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Derivatives: introduction to warrant - what is a warrant
A warrant, also known as a share warrant, is very similar to an option (see STSM112010 ) which gives the warrant holder the right, but not the obligation, to subscribe for a specified quantity of an underlying security (i.e. stocks and shares) at a specified 'strike' price per share i.e. the warrant exercise price within a specified future date.
A warrant is issued by a company, giving the holder a right to purchase new shares in that company.
A warrant is sometimes referred to as being 'uncovered' because the exercise of a warrant followed by the payment of subscription money creates a new issue of stocks or shares which were previously not in existence.
But, unlike a traded, traditional, or Over The Counter option, a warrant is issued by a company and is generally used as an enticement to investors, often being bundled with another registered class of the company security, to subscribe for further new shares in the company.
For example, the description and class of ABC Ltd company shares may be offered for sale as ordinary 50p shares + warrants (1: 4) at £4.50 share expiry 2009.
In addition to purchasing one ordinary 50p registered ABC Ltd share, the investor acquires the right, but not the obligation, to buy four new shares at a specified price (the warrant exercise price) direct from the issuing company, namely ABC Ltd at a specified future date. If the warrant is exercised, then additional payment is required to purchase the new shares.
When an investor purchases ordinary UK registered shares in a company with a warrant attached, the registered shares and attached warrant can be onward traded as a single entity. In such a situation, the registered shares and attached warrant is said to be traded 'cum-warrant'. Alternatively, a shareholder can detach the warrants from the registered shares and onward trade the registered shares and warrants separately. In this situation the sole trading of a warrant is said to be 'ex-warrant'.
A warrant is very similar to an option (see STSM112010) but with much longer time spans, normally twelve to eighteen months but can be up to five years.
See STSM112030 for the meaning of 'specified date'
See STSM112080 for the meaning of a Traded Option
See STSM112090 for the meaning of a Traditional Option
See STSM112100 for the meaning of an Over The Counter (OTC) transaction


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When it comes to the NFL draft, 'overrated' players are really players who will be drafted too high, and UCF's Breshad Perriman leads that list.
We're calling this a breakdown of "overrated" prospects. But what that really means, as it relates to the NFL draft, is that the players included below could be overdrafted—taken higher than they should be based on what they have shown as prospects.
That does not mean they all will bomb in the NFL or that they are terrible players. Without fail, though, every draft elevates several prospects beyond where their realistic ceilings. Here are 10 may fit the bill this year:
Breshad Perriman, WR, Central Florida
The NFL loves upside. The notion drives the entire draft, to some extent—teams do as much research as they can on prospects, only to cross their fingers and hope they'll get the anticipated level of bang for their buck. But there always are a few guys who garner a longer look based almost entirely on the dream of what they might some day become.
Perriman is front and center for that movement in 2015. He is a big, brilliantly athletic, home-run threat at the wide receiver position ... who also is not all that far along is his development as a player. Perriman's hands are a concern, as is his route-running. Per the NFL Network's Lance Zierlein, Perriman, at 13.8%, had "far and away the worst" drop rate of any early-round receivers last season.
And yet, he has been mentioned throughout the past few weeks as a likely Round 1 pick, perhaps even a top-10 option. Maybe down the road, his game matches up with that hype. Right now, the buzz surrounding him has surpassed the actual product.
Arik Armstead, DE, Oregon
Armstead is the defensive version of Perriman. He checks off all the physical boxes—6'7", 292 pounds, 33-inch arm length, powerful, etc. And Armstead is raw.
The word "raw" is usually uttered in close concert with the word "upside." This means that the team drafting him can hope he makes an impact early, but a more feasible expectation is that he will require multiple seasons of coaching and maturation before he can be counted on as a full-time starter.
• VRENTAS: Despite recent injury, Todd Gurley's draft stock is rising quickly
In that way, this overrated(/likely overdrafted) list of players boils down to preference. It says here the the first half of Round 1 is too high to draft a player who is more projection than prospect. At least a few NFL teams view this whole process in a different light, preferring to swing for the fences over seeking out relatively safe picks with less of that coveted upside. To each his own.
Bryce Petty, QB, Baylor
There is a precipitous drop-off at the quarterback spot this year behind Jameis Winston and Marcus Mariota. The problem is that outside of Tampa Bay and Tennessee (or whichever two teams land Winston and Mariota), another handful of teams are still in the market for a franchise quarterback. So what's a team to do?
Well, in all likelihood, said team will reach. Taken on his own, without the context of the remaining quarterback class, Petty probably deserves to be a mid-round (i.e. Rounds 3 or 4) prospect. Same goes for Brett Hundley and Garrett Grayson, with several other quarterbacks sitting in line behind them.
The lack of options at the game's most important position figures to push at least one or two of those QBs—starting with Petty, if recent reports are to be believed—up into an early Round 2 spot.
Tevin Coleman, RB, Indiana
Before we get too far into this, allow me to just mention that I like Tevin Coleman as a player. A lot. On an Indiana team that has one bowl berth since 1994, Coleman stood out week to week with his big-play ability—he turned nothing into something as much as maybe any college running back.
• KING: Here's what I think the Patriots might do with the No. 32 pick
Those breakthroughs will be fewer and further between in the NFL. Coleman does not find his way into space so much as he plows through defenders, which is a tough way to make a pro living. This RB class is a crap shoot, and a run realistically could start at the position anywhere from early Round 2 onward. Coleman deserves to be mentioned among the second-tier group, after Melvin Gordon and Todd Gurley. There just might not be as much potential here as his 2,036 yards last season indicate.
Sammie Coates, WR, Auburn
Coates blew up in the Iron Bowl vs. Alabama (five catches for 206 yards and two touchdowns), then excelled throughout Senior Bowl week. Is that enough to justify an early-round pick?
The 6'1", 212-pound Coates can make plays by going over top of cornerbacks and he's a big-play threat downfield. There's just not much else there as of the last time we saw Coates on the field, so waiting on him a bit is advised.
Ereck Flowers, OT, Miami (Fla.)
SI's Doug Farrar mentioned multiple times on our 2015 Audibles mock draft podcast that he does not believe Flowers deserves Round 1 consideration. And it's true that, even up through positional drills at the combine, the Miami product has endured some truly ugly moments as a blocker.
• BEDARD: The Anti-Mock Draft: Who should every team pick?
Odds are, he's going to land in Round 1 anyway. Flowers stands 6'6" and 329 pounds, with the strength to punish defenders in the run game. Does that make him a better prospect than T.J. Clemmings or Cedric Ogbuehi or Jake Fisher? Probably not, but he's on track to be drafted ahead of all of them.
Mario Edwards Jr., DE, Florida State
An NFL scout told the Milwaukee Journal-Sentinel's Bob McGinn that Edwards is "a phenomenal athlete" and "close to Sheldon Richardson coming out from a measurable standpoint."
"It would not shock me," the scout added, "if somebody took him late first [round] because of the upside."
There's that word again. "Upside." Edwards has been garnering Round 1 talk of late because of it, but his performance last season at Florida State simply does not measure up. While he dropped some 15 pounds ahead of the combine (down to 279) and flashes as an outstanding athlete, Edwards also offered limited production (3.0 sacks, 11 tackles for loss) during the 2014 season. Will he suddenly flip the switch as an NFL player if he's taken with a first-round selection?
Quentin Rollins, CB, Miami (Ohio)
Rollins will present another interesting test case for the NFL's production-vs.-potential discussion. He was the MAC Defensive Player of the Year in 2014, picking off seven passes and recording 72 tackles. That also marked Rollins' first and only year playing college football, having spent his first four seasons at Miami on the basketball team. Translating his stunning success to the NFL—be it at cornerback or by learning a new position at moving to safety—stands as a massive challenge for Rollins. It is the type of challenge best left for Round 3 or later, not a Round 1 gamble as some have suggested.
• DEITSCH: How the move to Chicago will change the look of the NFL draft
Gerod Holliman, S, Louisville
The shine appears to be off the apple a bit here as it is, so Holliman could wind up being drafted at an appropriate spot—somewhere on Day 3, by a team with two starters in place at safety. He lands on our list because his remarkable 14 interceptions last season (best in the NCAA) may catch a team's eye, bumping him well up the board on playmaking talent alone.
The rest of the scouting report is troubling, though. Holliman did not work out at the combine, then turned in a sluggish show at Louisville's pro day (4.65-second 40, 7.08 three-cone). Zierlein also chalked him up with a whopping 20 missed or broken tackles last season; Holliman made just 44 tackles total.
Bud Dupree, DE/OLB, Kentucky
Again, I get it. Dupree has the size (6'4", 269 pounds) to help set the edge and the quickness (4.56 40) to rush the passer or even play in space. He's an athlete, in every sense of the word, and could be molded into an excellent NFL player by the right coaching staff.
But. The flaws in his game as a college player were evident, starting with average awareness and continuing to include a pretty basic pass-rushing repertoire. There are some who believe Dupree is en route to a top-10 pick, be it by Atlanta or the Jets or a team moving around via trade. His current skill set would be a far better value fit another dozen-plus picks later.

subset: commoncrawl


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The latest market report by Questale "Market Status for the Asia-Pacific Thermal Weeder 2018-2025" which studies the market trends and technological updates of Asia-Pacific Thermal Weeder . The report will comprise of company profiling along with a comprehensive data of market share, sales figure and specifications of the products offered by the top companies of Asia-Pacific Thermal Weeder market.
The details and data in the report will allow you to identify three important factors in the market:
- Products
- Players
- Sales and Revenue
The Highlights Of The Asia-Pacific Thermal Weeder Market
This Questale report will deliver to you a comprehensive study of the developments of the Asia-Pacific Thermal Weeder market, including its development status, market players, application usage and future trends, along with focus on the regional divisions of the market. Here are the main highlights of the report:
- What are the main overview and scope of the products in the Asia-Pacific Thermal Weeder market?
- What are the revenue and sales of Asia-Pacific Thermal Weeder by type and application?
- Who are the main market players in the Asia-Pacific Thermal Weeder market?
- What are the sales data of the existing players in this market?
- What marketing strategies are used by the leading market players in Asia-Pacific Thermal Weeder ?
- What are the development trends of the Asia-Pacific Thermal Weeder market?
- What factors affect the revenue growth of Asia-Pacific Thermal Weeder market?
- What are the factors adding to increasing demand for the products in the Asia-Pacific Thermal Weeder market?
- How is the rise in technological advancements helping in revenue growth?
- Does population growth also help in revenue generation?
- What are the criteria for the growing disposable income of Asia-Pacific Thermal Weeder market?
You can find the sample report here – https://questale.com/report/asia-pacific-thermal-weeder-market-report-2018/382622
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- It covers the current market size of the Asia-Pacific Thermal Weeder along with the growth rate over the years.
- It also includes historical data of 5 previous years pertaining to company profiles of key players/manufacturers in the industry.
- It will enable market researchers to monitor future profitability and make vital decisions for sustainable growth.
- The market is growing at a very rapid pace and has witnessed the entrance of many local and regional vendors offering specific application products for multiple end-users. But these new entrants are faced with cut-throat competition due to innovative technology, quality services and diligence of international vendors.
Factual Details Of The Asia-Pacific Thermal Weeder Market
These are the 5 key parameters that would be covered in the report:
- Product Details
Here are the major categories of product in the Asia-Pacific Thermal Weeder market:
- Row crops
- Arboriculture
- Viticulture
- Greenhouse
- Other
- User Applications
Another important categorization is dividing products on the basis on the end user application. These are as follows:
- Steam
- Flame
- Market Players
We will include the top and mid-level players and discuss in depth about their company profiling, the prices they charge as well as the profitable gross margin and so on. Here's the list:
- CM REGERO Industries
- Colombardo
- Constructions
- Egedal Maskinenfabrik
- Gloria
- Moeschle
- Simox
- Spezia srl
- Steam Weeding
- Veda Farming Solutions
- Countries and Geographies
Here are the major geographical divisions of the Asia-Pacific Thermal Weeder market:
- China
- Japan
- South Korea
- Taiwan
- India
- Southeast Asia
- Australia
Purpose Of The Asia-Pacific Thermal Weeder Market Report
This report will study the developments of the Asia-Pacific Thermal Weeder market in {Country}, including its development status and future trends, along with a focus on the top players in the market in {Country}. To understand all of it, this well-researched report will reveal the market situation in general for you, along with the future forecast of the market.
You can read a detailed index of the entire research here: https://questale.com/report/asia-pacific-thermal-weeder-market-report-2018/382622


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The beginning and the root of all good is the pleasure of the stomach. – Epicurus
I'm in the process of reading Les Epicuriens, a French-language Epicurean Bible which includes pretty much all the ancient writings in one volume with commentaries, and introduces the reader to Francophone commentators and researchers of the tradition that I was unfamiliar with. This is why I love knowing many languages: each is a window to a whole new world. This book will open up years of learning for me.
In the commentary to the "beginning and the root" fragment, there is mention of how ancient Epicurean thinkers were trained to relate the abstract to the concrete. Materialist philosophy tries to avoid framing thought in abstract, irrelevant terms. This is not always easy, particularly if one has to argue philosophical questions with people of other schools who confuse ideas and words for the things that are meant and who use word-play to muddle the meaning of things.
Epicurean philosophical training included stating things in two ways: one abstract, one concrete. It was never enough to use an abstraction: the corresponding, tangible, REAL value had to be juxtaposed so that pupils could understand clearly what was meant because the abstract didn't always refer to something specific or clear. Sometimes it referred to nothing real or existent at all. Sometimes many concrete and diverse examples could be provided.
The technique that the masters in our tradition used was reiteration: the re-stating of something in abstract, then in concrete terms, as in the case of "the beginning and the root". The Les Epicuriens commentators call this a "doublet", or a doubling of the expression.
In this way, we can speak of the the good (an abstraction) and pleasure or comfort (concrete); of evil (an abstraction) and pain or discomfort (concrete). We can speak of the beginning (an abstraction) and the root (tangible) of all pleasure being specifically in the stomach, which is one of the most basic survival kits a creature has. Notice how specific this gets. When a babe is born and culture has not corrupted him and he knows nothing but pleasure and pain, it is the stomach that guides him to cry in order to be fed, or to seek the nipple that will feed him. Epicurus was on to something. The brain within the stomach has recently become a research subject for neuroscientists seeking to understand its intelligence and how it is involved in the body's defenses against foreign bodies. It both secures survival, and fights dis-ease.
Of all the thousands of people who have paid homage to virtue, scarcely one has thought of inspecting the pedestal on which it stands. – Frances Wright
Virtue-worship is another instance where the abstract oftentimes leads us to ignore the tangible. Duty-based and state-sponsored systems of philosophy which make of man a means for supposedly higher causes oftentimes insist that virtue is an end. Our tradition teaches that virtue can only be virtue if it serves as a means to pleasure, which is the real and tangible experience of happiness and satisfaction for living beings. If it does not lead to pleasure, it's not a virtue. This matter was covered in a recent blog entry, and was explained eloquently by one of the luminaries of our tradition, Frances Wright, in A Few Days in Athens (3rd chapter).
By understanding this, we understand that having pleasure as the end is the same as having life and living beings as ends in themselves. This does not mean that abstractions are useless, unnecessary, or evil. No: it just means that they can be used as means to maximize the pleasure and minimize the suffering of the living entities for whose sake they exist.
The issue of labels and naming has recently gained visibility in our forums, where the need to clarify the distinction between Epicureanism and hedonism has become clear. This is, in part, because centuries of usage have made hedonism synonym with instant gratification and decadence, lack of control over our senses and desires, all of which are the exact opposite of our discipline. I proposed we use calculated hedonism, or rational hedonism. Tom Merle, of the Epicureanism for Modern Times group, proposed prudent hedonism or enlighted hedonism. French Epicurean philosopher Michel Onfray has called for utilitarian hedonism. Cassius (of newepicurean.com) says he prefers getting rid of the term hedonism altogether (by itself or hyphenated), saying that the term was applied by outsiders and that the founders of Epicureanism did not use it and that it's not found in any of the legitimate sources.
Equating Epicureanism and hedonism, even in its hyphenated variations, produces great confusion. We favor a calculated form of hedonism, a series of techniques that help to control our experience and lead to constant pleasure and satisfaction. To speak of unqualified hedonism only, understood as instant gratification, misses altogether the category of existential hedonism we know as katastemic (abiding) pleasures, as well as the deferral of gratification for the sake of greater long-term pleasure.
For a contemporary evaluation of these techniques by positive psychology, please watch Dan Gilbert's TED Speech on the science of happiness. He calls abiding pleasure "synthetic happiness" and dynamic pleasure he calls "natural happiness".
Let's apply the doublet: Epicureans seek a life of happiness (the abstract), of satisfaction (the concrete art of "making satiation", if we deconstruct the term). We seek a life of ataraxia or imperturbability (somewhat abstract), of tranquility in the mind and health in the body (concrete).
As for gratification, we only believe that natural and necessary desires require immediate attention and gratification: nature gives us no choice. But unnecessary desires can either be dismissed or only occasionally engaged, so long as they generate no losses or negative aftereffects. Very often, prudence and hedonic calculus lead to deferred gratification for the sake of greater long-term stability and pleasure.
To use a doublet: Epicurus taught that philosophy is the medicine that leads to happiness, to constant gratification (concrete). Here, we may think of gratitude, that quintessential katastemic discipline, as a state of abiding in gratification so that even when prudence leads us to defer dynamic gratification, we can still experience abiding gratification (gratitude). A hard-working father may, during his long work day, think about how he is providing for his loved ones or be happy that he has a good, stable job. A university student in the middle of a difficult semester may consider the odds of earning a good salary once she graduates, or of doing what she loves for a living.
This should give us insight into the importance of living the planned life and having clear values and ends. If a man does not know what he is struggling for, what he hopes to gain at the end of his toil, he may not feel the pull that will gain him evolution and progress in life and help him to engage in his productive projects imperturbable, with a gratified, satisfied mind.
By using the doublet to reiterate, qualify and clarify what we mean, we make philosophy tangible, pragmatic, and useful. We can apply its ideas to reality.


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Friday, April 4, 2008
Overlooked Items in the Briefcase?
1) Mike has a blog. This should come in very handy as we approach the date of his scheduled interview with Iamaphoney. Add it to your favorites.
2) 65if2007 responded to my request for pictures of the CD that he found in the suitcase. He said it only contained the one file, which was the Blair Witch style video. The file name was "ooo." Here are the pictures of the CD.
3) Milesdeo has provided another picture of his note. I guess this is the uncensored version.
Original Post
Last weekend a fellow we know only as 65if2007 did something to make himself the envy of Iamaphoney fans around the world. He traveled from Louisiana (I believe) to California, seemingly unafraid of all the talk of serial killers and closely guarded secrets. He dismissed wild claims about lizard-like aliens, stargates, shape shifters and paranoid computer geeks. He overcame any trepidation of rattlesnakes. He even ignored warnings about the FBI, CIA, the ghost of Doris Day and the potential threats of concerned neighbors and park police. And he found the Briefcase. It must have been a great experience to reach down and feel that baby in your hands. He has been cool about it, but his initial posts to Nothing Is Real shortly after the discovery gave away his excitement. He blessed us with pictures and descriptions of his findings, which I summarized in "The Suitcase Adventure."
Upon his return he has had to endure maybe a little bit of skepticism and jealousy, "Why him and not me?" along with relentless unsolicited advice from people encouraging him to go get it dusted for fingerprints, get an X-Ray of it, and hire a witch or a priest to coax out demons. Okay, slight exaggerations, but not far from the truth. One writer even told him to go back to California to look for something else. On top of that came the word that Iamaphoney sent a personal message to someone saying that there was more to be found in the suitcase, which might have caused 65if2007 to think that people were accusing him of holding back some things.
First of all, I don't think 65if2007 is holding anything back. I also don't think anyone suggested that he was. If anyone did suggest that, it would have been because many people would have been tempted if they had found the briefcase to not let out everything for various strategic reasons. But, I think it is far more likely that if Iamaphoney actually did say there is more to be found in the briefcase, it means that there is more there than we are currently perceiving: not something hidden by 65if2007 from the rest of us, but something overlooked by all of us.
In the days since the briefcase was discovered, 65if2007 has given us some more details via the "Nothing Is Real" discussion group, to which I am indebted.
There is writing inside the briefcase. "Mal"
Another area appears to say something like "Beyond Jesus"
The cover from the "Magic Christian Soundtrack" album had some annotations on it. The words Lilli and Maclen Music were underlined. I covered Lily in a previous post. Maclen Music handled the publishing on Lennon-McCartney songs in the U.S. plus one extra song, which was "St. Paul" by Terry Knight.
The bottom corner of the album cover has some interesting scribbles on it.
It appears to me to say Paul Mc 8R.L There is some speculation that the last part refers to a postal code of some kind.
This item appeared in the subsequent video Pete Best.
The record itself has a little something on it. It looks like L.I.L.Y.
There was also some writing on the brown wrapper that held the album.
And another thing that 65if2007 described as "a little more familiar and a little more the result of purposeful design..."
Someone suggested it is the sign of Aries, the Ram, which makes perfect sense.
There have been several "Y"-shaped things in the Rotten Apple series, like this one on the left side of this frame from RA 39.
The outer jacket also contains "ME"
and the word "Superstone"
Superstone was the name of one of those outside the numbered series Rotten Apple videos. It came out around August 20, 2007 in a particularly prolific period for Iamaphoney which included Rotten Apple Videos 45, 46, and 47 all within the span of about a day. It's actual title was "A lie adds up – Superstone" and it appeared on the site of YouTube user ROTTENAPPLEARMY (a definite Iamaphoney identity).
Unfortunately "Superstone" was taken down very quickly and only a few saw it. Fortunately, I was one of the few who did. I even got a chance to download it before it disappeared. When I got a request this week from someone at "Nothing Is Real," the group that has been very helpful in helping us scrutinize the briefcase contents, I uploaded it to YouTube for them. Unfortunately, I removed it from YouTube last night.
I was asked to remove it and complied under the condition that I could tell you why I had to do so.
This is the correspondence I received yesterday from Iamaphoney. He has given me permission to quote it verbatim:
Subject: superstone
From: Iamaphoney
I must admit that I'm a fan of your work and I know that, in the future, it´ll be widely spread.
We accept the fact that superstone slipped out of our hands, and made it´s own life on youtube, really.
Superstone is a very important brick in the revelation and that demo supposed to be around!
So, if you will remove the video at this point, it would be very helpfull and highly appreciated.
If you choose not to follow the recommendation
I´ll understand it and therefore I´ll accept it.
do what thou wilt,
best regards
peace and unlimited life
So, I honored the request. Time will tell if I did the right thing. You have the right to criticise me, but it felt like the right thing to do. I also think the correspondence reveals a little bit about Iamaphoney, which after all, is what this blog is all about. If you think I did a bonehead thing, I hope you will forgive me. It is possible that this gesture will pay off dividends in the future. Let's wait and see.
The final discovery from the suitcase that we know about is the CD. I don't know much about the CD. I would like to know: What did the CD look like? Was it packaged in anything? What was the file name of the video? Was that the only file on the disk?
This is the Video from the CD that 65if2007 so graciously uploaded to YouTube upon his return: http://www.youtube.com/watch?v=O3YWiLybc5c
A close investigation of the "Blair Witch" style video reveals a person wearing a mask.
Last night a new video appeared on the channel of BlllShepherd (very likely an Iamaphoney alias) called "The Mask" http://www.youtube.com/watch?v=hSbf799rTFM
The eerily blurry 15 second video is accompanied by backwards fragments of Led Zeppelin's Stairway to Heaven (heard as "Oh here's to my sweet Satan. The one whose little path would make me sad, whose power is Satan.") and the "Na Na Na" chorus of "Hey Jude" (interestingly corresponding to yesterday's post on this blog).
So, I wonder if there is anything else to be found in the suitcase. I believe that 65if2007 has found all of the physical items, but we need to do some creative thinking to find out if there is anything else of significance.
Send your thoughts, theories and insights my way of anything we might have overlooked.
91 comments:
- 65if2007 said...
*****He traveled from Louisiana (I believe) to California, seemingly unafraid of all the talk of serial killers and closely guarded secrets.*****
Not so far; not nearly so far. It was ME, as opposed to someone else, simply because I didn't live that far away to begin with.
*****the ghost of Doris Day*****
Singing "Que sera sera". That would horrify any sane man.
*****And he found the Briefcase. It must have been a great experience to reach down and feel that baby in your hands.*****
Remember, I was worried about snakes. I peered into the bushes first to see what I would be reaching into, so I SAW it before I grabbed it.
*****He has been cool about it, but his initial posts to Nothing Is Real shortly after the discovery gave away his excitement.*****
Those initial posts ("you didn't LISTEN, St. Paul") were based on RA 101, which was the video in during which Iamaphoney hid the briefcase in the first place. No one picked up on that. The initial reaction was that I must have gone crazy.
*****On top of that came the word that Iamaphoney sent a personal message to someone saying that there was more to be found in the suitcase, which might have caused 65if2007 to think that people were accusing him of holding back some things.*****
One of Iamaphoney's surrogates (it should probably be fairly obvious who, but I've chosen not to mention his name) sent me an email saying that he had been in touch with Iamaphoney, who had said to him, "Your friend is not telling you everything".
I suppose that could mean a number of things, but the implication was that I was holding back, and that is specifically what the surrogate asked me: if I was holding back.
That did upset me a little. Iamaphoney speaks in riddles for a period of time now that has extended almost two years; he tells his audience that one of us has to go on a scavenger hunt; his prize simply is another set of cryptic clues; and he says that I'M holding back????
Because I may not have found everything or known where to look for it? Because I can't follow Iamaphoney's own thought processes?
I did discover more on closer examination than I noticed initially, but I've disclosed it as I've discovered it, and that's a far cry from "holding back"
*****First of all, I don't think 65if2007 is holding anything back. I also don't think anyone suggested that he was.*****
I promise you that I'm not -- not on purpose anyway. If there's anything that I haven't talked about, it's because I haven't discovered it.
Iamaphoney's surrogate said that Iamaphoney said that I wasn't telling everything. I've since discovered and disclosed some writing/images that I've found in the briefcase itself. I don't know if that was the issue.
*****it means that there is more there than we are currently perceiving: not something hidden by 65if2007 from the rest of us, but something overlooked by all of us.*****
Maybe by me. But not on purpose.
*****This item appeared in the subsequent video Pete Best*****
A curious development. I didn't make that video, by the way.
*****The outer jacket also contains "ME"*****
I assume that those are simply the initials of Mal Evans. I certainly appreciate your clarification of "SUPERSTONE". I saw the YouTube video before you took it down.
Iamaphoney's request that you take it down is amusing, in light of (what is presumably) his own suggestion that I am holding back.
*****The final discovery from the suitcase that we know about is the CD. I don't know much about the CD. I would like to know: What did the CD look like?*****
Just a regular old CD. I can post a picture of it when I get home.
*****Was it packaged in anything?*****
I am pretty sure that it was not. I don't have a jacket for it, at any rate, and I don't think that I lost the jacket, though it's conceivable that I regarded it as trivial (stupid me) and lost it in the excitement.
But I don't think that there was a jacket. As I remember, the "Book of Law" was separate, and everything else was bundled in the brown wrapper.
*****What was the file name of the video?*****
I can find that out for you when I get home. It was not anything that I noticed as remarkable, or I would have mentioned it, but someone else might be able to attach a meaning to it.
*****Was that the only file on the disk? *****
Yes. I have checked the disk several times to be sure. Otherwise, I would have uploaded any other files.
*****Last night a new video appeared on the channel of BlllShepherd (very likely an Iamaphoney alias) called "The Mask"*****
I had not considered that video in relation to the video on the CD in the briefcase. I think that you are likely right that "BillShepherd", whoever he is (Iamaphoney or not) is saying that there is a connection.
In the light of day, it's hard to take the video on the CD in the briefcase at face value (i.e., as something that REALLY happened), but I watched it as soon as I got home from Los Angeles in the dead of night, and it was easy to be frightened of the images when watching the video for the first time when it's dark outside.
By the way, isn't that remarkable that Iamaphoney is talking to you as Crowley would ("do what thou wilt")?
And I'm curious as to why has he written to you and others directly and not me. Why shouldn't he write to me and DIRECTLY address me if he has something to say to me.
- April 4, 2008 at 8:52 AM
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Yeah, it was a good thing to do! and i like the fact that you can make everything clear for EVERYONE to follow... i always recommend this blog to anyone who wants to know the hidden things in the rotten apple series, and why they are there
===One writer even told him to go back to California to look for something else===
that was me, but i didn't told him to go back to california, it was more like i told everyone was free to go.. because there were people planning on going too besides 65if, and if they would be going they better check this too
- April 4, 2008 at 9:01 AM
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I can't thank you enough for the clarification and analysis.
- April 4, 2008 at 9:02 AM
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Thanks Mike. I appreciate your support and input.
- April 4, 2008 at 9:04 AM
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it sure looks like Paul's handwriting.
- April 4, 2008 at 9:09 AM
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on the Magic Christian record that is...................
- April 4, 2008 at 9:10 AM
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can't we get better high quality pics of the inside of the briefcase?????????????????
- April 4, 2008 at 9:11 AM
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65if; about that email i send you: i just want openness, and i know you do.. but after IAAP send me that message i thought: hmm okay, well maybe there was something in the suitcase that was very important and you didn't wanted it to show everyone. i knew you were telling the truth before that, and i also do now :)
- April 4, 2008 at 9:15 AM
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I think people need to chill about quality pictures and what not. I tip my hat to 65if for making the trek none of the rest of us did.
Honestly, if the case is Mal's, would you REALLY wanna slice the darn thing apart to find out if its holding more secrets? Plus its pretty hard to take a picture from inside of a brown leather bag.
- April 4, 2008 at 9:22 AM
- MikeNL said...
- April 4, 2008 at 9:37 AM
- 65if2007 said...
Tafultong, you are welcome.
Mike, you will simply have to ask iamaphoney for me if he still thinks that I'm holding back and what it is that he thinks that I'm not telling everyone and where I would find it.
Does he want me to slice up the briefcase? Does he want me to find an opportunity to find a phonograph and play "The Magic Christian"? What does he want me to do?
I'm not even going to press the issue of why he writes to you and tafultong and others directly but doesn't write me directly and instead chooses to address me through you.
I'm really reluctant to sit through the "Magic Christian". I assume that others have listened to it, including the inner grooves, before now, but I would PROBABLY do it, if specifically informed that there's something there.
Zakk, thank you for your support, and you have hit exactly upon what I am thinking.
It is VERY difficult to take a quality picture of a penciled drawing on soft fabric of the inside of a briefcase (again, it must have been even more difficult to create the drawings in the first place -- who did this and why?).
As Mike says, necessity required that I cut the strap.
But as both you and Mike have also pointed out, it would be a shame to cut up this briefcase any further and destroy it entirely simply in the HOPE that I might get a slightly better quality picture of handwriting that is cryptic anyway and doesn't itself provide any ultimate answers.
I'm not going to cut up the briefcase unless someone can convince me that it would really would be worthwhile to do so.
I have run my hands through it enough times to assure myself that there are no other papers or items hidden in the material. If I'm still wrong about that, Iamaphoney will have to specifically guide me.
- April 4, 2008 at 9:57 AM
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65, Is it possible the blair-witch CD is a mixed-mode cd? Have you tried it in an audio CD player (not in your computer)?
- April 4, 2008 at 10:45 AM
- 65if2007 said...
*****65, Is it possible the blair-witch CD is a mixed-mode cd? Have you tried it in an audio CD player (not in your computer)?*****
I did not know that there such things as "mixed mode cd's".
I will put the CD in question in an audio CD player when I get home.
- April 4, 2008 at 11:03 AM
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Tafultong, you should be ashamed of your censorship. The information wants to be free.
He's a phoney and your being his accomplice.
If he was dumb enough to tell too much in that video, I think we all have the right to know what it was.
I'm not trying to play this game.
If he had anything important in the PID world, why would he sit around and feed us this garbage for 2 years?
- April 4, 2008 at 11:06 AM
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If there is anything whatsoever of import in that bag, it has to be something physical. Think about it; why send people on a scavenger hunt to retrieve images and scrawls that he could just as well have incorporated into another video? It has to be something that IAAP couldn't convey through images or sound alone. Unless, of course, it's all for show, which I believe it is anyway.
- April 4, 2008 at 12:08 PM
- Anonymous said...
Its just a mindf*ck that Iamaphoney plays and everyone cares which inflates his ego.
Repost the video you deleted, Taf. If he had any sort of revelation don't you think he would have shared it by now?
After seeing the retarded video that was in the briefcase...
- April 4, 2008 at 12:12 PM
- Anonymous said...
On the NIR board, IAAP told Mikey that all the information anyone needs will be revealed on the iChat interview April 10 at 9:00pm. So what was the point of the briefcase and the countless videos? If this was a viral campaign for Macca, it didn't generated much interest (based on viewings). No doubt IAAP (and some other NIR folks collaborated on the series, and you can follow their clues from posts on NIR. It's a kitchen sink approach: throw up every image and related conspiracy theory hoping something will stick.
- April 4, 2008 at 12:47 PM
- Anonymous said...
Nothing will be revealed on the 10th. Just more stupid cryptic crap to keep everyone chasing their tails.
- April 4, 2008 at 12:53 PM
- 65if2007 said...
Anonymous, I've said this before, but it's worth repeating.
I ceased being an Iamaphoney "true believer" a while ago -- if I ever was one.
When I went to get the briefcase, I did so, not as a starry-eyed true believer, but because Iamaphoney has pretty much committed to a publicly-accessible "tell all" interview (to the extent of nine questions anyway) on April 10.
But he had conditioned that on someone retrieving the briefcase. Why did he make this condition? Why did he even dump the briefcase in the first place? I don't know. Probably just more mind games.
But I went and got the briefcase not because I thought that there would be anything earth-shattering in there and not because Iamaphoney commanded it but because I wanted to force his hand and MAKE him honor his agrement to submit to the interview.
So hopefully, I've done that, and hopefully, his interview of April 10 will take place and will be a productive one -- but I'm not investing any real emotional stake in that either.
If Iamaphoney doesn't come up with something solid on April 10, I for one will cease regarding him in any way as an investigator and start regarding him purely as an entertainer and that's how I think that others should react.
The fact is that Iamaphoney's videos are entertaining enough that he'll probably always have an audience -- it's just a question of whether the response he gets from that audience ever changes significantly.
- April 4, 2008 at 12:59 PM
- Anonymous said...
Well said, 65if. IAAP has painted himself into a corner and so the interview should be the end of everything if he has nothing earth-shattering to reveal. IAAP is reading these posts, and "they" know they have to produce something of objective value. How many times can we watch the same video clips reedited of some guy walking on Abbey Road for Pete's sake? It will be interesting to see how many remain loyal even if the interview winds up being another crypto-fest.
- April 4, 2008 at 1:05 PM
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How many Phoneys are to be expected?
- April 4, 2008 at 8:15 PM
- No said...
Tafulong. Fuck Iamaphoney REPOST THE DAMN VIDEO HE DOESNT WANT PEOPLE TO SEE! It must contain something.
He told you "Do as thou wilt", which, if you were human and wanted answers, would post it.. Not sit back and suck his fucking game and repress it..
Shame on you Tafulong. I guess you dont want anyone to figure it out do you, Iamaphoney?
- April 4, 2008 at 10:25 PM
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Same with that guy. Why do you hide it? Expose this fake!!!!!!!!!!!!!!
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20 Things to Do in the New Year
It's a New Year and you know what that means! Yes, it's New Year's Resolutions time! Get excited! Make some goals, plans some trips, take a good look in the mirror and remind yourself that, no matter what, this year will be the year of you! And hey, if one of your resolutions includes a little more you time in the form of retail therapy at Real Deals on Home Décor, we won't tell! ;)
If you're looking for a few New Year's Resolution ideas, here are a few that we've made for ourselves.
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It is worth the money, you are quite right.appledore wrote:The hedgehog poop was a bit on the soft side, probably from eating too much fat from someone's joint It costs us a fortune too for cat food (we have another little cat coming now, and he's beautiful) and nuts for the birds. It's worth it though
We buy bird food by the sack load. Our garage is full of food for our cat and the wild pets! I bought our cat some treats which he turned his nose up at, so they went out for the hedgehogs. You should have seen our cats face when I chucked them in the garden....ooooh if I let him out then, the little sod would have eaten them just so nothing else could!
Do you get woodpeckers? We get most garden birds, although never see woodpeckers. We feed sunflower hearts separate from the cheap stuff so we get the pretty birds like goldfinch. We have a robin which is almost friendly enough to hand feed, I just need to work on that once the weather improves and I can sit outside reading a good book and get him used to me. But he does come over and sit beside you, I just hope the cat doesn't turn up and scare him away if I get him to feed from my hand.
They do provide such joy birds do, I never tire of watching them.


text:
Saturday, February 20, 2010
Some SATURDAY Home Cooking at the Magnusons
50 comments:
- Kristie said...
Looks delicious!
I'm now "stalking" you - wait that doesn't sound right...following you, yeah that's it!
- February 20, 2010 at 4:43 PM
- Morissa Sweeney (SCS - stampinsweeney) said...
Thanks for using my recipe! I'll have to try adding chicken to it. Looks delish! As Rachel would say, "Yummo!"
- February 20, 2010 at 4:56 PM
- Misti said...
I have you on my google reader!! My Saturday night go to is what we are eating right now! Homemade pizza!!! My kids actually prefer it to eating out sometimes!!! Sometimes we just crave Godfather's Taco Pizza, but for tonight it's HOMEMADE!!!
- February 20, 2010 at 4:57 PM
- angelanne21 said...
Looks delicious! My favorite Saturday meal is chili with lots of beans, served with rice and cornbread made with bacon and Cheddar cheese. Definitely not a low fat meal, either! Debbie
- February 20, 2010 at 5:00 PM
- Dani said...
That looks soooo yummy! If I made it I would be the only one eating it. :( No one else in my house will touch a mushroom! LOL!!
Saturday night at out house is our 'at home date night'. We feed the kids and then put them to bed a little earlier. Then I fix a special meal meal for Hubby and I. Tonight it is homemade fries (with my special seasoning) and wings!
- February 20, 2010 at 5:00 PM
- Ashley Nguyen Newell said...
That looks soooo good! I will have to try it!
I follow you, Angela. I'd follow you anywhere!
- February 20, 2010 at 5:01 PM
- StampinCathy said...
Looks really good. I'm one of your stalkers....I mean followers.
- February 20, 2010 at 5:09 PM
- Julie Campbell said...
Mmm! This looks good! :)
Last night, I made Pioneer Woman's Cajun Chicken Pasta. It's to die for. Seriously. Make it. Need I say more? ;)
- February 20, 2010 at 5:15 PM
- BonnieRose said...
of course I'll be a follower.. wud love this set.. and omg.. that all looks so good.. wow ur camera musta been so busy while u were cooking to get all that down.. wow! Thanks for all you do for all of us.. u are so loved. xo
- February 20, 2010 at 5:17 PM
don/t you just love when a recipe comes together?? yummy
mary t
- February 20, 2010 at 5:43 PM
Looks way good!! I love how Chris ALMOST put down the wii controller to eat...that's how we do it around here too :) Gotta LOVE saturday's!
- February 20, 2010 at 5:44 PM
- Lori Renn said...
Look at you go girl! I thought I was on the Pioneer Woman's blog! I so hear ya about the magnitude of boys. I'm drownin' in the testosterone. I so love to cook and I want that stamp set!!
- February 20, 2010 at 5:46 PM
- Lori Renn said...
Oh, and yes, I will follow! (how funny that my dog lays on my feet while I'm trying to cook too!!)
- February 20, 2010 at 5:52 PM
- Lindsay Spencer said...
That looks delish!! I love to do soups on Saturday night. Just did a wonderfully fattening potato soup last weekend.
- February 20, 2010 at 5:54 PM
- Tracey said...
Oh my goodness, that looks delicious!! Thanks for sharing the recipe. I may need to try it out!
- February 20, 2010 at 5:58 PM
- Txangel528 said...
OK that looks really good I will have to try that one! Second love the picture of Chris eating with the Wii remote still attached to his wrist!
Our favorite Saturday night meal is Pizza. Easy and the kids love it!
- February 20, 2010 at 6:19 PM
- Devin said...
- This comment has been removed by the author.
- February 20, 2010 at 6:20 PM
- Vanessa Middleton said...
That looks sooo delicious... and way better than the McDonald's I ended up eating tonight! LOL I don't usually cook on the weekends because my oldest is with his dad and my hubby sometimes works til 10. I will definitely have to try that recipe some weeknight! :)
- February 20, 2010 at 6:22 PM
- stampjourney said...
Looks absolutely delicious! Much tastier than my "meet your fiber requirement" apple. Happy weekend!
- February 20, 2010 at 6:25 PM
- JenMarie said...
omGOSH this looks YUMMY!
LOVE all your pics!!
- February 20, 2010 at 6:36 PM
- take a little piece of my art said...
This looks delicious and just in time to start my diet....AGAIN...NOT!!! I'm always saying I'll start it tomorrow and then I see this wonderful, mouth-watering recipe that is a MUST try!!! MMMMM!!! Oh well, I'll just have to burn off the calories by stamping!!!
- February 20, 2010 at 6:44 PM
- take a little piece of my art said...
OH!!!! And I forgot to say that I don't have a Sat. night meal tradition but I had a box, YES a BOX of mac n' cheese!!! UGH!!!!!
- February 20, 2010 at 6:47 PM
- Latisha said...
that does look good!
we had spaghetti and meatballs for dinner, love pasta dishes
- February 20, 2010 at 6:56 PM
- Jamie said...
Love this stamp set!!! Thanks for the chance!!
- February 20, 2010 at 7:53 PM
- Carolina said...
Yummo! Awesome step-by-step pics. I make something similar and it's always a hit. For us, Saturday, is going out night...tonight was Greek food. So excited you're posting on your personal blog more...so fun!!!
- February 20, 2010 at 9:32 PM
- Jodi C. said...
This Looks GREAT!!!! LOVE your step-by-step,THANKS!!!! I have to use a little less for my daughter and I, you think??!!:)
Our FAV Saturday Night feast is PIZZA, YUM. Then some GOOD DESSERT!!
- February 20, 2010 at 9:59 PM
- Luluuk said...
that recipe looks lovely - I'm licking my lips just thinking about it!
- February 21, 2010 at 12:17 AM
- NinaB said...
I make a version of this regularly. We love it! When I have a big crowd (10 or more) to feed. I mix the sauce and pasta, put them in a casserole dish, sprinkle with parmesan and mozzarella, then bake in the oven until the cheeses melt. I'm lazy - I cook everything in one pan (except the pasta) :-).
- February 21, 2010 at 1:28 AM
- Kelly Landers said...
This looks like it came from Macaroni Grill (and that's a compliment!) I had to laugh too at the dog at your feet while cooking. That's where you'll find our Tasha too! I am enjoying coming to your blog!!
- February 21, 2010 at 5:43 AM
- Carole said...
Great recipe! Loved your step-by-step pics, especially the be careful not to step oo the dog one. My dog is happiest at my feet, hasn't quite figured out that may not always be the safest spot for her! LOL! I'm happy to become a follower!
- February 21, 2010 at 5:53 AM
- Scrappycath said...
Yummy! The recipe looks great! And so does that stamp set! I'm now following you!
- February 21, 2010 at 6:08 AM
The chicken recipe looks yummy. My favorite Saturday night dinner is anything take-out. I cook almost every night and deserve a break on Saturday.
- February 21, 2010 at 6:48 AM
- Stephanie said...
Wow! This looks absolutely Yummy! I'm definitely going to try this recipe this week! Love the pic of your Co-Chef Jacob!
- February 21, 2010 at 7:18 AM
- Jen said...
I'm already a follower!
I love when I visually see the outcome of a recipe, but to show the steps was awesome Angela! This type of dish is usually wonderful the next day too (that is IF you have any leftovers)! And Jakob is too cute! I have two labs, Latte and Layla, and they come in my kitchen and lay around there too.
- February 21, 2010 at 8:01 AM
- Savannah O'Gwynn said...
wow--thanks for the pics and recipes...I am an OK cook--but I think this would make my husband's mouth water....kind of reminds me of the very first Unity card that I created (it was for BroWeek)...it had a recipe and the Proverbs quote "The way to a man's heart is through his stomach." HA--love it:) THANKS!
- February 21, 2010 at 11:11 AM
- lynn said...
this looks very yummy! we will try it!
my mastiff sprawls across my kitchen floor, just like jakob!
- February 21, 2010 at 11:22 AM
- Heather said...
COUNT ME OUT OF THE WINNINGS...but I just wanted to say WOW! LOVE the recipe! Am gonna try this one this week! Thanks for the inspirational cooking! Hugs cutie cutie!
- February 21, 2010 at 12:43 PM
- Amber (bambi64) said...
Yummy recipe. Looks like something i've made before but I'll still try it. Favorite Saturday night feast... well I don't usually cook on Saturdays, it's my day off so it's usually leftovers from the week or a quick snack food (chips/cheese, quesadillas, something like that). Can't wait to see what recipe you'll put up next.
- February 21, 2010 at 2:07 PM
- Angie Blom said...
Yummy Angela.. it looked so good and love the random photo's of Christian, the dog laying right by the stove and of course you (beautiful lady). I have a recipe blog too if you want to try it out.. my favourites are all there.
Oh I am sure to follow you around.. haha
- February 21, 2010 at 4:08 PM
- Carol said...
We are really into eating grilled salmon right now, with a simple side of veggies and maybe some brown rice, accompanied by a glass of wine, of course.
- February 21, 2010 at 5:33 PM
- Cassi said...
homemade pizza or lasagna
- February 22, 2010 at 8:44 AM
- StacyC said...
Saturday nights are always a modge podge dinner... It's usually just dh and I....
- February 22, 2010 at 10:21 AM
- Karen said...
Is that a Wii remote Chris is holding while eating that yummy looking pasta?!?!?
- February 22, 2010 at 7:13 PM
- Michelle (mla1111) said...
That looks yummy! TFS! My kind of saturday night meal would definitely be a big bowl of yummy pasta with some awesome warm garlic bread!!! I am a pasta lover!
- February 22, 2010 at 7:54 PM
- Stephanie said...
Angela I tried your version of this recipe last night (minus the mushrooms cause I'm alleric) and it was a hit! Thanks so much!
- February 23, 2010 at 8:11 AM
- Charisma3103 said...
You are so beautiful and what a handsome hubby you have.. I definately may try this recipe out.. My favourite Saturday night feast hmmm that would be tough to decide I'd have to say whatever is quick and easy to cook with all the men in my household to... I am now a follower of your blog...
Janie Boots
- February 24, 2010 at 5:23 PM
- Linda said...
angela hello
I am glad hip hop back I am sure how to leave comment untiy blog for you anymore.... so please tell me how? Becuse I don't you picture untiy. So I posting here lol thanks, hotwheels
- April 1, 2010 at 6:37 PM
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Sunny days are amazing when you're in the mood to get out and ENJOY life! But cloudy days are a good excuse to stay in and cook and snuggle ;) Love how puffy and cheesy this quiche looks. yuuuuum! Techlazy.com Crazyask.com Howmate.com
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We started today with watching an episode of Blue's Clues called "Pajama Party". It can be found on Blue's Biggest Stories DVD. It is a fun episode gives a great overview of why we have night and what we do at night time. We talked about these things after watching the video and talked about what we do to get ready for bedtime.
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BOSTON — A special legislative commission will recommend today that the state establish a catastrophic event fund in the hope of lowering home insurance costs, but the group will stop short of calling for public storm modeling, according to a copy of the commission's report obtained by The Standard-Times.
BOSTON — A special legislative commission will recommend today that the state establish a catastrophic event fund in the hope of lowering home insurance costs, but the group will stop short of calling for public storm modeling, according to a copy of the commission's report obtained by The Standard-Times.
Instead, the Legislature will be asked to appoint an independent panel to study the accuracy of storm models, which have been considered the private property of insurance companies. The storm models are believed to be the driving force behind the surge in insurance premiums and the exodus of private insurers from Cape Cod and SouthCoast.
The independent body would report back to the state.
The panel did not recommend caps on increases by the FAIR Plan, as called for by coastal lawmakers. The FAIR Plan is the state's home insurance of last resort for people who cannot get coverage in the private market.
The report is drawing a mixed reaction from Southeastern Massachusetts legislators.
Sen. Robert O'Leary, D-Barnstable, and Rep. Eric Turkington, D-Falmouth, joined with Attorney General Martha Coakley's office and consumer advocates to file a dissenting report.
"Although we concur with many of the recommendations of the commission," the dissenters said, "... it is imperative that we take immediate steps to protect consumers beyond those endorsed by the majority of the commission."
The dissent called for storm models to be reviewed publicly before rates can be increased by the FAIR Plan or private insurers. The Attorney General's Office also wants authorization to do its own public storm model to use as a comparison in FAIR Plan rate hearings.
"The commission's report does not go far enough to ensure that these models receive the review necessary to determine their accuracy or reliability," the legislators and Attorney General's Office said in the dissent.
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Florida has a public storm model to be used for comparisons. It also reviews and certifies private storm models, though specific information is not released to the public.
The "Special Commission to Review the Current State of the Homeowners Insurance Market in the Commonwealth" is scheduled to release its report today in a press release.
The recommendations of the 16-member commission will be forwarded to the Legislature for action next year. The group, which was created by law in last year's state budget, included Insurance Commissioner Nonnie Burnes, the Attorney General's Office, state legislators, consumer groups, and representatives of the insurance and re-insurance industries.
The commission included Sen. O'Leary, who supported the catastrophic fund, Rep. Turkington and Rep. Susan Williams Gifford, R-Wareham. The formation of the commission was backed by Senate President Therese Murray, D-Plymouth.
The insurance industry has blamed high costs on the re-insurance industry, which backs them up in a disaster. And the re-insurance industry blames it on new storm models that show a much greater financial exposure on the coast, largely due to development.
But critics say the storm models may be overblown, and may not be specific to Massachusetts.
On the Cape, about 50,000 homeowners, more than 40 percent of the market, are now enrolled in the FAIR Plan. The FAIR Plan is requesting a 25 percent rate hike on the Cape and Islands and much of the SouthCoast.
The so-called CAT fund is modeled on one in Florida. It would create a tax-free state fund, to be paid for by the state and private insurance companies, to give insurers a cheaper option to buy reinsurance.
Under Sen. O'Leary's proposal, the state would borrow $7.5 million annually for two years to build the fund, with insurance companies providing the rest. The fund would grow to $5 billion to $6 billion in a decade.
While a majority of the commission backed the CAT fund, three members from the insurance industry filed an opposing view. They included Robert Cordner of One Beacon Insurance, Christopher Mansfield of Liberty Mutual and Andrew Castaldi of SwissRe.
They said information gathered by the commission "clearly demonstrated that a catastrophe fund places an unfair burden on those not at risk, does little to address the fundamental causes behind the homeowners' concerns, and will not result in more affordable insurance, particularly for those in need."
"More importantly, we do not believe that a castastrophe fund will lower premiums for coastal homeowners," they said.
In its report, the commission said insurance companies should be given an incentive to write policies on the coast, including a lower contribution to cover FAIR Plan shortfalls. It recommended ways to make it easier for consumers to comparison shop for home insurance. It also endorses a proposal backed by U.S. Rep. Barney Frank, D-Mass., to have the federal government back up shortfalls in state CAT funds.


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A: Tell me about yourself. How long have you lived in San Francisco?
B: I've lived here about four years. How about you?
A: I haven't been here as long as you. I arrived two years ago.
B: A lot has changed in my neighborhood since I got here.
A: How long have you been attending classes at this school?
B: I've been studying English for the last two years.
A: I started studying English a week after I got here.
B: How do you feel about your progress?
A: I feel pretty good about it. I've learned a lot in the last six months.
B: I haven't been able to come to class every day.
A: Neither have I. My work schedule changes every month.
B: I didn't know a word of English when I first got here.
A: I had studied some English in High School before coming to the U.S.
B: My only English class has been at Mission Campus.
A: I'm not fluent yet. I need more reading and writing.
B: Have you studied other languages besides English?
A: No, I haven't studied any other languages. It's all brand new to me.
B: Do you have any brothers or sisters?
A: I have two older brothers. They live in LA. I go down there and visit them every now and then.
B: I haven't been able to visit my relatives in Canada.
A: It takes time and money to go on a trip.
B: Yes, it does. If you drive, it takes a lot of time. If you fly, it's expensive.
A: You have to be able to afford the trip. It's not easy.
B: We seldom get two consecutive days off.
A: My brother Ray is working in computers in LA.
B: Really? What kind of computer job does he have?
A: He's been repairing computers for quite while. He's gotten several promotions.
B: My sister's husband is an engineer.
He makes pretty good money too.
A: I'm considering studying computer repair here.
B: Oh, do they offer a program in repairing computers at Mission Campus?
A: Yes, they do. They have a certificate program.
B: Do they place graduates of the program in jobs?
A: Yes, they do. If you're interested in electronics, you should check it out.
B: I haven't had a chance to look into all the possibilities.
A: I was telling you about my family. My brother Bill is a teacher.
B: My sister is a teacher also. She teaches in grade school
A: How long has your sister been a teacher?
B: She hasn't been a teacher for a long time. Only four years.
A: Yes, my brother has been a teacher for about that long.
B: My sister Anna hasn't been teaching for a year.
She's been taking care of her new baby.
A: Was she able to get a maternity leave?
B: Yes, she was. She'll be able to return to her job in a year.
A: I might have to go down to LA next week.
My brother is moving and needs my help.
B: How long do you think you'll be gone?
A: I might be gone for a couple of weeks.
B: Will your employer excuse you from your job?
A: Yes, he agreed to give me time off in exchange for extra hours.
B: I asked my boss for only a couple of days off, and she
said she'd think about it.
A: It's a shame the boss is in such a bad mood.
B: I agree. I wish she were in a better mood.
A: Me too. I was hoping I could ask her for a couple of days off.
B: It looks like that's out of the question.
A: I wanted to go to Sacramento. My niece is getting married there. I wanted to attend her wedding.
B: The boss is under a lot of stress right now.
A: Will you be able to go to your niece's wedding?
B: Yes, the boss finally agreed to let me go.
A: That's great. She really is a very fair person.
B: I know. It's just that sometimes she's stressed out.
A: Right. The best thing is not to take it personally.
B: I promised her that I'd do some work on the train.