A look at the 4-1-4-1 system Pep is implementing at Bayern.
At the same time, JPMorgan, which also controls metal warehouses, began seeking approval of a plan that would ultimately allow it, Goldman Sachs and BlackRock, a large money management firm, to buy 80 percent of the copper available on the market on behalf of investors and hold it in warehouses. The firms have told regulators that these stockpiles, which would be used to back new copper exchange-traded funds, would not affect copper prices. But manufacturers and copper wholesalers warned that the arrangement would squeeze the market and send prices soaring. They asked the S.E.C. to reject the proposal.
After an intensive lobbying campaign by the banks, Mary L. Schapiro, the S.E.C.’s chairwoman, approved the new copper funds last December, during her final days in office. S.E.C. officials said they believed the funds would track the price of copper, not propel it, and concurred with the firms’ contention — disputed by some economists — that reducing the amount of copper on the market would not drive up prices.
In the event that this sentence isn’t a dramatic oversimplification, shouldn’t that say “all economists”? Or does Banking Economics 302 contradict a major fundamental of Macroeconomics 101? (source)
South of the Columbia and north of California, scores of wild green rivers come tumbling down out of the evergreen, ever-wet forests of the Coast Range. These rivers are short- twenty to sixty miles, most of them- but they carry a lot of water. They like to run fast through the woods, roaring and raising hell during rainstorms and run-offs, knocking down stream-side cedars and alders now and again to show they know who it is dumping trashy leaves and branches in them all the time. But when they get within a few miles of the ocean, they aren’t so brash. They get cautious down there, start sidling back and forth digging letters in their valleys- C’s, S’s, U’s L’s, and others from their secret alphabet- and they quit roaring and start mumbling to themselves, making odd sounds like jittery orators clearing their throats before addressing a might audience. Or sometimes they say nothing at all but just slip along in sullen silence, as though they thought that if they snuck up on the pPacific softly enough it might not notice them, might not swallow them whole the way it usually does. But when they get to the estuaries they realize they’ve been kidding themselves: the ocean is always hungry- and no Columbia, no Mississippi, no Orinoco or Ganges can curb its appetite… So they panic: when they taste the first salt tides rising up to greet them they turn back toward their kingdoms in the hills. They don’t get far. When the overmastering tides return to the ocean, these once-brash rivers trail along behind like sad little dog on leashes- past the marshes with their mallards, the mud flats with their clams, the shallow bays with the herons, over the sandbars with their sceaming gulls and riptides, away in to the oblivion of the sea.
Every time I interact with AmEx I come away pleased:
Me: “Hey AmEx - Hertz charged me for parking tolls on their EZPass even though I left it in the box and paid cash. What gives?”
AmEx: “When you signed your recent car rental contract, you authorized AMERICAN TRAFFIC SOLUTION and their traffic citation administrator to collect payments for any citations incurred during the term of your car rental by billing the Card used to pay for the rental car. This includes parking, toll, photo-enforcement, or other citations. The contract also stated that you would be charged a fee for administration and processing costs.”
Me: “Thanks - the problem that I have is that while I did authorize them to charge me for tolls using their EZ-Pass, I didn’t actually use the EZ-Pass device mounted on the windshield. I left it enclosed in the metal box that’s supposed to keep it from registering while going through a toll booth, and paid all the tolls with cash since the toll was $1.80 and I only used it a handful of times.
That’s my dispute with AMERICAN TRAFFIC SOLUTION. I realize I can’t do much to fight this since I didn’t save $7.50 worth of toll receipts over a one week stretch, and even if I had, they’d still have legal right to charge me since their device still triggered.”
AmEx: “We contacted AMERICAN TRAFFIC SOLUTION for you to give them the opportunity to provide any additional information. As of today, they have not given us the information we need to resolve the matter. Therefore, we will issue a credit for $26.55 which will be reflected on an upcoming statement.”
There is purity to his comedy. His references are all grandmas and Martians and cowboys. It’s so completely free from topical references and pop culture that I feel like everyone who’s gonna make a Honey Boo Boo joke should do some penance and read Jack Handey.
—SNL writer Maria Semple, quoted in: Jack Handey Is the Envy of Every Comedy Writer in America - NYTimes.com (via nickdouglas)
The fact that he’s dropping the hyphen isn’t the worst part of this blurb:
"People are not confident about using hyphens anymore, they’re not really sure what they are for," Shorter OED editor Angus Stevenson told Reuters at the time.
Wait- what? You don’t even have to understand compound modifiers to know what they’re for. If we dump hyphens, how will we ever know that a “hot ass burger” isn’t really a “hot ass-burger”? I don’t want to live in that kind of dangerously ambiguous world.
My friends know that I hate parking lots and elevators, not because they are places that danger could occur, but it’s a prime place in which someone of my physical size can be seen as a dangerous element. I wait and wait in cars until I feel it’s safe for me to make people feel safe. I know most of y’all are eye-rolling, but if you spent a good three months in these size fourteens, you’d understand why I take that position.
The most common, below-the-belt knock against Jay-Z is that he’s old—old enough, at 43, to have parented many emerging rappers. His real problem is even more fundamental than age, though. Jay-Z owns of one of rap’s greatest narratives: A hustler from the streets climbs his way into wealth and, eventually, unfathomable influence and power… But that narrative is over. It came to its logical conclusion in 2003, when Jay-Z retired at the top of the world.
There’s a reason why caper films end once the heroes hit their payday. Any more than a few shots over the credits of them enjoying cigars and breaking in their new yachts, and suddenly they no longer seem nearly as sympathetic as they were when they were scrappy underdogs. Jay-Z’s story has ended and the credits have finished, but he refuses to leave the screen.
This whole article is filled with reasonable critiques of Jay-Z, but whatever. He still made Reasonable Doubt, The Black Album, and ummm… the first half of Watch the Throne, and I’ll be listening to those albums for the next fifty years.
I have to rise to the defense of President Karzai. Part of the problem is the expectation of American liberals, in particular, that our kind of democracy should be like Scandinavian democracy, instead of accepting the fact that it’s probably going to be more like … Chicago under Mayor Daley.
Husain Haqqani, the former ambassador to Washington from Pakistan
Activist Margo Frutier from women’s rights group FEMEN is detained by a security guard after staging a protest near the European Commission during a visit by Tunisia’s Prime Minister Ali Larayedh in Brussels, on June 25, 2013. (source)
The source of our sense of disunity, it seems, is not so much the way we live, but the way our leaders do. When asked which figures in America do the most to divide our nation, every group in America, across age, gender, political party, and region said “politicians,” choosing them at a rate of more than five to one over media figures, corporations, religious leaders, and others. Americans particularly blame “money in politics” and “Congressional gridlock” for driving us apart.
Americans think politicians are responsible for the other top driver of disunity, too: “wealth inequality.” A remarkable 62 percent of Americans, including a plurality of Republicans, say elected officials “mainly reflect the values of the wealthy.” Sixty-three percent of Americans — including nearly half of Republicans — say big corporations have too much power. In perhaps the most damning appraisal of America’s current playing field, barely four in ten Americans say today’s wealthy people got there by actually working harder than everyone else. Indeed, over 80 percent of Americans say that if we want to regain our unity, we need to shrink the gap between rich and poor.