The market is euphoric right? No, not by a long shot. The forward 12-month P/E ratio for the S&P 500 is 16.2. This P/E ratio is equal to the 5-year average 16.2. Do you really believe an equity market can express euphoria for a 5-year period? Clearly, the recent February-April period of market correction and consolidation makes the recent market rally appear euphoric. That is the very reason investors need to better understand the markets valuation going forward. Investors and traders alike can get caught up in the moment and fail to see the bigger picture that is expressed through valuation over time.
The major averages all rocketed higher in Wednesday's trade on Wall Street. The Dow led the way with a 1.4% move higher, finishing above the 25K mark for the first time since February. The S&P followed the Dow to a lesser degree, finishing higher by .86% and strongly above recent resistance of 2,750. Oddly enough, the tech heavy Nasdaq, lagged with a mere .67% gain on the day. With equity markets in full-bull mode as of the last 30-40 days, the VIX has steadily declined and finished with a reading of 11.64 on Wednesday.
With equities in rally mode, bonds yields have been creeping higher over the last week and since selling off due to issues surrounding Italy's failure to formulate a government. The 10-year Treasury note yield rose 5.9 basis points to 2.975%, its highest since May 24. The two-year note yield was up by 2.8 basis points to 2.520%, and the 30-year bond yield climbed 5.7 basis points to 3.13 percent. The spread between the 2 and 10-year Treasury yield is threatening to continue to flatten and eventually invert. With the Fed expected to hike rates in the month of June, the closer we get to the action, we would expect equity investors to express greater caution with respect to allocation.
With the bull market now in its 9th year (depending on where one believes it began, 2008 or 2009) many market bears continue to drive the mantra that the market should crash in the near future. The reality is bull markets are not dependent by time or schedules. There is no expiration date assigned to a bull or bear market. Markets expand and contract for a great many reasons.
A significant reason for this bull market cycle is the expansion of the tech sector. In the 1990s, most tech stocks were in a speculative bubble because the companies had no earnings to support their valuations. But that is not the case with the tech sector of this bull market. Earnings are real today and some of the sectors within the overall tech sector produce outsized profits and revenues.
The current bull market resides within an elongated business cycle. This lengthened cycle is due to the initially slow recovery from the financial crisis, which took a psychological toll on the economy.
The Fed's easy monetary policy has also helped the situation, even with the current hike cycle, which has been the slowest hike cycle since 1977.
The tech sector is now the biggest sector in the market as most of the world's largest firms are involved with the mobile Internet. The country went from being dominated by finance, to transportation, to energy, to tech.
The performance of the Internet stocks is very important to the current bull market. They are the market leaders.
The valuation of a country's equity market is partially determined by sector dispersion. America, China, and emerging market Asian Pacific nations have the largest tech sector weightings.
So is the market in a bubble? Finom Group does not believe the market is in a bubble, but we can appreciate that there are many definitions for which to suggest a bubble is a bubble. The 10-year forward 12-month S&P 500 market average PE is just 14.3 when compared to today's 16.2 forward 12-month PE. Of course, that 10-year average is greatly impacted by the 2008 financial crisis. As such, again, it's a matter of perspective and how one chooses to define an inflated market or bubble. Having said that, we would suggest that the market is always right and choosing to fight the market can prove costly.
Do the FAANG Stocks Have Stretched Valuations?
Facebook is trading with a forward P/E of 25.3. This is the cheapest it has been since its IPO. In that year, in 2012, it had a median forward P/E of 198.
Apple has been a value stock for years. Just 2 years ago, in 2016, it traded with a forward P/E of just 12. It's not surprising that that's when Warren Buffett started to buy. It currently trades with a forward P/E of 16.7, which is its highest in years but is in line with the S&P 500.
Amazon has never been about a P/E. But Dave points out, that if you look at other valuations, such as the P/S ratio, which is just 4.29, it doesn't seem overly expensive.
Netflix has never been "cheap". Back in 2012, before the Crown, it was trading with a median forward P/E of 2,190. It has a P/E of 125 now. But investors are buying the growth story.
Alphabet/Google was cheapest in 2012 when it traded at 17x. Since then, it's traded in the 20s. It's current forward P/E of 28 is the most expensive the stock has been on a P/E basis in 6 years.
So what could derail the current bull market cycle? Good question, but not a terribly complex one. Equity markets follow corporate earnings. As corporate earnings remain expansionary, throughout history, equity markets climb higher. Certainly they have fits and starts with geopolitical issues and general fears that arise in the economy from time to time, but overall as corporate earnings go so do equity markets.
A recent index reading surrounding this very question was examined in the Lloyd City Risk Index survey. Man-made risks like cybercrime and interstate conflicts rank among the biggest threats to the world's cities, according to this year's Lloyd City Risk Index. And the No. 1 threat? A financial market crash. The Lloyd City Risk Index, which was created in collaboration with Cambridge University, measures the impact of 22 threats on 279 cities' projected economic output. Should a financial crash occur, the world would lose an estimated $103.33 billion in economic output, according to Lloyd's analysis.
Market crashes generally occur due to some form of excess colliding with some form of deficiency that is left for resolution. While many point to longevity, rising rates, yields, debt:GDP, trade tariffs and many other geopolitical factors that impact investor sentiment, these headline risks will have to impact economic activity and corporate earnings before they ever produce the end of the bull market cycle. With that being said, one of the more substantial supporting aspects of the current bull market cycle and economic expansion continues to be job growth.
Average yearly job growth peaked at 261,000 in February 2015, and has gone through a natural slowing process since. Nevertheless, job growth remains at very healthy levels for this point in the economic cycle. Also of great importance with respect to the labor market and job growth is the recent uptick in the number of jobs created as depicted in the graph below.
With expectations already in place for the economy to accelerate after a slow first quarter, the jobs report confirmed the current U.S. economic outlook. The Atlanta Fed's GDPNow model for second-quarter gross domestic product (GDP) edged up 0.1% after the jobs report to 4.8 percent The New York Fed's model did not change in response to the jobs report, and rests at a lower 3.3% for the second quarter. Bloomberg consensus economist estimates sit at 3.1% for the second quarter and 2.8% for all of 2018.
Historically, it takes average hourly earnings of production and nonsupervisory workers growing at about 3% year over year to get inflation to the Fed's 2% target. Wages rose 2.8% year over year in May, a modest and welcome upside surprise from expectations of 2.7% and still ahead of inflation, but not yet at that 3% threshold. Nevertheless, this was still the fastest pace of wage growth since June 2009, when wages were still early in their post-recession decline (they would bottom in October 2012 at 1.2%). It's also the fourth consecutive month of year-over-year wage growth accelerating, a streak we haven't seen since 2013. Given the Fed's emphasis that its inflation target is symmetrical, indicating comfort with letting inflation run a little hot, we would not consider wages an immediate threat.
At Finom Group we encourage investors to consider the "long game". Certainly this bull market cycle has been a long cycle and will likely set a record before it is complete. The underpinnings of the market are found with strengthening corporate earnings that are on the rise. Many analysts now project corporate earnings to grow around 20% in Q2 2018 and between 18% and 20% for all of 2018. Given the propensity for corporate earnings to produce upside surprises, we may be in for a late-2018 market surprise as well. You simply never know until you know. But always be prepared!
S&P 500 Winning Streak In Jeopardy With Banks Set To Report?
Often times it seems that various people can make intelligent-sounding cases for markets being over-valued, but having lived through several bubbles It does not feel to me that we are in one right now. Not that you must have a bubble or tulip-mania scenario for a significant drawback or bear market to take place.
The dot-com bubble was the one in my life that just seemed the most obvious. New companies were popping up all over with absolutely terrible business models and trading at insane valuations. Giving away free computers and other goings-on to capitalize on the Internet boom and hoping to make the money back through ad revenues seemed like a very lofty proposition to me. The signs were all over the place. Even Amazon's valuations seemed way out of whack for the time.
I don't see anything like that right now on any significant scale.
Another thing, although it does seem like more often than not we do get a kind of boom-crash effect with a modern economy, it is quite possible for a market to correct by moving mostly sideways and letting the passage of time sort things out.
And then there are the others who argue that a crash is imminent simply because the bull market has been running for x-number of years.
How does the old saying go? Something like: "If you keep predicting a crash year after year, eventually you will be correct" Or the simpler one that even a broken clock is right twice a day.


NEW DELHI: Indian rookie pair Prithvi Shaw and Rishabh Pant made substantial gains in the latest ICC Player rankings for Test batsmen following their splendid performance in home series against the West Indies. Indian skipper Virat Kohli retained his number one spot in the rankings.
The 2-0 series result sees top-ranked India gain one point while the West Indies have lost one point, without any change of positions in the ICC Test Team Rankings.


Often times, the home that you buy is not the home that you want. Instead, you have to take the time to install new carpeting, paint the walls or upgrade the appliances. In some cases, remodeling your home is part of properly maintaining it. What are some reasons why upgrading and making changes to your house is an important part of being a homeowner?
The roof that is over your head may only last for 20 years even if is properly cared for. If it is not replaced, it may be vulnerable to leaks or damage from pests or other animals. Appliances such as a washer or refrigerator may also have a limited useful life. At some point, they may no longer work properly or may not work as efficiently as they used to. Making upgrades helps to enhance the functionality of your property as well as help protect it against the elements.
These days, homeowners are looking for open floor plans and greater accessibility in the attic and basement. This means that you may want to consider tearing down a wall in the living room or finishing your basement. Doing so may make it easier to keep an eye on the kids or ensure that you aren't left out of the conversation when you get up to check on food cooking in the oven. Finishing a basement or attic may provide more living space or a place to entertain family or friends when they come over.
Home renovations can be relatively expensive. This may be especially true if you choose to have a contractor do the work for you. Putting on a new roof could cost up to $10,000 or more while finishing a basement could cost $30,000 or more. Therefore, it may be a good idea from a fiscal perspective to do these projects in pieces over several months or years.
Taking on smaller projects on a regular basis may help you to learn new skills. For instance, you may learn how to use a power tool or how to get rid of a popcorn ceiling. These skills can generally be transferred to other projects that you decide to take on either inside or outside the home. By learning how to maintain and upgrade your home on your own, it can save thousands of dollars in labor costs. It can also give you a sense of pride and accomplishment to paint the walls or install an appliance.
When you buy a home, you may only need two bedrooms or have no problem with the fact that the home doesn't have a deck. However, as you get older, you may regret not having a place to cook food on the grill when the weather is nice. You may also have a child or decide to start a business from home, which means that you need additional space. By adding a deck or an additional room, it helps to meet your needs as they evolve without having to buy a new home.
As long as you feel safe in your neighborhood, there is no reason why you can't live in your home for 30 years or more. This is enough time to pay off your mortgage, raise your kids and have time to enjoy the work that you put into owning the property. In some cases, remodeling your home as opposed to buying a new one is the best decision from a financial point of view.
Making changes to your home can keep it in good condition for as long as you own it. In some cases, it may work to increase its value or otherwise help mold the home to best meet your needs. By doing the work over time, you can meet those needs while also staying within your budget.


Victor Sinclair Honey Delight - Buy Premium Cigars Online From 2 Guys Cigars .
Who needa an Afternoon Delight, when you can have a Honey Delight any time day? Honey Delights are one of the most popular sandwich cigars in the world that have the taste of honey. It's a value smoke that is perfect to smoke every day. Made by hand in the Dominican Republic with Dominican tobacco the Honey Delight comes in boxes of 25, and this Taste of Honey, will have you boogie oogie oogie all night long!


As a father, whenever I join a school, I ask myself: is this school good for my own children? Would I send them here? If the answer to these questions is 'no', then I need to ask - why not? What can be done? After all, the children must be at the centre. They are our clients. They are today's learners and tomorrow's leaders.
During the three years at my previous school, where I joined as a deputy and then became the acting head, recruiting and retaining the right staff was an integral part of my work. Ultimately, it was fundamental in the shift from the school's Self Evaluation Form (SEF) score of Requires Improvement (RI) to OFSTED's judgement in March 2017 of GOOD.
When I joined what I thought was a GOOD school in September 2015, it was very clear that the school was no longer deserving of that grade. From numerous learning walks and lesson observations, I quickly realised that the teaching and learning of the school were mostly RI. In fact, some lessons were even worse — over 90% of the lessons the new Senior Leadership Team (SLT) observed were deemed RI or Inadequate. The school wasn't even teaching to the new curriculum — it was two years behind!
As an SLT, we were not harsh. Yes, we were new, but we did not have any agenda to get rid of existing staff, either teachers or TAs. We knew that our job was to nurture staff, to support them and to provide them with training. We wanted to empower them to become the best they could be so that they could buy into the school's strap-line: "Today's Learners; Tomorrow's Leaders".
In order to do this, a skill set audit had to be done. Running appraisals for all staff was crucial. It turns out that the school had paid over £60K to an external agency to provide PE, Music and MFL in order to release staff for their PPA. However, the appraisals showed that some of the TAs had a number of skills to offer that were not being utilised. Some had Level 3 Sport Diploma, and some could speak other languages fluently. So they began to cover PPA. Paying attention to your staff in this way is rewarding in every sense: it can save the school money, raise individual staff morale, and help you retain the staff that the school needs.
Nurture staff, support them… empower them to become the best they can be.
Teachers that were RI (or had RI lessons or worse) received training in a non-patronising way. For instance, staff were sent to neighbouring outstanding schools and 'buddied up'. This allowed the new SLT to network with other schools but also provide training both internally and externally to staff that needed support and new ideas. SLT also modelled lessons so that we were teaching by example.
Sadly, some staff members did end up leaving. One cannot retain everyone, but one must realise that it is by no means personal. If staff fail to meet the Teacher Standards or fail to take on board the support provided, then the school must only do what is right for the children. It is key that from regular briefings and staff meetings, staff know that we are all here for the children.
When some staff did leave, it was vital to then recruit the right candidates for the job. This meant screening their applications forms, seeking strong references and seeing the candidates in action. With safer recruitment training, this meant both observing and interviewing them. This enabled us to assess their understanding of safeguarding issues and helped us ensure that they were more than prepared for the role.
With the right staff, the right morale, the right training and the right growth mindset, the school very quickly transformed from an RI school into a GOOD school, as confirmed by the borough and a former HMI SIP (School Improvement Partners). Whilst the children greatly benefited from the improvements made, the positive effects didn't stop there. We worked closely with the PTA and community. Staff wanted to come to the summer fayres on a Saturday. Staff wanted to run after-school clubs. Staff enjoyed having breakfast provided for them on certain days. Staff enjoyed dressing up as book characters. Staff enjoyed hanging out at the end of term for drinks. The school became a very enjoyable place to work, and I miss it greatly.
Zen Educate is transforming how schools find great teachers.


text:
Child dies after being thrown from exploding bouncy castle
A child has died after being thrown from an inflatable bouncy castle which exploded on a beach.
Eye-witnesses described their horror at watching the little girl in a pink dress, believed to be just four years old, thrown 20 feet into the air when the bouncy castle exploded with a loud bang, reports Telegraph UK.
The Bounce About play area on Gorleston beach, just south of Great Yarmouth in Norfolk, England, was cordoned off on Sunday and a police investigation is now underway.
The play area's owner Curt Johnson, who was not at the scene, said the trampoline had exploded "because of the heat".
Norfolk police were called to the scene at 11.15am, following reports that a child had been "thrown from a bouncy castle."
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Ambulance crews arrived within four minutes and the child, who was in cardiac arrest, received CPR at the scene.
She was taken to James Paget Hospital two miles away but died shortly afterwards. Her family has been informed.
Kara Longshaw, an eyewitness, said: "Just seen the most horrific thing in my life. A bouncy castle exploded at the beach and the child on it was catapulted about 20ft into the air. Please say a prayer for the four-year-old being rushed to hospital after 15 minutes of CPR."
foreign metro

redpajama_set_name: RedPajamaCommonCrawl


text:
"""
homeassistant.components.wink
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Connects to a Wink hub and loads relevant components to control its devices.
"""
import logging

from homeassistant import bootstrap
from homeassistant.loader import get_component
from homeassistant.helpers import validate_config
from homeassistant.helpers.entity import ToggleEntity
from homeassistant.const import (
    EVENT_PLATFORM_DISCOVERED, CONF_ACCESS_TOKEN,
    ATTR_SERVICE, ATTR_DISCOVERED, ATTR_FRIENDLY_NAME)

DOMAIN = "wink"
DEPENDENCIES = []
REQUIREMENTS = ['https://github.com/balloob/python-wink/archive/master.zip'
                '#pywink>=0.1']

DISCOVER_LIGHTS = "wink.lights"
DISCOVER_SWITCHES = "wink.switches"
DISCOVER_SENSORS = "wink.sensors"

def setup(hass, config):
    """ Sets up the Wink component. """
    logger = logging.getLogger(__name__)

    if not validate_config(config, {DOMAIN: [CONF_ACCESS_TOKEN]}, logger):
        return False

    import pywink
    pywink.set_bearer_token(config[DOMAIN][CONF_ACCESS_TOKEN])

    # Load components for the devices in the Wink that we support
    for component_name, func_exists, discovery_type in (
            ('light', pywink.get_bulbs, DISCOVER_LIGHTS),
            ('switch', pywink.get_switches, DISCOVER_SWITCHES),
            ('sensor', pywink.get_sensors, DISCOVER_SENSORS)):

        if func_exists():
            component = get_component(component_name)

            # Ensure component is loaded
            bootstrap.setup_component(hass, component.DOMAIN, config)

            # Fire discovery event
            hass.bus.fire(EVENT_PLATFORM_DISCOVERED, {
                ATTR_SERVICE: discovery_type,
                ATTR_DISCOVERED: {}
            })

    return True

class WinkToggleDevice(ToggleEntity):
    """ Represents a Wink switch within Home Assistant. """

    def __init__(self, wink):
        self.wink = wink

    @property
    def unique_id(self):
        """ Returns the id of this Wink switch. """
        return "{}.{}".format(self.__class__, self.wink.deviceId())

    @property
    def name(self):
        """ Returns the name of the light if any. """
        return self.wink.name()

    @property
    def is_on(self):
        """ True if light is on. """
        return self.wink.state()

    @property
    def state_attributes(self):
        """ Returns optional state attributes. """
        return {
            ATTR_FRIENDLY_NAME: self.wink.name()
        }

    def turn_on(self, **kwargs):
        """ Turns the switch on. """
        self.wink.setState(True)

    def turn_off(self):
        """ Turns the switch off. """
        self.wink.setState(False)

    def update(self):
        """ Update state of the light. """
        self.wink.updateState()

redpajama_set_name: RedPajamaGithub


text:
+44 (0)20 3540 8000 customers@visasupermarket.com
Visa, Passport, and Consular Services
At Visa Supermarket, we saw a demand for an affordable visa & passport services among business travellers & ever curious British holiday makers.
We aim to provide professional services with personal touch. Our knowledge is second to none. Our services are a very cost effective & reflect true value of your time and convenience we aim to provide you while you use our services.
www.visasupermarket.com is produced and maintained by Visa Supermarket UK Ltd, a Company Registered in England under the Registration No. 06270744. We assume no legal liability for the accuracy, completeness, or usefulness of any information disclosed in the site. Links to other Internet sites from this site should not be construed as an endorsement of the views contained therein.
Visa Supermarket UK Ltd is not a government organization or any foreign government's representative in United Kingdom or not affiliated with them. Visa Supermarket UK Ltd will charge service charge in addition to the fees charged by the embassy in lieu of services rendered.
All services provided by us can be obtained directly from offices of relevant diplomatic institution (embassy) of the foreign country in United Kingdom.
Visa Supermarket UK Ltd was established in 2007. Founder, Mr Shilraj Jadeja started the company after working for visa department of High Commission of India in London.
Initially company provided India visa services. In 2008, services were expanded to visas for China, Myanmar, Bangladesh, Pakistan, Srilanka, Nepal, Russia, Kazakhstan, Nigeria, Ghana, Kenya and many other popular tourist & business destinations for UK citizens. Schengen visa services were also introduced for immigrants living in UK wanting to go to European countries.
(Hover Over to Pause)
I received my new passports yesterday afternoon. The old ones were tied together securely with staples and rubber bands so as to form a cute booklet, which looks very impressive and I will keep it like that.
Many thanks for your cooperation, patience, and efficiency. I am really pleased.
– Parminder K. Virdi
Visa Supermarket UK Ltd
9 Gunnery Terrace
Royal Arsenal, London
London SE18 6SW
customers@visasupermarket.com
Visa Supermarket UK Ltd,
Royal Arsenal, London SE18 6SW
© 2018 Visa Supermarket UK Ltd. | Privacy Policy | Disclaimer | Website design by Nice as Pi
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with this.AcceptRefuse


Adrienne Vittadini Perfume by Adrienne Vittadini, Launched by the design house of adrienne vittadini in 1999, adrienne vittadini is classified as a refreshing, oriental fragrance. This feminine scent possesses a blend of lemon and mandarin combined with jasmine and lily of the valley. It is recommended for office wear. All products are original, authentic name brands. We do not sell knockoffs or imitations.


text:
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Taxation Determination
TD 2014/25
Income tax: is bitcoin a 'foreign currency' for the purposes of Division 775 of the Income Tax Assessment Act 1997?
Please note that the PDF version is the authorised version of this ruling.
There is a Compendium for this document: TD 2014/25EC .
This publication provides you with the following level of protection:
This publication (excluding appendixes) is a public ruling for the purposes of the Taxation Administration Act 1953.
A public ruling is an expression of the Commissioner's opinion about the way in which a relevant provision applies, or would apply, to entities generally or to a class of entities in relation to a particular scheme or a class of schemes.
If you rely on this ruling, the Commissioner must apply the law to you in the way set out in the ruling (unless the Commissioner is satisfied that the ruling is incorrect and disadvantages you, in which case the law may be applied to you in a way that is more favourable for you - provided the Commissioner is not prevented from doing so by a time limit imposed by the law). You will be protected from having to pay any underpaid tax, penalty or interest in respect of the matters covered by this ruling if it turns out that it does not correctly state how the relevant provision applies to you.
1. No. Bitcoin is not a 'foreign currency' for the purposes of Division 775 of the Income Tax Assessment Act 1997 (ITAA 1997).[1]
Date of effect
2. This Determination applies to years of income commencing both before and after its date of issue. However, this Determination will not apply to taxpayers to the extent that it conflicts with the terms of a settlement of a dispute agreed to before the date of issue of this Determination (see paragraphs 75 and 76 of Taxation Ruling TR 2006/10).
3. While the ATO view set out in this Determination will have application for periods prior to its publication, the ATO will not generally seek to apply compliance resources to applying this view in income years commencing before 1 July 2014 in relation to taxpayers who can show that they have made a genuine attempt to determine the tax treatment of bitcoin, and have then adopted a consistent position regarding the tax treatment of bitcoin in those years.
Commissioner of Taxation
Appendix 1 - Explanation
This Appendix is provided as information to help you understand how the Commissioner's view has been reached. It does not form part of the binding public ruling.
How is 'foreign currency' relevant for tax purposes?
4. Division 775 provides rules for recognising foreign currency gains and losses for income tax purposes. Under subsection 775-15(4), to the extent that a foreign currency gain would be included in a taxpayer's assessable income under Division 775 and another provision of the Assessment Acts,[2] the gain is only included in the taxpayer's assessable income under Division 775. Subsection 775-30(4) provides a corresponding rule to prevent a double deduction in relation to a foreign currency loss.
5. Section 995-1 provides that 'foreign currency means a currency other than Australian currency'. The terms 'currency' and 'Australian currency' are not defined in the Assessment Acts and therefore take their ordinary meaning having regard to their context and the legislative purpose.
6. Determining whether a bitcoin is 'foreign currency' or 'currency' as those terms are used in the income tax law requires consideration of the characteristics of Bitcoin.
7. The Oxford Dictionary of English (3rd Ed) defines bitcoin as:
a type of digital currency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank: bitcoin has become a hot commodity among speculators | If you want to buy something using bitcoin you need to make sure the seller accepts the cryptocurrency.
8. It is described by commentators as 'a virtual currency that essentially operates as online cash'[3] and as a 'crypto-currency, designed to reinvent the way that money works'.[4] Bitcoin operates as a decentralized peer-to-peer payments network whose implementation relies on the use of public-key cryptography to validate transactions involving existing bitcoin and in doing so generates new bitcoin.[5] The Bitcoin system is decentralized in that it is not under the control of a central authority.[6] Transactions on the Bitcoin network are denominated in bitcoin. The value of bitcoin is 'not derived from gold or government fiat, but from the value that people assign it'.[7]
9. The process through which bitcoin are created and enter into circulation is called 'Bitcoin mining'. Mining involves a 'miner' using freely downloadable Bitcoin software to solve complex cryptographic equations that essentially verify and validate transactions involving the transfer of existing bitcoin between other parties, for example, to ensure an existing bitcoin cannot be transferred more than once by the one person. The first 'miner' to successfully solve an equation receives as a reward a specified number of newly created bitcoin to their 'Bitcoin address'. The process of 'mining' has been explained as follows:[8]
The actual mining of bitcoins is by a purely mathematical process. A useful analogy is with the search for prime numbers: it used to be fairly easy to find the small ones (Eratothenes in Ancient Greece produced the first algorithm for finding them). But as they were found it got harder to find the larger ones.
For bitcoins the search is not actually for prime numbers but to find a sequence of data (called a 'block') that produces a particular pattern when the Bitcoin 'hash' algorithm is applied to the data. When a match occurs the miner obtains a bounty of bitcoins (and also a fee if that block was used to certify a transaction). The size of the bounty reduces as bitcoins around the world are mined.
The difficulty of the search is also increased so that it becomes computationally more difficult to find a match. These two effects combine to reduce over time the rate at which bitcoins are produced and mimic the production rate of a commodity like gold. At some point new bitcoins will not be produced and the only incentive for miners will be transaction fees.
10. Bitcoin that are already in circulation can be acquired either by exchanging 'national' or 'fiat' currencies[9] for them through an online exchange (or through a Bitcoin ATM), or by accepting them as a gift or in exchange for goods and services.
11. Bitcoin are sent and received via Bitcoin addresses. A Bitcoin address is a long alphanumeric string used by the network as an identifier. The address can be generated at no cost by any user of Bitcoin and a person can have any number of Bitcoin addresses.[10]
12. Bitcoin uses public key cryptography to make and verify digital signatures used in bitcoin transactions.[11] Each user is assigned a 'public/private' keypair which is saved in that person's 'Bitcoin wallet'. A Bitcoin wallet has been described as something 'that stores the digital credentials for [a person's] bitcoin holdings'.[12]
13. The public key is an alphanumeric number that mathematically corresponds to the Bitcoin address which is publically known. The private key is also an alphanumeric number; however, it is kept secret as it is what allows bitcoin to be transferred between Bitcoin addresses.[13] The private key is also mathematically related to the Bitcoin address. It is designed so that the Bitcoin address can be calculated from that private key, but importantly, the same cannot be done in reverse.[14]
14. To transfer bitcoin, a person creates a transaction message with the number of bitcoin to be transferred and signs the transaction with their private key.[15] Those bitcoin are associated with the person's public key. The transaction is then broadcast to the Bitcoin network for validation through the Bitcoin mining process.[16] Once validated they are added to the 'block chain', which is a public global ledger of all Bitcoin transactions.
15. A bitcoin is only accessible by the person in possession of the private key that relates to the Bitcoin address associated with that person's bitcoin holdings. Accordingly, a bitcoin consists not just of the numerical amount (or balance) of bitcoin and the Bitcoin address to which they are associated, but also the related private key that allows the holder to do anything with those bitcoin.
Is bitcoin 'currency' under the ordinary meaning of the term?
16. The Macquarie Dictionary relevantly defines 'currency' as:
1. that which is current as a medium of exchange; the money in actual use.
5. circulation, as of coin.
17. This definition suggests one of the core features of currency is that it is ultimately related to, and might be viewed as a species of the broader category of, 'money'. The term 'money' is defined in the Macquarie Dictionary as:
1. gold, silver, or other precious metal pieces of convenient form stamped by public authority and issued as a medium of exchange and measure of value.
2. current coin.
3. coin or certificate (as banknotes, etc.) generally accepted in payment of debts and current transactions.
4. any article or substance similarly used.
5. a particular form or denomination of currency.
6. a money of account.
7. property considered with reference to its pecuniary value.
8. an amount or sum of money.
9. wealth reckoned in terms of money.
10. (plural) Law pecuniary sums.
11. pecuniary profit.
18. In Leask v. Commonwealth[17] (Leask), in finding that subsection 31(1) of the Financial Transaction Reports Act 1988 was a law with respect to 'currency' within the meaning of paragraph 51(xii) of the Commonwealth of Australia Constitution Act 1901, Brennan CJ stated at:[18]
Currency consists of notes or coins of denominations expressed as units of account of a country and is issued under the laws of that country for use as a medium of exchange of wealth.
19. Gummow J further explained:[19]
Section 8(1) of the Currency Act 1965 (Cth) (the Currency Act) states that the monetary unit, or unit of currency, of Australia is the dollar; s 9(1), so far as is material, requires every transaction, dealing, matter or thing relating to money or involving the payment of, or a liability to pay, money to be made, executed, entered into or done according to the currency of Australia, unless the currency of some other country is used; and s 11(1) requires that every payment, unless made according to the currency of some other country, be made according to the currency of Australia.
In Watson v Lee (147), Mason J, with whom Gibbs J agreed, held that s 51(xii) gave the Parliament power 'to control and regulate the receipt and use' in Australia of foreign currency. Barwick CJ and Stephen J (with whom Gibbs J also agreed) spoke to the same effect (168). By parity of reasoning, the power also supports laws to control and regulate the receipt and use of coin and paper money in Australia, being the medium of exchange in Australia.
Stephen J and Mason J also emphasised that, while 'coinage' and 'legal tender' involved quite specific and narrow concepts, the former being concerned with coins as money and the latter with the prescription of that which at any particular time may be a lawful mode of payment, 'currency' was a broader expression. This is exemplified by the provisions of the Currency Act to which I have referred earlier in these reasons. They illustrate the proposition that currency is a universal means of exchange, designated by a particular unit of account (169). (footnotes omitted)
20. The meaning of 'money' was considered in Travelex Limited v. Commissioner of Taxation[20] (Travelex) in the context of the A New Tax System (Goods and Services Tax) Act 1999. The issue in question was whether the taxpayer was entitled to a declaration that a foreign currency exchange transaction was a supply made in relation to rights and, if so, whether the rights were for use outside Australia, such that it was a GST-free supply. In considering when money may be considered to be 'goods' Emmett J stated:
Money is any generally accepted medium of exchange for goods and services and for the payment of debts (see Butterworth's Australian Legal Dictionary at 759). Currency and legal tender are examples of money. However, a thing can be money and can operate as a generally accepted medium and means of exchange, without being legal tender. Therefore, bank notes have historically been treated as money, notwithstanding that they were not legal tender. It is common consent and conduct that gives a thing the character of money (see Miller v. Race (1758) 1 Burrow 452 at 457). Money is that which passes freely from hand to hand throughout the community in final discharge of debts and full payment for commodities, being accepted equally without reference to the character or credit of the person who offers it and without the intention of the person who receives it to consume it or apply it to any other use than in turn to tender it to others in discharge of debts or payment for commodities (see Moss v. Hancock [1899] 2 QB 111 at 116).
21. In Messenger Press Proprietary Ltd v. FC of T(Messenger Press)[21], Perram J considered the test in Moss v. Hancock[22] (Moss) as adopted by Emmett J in Travelex and applied it to promissory notes denominated in a foreign currency paid in exchange for release of a book debt denominated in Australian currency. In concluding that the promissory notes were not 'money' under the Moss concept of money, Perram J noted that:[23]
There was no evidence that the promissory notes had taken on the quality of being able to be used throughout the community for the discharge of debts and, if they did have that quality, any reasonable person would certainly make inquiries as to the 'character or credit' of the issuer before accepting such a note.
22. In relation to the Moss concept of money, Perram J noted that 'no doubt this definition has its limitations'[24] referring to the fact that the Moss formulation did not include the exchange settlement funds held by banks with a central bank as such funds are not available to the community at all, passing only between banks despite the fact that they constitute the monetary base of the payments system. Noting some other deficiencies in the definition, Perram J referred to Mann on the Legal Aspects of Money.[25]
23. In that text, Proctor observes that the formulation in Moss reflects a purely functional approach to the idea of money.[26] It is further suggested that although a legal definition of money should reflect at least some of these functional attributes, for something to be money in the modern sense it must also include an element which recognises the international law requirement that money 'must exist within some form of legal framework, because it reflects an exercise of sovereignty by the State in question'.[27] Proctor then goes on to state:
For anything which is treated as 'money' purely in consequence of local custom or the consent of the parties does not represent or reflect an exercise of monetary sovereignty by the State concerned, and thus cannot be considered as 'money' in a legal sense.[28]
24. It has been argued that bitcoin satisfies the ordinary meaning of money because on a functional approach it satisfies three essential elements for money because it serves as (1) a medium of exchange, (2) a unit of account, and (3) a store of value. In addition, it is argued that there is widespread usage and acceptance of bitcoin in the community as a means of discharging debts and making other payments, and accordingly bitcoin's increasing acceptance has now reached the point that it qualifies as 'money'. This later point is very much a question of fact and degree. The evidence available to the Commissioner informs the view that the current levels of use and acceptance of bitcoin within the community is far short of what may be regarded as sufficient or necessary to satisfy the test in Moss, nor is it a generally accepted medium of exchange as per Travelex.[29] Accordingly, bitcoin does not satisfy the ordinary meaning of money.
25. Ultimately, it is not critical to come to a conclusion on whether bitcoin is covered by the ordinary meanings of currency and money because within the context of section 995-1, the statute is considered to have provided its own particular conception of currency.
Is bitcoin 'currency' taking into account the legislative context and purpose?
26. The Commissioner considers that bitcoin does not constitute 'currency' nor 'foreign currency' in the context in which those terms operate for the purposes of Australian tax law.
27. The legislative context in which the term 'currency' is used is to define 'foreign currency' as something 'other than Australian currency'. Accordingly, Parliament chose to define 'foreign currency' as the antithesis of 'Australian currency'. Therefore it is necessary to consider what the ITAA 1997 means by 'Australian currency' in order to determine in what sense the term 'currency' is being used within the definition of foreign currency.
28. Although the term 'Australian currency' is undefined in the Assessment Acts, it has a legal meaning under Australian law by virtue of the Currency Act 1965 (the Currency Act) as explained above in Leask. It is a general principle of statutory interpretation that, where a statute uses words that have acquired a legal meaning, 'it will be taken, prima facie, that the legislature has intended to use them with that meaning unless a contrary intention clearly appears from the context'.[30]
29. In Gamer's Motors Centre (Newcastle) Pty Ltd v. Natwest Wholesaler Pty Ltd[31] Priestley JA further elaborated:[32]
The object of the approach is not to find the legal as opposed to the 'ordinary' meaning, but to find from the range of legal and ordinary meanings, which in any event will seldom be in watertight compartments, the meanings best suited to the statutory document as a whole.
30. Subsection 8(1) of the Currency Act provides that the unit of currency of Australia is the dollar. The Australian Dollar is the only legally recognised form of payment in Australia (apart from the currency of some other country) under sections 9 and 11 of the Currency Act for the purposes of discharging monetary obligations (see paragraph 19 of this Determination for the relevant aspects of sections 9 and 11 of the Currency Act).
31. Accordingly, the meaning of 'the currency of Australia' (or 'Australian currency') under the Currency Act is the monetary unit established by that Act as the requisite unit of account, and means of discharging monetary obligations, for all transactions and payments that are not made according to the currency of another country. Conversely, 'the currency of some country other than Australia' - the only other species of 'currency' according to which transactions and payments can proceed under the Currency Act - must be any monetary unit recognised by another country's laws for the same purposes. Therefore, the critical character of the Currency Act's concept of 'currency' is State recognition and adoption of a monetary unit under law. This approach under the Currency Act reflects the position taken in Mann on the Legal Aspects of Money, namely that money 'must exist within some form of legal framework, because it reflects an exercise of sovereignty by the State in question'.[33]
32. The Commissioner considers that when defining 'foreign currency' as 'a currency other than Australian currency' in section 995-1, Parliament intended to use the term 'currency' in the same sense that 'currency' is used in the Currency Act - namely, a currency legally recognised and adopted under the laws of a country as the monetary unit and means of discharging monetary obligations for all transactions and payments in that country. Consistent with the Currency Act, this concept of currency is in turn divided into two types for the purposes of the ITAA 1997:
Australian currency, and
every currency that is recognised and adopted by the laws of any other sovereign State as the monetary unit and means of discharging monetary obligations for all transactions and payments in the respective sovereign state (that is, foreign currency).
33. As bitcoin is not a monetary unit recognised and adopted by the laws of any other sovereign State as the means for discharging monetary obligations for all transactions and payments in a sovereign State, it is not 'foreign currency' for the purposes of Division 775 of the ITAA 1997.
Income Tax Consequences
34. As bitcoin is not a foreign currency, Division 775 does not apply and transactions involving bitcoin give rise to the same tax consequences as other barter transactions.[34]
35. Accordingly, a taxpayer that receives bitcoin as payment for goods or services they provide as part of their business, or uses bitcoin to make purchases for their business, is required to include the arm's length Australian dollar value of their bitcoin transactions in calculating their assessable income.
36. The Australian dollar value of bitcoin may increase or decrease between the time a taxpayer acquires and disposes of bitcoin. Whether such fluctuations give rise to ordinary income or capital gains tax (CGT) consequences will depend on the particular facts and circumstances of the taxpayer.
37. Taxation Determination TD 2014/26 Income tax: is bitcoin a CGT asset for the purposes of subsection 108-5(1) of the Income Tax Assessment Act 1997? provides guidance on the CGT consequences of disposing of bitcoin and the anti-overlap rule where both the CGT and the ordinary income provisions apply.
© AUSTRALIAN TAXATION OFFICE FOR THE COMMONWEALTH OF AUSTRALIA
All legislative references in this Determination are to the ITAA 1997 unless otherwise specified.
Except Division 230: By virtue of section 230-20, foreign exchange gains and losses from a Division 230 financial arrangement (if any) are dealt with under Division 230 not under Division 775.
Brito, J and Castillo, A 'Bitcoin: A Primer for Policymakers', Policy, Summer 2013-2014, vol. 29, no. 4, pp 3-12.
Bradbury, D 'The problem with Bitcoin', Computer Fraud & Security November 2013, issue 11, pp 5-8.
Refer to footnote 3 of this Determination.
See also Guthrie, N 'The End of Cash? Bitcoin, the Regulators and the Courts' Banking & Finance Law Review Apr 2014, vol 29, no. 2, pp 355-367; Moore, T 'The promise and perils of digital currencies' International Journal of Critical Infrastructure Protection, 2013, pp 147-149.
Refer footnote 3 of this Determination and see also footnote 6 of this Determination: Guthrie, N at 357 and Moore, T at p 147.
Tindell, K 'Geeks Love the Bitcoin Phenomenon Like They Loved the Internet in 1995' Business Insider 5 April 2013. See also footnote 3 of this Determination.
For example, Australian dollars, US dollars etcetera. 'Fiat money' is defined as 'Money that a government has declared to be legal tender, although it has no intrinsic value and is not backed by reserves. Most of the world's paper money is now fiat money.': A Dictionary of Finance and Banking (Oxford) 4th revised ed.
See footnote 4 of this Determination.
Villasenor, J 'Secure Bitcoin Storage: A Q&A With Three Bitcoin Company CEOs' Forbes 26 April 2014.
Wiener, H, Zelnik, J, Tarshish, I, & Rodgers, M 'Chomping at the Bit: U.S. Federal Income Taxation of Bitcoin Transactions' Journal Of Taxation Of Financial Products (2013) vol. 11, no. 3, pp. 35-47 at 35.
Kondor D, Posfai M, Csabai I, Vattay G 'Do the Rich Get Richer? An Empirical Analysis of the Bitcoin Transaction Network' (2014) PLoS ONE vol. 9, issue 2 pp 1-10 at p 1.
[1996] HCA 29; (1996) 187 CLR 579.
Leask at CLR 595.
Leask at CLR 617-618 and CLR 622.
(Corrigendum dated 4 February 2009) [2008] FCA 1961; 2008 ATC 20-087; (2008) 71 ATR 216.
[2012] FCA 756.
[1899] 2 QB 111.
Messenger Press at 196.
C. Proctor, Mann on the Legal Aspect of Money (Oxford University Press, 6th Ed, 2005) at [1.11].
C. Proctor at [1.12].
Given the anonymous nature of Bitcoin and the fact that a Bitcoin user can have, and usually will have, many Bitcoin addresses, it is difficult to determine precisely the current number of Bitcoin users. Recent estimates are that there are approximately 500,000 Bitcoin users worldwide, and that it is likely that fewer than one in ten businesses would currently accept payment in bitcoin even in the United States, where Bitcoin is most widely used. These rough figures suggest that bitcoin use at present is far from universal and is rather uncommon. For further consideration of this issue see Bank of England 2014, Quarterly Bulletin Q3 2014 - The economics of digital currencies, Bank of England, London, viewed 24 November 2014 http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q3digitalcurrenciesbitcoin2.pdf
Attorney-General (NSW) v. Brewery Employees Union of New South Wales (1908) 6 CLR 469 at 531. See also the other authorities discussed in Pearce and Geddes, Statutory Interpretation in Australia (8th ed, 2014) at 160 [4.13].
(1985) 3 NSWLR 475.
(1985) 3 NSWLR 475 at 484. For an example of the application of this principle, see Johnson v. Native Title Registrar [2014] FCA 142 at [29]-[30].
Proctor, Mann on the Legal Aspects of Money, (6th ed, 2005) at 14 [1.12].
Taxation Ruling IT 2668 Income tax: Barter and Countertrade Transactions provides guidance on the tax treatment of barter transactions.
Previously issued as TD 2014/D11
ATO references:
NO 1-5T2DOY5
Related Rulings/Determinations:
TR 2006/10
GSTR 2014/3
IT 2668
Legislative References:
TAA 1953
ITAA 1997 108-5(1)
ITAA 1997 Div 230
ITAA 1997 230-20
ITAA 1997 775-15(4)
ITAA 1997 995-1
Currency Act 1965 8(1)
Currency Act 1965 9
Currency Act 1965 11
Currency Act 1965 11(1)
Financial Transaction Reports Act 1988 31(1)
Commonwealth of Australia Constitution Act 1901 51(xii)
Case References:
Attorney-General (NSW) v. Brewery Employees Union of New South Wales
(1908) 6 CLR 469
Gamer's Motors Centre (Newcastle) Pty Ltd v Natwest Wholesaler Pty Ltd
(1985) 3 NSWLR 475
Johnson v. Native Title Registrar
[2014] FCA 142
Leask v. Commonwealth
[1996] HCA 29
(1996) 187 CLR 579
(1996) 140 ALR 1
(1996) 70 ALJR 995
96 ATC 5071
(1996) 35 ATR 91
Messenger Press Proprietary Ltd v. FC of T
2012 ATC 20-334
Miller v. Race
(1758) 1 Burrow 452
Moss v. Hancock
[1899] 2 QB 111
Travelex Limited v. Commissioner of Taxation (Corrigendum dated (4 February 2009)
[2008] FCA 1961
(2008) 71 ATR 216
A Dictionary of Finance and Banking (Oxford) 4th revised ed
The Macquarie Dictionary, [Online], viewed 13 August 2014, www.macquariedictionary.com.au.
Oxford Dictionary of English (3rd Ed)
Brito, J and Castillo, A 'Bitcoin: A Primer for Policymakers', Policy, Summer 2013-2014, vol. 29, no. 4
Wiener, H, Zelnik, J, Tarshish, I, & Rodgers, M 'Chomping at the Bit: U.S. Federal Income Taxation of Bitcoin Transactions' Journal Of Taxation Of Financial Products (2013) vol. 11, no. 3
Kondor D, Posfai M, Csabai I, Vattay G 'Do the Rich Get Richer? An Empirical Analysis of the Bitcoin Transaction Network' (2014) PLoS ONE vol. 9, issue 2
Tindell, K 'Geeks Love the Bitcoin Phenomenon Like They Loved the Internet in 1995' Business Insider 5 April 2013
C. Proctor, Mann on the Legal Aspects of Money (Oxford University Press, 6th Ed, 2005)
Villasenor, J 'Secure Bitcoin Storage: A Q&A With Three Bitcoin Company CEOs' Forbes 26 April 2014
Pearce and Geddes, Statutory Interpretation in Australia (8th ed, 2014)
Guthrie, N 'The End of Cash? Bitcoin, the Regulators and the Courts' Banking & Finance Law Review Apr 2014, vol 29, no. 2
Moore, T 'The promise and perils of digital currencies' International Journal of Critical Infrastructure Protection, 2013
Bradbury, D 'The problem with Bitcoin', Computer Fraud & Security November 2013, issue 11
Bank of England 2014, Quarterly Bulletin Q3 2014 - The economics of digital currencies, Bank of England, London, viewed 24 November 2014 http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q3digitalcurrenciesbitcoin2.pdf
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According to Jewish tradition, the Torah is the word of God, which He dictated to Moses who then wrote it down for the Jewish people. Because of this, the Torah is very holy and important to the Jewish religion.
The Torah is the foundation of Judaism. It is the most basic and important of all Jewish texts. All other Jewish texts are based on the Torah and the values in it.
1 Bereishit* - 'in the beginning' Genesis - 'origin(s)' Tells the story of the creation of the world and its early history, then focuses on the family of Abraham and its history.
2 Shemot* - 'names' Exodus - 'going out' Tells the story of the Jews going out from slavery in ancient Egypt and of their subsequent wandering in the desert on the way to the Promised Land (Israel).
3 Vayikra* - 'and he called' Leviticus (having to do with the Levites, the Jewish tribe responsible for religious matters) Deals primarily with many religious rules and regulations.
4 BaMidbar* - 'in the desert' Numbers (called this because in it the Jewish people are twice counted in a census) Continues the story of the Jewish people wandering in the desert on their way to the Promised Land (Israel).
5 Devarim* - 'words' or 'statements' Deuteronomy - 'second law' (this name is based on a mistake in understanding the Hebrew in one of the verses in the book) A long speech given by Moses to the Jewish people shortly before his death and reminding them of their history and God's law. The book ends with the death of Moses shortly before the Jewish people entered the Promised Land (Israel).
* each of these words is a key word in the opening sentence of the book.
These 5 books together are also sometimes called the '5 Books of Moses'.
Because the Torah is so important in Judaism, it is read at least 3 times every week in synagogue (on Monday morning, Thursday morning and Shabbat morning). In weeks where there are special religious occasions, it may be read even more often. The reading on Shabbat mornings is particularly long, usually 3 to 4 chapters. This is because the entire Torah is read in synagogue over the course of one year, and in order to do this it is necessary to read 3 to 4 chapters every week.
When the Torah is read in synagogue, it is read from a Sefer Torah or Torah scroll. The custom of reading the Torah every week is very old – it started before books were invented, and in those days long documents (like the Torah) would be rolled up to make a scroll. The Jewish custom has remained that when the Torah is read in public, it is done from a scroll and not from a book.
Each Torah scroll is hand-written by a sofer (scribe). There are many rules about how to write a Torah scroll and a lot of care is needed to make sure there are no mistakes; it takes about one year of full-time work for a sefer to write a Torah scroll. Even one mistake in a Torah scroll makes it pasul or invalid to be used. It sometimes happens that a letter in a Torah scroll gets damaged so that it cannot be read properly – when this happens, the scroll is also pasul and must be taken to a sofer to be repaired before the scroll may be used again. (See the videos below for more information about how a Torah scroll is written).
Another important thing to know about the public reading of the Torah is that it is done in Hebrew, the language in which the Torah was originally written and which is still the language of Israel. This is done even in countries outside Israel. Also, the text is not read in the way we read ordinary texts – instead it is chanted (sung to a special tune).
This makes reading a Torah scroll in public very hard because the person reading not only has to be able to read Hebrew (which has its own alphabet), but he also has to remember the correct tune to use as it is not written down in the Torah scroll. Most synagogues employ a special reader who does the reading. This means that a person who is 'called up' to read the Torah only has to say the blessings before and after the reading, but the actual reading is done by the special reader.
The 5 Books of Moses are sometimes called the 'written Torah'. That is because there is also an 'oral Torah' which explains and tells us more about what is in the written Torah. The name 'oral Torah' is used because for many generations it was not written down at all but taught and passed down orally (by speaking) – only later was it written down, at first in the Mishnah, and then in the Talmud and other books.
Some people also use the word 'Torah' to mean something more than the 5 Books of Moses – when this happens, it usually means Jewish tradition and values.
Video: A visit to the Sofer (Scribe). (A visit to a Sofer who explains about his job and how a Sefer Torah is made. Note that a Sofer also writes documents other than Torah scrolls, such as the texts which go inside tefillin and a mezuzah).


text:
In Take Shelter, Michael Shannon (Boardwalk Empire) plays Curtis, a blue-collar man who works hard to take care of his loving wife and deaf daughter. This tranquil life is shattered when Curtis begins having disturbing dreams about a coming storm.
This sexy take on a children's story is sure to bring up some uncomfortable questions
Antonio Banderas burst onto the American film scene in 1995 with his star-making turn as El Mariachi in Desperado. Since then, he's added a few more Latin lovers to his filmography, with the latest an orange tabby cat. Beyond retelling the Zorro mythos — which Banderas also tackled in the '90s — Puss in Boots lets you know that the Puss, voiced with breathy charm by Banderas, is one sexy kitty.
Paranormal Activity 3
Discover how one family began their unhappy haunt
Sisters Katie (Katie Featherstone) and Kristi (Sprague Grayden: 24) have terrible luck. In Paranormal Activity, elder sister Katie is terrorized by a glass-breaking, door-slamming demon that wants to possess her. In Paranormal Activity 2, it's little sister's turn to meet this property damage-obsessed dark entity....
The Ides of March
George Clooney is mad as hell, and he's going to make a movie about it!
Steven Meyers (Ryan Gosling: Drive) is on the fast track to political supremacy. He's the social media director for the presidential campaign of Governor Mike Morris (George Clooney: The American). Morris seemed to be a long shot, but his rhetoric of hope and change has struck a chord with Americans sick of their government.
Father and son come together over the clash of steel in this charming robotic boxing film
You guys, in the future Rock'em Sock'em Robots are intense. In the latest CGI opus from director Shawn Levy (Date Night), the year is 2027, when blood-and-guts boxing has been replaced by the more brutal sport of robot boxing.
Something funny happened on the way to chemotherapy
Cancer isn't inherently funny. Yet somehow 50/50 maintains a Mel Brooksian level of levity in the face of tragedy without cheapening the struggles of those battling cancer.
Not bad for a Seth Rogen movie.
Article - Movie Reviews; by Diana Beechener - 9/29/11
Killer Elite
A trio of killers leaves a bloody path and a pretty entertaining movie in their wake
Let's get this out of the way now: Killer Elite is not high art. Though veiled under the pretense of a globe-trotting spy thriller, the movie is basically an excuse to watch attractive men beat the heck out of each other.
And that's fine. In fact, it's pretty fun.
A Hollywood stuntman moonlights as a wheelman but winds up in the mob's crosshairs after a heist goes bad
Los Angeles stunt driver, Driver (Ryan Gosling: Crazy, Stupid, Love.), isn't above moonlighting to make a little extra cash. He offers his services as a wheelman to robbers in the greater L.A. area.
A trio of great performances beats sports movie clichés to make a knock out
The Conlon boys were born to fight. Father Paddy (Nick Nolte: Zookeeper) devoured their youth training young Tommy for wrestling matches and beating the life out of the family while drinking away his Vietnam flashbacks. After years of abuse, his wife makes a plan to run and takes Tommy. Older brother Brendan chooses to stay.
No budget and absurd scripting leave this flick lost in space
In space no one can hear you scream, which is too bad for the astronauts of Apollo 18, since they spend a half the movie shrieking.


The photographs were taken at the pedestrian overpass located in La Sabana, in front of the by the Contraloría General de la República (Comptroller General) building Friday morning, showing how the irresponsibility of some pedestrians.
The "responsible" pedestrians (green dots) use the overpass to get to the other side, meanwhile, the "irresponsible" (red dots) dash acros four lanes of the busy divided highway.
Several weeks ago the the Road Safety Council (Consejo de Seguridad Vial – Cosevi), in conjunction with the State telecom, Kolbi, launched a campaign to give responsible pedestrations using overpasses five minutes of free calls.
In the campaign, pedestrians using an overpass have to look for a Kolbi sign and send a text message, identifying themselves and they will be credited 5 minutes of call time.
However, it seems that the proposal is not tempting for some.
The fine for not using a pedestrian overpass is ¢21,963 colones.


text:
Q: I am getting this message - Could not save as ... because write access was not granted I am getting this message in PS CC. I normally use a PC for all of my editing but my PC is down, so I am using a MAC. This is so foreign to me. I am trying to save a file that I imported in LR.

A: That sounds to me like a file permissions issue:

*

*Check if the file you are trying to open in Photoshop is currently open anywhere else (ie. another program is using it, hence locking write access).

*Right-click the file in Finder and check if your user account has full access privileges to manipulate the file, if not, add them

Hopefully those two hints may get you closer to your desired outcome. Let me know how you get on.

redpajama_set_name: RedPajamaStackExchange


text:
Home / Fees News / DDD – Interdepartmental Fee Requests for Fiscal Year 2013-14
DDD – Interdepartmental Fee Requests for Fiscal Year 2013-14
To: University Business Managers
From: Interdepartmental Fees & Charges Committee Co-Chairs
Dennis Press, University Controller
This memorandum is the annual reminder regarding requests for interdepartmental fees and charges. In accordance with the Campus Interdepartmental Fees & Charges (IF&C) policies and procedures, requests for new interdepartmental fees, revisions to existing interdepartmental fees, and the elimination of interdepartmental fees that will go into effect during Fiscal Year 2013-14 must be submitted to the IF&C Committee no later than Monday, September 17, 2012. Rate increases and new fees received after the deadline will not be considered. The rate review and approval process must be completed and rate revisions and new fees announced to the campus no later than February 15, 2013, in advance of next year's Annual Budget Hearing Process.
All campus units that charge other departments a fee for goods and services should review the "Determination of Fee Oversight Authority" decision diagram on page 4 of the IF&C policies and procedures, and confirm to the Cost Analysis and Compliance department of the Office of Sponsored Research (OSR) your present oversight status in accordance with this decision diagram. Please confirm your oversight review status with Cost Analysis and Compliance by August 17, 2012.
If the decision diagram indicates your operation is a Research Service Center (RSC), the appropriate oversight body is the OSR. RSCs do not need to take further action based on this memorandum. OSR will contact you to establish the nature and timing of your next review. If the decision diagram indicates your operation is an Interdepartmental Service Center (ISC), then the appropriate oversight body is the Interdepartmental Fees & Charges Committee and this memorandum does apply.
Information about the IF&C policies and procedures and other important information is located at the following web site: https://finance.unc.edu/about/finance-committees/. The following information is available on the web site.
List of Interdepartmental Fees and Charges
Interdepartmental Fees and Charges Policies and Procedures
Rate Development Form and Attachments
In summary, requests for interdepartmental fees and charges for fiscal year 2013-14 must be submitted by September 17, 2012 to dennis_press@unc.edu. Requests in Excel format are preferred.
Note: This memo is also being sent to Deans, Directors, and Department Chairs.


The Lobby Bar at Muse La Jolla.
Combining a remarkable architectural pedigree, a singularly prestigious location, unparalleled quality construction, and truly exceptional design, MUSE La Jolla is a project not easily replicated, and one that certainly is an honor to have been involved with.
Situated in one of the most sought after locations in La Jolla and encased in unique 1960's modern architecture, Muse was a decidedly unique project from the beginning.
Initially conceptualized and designed by famed architects Ladd & Kelsey, Muse's structure was built in 1960's using exceptional craftsmanship and exacting standards that are unparalleled today. Our current restoration and renovation preserves the integrity of the original modernist vision, while elevating the property to an elevated seaside retreat.
The Powder Room- Sophisticated, clean-lined materials combine to create a modern, refreshingly simple, yet decadently luxurious atmosphere.
A sophisticated, comfortable lobby and bar- masculine, elegant and inviting. Muse needed to have interiors that complemented its exceptionally beautiful exterior setting.


Tragically, blast induced TBI and PTSD have been dramatically on the rise since the wars in Iraq and Afghanistan. A recent Rand Report estimated that 18.3% of military service personnel deployed to these war zones have PTSD or major depression, and 19.5% have experienced a TBI.
A 2012 study on the safety and efficacy of hyperbaric oxygen therapy (HBOT) in military subjects with chronic blast-induced mild to moderate traumatic brain injury (TBI), post concussive syndrome (PCS) and post-traumatic stress disorder (PTSD) indicated that several symptoms were reduced by undergoing this therapy. HBOT is a medical treatment that uses greater than ambient pressure oxygen as a drug by fully enclosing an individual in a pressure vessel and then adjusting the dose of the oxygen to treat pathophysiologic processes of diseases.
The study was done with 16 participants, all male, with the average age of 30. All subjects were either active duty military or recently discharged active military. All of the participants had sustained at least one brain injury. Fourteen of the subjects had a pre-study diagnosis of TBI/PCS with PTSD, and two of the subjects had TBI/PCS.
Treatment for the subjects during the study consisted of 2 HBOT sessions, twice a day, 5 days a week. Each HBOT session lasted 60 minutes. Participants completed 40 HBOT sessions in total. At the end of the study, 12 of the 15 subjects reported improvement in their symptoms. Short temper/irritability, mood swings, imbalance, photophobia and depression, which were present in a majority of the subjects, were improved 44-93%. Additionally, 64% of the subjects who were on psychoactive or analgesic prescription medication before HBOT decreased or discontinued their medication during the study. Of those participants who noted improvement in their symptoms following the study, 92% still reported improvement six months after the study. Sixty four percent of the subjects on psychoactive and narcotic prescription medications were able to decrease or eliminate the use of these medications.
While this was just a small test group, the results seem promising and I am sure more research and study will be occurring in the years and months ahead.
 Harch PG, Andrews SR, Fogarty EF, Amen D, Pezzullo JC, Lucarini J, Aubrey C, Taylor DV, Staab PK, Van Meter KW, "A phase I study of low-pressure hyperbaric oxygen therapy for blast-induced post-concussion syndrome and post-traumatic stress disorder." J Neurotrauma. 2012 Jan 1;29(1):168-85. doi: 10.1089/neu.2011.1895. Epub 2011 Nov 22.


text:
Підрозділи окружного секретаріату Шрі-Ланки, скорочено підрозділи ОС — адміністративна одиниця третього рівня адміністративного поділу Шрі-Ланки. Спочатку були засновані на феодальних округах, коралах і ратах.

Всього є 331 підрозділ ОС які поділяються загалом на 14 021 Грама Ніладхарі.

Підрозділи окружного серкетаріату за округом

Центральна провінція

Округ Канді

Округ Матале

Округ Нувара-Елія

Східна провінція

Округ Ампара

Округ Баттікалоа

Округ Тринкомалі

Північно-Центральна провінція

Округ Анурадхапура

Округ Полоннарува

Північна провінція

Округ Джафна

Округ Кіліноччі

Округ Маннар

Округ Муллайтіву

Округ Вавунія

Північно-Західна провінція

Округ Курунегала

Округ Путталам

Сабарагамува

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Округ Ратнапура

Південна провінція

Округ Галле

Округ Хамбантота

Округ Матара

Провінція Ува

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Округ Монерагала

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Округ Коломбо

Округ Гампаха

Округ Калутара

Див. також
 Округи Шрі-Ланки
 Провінції Шрі-Ланки
 Грама-Ніладхарі

Примітки

Адміністративний поділ Шрі-Ланки
Підрозділи окружного секретаріату Шрі-Ланки

redpajama_set_name: RedPajamaWikipedia


Abu Dhabi Securities Exchange (ADX), with a turnover of $135 billion, presented a technical document that defines the standards for the crypto and distributed ledger infrastructure.
The exchange's "thought paper" defines technical and operational standards for the issuance of crypto assets. It can greatly facilitate the financial institutions' operations that are moving from the issuance of ordinary assets to the issuance of more encrypted ones.
According to ADX's Executive Director Rashed Al Blooshi, their latest development emerged as a response to the growing Blockchain infrastructure development in the region. He acknowledged that as the transition will move from old to new finance, their regulatory practices would have to be accelerated.
"Financial market infrastructure plays a pivotal role in supporting crypto markets, offering investor protection, preventing market fragmentation, as well as making it possible for financial institutions to provide advanced services in the field of crypto-assets. At ADX, we embrace new and innovative technology and are always looking to capitalize on advances in FinTech; particularly in crypto-assets to optimize the benefits we offer to our investors and stakeholders," the financier noted.
In Abu Dhabi, there is an increasing number of public and private digital ledger projects in the field of international trade, transport, energy, health, and education. Similar pilot projects are likely to launch their own tokens to attract new investors and prove voting and property rights. At the same time, many of them may be weak and fail after some time. Numerous fallings of such digital projects were the reason for local regulators to pay attention for updating rules since the given unique ways of assets issuing can't be used in FinTech and DLT areas.
ADX exchange's "thought paper" was released in cooperation with Central Securities Depositories. It may be the first important step to ensure maximum protection of investors in the regional crypto assets sector developing.
Emirates Securities and Commodities Authority (ESCA), the area's local regulator, develops its own ICO regulation rules with the support of an unnamed international organization, which is rumored to be the International Securities Service Association, ISSA.
Earlier in October, the regulator spoke about an interest towards introducing initial coin offering (ICO) for capital markets. ADX is currently developing an ICO trading platform for this initiative.


Chris Jackson, Microsoft's worldwide lead for cybersecurity, really doesn't want enterprise customers to use IE for all web traffic, even though for some organizations that would be the easiest option.
Companies in that situation are willing to take on 'technical debt', such as paying for extended support for a legacy software, but that habit needs to stop in the case of IE, argues Jackson in a new blog post, 'The perils of using Internet Explorer as your default browser'.
The main gist of Jackson's argument is you should only use IE selectively for internal sites that need it, pointing to tools like Enterprise Mode Site List in IE 11 that help customers make the transition and limit IE use to where it's needed.
Jackson doesn't mention anywhere that customers should use Edge, the soon-to-be Chromium-based browser. Nor does he suggest using Chrome or Firefox, only that most developers aren't testing sites for IE.
"I'm not here to enforce any browser on anyone. Windows gives you a choice in your browser, and you should choose the one that best meets your needs," he replied to one commenter.
Jackson doesn't even consider IE to be a browser, at least in the modern, standards-based sense.
"You see, Internet Explorer is a compatibility solution," wrote Jackson in the blog. "We're not supporting new web standards for it and, while many sites work fine, developers by and large just aren't testing for Internet Explorer these days. They're testing on modern browsers.
"So, if we continued our previous approach, you would end up in a scenario where, by optimizing for the things you have, you end up not being able to use new apps as they come out. As new apps are coming out with greater frequency, what we want to help you do is avoid having to miss out on a progressively larger portion of the web."
Jackson admits that Microsoft is partly to blame for customers' willingness to take on technical debt. In particular, he singles out Internet Explorer 6, released in 2001, the year of Microsoft's IE-Windows antitrust settlement in the US.
In a section called 'Creating technical debt by default', Jackson notes: "In the past, Internet Explorer was optimized for simplicity at the expense of technical debt. Looking all the way back to Internet Explorer 6, the very concept of 'standards mode' vs 'quirks mode' comes from this 'easy button' approach."
More effort on the part of IT teams was required to get to standards mode, which made "getting modern" an opt-in choice.
Jackson explains that as IE began to support more standards, Microsoft also realized it risked breaking applications written for an older interpretation of the standards.
"So, with Internet Explorer 8 (IE8), we added IE8 standards, but also kept Internet Explorer 7 (IE7) standards. That meant, for sites in the internet zone, it would default to IE8 standards, but, for sites in the local intranet zone, it would default to IE7 standards," explains Jackson, noting this was also an 'easy button' solution.
"As you can see, by going with the 'technical debt by default' approach, we ended up in a scenario whereby if you create a brand-new webpage today, run it in the local intranet zone, and don't add any additional markup, you will end up using a 1999 implementation of web standards by default. Yikes."


text:
Q: How to improve performance by processing database results in parallel? I have a .net application which runs in the region of 20 to 30 SQL queries and processes the results 1 at a time. I have been trying to increase performance by doing some work in parallel.
2 of the queries take 75% of the time, purely because of the amount of data they return. My initial experiments have been to try to split these queries into 4 buckets using ntile and process each datareader in parallel. If anything this takes a lot longer, I think because of the extra work involved using NTILE + querying the DB 4 times instead of 1.
Can anyone suggest other techniques to try or am I just wasting my time here? The code below is part of a utility class which allows me to queue up the functions which process the reader. So using my NTILE experiment I queue up 4 tasks each processing 1/4 of the data (where ntile =1, 2, 3, 4) and call Execute to run them in parallel.
foreach (var keyValuePair in m_Tasks)
            {
                var sql = keyValuePair.Key;
                var task = keyValuePair.Value;

                var conn = new OracleConnection(ConnectionString);
                conn.BeginOpen(o=> {
                    conn.EndOpen(o);
                    var cmd = conn.CreateCommand();
                    cmd.CommandText = sql;

                    cmd.BeginExecuteReader(a =>
                    {
                        var reader = cmd.EndExecuteReader(a);
                        DateTime endIO = DateTime.Now;
                        Console.WriteLine(TaskName + " " + Thread.CurrentThread.ManagedThreadId + "  IO took: " + (endIO - startTime) + " ended at " + endIO);

                        DateTime taskStart = DateTime.Now;
                        task(reader);
                        DateTime endTAsk = DateTime.Now;
                        Console.WriteLine(TaskName + " " + Thread.CurrentThread.ManagedThreadId + " TAsk took: " + (endTAsk - taskStart) + " ended at " + endTAsk);
                        reader.Close();
                        conn.Close();

                        if (Interlocked.Decrement(ref numTasks) == 0)
                        {
                            finishedEvent.Set();
                        }

                    }, null);

                },
                null

                    );

            }

            finishedEvent.WaitOne();
            DateTime endExecute = DateTime.Now;
            Console.WriteLine(TaskName + " " + Thread.CurrentThread.ManagedThreadId + " EXECUTE took: " + (endExecute - startTime) + " ended at " + endExecute);

        }

Thanks for any help.

A: I think you're right that the cost of doing the NTILE is outweighing the saving of the parallelism.
You need to use something that will split the query sets into clearly separated sets.
If your queries are returning less than 15% of the total data (approximately) then breaking down the tables on an index (either an indexed field, or functional index) is probably your best starting point.
Example :
Presuming your data has a numeric pseudo-key on each row, create a functional index on MOD(Id,4) - this would give you an Index based version of your NTILE approach.
(I don't think you can have a functional index on an NTILE).
This specific approach is probably counter-productive - you would be getting data from the same blocks in different threads, so potentially increasing I/O (depends on memory).
The way that Oracle parallel query tends to do it - provided you want to process over 15% of the data in the table - is to simply break the table into N physical chunks (using the rowid) and then run N 'full scans' on those chunks.
I'm not sure if you can replicate this approach from the front-end. Splitting on a key id adds in the cost of going through the index to each row.
What you probably want is something that splits the table by something other than the key, or if you split on key, split it by ranges rather than the NTILE approach.

A: I use OracleCommand.Fetchsize to improve perfomance on large Queries.
cmd.FetchSize = &H100000  '1Mb
Dim Rdr = cmd.ExecuteReader

Some time ago, I use Async Readers for get Blob Data. But to use Async Reader you need maintain an array with each async Result an loop until last Reader ends.
   Public Shared Function FromBlob(ByVal Id As String, ByVal Rv As String, ByVal cn As OracleConnection) As Proyecto
     Dim n As Integer, Prj As Proyecto = Nothing
     Dim Bf(2)() As Byte, arrAr(2) As IAsyncResult 'Para proceso asíncrono

     Dim Cmd As New OracleCommand( _
         "Select rv,fecha,Datos From Proyectos Where Id=:Id and Rv in (:Rv,'Av','Est')", cn)
     Cmd.BindByName = True
     Cmd.Parameters.Add("Id", OracleDbType.Varchar2, Id, ParameterDirection.Input)
     Cmd.Parameters.Add("Rv", OracleDbType.Varchar2, Rv, ParameterDirection.Input)
     If Rv Is Nothing Then Prj = Proyecto.Actprj
     Try
        Using Rdr As OracleDataReader = Cmd.ExecuteReader
            Do Until Rdr.Read = False
                Dim rv1 As String = Rdr.GetString(0)
                Select Case rv1
                    Case "Av" : n = 1   'Avance TND
                    Case "Est" : n = 2  'Datos Seguimiento Estudio Seguridad
                    Case Else : n = 0
                End Select
                If Rdr.IsDBNull(2) = False Then
                   Dim Blob As OracleBlob = Rdr.GetOracleBlob(2)
                   Dim Buffer(CInt(Blob.Length)) As Byte
                   Bf(n) = Buffer
                   arrAr(n) = Blob.BeginRead(Buffer, 0, Buffer.Length, Nothing, Blob)
                End If
            Loop
            If Bf(0) Is Nothing AndAlso Prj Is Nothing Then _
               MessageBox.Show("Fallo al cargar proyecto") : Return Nothing
            For n = 0 To Bf.Length - 1
                Dim ar As IAsyncResult = arrAr(n)
                If ar IsNot Nothing AndAlso ar.AsyncWaitHandle.WaitOne() Then
                   Dim blob As OracleBlob = DirectCast(ar.AsyncState, OracleBlob)
                   blob.EndRead(ar)
                   blob.Dispose()
                   If ar.IsCompleted Then
                      Using rd As New BinReader(New MemoryStream(Bf(n)))
                          If n = 0 Then
                             Prj = New Proyecto(rd, False)
                          Else
                             Dim entry = Proyecto.Entry.FromLob(rd), Index = Prj.IndexOf(entry)
                             If Index < 0 Then Prj.Add(entry) Else Prj(Index) = entry
                          End If
                      End Using
                   End If
                End If
            Next
        End Using
        Catch ex As Exception
            MessageBox.Show(ex.Message)
     End Try
     Return Prj
  End Function

A: You can use Ref Cursor with Oracle to execute some Sql with one OracleCommand:
  Dim cmd As New OracleCommand("Begin " _
  & "Open :1 for Select T.CODTRA,SIM,JLA CAL,SUP,RESP,SERV,SubStr(Aparato,1,3) SIS,PERS,(nvl(DUR,0) * 60) as Dur,t.DESTRA,g.DesTra Destrae,OBS from " & TraRec & " T, Trarec_Gee g where T.codtra <> 'RV' and T.Codtra=G.Codtra(+);" _
  & "Open :2 for Select Red,descr from Redes;" _
  & "Open :3 for Select * from Tr_Redes;" _
  & "Open :4 for Select CODTRA,T_COND,COND,DEMORA * 60 as DEMORA from " & TrCondic _
  & ";end;", cn)

  For n = 0 To 3 : cmd.Parameters.Add(Nothing, OracleDbType.RefCursor, ParameterDirection.Output) : Next
  Dim da As New OracleDataAdapter(cmd)
  da.Fill(0, 0, ds.Tnd, ds.Redes, ds.TrRedes, ds.TrCondic)

Note: Da.Fill(0, 0, T1, T2 ...) is a Oracle especific function to retrieve many tables on a single statement.

A: Ultimately it has turned out to be an IO bound problem. I've been able to achieve perf improvements by doing the IO asynchronously. NTILE on ROWID does what I wanted but so far it hasn't helped because the problem is IO bound.


Former sorority sisters Francine Sanchez and Julie Marcus-Downs are determined to have a fierce and fabulous joint 40th birthday party. Francine and Julie are elated when eccentric party planner, Sarina, promises them the world – including a private jet, "aerial bartenders," and a serenade from their favorite band, Train. But will Sarina deliver on her lofty promises, or will the ladies be left feeling like they're on the wrong track?
Get ready to be fierce and fabulous with Julie and Francine's party pics!
Julie and Francine only want one thing for their 40th: Train. Instead, they get awkward dancing spoken word poetry.
What did these "Soul Sisters" really think of the spoken word poetry? See their reactions here!
Find out which lady kept the party going all night with footage from the after party — and who's feeling it the next day!
Will This Fab 40th End in Disaster?
This double 40th celebration might be over before it begins.
Flip through photos of Julie and Francine's past birthday parties before they turned the big 4-0!


text:
Raptors win first National Basketball Association championship, beat Warriors 114-110
by Rogelio Becker
Hard work pays off I PROMISE! The champion Raptors head into the summer hoping the franchise's first championship will be enough to persuade star Kawhi Leonard, a free agent, to stay in Toronto. As she stood in line outside a downtown Toronto store, Chrysanthou said her husband was on standby to hit another shop in case the one she was at sold out.
The NBA Finals had a wild impact on next year's championship odds, leaving the Los Angeles Lakers as the favorites at some sportsbooks and the injury-riddled Golden State Warriors as second-tier contenders.
The three-time National Basketball Association champion knocked down both free throws to give his team a momentarily 85-80 lead but then left the court for good. It was kind of a fitting way our whole season where something went bad, we didn't react, we just went to the next play and we made the next play. "I don't know if it's related to five straight seasons of playing a hundred plus games and just all the wear and tear, but it's devastating".
Both are likely to miss significant time next season - though Thompson has a chance to return in February or March.
Kelly said the sheriff's office chose to "take the high road" by not arresting Ujiri on national television, but it is clear they want Ujiri to be held accountable. In fact, compared to Game 6 of the 2016 rematch between the Warriors and the then LeBron James-led Cleveland Cavaliers, last night dropped a mere 8% in metered market ratings. He was the game's leading scorer with 30 points before the injury.
Gulf of Oman tanker attacks
United States defense officials believe that the Iranians were seeking to recover evidence of their involvement in the attack. Asked how he planned to address Tehran and prevent any further incidents, Mr Trump told Fox News: "We're going to see".
Golden State already was down two-time reigning NBA Finals MVP Kevin Durant, who had surgery Wednesday for a ruptured right Achilles tendon.
The Warriors confirmed the 29-year-old underwent an MRI scan after the game to confirm the extent of the injury, but did not offer a timeline for his recovery.
Despite his allegiance to the Raptors, Drake is close with both Curry and Durant, and he even has a tattoo with both of their jersey numbers on his arm.
"We'll be thinking about this one, it's tough", said Curry, who had 21 points in the loss.
Alex Morgan defends US celebrations against Thailand
U.S. and Thailand are the last teams to kickoff the World Cup
Eden Hazard's two possible shirt numbers at Real Madrid
Emmy Nominations 2019 Facts and Figures - Multi-Nominations, Snubs 7/17/2019
Serena praises Halep in Wimbledon defeat: 'Simona just played her heart out' 7/15/2019
Novak Djokovic beats Roger Federer to win fifth Wimbledon title 7/15/2019
New York massive power outages darkens homes, streets and subway stations 7/15/2019
Everwood and Grey's Anatomy Actress Stephanie Niznik dead at 52 7/14/2019
Amazon India to offer Prime membership at half price to these users 7/13/2019
The Duchess of Sussex, Meghan Markle slammed for holding baby Archie badly 7/12/2019
Thunder Make Paul George Trade Official; Sam Presti Issues Statement 7/11/2019
Spider-Man Far From Home Director Talks Spider-Man PS4 Influence 7/10/2019
Watch Mariah Carey's extremely extra bottle cap challenge 7/09/2019
United States companies warn Trump on China tariffs
And Trump has threatened to impose tariffs on another $ 300 billion in Chinese imports. The companies said those tariffs are taxes they end up paying, not China.
Kyrie Irving 'Prepared' to Sign With Brooklyn Nets
But the dots are connecting to create a convincing picture that Irving will end up in Brooklyn. Irving parted ways with agent Jeff Wechsler this week and will sign with Roc Nation.
Huawei Delays Mate X So As to Not 'Destroy Its Reputation'
"We don't want to launch a product to destroy our reputation", the Huawei spokesperson was quoted as saying by CNBC . The company is developing its own OS plan B, dubbed Hongmeng in China and Ark outside it.
Open TV coverage: How to watch the first round at Pebble Beach
We got to Chambers Bay and watched the ball dance down fairways like a pinball machine and bounce on greens like a Plinko board. It's here in Pebble Beach in McIlroy's suitcase, but being in Warriors land it's unlikely to make an appearance this week.
Donald Trump has a 'feeling' US, China can strike trade deal
Although Trump has said that he plans to meet with Xi in Japan, China has not publicly said that such a meeting would take place. It also wants curbs on subsidies for Chinese state-owned enterprises and better access for US firms in Chinese markets.
Efforts to raise sunken Danube tour boat starting in Hungary
Hungarian police on Saturday recovered the body of one female passenger in her 20s some 22 km away from the scene of the sinking. The Mermaid sightseeing boat overturned after colliding with a much larger river cruise ship on a busy stretch of the Danube.
Romelu Lukaku calls for Manchester United to decide future
Speaking after the game, Lukaku again hinted at a move from Old Trafford. "I just play my football and we'll take it from there".
Trump says United States to 'do something' about French wine tariffs
"If somebody called from a country - Norway - we have information on your opponent, oh, I think I'd want to hear it". Still, Mexico's government said on Monday it had 45 days to show its measures were yielding results.
Iran increases production of low-enriched uranium, according to IAEA
In response, Musavi said that European officials "are not in a position to question Iran's issues beyond the nuclear deal". Trump also reinstated tough sanctions on Iran , targeting its oil sector.
Despite the victory, Meduza says the work to prevent anyone else being treated in a similar way has only just begun. Newshounds With out Borders tweeted: "We hail the historic mobilisation of the Russian civil society".
The diplomat said that it is not seeking to increase or expand sanctions on North Korea, but merely to implement existing ones.
Knicks Should Pay Max For Durant Despite Injury
Though his injury is extremely concerning, opportunities to acquire players of his stature come around only so often. Durant had returned in Game 5 after being sidelined for over a month due to a strained calf in the same leg.
On 13 June, the cyclone is likely to touch Porbandar and Muhuva around Veraval and Diu region at a speed of 110-120 km per hour. Cyclone Vayu is now raging its way towards Gujarat's coastline and is expected to make landfall by Thursday morning.
Avengers game gets May 2020 release date at E3 2019, preorder here
Some details about the game leaked prior to E3 2019 in an accidental listing on the E3 Coliseum website, which was later removed. The PlayStation version, however, will include early beta access and unique benefits that will be revealed at a future date.
Maurizio Sarri deal could trigger Frank Lampard approach from Chelsea
Sarri used to coach Empoli and the Serie A side's president, Corsi, has opened up on his contact with the still Chelsea manager. Sarri is set to replace Massimiliano Allegri - who has also been linked with Chelsea - at Italian champions Juventus .
Brendon Urie steps in support of Taylor Swift, slams Scooter Braun7/04/2019
Khloe Kardashian Slammed For Calling Jordyn Woods "Fat" In "KUWTK" Finale7/02/2019
Trump says US, North Korea agree to resume nuclear talks within weeks7/01/2019
Yankees Beat Red Sox 17-13 In London6/30/2019
Meghan Markle Makes Surprise Appearance With Prince Harry at a Baseball Game6/30/2019
United States of America women's team knocks out France, heads to World Cup Semifinals6/29/2019
LeBron James giving Anthony Davis the No. 23 with Lakers6/29/2019
Star-studded cast to perform live reading of 'The Mueller Report'6/28/2019
'Teen Mom OG' Star Amber Portwood Arrested for Domestic Battery in Indianapolis7/06/2019
The tank is full - Federer sounds Wimbledon warning7/06/2019
Rashmi Gautam on Bottle Top/Cap Challenge: How bloody jobless are people7/05/2019
Duchess Kate hosts picnic in her "Back to Nature" garden7/04/2019


text:
Rock Talk Blog
Frank Zappa and Beyond
It's been a while since I have done a vinyl project entry. I was on a roll for a short while, going through Ted's record collection from Z-A and then got to Zappa. Yes, I didn't make it too far before finding myself stymied. Why you ask? Well, Zappa is so prolific, and there were many records to listen too. Hardly a chore, as I'm a fan. But how do you sum up these records when they are so diverse? Also, the analysis for why Ted might have liked these records is pretty simple: He was a guy. I don't have one male friend who isn't a Zappa fan. I can't say as much for the opposite sex, and it's no surprise since this band and it's following is a straight up testicle festival. But I dig these records, so let's just jump right to my favorite of all:
Hot Rats – released 1969
Condition: record cover – fair, vinyl – good
Price: unknown (but let's be real, PRICELESS)
Wow, what a record! Starting at track one, "Peaches en Regalia", you are barraged with a sonic collage that is just delightful to listen to. This record is a decidedly jazzy bunch of songs that are so well composed and intricate. I heard through the grapevine that Zappa was never formally trained in music composition, and that he learned everything he knew from books he took out from the public library. That's impressive. I also learned that early in his recording career, he got busted for producing some soundtracks that were used for a porno movie, and he was very resentful about this. It could explain why his lyrics have rather suggestive overtones on almost every track that involves vocals. Take that prudish world! For some this might be a turnoff. I find his lyrics humorous, but then again, it's a fine line. When I say this, I'm not talking about the songs being raunchy, but verging on the vibes of Weird Al Yankovic. Really, one could easily find the sardonic humor in these songs to be plain old adolescent, and would not be wrong. But I find myself listening to Zappa songs and consistently chuckling over a lyric as the song delves into a wailing freaked-out Frank guitar solo. It's been said that Frank is a very underrated guitar player, and I'd agree. He really shreds. I think he only seem lack luster because the rest of the band is ridiculously tight and talented. This virtuosity really shines on Hot Rats, a unique record in that it's very instrumental heavy and not overly busy in the lyrics department. Captain Beefheart is featured on this record and his vocals really work well, especially on the track "Willie the Pimp". He is so nasty sounding and compliments the fat cacophony of sound churned out by the band. This multitracked wonderland apparently was recorded on a homemade 16 track recorder that Frank jerry-rigged together back in 1969. He used all kinds of multitracking and varispeed tricks, especially with drum tracks, to create the sound. This guy was a rock MacGyver!
So beyond Zappa, I was faced with a bunch of Neil Young records, followed up by Yes. I'll be honest, I just couldn't take it. Believe me when I tell you, if you are ever feeling low, the prospect of a lengthy stretch of listening to Neil Young and then Yes is a daunting proposition. I've committed to listen to everything in this vinyl collection, so I'll get there, but let's just save those gems for later…
Then it dawned on me that I should just listen to whoever I want and write about that. Since we've been producing some great shows this year, I could have focused on the artists we brought in, as I had indeed spent days on end with Robyn Hitchcock and then a long stretch with Graham Parker, getting psyched up to see them perform. Why not delve into the material of the artists that will be performing at our upcoming shows? From here forth, I'll be focusing on the amazing musicians whom we are booking for Tedrock Fund concerts. On deck: The Bevis Frond!
Filed under: concerts, vinyl project
The Figgs "Shady Grove" Record Release Party at ZUMIX
Rock Talk About The Bevis Frond
Exciting News! Tedrock Fund Produces The Bevis Frond!
100 Sparks Flying
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Having worked for the residents of Washington South for the last twelve years, I would like to be given the opportunity by the residents of Ayton, Lambton, Oxclose and Rickleton to continue to do so.
I will ensure that the people of Washington South continue to have a strong voice within the council to promote residents' best interests.
Your local councillor, your voice, your vote!