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Senator Cory Booker Responds To Sexuality Rumors: I'm Heterosexual
In an interview with the Philadelphia Inquirer, New Jersey Senator Cory Booker addressed rumors about his sexuality.
Booker's strong support for LGBT rights and status as a bachelor have led his opponents in past political campaigns to question his sexuality.
"I'm heterosexual," Booker, 49, said on Thursday.
"Every candidate should run on their authentic self, tell their truth, and more importantly, or mostly importantly, talk about their vision for the country," he added.
A possible contender for the Democratic presidential nomination in 2020, Booker said that he has yet to decide whether he will run.
"I have a pause during the holidays, which is going to be a really great time to meet with family and friends and really start to put some focus on whether to run for president or not," Booker said.
Booker has traveled to Iowa and New Hampshire in recent months, leading to speculation he is contemplating a run for the White House.


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Imi Knoebel: Guten Morgen, weisses Kätzchen, 31 May 2018 — 02 Sep 2018
Imi Knoebel: Guten Morgen, weisses Kätzchen
Museum Haus Konstruktiv, Selnaustrasse 25, 8001 Zürich, Switzerland
Museum Haus Konstruktiv hosts a comprehensive solo show by German artist Imi Knoebel (b. 1940 in Dessau, Germany, lives in Düsseldorf, Germany).
At the start of his career, the oeuvre of Russian suprematist Kazimir Malevich served Imi Knoebel as a key point of reference. Rejecting any kind of representational function, he developed an autonomous approach, which led him to a primarily serial way of working, characterized by haptic use of color, a geometric vocabulary of forms, and material aesthetics that are altogether simple.
On the first floor of Museum Haus Konstruktiv, Knoebel presents "Room 19 III" (1968/2006), the third version of his key work: an environment, arranged in a site-specific manner, which draws on his extensive body of fiberboard works and essentially constitutes his three-dimensional sketchbook. This is followed by pieces from his complex of works known as Core Pieces, which demonstrate the fundamental principles of his understanding of art. On the other floors, older and more recent works are displayed together and integrated into the museum context with new productions.
Tue, Thu – Sun 11am – 5pm
Wed 11am – 8pm
M: info@hauskonstruktiv.ch
The Art Space
Museum Haus Konstruktiv
Museums in Zurich

redpajama_set_name: RedPajamaCommonCrawl


The latest Organelle OS update and an updated manual are now available.
This v2.1 update features many small fixes and some big new features. The update is available as a regular Organelle patch.
To update simply download and run the patch. You will be prompted to press Aux button to start update. The Organelle shuts down after the update and you will have re-apply power.
The following improvements and features are also covered in the new manual.
Patches can utilize the encoder selector for things like navigating pages of parameters. See example patches below.
Save and Save New are added to the System menu. These commands will save the state of the patch including the position of the knobs. Save New saves everything into a brand new patch folder. This opens up a new workflow where you can create presets right from the device.
MIDI Channel setting is added to the System menu. This command allows you to change the default MIDI input and output channel.
Custom System scripts may be added to the USB drive. These scripts will show up in the System menu and can allow for future functions like connecting to WiFi.
We are also releasing two new patches that demonstrate using the encoder selector in a patch. Multi Page Template documents a system we created for making a 4 page patch that also utilizes the new Save and Save New commands in the System menu to save its parameters. Multi Page Synth uses the same 4 page menu to create a multi page analog style synthesizer.


On Friday Michael was delighted to attend this prestigious ceremony for the third year running at the Hilton Park Lane. All of the hottest names in music came out to be part of this special event including Michael Bublé (pictured), Andrew Lloyd Webber, Tom Jones, Kylie Minogue, Jessie J and Emily Sandé. Check out the Gallery page for more photos!


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Vũ 'bông hồng: trùm giang hồ Saigon về cờ bạc, cho vay nặng lãi, xã hội đen'.


text:
KAREN WOODS
Born 1963, Seattle, Washington
2019 …Going, George Billis Gallery, New York, NY
2018 Wilder Still, Stewart Gallery, Boise, ID
2018 Land and Sea, George Billis Gallery, New York, NY
2017 Karen Woods, George Billis Gallery, New York, NY
2016 The Way to Wilder, Boise Art Museum, Boise, ID
Karen Woods: New Work, George Billis Gallery, New York, NY
2015 Shift, Stewart Gallery Boise, ID (catalogue)
From Here, George Billis Gallery, Los Angeles, CA
2014 New York | New Work, George Billis Gallery, New York, NY
2013 Driving Rain, George Billis Gallery, Los Angeles, CA
2012 Exhibition and Artist Dialogue, Surel's Place, Garden City, ID
2009 Inside Looking Out, Stewart Gallery, Boise, ID
2019 Art on Paper, New York, NY with Stewart Gallery
2018 Wet, Quidley & Co. Fine Art, Naples, FL
2017 Urban/Suburban Memories, studio e gallery, Seattle, WA
National Weather Center Biennale, Norman, OK (catalogue)
2015 Weather or Not, Boise Art Museum, Boise, ID
2014 Selected Works: Catherine Christiano, Paul Schulenberg, Karen Woods, Art Essex Gallery, Essex, CT
Industrial Beauty, George Billis Gallery, New York, NY
In Good Company, Quidley & Company Fine Art, Boston, MA
The Cityscape Show IV, George Billis Gallery, Los Angeles, CA
New Ground, Surel's Other Place, Garden City, ID
2013 Road Trip, Hickory Museum of Art, Hickory, NC
Urban: The Art of Jan Boles, Charles Gill, Michael Miller and Karen Woods, Boise Art Museum In Good Company, Quidley & Company Fine Art, Boston, MA
Art in Traffic, Visual Arts Collective, Garden City, ID
Upon Reflection, Quidley & Company Fine Art, Boston, MA
2012 Urban Intersection, Quidley & Company Fine Art, Boston, MA
The Cityscape Show II, George Billis Gallery, Los Angeles, CA
Idaho Commission on the Arts Fellowship Exhibition, Idaho Statehouse, Boise, ID (catalogue)
2011 Dallas Art Fair, Stewart Gallery
The Cityscape Show, George Billis Gallery, Los Angeles, CA
The Buildings of New York, George Billis Gallery, New York, NY
2010 Is Anybody Out There?, Group Invitational, Stewart Gallery, Boise, ID
Urban Stages, CornerHouse Gallery, Cedar Rapids, IA
Idaho Triennial, Boise Art Museum, Beth Sellars, juror (catalogue)
More Than a Pretty Face, Boise Art Museum, Boise, ID
B.F.A., California College of the Arts, Oakland, 1987
Studio Art Centers International, Florence, Italy, 1985
California Polytechnic State University, San Luis Obispo, 1984
REVIEWS & PUBLICATION
Clawson, Michael, "The Passenger's Perspective", American Art Collector, October 2019
Belsito, Rochelle, "Cruise", American Art Collector, June 2018
City-Journal (cover art), Autumn 2016 Issue, volume 26, No. 4
Oland, Dana, "Artistic Idaho", Treasure Magazine, June 2016
Escudero, Nicki, "Rainy Days", American Art Collector, February 2016
Carlson, Jeffrey, "Karen Woods Cityscapes" Fine Art Connoisseur, January 2014
Towne, Michelle, "Karen Woods and Christopher Stott", American Art Collector, December 2013
Van Baelen, Leen, "Karen Woods" De Morgan, Belgium
Oland, Dana, "Reframing Boise's Visual Language", Idaho Statesman, July 19, 2013
New American Paintings, West edition, October 2013
O'Hern, John, "Final Fall", American Art Collector, February 2013
Corriel, Michele, "Illuminations: Ones to Watch", Western Art & Architecture, Summer/Fall 2010
Schnoor, Christopher, "Inside Looking Out at Stewart Gallery" art ltd, Jan/Feb 2010
Oland, Dana, "On the Road with Artist Karen Woods" Idaho Statesman, August 15, 2008
Berry, S.L., "Canopy", Indianapolis Star, April 8, 2007
Schnoor, Christopher, "Fresh Visions: Kevan Smith and Karen Woods at Stewart Gallery" Boise Weekly, December 28, 2005
Pettinger, E.J., "Well-Cultivated: The Women's Show at Stewart Gallery, Boise Weekly, May 19, 2004
Frost, Jim, "Branching Out: Karen Woods" Black Canyon Quarterly, Summer 2002
Schnoor, Christopher, "On the Horizon at Stewart Gallery", Artweek, March 2000
2019 Bodleian Library Bookmaking Workshop, Oxford, England, with a grant from the Alexa Rose Foundation
2018 James Castle House Artist Pilot Resident, James Castle House, Boise, ID
2013 Commissioned artwork, Surviving Minidoka, The Legacy of Japanese American Incarceration, Boise State University, College of Social Sciences and Public Affairs, publisher.
2010 Commissioned artwork, Quintessential Boise, an Architectural Journey, Charles Hummel et al. Boise State University, College of Social Sciences and Public Affairs, publisher.
Bodleian Library, Oxford, UK
James Castle House, Boise, ID
Boise Art Museum, Boise, ID (acquisition)
Cedar Rapids Museum of Art, Cedar Rapids, IA (acquisition)
The Art Museum of Eastern Idaho
Cary Street Partners LLC, Charlotte, NC
Gary Bettis, Portland, OR
Driek and Michael Zirinsky, Boise, ID
Skip and Esther Oppenheimer, Boise, ID
Boise Visual Chronicle
Givens Pursley LLP, Boise, ID
Les Bois Partners LLP, Boise, ID
Curtis Stigers and Amy O'Brien, Boise ID
Mario Venzago, Conductor/Music Director, Indianapolis Symphony Orchestra


text:
……the unpitied calamity of being repeatedly caught in the same snare….
Post author By Colm McCarthy
If an extend-and-pretend deal is done it will be the third Greek 'rescue'. Without debt relief it will also be the third to break the IMF rule, adopted after the Argentina failure in 2001, to avoid financing countries with unsustainable debts.
In early 2010 the debt/GDP ratio in Greece was predicted at 115% (it turned out to be 130%), the deficit in double digits and GDP sinking fast. The Fund rewrote its rule-book to get involved in the Troika despite the unwillingness of IMF staff to sign off on debt sustainability. See the account from the CIGI think-tank
https://www.cigionline.org/sites/default/files/cigi_paper_no.61web.pdf
The 2012 deal repeated the procedure, this time with haircuts of private creditors.
The Greek economy is again contracting, the budget headed back into serious deficit, the debt ratio headed for 180%. Even with low interest rates and long duration of official debts, no sustainability analysis is likely to look healthy. The bond market, to which Greece must return, agrees.
The IMF cannot credibly repeat the routine of 2010 and 2012 – it does have non-European members after all, and its exposure to Europe is already unacceptable to them. Lagarde, as French Finance minister, opposed Greek debt restructuring in 2010 but there is no guarantee that the IMF board will participate again without haircuts, this time for its European ex-partners. The week could see no deal with Grexit, or Trexit, the end of the Troika.
Categories In Uncategorized
75 Comments on ……the unpitied calamity of being repeatedly caught in the same snare….
← Ireland in Recovery, Greece in Crisis → Canada Day
75 replies on "……the unpitied calamity of being repeatedly caught in the same snare…."
Financial investors placed ahead of EU Citizenry.
Basics of ould capitalism ignored
No-bail out clause ignored
Responsibility: Merkel & Sarkozy + a misguided IMF
Troika go home! Default and be damned … optimum move … if "allowed". My few pfinnings are on an odious muddle through as in your piece today … which will simply add to the empirical evidence in support of Nietszsche's Eternal Recurring …. and again, and again, and again … and again.
@Westmeath
Nice one! Pity you have to meet doze Dubs!
fyi Guardian live on the eternal recurring ….
http://www.theguardian.com/business/live/2015/jun/28/greek-crisis-ecb-emergency-liquidity-referendum-bailout-live
Re: Question
A question, which seems pertinent – to what extent, does it now appear that a repeating pattern in Europe, where the institutions are seen to be administering a dressing down (or worse), to a minor European Union member, that appears to be acting out of line – is not working any longer? One arrives at a stage, in any student and mentor relationship, or and command and servant relationship – where the it appears that 'the teacher' doesn't hold the authority any longer – and the undergraduate becomes big, and bad, and grown up.
In Europe, for a few years we've endeavored to avoid a situation, whereby the European states may eventually have to have an adult to adult conversation, with the Greek elected representatives. It was easier to (for whatever reason), simply to look at Greece as the feckless teenager, and the heads of European institutions as the parent, in the relationship who spelled out repercussions for breaking a curfew. This relationship, simply doesn't seem to work either for Greece, or for the institutions and their officials. We've moved beyond that point.
Ireland, as a country, went through a process, with the European institutions, and it would appear as though, the Irish did not demand of the European institutions, at the very least to be treated as adults, and as equal members. And probably, as many journalists at the time of Jean Claude Trichet's recent visit to Ireland, we were treated to a very visual display of the same, whereby the banking inquiry committee were facilitated to sit around the great chair, of the great man the big bad version of Daddy Christmas, and ask what will you bring us? The Greeks at least, did not submit themselves to that. It may not count much at the end of the day, or in the greater scheme of things, but it does show that not everyone in the classroom is a kid who wants to believe a fairy tale. BOH.
Sporthogsays:
But Colm….Why is the Greekeconomy contracting since 3rd Quarter 14?
Was not the recovery endangered by delays in structural reforms and political uncertainty?
When Syriza came to power in February it declared the previous bailout terms to be cancelled.
Greece is where it is due to monkey business, unable to compile trustworthy statistics for decades. Trying to applease left wing communists, running very high deficits, spending money on NATO weaponry. Just to mention a few. And of course getting away with it by currency devaluation.
Greece has to grow up, stop portraying itself as the victim and take responsibility for running a balanced budget. They may be under huge national debt, 330 odd billion, but that is not the point….its the cost of servicing the debt which is important, and what country pays down its debt entirely anyway?
Eaten bread is soon forgotten, especially when dealing with a coalition originally comprising a broad array of groups (thirteen in total) of independent politicians, including social democrats, democratic socialists, left-wing patriots, feminists, anti-capitalists, centrist and environmentalist groups, as well as Marxist–Leninist, Maoist, Trotskyist, Eurocommunist, Luxemburgist and also Eurosceptic componentsleft wing / socialist Marxists.
Default and Grexit have got to be the most likely option. They allow everybody to move on. The Greeks get to blame everybody else and the rest get to blame Greece. It will leave Greece with 100% debt haircuts and a super competitive currency.
Then we see how a govt of neo fascists, Marxists and university professors performs. Time will tell whether this is a road map to follow. My own guess is that the euro is here to stay albeit with fewer members & more political and fiscal integration. Countries like Ireland, Italy, Spain and Portugal and France will have to make a choice. The descent of Greece into an economic abyss may inform that choice.
The IMF cannot credibly repeat the routine of 2010 and 2012 …..
Perhaps not, but since when has credibility entered the equation.
In any case the situation moved on when Syriza came into government.
The primary objective is no longer to fix the Greek economy, it is getting Syriza out; regime change by whatever mean available, credible or not; with Ireland in the vanguard of the oppressing forces.
Gregory Connorsays:
Today in the New York Times, Krugman has come out in favour of Grexit (with considerable regret):
http://www.nytimes.com/2015/06/29/opinion/paul-krugman-greece-over-the-brink.html?rref=opinion&module=Ribbon&version=context&region=Header&action=click&contentCollection=Opinion&pgtype=article
DOCMsays:
The far more likely course of events is that the Greeks will finally wake up to the full implications of the situation into which Syriza has led them and will vote yes in the referendum in spite of the party urging them to vote no and, it seems, expecting to stay in power even if they do!
Assuming that it can be established what the Greeks are voting on.
http://ec.europa.eu/news/2015/06/20150628_en.htm
Syriza did not allow adults into the room until they were forced to convene the meeting of the Financial Stability Council, despite rumours, denied by Stournaras, that he had threatened to resign if capital controls were not agreed. The referendum campaign may be expected to descend to the same level.
As to the IMF, failure to meet tomorrow'd repayment will not be viewed as a credit event by rating agencies. In any case, it is a racing certainty that it will be repaid in full, whatever way the referendum goes, and Greece stays in or leaves the euro (which is what the referendum is about, a fact that even the populist talents of Syriza will find impossible to hide).
The IMF may be expected to continue in some advisory role to save Merkel's blushes but the troika has been effectively out of commission for some time.
The markets are in for a rough ride, whatever way events turn out. The one constant is that Greece's economic situation will have deteriorated further; and dramatically.
Since it appears to take an average of 4 days for my comments to get through the moderation process, the game will probably have changed beyond all recognition before it appears – if it ever does appear. But here goes, anyway..
Colm, I think we're all agreed that the EMU had serious design faults, that Greece should never have been allowed to join and that all private sector holders of Greek sovereign debt should have experienced deep haircuts in 2010, but didn't. For good reasons and bad all of these institutional and procedural failings occurred – and, in the usual grindingly slow manner, the EU's governing politicians, officials, businesses, civil society bodies and citizens are seeking to remedy these failings.
The contrast between Greece, on one side, and Portugal and Ireland, on the other, (and indeed between it and Spain and Italy) is that, for the latter, considerable progress has been made in repairing serious failings in the democratic and economic governance they exhibited – and to an extent continue to exhibit. (There is much more to be done, but that's for another day.) Greece was, and continues to be, a failed state.
No external force is capable of persuading Greek politicians and citizens to confront the extent of the failure of their state and to begin repairing it. The pressure the Troika exerted was ill-conceived, inappropriate and clumsily applied and was bound to prove counter-productive while Greek politicians failed to persuade a majority of citizens of the profound lomg term changes that are required so that Greece might eventually begin to function as a reasonably well-governed functioning democratic and economic polity.
Courtesy the FT!
http://blogs.ft.com/brusselsblog/files/2015/06/letter_PM-Luxembourg.pdf
Is there anything more that can be said?
Closing banks and a stock exchange is the easy bit. Reopening them will be the problem.
As expected / predicted..
Greece in shock as banks shut after creditor talks break down
ATHENS | BY KAROLINA TAGARIS AND MICHELE KAMBAS
"The conservative-leaning Eleftheros Typos newspaper accused Tsipras of announcing the referendum as a ruse to tip the country into early elections in the hopes of winning them.
"Mr Tsipras's decision to call a referendum and a possible euro exit constitutes a premeditated crime," it said in an editorial. "It is clear that Mr Tsipras has lost the trust of citizens. That's obvious from the queues at ATMs and petrol stations, and it will become obvious at next Sunday's ballot."
http://www.reuters.com/article/2015/06/29/us-eurozone-greece-idUSKBN0P40EO20150629
The tide is turning against Red Betty and her sidekick, and good riddance too!
I'm confident the referendum will be passed… and stock markets will ROCKET up on the 6th!!
I would expect the motley crew of dysfunctional communists to take the writing on the wall and hump off… however I suspect they will have the audacity to hold onto power as long as they can.
Nocensesays:
Junckers press conference starting to sound desperate – has the "non-adults" leading the Greeks made some headway. Notably he suggested EU were prepared to talk debt relief and were on the brink of doing that when Greeks walked out….fancy that!….sounds more like a bit of a capitulation in the offing while trying to save face.
Also some bizzare stuff about suicide and death from Juncker. Suggested there was no request for pension reductions – WTF!!!! – and overall a pleading for a Yes vote from the "wonderful people of Greece". Has the dog just been wagged?
Juncker offers a bleak rationale to vote 'yes'.
"you should not commit suicide because you are afraid of death."
http://www.theguardian.com/business/live/2015/jun/29/greek-crisis-stock-markets-slide-capital-controls-banks-closed-live
Merkel:
"no one should interfere with Greek referendum….but they should know the consequences".
No comment required on that.
What is obvious though is how side stepped the EU has been by Greece on this whole thing. Whatever way this all goes they have badly miscalculated the resolve of Tsipras….if they ever thought we'd get to this I find it hard to believe they would not have conceded more in negotiations. Its the risk of brinkmanship….going to the brink with a someone who has nothing to lose is a dangerous game, unless you think you can manage the consequences. Now is the time to show the ability to manage the consequences and keep the market vultures at bay. If the EU fail in this, the project will not only have failed but the creditor country negotiators will have failed spectacularly on a personal level.
John Corcoransays:
The UK and the US gave debt reductions to Germany in the 1920s, 1930s, and 1950s despite Germany's sins. Enlightened statesmanship requires looking forwards rather that backwards and acting in everybodys interests– Germany should have a forward looking view in a common EU destiny.
http://www.lse.ac.uk/newsAndMedia/videoAndAudio/channels/publicLecturesAndEvents/player.aspx?id=2826
fyi a little 'insider account' – rare enough to get 'insider accounts'
Mr Mody He was stinging in his criticism of the Irish Government's tough stance. "We had a generation of Irish politicians who in their hubris took Ireland down into a deep crisis. Ireland has come out of its crisis. But it seems that the hubris did not go away.
"Greece has been going through that process for the past five years. We do not need any more evidence. The plan to get Greece to repay is economically illiterate."
http://www.irishexaminer.com/business/ashoka-mody-criticises-imf-decision-making-339617.html
'economically illiterate' … +1
Wonder is ' ff/pd/fg/lp hibernian hubris' correlated with 'quislingesque' …
Methinks the empirics are strong ….statsig *****
On the last day of the drachma, Dec 31, 2000, Greece had a public debt of 103% of GDP (Eurostat); 108% (OECD) and World Bank 119% – these variations arise because of revisions/ variations from the EU definition, but the excess over the 60% rule is the key issue and after a 2 -year delay Greece was admitted. Why not when Italy and Belgium had also.
Has the government a credible growth plan? If it has, patience is needed. If it hasn't, debt relief will not really matter.
Yanis Varoufakis, Greek finance minister, in 2012 warned foreign economists including Paul Krugman, that emulating Argentina's default in 2001 was no panacea for Greece but he did argue for default within the eurozone. "And use our readiness to default as a bargaining strategy."
Varoufakis highlighted the distinction between devaluing an existing currency and introducing a new currency while Greece did not remotely have the capacity that Argentina had to take advantage of what was then an emerging commodity boom.
He may well get the option that he didn't consider viable.
fyi Joseph Stiglitz
'[T]he economics behind the program that the "troika" (the European Commission, the European Central Bank, and the International Monetary Fund) foisted on Greece five years ago has been abysmal, resulting in a 25% decline in the country's GDP. I can think of no depression, ever, that has been so deliberate and had such catastrophic consequences: Greece's rate of youth unemployment, for example, now exceeds 60%. It is startling that the troika has refused to accept responsibility for any of this or admit how bad its forecasts and models have been. But what is even more surprising is that Europe's leaders have not even learned.
We should be clear: almost none of the huge amount of money loaned to Greece has actually gone there. It has gone to pay out private-sector creditors – including German and French banks. Greece has gotten but a pittance, but it has paid a high price to preserve these countries' banking systems. The IMF and the other "official" creditors do not need the money that is being demanded.
http://www.socialeurope.eu/2015/06/europes-attack-on-greek-democracy/
Why Angela Merkel Is Wrong On Greece
by Jürgen Habermas
The Greek election result is a vote against humiliating misery
Because the federal German Chancellor opted as early as May 2010 to treat investor interests as more important than a haircut in restoring the Greek economy to health, we're stuck in a crisis once more. This time it's the hole left by another institutional deficit that emerges.
The Greek election result is the vote of a nation that, with a significant majority, is standing up against the humiliating as well as oppressive misery of an austerity policy imposed upon their country. There can be no argument about the vote itself: The population rejects the continuation of a policy whose drastic failure is something they have experienced at first hand. Equipped with this democratic legitimacy, the Greek government is trying to bring about a change of policy in the Eurozone.'
Amartya Sen last month in Firle, East Sussex, compared the austerity policy pushed through by the federal German government with a medicine that contains a toxic mixture of antibiotics and rat poison.
It's the citizens, not the banks, which must retain the final say in existential questions for Europe.
As regards the post-democratic lulling to sleep of public opinion, the switching of the press into a therapeutic type of journalism is a contributory factor – as it marches arm in arm with the political class in caring for the wellbeing of customers, not citizens.
http://www.socialeurope.eu/2015/06/why-angela-merkels-is-wrong-on-greece/
Good on yer Jürgen!
@SH
"Tsipras has lost the trust of citizens. That's obvious from the queues at ATMs and petrol stations, and it will become obvious at next Sunday's ballot."
What a nonsensical statement. I don't think any Greek including Tsipras' supporters were under the illusion that he retained absolute control over the liquidity of greek banks – if he did there would never have been a crisis in the first place.
You may well be right about the outcome of the referendum. I'll be happy to remind you of the Rocket prediction if your wrong on that one – if your right i'm sure you'll be content enough not to be reminded amid the glow of a saved euro, europe and the beginnings of an unprecedented boom across the region.
@ Paul Hunt
I agree. However, the dilemma for the other countries of the Euro Area is that they risk ending up, if they have not already done so, funding indefinitely the inability of Greek society to reform to the point that it can legitimately compare itself to even a minimum level of compliance with the norm expected. The effect of the wild actions of Tsipras/Varoufakis and their political allies is that this core issue has been brought to a head.
Martin Sandbu and Charles Wyplosz on the topic of capital controls.
http://www.ft.com/intl/cms/s/3/8fe1efc6-1e3c-11e5-ab0f-6bb9974f25d0.html?siteedition=intl#axzz3eIJ6fJ5D
http://www.voxeu.org/article/grexit-staggering-cost-central-bank-dependence
Full marks for analysis and zero for political cop-on.
"As Free Lunch explained in February, this is how Greece can stay in the eurozone after defaulting on sovereign obligations. It would have been better to do it pre-emptively, but it can still be done."
This is the one equation which is politically impossible for the political leaders of the other countries to accept.
By way of a footnote, it is equally impossible to imagine that Juncker would use the language that he used were it not by now evident that Tsipras has also burnt his bridges with Merkel; and for the reasons enunciated more or less directly by Juncker.
vinnysays:
Greece need professional, dynamic and street savvy help to get through this – bring on Goldman Sachs asap – their tentacles are everywhere – and perhaps a touch of Tony Blair to help with the fudges……?
Ian Traynor of the Guardian.
http://www.theguardian.com/world/2015/jun/29/alexis-tsipras-must-be-stopped-the-underlying-message-of-europes-leaders
It is that serious. Economic commentators in general might take note.
He will be!
CARTOON OF THE DAY
http://www.theguardian.com/commentisfree/picture/2015/jun/29/steve-bell-greece-eu-standoff-cartoon
Eurekasays:
There is an awful truth unfolding.
Tsipiras honour is showing up the horrible rotten narcissistic heart of European power.
This is not going to end here.
Anybody understand the wording being put to the people on the ballot paper?
Should the plan of agreement be accepted, which was submitted by the European Commission, the European Central Bank, and the International Monetary Fund in the Eurogroup of 25.06.2015 and comprises of two parts, which constitute their unified proposal? The first document is entitled 'Reforms for the completion of the current program and beyond' and the second 'Preliminary debt sustainability analysis'."
Perhaps only junnior economists will be voting!
Alexis Tsipras must have been reading too many books on Dr Ian Paisley!
A prerecquisite for any further negotiations would be a change of govt in Greece.
Given the amount of dirt he has thrown in the faces of his counterparts I cannot see his presence at the table as credible.
I don't always agree with John Bruton…. however a most pertinant piece written by him in todays Independent. 30/06/15
http://www.independent.ie/opinion/comment/panic-and-uncertainty-in-greece-shows-its-struggling-leaders-have-lost-all-credibility-31339354.html
I daresay in Ireland we have our own mix of renegades as well.
Red Betty and Alexis Tsipras are risking a lot now that Greek Credit Cards are no longer valid outside Greece.
Bloomberg staff in Athens had their ICloud account downgraded as the monthly DD failed..
http://www.bloomberg.com/news/articles/2015-06-30/greeks-lose-apple-icloud-space-as-capital-controls-stop-payments
Game on Varoufakis… Game on!
Dan McLaughlinsays:
Greece has formally requested a new bailout of €29bn, funded by the ESM, including a reprofiling and restructuring of existing official loans.
"Maybe the closure of banks, first reports about petrol shortages and news that some pensions for self-employed can no longer be fully paid in euros are helping to get the radical left in touch with reality? Maybe Tsipras has finally noticed that Europe is not bluffing," said economist Holger Schmieding from Berenberg.
Eurogroup head Jeroen Dijsselbloem said that an extraordinary meeting would take place at 19:00 in Brussels to discuss the proposal. However, Germany Chancellor Angela Merkel was cited as saying that she would not consider Tsipras's request until after Greece holds its referendum on Sunday.
Game on Varoufakis!!
Joe Lawlorsays:
Will the plebiscite actually meet the democratic standards required. Can you actually organise the logistics of a vote inside a week? I think not. Also vote touches on fiscal issues so is potentially illegal under Greek constitution . Finally, Syrizia seem determined to conceal fact that Golden Dawn are backing no vote and restrict air time to opposition. Apart from Syrizia, many reputations will be burnt on bonfire including those of many Irish acafemics.
@ Eureka
Lets just say that the European Project has reached its limits. Putting the financial integration cart before the political reform horse was too clever by half. No one has the script for the next episode, so the best one can hope for is muddling through.
https://www.creditwritedowns.com/2015/06/the-euro-is-a-failure.html
Greece crisis: How has Greece spent its money and who does it still owe €242.8bn to?
'Almost all the money owed by Greece has been used to pay off its lenders, with only 10 per cent of it going to the Greek people, according to the Jubilee Debt Campaign.
"Greece is right not to pay the IMF. The IMF should never have lent the money in the first place, with over 90% of it being used to bail out European financial institutions," Sarah-Jayne Clifton, Director of the Jubilee Debt Campaign
Clifton said that in 2010 when the IMF loans were agreed, developing countries on the IMF Board argued that banks should share in the costs of the crisis they had helped to create.
http://www.independent.co.uk/news/business/news/greece-crisis-how-has-greece-spent-its-money-and-who-does-it-still-owe-2428bn-to-10355847.html
Did The Guv'nor mention 100 ONE HUNDRED BILLION …. re Irish Bail-IN?
In case anyone was in any doubt about German respect for the democratic will of the Untermenschen:
Greece will not get a cent in new eurozone bailout loans while Alexis Tsipras and Yanis Varoufakis remain in power, because Germany will block any such deal, one of Europe's most influential politicians has told The Times.
"Today there is the question of do we trust Tsipras and Varoufakis? The answer is clear to all parties, no," the senior German conservative said.
He also lifted the lid on a European Union attempt to push Mr Tsipras's left-wing Syriza out of power regardless of the outcome of the vote on July 5.
If Greece's prime minister and finance minister remained in office, even after a "yes" vote in Sunday's referendum, then Athens would stand no chance of a new bailout, he indicated.
Under the rules of the European Stability Mechanism, the euro's bailout fund, the German parliament, or Bundestag, has a veto or blocking vote over any new program such as that requested by Greece at the 11th hour.
The senior German conservative said that Angela Merkel's ruling Christian Democrat Union (CDU) and its Bavarian allies the Christian Social Union (CSU) would block any request made while the pair, described as "communists", remained in power.
They never change.
http://www.theaustralian.com.au/news/world/greek-default-no-new-bailout-unless-tsipras-goes/story-fnb64oi6-1227422961480
Regardless of the outcome to the referendum and whether Greece capitulate to creditor demands there has been irreparable damage done to the European project.
On a personal level a lot of the European in me (a serial "yes" voter to the plethora of european referenda) died during the betrayal of Ireland by its "partners" at the height of our crisis. What is happening with Greece probably trumps the treatment of Ireland in terms of disregard for the founding principle of the union. The breach of core principles underpinning the foundation of the union and the eurozone has been rampant – but consistent at all times insofar as being broken only to favour idiotic creditors, at all times with a shocking disregard for the citizenry those least responsible for what has happened – just think the 60% youth unemployed in Greece.
When Hamlet noted "there is something rotten in the state of Denmark"…the ensuing catharsis left plenty of collateral damage…with any luck institutions of Europe, which lie well beyond the reach of democracy now and the ordinary citizens, will find itself among the debris of the cleansing of this failed and sickly project.
BeeCeeTeesays:
Anyone who thinks that the events of the last few days came as a surprise to the Greek government must be quite lacking in imagination. Their approach to relationships has prioritised keeping their domestic stakeholders onside, and they have been deliberately confrontational with their international interlocutors. Knowing that they will only get movement in a crisis, they delayed doing anything much until the existing programme was about to end and default on official loans was imminent. They then intentionally complicated the situation with a flurry of new proposals, and added to the sense of crisis by announcing a referendum.
It seems to me that they have been completely clear in public about their objectives, but less transparent about their strategies for achieving them. They have clearly decided to behave as if default and euro-exit are an acceptable alternative to a negotiated agreement. Whatever their underlying views on this outcome, the appearance of credible willingness to accept it in the midst of crisis is a necessary and unavoidable component of the strategy they have adopted.
The appearance of willingness to negotiate, and the appearance of an interest in remaining within the euro, are also necessary components of the strategy whatever the government's preferred ultimate outcome, as they are needed to keep significant parts of their coalition of stakeholders onside.
Whether folks like it or not, the Greek government clearly has a well thought through strategy, and it seems to be implementing it as planned.
The Secondsays:
@ DOD
The majority of existing government debt of any country has been used to pay off lenders. That's the way government financing works – constantly rolling over the national debt.
Of course the real question is who spent the money in the first place – and this unquestionably was the Greek people. The government are mere intermediaries in this process. They borrow money to spend on its people. The people then spend it – in Greece's case rather too much on foreign imports which they weren't earning an entitlement to through exports.
re ESM
Any decision to grant ESM funds has to be unanimously approved by the Board of Governors, which is made up of the Finance Ministers of the member states. A German Constitutional Court ruling in 2012 limits the Federal Republic's capital contribution to the existing figure of €190bn while re-affirming that the German parliament has to acquiesce to any major ESM decision. It was also envisaged that the IMF would be involved in drawing up an MOU with debtors.
Note also if Greece is deemed to have defaulted on its IMF loans it triggers cross-default clauses on existing EFSF loans ( €131bn) although that may have no practical impact as the payments do not start till 2023.
@ Nocense,
So what is the solution then?
Should Greece be allowed to carry on with whatever financial manner they chose? With a annual bailout from Europe of 30 billion for free?
From my perspective… I see Greece thus..
1) Corruption,
2) Beaurocracy,
3) Inefficiency,
Leading to a unwillingness of the population to be tax compliant.
4) A strong communist vein in the national psyche,
5) Unable to compile correct and proper national statistics
6) A culture of spending to applease the communist mob.
When it comes to the problem of paying the loans back… the solution is to devalue….. Devaluation.
All very simple then is'nt it?
Everything was going quiet well… until Greece wanted to get into the straight jacket of the Euro program.
So instead of devaluing… Syriza just wants to write the debts off…. just like that!
Yes perhaps.. prior to paying off private creditors… the Euro group should have imposed a haircut before taking on board the Greek debt, because it would be burning somebody else's money.
But it is not that simple… we live in a global financial world with numerous interconnections. Like the financial crisis of 2008, when Lehmann Bros went down…. AIG was about to topple next… there were very concerned pensioners in Singapore standing outside the offices of AIG. We are all interconnected somehow… someway.
If Greece owed 54 Billion to Ireland… instead of to Germany…. I doubt there would be a single voice in Ireland saying…
"ahhh … Just write off the debt… the poor Greeks… they need it more than us Irish."
julessays:
I think we are seeing the unraveling of Euro and then the EU. Basically having survived the Cyprus spat by confiscating Russian and other deposits the EU also socialised the Greek debt by paying off the uber-rich and replacing them with national governments, the ECB and the IMF. They thought that solved the problem as they thought the same about the Anglo Irish Banks. The basic message is if you are uber-rich your billions will just grow and grow. If you make a poor investment decision national governments will immediately make good your losses with national resources and/or printed cash. Capitalism is dead. In order to facilitate the steady transfer of resources from Mr. Joe Average austerity is required so the marginal tax rate on Mr. Average is massively increased by heavily regressive taxes such VAT, alcohol duties, travel tax etc. while marginal taxes on the uber-rich are reduced to zero and below by huge subsidies. The uber-rich tend to bank their huge gains in tax havens so this cash is not available for investment. Public services are cut and reduced so "we do not have to burden future generations" with increased sovereign debt and interest rates are reduced to zero by buying any bond with printed cash. This has been going for almost two decades in the "advanced" economies as manufacturing is transferred to China and services to tax havens and India.
Any common currency requires fiscal transfers to work. Rather than giving money to the Ukraine cash should be given to Greece to help them out of the austerity trap otherwise the trends including a steady decline in median wages, reduction in critical government services such as education and health, privatisation in the name of competition, (when there is little or no competition witness the large growth in corporate profits, in a competitive capitalist economy large growths in corporate profits would immediately be followed by new entrants at reduced prices into the sector), asset bubbles and crashes etc.
jmgsays:
This is an appropriate description of Troika behavior:
Shane Coleman on the crisis.
http://www.independent.ie/opinion/columnists/shane-coleman/now-we-know-what-happens-when-the-minnows-play-hardball-with-the-big-boys-31342913.html
The core argument i.e. that it has been a question of the small countries versus the big, like many advanced by those unwilling to look facts in the face, does not stand up to a moment's examination. It has been Greece, or rather Syriza under the fatal direction of the duo Tsipras/Varoufakis, versus all the rest, that has run into a brick wall having failed to divide and conquer in an excess of misplaced hubris, dishonesty and incompetence.
To sum up, as just reported.
"This government has done nothing since it came into office," Schaeuble said in a speech in the lower house of parliament.
"It has only reversed measures. It reneged on previously agreed commitments. It negotiated and negotiated. We don't know if the Greek government is going to hold a referendum or not, whether it is for or against it. You can't in all honesty expect us to talk with them in a situation like this. We need to wait to see what happens in Greece."
Bond. Eoin Bond...says:
Four lectures about democracy from a man who deceived people with wild promises & called referendum with 8 days' notice are getting tedious
— Hugo Dixon (@Hugodixon) July 1, 2015
This may be my favourite quote of the day. Hugo (Reuters) has no dog in this fight.
@ Eureka: "Tsipiras honour is showing up the horrible rotten narcissistic heart of European power."
Tsipras honour? Is this a f***ing joke? He's coming close to destroying the modern Greek economy and you're talking about his honour? This sort of insanity makes me very angry.
Does Germany get to participate in this democracy thing too? 91% of German voters do not want to give Tsipras & Varoufakis another pfennig according to recent polls. Their democratic rights are apparently worthless to you.
Mary Feelysays:
I was with other mums waiting to collect our children from summer camp today, and the subject of Greece and the euro came up. One mother said, "If I wanted to live in Germany, I'd move to Germany."
Desmond Brennansays:
This is what I think is needed
1) A period of real reform
-Improve tax collection
-Minimal tax increases
-Reduce certain fiscal spending
-Economic liberalisation
-Reduce early retirement
then and only then
2) Debt forgiveness
I'd propose this only be on the table after c 2 years of real reforms
Bottom lines:
1: Bailout is untenable
2: Regardless of this distraction there is a decision to be made – debt write down vs no debt write down – both mean Germany loses
Germany will do very well to salvage anything out of thid
Greece crisis: IMF was pushed around by Angela Merkel and Nicholas Sarkozy – and now it is being humiliated Independent. Good material, but I don't like the androthromorphization of organizations (the use of "humiliated" in the title).
http://www.independent.co.uk/news/business/comment/greece-crisis-imf-was-pushed-around-by-angela-merkel-and-nicholas-sarkozy–and-now-it-is-being-humiliated-10356247.html
ninapsays:
@Ernie
You repeatedly, and casually, liken the German government to the Nazi regime. This is pretty grotesque.
The Jubilee Debt Campaign (along with Paul Murphy TD and others) repeat the line about "only 10% of the bailout going to the Greek people". This deliberately obscures the fact that the bailout repaid existing loans which benefitted the Greek people. And it ignores the fact that private sector creditors were haircut to the tune of 50%, so there has already been write downs and re-structuring.
All that said, I think Greece needs a sustainable solution, which means a big further write down, and repayments linked to growth rates.
antonius aquinassays:
No recovery in Ireland or in Europe until the banksters are thrown out or imprisoned.
http://antoniusaquinas.com/2015/06/22/banksters-responsible-for-irish-crash/
@ Bond
Good to see you back
Steps to the destruction of the modern Greek economy:
One of them has to be Golfman cooking the books and another has to be banks lending without doing any due diligence.
Tsipiras is way downstream of what started as a banking problem
Tullmcadoosays:
Mary Feely,
Thank God u are living in a country where u can access ATM to pay for your kids to go to Summer Camp. Not really an option in Greece.
This vote looks like it is going to be a shambles so that the loser will claim rigging.
How much is it going to cost to bring the Greek economy back from the dead. Start with 20bn to recap the banks plus 2x to cover the primary deficits and funding needs for 2-3 years. No way is that bill going thru the North European Parliaments.
Is Greece already gone from the EU. Is the best option a no vote & a cut out with some humanitarian aid.
I assume Veroufakis will get some nice sinecure in a US college & give speeches @ 50k per pop while Tsipiras will be put up on Dictators Row on the French riviera.
…I disagree – our government would fold like a a house of cards.
I have to agree with the sentiments of Eureka i.e. that Germany will do well to get anything out of this whatever way the cards fall. It is more and more starting to look like that and I think that is what particularly irks them. I have little doubt it irks them so much they are willing to take on the pre 2000s persona of the IMF to bleed the place dry for every last cent….but there's little left to get….. And in some ways there is a beautiful irony to it all.
I have quoted Keynes on this site previously but I think this very basic tenet is worth repeating for how blindingly obvious it is and for how blind Germany, in particular, want to be to it…at Bretton Woods in 1944 he argued that if financial crises were to be avoided in the future, countries that ran significant trade surpluses would need to reinvest in deficit countries.
It appears that the German export juggernaut that has trundled along throughout the financial crisis of the last several years, supported by an artificially low Duetsch Euro (and make no mistake there is such a thing just as there is a Drachma Euro as the greeks are learning) will ultimately fall foul to Keynes doctrine. Its not by will of course but by the sheer force of economic nature.
Profligate creditors with the bulging coffers of their surpluses lending irresponsibly to deficit countries….and eventually they can't get it back….As I said its a beautiful irony.
@ Tullmcadoo
Don't be silly. I don't pay for summer camps with cash.
Varoufakis to resign if Yes vote wins.
Wait for the torrent:
"Typical – makes it all about him. Good riddance. More reasons than ever to vote Yes….Fall of the Rockstar….blah blah blah."
If he didn't resign following yes vote – from same cohort:
"This mans ego knows no bounds – he has no mandate and still struts his stuff….has this man no integrity…blah, blah…."
So your perspective is that if the Irish Nation was owed 54 billion… we would let it pass us by! I don't agree… I think the people who are currently lying on trollys for over a week in hospitals would have a different opinion, but fair enough if that is your perspective.
Looking forward…..
"Bretton Woods in 1944 he argued that if financial crises were to be avoided in the future, countries that ran significant trade surpluses would need to reinvest in deficit countries."
You seem to be suggesting that Greece should be bailed out from now until infinity because it cannot / or unable to balance it's own books.
Is that sustainable for the rest of Europe? Should other European countries bail out Greece every year to the tune of 30 or 40 billion forever?
I don't think it is sustainable… due to the fact that it is rewarding bad ( or unsustainable) financial behaviour. If Greece is bailed out for free… then there is no inventive to reform, to tend towards good financial / prudent behaviour. In fact it may actually encourage reckless financial management in other countries, as there is no deterrant.
"Profligate creditors with the bulging coffers of their surpluses lending irresponsibly to deficit countries….and eventually they can't get it back"
What would be your opinion on Honor? Your word is your Bond? Honesty?
Does a nation have any honor? Or should Greece be looked upon as a scoundrel? Anybody who lends to Greece deserves to get burnt?
If the clock was wound back 100 years, there would be European Armies mustering at the Greek border getting ready to invade, plunder and take what booty it can as recompense. Thankfully Europe is a better place these days.
WRT your point about redistribution of monies for the purpose of investment…. I definetly believe you have a valid point there.
Europe is a very very strange place for investment, American Investment Capital is much easier to obtain than European money. MP3 was invented in Europe… yet it was the Americans who made it a marketable success. A recent start up is Ormonde Mining.. who had to take a significant dilution in a project so as to obtain funding from an American company (Oaktree). There was no European funding investment house interested in funding a European Company in a European mine for European Jobs for European revenue.
WRT investment in Europe… Europe is a disappointment.
Germany has a persistent merchandise trade surplus as does corporate tax havens in the EU: Netherlands, Ireland and Luxembourg.
Expecting others to engage in solidarity while stealing their tax base is usually conveniently overlooked — it's interesting that the moves towards reform that have triggered Amazon for example to move its European hq back to the UK and book its British sales there and not in Luxembourg, were prompted by pressure from individual countries not the EU as a group.
In 2014 41% of Germany's goods surplus was with the US and UK and 30% with the Euro Area — more than half was with France.
It's very difficult to change this situation as a big factor is firm structure — compared with France, Italy and Spain, Germany has a greater number of big and medium size firms that are a key factor in successful exporting.
The relative number of exporting firms is also very important as are the capital goods such as machinery in demand in emerging markets .
Destatis, the German federal statistics office, said in 2014 that 340,000 firms exported goods in 2013; France says it has 120,000 exporting companies: two thirds less than Germany, and half as many as Italy has compared with Germany.
Ireland has 4,000 exporters while Denmark has 30,000 and 40 big US firms account for about two-thirds of Ireland's headline exports.
The euro rate is a help but without the other key factors, it wouldn't be of much help.
German manufacturing wages are the highest among the world's main manufacturing nations.
A 10 % increase of German exports leads to a 9 % increase of intermediate goods imports to Germany from other EU-Member-States according to an German economics institute (IW Cologne).
http://www.bloomberg.com/news/articles/2015-07-02/tsipras-learning-europe-s-number-1-rule-don-t-mess-with-merkel
Tsipras may be slowly learning not to upset Mammy.
Frau Merkel disposed of Berulsconi,Papandreou…if Tsipras is not careful…he'll be next, along with Red Betty!
Good riddance too.. We need maturity in Greek politics, not bipolar mania.
1. If you want to compare apples with apples a €54bn debt to Germany is the equivalent of about €2.5bn to Ireland or approxiamately less than 1 third of the interest payments the Irish state made last year to service the debt of private creditor bets by German and French banks. Are Irish people happy about those ANNUAL payments…they appear to be – so not sure why they would be so exorcised about 2.5bn more!
2. The €54bn debt did not have its genesis in being provided by the german people….this was a decision its government took to prop up its own (German) banking systems. Its own bankers made bad bets on a bad horse called Greece and when Greece wasn't able to make good on that the German government stepped into "loan" Greece the money so it that it could pay back these private creditors. So if the German people should be angry with anyone it is their own government for "bailing in" its citizenry to those bad bets.
3. If the Irish government took the decision to lend €2.5bn of our taxpayers money to bail out Irish banks in like fashion we would rightly be looking for it back but who should we be more p*ssed with the people who simply can't pay it back or the clowns who gave it to them in the first place – oh wait, this did happen in Ireland under FF/FG and Labour and it was for a hell of alot more than €2.5bn.
4. Honour/bond/honesty….these are naive things to bring into the debate – this stuff is best left to hollywood. Europe has adopted a "free market capitalist" philosophy (supposedly!)…debts go bad some times – thats life…do you think there is honour in torturing a debtor until they pay up, do you think there is honour in bringing a people to their knees when there government screwed up and when the private creditors screwed up givning them the money in the first place. The EU and Germany in particular (!) would have a hell of a nerve raising the stakes to "honour" in this game.
"If the clock was wound back 100 years, there would be European Armies mustering at the Greek border getting ready to invade, plunder and take what booty it can as recompense. Thankfully Europe is a better place these days"
I respond only to that by quoting an Irish celebrity economist on one of his better coined phrases…"germany is trying to do with banks in the 21st century what it tried to do with tanks in the 20th century"….Europe hasn't changed that much…the tools in pursuit of dominion is all that has changed. Maastricht principles my arse!
@MH
You forgive me if I call this pure supposition – but that is fair enough and we all do it.
In any case the key factor is not that the euro rate is weak vis-a-vis non-euro currencies, the real gravy for Germany is that it maintains a rate of parity with its EZ trading partners. There is never a balancing mechanism to quell the surplus – which fuels its banks – which caused those banks to make bad bets in countries that bought german goods.
"Game on Vaurofakis"….
Indeed it is…and it ain't all going Angie's way….
http://www.theguardian.com/business/2015/jul/02/imf-greece-needs-extra-50bn-euros
Tsipras Accepts Most Creditor Terms as Merkel Insists on Referendum
Posted on July 1, 2015 by Yves Smith
Post-bailout expiration dynamics are likely to produce even worse outcomes for Greece than it had on offer from the creditors last month. It isn't just that the bailout funds of €7.2 billion are gone; it's that Greece has gone over an event horizon with stringent capital controls on and the ECB ready and able to push the Greek banking system over the brink.
Greece's weak negotiating position is even weaker now. Even with a boost via a "no" vote on the referendum this Sunday, if the Greek government were to take a firmer stance, the creditors have the means and the incentives to keep crushing the economy via financial strangulation. The ruling coalition would not be able to hold on to power for more than a month or two as the economy continued to decay at an accelerating rate.
This is a ruthless, brutal power play in progress.
http://www.nakedcapitalism.com/2015/07/tsipras-accepts-most-terms-as-merkel-insists-on-referendum.html
The neocons 'regime change bug' has mutat€d.
Why we recommend a NO in the referendum – in 6 short bullet points
Posted on July 1, 2015 by yanisv
Negotiations have stalled because Greece's creditors (a) refused to reduce our un-payable public debt and (b) insisted that it should be repaid 'parametrically' by the weakest members of our society, their children and their grandchildren
The IMF, the United States' government, many other governments around the globe, and most independent economists believe — along with us — that the debt must be restructured.
The Eurogroup had previously (November 2012) conceded that the debt ought to be restructured but is refusing to commit to a debt restructure
Since the announcement of the referendum, official Europe has sent signals that they are ready to discuss debt restructuring. These signals show that official Europe too would vote NO on its own 'final' offer.
Greece will stay in the euro. Deposits in Greece's banks are safe. Creditors have chosen the strategy of blackmail based on bank closures. The current impasse is due to this choice by the creditors and not by the Greek government discontinuing the negotiations or any Greek thoughts of Grexit and devaluation. Greece's place in the Eurozone and in the European Union is non-negotiable.
The future demands a proud Greece within the Eurozone and at the heart of Europe. This future demands that Greeks say a big NO on Sunday, that we stay in the Euro Area, and that, with the power vested upon us by that NO, we renegotiate Greece's public debt as well as the distribution of burdens between the haves and the have nots.
http://yanisvaroufakis.eu/2015/07/01/why-we-recommend-a-no-in-the-referendum-in-6-short-bullet-points/
That is the system we are currently in. Western Captalist, liberal (in the personal sense) and market orientated.
Numerous countries have stepped in and bailed out their banks, Royal Bank of Scotand being one of the biggest bail outs in UK history.
I don't agree with your point No 4. Trust is a central issue in commerce. If we were to follow your logic in this regard, cheque books would be irrelevant, only cash would work. I assume you do 4 weeks of work and at the end of it you trust your employer to pay your salary. I do.
If there were to be no trust, then we would all be paid on a daily basis, nobody would have a bank account or a CC.
Greece has not been able to demonstrate financial viability since the 1970's.
It has to make a decision, either become irrelevant or become finacially viable as a nation.
Until that realisation is made… debt can be written off time and time again from now until infinity and we would still all be back at square 1 with Greece.
Your point..
"do you think there is honour in torturing a debtor until they pay up, do you think there is honour in bringing a people to their knees when there "
Debtors do go to jail…. sometimes! As for torture, just because you go through a rough few years does not mean you will be undergoing torture for life. Anyway if you want to see real torture… look at Syria and Iraq.
With Greece falling out of the TARGET2 system… is that due to torture or trust?
We can both go around the houses quoting various economists… here's two from me
http://www.socialeurope.eu/wp-content/uploads/2015/01/OP6.pdf
http://www.telegraph.co.uk/finance/economics/11372369/Three-myths-about-Greeces-enormous-debt-mountain.html
Greece requires inflation and growth and for 1 ..less spending on fancy F16 fighter jets and other expensive NATO weapons.
The fact that Greece has a strong communist shadow in their psyche, and that they elected a party which has destroyed trust in a lot of areas… implies that they are responsible for the affairs of their own nation… and it's consequnces, not the Germans or the French.
By the way… that IMF link you posted….. certainly puts a cat among the pidgeons… but is it a independent form of thinking…. or the USA stirring things again as it considers Greece's NATO membership?
Time will tell…. and my money is still on Greece voting for Euro membership and Syriza out by end of July.
Interesting perspectives here…
http://www.bloomberg.com/news/articles/2015-07-02/everybody-hates-greece
FWIW, I hope it is a No as well. Velvet divorce is only option
Kerchavsays:
Not quite 100 years ago but just 63 a host of creditor nations choose not to line it's tanks on the borders of the German Republic but rather sat down with them over a number of months in London. When they walked away German carried with it the catalyst for the economic powerhouse it is today and 51% write down on debt. Not only that but repayments would be suspended in any year it did not record a trade surplus and and would never exceed 3.5% of export earnings thereby creating the economic incentive to support an export culture.
In Germany it is against the law to even utter a denial of the Jewish holocaust. It's sense of history however appears to manifest itself through contrition for the horrors it befell and through gratitude of the hasty forgiveness from those
it offended. In being contrite they retain some level of control of what they concede to others, in being gracious they are passing a baton of control that clearly does not sit well with their psyche.
Rubbish – maybe. But one must seek some explanation when dealing such striking levels of double standards. Herr schauble was 11 years old when his country concluded the 1953 London deal that no doubt profoundly altered the prospects for the life that has brought him to where he is now.
Correction typo
"Rather than through gratitude" ,….as opposed to "and through gratitude"
@Bond. Eoin Bond.
Your argument ("Don't the Germans have a right to have a say?") is one I often hear made. It's a non sequitur. The Germans have the right to elect whatever government they want. So do the Greeks. What neither has the right to do is to decide that the sovereign will of their people extends so far as to choose the government of the other country in the way that the anonymous official (whose name no doubt begins with S and has an umlaut in it) suggests. Still less do they have the right to suborn European institutions to this aim.
If you don't see what's wrong with this, can I assume that you also thought the Iraq war (or, better, Reagan's attack on Grenada) were mere expressions of "the democratic will" of the American people? There is nothing democratic about regime change, even where the regime is not itself democratic. And in the case at hand, the Germans are talking about nothing less than a bloodless coup in a democratic state.
@ninap
We agree that something is grotesque. I think what's grotesque is the behaviour of the German hegemon that the EU was meant to contain (how's that working out?). You think what's grotesque is calling the hegemon a "hegemon" rather than "our German brothers and sisters."
you have touched on the fundamental flaw with the entire monetary union…and that is, that in fact it is not a union at all. You cannot "fail" out of target 2 if it operates as its supposed to….Texas cannot fail out of the target 2 equivalent in the United States – that is because the US is a proper monetary union.
I find it incredible that you state this as a precedent that should guide anyones thinking in relation to Greeks plight. So to square the circle, it is perfectly okay (nay even proper) that when banks fail, private enterprises in pursuit of profit that take risks in that pursuit, the citizenry should bail them out. That is the world we live in and that is fine – its happened before and we have learned to accept it. But when a country that is on its knees suggests these same banks ought to be bailed into their plight to take some of the flak for that countries failures it is simply non-negotiatable. Failed bank – state bail in. Failed State – no bank bail in. Please tell me you see the complete double standard in that??? If you do and still want to argue your position I am happy to take that on….but if you don't, I'm afraid I will leave you to it.
Ernie,
Spot on for once. EZ calling for regime change is wrong & dangerous to boot. Greece is a sovereign state. It's electorate can elect who they see fit & to pursue the policies they see fit. However the need not complain if other states decline to finance these policies.
Greece is a failing state & the EZ is trying to fix it. The odds are against that. For every Serbia you have an Iraq & a Syria. What is needed is a total disengagement by the EZ from Greece to allow it the space to do what ot sees fit.
Indeed double standards…. a lot of Greeks survive on tourism during the summer season… and social welfare during the off season.
Double standard or not… it is simply unsustainable.
You repeatedly say " a country on it's knees". Yet you fail to see the progress which was made in 2014. Greece was producing a small surplus in it's finances.
With political instability….. things fell apart in the 4th quarter. Since the election of a party things have gone well down hill.
The IMF are saying things are now unsustainable…because Growth has disappeared.
We can argue perspectives this way and that… however if you wish to donate your personal pension fund to Greece for zero return… then you know what to do.
@ Tull
If only it were that simple.
1: Greece never well managed
2: Goldmann cook the books to pretend it was
3: Bankers lend it loads of money without doing due diligence
That's why we are where we are
The 300m Greece owe Ireland ain't gonna put a dent in my pension. The 64bn our government allowed to be siezed from this state sure as hell might though.


Mounted on the bottom of the pedalboard that sits on top of the racks.
[This post from Underworld's Instagram account](https://www.instagram.com/p/BaJLwnMHXDx/) shows some of Karl's gear set up in the foreground, with the TU-12 visible in the lower-left corner.
According to Guitar Geek's rig diagram, Frehley uses the Boss TU-12 tuning pedal.
According to Wimbish's site, he's using the tuner "on the floor".
This is the type of tuner Squire used throughout the Stone Roses. A Boss TU-12 chromatic tuner.
Listed under Adam's gear on Vividgreen.net.
In this photo [(source)](http://www.kulick.net/blog/index.shtml#day49), Boss TU-12H can be seen.
The Boss TU-12 is a chromatic tuner. You can see the Boss TU-12 in the picture which I included on the left. This is a photo of one of Brad's pedalboards when he was still with Third Day. You can have a better look at this pedalboard here. The Boss TU-12 is the pedal on the right, between the Electro-Harmonix POG and the Fulltone Wah pedal. You can have a closer look at this tuner here. On this image you can clearly see all of the tuner's knobs and controls.
"I heard you just got a BOSS TU-1000, the top-of-the-line BOSS tuner. Yeah, it's cool. I'm just messing around with it now. I've always used [BOSS] TU-12—the staple—and in an old rack I have the half-rack BOSS TU-50."
Boss TU-12 is included in this diagram of Edwyn's setup.
This site lists Oz Noy's 2009 gear, including this pedal.
Boss TU-12 is Greenberg's pedalboard tuner. He uses the black version, as seen in rig diagram.
When I was starting on the wee acoustic, this dinosaur kept me from sounding as terrible. While it cannot compare to the TU-2 that I now have, it was still a very useful tool. The only problem was I had no adapter, and I never had batteries, so that was annoying. But otherwise, it was a very reliable tuner.
I love the 80s Boss needle tuners. If I could see them on stage better I wouldn't use a pedal tuner.
Before smartphone apps and snark and polytune, this was king.
The first tuner I ever bought. Purchased because it has a mic in addition to the line input (and I play horns in addition to electric guitar and bass). Worked extremely well, without fail, for many years. Anyway, it's ancient technology now and I couldn't even tell you where it is resting, but hopefully R.I.P.
Had to do a double-take, this this has a mic out?
Let me just dig through all my dad's old junk and find this thing again.
Narcist, do another take. I said it has a mic. Mic input. "mic in addition to the line input." No it does not have a mic output. I believe it does have a line out, though. Pretty sure it does. I'd have to dig mine out of my old junk to be sure.
This is my backup tuner, or what I use to tune my acoustics when they're not plugged in.


text:
Q: CodeIgniter: Create new helper? I need to loop lot of arrays in different ways and display it in a page. The arrays are generated by a module class. I know that its better not to include functions on 'views' and I want to know where to insert the functions file.
I know I can 'extend' the helpers, but I don't want to extend a helper. I want to kind of create a helper with my loop functions.. Lets call it loops_helper.php

A: Some code that allows you to use CI instance inside the helper:
function yourHelperFunction(){
    $ci=& get_instance();
    $ci->load->database();

    $sql = "select * from table";
    $query = $ci->db->query($sql);
    $row = $query->result();
}

A: A CodeIgniter helper is a PHP file with multiple functions. It is not a class
Create a file and put the following code into it.
<?php if ( ! defined('BASEPATH')) exit('No direct script access allowed');

if ( ! function_exists('test_method'))
{
    function test_method($var = '')
    {
        return $var;
    }
}

Save this to application/helpers/ . We shall call it "new_helper.php"
The first line exists to make sure the file cannot be included and ran from outside the CodeIgniter scope. Everything after this is self explanatory.
Using the Helper

This can be in your controller, model or view (not preferable)
$this->load->helper('new_helper');

echo test_method('Hello World');

If you use this helper in a lot of locations you can have it load automatically by adding it to the autoload configuration file i.e. <your-web-app>\application\config\autoload.php.
$autoload['helper'] = array('new_helper');

-Mathew

A: Create a file with the name of your helper in /application/helpers and add it to the autoload config file/load it manually.
E.g. place a file called user_helper.php in /application/helpers with this content:
<?php
  function pre($var)
  {
    echo '
';
    if(is_array($var)) {
      print_r($var);
    } else {
      var_dump($var);
    }
    echo '
';
  }
?>

Now you can either load the helper via $this->load->helper('user'); or add it to application/config/autoload.php config.

A: Just define a helper in application helper directory
then call from your controller just function name like
helper name = new_helper.php
function test_method($data){
 return $data
}

in controller
load the helper
$this->load->new_helper();
$result =  test_method('Hello world!');
if($result){
 echo $result
}

output will be
Hello World!

A: To retrieve an item from your config file, use the following function:
$this->config->item('item name');
Where item name is the $config array index you want to retrieve. For example, to fetch your language choice you'll do this:
$lang = $this->config->item('language');
The function returns FALSE (boolean) if the item you are trying to fetch does not exist.
If you are using the second parameter of the $this->config->load function in order to assign your config items to a specific index you can retrieve it by specifying the index name in the second parameter of the $this->config->item() function. Example:
// Loads a config file named blog_settings.php and assigns it to an index named "blog_settings"
$this->config->load('blog_settings', TRUE);

// Retrieve a config item named site_name contained within the blog_settings array
$site_name = $this->config->item('site_name', 'blog_settings');

// An alternate way to specify the same item:
$blog_config = $this->config->item('blog_settings');

$site_name = $blog_config['site_name'];

A: Well for me only works adding the text "_helper" after in the php file like:

And to load automatically the helper in the folder aplication -> file autoload.php add in the array helper's the name without "_helper" like:

$autoload['helper'] = array('comunes');

And with that I can use all the helper's functions

A: To create a new helper you can follow the instructions from The Pixel Developer, but my advice is not to create a helper just for the logic required by a particular part of a particular application. Instead, use that logic in the controller to set the arrays to their final intended values. Once you got that, you pass them to the view using the Template Parser Class and (hopefully) you can keep the view clean from anything that looks like PHP using simple variables or variable tag pairs instead of echos and foreachs. i.e:
{blog_entries}

{title}

{body}

{/blog_entries}

instead of
<?php foreach ($blog_entries as $blog_entry): ?>

<?php echo $blog_entry['title']; ?>

<?php echo $blog_entry['body']; ?>

<?php endforeach; ?>

Another benefit from this approach is that you don't have to worry about adding the CI instance as you would if you use custom helpers to do all the work.

redpajama_set_name: RedPajamaStackExchange


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A non-profit organization receiving donated cancer medicines from a pharmaceutical company was needing a partner to handle the supply chain related activities to deliver the medicines to patients.
The non-profit organization was previously relying on the pharmaceutical company for distributing and importing the donated medicines into numerous countries being served through the non-profit's named-patient program for donated medicines.
After evaluating options, TannerMAP was selected by the non-profit organization to be its exclusive distribution partner.
TannerMAP would receive the donated goods from the pharmaceutical company on behalf of the non-profit, transport the medicines to 70+ countries in five continents, handle the importation of the goods into the country and support the non-profit with the validation of the institutions receiving the medicines.
Entering into a partnership with TannerMAP enabled the non-profit organization to seamlessly assume the responsibility of the supply chain activities from the pharmaceutical company.


LevelOne WBR-6804, a 3G mobile broadband router with high speed wireless, designed for home, SOHO and business user featuring a USB port for 3G connectivity. With a maximum theoretical throughput of 150Mbps, the Dual-WAN interfaces for 3G USB modem and xDSL/cable modem to ensure network stability with auto-failover feature. The built-in 4-port full-duplex 10/100 Switch to allow easy connecting of other wired-Ethernet devices. Ideally for creating a portable hotspot for sharing your 3G connectivity wirelessly among multiple users wherever you go.
Quick To InstallThere are two approaches to have your network set up quickly and hassle-free. You can either install an Easy Setup Utility program from the provided CD or browse the intuitive web-based user interface to complete the setup wizard. Both features provide step-by-step guidance that allows you to setup the device without sacrificing any key features.
Auto Failover DesignWith the WAN backup mechanism enabled, you will be assured of a reliable Internet connection in case your primary WAN connection goes down, it will failover to a secondary WAN connection automatically. In the meantime, if the device detects that your primary connection goes back on track, it will switch back from the secondary connection to the primary one again.
Comprehensive Network Security Your network security is always our first priority. Our device supports the following features: SPI (Stateful Packet Inspection), packet filtering, domain filtering, URL content filtering and MAC control. All these features are dedicated to provide maximum protection against IP-based attacks, Dos (Denial of Service) attacks, unauthorized access and harmful websites.


It would seem we have another hurdle in front of us within the construction industry. New figures published by CITB-Construction Skills show that there are less youngsters coming into the construction indusrty. This means that construction firms face a retirement timebomb with one in six workers due to retire within the next decade and too few youngsters left to replace them.
The trend has continued over the last few years and now we are also getting more migrant workers who are less skilled than those trained to British standards. This will have a serious impact on the quality of construction within the industry.
This apparent timebomb will not just affect the trade occupations, the effects will also include professional trades like architects, surveyors and engineers. What we need is a big push to get more youngsters into the industry and boost our skilled professionals. What can the goverment do to facilitate this?
For more on this article see Retirement Timebomb to Hit Construction.


text:
Britain's Prince William and Kate visit Canada
VICTORIA-Britain's Prince William and his wife Kate arrived in British Columbia on Saturday for an eight-day trip during which they will view spectacular nature sites and meet with refugees and indigenous Americans.
READ MORE: Hundreds protest against new French bioethics bill
William, holding his son George by the hand, and Kate, with daughter Charlotte in her arms, stepped off their plane at around 4:00 pm (2300 GMT).
George, 3, more interested in a helicopter hovering overhead than by protocol, and his year-old sister, wearing a smocked dress for her first foreign trip, climbed aboard a car with their parents headed for a gorgeous Victorian home where they are staying for the visit.
The royal family was received an hour later at a ceremony with military honors and a 21-gun salute under blue skies on the lawn in front of the westernmost Canadian province's legislature on Vancouver Island.
Prime Minister Justin Trudeau remarked that this visit would be quite different for the royals, now that they are parents of two young children, compared to their last trip to Canada five years ago. "As any parent who has traveled with children knows, it's a whole different experience when you bring your family with you," said Trudeau, who has three young children of his own and joined many official visits when his father, Pierre Trudeau, was prime minister.
READ MORE: House of Lords passes EU withdrawal bill
"Let me caution you from my own experience, if they're anything like our kids, getting them back on a plane after a visit to our beautiful west coast will really be a challenge."
Trudeau was received by the British and Canadian head of state, Queen Elizabeth II, at Buckingham Palace early this year.
"As Canada approaches its 150th anniversary next year, we're excited to meet and interact with the young people who will lead this country into its next few decades," William said, speaking to an enthusiastic crowd.
"And in the year of the queen's 90th birthday, I feel very fortunate to have the opportunity to thank the people of Canada for the warmth and generosity they've extended to my grandmother throughout her reign."
After a children's chorus sang the Canadian national anthem, William and Kate exchanged greetings with locals.
The duchess of Cambridge, sporting a blue dress and matching hat, her hair gathered in a bun, wore a brooch in the shape of a maple leaf, Canada's national symbol.
This time, the prince and his wife will take in the natural beauty of Canada's Pacific coast, heading as far north as the rugged Yukon territory, and will also meet with indigenous people.
George and Charlotte will stay with their nanny in Victoria, the capital of British Columbia.
Royal fever has taken hold in the city of Victoria, where the provincial parliament has been decorated to welcome the British couple.
Accompanied by the Trudeaus, the royal couple will begin their trip in earnest on Sunday in Vancouver by visiting a shelter for refugees and a home for children with mental disabilities.
Kate, the Duchess of Cambridge, will also go with Sophie Trudeau to meet with women living at a drug rehabilitation residence. Vancouver has seen a spike in overdoses involving the powerful synthetic opioid fentanyl.
The rest of the visit will take William and Kate to the island of Bella-Bella for a traditional indigenous ceremony at the foot of a totem poll, then for a hike through a rainforest before heading north to the city of Whitehorse in the Yukon, a wild, mountainous territory with a sparse population.
Then they will stop off in Kelowna in the Okanagan Valley in the south of the province, near the US border.
For their fans, William and Kate have set aside time at the end of the trip for a big festival at which residents of Victoria will be able to snap photos of them and their kids.
The family will leave Victoria by seaplane on October 1, before returning to Britain on their official plane.
Some Canadians - mainly those who dislike the royal family's expensive lifestyle - are complaining about the cost of the visit for taxpayers.
The cost of the trip to British Columbia and the Yukon will be disclosed after it is over.
But when the couple visited in 2011, two months after their wedding, the trip cost Canadians Can$1.2 million ($0.91 million US).
9:19 AM | October 14, 2019
Prince William, Kate Middleton to reach Pakistan on historic visit today
Alice Wells to visit Pakistan on 19th
DIG pays visit to Mughalpura police station
Canada 'temporarily' moving troops out of Iraq
PAPA THIS IDIOM IS APPLIED UNIVERSALLY OR IT IS NEIGHBOUR-SPECIFIC? "Barking Dogs Seldom Bite"
The refugee question
Prof. Khursheed Ahmad
Kashmir: Some important facts
K. Iqbal
Afghanistan's untenable stalemate
The Pakistani in row W
Another War
A Humanitarian Emergency
Oversimplifications
Quaid's death anniversary
Nurses in Balochistan
No nation can rise to height of glory unless?


Our experts pick four unmissable dance and ballet holidays for 2019.
The soul of Denmark does not lie in hygge, nor Scandi noir, nor sleek furniture design; it is embodied by dance. The Royal Danish Ballet is one of the world's oldest and most highly regarded ballet companies, and performances are always worth the trip to Copenhagen. This year's programme highlights include the national favourite Napoli (until March 7), Prokoviev's Cinderella (March 9–April 5), Neumeier's La Dame aux Camélias (May 24–June 6) and a new interpretation of August Strindberg's scandalous love triangle About Miss Julie (June 13–18).
If you like to partake as much as watch, the Ritmo Cuba is an annual Latin dance event in Havana where dancers, students, teachers and choreographers from around the world come to dance to a salsa rhythm. More than 60 expert salsa teachers attend, including the principal dance instructors from each of the major salsa schools in Havana. Classes include Cuban salsa, rueda de Casino, reggaeton, cha-cha-cha, bachata, hip hop, kizomba, rumba or folklorico.
The centrepiece of the festival is the Stars of the White Nights, which comprises two months of performances by the world's greatest ballet company, the Mariinsky, and musicians of international standing at several different venues in St Petersburg: the two Mariinsky Theatres, the Conservatoire and the Hermitage Theatre. Full details of the programme are usually only confirmed in February - see wesbite, below. Subsidiary events include all-night openings at museums and art galleries, including the Hermitage.
This will be the 30th anniversary of the annual festival that brings an impressive line-up of dancers to Vail, in the Colorado Rocky Mountains each summer. It has its roots in the satellite school of the Bolshoi Academy and has gone from strength to strength under artistic director Damian Woetzel – a former principal dancer with New York City Ballet. This year's performers include Francesca Hayward and Marcelino Sambé, star dancers from the Royal Ballet. Tickets go on sale from March 5.


text:
Asset 19 Newsletters
Can the Center Catch the Football?
By Bobby R. Goldsmith
How Is Badminton Scored?
How to Play Doubles Table Tennis
Can You Score Directly Off the Kickoff in Soccer?
Basketball Rules for Grabbing the Ball From the Inbounds Passer
Tennis Court Sprint Exercises
Football is a heavily regulated and officiated sport. Every possible play has many strict rules on which player can do what actions, and which actions are prohibited. Often, these rules are designed to prevent plays that are too tricky or deceiving, giving a defense a fair chance of equitable competition. For example, the rules clearly detail who can and cannot catch or run the ball after the snap for a variety of different situations. The center, generally, cannot touch the ball again after the snap, except for certain situations.
Center's Role
The center is the only player on the field, on either offense or defense, who touches the ball before the snap. The rules deny the center the ability from simply picking up the ball and lunging forward with it, as that would be too difficult for a defense to stop. The center must snap the ball to another player, either the quarterback or a running back. Once the snap takes place, the center engages with the defensive line to block defensive linemen and clear space for the play.
Eligible and Ineligible Receivers
A tackle or guard on the offensive line can, by rule, catch the ball as long as he declares himself an eligible receiver, lines up at either end of the offensive line, or lines up at least 1 yard behind the line of scrimmage. To do this, the lineman tells the referee that he is an eligible receiver, and in most cases the defense becomes aware of this declaration. One lineman per play, per formation may declare as an eligible receiver. The center cannot declare as an eligible receiver while also being the player who snaps the ball, and being unable to line up in a permissible way.
Tipped or Batted Balls
The center can catch a ball if it is tipped or batted at by any defensive player, or by any receiver or running back on his own team. Once the ball makes contact with a defender or eligible player, any other player on the field can legally catch it and advance the play without penalty. Typically, plays where a forward pass is deflected by the outstretched hand of the defender so that it pops straight in the air are the most common times a center legally catches it.
The other exception to the general prohibition on centers catching the ball is during lateral passes. As long as the quarterback is not throwing a forward pass directly to a player, any other player is eligible to touch the ball. This means that the ball cannot be thrown forward at all, not even a single yard. It must be thrown to one side of the quarterback, or behind him. For example, the quarterback pitches the ball to a running back, who attempts to run upfield. Seeing that he's blocked, he pitches the ball sideways to another player, who then pitches it behind him to the center just to keep the play alive. This is a legally permissible catch.
Football Offenses and Plays; ed. Bill Mallory, Don Nehlen
Football's Best Offensive Playbook; ed. Dwight Hawkes
Bobby R. Goldsmith is a writer and editor with over 12 years of experience in journalism, marketing and academics. His work has been published by the Santa Fe Writers Project, "DASH Literary Journal," the "Inland Valley Daily Bulletin" and WiseGEEK.
Volleyball Front Row Rules
What Is a Football Screen Pass & Draw Play?
Football Rules for the Tackle Box Dimensions
Alternating Possession Rules for Basketball
What Is the Trapezoid Behind a Hockey Goal for?
What Are the Rules for Reverse Coed Volleyball?
What Is a Silent Count in Football?
What Is the Restricted Zone in Basketball?
A Summary of the Rules of Professional Soccer
1 Volleyball Front Row Rules
2 What Is a Football Screen Pass & Draw Play?
3 Football Rules for the Tackle Box Dimensions
4 Alternating Possession Rules for Basketball
Coupones and Discounts