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The Economic Review is a free, quarterly research publication from the Kansas City Fed. Read articles (download a PDF reader) and sign-up to receive e-alerts when new articles are available online. Or, request paper editions.
Fourth Quarter 1997
Why Is Financial Stability a Goal of Public Policy?
By Andrew Crockett
A number of developments in recent years have combined to put the issue of financial stability at the top of the agenda, not just of supervisory authorities, but of public policymakers more generally. These developments include: the explosive growth in the volume of financial transactions, the increased complexity of new instruments, costly crises in national financial systems, and several high-profile mishaps at individual institutions.
Policymakers care about financial instability because of the close linkages between financial stability and the health of the real economy. Recent examples of these linkages include the banking crises in Scandinavia and Japan, the 1995 peso crisis in Mexico, and the current exchange rate and banking problems in the emerging market economies of Southeast Asia.
In remarks made before the Federal Reserve Bank of Kansas City's 1997 symposium, "Maintaining Financial Stability in a Global Economy," Mr. Crockett examines the role of public policy in maintaining financial stability. In particular, he addresses the following questions: What do we mean by financial stability? Why should official intervention (as opposed to reliance on market forces) be required to promote stability? And what concrete approaches can be employed?
Maintaining Financial Stability in a Global Economy: A Summary of the Banks 1997 Symposium
By Charles Morris and Klara Parrish
World financial markets have experienced tremendous growth in recent years. New financial instruments have emerged, transaction volumes in markets has skyrocketed, and capital flows across countries have risen dramatically. While these developments have made financial markets more efficient, they have also increased the risk that events at one institution or in one market will have immediate and wide-ranging effects on the entire global financial system.
To better understand how policymakers can keep financial systems safe, efficient, and stable, and how policymakers can respond to financial crises when they occur, the Federal Reserve Bank of Kansas City sponsored a symposium entitled "Maintaining Financial Stability in a Global Economy." The symposium, held at Jackson Hole, Wyoming on August 28-30, 1997, brought together a distinguished group of central bankers, academics, and financial market representatives from around the world.
Morris and Parrish summarize the papers and commentaries presented at the symposium. The participants generally agreed that, to maintain financial stability, regulation of financial institutions is important and that financial regulators should focus on making regulation more consistent with market forces. In addition, financial stability requires a sound macroeconomic environment, particularly price stability and, for most countries, an exchange rate regime that does not attempt to permanently fix exchange rates. Finally, participants agreed that both domestic and international safety nets should be used cautiously in financial crises to avoid the destabilizing effects of moral hazard.
Predicting Real Growth and Inflation with the Yield Spread
By Sharon Kozicki
Analysts often use financial variables to help predict real activity and inflation. One of the most popular of these variables is the spread between yields on long-term and short-term government instruments, also known as the yield spread. Researchers have shown the spread is a good predictor of real activity. For instance, in a recent issue of the Economic Review, Bonser-Neal and Morley found that the spread helps predict real activity over the next year, the next two years, and the next three years.
Kozicki examines the predictive power of the yield spread for real growth and inflation in a collection of industrialized countries. She extends the analysis of Bonser-Neal and Morley by examining in greater detail the horizons at which the yield spread helps predict real growth and by investigating whether information on the level of yields contains additional predictive power beyond that summarized by the spread. She also adds to the existing literature by examining a broader collection of countries than has previously been analyzed and a wider array of forecast horizons. In addition, restrictions imposed in earlier studies are relaxed.
For real activity, Kozicki finds that the predictive power of the yield spread largely derives from its usefulness over horizons of a year or so and generally dominates the predictive power associated with the level of yields. For inflation, although the yield spread helps predict inflation at moderate horizons of a few years, the level of yields is a more useful predictor of inflation.
Looking Forward: The Role for Government In Regulating Electronic Cash
By Stacey L. Schreft
With the year 2000 rapidly approaching, stored-value cards are already popular in some countries and are being introduced into the United States by private companies. Stored-value cards are one form of electronic cash—electronic substitutes for paper currency. Digital cash (also known as cybercash or ecash) is the other form of electronic cash coming into use today. It consists of bits and bytes in cyberspace and substitutes for paper currency in transactions made over the Internet.
Someday privately issued electronic cash may be a common means of payment in the United States. Looking forward to that day, government policymakers need to assess the impact these new forms of currency might ultimately have on the nation's currency stock. If privately issued electronic cash, once commonplace, could threaten the long-standing safety, uniformity, and relative stability of the U.S. currency, then policy-makers must decide what, if any, forms of government intervention are appropriate.
Schreft argues there is a limited role for government in ensuring the quality of the nation's currency when private issuance is allowed. She first describes the emerging forms of electronic cash and how they differ from today's paper currency. She goes on to argue that the concern for policymakers is not that electronic cash is electronic, but rather that private firms are issuing it. Looking forward from the perspectives of economic theory and economic history, she explores the impact privately issued electronic cash might have on the nation's currency and the potential role for government. Finally, she considers some specific regulatory alternatives for ensuring that the U.S. currency remains stable, safe, and uniform.
How Will the 1996 Farm Bill Affect the Outlook for District Farmland Values?
By Russell L. Lamb
Farmland values in the states of the Tenth Federal Reserve District rose about 5.5 percent over the year ended June 30, 1997. Indeed, over the past two years prices in many parts of the country have risen sharply. The jump in farmland values comes at a time of dynamic change in the farm sector. Last year, the federal government enacted sweeping farm legislation that both lowers payments to producers and removes many government controls on farm production.
Government payments have been an important source of farm income for many years, and have likely been capitalized into farmland values. Changes in federal subsidies could have important implications for values. Since farmland is three-fourths of the asset base of the farm sector, the impact of changes in policy on farmland values is crucial to the financial health of the sector.
What effect will the new farm bill have on farmland values? Lamb argues that the final impact of program reform will depend on two forces. In isolation, the removal of government subsidies will depress farmland values. On the other hand, agriculture's newly found freedom could further lift land values. Subsidies have come with a price attached in the form of restrictions on planting flexibility and production, limiting farmers' ability to take advantage of expanding export markets. Freed from such restrictions, farmers may find that expanding export markets will lift farm commodity prices and farm income enough to outweigh the loss of income from declining subsidy payments.
Third Quarter 1997
What Long-Run Returns Can Investors Expect From the Stock Market?
By John E. Golob and David G. Bishop
When investors make financial plans, their strategies depend on the returns they expect from investments in the stock market. The expected returns from stocks affect how much investors save, how long they plan to work, and how they allocate their portfolios among alternative investments. Their strategies are most likely to be successful, of course, when they have realistic expectations about stock returns.
Over the past several years, stock returns have exceeded their long-run historical averages. For example, the 15 percent average annual return on stocks over the last decade is substantially higher than the 10 percent average return over the previous 100 years. Stock returns were particularly high in 1995 and 1996, averaging almost 30 percent for the S&P 500 stock index. Market observers have reacted to high stock returns in different ways. Many individual investors, for example, interpret recent market strength as the beginning of a new era, with 15 percent returns continuing into the foreseeable future. In contrast, market professionals are generally less optimistic. Indeed, some analysts interpret high stock prices as an indication that future returns will be below their historical average. Golob and Bishop analyze how macroeconomic fundamentals and high price-earnings ratios on stocks will affect long-run returns.
Social Security Privatization: Balancing Efficiency and Fairness
By C. Alan Garner
Growing public awareness of future pressures on Social Security is eroding many Americans' confidence in this key retirement program. These pressures are nearly certain in the next century, stemming from the retirement of the large baby-boom generation, longer average life spans, and lower projected fertility rates. To meet such pressures, various reforms of Social Security have been proposed, ranging from simple repairs to the current system all the way to full privatization. In this context, privatization usually means moving the public retirement system toward a set of individual accounts with the workers' funds invested partly in private securities and with workers having some measure of control over investment allocations.
Choosing among the competing reform proposals is a daunting task. Supporters of privatization believe such reforms would boost economic efficiency, resulting in higher real output per worker and helping the nation cope with the future pressures from population aging. Supporters also believe privatization would produce a retirement system that treats different generations more fairly. Critics fear, however, that the privatization of Social Security would produce a more unequal income distribution for retirees and expose them to greater investment risks.
Garner examines these fundamental issues of economic efficiency and fairness that should be weighed when considering Social Security privatization. He suggests that any decision to privatize Social Security will require balancing the likely gains of greater real output and fairer returns to younger generations with the possible adverse effects of a more unequal income distribution among retirees and greater investment risks. This balancing must occur through the political process because fairness is a matter of values rather than economic analysis.
Does the Yield Spread Predict Real Economic Activity? A Multicountry Analysis
By Catherine Bonser-Neal and Timothy R. Morley
Forecasts of real economic activity are a critical component of many decisions. Businesses rely on such forecasts in forming their production plans. Policymakers rely on such forecasts when choosing the path of monetary policy or when forming the national budget. The appropriateness of these choices depends, in large part, on the quality of the forecast.
Despite their importance, forecasts of real economic activity can be unreliable. Forecasts based on macroeconomic models are often hindered by the lack of timely and accurate data and the complexity of the forecasting model. These difficulties have led to a growing interest in using financial variables to supplement traditional model-based forecasts of real economic activity. The advantages of forecasts based on financial variables are that such forecasts are simple to implement, and the data are readily available and less prone to measurement error.
One financial variable that has been particularly successful in forecasting U.S. real economic growth is the difference between long-term and short-term interest rates, or the yield spread. While evidence on the usefulness of the yield spread as a predictor of real economic activity for the United States is now well-established, evidence outside the United States is limited. To obtain such evidence, Bonser-Neal and Morley evaluate the ability of the yield spread to forecast real economic activity in 11 industrial countries.
Changes in the Depository Industry in Tenth District States
By William R. Keeton and Anne D. McKibbin
Recent developments in Congress and the courts have focused attention on the relative roles of commercial banks, thrifts, and credit unions. As concern mounted last year about the state of the thrift deposit insurance fund, Congress required commercial banks to share the burden of recapitalizing the fund. In return, Congress promised to come up with a plan for merging the bank and thrift charters, a move the banking industry has long favored. About the same time, a federal appeals court ruled against a major source of credit union growth since the early 1980s the acceptance of new members with a common bond different from the original members. The Supreme Court later agreed to hear the case, sparking a renewed debate in Congress about the proper role of credit unions in the financial system.
These recent actions by Congress and the courts follow a decade and a half of dramatic changes in the depository industry in Tenth District states. Some of these changes have been due to shifts in laws and regulations. Others have resulted from shocks to the regional and national economy and long-run financial trends such as the growth of secondary loan markets. While the changes to the district depository industry have been many and varied, four stand out. First, there has been a significant decline in the number of district depository institutions a decline in which banks, thrifts, and credit unions have all shared. Second, total deposits have declined when adjusted for inflation or measured relative to economic activity. Third, the share of thrifts in total deposits has plummeted relative to that of banks and credit unions. And fourth, while banks, thrifts, and credit unions still specialize in different loans and investments, the three types of institution do not look as different today as at the beginning of the 1980s. Such changes are important because they affect the thousands of depository institutions in the district and the supply of credit and other financial services to district households and businesses. With those effects in mind, Keeton and McKibbon show how the district depository industry has changed since 1979, explain the factors behind each change, and suggest what further changes may lie ahead.
Second Quarter 1997
Monetary Policy Without Reserve Requirements: Case Studies and Options for the United States
By Gordon H. Sellon, Jr. and Stuart E. Weiner
Over the past decade, the level of required reserve balances held by depository institutions in the United States has declined dramatically. The decline in reserve balances has fueled a debate over the role of reserve requirements. On the one hand, proponents of reserve requirements argue that low reserve balances may complicate monetary policy operations and increase short-term interest rate volatility. On the other hand, critics of reserve requirements argue that lower reserve requirements remove a distortionary tax on depository institutions and need not complicate monetary policy operations.
In a previous article, Sellon and Weiner provided an analytical framework for thinking about these issues. That article suggested that monetary policy can be conducted in a world of low or zero reserve requirements as long as there continues to be a demand for central bank balances.
In this article, the authors examine how three countries Canada, the United Kingdom, and New Zealand conduct monetary policy without using reserve requirements. The experience of these three countries provides insight into the linkages between the payments system and monetary policy and into the connection between reserve requirements and interest rate volatility. This insight is particularly helpful in understanding the implications of a further reduction of reserve balances in the United States.
Are We Living in the Middle of an Industrial Revolution?
By Joel Mokyr
The concept of a new Industrial Revolution has recently become of great interest to general economists of all persuasions. For example, the New Growth Theory has placed renewed emphasis on the importance of technological change in modern economic growth, and a number of authors have suggested that we are entering a new period of technological advances that could profoundly affect the world economy.
In an article based on comments made at the Tenth District Monetary Policy Roundtable, Mr. Mokyr looks at the events of our time in relation to events of the British Industrial Revolution. He cautions that the temptation to look at the past to guide us in making predictions and policy recommendations should be resisted. Historical analogies often mislead as much as they instruct, and in technological progress, where change is unpredictable, cumulative, and irreversible, the analogies are more dangerous than anywhere.
Settlement Risk in Large-Value Payments Systems
By Pu Shen
The phenomenal growth of financial market and trading activities worldwide has led to tremendous growth in large-value payments systems. Large-value payments systems are the electronic systems banks use to transfer large payments among themselves. Payment orders processed in such systems in the United States, for example, are typically well above $1 million.
The tremendous growth of payments system use throughout the world has increased both the possibility of settlement failures and the potential impact of such failures. In 1996, the average turnover in a single day exceeded the combined capital of the top 100 U.S. banks. Regulators are especially concerned that payments systems might turn a local financial crisis into a global systemic crisis. Shen examines settlement risk in large-value payments systems and discusses some of the measures available to manage such risk.
Cyclical Implications of the Declining Manufacturing Employment Share
By Andrew J. Filardo
Over the last 35 years, the U.S. economy has created service sector jobs at a faster pace than manufacturing sector jobs. Not only has this trend led to a significant shift in the composition of the labor force from manufacturing to services, but it has also fundamentally changed the characteristics of the average workplace.
Some economists have argued that the ongoing structural shifts from manufacturing employment to services employment may have had the additional consequence of smoothing the business cycle. A smoother cycle would be welcomed and would yield several benefits. The economy would grow more stably and would provide a more predictable backdrop for working, saving, and investing.
Filardo investigates whether the shift from manufacturing to services employment has muted the business cycle. He concludes that the declining manufacturing employment share may have substantially changed the workplace but has had little impact on the smoothness of the business cycle.
Financing Rural America: A Conference Summary
By Mark Drabenstott and Larry Meeker
After a steep recession in the 1980s, many rural places are mounting a strong economic comeback in the 1990s. Reflecting the economic turnaround, more people are moving to rural areas. Notwithstanding the improved rural economic picture, rural leaders remain concerned about rural America's economic future. Chief among these concerns is gaining access to capital to fuel continued growth.
Many rural communities, especially those traditionally tied to agriculture, are trying to diversify their economic base, and capital is needed to finance new businesses. Housing is in short supply, and many communities are seeking to finance affordable housing. And public infrastructure, such as water and sewer systems, is in need of refurbishment in some communities and expansion in others, pointing to additional capital demands.
While capital demands mount, questions linger about the adequacy of rural capital markets to meet those demands. To address this concern, the Federal Reserve Bank of Kansas City sponsored a conference entitled Financing Rural America in Omaha on December 4-5, 1996. In this article, Drabenstott and Meeker review the importance of capital to the rural economy, discuss some apparent shortcomings in the markets, and summarize the options for improving them presented at the Omaha conference.
First Quarter 1997
Bank Regulation: Asking the Right Questions
By Thomas M. Hoenig
If we are to modernize our regulatory system and allow banks the flexibility to adapt to financial change, it is essential that we ask the right questions about the purposes of bank regulation. Currently, much of the regulatory debate focuses on the age-old question: Where do we draw the line between banks and other financial and nonfinancial institutions? As important as this question is, however, it begs a more fundamental question: Why do we regulate banks differently than other institutions? Unless we can answer this basic question, it is possible that we may never achieve consensus on fundamental reform and will continue to rely on an incremental, reactive approach to bank regulation.
In an article based on comments made at the 1996 Federal Reserve/Deloitte Touch Banking Symposium in Houston, Mr. Hoenig suggests that we need to look beyond traditional arguments for bank regulation that focus on protection of bank depositors and the federal safety net. In his view, a compelling reason for bank regulation is to maintain the integrity of the payments system. Focusing on the payments system provides us with insight into two aspects of the current debate over bank regulation. First, the payments system gives us a clear rationale for drawing lines between banks and other financial institutions. Second, focusing on the payments system may provide new ideas on how we should regulate banks as we move into the next century.
U.S. Inflation Developments in 1996
By Todd E. Clark
The primary goal of Federal Reserve monetary policy is to foster maximum long-term growth in the U.S. economy by achieving price stability over time. Price stability will be achieved, according to some definitions, when inflation ceases to be a factor in the decision-making processes of businesses and individuals. Although the Federal Reserve has made considerable progress toward price stability since the early 1980s, inflation remains above the level most analysts would associate with price stability. Because stable prices are essential to maximum long-term economic growth and living standards, the Federal Reserve seeks to contain and gradually reduce inflation until price stability is attained.
Clark reviews inflation developments in the United States during 1996 in relation to the Federal Reserve's goal of achieving price stability over time. He first examines the behavior of inflation over the past year, showing that sharp increases in food and energy prices caused most overall inflation measures to rise, while inflation in nonfood and nonenergy prices slowed. Second, he shows that expectations of future inflation held steady at about the current rate, indicating the public expects no further progress toward price stability. Finally, he evaluates some inflation measurement issues raised in 1996, concluding that problems in accurately measuring inflation will require the Federal Reserve to monitor all price trends with vigilance. Together, the inflation developments of the past year were mixed.
The Productivity Growth Slowdown: Diverging Trends in the Manufacturing and Service Sectors
By Sharon Kozicki
Continuing gains in labor productivity are essential to keep real wages and the U.S. standard of living from stagnating. After a period of strong gains in the 1960s, the average growth rate of productivity slowed substantially in the early 1970s. In the following years, productivity continued to grow slowly despite rapid technological advances in such areas as computers and digital communications. Analysts have proposed differing explanations for the productivity slowdown and for the failure of productivity growth to rebound in recent years. Most explanations focus on aggregate factors, such as overall saving and investment rates or the quality of the labor force.
Kozicki approaches the productivity growth slowdown from a different perspective. In particular, she decomposes the slowdown into contributions by broad sectors of the economy, focusing on the two largest sectors manufacturing and services. Doing this reveals that the main factor accounting for the productivity slowdown has been stagnating productivity in the service sector. An accompanying and reinforcing factor has been the strong employment growth in services relative to manufacturing.
Tenth District Economic Developments
By Tim R. Smith
The Tenth District economy grew at a moderate pace during 1996. The district economy expanded vigorously in early 1996 but slowed as the year progressed. Tight labor markets in many parts of the region appeared to limit job growth, particularly in the large trade and services sectors. A slumping cattle industry also curbed overall growth in parts of the district. Nonetheless, construction continued to post healthy gains, energy activity improved somewhat, and manufacturing across the region remained stable.
Smith reviews the district's economic performance in 1996 and explores the outlook for 1997. In the year ahead, the district economy will probably continue to grow moderately, about equal to the 1996 pace. Tight labor markets will continue to constrain growth in many parts of the district. District manufacturing will likely remain stable, while trade and services continue to expand at a more sustainable, moderate pace than in previous years. Construction activity may moderate, but the farm economy is expected to improve somewhat, reflecting relatively strong prices and an improving outlook for the cattle industry.
Will the Wild Ride for U.S. Agriculture Continue in 1997?
By Mark Drabenstott
U.S. agriculture formally entered a new era in April 1996 when a new seven-year farm bill was signed into law overturning 60 years of commodity programs. The new bill set agriculture on a new course where markets, not government programs, will determine agriculture's products and its bottom line. The new path was underscored by one of the wildest years in commodity markets in recent memory. Grain prices soared to new heights, while cattle prices sank to new lows. The market swings pointed to the variations in income that agriculture may experience under the new farm bill. Nevertheless, a new record for U.S. agricultural exports also suggested that the market trend for the industry is decidedly up.
For most of U.S. agriculture the year just past was a good one. Crop producers had a banner year, with high prices and the first year of transition payments under the new farm bill. In contrast, livestock growers had a difficult time due to high feed costs, with problems especially pronounced for cattle producers. In the end, the boost to crop producers prevailed, and U.S. farm income was up sharply, while increasing much less in the district due to the cattle situation.
Drabenstott reviews the year just past for U.S. agriculture and suggests the year ahead should be another good one, though probably not as good as 1996. A bigger than expected 1996 harvest will weigh on crop markets, keeping prices below 1996 levels. Still, the 1997 harvest will have a major bearing on prices since grain stocks remain low by historical standards. The lower crop prices will help fatten livestock profits, and the livestock industry could have its best year in the past four. Overall, farm income will probably decline in the nation but remain relatively strong. In the district, where cattle profits are particularly important, farm income will probably rise. With export markets staying strong and commodity markets more settled, agriculture will generally have smooth sailing in the new market era.


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FOR IMMEDIATE RELEASE CONTACT: Alex Lencicki Marketing and Publicity Director, Orbit/Yen (212) 364-1182; firstname.lastname@example.com YEN PRESS LAUNCHES AN iPAD STOREFRONT NEW YORK, JAN 14, 2011 – Today, Kurt Hassler, Publishing Director at Yen Press, announced the release of the Yen Press app, a digital manga and comics storefront and reader on the iPad. The app is free to download, and will include volumes of some of Yen Press' most popular series: including MAXIMUM RIDE, GOSSIP GIRL, DANIEL X and NIGHTSCHOOL. Users will be able to preview and purchase volumes directly from the app, and get notifications when new titles and series are added to the library. The app also allows readers access to downloads of extended previews, standalone short stories, and creator and editorial commentary. Yen Publishing Director Kurt Hassler said: "We've wanted to explore the digital possibilities of manga for some time, and the size, image quality and portability of the iPad really make it ideal for showcasing this material for a wide audience." "In addition," says Maja Thomas, SVP Hachette Digital, "manga and mobile devices are an ideal match. This app will allow Yen Press fans instant and ongoing access to their favorite authors and titles." The app can be found at http://www.itunes.com/app/YenPress Yen Press is an imprint of Hachette Book Group dedicated to publishing graphic novels for adults and young readers. Yen Press' focus is primarily on licensed manga, but also publishes across the wide spectrum of the graphic novel market, including, but not limited to: original manga publications, original American comics/graphic novels, licensed adaptations, and children's graphic novels. Find more about Yen Press at www.yenpress.com.
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Balashikha (Балашиха, bɘɫɘ'ɕixa) is a city in Moscow Oblast, Russia, located on the Pekhorka River east of Moscow. It is known for its unique river and waterway system. The Pekhorka river system covers an area of from north to south and from east to west, and many small lakes and ponds were created by damming to provide water power for the cotton mills in the 19th century.
Its population stood at 147,909 in 2002 according to the Census, growing from 92,400 in 1970.
Balashikha is a comparatively young city, established in the 1820s. Only in 1928 was it given the status of a town, although several rural hamlets had existed long before on the site of the modern city.
The city stands on the famous Vladimirka road, which led out of Moscow to the east. This was the route along which convicted criminals were marched to forced labour camps in Siberia. The road was renamed Gorky Highway in the Soviet era. The failure of the Decembrist Revolt against Czar Nicholas I led to the execution of its ringleaders and the exile of many nobles to Siberia. Soviet era schoolchildren were told that the prisoners were marched in chains along this road followed by their wives. In truth the Decembrist prisoners were sent from St. Petersburg, the Czarist capital, through Yaroslavl and not through Moscow and Balashikha and the story was invented as part of celebrations of the 100th anniversary of the event in 1925.
Between 1830 and 1870, a cotton factory was in operation in the area, with its fabric called Balashikha. A railway station was built at the end of the 19th century, again called Balashikha Station.
As it grew, Balashikha absorbed other villages, including Gorenki, a suburban estate of Count Andreas Razumovsky, and Pekhra-Yakovlevskoe, an estate of a Prince Galitzine, the latter being in use for 250 years from 1591 to 1828. This is the site of a stone church, built from 1777 to 1782.
Saltykovka, part of Balashikha, has long been known for its attractions to the artistic community. Isaak Levitan, the famous landscape painter, lived there in 1879. Lev Tolstoy was another frequent visitor.
During soviet era Balashikha became a major industrial center with industries in metallurgy, aviation industry, cryotecnics, machinery and other fields.
Balashikha sent many of its sons to the front to fight the Germans during World War II. Among those who fought and died was Ivan Fleorov who commanded a Katyusha rocket division and is remembered by several monuments and museums in the area.
Along with many other Russian Orthodox Churches, the Cathedral of Saint Alexander Nevsky was destroyed by the communists. The Cathedral was blown up in the 1960s but was rebuilt, on its original site, in 2002 after the collapse of communism.
Balashikha is the site of a large Russian Army base and was closed to foreigners during the Soviet era, a ban which, in theory, remains to the present day. It is also home to several music schools, including the Sviridov School of Arts.
Although not part of the extensive Moscow subway system, Balashikha is home to many office workers who commute to Moscow each day. It has several thriving markets and retail centres and is quickly modernising in the wake of the fall of communism. It is surrounded by attractive woodland and countryside.
Source: "Balashikha in stories" (Балашиха в очерках и зарисовках) - А. Галанин и др.


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Grand Theft Auto was made in 2001.Everything is old styled.So, i came with a plan to change almost all of it.This is my second mod on GTAGarage.com.I did not make the mods.I mixed several mods to make a wonderful new mod.It is expected to complete in 2015.
The new plans are
a)Add new cars
2)Add new textures as well
3)New realistic sounds
4)Fix bugs and glitches
And more.
Thanks to everyone on GTAgarage.com(No thanks to spammers!).
Installation instructions.
Copy and paste all the files into your gta 3 folder.


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The National council for Arts and Culture, NCAC, at the weekend honoured distinguished Nigerians who have contributed to the development of the nation's arts and culture within their chosen areas of endeavour.
The 9th edition of the annual honour lecture/award brought together people that have excelled in their unique areas of endeavour covering administration of culture, Nollywood and the music industry, including an administrator of high repute in the person of Prof. Olu Obafemi from the National Institute for Policy and Strategic Studies (NIPSS).
The Minister of Tourism, Culture and National Orientation Chief Edem Duke urged the recipients to utilize their creativity, talent and expertise to advance the culture industry with a view to contributing meaningfully to the nation's development.
"All over the world, the sector is emerging to become a preferred sector that has great economic prospect and when fully developed can be rated to be one of the greatest contributors to the national economy, " Duke Said.
The Director General of NCAC Mr. Malgwi Maidugu said that the recipients were selected after wide consultations hence their conferment of the honour award.
"we tried to look at those artists who have struggled and thrived in their chosen areas of specialization to promote the industry and in promoting the industry, we have also tried to select those who are not too controversial in whatever they do, we are peace builders, as Nigerians we should try to see how we can build peace, harmony, friendliness among us. We will try to see those that are doing their best to keep the peace, and also the award will serve as an example to the upcoming artists. We cannot give the award to everybody at the same time but we have given some in the past and we have given some few this year and in subsequent years we will also select those that deserve the award".
One of the Awardees Vivian Anani, a Nollywood actress while expressing her gratitude said "I feel delighted for this great honour done to me by NCAC. I think my effort and contributions are recognized. Though Nollywood is not where it should be by now, we are getting there soon; we are improving and getting better every day."
On what she will change when given an opportunity she said "If I can have my way in Nollywood, I will reduce the way faces are being repeated in the movies, I will limit how many movies a particular face will appear in a month, for instance, you go to market to get ten different films and out of those ten, one will see a particular face in nine of them. That is very unfair; there are many upcoming artists who should be given a chance. You don't have to be in all the films, sometimes no matter how tempting a script may be, let the others do it, but you see some of our top actors and actresses will even want to block the junior ones from coming up. I sincerely think that it's about time we encouraged the upcoming ones, give them chance to showcase what they have because if you were not given the chance yourself, you wouldn't have become a star".
The event also witnessed the recognition of NCAC staff that have shown distinction in handling their various assignments.


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Llewyn Davis is a troubadour and vagabond, one who happens to be in grief.
The band is now touring Britain, after playing at the troubadour in London and releasing their second CD.
1727, from French troubadour "one of a class of lyric poets in southern France, eastern Spain, and northern Italy 11c.-13c.," from Old Provençal trobador, from trobar "to find," earlier "invent a song, compose in verse," perhaps from Vulgar Latin *tropare "compose, sing," especially in the form of tropes, from Latin tropus "a song" (see trope). The alternative theory among French etymologists derives the Old Provençal word from a metathesis of Latin turbare "to disturb," via a sense of "to turn up." Meanwhile, Arabists posit an origin in Arabic taraba "to sing." General sense of "one who composes or sings verses or ballads" first recorded 1826.


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The genetics program at Primary Children's provides genetic counseling, testing, and consultation for families of children with a wide range of genetic conditions, including chromosomal disorders, single gene disorders, and recognizable syndromes. A neurofibromatosis clinic is held once a month.
Service provided under the direction of the University of Utah School of Medicine. Physicians are faculty of the University of Utah School of Medicine.
Additional Resources:


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Sweet Lana - Bend Over the Sink Again, Honey (2011) [HD 720p]
Here you will find fresh porn videos, movies for every taste. You can download their by clicking on the link site file-sharing service Nitroflare, Uploaded, Gigapeta, Keep2Share.cc and many other.
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Title: Sweet Lana - Bend Over the Sink Again, Honey
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Duration: 00:23:29
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Home / Store / Journals / Electronic Articles / Fusion Science and Technology / Volume 45 / Number 2T
J. Ongena, A. M. Messiaen
Fusion Science and Technology
Volume 45 / Number 2T / March 2004 / Pages 453-466
Format:electronic copy (download)
The total amount of heating power coupled to the plasma Ptot and the energy confinement time are determining parameters for realizing the plasma conditions suitable for the reactor. We recall that the ignition condition can be expressed by the following condition on the triple fusion product:NT = Ptot2/(3 Vol) = 3N2T2Vol/Ptot > (NT)ignition (1)with T [approximately equal to] 15 keVwhere = E/Ptot is the energy confinement time, E = 3NT Vol for an isothermal plasma with Ti = Te = T and a plasma volume Vol; N is the plasma density. The value T [approximately equal to] 15 keV corresponds to the minimum value of (NT)ignition as a function T (see Fig. 1). In the present discussion for the sake of simplicity, we neglect density and temperature profile factors. The heating power in most of the present experiments is given by Ptot = POH + Padd where POH is the ohmic power and Padd is the additional heating due to neutral beam injection or R.F. heating. At ignition, the additional heating power must come completely from the energetic particles produced by the fusion reactions and we must have Ptot = P if we neglect the residual POH and the plasma losses by Bremsstrahlung (PBr [is proportional to] N2 T1/2).
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Body language has impact on presidential debates
PHOENIX -- Candidates could reveal a lot not by what they say, but rather what they show.
Body language expert Patti Wood said President Obama looked submissive in Denver during the first debate against Republican challenger Mitt Romney.
"He's got to gain ground by forceful gestures," Wood said. "I'm specifically interested to see if Obama will actually engage Romney by gesturing out, away from his body towards Romney. That symbolically looks like an attack."
Wood said tonight's debate is more critical for the president, who needs a strong bounce back performance from the first presidential debate.
"Romney is a great debater and a great fighter so I'm interested to see if he can also engage the audience," Wood said. "The anger and that power he used in the first debate won't play off the same way with an audience present."
Inspiring, personal stories will likely come up during the debate. Wood said both candidates can use storytelling to their advantage.
"If Romney has the opportunity to tell stories, his voice can become much more real and sincere when he does that," Wood said.
"Obama is a great storyteller, so I'm interested to see how those two storytellers will play off each other."
Both candidates will be taking questions directly from an audience of undecided voters.


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This property is part of Beaufort Park development.
Beaufort Park is a modern and stylish development intermixed with tree-line boulevards, private courtyards and landscaped parkland.
Key features
- Beautiful collection of two bedroom flats
- High specification finish with contemporary decor
- Exclusive residents health and fitness suite
- Gated and covered parking available
Designed and built with the finest attention to detail this collection of two bedroom flats offers comfortable open-plan living with modern furnishings and impressive balconies. The properties comprise extensive reception room with adjoining custom designed fitted kitchen, integrated appliances as standard. Sliding double glazed glass doors open into the decked balconies. Two double bedrooms, one of which boasts an en suite shower room with a separate luxurious bathroom, both of which are provided with Villeroy and Boch chinaware. A colour video entry phone system, 24hour estate management and a monitored CCTV security system makes Beaufort Park a safe and secure place to live, work and relax in comfort.
Local area
Superb on-site amenities including shops, bars and restaurants and an exclusive health and fitness centre while transport links into central London are only a short distance away with the M1 and A5 both within easy reach, ideal for motorists.
Colindale station
Northern line, Zone 4
Burnt Oak station
Northern line, Zone 4
Hendon station
Zone 3/4
Further details
- Council tax:
- To be confirmed
- Local authority:
- Barnet
- Total Sq Ft:
- To be confirmed
- Reference:
- 1334305
Energy Performance Certificates
Awaiting EPC
Help to Buy may be available for this property. More details.
Calculations by Alexander Hall Mortgages
Interested in this property?
Call Foxtons New Homes between 8am and 8pm, 7 days a week, on:
020 7973 2020


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Pantum P2000 Laser Printer
Reg. Price: $129.99
Our Price: $39.99
- Simple To Use
- Save Money
- Reliable Quality
- Lasting Durability
The Ideal Mono Laser Printer
The Pantum P2000 printer is robust, affordable and reliable. The perfect printer for your workspace. Fun design looks great in any dorm room or "hip" office!
Simple To Use
- Start printing immediately with the easy to install and easy to use Pantum P2000 printer.
- Replace cartridges less often with less hassle. One piece PB110 laser cartridges don't require separate drum unit whereas many manufacturers, such as Brother, do.
- Print on a wide variety of media types including envelopes, card stock, transparencies, labels and more.
- Connect with your computer easily via USB.
Save Money
Maintains a low cost of ownership. High-yield cartridges keep your cost per page about 20% lower than other entry-level printers.
The PB110H high yield laser toner cartridge keeps you printing for up to 2,300 pages. Enjoy the benefits of printing longer and replacing cartridges less often.
Save Space
The Pantum P2000 is compact at just 15" (38cm) in width x 10.3" (26.1cm) in depth x 9.3" (23.5cm) in height.
Reliable Quality
Clean effective paper path handles a wide range of media weights and sizes with a very low jam rate at about 1/30,000.
Metal instead of plastic frame provides longer engine life and vibration free printing for crisp, clean lines and sharp text.
Lasting Durability
Built with an extremely robust print engine with 20,000 page monthly duty cycle and 2-3x the engine life of similar products.
Internal mechanical parts made with steel instead of plastic. Less affected by temperature and more resistant to what is considered normal wear and tear.
Reliable design lasts for up to 100,000 pages.
Excellent Customer Service
The 123inkjets support staff is equipped to answer questions regarding your printer and its supplies. Pantum product experts are ready to walk you through any upper-level technical issues you may need.
The manufacturer provides a 1 year warranty.
Earth Friendly
- Minimal power consumption in standby and sleep modes.
- Low ozone emissions and less waste toner residue than other printers of its class.
- Manufactured with high quality environmentally friendly materials.
Uses the PB110H high-yield (2,300 page) and PB110 standard-yield (1,500 page) cartridges. Both are available on our site for a low price.
What's in the Box?
- P2000 Printer
- 700-page introductory cartridge
- software and documentation CD
- power cord
- USB interface cable
- quick installation guide
The Pantum P2000 printer takes the PB110H high-yield (2,300 page) and PB110 standard-yield (1,500 page) cartridges. Replacement laser toner cartridges are available on our site for a low price.
Mac Driver Software now available for download here.
|Print technology
|Monochrome Electrophotographic Laser
|Print speed
|Up to 20 ppm A4 / 21 ppm letter
|First page out
|Less than 10 seconds
|Warm up time
|Less than 23 seconds
|Paper Handling
|Print resolution
|Normal: 600 x 600
Best: 1200 x 600
|Input capacity
|150-sheet auto feed tray, 10-sheet manual bypass slot
|Output capacity
|100-sheet face down
|Media sizes
|Letter, Legal, Executive, A4, A5, A6, B5, B6, Folio
Envelopes: Com 10, DL, C5, Monarch
|Custom media sizes
|3" x 5.8" to 8.6" x 14.2"
|Media types
|Automatic paper tray:
Plain paper, bond, vellum, envelopes, punched, recycled
Manual feed slot:
Labels, cardstock, transparencies, postcards
|Media weights
|Standard feed tray:
16 to 28 lbs.
Manual bypass slot:
16 to 43 lbs.
|Manual, with driver support
|Printer languages
|Control panel
|1 button: cancel, continue
2 LEDs: attention, paper out
|Monthly duty cycle
|64 MHz
|8 mb
|Operating systems supported
|Microsoft® Windows® 7 (32-bit/64-bit), Windows Vista® (32-bit/64-bit), Windows® Server, Mac OS X v10.4, v10.5, v10.6, v10.7 or v10.8
|Operating environment
|Humidity: 20 to 89% RH
Temperature: 40° to 95° F
|Storage environment
|Humidity: 10 to 95% RH
Temperature: -13° to 104° F
|Standby: inaudible
Operating: Less than 54 dB
|Power requirements
|110 to 127 VAC (+/- 10%), 60 Hz (+/- 2 Hz), 12 amp
|Power consumption
|Active: <350w; standby <6w
|Dimensions (WxDxH)
|15" x 10.3" x 9.3"
(380 x 261 x 235 mm)
|11.7 lbs. (5.3 kg.)
|What's in the box
|Pantum P2000 printer, 700-page introductory cartridge, CD with software and documentation, power cord, USB cable and quick installation guide
|1,500-page standard yield cartridge
|2,300-page high yield cartridge
|1 year
100% Satisfaction Guaranteed for 2 Full Years. Shop with Confidence!
You may also be interested in...
Pantum Printer Bundle - P2000 Printer, 1 Intro Toner and 2 XL Toners
Reg. Price: $239.97
Our Price: $148.99
Pantum PB110H HY Black Laser Toner
Reg. Price: $89.99
Our Price: $59.99
Buy 3+ : $58.00 ea.
Pantum PB110 Black Laser Toner
Reg. Price: $82.99
Our Price: $58.99
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text:
- Home >> Puppy Cages
Puppy Cages
See our huge selection of Puppy Cages
Find PUPPY CAGES, puppy crates/ pet carriers and dog kennels that offer you an effective way to housebreak puppies or keep your pets safe and secure when in or away from home. There are many styles of puppy cages, from folding dog cages to dog cages with wheels. Dog cages also come in a variety of sizes so you'll find just the right puppy cage for your doggey!
Click here to see our huge selection of Puppy Cages
Related pet products:
A Soft-Sided Pet Carrier offers a secure and durable place in which to transport your pet safely. They not only make traveling with your pet easier, but your pet also remains comfortable and secure within the carrier's small confines.
Designed for pet owners who travel with their pets or for those with limited storage space at home, a folding pet carrier sets up or folds flat in seconds. When not traveling, a folding pet carrier can be used indoors or out as a training crate. A folding pet carrier comes in many styles and sizes including soft sided folding pet carrier and wire folding pet carrier.
Traveling with your pet doesn't have to be a stressful trip. We have a jet set pet carrier that will make your airline travel easy, safe and fun for everyone. Jet set pet carriers come in many styles including: rolling airline pet carrier, tot on airline pet carrier, deluxe pet carrier and many more!
What is a fold away pet carrier? It's simply a pet carrier you just fold it up, put away and forget about it until next time. Made from premium quality materials for years of durable wear, you'll find it useful for transporting dogs, cats, and small animals. All styles feature a removable, wire mesh door that can be opened in either direction; extra small and small sizes also feature an additional top-loading door. There are places to attach food and water cups, and removable locking wheels are available for the medium and large sizes.
We have a large selection of courture pet carriers for dogs, cats and small animals. Whether you're just going to the park, or need an airline pet carrier, you'll be traveling in style with a courture pet carrier from our huge selection of pet carriers.
While most custom crates are more expensive than ready-to-order crates, you will provide your pet with a very special space to live, play, or travel. With custom crates, you get to decide exactly what you want your crate to look like and include.
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Hi all, just doing a quick survey for a side project and would like to know the following
Number 1 is the most important so the rest are optional
Thanks :D
1. Gmail (Sparrow looks promising, though)
2. It was quick to setup with my work/personal email and I literally get 0 spam messages.
3. Same as above
4. I have a lot of communication in my emails (sometimes going 50 deep) so it would be nice in someway if I could search through them easier if I need to.
1. Gmail
2. Super easy to set up, enjoy the labels, sorting, marking things as important, always being updated, etc etc
3. #2
4. Can't really think of anything. Would prefer it to be 'outside' of the Google-Everything atmosphere.
@TheDoc just reminded me of something I'm going to blog about, maybe on netmag. It has to do with Gmail's Filters.
Ah yes, the filters are great!
1. iCloud
2. Push email on iPhone
3. Push email and syncing between Mac, Web, PC, iPhone, iPad
4. Push email sometimes totally doesn't work
Well actually, to be very honest….it sucks. But the push notifications do it for me. If GMail would offer push on iPhone, I'd use that right away.
@Senff I think this is where Blackberry is superior.
1. gmail
2. loads quickly, moves quickly, and links actually work when you click them. (sorry, comparing it to hotmail in my head)
3. the stuff in #2, plus what others have said–no spam, easy access, etc.
4. i really wish there was a more obvious way to sort by unread messages than the syntax in the search bar that even right now i can't remember, and will probably have to google later (omg, it's a conspiracy!!!11one). also, when they first implemented the new layout, it looked to me like a site with a missing stylesheet or something, just unfinished and stupid. i've since gotten used to it.
@senff have you tried setting up Gmail in the iOs mail client?
the Gmail app sucks but in the native client it works well
@karlpcrowley I actually have iCloud, my own IMAP mail, Yahoo, Hotmail, GMail all configured in the iOS mail client (overdoing it much, eh!)…but it doesn't send push notifications for any of those except iCloud.
That's odd, it pushes fine for me, in the settings menu there should be an option called "Mail Folders to Push"
Do you really need so many accounts? :P
I don't NEED them really, but the thing is, they all have their purpose:
– iCloud: because of the push notifications
– own IMAP: required to send email with my @senff.com address
– Yahoo: where I sign up for all newsletters and stuff
– Hotmail: is my Live Messenger ID, some of the people in my Messenger list use that to reach me
– GMail: same but for people who have me in GMail Talk/Google Chat
OK now that I wrote all this down, this looks ridiculous. :-/
I'll check the GMail pushy thing. Although the thing I want/need most importantly, is to be able to send mail using my @senff.com address as both the "send as" and "reply to" address. Let's see if Gmail can do that ;)
create subfolders in your gmail for the others and set up forwarding
that way they all get gmails spam filtering
Push is enabled on my iPhone (I think this is a "all-accounts" setting, not "per-account") but when I send a message to my Gmail, I don't get a push notification. when I send to my iCloud, I immediately get notified. So it's not iOS failing here, and GMail just doesn't do it.
Every time I try to figure this out and make this work, I am reminded why I keep giving up. ;)
You must be logged in to reply to this topic.


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Asian Soccer
welcoming the world cup and soccer season….
Flickr photoset via Sex or Not
welcoming the world cup and soccer season….
Oscar nominee Heath Ledger inspired a posse of gay cowboys in Sydney's annual Gay and Lesbian Mardi Gras parade at the weekend.
Wearing cowboy hats and riding chaps showing their buttocks, the "Brokeback Mormons" joined 120 floats and thousands of gay pride marchers dancing their way through the streets.
Xeni Jardin:
Chinese-American artist Yun Bai makes "porn flower" collages from adult magazine snippets. She laquers them together to create trompe l'oeil scenes that look like traditional mother-of-pearl tableaus at a distance. Up close, however, you can see the dirty bits. Link to artist website. Use the pull-down menu to select "porn flowers," and choose the heading marked "Sold" to see more. (Thanks, Hillary)
Naked News, which features anchors and reporters who disrobe during newscasts, launched its risque take on current affairs in Japan.
Since making its debut in Canada in 1999, "The program with nothing to hide" has become available via the Internet, television and mobile phones in North America, Australia and Europe.
The service initially will be news that is provided for Naked News' existing markets but with Japanese subtitles. The plan is eventually to produce content in Japan that will appeal to a larger percentage of the population.
Initially, newscasters will strip to their underwear, but the producers to be able to see how far Japanese obscenity broadcasting laws can be bent before they are broken.
Canadian-born presenter Lily Kwan has been peeling off her work clothes for five years and described the experience as "liberating." "I love being able to go out onto the streets and take my clothes off," she said. "While we have been in Tokyo, people have been very surprised to see us with no tops on, but they're very happy and interested in talking to us."
tag this for xtreme?
Pinku eiga (lit. "pink film") is a style of Japanese softcore porno movies that originated in the early 1960s and are still being produced.
The master brain behind the multidisciplinary company called 'Atelier van Lieshout' is the artist Joep van Lieshout. His art factory produces installations, sculptures, furniture, architecture and everything in between, van Lieshout is especially famous for his 'Mobile Homes'. Strange organic environments, sometimes added to existing architecture, but also presented as architectural installations on their own. In has recent work he is focusing on the human figure, or it's internal organs, in his art. He uses organs like the liver, heart and womb but also more sexual explicit ones like the penis and the vagina.
His work is best described as conceptual, but it's far from difficult to understand. He plays with known imaginary, known cultural icons and basic human feelings and embraces them in his installation. His work is all about exploration and experiences, the exploration of the artist, but maybe even more the exploration of the visitors engaging the work of van Lieshout.
I can imagine entering the large rectum installation called "Bar Rectum" with a huge smile on my face getting something to drink or do some lounging, or going back to my origin in the "Womb House" and feel finally safe again.
related articles:
A Gnome with a Sex Toy
Spencer Tunick in England
Feminism & Art : Louise Bourgeois
The website of Atelier van Lieshout
Via The Art Of Love :: Erotic art & nude photography
Hey! A womb with a view! This reminds me of a previous project interactive was proposing recently… hehehehehehe
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My ex is with someone else but wants to keep in touch with me. Will he ever come back?
A year and half ago I've been with this guy for 5 months, he was separated but not divorced yet. We live 2 hours apart and used to see each other... Show More
Most Helpful Opinion
Keywords: "...BUT I KNOW I SHOULD MOVE ON." There's your answer.
IF HE WANTED TO BE WITH YOU, HE'D BE WITH YOU. No question about it...men hide behind this "I don't know" thing, thinking that you're gullible enough to fall for the lie. They know what they want, and it looks like he wants to date around and keep you as a "friend," so when he's sick of the next girl, he can come back to you and you'll be there waiting.
And HE'S MARRIED?!? ugh...so he probably has done the exact same thing to his wife.
Girl, leave him alone and let him clean up his life: get the divorce (because there'll NEVER be a future with a married man), and figure out if he's ready for a relationship and if it's with you. Otherwise, you're just getting used.
He's been divorced for 4 months and separated for more than 2 years. When we met he was already separated but had to deal with lots of stuff. Fort that reason he told me that we met at the wrong time and that what I wanted and what he wanted were two different things.
What Guys Said 2
The part that caught my attention was "but I know I should move on". You answered your own question. He is just coming out of a marriage, was he cheating while married? If he was, he's a player, he'll never be satisfied with one woman. Let him know that if you lived close to each other you could give the relationship a shot, but that this long distance relationship does not work for you.
No they were already separated and she had someone else. But he cheated in the past and on his current girlfriend so I guess that you're right.
You need to see what's in it for you? Pain, dissapointment, heartache or something so good that it's too hard to let go. Only you can decide this, but if he is always saying that he's thinking of you and in the future there may be a chance for the both of you, then you need to walk away now!
He lays down with someone else but thinks of you? That says it all Ithink..
If you wanted to be with someone then you would, it's simple.. being at a distance would not matter as it's just geographical, and it's a temprary thing.
Hi Sam,
What do you mean with "He lays down with someone else but thinks of you? That says it all" ??
There's no doubt that he's with someone else because he likes her.
It may be true that he thinks about me (but on what extent he does? You can think about your dog!!!), but maybe he said it to keep me there for him...maybe he's a good lier.
So you have answered it your self, he's keeping you their just in case something happens to the one he's with doesn't work out... Besides why do you want him if he's with someone else? He's a real good liar and there's more to this than said or you can't really see what's really going on...
At the end of the day why do you want to get hurt even more? I wouldn't nor would many others..
What Girls Said 6
my advice is to not wait on this guy. move on with your life. be happy and just take care of yourself and honestly if I were you, I wouldn't count on him coming back. he's with someone else. the first thing that would come to my mind if I was in this situation is what are they doing? probably hooking up and...that would turn me off from returning to any ex boyfriend.
I haven't called him for more than a month now and I'm starting to see the benefits of not being with him. It's been a nice experience but yes it's past!
And honestly if he's with someone else is because he didn't find in me what he needed.
Also, you're absolutely right, thinking that he's *** with someone else turns me off.
Thank you, very good answer!
MOVE ON :) girl, you need a new man that will except the pace you wanna take it. You can't rewind a relationship. Because if you could. I would have. But he likes this new girl, go get yourself unavalible. He will want you back. Trust me.
Thank you my friend. I'm trying to move on with all my wishes. If he wants me back he'll get in touch, if he doesn't it means that the Lord is opening my way for someone better.
they always come back... the real question is, should YOU be there when he comes back? think logically, never let anybody walkall over you.
I don't think it would be a good idea to get him back anyway unless it's in years time, I am lonely and he has changed. For how things are at the moment it wouldn't be worth it to try again, it's been nice what has been. I think I'm now ready to move on!
Good for you, you'll find someone who appreciates you. NEVER SETTLE!!
Have an opinion?


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It has been about two weeks since the first year of the coach Brian Jones era ended with the Starkville High School baseball team.
That era will only consist of one season.
On Monday night, Jones revealed that he has taken the same position with the Pearl High School Pirates.
Jones said the decision did not come easy, but after much thought and consideration, he felt it was the right move for his family at this time.
"I wasn't looking to leave or move," Jones said. "The situation just arose where they contacted me and I really didn't think much about it. They've been in contact over the last couple of months and I just prayed about it a great deal and felt led that it was the best place for our family."
To subscribe to the E-edition, please click here [3].
[1] http://starkvilledailynews.com/sites/default/files/IMG_5088.jpg
[2] mailto:email@example.com
[3] http://starkvilledailynews.com/eedition


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Puerto Princesa Port Manager Receives Another Award
June 10, 2009 by WebMaster
Filed under PMO Puerto Princesa, `News & Updates
General Manager Atty. Oscar M. Sevilla recently announced the recognition bestowed by the City Government to PPA Puerto Princesa Port Manager Mr. Luis A. Cuison.
The Philippine Ports Authority (PPA) GM Atty. Oscar M. Sevilla recently announced the recognition bestowed by the City Government to PPA Puerto Princesa Manager Mr. Luis A. Cuison.
Port Manager Luis A. Cuison was conferred the Mayor's Award during Puerto Princesa City's 137th Foundation Day last March 4, 2009 in grateful recognition of his contribution to the environmental campaign of the City through his management of PPA facilities under the Puerto Gwapo Program and the honor/prestige he brought to the City in winning as the nation's "Most Environment Friendly Port," among others.
His individual contribution as founder/organizer of PPA's Puerto Gwapo Program has further enhanced the image of the City as a premier destination not only for seafaring tourists but to the rest of local visitors. The City Government has included the port in their guests' itinerary as one of the showcases of its Clean and Green Program.
The Philippine Ports Authority as a matter of policy puts premium on establishing rapport with and providing support to programs of LGUs which are mutually beneficial as in the case of the Clean and Green Program. This became a regular feature of the PMO's Plans and Programs, participating in coastal clean ups and reforestation activities at the City's watershed (Pista Y and Kagueban) and at coastal areas (mangrove reforestation).
PMO Puerto Princesa's Clean and Green efforts intensified during the past three earning recognition from the City Government and in July 2008 the Most Environment Friendly Port Award from the PPA management. All these took place during the term of Port Manager Cuison, translating to action PPA's mission of sustaining development of our port communities and the environment.
The Mayor's Award is conferred by Mayor Edward S. Hagedorn to individuals who rendered their voluntary services contributing to the development of the City of Puerto Princesa.
PM Cuison shares the honor of the Mayor's Award with his staff, PPA management and the port community without whose support the feat could have not been achieved.


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Franchise Encyclopedia ▪ Previous Season ▪ Next Season
Record: 39-43, Finished 5th in NBA Pacific Division (Schedule and Results)
Coach: Garry St. Jean (39-43)
PTS/G: 98.2 (19th of 27) ▪ Opp PTS/G: 99.2 (9th of 27)
SRS: -0.74 (16th of 27) ▪ Pace: 92.3 (17th of 27)
Off Rtg: 105.5 (20th of 27) ▪ Def Rtg: 106.5 (11th of 27)
Expected W-L: 38-44 (16th of 27)
Arena: ARCO Arena (II) ▪ Attendance: 709,997 (9th of 27)
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Transactions listed are from July 1, 1994 to June
30, 1995.
Click on the Team for team roster and stats.
Click on the Player for career stats and accomplishments.
July 26, 1994
Signed Alaa Abdelnaby as an unrestricted free agent.
August 19, 1994
Signed Frank Brickowski as an unrestricted free agent.
Released Wayman Tisdale.
October 6, 1994
Signed Jimmy Oliver as a free agent.
October 31, 1994
Waived LaBradford Smith.
Signed Doug Lee as a free agent.
November 3, 1994
Waived Mike Peplowski.
January 9, 1995
Waived Trevor Wilson.
March 21, 1995
Waived Alaa Abdelnaby.
April 20, 1995
Signed Derrick Phelps to a contract for the rest of the season.
June 24, 1995
Lost Derrick Phelps to the Vancouver Grizzlies in the NBA expansion draft.
June 28, 1995
Drafted Corliss Williamson in the 1st round (13th pick) of the 1995 NBA Draft.
Drafted Tyus Edney in the 2nd round (47th pick) of the 1995 NBA Draft.
Drafted Dejan Bodiroga in the 2nd round (51st pick) of the 1995 NBA Draft.
June 29, 1995
Traded Spud Webb to the Atlanta Hawks for Tyrone Corbin.


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It's been readily apparent for weeks that the Steelers were too banged up and otherwise out of sorts to put together another bid for the Super Bowl. Most likely they were going to lose to New England in six days in Foxboro, but they should have enough - even with half the defense sidelined or compromised - to down a 8-8 team, even on the road.
The Steelers might have (could argue they should have) pulled it out, but poor coaching and, more importantly, a lack of adjustments kept them from advancing. Moreover, the Steelers just became evidence for the many Tebowtards out there that Timmy is "for real", whatever the hell that means. I'll give the guy credit, of his 10 long completions, a lot of them were pinpoint throws that were downright impressive. But a lot of quarterbacks in this league will excel if the opposition is defending their receivers in man coverage with no safety help.
I don't fault Dick LeBeau for trying that scheme at the outset. Who would trust Tebow to make accurate throws the way he has played? But how was that still the coverage by the time overtime rolled around? LeBeau's ancient and maybe that advanced age makes him more resistant to change than he should be. Shit, it took four or five losses to the Patriots before he tried something new with them. If anything, the loss deprives us of the chance to see if LeBeau would actually stay creative with the challenge of New England. It could have been hubris that convinced him even after his defense got burned several times in the second quarter that lowly Tebow couldn't hit another open receiver streaking down the field.
I'm not among the irate knee-jerkers calling for LeBeau's ouster or even the dispatching of Ike Taylor. Obviously, Taylor was put in a difficult position with Ryan Mundy giving him no help over the top. But you can't be a supposed shutdown corner and get abused the way he was by Demaryius Thomas. Thomas is a great young player who has been on fire the last month of the season. Not really a guy to take lightly in single coverage, even if it's Tebow throwing to him.
The clock management on the final drive of regulation was atrocious. The Steelers seemed to have more issues with that this season than at any point in Tomlin's tenure. Mike is a guy who talks a good game about being hard on himself and his strategies, and he usually, if not always, follows through on that. Let's hope he makes a point to revisit some of those blunders between now and September.
Give it up to Ben playing hurt and rallying the team back. He was obviously hobbled and appeared to have reaggravated his injury at one point in the game, but stuck it out and was solid throughout. Can't say his receivers did him a lot of favors either. Jerricho Cotchery and Mike Wallace had two critical drops on what would have been big plays when the throws were there. It's nice that Wallace made the Pro Bowl as a starter and all, but I can't image that it did a lot for his contract demands that he forgot how to catch the ball the second half of the season.
Had to have heartened a lot of Mendenhall's detractors to see Isaac Redman play so well. That's probably the brightest point for me. If Mendy didn't just suffer a torn ACL, you could conceivably see him offered as trade bait, both to acquire another pick and maybe clear some cap room for Mike Wallace.
In some ways, I guess losing to Tebow isn't as bad as losing to New England, because then at least the last meeting between the Steelers and the Pats was a victory and we don't have to hear about how this season was a repeat of 2004, when the Steelers won the regular season meeting, only to drop the playoff rematch with the Greatriots. That said, I'm not watching a goddamn minute of SportsCenter or any sports talking head show all week.
Pretty shitty showing by the refs yesterday. The botched fumble on the lateral seems to be getting all the attention, OF COURSE. It was a terrible call, no doubt, but the Broncos got their share of breaks as well, if you wish to count three grievous no-calls on Harrison holds, a puzzling incidental contact explanation when a defender tripped Antonio Brown streaking toward the end zone (the Steelers had to settle for a field goal instead) not to mention what could have been a helmet-to-helmet hit on Mike Wallace in the second half. There was some garbage officiating throughout the weekend, which makes yet another case for full-time officials, but don't hold your breath or anything.
Yeah, the Steelers will be back next year, presumably healthy at a lot of positions where they didn't finish the year healthy, so that's nice. Except people like James Farrior, Casey Hampton, Brett Keisel, Ike Taylor and Max Starks are gonna be a year older. Will Starks still be a capable tackle for one more year. Does anyone trust Willie Colon being worth another shot if he even comes back? Another postseason loss that showed that the corner play is a liability might lead you to think a DB would be a big priority come draft time. Who knows, though. With Green Bay and New England the likely participants in the Super Bowl, the line of thinking may just be that defense doesn't mean shit so long as you can put up 40 per game. That would lead you to think that the Steelers are a strengthed O-line away from being a serious threat again.
There's also the matter of the middle linebackers. Fans are furious with Lawrence Timmons, who did have a down year, but James Farrior has lost a step as well. They're two positions that certainly must be addressed. So even though Mike Wallace is the only guy to be concerned about, the Steelers have some veteran fat they can trim, but will have to have a big score or two in the draft to be able to enter 2012 with an eye on another championship run.
Tebow 3:16 Means You Just Got Sideline Smolderfaced
by Christmas Ape at 2:20 PM
tags: big ben, dick lebeau, guhhh, isaac redman, max starks, mike tomlin, mike wallace, playoffs
1 comment:
- Jim Philips said...
They need to do some changes in the team and fast or there won't be a tomorrow with the team and a lot of people on pay per head services community think so.
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What does the SCOTUS' Wiley v. Kirtsaeng decision mean for books, publishing?
March 21, 2013 | 12:55 pm
By Brian Howard
By now you've likely heard that the Supreme Court has ruled, in a 6-3 decision, in favor of immigrant scientist Supap Kirtsaeng in Kirtsaeng V. Wiley.
In what's being heralded as a win for consumers and libraries, and a loss for publishers, the SCOTUS overturned a previous ruling against Kirtsaeng, who had been buying textbooks printed (legally) abroad—where they cost significantly less than they do in, say, the United States—and then reselling them in the U.S. on eBay and turning a handsome profit in the process.
In a statement yesterday, Wiley's President & CEO Stephen M. Smith wrote: "We are disappointed that the U.S. Supreme Court has decided in favor of Supap Kirtsaeng and overturned the Second Circuit's ruling. It is a loss for the U.S. economy, and students and authors in the U.S. and around the world."
In a separate statement, the American Library Association touted the ruling as a "total victory for libraries and their users," as had the court overturned the "first sale" doctrine—which states that after someone has purchased a copyrighted work, they are free to lend, gift, rent and resell that work—it would have had deleterious consequences for lending institutions, as well as used-book sellers: "It is especially gratifying that Justice Breyer's majority opinion focused on the considerable harm that the Second Circuit's opinion would have caused libraries."
Over at Forbes, Gary Shaprio, president and CEO of the Consumer Electronics Association, who some 30 years ago was involved in a similar legal battle focused on the VCR, writes, in a opinion piece that imagines the far-reaching implications of this decision beyond publishing:
"Just as the survival of the first-sale doctrine in 1985 allowed the home video market to thrive, the Supreme Court's decision Tuesday could have potentially significant applications beyond just textbooks or, more broadly, digital content. If the reasoning is extended to pharmaceuticals, for example, Americans would no longer be the chumps who pay the highest prices in the world simply because they're not allowed to shop overseas where prices are lower. Buying the same drugs cheaper overseas could dramatically reduce our burdensome health care costs."
What's your take? Victory for consumers? Defeat for publishers? Or something a little more nuanced?
* This article originally appeared on the website of Book Business magazine.
Another 'Permission Culture' Landmine
Morning Links: Apple Receives Helen Keller Award. 1990s Guide to the Web
Morning Link: eBook Subscription Legal in France. Metadata Good For Book Sales
American Library Association doesn't welcome the CODE Act
Book review: Things that go Bump in the Night, selected by Douglas Draa and David A. Riley, Parallel Universe Publications
I don't think there's any reason to try to read more into the decision than it says. It's a straightforward decision that basically says that practices that have been permitted for more than a century are still permitted.
The decision merely reaffirmed the status quo. No new ground was broken. Had it gone the other way, that would've been a big deal.
Had Wiley prevailed, that would have been new ground. This is still about legally obtained copies of a copyrighted work that are in a fixed format (paper in this case). Whether the doctrine of first sale can be successfully applied to digital objects such as eBooks and eTextbooks remains to be seen. Apparently, Amazon and Apple are hedging their bets with patents for the transfer of digital objects from one person to another. ReDigi might be the first test case.
Textbook publishers are also hedging their bets but in a different way. The EDUCAUSE/Internet2 eTextbook pilot (https://docs.google.com/document/d/11TDTJBja1rcXGCk4pRK4llLBsmUbWLkWEHVLfFJ570U/edit?pli=1) now in progress illustrates textbook publisher thinking. Not only are they digitizing traditional textbook content but they are also placing that content into proprietary containers (Learning Management Systems or Content Management Systems), adding analytics-driven features and dealing directly with institutions who will guarantee that unit sales will equal enrollment. There will be no secondary (used) market for these packages of "learning content." There may not be any digital textbooks.
If book publishers and distributors don't want legally-printed and cheaper foreign copies to destroy their profits, they will up the price of the foreign editions so they are in parity to the US edition.
That means no one in countries where poverty is high will be able to afford these textbooks.
I would not call that a victory for anyone.
And Frank is right. This has nothing to do with digital first sale.


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Resource Finder at Kennedy Krieger Institute
A free resource that provides access to information and support for individuals and families living with developmental disabilities.
Paul A. Watkins, M.D., Ph.D.
Kennedy Krieger Institute
707 N. Broadway
Baltimore, MD 21205
Phone: (443) 923-2754
Email: email@example.com
Dr. Paul Watkins is a research scientist at the Kennedy Krieger Institute. He is also a professor of neurology at the Johns Hopkins University School of Medicine. He has held joint appointments in the Department of Biological Chemistry since 1992 and in the Center for Human Nutrition in the Department of International Health at the Johns Hopkins Bloomberg School of Public Health since 1994.
Biographical Sketch:
Dr. Watkins did his undergraduate, graduate and medical training at Johns Hopkins, receiving a medical degree and doctoral degree in biochemistry in 1978. In the years which followed, he served as both a research associate and medical staff fellow at the National Institutes of Health, as well as commissioned officer service for the United States Public Health Service.
Research Summary:
Childhood X-linked adrenoleukodystrophy (ALD), which was depicted in the 1992 movie "Lorenzo's oil," results from destruction of myelin in the brain. Biochemically, XALD patients are unable to break down fatty substances called very long-chain fatty acids (VLCFA). Because of this impairment, toxic VLCFA accumulate in the brain and other organs. A primary goal of the Watkins laboratory is to understand the biochemical basis of XALD and related genetic diseases. Patients with these diseases all have intellectual disabilities, adrenal gland insufficiency, and other significant health problems.
Research in the Watkins lab has focused on a family of enzymes involved in the metabolism of fatty acids, called "acyl-CoA synthetases." A subset of these enzymes that process VLCFA may contribute to the biochemical abnormalities in XALD. One enzyme, called ACSBG1, is of particular interest because fruit flies with a mutation in ACSBG1 resemble XALD by having brain degeneration and accumulation of VLCFA.
In the course of these studies, researchers in the Watkins Lab have discovered several new enzymes involved in VLCFA metabolism. One of these, which is not thought to be involved in XALD, was found at exceptionally high levels in brain tumors. When malignant brain tumor cells are depleted of this enzyme, the cells become significantly less malignant. Further investigation of this enzyme may yield new therapeutic approaches for brain tumors.
LINK: SciVal Experts Research Profile for Paul Watkins
Research Publications:
Pei Z., Fraisl P., Shi X., Gabrielson E., Forss-Petter S., Berger J. and Watkins P.A. (2013). Very long-chain acyl-CoA synthetase 3: Overexpression and growth dependence in lung cancer. PLoS One, 8(7). doi: 10.1371/journal.pone.0069392.
Nchoutmboube J.A., Viktorova E.G., Scott A.J., Ford L.A., Pei Z., Watkins P.A., Ernst R.K. and Belov G.A. (2013). Increased long chain acyl-CoA synthetase activity and fatty acid import is linked to membrane synthesis for development of picornavirus replication organelles. PLoS Pathogens, 9(6). doi: 10.1371/journal.ppat.1003401.
Montgomery C., Pei Z., Watkins P.A. and Miziorko H.M. (2012). Identification and characterization of an extramitochondrial human 3-hydroxy-3-methylglutaryl-CoA lyase. The Journal of Biological Chemistry, 287(40), 33227-33236.
Kadam S.D., Gucek M., Cole R.N., Watkins P.A. and Comi A.M. (2012). Cell proliferation and oxidative stress pathways are modified in fibroblasts from Sturge-Weber syndrome patients. Archives of Dermatological Research, 304(3), 229-235.
Watkins P.A. and Ellis J.M. (2012). Peroxisomal acyl-CoA synthetases. Biochimica et Biophysica Acta, 1822(9), 1411-1420.
Wang Y., Busin R., Reeves C., Bezman L., Raymond G., Toomer C.J., Watkins P.A., Snowden A., Moser A., Naidu S., Bibat G., Hewson S., Tam K., Clarke J.T.R., Charnas L., Stetten G., Karczeski B., Cutting G. and Steinberg S. (2011). X-linked adrenoleukodystrophy: ABCD1 de novo mutations and mosaicism. Molecular Genetics and Metabolism, 104(1-2), 160-166.
Melton E.M., Cerny R., Watkins P.A., DiRusso C.C. and Black P.N. (2011). Human fatty acid transport protein 2a/very Long Chain acyl CoA synthetase 1 (FATP2a/Acsvl1) has a preference in mediating the channeling of exogenous n-3 fatty acids into phosphatidylinositol. The Journal of Biological Chemistry, 286(35), 30670-30679.
He M., Pei Z., Mohsen A.W., Watkins P., Murdoch G., Van Veldhoven P.P., Ensenauer R. and Vockley J. (2011). Identification and characterization of new long chain acyl-CoA dehydrogenases. Molecular Genetics and Metabolism, 102(4), 418-429.
Moser A., Steinberg S.J., Watkins P.A., Moser H.W., Ramaswamy K., Siegmund K.D., Lee D.R., Ely J.J., Ryder O.A. and Hacia J.G. (2011). Human and great ape red blood cells differ in plasmalogen levels and composition. Lipids in Health and Disease, 10. doi:10.1186/1476-511X-10-101.
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Atlantic City Beer and Music Festvial
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Andrei Markov - D
6'0" 207 lbs
2011-12 Stats 13GP- 0G- 3A- 13Pts- -4
The Cost
Andrei Markov is heading into year two of a three year contract worth $5.75 million.
When signed, many felt it was a crazy deal seeing as how his knee had caused him to miss all but seven games in 2010-11 . In 2009-10, he played a scant 37 games only to be re-injured in the playoffs, limiting him to eight games during their unexpected playoff run which saw them reach the conference finals, where they lost to the Philadelphia Flyers in five games.
However, in the 45 games Markov appeared in that season, he earned 34 points with a +11 rating. Markov even had four points in his limited playoff presence.
It's no secret that if Markov can stay healhy he will be worth every penny.
With Markov limited to just 13 games, it's tough to gauge his performance. The team was 4-3-6 with him in the lineup but was also without goaltender Carey Price for nine of those contests.
Even if you put aside the fact that the team was playing without it's starting goaltender — and that the team was capping off a season from hell — it's hard to fully rate his performance.
After missing such a significant amount of time on the ice it takes time, even for someone with Markov's talent, to get back into the swing of things. Markov did average 18:00 minutes of ice time upon his return but is more used to around 24:00 minutes per game.
The Fit
If healthy, Markov will have an impact at both ends of the ice. As the top powerplay unit's quarterback, his unique vision, accurate passing and trademark backdoor slot rush will no doubt improve the team's effectiveness with the extra man.
Markov will have quite a few possibilities of partners along the blueline when the season opens in October against the Senators.
The veteran blueliner has had plenty of success in the past with Josh Gorges and will more than likely be teamed with him again. However it's fun to picture him patrolling the back end with fellow Russian, Alexei Emelin.
With Markov's experience and hockey I.Q., Emelin would be free to step out of posistion on occassion to crush an opposing player knowing that he's got one of the league's best watching his back.
Subban would be another possibility, although their offensive similarities will more than likely keep them from being partnered up. The two should see some time together on the PP though with Markov setting P.K. up for some ridiculously wound up one-timers.
What are your thoughts on Markov? Who would you like to see him paired with, and will he live up to his price tag?
Sean is a freelance writer currently contributing to HabsAddict.com. He is also a regular blogger and frequent panelist on the Habs post game show at MontrealHockeyTalk.com You can follow Sean on Twitter.
Thursday, August 16, 2012
Montreal Canadiens Offseason Player Profile: Andrei Markov
Andrei Markov - D
8 comments:
Good stuff, as always, Sean.
To answer your question, I think Emelin is a natural fit with Markov. Remember how good of a pairing Komisarek and Markov were? I think the same dynamic is at work with the equally physical Emelin. And, to boot, both are Russian, which is an added bonus.
Agree with Louis. I'd like to see him on a second pairing with Emelin, as he shakes the rust off and shows Emelin the Russian way. At least for the first while.
off top of head, Markov is perfect fit with defensive Yemelin; but i remember cursing Martin for pairing a plodding Hamrlik with a boat anchor named Spacek simpy (it seemed) becasue they were Czechs.
But, even on 2nd thought and ignoring that they are both Russian, it would seem a nce fit of oe offensive puck-mover with a defensive minded back-up. And with Yemelin's -18 rating, he really could use the best puck-mover at his side (as Komisarik did).
And Subban matched with Gorges is a similar nice-fitting young duo.
And Boulion can back-up for Kaberle's "softness" in the defensive one and Kaberle's also is a great and smart puck-mover, so would have 3 fairly balanced pairs.
I agree with all above. Markov is best suited on the 2nd pairing with Emelin.
Considering what he has been through, his age and the fact than Emelin is still adapting to the NHL game.
They are better suited to play against team's 2nd and 3rd lines,not their top line.
With Subban, Markov & Kaberle for a full year, our offense should see a marked improvement as they are all very good puck movers.
As usual, Devil's advocate on this one.
I personally do not want to see Markov with Emelin.
I think that barring any changes Gorges, Subban, Markov and Emelin are our top 4 d-men however Emelin did struggle in his defensive coverage and was (by memory) alot less physical when he was playing on the right side.
The issue this team has is that we have 5 on our top 6 players who shoot left. Gorges proved he was more than comfortable there so if it was up to me I would be pairing Markov and Gorges together as a unit and then pair Subban and Emelin.
This pay Emelin gets to play a position that he is alot more comfortable and we still have a units set up with one offensive and one defensive d-man.
some argue that face off% isnt that important, when i say the Habs as a group suck and all are <50% and it costs games.
And which hand a d-man i think is very minor and any d-man worth anything can adapt easily enough. So in a perfect world having 3 sets of RH and LH guys would be a bit of a bonus, but not important and pros and cons even out.
@ Anon
I think it's easy for a lefty to play on the right side. I mean I shoot left and am much more comfrotable on the right side of the ice. But i've played there my whole life.
Some guys excel on the right side but because of familiarity. To adjust after spending X amount of years on the left is not easy. Spacek said he struggled, Hamrlik refused, Emelin was out of place.
I personally see pairing a guy sturggling on the right with a guy coming back from seriious injury is extremely risky.
I agree with Bryan Willey, Emelin is a lot better on the left, for both seeing the game and his hits. But I would add that on the PP Emelin has a good shot and Markov is better as a set-up man to a lefty playing on the right on PP. I would try Kaberly for the 2nd PP unit on the right to feed Subban on the left, but hey! that's really not up to me.