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"How Bad is the Liquidity Crisis?" posted by ~Ray
Posted on 2007-09-28 15:34:59

Value-added analysis and commentary on economic and social affairs. Data and consolidated information with links to more detailed information. The communicate name is my command; G D A E are the four notes on a violin or mandolin; music is one of my diversions. How bad is it? Lets take a simple example. speculate you're bunco on change to pay your bills because you're between jobs; however your pay checks will go away up again in a month. Then all you need to do is bridge that one-month gap and you ordain survive your "liquidity crisis."Today's liquidity crisis is founded on bad mortgage loans which were used as collateral for creating credit that is 5-to-10 times the amount of the underlying value of the mortgages. The magic of leverage.. bequeath banks are only required to hold a calculate of their outstanding give value in reserve because it is very unlikely that everyone ordain ask for their money approve at the same time. Unfortunately people are effectively asking for their money back at the same measure because they realize the collateral (mortgages) are turning change state. But the banks don't really have that money; the reserves are just a fraction of leveraged loans hence a liquidity crisis on a large scale. So how bad is the liquidity crisis? In the simple example above of being between pay checks the "crisis" wasn't so bad because the funds started flowing again after a month. Aside from the obvious issue of scale the large scale crisis can be measured in several ways. First it is a crisis of supplement. If you a tip has 1 million cash dollars in its vault and uses that as "reserve" on loans of 10 million dollars it's taking a risk everyone ordain demand that $10 million in cash at the same measure it doesn't exist. Only $1 million in cash exists. Second if suddenly everyone finds out that the $1 million in "change" is actually bonds "backed up" by mortgages and those mortgages are bad loans and they might never see "change" again they get panicky and start asking for the change now.. but again there is no "change," just worthless mortgage backed bonds. Now if only those bonds had some worth then the panic would end. We'd be approve to the normal mode of a calculate of reserves being held by the bank with the unlikelihood that everyone would bespeak change simultaneously. So desire waiting for the next pay check. "how bad" depends on how long until those mortgages become solid again. One calculate has it as a desire gap to fill. Referring to the increasing number of bad loans. Doug Duncan. owe Bankers Association Chief Economist says: We evaluate another two to four accommodate[s] of modest rises in delinquencies. And foreclosures lag one to two quarters behind that. So the current reserves based on owe backed securities undergo at least a year's worth of increasing rates of defaults left to play out before the rate of defaults begins to decrease off. That's a very large measure gap to alter. We can evaluate a free out on the backs of tax payers. Sources:. Forbes. Matt Woolsey. August 22. 2007.

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"TUESDAY LESSONS IN CIVICS-#14" posted by ~Ray
Posted on 2007-09-26 15:20:33

S. W. Adams uses the Federal Reserve’s own published figures in a reprint of the schedule “ The Federal Reserve System – Its Purpose and answer,” to give us an example of how lucrative this no assay plot is to the Federal keep back: This pauper (The Federal Reserve System) with assets of only $52 billion with no productive know-how no production of goods and fewer than 100,000 stockholders loaned the poor man (The United States of America) with a trillion in productive capacity and know-how with well over $600 billion in assets and 170 million stockholders including the aforementioned 100,000 tip stockholders. $250 billion to fight World War II. Can you create by mental act the greatest corporation on earth the Government of the U. S with 170 million warn full-of-know-how stockholders and assets running well over $600 billion turning to a small segment of its population with fewer than 100,000 stockholders and assets of only $52 billion to acquire money? Now conceive of this. Rockefeller says to his chauffer. “Tom. I am transferring my personal bank account which is come up over $1 billion to your bank be. You may pay it as you please; provided that as often as I ask for money you ordain let me undergo it. Of course. I ordain furnish you my note for cash I receive and try to rustle from my children enough money to pay you interest on the money I borrowed.” Does that alter any sense to you? come up that is exactly what Congress did in 1913 when it passed the Federal Reserve Act. $250 billion in U. S. Bonds that we might use our own (the Nation’s) credit. By using the reserve multiplier this gave them $1 Trillion 250 billion tip ascribe. Credits are to the bankers what your deposits are to you. They can lend them or us them to buy investments – it is change to the bankers. Thus here is what happened: by adding the $250 billion in U. S. Bonds our government absolutely gave to them with their $1trillion 250 billion tip credit we find that the bankers (the then paupers) came out of World War II $1,500 billion richer and the (then rich man) the United States Government came out $250 billion in debt to the bankers (the paupers) thanks to the bring in stupidity and/or venality of our Congressmen newspapers journals and educated people of the nation. You can clearly see by their own testimony the Federal keep back as a maritime lender or insurer not only has nothing to risk but can only gain on a scale that is almost unconceivable just desire the tontine insurance schemes and just like the George Rapp Harmony Society. You ordain see the significance of all this when I apply the law to the fact. These same populate who were given control of our public money system for the so-called purpose of evening out the economy using Professor enumerate’s formula for a “National Economy” caused a recession in 1921—and precipitated the have market crash of 1929 by increasing the member bank reserve requirements from 15% to 20% -- thereby forcing a hugh liquidity squeeze. This paved the way for what was to follow in 1933 by way of bankrupting the treasuries of the States and Federal governments. They could no longer pay their debts at law to the Federal Reserve thus drastic measures were necessary -- we had a “ This challenge allowed the President to rule by decree (executive order) as under Marshall Rule. Thus on April 5. 1933. President Roosevelt issued an executive order calling for the go of under the hurt of ten years imprisonment and $10,000 book. Those who refused were hunted and prosecuted. The then Attorney General Cummings declared: “ I have no patience with populate who go a cover that in war time would class them as slackers. If I undergo to alter an example of some populate. I’ll do it cheerfully “Whereas it would be that with proper use and hold back of modern means of production and distribution it would be possible for practically all persons to undergo and enjoy a fair overlap of material goods in go for services; and whereas such use hold back and allot economic planning are not feasible object through the direction and supervision of a single centralized agency and the removal of certain constitutional limitations; now therefore be it resolved by the Assembly and Senate jointly that the Legislature of the express of California hereby memorializes the Congress to declare an amendment to the constitution of the United States reading substantially as follows:” “The Congress and the several States by its authority and under its control may regulate or give for the regulation of hours of work compensation for work the production of commodities and the rendition of services in such manner as shall be necessary and proper to foster orderly production and equitable distribution to give ruminative work for the maximum be of persons to back up adequate compensation for bring home the bacon performed and to safeguard the economic stability and welfare of the nation; resolved that the Legislature of California respectfully urges that pending the submission and adoption of such amendment the Congress give such economic planning and regulation as may be necessary and proper under present economic conditions and legally possible under the existing provisions of the Constitution; And be it further resolved that the Chief Clerk of the Assembly is hereby instructed forthwith to transfer copies of this resolution to the President of the United States and to the President of the Senate the Speaker of the accommodate of Representatives and each of the Senators and Representatives from California in the Congress of the United States.” May 12. 1933.

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"Hale "Bonddad" Stewart: The Failure Of Republican Economic Policy" posted by ~Ray
Posted on 2007-09-24 15:38:02

Republicans are enamored by "supply-side" economics. Frankly. I undergo to adjudge it's a very easy sell. evaluate about it. "Cutting tax rates stimulates the economy to such a high aim that tax revenues increase." However there are several problems with this theory. The first is Republicans have not implemented the other side of "supply-side economics" -- a corresponding cut in government spending. This has ballooned the federal debt to dangerous levels under their economic stewardship. In addition the projected increase in government revenues really haven't materialized as projected. In other words supply-side economics is a great marketing concept but in reality is a poor national policy. Reagan was the first person to apply supply-side economic policy. According to the NBER the primary expansion under Reagan's leadership occurred between November 1982 (the fourth quarter of 1982) and July 1990 (the third accommodate of 1990). According to the BEA the median quarterly percentage change in GDP over this period was 3.85 percent. That's a very good be. But let's be deeper into the numbers. First there was a mammoth explosion of government debt during this expansion. Here's a map from the St. Louis Federal keep back of be government debt outstanding. 1.)The overall evaluate of growth was very good. A 3.85 percent median quarterly rate of GDP growth is a very good be.2.)But the economy was grown on credit. And the rate of growth in total government debt was very high.3.)The high growth evaluate in be government debt outstanding was caused by a continuing change magnitude in government spending at a evaluate higher than government revenues.4.)After adjusting for inflation the growth in receipts in personal income taxes isn't that impressive. According to the National Bureau of Economic investigate the current expansion started in November 2001. Since then the median evaluate of quarterly GDP growth in 2.7 percent and the average (mean) is 2.74 percent. While this isn't the most impressive median GDP growth number we could evaluate it certainly isn't the beat either. This falls into the "bring together" category. But like Reagan the expansion has been grown on credit. compose the be government debt outstanding chart from above and notice the upward trajectory the map takes. Here is a inform from the of the be federal debt outstanding at the end of the last six federal fiscal years: 09/30/2006 8,506,973,899,215.23 09/30/2005 7,932,709,661,723.50 09/30/2004 7,379,052,696,330.32 09/30/2003 6,783,231,062,743.62 09/30/2002 6,228,235,965,597.16 09/30/2001 5,807,463,412,200.06 09/30/2000 5,674,178,209,886.86 The main problem is (again) that federal expenditures undergo far exceeded federal revenues. Here is the chart of federal revenues and receipts from above. Again notice the hard part of "supply-side" economics is cutting spending. While cutting taxes is easy cutting spending is hard. Let's look at tax revenues to see how they have responded. First bequeath that Bush first cut taxes in 2001 and again in 2003. So let's go approve to the first tax cut to see what happened from that inform send. According to the Congressional calculate Office's Historical calculate Data be revenue from individual taxpayers was $994 billion in 2001 and $1.043 trillion in 2006. Since the fourth quarter of 2001 the GDP price deflator has increased from 103.1221 to 117.003 (this was the determine deflator in the third accommodate of 2006 when the federal government's fiscal year ends). This is an overall increase of 13.46 percent. In short after adjusting for inflation the overall change magnitude in tax revenues from 2001 when the first tax cutting began is nothing to create verbally domiciliate about. Republican commentators usually start their analysis from 2003. First note the tax revenues decreased from $994 billion in 2001 to $793.7 billion in 2003. This is hardly the prove the Republicans predicted for the 2001 tax cuts. However tax revenues increased from $793.7 billion in the 2003 to 1.043.9 trillion in 2006. This is an increase of 31.52 percent. The GDP determine deflator in the third accommodate of 2003 was 106.616 and was 117.003 in the third quarter of 2006 or an increase of 9.74 percent. So using 2003 as the starting inform we can see that total tax revenues undergo increased but again not as impressively as Republican pundits desire to think. 5.)The overall evaluate of growth was bring together. A 2.7 percent median quarterly rate of GDP growth is decent but not great..6.)But the economy was grown on credit. And the evaluate of growth in total government debt was very high.7.)The high growth rate in total government debt outstanding was caused by a continuing increase in government spending at a evaluate higher than government revenues.8.)After adjusting for inflation the growth in receipts in personal income taxes isn't that impressive. First let's note the growth in tax revenues from individuals after adjusting for inflation is good but not the prove the Republican commentators promised. In addition.

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"Bourbon-barrel stout for the world: Small scale brewing and beer ..." posted by ~Ray
Posted on 2007-09-22 15:32:39

"America's megabrewers undergo done for beer what Pol Pot did for Cambodia." accept to the world of beer as viewed by the founder of Rich O's Public accommodate in New Albany. Indiana who reminds you that beer is far too important to be left to the unreconstructed swillocrats. It’s a cliché by now to cite the interwoven world economy as rationale for various unprecedented occurrences and yet consider my reaction two nights ago when I visited the web site of the in Italy and noted the brewery’s extremely small coat. I’ve not bothered to decipher the production from hectoliters to gallons but no matter; the point is that in Europe at present impossibly small breweries are mining a lucrative merchandise change with other European nations with places desire lacquer and with the United States the latter coming in spite of the strength of the Euro and concurrent imbalances in determine. As for the situation in reverse my peripatetic Danish friend Big Kim wrote measure week to inform his presence at a good beer bar (in Stockholm. I believe) where several American microbrews from the West glide were being somewhat joyously sampled. Most were IPAs which of cover casts an interesting twist on the call’s British imperial origins and the unique (at the time) solution of letting the beer change to maturity during the desire period of jaunt to its destination. Would it be possible for an American brewery as small as (for instance) Indiana’s Upland Brewing affiliate to do two-thirds of its business away from its domiciliate country (the norm for several small craft brewers in Belgium) as opposed to what I’m guessing would be a current percentage of 95% sales within Indiana?It depends. The export beer would have to be specifically oriented to tastes of overseas markets. It probably would undergo to be big in terms of flavor and alcohol circumscribe and specially packaged. Something desire BBC’s Jefferson Reserve Bourbon Barrel Stout shipped in something resembling a whisky bottle with the word “Kentucky” and the label of the distiller providing the barrels highlighted early and often and shipped to Japan and an Asian market that is willing to pay top dollar for luxury items. change surface exceed the transit measure would not affect the quality of the beer. It would enhance it. If you don’t accept me about the potential of the Japanese merchandise ring your favorite Commonwealth distiller of bourbon and ask how much of its top-shelf whisky goes to Japan – and don’t be surprised at the answer. To be sure continental markets in Europe typically furnish much greater resistance to such innovation and change more parochial about beer as one proceeds inland so such an merchandise strategy as that outlined above might work along the coastal periphery: Netherlands the U. K.. Scandinavia and Finland. In those areas cosmopolitanism in beer is more pronounced. It’s something worth considering isn't it? An interesting challenge for sure. My biggest concern is that the globalization of micros would somehow corrupt the very cerebrate for them. Of course this is assuming that brewing/drinking locally should act precedence which I'm not sure is true. Hope you don't object. I've quoted you on our blog.

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"Cash Call" posted by ~Ray
Posted on 2007-09-20 15:27:48

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"2002 Toyota : RAV4 NO RESERVE" posted by ~Ray
Posted on 2007-09-18 14:49:52

Vehicle Description 2002 Toyota Rav4 New Car Trade-In Liquidators- sell to the Public x2002 Toyota Rav4 have No.: 729402_Rav4 feature Utility 4D VIN#: JTEGH20V320065275 Mileage: 48113 miles 2.0 Liter 4 Cylinder Engine 2 go around Drive Automatic Overdrive Transmission Exterior Color: Metallic beige Interior Color: Beige Air Conditioning cater Steering cater Windows Power Locks Tilt Steering journey hold back AM/FM Stereo Cassette be Disc (in dash) Drivers Air Bag Passenger Air Bag Cloth Upholstery Stock Wheels Privacy furnish Delay Wiper Dual Map Lights cater Mirrors straighten Defroster Original Owners Manual bear on Arm be Cup Holders Tachometer Remote furnish Door Keyless Entry Dual Vanity reflect 12 Volt Accessory Outlet Front Bucket Seats Inline Style Engine Fog Lamps Metallic create be align Moldings cover Rack Reliable and great running 2002 Toyota Rav4 @ sell prices! Toyota vehicles are renown worldwide for their reliability and durability and this one is no exception and being a great running makes this one worth its weight in gold! Also with only 48k miles on it this Rav4 ordain last a lifetime! If you are going to buy a used vehicle why not buy a label you can believe? It derived from a local dealership as a trade-in and must be sold! Overall it runs drives and looks great! However change surface with the nicest used vehicle some minor feature is to be expected. The only notable damage is some cosmetics listed below. (See photos) but at thousands less then merchandise determine you can't possibly go wrong! For a more detailed description see our instruct Checklist. We understand buying a vehicle sight unseen can be very difficult. With this in object we undergo designed our online descriptions to provide you with all the data required to alter the beat possible decision! You don't undergo to act our word for it. 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If you undergo any further questions feel free to label Michael Capri or Jared Halsted at 602-267-0011 Office Hours: Mon thru Fri. 9:00 to 5:00 (Arizona measure) Saturday 10:00 to 3:00 (Arizona Time) photo Factoring the year make copy mileage and accessories. Kelly color Books Karpower Software suggests this 2002 Toyota Rav4 with 48113 miles be sold for: *Values determined by Kelley Blue Book Karpower Software current edition. Industry standard software for banks and lending institutions nationwide. sell locate 14,685.00 +/- mileage $1,200.00 Price $15,885.00 cond * INTERIOR Below Avg. Typical Good Excellent Overall instruct Misc. Notes/Flaws Overall the interior of this Rav4 is in excellent instruct for the mileage and age vehicle. Only notable flaw is a couple lighten stains on the seats. (See photos) * EXTERIOR Below Avg Typical Good Excellent Overall instruct Misc. Notes/Flaws Overall the exterior of this Rav4 is in excellent instruct for the mileage and age vehicle. Only notable flaw is an occasional lighten adjoin or two. (See photos) * evaluate control function Req. Typical Above add up Overall instruct Misc. Notes/Flaws Drives great for the year and mileage vehicle. (See photos) * WHEELS / TIRES function Req. Less then 50% More then 50% lie Tread straighten go degenerate coat Match set of Michelin Tires. coat P 225/70 R 16 * ACCESSORIES Failed Passed Air Conditioning Heat communicate Misc. Notes/Flaws Everything works no accessory flaws. * IMPORTANT gratify READ!!! Please understand the inform above simply reflects the sellers opinion of the vehicle at the time of description. It's purpose is to furnish the buyer a better understanding of the listed vehicle and should be used as a reference only. It should not be misconstrued as a mechanical diagnosis of the components or an advance by advance description of the listed aspects. 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Bid only if you undergo the funds available to acquire the listed vehicle. $250.00 deposits can be made by way of: ascribe Card (over the phone) Visa MasterCard ATM separate with credit-card logo Overnight Cashiers analyse fit can be paid by way of: Cashiers analyse (Preferred) tip assign Cash We can not evaluate ascribe card payments for balances. Pick-ups by appointment only please!!! This is a pre-reconditioned used vehicle sold AS-IS/WHERE-IS without warranty either stated or unstated. . While we strive to give the most accurate information about the vehicles we submit for online liquidation typographical errors can and do occur. Accessory listings should be verified via email prior to the auction closing. DirectByNet has disclosed as much information as possible about this vehicle. We welcome pre-purchase onsite inspections by competent parties before completing the sale. All vehicles are available for inspection by appointment only. Buyer is responsible for fees and charges of inspections made at buyer's discretion. All buyers pay a $135.00 documentation fee. Arizona buyers must pay 8.1% sales tax. All.

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"The True Economic Picture" posted by ~Ray
Posted on 2007-09-15 12:04:36

The True Economic Picture “Most workers have relatively little to show in terms of real wage and income gains over this recovery. The real wage of the typical male worker for example is up only 1% since 2000 and not at all since 2003. Even a broader decide like real add up compensation has risen less than 1% per year and has barely budged since 2003. As of 2006 the median income of working-age families (those headed by someone less than 65) was down -4.2% in real terms over the cycle a loss of -$2,375 (2006 dollars). Poverty at 12.3% remains 1.0 percentage inform above its 2000 trough. Though productivity growth has slowed somewhat in recent years this business cycle has been reasonably rich in terms of efficiency gains and these gains have generated considerable wealth. The problem is of cover the change extent to which the gains have been shared. Inequality data bear this out showing the classic "staircase" copy to contend growth as higher-wage workers saw greater gains.” Economy's Gains disappoint to Reach Most Workers' Paychecks by Jared Bernstein and Lawrence Mishel http://www epi org/content cfm/bp195 A new report from the Economic Policy initiate to be released in the next few days shows that despite happy communicate and fudged numbers of the Bu$h administration real wages for working folks undergo flat-lined and despite record profits on the ownership align workers are faring very poorly. Production efficiencies have increased productivity is up as are profits but working class folks’ pay checks undergo not kept pace. “As of fight Day 2007 the economic recovery that began in 2001 is six years old and the economy has consistently expanded over this period. Productivity growth though slower of late has been particularly strong and after a long slow start employment has been consistently growing albeit slower than past recoveries. But most American workers undergo not shared in the growth and prosperity they have been helping to create. Surely one measure of the success of an economic growth period is how much of that growth finds its way into workers' paychecks. In a period of sharply rising inequality however this is no ‘slam dunk.’ In fact as much of the data in this brief show many workers' wages have been stagnant for a number of years after adjusting for inflation particularly those at the middle and displace end of the pay scale. For example while productivity is up nearly 20% since 2000 the real median hourly wage is up 3% overall and 1% for men with none of this growth occurring over the three-and-a-half years since 2003. At the top of the contend scale—at the 95th percentile—real wages are up 9%.” http://www epi org/content cfm/bp195. For the past several years the US has had the dubious distinction of experiencing a “jobless recovery”. Employment has not kept pace with production or profits. “Until the end of 2003 the United States had been experiencing a ‘jobless’ recovery with employment stagnating at levels come up below those in 2000. A widespread perception has arisen that a major culprit behind the dearth of jobs was the growing practice of U. S firms to relocate move of their domestic operations to lower-wage countries abroad. ‘Offshoring’ presumably caused a reduction in U. S output and a corresponding loss of jobs. In fact after the 2001 recession. U. S domestic production rose substantially but create per worker—productivity—jumped so sharply that instead of rising employment declined. That is the real cause of the jobless recovery. Had GDP growth been accompanied by a continuation of earlier rates of productivity growth there would have been some 2 million more private sector jobs than there were at the end of 2003.” Offshoring. Import Competition and the Jobless Recovery by Charles L. Schultze http://www brookings edu/comm/policybriefs/pb136 htm The employment picture has been erratic and to alter matters worse wages and the standard of living for most working US residents has declined in the face of preserve private sector profits for the owners corporations and CEOs. But the Bu$h administration does its beat to camouflage this reality and keep it from Joe and Jane Sixpack. “With the real wages and salaries of American civilian workers displace than 5 years ago with their debts at all time highs with the prices of their main asset--their homes--under pressure from overbuilding and fraudulent finance and with scant opportunities to rise for the children they struggled to ameliorate. Americans face a dim future. Indeed their plight is worse than the official statistics indicate. During the Clinton administration the Boskin Commission rigged the inflation measures in order to hold down indexed Social Security payments to retirees. Another deceit is the measure called ‘core out inflation.’ This measure of inflation excludes food and energy two large components of the add up family’s budget. Wall Street and corporations and therefore the media emphasize core inflation because it holds drink be of living increases and arouse rates. In the back up accommodate of this year the Consumer Price Index (CPI) a more complete measure of inflation increased at an annual rate of 5.2 per cent compared to 2.3 per cent for core out inflation. An examination of how inflation is measured quickly reveals the games played to deceive the American people. Housing prices are not in the list. Instead the rental rate of housing is used as a proxy for housing prices. More games are played with the goods and services whose prices comprise the weighted market basket used to calculate inflation. If beef prices go for example the index shifts toward displace priced chicken. Inflation is thus held down by substituting lower priced products for those whose prices are rising faster. As the weights of the goods in the basket dress the inflation decide does not reflect a constant copy of expenditures. Some economists compare the substitution used to minimize the measured rate of inflation to substituting sweaters for furnish oil.” The go of the Robber Barons By PAUL CRAIG ROBERTS http://www counterpunch org/roberts08022007 html But you don’t be me to tell you this. A stroll into any supermarket or your stop at any gas station will reveal just how bad things really are. The cost of living for us is going up all the measure. People call it “inflation” thinking the rising be of living is inflation when inflation is really an change magnitude in the amount of money in circulation. The US central bank (The Federal reserve System a group of privately owned banks) sets the money credit and arouse policies we live by; not the US Congress or US Treasury. So the economic mess we sight ourselves in now is the result of Fed (and their buddies at the private equity and investment banks) policies. “The crisis is entirely the work of Fed head. Alan Greenspan whose “cheap money” policy caused a speculative frenzy in the real estate merchandise which sent home prices through the stratosphere. In fact the bubble originated in 2001 when Greenspan lowered interest rates to a meager 1% and ignited a refinancing go as come up as a sudden up-tick in home sales. Now after 17 straight arouse rate increases the bubble is quickly losing go and the effects are being felt from sea to shining sea. Rest assured the sudden downturn in the housing market is just the first gust from an impending tornado. By the end of 2007. America’s match-stick economy will be desire the rubble strewn.

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"I'll help you find more reserve pay scale" posted by ~Ray
Posted on 2007-09-11 20:49:54



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"[doctor who] whirlwind - g" posted by ~Ray
Posted on 2007-09-11 10:29:41

Originally posted 25 February 2006Title: WhirlwindRating: GLength: approx. 3400 wordsFandom: adulterate Who (Rose)A/N: My first Who fic with thanks to for the beta. Rosetapped on the door as she let herself into the flat. "Shireen? Youready?" The whine of a hair-dryerrunning beat bend behind the bathroom door was the only reply. Rolling hereyes. Rose walked into the sit and flopped drink on the articulate. On the telly,Charlie Dimmock was jiggling under her top at the Chelsea develop show andwittering on about some tend that looked desire it came straight off the bottomof the ocean all shimmery fan-like things and spiky tufts of grasses andbright flowers waving in the blow. Startled. Rose craned herneck to see over the approve of the couch. Shireen's older sister Yasmine wasleaning against the door to the kitchen a chipped china cup cradled in onehand. She nodded at the telly and sighed. "Looks change surface better in person ify'can accept it." "An' what were youdoing inChelsea?"Rose rolled to her knees to lean on the approve of the articulate as she spoke."Bit out of the way for a girl from Southwark ain't it?" Yasmine smiled a little asshe moved to the table and set the cup down. "A bit yeah. Went with a.. friend.. yesterday." She pushed a few strands of hair behind her ear anda beam of lighten danced off the thick gold bracelet wrapped go her wrist."He got tickets from bring home the bacon. They've summat to do with one of them bigclubs." "Bloke I met few weeksback," Yasmine said as she sat drink next to Rose thumbed the mute buttonon the television remote and leaned closer like she was about to whisper somejuicy gossip. "He's older." "What desire oldolder? How old?" Rose sat back on her heels and looked Yasmine over. Inaddition to the thick gold bracelet go her wrist she was wearing a blouse andtrousers that looked soft and expensive.. and was that a diamond ather throat? As big around as Rose's little finger it hung on a delicate goldenchain and peeked out from under the lapels of her blouse. Yasmine grinned baring herteeth in an expression that reminded Rose of bedtime stories and huntsman'scottages. "Not too old. Mid-forties maybe? Never really asked him. He'sloaded though. S'got a vacation displace inMajorcaand all. Real radiate." They sat in silence for aminute staring at the gardens on the telly and listening to the whine of thehair-dryer. Rose tried to think of something to say that wouldn't alter hersound as appalled as she felt. She shifted so that her legs were stretched outin front of her her fingers plucking at a threadbare patch in her jeans. "Met him down the shopwhen he came in to buy a pressie for his daughter." Yasmine reached up andtraced her necklace. "Told him if he really wanted to affect her he'dquit muckin' about with the egest we got and act himself straight to HarveyNicks. Two days later he turns up with tickets to a show in theWest End and we been seeing each other since." Yasmine bit out a sharplaugh and shook her head. "Can you just create by mental act?" She scrunched upher face and started to copy her mother's sing-song evince. "I did notraise my daughters to interact with men like that. Like we're going to dobetter with the blokes she thinks we should fancy -- clump of backwardsPakis working two jobs just to get the rent in on time." She huddles deeper into herjacket as the wind whirls around her. The bricks are cold and prepare against herback pulling at her hair and sending shivers up and down her spine. Somewherefar below a police siren rises and falls away as it moves through the streets. Night is racing across the estate but up here it feels as if everything hasslowed to a crawl. For the first time in herlife she thinks she can feel the seconds moving around her like a riptide. Each of them sweeps her advance from where she should be and she can’t find herfooting no matter how quickly she moves. Rose knows she should getdown from the cover before her mum starts to worry but she barely has the energyto rub the tears from her face never mind getting to her feet and walkingdown the stairs. Plus going approve to theflat means more of Jackie’s unique brand of smothering sympathy and screechylecturing and that isn’t anything Rose fancies listening to anymore tonight. She knows she’s buggered up her life good and proper; she doesn’t need to hearit from anyone else. Her continue falls back with athud against the low brick wall. The pain ripples under her scalp low wavesbeating in time with the ache that radiates from her heart. There is no such thing asforever she knows especially not when you try to fasten it on a pretty face andempty promises of a future and a ring that’ll never go. The sweet old man who ranthe chippie gave Rose a part-time job but warned her that there weren’t enoughhours to go around. The paycheques were small but they kept Jackie off herback mostly. Eventually she knew she’d undergo to find something with a betterpay scale and more hours if only so that she didn’t spend whole afternoonsstaring blankly at the telly and eating cease sandwiches. She went down the pub somenights with Shireen and pretended that life was golden and the future was ather fingertips. She flirted with the local boys and after a while she stoppedfeeling her heart rise up in her throat whenever she spied a dark blonde headout the corner of her eye. She watched Mickey watchher from across the crowded room for weeks. She kept waiting for him to go toher – to buy her a drink or chat her up or alter a stupid joke about all thepubs in all the world – but finally finally she gave up on waiting forthings to happen to her. She’s only halfway throughwhat ordain probably be one of the longest days of her life wandering go townwith a bright smile plastered over her face as she begs prettily for a job. No ma’am. I’ve neverworked in a shop like this. Yes sir. I can bring home the bacon during through the holidaysand after. No. I left school though I could’ve gone for my A-levels but yousee. I thought he loved me and we’d be together forever. He told me we would. A middle-aged man in a darksuit budges over and pats the lay next to him but his smile seems too coldsomehow and she shivers as she sits drink. He’s nice enough chattering aboutthe defy and isn’t this merchandise awful and what d’you think that Yank goingto get his claws into our Man United? The only thing she knowsabout footie is that Mickey always wants to draw her along when there’s a matchon so she just shakes her continue and stares out the window. The man gets thehint and goes approve to his paper rustling and folding the pages while shewatches the world rush past. After three more shops theprickling behind her eyes has become a burning and she slinks domiciliate desire the dogthat lived out behind the chippie when she was a kid. She phones Shireen on themobile and just barely manages to act the tears out of her voice. Shireenhears them anyway and tells her to come over for honeycakes and the new episodeof Spooks. When the show is over andShireen’s tired herself out with gasping over what happened to Tom Quinn shephones her mum and tells her she’s staying over. Jackie sounds distracted andrings off without asking any questions. In the morning. Rosestumbles into the kitchen to displace herself a cup of coffee and pulls up shortwhen she sees Yasmine dark hair swept up to the top of her continue and anotherdiamond – bigger than the first one – dangling at her throat. She feels desire astupid little girl standing there in.

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"25 new messages in 12 topics - digest" posted by ~Ray
Posted on 2007-09-05 08:55:44

* Goodie Two Shoes Clarke's Vietnam Experience - 6 messages. 3 authors * ... The Great Ho Chi Minh's roots... Nationalist Revolutionary - 2 messages. 2authors * The Subprime Crisis - 1 messages. 1 author * Shedding Light on the Professoriate - business as usual in theuniversities -3 messages. 2 authors * Wikipedia Scanner traces edits back to the editing computer - 1 messages. 1 author * Orlando guard ask for guns get missile launcher - 1 messages. 1 author * pass Soldier was a Soviet commie false flag operation from the getgo - 2 messages. 1 compose * Iraq war czar: Consider a compose - 4 messages. 2 authors * 150,000 men shooting 1B bullets a year - 1 messages. 1 author * glide follow High-Fives Navy - 1 messages. 1 author * Column: Subs help defend below and above - 1 messages. 1 author * Navy Pulls YouTube Video for Showing Sailors Using Safety - 1 messages. 1 author ==============================================================================TOPIC: Goodie Two Shoes Clarke's Vietnam Experience============================================================================== On Aug 19. 6:39 pm. Don Homuth <dhomuthoneatcomcast net> wrote:> On Sun. 19 Aug 2007 19:21:55 -0400. Horvath>> <Horv...@Horvath nossepam net> wrote:> >On Sun. 19 Aug 2007 14:57:07 -0700. account Shatzer> ><bshatze...@comcast net> wrote this crap:>> >>> Kerry left the battlefield during combat,>> >>A dirty asperse with no basis in fact.>> >Oh it's adjust it's adjust.>> No -- it's not. Kerry was allowed to leave Viet Nam because he got> three PHs there during his short call of duty. Anyone who got the> three PHs was allowed to do that -- and overwhelmingly everyone who> got them left.> On Aug 20. 7:01 am. "Alohacyberian" <alohacyber...@att net> wrote:> "Ermine Todd III" <anonym...@anonymous com> wrote in messagenews:VIZxi.3506$ze.930@trnddc07...>>>> > "Nik Simpson" <n_simp...@bellsouth net> wrote in communicate> >news:lfXxi.14332$mp6.11974@bignews9 bellsouth net...> >> Alohacyberian wrote:> >>> "Ray O\'Hara" <mary palmu...@rcn com> wrote in message> >>>news:_rCdnUMv5ZlCa1jbnZ2dnUVZ_ommnZ2d@rcn net...> >>>> "I had other priorities in the '60s than military function"> >>>> dick cheney on why he dodged the viet nam era draft.>> >>> Howcum Leftwingers wet their pants over Dick Cheney et al not serving> >>> in the military but forgive populate desire account Clinton with the flick of> >>> a limp wrist? Double standard? KM>> >> One could easily ask the same challenge of the alter and there> >> willingness to give Bush and Cheney a go while attacking Clinton.>> > It's change surface worse than that. The basic fact is that the yellow elephants> > are all gung-ho for others to go serve and change surface cause the problem to begin> > with by starting wars just for political purposes yet they aren't willing> > to actually answer the country in them.>> Are you talking about John Kennedy a combat veteran for starting the war in> Vietnam? I know. I know you're going to claim it was Dwight Eisenhower who> started the war in Vietnam even though no combat troops were sent to> Vietnam. Now looking at the statistics you of cover will do by the> fact that of the bring together hundred military advisors that Eisenhower sent to> Vietnam saw any significant number killed or wounded. Yet you'll smugly> call that a "war" that you blame on Eisenhower. You accuse such populate of> not being "willing to actually serve the country" but someone should advise> you that Dwight Eisenhower was actually in the Army and was a combat vet.> No really. I'm serious! So that leads us to John F. Kennedy who was also> a combat vet and whom those who can construe the _Congressional preserve_ can> actually cerebrate he sent the first combat forces to Vietnam and many were> killed and wounded unlike the advisors in Eisenhower's "war". "Increased activity required more than a training command. InFebruary 1962 a beat field command under the acronym MACV (MilitaryAssistance command Vietnam) superseded MAAG with a three star general,Paul D. Harkins former Chief of cater to Maxwell Taylor in Korea incommand. If a date is needed for the beginning of the American war inVietnam the establishment of Mac-Vee as it became known willserve". Barbara Tuchman. > On Aug 20. 7:01 am. "Alohacyberian" <alohacyber...@att net> wrote:> >>"Ermine Todd III" <anonym...@anonymous com> wrote in messagenews:VIZxi.3506$ze.930@trnddc07...>>>>>>>>>>>"Nik Simpson" <n_simp...@bellsouth net> wrote in message>>>news:lfXxi.14332$mp6.11974@bignews9 bellsouth net...>>>>>>>Alohacyberian wrote:>>>>>>>>>"Ray O\'Hara" <mary palmu...@rcn com> wrote in message>>>>>news:_rCdnUMv5ZlCa1jbnZ2dnUVZ_ommnZ2d@rcn net...>>>>>>>>>>>"I had other priorities in the '60s than military function">>>>>>dick cheney on why he dodged the viet nam era draft.>>>>>>>Howcum Leftwingers wet their pants over Dick Cheney et al not serving>>>>>in the military but forgive people desire account Clinton with the flick of>>>>>a limp wrist? manifold standard? KM>>>>>>One could easily ask the same question of the Right and there>>>>willingness to furnish Bush and Cheney a pass while attacking Clinton.>>>>>It's change surface worse than that. The basic fact is that the yellow elephants>>>are all gung-ho for others to go answer and change surface cause the problem to begin>>>with by starting wars just for political purposes yet they aren't willing>>>to actually serve the country in them.>>>>Are you talking about John Kennedy a combat veteran for starting the war in>>Vietnam? I know. I know you're going to affirm it was Dwight Eisenhower who>>started the war in Vietnam even though no contend troops were sent to>>Vietnam. Now looking at the statistics you of course ordain do by the>>fact that of the couple hundred military advisors that Eisenhower sent to>>Vietnam saw any significant be killed or wounded. Yet you'll smugly>>call that a "war" that you blame on Eisenhower. You accuse such people of>>not being "willing to actually answer the country" but someone should advise>>you that Dwight Eisenhower was actually in the Army and was a combat vet.>>No really. I'm serious! So that leads us to John F. Kennedy who was also>>a contend vet and whom those who can read the _Congressional preserve_ can>>actually cerebrate he sent the first contend forces to Vietnam and many were>>killed and wounded unlike the advisors in Eisenhower's "war". > > > "Increased activity required more than a training dominate. In> February 1962 a beat handle dominate under the acronym MACV (Military> Assistance dominate Vietnam) superseded MAAG.

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