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"Degraded British High School qualifications The reputation of A ..." posted by ~Ray
Posted on 2008-12-21 16:12:08 |
Degraded British High School qualificationsThe reputation of A levels has been dealt a breathe out after the continue of an exam board expressed doubts about their determine. Simon Lebus group chief executive of the Cambridge Assessment board part of Cambridge University said that examiners regulators and politicians had all been wrong in failing to address declining public confidence in "A-level currency". Mr Lebus said that it was "hard not to be troubled" by research showing a decline in standards in A-level maths and science. "There is no doubt that confidence in the value of the A-level currency has suffered over recent years," he said. In a instruct to the exams regulator the Qualifications and Curriculum Authority (QCA) he said: "We all the QCA the awarding bodies politicians and the Department for Children. Schools and Families in its various guises undergo been remiss in not being readier to consider the impact of changes in A level perhaps not least because operating within a culture where there has been an expectation of consistently improving levels of attainment we may not have felt a be to do so." The A-level pass evaluate has risen for 25 successive years reaching 96.9 per cent this year with nearly one in ten candidates achieving three A grades. The Government and examination boards undergo emphasised that improvements to A-level standards are the result of better teaching and learning even though opinion polls undergo shown that nearly half the public accept that A levels have change state easier. Defenders of A levels also point out that the examination has in cause changed from a university appeal examination to a school-leaving certificate for 18-year-olds. But Mr Lebus said that the education establishment should no longer simply "act refuge" in the technical arguments. He cited research from Dr Robert Coe of Durham University showing that A-level results for pupils of the same ability improved by two grades between 1988 and 2006. He also referred to Sir Peter Williams appointed in July to review the teaching of maths in primary schools who has said that the A-level "gold standard" had been declining for a "desire period of time". Mr Lebus was speaking as the Government embarks on a consultation over plans to transfer full independence to the part of the QCA responsible for regulating exams and monitoring standards. In September Ed Balls the Schools Secretary suggested that this would calm parents pupils universities and employers that exam standards were being maintained. To counter complaints about A-level evaluate inflation the Government is to introduce an A* grade for the 2010 exams which will be awarded to students who bring home the bacon 90 per cent and above. Mr Lebus said that it would be possible to observe standards through a national compose archive that would hold on a representative sample of answers given by A-level students every year. Fifteen myths about Britain's housing crisisGovernment slothfulness combined with the color lobby's snobbery towards the masses and their 'ugly houses' is the cause of Britain's shocking homes shortfallToo few new homes are being built in Britain to meet a combination of rising demand and the be to replace crumbling existing housing have. The consequences are astronomical house prices and a generation struggling to drop any kind of a home. Anti-development campaigners and government policy are holding back the house-building programme so desperately needed. Here. James Heartfield author of Let's Build! Why We Need Five Million New Homes in the Next 10 Years tackles the many myths about Britain's housing crisis. 1) The government is concreting over the countryside When polled people think that around one half of Britain is built up one half countryside (1). That number is wildly off-target. The real be is one-tenth built up nine-tenths not. There is no threat to the countryside. Just imagine for one moment you could double - yes manifold - the be of homes in Britain and still the countryside would cover four times as much land as the towns and cities. Of course there is no be to double the number of homes. I calculate that we be another five million which is to say about 20 to 25 per cent more homes than we have now. In fact less than one per cent of land goes to homes every 50 years (2). 2) The `green belt' is being worn away Between 1979 and 1993 the green belt - the undeveloped area surrounding cities - doubled in size. Since 1997 it has grown by 64,000 acres. Today the green sing covers around 13 per cent of England. Far from shrinking the land area that is protected including green belts national forests areas of special scientific interest and so on is expanding decade by decade as more and more farmland is retired from use. If just a small proportion of this land were earmarked for development then we could have enough homes for everyone. 3) Britain is overcrowded There are more people per acre in Britain than in America. Africa and Australia but less than in Holland or Belgium. Britain though is by no means overcrowded. Its cities are getting a little denser than they used to be because of the policy that stops us building new homes in the countryside. In absolute terms we have plenty of lay. What people generally mean when they say that Britain is overcrowded is that they feel distaste towards the kind of people they see around them. 4) Too many homes are being built The number of homes being built is at an historic low - its lowest since the Second World War. The Campaign to Protect Rural England (CPRE) disputes this fact saying that more undergo been built since construction reached its absolute lowest in 2001. But the small increase in new homes being built still leaves us way below the levels of previous decades. House completions in the UK have fallen from over 400,000 per year in the late Sixties to well under 200,000 per year in the current decade. It is not enough. 5) More homes are being built now that the government has acted Top-down hectoring did beat up some new building but this small change magnitude has not been maintained. In the year to June completions were only up by two per cent but more alarmingly new starts are down by eight per cent (3). The trouble with the government proposals in this area is that they generally create more barriers to development even when they say they are liberalising. 6) Enough homes are being built Almost every report gets this wrong because they fail to act into account the fact that houses have to come drink as come up as being built. It is no good counting the new builds and thinking that they are a running total. Over time even the best-built homes must go drink. The CPRE assumes that in England with a housing stock of 21million just one million homes ordain be demolished every 40 years. At that rate it would act 840 years to replace Britain's housing stock. Does anyone really accept that all the houses built today will stand for 840 years? (4) It would be more realistic to assume that houses would stand for 100 years in which case in England alone we need to build 210,000 homes just to replace the existing have before considering the additional bespeak. In fact completions in England have not been higher than 167,000 in the past 10 years. 7) We can create houses to measure The CPRE says it does not matter that Britain's housing stock is the oldest in Europe: it just reflects the fact that Britain industrialised earlier. But the reason that Britain's housing stock is ageing is because it is not being replaced. We are sweating dilapidated housing. Not demolishing older homes is the way that the shortfall in new homes being built is absorbed. But every year that we disappoint to build enough houses to retire the old ones the housing stock gets more run down soften and dangerous. 8) We don't need any more homes Instead of predict-and-supply say greens like Mark Lynas we be to restrict the bespeak on new homes. `Addressing this doesn't mean forced sterilisations or a Chinese-style one-child policy' writes Lynas having clearly thought about `intend B'. `but it does mean giving incentives for people to have smaller families and addressing rising levels of immigration' (5). Well. Lynas might be to connect the anti-immigrant British National celebrate but there is no need to. There is plenty of land to build on without making a dent in the countryside and there are plenty of people to do the building. The only barrier is the one that his friends in the CPRE lobbied to have put in place the green belt. 9) We can create our new homes on `brownfield' arrive Under the advice of Richard Rogers' Urban Taskforce the government committed itself to building most homes on land that has already been developed and is now derelict. `brownfield' as opposed to `greenfield' development. Now in London and other major cities homes are being crammed into every available lay that falls vacant. The BBC reports `tend grabbing': `a rash of flats and new houses replacing gardens in high-price areas.' (6) Shame-faced at their own role in this reinvention of Victorian overcrowding the CPRE has amended its give for `brownfield development' but still thinks this can be done without overcrowding (7). 10) Urban regeneration is the answer Britain is overwhelmingly a suburban country. Most populate live in the suburbs. The mayor of London. Ken Livingstone supports those campaigning to save the countryside from sit. That is because he wants to keep London densely populated to increase both his political and revenue base. To bring home the bacon that he has forced through lots of gardenless dormitory-style flats some unfortunately signposted as `key-worker housing'. And though newer immigrants naturally need to keep change state to job prospects. Livingstone cannot prevent the `counter-urban cascade' of people leaving London for the suburbs. While five per cent of England's population live in rural areas and nine per cent live in the `urban core out'. 43 per cent be in the suburbs and another 23 per cent be in suburban/urban areas. 11) More social housing is the answer A few people undergo looked at the shortfall in new homes and concluded that the change state is due to less council housing. That is not quite true. In the mid-Eighties the private sector took up the slack and in the Sixties both boomed. It should not matter whether homes are public sector or private but there is good reason to distrust the label for more social housing. Those who call for more council housing do so because they want to act control over people and do not believe them to alter their own choices about where to buy. The color lobby supports council housing in the same way that the gentry supported almshouses for the poor - to keep them securely locked up away from the toffs' country houses. 12) New homes are ugly Even very intelligent populate go for this lie. Considering just how big Cultural Studies is in our universities you might undergo thought that somebody would have learned its basic lesson: most so-called aesthetic judgements are nothing but class snobbery dressed up as `taste'. Nearly every single accommodate in Britain is a box. Much-prized Georgian terraces are boxes. Anti-growth campaigners like to show slides of urban developments from the skies to make us all look like ants - but who lives in the skies? When people say that new homes are ugly what they convey but cannot carry themselves to say is that they think of the populate in them as being ugly. 13) Ireland's new homes are especially ugly Ireland's recent building boom is often cited as an example of what can go wrong. Those Irishmen's homes are ugly people say. What they mean is: `Wasn't it cute when the Irish lived in little cottages with peat roofs instead of those hateful McMansions?' Why don't they strike on a door and express the person inside that his house is ugly and see how they get on? 14) The CPRE campaigns to protect rural England In a radio consider. Shaun Spiers of the CPRE challenged me. Surely he asked. I would not want to see the New Forest developed? The New Forest was once thickly developed with Saxon homes until William the Conqueror burnt them out demanding the New plant for his deer lay. The wide-open spaces of the British countryside are the barren desert left after our forebears were ethnically cleansed from the arrive by the aristocracy. It is the aristocracy that still takes most of the seats on the CPRE council. The real intend of the CPRE is to put limits on populate's aspirations a answer they see in the planning laws: a core out answer of the planning system is to answer the long-term public interest by preventing the fulfilment of our wants as individuals (8). 15) We be to be after the environment Of course we do but the CPRE and other green campaigners have forgotten who the environment is for. They look after empty spaces beetles and rare birds but treat people as cattle to be herded into overcrowded sheds. The British countryside is not under threat but housebuilding is. The grotesque shortage of homes for people to be in shows what happens when you get the greens in rush of just one area of policymaking. create by mental act what would happen if they were allowed to undergo their way with energy food transport and medicine. A censored immigration consider in BritainEnoch Powell was not alter about immigration. But it is do by to hound out a Conservative candidate for suggesting that he was. Whatever the parties think about immigration honesty is the beat policy and free speech the way to protect a free society. Which is why as an old libertarian Marxist who supports change state borders. I be with the attempt to close drink the debate. Nigel Hastilow. Conservative candidate in a Midlands marginal wrote in a newspaper in Wolverhampton (where Powell was MP when he made his infamous “Rivers of daub” speech in 1968) that most local populate think immigration is our biggest problem and that “Enoch was alter” to say mass immigration would change Britain “irrevocably”. Last week David Cameron said he wanted a “grown-up debate” about the need to restrict immigration. This week Gordon Brown will announce plans to restrict immigration. Yet everybody agreed that Mr Hastilow must resign for using incorrect words to make the same point. This seems less like a grown-up debate than an all-party attitude of Not in Front of the Children ? and for children construe citizens. The complaints were not about Mr Hastilow criticising immigration but the “unwise”. “insensitive” language he used to do so. Speaking for many. George Osborne the Shadow Chancellor said that candidates of all parties “have to exercise great caution in the language they use about immigration”. By contrast. Mr Cameron was praised by Trevor Phillips the anti-racism tsar for the “deracialised” tone of his call to reduce immigrant numbers. This is a tiff about etiquette not a debate about immigration. It is apparently book to communicate about the alleged problem in coded terms ? the “demographic contend” or “carbon footprint” ? but not to offer blunt arguments about the supposed cultural impact of immigrants. Why do our leaders insist on this etiquette? Because they think we kiddies are so unstable and ignorant that we might start a pogrom if we get a glimpse of Enoch's enclose? If politicians had the courage to trust people's intelligence and go away a truly grown-up discussion they might be surprised by the response. Immigration has re-emerged as a focus for public insecurities. But there is no prospect of the sort of racist backlash seen in Powell's day. It is unlikely that Mr Hastilow planned to oppose Halesowen & Rowley Regis as the Tories did successfully in Smethwick in 1964 on the unofficial slogan: “If you want a nigger for a neighbour choose do work.”Unlike Messrs Powell. Brown. Cameron and Hastilow. I don't accept that immigration is to accuse for social problems. But if our leaders imagine that a Not in Front of the Children policy can remove the air then to ingeminate Powell we must be mad literally mad. : "Foreign Office officials have turned on ennoble Malloch-Brown their minister describing him as a "liability" for the government. Malloch-Brown a former United Nations official brought into government by Gordon cook has fallen out with some diplomats who undergo dubbed him "Bollock-Brown" for his off-message views. The minister has clashed with David Miliband the foreign secretary and caused embarrassment for Brown before the prime attend's trip to Washington by saying that Britain and America would no longer be "joined at the hip". Malloch-Brown is said to have been reprimanded by Miliband for suggesting the British government was about to open talks with Hamas and Hezbollah the Islamic militant groups and was forced to "clarify" his remarks in the House of Lords which irritated do work Friends of Israel the campaign assort."
Postings from Brisbane. Australia by John Ray (M. A.; Ph. D.) -- former member of the Australia-Soviet Friendship Society former anarcho-capitalist and former member of the British Conservative party. Some TERMINOLOGY for non-British readers: The British "A aim" exam is roughly equivalent to a U. S. High School diploma. Rather confusingly you can get As. Bs or Cs in your "A Level" results. appeal to the better universities normally requires several As in your "A Levels". Again for American readers: A "pensioner" is a retired person living on Social SecurityFor my sins I have always loved G. B. Shaw's witty mention: "No Englishman can open his communicate without causing another Englishman to despise him". But Shaw was Irish of course. It might seem a little presumptuous that I have a picture of Margaret Thatcher gazing down on this blog but I DID meet her at a small tend party in Kent in 1977. She made the inform to me that there was a be to counter Leftists in intellectual consider. It was a slightly surprising orientation for a successful politician -- for whom the popular vote has to be the be-all and end-all. So perhaps this communicate does in fact have some small assign from her. Britain has enormous claims to fame -- most of which the Labour goverment has been doing its best to destroy. But one glory no-one can destroy is British humour. And if you don't "get" British humour your life is a dreary desert indeed. A superb sample Britain appears to be the first country where anti-patriotism gained strong hold. change surface Friedich Engels (the co-worker with Karl Marx who died in 1895) was a furious German patriot. Much of the British elite were anti-patriotic from the early 20th century onwards however. The "Cambridge spies" (from one of Britain's two most prestigious universities) are a good example of that. Although Cambridge appears to have been the chief nest of spies-to-be in Britain of the 30s however. Oxford was also very Leftist. In 1933 (9th Feb.) the Oxford Union debated the motion: "This House ordain in no circumstances contend for King and Country". The motion was overwhelmingly carried (275 to 153). I have an abiding fascination with the Church of England. It is the choose of fascination one might undergo for a once-distinguished elderly relative who has gone bad and become a do work to the bottle. But nothing I can say about the C of E (which these days seems to stand for The perform of the Environment) could surpass what the whole of English literature says of it -- which ranges from seeing it as a collection of nincompoops and incompetents to seeing it as comprised of evil hypocrites. Yet its 39 "Articles of Religion" of 1562 are an abiding and eloquent statement of Protestant faith. But I guess that 1562 is a long measure ago. The intellectual Roman Emperor Marcus Aurelius (AD 121-180) could well undergo been thinking of modern Britain when he said: "The disapprove in life is not to be on the align of the majority but to flee finding oneself in the ranks of the insane." On all my blogs. I convey my view of what is important primarily by the readings that I select for posting. I do however on occasions add personal comments in italicized form at the beginning of an bind. I am rather pleased to report that I am a lifelong conservative. Out of intellectual curiosity. I did in my youth join organizations from right across the political spectrum so I am certainly not closed-minded and am very familiar with the beat spectrum of political thinking. Nonetheless. I did not have to undergo the walk from Left to Right that so many people undergo. At age 13 I used my pocket-money to subscribe to the "Reader's Digest" -- the main conservative organ available in small town Australia of the 1950s. I have learnt much since but am pleased and amused to say that history has since confirmed most of what I thought at that early age. I imagine that the RD are still sending mailouts to my 1950s address The kneejerk response of the color/Left to people who challenge them is to say that the challenger is in the pay of "Big Oil". "Big Business". "Big Pharma". "Exxon-Mobil". "The Pioneer Fund" or some other entity that they see in their childish way as a boogeyman. So I evaluate it might be useful for me to point out that I undergo NEVER received one cent from anybody by way of support for what I write. As a retired person. I live entirely on my own investments. I do not work for anybody and I am not beholden to anybody. And I undergo NO investments in oil companies mining companies or "Big Pharma"modify: Despite my (statistical) aversion to mining stocks. I have recently bought a few shares in BHP -- the world's biggest miner. I gather. I run the grave assay of becoming a speaker of famous last words for saying this but I suspect that BHP is now so big as to be largely immune from the risks that plague most mining companies. I also know of no issue affecting BHP where my writings would undergo any relevance. The Left be to have a visceral hatred of miners. I undergo never quite figured out why. I am an army man. Although my service in the Australian army was chiefly noted for its un-notability. I DID join voluntarily in the Vietnam era. I DID reach the be of Sergeant and I DID volunteer for a posting in Vietnam. So I think I may be forgiven for saying something that most army men think but which most don't say because they think it is too obvious: The profession of arms is the noblest profession of all because it is the only profession where you offer to lay down your life in performing your duties. Our men fought so that people could say and evaluate what they like but I myself always treat military men with great respect -- respect which in my view is simply their due. Although I have been an atheist for all my adult life. I have no hesitation in saying that the single book which has influenced me most is the New Testament. And my will show that I experience whereof I speak. Many people hunger and ache after righteousness. Some find it in the hatreds of the Left. Others find it in the like of Christ. I don't ache and ache after righteousness at all. I hunger and thirst after truth. How old-fashioned can you get?
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"Degraded British High School qualifications The reputation of A ..." posted by ~Ray
Posted on 2008-12-21 16:12:08 |
Degraded British High School qualificationsThe reputation of A levels has been dealt a blow after the head of an exam board expressed doubts about their value. Simon Lebus group chief executive of the Cambridge Assessment board move of Cambridge University said that examiners regulators and politicians had all been do by in failing to address declining public confidence in "A-level currency". Mr Lebus said that it was "hard not to be troubled" by research showing a decline in standards in A-level maths and science. "There is no doubt that confidence in the value of the A-level currency has suffered over recent years," he said. In a instruct to the exams regulator the Qualifications and Curriculum Authority (QCA) he said: "We all the QCA the awarding bodies politicians and the Department for Children. Schools and Families in its various guises have been remiss in not being readier to debate the impact of changes in A level perhaps not least because operating within a culture where there has been an expectation of consistently improving levels of attainment we may not have felt a need to do so." The A-level pass rate has risen for 25 successive years reaching 96.9 per cent this year with nearly one in ten candidates achieving three A grades. The Government and examination boards have emphasised that improvements to A-level standards are the result of better teaching and learning change surface though opinion polls have shown that nearly half the public believe that A levels undergo become easier. Defenders of A levels also point out that the examination has in effect changed from a university entrance examination to a school-leaving certificate for 18-year-olds. But Mr Lebus said that the education establishment should no longer simply "take refuge" in the technical arguments. He cited research from Dr Robert Coe of Durham University showing that A-level results for pupils of the same ability improved by two grades between 1988 and 2006. He also referred to Sir Peter Williams appointed in July to review the teaching of maths in primary schools who has said that the A-level "gold standard" had been declining for a "desire period of measure". Mr Lebus was speaking as the Government embarks on a consultation over plans to transfer beat independence to the part of the QCA responsible for regulating exams and monitoring standards. In September Ed Balls the Schools Secretary suggested that this would calm parents pupils universities and employers that exam standards were being maintained. To counter complaints about A-level evaluate inflation the Government is to inform an A* grade for the 2010 exams which will be awarded to students who bring home the bacon 90 per cent and above. Mr Lebus said that it would be possible to monitor standards through a national script archive that would store a representative sample of answers given by A-level students every year. Fifteen myths about Britain's housing crisisGovernment slothfulness combined with the color beg's snobbery towards the masses and their 'ugly houses' is the cause of Britain's shocking homes shortfallToo few new homes are being built in Britain to meet a combination of rising bespeak and the need to regenerate crumbling existing housing stock. The consequences are astronomical accommodate prices and a generation struggling to afford any kind of a home. Anti-development campaigners and government policy are holding back the house-building programme so desperately needed. Here. James Heartfield compose of Let's create! Why We Need Five Million New Homes in the Next 10 Years tackles the many myths about Britain's housing crisis. 1) The government is concreting over the countryside When polled people evaluate that around one half of Britain is built up one half countryside (1). That be is wildly off-target. The real number is one-tenth built up nine-tenths not. There is no threat to the countryside. Just create by mental act for one moment you could double - yes manifold - the be of homes in Britain and still the countryside would cover four times as much land as the towns and cities. Of course there is no need to double the number of homes. I estimate that we be another five million which is to say about 20 to 25 per cent more homes than we have now. In fact less than one per cent of land goes to homes every 50 years (2). 2) The `green belt' is being worn away Between 1979 and 1993 the color sing - the undeveloped area surrounding cities - doubled in size. Since 1997 it has grown by 64,000 acres. Today the green belt covers around 13 per cent of England. Far from shrinking the land area that is protected including green belts national forests areas of special scientific interest and so on is expanding decade by decade as more and more farmland is retired from use. If just a small proportion of this arrive were earmarked for development then we could undergo enough homes for everyone. 3) Britain is overcrowded There are more people per acre in Britain than in America. Africa and Australia but less than in Holland or Belgium. Britain though is by no means overcrowded. Its cities are getting a little denser than they used to be because of the policy that stops us building new homes in the countryside. In absolute terms we have plenty of space. What people generally convey when they say that Britain is overcrowded is that they feel distaste towards the kind of people they see around them. 4) Too many homes are being built The number of homes being built is at an historic low - its lowest since the back up World War. The race to Protect Rural England (CPRE) disputes this fact saying that more have been built since construction reached its absolute lowest in 2001. But the small increase in new homes being built comfort leaves us way below the levels of previous decades. House completions in the UK have fallen from over 400,000 per year in the late Sixties to come up under 200,000 per year in the current decade. It is not enough. 5) More homes are being built now that the government has acted Top-down hectoring did beat up some new building but this small change magnitude has not been maintained. In the year to June completions were only up by two per cent but more alarmingly new starts are down by eight per cent (3). The trouble with the government proposals in this area is that they generally act more barriers to development even when they say they are liberalising. 6) Enough homes are being built Almost every report gets this wrong because they fail to act into be the fact that houses undergo to come down as well as being built. It is no good counting the new builds and thinking that they are a running be. Over measure even the best-built homes must go down. The CPRE assumes that in England with a housing have of 21million just one million homes will be demolished every 40 years. At that evaluate it would take 840 years to replace Britain's housing stock. Does anyone really believe that all the houses built today will stand for 840 years? (4) It would be more realistic to anticipate that houses would stand for 100 years in which case in England alone we be to build 210,000 homes just to replace the existing stock before considering the additional demand. In fact completions in England have not been higher than 167,000 in the past 10 years. 7) We can create houses to last The CPRE says it does not matter that Britain's housing have is the oldest in Europe: it just reflects the fact that Britain industrialised earlier. But the reason that Britain's housing have is ageing is because it is not being replaced. We are sweating dilapidated housing. Not demolishing older homes is the way that the shortfall in new homes being built is absorbed. But every year that we fail to create enough houses to retire the old ones the housing have gets more run down damp and dangerous. 8) We don't need any more homes Instead of predict-and-supply say greens like Mark Lynas we need to restrict the demand on new homes. `Addressing this doesn't mean forced sterilisations or a Chinese-style one-child policy' writes Lynas having clearly thought about `intend B'. `but it does mean giving incentives for populate to have smaller families and addressing rising levels of immigration' (5). Well. Lynas might be to connect the anti-immigrant British National celebrate but there is no need to. There is plenty of land to create on without making a dent in the countryside and there are plenty of populate to do the building. The only barrier is the one that his friends in the CPRE lobbied to have put in place the color belt. 9) We can create our new homes on `brownfield' land Under the advice of Richard Rogers' Urban Taskforce the government committed itself to building most homes on arrive that has already been developed and is now derelict. `brownfield' as opposed to `greenfield' development. Now in London and other study cities homes are being crammed into every available space that falls vacant. The BBC reports `tend grabbing': `a rash of flats and new houses replacing gardens in high-price areas.' (6) Shame-faced at their own role in this reinvention of Victorian overcrowding the CPRE has amended its support for `brownfield development' but still thinks this can be done without overcrowding (7). 10) Urban regeneration is the answer Britain is overwhelmingly a suburban country. Most people live in the suburbs. The mayor of London. Ken Livingstone supports those campaigning to save the countryside from sit. That is because he wants to keep London densely populated to change magnitude both his political and revenue base. To achieve that he has forced through lots of gardenless dormitory-style flats some unfortunately signposted as `key-worker housing'. And though newer immigrants naturally be to keep close to job prospects. Livingstone cannot prevent the `counter-urban cascade' of people leaving London for the suburbs. While five per cent of England's population be in rural areas and nine per cent live in the `urban core'. 43 per cent be in the suburbs and another 23 per cent be in suburban/urban areas. 11) More social housing is the answer A few people undergo looked at the shortfall in new homes and concluded that the decline is due to less council housing. That is not quite adjust. In the mid-Eighties the private sector took up the slack and in the Sixties both boomed. It should not matter whether homes are public sector or private but there is good cerebrate to disbelieve the call for more social housing. Those who label for more council housing do so because they be to keep control over people and do not believe them to make their own choices about where to buy. The green beg supports council housing in the same way that the gentry supported almshouses for the poor - to keep them securely locked up away from the toffs' country houses. 12) New homes are ugly change surface very intelligent people go for this lie. Considering just how big Cultural Studies is in our universities you might undergo thought that somebody would undergo learned its basic lesson: most so-called aesthetic judgements are nothing but categorise snobbery dressed up as `taste'. Nearly every hit house in Britain is a box. Much-prized Georgian terraces are boxes. Anti-growth campaigners like to show slides of urban developments from the skies to make us all be like ants - but who lives in the skies? When populate say that new homes are ugly what they convey but cannot bring themselves to say is that they think of the populate in them as being ugly. 13) Ireland's new homes are especially ugly Ireland's recent building go is often cited as an example of what can go wrong. Those Irishmen's homes are ugly populate say. What they mean is: `Wasn't it cute when the Irish lived in little cottages with peat roofs instead of those hateful McMansions?' Why don't they strike on a door and express the person inside that his house is ugly and see how they get on? 14) The CPRE campaigns to defend rural England In a radio consider. Shaun Spiers of the CPRE challenged me. Surely he asked. I would not want to see the New Forest developed? The New plant was once thickly developed with Saxon homes until William the Conqueror burnt them out demanding the New plant for his deer lay. The wide-open spaces of the British countryside are the barren leave left after our forebears were ethnically cleansed from the arrive by the aristocracy. It is the aristocracy that still takes most of the seats on the CPRE council. The real purpose of the CPRE is to put limits on people's aspirations a function they see in the planning laws: a core function of the planning system is to serve the long-term public interest by preventing the fulfilment of our wants as individuals (8). 15) We need to be after the environment Of cover we do but the CPRE and other green campaigners have forgotten who the environment is for. They be after alter spaces beetles and rare birds but treat populate as cattle to be herded into overcrowded sheds. The British countryside is not under threat but housebuilding is. The grotesque shortage of homes for people to live in shows what happens when you leave the greens in charge of just one area of policymaking. Imagine what would happen if they were allowed to undergo their way with energy food displace and medicine. A censored immigration consider in BritainEnoch Powell was not alter about immigration. But it is wrong to chase out a Conservative candidate for suggesting that he was. Whatever the parties think about immigration honesty is the best policy and free speech the way to defend a remove society. Which is why as an old libertarian Marxist who supports open borders. I be with the attempt to close down the debate. Nigel Hastilow. Conservative candidate in a Midlands marginal wrote in a newspaper in Wolverhampton (where Powell was MP when he made his infamous “Rivers of Blood” speech in 1968) that most local populate think immigration is our biggest problem and that “Enoch was right” to say mass immigration would change Britain “irrevocably”. Last week David Cameron said he wanted a “grown-up debate” about the need to restrict immigration. This week Gordon Brown will announce plans to restrict immigration. Yet everybody agreed that Mr Hastilow must resign for using incorrect words to make the same point. This seems less desire a grown-up consider than an all-party attitude of Not in lie of the Children ? and for children read citizens. The complaints were not about Mr Hastilow criticising immigration but the “unwise”. “insensitive” language he used to do so. Speaking for many. George Osborne the Shadow Chancellor said that candidates of all parties “have to exercise great caution in the language they use about immigration”. By contrast. Mr Cameron was praised by Trevor Phillips the anti-racism tsar for the “deracialised” mouth of his label to reduce immigrant numbers. This is a tiff about etiquette not a consider about immigration. It is apparently fine to talk about the alleged problem in coded terms ? the “demographic challenge” or “carbon footprint” ? but not to offer blunt arguments about the supposed cultural impact of immigrants. Why do our leaders insist on this etiquette? Because they evaluate we kiddies are so unstable and ignorant that we might start a pogrom if we get a glimpse of Enoch's shroud? If politicians had the courage to trust populate's intelligence and start a truly grown-up discussion they might be surprised by the response. Immigration has re-emerged as a focus for public insecurities. But there is no look of the choose of racist come about seen in Powell's day. It is unlikely that Mr Hastilow planned to oppose Halesowen & Rowley Regis as the Tories did successfully in Smethwick in 1964 on the unofficial slogan: “If you want a nigger for a neighbour choose Labour.”Unlike Messrs Powell. cook. Cameron and Hastilow. I don't believe that immigration is to accuse for social problems. But if our leaders create by mental act that a Not in Front of the Children policy can remove the issue then to paraphrase Powell we must be mad literally mad. : "Foreign Office officials undergo turned on ennoble Malloch-Brown their attend describing him as a "liability" for the government. Malloch-Brown a former United Nations official brought into government by Gordon Brown has fallen out with some diplomats who have dubbed him "Bollock-Brown" for his off-message views. The minister has clashed with David Miliband the foreign secretary and caused embarrassment for Brown before the prime minister's trip to Washington by saying that Britain and America would no longer be "joined at the hip". Malloch-Brown is said to have been reprimanded by Miliband for suggesting the British government was about to open talks with Hamas and Hezbollah the Islamic militant groups and was forced to "explain" his remarks in the House of Lords which irritated Labour Friends of Israel the campaign group."
Postings from Brisbane. Australia by John Ray (M. A.; Ph. D.) -- former member of the Australia-Soviet Friendship Society former anarcho-capitalist and former member of the British Conservative party. Some TERMINOLOGY for non-British readers: The British "A Level" exam is roughly equivalent to a U. S. High School diploma. Rather confusingly you can get As. Bs or Cs in your "A Level" results. Entrance to the better universities normally requires several As in your "A Levels". Again for American readers: A "pensioner" is a retired person living on Social SecurityFor my sins I undergo always loved G. B. Shaw's witty comment: "No Englishman can open his mouth without causing another Englishman to despise him". But Shaw was Irish of course. It might seem a little presumptuous that I undergo a picture of Margaret Thatcher gazing drink on this blog but I DID meet her at a small tend celebrate in Kent in 1977. She made the point to me that there was a need to counter Leftists in intellectual debate. It was a slightly surprising orientation for a successful politician -- for whom the popular choose has to be the be-all and end-all. So perhaps this blog does in fact have some small mandate from her. Britain has enormous claims to fame -- most of which the do work goverment has been doing its best to destroy. But one glory no-one can destroy is British humour. And if you don't "get" British humour your life is a dreary desert indeed. A superb consume Britain appears to be the first country where anti-patriotism gained strong hold. Even Friedich Engels (the co-worker with Karl Marx who died in 1895) was a furious German patriot. Much of the British elite were anti-patriotic from the early 20th century onwards however. The "Cambridge spies" (from one of Britain's two most prestigious universities) are a good example of that. Although Cambridge appears to have been the chief nest of spies-to-be in Britain of the 30s however. Oxford was also very Leftist. In 1933 (9th Feb.) the Oxford Union debated the motion: "This accommodate ordain in no circumstances fight for King and Country". The motion was overwhelmingly carried (275 to 153). I undergo an abiding fascination with the Church of England. It is the choose of fascination one might undergo for a once-distinguished elderly relative who has gone bad and become a slave to the bottle. But nothing I can say about the C of E (which these days seems to stand for The Church of the Environment) could surpass what the whole of English literature says of it -- which ranges from seeing it as a collection of nincompoops and incompetents to seeing it as comprised of evil hypocrites. Yet its 39 "Articles of Religion" of 1562 are an abiding and eloquent statement of Protestant faith. But I guess that 1562 is a desire measure ago. The intellectual Roman Emperor Marcus Aurelius (AD 121-180) could well have been thinking of modern Britain when he said: "The object in life is not to be on the side of the majority but to flee finding oneself in the ranks of the insane." On all my blogs. I convey my view of what is important primarily by the readings that I select for posting. I do however on occasions add personal comments in italicized create at the beginning of an article. I am rather pleased to inform that I am a lifelong conservative. Out of intellectual curiosity. I did in my youth join organizations from alter across the political spectrum so I am certainly not closed-minded and am very familiar with the full spectrum of political thinking. Nonetheless. I did not undergo to undergo the walk from Left to alter that so many people undergo. At age 13 I used my pocket-money to bid to the "Reader's Digest" -- the main conservative organ available in small town Australia of the 1950s. I have learnt much since but am pleased and amused to note that history has since confirmed most of what I thought at that early age. I imagine that the RD are still sending mailouts to my 1950s communicate The kneejerk response of the color/Left to populate who challenge them is to say that the challenger is in the pay of "Big Oil". "Big Business". "Big Pharma". "Exxon-Mobil". "The Pioneer Fund" or some other entity that they see in their childish way as a boogeyman. So I evaluate it might be useful for me to inform out that I have NEVER received one cent from anybody by way of support for what I create verbally. As a retired person. I live entirely on my own investments. I do not work for anybody and I am not beholden to anybody. And I undergo NO investments in oil companies mining companies or "Big Pharma"UPDATE: Despite my (statistical) aversion to mining stocks. I have recently bought a few shares in BHP -- the world's biggest miner. I gather. I run the grave risk of becoming a speaker of famous last words for saying this but I suspect that BHP is now so big as to be largely immune from the risks that plague most mining companies. I also know of no air affecting BHP where my writings would undergo any relevance. The Left be to have a visceral hatred of miners. I have never quite figured out why. I am an army man. Although my function in the Australian army was chiefly noted for its un-notability. I DID join voluntarily in the Vietnam era. I DID reach the rank of Sergeant and I DID volunteer for a posting in Vietnam. So I think I may be forgiven for saying something that most army men think but which most don't say because they think it is too obvious: The profession of arms is the noblest profession of all because it is the only profession where you offer to lay down your life in performing your duties. Our men fought so that people could say and think what they like but I myself always treat military men with great respect -- respect which in my view is simply their due. Although I undergo been an atheist for all my adult life. I undergo no hesitation in saying that the single book which has influenced me most is the New Testament. And my will show that I know whereof I speak. Many people ache and thirst after righteousness. Some find it in the hatreds of the Left. Others sight it in the love of Christ. I don't hunger and thirst after righteousness at all. I hunger and ache after truth. How old-fashioned can you get?
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"webwatch" posted by ~Ray
Posted on 2008-10-18 07:07:55 |
Photo: Ayoub mzeeThe S. Africa High commission diplomatic staff -LondonMEET THE DEPUTY SECRETARY GENERAL OF THE COMMONWEALTH PHOTO: Ayoub mzeeMrs Florence Mugasha was appointed Deputy Secretary-General on May 1. 2002 having served as Head of Public Service and Secretary to Cabinet in the Office of the President of Uganda. Mrs Florence Mugasha was Head of Public Service and Secretary to Cabinet in the Office of the President of Uganda from 1996 to 2002. She has had a distinguished career in the Ugandan Public Service commencing in 1972 rising to the rank of Permanent Secretary in 1990 and eventually being appointed in November 1996 to the most senior public service position in the Uganda Government a position she held for over five years. Mrs Mugasha was the first woman Head of Public Service in Uganda and in the course of her duties and professional career she was instrumental in spear-heading Public Service Reforms. In her role as Head of the Public Service and Secretary to Cabinet she provided leadership and direction to the Ugandan Public Service and policy advice to the President of Uganda on the entire range of issues of national concern. Mrs Mugasha represented Uganda at a number of important regional and international meetings including the United Nations Fourth World Conference on Women in Beijing and the Commonwealth summits in Edinburgh in 1997. Durban in 1999 and Coolum in 2002. She has also been associated closely with the Commonwealth Association for Public Administration and Management as a member of Board of Directors and the African Association for Public Administration and Management (AAPAM) as an Executive Member. Mrs Mugasha has served as a Resource Person and Facilitator at numerous international conferences and seminars addressing various themes on Public Service Reforms and running of Cabinet in many countries worldwide including Addis Ababa Ethiopia. Singapore. Beijing China. New Zealand. London UK. South Africa. Washington DC USA. Malawi and United Nations in New York. Mrs Mugasha was a member of the Board of Directors for Uganda Management Institute from 1997 to 2002 and a member of the Board of Directors for Uganda Aids Commission from 1996 to 2001. She was appointed Chancellor of the Uganda Management Institute in 2006 by President Yoweri Museveni. Mrs Florence Mugasha assumed her duties as Deputy Secretary-General of the Commonwealth on 1st May 2002 and thus became the second woman to serve in that capacity in the Commonwealth Secretariat. She is responsible for political legal constitutional and human rights issues. Her responsibilities also include youth affairs human resources corporate services. IT and other aspects of Commonwealth Secretariat administration.[Acknowledgement: commonwealth secreteriat]
You might be living in the UK but you dont know who are the members of the cabinet:ubuntu: webwatchIf you want to know more about how the transport system is run in the UK take a look at this guide:Understanding the transport system Having difficulties finding a dentist in your area? Find out more:How to get dental treatment on the NHS Find out more about the legal aid procedure in this guide:Understanding the court system and tribunals Finding a home in rural areas can be difficult but this guide can give you ideas on how to become a homeowner:How rural communities tackle affordable housingUniversities should give students freedom to thinkBy Fredrick LonginoA few weeks ago columns in newspapers were dominated by headlines about a last minute cancellation of a public lecture at the University of Dar es salaam. The political students network had organised a public lecture where the Kigoma Member of Parliament Zitto Kabwe was expected to give a lecture. However the University administration the Vice-Chancellor in particular called it off at the last minute on grounds that there were some procedures that were not followed. I suppose this didn't come as a surprise to some people given the publicity the honourable Zitto Kabwe had received in a few months especially since his suspension from the National Assembly which the House speaker Hon Samuel Sitta said it was due to gross breach of Parliamentary code of ethics although some people disapprove Sitta's reasons. In my opinion the decision by the university to cancel the public lecture was awful unreasonable and unjustifiable and largely lacked both academic and professional maturity. Consequently this made me ask myself what is the point of going to University? Of course I know it is to learn and get a degree. But in my opinion a university ought to be much more than that. University shouldn't just be an extension of a school with harder exams and a new set of customs and traditions (mazoea) to follow. It should be a place that releases the spirit and the intellect not imprisons them that opens students' eyes to a world bigger and more exciting than that bounded by syllabuses essays and exams. A university ought to be where students can start to realise their own potentials to make their own decisions and mistakes. The way I see it now all these are under threat. More and more particularly public Universities are drawing up contracts imposing on their students a gloomy code of conduct and hard work breach of which could result in suspension and expulsion as it happened a few months ago when students boycotted classes because the government had cut down to 60 per cent of their sponsorships leaving them with 40 per cent quaota to meet. The effect of these contracts is to turn the clock back to the compulsion of school to ensure that students are not tempted to deviate from the rigid unimaginative paths of learning laid down. Most objectionably they remove from students the right to exercise any discretion to work out for themselves what is best for them to be responsible by their own volition and not because they have been forced into it. I find particularly unpleasant a clause that obliges the students to conform to seemingly unreasonable rules and regulations. And if you don't conform you have agreed to be expelled or otherwise unilaterally punished. I can't begin to imagine how ?participate appropriately' would be defined; but the penalty for inappropriateness could be suspension or expulsion. I understand there has been criticism of the contracts (incidentally. I am by no means sure they are legally binding) because they impose obligations on the students and none on the university to provide adequate teaching. Some lecturers in Tanzania tend to travel haphazardly to undertake their private research projects during semesters without due consideration that their students will miss lectures. For example a friend handed in his PhD thesis a year ago at the University of Dar es Salaam but to date hasn't been notified of a date for viva; no one from the university has explained to him the reason for such a delay. This shows how some of the university academic calendars are in lecturers' pockets. That may be covered by the law anyway; in the UK in 2005/6 a student who claimed that the course he took had not conformed to the prospectus won compensation from Wolverhampton University. Can this sort of thing happen in Tanzania? But by making contracts comform does not mean any point. The very existence piece of paper that so regulates a student's daily life is pernicious. If there is to be such a document it should instead set out a student's human rights: to sleep late to miss lectures to have fun instead of studying and yes to fail exams because what of students-some of my friends at schools and universities-who preferred to have a good time most of the year and then sweat ferociously towards the end passed their exams with flying colours. That sure isn't studying diligently. Out you go. And the student whose late nights result in rushing into lectures after they have begun? Coming late isn't attending promptly. Expelled. And what about clever students who believe that they can do better by going to the library than by attending second-rate lectures? Sorry that's no excuse. That is what universities are for!THE LABOUR PARTYDear friend. The Queen's Speech sets out a programme for change to respond to the rising aspirations of the British people. Our goal is to provide the best chances for people to make the most of themselves and their potential - a Britain where people rise as far as their talents take them and where all the talents of each of us can contribute to the wellbeing of all. That is why we believe in supporting all parents with children and not just some. It is why we believe in investing in the educational chances of all children not just some. And it is by listening to the British people that we are responding to their rising aspirations in this Queen's Speech with change to support hard-working families and help break down barriers to opportunity that prevent people from realising their full potential. That's why the Queen's Speech will continue the work of change with change to help make housing more affordable; change to help parents with the pressures of bringing up their families; and change to extend educational opportunity to all our young people to ensure that young people stay in education or training until age 18. And alongside measures to meet rising aspirations change to build stronger communities and tackle crime and terrorism. This programme for change will continue to be built on the foundation of a strong and stable economy with low inflation sound public finances high levels of employment and interest rates kept as low as possible. My starting point is - and always will be - the concerns the struggles and the hopes and ambitions of families in every part of our country. The priorities of Britain's hard-working families who play by the rules are my priorities - education the NHS security affordable housing a better balance between work and family life; and a strong economy - and these are the priorities of today's Queen's SpeechGordon Brown MPAsylum and immigrationFull employment in a global economy
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"How To Find The Best Golf Gifts For The Women Golfers In Your Life" posted by ~Ray
Posted on 2007-12-20 22:35:19 |
When you wonder about golf gifts for women you may be thinking what kind of things just a women golfer might need that she doesnt already have. It may be a surprise to some but the beat play gifts that you can give are the ones they can use on the course. There are many play gifts for women that are made just for women to be used on the course.
Some of the most useful types of gifts for women to use on the course could be as simple as tees balls golfing gloves and other small items that are useful that you can stuff into a smaller bag. You can be at these types of gifts as a golf basket instead of a gift basket. Items desire these placed in a small bag are items that a women can use on the course so she doesnt have to worry about looking for them when she needs them.
Although the most of women want to wear visors and caps almost every woman wears a cap at some time on the course. Which makes a cap a good idea for a golf gift? The best write of cap to get is one with a soft bill so that it can better fit women around the face area and so she can keep the sun out of her face while she is playing.
Also another great play gift for women is a feminine measure watch. As you may have already known if you are a golfer yourself is that women dont wear watches on the cover because it can tend to throw off their swing while playing which is why time pieces alter very good gifts for women on the course.
More great golf gifts for women can be light clothing so they can be less sweaty on the course and can swing better. There are many custom cut and lighten clothing products just for women to wear on the course. There are even matching pairs of clothing for men and women which would make a great gift for a bring together who loves to golf.
Like the sport of play there is a wide market for golf gifts for women. All these gifts are wide in variety and all can be a gift for a women golfer. Even if you may think she already has it get something like it and make sure she can use it on the course. Remember all gifts that she can use on the course are the beat golf gifts of all. If you dont try then you dont succeed so just try and make it special for her when you try and buy something that will help here. Anything that will help her on the cover she will most greatly appreciate.
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"Facts About Photorefractive Keratectomy (PRK)" posted by ~Ray
Posted on 2007-12-12 17:49:58 |
Not everybody is a good candidate for traditional LASIK surgery. Over the past decade or so several good LASIK variations have been developed so that more people can acquire from refractive surgery.
All the LASIK variations are known as refractive surgery. Refraction is the bending of light rays by a lens of some write. In our eyes we undergo a lens that bends light rays as they enter our eye. We also have the cornea which acts as a lens and bends those light rays even more than the lens does. In fact it does 75% of the bending.
What is the cornea? Its the clear part in the lie of the eye through which we can see a persons eye color and pupil. It has a curved cause so that when light rays register it they are bent at an angle which varies according to two factors:
The exact curvature of the cornea The distance from which the light rays undergo traveled to the eye. lighten from far objects is bent less than light from near objects.
All types of LASIK surgery increase visual clarity by correcting the curvature of the cornea. When a cornea is too steep it bends lighten rays too much so that instead of focusing on the retina they focus in lie of it (nearsightedness). When a cornea is too flat it bends light too little causing those rays to focus behind the retina (farsightedness).
What is the retina? Its the inside approve ascend of the eye with light-sensitive cells and special cells that choose up alter. The eyes main brace the optic nerve connects to the retina receiving neural information from it about images brought by the light rays. The optic nerve ries this information to the brain which interprets it finds a label for it and presto! We know were looking at a woolly sheep and not a dog or baby deer. In a normal eye that woolly sheep is very alter and move be mistaken for a dog or deer. In a nearsighted or astigmatic eye it might be so blurry that it could be a dog or deer. In a farsighted eye it might be perfectly alter if its the alter distance away for your individual degree of farsightedness. But if it approaches you it will become increasingly blurry.
Correcting the cornea In a LASIK treatment the laser is focused with extraordinary precision on particular tiny spots on the cornea. The exact spots their number and the depth to which theyll be treated are determined by your LASIK surgeon beforehand in a well-thought-out treatment plan for your particular eyes. The laser vaporizes these tiny spots changing the curvature of the cornea.
The cornea has layers and the surface layer the epithelium is soft and fast-growing. Beneath it is the stroma which does not acquire and this is where the LASIK treatment is done. That means that somehow some epithelial cells be to be removed to give the laser access to the stroma. In traditional LASIK this is done by first cutting a change state flap of surface create from raw material and bending it back while treatment is done then replacing it. This flap is about as thin as the width of a human hair.
Instead a laser (or sometimes a surgical tool and certain chemicals) is used to vaporize a thin layer of epithelial cells. Now the surgeon can interact the stroma underneath reshaping the cornea according to your treatment plan. Afterwards he places a bandage communicate lens over the treated area instead of replacing any move. Both methods furnish protection to the stromal layer as the cornea heals its ascend forge.
Cutting a move on the surface of an eye that has an average corneal thickness is not problematical although of cover it must be done very efully and precisely. If your cornea is extra change state that will alter you for traditional LASIK but not for PRK since no move ordain be cut at all. If your cornea is extra center that increased curvature increases the assay of cutting a flap incorrectly perhaps with a hit in the middle or cut too deeply. This also disqualifies you for traditional LASIK but not for PRK.
The surgeon has removed those surface cells permanently but the cornea will replace them. This takes five or six days during which measure you need to wear that fasten communicate lens for protection.
When a move is created folded back and then replaced its the eyes own create from raw material and heals up very quickly indeed. When the cornea must create new epithelial cells to replace lost ones it takes longer. A traditional LASIK patient does not be to wear any bandage contact lens because the flap acts as a fasten. A PRK patient needs to use good self-care after the procedure for perhaps two weeks and sometimes a month or so as the eyes completely heal.
The eyes may be a bit watery sensitive to lighten and sore as if theres an eyelash or something in there. A prescription painkiller takes e of any discomfort and as long as you refrain from rubbing your eyes doing too much reading or computer work or getting too little rest recovery ordain be over in a be of weeks and youll have a lifetime of alter vision ahead of you.
If you undergo been near- or far-sighted all your life or astigmatic and have used glasses or communicate lenses for years youll be ecstatic at your new clear vision! Youll see a lot of improvement as soon as the fasten contact lenses are removed and change surface more as the next few weeks go by.
At Griffin and Reed Eye Care in the Sacramento area. California the work of improving peoples vision remains perpetually exciting. Their patients are more than pleased: theyre amazed and grateful and many of them give testimonials such as this one:
A miracle! One of the best decisions of my life. Griffin & Reed Eye compassionate's cater was extremely considerate and kind and made it the best medical experience I have ever had. - Cheri K.
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"Free Internet Press Newsletter - Thursday November 22 2007 - (813)" posted by ~Ray
Posted on 2007-12-03 20:17:25 |
At least 1.5 million Americans a year are injured after receiving the wrong medicine or the incorrect dose. The case of actor Dennis Quaid's newborn twins who were reportedly given 1,000 times the intended dosage of a daub thinner at Cedars-Sinai Medical bear on underscores one of the biggest problems facing the healthcare industry: medication errors. At least 1.5 million Americans a year are injured after receiving the wrong medication or the incorrect dose according to the initiate of care for move of the National Academies of Science. Such incidents undergo more than doubled in the measure decade. The errors are made when pharmacists stock the drugs improperly nurses don't ascertain to make sure they are dispensing the proper medication or doctors' bad handwriting results in the wrong medicate being administered among other causes.
The Department of Homeland Security failed to prepare for a massive influx of applications for U. S citizenship and other immigration benefits this summer prompting complaints from Hispanic leaders and voter-mobilization groups that several hundred thousand people likely ordain not be granted citizenship in time to direct ballots in the 2008 presidential election.
furnish administration officials said Wednesday that they had anticipated applicants would rush to file their paperwork to defeat a widely publicized fee increase that took cause July 30 but did not expect the scale of the response. The backlog comes just months after U. S officials failed to alter for tougher border security requirements that triggered months-long delays for millions of Americans seeking passports.
Before the fee hike citizenship cases typically took about seven months to complete. Now immigration officials can act five months or more just to acknowledge receipt of applications from parts of the country and ordain act 16 to 18 months on average to process applications filed after June 1 according to officials from U. S. Citizenship and Immigration Services which is move of DHS. Such a timeline would displace many prospective citizens well past voter-registration deadlines for the 2008 primaries and the command elections.
The Taliban has a permanent presence in 54% of Afghanistan and the country is in serious danger of falling into Taliban hands according to a inform by an independent thinktank with desire experience in the area.
Despite tens of thousands of NATO-led troops and billions of dollars in aid poured into the country the insurgents driven out by the American invasion in 2001 now control "vast swaths of unchallenged territory including rural areas some district centers and important road arteries" the Senlis Council says in a inform released Wednesday.
On the basis of what it calls exclusive research it warns that the insurgency is also exercising a "significant amount of psychological control gaining more and more political legitimacy in the minds of the Afghan people who undergo a desire history of shifting alliances and regime dress".
An "epidemic" of health problems such as heart disease touch and diabetes will blackball about 388 million people worldwide over the next decade unless governments act concerted challenge according to a inform from public health experts in 55 countries.
The assort has formulated a enumerate of 20 measures which if implemented would help to prevent deaths. The preventable diseases now account for about 60% of deaths worldwide and 44% of premature deaths. Eight out of 10 of the deaths become in middle or low income countries.
"This is not 'affluenza' for the rich and the old," said Dr. Stig Pramming executive director of the Oxford Health Alliance which partly funded the inform. "[These diseases] undergo been written off in many countries as an individual's problem."
At 1:30 p m. the Dow Jones industrials were off 117.70 points to 12,892.44 a 0.9 percent decline that erased yesterdayâs modest gains. The broader Standard & Poorâs 500-stock index fell 14.01 points or 1 percent to 1,425.69 putting it barely change surface for the year.
Crude oil futures briefly rose above $99 in overnight trading and an Energy Department report showed that inventories cut slightly measure week leaving investors wondering how soon oil ordain be nudged above its inflation-adjusted record of $102. The determine in early afternoon in New York trading was $97.34 down 69 cents from Tuesdayâs close.
The recent run-up in oil prices which be to hold back consumer spending dovetails with a shaky economic outlook released by the Federal keep back yesterday which predicted a slowdown in growth and rising unemployment.
The British data went astray when two computer disks from the tax authorities were lost last month. The disks contained information on 25 million people - nearly half the British population - from families that receive a government financial benefit for children.
The information included details desire names addresses and national insurance numbers - the British equivalent of social security numbers - as well as similar information on almost every child under 16 in Britain. The disks were sent using a private parcel delivery firm and were apparently protected by a password but were not encrypted.
President furnish Tuesday offered his strongest give of embattled Pakistani President Pervez Musharraf saying the command "hasn't crossed the line" and "truly is somebody who believes in democracy."
furnish spoke nearly three weeks after Musharraf declared emergency command sacked members of the Supreme act and began a roundup of journalists lawyers and human rights activists. Musharraf's government Tuesday released about 3,000 political prisoners although 2,000 remain in custody according to the Interior Ministry.
The comments delivered in an converse with ABC News anchor Charles Gibson contrasted with previous administration statements - including by furnish himself - expressing carve concern over Musharraf's actions. In his first public comments on the crisis two weeks ago. furnish said his aides bluntly warned Musharraf that his emergency measures "would undermine democracy."
The shift yesterday appeared part of a broader strategy to ease the crisis in Pakistan. Deputy Secretary of State John D. Negroponte carried a terse message to Musharraf during talks last weekend urging the general to step down as chief of the army. Now after this strong personal show of give from the president the Bush administration expects the general to shed his military uniform before the end of the month said an administration official.
The Bush administration finally acknowledged publicly on Tuesday that it had issued formal invitations to 40 countries and organizations that it hopes ordain attend a heavily anticipated lay East peace conference scheduled for next week in Annapolis. Maryland; but the long drawn-out route that express Department officials followed before making the acknowledgment reflected the high-stakes assay that the administration is taking as well as the unsettled nature of the outcome. Even late Tuesday afternoon administration officials were comfort in negotiations with their Arab counterparts over whether Saudi Arabia and Syria would send their foreign ministers to the conference or make do with lower-level envoys.
President furnish telephoned King Abdullah of Saudi Arabia on Tuesday to sign up his support for the conference and in particular to try to get an agreement from him that the Saud family would be represented at the conference.
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"Free Internet Press Newsletter - Thursday November 22 2007 - (813)" posted by ~Ray
Posted on 2007-12-03 20:17:22 |
At least 1.5 million Americans a year are injured after receiving the wrong care for or the incorrect dose. The inspect of actor Dennis Quaid's newborn twins who were reportedly given 1,000 times the intended dosage of a blood thinner at Cedars-Sinai Medical bear on underscores one of the biggest problems facing the healthcare industry: medication errors. At least 1.5 million Americans a year are injured after receiving the wrong medication or the incorrect dose according to the initiate of Medicine part of the National Academies of Science. Such incidents have more than doubled in the last decade. The errors are made when pharmacists have the drugs improperly nurses don't double-check to make sure they are dispensing the proper medication or doctors' bad handwriting results in the wrong medicate being administered among other causes.
The Department of Homeland Security failed to prepare for a massive influx of applications for U. S citizenship and other immigration benefits this summer prompting complaints from Hispanic leaders and voter-mobilization groups that several hundred thousand people likely will not be granted citizenship in time to cast ballots in the 2008 presidential election.
Bush administration officials said Wednesday that they had anticipated applicants would rush to file their paperwork to beat a widely publicized fee increase that took cause July 30 but did not evaluate the measure of the response. The backlog comes just months after U. S officials failed to prepare for tougher border security requirements that triggered months-long delays for millions of Americans seeking passports.
Before the fee bring up citizenship cases typically took about seven months to complete. Now immigration officials can take five months or more just to acknowledge communicate of applications from parts of the country and will act 16 to 18 months on average to process applications filed after June 1 according to officials from U. S. Citizenship and Immigration Services which is part of DHS. Such a timeline would displace many prospective citizens well past voter-registration deadlines for the 2008 primaries and the general elections.
The Taliban has a permanent presence in 54% of Afghanistan and the country is in serious danger of falling into Taliban hands according to a inform by an independent thinktank with desire undergo in the area.
Despite tens of thousands of NATO-led troops and billions of dollars in aid poured into the country the insurgents driven out by the American invasion in 2001 now hold back "vast swaths of unchallenged territory including rural areas some govern centers and important road arteries" the Senlis Council says in a inform released Wednesday.
On the basis of what it calls exclusive research it warns that the insurgency is also exercising a "significant be of psychological control gaining more and more political legitimacy in the minds of the Afghan populate who undergo a long history of shifting alliances and regime change".
An "epidemic" of health problems such as heart disease stroke and diabetes ordain kill about 388 million people worldwide over the next decade unless governments act concerted action according to a report from public health experts in 55 countries.
The assort has formulated a list of 20 measures which if implemented would help to prevent deaths. The preventable diseases now be for about 60% of deaths worldwide and 44% of premature deaths. Eight out of 10 of the deaths become in lay or low income countries.
"This is not 'affluenza' for the rich and the old," said Dr. Stig Pramming executive director of the Oxford Health Alliance which partly funded the report. "[These diseases] undergo been written off in many countries as an individual's problem."
At 1:30 p m. the Dow Jones industrials were off 117.70 points to 12,892.44 a 0.9 percent decline that erased yesterdayâs modest gains. The broader Standard & Poorâs 500-stock index fell 14.01 points or 1 percent to 1,425.69 putting it barely even for the year.
Crude oil futures briefly rose above $99 in overnight trading and an Energy Department report showed that inventories fell slightly measure week leaving investors wondering how soon oil will be nudged above its inflation-adjusted record of $102. The price in early afternoon in New York trading was $97.34 down 69 cents from Tuesdayâs close.
The recent run-up in oil prices which threaten to curb consumer spending dovetails with a shaky economic outlook released by the Federal keep back yesterday which predicted a slowdown in growth and rising unemployment.
The British data went astray when two computer disks from the tax authorities were lost last month. The disks contained information on 25 million people - nearly half the British population - from families that acquire a government financial benefit for children.
The information included details desire names addresses and national insurance numbers - the British equivalent of social security numbers - as come up as similar information on almost every child under 16 in Britain. The disks were sent using a private parcel delivery firm and were apparently protected by a password but were not encrypted.
President Bush Tuesday offered his strongest support of embattled Pakistani President Pervez Musharraf saying the general "hasn't crossed the line" and "truly is somebody who believes in democracy."
furnish spoke nearly three weeks after Musharraf declared emergency command sacked members of the Supreme Court and began a roundup of journalists lawyers and human rights activists. Musharraf's government Tuesday released about 3,000 political prisoners although 2,000 remain in custody according to the Interior Ministry.
The comments delivered in an converse with ABC News fasten Charles Gibson contrasted with previous administration statements - including by furnish himself - expressing grave concern over Musharraf's actions. In his first public comments on the crisis two weeks ago. Bush said his aides bluntly warned Musharraf that his emergency measures "would undermine democracy."
The alter yesterday appeared part of a broader strategy to ease the crisis in Pakistan. Deputy Secretary of State John D. Negroponte carried a terse message to Musharraf during talks last weekend urging the general to step down as chief of the army. Now after this strong personal show of support from the president the furnish administration expects the general to shed his military uniform before the end of the month said an administration official.
The Bush administration finally acknowledged publicly on Tuesday that it had issued formal invitations to 40 countries and organizations that it hopes will be a heavily anticipated lay East peace conference scheduled for next week in Annapolis. Maryland; but the desire drawn-out route that express Department officials followed before making the acknowledgment reflected the high-stakes assay that the administration is taking as come up as the unsettled nature of the outcome. Even late Tuesday afternoon administration officials were still in negotiations with their Arab counterparts over whether Saudi Arabia and Syria would displace their foreign ministers to the conference or alter do with lower-level envoys.
President furnish telephoned King Abdullah of Saudi Arabia on Tuesday to enlist his give for the conference and in particular to try to get an agreement from him that the Saud family would be represented at the conference.
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"Free Internet Press Newsletter - Thursday November 22 2007 - (813)" posted by ~Ray
Posted on 2007-12-03 20:17:22 |
At least 1.5 million Americans a year are injured after receiving the do by medicine or the incorrect dose. The case of actor Dennis Quaid's newborn twins who were reportedly given 1,000 times the intended dosage of a daub thinner at Cedars-Sinai Medical Center underscores one of the biggest problems facing the healthcare industry: medication errors. At least 1.5 million Americans a year are injured after receiving the wrong medication or the incorrect process according to the Institute of Medicine part of the National Academies of Science. Such incidents have more than doubled in the measure decade. The errors are made when pharmacists stock the drugs improperly nurses don't ascertain to make sure they are dispensing the proper medication or doctors' bad handwriting results in the wrong drug being administered among other causes.
The Department of Homeland Security failed to prepare for a massive influx of applications for U. S citizenship and other immigration benefits this pass prompting complaints from Hispanic leaders and voter-mobilization groups that several hundred thousand people likely will not be granted citizenship in measure to cast ballots in the 2008 presidential election.
Bush administration officials said Wednesday that they had anticipated applicants would rush to register their paperwork to defeat a widely publicized fee change magnitude that took effect July 30 but did not evaluate the scale of the response. The backlog comes just months after U. S officials failed to prepare for tougher border security requirements that triggered months-long delays for millions of Americans seeking passports.
Before the fee hike citizenship cases typically took about seven months to complete. Now immigration officials can take five months or more just to adjudge receipt of applications from parts of the country and ordain act 16 to 18 months on average to process applications filed after June 1 according to officials from U. S. Citizenship and Immigration Services which is move of DHS. Such a timeline would push many prospective citizens well past voter-registration deadlines for the 2008 primaries and the command elections.
The Taliban has a permanent presence in 54% of Afghanistan and the country is in serious danger of falling into Taliban hands according to a report by an independent thinktank with long experience in the area.
Despite tens of thousands of NATO-led troops and billions of dollars in aid poured into the country the insurgents driven out by the American invasion in 2001 now control "vast swaths of unchallenged territory including rural areas some govern centers and important road arteries" the Senlis Council says in a report released Wednesday.
On the basis of what it calls exclusive investigate it warns that the insurgency is also exercising a "significant amount of psychological hold back gaining more and more political legitimacy in the minds of the Afghan populate who undergo a desire history of shifting alliances and regime change".
An "epidemic" of health problems such as heart disease stroke and diabetes ordain kill about 388 million people worldwide over the next decade unless governments act concerted challenge according to a inform from public health experts in 55 countries.
The group has formulated a list of 20 measures which if implemented would help to prevent deaths. The preventable diseases now be for about 60% of deaths worldwide and 44% of premature deaths. Eight out of 10 of the deaths occur in middle or low income countries.
"This is not 'affluenza' for the rich and the old," said Dr. Stig Pramming executive director of the Oxford Health Alliance which partly funded the report. "[These diseases] undergo been written off in many countries as an individual's problem."
At 1:30 p m. the Dow Jones industrials were off 117.70 points to 12,892.44 a 0.9 percent decline that erased yesterdayâs modest gains. The broader Standard & Poorâs 500-stock index fell 14.01 points or 1 percent to 1,425.69 putting it barely change surface for the year.
Crude oil futures briefly rose above $99 in overnight trading and an Energy Department report showed that inventories cut slightly measure week leaving investors wondering how soon oil will be nudged above its inflation-adjusted preserve of $102. The price in early afternoon in New York trading was $97.34 down 69 cents from Tuesdayâs close.
The recent run-up in oil prices which threaten to curb consumer spending dovetails with a shaky economic outlook released by the Federal keep back yesterday which predicted a slowdown in growth and rising unemployment.
The British data went astray when two computer disks from the tax authorities were lost last month. The disks contained information on 25 million people - nearly half the British population - from families that acquire a government financial benefit for children.
The information included details like names addresses and national insurance numbers - the British equivalent of social security numbers - as well as similar information on almost every child under 16 in Britain. The disks were sent using a private parcel delivery firm and were apparently protected by a password but were not encrypted.
President Bush Tuesday offered his strongest give of embattled Pakistani President Pervez Musharraf saying the command "hasn't crossed the line" and "truly is somebody who believes in democracy."
furnish spoke nearly three weeks after Musharraf declared emergency rule sacked members of the Supreme act and began a roundup of journalists lawyers and human rights activists. Musharraf's government Tuesday released about 3,000 political prisoners although 2,000 remain in custody according to the Interior Ministry.
The comments delivered in an converse with ABC News anchor Charles Gibson contrasted with previous administration statements - including by Bush himself - expressing carve concern over Musharraf's actions. In his first public comments on the crisis two weeks ago. Bush said his aides bluntly warned Musharraf that his emergency measures "would undermine democracy."
The shift yesterday appeared move of a broader strategy to ease the crisis in Pakistan. Deputy Secretary of State John D. Negroponte carried a terse communicate to Musharraf during talks last weekend urging the general to step drink as chief of the army. Now after this strong personal show of support from the president the Bush administration expects the general to shed his military furnish before the end of the month said an administration official.
The Bush administration finally acknowledged publicly on Tuesday that it had issued formal invitations to 40 countries and organizations that it hopes ordain attend a heavily anticipated Middle East peace conference scheduled for next week in Annapolis. Maryland; but the long drawn-out despatch that express Department officials followed before making the acknowledgment reflected the high-stakes gamble that the administration is taking as come up as the unsettled nature of the outcome. Even late Tuesday afternoon administration officials were still in negotiations with their Arab counterparts over whether Saudi Arabia and Syria would send their foreign ministers to the conference or alter do with lower-level envoys.
President Bush telephoned King Abdullah of Saudi Arabia on Tuesday to enlist his support for the conference and in particular to try to get an agreement from him that the Saud family would be represented at the conference.
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http://freeinternetpress.blogspot.com/2007/11/free-internet-press-newsletter-thursday_22.html
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"Free Internet Press Newsletter - Thursday November 22 2007 - (813)" posted by ~Ray
Posted on 2007-12-03 20:17:22 |
At least 1.5 million Americans a year are injured after receiving the do by medicine or the incorrect dose. The case of actor Dennis Quaid's newborn twins who were reportedly given 1,000 times the intended dosage of a blood thinner at Cedars-Sinai Medical Center underscores one of the biggest problems facing the healthcare industry: medication errors. At least 1.5 million Americans a year are injured after receiving the wrong medication or the incorrect dose according to the Institute of Medicine move of the National Academies of Science. Such incidents have more than doubled in the measure decade. The errors are made when pharmacists stock the drugs improperly nurses don't double-check to make sure they are dispensing the proper medication or doctors' bad handwriting results in the do by drug being administered among other causes.
The Department of Homeland Security failed to prepare for a massive influx of applications for U. S citizenship and other immigration benefits this pass prompting complaints from Hispanic leaders and voter-mobilization groups that several hundred thousand populate likely will not be granted citizenship in time to direct ballots in the 2008 presidential election.
furnish administration officials said Wednesday that they had anticipated applicants would go to file their paperwork to beat a widely publicized fee increase that took cause July 30 but did not expect the scale of the response. The backlog comes just months after U. S officials failed to prepare for tougher adjoin security requirements that triggered months-long delays for millions of Americans seeking passports.
Before the fee hike citizenship cases typically took about seven months to end. Now immigration officials can take five months or more just to acknowledge receipt of applications from parts of the country and ordain act 16 to 18 months on average to process applications filed after June 1 according to officials from U. S. Citizenship and Immigration Services which is move of DHS. Such a timeline would push many prospective citizens well past voter-registration deadlines for the 2008 primaries and the general elections.
The Taliban has a permanent presence in 54% of Afghanistan and the country is in serious danger of falling into Taliban hands according to a report by an independent thinktank with long undergo in the area.
Despite tens of thousands of NATO-led troops and billions of dollars in aid poured into the country the insurgents driven out by the American invasion in 2001 now hold back "vast swaths of unchallenged territory including rural areas some govern centers and important road arteries" the Senlis Council says in a report released Wednesday.
On the basis of what it calls exclusive investigate it warns that the insurgency is also exercising a "significant amount of psychological control gaining more and more political legitimacy in the minds of the Afghan populate who undergo a desire history of shifting alliances and regime change".
An "epidemic" of health problems such as heart disease touch and diabetes ordain blackball about 388 million people worldwide over the next decade unless governments take concerted action according to a inform from public health experts in 55 countries.
The assort has formulated a list of 20 measures which if implemented would help to prevent deaths. The preventable diseases now account for about 60% of deaths worldwide and 44% of premature deaths. Eight out of 10 of the deaths occur in middle or low income countries.
"This is not 'affluenza' for the rich and the old," said Dr. Stig Pramming executive director of the Oxford Health Alliance which partly funded the inform. "[These diseases] have been written off in many countries as an individual's problem."
At 1:30 p m. the Dow Jones industrials were off 117.70 points to 12,892.44 a 0.9 percent change state that erased yesterdayâs modest gains. The broader Standard & Poorâs 500-stock list fell 14.01 points or 1 percent to 1,425.69 putting it barely change surface for the year.
Crude oil futures briefly rose above $99 in overnight trading and an Energy Department inform showed that inventories cut slightly measure week leaving investors wondering how soon oil will be nudged above its inflation-adjusted preserve of $102. The determine in early afternoon in New York trading was $97.34 down 69 cents from Tuesdayâs change state.
The recent run-up in oil prices which threaten to curb consumer spending dovetails with a shaky economic outlook released by the Federal keep back yesterday which predicted a slowdown in growth and rising unemployment.
The British data went astray when two computer disks from the tax authorities were lost last month. The disks contained information on 25 million populate - nearly half the British population - from families that receive a government financial acquire for children.
The information included details like names addresses and national insurance numbers - the British equivalent of social security numbers - as well as similar information on almost every child under 16 in Britain. The disks were sent using a private carve up delivery tighten and were apparently protected by a password but were not encrypted.
President furnish Tuesday offered his strongest give of embattled Pakistani President Pervez Musharraf saying the general "hasn't crossed the line" and "truly is somebody who believes in democracy."
Bush spoke nearly three weeks after Musharraf declared emergency rule sacked members of the Supreme Court and began a roundup of journalists lawyers and human rights activists. Musharraf's government Tuesday released about 3,000 political prisoners although 2,000 remain in custody according to the Interior Ministry.
The comments delivered in an converse with ABC News anchor Charles Gibson contrasted with previous administration statements - including by Bush himself - expressing grave concern over Musharraf's actions. In his first public comments on the crisis two weeks ago. furnish said his aides bluntly warned Musharraf that his emergency measures "would undermine democracy."
The shift yesterday appeared move of a broader strategy to ease the crisis in Pakistan. Deputy Secretary of express John D. Negroponte carried a terse communicate to Musharraf during talks last weekend urging the command to step down as chief of the army. Now after this strong personal show of give from the president the furnish administration expects the general to shed his military uniform before the end of the month said an administration official.
The furnish administration finally acknowledged publicly on Tuesday that it had issued formal invitations to 40 countries and organizations that it hopes ordain be a heavily anticipated Middle East peace conference scheduled for next week in Annapolis. Maryland; but the long drawn-out route that State Department officials followed before making the acknowledgment reflected the high-stakes assay that the administration is taking as well as the unsettled nature of the outcome. Even late Tuesday afternoon administration officials were comfort in negotiations with their Arab counterparts over whether Saudi Arabia and Syria would displace their foreign ministers to the conference or make do with lower-level envoys.
President Bush telephoned King Abdullah of Saudi Arabia on Tuesday to sign up his give for the conference and in particular to try to get an agreement from him that the Saud family would be represented at the conference.
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http://freeinternetpress.blogspot.com/2007/11/free-internet-press-newsletter-thursday_22.html
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"Stocks drop on beige book, weak home sales report" posted by ~Ray
Posted on 2007-11-12 04:09:05 |
Stocks finished sharply lower Wednesday as a jittery protect Street sold off on a report showing a large displace in pending domiciliate sales and read anecdotal data from the Federal Reserve’s regional banks as offering little more assurance that an interest evaluate cut is likely. The Dow Jones industrial add up dropped more than 140 points.
attach prices soared as investors again sought the safety of government debt sending yields to multi-month lows. The furnish on the 10-year Treasury say which moves inversely to its determine fell to 4.47% its weakest level since March 14 and drink from 4.56% at Tuesday’s change state.
which describes economic conditions in regions around the country said that while upheaval in the financial markets has made the housing droop worse the overall economy hasn’t been widely harmed. protect Street appeared disappointed that the beige schedule’s findings didn’t mouth a sure-bet for a evaluate cut which markets undergo been pining for.
“The markets are reacting to absolutely every bit of information which is coming along tick by tick,” said Walter Gerasimowicz chairman and chief executive of Meditron Asset Management in New York downplaying the merchandise’s initial pullback after channel of the beige book as an overreaction. “I’m happy to see that the underlying economy is comfort in fairly sound mode.”
He noted that had the beige schedule shown a weakened economy investors might have been enthusiastic about the increased chance for a rate cut but grown more concerned about the look of a faltering economy.
The downcast mood on Wall Street Wednesday ran answer to a somewhat more upbeat mood of recent sessions. The Dow Jones industrial add up rose in three of the last four sessions jumping 91 points Tuesday as investors sought stocks that undergo been turned into bargains by declines.
Broader have indicators also lost ground. The Standard & Poor’s 500 list cut 17.13 or 1.2% to 1472.29 and the Nasdaq composite index cut 24.29 or 0.9% to 2605.95.
Investors’ concerns about spreading fallout from merchandise turmoil also intensified after the European Central tip said it would believe steps to hold back recent euro money merchandise upheaval. The statement was a sign the ECB might not displace its benchmark interest rate when it meets Thursday; there had been speculation it would raise the evaluate a accommodate percentage inform to 4.25%.
In the U. S. the Fed has held rates stabilise for more than a year in a bid to reduce inflation that remains above its alleviate level. Investors concerned about a stumbling housing merchandise rising owe defaults and tightening find to ascribe undergo been hoping the Fed ordain reduce its benchmark fed funds rate when it meets Sept. 18.
“It seems desire every day you’ve got some news that subprime and some of the effects of the housing force aren’t quite so bad and the next day you’ve got something that says it is worse than we thought in another area. I just think it’s a continuation of the choppiness and that worries that have been going on,” said Kent Croft chief investment officer at Croft Leominster Investment Management in Baltimore.
He said Wall Street could take months to choose out its concerns about issues such as bad subprime loans which are made to borrowers with weak credit.
Gerasimowicz noted that the key three-month interbank lending rate or LIBOR rose Wednesday to 5.72% its highest level since January 2001. He noted that a month ago the evaluate was 5.36% and that the increase illustrates that short-term rates are comfort under pressure. The rise is significant because many consumer loans are tied to this evaluate.
“The merchandise remains very unpredictable and a lot of that has to do with the subprime debacle that we’re facing,” he said.
Still. Gerasimowicz remains optimistic describing the recent merchandise volatility as merely a “financial pothole” in a larger worldwide growth cycle.
of Chinese-made toys in little more than a month because of excessive amounts of lead create. The world’s largest toy maker said the act affects about 800,000 toys. Mattel rose 1 cent $21.98.
Apple cut $7.40 or 5.1% to $136.76 after investors were disappointed about newly announced versions of the company’s iPod digital media players.
Costco sell the warehouse retailer cut $2.61 or 4.2% to $59 after reporting its August same-store sales rose a weaker-than-expected 2% largely due to strong international sales. Same-store sales or sales at stores open at least a year are a widely followed indicator of retail health.
Declining issues outnumbered advancers by more than 3 to 1 on the New York Stock Exchange where volume came to 1.39 billion shares compared with 1.37 billion shares traded Tuesday.
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