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I received several emails regarding my post on Risk-Free Banking and Fractional Reserve Lending that I would like to share.
Reader Alice who travels the world at a ripe young age of 89, says ...
Hello Mish
It is wise always for professionals to stand aside from conspiracy theories, There is no sense compromising the future because the past misread the tea leaves.
Bernanke is doing what he was appointed to do....keep the money coming for the US Government to spend, thereby monetizing all expenditures no matter the purpose.
The growing call from citizens for some form of fiscal sanity is beyond the purlieu of the Fed. It never was established to settle accounts, or keep them within bounds.
The founder of modern international finance, Amschel Rothschild, gave the aims and direction of his enterprise simple instruction when he declared he cared not what governments did, all he wanted was the right to control, print their money. Governments took him at his word and his business grew exponentially so he must have been doing something right or as Lloyd Blankfein said "doing God's work!"
Bernanke knows Obamacare may be "defunded" and other excesses curbed, and he doesn't like that. His stewardship of the Fed is not to maintain status quo but to expand its power, its "credit" base worldwide, to continue the momentum his predecessors started. He doesn't have to curry favor with politicians, since they love to spend and he provides the means to do so across national borders and in all commodities sold worldwide. So long as that function maintains any semblance of order, the Fed goes on and on, gathering more followers in every year.
I would love to see a return to "sensible accounting" but I am hard pressed as to what constitutes "sensible" these days. When I began investing, one looked at the real property on balance sheets. In today's tech driven world, the definition of value is more cloudy than ever before, especially since all transactions and exchanges are literally fabricated from thin air and deposited in "The Cloud".
The third dimension is printing money as if it was a magic wand to create everyone's dream.
All I know is that when I travel the world, (and I do every year) I see people who have never lived so well in any other time in history, including the poor and downtrodden. I know the American Century has something to do with that but I also know the British Empire had almost the same effect in its time at bat and I am waiting to see what happens, progresses next.
Alas, I don't have much time to assay such things. At coming of age at 89, I may have to settle down here in Florida in my small villa and get reports second hand.
I do love your approach and you can be assured I will be reading you as you write.
Thank you,
Alice Maxwell
Moral Hazards
Reader Rick comments on the moral hazards of Fed policy.
Hi Mish
The title of Megan McArdle's article is "Banking Without Risk Is Impossible", yet she supports a policy that creates moral hazards. Instead of a system where both parties take a risk, one party is off the hook. This leads to bad lending policies because there are hardly any consequences to bad lending policies.
Indeed, as it stands banks are always bailed out at taxpayer expense, the very epitome of "moral hazard". In effect, the Fed encourages excess risk taking, and bubbles are the inevitable result.
True Meaning of Banking Safely
Reader Bruce pinged me with his thoughts on teaching his children the true meaning of "risk-free".
Hello Mish
I have tried to educate my children on this very subject. We as a family are working our way to being debt free.
This is the only way I can see to bank safely. We have purchased rental property, business property, and are in the process of paying off our last home. We are also building up a large cash reserve (aware that inflation takes it toll).
We also have gold reserves, and liquid assets.
Owning property free and clear, especially income property, gives one options that those with mortgages don't have.
Thanks to all who wrote regarding fractional reserve lending (whether I commented or replied).
And also thanks to many of those who commented on Attack of the "Digger Bees".
Yes, I knew that "digger bees" (yellow jackets) are not bees but wasps.
Bees, as many readers pointed out are generally docile. I like bees actually and put out a "humble bumble" home and nests for mason bees.
We are looking into the EpiPen antidote system, because this is now the third stinging event regarding yellow jackets on my property.
Mike "Mish" Shedlock
s I watch the latest polls from Germany there are numerous outcomes, none of which will be pleasing to chancellor Angela Merkel, except outright victory by CDU/CSU +- FDP.
If anything but a CDU/CSU +- FDP majority happens, the chancellor will face seriously unwelcome choices.
For example: Reader Bernd pinged me with this comment yesterday "I just watched the last TV discussion. SPD has made it clear that EUROBONDS will be part and parcel of the package, if they come in with a coalition. Merkel was dead set against those up to now. Grand Coalition ??"
Indeed. Recall that Merkel is dead set against Eurobonds. Also recall eurobonds are against the German constitution.
And what is the price to pay for other coalitions?
Grand Coalition or Grand Fantasy?
A close friend continually points out: the German population wants a "Grand Coalition". And I agree with his assessment. But politically speaking, how stable would it be?
That is Merkel's concern, and that is why she is on a public campaign for voters to not split their votes.
But what if that is not good enough?
Latest Polls
Here are the latest polls.
As INSA reports things, there are numerous possibilities.
Give or take a mere 1-2% there are many possibilities.
The only coalition that does not pose serious problems for Merkel is #3: CDU/CSU + FDP.
Mainstream Media Finally Catches On!
I have been talking about these issues since March. On September 19, CNBC finally reports Anti-euro party powers ahead as German elections near.
With just days to go until Germans head to the polls, the likelihood of Chancellor Angela Merkel retaining her crown grows ever larger. But Germany's establishment could still be in for a shock.
On Thursday, the anti-euro Alternative fur Deutschland (AfD) hit the 5 percent threshold for the first time that parties need to gain a seat in parliament, according to an INSA poll. The poll suggested Merkel may not be able to re-form her center-right coalition with the liberal FDP.
The poll gave Merkel's CDU/CSU coalition 38 percent of the vote, while the FDP got 6 percent. Their combined 44 percent would not give them a majority in parliament.
If the AfD makes it into parliament and the current liberal coalition partners don't, the party could prove a headache for Merkel. She will be faced with tough talks to form a new "grand" coalition and would have to join forces with Steinbrueck's SPD.
The margin of error on these polls is +-3% and given the 5% threshold, that makes many of the polls useless.
But notice the trend. And the trend by media was to completely ignore the possibility that AfD would make it into parliament.
The secondary trend assumption was that a "Grand Coalition" was likely.
While a "Grand Coalition" is possible, it is not a given, just as I have stated. And if it does happen, it will not be stable, as demand after demand will be placed on Merkel.
Biggest Political Chameleon in History
Of course Merkel could be ready and willing to sell voters straight down the river. Otherwise, some major compromises are in store.
The above discussion assumes that Merkel is really against Eurobonds except as a matter of political expediency. Is she? Or will the biggest political chameleon in history change colors once again?
Barring an outright majority by CDU/CSU + FDP, we may soon find out.
Mike "Mish" Shedlock
Steen Jakobsen, Chief economist at Saxo Bank in Denmark, pinged me today with his thoughts on "the morning after" and "price discovery".
In my opinion these two paragraphs of the FOMC Statement are the key ones:
- The Committee sees the downside risks to the outlook for the economy and the labor market as having diminished, on net, since last fall, but the tightening of financial conditions observed in recent months, if sustained, could slow the pace of improvement in the economy and labor market.
- The Committee recognizes that inflation persistently below its 2 percent objective could pose risks to economic performance, but it anticipates that inflation will move back toward its objective over the medium term.
#1 – Tighter monetary conditions clearly concerns them – the only reason for forward guidance as per Vice-chairman Yellen is to "direct market" to FOMC central projection – this got out of control and we now effectively have not only a put on the stock market, but also a put on the bond market. The whole financial market is now "government controlled" – Price discovery has been reduced close to ZERO – as even the term-premium (expected rate expectations) is ignored and considered invalid by Fed and its merry men.
# 2 – The wording is mild, but it's a real concern. I have no doubt inflation, or lack of, played bigger role than anything else in taking decision to not taper. An economy with weak inflation, is an economy with excess capacity – An economy with excess capacity is not an economy healing and creating jobs – hence – Fed also de facto yesterday stated: the unemployment rate is invalid to use as gauge for future monetary policy but also as statistical indicator.
Whole Financial Market Government Controlled
In regards to Steen's comments "The whole financial market is now "government controlled" – Price discovery has been reduced close to ZERO", I agree 100% (for now).
But will "control" last forever? If you think it will, then why did we have a housing and stock market crash?
Price Stability
In regards to inflation, I have to shake my head. Inflation is not a good thing, not now, not ever. And with so many boomers headed into retirement on fixed income with few assets, inflation is even more crippling.
I have a question: Does the following chart look like price stability?
Inflation Targeting at 2% a Year
The next chart will show you what happens when wages do not keep up with prices.
Real Disposable Personal Income Per Capita Detail
The above two charts from my post Huge Problem With Bernanke's 2% Inflation Target Explained in Pictures.
Click on the link for still more charts.
Is Inflation Really Under 2%?
I think not. In fact I know it isn't. You just have to know where to look.
Inflation is only under 2% if you ignore soaring money supply, the stock market bubble, bond market bubbles, a reblowing of the housing bubble, and other global bubbles.
And what is so magical about 2% anyway? Why not 1%, 3%, 5% or some other number?
Asset Bubbles
Actually any price-inflation target is ridiculous. Price targets of any kind cannot accurately be measured precisely because price targets, by definition, ignore asset bubbles (including housing, which is not directly a part of the CPI).
And didn't we go down this path before? Twice?
Yes we did: first with a dot-com stock market bubble, then with an even bigger credit-housing bubble.
Was there anything stable about that? Indeed not. The Fed has a history of blowing bubbles of increasing amplitude over time.
Ridiculous Comment of the Day Revisited
Yesterday in Ridiculous Comment of the Day, I took exception to statement made by Paul Denoon, head of emerging-market debt at AllianceBernstein Holding LP (AB), who regarding the Fed's decision not to taper said "This creates stability."
My reply ...
Really? The Fed buying $85 billion in assets a month creates stability? Denoon must live in Bizarro World along with Ben Bernanke and the rest of the Fed.
In Fed Bizarro World; One-Sided Risk Assessment; The $64 Trillion Question I asked "How in the hell is the Fed going to normalize interest rates with a recovery in full bloom, with interest rates three or four full percentages points below normal?"
Some people prefer short-term stability even when the outcome is long-term disaster.
Is the Fed doing all of this on purpose? I think not. For further discussion, please see Purposeful Class Warfare? Breathing Room for Rupee? Sheer Stupidity?
Not My Fault Says Bernanke
Whether on purpose or not (and I strongly suggest "not"), the result is the same and it looks like this comic from Merk Investments, via email from Steen.
Bernanke Wants 2% Inflation in a Deflationary World
Here's the problem in a nutshell: Bernanke Wants 2% Inflation in a Deflationary World; Who Pays the Price?
Asset bubbles and massive income inequality are the direct results of Fed policies.
For still more reading, or in case you are unconvinced about who is to blame, please see Reader Asks Me to Prove "Inflation Benefits the Wealthy" (At the Expense of Everyone Else).
Even though the problem is the Fed (central banks in general), coupled with fractional reserve lending and pseudo-money created out of thin air, many seriously misguided souls (including Keynesian high-priest Paul Krugman) think the answer is a destabilizing rise in the minimum wage and still more inflation!
Mike "Mish" Shedlock
The quote of the day goes to David Stockman. In a Bloomberg video, Stockman claims (and I agree) "Bubbles Ben to be Replaced by Calamity Janet".
Partial Transcript
They are stumbling into the endgame of this whole misbegotten spree of QE, ZIRP, and massive manipulation of financial markets.
We are going to basically replace bubbles Ben with calamity Janet.
She has no clue how to wean wall street from the pathetic addiction to this massive stimulus, easy money that has been going on for the entire century.
I backed that up because she has spent her whole life as a monetary bureaucrat in the Fed system, and has no clue what honest capital and genuine free markets are about.
[She] believes the entire system has to be run by a monetary politburo, turning all the dials and short-term interest rates and yield curves and the entire financial system.
She is part of group-think, part of the Keynesian consensus that 12 people are running at $16 trillion economy.
They are delusional.
Link if video does not play: Yellen Has No Clue How To Run the Fed
David Stockman was Ronald Reagan's Budget director.
Stockman is also the author of The Great Deformation: The Corruption of Capitalism in America and the #1 New York Times bestseller The Triumph of Politics: Why the Reagan Revolution Failed.
For more on Stockman, please see ...
End of U.S. Imperium—Finally!?
Heart of the War-Mongering Hypocrisy
Stockman nails the heart of US war-mongering hypocrisy with this question [on Syria]:
"After having rained napalm, white phosphorous, bunker busters, drone missiles, and the most violent machinery of conventional warfare ever assembled upon millions of innocent Vietnamese, Cambodians, Serbs, Somalis, Iraqis, Afghans, Pakistanis, Yemeni, Libyans, and countless more, Washington now presupposes to be in the moral-sanctions business?"
There is much more in the article. Please take a look.
Mike "Mish" Shedlock
On September 16, Spain's economy minister, Luis de Guindos, said Spain on Track to Meet Budget.
Spain is on track to meet the 2013 budget deficit target it agreed on with its European Union partners and should emerge from recession before the end of the year, the economy minister said on Monday.
After the financial crisis burst Spain's construction bubble in 2008, "no doubt 2014 will be the first year when Spain will have some recovery," the minister said.
Given the depth of Spain's recession, the European Commission agreed in May to give Madrid more time to reach its budgetary targets. Mr. de Guindos said he expected Spain's deficit to fall to the new target of 6.5 percent of gross domestic product — rather than the initial target of 4.5 percent — from 7 percent last year.
Although officials from the International Monetary Fund and other creditors started another review of Spain's banking progress on Monday, Mr. de Guindos suggested that "Spanish banks don't have an important capital need," implying that Spain would not require an extension of its bank bailout.
How many lies and distortions can one man present in a few short paragraphs?
If by some miracle Spain meets this year's target, it is only because the target changed 4 times in the past two years.
Yet, I still have to ask: how likely is that?
Spain Budget Deficit Soars
On September 17, Dow Jones Business News reported Spain Budget Deficit Soars
Spain's government said late Monday the country's budget deficit stood at 5.3% of gross domestic product in the first seven months of the year, an indication that the euro zone's fourth-largest economy may miss its deficit target for the fourth consecutive year.
Spain is looking to bring its budget deficit to 6.5% of GDP this year, down from 10.6% last year. The target, set by the European Union Commission, was already relaxed earlier this year from a previous 6.3% of GDP, but many economists say even the easier target may be hard to attain, as the economy was in recession at least until the second quarter, and only moderate economic growth is anticipated in the second half, which should keep tax receipts at low levels.
Just Monday, think tank Funcas said 19 economists surveyed were expecting, on average, that the economy will grow 0.1% in the third quarter from the second, and Spain will post a budget deficit of 6.7% of GDP for the full year. The economists surveyed are also expecting that Spain will miss next year's deficit target, of 5.5% of GDP.
This is important because a string of large deficits has driven Spain's government debt to the highest level in over a hundred years. Last week, the country's central bank said debt stood at 92.2% of GDP as of June--well above the year-end target of 91.4% of GDP.
This reinforces the view held by many private sector economists, and the International Monetary Fund, that Spain's government debt will rise significantly above 100% of GDP before it peaks, despite government assurances to the contrary.
Spain's Budget Deficit €54 Billion Through July
Via translation from Guru's Blog, please consider Spain's Budget Deficit Rises to €54 Billion Through July.
Let's try not to lose the debt and deficit data since our politicians have a special ability to change forecasts as if nothing had happened.
The deficit totaled €54.293 billion in the first seven months of the year, and representing 5.27% of GDP against a target of 6.5% set for the full year, according to the latest data released Monday by the Ministry Finance and Public Administration.
The odds of meeting the deficit target, barring last-minute window dressing is quite low.
Total government debt is €947.184 billion, a new record. The ratio of public debt to GDP level is 92.6%, according to the Bank of Spain.
Recall that in September 2012, the government forecast for year-end 2013 was debt-to-GDP ratio 90.5%. Unless miracles, we will be well above that figure.
By the way, the total debt of €87.660 billion in short-term securities matures within one year.
Is Spain going to meet even four-times reduced targets? I highly doubt it.
Mike "Mish" Shedlock
Anyone smart enough to withdraw from the race to replace Ben Bernanke
as next Fed chairman must have something on the ball, at least
The Larry Summers' haters got their wish today as Summers withdrew his name from consideration.
Summers called president Obama, then issued a a formal withdrawal letter stating "I have reluctantly concluded that any possible confirmation process for me would be acrimonious and would not serve the interest of the Federal Reserve, the Administration or, ultimately, the interests of the nation's ongoing economic recovery."
In response, the White House issued a statement "Earlier today, I spoke with Larry Summers and accepted his decision to withdraw his name from consideration for Chairman of the Federal Reserve. Larry was a critical member of my team as we faced down the worst economic crisis since the Great Depression, and it was in no small part because of his expertise, wisdom, and leadership that we wrestled the economy back to growth and made the kind of progress we are seeing today. I will always be grateful to Larry for his tireless work and service on behalf of his country, and I look forward to continuing to seek his guidance and counsel in the future."
Barry Ritholtz at the Big Picture mocked the withdrawal with a spoof Translated into Truth: On Summers Withdrawing Name
"Earlier today, I spoke with Larry Summers and accepted his decision to withdraw his name from consideration for Chairman of the Federal Reserve.Will Yellen Be Any Better?
Larry was a critical contributor to the radical deregulation that was one of many causes of the worst economic crisis since the Great Depression. It was in no small part because of his lack of expertise, false wisdom, and inept leadership that the economy crashed and burned and even today is still failing to be to back to its full growth potential.
As Treasury Secretary, he helped to pass the Commodity Futures Modernization Act. This turned derivatives into a unique financial instrument with no oversight, reserve requirements, mandated disclosures, or listing minimums. The CFMA all but guaranteed that Derivatives would eventually implode. Summers further contributed to the crisis by Summers by overseeing the repeal of Glass Steagall. With this firebreak between Wall Street and Main Street effectively removed, the financial conflagration of 2008 spread from Wall Street to every corner of the economy.
Further, his terrible advice and lack of insight is in large part the reason we see so little progress being made today — the lack of economic growth, the concentrated bank power, the still dangerous financial system and of course, the sub par job creation.
I will always blame Larry for the way he damaged my presidency. To anyone who to seek his guidance and counsel in the future, please don't make the same naive errors I did.
The Detractors WinYellen 100% Assured to Make a Mess
The detractors win both sides. Neither Yellen nor Summers is qualified. In fact, there is not a single person who would take the job that is qualified. There should not be a Fed at all.
The idea that a group of economic wonks can sit down and micromanage the economy to health is preposterous. Central bank clowns have proven time and time again they have no idea what the interest rate should be.
A massive bubble in dotcom stocks followed by a massive bubble in housing is proof enough. And this Fed on which Yellen sits has triggered asset bubbles in stocks and bonds and she cannot even see it.
Crisis Management Needed
Curiously, lots of analysts suggest we do not need Larry Summers because there is not going to be another crisis.
Rest assured there will be another crisis, and much sooner than most think. But that does not make Summers qualified. His role is to help create crises, not stop them.
Tweedle Dum vs. Tweedle Dee
The only candidate that makes sense is the candidate who will set a target date to end the Fed. Unfortunately, no such candidate is on the short list.
The choice is between Tweedle-Dee who rates to slosh money around even more than Bernanke in a futile effort to create jobs, and Tweedle-Dum who will do whatever Wall Street wants.
Practically speaking, is there really a difference?
France operates an "immense" surveillance system of telephone, email and internet traffic similar to the US operation revealed last month by whistleblower Edward Snowden, Le Monde newspaper reported on Thursday."Margins of Legality"
Like the systems apparently operated by the National Security Agency in the US, the DGSE surveillance covers the identity, place, date, duration and "weight" of telephone calls, but not the content.
Similarly, the "metadata" of text messages, faxes, emails and "all internet activity" on networks run by companies such as Google, Facebook, Microsoft, Apple and Yahoo are collected, Le Monde said.
President François Hollande reacted sharply to Mr Snowden's allegations that the NSA had spied on EU and European offices, including the French embassy in Washington.
He said such activities were "unacceptable" and should "cease immediately". He has called for a full explanation from the US government, linking any progress on key EU-US trade talks due to start next week to full disclosure from Washington.
Paris insisted it does not spy on its allies, but Mr Hollande's outburst raised some sceptical eyebrows among the diplomatic community in the French capital.
Le Monde said the DGSE system was conducted with "complete discretion, at the margins of legality and outside all serious control".
It quoted Bernard Barbier, technical director of the DGSE, as saying at public seminars that France "probably has the biggest information centre in Europe after the English".
If the revelations about the U.S. spying program Prism led a chorus of indignation in Europe , France, she did minor quibbles. For two good reasons: Paris already knew. And does the same thing.Don't Worry It's Only "Alegal"
The World is able to prove that the Directorate General for External Security (DGSE, the services special) systematically collect electromagnetic signals from computers or phones in France, as well as flows between French and abroad: all our communications are spied. All e-mails, text messages, telephone records, access to Facebook , Twitter , are then stored for years.
If this huge database was used by the DGSE who officiates as outside French borders, the case is already illegal. But six other intelligence services, including the Central Directorate of Internal Intelligence (DCRI), customs or Tracfin service fight against money laundering, including the data that draw interest daily. Discreetly on the sidelines of the legality and beyond serious control. Political know perfectly, but the secret is the rule.
An Illegal Device
This Big Brother French, brother of U.S. services is illegal. However, its existence appears discreetly in parliamentary documents.
The Target: "Metadata"
DGSE and collecting the phone records of millions of subscribers - the identifier of the calling and called the place, date, time, the weight of the message. Same for mail (with possibility to read the mail subject), SMS, fax ... And all Internet activity, which involves Google , Facebook, Microsoft , Apple , Yahoo! ... This is what the parliamentary delegation intelligence rightly calls "the signals intelligence" (SIGINT), translation of SIGINT (signal intelligence) of the NSA.
Supercomputer at Boulevard Mortier
DGSE and collecting trillions of data compressed and stored in Paris, on three levels, boulevard Mortier, in the basement of the headquarters of the DGSE.
Bernard Barber then spoke of the "development of a computer-based FPGAs" (programmable logic circuits), which is "probably the biggest center computer in Europe after the English ", able to handle tens of petabytes of data - that is to say tens of millions of gigabytes. The heat generated by the computers enough to heat buildings DGSE ...
Lack of Control
The device is completely illegal - "a-legal", corrects one of the bosses of the intelligence agencies "The legal regime for security intercepts prohibited implementation by the intelligence services of such a procedure. Prism that ensures the National Commission on Informatics and Liberties ( CNIL ). Each requisition for data or interception is targeted and can not be done on a massive scale, as quantitatively as temporally. Such practices would therefore legally unfounded.
An unambiguously wrong, disruptive and often deliberately committed act for which there is not yet a specific law making that act expressly illegal. (See Extralegal) Financial and white collar crimes, such as offshore banking, misrepresenting the value of investments and temporarily selling 'junk' assets to create cashflow are prime examples of "a"legal activities. Alegality is a corollary of the distinction between amoral and imoral reasoning as applied to legality.Mish Definition of Alegal
Broker#1: We're putting together a portfolio of failing investments so we can sell it investors then short against it and make a killing.
Broker#2: Isn't that illegal?
Broker#1: Nope, just alegal... Now lets get some lattes.
With 2016 in his sights, Rand Paul is distancing himself from some of his father's more extreme views. David Catanese on why the apple must fall just far enough from the tree.Reflections on Pandering
Standing in front of more than 100 South Carolina GOP activists in West Columbia Friday night, the Kentucky senator largely steered clear of the week's two dominant, divisive issues that are tying his party in knots: Gay rights and immigration reform.
Instead, he diverted from his early presidential-primary-state speech script and went for the jugular on a topic that, while not necessarily timely, would surely please a military-friendly crowd: A full-throated defense of profiling.
"After 9-11 we had a special program for student visas . . . Why?" Paul asked. "Because 16 of the 19 hijackers were overstaying their students visas. Was it targeting? Was it profiling? Yes. Because only certain people are attacking us. Why don't we use some brain sense to go after the people who are attacking us?"
The guests ate it up, rewarding Paul with sustained thunderclaps. It was one of his biggest applause lines of the night. But it was also a curious statement from a likely 2016 White House contender who built his brand on a libertarian approach to government. This, from the same guy who stood on the Senate floor for 14 hours to protest the potential use of drones to target Americans?
The address was almost exclusively devoted to foreign affairs and tactics employed in the country's struggle against terrorism -- a marked change from his previous early state primary speeches and a subtle acknowledgment that he must prove he's no softy when it comes to national security.
It's not that Paul walked away from his core libertarian philosophy. He stood by his belief that even those charged with the most heinous, evil crimes --- like the Boston bombing -- deserve a day in court.
"You may not all agree on this but it's worth thinking about," Paul cautioned before explaining his rationale to halt indefinite detentions of possible terrorists.
When he bravely posited his idea of a full audit of the Pentagon, he was met with complete silence. But he strived to emphasize that greater oversight of the military isn't incongruent with support for troops on the ground.
Hogan Gidley, a former state party official who advised Rick Santorum's 2012 presidential bid, said it was evident Rand's mission was to wipe away any perception that he was weak on defense.
"His father, rightly or wrongly, was saddled with being anti-military. I think he wanted to say, 'I'm a little tougher' from the foreign policy standpoint. South Carolinians love that stance. He wanted to get out front of being outflanked on the right on military issues," Gidley said.
It's a thin line to walk for a candidate-in-the-making whose libertarian streak helped define his identity, but could ultimately limit his ambitions. He is astute enough to address his vulnerabilities with large sections of the party. But with every speech or position that's calibrated to win converts and broaden his appeal, there's the risk that he could end up losing part of the fervent base built for him by his father.
Rep. Mick Mulvaney, a close friend of Rand's who jogs and plays baseball with him, said he believes what most significantly separates the senator from his father is his ability to crisply articulate his ideas in a marketable fashion.
"Rand knows how to deliver the libertarian-leaning conservative message better than anybody, at least as well as anybody," praised Mulvaney. "Some folks might've looked at Ron Paul and dismiss him out of hand because he was far too extreme to them. They'll not be able to do the same thing with Rand after they meet him. If you sit and talk to Rand, he comes across as extremely bright, extremely articulate and the farthest thing from crazy or extreme."
The speech in South Carolina offers an acute example of Paul's crafty approach to winning over a room -- with some instant evidence of success. But ironically, it simultaneously exposes the outline of a potential attack that could be used against him by a 2016 rival: That Paul has morphed into a panderer, all too willing to tweak his positioning in the pursuit of politics.
ICYMI: Rachel Maddow Had To Issue A Trigger Warning During Her RNC Coverage...Over Campaign Buttons | Matt Vespa
Debbie Wasserman Schultz Will Not Preside Over Democratic National Convention Due To Email Leak UPDATE: She's Stepping Down After The Convention | Christine Rousselle


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subset: commoncrawl


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I used some statements by Orthodox Jewish leaders to speculate in "The Future of Judaism" that Orthodoxy will become dominant again.
it is conceivable that the ratio will return to roughly where it was two centuries ago, with the Orthodox again constituting the great majority of Jews. Were that to happen, the non-Orthodox phenomenon could seem in retrospect merely an episode, an interesting, eventful, consequential, and yet doomed search for alternatives, suggesting that living by the law may be essential for maintaining a Jewish identity over the long term
A new study, "Young Jewish Adults in the United States Today: Harbingers of the American Jewish Community of Tomorrow?" released by the American Jewish Committee, confirms this trend. Looking at the 1.5 million American Jews ages 18-39, it found that Orthodox Jews comprise some 11 percent of the Jewish population; among 18-29 year-olds, that goes up to 16 percent. Among Jewish children, the percentage of Orthodox is probably even higher. Put differently, the percentage of Orthodox Jews aged 18-29 is nearly double that in the 30-39 age group.
The study is based on surveys by Ukeles Associates, the National Jewish Population Survey of 2000-01, and AJC's own surveys since 2000.
Steven Bayme, director of contemporary Jewish life at the AJC, which commissioned the study, commented that "Younger Orthodox adults are likely to play increasingly important roles in organized Jewish life given their commitments, numbers and fertility patterns." (April 27, 2006)
Dec. 27, 2006 update: Hillel Halkin confirms these points in "Trending Toward Orthodoxy," where he begins by discussing the loosening affiliation of American Jews. But shrinkage, he adds,
is only half of the story. The other half is the remarkable strengthening of Jewish education, religious observance, and creativity in that part of the American Jewish community that has chosen to remain strongly Jewish. Nor are these two seemingly opposed processes unrelated. On the contrary: As assimilation has claimed more and more American Jews, American Jews who wish to resist it have increasingly come to understand that the only way to do so is by putting more of an effort into being Jewish.
Assimilation and cultural renaissance are thus two sides of the same coin of American Jewish life, and all of the wordy arguments about what direction American Jewry is going in are largely a matter of which side of the coin one is looking at. The American Jewish community is rapidly polarizing into more and more assimilated Jews, on the one hand, and more and more Jewish Jews, on the other. The broad ethnic middle has fallen out of it.
This community has also become more Orthodox, both because Orthodox families have by far the highest Jewish birth rate — they are the only American Jews who are reproducing above replacement level — and because they have, again by far and away, the greatest success in retaining their children and preventing defections from the Jewish fold. Although they constitute today an estimated 10% of American Jewry, they comprise a third of its regular synagogue goers, 20% of its under-18 population, and barely 1% of its Jews who intermarry.
Moreover, as bitter as the divide between them and Reform and Conservative Jews may be over cultural issues, the intense allegiance of Orthodox Jews to a Jewish way of life is a model that Reform and Conservatism will increasingly have to follow if they are to survive. The real demographic story of American Jewish life may turn out to be its steady "Orthodoxization" in the years to come. Although this is something whose implications few American Jewish leaders or institutions have given much thought to, it is too clear a trend to ignore.
Aug. 1, 2007 update: "Three of four Jewish births in UK are haredi" finds University of Manchester historian Dr. Yaakov Wise. Jonny Paul writes in the Jerusalem Post that
Europe's haredi population is growing more rapidly than at any time since before WWII. Almost three out of every four British Jewish births, he says, are ultra-Orthodox, and the community now accounts for around 45,500, or 17 percent, of a total UK Jewish population of around 275,000. ... In Greater Manchester, approximately half of all Jewish children under five years old are haredi. The numbers are also growing in Greater London, where the ultra-Orthodox community now accounts for 18% of Jews, up from less than 10% in the early 1990s.
The same pattern holds for the US, Wise says. "In America, too, where the Jewish population is stable or declining, ultra-Orthodox Jewish numbers are growing rapidly. Prof. Joshua Comenetz at the University of Florida says the ultra-Orthodox population doubles every 20 years, which he says may make the Jewish community not only more religiously observant but more politically conservative."
Wise concludes from these statistics:
If current trends continue there is going to be a profound cultural and political change among British and American Jews, and it's already well on the way. This is in spite of demographic studies which show that the non-ultra-Orthodox Jewish population is flat or falling. My work, and that of Prof. Sergio Della Pergola [of the Hebrew University], reveal a similar picture in Israel. By the year 2020, the ultra-Orthodox population of Israel will double to one million and make up 17% of the total population. A recent Israeli Central Bureau of Statistics report also found that a third of all Jewish students will be studying at haredi schools by 2012, prompting emergency meetings at the Education Ministry.
Norman Lamm, the chancellor of Yeshiva University in New York.
Norman Lamm, the chancellor of Yeshiva University in New York.
June 19, 2012 update: Daniel Greenfield looks at "The Death of Jewish Liberalism" today, i.e., the growth of the Orthodox population. One excerpt:
74 percent of all Jewish children in the city [of New York] are Orthodox, a baby boom that will completely transform the city's Jewish population. And that means the transformation of the Jewish vote. Within another decade, New York City will have an Orthodox majority; within a generation that majority will be so decisive as to define its political orientation. The end of the New York Jewish liberal is here.
Nov. 25, 2013 update: The Middle East Forum's Alexander Joffe contemplates what the changing demographics will mean for pro-Israel lobbying:
in a few decades younger non-Orthodox and Modern Orthodox American Jews devoted to Israel will be greatly outnumbered by Haredi and Chassidic Jews. With a rapidly aging Jewish community and an already enormous communal infrastructure of social service organizations, schools, and cultural institutions, where will the money go? Given the low levels of secular education and work participation of Haredi and Chassidic Jews in America (and Israel), their charitable potential is suspect. Indeed, based on their current socio-economic status, who will continue to support them? Where will American Jewish financial support for Israel come from when the overall pie is shrinking and has many more demands placed on it? This is unknown.
Oct. 16, 2015 update: An Institute for Jewish Policy Research study, "Strictly Orthodox rising: What the demography of British Jews tells us about the future of the Jewish community," holds that more than half of British Jews by 2032 will be Haredi. It bases the prediction on demographics: Haredi Jewish women bear on average 6 children (the highest fertility rate of any group in the UK) and the population is increasing by 4.8 percent per year. In contrast, non-Haredi women have 1.98 children the community suffers a 0.3 percent annual decline. IJPR concludes that, pending some unexpected upheaval (such as mass aliyah to Israel), "the British Jewish population is undergoing a powerful compositional change" and it growing "more strictly religious" due to population changes.


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I have 3 full trust domains (2 child and one root). I need to use LDAP to allow authntication for domain users. The trick is that I need the application to use an AD server for the child domain BUT proxy the LDAP query and authentication for the root domain. I see that it maty be possible with AD LDS and some trusts and synching, but it looks pretty hairy and overly complicated.
The short of it is:
- 3 domains (Parent, ChildA, ChildB)
- My 3rd party app will need to use ChildA domain servers to authenticate either: a. a user in the parent domain or b. a user in the ChildB domain
- I already have full trusts between all domains, and regular NTLM authentication works fine (unless you are trying to authenticate with LDAP)


text:
English español
Please use this identifier to cite or link to this item:
|Activated calcineurin confers high tolerance to ion stress and alters the budding pattern and cell morphology of yeast cells
|Mendoza, Imelda ; Quintero, Francisco J. ; Bressan, Ray A.; Hasegawa, Paul M.; Pardo, José M.
|Issue Date:
|American Society for Biochemistry and Molecular Biology
|Journal of Biological Chemistry 271 (38): 23061-23067 (1996).
|The PP2B protein phosphatase, also known as calcineurin, is a regulator of ion homeostasis in yeast cells. We have investigated the physiological consequences of constitutive expression of a recombinant form of calcineurin in which the Ca2+/calmodulin-binding and autoinhibitory domains of the catalytic subunit were deleted. The concomitant expression of the regulatory subunit along with the truncated catalytic subunit resulted in high tolerance to toxic levels of Na+ and Li+. This activated form of calcineurin substituted for the Na+ stress signal to promote the expression of the ENA1 gene, encoding a P-ATPase pump, and to induce the transition of the K+ uptake system to the high affinity mode that restricts influx of Na+ and Li+. In addition, the transcriptional responsiveness of ENA1 to Na+ stress was enhanced. These results demonstrate that calcineurin has a pivotal role in a signaling cascade activated by ion stress in yeast. Moreover, we found that changes in the level of calcineurin activity affected budding pattern and cell morphology. Cells expressing the truncated calcineurin were elongated and budded in an unipolar pattern, whereas calcineurin-deficient mutants budded randomly. These results suggest that calcineurin may also act in the establishment of cell polarity.
|7 pages, 2 tables, 6 figures, 45 references. We thank M. Cyert and H. Ronne for yeast strains, and F. Portillo for the PMA1 expression cassette. We are indebted to J. Jimenez for flow cytometry analysis, A. Kononowicz for assistance with microscopy, and A. Rodriguez-Navarro for yeast strains and valuable discussion.
|Publisher version (URL):
|DOI: 10.1074/jbc.271.38.23061
|Appears in Collections:
|(IRNAS) Artículos
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Proving she's one proud mama, Britney Spears shared a clip of her son Jayden James testing out his skateboarding skills earlier this week.
The "Oops I Did It Again" singer posted the clip of her little one getting ready to go down a ramp at a skate park. During the clip Spears yells, "Just do it, baby! Just do it!"
She's definitely still got it going on! Britney Spears posed in nothing but a bra and undies to promote her new lingerie collection.
The 32-year-old singer shows off her flawless abs in a gorgeous ensemble for the collection, which she's teased fans about since last month.
She really seems to do it all and Britney Spears' latest project involves a sexy line of lingerie.
The "Oops I Did it Again" singer gave fans a sneak peek of the collection on Instagram, sharing a photo of herself modeling in a bra and undies.
Tending to her daily duties, Britney Spears stepped out for a cup of Joe in Westland, CA on Tuesday (July 22).
The "Crazy" signer sported a pink blouse with green shorts as she carried her coffee through the sunny streets, wearing a hat and shades to protect her face from the rays (or to try and remain unnoticed).
Fitting in a good gym session, Britney Spears headed out of her fitness center on Thursday afternoon (July 17).
Joined by her mother Lynne, the "Oops I Did it Again" babe rocked a pink tank with soffe shorts and showed photographers that she worked up a nice sweat.
She's not had the best of luck with men, and now Britney Spears reportedly split up with her boyfriend David Lucado.
X17Online reports that the "Toxic" songstress sent her legal assistant beau packing earlier this year and she's been single ever since.
Her boys are getting so big, and Britney Spears was quite the proud parent as she posted a family photo to Instagram on Monday (June 23).
She promised fan a real-live show during her Vegas stint, but now it looks like Britney Spears needs some help in the vocal department.
The "Womanizer" singer's manager, Adam Leber, recently told Medium.com that Brit does require some help with vocals for her "Piece of Me" shows at Planet Hollywood.


text: Carter Trading Company ADD TO Trip Planner Antiques, collectibles, vintage clothing displayed in an unique setting in two historic buildings on Main Street Get Directions Gas Calculator The pet-friendly icon means that any portion or all of the listing accepts pets. Please check with each individual property for rules and regulations. The handicapped accessible icon notates listings that are either partially or fully accessible. Please check with the property or properties you're interested in for specific information. Details Phone: 479-471-7182 Address: 412 Main StreetVan Buren, AR 72956 Things to Do In Van Buren EXPLORE


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Rupert Sanderson
Multi-Strap Parnassus Ankle Boots
Product Actions
Rupert Sanderson black leather Parnassus ankle boots styled with four polished goldtone buckle straps.
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- 1.25" (30mm) heel, approximately
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"Three things I like most about SFC are the professors who care about students and know your name, working in the Special Events office, and exploring the Brooklyn Heights area." Read more...
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"I was impressed with the people I had the chance to meet, the curriculum for my major and the research opportunities available for students." Read more...
Khadidiatou Mangou Biology Major Sociology minor Class of 2015
A group of Franciscan Brothers first came to Brooklyn in 1858, opening St. Francis Academy several months later in 1859. It was the first private school in the diocese of Brooklyn. The school, which was opened to educate the boys of the diocese, started in a building on Baltic Street and grew quickly. In 1884, just 25 years later, the trustees of St. Francis received permission from the state legislature to "establish a Literary College" under its current name and giving it the power to confer diplomas, honors, and degrees. In June 1885, St. Francis College conferred its first Bachelor of Arts degree, and seven years later the first Bachelor of Science degree was granted.
The College continued its meteoric growth and built a new facility on Butler Street in 1926. In 1957, the Regents of the University of the State of New York granted an absolute Charter to the Trustees of the College. In 1960, St. Francis embarked on an expansion program. It moved to Remsen Street, where it had purchased two office buildings from Brooklyn Union Gas Company, allowing it to double its enrollment. Shortly thereafter, it became a co-educational institution and additional property was purchased on both Remsen and Joralemon Streets. The College expanded its facilities with the construction of a science building, athletics complex and housing to accommodate the Franciscan Brothers and provide more space for faculty.
The addition of the Anthony J. Genovesi Center in 2003 offers students additional opportunities to participate and watch athletic events while the $40 million Frank and Mary Macchiarola Academic Center which opened in 2006, houses a library, numerous smart classrooms, HDTV studio, and black box theater.
Today the School has more than 2,600 students and 20,000 alumni. They come primarily from Brooklyn and the other boroughs of New York City, although their diverse backgrounds represent some 80 countries. A record 450 undergraduate and graduate degrees were conferred in the liberal arts and sciences in May of 2012. Many distinguished public servants, scientists, lawyers, business professionals, and teachers call St. Francis College alma mater, as do many of the priests and nuns within the Dioceses of Brooklyn-Queens and Rockville Centre.
2. Advancing a thriving intellectual community
3. Supporting student life and the development of the whole person
4. Enabling the transition from student to citizen of the world


text:
Replacement pan for 30" iCrate.
Replacement mesh floor for Pet Tek Dreamcrate Pro 100 . Crate Pan is not included and sold separately.
Replacement mesh floor for Pet Tek Dreamcrate Pro 100 . Mesh Floor is not included and sold separately.
Replacement door for #21700/00700 Kennel
Dimensions: 20" x 26"
Replacement door for 400 Large Vari Kennel Old Style For 21145/21400
Dimensions: 19.51x16.25 inches
Replacement pan for the Midwest Metal I Crates single and double door and the Lifestages crates.
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Petmate's Traveler is designed small animal airline travel. Fits under most airplane seats. Convenient top-loading wire door allows easy visibility of the pet. Side ventilation. Always call your airline for regulations prior to tr...


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This Quick and Spicy Kimchi Tofu Stew Will Save Your Tuesdays
Watch dinner materialize from items you probably already have on hand.
Throw This One-Pot Dinner Party And Never Go Back
Creative director Alex Grossman lays down the rules for throwing a one-pot dinner party.
Hearty Soups and Stews Perfect for Chilly Days
There's a recipe in here with your name on it.
The Simple Trick to Turning Any Stew Into a Pie
This simple trick for turning stew into pie has us wondering what we've been doing all our lives.
Seafood Stew for Two
How to pull off an elegant, effortless date night? Make the rich seafood broth the day before, then sear a couple pieces of fish and reheat the stew during the cocktail hour.
Fall for These 23 Squash Recipes for Soup, Salad, Pasta, and More
So long, summer—and hell-ooo, squash season!
Margarita's Creole Chicken-Stuffed Mofongo
You can make this traditional Puerto Rican dish with a food processor, but for even more authentic flavor, use a pilón, or a wooden mortar and pestle.
Butter Bean Ragout
Customize it: Use carrot instead of celery root and any other white bean (gigante, cannellini) you like.
Ragout of Lamb and Spring Vegetables with Farro
This elegant stew can be made up to the point that the farro goes in; cool, then cover and chill up to 2 days.
16 Recipes Starring Beer, So You Can Consume More Beer
You'll need two brewskis for these recipes: One for the pot, and one to quench your thirst.


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(I am a bit new to working with Drools, so please excuse if this is a simple question).
I would like to use Drools for reactive execution of rules, this means we could consider the "facts" being inserted to be "event" instances. However, I want this to execute in a way that rules can be fired as soon as events are received. But, in the case that a rule may depend on several events, how can I configure the Working Memory, to remember previous events. Consider a very simple example:
Say I have the following rules:
- when (E1) do A1
- when (E2) do A2
- when (E1,E2) do A3
Then, if time progresses as follows, I want to following rules to be fired, example:
- t=1 , E1 happens => A1 fired
- t=2 , E2 happens => A2 fired + A3 fired
The problem I have is if I call
ksession.fireAllRules() after every insertion, the working memory will forget all previous events. What is the best way to achieve what I want?


text:
Thom Browne
Gingham Woven
Product Actions
Cotton long sleeve button front shirt in gingham pattern with chest patch pocket. Available in Red. Made in U.S. Cotton. Machine wash.Style # 501706844
Thom Browne, a two-time recipient of the CDFA "Menswear Designer of the Year" Award, effectively created the now-iconic shrunken suit silhouette and translated it into a womenswear line that is equally distinct. His theatrical runway presentations never fail to impress as he expertly distills his creative vision into "mid-century cool" collections that are easily wearable, with a wink.
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Hey, All badges are greyed out and I'm not quite sure why, it's rather annoying.
If anyone could help that would be awesome.
Do you mean this?
That's simply Kong's indication of you not having met the badge-requirements yet. They changed it from the unchecked box to this greyed out style a while ago.
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I found the old system way better btw, was far less confusing.
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Keep the cutlets on a wire rack in the oven to ensure each batch stays warm. Prepare the Summer Corn Grits first, letting it simmer on the stove while you pan-fry the cutlets and make the sauce.
Pork cutlets are the key to cooking up an easy meal. Let your nonstick skillet do the work, and you're golden.


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Sateen Sunday: Take 15% off 1+ Yards of Organic Cotton Sateen Ultra fabric through 11:59 p.m. EDT July 24th.
I love nature and woodcuts and try to combine them in my fabrics where ever I can. Please no copying, my original art is copyrighted. Contact me to: alter color/size or license my designs.
© 2008-2015 Spoonflower Inc


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Female Persian Kittens for Sale in 07876(1 - 4 of 4)
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Voted by the French as "the most desired French town to live in," Aix-en-Provence is graced with numerous fountains, narrow winding streets, and beautiful old buildings. Though small, Aix is equipped with all the modern facilities of a larger city and is bustling with life and amazing ambiance.
Chat with an Admissions Counselor to learn more about studying abroad with CEA in Aix-en-Provence.
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Campus Quality:
The library is brand new, the building has only been open about 12 weeks now. The facilities are clean, though not all modern some are very dated. The Campus offers a wide variety of things to do after hours for students the common areas are very nice.
Campus Quality:
The facilities of my school are okay, the gym could use an upgrade in equipment. Also, the school could make it bigger and more accessible.
Campus Quality:
Campus is pretty, nice landscaping. The buildings are kind of retro style, the newer buildings have more glass windows and better designed.
Campus Quality:
Thomas College is pretty average when it comes to school. But one thing that sets it apart is the wide array of programs, clubs, and sport available. Students can join clubs related to there major like the Education Club and the Criminal Justice Club and explore other hobbies in the Gaming Club or Environmental Club.
Campus Quality:
Facilities at Thomas College are modern and classic wrapped into one. As the campus expands, new buildings are very contemporary. The athletic center, turf fields, and other athletic fields are very well kept and always open to students when there is no scheduled events. The library, computer laps, and 24/7 study rooms are great places to sit and study or get some tutoring for those tough classes. Some of the most popular student hang out areas include the student commons, the Barltlett lawn to play Frisbee or football on, and the hiking trails behind the school.
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The facilities on campus are very well maintained. The Harold Alfond Athletic Center is one of the newer buildings on campus; the weight room there is always very clean, and there are multiple cardio and workout machines available. Other new buildings on campus include the Townhouse Suites, and the Administrative Building and its classrooms were recently renovated. New computers, chairs, and couches have also been recently added to campus.
The library is easily accessible, clean, and offers multiple resources for doing research. When it comes to the look of the campus, the College's maintenance staff takes care of snow removal, lawn care, and landscaping maintenance throughout the year to keep everything looking nice. There are always plenty of activities, meetings, and events on campus that help to keep students entertained.
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Watch Jersey Shore Season 5 Episode 11 online via TV Fanatic with over 5 options to watch the Jersey Shore S5E11 full episode. Affiliates with free and paid streaming include Amazon, iTunes, Vudu, YouTube Purchase, and Google Play.
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Another summer in Seaside Heights comes to a close as Hurricane Irene batters the East Coast in the Season 5 finale.
- Show:
- Jersey Shore
- Season:
- Jersey Shore Season 5
- Episode Number:
- 11


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I love this delightful picture of Baltimore. It presents such a colorful tapestry of the characteristics that make Baltimore the place to live. It has the food, theatre, dance, bookstores, readings, libraries (Oh, for joy, the Libraries), the Harbor, and a perfect combination of the old, the new, and the to be hoped for!
Jen Michalski's wonderful tour of literary Baltimore captures this odd city's charm and energy. The literay community and all the events offered in Baltimore are as rich as its many choices of ethnic cuisines. I can't imagine living anywhere else. There must be something in the water that has inspired so many Baltimoreans to take up the penn, and Jen has described it well.


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Special Order
Generations of children have loved the realistic yet whimsical lambs, ponies, and kittens in the Little Golden Books edition of "Baby Farm Animals. "This Golden classic, celebrating springtime on the farm, is now a board book . . . a perfect first book for baby.
About the Author
Garth Williams's classic illustrations for the Little House books caused Laura to remark that she "and her folks live again in these pictures." Garth Williams also illustrated Charlotte's Web, Stuart Little, and almost one hundred other books.


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Help:IPA for Tamil
From Wikipedia, the free encyclopedia
(Redirected from Wikipedia:IPA for Tamil)
The charts below show the way in which the International Phonetic Alphabet (IPA) represents Tamil pronunciations in Wikipedia articles. See Tamil phonology for a more thorough discussion of the sounds of Tamil.
- ^ a b c d Only when preceded by a nasal consonant or when not preceded by a stop consonant. Never word-initial.
- ^ This letter does not belong to Tamil script, but is widely accepted as an ad-hoc from Grantha script ( See Usage of other lingual consonants in Tamil script). This sound may be replaced by ச (as in s) in pure Tamil, which is not an accurate phonetic representation.
- ^ Only when preceded by a nasal consonant or not preceded by a stop consonant
- ^ (only as an intervocalic in colloquial speech;not when it appears as the first letter of a word,
- ^ As a first letter of a word or preceded by stop consonants
- ^ As intervocalic and not preceded by stop consonant or permitted soft consonant
- ^ As a first letter of a word or when preceded by stop consonants
- Keane, Elinor (2004), "Tamil", Journal of the International Phonetic Association 34 (1): 111–116, doi:10.1017/S0025100304001549


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Dothan Mayor Mike Schmitz's trip to China has paved the road for the U.S.-China Manufacturing Symposium.
In just a few days, political leaders from across the state and across the world will be in Dothan. The event will prepare leaders for the larger symposium in March.
The SoZo Group, CEO Raymond Cheng says you don't need to be a business owner to attend.
The November symposium is Monday, Nov. 11. It starts at 8:30 a.m. and continues until 5 p.m.


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I've just learnt how to draw curves in photoshop, after doing this my lines started disappearing first of all and now i'm getting arrows instead of straight lines.
Select the Line tool. You'll see a tool bar option called "Geometry Options" (it looks like a down arrow next to the Custom Shape tool).
Select Geometry Options and you'll see the Arrowheads options.
This will only affect new lines, not existing ones.


text:
This second volume of a major German textbook of ophthalmology is divided into 12 chapters dealing with methods of clinical examination and the required instruments, the light sense and its study with recently developed equipment, anomalies of refraction, aniseiconia, physiology and pathology of the pupil, x-ray diagnosis, clinical electroretinography, physical therapy, lacrimal apparatus, and the sclera. The numerous illustrations, many in color, are excellent. The bibliography is rather limited, as few American studies are cited. The organization of the material might have been improved. The book should, however, be welcomed as a highly useful reference work.
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It's Bread Week as Vettel and Sula Praise Bread & Wine, Sauce and Bread Kitchen
Reviewers are reviewing.
Reviewers are reviewing.
Cantu's rematch ends in defeat.
Bread & Wine, wine bar, grocery and restaurant with an emphasis on local products, opens January 17.
SBE's former mega-promoter promises his club is this generation's Hyde.


text:
LOS ANGELES/FRANKFURT Analysts are predicting solar companies will report strong first-quarter sales but say profit margins could suffer, keeping their share prices from benefiting.
Higher-than-expected sales estimates this month from China's JA Solar and U.S.-based Evergreen Solar have boosted expectations for the sector, as demand for panels that turn sunlight into electricity rebounds sharply from 2009.
"Results should be pretty strong on the balance," said Simmons & Co analyst Burt Chao. "If we haven't passed the bottom, we're very, very close to it," he added.
Much of this year's surge in demand has occurred in Germany, where renewable energy developers have rushed to get projects in place ahead of planned cuts in incentives that have made the country the world's largest solar market.
"(Sales) are not going to be the problem this quarter. It was not the problem last quarter either. The big question for most companies will be margins," said Pavel Molchanov, analyst with Raymond James in Houston.
Increased competition from Asian companies and last year's slump pushed down average selling prices for modules as much as 40 percent in 2009, squeezing profit margins for the nascent industry. Last week, Canadian Solar warned first-quarter margins would fall below an earlier estimate.
And despite strong demand, most solar stocks, and stocks of clean-tech companies generally, have struggled this year.
Since the start of 2010, the Wilderhill Clean Energy Index, an index made up of green energy companies, has sunk 5.3 percent. By comparison, the S&P 500 has risen 9.2 percent.
Shares are not likely to see a significant upswing soon, most analysts say, as markets wait to see what will happen after the German cuts. Some say demand will drop and that companies, which have been working to bulk up their capacities, will be stuck with excess supply.
The German government is set to reduce most of the mandated prices paid for electricity from German solar arrays starting in July, with proposed cuts of 16 percent for rooftop panels.
"The (stock) underperformance is driven by the concern ... that there's too much supply and that panel prices are falling," said Wunderlich Securities analyst Theo O'Neill.
He predicted that average selling prices of modules would drop another 20 percent in 2010, mostly in the second half.
First Solar Inc, the industry's lowest cost manufacturer, kicks off first-quarter earnings releases on Wednesday, while JA Solar Holdings reports on May 11, China's Suntech Power Holding and LDK Solar on May 21, Yingli Green Energy on May 22, and Canadian Solar on May 26.
The European sector leaders SolarWorld, Q-Cells and SMA Solar are expected to report first-quarter results in the second week of May.
Those European players have been battling to maintain market share on their home turf as they face stiff price competition from lower cost Chinese producers.
Still, analysts forecast earnings to be strong as European companies are likely to be the principal benefactors of German demand. New European markets like Italy are also seen stepping up this year.
The Chinese companies, which have grown rapidly over the past two years, could disappoint investors as the exceptional demand forced many of them to outsource cell and wafer production to meet sales agreements, according to Gordon Johnson, analyst with Hapoalim Securities.
"They're having to go buy product in the spot market, which is more expensive than making it internally," he said.
(Additional reporting by Matt Daily in New York; Editing by Steve Orlofsky)
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Naga Chaitanya
|Naga Chaitanya
|Naga Chaitanya Akkineni
23 November 1986 [1]
Chennai, Tamil Nadu, India
|Hyderabad, Telangana, India
|Years active
|Nagarjuna Akkineni
Lakshmi Ramanaidu Daggubati
|Akhil Akkineni (Half-Brother)
Nageswara Rao Akkineni (Grandfather)
Ramanaidu Daggubati (Grandfather)
Suresh Babu Daggubati (Uncle)
Venkatesh Daggubati (Uncle)
Sumanth (Cousin)
Sushanth (cousin)
See Daggubati-Akkineni Family
Naga Chaitanya Akkineni (born 23 November 1986) is an Indian film actor who works in Telugu cinema. He debuted in the 2009 film Josh, directed by newcomer Vasu Varma and produced by Dil Raju.[2] Prior to the release of his first film, he signed his second film with Indira Productions, which was to be directed by Gautham Menon.[3] Ye Maaya Chesave released in February 2010 with comparisons drawn to his father Akkineni Nagarjuna's romantic film, Geethanjali.[4]
His next movie was Sukumar's 100% Love. The movie was shortly followed by Dhada and Bejawada. Chaitanya also appeared in the movie Autonagar Surya.[5] In 2013, he appeared in Thadaka. The film Manam also featured other members of his family. He has also appeared in Autonagar Surya and Oka Laila Kosam.
Early life and family[edit]
Chaitanya was born on 23 November 1986 in Chennai.[1] His parents are the actor and entrepreneur Akkineni Nagarjuna, the son of actor Akkineni Nageswara Rao and Lakshmi Daggubati, the daughter of producer D. Ramanaidu.[6] His maternal uncle Daggubati Venkatesh and cousins Rana Daggubati, Sumanth and Sushanth are also actors.[7] Nagarjuna and Lakshmi divorced after which the former married actress Amala Mukherjee, to whom Chaitanya's half brother Akhil Akkineni was born.[8]
After his parents' divorce, Chaitanya left to Chennai with Lakshmi. He used to play keyboard and bass guitar in his school band and went on to study keyboard from Trinity College London.[9] During his stay in Chennai for eighteen years, he completed his schooling and returned to Hyderabad to pursue a B. Com degree. He expressed his desire to take up acting as his profession to Nagarjuna during his second year of graduation.[10] He took a three-month course in acting in Mumbai and received further training in acting and martial arts in Los Angeles apart from trying to gain perfection in Telugu diction for one-and-a-half years before making his acting debut.[11]
Reports have also suggested that Naga Chaitanya will be marrying Samantha Ruth Prabhu which has been partially confirmed by his father. Samantha has also suggested that she has found love again so could this be a match made in heaven.
Chaitanya debuted in 2009 with the film Josh directed by Vasu Varma in which he played the role of a college student. Rediff.com wrote "As a debutant, Naga Chaitanya has performed well. He has his moments where he's proven himself. There is always scope for improvement and one hopes that he will hone his skills in the years to come."[12] Chaitanya won the Filmfare Award South for Best Male Debut Actor.[13]
He next starred in the romantic film Ye Maaya Chesave directed by Gautham Menon which was the simultaneously shot Telugu version of the Tamil film Vinnaithaandi Varuvaayaa with a different cast and climax. He played the role of a Hindu Telugu assistant director who falls in love with a Syrian Christian Malayali girl. A reviewer from Sify.com wrote "Naga Chaitanya is at home in romantic scenes. his asset is his voice and his casual acting style. Chaitanya has improved much better in performance from his first film. He can now confidently act in more romantic films and strengthen his position." However, the reviewer felt that he should concentrate on his looks as he felt that Chaitanya looked "very boyish".[14] The film was a surprise hit at the box office.[10][15] He also received a nomination for Filmfare Award South for Best Actor Male.[16][17]
After Ye Maaya Chesave, he worked with Sukumar for another love story titled 100% Love in which he played the role of a studious and egoistic college student who is the top ranker of his college. IndiaGlitz wrote "Naga Chaitanya's action has improved from his previous films. Though his expressions fall flat at places, the music, characterisation, camera and the look covers it all. His timing and grasping of his role is commendable. Though he didn't impress with his action, he didn't depress either. His best is perhaps yet to come." However, the reviewer opined that Chaitanya should improve his dancing skills.[18]
His next film was Dhada directed by debutante director Ajay Bhuyan. The film's story is based on an engineering graduate student who was to complete his studies in USA and return to India in another 10 days. The Times of India wrote "After good performances in his last two films, Naga Chaitanya doesn't live up to expectations. He has the same expression stuck on his face throughout the movie."[19]
His last release of the year was Bejawada directed by Vivek Krishna. The film saw Chaitanya portraying the role of a college student-turned-gangster. The film received negative reviews with critics calling it the worst film of Chaitanya which even outshines Dhada in being the worst.[clarification needed][20][21] His performance was also panned by critics. The Times of India wrote "This film might have even outdone "Dhada", in being called the worst film of Naga Chaitanya's career. While the young actor still needs to work on his facial expressions, he was saddled with a poorly sketched character in this film, devoid of all heroism, and he fails to rise above it."[22]
Chaitanya's next film Tadakha was an official remake of N. Lingusamy's Tamil film Vettai. The Hindu wrote "Naga Chaitanya shows tremendous improvement over his last outing, the debacle called Bejawada. He is in sync with his role, exudes confidence and seems to have had fun both during the stunt sequences and comic portions. Reprising a role played by an established actor like Arya is no mean task and Chaitanya pulls it off rather well."[23] The film was a Hit at the Box office giving the actor a much needed break.[24]
In 2014, Chaitanya appeared in the period drama Manam which also featured his grandfather, Akkineni Nageswara Rao, and father, Akkineni Nagarjuna.[25] He played two roles in the film which were a middle class employee who is a father of a 8 year old in 1983 and a happy college student in 2013. Deccan Chronicle wrote "Naga Chaitanya has done a decent job and compared to his earlier films he matured a lot as an actor."[26] Sify.com wrote "There is lot of improvement in Naga Chaitanya`s acting. He looks natural and has done justice to his role."[27]
His next release was the political drama Autonagar Surya directed by Deva Katta in which he played the role of Surya, a skilled mechanic.[28] Upon release, the film received mixed reviews from critics who however appreciated Naga Chaitanya's performance in the film calling it as one of his best efforts. The film was still managed to do well at the box office.[29] The Hindu wrote "One rarely gets to see Naga Chaitanya smiling in this film. Chaitanya brings in the right amount of grit and intensity required for his role and shows that he can carry a film on his shoulders with the help of an able director."[30]
Chaitanya starred in Oka Laila Kosam, a romantic film for Chaitanya and his performance in the film was well appreciated[vague] by critics.[31] He has another film Dohchay directed by Sudheer Varma whose shoot started in mid-July 2014.[32]
He has signed for a project with Chandoo Mondeti.[33]
|Winner: Filmfare Award for Best Male Debut - South
|Vinnaithaandi Varuvaayaa
|Guest appearance
|Ye Maaya Chesave
|100% Love
|Shiva Krishna
|Radha Mohan & Nagarjuna
|Autonagar Surya
|Oka Laila Kosam
|Sahasam Swasaga Sagipo
- ^ a b Veena (24 November 2014). "Birthday Special: Unknown Facts About Naga Chaitanya". Oneindia Entertainment. Archived from the original on 26 April 2015. Retrieved 26 April 2015.
- ^ "rediff.com: Meet Naga Chaitanya". Specials.rediff.com. Retrieved 2010-03-15.
- ^ "Gautham-Nag Chaitanya film launched". Sify.com. 2009-08-17. Retrieved 2010-03-15.
- ^ Moviebuzz (2010). "Ye Maaya Chesave". Sify. Retrieved 2010-02-26.
- ^ 'Autonagar Surya' on floors from Dasara – Telugu Movie News. IndiaGlitz. Retrieved on 2011-12-02.
- ^ Prakash, B. V. S. (5 November 2012). "All ready for the change". Deccan Chronicle. Archived from the original on 26 April 2015. Retrieved 26 April 2015.
- ^ A. S., Sashidhar (15 September 2012). "Naga Chaitanya exclusive interview". The Times of India. Archived from the original on 26 April 2015. Retrieved 26 April 2015.
- ^ "Do Bollywood ladies prefer married men?". Deccan Chronicle. 27 June 2013. Archived from the original on 26 April 2015. Retrieved 26 April 2015.
- ^ Pasupulate, Karthik (13 March 2014). "Naga Chaitanya exclusive interview". The Times of India. Archived from the original on 26 April 2015. Retrieved 26 April 2015.
- ^ a b Devi Dundoo, Sangeetha (2 April 2010). "The scion shines bright". The Hindu. Archived from the original on 26 April 2015. Retrieved 26 April 2015.
- ^ Rajamani, Radhika (23 February 2010). "Naga Chaitanya's love story (6/6)". Rediff.com. Archived from the original on 26 April 2015. Retrieved 26 April 2015.
- ^ "Josh doesn't rock". Rediff.com. 7 September 2009. Retrieved 22 April 2014.
- ^ "Bollywood vs South: Prateik and Naga Chaitanya". IBN Live. 20 January 2012. Retrieved 22 April 2014.
- ^ "Movie Review : Ye Maaya Chesave". Sify.com. 26 February 2010. Retrieved 22 April 2014.
- ^ "Language no bar". The Hindu. 15 October 2010. Retrieved 22 April 2014.
- ^ "Nominees of Idea Filmfare Awards South". IndiaGlitz. 1 June 2011. Retrieved 22 April 2014.
- ^ "Rana, Samanta, Allu Arjun get Filmfare awards". IndiaGlitz. 3 July 2011. Retrieved 22 April 2014.
- ^ "100% Love - 100% Entertainment". IndiaGlitz. 6 May 2011. Retrieved 22 April 2014.
- ^ "Dhada movie review". The Times of India. 14 August 2011. Retrieved 22 April 2014.
- ^ "Telugu Review: 'Bejawada' is a wasted effort". IBN Live. 2 December 2011. Retrieved 22 April 2014.
- ^ "Bejawada - A grossly inferior version of Sarkar". IndiaGlitz. 1 December 2011. Retrieved 22 April 2014.
- ^ "Bejawada movie review". 2 December 2011. Retrieved 22 April 2014.
- ^ "Mindless but entertaining". The Hindu. 12 May 2013. Retrieved 22 April 2014.
- ^ "Clichés canned". The Hindu. 29 December 2013. Retrieved 22 April 2014.
- ^ "Manam's shooting nears completion". The Times of India. 30 March 2014. Retrieved 13 April 2014.
- ^ "Movie review 'Manam': Leaves you mesmerised". Deccan Chronicle. 23 May 2014. Retrieved 28 May 2014.
- ^ "Manam Review". Sify.com. 23 May 2014. Retrieved 28 May 2014.
- ^ "Chaitu plays a skilled mechanic in Autonagar Surya". The Times of India. 30 July 2012. Retrieved 15 June 2014.
- ^ "'Autonagar Surya' Movie Review Roundup: Average Fare". International Business Times India. 27 June 2014. Retrieved 20 July 2014.
- ^ "Autonagar Surya: Anger of the 80s". The Hindu. 27 June 2014. Retrieved 20 July 2014.
- ^ "'Oka Laila Kosam' team flying to Switzerland on 12th". IndiaGlitz. 6 June 2014. Retrieved 15 June 2014.
- ^ "Naga Chaitanya's new movie regular shooting from today". IndiaGlitz. 14 July 2014. Retrieved 15 June 2014.
- ^ "NagaChaitanaya with Tamanna again"
External links[edit]
|Wikimedia Commons has media related to Naga Chaitanya.


text:
I am trying get milliseconds shown in VLC.
I read that I should download this extension http://addons.videolan.org/content/show.php?content=149618
(there was a download link on that page, not sure if it's quite right, like I don't know if I downloaded some lite version that I shouldn't have but I downloaded this)
http://addons.videolan.o rg/CONTENT/content-files/149619-time-lite.lua
and put it in "VideoLAN\VLC\lua\extensions" creating the extensions subdirectory if it doesn't exist. I did that.
closed VLC, started it again.
It is listed under the View menu. I notice it doesn't get checked. even when I click it - I don't know if it should. The same is true for the VLSub extension below, it doesn't get checked when clicking it. Maybe that is normal and extensions are already enabled.
But my problem is, it doesn't show miliseconds, which is what i'm after.


text:
by Carimah Townes Mar 4, 2015
Witness claims were uncorroborated by physical and forensic evidence.
by Carimah Townes Jan 27, 2015
One police tactic could have saved Michael Brown.
by Judd Legum Jan 6, 2015
The group says the prosecutor's conduct "leaves deeply troubling doubts about whether about whether justice was administered in a fair, impartial and competent manner."
by Judd Legum Dec 21, 2014
A potentially serious ethical breach.
by Judd Legum Dec 2, 2014
An unexplored option to hit the reset button.
by Judd Legum Nov 29, 2014
Darren Wilson did not escape accountability for shooting Michael Brown dead because of the law. He escaped accountability because, as a society, a majority of us are OK with that outcome.
by Carimah Townes & Erica Hellerstein Nov 25, 2014
ThinkProgress sat down with Ferguson residents to talk about last night's grand jury decision and civil unrest.
by Ian Millhiser Nov 25, 2014
Now that this grand jury has decided not to indict Officer Wilson, however, there are still legal avenues available that could lead to Wilson -- and the rest of the police department in Ferguson -- having to justify their actions in court.
by Judd Legum Nov 24, 2014
A rigged game?
by Carimah Townes Nov 21, 2014
The grand jury verdict will come out any day now.


text:
Louisville native Joshua Hawksley returns home with his Brooklyn-based band, She Said Fire. An acrobatic singer, Hawksley leads the band through elements of glam, emo and pop rock on its debut EP, "BOOM!" Jonny Sands and Brother Wolves will open.
WHEN: 9 p.m. Thursday
WHERE: Zanzabar, 2100 S. Preston St.


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Podcast Unlocked 207: Grand Theft Auto 6 Is Gonna Be HUGE
August 12, 2015 - IGN's Xbox show theorizes how big a deal GTA 6 is going to be, explains why the Halo 5 console bundle might not be such a good deal, laments Capcom's remakes/remasters-or-bust strategy, and more!
Grand Theft Auto 5 Has Now Sold 54 Million Copies
August 10, 2015 - Grand Theft Auto continues to post strong numbers for Take-Two, but sales are beginning to slow.
GTA 5 Online Heist Strategy
July 24, 2015 - Here's how you can take on GTA Online's Heists and make a hefty amount of bank!
Comic Con 2015: Grand Theft Auto: Daniel Radcliffe Talks BBC Movie
July 11, 2015 - Daniel Radcliffe thinks the Hauser brothers and Rockstar will enjoy his BBC movie.
9 Ocean's Eleven-Style Heists in Video Games
July 2, 2015 - We look at some of the best video game heists, from the Imperial Palace to interstellar corporate backstabbing.
Double GTA$ and RP When You Play GTA Online July 1-6
July 1, 2015 - You'll score double GTA$ in the Independence Day Online Event Playlist, and all GTA Online Jobs will net you twice the usual RP.
GTA Online Getting Ill-Gotten Gains Part 2 Update Next Week
June 30, 2015 - Plus, the return of the Independence Day Special.
E3 2015: Sony Discounts PlayStation 4, PlayStation 3 Games to Celebrate
June 17, 2015 - Alien combat, urban mayhem, and a student-turned-survivor are all featured in this celebratory E3 sale.
The Best Xbox One External Hard Drive
June 11, 2015 - Get a 4.5TB Xbox One that loads GTA V saves 30 seconds faster.
We Wreck GTA 5's Insanely Expensive New Plane
June 10, 2015 - Brian Altano and Jon Ryan check out GTA Online's newest update and spend $10,000,000 GTA Bucks on a golden luxury jet, then immediately wreck it.
GTA in Real Life is Mind-blowing
June 9, 2015 - Words cannot describe how painstakingly accurate this video is.
Grand Theft Auto 5 PC Mod Adds Just Cause 2 Grappling Hook
May 25, 2015 - Swing through the streets of Los Santos, or link together vehicles just for the fun of it.
Rockstar Games Files Lawsuit Against the BBC
May 21, 2015 - Take-Two Interactive has filed a lawsuit against the BBC in relation to its upcoming docudrama based on the GTA.
GTA 5 Has Sold-in Nearly 52m Copies to Retail
May 19, 2015 - That's close to another 7 million copies shipped to retail since February.
GTA 5 Physical Sales Pass 5 Million in the UK
May 18, 2015 - Rockstar's cultural phenomenon continues to shatter records wherever it goes.
GTA Online Gets 10 New Rockstar Verified Jobs, Including Grave Robbery Job
May 14, 2015 - GTA Online gets 10 more Rockstar Verified Jobs, plus three bonus for current-gen platforms.
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May 13, 2015 - A list of the top ten most popular games on the video service reveals which let's plays the kids are into these days.
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May 11, 2015 - Anonymous sources shared details about the characters and setting of the next Assassin's Creed game.
House of Cards Opening Credits Recreated In Grand Theft Auto 5
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The Best GTA 5 Moments by the IGN Community
April 24, 2015 - Think you have something awesome to share from Grand Theft Auto V? Give it to us.


text:
Rumour – Nvidia's Tegra to power next-gen DS
Bright Side of News is rumouring that Nintendo is planning on using Nvidia's Tegra tech to power the next DS – which is apparently due in late 2010.
As Engadget points out, "The primary source on this comes from Bright Side of News (which doesn't have a big track record to judge by), who claims the debut is planned for late 2010 and conjectures that the device could either use the upcoming 40nm 2nd-gen Tegra tech, or the existing, tried-and-true 65nm chip."
You be the judge. Hit the links.
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Careers at FirstMerit
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text:
a credit card provider needs the transaction amount in cents or smallest available unit of the currency. since I want the code to be portable I have to get the smallest unit of a given currency and it's factor to the main unit. I've tried to get it from the locale module but i had no luck.
i have a currency code as described in iso 4217
EUR for Euro
then i need 1 Euro is 100 Eurocents (only the information 1/100, no text is needed)
according to wikipedia there currencies which have more than 2 units like the old pund sterling


text:
I'm interested in social justice issues and current events and probably whatever's at the top of reddit today.
Indian. Turkish. Thai.
Black Mirror. House of Cards. Game of Thrones. Breaking Bad. West Wing. Parks and Rec. Archer. Bob's Burgers. Last Week Tonight.
2. WBGO Jazz 88.3 Newark
3. Banter & Wit
4. Cheerios. Brand name only, of course.
5. The unwavering support of my admirers, secret or otherwise.
6. You*
*mileage may vary
how pears are better than apples and we should stop kidding ourselves
what flavor ice cream to get (suggestions welcome)
whether India would be the best place to go on vacation or the worst place to go on vacation.
whether mothers of young children think the worst of me when I make funny faces at their kids on the subway
If you hate to laugh, you might consider seeking the advice of a mental health care professional.


text:
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