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- Bonhoeffer, Dietrich
born Feb. 4, 1906, Breslau, Ger.died April 9, 1945, FlossenbürgGerman Lutheran pastor and theologian.He attended the Universities of Berlin and Tübingen, and from 1931 he lectured in theology at the University of Berlin. He became a leading spokesman for the Confessing Church and was active in the resistance movement under the guise of employment in military intelligence. He was arrested and imprisoned in 1943. The discovery of documents connecting him with the 1944 attempt on Adolf Hitler's life led to his execution a month before the end of World War II. One of the most insightful theologians of the 20th century, he argued for a new vision of Christianity that would abolish the division between the sacred and profane and abandon the traditional privileges of the church in favour of active involvement in the world's problems. His best-known works include The Cost of Discipleship (1937), Ethics (1949), and Letters and Papers from Prison (1951).
* * *▪ German theologianIntroductionborn February 4, 1906, Breslau, Germany [now Wrocław, Poland]died April 9, 1945, Flossenbürg, GermanyGerman Protestant theologian important for his support of ecumenism and his view of Christianity's (Christianity) role in a secular world. His involvement in a plot to overthrow Adolf Hitler (Hitler, Adolf) led to his imprisonment and execution. His Letters and Papers from Prison, published posthumously in 1951, is perhaps the most profound document of his convictions.Early trainingBonhoeffer grew up amid the academic circles of the University of Berlin, where his father, Karl Bonhoeffer, was a professor of psychiatry and neurology. His father also was one of the most prominent psychiatrists to oppose the T4 (euthanasia) Program (T4 Program) initiated by Hitler in 1939.From 1923 to 1927 Dietrich Bonhoeffer studied theology at the universities of Tübingen and Berlin. At Berlin he was influenced by the historical theologians Adolf von Harnack, Reinhold Seeberg, and Karl Holl but also was strongly attracted to the new "theology of revelation" propounded elsewhere by Karl Barth (Barth, Karl). His interest in Barth is seen in his doctoral thesis, Sanctorum Communio (1930; The Communion of Saints), in which he tried to combine a sociological and a theological understanding of the church, and in Akt und Sein (1931; Act and Being), in which he traces the influence of transcendental philosophy and ontology—as well as Kantian and post-Kantian theories of knowledge and of being—on Protestant and Catholic theologies.After serving in 1928–29 as assistant pastor of a German-speaking congregation in Barcelona, Bonhoeffer spent a year as an exchange student at Union Theological Seminary in New York City. On his return to Germany in 1931, he became a lecturer in systematic theology at the University of Berlin.Opponent of the Nazis (National Socialism)From the first days of the Nazi accession to power in 1933, Bonhoeffer was involved in protests against the regime, especially its anti-Semitism, and despite another 18-month absence, during which he served as pastor of two small German congregations in London (1933–35), Bonhoeffer became a leading spokesman for the Confessing Church, the centre of German Protestant resistance to the Nazi regime. Nazi ideology defined Jews by blood, based on the religion of an individual's grandparents, and Bohhoeffer was fierce in his defense of a nonracial definition of Jews, first protesting for the rights of practicing Christians of Jewish ancestry. His insistence that Jews who had converted to Christianity were entitled to the same rights in the church as other Christians put him at odds with many other Christian leaders. His stance on Jews who remained Jews was less well developed.In 1935 Bonhoeffer was appointed to organize and head a new seminary for the Confessing Church at Finkenwalde (Pomerania), which continued in disguised form until 1940, despite its proscription by the political authorities in 1937. Here he introduced the practices of prayer, private confession, and common discipline described in his book Gemeinsames Leben (1939; Life Together). From this period also dates Nachfolge (1937; The Cost of Discipleship), a study of the Sermon on the Mount and the Pauline epistles in which he attacked the "cheap grace" being marketed in Protestant (especially Lutheran) churches—i.e., an unlimited offer of forgiveness, which in fact served as a cover for ethical laxity. It was in this rigorous and even ascetic guise (to which his later theme of "Christian worldliness" seemed to provide a contrast if not a contradiction) that Bonhoeffer first became widely known. His views on international affairs at this time were close to pacifism.After attending the ecumenical conference at the University of Cambridge in 1931, Bonhoeffer was appointed to be a European youth secretary of the World Alliance for Promoting International Friendship through the Churches, and he remained an active participant in ecumenical affairs despite the increasingly nationalistic mood in Germany. In his efforts to interpret to Christians elsewhere the significance of the German church struggle, he found a sympathetic advocate in G.K.A. Bell (Bell, George Kennedy Allen), bishop of Chichester, England. Bonhoeffer's own involvement became increasingly political after 1938, when his brother-in-law, the jurist Hans von Dohnanyi, introduced him to the group seeking Hitler's overthrow. In 1939 Bonhoeffer considered taking refuge in the United States but returned after only two weeks in New York City, writing to his sponsor, the theologian Reinhold Niebuhr (Niebuhr, Reinhold), that "I will have no right to participate in the reconstruction of Christian life in Germany after the war if I do not share the trials of this time with my people." The next year Bonhoeffer charged that "the Church was silent when it should have cried out because the blood of the innocent was crying aloud to heaven. She is guilty of the deaths of the weakest and most defenseless brothers of Jesus Christ." Bonhoeffer and von Dohnanyi responded personally by helping some Jews move to neutral Switzerland.Despite the restrictions imposed on him, Bonhoeffer was able to continue his work for the resistance movement under cover of employment in Germany's Military Intelligence Department, which in fact was a centre of the resistance. In May 1942 he flew to Sweden to convey to the British government, through Bishop Bell, the conspirators' proposals for a negotiated peace; these hopes were thwarted, however, by the Allies' "unconditional surrender" policy. Bonhoeffer was arrested on April 5, 1943, and imprisoned in Berlin. Following the failure of the attempt on Hitler's life on July 20, 1944, the discovery of documents linking Bonhoeffer directly with the conspiracy led to his further interrogation and eventual execution.Bonhoeffer never married; his engagement had been announced just before his imprisonment.Ethical and religious thoughtFrom 1940 to 1943 Bonhoeffer worked intermittently on a volume on Christian ethics but completed only fragments, which were published posthumously (Ethik, 1949; Ethics). Abjuring all "thinking in terms of two spheres"—i.e., any dualistic separation of the church and the world, nature and grace, the sacred and the profane—he called for a unitive, concrete ethic founded on Christology (doctrines about the person and work of Christ), an ethic in which labour, marriage, and government are to be viewed dynamically as divinely imposed tasks or functions ("mandates") rather than orders of creation. Bonhoeffer welcomed the rapprochement of Christianity and humanism in the face of modern tyrannies and urged a recovery of the concept of "the natural" in Protestant thought.Bonhoeffer's prison writings, published in 1951 (Widerstand und Ergebung; Letters and Papers from Prison, 1953, enlarged ed., 1997), are of interest both for their theological themes, especially as developed in the letters to his friend and later editor and biographer, Eberhard Bethge, and for their remarkable reflection on cultural and spiritual life. Reviewing the history of secularization in the West since the Renaissance, Bonhoeffer asked whether humanity's increasing ability to cope with its problems without the hypothesis of God might not indicate the obsolescence of the "religious premise" upon which Christianity had hitherto been based. Rather than looking for gaps in human knowledge or accenting human weaknesses as a basis for apologetics, he asserted, the church ought to affirm man's maturity in a "world come of age." The stripping off of "religion," in the sense of otherworldliness and preoccupation with personal salvation, Bonhoeffer suggested, would in fact free Christianity for its authentic this-worldliness in accordance with its Judaic roots. The church should give up its inherited privileges in order to free Christians to "share in God's sufferings in the world" in imitation of Jesus, "the man for others." These ideas have subsequently been influential in movements for the reform of church and ministry; in the "Honest to God" debate initiated by John A.T. Robinson, the bishop of Woolwich, England; in efforts to propound a "secular Christianity" or "the secular meaning of the Gospel"; in the "death of God" controversy of the 1960s; in the articulation of a "theology of hope," as part of the resistance to apartheid in South Africa; and in the reconstruction of church life in the reunified Germany.The chief works by Bonhoeffer in addition to those already mentioned are Creation and Fall: A Theological Interpretation of Genesis 1–3 (1959; expanded and reissued as Creation and Fall: A Theological Exposition of Genesis 1–3, ed. by John W. de Gruchy, 1997; originally published in German, 1933) and the posthumously published Christ the Center (1960; also published as Christology; originally published in German, 1958–61). Also significant is Ruth-Alice von Bismarck and Ulrich Kabitz (eds.), Love Letters from Cell 92 (1994; also published as Love Letters from Cell 92: The Correspondence between Dietrich Bonhoeffer and Maria von Wedemeyer, 1943–45). The definitive edition of Bonhoeffer's writings in English translation is the multivolume Gerhard Ludwig Müller and Albrecht Schönherr (eds.), Dietrich Bonhoeffer Works (1996– ; originally published in German, 1986–99). Geffrey B. Kelly and F. Burton Nelson (eds.), A Testament to Freedom: The Essential Writings of Dietrich Bonhoeffer, rev. ed. (1995), is a one-volume compendium.Franklin ShermanAdditional ReadingThe definitive biography is Eberhard Bethge, Dietrich Bonhoeffer, rev. ed. (2000; originally published in German, 1967). Symposia dealing with Bonhoeffer's thought are Martin E. Marty (ed.), The Place of Bonhoeffer (1962, reprinted 1981); R.G. Smith (compiler), World Come of Age (1967); and Peter Vorkink (compiler), Bonhoeffer in a World Come of Age (1968). Other major studies include J.D. Godsey, The Theology of Dietrich Bonhoeffer (1960); John A. Phillips, Christ for Us in the Theology of Dietrich Bonhoeffer (also published as The Form of Christ in the World, 1967, reissued 1969); William Kuhns, In Pursuit of Dietrich Bonhoeffer (1967); and Larry L. Rasmussen, Dietrich Bonhoeffer: Reality and Resistance (1972).
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Universalium. 2010.
Look at other dictionaries:
Bonhoeffer, Dietrich — ( 19 0 6 1945 ) theologian and martyr of the Nazis German Lutheran theologian Dietrich Bonhoeffer became an inspiration to many Christian activists in the later 20th century through his resistance to the Nazi regime in Germany and his… … Encyclopedia of Protestantism
Bonhoeffer, Dietrich — (1906–45) Theologian. Bonhoeffer was educated at the Universities of Tübingen and Berlin, in Germany. He was particularly influenced by the thought of harnack and barth. After ordination, he continued to teach at the University of Berlin.… … Who's Who in Christianity
Bonhoeffer,Dietrich — Bon·hoef·fer (bônʹhœ fər), Dietrich. 1906 1945. German Protestant theologian whose works concern Christianity in the modern world. He was executed for his role in a plot to assassinate Hitler. * * * … Universalium
Bonhoeffer, Dietrich — ► (1906 45) Teólogo evangelista alemán, nacido en Breslau. Estudió teología en Tubinga, Berlín y Nueva York. Sus obras principales son Acto y ser (1956) y Ética (1958). * * * (4 feb. 1906, Breslau, Alemania–9 abr. 1945, Flossenbürg). Pastor y… … Enciclopedia Universal
BONHOEFFER, Dietrich — (1906 1946) German CONSERVATIVE LUTHERAN theologian whose opposition to the Nazi regime led to his brutal execution. He is the author of The Cost of Discipleship (1937) and Letters and Papers from Prison (1951) … Concise dictionary of Religion
Bonhoeffer — Bonhoeffer, Dietrich … Enciclopedia Universal
Dietrich Bonhoeffer — Bonhoeffer in Germany, circa 1930s Born February 4, 1906 (1906 02 04) Breslau, Germany … Wikipedia
Bonhoeffer-Kreis — Dietrich Bonhoeffer im August 1939[1] … Deutsch Wikipedia
Dietrich Bonhoeffer — (* 4. Februar 1906 in Breslau; † 9. April 1945 im KZ Flossenbürg) war ein lutherischer Theologe, profilierter Vertreter der Bekennenden Kirche und Teilnehmer am deutschen Widerstand gegen den Nationalsozialismus. Mit 24 Jahren habilitiert, wurde… … Deutsch Wikipedia
Dietrich Bonhoeffer — Saltar a navegación, búsqueda Dietrich Bonhoeffer en la Conferencia Ecuménica de Jóvenes (Gland, Suiza, 1932) … Wikipedia Español


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RICHMOND, Va. – The VCU Track & Field program is gearing up for a tough weekend of action, sending athletes to both the Christopher Newport University Vince Brown Invite (Saturday) and the New Balance Invite in New York City (Friday and Saturday).
VCU Head Coach Jon Riley took time this week to reflect upon a few student-athletes that have had a surge of strong performances throughout the indoor season.
Freshman sprinter Darius Vaughn owns the second fastest time among CAA competitors in the 200 meters, with his recent performance at the Penn State National Invitational. The Chesapeake, Va., native finished in 22.23 seconds and earned a spot at the IC4A meet in early March. Vaughn also owns the third fastest time in the 400 meters, with a time of 50.02 seconds, which also came at Penn State.
"Darious had a really strong showing last week in the 200 meters," said Riley. "He executed most of his race like we planned, but there is still some work to be done on his finish. I want him to continue to work hard and remain aggressive."
The Rams had a pair of school records broken up in State College, with the women's 4x400 relay team contributing to a new school record. The group made up of senior Jazlynn Finney, freshman Nicole Grasty, sophomore Niaimani Aduma and Kiara Porter etched their names in the school record book. The Rams own the second fastest time among relay teams in the CAA, as they crossed the finish line 3:45.39, just a few seconds behind George Mason's squad.
"The ladies did a good job, but I see room for improvement out of them," added Riley. "We have to push the stick through the zone and have cleaner exchanges. I am sure they are happy with the recent results, but are not content with their recent performances."
One athlete to keep an eye on going forward, is junior thrower Frank Afriyie (pictured right). The Alexandria, Va., native transferred to VCU prior to the 2011-12 academic year and has been a force in the weight throw. Afriyie owns the CAA's second best heave in the weight throw, with his attempt landing 17.33 meters past the starting point.
"Frank is a very talented throwers and is moving up our school rankings quickly," commented Riley. "He has the potential to push into being an IC4A threat too if he puts his mind into it and executes what he does in practice consistently. We are just waiting for him to hit the right moment in the right meet to change everything moving forward for him."

subset: commoncrawl


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Director Cordray Meets with CBAI to Discuss CFPB's Activities
September 18, 2012
CBAI's Bob Wingert, President; Jerry Cavanaugh, General Counsel; David Schroeder, VP of Federal Governmental Relations; and Mike Kelley, President of the CommunityBanc Service Corporation recently discussed CBAI's observations, concerns, and recommendations regarding the Consumer Financial Protection Bureau (CFPB) with Director Richard Cordray. Director Cordray called on September 14th as part of the Bureau's outreach efforts to community bank trade associations.
Wingert encouraged the CFPB to focus its efforts on the largest financial institutions and the shadow financial industry to help level the playing field for community banks. Tiered regulation, which was expanded under the Dodd Frank Wall Street Reform Act, could also help accomplish this leveling. Wingert urged all of the banking regulators (including the CFPB) to aggressively continue the trend of expanded tiered regulation. Director Cordray expressed an appreciation for tiered regulation and the need to tailor regulation for community banks where possible. The most recent CFPB example is its small volume exemptions for remittance transfers.
Schroeder emphasized that consumers (as well as financial institutions) have responsibilities in their financial relationships. Financial products are rich with features, there are regulatory disclosure requirements, and banks incorporate lessons learned into their documents and disclosures. Consumers have the responsibility to read and understand what they are signing, but many are not. This is a significant and a widespread problem. It is impossible to distill all of the relevant information of a feature-rich financial service onto a single page, and there is a very real risk of reducing consumer options which is not in the best interests of consumers, community banks, and our communities. Director Cordray frankly agreed that consumers also have responsibilities in their financial dealings. His goal for the Bureau is, in part, to assist consumers in making informed financial decisions and to not "dumb down" products or services.
CBAI recommended that, when seeking consumer feedback, the CFPB should be looking for examples of exemplary behavior in addition to looking for examples of abusive practices. Besides tempering the perception that the CFPB is purely looking for "gotcha" moments the Bureau will be better informed about bank best practices. CBAI urged the Director to give these two objectives more equal weight. Director Cordray agreed with the recommendation and will implement them in the future.
CBAI also recommended that the CFPB make it very clear in its rule making precisely which institutions are subject to its rules, examination and enforcement. There is still confusion as to the role of the CFPB as it relates to community banks (rule writing for all, but examination and enforcement only for those over $10B). References in the Bureau's publications to "institutions we supervise" is insufficient to remove this confusion. Director Cordray stated that the unique responsibilities of the Bureau have created some confusion, particularly as to how the CFPB impacts community banks, and he appreciated the suggestion to help eliminate future confusion.
Prior to Director Cordray's outreach, the Bureau released details regarding its new Community Bank Advisory Council. The Council will provide the CFPB with feedback and recommendations to develop and influence policy, research, rulemaking, and engagement functions. CBAI is pleased that its former Chairman, Robin Loftus, was named to the Council and will serve as its first Chairman.
CBAI appreciated the opportunity to discuss the operations of the Bureau and its impact on community banks.


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Discuss the use of automatic temperature control products and accessories used with the Weber Smokey Mountain Cooker and other smokers and grills.
Use this control to limit the display of threads to those newer than the specified time frame.
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Good evening
I have a word document (instructions) that I want to place in in a frame in a program that I'm working on. I have no clue how to do it. I've played around with it, but no luck on my own. In the attached rar is a copy of the file that I want to convert.
Thanks for any help that you can provide.


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Amidst the WWDC doodiestorm this morning, MacRumors and 9to5mac are reporting in that Apple's back to school deal this year is the familiar $100 gift certificate to iTunes and the App Store with the purchase of a Mac, and a new $50 card when you buy an iPad. The cards are in addition to the year-round student discount on Apple products.
The change from the old free iPod back to school offer totally stunk, but if we're stuck with an "offer" to dump more cash into Apple's closed ecosystem, at least we get it with the iPad now too. Which is something? Sort of? Sigh. Regardless, the shoddy deal will reportedly kick in Monday. [MacRumors, 9to5mac]


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The Worst Economic Recovery Since The Great Depression
The Worst Economic Recovery Since The Great Depression
The record of President Obama's first three years in office is in, and nothing that happens now can go back and change that. What that record shows is that President Obama, with his throwback, old-fashioned, 1970s Keynesian economics, has put America through the worst recovery from a recession since the Great Depression.
The recession started in December, 2007. Go to the website of the National Bureau of Economic Research (www.nber.org) to see the complete history of America's recessions. What that history reveals is that before this last recession, since the Great Depression recessions in America have lasted an average of 10 months, with the longest previously lasting 16 months.
When President Obama entered office in January, 2009, the recession was already in its 13th month. His responsibility was to manage a timely, robust recovery to get America back on track again. Based on the historical record, that recovery was imminent, within a couple of months or so. Despite widespread fear, nothing fundamental had changed to deprive America of the long term, world-leading prosperity it had enjoyed going back 300 years.
Supposedly a forward looking progressive, Obama proved to be America's first backward looking regressive. His first act was to increase federal borrowing, the national debt and the deficit by nearly a trillion dollars to finance a supposed "stimulus" package, based on the discredited Keynesian theory left for dead 30 years ago holding that increased government spending, deficits and debt are what promote economic growth and recovery. That theory arose in the 1930s as the answer to the Great Depression, which, of course, never worked.
That was the beginning of President Obama's Rip Van Winkle act, pretending not to know anything that happened over the previous 30 years proving the dramatic, historic success of the new, more modern, supply side economics, which holds that incentives for increased production are what promote economic growth and recovery. Indeed, that Rip Van Winklism pretended not to remember the 1970s either, when double digit inflation and double digit unemployment proved Keynesian economics grievously wrong.
As should have been long expected, Obama's trillion dollar Keynesian stimulus did nothing to promote recovery and growth, and almost surely delayed it. That is because borrowing a trillion dollars out of the economy to spend a trillion back into it does nothing to promote the economy on net. Indeed, it is probably a net drag on the economy, because the private sector spends the money more productively and efficiently than the public sector.
The National Bureau of Economic Research scored the recession as ending in June, 2009. Yet, today, in the 49th month since the recession started, there has still been no real recovery, like recoveries from previous recessions in America.
Unemployment actually rose after June, 2009, and did not fall back down below that level until 18 months later in December, 2010. Instead of a recovery, America has suffered the longest period of unemployment near 9% or above since the Great Depression, under President Obama's public policy malpractice. Even today, 49 months after the recession started, the U6 unemployment rate counting the unemployed, underemployed and discouraged workers is still 15.2%. And that doesn't include all the workers who have fled the workforce under Obama's economic oppression. The unemployment rate with the full measure of discouraged workers is reported at www.shadowstats.com as about 23%, which is depression level unemployment.
Today, over 4 years since the recession started, there are still almost 25 million Americans unemployed or underemployed. That includes 5.6 million who are long-term unemployed for 27 weeks, or more than 6 months. Under President Obama, America has suffered the longest period with so many in such long-term unemployment since the Great Depression.
Notably, blacks have been suffering another depression under Obama, with unemployment today, 49 months after the recession started, still at 15.8%. Black unemployment has been over 15% for 2 ½ years under Obama. Black teenage unemployment today is over 40%, where it has persisted for over 2 years as well.
Hispanics have also been suffering a depression under Obama, with unemployment today still in double digits at 11%. Hispanic unemployment has been in double digits for three years under President Obama. Over one fourth of Hispanic youths remain unemployed today, which also has persisted for years.
The Census Bureau reported in September that more Americans are in poverty today than at any time in the entire history of Census tracking poverty. Americans dependent on food stamps are at an all time high as well.
Real wages and incomes have been falling so steadily under Obama and his confused, throwback, Keynesian/neo-Marxist Obamanomics, that the Census Bureau also reported that real median family income in America has fallen all the way back to 1996 levels.
Obama apologists cannot argue that this is because the recession was so bad, because the historical record in America is the worse the recession the stronger the recovery. Based on historical precedent, we should at worst be finishing the second year of a booming recovery by now.
Compare Obama's lack of a recovery 2 ½ years after the recession ended with the first 2 ½ years of the Reagan recovery. In those years under Reagan, the American economy created 8 million new jobs, the unemployment rate fell by 3.6 percentage points, real wages and incomes were jumping, and poverty had reversed an upsurge started under Carter, beginning a long term decline.
While Obama crows about 200,000 jobs created last month, the most for a month during his entire Administration, in September, 1983 the Reagan recovery less than a year after it began created 1.1 million jobs in that one month alone. Under Obama, we are still almost 6 million jobs below the peak before the recession started over 4 years ago! In the second year of the Reagan recovery, real economic growth boomed by 6.8%, the highest in 50 years.
The chief excuse of the Obama apologists is that what we have suffered was not just a recession, but a financial crisis, and, they argue, recovery from a financial crisis takes a lot longer than recovery from a recession. But that is not the experience of the American, free market, capitalist economy.
The experience of the American economy is reported in full at the National Bureau of Economic Research, as cited above – recessions since the Great Depression previously have lasted an average of 10 months, with the longest previously 16 months, and the deeper the recession the stronger the recovery. That is the standard by which the performance of Obamanomics is to be judged. Which of those American recessions was a "financial crisis" that breaks the pattern?
The apologists cite in their support the book, This Time Is Different: Eight Centuries of Financial Folly, by Carmen Reinhart and Kenneth S. Rogoff. That book "covers sixty-six countries over nearly eight centuries." It "goes back as far as twelfth century China and medieval Europe." The data "come from Africa, Asia, Europe, Latin America, North America, and Oceania." The experience from 12th century China, medieval Europe, spendthrift demagogues and socialist economies from Latin America, Europe, Africa and Asia, do not set the standard of expectations for post depression, free market, capitalist America over the last 70 years, the most powerful economic engine in the history of the world.
The data in the book is marshaled to explain why, in fact, "this time is different" is actually always wrong. Seizing upon the data in the book to try to give some sort of pass to Obamanomics for failing the economic performance standards of American history is just political propaganda.
Indeed, exactly none of President Obama's policies have been well designed to restore economic recovery and traditional American prosperity. They have consistently been the opposite of everything that Reagan did to end the American decline of the 1970s, and restore booming growth for 25 years. That is why Rush Limbaugh is saying Obama deliberately wants to trash the economy, thinking the resulting dependency will lead a majority to continue to vote for the liberal political machine. President Obama certainly thinks that traditional American, world leading prosperity is morally embarrassing because of the global inequality it represents.
The American economy will likely show continued, long overdue, signs of life in 2012, which will amount to way too little, way too late, based on historical standards. But even worse than his first term is what Obama is brewing up for 2013 on his current course.
Most people do not know that already enacted in current law for 2013 are increases in the top tax rates of virtually every major federal tax. That is because the tax increases of Obamacare become effective that year, and the Bush tax cuts expire, which Obama has refused to renew for singles reporting income over $200,000 per year, or couples reporting over $250,000 per year (in other words, the nation's small businesses, job creators and investors, in plain English).
As a result, if the Bush tax cuts just expire for these upper income taxpayers, along with the Obamacare taxes, in 2013 the top two income tax rates will jump nearly 20%, the capital gains tax rate will soar by nearly 60%, the tax on corporate dividends will nearly triple, and the Medicare payroll tax will leap by 62% for those disfavored taxpayers.
This is on top of the U.S. corporate income tax rate, which is virtually the highest in the industrialized world. The federal rate is 35%, with state corporate rates taking it close to 40% on average. But even Communist China has a 25% rate. The average rate in the social welfare states of the European Union is less than that. Formerly socialist Canada has a 16.5% rate going down to 15% next year.
These U.S. corporate tax rates leave American companies uncompetitive in the global economy. Yet under President Obama there is no relief in sight. Instead, he has spent the past year barnstorming the country calling for still further tax increases on American business, large and small, investors, and job creators.
Higher tax rates mean producers can only keep a smaller percentage of what they produce. So tax rate increases reduce the incentive for productive activities, such as saving, investment, starting businesses, expanding businesses, job creation, entrepreneurship and work, resulting in less of each. And that is what the tax tsunami of 2013 would do, which would once again swamp the weak economy.
Most small business profits are reported from households earning more than $200,000/$250,000 per year, and those small businesses produce more than half the new jobs. So the 2013 tax tsunami effectively targets small business, and the nation's job creators. That will hurt working people the most, because they will lose the jobs and the wage income they need to maintain their basic standard of living.
In addition, the Obama administration is in the process of imposing a blizzard of new regulatory costs and barriers that will be building to a crescendo by 2013 as well. Academic studies estimate the total costs of regulation in the economy to be rapidly rising towards $2 trillion per year, or $8,000 per employee. That is close to 10 times the corporate income tax burden, and double the individual income tax. When the resulting effects on the economy are considered, the total losses due to regulatory burdens may total $3 trillion, or one fifth of our entire economy.
But by 2013 these regulatory costs will have exploded in unprecedented fashion. That reflects the Obama Administration's global warming crusade, assault on private energy production, the still oncoming Dodd-Frank regulatory burdens on the financial community, Obamacare regulations, particularly the job killing employer mandate, and many others.
By 2013, the Fed may be in contractionary mode as well. If history is any guide, the Fed might decide that right after the election would be the perfect time to cut back on its historically loose monetary policy with record low interest rates that have persisted for years. Adding rising interest rates to the above brew of soaring marginal tax rates across the board and exploding regulatory costs would accumulate to a powerful contractionary force.
Art Laffer predicted the Coming Crash of 2011 on the basis of the expiration of the Bush tax cuts on the upper income earners alone. Those tax rate increases were extended to 2013 in December, 2010 out of fear that prediction was right. But now in 2013 in addition to those tax rate increases we have all of the tax increases of Obamacare, the further exploding costs of Obama's building regulatory blizzard, and the possible contractionary effect of the Fed's monetary policies, all at the same time. Unless we reverse course, the result may well be one big, bad crash in 2013.
Adding that on top of Obama's first term, the entire period will look like an historical reenactment of the 1930s. Unless the American people choose to change leadership this year, we will have achieved that result the old fashioned way – we will have earned it.
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Nothing remotely suprising about this since he was handed the worst economic situation since the Great Depression. It was so stark that whoever won in 2008 was well and truly ****ed that I posted that it might be entirely better for Democrats to lose that election so they didn't get blamed for all the bad shit that was inevitable from 2008-12. If the Republicans had somehow won in '08, I think that at least two or more terms for a Democrat would have been assured starting in '12.
Instead, the Republican field is so weak Obama might somehow win reelection, which given the economic situation would really be a breach of historical precedent.
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Really, If the republicans had a plan they believed in
they'd run a canidate with more apeal than a plate of cold mash potatoes
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Nonsense Amnorix. You Dems have had congress since 2006. We could have been out of the mess in 2 years with the right ideas. Just because current Republicans act like Democrats is meaningless.
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Wasserman thinks Obama should get the credit for where the economy is now
WALLACE: All right. Let me bring in Congresswoman Wasserman Schultz.
Yes, the numbers are better -- 200,000 jobs created, 8.5 percent. But 13 million Americans are out of work and the fact is that no president has been reelected with unemployment over 7.2 percent since FDR back in the 1930s. So, better yes, not good.
WASSERMAN SCHULTZ: Well, certainly not where we want to be. And it's important to look at where we were when President Obama took office. I mean, he did inherit an economy and largest set of problems of any presidents since FDR and was in the situation where we were bleeding 750,000 jobs a month when he took office.
Now, three years later, we've had 22 straight months of job growth in the private sector. You know, Reince, it's amusing -- disappointing actually that he seems disappointed in the progress that we've been able to make. But we've had 22 straight months of job growth. We've had as you said almost 3 million jobs created in the private sector, 200,000 alone in just the last month.
And now, in manufacturing, let me just correct what Reince just said, we've actually had the largest growth in the manufacturing sector that we've had since 1997.
WALLACE: All right.
WALLACE: Wait, wait, wait. Guys, I said I was going to play traffic cop, I'm going to do that.
Congresswoman, President Obama was interviewed in early 2009, about a month after he took office and when he was pushing his $800 billion stimulus, here's what he said about fixing the economy. Take a look.
PRESIDENT BARACK OBAMA: If I don't have it done in three years, then there's going to be a one-term proposition.
WALLACE: Congresswoman, the president has clearly failed to meet that test.
WASSERMAN SCHULTZ: Well, I think the president certainly has been -- should be credited for pushing hard, fighting to get the economy turned around, fighting to create jobs without any help from the Republicans at all. I mean, the Republican Congress --
WALLACE: But you would agree -- he hasn't gotten it done in three years.
WASSERMAN SCHULTZ: Well, he inherited a huge set of problems at once and it's very clear that --
WALLACE: But that's what he said, get it done in three years.
WASSERMAN SCHULTZ: Well, I understand. But I certainly think he deserves credit, he should give himself some credit and does for beginning to get the economy turned around, for bringing us as far as he has. We have gone from an unemployment rate that was over 11 percent at one point. Now, it's below nine and we are beginning to move in the right direction.
WALLACE: But, and let me just quickly say, it was 7.8 percent when he took office.
WASSERMAN SCHULTZ: Well, but he had inherited a huge set of problems with the economy that was on the precipice of disaster. Thanks to Republican policies.
Remember, George W. Bush presided over the turning of a record surplus into a record deficit -- a financial disaster because no one was minding the store. Almost no regulation that was appropriate over the financial services industry. Now, we have Wall Street reform that makes sure that consumers had protection, makes sure that banks can't be too big to fail. We begun to get things --
WALLACE: All right. I am going to get --
WASSERMAN SCHULTZ: President Obama deserves some credit.
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Also, anybody who has read Reinhardt and Rogoff's paper about credit crises and the recoveries afterwards could have seen this a mile away.
I'm still not sure we avoid a second recession but Obama is going to be fine because it probably won't hit until later in the year. With the uptick in jobs and the gop nominating a schmuck, Obama will be back for 4 more years.
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O.M.G. My Avy's a.gif!
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The economy is being juiced for the election. Incumbents benefit.
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The 23rd Pillar
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Boy, you all want power. God, I hope you never get it. - Lindsay Graham
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Older thoughtful liberals? I'd calle them socialists or progressives. I'll say oldandslow is a thoughtful person but he admits he's also a socialist. I think him, banyon and Literature like Romney because of Romneycare. It's okay to kill innocents abroad if you still get your allegedly "free" healthcare.
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The 23rd Pillar
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Paul gets the more of those who lean classically liberal and Romney collects the statists, fascists and socialists.
Last edited by BucEyedPea; 01-16-2012 at 03:11 PM..
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Obama was handed a shit hand, but he could have made immense change if he wasn't a politician... or had decent economic advisers. Look at the litany of BS that he allowed to carry on because he really doesn't understand. I can guarantee that he had no idea about Fannie or Freddie... but shouldn't he have known? I did.
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Make America Great Again
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FINALLY! The wait is over.
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network packet size Option
Use the network packet size option to set the packet size (in bytes) used across the entire network. Packets are the fixed-size chunks of data that transfer requests and results between clients and servers. The default packet size set by SQL Server is 4,096 bytes. If an application does bulk copy operations, or sends or receives large amounts of text or image data, a packet size larger than the default may improve efficiency because it results in fewer network read and write operations. If an application sends and receives small amounts of information, the packet size can be set to 512 bytes, which is sufficient for most data transfers.
Do not change the packet size unless you are certain that it will improve performance. For most applications, the default packet size is best.
On systems using differing network protocols, set network packet size to the size for the most common protocol used. The network packet size option improves network performance when network protocols support larger packets. Client applications can override this value.
You can also call OLE DB, Open Database Connectivity (ODBC), and DB-Library functions request a change the packet size. If the server cannot support the requested packet size, the Database Engine will send a warning message to the client. In some circumstances, changing the packet size might lead to a communication link failure such as the following:
Native Error: 233, no process is on the other end of the pipe.
The network packet size option is an advanced option. If you are using the sp_configure system stored procedure to change the setting, you can change network packet size only when show advanced options is set to 1. After this setting is changed, all new connections receive the new value.
The maximum network packet size for encrypted connections is 16,383 bytes.
See Also


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Truly Sad: China's Elephant Man Speaking On His Life (Can't Make Money To Look After His Parents)
Documentary was released back in April
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Explore Our Hotel
Enjoy a prime location just minutes from Wangjing Science and Technology Park and Beijing Airport when you stay at Holiday Inn Express Beijing Wangjing.
Our friendly staff welcome you to the hotel's airy Lobby. You can stay connected with complimentary wireless Internet in all modern Guest rooms and public spaces. Holiday Inn Express Beijing Wangjing is 20 minutes' drive from Beijing International Airport, and you can hop in a taxi to reach Wangjing Science and Technology Park in just 5 minutes.
The hotel's convenient location in the heart of bustling Wangjing commercial district puts companies such as Benz,Siemens and Microsoft within walking distance. Make use of Holiday Inn Express Beijing Wangjing's 2 naturally lit meeting rooms to host seminars for 70 people. Hotel accommodation is provided, you can prepare for a busy day of meetings in the 24-hour Business Centre for your work.
Explore Beijing easily via the city's speedy rail network. It's a short taxi ride from Holiday Inn Express Beijing Wangjing to the subway. Take time out to discover the golden-roofed palaces of the Forbidden City, 13km from the hotel.
The tasty complimentary breakfast mixes Chinese and western cuisine. Chat to friends in the congenial Great Room, or have a break surfing the web on your laptop. The hotel is connected to Focus Mall, where you can enjoy a supper of sizzling noodles or stock up on supermarket food and drinks.
- Rollaway Bed/Cot Available
- Crib Available
- In-room Safe
- Separate Hanging Closet
- In-Room Heating and A/C Controls
- Sofa Bed/Sleeper Couch
Bathroom/Personal Care
- Private Bathroom
- Bathroom Amenities Available
- Hair Dryer
- Bathtub
- Separate/Walk-in Shower
- Separate Vanity Area
In-Room Features
- iPod Docking Station with Clock Radio
- Work Desk with Lamp
- Desk-level Electrical Outlet
- Direct-dial Phone
- Phone with Voicemail
- Windows Open by Guest
Added Value
- Connecting Rooms Available
- Slippers
- Complimentary Coffee/Tea Supplies
- Complimentary Bottled Water
- Breakfast Buffet Included
- Kids Eat Free
Hotel Restaurants
Hotel offers lunch buffet and Chinese dinner set menu daily
Location: 5th Floor of hotel
Serves: Breakfast, Lunch, Dinner
Hours of Operation: : 6:30 AM-10:00 PM
Business Services
- 2 Meeting Room(s) Available
- On-Site Business Center
- Printer
- Copier
Internet Access
- Free High-Speed Internet in all Rooms
- Wireless Internet service is free for all IHG® Rewards Club members
Health & Fitness
Complimentary Fitness Center
Hours of Operation: 6:30 AM to 10:00 PM
Housekeeping & Laundry
- Daily Housekeeping
- On-site Guest Self-Laundry Facilities
- Hours of Operation: 12:00 AM - 11:59 PM
Added Value
- Wake Up Calls
- Storage Space Available
Hotel Details
No.6 Building, No.6 Yard, Fu Tong East Street, Wanjing Chaoyang District
Beijing, 100102
Mainland China
Check In: 2:00 PM
Check Out: 12:00 AM
Check-in Age: 18
Accessibility + -
- Public Entrance
- Guest Rooms
- Elevators
- Public Restrooms
Accessible Hotel Areas
- Ramp Access
- Closed Caption TVs
- Visual Alarm/Alert in Guest Rooms
- Visual Alarm/Alert in Public Spaces
Provided by Hotel
Pet Policy + -
- Pets Allowed
Facility + -
- Smoke-Free Facility
- Number of Floors: 18
- Total Number of Rooms: 231
- Number of Non-Smoking Rooms: 231
- Number of Accessible Rooms: 2
- Connecting Rooms Available
- Public Spaces Renovated in: 2014
- Guest Rooms Renovated in: 2014
Languages + -
Languages Spoken by Staff
- English
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Dr Pepper Becomes Big Can On Campus With ESPN, AFCA
August 25, 2009: Dr Pepper has signed a deal with ESPN and the American Football Coaches Assn. that would greatly expand its presence on the college football landscape. Beginning this season, Dr Pepper will be the presenting sponsor of the official trophy awarded at the 2010 Citi BCS National Championship Game. Dr Pepper also will be a premier sponsor of ESPN college football programming, including sponsorship of weekly features within ESPN college football programming such as College GameDay Built by the Home Depot, College Football Live, ESPNU studio shows and primetime games on ESPN and ABC. Financial terms were not revealed.
The 2010 Citi BCS National Championship Game will be played Jan. 7, 2010, at the Rose Bowl in Pasadena, Calif., matching the No. 1 and No. 2 BSC rated teams in the nation. It will air on ABC, which is a sibling of ESPN in the Disney Co.
As part of the deal, Dr Pepper will also receive multimedia-integrated exposure with on-air promotion, tune-ins and billboards on all ESPN networks and ABC as well as ESPN.com, ESPN The Magazine and ESPN Radio. The Coaches' Trophy presented by Dr Pepper will conduct a season-long tour, stopping at key games in conjunction with ESPN's College GameDay, beginning with Virginia Tech vs. Alabama game in Atlanta on Sept. 5, and running until the Citi BCS National Championship Game.
"Like college football, Dr Pepper is an unrivalled experience," Tony Jacobs, vp-marketing for Dr Pepper, a division of the Dr Pepper Snapple Group, said in a statement. "With more than 25 years of partnering with college football, Dr Pepper is proud to sponsor the most sought-after trophy in college sports." Dr Pepper is currently running a promotion offering $1 million in college tuition.
The American Football Coaches Assn. created the trophy in 1986. This will be the 24th year the trophy has been awarded to the No. 1 team in the AFCA's final USA Today Coaches' Poll. The winner of the Citi BCS National Championship Game automatically receives the No. 1 ranking. Back to Home Page


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|Biosequences .. Software .. Molbio soft .. Network News .. FTP
It would be a heck of a lot easier if you would just look up these terms in the back of the textbook -- either your own class book, or of a college level botany book. There's probably not a single web site for these very basic terms. With one book in hand, you could make a field study sheet for these terms, and maybe even find examples of these given in the text so that you could have them at hand when you go collecting. The web is not a good substitute for bookwork, believe me. It's better for finding one single piece of info, rather than an entire subject. Get what you can out of the books first, THEN hit the web to search for particular families of plants that have been suggested by the book. I can get you started with a few definitions below. Good luck Matthew Moore wrote: > > I thought most of you would find this interesting: > > We were asked to bring in samples (live) of plants and flowers that had > certain characteristics. The challenge is to keep the amount of samples > small with still showing al the characteristics. I would appretiate any > input any of you have. Even just a single source on the internet where > I could find the definitions to these words. Thanks! Please reply to > matmoore at jps.net. > > ______________________________ > PLANTS WITH: > calyptra > modified leaf -- spines or thorns > leaf node scars -- places where the leaf has fallen off > internodes -- everything with leaves has these. These are the spaces on the stems between leaf nodes > petiole-- the short stem that attaches a leaf to the main stem > lateral bud growth > simple palmate veined leaf -- maple > compound pinnate leaf > radicle > fibrous roots > tap roots - like carrots/dandelions/pecan trees > chorled leaf arrangement -- don't you mean 'whorled'? That's leaves arranged in a circular cluster around the stem. > entire leaf > toothed pinnate > doubly compound leaf > waxy simple leaf -- > large shade adapted leaf -- catalpa, > leaf adapted to avoid excess water loss -- holly, magnolia > leaf adapted for water storage > a nitrogen fixer -- clover, peanuts > tendrils -- any vine with little curly things coming off the stem > sori on frond -- frond. Sori are the structures containing the spores > resistance to dessication (not leaf)-- cactus/succulents > plumule > seed coat > primary growth > xerophyte > halophyte > mineral deficiency -- try azalea that has yellowed because it doesn't have an acidic-enough soil > adventitious roots > toxic plant -- castor bean/nightshade/oleander/loco weed/foxglove > bulb -- onion > leucoplasts > leaf axil > wind dipersed seed -- dandelion fluff/maple wings > germinating seed > seed dispersed on fur -- sticker burrs > ____________________________________ > FLOWERS WITH: > simple (primitive) dicot > inferior ovary > bilateral symmetry -- iris/sweet peas > inflorescence > insect guidelines > non-greeen sepals - dogwood/poinsetta > composite flower > adaptations to prevent self-pollination > wind pollinated flower > umbel > incomplete perfect > imperfect flower > fused corolla -- trumpet vine/ morning glory > raceme > visible ovules in ovary > pollen grains > citrus flower - orange/lime/ > hummingbird pollinated flower


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Holiday Luncheon goes off without a hitch
Ladies who lunch … Last week the Junior League of Beaumont hosted its Holiday Luncheon that honored the oh-so-deserving Michele Smith. The luncheon was a smashing success with all tables filled to capacity and almost 250 well-heeled women and a few dapper gents in attendance. Alison Kiker (the honoree's sis) and Jennifer Smith showered her with touching tributes and accolades before the honoree spoke. Never one to mince words, the admirable Mrs. Smith thanked the lunch bunch in a way that only this terrific lady can do and asked everyone to continue their quest in doing what they can for others. The group was on its feet when she completed her speech. During the divine meal, holiday attire from Bella Bella was modeled by Melissa Edwards, Carolyn Sweat, Johnnie Broussard, Kit Ohmstede and Mary Jane Benning, to name a few. Enjoying the tasty meal were Camille Ohmstede, Dana Babineaux, Mildred Hall, Brenda White, Norma Sampson, Barbara Quinn, Judy Dishman, Jennifer Parker, Heather Petkovsek, Elizabeth Waddill, Lisa Cowart, Gail Colletti, Debbie Sebastion, Paige Windham, Dana Babineaux, Annie Green, Paige Fertitta, Gillian Maness, Stephanie Daleo, Nicole Saba, Nikki Albanese and too many more to mention. Hats off to Ashley Carter, Susan Reese and all of the Junior League members who put together a wonderful Main Street Market weekend that benefits our community in so many different ways!
Havana night … Last Thursday evening, several Beaumont art aficionados made the trek to Museum of Fine Arts, Houston to enjoy the lecture on "The Great Houses of Havana: A Century of Cuban Style" by artistic author Hermes Mallea. Several in the crowd had recently returned from touring the Caribbean island and could relate the interesting facts and pictures depicting this beautiful country and its colorful history. On the edge of their chairs were Betty Leaf, Regina Winegar, Elsie Yeates, Carey Maloney, Martha and Leon Hicks, Cathy and David Bissell, Mary Clark, Kelly and Jack McNeill, and Sharon and John Bissell. This is a magnificent must-have coffee table tome that you can order online at greathousesofhavana.com.
Light and bright … Creative jewelry by Mattie Phelan is on display and for sale at Burns Antik Haus, making inexpensive and clever gifts for the holiday season.
News of I do's … Katie Perkins and Jeff Beaver Jr. exchanged vows this past Saturday evening, Dec. 3, in a quaint setting at Old Glory Ranch in Wimberley. The Rev. Dr. Patrick Gahan presided over the ceremony and brought back many memories to those who had been part of his congregation when he was at St. Stephens Episcopal Church. Toasting the newlyweds and dancing to the sounds of Atlantic were family Kim and David Perkins, D'awn and Jeff Beaver, Priss and Bobby LeJeune, Cathy and Kenneth Beaver, Joanne and Clyde Perkins, Ellen Perkins, Julie Toups, Heather and Bobby Beaver, Cindy and Jerry Miles, John Beaver, Lauren Beaver andJoseph Beaver, and friends Hannah and Billy Elliott, Sheridan and Robert Plum, Buffin Golias, Kristin Peyton, Matthew Morgan, Cassie LaMendola, Trent Marino, Casey McDermand, Amy Morgan, Ryan Pyburn, Graceann and Kyle Falkenhagen, Wilson Hawa, Ryan Cupps, Clarke Baker, Kyle Gentry, Tyler Terry, Madison Gober, Michael Morgan, Gracelyn and Russel Miller, Kathy Gober, Eric Moujaes, Lee Mann, Lynn and Mike Smith, Ann Clary and Jay Old, Jenny and Mickey Shuffield, Jean Peyton and many more. Congratulations!
Candles and cakes … Belated best to twins Mary Clark and David Bissell, Emily Wheeler, Vicki Bauer, Linda Ohmstede, Charlene Babineaux, Vickie Seymour, Chuck Fiorenza, Vickie Jones, Lisa Syler andKyle Cogswell. Birthday wishes to Cheryl Conner, Lorri Zummo, Cathy Zummo, Jeff McManus, Marilyn Adams, Willard Hall, Josie Broussard, Holly Lawson, Mitzi Burns, Michael Nixon and Jay Serio andJayne Bordelon.
Until the next RSVP!


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Today: Gilead Sciences demolishes earnings expectations thanks to powerful sales of breakthrough hepatitis C drug Sovaldi. Also: Juniper Networks, VMware and Intuitive Surgical announce quarterly earnings as Netflix rises.
The Lead: Sovaldi gives gigantic boost to Gilead Sciences' sales
Gilead Sciences' revenues nearly doubled in one year thanks to the introduction of a breakthrough hepatitis C drug that produced more than $2 billion in sales in its debut quarter, the Foster City biopharmaceutical giant reported Tuesday.
Silicon Valley's largest biotech company announced that it amassed profits of $2.22 billion, or $1.13 a share, on total sales of $5 billion in the first three months of the year. The company's first-quarter revenues jumped 97.6 percent from the same quarter a year ago, thanks mostly to Sovaldi: The hep C drug, which was cleared by the FDA in December, produced $2.27 billion in sales during those three months.
ISI Group analyst Mark Schoenbaum said on Gilead's earnings conference call that the drug produced the largest quarterly sales for a pharmaceutical drug that he had found, living up to the prediction of Robert W. Baird analyst Brian Skorney, who said that the drug will break annual sales records in 2014. Overall, Sovaldi sales were double the average analyst estimate of $1.13 billion compiled by Bloomberg News, and were higher than even optimistic reports from analysts who suggest Gilead stock, Schoenbaum said.
"This is well above the very likely stale sell-side consensus estimates," Schoenbaum wrote in a note. "More importantly, it's above even the high end of buy-side expectations that I've heard floated in the past few weeks."
Gilead has faced negativity for its pricing of the drug, which costs $1,000 a pill in the United States after being acquired in the company's $11 billion purchase of Pharmasset in 2011. A panel of California medical experts labeled Sovaldi a "low value" treatment due to its high cost, and one member of Congress has asked Gilead to explain the pricing.
"The value of a cure, I tend to think, is underestimated in terms of the overall advantage that the health care system receives from it," Chief Operating Officer John Milligan said in Tuesday's conference call, detailing the long-term cost of treating patients with hepatitis C against the short-term cost of Gilead's drug regimen.
Investors pushed Gilead shares higher than $75.50 in late trading after the company's stock closed with a 1.8 percent gain at $72.86 ahead of the report.
Four of Silicon Valley's largest 35 technology companies announced earnings Tuesday afternoon. In addition to Gilead, the 8th largest tech company in the Bay Area, Palo Alto software company VMware (18th), Sunnyvale networking company Juniper Networks (20th) and Sunnyvale medical-tech company Intuitive Surgical (35th) released their first quarter financial reports.
VMware reported net income of $199 million, or 46 cents a share, on sales of $1.36 billion, representing 14 percent growth in both metrics from the same quarter a year ago. The gains fit with VMware's performance in 2013, when the company boosted revenues 13.1 percent and profits by 35.9 percent, as the company's infrastructure offerings for cloud customers catch on. After initially rising in late trading following the report, VMware stock fell lower than $100 after closing with a 0.3 percent gain at $105.15.
Juniper reported profits of $110.6 million, or 22 cents a share, on revenues of $1.17 billion, a 10 percent revenues gain and 21.5 percent net income advance from the same quarter a year ago. New Juniper CEO Shaygan Kheradpir, who has announced a reorganization that will include a workforce reduction, called the performance "solid." Juniper stock dipped slightly after closing with a 1.9 percent gain at $25.89.
Intuitive Surgical announced earlier this month that its results would be disappointing, and Tuesday's report lived down to those expectations. The Sunnyvale medical robotics company, which recently received clearance for a new product, reported net income of $44.3 million, or $1.13 a share, on revenues of $464.7 million, a sales decline of 24 percent from the same quarter a year ago. Despite the advance warning, Intuitive Surgical shares still plunged after the report, falling near $391 after closing with a 2.7 percent advance at $422.33.
SV150 market report: Wall Street gains as Netflix, Tesla shoot higher
Stock indexes rose Tuesday thanks to a strong performance from Silicon Valley stocks, as Netflix jumped following its Monday earnings report and Tesla topped a strong day from Bay Area cleantech companies.
Netflix rose 7 percent to $372.90 Tuesday after announcing the previous afternoon that it will increase prices for new customers of its streaming service after surpassing $1 billion in quarterly revenues from the offering for the first time. Analysts were effusive in their praise of the Los Gatos video-on-demand company's report. "With international expansion firmly in place and profitability achieved ahead of expectations … and a $1-$2 price hike later this quarter, Netflix has gotten a lot more compelling," Cantor Fitzgerald analyst Youssef Squali wrote in a note. Potential rivals aren't scared of Netflix, though: AT&T announced a joint initiative that will pour $500 million into developing a rival service, joining Yahoo and Microsoft in recent efforts at new streaming services.
Tesla nearly matched Netflix's performance, gaining 7 percent to $218.64 after the first Model S deliveries in mainland China were celebrated on the ground by CEO Elon Musk, who discussed the company's plans for expansion in the world's most populous nation. The other three companies in the SV150's cleantech sector also had a sunny day on Wall Street: Solar panel manufacturer SunPower rose 6.7 percent to $29.37, solar installer SolarCity gained 6.6 percent to $60.91, and Silver Spring Networks moved 2.4 percent higher to $15.98. Cloud software companies also moved higher as a group Tuesday, after Morgan Stanley analyst Jennifer Swanson Lowe released a report publicizing a buying opportunity in the sector after recent weakness. Workday gained 4.4 percent to $81.37, NetSuite jumped 2.2 percent to $84.10 and Salesforce moved 1.7 percent higher to $57.08.
Google gained 1.1 percent to $545.50 as the Mountain View tech giant announced that it will begin offering app-install advertisements, matching a similar announcement from Twitter that arrived last week. Google did suffer a loss, however, as one of its top YouTube executives will reportedly depart his day-to-day operations. Apple moved 0.1 percent higher to $531.70 ahead of its Wednesday earnings report; the Cupertino tech giant's legal adversary, Samsung, disclosed in court Tuesday that Google agreed to insulate the Korean company from some of Apple's patent-infringement claims. Facebook, which will join Apple in announcing earnings Wednesday, gained 2.9 percent to $63.03, despite investors' bets against the Menlo Park company's stock. Rival Twitter fell 0.2 percent to $46.02 after announcing the launch of native advertisements on its biggest acquisition to date, MoPub, and the rollout of its redesign to all Web users.
Up: Netflix, Tesla, SunPower, SolarCity, Workday, AMD, Pandora, Facebook, Yelp, Zynga, Juniper, Gilead, Salesforce, SanDisk, Applied Materials, Google, Intuit, eBay
Down: Symantec, Yahoo, Hewlett-Packard, Intel, LinkedIn, Twitter
The SV150 index of Silicon Valley's largest tech companies: Up 11.84, or 0.86 percent, to 1,392.05
The tech-heavy Nasdaq composite index: Up 39.91, or 0.97 percent, to 4,161.46
The blue chip Dow Jones industrial average: Up 65.12, or 0.4 percent, to 16,514.37
And the widely watched Standard & Poor's 500 index: Up 7.66, or 0.41 percent, to 1,879.55
Check in weekday afternoons for the 60-Second Business Break, a summary of news from Mercury News staff writers, The Associated Press, Bloomberg News and other wire services. Contact Jeremy C. Owens at 408-920-5876; follow him at Twitter.com/jowens510.


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'Steel Curtain' sting yields six arrests
Six Beaumont scrap yards were busted by Beaumont Police after a six-month long undercover investigation discovered the businesses were buying illegal scrap metal, the Beaumont Police said in a statement released Aug. 1.
In what was called Operation Steel Curtain, members from Beaumont PD's Criminal Investigation Division and Special Assignment Unit and Street Crimes Unit conducted the investigation. Salvage Yard on Wheels, V.V. Recycling, Angels' Scrap, Commercial Metal Corporation, Wright's Scrap Recycling and Beaumont Iron & Metal Corporation were all cited for buying illegal metal. Salvage Yard on Wheels, Angel's Scrap Yard and Commercial Metal Corporation were temporarily closed after officers conducted inspections on the businesses. The investigation also led to six arrests, including five of those who had state jail felony warrants. According to Beaumont Police, During the undercover operation, these businesses purchased restricted items such as gravestone markers, City of Beaumont street signs, and City of Beaumont manhole covers as well as items marked with corporation names such as Entergy and AT&T. The metal being sold by undercover officers was valued at over $10,000. The businesses illegally purchasing the items paid approximately $1,000 for the restricted metal.


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With 10 partners and 15 other attorneys, our team has the reach, resources and vision to assist clients with their most important transactions and products. We have U.S. qualified attorneys and Japanese bengoshi who work seamlessly to provide integrated multi-jurisdictional advice on virtually all of the financing needs that our clients may have on domestic and cross-border matters.
Key areas of practice include:
Our senior lawyers have each been in Japan for many years and have a deep understanding of the market. We are also able to draw on the broad resources of our Tokyo office, which has the largest and most diverse practice of any international law firm in Japan.
Chambers Global 2018Japan: Banking & Finance: Domestic (Band 2)Japan: Banking & Finance: International
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"The Tokyo office has a large and experienced bengoshi group and it is comfortable working with multinational clients and US public companies" (IFLR1000, 2011)
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Date(s) - 10/15/2019
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Re-Thinking Pork Bellies. Why There are No Commodity Clouds, Only Commodity Thinkers.
For a while now, I've been bothered with the word commodity. Like legacy, greenfield, there are value judgements implicit in the words. When we apply them to technology adoption, they serve as marketing oars to rock the new tech boat, but are not useful when you need a fish for dinner.
And this article on the NYSE community cloud is a great example of why there are no commodity clouds.
The NYSE's community cloud platform is design to ensure that its customers are treated fairly, and it ensures them that the maximum latency that any user will experience in this data center is 70 microseconds (one millionth of a second) round-trip for any message, O'Sullivan said.
"We guarantee that nobody will have an advantage on the network," said O'Sullivan. "It's designed to be a level playing field for trading.
Basically, this compute service comes with a latency service level and a promise that no one gets better latency, thus ensuring a level playing field for traders.
So it's "level-playing-field-as-a-service;" which is right and ridiculous. Right because that's the differentiators; ridiculous that I have to pull the *aaS to describe what before I would have simply called "service."
There was a time when coffee was called a commodity, then Howard Schultz of Starbucks came along, and Peet's came along, and next, we are all paying $5 for coffee.
Even frozen pork bellies are not commodities anymore. You might remember this quote:
"Pork bellies! I have a hunch something exciting is going to happen"
But as you see from the link, even pork bellies are not commodities anymore in the trading markets.
And then again, pork bellies are not commodities according to chef Michael Mina–it's now branded, locally-grown, organic and … sexy. Pork bellies. Sexy.
So you can see why I might think clouds are far, far from being commodities like pork bellies. Which are not commodities anymore.
As for x86 being a commodity? I don't see Intel suffering. Don't confuse platform with commodity.
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Moving to SLC first of September. What are the first day trips I should take? Doing 350-500 in a day would not scare me.
Moving to SLC first of September. What are the first day trips I should take? Doing 350-500 in a day would not scare me.
Just about any roads which are red, green or blue on the state map are good roads to check out. Only a small handful of state routes might be dirt or poor shape, even then, I been on them with a street bike and tires.
Direct link to the official state map: http://www.udot.utah.gov/main/uconow...63328019277451
When I moved to SLC back in the 80's, I just started around the local area and progress further and further every trip out. Seen interesting side roads and made it a point to investigate when time allowed. Many and most of the paved road I have hit many times and still enjoy the ride. I also been on most of the major dirt roads within the state, great scenery for sure in the state.
So far this year, I got over 16k on the bikes and only been out of the state twice. Just haven't felt the need to travel further. I will admit most of my rides are day runs, long day, but still completed in 1 day.
Larry S
Utah driven
2003 K1200RS (sold), 1988 K100LT (sold)
Some additional good links for Utah exploring:
http://www.visitutah.com/ (order free travel guides)
Larry S
Utah driven
2003 K1200RS (sold), 1988 K100LT (sold)
Utah has the most scenic byways of just about all the states, period. Any direction gets you good stuff. Some of my favorites; US12 from Bryce to Capital Reef NPs., Moab US191S and back W. through SE Utah. Cedar Breaks NMon. and Zion NP.. Arches and Canyonlands NPs(Moab again). You just cannot go wrong in that state. Vernal and Flaming Gorge and Dinosaurs everywhere in NE Utah. Nice. Great Basin NP(our newest NP) to your West near Nevada. Its just a WOW state. Only downside is BMW closed its doors in SLC. Randy
Wifey already there and has visited a BMW dealer. So perhaps there were 2 dealers? I am looking forward to hitting all the national parks.
There is one in Sandy, UT. (south end of salt lake)
"All my life I wanted to be somebody. Now I realize I should have been more specific."
Ogden highway 39 to Woodruff. North to Garden City (stop for shakes). Back to Logan via 89. Nice way to kill a day.
There are a bunch of other great riding roads to blast on in Utah, but you will have to have the secret decoder ring to sort them out from the Utah map posted earlier.
Really, for starters, just head out and pick a direction. Figure out about a halfway point without doing a U turn and head back. Up to you if this is a morning run, one day ride or an adventure.
Some quick thoughts:
Right out of SLC, Utah 65 to Henefer.
Little east, Mirror Lake highway (Utah 150) to Evanston, WY, 10'k pass
Just south of that, (Utah 35) to Duchesne, 10'k pass (one of my favorites, usually no traffic)
East with a N-S run (US 191) from Flaming Gorge to Mexican Water, AZ ( don't stop on either side, great road to investigate in AZ and WY)
South of Spanish Fork, East from Fairview to Huntington, (Utah 31), this is my favorite close to home road, always try to take it in bypassing US 6 from Price to Spanish Fork. Well worth the 30 minutes longer it takes. Another 10'k pass, again usually hardly any traffic.
I70 from exit 91 to 157, goes through some best scenery in Utah on the interstate, San Rafael Swell.
I70 south at exit 91 on Utah 72, another great secret road, wide open with lots of turns, some sharp, some sweeping, 9'k pass. Near the south end of this take Utah 25 and head up to another 10'k pass and visit Fish Lake.
So far I only listed some of the rides to take on a day run from SLC as a base.
Mix and match, determine what your seat is ready for. and all of these are paved adventures. I do not even have the time to start listing dirt rides local to SLC.
Another feature of Utah, one can ride in the desert roads in the fall, winter or spring while the mountain passes are snowed in and just the opposite when summer is hitting 100+, time to head for the passes.
Larry S
Utah driven
2003 K1200RS (sold), 1988 K100LT (sold)
Looking forward to it all. See ya on the roads by middle of the month. I'll be the one on the really fast GTL. Oh wait, they are all fast. Well I will be the fast one with the good looking wife on the back. Oh wait, she will have a helmet on. Well there will be two of us on a Silver GTL all the same. Look for the LOST sticker on the back, that's us.


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God: The Failed Hypothesis : how Science Shows that God Does Not Exist
Prometheus Books, 2007 - Religion - 294 pages
Throughout history, arguments for and against the existence of God have been largely confined to philosophy and theology, while science has sat on the sidelines. Despite the fact that science has revolutionized every aspect of human life and greatly clarified our understanding of the world, somehow the notion has arisen that it has nothing to say about the possibility of a supreme being, which much of humanity worships as the source of all reality. This physicist and author contends that, if God exists, some evidence for this existence should be detectable by scientific means, especially considering the central role that God is alleged to play in the operation of the universe and the lives of humans. Treating the traditional God concept, as conventionally presented in the Judeo-Christian and Islamic traditions, like any other scientific hypothesis, Stenger examines all of the claims made for God's existence. He considers the latest Intelligent Design arguments as evidence of God's influence in biology. He looks at human behavior for evidence of immaterial souls and the possible effects of prayer. He discusses the findings of physics and astronomy in weighing the suggestions that the universe is the work of a creator and that humans are God's special creation. After evaluating all the scientific evidence, Stenger concludes that beyond a reasonable doubt the universe and life appear exactly as we might expect if there were no God.
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LibraryThing ReviewUser Review - scottcholstad - www.librarything.com
Wow! In reading through the various reviews of this book, which has a near-4 rating, it's incredibly funny and predictable how the fundies and other bible thumpers try to attack Stenger -- who ... Read full review
LibraryThing ReviewUser Review - Michael_Rose - LibraryThing
He goes further than most atheists go in his assessments. Generally, "god" is considered unfalsifiable, and the lack of belief comes largely from the lack of scientific (physical) evidence, or from ... Read full review
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Ahead of the eagerly awaited spring 2013 GTA V UK release date, retail giant Tesco has offered further details on the upcoming title with a more precise March 12 launch tipped alongside a £30 GTA V price tag.
Kicking the retail price wars off months ahead of the game's eventual release, supermarket behemoth Tesco has slashed the price of its GTA V pre-orders with the original £40 price tag cut considerably thanks to a £10 off Savvy Gamer discount code.
Despite publisher Rockstar having yet to offer a more conclusive GTA V release date than 'spring 2013', Tesco has listed the game with a claimed March 12 arrival, a launch that would see the game play host to a high-profile mid-week release. As one of the biggest gaming releases of the year, it is expected that any March 12 GTA V release date will be accompanied by nationwide midnight retailer openings.
Looking to undercut the competition and capitalise on the high GTA V pre-order demand, Tesco is offering the latest addition to the iconic Grand Theft Auto gaming franchise for just £30 when ordered using the latest Savvy Gamer voucher code, "TDX-RJMW". What's more, the retailer has promised that should it lower its prices further ahead of the GTA V release date, it will refund customers the difference.
Set to be launched for Xbox 360 and PS3 gamers in the coming months, publisher Rockstar earlier this week confirmed that it had yet to rule out the possibility of GTA V Wii U and GTA V PC releases stating "everything else is up for consideration."
Speaking on the upcoming GTA V release date and the possible platforms the game could launch for, Rockstar Vice President Dan Houser added: "We are a third-party publisher. We're not Nintendo, we're not Sony, we're not Microsoft. We love all of them in different ways. But we can do what we want wherever there's the appropriate business opportunity and chance to find a market.
"If that's on Apple we put something on Apple. Wherever it might be. I think that's the fun in what we do. We see ourselves as a content company that uses technology. We don't make it; we use it to make the most fun stuff."
Are you planning on snapping up GTA V ahead of its possible March 12 release? Does Tesco's reduced £30 pre-order price have you tempted? Let us know via the Trusted Reviews Twitter and Facebook feeds or through the comments boxes below.


text: The Athena collection offers so many different options at a reasonable price point. You are sure to find the right piece for you home within Athena as the sky is the limit. Athena is Tufted and Bound in the USA of 100% Wool the border options vary based on your selection.Material: 100% Natural Wool Rug with Latex Backing


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Hello :)
I still haven't cleaned off my desk and it was on my to do list this past weekend.
Oh well....there's always next weekend, right?
Since I still had the Vertical Greetings II from MFT out I thought the Mojo242 sketch was perfect for the long die shape.
Flower was created with the MFT Upsy Daisy Die.
Thanks for stopping by today!


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When I was superintendent of schools in Groton, I would often have heart-to-heart talks with young people diagnosed with attention deficit hyperactivity disorder, or ADHD. Too often, our educational systems give these students the impression they can't achieve because of their condition. I had to tell them that attitude wouldn't fly. Not in my district.
I have more reason than most to envision success for these students. In 2007, I was diagnosed with ADHD and bipolar disorder. I'm Exhibit A that you can face what some might see as a limitation and still blaze a trail in this world; I've been in management roles in urban and suburban public school districts for 16 years.
"I've got the same thing you have," I would tell these students.
I was dismissed as superintendent, wrongly I believe, in March after a few people expressed concerns about my management style, much of which could be explained by my disability.
Although I am challenging my removal in several legal venues, I also understand that my intentions may have been misinterpreted because of certain aspects of my conditions. That's unfortunate but all too common.
I am convinced that my ADHD and bipolar actually contributed to my successes in Groton and that people with these conditions should be celebrated, not discriminated against, in the workplace. Many creative thinkers in business have these disorders.
And we were succeeding in Groton. For the almost four years I was superintendent beginning in December 2008, I controlled costs and raised test scores. We were one of fewer than 10 Connecticut districts to have no increase in budget for three years while still improving student achievement, according to state and district data. We upgraded most kindergartners to full-day learning, we had no layoffs of staff and we brought significant technology into classrooms.
Compare our results to those since I was put on administrative leave last year. This past February, the Groton Board of Education increased its budget while cutting 25 percent of paraprofessionals and more than a dozen teachers for the new school year.
I believe my conditions help me do my job. Why would I say that rather than chalking it up to sheer intelligence?
My bipolar diagnosis is in the "manic spectrum," meaning I'm typically more in a "high" than "low" mood. This means I tend to envision opportunities — I see that things can be done that others may have a more difficult time imagining.
For example, when everyone thought we wouldn't be able to get by without layoffs, I figured out a system of voluntary early retirement over two years that allowed employees to keep their jobs and required no cuts in service. I also developed a schedule to foster student growth by increasing teacher collaboration time and grouping students based on academic needs, without increasing costs.
My ADHD fuels my creativity and allows me to analyze situations quickly. But best of all, having these disorders means I can relate to many of my students because a lot of them have similar diagnoses. Nine percent of U.S. adolescents have ADHD, according to the American Psychiatric Association. While many people have advised me not to talk about my disability because of ongoing prejudice, I do so because it helps these students feel more comfortable with these naturally occurring conditions.
My disorders, for which I take medication, mean I talk fast and loud, jump around agendas, ask a lot of questions and pace constantly. My eyes wander when I talk to people. I express emotions impulsively. These are the realities of ADHD that many students in schools and adults in the workforce face daily, potentially leading them to be judged unfairly.
I understand that my passion for our mission in Groton and pride in our accomplishments, combined with a forceful personality, could be misconstrued as arrogance. Yet, although it took extraordinary effort, skill and vision to achieve such strong results, these other special "qualities" that I — and millions of other Americans — are grappling with also contributed.
And there's no reason to keep that a secret.
Paul J. Kadri is the former superintendent of schools in Groton.


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Q&A with Liz LaPlante
Related Links
Heading into Saturday's West Regional match against Cal Poly
Q�Does your routine as a coach change as the regular season ends and the postseason starts up?
LAPLANTE�The routine doesn't really change. Just want to make sure everyone stays healthy. A few players have injuries so we just have to make sure they are not overdoing it, but still doing enough to be ready
Q�What attitude does this year's team have heading into the NCAA Division II West Regional?
LAPLANTE�With so many freshmen, they are excited and I hope they realize the importance and significance of their accomplishment. They have been working hard and I'm trying to keep them focused. We know we have to beat
Q�You have beaten Cal Poly
LAPLANTE�I make sure they know that no team can be taken lightly since anyone can have a great day or a bad day. CPP has some good players with a lot of potential and since they have nothing to lose, they can come in a little more relaxed
Q�With Saturday's match being played on the UCSD campus, do you see a noticeable home court advantage in tennis?
LAPLANTE�It's definitely easier to play at home just because of the fan support and we're so used to our courts and the environment.
Q� When someone brings up the streak of 48 consecutive league matches won, what is your favorite topic of conversation to switch to?
LAPLANTE�We are proud of that streak, but it's the NCAA postseason play that has the most significance and where we get to compete against the tougher competition.
Q�What do you feel are the pros and cons of coaching a team of almost half freshmen?
LAPLANTE�I've never had a stronger or more talented group of freshmen and it's been great to see their progress, their improvement, the friendships that have evolved and how close they have become as a team. It was a little challenging in the beginning just getting everyone to bond and get to know one another, but it's amazing how quickly they all came together and obviously with a small team of 15 it's a lot easier for this to happen.
Q� In all of the road trips you've taken to compete in tennis matches, what has been your favorite destination?
Q�Over your 29 years as UCSD head coach, what is your favorite way to celebrate a big victory? Also, how do you free your mind of a frustrating defeat?
LAPLANTE�I celebrate by seeing how happy the team is and hoping that I've played a part in making it happen. On the other hand I take the losses personally wondering what I could have done better to get the team prepared
Q�Molly Sullens and Justine Ang Fonte are both playing in their final matches as Tritons this postseason. Can you talk a little bit about coaching them and their success as student-athletes?
LAPLANTE�It has been so great to have them on the team all four years. They have played a significant part in our success and I will really miss them. Both of them are so competitive and have worked extremely hard, and been great examples to this year's team. Justine was team captain and made it her mission to make sure the freshmen understood the importance of team unity for our success and it all wouldn't have come together without her.
Previous Q&A ArticlesSydney Gstettenbauer (Women's Water Polo) April 22, 2008
Sarah Hendy (Women's Track and Field) April 17, 2008
Eric Leserman (Men's Volleyball) April 9, 2008
Danielle Lukk (Softball) April 4, 2008
Chris Franco (Baseball) March 24, 2008
Dan Perdew (Swimming) March 18, 2008
Evan Hsiao (Swimming) March 9, 2008Eric Rubens (Men's Tennis) February 27, 2008
Melissa Ward (Softball) February 20, 2008
Cameron Sprowles (Fencing) February 13, 2008
Kim Hockett (Women's Water Polo) February 6, 2008
Trevor Decker (Baseball) January 31, 2008
Jordan Lawley (Men's Basketball) January 23, 2008
Jason Spangler (Men's Volleyball) January 5, 2008
Andrew Skewes (Men's Diving) December 26, 2007
Alexis Gaskin (Women's Basketball) December 17, 2007
Aubrey Panis (Women's Swimming) December 2, 2007
Andrew Hatch (Men's Basketball) November 26, 2007
Kevin Klein (Men's Cross Country) November 12, 2007
Kim Adams (Women's Volleyball) November 7, 2007
Ben Miller (Men's Water Polo) October 31, 2007
Alie Avina (Women's Soccer) October 19, 2007
Charity Elliott (Women's Basketball Head Coach) October 15, 2007
Jason Le (Men's Soccer ) October 3, 2007
Rebecca Bailey (Women's Volleyball) September 18, 2007
Amanda Burkhardt (Women's Cross Country) September 10, 2007


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Apparent Cast Confirmation Thus far:Tribes are Espada (Blue and means sword) and La Flor (Yellow and means flower) and are divised in groups of 10 based on age. Older vs YoungerEspada Contestants Confirmed:Holly Hoffman, 44, Pageant Director, MarylandJimmy Tarantino, 42, Lobster Fisherman, MassachusettsJimmy Johnson, 67, Former Cowboys Coach, FloridaBill Cisco, 54, IT Consultant, TennesseeLa Flor Contestants Confirmed:Fabio (model), 20s, CaliforniaStrong white male (James-ish), 30, State unknownand Jeff Troxell and an african-american girl by the name of Marquetta may also be there!
Wow! Jimmy Johnson! I hope he is in great condition for this. Thanks Mug and Kiwi! Good job!
Very true. I was disgusted when I first heard that Fiji only had one real applicant. This is definitely a step in the right direction though. It does make me miss the days when EVERYONE was a real applicant...
Quote from: MugCostanza on July 26, 2010, 09:13:33 PMVery true. I was disgusted when I first heard that Fiji only had one real applicant. This is definitely a step in the right direction though. It does make me miss the days when EVERYONE was a real applicant...You mean we had a season of Survivor in Fiji? *sarcasm*Ooops, that season was so forgettable.
Somehow I don't really like the idea of old vs. young. It's a novel and interesting concept, but unless they're gonna cast some real physical older people, I can foresee the young people dominating challenge after challenge and it'll defeat the whole purpose of the game. Well, unless the challenges are not so physical this time. Either way, I guess it'll be cool to see how it all plays out. It'd better be a good season!
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THE MEMPHIS/EASTERN Middling (Memphis) quote was dropped from the A Index on Nov. 20. The A Index is a proxy for the world price of cotton. Each business day, Cotlook, Ltd. ranks various growths of cotton from different countries. The lowest five quotations are averaged to derive the Cotlook A Index. The Memphis quote had been included in the index since the beginning of the 2001 crop year.
Prior to its elimination, the Memphis quote had been listed as nominal for 25 consecutive days. The elimination of the Memphis quote seems to reflect the concerns of many merchants regarding the availability of Middling 1 3/32 cotton from the Memphis territory. The concerns are largely due to the extremely wet weather during much of the harvest season.
Because the Memphis quote has been dropped, the California/Arizona Middling quote will now be used to determine Step 2 payments. On average, the California/Arizona Middling quote tends to be higher than the Memphis quote, resulting in a higher Step 2 payment.