], by SSG Michael Selvage, identified by DVIDS, is free of known copyright restrictions under U.S. copyright law.
Date Taken:07.18.2014
Date Posted:07.19.2014 10:56
Photo ID:1454483
Size:4.94 MB
Location:BAGRAM AIR FIELD, AF
Hometown:SAN LORENZO, PR
Hometown:BALTIMORE, MD, US
Hometown:DOVER, DE, US
Hometown:FLETCHER, OK, US
Hometown:PHOENIX, AZ, US
Hometown:SYRACUSE, NY, US
Gallery Images
Associated News
Remembering fallen comrades with a celebration of life ceremony


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Mayor Highlights Menifee's Progress in State of City Address
Scott Mann, the first elected mayor in Menifee's five-year history since its 2008 incorporation...
Scott Mann, the first elected mayor in Menifee's five-year history since its 2008 incorporation, praised his city council and staff for a productive cooperative effort and outlined the city's potential in his State of the City address today.
Mann addressed a crowd of more than 150 guests at Menifee Lakes Country Club in an event sponsored by the City of Menifee and Menifee Valley Chamber of Commerce.
"Your city is thinking strategically, we're planning with the future in mind, and objectives are aligned with policy goals," Mann told the audience. "We are undertaking activities today that will produce a higher quality of life tomorrow."
A member of Menifee's original city council in 2008, Mann was re-elected to the council as the city's mayor last fall. Working with new council member Greg August and returning council members Wallace Edgerton, John Denver and Tom Furhman, Mann said one of his primary goals has been to foster an environment of cooperation and proactivity among council and staff members.
While acknowledging public frustration over the many challenges facing a growing city of 82,000, Mann painted a picture of hope and prosperity, based on "strategic planning" that includes:
-- The creation of ad hoc committees ranging from such broad topics as economic development and public safety to more specific topics, such as the new regional aquatic center in Perris and a city ordinance regarding metal storage containers.
-- A five-year Capital Improvement project, discussed in Tuesday night's city council meeting, which includes road improvement projects on Newport Road, Scott Road, Menifee Road and a planned freeway overpass at Holland Road.
-- An economic development plan designed to keep more consumer tax dollars in Menifee. Mann said the city loses an estimated $422 million in "retail sales leakage" to other cities. City officials are in negotiations with movie theater chains, restaurants and big box businesses in an effort to build up the city's economy.
-- An expanded parks and recreation system, with future plans for a parks and recreation director and analysis of the relationship between Valley Wide Recreation, which owns and manages recreation facilities east of Interstate 215, and the City of Menifee, which controls recreational facilities west of the freeway.
-- A growth plan that encourages housing development while maintaining what Mann refers to as Menifee's "rural charm."
"Some key components of our economic development plan include a business attraction program, a business retention program and a job creation program, all designed to grow our tax base and support essential city services," he said.


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Hello All,
Does anyone know how long it takes for someone to deplete all the glucose stuff (pardon me I don't know the correct terminology) and get to using up the stored fat energy (burning fat)?
Ive searched online and I've seen sooo much stuff but none of it is clear and some doesn't sound right at all lol.
I know all bodies are different but an estimate would help so that I can either stay at the rate I'm going or exercise longer to burn more fat.


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"……a real alto possessed of a lovely low range…."
-San Francisco Classical Voice Magazine
Praised for her "plush" voice by the Baltimore Sun and voice of "sweet clarity" by the Pittsburgh Post-Gazette, mezzo-soprano Kristen Dubenion-Smith enjoys an active performing career in oratorio, opera and sacred vocal chamber music, particularly specializing in music of the medieval, renaissance and baroque eras.
Recent notable engagements include performances with The Folger Consort, Apollo's Fire, The Mark Morris Dance Group, the Washington Bach Consort, Cathedra and The Bach in Baltimore Concert Series. Ms. Dubenion-Smith has also performed concerts with various ensembles at the Boston Early Music Festival, the Berkeley Early Music Exhibition, the Indianapolis Early Music Festival and the Washington Early Music Festival.
Ms. Dubenion-Smith's operatic career spans more than a dozen opera roles performed throughout the United States. Some of her more notable roles have included Endimione in La Calisto, Hecuba in La Didone and Cupid in Venus and Adonis with American Opera Theater, Humility in Ordo Virtutum with the Peabody Early Music Department, Hansel in Hansel and Gretel with Peabody Opera Outreach and La Baronne in Chérubin with New Jersey Opera Theater.
Ms. Dubenion-Smith also has a keen interest in contemporary music. She has had the privilege of working with The Evolution Contemporary Music Series the past four seasons where she has performed works such as David Lang's Pulitzer Prize winning piece The Little Match Girl Passion as well as Peter Lieberson's Neruda Songs and works by Arvo Pärt. Most recently, Ms. Dubenion-Smith performed, for the composers, selections from the chamber opera Song from the Uproar, song cycle Taking Turns in my Skin, selections from Penelope and premiered Book of the Lake by NYC based composers, Missy Mazzoli, Sarah Kirkland Snider and Daniel Davis.
Originally from Michigan, Ms. Dubenion-Smith graduated from Alma College before moving to Baltimore to complete her studies in voice at the Peabody Institute. Now residing in Washington D.C., Kristen co-founded the award winning medieval ensemble, Eya, in 2010. Eya is a unique ensemble seeking to refresh and invigorate the interpretation and performance of medieval music for women. You can learn more about Eya at www.eyaensemble.com
Ms. Dubenion-Smith also serves as cantor at the Washington National Cathedral and has recordings on Bard and Gothic labels.
Notable solo engagements of 2014-2015 include concerts with: Eya Medieval Ensemble, The Washington Bach Consort, The Evolution Contemporary Music Series, the Bach in Baltimore Concert Series and a national tour with Apollo's Fire performing the Monteverdi Vespers. Kristen will also be performing Dowland's A Pilgirm's Solace with lutenist Richard Stone in the spring of 2015.
If you would like to collaborate, please email me using my contact page, or you can contact me directly [email protected] you!
Ms. Dubenion-Smith sang with a remarkably smooth register, especially in the aria "Wie furchstam wankten meine Schritte" of Bach's Cantata 33 — an aria loaded with octave skips. Conceived more instrumentally than vocally, Bach's arias can be difficult for mezzos because of range and register, but not for this mezzo. Ms. Dubenion-Smith handled the tough intervals and figures with a voice as smooth as silk and her Cantata 33 aria was particularly gracefully accompanied by violinist Vita Wallace and Daniel Swenberg playing theorbo.
-Nancy Plum, Town Topics, February 2014
Kristen Dubenion-Smith, mezzo-soprano, brought a deep sense of isolation to the re-imagined texts from Eberhardt's journals with her clear tone and dark color.
-Megan Ihnen, The Glass, March 2013
In the solo aria "Meine Seele" sung by mezzo Kristen Dubenion-Smith, the listener basked in the luxuriant richness of her lower register, while marveling at the facility of her upper tessitura. Her ornaments were well placed throughout and never detracted from the essence of the solo line. As she declared "Meine Seele" or "my soul," the depth of her conviction and connection to the music came through.
-Patrick D. McCoy, Washington Life Magazine, October 2012
Rottsolk and plush-voiced mezzo Kristen Dubenion-Smith, as Ino, blended gorgeously in "Prepare then, ye immortal choir."
-Tim Smith, The Baltimore Sun, April 2012
Kristen Dubenion-Smith sang a moving "He was Despised" that so effectively transported the listener to the foot of the cross. Her compelling rendering was a reminder for many that He was born to die.
-Patrick McCoy, D.C. Performing Arts Examiner, Dec 2011
A highlight of the concert included Elizabeth Merrill, soprano and Kristen Dubenion-Smith, alto who blended splendidly as two plucked stringed instruments called theorboes provided accomaniment in Chiara Cozzolani's "O Dulcis Jesu."
-Mark Beachy, MD Theater Guide, Jan 2011
Dubenion-Smith sang with an attractive mezzo-soprano in her one aria, In deine Hände (In your hands), and her expressive scalewise passages were right on-pitch.
–David Abrams, BLOG.CNYCAFEMOMUS.COM, Sep 2010
Dubenion-Smith, a real alto possessed of a lovely low range, sang bass, sometimes transposed and sometimes at pitch.
–Anna Carol Dudley, San Francisco Classical Voice Magazine, Dec 2009
"Sleep, my most beloved," sung with sweet clarity by alto Kristen Dubenion-Smith and enhanced by oboe's d'amore and oboes da caccia, was particularly lovely.
–Jane Vranish, Pittsburgh Post-Gazette, Dec 2007
Dubenion-Smith was yet another strong soloist, with a warm alto sound and sure feeling for line and the way it illuminates words.
-Mark Kanny, Pittsburgh Tribune-Review, Dec 2007
The orchestra was drawn from leading period-instrument performers from around the United States, including concertmaster Julie Andrijeski. Her solo with the admirable alto Kristen Dubenion-Smith in an aria in the third cantata was richly soulful and technically admirable.
"….A mezzo-soprano with a lilting voice…"
-Rebecca Corbett, New York Times, August, 2007
If we throw in mezzo-soprano Kristen Dubenion-Smith (Hecuba in La Didone) as the dancing bear, we get the full five-part chorus that Handel used. The bear was funny in her rotund costume, whiskers and glasses.
–Charles T. Downey, Ionarts, Jan 2007
Kristen Dubenion-Smith had fine moments – as Hecuba, Queen of Troy.
–Charles T. Downey, Ionarts, June 2006
Dubenion-Smith has a fluid but precise grasp of Latin diction and a keen sense of dynamic shading, and her performance had a power and authority that – paradoxically – seemed just right for her part as Humility.
–James Stevenson, Radar Review, March 2005


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Teen Mom 3
Teen Mom 3 Sneak Peek: Katie Yeager Lashes Out at Fiancé Joey Maes — Exclusive (VIDEO)
In this exclusive sneak peek of tonight's all-new episode of Teen Mom 3, Katie Yeager and her fiancé Joey Maes are still trying to make their relationship work, but unfortunately, things aren't going so well.
Katie calls up Joey on her way to the rec center to let him know that Molli's late for her swim lessons. Joey apologizes for not being home, explaining that he thought she had a ride. But that's not good enough for Katie, who snaps back at Joey with a few F-bombs.
Joey quickly changes the subject and asks if he can go fishing (uh, bad timing, dude) to which Katie responds, "Do whatever the f— you want" and hangs up on her man.
Will these two ever be able to work things out?! Tune in to Teen Mom 3 tonight, Monday, October 7 at 10 p.m. ET on MTV to find out.


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BKE Vintage Jig Shirt
- Pearl snap front slim fit shirt
- Embroidery and patch accents
- Grinded edges
- Convertible snap tab sleeves
- Model Info: Height: 5'10" | Chest: 38" | Waist: 33" | Hip: 39" | Wearing Size: Medium
- 100% Cotton.
- Machine wash cold with like colors, gentle cycle. Use only non-chlorine bleach when needed. Tumble dry low. Warm iron when needed.
- Made in China.
Have a Question?
View All:
Men's Shirts
Men's BKE Vintage Shirts
- Chest measures 41" on a size medium.
- Center back length measures 28 1/2".
- Slim Fit is form-fitting. The silhouette of the slim fit from shoulder, chest and bodice of a shirt is more fitted.


text: Hi all. Congratulations to Tevon who not only wins the WWE prediction league for season #1 but just beats our headshrinker/TrueLegacy1225 to win the FWL season also! Here is the final update... I encourage you all to check the points in the FWL User Control Panel - just to ensure I have not made any mistakes. ------------------------------------------------------ NOTES ------------------------------------------------------ > > > Raw: - Nothing of note. > > > Superstars: - Nothing of note. > > > Smackdown: - I used the USA version of the show for points...not show how different it was to the International versions since it was mainly taped segments. > > > WrestleMania: - Sheamus received a 100 point bonus for winning the World Heavyweight Championship. - Big Show received a 75 point bonus for winning the Intercontinental Championship. - CM Punk received a 30 point bonus for retaining his title. ------------------------------------------------------ QUICK LINKS ------------------------------------------------------ > Leaderboard > Usergroups (click the name of any usergroup to see their respective leaderboards) > FWL User Control Panel (If it said "Access Denied Entry Deadline Past", ignore it, if you registered in time, you will still be able to login. Don't forget, you have to be logged into the forums before you can login to the FWL section)


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I am a iPhone developer. I know that we can open iphone app from other apps using CustomURL Scheme and calling that from
openURL: method.
What I am looking for I want to open my app which has some customURLScheme registered in plist file from a php web pages. I have a very little knowledge on PHP. I know that I can check that the client browser from where we got request is iphone safari or not.
now I have following logic to follow:
if(Client == iPhoneSafari) {
//Open My App URL
For opening app from iphone to iphone we use following code:
[[UIApplication sharedApplication] openURL:myURL];
I have checked This Link and I want to make sure that the same code of iphone will work for web page opened in iphone safari or not??
If no than I want to know what code we need to write for samething to do in webpage for opening app.
I know this is very silly to ask for code here.. but I don't know about PHP and I am not aware with syntax.
Thanks In Advance


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"The only way to make a real change is to make a real change…otherwise, you're just buying time. Big problems need big changes…not parametrical changes, but paradigmatic changes. You have to change the system, in other words, not just the details."
We had dinner with a fellow who made a real change – Jose Pinera. As Chile's Labor Minister in the '80s, he completely changed the system of public pension financing and provided a model for the rest of the world.
We'll let Jose tell his story as he told it to us last night:
"I was one of the 'Chicago Boys.' That is, I studied under the great economists at the University of Chicago…and then I got my Ph.D. in economics at Harvard, which added a little bit of humanism to the hard-edged teaching in Chicago. So, they called me a 'Chicago Boy' and a 'Harvard Man,' which is the way I like to think of myself.
"Things fell apart in Chile during the Allende years. We had to rebuild the country afterwards. So, I went on TV and I said what I thought…about how to reform the pension system…or what you call Social Security.
"A little background. You see, almost all the world's pension systems came from the same source – Otto von Bismarck. He set up the first one in Prussia and it was later taken up in almost all the developed countries. We set it up in Chile in 1925. It wasn't set up in America until ten years later.
"Bismarck was very clever. He offered people a pension on what is called here in France a 'repartition basis.' That is, all the money goes into a pot…and you get from the pot whatever the politicians decide you can have. Bismarck offered people who retired at 65 a nice pension, for the time. Bismarck knew that the average life expectancy in Prussia at the time – this was the middle of the 19th century – was only 45 years old. So he knew he couldn't have to pay out many pension claims. But the average person didn't know how long he would live, so he could imagine himself living to a ripe old age and taking advantage of the public pension system.
"Bismarck also knew why he was doing it. He said he aimed to make the population 'docile' so they would 'serve the state,' more easily.
"Well, now, everyone is living much longer…and the politicians aren't as smart as Bismarck. They've promised greater and greater benefits, and even lowered the age when you can get them…so the pension systems are going broke. They're all going broke – you can count on it.
"Now, I'm going all over the world explaining this to governments and urging them to put my system in place…to make a radical change in the way public pensions are financed. Recently, I was in China, for example. You want to see a pension problem…look there. That policy of one family, one child is a catastrophe from a pension financing point of view. They're going to have hundreds of millions of old people, and very few young people to support them.
"Anyway, back in the '80s, I went on TV in Chile, with ideas about how to reform the pension system. I was just a young economist…only 29 years old. But the president of the country saw me on television and he said he wanted to talk to me. He called me in. I said I would be happy to explain to his people how to reform the pension system. But he said that if you were really going to reform it, you had to start at the top. So, he appointed me Minister of Labor.
"Then, I had to explain to the people what was wrong…and had to explain to them how to fix it. So, the first thing I needed to do was to win their confidence.
"I went on TV again. This time I took my mother's egg timer and I held it up and I said, 'I'm only going to talk for three minutes. Give me three minutes and I'll explain what's wrong with the pension system and what we're going to do with it.' And I told the cameraman to just cut me off after three minutes.
"This worked beautifully, because it made me look humble…I wasn't going to waste the people's time with a long, windy speech like Castro…I was just going to tell them something simple, fast.
"Of course, I couldn't explain everything in 3 minutes. But I told them that I had good news and bad news. The bad news was that the public pension system was broke. We had no money. But the good news was that I had an even better system.
"They called me the Minister of the Egg Timer…but they began to trust me. And then, I went back on TV…over and over…each time for only 3 minutes…and each time with my egg timer to keep me honest…and I laid out everything…why the system went broke…and what I was proposing to put in its place – a different system in which, instead of dumping all the money into a big pot that the government could do with as it pleased, each worker had his own personal pension account. It took some explaining. But I kept going…each time explaining more and more. I had to explain, for example, that the idea of the 'employer contribution' is a myth. The employer just looks at it as part of his labor cost. But once you call it an 'employer contribution,' the employee gets the idea that it's not really his money that finances the system and he feels he has no control over what he gets out of it anyway.
"My system is very simple. The worker makes exactly the same contribution as he did before. But it's his own money and he knows it. And he has some control over how it's invested. And if he dies, it goes to his family. He's an owner of it, not just a recipient of government handouts.
"So, when I had finished laying all of this out, over a 9-month period, I then admitted that I could be wrong. 'Maybe this won't work as well as I think it will,' I said. And I said I didn't want to force anyone to go with my system. So, we decided that anyone who wanted to stick with the old system – which is the system you still have in France…and America – could do so. Or, they had the option of getting into the new system with individual retirement accounts than they could manage themselves. Now, guess how many people went with the new system? We thought 51% would be a victory. Instead, 95% signed up for private retirement accounts.
"And here's something interesting. About a third of the population of Chile are leftists…socialists, communists, or Hillary Clinton liberals. Even these people – when it came to their own money – preferred to have it in their own retirement accounts, invested in stocks and bonds, rather than in some black hole in the government accounts.
"And the best thing about this is that it turns the whole country into capitalists. Even the leftists think twice before they vote for higher business taxes or more regulations. They worry how their retirement account will be affected. And that's why Chile is now the richest country in Latin America."
A companion noticed the problem right away:
"That must be why the left fights so hard to resist this kind of reform," he said.
"Yes…but it will come. You just have to wait until your current system goes bankrupt. And it will, sooner or later."
Chile is now the richest country in Latin America. What a shock it will be to the gringos when it is the richest country in all the Americas!
Bill Bonner
The Daily Reckoning Australia


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Revival Christian Church Revival Lancaster PA
Lancaster County PA has been well known for the traditional Amish and Mennonite religion. In the recent years God has placed it on the hearts of His people to pray and believe for a genuine spiritual revival that transforms the Lancaster community. As the Holy Ghost comes upon the Christian church, our love for Jesus Christ moves us to seek God above all else and seek for a revival that will bring purity to the church.
Revival: Genuine revival that is brought forth by the Holy Ghost will always bring the Christian church to a deeper reverence of God. Pentecost brought the fear of God to the church, as well as multitudes were transformed by the power of God.
Revival is the desperate need for this generation.
Revival Lancaster County Amish Revival, Holy Ghost Outpouring, Pentecost, Pentecostal church revival Lancaster PA Daily Devotional Revival


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Cross in Harris County park draws criticismDecember 23, 2012
Photo: Jerry Baker, Freelance
Just in time for Christmas, a 12-foot cross in a north Harris County park has sparked a debate over the separation of church and state.
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Job Overview
WHY IS THE IRS A GREAT PLACE TO WORK? At the IRS, you will use your skills in accounting, business, finance, law enforcement, information technology, advocacy and more to help make America stronger. The IRS is one of the largest financial institutions in the world and the work we do helps fund America. We are counting on bright, talented and dedicated individuals like you to achieve our goals. You will be both challenged and supported so whether you are just starting out or looking for new opportunities, consider the IRS and start making a difference today.
The U.S. Department of the Treasury has a distinguished history dating back to the founding of our nation. As the steward of U.S. economic and financial systems, Treasury is a major and influential leader in today's global economy. We have over 100,000 employees across the country and around the world. Come Join the Department of the Treasury and Invest in Tomorrow.
WHAT IS THE INTERNAL REVENUE SERVICE (IRS)? The IRS is a bureau of the Department of the Treasury and one of the world's most efficient tax administrators. Yearly, the IRS collects more than $2 trillion in revenue and processes over 200 million tax returns. The IRS Mission is to provide the United States taxpayers top quality service by helping them understand and meet their tax responsibilities and by applying the tax law with integrity and fairness to all.
WHAT DOES A SUPERVISORY DIVERSITY AND INCLUSION SPECIALIST DO? This position is located in the Internal Revenue Service, Office of Equity, Diversity and Inclusion (EDI), in the Business Unit Integration Division (BID). The Director will manage EDI Business Unit Liaisons for the following business units: Information Technology (IT), Appeals, Agency Wide Shared Services (AWSS) and Small Business/Self Employed (SB/SE). The incumbent is responsible for development, organizing, directing, and evaluating all diversity and inclusion strategies for each business unit listed above. Specifically, the Director of BID would oversee the following functions and manage the staff performing these functions: provide subject matter expertise to problem solve, design, and deliver business-unit wide diversity and inclusion solutions that are integrated with business needs and other strategic human capital initiatives; act as a strategic business partner for leadership regarding diversity and inclusion considerations that impact business unit mission and operations; serve as a change agent to provide strategies, solutions, training, tools, resources and thought leadership on diversity and foster inclusion across the business unit to build a high-performing workplace; build internal awareness, engagement, and accountability for diversity and inclusion at all levels; integrate diversity and inclusion into critical human capital functions such as recruitment, development, performance management, and training; increasing/maintaining workforce diversity; serve as consultant to management by analyzing workforce data and trends to create an assessment and work plan to address strengths and opportunities; collaborate and support business-unit Diversity and EEO Advisory Councils to execute the diversity and inclusion strategy and produce measureable outcomes; and participate on appropriate business unit senior leadership meetings. Incumbent's overall efforts will contribute to IRS' overall vision to leverage diversity and inclusion as a business strategy to enhance customer service, increase workplace productivity and morale, and foster innovation and efficiencies.
WHAT IS THE OFFICE OF EQUITY, DIVERSITY AND INCLUSION DIVISION? The Office of Equity, Diversity and Inclusion (EDI) advises IRS senior leadership on diversity and inclusion matters, and EEO policy. EDI helps coordinate cross-functional efforts to ensure diversity and inclusion is used as a business strategy to accomplish its mission.
Position is located in National Headquarters, Washington, DC 20224.
WHERE CAN I FIND OUT MORE ABOUT OTHER IRS CAREERS? If you want to find out more about IRS careers, visit us on the web at www.jobs.irs.gov
As a Front Line Manager you will:


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Join the Center for Excellence in Teaching and Learning as we explore and discuss the book, "What the Best College Teachers Do," by Ken Bain, who will be presenting his ideas to the campus community in October, 2012.
From the inside cover...
"What makes a great teacher great? Who are the professors students remember long after graduation? This book, the conclusion of a 15-year study of nearly one hundred college teachers in a wide variety of fields and universities, offers valuable answers for all educators. "The short answer is—it's not what teachers do, it's what they understand. Lesson plans and lecture notes matter less than the special way teachers comprehend the subject and value of human learning. Whether historians or physicists, in El Paso or St. Paul, the best teachers know their subjects inside and out—but they also know how to engage and challenge students and to provoke impassioned responses. Most of all, they believe two things fervently: that teaching matters and that students can learn. "In stories both humorous and touching, Ken Bain describes examples of ingenuity and compassion, of students' discoveries of new ideas and the depth of their own potential. What the Best College Teachers Do is a treasure trove of insight and inspiration for first-year teachers and seasoned educators alike."
We'll meet to review each of the book's chapters:
- Week 1: Defining the Best
- Week 2: What Do They Know About How We Learn?
- Week 3: How Do They Prepare to Teach?
- Week 4: What Do They Expect of Their Students?
- Week 5: How Do They Conduct Class?
- Week 6: How Do They Treat Their Students?
- Week 7: How Do They Evaluate Their Students and Themselves?
- Week 8: What Can We Learn From Them?


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The Urban Affairs Center at The University of Toledo has completed its term as maintainer and host
of the IGU Commission's web site.
Dr. Neil Reid, UAC's Director, has completed his term as IGU Chair.
Going forward the site will be housed at
The University of Vechta, Vechta, Germany.
The new link for the IGU Commission web site is http://www.uni-vechta.de/igu/.
Please update your bookmarks.


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Insiders at the Toronto International Film Festival can connect daily with filmmakers and stars in Toronto at our afternoon talk series beginning this Saturday. Indiewire @ The TIFF Filmmakers Lounge launches Saturday, September 7 at the TIFF Filmmakers Lounge in the downtown Hyatt Hotel next the TIFF Bell Lightbox (mezzanine level).
Over four days, from 530pm - 630pm, passholders attending the
festival (filmmakers, industry, press, or whoever has something
around their neck looking official) can watch talent from this year's
festival talk about their films with the staff of Indiewire. Guests
include Chiwetel Ejiofor, Matthew Weiner, Jason Bateman, Juno Temple, Alexandre Aja, Alex Gibney, Liza Johnson and Lars Ulrich (yes, that Lars Ulrich).
The Schedule Follows:
Saturday, September 7
5:30pm -- Director Alexander Aja, writer Joe Hill and actress Juno Temple ("Horns") Moderated by Nigel Smith
6:00pm -- Actor Chiwetel Ejiofor ("12 Years a Slave") Moderated by Anne Thompson
Sunday, September 8
5:30pm -- Director Matthew Weiner ("You Are Here") Moderated by Anne Thompson
6:00pm -- Directors Bertrand Tavernier ("Quai d'Orsay") and Nils Tavernier ("L'Epreuve d'une vie") Moderator TBA
Monday, September 9
5:30pm -- Director and actor Jason Bateman ("Bad Words") Moderated by Nigel Smith
6:00pm -- A Conversation with Female Directors: Liza Johnson ("Hateship Loveship"), Megan Griffiths ("Lucky Them"), Dana Rotberg ("White Lies") and Judy Kibinge ("Something Necessary") Moderated by Melissa Silverstein
Tuesday, September 10
5:30pm -- Director Nimrod Antal and star Lars Ulrich ("Metallica: Through The Never") Moderated by Eric Kohn
6:00pm -- Director Alex Gibney and subject Jonathan Vaughters ("The Armstrong Lie") Moderated by Anne Thompson


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Severe thunderstorm warning issued for southwest Elkhart County
ELKHART — The National Weather Service has issued a severe thunderstorm warning for southwest Elkhart County.
The warning is in effect until 9 p.m. as strong thunderstorms caused by a rare derecho weather system sweep through the area.
The storms could bring wind gusts of up to 80 miles per hour and golf ball-sized hail.
Extensive damage to roofs, windows, trees and power lines is likely.


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Hi guys!
Been riding MTB for years and just got a road bike. Wow, big difference! Now I'm bit by the biking bug right at the start of winter season. So I decided that I will ride through the winter. I'm turning my MTB into my winter ride by adding fenders and studded tires. I live right on some nice trails and paved paths in my city so I'll be putting the miles in this winter. My goal this year is to ride a 100 mile day by the summer.


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Yulia7C01 is a 38yr-old single woman in Regina, SaskatchewanView Profile


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View Single Post
Metal is proof that Satan loves us and wants us to be happy.
Join Date: Mar 2009
Location: Cleveland, OH
Posts: 8,848
Omega Massif - Karpatia
I first discovered this band a few years ago when I was searching for more post-metal and / or heavy instrumental music to sink my hungry teeth into. Now mind you, this German quartet is labeled as sludge and not exactly post-metal, but in their case I think the line between the two distinctions is rather blurry. To wit, there are moments of fierce up-tempo pounding on this album that definitely fit more in the sludge genre than in post-metal, but there are also three of the six songs on this album which are at least ten minutes long, and the pacing on some of those is much more like something
Mouth of the Architect
would do rather than
Acid Bath
. At any rate, regardless of what genre they best fit into, this band definitely knows how to keep it heavy. Their first full-length left me a little underwhelmed, but this one grabbed me more strongly. I can hear bits and pieces of some of my favorite bands such as
Cult of Luna
in this material, and at the same time, these guys seem to have a style which is also almost completely their own, which is to say that I don't think I've heard anything else that's
like it. Anyhow, if you're looking for something heavy as fuck, with absolutely no vocals, and don't mind the speed of the ride changing from a nice gallop to an almost maddeningly slow crawl (and back again) from time to time, then go ahead and check this out. A word of caution, though - you have to strap in for this one. Ten or fifteen minutes isn't going to cut it - you have to be down for the full ride, or this isn't going to make much sense. If you are properly prepared, however, this album is a pretty powerful trip.
9/2 Chelsea Wolfe
10/16 Kylesa / Inter Arma / Indian Handcrafts / Irata
11/13 Windhand / Monolord
12/30 Clutch
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text: Glitzy Candy Cane Ornament, Set of 4 Item #: 121211 $19.99 $3.97 Qty: Sorry, this item is currently unavailable online. Ship to Home Decorate your Christmas tree with this sweet and sparkly accent! Each glitzy candy cane is adorned with a cluster of green and red holly. Each candy cane measures 11H in. Crafted of polystyrene Covered in green, white, and red glitter Accented with a sparkling cluster of holly Sorry, this item is currently unavailable online.


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Opinions On What Mi Legislature Will Do & When?
Posted 12 December 2012 - 11:41 AM
I still think there is a 60% chance it passes out of the senate.
That will lower after today.
The Democrats are NOT just voting against everything like they said they would, so we will see.
Posted 12 December 2012 - 11:44 AM
Posted 12 December 2012 - 12:17 PM
Posted 12 December 2012 - 12:21 PM
To predict with absoluteness is folly.
We shall see.
Rick Jones called a R caucus to decide what they will push through.
We will see after recess, for today.
Edited by Malamute, 12 December 2012 - 12:21 PM.
Posted 12 December 2012 - 12:58 PM
rick jones is busy with his abortion bills right now.
coleman young jr just said stop the war on women.
Posted 12 December 2012 - 01:49 PM
Also allowing the logging industry to clear cut forests without paying taxes properly.
And... moving substance abuse programs into the mental health programs, but not increasing funding for mental health and not transferring any funding from th previous substance abuse program to mental health. Basicly, cut funding for mental health in Michigan.
Several other interesting things flowing through today. :-0)
Posted 12 December 2012 - 05:07 PM
Posted 12 December 2012 - 06:19 PM
...and here is a classic from this years legislative hearings: back in March when the House Judiciary banned telemedicine for marijuana recomendations, right across the hall was another hearing where they passed a bill through to the full House, forcing insurance companies to pay for telemedicine. And in that hearing the testimony praised telemedicine. How hypocritical, eh?
Well dig this, in the abortion bills that are prolly gonna pass, they ban a doctor from using telemedicine in order to reach a patient seeking RU 486 (the abortion pill)....
mean spirited and desiring everyone submit to their so called moral code.... and now our legislators want to practice medicine as well...
sickening for sure
Edited by Hayduke, 12 December 2012 - 06:20 PM.
Posted 12 December 2012 - 09:53 PM
Posted 12 December 2012 - 09:59 PM
and truth be told they want to ban contraceptives, abortion, and then they don't want to help the young unwed mothers....
WOW Save money by banning condoms .. They're so expensive ..
Edited by peanutbutter, 12 December 2012 - 10:01 PM.
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« Keith Urban Regrets Posing Nude For Playgirl | Home | Here Comes Honey Boo Boo Recap: A Very Unhygienic Thanksgiving »
The Real Housewives Of Atlanta Recap: Kicking Some Donkey Booty
January 13, 2013 07:22 PM by Megan Thompson
The Real Housewives Of Atlanta is all new tonight on Bravo. Forget Atlanta, NeNe is now a big star in Hollywood! While Phaedra is working on her donkey booty video, Kenya is kicking Walter's booty to the curb!
She is moving on up – to Hollywood! Yes, NeNe and Gregg have rented a fabulous house in Beverly Hill and are trying to get settled into their new digs. Of course, NeNe name-drops some of her famous neighbors. Since Kenya used to live in LA, she sent some furniture over to NeNe's house that she had in storage. "I hope she has good taste," NeNe tells the cameras. But the first things out of the truck are anything but classy, they are some ugly looking statues.
All alone in a big house, Kenya is making dinner for her aunt and cousin. After pouring some wine, Kenya breaks the news to her family that her and Walter are over. Her family can't believe Walter wouldn't want to get with this Beyonce looking, model! "I think he is gay," her cousin blurts out! The bashing of Walter continues as they laugh about his thinning hair and his weird vide. Then her cousin drops the bomb that Walter asked her out in the past! "I'm done!" Kenya tells her family. "I'm sure there are a lot of people in Atlanta that would want to ride you," her cousin jokes!
Does your behind need to be bigger? Phaedra and Apollo are banking that their donkey booty fitness video is going to be a huge success. Kenya is more than confident that she can help this couple take their donkey booty video to the next level. "Do we have a butt cam?" Phaedra asks Kenya. This is no joke – of course they do! Apollo begins to demonstrate the funky donkey dance and Kenya loves it!
Now that NeNe is the bread winner in the relationship, she has a sit down with Gregg about his role in the house. "Gregg is going to a Mr. Mom and a Mr. NeNe too," she tells the cameras. Gregg is fine with his role, but he tells his woman she needs to give up some control.
Phaedra checks in with her business attorney about Kenya's $100,000 proposal for producing the exercise video. Her attorney informs her that she thinks Kenya inflated the budget and they could do a great video for less money. Just then, Kenya walks into the meeting with Apollo and Phaedra. Kenya is upset that Phaedra doesn't want to pay her 10% on the back-end. "I secured a distribution deal….that is completely reasonable," Kenya explains to the cameras. Then Phaedra drops the bomb that she talked to Kandi's man about producing the video. A visibly upset Kenya explains, "I handle multi-million dollar films, this is a drop in the bucket to me!" Phaedra isn't backing down and gets up and flaunts her donkey boot saying, "this is going to sell itself." The meeting ends and Kenya walks out complaining that she can't even buy a pair of shoes with what they are paying her! "She does have a nice donkey booty though," Kenya's producer admits!
It's Todd's 39th birthday and Kandi is treating her man right! The two head out in a limo and Kandi takes her man for a helicopter ride, so they can view the city lights. While the lovebirds are taking a helicopter ride, Phaedra is helping to set-up Todd's surprise party. While Phaedra is busy attending to the party, Kenya sees her opportunity to pounce on Apollo about the video. Kenya knows she can charm Apollo, but Phaedra is giving her the evil eye. Finally the guest of honor shows up, and Todd is so surprised to see that his mother is at the party. Kandi is thrilled that she surprised her man by flying his family out. The party is going great, until Kenya decides to approach Todd about the whole donkey booty video. After a couple minutes of Kenya rambling on, Kandi interrupts her to tell her that this is Todd's birthday party, not a business meeting!
The donkey booty video saga continues! Kenya arrives at The Bailey Agency to do a casting call for the video, even though it's unclear if she involved in the project. Doesn't she have something else to do? Cynthia says she expects to be paid for this casting, because she doesn't do pro-bono work. A girl needs to eat! The two women gossip about Phaedra not wanting to shell out the coin, until she shows up. "I cancelled the casting," Cynthia tells Phaedra. Cynthia explains to Phaedra that she doesn't work for free. After Phaedra refuses to pay Kenya money on the back-end, Kenya walks out on the deal. There is no deal and she exits The Bailey Agency.
What did you think of tonight's RHOA episode? Do you think Phaedra was being unfair to Kenya? Let us know what you think, leave a comment below.
Want more? Follow our tweets on Twitter and "like" us on Facebook! Click here for more information about The Real Housewives of Atlanta. For other great reality TV news, please feel free to check out SirLinksALot: The Real Housewives of Atlanta.
Topics: Bravo Reality TV Shows, The Real Housewives Of Atlanta |
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2 Responses to "The Real Housewives Of Atlanta Recap: Kicking Some Donkey Booty"
Denise Jackson Says:
January 13th, 2013 at 9:32 pm
I like Kenya, she has been treated like shit by her real mom, and now all she wants is a family of her own, children, and a husband, Give her a break……how do you think you would feel if you was in her shoes? I think she has over came alot….and I for one think she is one hell of a woman…………
marian statlar Says:
January 15th, 2013 at 10:07 am
Kenya was treated fairly, their was no contract and no agreement had been made.


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Flashtraffic: Alliance against Iraq stronger than might seem
Despite the high-profile sniping, officials and policy experts in Washington and Brussels say the NATO alliance is fundamentally strong.
Despite the high-profile sniping, officials and policy experts in Washington and Brussels say the NATO alliance is fundamentally strong. They point to four key developments and trends:
First, they say, it's far more important that France and Germany assist in the war against terrorist cells than in the war against terrorist regimes. Of the 60 million people in France, for example, nearly one in 10 is Muslim. The CIA and FBI want to work closely with French intelligence to identify, track, and bust up al-Qaeda, Iraqi, and other terrorist networks. Politicians in both countries publicly carping at one another won't make their work any easier.
Second, as Bob Low, a senior European editor for Reader's Digest, asks: Is it really so bad that most Germans are anti-war? Do we really want to see Germans eager to send Panzer divisions into the Middle East? "I'd much rather see Germans wearing sandals than jackboots," says Mr. Low.
Third, a growing number of NATO countries-Great Britain, Italy, Spain, Portugal, Denmark, the Czech Republic, Poland, and Hungary-are publicly backing the United States.
Fourth, with Jordan and Saudi Arabia cautiously coming on board-and Russia subtly signaling it may soon be on board as well-watch for a rush of other "on the fence" countries to join as the countdown to "regime change" ends.


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We've been waiting for a bright and sunny day to tell you our news, but we couldn't wait any longer!
Our Spring Summer 2013 collection is now in-store and online.
We've taken our men's and women's classics that you have come to love and injected a Spring/Summer aesthetic to get you ready for when the weather finally warms up.
Let us know what you think about the collection on our Facebook page


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Rangers hold off Caps, cut deficit to 2-1
NEW YORK After going nearly two full games without a goal, the New York Rangers were hardly expected to net four against Braden Holtby and the Washington Capitals.
They did, and it almost wasn't enough.
Derek Stepan and Arron Asham both scored tiebreaking goals in the third period for the Rangers, who held on through a late short-handed dilemma and beat the Capitals 4-3 on Monday night.
The Rangers finally found their offense and got back into their first-round playoff series. New York still trails 2-1 in the Eastern Conference matchup, with Game 4 at home on Wednesday night.
"It's a good group of guys," Rangers coach John Tortorella said. "It's just trying to get momentum on your side and finding a way to win the hockey game. We got it done."
Stepan gave the Rangers the lead for good with 6:25 remaining when he deftly tipped in a pass in front from Rick Nash. Asham had put New York in front 3-2 at 2:53, but Jay Beagle got the Capitals even again 4:26 later.
"It was an interesting game," Stepan said. "The flows of it were up and down. Early lead, they tie it. We get another one, they tie it.
"As a team we just stuck together. On the bench everyone had a good feeling."
Derick Brassard had a goal and two assists for the Rangers, who managed only one goal in the first two losses in Washington and hadn't scored since the first period of Game 1 - a stretch of 124 minutes, 6 seconds.
That streak was broken by Brian Boyle's goal that made it 1-1.
Until then, New York had been shut down by Holtby, who had suggested he wasn't tested much in Washington's 1-0 overtime victory on Saturday. He had plenty to deal with when the series shifted to Madison Square Garden.
"It's great, we put a few behind him," Boyle said. "We have to keep that same mentality. We have to keep shooting pucks."
After Nicklas Backstrom gave the Capitals a 1-0 lead 4:06 in, Boyle tied it. Brassard put the Rangers in front in the second period with the team's first power-play goal in the series, and Asham gave New York its 3-2 lead.
Mike Green, who netted the overtime winner in Game 2, had tied it for the Capitals in the second period. Henrik Lundqvist was sharp in making 28 saves. Holtby countered with a 26-save effort.
"We'll regroup here," Green said. "It's obviously disappointing, but that's why it's seven games. It's unfortunate. We wanted to be up three, but we've got a lot of work to do, and we know that.
"We knew it wasn't going to be easy."
Lundqvist had to hold off the surging Capitals in the closing minutes after Brad Richards was whistled for high-sticking Alex Ovechkin. Washington couldn't tie it again, even after pulling Holtby for an extra skater.
"You don't have a lot of chances to play 6-on-4," Ovechkin said. "It's a totally different picture out there. It's a situation where you have to find the shooting lane and shoot it."
Shooting more was a philosophy the Rangers adopted for this game, especially on the power play.
New York had its first multi-goal game of the series, and did it with its struggling power play that had failed to score on seven chances in Washington.
The Rangers used every bit of their second advantage of the first period when Boyle scored exactly two minutes after Joel Ward was sent off for high-sticking Brassard.
Boyle, who returned to the lineup for Game 2 on Saturday following a knee injury, carried the puck from the right-wing wall, cut into the circle, shifted the puck to both sides of his stick, and flipped a shot over a crouched Green and past Holtby at 12:50 for what was technically an even-strength goal.


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Models: Kiara Mia & Nina Mercedez
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This is one wild lesbian scene. What is it about those passionate Latinas? Watch as this crazy slut gets a dildo shoved up her, and literally crawls backward to get it in deeper.
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