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Up 50% Already, This Stock Could Be The Dow's Biggest Gainer Of 2014
In the search for value, it pays to focus on stocks that have performed poorly yet have catalysts for a long-awaited upward move.
That approach led me to aircraft maker Boeing (NYSE: BA) last autumn.
The company's stock had been trading nearly 40% below its pre-crisis peak, even as many other Dow components had already moved back up to levels seen back in early 2008.
My suggestion that Boeing could be the best rebound stock in the Dow was on the mark, as shares have risen 66% since then, compared with a roughly 15% rise in the Dow Jones Industrial Average and the S&P 500 index.
|Copyright 2013 © Boeing
| Boeing appeared poised to deliver roughly 120 Dreamliners (787s) a year by mid-decade. Arment thinks that figure now looks conservative, predicting the company will crank out 160 by 2016.
The "bottom-fishing" angle for Boeing has likely played out — but that doesn't mean it's time for profit-taking. In fact, Sterne Agee analyst Peter Arment sees an additional 40% upside ahead.
In general, I tend to steer clear of analysts' price targets as they are often based on near-sighted assumptions and typically fail to reflect multi-year growth drivers and challenges. But in this case, Arment backs up his $164 price target with a very cogent analysis, worth reflecting here.
First, let's get the bad news out of the way. Boeing is a leading defense contractor, and the company's revenues from Uncle Sam are expected to shrink, from $32.6 billion in 2012 to $26.5 billion by 2016. Operating profits in this segment are also expected to fall roughly $500 million, to $2.5 billion by then.
But it's the commercial aircraft segment that keeps getting stronger. As I noted in my look at the company a year ago, Boeing appeared poised to deliver roughly 120 Dreamliners (787s) a year by mid-decade. Arment thinks that figure now looks conservative, predicting the company will crank out 160 of the high-margin fuel-efficient planes by 2016.
In addition, the analyst notes that Boeing has been building a strong order book for its 737-MAX, an upgrade to the 50-year-old workhorse, which is expected to enter production in 2017. Boeing already has more than 1,500 orders in hand for the plane, thanks to simulations that show the 737-MAX burns less fuel than comparable Airbus offerings.
"Outside the soft cargo market, global demand remains healthy and resilient given requirements to replace aging fleets, satisfy emerging growth regions, and add more fuel-efficient aircraft to existing fleets," Arment predicts.
By 2018, he thinks Boeing will be producing 800 planes annually. That's up from 500 in 2011 and 600 in 2012. And that kind of growth will have a direct impact on profit margins and free cash flow.
Source: Sterne Agee
Arment thinks Boeing's operating margins won't surge until later in the decade when both the 787 and 737-MAX are being produced in high volumes. The gain of roughly 4 percentage points in operating margins from 2016 until 2020 isn't merely a guess. We know how much it costs for Boeing to make a plane, and we know the average selling price of these planes, so barring a major economic slowdown, Boeing should be able to meet these targets.#-ad_banner-#
Rising margins in the commercial aircraft division should help fuel robust growth in free cash flow. Arment sees it rising from $4.9 billion this year to more than $10 billion annually by later this decade. And that spells greater shareholder returns.
In recent years, Boeing's dividend has suffered from benign neglect rising from around $1.60 a share in 2008 to a current $1.94, which is a 4% compound annual growth rate. Boeing is lavishing more attention on buybacks, with a current plan calling for $1.5 billion to $2 billion in further buybacks underway.
But as the share price rises higher, buybacks make less sense, so Boeing may look to more aggressively boost its dividend in coming years. Applying $5 billion of its annual free cash flow to its dividend would boost it to roughly $6.50 a share.
So how does Arment arrive at his $164 price target? By applying a 12 times multiple to projected 2015 free cash flow. Frankly, that seems a bit aggressive, as most large-cap stocks rarely trade for more than eight or nine times forward free cash flow. Arment's view: that target multiple is justified "given peak free cash flow generation is still two years later in 2017."
Here's how you should look at it. You can either follow the lead of other analysts who will steadily bump up their price target with each passing year, until they too have $160 or $170 price targets a half decade from now. Or you could simply focus on Arment's long-term view — and buy shares now before they begin inching their way higher.
Risks to Consider: There's a decent chance that the global economy will face a major slowdown at some point in coming years, which will push shares of Boeing temporarily out of favor.
Action To Take–> I love this kind of stock recommendation from a Wall Street firm. It shows a far-sighted view that gets away from quarterly earnings analysis, and is backed up with solid evidence. Few companies have such a tremendous backlog in hand as Boeing does, giving the company a leg up in terms of long-term predictability and visibility — which investors crave.
P.S. — Every year StreetAuthority comes out with a list of the best stocks to own for the upcoming year. These picks have gained up to 159.9% in the past — and this year's group could be the best yet. Click here to get all the details.


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come out of your shell
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come out of (one's) shell
To become more outgoing. Usually said of a shy or introverted person. Wow, Anna has really come out of her shell lately. I remember when she wouldn't even talk to anyone, and now she's likely to be voted "Most Talkative."
come out of one's shell
To be or become less shy or reticent and more sociable, outgoing, or enthusiastic. Samantha was quite a quiet girl growing up, but she really started coming out of her shell in college. Jack is actually a very funny, engaging guy when he comes out of his shell.
come out of your shell
COMMON If you come out of your shell, you become less shy and more confident. She used to be very timid and shy but I think she's come out of her shell. Note: You can say that someone or something brings you out of your shell when they cause you to be less shy and more confident. I think the job has brought her out of her shell. Note: You can also say that someone goes into or retreats into their shell, meaning that they become more shy and less confident. He went into his shell as he got older, seeing less and less of his friends. Note: The image is of a snail or shellfish, both of which go into their shells for protection.

subset: commoncrawl


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Retirement is looming for the "transition boomers"—those ages 55 to 65—but a third of them are unsure how much they will need to cover their basic living expenses, according to the Transition Boomers and Retirement Income Survey from Allianz Life Insurance Co.
The survey also found that one-quarter appear to be uninformed about the effects of inflation and more than 40% may not have a realistic idea of when to start planning.
"It's alarming that so many boomers on the cusp of retirement are still unclear about the basic factors which determine their ability to fund their lifestyle once they stop working," Allianz Life President and CEO Walter White said in a statement. "When you consider rising health care costs and the devastating effects of inflation on purchasing power, the fact that so many transition boomers are still confused about retirement income planning is a significant issue which urgently demands more education. Allianz Life developed a new planning framework, the Four C's of Successful Retirement Income Strategies, specifically to help boomers tackle these challenges."
Of the one-third of transition boomers who indicated uncertainty about their retirement income needs, 64% were ages 55 to 60 and more than one-third (36%) were between 61 and 65. When asked about their biggest concerns in retirement, 28% of transition boomers cited "not being able to cover basic living expenses."
While health care costs ranked as the biggest retirement concern at 32%, only 10% of respondents picked keeping up with inflation and only 6% called taxes in retirement as a top concern.
To illustrate the threat inflation poses to retirees, respondents were asked to predict the cost of a loaf of bread in 2022 (based on today's average price of $2.50). While 75% predicted the cost would double to $5 in 10 years, 25% showed unfamiliarity with inflation and the effect it can have on purchasing power in retirement.
Asked about expected sources of income in retirement, the majority of transition boomers (94%) said they expect Social Security to play a role in their retirement income, followed by pension plans (46%), defined contribution plans such as 401(k)/403/457 plans (43%) and "other investments" (30%). However, 30% indicated they expect some retirement income from part-time work and 20% anticipate income from either an inheritance (9%) or "other sources" (11%).
"Although many boomers say they'll work in retirement, studies show that many may have difficulty doing so due to layoffs, health issues or the need to care for other family members," said Allianz Life Vice President of Consumer Insights Katie Libbe. "When only 14% say they can count on guaranteed income from an annuity and 20 percent expect an inheritance or income from 'other sources,' it's crucial for transition boomers to start thinking and talking about retirement income issues as soon as possible." Many transition boomers may not start planning far enough ahead to be able to make strategic choices about retirement income, Libbe said. According to the survey, 43% say they will not focus on retirement income strategies until they are less than five years from the start of retirement, with 16% waiting until six months to one year prior.
There are bright spots to the survey results. Of the 43% of respondents that indicated they will use income from a defined contribution savings account (e.g. a 401(k), 403(b) or 457 plan), the majority (57%) said they have spoken to someone about what to do with that money once they retire. Of those, nearly three-quarters (71%) said the conversation was with a financial professional (advisor, attorney, etc.).
The Four C's of retirement planning will be discussed at the Retirement Income Symposium in Boston, Oct. 4 – 5, 2012.
Read The Four C's of Retirement at AdvisorOne.


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From Taiwan to Ottawa, from Los Angeles to London, professors and students who are in sexual congress with each other have become fair game for those wishing to engage in unrestrained sexual bigotry. By sexual bigotry, I am not referring to those who assert that such relationships may or do represent some form of conflict of interest, but rather to those who who degrade and demean and dehumanize both the involved professor and the involved student.
The dankprofessor finds it difficult to accept that academics find it to be OK to refer to their colleagues who have dated students as scum and disgusting and to imply that they are rapists or statutory rapists. But what I even consider to be more disturbing is that hardly any academics on the sidelines come forth and challenge the acceptability of using such degrading rhetoric. When such challenging does occur, it is likely to be of the anonymous kind.
One anonymous professor commenter recently stated on the dankprofessor blog- "It's pretty darned hard for me to look into the eyeballs of my older male colleagues and tell them that they AND their wives are scum." The commenter is referring to older professors who had married one of their students. I would hope and expect that addressing or thinking about a colleague, senior or otherwise, as scum would not exactly be easy, particularly on a continuing basis. It wouldn't be easy since continuing personal contact would most likely function to humanize and normalize the targeted professor. Having the targeted professor as a predatory alien existing outside of our everyday lives facilitates for some a commitment to the imagery of the professor as a sexual outsider. The accompanying imagery of the female student is usually that of a non-person (she is often anonymous and socially invisible) or that of an exploited child who cannot fend for herself. She is usually seen as not having the ability to consent even if she states that she has consented.
For a professor to come forward and risk the stigma being seen as a sexual outsider and also being terminated as a professor has pretty effectively put these professors in the campus closet. And those who may come out and support the rights of professors and students to consent to a sexual relationship with each other will frequently lead to others as seeing the supportive professor as being one of those professors. And such was the situation in the past for gay men and lesbians. Gay men and lesbians existence depended on their ability to be out of sight and out of mind, to live closeted lives. Of course, the irony is that as gays came out of the campus closet, said closet then came to be populated by professors who were or had been in sexual congress with a student or students.
The answer for gays was coming out of the closet. If there is to be a ceasefire on professors in sexual congress with students, it will occur because these professors and others who support these professors will come out. It will occur when these professors and their supporters will be able to effectively deal with their fears. And it is both fear and loathing that has dominated the social sexual climate at all too many campuses.
A small step forward could occur if student professor relationships would become a part of campus sex education weeks. Organizers of these events advocate openness in terms of sexuality but when it comes to campus sex of the genre referred to here, there is no openness, there is nothing. Of course, nothing can be better than something when the something only includes rants against so-called offending professors.
Another small step forward would include recognition of how the anti student professor sex movement, has impacted on campus friendships
between students and professors, how such has led to increasingly impersonal campuses. It should lead to the recognition that many professors and administrators have come to realize that anyone, irrespective of their behavior, can become labeled as a so-called sexual deviant. Professor open door policies are no solution to the paranoia on campus, particularly when third party informants are encouraged to come forward.
Under the mantel of a so-called professionalism, sexual bigotry, sexual
policing, sexual paranoia has become a dominant reality in campus life.
And as in all authoritarian states, the persecution most often occurs in secret; secrecy is rationalized under the guise of this being a "personnel" matter. Again, the closet carries the day.
And the dankprofessor asks these questions of the readers of this post.
Are you a professor or administrator or a student who might agree with the dankprofessor in whole or in part, but you feel you can't speak out because of fear? Might you attempt to overcome your fears by emailing the dankprofessor at email@example.com or posting a comment, albeit anonymously on this post?
25 Comments »
Campus administrators have their backs against the wall in matters of alleged sexual harassment, and unfortunately, too many faculty-student relationships end as work for university lawyers. Also, I've been consulted by young women who have heard "The only way you'll get an 'A' in this course is by spending the night with me" when they asked a male professor why their grades were lower than those of other students who'd gotten the same number of quiz answers right. So although I share your penchant for openness on campus, I'd like to know that we can draw a line between relationships that pose risks to the institution and those that do not. I think a sexual relationship is imprudent in cases in which a professor evaluates a student academically or is in a position to influence the student's academic progress, for example, by serving on a grad student's committee. When one person has power over another in such ways, mutuality and reciprocity are not really possible between the two.
But I must agree with you about the atmosphere of paranoia in academia. I recall once closing my office door when a male student I was talking with about his grades began crying and telling me about his horrendous family situation. A group of colleagues took me to task afterward for speaking with the student (nearly 40 years younger than I was) behind a closed door in defiance of the "rules" designed to protect the college from charges of sexual harassment. Policies like the oppressive open-door rule have become another excuse for authoritarianism in post-secondary education.
Comment by Máire | November 2, 2010 |
Great response, dankprofessor, to a semi understanding Maire!
Nobody can dispute that a "sex for grades" scheme would violate sexual harassment policy, and should be dealt with! The existence of a sexual harassment policy gives non participating students a means to redress their grievance. Thus, there is no need for any blanket "dating ban". As I always say, such "rules" violate both the professors' & students' Civil Rights, and also Constitutional Rights, if the school is a public institution!
Comment by Donald Visconti | November 2, 2010 |
OK, let's say that you can convince me that consensual relationships pose no risk of liability. What about my point about the absence of mutuality and reciprocity in a relationship in which one partner has the power to control the academic progress of the other? If you've read Freud's work on Group Psychology and the Analysis of the Ego, have you considered the role of a psychoanalytic dynamic in such relationships? Willingly or not, the professor is an authority figure to the student. We begin to succeed in educating when students identify with us as scholars or critical thinkers or people who pursue the life of the mind, or whatever. And as in parenting, the student's identification or need for the authority figure's approval comes to an end as he or she becomes self-sufficient in the content or skills of the academic course–again, if the educational process succeeds. I can imagine a consensual sexual relationship following such a process, but not existing simultaneously with such a process. "Consent" is not consent when a student is under the influence of a professor even if the student is an adult because the student needs the professor in ways that the professor does not need the student.
Comment by Máire | November 2, 2010 |
You are wrong!!
The psychologist/patient relationship is unique, in that the patient is EXTREMELY vulnerable, and the shrink is in a position to manipulate. For example, the psychologist can give the patient advice that would make him/her look good, but which would not be in the best interests of the patient.
I'm tired of characterizations of professors being "parents",and 18 year old + students being akin to young children! Similarly, no such relationship exists at work, between an employee and his/her manager. Would I revert to a child, unable to consent to going out with my department manager, if she was unmarried?? I might even approach her! I wish you and others would stop using the infant/parent analogy, where different status levels exist, as these are erroneous feminist myths!
Comment by Donald Visconti | November 3, 2010 |
Novalis Lore,
Thanks for the compliment!
Your analysis was superb, concerning Maire's interpretation of "consent". I brought up the psychologist/patient relationship for 2 reasons:
1) Maire did refer to Freud's work on Group Psychology and the Analysis of the Ego. I haven't read it, but assumed it relates to psychologist/patient relationships.
2) The shrink/patient relationship is one of 2 professional relationships where I can understand the deferring of any romantic involvement. The way I understand it, a PSYCHOLOGIST can date a former patient, 2 years after the day of last treatment, without professional culpability. This is so, since the patient is no longer considered to be in the vulnerable state she/he was, during the therapy sessions. I also understand that PSYCHIATRISTS have a stricter standard.
The other professional relationship, where it would be wise to defer dating is, of course, the high school teacher/student relationship. When the student is 18 and has graduated, no "disciplinary action" should be enacted, against the teacher, if the two start seeing each other. I believe this principle is widely accepted.
Comment by Donald Visconti | November 3, 2010 |
Yes, of course love transcends categories such as "student" or "professor." And I would not suggest that the needs of lovers for each other should belong to the same category of need, but I am sensitive to inequality of (dare I use the word?) power or ability to control in a relationship. The student's need for the approval (i.e., "love") of the professor AS professor can be both deep and transient. What happens when this need passes? Maybe a relationship of equals follows, maybe not. But while that need is present, it is impossible to tell. This concern does belong to a feminist perspective which I do not think is entirely mythos. If I recall correctly, Elizabeth Grauerholz (sp.?) did some empirical work on such inequalities in intimate relationships. They are real, and they are problematic.
Comment by Máire | November 5, 2010 |
Dank Professor, I and the AAUP, last time I checked, agree with you that the institution should not be trying to control personal relationships. Probably, if we all thought about it, we'd agree that the relationships we formed during college/university years were the most shaping, inspirational, intense, and redolent of freedom of any we've had in our lifetimes.
Notice that in my comments about power in personal relationships, I was not arguing that unequal power relations comprise a reason for post-secondary institutions to ban professor-student relationships. Just as earlier I used the word "imprudent," I would argue that unequal power relations have something to do with personal ethics and to a much more limited extent (being reluctant to create difficulties for one's colleagues, for example), professional ethics as well. I absolutely abhor authoritarian approaches–feminist or any other–to professional ethics. When I wrote of the professor being an authority figure to the student, I never meant to suggest that the institution should exercise authority over relationships as a way of dictating professional ethics. The relationships you write about are personal matters. I would like to see the post-secondary teaching profession maintain an open dialogue on such questions. My contribution to the dialogue would be something like this: I do not think of a friendship with unequal power structure as being a durable friendship. I also find it too constrained by that structure to accommodate much psychological intimacy. It might have intensity, passion, empathy and other great features, yet I could not place it at the center of my life. But power structures can change, and when a relationship becomes more equal, all sorts of possibilities emerge.
Comment by Máire | November 5, 2010 |
I am heartened by your displeasure over authoritarian administrators attempting to meddle into the personal, off campus activities of students & professors. I agree that all concerned should use good judgment, and not take advantage of the other.
I am also pleased to hear that the union, AAUP, agrees that this authoritarianism is wrong. I look forward to reading of a court case where AAUP successfully sued on behalf of a professor, who was fired, or otherwise disciplined over something like consensual dating.
As I am not a teacher, I think this is how I would approach a female student, who I wished to go out with:
1) She would have to be at least 21, and preferably older, as I am a never married baby boomer.
2) We would have to have some good vibes between us. In other words, I wouldn't say to her, "Would you like to go to dinner tonight", if we had only related to each other on a totally perfunctory level.
3) She would have to be a good student, who would not be in danger of flunking out of the college. The smarter she was, the more confident I would be that she was not a "grade digger".
4) If we went out, and she would up with a 79, or 89 average, I would raise every student's grade to a "B", or an "A", if their numerical averages were similar. That way, nobody could accuse me of "favoritism".
5) I would hope she would agree to continue to see me, after the class ended.
No sexual harassment, no favoritism, use good judgment, and no administrative meddling into outside social activities. This, I believe, is the formula for success, where consensual dating is concerned.
Comment by Donald Visconti | November 5, 2010 |
Donald, it has actually been many years since I read Freud, and I do not have any of his works with me at the moment. (I'm living in NJ and my books are stored in a basement in Colorado, alas!) So I must trust my memory. Freud wrote in that book about our human propensity to erect authority figures, a.k.a. "leaders," for ourselves– all of us, continuously, all through our lives and in every dimension of life. It is not a work on transference between patient and therapist. This propensity makes us all extremely vulnerable.
One of the problems with this propensity to identify with leaders, which we can see being played out now in the Tea Party phenomenon, involves what Phillip Rieff, in "The Mind of the Moralist" (about Freud's "Group Psychology…" and other works) described as that "power to command that inheres in the mechanism of identification." On the one hand, the Tea Partiers cannot identify with an African American as "leader." They become militant, rebellious, and fearful in opposition to Obama being in the Oval Office. The phenomenon is irrationally driven; they cannot be reasoned out of their fears of tyranny or their desperate need to identify. On the other hand, those who do identify with a political authority figure bring an even greater risk upon themselves, a risk to their own moral and psychological autonomy. (Freud described this phenomenon a decade before the rise of the Third Reich.) The only healthy form of "leadership," Freud concluded, is the leadership of an idea. (I'm waiting for Obama to come up with a great leading idea, something like FDR's "Four Freedoms," to confound the Tea Partiers and free up the energies of his own followers.)
In higher education, we're in the idea-generating trade. When we can "lead" a student to a powerful idea, or when we "lead" a student beyond his or her identification with us to autonomy in working with ideas, we educate. So whether the professor-student relationship is characterized as parent-child or not, its underlying dynamic is essentially the same. Its saving grace is that it lasts only a semester or two; students move beyond it. I see my job as making myself unnecessary to my students, helping them get to the point that they have learned enough not to need a leader anymore. But it would be folly to ignore that limitless "power to command" that exists between a student and me while I'm trying to teach what he or she needs in order to fall in love with the idea and out of love with the leader.
Comment by Máire | November 6, 2010 |
Thank you for your analysis. I think that applying the "incest taboo"-equating the leader with a parent & the student/staff member with a child is hogwash! There are no blood ties, so "incest" is ruled out right away. The student or staff member, being an adult, rules out a form of "statuary rape". Therefore, the student/staff member can indeed fall both in love with the idea AND the leader; there's nothing unhealthy about this. The only things which would be unhealthy are:
1) sexual harassment,
2) The student/staff member using the teacher/manager for good grades & promotions, which weren't deserved, and
3) The administrations of the school or company attempting to "prohibit" two consenting adults from seeing each other, after school, or work.
I realize that you downplayed the notions of "transference", and "parent/child" relationships, but I wished to give a thorough explanation as to why those things are absurd, when applied to school or workplace romances, when people of different status are involved.
BTW (and this is a bit off topic), I don't believe that males would suffer the negative effects of "transference", as would females. For example, if I saw an unmarried woman psychologist for therapy, I don't think I would be any worse off if there was intimacy between us. She, of course,would have to remind me that our socializing was not therapeutic-was in no way part of my therapy. That being told me, I can't see me suffering any ill effects of "transference", if I became romantic with a female therapist! However, what's good for the gander is good for the goose! If a man psychologist would suffer professional penalties over sleeping with a woman patient, the same should apply to the woman shrink. For my part, I wouldn't let on that anything happened between the 2 of us!
Novalis Lore,
I must set 21 as an absolute "lower limit"! We're not talking legality here; we're talking compatibility!
BTW, my ideal age range is 30-45. I would still consider a female contemporary, especially if I liked her "back in the day"!
Comment by Donald Visconti | November 6, 2010 |
Donald, The very fact that you can imagine a physically intimate relationship with a woman as your therapist indicates to me that, like all of us, you experience the impulse to identify with an authority figure. Freud used an analogy with the state of being in love to explain how this identification/ transference works. His first point of comparison is that both the lover and the patient/ student lose the capacity to think critically about the loved person/ authority figure. Western cultures have many ways of describing this state of mind, but "delusion" would not be a misnomer. Realizing that the desire for intimacy with such a person represents a continuing need for "Mom" (or "Dad") is just another "welcome to the human race" moment. Physical intimacy with her, if it does no other harm, would interfere with the attempt to resolve the Oedipal conflict. The problem is not incest; it is the flight from freedom and responsibility, which takes me back to my point about unequal power relationships. . . .
Comment by Máire | November 7, 2010 |
Let me reiterate my point: THIS IS HOGWASH!! What if the female therapist/manager/teacher is around my age, or younger than me? How can this be "Oedipal", in nature?? Anyway, I don't see "authority figures" in the same regimented way which others apparently do. They are human beings, as am I. We are also 2 adults. A "drill sergeant/basic trainee" relationship doesn't exist here. She is a leader, but not a woman who controls every aspect of my life. Many women look up to/are attracted to men, in such positions, so why can't I have the same attraction for a similar woman? There would be no "flight from freedom and responsibility", unless I took advantage of my position by doing such things as taking excessive sick leave, goofing off regularly, etc. "Delusional", in this instance, is inexplicable! If this was so, ANY woman who a man was very fond of would fall into this category! A teacher, or manager can still do her job, and do it well, unless we all believe that the old "Spartan" way of doing things is the only route to effectiveness. Likewise, a student/staff member can still perform in a responsible manner. Heck, the desire to do so should increase, because:
1) He wouldn't want his manager/girlfriend to think he was taking advantage of the situation.
2) He wouldn't want his co-workers to think he was slackening off, under the circumstances.
OK, I'll continue to support temporary bans on romance, in psychologist/patient relationships, due to the extreme vulnerability of the patient, in said circumstances. However, this mindset should, in no way, cross over into professor/student, or manager-supervisor/staff member relationships! Freedom of choice, in dating, should then be the norm!
Comment by Donald Visconti | November 7, 2010 |
Thanks for your comments!
I was merely stating my position to Maire, that the "incest" or "transference" taboos should not be applicable, in most romantic relationships. The exception, concerning transference, may be appropriate in the psychologist/patient relationship. As stated, though, I don't believe I, or most males would suffer the effects of transference, if we got involved with a female psychologist.
I especially like your last paragraph! You hit the nail on the head when you said that, "…such relationships are not anomalous, but have a power dynamic that is omnipresent in all sexual relationships". For example (and I believe you previously said this) most men are physically stronger than most women. Does that mean that most heterosexual relationships should be avoided, or, God forbid, "prohibited", in the interests of protecting the female partner?? Also, your concluding comments regarding the administrators rings true, " ..a greater recognition of how others control others and are not seen as being controllers".
I say, why don't we all just seek out who we wish to date, and treat each other with respect! Then, "power dynamics" would be moot!
Comment by Donald Visconti | November 8, 2010 |
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I watched two politically themed programs on PBS last night, the episode of The Contenders about Mitt Romney's and Michael Dukakis' hapless Presidential campaigns (see below) and The Choice 2016, the special episode of Frontline PBS shows every Presidential election year dealing with the major-party nominees for President and their backgrounds and histories. This one proved more interesting than usual, especially one day after the debate during which Hillary Clinton and Donald Trump had at each other, looking less like aspirants for power in a representative republic than like medieval knights jousting for possession of a kingdom. Clinton and Trump emerged from Frontline's treatment as fascinating figures, though it got off to a bad start when it attempted to locate Donald Trump's "Rosebud" moment — the time he actually decided to run for President and be the person who assumes power when Barack Obama relinquishes it as per the Constitution on January 20, 2017 — as the White House Press Correspondents' Dinner in April 2011. This occurred right after Obama, following years of urging from Trump and other Right-wing conspiratologists, finally released his "long-form" birth certificate indicating that, as no one outside of the circle of Right-wing nut-cases Trump had been palling with seriously doubted, he had been born when and where he always said he was: August 4, 1961 in Honolulu, Hawai'i. With Trump in the audience, Obama said, "No one is happier, no one is prouder to put this birth certificate matter to rest than the Donald. [laughter] And that's because he can finally get back to focusing on the issues that matter — like, did we fake the moon landing? [laughter] What really happened in Roswell? [laughter] And where are Biggie and Tupac? [laughter] All kidding aside, obviously, we all know about your credentials and breadth of experience. [laughter] For example— no, seriously, just recently in an episode of Celebrity Apprentice [laughter] at the steakhouse, the men's cooking team did not impress the judges from Omaha Steaks. And there was a lot of blame to go around. But you, Mr. Trump, recognized that the real problem was a lack of leadership. And so, ultimately, you didn't blame Lil' Jon or Meatloaf. [laughter] You fired Gary Busey. [laughter] And these are the kind of decisions that would keep me up at night. [laughter and applause] Well handled, sir! [laughter] Well handled. Say what you will about Mr. Trump, he certainly would bring some change to the White House. Let's see what we've got up there," showing a slide of the White House with an upper extension built on top and a sign hanging from it reading "Trump Resort Hotel and Casino."
While the opening of this show seemed really to be reaching — the fact is that Trump was flirting with a Presidential run as early as 1980 and had booked a rally in New Hampshire in 2000 to announce either that he was running or he wasn't (and of course he didn't) — the allegation is certainly believable as an example of Trump's bizarre pettiness, his unwillingness to roll with any punch or take any insult, no matter what or from whom. And coupled with that is his equally bizarre insistence on never apologizing, never admitting he's wrong about anything, never even acknowledging that he's ever made a mistake, much less that he's learned from one. I'm currently working on an article on last Monday's Presidential debate between Clinton and Trump for my Zenger's Newsmagazine blog, http://zengersmag.blogspot.com, and one of my arguments is that much of Trump's rhetorical strategy comes from George Orwell's 1984, particularly the concepts of doublethink and "the mutability of the past." In plain English (instead of Newspeak, the language the rulers of Orwell's dystopia invented to make dissent literally impossible because the words to speak or think heretical thoughts would not exist), doublethink is the ability to hold two contradictory thoughts in your head and believe in both of them at once. "The process has to be conscious, or it would not be carried out with sufficient precision," Orwell wrote, "but it also has to be unconscious, or it would bring with it a sense of falsity, and hence of guilt. … Even in using the word doublethink it is necessary to exercise doublethink. For by using the word one admits that one is tampering with reality; by a fresh act of doublethink one erases this knowledge: and so on indefinitely, with the lie always one step ahead of the truth." The related concept of "the mutability of the past" holds that the past has no objective existence; we know what happened in the past only via public records and our own memories, and if the records are altered and our memories lost or changed, the past itself has changed — and yet the past has never changed, because only one version of the past can be "true" at any moment.
Orwell worked out these concepts observing the totalitarian governments of the 1930's — Nazi Germany, Fascist Italy and especially Soviet Russia under Stalin — and in particular their ability to throw out entire histories once they became politically inconvenient, as Stalin did in 1939 when he decided it was politically convenient to ally the Soviet Union with Nazi Germany, and again in 1941 when the Nazis invaded anyway and forced him to shift sides, whereupon he proclaimed that he'd always been anti-Fascist and got the two other major powers in the anti-Nazi coalition, the U.S. and Britain, to accept him as an ally. Trump's portrayal of his own history is full of doublethink and the mutability of the past; he's been able to "sell" his business record to the American people as an example of one sparkling success after another, when in fact virtually his entire empire came crumbling down in the early 1990's after his mega-casino in Atlantic City, the Taj Mahal, bombed financially. Trump's first reaction was to use his clout on Wall Street to get Marvin Roffman, the analyst who first published evidence of the weaknesses in Trump's operations, fired. Then he had to deal with the banks who'd loaned him the money to build the Taj Mahal and other casinos, to buy the Trump Shuttle airline, the Trump Princess yacht, and other investments that now seemed big-time money-losers. "As quickly as the banks loved him, that's as quick as they saw him as a pariah," recalled Abraham Wallach, a vice-president in the Trump Organization from 1991 to 2003. "He was, like, 'Oh, it's Donald Trump!' They didn't want to have anything to do with him. They wanted their money, and they wanted to be rid of Donald Trump." The only thing that saved him was that the banks suddenly realized that if they did the obvious thing and foreclosed on Trump, they'd be stuck with a lot of white-elephant casinos no one would go to and they'd ultimately have to close them down themselves and get stuck with the losses.
So they cut a deal with Trump by which he got to keep his name on the various buildings because the bankers figured they'd be more attractive to customers with Trump's name on them than without it — and this led Trump to change the whole modus operandi of his business from actually building housing developments, hotels and casinos to selling the rights to his name, so he could have the thrill of seeing people drawn by his name and receive hefty royalties without actually having the bothersome business of building or running the buildings. (This may help explain the argument he had with editors of a magazine that estimated Trump's wealth as $4 billion, and he contacted them to say it should be $10 billion. When they asked the obvious question — where did the extra $6 billion come from? — he said, "That's the value of the Trump name.") Then he got the offer to host the NBC-TV "reality" series The Apprentice, a political Godsend in being able to merchandise himself as a businessman of infinite sagacity and skill, and therefore just what this country would need as it came out of the Obama years with a deeply troubled sense of itself: a person with tested leadership skills — albeit in a totally different field from politics — offering himself not only as a person uniquely qualified to sweep the cobwebbed institutions and their sclerotic officials from power and to take over, but the only one who can do so. ""We defend Japan, we defend Germany, we defend South Korea, we defend Saudi Arabia, we defend countries," Trump said during last Monday's debate. "They do not pay us, but they should be paying us, because we are providing tremendous service and we're losing a fortune." "There's certainly an argument that U.S. allies should spend more money on defense, including higher subsidies for U.S. bases in their countries," Los Angeles Times columnist Doyle McManus wrote in the paper's September 28 edition. "But do we really want to convert mutual defense treaties into contract-for-service agreements? There's no sign that Trump has spent even a minute weighing the consequences of such a shift." That's an example of Trump's inability or unwillingness to understand the difference between running a business and running a country — between being in it to maximize returns for your investors and being in it to serve the people of your nation and your world.
Not surprisingly, the Frontline segments on Hillary Clinton — in previous years they actually did one candidate's profile and then the other's, but more recently they've followed a more chronological approach and intercut between both — aren't quite as interesting because we're simply more familiar with her story than his: as the wife of a President (and a state governor before that) and later as a U.S. Senator from New York (where her tenure and her husband's in the White House overlapped by 17 days, a product of the quirk in the U.S. Constitution that the new Congress takes office January 3 and the new President not until January 20) and as Secretary of State during President Obama's first term. The most interesting thing this documentary had to say about Clinton is an attempt to explain her obsession with secrecy, saying there were a lot of arguments in her family home when she was a child. "There was a lot of fighting in the Rodham household, and I don't think she invited many friends home," author and Clinton friend Gail Sheehy said in the program. "That's when her whole penchant for secrecy and privacy began." The show tracks Clinton through to her first public appearance that got noticed nationwide — her controversial speech at Wellesley University's commencement ceremony in 1969, where she followed Massachusetts Senator Edward Brooke (an African-American, a Republican and only the second Black U.S. Senator — Hiram Revels of Mississippi, elected in 1870 during Reconstruction and also a Republican, was the first; an African-American Democrat would not serve in the Senate until Carol Moseley Braun was elected in Illinois in 1992, and she would be defeated for re-election six years later), took notes throughout Brooke's speech and then got up and blasted him for telling the young people graduating there that politics was "the art of the possible."
Hillary said that politics should be the art of "making the impossible possible" — which clearly echoed Robert F. Kennedy's famous remark that "some people see the world as it is; I see the world as it could be and wonder, 'Why not?'" — and, needless to say, the makers of this documentary couldn't help but notice the irony that in 2016 Clinton was basically taking Brooke's side in this debate and marketing herself to Democratic primary voters as "the progressive who can get things done." (Then again, it's not uncommon for young firebrands who get elected to office or thrust in the political public eye to move towards the center and appear to contradict the beliefs they started with; just compare John Kerry's plaint in 1971 about how could the President ask the last man to die for a mistake in Viet Nam with his vote for George W. Bush's war in Iraq 30 years later.) No doubt Clinton's penchant for secrecy got a major push when she became part of the staff of the Senate Watergate Committee in 1973 and, as part of her job, she was obliged to keep mum and not tell anyone about its inner deliberations — and her career got thrown a curveball when, after Nixon's resignation and with the legal world of D.C. seemingly open to her for the asking, she failed the D.C. bar exam and took that as an omen that she should accept the marriage proposal of her on-again, off-again boyfriend, William Jefferson Clinton, even though that meant moving with him to the backwater state of Arkansas. She was viscerally hated once she got there for not being Southern (she even affected a bit of a twang in her voice for a while, shaking it only when she got back to D.C. as First Lady), for dressing like a hippie and wearing big glasses, for not having a child and for insisting on using her family name, Rodham, instead of Clinton. Bill Clinton got elected attorney general of Arkansas and then won the state's governorship in 1978 — only to lose it again two years later; under the tutelage of sometimes-Democrat, sometimes-Republican political consultant Dick Morris, both Clintons revamped their images. The next time Bill Clinton ran for governor in 1982, Hillary had a baby, Chelsea; she dressed more demurely and lost the big glasses; and she solemnly gave a press conference at which she announced that from then on her name was Hillary Rodham Clinton. Bill won back the governorship and held it until he ran for President in 1992.
The rest of the story we pretty much know: the "bimbo eruptions" and the scandal over Bill's affair with Gennifer Flowers that threatened to sink Bill's Presidential candidacy even before it really started; the big election victory in 1992; Hillary's appointment as head of the administration's task force on reforming health insurance (and the total secrecy she insisted on, to the point where nobody knew what was in the plan until it was unveiled — and promptly sank in Congress thanks to a Republican disinformation campaign that used some of the same tricks with which they tried to derail Obamacare 16 years later, notably one appearance in which a Republican Congressmember held up Franklin Roosevelt's original Social Security Act and noted it was only 38 pages long versus the 1,342 pages of Hillary Clinton's health care proposal); the crushing defeat of the Democrats in the 1994 midterms that (like their equally crushing defeat 16 years later after Obamacare passed with no Republican Senators or Congressmembers voting for it) served notice that health reform was a majority-killer for the Democratic Party; Bill Clinton's Morris-inspired retreat to "small ball" initiatives and the alienation of many progressives (including Robert Reich, UC Berkeley professor and longtime friend of Bill Clinton, who was Secretary of Labor in the first Bill Clinton Cabinet but eventually quit in disgust and returned to academe; he's interviewed extensively here about the Clintons' history but not, surprisingly, about his eventual break with them and his endorsement of Bernie Sanders over Hillary in this year's Democratic primary campaign); the renewed allegations about Bill Clinton's sex life that led to his impeachment and near-removal from office (like the only other President to be impeached, Andrew Johnson, he was saved only by the Constitution's insistence that a two-thirds majority of the U.S. Senate be required to convict a President and remove him or her for office — and I say "or her" because I think there's an excellent chance that if Hillary wins the election this year, the Republicans in Congress will immediately file articles of impeachment against her over the e-mail scandal and its alleged threat to U.S. national security, and Hillary could very well become the third President in U.S. history, and the second one named Clinton, to face an impeachment trial); her immediate plotting of a U.S. Senate race from New York as soon as Bill Clinton was acquitted in the impeachment trial and her subsequent adventures and misadventures as Secretary of State in President Obama's first term.
The end of the story feels rushed — there's no mention of Bernie Sanders and he's visible only in a brief still — and it's an indication that even in the relatively objective precincts of PBS, the filmmakers, director Michael Kirk and his co-writer Mike Riser, are far more interested in Trump than Clinton (he's a novelty, she's old hat), beginning their discussion of Trump with the lesson he learned from his father that some people are winners, some people are losers, and it's the job of the losers to do what the winners tell them to and otherwise stay out of their way, and ending it with this comment from Tony Schwartz, co-author of Trump's best-selling 1987 autobiography The Art of the Deal, suggesting that, like Alexander the Great, Trump had run out of worlds to conquer. "His deepest hunger has always been for attention, and he had exhausted the ways in which to get attention," Schwartz said. "He'd gone so far beyond what most human beings can even imagine that he was at the end of that road, still hungry. He wanted the attention of the nation. He wanted the attention of the world. And he's gotten it."
The end of the story feels rushed — there's no mention of Bernie Sanders and he's visible only in a brief still — and it's an indication that even in the relatively objective precincts of PBS, the filmmakers, director Michael Kirk and his co-writer Mike Riser, are far more interested in Trump than Clinton (he's a novelty, she's old hat), beginning their discussion of Trump with the lesson he learned from his father that some people are winners, some people are losers, and it's the job of the losers to do what the winners tell them to and otherwise stay out of their way, and ending it with this comment from Tony Schwartz, co-author of Trump's best-selling 1987 autobiography The Art of the Deal, suggesting that, like Alexander the Great, Trump had run out of worlds to conquer. "His deepest hunger has always been for attention, and he had exhausted the ways in which to get attention," Schwartz said. "He'd gone so far beyond what most human beings can even imagine that he was at the end of that road, still hungry. He wanted the attention of the nation. He wanted the attention of the world. And he's gotten it."


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Problems Hinder EMV Use in US
Joe Stanganelli, Founder and Principal, Beacon Hill Law | 12/22/2011 | 9 commentsregularly encourage, Americans' credit cards are on the verge of becoming a whole lot smarter.
EMV cards -- also known as "smartchip" and "chip and PIN" cards -- are credit cards that use smartcard technology instead of the "swipe-the-stripe" standard invented in the 1960s.
Americans are almost exclusively familiar with magnetic stripe credit cards. Meanwhile, people in Europe, Asia, and, well, pretty much the rest of the world use credit cards with EMV ("Europay, Mastercard, Visa") technology.
Unlike magnetic stripe cards, EMV-enabled cards uniquely encrypt transaction data for each use. This makes them substantially more secure, because it is much harder for skimmers to steal the card data.
What's more, most EMV-enabled cards are dually enabled with magnetic stripes, accommodating people from other countries traveling in the US. Meanwhile, US travelers often have difficulties using their credit cards abroad.
These compatibility issues may soon be a thing of the past if major financial service multinationals have their way.
Since this past summer, credit card companies have been making a huge push to encourage US retailers and ATMs to accept EMV cards over the next few years. Visa is being particularly aggressive, offering to waive fees for US retailers that accept EMV-enabled cards -- while refusing to offer fraud protection to those that do not switch over by 2013. By 2015, all US retailers accepting Visa will have to accept EMV cards. (At least, that's Visa's goal.)
Banks, too, are going along with the EMV push in the US. Wells Fargo, JPMorgan Chase, and US Bank already offer EMV-enabled cards to qualifying American customers who travel abroad. A month ago, Bank of America Merrill Lynch announced that it will begin offering EMV-enabled credit cards early next year to US customers who travel abroad.
Historically, however, Americans have been reluctant to do things the way the rest of the world does them (for example, the metric system). And here, too, there is some resistance.
Part of the reason is security. It may have advantages over magnetic stripe cards, but EMV is far from a perfect technology. It has several security weaknesses of its own. In 2010, a group of researchers at the University of Cambridge released devastating findings in a paper called "Chip and PIN is Broken." In the paper, the Cambridge researchers reported multiple EMV security vulnerabilities. Perhaps most appallingly, they found that "the proceedings of the PIN verification step are never explicitly authenticated."
The researchers went on to discuss myriad attacks on the UK's chip and PIN system that succeeded by way of a man-in-the-middle device that intercepts communications signals and tricks the terminal into acting as if the customer's PIN were verified. Little evidence of these attacks is typically available by the time a cardholder reports the fraud. These security issues are compounded by problematically bureaucratic dispute resolution processes. Many defrauded UK cardholders have their refund requests denied by card issuers, whose records show -- quite incorrectly -- that the cardholder's PIN was used and verified. These findings are hardly encouraging.
According to the researchers, the US Federal Reserve should resist pressure from banks to move to EMV until a satisfactory solution to EMV's security woes is published. "Its not reasonable for the smart card industry to foist a broken framework on the US banking industry and then leave it to individual issuer banks to come up with patches."
Infrastructure is another obstacle to widespread US adoption. NFC technology is still fairly nascent for US retailers, and it could take a lot of time for loyalty programs to convince US consumers to accept a new EMV standard. Julie Conroy McNelley, a senior analyst at Aite Group's retail banking practice, says "there's no way" Visa can reach its 2015 EMV goal.
It remains to be seen precisely how EMV adoption will go and, given the weaknesses, whether a different technology could come along in the US or elsewhere to fix the EMV problems. But as Conroy McNelley concedes, "EMV is a heck of a lot better than what we have right now."
The blogs and comments posted on EnterpriseEfficiency.com do not reflect the views of TechWeb, EnterpriseEfficiency.com, or its sponsors. EnterpriseEfficiency.com, TechWeb, and its sponsors do not assume responsibility for any comments, claims, or opinions made by authors and bloggers. They are no substitute for your own research and should not be relied upon for trading or any other purpose.
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"Synchronized Swimming": The Regional Greenhouse Gas Initiativeby -
Federal legislators should look to the states for some key lessons on cap-and-trade.
This piece is third in a series from Visiting Senior Fellow Jill Duggan:
Given the intensity of the debate on whether market mechanisms for reducing greenhouse gases should be adopted in the US, many people are surprised to hear that 10 states in Northeastern United States have already implemented a cap-and-trade system for the power sector.
I was hearing surprisingly little about the experience of the Regional Greenhouse Gas Initiative (RGGI, or "Reggie" to those in the know) when I came to the US last year. I had been deeply involved in designing and implementing cap-and-trade in Europe and was curious to see how RGGI fared in its first year of operation. As the climate talks in Copenhagen kicked off in December, I took myself off to RGGI-land to talk to some of those who have been involved in the initiative along the way and to learn more.
An Early Success
RGGI provides a powerful example of how simple action on climate change can make a real difference – generating emissions reductions, training and new jobs, and most importantly political confidence in action. RGGI's approach has quietly provided a pilot for the rest of the US, by learning lessons from Europe and improving on the policies adopted there.
RGGI generated close to half a billion dollars in its first year, for investment in energy efficiency, clean energy programmes, and new jobs.
These northeastern states1 have tried to keep it simple and transparent by starting with the power sector. The cap on emissions has not been very ambitious – and in my interviews I heard criticism of this caution. But the states have been bold in adopting significant auctioning of carbon allowances from the start – close to 100%. This approach has paid real dividends, with proceeds from the auctions transforming state investments in energy efficiency and helping RGGI states improve their competitiveness. The success of RGGI's cap-and-trade has also given states the political confidence to tackle other sectors outside of electricity generation.
I spoke to state administrations, NGOs and utilities, to find out more about their approach and the feedback from the first year. There were some common themes. State officials were clearly proud of their achievement, particularly the successful auctions and the effective use of auction revenues to create jobs, reduce demand for energy, save households money and invest in clean energy.
Establishing RGGI
RGGI was initially conceived in 2003, around the same time Europe was finalizing legislation for its own cap-and-trade program. RGGI sought a slower timetable, hoping to learn lessons from both the federal Acid Rain program that introduced trading of SO2 (sulphur dioxide) in the US and the development of the European Emissions Trading System. This strategy worked well; RGGI's adoption of full auctioning is one example of their improvement on the European trading system.
In the absence of federal legislation, RGGI required voluntary cooperation from states. Brokering agreements between 10 states and getting them moving at roughly the same pace has proved tricky. One interviewee described the process to me as "synchronized swimming".
RGGI's program design is very different from recent proposals for federal cap-and-trade. While on the federal level there is much debate about how many carbon credits to allocate for free and how many to auction away at a price, the RGGI states each decided to auction close to 100% of allowances.
Whilst recent Congressional legislation has looked at economy-wide cap-and-trade, RGGI limited itself to the power sector only – where emissions can be most easily be monitored, and where there are limited competitiveness issues.
Reaping the Benefits of Auctioning
This RGGI system is simple and, because of the auctioning, avoids much of the lobbying that can happen when government gives allowances away. Free allocation is not a perfect science. Businesses lobby to get as many free allowances as they can (and as many as their competitors might get), which means there is always pressure to soften the carbon limit or "cap".
In addition, if companies can pass on costs to customers, then free allocation can result in windfall profits to the company. This was an early lesson from Europe. Auctioning, on the other hand, provides a clear incentive to reduce emissions, ensures that those who have taken early action will be better placed than their competitors and can provide resources for governments to reinvest in energy efficiency and clean energy.
New Revenue
While the cooperation between states was voluntary, it was difficult to set a tough cap on CO2. The challenge for RGGI was to turn a system with a relatively weak cap into a meaningful initiative that could pave the way for others. By adopting high levels of auctioning the system has generated enough revenue to make a difference to clean energy and energy efficiency programs, even though the initial carbon price has been low.
Even at the very low prices (see below), the auctions have generated close to half a billion dollars in RGGI's first year, for investment in energy efficiency, clean energy programmes, and new jobs.
|Auction Number
|Allocation Year
|Quantity Offered
|Quantity Sold
|Clearing Price
|Total Proceeds
|Auction 1, 9/25/20082
|Auction 2, 12/17/2008
|Auction 3, 3/18/2009
|Auction 4, 6/17/2009
|Auction 5, 9/09/2009
|Auction 6, 12/12/2009
Source: Regional Greenhouse Gas Initiative
In New Hampshire, for example, auction revenue has more than doubled the amount available for these programs. The Construction Institute of New Hampshire is receiving close to $200,000 over two years to train building professionals to design, build and remodel homes to meet the Green Building standard – and reduce energy demand and greenhouse gas emissions. Another programme will offer classes to train energy auditors. The state is also investing more money on weatherization and solar hot water systems. Massachusetts also has a number of programs to train people for new jobs in energy efficiency, and has more money for their Green Communities Program. These kinds of programs are replicated in the other RGGI states.
RGGI sees this investment in energy efficiency as a key tool to keep the carbon price down – as the states' emissions go down, the demand for carbon credits will be lower.
Lessons Learned
After the first year of operation, the RGGI states have produced a simple and transparent cap-and-trade program that works, and that has provided benefits for the local communities.
It is too early to know whether RGGI's cap and carbon price have generated emissions reductions. It is clear though that the auction revenues and the spending on efficiency programs will reduce emissions – and should save businesses and consumers money too.
Another indicator of success: the process has been successful enough for the states to broaden their ambitions. The RGGI states (alongside Pennsylvania) have signed a memorandum of understanding to develop a low carbon fuel standard, showing that taking the first steps to reduce emissions makes future ambitious action more likely. Now that is an important lesson for Congress.


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I got some feedback this morning
Bitch, Moan, Bitch. It's all you do! Where are the happy stories?
Admittedly I received this feedback while starring at the mirror. I knew I should have just checked Squidly's hair in Culling of Stratholme!
But it's FUN!
Everyone likes a good vent, especially when there is a bandwagon, or group therapy.
It only takes the most minor of things to turn something into the worst, the most dramatic, the end of the world is coming discussion. Not that I am suggesting that the current outrage sweeping the WoW Blogsphere is insignificant.
The Bitch:Joy ratio
Still, I noticed that right now I can quickly write 5 bitch posts for every one joy post.
You know, something good happens you tell one person, something bad happens, you tell 10 (or on the blogshpere 1,000) people.
You run 9 great heroics, but it's the one shitful one that sticks with you, that you save the story to share with your guild, with your blog readers.
I still remember 1 of the good out of the 9
Well, 3 of the 9 actually and I've been meaning to share it with you, but how could I resist the bitch stories?
So here it is...
Taking a portal in time…
1st I want to reminisce about bygone days. Back in TBC my RL mates and I leveled through Outland together. We did OK considering we only played these characters for 5 hours per week (so I was included with my limited playtime).
We reached Shadow Lab (regular) and we wiped. We wiped all night. We wiped for 3 odd weeks. Usually after about 3 hours of wiping we would go and do something else to relieve the tension and get a victory on the board.
When we got to Kara, we wiped, every night, every week, every month until a month or so before WoLK was released (just prior to the pre-WoLK respec and power boost). 4/7 posts during that period in my WoW life were about wiping in Kara (remember my great post-Curator black hole?).
That's just not acceptable any more!
From the moment we got the pre-WoLK power-up it has become unacceptable to wipe. This has breed a lot of One Wipe Pansies.
So imagine my surprise when I join this random group in FoS.
The Heroic Heroic Random PuG!
I die a little when I get FoS. Yes I know I dream of challenges, but for some reason when I get FoS I cringe. I wonder if we will make it to the 1st boss. My 1st time in we didn't and someone /ragequit after the 1st trash pull.
I know I can do it.
I know I have done it.
But I still second guess myself on entry.
I consulted HealerScore and GearScore.
Yes, I now have it installed, just because I want to see what happened to my own score, but I admit I scan others… Thing is I don't then judge people by it. Have a listen to the latest THL (The Hunter's Lodge) podcast for Brig's interview with the GearScore author. It's another one of those inventions created for the good of man kind, but used for the purposes of evil by other men.
Everyone was above 4k GearsSore, HealthScore was optimistic as well. I was the highest geared by the tiniest of margins.
Let the adventure begin!
We worked through FoS. It was slow going. I find that the trash pulls there suck most of my mana dry. I tend to spam chain heal because I know that even though everyone is on 100% health now, EVERYONE will be on 30% in 1 or 2 seconds.
I think we only had one death, I'm sorry to say it was the Mage. I don't even know how it happened now. I was probably spending the 2 seconds healing the tank rather than the Mage.
Whatever the case, I think that's pretty successful.
As the group was breaking up, shouting out their "thanks" & "great group etc", just as the Mage left the party, the tank asked if we wanted to move on to PoS. (I'm sure the Mage would have been invited, but he probably left while the tank was typing).
I admit it, I panicked a little. I haven't been to PoS and I was unsure. I informed the party of this and basically the only response was
Let's Go!
We did. The details are all a bit blurry right now, but we did PoS and subsequently HoR (yeah same panic moment, but I now felt confident in the group).
Like I said earlier, it's easier to remember the bad things than the good, the thing is in this case the bad thing was really a great indication of what good PEOPLE I was playing with.
It took 2 full repairs!
Yep, we had to port out once during the run to repair and at the end of the 3 instances I had to do a full repair again.
The True Measure of a Player.
- Screw GearScore.
- Screw HealerScore.
- Screw be.imba, WoWHeroes and all the rest.
There were no One Wipe Pansies in this group. If we wiped and it was obvious it wasn't the luck of the RNG, we discussed it, we tried something different.
An example.
We wiped twice on Scourgelord Tyrannus.
- 1st time the Tank wore the Overlord's Brand.. No heals for tank = dead tank.
- 2nd time we were all a bit spread out, running for our lives, for me to keep the party up.
So the Tankadin became the Healadin. The Resto Shaman became the Master of the Elements. The DestructiveDK became the DKTank.
We wiped as soon as the encounter began… But we just picked up our corpses and ran right back in.
After the fight I asked if they wanted me to stay Ele (the lesser of my 2 gear sets). The DK begged to be allowed to return to DPS as they weren't confident in their taking.
More props to you for giving it a go for this encounter… and succeeding!
These guys were 1337!
- I don't mean they were pulling 7.5k DPS while AFKing.
- I don't mean they had an elitist attitude.
- I mean that they were smart, patient, forgiving 3k DPS with a solid tank and not bad heals.
I kind of hope that someone tells them about this post, because while I did thank them profusely for the run, I think they deserve a little more recognition.
There are so many WoWFuckTards.com sites around at the moment. I think it's time that there was a WoWGods.com site. A site that sings the praises of those you want to group with and highlights the virtues that make a good, no – great, no – fucking awesome team mate.
Anyway we made it to the end… Yes we may have followed Arthas (apparently that's an exploit?), but to be honest if I needed to use a GodMode function for that last fight, and I had access to one, I would have used it, because this group deserved the win more that the 1337.5kdps 15minute Heroic gangbuster groups that are so common.
We watched the ceiling cave in, we grabbed the achievement and we looted the chest on the ship.
What, no loot drama?
Now just in case I have sung the praises of this group enough, one final shout out to the DK, Dytox.
You see contained in that chest was a pair of cloth legs. They were a significant upgrade for me, but being cloth I could only greed them.
Based on my previous experiences I didn't think they could be traded, so I just let out a bit of a sigh…
/damn… Those pants are an upgrade for me.
Trade window opens… Pants appear… Pants appear in my inventory!
Yay DK!
Yay Team!
My only regret is that I will probably never group with these guys again, certainly not all of them at once.
So dear readers, do me a favor. If you play Alliance on these guy's servers, send them a whisper for me.
Tell them you heard on the Internet that they are some of the most awesome players to walk the earth.
Make sure you also tell your own awesome team mates the same thing!
Oh, and just for the record, 3 of them were from the same server.. the same guild. Looks like it's not just douchebags that run in packs.. but honorable gods as well!
Thanks for the Shards!
I make a point of thanking the Tank, DPS and heals (if it's not me) mid run these days. I think it's too important to leave till last last minute as people quit the group.
Aprillian from Ctrl-Alt-WoW (you know she's a Mac user… Ohh the irony) mentioned the mysterious joy of the active DE button on the loot window and never knowing who the enchanted is, or who to thank.
So I've added a new role to my mid instance thank you list.
Thanks to the Enchanter for giving us the option to DE!
When I said this the other day, the Warlock was stoked at being recognized.
So my advice is…
Hug your PuG Enchanter today!
Gnomer and Out, Squidly and Stout!
This work is licensed under a Creative Commons Attribution-Noncommercial-Share Alike 3.0 Unported License.


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This exhibit included selections from UCSB's Department of Special Collections related to illuminated manuscripts. Various works on the history and development of the art of manuscript illumination (most from Special Collections' Printers collection) were featured. These cover both western and non-western examples of illumination as well as the art and techniques employed by the creators. In addition, a number of original manuscript fragments were featured. These include examples from various medieval works including Books of Hours, musical manuscripts and other texts from the 12th through the 15th centuries. Most of these are from Italy and France.
Exhibit curated by Edward C. Fields, UCSB Department of Special Collections.
Image caption: Page from the Santa Barbara Book of Hours (France c. 1480)


text:
Rocky Mountain spotted fever is a bacterial infection passed to
humans by wood ticks and dog ticks that can lead to life-threatening
complications, such as shock and kidney failure, if it is not treated promptly.
Initial symptoms usually start an average of 7 days after the tick bite and
include a sudden fever, severe headache, muscle and joint aches, distinct rash,
and nausea and vomiting.
The rash is usually made up of many tiny, flat, purple or red spots
(petechial rash). It usually starts on the palms of the hands and soles of the
feet, then spreads to the arms and legs and the rest of the body.
It is also called tick fever, spotted fever, or tick typhus. Rocky
Mountain spotted fever is found in the southeastern, western, and south-central
United States.
Last Revised:
October 14, 2011
Healthwise Staff
Medical Review:
William H. Blahd, Jr., MD, FACEP - Emergency Medicine & H. Michael O'Connor, MD - Emergency Medicine
This information does not replace the advice of a doctor. Healthwise, Incorporated disclaims any warranty or liability for your use of this information. Your use of this information means that you agree to the Terms of Use. How this information was developed to help you make better health decisions.
To learn more visit Healthwise.org
© 1995-2012 Healthwise, Incorporated. Healthwise, Healthwise for every health decision, and the Healthwise logo are trademarks of Healthwise, Incorporated.


text:
Online reputation management is a growing concern for the smallest business to the largest corporations. Blogging is one of the best tools to deliver messages and challenge erroneous information about a company brand. Social media networks allow companies to create profiles and pages which also act as a delivery system. The ultimate sum total of the effort to blog and create social media profiles and pages is to populate the page 1 Google search for the company name. The following is a perfect example of why companies of all sizes should be concerned and aware of how to defend their reputation online: WakeupWalMart.com
The plethora of information presented on this site is the best example of why WalMart should be concerned. The following are links to each category:
- WalMart Facts: covering such subjects as cost to taxpayers, wages, worker injuries, worker benefits and many more issues that the site highlights
- Take Action: a plea to write your story, start a group, or write a letter to the editor
- Media Center: including video, pictures, and WalMart in the news
This site is a warning to all companies that you can no longer remain silent when your brand is under scrutiny. Have a online reputation management plan and execute it as soon as possible.


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hotfat wrote:AAAKKK!!! How many were there? A dozen? Too bad I was busy making America great again. HAH!!!
Any predictions about time line for next batch, Scott?
How about CT5 firmware update that saves settings?
we had ~200
see above for eta
and we will have an alt ct5 firmware soon that includes many things no one asked for, and likely none of the things people have, sorry. (:


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Stillen 308366 Lower Control Arm Brace 03-08 Nissan 350Z
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Pieces may be used independently, but for maximum effectiveness and to allow your suspension to work to its full extent, we recommend all three braces be used. A perfect match for our front adjustable control arms and rear adjustable camber and toe arm kits.


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Students mourning six classmates killed in a violent rampage through the Southern California seaside college community of Isla Vista gathered for a candlelight vigil Monday night before a memorial service Tuesday at the University of California Santa Barbara campus stadium.
Hundreds of students from UCLA, UCSB and USC gathered at UCLA's Royce Hall to express love, sorrow, solidarity and fear after last week's killing spree.
"Walking down the streets of Isla Vista or grabbing a sandwich from a deli shop, really it's a blessing," a UCSB alumnus said at the vigil. "It really makes me feel grateful just to be doing the simplest things, because you never know what can happen and you never know when those things that you enjoy so much doing can be taken away from you."
U.S. & World
Students and families held candles as they described the May 23 killings as a wake-up call.
"As a mother, it means a lot when you know your child is safe," said Lilibeth Forteza, whose daughter is a student at UCSB and lives above the 7-Eleven in Isla Vista, one of the crime scenes.
In Thousand Oaks, mourners wore purple Monday evening for a poolside tribute honoring 19-year-old UC Santa Barbara student Veronika Weiss, who played water polo at Westlake High School. Purple was her favorite color, friends said.
The first-year UCSB student and Katherine Breann Cooper, 22, were standing outside their sorority house Friday night when they were shot and killed -- the first shooting victims in a drive-by shooting spree through the community of student residences west of the Santa Barbara school campus.
Weiss' father said he is "sad for everyone" involved in the violence, including the gunman and his family. He described his daughter as an exceptional athlete and student.
"She had a real great mind for math and she wanted to work in the financial area," Bob Weiss said. "She couldn't wait to graduate."
- Isla Vista Rampage: Galleries, Videos, Timeline of Events
UCSB classes were not in session Monday for the Memorial Day holiday and the school's chancellor announced that Tuesday has been declared a "Day of Mourning and Reflection." Classes will be canceled and a memorial service is scheduled for 4 p.m. PT at Harder Stadium.
In all, six students were were killed by 22-year-old Elliot Rodger, according to authorities. The Santa Barbara City College detailed his plans to go on a murderous rampage in a written manifesto and YouTube videos posted shortly before Friday night's violence.
The candlelight vigil and memorial service marked another step in a healing process that UC Santa Barbara Chancellor Henry Yang said began with a Saturday night event. The event, conducted just hours after authorities identified three victims in the shooting, was organized by students.
"This is a period of mourning for all of us," Yang said in a statement. "The moving candlelight vigil that our students organized on Saturday evening began the process of healing.
"On Tuesday we will remember and honor the victims of this horrible event, and come together as an academic community to reflect, talk with each other, and think about the future. As terrible as these past two days have been, they make us believe in our students and the entire UCSB community more than ever."
Students also are planning a memorial wall at the Pardall Center in the heart of Isla Vista. Other signs of remembrance have appeared throughout the community, including flowers stuffed into bullet holes left behind during the shootings and handwritten notes in front of the Alpha Phi sorority house, the first location at which gunfire was reported.
Classes will not be in session Tuesday, but faculty members and counselors will be on the campus for students who want to talk about the tragedy. Classes are expected to resume Wednesday.
All of the victims in Friday's killing spree were identified during the weekend. Weiss was just completing her first year of classes at UCSB. She was a Alpha Phi sorority house sister with Cooper, a student from Chino Hills.
Twenty-year-old student Christopher Ross Michaels-Martinez, of Los Osos, was shot and killed when the gunman pulled up outside a deli and sprayed rounds into a crowd of customers.
Three other victims -- 19-year-old George Chen, of San Jose; 20-year-old C.H., of San Jose; and 20-year-old Weihan Wang, of Fremont -- were stabbed before the shootings at an Isla Vista apartment, Santa Barbara County Sheriff's Department investigators said. C.H. and Chen were listed on the lease as the gunman's roommates. Investigators were trying to determine whether Wang was a roommate or was visiting the apartment.
On Monday, Wang's parents, Jinshuang "Jane" Liu and Charlie Wang said they were looking forward to having their son home soon for the summer. Wang's mother said her son was very close with the other two young men stabbed in the apartment, but did not speak much with Rodger.
Thirteen other victims suffered gunshot wounds or were injured when gunman Elliot Rodger struck them with his BMW 3 series coupe. Three remained hospitalized Monday.
The gunman died of a self-inflicted gunshot wound to the head after a shootout with deputies, according to the sheriff's department. A family friend confirmed to NBC News Sunday that Rodger's parents rushed to Isla Vista as the killings began after discovering the troubling manifesto that outlined plans for what Rodger called "retribution."
The 100-plus-page document railed against women and detailed his plans to go on a killing spree, said family friend Simon Astaire, who is a talent agent and media adviser. After seeing the document and a YouTube video titled "Retribution," in which Rodger -- seated behind the wheel of his BMW -- vowed to get "revenge against humanity,"
Rodger's mother called her ex-husband and two raced to Isla Vista in search of their son, Astaire said. They heard about the shootings during a radio report as they traveled on the 101 Freeway.
- Transcription: Video Details Plans for Killings
After the shootout and a crash that brought an end to the violence, deputies found three semi-automatic handguns along with 400 unspent rounds in the car. All were purchased legally.
As for the investigation, Burbank police confirmed Monday that Santa Barbara County Sheriff's Department deputies and Bureau of Alcohol, Tobacco, Firearms and Explosives personnel served a search warrant at Gun World in connection with the Isla Vista shooting. The store was closed Monday morning.
The Santa Barbara County Sheriff's Department continues to speak with shooting witnesses and acquaintances of Rodger. They also provided details about the department's contact with Rodger about one month ago when deputies questioned him at his apartment at the request of his family.
Rodger's family has disclosed their son was under the care of therapists.
"He convinced them that it was all a misunderstanding," Sheriff Bill Brown said.
Though Rodger told deputies that he was having social problems and was likely going to leave school, "he was able to convince them that he was not a threat to himself or to anyone else at the time."
Kate Larsen and Christina Cocca contributed to this report.


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Codice has announced Plastic SCM, a cross-platform software configuration management tool for managing parallel development scenarios, where multiple developers work on building software even from geographically dispersed locations. Plastic SCM provides software configuration and version control functionality, in addition to merge tracking, true renaming, and visualization.
Among Plastic SCM features are:
- Ways to implement two key software development productivity concepts: task oriented and parallel software development. The Plastic branching system allows new parallel development lines to be created with just a click, and both the 3D version tree and new branch explorer ease visualization and comprehension of the development process.
- Management of thousands of branches through a streamlined UI. Plastic SCM developers face no restriction in terms of the number of branches they can manage.
- Salability in terms of back-end databases. Plastic comes installed using the open source Firebird database. For larger development teams (more than a dozen developers), Plastic SCM can be integrated with the SQL Server or MySQL databases.
Plastic can be used by Java, Microsoft, and any other language- based developers, and it works with tools such as Visual Studio, Eclipse, and Oracle JDeveloper. As a replacement for CVS, Visual SourceSafe or Subversion, Plastic SCM includes functionality to import branches and related data from these tools.
Plastic wraps a revision management engine around its versioning functionality. It lets managers assign tasks and attach them to a branch of a given project. At the end of the project, managers can review what revisions were made. Plastic SCM can also create visual reports related to the revision information.
"The two biggest challenges for SCM systems are enabling highly parallel distributed development, and making the state of projects visible to both developers and management," said Joe Niski, senior analyst at Burton Group. "Many products support distributed teams, but only a few provide useful visualizations of a project's code base. By taking a task-centric approach to version control, products like Plastic SCM facilitate fast-paced development lifecycles; by including graphical views of changes, they provide value to managers as well as developers."