• Теги
    • избранные теги
    • Компании74
      • Показать ещё
      Страны / Регионы7
      • Показать ещё
      Разное5
      Международные организации5
      Люди2
Выбор редакции
28 марта 2013, 11:25

Uni-Pixel Has Ballooned From Hype, Not A Better Technology

Fundamentally, I believe Uni-Pixel (UNXL) is very overvalued. I have done extensive research on the touch screen sector and interviewed many experts on it. Hedge fund managers and the "smart money" seem to be short this stock in droves. They, like myself, plan on holding for the next couple months, when the company will be exposed for what it is.Statements by management and Seeking Alpha articles, as well as a short squeeze, has caused a very strong uptrend that seems to have cooled off a little. However, keep in mind that this uptrend has been going on a long time, since January, when the stock was in the mid teens. With no new, fundamental news it has rallied to the current price of $32. If this stock reverses and goes on a clear downtrend, I believe it can be equally long and fierce. The true value I believe ofComplete Story »

25 марта 2013, 01:59

Во время акции против однополых браков в Париже применили слезоточивый газ

Французская полиция применила слезоточивый газ для разгона участников воскресной акции протеста против однополых браков в Париже, передают СМИ Франции в воскресенье. Как сообщает агентство, несколько сотен агрессивно настроенных молодых людей прорвали кордон полиции и вырвались на Елисейские поля. Два человека были арестованы, о пострадавших не сообщается. По словам организаторов, в акции протеста приняли участие около 1,4 миллиона человек. Полиция сообщает, что акция собрала 300 тысяч человек, передает РИА «Новости» со ссылкой на AFP. Акция протеста, инициатором которой выступила организация «Манифестация для всех», прошла в воскресенье в самом центре французской столицы - вблизи Триумфальной арки. Участники акции, приехавшие в столицу из разных департаментов страны, заполнили прилегающие к достопримечательности улицы. Они протестовали против так называемого законопроекта «Брак для всех», который в случае принятия легализует в стране однополые браки и позволит таким семьям усыновлять детей. Против этого шага выступают представители правой оппозиции и католическая церковь. В середине февраля законопроект был одобрен Национальным собранием (нижней палатой парламента) Франции, а его рассмотрение в Сенате (верхней палате парламента) запланировано на начало апреля. Как сообщала газета ВЗГЛЯД, 21 марта в ходе аналогичной акции студенческая организация правого толка UNI вывесила на Триумфальной арке в Париже транспарант против легализации однополых браков. Растяжка провисела всего несколько минут - в дело оперативно вмешалась парижская полиция. Предыдущая массовая акция протеста прошла 13 января на Марсовом поле Парижа, участие в ней приняли от 340 тысяч (по оценке полиции) до 800 тысяч человек (по подсчетам организаторов). 12 февраля Национальное собрание Франции после 10 дней обсуждения большинством голосов одобрило проект закона, предусматривающий легализацию однополых браков и разрешающий таким семьям усыновлять детей. Легализация однополых браков была одним из предвыборных обещаний президента Франции Франсуа Олланда. Глава государства не исключил проведения референдума по данному вопросу. В настоящее время во Франции разрешены лишь гражданские союзы однополых пар. Вопросы легализации однополых браков в последнее время привлекают все большее внимание западноевропейского общества. Так, в начале февраля палата общин парламента Великобритании также проголосовала за законопроект о легализации однополых браков. За изменение действующего законодательства высказались 400 парламентариев, против - 175. Закладки:

24 марта 2013, 19:39

Многотысячное шествие против легализации однополых браков прошло в Париже

Многотысячная акция протеста против однополых браков началась в воскресенье в Париже. Тысячи человек из разных департаментов страны прошли шествием от Большой арки братства в квартале Дефанс к не менее известной парижской достопримечательности - Триумфальной арки. Участники шествия, инициатором которого выступила организация «Манифестация для всех», протестуют против так называемого законопроекта «Брак для всех», который легализует в стране однополые браки и позволяет таким семьям усыновлять детей.«Мы будем призывать президента Республики отозвать законопроект о браке и усыновлении для всех. Этот законопроект подрывает общество, отрицая родство и естественные родственные связи, вследствие чего неизбежны экономические, социальные и этические проблемы. Сегодня - исторический день для того, чтобы остановить вторжение гендерной идеологии...», - говорится в заявлении организаторов шествия.Вместе с тем, они призывают власти страны к проведению всенародного референдума, посвященного законопроекту, передает РИА «Новости». Как сообщала газета ВЗГЛЯД, 21 марта в ходе аналогичной акции студенческая организация правого толка UNI вывесила на Триумфальной арке в Париже транспарант против легализации однополых браков. Растяжка провисела всего несколько минут - в дело оперативно вмешалась парижская полиция. Предыдущая массовая акция протеста прошла 13 января на Марсовом поле Парижа, участие в ней приняли от 340 тысяч (по оценке полиции) до 800 тысяч человек (по подсчетам организаторов). 12 февраля Национальное собрание Франции после 10 дней обсуждения большинством голосов одобрило проект закона, предусматривающий легализацию однополых браков и разрешающий таким семьям усыновлять детей. Легализация однополых браков была одним из предвыборных обещаний президента Франции Франсуа Олланда. Глава государства не исключил проведения референдума по данному вопросу. В настоящее время во Франции разрешены лишь гражданские союзы однополых пар. Вопросы легализации однополых браков в последнее время привлекают все большее внимание западноевропейского общества. Так, в начале февраля палата общин парламента Великобритании также проголосовала за законопроект о легализации однополых браков. За изменение действующего законодательства высказались 400 парламентариев, против - 175. Закладки:

Выбор редакции
21 марта 2013, 00:52

Противники однополых браков вывесили транспарант на Триумфальной арке в Париже

Активисты французской студенческой организации правого толка UNI в среду вывесили на Триумфальной арке в Париже транспарант против легализации во Франции однополых браков и разрешения однополым семьям усыновлять детей. Участники акции поднялись на Триумфальную арку и сбросили оттуда веревки, к которым находившиеся внизу активисты привязали большой черный транспарант с обращением к президенту Франции: "Олланд, ты слышишь свой народ?". Растяжка провисела всего несколько минут - в дело оперативно вмешалась парижская полиция.

21 марта 2013, 00:32

Акция против легализации однополых браков прошла в Париже

Французская студенческая организация правого толка UNI в среду вывесила на Триумфальной арке в Париже транспарант против легализации во Франции однополых браков и разрешения однополым семьям усыновлять детей, сообщают местные СМИ. Участники акции поднялись на Триумфальную арку и сбросили оттуда веревки, к которым находившиеся внизу активисты привязали большой черный транспарант с обращением к президенту Франции: «Олланд, ты слышишь свой народ?». Растяжка провисела всего несколько минут - в дело оперативно вмешалась парижская полиция, передает РИА «Новости». Триумфальная арка венчает главную авеню Парижа - Елисейские поля - на которой противники легализации однополых браков хотят провести в воскресенье многотысячную акцию протеста.На минувшей неделе префектура столичной полиции предупредила, что не допустит акции на этой улице по соображениям безопасности.Между тем, активисты объединения «Манифестация для всех», которое организует протестное движение против обсуждаемого парламентом закона о легализации однополых браков и усыновления, от своих планов отказываться не намерены. Предыдущая массовая акция протеста прошла 13 января на Марсовом поле Парижа, участие в ней приняли от 340 тысяч (по оценке полиции) до 800 тысяч человек (по подсчетам организаторов). Как сообщала газета ВЗГЛЯД, 12 февраля Национальное собрание Франции после 10 дней обсуждения большинством голосов одобрило проект закона, предусматривающий легализацию однополых браков и разрешающий таким семьям усыновлять детей. Легализация однополых браков была одним из предвыборных обещаний президента Франции Франсуа Олланда. Глава государства не исключил проведения референдума по данному вопросу. В настоящее время во Франции разрешены лишь гражданские союзы однополых пар. Вопросы легализации однополых браков в последнее время привлекают все большее внимание западноевропейского общества. Так, в начале февраля палата общин парламента Великобритании также проголосовала за законопроект о легализации однополых браков. За изменение действующего законодательства высказались 400 парламентариев, против - 175. Закладки:

Выбор редакции
21 марта 2013, 00:23

Французские студенты провели акцию протеста против однополых браков

Активисты французской студенческой организации правого толка UNI в среду вывесили на Триумфальной арке в Париже транспарант против легализации во Франции однополых браков и разрешения однополым семьям усыновлять детей.

Выбор редакции
19 марта 2013, 22:07

Array

Propulsion by cilia is a fascinating and universal mechanism in biological organisms to generate fluid motion on the cellular level. Cilia are hair-like organelles, which are found in many different tissues and many uni- and multicellular organisms. Assembled in large fields, cilia beat neither randomly nor completely synchronously—instead they display...

Выбор редакции
16 марта 2013, 13:00

The three women fighting to clear their loved ones' names

What is it like if your brother or son is convicted of murder when you are convinced they are innocent? We meet three women who have fought for years to prove their loved ones' innocenceWendy Cohen sits at a living-room table crammed with campaigning literature. There are photographs of the time they took a bus to prison to celebrate her son Sam's 21st birthday, newspaper interviews, a documentary made with Trevor McDonald. All of this helped to clear Sam Hallam's name last year.Hallam was sentenced to life for the murder of trainee chef Essayas Kassahun in a gang attack in east London in October 2004. He was one of two men convicted of the killing after a "joint enterprise" prosecution in which there had initially been nine defendants. The joint enterprise law is harsh and uncompromising: if your presence, knowledge or actions lead to a serious crime such as murder, you, too, could be charged with it.Cohen says Hallam was an innocent – young for his age, smaller than her other boys. He was 17 when Kassahun, 21, was killed, and always said he had not been at the scene. He was arrested on a Wednesday, and the next day the mother of one of the boys arrested alongside him turned up at Cohen's door and said Sam hadn't been there. The woman then went to the police with her son to say the same thing, but it made no difference. In October 2005, Hallam, by then 18, was given a life sentence and jailed for a minimum of 12 years.Cohen, broken and distraught, didn't know what to do. So she did nothing. She stopped going out and started to drink alone. When, in 2007, Hallam lost an appeal, she broke down. "I was screaming the courts down, and the QC Robert Fortune said there was no more he could do." Paul May, who'd campaigned on behalf of the Guildford Four and Birmingham Six, turned up at the court of appeal to support the family. "Paul said, 'Come to the pub.' I did, and he said, 'This is where we step in.' "May advised two things: first, scrutinise all the evidence. Part of the problem was that Hallam's alibi was inconsistent. Questioned by the police two weeks after the crime, he got his dates confused when asked what he'd been doing that night. He said he'd been playing football with a friend, who told the police he hadn't. In fact, Hallam had been in the pub with his father, but nobody had remembered.Second, May said they had to get as much publicity as possible. So they started an official campaigning group and devised any number of media stunts. Cohen points out pictures of people jumping out of a plane and a programme from a play about Hallam's case that was performed at the King's Head in Camden. There are photographs of the day they all went to Birmingham to present their new evidence to the Criminal Cases Review Commission. "I didn't have a clue what the CCRC was before Sam was convicted," Cohen says.May realised they needed television coverage. Sam's best friend was Bobby Hopwood, a nephew of the actor Ray Winstone. Winstone got on board and, with the celebrity angle, Tonight With Trevor McDonald agreed to do a show about Hallam.The campaign was effective and it seemed inevitable the CCRC would grant a second appeal. Cohen says the turning point came when Thames Valley police reinvestigated the case. In the end, it wasn't hard to clear Sam's name. Of the two witnesses who claimed to have seen him at the scene of the crime, one changed her account several times and eventually told the Old Bailey, "I was just looking for someone on the spot to blame." Another said Hallam was "the only white boy I know from Hoxton, so I said it was Sam". There was no forensic evidence to link Hallam to the scene and he was of previous good character. Ultimately it was his mobile phone, which the police had kept all the time, that provided crucial corroborative evidence – a photograph showed he had been in the pub with his father that evening.In October 2010, a report in the Independent suggested Hallam was likely to be cleared on appeal. The following day Hallam's father Terry hanged himself. Three years on, Cohen still can't make sense of it. The couple had split a couple of years before Sam was charged, but had remained on good terms. Terry was the optimist, she says. She was the one prone to depression. "Terry had the paper's report in his pocket when he hanged himself." She splutters and bites her lip. "The timing. Just when things looked brilliant. Mad."Hallam was told of his father's death by the prison chaplain and attended his funeral. "He was breaking his heart and couldn't even wipe his eyes or nose, because he was handcuffed both sides."Hallam eventually had his conviction quashed on 17 May 2012. After seven years in jail, and aged 24, he still looked like a teenager. "The whole court was screaming and Paul May ran out sobbing," Cohen says. "One of my friends, who's a size eight, lifted me up – and I'm heavy. Sam kept looking up at the ceiling and the judge asked if he understood: 'Does somebody need to explain to Mr Hallam what happened?' Everybody else was crying."Famous miscarriages of justice often come with a number: the Guildford Four, Birmingham Six, Cardiff Three. Then there are those individuals who spend decades wrongfully imprisoned: Barry George, Stefan Kiszko, Winston Silcott, Kenny Richey. In nearly every case, it was family members who were responsible for getting convictions overturned. But what does it mean for the sister, brother, mother or father who sacrifices everything to fight for their loved one?Brigitte Butcher is driving to the scene of the crime. She is at a very different stage of her fight – still trying to convince the world that her brother is not guilty of the shocking murder of which he was convicted. Thirty-nine-year-old Dawn Walker was discovered near the river Lark in Suffolk in February 2005. She was partially naked, her head shaved; she had been immersed in water and left to die of hypothermia, then burned, in an attempt to destroy the evidence, and dumped by the river.Six weeks later, Butcher's brother, Kevin Nunn, was charged with the murder of his former girlfriend. Butcher still works part-time as a nurse, but much of her time is dedicated to proving Kevin's innocence. Look at the evidence, she says: "It's all circumstantial."Walker and Nunn had split up on Wednesday 2 February 2005, and Walker had not been seen since. They had been in a relationship for two and a half years. They lived separately but enjoyed holidaying together, walking, working out, cooking. Nunn, a welding salesman, had two sons from his marriage, which had ended in divorce 12 years earlier. He was known as a quiet man, one who would rather walk away from a scene than confront it. Even after he was charged, he was not regarded as a danger to the public. In October 2005 he was granted bail and was able to live on his own and sign in at a police station each day until the trial took place at Ipswich crown court a year later.The prosecution argued that Nunn had been crazed with jealousy because he believed Walker was going back to a former boyfriend. Nunn has always maintained that their split was amicable and inevitable; that they had separated before, and had talked for some time about how things weren't working out as they hoped.Walker was found on 4 February and the police conducted door-to-door enquiries the next day. One neighbour said she had seen a silver estate car outside Walker's house at 4.45am on 3 February. Another initially said they had not seen Walker for about two weeks, but later told the police they had heard her rowing with her boyfriend on the night in question and at around 4.50am saw a silver estate car outside her house and two men lugging a heavy item in what looked like a rolled-up carpet into the back of the car.When Nunn was charged, so was Nigel Hill, a colleague of Walker's who'd previously had a relationship with her and owned a silver estate car. Nunn and Hill said it was true that they had visited the house separately to look for her after she had been reported missing (they didn't know each other). Nunn told the police he and Walker had been keen ramblers and he had retraced their favourite walks in an attempt to find her. One of the places he had visited was close to where her body was eventually found on a footpath near the river. The police then examined the area and, not surprisingly, found footprints from Nunn's boots. This was a vital part of the evidence against him.Another significant piece of evidence was the fact that Nunn possessed a key to Walker's home. From the outset he had told the police Walker didn't know he had this key – a few months earlier the couple had briefly split up, she had asked for her key back and he had made a copy of it. He told police this was the key he had used to enter her home to search for her after she went missing.Butcher drives as far as she can on to a field bordering the river before the wheels churn in the mud. It's pouring with rain. We stoop through brambles and netting as close to where Walker was found as we can get – it's a tough, bruising walk, not one you could easily imagine a man making with a body in his arms.There are two things Butcher can't understand about her brother's trial. First, the case against Hill, who was charged with helping Nunn dispose of the body, was thrown out when high court judge Justice Laura Cox ruled there was insufficient evidence. At this point, Butcher assumed the same ruling would be made about Nunn. It wasn't.But the strangest thing, she says, is the sperm evidence. Just six weeks before the trial, the prosecution disclosed to the defence that sperm had been discovered on Walker's thigh. Butcher believed that alone would clear her brother's name. "Kevin said to me, 'I don't know if this is relevant, but they've found sperm on her body' and I said, 'That's great. That's our get-out-of-jail card, because you've had a vasectomy. You can produce semen but not sperm.' " He was tested and sure enough no sperm was produced. But at trial the prosecution dismissed the sperm as "tertiary" evidence – in other words, irrelevant. It was argued that Walker had picked up the sperm from a bench in the gym changing rooms at the golf club she and Nunn had attended separately on the evening they split up. (The prosecution claimed Walker had used the men's changing room that night because the women's was being painted, a claim that remains contested today.)Butcher is incredulous. "This is a respectable golf club and it's an open changing room. I'm sure men don't come in masturbating after their shower with everyone coming and going." She laughs. "It's just not happening, is it? This is where she supposedly sat on the bench with this huge gush of sperm that washed up on her leg. Absurd." The prosecution ruled out the possibility of a sex killing, stating that Nunn had killed her because he was jealous.Has Butcher ever believed her brother is guilty? "No. I just keep thinking they'll realise they've made a huge mistake." Even after he was convicted in November 2006, she was convinced he'd be released on appeal within months. "I'd got no idea that, seven years down the line, we'd still be fighting to get the forensics." Butcher was recently given hope when the supreme court granted a hearing about non-disclosure of evidence in the case, but she knows that's far from a new appeal.Had Kevin ever been in trouble before? She shakes her head. "He had a speeding ticket, and he once bought a bike he didn't know had been stolen. We came from a council estate, got on and did the best we could. My dad was a lorry driver for 30-40 years and before that a farm worker. My mum was very proud." She looks embarrassed. "She always thought we were better than everybody, and in the end I think we believed it. My sister Donna's got a lovely home in France, Kevin had his house and, although he was divorced, he had two lovely boys."The family has moved from Bury St Edmunds since Nunn's conviction. Their home village was too small, the crime inescapable. "I know people in other campaigns who are unable to work; they're depressed and can't function. I understand that. Believe me, there have been difficult days, but you've got to fight on, otherwise they've won. They've already taken Kevin's life away."Butcher is not just a campaigner; she's become something of a detective. She thinks the only way she can prove her brother's innocence is to prove somebody else murdered Walker. She will often spend weekends investigating with her friend Carol, a real detective, asking people if they know anything about the crime. "People slam doors in your face because they think the police have done the right thing or they don't want to get involved."Butcher clearly remembers the moment Nunn was pronounced guilty. "I ran out into the corridor, throwing everything I had in my hands and screaming. I just looked at my dad and thought, has this really happened?" She gulps. "We'd got our statement all prepared – 'Thank you to the jury for making the right decision.' We were so sure."Butcher says her family's fight for justice can be lonely. While her sister and their parents have campaigned on Nunn's behalf, his estranged wife was a witness for the prosecution, describing him as a jealous man, and his children have shown no interest in campaigning for him. She knows her quest upsets Walker's family, who believe Nunn is guilty, but says she must continue the search for evidence that will undermine the prosecution's case. She believes she knows who did kill Walker, but of course getting the police or CPS to listen to her version of events is another matter.How has her life changed? She says she's become cynical. "I don't trust the system any more. If anything went wrong, I don't think I'd be backed up." She also has panic attacks. "I can't go in a lift or toilets without windows. I can't shut the door." She thinks it's worse for her parents. Her father Horace has spent his life savings, £50,000, trying to clear Nunn's name. Butcher says he's recently been in hospital with heart and kidney failure. She begins to cry quietly. "I know there'll be a time when he'll collapse and won't come home, and I'll have to make that call to Kevin."Back home, she shows the piles of newspaper cuttings and letters and transcripts from the court case. She has become a legal expert since she began campaigning. "A lot of people have said to me, 'Why don't you go and study law?' but all I want is a little bed-and-breakfast. I just want peace and quiet." On a good day, she says, she thinks she might realise her dream.She and Nunn write to each other all the time. She tells him what is happening in her life, to create a sense of the larger world for him; he will ask for trainers or socks, or draw diagrams of what he thinks actually happened, or tell his sister that he thinks he has discovered a new piece of the jigsaw and ask if she can investigate for him.The landline rings. It's Nunn. She puts him on speaker phone, and within seconds he is making his case. "I want the real facts to come out. I did not murder Dawn. I had no involvement. I'm innocent; that was a fantasy case that was put into that courtroom. I've only got a few seconds left, sorry. I can phone Friday, that's the best I can do.""I've sent off the trainers," Butcher tells him. "OK, take care. Love you." She puts the phone down. "God!" she says, drawing a deep breath and trying to hold back her tears. "You have good and bad days. Today it's very difficult. Very difficult."Janet Cunliffe is at home on a council estate on the outskirts of Warrington, Cheshire. She still gets angry when she thinks back to the trial of her son Jordan, who was 15 when he was convicted of the murder of 47-year-old Garry Newlove.The attack, outside Newlove's Warrington home, in August 2007, made national headlines. Newlove had gone out to remonstrate with youths he believed were vandalising a neighbour's garden. He died from a single blow to the neck. It was cited as an egregious example of gang culture in lawless Britain. Cunliffe was convicted along with Adam Swellings, 19, and Stephen Sorton, 17. Swellings and Sorton, who aimed the fatal kick, were ordered to serve a minimum of 17 and 15 years respectively; Cunliffe was told he'd serve 12 years. Two other teenagers, including Cunliffe's brother Gareth, were cleared of the killing.Afterwards, the Sun began a campaign to reclaim the streets from violent yobs. Newlove's widow, Helen, campaigned to clamp down on teenage gangs and binge drinking. David Cameron backed her and in 2010 ennobled her as Baroness Newlove.What the papers didn't report was that even the judge accepted Jordan Cunliffe was not involved in the violence – and that he was registered blind. He suffers from keretaconus, a degenerative eye condition. This was to be crucial to the defence and, ultimately, to his conviction. Like Hallam, he was convicted under the joint enterprise law.His mother says there was a medical specialist set to tell the jury about his blindness: "But the judge said the trial was running behind, and the prosecution and defence agreed the expert's evidence would be read out." Her face flushes when she says the prosecution then treated Jordan as if he was lying when he described his blindness, yet it was obvious to everybody in court that he could not see. Before passing sentence, she says, the judge told Jordan he had no need to stand up because of his sight impairment. "How could he have allowed the prosecution to call Jordan a liar for saying he was blind, then say that?"Jordan's father left home when both boys were young and has not been in contact since. They were brought up by Janet, whose partner Dom has supported Jordan and the campaign. At school, one teacher described Jordan as "a lovable imp", while a childhood friend said he'd make them laugh till they cried. Throughout primary school, Jordan won achievement awards, then at 10 he began to lose his sight. By 14, he was virtually blind and his work suffered. He took his GCSEs at 15, with the help of a reader and scribe, and passed, though not with the A grades that had once been predicted for him. His optimism began to return when he was told that on his 16th birthday he would go on the list for transplant surgery and his sight could be restored. But he never went out alone. Cunliffe says the only reason Jordan was in Warrington that day was that his brother and a close friend were with him. "It was a rare treat to go out with people who knew and understood his condition."What could Jordan have seen, say, in this room? "The light, but not your face, from three feet away." Cunliffe takes out a picture she took on his 21st birthday in prison – she is allowed to take photos of him only once a year. "I sometimes think the blindness was a test for what was to come – awful thing for a young boy to lose his sight."Jordan was a wreck in court: "Crying, couldn't stand up, shaking all over." Gareth, who'd already been acquitted, was sitting beside his mother when Jordan was sentenced. "I grabbed his hand and said, 'Whatever you do, don't show any emotion in front of these people, because they haven't won, I won't let them win.' That has stuck with me for the past five years. I won't let the feeling go."How does Gareth feel now? "They grew up in the same bedroom, like twins. When Jordan was jailed, Gareth went on a visit and asked prison staff if he could do six years and Jordan six years – do half his brother's time for him."Cunliffe insists she doesn't want Jordan to get out on a technicality. "We want an effective appeal that could help other joint enterprise cases. The most shocking thing for me is that he could go out on a summer's day, play in the park with his brother, meet up with friends [including Swellings and Sorton, whom he knew from school], be on his way home, then come across a situation that he took no part in, and be put through a trial process that did not want to recognise that he was a child, a blind child. That didn't recognise he could not give evidence, could not help the police, because he did not, could not, see what had gone on. The trial actually proved Jordan took no part in the attack, yet he was still found guilty." She takes a breath. "I will never get my head around that – how someone who did not commit murder can be labelled a murderer and go to prison for murder."Her living room is a jumble of newspaper articles and legal documents. On the wall is a framed certificate of her master's degree in television production. "Nobody wants to know about that," she says. "They are not interested in that bit of me now." The MA, the media career, belong to a different world. Yes, she had a dream job as a production secretary and worked on Coronation Street for a while, but that's the past. These days, she doesn't have time for TV or reading; it's all about the campaign. She makes a circle with her hand. "This – the living room – is my office. There is no other life." She is holding down a part-time job as an assistant editor of a free newspaper, but that is just to put food on the table and ensure she has enough money for the weekly prison visit.Cunliffe is not simply fighting to have Jordan's conviction quashed, but is campaigning against the joint enterprise law itself. She is not alone in believing her son's case to be a benchmark in the campaign: the writer Jimmy McGovern has said he is "wholly innocent" and has been inspired by his case to write a BBC drama about joint enterprise.Jordan has lost one appeal and his mother is now liaising with lawyers to prepare another. Is she hopeful? "I'm realistic. I know we could be fighting this for another six years, or longer perhaps."She goes upstairs and returns with a huge, prison-issue plastic bag full of postcards and letters, all sent to Jordan. He gave them to her on the last visit because there was no room in his cell. She pulls them out at random. Here's one from America, and here's another, from Warrington, that reads, "God bless you, Jordan." They are mainly sent by people who have heard about Jordan through the website Cunliffe set up. "On his birthday he got a card from Australia. He rang to say, 'Can't get any farther away than that, can you, Mum?' These cards, letters won't get him out of prison, but he knows he is not forgotten."Some letters are about football. She says Jordan played until he lost his sight. "Then he couldn't, so he played keepy-uppy." Her face darkens as she recalls how the prosecution used this against him. "They said, 'If you can kick a football, you can kick a man to death.' Jordan didn't kick anyone – and it was never the crown's case that he did."We're driving to Swinfen Hall, a young offender institution in Staffordshire, 70-odd miles from her home. The rain is battering the windscreen. Like Brigitte Butcher, Cunliffe has moved to a different area since the conviction. She was not living in Warrington at the time Newlove was killed, but has moved there now to "fight it where it happened".How is her son coping in jail? She says he's better now he has had an operation to restore the sight in one eye. He recently moved to an adult prison, a step along the road to release. On the motorway, she says she used to hate these visits, didn't know what to talk about. Now it's different. "I think we have a much greater bond than most 21-year-olds have with their mum. We try to talk about normal things. Cousins and friends are growing up, getting married, having kids. I like to keep him involved. Other lives continue while his is on hold."She says Jordan has grown up quickly in prison – he's had to. Their relationship has changed, too. "He used to tell me all the bad stuff that happens in prison, but about two years ago he stopped. Where I protected him, he now protects me."In his own way, she says, Gareth has suffered just as much as Jordan. He had just turned 15 when Newlove was killed. The boys were on remand for six months in different prisons. She was convinced both would be acquitted. "People think Gareth was lucky to be cleared. No! He is the brother of a convicted murderer, and he spent six months in prison. He missed schooling, his GCSEs." She feels guilty, and says she's neglected him. "If this had not happened, Gareth would be at uni now. I should be pushing him, but I am so absorbed with Jordan's needs, I shove Gareth to one side. He rarely comes into the living room to chat about normal rubbish because he knows it's my office."Why does she think Gareth was acquitted and Jordan convicted, when both were present at the scene? She has thought about this a lot. "Gareth had visual memory of where he was and what he was doing, and could contradict witnesses who accused him of taking part in the attack. Jordan could not. It was as simple – and wrong – as that."We arrive at the prison and she finally gets to see Jordan after queueing in the rain outside the visitors' centre. Two hours later she emerges. How did it go? "Good visit. We had a laugh, had a chat about good stuff, just enjoyed each other's company. Only thing he asked is, 'Why is it taking so long?' He always says that."Back in east London, Wendy Cohen is talking about life after her son's conviction was quashed. To most people, his release was the end of it – justice had been done and the family were free to get on with their lives. If only, Cohen says. On visits, they had put on an act, but not any more. "When he came out, he was shuffling on the spot. He had panic attacks, was biting his lips for days."For the first time, they each saw how damaged the other was. "When Sam saw me on a visit, I'd be all up – 'Oh, hello!' And when he came home, I was a wreck." Her other children have suffered with depression since their brother was jailed.Hallam has never talked about his time in prison or about his father's suicide. "None of us are what we were. I used to say, 'It'll all be different when he comes home', and it isn't. It scars you."There has never been an apology from the Metropolitan police or CPS, though Thames Valley police criticised the Met for failure to pursue reasonable lines of enquiry and non-disclosure.Does Cohen think Hallam will be able to live normally? "I don't know." She knows he is bottling up his emotions and that it can't be healthy. "All he ever says is sorry. 'Sorry… Sorry… Sorry.'"• For more on this story, go to guardian.co.uk/video.UK criminal justiceFamilyCrimeSam HallamSimon HattenstoneEric Allisonguardian.co.uk © 2013 Guardian News and Media Limited or its affiliated companies. All rights reserved. | Use of this content is subject to our Terms & Conditions | More Feeds

Выбор редакции
14 марта 2013, 18:47

JAMES TARANTO: Can This Non-Marriage Be Saved? The Obama Administration Tries To Abolish Civil Uni…

JAMES TARANTO: Can This Non-Marriage Be Saved? The Obama Administration Tries To Abolish Civil Unions.

11 марта 2013, 20:42

Presenting The Currence Crises, Devaluations And Regime Changes Since The Collapse Of The Gold Standard

One of the often repeated "truisms" of modern economics, is that the advent of central banking, and the end of the gold standard ushered in a far more stable, safe and secure financial system. Facts notwithstanding (because hard as we try, we can't find a historic episode where the entire developed world had to coordinate to fund, guarantee and backstop a $30+ trillion global bail out - using even more money created out of thin air, i.e., debt - to prevent the nearly $1 quadrillion derivative complex from collapsing, not to mention the failure of every single modern financial institution, during the gold standard), the reality is just slightly different. As the following table from Bloomberg's Joseph Brusuelas shows, modern "stabilty" is certainly in the eye of the beholder, in this case manifesting itself in countless periods of uni- and multi-lateral currency devaluation, beggar thy neighbor, and currency, trade, and various other types of war. Here is Brusuelas' personal take on the past 80 years of "stable" central banking and floating exchange rate history: Tensions between policymakers due to volatility in foreign-exchange markets pale in comparison to those induced by the policies of the Great Depression. That period saw tariff and non-tariff barriers imposed by countries attempting to arrest the economic slide that characterized the global economy in 1929-1939. The coordination between the large global central banks that are engaging in competitive QE has avoided the outbreak of protectionism that was observed during the 1930s. In Thucydides’ History of the Peloponnesian War, he stated: “The strong do what they can and the weak suffer what they must.” As the large central banks attempt to boost their economies via QE, small and developing countries will likely have to  adjust by accepting faster inflation or accommodate to these policy changes by accepting currency appreciation. Currency warfare summary table: Keep an eye on the 2007-??? line item. If history is any indication, what follows next will hardly be pleasant for anyone involved. Source: Bloomberg Brief

Выбор редакции
08 марта 2013, 02:01

Peter Launsky-Tieffenthal en parle à Maha Fayek

United Nations, New York - Les gestionnaires des Nations Unies ont signé, il y a quelques semaines, un accord qui prévoit le renforcement de l'égalité des genres et l'autonomisation des femmes aux Nations Unies. L'engagement du Secrétaire général des Nations Unies et de ses cadres supérieurs à une mise en œuvre pratique de ce plan a donné le ton d'une volonté réelle d'intégration de politiques efficaces et chiffrées visant à renforcer l'égalité des genres au sein de l'Organisation mondiale. Peter Launsky-Tieffenthal en parle à Maha Fayek

Выбор редакции
07 марта 2013, 19:05

Символы

Талисман казанской Универсиады - котенок крылатого снежного барса Юни (Uni). Крылатый снежный барс - национальный символ Республики Татарстан. В стилизованном виде это существо изображено на гербе Татарстана.

05 марта 2013, 00:08

МАЛЬЧИК ИЗ ТАБАКЕРКИ

Оригинал взят у direkt_mashin в ПЯТАЯ ПРЕМИЯ НАТОДоктор физико-математических наук Валерий Грицак-Гренер и его супруга, доктор наук Юлия Грицак, требуют от немецких властей вернуть своего сына Вильяма-Валерия, которого они видели в последний раз 26 февраля 2013 года. Органы опеки забрали ребенка у русских ученых еще в октябре, после того как семья Грицак-Гренер решила вернуться в Россию.А вот сейчас я в бешенстве.Мне, семь лет прожившему в Израиле, год в UK и пять лет в Испании, прекрасно известно, что такое ювеналка на Западе, и в эту машину попадать я не посоветую никому. Но в изложенной истории нагромождено столько совершенно невозможных вещей, что все вместе они просто совершенно невозможны. И я начал копать. Сперва выяснил, что текст скопирован с изданий вполне серьезных, и прочитал его же там. Потом обнаружил исчерпывающий разбор полетов, и еще один, с дополнительными деталями, четко показывающий, что все это фейк (брехня, лажа, - назовите как угодно). Но все равно продолжал копать. Пока не стало ясно как день: в многоязычной, многосотенной груде ссылок, посвященных теме, - краткий список в конце материала, - нет ничего (АБСОЛЮТНО НИЧЕГО), хоть сколько-то подтверждающего версию, тиснутую в "Известиях". А вот мелких нюансов, эту версию топящих, наоборот, - в изобилии.Видит Бог, я не фанат Запада.Но видит он же, я не люблю, когда меня делают лохом.А коль скоро так, то: Qui bono?Кому, черт побери, (а) выгодно (да что там, судя по интенсивности потока, позарез нужно было!) , чтобы эта давняя (с прошлого еще лета) и, мягко говоря, мутная история взорвалась залпом на десятках ресурсов, от очень солидных (раз,  два) до проходных (имя им Легион), да еще и, - на самых отмороженных, - с совершенно дикими подробностями плюс на массе блогов и форумов, в том числе и как бы (но только как бы) немецких, и кто (б) имеет достаточно сил, влияния и связей, чтобы синхронно поднять и обрушить такое информационное цунами?Я задаю этот вопрос и обращаюсь к истокам.К первоисточнику вспышки на просторах Рунета.И вижу, что началось все не в июле, когда началось, и не в сентябре, когда все усугубилось, а 22 февраля этого года, когда на сайте "Открытое письмо" появилось обращение к Павлу Астахову - совершенно безумный текст, полный сияющих перлов типа "мучают голодом, не оказывают никакой квалифицированной медицинской помощи, ежедневно избивают его по половым органам", а завершающийся и того хлеще:  "Peter Arle – международный террорист, сотрудник Jugendamt Stuttgart, Markgröninger str. 80, 70435 Stuttgart, tel 0049-711 21698470. Крадет детей инострацев (выкрал более 100 русских детей). Использует их тела, как оболочки для распространения биологического оружия, также просто продает бездетным родителям, для сексуальных услуг и органы детей. На крови детей заработал миллионы.Knоdel – Richterin am Amtsgericht Stuttgart Hauffstr 5, 70190 Stuttgart, tel 0049-711 9210. Судья, которая «узаконивает» кражи детей совершённые Arle, имеет животную ненависть ко всему русскому. На жизнях русских детей зарабатывает большие деньги и фактически убивает детей с удовольствием" .Запад не сахар. Случается всякое.В том числе, и вопиющее.И даже с отчетливо политическим антироссийским оттенком.Но вот "тела как оболочки" - это уже диагноз.Я нисколько не сомневаюсь, что российский омбудсчайлд (как и любой чиновник или депутат любого уровня, - сам имею такого рода опыт) получает десятки, если не сотни таких писем. Как ничуть не сомневаюсь и в том, что на такие эпистолы внимания никто не обращает, даже если они приходят в приват, а не непонятно куда,, потому что носителей шапочки из фольги слушать жизни не хватит. И если этот вопиюще нелепый, со всеми признаками шизофрении (даром что ли нигде ни одной фотографии?) текст все-таки был извлечен из ничего на свет и запущен в работу, то, опять-таки, почему?А не потому ли, что незадолго до того начался накат на г-на Астахова, лажанувшегося так круто, что под ударом оказался аж сам Кремль, обычно невозмутимый, но в этом случае вынужденный оправдываться?А не потому ли, что недели две назад по рукопожатным ресурсам проскочила ехидная инфа, что, дескать, вот-вот по "Паше" будет нанесен такой удар, после которого он не встанет, и "Паше" кровь из носу необходимо стало если и не упредить удар, то, по крайней мере, срочно создать плацдарм для контратаки, причем такой исступленно броский и жуткий, что любой компромат накроет и перекроет, дав "Паше" показать, как он хорош в труде и обороне?А не, блин, потому ли, что в ночь на 28 февраля, - аккурат накануне информвзрыва в "Известиях" и разлета осколков такой удар, в самом деле, был нанесен, причем, с каким омерзением к реализатору вброса ни относись, - а он реально мерзок с горкой, - сам вброс слишком похож на правду, а по сути (многое я перепроверил) правда и есть?Знаете, я слишком давно работаю с информацией, чтобы в таких случаях не ошибаться, я кормлю семью тем, что ошибаюсь реже большинства коллег, я твердо знаю, что лучший способ докопаться до истины - не умножать сущностей. И если на классический вопрос Qui bono? единственный непротиворечивый ответ: bono такому-то, значит, именно этому самому такому-то с высочайшей степенью вероятности bono и есть. А сущностей, повторяю, умножать не надо.Значит ли это, что я не могу ошибаться?Вообще, конечно, могу. В конце концов, "детский вопрос" вынесен на самое острие, и возможны всякие провокации, хоть на два-три, а хоть и на больше уровней, тем паче, что "лобби педофилов", по словам г-на Астахова, преследующее его, само по себе не выдумка и коренится в очень высоких сферах. При таком раскладе, и на сайт можно письмецо забросить, и по нищим ресурсам заказы раскидать. Так что я, возможно, и усомнился бы, и притормозил с категоричностью, - но ведь истерика (со ссылкой на этот самый сайт) длится уже не один день, а опровержений из офиса омбудсчайда (мол, отношения к бреду не имею) нет как нет. А главное, в деле, заранее обреченном стать кричаще-громким, основанном на информации с помойки, задействованы издания типа "Известий" и "Взгляда", руководству которых очень даже есть что терять и которое по этой причине не пойдет на скандал, не имея надежных, окончательных гарантий, что так и надо.И еще.Не так давно, критикнув г-на Астахова, глупо подставившего президента и Россию, я нарвался на самум.Некоторые требовали не трогать омбудсмена, ибо он рыцарь на белом коне, розовый и пушистый.Но таких, по счастью, было немного. В основном упирали на то, что, дескать, человек-то, может, и говным говно, но все-таки свое, лояльное, нужное и верное, выполняющее черную работу, а если и воняет, то в нужную сторону. То есть, приносит пользу, а значит, вроде уже и не совсем говно, а называть его говном, - тем самым как бы становясь на сторону наезжающих, - все равно, что подыгрывать еще большему говну.Напор защитников был до того крут, что даже меня пошатнуло.Появился, не скрою, элемент сомнения.А теперь, извините, улетучился.Почти. И улетучится совсем, если г-н Астахов грудью встанет на спасение бедного фейка, доказывая Urbi et Orbi свою абсолютную и безоговорочную незаменимость. Если же не встанет, не улетучится. А возможно даже, окрепнет.Но.Я, в самом деле, не люблю, когда меня лохуют, однако здесь уже дело не во мне.Просто говно, как бы полезно оно по ситуации  ни было, может быть лояльным опять-таки только по ситуации, а куда ветер дует понять не просто. Но я отчетливо вижу, что кто-то очень неглупый, играя на "детском вопросе", из глухой тени, исподволь превращает Кремль в посмешище, а ответственные за проект ему почти явно, - плевать, по тупости или с умыслом, - подыгрывают. И тут уж, многоуважаемый Владимир Владимирович, простите за прямоту, кто не успел, тот опоздал.http://rapsinews.com/news/20130301/266565501.htmlhttp://www.docin.com/p-86616578.htmlhttp://revolver.ru/misc/41301/19http://www.cs.uga.edu/~hra/http://www.cs.uga.edu/people/faculty/arabnia.htmhttp://anti-plagiarism-org.blogspot.com.es/2009/01/black-list-of-conferences-and-journals.htmlhttp://embassy-finder.com/ukraine_in_munich_germanyhttp://rapsinews.com/news/20130301/266565501.htmlhttp://www.dissland.com/catalog/algebraicheskie_metodi_issledovaniya_nekotorih_zadach_diskretnoy_optimizatsii.htmlhttp://130.203.133.150/showciting;jsessionid=8ACBB6A088DE360C7217BF1880A6C3E3?cid=11657505http://130.203.133.150/viewdoc/summary;jsessionid=24AA03F5B23B9D07E9B3C9AB830949F7?doi=10.1.1.184.2781http://socionics.socionic.info/http://elibrary.ru/title_about.asp?id=26622http://www.informatik.uni-trier.de/~ley/pers/hd/g/Gritsak=Groener:Valery_V=.htmlhttp://forum.cofe.ru/showthread.php?t=138528&page=15http://www.zentralblatt-math.org/ioport/en/?q=au:Gritsak%2C%20V*http://arnetminer.org/person/valery-v-gritsak-groener-911708.html

28 февраля 2013, 07:34

Can Complexity Thinking Fix Capitalism?

Can complexity thinking advance management and help fix capitalism? The answer is that it can, although not in the way that most complexity scientists expect. We will learn more on November 14-15, 2013, when the fifth annual Global Peter Drucker Forum, to be held in Vienna, Austria, the birthplace of the late Peter F. Drucker, takes up the theme of "Managing Complexity." Harvard Business Review announced this week that it has joined the 2013 Forum as a media partner. Adi Ignatius, the editor-in-chief of HBR, said, "Perhaps no contributor to Harvard Business Review has had a greater impact on the practice of management than Peter Drucker."

21 февраля 2013, 19:31

The Cobra Effect: ‘Zine Edition

Our Freakonomics Radio podcast “The Cobra Effect” looked into the unintended consequences of bounties. In one story, producer Katherine Wells described what happened at Fort Benning in Georgia, which was overrun with feral pigs. A listener in London, Alex Foster, turned that segment into a nice 'zine comic. "Got to say," Alex writes, "I didn't expect this from a uni project."

18 февраля 2013, 17:29

Philip Jennings: Démodé Deutsche Post-DHL Workers: Fashion Victims

Deutsche Post-DHL, an official sponsor of London Fashion Week and similar events around the world, has questions to answer about how it treats its global workforce. Recently, the Turkish Courts ordered DHL's operation in Turkey to reinstate two workers which it found had been effectively dismissed for being involved in trade union activities. DHL is part of the fashion industry supply chain and the industry must face up to its responsibilities and demand that DHL behaves ethically across its entire global network. Top designers, who pride themselves on acting ethical, would be shocked to know how DHL is failing workers in several countries. These are not isolated incidents. DHL workers around the world, particularly outside of Europe with its stronger social protections, face a systematic violation of their basic rights. A recent report on DHL's global labour practices entitled Corporate Irresponsibility: Deutsche Post DHL's Global Labour Practices Exposed exposes DHL's extensive violations of workers' rights in dozens of countries around the world. Another report, by respected U.S. Professor John Logan (San Francisco State and UC Berkeley) lays bare the "aggressive and illegal" campaign waged by DHL in Turkey to prevent its employees from forming a union and engaging in collective bargaining. DHL workers have been subjected to lie detector tests, illegal in most of Europe, in countries such as Colombia, South Africa and Panama, countries where histories of brutal interrogations make these tests not simply invasive but a far stronger tool of intimidation. Edwin Valasquez Ayala, a former DHL employee, was forced to take a lie detector test in Colombia and intimidated into signing a document saying he had never done so. The interrogation over the alleged theft of 22 USB sticks included personal questions about his family and their history, and at one point the interrogator became "extremely aggressive... He disconnected the lie detector, all the while insulting me [Edwin] and telling me that I was a key element in the case." Edwin describes the interrogation as "trampling over all my principles." The test, he says "shattered my former life. My self-esteem was completely destroyed." Edwin alleges the company fired him on March 15, 2011, with no chance of appeal, let alone the release of the results of the test. DHL´s proud involvement in the fashion industry makes the use of lie detectors against DHL workers, like Edwin, an issue which the industry should not tolerate. In Turkey, 23 workers were sacked while attempting to form a union. These Turkish workers wanted a union, in large part, because DHL put them under extreme pressure to work excessive overtime. Vural Erkol, for instance, was sacked in the midst of this organizing campaign for reportedly refusing overtime, despite working 480 hours of overtime in 4 months, far above the Turkish legal limit of 270 hours a year. Every court case verdict so far has found these sackings illegal under Turkish law. The last two cases made specific reference to the dismissals being linked to trade union activity. The creation of an ethical, sustainable fashion industry requires the respect of the basic rights of all workers in its supply chain, from protecting the simple privacy rights of a delivery worker shipping a garment to London Fashion Week, to ensuring the right to freedom of association for the warehouse worker, storing and handling shoes on the way to a boutique in Manhattan. The fashion industry must demand that DHL substantially changes its behaviour or find another carrier. UNI Global Union and the International Transport Workers' Federation (ITF) call on DHL to begin a constructive global dialogue aimed at respecting DHL workers' rights across the world. Philip Jennings, UNI Global Union General Secretary and Steve Cotton, Acting General Secretary International Transport Workers' Federation

Выбор редакции
13 февраля 2013, 07:30

Marco Rubio Speech Follows Obama's SOTU Address

Sen. Marco Rubio (R-Fla.) gives the GOP reaction to President Barack Obama's State of the Union address Tuesday night. Rubio's remarks were delivered in both English and Spanish after Obama speaks in front of a joint session of Congress. Read the full text of Rubio's remarks as prepared for delivery in Spanish below: Buenas noches. Soy Marco Rubio. Me siento bendecido por servir al estado de la Florida en el Senado de los Estados Unidos. Quiero felicitar al presidente Obama por el comienzo de su segundo mandato. Esta noche, tengo el honor de responder a su discurso sobre el Estado de la Unión en nombre de mis colegas republicanos. Me siento especialmente honrado de estar dirigiéndome a nuestros valientes hombres y mujeres que prestan servicio en las fuerzas armadas y en cargos diplomáticos alrededor del mundo. Aunque están lejos de nosotros, siempre están en nuestras oraciones. El discurso sobre el Estado de la Unión siempre es un buen recordatorio de que lo que tenemos aquí en los Estados Unidos es especial. Durante casi toda la historia, la gente ha estado atrapada en sociedades estancadas, donde la misma gente siempre se mantiene en la cima y todos los demás nunca tuvieron una oportunidad. Pero los Estados Unidos es excepcional porque, aquí, creemos que cada ser humano, en cada una de sus etapas, es preciosa, y que todo ser humano tiene un derecho dado por Dios a llegar tan lejos como sus talentos y trabajo les permitan. Como para la mayoría de los estadounidenses, este ideal es personal. Mis padres emigraron aquí en búsqueda de oportunidad para mejorar sus vidas y ofrecer a sus hijos la posibilidad de una vida mejor. Ellos lograron ser parte de la clase media, mi padre trabajando de barman y mi madre de cajera y camarera. Yo no heredé dinero de ellos. Pero heredé algo aún mejor – la oportunidad de hacer realidad mis sueños. Esta no es sólo mi historia. Aunque los detalles son diferentes para cada persona, cada estadounidense también tiene una historia especial. Esta es la increíble historia de los Estados Unidos. Esta oportunidad – de ser parte de la clase media o más, sin importar donde se inició uno en la vida – no provino del gobierno. Se trata de una economía vibrante en la que la gente arriesga su propio dinero para abrir negocios. Y cuando tienen éxito, emplean a más personas, que a su vez invierten o gastan su dinero, ayudando a otros a iniciar un negocio y crear puestos de trabajo. Presidentes en ambos partidos – desde John F. Kennedy a Ronald Reagan – han reconocido que nuestra economía de libre empresa ha sido la fuente de prosperidad para nuestra clase media. Pero el presidente Obama cree que es la causa de nuestros problemas. Él cree que nuestra crisis económica sucedió porque nuestro gobierno no cobró más impuestos, no gastó más ni controló más. Y, como lo escucharon esta noche, su solución es darle al gobierno más dinero para gastar. Esta idea – que el gobierno siendo demasiado pequeño es lo que creó nuestros problemas – no es cierta. De hecho, la causa de nuestros recientes problemas fue una crisis de vivienda creada por las políticas irresponsables del gobierno. Y, la idea de que un gobierno que gaste más es la mejor forma de ayudar a la clase media es una idea que ha fracasado siempre que se ha implementado. Más gobierno no les ayudará a salir adelante. Les mantendrá estancados. Más gobierno no les brindará más oportunidades. Les limitará. Y más gobierno no inspirará nuevas ideas, nuevos negocios y nuevos puestos de trabajo en el sector privado. Crea más incertidumbre. Porque el gobierno crea reglas y leyes complicadas que un pequeño negocio no tiene el dinero para cumplir con ellas. Porque le sube los impuestos a los dueños de empresas quienes después pasan el costo a sus empleados a través de menos horas de trabajo, salarios más bajos y la eliminación de puestos de trabajos. Y es así como muchos programas del gobierno que se pronuncian a favor de la clase media, al fin los lastiman a ustedes. Por ejemplo, el programa Obamacare estaba supuesto ayudar a las personas de clase media a obtener seguro médico. Pero ahora, algunos están perdiendo sus planes de salud. Y ya que Obamacare creó costosos requisitos para empresas con más de 50 empleado, ahora muchas de estas empresas no están empleando. Y algunas incluso están despidiendo o reemplazando empleados de tiempo completo por trabajadores de tiempo parcial. ¿Ahora, esto significa que no hay un papel legítimo para el gobierno? Claro que no. Sí tiene un papel crucial en protegernos, hacer cumplir las reglas y ofrecernos cierta seguridad frente los riesgos de la vida moderna. Pero ese papel lo limita nuestra Constitución. Y nuestro gobierno no puede cumplir su papel esencial cuándo ignora esos límites. Hay razones válidas para estar preocupados por el plan del presidente para crecer el gobierno. Pero cuando algunos de nosotros cuestionamos la agenda del presidente, él y sus aliados usualmente responden atacando nuestros motivos. Si se le señala que no importa cuántas leyes aprobamos, nuestro gobierno no puede cambiar el clima, se nos acusa de querer agua sucia y aire sucio. Si sugerimos que debemos fortalecer nuestros programas de protección social, dándole más flexibilidad a los estados para manejarlos, él nos acusa de querer dejar a las personas mayores y discapacitadas para que se cuiden por sí mismas. Y esta noche, él hasta nos criticó por negarnos a subir los impuestos para evitar recortes a nuestras fuerzas armadas – recortes que él mismo propuso, en primer lugar. Pero su ataque favorito es que aquellos que no apoyan su agenda – sólo están preocupados por los ricos. Señor Presidente, yo todavía vivo en el mismo vecindario de la clase trabajadora donde crecí. Mis vecinos no son millonarios. Son jubilados que dependen del Seguro Social y Medicare. Son trabajadores que tienen que levantarse temprano en la mañana e ir a trabajar para pagar las cuentas. Son inmigrantes que vinieron aquí porque estaban permanentemente sumidos en la pobreza en los países donde el gobierno dominaba la economía. Los impuestos y gastos de déficit que usted desea le quitarán a los trabajadores de la clase media su aumento salarial, beneficios y tal vez incluso sus puestos de trabajo. Y lastimará a las personas mayores porque no hace nada para salvar a Medicare y el Seguro Social. Entonces señor Presidente, no me opongo a sus planes porque quiero proteger a los ricos. Me opongo a sus planes, porque quiero proteger a mis vecinos. Y personas como ellos que no necesitan un plan que haga crecer el gobierno. Ellos quieren un plan para hacer crecer nuestra clase media. El crecimiento económico es la única forma legítima para ayudar a crecer la clase media. Desafortunadamente, nuestra economía se contrajo durante el último trimestre de 2012. Pero si pudiéramos hacer que la economía creciera un 4 por ciento por año, se crearían millones de empleos para la clase media. Y esto podría reducir nuestro déficit en casi 4 trillones de dólares durante la próxima década. No hay ningún aumento de impuestos que pueda logar eso. Aumentando los impuestos no va a crear puestos de trabajo en el sector privado. Y no existe un aumento de impuestos realista que pueda reducir nuestra deuda por casi 4 trillones de dólares. Esa es la razón por la cual yo espero que el presidente abandone su obsesión de aumentar los impuestos y trabaje con nosotros para lograr este tipo de crecimiento real en nuestra economía. Una de las maneras más rápidas en que podemos promover el crecimiento es a través de nuestra industria energética. La energía solar y del viento debe ser parte de nuestra estrategia. Pero Dios ha bendecido a nuestro país con recursos naturales, incluso carbón, petróleo y gas natural. En vez de seguir desperdiciando el dinero del contribuyente en apoyar compañías en bancarrota como Solyndra, debemos abrir las tierras federales para explorar más energía en forma segura y responsable. También debemos reformar las regulaciones para que sean razonables y basadas en el sentido común. Eso ayudará a crear mejores empleos para la clase media en la industria energética, y traerá de nuevo la producción industrial de lugares como la China. Simplificando nuestro código tributario también ayudará a crear oportunidades para la clase media al hacerlo más sencillo para las pequeñas empresas que buscan contratar a nuevos empleados. Y estamos de acuerdo con el presidente de que debemos reducir nuestros impuestos corporativos – que actualmente son entre los más altos del mundo – para que nuestras compañías tengan más incentivo para traer su dinero y puestos de trabajo aquí, desde el extranjero. También podemos ayudar a que nuestra economía crezca si tenemos un sistema de inmigración legal que nos permita atraer a los mejores y más brillantes profesionales del mundo y asimilarlos a nuestra forma de vida. Necesitamos una solución responsable y permanente para el problema de los que están aquí ilegalmente. Pero primero tenemos que cumplir con las promesas del pasado, asegurar nuestras fronteras y aplicar nuestras leyes. Más allá de estos temas, un sistema educativo que le dé a la gente las habilidades y conocimientos que necesitan para los trabajos de la clase media de hoy y mañana – es otra forma en que podemos fomentar el crecimiento de la clase media. Necesitamos que los distritos escolares locales ofrezcan cursos de enseñanza más avanzados y con más formación profesional y entrenamiento para carreras. Tenemos que ofrecer a todos los padres, especialmente a los padres de niños con necesidades especiales, la oportunidad de enviar a sus hijos a la escuela pública o privada de su elección. Y porque la matrícula universitaria ha crecido tan rápidamente, tenemos que cambiar la forma en que pagamos la educación superior. Yo apoyo la ayuda financiera federal. Yo nunca habría podido ir a la universidad sin esta ayuda. Pero la cuestión de estos programas no es sólo gastar más dinero; es de mejorarlos y modernizarlos. La fuerza laboral de este siglo no debe aceptar las soluciones educativas del siglo pasado. Los estudiantes de hoy no son sólo de 18 años de edad. Son los veteranos que regresan de la guerra. Son los padres solteros que deciden obtener la educación que necesitan para ganar un salario decente. Y son los trabajadores que han perdido los empleos que nunca volverán y necesitan ser re-entrenados. Necesitamos ayuda estudiantil que no discrimine contra los programas de los que dependen los estudiantes de mayor edad – como cursos en el Internet, o programas que le dan crédito por experiencia laboral. Cuando yo terminé mis estudios, debía más de cien mil dólares, una deuda que terminé de pagar hace apenas unos meses. Hoy, muchas personas enfrentan enormes deudas de préstamos estudiantiles. Tenemos que encontrar una forma de dar a los estudiantes más información sobre los costos y beneficios de los préstamos estudiantiles que están pidiendo. Todas estas medidas ayudarán a que crezca nuestra economía. Pero no podremos sostener una clase media vibrante si no resolvemos nuestra deuda nacional. Cada dólar que el gobierno toma prestado es dinero que no está creando puestos de trabajo al ser invertido en una empresa. Y la incertidumbre causada por la deuda es una razón por la cual muchas empresas no están contratando a nuevos empleados Al presidente le gusta echar la culpa sobre la deuda al presidente Bush. Pero el presidente Obama creó más deuda en cuatro años que el presidente Bush creo en ocho. La verdadera causa de nuestra deuda es que el gobierno ha estado gastando un trillón de dólares más de lo que recibe en impuestos cada año. Por eso necesitamos una enmienda a la Constitución que requiere un presupuesto balanceado. Y la gran parte de nuestra deuda se debe a programas con gastos controlados por la ley. Uno de estos, Medicare, es especialmente importante para mí. Proporcionó a mi padre el cuidado que necesitaba para combatir el cáncer y en última instancia morir con dignidad. Y paga por el cuidado que mi madre recibe hoy día. Yo nunca apoyaría ningún cambio a Medicare que haga daño a las personas mayores como mi madre que se encuentran actualmente en el programa. Porque cualquiera que esté a favor de dejar Medicare exactamente de la forma en la que está ahora, está a favor de su bancarrota. Los republicanos ya hemos ofrecido un plan detallado y creíble que ayuda a salvar a Medicare sin afectar a los jubilados de hoy. ¿En vez de jugar juegos políticos con Medicare, cuándo el presidente va a ofrecer su plan para salvarlo? Esta noche hubiera sido un buen momento para ofrecerlo. Obviamente, enfrentamos otros retos. Todos sentimos el dolor tras la reciente tragedia en Connecticut. Necesitamos lidiar con la violencia en nuestro país. Pero disminuyendo los derechos constitucionales de los estadounidenses bajo la Segunda Enmienda no es la manera de hacerlo. Y en el extranjero, los Estados Unidos sigue siendo indispensable para realizar las metas de libertad, paz, prosperidad y la protección de los derechos humanos. El mundo es más estable porque los Estados Unidos es el país más poderoso. Pero no podemos seguir siendo la nación más poderosa, si no tenemos una economía sostenible. En los dos años que yo he estado aquí en Washington, nada me ha frustrado más que el flujo constante de falsas opciones entre las que siempre se nos pide escoger – como las que el presidente presentó esta noche. No tenemos que escoger entre un gobierno grande o las grandes empresas. En lugar de eso, necesitamos un gobierno limitado pero eficaz que permita a las pequeñas y nuevas empresas crear empleos para la clase media. No tenemos que subir los impuestos para evitar los devastadores recortes a nuestras fuerzas armadas. Los republicanos hemos aprobado un plan que reemplaza estos recortes con reformas responsables. Para balancear nuestro presupuesto, no tenemos que escoger entre impuestos más altos o negarles a las personas la ayuda que necesitan del gobierno. En lugar de eso, vamos a permitir que la economía crezca para que estemos creando nuevos contribuyentes, en vez de nuevos impuestos, y para que nuestro gobierno pueda seguir ayudando a los que realmente necesitan ayuda. Y la verdad es que todos nuestros problemas no pueden ser solucionados por el gobierno. Muchos son causados por la descomposición moral en nuestra sociedad. Y las respuestas a estos desafíos se encuentran principalmente en nuestras familias y nuestras creencias, no en nuestros políticos. A pesar de nuestras diferencias, yo se que ambos los republicanos y los demócratas aman a nuestro país. Le pido a Dios que podamos unirnos a resolver nuestros problemas, porque las opciones ante nosotros tendrán un impacto profundo. Si podemos hacer que nuestra economía crezca nuevamente, nuestros hijos serán como nunca los estadounidenses más prósperos. Y si no lo hacemos, entonces nosotros siempre seremos conocidos como la generación responsable por dejar caer en decadencia a los Estados Unidos. En un momento cuando nuestra política ha venido convirtiéndose en un teatro, donde un enfrentamiento tras otro termina en operaciones a corto plazo que hacen poco o nada sobre nuestros verdaderos problemas, algunos creen que no somos capaces de tomar la decisión correcta. Pero nuestra fortaleza nunca ha venido de la Casa Blanca o del Capitolio. Ha venido siempre de nuestro pueblo. Un pueblo unido por la idea americana de que, si uno tiene un sueño y está dispuesto a trabajar duro, nada debería ser imposible. Aquí, celebramos a quienes tienen éxito. Pero siempre han sido los sueños de los que todavía están tratando de alcanzar el éxito que nos separa del resto del mundo. Esta noche, en toda esta tierra, hay padres que abrazarán a su hijo recién nacido por primera vez. Para muchos de ellos, la vida no ha seguido el camino que habían planeado. Quizás han nacido en circunstancias que han encontrado difícil de escapar. Quizás han cometido algunos errores en el camino. Quizás son madres jóvenes que están solas esta noche, porque el padre de su hijo se fue hace mucho tiempo. Pero esta noche, cuando miren a los ojos de su hijo por primera vez, su vida cambiará para siempre. Porque en esos ojos verán lo que mis padres vieron en mí y lo que sus padres vieron en usted. Verán todas las esperanzas y sueños que alguna vez tuvieron para sí mismos. Este sueño – de una vida mejor para sus hijos – es la esperanza de padres en todas partes. Muchos políticos aquí y en todo el mundo han hecho la promesa de que un gobierno más grande puede hacer realidad esos sueños. Pero nosotros siempre hemos sabido mejor que esto. Desde nuestra fundación, hemos confiado en la libertad económica. Y por eso, éste es uno de los pocos lugares en el mundo donde estos sueños aún tienen la oportunidad de realizarse. Cada vez que nuestra nación ha enfrentado grandes retos, nuestra esperanza de una vida mejor nos ha unido. Ahora, dejemos que esa esperanza nos una nuevamente – para resolver los desafíos de nuestro tiempo y escribir el próximo capítulo de la increíble historia de la nación más grande que el hombre jamás ha conocido. Gracias por escuchar. Que Dios los bendiga a todos ustedes. Que Dios bendiga a nuestro Presidente. Y que Dios continúe bendiciendo a los Estados Unidos de América. Below, live updates from State of the Union:

Выбор редакции
12 февраля 2013, 19:30

Unilife ([[UNIS]] -5.5%) takes a hit this morning despite beating FQ2 bottom line estimates late yesterday. The developer and commercial supplier of injectable drug delivery systems reported an adjusted Q2 loss of $0.12 per share, versus the $0.13 loss per share that analysts were expecting, but revenues came in at just $700K compared with $900K for the same period last year, and below the Street view of $2.01M.

Unilife (UNIS -5.5%) takes a hit this morning despite beating FQ2 bottom line estimates late yesterday. The developer and commercial supplier of injectable drug delivery systems reported an adjusted Q2 loss of $0.12 per share, versus the $0.13 loss per share that analysts were expecting, but revenues came in at just $700K compared with $900K for the same period last year, and below the Street view of $2.01M. Post your comment!

Выбор редакции
12 февраля 2013, 01:20

Unilife (UNIS): FQ2 EPS of -$0.12 beats by $0.01. Revenue of $699K. Shares -7.9% AH. (PR)

Unilife (UNIS): FQ2 EPS of -$0.12 beats by $0.01. Revenue of $699K. Shares -7.9% AH. (PR) Post your comment!

27 января 2013, 23:55

Guest Post: Monetary Malpractice - Dysfunctional Markets

Via Gordon T. Long of GordonTLong.com, One of the first axioms of analysis is: "Garbage In, Garbage Out"! If your data is flawed, everything you do with it and the decisions stemming from it are flawed and dangerous to your financial health. Experienced analysts will often be found relentlessly checking, rechecking and validating their inputs and assumptions. If only our economists and the sell side analyst community were this diligent. But then it isn't their money. Only a year-end bonus for the 'extras' in their life is at risk. If economic practitioners were held to higher standards of accountability, they simply wouldn't accept the raft of fundamental data points that are the pillars of most economic assessment. I am talking specifically about government inflation numbers such as CPI and PPI, the Deflator and GDP growth statistics and true debt levels using sound GAAP accounting principles and reflecting off balance sheet special purpose entities, contingent liabilities and financial guarantees. The list of government reporting irregularities is pervasive and for unknown reasons, simply accepted. It is incredulous that we can just accept, without challenging, the statistical hyperbole of Hedonics, Substitution, Imputation and Proportional Distribution, justifying inflation numbers that don't even pass the common sense of an unemployed high school dropout. I don't mean to disparage the high school dropout, but I do point the figure at the 'six figure' analysts who accept this tripe as gospel, and from whose analysis fiduciary investment decisions are made with the unsuspecting public's hard earned savings. This problem has been going on long enough that flawed data has resulted in broad based asset mispricing and malinvestment.  Data points have become so distorted, as to be delusional, and have left the markets dysfunctional. How else do you explain $2 trillion excess investor savings over loans now sitting at US banks? How else do you explain Capital Investment (CAPEX) falling faster than Felix Baumgartner from 128,100 feet? This is the third in a trilogy on Monetary Malpractice, so I will refer a lot of the discussion on the chart to the right, to those wishing to read MONETARY MALPRACTICE: Distortions, Deceptions and Delusions or MONETARY MALPRACTICE: Moral Malady. I would like instead to focus on the specific mechanism by which Monetary Malpractice has now delivered Dysfunctional Financial Markets. Before I drop you into the 'gearing' of it, let me show you the bottom line results. LINKAGES Dysfunctional Markets exist when normal and expected 'causes and effects' no longer occur. FALSE PREMISESIf you distort the inflation data through misinformation and manipulation, then all data stemming from it is obviously flawed. If in turn that data is further distorted, then the delusion becomes greater until it disconnects from reality and the system becomes dysfunctional. Let us therefore start with Inflation, remembering: "Inflation is first and foremost a monetary phenomenon."Milton Friedman The manipulation and distortions presently occurring in the government's CPI & PPI inflation numbers are so significant that it requires an exhaustive discussion. An extensive number of presentations with leading analysts on this specific subject can be found in the Macro Analytics Library. I have compiled the following chart to best summarize the areas that must be covered in such a review. John Williams at ShadowStats.com has done meticulous and invaluabe service in tracking the insidious changes the government statistians have implemented to effectively achieve what I refer to as Uni-Directional Inflation. Nothing they do ever makes it larger, only smaller. This is so prevalent, that as the chart from ShadowStats illustrates below, the distortions now understate inflation by over 10%, if we assumed that in 1980 we knew what we were doing or even if we didn't, how we have inflation explode on a comparative basis. This has profound implications and cascades through to GDP Growth reporting and the Mispricing and Malinvestment decisons that subsequently result.    IMPUTATIONSOf all the inflation distorted items in the category of "Uni-Directional Inflation" in my chart above, the one that few undertand, and even fewer publically discuss, is the concept of "Imputations".  Imputations are fundamentals about dollars that do not exist  and dollars that do not even change hands. They are in some instances a replacement measurement of “notional value”. The following table summarizes the degree to which they are applied and the magnitude of their current distortions. (The details are discussed in: Economic Growth - Fake Numbers, Real Growth, Consequences of Lies.)   FALSE GROWTH This level of distortion will quickly become fatal as corproations make investments based on expected economic growth. As we will show, corporations have been forced to stop believing government numbers. Their revenue and sales have shown reality is simply quite different from government distortions. The reason John Williams started tracking government statistical adjustments was because his corporate accounts couldn't rationalize the difference.  This was years ago and has now grown into an independent business operating a government "ShadowStats" service. Using simply ShadowStats inflation adjusted numbers, GDP growth is overstated by minimally 10.5%.   HOW THE DISTORTIONS GROWIf you have false Inflation and false Growth, you will foster Mispricing and Malinvestment. MISPRICINGWhen an investment does not YIELD more than  REAL  inflation, plus a premium to REFLECT the additional risk of the underlying asset class, you have not only a poor invesment but an asset that is mispriced. An asset's value is based on this being achieved. Monetary Malpractice of unsound money will consistently lead to mispricing. When a nation's growth and inflation are overstated, the nation's currency is overstated. By our measures and many Forex professionals, the US dollar is presently overvalued by 40 - 60%. This has resulted in the following: MISPRICING IMPACT: DUE TO US DOLLAR & RISK DISTORTIONS US DOLLAR Example: It is Cheaper to 'offshore' than build where the dominate market exists -- RESULT: 44,000 Manufacturers leave America over a 13 year period. US DOLLAR Example: It is often Cheaper to throw away a Durable Good rather than Repair it. -- RESULT: Complete destruction of Service Repair Industry (From Appliance repair to Cobblers) US DOLLAR Example: Personal Goods (from shoes, clothing to household consumables) Rise slower than Disposable income -- RESULTS: A 70% Consumption dependent economy emerges. RISK Example: Cheap Corporate Financing makes a Leveraged Corporate Retail Chain more competitive than Small Independent Family enterprises. -- RESULTS: "MA & PA" Replaced by corporate chains & an over-stored America RISK Example: Leveraged, Bank Financed Buyouts are More Lucrative than Cash Stable Enterprises Innovatively Investing with Long Term Plans. -- RESULTS: Gutted Industrial Base and Volatile Financial Markets. SUSTAINED AND ACCELERATING MISPRICING Mispricing will continue to occur and worsen due to: Massive amounts of debt are being allowed by regulators to be kept "off balance sheet". Whether structures such as SPVs, SPEs,  SIVs etc., debt and material obligations are given no visisbility to investors in making valuation and pricing assessment. Murky Contingent Liabilities agreements and Guarantees are presently unreported  as 'off balance sheet' items. Extremely large derivative SWAP agreements are being unreported with potential collateral demands. Large "material financial impact information" such as Shadow Housing Inventories and delayed foreclosures are being given forebearance by government regulators. This is stopping the price discovery process from working effectively and keeping prices artificially inflated. This is being done to protect collateral values and defer loan loss write downs. Government is pressuring credit rating agencies to maintain elevated credit ratings on sovereign debt. This is distorting the risk free and risk adjusted valuations. Sustained cheap money is allowing excess leverage to be used against investments that would be considered malinvestents if money was priced anywhere close to historical norms. This list is only the tip of the iceberg since  sustained Monetary Malpractice with its consequential Moral Hazard and Unintended (or INTENDED) Consequences has resulted in broad based mispricing and dysfunctional markets. MALINVESTMENTA malinvestment in its most basic terms is an investment that does not produce more than it costs in real terms. A Malinvestment in Austrian Economics terms is one that is OVERPRICED due to excessive leverage available whether it be credit availability or abundance of paper fiat money created out of thin air. FLAWED & OBSOLETE ACCOUNTINGIn the current Dysfunctional Markets, to an ever increasing degree, it can not be determined if an investment is a malinvestment, because the amount of debt, financial contingencies and financial guarantees are hidden from investors by offshore entities. Without visibility to this information no determination can be made.  The entire global bond debt market, which approximates $200 Trillion, hinges on this blatant obvuscation. NON-PERFORMING LOANSIf markets weren't dysfunctional and malinvestment running rampant, then the 'canary' of non-performing loans wouldn't be as prevalent as it is. Whether we are talking consumer debt from mortgages and HELOCS (Home Loans) to student loans, levels of delinquencies, forced refinancing, defaults and personal bankruptcies are at all time highs. If it wasn't for historic and unprecedently low interest rates, which allow commercial and government debt 'roll-overs', we would be witnessing bankruptcies on a massive scale. Malinvestments are presently being 'papered' over by the printing presses of the central bankers. CAPITAL EXPENDITURESWhen money is as cheap as it presently is, then it would be expected that opportunities should be endless to put money to work based on substantially lower hurdle rates. This is not the case because malinvestment is so pervasive, that CFO's cannot see satisfactory risk adjusted investments. Corporate takeovers are down substantially, IPO's are nearly non-existant and corporate capital expenditure is in near free fall as shown to the right.  This is astounding when considering that REAL interest rates are negative. SAVINGS VERSUS LOAN LEVELSIf investments weren't seen to be mostly malinvestments, than why is there $2 Trillion more in bank savings than in bank loans? These are bank deposits paying close to zero. The short answer is there is nothing worth investing in when considered on a real, risk adjusted valuation basis. LEVERAGE REQUIRED AND DEBT HELDMany investments today are currently only profitable through the application of excessive, cheap leverage. Based on the 'greater fool' philosophy of investing, leveraged investors hope to 'flip' and be out before cheap leverage shifts against them. CONCLUSION DYSFUNCTIONAL MARKETS Markets have become so dysfunctional with so much cheap money chasing so few real opportunities, that collateral values within the rehypothecation process are now in jeopardy and exposed to collateral contagion. Real economic growth cannot return without real top line corporate growth. It simply isn't there as is seen by falling CAPEX and money going into savings.The financialization focus continues to be strictly on bottom line growth and specifically non operating income. This is the area where the financial engineers are employed today. This works for profits in the short term but strangles growth and profits in the long term.   "In America the smartest engineers are primarily engaged in creating financial ways to take money out of the pockets of other"Chinese Government Economic Official What would things look like if the Fed wasn't engaged in Monetary Malpractice? Interest rates would be higher, People would save more and spend less, Government would spend within its means, People would spend within their means, There would be decreased consumption, People would invest more, Stock values would track company value and efficiency more closely, Government would shrink, America would produce and manufacture more, Trade deficits would shrink, The economy would recover and become healthy.