BMEWS
 
Sarah Palin is the other whom Yoda spoke about.

calendar   Friday - September 26, 2008

I don’t want to agree with Nancy ever, but …

Bank CEO takes $20 Million Golden Parachute as bank fails.
He had the job less than 3 weeks.




And another bank down, another house gone, another one bites the dust.


Yeah right, and WaMu didn’t know this was coming? They didn’t know they had already jumped off the cliff before they hired him? Oh, he was Magic Jeezus sent down from Heaven to save them at the last second with a box full of miracles? My ass. I’m beginning to think that creative accounting should be a double capital offense. The .45 caliber kind, as well as the fiscal kind.

Fishman was the new chief executive officer for Washingon Mutual — WaMu — the nation’s largest savings and loan, which was taken over Thursday night by federal bank regulators and quickly dumped in a fire sale to JPMorgan Chase for the Wal-Mart-like price of $1.9 billion.

But don’t cry for Fishman, who reportedly was sky-high — literally — last night, on a flight from New York to Seattle, when WaMu collapsed. Even though he’s only been on the job for less than three weeks, he’s bailing out with parachute worth close to $20 million, according to an executive compensation analysis conducted for the New York Times by James F. Reda Associates.

That’s right, $20 million for 17 days on the job ... and his company failed.

Fishman, who formerly was chairman of Meridian Capital Group, apparently was much coveted by WaMu, which was counting on him to lead the failing thrift out of mortgage troubles that pushed the bank to a $3.3 billion second-quarter loss.

According to filings with the Securities and Exchange Commission, WaMu threw a $7.5 million bonus at Fishman when it hired him on Sept. 8, and guaranteed him an immediate cash severence of $11.6 million — both of which he gets to keep.

Documents show WaMu was going to pay their new boss $8 million to simply not screw up and get fired — all negotiated as the Seattle-based banking giant’s loses climbed to an estimated $20 billion.

The rich get richer and the rest of us get fucked over. Nothing ever changes.


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Posted by Drew458   United States  on 09/26/2008 at 04:46 PM   
Filed Under: • Finance and Investing •  
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Somebody just made their last mistake

Prepare for hell boys and girls. You’re about to see one major reprisal in eastern africa. Little kidnappings and ship hijackings are one thing. This latest bit of piracy is an act of war. Against the Russians. And that is a really big mistake to make.

Somali Pirates Seize Ukranian Ship Loaded With Russian Tanks And Ammo

Russia’s navy ordered a warship to Somalia’s coast, officials said Friday, after pirates seized a Ukrainian vessel loaded with 33 tanks, ammunition, and Russian and Ukrainian crew members.

Russian navy spokesman Capt. Igor Dygalo said in a statement that the frigate Neustrashimy left the Russia’s Baltic port of Baltiisk on Wednesday. The statement did not specifically mention the seizure on Thursday of the Ukrainian ship.

Ukrainian Defense Minister Yury Yekhanurov, meanwhile, said that the ship, the Faina, was carrying 33 Russian T-72 tanks and a substantial quantity of ammunition and spare parts. Yekhanurov said the tanks were sold in accordance with international law, according to Larisa Mudrak, a spokeswoman for Ukrainian President Viktor Yushchenko.

Ukrainian officials and an anti-piracy watchdog said 21 crew members were aboard the seized ship, and Ukraine’s Foreign Ministry said the crew included three Russians.

U.S. ships are in the area and are “monitoring the situation,” Lt. Nate Christensen, spokesman for the U,S, Navy’s 5th Fleet said, but added he could not go further into specifics because of the security issues involved.

This is the 61st attack off Somalia this year, and pirates are now holding 14 ships and more than 300 crew members, said Noel Choong, who heads the International Maritime Bureau’s piracy reporting center based in Malaysia.

Middleton said it was unclear how the pirates might react if confronted by military action, noting that they have fled from authorities in the past. On the other hand, he said, they are usually well-armed and organized and are based in an unstable country — Somalia.

“It could potentially get pretty messy,” he said

Give ‘em Hell Ivan. Somebody has to, and you’re the only guy out there with the balls to do the job properly. Burn Somalia to the ground. Send one warship now, backed up by a dozen more tomorrow. And a few divisions of Spetnatz. Solve this problem, once and for all. Nobody cares if you kill everyone in the entire country. Really. Nobody cares. And you don’t care about a bunch of whiny protesters or a few pissy letters from the UN. Do it.


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Posted by Drew458   United States  on 09/26/2008 at 04:34 PM   
Filed Under: • Pirates, aarrgh!War On Terror •  
Comments (9) Trackbacks(0)  Permalink •  

The Brit View from the Telegraph:  Congress must agree Henry Paulson’s cheque

More economic stuff and I don’t think I like this word.  catastrophic

I guess is all depends on what they mean by .....

Congress must agree Henry Paulson’s cheque

Last Updated: 12:01am BST 26/09/2008

Once President George W. Bush had warned the American people in near-apocalyptic language that, if Congress failed to approve his $700billion bank bail-out, the entire US economy was in peril, it became hard to conceive of the deal being blocked.

Henry ‘Hank’ Paulson intends to buy the banks’ toxic debts with the $700 billion

Such once-in-a-lifetime threats can never be made — or taken — lightly. So, despite immense reservations on Capitol Hill, on both sides of the aisle, about the implications of the rescue package and the alarmingly slapdash way in which it appears to have been constructed, no one was under any illusion last night that, if it is not approved, the impact on world markets will be catastrophic.

That has not prevented both the Democratic and Republican leaderships in Congress pushing the plan to the wire. Neither side has been prepared to give Hank Paulson, the Treasury Secretary, the blank cheque he was looking for.

They are right to be appalled at the size of the bail-out, the vagueness of Mr Paulson’s proposals and the unconscionable speed with which he wanted it approved. Congress has felt it is being bounced, and who can blame it?
# £$700bn bail-out deal hangs in the balance

In three days of wrangling, much of it conducted in public, it appears to have succeeded in building in safeguards for the American taxpayer: an oversight board to monitor the plan, combined with a requirement that taxpayers take a share of future profits from assisted lenders. Measures to help mortgage defaulters were also being bolted on.

If President Bush’s warning of Götterdämmerung looks like serving its purpose, his swipe at the “irresponsible actions” of bankers has been less helpful. Yes, some of the market practices we have witnessed in recent years have been hard to defend.

But the President — in much the same way as Gordon Brown in this country — breezily ignores the role of governments in laying the groundwork for this crisis. More precisely, it was the purely political decisions of the major central banks — notably the US Federal Reserve, the European Central Bank and the Bank of Japan — to keep interest rates unfeasibly low for too long to boost their economies that created the cheap money world in which the banks made hay.

If the Paulson deal is sealed and has the desired effect of kick-starting the banking sector, there should be no need for a similar bail-out package in this country. Given that the Government has already committed £50 billion of taxpayers’ cash to rescuing Northern Rock, that is as well.

But this is far from being over. If the Paulson Plan clears Congress, the next big question will be: what if it doesn’t do the trick? Where do we go from here? Are there any more shots left in the locker? These are not comfortable thoughts.

http://tinyurl.com/4r4g3j


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Posted by Drew458   United Kingdom  on 09/26/2008 at 04:06 PM   
Filed Under: • EconomicsEditorialsUK •  
Comments (1) Trackbacks(0)  Permalink •  

Critics, Posts, and the Same Old Crap

An email from Walt, BMEWS member for a year and a half, never made a comment:

Thought I’d let you know that I cleaned up my bookmarks file today and deleted Barking-Moonbat.  Why?  I realized that over the months I have quit reading the blog regularly, probably because most of the posts were from and about Europe.  Too bad you guys ruined a really good blog after Alan passed.  I’ll bet your site meter is way down too.

Over at Vilmar’s blog, my dearest old pal Old Cat Man feels we’re floundering. How we’ve ever managed to get by without his constant sunny input is a miracle beyond my understanding.

Hey, guess what? Allan and Vilmar aren’t running things anymore. Too bad. Yes we have more of an international flavor these days. So what? You think the whole world is just the USA? Or that moonbattery is only limited to our shores? Guess again. Oh, and I couldn’t shiv a git about site meter stats. Hell, I ripped that thing out last month when it went all flukey. I’m not doing this to be Mr. Popular. It’s a hobby, m’kay, not a business.

No, I don’t put up 20 posts a day. And I’m not going to. Unless it’s just some graphics it takes me quite a while to put one of these posts together; it’s a lot more than just seeing something in the paper and deciding to paste it in. Some of the stuff requires actual research. Some of it requires more than a bit of thought. And some of us aren’t retired, so we’re out trying to earn a living instead of sitting in front of a keyboard all day surfing around looking for things to post about.

So yeah, my posting level has been down lately. Sorry. No. Not Sorry. I’ve been earning a living instead. And I’m suffering political burnout again. Same shit, different day, it never changes. The Left is screwing everything up, and lying out it’s ass about it all the time. And the news people are totally part of it. It stops being a whacky conspiracy theory when it can be shown to be true.

Here’s a post from Ann Coulter, preaching to the choir, telling us what we already knew. What the media is forgetting to mention, or simply explaining away. A large part of this End Of The World financial crisis was brought on by the left. No shit Sherlock. The rest of it was brought on by fraudulent debt packaging practices. No shit, twice.

Before the Democrats’ affirmative action lending policies became an embarrassment, the Los Angeles Times reported that, starting in 1992, a majority-Democratic Congress “mandated that Fannie and Freddie increase their purchases of mortgages for low-income and medium-income borrowers. Operating under that requirement, Fannie Mae, in particular, has been aggressive and creative in stimulating minority gains.”

Under Clinton, the entire federal government put massive pressure on banks to grant more mortgages to the poor and minorities. Clinton’s secretary of Housing and Urban Development, Andrew Cuomo, investigated Fannie Mae for racial discrimination and proposed that 50 percent of Fannie Mae’s and Freddie Mac’s portfolio be made up of loans to low- to moderate-income borrowers by the year 2001.

Hey, good for her. I knew this. You knew this too. But I didn’t write about it. I can only bang the alarm gong so many times before my arm gets sore. Clinton sycophant Jamie Gorelick had a huge hand in screwing up Fannie Mae. You knew that as well. Yeah, the same Gorelick who built the walls between the FBI and the CIA that helped 9/11 happen, and was on the bench during the Clinton white wash 9/11 Commission Hearings instead of under investigation. And she’ll get away with this too. Clinton is God, all his people are Angels, and nothing bad will ever happen to them - fingers won’t even be pointed in their direction - unless Hillary decides that they need to be dead. When this fiscal mess is past, I fully expect there to be huge investigations. And I guarantee you that critical records will be missing, or that Sandy Burglar will pay a visit wearaing baggy trousers. And nothgin will be done, except to blame Republicans of political corruption and nefarious business practices. Just ask Nancy Pelosi.

See? Same shit, different day. I’ll blog my ass off if I can find something actually new to write about.


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Posted by Drew458   United States  on 09/26/2008 at 03:38 PM   
Filed Under: • No Shit, Sherlock •  
Comments (5) Trackbacks(0)  Permalink •  

US taxpayers are being enrolled in an economic chain gang .

What Brits woke up to with their morning paper.  Read it right here.

Well people, I have to tell ya that I am very far from smart when it comes to high finance or for that matter, balancing a check book.

I recall some 20 years ago when the wife and I had a disagreement over who knows what at this late date.  But in the course of our chat she got a bit angry (probably cause I wasn’t) and asked me why I married her if ... but I no longer remember what the subject was.  I do recall my reply though which was meant to be funny and she laughed and that was the end of the disagreement.

What I answered was .... I married you because I couldn’t find an accountant that would have me. haha. You had to be there.

Point is ... I am hopeless with this stuff and the wife balances the check book and took care of the books when I was working. See, I add 1 plus 1 and come up with 11.  So I have to have ppl explain this stuff.  Like, do I need to be frightened?

Funny thing .... I understood the stock market well enough during the bubble (bubble? what bubble) thanks to a fellow named Wade Cook.
But this stuff?  Don’t think so. 

Well anyway ... I would be most interested in your opinions on the subject.

more later.

Thanks. jdp

US taxpayers are being enrolled in an economic chain gang

By Jeff Randall
Last Updated: 10:01pm BST 25/09/2008

“To preserve their [the people’s] independence, we must not let our rulers load us with perpetual debt. We must make our selection between economy and liberty, or profusion and servitude” - Thomas Jefferson

There was a time, early in America’s history, when its leaders believed in financial discipline. No more. Perpetual debt, which Jefferson feared would enslave future generations, is clamped on Uncle Sam’s undercarriage like a ball and chain. US public borrowing is $9.8 trillion - and rising.

Jefferson, America’s third president (1801-09), is widely regarded as the White House’s most intellectually gifted occupant. He believed that “banking institutions are more dangerous to our liberties than standing armies”, and that “the principle of spending money to be paid by posterity … is but swindling futurity on a large scale.”

If Congress approves the Treasury Secretary’s $700 billion bail-out of dysfunctional banks, it would be hard to invent a better example of what Jefferson foresaw: authorised “swindling”. Tomorrow’s Americans and those who come after them will pay and pay for the grotesque excesses and self-indulgence of today’s flim-flam merchants.

As Jefferson put it: “If we run into such debt, as we must be taxed in our meat and in our drink, in our necessaries and our comforts … [we will have] no means of calling our mis-managers to account but be glad to obtain subsistence by hiring ourselves to rivet their chains on the necks of our fellow sufferers.”

Having failed to deliver victory in the War on Terror, President Bush is hoping for better luck in the War on Error. His goal is to limit damage from the egregious mistakes of sub-prime mortgages; his tactics are to carpet-bomb the banking system with federal funds. The upshot, in Jeffersonian terms, is that US taxpayers are about to be enrolled in an economic chain gang.

The prospect is unappealing, but, we are told, there’s no alternative. Hank Paulson’s plan offers fewer details than his weekly milk bill, but now, it seems, is no time for nit-picking. Having collected sacks of gold at Goldman Sachs, this former champion of free markets wants to nationalise assets at a pace not seen since Che Guevara was lighting cigars with Batista’s legacy.

No wonder so many Congressmen look queasy. They must persuade constituents, many of whom are losing jobs and homes in the credit crunch, that it is a bright idea to rescue those who profited hugely from the creation of dark instruments. Not for the first time, Wall Street is bilking Main Street.

For those who work in the fast lane of finance, the speed of decline has been ear-popping. Less than a year ago, America’s investment banks were wallowing in record bonuses, totalling almost $38 billion. Yes, billion.

Their pool of monopoly money was greater than the GDP of Bulgaria. Split among 186,000 workers at Goldman Sachs, Morgan Stanley, Merrill Lynch, Lehman Brothers and Bear Stearns, it equated to an average of more than $200,000 per person, about four times the median US household income.

Goldman’s chairman, Lloyd Blankfein set a new standard in executive gluttony, collecting $68 million (about one third in cash), but at least his bank is still standing. Richard Fuld, Lehman’s chief executive, trousered $41 million. Nice work, except that he took the lot in the bank’s shares. Nine months later, when Lehman went bust, Fuld’s bonus joined his reputation, in the trash-can.

Banking’s bacchanalia has morphed into a therapy group for manic depressives. Those still in work look around the room and wonder how many will be flipping burgers by Christmas. In an interview with Fortune magazine, Mr Paulson admits: “Raw capitalism is a dead end. I’ve seen it.”

Now I have heard it all. What next?

In place of rip-roaring markets, according to a Wall Street trader, America has embraced “trickle-down communism”. This system involves the state paying “cash for trash” to benefit a few miscreants, and then hoping that some of the taxpayers’ largesse will trickle down to the masses.

Toxic rubbish will not be made to disappear by Mr Paulson’s proposals. All that will be different is ownership. It will be like removing nuclear waste from a failing business and parking it in a government building. The risk moves from private to public.

It is this form of regressive redistribution that Messrs Bush and Paulson are peddling as the road to redemption for Western finance. Excuse my cynicism, but would you buy a used derivative from either of them?

After Hurricane Katrina and the flooding of New Orleans, Mr Bush’s record on rescue missions does not inspire confidence. As for Mr Paulson, if he’s so insightful, why, when he was earning an $18 million bonus at Goldman in 2006, did he not spot the radio-active dump piling up in his industry’s back-yard?

Mr Paulson’s sales pitch is essentially: “American capitalism, I love you! But we only have 14 hours to save the Earth!” In return for a promise to head off financial obliteration, he is demanding a cheque of disturbing blankness. It is to be a bail-out with precious few strings, plus immunity from review “by any court of law or administrative agency”. His legal team must have chuckled when they slipped in that one.

The scheme is under attack from right and left. George Soros, the investor who helped break the pound in 1992, is in favour of action to stem insolvencies, but insists that Paulson’s plan falls short. Paul Krugman, professor of economics at Princeton, has little faith in Paulson as a fixer: “He’s making it up as he goes along, just like the rest of us.”

Outside Washington, in the real world, there is a growing clamour for something to be done. Ordinary voters are in pain. They want government to make it go away. But there is no magic powder.

Those who borrowed to buy assets at the wrong prices will have to suffer, as financial gravity re-asserts its downward pull. There is no policy yet invented that can make fifty cents worth two bucks forever.

Any long-term solution will have to recognise that contraction cannot be deferred in perpetuity. Having restored stability, it should punish those who created the mess. Where’s the retribution in Paulson’s package? It looks too much like a parachute for his chums at the back of a burning plane.

Finally, there needs to be an overhaul of banking governance. The rules of the game were, in effect, made redundant by the ingenuity of financial engineers. We do not need more regulation, but more appropriate regulation.

Which brings us back to Jefferson. Two hundred years ago, he demanded: “The issuing power should be taken from the banks and restored to the people to whom it properly belongs.” Twas ever thus.

http://tinyurl.com/4omo5q


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Posted by Drew458   United Kingdom  on 09/26/2008 at 03:02 PM   
Filed Under: • EconomicsEditorials •  
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Virus Alert !!

If you get an e-mail with “Nude Photos of Sarah Palin” in the subject
line, do not open it. It might contain a virus.

If you get an e-mail with “Nude Photos of Hillary Clinton,” do not open
it. It might contain nude photos of Hillary Clinton.


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Posted by Drew458   United States  on 09/26/2008 at 12:52 AM   
Filed Under: • Humor •  
Comments (2) Trackbacks(0)  Permalink •  

calendar   Thursday - September 25, 2008

.45-60 Blogging

I finally broke down and found somebody to make me the cases the right way. On a precision lathe. Do it the right way, it’s worth it.

First he made me a set of gauges by thinning a case rim by 0.001”. Then thinning another case rim by 0.002”. Et cetera. It turned out that the Uberti rifle was built exactly to spec, so we’re going to use a case rim thickness that allows only 5 ten thousandths of an inch ( 0.0005” ) headspace. Which is about as good as it will ever get. Once I got the gauges and found the best fit, he had the cases cut in a couple days. It only took him about an hour and a half, so it was a fun little project for him.

Cost was right too. Only cost me 50¢ per case overall including shipping since I provided the cases and will length trim them myself, and I’m returning the favor by running some posts at various gun forums and cowboy action forums giving out his email. Why not drum up some business for the guy now that he’s got the set up done? You’ve got to be a real gun nut, or a hardcore Cowboy Action shooter to buy one of those reproduction 1876 Winchesters in the first place, and brass is awfully expensive. And gun nuts and Cowboy Action shooters go to these forums all the time. This guy will make them for you from new brass cases at about $1.25 each. And that’s custom fit to your particular rifle, trimmed to length too. I think it’s a good deal.

Now to see if the gunpowder came in this week.

image

image

Precision power tools are just so freakin cool !!


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Posted by Drew458   United States  on 09/25/2008 at 10:26 PM   
Filed Under: • Guns and Gun Control •  
Comments (3) Trackbacks(0)  Permalink •  

Why can’t a woman boss be like a man?  (don’t know. cause they’re built different?)

I have been reading this lady for about four years now.  I like her writing style and quite frankly, I kinda like her.  Oh yeah .. Lyndon reminded me once.
Celia Walden also. It’s really difficult to ignore pretty women.  Especially Walden .. now then where was I?

Oh yeah .. the following story ....  and my final post for the night.

Cheers all and hope to see you tomorrow.


Why can’t a woman boss be like a man?

By Bryony Gordon
Last Updated: 12:01am BST 25/09/2008

So now we know. Women don’t much like women, and they certainly don’t like working for them. Research published this week has found that females who have the misfortune to have a boss with breasts and a high-pitched voice are more likely to suffer from stress than those who answer to a strapping hunk of a man.

Ladies who work for ladies suffer more from depression, headaches and insomnia. Well, obviously. Who wouldn’t experience horrific, disturbing night terrors, knowing that, in several hours’ time, they must trudge to the office and be told what to do by a woman?

Indeed, just thinking about the concept of a female being put in charge of a workforce has given me a migraine. Make it stop! I may have to go and lie down, but, while I’m gone, could somebody see to it that all bosses with two X chromosomes are replaced by ones with an X and a Y?

Scientists at the University of Toronto believe that there are two reasons a female boss causes such strife. The first is that women prefer to be told what to do by men: that’s the way it has been for thousands of years, we are used to it, why change the habit of several lifetimes? The second is Queen Bee Syndrome. People who suffer from this do not like it one bit when they are surrounded by competitors of the same sex.

For years, women have pondered why gender equality in the workplace has been so difficult to achieve. Here we are in 2008, and in Britain there is still a 17 per cent pay gap - despite the fact that all the evidence points to girls consistently outperforming boys at school, year in, year out.

We have long blamed men, believing that our career has been hindered by sexist, chauvinist pigs who think that the main points of a lady is to look pretty, cook dinner and pop out babies.

But we have made scapegoats of the opposite sex for too long. What this research suggests is that we are our own worst enemies, allowing petty jealousy to get in the way of our careers. Change comes from within, and the sooner we accept that, the sooner we can smash through more glass ceilings.

• We are, it seems, a nation of criminals. We should all be locked up, the keys thrown away forever more. Apparently, the average person breaks the law at least once a day. We download music illegally, park on double yellow lines, don’t clean up our dog’s mess, cycle without lights after dark and even eat while driving. We should all be thoroughly ashamed of ourselves.

This news reminded me of the time a friend - a middle-aged professional - was stopped by a policeman and given a warning for cycling on an empty pavement. Pc Plod told my chum that it put pedestrians in danger, despite there being none around, and besides, how could he be sure that my chum was not going to cycle past a non-existent pedestrian and relieve them of their non-existent handbag before making a quick getaway on his fold-up bicycle?

My friend responded that he could not be sure, but the fact that he was in his mid-forties and wearing a suit might perhaps give him some inkling that his only intention, while on this bike, was to travel from A to B. And with that Pc Plod went on his way, presumably to continue with his job of bothering other, mostly law-abiding citizens.

• It’s official. Blondes really do have more fun. Hooray! Researchers - this time from Nottingham Trent University - found that a woman who bleaches her hair is more confident, more adventurous in bed, more likely to complain about unfair treatment and, finally, more likely to ask her boss for a pay rise. Just as long as her boss isn’t also a woman, I suppose.

http://tinyurl.com/3ubwr2

you may have to scroll down a bit for this article.


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Posted by Drew458   United Kingdom  on 09/25/2008 at 04:01 PM   
Filed Under: • EditorialsFun-StuffUK •  
Comments (7) Trackbacks(0)  Permalink •  

WIND TURBINES CAN BE A WASTE OF TIME AND MONEY.  (don’t say)

Kinda bringing BMEWSers up ta date case they didn’t already know.
Also wanted to get this posted fast before Drew put one on his house or Grumpy. All the regulars.  Now you’ve seen this you won’t rush out to buy.

However ... I do have an idiot cousin born on April 1st who is also a donk libtard that I don’t usually acknowledge and do not speak to.
She might have this.  Hey ... every family has one ya know.  How about, almost every family.

Wind turbines in suburban areas a ‘waste of time and money’
Wind turbines are a waste of time and money for any householder that lives in a built-up or suburban area, according to a leading consumer watchdog.

By Harry Wallop, Consumer Affairs Editor
Last Updated: 12:12AM BST 25 Sep 2008

The ultimate green lifestyle statement could, in fact, end up using up energy rather than creating it, said Which?, the consumer organisation, which has tested one over the last year.

Between December 2007 and June 2008 the turbine, on top of a roof in Milton Keynes, used up more electricity that it generated. That is due to an inverter that converts energy into a form that is usable by the mains – but it constantly uses power, even when the turbine is not turning.

Chirstopher Christoforou, principal researcher at Which?, said: “This house is not in the centre of town, it’s in a suburban area. We can’t recommend any domestic wind turbine if you live in a built-up environment of any sort. It really isn’t worth the money.”

The tester installed a Windsave WS1000 turbine – the most popular domestic turbine, which is sold at the B&Q chain – late last year. The machine costs £1,5000 but between December 2007 and June 2008 it actually used up 9.4 kilowatt hours of power – the equivalent of boiling a litre of water in a kettle 85 times.

This is the latest report to suggest that wind turbines – famously championed by David Cameron atop of his Notting Hill house – can never solve Britain’s lack of cheap energy.

Friends of the Earth have admitted that domestic wind turbines are too often a “glamourous statement” and that consumers should invest in other, more efficient forms of energy saving such as loft insulation.

Earlier this month a joint study by the Carbon Trust and Met Office said small-scale wind energy could in theory generate some 41.3 terawatt hours of electricity – 12 per cent of UK electricity consumption – each year.

But with current electricity prices and the cost of small wind turbines, only a fraction of that is deliverable. The study concluded that if one in ten households had turbines, they would produce just 0.4 per cent of total UK energy consumption a year.

Windsave, the manufacturers of the turbines, have rounded on Which?, claiming the organisation was “inept” and failed to listen to its advice that the tester’s house was not in an windy enough area.

The house in Milton Keynes has an average wind speed of 4.7 meters per second.

The company says the speed needs to average 5 meters per second before the turbine generates energy. The average across Britain is 5.8 meters per second.

David Gordon, the chief executive of the company, said: “They are out to castigate a pioneer in the industry.”

The company sent a disclaimer to the tester saying the site was not windy enough – but this was a full year after tester ordered the turbine, but had yet to install it because of planning problems.

Mr Christoforou said: “Our tester did sign the disclaimer, but let’s face it 4.7 meters per second is not far off 5 meters per second and yet we ended up using energy rather than generating it.”

Mr Gordon insisted that at 5 meters per second one of his turbines would generate enough energy for a consumer to make a return on their £1,500 machine in seven years.

http://tinyurl.com/5yc4ro


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Posted by Drew458   United Kingdom  on 09/25/2008 at 03:42 PM   
Filed Under: • Environment •  
Comments (5) Trackbacks(0)  Permalink •  

al-Qaeda terrorist cell researched targets including military bases.  England on the front line.

“and the trial continues.”

Gosh I knew it was coming to this.

So, before a cockroach can be killed, it has to have a trial.  What killed?  eu law says roach has rights and even if guilty they can not be killed

Good examples here of sub-species. Do not be taken in.  They only sometimes appear human to better infiltrate and cause harm.
KNOW YOUR ENEMY!

Al-Qaeda terrorist cell ‘researched Tony Blair’s friends’
An al-Qaeda terrorist cell researched targets including military bases, the Defence Secretary and friends of former Prime Minister Tony Blair, a court has heard.

By Duncan Gardham, Security Correspondent
Last Updated: 4:36PM BST 25 Sep 2008

image

Habib Ahmed had allegedly looked for the address of Geoff Hoon, then Defence Secretary, and researched his constituency, using a computer at his home in Cheetham Hill, Manchester.

He had also looked at a web site which gave details of Sir Trevor Chinn, the chief executive of Lex Services, who was described in court as someone “close to Tony Blair who was then Prime Minister.”

Ahmed was said to have downloaded a document called “a study of assassination” and looked at grenades and how hydrogen peroxide and TATP could be used in homemade bombs along with chemical companies in Manchester.

“This is information that is entirely consistent with searching for suitable targets,” said Andrew Edis QC, prosecuting.

He said Habib had been called to Dubai two years later in December 2005 to help a senior al-Qaeda operator who had to divert to Britain when his mission was aborted after the assassination of his senior commander.

Rangzieb Ahmed was travelling from the tribal areas of Pakistan, through China, to South Africa when his mission was cancelled, Manchester Crown Court was told.

The court heard that Habib was sent back to Britain with a code book written in invisible ink given to him by Rangzieb, described as a senior member of al-Qaeda.

The men’s conversation in the hotel room in Dubai had been bugged but Mr Edis said: “It is clear that they were member of a terrorist organisation but precisely what that target was was not disclosed by the probe.”

The code book allegedly included phone numbers for Hamza Rabia, described as the number three in al-Qaeda and its director of operations who was killed a few days earlier.

Other numbers were said to have included Khalid Habib, described as al-Qaeda’s number six and a senior bomb-maker and Mamoun Darkazanli, a suspected terrorist financer allegedly connected with the Madrid train bombings.

“It is the prosecution case that Hamza Rabia was supposed to be the controller of the mission that Rangzieb Ahmed was on and he got killed and that was part of the problem and that is why there never was a mission,” Mr Edis said.

According to the prosecution, Habib had previously looked at information which included members of Scotland Yard’s anti-terrorism squad, including its then leader, Assistant Commissioner David Venesss, and a further search had looked at Dame Eliza Manningham-Buller, then head of MI5.

A list supplied by the Defence Housing Executive gave the addresses and phone numbers of military bases around the country, and another gave details of RAF Mildenhall and Lakenheath, described in the document as “proudly serving American military communities in the UK” while another contained details of Whale Island in Portsmouth, a Royal Navy training college.

There were also details of the Russian Embassy in Kensington, West London and the Indian defence attache in London, both the object of Muslim anger after wars in Chechnya and Kashmir, the court heard.

“One of the reasons you might want to know where [the embassy] is is because you want to blow it up and you might want to know who these people are to kill them,” said Andrew Edis QC, prosecuting.

Rangzieb is accused of directing the activities of a terrorist organisation, possessing articles for terrorism and possessing a rucksack with traces of explosives.

Habib is accused of possessing information for terrorism and receiving terrorist training in Pakistan.

Haji is accused of arranging funding for terrorism.

They deny the charges and the trial continues.

http://tinyurl.com/4rv236


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Posted by Drew458   United Kingdom  on 09/25/2008 at 03:24 PM   
Filed Under: • TerroristsUK •  
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A village expecting a scooter and music festival found itself hosting an 800-strong Nazi rally .

“We are conducting a thorough investigation into a complaint about racist chanting.”

Oh good. I’m happy the police are right on top of this.  No comment about investigating property damage or drunks threatening ppl.
Oh goodness no.  But we’ll investigate race chants.


Somerset village ‘invaded’ by Nazis
A village expecting a scooter and music festival found itself hosting an 800-strong Nazi rally instead.

By Ben Leach
Last Updated: 1:33PM BST 25 Sep 2008

White supremacists from Britain, Germany and Eastern Europe arrived in Redhill, Somerset, draped in swastika flags.

The skinheads, wearing leather jackets and army boots, were heard by residents chanting: “Sieg Heil, Sieg Heil.”

Locals claimed they urinated over cars and threatened anyone who dared intervene.

Mother of two Sarah Gooding - who filmed the rally - said her family had had to flee their cottage in fear.

Sarah, 39, said: “It was like a miniature Nuremberg rally. I ran inside, burst into tears and said to my husband, ‘We’ve got to go, I don’t feel safe’.

“Our daughters were really, really frightened. They were in tears as we were packing our bag to flee.”

Debbie Johnson, another resident in Redhill, Somerset, said she left her home as drunks took over her garden.

She added: “It was disgraceful behaviour. I was very upset that anyone can hold those views after what’s happened in the past. I found it incredibly distressing and so did my family.”

The Bungalow Inn had provided a two-acre field with a marquee for the weekend-long “scooter and music festival” after being contacted by record company ISD.

Bosses were unaware that ISD bills itself as the world’s “oldest and most dependable White Nationalist Movement CD label” – or that the event marked the 15th anniversary of the death of a cult skinhead band’s frontman.

Pub manager Ian Saunders said: “If I knew that this would happen I would never have allowed it.”

North Somerset Council unwittingly granted a “temporary events notice” allowing live music and the sale of alcohol.

Police received dozens of complaints, but no arrests were made.

Police inspector Steve Date said: “We are conducting a thorough investigation into a complaint about racist chanting.”

ISD records were unavailable for comment.

http://tinyurl.com/3mgckw


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Posted by Drew458   United Kingdom  on 09/25/2008 at 01:30 PM   
Filed Under: • MiscellaneousUK •  
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pistol used to assassinate the Archduke Franz Ferdinand, sparking the First World War

THE GUN USED BY THE WORTHLESS SICKO BASTARD THAT LED TO WW1, WHICH OF COURSE LED TO .... #2.

I don’t even wanna hear about how the murderous TB infected creep was a patriot. He was terrorist shit and I’m glad TB got him rather then the hangman’s rope, because that was a more lingering death I hope.

He murdered the one man (and needlessly his wife as well) who actually was sympathetic to the killer’s cause. Or his stated cause.  Personally, I believe like all terrorists, he rather enjoyed himself.

Pistol that sparked First World War goes on display
A pistol used to assassinate the Archduke Franz Ferdinand, sparking the First World War, is to go on display for the first time in the UK.

By Jessica Salter
Last Updated: 1:39PM BST 25 Sep 2008

image
The pistol used to assassinate the Archduke Franz Ferdinand (and his wife ) is to go on display at the Imperial War Museum Photo: Heeresgeschichtliches Museum

The gun and a homemade grenade are being unveiled at the Imperial War Museum to mark the 90th anniversary of the end of a war which claimed 21 million lives.

The Archduke’s assassination in Sarajevo in June 1914 started a domino effect of allied nation disputes which led to the First World War.

Other pieces in the In Memoriam: Remembering the Great War exhibition include the Victoria Cross awarded to poet and soldier Wilfred Owen and a wreath tossed into the carriage carrying Prime Minister Lloyd George after the signing of the Treaty of Versailles.

Terry Charman, the museum’s senior historian, said: “The 90th anniversary of the Armistice is an important milestone in the Imperial War Museum’s own history as it was founded during the First World War as ‘a lasting memorial of common effort and common sacrifice’ to those who played their part in the conflict in which over 700,000 British servicemen lost their lives.

“We hope that In Memoriam: Remembering the Great War will allow visitors to discover more about the personal experience of those whose lives were shaped by the events of the First World War.”

The experiences of 90 individual servicemen and women and civilians will be used to illustrate the key events of the Great War and its aftermath.

The exhibition opens on September 30.

http://tinyurl.com/4mvnxp

See More Below The Fold

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Posted by Drew458   United Kingdom  on 09/25/2008 at 12:24 PM   
Filed Under: • Miscellaneous •  
Comments (2) Trackbacks(0)  Permalink •  

Barack Obama today rejected a call from rival John McCain to call off tomorrow’s televised debate.

okay folks, what’s this all about?  Yeah I can read alright.  But don’t understand this.  It looks like McC is looking for a way to avoid a debate.  ???
That can’t be right, can it?

Since neither of these guys have yet to be elected, I honestly do not see what good would come of McCain’s suggestion to hold off the debate in the national interest.  Or, is it in his own interest?

I would think the debate might be in a national interest as are not many ppl interested to see how they do and what topics are covered?

I should also mention to American friends that the reports here are that rama-lama ding-dong is now enjoying a nine point lead in polls (if they mean anything) due to the banking disaster.  So I’m at a loss to understand.

Also ... if McC doesn’t wanna debate or is frightened for some odd reason, why can’t he sic the Sarahcuda on what’s his name?

Obama and McCain face off over holding televised debate as Republicans suspend campaign to focus on economy

By David Gardner and Daily Mail Reporter
Last updated at 10:50 AM on 25th September 2008

Barack Obama today rejected a call from rival John McCain to call off tomorrow’s televised presidential debate so they can tackle America’s crippling financial problems.

Mr McCain has suspended his election campaign to return to the US capital until a proposed government bail-out plan has been approved. He asked Mr Obama to postpone the crucial TV debate - an offer that was flatly rejected.

Mr Obama said it was “more important than ever” that the country hear from its next president and continued with his preparations for the prime-time debate at the University of Mississippi.

It was unclear last night if the debate would go ahead or not. Mr McCain said he would attend only if Congress reaches accord on a financial bailout package before then, the Wall Street Journal reported.

Mr Obama said he plans to be at the debate Friday, declining to take up the challenge. “Sen. McCain is running his campaign, I’m running mine,” he said.

The Commission on Presidential Debates released a statement saying it was going ahead with the debate, which pundits believe will help propel the winner firmly towards the White House.

Speaking in Florida, Mr Obama explained why he wanted to go ahead with the highly anticipated confrontation. His handling of the economic problems have helped propel him into a nine-point lead over Mr McCain, according to the latest polls.

The Illinois senator said he had no plans to suspend his campaign, while Mr McCain said he would stop all advertising, fundraising and other campaign events to return to Washington and work for a bipartisan solution.

http://tinyurl.com/3wsje9

It is also my understanding as reported here, that President Bush has put the GOP in a bind of sorts because his package (or Paulson’s) that the pres. agreed to, is seen to put 700 billion in place to bail out banks with no thought to all the ppl that will lose their homes.
So the donks are saying they won’t pass any bill unless the “little folks” are seen to. So it make them look good.
It’s seen as bailing out Wall Street (their friends in Wall St.) while giving no protection to the average person who willlose homes through foreclosure.

btw ... these are not the ppl who gambled or invested that are being referred to as losing their homes.

So ,,,, that’s what the reportage here is saying.  It’ll be the ppl’s taxes that will do the bailing, without the same benefits that the fat cats will get.

Caution ... do not shoot messenger as he’s reporting what he is hearing and some of what’s read.


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Posted by Drew458   United Kingdom  on 09/25/2008 at 11:29 AM   
Filed Under: • Democrats-Liberals-Moonbat LeftistsPoliticsRepublicans •  
Comments (3) Trackbacks(0)  Permalink •  

Family barred from burying their dead stepfather on a Saturday … because he isn’t a Muslim

I can’t even pretend to understand the reasoning behind this.

I know there are cemeteries dedicated to one group who may own that burial ground. I don’t have a problem with that except to say ,,, the dead don’t know. Do they? But okay ....
I had an aunt and uncle from two different religions, neither of them practised (that I was ever aware of) the faith they were born in.

When my aunt passed away, when it came time for burial my cousins discovered only later, that my uncle wouldn’t be allowed to be buried next to her because he wasn’t of the same faith.  I don’t know how that all came about, that is. Why cousins weren’t aware unless the request of my aunt was for that particular cemetary.  But I thought the whole thing rather stupid since my uncle wasn’t a serious practising Catholic anyway. Jeez .. two dead folks in the ground ... why should it make a difference?

Family barred from burying their dead stepfather on a Saturday ... because he isn’t a Muslim

By Chris Brooke

Last updated at 1:24 AM on 25th September 2008

The family of a 75-year-old man have been refused permission to bury him on a Saturday because he is not a Muslim.

Harold Lemaire died last week and his family wanted the service to be held this Saturday to make it easier for far-flung relatives to attend.

But their plans were scuppered after the council said only Muslim and Jewish funerals are allowed on weekends and bank holidays.

Sheffield City Council offers the ‘extended service’ to Jews and Muslims because their faith and traditions require the dead to be buried as soon as possible.

But as Jews cannot bury their dead on the Sabbath – from sundown on Friday to sundown on Saturday – it means that effectively only Muslims can use the service.

Other local authorities are also understood to offer weekend burials only to Jews and Muslims.

However, Mr Lemaire’s family accused the council of discrimination and Islamic groups also backed calls for everyone to receive equal treatment.

Mr Lemaire’s stepdaughter Jean Maltby, 56, wanted a Saturday ceremony so her brother Stephen, 54, who lives in Dorset, and relatives in the Isle of Man could attend the service at City Road cemetery.

Mrs Maltby said: ‘It’s 2008 but there seems to be a group of rules for one section of society and a group of rules for another.

‘I am not criticising Muslims, my criticism is directed at Sheffield City Council. It’s another case of political correctness gone mad.

‘This type of attitude will only alienate one section of society against the other, it’s a stupid policy and one that needs changing.’

Religious ruling: Sheffield’s council-run City Road Cemetery buries non-Muslims only on week days.

She said the funeral had now been switched to tomorrow. Her funeral director, Michael Fogg, said: ‘I am not a racist, I have Muslim friends, but what the council is doing is operating a two-tier system and this will only alienate people against Muslims in the city.

‘Bereavement is a sensitive issue and the council needs to re-think its policy to make it fair to everyone.’

His view was supported by Abdool Gooljar, president of the Sheffield branch of the Society of Islam.

‘The last thing we want to do is cause more upset at the time of bereavement, and I would urge a rethink so everybody has the right to bury their dead when they want,’ he said.


‘I, firstly as a Muslim and secondly as a citizen, do not want preferential treatment.’

Martin Green, senior bereavement services manager for Sheffield, said: ‘The council recognised the specific cultural and religious needs surrounding burial and has been offering an extended burial service to the Muslim community.

‘This degree of flexibility is in line with services offered by major cities throughout the UK.

‘The service was reviewed and agreed last year in consultation with representatives of other religious communities, a cross-section of elected members, and local funeral directors.’

The council confirmed the weekend service was also open to Jews.

http://tinyurl.com/53ljts


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Posted by Drew458   United Kingdom  on 09/25/2008 at 08:13 AM   
Filed Under: • RoPMAUK •  
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Oh, and here's some kind of visitor flag counter thingy. Hey, all the cool blogs have one, so I should too. The Visitors Online thingy up at the top doesn't count anything, but it looks neat. It had better, since I paid actual money for it.
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